BITS
The amount of power collected from solar energy worldwide increased over 300-fold from 2000 to 2019 (yet it still accounts for less than 2% of the world’s total energy supply).
STARLINK GLOBAL INTERNET
Starlink is a space-based Internet communication system by SpaceX that could provide super-low-latency Internet access to users across the globe. SpaceX has already launched 60 of a planned 12,000 satellites into low Earth orbit.
Red Hat
IBM is making the third-largest technology sector acquisition ever by purchasing Red Hat for $34 billion. The race for cloud-related services is on!
ROBO-FINANCIAL ADVISORS
According to data from Statista, robo-advisors will assist human asset managers to manage R3.2 billion in South African assets by 2023. Robo-advisors are platform-based questionnaires that gather information and use mathematical rules and algorithms to build a good investment strategy, replacing the role of traditional financial advisors. Even though your investment will still be managed by human asset managers, a robo-advisor enables you to achieve higher returns due to annual fees being as low as 0.5%.
Less than 20% of the world’s medical data is available in a form that artificial intelligence (AI) machine learning algorithms can ingest and learn from, the World Health Organisation estimates.
In 2015, the global volume of data stood at 8 zettabytes (8 trillion gigabytes), an eightfold increase on 2010. By 2020, that volume is forecast to increase up to 40 times over.
A high proportion of mammograms yield false results, leading to one in two healthy women being told they have cancer. The use of AI is enabling the review and translation of a scan 30 times faster, with 99% accuracy, reducing the need for unnecessary biopsies.
LIGHT LIGHTYEARS CHEAPER
In 1800… it took six hours of labour to afford one hour’s worth of light by candle.
In 1880, 15 minutes of labour would allow you to burn a kerosene lamp.
In 1950, it was eight seconds of work for an incandescent bulb.
In 1994 a half-second for a compact fluorescent bulb.
Today one-fourth of a second.
An approximate 86,000-fold leap in affordability in two centuries.
