Chipotle precipitated a media flurry with their recent announcement that they will henceforth “cook only with non-GMO ingredients.” They go on to say “A GMO is created by inserting genes from one species (typically bacteria or a virus) into the DNA of another. This can result in a plant with characteristics that wouldn’t occur naturally, such as producing pesticides or the ability to withstand high doses of chemical herbicides.”
Is Chipotle’s menu now free of “GMO ingredients?” Even if we accept their indefensible definition of GMO (see below), the answer is no. Consider cheese, a significant player on the Chipotle menu. The vast majority of cheese (80-90%) produced in the US is manufactured with fermentation produced chymosin (FPC) derived from genetically engineered bacteria. The FPC remains in the finished product, invalidating even the Jesuitical distinction between “containing” and “made with.” Also consider their soft drinks. Most of them contain high fructose corn syrup derived
Even with the economic recovery, recent graduates have it rough. Unemployment among young people remains high and wages remain depressed. Frequently, graduates accept low-wage positions that do not utilize their degrees.
However, one group of recent graduates—those in STEM fields—has it easier than their peers. For these graduates with degrees in fields such as computer science and engineering, high-paying jobs are plentiful. Eighty-one percent of STEM grads hold jobs closely related to their degrees, compared to 72.5 percent among all graduates. Median starting salaries for computer science and engineering are estimated at around $67,300 and $64,400 respectively, 80 percent higher than starting salaries for humanities and liberal arts majors. Moreover, most sectors of today’s economy rely on STEM skills, so graduates have a plethora of career paths to choose from. In addition, compensation is high because companies face an acute shortage of qualified STEM workers.
Economics 101 tells us that the laws of supply and demand should fix this problem as high wages motivate more students to pursue computer and engineering degrees. Instead, exactly the opposite has occurred. We currently have fewer computer science graduates than we did
Each year, the Motion Picture Association of America (MPAA) hosts a large conference at the Newseum dedicated to highlighting what is new in creativity, content, and technology around the world. At the most recent confab, held on Friday, April 24, MPAA’s message focused on how creativity and innovation will play an even more integral role in the future than they do today. Indeed, the Creativity Conference is about exploring the critical intersection between technology and the arts, and their capacity to drive invention and economic growth across industries and regions. Bringing together leaders from the worlds of politics, media, business, and the arts, the Creativity Conference engages its audience in an open dialogue on the meaning of creativity, its economic impact across sectors, and the ways in which we can continue to protect and nurture American innovation and innovators.
At the conference, a group of leading, innovative women discussed the ways in which Hollywood and Washington, D.C. intersect. Rep. Rosa DeLauro (D – CT), Evan Ryan (Assistant Secretary of State for Educational and Cultural Affairs), Barbara Hall (Creator and Executive Producer, Madam Secretary) and Lori McCreary (President, Producers Guild of
For 50 years, Moore’s Law has served as a guide for technologists everywhere in the world, setting the pace for the semiconductor industry’s innovation cycle. Moore’s Law has made a tremendous impact not only on the electronics industry, but on our world and our everyday life. It led us from the infancy of the PC era, through the formative years of the internet, to the adolescence of smartphones. Now, with the rise of the Internet of Things, market researchers forecast that in the next 5 years, the number of connected devices per person will more than double, so even after 50 years we don’t see Moore’s Law slowing down.
As chipmakers work tirelessly to continue device scaling, they are encountering daunting technical and economic hurdles. Increasing complexity is driving the need for new materials and new device architectures. Enabling these innovations and the node-over-node success of Moore’s Law requires advancements in precision materials engineering, including precision films, materials removal, materials modification and interface engineering, supported by metrology and inspection.
Though scaling is getting harder, I am confident Moore’s Law will continue because equipment suppliers and chipmakers never cease to innovate.
PricewaterhouseCoopers recently released a report that attempts to provide a “holistic view” of the so-called sharing economy, including how it is unfolding “across both business and consumer landscapes.” While an exact definition of the “sharing economy” can be hard to pin down, it generally refers to the concept of using information technology to allow consumers to rent or borrow goods, especially those that are underutilized, rather than buy and own them. Undoubtedly, the sharing economy is an important and innovative approach to commerce, especially having given rise to wildly popular services such as Airbnb and Lyft. More broadly, the sharing economy can boost economic welfare by allowing the economy to more efficiently utilize goods and services.
Given all this, we certainly need thorough analysis of the sharing economy to fully grasp its potential. Yet PwC’s report errs badly in at least one important respect: It conflates unlawful sharing of digital media with legitimate peer-to-peer activities.
With regards to the challenges of the sharing economy in digital media, PwC writes:
“The ambiguity of the sharing economy is particularly evident in entertainment and media, where consumers are open to ‘sharing’