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The world is nowhere close to achieving — or even starting — the emissions cuts needed to keep the Paris Agreement's temperature targets within reach.
To get there, today's technologies, such as renewable energy sources and electric vehicles, will have to be deployed faster. But it will also take investment in tech that's close to being deployed at scale in some cases, but nowhere near it in others.
In other words, the glass on climate-saving tech looks half full if you squint right — but half full isn't enough.
The big picture:The technologies that cut carbon emissions from electricity, transportation, heavy industry and farming can be viewed on a spectrum.
On one end are established and increasingly mainstream systems like solar, wind, heat pumps and electric cars that are gaining market share.
The good news is that renewables are economically competitive now. Right now, EVs are typically more expensive than gas-powered cars. But battery costs are on a downward march, and many EVs are already cheaper than internal-combustion models on a lifetime fuel cost basis.
Then, in the middle, there's a wide swath of technologies that are well known but require varying degrees of advances on cost and scale , such as carbon capture, "green" hydrogen, long-duration battery storage and cleaner aviation fuels.Read more...
Nuclear power is making a comeback in the world of energy production.
After a period of pause, and as we face global energy shortages, nuclear energy is getting a surge in attention from tech billionaires who appear to want a piece of the nuclear pie.
The re-evaluation of the high safety standards of nuclear power, as well as its capacity to provide abundant low-carbon energy, have made it an attractive option for governments worldwide. This has resulted in a renewed interest in developing nuclear power plants across the globe, including countries like France and China that have been producing nuclear power for decades.
As we know, nuclear power offers abundant low-carbon energy—something that governments worldwide have been racing to develop to meet their climate pledges. As we face global energy shortages, in the wake of the Russian invasion of Ukraine and subsequent sanctions on Russian energy, political powers are realising the importance of becoming more self-sufficient in their energy production.Read more...
Dialpad this week announced the evolution of its "TrueCaaS" strategy, using the phrase "AI-Powered Customer Intelligence."
The company had been using TrueCaaS to describe its single cloud software stack that can deliver Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS).
One of the primary benefits of a converged platform is having a single data lake with which to perform analytics to make business decisions. Most communications vendors offer UCaaS or CCaaS and then partner for the other capability. Dialpad is one of the few that has built a single, cloud native stack to deliver both.
To date, the goal of TrueCaaS has been to enable customers to create better workflows between customer service via the contact center and employee facing communications using meeting, messaging, and other collaboration tools. Now that it has this back end built, it is now applying artificial intelligence to create new capabilities.
"We're making a brand narrative shift," said Finch. "Rather than being a TrueCaaS company or an AI company or a UCaaS company or multiple facets of that, we want to deliver an AI-powered customer intelligence platform. “It is the overarching element that encompasses all the products (contact center, unified communications, voice/video meetings, messaging, and more) across our existing TrueCaas platform.”Read more...
Yesterday, they found out about a whole new scandal at FTX: Samuel has been funding The Block over the last year.
The Block is a crypto media company that covers how to make money in cryptocurrency, and they have around 20 million monthly readers. They're not just any other crypto company—they're like our competitors!
So here's what happened: Samuel secretly gave 3 loans for $43m to Mike McCaffrey (the CEO) and used them to buy out The Block ($12M), fund day-to-day operations ($15M), and buy real estate in the Bahamas ($16M).Yup, another f*cking apartment in the Bahamas.
In case you missed it, this is a big deal. Not only did Samuel steal billions from FTX customers while they were busy working on their next big project, but he also bribed the CEO of The Block with $43m so that he could become king of his own little empire. But it gets worse…
The Block's CRO Bobby Moran confessed to Mike about Samuel's plan right before Thanksgiving. But 99% of the company found out about it yesterday for the first time. Mike has resigned as CEO and will step down from the board effective today; FTX has appointed Bobby Moran as its new CEO.
Another domino down. And unfortunately, it won’t be the last. Alameda’s leaked investment portfolio revealed investments in other crypto media companies like Semafor and BlockBeats. Tsk tsk tsk.Read more...
Outdefine is the first token-backed hiring marketplace for web3 talent.
The company has raised $2.5 million in a round led by TCG Crypto and Jump Crypto, along with Big Brain Holdings, Formless Capital, Blocore, and Mask Eco Fund.
The San Fransisco-based startup was inspired by the events of the pandemic, when many workers switched from corporate offices to home offices. A good number of those who went remote have not returned to the office since that time.
Incidentally, that was also about the time adoption of web3 technology sped up—peaking in 2021 and early 2022. Artists and brands seeking alternative ways helped with onboarding users to web3 marketplaces. Non-fungible tokens (NFTs) have since become an alternative source of revenue for many brands. Subsequently, demand for skilled web3 talent has gone up—but Outdefine argues that most job opportunities on offer still come with “gatekeepers” who often take a cut as high as 50% of salary paid to web3 talent.
Its token-backed hiring marketplace is built on Solana blockchain platform, a Layer 1 blockchain that uses proof-of-stake mechanisms to execute transactions. The marketplace gives web3 talent a platform to negotiate the scope and compensation of their work, which is paid for in tokens. They can also boost their income by referring new users to the Outdefine marketplace to receive the platform’s native token as a reward.Read more...
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