Where once disagreements concerned differing interpretations of liberalism’s demands or balancing liberalism’s conflicting goals of freedom and equality, now populist movements on both the left and the right are challenging the legitimacy of liberalism itself.
Heirs to an iconic fortune sought out a wealth manager who would assuage their progressive consciences. Now their dispute is exposing dynastic secrets.
For the first time, US scientists have achieved a fusion reaction with net energy gain. But the dream of limitless zero-carbon energy is still a long way from reality.
Video timeline: 00:00 – What powers the universe 01:04 – ITER: the biggest experiment in human history 04:28 – What is fusion? 06:38 – Replicating the sun 08:38 – The US breakthrough 13:46 – The investors 20:40 – A new class of magnet 24:30 – Dream or reality?
The FT’s Simon Mundy meets scientists and investors in the UK, France and US, to see how close we really are to commercial fusion power.
January 16, 2023 – Three essential articles read aloud from the latest issue of The Economist: the destructive new logic that threatens globalisation, how Brazil should deal with the bolsonarista insurrection (11:55) and a review of Prince Harry’s autobiography (16:45).
Generationally high inflation was the story of 2022. That’s not going to be the story of 2023. The boogeyman of disinflation—and even some deflation—is about to become the biggest risk to stocks, and investors are going to have to figure out how to position portfolios for falling prices.
Chat GPT is the world’s most powerful AI chatbot. It offers a human-like alternative to search engines and can do everything from compile a menu to writing a TV script to explaining quantum physics. Could it also transform the jobs of hundreds of millions of people?
0:15Solar powered car drives 1000kms – The Sunswift 7 weighs just 500kg. While an average car weighs between 1,500 and 2,000kg and boasts incredibly low rolling resistance due to its shape. A team at UNSW Sydney designed and built the car. Which completed 240 laps of a special test circuit. Equal to driving from Sydney to Melbourne, plus 100km.
1:323D printed bionic arms – Cure Bionics 3D-printed prosthetics are lightweight and muscle-controlled. They can be attached without surgical intervention and are charged wirelessly by solar power. The arms can be printed and ready within a week at the cost of just $3,000. Other providers can take months and charge up to $100,000. Cure Bionics’ arms are available for children with limb differences aged 8 and up. The low weight makes them easy for kids to operate. An immersive VR training programme helps patients learn to use their arms even before it’s made. Cure Bionics was founded in Tunisia, where the start-up has already launched a prototype. In spring 2023, it’s releasing a public version.
3:17 Geneva introduces driverless buses – 15 self-driving minibuses will be deployed in 2025. Providing an on-demand, door-to-door service, 24 hours a day. This pilot project will run for 1 year alongside similar schemes in Germany and Norway.
4:55Implants restore vision to blind people – The implants were given to 20 people by scientists at Sweden’s Linköping University and LinkoCare Life Sciences. 14 were blind and 6 were on the verge of losing their sight. After 2 years, none of them were blind.
Illustration by Ibrahim Rayintakath
Boomers Daily 