Why winning the French presidential election could be a poisoned chalice – The Conversation UK

The four main candidates.

The 2017 presidential election wont be the first time the French have looked out across the political landscape and seen a fractured field. In 2002, there were no fewer than 16 candidates standing in the first round of the presidential election. Back then, the field was so fractured that the Socialist prime minister Lionel Jospin was eliminated from the contest. Voters were then left with a choice between the sitting, right-wing president, Jacques Chirac, and Jean-Marie Le Pen of the far right Front National (FN).

Of course, Chirac proceeded to crush Le Pen, 82% to 18%, in the run-off. In the process, he forced the three competing parties of the right and centre right into an electoral alliance, then a single party, the UMP, which later became the Republicans.

The 2002 election is regarded as a turning point in the political history of the Fifth Republic (the regime created by Charles de Gaulle in 1958). Not only was the outcome unexpected, but it was the first in which the president was elected for a new five-year term (reduced from seven) shortly before elections to the lower house, the National Assembly.

Initially, this was a simple coincidence of the electoral calendar but it now means the French are summoned, barely a month after electing a new president, to provide him or her with a majority in the assembly. One entirely predictable consequence of this has been the relegation of national assembly elections to almost secondary status and high rates of abstention among those who didnt vote for the new head of state.

Its worth knowing this detail, because while the main focus currently is on the 2017 presidential candidates and their programmes, rallies and public utterances, and the who was paying whom and for what, behind the scenes there are also feverish negotiations going on over who will stand in the 577 constituencies in Junes assembly election. In a system where political parties are weak and prone to fragmentation, the value of the support of a potentially victorious presidential candidate is a powerful lever.

By the same token, experience suggests that defeated presidential candidates do not make good rallying points for their parties when the parliamentary vote rolls around. Even Marine Le Pen could only turn her 17% of the vote in the 2012 presidential election into two seats in the assembly neither of them for her. Le Pens success between then and now has come through the intervening local and European elections and these have been as much about rejecting Hollandisme as they are an endorsement of her.

So far, there are five main presidential candidates in the 2017 race. They are, from left to right, Jean-Luc Mlenchon (heading a movement called La France insoumise), Benot Hamon (for the Socialists), Emmanuel Macron (who has established his own movement called En Marche!), Franois Fillon (for the Republicans), and Le Pen (for the Front National/Rassemblement Bleu Marine).

The ecologist Yannick Jadot may or may not run. Last week, his electors authorised him to negotiate a joint platform with Hamon and Mlenchon, which would, in due course, also cover the matter of an alliance for the general election. Hamon is receptive, but Mlenchon is not and, to be honest, never has been. Mlenchon left the Socialists in 2008, objecting to its drift towards social democracy. His singular goal, ever since, has been to destroy the party and recreate a new left under his leadership.

The Socialist party is straining to hold itself together. Party secretary Jean-Christophe Cambadlis has warned that anyone defecting to support Macron in the election will be expelled, and thus forfeit support if they plan to stand in the general election. Those with a strong local power base will see that as a risk they can take in the interests of backing a candidate more likely to win but not all will.

The Socialist position might change, of course, if Macron is elected to the Elyse and Hamon does not get a creditable score (at least 16%) in the first round. Even though he is the party candidate, he is not its leader and if Macron made the right noises, a broad centre and left electoral alliance is not out of the question.

Another possibility would be a simple form of what is known as dsistement rpublicain, whereby the parties of the left (though not Mlenchon) and Macronistes agree to stand down for whichever of them is better placed in a particular constituency. The circle that Macron has to square is that while he might get elected by himself, he cannot govern alone and no-one can predict how his pop-up party will fare amid the rough and tumble of a general election campaign.

To Macrons right, the Republican party has flipped around completely. One of the explanations for Fillons unexpected victory in the primary was that he paid attention to the partys grassroots. While Nicolas Sarkozy controlled the hierarchy, his former PM focused on getting out into the provinces and holding small-scale meetings with the the rank and file. But it is precisely here that unease is strongest now.

While Fillon has announced his determination to fight on, even if the formal investigation into his financial conduct continues, and the partys heavyweights have voiced solidarity, there is real concern in the constituencies that Fillon will not deliver the alternance (a change of majority) they expect and demand. For the Gaullist core of a movement that sees itself as the natural party of government, the prospect of five more years out of power is almost unbearable. If Fillon is eliminated, who will pick up the pieces? The failure to answer that question adequately after Sarkozys defeat in 2012 is just one of the reasons for Le Pens rise and rise.

And yet, while the Front National can make a pretty strong claim to be le premier parti de France, its position is not as strong as it might be. Despite winning 25% of the national vote in the European elections of 2014, the same in departmental elections, and 28% in the regionals in late 2015, the FN remains a leadership without much structure, few candidates and desperately short of funds. The party has more local councillors than ever before, but membership remains low. The FN is being very coy about just how many candidates it thinks it can field.

It is almost impossible to imagine a president elected without a majority in the assembly. Its just as hard to imagine any other party being willing to join the FN in a coalition.

While a Le Pen victory in May might fit the Brexit/Trump zeitgeist, Le Pen might actually be better off losing the 2017 election. She could spend five years building a parliamentary base, which also comes with state funding on a per seat basis, and mount a challenge in 2022. If she makes the run-off and then fails to take 40% of the votes, on the other hand, its perfectly possible that shell be booted out as leader of her party.

However it turns out, the election to the fourth five-year presidential term risks pushing France ever deeper into an institutional turmoil than its instigators could never have imagined when they stood on the cusp of the Fifth-and-a-half Republic back in 2002. It was all supposed to be so simple.

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Why winning the French presidential election could be a poisoned chalice - The Conversation UK

The difference between Malcolm Turnbull and Justin Trudeau – The Australian Financial Review

Malcolm Turnbull and Francois-Philippe Champagne at the opening of the Australia-Canada Economic Leadership Forum.

Prime Minister Malcolm Turnbull's address to the Australia-Canada Economic Leadership Forum was typically enthusiastic about how much the two countries have in common and how well they can co-operate in promoting open economies and increased trade.

He can only wonder quietly at the difference in their governments' political fortunes. Canadian Prime Minister Justin Trudeau has managed to extend his political honeymoon while Australian voters are already contemplating a quickie divorce from the Coalition.

Trudeau unexpectedly won government in November 2015, a couple of months after Turnbull surprised Tony Abbott with a successful challenge. Trudeau also leads the Liberal Party, although in Canada that translates into a centre-left rather than a centre-right coalition.

Yet despite Turnbull's reference to coming from different sides of the political spectrum, both men represented a return to the centre from what was regarded as the hard right under Tony Abbott and former Conservative prime minister Stephen Harper.

Both men were seen as progressive, socially liberal leaders with pro-trade and pro-immigration credentials and softer edges, including on climate change. They attracted voters wanting change for the better and a more positive, optimistic agenda. Trudeau exudes rock star appeal in an environment made for celebrity style. Even in cynical Australia there was a brief sense of political euphoria that there would be a coming together of the country under the personable, popular Turnbull.

Yet that's where the similarities start to weaken. Despite the same loss of manufacturing jobs, sluggish growth, growing deficits and a resource-based economy, Trudeau remains popular if with a few more dints on his shiny image. He has managed to deliver agreement with the states on some contentious issues including energy policy. And Canada can't help but show a little smugness about its ability to espouse the virtues of immigration, trade and openness without attracting much domestic blowback. The upsurge in populism has a different hue in Canada.

In Australia, the Turnbull gloss tarnished more quickly, and well ahead of the resurgence of One Nation's Pauline Hanson.

In part that is because of the government's difficulties in the Senate due to the power of wayward crossbenchers combined with the opportunism of Labor. Still, Turnbull's problem goes deeper.

It is also because he has been mostly unable to articulate his own beliefs and clear policies in a way that sounds persuasive to voters. That compounds the image of drift, with disappointed Australian voters confused about what their Prime Minister stands for. He is left looking dangerously like a man without a mission.

And the weaker his position in the polls, the weaker his position in a party riven by the open antagonism between conservatives like Abbott and the more liberal positions traditionally taken by Turnbull.

Add in a Labor party that has moved further to the left on economic and social issues, including on free trade, and that votes against all significant government bills as a matter of course. While Labor and Bill Shorten may not be popular, they are able to keep the focus on the government's lack of momentum rather than their own.

The embers of protectionism, anti-immigration and anti-politics as usual are being stoked into a decent-sized fire as evidenced by the renewed popularity of One Nation, tapping into a vein of sentiment similar to that driving Donald Trump. Australia's system of proportional representation in the Senate means an ability to constant leverage a minority vote.

Trudeau has no such problem given Canada has an appointed upper house with no real power. The two opposition parties, left and right, are still voting for their new leaders, meaning there is no alternative leader criticising government.

Trudeau also has a much clearer policy definition, including his willingness to go into deficit spending and negotiating with the states for a national carbon tax. The question is whether Trudeau's ability to keep campaign promises will protect him or whether he too will eventually share in the fallout from the lack of faith in major parties.

The costs of Trudeau's energy policy have yet to bite politically, for example, although rising electricity bills have started to stir community resistance. The impact of a national carbon tax with sharply increasing rates over the next few years at the same time US energy policy is heading in the opposite direction under Trump risks turning that into a blunt political weapon for the conservative party. That would be especially potent if business investment flees south of the border attracted by lower US energy costs and business taxes.

The timing of that reality check in Canada may be delayed but the dilemma seems inevitable.

In the wake of the South Australian blackouts and growing business concern, Turnbull is now attacking the Labor party over its rush to renewable energy without paying enough attention to cost or security of supply. Yet this issue hardly rated a mention in the election campaign, with Turnbull deciding not to fight on it given the popular appeal of renewable energy and his own previous strong support for carbon pricing.

The implication of Trump's lower corporate tax policies will also reach deep into both countries' competitiveness given their relatively high tax rates. Turnbull's reluctance a year ago to take on comprehensive tax reform means he is left arguing for corporate tax cuts over a decade while voters complain about unfairness right now. So far, Trudeau's key measure has been to raise taxes on the highest income earners to symbolically help fund a tax cut for the middle class. That's unlikely to be sufficient ahead of the next election.

But right now, despite Canada and Australia having so much in common, it's the difference in the domestic political balance that is most striking. Trudeau should hope any greater convergence remains limited.

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The difference between Malcolm Turnbull and Justin Trudeau - The Australian Financial Review

GM, Steelcase see a web of opportunity in the circular economy – GreenBiz

Slashing corporate waste and upping investment in reuse is a big market opening and one that could unlock new supply chain value and job opportunities at companies that can get out ahead.

At furniture designer and manufacturer Steelcase, for example, designing for the circular economy is increasingly seen as an "entrepreneurial gig." All told, the company sees potential to double the value of the $3 billion business, said Director of Global Sustainability Angela Nahikian.

"This could double the size of our company," Nahikian said late last week at the GreenBiz 17 conference in Phoenix, Arizona. "Each of these opportunities has to be stitched together with competencies that we already have and investments that need to be made."

To date, she said Steelcase is focused on inventorying existing capabilities and pinpointing gaps. While sustainability is important, Nahikian said the company also recognized an opportunity to create products that can change, grow or shrink with evolving corporate needs.

For us, sustainability has been a really good trip, but its going to get more exciting from here. Circular economy is a manifestation of our purpose.

Circular goods can be re-purposed or taken apart at end of life, then used for materials to make new products a design challenge that involves a deep knowledge of chemistry and detailed life cycle assessments. Steelcase also already sells cradle-to-cradle certified products, which means these chairs and stools are assessed for the ability to be safely taken apart and recirculated into the economy.

"For us, sustainability has been a really good trip, but its going to get more exciting from here," she said. "Circular economy is a manifestation of our purpose."

Nailing new models on the first try also isn't easy when a company has a 100-year history and operations in the Americas, Europe, the Middle East, Africa and Asian Pacific countries.

The journey has taken seven years so far for Steelcase. Dan Dicks, global director of end-of-use services, said that gradually building momentum towards circularity has been an advantage, as it didnt require immense up-front investment.

"Because of the research and development that we had to do, we couldnt have compressed it," Dicks said at the conference last week in Phoenix. "Its not a big financial investment were asking for, but proof points allow us to ask for resources incrementally. That allows us the right runway."

Steelcases journey towards the circular economy stimulates change without abruptly disrupting the business or taking large financial risks. It has also allowed Nahikian to build relationships within the company and plan for its growth.

Nahikian advises businesses interested in evolving circular products to cultivate patience, tenacity, resilience and agility.

"Its a migration strategy," she said. "The business [Dicks] is building has to involve each of the subsequent businesses we add, like subscriptions and manufacturing. That means something different for scaling."

Nahikian advises businesses interested in evolving circular products to cultivate patience, tenacity, resilience and agility.

"Know your treasury organization, know your strategy organization. Spend the time up front and really think it through," she said. "Now is the time we start quick-stepping."

Developing internal and external advocates is a must, too, Dicks said.

For General Motors, finding advocates for the circular economy means weaving a mutually beneficial "supply chain web" among organizations. For John Bradburn, GM's global manager of waste reduction, the pursuit amplifies value and creates opportunities to help society the very challenges that businesses exist to solve.

"A supply chain is only as strong as its weakest link," Bradburn said at the GreenBiz 17 conference. "Waste is just a resource out of place."

He described the circular supply chain web that allows recycledplastic to circulate among Detroit-based businesses GM, William T. Burnett & Co. and Filtration Services Group. The companies are working together to turn plastic bottles sourced from Flint, Michigan into fleece, car parts, air filters for businesses and even insulated coats for the homeless.

Michigan businesses are working together to turn recycled plastic bottles sourced from Flint, Michigan into fleece, car parts, air filters for businesses and even insulated coats for the homeless.

The supply web organized by Bradburn who has been nicknamed the "MacGyver" of the circular economy sends the recycled bottles to Unifi in North Carolina, which produces dense plastic flake that can be used in textiles and yarns.

The flake is later sent to William T. Burnett & Co., a foam and non-woven materials manufacturer, where it is turned into fleece. A few steps along the web, the fleece is die-cut and sent to Filtration Services Group, where it is manufactured into HVAC filters that are sold to GMs manufacturing facilities.

"If a bottle made in Flint goes to a recycling plant and sent overseas, then goes back into our economy and sold to us we lose value and harm communities," said Bradburn, who was born in Flint. "This is about American jobs."

Filtration Services Groupcollaborates with St. Luke N.E.W. Life center, an organization that provides life skills and job training, to employ formerly homeless employees to sew the filters. In the process, insulation created by M.T. Burnett & Co. is sewn into jackets for the homeless. According to Dean Weston,Filtration Services Group's president, 20 women are at work making these coats while receiving job training.

For GM, the main obstacle in linking this chain was overcoming the low prices offered in Asian plastic recycling centers.

"Even in the U.S., coming from Detroit to North Carolina, flake is expensive," said Bradburn. "Going to Asia cuts our costs by half."

Sabrina Kilmer, global specialty account manager at William T. Burnett Co., said that there were hidden savings in the circular web that werent immediately obvious.

"Finding use for fiber scraps as insulation means that scraps dont have to go to the landfill, which saves money," she said. "Its a lighter part for GM, which means it is fuel efficient and creates better ratings. Its cost-effective in the end."

You have to take care of your suppliers when they go out on a limb for you, or when youre competing with other fabrics coming in overseas.

Building supplier relationships is a strategy aspect, borrowed from biomimicry, that is integral to the circular economy web.

"You have to take care of your suppliers when they go out on a limb for you, or when youre competing with other fabrics coming in overseas," said Bradburn. Learning how to use recycled fabrics in an environmentally conscious way and repurpose extra fabric is a skill that pays off; other companies "will now come to Sabrina [at W.T. Burnett & Co.] and want her to do it for them."

If supply webs are dynamic and interconnected, the circular economy can help solve many social and economic issues at once, including business resilience.

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GM, Steelcase see a web of opportunity in the circular economy - GreenBiz

The sputtering energy economy: Can it be revved up? – Meridian Star

Not that long ago, energy was forecast as a cornerstone of Mississippis economy.

In his first state-of-the-state speech, newly elected Gov. Phil Bryant called the state a leader in the energy economy.

From nuclear plants to gas pipelines, our energy economy will drive Mississippis economic growth into the 21st century, he said in January 2012.

Gov. Bryant continued: To enhance and grow our energy economy, we should look no further than our own Gulf of Mexico. We are proceeding on a thoughtful, steady course for off-shore energy recovery in a limited area primarily southeast of Mississippis Barrier Islands. This recovery effort could produce 350 billion cubic feet of natural gas to help fuel America and Mississippis economy.

Five years later, those plans have lost considerable steam. After a boom in natural gas drilling, oil and gas prices plummeted, grinding fossil fuel production in Mississippi and nationwide to considerably lower rates. Even though the energy sector represents a relatively small portion of the states overall economy, in these anemic fiscal times, this reduction in revenue has had far-reaching effects.

I think the downturn in drilling and exploration has had more of an impact on our overall economy than some of us, particularly (the Revenue Estimating Group, the five top financial officials in the state who make budget recommendations to the Legislature), anticipated, Lt. Gov. Tate Reeves Reeves told Mississippi Today in June.

There is some good news, though. Lisa Ivshin, executive director of the Mississippi Oil and Gas Board, in January said oil and gas prices could start improving by 2018.

State Economist Darrin Webb also foresees a slow uptick in oil prices. According to a recent economic briefing he gave the Joint Legislative Budget Committee, oil is not expected to reach $100 per barrel until 2024-2025, but the states rig count has surged 76 percent since May, suggesting a sharp rebound in energy sector investment.

As the governor and other state officials confront capital challenges during the 2017 legislative session, central questions arise: How did predictions of a robust energy economy go wrong, and are things finally looking up for the states energy plans?

CRUNCHING THE NUMBERS

Before Mississippis energy economy went awry, the sector was valuable to the states overall well-being.

Oil and gas severance taxes, which produce revenues based on the value of oil, natural gas and other raw materials produced, normally make up a little more than one percent of general fund revenue the Mississippi Department of Revenue collects year after year. (A portion of oil and gas revenues also goes to Mississippi counties.)

In fiscal year 2016, oil and gas revenues from this tax totaled $26.5 million.

Energy production has additional benefits, such as revenue collected from employment-related taxes, income taxes, consumption taxes and sales taxes. (This excludes the wages of energy sector workers who live in Mississippi but work at plants and refineries in Louisiana, Texas and Oklahoma.)

In 2015, the energy sector accounted for $6.7 billion of the states $105.8 billion gross domestic product, according to a study by the National Strategic Planning and Analysis Research Center, a research unit of Mississippi State University.

The energy sector in 2015 also provided a total of 59,734 jobs in Mississippi, the study states.

However, in the past several years state officials have had difficulty forecasting exactly how much money oil and gas revenues would bring in, often guessing too high.

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If officials estimate too high and oil and gas revenues dont match those estimates, this could negatively impact services paid for with the states general fund.

Back in fiscal year 2011, oil revenues were doing well coming in about 35 percent higher than expected at $67.4 million, even though gas revenues came up about 11 percent short at $13.3 million compared to the states $15 million estimate.

In fiscal year 2016, oil and gas revenues both produced significantly lower revenues than expected, resulting in a $45.3 million difference between estimated revenue and actual revenue. According to the Mississippi Department of Revenue, oil revenues were $23 million, more than 64 percent lower than the estimate. Gas revenues in fiscal year 2016 were $3.5 million, more than 50 percent lower than estimated.

Patrick Sullivan, president of the Mississippi Energy Institute, a nonprofit policy group focused on energy-related economic development in Mississippi, said the Legislature had to make mid-year budget cuts in fiscal year 2016 partly due to lagging estimates for the oil and gas severance taxes.

They had accounted for a decline, but apparently they didnt estimate one that was big enough, Sullivan said.

For the first six months of fiscal year 2017, oil and gas revenues again are below estimated amounts.

Part of a national trend

The states energy economy reflects a broader trend taking place from the shale plays of Pennsylvania to the oil fields of Texas.

Advances in oil and natural gas production technologies such as horizontal drilling and hydraulic fracturing led to the so-called shale revolution that has significantly increased production of oil and natural gas in the United States.

According to a report by the Robert S. Strauss Center for International Security and Law, a research center at the University of Texas at Austin, this correlated with a rise in employment, with the oil and gas industry adding 169,000 jobs between 2010 and 2012.

In 2013, Gov. Bryant approved legislation that reduced the states tax rate for oil and natural gas companies that use horizontal drilling as part of his Energy Works: Mississippis Energy Roadmap plan aimed at strengthening the states pro-business environment.

While this method of drilling boosted jobs across the country, it was also steeped in controversy surrounding health and safety risks.

Hydraulic fracturing, or fracking, uses huge amounts of water that must be transported to fracking sites. Environmentalists say potentially carcinogenic chemicals used in the process may escape and contaminate groundwater around the fracking site. The industry suggests pollution incidents are the results of bad practice, rather than an inherently risky technique. The Environmental Protection Agency released a report in December that suggests that hydraulic fracturing does have the potential to affect drinking water resources in the U.S.

Then, in 2014, crude oil prices fell sharply from around $112 per barrel to about $62 per barrel as global production exceeded demand , according to the U.S. Energy Information Administration.

The downturn in the price of oil, and consequently oil production, hurt states that depend heavily on oil and gas revenues, such as Wyoming, Oklahoma, Louisiana and Texas.

Although Mississippi isnt a major player in oil and gas, the budget felt the pinch of the price drop, nonetheless.

Mississippi is seeing a decline of revenues in this area, and it hurt when we saw they had to cut budgets last year, Sullivan said. But in comparison, its not as bad as states that are larger producing states far more dependent on those revenue sources.

State economist Darrin Webb

Webb said the state always strives to be as accurate as possible with its estimates, but large swings in energy prices over the past few years have contributed to the volatility in tax collections.

We have been very conservative in our sales tax estimate and yet revenues have been below our estimate, Webb said. I believe the layoffs and pay cuts in the oil industry have limited sales tax collections.

But Webb said he sees oil prices are gradually rising.

I think oil prices dropped below $30 per barrel sometime early last year, and they are now over $50, Webb said. The gains are coming from both reduced supply and increased demand.

This is partly due to the Organization of Petroleum Exporting Countries, or OPEC, in November announcing that the cartel would reduce oil production.

Webb said oil prices will rise as the world economy strengthens, but likely with a gradual increase rather than a sharp spike. The state can expect to dole out more accurate forecasts for oil and gas severance as prices stabilize, Webb said.

Then, as oil prices see more improvement, Webb said, surely some energy projects being developed for Mississippi should kick into gear again.

ENERGYS FUTURE FRONTIERS

Though oil and natural gas prices are gradually ticking upward, some experts are looking to new and emerging technologies to shore up the sagging energy economy.

The Kemper County Energy Facility is currently scheduled for completion by Feb. 28. Mississippi Power officials have said the facility, once it is operating on nearby lignite, would protect its customers from price spikes in fuel sources such as coal or natural gas.

Plus, electricity will pump from the Grand Gulf Nuclear Station for at least two more decades, since the plant in December had its operating license renewed through Nov. 1, 2044.

The future of renewables in the state is good, some industry experts say.

Mississippi is getting closer to producing hydropower for the first time. Four dams on Arkabutla, Sardis, Enid and Grenada Lakes will be retrofitted in the next two to three years to produce enough power for more than 15,000 homes annually. Project construction is expected to kick off between 2017 and 2018, while the hydropower portion of the dams is expected to come on line between 2018 and 2019.

Then theres the proposed electricity transmission line called the Southern Cross Transmission Project. If approved by Mississippi regulators, construction is expected to start in 2018, with plans of delivering power to the Deep South in 2021.

Louie Miller, state director of the Sierra Clubs Mississippi Chapter, said he expects to see more promotion of the Mississippi Public Service Commissions net metering rule, a system that allows ratepayers to offset the cost of power by using solar panels, then selling any surplus power generated back to the power grid.

This is groundbreaking-type stuff that weve been working on for a number of years, Miller said.

Chairman Brandon Presley said the Mississippi Public Service Commission is working on requiring annual resource-planning reports from utility companies that he hopes will kick off this year.

This annual requirement would encourage utilities to examine which resources would best fit their customers needs, rather than a piecemeal approach, Presley said.

Ive been arguing for this for years, so I hope by the spring of 2017 we can roll out true, annual resource planning by each electric company that has commission and staff input so that we can be doing appropriate planning to keep rates low and to take advantage of resources that are out there, Presley said.

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The sputtering energy economy: Can it be revved up? - Meridian Star

Automation must be embraced by government: Data61 – ZDNet

The world is going through what some people term the fourth industrial revolution, according to Data61 CEO Adrian Turner, led by the rise of automation and an increasingly connected world that relies on devices.

But rather than fearing the change brought about by automation in the workplace, Turner said Australian businesses and governments should focus on creating new jobs that embrace and adapt to these changes.

Speaking at the first day of the Garner 2017 APAC Data & Analytics Summit in Sydney on Monday, Turner said that although 40 percent of jobs won't exist in 15 years because of automation, this 40 percent will roll into new industries. As such, Australian businesses and the federal government should work together to make sure the nation is well prepared.

"The future is not certain and not known, and we have an opportunity to create it en lieu," Turner said. "We've got all the smarts, we got a sense of where it's all going, we have a tremendous opportunity to step up and create new industries that will create new jobs; there's no reason why we shouldn't do it."

Australia actually has a massive advantage over other western economies in implementing these changes through government, according to Turner, because of the nation's relatively small government, the size of its economy, and the quality of the universities.

"We think that Australia is in prime position to lead a whole bunch of new industries. If you think about trying to do some of these things in a market like the US or the EU, it's much more fragmented, it's harder to get everything lined up, whereas in Australia we can."

Turner particularly stressed "underemployment and not unemployment", and said that Australia should look to adapt to changes straight away in areas such as education.

"The reality is the education sector is changing. The challenge is that the market context is changing so quickly that in a four-year degree cycle, you have to think differently about how you teach. We need to do a better job of contextualising why technology matters for graduates and for kids," he said.

"In Israel, they teach kids from 14 years old cybersecurity and the fundamentals of cybersecurity; we don't right now. The government has a role to make sure there's a safety net for us as an economy to help transition."

Companies are adopting new technologies, automation, and data collection methods at an impressive rate, according to Turner, and not only because of operational efficiencies, but also because of the multiple types of natural bias that humans have that can affect the interpretation of data.

As a result, the increasing move towards automation is affecting industries that had previously never been thought of as being susceptible. For example, he said in law, through the application of machine learning and analytics, computers can understand any piece of regulation and break it down into machine-readable objects.

There will, however, be a counterbalance, Turner said, where more opportunities are created because of automation in areas such as in and around the arts, cultural activities, content production, precision medicine, and trading, as well as entertainment. Turner pointed to the US, where in the national security industry, data analysts are looking for a wide range of professionals to derive insight from data -- even artists and philosophers.

He pointed to the belief of Toby Walsh, professor of artificial intelligence at the University of New South Wales and Data61, who said that as well as being technically literate, creative thinkers will be fundamental for a systems-thinking point of view and knowing what questions to ask computer systems.

"It's not about this technology replacing jobs, but shifting the nature of jobs. New jobs will be created, make no mistake. It'll be jobs that require a lot of dexterity."

Turner also stressed that some industries will be less affected because there are certain types of jobs that systems and machines will have a hard time replicating. Even a simple manual job such as folding a towel, for example, will always take longer for a robot than for a human.

Australia now needs to recognise those areas where the technology can really make a difference, according to Turner, and past the obvious structural changes that are now necessary because of technology.

"If we take a step back and break it all down, there's actually enormous opportunities for new industries. The world's moving, the models are shifting, we're moving to more rapidly iterate more careers within our career. We shouldn't fear this change, we should embrace it. We should work with the technology.

"What we're moving to -- at a country level, a corporate level, an individual level -- it's really the survival of the digital fittest."

Last year, Gartner predicted virtual personal assistants to become the front-line interface between government and citizens, while government agencies will shift to autonomous business processes and business intelligence capabilities to help humans make better decisions based on context in real time.

"What you'll see as these machines become smarter, more data is fed into them, more real-world experience is extrapolated from them, what you'll see is fewer humans interacting with transactions," said Rick Howard, research vice president at Gartner.

Government CIOs must also adopt threat-aware, risk-based approaches that allow governments to make informed decisions about risks, according to the company, and those that are too slow to adopt technology innovations will increase business risk and cost, while compromising the mission of their organisations.

Gartner predicted worldwide government spending on technology products and services to reach $476.1 billion by 2020.

"By 2020, 30 percent of the transactions we engage in today will no longer exist," Howard said. "The focus is now on effectiveness and outcomes, and the contribution that technology makes to the operations of government."

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Automation must be embraced by government: Data61 - ZDNet

Bill Gates Calls for Robot Tax to Offset Jobs Lost to Automation – Breitbart News

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Certainly there will be taxes that relate to automation. Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed and you get income tax, social security tax, all those things, declared Gates. If a robot comes in to do the same thing, youd think that wed tax the robot at a similar level.

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There are many ways to take that extra productivity and generate more taxes. Exactly how youd do it, measure it, you know, its interesting for people to start talking about now, he continued. Some of it can come on the profits that are generated by the labor-saving efficiency there. Some of it can come directly in some type of robot tax. I dont think the robot companies are going to be outraged that there might be a tax. Its OK.

Gates added that you ought to be willing to raise the tax level and even slow down the speed of that adoption somewhat to figure out, OK, what about the communities where this has a particularly big impact? Which transition programs have worked and what type of funding do those require?'

You cross the threshold of job-replacement of certain activities all sort of at once, Gates concluded. So, you know, warehouse work, driving, room cleanup, theres quite a few things that are meaningful job categories that, certainly in the next 20 years, being thoughtful about that extra supply is a net benefit. Its important to have the policies to go with that.

Billionaire and entrepreneur Mark Cuban also claimed robots are going to cause unemployment, posting, Automation is going to cause unemployment and we need to prepare for it, to Twitter on Sunday.

Last week, Tesla and SpaceX founder Elon Musk warned that deep A.I. could potentially be dangerous to the human race, who he described as already part-cyborg.

One of the most troubling questions is artificial intelligence. I dont mean narrow A.I deep artificial intelligence, where you can have AI which is much smarter than the smartest human on earth, proclaimed Musk during the World Government Summit in Dubai. This is a dangerous situation.

Pay close attention to the development of artificial intelligence, he continued. Make sure researchers dont get carried away. Scientists get so engrossed in their work they dont realize what they are doing.

In November, Musk also predicted that automated robots would lead to mass unemployment, which he claimed could eventually create a universal wage from the government.

Charlie Nash is a reporterforBreitbart Tech. You can follow himon Twitter@MrNashingtonorlike his page at Facebook.

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Bill Gates Calls for Robot Tax to Offset Jobs Lost to Automation - Breitbart News

Huge growth opportunity for tech industry in Oakland County, says … – The Oakland Press

One of Michigans largest technology and manufacturing business associations foresees a growth in the tech industry in Oakland County.

The 2017 Technology Industry Report, completed by Troy-based Automation Alley, is a nationwide survey of nearly 400 senior technology and manufacturing executives to determine their knowledge of Industry 4.0, and whether they are ready for the digitization of manufacturing within their company.

Industry 4.0, also known as the fourth industrial revolution, refers to the convergence of digital and physical technologies currently disrupting the manufacturing industry,

We believe that there is a huge opportunity for the technology industry to grow, both in Oakland County and across Southeast Michigan, said Automation Alley Executive Director Tom Kelly.

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(This can be done) by providing their products and services to the manufacturing industry, because the manufacturing industry is planning to spend a lot of money on new technological advancements.

According to the 2017 report, the top three technologies in which companies currently invest are the cloud, cybersecurity and big data/analytics.

Kelly said when it comes to Southeast Michigan and Oakland County, the majority of tech businesses plan to invest in one particular area.

Regionally, we found that manufacturers plan to invest in autonomous robots, said Kelly.

RELATED: Uber opening driverless vehicle research and tech center in Wixom

RELATED: County Executive L. Brooks Patterson says county premier location for advanced vehicle technology

The report highlights where communication gaps exist between technology and manufacturing executives, the lack of company resources dedicated to technological advancements and how Southeast Michigan is ahead of the curve when it comes to the development and adoption of Industry 4.0 technologies.

Kelly said, based on the report, that national manufacturers are not prepared for Industry 4.0,

They see the benefits of technological advancement, but they face many obstacles to adopting new technology, said Kelly. What did surprise us about the report was that the local manufacturing industry is more prepared for Industry 4.0 than their national counterparts.

Locally, within Southeast Michigan and Oakland County, the Industrial Internet of Things and simulation (42 percent of those surveyed), followed by autonomous robots, horizontal and vertical system integration, and the cloud (all at 33 percent of those surveyed) are a top priority for Automation Alley manufacturers

85 percent expect an increase in their companys budget for technological advancement in 2017 (nearly a third of them plan to increase their budgets by 10 percent to 15 percent)

88 percent believe technological advancements can be beneficial to their companys competitiveness

62 percent believe that technologies in the cloud will improve their companys competitiveness in 2017

54 percent said the biggest barrier in making technological advancement in their company is cost

76.7 percent said Industry 4.0 is currently not an initiative within their company

65 percent said Industry 4.0 will have very much, quite a bit or some impact on their company in 2017

Automation Alley publishes the Technology Industry Report to provide the technology business community with valuable insights into the future of the tech industry, both locally and nationally.

The organization helps to connect businesses with talent, resources and funding to accelerate innovation and fuel Southeast Michigans economy.

The non-profit includes nearly 1,000 tech-focused members in businesses in Southeast Michigan.

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Huge growth opportunity for tech industry in Oakland County, says ... - The Oakland Press

Robots Visit NY Toy Fair While Adults Worry About Automation … – Inverse

The future of automated industries may be playing out in a New York toy fair. As adults worry about whether people will need a basic income to supplement lost earnings from robots taking over jobs, kids are putting together new machines and learning how to make them do their bidding. A new generation will grow up knowing how to make robots their masters.

The 114th North American International Toy Fair, a convention running from February 18th through to the 21st at New York Citys Javits Center, is a center point for new trends in toy technology. This year, 24 exhibitors mention robots in their description. It might sound like childs play, but the products on display show that manufacturers are considering how the robo-revolution will change the demands of future industries.

Its no secret that an economy shifting towards automation will require different sets of skills. The Obama administration produced a report in December looking at robot automation. The report concluded that the best way forward was to invest in artificial intelligence, rethinking the social safety net and, yes, educating Americans so they can take on the jobs needed in the future.

At the Toy Fair, several products are teaching kids how to build their own robots using simplified parts. One example of this is Tinkerbots, which uses simple rearrangeable building blocks, paired with a smartphone app, to create imaginative new designs:

Another product is Tami, a block building system created by Robotron. The blocks are interesting in that they come in both non-robotic and robotic forms. Kids can make simple designs using the basic Tami blocks, before moving onto simple and advanced Robotami kits, some of which use touch and infrared sensors to teach the basics of hardware creation and software programming.

Other toys focus more on the software side than on hardware. WowWee is the creator of Coji, a robot that teaches kids how to code using a smartphone app. The bot responds to input via the app, and its up to kids to work out how various emojis will string together to create commands. Similarly, Wonder Workshop are the makers of the Dash and Dot pair of robots, which interact with smartphone games that teach basic programming logic in an easy-to-understand interface.

The automation of kids toys cant come soon enough. Tesla CEO Elon Musk claims that automation is going to transform the workforce, and a universal basic income will be necessary within 20 years of the first autonomous car hitting the road, which could be as soon as this year. Familiarizing kids with the shifting robot landscape will be crucial to helping the next generation understand this new world of technology.

Photos via Tinkerbots

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Robots Visit NY Toy Fair While Adults Worry About Automation ... - Inverse

Siemens Awarded Cyber Security Certificate for Digital Grid Automation Solutions – Transmission and Distribution World

Siemens has received a certificate for network automation solutions from TV Sd, Munich, Germany, in accordance with the international standards series IEC62443. The secure substation framework from Siemens has been certified to IEC 62443-2-4 (requirements for system integrators) and IEC 62443-3-3 (requirements for the security functions of systems). The certified architecture is based on Siemens experience and knowledge as a globally active company, and the processes described in the certification ensure the necessary transparency of the security-relevant procedures in line with the standards. Siemens thus develops and implements network automation solutions for power supply companies and grid operators which are based on the latest international standards in terms of cyber security and have been adapted to the current security guidelines.

In addition to the existing standards for cyber security, IEC 62443 has evolved today into one of the most future-oriented security standards worldwide. It goes further than other standards and defines requirements for all parties involved, including product suppliers, system integrators and operators. Whereas IEC 62443-2-4 certification is based on a security concept and engineering process developed by Siemens, the secure substation framework from Siemens is the basis for evaluation in accordance with IEC-62443-3-3. This security framework is made up of products such as the station automation system Sicam PAS/PQS and Sicam AK3, as well as the operating and monitoring system Sicam SCC, Siprotec 5 protection devices and the Siemens Ruggedcom portfolio consisting of switches, routers and firewalls.

Digitalization and cyber security are two closely interrelated topics that are of great strategic importance for Siemens. With regard to the further development of cyber security measures for its network automation products, systems and solutions, for example, Siemens is taking a comprehensive security approach that is driven by international standards such as IEC 62443.

In order to further improve the security standards for intelligent power supply grids, Siemens experts are represented in the relevant international standardization organizations. Furthermore, Siemens advises supervisory bodies on technical and process-related topics. Thanks to a company-wide cyber emergency response team (CERT), Siemens has a global overview of vulnerabilities if and when they occur. This also applies for the cyber security of power supply grids, where digitalization is making further advances.

Secure network automation solutions are part of the Siemens Division Energy Managements product portfolio. As a product supplier, system integrator, and solution and service provider, the Division offers power supply companies and industry cost-efficient, reliable, and intelligent solutions for the transmission and distribution of electrical power. The portfolio ranges from products and systems for low-voltage and distribution networks and smart grid and energy automation solutions to high voltage transmission systems. With a presence in more than 100 countries, the Siemens Division earned approximately 11.9 billion in sales and 895 million in profit and employed around 52,000 employees worldwide last fiscal year, which ended on September 30, 2016.

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Siemens Awarded Cyber Security Certificate for Digital Grid Automation Solutions - Transmission and Distribution World

AI and automation are about to – The Outline

It is difficult not to view Donald Trumps administration, regardless of its politics, as combative towards at least some portion of the American public. Unlike previous presidents who ultimately relied on messages that conveyed some attempt real or theatrical at national unity, Trumps team has decided to draw very clear lines between his supporters and everyone else. Whether it is the press, radical Islam, or the politically correct, Trumps style of leadership appears to rely on scapegoats. This bitter political ideology will likely be ineffective in guiding the country through the next decade of developments in the economy.

As artificial intelligence, robotics, and new forms of automation continue to flourish, the forms of work that millions of Americans rely on are at risk. The political solutions to navigating these changes are going to require broad public initiatives that havent been accomplished in decades, and everyone is going to have to be on board.

Before leaving the White House, President Obama commissioned a report titled Artificial Intelligence, Automation, and The Economy, that provides an in-depth look at the changes that will occur as automation becomes more sophisticated. Far from the doom and gloom projections of a workplace without humans, the report charts the subtle ways that, at scale, AI will have a tremendous impact on how our economy, and labor force, functions. Citing the current wave of AI, which the report describes as having begun around 2010, the study describes how the the types of jobs available in the economy are rapidly changing, and these changes are primarily impacting low income and less educated Americans.

According to the MIT Technology Review, 83 percent of jobs that pay less than $20 an hour are under threat from automation. Simply put, as technology makes things like ordering a cheeseburger, buying groceries, and shipping goods, require fewer human beings involved, the number of jobs available for poor Americans will shrink dramatically.

Ford, a company whose name is synonymous with the dream of American manufacturing jobs, recently announced goals to provide fully autonomous ridesharing by 2021, and earlier this month, allocated $1 billion for the autonomous vehicle startup Argo. Trumps former candidate for Labor Secretary, Andrew Puzder, wrote in the Wall Street Journal that, in areas like retail and foodservice, increases in minimum wage were to blame for the increase in automation. Of course, he also cites consumer preference as The major reason.

Lots of high-minded technological thinkers, particularly Elon Musk, have proposed a universal basic income, a form of wealth distribution that ensures every citizen receives a baseline income whether or not they are employed, as a likely solution to the problem of workforce automation. But the White House report takes a more somber approach, describing a basic income as giving up on the possibility of workers remaining employed. Instead, the report suggests a number of policy proposals (like Obamas national free community college initiative, and expanded unemployment benefits) as ways of actively facilitating the transition into a more AI driven economy.

In an interview with the MIT Technology Review, Mark Muro, a senior fellow at the Brookings Institution calls for what he calls a universal basic adjustment benefit. Unlike a universal basic income, it would involve targeted benefits for those left out of the workforce, providing tools like wage insurance, job counseling, relocation subsidies, and other financial and career help.

The Future

A McKinsey report estimates that 59 percent of manufacturing jobs can be automated.

Uber has already made significant strides automating cars and delivery vehicles.

Manufacturing in the US has actually increased just not with the help of human workers.

Read More

LA Times

The White House report points out that the U.S. government spends roughly 0.1 percent of its GDP on programs to help people deal with changes in the workplace much less than similar developed nations. This funding has also declined over the past three decades.

This is where Trumps style of leadership appears, at worst, disastrously cynical, and at best, ignorantly short sighted. By invoking a bygone era of American manufacturing, Trump undoubtedly tapped into a significant form of anxiety present in a large portion of the country. But his solutions, a dramatic reduction in immigration and tax breaks for corporations who move sparse manufacturing jobs to the U.S., dont even take into account changes in technology.

The people left behind by the advances in automation have faced the steady creep of obsolescence, in the form of a shrinking number of available jobs, for the past decade, and Trump promised to rewind time, to a period before artificial intelligence. A post-election analysis from FiveThirtyEight found that one of the best predictors of whether or not a county voted for Trump wasnt unemployment or income, but its proportion of jobs that are considered routine, an economic term for jobs that are easily automated. Areas with a high percentage of routine jobs voted in significant numbers for Donald Trumps vision of an America stopped in time.

Republicans in the House and Senate, similarly, have no discernible plan for how to address technologys impact on the workforce. Theyve instead spent the past decade working single-mindedly on taking control of the government in order to enact an economic and moralistic vision frozen in the 1980s.

Im very worried that the next wave [of AI and automation] will hit and we wont have the supports in place, Lawrence Katz, an economist at Harvard told the MIT Technology Review. Katzs research is focused on how public spending on education in the 1900s helped America make the economic shift from agriculture to manufacturing. Theres plenty of reason to believe that, as Wireds Clive Thompson points out, the next blue collar job in America could be computer programming. An initiative to teach coding to the millions of Americans whose jobs will slowly phase out in the face of AI would take years to develop and enact, and it doesnt even appear to be on anyones mind.

The report from the final days of Obamas White House makes sure to point out that:

The next few years will find our government squabbling over a health care law that for the most part works, and passing dramatic forms of austerity that have never proven effective in the long term. The cost of attending college, a critical tool for finding a job in the new economy, will likely continue to rise unabated. All the while technology will continue to alter the way millions of Americans work, for better and for worse.

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AI and automation are about to - The Outline

Decade is about home automation, IoT: Prasoon Shrivastava – Daily News & Analysis

Help Me Build is a technology-centric and social commerce platform with a managed multi-vendor marketplace. It focuses on interior design and architecture related ideas, inspirations, and integrated project solutions. Its founder and CEO Prasoon Shrivastava, also an architect, speaks to Ateeq Shaikh about the portal and its plans.

An architect by profession, I come with extensive international experience. While we were working on multiple real estate projects, largely residential and hospitality, we realised the gap in the market. The gap was that the developers were working on big projects as architects and designers, home owners were approaching us for small solutions. This is what triggered creation of this platform back in 2013. There isnt any platform to provide simple solution to home owners.

By 2014-end, we realised that we needed to offer more than a listing platform and have a social/commerce platform wherein commerce would be the main criteria.

We are there in all major cities. In terms of numbers, we have over 1,000 pin codes in cities of Delhi NCR, Bengaluru, Pune, Mumbai, Kolkata, Chennai, Ahmedabad, Jaipur, Chandigarh, Hyderabad, Indore and Lucknow.

There are 105 vendors, selling close to 1,00,000 products on our platform.

I have invested my own savings into the business. Till date, around Rs 3 crore has been invested and we plan to invest more in the coming months. Our target is to seek capital in the first quarter next year to scale up our business. As part of the first round, we are hoping to raise around $5 million, which includes funds for projects related to social, commerce and Internet of Things. We need money to scale up our business and create brand awareness, to bring in much more revenues.

Internet of Things and automation is the next big thing and hence, we are focusing on that to scale up our business. Every decade, construction industry adopts some trends and becomes part of our lives gradually. This decade is about home automation and IoT. By next decade, it will be part of our life and we will be using it day-in and day-out. Thus, funding should not be a problem for us. There are a couple of offers from the US already, but they are from HNIs and not institutional investors. We would go out for institutional investors first, as apart from money, they get in experience and an eco-system to guide in scaling up the business.

We do not maintain the inventory ourselves but our vendors. Initially, the vendors were very unorganised. We realised that the vendors had not updated the inventory online and the product seemed unavailable. Our team put in a lot of efforts to ensure that the vendors remain engaged on our platform and now we have reached the stage where we know that the logistics and delivery side is taken care of.

This year we will hit Rs 3 crore in revenues. Of this, 20% will come from the market sales, and the rest from the design-build solutions that we provide to the home owners.

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Decade is about home automation, IoT: Prasoon Shrivastava - Daily News & Analysis

Fighting voter ID laws in the courts isn’t enough. We need boots on the ground – Los Angeles Times

I first met Cinderria, an 18-year-old woman of color, in a library in downtown Madison, Wis. She approached the table marked Voter ID Assistance and explained that with the 2016 presidential primary only a few months away, and despite several trips to the DMV, she still didnt have a valid ID as mandated by Wisconsins strict new laws.It turned out she needed a Social Security card but wasnt sure how to obtain one.

Proponents of voter ID laws dont want to acknowledge that Cinderrias case is far from unusual. Experts project that in Wisconsin alone, 300,000 eligible voters lack the ID necessary to cast a ballot. Across the country, 32 states have some form of voter ID law, creating a crisis of disenfranchisement not seen since the civil rights era. These ID laws dont touch all groups equally: Voters of color, like Cinderria, are hit hardest. The elderly, students and low-income votersalso are disproportionately affected. (A new study published in the Journal of Politics, for instance, found that strict ID laws lower African American, Latino, Asian American and multiracial American turnout.)

States that have implemented voter ID laws have shown little to no interest in helping their citizens comply. And the advocacy organizations that oppose these laws have few resources for direct voter assistance. Instead, groups like the American Civil Liberties Unionhave focused on challenging voter ID mandates in court. Thats essential, but its not enough. As court battles proceed, we must acknowledge our collective obligation to voters like Cinderria by investing in on-the-ground, in-person support.

Before the 2016 election, a group of us in Madison recognized the problem and got to work, partnering with local organizations like the League of Women Voters and NAACP. As one coalition, we collaborated with social service agencies, churches, food pantries, employers, schools and election administrators. Outreach continued through the November electionand is ongoing for spring elections. But theres tons of work left to do in Madison, to say nothing of the state or nation as a whole.

The right to vote is not denied only in large volume. Our democracy deteriorates every single time an older voter cant find transportation to a distant DMV, and every single time a working mother cant afford the fees associated with redundant paperwork to prove her citizenship.

Having worked one-on-one with would-be voters, a nefarious truth about these laws has become clear to me. Not only do the requirements hamper individuals in the short term, they also can send a long-term signal to historically disenfranchised communities that theyre not invited into their countrys democratic process a feeling all too familiar to those who were born before the abolition of Jim Crow.

We cannot return to the era of literacy tests and poll taxes. Its crucial that all voters are offered helpbecause they must not lose the belief that their vote is precious and their participation essential to our democracy. These voters are our neighbors, our co-workers and, at the most basic level, our fellow citizens. Their rights are as valuable as those of any big-spending campaign donor.

Despite repeated assurances from voter ID proponents that these laws arent discriminatory and are easy to comply with, lived experience proves the opposite.

Cinderria was finally able to obtain an ID, but only weeks after we first met; I traveled with her to the DMV to make sure nothing went wrong. Claudelle, a voter in his 60s whose mother mistakenly spelled his name Clardelle on his birth certificate, was refused an ID with his correct name twice.On a trip to the DMV with a 34-year-old named Zack, we were given inaccurate information on how to receive a free ID to vote. A recording of that interactionprompted a federal judge to order retraining of DMV workers across Wisconsin.

The voters affected by these laws who, again, are more likely to be low-income, transient and elderly often are unreachable through social media campaigns or other online communication. That makes in-person outreach indispensable. A young Madison woman named Treasure, for instance, was unable to obtain an ID until neighborhood canvassers knocked on her door and gave her accurate information and assistance.

Such work is not an admission that voter ID laws arent worth fighting; they are. It represents, rather, a commitment to fight suppression at every level. We have no choice but to organize, lace up our shoes and meet would-be voters where they live and work.

Molly J. McGrath is an attorney, voting rights advocate and organizer.She can be found @votermolly or votermolly.com

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Fighting voter ID laws in the courts isn't enough. We need boots on the ground - Los Angeles Times

OUR VIEW: On Presidents Day, we celebrate the good ones – East Oregonian (subscription)

AP Photo/File

President George Washington delivers his inaugural address in the Senate Chamber of Old Federal Hall in New York on April 30, 1789.

Presidential biographers will tell you there are flaws in all of their subjects. But at certain moments, when the chips were down such as the nations birth, the Civil War, World War II the right leader showed up to meet an enormous challenge.

While the scourge of terrorism still threatens America, the abiding enemy of a large share of Americans is change economic and cultural that threatens livelihoods and personal values. In the face of that, its not always clear that current national leaders have a program of substance. Instead, they win by channeling the anger and fear of the disaffected voters.

But that is not leadership. And that is what makes this a dispiriting time.

Disappointment with current elected leaders is disappointment with our times as much as it is about the people in question.

Many years ago, on George Washingtons or Abraham Lincolns birthday, it was traditional for elementary schools to hold programs honoring those hallowed presidents. These days we have Presidents Day.

In many ways, we are more in need of some discussion of Washington and Lincoln than we were in the 1950s. And its not the children who need to hear about the virtues of those great men. Its the adults. Especially the adults who make and administer our laws.

We need to discuss Washington and Lincoln not because they dwarf the presidents we have known in our lifetimes. We need to talk about them because they rose to their tasks at two of the most difficult moments the nation ever faced.

Looking backward, the rise of Washington and Lincoln seems inevitable. The preeminent Washington scholar, James Thomas Flexner, titled his one-volume biography The Indispensable Man.

Oregon U.S. Sen. Mark Hatfield made a similar point about Lincoln, whose life the senator studied in some depth. Lincoln did not feel that he chose his place in history, but rather that history had chosen him, Hatfield said. Clearly no other individual could have brought so much good out of the seemingly infinite seas of madness and blood with which he was forced to deal.

Washington, unique in American history for winning his two terms with unanimous votes by the Electoral College, was widely ridiculed and disliked at the end of his presidency. He faced an armed uprising in 1791. Some blamed his policies for economic disruptions in the nations early years. Washington was a slave owner. He sided with Alexander Hamilton vs. Thomas Jefferson, a conflict that gave rise to continuing ripples of political partisanship that still trouble us today.

Despite his imperfections, with the wisdom of time and a degree of looking backward with rose-tinted glasses, Washington is now justly celebrated for having done most things right.

As the Miller Center at the University of Virginia notes, he tolerated dissent, vicious attacks on his reputation and name, and a divisive press all in the interest of freedom. There is little reason to suggest that Washington, unlike so many of his successors, ever sought to use his office for personal empowerment or gain.

The men including Washington who crafted our system of government understood and explicitly dealt with concerns that presidents could become too important. It is inevitable the top elected job in a great nation becomes the focus for blame and credit. But in the U.S. system of government, the president is a public employee, not the personification of the nation, as was the case in the European monarchy we left behind. The presidency is important but our nation is infinitely more so.

Presidents Day is good time to celebrate the good ones, who manage to govern in ways that promote peace and prosperity. But its also an opportunity to thank even the mediocre and lackluster ones, who often sacrifice health and reputation in efforts to serve the country.

Finally, Presidents Day is a good symbol for the fact that they are only small parts of who we as a nation we give 1/365th of 2017 to honoring them, and many of the remaining days to thinking little of them. This is as it should be.

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OUR VIEW: On Presidents Day, we celebrate the good ones - East Oregonian (subscription)

Technology Rich And Deep In Debt: Can Micron Fund Its Future? – Seeking Alpha

As one who listened to the Micron (NASDAQ:MU) 2017 Analyst Day who has been following this company for a while, I came away with two principal thoughts. First, and undeniably, there was a lot of good news delivered for Micron's shareholders. The company's leaders made a compelling case in every business line that the future prospects for Micron have never been brighter.

The second thought followed close on the heels of the first and grows directly out of that good news. Micron can't afford to fund its very bright future. So here on to the message of this brief article: the company's future progress will be hindered if the Board does not act decisively to find a deep-pocketed partner that will enable Micron to take advantage of its emergent strategic technology strength.

I realize that there is a lot that needs to be unpacked regarding these two items, so much that it simply can't be contained in one single article so consider this piece a strategic summary that will be followed with several more detailed pieces on the key areas that investors need to be aware of going forward. For now, though, here's the big picture.

Short term (this FY '17), Micron has a license to make lots of money in the memory business. I'm on record predicting $3 for the year, and I now think that is low, perhaps significantly so. Electric Phred's recent piece projecting a possible $4.45 is an excellent analysis of the best-case scenario for this year. It's unlikely we'll see that much but an outcome north of $3 is certainly possible. The question for the stock, however, is how much of that bonanza gets priced into the shares. Here we go again. In the end, in good times and bad, Micron's stock performance is always about the multiple, and the low multiple is always a function of deep and abiding doubts about the ability of the company to overcome the business cycle and show consistent performance.

I believe the company presented compelling evidence that the long-term growth prospects are excellent. Specifically, the company is capable of taking market share in NAND and new memories over the balance of the decade and well into the next. It will see DRAM share gains this year and next, but it is in NAND and new memories that the share gains will be the most pronounced. For me that's the biggest thing from the day. If the '17 news was good, the FY '18 and '19 news was potentially way better. Here's why.

Let's look at three of the slides. Exhibit 1 is this slide that rather confusingly expresses Micron's confident assertion of a 25% NAND cost advantage at the 64-layer level, something that DeBoer confirmed in the Q&A in the following exchange:

Q."Does the 25% die size advantage at 64L translate to cost advantage."

A. "It absolutely translates to cost." [..] We have no concerns with our yield curves on this technology." - Scott DeBoer, VP Technology

The second slide of interest is this one:

Here's what really strikes me on this slide with its associated comments:

The yields on the 32L are equal to planar MLC - probably low-mid 90% range."Meaningful" output on 64L (Gen 2) late this fiscal year - translated - greater than 10% of the 3DN bits will be 64L where the big cost advantage kicks in. Gen 3 (probably a 96L die) is close behind Gen2 with manufacturing start-up this calendar year. QLC. (Translation - 4 bits per cell) This could be the real sleeper of the presentation in terms of its impact on Micron's share gain potential. "Aligned to market potential" means that Micron is doing this at the behest of the hyperscalers and will ship it into that market if it meets certain (unspecified) requirements. At the 64L node this technology could take big swathes of HDD in the "warm" storage tier.

Finally, the best slide of all, the slide where Micron claims it has a strategic technology advantage over the long term:

This slide was offered alongside a lengthy colloquy by Scott DeBoer that was really quite remarkable for a company as buttoned down and as loathe to hyperbole Micron is (Think of DeBoer as the anti-Rob Crooke). I highly recommend that you listen for yourself (38:10 in the webcast audio), but the gist of it is that bringing a new memory to market is very hard because it takes a long time and it must overtake an old technology that is also advancing. Micron has two new memories that meet that imposing criteria in addition to having the best NAND technology on the market.

First, 3D XPoint [XP]. According to DeBoer:

"This is actually the only commercially ready high density memory technology on the market right now [ ] and there's a lot of interest in this. [But] we're focused on the next two generations and those two generations are going to give substantial cost and performance increases compared to the current [product]. We have high confidence in that roadmap."

This rather innocuous statement needs translating for those of you new to Micron and the industry because it has immense implications. Because of the cloud of mystery that has surrounded XP since its announcement in 2015 there has been great doubt that the product could be cost-effectively scaled. The implication of this claim being that XP would be something of a one-trick pony that would have a relatively short shelf life commercially - if it gained commercial viability at all. The problem you see was that the cross-point arrays were too litho intensive and that wouldn't allow the technology to be scaled. Here's a flavor of the skepticism in the tech community in the form of a slide from Dave Eggleston's presentation at FMS '15. Note the comment at the bottom of the slide:

The bottom bullet is pretty much the conventional wisdom in the industry. Here's a Paul Alcorn article from "Tom's Hardware" citing the views of Samsung (OTC:SSNLF) and SanDisk (now Western Digital (NYSE:WDC)):

[] A Samsung whitepaper presented in 2012, [] contends that 3D crosspoint architectures are not scalable in a cost-effective manner over the long term. The lithography tools and the need for EUV for advanced nodes (which IMFT has acknowledged for 3D XPoint) are significant barriers, along with the number of lithography steps. It's noteworthy that SanDisk has also expressed a similar opinion that 3D crosspoint architectures aren't scalable--and it speaks from experience, since it has shipped multi-layer crosspoint architectures in volume in the past. [] IMFT may have the silver bullet to solve the production challenges, but it's apparent that other industry heavyweights are skeptical."

So much for that problem. DeBoer's assertion that he has "high confidence" in "substantial" XP scaling is enormous news for Micron in the mid-term - think 2019 to 2023. The story that comes together on the slide is the positioning of XP vis--vis ReRAM (resistive RAM), which has generally been assumed to be the natural heir to the mid-range NVM crown. Note DeBoer's positioning - XP is higher performance and less costly than the potential competitive technology.

Contrast DeBoer's slide with what is still the industry's view of how the future technologies will play out:

Source - Western Digital Corporation

Overlaying DeBoer's chart with the WDC chart, you would find XP positioned to the left and below ReRAM with a performance/cost oval bisecting the green background. Notice the die cost positioning on the log chart. DeBoer is positioning the future generations of XP significantly less than the ReRAM cost which is shown ranging from $.15 to $.30 per GB (Note: this is NOT where Gen 1 XP is today).

Here's DeBoer again from the webcast:

"The substantial challenge [is to] find an intercept point for that technology where it is meaningful when it gets there. If you look at the commercially viable technologies today and project where they are going to be in five years or so you see a couple of trends here. One is for a new technology to be in this bottom quadrant on the performance versus cost-per-it graph both NAND and 3D XPoint have very significant cost reduction paths over the next few years. So this is very much a moving target for any new memory to intercept [] with a cost profile that makes it significant and enables a market at the same time. So the opportunity there for prospective [replacement] technologies [] is very challenging."

When DeBoer uses the term "high confidence," take it to the bank. The "very challenging" comment is as close to smack-talk out of the mild-manned DeBoer as we're likely to hear. Whatever is going on with the XP program right now (I have written about the many mysteries with this program here), DeBoer is giving a full-throated assurance that the best is yet to come.

And the good news (and bragging) doesn't stop there. Note the "New Memory" positioning that overlays DRAM performance at the low end (probably at the "1Y" node in 2019) with a cost that is somewhat less expensive. Note also its positioning vis--vis STT-RAM (spin-torque RAM) that has been thought to be the likely high-end DRAM replacement product. As you can see, Micron feels it has a winner that is much less expensive than any STT-RAM offering with higher performance to boot.

There are two important takeaways from this. First, this is a true DRAM replacement memory, and second, as Micron has made clear previously, this is NOT an IM product. This is Micron proprietary and, if achieved, represents a strategic coup for the company. The bottom line: Micron has the best technology in its cost-leading 3D NAND at the storage end of the market along with two new main memories that will by the early 20s offer customers an unparalleled combination of cost and performance for every use case.

So what are we to think of all this? Personally, I take DeBoer at his word. Obviously there is a big leap of faith in my belief, because we haven't seen any of these technologies yet. Nevertheless I believe him, and I have a great deal of confidence that we will see the claims made in the slide delivered. I say this because over the last three years, he has delivered - consistently and, more often than not, ahead of schedule.

One thing DeBoer did not say was when. He did talk about Micron's advantage with 3D NAND and XP being pervasive through a 10-year period. The "New Memory" reference is very interesting because it has reappeared after being absent from Micron commentary throughout 2016. Here is DeBoer's Memory timeline from Micron's Summer Analyst Conference in 2014:

Originally positioned as "New Memory B" for an FY 2017 announcement, I do not believe he would have mentioned it if he did not think he would be announcing sampling in the FY '18 time frame. Assuming that is the case and it has a development and roll out schedule similar to XP, that would imply that Gen 1 would be deliverable in the 2020/21 time frame.

Bringing this altogether, the most likely technology scenario going forward looks like this. Take it as you will.

FY 2017 - XP and Gen 2 64L 3DN initial delivery, "1X" (16nm) DRAM initial deliveries, "1X" DRAM and Gen 2 3DN > 20% of bit volumes by the end of FY '17 and ramping rapidly.

FY 2018 - XP market enablers like the "Gen-Z Consortium" publish specifications allowing industry-standard XP-DIMMS on the memory bus by mid-year, XP Gen 2 sampling and XP Gen 1 wide deployment with XP DIMM deliveries by year end, Gen 2 64L 3DN bit crossover by year end, announcement of "New Memory" [NM] late in FY, "1X" DRAM bit crossover, "1Y" DRAM sampling.

FY 2019 - XP Gen 2 bit majority and mass-market deliveries with DIMMs greater than 75% of shipments, Gen 3 (96L) 3DN bit cross-over with Gen 2 3DN by year end, "1Y" DRAM > 20% of bit shipments. NM sampling mid-year.

FY 2020 - XP Gen 3 announced and sampling with XP Gen 2 bit crossover, NM commercial shipments late in the year, 3DN Gen 4 announced.

Does this look like a challenging pace to you? It does to me, too. By FY 2019, in two years, Micron will likely have four major technologies in production - DRAM, NAND, XP, and NM - with multiple types and generations of DRAM, NAND and XP adding to the complexity. Note I have not addressed the CapEx requirements to exploit this rapid-fire cadence of technology product advancement. Other companies in the industry will be building fabs during this period. Will Micron?

One other daunting bit of strategic complexity must be added to the list: timing the demise of DRAM. Note the following Intel (NASDAQ:INTC) slide from its recent investor conference:

Note the relative size of the DRAM market in 2021 compared to today. For Intel, this is simply market opportunity for XP. For Micron, this is a different and decidedly more poignant issue. Certainly, the good news overwhelms the bad news in this slide. Echoing Steve Jobs, if a company is going to take down the DRAM business, Micron will benefit by being the principal one to do it. Other companies will be bringing DRAM replacement memories to market over the next five years, but Micron is the only one I've seen position a replacement as aggressively as it has. To the extent that it can bring NM to market sooner rather than later, it should be able to harvest profit margins that will cushion DRAM business losses. But this is all speculation at this point.

So we are left with the question of the way forward. How successfully it can navigate its way through the myriad challenges and complexities of the next four years is certainly open to question. From a technical perspective, I will echo DeBoer's "high confidence." From a business perspective I have my doubts that it can afford to exploit its opportunities. My analysis, which I will detail in the next article, is that the company needs to fund at least $16B in new capacity for the various technologies over the balance of the decade if DeBoer's claims come true. All this with a balance sheet that is seriously in need of repair with $8B of debt and a debt to equity ratio near an all-time "high" at nearly 70%.

Can it make enough money to self-fund its opportunities? The $1.5B of cash flow Maddock is projecting this year will certainly help. Can it achieve equal to better results next year? Most of the analyst community doesn't think so. Many analysts are pointing to the potential of a NAND glut next year with reduced DRAM pricing. I don't agree with the NAND projection for reasons I will detail later, but I can definitely see DRAM pricing receding somewhat. The real issue, though, is that Micron's dilemma remains in good times and only gets worse in bad.

In closing, as a Micron investor, I couldn't feel better about the technical proofs and claims made in the investor meeting. The short-term business view is very bright. I see $.80 this Q2 and $3+ this year unless externalities overwhelm the secular tailwinds driving the business (#1 on list of possible horribles is a global slowdown driven by a China/US trade dustup, with the trigger event being a serious run at broad-based import tariffs by the Trump administration). The open question remains funding what could be a very bright future.

Durcan's departure affords the company an excellent opportunity to use the hiring of the next president (hopefully an outsider) to reimagine the company. However good the balance of 2017 looks, Micron's Board must seize this chance to take a hard look in the mirror. The company has been losing share and is at the bottom of the industry in terms of profitability. Micron has persevered through the PC and Samsung induced trough of 15-16 with a treasure-trove of technology and a boatload of debt. Will the company move aggressively and rapidly to find the resources it needs to fundamentally change its laggard position vis--vis its peers or will it resign itself to remaining in the tenuous position that it has occupied for most of its history? We're about to find out.

Disclosure: I am/we are long MU, WDC.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Originally posted here:

Technology Rich And Deep In Debt: Can Micron Fund Its Future? - Seeking Alpha

How technology can create new pathways for inclusive growth – Disrupt Africa

The Africa Rising narrative is increasingly giving way to that of Aspiring Africa, as the Base of the Pyramid (BoP) shrinks and the new middle class burgeons, writes Wim van der Beek, founder and managing partner of Goodwell Investments.

Central to this new narrative is inclusive growth: the idea that economic growth must come with equitable opportunities for all participants, with benefits enjoyed by every section of society.

As Africa develops, it is pivotal to ensure that the currently underserved majority feels the benefits. This is not only about poverty reduction, but about creating opportunities for lower-income segments to generate wealth. It is a virtuous cycle; inclusive growth equals faster and better economic growth.

If we can ensure that Africas economic development happens in a more equitable and sustainable way, the macroeconomic positives are myriad. Offering young, aspiring Africans the opportunity to create wealth, has the effect of turning this demographic into producers and consumers of additional products and services.

The role of technology in inclusive growth

Africas mobile revolution has offered entrepreneurs an opportunity unlike any other to disseminate products and services that can contribute to inclusive growth on the continent. It enables digital innovation that allows African entrepreneurs and developers to leapfrog technologies, creating access to previously unavailable services for the majority.

Finance is a key enabler of growth, which is why the provision of accessible and affordable financial services to the majority of Africans is a prerequisite for faster and more sustainable development. Access to financial services increases access to other opportunities, hence fintech becoming central to Africas inclusive growth story.

For example, South Africas Nomanini is allowing informal merchants to improve their income generation capacity by selling airtime and other digital services through their point of sale (PoS) devices. This creates a ripple effect. By increasing the wealth-generation capability of the majority, it allows them to access additional products and services and contribute to economic growth.

The trend goes beyond financial services, however. In healthcare, diagnostic apps such as Vula Mobile are making world-class diagnostics available to lower-income segments in a more affordable way.

Companies in the education space are making digital content available to young Africans, while in agriculture, mobile is being used by companies like Kenyas WeFarm to disseminate crucial information for farmers, having a direct impact on their productivity and wealth-generation abilities.

Africa is seeing the same technology innovations that are emerging in developed countries, however, they are used in a unique manner. In Africa, technology is not replacing or assisting existing infrastructure; it is creating the infrastructure where there is none. Brick-and-mortar clinics, schools and grid-powered electricity are not in place across vast swathes of the continent. And they will not reach every rural village or urban slum in the future. Instead, these services will be provided more and more through innovative mobile technologies, reducing the need for expensive physical infrastructure.

In its ability to democratise and increase access to more affordable services that have, until now, remained inaccessible to the majority of Africans, technology has the potential to play a huge role in ensuring inclusive growth on the continent, opening up new opportunities for aspiring Africans.

Laying the groundwork for inclusive growth through technology

It is evident that from financial services to education, healthcare to transport, technology can be a key enabler in ensuring the benefits of Africas economic development are felt by all. There are four factors that are critical in enabling the growth in of the inclusive digital economy:

The first is improved access to the internet. Without access to mobile internet connectivity, the digital innovation that makes products and services more affordable to the majority remains out of reach. Approximately only one-third of Africans currently have access to the internet.

This issue is, fortunately, being addressed. Internet penetration in Africa has grown to almost 30 per cent from just 11 per cent five years ago. Internet bandwidth on the continent increased by 41 per cent between 2014 and 2015, according to research from TeleGeography, with the growth being driven by the increasing prevalence of 3G and 4G connectivity.

The second prerequisite for enabling inclusive growth through digital innovation is increasing access to smart devices. Getting the right devices into the hands of Africans is crucial to ensuring access to opportunities. Here too we are seeing significant progress. The number of smartphones across Africa has almost doubled to 226 million over the last two years, according to the GSMA, as entry level prices are falling rapidly.

Another key factor for inclusive growth is reducing the cost of communication. The majority of Africans will remain unable to access digital services if they cannot afford data bundles or voice calls. But with data prices falling across the board and OTT services such as WeChat and WhatsApp enabling cheaper communication, this issue too is being addressed.

The fourth factor is reducing the cost of creating technology solutions. Whereas in the past the development costs of a mobile or web application would have been unaffordable to many digital entrepreneurs in majority markets, thanks to lean methodologies and open source platforms like GitHub the process is now simpler and cheaper. This drop in the cost of technology has created opportunities for the development of more innovative applications to meet African needs.

Africas inclusive digital future

There are many reasons to be positive about Aspiring Africa and the impact of the digital economy.

The continent is brimming with the energy and passion of a young generation of ambitious innovators and entrepreneurs. And Africa is the youngest continent populated by digitally savvy and creative Africans that are keen to grab the opportunities that the digital economy creates for them as economically included citizens. The widespread emergence of tech ecosystems across the continent is supporting a rapidly growing number of increasingly impressive startups and innovative solutions. The increased accessibility and falling cost of relevant services through internet-enabled smart devices, is putting these innovations in the hands of the young and aspiring African mass markets.

These innovations are changing the lives of the average African byte by byte, day by day. As the majority of Africans enter the digital economy, technology innovations are playing a pivotal role in creating the inclusive growth story that is changing the face of the continent. Our firm invests in many technology innovators. Working with these passionate young entrepreneurs on the ground on a daily basis, it is hard not to be optimistic about the inclusive digital economy that is taking shape in Africa as we speak.

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How technology can create new pathways for inclusive growth - Disrupt Africa

St. Paul aims to attract more innovation and technology jobs – Minneapolis Star Tribune

Many of Jonathan Anderstrom's tech industry friends work at businesses located in Minneapolis' buzzy North Loop neighborhood.

His company, Creed Interactive, is firmly planted in St. Paul's Lowertown and he'd like to draw more like-minded entrepreneurs to the area.

Anderstrom is a member of St. Paul's new Innovation Cabinet, which is creating a plan to attract more technology and innovation-driven jobs to St. Paul. The 16 members of the group will come up with a strategy by July.

Anderstrom and other cabinet members are quick to add that this isn't about competing with the city across the river. They want to highlight St. Paul's assets, like its many colleges, and said the cities can complement each other.

Meanwhile, the Department of Employment and Economic Development is launching its own "#InnovateMN" effort to highlight creative businesses in the state and help them connect with state funding.

The timing of the two efforts which were announced on the same day was coincidental, said DEED Commissioner Shawntera Hardy, who is involved in both the state and city efforts. She and Lt. Gov. Tina Smith kept hearing stories of innovative job creation as they traveled the state, and Hardy said they decided: "We have to tell this story."

There were 141,934 people working in the technology industry in Minnesota in 2015, an increase of 5,475 over the year before, according to an analysis by the Computing Technology Industry Association.

The average technology worker's annual salary, $93,500, was 78 percent higher the average private sector worker in Minnesota, the analysis showed.

Technology companies often create well-paid jobs, but not that many of them, Anderstrom said.

The financial resources that St. Paul offers to help new businesses seem to focus on attracting companies that create a lot of lower-paying jobs, he said. He plans to suggest that the city have more flexibility in its business grant programs.

The cabinet has met twice. Members have talked about the need for creative workspaces and improving communication between companies, City Council Member Chris Tolbert said.

"We're not going to be Silicon Valley," he said, but the Innovation Cabinet will "make sure we keep our momentum going, and if nothing else, try to tell St. Paul stories."

Tolbert worked with Mayor Chris Coleman, who is running for governor, to create the cabinet. The effort fits with Coleman's goal, which he announced in August, to add 3,000 jobs in the city over the next three years.

St. Paul College President Rassoul Dastmozd, who is also a member of the cabinet, said having a variety of partners including business owners, state and local government officials and educators come together will ensure they look at the issue in a comprehensive way. He is interested in making sure the community and technical college's programming and services stay relevant for St. Paul businesses.

There will be a public "Conversations on Innovation" event with the cabinet members at 4:30 p.m. Tuesday at a co-working space at 213 4th St. E.

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St. Paul aims to attract more innovation and technology jobs - Minneapolis Star Tribune

MGX Minerals Core Technology Recognized as Finalist for Katerva Award – The Nobel Prize of Sustainability – Junior Mining Network

VANCOUVER, Feb. 21, 2017 /CNW/ -MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) ) is pleased to report that the Nanoflotation technology developed by David Bromley Engineering (DBE) and licensed exclusively to MGX engineering and technology development partner PurLucid Treatment Solutions Inc. ("PurLucid") has been nominated for the prestigious international Katerva Award.

The Katerva Award recognizes disruptive sustainable innovations from around the world. The patented nanoflotation technology, which removes metals and physical particulate from oil and gas waste water, has been nominated as one of ten finalists for the Energy and Power category. Purlucid has developed a lithium recovery method that relies on Nanoflotation as a core component of the water treatment and mineral recovery process. Purlucid holds exclusive rights to the technology for use in oil and gas water and brine treatment with the rights to expand licensing across sectors and geographies globally.

MGX and PurLucid entered into an Acquisition Agreement (the "Agreement") in September 2016 (see press release dated September 15, 2016).

About MGX Minerals

MGX Minerals (CSE: XMG) is a diversified Canadian mining company engaged in the development of large-scale industrial mineral portfolios in western Canada and the United States. The Company operates lithium, magnesium and silicon projects throughoutBritish Columbia andAlberta as well as petro lithium exploration in Utah.

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MGX Minerals Core Technology Recognized as Finalist for Katerva Award - The Nobel Prize of Sustainability - Junior Mining Network

Microsoft, UPMC’s technology collaboration includes health chatbot, population health tools – MobiHealthNews

Microsoft and UPMC have partnered to improve healthcare delivery through a series of projects, Microsoft announced Thursday. The health system will work on Microsoft's Healthcare NExT Initiative, which will focus on clinician empowerment and productivity with AI, officials said. The companies will work together to develop new tools that will first be implemented at UPMC before it hits the market.

The partnership will focus on products to empower patients and providers, while advancing UPMC's immunology research.

"Despite UPMC's efforts to stay on the leading edge of technology, too often our clinicians and patients feel as though they're serving the technology rather than the other way around," UMPC Chief Medical and Scientific Officer and President of Health Services Dr. Steven Shapiro said in a statement.

"With Microsoft, we have a shared vision of empowering clinicians by reducing the burden of electronic paperwork and allowing the doctor to focus on the sacred doctor-patient relationship," he added.

The collaboration is part of multiple Healthcare NExT initiatives that include: HealthVault Insights, a research partnership with Tribridge and System C & Graphnet Care Alliance focused on finding insights on patient health, care plan adherence and patient engagement; and Microsoft Genomics, an Azure-powered genome analytics pipeline and partnership with BC Platforms and DNAnexus, among others.

Healthcare NExT also includes Microsoft's AI chatbot, which officials said telehealth provider MDLIVE will use to help patients self-triage inquiries before speaking with a provider by video. Further, Premera Blue Cross will use the tech to improve the way patients find their health benefit information.

Microsoft also launched CGI ProperPay for claims analytics. The new service from its SaaS apps, provides predictive analytics, rules management and best practices to reduce healthcare claims fraud, waste and abuse, officials said.

"At Microsoft, we're grounding our efforts in a set of core design principles that focus on the human benefit of AI, transparency and accountability," officials said in a statement. "We believe that ethics and design go hand in hand. Further, we understand that security, privacy and compliance remain a top priority for health organizations."

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Microsoft, UPMC's technology collaboration includes health chatbot, population health tools - MobiHealthNews

New scan technology gives lower radiation dose for children with scoliosis – Pittsburgh Post-Gazette

Children with a curvature of the spine need regular monitoring as they reach the end of their growth period, so doctors can treat them with whatever method will keep the condition from getting worse. Childrens Hospital of Pittsburgh of UPMC and Allegheny Health Network doctors are now watching their progress with a device that exposes boys and girls to about a tenth of the radiation of traditional X-rays.

It looks like a transporter from Star Trek, but the EOS device gives young patients a safer trip in treatment for their spine, hip and leg disorders, said Sheila G. Moore, clinical director of pediatric radiology at Childrens. The first patient at Childrens was scanned on Jan. 9.

Allegheny Health Network got its EOS unit up and running in December at its new Pediatric Orthopaedic Institute in Pine, according to orthopedic surgeon Mark J. Sangimino. Images taken on several planes through the body build a three-dimensional model of the bones and joints of the spine and lower extremities.

Both reduced radiation exposure and the 3-D imaging are important advantages of the new technology, said W. Timothy Ward, chief of the division of pediatric orthopedic surgery at Childrens.

Radiation exposure is a potential issue, Dr. Ward said. Many get a lot of X-rays over a period of time. We cant say anyone has been hurt. But everything is cumulative. EOS allows us to dramatically cut down on exposure. Its a great advance. ... It gives a 3-D image that is helpful when planning surgical approaches.

Surgeons use the 3-D model to detect and place rods, hooks and screws that help to straighten the spine in severe cases.

The device, which cost $680,000, can scan the whole body. Total cost of the installation approached $1 million, Dr. Ward said, but he anticipates the EOS being used in various orthopedic areas and offered for patients now treated at UPMC satellite centers.

Dr. Sangimino agreed the advantages are twofold: We have wonderful resolution. The machine provides increased information, better resolution at a lower dose.

The patients love it, said Helen Bradley, lead diagnostic radiology technologist at Childrens. The patients are less frightened, dont seem to mind being closed in. They see the light going up and down.

Parents can sit nearby, and instead of bulky X-ray technology, the children walk into the booth-like unit and standing they can be scanned in both a frontal and a side view. At first, theres a loud noise, red lights line up a crosshairs, then the scan emits a green beam of light from the top cervical vertebrae to the base of the spine, the sacrum.

Those who have difficulty standing because of surgery or other reasons appreciate that its fast 5 seconds to do the whole scan.

Both health systems anticipate the arrival of a new chair that will allow upright screening of children who cant stand.

Treating scoliosis

Scoliosis can be caused by cerebral palsy and muscular dystrophy, but the National Institutes of Health reports the most common type is idiopathic scoliosis, meaning the cause is unknown. The condition affects about 2 to 3 percent of the population and is often found in children ages 10 to 12 and also in their early teens. Girls are more likely than boys to have it.

In mild cases children may need checkups every four to six months to see if there have been spinal changes. A brace may be recommended, and surgery may be needed to control or straighten out severe cases.

Spine fusion surgery uses metal rods, hooks, screws or wires to hold the spine straight as the bones grow together. Sometimes a rod is attached to the top and bottom sections of the spinal curvature and is lengthened every six months.

Safety for growing children

Dr. Sangimino said the EOS technology can help doctors treat children with a variety of problems involving the neurological, muscular and skeletal systems.

Last week, he said, On Wednesday we had 11 kids, with scoliosis, limb-length inequality and spinal pelvic imbalance. With EOS, theyre screened to try to help build braces that are more effective, therapies that are more effective.

For example, he said, a 3-year-old with a curvature of the spine will first have to be scanned with a higher dose to get a high-resolution picture of the bones. But once that is determined, he said, You dont need a higher resolution. We can lower the dose and modify the dose.

There might be two or three scans needed each year to monitor the childs growth. When needed, ultrasound technology and standard X-rays are still used.

Radiation exposure for scoliosis patients varies, Dr. Moore said, depending on the method.

Putting EOS to use

Were very quickly seeing the advantages, Dr. Ward said, adding that Childrens is starting a spinal deformity center that will offer low radiation imaging, bracing experts and physical therapists all in one place, designed to draw young patients from UPMC satellite centers as well.

Prevention of severe scoliosis is the focus of the AHN practice, Dr. Sangimino said, Were doing better therapy, doing better interventions. Were able to control a lot of curves we couldnt control before. EOS technology helps determine when simple therapy routines are most effective and helps brace makers with their work, he said.

Among children with cerebral palsy, spina bifida and other conditions, he said EOS can deal with the multiple systems involved; sometimes there are hip dislocations. The EOS scans allow doctors to see inside joints as a young patient is standing, and mechanical problems can be diagnosed, even with girls who have a problem with dislocated kneecaps, for example. We can use tricks to keep them out of the surgery unit, Dr. Sangimino said.

My goal is to put myself out of business as a surgeon. Its hard in todays medicine to do that, he said. This is a wonderful thing.

Jill Daly: jdaly@post-gazette.com, 412-263-1596.

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New scan technology gives lower radiation dose for children with scoliosis - Pittsburgh Post-Gazette

Progress made in efforts to clean up DAPL protest camp – KFYR-TV

CANNON BALL, N.D. - It appears to have been a productive weekend for the Dakota Access Pipeline protest camp cleanup.

Observers say they're pleased with how much has been cleaned up, but the clock is ticking.

After a slow start Friday, workers were able to haul out nearly 100 loads of trash and snow, which is good progress towards Wednesday 2 p.m. deadline.

You can see the difference in the Oceti Sakowin protest camp. Less garbage and less people.

"There's no more, there's less, I don't know there's less than 300 people here but this camp's changed a lot," said Alex High Elk.

State contractors began work on cleaning the camp last week and have made significant progress.

Last week this field was covered in trash, tents and snow, but since state contractors have come in you can tell they've made a lot of progress with still a lot more to go.

"Still a significant amount of garbage and a lot of snow and in that snow we don't know, we don't know what's in the snow," said Tom Doering, MC EM.

While some at the camp are heading elsewhere they know others will stay behind.

"Some of them don't want to budge. They want to stay here and they want to defend," said High Elk.

Those who are coordinating the cleanup effort by the state and county insist people need to leave.

"If the people were out of there it would go a lot quicker and then we could concentrate on those areas the closest to the river and those most likely to flood," said Doering.

Clean up will continue with efforts on both sides at least until the deadline passes.

Contractors and Morton County decided not to haul trash out today because of the rainy conditions.

They were concerned the equipment might get stuck in the mud.

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Progress made in efforts to clean up DAPL protest camp - KFYR-TV