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What are suggestions for new innovation in technology?

Here the suggestion for new innovation in technology and to know more visit this article.Space dronesNASA has challenged designers to develop a conventional drone to work inside a space station, navigating with no ‘up’ or ‘down’. The winning design, ArachnoBeeA, would use cameras and tiny beacons to manoeuvre its way around. How popular drones would be in such a confined space is a different question.760mph trainsThis could seriously speed up your commute (Hyperloop)Hate commuting? Imagine, instead, your train carriage hurtling down a tunnel at the same speed as a commercial jet airliner. That’s the dream of PayPal, Tesla and SpaceX founder Elon Musk. His Hyperloop system would see ‘train’ passengers travel at up to 760mph through a vacuum tube, propelled by compressed air and induction motors. A site has been chosen with the goal of starting test runs in two years. Once built, the loop will ferry passengers between San Francisco and LA in 35 minutes, compared to 7.5 hours by train.Coffee powerLondon’s coffee industry creates over 200,000 tonnes of waste every year, so what do we do with it? Entrepreneur Arthur Kay’s big idea is to use his company, bio-bean, to turn 85 per cent of coffee waste into biofuels for heating buildings and powering transport.Drown forest fires in soundForest fires could one day be dealt with by drones that would direct loud noises at the trees below. Since sound is made up of pressure waves, it can be used to disrupt the air surrounding a fire, essentially cutting off the supply of oxygen to the fuel. At the right frequency, the fire simply dies out, as researchers at George Mason University in Virginia recently demonstrated with their sonic extinguisher. Apparently, bass frequencies work best.The AI scientistCut off a flatworm’s head, and it’ll grow a new one. Cut it in half, and you’ll have two new worms. Fire some radiation at it, and it’ll repair itself. Scientists have wanted to work out the mechanisms involved for some time, but the secret has eluded them. Enter an AI coded at Tufts University, Massachusetts. By analysing and simulating countless scenarios, the computer was able to solve the mystery of the flatworm’s regeneration in just 42 hours. In the end it produced a comprehensive model of how the flatworm’s genes allow it to regenerate.Although humans still need to feed the AI with information, the machine in this experiment was able to create a new, abstract theory independently – a huge step towards the development of a conscious computer, and potentially a landmark step in the way we carry out research.Space balloonIf you want to take a trip into space, your quickest bet might be to take a balloon. The company World View Enterprises wants to send tourists into the stratosphere, 32km above Earth, on hot air balloons. Technically ‘space’ is defined as 100km above sea level, but 32km is high enough to witness the curvature of the Earth, just as Felix Baumgartner did on his space jump.Viagra for womenNow approved by the US Food and Drug Administration, flibanserin looks set to become the first in a new class of drugs for improving female sexual desire. Though it’s been dubbed ‘the female Viagra’, flibanserin works rather differently: Viagra works by boosting blood supply to the penis, while flibanserin acts on serotonin receptors in the brain. Its makers say it increases sexual satisfaction, but critics question the drug’s safety and effectiveness.Breathalyser carsThe US National Highway Traffic Safety Administration has developed devices that can monitor alcohol levels by sniffing a driver’s breath or scanning the blood in their fingertips via the steering wheel, immobilising the car if levels are too high. Drivers using the system could be offered lower insurance premiums.Crowd-sourced antibioticsSwallowing seawater is part of surfing. But now the scientists behind a new initiative called Beach Bums want to swab the rectums of surfers, to see if this water contains the key to developing new antibiotics. They’re searching for antibiotic resistant bacteria known as superbugs: by studying the samples from the surfers, they hope to learn more about these potentially dangerous organisms in the hope of producing new drugs to combat them.Internet for everyoneAfter Tesla and SpaceX, PayPal founder Elon Musk is turning his attention back to the internet: he’s awaiting permission to send almost 4,000 small satellites into low-Earth orbit that would beam back a high-speed wireless signal to everyone on the planet. And things are moving fast: Musk hopes to launch a series of test satellites in 2016, with a view to completing the project by 2020. He has competition to get there first though, as British billionaire Richard Branson also wants to cover the world with wi-fi.Personalities for robotsGoogle has obtained a patent on robot personalities, reminiscent of the ‘Genuine People Personalities’ of robots in The Hitchhiker’s Guide To The Galaxy. Owners could have a personality automatically chosen to match their needs, or select one based on a fictional character or even a loved one. Although the patent was announced suspiciously close to April 1, it does exist (US Patent 8,996,429), and with our natural tendency to anthropomorphism it seems a likely development.

What is the future of urban car ownership?

“The Ultimate Driving Machine” was, and still is, one of the most successful marketing campaigns of all time.The slogan has been around for nearly 50 years and is identifiable by people from multiple different generations. That’s when you know a company has a powerful brand.Source: BMWStyleNow, I’m not going to 100% agree that a BMW is the ultimate driving machine. There are lots of competitors out there that are just as, if not more, impressive than a BMW.But, that’s for another debate.What I want point out, is the actual slogan… “The Ultimate Driving Machine.” Yes, when you are actually driving a BMW, it’s impressive.But what do you do with your BMW the rest of the time? What do you do with any vehicle when you’re not driving it?Nothing. It just sits there.“The Ultimate Parking Machine” is probably a better name for most cars.Did you know that the average car is parked 95% of the time? It just sits there, depreciating in value. And that’s not to mention any parking/storage fees, maintenance, insurance, fuel, and on, and on.A car is expensive.In fact, personal car ownership is so expensive and inconvenient that in the near future it will seem absurd to own your own car.For most people that sounds crazy. How can someone live without their car?!Someone’s personal vehicle is more than a mode of transportation. It represents freedom, it’s a fashion statement, and it’s also a status symbol.(***Warning: Over-generalization ahead…)But, that’s what older generations think about cars. They remember adventures, late nights, and funny stories when they think about driving.Older generations also treat driving as an art form. How you can navigate a twisted canyon road and how you can shift a manual transmission smoothly shows what kind of driver you are. It’s a pride thing.New generations don’t think about that at all. They think about the cost of driving. They think about traffic and parking. And they don’t even like the actual activity of driving.A car is just a tool to get from point A to point B. Newer generations don’t care about how polished the rims are, what kind of engine is under the hood, and they definitely don’t want to waste their time changing the oil.Source: TuftsWhile many people might scoff at this and say something like, “oh, people will always own their own cars,” I encourage you to check out what is going on in the auto industry…For example:FORD - Purchased last mile provider Chariot, $1B acquisition of AI company Argo, and have announced they will have fully autonomous cars on the road in 2021.GM - Investing $500M in Lyft, $1B acquisition of self-driving car startup Cruise and launching Maven a car-sharing service.VOLVO - Partnering with Uber, Autonomous Ready Vehicles.UBER - $680M purchase of self-driving trucking company Otto.These are major companies making big moves in anticipation of what is coming.So, what is coming?That’s the million dollar question that everyone is trying to figure out.The very high-level idea is that people - whether they are full time commuters or need occasional transportation - will use a network of transportation options, rather than personally own a car.The major problem right now is that a network of transportation options doesn’t really exist. Yes, you can take a bus to a train station to an airport. But, it’s not really a seamless process, as you have to make payments at multiple different steps, and it might not be as fast as actually driving yourself.The solution is that all of the travel options that we currently have need to be optimized to work together in a fluid experience for the actual end user.The companies that figure this out will be the big winners, instead of the actual transportation providers.Think about it this way…Here are three companies that work together: Boeing, United Airlines, and Kayak[.]com.Boeing makes airplanes. They are an extremely capital intensive company and employ thousands of workers. Scaling their operations up (or down), designing new aircraft, and ensuring they have orders is extremely expensive.United Airlines provides a flying experience for their passengers. They buy airplanes from Boeing, wrap the plane in their branding, sell tickets to customers, and (hopefully) provide a nice flying experience. They have a massive amount of infrastructure, employ thousands of people, and it takes a lot of capital to scale up.Kayak[.]com is an online booking site. People can go there to find whatever flight they need. Kayak[.]com is not only extremely scalable, but they are also service provider agnostic. Meaning, they will provide travel options for United or any other airline. Kayak[.]com's overhead is tiny compared to United and Boeing and Kayak[.]com can pivot very quickly if the market changes.Now, think about the auto industry…Boeing is the equivalent to Ford, GM, Chrysler, VW, Toyota, etc.United is the equivalent to Uber, Lyft, etc.Kayak[.]com is the equivalent to… ummm… well, that’s yet to be determined.There are several companies out there that are working on this issue. They’re trying to optimize the commuting experience, while at the same time taking emissions, parking, cost, and convenience into account. Additionally, they don't have the massive cost of the companies that involve physical products and services.We’ll have to see who starts to figure this out!

Where are some of the best bank accounts in the world to save your money?

The best online savings accounts have a combination of high interest rates and great customer service. Savings accounts, particularly high-yield savings accounts, are best for money you might need within a year — any amount that you don’t want to subject to the short-term risk and volatility in the stock market. Your emergency fund should primarily consist of money held in a high-yield savings account. “High-yield” is unfortunately a bit of a misnomer these days; a decade ago, interest rates were 4% and 5% among select savings accounts and money market accounts. Today, the best rates are all below 2%.Interest rates are important because money shouldn’t lose too much purchasing power. Interest rates should beat inflation while preserving the balance without risk. Many banks are not now offering a savings option with interest rates high enough to meaningfully beat inflation, so if your savings is at a brick and mortar bank earning below 0.5% APY, choose one of the better options below.There are two important factors of customer service. The best banks offer all account maintenance and transfers through a professional, reliable, and easy-to-navigate website. Secondly, live customer service representatives should be knowledgeable, helpful, and available, although customers should have to deal with a representative infrequently if at all.Based on my own experiences and reviews from other Consumerism Commentary readers, here are my favorite and most-recommended accounts for short-term savings. All of the listed interest rates are current as of July 2011, but they are subject to change by the banks. Although I have nine accounts listed below the table of rates, you don’t need to have accounts with that many different banks. Choose one that fits you the best.First, here is a list of the latest interest rates. Following this table, I offer a few of my own observations and opinions about savings accounts from nine popular online banks.Account TypeTermAmountSavings Account -$10,000 - $24,999Account TypeAmountCDMMASavings Account- Amount -< $10,000< $25,000< $50,000< $100,000 $100,000+InstitutionTypeRateAPYMin. toEarn APYAdvertiser CommentsSavings1.08%1.09%$0No minimum deposit to open.Member FDIC.Learn MoreUpdated 7/8/2011Call NowSavings1.00%1.00%$0Member FDIC. No minimums and no fees.Learn MoreUpdated 6/24/2011Call NowSavings0.85%0.85%$1Named Best Place to Park Your Emergency Cash by Money Magazine.Learn MoreUpdated 6/24/2011Call NowING DIRECTUpdated 6/24/2011Savings1.00%1.00%$0Save your money with ING DIRECT. High Interest. No Fees. No Minimums.Learn MoreMoney market rates and savings account rates provided by MoneyRates.com. Add Your Listing HereRates/APY terms above are current as of the date indicated. The quotes above are from banks and thrifts, all of which have paid for a link to their website. Bank and thrift deposits are insured by the FDIC. Rates are subject to change without notice and may not be the same at all branches.Discover Bank offers a solid savings account with a fast opening process; my account was opened in 24 hours. The current interest rate for Discover Bank is 1.15% APY.Zions Bank offers CDs, IRA CDs, savings accounts, and checking accounts, all with great interest rates. Currently, an online savings account will earn customers a 1.01% APY. Zions Bank is publicly traded under the NASDAQ stock symbol ZION.Ally Bank was selected by Kiplinger Magazine as the best savings account for 2009. Currently, Ally Bank sports an interest rate of 1.09% APY as of July 9, 2011.EverBank has a variety of products including a high yield checking account, a money market account, and world currency CDs, all with top of the line interest rates. Currently, their money market account yields an interest rate of 1.01% APY and their high yield checking account has an interest rate of 1.01% APY.ING Direct offers no fees and no minimum balance requirement. ING Direct has a great website and I’ve never had any customer service problems. My favorite feature is the ability to split your account into several labeled sub-accounts. ING Direct holds a current interest rate of1.00% APY.New for June 2011: Capital One has purchased ING Direct.FNBO Direct offers no fees and no minimum balance requirement. Rated best online savings account for 2008 by Kiplinger Magazine, FNBO Direct is the online arm of First National Bank of Omaha. FNBO has an interest rate of 0.85% APY.American Express offers an online personal savings account from the company’s banking division that rivals the best banks. Today, the account offers an interest rate of 1.00% APY.SmartyPig currently sports one of the best interest rate you can find online at 1.10% APY. In addition to the high interest rate, you can also convert your savings goals into gift cards and earn an additional bonus for each gift card conversion.Sallie Mae is now offering a high-yield savings account boasting no fees and no minimum balance. The process to open a savings account takes less than ten minutes and the current interest rate is 1.10% APY.HSBC Advance offers no fees and no minimum balance requirement. HSBC Advance (formerly HSBC Direct) entered the race with one of the highest interest rates ever available at 6% APY. Since then, HSBC Advance has continued to be towards the top of any list of online bank accounts. HSBC Advance has an interest rate of 0.80% APY.

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