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Thursday, May 23, 2019

Tech Industry Regulation in the US Becomes Real


Regardless of whether major social media firms and tech companies enable these on board AI capabilities or not, it’s clear to me that we’ve reached a point in the US social consciousness that tech companies managing all this personal data need to be regulated. While I’ll be the first to admit that the slow-moving government regulatory process is ill-matched to the rapidly evolving tech industry, that’s still not an excuse for not doing anything. As a result, in 2019, I believe the first government regulations of the tech industry will be put into place, specifically around data privacy and disclosure rules.



It’s clear from the backlash that companies like Facebook have been receiving that many consumers are very concerned with how much data has been collected not only about their online activities, but their location, and many other very specific (and very private) aspects of their lives. Despite the companies’ claims that we gave over most all of this information willingly (thanks to the confusingly worded and never read license agreements), common sense tells us that the vast majority of us did not understand or know how the data was being analyzed and used.



Legislators from both parties recognize these concerns, and despite the highly polarized political climate, are likely going to easily agree to some kind of limitations on the type of data that’s collected, how it’s analyzed, and how it’s ultimately used. Whether the US builds on Europe’s GDPR regulations, the privacy laws instated in California last year, or something entirely different remains to be seen, but now that the value and potential impact of personal data has been made clear, there’s no doubt we will see laws that control the valued commodity that it is.


Global reserves of indium are running out


An Indium produced in industry comes as the by-product of smelting zinc and lead sulphide ores, some of which can contain 1% indium. Specimens of uncombed indium metal have been found in a region of Russia and an indium mineral, indie, has been found in Siberia, but it is rare. The present cost of indium is about $1 to $5/g, depending on quantity and purity. Indium is a rare, soft and malleable post-transition metal, found primarily in zinc ore.


It is mined almost exclusively in Canada, China, the US and Russia. Indium is used in various electronic applications such as LCDs and touchscreens, solar cells, LEDs and various batteries. It is also useful in making alloys, medical imaging, and in the control rods of nuclear reactors. Its role in electronic screens drives most of the production demand, which by now has resulted in global reserves being almost completely exhausted. 


Recycling is one option being pursued to solve this problem, but it will only suffice in the short term. Fortunately, new alternative materials are being introduced, derived from carbon nanotube compounds that can take on the role previously filled by indium. Indium does not react with carbon, silicon, or boron, and the corresponding carbide, silicide, and boride are not known. No reaction takes place between hydrogen and indium, but indium (III) and indium (I) hydrates can be formed. It dissolvers in acids and is stable in water and air.

Aquaculture provides the majority of the world's seafood


Aquaculture – the cultivating of freshwater and saltwater fish under controlled conditions – has remained one of the fastest growing industries in the agricultural sector. Since the late 1980s, traditional "capture" fisheries have been on a plateau. Aquaculture, by contrast, increased by 8.8% per year from 1985 to 2010 and had witnessed an eightfold increase by the mid-2020s. It now accounts for the majority of the world's seafood, surpassing wild catch harvests by weight. The capture fishing industry itself has faced severe problems. Overfishing, climate change and pollution have all contributed to the sharp decline of yields. The largest centres for aquaculture remain in East and Southeast Asia – with the Philippines, Cambodia, Vietnam, Thailand and Indonesia seeing large increases in production.
Cambodia in particular has seen massive growth. New techniques have been adopted, helping to increase both sustainability and yield. One such method, used for the cultivation of jumbo shrimp, is super-intensive stacked raceways. Shrimp are grown in large, enclosed tubes called raceways, in which computers monitor and control a steady circulation of mineral water.  As they mature, they are moved down the stacked columns of tubes, until they reach the final bottom row, fully grown, where they are harvested. This method greatly increases the output of shrimp farms, up to one million pounds of shrimp per square acre, and can be deployed almost anywhere.


 The growth of aquaculture has caused a major shift in commerce and trade. Countries previously reliant on imports are now capable of producing vast quantities of fish, crustaceans, seaweed and other seafood Numerous start-up companies have appeared to fill the growing industry. Aquaculture as a whole will become one of the most vital industries in the world this century, as traditional commercial fishing breaks down and produces unsustainable yields.



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