Amazon aims to compete with FedEx and UPS in the logistics and shipping industry. That’s what analysts told CNBC after Amazon Air recently expanded to 50 planes and announced it will open a $1.5 billion air hub in Northern Kentucky in 2021. Amazon is handling up to 26% of its own shipping, meaning FedEx, UPS and the U.S. Postal Service are losing a portion of Amazon’s business. FedEx says it’s not worried, but Morgan Stanley reports the major shippers have already lost 2% revenue to Amazon Air. (Published on Feb 16, 2019 )
Published on May 9, 2019 A business empire needs decisive leadership, but also a steady hand. For over 40 years, Charlie Munger has been the latter for Berkshire Hathaway. As Berkshire’s Vice Chairman, the 95-year-old Munger is Warren Buffett’s right-hand man. He’s also an investing legend in his own right. Munger ran a firm in the 1960s and ’70s that scored returns of over 24% per year. He’s here to talk about how to make investment decisions and life choices that help secure prosperity and longevity.
Charlie Munger Berkshire Hathaway.
Published on May 9, 2019 Influencers with Andy Serwer
Many emerging technologies that you hear about today will reach a tipping point by 2025, according to a recent report from The World Economic Forum’s Global Agenda Council on the Future of Software & Society.
21 technology tipping points we will reach by 2030
1 90% of the population will have unlimited and free data storage by 2018.
2 The first robotic pharmacist will arrive in the US 2021.
3 1 trillion sensors will be connected to the internet by 2022.
4 10% of the world’s population will be wearing clothes connected to the internet by 2022.
5 The first 3D-printed car will be in production by 2022.
6 The first implantable mobile phone will become commercially available in 2025.
7 The first government to replace its census with big-data technologies by 2023.
8 10% of reading glasses will be connected to the internet by 2023.
9 80% of people on earth will have a digital presence online by 2023.
10 A government will collect taxes for the first time via blockchain 2023.
11 90% of the global population will have a supercomputer in their pocket by 2023.
12 Access to the Internet will become a basic right by 2024.
13 The first transplant of a 3D-printed liver will occur 2024.
14 More than 50% of Internet traffic to homes will be from appliances and device by 2024.
15 5% of consumer products will be 3D-printed.
16 30% of corporate audits will be performed by artificial intelligence 2025.
17 Globally, more trips will be made using car sharing programs than privately owned cars by 2025.
18 Driverless cars will account for 10% of all cars in the US.
19 The first AI machine will join a corporate board of directors 2026.
20 The first city with more than 50,000 people and no traffic lights will come into existence by 2026.
21 10% of global gross domestic product will be stored using blockchain technology 2027.
As blockchain technology take off, more money will be stored using the technology.
According to the report, the total worth of Bitcoin in the blockchain is around $20 billion, or about 0.025% of global GDP of around $80 trillion. By 2027, about 10% of the global GDP will be stored using blockchain.