Source: World Economic Forum (video statements)
This week’s top stories of the week include:
0:15 Orbital ‘gas stations’ tackle space debris – Low Earth orbit (LEO) is becoming a junkyard. It contains millions of pieces of debris flying around at up to 29,000 kph. At that speed, even tiny objects pose a risk to spacecraft. Daniel Faber’s company Orbit Fab wants to take a fresh approach by building orbiting ‘gas stations’.
2:46 How new tech will shape finance – What if your bank could predict the next market crash before it happens? Or stop a scammer before they can steal? Quantum computing may sound like science fiction, but it’s set to reshape the future of finance.
4:31 Climate adaptation’s hidden value – The world is getting its climate sums wrong – and it could be costing us all. The value of investing in climate adaptation is usually measured according to one metric: the value of the climate losses it prevents. But that leads to huge underestimates of its true value, according to research by the World Resources Institute.
7:09 Quantum tech could break encryption – Tom Patterson is an expert on quantum technologies. Quantum computing will be a game-changer for humanity, he says. But alongside its staggering rise in capability there’s also an escalation in threat, challenging the encryption that underpins our digital world, from communication to commerce.
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