Business gives up on Coalition, turns to Labor and states on energy, climate | RenewEconomy

But here we are, and an advisor to one of the most prominent business lobby groups admitted to RenewEconomy late last week the unthinkable: “There is no longer any point engaging with the Coalition on climate and energy policy. ” Instead, the business lobby now turns to the states, and to federal Labor, which proposes … Continue reading Business gives up on Coalition, turns to Labor and states on energy, climate | RenewEconomy

A disappointment or no big deal? Startup industry reacts to Morrison government’s decision to scrap Innovation Minister role – SmartCompany

Australian politics yet again lets down the innovation / startup industry... 😦   The federal government’s leadership scuffle last week has left the cabinet without an Innovation Minister, with Michaelia Cash taking on the Small Business portfolio, while Karen Andrews will oversee industry, science and technology. It may seem like mere semantics at first glance, … Continue reading A disappointment or no big deal? Startup industry reacts to Morrison government’s decision to scrap Innovation Minister role – SmartCompany

DeepMind AI Reduces Google Data Centre Cooling Bill by 40% | DeepMind

Our machine learning system was able to consistently achieve a 40 percent reduction in the amount of energy used for cooling, which equates to a 15 percent reduction in overall PUE overhead after accounting for electrical losses and other non-cooling inefficiencies. It also produced the lowest PUE the site had ever seen. Source: DeepMind AI … Continue reading DeepMind AI Reduces Google Data Centre Cooling Bill by 40% | DeepMind

Gupta: ACCC underwriting idea may help slash solar costs to $20s/MWh | RenewEconomy

Its not rocket science and the federal government should not be playing politics with climate change or the energy supply. “Gupta says that most businesses in Australia were not interested in political debates around fossil fuels and renewables, they simply want access to the cheapest supply. It’s just that he has no doubts that renewables are … Continue reading Gupta: ACCC underwriting idea may help slash solar costs to $20s/MWh | RenewEconomy

Human Bankers Are Losing to Robots as Nordea Sets a New Standard – Bloomberg

Nordea Bank AB, whose Chief Executive Officer Casper von Koskull says his industry might only have half its current human workforce a decade from now, is cutting 6,000 of those jobs. Von Koskull says the adjustment is the only way to stay competitive in the future, with automation and robots taking over from people in … Continue reading Human Bankers Are Losing to Robots as Nordea Sets a New Standard – Bloomberg

Why Alibaba co-founder Jack Ma avoided hiring high achievers – SmartCompany

Instead, Ma’s hiring philosophy focused on wisdom and a strong work ethic. Rather than academic achievement, he placed more value on life experience. “Because schools teach knowledge, while starting businesses requires wisdom. Wisdom is acquired through experience. Knowledge can be acquired through hard work,” he said. Source: Why Alibaba co-founder Jack Ma avoided hiring high … Continue reading Why Alibaba co-founder Jack Ma avoided hiring high achievers – SmartCompany