Helping to accelerate the hunt for those breakthroughs is a new $200,000 incentive in the form of an open innovation challenge.
“Everything is turned upside down!” the cabbie shouts, pumping his arm up and down in the air. “Five years ago it was not like this!” he cries.
The taxi driver is not talking about Midtown Manhattan traffic. He is from Alexandria. Not the Alexandria we know on the Washington Beltway, but the Alexandria in Egypt, named after Alexander the Great.
Chancellor of the Exchequer George Osborne described his budget as being focused on the “makers and doers.”
Scientific discovery, information sharing and sheer ingenuity are giving us the ability to hack our human brains to learn, do, be more. At the same time, we can model human intelligence into machines to help us gain insights, increase speed and know more.
As the industry takes its message to lawmakers today during “Railroad Day” on Capitol Hill, the industry is on a roll. Revenue is up 19 percent since 2009 to $80.6 billion, creating 10,000 new directly related jobs and countless other ancillary jobs. Some $21 billion in wages were paid last year alone, a $1 billion increase from the year before.