Hard Numbers: Guess Which Industry will be Worth $13 Trillion by 2050

9.7 billion: A new UN Population Division report projects that the global population will hit 9.7 billion by 2050, up from the current 7.7 billion. Most of that population growth will come from sub-Saharan Africa, which is expected to add another billion people over the next three decades.

13.3 trillion: In other projections to the year 2050, energy trackers at BloombergNEF estimate that the 62% increase in electricity demand over the next three decades will bring in $13.3 trillion in new investments, with $5.3 trillion going to wind and $4.2 trillion to solar. That's a lot of power but sweeping policy changes will still be needed to hit global climate targets.

9,000: Bitcoin, the world's original cryptocurrency, surged past $9,000 this week to a 13-month high following the news of Facebook's plan to launch its own digital currency and payment system. The prospect of the world's biggest social network moving into the crypto space has seemingly legitimized an industry that's been struggling with growth problems, fraud, and volatile prices.

1,232: Local authorities in Berlin this week approved a plan to freeze rent hikes in the city for the next five years as the German capital has become a major destination for European job seekers. Currently, the average monthly rent in Berlin is about $1,232, a 7% jump over the first three months of this year.

Technology is changing the way modern geologists locate precious resources and harness energy. With supercomputers capable of processing geophysical data from all over the world, geologists are reconstructing models of the subsoil to identify hydrocarbon deposits. The efficiency of these powerful data processors can scan massive rock formations to help laboratories analyze geological systems. While today's modern geologists still have a compass and hammer to collect samples, petaflops of computing power are changing energy research at lightning speed.

Learn more at Eniday: Energy Is A Good Story

Are e-Cigs an example of tech gone wrong?


There's a real tradeoff in e-cigarettes. To the extent that people stop smoking regular cigarettes to use e-cigarettes, that's good. To the extent that new people who wouldn't have been smokers, particularly young people, start smoking, that's bad. Now there are real societal problems and health problems and the data show that there are lots of new people starting to smoke. I don't think of it as much as a tech problem though or tech gone wrong as much as a social problem.


Moviepass has shut down. Final thoughts?


Moviepass was this insane business. You pay them ten dollars a month and then they let you see all the 2D movies you want. That was one business plan. They had about 20 business plans. It's kind of just, there lots of tech companies where the business model is: pay us a dollar and we'll pay you two dollars. And then they say to the venture capitalists: "Look we're growing. Give us more money." Of course that's going to run out.


Nostalgia. What's the next old tech about to make a resurgence?


Snapchat. A year ago, it looked like they were poached. That Instagram was just going to knock them out. And now, everybody's using Snapchat again.

Following another inconclusive election this week, Israel's politics are in turmoil, and the man at the center of the battle to form the next government is neither the embattled prime minister nor the opposition leader who appears to have bested him.

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Justin Trudeau's Bid to Save Face – Canada's prime minister shouldn't play dress-up anymore. An unfortunate series of outfits he and his family wore during a visit to India in 2018 drew widespread mockery, and now there are old photos and video of Justin Trudeau wearing brown and black makeup on separate occasions at costume parties years ago. Trudeau has acknowledged that the costumes are racist and apologized profusely. It'll be up to Canadian voters to decide on October 21 just how seriously they take these spectacular lapses of judgment and good taste. In the meantime, Signal readers can enjoy this video of Trudeau throwing himself down a flight of stairs.

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30: A U.S. drone strike aiming to hit an ISIS stronghold in Afghanistan, killed at least 30 civilians. There are around 2,000 ISIS fighters in Afghanistan, but some have been known to switch alliances between different insurgent groups, according to the US military.

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