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Showing posts with label Macro. Show all posts
Showing posts with label Macro. Show all posts

Tuesday, July 3, 2012

New Touch Technology Paves the Way for a Robotic Jimi Hendrix

By Michael A. Robinson
www.moneymorning.com

Most people could easily tell the difference between an apple and an orange, even if you put a blindfold on them.

No, they wouldn't have to taste or smell either one to be sure. Quite simply, they could pick out each fruit just by feeling it.

Our sense of touch is a key part of the human experience. It's why we prefer to wear shirts or blouses made of silk instead of those made from burlap.

Not only that, touch is the only one of our five senses that covers our entire bodies. And we have lots of nerve endings all over waiting to give us this tactile feedback. Consider that your fingertips alone contain some 1,000 touch receptors - roughly 100 for each tip of each finger.

If you stop and think about it for a moment, you'll realize just how complex the sense of touch really is. It combines the feelings of hot and cold, rough and smooth, wet and dry, soft and hard, as well as pain and pleasure.

Now just imagine trying to put such a complex system into a sensor so small it could fit into the tip of a robot's "finger." No doubt that would a huge breakthrough.

For one thing, it would make robots far more "human"...

It would open up a whole new range of jobs for robots in industry, farming, and mining.

It could even usher in the day when a robot could learn to play the electric guitar in a way that rivals the late rock legend Jimi Hendrix. And it could certainly improve the quality of life for millions of amputees around the world.

Robotic Touch That Rivals the Human Hand

That's why I'm so excited to introduce you to SynTouch LLC, a small San Diego startup focused on making tactile sensors for robots. The firm wants to create the same type of dynamic range as that found in the human hand.

Just last week, SynTouch announced that its BioTac fingertip performs better than human fingertips at telling the differences among a wide range of natural materials. All they have to do is feel the texture.

The firm posted the results after completing a test of the system for the University of Southern California (USC). It has a great relationship with this marquee college, by the way - the researchers launched SynTouch in 2008 after spinning it off from USC's medical device unit.

SynTouch CEO Dr. Gerald Loeb said the progress came after the firm designed a new algorithm for its BioTac fingertip. That allows robots to make decisions about how to explore the world by imitating the way humans do it.

Like the human finger, the BioTac sensor has a soft, flexible "skin" over a liquid filling.The skin even has fingerprints on its surface.

These greatly enhance its sensitivity to vibration, Loeb says. The sensor can also tell the direction from which forces are applied to the fingertip. It can even sense the thermal properties of an object it's touching.

As the robot finger slides over the surface of an object, its skin vibrates in a human-like manner. Except the robot has an ace up its sleeve - a tiny underwater microphone that makes it more sensitive than human touch.

Loeb's group trained the robot on 117 common materials. These included fabrics, papers, and items found at hardware stores. When confronted with a substance at random, the robot could correctly identify it 95% of the time. More to the point, the bot rarely got confused by pairs of similar textures - ones human subjects could not discern at all.

New Hope for Amputees

That's why I believe the BioTac could have a profound impact on thousands of injured people by giving them much better artificial limbs.

You see, each year in the U.S., some 185,000 people lose a limb due to disease or injury. The nation now has about 1.7 million amputees.

Of course, we are making great strides in high-tech prosthetic devices. With them, many amputees lead nearly normal lives. But right now, they lack the basic human sense of touch.

To overcome this gap, SynTouch has received funding from several groups that want to see a better prosthetic hand created. The list includes the research arm of the Pentagon, which has had to provide hundreds of injured Iraq war vets with artificial limbs in the last few years.

Lifelike robots are at the top of the list of breakthroughs that will re-form the world around us in the Era of Radical Change.

We will need them to mine asteroids and explore other planets. Here on earth, they'll do more of the repetitive tasks that humans often find boring. That will free humans to focus on the most interesting and highest-paying jobs.

No doubt we face big problems in this nation.

But we still have lots of entrepreneurs like Loeb. He's not only a medical doctor, he co-invented the BioTac and holds a total of 54 patents.

So, as long as we keep finding guys like Dr. Loeb, the Era of Radical Change will be a very exciting - and profitable - time for America.


About the Author
Michael A. Robinson is one of the top financial analysts working today. His 30-year track record as a leading tech analyst has garnered him rave reviews. The first analyst to uncover the rare earth mineral crisis, he amassed cumulative gains of 990% for his readers in just 16 months. Today he is the editor of Radical Technology Profits. He also edits the Era of Radical Change e-letter that explores "what's next" in the tech investing world. Learn more about Michael on our contributors page.

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Source: New Touch Technology Paves the Way for a Robotic Jimi Hendrix:

8 Reasons to Sell Microsoft (Nasdaq:MSFT) and Dump Steve Ballmer

July 3, 2012
By Keith Fitzgerald
www.moneymorning.com

One day in 1983, my dad asked me a question over dinner after a long day at work.
He wanted to know what I knew about a little computer company called Microsoft. It was the brainchild of the son of one of his partners at Bogle & Gates, William H. Gates, Sr.

"Not much," I replied.

But I did tell my dad that I loved using MS-DOS in the computer lab with my friends. I was a card-carrying member of the nerd herd back in the day, so I spent a lot of time there and knew Microsoft's fledgling PC-based software pretty well.

My grandmother Mimi, though, had a different point of view. You've heard me mention her before.

She's the one who was widowed at an early age and became a savvy global investor long before people ever thought to look at the bigger picture.

Mimi didn't care that the buzz was about the MS-DOS language or even about computers. Having grown up in the Depression, she believed that what people would do with the technology was far more valuable.

She said she had confidence that Sr.'s son, Bill Gates Jr., understood this -- which is why she invested heavily in the Microsoft IPO in 1986. Enough said.

Today, though, I think she'd voice an equally strong opinion about Microsoft (Nasdaq: MSFT) CEO Steve Ballmer. In fact, I think she'd fire him. Here's why...

8 Reasons Why Steve Ballmer Must Go

  1. Ballmer took over Microsoft 12 years ago when the stock was about $60. Now it struggles to maintain $30. Microsoft has $58.16 billion in cash and this is the best Steve Ballmer can do?
  2. Office and Windows are dying. Once the business world's de facto standard, both are being replaced by cheap, easy-to-operate software, much of which is actually free as well as compatible. This is a big problem considering that, according to the Wall Street Journal, roughly 85% of Microsoft's revenue is coming from just two products: Windows and Office.
  3. The company isn't innovating fast enough or aggressively enough. What's more, it's attempting to compensate for its own shortcomings with increasingly ill-conceived acquisitions. For instance, Microsoft forked over $605 million for 18% of the Barnes and Noble Nook e-reader and still has no real ability to compete with Amazon's Kindle. It also couldn't seal the deal with Yahoo. Despite a sizable head start using Yahoo's core search technology, Bing has a mere 15% of the search market today. Ballmer waited nearly four years to respond to the iPad and his "Surface" tablet was ho-hum when it could have been jaw dropping. One more: Microsoft paid $8.5 billion in cash for Skype. Apparently the fact that Skype was not profitable didn't matter. Ballmer's track record suggests to me that he buys businesses that nobody else "must have."
  4. Microsoft's Internet offerings remain wannabes and are highly priced at that. Take Yammer. Microsoft just paid $1.2 billion through the nose to acquire a company that was valued at $600 million last fall when it raised $85 million in a venture offering. Team Ballmer plans to integrate it into Office on the assumption that somehow the Microsoft marriage will endear the brand to customers anxious to socialize business. I think they're delusional. Most Microsoft users I know, including myself, are actively planning to move away from the legacy software we've used for years the first instant we can in favor of software we actually like to use!
  5. Microsoft spent $26 billion on research over the last three years. Meanwhile, Apple spent $5.54 billion and managed to crank out products light years better than anything Microsoft has come up with. No question which group of shareholders is getting the most bang for the buck.
  6. Windows 8 is a wreck. Versions I have played with are so unintuitive as to defy belief. There is neither a Control Panel nor a Start menu. It seems to me that very few people actually love their Windows anymore the way Apple users love their Mac OS.
  7. Ballmer can't do a product launch without jumping around the stage like a Planet of the Apes extra according to Joel Hruska of ExtremeTech. No doubt an apt description if you've ever seen him do his thing-- albeit not a very flattering one. That's a problem. Ballmer doesn't appear to do anything without appearing sweaty and uncomposed. His competitors look calm, cool and collected. The late Steve Jobs wrote the book on creating real excitement for users, not just inwardly-focused developers who give birth to successive generations of questionable products. Who would you trust is the question posed at the end of this video. Not a tough call in my mind.
  8. Spellbound nerds, once the company's backbone, appear to be an endangered species. If you want to see the future, look at what teens are using and writing. Apple now allows teens as young as 13 to participate in its developer's conference, where thousands of people learn about upcoming offerings (and help take the company to new heights).
A child of the Depression, Mimi knew how to cut to the chase. She was acutely aware of the need to identify companies that did too.

Those who weren't acting in the best interests of their shareholders and maximizing their investments had no place in her portfolio.

Nor mine...which is why I don't own Microsoft today and haven't for years.

Further Reading...

Mimi's sage advice has appeared in Keith's columns before. In this article, she reasoned that when an investment or a trend began making the rounds over drinks, it was time to move on. In fact, she used to call it the "country club" test.

Mimi was also mentioned in Keith's 2009 book entitled: Fiscal Hangover: How to Profit From the New Global Economy

About the Author
Keith Fitz-Gerald has been the Money Morning team Chief Investment Strategist since 2008. He’s a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to being editor of the Money Map Report, Keith runs The Geiger Index, a reliable, emotion-free guide to making big money and avoiding losses, and the Strike Force service, which aims to get in, target gains, and get out clean. Learn more about Keith on our contributors page.

Source: 8 Reasons Why Mimi Would Sell Microsoft (Nasdaq:MSFT) and Dump Steve Ballmer:

New Technology Trends: June's Most Fascinating Updates


July 3, 2012
By Michael A. Robinson
www.moneymorning.com

[Editor's Note: This column appeared in Michael A. Robinson's Era of Radical Change newsletter last week. For more insights into the latest tech innovations, click here and let Michael introduce you to the Era of Radical Change. Enjoy.]

Over the last several months, I've written about a number of new technology trends reshaping the world around us, with an eye toward how to profit from them.

As it turns out, I've barely scratched the surface...

You see, almost every day in the Era of Radical Change, we get some exciting breakthroughs with huge potential. Each week, I learn about dozens of new advances, personally. Sometimes that leaves me frustrated, because I just don't have the time and space to get them all in print to you. But I hate to see these great ideas and incredible developments go above notice.

That's why today I'm launching a new feature I think you'll find intriguing...

Called Fascinations of the Month, this recurring column will arrive at the end of each month and cover several shorter items in less depth. I believe they will expand your knowledge of cutting-edge high tech and give you something fascinating to tell your neighbors about.

And you just never know; you may pick up an investment idea or two along the way.

Here are our first Fascinations of the Month...

Voyager 1 is About to Leave Solar System

Many of you recall that the Voyager 1 is a robotic space probe traveling through the solar system. NASA says the little probe was built to last.

No kidding...

It left earth 35 years ago, sent back the first detailed pictures of Jupiter and Saturn, and has now traveled more than 11 billion miles from earth. That's the farthest any of man-made space craft has ever gone.

Voyager 1 is tasked with locating and studying the boundaries of the Solar System. But the fact is, the probe is about to leave our solar system. No one knows precisely when that will occur, but it could be a matter of only a few days. This means the human race will soon enter uncharted territory.

No human or man-built craft has ever entered deep space. Voyager 1 really is on an "interstellar mission," as NASA likes to say.

But there's more. Its sibling, Voyager 2, is only a couple of billion miles behind. It, too, will continue to chart space and send data back to earth.

Oh, and just in case one (or both) of the ships come across extraterrestrial life while in orbit, they contain greetings for other life forms. On board is a 12-inch gold-plated copper disk that contains sounds and images picked to portray a wide range of life and culture on Earth.

And it turns out that isn't the only big trend involving unmanned space travel...

Air Force Tests Secret Robotic Space Craft

The U.S. Air Force just gave a big boost to the future of unmanned space flight.

I have written in the past about what I've termed the New Space Race. I have focused on private firms that have plans to marry low-priced rockets to advanced robots.

But, federal budget concerns aside, there's no reason the U.S. government shouldn't jump in as well. In fact, it can play a vital role in giving the sector some boosts along the way.

Turns out the Air Force is a big believer in the future of robotic space craft.

On June 16, after 15 months in orbit, the Air Force's unmanned X-37 B landed safely back on earth. That marked the second such flight. A third is planned for later this year.

This most recent mission is shrouded in secrecy, but it has caused quite a buzz on the Web. It has also lead to all sorts of speculation about just what the secrecy is all about.

Having grown up in a military household, I know firsthand how much the Pentagon likes to keep things under wraps.

At this point, I don't think it's useful to guess about the range of tests the Air Force went through while the X-37 B was in orbit. The fact that we can send robotic space craft into orbit and have them land safely back on Earth is the news.

It's also proof that in the Era of Radical Change we will see profound breakthroughs in space travel. These will no doubt rely on unmanned space craft as well as "robonauts" - the term NASA uses to describe robotic astronauts.

These Smart Glasses "See" Your Mood

In early May, I told you about a set of Web-connected eye glasses by Google Inc. (NASDAQ: GOOG) that are the wave of the future. They give you access to your phone and e-mail, take photos, send texts, play music, provide walking directions, and much more.

Now, a startup has made spectacles that can sense your mood.

2AI Labs just created the O2Amp glasses. Wear them, and you can read someone's body language based on simple biology. The glasses contain a device that figures out how people will act based on their blood-oxygen levels.

A lens in the glasses magnifies differences in how much oxygen is in the blood just beneath the skin, making veins more visible for the viewer. That enhances the wearer's ability to read the emotions of the people nearby by the color of their skin. The firm says the glasses could be used in gaming, security, and, of course, medicine.

This Online Encyclopedia Writes Its Own Articles

Machine intelligence will be a big growth field for years to come.

With the advent of digital tech, we are swimming in far, far more data than humans can process.

So how do we keep up?

A research arm of the Pentagon has an idea: computers that can write articles that resemble concise Wikipedia profiles. The DoD wants to build machines that can follow global news events and provide analysts with useful summaries in close to real time.

The system gathers information from 40 news sites written in English, Chinese, and Arabic. Later, it will cover hundreds of news sites in all major languages. After that, it'll be linked with an existing TV broadcast monitoring network.

The feds hope to receive a prototype later this year.

Robots That Can Charge Your Devices (and Outsmart You)

A small flying robot will soon be able to charge your cell phone. So say researchers from the University of Nebraska at Lincoln.

They invented an airborne wireless robot that hovers over an object so the device's coil can resonate with a magnetic field. The process can send 5.5 watts of power with 35% efficiency.

That's enough juice to power a light bulb with some charge still left. I see real-world uses in the future for charging remote devices likes those placed under water or in space.

In the meantime, don't ever agree to play rock, paper, scissors with a new Japanese robotic hand. It will win every single time. The bot is the brainchild of the Ishikawa Oku Lab at the University of Toyko, and it seems to read your mind. Armed with high-speed optics, the robot can "see" the shape of your hand in a fraction of a second. And just as quickly it can make the shape that trumps your choice. It all happens so fast you can't tell the robot is waiting for you to commit before it makes the winning move.

You can see a video of it at work here.

For more information on new technology trends, stay tuned for what July brings us.

About the Author
Michael A. Robinson is one of the top financial analysts working today. His 30-year track record as a leading tech analyst has garnered him rave reviews. The first analyst to uncover the rare earth mineral crisis, he amassed cumulative gains of 990% for his readers in just 16 months. Today he is the editor of Radical Technology Profits. He also edits the Era of Radical Change e-letter that explores "what's next" in the tech investing world. Learn more about Michael on our contributors page.

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Source: New Technology Trends: June's Most Fascinating Updates: