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Franklin Templeton CEO's Vision for Wealth Creation
Bloomberg Originals· 2025-11-13 01:00
Market Trends & Investment Opportunities - Private markets are experiencing secular growth, indicating a long-term shift [1] - Private credit managers are increasingly important due to banks' reduced lending [1][2] - Offering customized financial solutions is crucial for individual clients [2] Industry Perspective & Social Impact - The industry needs to redefine its role to better assist individuals in achieving their life goals [3][4] - Helping people build savings is essential for their financial well-being [4]
The Real Cost of Our Energy Demand | An Optimist’s Guide to the Planet
Bloomberg Originals· 2025-11-12 23:01
Energy Demand and Environmental Impact - Energy demand is expected to double by 2030, posing a steep cost to the planet [1][4] - Unbridled appetite for energy may be killing human societies, with AI potentially doubling energy needs by 2050 [4] - Data centers currently consume 1 in 3% of global electricity, projected to double by 2030, equaling Japan's total electricity consumption [12] - Shipping accounts for 2% of global CO2 emissions, highlighting the need for sustainable alternatives [89] Renewable Energy Solutions - Renewable energy sources like tidal power offer predictable and continuous energy [45][60] - Orkney generates over 100% of its electricity demand from renewables, showcasing a successful transition [62] - Tidal turbines can generate 2 megawatts, equivalent to powering 2,000 UK homes [51] - E-methanol, produced from renewable energy, can replace fossil fuels in heavy transport, aviation, and the chemical sector [69][73] Social and Economic Considerations - Rising energy demands exacerbate the climate crisis, disproportionately affecting vulnerable communities [20][41] - Low-cost cooling solutions can significantly reduce indoor temperatures in informal settlements, improving living conditions [31] - Fair conditioning has developed over 50 low-cost cooling methods, shared open-source without profit motive [38] Data Centers and AI - AI's energy demands are often hidden, requiring a behind-the-scenes look at data center power consumption [6] - Data centers require significant power, with one campus needing 45 megawatts, comparable to a city [10] - New GPUs for AI can consume 10 to 20 times more energy than traditional CPUs [11] - Recovering heat from data centers can be valuable for heating adjacent buildings or homes [14]
The Importance of Balance and Tradition in Olive Oil Production
Bloomberg Originals· 2025-11-12 17:00
Olive Oil Production - An olive tree, though young at less than 1,000 years old, yields 3 to 5 liters of olive oil annually [1] - The balance of air and sunlight is crucial for olive branch flowering and optimal olive production [2] Traditional Practices - The process of tending to the olive tree has remained consistent for thousands of years, providing sustenance [3] - The act of caring for the tree results in a reciprocal relationship, where the tree provides in return [3] Experiential Learning - The experience of climbing the olive tree is described as an "authentic experience" [3]
Why Workers Still Use Chisels and Hammers to Rebuild the Parthenon
Bloomberg Originals· 2025-11-11 16:07
Over the millennia, this building has been shaken by earthquakes, raided by lutters, and blown up by bombs. And what's left is a 70,000piece jigsaw puzzle to solve and restore. And no picture on the box.To reinstate each of the 69 columns, Adonis and the rest of the team need to cut fresh marble to fit seamlessly around the ancient stone. >> Oh, I see. So, you have the new stuff like wrapping around.Yes, >> that's complicated. >> Very complicated. >> Modern machinery is used for the rough shaping.But when i ...
Using an Astrolabe to Navigate
Bloomberg Originals· 2025-11-10 22:00
Navigation Technology - Astrolabe, developed by Greek astronomers around 150 BCE, enabled sailors to navigate using the sun and stars, expanding exploration [2] - Astrolabe helps determine latitude by measuring the sun's angle at midday relative to the horizon [2][3] - The angle from the vertical is calculated to determine the sun's position in the sky [3] - The device requires adjusting for the time of year to calculate latitude [4] - An example measurement yields a latitude of approximately 38 degrees [4] - The actual latitude is verified as 37.7 degrees, demonstrating the astrolabe's accuracy [5] - Astrolabe is unusable in cloudy conditions [5]
Evan Spiegel on the Future of Social Media
Bloomberg Originals· 2025-11-09 15:01
What is the social media of the future. Like what will next generations be using. >> My hope is that the social network of the future is right here in person.So I think one of the biggest challenges we face today is we've gotten so good at connecting with people who are really far away, but we've gotten less good at connecting with people right in front of us or across from us at the dinner table. >> What surprised you most about how the tech industry has evolved. I think for me one of the the things that's ...
How This Company Is Transforming the Cement Industry
Bloomberg Originals· 2025-11-08 15:01
What do you do. What do pebble do. >> We turn concrete into a material that can store CO2 forever.And concrete is I don't know if you know this, but it's the second most used material in the world. >> We use a lot. >> We use a lot of it. >> And we need to use a lot more in the future.>> That's right. So, the more we build, the more we'll pollute unless we can turn into a carbon sink and therefore do >> do good by building more. In concrete, you have three main solid ingredients.>> Yeah. You have cement, whi ...
How F1 Took Over Miami's Hard Rock Stadium
Bloomberg Originals· 2025-11-08 01:01
Event Planning & Execution - Formula 1 initially desired a downtown Miami race with yacht views for television appeal [1] - The Miami race organizers created an artificial water scene using plywood to mimic Monaco's yacht aesthetic [2] - The artificial water scene went viral, initially drawing criticism but later embraced as part of the event's fun and unserious nature [3] - The Hard Rock Stadium was not originally built for F1, requiring the racetrack to be constructed around existing infrastructure [3] - Temporary infrastructure, such as tennis courts, were rapidly converted for the race, involving 24-hour shifts [4]
Using Genetically Enhanced Plants to Naturally Extract Metals
Bloomberg Originals· 2025-11-07 21:00
Nickel Production & Extraction - Company extracts up to 2500 kg of nickel per hectare per year (2.5% tons/hectare/year) [2] - This nickel production is sufficient for producing 60 to 80 electric vehicle batteries with reduced environmental impact [2] - Company plants on soils naturally polluted with nickel, unsuitable for agriculture or traditional mining [2][3] Operational Environment - Growth chambers provide specific light signals to promote plant growth [1] - Sticky mats are used to prevent contamination in growth areas [1]
Evan Spiegel Demos New Spectacles AR Glasses
Bloomberg Originals· 2025-11-07 15:01
Game on. >> Game on. Watch out.>> Archer champ. >> Archer champ. >> Right there.Oh, >> that wasn't bad. I don't know where these arrows are going, but I one of them hit. >> Oh. >> Oh, there we go.All right. You crushed me. Okay.So, walk me through the design. The features >> specs have a dual SOC design, meaning there are two processors on board, one on this side and one on this side. and they talk to each other through a custom architecture we built so that one SOC is responsible for the computer vision un ...