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	<title>infrastructure &#8211; USA NEWS LIVE</title>
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		<title>How much does scientific progress cost? Without state dollars for the research infrastructure, breakthroughs are unlikely</title>
		<link>https://bloggingthree.soflytech.com/2025/02/how-much-does-scientific-progress-cost-without-state-dollars-for-the-research-infrastructure-breakthroughs-are-unlikely/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 13 Feb 2025 08:48:20 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
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		<category><![CDATA[cost]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=24479</guid>

					<description><![CDATA[Biomedical research within the USA is partly world class Because of an extended -term partnership between universities and the federal government. On February 7, 2025, the US National Institute of Health Passed out a policy This could weaken the United States&#39; position as a frontrunner within the scientific innovation by reducing funds to the infrastructure [&#8230;]]]></description>
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<p>Biomedical research within the USA is <a href="https://www.nationalacademies.org/news/2024/10/strengthening-the-u-s-biomedical-research-enterprise-entails-national-strategic-coordination-focus-on-health-equity-says-nam-special-publication">partly world class</a> Because of an extended -term partnership between universities and the federal government.</p>
<p>On February 7, 2025, the US National Institute of Health <a href="https://grants.nih.gov/grants/guide/notice-files/NOT-OD-25-068.html">Passed out a policy</a> This could weaken the United States&#39; position as a frontrunner within the scientific innovation by reducing funds to the infrastructure that allows universities and other institutions to perform research in any respect.</p>
<p>Universities throughout the country perform research <a href="https://www.aau.edu/newsroom/mary-sues-desk/university-government-research-partnership-alliance-science-and-technology">In the name of the federal government</a>. The Federal Grant Funding, which is awarded by a strict review process, is central to this partnership. These grants are the elixir of lifetime of biomedical research within the USA </p>
<p>If you think that of the prices of scientific research, you&#8217;ll be able to imagine the individuals who perform research, in addition to the materials and laboratory devices you employ. However, these don&#8217;t include all essential components of research. Every scientific and medical breakthrough also depends upon laboratory systems. Heating, air con, ventilation and electricity; And personnel for secure research are carried out safely and in accordance with the federal regulations.</p>
<p>These critical indirect research costs are each considerable and inevitable, not least because it will possibly be very expensive to construct, maintain and equip space with a purpose to perform research on the bounds of data. The NIH stated that it was issued <a href="https://grants.nih.gov/grants/guide/notice-files/NOT-OD-25-068.html">More than 35 billion US dollars for grants</a> In the 2023 financial yr, which was at greater than 300,000 researchers at greater than 2,500 universities, medical faculties and other forms of research institutions across the country. About 9 billion US dollars of this financing were assigned to the indirect costs.</p>
<p>Nih subsidies have supported the direct costs of <a href="https://scholar.google.com/citations?user=yI9ON-UAAAAJ&#038;hl=en">My own scientific research</a> In the event of treatments for diseases from cancer to eye diseases. I&#8217;d not find a way to perform my research without the support of the indirect costs that the NIH plans to shorten.</p>
<h2>What are indirect costs?</h2>
<p>Indirect costs, also often called <a href="https://www.aamc.org/what-we-do/mission-areas/medical-research/facilities-administrative-costs">Facilities and administrative costs</a>Or overhead are funds which are made available to cover expenses that usually are not directly certain to certain research projects, but are of essential importance for his or her execution. In contrast to the direct costs that cover salaries, care and experiments, indirect costs support the general research environment to be sure that scientists have the crucial resources with a purpose to effectively perform their work.</p>
<p><a href="https://www.aau.edu/key-issues/frequently-asked-questions-about-facilities-and-administrative-fa-costs-federally">Indirect costs</a> Inclusion of maintaining optimal laboratory rooms, specialized institutions that services resembling imaging and gene evaluation, high-speed computing, research security, security and personnel safety, disposal of dangerous waste, utilization firms, equipment maintenance, administrative support, regulations for the regulations, information technology and maintenance provides employees to supply laboratory and to wash and deliver facilities. </p>
<figure>
<p><a href="https://www.youtube.com/watch?v=YXTDLFVKVIO">https://www.youtube.com/watch?v=YXTDLFVKVIO</a></p><figcaption><span class="caption">Academic institutions perform research on behalf of the federal government.</span></figcaption></figure>
<p>Research institutions that receive federal subsidies <a href="https://www.govinfo.gov/app/details/CFR-2013-title2-vol1/CFR-2013-title2-vol1-part220">Rules and regulations</a> founded by the US office for management and budget. These guidelines determine the indirect cost rates of every institution. </p>
<p>Institutions provide proposals for federal authorities that describe the prices related to the upkeep of the research infrastructure. The <a href="https://www.hhs.gov/about/agencies/asa/psc/indirect-cost-negotiations/index.html">Cost allocation department</a> The Ministry of Health and Human Services checks these proposals to make sure compliance with the federal guidelines. </p>
<p>The indirect rates could be wealthy <a href="https://www.statnews.com/2025/02/09/nih-indirect-research-costs-losers-stanford-vanderbilt-ut/">15% to 70%</a>With the precise level, depending on the research and infrastructure requirement of an establishment.</p>
<p>As a rule, institutions will undergo a demanding process <a href="https://fa.fo.uiowa.edu/fa-cost-reimbursement">Negotiate their indirect rates</a> Every 4 years, components resembling general, department and program management, constructing and equipment depreciation, interest, operation and maintenance in addition to library costs. The universities must rigorously justify these cost components with a purpose to make sure the sustainability of the research infrastructure and compliance with the federal government&#39;s requirements. </p>
<p>In particular, the indirect costs from grants don&#8217;t cover the complete costs of carrying out research at universities. In 2023, colleges and universities carried around <a href="https://www.aau.edu/key-issues/frequently-asked-questions-about-facilities-and-administrative-fa-costs-federally">27 billion US dollars of their very own financing</a>Like money from their foundations to support research. This included indirect costs of 6.8 billion US dollars that the federal government didn&#8217;t reimburse.</p>
<h2>Slashing essential research financing</h2>
<p>In its announcement in February, the National Institutes of Health said that they might not determine indirect cost rates based on the needs of every institution. Instead, it could spend a <a href="https://grants.nih.gov/grants/guide/notice-files/NOT-OD-25-068.html">Standard -indirect cost rate of 15%</a> About all grants. The reasoning of the agency for the upper limit is to &#8220;ensure that as many funds as possible lead to direct scientific research costs and not for the administrative effort&#8221;.</p>
<p>The Trump government and Elon Musk are on the lookout for <a href="https://www.statnews.com/2025/02/08/nih-indirect-costs-explainer-research-budget-cuts-different-accounting/">Slacers of the federal government</a>With Musk, indirect cost rates criticized as a &#8220;rip -off&#8221;.</p>
<p>An ordinary rate of 15% would significantly influence the power of an establishment to keep up its research infrastructure. For example, if a university had an indirect cost rate of fifty% in 2024, it could receive $ 150,000 for a grant of $ 100,000, with $ 50,000 being assigned for indirect costs. With the brand new NIH upper limit, this might drop to 115,000 US dollars, with only 15,000 US dollars for indirect costs. </p>
<p>The scale of this support in research could be seen on the state level, with <a href="https://www.forbes.com/sites/michaeltnietzel/2025/02/10/what-the-nih-cut-to-indirect-cost-payments-could-cost-red-states/">Damage for each red and blue conditions</a>. For example, the Texas institutions could be exposed to a discount of just about 37 million US dollars to scale back over 310 million US dollars and institutions in Iowa. California would lose greater than 800 million US dollars and Washington over 178 million dollars.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#a77a5b"><img decoding="async" alt="Person who carries nitrile gloves that pipetted a liquid in a vial above a laboratory area" class="lazyload" src="https://images.theconversation.com/files/648415/original/file-20250211-21-z76ime.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/648415/original/file-20250211-21-z76ime.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/648415/original/file-20250211-21-z76ime.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/648415/original/file-20250211-21-z76ime.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/648415/original/file-20250211-21-z76ime.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/648415/original/file-20250211-21-z76ime.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/648415/original/file-20250211-21-z76ime.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Research has each indirect and direct costs &#8211; and each are essential.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/lab-worker-pipettes-proteins-to-measure-their-concentration-news-photo/1240588515">David Ryder/Stringer about Getty Images News</a></span><br />
            </figcaption></figure>
<p>The NIH compared the brand new 15% upper limit with the indirect cost rates that <a href="https://grants.nih.gov/grants/guide/notice-files/NOT-OD-25-068.html">Foundations normally for university institutions</a>. She referred to the rate of interest of 10%, the 12% price of the Gordon and Betty Moore Foundation and the Robert Wood Johnson Foundation in addition to the 15% rate of interest of the Carnegie Corporation of New York, Chan Zuckerberg Initiative, John Templeton Foundation, Packard Foundation and Rockefeller Foundation.</p>
<p>However, many researchers and donors have criticized this claim as misleading. A spokesman for the Gates Foundation previously stated that the installed rate <a href="https://www.science.org/content/article/nih-plan-reduce-overhead-payments-draws-fire">don&#8217;t reflect</a> How the organization provides its funds. The universities have identified that they often assume fundamental grants with low or zero overhead costs, since these are grants A <a href="https://www.science.org/content/article/nih-slashes-overhead-payments-research-sparking-outrage">relatively small a part of their financing</a> And are sometimes spent for early phases whose careers need additional support.</p>
<p>In addition, the NIH subsidies can cover a big a part of their overhead costs which are able to simply accept research institutions to simply accept grants with such low indirect installments.</p>
<h2>Biomedical researchers react</h2>
<p>Scientists and researchers responded to the NiH announcement with great concern concerning the negative effects that these financing cuts would have on biomedical research within the United States.</p>
<p>The Council for Government Relations, which monitors federal politics for major universities and medical research centers, said that “America&#39;s competitors will do that <a href="https://www.science.org/content/article/nih-slashes-overhead-payments-research-sparking-outrage">Enjoy this self -inflicted wound</a>&#8220;Ask the NIH to&#8221; reset this dangerous policy before their damage from Americans could be felt &#8220;.</p>
<p>The President and CEO of the Association of American Medical Colleges said that the NIH policy would “reduce the country&#39;s research capability <a href="https://www.aamc.org/news/press-releases/aamc-statement-drastic-cuts-nih-funded-research">Slowing the scientific progress and childbirth of patients</a>Families and communities across the country of latest treatments, diagnostics and preventive interventions. &#8221; </p>
<p><a href="https://news.stanford.edu/stories/2025/02/update-on-nih-announcement">Research institutions</a>Present <a href="https://www.aamc.org/news/press-releases/aamc-statement-drastic-cuts-nih-funded-research">Scientific societies</a>Interest representative groups and <a href="https://abcnews.go.com/Politics/gop-sen-susan-collins-decries-trumps-poorly-conceived/story?id=118662496">Legislator</a> <a href="https://www.murray.senate.gov/senator-murray-slams-indirect-cost-rate-for-nih-as-massive-indiscriminate-cut-setting-back-progress-on-lifesaving-research/">From each major political parties</a> have pushed back against the 15% upper limit for indirect costs and ask the NIH leadership to rethink its politics.</p>
<p>Soon after the lawyers General of <a href="https://www.nytimes.com/2025/02/10/us/politics/nih-trump-lawsuit-medical-research.html">22 states submitted complaints</a> A federal judge in query of the directive A <a href="https://www.statnews.com/2025/02/11/judge-orders-nationwide-halt-trump-nih-research-indirect-costs/">temporary break in these countries</a> canceled to the court.</p>
<p>Scientists expect the long-term effects of those financing cuts to break US biomedical research considerably. If the talk on the support of the federal government develops in academic research institutions, adaptation to the institutions and the query of whether the NIH takes on its approach will determine the long run of scientific research within the United States.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Biden signs an executive order to expand AI infrastructure within the US</title>
		<link>https://bloggingthree.soflytech.com/2025/01/biden-signs-an-executive-order-to-expand-ai-infrastructure-within-the-us/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 15 Jan 2025 02:53:57 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Biden]]></category>
		<category><![CDATA[executive]]></category>
		<category><![CDATA[expand]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[order]]></category>
		<category><![CDATA[signs]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=22691</guid>

					<description><![CDATA[By SARAH PARVINI, AP Technology Writer LOS ANGELES (AP) – President Joe Biden On Tuesday, he signed an ambitious executive order artificial intelligence This is meant to be sure that the infrastructure needed for advanced AI operations, equivalent to large data centers and latest clean energy facilities, will be built quickly and at scale within [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2025/01/Biden_AI_01386.jpg?w=1400px&amp;strip=all" /></p>
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<p><strong>By SARAH PARVINI, AP Technology Writer</strong></p>
<p>LOS ANGELES (AP) – <a href="https://apnews.com/hub/joe-biden">President Joe Biden</a> On Tuesday, he signed an ambitious executive order <a href="https://apnews.com/hub/artificial-intelligence">artificial intelligence</a> This is meant to be sure that the infrastructure needed for advanced AI operations, equivalent to large data centers and latest clean energy facilities, will be built quickly and at scale within the United States.</p>
<p>The executive order directs federal agencies to speed up the event of large-scale AI infrastructure at government sites while imposing requirements and safeguards on developers constructing at those sites. It also directs certain agencies to make federal sites available <a href="https://apnews.com/article/data-centers-artificial-intelligence-technology-amazon-google-56b84cbb94942039754282afb076a87b">AI data centers</a> and latest clean energy facilities. These authorities will help facilitate the connection of infrastructure to the electricity grid and speed up the approval process.</p>
<p>While the technology industry has long relied on data centers to power online services, from email and social media to financial transactions, <a href="https://apnews.com/hub/artificial-intelligence">latest AI technology</a> Popular chatbots and other generative AI tools require much more powerful computation to construct and operate.</p>
<p>A report released last month by the Department of Energy estimated that power demand for data centers within the U.S. has tripled over the past decade and is predicted to double or triple again by 2028, when it could eat as much as 12% of the country&#39;s electricity.</p>
<p>In an announcement, Biden said AI &#8220;will have profound impacts on national security and enormous potential to improve the lives of Americans if used responsibly, from helping cure diseases to keeping communities safe.&#8221; by mitigating the consequences of climate change.”</p>
<p>“But we cannot take our leadership for granted,” the Democratic president said. “We will not allow America to become obsolete when it comes to the technology that will define the future, nor should we sacrifice important environmental standards and our collective efforts to protect clean air and water.”</p>
<p>Under the brand new rules, the departments of Defense and Energy will each discover no less than three sites where the private sector can construct AI data centers. Authorities will conduct “competitive bidding” from private firms to construct AI data centers on these federal sites, senior administration officials said.</p>
<p>Developers who construct on these properties must, amongst other things, pay for the development of those facilities and convey sufficient money with them <a href="https://apnews.com/article/climate-clean-energy-solar-wind-tax-biden-trump-16ea35d4543e95e94136cfa8174fa2b9">clean electricity generation</a> to cover the total capability needs of their data centers. Although the U.S. government leases land to an organization, that company would own the materials manufactured there, officials said.</p>
<p>With lower than every week before President-elect Donald Trump takes office, the massive query is whether or not the brand new administration will keep the brand new order in place or repeal it. A significant focus of the order is reducing bottlenecks in connecting energy-hungry data centers to latest sources of power, including renewable energy sources equivalent to wind and solar.</p>
<p>“It has to be a priority because otherwise there will be power outages and citizens or businesses will be affected,” said computer scientist Sasha Luccioni, climate director at AI company Hugging Face. “Making it easier to connect infrastructure to the grid is a no-brainer that would be useful to the next government, whatever its sustainability or climate priorities.”</p>
<p>Biden said the hassle is aimed toward accelerating the transition to wash energy in a way that&#8217;s &#8220;responsible and respectful of local communities&#8221; and doesn&#8217;t impose additional costs on the typical American. Developers chosen to construct on government sites must cover all costs of constructing and operating the AI ​​infrastructure in order that the event doesn&#8217;t increase electricity prices for consumers, the administration said.</p>
<p>Government agencies can even conduct a study on the impact of all AI data centers on electricity prices, and the Energy Department will provide technical assistance to state utility commissions in designing electricity tariffs that may support connecting latest large customers to wash energy.</p>
<p>Under the order, the Interior Department will discover properties it manages which might be suitable for clean energy development and may support data centers on government sites, administration officials said.</p>
<p>“The amounts of computing power and electricity needed to train and operate frontier models are increasing rapidly and will continue to increase,” said Tarun Chhabra, deputy assistant to the president and coordinator for technology and national security. “We expect that by around 2028, leading AI developers will seek to operate data centers with capacity of up to five gigawatts for training AI models.”</p>
<p>Large-scale deployment of AI systems also requires a broader network of knowledge centers in several parts of the country, he said.</p>
<p>&#8220;From a national security perspective, it&#39;s really important to find a way to build the data centers and energy infrastructure to support AI border operations here in the United States,&#8221; he said, adding that constructing data centers within the U.S. “will prevent adversaries from accessing these powerful systems to the detriment of our military and national security.”</p>
<p>This kind of investment can even prevent the U.S. from becoming more depending on other countries for access to AI tools, Chhabra said.</p>
<p>The executive order follows the Biden administration&#39;s order <a href="https://apnews.com/article/biden-ai-artificial-intelligence-chips-computer-trade-4495b5b4a48e856dc612e7abe3e47d20">latest restrictions proposed</a> on the export of <a href="https://apnews.com/article/biden-tech-chips-economy-jobs-micron-trump-e45216eddbd697ad5ead14879a769f7a">Artificial intelligence chips</a>an try and balance national security concerns in regards to the technology with the economic interests of producers and other countries. That proposal sparked concerns amongst chip industry executives in addition to European Union officials about export restrictions that may affect 120 countries.</p>
<p>Missing from the regulation is the query of how the water consumption of AI data centers must be managed. “In states with multiple data centers, there is growing concern about how to balance the economic development they bring with their impact on water resources as they use large amounts of water for cooling,” said J. Alan Roberson , executive director of the Association of State Drinking Water Managers.</p>
<p>“Across the country, everyone is trying to get a better idea of ​​the impact data centers have on water use now and in the future,” he said.</p>
<p>The executive order could have directed federal agencies to gather details about how much water data centers use to assist state and native officials make zoning decisions about whether to permit them, but that was not the case, he added.</p>
</p>
<p>Originally published: <time datetime="2025-01-14 07:25:40">January 14, 2025 at 7:25 am PST</time></p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Is using the Future Fund for housing, energy and infrastructure really a “plundering of Australia’s nest egg”?</title>
		<link>https://bloggingthree.soflytech.com/2024/11/is-using-the-future-fund-for-housing-energy-and-infrastructure-really-a-plundering-of-australias-nest-egg/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 22 Nov 2024 15:45:20 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Australias]]></category>
		<category><![CDATA[egg]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[fund]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[nest]]></category>
		<category><![CDATA[plundering]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19617</guid>

					<description><![CDATA[Australia has a very big “nest egg”. The Future Fund – our sovereign wealth fund founded in 2006 – now managed about $230 billion. Specifically, its mission is to “invest for the benefit of future generations of Australians”. That was a protracted time ago interpreted as achieving the very best possible return on investment without [&#8230;]]]></description>
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<p>Australia has a very big “nest egg”. The Future Fund – our sovereign wealth fund founded in 2006 – now <a href="https://www.futurefund.gov.au/">managed</a> about $230 billion. </p>
<p>Specifically, its mission is to “invest for the benefit of future generations of Australians”. That was a protracted time ago <a href="https://www.futurefund.gov.au/about-us/our-funds">interpreted</a> as achieving the very best possible return on investment without unacceptable risk. </p>
<p>Along with several other smaller public wealth funds, it&#8217;s managed independently on behalf of the federal government.</p>
<p>That&#39;s why the federal government caused anger this week when it announced a <a href="https://ministers.treasury.gov.au/ministers/jim-chalmers-2022/media-releases/future-future-fund">recent investment mandate</a> This requires, for the primary time, that certain investments in Australia be given priority:</p>
<ul>
<li>Increasing the availability of housing</li>
<li>Supporting the energy transition</li>
<li>Providing improved infrastructure</li>
</ul>
<p>These may all seem to be sensible priorities for Australia. But those that thought this directive was a departure from the Future Fund&#39;s founding goals, <a href="https://www.afr.com/policy/economy/boondoggle-investments-warning-on-labor-s-future-fund-changes-20241121-p5ksde">criticism</a> got here thick and fast. </p>
<p>Shadow Treasurer Angus Taylor <a href="https://www.canberratimes.com.au/story/8825507/coalition-vows-to-overturn-extra-future-fund-priorities/?cs=14264">accused</a> Work to “plunder Australia’s nest egg” for his own “pet projects”. </p>
<p>Peter Costello, who founded the fund as treasurer, said this was the case <a href="https://www.afr.com/policy/economy/i-would-not-have-agreed-to-future-fund-shift-20241121-p5kso9">undermine the Fund&#39;s independence</a> and result in lower returns. </p>
<p>It is entirely possible, although unclear, that the fund&#39;s commitment to prioritizing certain kinds of investments will lead to lower returns. </p>
<p>There is a more relevant query. Why can&#39;t the federal government finance these priority projects through debt as an alternative of spending government money?</p>
<hr>
<hr>
<h2>History of the fund</h2>
<p>The original purpose of the Future Fund was actually to create a pool of assets that would cover government liabilities for future public sector pensions. </p>
<p>When it was <a href="https://www.futurefund.gov.au/en/About-us">founded</a> In 2006, the Australian economy was in a golden era of budget surpluses and revenues from mining and the China boom.</p>
<figure class="align-right ">
<div class="placeholder-container" style="--aspect-ratio-percent:110.9704641350211%;--background-color:#4c5433"><img decoding="async" alt="Former Federal Treasurer Peter Costello" class="lazyload" src="https://images.theconversation.com/files/633725/original/file-20241122-15-efrg3k.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=237&#038;fit=clip" srcset="https://images.theconversation.com/files/633725/original/file-20241122-15-efrg3k.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=667&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/633725/original/file-20241122-15-efrg3k.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=667&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/633725/original/file-20241122-15-efrg3k.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=667&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/633725/original/file-20241122-15-efrg3k.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=838&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/633725/original/file-20241122-15-efrg3k.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=838&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/633725/original/file-20241122-15-efrg3k.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=838&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Peter Costello founded the Future Fund back in 2006 as treasurer and later served as chairman of the board.</span><br />
              <span class="attribution"><a class="source" href="https://photos.aap.com.au/search/20240311001915736547">Details by Bianca De Marchi/AAP</a></span><br />
            </figcaption></figure>
<p>After the national debt was paid off, the query suddenly arose in regards to the need for a market for presidency bonds (for borrowing). </p>
<p>Australia also asked whether it should invest its assets in a brand new sovereign wealth fund.</p>
<p>The idea behind the Future Fund was that Australia&#39;s surpluses wouldn&#8217;t last without end and that a serious burden the federal government would sooner or later face can be fixed pension payments to the general public sector. </p>
<p>It was decided to establish a sovereign wealth fund to finance these liabilities, thereby keeping the federal government bond market alive. </p>
<hr>
<hr>
<h2>The return of national debt</h2>
<p>As we now know with hindsight, the worldwide financial crisis ended the era of budget surpluses. This raised recent questions on the role of the longer term fund.</p>
<p>Given the rising national debt, it was not obvious that maintaining a separate giant asset just like the Future Fund continued to make sense. Why not only use it to repay debt? </p>
<p>As all the time, these questions are about basic financial engineering. </p>
<p>Hypothetically, if the federal government paid 5% interest on its debt but could earn 6% from the Future Fund&#39;s earnings, it might be higher to maintain the Future Fund running fairly than spend it on debt reduction. </p>
<p>The Future Fund now manages assets of around $230 billion. <a href="https://www.pbo.gov.au/publications-and-data/publications/2024-25-national-fiscal-outlook">National net debt</a> is forecast to exceed $880 billion in 2024-25 and is anticipated to proceed to rise. </p>
<p>The government also took advantage of this week <a href="https://ministers.treasury.gov.au/ministers/jim-chalmers-2022/media-releases/future-future-fund">notice</a> to vow that there will likely be no drawdowns on the fund until at the very least 2032-33; By then, the quantity is anticipated to grow to $380 billion. </p>
<p>Nevertheless, this fiscal equation will remain a key query for the federal government.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#a59266"><img decoding="async" alt="Houses in front of high-rise buildings in Brisbane." class="lazyload" src="https://images.theconversation.com/files/633728/original/file-20241122-15-9mm364.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/633728/original/file-20241122-15-9mm364.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/633728/original/file-20241122-15-9mm364.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/633728/original/file-20241122-15-9mm364.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/633728/original/file-20241122-15-9mm364.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/633728/original/file-20241122-15-9mm364.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/633728/original/file-20241122-15-9mm364.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">The government will direct the fund to take a position in “national priorities” – equivalent to increasing housing supply.</span><br />
              <span class="attribution"><a class="source" href="https://photos.aap.com.au/search/20220714001679160250">Jono Searle/AAP</a></span><br />
            </figcaption></figure>
<h2>Will the brand new mandate impact returns?</h2>
<p>Currently, the role of the Future Fund is to maximise returns and construct the most important possible pool to finance the federal government&#39;s future liabilities. Specifically, their mandate currently targets a return of 4-5% per yr above the inflation rate. </p>
<p>Will limiting what the fund can put money into reduce its overall return? It&#39;s fair to assume that any restrictions on investment decisions could have a negative impact on returns &#8211; and critics have actually made that time this week. </p>
<figure class="align-right ">
<div class="placeholder-container" style="--aspect-ratio-percent:145.9915611814346%;--background-color:#6c779d"><img decoding="async" alt="Solar panels seen up close" class="lazyload" src="https://images.theconversation.com/files/633734/original/file-20241122-15-46nc2m.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=237&#038;fit=clip" srcset="https://images.theconversation.com/files/633734/original/file-20241122-15-46nc2m.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=877&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/633734/original/file-20241122-15-46nc2m.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=877&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/633734/original/file-20241122-15-46nc2m.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=877&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/633734/original/file-20241122-15-46nc2m.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=1102&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/633734/original/file-20241122-15-46nc2m.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=1102&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/633734/original/file-20241122-15-46nc2m.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=1102&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">There is mixed evidence about how much impact prioritizing certain kinds of investments can have on returns.</span><br />
              <span class="attribution"><a class="source" href="https://www.shutterstock.com/image-photo/large-solar-farm-queensland-australia-1555870637">Jacqui Martin/Shutterstock</a></span><br />
            </figcaption></figure>
<p>There is evidence of how mandates equivalent to sustainability requirements impact investment returns <a href="https://www.unpri.org/pri-blog/part-iii-esg-factors-and-returns-a-review-of-recent-research/12728.article">mixed</a>. Research has shown that fastidiously constructed portfolios can achieve good performance, but this isn&#8217;t all the time the case. </p>
<p>The central questions for the Future Fund are how much money will likely be made available for such projects and the way binding the mandates are. </p>
<p>Sensible instructions to concentrate on investments in green energy, housing and similar alternative assets may make sense in a national sense, but they muddy the waters by way of public debt and the aim of the Future Fund. </p>
<h2>Should the federal government simply take out loans for projects as an alternative?</h2>
<p>An alternative to the Future Fund allocating resources to the federal government&#39;s preferred priorities can be for the federal government to easily borrow the cash itself and keep the Future Fund&#39;s assets separate. </p>
<p>If the state will support and finance these activities in any case, it doesn&#8217;t matter whether it does so through its debts or its assets. The government&#39;s net asset position is identical.  </p>
<p>Australia continues to be able to have one <a href="https://www.oecd.org/en/publications/government-at-a-glance-2023_c4200b14-en/australia_f4c8658f-en.html#:%7E:text=In%202021%2C%20Australia%20had%20a,diminished%20to%2053.8%25%20in%202022.">relatively low national debt</a> Compared to OECD countries, financing costs are low. As long as we maintain fiscal discipline, it will proceed to be the case.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Amazon invests £8 billion within the UK to construct cloud and AI infrastructure</title>
		<link>https://bloggingthree.soflytech.com/2024/09/amazon-invests-8-billion-within-the-uk-to-construct-cloud-and-ai-infrastructure/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 11 Sep 2024 03:18:18 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[billion]]></category>
		<category><![CDATA[build]]></category>
		<category><![CDATA[cloud]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[invests]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=14421</guid>

					<description><![CDATA[LONDON — Amazon Web Services (AWS), the cloud division of the U.S. e-commerce giant, announced plans to speculate £8 billion ($10.45 billion) over the subsequent five years to construct and operate data centers within the UK, expanding its cloud computing efforts within the country. The investment, announced early Wednesday morning London time, comes at a [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p>LONDON — <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Amazon<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Web Services (AWS), the cloud division of the U.S. e-commerce giant, announced plans to speculate £8 billion ($10.45 billion) over the subsequent five years to construct and operate data centers within the UK, expanding its cloud computing efforts within the country.</p>
<p>The investment, announced early Wednesday morning London time, comes at a time when cloud providers are touting the advantages of generative artificial intelligence (AI) and corporations are looking for to integrate the technology into their business.</p>
<p>&#8220;We have seen real adoption of cloud computing and AI technology among UK businesses and we know that the UK has a very ambitious digital plan,&#8221; said Tanuja Randery, managing director of Europe, Middle East and Africa at AWS, in an interview with CNBC.</p>
<p>“This helps our customers to really use cloud computing, because we need the data centers to actually be able to offer cloud computing to our customers.”</p>
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<p>Randery said generative AI is &#8220;probably the most disruptive technology we&#39;ve ever seen, possibly since the cloud and the internet,&#8221; and corporations are currently testing this young technology.</p>
<p>&#8220;We&#39;ve also seen that companies are looking at this both in terms of revenue growth and employee productivity, which, as you know, is really, really critical, but also in terms of the ability to be globally competitive.&#8221;</p>
<p>AWS, along with other cloud providers, is investing heavily in infrastructure equivalent to data centers and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">NVIDIA<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Chips to coach and run AI models. These cloud players then sell AI services to firms.</p>
<p>AWS competes with <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Microsoft<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Google<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    within the UK and the investment continues the corporate&#39;s deal with expansion in Europe. AWS announced that it plans to speculate €8.8 billion in its existing cloud infrastructure in Germany this 12 months.</p>
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<p>However, this investment comes at a time when regulators within the UK are scrutinising competition within the cloud market, with AWS and Microsoft under scrutiny. The Competitions and Markets Authority is currently investigating the UK cloud market.</p>
<p>Randery said AWS was working &#8220;very constructively&#8221; with the CMA, but authorities needed to strike a balance between regulation and innovation.</p>
<p>&#8220;We have worked very closely with governments and regulators around the world. We believe that regulation is important, but that regulation should continue to be innovation-friendly,&#8221; Randery told CNBC.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>Stuck bridges, twisted roads – extreme heat ravages America’s aging infrastructure</title>
		<link>https://bloggingthree.soflytech.com/2024/08/stuck-bridges-twisted-roads-extreme-heat-ravages-americas-aging-infrastructure/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Mon, 05 Aug 2024 13:21:59 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[aging]]></category>
		<category><![CDATA[Americas]]></category>
		<category><![CDATA[bridges]]></category>
		<category><![CDATA[extreme]]></category>
		<category><![CDATA[heat]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[ravages]]></category>
		<category><![CDATA[roads]]></category>
		<category><![CDATA[stuck]]></category>
		<category><![CDATA[twisted]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=11051</guid>

					<description><![CDATA[The record heat in summer 2024 will cause problems for transport infrastructure, from road to rail. The Third Avenue Bridge in New York, which shall be opened for boat traffic on the Harlem River, was stuck for hours after the metal expanded in the warmth and will not be closed. In several states, roads have [&#8230;]]]></description>
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<p>The record heat in summer 2024 will cause problems for transport infrastructure, from road to rail.</p>
<p>The Third Avenue Bridge in New York, which shall be opened for boat traffic on the Harlem River, was <a href="https://www.youtube.com/watch?v=BAjvc_cShYc">stuck for hours</a> after the metal expanded in the warmth and will not be closed. In several states, roads have buckled on hot days, including <a href="https://www.komonews.com/news/local/high-temperatures-buckle-section-of-skagit-county-highway-while-crews-track-road-conditions-heat-wave-driving-pavement-drivers-danger-repairs-traffic-washington-department-of-transportation-issues-monitor-crews-construction-concrete-asphalt-hotter-costs">Washington</a> And <a href="https://fox11online.com/news/local/heat-wave-causes-road-buckling-traffic-woes-across-northeast-wisconsin-winnebago-county-oshkosh-brown-county-de-pere-michael-piacenti-wisconsin-department-of-transportation-randy-asman-brown-county-highway-department">Wisconsin</a>Amtrak warned passengers hours before an all-day power outage between New York and New Jersey to arrange for heat-related problems; the risks to power lines and tracks in high temperatures are a <a href="https://www.nytimes.com/2024/07/17/us/politics/amtrak-delays-heat-extreme-weather.html">growing source of delays</a> for the railway system.</p>
<p>The indisputable fact that the increasing heat can be hitting the US infrastructure, which is already in trouble, is just not helping.</p>
<p>The American Society of Civil Engineers gave U.S. infrastructure an overall grade of C- in its latest national infrastructure report, published in 2021. While there have been some improvements – corresponding to <a href="https://infrastructurereportcard.org/cat-item/bridges-infrastructure/">7.5% of US bridges</a> were in poor condition, in comparison with over 12% a decade earlier – many bridges are aging, making them difficult to keep up. Forty percent <a href="https://infrastructurereportcard.org/cat-item/roads-infrastructure/">of the road system</a> was considered to be in poor or mediocre condition and <a href="https://constructioncoverage.com/research/us-states-with-the-worst-roads-2023">Maintenance costs have increased significantly</a>.</p>
<figure>
<p><iframe title="Third Avenue Bridge stuck open in the Bronx" width="1170" height="658" src="https://www.youtube.com/embed/84lY2YiIhCI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p><figcaption><span class="caption">Firefighters attempt to cool down the Third Avenue Bridge in New York City after the metal expanded in the warmth and the bridge couldn&#8217;t be closed. Even relatively latest bridges &#8211; this one was partially rebuilt in 2004 &#8211; can have problems in extreme heat.</span></figcaption></figure>
<p>How quickly a bridge or road deteriorates depends not only on the materials and construction methods used, but additionally on the climate in the course of the lifetime of the structure. Extreme heat has a very significant impact on transport infrastructure. As climate change progresses, the <a href="https://www.epa.gov/climate-indicators/climate-change-indicators-heat-waves">Frequency and intensity of warmth waves</a> are expected to extend and exacerbate these problems.</p>
<p><a href="https://scholar.google.com/citations?user=oz07ppcAAAAJ&#038;hl=en">I lead</a> the Smart Infrastructure and Testing Laboratory on the University of Texas at Arlington, where <a href="https://sitlab.uta.edu/dr-ham/">My team is working on ways</a> to higher monitor the structural integrity of infrastructure. Here&#39;s why infrastructure struggles in hot weather—and the way engineers are using innovations to assist extend its lifespan.</p>
<h2>Uneven highways pose a danger to drivers</h2>
<p>When a road is built, it is split into segments to <a href="https://www.dot.state.mn.us/pavementbuckle/">Make room for the extension of the sidewalk</a> in extreme heat or to contract in cold weather. Without this space, the pavement can warp because the road material heats up. Warping of concrete pavements has develop into a significant issue <a href="https://www.houstonpublicmedia.org/articles/infrastructure/2023/06/28/455539/some-houston-area-roadways-buckling-under-prolonged-high-heat/">in several states</a>.</p>
<p>Road surfaces could be liable to deformation for a wide range of reasons. The design of the pavement, the materials it&#8217;s made from, the climate during construction and the weather during its service life can all affect its lifespan, as can damage to the road and improper repairs.</p>
<p>Extreme temperatures and heavy rainfall could cause significant damage to roads and threaten the structural integrity of rail systems. In addition, sea level rise <a href="https://toolkit.climate.gov/topics/coastal-flood-risk/coastal-erosion">accelerated coastal erosion</a> that may <a href="https://documents.dnrec.delaware.gov/coastal/Documents/SeaLevelRise/MappingForWeb.pdf">Roads and railway lines undermined</a>. Deterioration of the road surface results in traffic delays and damaged vehicles. And, worst of all, it could possibly result in traffic accidents.</p>
<figure>
<p><iframe title="Roads buckle across South Central Wisconsin" width="1170" height="658" src="https://www.youtube.com/embed/OIY1Z8JwbNQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p><figcaption><span class="caption">This summer, road damage occurred throughout Wisconsin.</span></figcaption></figure>
<h2>Hot rails can expand and likewise bend</h2>
<p>Another major problem is the expansion of the rail network, especially with repeatedly welded rails corresponding to those found on the important routes utilized by trains.</p>
<p>As temperatures rise, rails expand as a result of the warmth. This expansion can result in high pressure and stress within the rail material. Combined with the forces exerted by moving trains, this pressure could cause the rails to bend sideways and <a href="https://toolkit.climate.gov/image/1001">be adjusted</a>It is typically known as “<a href="https://www.aar.org/issue/temperature-shifts/">Sun bend</a>.”</p>
<p>Bent rails pose a serious safety hazard and might result in derailments. This is certainly one of the explanations <a href="https://www.amtrak.com/planning-booking/high-temperature-operations.html">Amtrak slows down</a> in extreme heat, which regularly results in schedule delays. The Washington, DC Metro reduces the speed of its trains to <a href="https://twitter.com/wmata/status/1813276358467854607">maximum 35 miles per hour</a> as soon because the rails reach a temperature of 135 degrees Fahrenheit (57 degrees Celsius).</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:64.19098143236074%;--background-color:#5e6134"><img decoding="async" alt="" class="lazyload" src="https://images.theconversation.com/files/610392/original/file-20240730-19-skaq5h.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/610392/original/file-20240730-19-skaq5h.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=385&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/610392/original/file-20240730-19-skaq5h.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=385&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/610392/original/file-20240730-19-skaq5h.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=385&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/610392/original/file-20240730-19-skaq5h.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=484&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/610392/original/file-20240730-19-skaq5h.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=484&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/610392/original/file-20240730-19-skaq5h.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=484&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">The intense heat caused thermal expansion of the rails, which led to a bending of this section of railway.</span><br />
              <span class="attribution"><a class="source" href="https://toolkit.climate.gov/image/1001">US Department of Transportation</a></span><br />
            </figcaption></figure>
<p>Predicting these thermal loads could be difficult. Measuring rail temperature alone is just not enough, as there are various unknown aspects related to the structure and movement of the tracks. This makes it difficult to accurately predict how much the rails will expand or contract.</p>
<p>Engineers can reduce the chance of rail expansion through the use of heat-resistant materials, corresponding to <a href="https://www.railjournal.com/in_depth/next-generation-super-premium-rail-steels-hit-the-tracks/">hypereutectoid rail steel</a> and martensitic rail steel, adapting the track structure and ensuring timely repairs.</p>
<p>To prevent pavement buckling, engineers also take protective measures corresponding to using single-cut sawn joints crammed with sealant to supply flexibility while keeping water out. They may also use cold-weather concreting techniques to avoid pouring concrete in low temperatures or on cold ground, and so they can use stronger and more durable concrete. Timely repairs to pavement cracks and damage may also prevent buckling.</p>
<h2>Keep infrastructure intact</h2>
<p>Infrastructure health is analogous to human health: when doctors detect problems corresponding to tumors or cancer at a late stage, it is usually too late. Like the human body, infrastructure have to be maintained from the start to cut back costs and increase the potential for effective rehabilitation.</p>
<p>One area my department is working on is <a href="https://sitlab.uta.edu/">Non-destructive testing methods</a> for monitoring the infrastructure <a href="https://doi.org/10.1016/j.autcon.2022.104244">without causing damage or requiring long road closures</a>. </p>
<p>We use mobile scanning systems that <a href="https://www.uta.edu/news/news-releases/2019/12/18/better-bridge-inspections">almost like portable MRI machines</a> to search for weak points or defects in bridges, roads and runways. We also develop advanced sensors that use mechanical and magnetic field phenomena to evaluate the condition of infrastructure, and we use artificial intelligence to detect problems in materials.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.44562334217507%;--background-color:#6a5338"><img decoding="async" alt="A truck with a row of four scanning devices spaced at intervals behind it, each one about the size of a cinder block." class="lazyload" src="https://images.theconversation.com/files/610395/original/file-20240730-19-5mpl0i.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/610395/original/file-20240730-19-5mpl0i.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=399&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/610395/original/file-20240730-19-5mpl0i.png?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=399&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/610395/original/file-20240730-19-5mpl0i.png?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=399&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/610395/original/file-20240730-19-5mpl0i.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=501&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/610395/original/file-20240730-19-5mpl0i.png?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=501&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/610395/original/file-20240730-19-5mpl0i.png?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=501&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Devices attached to a vehicle can quickly scan a road for weak spots and defects. They function like mobile MRI machines.</span><br />
              <span class="attribution"><a class="source" href="https://sitlab.uta.edu/">Suyun Paul Ham/University of Texas, Arlington</a>, <a class="license" href="http://creativecommons.org/licenses/by-nd/4.0/">CC BY-ND</a></span><br />
            </figcaption></figure>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:37.53315649867374%;--background-color:#37464d"><img decoding="async" alt="This is what a scan looks like, with the red sections indicating defects in the lanes." class="lazyload" src="https://images.theconversation.com/files/610394/original/file-20240730-21-gwojdp.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/610394/original/file-20240730-21-gwojdp.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=225&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/610394/original/file-20240730-21-gwojdp.png?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=225&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/610394/original/file-20240730-21-gwojdp.png?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=225&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/610394/original/file-20240730-21-gwojdp.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=283&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/610394/original/file-20240730-21-gwojdp.png?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=283&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/610394/original/file-20240730-21-gwojdp.png?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=283&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">A scan of a bridge deck reveals weak points.</span><br />
              <span class="attribution"><a class="source" href="https://sitlab.uta.edu/project/">Intelligent Infrastructure and Testing Laboratory/University of Texas, Arlington</a></span><br />
            </figcaption></figure>
<p>Infrastructure will face increasing challenges because the climate changes and roads, bridges and other infrastructure age. The large variety of roadway collapses and other problems this summer underscores the urgent need for resilient infrastructure that may withstand the longer term.</p>
</p></div>
<p><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script><br />
<br /><em>image credit : theconversation.com</em></p>
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		<title>Microsoft is investing $1.7 billion in AI infrastructure in Indonesia</title>
		<link>https://bloggingthree.soflytech.com/2024/04/microsoft-is-investing-1-7-billion-in-ai-infrastructure-in-indonesia/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 30 Apr 2024 09:46:33 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[billion]]></category>
		<category><![CDATA[Indonesia]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[Microsoft]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=2075</guid>

					<description><![CDATA[Microsoft On Tuesday, the corporate said it is going to pump $1.7 billion into Indonesia over the subsequent 4 years to construct recent cloud and AI infrastructure. The announcement got here as CEO Satya Nadella met with Indonesian President Joko Widodo on the identical day. Microsoft said the funds may even go toward training 840,000 [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Microsoft<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    On Tuesday, the corporate said it is going to pump $1.7 billion into Indonesia over the subsequent 4 years to construct recent cloud and AI infrastructure.  The announcement got here as CEO Satya Nadella met with Indonesian President Joko Widodo on the identical day.</p>
<p>Microsoft said the funds may even go toward training 840,000 Indonesians in AI skills and supporting the local developer community.</p>
<p>“This new generation of AI is changing the way people live and work everywhere, including in Indonesia,” Microsoft Chairman and CEO Nadella said in a press release <a href="https://news.microsoft.com/apac/2024/04/30/microsoft-announces-us1-7-billion-investment-to-advance-indonesias-cloud-and-ai-ambitions/#:~:text=Jakarta%2C%20April%2030%2C%202024%20%E2%80%93,the%20nation's%20growing%20developer%20community." target="_blank" rel="noopener">opinion</a>.</p>
<p>“The investments we are announcing today – in digital infrastructure, skills and developer support – will help Indonesia thrive in this new era,” Nadella said.</p>
<p>Microsoft also said it is going to work with governments, organizations and communities to offer AI skills training opportunities to 2.5 million people in Association of Southeast Asian Nations member states by 2025.</p>
<p>Nadella met with Jokowi in Jakarta on Tuesday to debate topics resembling technological and AI breakthroughs that may help Indonesia progress, it said <a href="https://en.antaranews.com/news/312063/president-jokowi-to-receive-visit-of-microsoft-ceo-on-tuesday" target="_blank" rel="noopener">Indonesian news agency Antara</a>.</p>
<p>Indonesia desires to develop into a developed country as outlined in its agreement <a href="https://setkab.go.id/en/president-jokowi-reveals-strategies-to-achieve-2045-golden-indonesia-vision/" target="_blank" rel="noopener">Golden Vision Indonesia 2045</a>The goal is to make the country a worldwide economic power by 2045.</p>
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<p>Microsoft&#39;s investment will allow the corporate to capitalize on increasing demand for cloud computing services in Indonesia and permit the country to capitalize on the economic and productivity opportunities created by AI, the tech giant said.</p>
<p>Coordinating Minister for Human Development and Culture Muhadjir Effendy said this in January <a href="https://en.antaranews.com/news/303693/minister-outlines-five-targets-to-achieve-golden-indonesia-2045" target="_blank" rel="noopener">Indonesia faces major challenges</a> in training its workforce to be competitive in a technological and globalized age.</p>
<p><a href="https://en.antaranews.com/news/303693/minister-outlines-five-targets-to-achieve-golden-indonesia-2045" target="_blank" rel="noopener">Indonesia has a growing, young and tech-savvy population</a> with Generation Z – those born between 1997 and 2012 – making up almost 28% of the population, or 75.49 million people.  The variety of Millennials, those born between 1981 and 1996, reached 69.9 million people, or 25.9% of the population.</p>
<p>Microsoft opened its first data center region in Indonesia in 2021 to satisfy customer needs for storing data within the country.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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