Business and Management INK

What Does the Future Hold?

January 1, 2015 759

gaia-shine-1158741-mWelcome to 2015! You may have already noticed that the hover boards and flying cars we were promised in “Back to the Future Part II” have failed to appear. There also seems to be a severe lack in the teleportation and time machine department. That summer home on Venus? Better use that money on something a little more practical.

Fortunately, the future is brimming with possibility. All one needs to ask is: what if? That’s what drove the authors in the latest issue of World Future Review. Can genetic modification ensure the survival of humanity? Will the internet evolve into a “global brain”? What role will intelligence machines play in the workforce?

Thomas Simko and Matthew Gray even apply the question of “what if” to the current energy crisis in their article “Lunar Helium-3 Fuel for Nuclear Fusion: Technology, Economics, and Resources.”

The abstract:

Nuclear fusion of helium-3 (3He) can be used to generate electrical power with little or no WFR_72ppiRGB_powerpointradioactive waste and no carbon emissions. Some forty-four tons of this fuel could meet the electricity needs of the United States for a year. Although rare on Earth, an estimated one million tons of 3He has collected on the surface of the moon. While it would cost approximately US$17 billion to develop a mine producing one ton of 3He per year, such an operation is commercially viable over the medium term given the estimated value of that ton of fuel: US$3.7 billion. This article outlines the technical and economic issues related to 3He and its extraction, and it presents a novel approach to estimating the worth of the fuel. The potential of 3He as a future energy source is set in the context of global energy forecasts and international efforts to investigate lunar 3He resources—including a recent Chinese mission.

You can read this issue of World Future Review for free for the next two weeks! Click here to view the Table of Contents. Want to keep up on all the latest research from World Future Review? Click here to sign up for e-alerts!

Business and Management INK puts the spotlight on research published in our more than 100 management and business journals. We feature an inside view of the research that’s being published in top-tier SAGE journals by the authors themselves.

View all posts by Business & Management INK

Related Articles

How Do Firms Create Government Regulations?
Business and Management INK
April 18, 2024

How Do Firms Create Government Regulations?

Read Now
Challenging, But Worth It: Overcoming Paradoxical Tensions of Identity to Embrace Transformative Technologies in Teaching and Learning
Business and Management INK
March 27, 2024

Challenging, But Worth It: Overcoming Paradoxical Tensions of Identity to Embrace Transformative Technologies in Teaching and Learning

Read Now
Data Analytics and Artificial Intelligence in the Complex Environment of Megaprojects: Implications for Practitioners and Project Organizing Theory
Business and Management INK
March 21, 2024

Data Analytics and Artificial Intelligence in the Complex Environment of Megaprojects: Implications for Practitioners and Project Organizing Theory

Read Now
Putting People at the Heart of the Research Process
Business and Management INK
March 20, 2024

Putting People at the Heart of the Research Process

Read Now
Coping with Institutional Complexity and Voids: An Organization Design Perspective for Transnational Interorganizational Projects

Coping with Institutional Complexity and Voids: An Organization Design Perspective for Transnational Interorganizational Projects

Institutional complexity occurs when the structures, interests, and activities of separate but collaborating organizations—often across national and cultural boundaries—are not well aligned. Institutional voids in this context are gaps in function or capability, including skills gaps, lack of an effective regulatory regime, and weak contract-enforcing mechanisms.

Read Now
Empowering David: How Smaller Firms Reconfigure National Dependency on Foreign Multinationals in the Era of Disruptive Technological Change

Empowering David: How Smaller Firms Reconfigure National Dependency on Foreign Multinationals in the Era of Disruptive Technological Change

In this article, Sonja Avlijaš, Pavle Medić, and Kori Udovički reflect on foreign direct investment (FDI) and the way it impacts the development of political economies.

Read Now
The Complexities of Making Key Career Decisions

The Complexities of Making Key Career Decisions

practice. Career decision-making is a process that is difficult to analyze because it is much more complex than selecting the best option in a one-off choice.

Read Now
0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments