Rick Richardson, Author at CPA Trendlines

Study: Solar Will Lead Global Energy by 2050

Are green energy sources now more economical than fossil fuels?

By Rick Richardson
Technology This Week

According to a recent study, solar power, also called photovoltaics or PV, is expected to overtake all other power sources globally by the year 2050. The analysis shows that even in the absence of extra climate legislation, the change is likely to happen, yet at least four obstacles might impede solar energy’s growth and guarantee the continued use of fossil fuels.

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“Historical policy to stimulate solar PV has brought down costs. We’re now at the point that a virtuous cycle between cost declines and additional deployment doesn’t require more ambitious policies targeting solar anymore,” says study team member Femke Nijsse, a climate and energy systems researcher at the University of Exeter in the UK. “More ambitious policies for other renewables [are] still needed.”

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FCC Approves Superfast Wi-Fi Tethering

New mobile virtual and augmented reality devices are coming soon, thanks to the FCC’s ruling.

By Rick Richardson
Technology This Week

On the same day it voted to restore net neutrality laws, the FCC unanimously approved plans by several tech companies to use the 6GHz range for wireless devices.

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FCC Chair Jessica Rosenworcel suggested the new regulations, and they would allow meager power (VLP) operations – which means their signals won’t be able to travel very far – in about 850 MHz of the spectrum. Under the regulations, devices may “use higher power levels” if they are geofenced to avoid interfering with genuine permitted 6GHz usage. Additionally, the FCC will be accepting opinions on ways it can increase the use of the 6GHz spectrum by technological devices.

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Bill Gates Says America Has a Math Problem

The philanthropist offered three ways to fix America’s math issues.

By Rick Richardson
Technology This Week

When Bill Gates was in eighth grade, a teacher asked him why he was “so lazy” in math class. He responded, rather boldly, that the class was “not doing anything interesting.”

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The co-founder of Microsoft and philanthropist is quite talented at math and likes it, but he also admits that math is “America’s least favorite subject.”

In essence, Gates claims that math education hasn’t advanced to match the pace of society.

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How AI Works in Plain English

Check out these three reads to understand AI and how to leverage it for business.

By Rick Richardson
Technology This Week

Science fiction author Arthur C. Clarke once said, “Any sufficiently advanced technology is indistinguishable from magic.” Yet artificial intelligence isn’t magic, and you don’t need to be a computer scientist to understand how ChatGPT works.

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If it hasn’t already, AI will soon be present in your home and business. Ideally, you should be ready.
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New Tech Could Let EVs Go 3,000 Miles on a Single Charge

Imagine driving across America and not stopping for gas.

By Rick Richardson
Technology This Week

A substantial advancement in battery technology has been made in the quickly developing field of electric vehicles (EVs), offering an unparalleled increase in energy storage capabilities. This finding couldn’t have come at a better moment, given the exponential rise the electric vehicle sector is currently experiencing.

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The energy storage capacity of batteries can now be increased tenfold according to a ground-breaking method developed by researchers at the Pohang University of Science & Technology (POSTECH). This invention could change the face of the entire electric vehicle market in addition to advancing battery technology. Here’s how:

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Major Websites Blocking Content from AI Crawlers

Amazon, Quora and Indeed are three major websites that prohibit ChatGPT’s bot.

By Rick Richardson
Technology This Week

According to recent data from content detector Originality.AI, nearly 20 percent of the top 1000 websites in the world are restricting crawler bots that collect web data for AI services.

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Big and small websites are taking matters into their own hands because there are no clear legal or regulatory guidelines limiting AI’s usage of intellectual information.

Early in August, OpenAI unveiled its GPTBot crawler, claiming that the information obtained “might improve future models,” assuring that paywalled content will be omitted and providing instructions on how to block the crawler on websites. READ MORE →

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What Is an HEIC File?

Drop the JPGs for better storage capacity.

By Rick Richardson
Technology This Week

On all iPhones and iPads, the default image format is HEIC. Along with Apple, HEIC files are supported by Canon, Sony, Qualcomm and Samsung.

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Here is all the information you need about the HEIC file format.

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AI + MRI = Diseases That Doctors Might Miss

Could this patented AI algorithm predict metabolic abnormalities up to a half-decade in advance?

By Rick Richardson
Technology This Week

An artificial intelligence platform developed by a British health tech business can analyze MRI data to look for early signs of sickness. The company’s strategy, which employs imaging biomarkers, promises better disease diagnosis and treatment decision-making.

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Twinn Health claims to be advancing longevity and preventive healthcare thanks to a $500 million venture capital fund from Saudi Aramco.
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Rick Richardson

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Rick Richardson, CPA.CITP, CGMA, is the CEO and founder of Richardson Media & Technologies and editor and publisher of Technology This Week, regularly featured at CPA Trendlines under special arrangement.

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Technology This Week provides an easy to read digest of the technology that tax and accounting practitioners need to know to better serve their clients. Professionals rely on Richardson to tell them in a timely and informative manner what’s new in technology and how it will impact their business and personal lives. Subscribers also have access to the entire library of prior issues with an easy-to-use search.

With all of the news sources available today, it's next to impossible to keep up with what's new in the world of technology. Technology This Week is a 20-minute read designed for an average reader rather than the technologist. Richardson had a 28-year career in technology with Ernst & Young, the last twelve years of which he served as National Director of Technology. He has been named to the "Technology 100" – the annual honors list of the 100 key achievers in technology in America. He has also been honored by the American Institute of CPAs with two lifetime achievement awards for his contributions to the profession in the field of technology. In 2012, Rick was inducted into the Accounting Hall of Fame by CPA Practice Advisor Magazine. He has also been named to the 100 most influential individuals in the accounting profession in America by Accounting Today magazine. He is a sought-after speaker around the world, providing his annual forecast of future technology trends to thousands of business executives, professionals, community leaders, educators, and students.

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