#463 – PROPERTY INSURERS UNABLE TO COVER CLIMATE RISKS: WHO PAYS – BOB LEONARD

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One of the world’s largest insurance companies has warned businesses that they simply can’t ignore the financial impacts of extreme weather any longer.

“Climate change is leading to more severe weather events, resulting in increasing impacts on economies,” Swiss Re’s group chief economist Jérôme Jean Haegeli said. “Therefore, it becomes even more crucial to take adaptation measures. Risk reduction through adaptation fosters insurability.” Continue reading

#463 – HOW TO CONNECT RELIABILITY GOALS TO BUSINESS OBJECTIVES – FRED SCHENKELBERG

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Reliability goals provide you and your team a focus for the reliability program. They provide a measurable way to design, test, and maintain systems that meet customer expectations.

A goal of any kind in a business is relatively easy to set and publish. They are not easy to entwine into the culture of the organization so the objectives desired by achieving the goal become a meaningful focus. A product development team may have hundreds of pages of specifications and a long list of priorities and objectives. Simple listing a reliability goal, no matter how clearly stated, may not be sufficient to garner the interest of your team. Continue reading

#463 – HAS BOEING LOST ITS WAY – BILL POMFRET PH.D.

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2024 has been another miserable year for Boeing. Not only has it struggled to cope with a safety and quality control crisis, but it has also lost billions of dollars following a strike by workers that paralysed production at two of its biggest factories.

Even its space programme has been in trouble. Two astronauts were left stranded on the International Space Station in June after their Boeing Starliner capsule developed a potential fault, which would have made returning to Earth in it too dangerous. Continue reading

#462 – AI IS RESHAPING THE POWER GRID – ANURAG SRIVASTAVA PH.D.

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Across the U.S. and worldwide, energy demand is soaring as data centers work to support the wide and growing use of artificial intelligence. These large facilities are filled with powerful computers, called servers, that run complex algorithms to help AI systems learn from vast amounts of data. Continue reading

#462 – FIGHTING SUPERBUGS WITH AI – BILL POMFRET PH.D.

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Canadians aren’t worried enough about superbugs. As bacteria develop immunity to the antibiotics in our limited arsenal, new treatments will be needed—and soon. Otherwise, routine medical procedures will become impossible, common infections will turn fatal and tens of millions of people will die every year of once curable infections. Superbugs are teeny-tiny time bombs. Thankfully, researchers like Jon Stokes are racing to get new antibiotics to the finish line faster. Continue reading