{"id":38886,"date":"2013-06-07T20:22:47","date_gmt":"2013-06-08T00:22:47","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=38886"},"modified":"2013-06-07T20:22:47","modified_gmt":"2013-06-08T00:22:47","slug":"money-weekends-futurewatch-8-june-2013","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/06\/07\/money-weekends-futurewatch-8-june-2013\/","title":{"rendered":"Money Weekend\u2019s FutureWatch: 8 June 2013"},"content":{"rendered":"

By MoneyMorning.com.au<\/u><\/a> <\/p>\n

Technology: Powering the Body Starts With The Mind<\/h2>\n<\/p>\n

We’ve been talking about revolutions over the last few weeks. And there’s no doubt one of the most amazing developments over the next few years will be utilising the power of the mind.<\/p>\n

Mind control is one aspect of this. Using the power of your mind to manipulate, enhance and control your environment is life changing.<\/p>\n

An example of mind control research and development is happening right now. A group of European universities and companies<\/a> have developed an exoskeleton for people with paralysis. <\/p>\n

This is certainly not the first exoskeleton developed for people with paralysis. Other examples include the Ekso<\/a> which is one of the finest pieces of tech to arrive in years.<\/p>\n

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<\/a>However, this new device is quite different. Because it’s powered by the mind. Simply thinking about walking the bionic legs makes it work.<\/p>\n

It’s the same process that non-paralysed people use when they walk. Just think, ‘I’m going to walk’ and you do. Of course in the early stages of development, it’s a little more involved than that. The user must concentrate on each leg rather than the simple process of ‘walk’. <\/p>\n

But the team are the right track to getting this perfected. So far the trials enable the user to stand and walk about 15 steps powered by thought.<\/p>\n

The team hope to have a commercialised version with all the kinks smoothed out within 3 years.\n<\/p>\n<\/div>\n

It’s another great step forward in bionics and science. As we’ve said before, not one single technology<\/strong> will be the answer for everyone. But collaboration like this certainly shows us the potential for great minds to help solve great problems.<\/p>\n

Health: The Far Reaching Benefits of The App Economy<\/h2>\n<\/p>\n

‘[it’s] the biggest technology breakthrough of our time [being used] to address our greatest national challenge’<\/em> – Kathleen Sebelius, US Health and Human Services Secretary<\/p>\n

Kathleen was talking about Mobile Health Technology (mHealth). <\/p>\n

Make no mistake about it, the future of medicine<\/strong> is rapidly changing. The future practice of medicine will adopt mHealth as the norm. <\/p>\n

Already there are companies heavily involved in the development of mHealth apps. They are creating multi-million dollar businesses because of this trend.<\/p>\n

And there’s proof behind this change. The Economist Intelligence Unit gave Price Waterhouse Coopers (PwC) the directive to produce a report on the impact mHealth will have on society. We had a good look through the report this week.<\/p>\n

Three of the key findings from the report include;<\/p>\n