📊 EV’s Charts of the Week #59
Hi, I’m Azeem Azhar. I convene Exponential View to help us understand how our societies and political economy will change under the force of rapidly accelerating technologies.
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Charts of the week
We’re spending more and more of our waking hours using our phones. The average Brazilian packing nearly five-and-a-half hours per day on the devices. It’s roughly a third of our waking hours, with a marked increase since the pandemic started. Globally, humans downloaded 230 billion apps in 2021. Source: App Annie
Fintech funding flows to the Middle East
2021 saw record funding to fintech in the Middle East and Africa. Source: Ronit Ghose
One hell of a beast
Bitcoin’s hash rate, the network’s computational power, is back. It dropped 54% when China instituted a proof of work hashing ban. The US and Kazakhstan have taken up the reigns, although the recent unrest in Kazakhstan has hit miners there. The network proves incredibly resilient. Source: Glassnode
Dept of carbon
Later today, you’ll have a chance to hear my conversation with entrepreneur Michelle You, whose startup Supercritical is on a mission to help tech companies better measure, reduce, and remove carbon emissions. Subscribe to the podcast to get the episode once it’s out, and as a warm-up, here’s an overview of the state of carbon markets.
All over the map
Carbon pricing is patchy and inconsistent. Prices per ton of emissions range from less than a dollar to $142 per ton. Source: Citi GPS