Toggle light / dark theme

Quoted: “Traditional law is a form of agreement. It is an agreement among people and their leaders as to how people should behave. There are also legal contracts between individuals. These contracts are a form of private law that applies to the participants. Both types of agreement are enforced by a government’s legal system.”

“Ethereum is both a digital currency and a programming language. But it is the combination of these ingredients that make it special. Since most agreements involve the exchange of economic value, or have economic consequences, we can implement whole categories of public and private law using Ethereum. An agreement involving transfer of value can be precisely defined and automatically enforced with the same script.”

“When viewed from the future, today’s current legal system seems downright primitive. We have law libraries — buildings filled with words that nobody reads and whose meaning is unclear, even to courts who enforce them arbitrarily. Our private contracts amount to vague personal promises and a mere hope they might be honored.

For the first time, Ethereum offers an alternative. A new kind of law.”

Read the article here > http://etherscripter.com/what_is_ethereum.html

Quoted: “IBM’s first report shows that “a low-cost, private-by-design ‘democracy of devices’ will emerge” in order to “enable new digital economies and create new value, while offering consumers and enterprises fundamentally better products and user experiences.” “According to the company, the structure we are using at the moment already needs a reboot and a massive update. IBM believes that the current Internet of Things won’t scale to a network that can handle hundreds of billions of devices. The operative word is ‘change’ and this is where the blockchain will come in handy.”

Read the article here > https://99bitcoins.com/ibm-believes-blockchain-elegant-solut…of-things/

Jason Koebler — MotherBoard

http://motherboard-images.vice.com/content-images/article/20326/1427390573566811.png?crop=1xw:0.8160465116279069xh;*,*&resize=2300:*&output-format=jpeg&output-quality=90
It’s increasingly looking like the plane that crashed Monday in France, killing 150 people, went down because one of the pilots ​turned off the autopilot and intentionally crashed it into the ground. Why are we still letting humans fly passenger planes?

The short answer is, we’re not really. It’s no secret that planes are already highly automated, and, with technology that’s available today (but that isn’t installed on the Airbus A320 operated by Germanwings that crashed), it would have been possible for someone in a ground station somewhere to have wrested control of the plane from those on board and reestablished autopilot (or to have piloted the plane from the ground)Read more

One of the things that I’ve always liked about Star Trek, is the concept of a galaxy spanning civilization. I would expect that before we ever get to that point, we will have a civilization that spans our solar system. Having a solar system spanning civilization has many advantages. It would give us access to resources many times greater than what is found here on Earth. It also provides the opportunity for civilization to expand, and in a worst case scenario, help ensure the survival of humanity.

Millions of people living in spacious environmentally controlled cities on planetary surfaces and in rotating cylinders in free space, with industry that extends from Mercury to the comets is to me, a grand vision worthy of an ambitious civilization. But trying to make that vision a reality will be difficult. The International Space Station has the capacity to house just six people and cost approximately $100B to put in place. With a little simple division, that works out to about $17B per inhabitant! If we used that admittedly crude figure, it would cost $17 trillion to build a 1,000 person habitat in Earth orbit. Clearly, the approach we used to build the ISS will not work for building a solar system civilization!

The ISS model relies on building everything on Earth, and launching it into space. A different model championed by Dr. Philip Metzger, would develop industrial capacity in space, using resources close to home, such as from the Moon. This has the potential to greatly reduce the cost of building and maintaining systems in space. But how to develop that industrial capacity? Remember we can’t afford to launch and house thousands of workers from Earth. The answer it would seem, is with advanced robotics and advanced manufacturing.

But is even this possible? The good news is that advanced robotics and advanced manufacturing are already being rapidly developed here on Earth. The driver for this development is economics, not space. These new tools will still have to be modified to work in the harsh environment of space, and with resources that are different from what are commonly used here on Earth. While learning to adapt those technologies to the Moon and elsewhere in the solar system is not trivial, it is certainly better that having to develop them from scratch!

Advanced robots are already having a very positive impact on our economy and play a significant role in what is referred to as next shoring. Next shoring is the move to bring manufacturing closer to the customer. For U.S. customers, that means the return of manufacturing to the U.S. This only makes business sense if the manufacturing costs are as low or lower here, than elsewhere. It is evident that the labor share of manufacturing is lower in those countries that have a high degree of automation. We are getting closer and closer to the cost of materials and transportation being the main drivers in manufactured goods. This is just what we would like to see happen for our solar system civilization. Developing materials and transportation systems from local resources through automation will drive down the cost of opening up the solar system.

While this is great news for developing space, there are implications for our terrestrial civilization. Remember the push for automation in manufacturing isn’t driven by a space need, it is driven by Earthly economics. That means getting to market faster with a better product and at a lower cost. The implication to our terrestrial civilization is twofold. First, manufacturing corporations see greater productivity per employee. This makes sense in that you can increase productivity by adding robots while maintaining or even reducing the workforce. This equates to greater profits and happier shareholders! The downside of that increased productivity however, is a reduction in job growth, if not an outright decline. The very technologies that will make a solar system civilization possible may very well stifle the job market here.

Are people worried about this? You bet they are! This issue became apparent at the 2015 SXSW Festival in Texas. At that event a protest (a staged marketing stunt as reported in IO9) to “stop the robots,” occurred. Much to the surprise of the organizers, this protest generated a lot more attention than they planned, and was picked up by multiple news organizations. It would seem that this interest is driven by very real personal concerns that people have about losing jobs to robots.

Now this is where things get interesting. Economics is driving the development of advanced robots. These advanced robots enable space development but can potentially hurt the job market. From a systems viewpoint, we cannot champion the arrival of advanced robots as a boon for both industry and space development, without considering the potential downside.

People need jobs, and not surprisingly, they particularly like important work. We need to welcome the benefits that advanced robotics bring and at the same time, we need to be proactive in stepping up to the challenges that come along with the benefits. There are lots of ways to address this issue, but it is apparent from the concern shown at SXSW, that this is a conversation that needs to begin sooner rather than later.

We do live in a changing world, which is changing at an ever increasing pace. As leaders, we can chose to either react to the changes being brought on by a growing robotic workforce, or we can chose to lead the transformation of our institutions to successfully accommodate that change. If we chose to lead, the first step, as identified by Professor John Kotter, is a sense of urgency. That sense seems already to be building. Next steps are to develop a vision for ways to accommodate the necessary changes, and building coalitions necessary to implement it. It might be wise to start looking at these steps now.

Like any complex problem, multiple approaches will most likely be needed in order to address workforce disruption. With broad discussion, planning and leadership now, we can mitigate the downside issues, while enabling a strengthened economy now and a bright future among the stars.

Mark

Quoted: “Blockchains are thus an intriguing model for coordinating the full transactional load of any large-scale system, whether the whole of different forms of human activity (social systems) or any other system too like a brain. In a brain there are quadrillions of transactions that could perhaps be handled in the universal transactional system architecture of a blockchain, like with Blockchain Thinking models.”

Read the IEET brief here > http://ieet.org/index.php/IEET/more/swan20150217

Written by Victoria Turk — Motherboard

In 2013, researchers Carl Frey and Michael Osborne of the Oxford Martin School dropped the bombshell that 47 percent of U​S jobs were at risk of computerisation. Since then, they’ve made similar predicti​ons for the UK, where they say 35 percent of jobs are at high risk.

So what will our future economy look like?

“My predictions have enormously high variance,” Osborne told me when I asked if he was optimistic. “I can imagine completely plausible, incredibly positive scenarios, but they’re only about as probable as actually quite dystopian futures that I can imagine.”
Read more

By –Singularity Hub

http://cdn.singularityhub.com/wp-content/uploads/2014/12/why-teaching-everyone-to-code-is-delusional-11-1000x400.jpg

Since 2005, I’ve been grappling with the issue of what to teach young people. I’ve written curricula for junior high students in the US, for a UNICEF program reaching students in a dozen countries, and now, for East African young people as they become financially literate and business savvy.

Through the years, I’ve watched program directors demand young people focus on foolish content because it lined up with something trending in the public discourse—units on climate change; modules about using social media to share stories; lessons on agricultural policy; and so forth.

What have I learned? The attention of a young person is tremendously valuable. We should stop teaching them whatever makes us feel good and get honest about the next fifteen years.

Read more

New Book: An Irreverent Singularity Funcyclopedia, by Mondo 2000’s R.U. Sirius.

Posted in 3D printing, alien life, automation, big data, bionic, bioprinting, biotech/medical, complex systems, computing, cosmology, cryptocurrencies, cybercrime/malcode, cyborgs, defense, disruptive technology, DNA, driverless cars, drones, economics, electronics, encryption, energy, engineering, entertainment, environmental, ethics, existential risks, exoskeleton, finance, first contact, food, fun, futurism, general relativity, genetics, hacking, hardware, human trajectories, information science, innovation, internet, life extension, media & arts, military, mobile phones, nanotechnology, neuroscience, nuclear weapons, posthumanism, privacy, quantum physics, robotics/AI, science, security, singularity, software, solar power, space, space travel, supercomputing, time travel, transhumanism

Quoted: “Legendary cyberculture icon (and iconoclast) R.U. Sirius and Jay Cornell have written a delicious funcyclopedia of the Singularity, transhumanism, and radical futurism, just published on January 1.” And: “The book, “Transcendence – The Disinformation Encyclopedia of Transhumanism and the Singularity,” is a collection of alphabetically-ordered short chapters about artificial intelligence, cognitive science, genomics, information technology, nanotechnology, neuroscience, space exploration, synthetic biology, robotics, and virtual worlds. Entries range from Cloning and Cyborg Feminism to Designer Babies and Memory-Editing Drugs.” And: “If you are young and don’t remember the 1980s you should know that, before Wired magazine, the cyberculture magazine Mondo 2000 edited by R.U. Sirius covered dangerous hacking, new media and cyberpunk topics such as virtual reality and smart drugs, with an anarchic and subversive slant. As it often happens the more sedate Wired, a watered-down later version of Mondo 2000, was much more successful and went mainstream.”

Read the article here >https://hacked.com/irreverent-singularity-funcyclopedia-mondo-2000s-r-u-sirius/

Quoted: “Tony Williams, the founder of the British-based legal consulting firm, said that law firms will see nearly all their process work handled by artificial intelligence robots. The robotic undertaking will revolutionize the industry, “completely upending the traditional associate leverage model.” And: “The report predicts that the artificial intelligence technology will replace all the work involving processing information, along with a wide variety of overturned policies.”

Read the article here > https://hacked.com/legal-consulting-firm-believes-artificial…yers-2030/

Quoted: “If you understand the core innovations around the blockchain idea, you’ll realize that the technology concept behind it is similar to that of a database, except that the way you interact with that database is very different.

The blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one of the key concepts behind the Bitcoin revolution that need to be well understood. In this post, I’d like to explain 5 of these concepts, and how they interrelate to one another in the context of this new computing paradigm that is unravelling in front of us. They are: the blockchain, decentralized consensus, trusted computing, smart contracts and proof of work / stake. This computing paradigm is important, because it is a catalyst for the creation of decentralized applications, a next-step evolution from distributed computing architectural constructs.

Screen Shot 2014-12-23 at 10.30.59 PM

Read the article here > http://startupmanagement.org/2014/12/27/the-blockchain-is-th…verything/