” … Paul Tudor Jones co-founded JUST Capital to fix the ills of corporate capitalism by identifying the most just or “good” companies. Will it work?”
Set on Sir Richard Branson’s Necker Island, the third annual Blockchain Summit, hosted by BitFury, a leading full service Blockchain company, and Bill Tai, a venture investor and technologist, has come to a close. This event was an intimate, if perfectly balanced, gathering of technology, policy, investment and business leaders from around the world and across sectors. Topics ranged from the public policy implications of what is being heralded as a foundational technology, to new emerging business models that can ride on the very rails that enabled the global bonanza of digital currencies like Bitcoin. A key question that underpinned the Summit is if Blockchain could not have existed without the Internet, what could not exist without Blockchain?
Blockchain technology can undoubtedly change industries, especially those that labor under often byzantine, opaque and friction-laden business models. While many of the early pioneers are focusing on finance and insurance, the opportunities for this radical technology may very well reorder society as we know it. The remarkable case of Estonia, for example, shows a country reinventing itself into a future-proof digital state, where citizen services are rendered nearly instantaneously and to people all over the world. Similarly, promising work inspired by the famed Peruvian economist, Hernando de Soto, on improving land registries is being carried out by BitFury in a host of countries. With land and property being the two largest assets people will own — and the principal vehicle of value creation and wealth transfer — an unalterable, secure and transparent registration process should give the world comfort and elected leaders longevity.
What drives this unique technology is the power of distributed singularity, from which Blockchain’s identity pioneers like Dr. Mariana Dahan, who launched the World Identity Network on Necker Island, and Vinny Lingham of Civic, draw their inspiration. Blockchain operates on the basis of a distributed ledger (or database) system, inexorably marching forward recording and time-stamping transactions or records. While some may herald Bitcoin as Blockchain’s “killer app,” it is easy to maintain that the killer app is not the digital currencies that ride on Blockchain’s rails, but rather the rail system altogether. Two trains can ride on rails. But a high-speed maglev train is a decidedly faster mode of transport than a steam engine. Just as the maglev makes little or no contact with the rails enabling low-friction transport, the Blockchain can greatly reduce the friction in how the world transfers and records value.
Continue reading “Blockchain and the Power of Singularity” »
Death, taxis and technology: titles in the running for this year’s Financial Times and McKinsey Business Book of the Year give a new twist to the old maxim about certainty.
The 17 books on the 2017 longlist include analyses of the implications of world-changing innovations, from the iPhone to drones; a lively account of the rise of Uber; and a sobering history of the role war, plague and catastrophe have played in shaping our economies.
Titles about the relentless march of technology dominate the FT/McKinsey annual prize.
SAN FRANCISCO (Reuters) — Amazon.com Inc is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business.
The world’s biggest online retailer has discussed selling ready-to-eat dishes such as beef stew and a vegetable frittata as soon as next year, officials at the startup firm marketing the technology told Reuters.
The dishes would be easy to stockpile and ship because they do not require refrigeration and could be offered quite cheaply compared with take-out from a restaurant.
Nextbigfuture interviewed Naveen Jain at the Singularity University Global Summit. Naveen K. Jain is a business executive, entrepreneur and the founder and former CEO of InfoSpace and a fonder of Moon Express, Viome, World Innovation Institute, Bluedot, iNome, TalentWise and Intelius. He was Ernst and Young’s Entrepreneur of the Year, Silicon India’s “Most Admired Serial Entrepreneur,” and the receiver of “Albert Einstein Technology Medal” for his pioneers in technology, he has been repeatedly honored for his entrepreneurial successes. Red Herring also recognized him as one of the “Top 20 Serial Entrepreneurs” and with the “Lifetime Achievement Award.” In 2015, Naveen Jain had a net worth of $2.2 billion.
How the tech billionaires are planning to send you into space.
John Thornhill investigates whether big government or big business will fund the future of space exploration.
The robot is building a tesseract. He motions at a glowing cube floating before him, and an identical cube emerges. He drags it to the left, but the two cubes stay connected, strung together by glowing lines radiating from their corners. The robot lowers its hands, and the cubes coalesce into a single shape—with 24 square faces, 16 vertices, and eight connected cubes existing in four dimensions. A tesseract.
This isn’t a video game. It’s a classroom. And the robot is Brian Greene, a physicist at Columbia University and bestselling author of several popular science books. His robot avatar teaches a semicircle of student robots, each wearing a shoulder badge of their home country’s flag. The classroom is outer space: Greene and the arc of student-robots orbit Earth. After he shows the students the tesseract, Greene directs his class to try making four, five, even six dimension objects. This is a virtual reality course on string theory; the lesson happens to be about objects with more than three dimensions.
In real life, Greene is wearing a dark blue shirt, black jeans, and boots, and his normal, non-hovering chair is sitting in a concrete-floored VR business called Step Into the Light planted firmly on Earth’s surface—Manhattan’s Lower East Side. An HTC Vive headset covers his face, and he gestures effusively—he’s a New York native—with the controllers.
Continue reading “String Theory’s Weirdest Ideas Finally Make Sense—Thanks to VR” »
It is an industry like no other, with profit margins to rival Google – and it was created by one of Britain’s most notorious tycoons: Robert Maxwell. By Stephen Buranyi.
The risk associated with any climate change impact reflects intensity of natural hazard and level of human vulnerability. Previous work has shown that a wet-bulb temperature of 35°C can be considered an upper limit on human survivability. On the basis of an ensemble of high-resolution climate change simulations. we project that extremes of wet-bulb temperature in South Asia are likely to approach and. in a few locations. exceed this critical threshold by the late 21st century under the business-as-usual scenario of future greenhouse gas emissions. The most intense hazard from extreme future heat waves is concentrated around densely populated agricultural regions of the Ganges and Indus river basins. Climate change. without mitigation. presents a serious and unique risk in South Asia. a region inhabited by about one-fifth of the global human population. due to an unprecedented combination of severe natural hazard and acute vulnerability.
The risk of human illness and mortality increases in hot and humid weather associated with heat waves. Sherwood and Huber proposed the concept of a human survivability threshold based on wet-bulb temperature (TW). TW is defined as the temperature that an air parcel would attain if cooled at constant pressure by evaporating water within it until saturation. It is a combined measure of temperature [that is. dry-bulb temperature (T)] and humidity (Q) that is always less than or equal to T. High values of TW imply hot and humid conditions and vice versa. The increase in TW reduces the differential between human body skin temperature and the inner temperature of the human body. which reduces the human body’s ability to cool itself. Because normal human body temperature is maintained within a very narrow limit of ±1°C. disruption of the body’s ability to regulate temperature can immediately impair physical and cognitive functions.
O n a recent evening at a start-up hub in Spitalfields, London, journalist and author Jamie Bartlett spoke to a small group of mostly under 40, mainly techie or creative professionals about his book Radicals: Outsiders Changing the World. The book, which Bartlett started to research in 2014, before Brexit and Trump, chronicles his time with a series of different radical groups, from the Psychedelic Society — who advocate the “careful use of psychedelics as a tool for awakening to the unity and interconnectedness of all things” — to Tommy Robinson, co-founder of the unabashedly far-right English Defence League, to the founder of Liberland, a libertarian nation on unclaimed land on the Serbian/Croatian border, to Zoltan Istvan, who ran as US transhumanist presidential candidate on a platform of putting an end to death. He campaigned by racing around America in a superannuated RV which he’d modified to look like a giant coffin, dubbed “the Immortality Bus.” His efforts were in vain, and illegal, as it turned out: his campaign was in breach of the US’ Federal Electoral Commission rules.
Bartlett’s book has been damned with faint praise — he has been called “surprisingly naive about politics,” and defining ‘radical’ so broadly as to make the term “meaningless.” The general consensus goes that Bartlett’s journey through the farthest-flung fringes of politics and society is entertaining and impressively dispassionate, but not altogether successful in making a clear or convincing case for radicals or radicalism. But at the talk that night Bartlett challenged what he sees as the complacent acceptance and defense of our current political and governmental systems, institutions and ideas, of the kind of technocratic centrism that prevailed throughout the global North until very recently. Perhaps they need some radical rethinking. Many of the radicals Bartlett spent time with may be flawed, crazy or wrong — literally, legally and morally — but they can also hold up mirrors and magnifying glasses to political and social trends. And sometimes, they can prophesize them…
Bartlett began the evening by saying, “If democracy were a business, it would be bankrupt.” A provocative statement, but one that he backs up. He pointed to research showing that only 30% of those born after 1980 believe that it is essential to live in a democracy. That rate drops steadily with age. A closer look at the research around peoples’ attitudes reveals widespread skepticism towards liberal institutions and a growing disaffection with political parties. Freedom House’s annual report for 2016 shows that as faith in democracy has declined so too have global freedoms — 2016 marks the “11th consecutive year of decline in global freedom.” While a lot of attention has been given to violent polarization, populism and nationalism rising out of anger at demographic and economic changes, Bartlett suggests that perhaps comfort and complacency are culprits too, and he is not the only one: only last week Financial Times columnist Janan Ganesh took up a similar theme.
Continue reading “Rethinking Radical Thoughts: How Transhumanists Can Fix Democracy” »
