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Archive for the ‘economics’ category: Page 159

Feb 23, 2017

Melinda and Bill Gates’s Letter to Warren Buffett Reveals the One Thing Successful People Value Most

Posted by in categories: economics, education, health

Bill and Melinda Gates say “the future will surprise the pessimists.”


They discovered childhood mortality is a symptom of other issues

Children’s deaths are often a result of lack of birth control, gender inequality, and poor women’s health. Melinda wrote, “Virtually all advances in society—nutrition, education, access to contraceptives, gender equity, economic growth—show up as gains in the childhood mortality chart, and every gain in this chart shows up in gains for society.”

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Feb 23, 2017

This California gubernatorial candidate wants state-funded ‘universal basic income’ for everyone

Posted by in categories: economics, government, robotics/AI

The Los Angeles Times covered my libertarian campaign for CA governor. I do still support a libertarian version of a basic income due to coming automation—and the fact it will swallow welfare and other government programs, essentially reducing the size of government while distributing money to all residents.


Essential Politics: Lawmaker says California needs an estate tax if the federal version is scrapped, Sanders thanks supporters in Los Angeles

This is Essential Politics, our daily look at California political and government news. Here’s what we’re watching right now:

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Feb 21, 2017

Jose Canseco says humans need to crush the robot uprising

Posted by in categories: economics, robotics/AI

It’s all fun and games, until Jose Canseco becomes the leader of the anti robot/AI resistance.


Jose Canseco is all juiced up about robots and their existential threat to humanity.

The steroid-tainted former slugger took a few Twitter swings at the human race’s blatant disregard of the current droid danger that is bringing the world toward an economic catastrophe.

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Feb 20, 2017

Robots poised to take over wide range of military jobs

Posted by in categories: economics, employment, military, robotics/AI

The wave of automation that swept away tens of thousands of American manufacturing and office jobs during the past two decades is now washing over the armed forces, putting both rear-echelon and front-line positions in jeopardy.

“Just as in the civilian economy, automation will likely have a big impact on military organizations in logistics and manufacturing,” said Michael Horowitz, a University of Pennsylvania professor and one of the globe’s foremost experts on weaponized robots.

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Feb 20, 2017

Sweden is Slowly Becoming a Cashless Society

Posted by in category: economics

Sweden is beginning to look at doing away with physical money in favor of a completely digital currency given that the amount of hard cash and coin in circulation has already decreased by 40 percent. While Sweden’s economy is better equipped to handle such a change, other countries do not share the same ability in infrastructure, and many would be resistant to the increased transparency of digital currency.

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Feb 18, 2017

Poor Citizens to Receive $1,320 a Month in Canada’s ‘No Strings Attached’ Basic Income Trial

Posted by in category: economics

Canada puts its money where its mouth is and prepares for a ‘no strings attached’ basic income trial that it hopes will break the cycle of poverty.

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Feb 18, 2017

MIT is working on 3 BIG Blockchain Ideas

Posted by in categories: bitcoin, cryptocurrencies, economics, innovation, internet, software

MIT has never stood stand still in the presence of change and opportunity. Their Media Lab Currency Initiative is at the forefront of Blockchain and Bitcoin research. With the fracture of the founding core team, MIT stands to become the universal hub for research and development.

The initiative now has a team of 22 people and at least
seven ongoing research projects, and it nurtures three startups that use cryptocurrencies and the underlying technology in a variety of ways. Blockchain research now sits alongside transparent robots that eat real-world fish, solar nebula research, and other imaginative, futuristic projects in progress at the university.

The initiative has already funded the work of bitcoin protocol developers and has supported research, going far beyond bitcoin—even partnering with Ripple Labs and developing enterprise data projects.

Now, the MIT Media Lab Digital Currency Initiative is working on 3 big Blockchain ideas:

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Feb 15, 2017

Universal Basic Income: The Answer to Automation?

Posted by in categories: economics, employment, robotics/AI

57% of the world’s jobs are at risk of being automated. Universal Basic Income may be our only way out. Here’s why.

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Feb 14, 2017

Elon Musk sees critical role for cyborgs

Posted by in categories: biotech/medical, cyborgs, economics, Elon Musk, government, internet, life extension, quantum physics, robotics/AI, security

Wish he & a couple of others would join this ranks that others are on which makes way more sense plus benefits the masses tremendously. Musk needs to join others in their work to enhance humans via Quantum Biosystems as this work is already showing signs of success across multiple areas such as anti-aging, disease elimination, intelligence & communications, security, reduction in costs of healthcare & social programs, advancements in new creative innovations in technology & medicine, new industry new growth/ economic expansion, elimination of starvation, etc.


How can humans stay relevant in an age of artificial intelligence? Elon Musk thinks cyborgs are the answer.

The Tesla and SpaceX CEO discussed the need for a “merger of biological intelligence and digital intelligence” during a talk on Monday at the World Government Summit in Dubai, CNBC reported.

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Feb 14, 2017

K-Chains – Blockchain Protocols Based On Quantum Mechanics

Posted by in categories: bitcoin, economics, internet, quantum physics

Not shocking to see; wonder how long this fact finally came out; as when you review much of the research and application of blockchaining that it is not hard to figure out that as more and more QC goes online; we would need a way to bridge block chaining environments to QC.


Quantum mechanics have ignited a transformational change in the way we envision the world and utilize technology. Economics is one of the prominent fields throughout which Quantum mechanics can be deployed. Quantum mechanics can be utilized to create a novel class of blockchains. A new paper has just been published exploring the possibilities of building blockchains on the basis of Quantum mechanics. It discusses how Quantum mechanics can be ideally deployed to build a new class of blockchains.

Quantum based blockchains, known as K-Chains, have a group of advantages over classical blockchains including communication of transactions at a Faster-Than-Light (FTL) speed, unlimited capacity of the network and an innovative offline blockchain that needn’t be connected to the internet for transactions to be executed. Extrapolation of these possibilities can lead to the creation of Quantum Turing Machines that rely on the Quantum Blockchain (K-Chain) technology. Real time data and communication protocols that span across distances of “light years” will be possible.

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