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Archive for the ‘economics’ category: Page 164

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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Feb 14, 2017

Ridership Economy: What Will *You* Be Doing In Your Self-Driving Car?

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

The driverless car is coming – but what will *you* being doing in your self-driving car? Robotic cars will give rise to a new ridership economy of on-the-go services and experiences.

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Feb 13, 2017

Transhumanist politician wants to run for governor of California

Posted by in categories: bioengineering, biotech/medical, economics, genetics, geopolitics, governance, transhumanism

A new story out on Engadget, emphasizing the need to make government treat science and technology as a primary focus:


Zoltan Istvan didn’t have much of a chance at being president, but that didn’t stop him from campaigning as the Transhumanist Party’s candidate to promote his pro-technology and science positions. Now, he’s setting his sights a bit lower, and with a different party. Istvan announced this morning that he plans to run for governor of California in 2018 under the Libertarian Party.

“We need leadership that is willing to use radical science, technology, and innovation—what California is famous for—to benefit us all,” he wrote in a Newsweek article. “We need someone with the nerve to risk the tremendous possibilities to save the environment through bioengineering, to end cancer by seeking a vaccine or a gene-editing solution for it, to embrace startups that will take California from the world’s 7th largest economy to maybe even the largest economy—bigger than the rest of America altogether.”

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Feb 13, 2017

4 Main Economic Implications Of An Aging Population, And How Life Extension Technologies Could Solve Them

Posted by in categories: biotech/medical, economics, life extension

The effects of a rapidly aging population have a number of serious economic and social implications.


What a rapidly aging populaton means to the economy and the workforce and why biotechnology is the answer.

#aging #economy

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Feb 13, 2017

Here’s how to use AI to make America great again

Posted by in categories: economics, robotics/AI

Artificial intelligence could dramatically improve the economy and aspects of everyday life, but we need to invent ways to make sure everyone benefits.

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