Archive for the ‘economics’ category: Page 171
Feb 12, 2017
Zoltan Istvan, who advocates radical technology, hopes to be governor of California
Posted by Zoltan Istvan in categories: economics, futurism
Here’s my official announcement/OpEd article via Newsweek for running for California Governor as a Libertarian. Thanks for reading it!
Futurist Zoltan Istvan believes California could become the world’s largest economy.
Feb 12, 2017
Distributed Objective Consensus: Beyond POW & POS
Posted by Philip Raymond in categories: bitcoin, computing, cryptocurrencies, economics, innovation, privacy, software
At the heart of Bitcoin or any Blockchain ledger is a distributed consensus mechanism. It’s a lot like voting. A large and diverse deliberative community validates each, individual user transaction, ownership stake or vote.
But a distributed consensus mechanism is only effective and faithful if the community is impartial. To be impartial, voters must be fairly separated. That is, there must be no collusion enabled by concentration or hidden collaboration. They must be separated from the buyer and seller; they must be separated from the big stakeholders; and they must be separated from each other. Without believable and measurable separation, all sorts of problems ensue. One problem that has made news in the Bitcoin word is the geographical concentration of miners and mining pools.
A distributed or decentralized transaction validation is typically achieved based on Proof-of-Work (POW) or Proof-of-Stake (POS). [explain]. But in practice, these methodologies exhibit subtle problems…
The problem is that Proof-of-Work can waste an enormous amount of energy and both techniques result in a concentration of power (either by geography or by special interest) — rather than a fair, distributed consensus.
Continue reading “Distributed Objective Consensus: Beyond POW & POS” »
Feb 12, 2017
A Vision to Bootstrap the Solar System Economy
Posted by Klaus Baldauf in categories: 3D printing, biological, economics, information science, robotics/AI, space, transportation
Early probes are one thing, but can we build a continuing presence among the stars, human or robotic? An evolutionary treatment of starflight sees it growing from a steadily expanding presence right here in our Solar System, the kind of infrastructure Alex Tolley examines in the essay below. How we get to a system-wide infrastructure is the challenge, one analyzed by a paper that sees artificial intelligence and 3D printing as key drivers leading to a rapidly expanding space economy. The subject is a natural for Tolley, who is co-author (with Brian McConnell) of A Design for a Reusable Water-Based Spacecraft Known as the Spacecoach (Springer, 2016). An ingenious solution to cheap transportation among the planets, the Spacecoach could readily be part of the equation as we bring assets available off-planet into our economy and deploy them for even deeper explorations. Alex is a lecturer in biology at the University of California, and has been a Centauri Dreams regular for as long as I can remember, one whose insights are often a touchstone for my own thinking.
By Alex Tolley
Feb 11, 2017
Value Conflicts surrounding the Meaning of Life in the Trans/Post/Human Future
Posted by Steve Fuller in categories: biological, cryonics, cyborgs, economics, environmental, ethics, futurism, governance, health, homo sapiens, law, mobile phones, policy, posthumanism, security, theory, transhumanism
Posthumanists and perhaps especially transhumanists tend to downplay the value conflicts that are likely to emerge in the wake of a rapidly changing technoscientific landscape. What follows are six questions and scenarios that are designed to focus thinking by drawing together several tendencies that are not normally related to each other but which nevertheless provide the basis for future value conflicts.
- Will ecological thinking eventuate in an instrumentalization of life? Generally speaking, biology – especially when a nervous system is involved — is more energy efficient when it comes to storing, accessing and processing information than even the best silicon-based computers. While we still don’t quite know why this is the case, we are nevertheless acquiring greater powers of ‘informing’ biological processes through strategic interventions, ranging from correcting ‘genetic errors’ to growing purpose-made organs, including neurons, from stem-cells. In that case, might we not ‘grow’ some organs to function in largely the same capacity as silicon-based computers – especially if it helps to reduce the overall burden that human activity places on the planet? (E.g. the brains in the vats in the film The Minority Report which engage in the precognition of crime.) In other words, this new ‘instrumentalization of life’ may be the most environmentally friendly way to prolong our own survival. But is this a good enough reason? Would these specially created organic thought-beings require legal protection or even rights? The environmental movement has been, generally speaking, against the multiplication of artificial life forms (e.g. the controversies surrounding genetically modified organisms), but in this scenario these life forms would potentially provide a means to achieve ecologically friendly goals.
- Will concerns for social justice force us to enhance animals? We are becoming more capable of recognizing and decoding animal thoughts and feelings, a fact which has helped to bolster those concerned with animal welfare, not to mention ‘animal rights’. At the same time, we are also developing prosthetic devices (of the sort already worn by Steven Hawking) which can enhance the powers of disabled humans so their thoughts and feelings are can be communicated to a wider audience and hence enable them to participate in society more effectively. Might we not wish to apply similar prosthetics to animals – and perhaps even ourselves — in order to facilitate the transaction of thoughts and feelings between humans and animals? This proposal might aim ultimately to secure some mutually agreeable ‘social contract’, whereby animals are incorporated more explicitly in the human life-world — not as merely wards but as something closer to citizens. (See, e.g., Donaldson and Kymlicka’s Zoopolis.) However, would this set of policy initiatives constitute a violation of the animals’ species integrity and simply be a more insidious form of human domination?
Continue reading “Value Conflicts surrounding the Meaning of Life in the Trans/Post/Human Future” »
Tags: animals, children, Death, energy, longevity, meaning of life, Neuroscience, politics, poverty, values
Feb 11, 2017
A Billionaire Is Helping Fund a Massive Universal Basic Income Project
Posted by Shane Hinshaw in category: economics
Feb 10, 2017
The AI Threat Isn’t Skynet. It’s the End of the Middle Class
Posted by Shane Hinshaw in categories: economics, robotics/AI
The world’s top AI researchers met to consider the threats posed by their research. The global economy could be the first casualty.
Feb 8, 2017
French Polynesia signs agreement for Floating Island Project
Posted by Klaus Baldauf in categories: economics, governance, government, law
The French Polynesian government, earlier this year, officially signed an agreement with The Seasteading Institute to cooperate on creating legal framework to allow for the development of The Floating Island Project. The legislation will give the Floating Island Project it’s own “special governing framework” creating an “innovative special economic zone”.
Feb 7, 2017
Blockchain Scalability: Proof-of-Work vs BFT Replication
Posted by Philip Raymond in categories: bitcoin, computing, cryptocurrencies, disruptive technology, economics, innovation
Research can seem bland to us laypersons. But, Marko Vukolić shares many of my research interests and he exceeds my academic credentials (with just enough overlap for me to understand his work). So, in my opinion, his writing is anything but bland…
Vukolić started his career as a post-doc intern at IBM in Zurich Switzerland. After a teaching stint as assistant professor at Eurecom and visiting professor at ETH Zurich, he rejoined the IBM research staff in both cloud computing infrastructure and the Blockchain Group.*
As a researcher and academic, Vukolić is a rising star in consensus-based mechanisms and low latency replicated state machines. At Institut Mines-Télécom in Paris, he wrote papers and participated in research projects on fault tolerance, scalability, cloud computing and distributed trust mechanisms.
Now, at IBM Zurich, Vukolić has published a superior analysis addressing the first and biggest elephant in the Bitcoin ballroom, Each elephant addresses an urgent need:
Continue reading “Blockchain Scalability: Proof-of-Work vs BFT Replication” »
Feb 3, 2017
After Robots Take Our Jobs, What Will We Buy in a Society Without Money?
Posted by Shane Hinshaw in categories: economics, employment, robotics/AI
After labor, not all of us will want to explore inner consciousness. Abundant leisure will not turn everyone into the Buddha. Many of our tastes are in the gutter, and I have no objection to leaving them there. I’m not a fan of shopping per se, but buying stuff is deeply satisfying and motivating for many people. Is it possible to rethink the pleasure of conspicuous consumption in a way that decouples it from the competitive labor economy? The post-work world I’m imagining will have little surplus money for unnecessary shopping, even if robots and computers can dramatically lower the overhead of such production. So, a non-consummatory form of shopping will have to be cultivated.
Some people marshal all their evolved predatory skills to hunt down the perfect sweater, shoes, or watch. Could we redesign shopping as a system of “catch-and-release,” so that, like sport fishing, it’s the adventure and not the prize that becomes central? Maybe we will hunt for luxury items, but then instead of keeping them, simply photograph ourselves wearing the items (like a fisherman holding a giant pike). It’s an unlikely adjustment, I’ll grant you, but I never thought catch-and-release fishing would be fun until I did it, and it was. The way some people already buy and return items suggests to me that catch-and-release shopping is not impossible.