Ubiquitous, mobile supercomputing. Artificially-intelligent robots. Self-driving cars. Neuro-technological brain enhancements. Genetic editing. The evidence of dramatic change is all around us and it’s happening at exponential speed.
Previous industrial revolutions liberated humankind from animal power, made mass production possible and brought digital capabilities to billions of people. This Fourth Industrial Revolution is, however, fundamentally different. It is characterized by a range of new technologies that are fusing the physical, digital and biological worlds, impacting all disciplines, economies and industries, and even challenging ideas about what it means to be human.
Somewhere along the way people started considering me somewhat of an expert on the topic of basic income and so I’m frequently asked for book recommendations. Because of that, I put together a Listmania list, but Listmania no longer exists so I’ve decided to put together a new more comprehensive list here on Medium which I will make a point of updating as new books are released. If you don’t see a book here and think it should be listed, please let me know so I can add it.
Also, due to popular request, books of fiction that include basic income can be found at the end of this list. And if you’re looking for academic papers to read instead, here’s a great list on basicincome.org.
“The individuals who do these types of attacks are well aware of the pressure points and pain points, economic-wise,” says Dr. John Hale, a cybersecurity expert at the University of Tulsa. “They know what they can extract, how much they can extract.
“They prey upon two things: an organization’s reliance on information systems and two, the common situation, where an organization is a little bit behind on backup procedures and policies to prevent these types of things. It really is easy pickings for the bad guys.”
Crypto ransomware is designed to encrypt data stored on the computer, making the data useless unless the user obtains the key to decrypt it. A message details the ransom, which is typically paid in digital currencies such as bitcoin. Locker ransomware locks the computer or device’s interface — save for the ability to interact with the hacker — and demands money to restore it.
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Steve Forbes sits across Brian Singer, a partner at William Blair, as Blair explains the potential of blockhain encryption to empower individuals. He also explains why credit card companies are beginning to embrace a technology that undermines their high fees.
QC will change many industries and even some fortunes as well. So, no wonders Canada & Australia both deem it as a priority.
Mike Lazaridis, founder of Blackberry Limited and the visionary who led the establishment of the Perimeter Institute for Theoretical Physics (PI), the Institute for Quantum Computing (IQC) at the University of Waterloo and Quantum Valley Investments, delivered a keynote address highlighting the Quantum Valley model in Waterloo Region, Ontario, Canada and the emphasis both federal and provincial governments have placed on the development of quantum technologies.
The Quantum Europe conference comes at a time when large scale investments from tech companies and governments around the world, including in Canada, are being made as part of the “Second Quantum Revolution” – a new global industry fueled by the commercialization of new transformative quantum technologies.
Mr. Lazaridis led a Canadian delegation to the Conference that included Lawrence Hanson, Assistant Deputy Minister, Innovation, Science and Economic Development Canada, Giles Gherson, Deputy Minister, Research and Innovation and Economic Development, Employment and Infrastructure Ontario and representatives from IQC and PI.
The European Union (EU) aims to embark on an ambitious common strategy on quantum technologies, European Commissioner for digital economy and society Gunther Oettinger said here Tuesday.
At a conference which brought together some of the world’s leading experts in the field of quantum technology, European scientists and entrepreneurs launched a “Quantum Manifesto” laying out future priorities and activities to create a new “knowledge-based industrial ecosystem” in Europe.
“We aim to launch an ambitious large-scale flagship initiative to unlock the full potential of quantum technologies, accelerate their development, and bring commercial products to public and private users,” Oettinger told the conference.
If you’ve ever seen a “recommended item” on eBay or Amazon that was just what you were looking for (or maybe didn’t know you were looking for), it’s likely the suggestion was powered by a recommendation engine. In a recent interview, Co-founder of machine learning startup Delvv, Inc., Raefer Gabriel, said these applications for recommendation engines and collaborative filtering algorithms are just the beginning of a powerful and broad-reaching technology.
Gabriel noted that content discovery on services like Netflix, Pandora, and Spotify are most familiar to people because of the way they seem to “speak” to one’s preferences in movies, games, and music. Their relatively narrow focus of entertainment is a common thread that has made them successful as constrained domains. The challenge lies in developing recommendation engines for unbounded domains, like the internet, where there is more or less unlimited information.
“Some of the more unbounded domains, like web content, have struggled a little bit more to make good use of the technology that’s out there. Because there is so much unbounded information, it is hard to represent well, and to match well with other kinds of things people are considering,” Gabriel said. “Most of the collaborative filtering algorithms are built around some kind of matrix factorization technique and they definitely tend to work better if you bound the domain.”
Of all the recommendation engines and collaborative filters on the web, Gabriel cites Amazon as the most ambitious. The eCommerce giant utilizes a number of strategies to make item-to-item recommendations, complementary purchases, user preferences, and more. The key to developing those recommendations is more about the value of the data that Amazon is able to feed into the algorithm initially, hence reaching a critical mass of data on user preferences, which makes it much easier to create recommendations for new users.
“In order to handle those fresh users coming into the system, you need to have some way of modeling what their interest may be based on that first click that you’re able to extract out of them,” Gabriel said. “I think that intersection point between data warehousing and machine learning problems is actually a pretty critical intersection point, because machine learning doesn’t do much without data. So, you definitely need good systems to collect the data, good systems to manage the flow of data, and then good systems to apply models that you’ve built.”
Beyond consumer-oriented uses, Gabriel has seen recommendation engines and collaborative filter systems used in a narrow scope for medical applications and in manufacturing. In healthcare for example, he cited recommendations based on treatment preferences, doctor specialties, and other relevant decision-based suggestions; however, anything you can transform into a “model of relationships between items and item preferences” can map directly onto some form of recommendation engine or collaborative filter.
One of the most important elements that has driven the development of recommendation engines and collaborative filtering algorithms is the Netflix Prize, Gabriel said. The competition, which offered a $1 million prize to anyone who could design an algorithm to improve upon the proprietary Netflix’s recommendation engine, allowed entrants to use pieces of the company’s own user data to develop a better algorithm. The competition spurred a great deal of interest in the potential applications of collaborative filtering and recommendation engines, he said.
In addition, relative ease of access to an abundant amount of cheap memory is another driving force behind the development of recommendation engines. An eCommerce company like Amazon with millions of items needs plenty of memory to store millions of different of pieces of item and correlation data while also storing user data in potentially large blocks.
“You have to think about a lot of matrix data in memory. And it’s a matrix, because you’re looking at relationships between items and other items and, obviously, the problems that get interesting are ones where you have lots and lots of different items,” Gabriel said. “All of the fitting and the data storage does need quite a bit of memory to work with. Cheap and plentiful memory has been very helpful in the development of these things at the commercial scale.”
Looking forward, Gabriel sees recommendation engines and collaborative filtering systems evolving more toward predictive analytics and getting a handle on the unbounded domain of the internet. While those efforts may ultimately be driven by the Google Now platform, he foresees a time when recommendation-driven data will merge with search data to provide search results before you even search for them.
“I think there will be a lot more going on at that intersection between the search and recommendation space over the next couple years. It’s sort of inevitable,” Gabriel said. “You can look ahead to what someone is going to be searching for next, and you can certainly help refine and tune into the right information with less effort.”
While “mind-reading” search engines may still seem a bit like science fiction at present, the capabilities are evolving at a rapid pace, with predictive analytics at the bow.
CoinFac Limited, a technology company, has recently introduced the next generation quantum computing technology into cryptocurrency mining, allowing current Bitcoin and Altcoin miners to enjoy a 4,000 times speed increase.
Quantum computing is being perceived as the next generation of supercomputers capable of processing dense digital information and generating multi-sequential algorithmic solutions 100,000 times faster than conventional computers. With each quantum computing server costing at an exorbitant price tag of $5 Million — $10 Million, this revolutionary concoction comprising advanced technological servers with a new wave of currency systems, brings about the most uprising event in the cryptocurrency ecosystem.
“We envisioned cryptocurrency to be the game changer in most developed country’s economy within the next 5 years. Reliance of quantum computing technology expedite the whole process, and we will be recognized as the industry leader in bringing about this tidal change. We aren’t the only institution fathom to leverage on this technology. Other Silicon big boys are already in advance talks of a possible tie up”, said Mike Howzer, CEO of CoinFac Limited.“Through the use of quantum computing, usual bitcoin mining processes are expedited by a blazing speed of 4,000 times. We bring lucrative mining back into Bitcoin industry, all over again”.