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Archive for the ‘economics’ category: Page 203

Jan 1, 2016

Can Governments Ban Bitcoin?

Posted by in categories: bitcoin, cryptocurrencies, disruptive technology, economics, government, internet

Recently, I was named Most Viewed Writer on Bitcoin and cryptocurrency at Quora.com (writing under the pen name, “Ellery”). I don’t typically mirror posts at Lifeboat, but a question posed today is Quora_Most_Viewed_splashrelevant to my role on the New Money Systems board at Lifeboat. Here, then, is my reply to: “How can governments ban Bitcoin?”


Governments can enact legislation that applies to any behavior or activity. That’s what governments do—at least the legislative arm of a government. Such edicts distinguish activities that are legal from those that are banned or regulated.

You asked: “How can governments ban Bitcoin?” But you didn’t really mean to ask in this way. After all, legislators ban whatever they wish by meeting in a congress or committee and promoting a bill into law. In the case of a monarchy or dictatorship, the leader simply issues an edict.

So perhaps, the real question is “Can a government ban on Bitcoin be effective?”

Continue reading “Can Governments Ban Bitcoin?” »

Dec 30, 2015

Artificial intelligence, free money and the end of capitalism

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

What will really happen if artificial intelligence takes the jobs we have today? How would society change if we got a basic income?

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Dec 30, 2015

These Technologies Will Shift the Global Balance of Power in the Next 20 Years

Posted by in categories: business, economics, habitats, solar power, sustainability, transportation

Governments, businesses, and economists have all been caught off guard by the geopolitical shifts that happened with the crash of oil prices and the slowdown of China’s economy. Most believe that the price of oil will recover and that China will continue its rise. They are mistaken. Instead of worrying about the rise of China, we need to fear its fall; and while oil prices may oscillate over the next four or five years, the fossil-fuel industry is headed the way of the dinosaur. The global balance of power will shift as a result.

LED light bulbs, improved heating and cooling systems, and software systems in automobiles have gradually been increasing fuel efficiency over the past decades. But the big shock to the energy industry came with fracking, a new set of techniques and technologies for extracting more hydrocarbons from the ground. Though there are concerns about environmental damage, these increased the outputs of oil and gas, caused the usurpation of old-line coal-fired power plants, and dramatically reduced America’s dependence on foreign oil.

Continue reading “These Technologies Will Shift the Global Balance of Power in the Next 20 Years” »

Dec 30, 2015

We Must Cut the Military and Transition to a Science-Industrial Complex

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

My new article for Vice Motherboard. It’s about one of the biggest ideas I believe in–the necessity to spend more money directly on science goals instead of bomb making and defense:


It just so happens that there is another way—a method that would satisfy liberals and conservatives alike. Instead of always spending more on our military, we could transition our nation and its economy into a scientific-industrial complex.

There’s compelling reason to do this beyond what meets the eye. Transhumanist technology is starting to radically change human life. Many experts expect to be able to stop aging and conquer death for human beings in the next 25 years. Others, like myself, see humans merging with machines and replacing our every organ with bionic ones.

Continue reading “We Must Cut the Military and Transition to a Science-Industrial Complex” »

Dec 28, 2015

A new Club of Rome study on the Circular Economy and Benefits for Society | Club of Rome

Posted by in categories: economics, governance

The-Circular-Economy-and-Benefits-for-Society3-200x282

“[R]igorous scientific new arguments for a swift move to a circular economy – an industrial system that is restorative by intention and design. Rather than discarding products before their value is fully utilized, we should design and produce them for continuous re-use.”

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Dec 24, 2015

How Universal Basic Income will Transform Human Experience

Posted by in category: economics

On Ideapod: https://www.ideapod.com/idea/How-Universal-Basic-Income-will…24128040f8
On Change.is: http://change.is/video/how-universal-basic-income-will-trans…experience

Source: Jason Silva — IBM Insight 2015 — theCUBE — #ibminsight
https://www.youtube.com/watch?v=7VgfcfQv_TE

Continue reading “How Universal Basic Income will Transform Human Experience” »

Dec 20, 2015

Ben Goertzel: Transitioning to a Post-Employment, Post-Scarcity, Post-Money Economy

Posted by in categories: economics, robotics/AI

Full Title:
Transitioning to a Post-Employment, Post-Scarcity, Post-Money Economy in Which Collective Human and Machine Meaning Making Reigns.

Speaker:
Ben Goertzel, AGI Society, OpenCog Foundation.

Continue reading “Ben Goertzel: Transitioning to a Post-Employment, Post-Scarcity, Post-Money Economy” »

Dec 19, 2015

Why Basic Income?

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

Basic Income (10 Reasons)
https://goo.gl/PJ7bbh

Lies You’ve Been Told about Work.
https://goo.gl/3u7Vld

Continue reading “Why Basic Income?” »

Dec 18, 2015

China wants to begin manned deep space missions

Posted by in categories: economics, energy, engineering, materials, neuroscience, robotics/AI, space

China wants to be the leading force in manned space exploration, and is exploring sending people to the far side of the moon, Mars, asteroids, and further into deep space.

Becoming the second largest economy in the world and an emerging superpower of its own, China wishes to add deep space exploration into its achievement portfolio. Besides the ongoing moon exploration, its scientists are considering going deeper into the solar system, including Mars, asteroids, and even manned deep-space mission. Liu Jizhong, director of the lunar exploration program and space engineering center, pointed out that China has to be more pioneering, tackling problems such as high speed deep space exploration, energy and power generation, space robot development, and more. He also said that China must cooperate with others as space exploration is an undertaking shared by the entire human species.

China currently intends to explore the far side of the moon, something that has never been done before. It would require a relay satellite for communication and navigation on Lagrange point, where the satellite could orbit within the combined gravitational pull of the Earth-moon system, as said by Zhang Lihua of China Spacesat Co. While China believes that robots are critical to the mission, it also believes that these trips must be manned in order to effectively leverage human decision-making. China also says they are designing footed robots to explore asteroids and better understand their material composition.

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Dec 16, 2015

Carlota Perez: In the midst of ICT revolution: next revolution 30 years out | vimeo.com

Posted by in categories: business, computing, economics, finance, governance, innovation, policy, robotics/AI, science, strategy

https://vimeo.com/53577644

Economist Carlota Perez talk about the future of ICT.