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Category: economics – Page 211

Top Silicon Valley tech exec on cash handouts: Let’s eliminate poverty for all Americans

It’s de rigeur for the many of the richest of the rich to tout the benefits of giving cash handouts to all American citizens, in part as a way to end poverty. The idea, called universal basic income (UBI), is for every individual to be paid a regular sum of money regardless of employment status.

One of the tech elite who has an interest in universal basic income is self-made multimillionaire and Y Combinator President Sam Altman. “Eliminating poverty is such a moral imperative and something that I believe in so strongly,” Altman tells CNBC Make It.

“There’s so much research about how bad poverty is. There’s so much research about the emotional and physical toll that it takes on people.

Leasing out federal land could provide free money for all Americans

Here’s a people-friendly/business-friendly plan to replace Labor Day with Basic Income Day in America. Your half million dollars is waiting and yours! http://www.businessinsider.com/basic-income-with-federal-lan…2017-7 #FederalLandDividend

Futurist and 2018 libertarian candidate for California governor Zoltan Istvan outlines his plan to give everyone a government kickback from untapped land.

Transhumanism and Libertarianism Are Entirely Compatible

Article out by Ron Bailey at Reason Magazine that discusses #transhumanism and #libertarianism:

Kai Weiss, a researcher at the Austrian Economics Center and Hayek Institute in Vienna, Austria, swiftly denounced the piece. “Transhumanism should be rejected by libertarians as an abomination of human evolution,” he wrote.

Clearly there is some disagreement.

Weiss is correct that Istvan doesn’t expend much intellectual effort linking transhumanism with libertarian thinking. Istvan largely assumes that people seeking to flourish should have the freedom to enhance their bodies and minds and those of their children without much government interference. So what abominable transhumanist technologies does Weiss denounce?

Weiss includes defeating death, robotic hearts, virtual reality sex, telepathy via mind-reading headsets, brain implants, ectogenesis, artificial intelligence, exoskeleton suits, designer babies, and gene editing tech. “At no point [does Istvan] wonder if we should even strive for these technologies,” Weiss thunders.

Social Experiment Known as Privacy Won’t Survive the Future

To help you understand the significance of this, in terms of cameras, we’re looking at 6 times more than the total number of our global population today. And in terms of sensors, we’re looking at 133 times more than the total number of our global population.

To quote economics theorist Jeremy Rifkin at length:

While privacy has long been considered a fundamental right, it has never been an inherent right. Indeed, for all of human history, until the modern era, life was lived more or less publicly, as befits the most social species on Earth. As late as the sixteenth century, if an individual was to wander alone aimlessly for long periods of time in daylight, or hide away at night, he or she was likely to be regarded as possessed. In virtually every society that we know of before the modern era, people bathed together in public, often urinated and defecated in public, ate at communal tables, frequently engaged in sexual intimacy in public, and slept huddled together en masse.

The National Space Council for American leadership in space industries

Dear vice president mike pence, chairman of the national space council:

Thank you for your leadership of the National Space Council that has been recreated under the authority of President Trump. In 1962, when the Council was first formed under the leadership of Vice President Johnson, its executive director, Edward Welsh, played a decisive role in the drafting and passage of the Communications Satellite Act, which led to the creation of COMSAT and the subsequent formation of INTELSAT, an intergovernmental communications satellite organization initially with 14-member governments in 1964 that was privatized in 2001. COMSAT was the first major step towards the commercial use of outer space. In 1967, after Johnson had been elected president, he reported that “the Communications Satellite Act of 1962 [has] brought mankind to the threshold of a full-time global communications service to which all nations of the world may have equal access.”

The world is at a watershed moment regarding outer space. Governments have dominated in outer space. Increasingly, though, private investment will shape the future in space. The US does not have a strategy nor is it organized to effective ly advance private space development and the emergence of a self-sustaining space economy. This is the principal challenge to be addressed by the Space Council.

What would happen if we upload our brains to computers?

Meet the “ems” — machines that emulate human brains and can think, feel and work just like the brains they’re copied from. Futurist and social scientist Robin Hanson describes a possible future when ems take over the global economy, running on superfast computers and copying themselves to multitask, leaving humans with only one choice: to retire, forever. Glimpse a strange future as Hanson describes what could happen if robots ruled the earth.

About the speaker.

The great outer space LAND GRAB of the near future: Conflicts over space rock mining rights

(Natural News) Space has become a veritable goldmine of natural resources for many companies, yet can anyone lay claim to them? That’s the question legal experts claim will become relevant in the future as firm turn to the stars for precious metals and minerals, and it’s one that also needs to be answered as soon as possible to avoid hostility between competing firms and countries.

Barry Kellman, law professor of space governance at DePaul University in Chicago, explained: “There is a huge debate on whether companies can simply travel to space and extract its resources. There is no way to answer the question until someone does it.”

According to one international treaty, this need not even be an issue. The Outer Space Treaty of 1967, formally known as the Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, Including the Moon and Other Celestial Bodies, has served as the main standard for sharing space. As per the 1967 treaty, no single country can claim “national appropriation” of celestial bodies “by occupation or by other means”. (Related: MINING just one large asteroid could COLLAPSE the world economy due to surge of new supply for valuable metals.)

Cyberattacks, not North Korea, pose greatest security threat

Based on the news, one would think the greatest threat to our nation is North Korea’s looming capability to strike the continental United States with nuclear tipped intercontinental ballistic missiles (ICBMs).

While the Hermit Kingdom’s ability to launch missiles with miniaturized nuclear payloads that can reach the U.S. is alarming, another threat to our national and economic security — targeted cyberattacks by state-sponsored advanced persistent threat (APT) groups and terrorist and criminal non-state actors — is being overlooked.