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Archive for the ‘economics’ category: Page 47

Sep 17, 2022

Midjourney Founder David Holz On The Impact Of AI On Art, Imagination And The Creative Economy

Posted by in categories: economics, robotics/AI

Midjourney is one of the leading drivers of the emerging technology of using artificial intelligence (AI) to create visual imagery from text prompts. The San Francisco-based startup recently made news as the engine behind the artwork that won an award in a Colorado state fair competition, and that’s unlikely to be the last complicated issue that AI art will face in the coming years.

Midjourney differentiates from others in the space by emphasizing the painterly aesthetics in the images it produces.


Serial entrepreneur David Holz explains the goals and methods of the revolutionary text-to-image platform and his vision for the future of human imagination.

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Sep 15, 2022

Possible Paths to Artificial General Intelligence

Posted by in categories: economics, ethics, law, policy, robotics/AI

Yoshua Bengio (MILA), Irina Higgins (DeepMind), Nick Bostrom (FHI), Yi Zeng (Chinese Academy of Sciences), and moderator Joshua Tenenbaum (MIT) discuss possible paths to artificial general intelligence.

The Beneficial AGI 2019 Conference: https://futureoflife.org/beneficial-agi-2019/

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Sep 15, 2022

Humanity’s Transition to Superintelligence

Posted by in categories: economics, transhumanism

Sustensis is a Think Tank providing inspirations, suggestions, and solutions for Humanity’s transition to the time when it will coexist with Superintelligence. In some way it falls into a broad spectrum of Transhumanism. However, we only consider certain aspects of Transhumanism, emphasizing technological progress, which may ultimately lead to the emergence of a new species – Posthumans. Thus for us “Transhumanism is about Humanity’s transition to its coexistence with Superintelligence until it evolves into a new species”. Such a transition must start with an urgent reform of democracy, promoting a planetary outlook, and evolving the most mature organisation, such as the European Union, into a Human Federation. That is covered by our subsidiary website Euro Agora.

Our websites have been designed using our own Digitized Structured Content. It can be used for debating complex political, social, scientific or economic problems. On this website it is focused on minimizing the risk of developing a malicious Superintelligence, which requires a global co-operation. Similarly, as in a book, the Content (in this case – the problem area) is described in chapters. As you move from left to right, the numbered top level tabs describe the problem in more detail.

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Sep 14, 2022

Losing to China in AI, Emerging Tech Will Cost U.S. Trillions, Threaten Security, Says Panel

Posted by in categories: biological, economics, government, military, robotics/AI, surveillance

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A grim future awaits the United States if it loses the competition with China on developing key technologies like artificial intelligence in the near future, the authors of a special government-backed study told reporters on Monday.

If China wins the technological competition, it can use its advancements in artificial intelligence and biological technology to enhance its own country’s economy, military and society to the determent of others, said Bob Work, former deputy defense secretary and co-chair of the Special Competitive Studies Project, which examined international artificial intelligence and technological competition. Work is the chair of the U.S. Naval Institute Board of Directors.

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Sep 8, 2022

Elon’s Real World AI is the Real World Technological Singularity

Posted by in categories: economics, Elon Musk, employment, mobile phones, Ray Kurzweil, robotics/AI, singularity, sustainability, transportation

Ray Kurzweil predicted Technological Singularity nearly 20 years ago. Elon Musk could enable a world of economic abundance with real world AI. Robotaxi and Teslabot will transform the world more than car and the first industrial revolution.

Tesla sells Model Ys for about $60000, but it currently costs them about $30000–40000 to make them. A Teslabot is 1/30th of the mass of a Model Y. It will use 1/30th of the batteries. The software is an overall cost of development. If billions of bots are produced then the cost would trend toward the cost of the hardware plus Apple iPhone-like margins including the software (say 40% gross margin). At Model Y cost of $30k then the hardware cost for Teslabot will go to $1000. $2000 with margins and software. A bot can work for 8,000 hours in a year. 8,760 hours in a year. $2000 divided by 8,000 hours is $0.25. If you add 10 cents per hour for electricity then it is $0.35 per hour. Going beyond that is bots can work in the factory and work cheaper than humans. Currently 15,000 workers in Tesla China factory. Replace all of them with $0.35 per hour bots. Reduce labor cost component. If a lot of bots can increase production rates. by 2X then all costs spread over more units. Bot-produced solar and batteries can lower the cost of energy by vastly increasing the supply. Those trends could get us to $500‑1000 per bot costs and lower energy costs. Having virtually unlimited labor costing less than 35 cents per hour will be transformational.

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Sep 7, 2022

Free Virtual Event!

Posted by in categories: business, economics, policy, space travel, sustainability

Space is no longer a remote and special place – it is becoming a part of our life and economy.

In parallel with technological advances such as space travel, lunar exploration and next-generation spacecraft, the number of businesses that utilize space has grown. Space has become an indispensable part of our lives.

The Nikkei Virtual Global Forum “The Future of Space 2022” will explore the possibilities of space, from Earth’s orbit to the Moon, Mars and beyond, and the global benefits and impacts on the economy, business and society. We will also discuss such issues as international collaboration, sustainable space utilization and policy responses.

Sep 7, 2022

Manufacturers could save time and money with the help of new research led by the Clemson Composites Center

Posted by in categories: 3D printing, economics, engineering

The Clemson Composites Center is developing new ways of 3D-printing low-cost manufacturing tools and is funding the research with $5.16 million from the U.S. Department of Energy’s Advanced Manufacturing Office and industry partners. Collaborators on the project include Honda Development & Manufacturing of America, Ohio State University and Additive Engineering Solutions, LLC.


The Clemson Composites Center is leading a new study that could help manufacturers save time and money while reducing their environmental impact– a project that adds to the center’s fast-growing portfolio of industry-guided automotive and advanced manufacturing research.

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Sep 7, 2022

Resting Rich Face

Posted by in category: economics

Your resting expression may reveal your socio-economic status.

Sep 6, 2022

Is Civilization on the Brink of Collapse?

Posted by in categories: biotech/medical, economics, law, mobile phones

What We Owe The Future is available now — you can get it wherever you get your (audio)books or here: https://www.amazon.com/What-Owe-Future-William-MacAskill/dp/…atfound-20
This video was sponsored by the author, Will MacAskill. Thanks a lot for the support.

Sources & further reading:
https://sites.google.com/view/sources-civilization-collapse/

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Sep 5, 2022

Joscha Bach — Strong AI: Why we should be concerned

Posted by in categories: biological, economics, governance, military, robotics/AI

Title: Strong AI: Why we should be concerned about something nobody knows how to build.
Synopsis: At the moment, nobody fully knows how to create an intelligent system that rivals or exceed human capabilities (Strong AI). The impact and possible dangers of Strong AI appear to concern mostly those futurists that are not working in day-to-day AI research. This in turn gives rise to the idea that Strong AI is merely a myth, a sci fi trope and nothing that is ever going to be implemented. The current state of the art in AI is already sufficient to lead to irrevocable changes in labor markets, economy, warfare and governance. The need to deal with these near term changes does not absolve us from considering the implications of being no longer the most intelligent beings on this planet.
Despite the difficulties of developing Strong AI, there is no obvious reason why the principles embedded in biological brains should be outside of the range of what our engineering can achieve in the near future. While it is unlikely that current narrow AI systems will neatly scale towards general modeling and problem solving, many of the significant open questions in developing Strong AI appear to be known and solvable.

Talk held at ‘Artificial Intelligence / Human Possibilities’ event as adjunct to the AGI17 conference in Melbourne 2017.

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