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Archive for the ‘finance’ category

Jul 21, 2017

World dominance in three steps: China sets out road map to lead in artificial intelligence by 2030

Posted by in categories: finance, government, robotics/AI, supercomputing

Government finance will lead the way in AI research, including the development of supercomputers, and high performance semiconductor chips, software and the hiring of key talent to lead the field, China’s science and technology minister Wan Gang said in March during the country’s parliamentary meeting.


The Chinese government’s July 8 plan aims to keep pace with AI technology by 2020, make major breakthroughs by 2025, and lead the world in AI by 2030.

PUBLISHED : Friday, 21 July, 2017, 1:28pm.

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Jul 4, 2017

Why France Is Taking a Lesson in Culture From Silicon Valley

Posted by in categories: finance, government

While France needs to lure more international investors and further ease rules for entrepreneurs, the country, backed by government officials and tech leaders, has started to inject new energy into the start-up scene. France has already become one of Europe’s top destinations for start-up investment; venture capital and funding deals last year surpassed that activity in Germany, making it second only to Britain in Europe.


A new start-up incubator in Paris symbolizes France’s tech ambitions, but can the land of the 35-hour workweek overcome its cultural and regulatory barriers to surpass London and other tech hubs?

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Jun 19, 2017

Solar Power Will Kill Coal Faster Than You Think

Posted by in categories: finance, solar power, sustainability

Bloomberg New Energy Finance’s outlook shows renewables will be cheaper almost everywhere in just a few years.

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Jun 17, 2017

These 7 Disruptive Technologies Could Be Worth Trillions of Dollars

Posted by in categories: finance, singularity

Scientists, technologists, engineers, and visionaries are building the future. Amazing things are in the pipeline. It’s a big deal. But you already knew all that. Such speculation is common. What’s less common? Scale.

How big is big?

“Silicon Valley, Silicon Alley, Silicon Dock, all of the Silicons around the world, they are dreaming the dream. They are innovating,” Catherine Wood said at Singularity University’s Exponential Finance in New York. “We are sizing the opportunity. That’s what we do.”

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Jun 17, 2017

Ray Kurzweil: Will Technology End the Nation State?

Posted by in categories: finance, particle physics, Ray Kurzweil

Ray Kurzweil is an inventor, thinker, and futurist famous for forecasting the pace of technology and predicting the world of tomorrow. In this video, Kurzweil takes a look at the elementary particle of the classical world order, the nation state. Today, news, culture, and financial transactions cross borders in an instant. As technology makes borders less and less relevant, will we witness the end of the nation state as we’ve known it?

Article Image Credit: Stock media provided by BreakingTheWalls/Pond5.com

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Jun 7, 2017

IOS 11 lets you send and receive money via iMessage with Apple Pay

Posted by in categories: economics, finance

Apple just announced onstage at its Worldwide Developer’s Conference that Apple Pay is getting person-to-person payments. The feature will come in iOS 11, which was announced onstage, and will be available later this year.

It’s an obvious swipe at the part of the payments market that apps like Venmo, PayPal, and Square Cash have cornered. But there’s a catch — P2P payments with Apple Pay will live inside iMessage, and it’s unclear if Apple will let users perform them outside of its messaging app. Also, the money will be transferred to something called an “Apple Pay Cash Card,” which can then be sent to your bank account. That means Apple is not only coming for the Venmos of the world, but maybe the banks themselves.

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Jun 2, 2017

Wallet Security: Cloud/Exchange Services

Posted by in categories: bitcoin, cryptocurrencies, finance, hacking

3½ years ago, I wrote a Bitcoin wallet safety primer for Naked Security, a newsletter by Sophos, the European antivirus lab. Articles are limited to just 500 hundred words, and so my primer barely conveyed a mindset—It outlined broad steps for protecting a Bitcoin wallet.

In retrospect, that article may have been a disservice to digital currency novices. For example, did you know that a mobile text message is not a good form of two-factor authentication? Relying on SMS can get your life savings wiped out. Who knew?!

With a tip of the hat to Cody Brown, here is an online wallet security narrative that beats my article by a mile. Actually, it is more of a warning than a tutorial. But, read it closely. Learn from Cody’s misfortune. Practice safe storage. If you glean anything from the article, at least do this:

  • Install Google Authenticator. Require it for any online account with stored value. If someone hijacks your phone account, they cannot authenticate an exchange or wallet transaction—even with Authenticator.
  • Many exchanges (like Coinbase) offer a “vault”. Sweep most of your savings into the vault instead of the daily-use wallet. This gives you time to detect a scam or intrusion and to halt withdrawals. What is a vault? In my opinion, it is better than a paper wallet! Like a bank account, it is a wallet administered by a trusted vendor, but with no internet connection and forced access delay.

Exchange and cloud users want instant response. They want to purchase things without delay and they want quick settlement of currency exchange. But online wallets come with great risk. They can be emptied in an instant. It is not as difficult to spoof your identity as you may think (Again: Read Cody’s article below!)

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Jun 1, 2017

Billionaire Entrepreneur says Longevity is the Next ‘money fountain’

Posted by in categories: biotech/medical, economics, finance, life extension

UK billionaire investor believes rejuvenation biotechnology will be the next mega-industry.


Many of you may already know about billionaire entrepreneur Jim Mellon and his interest in rejuvenation biotechnology. But for those of you who do not, we would like to introduce you to him and his exciting work.

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May 30, 2017

Zoltan Istvan: The Economy Of The Future Will Be Powered By Neural Lace

Posted by in categories: biotech/medical, cyborgs, economics, employment, finance, government, robotics/AI, transhumanism

A write-up on about neural lace and the future economy: https://altleft.host/zoltan-istvan-the-economy-of-the-future…ural-lace/ #transhumanism


Zoltan Istvan, a leading Transhuman, shows us that the economic system of Technocracy needs Transhuman citizens to make it work. This is not surprising because Transhumanism and Technocracy are two sides of the same coin. ⁃ TN Editor.

The battle for the “soul” of the global economy is underway. The next few decades will likely decide whether capitalism survives or is replaced with a techno-fuelled quasi-socialism where robots do most of the jobs while humans live off government support, likely a designated guaranteed or basic income.

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May 30, 2017

Catapult joins over 1,000 delegates at the UK Space Conference in Manchester

Posted by in categories: economics, finance, government, satellites

Today sees the launch of the biennial UK Space Conference, taking place at Manchester Central, from 30 May through to 1 June. This year’s conference is designed to inspire, enable and connect the UK and international space community.

The multiple plenary and parallel sessions feature informative and interactive presentations, workshops and debates covering a wide range of topics from space science through to how satellite data is being used by many industries here on Earth. The programme has been designed to provide a compelling forum to discuss the changing economic and technological landscape impacting the UK space sector.

Stuart Martin, CEO of the Satellite Applications Catapult, said: “The UK Space Conference provides an invaluable opportunity for those involved or interested in the space sector to gain up-to-date information, network with peers, establish new contacts, exchange information and improve links with government, industry, academia, customers, suppliers, and the financial community.

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