Lifeboat Foundation

“Fintech lenders deserve their own valuation method, and I believe it should be a gross profit multiple.”

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2 November 2016. Two companies partnering with Auburn University developed a synthetic virus to find and destroy tumor cells in a type of bone cancer in dogs. Financial and intellectual property aspects of the agreement between synthetic gene company Gen9 in Cambridge, Massachusetts, design systems developer Autodesk Inc. in San Rafael, California, and Auburn University College of Veterinary Medicine in Alabama were not disclosed.

The research team created a synthetic version of canine adenovirus type 2, or CAV2, a virus usually associated with hepatitis in dogs. In this case, the synthetic CAV-2 virus is designed as an oncolytic virus that finds and attacks cancer cells, while leaving healthy cells and tissue intact. The genome in the organism is believed to be the longest in a functional virus synthesized for cancer research, with about 34,000 base pairs of nucleic acids. The human genome, by comparison, has about 3 billion base pairs.

The technology provided by Gen9 in this project makes it possible to eventually produce synthetic therapeutic viruses tailored for specific patients. Gen9 offers customized gene synthesis and is developing a library of synthesized proteins and antibodies. One of the 4 year-old company’s founders is George Church, a geneticist at Harvard Medical School and serial entrepreneur. In August 2016, as reported in Science & Enterprise, Church and colleagues, including those from Gen9, developed a synthetic E. coli bacteria genome with redundant DNA components removed.

Anyone who does not have QC as part of their 5+Yr Roadmap for IT are truly exposing their company as well as shareholders and customers. China, Russia, Cartels, DarkNet, etc. will use the technology to extort victims, destroy companies, economies, and complete countries where folks have not planned, budget, skilled up, and prep for full replacement of their infrastructure and Net access. Not to mention companies who have this infrastructure will provide better services/ CCE to svc. consumers.

In a recent article, we highlighted a smart beta ETF called the “Sprott BUZZ Social Media Insights ETF” that uses artificial intelligence (AI) to select and weight stocks. If we stop and think about that for a moment, that’s a pretty cool use of AI that seems well ahead of its time. Now we’re not saying that you should go out and buy this smart beta ETF right away. It uses social media data. We know that on social media, everyone’s an expert and many of the opinions that are stated are just that, opinions. However some of the signals may be legitimate. Someone who just bought Apple is likely to go on telling everyone how bullish they are on Apple shares. Bullish behavior is often accompanied by bullish rhetoric. And maybe that’s exactly the point, but the extent to which we’re actually using artificial intelligence here is not that meaningful. Simple scripting tools go out and scrape all this public data and then we use natural language processing (NLP) algorithms to determine if the data artifacts have a positive or negative sentiment. That’s not that intelligent, is it? This made us start to think about what it would take to create a truly “intelligent” smart beta ETF.

What is Smart Beta?

Continue reading “How Smart Beta ETFs of the Future Will Use AI” »

A nice read on the who’s who in QC: congrats Vern Brownell and Michelle S. in making the top 13 list.

Leaders in quantum computing discuss the challenges and potential for this technology across finance, AI, and many other fields.

Wall Street watchdogs turn to AI: System can scan markets and even chat rooms for rogue traders…

Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.

Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind.

Continue reading “‘Siri, catch market cheats’: Wall Street watchdogs turn to A.I” »

Artificial intelligence is a “momentous development,” said George Lee, co-chairman of the global technology, media and telecom group at Goldman Sachs.

“As awesome as the internet has been, it will be best remembered as really the predicate for machine learning,” said Lee, who’s also chief information officer of Goldman’s investment banking division. He appeared on CNBC’s “Squawk Alley” on Wednesday from Goldman’s Builders + Innovators Summit in Santa Barbara, California.

The internet enabled computing scale in a network and serves as a way to “collect data that’s used to train all these algorithms,” Lee said, predicting machine learning will “change our world … and even the course of our species in ways that are hard to predict today.”

Continue reading “Artificial intelligence will change the ‘course of our species’: Top Goldman tech banker” »

Group metals, a lil history on aluminum, technology needed, space law and more. The one great idea presented here is that many folks think stuff will be brought back to Earth. Though there would be some of that the resources out there will be used out there.

As Humans venture out far away from the Earth into the solar system, they will need material resources to keep us going. Where do we get those from? One for-profit company, Planetary Resources, wants to be the one to make it happen.

Continue reading “Mining Asteroids? An Interview with the CEO of Planetary Resources” »

I never get tired of articles highlighting the potential around leveraging Quantum teleporting as a method to replace networks and communications. Now the real question is how soon and how much of the existing infrastructure will need to be replaced to begin taking advantage of this technology earlier than others? As with most things, governments are often early adopters as well as Financial Services and ISPs are a close 2nd in the adoption of such technologies.

An experiment conducted about quantum teleportation could improve and transform the modern phone and Internet communication by having highly secure and encrypted messaging.

A recent study has suggested that comet outbursts are caused by avalanches and not geysers.

Continue reading “Quantum Teleportation Could Revolutionize Modern Phone And Internet Communication” »

California Space Center (CSC) founder Eva Blaisdell announced in a press release sent to CoinReport the launch of “Copernic,” a blockchain-based, finance-focused rights management system developed for the space industry.

Named after legendary Polish astronomer Copernicus, Copernic will provide the infrastructure for the future space economy and ecosystem to be built upon, said CSC.

Continue reading “California Space Center announces blockchain system for space economy” »