Lifeboat Foundation: Safeguarding Humanity
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Category: finance – Page 9

Mikey Siegel, with a background in robotics from the MIT Media Lab, shares insights from his decade-long exploration into technology’s role in human well-being and consciousness. He discusses the profound potential of Artificial General Intelligence (AGI) shaped with compassionate and wise values. Siegel emphasizes the importance of the human developmental process in creating benevolent AI and the integration of contemplative practices in tech development. He envisions a future where AGI supports human development globally with love and care, akin to a parent nurturing a child, ultimately fostering a connected and compassionate society.

00:00 Introduction to Mikey Siegel and His Work.
01:09 The Profound Impact of AGI on Humanity.
02:42 The Role of AI in Shaping Reality.
04:06 The Vision of a Compassionate Super Intelligence.
07:26 Creating AI from a Culture of Compassion.
07:51 Integrating Human Development in AI Creation.
09:28 Ownership and Developmental Stages of AI
12:13 Demystifying the Mystical Through Science.
14:53 Preparing for the Future of AI

SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive, and beneficial Artificial General Intelligence (AGI). An AGI is not dependent on any central entity, is open to anyone, and is not restricted to the narrow goals of a single corporation or even a single country.

The SingularityNET team includes seasoned engineers, scientists, researchers, entrepreneurs, and marketers. Our core platform and AI teams are further complemented by specialized teams devoted to application areas such as finance, robotics, biomedical AI, media, arts, and entertainment.

Continue reading “Elevating Humanity Through Technology | Deep Interview with Mikey Siegel” | >

Quantum simulation enables scientists to simulate and study complex systems that are challenging or even impossible using classical computers across various fields, including financial modeling, cybersecurity, pharmaceutical discoveries, AI and machine learning. For instance, exploring molecular vibronic spectra is critical in understanding the molecular properties in molecular design and analysis.

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Crypto exchange Coinbase just announced that Hawaii residents can now use its platform to buy and sell digital assets.

In a statement, the largest US-based crypto exchange says its products and services are now available in The Aloha State after the Hawaii Department of Commerce and Consumer Affairs (DCCA) Division of Financial Institutions (DFI) made regulatory changes that provided clarity for cryptocurrency firms.

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Intuitive Machines reported revenue of $41.4 million in the second quarter, more than double the $18 million the company reported in the same quarter of 2023. It had an operating loss of $28.2 million in the quarter, also more than double the $13.2 million operating loss it reported in the same quarter a year ago.

The company attributed the increase in revenue to new work, such as a NASA engineering services contract that started late last year as well as initial work on a Lunar Terrain Vehicle Services contract the company received in April.

The increased losses came from what Steve Vontur, chief financial officer, described as “non-cash impacts” to modifications to its next two lunar lander missions, IM-2 and IM-3, both flying payloads for NASA’s Commercial Lunar Payload Services (CLPS) program.

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Defense technology startup Anduril Industries Inc. has raised $1.5 billion in a new funding round and plans to spend hundreds of millions on a new facility to manufacture its rockets, underwater vehicles and other autonomous weapons systems at greater scale and speed.

The deal, which values Anduril at $14 billion, is one of the largest venture capital financings of the year so far, and reflects the company’s success getting government contracts, as well as rising investor enthusiasm for defense technology companies.

Peter Thiel’s Founders Fund and Sands Capital co-led the Series F funding round, which has been in the works for more than a month. The deal nearly doubles the startup’s valuation from its previous funding round in 2022, which raised $1.48 billion.

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Mathematics application to a new understanding thd world and life and information.

Dr. David Spivak introduces himself as a keynote speaker at the 17th Annual Artificial General Intelligence Conference in Seattle and shares his lifelong passion for math. He discusses his journey from feeling insecure about the world as a child, to grounding his understanding in mathematics.

Dr. Spivak is the Secretary of the Board at the Topos Institute and on the Topos staff as Senior Scientist and Institute Fellow, following an appointment as founding Chief Scientist. Since his PhD from UC Berkeley in 2007, he has worked to bring category-theoretic ideas into science, technology, and society, through novel mathematical research and collaboration with scientists from disciplines including Materials Science, Chemistry, Robotics, Aeronautics, and Computing. His mission at Topos is to help develop the ability for people, organizations, and societies to see more clearly—and hence to serve—the systems that sustain them.

Continue reading “David Spivak: Pioneering Math for Understanding Reality | AGI-24 Keynote Preview” | >

On Meta’s Wednesday earnings call, CFO Susan Li reiterated to investors that financial returns from its recent AI investments will “come in over a longer period of time.” Zuckerberg was direct about why Meta is spending billions on Nvidia hardware and the other infrastructure ahead of these future returns: “It’s hard to predict how this will trend multiple generations into the future, but at this point, I’d rather risk building capacity before it is needed rather than too late.”

He again telegraphed that the Meta AI assistant is on track to be the most used in the world before the end of the year. While he touted that generative AI features “are things that I think will increase engagement in our products,” he said the real revenue will come from business use cases, like AI creating ads from scratch and letting businesses operate their own AI agents in WhatsApp for customer service.

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A US Senate investigation is shedding light on just how often America’s big banks refuse to reimburse victims of fraud.

The Permanent Subcommittee on Investigations says JPMorgan Chase, Wells Fargo and Bank of America collectively refused to reimburse $880 million in Zelle transactions that customers reported as fraud between 2021 and 2023.

Specifically, the banks refused to reimburse $320 million to customers who were hit by unauthorized transactions – and rejected an additional $560 million in reimbursement to customers who were tricked into authorizing an illicit transaction.

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