Lifeboat Foundation

Legacy Method of Inheriting Assets

Many Bitcoin owners choose to use a custodial account, in which the private keys to a wallet are generated and controlled by their exchange—or even a bank or stock broker. In this case, funds are passed to heirs in the usual way. It works like this…

An executor, probate attorney, or someone with a legal claim contacts the organization that controls the assets. They present a death certificate, medical proxy or power-of-attorney. Just as with your bank account or stocks and bonds, you have the option of listing next of kin and the proportion of your assets that should be distributed to each. These custodial services routinely ask you to list individuals younger than you and alternate heirs, along with their street addresses, in the event that someone you list has died before you.

Of course, Bitcoin purists and Libertarians point out that the legacy method contradicts the whole point of owning a cryptocurrency. Fair enough.

Continue reading “What happens to your Bitcoin if you die or forget passwords?” »

Another milestone in the race to artificial superintelligence:

A study conducted by legal AI platform LawGeex in consultation with law professors from Stanford University, Duke University School of Law, and University of Southern California, pitted twenty experienced lawyers against an AI trained to evaluate legal contracts. Their 40 page report details how AI has overtaken top lawyers for the first time in accurately spotting risks in everyday business contracts.

Competitors were given four hours to review five non-disclosure agreements (NDAs) and identify 30 legal issues, including arbitration, confidentiality of relationship, and indemnification. They were scored by how accurately they identified each issue.

In our weekly news roundup: researching immunity to CRISPR, this year’s flu season, the legal battle over frozen embryos, and more.

Meow-Ludo Disco Gamma Meow-Meow couldn’t just toss away his New South Wales transit pass even after he found out that it got deactivated while he was on a trip to the USee, Meow-Meow (yes, that is his legal name) cut the chip out of the travel card, encased it in biocompatible plastic and had it implanted under the skin on his left hand. The biohacker now plans to file a lawsuit against New South Wales’ transport authorities, not just to fight the decision, but also to help create laws around body-hacking tech. In addition to the transit pass chip, Meow-Meow has two other implanted elect…

These campaigns could erode the base of the Legal Open Access movement: scientists’ awareness of their options for sharing research. Elbakyan, on the other hand, would be left unaffected. The legal campaigns against Sci-Hub have — through the Streisand effect — made the site more well-known than most mainstay repositories, and Elbakyan more famous than legal Open Access champions like Suber.

The threat posed by ACS’s injunction against Sci-Hub has increased support for the site from web activists organizations such as the EFF, which considesr the site “a symptom of a serious problem: people who can’t afford expensive journal subscriptions, and who don’t have institutional access to academic databases, are unable to use cutting-edge scientific research.”

In cramped quarters at Russia’s Higher School of Economics, shared by four students and a cat, sat a server with 13 hard drives. The server hosted Sci-Hub, a website with over 64 million academic papers available for free to anybody in the world. It was the reason that, one day in June 2015, Alexandra Elbakyan, the student and programmer with a futurist streak and a love for neuroscience blogs, opened her email to a message from the world’s largest publisher: “YOU HAVE BEEN SUED.”

Continue reading “Science’s pirate queen” »

WASHINGTON (Reuters) — Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, the U.S. Transportation Department said on Friday.

Last month, Transportation Secretary Elaine Chao said the Trump administration plans to unveil revised self-driving car guidelines this summer as the government sets out to rewrite regulations that pose legal barriers to robot vehicles.

Next month’s “summit” is to help “identify priority federal and non-federal activities that can accelerate the safe rollout” of autonomous vehicles, the department said. It will also be open to the public.

Continue reading “U.S. transportation agency calls March 1 ‘summit’ on autonomous cars” »

Tesla has managed to ship several high-end electric vehicles to consumers, but commercial trucking is the company’s next big move. After showing off its design for an electric semi truck, the company has been working on an aggressive release schedule. However, the vehicle hasn’t been spotted in real life until now. A video uploaded to YouTube shows Tesla’s sleek electric semi cruising down a road in California.

There are few details to glean from this short clip (below). The original prototype trucks Tesla unveiled several months back did not have side mirrors, leading some to suspect Tesla had some fancy alternative in mind. The truck just spotted in the wild does have mirrors, though. That’s necessary for it to be street-legal, so Tesla probably just omitted the mirrors for the announcement to make the truck look cooler.

Continue reading “Tesla Semi Spotted on California Street” »

Robots are already changing jobs as an endless array of robots enter our everyday lives. From trucking to service work to high-end jobs like doctors and lawyers, this documentary explores how robotics and artificial intelligence are changing the workplace.

AJ+‘s documentary series on automation explores how advancements in artificial intelligence, robotics, machine learning and automated vehicles will affect jobs, cities and inequality. From trucking to radiology, new technology is already changing white collar and blue collar occupations, reshaping cities and concentrating wealth in the hands of the few. Robots are taking over the world as companies like Tesla, Amazon, Uber and Google are using robots to automate.

Continue reading “The Future Is Automated And Every Job Is At Risk [Automation, Pt. 1]” »

““Every Uber driver, as far as I can see, gets a benefit,” said Edward Kleinbard, a USC professor and former chief of staff to Congress’ Joint Committee on Taxation.”

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