Lifeboat Foundation

Ask just about anyone on the street to describe artificial intelligence and odds are, they’ll describe something resembling the futuristic science fiction robot they’ve seen in movies and television shows. However, according to Mathematician, Linguist and Artificial Intelligence Researcher Dr. András Kornai, artificial intelligence is a reality right now, and its impact can be seen every day.

“I’d say 35 percent of the total commerce taking place on Wall Street (right now) is driven by algorithms and it’s no longer driven by humans,” Kornai said. “This is not science fiction. (Artificial intelligence) is with us today.”

What we’ve seen so far in the application of algorithm-based artificial intelligence in the financial sector is just the tip of the iceberg, Kornai said. In fact, you don’t even have to own stock to be affected by it.

“I have designed algorithms that will (determine) your creditworthiness, meaning your creditworthiness is now determined by an algorithm,” he said. “We have substituted human-decision making capabilities in favor of better algorithms to pursue this, and we have given up a huge area of human competence, and money is just one aspect of it.”

Continue reading “Artificial Intelligence Is A Big Part Of Your Life, Just Don’t Buy The Hollywood Hype” »

A footpath in the UK has been equipped with free Wi-Fi coverage, with manholes, on-street cabinets, and other ‘street furniture’ being used to broadcast the signal, which reaches maximum speeds of 166 Mbps and can be accessed from up to 80 metres (260 feet) away.

For the time being, this is a very small-scale scheme: the connected street has been set up in the market town of Chesham, home to some 21,000 people, about 50 km outside of London. As you might expect, it’s a promotional stunt on the part of Virgin Media, but the company says it’s committed to improving public Wi-Fi access across the country, and will be using feedback from the trial in Chesham to help inform its future plans.

“The unlimited Wi-Fi service is available to residents, businesses, and visitors passing through the centre of Chesham,” explains the Virgin Media team. “The service even covers parts of Lowndes Park — Chesham’s 36-acre park space.”

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A robot construction worker that can move around a building site autonomously and make architectural structures is being developed by Swiss designers and roboticists. Jim Drury saw it for himself.

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Continue reading “Robot builder designed for construction sites” »

“The nature of work, employment, jobs, and economics will have to change over the next 35 years, or the world will face massive unemployment by 2050. This was a key conclusion of the Future Work/Technology 2050 study published in the “2015−16 State of the Future.””

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http://spacenews.com/planned-u-s-investment-in-space-awarene…PqrOS.dpuf

“SpaceX on Oct. 16 said it had changed its Falcon 9 return-to-flight plans and would first launch 11 small Orbcomm messaging satellites into low Earth orbit, and then test reignition of the rocket’s redesigned second-stage engine during the same flight before launching SES’s heavier telecommunications satellite into higher orbit, a mission that will need the reignition capability”

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UK pedestrians in Chesham will experience a first when they stroll around. Virgin Media is behind the initiative of a Smart WiFi Pavement, to provide people with Wi-Fi access. Residents will be able to “streetsurf,” according to the news release. Virgin Media is a provider of all four broadband, TV, mobile phone and home phone services in the UK.

The company is out to make a name in improving out-of-home connectivity. The Virgin Media news release said, “Chiltern District Council and Virgin Media have joined forces to blanket Chesham’s high street with superfast WiFi. The unlimited WiFi service is available to residents, businesses and visitors passing through the center of Chesham; the service even covers parts of Lowndes Park – Chesham’s 36 acre park space.” The pilot is available to all the 21,000 residents and businesses of Chesham.

Speeds of up to 166Mbps are highlighted; the number is seven times the average UK broadband speed.

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The Transhumanist Party is 1-year-old today:

On October 7th, 2015, the Transhumanist Party will reach its first birthday. Started as way to introduce forward thinking and futurist politics into government, the party has caught on around the world and now has over a dozen national parties. The motto of the Transhumanist Party in America is: Putting Science, Health, and Technology at the Forefront of US Politics.

Continue reading “The Transhumanist Party Turns 1-Year-Old” »

“That makes Veritas the first company to break the much anticipated threshold of a “$1,000 genome.” Mirza Cifric, Veritas’s CEO, confirmed that, initially at least, the new price is less than the cost of actually generating the data, when equipment and chemical supplies are included.”

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