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Archive for the ‘disruptive technology’ category: Page 12

Aug 1, 2015

So — what is Ethereum; and, how does it relate to Law?

Posted by in categories: automation, big data, complex systems, disruptive technology, economics, ethics, governance, human trajectories, information science, law

Quoted: “Traditional law is a form of agreement. It is an agreement among people and their leaders as to how people should behave. There are also legal contracts between individuals. These contracts are a form of private law that applies to the participants. Both types of agreement are enforced by a government’s legal system.”

“Ethereum is both a digital currency and a programming language. But it is the combination of these ingredients that make it special. Since most agreements involve the exchange of economic value, or have economic consequences, we can implement whole categories of public and private law using Ethereum. An agreement involving transfer of value can be precisely defined and automatically enforced with the same script.”

“When viewed from the future, today’s current legal system seems downright primitive. We have law libraries — buildings filled with words that nobody reads and whose meaning is unclear, even to courts who enforce them arbitrarily. Our private contracts amount to vague personal promises and a mere hope they might be honored.

For the first time, Ethereum offers an alternative. A new kind of law.”

Read the article here > http://etherscripter.com/what_is_ethereum.html

Jul 30, 2015

Dr. Steve Omohundro and the Implications of A.I. in the Future of Industry

Posted by in categories: computing, disruptive technology, robotics/AI

Concerns about the future of artificial intelligence (AI) have recently gained coverage thanks to pioneers like Hawking, Gates, and Musk, though certainly others have been peering down that rabbit hole for some time. While we certainly need to keep our eyes on the far-reaching, it behooves us to take a closer look at the social issues that are right under our noses.

The question of artificial intelligence transforming industry is not a question of when — it’s already happening — but rather of how automation is creeping in and impacting some of the biggest influencers in the economic sphere i.e. transportation, healthcare, and others, some of which may surprise you.

I recently discussed these near-at-hand social implications and ambiguities with Steve Omohundro, CEO and founder of Possibility Research.

Social Implications of AI

In the words of Mr. Omohundro, we’re “on the verge of major transformation” in myriad ways. Consider near-term economics. McKinsey&Company have estimated that the presence of AI automation could impact the economy by $10 to $25 trillion in the next 10 years. Gartner, an information technology research group, estimates that 1/3 of all jobs will be relegated to the world of AI by 2025.

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Jul 25, 2015

IBM believes blockchain is an “elegant solution” for Internet of Things

Posted by in categories: automation, big data, bitcoin, complex systems, disruptive technology, information science, internet

Quoted: “IBM’s first report shows that “a low-cost, private-by-design ‘democracy of devices’ will emerge” in order to “enable new digital economies and create new value, while offering consumers and enterprises fundamentally better products and user experiences.” “According to the company, the structure we are using at the moment already needs a reboot and a massive update. IBM believes that the current Internet of Things won’t scale to a network that can handle hundreds of billions of devices. The operative word is ‘change’ and this is where the blockchain will come in handy.”

Read the article here > https://99bitcoins.com/ibm-believes-blockchain-elegant-solut…of-things/

Jun 23, 2015

Honda’s Gravity Modification Research

Posted by in categories: anti-gravity, business, cosmology, defense, disruptive technology, engineering, general relativity, gravity, innovation, particle physics, physics, quantum physics, science, space travel

Gravity modification, the scientific term for antigravity, is the ability to modify the gravitational field without the use of mass. Thus legacy physics, the RSQ (Relativity, String & Quantum) theories, cannot deliver either the physics or technology as these require mass as their field origin.

Ron Kita who recently received the first US patent (8901943) related to gravity modification, in recent history, introduced me to Dr. Takaaki Musha some years ago. Dr. Musha has a distinguished history researching Biefeld-Brown in Japan, going back to the late 1980s, and worked for the Ministry of Defense and Honda R&D.

Dr. Musha is currently editing New Frontiers in Space Propulsion (Nova Publishers) expected later this year. He is one of the founders of the International Society for Space Science whose aim is to develop new propulsion systems for interstellar travel.

Wait. What? Honda? Yes. For us Americans, it is unthinkable for General Motors to investigate gravity modification, and here was Honda in the 1990s, at that, researching this topic.

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Jun 23, 2015

The Feasibility of Interstellar Propulsion

Posted by in categories: cosmology, defense, disruptive technology, general relativity, gravity, innovation, particle physics, philosophy, physics, policy, quantum physics, space travel

Recent revelations of NASA’s Eagleworks Em Drive caused a sensation on the internet as to why interstellar propulsion can or cannot be possible. The nay sayers pointed to shoddy engineering and impossible physics, and ayes pointed to the physics of the Alcubierre-type warp drives based on General Relativity.

So what is it? Are warp drives feasible? The answer is both yes and no. Allow me to explain.

The empirical evidence of the Michelson-Morley experiment of 1887, now known as the Lorentz-FitzGerald Transformations (LFT), proposed by FitzGerald in 1889, and Lorentz in 1892, show beyond a shadow of doubt that nothing can have a motion with a velocity greater than the velocity of light. In 1905 Einstein derived LFT from first principles as the basis for the Special Theory of Relativity (STR).

So if nothing can travel faster than light why does the Alcubierre-type warp drive matter? The late Prof. Morris Klein explained in his book, Mathematics: The Loss of Certainty, that mathematics has become so powerful that it can now be used to prove anything, and therefore, the loss of certainty in the value of these mathematical models. The antidote for this is to stay close to the empirical evidence.

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Jun 9, 2015

3D printing just made space travel cheaper — Nyshka Chandran MSNBC

Posted by in categories: 3D printing, disruptive technology, space, space travel

Companies looking to launch satellites into space typically spend anywhere from $10–50 million per launch but thanks to 3D printing, those costs are set to drop in a big way.

For $4.9 million, businesses can use RocketLab to send small satellites into orbit. The firm’s engine, called the Rutherford, is powered by an electric motor and is the first oxygen and hydrocarbon engine to use 3D printing for all its primary components. The New Zealand company is set to begin test flights this year and aims to launch weekly commercial operations next year. Read more

May 27, 2015

MIT’s President: Op-ed on Innovation

Posted by in categories: business, disruptive technology, economics, education, finance, government, innovation, policy, science, strategy

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“[T]he United States needs a more systematic way to help its bottled-up new-science innovators deliver their ideas to the world.”

A better way to deliver innovation to the world

May 26, 2015

Could Bitcoin be Dethroned by an Altcoin?

Posted by in categories: bitcoin, cryptocurrencies, disruptive technology, economics, encryption

Cryptocurrency aficionados have been discussing Bitcoin limitations ever since the blockchain buzz hit the street. Geeks toss around ideas for clearing transactions faster, resisting potential attacks, rewarding miners after the last coin is mined, and supporting anonymity (or the opposite—if you lean toward the altcoinsdark side). There are many areas in which Bitcoin could be improved, or made more conducive to one camp or another.

Distinguished Penn State professor, John Carroll, believes that Bitcoin may eventually be marginalized due to its early arrival. He believes that its limitations will eventually be overcome by newer “altcoins”, presumably with improved mechanisms.

So, does progress in any of these areas threaten the reigning champ? It’s unlikely…

Andreas-transparentMore than any other individual, Andreas Antonopoulos is the face of Bitcoin. We discussed this very issue in the outer lobby of the MIT Bitcoin Expo at which he was keynote speaker (March 2015). Then, we discussed it again, when I hosted his presentation at The Bitcoin Event in New York (also in March). He clearly and succinctly explained to me why it is unlikely that an altcoin will replace Bitcoin as the dominant—and eventually surviving—cryptocurrency

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Apr 18, 2015

Game-Changing Technologies

Posted by in categories: augmented reality, disruptive technology, economics, space

Game-changing technologies can be a waste of money or a competitive advantage. It depends on the technology and the organization.

It seems like the term “game-changing” gets tossed around a lot lately. This is particularly true with respect to new technologies. But what does the term mean, what are the implications, and how can you measure it?

With regarding to what it means, I like the MacMillan dictionary definition for game-changing. It is defined as “Completely changing the way that something is done, thought about, or made.” The reason I like this definition is it captures the transformational nature of what springs to mind when I hear the term game-changing. This should be just what it says. Not just a whole new ball game, but a whole new type of game entirely.

Every industry is unique. What is a game-changer for one, might only be a minor disruption or improvement for another. For example, the internal combustion engine was a game-changer for the transportation industry. It was important, though less of a game-changer for the asphalt industry due to secondary effect of increased demand for paved roads.

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Apr 16, 2015

SpaceX’s Success

Posted by in categories: complex systems, disruptive technology, engineering, innovation, space, space travel

I read all the news about SpaceX’s Falcon 9 latest “failure” to land on an autonomous spaceport drone ship aka barge. I view these as trials to success. Here’s why.

1. Grasshopper Successes: The two videos below show that the early landing trials aka Grasshopper from several heights between 250m and 1,000m.

The lessons here are:

a) Pinpoint landing of a 1st stage rocket is technologically feasible.

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