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Archive for the ‘economics’ category: Page 167

Oct 29, 2016

How Smart Beta ETFs of the Future Will Use AI

Posted by in categories: bioengineering, biological, computing, economics, finance, information science, quantum physics, robotics/AI

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?

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Oct 28, 2016

How Economists View the Rise of Artificial Intelligence

Posted by in categories: computing, economics, robotics/AI

Machine learning will drop the cost of making predictions, but raise the value of human judgement.

To really understand the impact of artificial intelligence in the modern world, it’s best to think beyond the mega-research projects like those that helped Google recognize cats in photos.

According to professor Ajay Agrawal of the University of Toronto, humanity should be pondering how the ability of cutting edge A.I. techniques like deep learning —which has boosted the ability for computers to recognize patterns in enormous loads of data—could reshape the global economy.

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Oct 25, 2016

Opinion: Workers will simply try to survive, rather than prosper, as tech takes over the economy

Posted by in categories: economics, employment

An assumption was that new jobs in new industries would take up displaced workers — but that hasn’t happened, says Satyajit Das.

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Oct 23, 2016

MORGAN STANLEY: It is ‘under appreciated’ how devastating the world’s ageing population could be for the global economy

Posted by in categories: economics, life extension

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Oct 21, 2016

In NYC today I did a live interview at with Armand Aviram

Posted by in categories: economics, geopolitics, transhumanism

Lots of topics discussed including my campaign, transhumanism, and my support of a Universal Basic Income:


We’re with 2016 Presidential candidate, Zoltan Istvan, who is running under the Transhumanist Party. What’s transhumanism? Find out and let us know what your questions are for Zoltan.

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Oct 19, 2016

NASA Offers Prize Money for 3D-Printed Habitat Ideas

Posted by in categories: 3D printing, economics, habitats, space travel

NASA is offering $1.1 million in prize money in Phase 2 of the 3D-Printed Habitat Challenge for new ways to build houses where future space explorers can live and work.

The three-part competition asks citizen inventors to use readily available and recyclable materials for the raw material to print habitats.

Phase 2 focuses on the material technologies needed to manufacture structural components from a combination of indigenous materials and recyclables, or indigenous materials alone. NASA may use these technologies to construct shelters for future human explorers to Mars. On Earth, these same capabilities could also be used to produce affordable housing wherever it is needed or where access to conventional building materials and skills is limited.

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Oct 19, 2016

ECB Wants To Curb Bitcoin Use Over Fears It May “Lose Control Over Money Supply” | Zero Hedge

Posted by in categories: bitcoin, economics, governance, law

bitcoin-logo-3d

” … the ECB urged EU lawmakers to tighten proposed new rules on digital currencies such as bitcoin …”

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Oct 16, 2016

China Has Overtaken the U.S. In AI Research

Posted by in categories: economics, robotics/AI

In Brief:

  • The United States’ current levels of R&D spending on AI are one-half to one-quarter of the levels that would be best for economic growth.
  • Lagging behind in AI research could put the U.S. at a disadvantage if other countries get the opportunity to dictate how the technology is used.

The U.S. may be trailing behind China in artificial intelligence (AI) research — or at least in journal articles that mention “deep learning” or “deep neural network” — according to the White House’s National Artificial Intelligence Research and Development Strategic Plan.

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Oct 16, 2016

Saudi Commentator Praises Israel; Latest Sign of Warming Ties Between Jewish and Arab States

Posted by in categories: economics, security, sustainability

Could technology build friendships for Israel across the Middle East?


Israel and Saudi Arabia should form a “collaborative alliance” to become the “twin pillars of regional stability” in the Middle East, a top Saudi lobbyist wrote in The Hill on Tuesday, in what is the latest sign of warming and increasingly-public ties between Arab countries and the Jewish state.

Salman al-Ansari, the founder and president of the Saudi American Public Relations Affairs Committee, asserted that Israel can assist Saudi Arabia in implementing its Vision 2030, the Kingdom’s blueprint to diversify its economy. Al-Ansari specifically mentioned Israel’s expertise in mining and water technology, which makes Israel “extraordinarily qualified to help Saudi Arabia with its ambitious desalination plans.”

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Oct 15, 2016

California Space Center announces blockchain system for space economy

Posted by in categories: bitcoin, economics, Elon Musk, finance, space

California Space Center announces blockchain system for space economy

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.

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