Lifeboat Foundation

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Exponential Fever. The business world is currently gripped by exponential fever. The concept came to prominence with Moore’s law — the doubling every 18–24 months of the amount of computer power available for $1,000. The phenomenon has since been replicated in many fields of science and technology. We now see the speed, functionality and performance of a range of technologies growing at an exponential rate – encompassing everything from data storage capacity and video download speed to the time taken to map a genome and the cost of producing a laboratory grown hamburger.

New Pretenders. A wave of new economy businesses has now brought exponential thinking to bear in transforming assumptions about how an industry works. For example, AirBnB handles roughly 90 times more bedroom listings per employee than the average hotel group, while Tangerine Bank can service seven times more customers than a typical competitor. In automotive, by adopting 3D printing, Local Motors can develop a new car model 1,000 times cheaper than traditional manufacturers, with each car coming ‘off the line’ 5 to 22 times faster. In response, businesses in literally every sector are pursuing exponential improvement in everything from new product development and order fulfillment through to professional productivity and the rate of revenue growth.

Stepping Up. For law firms, the transformation of other sectors and their accompanying legal frameworks creates a massive growth opportunity, coupled with the potential to bring similar approach to rethinking the way law firms operate. While some might be hesitant about applying these disruptive technologies internally, there is a clear opportunity to be captured from helping clients respond to these developments and from the creation of the industries of the future. To help bring to life the possibilities within legal, we highlight seven scenarios that illustrate how exponential change could transform law firms over the next 5 to 10 years.

Rise of the ‘Exponential Circle’. Our continuing programme of research on the future of law firms suggests that we will see exponential growth for those firms who can both master the legal implications of these technologies for their clients and become adept at their application within the firm. By 2025, we could indeed have witnessed the emergence of an Exponential Circle of law firms who have reached ‘escape velocity’ and left the rest behind.

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Artificial Intelligence (AI) represents both the biggest opportunity and potentially the greatest threat to the legal profession in history.

This is part of a bigger global revolution – where society, business and government are likely to experience more change in the next 20–30 years than in the last 500.

This large-scale disruption is being driven by the combined effects of AI and other disruptive technologies whose speed, power and capability are growing exponentially – or faster.

Continue reading “Unleashing the true potential of AI” »

“This work is based on our belief that VR offers new methods for storytelling and engagement.”

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“Psychologist says participants ‘seem to get deeper appreciation’ of their religious heritage in study conducted by scientists at Johns Hopkins University”

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Great story in Politico Magazine on #transhumanism and a future AI President. My direct digital democracy ideas and others are mentioned: “Istvan, for one, envisions regular national elections, in which voters would decide on the robot’s priorities and how it should come out on moral issues like abortion; the voters would then have a chance in the next election to change those choices. The initial programming of the system would no doubt be controversial, and the programmers would probably need to be elected, too. All of this would require amending the Constitution, Istvan acknowledges.”

Yes, it sounds nuts. But some techno-optimists really believe a computer could make better decisions for the country—without the drama and shortsightedness we accept from our human leaders.

The prospect of attaining superior intelligence or physical attributes may be tempting or appear liberating, but cybernetic enhancement could, theoretically, also be used as a means of control. Whoever manufactures the technologies that augment humans would be in a very powerful position and wield an immense degree of control over their human customers (or subjects). Moreover, cybernetically enhanced humans could see their microchips hacked, have their sensations detected by unwanted parties and stored in a database, or be at risk of receiving unsolicited or unpleasant impulses. Might we evolve from homo sapiens to homo servus?

The dream that we may one day transcend our physical and intellectual barriers through advancements in cybernetics and nanotechnology could became a reality during this century. But would this be a blessing or a curse?

As science expands its frontiers and technology continues to evolve, ideas once deemed fanciful or considered part of science fiction find themselves within the realm of possibility. New discoveries may give rise to unique potential and perils, as the field of ethics struggles to keep pace with the latest technological advancements. The dream that one day we humans may eclipse our physical and mental fetters through augmentation by cybernetics or nanotechnology could become a reality. Although transhumanism and posthumanism are considered modern concepts, the idea of improving or transcending the human condition has been explored in philosophy and literature since at least the mid-19th century.

Continue reading “Would human enhancement create Supermen or super tyrants?” »

Artificial meat and food may be among our best tools to solve the problems of animal cruelty, feeding a growing population, and (in part) global warming. What do vegans and vegetarians think? In favour of cruelty-free lab-grown meat, or against it by principle?

I often say that I am not a fan of ‘-isms’. Not even those supporting the causes I care for, such as transhumanism. I sympathise with some ‘-isms’ (again, such as transhumanism), but I never consider myself a ‘something-ist’. The reason is that, generally, ‘-isms’ have two problems. The first problem is that they almost always support at least some ideas, or make certain claims, which I disagree with or find too fanciful (certain acceptations of ‘mind uploading’ come to mind, but that’s a story for another post). The second problem is that, if you say you’re a something-ist, people will almost surely assume that you endorse, or believe in, some ideas that are really not your thing, merely because such ideas are either an integral part of the relevant something-ism, or are what people think something-ism is about (which may or may not be true). Not to mention the fact that people often regard the dictionary as the ultimate authority on what ‘real’ something-ism is about, cheerfully ignoring all its variants and flavours (which often blur into mainstream something-ism and each other), whose proponents are usually well persuaded that their own something-ism is the real thing—others just got it wrong.

There’s actually a third problem too. Namely, that if they’re not careful, something-ists who are a bit too zealous might end up putting their ideology before the reasons they embraced it in the first place. Sometimes, this can undermine the very objective something-ists intended to achieve with their embracing the ideology and spreading it left and right.

Continue reading “Artificial meat and the problems of ‘-isms’” »

In April, Scientists based in Philadelphia unveiled an artificial womb undergoing testing on fetal lambs. With a prediction from one of the researchers that the technology could be ready for human testing in three to five years, artificial wombs suddenly became the most unexpected rage of 2017. But what sort of artificial wombs might realistically be a part of healthcare in the near future?

In this video series, the Galactic Public Archives takes bite-sized looks at a variety of terms, technologies, and ideas that are likely to be prominent in the future. Terms are regularly changing and being redefined with the passing of time. With constant breakthroughs and the development of new technology and other resources, we seek to define what these things are and how they will impact our future.

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