БЛОГ

Archive for the ‘finance’ category: Page 128

Jul 31, 2017

How this 32-year-old investor with ties to Elon Musk wants to use AI to build a perfect planet

Posted by in categories: economics, Elon Musk, finance, robotics/AI, transportation

In a not-too-distant future city, superintelligent robots will carry out the majority of vital tasks. Driverless cars will ferry passengers to and from points of interest. Housing and healthcare will be affordable, if not free to all. Political leaders and technologists will speak the same language. And life is good.

Sam Altman, the 32-year-old president of Y Combinator, the most prestigious startup accelerator in Silicon Valley, has laid out this utopian vision over the years, and most definitively in a job listing posted on YC’s blog in June 2016.

“We’re seriously interested in building new cities and we think we know how to finance it if everything else makes sense,” the post read. “We need people with strong interests and bold ideas in architecture, ecology, economics, politics, technology, urban planning, and much more.”

Continue reading “How this 32-year-old investor with ties to Elon Musk wants to use AI to build a perfect planet” »

Jul 24, 2017

Cory Doctorow on technological immortality, the transporter problem, and fast-moving futures

Posted by in categories: biotech/medical, finance, government, life extension, neuroscience, security, surveillance

Cory Doctorow has made several careers out of thinking about the future, as a journalist and co-editor of Boing Boing, an activist with strong ties to the Creative Commons movement and the right-to-privacy movement, and an author of novels that largely revolve around the ways changing technology changes society. From his debut novel, Down And Out In The Magic Kingdom (about rival groups of Walt Disney World designers in a post-scarcity society where social currency determines personal value), to his most acclaimed, Little Brother (about a teenage gamer fighting the Department of Homeland Security), his books tend to be high-tech and high-concept, but more about how people interface with technologies that feel just a few years into the future.

But they also tend to address current social issues head-on. Doctorow’s latest novel, Walkaway, is largely about people who respond to the financial disparity between the ultra-rich and the 99 percent by walking away and building their own networked micro-societies in abandoned areas. Frightened of losing control over society, the 1 percent wages full-on war against the “walkaways,” especially after they develop a process that can digitize individual human brains, essentially uploading them to machines and making them immortal. When I talked to Doctorow about the book and the technology behind it, we started with how feasible any of this might be someday, but wound up getting deep into the questions of how to change society, whether people are fundamentally good, and the balance between fighting a surveillance state and streaming everything to protect ourselves from government overreach.

Read more

Jul 21, 2017

World dominance in three steps: China sets out road map to lead in artificial intelligence by 2030

Posted by in categories: finance, government, robotics/AI, supercomputing

Government finance will lead the way in AI research, including the development of supercomputers, and high performance semiconductor chips, software and the hiring of key talent to lead the field, China’s science and technology minister Wan Gang said in March during the country’s parliamentary meeting.


The Chinese government’s July 8 plan aims to keep pace with AI technology by 2020, make major breakthroughs by 2025, and lead the world in AI by 2030.

PUBLISHED : Friday, 21 July, 2017, 1:28pm.

Continue reading “World dominance in three steps: China sets out road map to lead in artificial intelligence by 2030” »

Jul 4, 2017

Why France Is Taking a Lesson in Culture From Silicon Valley

Posted by in categories: finance, government

While France needs to lure more international investors and further ease rules for entrepreneurs, the country, backed by government officials and tech leaders, has started to inject new energy into the start-up scene. France has already become one of Europe’s top destinations for start-up investment; venture capital and funding deals last year surpassed that activity in Germany, making it second only to Britain in Europe.


A new start-up incubator in Paris symbolizes France’s tech ambitions, but can the land of the 35-hour workweek overcome its cultural and regulatory barriers to surpass London and other tech hubs?

Read more

Jun 19, 2017

Solar Power Will Kill Coal Faster Than You Think

Posted by in categories: finance, solar power, sustainability

Bloomberg New Energy Finance’s outlook shows renewables will be cheaper almost everywhere in just a few years.

Read more

Jun 17, 2017

These 7 Disruptive Technologies Could Be Worth Trillions of Dollars

Posted by in categories: finance, singularity

Scientists, technologists, engineers, and visionaries are building the future. Amazing things are in the pipeline. It’s a big deal. But you already knew all that. Such speculation is common. What’s less common? Scale.

How big is big?

“Silicon Valley, Silicon Alley, Silicon Dock, all of the Silicons around the world, they are dreaming the dream. They are innovating,” Catherine Wood said at Singularity University’s Exponential Finance in New York. “We are sizing the opportunity. That’s what we do.”

Continue reading “These 7 Disruptive Technologies Could Be Worth Trillions of Dollars” »

Jun 17, 2017

Ray Kurzweil: Will Technology End the Nation State?

Posted by in categories: finance, Ray Kurzweil

Ray Kurzweil is an inventor, thinker, and futurist famous for forecasting the pace of technology and predicting the world of tomorrow. In this video, Kurzweil takes a look at the elementary particle of the classical world order, the nation state. Today, news, culture, and financial transactions cross borders in an instant. As technology makes borders less and less relevant, will we witness the end of the nation state as we’ve known it?

Article Image Credit: Stock media provided by BreakingTheWalls/Pond5.com

Continue reading “Ray Kurzweil: Will Technology End the Nation State​​?” »

Jun 7, 2017

IOS 11 lets you send and receive money via iMessage with Apple Pay

Posted by in categories: economics, finance

Apple just announced onstage at its Worldwide Developer’s Conference that Apple Pay is getting person-to-person payments. The feature will come in iOS 11, which was announced onstage, and will be available later this year.

It’s an obvious swipe at the part of the payments market that apps like Venmo, PayPal, and Square Cash have cornered. But there’s a catch — P2P payments with Apple Pay will live inside iMessage, and it’s unclear if Apple will let users perform them outside of its messaging app. Also, the money will be transferred to something called an “Apple Pay Cash Card,” which can then be sent to your bank account. That means Apple is not only coming for the Venmos of the world, but maybe the banks themselves.

Read more

Jun 2, 2017

Wallet Security: Cloud/Exchange Services

Posted by in categories: bitcoin, cryptocurrencies, finance, hacking

3½ years ago, I wrote a Bitcoin wallet safety primer for Naked Security, a newsletter by Sophos, the European antivirus lab. Articles are limited to just 500 hundred words, and so my primer barely conveyed a mindset—It outlined broad steps for protecting a Bitcoin wallet.

In retrospect, that article may have been a disservice to digital currency novices. For example, did you know that a mobile text message is not a good form of two-factor authentication? Relying on SMS can get your life savings wiped out. Who knew?!

With a tip of the hat to Cody Brown, here is an online wallet security narrative that beats my article by a mile. Actually, it is more of a warning than a tutorial. But, read it closely. Learn from Cody’s misfortune. Practice safe storage. If you glean anything from the article, at least do this:

  • Install Google Authenticator. Require it for any online account with stored value. If someone hijacks your phone account, they cannot authenticate an exchange or wallet transaction—even with Authenticator.
  • Many exchanges (like Coinbase) offer a “vault”. Sweep most of your savings into the vault instead of the daily-use wallet. This gives you time to detect a scam or intrusion and to halt withdrawals. What is a vault? In my opinion, it is better than a paper wallet! Like a bank account, it is a wallet administered by a trusted vendor, but with no internet connection and forced access delay.

Exchange and cloud users want instant response. They want to purchase things without delay and they want quick settlement of currency exchange. But online wallets come with great risk. They can be emptied in an instant. It is not as difficult to spoof your identity as you may think (Again: Read Cody’s article below!)

Continue reading “Wallet Security: Cloud/Exchange Services” »

Jun 2, 2017

Your entire wallet in one smartcard

Posted by in category: finance

This touch-screen card is going to replace your entire wallet.

Read more