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Archive for the ‘finance’ category: Page 129

Jan 22, 2016

Apple hires virtual and augmented reality tech expert: Report

Posted by in categories: augmented reality, computing, finance, mobile phones, virtual reality, wearables

Virginia Tech’s Professor Doug Bowman comes to Apple to make VR. This should be very interesting since he won the research grant to work on the “Hololens” — could be interesting.


According to a report in the Financial Times, Apple has hired one of the leading experts on virtual and augmented reality — Virginia Tech computer science professor Doug Bowman. He was recently listed among grant winners for HoloLens research projects and is skilled in creating 3D user interfaces, reports Endgadget. He has also co-authored a book called 3D User Interfaces Theory and Practice.

He’s been working on technologies such as wearable displays and full surround display prototypes at Virginia Tech.

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Jan 21, 2016

Why you should be scared of robots

Posted by in categories: biotech/medical, business, computing, finance, habitats, health, robotics/AI, security, singularity

Another article highlighting the fears around Singularity. There are so many great things that will come from Singularity such as Cancer is wiped out, improved healthcare across the board and cheaper, etc. And, there are also downsides as Gates, Musk, etc. have warned folks especially around AI.

So, what are our options and obligations around Singularity? In reality, you will not be able to stop this evolution from happening. However, each person has a right to decide how much singularity is right for their own private use. As a business or a company, there are many things to consider such as Total Cost of Ownership v. ROI, tax codes or how government will view “humanoids” v. non-humanoids as it relates to CapEx and Taxes, etc. And, the company or business needs to ensure that there are appropriate safegaurds in place in order to protect their data, etc… Also, government has an obligation to the people in general in safegaurding our rights, security, and safety.

Another, question that will continue to be raised and will increase overtime is government and business obligations to the financial welfare of the people. And, this one will become more and more complex and interesting overtime. If AI was to truly displace millions of workers; how will the countries help feed, clothe, and house millions displaced people beyond what they have done in their own country’s past? Will the countries government place a special tax structure on companies and businesses to help fund the displaced workers and their families? Or, will it be a joint partnership with business and government? It does make one wonder.

Continue reading “Why you should be scared of robots” »

Jan 21, 2016

FINANCIAL PANIC: China’s stock markets hit again as fears grow for GLOBAL CRASH

Posted by in categories: finance, quantum physics, robotics/AI

Investments in gene editing, AI, robotics, Quantum; everything is looking rosy. What could potentially go wrong or slow us down?


STOCK markets in China and Asia have taken another hammering, hitting traders in Britain and across the globe with yet more waves of panic.

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Jan 20, 2016

Lagarde: The end of cash could happen within a decade

Posted by in categories: economics, evolution, finance

Ok, my one world currency comsipracy friends; here is a story for you.


Cash could become history within a decade, thanks to new financial instruments, including virtual currencies, some of the world’s leading bankers said during the World Economic Forum on Wednesday (20 January).

The impact of technology, the overarching theme of this year’s meeting, will be very significant.

Continue reading “Lagarde: The end of cash could happen within a decade” »

Jan 20, 2016

Bionic advances to defeat death

Posted by in categories: cyborgs, finance, life extension, transhumanism

Life extension story in Financial Times:


People have long dreamt of extending the human lifespan from the biblical “three score years and 10” (70) to reach Methuselah’s 969 and beyond.

Demographic statistics show remarkable progress in fending off death, at least in the developed world. In reality, average life expectancy in biblical times was not 70 but about 35 years. In Britain this rose to about 50 in 1900, 76 in 1990 and 82 today.

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Jan 11, 2016

How quantum computation will be a goldmine for the financial world

Posted by in categories: finance, quantum physics

This article just posted today. Great news; the author did reference the risks that we face with our information, etc. as it relates with countries like Russia and China who are investing in Quantum.


The impact of quantum computation on the financial markets will be direct and swift, and introduces new highs and new lows, opening a playing field of near limitless potential.

Continue reading “How quantum computation will be a goldmine for the financial world” »

Jan 10, 2016

Quantum Computing – things that need to be considered for our future Quantum Computing World

Posted by in categories: computing, finance, internet, mobile phones, quantum physics, robotics/AI, space, virtual reality, wearables

Sharing my recent posting that I did on Linkedin Pulse. I will admit that I purposely delayed this article in concerns of creating a panic; however, with the progress that has been occuring across the globe and in some cases accelerated the maturity of this technology; I believe it is time for governments, industries, etc. to start thinking about their own broader strategic plans around Quantum as well as how they will address any impacts.


Quantum Computing is making great progress in so many areas such as chips, network/ Internet, etc. each month. And, many industries such as financials, telecom, tech, and public sector namely defense and space, etc. have made big investments in this technology as well as have developed some interesting partnerships such as Wall Street. Everything looks so promising and exciting for our future when we look at the various ways how Quantum Computing can change our lives around AI, improving the medical technologies, how we interact with devices (wearables, VR, etc.), and even how we travel will advance through this technology. The future looks extremely rosy and bright; right?.

I believe it can be with Quantum; however, in every major shift/ disruption in technology, there is always a transformation progression that has to naturally occur thru stages. And, Quantum is no different; however, the disruption that Quantum will bring is going to be on a much more massive scale than what we have seen in the past. The reason why is Quantum is truly going to impact and improve every area of technology not just in devices, or a platform, AI, VR, etc.; I mean everything in technology will be changed and improved by Quantum over time.

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Dec 21, 2015

Inside OpenAI: Will Transparency Protect Us From Artificial Intelligence Run Amok?

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

Last Friday at the Neural Information and Processing Systems conference in Montreal, Canada, a team of artificial intelligence luminaries announced OpenAI, a non-profit company set to change the world of machine learning.

Backed by Tesla and Space X’s Elon Musk and Y Combinator’s Sam Altman, OpenAI has a hefty budget and even heftier goals. With a billion dollars in initial funding, OpenAI eschews the need for financial gains, allowing it to place itself on sky-high moral grounds.

artificial-general-intelligenceBy not having to answer to industry or academia, OpenAI hopes to focus not just on developing digital intelligence, but also guide research along an ethical route that, according to their inaugural blog post, “benefits humanity as a whole.”

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Dec 18, 2015

Report: artificial intelligence will cause “structural collapse” of law firms

Posted by in categories: biotech/medical, business, finance, health, law, life extension, robotics/AI


Robots and artificial intelligence (AI) will dominate legal practice within 15 years, perhaps leading to the “structural collapse” of law firms, a report predicting the shape of the legal market has envisaged.

Civilisation 2030: The near future for law firms, by Jomati Consultants, foresees a world in which population growth is actually slowing, with “peak humanity” occurring as early as 2055, and ageing populations bringing a growth in demand for legal work on issues affecting older people.

This could mean more advice needed by healthcare and specialist construction companies on the building and financing of hospitals, and on pension investment businesses, as well as financial and regulatory work around the demographic changes to come; more age-related litigation, IP battles between pharmaceutical companies, and around so-called “geriatric-tech” related IP.

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Dec 16, 2015

Carlota Perez: In the midst of ICT revolution: next revolution 30 years out | vimeo.com

Posted by in categories: business, computing, economics, finance, governance, innovation, policy, robotics/AI, science, strategy

Economist Carlota Perez talk about the future of ICT.