Lifeboat Foundation: Safeguarding Humanity
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Category: economics

Wish he & a couple of others would join this ranks that others are on which makes way more sense plus benefits the masses tremendously. Musk needs to join others in their work to enhance humans via Quantum Biosystems as this work is already showing signs of success across multiple areas such as anti-aging, disease elimination, intelligence & communications, security, reduction in costs of healthcare & social programs, advancements in new creative innovations in technology & medicine, new industry new growth/ economic expansion, elimination of starvation, etc.

How can humans stay relevant in an age of artificial intelligence? Elon Musk thinks cyborgs are the answer.

The Tesla and SpaceX CEO discussed the need for a “merger of biological intelligence and digital intelligence” during a talk on Monday at the World Government Summit in Dubai, CNBC reported.

One of the main advantages computers have over humans is the speed at which they can send out information, Musk said. While humans are limited by the speed of their typing, a computer can send out information at “a trillion bits per second,” Musk said. As artificial intelligence (AI) becomes more advanced, humans will also need to evolve to remain relevant, he added.

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Not shocking to see; wonder how long this fact finally came out; as when you review much of the research and application of blockchaining that it is not hard to figure out that as more and more QC goes online; we would need a way to bridge block chaining environments to QC.

Quantum mechanics have ignited a transformational change in the way we envision the world and utilize technology. Economics is one of the prominent fields throughout which Quantum mechanics can be deployed. Quantum mechanics can be utilized to create a novel class of blockchains. A new paper has just been published exploring the possibilities of building blockchains on the basis of Quantum mechanics. It discusses how Quantum mechanics can be ideally deployed to build a new class of blockchains.

Quantum based blockchains, known as K-Chains, have a group of advantages over classical blockchains including communication of transactions at a Faster-Than-Light (FTL) speed, unlimited capacity of the network and an innovative offline blockchain that needn’t be connected to the internet for transactions to be executed. Extrapolation of these possibilities can lead to the creation of Quantum Turing Machines that rely on the Quantum Blockchain (K-Chain) technology. Real time data and communication protocols that span across distances of “light years” will be possible.

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A new story out on Engadget, emphasizing the need to make government treat science and technology as a primary focus:

Zoltan Istvan didn’t have much of a chance at being president, but that didn’t stop him from campaigning as the Transhumanist Party’s candidate to promote his pro-technology and science positions. Now, he’s setting his sights a bit lower, and with a different party. Istvan announced this morning that he plans to run for governor of California in 2018 under the Libertarian Party.

“We need leadership that is willing to use radical science, technology, and innovation—what California is famous for—to benefit us all,” he wrote in a Newsweek article. “We need someone with the nerve to risk the tremendous possibilities to save the environment through bioengineering, to end cancer by seeking a vaccine or a gene-editing solution for it, to embrace startups that will take California from the world’s 7th largest economy to maybe even the largest economy—bigger than the rest of America altogether.”

When we spoke to him in November, Istvan made it clear that he would be looking at the Libertarian Party if he were to run for president again. Not only does he identify as libertarian, he also saw the benefit of working with a more established political party, instead of starting one from the ground up.

“The most important thing I learned from my presidential campaign is that this is a team sport,” Istvan said in an email. “Without the proper managers, volunteers, spokespeople, and supporters, it’s really impossible to make a dent in an election. That’s part of the reason I joined the Libertarian Party for my governor run. They have tens of thousands of active supporters in California alone, so my election begins with real resources and infrastructure to draw upon. That’s a large difference from my Presidential campaign, where we essentially were shoe-stringing it the whole time.”

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The effects of a rapidly aging population have a number of serious economic and social implications.

What a rapidly aging populaton means to the economy and the workforce and why biotechnology is the answer.

#aging #economy

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At the heart of Bitcoin or any Blockchain ledger is a distributed consensus mechanism. It’s a lot like voting. A large and diverse deliberative community validates each, individual user transaction, ownership stake or vote.

But a distributed consensus mechanism is only effective and faithful if the community is impartial. To be impartial, voters must be fairly separated. That is, there must be no collusion enabled by concentration or hidden collaboration. They must be separated from the buyer and seller; they must be separated from the big stakeholders; and they must be separated from each other. Without believable and measurable separation, all sorts of problems ensue. One problem that has made news in the Bitcoin word is the geographical concentration of miners and mining pools.

A distributed or decentralized transaction validation is typically achieved based on Proof-of-Work (POW) or Proof-of-Stake (POS). [explain]. But in practice, these methodologies exhibit subtle problems…

The problem is that Proof-of-Work can waste an enormous amount of energy and both techniques result in a concentration of power (either by geography or by special interest) — rather than a fair, distributed consensus.

In a quasi-formal paper, C.V. Alkan describes a fresh approach to Blockchain consensus. that he calls Distributed Objective Consensus. As you try to absorb his mechanism, you encounter concepts of Sybil attacks, minting inequality, the “nothing-at-stake” problem, punishment schemes and heartbeat transactions. Could Alkan’s distributed consensus mechanism be too complex for the public to understand or use?…

While I have a concern that time stamps and parent-child schemes may degrade user anonymity, the complexity doesn’t concern me. Alkan’s paper is a technical proposal for magic under the covers. Properly implemented, a buyer and seller (and even a miner) needn’t fully understand the science. The user interface to their wallet or financial statement would certainly be shielded from the underlying mechanics.

Put another way: You would not expect a user to understand the mechanism any more than an airline passenger understands the combustion process inside a jet engine. They only want to know:

• Does it work? • Is it safe? • Is it cost effective? • Will I get there on time?

So will Alkan’s Decentralized Objective Consensus solve the resource and concentration problems that creep into POW and POS? Perhaps. At first glance, his technical presentation appears promising. I will return to explore the impact on privacy and anonymity, which is my personal hot button. It is a critical component for long term success of any coin transaction system built on distributed consensus. That is, forensic access and analysis of a wallet or transaction audit trail must be impossible without the consent and participation of at least one party to a transaction.

Philip Raymond co-chairs CRYPSA and The Bitcoin Event. He is a Lifeboat board member, editor
at AWildDuck and will deliver the keynote address at Digital Currency Summit in Johannesburg.

Early probes are one thing, but can we build a continuing presence among the stars, human or robotic? An evolutionary treatment of starflight sees it growing from a steadily expanding presence right here in our Solar System, the kind of infrastructure Alex Tolley examines in the essay below. How we get to a system-wide infrastructure is the challenge, one analyzed by a paper that sees artificial intelligence and 3D printing as key drivers leading to a rapidly expanding space economy. The subject is a natural for Tolley, who is co-author (with Brian McConnell) of A Design for a Reusable Water-Based Spacecraft Known as the Spacecoach (Springer, 2016). An ingenious solution to cheap transportation among the planets, the Spacecoach could readily be part of the equation as we bring assets available off-planet into our economy and deploy them for even deeper explorations. Alex is a lecturer in biology at the University of California, and has been a Centauri Dreams regular for as long as I can remember, one whose insights are often a touchstone for my own thinking.

By Alex Tolley

alexgetty_2x

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