Lifeboat Foundation: Safeguarding Humanity
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Category: finance

Wall Street watchdogs turn to AI: System can scan markets and even chat rooms for rogue traders…

Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.

Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind.

Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly.

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Artificial intelligence is a “momentous development,” said George Lee, co-chairman of the global technology, media and telecom group at Goldman Sachs.

“As awesome as the internet has been, it will be best remembered as really the predicate for machine learning,” said Lee, who’s also chief information officer of Goldman’s investment banking division. He appeared on CNBC’s “Squawk Alley” on Wednesday from Goldman’s Builders + Innovators Summit in Santa Barbara, California.

The internet enabled computing scale in a network and serves as a way to “collect data that’s used to train all these algorithms,” Lee said, predicting machine learning will “change our world … and even the course of our species in ways that are hard to predict today.”

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Group metals, a lil history on aluminum, technology needed, space law and more. The one great idea presented here is that many folks think stuff will be brought back to Earth. Though there would be some of that the resources out there will be used out there.

As Humans venture out far away from the Earth into the solar system, they will need material resources to keep us going. Where do we get those from? One for-profit company, Planetary Resources, wants to be the one to make it happen.

We had a chance to speak with the company’s President and CEO, Chris Lewicki about the company’s plans to survey, prospect, and exploit near-Earth asteroids. The company has a lot of financial backing and has plans to send its first satellite to an asteroid in 2020.

This interview was originally broadcast as part of our ongoing Facebook Live segment, The Convo: https://www.facebook.com/PCMag/videos/10154546668188396/

You can see more of our past interviews here: http://www.pcmag.com/article/346681/the-convo-pcmag-nerds-it-up-with-the-worlds-most-interesti

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I never get tired of articles highlighting the potential around leveraging Quantum teleporting as a method to replace networks and communications. Now the real question is how soon and how much of the existing infrastructure will need to be replaced to begin taking advantage of this technology earlier than others? As with most things, governments are often early adopters as well as Financial Services and ISPs are a close 2nd in the adoption of such technologies.

An experiment conducted about quantum teleportation could improve and transform the modern phone and Internet communication by having highly secure and encrypted messaging.

A recent study has suggested that comet outbursts are caused by avalanches and not geysers.

Will the testing of the new electric aircraft start a revolution in the aviation industry? Read what NASA has to say.

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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.

After mentioning that Elon Musk, the legendary founder of SpaceX, Tesla and PayPal recently presented plans at the ICA in Guadalajara outlining the next era of space exploration and the first steps towards colonization, the press release went on to say that Copernic was designed to be a platform for the space colonization era. With a system designed to be functional both on Earth and in space, Copernic, said CSC, plans to provide the ecosystem with an effective and transparent platform for the registration of rights and transfer of value.

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Germany isn’t content with relying on financial incentives to usher in an era of pollution-free cars. The country’s Bundesrat (federal council) has passed a resolution calling for a ban on new internal combustion engine cars by 2030. From then on, you’d have to buy a zero-emissions vehicle, whether it’s electric or running on a hydrogen fuel cell. This isn’t legally binding, but the Bundesrat is asking the European Commission to implement the ban across the European Union… and when German regulations tend to shape EU policy, there’s a chance that might happen.

The council also wants the European Commission to review its taxation policies and their effect on the “stimulation of emission-free mobility.” Just what that means isn’t clear. It could involve stronger tax incentives for buying zero-emissions cars, but it could also involve eliminating tax breaks for diesel cars in EU states. Automakers are already worried that tougher emission standards could kill diesels — remove the low cost of ownership and it’d only hasten their demise.

Not that the public would necessarily be worried. Forbes notes that registrations of diesels, still mainstays of the European car market, dropped sharply in numerous EU countries in August. There’s a real possibility that Volkswagen’s emission cheating scandal is having a delayed effect on diesel sales. Combine that with larger zero-emissions incentives and the proposed combustion engine ban, and it might not take much for Europeans to go with electric or hydrogen the next time they go car shopping.

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Xconomy National —

Drugs that use molecular scissors to snip out or replace defective genes. Altered mosquitoes meant to sabotage entire disease-carrying populations. Both are potential uses of genome editing, which thanks to the CRISPR-Cas9 system has spread throughout the world’s biology labs and is now on the doorstep of the outside world. But with its first applications could also come unintended consequences for human health and the environment. The U.S. Defense Advanced Research Projects Agency—a famed military R&D group—wants to finance safety measures for the new gene-editing age.

The idea for the funding program, called Safe Genes, is to get out ahead of problems that could bring the field to a screeching halt. “We should couple innovation with biosecurity,” DARPA program manager Renee Wegrzyn, said Tuesday at the SynBioBeta conference in South San Francisco. “We need new safety measures that don’t slow us down. You have brakes in your car so that you can go fast but can stop when you need to.”

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SEOUL Tech giant Samsung Electronics Co Ltd said on Thursday it is acquiring U.S. artificial intelligence (AI) platform developer Viv Labs Inc, a firm run by a co-creator of Apple Inc’s Siri voice assistant program.

Samsung said in a statement it plans to integrate the San Jose-based company’s AI platform, called Viv, into the Galaxy smartphones and expand voice-assistant services to home appliances and wearable technology devices.

Financial terms were not disclosed.

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trudeau

“Nobody likes taxes. So it’s a brave move by Justin Trudeau, Canada’s prime minister, to announce that the entire country must pay if it continues to burn fossil fuels.”

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