Lifeboat Foundation: Safeguarding Humanity
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Category: finance

Artificial intelligence is beginning to disrupt entire industries from finance to medicine. Yet the most revolutionary application has yet to arrive—and it’s an existential one.

As thinking machines become more integrated into our lives, we must expect a transformation in how we define what it means to be conscious; what it means to live and to die; and ultimately, what it means to love a non-human being.

These questions are artfully explored in the plot of the 2013 sci-fi film, Her, which tells the story of a man who falls deeply in love with an intelligent operating system. This OS, Samantha, is designed to evolve and adapt her personality to appeal to Theodore. She has a very human voice and provides constant empathetic support. As Samantha’s psychological and intellectual capacities grow, so does Theodore and Samantha’s love for each other.

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Even insurance companies are taking longevity seriously now!

Source: http://www.riskmindslive.com/will-rea…

Is ageing a disease? Can it be cured? Can death be pushed back? Will you live to 1000 years? Aubrey de Grey, Chief Science Officer, SENS Research Foundation divulges the truth behind longevity and the ensuing risks and discover how you should transform your life insurance models. He spoke to Markus Salchegger, Managing Director at Accenture Risk & Finance at RiskMinds Insurance 2016, Amsterdam.

Website: http://sens.org

YouTube: https://www.youtube.com/user/SENSFVideo

Facebook: https://www.facebook.com/sensf

Aubrey de Grey: https://en.wikipedia.org/wiki/Aubrey_…

Aubrey de Grey (GB), Chief Science Officer & Co-Founder, SENS Research Foundation.

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Interesting read on IPC Systems Inc. is partnering with U.K. startup Post-Quantum to (in their own words) “offer its clients encryption, biometric authentication and a distributed-ledger record-keeping system that the software company says is designed to resist hacking — even by a quantum computer.” — I will be researching this more.

(Bloomberg) — When it comes to cybersecurity, no one can accuse IPC Systems Inc., the New Jersey-based company that builds communications networks for trading firms and financial markets, of preparing to fight the last war.

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Energy efficient IoT — proven to reduce energy usage by 50% via new technique for compressing the computations of encryption and decryption operations known as Galois field arithmetic operations.

Our research group has discovered a new technique for compressing the computations of encryption and decryption operations known as Galois field arithmetic operations, and has succeeded in developing the world’s most efficient Advanced Encryption Standard (AES) cryptographic processing circuit, whose energy consumption is reduced by more than 50% of the current level. With this achievement, it has become possible to include encryption technology in information and communication technology (ICT) devices that have tight energy constraints, greatly enhancing the safety of the next-generation Internet of Things (IoT). This result was announced on August 19, 2016 during the Conference on Cryptographic Hardware and Embedded Systems 2016 (CHES 2016) hosted by the International Association for Cryptologic Research (IACR) in Santa Barbara, USA.

It is currently very common to exchange important personal or financial information over the Internet through ICT devices. Cryptographic techniques are used inside these devices to protect important information. In next-generation networks such as the IoT, which has attracted attention in recent years, it is expected that myriad devices will be connected to the network. Hence, it will be necessary to have built-in encryption technology in these connected devices to prevent malicious attacks. However, many battery or cell-driven devices with tight energy constraints are also included in the IoT and running energy-consuming encryption processes on these is a big challenge. One of the most widely used international standard encryption methods is AES. Since this is used in areas such as wireless LANs, it is very important for practical reasons to design energy-saving AES cryptographic processing.

Tohoku University and the NEC Corporation have been collaborating on research and development since 2013 with the purpose of improving the safety of ICT devices. In particular, they aim to build a system that will allow the new IoT services to be enjoyed with confidence. This will be done by developing technology that embeds encryption in small devices and sensors for the first time. This research and development is being carried out as part of the Grants-in-Aid for Scientific Research (KAKENHI) program No. 25240006 “Development of formal design technology for VLSI data path based on the Galois field computations.” (Research representative: Naofumi HOMMA, Tohoku University).

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New methods to counter attack fraud.

“We have introduced the possibility of using blockchain technology to create a seamless and continued global process for the KP certification scheme,” he said.

Blockchain is one of the most significant elements of the revolution in financial technology – fintech – that has been enthusiastically adopted by the UAE. Both Dubai and Abu Dhabi are setting up centres of excellence in fintech.

Mr bin Sulayem has already had meetings with Dubai’s Blockchain Council and is working on a pilot project that would use the technology to monitor KP statistics.

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A few weeks ago, up to 40 people from the Yamal Peninsula in Siberia were hospitalized after a heatwave thawed permafrost, releasing a “zombie outbreak” of anthrax. Now, the Siberian Times reports that experts fear the thawing could spell the return of the eradicated smallpox virus.

During the 1800s, there were repeated outbreaks of smallpox in a small Siberian town, with hundreds of bodies buried near the banks of the Kolyma River. Some 120 years later, this summer’s heatwave has been melting the permafrost surrounding the town at a rate three times faster than usual. This has increased water levels in the river and is subsequently eroding away its banks where the bodies are buried.

While the risk at the moment is low, and with scientists aware of the issue for some time now, the current troubles of permafrost around the site and the Kolyma River are ringing alarms.

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This is why tech must never leave their eye off their companies, innovation, and future; unlike China many in big tech have become bogged down in US Politics, etc. instead of their own competitive landscape something that many industry leaders learned many decades ago. Granted, you must always be concern over regulations, etc.; however, some in tech went further than that by acting in some cases like they’re running for office meanwhile their competitors flourish and don’t bother themselves with background noise.

As the old saying goes “never mix politics and religion in the work place” and this is why. Now, both China and Russia are challenging US tech like never before because of tech’s own distractions outside their companies. And, yes some may say it is tied to the S. China Sea; however, that is just one of many excuses which is not the real reason behind the drop of Apple, Uber, etc. Frankly China is showing the world they are serious in their own commitment to dominate tech taking the title from the US. I suggest companies wake up and focus on what they do best which is tech not government politics. Want to be a politician then please resign and run for government office; and let others who are passionate about tech run tech.

The Chinese government has launched a $30bn venture capital fund aimed at upgrading technology in the country’s ailing industrial sector, a move reminiscent of Singapore’s state investment playbook. Led by big banks and government holding companies.

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https://youtube.com/watch?v=PUlYV–lLAA

In this video, D-Wave Systems Founder Eric Ladizinsky presents: The Coming Quantum Computing Revolution.

“Despite the incredible power of today’s supercomputers, there are many complex computing problems that can’t be addressed by conventional systems. Our need to better understand everything, from the universe to our own DNA, leads us to seek new approaches to answer the most difficult questions. While we are only at the beginning of this journey, quantum computing has the potential to help solve some of the most complex technical, commercial, scientific, and national defense problems that organizations face. We expect that quantum computing will lead to breakthroughs in science, engineering, modeling and simulation, financial analysis, optimization, logistics, and national defense applications.”

Eric Ladizinsky is a senior scientific management executive with a strong background in physics, engineering, materials, manufacturing and team building. Mr. Ladizinsky leads D-Wave’s technical effort to develop the superconducting integrated circuit fabrication process and is often called upon to evangelize on all aspects of quantum computing. At Northrop Grumman Space Technology (formerly TRW, Inc.), he ran a multi-million dollar DARPA program in Quantum Computing using superconducting integrated circuit technology. Mr. Ladizinsky has a BSc. Physics and Mathematics degree from the University of California, Los Angeles and is an Adjunct Professor of Physics at Loyola Marymount University.

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Innovation is all the buzz in Asia. Australia, China, Korea, Vietnam, and now lets look at India.

Personally, I believe there is great potential in India for some amazing innovations. Just look at their own historical sites and artifacts, art, etc.; no one can claim creativity, imagination, etc. does not exist. And, not to mention the engineering feats that have been proven by India many times.

India has moved 16 rungs up the global ranking for innovation in 2016, as compared to 2015, but still remains a lowly 66th, well below Malaysia and Vietnam, leave alone China in the middle-income category and far below countries like South Korea and Japan, and other high-income innovation hubs like Switzerland, the US, the UK and Singapore. What can be done to make India a hub of innovation? Improve the quality of education across all levels. A technology policy that incentivises genuine R&D is required. Ease of entry and exit of firms, competition, a vibrant financial sector that allocates capital to new profit potential, a culture of entrepreneurship and an end to failure-shaming would help. The least obvious requirement is political empowerment of the common man.

Close on the heels of the release of the ranking comes the news that India has got one more unicorn, a startup with a valuation in excess of $1billion, with fresh investment in Hike, a messenger app from the Bharti stable, valuing the company at $1.4 billion. This is a welcome development, and testimony to innovation at work in India. However, compared to what WeChat, a Chinese app that brings many functionalities together including payments and messages that expire, Indian innovation looks limited. Huge research and development expenditure by global majors in their units in India has helped raise the country’s ranking in the global index. But this only means Indian brawn working to bring foreigners’ innovation to fruition, for the most part.

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