Lifeboat Foundation: Safeguarding Humanity
Toggle light / dark theme

Blog

Category: finance

Nice chime on QC.

Manoj Saxena is the executive chairman of CognitiveScale and a founding managing director of The Entrepreneurs’ Fund IV (TEF), a $100m seed fund focused exclusively on the cognitive computing space.

Saxena is also the chairman of Federal Reserve Bank of Dallas, San Antonio branch and Chairman, SparkCognition an Austin based cognitive security and safety analytics company.

Prior to joining TEF, Saxena was general manager, IBM Watson, where his team built the world’s first cognitive systems in healthcare, financial services, and retail. Earlier he founded, built and sold two Austin based software startups.

Read more

Nice.

Networks are mathematical representations to explore and understand diverse, complex systems—everything from military logistics and global finance to air traffic, social media, and the biological processes within our bodies. In each of those systems, a hierarchy of recurring, meaningful internal patterns—such as molecules and proteins interacting inside cells, and capacitors and resistors operating within integrated circuits—determines the functions or behaviors of those systems. The larger and more intricate a system is, however, the harder it is for current network modeling techniques to uncover these patterns and represent them in organized, easy-to-understand ways.

Researchers at Stanford University, funded by DARPA’s Simplifying Complexity in Scientific Discovery (SIMPLEX) program, have made progress in overcoming these challenges through a framework they have developed for identifying and clustering what mathematicians call “motifs”: essential but often obscure patterns within systems that are the building blocks of mathematical modeling and that facilitate the computational representation of complex systems.

A research paper describing the team’s achievement was published in Science (“Higher-order organization of complex networks”). At the heart of the team’s success was the creation of algorithms that can automatically explore and prioritize the hidden patterns in data that are fundamental to explaining network structure and function.

a mathematical framework that automatically identifies and prioritizes the patterns that are fundamental to explaining network structure and function

Read more

Exponential Finance celebrates the incredible opportunity at the intersection of technology and finance. Apply here to join Singularity University, CNBC, and hundreds of the world’s most forward-thinking financial leaders at Exponential Finance in June 2017.

One day in the future, we’ll look back in wonder at how our physical objects used to be singular, disconnected pieces of matter.

We’ll be in awe of the fact that a car used to be just a piece of metal full of gears and belts that we would drive from one place to another, that a refrigerator was a box that kept our food cold — and a phone was a piece of plastic we used to communicate to one other person at a time.

Read more

In Russia, not all scientific projects get financial backing from the government — but teleportation does.

On June 22, a special interagency working group, along with Russian Deputy Prime Minister Arkady Dvorkovich, discussed the country’s scientific and technological plans drawn up by the Russian Strategic Initiatives Agency.

The document, described in detail by Kommersant newspaper, lists innovations Russian scientists plan to accomplish by 2035. Among them are a Russia-based coding language, a 5G mobile network, “smart” buildings, medical implants — and teleportation.

Read more

Whether referred to as AI, machine learning, or cognitive systems, such as IBM Watson, a growing cadre of business leaders is embracing this opportunity head on.

That’s because their consumers are using cognitive applications on a daily basis — through their phones, in their cars, with their doctors, banks, schools, and more. All of this consumer engagement is creating 2.5 quintillion bytes of data every day. And thanks to IT infrastructures designed for cognitive workloads — that can understand, reason, and learn from all this data — organizations and entire industries are transforming and reaping the benefits.

What’s important to remember is that this sci-fi-turned-reality-show of cognitive computing cannot happen without the underlying systems on which the APIs, software, and services run. For this very reason, today’s leading CIOs are thinking differently about their IT infrastructure.

Read more

Spectroscopy studies of charge transfer from cadmium selenide quantum dots to molecular nickel catalysts reveal unexpectedly fast electron transfer, enabling exceptional photocatalytic hydrogen production.

A key challenge facing the US is the harvesting, production, storage, and distribution of energy to support economic prosperity with responsible environmental management. Currently, fossil fuels provide more than 80% of the energy consumed in the US (even when significant increases in the use of alternative sources of energy in recent years are accounted for).1 For the US Department of Defense in particular, volatility in the price and availability of fossil fuels leads to significant short- and long-term financial, operational, and strategic risks.2 There is, therefore, clearly a need for new alternative sources of energy.

Read more

Exponential Finance celebrates the incredible opportunity at the intersection of technology and finance. Apply here to join Singularity University, CNBC, and hundreds of the world’s most forward-thinking financial leaders at Exponential Finance in June 2017.

Modern life is punctuated by market cycles.

One year the gears of commerce are whirring along. Businesses are hiring and investing. People are buying houses and cars, televisions and computers. Things are going great. Then a year later, the gears screech to halt—sweeping layoffs, plummeting investment, and crashing markets. No one’s buying anything.

Read more

For every star performing biotech, life sciences or innovative 3D printing company there are another 9 where investors would have been better off keeping their cash under a mattress.

As Organovo report their first full year operating on a commercial basis we look for clues as to which category they might fit into. With more than 25 patents secured and another 80 pending, does the current share price and today’s published financial accounts tell the full story?

Organovo increased total revenue from $570 thousand in 2015 to $1.5 million for 2016. However, losses also increased from $30.8 million to $38.6 million. Although yet to turn a profit, Organovo were always going to generate a sizeable amount of text in the 3D Printing media and beyond. The promise of combining biophysics, developmental biology and of course 3D printing to advance healthcare and life sciences is an attractive proposition.

Read more

Ric Edelman is one the top financial advisors in the US. His firm, Edelman Financial Services, has 41 offices across the country. And he thinks, all things constant, most financial advisors as we’ve known them won’t be around much longer.

future-financial-planners-61

At Exponential Finance, Edelman said, “I firmly believe that in the next ten years, half of all the financial advisors in this country will be gone.”

Edelman spoke on a panel with fellow advisor, Bill Bachrach, chairman and CEO of Bachrach & Associates.

Read more