Posted in government, robotics/AI | Leave a Comment on Press is one industry that cannot be replaced by AI — its sole purpose is to report what government won’t tell us… Humans may or may not do that
This year, more candidates with degrees in science, medicine and engineering ran for Congress than ever before. Of the nearly two-dozen new candidates in this crop, at least seven won seats in the House of Representatives.
This year, scientists, doctors and engineers ran for office like never before. Here’s how they did.
With the rapid advances in drone technology spanning the 20th century, it should come as no surprise that miniature flying robots are on the horizon: Between now and 2020, Goldman Sachs’ forecasts a $100 billion market opportunity for drones, helped by growing demand from the commercial and civil government sectors.
What is surprising is that it has taken researchers more than two decades to finally come up with a fully autonomous version. That’s because the electronics needed to power and control the wings were so heavy that, until now, flying robotic insects had to be tethered to a wire attached to an external power source.
Yet a team of engineers at the University of Washington, led by assistant professor Sawyer Fuller, were able to figure it out. Relying on funding from UW, they created RoboFly, a robo-insect powered by an invisible laser beam that is pointed at a photovoltaic cell, which is attached above the robot and converts the laser light into enough electricity to operate its wings.
At Quora.com, I respond to quetions on Bitcoin and Cryptocurrency. Today, a reader asked “Will we all be using a blockchain-based currency some day?”.
This is an easy question to answer, but not for usual Geeky reasons: A capped supply, redundant bookkeeping, privacy & liberty or blind passion. No, these are all tangential reasons. But first, let’s be clear about the answer:
Yes, Virginia. We are all destined to move,
eventually, to a blockchain based currency.
I am confident of this because of one enormous benefit that trumps all other considerations. Also, because of flawed arguments behind perceived negatives.
Let’s start by considering the list of reasons why many analysts and individuals expect cryptocurrencies to fail widespread adoption—especially as a currency:
All statements are untrue, except the last two. My thoughts on each point are explained and justified in other articles—but let’s look at the two points that are partially true:
How so?…
Legislators, treasuries and reserve boards will lose their ability to manipulate the supply and demand of money. That’s because the biggest spender of all no longer gets to define “What is money?” Each dollar spent must be collected from taxpayers or borrowed from creditors who honestly believe in a nation’s ability to repay. Ultimately, Money out = Money in. This is what balancing the books requires in every organization.
This last point leads to certainty that we will all be using a blockchain based cryptocurrency—and not one that is issued by a government, nor one that is backed by gold, the dollar, a redemption promise—or some other thing of value.
Just like the dollar today, the value arises from trust and a robust two sided network. So, which of these things would you rather trust?
a) The honesty, fiscal restraint and transparency of transient politicians beholden to their political base?
b) The honesty, fiscal restraint and transparency of an asset which is capped, immutable, auditable? —One that has a robust two sided network and is not gated by any authority or sanctioned banking infrastructure
Today, with the exception of the United States Congress, everyone must ultimately balance their books: Individuals, households, corporations, NGOs, churches, charities, clubs, cities, states and even other national governments. Put another way: Only the United States can create money without a requirement to honor, repay or demonstrate equivalency. This remarkable exclusion was made possible by the post World War II evolution of the dollar as a “reserve currency” and the fractional reserve method by which US banks create money out of thin air and then lend it with the illusion of government insurance as backing. (A risky pyramid scheme that is gradually unravelling).
But, imagine a nation that agrees upon a form of cash that arises from a “perfect” and fair natural resource. Imagine a future where no one—not even governments—can game the system. Imagine a future where creditors know that a debtor cannot print paper currency to settle debts. Imagine what can be accomplished if citizens truly respect their government because the government lives by the same accounting rules as everyone else.
A fair cryptocurrency (based on Satoshi’s open-source code and free for anyone to use, mine, or trade) is gold for the modern age. But unlike gold, the total quantity is clearly understood. It is portable, electronically transmittable (instant settlement without a clearing house), immutable—and it needn’t be assayed in the field with each transaction.
And the biggest benefit arises as a byproduct directly of these properties: Cryptocurrency (and Bitcoin in particular) is remarkably good for government. All it takes for eventual success is an understanding of the mechanism, incremental improvement to safety and security practices and widespread trust that others will continue to value/covet your coins in the future. These are all achievable waypoints along the way to universal adoption.
Philip Raymond co-chairs CRYPSA, hosts the Bitcoin Event and is keynote speaker at Cryptocurrency Conferences. He advises The Disruption Experience in Singapore, sits on the New Money Systems board of Lifeboat Foundation and is a top writer at Quora. Book a presentation or consulting engagement.
DJI is taking one of its newest drones and turning it into something small businesses and government agencies might want to use. The Chinese drone maker just announced the Mavic 2 Enterprise — a modular $1,999 version of the Mavic 2 Zoom — that is better suited for tasks like inspection or search and rescue.
Mavic 2 Enterprise comes with three different accessories. There’s a 2,400-lumen spotlight, a 100-decibel speaker, and a flashing strobe. The loudspeaker allows operators to remotely blast up to 10 custom recordings, and the strobe is visible from three miles away. DJI says the accessories help move its products “beyond imaging” and “into configurable platforms that enhance aerial productivity.”
Whether it’s left there or right here… the tactics and destination look pretty much the same to me…
China is the world leader in facial recognition technology. Discover how the country is using it to develop a vast hyper-surveillance system able to monitor and target its ethnic minorities, including the Muslim Uighur population.
Click here to subscribe to The Economist on YouTube: https://econ.st/2xvTKdy
Improving lives, increasing connectivity across the world, that’s the great promise offered by data-driven technology — but in China it also promises greater state control and abuse of power.
This is the next groundbreaking development in data-driven technology, facial recognition. And in China you can already withdraw cash, check in at airports, and pay for goods using just your face. The country is the world’s leader in the use of this emerging technology, and China’s many artificial intelligence startups are determined to keep it that way in the future.
Companies like Yitu is creating the building blocks for a smart city of the future, where facial recognition is part of everyday life. This could even extend to detecting what people are thinking.
But the Chinese government has plans to use this new biometric technology to cement its authoritarian rule. The country has ambitious plans to develop a vast national surveillance system based on facial recognition. It’ll be used to monitor it’s 1.4 billion citizens in unprecedented ways. With the capability of tracking everything from their emotions to their sexuality.
The primary means will be a vast network of CCTV cameras. 170 million are already in place and an estimated 400 million new ones will be installed over the next three years. The authorities insist this program will allow them to improve security for citizens, and if you have nothing to hide you have nothing to fear.
WASHINGTON (AP) — Government scientists have classified 18 U.S. volcanoes as “very high threat” because of what’s been happening inside them and how close they are to people.
The U.S. Geological Survey has updated its volcano threat assessments for the first time since 2005. The danger list is topped by Hawaii’s Kilauea, which has been erupting this year. The others in the top five are Mount St. Helens and Mount Rainier in Washington, Alaska’s Redoubt Volcano and California’s Mount Shasta.
“This report may come as a surprise to many, but not to volcanologists,” said Concord University volcano expert Janine Krippner. “The USA is one of the most active countries in the world when it comes to volcanic activity,” she said, noting there have been 120 eruptions in U.S. volcanoes since 1980.
Maria Bustillos is founder of the blockchain supported publication, Popula. I stole the title of this post from her essay at Medium.com (linked below).* I hope that Maria considers it a tribute rather than title-plagiarism. Her article is blocked by a pay wall, so allow me to explain a concept that confounds even a Nobel Prize winning economist. My take on the issue is somewhat different than Ms. Bustillos.
The difficulty understanding or appreciating Bitcoin boils down to a misconception that the dollar is backed by something more tangible, such as gold, guns or the promise of redemption. Not only is this an illusion, but Bitcoin is backed by something far more tangible, intrinsic and durable.
The illusion that “real” value emanates from government coupled with a robust consumer economy has been woven into our DNA for millennia. But, the value we attribute to a Dollar, Euro, or Yuan is a result of conditioning rather than any intrinsic value. That same conditioning has led us to believe that there is something sane and inherent in a nation that controls its money supply and its monetary policy.
Most public works projects—power generation, space ships, or the telephone network—were controlled by government in the past. If not, they were regulated as a licensed monopoly. This creates a choke point, a lack of competition, and a gaping opportunity for inefficiency, mismanagement or graft. It defies a free market economy and it concentrates power in the hands of politicians. But, at one time, it seemed necessary.
You might assume that government controlled these industries because they relate to areas of critical infrastructure and public welfare. That’s part of it, but it’s not the real reason. In each sector, a distributed or free market solution was prevented due to technology limitations or issues of scaling and geography.
Government issued money exists because in the past, we had no mechanism to arrive at a consensus on the value of something that is portable, fungible, secure, anti-forgeable and easily transmitted. Not even Gold fits the bill (pun intended). Prior to 2009, the only thing that met the criteria for money in a modern society was government issued fiat. At least someone, somewhere said that this is money and that this is what we must use to pay our taxes.
Today, there is no more reason for a government to control its money supply than there is for it to control communication networks, space travel or package delivery services. Today, a free and competitive marketplace benefits all of these industries and even government itself. And here’s the kicker: No harm will come to a government that uses a completely trusted, transparent and decentralized currency, rather than firing up a printing press whenever a group of transient politicians spends beyond their means.
The economic order facilitated by the blockchain is not as radical as it seems. Aristotle sought to solve the double-spend problem and lamented the lack of an accounting tool that we can now address via the clever combination of encryption and a communications network that is both instant and ubiquitous.
I am not smarter than your average bear, nor am I clairvoyant. But once in a while, I recognize a truth before the masses—and before its time. It’s time to clearly and succinctly illuminate business, banks, consumers, creditors and government:
1. The value we attribute to the dollar is an illusion
2. Bitcoin is not just fair and cost effective. It is tangible and durable. It is good for consumers and good for governments.
Bitcoin ushers in an era of accountability and more fairness. It does not facilitate crime, nor interfere with a government’s ability to tax, spend or enforce tax collection.
Bitcoin is a cryptocurrency with a firmly capped supply. Will it lead to deflation? Could governments lose control over their own monetary policy? Yes to both questions…
But, these are each good things. Capping the money supply and decoupling a nation from monetary policy not only eliminates inflation—it increases access to capital, retires debt more quickly, reassures creditors, imposes transparency and honesty—And it accelerates economic growth, rather than retarding commerce.
Dispelling three millennia of conditioning can be confusing and unsettling. I hate understanding something before my peers. Let’s please get ahead of the curve on this one. I want to enjoy the benefits of using real money in my lifetime.
Related Reading:
* I wrote the first article more than 7 years ago. It is a simple explanation of a geeky, new economic mechanism. Bitcoin had not yet entered mainstream media nor gained attention of Wall Street investors. But consider the similarity to Maria’s tutorial in the 2nd article. Perhaps Maria and I think alike!
Philip Raymond co-chairs CRYPSA, hosts the New York Bitcoin Event and is keynote speaker at Cryptocurrency Conferences. He advises The Disruption Experience in Singapore, sits on the New Money Systems board of Lifeboat Foundation and is a top Bitcoin writer at Quora. Book a presentation or consulting engagement.
Posted in government, robotics/AI, space travel | Leave a Comment on The 69th Congress of the International Astronautical Federation, in Bremen, celebrated NewSpace, without Musk, Bezos, and Branson
SRI Newsletter #06 2018 Great success both for the public and for the speakers, despite the enrollment fees definitely out of budget for many: more than 6300 registered participants, of which almost 50% very young, more than 2000 papers presented in the various symposia. The title of the Congress was very interesting: “Involving everyone”. This gave the impression that there was plenty of space at the Congress for the themes of civil development in space. The attention to the impetuous development of the NewSpace sector is now felt everywhere, and the most important global space congress could not avoid being impacted. After all, it is thanks to the growth of the NewSpace sector if the IAF Congress has recorded this remarkable success. But which were the predominant themes of the Congress? Has the promise announced in the title been kept? In part, yes, but a lot of work remains to be done. And the main NewSpace entrepreneurs didn’t come to Bremen. Read the whole article.
The 69th Congress of the International Astronautical Federation took place in the halls of the Bremen exhibition center from 1 to 5 October.
Great success both for the public and for the speakers, despite the enrollment fees definitely out of budget for many: more than 6300 registered participants, of which almost 50% very young, more than 2000 papers presented in the various symposia. The title of the Congress was very interesting: “Involving everyone”. This gave the impression that there was plenty of space at the Congress for the themes of civil development in space. The attention to the impetuous development of the NewSpace sector is now felt everywhere, and the most important global space congress could not avoid being impacted. After all, it is thanks to the growth of the NewSpace sector if the IAF Congress has recorded this remarkable success. But which were the predominant themes of the Congress? Has the promise announced in the title been kept? In part, yes, but a lot of work remains to be done.
One aim was to “include everyone”, for example, in the exploration of the Moon. And we have seen some concrete cases of inclusion. The company Part Time Scientists, earlier in the context of the Lunar X-Prize, and then with the development of subsequent innovative projects, has put in place a lunar exploration project, in which some industries not belonging to the aerospace sector are involved as technological partners, as well as sponsors, such as Audi, Nokia, Vodafone. Of course, so far we are talking about exploration, mainly robotics, and not about industrial settlements on the Moon. The Moon Village Association thinks about that and presented their initiatives in a context that is becoming more and more receptive and interesting for many.
