Guardium Token Sale Welcomes Peter Diamandis from XPRIZE

Traffic Report: Wikipedia Bitcoin Article Crushing It

Only 88 English-language Wikipedia articles have more traffic than the Bitcoin article, out of a total of approximately 4.7 million English-language articles.
The Bitcoin article has been viewed 103,592 times in the first 18 days of January. Just click on "View history" at the top of any Wikipedia article, and then click "Page view statistics" to see the statistics for that article.
COMPARISON Take a look at Peter Diamandis's top tech picks for 2015. The closest of his picks, in terms of Wikipedia traffic, is 3D printing with a rank of 1500.
CALL TO ACTION As much as the media gets it wrong, this is a chance to get it right. Thanks go to the Wikipedians for tireless edits.
Let's help make the article even better by making sure it's accurate and up-to-date. If you're new to Wikipedia like me, please consider making a post to the Bitcoin article's talk page before making a direct edit.
EXAMPLE The section on venture capital mentions one $3 million investment in BitPay, along with a few other efforts. Let's get this on the right scale: 2014 alone saw 100 times this amount in VC investments, surpassing which is on a similar scale as internet-related investments in 1995, which according to Andrew Metrick and Ayako Yasuda, in their book Venture Capital & the Finance of Innovation, was the first year of the internet "boom period" of venture capital.
Bitpay has raised at least 10 times the cited 3 million, and organizations such as Circle, Coinbase, Xapo, Blockchain, and Blockstream have each raised similar amounts, and these are only some of the biggest examples. This CoinDesk article tracks the money.
As soon as I learn how to edit Wikipedia, I'll try to update this one, if no one beats me to it!
TL;DR: Bitcoin Wikipedia article ranked 89th out of about 4.7 million English language articles, by traffic. As much as the media gets it wrong, this is a chance to get it right. Since Bitcoin is rapidly evolving, a larger pool of fact checkers may be better able to make accurate updates.
Edits:
Typos, formatting, added link to Diamandis's tech picks; clarification in TL;DR.
Per observation by Whoosheless, may not be fair to say Bitcoin investments in 2014 surpassed internet related investments in 1995, for a variety of reasons, but the numbers are comparable (see this Coindesk article for more details, but note that the Bitcoin numbers are from a year ago).
Per observation by modeless, the ranking of 89 appears to be based on data from March, 2014; this is the most recent ranking available. However, the data for the first 18 days in January is current.
Added suggestion to new Wikipedians to post to the Bitcoin article's talk page before making a direct edit.
submitted by 11251442132 to Bitcoin [link] [comments]

I wonder what would have happened if today's r/bitcoin front page happened in late 2013.

I still vividly remember it being a HUGE thing when one obscure branch of Subway somewhere in North America started accepting Bitcoin.
Any news mention of Bitcoin was either ridicule, ponzi, scam, theft, or a "what the F is bitcoin?"
The times when any news moved the price. When any famous person tweeting or mentioning made people go nuts.
Now it's... ordinary. Look at some of the stuff on the front page today:
Bank of England jumping in: New Bitcoin and Blockchain Leadership Forum.
Ladies & Gentlemen, We have made it to the front page of Yahoo Finance.
Jeffrey Tucker interviewed on Fox Business about Bitcoin and Nasdaq.
Nasdaq will start using Bitcoin technology (money.cnn.com)
Peter Diamandis – Predicting the Next 10 Years - The Blockchain is Part of His Future (peterdiamandis.tumblr.com)
Bitcoin on the Wall Street Journal seems to be a regular thing now... (m.imgur.com)
22HERTZ is the First Band to Store Music Copyrights on the Blockchain (coinspeaker.com)
Let's say that Nasdaq eventually decides to take on Blockchain settlement full time. Is there any way that even a post hard fork Bitcoin could support this level of adoption? (self.Bitcoin)
The White House Names Dr. Ed Felten as Deputy U.S. Chief Technology Officer (whitehouse.gov)
White House appoints pro-Bitcoin Princeton professor as Deputy U.S. CTO (twitter.com)
Nasdaq Launches Enterprise-Wide Blockchain Technology Initiative - NASDAQ.com
Imagine if THAT was the front page when the price was flirting with $1,000? I wonder... :)
Nevertheless, it never ceases to amaze me. This is Growth, this is true development. There isn't even a mention of Bitcoin VC investments on this sample, yet it is still pretty mind-blowing (especially to the ones who discovered this before the big bubble of 2013).
The fact that it seems normal now to most people is what really excites me.
OK, now back to work.
submitted by Godfreee to Bitcoin [link] [comments]

Greed is NOT Good

The rapid rise in BitCoin "value" and the creation of more than a few speculative "millionaires" only demonstrates to me that we are still far from taming the human desire to play "haves" vs "have nots".
Equally annoying - I've read some opinions that those that "bought into" BitCoin early deserve millions.
Deserve...deserve...
Deserve is a strange choice of words. Especially because these sentiments often come from the same folks who hate(envy) those that "bought into" the Wall Street/Fed racket before 2008. Or those that "bought into" the housing boom early. Did my neighbor deserve to make 400,000 dollars in 2005 for simply buying a home in 2000?
BitCoin is making new highs every day - average hard working people who have not even heard of it yet (yes, they are still out there because there are too busy with their work or projects to notice financial news) will soon wake up and panic when they see this ship is taking off and they better do anything they can to get on - or miss it altogether. Just like the housing boom. They will lose time, effort, and resources out of fear of being left behind.
We are better than this. Aren't we tired of playing this same ol' game over and over?
We don't need a cryptocurrency to move into the future. Our goal as a species should be to move away from "money" altogether. We are better than this "get rich by holding onto something rare" mentality. We are so close to the Age of Abundance (Peter Diamandis), let's not squander this decade by building huge digital fortresses to protect our BitCoins - and then train cyber armies to pillage them.
Also, if BitCoin plays out the way many think - and if each coin is "worth" a billion or trillion dollars - do you think that the "powers that be" in today's economy will just happily give up their wealth? No, it will be a new Game of Thrones. This will eventually lead to panic, violence, and perhaps warfare. Not virtual warfare - real warfare. Already tremendous talent is being wasted to steal wallets and to hack exchanges instead folding proteins, extending lifespans, or improving battery efficiency. We're repeating the intellectual waste of the "quants" on Wall Street.
If you have extra "money" - instead of investing in gold, oil, BitCoin, or any other resource which has "value" only because it is limited - invest in companies and projects that are truly changing the world for the better. Not because it will make you rich - because it will feed the poorest of us, reverse environmental damage, and cure diseases.
Instead of using your computer to mine BitCoins - donate that processing time to science.
It seems that all we have done these past few weeks is to perpetuate greed. We've only shown the world that we (the tech-minded professionals as many of us on reddit are) are no better than the Robber Barons and Wall Street suits. It appears that instead of valiantly developing a Singularity outcome - we're pettily funneling a BitCoin income. We're playing the very game we were hoping to eliminate.
(mock Gekko speech) "The point is, ladies and gentleman, that greed -- for lack of a better word-- is NOT good.
Greed never works.
Greed corrupts, cuts down, and holds back our evolutionary spirit.
Greed, in all of its forms -- greed for resources, for money (BitCoin), for ideology, security -- has marked just about every war and tragedy of mankind.
And greed -- you mark my words -- can only slow progress from here, and will create more hurdles to technological breakthroughs than remove them."
Folks, there's already enough "money" out there in circulation to fund the projects we need to evolve our species to the next level. Let's pool our talents and resources to move closer to THAT goal - and not waste it meandering in the Wilderness, worshiping the new BitCoin calf.
submitted by AchtungStephen to Futurology [link] [comments]

Community Frequently Asked Questions (FAQs) Published 22nd March 2019

  1. What’s the status with BLOCKv patents?
A: BLOCKv has not filed for patents. Vatomic Systems, a U.S. company, formed several years prior to BLOCKv, provisionally filed a patent application for its digital objects platform in 2016. BLOCKv licensed this technology from Vatomic to enable it to build out the current capabilities.
  1. When is VEEconomics coming out?
A: VEEconomics will be published before the end of this month.
  1. What happened to the partnership and VEE allocated to the Science Blockchain project?
A: In 2017, as part of the partnership signed with Science Blockchain, BLOCKv allocated $500,000 worth of VEE to support projects over a period of two years as an initiative to incentivize the developer community to use the technology and expand the digital goods economy. We have not received any project requests from Science Blockchain and therefore have also not given out any VEE grants yet.
  1. What VEE has been allocated to partners? Is there a danger that they will never need to go to exchanges to purchase future VEE for campaigns?
A: We don’t disclose specific grants of VEE to partners or developers. However, partners and developers can receive grants from the community pool. We make these grants to kick-start a partner’s engagement on the platform where we can see a real benefit in terms of driving adoption. However, grants are never intended as an alternative to needing to purchase VEE from the market in the medium term, but to ease initial partner R&D and adoption of our platform.
  1. Why are you no longer listing advisors on the web site? Who are your current advisors?
A: It’s natural in the evolution of every company to choose advisors based on its stage of development. BLOCKv’s original advisor line-up was focussed on defining BLOCKv's initial vision & strategy. BLOCKv has moved on significantly in the past eighteen months to a live production platform with rapidly growing adoption.
Engagements with some advisors have ended whereas we continue to work closely with others. To give some examples: • Our advisor Craig Sellars talking about Blockchain being alive with Vatoms at the North American Bitcoin Conference 2019. • BLOCKv showcased Vatoms at Peter Diamandis’ annual keystone event, Abundance 360 for the last two years. • Xin Chung’s direct collaboration with BLOCKv during the Intel Project Engage and NRF butterfly experience.
  1. What is the technical road map? What technical advances can we expect?
A: As per the latest February newsletter, we have updated the Web SDK to version 2.0, launched the Brain Framework in Closed BETA to the community and completely re-architected the data paths within the platform to asynchronous. Forthcoming technical updates will include: Q2 • Brain Framework PUBLIC LAUNCH • Vatom transfer between BLOCKv accounts and Ethereum wallets (and back again) • BLOCKv Unity SDK • Enhanced Developer Portal Admin Functions • Cyclers Framework BETA • Extensive Developer Documentation updates • Demo Vatom Templates Q3 • Cyclers Framework PUBLIC LAUNCH
  1. Does BLOCKv still care about the developer community or are you completely focussed on the big brands / partners?
A: We see the projects for big brands as a strategy to proliferate the usage of virtual goods, generate PR and educate a mass community of how to interact with Vatoms. The positive outcome of these projects is huge for all of those involved with the platform, including the developers, as it exposes a greater audience to the virtual goods economy. That being said, BLOCKv is a platform open to all and we highly appreciate, welcome and encourage developers who want to use our platform to build projects. We understand that earlier in 2018, when we were building up the team, some developer queries may have been missed. If your technical question has gone unanswered, please email [email protected] and we'll do our very best to help (if it's not too late). Please note that if you need support, please contact us via email rather than other channels.
  1. Can I emit VEE to a user from a Vatom?
A: Rewarding a user for sharing a Vatom with another Vatom is a function which is already available and many developers and partners have already used this. For example, we created a business card that comes with 1 VEE credit which can be transferred to an Ethereum address, so there’s nothing to stop a developer on the platform from doing this now. We’re happy to support any developers wishing to use VEE as a mechanism of reward. Please email [email protected] with your request.
  1. Can we be assured that the VEE required to back Vatoms will be bought off exchanges and not via OTC from large holders of VEE? We want to know if VEE investors are going to hold coins that will never have demand on the exchanges.
A: This will be answered in the forthcoming VEEconomics paper.
  1. What are the current active projects and long term partners?
A: In addition to our partnerships with Intel, Austella, Vatom Labs, Varius, MEDA & InCrowd, who are all actively working on implementing multiple projects in Q2 and Q3. These include a ticketing solution for a sports team, a branded game for a major beer distributor and a new product for a global toy company. We’re also recruiting a significant number of both global and local partners to the BLOCKv platform, and will announce these when we are able to, with mutual consent. Moreover, there are also lots of developers within the community who are building projects on the BLOCKv platform that we’re loosely aware of, but we’re not directly involved with, and we’d love to hear more and how we can help, so please share.
  1. Any plans on improving the development community in the near future?
A: We’re working to improve the developer portal with additional documentation, blog posts, and functions, and we’re planning to launch a developer technical forum shortly. We’d also love to support any meetups, and we’re looking at launching a developer web conference, as per suggestions from the channel.
  1. Is the tech ready for developing a product based on it? No breaking changes planned in the near future from a dev consumer perspective?
A: Absolutely. We have numerous production campaigns live currently. There will not be any breaking changes to any features which are out of BETA.
  1. Are developers encouraged on presenting BLOCKv in community events, writings posts, writing clients for the API, etc...?
A: Absolutely. Please reach out to us!
  1. Social Media presence is improving but, are there plans for a better communication regarding project state and answering daily questions? I think the lack of communication on this side has been the main cause for trust issues lately. If only setting an hour a day to be active in chats?
A: We’ve just appointed a new social & community manager, Joana Rizzo. Joana will do her best to respond to reasonable questions raised, or get another team member to respond. KC will be stepping down as Telegram admin and we thank her for her hard work.
  1. Why is Various using EOSIO to build campaigns instead of BLOCKv? And what is the connection between EOSIO and BLOCKv?
A: BLOCKv allows the creation of Vatoms on Ethereum- as well as EOS-based blockchain. Varius has used this functionality to showcase their campaign creation tool, Studio, but all digital object orchestration is via the BLOCKv platform. A tutorial on how to create EOS-based Vatoms will be available on the developer portal.
submitted by FLisOK to blockv [link] [comments]

Izumi Archives

Self-Driving Cars Will Kill People. Who Decides Who Dies? by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
I agree. I'm fervently hoping it will be that way, but human psychology being what it is, it will be a tough case to make. What we need is a leap of faith to move into a better future. And I can only speak for myself, but I'm willing to bet myself on such a sure thing. Also in a post-scarcity AI economy, we need to remove the necessity of insurance. Also also in that future other elements will come together so that humans probably won't need to be transported nearly as much as today.
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Self-Driving Cars Will Kill People. Who Decides Who Dies? by izumi3682 in Futurology


[–]izumi3682[S] 3 points 7 months ago
Two thoughts on this.
First, this is a failure to understand what an electric, level 5 autonomy SDV actually is. This is about AI and mapping and tracking. I don't think there will be any deaths if everything is working correctly. If there are imperfections in the system that does result in an injury or death of a human, we shall quickly fix that so it never happens again. The combination of AI, mapping, tracking and intervehicle communication would ensure that a "trolley problem" would never arise. But on an unrelated note, I'd wonder what else that kind of AI would be capable of.
This second observation is more about human psychology. Well right now about 32,000 US citizens die in human error caused MVAs each year. And probably a lot more injured or shook up too I bet. When any US citizen gets behind the wheel, he or she believes all will be well and he or she will not make any kind of error, even if they are getting into a car when intoxicated.
But the statistics bear out the fallacy of such logic. Tons of US citizens are being killed, injured or shook up despite believing that they can drive just fine or their fellow drivers can drive just fine.
Here's the rub though. I think it is not unreasonable to assume that level 5 autonomy vehicles with all that technology I described earlier will kill perhaps, ohhh, theoretically 10 US citizens each year due to errors intrinsic to AI or something improbable like being successfully hacked. That's a lot less than 32,000 a year. But what would be the acceptable threshold of casualties if such a vast number of US citizens could be transported so safely. I can tell you the answer to that. Less than 1. That's because humans don't want to feel that they have lost control.
If the number of SDV fatalities would be say 5000 a year, humans would say; "No thanks, we shall continue to control our vehicles and keep killing five or six times that number each year, because we are better at this than AI. The litigation alone would kill the technology.
Me, I'd trust the AI. And I will jump into a level 5 autonomy SDV as soon as earthly possible when they become available to me, hopefully on a super cheap subscription. I would totally sign an agreement saying I would not sue the renting company if an MVA happened to me in an electric, level 5 autonomy SDV that was struck by another SDV of similar capabilities, and that I would accept legal liability if my SDV ran into someone or something. My faith in the flawlessness of the AI and related technologies would be that strong.
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Virtual reality tool developed to untangle genes by izumi3682 in Futurology


[–]izumi3682[S] 3 points 7 months ago
Now there is an interesting convergence of technologies. VR is going to help us figure out a lot of things that are difficult to spatially or topographically understand without the insight provided by VR. Like standing "inside" of an object as it rotates around you.
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Scientist Predicts a Sixth Mass Extinction in 2100 by izumi3682 in Futurology


[–]izumi3682[S] 6 points 7 months ago
The difference in the human race between now (2017) and the year 2100 CE is going to be more vast than the difference between the human race in the year 1000 CE and today (2017). Things that we regard as serious problems today, will no longer exist as perceivable problems by that point. We may have new issues that are unimaginable today however.
Personally I doubt that humans or whatever derives will still be biological by the year 2100. What we think of as "VR" today will evolve to become the reality of 2100. And of course whatever the AI develops into as well.
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Patreon, one of the most interesting media startups of the last few years, has raised $60 million by izumi3682 in Futurology


[–]izumi3682[S] 5 points 7 months ago
I started noticing an odd or perhaps interesting thing on Youtube about maybe 5 or 6 months ago. All my subscribing channels like "Ask a Mortician" and "Fatboss" began to have a large "Patreon" screen at the end of the video. I see now that a new entity has risen. I'm not sure where "Patreon" is going with this, but I bet I am witnessing the birth of a new Google or Facebook type of enterprise. Can I invest yet?
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A Five-Year Basic Income Experiment is Finally Happening in the US: $2,000 a Month by izumi3682 in Futurology


[–]izumi3682[S] 7 points 7 months ago
More like "augmented" income. I would still totally have to work full-time. 4,000 dollars a month would be the absolute lowest acceptable amount that would enable me not to have to work full-time. And 4,000 a month ain't much money, but I would probably be able to live within my means. My tastes are pretty pedestrian. And I probably would be able to save some of that too.
What would I do instead of working? Well at first I would play videogames all the time and sleep. But I suppose I would eventually want to enhance my education. Part of my problem is that I'm 57 and after almost 38 years of working, I'm just starting to think that retirement is looking good. I'm getting tired of working. :P
The thing is, as long as there are enough gainfully employable occupations/vocations for humans to do work for money that allows them to have the best lifestyle that they can swing, UBI is just not possible. But. When the AI, automation and robotics cause our unemployment rate to reach a certain threshold, then UBI or some other kind of "post-scarcity" economy would become essential to further survival of our way of life.
I just don't see UBI ever being a realistic eventuality for the USA before that day. But it would sure be nice to "augment" my current salary with that extra 2k a month.
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Spacex will call global internet satellite network Starlink by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
Because calling it "Skynet" would be too egregiously obvious.
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Robots can hitch-hike on sharks thanks to ultrastrong sucker - Underwater robots could soon hitch rides on sharks and whales thanks to a fish-inspired suction cup that clamps on to shark skin and other surfaces. by bobcobble in Futurology


[–]izumi3682 2 points 7 months ago
One step closer to "sharks with frickin' laser beams attached to their heads!" Awesome future incoming!
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The “Science Will Not Defeat Aging in my Lifetime so Why Bother?” Argument, and Why We Should be More Optimistic | by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
A human turning 100 years old today has a better than average chance of living for 20 more years. And that is just based on existing medical technology and the blessings of that individual's genetics. Between today and 20 years I bet we make some significant advances in interventional aging reversal technology.
I prophesy that the first person to be 1000 years old is turning 100 years old today. If you have not been following the medical advances in aging reversal technology, this claim sounds like the wildest fantasy, but you are the one ill-informed.
Senescent cell clearing technology alone will cause a 100 year old to potentially live until 130. Regenerative medicine will be beyond our wildest dreams in 30 years. Age related sarcopenia has officially been classified as a pathology (M62.84 ICD 10). Five years ago there was no such classification. Age related sarcopenia was simply regarded as a "natural aspect of aging". And this is not even counting advances in nano-tech, which is the true wildcard in all of this.
As it is, I see most super centenarians (those over the age of 110) living for the most part to the age of about 117. Emma Morano recently died at the age of 117. The next three oldest humans are all over the age of 114. And this cohort of people living over the age of 110 has increased dramatically.
The upshot of all of this is scientific immortality for me. And I am 57 years old. Sure I could get cancer in ten years or get hit by a truck tomorrow, but I think my chances are good. I will be 100 in 2060, but youthful as a 21 year old. (And probably crazy nano-augmented to boot.)
Unfortunately the "bean counters" realize this as well. So I think the odds of me being mandatorily worked until age 70 are also good. No more retirement at age 65. Now since this is futurology, perhaps something nice like UBI or the AI taking over or something will let me still retire relatively early.
Record to beat is Jeanne Calment who passed away in 1997 at the age of 122.
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Future Cities, Built for People and Not Cars, Could Look Like This - more likely to resemble a medieval hill town in Italy than the soaring skyscrapers of Blade Runner: 'Technology’s end-goal is to be invisible.' by mvea in Futurology


[–]izumi3682 -2 points 7 months ago
lol! VR, AI and total self sufficiency will eliminate any desire to be in a big city. The Earth will rapidly return for the most part to wonderful untouched nature. Our virtual universes will exceed anything that reality today can produce. If you thought "The Matrix" was advanced, you ain't seen nothin' yet! You will get your "cities" I promise. But imagine sipping wine and smoking a lovely rich gauloises at an outdoor café on a lovely spring day in 1937 Paris and discussing with your compatriots (who think they are real) the worrisome developments in Germany, but you are the god(dess) in this simulation. Will you self limit and let your world's events take their course and observe history unfold or shall you intervene to see what happens? The power is in your hands.
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Future Cities, Built for People and Not Cars, Could Look Like This - more likely to resemble a medieval hill town in Italy than the soaring skyscrapers of Blade Runner: 'Technology’s end-goal is to be invisible.' by mvea in Futurology


[–]izumi3682 1 point 7 months ago
Ohh! I so wish that was me... I could "exist" just fine I'm sure. I mean if I had lots of money and stuff.
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Researchers Show How A.I. is the End of Passwords as We Know Them by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
I think the solution is facial scanning and recognition technology. Samsung showed it was possible and Apple is going to show how we have now nailed that technology. Doesn't seem like a terrible engineering problem to add a dinky pinhole size facial scanner to any given monitor manufactured from now on.
I mean the cat is out of the bag. Facial scanning/recognition technology is utterly unstoppable, so why not exploit it to the best effect.
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The new $999 iPhone X proves 2 important things about the future of technology by izumi3682 in Futurology


[–]izumi3682[S] 2 points 7 months ago
What really has me excited about the progress of this tech is that say 2 years from now, the nearly obsolete IPhone X will be dirt cheap, about 200 dollars tops. There might even be plastic versions!
But just imagine what a top of the line mobile will be like then! Unimaginable things like 16K VR capability. It fills me with such optimism for our incredible future.
Yes 16K is a thing: https://en.wikipedia.org/wiki/16K_resolution
BTW have you downloaded and played with "Sketchfab" on your mobile yet? It's pretty keen and just one of the reasons that mobiles are so important to our daily lives now.
https://sketchfab.com/
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Future Cities, Built for People and Not Cars, Could Look Like This - more likely to resemble a medieval hill town in Italy than the soaring skyscrapers of Blade Runner: 'Technology’s end-goal is to be invisible.' by mvea in Futurology


[–]izumi3682 1 point 7 months ago
Time going forward, humans, individual humans will find it easier and easier to live comfortably "off the grid". Technological advances, particularly that of solar in concert with powerful, capacious energy storage batteries, will make it possible to basically produce your own energy. Once a human can produce his or her own energy, everything else falls into place such as water purification.
VR, yet in it's infancy is not going to go away. It is going to evolve and grow into a new medium so powerful and overwhelming, that I don't discount the possibility that humans will engineer our minds away from the needs of biology to fully exploit this technology. Not today maybe or next month, but in less than 100 years, oh yeah.
And nothing happens in a vacuum. All during this time, I'm confident we shall learn how to effectively interact with our AI through what we think of today as the BMI (Brain-Machine-Interface). Humans will no longer be the same. We shall be for lack of a better term, "as gods". If not omniscient, right close. Almost certainly a desirable "hive-mind" will evolve.
I'll be able to do all this in my little apartment, my universal 3D printer providing all I need from a nano-assembler that can draw raw materials out of the air! Well I may have overreached a bit just then. But I wonder that money or personal wealth may even matter, when we reach that level of self-sufficiency.
I believe we shall spend an awful lot of time in shared VR. VR worlds that exceed the wildest most beautiful natural places on Earth. Because that's what humans do. We take nature and improve on it exponentially once we figure it out. And believe me, even today in 2017 we are doing a phenomenal job of imitating/simulating physics, thus nature on computers.
Oh! I almost forgot about cars!
What would you need a car for? :P
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Chinese Smartphone Maker Promises to Outdo Apple With "The Real AI Phone" by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
The proof is in the pudding. We'll see what they come up with. I don't discount what China has to say out of hand. The absolutely staggering amount of technological progress that China has achieved within the last 10 years alone gives me pause. And yes I know they did that by hook or by crook, but the fact remains that China is rapidly equaling and/or exceeding pretty much any technological advance being made by the USA. I also see evidence that China's AI efforts for general consumer use exceed that of the West as well.
But we shall also see what the Apple IPhone X has to offer as well. In any event I see that human civilization is going to make a substantial leap forward in AI and mobile computer processing power going forward from here. A much higher bar has been set. Also while I have this forum, I'd like to pass on this message... PLEASE turn your phone sideways to record stuff--Thank you! --"The rest of the world".
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Superpower India to Replace China as Growth Engine by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
Yes, I said that in my second paragraph.
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Move Over Millennials, Here Comes 'iGen' ... Or Maybe Not by izumi3682 in Futurology


[–]izumi3682[S] 3 points 7 months ago
If you think the so-called "iGen" is crazy, just wait until the children that are now 3 and 4 grow up in a world where they have always known mobiles, VAR and AI. AI in everything, from no more driving lessons to AI assistants to boss around with loud impatient voices.
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Virtual reality breathes new life into African fossils, art and artefacts by izumi3682 in Futurology


[–]izumi3682[S] 2 points 7 months ago
Oh! Try this out! I can't get it to work on my work pc, but that's because it's a work pc. On my home pc and my iphone 7 it works just fine.
https://sketchfab.com/models/1e03509704a3490e99a173e53b93e282
This is just 2D on a screen. The future of VR is going to be absolutely insane. Beyond anything we can imagine.
(I recommend just downloading "Sketchfab" on any pc or mobile you have. An incredible combination of computer processing power and narrow AI.)
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In the Future, Pop Hits Will Be Made by Machines by izumi3682 in Futurology


[–]izumi3682[S] 3 points 7 months ago
For the person, that sounds like a pretty good deal.
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Deep Learning Could Finally Make Robots Useful by izumi3682 in Futurology


[–]izumi3682[S] 2 points 7 months ago
In what year will I see a humanoid robot like say, "Sophia" from Hanson Robotics mixed with a deep learning ability. Oh, and then that "Sophia" robot could have these new-fangled "soft" muscles that are all the news today as well. That would be quite an accomplishment.
But why stop there. How soon until we can use narrow AI and new robotics technology to allow humanoid robots to walk the streets with humans. Would that be OK with everybody? What year will I see that I wonder.
I bet it's all gonna happen in about 20 years or less. So I'll be about 77 years chronologically. I wonder if I'll have a little age-reversing on me by then.
permalinksavecontextfull comments (4)editdelete
Make a 3D model of your face from a single photo with this AI tool by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
Could we make motion pictures of anybody in history that was photographed? Imagine, genuine motion picture images of Abraham Lincoln or, ...well I'm sure there are other famous people from after photography's invention, but before motion pictures. But mainly it was Lincoln who popped into my imagination.
permalinksavecontextfull comments (3)editdelete
Massive demand will see 5G phones arrive in 2019 says Qualcomm by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
Yeah, that's my point. Apple "steals" everyone else's ideas and perfects them to the point that they are irresistible somehow. That's what Apple does. I'm not saying it's good or bad. I'm saying that's why I trust Apple for my mobile.
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In the Future, Pop Hits Will Be Made by Machines by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
What I am about to state was 10 years ago, wildest fantasy. How times have changed.
It's quite simple actually. Our computers can now process stupendous, colossal amounts of "big data". Literally more data than you can imagine or even hold in your physical brain if you could. Among that data are our likes and dislikes. Also what all of our songs sound like, what all of our art looks like, how all of our motion pictures and plays and performances are accomplished. Pretty much everything we have written down. And probably tons of other data I can't recall offhand. Also screamingly funny cat videos.
Now the computers that we have use a multitude of clever human ideas like machine learning, convolutional neural networks, and I'm certain some other marvelous methods of collating, analyzing and deconstructing all that data for actionable information. This involves things like identifying edges and light and shadow, word patterns and lots of confusing criss-crossy lines in the diagrams I look at. But I'm pretty sure it knows what it is doing.
Then our computers can use "predictive analysis" to develop models of varying degrees of confidence that are constantly tested against a sort of intrinsic "critic" that says thumbs up or thumbs down based on all that big data and that collating and whatnot.
Then it spits out the "highest confidence" result. Humans experience whatever it is and send their own feedback into the computer, which assimilates any novel data from that human feedback and tweaks its models to eventually precisely push the emotional buttons that make a song "haunting" an art piece "compelling" or videos "screamingly funny".
The AI is not going to get worse at "creativity". It's going to surpass human efforts in short order. Humans will come to prefer AI art to that of inferior "human" art. What kind of world will that be? And that is just in art and stuff. The AI will dominate everything else as well. And believe it or not that is still "narrow" AI. Just wait until we successfully develop artificial general intelligence (AGI). Then we either adapt or die. And in that meantime...
"Humans Need Not Apply".
Here is a computer algorithm using narrow AI-big data-CNN-predictive analysis to model human faces that don't exist in real life. They don't look too bad today. Yes, they need work. But in about 5 years--wow! OMG!
http://alteredqualia.com/xg/examples/eyes_gaze3.html
(Run your mouse cursor over the face to really get creeped out. Click the black space on either side to see others.)
permalinksavecontextfull comments (19)editdelete
True, Bitcoin May Become Corrupt. But Banks Already Are. by izumi3682 in Futurology


[–]izumi3682[S] 1 point 7 months ago
I thought we were trying to move away from this mess. I thought the goal was the dream of Peter Diamandis' "Post-Scarcity" society. But instead we just seem to be adding more confusing layers of crap that enables those in the know to make massive amounts of money on the backs of those not as clever. The 1% persists, the 99% persists to fail.
I certainly look forward to the day when we can put AI inside of our minds and no one can be fooled or tricked or deceived any longer. I bet a lot of people think that making all humans super intelligent would not be such a good idea. It would definitely "upset the apple cart" of business as usual.
But who am I kidding. The 1% will get that AI inside of their minds and the rest of us will be their willing slaves or simply exterminated to get rid of the "surplus population" and make the Earth a nicer place to live for the 1%.
permalinksavecontextfull comments (1)editdelete
A billion new low-cost employees from china didn't cause unemployment. Why should some puny robots scare us ? by furyfairy in Futurology


[–]izumi3682 1 point 7 months ago
I think I can sum it up fairly succinctly. The industrial revolution replaced human (and horse) (and oxen) muscle. The AI revolution will replace the human mind. Watch this space in 10 years.
submitted by izumi3682 to u/izumi3682 [link] [comments]

Izumi3682 Archives

Chinese Smartphone Maker Promises to Outdo Apple With "The Real AI Phone" by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
The proof is in the pudding. We'll see what they come up with. I don't discount what China has to say out of hand. The absolutely staggering amount of technological progress that China has achieved within the last 10 years alone gives me pause. And yes I know they did that by hook or by crook, but the fact remains that China is rapidly equaling and/or exceeding pretty much any technological advance being made by the USA. I also see evidence that China's AI efforts for general consumer use exceed that of the West as well.
But we shall also see what the Apple IPhone X has to offer as well. In any event I see that human civilization is going to make a substantial leap forward in AI and mobile computer processing power going forward from here. A much higher bar has been set. Also while I have this forum, I'd like to pass on this message... PLEASE turn your phone sideways to record stuff--Thank you! --"The rest of the world".
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Superpower India to Replace China as Growth Engine by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
Yes, I said that in my second paragraph.
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Move Over Millennials, Here Comes 'iGen' ... Or Maybe Not by izumi3682 in Futurology


[–]izumi3682[S] 3 points 6 months ago
If you think the so-called "iGen" is crazy, just wait until the children that are now 3 and 4 grow up in a world where they have always known mobiles, VAR and AI. AI in everything, from no more driving lessons to AI assistants to boss around with loud impatient voices.
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Virtual reality breathes new life into African fossils, art and artefacts by izumi3682 in Futurology


[–]izumi3682[S] 2 points 6 months ago
Oh! Try this out! I can't get it to work on my work pc, but that's because it's a work pc. On my home pc and my iphone 7 it works just fine.
https://sketchfab.com/models/1e03509704a3490e99a173e53b93e282
This is just 2D on a screen. The future of VR is going to be absolutely insane. Beyond anything we can imagine.
(I recommend just downloading "Sketchfab" on any pc or mobile you have. An incredible combination of computer processing power and narrow AI.)
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In the Future, Pop Hits Will Be Made by Machines by izumi3682 in Futurology


[–]izumi3682[S] 2 points 6 months ago
For the person, that sounds like a pretty good deal.
permalinksavecontextfull comments (19)editdelete
Deep Learning Could Finally Make Robots Useful by izumi3682 in Futurology


[–]izumi3682[S] 2 points 6 months ago
In what year will I see a humanoid robot like say, "Sophia" from Hanson Robotics mixed with a deep learning ability. Oh, and then that "Sophia" robot could have these new-fangled "soft" muscles that are all the news today as well. That would be quite an accomplishment.
But why stop there. How soon until we can use narrow AI and new robotics technology to allow humanoid robots to walk the streets with humans. Would that be OK with everybody? What year will I see that I wonder.
I bet it's all gonna happen in about 20 years or less. So I'll be about 77 years chronologically. I wonder if I'll have a little age-reversing on me by then.
permalinksavecontextfull comments (4)editdelete
Make a 3D model of your face from a single photo with this AI tool by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
Could we make motion pictures of anybody in history that was photographed? Imagine, genuine motion picture images of Abraham Lincoln or, ...well I'm sure there are other famous people from after photography's invention, but before motion pictures. But mainly it was Lincoln who popped into my imagination.
permalinksavecontextfull comments (3)editdelete
Massive demand will see 5G phones arrive in 2019 says Qualcomm by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
Yeah, that's my point. Apple "steals" everyone else's ideas and perfects them to the point that they are irresistible somehow. That's what Apple does. I'm not saying it's good or bad. I'm saying that's why I trust Apple for my mobile.
permalinksavecontextfull comments (24)editdelete
In the Future, Pop Hits Will Be Made by Machines by izumi3682 in Futurology


[–]izumi3682[S] 2 points 6 months ago
What I am about to state was 10 years ago, wildest fantasy. How times have changed.
It's quite simple actually. Our computers can now process stupendous, colossal amounts of "big data". Among that data are our likes and dislikes. Also what all of our songs sound like, what all of our art looks like, how all of our motion pictures and plays and performances are accomplished. Pretty much everything we have written down. And probably tons of other data I can't recall offhand. Also screamingly funny cat videos.
Now the computers that we have use a multitude of clever human ideas like machine learning, convolutional neural networks, and I'm certain some other marvelous methods of collating, analyzing and deconstructing all that data for actionable information. This involves things like identifying edges and light and shadow, word patterns and lots of confusing criss-crossy lines in the diagrams I look at. But I'm pretty sure it knows what it is doing.
Then our computers can use "predictive analysis" to develop models of varying degrees of confidence that are constantly tested against a sort of intrinsic "critic" that says thumbs up or thumbs down based on all that big data and that collating and whatnot.
Then it spits out the "highest confidence" result. Humans experience whatever it is and send their own feedback into the computer, which assimilates any novel data from that human feedback and tweaks its models to eventually precisely push the emotional buttons that make a song "haunting" an art piece "compelling" or videos "screamingly funny".
The AI is not going to get worse at "creativity". It's going to surpass human efforts in short order. Humans will come to prefer AI art to that of inferior "human" art. What kind of world will that be? And that is just in art and stuff. The AI will dominate everything else as well. And believe it or not that is still "narrow" AI. Just wait until we successfully develop artificial general intelligence (AGI). Then we either adapt or die. And in that meantime...
"Humans Need Not Apply".
Here is a computer algorithm using narrow AI-big data-CNN-predictive analysis to model human faces that don't exist in real life. They don't look too bad today. Yes, they need work. But in about 5 years--wow! OMG!
http://alteredqualia.com/xg/examples/eyes_gaze3.html
(Run your mouse cursor over the face to really get creeped out. Click the black space on either side to see others.)
permalinksavecontextfull comments (19)editdelete
True, Bitcoin May Become Corrupt. But Banks Already Are. by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
I thought we were trying to move away from this mess. I thought the goal was the dream of Peter Diamandis' "Post-Scarcity" society. But instead we just seem to be adding more confusing layers of crap that enables those in the know to make massive amounts of money on the backs of those not as clever. The 1% persists, the 99% persists to fail.
I certainly look forward to the day when we can put AI inside of our minds and no one can be fooled or tricked or deceived any longer. I bet a lot of people think that making all humans super intelligent would not be such a good idea. It would definitely "upset the apple cart" of business as usual.
But who am I kidding. The 1% will get that AI inside of their minds and the rest of us will be their willing slaves or simply exterminated to get rid of the "surplus population" and make the Earth a nicer place to live for the 1%.
permalinksavecontextfull comments (1)editdelete
A billion new low-cost employees from china didn't cause unemployment. Why should some puny robots scare us ? by furyfairy in Futurology


[–]izumi3682 1 point 6 months ago
I think I can sum it up fairly succinctly. The industrial revolution replaced human (and horse) (and oxen) muscle. The AI revolution will replace the human mind. Watch this space in 10 years.
permalinksavecontextfull comments (9)editdelete
Massive demand will see 5G phones arrive in 2019 says Qualcomm by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
Wow! 7 years ago was a technological lifetime ago. The convergence of VR, AI and consumer level peta-scale processing power will bring about devices that are as different from the playstation console of today as the motor vehicle is from the horse in that next 7 years!
I got my IPhone 7+ in Sep of 2016. And it was totally slam awesome. But this years iteration of the IPhone is so fantastically advanced over that of my IPhone 7+, that forgive me if I show no control and leap for the next gen with it's enlarged OLED HDR screen, in-built machine learning chip and processing power and capability. Even that creepy perfected facial recognition technology. Not undependable and quirky like the current gen Samsung.
Here is IPhone 7: http://bgr.com/2016/10/21/iphone-7-specs-a10-fusion-processo
Here is IPhone X: https://www.theverge.com/2017/9/13/16300464/apple-iphone-x-ai-neural-engine
I suspect I'm not the only one who can't control myself. And of course in the fall of the year 2018 I shall hopefully be able to get a bit of a discount on my IPhone X trade-in for the next gen of the IPhone.
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Is virtual reality bad for our health? The risks and opportunities of a technology revolution by izumi3682 in Futurology


[–]izumi3682[S] 3 points 6 months ago
Here is what I have to say about VR and its impacts and future.
https://www.reddit.com/Futurology/comments/6itqu4/escape_to_the_future_with_virtual_reality/dj93x8y/
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Massive demand will see 5G phones arrive in 2019 says Qualcomm by izumi3682 in Futurology


[–]izumi3682[S] 3 points 6 months ago
No way man, I'll pay thru the nose for yearly exponential technological advancement. To heck with that 4 year "Playstation" console business model.
permalinksavecontextfull comments (24)editdelete
Is virtual reality bad for our health? The risks and opportunities of a technology revolution by izumi3682 in Futurology


[–]izumi3682[S] 5 points 6 months ago
Just wait until we nail resolution and FOV.
https://www.forbes.com/sites/stevenkotle2014/01/15/legal-heroin-is-virtual-reality-our-next-hard-drug/#56dd35961a01
Personally, I'm way looking forward to it. Imma Oculus Rift early adopter. I see what the future is gonna be. I often discuss VR and it's impact and future in my overview.
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Why China Is So Confident by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
This is me about China and why the 21st century will belong to China until the AGI takes over about mid-century.
https://www.reddit.com/Futurology/comments/5pwnyj/china_reminds_trump_that_supercomputing_is_a_race/dcw3qyq/
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Superpower India to Replace China as Growth Engine by izumi3682 in Futurology


[–]izumi3682[S] 9 points 6 months ago
No. India is far far too scattershot politically, technologically, culturally and socio-economically to ever be able to compete meaningfully with China. Aside from a few technological "city-state islands", the majority of India remains a 3rd world backwater. Filthy, ignorant and dangerous.
Having said that, I observe with sincere amazement and admiration when Indians leave India and become powerful intellects in their adopted new countries. The potential absolutely exists and if it is ever tapped would be transforming. Unfortunately the 21st century is likely to belong to China/USA until the AGI actually takes over completely mid-century or so.
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How long should a $999 iPhone last? (Me: or any mobile for that matter.) by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
One year, tops. After that point I expect the exponential technological advances to be such as to render my one year old 999 dollar mobile nearly obsolete. Hopefully I can trade in my one year old mobile for a bit of a discount on my 1500 dollar, next year mobile.
I absolutely delight in the fact it becomes necessary for me to have to update my mobile once each year. It just goes to show how incredibly fast our technology is advancing.
By the way, if you can't use the website "Sketchfab" on your mobile because it won't support it, you need to upgrade your mobile. "Sketchfab" is a miracle of AI and processing power. You have to see it to believe it. Here is the pc version.
https://sketchfab.com/
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Skin Patch Dissolves “Love Handles” in Mice: Researchers devised a medicated skin patch that can turn energy-storing white fat into energy-burning brown fat locally while raising the body’s overall metabolism, to burn off pockets of unwanted fat such as “love handles” and treat obesity. by mvea in Futurology


[–]izumi3682 1 point 6 months ago
Not a moment too soon for the likes of me.
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I Saw Her Face, Now I’m a Believer—Facial Recognition Tech Goes Mainstream by dwaxe in Futurology


[–]izumi3682 0 points 6 months ago
I was reading that Samsung had developed the facial recognition technology for their mobiles already, but that it was so undependable and quirky that most people chose not to use it. Apple has nailed the technology. That is what Apple does.
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PAL-V Just Announced Plans to Travel Around the World in a Flying Car by skoalbrother in Futurology


[–]izumi3682 1 point 6 months ago
Granted its a tiny helicopter, but it's still a helicopter. If you need tons of license and training and carrying on for your flying car, we haven't arrived. A flying car should be electric and level 5 AI autonomous. The human(s) get(s) in like a regular car, tells the flying car where to go and the flying car takes off like a king sized drone to deliver that/them human(s) to their destination in safety and comfort.
We'll get there. I see good signs. But this is just a little helicopter.
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Median wealth of black Americans 'will fall to zero by 2053', warns new report | Inequality by izumi3682 in Futurology


[–]izumi3682[S] 2 points 6 months ago
Just as the transistor replaced the vacuum tube, the quantum logic gate will replace the transistor based chip. Quantum supremacy is possible by 2018. Moore's law will be transcended. In the meantime 15 petaflops computers are sprouting like dandelions. This will trickle down to the consumer as well. Just imagine the resulting VR!
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Median wealth of black Americans 'will fall to zero by 2053', warns new report | Inequality by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
That's a valid consideration and I concede it to you as a possibility!
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Smartphones Could Be Leading To A Mental-Health Crisis by izumi3682 in Futurology


[–]izumi3682[S] -1 points 6 months ago
Smartphones demonstrate the increasingly sharper and growing disconnect between machines like mobiles and biological human minds. This is only going to get worse. And it really is worrisome. It is almost as if humans are screamingly striving toward becoming one with the devices. You can see it so easily now in everyday life. Just go out where people are and you'll see it. But I also believe that help is on the way.
Unfortunately this help, the BMI (Brain Machine Interface) which, while it will restore equilibrium again, will also leave a far different "human" on the other side. Hopefully I'll really really like being "Human 2.0".
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How Tinder Exposed Our Reliance on Racist Stereotypes by izumi3682 in Futurology


[–]izumi3682[S] 1 point 6 months ago
This is a perfect example of parsing "big data" to gain useful and sometimes distressing insights. The demographics of the USA are now in flux. The next 20 years, in the absence of overwhelming AI, will see vast changes in the way that the USA thinks. Me, I just want a comfortable, cool tech VR future, but I worry about increasing societal discord in the USA from a variety of "growing pains" that are more than just exposed racism and demographic shift.
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Daily news update

How Bitt Plans to Use Digital Fiat to Rebuild the Caribbean Economy Gabriel Abed - https://r.gaby.ai/158f3069a435
John McAfee Says He's No Longer Pitching ICOs "Due To SEC Threats" Vinny Lingham - https://r.gaby.ai/cf004fdc76fa
Our customers in New York state can now buy and sell Bitcoin instantly with Cash App! Brad Mills - https://r.gaby.ai/a760880003e7
Square obtains NY State cryptocurrency license William K. Santiago - https://r.gaby.ai/be83ab3ecd0d
The Time Value Of Bitcoin Stacy Herbert - https://r.gaby.ai/6da37dd3139a
Cryptocurrency Investing, blockchain technology And Peter Diamandis Ameer Rosic - https://r.gaby.ai/5ea1649a3133
Bitcoin cannot be leveraged against the value of the global community Oliver Gale - https://r.gaby.ai/b83aac23b952
This Thursday, June 21st, #TRON ( $TRX ) will be removed from the Bancor Web App Bancor - https://r.gaby.ai/53c3bce66e43
What Is Ethereum Gas? Ethos - https://r.gaby.ai/35051070e572
Powered by Gaby.ai
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WePower Unveils Australian Energy Trading Platform

WePower, the Lithuanian green energy ICO which raised $40 million during its February token sale, has shared with its community a first look at its energy financing and trading platform. The unveiling took place at the Startupbootcamp EnergyAustralia Demo Day. The company also announced that it would be establishing a local team to work on the Australian market.
In December last year, WePower was chosen by Australia’s Startupbootcamp Accelerator (SBC) for its energy track program. Significantly the program comes with support from Energy Australia, one of the country’s biggest energy companies.
WePower’s platform will sit between renewable energy providers, power retailers and customers. Through the platform customers can buy electricity upfront from facilities which have yet to be built, thus financing new renewable infrastructure.
https://preview.redd.it/zhqnw91cp0x01.jpg?width=850&format=pjpg&auto=webp&s=0a22d06d84e8754bcc9fc58e5b6630c4059a696e
The trading of contracts is also possible through the program. As Mantas Aleks, the chief business development officer at WePower, explained to Smart Company, “if you’ve bought a contract and end up moving to another place or consuming less energy, you can sell those contracts.”
“Unprecedented in the energy industry”
According to WePower’s co-founder and CEO Nikolaj Martyniuk, the company is trying to build something “unprecedented in the Energy industry.” Taking advantage of the mentoring offered during the program has allowed them to build on their Estonian pilot and “move fast towards realising our mission of accelerating world’s energy system transition towards 100% renewable future.”
Energy Australia executive Andrew Perry was no less excited, saying that the “success of our Accelerator program means delivering reliable, affordable and cleaner energy for all Australians.” For that to happen the company needs “the next wave of innovative ideas” which is why they are “excited to be partnering with WePower.”
The Australian expansion comes after an eventful month for WePower which saw it refused a Binance listing (and then receiving one) and the appointment of Peter Diamandis of the X Prize Foundation, and a close friend of Elon Musk, to its advisory board.
Through all the excitement the company has kept its conviction that focusing on renewable energy is not only a moral question but an economic one. Aleks points out that renewable is “where most of the investment is going right now,” so focusing on that area “is not only the right thing to do, it’s where the world is going.”
Source

#Cryptocurrency #ICO #Blockchain #TokenSale #daico #w12 #Token #AI #coin #bonus #platform #bitcoin #ethereum #crypto #currencies #project #marketplace #cryptotrading #icoinvest #iconews #technology #platformmarket #Australia #WePower #greenenergy #SBC

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[Table] I am Peter Diamandis, founder of XPRIZE, Singularity University, and co-author of NYT best-seller Abundance. AMA!

Verified? (This bot cannot verify AMAs just yet)
Date: 2013-10-17
Link to submission (Has self-text)
Questions Answers
We are building the framework for that Meta-Intelligence, it's called Bliss and uses impact as a currency. A techno-telepathy is one of the many forecasted beneficial outcomes of an impact based economy. When people ask me "What problem does it solve?", the easy answer is "all of them". Cool.
I know a handful of smart, motivated people who are interested in working to advance science and technology (specifically space exploration, neuroscience, and probably a couple other areas), but are only semi-technical, and don’t really have a chance of working directly for a company in the field. How can people in this situation make meaningful contributions to the science/tech fields they consider important? One of our ideas is to generate enough disposable income that we can afford to make investments in new companies that are doing important things, but might be too risky to appeal to traditional angel/VC investors. Is there something better that we should be considering? It takes ALL kinds to make any business happen. Alot of the most brilliant "tech" people don't have the social skills of a 10 year old... so they need help. The massively connect world we are creating allowing teams to come together. I blog on this thru www.diamandis.com all the time. I think we have alot of ability for people to "team up" and complement their skills.
Hi Peter. Hypothetically, if there were an enormous X Prize, more on the order of $100 million, what kind of goal would it be for? I think we'll eventually see $100M XPRIZEs coming... We SHOULD have them in the field of Cancer. We typically tie the purse size either to (i) Level of importance the donor gives to the issue; or, (ii) the amount of money a team would probably end up spending.
To me, the world seems overpopulated. Would you ever consider a prize for some kind of population control (e.g. incentives not to procreate, easy/quick/cheap voluntary sterilization, and just overall better family planning services)? GREAT Question -- the answer is much simplier. The biggest inhibitor to procreation is making a population Wealth, Healthy and educated. Those like the U.S. and Japan are in negative growth. As i write about in detail in Abundance (hint hint) Over population is not an issue in a world of Abundance. Morocco is a great case studie... went from 7.8 childen per family to 2.8 per family when the new King &Queen improved health and education in the country. it is an elegant solution.
Thank you so much for doing this talk and congratulations on your PopMech Breakthrough Leadership Award! Thanks for the Congrats! I get my award this Tuesday in NYC from PopMech.
Do you think the government will continue to have a role funding science and tech? Or do you think the private sector will take the lead, much like it has in the space industry? I am massively excited about Crowd Funding, which is growing exponentially. I'm also excited about the new generation of "Techno-philanthropists" folks who made their billions in the Tech areana and now want to have a massive impact on the world. I would LOVE to have the government do more, but unfortunately the most interesting work is the riskiest work and alot of agencies aren't funding that risk. DARPA of course being one of the noted exceptions. I think we need to get to a point where 50% of the work being funded by NIH, NASA, etc is for "HIGHLY RISKY WORK"... That would be my hope and desire. Until that happens i'll depend on amazing companies like Google and SpaceX to do this stuff... oh yeah, and XPRIZE and Planetary Resources too.
That was indeed a longer wall of text than it should have been. :) What sort of changes will near-unlimited production potential have on the current global economic paradigms? When the Singularity does happen, will new options open up in terms of human freedom, or are there too many factors working against freedom for the masses to live as they want? (IOW: is a universal basic income ever going to be a thing?) Brain-computer-interfaces. Currently studying CS and trying to focus on the software side of BCIs. Do you think BCIs are the next big thing in technology? (1) It will drive massive competition and diversity, eventual demonetizing almost everything.; (2) I think we will go from "Occupation" where we do stuff to earn a living, to "Occupation" where we occupy our time in ways we love and entertain us; (3) I thing BCI is big, but another decade out... We need to learn more about the brain first and need better models and material science... but it is coming and will be critical.
Dr. Diamandis, thank you so much for this AMA. How should they go about in terms of presenting their ideas to investors, or looking for funding & resources? Thanks for the question... i actually blog about this constantly at www.Diamandis.com -- my next book BOLD is on this subject, advice for Enterprenerus. You can also follow my twitter exploits: #PeterDiamandis. Bottom line YES, there is great opportunity for you to partner with Tech-folks. Most critical step for you is focusing on your passion and becoming knowledgable and curious on that subject.
Do you regret withdrawing the genetic prize? Couldn't it be argued that significant progress was partially spurred on by the prize so it was doing what it should have? You said about the genetics prize that it was good sign when X prize failed. Other than that example, what was the x-prize's biggest failure to date? There has been significant consolidation recently in the prize industry (IC, TopCoder and Spigit all acquired or merged). Where do you see the prize industry in 5 years? Great question. This was a VERY difficult decision, one in which took alot of internal conversation and guidance from our advisors. I was told by a number of the teams that the existence of the prize did spur movement, but what we also saw was the acceleration of genome sequencing at an accelerated rate independent of the prize.. taking it from $100M to under $5K (now about $2K). Driven by a billion-dollar market place. we decided that the competition was not incentivizing the technological changes that our prize chair and Scientific Advisory Board had intended. Clearly we could always be wrong. Our goal here is doing the right thing for the world. We have no other intension. Time will tell.
Hello Mr. Diamandis. My name is B.J. Murphy, I've been following closely on your excellent G+ posts in relation to your upcoming book, and I'm also one of the few lucky to becoming a member of the newly formed Planetary Community Vanguard of your company Planetary Resources. No pressure. haha My question to you, though, is: what exactly do you feel will be the greatest contribution in the next 4-5 decades in regards to both Earth-domestic technological advancements and in space exploration/colonization? Over the next 30 - 40 years (not 40 - 50) humanity will establish itself in space, independent of Earth. We finally have the technology at hand to do this... and the wealth... and the will. That is HUGE. Millions of years from now, as people look back at these next few decades, it will be the moment in time that we broke away irriversibly and became a multiplanetary species. Not since lung fish cralwed out of the oceans onto land has this happened!
If you get to mine asteroids in space, would you go on one of the missions? I have every expectation that we will be mining asteroids well within the next decade. While I have every personal desire to make a trip to the moon, and also to the surface of Mars, heading out to an asteroid 100 million plus miles away doesn’t sound like a fun adventure. I think I’ll let the robots take care of that one.
We at the Weinberg Foundation are real fans of your work - inducement prizes are such a fantastic way to provoke innovation. We are followers of Alvin Weinberg, the American physicist and Oak Ridge laboratory director. We believe there is a new way for nuclear power by switching from light water reactors to a safer, cleaner and cheaper paradigm - that of Thorium-fuelled molten salt reactors. Would you consider doing an XPRIZE to address the market failure in nuclear innovation with us? I think Thorium reactors are great. I've read about them at some length. As i discuss in Abundance, i think Nuclear has gotten a bum rap on Earth, especially in the U.S. The question i would have is "What would the XPRIZE be for?" An XP is something that a small team for a few dozen graduate students can fund, design, build and demonstrate.
It feels to me that humanity seems to be approaching a critical point. As you talk about in Abundance, there are a lot of technologies that are maturing now that offer a lot of promise for humanity's future. Yet at the same time, we see that our unsustainable use of existing resources, combined with our excessive pollutiuon, is catching up with us fast. It doesn't seem possible at this point to find a sustainable means to support the current population of the planet, and attempting to do so would likely result both in significant loss of life, and reduction in quality of life for those that survive. So, to put it simply, our only way through the situation is to work at developing these new technologies to help us before our bad choices catch up. Do you feel that our potential to reach a future of abundance faces significant threats from these sorts of negative factors? (environmental damage and resource depletion, and the unrest that has potential to ferment in such conditions) Are there any areas that you feel need critical attention to avoid derailing a successful future? I actually am an optomist about human nature and people usually do "bad things" in the shadows. As tech continues to drive towards MASSIVE Transparency, where you can't hide, it will actually cause us to be safer in society and allow us to take action more quickly when things are heading in a negaive direction. Knowledge is the Bright light we need.
I dream of working for XPRIZE Foundation on day. What kind of skills are you looking for? We are look for SMART, PASSION, CURIOUS and great program managers. We are Growing... probably by 50% this next year.
How will the Lunar Xprize help foster spaceflight? Do you think any team is going to make it there? Thanks! Yes, i think we can have a winner of the Google Lunar XPRIZE (GLXP). Ultimately the purpose for GLXP is to help create a space ecomomy beyond Low and Geo Earth orbit. On the moon we have access to water (H2 & O2), i.e. fuel, and very useful materials. My friend and mentor Gerard K O'Neil taught me how useful the Moon is as jumping point for humanity to become a multiplanetary species.
Dr. Diamandis, thank you doing this AMA. What do you think of D-Wave's quantum computer? What do you think will the consequences be for the future of humanity if it keeps speeding up as expected? I think D-Wave's machines a very remarkable. What i've heard about them are extraordinary. My friends at Google & NASA Ames just purchased their latest 512 qbit model to start experimenting. Can't wait to see what they do.
How will the US Government be disrupted and what will it look like in 20 years? Large government don't disrupt gracefully... that is a problem. SO how will our Patent (IP) System look when the number of inventions increase x1000? What will happen to social security when human lifespan is >120. These things will happen and they will cause some havock. I think we are going to end up with alot of "parallel" non-gov systems providing more efficient services in virtual worlds and by public general adoption.
If you could have an X Prize for absolutely anything, what would it be? My XPRIZE??? Hmmm... I love the idea of BEAM POWER LAUNCH... power a rocket ship to orbit using RF or Lasers. I LOVE the idea of a "Transporter XPRIZE" to move people with an autonomous electric helicopter from Point A to Point B. Also i would love to live >500 years.. so life extension is a must!
If you could add anyone as an advisor to the X Prize Foundation, Singularity University, or Planetary Resources who would it be and why? Honestly (and i'm very proud of this) i think we have them onbaord already! What i want next is to tap into the global crowd and start doing GLOBAL VISIONEERING where we ask the world what they want, have them design the prize and then fund those prizes... this is in process.
We're seeing exponential technologies quickly being incorporated into the job market. Software, AI, robotics provide unprecedented possibilities for automation: We're seeing machines demonstrate capabilities they've never ever had before. As a result of automation, one could argue that wealth is being concentrated more and more toward the people who own the automation. Fewer and fewer people need to be employed while productivity is continuing to increase at an incredible rate. What do we do about the fact that robots/AI/software are taking human jobs at an ever increasing rate? Would you support a minimum basic income? We're heading from a world of "Have" and "Have-nots" to a world of "Haves" and "Super-haves". I think the final result of technology is a sort of "Technology-socialism" where tech is handling our basic needs... now i'm personally a libertarian-capitalist by nature.
As we move towards a world of abundance and greater connectivity, do you see us abandoning cities in favor of a more decentralized rural life? I think that we are social creatures and like handing out. I thing we may move towards smaller cities, but most of us will want to be in some populatoin centers. I do think that the biggest impact here willbe virtual worlds with very high (think "Avatar the movie") level realism which is coming ver soon.
With initiatives like Bitgov and The Online Party of Canada, when will we see the shift to digital direct democracy take root? I would love to see a "true democracty" evolve, but i fear that this won't happen gracefully for larger nations... and will likely happen in smaller governments or off world.
A year ago someone brought up the question of abundance and its implication on labor. As technology takes over more complex tasks (via automation) less labor is needed. However, if we reach a critical point where labor needs decrease dramatically there is no economic population to purchase the output (as they would have no jobs). While total "abundance" is perhaps unreachable there has to be a tipping point where labor markets and automation balance each other out. Would you mind commenting on this concept, its implications and perhaps limitations? Thank You. GREAT question... There is a race to the bottom. What you say above is true. It is also true that were we spend our money... Health, education, energy etc is "Demonetizing" i.e. tech is making it effectively FREE, so we will need less money. ALSO, and ultimately we will partner with technology. I'm an engineer and i look at boundary conditions... the final result is nanotech.. and if i have a nanobot, i don't need any money.
Hi Peter. What is your opinion on crypto-currencies like bitcoin? I believe that we're going to have some new global currencies coming into existance this next decade. Whether or not bit-coin will succeed and dominate is tbd, but the easy and need is clearly there.
Hey Peter! Where do you think humanity will be in the year 2113?? A hundred years is an extraordinarily long horizon to predict, especially since the rate of innovation is accelerating. I believe that in a hundred years society will look nothing like it does today, we will be engineering life in fundamentally new ways. We will have expanded far beyond the earth’s surface, beyond the moon and mars; we will have co-evolved with robots and AI in unique ways that we cannot predict.
of all, I just wanted to tell you that becoming a part of SEDS completely changed my life, and for that I thank you. Now on to my question: Your photo on your Wikipedia article depicts you flying in Microgravity, however it doesn't appear to be Zero-G Corp's 727. I've always wondered, what plane was this? It has so much space! GREAT Observation... that photos is in the IL-76 the Russian cargo plane used for Zero-G flights in Star City -- this was the first time i flew in Zero-G... and this was before i was able to convince the FAA to allow us to do Zero-G legally in the US. BTW, SEDS ROCKS... Its where i learned everything i know use in business.. Students FOr the Exploration and Development of Space -- Go SEDS!
Hey Peter, I have a bit of a hypothetical for you. If we (humanity) discovered that some form of faster than light travel were possible (via small scale lab experiments or what have you), and it was at least conceivable to be scaled up (as apposed to a method that would require unobtainable amounts of energy), how quickly do you think we would jump on that opportunity? Do you think there would be a "explosion" of efforts? or would it be more likely that the funding would be unimpressive? Interesting question. The similar situation exists today with Cold Fusion... or zero-point energy. I have alot of incredbility brilliant friends who swear that it is real. Why isn't there more money being spent to figure that out? Because there's still a big controversy. It has to get to super credible and then he money will pour in...
Is the X Prize working out financially for the organizers and would you encourage people in other countries outside of USA to start similar organizations ??? The XPRIZE is a non-profit, so there's not a financial measure of benefit to the organizers. There is a benefit to humanity that the effort is working. What i can say is that we are opening XPRIZE India next spring, so i'm excited about that and are working with benefactors and companies around the world. I do believe (expect, hope) others will emulate us in success... we're also willing to partner with those who are serious players.
1) What role do you think resource reclamation and re-utilisation will play? Do we need to focus on utilising our resources more as if they were part of a closed system or as an open system subsidised by offworld resources? Should there be an XPRIZE which seeks to enhance our processes and technology to reuse and reclaim our terrestrial resources? 2) Looking further towards the future, what role should "resource synthesis", either natural or artificial play? For example, Helium-3 via radioactive decay or precious metals via particle accelerators and/or irradiation. Should we be headed in a direction of exploring ways to safely and affordably CREATE resources in quantities sufficient for commercial usage? Should there be an XPRIZE that moves us towards this goal? As humanity goes from 1,8 billion poeple connected on line to 7B plus over the next 10-15 years we are going to need all the resources we can get our hands on... so yes, of course using terrestrial resources and using them efficiently is critical... space base resources for use in space will also allow us to expland our footprint and i expect some of he SBR will be useful back here too.
As abundance becomes the standard, what do you see happening to the value of money? Would there be a new currency such as Time, Materials, or Ideas or would we just continue to use some sort of common denomination to pay for goods and services? I answered a similar question. The end result of technology is "technological socialism" where our basic needs are being met by Tech. I do think we will be re-inventing the economy (or what ever that means) and will end up where energy and information are the two most precious resources.
What mundane day to day thing on earth would you miss if you decided to live in space and eventually Mars? I think i'd miss ALOT about Earth... but definitely not the LA Traffic. Its all about choice. Peter's second law: When given a choice take both.
Do you have any cool news regarding innovation in Agriculture? Agriculture Innovation is Urban/Vertical Farming and re-engineering plants to make them more efficient and produce the proteins we need/want.
How long did it take you to paint the space mural in your room at TDC? That's funny. The mural in my room in TDC is actuall wall paper that i purchase and put up. My nickname at TDC was "Pete In Space" -- which often got reduce to PIS... and for that reason my room was named the Urinal, because PIS lives there. I wanted to call it the Galactic Empire... but i lost :-(
Our financial system and economic thinking is based on scarcity, but you and others argue there is in fact an abundance of resources. As technology unlocks more resources (where yesterday we used oil/gas for energy, now we look to renewable energy sources, etc.) do you see any structural changes to the global financial system? Michael, we are heading towards a massive chance in our economic system. When most everything you need is "effectively free" what does that mean? How does that work? Probably looking a bit like the Star Trek universe when your replicator can create any material thing you want. Ultimately (i) Energy and (ii) information will be the two critical currencies.
Thanks for doing this AMA. What have you competed in and lost, and what have you learned from that? I have started about 15 companies over the last few decades and a number of those have been spectacular failures and some of been great successes. In the failures there’s one in particular that comes to mind, it was a company called International Microspace, which was focused on building very low cost launch vehicles. The original vision was a launch vehicle that could take 100 kilograms to orbit for 1 million dollars. When we launched that company it was an impossible goal and because the nearest money available was from the defense department we started chasing DOD contracts which wanted a launch vehicle that looked much larger and met all the DOD requirements which meant it was going to be much more expensive. Ultimately we ended up building that vehicle and winning $100 million contract from the government, but the vehicle never got built and was never launched. I learned to really stay true to your visions and not go chasing someone else’s requirements because if you do you’ll end looking like everyone else.
Hey Peter, Sorry to flatter, but I was a student at a talk you gave via Skype to the UK Space Conference. That talk is what persuaded me to become an entrepreneur.. Anyway my question: With the work of Planetary Resources focusing on unmanned exploitation of asteroids, what economic roles do you see manned space travel fulfilling in the solar system in the near future? Hi there. Thanks! I think human participation is critical. Its about expanding humanity and civiliation and culture. We humans are the carriers of culture. Also i think people want to explore... we have an "Exploration Gene phenotype" so pure desire and adventure.
Hi Peter, last year Chris Lewicki from Planetary Resources participated in a feasibility study regarding NASA's planned Asteroid Retrieval and Utilization mission. Are you content with the involvement of the private sector so far? How do you think is the Asteroid Initiative going to shape the future of Planetary Resources or private spaceflight in general? I'm super psyched about the progress of PRI. We've got an incredible team and we're going to be making it happen. I hope that the government (NASA) will have the insight to partner and inspire entrepreneurial companies. The deal they got by backing SpaceX has been extraordinary... probably saved them 10X the $$ and wouldn't have never gotten the results from contracting with a traditional player.
Dr. Diamandis, first of all thanks for taking these questions! Your work and specifically your book Abundance has helped inspire my young career in government/policy. My motivation is to allow entrepreneurs who create these solutions to actually implement then by having a government that empowers them and doesn't stop then through unnecessary regulations. What is your take on the governments role in a 21st century world? Great question. I believe it is going to be changing alot. Many of our government policies, procedures, laws were designed for the 1800's and how we're going to deal with the explosive growth of Tech and its empowerment of individuals is going to be "interesting" at best. I honestly wondering this question myself!
When will we be able to install software on our brains? Technically now. There are implants for various neuro-related diseases that are software driven. But what you mean, more like BCI related work, i think we'll start with the first real efforts within 10 years and then have "Google On the Brain" as an app inside of 20.
Peter - Thank you for all of your inspiring work. I am a professional engineer with a good job, loving family and I am very blessed. I also am an inventor so many ideas to that can make the world a better place. I, like so many, lack the financial resources (and the time) to transform these ideas into reality. The XPRIZE model is wonderful, but it doesn't help with the seed money to be able to compete. My question is: can you recommend or are you aware of non-conventional ways to raise capital outside of banks, angel investors and venture capitalists? I understand what you mean. Luckily there is a solution in crowd funding. If you look at the availability of $$ from Kickstarter, INdieGoGo, RocketHub, etc it is growing exponentially. $2.8B in 2012 growing to $15B in 2015. There is natural tie here that is very exciting where the public funds the teams solving the problems of greatest interest to them.
How near is the Singularity? That is a question that I really don’t think about while my good friend, business partner, and XPRIZE trustee Ray Kurzweil can give you his answer, which I believe is within the next 30 years or so. I’m personally not focused on “The Singularity,” I’m more focused on the transformation of humanity into a world of abundance where people have their basic needs be met. So I’m also focused more on the next 2-10 years and how technology is transforming the ability of an entrepreneur to solve the world’s grand challenges and changing the fabric of society. I think most people don’t realize how powerful the changes coming this decade will be.
Hello Peter, glad to join the conversation (once again). Many thanks to engage with the crowd despite your packed schedule. Thanks a lot, and best regards Ralf. Ralf, great to hear from you. thank you for all of your continued help promoting my work! You are awesome. Marissa sends here best.
We have just started a science art prize to encourage scientists in the nano- and bio-tech field (as this is strong here in Dresden) in order to give scientists a way to express their research findings in new, and disruptive ways while working together with an artist on a project. My question: what advice do you have to accelerate the process of engagement of scientists & artists to bring innovations to the public (through a new vehicle: art)? I think the XPRIZE is my solution to your question... Also XPRIZE is working on a new platform called HeroX to help take what XPRIZE does to massive scale.
IPhone or Droid? What app can't you live without? For me, the answer is Android. While I love the design and beauty of the iPhone, I am very much an “open source kind of guy.” I think in the final result open source will trump any closed ecosystem and I think ultimately android will outpace and outstrip anything that the apple universe can create. Regarding apps I can’t live without, I probably would have to answer my navigation applications since my personal ability to navigate is limited to up and down! I have zero sense of direction. And in a world of Google maps, I appear to be much smarter than I actually am.
If you could magically solve one problem with the Ocean tomorrow, what would it be and why? I think there are two problems that I’m concerned about – one is acidification, which is why we launched the Wendy Schmidt Ocean Health XPRIZE, and the second is the depletion of various large fish from our oceans. I am a scuba diver and I love exploring the beauty of this magical underwater world, and the notion that my kids will not have access to that beauty concerns me greatly. I think that awareness, access to real measureable data and the intelligent use of technology is the lever we have to make a difference and we at the XPRIZE intend to use this to solve these problems to the greatest degree we can.
What field needs to be disrupted next? I think the world of healthcare and education are massively ripe for disruption and if left on their own will collapse. But I hope through the work at the XPRIZE and Singularity University, we can accelerate this process. My dad recently went through our healthcare system and it scared the living daylights out of me. How could it be so bad? How can it be so confusing? How can it be so impersonal? I think that technology and entrepreneurs will reinvent this field causing many of the large giants to become disrupted in this next decade. Also, because I have two toddlers at home, I think about how they will be educated, how they will learn. Again, I think that our current education system was designed for the last century and there are much better ways to enable our children to learn what is important in society today.
Are you preparing an XPRIZE realated to 3D printing? Great idea. I'd love to. I'm a huge of 3D (digital printing) but don't have an XPRIZE there. 3D is more a solution than a challenge. We've thought a Rapid Home contruction XPRIZE for post disaster or poor nations.. 3Dp could play a role here.
Loved your book Abundance. Really put the my mind in the state that it needs to be to make big things happen. In the next 3-5 years, what is one project you would like to see XPRIZE go after? Thank you. In the next 3 - 5 years we're doing a lot of fun and important prizes. I want to disrupt our educatoin system and healthcare system for one. They are both massively broken and need revitalization. I would love to do an Earthquake predicition xprize and an organogensis xprize.
Hey Peter, thx for doing the AMA! My question: How can we organize economy in a world in which machines do all the work and how can we avoid people degenerating to stupid and bored individuals without a purpose in this world?! The first part is going to look more like star trek. I think the second part is going to result as we merge with technology and increase our congnitive and physical ability.
Peter, you've obviously thought a lot about various global issues facing us throughout the years. So what is humanity's grandest challenge? Ultimately I think humanity’s grandest challenge is the transformation we’re going to undergo over the next 30 years as technology begins to transform how we live every aspect of our life, what it means to be human and even the very nature of the fabric of society. I don’t know what the answer is, but we’re going to begin to co-evolve with technology in some unique fashions which will scare a lot of people but also relieve a lot of suffering. So our grandest challenge is the evolutionary process that we are now entering that will accelerate over the next three decades.
What are the advantages of a privatized future-tech industry, as opposed to gov't funded? Like SpaceX vs NASA.. Seems that if the US gov't is going to pay for the ships to get to the ISS through a contract with SpaceX, wouldn't it be more economical (in the long run) to just invest more in its own space-agency? Government is not about efficiency. Private industry is. Ultimately government (NASA) should be more like DAPRA, setting goals, prizes, etc and incentivizing private industry to do it faster, cheaper and better.
Last updated: 2013-10-21 18:17 UTC
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submitted by tabledresser to tabled [link] [comments]

Greed is NOT Good

The rapid rise in BitCoin "value" and the creation of more than a few speculative "millionaires" only demonstrates to me that we are still far from taming the human desire to play "haves" vs "have nots".
Equally annoying - I've read some opinions that those that "bought into" BitCoin early deserve millions.
Deserve...deserve...
Deserve is a strange choice of words. Especially because these sentiments often come from the same folks who hate(envy) those that "bought into" the Wall Street/Fed racket before 2008. Or those that "bought into" the housing boom early. Did my neighbor deserve to make 400,000 dollars in 2005 for simply buying a home in 2000?
BitCoin is making new highs every day - average hard working people who have not even heard of it yet (yes, they are still out there because there are too busy with their work or projects to notice financial news) will soon wake up and panic when they see this ship is taking off and they better do anything they can to get on - or miss it altogether. Just like the housing boom. They will lose time, effort, and resources out of fear of being left behind.
We are better than this. Aren't we tired of playing this same ol' game over and over?
We don't need a cryptocurrency to move into the future. Our goal as a species should be to move away from "money" altogether. We are better than this "get rich by holding onto something rare" mentality. We are so close to the Age of Abundance (Peter Diamandis), let's not squander this decade by building huge digital fortresses to protect our BitCoins - and then train cyber armies to pillage them.
Also, if BitCoin plays out the way many think - and if each coin is "worth" a billion or trillion dollars - do you think that the "powers that be" in today's economy will just happily give up their wealth? No, it will be a new Game of Thrones. This will eventually lead to panic, violence, and perhaps warfare. Not virtual warfare - real warfare. Already tremendous talent is being wasted to steal wallets and to hack exchanges instead folding proteins, extending lifespans, or improving battery efficiency. We're repeating the intellectual waste of the "quants" on Wall Street.
If you have extra "money" - instead of investing in gold, oil, BitCoin, or any other resource which has "value" only because it is limited - invest in companies and projects that are truly changing the world for the better. Not because it will make you rich - because it will feed the poorest of us, reverse environmental damage, and cure diseases.
Instead of using your computer to mine BitCoins - donate that processing time to science.
It seems that all we have done these past few weeks is to perpetuate greed. We've only shown the world that we (the tech-minded professionals as many of us on reddit are) are no better than the Robber Barons and Wall Street suits. It appears that instead of valiantly developing a Singularity outcome - we're pettily funneling a BitCoin income. We're playing the very game we were hoping to eliminate.
(mock Gekko speech) "The point is, ladies and gentleman, that greed -- for lack of a better word-- is NOT good.
Greed never works.
Greed corrupts, cuts down, and holds back our evolutionary spirit.
Greed, in all of its forms -- greed for resources, for money (BitCoin), for ideology, security -- has marked just about every war and tragedy of mankind.
And greed -- you mark my words -- can only slow progress from here, and will create more hurdles to technological breakthroughs than remove them."
Folks, there's already enough "money" out there in circulation to fund the projects we need to evolve our species to the next level. Let's pool our talents and resources to move closer to THAT goal - and not waste it meandering in the Wilderness, worshiping the new BitCoin calf.
submitted by Roh234 to whowillbuildtheroads [link] [comments]

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Bitcoin wallets facilitate sending and receiving Bitcoins and gives ownership of the Bitcoin balance to the user. The Bitcoin wallet comes in many forms; desktop, mobile, web and hardware are the four main types of wallets. A Bitcoin address is a single-use token. Diamandis is also an engineer and physician with Harvard training. -handed cryptocurrency content curation creators from christened community contributors who focus on delivering today's bitcoin news, cryptoasset user guides and latest blockchain updates. Latest News. Diamandis, who co-founded the XPrize and the Singularity University, believes that Bitcoin is a disruptive technology poised to have a big impact. “At its core, bitcoin is a smart currency, designed by very forward-thinking engineers,” he wrote in Forbes in June 2014. “It eliminates the need for banks, gets rid of credit card fees Bitcoin is divisible down to 8 decimal places, or 0.00000001 BTC. You can buy things with bitcoin, sell things for bitcoin, and exchange bitcoin for other currencies (and vice versa). You can also “mine” it, but we’ll get into that later . At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. Bitcoin | News, Tips, and Insights | Tech Blog - Peter Diamandis Read Peter's new tips, trends, and insights on exponential technologies & organizations, brain-computer interface, moonshot, and more here.

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The US Just Made THE LARGEST PURCHASE of Bitcoin Miners in History! Cryptocurrency News Online 2020

Bitcoin Analysis, Top bitcoin analysis, price prediction, Bitcoin Trading, Bitcoin 2018, Bitcoin Crash, Bitcoin Moon, Bitcoin News, Bitcoin Today, Best Bitcoin Analysis, Bitcoin price, Bitcoin to ... BITCOIN SETUP FOR HUUUGE BULL RALLY?!! 💰Crypto Analysis TA Today & BTC Cryptocurrency Price News Now - Duration: 13:38. Crypto Kirby Trading 13,976 views 13:38 Bitcoin The Only Thing More Bullish Than Going Up... July 2020 Price Prediction & News Analysis - Duration: 38:23. Krown's Crypto Cave 6,739 views Bitcoin news today - Bitcoin News today will help you to figure out what is happening right now 5 hours ago - Bitcoin News is the world's premier 24/7 news feed covering everything bitcoin-related ... And, as bitcoin options just expired, we bring YOU the best Bitcoin news in the US in 2020! Watch the whole video. New Bitcoin Mining Machines Hit US As Major Firm Inks Deal With Bitmain

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