Lifeboat Foundation

Investors know that most startups fail, but something that may be less understood is how few mobile apps actually make money. According to a new analysis of the subscription app economy from mobile subscription toolkit provider RevenueCat, the top 5% of apps generate 200 times the revenue of the bottom quartile after their first year, while the median monthly revenue an app generates after 12 months is less than $50 USD.

The “State of Subscription Apps” report offers a bird’s-eye view into the subscription app universe, as RevenueCat has nearly 30,000 apps using its platform’s tools to manage their monetization. Outside of Apple and Google, that makes RevenueCat the largest collection of subscription app developers on one platform.

This report specifically looks at data from over 29,000 apps and over 18,000 developers who collectively generate over $6.7 billion in tracked revenue and have over 290 million subscribers.

At the brink of a new phase of the industrial revolution, the Navigating the Industrial Metaverse: A Blueprint for Future Innovations report draws on insights from over 150 experts, advocating for a responsible approach to metaverse innovation that balances economic growth with sustainability and human-centric values.

When will AI match and surpass human capability? In short, when will we have AGI, or artificial general intelligence… the kind of intelligence that should teach itself and grow itself to vastly larger intellect than an individual human?

According to Ben Goertzel, CEO of SingularityNet, that time is very close: only 3 to 8 years away. In this TechFirst, I chat with Ben as we approach the Beneficial AGI conference in Panama City, Panama.

Continue reading “AGI in 3 to 8 years” »

and this means humans will use brain computer interface to transact, but where will the AGI’s economy take shape, and how will you take part?

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Continue reading “Artificial intelligence will use cryptocurrency to transform human society” »

The downscaling of electronic devices, such as transistors, has reached a plateau, posing challenges for semiconductor fabrication. However, a research team led by materials scientists from City University of Hong Kong (CityU) recently discovered a new strategy for developing highly versatile electronics with outstanding performance using transistors made of mixed-dimensional nanowires and nanoflakes.

This innovation paves the way for simplified chip circuit design, offering versatility and low power dissipation in future electronics. The findings, titled “Multifunctional anti-ambipolar electronics enabled by mixed-dimensional 1D GaAsSb/2D MoS₂ heterotransistors,” were published in the journal Device.

In recent decades, as the continuous scaling of transistors and integrated circuits has started to reach physical and economic limits, fabricating semiconductor devices in a controllable and cost-effective manner has become challenging. Further scaling of transistor size increases current leakage and thus power dissipation. Complex wiring networks also have an adverse impact on power consumption.

Star Trek is the most popular and longest running Sci-Fi franchise in American history. Created by Gene Roddenberry, Star Trek follows the various crew of Starfleet in their missions across the galaxy.

This presentation showcases the inspiration behind Star Trek, how the Federation came to be, examines the post-scarcity economy featured in their future Earth society, and explores the philosophies of all of the major alien cultures shown throughout the Star Trek series.

Continue reading “The Philosophy of Star Trek [Federation, Post Scarcity Economy, Alien Cultures]” »

The most popular words of 2023 were recently released, with AI Large Language Model (LLM) unquestionably topping the list. As a front-runner, ChatGPT also emerged as one of the international buzzwords of the year. These disruptive innovations in AI owe much to big data, which has played a pivotal role. Yet, AI has simultaneously presented new opportunities and challenges to the development of big data.

High-capacity data storage is indispensable in today’s digital economy. However, major storage devices like hard disk drives and semiconductor flash devices face limitations in terms of cost-effectiveness, durability, and longevity.

Optical data storage offers a promising green solution for cost-effective and long-term data storage. Nonetheless, optical data storage encounters a fundamental limitation in the spacing of adjacent recorded features, owing to the optical diffraction limit. This physical constraint not only impedes the further development of direct laser writing machines but also affects optical microscopy and storage technology.

A chemical etching method for widening the pores of metal-organic frameworks (MOFs) could improve various applications of MOFs, including in fuel cells and as catalysts. Researchers at Nagoya University in Japan and East China Normal University in China developed the new method with collaborators elsewhere in Japan, Australia, and China, and their work was published in the Journal of the American Chemical Society.

MOFs are porous materials composed of metal clusters or ions interconnected by carbon-based (organic) linker groups. Varying the metallic and organic components generates a variety of MOFs suitable for a wide range of applications, including catalysis, chemical separation, and gas storage.

Some MOFs have clear potential for catalyzing the chemical reactions inside fuel cells, which are being explored as the basis of renewable energy systems. Because they don’t use fossil fuels, fuel cells could play a key role in the transition to a low-or zero-emissions economy to combat climate change.

Back in 2007, statistician Nassim Nicholas Taleb described a “Black Swan” as an occurrence that “is an outlier,” meaning it deviates from accepted wisdom. Accordingly, black swans are unanticipated, and uncommon, and can result from geopolitical, economic, or other unanticipated occurrences.

Because of major advances in computing, we can now anticipate, and, with applied risk management, help contain what was described as Black Swan events. So, in effect, with predictive analytical capabilities enabled by artificial intelligence, most Black Swans have now morphed into what is now termed Grey Swan events.

An industry leader in the insurance sector, Aon, defines Black Swan events as unexpected, unanticipated shocks. They depict unexpected but predicted surprises that are known as “Grey Swan events.” Similar to Black Swans, they can have a profound effect.