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Archive for the ‘economics’ category: Page 177

Feb 11, 2017

Value Conflicts surrounding the Meaning of Life in the Trans/Post/Human Future

Posted by in categories: biological, cryonics, cyborgs, economics, environmental, ethics, futurism, governance, health, homo sapiens, law, mobile phones, policy, posthumanism, security, theory, transhumanism

Posthumanists and perhaps especially transhumanists tend to downplay the value conflicts that are likely to emerge in the wake of a rapidly changing technoscientific landscape. What follows are six questions and scenarios that are designed to focus thinking by drawing together several tendencies that are not normally related to each other but which nevertheless provide the basis for future value conflicts.

  1. Will ecological thinking eventuate in an instrumentalization of life? Generally speaking, biology – especially when a nervous system is involved — is more energy efficient when it comes to storing, accessing and processing information than even the best silicon-based computers. While we still don’t quite know why this is the case, we are nevertheless acquiring greater powers of ‘informing’ biological processes through strategic interventions, ranging from correcting ‘genetic errors’ to growing purpose-made organs, including neurons, from stem-cells. In that case, might we not ‘grow’ some organs to function in largely the same capacity as silicon-based computers – especially if it helps to reduce the overall burden that human activity places on the planet? (E.g. the brains in the vats in the film The Minority Report which engage in the precognition of crime.) In other words, this new ‘instrumentalization of life’ may be the most environmentally friendly way to prolong our own survival. But is this a good enough reason? Would these specially created organic thought-beings require legal protection or even rights? The environmental movement has been, generally speaking, against the multiplication of artificial life forms (e.g. the controversies surrounding genetically modified organisms), but in this scenario these life forms would potentially provide a means to achieve ecologically friendly goals.

  1. Will concerns for social justice force us to enhance animals? We are becoming more capable of recognizing and decoding animal thoughts and feelings, a fact which has helped to bolster those concerned with animal welfare, not to mention ‘animal rights’. At the same time, we are also developing prosthetic devices (of the sort already worn by Steven Hawking) which can enhance the powers of disabled humans so their thoughts and feelings are can be communicated to a wider audience and hence enable them to participate in society more effectively. Might we not wish to apply similar prosthetics to animals – and perhaps even ourselves — in order to facilitate the transaction of thoughts and feelings between humans and animals? This proposal might aim ultimately to secure some mutually agreeable ‘social contract’, whereby animals are incorporated more explicitly in the human life-world — not as merely wards but as something closer to citizens. (See, e.g., Donaldson and Kymlicka’s Zoopolis.) However, would this set of policy initiatives constitute a violation of the animals’ species integrity and simply be a more insidious form of human domination?

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Feb 11, 2017

A Billionaire Is Helping Fund a Massive Universal Basic Income Project

Posted by in category: economics

The biggest UBI trial to date just received a major investment.

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Feb 10, 2017

The AI Threat Isn’t Skynet. It’s the End of the Middle Class

Posted by in categories: economics, robotics/AI

The world’s top AI researchers met to consider the threats posed by their research. The global economy could be the first casualty.

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Feb 8, 2017

French Polynesia signs agreement for Floating Island Project

Posted by in categories: economics, governance, government, law

The French Polynesian government, earlier this year, officially signed an agreement with The Seasteading Institute to cooperate on creating legal framework to allow for the development of The Floating Island Project. The legislation will give the Floating Island Project it’s own “special governing framework” creating an “innovative special economic zone”.

French Polynesia signs agreement for Floating Island Project

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Feb 7, 2017

Blockchain Scalability: Proof-of-Work vs BFT Replication

Posted by in categories: bitcoin, computing, cryptocurrencies, disruptive technology, economics, innovation

Research can seem bland to us laypersons. But, Marko Vukolić shares many of my research interests and he exceeds my academic credentials (with just enough overlap for me to understand his work). So, in my opinion, his writing is anything but bland…

Vukolić started his career as a post-doc intern at IBM in Zurich Switzerland. After a teaching stint as assistant professor at Eurecom and visiting professor at ETH Zurich, he rejoined the IBM research staff in both cloud computing infrastructure and the Blockchain Group.*

As a researcher and academic, Vukolić is a rising star in consensus-based mechanisms and low latency replicated state machines. At Institut Mines-Télécom in Paris, he wrote papers and participated in research projects on fault tolerance, scalability, cloud computing and distributed trust mechanisms.

Now, at IBM Zurich, Vukolić has published a superior analysis addressing the first and biggest elephant in the Bitcoin ballroom, Each elephant addresses an urgent need:

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Feb 3, 2017

After Robots Take Our Jobs, What Will We Buy in a Society Without Money?

Posted by in categories: economics, employment, robotics/AI

After labor, not all of us will want to explore inner consciousness. Abundant leisure will not turn everyone into the Buddha. Many of our tastes are in the gutter, and I have no objection to leaving them there. I’m not a fan of shopping per se, but buying stuff is deeply satisfying and motivating for many people. Is it possible to rethink the pleasure of conspicuous consumption in a way that decouples it from the competitive labor economy? The post-work world I’m imagining will have little surplus money for unnecessary shopping, even if robots and computers can dramatically lower the overhead of such production. So, a non-consummatory form of shopping will have to be cultivated.

Some people marshal all their evolved predatory skills to hunt down the perfect sweater, shoes, or watch. Could we redesign shopping as a system of “catch-and-release,” so that, like sport fishing, it’s the adventure and not the prize that becomes central? Maybe we will hunt for luxury items, but then instead of keeping them, simply photograph ourselves wearing the items (like a fisherman holding a giant pike). It’s an unlikely adjustment, I’ll grant you, but I never thought catch-and-release fishing would be fun until I did it, and it was. The way some people already buy and return items suggests to me that catch-and-release shopping is not impossible.

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Feb 2, 2017

Getting your First Bitcoin; Choosing a Wallet

Posted by in categories: bitcoin, cryptocurrencies, economics, internet

There are at least four ways to acquire Bitcoin and three ways to store it…


Acquire Bitcoin: You can trade Bitcoin in person, accept it as a vendor, mine it, or buy on an exchange.

Store Bitcoin: You can keep your Bitcoin in an online/cloud service (typically, one that is connected to your exchange account), keep it on your own PC or phone, or even print it out and store it on a piece of paper. Like a physical coin, the piece of paper has value. It can be placed in your lock box or under your mattress.

Let’s look at the market for Bitcoin Wallets (all of these are free), and then we shall talk about Bitcoin exchange services. This includes my personal recommendation for the typical consumer or coin enthusiast…

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Jan 31, 2017

When the Mother of Invention Is a Machine, Who Gets Credit?

Posted by in categories: computing, economics, food, policy

What do the Oral-B CrossAction toothbrush, about a thousand musical compositions and even a few recent food recipes all have in common?

They were invented by computers, but you won’t find a nonhuman credited with any of these creations on U.S. patents. One patent attorney would like to see that changed.

Ryan Abbott is petitioning to address what he sees as more than a quirk in current laws but a fundamental flaw in policy that could have wide-ranging implications in areas of patent jurisprudence, economics and beyond if his proposals are adopted.

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Jan 26, 2017

How Automation is Going to Redefine What it Means to Work

Posted by in categories: economics, robotics/AI

In Brief The time for machines to take over most of humanity’s work is rapidly approaching. The world is woefully unprepared to deal with the implications that automation will have over the coming decades. Universal basic income is just beginning to be discussed, and automation has the potential to displace much of the world’s workforce. Many decisions have to be made, and quickly, if we hope to keep pace with innovation.

On December 2nd, 1942, a team of scientists led by Enrico Fermi came back from lunch and watched as humanity created the first self-sustaining nuclear reaction inside a pile of bricks and wood underneath a football field at the University of Chicago. Known to history as Chicago Pile-1, it was celebrated in silence with a single bottle of Chianti, for those who were there understood exactly what it meant for humankind, without any need for words.

Now, something new has occurred that, again, quietly changed the world forever. Like a whispered word in a foreign language, it was quiet in that you may have heard it, but its full meaning may not have been comprehended. However, it’s vital we understand this new language, and what it’s increasingly telling us, for the ramifications are set to alter everything we take for granted about the way our globalized economy functions, and the ways in which we as humans exist within it.

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Jan 23, 2017

Energy is the new new internet

Posted by in categories: economics, energy, internet

If you’re not paying attention to what’s going on in energy, you should. We’ve seen this movie before. Spoiler alert: There’s massive economic opportunity ahead. How massive? Imagine standing in 1992, knowing that Google, Akamai, Netflix, Facebook, Amazon, eBay, BuzzFeed and Uber lay ahead.

This time it’s the “enernet,” not the internet, that will transform our lives. The story is the same, though the players have changed.

Here’s the tee up. Across the country, incumbent network providers operate highly centralized networks in their respective cities. Then, scrappy local outfits start serving the market with innovative, distributed technology. These startups create competition, and a new network emerges atop the legacy network.

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