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How quantum computation will be a goldmine for the financial world

This article just posted today. Great news; the author did reference the risks that we face with our information, etc. as it relates with countries like Russia and China who are investing in Quantum.


The impact of quantum computation on the financial markets will be direct and swift, and introduces new highs and new lows, opening a playing field of near limitless potential.

Posted by Ben Rossi.

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Quantum Computing – things that need to be considered for our future Quantum Computing World

Sharing my recent posting that I did on Linkedin Pulse. I will admit that I purposely delayed this article in concerns of creating a panic; however, with the progress that has been occuring across the globe and in some cases accelerated the maturity of this technology; I believe it is time for governments, industries, etc. to start thinking about their own broader strategic plans around Quantum as well as how they will address any impacts.


Quantum Computing is making great progress in so many areas such as chips, network/ Internet, etc. each month. And, many industries such as financials, telecom, tech, and public sector namely defense and space, etc. have made big investments in this technology as well as have developed some interesting partnerships such as Wall Street. Everything looks so promising and exciting for our future when we look at the various ways how Quantum Computing can change our lives around AI, improving the medical technologies, how we interact with devices (wearables, VR, etc.), and even how we travel will advance through this technology. The future looks extremely rosy and bright; right?.

I believe it can be with Quantum; however, in every major shift/ disruption in technology, there is always a transformation progression that has to naturally occur thru stages. And, Quantum is no different; however, the disruption that Quantum will bring is going to be on a much more massive scale than what we have seen in the past. The reason why is Quantum is truly going to impact and improve every area of technology not just in devices, or a platform, AI, VR, etc.; I mean everything in technology will be changed and improved by Quantum over time.

Granted this will not be like a major change overnight like we saw with the iPhone, etc. This initial change will occur over a series of years possibly over the next 7 to 10 years. As each country continues to accelerate in their own efforts to be a fully Quantumized; we need to understand where the potential risks exist and have a good plan for how we plan to address our own risks and challenges during and after this transformation.

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Inside OpenAI: Will Transparency Protect Us From Artificial Intelligence Run Amok?

Last Friday at the Neural Information and Processing Systems conference in Montreal, Canada, a team of artificial intelligence luminaries announced OpenAI, a non-profit company set to change the world of machine learning.

Backed by Tesla and Space X’s Elon Musk and Y Combinator’s Sam Altman, OpenAI has a hefty budget and even heftier goals. With a billion dollars in initial funding, OpenAI eschews the need for financial gains, allowing it to place itself on sky-high moral grounds.

artificial-general-intelligenceBy not having to answer to industry or academia, OpenAI hopes to focus not just on developing digital intelligence, but also guide research along an ethical route that, according to their inaugural blog post, “benefits humanity as a whole.”

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Report: artificial intelligence will cause “structural collapse” of law firms


Robots and artificial intelligence (AI) will dominate legal practice within 15 years, perhaps leading to the “structural collapse” of law firms, a report predicting the shape of the legal market has envisaged.

Civilisation 2030: The near future for law firms, by Jomati Consultants, foresees a world in which population growth is actually slowing, with “peak humanity” occurring as early as 2055, and ageing populations bringing a growth in demand for legal work on issues affecting older people.

This could mean more advice needed by healthcare and specialist construction companies on the building and financing of hospitals, and on pension investment businesses, as well as financial and regulatory work around the demographic changes to come; more age-related litigation, IP battles between pharmaceutical companies, and around so-called “geriatric-tech” related IP.

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Musk, others commit $1 billion to non-profit AI research company to ‘benefit humanity’

(credit: OpenAI)

Elon Musk and associates announced OpenAI, a non-profit AI research company, on Friday (Dec. 11), committing $1 billion toward their goal to “advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.”

The funding comes from a group of tech leaders including Musk, Reid Hoffman, Peter Thiel, and Amazon Web Services, but the venture expects to only spend “a tiny fraction of this in the next few years.”

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Can You Own Part of an Asteroid? How Asteroid Mining Is Changing Space Law

Coal miners mine coal; diamond miners mine diamonds; gold miners mine gold; space miners (will) mine space—and anything in it that has precious metals or compounds that can be whisked into rocket fuel. But, just like the first three kinds of “resource extraction,” the celestial kind will face more than a few philosophical, financial, and regulatory complications.

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Google makes ‘largest purchase’ of renewable energy to power data centers: 842 MW across 3 countries

Google says it wants to power 100% of its operations from renewable energy.


Google has announced a slew of renewable energy projects, as it moves to meet its commitment to power 100 percent of its business from green energy sources.

In what it calls the “largest, and most diverse, purchase of renewable energy ever made by a non-utility company,” Google said it has added 842 megawatts (MW) of renewable energy to its data centers, which nearly doubles the amount of clean energy it has already bought. Most of the renewable energy has been purchased for locations in the U.S., but Google said it has added more than 150 megawatts from a solar plant in Chile and a wind farm in Sweden.

When Google commits to long-term contracts to buy a certain amount of renewable energy, it effectively gives the giant energy companies, such as EDF, Duke, and RES Americas, the confidence and finances to pursue building new facilities.

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Veritasium Explores The Future of Energy — GE

Derek Muller of ‘Veritasium’ explores the impact of the Northeast blackout of 2003 and the innovations in energy that are essential to keeping the lights on. For more on the future of energy, check out Breakthrough’s ‘Energy on the Edge’ episode on the National Geographic Channel airing Sunday 11/29 at 9/8c.

Check Out Veritasium’s ‘How Long Will You Live’: http://bit.ly/21fLyDN

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