Lifeboat Foundation

If it were up to Larry Ellison, the exorbitantly rich cofounder of software outfit Oracle, all of us will soon be smiling for the camera — constantly. Not for a cheery photograph, but to appease our super-invasive, if not totally omnipresent, algorithmic overseers.

As Business Insider reports, the tech centibillionaire glibly predicts that the wonders of AI will bring about a new paradigm of supercharged surveillance, guaranteeing that the proles — excuse us, “citizens” — all behave and stay in line.

“We’re going to have supervision,” Ellison said this week at an Oracle financial analysts meeting, per BI. “Every police officer is going to be supervised at all times, and if there’s a problem, AI will report that problem and report it to the appropriate person.”

At Impactsure Technologies, we’ve helped clients of banks generate guarantees and contracts through preapproved clauses in a matter of a few seconds without the need to go through a complex process of vetting that would have otherwise taken many days. It not only enhances the customer experience but also makes it easier to manage the processes efficiently. The clients are able to manage their contracts well, manage the content, ensure appropriate vetting and scrutiny are done effectively, manage the timelines, and incorporate the electronic signing options in a seamless way.

As contract management complexities continue to increase in the banking and enterprise sectors, the adoption of GenAI emerges as strategically crucial for organizations seeking to enhance operational efficiency, mitigate risks and maintain regulatory compliance. By harnessing the power of AI-driven automation, banks and enterprises can streamline contract processes, optimize resource utilization and confidently navigate the complicated legal landscape.

A combination of GenAI, NLP and ML represents a paradigm shift in contract management, empowering banks and enterprises to easily manage the complexities of the modern business environment with agility and resilience. By embracing AI-driven solutions, organizations can unlock new opportunities for growth, innovation and sustainable success in an increasingly competitive and rapidly evolving environment.

82K likes, — tradedvc on October 13, 2024: Elon musk’s @spacex caught a 19 story tall rocket booster in mid air.

Credit: Shaun Maguire — X

WASHINGTON — A startup led by a founder of a financial services company is taking a new approach to space-based solar power intended to be more scalable and affordable than previous concepts.

Aetherflux announced Oct. 9 plans to develop and ultimately deploy a constellation of satellites in low Earth orbit that will collect solar power and beam it to Earth using infrared lasers. The company is planning to demonstrate this technology with a small satellite launching by early 2026.

The concept is a departure from many previous concepts for space-based solar power (SBSP), which have involved large arrays in geostationary orbit. Those systems would transmit their power using microwaves to large rectennas on the ground. Such concepts have been studied for more than half a century but have not advanced beyond the drawing board.

“What the FBI uncovered in this case is essentially a new twist to old-school financial crime,” Jodi Cohen, the special agent in charge of the FBI’s Boston division, said in a statement. “What we uncovered has resulted in charges against the leadership of four cryptocurrency companies, and four crypto ‘market makers’ and their employees who are accused of spearheading a sophisticated trading scheme that allegedly bilked honest investors out of millions of dollars.”

Liu Zhou, a “market maker” working with MyTrade MM, allegedly told promoters of NexFundAI that MyTrade MM was better than its competitors because they “control the pump and dump” allowing them to “do inside trading easily.”

An FBI spokesperson told CoinDesk that there was limited trading activity on the coin but didn’t share additional information. On a Wednesday press call, Joshua Levy, the acting US attorney for the District of Massachusetts, said trading on the token was disabled, according to CoinDesk.

Quantum AI, the fusion of quantum computing and artificial intelligence, is poised to revolutionize industries from finance to healthcare.

Billionaires are backing top scientists racing to develop tech that could reverse aging. Cellular reprogramming promises to rejuvenate the body… but how does it work, and is it safe?

00:00 – Introduction.
00:55 – The Role Of Stem Cells.
02:33 – What Is Aging?
03:24 – What Is Cellular Reprogramming?
03:56 – How The Yamanaka Factors Can Rejuvenate Cells.
05:35 – Why Scientists Want To Partially Reprogram Cells.
06:28 – How Humans Could Become More Resilient To Age-Related Diseases.
07:00 – How Johnny Huard Uses Cellular Reprogramming.
08:10 – How Cellular Reprogramming Could Shape The Future.
08:38 – Amazon’s Jeff Bezos Is Investing Billions With Altos Labs.
09:02 – How Harvard Professor David Sinclair Used Cellular Reprogramming on Mice.
10:07 – ChatGPT’s Sam Altman Launched Retro. Biosciences.
10:57 – The Risks of Cellular Reprogramming, Including Cancer.
12:56 – How the Tech World Is Investing In Biotech.
13:50 – Credits.

Continue reading “Scientists Are Closer Than Ever To Reverse Aging. How Does It Work? | Life Extended” »

Organizations are losing between $94 — $186 billion annually to vulnerable or insecure APIs (Application Programming Interfaces) and automated abuse by bots. That’s according to The Economic Impact of API and Bot Attacks report from Imperva, a Thales company. The report highlights that these security threats account for up to 11.8% of global cyber events and losses, emphasizing the escalating risks they pose to businesses worldwide.

Drawing on a comprehensive study conducted by the Marsh McLennan Cyber Risk Intelligence Center, the report analyzes over 161,000 unique cybersecurity incidents. The findings demonstrate a concerning trend: the threats posed by vulnerable or insecure APIs and automated abuse by bots are increasingly interconnected and prevalent. Imperva warns that failing to address security risks associated with these threats could lead to substantial financial and reputational damage.

In collaboration with the National Museums of Kenya and with financial contributions from the British Council Cultural Protection Fund, ICCROM is engaged in a community-centred project focused on the long-term preservation of fossil footprints that date back to approximately 1.5 million years ago. The fossil was found in Ileret, a village on the northeastern shore of Lake Turkana, Kenya.