Lifeboat Foundation

Quoted: “Tony Williams, the founder of the British-based legal consulting firm, said that law firms will see nearly all their process work handled by artificial intelligence robots. The robotic undertaking will revolutionize the industry, “completely upending the traditional associate leverage model.” And: “The report predicts that the artificial intelligence technology will replace all the work involving processing information, along with a wide variety of overturned policies.”

Read the article here > https://hacked.com/legal-consulting-firm-believes-artificial…yers-2030/

by Frederic Lardinois — TechCrunch

Designing a good-looking website has never been easy, and while many services promise to let you build a site without ever having to touch any code, you quickly reach their limits if you want to have a more advanced site. The Grid, which is launching its crowdfunding campaign today, promises to do away with all of this. Instead of designing your site pixel by pixel yourself, The Grid team wants to use artificial intelligence to design your site based on your content and goals (more followers, more customers, higher sales, etc.).

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Quoted: “If you understand the core innovations around the blockchain idea, you’ll realize that the technology concept behind it is similar to that of a database, except that the way you interact with that database is very different.

The blockchain concept represents a paradigm shift in how software engineers will write software applications in the future, and it is one of the key concepts behind the Bitcoin revolution that need to be well understood. In this post, I’d like to explain 5 of these concepts, and how they interrelate to one another in the context of this new computing paradigm that is unravelling in front of us. They are: the blockchain, decentralized consensus, trusted computing, smart contracts and proof of work / stake. This computing paradigm is important, because it is a catalyst for the creation of decentralized applications, a next-step evolution from distributed computing architectural constructs.

Read the article here > http://startupmanagement.org/2014/12/27/the-blockchain-is-th…verything/

Quoted: “Ethereum will also be a decentralised exchange system, but with one big distinction. While Bitcoin allows transactions, Ethereum aims to offer a system by which arbitrary messages can be passed to the blockchain. More to the point, these messages can contain code, written in a Turing-complete scripting language native to Ethereum. In simple terms, Ethereum claims to allow users to write entire programs and have the blockchain execute them on the creator’s behalf. Crucially, Turing-completeness means that in theory any program that could be made to run on a computer should run in Ethereum.” And, quoted: “As a more concrete use-case, Ethereum could be utilised to create smart contracts, pieces of code that once deployed become autonomous agents in their own right, executing pre-programmed instructions. An example could be escrow services, which automatically release funds to a seller once a buyer verifies that they have received the agreed products.”

Read Part One of this Series here » Ethereum — Bitcoin 2.0? And, What Is Ethereum.

Read Part Two of this Series here » Ethereum — Opportunities and Challenges.

Read Part Three of this Series here » Ethereum — A Summary.

Preamble: Bitcoin 1.0 is currency — the deployment of cryptocurrencies in applications related to cash such as currency transfer, remittance, and digital payment systems. Bitcoin 2.0 is contracts — the whole slate of economic, market, and financial applications using the blockchain that are more extensive than simple cash transactions like stocks, bonds, futures, loans, mortgages, titles, smart property, and smart contracts

Bitcoin 3.0 is blockchain applications beyond currency, finance, and markets, particularly in the areas of government, health, science, literacy, culture, and art.

Read the article here » http://ieet.org/index.php/IEET/more/swan20141110

Richard Branson, Success, Unpreparedness, Failure, and Death!

The Largest God of Entrepreneurial Success, “knighted by the English Crown,” wanted to teach us that the Power of Simplicity with Boldness is sufficient to defeat the Science of Complexity and a most-unprepared à –la-Sir-Francis-Drake company called: “Virgin Galactic.”

Continue reading “Richard Branson, Success, Unpreparedness, Failure, and Death!” »

By Chris Baraniuk — BBC Future

The internet is one big experiment, and you’re part of it. Every day, millions of trials are manipulating what you see when you browse online, to find out how to keep your attention, make you click more links – and spend more money. And these experiments are often secret. You’ll probably never know you were part of them.

This is all thanks to something now well-known in the tech industry, called A/B testing. It means that the web pages served to you are not necessarily the same as those shown to the next person – they might have slightly different colours, an alternate headline or, on social networks, you could be shown different personal information about your friends and family.

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By Klint Finley — Wired

When Google chief financial officer Patrick Pichette said the tech giant might bring 10 gigabits per second internet connections to American homes, it seemed like science fiction. That’s about 1,000 times faster than today’s home connections. But for NASA, it’s downright slow.

While the rest of us send data across the public internet, the space agency uses a shadow network called ESnet, short for Energy Science Network, a set of private pipes that has demonstrated cross-country data transfers of 91 gigabits per second–the fastest of its type ever reported.

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Kurzweil AI

University of Washington engineers have designed a clever new communication system called Wi-Fi backscatter that uses ambient radio frequency signals as a power source for battery-free devices (such as temperature sensors or wearable technology) and also reuses the existing Wi-Fi infrastructure to provide Internet connectivity for these devices.

“If Internet of Things devices are going to take off, we must provide connectivity to the potentially billions of battery-free devices that will be embedded in everyday objects,” said Shyam Gollakota, a UW assistant professor of computer science and engineering.

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