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Archive for the ‘law’ category: Page 56

Mar 5, 2020

Stanford’s AI Index Report: How Much Is BS?

Posted by in categories: economics, engineering, health, information science, law, mobile phones, robotics/AI, sustainability, transportation

Another important question is the extent to which continued increases in computational capacity are economically viable. The Stanford Index reports a 300,000-fold increase in capacity since 2012. But in the same month that the Report was issued, Jerome Pesenti, Facebook’s AI head, warned that “The rate of progress is not sustainable…If you look at top experiments, each year the cost is going up 10-fold. Right now, an experiment might be in seven figures but it’s not going to go to nine or 10 figures, it’s not possible, nobody can afford that.”

AI has feasted on low-hanging fruit, like search engines and board games. Now comes the hard part — distinguishing causal relationships from coincidences, making high-level decisions in the face of unfamiliar ambiguity, and matching the wisdom and commonsense that humans acquire by living in the real world. These are the capabilities that are needed in complex applications such as driverless vehicles, health care, accounting, law, and engineering.

Despite the hype, AI has had very little measurable effect on the economy. Yes, people spend a lot of time on social media and playing ultra-realistic video games. But does that boost or diminish productivity? Technology in general and AI in particular are supposed to be creating a new New Economy, where algorithms and robots do all our work for us, increasing productivity by unheard-of amounts. The reality has been the opposite. For decades, U.S. productivity grew by about 3% a year. Then, after 1970, it slowed to 1.5% a year, then 1%, now about 0.5%. Perhaps we are spending too much time on our smartphones.

Feb 24, 2020

Lockheed to obtain Vector satellite assets

Posted by in categories: law, satellites

WASHINGTON — Lockheed Martin will acquire the satellite technology assets of Vector by default after a bankruptcy court received no qualified bids by a deadline last week.

In a Feb. 24 filing in the United States Bankruptcy Court for the District of Delaware, lawyers overseeing the bankruptcy proceedings for Vector said that they received no qualifying bids for the company’s GalacticSky software-defined spacecraft technology by a Feb. 21 deadline.

As a result, Lockheed Martin, which provided debtor-in-possession financing when Vector filed for Chapter 11 bankruptcy in December, will obtain the assets with a “stalking horse” bid of $4.25 million, according to the terms of a Jan. 24 filing. That deal will be finalized at a Feb. 28 court hearing.

Feb 22, 2020

Biotech firm Kymab in battle over ‘human mice’ secrets

Posted by in categories: biotech/medical, law

A Cambridge-based biotech company that is creating a colony of “human” mice is locked in a Tom and Jerry-style fight with a US pharmaceutical giant.

Kymab, which is backed by the Bill and Melinda Gates Foundation and counts fund manager Neil Woodford among its investors, is seeking permission to appeal to the Supreme Court in a row over patents. It follows a ruling by the Court of Appeal earlier this year that Kymab infringed a patent belonging to US company Regeneron. A previous judgment ruled that Regeneron’s patent was insufficient.

The legal tussle relates to Kymab’s “Kymouse” work, in which it manipulates the genome of mice. Kymab removes the genes that make antibodies in mice and replaces them with human antibody genes. This means that.

Feb 6, 2020

Who owns the coronavirus cure? China’s move to patent Gilead’s experimental drug for the novel virus could lead to legal wrangle

Posted by in categories: biotech/medical, law

China has applied to patent a drug candidate being developed by US biotechnology firm Gilead Sciences in its search for a cure for coronavirus infection. It could raise questions on intellectual property and marketing rights.

Jan 30, 2020

Consideration by the United Nations of a Declaration on Human Cloning for Therapeutic Reasons

Posted by in categories: biotech/medical, law

Progress must not be held back by the fearful and ignorant. Progress will be made with or without permission. New and useful technology will emerge to help humanity despite those that cannot understand how they might benefit. This is happening and will continue to happen as it has behind closed doors and in secret but it can be different. It can be well regulated, it can be well informed, and results can be more readily available for the purpose of doing great things by voting YES to Human Cloning for Therapeutic Reasons and showing support for Science.


We, the undersigned, urge the United Nations to establish a timetable for a declaration on human cloning for therapeutic reasons. As you are aware, the General Assembly of the United Nations adopted Resolution 59/280, containing the UN Declaration on Human Cloning, on 8 March 2005, by a recorded vote of 84 to 34, with 37 abstentions. The Declaration culminated an effort that had commenced in 2001 with a proposal by France and Germany for a convention against reproductive cloning of human beings. For three-and-a-half years a major confrontation took place at the United Nations between those states favouring a narrow ban limited to cloning for reproductive purposes, and those insisting on prohibiting all forms of human cloning, including for ‘therapeutic’ purposes.

Not only was the Declaration adopted by a vote, it was carried only by a plurality (84 states), not even a majority, of states members of the United Nations. Moreover, the text of the Declaration is ambiguous in terms of calling upon states both to adopt all necessary measures to protect adequately human life in the application of life sciences and to prohibit all forms of human cloning inasmuch as they are incompatible with human dignity and the protection of human life.

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Jan 28, 2020

DeLorean Comes Clean, Confirms Plan to Produce New DMC 12s

Posted by in categories: law, transportation

Among the hardest games to play, we find the waiting game. The lore of the DeLorean being produced once again has been floating around the watercooler for some time now. Most recently, rumors pointed to 2016 being the return of the DMC 12. However, due to changes in regulations, it would appear as if the revival wouldn’t exactly be legal. Let’s just say that low-volume auto manufacturers have some hurdles to jump over. These regulations would make the hurdles impossible for DeLorean.

That all changed.

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Jan 27, 2020

How To Live Forever — EPIC HOW TO

Posted by in categories: law, life extension

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People have been trying to live forever… well forever. Joe Bereta is here to tell you everything you need to know in order to live as long as humanly possible.

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Jan 25, 2020

SpaceX’s license to launch hundreds of internet satellites may have violated the law, experts say. Astronomers could sue the FCC

Posted by in categories: internet, law, satellites

SpaceX is planning a mega-constellation of thousands of internet satellites called Starlink. But the FCC didn’t perform an environmental review.

Jan 24, 2020

House Judiciary Committee Approves Bill To End Federal Marijuana Prohibition

Posted by in categories: biotech/medical, business, law

In a 24–10 vote, the House Judiciary Committee approved a bill that would effectively end marijuana prohibition on Wednesday. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019, or H.R. 3884, was introduced by House Judiciary Committee Chairman Jerrold Nadler (D-NY) and currently has 55 co-sponsors. This is the first time that a congressional committee has approved a bill to make cannabis legal. The MORE Act would federally decriminalize cannabis by removing it from the Controlled Substances Act, and would require the expungement of past federal cannabis convictions.

The bill would also establish a Cannabis Justice Office to administer a program to reinvest resources in the communities that have been most detrimentally impacted by prohibition, funded by a 5% tax on state-legal cannabis commerce.

Moreover, it will allow the Small Business Administration to provide loans and grants to cannabis-related businesses and support state and local equity licensing programs, and would permit doctors within the Veterans Affairs system to recommend medical cannabis to patients in accordance with applicable state laws.

Jan 23, 2020

Police in Australia accuse 24 of deliberately setting bushfires amid natural factors

Posted by in category: law

The Australia wildfires are a countrywide catastrophe, mainly caused by drought and extreme heat, but dozens of people are directly to blame for some of the problem, officials say.

Police have charged at least 24 people for intentionally starting bushfires in the state of New South Wales, according to a statement the New South Wales Police released Monday.

NSW Police have taken legal action against 183 people, 40 of whom are juveniles, for fire-related offenses since November 8, the statement said. The legal actions range from cautions to criminal charges.

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