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Archive for the ‘economics’ category: Page 177

May 17, 2016

Roundup: Europe embarks on ambitious common plan to boost quantum technologies

Posted by in categories: economics, quantum physics

EU betting big on Quantum Technology.


The European Union (EU) aims to embark on an ambitious common strategy on quantum technologies, European Commissioner for digital economy and society Gunther Oettinger said here Tuesday.

At a conference which brought together some of the world’s leading experts in the field of quantum technology, European scientists and entrepreneurs launched a “Quantum Manifesto” laying out future priorities and activities to create a new “knowledge-based industrial ecosystem” in Europe.

“We aim to launch an ambitious large-scale flagship initiative to unlock the full potential of quantum technologies, accelerate their development, and bring commercial products to public and private users,” Oettinger told the conference.

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May 13, 2016

Germany Produced So Much Green Energy That Customers Actually Made Money

Posted by in categories: economics, energy, sustainability

Germany made so much renewable energy last weekend that customers actually made money.

Well you don’t see this every day…

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May 12, 2016

Recommendation Engines Yielding Stronger Predictions into Our Wants and Needs

Posted by in categories: computing, disruptive technology, economics, information science, innovation, internet, machine learning, software

If you’ve ever seen a “recommended item” on eBay or Amazon that was just what you were looking for (or maybe didn’t know you were looking for), it’s likely the suggestion was powered by a recommendation engine. In a recent interview, Co-founder of machine learning startup Delvv, Inc., Raefer Gabriel, said these applications for recommendation engines and collaborative filtering algorithms are just the beginning of a powerful and broad-reaching technology.

Raefer Gabriel, Delvv, Inc.

Raefer Gabriel, Delvv, Inc.

Gabriel noted that content discovery on services like Netflix, Pandora, and Spotify are most familiar to people because of the way they seem to “speak” to one’s preferences in movies, games, and music. Their relatively narrow focus of entertainment is a common thread that has made them successful as constrained domains. The challenge lies in developing recommendation engines for unbounded domains, like the internet, where there is more or less unlimited information.

“Some of the more unbounded domains, like web content, have struggled a little bit more to make good use of the technology that’s out there. Because there is so much unbounded information, it is hard to represent well, and to match well with other kinds of things people are considering,” Gabriel said. “Most of the collaborative filtering algorithms are built around some kind of matrix factorization technique and they definitely tend to work better if you bound the domain.”

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May 10, 2016

CoinFac Brings Quantum Computing Technology To Cryptocurrency Mining

Posted by in categories: bitcoin, cryptocurrencies, economics, information science, quantum physics, supercomputing

QC meets Blockchaining; nice.


CoinFac Limited, a technology company, has recently introduced the next generation quantum computing technology into cryptocurrency mining, allowing current Bitcoin and Altcoin miners to enjoy a 4,000 times speed increase.

Quantum computing is being perceived as the next generation of supercomputers capable of processing dense digital information and generating multi-sequential algorithmic solutions 100,000 times faster than conventional computers. With each quantum computing server costing at an exorbitant price tag of $5 Million — $10 Million, this revolutionary concoction comprising advanced technological servers with a new wave of currency systems, brings about the most uprising event in the cryptocurrency ecosystem.

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May 9, 2016

DOE opens funding opportunity for biofuels, bioproducts, biopower

Posted by in categories: climatology, economics, food, security, sustainability

Recognizing the importance of biofuels to energy and climate security, the U.S. Department of Energy has announced up to $90 million in project funding focused on designing, constructing and operating integrated biorefinery facilities. The production of biofuels from sustainable, non-food, domestic biomass resources is an important strategy to meet the Administration’s goals to reduce carbon emissions and our dependence on imported oil.

Project Development for Pilot and Demonstration Scale Manufacturing of Biofuels, Bioproducts, and Biopower is a funding opportunity meant to assist in the construction of bioenergy infrastructure to integrate cutting-edge pretreatment, process, and convergence technologies. Biorefineries are modeled after petroleum refineries, but use domestic biomass sources instead of crude oil, or other fossil fuels to produce biofuels, bioproducts, and biopower. They convert biomass feedstocks—the plant and algal materials used to derive fuels like ethanol, butanol, biodiesel and other hydrocarbon fuels—to another form of fuel or energy product. This funding will support efforts to improve and demonstrate processes that break down complex biomass feedstocks and convert them to gasoline, diesel and jet fuel, as well as plastics and chemicals.

“The domestic bio-industry could play an important part in the growing clean energy economy and in reducing American dependence on imported oil,” said Lynn Orr, DOE’s under secretary for science and energy. “This funding opportunity will support companies that are working to advance current technologies and help them overcome existing challenges in bioenergy so the industry can meet its full potential.”

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May 7, 2016

Can Bitcoin be defeated by legislation?

Posted by in categories: bitcoin, business, cryptocurrencies, economics, encryption, geopolitics, government, internet, policy

The question breaks down into two parts:

  1. For what public benefit? —and—
  2. No, it cannot be achieved in this way

Governments are in the business of regulating certain activities—hopefully in an effort to serve the public good. In the case of business methods and activities, their goal is to maintain an orderly marketplace; one that is fair, safe and conducive to economic growth.

But regulation that lacks a clear purpose or a reasonable detection and enforcement mechanism is folly. Such regulation risks making government seem arbitrary, punitive or ineffective.

QR Code_CRYPSA-001«— This is money. It is not a promissory note, a metaphor, an analogy or an abstract representation of money in some account. It is the money itself. Unlike your national currency, it does not require an underlying asset or redemption guarantee.

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May 6, 2016

Air Force wants swarms of small ‘kamikaze’ drones to defeat missiles

Posted by in categories: drones, economics, military, neuroscience, surveillance

Nice; let’s hope they hit the right target.


“I need a stealth bomber that’s going to get close, and then it’s going to drop a whole bunch of smalls – some are decoys, some are jammers, some are [intelligence, surveillance, and reconnaissance] looking for where the SAMs are. Some of them are kamikaze airplanes that are going to kamikaze into those SAMs, and they’re cheap. You have maybe 100 or 1,000 surface-to-air missiles, but we’re going to hit you with 10,000 smalls, not 10,000 MQ-9s. That’s why we want smalls.”

SAMs stands for “Surface-to-Air Missile,” and they’re one of the reasons that the Air Force has invested so much in stealth technology over the years: if a missile can’t see a plane, it can’t hit it. The problem is that the economics don’t quite work that way: it’s easier to make a new, better missile than it is to make an existing airplane even stealthier, and modern Air Force fighters serve for around 30 years each—longer if they’re bombers. Missiles are generally cheaper than airplanes, so anyone who wants to protect against aerial attack just needs to invest in a lot of missiles.

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May 6, 2016

Bitcoin Pundicy: A Lifeboat Perspective

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

Here in the Lifeboat Blog, I have the luxury of pontificating on existential, scientific and technical topics that beg for an audience—and sometimes—a pithy opinion. Regular Lifeboat readers know that I was recently named most viewed Bitcoin writer at Quora under a Nom de Plume.

Quora is not a typical Blog. It is an educational site. Questions and numerous answers form the basis of a crowd-sourced popularity contest. Readers can direct questions to specific experts or armchair analysts. A voting algorithm leads to the emergence of some very knowledgeable answers, even among laypersons and ‘armchair’ experts.

During the past few weeks, Quora readers asked me a litany of queries about Bitcoin and the blockchain, and so I am sharing selected Q&A here at Lifeboat. This is my professional field—and so, just as with Mr. Trump, I must resist an urge to be verbose or bombastic. My answers are not the shortest, but they are compact. Some employ metaphors, but they explain complex ideas across a broad audience.

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May 5, 2016

“Liberation technologies” and the ones who will gain

Posted by in categories: 3D printing, biological, biotech/medical, disruptive technology, economics, futurism, governance, human trajectories, internet, scientific freedom

How could global economic inequality survive the onslaught of synthetic organisms, micromanufacturing devices, additive manufacturing machines, nano-factories?
(http://www.beliefnet.com/columnists/lordre/2016/04/obsessed-…L36KMDo.99)

Narrated by Harry J. Bentham, author of Catalyst: A Techno-Liberation Thesis (2013), using the introduction from that book as a taster of the audio version of the book in production. (http://www.clubof.info/2016/04/liberation-technologies-to-come.html)

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May 2, 2016

Even Peasants Can Have Robots Invest Their Money

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

I could tell you one scenario after another about Robots serving Robots, making robots, owning their own country, having their own military, etc. However, for me we’re still many, many decades off from this. However, we do have some situations that I have seen robots assembling other robots; however, they’re still requiring human engagement and oversight.


If that sounds like something you’re interested in.

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