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Archive for the ‘economics’ category: Page 177

Feb 14, 2017

K-Chains – Blockchain Protocols Based On Quantum Mechanics

Posted by in categories: bitcoin, economics, internet, quantum physics

Not shocking to see; wonder how long this fact finally came out; as when you review much of the research and application of blockchaining that it is not hard to figure out that as more and more QC goes online; we would need a way to bridge block chaining environments to QC.


Quantum mechanics have ignited a transformational change in the way we envision the world and utilize technology. Economics is one of the prominent fields throughout which Quantum mechanics can be deployed. Quantum mechanics can be utilized to create a novel class of blockchains. A new paper has just been published exploring the possibilities of building blockchains on the basis of Quantum mechanics. It discusses how Quantum mechanics can be ideally deployed to build a new class of blockchains.

Quantum based blockchains, known as K-Chains, have a group of advantages over classical blockchains including communication of transactions at a Faster-Than-Light (FTL) speed, unlimited capacity of the network and an innovative offline blockchain that needn’t be connected to the internet for transactions to be executed. Extrapolation of these possibilities can lead to the creation of Quantum Turing Machines that rely on the Quantum Blockchain (K-Chain) technology. Real time data and communication protocols that span across distances of “light years” will be possible.

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Feb 14, 2017

Ridership Economy: What Will *You* Be Doing In Your Self-Driving Car?

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

The driverless car is coming – but what will *you* being doing in your self-driving car? Robotic cars will give rise to a new ridership economy of on-the-go services and experiences.

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Feb 13, 2017

Transhumanist politician wants to run for governor of California

Posted by in categories: bioengineering, biotech/medical, economics, genetics, geopolitics, governance, transhumanism

A new story out on Engadget, emphasizing the need to make government treat science and technology as a primary focus:


Zoltan Istvan didn’t have much of a chance at being president, but that didn’t stop him from campaigning as the Transhumanist Party’s candidate to promote his pro-technology and science positions. Now, he’s setting his sights a bit lower, and with a different party. Istvan announced this morning that he plans to run for governor of California in 2018 under the Libertarian Party.

“We need leadership that is willing to use radical science, technology, and innovation—what California is famous for—to benefit us all,” he wrote in a Newsweek article. “We need someone with the nerve to risk the tremendous possibilities to save the environment through bioengineering, to end cancer by seeking a vaccine or a gene-editing solution for it, to embrace startups that will take California from the world’s 7th largest economy to maybe even the largest economy—bigger than the rest of America altogether.”

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Feb 13, 2017

4 Main Economic Implications Of An Aging Population, And How Life Extension Technologies Could Solve Them

Posted by in categories: biotech/medical, economics, life extension

The effects of a rapidly aging population have a number of serious economic and social implications.


What a rapidly aging populaton means to the economy and the workforce and why biotechnology is the answer.

#aging #economy

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Feb 13, 2017

Here’s how to use AI to make America great again

Posted by in categories: economics, robotics/AI

Artificial intelligence could dramatically improve the economy and aspects of everyday life, but we need to invent ways to make sure everyone benefits.

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Feb 12, 2017

Why Elon Musk Thinks Universal Basic Income Is Inevitable

Posted by in categories: economics, Elon Musk, employment, government

Elon Musk shared his thoughts on the future of jobs and the government’s role in a rapidly changing society.

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Feb 12, 2017

Zoltan Istvan, who advocates radical technology, hopes to be governor of California

Posted by in categories: economics, futurism

Here’s my official announcement/OpEd article via Newsweek for running for California Governor as a Libertarian. Thanks for reading it!


Futurist Zoltan Istvan believes California could become the world’s largest economy.

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Feb 12, 2017

Distributed Objective Consensus: Beyond POW & POS

Posted by in categories: bitcoin, computing, cryptocurrencies, economics, innovation, privacy, software

At the heart of Bitcoin or any Blockchain ledger is a distributed consensus mechanism. It’s a lot like voting. A large and diverse deliberative community validates each, individual user transaction, ownership stake or vote.

But a distributed consensus mechanism is only effective and faithful if the community is impartial. To be impartial, voters must be fairly separated. That is, there must be no collusion enabled by concentration or hidden collaboration. They must be separated from the buyer and seller; they must be separated from the big stakeholders; and they must be separated from each other. Without believable and measurable separation, all sorts of problems ensue. One problem that has made news in the Bitcoin word is the geographical concentration of miners and mining pools.

A distributed or decentralized transaction validation is typically achieved based on Proof-of-Work (POW) or Proof-of-Stake (POS). [explain]. But in practice, these methodologies exhibit subtle problems…

The problem is that Proof-of-Work can waste an enormous amount of energy and both techniques result in a concentration of power (either by geography or by special interest) — rather than a fair, distributed consensus.

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Feb 12, 2017

A Vision to Bootstrap the Solar System Economy

Posted by in categories: 3D printing, biological, economics, information science, robotics/AI, space, transportation

Early probes are one thing, but can we build a continuing presence among the stars, human or robotic? An evolutionary treatment of starflight sees it growing from a steadily expanding presence right here in our Solar System, the kind of infrastructure Alex Tolley examines in the essay below. How we get to a system-wide infrastructure is the challenge, one analyzed by a paper that sees artificial intelligence and 3D printing as key drivers leading to a rapidly expanding space economy. The subject is a natural for Tolley, who is co-author (with Brian McConnell) of A Design for a Reusable Water-Based Spacecraft Known as the Spacecoach (Springer, 2016). An ingenious solution to cheap transportation among the planets, the Spacecoach could readily be part of the equation as we bring assets available off-planet into our economy and deploy them for even deeper explorations. Alex is a lecturer in biology at the University of California, and has been a Centauri Dreams regular for as long as I can remember, one whose insights are often a touchstone for my own thinking.

By Alex Tolley

alexgetty_2x

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Feb 11, 2017

Value Conflicts surrounding the Meaning of Life in the Trans/Post/Human Future

Posted by in categories: biological, cryonics, cyborgs, economics, environmental, ethics, futurism, governance, health, homo sapiens, law, mobile phones, policy, posthumanism, security, theory, transhumanism

Posthumanists and perhaps especially transhumanists tend to downplay the value conflicts that are likely to emerge in the wake of a rapidly changing technoscientific landscape. What follows are six questions and scenarios that are designed to focus thinking by drawing together several tendencies that are not normally related to each other but which nevertheless provide the basis for future value conflicts.

  1. Will ecological thinking eventuate in an instrumentalization of life? Generally speaking, biology – especially when a nervous system is involved — is more energy efficient when it comes to storing, accessing and processing information than even the best silicon-based computers. While we still don’t quite know why this is the case, we are nevertheless acquiring greater powers of ‘informing’ biological processes through strategic interventions, ranging from correcting ‘genetic errors’ to growing purpose-made organs, including neurons, from stem-cells. In that case, might we not ‘grow’ some organs to function in largely the same capacity as silicon-based computers – especially if it helps to reduce the overall burden that human activity places on the planet? (E.g. the brains in the vats in the film The Minority Report which engage in the precognition of crime.) In other words, this new ‘instrumentalization of life’ may be the most environmentally friendly way to prolong our own survival. But is this a good enough reason? Would these specially created organic thought-beings require legal protection or even rights? The environmental movement has been, generally speaking, against the multiplication of artificial life forms (e.g. the controversies surrounding genetically modified organisms), but in this scenario these life forms would potentially provide a means to achieve ecologically friendly goals.

  1. Will concerns for social justice force us to enhance animals? We are becoming more capable of recognizing and decoding animal thoughts and feelings, a fact which has helped to bolster those concerned with animal welfare, not to mention ‘animal rights’. At the same time, we are also developing prosthetic devices (of the sort already worn by Steven Hawking) which can enhance the powers of disabled humans so their thoughts and feelings are can be communicated to a wider audience and hence enable them to participate in society more effectively. Might we not wish to apply similar prosthetics to animals – and perhaps even ourselves — in order to facilitate the transaction of thoughts and feelings between humans and animals? This proposal might aim ultimately to secure some mutually agreeable ‘social contract’, whereby animals are incorporated more explicitly in the human life-world — not as merely wards but as something closer to citizens. (See, e.g., Donaldson and Kymlicka’s Zoopolis.) However, would this set of policy initiatives constitute a violation of the animals’ species integrity and simply be a more insidious form of human domination?

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