Lifeboat Foundation

Powered by developments in exponential technologies, the cost of housing, transportation, food, health care, entertainment, clothing, education and so on will fall, eventually approaching, believe it or not, zero.

People are concerned about how AI and robotics are taking jobs, destroying livelihoods, reducing our earning capacity, and subsequently destroying the economy.

In anticipation, countries like Canada, India and Finland are running experiments to pilot the idea of “universal basic income” — the unconditional provision of a regular sum of money from the government to support livelihood independent of employment.

Continue reading “Why the Cost of Living Is Poised to Plummet in the Next 20 Years” »

Sad for Russia.

President Vladimir Putin and other Russian officials dream of a technological leap that could immediately close the gap between Russia and more advanced economies, as Sputnik did for the Soviet Union. The hyperloop, a kind of train in a tube that can reach speeds of up to 700 mph, fits that dream, and a well-connected Russian businessman has invested in it — only to see the project become embroiled in a lawsuit involving a Silicon Valley startup’s founders and claims of financial mismanagement.

Elon Musk, Tesla’s chief executive, proposed the hyperloop four years ago. This “fifth mode of transport” would involve a system of practically airless tubes through which magnetically levitated pods could carry passengers and cargo. Musk has not set up a company to bring the project to reality, but others have. For example, Hyperloop Transportation Technologies, wants to build a system in Slovakia. Another, Hyperloop One, offered a public demonstration of some elements of its technology in May.

Continue reading “Russia’s hyperloop dream is undone” »

Tech making fashion industry cleaner and greener.

Suzanne Mancini, Rhode Island School of Design

Chemical waste, mass production and consumerism are all byproducts of an industrialized global economy.

Continue reading “Can technology help fashion clean up its act?” »

Continue reading “Why is Bitcoin Capped at 21M units?” »

How will immigration be different in the future? Especially with a possible Universal Basic Income and AI?

THE impending AI revolution may lead to the end of immigration, a leading expert has claimed.

I just last week saw the movie Neon Demon. The movie explores pathology of prettiness, and to what degree people demand to consume prettiness. This is a particularly futurist topic, as society might change a lot with regards to commidifying as well as synthesizing completely new forms of beauty. This arouses deep seated fears. We fear those who manipulate desire (love, lust, loneliness, among others) for their own benefit. But many in the field claim “it is just another job”. Is relationship now part of the “gig economy” or should our politicians interfere? Will a basic income increase these forms of prostitution or decrease them?

An example of synthetic biology is making ‘real’ milk without rearing cows.

Artificial intelligence (AI) technologies offer great promise for creating new and innovative products, growing the economy, and advancing national priorities in areas such as education, mental and physical health, addressing climate change, and more. Like any transformative technology, however, AI carries risks and presents complex policy challenges along a number of different fronts. The Office of Science and Technology Policy (OSTP) is interested in developing a view of AI across all sectors for the purpose of recommending directions for research and determining challenges and opportunities in this field. The views of the American people, including stakeholders such as consumers, academic and industry researchers, private companies, and charitable foundations, are important to inform an understanding of current and future needs for AI in diverse fields. The purpose of this RFI is to solicit feedback on overarching questions in AI, including AI research and the tools, technologies, and training that are needed to answer these questions.

Like the USPS; could we see a day when DARPA and IARPA positioned to be revenue generators like big tech? Granted these 2 programs are tax payer funded; however, so is USPS. One option is to for a contracted service fee; could DARPA &/ or IARPA charge fees to tech companies and others for using their technologies?

Two of the most important technological advances that helped fueled much of the country’s record economic growth in the post-WW II era were ubiquitous computing devices and modern communications technologies.

Indeed, most of the companies covered on TechCrunch certainly would not exist if not for the development and commercialization of microprocessors and the internet.

Continue reading “Capitalizing on foundations of innovation” »