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Archive for the ‘law’ category: Page 68

May 9, 2018

The Fourth Industrial Revolution is Here!

Posted by in categories: biotech/medical, economics, education, employment, government, information science, law, mathematics, robotics/AI

So much talk about AI and robots taking our jobs. Well, guess what, it’s already happening and the rate of change will only increase. I estimate that about 5% of jobs have been automated — both blue collar manufacturing jobs, as well as, this time, low-level white collar jobs — think back office, paralegals, etc. There’s a thing called RPA, or Robot Process Automation, which is hollowing out back office jobs at an alarming rate, using rules based algorithms and expert systems. This will rapidly change with the introduction of deep learning algorithms into these “robot automation” systems, making them intelligent, capable of making intuitive decisions and therefore replacing more highly skilled and creative jobs. So if we’re on an exponential curve, and we’ve managed to automate around 5% of jobs in the past six years, say, and the doubling is every two years, that means by 2030, almost all jobs will be automated. Remember, the exponential math means 1, 2, 4, 8, 16, 32, 64, 100%, with the doubling every two years.

We are definitely going to need a basic income to prevent people (doctors, lawyers, drivers, teachers, scientists, manufacturers, craftsmen) from going homeless once their jobs are automated away. This will need to be worked out at the government level — the sooner the better, because exponentials have a habit of creeping up on people and then surprising society with the intensity and rapidity of the disruptive change they bring. I’m confident that humanity can and will rise to the challenges ahead, and it is well to remember that economics is driven by technology, not the other way around. Education, as usual, is definitely the key to meeting these challenges head on and in a fully informed way. My only concern is when governments will actually start taking this situation seriously enough to start taking bold action. There certainly is no time like the present.

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May 2, 2018

If Trump Gets His “Space Force,” It Would Likely Be Used to Defend Mining Operations

Posted by in categories: geopolitics, law, military, satellites, treaties

For one thing, it appears to violate international law, according to Congressional testimony by Joanne Gabrynowicz, a space law expert at the University of Mississippi. Before NASA’s moon landing, the United States—along with other United Nations Security Council members and many other countries—signed the 1967 Outer Space Treaty. “Outer space, including the moon and other celestial bodies,” it states, “is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.” The 1979 Moon Agreement went further, declaring outer space to be the “common heritage of mankind” and explicitly forbidding any state or organization from annexing (non-Earth) natural resources in the solar system.

Major space-faring nations are not among the 16 countries party to the treaty, but they should arguably come to some equitable agreement, since international competition over natural resources in space may very well transform into conflict. Take platinum-group metals. Mining companies have found about 100,000 metric tons of the stuff in deposits worldwide, mostly in South Africa and Russia, amounting to $10 billion worth of production per year, according to the U.S. Geological Survey. These supplies should last several decades if demand for them doesn’t rise dramatically. (According to Bloomberg, supply for platinum-group metals is constrained while demand is increasing.)

Palladium, for example, valued for its conductive properties and chemical stability, is used in hundreds of millions of electronic devices sold annually for electrodes and connector platings, but it’s relatively scarce on Earth. A single giant, platinum-rich asteroid could contain as much platinum-group metals as all reserves on Earth, the Google-backed Planetary Resources claims. That’s a massive bounty. As Planetary Resources and other U.S. and foreign companies scramble for control over these valuable space minerals, competing “land grabs” by armed satellites may come next. Platinum-group metals in space may serve the same role as oil has on Earth, threatening to extend geopolitical struggles into astropolitical ones, something Trump is keen on preparing for. Yesterday he said he’s seriously weighing the idea of a “Space Force” military branch.

Continue reading “If Trump Gets His ‘Space Force,’ It Would Likely Be Used to Defend Mining Operations” »

Apr 25, 2018

ICO Whitelist Registration

Posted by in categories: bitcoin, cryptocurrencies, evolution, law

3 days left to get into our Initial Community Offering (ICO) for the evolution of the blockchain which I’ve invested and advising.


Welcome to the Holo ICO whitelist registration! You will need to verify your identity and join the whitelist before you can participate in the ICO. The process requires creating an account, completing a quick identity verification, and then adding your Ethereum address to our whitelist. Once whitelisted, your address will be written into our smart contract, and you will be prepared to participate in the Holo ICO.

NOTE: If you are a resident or citizen of the United States, China, or South Korea, you cannot participate in our ICO due to legal and regulatory uncertainty in those jurisdictions. You will be unable to verify or whitelist if you are a resident or citizen of one of these countries.

To learn more about our ICO, visit https://holo.host/ico

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Apr 20, 2018

The Amount of Money A.I. Researchers Earn Will Shock You

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

Researchers in artificial intelligence can stand to make a ton of money. But this week, we actually know just how much some A.I. experts are being paid — and it’s a lot, even at a nonprofit.

OpenAI, a nonprofit research lab, paid its lead A.I. expert, Ilya Sutskever, more than $1.9 million in 2016, according to a recent public tax filing. Another researcher, Ian Goodfellow, made more than $800,000 that year, even though he was only hired in March, the New York Times reported.

As the publication points out, the figures are eye-opening and offer a bit of insight on how much A.I. researchers are being paid across the globe. Normally, this kind of data isn’t readily accessible. But since OpenAI is a nonprofit organization, it’s required by law to make these figures public.

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Apr 16, 2018

Thousands of Android apps are improperly tracking children, says new report

Posted by in categories: law, robotics/AI

A new study has found that thousands of Android apps are violating U.S. law by tracking and sharing the data of children.

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Apr 14, 2018

Experts Sign Open Letter Slamming Europe’s Proposal to Recognize Robots as Legal Persons

Posted by in categories: ethics, law, robotics/AI

Over 150 experts in AI, robotics, commerce, law, and ethics from 14 countries have signed an open letter denouncing the European Parliament’s proposal to grant personhood status to intelligent machines. The EU says the measure will make it easier to figure out who’s liable when robots screw up or go rogue, but critics say it’s too early to consider robots as persons—and that the law will let manufacturers off the liability hook.

This all started last year when the European Parliament proposed the creation of a specific legal status for robots:

so that at least the most sophisticated autonomous robots could be established as having the status of electronic persons responsible for making good any damage they may cause, and possibly applying electronic personality to cases where robots make autonomous decisions or otherwise interact with third parties independently.

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Apr 10, 2018

Legal experts: Conflict in outer space will happen

Posted by in categories: law, military, policy, space

The University of Nebraska College of Law is joining forces with space and military law experts from Australia and the United Kingdom to take the lead on understanding how our Earth-bound laws will be applied in times of armed conflict in outer space.

Some of the best legal and policy minds at the University of Adelaide, UNSW Canberra, University of Exeter and Nebraska Law will draft the definitive document on military and security law as applied to space.

The Woomera Manual on the International Law of Military Space Operations is to be completed in 2020. It will draw on the knowledge of dozens of legal and space operations experts from around the world.

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Apr 7, 2018

Army of None: Autonomous Weapons and the Future of War

Posted by in categories: cybercrime/malcode, drones, law, military, robotics/AI

“Be very, very afraid. As this extraordinary book reveals, we are fast sailing into an era in which big life-and-death decisions in war will be made not by men…and women, but by artificial intelligence” — @stavridisj’s review of @paul_scharre upcoming book Pre-order yours now:


A Pentagon defense expert and former U.S. Army Ranger explores what it would mean to give machines authority over the ultimate decision of life or death.

What happens when a Predator drone has as much autonomy as a Google car? Or when a weapon that can hunt its own targets is hacked? Although it sounds like science fiction, the technology already exists to create weapons that can attack targets without human input. Paul Scharre, a leading expert in emerging weapons technologies, draws on deep research and firsthand experience to explore how these next-generation weapons are changing warfare.

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Mar 26, 2018

What the World’s Governments Are Saying About Cryptocurrencies

Posted by in categories: bitcoin, cryptocurrencies, finance, law, policy

Getting your head around cryptocurrencies was hard enough before governments got involved. But now that policy makers around the world are drawing up fresh regulations on everything from exchanges to initial coin offerings, keeping track of what’s legal has become just as daunting as figuring out which newfangled token might turn into the next Bitcoin.

The rules can vary wildly by country, given a lack of global coordination among authorities. And while that may change after finance chiefs discuss digital assets at the Group of 20 meeting in Buenos Aires this week, for the time being there’s a wide range of opinions on how best to regulate the space. Below is a rundown of what major countries are doing now.

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Mar 6, 2018

What happens to your Bitcoin if you die or forget passwords?

Posted by in categories: bitcoin, cryptocurrencies, economics, finance, internet, law

Legacy Method of Inheriting Assets

Many Bitcoin owners choose to use a custodial account, in which the private keys to a wallet are generated and controlled by their exchange—or even a bank or stock broker. In this case, funds are passed to heirs in the usual way. It works like this…

An executor, probate attorney, or someone with a legal claim contacts the organization that controls the assets. They present a death certificate, medical proxy or power-of-attorney. Just as with your bank account or stocks and bonds, you have the option of listing next of kin and the proportion of your assets that should be distributed to each. These custodial services routinely ask you to list individuals younger than you and alternate heirs, along with their street addresses, in the event that someone you list has died before you.

Of course, Bitcoin purists and Libertarians point out that the legacy method contradicts the whole point of owning a cryptocurrency. Fair enough.

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