Lifeboat Foundation

A Lifeboat guest editorial

Richelle Ross is a sophomore at the University of Florida, focusing on statistics and data science. As a crypto consultant, she educates far beyond the campus. Her insight on the evolution and future of Bitcoin has been featured in national publications. Richelle writes for CoinDesk, LinkedIn, and Quora, providing analysis on Bitcoin’s evolving economy.

In 2003, I remember going to see my first IMAX 3D film, Space Station . My family was touring NASA at Cape Canaveral Florida. The film was an inside view into life as an astronaut enters space. As the astronauts tossed M&Ms to each other in their new gravity-free domain, the other children and I gleefully reached our hands out to try and touch the candy as it floated towards us. I had never experienced anything so mind-blowing in my 7 year life. The first 3D film was released in 1922. Yet, surprisingly, flat entertainment has dominated screens for in the 9½ decades that followed. Only a handful of films have been released in 3D—most of them are animated. But now, we are gradually seeing a shift in how people experience entertainment. As methods evolve and as market momentum builds, it promises to be one of the most groundbreaking technologies of the decade. I foresee Virtual Reality reaching a point where our perception of virtual and real-life experiences becomes blurred—and eventually—the two become integrated.

Ever since pen was put to paper, and camera to screen, audiences have enjoyed being swept into other worlds. For those of us “dreamers” being able to escape into these stories is one way we live through and expand our understanding of other times and places—even places that may not be accessible in our lifetimes. Virtual reality is the logical progression and natural evolution of these experiences.

Continue reading “The Coming Era of Virtual Reality” »

As recently as 50 years ago, psychiatry lacked a scientific foundation, the medical community considered mental illness a disorder of the mind, and mental patients were literally written off as “sick in the head.” A fortunate turn in progress has yielded today’s modern imaging devices, which allow neuroscientists and psychiatrists to examine the brain of an individual suffering from a mental disorder and provide the best treatment options. In a recent interview, Columbia University Psychiatry Chair Dr. Jeffrey Lieberman stated that new research into understanding the mind is growing at an accelerated pace.

(iStock)

Lieberman noted that, just as Galileo couldn’t prove heliocentrism until he had a telescope, psychiatry lacked the technological sophistication, tools, and instruments necessary to get an understanding of the brain until the 1950s. It wasn’t until the advent of psychopharmacology and neuroimaging, he said, that researchers could look inside the so-called black box that is the brain.

“(It began with) the CAT scan, magnetic resonance imaging (MRI) systems, positron emission tomography (PET scans) and then molecular genetics. Most recently, the burgeoning discipline of neuroscience and all of the methods within, beginning with molecular biology and progressing to optogenetics, this capacity has given researchers the ability to deconstruct the brain, understand its integral components, its mechanisms of action and how they underpin mental function and behavior,” Lieberman said. “The momentum that has built is almost like Moore’s law with computer chips, (and) you see this increasing power occurring with exponential sort of growth.”

Continue reading “How Technology Changes the Way We Diagnose and Treat Mental Illness” »

Ask the average passerby on the street to describe artificial intelligence and you’re apt to get answers like C-3PO and Apple’s Siri. But for those who follow AI developments on a regular basis and swim just below the surface of the broad field , the idea that the foreseeable AI future might be driven more by Big Data rather than big discoveries is probably not a huge surprise. In a recent interview with Data Scientist and Entrepreneur Eyal Amir, we discussed how companies are using AI to connect the dots between data and innovation.

Image credit: Startup Leadership Program Chicago

According to Amir, the ability to make connections between big data together has quietly become a strong force in a number of industries. In advertising for example, companies can now tease apart data to discern the basics of who you are, what you’re doing, and where you’re going, and tailor ads to you based on that information.

“What we need to understand is that, most of the time, the data is not actually available out there in the way we think that it is. So, for example I don’t know if a user is a man or woman. I don’t know what amounts of money she’s making every year. I don’t know where she’s working,” said Eyal. “There are a bunch of pieces of data out there, but they are all suggestive. (But) we can connect the dots and say, ‘she’s likely working in banking based on her contacts and friends.’ It’s big machines that are crunching this.”

Continue reading “Connecting The Dots to Get the Big Picture with Artificial Intelligence” »

I administer the Bitcoin P2P discussion group at LinkedIn, a social media network for professionals. A frequent question posed by newcomers and even seasoned venture investors is: “How can I understand Bitcoin in its simplest terms?”

Engineers and coders offer answers that are anything but simple. Most focus on mining and the blockchain. In this primer, I will take an approach that is both familiar and accurate…

Terms/Concepts: • Miners • Blockchain • Double-Spend

First, forget about everything you have heard about ‘mining’ Bitcoin. That’s just a temporary mechanism to smooth out the initial distribution and make it fair, while also playing a critical role in validating the transactions between individuals. Starting with this mechanism is a bad way to understand Bitcoin, because its role in establishing value, influencing trust or stabilizing value is greatly overrated.

Continue reading “Bitcoin Primer: Don’t Start with Miners” »

Recently, I was named Most Viewed Writer on Bitcoin and cryptocurrency at Quora.com (writing under the pen name, “Ellery”). I don’t typically mirror posts at Lifeboat, but a question posed today is relevant to my role on the New Money Systems board at Lifeboat. Here, then, is my reply to: “How can governments ban Bitcoin?”

Governments can enact legislation that applies to any behavior or activity. That’s what governments do—at least the legislative arm of a government. Such edicts distinguish activities that are legal from those that are banned or regulated.

You asked: “How can governments ban Bitcoin?” But you didn’t really mean to ask in this way. After all, legislators ban whatever they wish by meeting in a congress or committee and promoting a bill into law. In the case of a monarchy or dictatorship, the leader simply issues an edict.

So perhaps, the real question is “Can a government ban on Bitcoin be effective?”

Continue reading “Can Governments Ban Bitcoin?” »

Ask just about anyone on the street to describe artificial intelligence and odds are, they’ll describe something resembling the futuristic science fiction robot they’ve seen in movies and television shows. However, according to Mathematician, Linguist and Artificial Intelligence Researcher Dr. András Kornai, artificial intelligence is a reality right now, and its impact can be seen every day.

“I’d say 35 percent of the total commerce taking place on Wall Street (right now) is driven by algorithms and it’s no longer driven by humans,” Kornai said. “This is not science fiction. (Artificial intelligence) is with us today.”

What we’ve seen so far in the application of algorithm-based artificial intelligence in the financial sector is just the tip of the iceberg, Kornai said. In fact, you don’t even have to own stock to be affected by it.

“I have designed algorithms that will (determine) your creditworthiness, meaning your creditworthiness is now determined by an algorithm,” he said. “We have substituted human-decision making capabilities in favor of better algorithms to pursue this, and we have given up a huge area of human competence, and money is just one aspect of it.”

Continue reading “Artificial Intelligence Is A Big Part Of Your Life, Just Don’t Buy The Hollywood Hype” »

“The nature of work, employment, jobs, and economics will have to change over the next 35 years, or the world will face massive unemployment by 2050. This was a key conclusion of the Future Work/Technology 2050 study published in the “2015−16 State of the Future.””

Read more

http://aviationweek.com/defense/drone-angst-extends-beyond-backyard-spying

These days, it’s not hard to find someone predicting that robots will take over the world and that automation could one day render human workers obsolete. The real debate is over whether or not the benefits do or do not outweigh the risks. Automation Expert and Author Dr. Daniel Berleant is one person who is more often on the side of automation.

There are many industries that are poised to be affected by the oncoming automation boom (in fact, it’s a challenge to think of one arena that will not in some minimal way be affected). “The government is actually putting quite a bit of money into robotic research for what they call ‘cooperative robotics,’” Berleant said. “Currently, you can’t work near a typical industrial robot without putting yourself in danger. As the research goes forward, the idea is (to develop) robots that become able to work with people rather than putting them in danger.”

While many view industrial robotic development as a menace to humanity, Berleant tends to focus on the areas where automation can be a benefit to society. “The civilized world is getting older and there are going to be more old people,” he said. “The thing I see happening in the next 10 or 20 years is robotic assistance to the elderly. They’re going to need help, and we can help them live vigorous lives and robotics can be a part of that.”

Berleant also believes that food production, particularly in agriculture, could benefit tremendously from automation. And that, he says, could have a positive effect on humanity on a global scale. “I think, as soon as we get robots that can take care of plants and produce food autonomously, that will really be a liberating moment for the human race,” Berleant said. “Ten years might be a little soon (for that to happen), maybe 20 years. There’s not much more than food that you need to survive and that might be a liberating moment for many poor countries.”

Continue reading “Does The Potential of Automation Outweigh The Perils?” »