Lifeboat Foundation

“His body, along with the others, will remain frozen indefinitely, with enough ongoing financial support to sustain its current state, news.com.au reported.

Last year, a Massachusetts Institute of Technology graduate successfully froze and reanimated a rabbit brain”.

Since his death, James Bedford’s body has been cryogenically frozen and awaiting reanimation on the edge of the Sonaran Desert in Arizona. This week marks the 50th year of Bedford’s deep freeze, making him the oldest “de-animated” human being on earth.

Continue reading “After 50 years, frozen WWI veteran’s body awaits reanimation” »

“Jia Jia” can hold a simple conversation and make specific facial expressions when asked, and her creator believes the eerily life-like robot heralds a future of cyborg labour in China.

Billed as China’s first human-like robot, Jia Jia was first trotted out last year by a team of engineers at the University of Science and Technology of China.

Team leader Chen Xiaoping sounded like a proud father as he and his prototype appeared Monday at an economic conference organised by banking giant UBS in Shanghai’s futuristic financial centre.

https://youtube.com/watch?v=AkLs9nVHv28

In Brief

• Numerai is making a collective artificial intelligence in order to make stock market predictions.
• So far, their data scientists have submitted over 12 billion equity price predictions in less than a year

There’s a new way to make stock market predictions. One company, Numerai, is synthesizing machine intelligence to command the capital of an American hedge fund.

Continue reading “Capturing the Intelligence of the Crowd: How to Create Your Own Super AI” »

India’s financial transaction dilemma.

BENGALURU: Amid the big push being given to digital transactions post-demonetisation, NITI Aayog CEO Amitabh Kant today said cards, ATMs and Point-of-Sale (POS) machines would become redundant in the country by 2020.

The answer may be counter-intuitive: Not only can Bitcoin be widely adopted under a supply cap, its trust and integrity are a direct result of a provably limited supply. As a result, it will flourish because it is capped.

Everyone Can Own and Trade a Limited Commodity, IF…

…if it is both measurable and divisible. Bitcoin has a capped supply just as gold has a capped supply. Although both assets will be mined for some time into the future, there is only so much that will ever be uncovered. Thereafter, the total pie cannot grow.

But the transaction units will continue to grow as needed, because the pie is divisible into very, very tiny units:

Continue reading “Can Bitcoin Flourish with a Capped Supply?” »

WHY THIS MATTERS IN BRIEF Every business is becoming a technology business and nowhere is that truer than in the financial services industry, now as banks try to compete with start ups and established technology companies for tech talent they could find themselves getting into warm water…

Bridgewater Associates is algorithmically modeling its founder’s principles to hire, fire and direct employees.

New story by The Anti-Media on #AI via Jake Anderson: http://theantimedia.org/artificial-intelligence-management-hedge-fund/ #transhumanism

Humans should get used to jobs disappearing.

Russian Quantum Center (RQC) said that it is ready to collaborate with India and offer its quantum technology that will prevent hackers from breaking into bank accounts. RQC plans to offer ‘quantum cryptography’ that could propel India to the forefront of hack proof communication in sectors such as banking and national and homeland security.

“We are ready to work with Indian colleagues. It (the technology) can’t be bought from the United States as it deals with the government and security,” said Ruslan Yunusov, chief executive at RQC, in an interview.

Established by Russia’s largest global technology hub, Skolkovo in 2010, RQC conducts scientific research that could lead to a new class of technologies. These include developing ‘unbreakable cryptography’ for the banks and the government organisations. It also involves research in areas such as materials with superior properties and new systems for ultrasensitive imaging of the brain. The research is mostly funded by the government money.

Continue reading “Russia offers technology to keep hackers at bay” »