Lifeboat Foundation

A brief introduction on the coming technological singularity. And a hint at how digital peer to peer cryptocurrencies like bitcoin which was the first. Will turn the ‘internet of things’ into the ‘economy of things’. Plus also I feel validates the case for a new debt free monetary system to provide a universal citizen’s dividend.

#technologicalSingularity #singularity #AI #cryptocurrency #bitcoin #citizensDividend #socialDividend #universalBasicIncome #basicIncome

Continue reading “Humans Need Not Apply” »

In the first documented attack of its kind, the Internet of Things has been used as part of an attack that sent out over 750,000 spam emails. .

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https://soundcloud.com/a16z/a16z-podcast-techs-big-ideas-and…andreessen

A new report from tech giant Samsung proposes that a fleet of roughly 4,600 micro-satellites orbiting Earth could solve our impending data crisis.

Predicting that by 2028, 5 billion Internet users around the world will be collectively chewing through at least 1 zettabyte per month — to put that in perspective, 1 zettabyte is 1,000 exabytes, 1 exabyte is 1,000 petabytes, and 1 petabyte is 1,000 terabytes — the report says we’re going to have to think seriously about how we can deliver that. A constellation of tiny Internet-beaming satellites could be a viable option, it says, and Samsung could be the one to build it.

The report, entitled Mobile Internet from the Heavens, describes an Internet satellite system that will avoid the latency issues of current communications satellites by being positioned much closer to Earth. “Most modern communications satellites live in geostationary orbit, roughly 35,000 kilometres above the surface, and this imposes a hard limit on speed due to travel time for the data transmissions,” Graham Templeton writes for ExtremeTech. “Samsung wants to position its constellation in Low Earth Orbit (LEO) and thus reduce this delay.”

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Cryptographers are working on new encryption methods able to protect today’s Internet communications from future quantum computers that can be able to break today’s cryptography techniques. The researchers have developed upgrades to the Internet’s core encryption protocol that will prevent quantum computer users from intercepting Internet communications.

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“In one sense, Page and Brin are just formalizing an arrangement that has evidently existed at Google for the past several years—the two of them at the helm of a company largely occupied with seeking out new and strange areas of innovation. The bet, it seems, is that this arrangement will improve the chances that Page and Brin’s unconventional investments will pan out—and that, if they don’t, the rest of the company will be better insulated from its founders’ mistakes. Until then, Sundar Pichai can focus on the boring, plodding business of actually making money.”

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Responding to this nugget from Engadget:

Tokyo’s district court has ruled that it’s not possible for people to own bitcoin, and therefore they cannot sue for compensation in the wake of Mt. Gox’s collapse.

The ruling comes days after the head of the world’s largest bitcoin exchange was arrested on charges of fraud. Judge Masumi Kurachi felt that bitcoins do not possess “tangible qualities” to constitute owned property. Mt. Gox held thousands of individual accounts, and so there’s plenty of angry customers looking for compensation.

Continue reading “Japanese Court: Bitcoin Cannot be Owned” »

It will be the first country in the world to have universal Internet coverage.

Google has teamed up with the Sri Lankan government to deliver broadband Internet to every region of the island nation, making it the first country in the world to have universal Internet coverage. The initiative is part of Google’s Project Loon, which aims to provide cheap or free Wi-Fi to people in remote rural areas around the world via a fleet of huge helium-filled balloons floating way up in the stratosphere.

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