Dr. Ben Murnane has published an Opinion piece in FEE, the Foundation for Economic Education, a major US think thank. The essay covers #transhumanism and the new biography Transhuman Citizen, out in 10 days.
It’s telling that with the rise of AI the first instinct of many politicians is to regulate it.
From the article:
Longtermism asks fundamental questions and promotes the kind of consequentialism that should guide public policy.
Based on a talk delivered at the conference on Existential Threats and Other Disasters: How Should We Address Them? May 30–31, 2024 – Budva, Montenegro – sponsored by the Center for the Study of Bioethics, The Hastings Center, and The Oxford Uehiro Center for Practical Ethics.
For twenty years, I have been talking about old age dependency ratios as an argument for universal basic income and investing in anti-aging therapies to keep elders healthy longer. A declining number of young workers supporting a growing number of retirees is straining many welfare systems. Healthy seniors are less expensive and work longer. UBI is more intergenerationally equitable, especially if we face technological unemployment.
But as a person anticipating grandchildren, I think the declining fertility part of the demographic shift is more on my mind. It’s apparently on the minds of a growing number of people, including folks on the Right, ranging from those worried that feminists are pushing humanity to suicide or that there won’t be enough of their kind of people in the future to those worried about the health of innovation and the economy. The reluctance by the Left to entertain any pronatalism is understandable, given the reactionary ways it has been promoted. But I believe a progressive pro-family agenda is possible.
In 2024, extensive flooding in southern Brazil caused significant damage, particularly in Rio Grande do Sul. Maps showing floodwater depths were vital for disaster response and economic damage assessments, supported by data from NASA and other scientific sources.
Storms and torrential rain battered southern Brazil beginning in late April 2024, causing deadly, destructive flooding that persisted through much of May. Toward the end of the month, parts of Rio Grande do Sul state remained underwater, and the scope of the damage became increasingly evident.
Maps of floodwater extent are one way to assess a flooding event. But information about the depth of that water is also useful, potentially aiding rescue and relief operations, informing decisions about road closures and accessibility, and contributing to analyses of damage and flood risk.
AI and crypto combined could add a total of $20 trillion to the global economy by 2030, the report said. Bitwise notes that bitcoin miners have all the resources that AI firms need. Crypto and AI have the potential to intersect in other areas other than mining such as information validation and virtual assistants.
The two industries could add a collective $20 trillion to global GDP by 2030, the report said.
When it comes to quantum computing, that chilling effect on research and development would enormously jeopardize U.S. national security. Our projects received ample funding from defense and intelligence agencies for good reason. Quantum computing may soon become the https://www.cyberdefensemagazine.com/quantum-security-is-nat...at%20allow, codebreaking%20attacks%20against%20traditional%20encryption" rel="noopener" class="">gold standard technology for codebreaking and defending large computer networks against cyberattacks.
Adopting the proposed march-in framework would also have major implications for our future economic stability. While still a nascent technology today, quantum computing’s ability to rapidly process huge volumes of data is set to revolutionize business in the coming decades. It may be the only way to capture the complexity needed for future AI and machine learning in, say, self-driving vehicles. It may enable companies to hone their supply chains and other logistical operations, such as manufacturing, with unprecedented precision. It may also transform finance by allowing portfolio managers to create new, superior investment algorithms and strategies.
Given the technology’s immense potential, it’s no mystery why China committed what is believed to be more than https://www.mckinsey.com/featured-insights/sustainable-inclu…n-quantum” rel=“noopener” class=””>$15 billion in 2022 to develop its quantum computing capacity–more than double the budget for quantum computing of EU countries and eight times what the U.S. government plans to spend.
Memphis may get most powerful super computer yet.
Memphis, Tennessee, may host the world’s largest supercomputer, the “Gigafactory of Compute.”:
The Memphis Shelby County Economic Development Growth Engine (EDGE), Tennessee Valley Authority (TVA), and governing authorities hold the key to finalizing the project. If approved, it would be the largest investment in Memphis history.
According to Memphis Mayor Paul Young, the city boasts “an ideal site, ripe for investment,” coupled with a skilled workforce that can “keep up with the pace required to land this transformational project, the Business Insider reported.
The supercomputer itself is expected to be a technological marvel. It will be powered by 100,000 Nvidia’s H100 GPUs, currently some of the most sought-after chips in the AI industry, as reported by The Information.
The big question is whether the wealth boom of the past decade, initially fueled by low interest rates and liquidity, and more recently by Covid-19 pandemic stimulus and artificial intelligence, can continue. Global conflicts, elections, interest rates and a potential economic slowdown could all slow the pace of wealth creation, said Elias Ghanem, global head of the Capgemini Research Institute for Financial Services.
“The last 10 years were exceptional,” Ghanem said. “We now have inflation, a potential recession and geopolitical problems and elections. The environment is completely different.”
Indeed, globally, the wealth picture looks more mixed than in the U.S. The number of millionaires worldwide grew 5.1% last year, to 22.8 million, according to the report. Their combined fortunes grew to a record $86.8 trillion.
The next “Spider-Verse” film may have a new animation style: AI.
Sony Pictures Entertainment (SPE) CEO Tony Vinciquerra does not mince words when it comes to artificial intelligence. He likes the tech — or at the very least, he likes the economics.
“We are very focused on AI. The biggest problem with making films today is the expense,” Vinciquerra said at Sony’s Thursday (Friday in Japan) investor event. “We will be looking at ways to…produce both films for theaters and television in a more efficient way, using AI primarily.”
NVIDIA’s Blackwell GB200 AI servers are anticipated to see major traction, reaching 2 million units shipped in 2025 & utilizing new packaging tech.
NVIDIA To Overcome CoWoS Supply Chain Bottlenecks By Shifting To The Newer “PFLO” Standard, 420K Units Shipping This Year With Up To 2 Million Anticipated For 2025
The success of NVIDIA’s Hopper AI products last year not only uplifted the company’s economics to new heights but also revealed massive flaws in the supply chain. Due to these flaws, the products became victims of long order backlogs. The main culprits at that time were HBM & CoWoS supply, which was in a much inferior position to what it is today. Despite seeing massive upgrades, NVIDIA has decided to resolve CoWoS issues with its latest Blackwell product, as the firm is rumored to have switched to a newer packaging technology by 2025–2026.
Innovation For A Sustainable Global Energy Transformation — Dr. Roland Roesch, Ph.D. — Director, Innovation and Technology Centre, International Renewable Energy Agency (IRENA)
Dr. Roland Roesch, Ph.D. is Director, Innovation and Technology Centre (IITC), of the International Renewable Energy Agency (IRENA — https://www.irena.org/) where he oversees the Agency’s work on advising member countries in the area of technology status and roadmaps, energy planning, cost and markets and innovation policy frameworks.
The International Renewable Energy Agency (IRENA) is a leading global intergovernmental agency for energy transformation that serves as the principal platform for international cooperation, supports countries in their energy transitions, and provides state of the art data and analyses on technology, innovation, policy, finance and investment. IRENA drives the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, and energy security, for economic and social resilience and prosperity and a climate-proof future.
Dr. Roesch currently leads IRENA´s work on RE Innovation, Grids-Assessments and the Strategies Teams for the Power Sector Transformation and for the Gas Sector Transformation. He actively leads the development of IRENA´s work in the fields of ocean energy, blue economy and decarbonizing the shipping sector.
Before becoming Director, Dr. Roesch served as IITC Deputy Director from 2018.