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California Governor Grants Bitcoin 'Legal Money' Status

California Governor Grants Bitcoin 'Legal Money' Status | BTC | Scoop.it

The 39th Governor of California Jerry Brown has officially signed Assembly Bill 129, the measure that sought to grant bitcoin and other digital currencies ‘legal money’ status, into law, Reuters reports.

 

Read more at: http://www.coindesk.com/california-governor-grants-bitcoin-legal-money-status/

 

The news comes just weeks after the approval of the final amended version of the bill earlier this month through key votes in both the California Assembly and Senate.

 

AB-129, which first received approval in the California Assembly earlier this February, sought to update a California law under which alternative forms of value such as rewards points, coupons and digital currencies were technically being used in violation of the law.

 

Though digital currencies were not targeted for violating the law, such rules could have been used to stem the technology’s growth in the area that is home to 40% of all bitcoin jobs in the US.

However, as noted by Roger Dickinson, the California assembly member who introduced the bill, AB-129 does not regulate bitcoin in California, a matter that will be left up to other authorities.

 

In an interview with CoinDesk in March, Dickinson summed up the intent of the bill, saying:

 

“We’re trying to say that to the extent that alternative currencies are developed and in use, we will consider that to be a legally acceptable activity in California.”


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Computational rationality: A converging paradigm for intelligence in brains, minds, and machines

After growing up together, and mostly growing apart in the second half of the 20th century, the fields of artificial intelligence (AI), cognitive science, and neuroscience are reconverging on a shared view of the computational foundations of intelligence that promotes valuable cross-disciplinary exchanges on questions, methods, and results. We chart advances over the past several decades that address challenges of perception and action under uncertainty through the lens of computation. Advances include the development of representations and inferential procedures for large-scale probabilistic inference and machinery for enabling reflection and decisions about tradeoffs in effort, precision, and timeliness of computations. These tools are deployed toward the goal of computational rationality: identifying decisions with highest expected utility, while taking into consideration the costs of computation in complex real-world problems in which most relevant calculations can only be approximated. We highlight key concepts with examples that show the potential for interchange between computer science, cognitive science, and neuroscience.

 

Computational rationality: A converging paradigm for intelligence in brains, minds, and machines
Samuel J. Gershman, Eric J. Horvitz, Joshua B. Tenenbaum

Science 17 July 2015:
Vol. 349 no. 6245 pp. 273-278
http://dx.doi.org/10.1126/science.aac6076


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7 ways the Internet of Things could dramatically change the workplace as we ... - Business Insider

7 ways the Internet of Things could dramatically change the workplace as we ... - Business Insider | BTC | Scoop.it
It's already starting to happen.

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10 Smart Study Tactics That Support How The Brain Actually Works

10 Smart Study Tactics That Support How The Brain Actually Works | BTC | Scoop.it
Here's the problem with what I'm about to tell you: these tactics may may be news to you, but in psychology circles most of them have been around for dec

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Beth Dichter's curator insight, March 22, 2015 11:25 AM

Do our learners know how to study? Perhaps a better question is do we understand the research that shows successful ways to study have been known for decades, but our current learning environment is not necessarily conducive to these learning habits. T

This post shares ten strategies for studying, as well as providing links to additional resources. It ends with a short discussion on why we may not be seeing these strategies used.
Four strategies are listed below. Click through to the post for additional information.

* Study to learn, not to "know." Knowing means we may know an answer, but not truly understand what is being discussed.

* Imagine you'll be teaching someone else. Research is showing that the expectation that you will need to teach material to others tends to use more effective learning strategies.

* Separate process from progress. Does learning end? Do we make progress but continue in the process?

* Space out your study sessions over time. Brain research shows that cramming is not effective.

There are many insights in this post that you may want to share with your students and colleagues.

Nancy Jones's curator insight, March 23, 2015 1:36 PM

Some good reminders and a great question. Who teaches the kids how to make the optimum use of this information?

Nancy Jones's curator insight, March 23, 2015 1:37 PM

Who is teaching this to our students?  I think that is the question. some great tips and throughtful explanations as well.

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Why 'Britcoins' may soon pay for your latte

Why 'Britcoins' may soon pay for your latte | BTC | Scoop.it
London has become one of the world's leaders in financial technology, and electronic currencies like Bitcoin are proving increasingly popular with start-ups and investors.

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Creators of Siri Snap Up $12.5m for Viv- An AI That Can Teach Itself

Creators of Siri Snap Up $12.5m for Viv- An AI That Can Teach Itself | BTC | Scoop.it
Viv Labs, a stealthy startup founded by the team that created Siri, has secured  $12.5 million in Series B funding, in order to carry out its vision of an advanced AI. If reports are to be believed,

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Welcome to Bitnation | Bitnation

Welcome to Bitnation | Bitnation | BTC | Scoop.it
BITNATION is a fully inclusive governance system. BITNATION offers a full range of services traditionally done by governments. We provide a cryptographically secure ID system, blockchain based dispute resolution, marriage and divorce, land registery, education, insurance, security, diplomacy, and more through a fully distributed platform.

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Open data could turn Europe’s digital desert into a digital rainforest

Europe needs to pursue a different strategy from Silicon Valley if it is going to reap the social and economic benefits of big data, according to Dirk Helbing, Professor of Computational Social Science at ETH Zurich, who aims to create an open, real-time data stream from the Internet of Things.

 

http://horizon-magazine.eu/article/open-data-could-turn-europe-s-digital-desert-digital-rainforest-prof-dirk-helbing_en.html


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Gary Bamford's curator insight, February 4, 2015 1:30 AM

The value algorithm.

Madison & Morgan's curator insight, February 13, 2015 11:14 AM

We chose this article for Europe's social views. Europe is trying to improve their internet use and become more modern with tecnology. However, their strategy improving themselves will not get them to their goal.

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D-Wave Systems Raises C$29 Million to Build Quantum-Computing Software - Wall Street Journal (blog)

D-Wave Systems Raises C$29 Million to Build Quantum-Computing Software - Wall Street Journal (blog) | BTC | Scoop.it
So far, D-Wave is the only quantum computing company with technology on the market.

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IBM works to deliver on Watson's cognitive computing promise - TechTarget

IBM works to deliver on Watson's cognitive computing promise - TechTarget | BTC | Scoop.it
Watson Analytics and a Watson school competition are IBM initiatives that show how the company is working to bring the Jeopardy champion -- and cognitive computing -- to market.

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Marc vd Chijs: "Coinbase $75 million round is a game changer"

Marc vd Chijs: "Coinbase $75 million round is a game changer" | BTC | Scoop.it

By Vancouver based Dutch Venture Capitalist Marc van der Chijs.

 

Bitcoin exchange/wallet/service provider Coinbase announced that it closed a $75 million round. Among all the major funding announcement of other tech companies $75M may not seem like a lot of money, but it’s actually quite significant. Not only is this a record funding for a Bitcoin company (one that puts total funding for Coinbase at $106 million), but even more important are the investors that put their money into Coinbase. They are not just venture capital funds, but for the first time also top financial institutions.

 

Among the investors in this round are the New York Stock Exchange, Spanish banking giant BBVA, US military insurance company USAA and Japanese telecom operator DoCoMo. Also the former CEOs of Citi and Thomson Reuters both invested privately in this round. I think this is a game changer for Bitcoin that shows that the crypto currency is no longer dismissed in the board rooms of the largest financial institutions in the world. Now that the first banks are on board the rest will have to take Bitcoin more serious as well.

 

Why would the NYSE invest in a Bitcoin exchange? I believe they want to better understand how the blockchain works and how they could potentially integrate it into their own systems. Investing in Coinbase will give them access to doing this with the market leader. NASDAQ was for a long time seen as more innovative by tech start-ups that wanted to list (that changed a bit after the Facebook IPO), but with this investment NYSE shows that they are not as traditional as many people used to think.

 

Having a mega bank like BBVA invest is also significant, because this is the first time that such a bank invests in a Bitcoin company. Banks actually have a lot to lose if they invest in Bitcoin technology: they make their money mainly through fractional reserve banking (basically creating new money) which is not possible on the blockchain, because you can see exactly where each Bitcoin is. The blockchain is the ledger that banks provide for their customers and many of the bank functions are not needed anymore if Bitcoin would start to take over the financial industry. I am aware that you can of course circumvent this by creating money through off-blockchain transactions, and that might happen eventually, but I don’t think that’s why they would invest.

 

Probably BBVA’s thinking is that it’s better to be the first to embrace Bitcoin banking than to be a follower. Now they are able to buy a share in the leading Bitcoin company in the world for what may turn out to be a low valuation. Normally a $75M round implies an approximate $400M valuation of the company, but if Coinbase would really become the first Bitcoin bank that’s peanuts (BBVA itself already has a $50+ billion valuation, 125 times that of Coinbase).

 

Many might not know this, but BBVA is a very innovative bank. Last year they bought Simple, a debit card ‘bank’ that was on its way to disrupt the banking industry. I loved Simple and was a bit disappointed that they sold out, but at least BBVA seems to be a good parent company (Simple is still around, but I have no idea how they are doing).

 

Having former Wall Street CEOs on board as investors may not seem to be a big thing. However, even though these guys don’t have the power anymore that they used to have, but they are still extremely well connected and will spread the word about Bitcoin in the right circles. The fact that they see Coinbase as an investment opportunity means they understand that the financial world is going to change.

 

I don’t think this is the last big Bitcoin funding announcement that we’ll see, it may actually open the floodgates for even bigger investments in companies like Circle, Bitpay or Blockchain. Or we may see more M&A activity in this field, with $75 million in the bank you can do some interesting acquisitions. Good times in Bitcoinland!

 

Repost from: http://www.marc.cn/2015/01/coinbase-75-million-round-is-a-game-changer.html


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The Global Brain and the Future Information Society - Vienna 2015: Call for Papers

The Global Brain and the Future Information Society - Vienna 2015: Call for Papers | BTC | Scoop.it

 

The Global Brain can be defined as the self-organizing network formed by all people on this planet together with the information and communication technologies that connect and support them. As the Internet becomes faster, smarter, and more encompassing, it increasingly links its users into a single information processing system, which functions like a nervous system for the planet Earth. The intelligence of this system is collective and distributed: it is not localized in any particular individual, organization or computer system. It rather emerges from the interactions between all its components—a property characteristic of a complex adaptive system. Such a distributed intelligence may be able to tackle current and emerging global problems that have eluded more traditional approaches. Yet, at the same time it will create technological and social challenges that are still difficult to imagine, transforming our society in all aspects.

 


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Block Chain 2.0: The Renaissance of Money

Block Chain 2.0: The Renaissance of Money | BTC | Scoop.it

This is a repost from http://www.wired.com/2015/01/block-chain-2-0 approved by the author: Kariappa Bheemaiah, Quantitative Research Analyst at Grenoble Ecole de Management.

 

From 2008 to date, no other technology has been the subject of such fervent debate. Irrespective of your opinion, the rise in popularity of cryptocurrencies cannot be ignored. Today, there are a number of billion dollar businesses that accept Bitcoin as a form of payment. These include Dell, Reddit, Expedia, PayPal, and most recently, Microsoft. So for the uninitiated who have not yet grasped what Bitcoin and other cryptocurrencies are, you ought to catch up. This is not something that should be ignored and there is a vast array of resources that explain the concept. In this post I’ll try to make sense of the Block Chain Protocol and the emerging ecosystem that is growing on it.

Elements of Protocol Commonality: TCP/IP and the Block Chain

In December 1974, Vint Cerf and Robert Kahn designed something revolutionary: the TCP/IP Internet network protocol.

 

A protocol is like manners. When we say “Thank you’ to someone, the normal response we expect to hear is “You’re welcome.” There is no actual rule that states that someone has to do this. But it remains a formal protocol of communication that is commonly followed.

In a similar way, TCP/IP was first developed as a way for any computer to connect and communicate with the ARPANET. Since then, the project mutated exponentially to allow any computer to communicate with any other computer, finally metamorphosing today into the Internet of Everything.

 

But the base technologies have remained unchanged. The IP address still acts like a unique postal address that enables any phone, tablet or computer to identify itself on the internet, while the TCP technology guarantees delivery of the data packets by dividing them into segments. TCP and IP are used in conjunction to increase the probability of the data packet to get from origin to destination.

 

Leveraging on this mode of functioning, Tim Berners-Lee created the Hyper Text Transfer Protocol or HTTP, which became a way for Web browsers to communicate with Web Servers. Today, along with HTTP, a whole suite of protocols like DNS and ARP, work together to provide us with the network experience we are used to. Email, Search Engines, Web pages, API’s and other Internet Services (SaaS, PaaS, IaaS) are all products that have evolved on this framework giving us today’s digital economy.

 

Just as the TCP/IP-based internet led to a revolution in the way businesses functioned, the Block Chain protocol is repeating the same process all over again. Pundits even go so far as to say it is like watching the birth of the internet all over again.

 

So how does this all work? A Bitcoin network is a decentralized network. Hence, every time a transaction occurs between the members of this network, it needs to be verified and validated so as to ensure that every transaction occurring within the network is between two individual accounts and that there is no risk of double spending.

 

This process of verification is carried out by some members of the network called miners. The miners use specialized and easily available software along with the processing power of their computers to verify the transactions. This sounds simple enough, but the processing power required to do so is quite herculean. And since the miners are using their bandwidth and electricity to do the verification process, they need to be compensated.

 

This is where the Block Chain begin to take shape. Every few minutes a ‘block’ of all the transactions occurring over the Bitcoin network is created by a miner. Essentially the miner has created a verified transaction file which holds a copied record of all the transactions that have occurred in the network over the past 10 minutes. The word to highlight here is verified. The miner uses the computational power of his computer to assure all members of the network that each transaction is between 2 parties only and that there is no problem of double spending.

 

For his efforts, the miner is compensated in Bitcoins. This is where the math’s of the currency and the way that it differs from the normal fractional banking system kicks in. The total amount of Bitcoins that can ever exist is fixed at 21 million. As the quantity of money is fixed, the payment made to the miner is much like mining currency out of a reservoir.

 

As each transaction in every block is made at a specific time, each block is linked to the previous block of transactions. By grouping these blocks we get what is referred to as the Block Chain. And since this grouping of blocks occurs as per the protocol dictated by the algorithm underpinning the creation of Bitcoins, this protocol is defined as the Block Chain protocol.

 

This is where the TCP/IP and Block Chain protocols differ: TCP/IP is a COMMUNICATIONS protocol, whilst the Block Chain is a VALUE-EXCHANGE protocol.

 

Bitcoin, Altcoin, Dodgecoin… Who Cares? Only the Block Chain Matters

Since Satoshi’s White paper came online, other cryptocurrenies have proliferated the market. But irrespective of the currency and the frequently debated deflation issues, the underlying Block Chain protocol and the distributed computing architecture used to achieve its value remain the same.

 

Just as the open communications protocol created profitable business services by catapulting innovation, the Block-chain protocol offers a similar foundation on which businesses can create value-added chains. Using the integrity lattice of the transactions, a whole suite of value trading innovations are beginning to enter the market.

 

Micropayments

The payments systems used today were designed in the 1950’s and there’s a fixed minimum cost for every transaction. As a result sending small payments of say, $5, is not feasible using this system. (Although companies like DWOLLA have begun offering such services). The reason this hasn’t changed is quite simple; Remittances in 2013 were made at an average rate of 8.9% resulting in $48 billion in revenue. That’s a tidy revenue stream.

 

Just as TCP/IP allowed information to be transmitted instantly, today, the Block Chain Protocol allows the instant transfer of value irrespective of size. One company that is making use of this concept is ChangeCoin.

 

ChangeCoin offers a micropayment Infrastructure for the Web. Say you read an article on a popular website, but the freemium version only lets you read quarter of the article and requires a minimum subscription to access the entire article. With micropayments, the user can now pay just a few cents to read the entire article without engaging in an à la carte form of subscription. A good way forward based on this concept would be to cable TV subscriptions, where consumers can pay for the 4 or 5 channels that they regularly watch rather than paying for a suite of 200. Another application is for WiFi hotspots where users pay exactly their data consumption. A user could pre-allocate a connectivity budget and micropayment software could take care of paying for the data connection with no user intervention.

 

ChangeCoin has also created a boon for content creators and bloggers in the form of ChangeTip. Consumers can now use Bitcoin to tip a content creator with a small sum (even 5 cents) instead of just liking an article. Not only is this an innovative way to show appreciation but it will change the business model of content creation and curation.


Block Chain APIs

Companies such as CHAIN, now allow developers to build API’s on the Block Chain Protocol such as:

API’s to allocate digital resources such as energy, bandwidth, storage, and computation to the connected devices / services that need them.Eg; FileCoinAPI’s for Oculus Rift- With access to the virtual world now becoming TROM-esque, developers are looking at creating API’s that can be used in the virtual space to make transactions, blurring the lines between virtual and real economies.Micropayment API’s tailored to the type of transaction being undertaken. i.e: Tipping a blog versus Tipping a car share driver. Very useful in a shared economy where consumers increasingly become prosumers.


Smart Contracts and Programmable Money

This relatively new concept involves the development of programs that can be entrusted with money. Smart contracts are programs that encode certain conditions and outcomes. When a transaction between 2 parties occurs, the program can verify if the product/service has been sent by the supplier. Only after verification is the sum transmitted to the suppliers account. By developing ready to use programs that function on predetermined conditions between the supplier and the client, smart programs ensure a secure escrow service in real time at near zero marginal cost. One company that is making dramatic foray here is Codius which offers an ecosystem for Smart Contracts.

 

Apart from Financial transactions, smart contracts are now entering the Legal System. Companies like Empowered Law use the public distributed ledger of transactions that makes up the Block Chain to provide Multi-Signature account services for asset protection, estate planning, dispute resolution, leasing and corporate governance. A prime example of this transition is seen ins a procedure referred to as ‘Coloring’ a Coin, in which a house can be sold in the form of a Bitcoin payment with the same ease and speed.


Digital Assets and Smart Property

Building up on colored coins, digital assets are assets whose ownership is recorded digitally. Bitcoins are of digital assets, but since the Block Chain is a decentralized asset registry, it can also be used to register ownership and transfer of any digital asset besides bitcoins. In this way, a digital bond could pay coupons and redeem the principal to the address holding the digital bond, without the need of custodians.


Taking this concept one step further is in the form of Smart Properties. A Smart Property is a property that has access to the Block Chain, and can take actions based on the information published there. Another way to look at it is that smart property can be controlled via the Block Chain. Eg: A car whose ownership is represented by a digital asset in the Block Chain. The physical car is connected to the internet and can read the Block Chain. Therefore it can keep track of the status of the digital asset representing it. As the digital asset is transferred from one address to another, the physical car can see this status update in the Block Chain and take necessary actions, i.e. change its owner… It’s a way of Automating the Internet of Everything.

What to Keep Your Eyes Peeled For in 2015

Ethereum and the MIST browser – Ethereum intends to bring together both a crypto ledger and a Turing-complete programming language, which is a language can be used to simulate any other computer language (not just its own). They intend to make a browser that is a Swiss-army knife of Block Chain and encryption tools that allow non-technical users to truly leverage the web.


Parallel block chains and side chains – Some developers have begun looking at the creation of different Block Chains as they do not believe on depending on a single Block Chain. Parallel Block Chains and Side Chains allow for tradeoffs and improved scalability using alternative, completely independent Block Chains thus allowing for more innovation.


The Philippines intends to put its Peso put on the block chain – Just as Africa leapfrogged wired telecommunications and skipped right to wireless, the Philippines intends to improve its financial services by integrating the Peso to the Block Chain. A dramatic initiative.

 

In Dec 2014, Don Tapscott, a leading authority on technology and innovation as well as a LinkedIn Influencer, did something characteristic of great men. He admitted he was wrong, noting: “Bitcoin… I used to think it would never fly. Now I think not only will it fly as a currency, but the underlying Block Chain technology of crypto currencies is a core part of the next generation of the internet that is radically going to transform not just commerce and the nature of the corporation, but many of our institutions in society and everyone needs to pay attention to this.”

 

For those who remain apprehensive, this could be partly due to my poor scribbling’s. But could it also be our innate resistance to change? After all, to quote Thomas R. Lounsbury: “We must view with profound respect the infinite capacity of the human mind to resist the introduction of useful knowledge.”


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Science/AAAS | Special Issue: Artificial Intelligence

Science/AAAS | Special Issue: Artificial Intelligence | BTC | Scoop.it

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Naomi Klein: This Changes Everything live with Owen Jones

Naomi Klein, the award-winning journalist and author of global best-sellers The Shock Doctrine and No Logo discusses her most provocative book yet, This Changes Everything: Capitalism vs the Climate.



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"What Is Graphicacy?" - An Essential Literacy Explained

"What Is Graphicacy?" - An Essential Literacy Explained | BTC | Scoop.it

"We live in a visual world. Smartphones, television, Internet, and social media all push information in real-time, all the time. Visual media bombard us in constant streams. Learners of every age, therefore, need to understand how to analyze pictorial information. This skill of parsing images, interpreting pictures, and decoding diagrams is known as graphicacy."

 


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Nancy Jones's curator insight, March 25, 2015 12:17 PM

The whole field of visual literacy and interpretation has exploded in the last 25 years. It is time to recognize its value and teach our students not only the ability to decipher and interpret them, but to create them as well.

Kathy Lynch's curator insight, March 25, 2015 9:43 PM

Thx Beth Dichter

PitchWorx's comment, June 15, 2015 2:40 AM
amazing design
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Bits from Brains for Biologically Inspired Computing

Inspiration for artificial biologically inspired computing is often drawn from neural systems. This article shows how to analyze neural systems using information theory with the aim of obtaining constraints that help to identify the algorithms run by neural systems and the information they represent. Algorithms and representations identified this way may then guide the design of biologically inspired computing systems. The material covered includes the necessary introduction to information theory and to the estimation of information-theoretic quantities from neural recordings. We then show how to analyze the information encoded in a system about its environment, and also discuss recent methodological developments on the question of how much information each agent carries about the environment either uniquely or redundantly or synergistically together with others. Last, we introduce the framework of local information dynamics, where information processing is partitioned into component processes of information storage, transfer, and modification – locally in space and time. We close by discussing example applications of these measures to neural data and other complex systems.

 

Wibral M, Lizier JT and Priesemann V (2015) Bits from brains for biologically inspired computing. Front. Robot. AI 2:5. http://dx.doi.org/10.3389/frobt.2015.00005 


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Colbert Sesanker's curator insight, March 27, 2015 5:55 PM

Consider this section from the Walter Pitts article above:

 

Interesting Section:

 

"There was a catch, though: This symbolic abstraction made the world transparent but the brain opaque. Once everything had been reduced to information governed by logic, the actual mechanics ceased to matter—the tradeoff for universal computation was ontology. Von Neumann was the first to see the problem. He expressed his concern to Wiener in a letter that anticipated the coming split between artificial intelligence on one side and neuroscience on the other. “After the great positive contribution of Turing-cum-Pitts-and-McCulloch is assimilated,” he wrote, “the situation is rather worse than better than before. Indeed these authors have demonstrated in absolute and hopeless generality that anything and everything … can be done by an appropriate mechanism, and specifically by a neural mechanism—and that even one, definite mechanism can be ‘universal.’ Inverting the argument: Nothing that we may know or learn about the functioning of the organism can give, without ‘microscopic,’ cytological work any clues regarding the further details of the neural mechanism."

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Physicists make 'weather forecasts' for economies

Physicists make 'weather forecasts' for economies | BTC | Scoop.it
The development of some countries is as predictable as steady winds, but for others it is more chaotic, physicists find.

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The Heterogeneous Dynamics of Economic Complexity

The Heterogeneous Dynamics of Economic Complexity | BTC | Scoop.it
What will be the growth of the Gross Domestic Product (GDP) or the competitiveness of China, United States, and Vietnam in the next 3, 5 or 10 years? Despite this kind of questions has a large societal impact and an extreme value for economic policy making, providing a scientific basis for economic predictability is still a very challenging problem. Recent results of a new branch—Economic Complexity—have set the basis for a framework to approach such a challenge and to provide new perspectives to cast economic prediction into the conceptual scheme of forecasting the evolution of a dynamical system as in the case of weather dynamics. We argue that a recently introduced non-monetary metrics for country competitiveness (fitness) allows for quantifying the hidden growth potential of countries by the means of the comparison of this measure for intangible assets with monetary figures, such as GDP per capita . This comparison defines the fitness-income plane where we observe that country dynamics presents strongly heterogeneous patterns of evolution. The flow in some zones is found to be laminar while in others a chaotic behavior is instead observed. These two regimes correspond to very different predictability features for the evolution of countries: in the former regime, we find strong predictable pattern while the latter scenario exhibits a very low predictability. In such a framework, regressions, the usual tool used in economics, are no more the appropriate strategy to deal with such a heterogeneous scenario and new concepts, borrowed from dynamical systems theory, are mandatory. We therefore propose a data-driven method— the selective predictability scheme —in which we adopt a strategy similar to the methods of analogues , firstly introduced by Lorenz, to assess future evolution of countries.

by 

Matthieu Cristelli , Andrea Tacchella, Luciano Pietronero


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2 billion of today’s jobs could disappear by 2030

2 billion of today’s jobs could disappear by 2030 | BTC | Scoop.it
Researchers at the University of Oxford wrote a paper that came to this startling conclusion: artificial intelligence (AI) and robots can replace half of the jobs known to us today.

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The Super-Rich and Us

In this BBC documentary aired in January 2015, journalist Jacques Peretti investigates what has fueled the growing inequality in society, how it is transforming the world and why it matters to EVERYONE.

 


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Kenneth Mikkelsen's curator insight, February 1, 2015 10:05 AM

This is a documentary in two episodes. Watch the 2nd episode HERE


Jacques Peretti did a great job in putting this documentary together. He managed to speak to a wide rage of people. 


One of them is Nick Hanauer. In August 2014, Hanauer wrote an important piece in Politico Magazine about the need for change. Read it here: The Pitchforks Are Coming… For Us Plutocrats. Hanauer also gave a TED Talk on this topic. 


In both episodes, Jacques Peretti interviews Thomas Piketty, the author of Capital in the Twenty-First Century.


I suggest that you read Len McCluskey's article Everything you need to know about the surprise bestseller from The Guardian and Steve Denning's blog post What Thomas Piketty Got Wrong on Forbes. Both articles relate to Thomas Piketty's seminal work.


The second episode also touches upon the growing freelance economy, known as the 1099 economy in the US. Here I recommend that you read The on-demand economy: Workers on tap from The Economist and this article, which specifically deals with Silicon Valley's use of freelancers: Does Silicon Valley Have a Contract-Worker Problem?


Lastly, I also want to point to this video with Roger Martin. Roger is interviewed about his book Fixing the Game and talks about the important distinction between value creation and value extraction and on the future of democratic capitalism.  


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Why the modern world is bad for your brain

Why the modern world is bad for your brain | BTC | Scoop.it
Multitasking is an essential skill in the era of email, text messages, Facebook and Twitter. But, argues neuroscientist Daniel J Levitin, it’s actually making us less efficient

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John Page's curator insight, January 25, 2015 7:44 PM

This article speaks exactly about the title. It talks about how all of the things going on in the modern world is too much for our minds to handle because they are so busy. All of this multitasking produces stress which is not good for your body or your health. We have become robots that must check our phones or we will not be able to function, it talks about how if there is an email in the unread bin then our IQ goes down by up to 10 points. Media is very important in this because it will spread this and let people become aware of what we are doing to our brain.

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Coinbase Confirms $75M Raise From DFJ, NYSE, Strategic Banking Partners

Coinbase Confirms $75M Raise From DFJ, NYSE, Strategic Banking Partners | BTC | Scoop.it

Coinbase announced that it has raised a serious $75 million growth round led by DFJ. Other participants include USAA Bank and NYSE, while existing investors including Andreessen Horowitz, Union Square Ventures, and Ribbit Capital also participated.

 

From: http://techcrunch.com/2015/01/20/coinbase-confirms-75m-raise-from-dfj-nyse-strategic-banking-partners/ ;

 

It’s the largest funding round to date for a Bitcoin-focused company, and comes amid the cryptocurrency’s recent slide to fresh lows. The currency is trading at around $212 today, down from above $1,000 more than a year ago.

 

“The timing reminds me of the post dot-com bust,” said CEO Brian Armstrong. “Google was started in 1998 and people were saying that the Internet bubble was over. But these massive companies get built over long time periods of time. It’s not really about the price. It’s about building something useful and I think people are missing the bigger picture.”

 

The company also attracted the participation of several Wall Street institutions including The New York Stock Exchange, which Armstrong touted as a sign of Bitcoin’s increasing legitimacy in the financial world. Former Citigroup CEO Vikram Pandit and former Thomson Reuters CEO Tom Glocer also made personal investments in the company. Armstrong said the company’s new strategic investors all put in at least $1 million.

 

While the bulk of transactions in the Coinbase network are still for day-trading and investment, a growing share is devoted to transactions for goods and services. Armstrong says the company tracks a metric called “non-trading transaction volume,” and it’s at least tripled over the past year to about 12 percent of all activity on the network. One of the things that has helped has been the growing number of merchants adopting Bitcoin like Expedia and Intuit. Now there are at least a dozen merchants doing over $1 billion in annual transactions accepting Bitcoin.


Armstrong said the funding will go toward building more of a mobile presence this year. He said that many would-be users of Bitcoin live in the developing world, where mobile access to services is much more paramount. Currently, Coinbase is available in 19 countries and Armstrong would like the company to reach 30 by the end of the year.

 

They also want to build out the developer platform; the company already has the most popular API for Bitcoin available and there are a handful of services like peer-to-peer lender BTCJam, which have broken out.

 

The company currently has 56 full-time employees.


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A 60 Seconds Guide to The Use of Blogging in Education

A 60 Seconds Guide to The Use of Blogging in Education | BTC | Scoop.it
A few months ago Educational Technology and Mobile Learning posted a detailed guide on how Teachers can Use Blogging in Education. We are glad this post has received a wide interaction from...

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SLS Guernsey's curator insight, January 23, 2015 3:43 AM

Blogging is a really important tool to help with literacy skills. Give it a try.

Denis Lundie's curator insight, January 23, 2015 7:18 AM

Writing for the web, in all forms, is an essential communication skill. All languages should teach the techniques and rules that apply to writing for the web.

Dênia Falcão's curator insight, January 23, 2015 12:37 PM

adicionar a sua visão ...

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Three Reasons the Silk Road Trial Matters

Three Reasons the Silk Road Trial Matters | BTC | Scoop.it
When Ulbricht’s trial begins Tuesday morning at a federal courthouse in downtown Manhattan, it will be the most significant case of its kind---in many ways the only case of its kind---to reach trial.

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Three Reasons the Silk Road Trial Matters

Three Reasons the Silk Road Trial Matters | BTC | Scoop.it
When Ulbricht’s trial begins Tuesday morning at a federal courthouse in downtown Manhattan, it will be the most significant case of its kind---in many ways the only case of its kind---to reach trial.

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