Lifeboat Foundation

BOSTON (AP) — IBM is planning to spend $240 million over the next decade to create an artificial intelligence research lab at MIT.

Massachusetts Institute of Technology on Thursday announced the formation of the new MIT-IBM Watson AI Lab. It will support joint research by IBM and MIT scientists.

Its mission will include advancing the hardware, software and algorithms used for artificial intelligence. It also will tackle some of the economic and ethical implications of intelligent machines and look at its commercial application for industries ranging from health care to cybersecurity.

Continue reading “IBM and MIT partner on artificial intelligence research” »

Australian researchers have designed a new type of qubit — the building block of quantum computers — that they say will finally make it possible to manufacture a true, large-scale quantum computer. Broadly speaking, there are currently a number of ways to make a quantum computer. Some take up less space, but tend to be incredibly complex. Others are simpler, but if you want it to scale up you’re going to need to knock down a few walls.

On August 1 2017, the value of a Bitcoin was at $2,750 US dollars. Today, just over one month later, it is poised to leap past $5,000 per unit. With this gain, many people are asking if Bitcoin has any genuine, inherent value. Is it a pyramid scheme? —Or is it simply a house of cards ready to collapse when the wind picks up?

In a past article, I explained that Bitcoin fundamentals ought to place its value in the vicinity of $10,000.* (At the time, it was less than $450, and had even fallen to $220 in the following year).

For many consumers viewing the rising interest in Bitcoin from the stands, there is great mystery surrounding the underlying value. What, if anything, stands behind it? This is a question with a clear and concise answer. In fact, it has a very definitive and believable answer—but it is easiest to understand with just a little bit of historical perspective.

At one time, G7 fiat currencies were backed by a reserve of physical Gold or the pooling or cross-ownership of other currencies that are backed by gold. That ended in 1971 when the Bretton Woods agreement was dissolved by president Richard Nixon in Ithaca NY.

Continue reading “Spell it Out: What, exactly, backs Bitcoin?” »

A few more donations will put it in striking distance to be completed by a top-level pledge (of which there have already been 2), so please help put it over the top if you can. Thanks!

Now, Symantec reports, the group has resumed operations, apparently working since late 2015 to investigate and penetrate energy facilities in at least three countries: the US, Turkey and Switzerland.

“The Dragonfly group appears to be interested in both learning how energy facilities operate and also gaining access to operational systems themselves, to the extent that the group now potentially has the ability to sabotage or gain control of these systems should it decide to do so,” the cybersecurity firm warns.

Dragonfly’s methods are varied, but all its attacks seem to be focused on researching the inner workings of energy firms. It has been seen sending malicious emails with attachments that leak internal network credentials, which are then used to install backdoors on the network allowing the hackers to take control of computers and systems. They’ve also been seen seeding fake flash updates to install the backdoors and carrying out “watering hole” attacks, hacking third-party websites that were likely to be visited by people working in the energy sector.

Continue reading “Hackers attacking US and European energy firms could sabotage power grids” »

Early this morning (Sept. 6), the sun released two powerful solar flares — the second was the most powerful in more than a decade.

At 5:10 a.m. EDT (0910 GMT), an X-class solar flare — the most powerful sun-storm category — blasted from a large sunspot on the sun’s surface. That flare was the strongest since 2015, at X2.2, but it was dwarfed just 3 hours later, at 8:02 a.m. EDT (1202 GMT), by an X9.3 flare, according to the National Oceanic and Atmospheric Administration’s Space Weather Prediction Center (SWPC). The last X9 flare occurred in 2006 (coming in at X9.0).

It’s de rigeur for the many of the richest of the rich to tout the benefits of giving cash handouts to all American citizens, in part as a way to end poverty. The idea, called universal basic income (UBI), is for every individual to be paid a regular sum of money regardless of employment status.

One of the tech elite who has an interest in universal basic income is self-made multimillionaire and Y Combinator President Sam Altman. “Eliminating poverty is such a moral imperative and something that I believe in so strongly,” Altman tells CNBC Make It.

“There’s so much research about how bad poverty is. There’s so much research about the emotional and physical toll that it takes on people.

Continue reading “Top Silicon Valley tech exec on cash handouts: Let’s eliminate poverty for all Americans” »

The ‘Iron Man’ exoskeleton that can let disabled children walk again.

• Tréxō Robotics has created and exoskeleton that can help immobile kids walk
• It attached to walkers and is battery-powered to help them propel themselves
• It can help kids with Cerebral Palsy, Paraplegia, stroke, spine and brain injuries

By Sage Lazzaro For Dailymail.com

Continue reading “Startup unveils futuristic exoskeletons to help disabled kids walk” »

The secret to a long life? A protein that acts as a cellular ‘time machine’ is found to extend the lifespan of fruit flies by 20%.

Biologists have turned back the clock on ageing in the cells of fruit flies, by increasing levels of a protein called Drp1.

Continue reading “Cellular ‘time machine’ could offer Parkinson’s treatment” »