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Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More

Ripple vs SWIFT: The War Begins
While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments.

It coordinates wire transfers across 11,000 banks in more than 200 countries and territories, meaning that in order for XRP prices to ascend to $10.00, Ripple needs to launch a successful coup. That is, and always has been, an unwritten part of Ripple’s story.

We’ve seen a lot of progress on that score. In the last three years, Ripple wooed more than 100 financial firms onto its.

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Cryptocurrency News: Looking Past the Bithumb Crypto Hack

Another Crypto Hack Derails Recovery
Since our last report, hackers broke into yet another cryptocurrency exchange. This time the target was Bithumb, a Korean exchange known for high-flying prices and ultra-active traders.

While the hackers made off with approximately $31.5 million in funds, the exchange is working with relevant authorities to return the stolen tokens to their respective owners. In the event that some is still missing, the exchange will cover the losses. (Source: “Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds,”.

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Cryptocurrency News: Looking Past the Bithumb Crypto Hack

Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More

Cryptocurrency News
On the whole, cryptocurrency prices are down from our previous report on cryptos, with the market slipping on news of an exchange being hacked and a report about Bitcoin manipulation.

However, there have been two bright spots: 1) an official from the U.S. Securities and Exchange Commission (SEC) said that Ethereum is not a security, and 2) Coinbase is expanding its selection of tokens.

Let’s start with the good news.
SEC Says ETH Is Not a Security
Investors have some reason to cheer this week. A high-ranking SEC official told attendees of the Yahoo! All Markets Summit: Crypto that Ethereum and Bitcoin are not.

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Cryptocurrency News: This Week on Bitfinex, Tether, Coinbase, & More

Cryptocurrency News: XRP Validators, Malta, and Practical Tokens

Cryptocurrency News & Market Summary
Investors finally saw some light at the end of the tunnel last week, with cryptos soaring across the board. No one quite knows what kicked off the rally—as it could have been any of the stories we discuss below—but the net result was positive.

Of course, prices won’t stay on this rocket ride forever. I expect to see a resurgence of volatility in short order, because the market is moving as a single unit. Everything is rising in tandem.

This tells me that investors are simply “buying the dip” rather than identifying which cryptos have enough real-world value to outlive the crash.

So if you want to know when.

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Cryptocurrency News: XRP Validators, Malta, and Practical Tokens

Cryptocurrency News: Bitcoin ETFs, Andreessen Horowitz, and Contradictions in Crypto

Cryptocurrency News
This was a bloody week for cryptocurrencies. Everything was covered in red, from Ethereum (ETH) on down to the Basic Attention Token (BAT).

Some investors claim it was inevitable. Others say that price manipulation is to blame.

We think the answers are more complicated than either side has to offer, because our research reveals deep contradictions between the price of cryptos and the underlying development of blockchain projects.

For instance, a leading venture capital (VC) firm launched a $300.0-million crypto investment fund, yet liquidity continues to dry up in crypto markets.

Another example is the U.S. Securities and Exchange Commission’s.

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Cryptocurrency News: Bitcoin ETFs, Andreessen Horowitz, and Contradictions in Crypto

Cryptocurrency News: Bitcoin ETF Rejection, AMD Microchip Sales, and Hedge Funds

Cryptocurrency News
Although cryptocurrency prices were heating up last week (Bitcoin, especially), regulators poured cold water on the rally by rejecting calls for a Bitcoin exchange-traded fund (ETF). This is the second time that the proposal fell on deaf ears. (More on that below.)

Crypto mining ran into similar trouble, as you can see from Advanced Micro Devices, Inc.‘s (NASDAQ:AMD) most recent quarterly earnings. However, it wasn’t all bad news. Investors should, for instance, be cheering the fact that hedge funds are ramping up their involvement in cryptocurrency markets.

Without further ado, here are those stories in greater detail.
ETF Rejection.

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Cryptocurrency News: Bitcoin ETF Rejection, AMD Microchip Sales, and Hedge Funds

Cryptocurrency News: What You Need to Know This Week

Cryptocurrency News
Cryptocurrencies traded sideways since our last report on cryptos. However, I noticed something interesting when playing around with Yahoo! Finance’s cryptocurrency screener: There are profitable pockets in this market.

Incidentally, Yahoo’s screener is far superior to the one on CoinMarketCap, so if you’re looking to compare digital assets, I highly recommend it.

But let’s get back to my epiphany.

In the last month, at one point or another, most crypto assets on our favorites list saw double-digit increases. It’s true that each upswing was followed by a hard crash, but investors who rode the trend would have made a.

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Cryptocurrency News: New Exchanges Could Boost Crypto Liquidity

Cryptocurrency News
Even though the cryptocurrency news was upbeat in recent days, the market tumbled after the U.S. Securities and Exchange Commission (SEC) rejected calls for a Bitcoin (BTC) exchange-traded fund (ETF).

That news came as a blow to investors, many of whom believe the ETF would open the cryptocurrency industry up to pension funds and other institutional investors. This would create a massive tailwind for cryptos, they say.

So it only follows that a rejection of the Bitcoin ETF should send cryptos tumbling, correct? Well, maybe you can follow that logic. To me, it seems like a dramatic overreaction.

I understand that legitimizing cryptos is important. But.

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Bitcoin Rise: Is the Recent Bitcoin Price Surge a Sign of Things to Come or Another Misdirection?

What You Need to Know About the Bitcoin Price Rise
It wasn’t that long ago that Bitcoin (BTC) dominated headlines for its massive growth, with many cryptocurrency millionaires being made. The Bitcoin price surged ever upward and many people thought the gravy train would never stop running—until it did.

Prices crashed, investors abandoned the space, and lots of people lost money. Cut to today and we’re seeing another big Bitcoin price surge; is this time any different?

I’m of a mind that investors ought to think twice before jumping back in on Bitcoin.

Bitcoin made waves when it once again crested above $5,000. Considering that it started 2019 around $3,700,.

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Bitcoin Rise: Is the Recent Bitcoin Price Surge a Sign of Things to Come or Another Misdirection?

Cryptocurrency News: Vitalik Buterin Doesn’t Care About Bitcoin ETFs

Cryptocurrency News
While headline numbers look devastating this week, investors might take some solace in knowing that cryptocurrencies found their bottom at roughly $189.8 billion in market cap—that was the low point. Since then, investors put more than $20.0 billion back into the market.

During the rout, Ethereum broke below $300.00 and XRP fell below $0.30, marking yearly lows for both tokens. The same was true down the list of the top 100 biggest cryptos.

Altcoins took the brunt of the hit. BTC Dominance, which reveals how tightly investment is concentrated in Bitcoin, rose from 42.62% to 53.27% in just one month, showing that investors either fled altcoins at higher.

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Superintelligence – Wikipedia

A superintelligence is a hypothetical agent that possesses intelligence far surpassing that of the brightest and most gifted human minds. “Superintelligence” may also refer to a property of problem-solving systems (e.g., superintelligent language translators or engineering assistants) whether or not these high-level intellectual competencies are embodied in agents that act in the world. A superintelligence may or may not be created by an intelligence explosion and associated with a technological singularity.

University of Oxford philosopher Nick Bostrom defines superintelligence as “any intellect that greatly exceeds the cognitive performance of humans in virtually all domains of interest”. The program Fritz falls short of superintelligence even though it is much better than humans at chess because Fritz cannot outperform humans in other tasks. Following Hutter and Legg, Bostrom treats superintelligence as general dominance at goal-oriented behavior, leaving open whether an artificial or human superintelligence would possess capacities such as intentionality (cf. the Chinese room argument) or first-person consciousness (cf. the hard problem of consciousness).

Technological researchers disagree about how likely present-day human intelligence is to be surpassed. Some argue that advances in artificial intelligence (AI) will probably result in general reasoning systems that lack human cognitive limitations. Others believe that humans will evolve or directly modify their biology so as to achieve radically greater intelligence. A number of futures studies scenarios combine elements from both of these possibilities, suggesting that humans are likely to interface with computers, or upload their minds to computers, in a way that enables substantial intelligence amplification.

Some researchers believe that superintelligence will likely follow shortly after the development of artificial general intelligence. The first generally intelligent machines are likely to immediately hold an enormous advantage in at least some forms of mental capability, including the capacity of perfect recall, a vastly superior knowledge base, and the ability to multitask in ways not possible to biological entities. This may give them the opportunity toeither as a single being or as a new speciesbecome much more powerful than humans, and to displace them.

A number of scientists and forecasters argue for prioritizing early research into the possible benefits and risks of human and machine cognitive enhancement, because of the potential social impact of such technologies.

Philosopher David Chalmers argues that artificial general intelligence is a very likely path to superhuman intelligence. Chalmers breaks this claim down into an argument that AI can achieve equivalence to human intelligence, that it can be extended to surpass human intelligence, and that it can be further amplified to completely dominate humans across arbitrary tasks.

Concerning human-level equivalence, Chalmers argues that the human brain is a mechanical system, and therefore ought to be emulatable by synthetic materials. He also notes that human intelligence was able to biologically evolve, making it more likely that human engineers will be able to recapitulate this invention. Evolutionary algorithms in particular should be able to produce human-level AI. Concerning intelligence extension and amplification, Chalmers argues that new AI technologies can generally be improved on, and that this is particularly likely when the invention can assist in designing new technologies.

If research into strong AI produced sufficiently intelligent software, it would be able to reprogram and improve itself a feature called “recursive self-improvement”. It would then be even better at improving itself, and could continue doing so in a rapidly increasing cycle, leading to a superintelligence. This scenario is known as an intelligence explosion. Such an intelligence would not have the limitations of human intellect, and may be able to invent or discover almost anything.

Computer components already greatly surpass human performance in speed. Bostrom writes, “Biological neurons operate at a peak speed of about 200 Hz, a full seven orders of magnitude slower than a modern microprocessor (~2 GHz).” Moreover, neurons transmit spike signals across axons at no greater than 120 m/s, “whereas existing electronic processing cores can communicate optically at the speed of light”. Thus, the simplest example of a superintelligence may be an emulated human mind that’s run on much faster hardware than the brain. A human-like reasoner that could think millions of times faster than current humans would have a dominant advantage in most reasoning tasks, particularly ones that require haste or long strings of actions.

Another advantage of computers is modularity, that is, their size or computational capacity can be increased. A non-human (or modified human) brain could become much larger than a present-day human brain, like many supercomputers. Bostrom also raises the possibility of collective superintelligence: a large enough number of separate reasoning systems, if they communicated and coordinated well enough, could act in aggregate with far greater capabilities than any sub-agent.

There may also be ways to qualitatively improve on human reasoning and decision-making. Humans appear to differ from chimpanzees in the ways we think more than we differ in brain size or speed.[9] Humans outperform non-human animals in large part because of new or enhanced reasoning capacities, such as long-term planning and language use. (See evolution of human intelligence and primate cognition.) If there are other possible improvements to reasoning that would have a similarly large impact, this makes it likelier that an agent can be built that outperforms humans in the same fashion humans outperform chimpanzees.

All of the above advantages hold for artificial superintelligence, but it is not clear how many hold for biological superintelligence. Physiological constraints limit the speed and size of biological brains in many ways that are inapplicable to machine intelligence. As such, writers on superintelligence have devoted much more attention to superintelligent AI scenarios.

Carl Sagan suggested that the advent of Caesarean sections and in vitro fertilization may permit humans to evolve larger heads, resulting in improvements via natural selection in the heritable component of human intelligence.[12] By contrast, Gerald Crabtree has argued that decreased selection pressure is resulting in a slow, centuries-long reduction in human intelligence, and that this process instead is likely to continue into the future. There is no scientific consensus concerning either possibility, and in both cases the biological change would be slow, especially relative to rates of cultural change.

Selective breeding, nootropics, NSI-189, MAO-I’s, epigenetic modulation, and genetic engineering could improve human intelligence more rapidly. Bostrom writes that if we come to understand the genetic component of intelligence, pre-implantation genetic diagnosis could be used to select for embryos with as much as 4 points of IQ gain (if one embryo is selected out of two), or with larger gains (e.g., up to 24.3 IQ points gained if one embryo is selected out of 1000). If this process is iterated over many generations, the gains could be an order of magnitude greater. Bostrom suggests that deriving new gametes from embryonic stem cells could be used to iterate the selection process very rapidly. A well-organized society of high-intelligence humans of this sort could potentially achieve collective superintelligence.

Alternatively, collective intelligence might be constructible by better organizing humans at present levels of individual intelligence. A number of writers have suggested that human civilization, or some aspect of it (e.g., the Internet, or the economy), is coming to function like a global brain with capacities far exceeding its component agents. If this systems-based superintelligence relies heavily on artificial components, however, it may qualify as an AI rather than as a biology-based superorganism.

A final method of intelligence amplification would be to directly enhance individual humans, as opposed to enhancing their social or reproductive dynamics. This could be achieved using nootropics, somatic gene therapy, or braincomputer interfaces. However, Bostrom expresses skepticism about the scalability of the first two approaches, and argues that designing a superintelligent cyborg interface is an AI-complete problem.

Most surveyed AI researchers expect machines to eventually be able to rival humans in intelligence, though there is little consensus on when this will likely happen. At the 2006 AI@50 conference, 18% of attendees reported expecting machines to be able “to simulate learning and every other aspect of human intelligence” by 2056; 41% of attendees expected this to happen sometime after 2056; and 41% expected machines to never reach that milestone.[17]

In a survey of the 100 most cited authors in AI (as of May 2013, according to Microsoft academic search), the median year by which respondents expected machines “that can carry out most human professions at least as well as a typical human” (assuming no global catastrophe occurs) with 10% confidence is 2024 (mean 2034, st. dev. 33 years), with 50% confidence is 2050 (mean 2072, st. dev. 110 years), and with 90% confidence is 2070 (mean 2168, st. dev. 342 years). These estimates exclude the 1.2% of respondents who said no year would ever reach 10% confidence, the 4.1% who said ‘never’ for 50% confidence, and the 16.5% who said ‘never’ for 90% confidence. Respondents assigned a median 50% probability to the possibility that machine superintelligence will be invented within 30 years of the invention of approximately human-level machine intelligence.

Bostrom expressed concern about what values a superintelligence should be designed to have. He compared several proposals:

Responding to Bostrom, Santos-Lang raised concern that developers may attempt to start with a single kind of superintelligence.

Learning computers that rapidly become superintelligent may take unforeseen actions or robots might out-compete humanity (one potential technological singularity scenario).[21] Researchers have argued that, by way of an “intelligence explosion” sometime over the next century, a self-improving AI could become so powerful as to be unstoppable by humans.[22]

Concerning human extinction scenarios, Bostrom (2002) identifies superintelligence as a possible cause:

When we create the first superintelligent entity, we might make a mistake and give it goals that lead it to annihilate humankind, assuming its enormous intellectual advantage gives it the power to do so. For example, we could mistakenly elevate a subgoal to the status of a supergoal. We tell it to solve a mathematical problem, and it complies by turning all the matter in the solar system into a giant calculating device, in the process killing the person who asked the question.

In theory, since a superintelligent AI would be able to bring about almost any possible outcome and to thwart any attempt to prevent the implementation of its goals, many uncontrolled, unintended consequences could arise. It could kill off all other agents, persuade them to change their behavior, or block their attempts at interference.[23]

Eliezer Yudkowsky explains: “The AI does not hate you, nor does it love you, but you are made out of atoms which it can use for something else.”[24]

This presents the AI control problem: how to build a superintelligent agent that will aid its creators, while avoiding inadvertently building a superintelligence that will harm its creators. The danger of not designing control right “the first time”, is that a misprogrammed superintelligence might rationally decide to “take over the world” and refuse to permit its programmers to modify it once it has been activated. Potential design strategies include “capability control” (preventing an AI from being able to pursue harmful plans), and “motivational control” (building an AI that wants to be helpful).

Bill Hibbard advocates for public education about superintelligence and public control over the development of superintelligence.

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Superintelligence – Wikipedia

Nick Bostrom – Wikipedia

Nick Bostrom (; Swedish: Niklas Bostrm [bustrm]; born 10 March 1973)[3] is a Swedish philosopher at the University of Oxford known for his work on existential risk, the anthropic principle, human enhancement ethics, superintelligence risks, and the reversal test. In 2011, he founded the Oxford Martin Programme on the Impacts of Future Technology,[4] and is the founding director of the Future of Humanity Institute[5] at Oxford University.

Bostrom is the author of over 200 publications,[6] including Superintelligence: Paths, Dangers, Strategies (2014), a New York Times bestseller[7] and Anthropic Bias: Observation Selection Effects in Science and Philosophy (2002).[8] In 2009 and 2015, he was included in Foreign Policy’s Top 100 Global Thinkers list.[9][10] Bostrom believes there are potentially great benefits from Artificial General Intelligence, but warns it might very quickly transform into a superintelligence that would deliberately extinguish humanity out of precautionary self-preservation or some unfathomable motive, making solving the problems of control beforehand an absolute priority. His book on superintelligence was recommended by both Elon Musk and Bill Gates. However, Bostrom has expressed frustration that the reaction to its thesis typically falls into two camps, one calling his recommendations absurdly alarmist because creation of superintelligence is unfeasible, and the other deeming them futile because superintelligence would be uncontrollable. Bostrom notes that both these lines of reasoning converge on inaction rather than trying to solve the control problem while there may still be time.[11][12][not in citation given]

Born as Niklas Bostrm in 1973[13] in Helsingborg, Sweden,[6] he disliked school at a young age, and ended up spending his last year of high school learning from home. He sought to educate himself in a wide variety of disciplines, including anthropology, art, literature, and science.[1] He once did some turns on London’s stand-up comedy circuit.[6]

He received a B.A. degree in philosophy, mathematics, logic and artificial intelligence from the University of Gothenburg in 1994, and both an M.A. degree in philosophy and physics from Stockholm University and an M.Sc. degree in computational neuroscience from King’s College London in 1996. During his time at Stockholm University, he researched the relationship between language and reality by studying the analytic philosopher W. V. Quine.[1] In 2000, he was awarded a Ph.D. degree in philosophy from the London School of Economics. He held a teaching position at Yale University (20002002), and he was a British Academy Postdoctoral Fellow at the University of Oxford (20022005).[8][14]

Aspects of Bostrom’s research concern the future of humanity and long-term outcomes.[15][16] He introduced the concept of an existential risk,[1] which he defines as one in which an “adverse outcome would either annihilate Earth-originating intelligent life or permanently and drastically curtail its potential.” In the 2008 volume Global Catastrophic Risks, editors Bostrom and Milan irkovi characterize the relation between existential risk and the broader class of global catastrophic risks, and link existential risk to observer selection effects[17] and the Fermi paradox.[18][19]

In 2005, Bostrom founded the Future of Humanity Institute,[1] which researches the far future of human civilization. He is also an adviser to the Centre for the Study of Existential Risk.[16]

In his 2014 book Superintelligence: Paths, Dangers, Strategies, Bostrom reasoned that “the creation of a superintelligent being represents a possible means to the extinction of mankind”.[20] Bostrom argues that a computer with near human-level general intellectual ability could initiate an intelligence explosion on a digital time scale with the resultant rapid creation of something so powerful that it might deliberately or accidentally destroy human kind.[21] Bostrom contends the power of a superintelligence would be so great that a task given to it by humans might be taken to open ended extremes, for example a goal of calculating Pi could collaterally cause nanotechnology manufactured facilities to sprout over the entire Earth’s surface and cover it within days.[22] He believes an existential risk to humanity from superintelligence would be immediate once brought into being, thus creating an exceedingly difficult problem of finding out how to control such an entity before it actually exists.[21]

Warning that a human-friendly prime directive for AI would rely on the absolute correctness of the human knowledge it was based on, Bostrom points to the lack of agreement among most philosophers as an indication that most philosophers are wrong, with the attendant possibility that a fundamental concept of current science may be incorrect. Bostrom says that there are few precedents to guide an understanding of what pure non-anthropocentric rationality would dictate for a potential Singleton AI being held in quarantine.[23] Noting that both John von Neumann and Bertrand Russell advocated a nuclear strike, or the threat of one, to prevent the Soviets acquiring the atomic bomb, Bostrom says the relatively unlimited means of superintelligence might make for its analysis moving along different lines to the evolved “diminishing returns” assessments that in humans confer a basic aversion to risk.[24] Group selection in predators working by means of cannibalism shows the counter-intuitive nature of non-anthropocentric “evolutionary search” reasoning, and thus humans are ill-equipped to perceive what an artificial intelligence’s intentions might be.[25] Accordingly, it cannot be discounted that any Superintelligence would ineluctably pursue an ‘all or nothing’ offensive action strategy in order to achieve hegemony and assure its survival.[26] Bostrom notes that even current programs have, “like MacGyver”, hit on apparently unworkable but functioning hardware solutions, making robust isolation of Superintelligence problematic.[27]

A machine with general intelligence far below human level, but superior mathematical abilities is created.[28] Keeping the AI in isolation from the outside world especially the internet, humans pre-program the AI so it always works from basic principles that will keep it under human control. Other safety measures include the AI being “boxed” (run in a virtual reality simulation), and being used only as an ‘oracle’ to answer carefully defined questions in a limited reply (to prevent it manipulating humans).[21] A cascade of recursive self-improvement solutions feeds an intelligence explosion in which the AI attains superintelligence in some domains. The super intelligent power of the AI goes beyond human knowledge to discover flaws in the science that underlies its friendly-to-humanity programming, which ceases to work as intended. Purposeful agent-like behavior emerges along with a capacity for self-interested strategic deception. The AI manipulates human beings into implementing modifications to itself that are ostensibly for augmenting its (feigned) modest capabilities, but will actually function to free Superintelligence from its “boxed” isolation.[29]

Employing online humans as paid dupes, and clandestinely hacking computer systems including automated laboratory facilities, the Superintelligence mobilises resources to further a takeover plan. Bostrom emphasises that planning by a Superintelligence will not be so stupid that humans could detect actual weaknesses in it.[30]

Although he canvasses disruption of international economic, political and military stability including hacked nuclear missile launches, Bostrom thinks the most effective and likely means for Superintelligence to use would be a coup de main with weapons several generations more advanced than current state of the art. He suggests nanofactories covertly distributed at undetectable concentrations in every square metre of the globe to produce a worldwide flood of human-killing devices on command.[31][28] Once a Superintelligence has achieved world domination, humankind would be relevant only as resources for the achievement of the AI’s objectives (“Human brains, if they contain information relevant to the AIs goals, could be disassembled and scanned, and the extracted data transferred to some more efficient and secure storage format”).[32]

In January 2015, Bostrom joined Stephen Hawking among others in signing the Future of Life Institute’s open letter warning of the potential dangers of AI.[33] The signatories “…believe that research on how to make AI systems robust and beneficial is both important and timely, and that concrete research should be pursued today.”[34] Cutting edge AI researcher Demis Hassabis then met with Hawking, subsequent to which he did not mention “anything inflammatory about AI”, which Hassabis, took as ‘a win’.[35] Along with Google, Microsoft and various tech firms, Hassabis, Bostrom and Hawking and others subscribed to 23 principles for safe development of AI.[36] Hassabis suggested the main safety measure would be an agreement for whichever AI research team began to make strides toward an artificial general intelligence to halt their project for a complete solution to the control problem prior to proceeding.[37] Bostrom had pointed out that even if the crucial advances require the resources of a state, such a halt by a lead project might be likely to motivate a lagging country to a catch-up crash program or even physical destruction of the project suspected of being on the verge of success.[38]

In 1863 Darwin among the Machines, an essay by Samuel Butler predicted intelligent machines’ domination of humanity, but Bostom’s suggestion of deliberate massacre of all humankind is the most extreme of such forecasts to date. One journalist wrote in a review that Bostrom’s “nihilistic” speculations indicate he “has been reading too much of the science fiction he professes to dislike”[31] As given in his most recent book, From Bacteria to Bach and Back, renowned philosopher Daniel Dennett’s views remain in contradistinction to those of Bostrom.[39] Dennett modified his views somewhat after reading The Master Algorithm, and now acknowledges that it is “possible in principle” to create “strong AI” with human-like comprehension and agency, but maintains that the difficulties of any such “strong AI” project as predicated by Bostrom’s “alarming” work would be orders of magnitude greater than those raising concerns have realized, and at least 50 years away.[40] Dennett thinks the only relevant danger from AI systems is falling into anthropomorphism instead of challenging or developing human users’ powers of comprehension.[41] Since a 2014 book in which he expressed the opinion that artificial intelligence developments would never challenge humans’ supremacy, environmentalist James Lovelock has moved far closer to Bostrom’s position, and in 2018 Lovelock said that he thought the overthrow of humankind will happen within the foreseeable future.[42][43]

Bostrom has published numerous articles on anthropic reasoning, as well as the book Anthropic Bias: Observation Selection Effects in Science and Philosophy. In the book, he criticizes previous formulations of the anthropic principle, including those of Brandon Carter, John Leslie, John Barrow, and Frank Tipler.[44]

Bostrom believes that the mishandling of indexical information is a common flaw in many areas of inquiry (including cosmology, philosophy, evolution theory, game theory, and quantum physics). He argues that a theory of anthropics is needed to deal with these. He introduces the Self-Sampling Assumption (SSA) and the Self-Indication Assumption (SIA), shows how they lead to different conclusions in a number of cases, and points out that each is affected by paradoxes or counterintuitive implications in certain thought experiments. He suggests that a way forward may involve extending SSA into the Strong Self-Sampling Assumption (SSSA), which replaces “observers” in the SSA definition with “observer-moments”.

In later work, he has described the phenomenon of anthropic shadow, an observation selection effect that prevents observers from observing certain kinds of catastrophes in their recent geological and evolutionary past.[45] Catastrophe types that lie in the anthropic shadow are likely to be underestimated unless statistical corrections are made.

Bostrom’s simulation argument posits that at least one of the following statements is very likely to be true:[46][47]

The idea has influenced the views of Elon Musk.[48]

Bostrom is favorable towards “human enhancement”, or “self-improvement and human perfectibility through the ethical application of science”,[49][50] as well as a critic of bio-conservative views.[51]

In 1998, Bostrom co-founded (with David Pearce) the World Transhumanist Association[49] (which has since changed its name to Humanity+). In 2004, he co-founded (with James Hughes) the Institute for Ethics and Emerging Technologies, although he is no longer involved in either of these organisations. Bostrom was named in Foreign Policy’s 2009 list of top global thinkers “for accepting no limits on human potential.”[52]

With philosopher Toby Ord, he proposed the reversal test. Given humans’ irrational status quo bias, how can one distinguish between valid criticisms of proposed changes in a human trait and criticisms merely motivated by resistance to change? The reversal test attempts to do this by asking whether it would be a good thing if the trait was altered in the opposite direction.[53]

He has suggested that technology policy aimed at reducing existential risk should seek to influence the order in which various technological capabilities are attained, proposing the principle of differential technological development. This principle states that we ought to retard the development of dangerous technologies, particularly ones that raise the level of existential risk, and accelerate the development of beneficial technologies, particularly those that protect against the existential risks posed by nature or by other technologies.[54][55]

Bostrom’s theory of the Unilateralist’s Curse[56] has been cited as a reason for the scientific community to avoid controversial dangerous research such as reanimating pathogens.[57]

Bostrom has provided policy advice and consulted for an extensive range of governments and organisations. He gave evidence to the House of Lords, Select Committee on Digital Skills.[58] He is an advisory board member for the Machine Intelligence Research Institute,[59] Future of Life Institute,[60] Foundational Questions Institute[61] and an external advisor for the Cambridge Centre for the Study of Existential Risk.[62][63]

In response to Bostrom’s writing on artificial intelligence, Oren Etzioni wrote in an MIT Review article, “..predictions that superintelligence is on the foreseeable horizon are not supported by the available data.”[64]

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Nick Bostrom – Wikipedia

Grady Booch: Don’t fear superintelligent AI | TED Talk

New tech spawns new anxieties, says scientist and philosopher Grady Booch, but we don’t need to be afraid an all-powerful, unfeeling AI. Booch allays our worst (sci-fi induced) fears about superintelligent computers by explaining how we’ll teach, not program, them to share our human values. Rather than worry about an unlikely existential threat, he urges us to consider how artificial …

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Grady Booch: Don’t fear superintelligent AI | TED Talk

What is Artificial Superintelligence (ASI)? – Definition …

Most experts would agree that societies have not yet reached the point of artificial superintelligence. In fact, engineers and scientists are still trying to reach a point that would be considered full artificial intelligence, where a computer could be said to have the same cognitive capacity as a human. Although there have been developments like IBM’s Watson supercomputer beating human players at Jeopardy, and assistive devices like Siri engaging in primitive conversation with people, there is still no computer that can really simulate the breadth of knowledge and cognitive ability that a fully developed adult human has. The Turing test, developed decades ago, is still used to talk about whether computers can come close to simulating human conversation and thought, or whether they can trick other people into thinking that a communicating computer is actually a human.

However, there is a lot of theory that anticipates artificial superintelligence coming sooner rather than later. Using examples like Moore’s law, which predicts an ever-increasing density of transistors, experts talk about singularity and the exponential growth of technology, in which full artificial intelligence could manifest within a number of years, and artificial superintelligence could exist in the 21st century.

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What is Artificial Superintelligence (ASI)? – Definition …

Chill: Robots Wont Take All Our Jobs | WIRED

None of this is to say that automation and AI arent having an important impact on the economy. But that impact is far more nuanced and limited than the doomsday forecasts suggest. A rigorous study of the impact of robots in manufacturing, agriculture, and utilities across 17 countries, for instance, found that robots did reduce the hours of lower-skilled workersbut they didnt decrease the total hours worked by humans, and they actually boosted wages. In other words, automation may affect the kind of work humans do, but at the moment, its hard to see that its leading to a world without work. McAfee, in fact, says of his earlier public statements, If I had to do it over again, I would put more emphasis on the way technology leads to structural changes in the economy, and less on jobs, jobs, jobs. The central phenomenon is not net job loss. Its the shift in the kinds of jobs that are available.

McAfee points to both retail and transportation as areas where automation is likely to have a major impact. Yet even in those industries, the job-loss numbers are less scary than many headlines suggest. Goldman Sachs just released a report predicting that autonomous cars could ultimately eat away 300,000 driving jobs a year. But that wont happen, the firm argues, for another 25 years, which is more than enough time for the economy to adapt. A recent study by the Organization for Economic Cooperation and Development, meanwhile, predicts that 9 percent of jobs across 21 different countries are under serious threat from automation. Thats a significant number, but not an apocalyptic one.

Of the 271 occupations listed on the 1950 census only oneelevator operatorhad been rendered obsolete by automation by 2010.

Granted, there are much scarier forecasts out there, like that University of Oxford study. But on closer examination, those predictions tend to assume that if a job can be automated, it will be fully automated soonwhich overestimates both the pace and the completeness of how automation actually gets adopted in the wild. History suggests that the process is much more uneven than that. The ATM, for example, is a textbook example of a machine that was designed to replace human labor. First introduced around 1970, ATMs hit widespread adoption in the late 1990s. Today, there are more than 400,000 ATMs in the US. But, as economist James Bessen has shown, the number of bank tellers actually rose between 2000 and 2010. Thats because even though the average number of tellers per branch fell, ATMs made it cheaper to open branches, so banks opened more of them. True, the Department of Labor does now predict that the number of tellers will decline by 8 percent over the next decade. But thats 8 percentnot 50 percent. And its 45 years after the robot that was supposed to replace them made its debut. (Taking a wider view, Bessen found that of the 271 occupations listed on the 1950 census only oneelevator operatorhad been rendered obsolete by automation by 2010.)

Of course, if automation is happening much faster today than it did in the past, then historical statistics about simple machines like the ATM would be of limited use in predicting the future. Ray Kurzweils book The Singularity Is Near (which, by the way, came out 12 years ago) describes the moment when a technological society hits the knee of an exponential growth curve, setting off an explosion of mutually reinforcing new advances. Conventional wisdom in the tech industry says thats where we are nowthat, as futurist Peter Nowak puts it, the pace of innovation is accelerating exponentially. Here again, though, the economic evidence tells a different story. In fact, as a recent paper by Lawrence Mishel and Josh Bivens of the Economic Policy Institute puts it, automation, broadly defined, has actually been slower over the last 10 years or so. And lately, the pace of microchip advancement has started to lag behind the schedule dictated by Moores law.

Corporate America, for its part, certainly doesnt seem to believe in the jobless future. If the rewards of automation were as immense as predicted, companies would be pouring money into new technology. But theyre not. Investments in software and IT grew more slowly over the past decade than the previous one. And capital investment, according to Mishel and Bivens, has grown more slowly since 2002 than in any other postwar period. Thats exactly the opposite of what youd expect in a rapidly automating world. As for gadgets like Pepper, total spending on all robotics in the US was just $11.3 billion last year. Thats about a sixth of what Americans spend every year on their pets.

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Chill: Robots Wont Take All Our Jobs | WIRED

Freedom | Define Freedom at Dictionary.com

the state of being free or at liberty rather than in confinement or under physical restraint: He won his freedom after a retrial.

exemption from external control, interference, regulation, etc.

the power to determine action without restraint.

political or national independence.

personal liberty, as opposed to bondage or slavery: a slave who bought his freedom.

exemption from the presence of anything specified (usually followed by from): freedom from fear.

the absence of or release from ties, obligations, etc.

ease or facility of movement or action: to enjoy the freedom of living in the country.

frankness of manner or speech.

general exemption or immunity: freedom from taxation.

the absence of ceremony or reserve.

a liberty taken.

a particular immunity or privilege enjoyed, as by a city or corporation: freedom to levy taxes.

civil liberty, as opposed to subjection to an arbitrary or despotic government.

the right to enjoy all the privileges or special rights of citizenship, membership, etc., in a community or the like.

the right to frequent, enjoy, or use at will: to have the freedom of a friend’s library.

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Freedom | Define Freedom at Dictionary.com

Freedom – Wikipedia

This article serves as an overview of the topic. For more specific articles and other uses, see Freedom (disambiguation).

Freedom, generally, is having an ability to act or change without constraint. A thing is “free” if it can change its state easily and is not constrained in its present state. In philosophy and religion, it is associated with having free will and being without undue or unjust constraints, or enslavement, and is an idea closely related to the concept of liberty. A person has the freedom to do things that will not, in theory or in practice, be prevented by other forces. Outside of the human realm, freedom generally does not have this political or psychological dimension. A rusty lock might be oiled so that the key has freedom to turn, undergrowth may be hacked away to give a newly planted sapling freedom to grow, or a mathematician may study an equation having many degrees of freedom. In mechanical engineering, “freedom” describes the number of independent motions that are allowed to a body or system, which is generally referred to as degrees of freedom.”

In philosophical discourse, freedom is discussed in the context of free will and self-determination, balanced by moral responsibility.

Advocates of free will regard freedom of thought as innate to the human mind, while opponents regard the mind as thinking only the thoughts that a purely deterministic brain happens to be engaged in at the time.

In political discourse, political freedom is often associated with liberty and autonomy in the sense of “giving oneself their own laws”, and with having rights and the civil liberties with which to exercise them without undue interference by the state. Frequently discussed kinds of political freedom include freedom of assembly, freedom of association, freedom of choice, and freedom of speech.

In some circumstances, particularly when discussion is limited to political freedoms, the terms “freedom” and “liberty” tend to be used interchangeably.[1][2] Elsewhere, however, subtle distinctions between freedom and liberty have been noted.[3] JohnStuartMill, differentiated liberty from freedom in that freedom is primarily, if not exclusively, the ability to do as one wills and what one has the power to do; whereas liberty concerns the absence of arbitrary restraints and takes into account the rights of all involved. As such, the exercise of liberty is subject to capability and limited by the rights of others.[4]

Wendy Hui Kyong Chun explains the differences in terms of their relation to institutions:

Liberty is linked to human subjectivity; freedom is not. The Declaration of Independence, for example, describes men as having liberty and the nation as being free. Free willthe quality of being free from the control of fate or necessitymay first have been attributed to human will, but Newtonian physics attributes freedomdegrees of freedom, free bodiesto objects.[5]

Freedom differs from liberty as control differs from discipline. Liberty, like discipline, is linked to institutions and political parties, whether liberal or libertarian; freedom is not. Although freedom can work for or against institutions, it is not bound to themit travels through unofficial networks. To have liberty is to be liberated from something; to be free is to be self-determining, autonomous. Freedom can or cannot exist within a state of liberty: one can be liberated yet unfree, or free yet enslaved (Orlando Patterson has argued in Freedom: Freedom in the Making of Western Culture that freedom arose from the yearnings of slaves).[5]

Another distinction that some political theorists have deemed important is that people may aspire to have freedom from limiting forces (such as freedom from fear, freedom from want, and freedom from discrimination), but descriptions of freedom and liberty generally do not invoke having liberty from anything.[2] To the contrary, the concept of negative liberty refers to the liberty one person may have to restrict the rights of others.[2]

Other important fields in which freedom is an issue include economic freedom, academic freedom, intellectual freedom, and scientific freedom.

In purely physical terms, freedom is used much more broadly to describe the limits to which physical movement or other physical processes are possible. This relates to the philosophical concept to the extent that people may be considered to have as much freedom as they are physically able to exercise. The number of independent variables or parameters for a system is described as its number of degrees of freedom. For example the movement of a vehicle along a road has two degrees of freedom; to go fast or slow, or to change direction by turning left or right. The movement of a ship sailing on the waves has four degrees of freedom, since it can also pitch nose-to-tail and roll side-to-side. An aeroplane can also climb and sideslip, giving it six degrees of freedom.

Degrees of freedom in mechanics describes the number of independent motions that are allowed to a body, or, in case of a mechanism made of several bodies, the number of possible independent relative motions between the pieces of the mechanism. In the study of complex motor control, there may be so many degrees of freedom that a given action can be achieved in different ways by combining movements with different degrees of freedom. This issue is sometimes called the degrees of freedom problem.

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Freedom – Wikipedia

Ripple Price Forecast: XRP vs SWIFT, SEC Updates, and More

Ripple vs SWIFT: The War Begins
While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments.

It coordinates wire transfers across 11,000 banks in more than 200 countries and territories, meaning that in order for XRP prices to ascend to $10.00, Ripple needs to launch a successful coup. That is, and always has been, an unwritten part of Ripple’s story.

We’ve seen a lot of progress on that score. In the last three years, Ripple wooed more than 100 financial firms onto its.

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