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Monthly Archives: January 2020
Mike Bloomberg spent $826,000 on Facebook ads on Saturday, the biggest single-day total of any 2020 candidate – CNBC
Posted: January 14, 2020 at 4:53 am
Democratic presidential candidate Mike Bloomberg waits by his tour bus ahead of adressing his supporters at Central Machine Works in Austin, Texas on January 11, 2020.
Mark Felix | AFP | Getty Images
Mike Bloomberg spent more than $825,000 on Facebook ads on Saturday, well more than any other 2020 presidential candidate spent in a single day on the social media platform, according to data from Facebook.
The Bloomberg total also dwarfs what several top-tier candidates have spent on Facebook ads over the course of several days.
Former South Bend, Indiana, Mayor Pete Buttigieg spent about $652,000 on Facebook ads in 30 days. In the same time frame, former Vice President Joe Biden spent a little more than $385,000 on Facebook ads.
Bloomberg, whose net worth is estimated to be around $55 billion, in the last 30 days has become the top spender on Facebook ads, beating out fellow billionaire and candidate Tom Steyer, who at one point was the top Democratic Facebook ads spender.
Bloomberg is in fifth place among Democratic contenders, behind Biden, Sens. Bernie Sanders and Elizabeth Warren, and Buttigieg, according to a national polling average compiled by RealClearPolitics. Steyer is in the ninth spot.
President Donald Trump, who is reportedly concerned about how much Bloomberg is spending on the campaign, spent a little over $90,000 on Facebook ads on Saturday, a little more than 10% of Bloomberg's amount on the same day.
The White House declined to comment. The Trump campaign did not immediately respond to a request for comment.
The president commented on Bloomberg's spending in Monday morning tweets, calling the former New York City mayor "Mini Mike Bloomberg."
Bloomberg responded on Twitter to Trump's tweets.
Trump leads the 2020 Facebook ad spend, with an outlay of $20.3 million since January 2019. Steyer follows with $18.3 million. Bloomberg, the last major candidate to enter the presidential race, quickly rose up to third place with $8.53 million.
The timing of Bloomberg's large spend corresponds with a nationwide kickoff on Saturday with more than 150 events held by his campaign in more than two dozen states. The campaign did not immediately respond to a request for comment from CNBC asking if the timing of the large ad buy was deliberately coordinated with the kickoff.
Bloomberg emerged as a financial powerhouse for his campaign just a week after declaring a run for president, spending more than $160 million on TV ads alone since the announcement of his 2020 bid.
Support for Bloomberg has been rising in national polls. He has 5.8% of support, according to the latest average from RealClearPolitics.
Democratic heavyweights Sanders and Warren have targeted Bloomberg, saying the billionaire has the means to buy his way into the election. The two senators, who've based their campaigns on decreasing income inequality, have been touting small-dollar donations as the chief way to support their 2020 bids.
The former New York City mayor has not qualified for the first Democratic debate of the year, which will take place on Tuesday, but will appear on CBS' "The Late Show with Stephen Colbert" immediately after the event.
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More than $73 million has been raised through Facebook for bushfire relief in Australia, as social media and new online platforms pave the way for…
Posted: at 4:53 am
Social media has been helping people all over the world raise funds and support for victims of the Australian bushfires.
Platforms like Facebook, Twitter and Instagram have been used to raise awareness of the bushfires and inform people of ways they can help.
Facebook has also been used as a way to donate funds to organisations working for bushfire relief, with the donations tool only launching in Australia last year.
Antonia Sanda, Head of Communications at Facebook Australia told Business Insider Australia in an email that more than $73 million ($US50 million) has been raised for fire relief through its platform, with donations and support coming in from more than 75 countries.
More than 19,000 fundraisers have been created on Facebook since November, supporting more than 250 non-profit organisations with relief and recovery efforts.
Comedian Celeste Barbers Facebook fundraiser for the Trustee for NSW Rural Fire Service & Brigades Donations Fund has raised over $50 million setting the record for the largest fundraiser on Facebook in the world.
People have also been raising funds for bushfire relief through GoFundMe pages, including celebrities Ellen DeGeneres and Aussie actor Dacre Montgomery.
Nicola Britton Regional Manager of GoFundMe Australia told Business Insider Australia in an email that since the bushfire season took force in November, more than 6,000 GoFundMe pages have been created. These have raised more than $23 million to support communities, wildlife and charities.
Since New Years Eve alone, 300,000 donations have raised $17 million towards bushfire relief efforts, Britton said.
The world is taking action. Donations have come from all corners of the globe, over 170 countries and every continent, including Antarctica, donating little and large on GoFundMe to make a big difference. Half of donations made to bushfire funds are $20 or less, collectively raising millions.
Four bushfire fundraisers are among the top ten biggest GoFundMe Australia pages of all time. These include pages for the Port Macquarie Koala Hospital, Kangaroo Island Koalas and wildlife fund, Fire Relief Fund for First Nations Communities and the fund for volunteer firefighters Geoffrey Keaton and Andrew ODwyer who lost their lives while on duty.
Britton highlighted how social media has made donating much faster and more efficient.
Both social media and technology are changing the way people give, making donating quicker and more efficient, Britton said. Those turning to GoFundMe are able to leverage the power of both their close-knit communities, and broader networks through social media, to tap into the selfless generosity of strangers who are chipping in to back those in need.
Our ongoing research shows time and time again that social proofing is an incredibly important trust factor when it comes to donating. So crowdfunding pages often spread initially through primary networks, who in turn share it with their own, enabling fundraisers to tap into networks of donors that would have remained difficult to reach in a world without technology.
Britton added that GoFundMe works with Trust and Safety experts to make sure the funds raised on the site go to the right people.
They engage with campaign organisers, as well as the final beneficiaries and charitable organisations, working closely with all stakeholders to verify all parties and ensure funds reach the right place, she said.
In cases where a campaign organiser is raising money on behalf of someone else, GoFundMe works to ensure the money goes directly into the beneficiarys bank account.
Social media, however, isnt always the best way to go about getting donations.
Dr Bronwen Dalton is the Head of the Department of Management and director of the Masters of Not-For-Profit and Community Program at the University of Technology Sydney. She told Business Insider Australia that while social media is a really important part of fundraising and campaigning for charities, physically it often raises the least amount.
The most effective way of fundraising is having a child in a uniform knock on your door, she said, giving the example of a scout for The Salvation Army. The conversion rate on that is like 80% because you wont get rid of them and also theyre a kid, so you pay them.
Dalton explained that the conversion rate is the number of times asked to the decision to donate.
She further explained the differences between the types of giving. With face to face giving, you are observed and judged, whereas with online giving, it can be anonymous. While people might share a lot and click, they donate only a minuscule proportion.
When it comes to the charities, Dalton said online fundraisers are cheap for them but many donations pages hardly raise funds.
Going online is cheap but the amount of those funds pages that dont have anything is really high, she said.
In order for these fundraisers to stand out, Dalton noted that it has to be an amazing campaign where you usually have to pay influencers or have a big brand name. And if you go viral, even better.
What contributed to Celeste Barbers fundraiser becoming so big, according to Dalton, is the cause and how people feel very passionate about it.
But Dalton said the bushfire fundraisers are an exception when it comes to giving through social media.
What Celeste Barber and so forth have done is fairly creative and theyve hit at a unique and desperate and unified point among Australians that are much more motivated, Dalton said. So this is more of the exception than the rule with social media but it has been effective.
While there has been a lot of money committed to these online campaigns, Dalton questioned how much people follow through with their donation payments.
I dont know if the moneys pledged or paid. Id like to see the money paid because theres a big drop off between pledging and paying, because theres no price to pay. Theres no social shame. No one knows.
Dalton explained there while there are myriad ways of raising money, the worst form of fundraising is via mail.
But she said face to face fundraising improves chances slightly. Thats why charities hire those chuggers, Dalton said, highlighting those people you try and avoid who stand on the street asking you for money for a charity. Dalton explained that it means charity mugger and warned against using them.
They are for-profit companies that hire backpackers, that try and get money out of you and get your credit card. They take $40 out a month [and] after two years, one of those dollars will go to the charity. The for-profits take all of the money for years. Its terrible.
Always give directly to a charity, never to these intermediaries.
Read more: Celeste Barbers bushfire fundraiser on Facebook is officially the largest in the platforms history, raising over $40 million
Read more: From Instagram comedian to a $45 million bushfire fundraiser: Heres what you need to know about Celeste Barber
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Podcast: The Overhype and Underestimation of Quantum Computing – insideHPC
Posted: January 12, 2020 at 11:50 pm
https://radiofreehpc.com/audio/RF-HPC_Episodes/Episode260/RFHPC260_QuantumQuantum.mp3In this podcast, the Radio Free HPC team looks at how Quantum Computing is overhyped and underestimated at the same time.
The episode starts out with Henry being cranky. It also ends with Henry being cranky. But between those two events, we discuss quantum computing and Shahins trip to the Q2B quantum computing conference in San Jose.
Not surprisingly, there is a lot of activity in quantum, with nearly every country pushing the envelop outward. One of the big concerns is that existing cryptography is now vulnerable to quantum cracking. Shahin assures us that this isnt the case today and is probably a decade away, which is another way of saying nobody knows, so it could be next week, but probably not.
We also learn the term NISQ which is a descriptive acronym for the current state of quantum systems. NISQ stands for Noisy Intermediate Scale Quantum computing. The conversation touches on various ways quantum computing is used now and where its heading, plus the main reason why everyone seems to be kicking the tires on quantum: the fear of missing out. Its a very exciting area, but to Shahin, it seems like how AI was maybe 8-10 years ago, so still early days.
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Bleeding edge information technology developments – IT World Canada
Posted: at 11:50 pm
What are some bleeding-edge information technology developments that a forward-thinking CIO should keep an eye on?
Here are a few emerging technologies that have caught my attention. These are likely to have an increasing impact on the world of business in the future. Consider which ones you should follow a little more closely.
A recent advance in quantum computing that a Google team achieved indicates that quantum computing technology is making progress out of the lab and closing in on practical business applications. Quantum computing is not likely to change routine business transaction processing or data analytics applications. However, quantum computing is likely to dramatically change computationally intense applications required for:
Since most businesses can benefit from at least a few of these applications, quantum computing is worth evaluating. For a more detailed discussion of specific applications in various topic areas, please read: Applying Paradigm-Shifting Quantum Computers to Real-World Issues.
Machine learning is the science of computers acting without software developers writing detailed code to handle every case in the data that the software will encounter. Machine learning software develops its own algorithms that discover knowledge from specific data and the softwares prior experience. Machine learning is based on statistical concepts and computational principles.
The leading cloud computing infrastructure providers machine learning routines that are quite easy to integrate into machine learning applications. These routines greatly reduce expertise barriers that have slowed machine learning adoption at many businesses.
Selected business applications of machine learning include:
For summary descriptions of specific applications, please read: 10 Companies Using Machine Learning in Cool Ways.
Distributed ledger technology is often called blockchain. It enables new business and trust models. A distributed ledger enables all parties in a business community to see agreed information about all transactions, not just their own. That visibility builds trust within the community.
Bitcoin, a cryptocurrency, is the mostly widely known example application of blockchain.
Distributed ledger technology has great potential to revolutionize the way governments, institutions, and corporations interact with each other and with their clients or customers.Selected business applications of distributed ledger technology include:
For descriptions of industry-specific distributed ledger applications, please read: 17 Blockchain Applications That Are Transforming Society.
The Industrial Internet of Things (IIoT) is a major advance on Supervisor Control and Data Acquisition (SCADA). SCADA, in many forms, has been used for decades to safely operate major industrial facilities including oil refineries, petrochemical plants, electrical power generation stations, and assembly lines of all kinds.
IIOT is a major advance over relatively expensive SCADA. IIoT relies on dramatically cheaper components including sensors, network bandwidth, storage and computing resources. As a result, IIoT is feasible in many smaller facilities and offers a huge increase in data points for larger facilities. Business examples where IIoT delivers considerable value include production plants, trucks, cars, jet engines, elevators, and weather buoys.
The aggressive implementation of IIoT can:
For summary descriptions of specific IIOT applications, please read: The Top 20 Industrial IoT Applications.
RISC-V is an open-source hardware instruction set architecture (ISA) for CPU microprocessors that is growing in importance. Its based on established reduced instruction set computer (RISC) principles. The open-source aspect of the RISC-V ISA is a significant change compared to the proprietary ISA designs of the dominant computer chip manufacturers Intel and Arm.
RISC-V offers a way around paying ISA royalties for CPU microprocessors to either of the monopolists. The royalties may not be significant for chips used in expensive servers or smartphones, but they are significant for the cheap chips required in large numbers to implement the IIOT applications listed above.
For an expanded discussion of RISC-V, please read: A new blueprint for microprocessors challenges the industrys giants.
What bleeding edge information technology developments would you add to this list? Let us know in the comments below.
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Bitcoin Remains Secure Regardless of IBM’s Quantum Computing Boost – Coin Idol
Posted: at 11:50 pm
Jan 12, 2020 at 10:20 // News
International Business Machines (IBM), an American multinational information technology firm, has managed to double the power of its quantum computer (QC) but this effort didnt break the encryption of Bitcoin (BTC), the original blockchain-based cryptocurrency.
During the CES 2020 conference that happened on January 8, the company revealed that it fruitfully completed a Quantum Volume (QV) of 32 with the help of its 28-qubit quantum PC called Raleigh.
In a nutshell, Quantum Volume is the metric used to define the intricacy of snags which can be deciphered and worked on by a QC. The QV can be employed to relate the performance of various quantum PCs and the information tech company has successfully doubled this value on a yearly basis, ever since 2016 (four years now).
The computer machines have for a good time been addressed as one of the powerful novelties happening within this very century, with budding applications in well-nigh every single sector such as healthcare, internet of things, artificial intelligence (AI), blockchain, financial modeling, etc.
Even though IBM's state-of-the-art advancements can be thought of as momentous progress, QCs can at this time only be applied for very definite errands, for instance, these machines are many miles in front of the universal classical PCs that we have been familiarly using. Per se, major fears have been developed thinking that these gadgets could be at one point in time be applied to break the cryptography employed to safeguard digital assets such as Bitcoin remain speculative, at any rate for the time being.
It is also claimed that since the system is designed completely around cryptographically protected transactions, then, it requires a much more powerful QC to crack and fissure the encryption that is applied to produce the private keys for BTC. As a matter of fact, as per the paper released in June 2017 by several authors including Martin Roetteler, the type of a quantum computer requires to command processing power of about 2,500 qubits in order to breakdown the 256-bit encryption being used by BTC.
Remember, the most powerful QC that we have now only has about 72-qubit processor, and this implies that it will take more time (in years) to touch encryption-intimidating levels. But that doesnt rule out the rate at which IBM and Google are trying to double the computing power year-in-year-out, hence becoming major threats to Bitcoin and the entire cryptocurrency community.
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Bitcoin Remains Secure Regardless of IBM's Quantum Computing Boost - Coin Idol
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Start-ups join Google, SpaceX and OneWeb to bring new technologies to space – CNBC
Posted: at 11:50 pm
Space X CEO Elon Musk
Photo by Kevork Djansezian
For a long time, American space exploration was a closed circle: There was just one customer, the U.S. government (NASA) and a handful of giant defense contractors. Then in 2008 Elon Musk's SpaceX put the first privately-financed rocket into orbit, Jeff Bezos' Blue Origin promised private flights, and space was suddenly a lively market with companies vying to put satellites and humans into orbit.
A decade later hundreds of start-ups have flocked to the space sector, bringing sophisticated technologies that include artificial intelligence, quantum computing, phased array radar, space-based solar power, "tiny" satellites and services that could not be imagined just a few years ago.
Space Angels, an early stage investor that also tracks investments in the sector, reported that venture capitalists invested $5 billion into space technologies in the first three quarters of 2019, putting the year on track to be the biggest year yet, with Blue Origin pulling in $1.4 billion from Bezos. Since 2009, said Chad Anderson, CEO of Space Angels, investors have poured nearly $24 billion into 509 companies.
Anderson said that SpaceX triggered the transformation not just by offering competition to NASA but publishing its prices for a launch. Before that revelation, space was really an opaque market, making it difficult for potential competitors to price their products. "It's been a really big decade for commercial space," said Anderson.
The largest amount of venture capital still goes into the most fundamental task: putting satellites into orbit. Anderson says 89 companies have received funding for so-called small-lift launch vehicles. These are companies promising to put payloads of up to 2,000 kilos (4,400 lbs) into low Earth orbit. Their focus is a new generation of small satellites such as those used by OneWeb and SpaceX's StarLink, which promise broadband internet access in even the most remote parts of the world by deploying "constellations" of hundreds or even thousands of tiny satellites.
Satellites have become so mainstream you can now buy a standard 4-in. by 4-in. "cubesat" kit online. All this activity could mean 20,000 to 40,000 satellites joining the 1,000 now in orbit over the next few years. "It's quickly becoming congested," Anderson said of the market for small-lift launch. Of the venture-backed rocket companies, SpaceX and Rocket Lab, with launch sites in New Zealand and Virginia, are making regular launches, although Richard Branson's Virgin Galactic is scheduled to begin flying its manned shuttle this year.
The sky is also getting crowded. Aside from the thousands of new satellites scheduled for launch, there is already a lot of clutter in space as many as 250,000 pieces of junk and debris circle the Earth. Up to now the U.S. Air Force has taken the lead role in tracking debris and warning satellite operators about possible collisions. But the military's tracking radar, with some components dating back to the cold war, can only detect pieces 10 cm (4 in.) across or larger. LeoLabs, a start-up based in Menlo Park, California, has developed an advanced radar system that can detect objects in orbit as small as 2 cm (less than an inch) long.
LeoLabs' Kiwi Space Radar was set up in Central Otago, New Zealand, in 2019. It is the first in the world to track space debris smaller than 10 cm.
LeoLabs
A tiny object traveling at several thousand miles an hour can cause severe damage to a satellite. LeoLabs enables customers to track their small satellites more easily and to safely move them to a new position. "That will take a lot of the collision risks off the table," says founder and CEO Dan Ceperley. His company has built phased array radars that steer the radar beam electronically faster than a traditional dish antenna in three locations: Alaska, Texas and New Zealand. To date, LeoLabs has raised $17 million from venture funds, including Marc Bell Capital Partners, Seraphim Capital and Space Angels.
Many of the 1,000 satellites now in orbit are engaged in observing Earth. They monitor the weather, humidity and temperature, among dozens of other phenomena, and capture millions of images. SkyWatch, based in Waterloo, Ontario, recently closed a $10 million round of funding led by San Francisco's Bullpen Capital to develop its service to make satellite data easily available to companies.
SkyWatch would handle licensing and payment for data through subscription fees, and companies could use its software to build their own apps for tasks such as tracking crops or assessing damage from natural disasters. SkyWatch CEO James Slifierz compares his timing to the aftermath of the creation of the global positioning system infrastructure. Once GPS was in place, civilian applications followed.
The growing flow of data from satellites has raised concerns about data security. SpeQtral, based in Singapore, plans to build encryption keys based on the laws of quantum physics to protect space-to-Earth communications. "The security of any communications is essential," says Chune Yang Lum, CEO of SpeQtral, which has raised a $1.9 million seed round led by Space Capital, the venture arm of Space Angels. Quantum encryption has been touted as practically unbreakable.
An illustration of the SPS-ALPHA (Solar Power Satellite by means of Arbitrarily Large Phased Array) transmitting energy to Australia. This approach, in concept phase, includes a series of enormous platforms positioned in space in high Earth orbit to continuously collect and convert solar energy into electricity.
SPS-ALPHA concept and illustration, courtesy John C. Mankins
Start-ups don't have a monopoly on developing new space applications. Tech giant Google has sought ways to commercialize its growing expertise in artificial intelligence and its vast computing power in the cloud. "We work with some of our largest and most transformative customers to do something epic," said Scott Penberthy, director of applied AI at Google Cloud.
He said Google Cloud has done a number of projects with NASA's Frontier Development Lab, including one that takes low-resolution photographs and combines them using AI to create a high-resolution image. Another proposal from Google would enable navigation on the moon's surface (which has no GPS) by having AI comparing an astronaut's surroundings with photos of the moon taken from space.
NASA is itself trying to benefit from the innovations brought by start-ups. In December, NASA's Ames Research Center announced a deal with the Founders Institute, a renowned start-up accelerator, to make some of its technology available to start-up entrepreneurs. In September 2019 the space agency announced the latest round of its Tipping Point Program, a public-private initiative, was distributing $43.2 million to 14 American companies whose technologies could contribute to NASA's plan for its Moon-to-Mars project. Participants include SpaceX, which will work on nozzles to refuel spaceships, and Blue Canyon Technologies, a Denver start-up developing autonomous navigation systems to enable small satellites to maneuver without communicating with "Earth."
In the past five years, NASA has awarded five groups of Tipping Point Awards, worth more than $120 million combined. Broadly speaking, a company or project selected for a tipping point award receives NASA resources up to a fixed amount, with the private side paying for at least 25% of the program's total costs. This allows NASA to shepherd the development of important space technologies while trying to save the agency money.
Despite the surge of cash, not all space projects find funding easily. John Mankins, a former NASA physicist, has long been an advocate of space-based solar power. Satellites would capture solar energy, convert it to microwaves and beam it down to Earth, where it would be converted into electricity. Mankins believes such a system taking advantage of recent technological advances can deliver electricity at a competitive price to areas of the world where power is expensive.
Mankins' company, Solar Space Technologies, has formed a joint venture with an Australian company to seek funding to supply power to remote parts of Australia with minimum impact on the environment. While the cost for space-based solar power may have been prohibitive in the past, Dr. Michael Shara, an astrophysicist at New York's Museum of Natural History, said "it really gets interesting" as costs come down.
Anderson, the Space Angels CEO, said venture capitalists hesitate to invest in space solar power because these are large infrastructure projects. "They require a significant amount of capex, and their paybacks are much longer than the typical 10-year lifetime of a venture capital fund." But as concern about climate change increases and the cost of putting "stuff" in orbit drops, clean energy from space may become an attractive entrepreneurial proposition.
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Start-ups join Google, SpaceX and OneWeb to bring new technologies to space - CNBC
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Google and IBM square off in Schrodingers catfight over quantum supremacy – The Register
Posted: at 11:50 pm
Column Just before Christmas, Google claimed quantum supremacy. The company had configured a quantum computer to produce results that would take conventional computers some 10,000 years to replicate - a landmark event.
Bollocks, said IBM - which also has big investments both in quantum computing and not letting Google get away with stuff. Using Summit, the world's largest conventional supercomputer at the Oak Ridge National Laboratories in Tennessee, IBM claimed it could do the same calculation in a smidge over two days.
As befits all things quantum, the truth is a bit of both. IBM's claim is fair enough - but it's right at the edge of Summit's capability and frankly a massive waste of its time. Google could, if it wished, tweak the quantum calculation to move it out of that range. And it might: the calculation was chosen precisely not because it was easy, but because it was hard. Harder is better.
Google's quantum CPU has 54 qubits, quantum bits that can stay in a state of being simultaneously one and zero. The active device itself is remarkably tiny, a silicon chip around a centimetre square, or four times the size of the Z80 die in your childhood ZX Spectrum. On top of the silicon, a nest of aluminium tickled by microwaves hosts the actual qubits. The aluminium becomes superconducting below around 100K, but the very coldest part of the circuit is just 15 millikelvins. At this temperature the qubits have low enough noise to survive long enough to be useful
By configuring the qubits in a circuit, setting up data and analysing the patterns that emerge when the superpositions are observed and thus collapse to either one or zero, Google can determine the probable correct outcome for the problem the circuit represents. 54 qubits, if represented in conventional computer terms, would need 254 bits of RAM to represent each step of the calculation, or two petabytes' worth. Manipulating this much data many times over gives the 10 millennia figure Google claims.
IBM, on the other hand, says that it has just enough disk space on Summit to store the complete calculation. However you do it, though, it's not very useful; the only application is in random number generation. That's a fun, important and curiously nuanced field, but you don't really need a refrigerator stuffed full of qubits to get there. You certainly don't need the 27,648 NVidia Tesla GPUs in Summit chewing through 16 megawatts of power.
What Google is actually doing is known in the trade as "pulling a Steve", from the marketing antics of the late Steve Jobs. In particular, his tour at NeXT Inc, the company he started in the late 1980s to annoy Apple and produce idiosyncratic workstations. Hugely expensive to make and even more so to buy, the NeXT systems were never in danger of achieving dominance - but you wouldn't know that from Jobs' pronouncements. He declared market supremacy at every opportunity, although in carefully crafted phrases that critics joked defined the market as "black cubic workstations running NeXTOS."
Much the same is true of Google's claim. The calculation is carefully crafted to do precisely the things that Google's quantum computer can do - the important thing isn't the result, but the journey. Perhaps the best analogy is with the Wright Brothers' first flight: of no practical use, but tremendous significance.
What happened to NeXT? It got out of hardware and concentrated on software, then Jobs sold it - and himself - to Apple, and folded in some of that software into MacOS development. Oh, and some cat called Berners-Lee built something called the World Wide Web on a Next Cube.
Nothing like this will happen with Google's technology. There's no new web waiting to be borne on the wings of supercooled qubits. Even some of the more plausible things, like quantum decryption of internet traffic, is a very long way from reality - and, once it happens, it's going to be relatively trivial to tweak conventional encryption to defeat it. But the raw demonstration, that a frozen lunchbox consuming virtually no power in its core can outperform a computer chewing through enough wattage to keep a small town going, is a powerful inducement for more work.
That's Google's big achievement. So many new and promising technologies have failed not because they could never live up to expectations but because they cant survive infancy. Existing, established technology has all the advantages: it generates money, it has distribution channels, it has an army of experts behind it, and it can adjust to close down challengers before they get going. To take just one company - Intel has tried for decades to break out of the x86 CPU prison. New wireless standards, new memory technologies, new chip architectures, new display systems, new storage and security ideas - year after year, the company casts about for something new that'll make money. It never gets there.
Google's "quantum supremacy" isn't there either, but it has done enough to protect its infant prince in its superconducting crib. That's worth a bit of hype.
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Charles Hoskinson Predicts Economic Collapse, Rise of Quantum Computing, Space Travel and Cryptocurrency in the 2020s – The Daily Hodl
Posted: at 11:50 pm
The new decade will unfurl a bag of seismic shifts, predicts the creator of Cardano and Ethereum, Charles Hoskinson. And these changes will propel cryptocurrency and blockchain solutions to the forefront as legacy systems buckle, transform or dissolve.
In an ask-me-anything session uploaded on January 3rd, the 11th birthday of Bitcoin, Hoskinson acknowledges how the popular cryptocurrency gave him an eye-opening introduction to the world of global finance, and he recounts how dramatically official attitudes and perceptions have changed.
Every central bank in the world is aware of cryptocurrencies and some are even taking positions in cryptocurrencies. Theres really never been a time in human history where one piece of technology has obtained such enormous global relevance without any central coordinated effort, any central coordinated marketing. No company controls it and the revolution is just getting started.
And he expects its emergence to coalesce with other epic changes. In a big picture reveal, Hoskinson plots some of the major events he believes will shape the new decade.
2020 Predictions
Hoskinson says the consequences of these technologies will reach every government service and that cryptocurrencies will gain an opening once another economic collapse similar to 2008 shakes the markets this decade.
I think that means its a great opening for cryptocurrencies to be ready to start taking over the global economy.
Hoskinson adds that hes happy to be alive to witness all of the changes he anticipates, including a reorganization of the media.
This is the last decade of traditional organized media, in my view. Were probably going to have less CNNs and Fox Newses and Bloombergs and Wall Street Journals and more Joe Rogans, especially as we enter the 2025s and beyond. And I think our space in particular is going to fundamentally change the incentives of journalism. And well actually move to a different way of paying for content, curating content.
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Were approaching the limits of computer power we need new programmers now – The Guardian
Posted: at 11:50 pm
Way back in the 1960s, Gordon Moore, the co-founder of Intel, observed that the number of transistors that could be fitted on a silicon chip was doubling every two years. Since the transistor count is related to processing power, that meant that computing power was effectively doubling every two years. Thus was born Moores law, which for most people working in the computer industry or at any rate those younger than 40 has provided the kind of bedrock certainty that Newtons laws of motion did for mechanical engineers.
There is, however, one difference. Moores law is just a statement of an empirical correlation observed over a particular period in history and we are reaching the limits of its application. In 2010, Moore himself predicted that the laws of physics would call a halt to the exponential increases. In terms of size of transistor, he said, you can see that were approaching the size of atoms, which is a fundamental barrier, but itll be two or three generations before we get that far but thats as far out as weve ever been able to see. We have another 10 to 20 years before we reach a fundamental limit.
Weve now reached 2020 and so the certainty that we will always have sufficiently powerful computing hardware for our expanding needs is beginning to look complacent. Since this has been obvious for decades to those in the business, theres been lots of research into ingenious ways of packing more computing power into machines, for example using multi-core architectures in which a CPU has two or more separate processing units called cores in the hope of postponing the awful day when the silicon chip finally runs out of road. (The new Apple Mac Pro, for example, is powered by a 28-core Intel Xeon processor.) And of course there is also a good deal of frenzied research into quantum computing, which could, in principle, be an epochal development.
But computing involves a combination of hardware and software and one of the predictable consequences of Moores law is that it made programmers lazier. Writing software is a craft and some people are better at it than others. They write code that is more elegant and, more importantly, leaner, so that it executes faster. In the early days, when the hardware was relatively primitive, craftsmanship really mattered. When Bill Gates was a lad, for example, he wrote a Basic interpreter for one of the earliest microcomputers, the TRS-80. Because the machine had only a tiny read-only memory, Gates had to fit it into just 16 kilobytes. He wrote it in assembly language to increase efficiency and save space; theres a legend that for years afterwards he could recite the entire program by heart.
There are thousands of stories like this from the early days of computing. But as Moores law took hold, the need to write lean, parsimonious code gradually disappeared and incentives changed. Programming became industrialised as software engineering. The construction of sprawling software ecosystems such as operating systems and commercial applications required large teams of developers; these then spawned associated bureaucracies of project managers and executives. Large software projects morphed into the kind of death march memorably chronicled in Fred Brookss celebrated book, The Mythical Man-Month, which was published in 1975 and has never been out of print, for the very good reason that its still relevant. And in the process, software became bloated and often inefficient.
But this didnt matter because the hardware was always delivering the computing power that concealed the bloatware problem. Conscientious programmers were often infuriated by this. The only consequence of the powerful hardware I see, wrote one, is that programmers write more and more bloated software on it. They become lazier, because the hardware is fast they do not try to learn algorithms nor to optimise their code this is crazy!
It is. In a lecture in 1997, Nathan Myhrvold, who was once Bill Gatess chief technology officer, set out his Four Laws of Software. 1: software is like a gas it expands to fill its container. 2: software grows until it is limited by Moores law. 3: software growth makes Moores law possible people buy new hardware because the software requires it. And, finally, 4: software is only limited by human ambition and expectation.
As Moores law reaches the end of its dominion, Myhrvolds laws suggest that we basically have only two options. Either we moderate our ambitions or we go back to writing leaner, more efficient code. In other words, back to the future.
What just happened?Writer and researcher Dan Wang has a remarkable review of the year in technology on his blog, including an informed, detached perspective on the prospects for Chinese domination of new tech.
Algorithm says noTheres a provocative essay by Cory Doctorow on the LA Review of Books blog on the innate conservatism of machine-learning.
Fall of the big beastsHow to lose a monopoly: Microsoft, IBM and antitrust is a terrific long-view essay about company survival and change by Benedict Evans on his blog.
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Were approaching the limits of computer power we need new programmers now - The Guardian
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AI, ML and quantum computing to cement position in 2020 – Tech Observer
Posted: at 11:50 pm
From the emerge of cognitive intelligence, in-memory-computing, fault-tolerant quantum computing, new materials-based semiconductor devices, to faster growth of industrial IoT, large-scale collaboration between machines, production-grade blockchain applications, modular chip design, and AI technologies to protect data privacy, more technology advancements and breakthroughs are expected to gain momentum and generate big impacts on our daily life.
We are at the era of rapid technology development. In particular, technologies such as cloud computing, artificial intelligence, blockchain, and data intelligence are expected to accelerate the pace of the digital economy, said Jeff Zhang, Head of Alibaba DAMO Academy and President of Alibaba Cloud Intelligence.
The following are highlights from the Alibaba DAMO Academy predictions for the top 10 trends in the tech community for this year:
Artificial intelligence has reached or surpassed humans in the areas of perceptual intelligence such as speech to text, natural language processing, video understanding etc. but in the field of cognitive intelligence that requires external knowledge, logical reasoning, or domain migration, it is still in its infancy. Cognitive intelligence will draw inspiration from cognitive psychology, brain science, and human social history, combined with techniques such as cross domain knowledge graph, causality inference, and continuous learning to establish effective mechanisms for stable acquisition and expression of knowledge. These make machines to understand and utilize knowledge, achieving key breakthroughs from perceptual intelligence to cognitive intelligence.
In Von Neumann architecture, memory and processor are separate and the computation requires data to be moved back and forth. With the rapid development of data-driven AI algorithms in recent years, it has come to a point where the hardware becomes the bottleneck in the explorations of more advanced algorithms. In Processing-in-Memory (PIM) architecture, in contrast to the Von Neumann architecture, memory and processor are fused together and computations are performed where data is stored with minimal data movement. As such, computation parallelism and power efficiency can be significantly improved. We believe the innovations on PIM architecture are the tickets to next-generation AI.
In 2020, 5G, rapid development of IoT devices, cloud computing and edge computing will accelerate the fusion of information system, communication system, and industrial control system. Through advanced Industrial IoT, manufacturing companies can achieve automation of machines, in-factory logistics, and production scheduling, as a way to realize C2B smart manufacturing. In addition, interconnected industrial system can adjust and coordinate the production capability of both upstream and downstream vendors. Ultimately it will significantly increase the manufacturers productivity and profitability. For manufacturers with production goods that value hundreds of trillion RMB, if the productivity increases 5-10%, it means additional trillions of RMB.
Traditional single intelligence cannot meet the real-time perception and decision of large-scale intelligent devices. The development of collaborative sensing technology of Internet of things and 5G communication technology will realize the collaboration among multiple agents machines cooperate with each other and compete with each other to complete the target tasks. The group intelligence brought by the cooperation of multiple intelligent bodies will further amplify the value of the intelligent system: large-scale intelligent traffic light dispatching will realize dynamic and real-time adjustment, while warehouse robots will work together to complete cargo sorting more efficiently; Driverless cars can perceive the overall traffic conditions on the road, and group unmanned aerial vehicle (UAV) collaboration will get through the last -mile delivery more efficiently.
Traditional model of chip design cannot efficiently respond to the fast evolving, fragmented and customized needs of chip production. The open source SoC chip design based on RISC-V, high-level hardware description language, and IP-based modular chip design methods have accelerated the rapid development of agile design methods and the ecosystem of open source chips. In addition, the modular design method based on chiplets uses advanced packaging methods to package the chiplets with different functions together, which can quickly customize and deliver chips that meet specific requirements of different applications.
BaaS (Blockchain-as-a-Service) will further reduce the barriers of entry for enterprise blockchain applications. A variety of hardware chips embedded with core algorithms used in edge, cloud and designed specifically for blockchain will also emerge, allowing assets in the physical world to be mapped to assets on blockchain, further expanding the boundaries of the Internet of Value and realizing multi-chain interconnection. In the future, a large number of innovative blockchain application scenarios with multi-dimensional collaboration across different industries and ecosystems will emerge, and large-scale production-grade blockchain applications with more than 10 million DAI (Daily Active Items) will gain mass adoption.
In 2019, the race in reaching Quantum Supremacy brought the focus back to quantum computing. The demonstration, using superconducting circuits, boosts the overall confidence on superconducting quantum computing for the realization of a large-scale quantum computer. In 2020, the field of quantum computing will receive increasing investment, which comes with enhanced competitions. The field is also expected to experience a speed-up in industrialization and the gradual formation of an eco-system. In the coming years, the next milestones will be the realization of fault-tolerant quantum computing and the demonstration of quantum advantages in real-world problems. Either is of a great challenge given the present knowledge. Quantum computing is entering a critical period.
Under the pressure of both Moores Law and the explosive demand of computing power and storage, it is difficult for classic Si based transistors to maintain sustainable development of the semiconductor industry. Until now, major semiconductor manufacturers still have no clear answer and option to chips beyond 3nm. New materials will make new logic, storage, and interconnection devices through new physical mechanisms, driving continuous innovation in the semiconductor industry. For example, topological insulators, two-dimensional superconducting materials, etc. that can achieve lossless transport of electron and spin can become the basis for new high-performance logic and interconnect devices; while new magnetic materials and new resistive switching materials can realize high-performance magnetics Memory such as SOT-MRAM and resistive memory.
Abstract: The compliance costs demanded by the recent data protection laws and regulations related to data transfer are getting increasingly higher than ever before. In light of this, there have been growing interests in using AI technologies to protect data privacy. The essence is to enable the data user to compute a function over input data from different data providers while keeping those data private. Such AI technologies promise to solve the problems of data silos and lack of trust in todays data sharing practices, and will truly unleash the value of data in the foreseeable future.
With the ongoing development of cloud computing technology, the cloud has grown far beyond the scope of IT infrastructure, and gradually evolved into the center of all IT technology innovations. Cloud has close relationship with almost all IT technologies, including new chips, new databases, self-driving adaptive networks, big data, AI, IoT, blockchain, quantum computing and so forth. Meanwhile, it creates new technologies, such as serverless computing, cloud-native software architecture, software-hardware integrated design, as well as intelligent automated operation. Cloud computing is redefining every aspect of IT, making new IT technologies more accessible for the public. Cloud has become the backbone of the entire digital economy.
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