2016 was a banner year for artificial intelligence. Alpha Go’s victory over Lee Sedol was perhaps one of the most important, but we saw advancements in self-driving cars, the continued embrace of bots and personal assistants for retail, adoption and competition around in-house assistants like Amazon Echo, along with frequent, sometimes weekly, breakthroughs on the academic side, mainly relating to machine learning. With the biggest tech companies in the world–Google, Facebook, Amazon, Microsoft, and others–devoting more and more resources to AI, the momentum is going to increase.
The virtual currency has continued its breathtaking rise surging past $1,000, after already winning the crown of the best-performing currency in 2016 by more than doubling its value in the course of the year.
A few months ago The Washington Post reported that Facebook collects 98 data points on each of its nearly 2 billion users. Among this 98 are ethnicity, income, net worth, home value, if you are a mother, if you are a soccer mom, if you are married, the number of lines of credit you have, if you are interested in Ramadan, when you bought your car, and on and on and on.
No one can predict how the future will shake out, but we can make some educated guesses. Get ready to step into the future.
The internet is about to become a vicious, chaotic battlefield, and Elon Musk says advanced A.I. could make the carnage even worse. According to a short exchange on Musk’s Twitter today, the systems that keep the internet running are particularly vulnerable to simple, brute-force computing attacks — the kind of cyberwarfare that artificial intelligence excel at.
Venezuela’s currency has lost so much of its value that people have given up on counting the notes—they just weigh piles of cash. So far this year, the bolívar has lost nearly half its value compared to the dollar, while inflation has shot up as much as 15 times. That’s according to best estimates, since official data isn’t available.
Over the past year or two, someone has been probing the defenses of the companies that run critical pieces of the Internet. These probes take the form of precisely calibrated attacks designed to determine exactly how well these companies can defend themselves, and what would be required to take them down. We don’t know who is doing this, but it feels like a large nation state. China or Russia would be my first guesses.
IBM’s previously announced work intersecting blockchain and AI is moving forward with the establishment of a new office in Germany.
The announcement is part of a broader technology push initiated this week by IBM, which is investing $200m to fuel its internet of things (IoT) efforts.
Bitcoin is the virtual currency that everyone is talking about. There are now 15.5 million Bitcoins in circulation. But it’s not the only option out there in the crypto-world. Like Bitcoin, there are coins available to be mined and, eventually, there can be multiple options to be traded on the open market and used to purchase goods and services.
One such virtual currency is OneCoin, run by Dr. Ruja Ignatova which is set to drive the industry forward.
Hacking is most certainly a two way street. The developers behind Ethereum launched an assault on an anonymous hacker that stole at least $89 million through its network.
I’ve been interested in bitcoin (BTC) as a concept since its inception. However, I considered bitcoin more of a cryptographic experiment than something that could affect my daily life.
Even in 1981 inventors were trying to solve the Internets problems of privacy, security and inclusion with cryptography. With every new process, no solution was perfect, because a third party was involved. Paying with credit card was insecure because too much personal information was involved and transaction fees were steep. In 1998, Nick Szabo wrote a short paper entitled “The God Protocol” in which his point was: Doing business on the Internet requires a leap of faith.