Seven Reasons Why the Value of Human Life is Increasing Exponentially

Posted by FuturistSpeaker on September 14th, 2014

What’s the value of a human life?

For some of you this is a very disconcerting question because it attempts to put a dollar value on a person, something we value in far different ways.

But that is exactly what governments and businesses find themselves doing on a daily basis. Every time an insurance company calculates their premiums, militaries plan their budget, or juries calculate an award in a product liability case, the value of human life is a central part of their decisions.

In fact, the value of people is a subconscious calculation that we all make on a daily basis. Each of the following statements will indicate a value judgment happening in the back of our mind:

  • If I take this training my salary will go up.
  • When the mayor died, his estate was worth millions.
  • As a single mother raising 7 children, she left a tremendous legacy.

Much like adding an adjustment for inflation, cost of living increase, or adding a premium for brand name anything, we are constantly readjusting our sense of life’s value in our mind.

To some, the difference in value between a homeless person in Indonesia and the President of the United States may be well over $1 trillion. To others, they should be considered equal.

Seven global shifts are currently underway causing the underlying value of human life to move up the exponential growth curve, and along with it, a massive reassessment of corporate decision-making is about to begin. 

Here is why this will become such a huge factor over the coming years.

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192 Future Uses for Flying Drones

Posted by FuturistSpeaker on September 2nd, 2014

The thought occurred to me that mounting a video projector to a flying drone could give it unusual capabilities. 

My first idea was to use it for special effects at a concert or major indoor event. But a device like this could also be used for spot advertising – creating momentary images on the sidewalk or parking lot; subliminal advertising – suggesting a variety of products or services inside graphic images; emergency rescue – displaying a series of arrows to help someone lost in a forest; or image masking – to disguise someone’s body and facial features to prevent them from being monitored. 

This line of thinking started me down several dozen new paths almost instantly.

Drones can be low flying, high flying, tiny or huge, silent or noisy, super-visible or totally invisible, your best friend or your worst enemy.

We can add lights, sound, cameras, microphones, sensors, robotic arms, wave cancellation technology, or wave enhancement technology.

Simply adding a robotic display will enable us to fly in and have a private video conversation with someone on the other side of the world.

Flying drones can also roll along the ground, stick to the side of a building, float in a river, dive under water, jump onto a building, climb a tree, or attach themselves like parasites to the sides of trains, ships, and airplanes.

One moment they can be hovering in front of you and the next they can fly off at the speed of sound, disappearing into the clouds.

Combining all these capabilities, attributes, and special features into one single device will open up a world of possibilities unlike anything before in all history.

Join me as we step into the magical world ahead being unleashed with this amazing new technology – flying drones.

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When it comes to jobs, why is this time different?

Posted by FuturistSpeaker on August 26th, 2014

In 1964, and open letter was drafted and sent to President Johnson, warning him of the coming Triple Revolution.

The letter was composed and signed by 35 members of the “Ad Hoc Committee on the Triple Revolution,” which include luminaries like Nobel Chemist, Linus Pauling; civil rights activist, Tom Hayden; and Swedish Nobel Economist, Gunnar Myrdal.

The letter focused on three revolutions taking place at the time:

  1. Cybernation Revolution – increasing automation
  2. Weaponry Revolution – mutually assured destruction
  3. Human Rights Revolution – growing civil unrest

While the letter talked about all three issues, it focused primarily on the Cybernation Revolution where they predicted that machines would cause massive new unemployment:

“A new era of production has begun. Its principles of organization are as different from those of the industrial era as those of the industrial era were different from the agricultural. The cybernation revolution has been brought about by the combination of the computer and the automated self-regulating machine. This results in a system of almost unlimited productive capacity which requires progressively less human labor. Cybernation is already reorganizing the economic and social system to meet its own needs.”

Of particular interest to me was the work of one of the signers, Robert Theobald, a futurist who had written extensively on the economics of abundance and his advocacy of a Basic Income Guarantee. These are the same topics being discussed by those today who fear massive technological unemployment in the years ahead.

Even though this 1964 warning of a Triple Revolution registered little more than a tiny blip on the radar screen of history, computers have dramatically changed the jobs landscape as well as the skills required to perform those jobs.

Today we are seeing many voice similar concerns about technological unemployment, where computers, robots, and machines are automating our jobs out of existence. In fact, some have gone so far as to call this the “robot jobs Armageddon.” 

So is this time truly different? Here are six overarching shifts in the world that are causing many to say, “Yes, this time may really be different!”

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When Everyone Becomes Blackmailable

Posted by FuturistSpeaker on July 20th, 2014

On a recent driving trip, my wife and I became immersed in the audio version of one of Tom Clancy’s last novels titled, “Threat Vector.” Without giving away too much of the plot, a Chinese super-geek villain has hatched a plan to hack into our most secure networks and blackmail people with their darkest secrets to subversively cause chaos and disruption for the American government.

While most good authors have devious ways of thinking like a criminal, Clancy does an exceptional job of crafting this storyline as a plausible threat. 

For many of us, our reputation is one of the most important aspects of our lives. It’s central to everything we do.

Every time a TV courtroom drama plays out, whether it’s a trial featuring Eliot Spitzer, Martha Stewart, Clarence Thomas, or Monica Lewinsky, we instantly identify with the most embarrassing pieces of the testimony because it could easily be us. We are all terminally human, with enough of our own character flaws to make us the center character of a juicy reality show.

Recent revelations about the NSA PRISM program make this kind of paranoia even more justifiable. Virtually any person, put under a microscope, can be threatened with his or her own character flaws. 

But an even greater danger comes from knowing personal weaknesses, and in most cases, it’s the person or thing we care about most. People seeking leverage always want to know the one button they can push, and whether it’s a child, parent, valuable possession, or their reputation, one well-crafted threat can be instant blackmail. 

In much the same way Google’s personalized marketing system delivers targeted ads, an intimidation engine will be capable of delivering highly targeted threats.

As cyber crime escalates, we run the risk of having our social structures deteriorate into invisible mafia-style communities with the blackmailers ruling the blackmailees, and few, if any, capable of understanding the behind-the-scenes turf wars? 

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The Laws of Exponential Capabilities

Posted by FuturistSpeaker on July 14th, 2014

When people like Google CEO, Larry Page, Virgin’s Richard Branson, and X-Prize Foundation CEO, Peter Diamandis, talk about us entering into a period of abundance, there has been a natural tendency to assume we’ll be entering into a life of leisure. People won’t have to work as hard and we will all have more time for travel, vacations, and play. 

Yes, we are entering into a world where driverless vehicles will eliminate millions of driving positions; robotic systems will work relentlessly day and night eliminating millions of manufacturing, welding, painting, and assembly positions; and things that seemed impossible to automate in the past will have computers and machines replacing people’s jobs. 

With these types of automation and AI (artificial intelligence) replacing human involvement, the discussion has focused on solutions like shared jobs, micro employment, and guaranteed income.

While those may be options, there’s also great danger in preparing for “slacker lifestyles” where people feel less significant, less certain about their future, and less connected to the value they have to offer. As a society we risk becoming soft and lazy.

There is great value in the human struggle, and when we fail to be challenged, our best-laid plans tend to fall apart at the seams.

Today, the amount of time it takes to build ships and skyscrapers, create massive data storage centers for all our growing volumes of information, or produce global wireless networks for all our devices has dropped significantly. But along with each of these drops is a parallel increase in our capabilities and our expectations.

For these reasons, I’d like to reframe the discussion by proposing the following “Laws of Exponential Capabilities”:

LAW #1: With automation, every exponential decrease in effort creates an equal and opposite exponential increase in capabilities.

LAW #2: As today’s significant accomplishments become more common, mega-accomplishments will take their place.

LAW #3: As we raise the bar for our achievements, we also reset the norm for our expectations. 

Here’s why this is so critically important.

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The Growing Dangers of Technological Unemployment and the Re-Skilling of America

Posted by FuturistSpeaker on July 6th, 2014

In March, when Facebook announced the $2 billion acquisition of Oculus Rift, they not only put a giant stamp of approval on the technology, but they also triggered an instant demand for virtual reality designers, developers, and engineers.

Virtual reality professionals were nowhere to be found on the list of hot skills needed for 2014, but they certainly will be for 2015.

The same was true when Google and Facebook both announced the acquisition of solar powered drone companies Titan and Ascenta respectively. Suddenly we began seeing a dramatic uptick in the need for solar-drone engineers, drone-pilots, air rights lobbyists, global network planners, analysts, engineers, and logisticians.

Bold companies making moves like this are instantly triggering the need for talented people with skills aligned to grow with these cutting edge industries.

Whether its Tesla Motors announcing the creation of a fully automated battery factory; Intel buying the wearable tech company Basic Science; Apple buying Dr. Dre’s Beats Electronics; or Google’s purchase of Dropcam, Nest, and Skybox, the business world is forecasting the need for radically different skills than colleges and universities are preparing students for.

In these types of industries, it’s no longer possible to project the talent needs of business and industry 5-6 years in advance, the time it takes most universities to develop a new degree program and graduate their first class. Instead, these new skill-shifts come wrapped in a very short lead-time, often as little as 3-4 months.

Last month, Udacity’s founder, Sebastian Thrun, announced his solution, the NanoDegree, where short-course training is carefully aligned with hiring companies, and virtually everyone graduating within the initial demand period is guaranteed a job.

Udacity’s NanoDegrees are very similar to the Micro College programs being developed by the DaVinci Institute that can rapidly respond to swings in the corporate training marketplace. More about DaVinci’s Micro College plans in the coming weeks.

Here’s why NanoDegrees and Micro Colleges are about to become the hottest of all the hot topics for career-shifting people everywhere.

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Disrupting Government – Why Countries Will Soon Have to Compete for their Citizens

Posted by FuturistSpeaker on June 26th, 2014

In 2002, Roger Ver was honing his entrepreneurial skills by selling products on eBay. It was in the aftermath of the Twin Towers disaster when one of his products called “Pest Control Report 2000” hit the radar of Homeland Security and he was charged and convicted of selling 14 pounds of explosives without a license.

He dismisses the product as little more than a “firecracker to scare birds from cornfields,” but ended up serving 10 months in federal prison.

While his computer-parts business made him a millionaire by age 25, Ver became truly wealthy after investing tens of thousands in Bitcoin in 2011, a crypto-currency that he bought for $1 each and trades in the neighborhood of $600 today.

Now, at age 35, Roger Ver has adopted the moniker “Bitcoin Jesus” and is one of the currency’s most ardent supporters as well as a major investor in Bitcoin startups. 

At the same time, he has another agenda. He is now traveling the world, explaining to wealthy people everywhere how they can invest as little as $400,000 in the Caribbean island nation of St. Kitt and become a citizen there. 

After finishing his probation in 2006, Ver moved to Tokyo to stay off of the radar of U.S. officials. Earlier this year, on Feb 13, 2014, he got his St. Kitt’s passport, and renounced his U.S. citizenship that same month. 

“I didn’t hurt anybody. I had nothing but happy customers, and the U.S. government locked me in a cage,” he said. “So I want nothing to do with those people. I don’t want to support them. I want them out of my life.”

St. Kitt has become a magnet for wealthy people around the world because they only require an investment, not residency, to gain citizenship.

With transportation systems growing more efficient, and intrusive technologies leaving many feeling hyper-exposed and alienated by their government, conditions are now ripe for a massive wave of governmental disruption where wealthy individuals choose to “vote with their feet,” and abandon their home country.

Here’s why a massive shift is about to occur, that will force countries to compete for their own citizens.

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Artificial Intelligence will be Crashing the Stock Market in 3, 2, 1…

Posted by FuturistSpeaker on June 12th, 2014

A few weeks ago, Stephen Hawking opened the world’s eyes to the dangers of Artificial Intelligence (AI), warning that it has the potential of outsmarting humans in the financial markets. But few people realize that we are already in imminent danger of this happening.

The stock market is a system for assigning value to companies through the buying and selling of stock. It’s a human-based system, assigning human value, to corporations owned and operated by humans. Well, at least that is how it was supposed to work until the machines started taking over. 

In the 1960′s, an average share of stock was held 4 years. By 2000, average ownership dropped to 8 months, and in 2008 it dropped even further to 2 months.

Today the average share is held a scant 20 seconds and within a few months, it will drop to less than 10 seconds. 

At the center of this rapid buying and selling of stock are a series of high-frequency trading machines run by the quants, the math-whiz kids who are a type of hackers only on Wall Street.

Without having people at the center of these trades, we have lost the core ingredient, our ability to accurately assess value. 

The invasion of high-frequency trading machines is now forcing capitalism far away from anything either Adam Smith or the founders of the NYSE could possibly find virtuous. 

We’re not about to let robots compete in the Olympics, driverless cars race in the Indianapolis 500, or automated machines play sports like football, basketball, or baseball. So why is it we allow them to play a role in the most valuable contest of all, the world wide stock exchange? 

With crude forms of AI now entering the quant manipulator’s toolbox, we are now teetering dangerously close to a total collapse of the stock market, one that will leave many corporations and individuals financially destitute. 

Here is why this should be ringing alarm bells all over the world.

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How Long Before I Can 3D Print a Replacement Body for Myself?

Posted by FuturistSpeaker on May 22nd, 2014

A couple weeks ago I turned 60. I remember how old 60 was when I was a kid, and now I’m here.

As a person who spends a lot of time asking “what if” questions, constantly thinking about extreme possibilities, the notion of 3D printing a replacement body for myself became very intriguing.

I remember seeing science fiction movies where cloned bodies were grown over long periods of time, and more recent ones with accelerated cloning technology, but the 3D printing of replacement bodies is a faster option, just now coming into view.

Bioprinting is the process of using 3D printers to form human tissue. This process that has already been used to print replacement kidneys, bladders, livers, skin, bones, teeth, noses, and ears, as well as prosthetic arms and legs. This is a list that didn’t even exist 5 years ago, but is now growing on a regular basis.

As incomprehensible as it may sound today, printing an entire replacement body for myself may only be a decade or two away. But it is also a topic steeped in massive controversy, with moral, spiritual, and ethical implications that we haven’t even begun to debate.

Once again, this is an area of science with a quickly escalating race to be first. The first person to 3D an entire human body will very likely win the Nobel Prize in Medicine and will be invited to all the world’s A-list functions. So who wouldn’t want win this race.

With this swirling cauldron of competing forces in play, I’m pretty sure I’m not the only one who would relish the opportunity to move into an 18-20 year old version of my own body. Yet, at the same time, this technology will be opening the mother of all cans of worms. Here’s why.

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Disposable Houses

Posted by FuturistSpeaker on April 24th, 2014

 

Disposable housing will blindside the real estate industry
in virtually every country on earth

When it comes to doing something first, and winning the technology race, there are typically no official forms to fill out, no rulebooks, no judges, and certainly no deadlines.

In fact, when it came to using 3D printers to print an entire house, a process known as contour crafting, only a small number of people actually knew how important this race really was.

During the past few years, I watched as several groups worked feverishly to have their names emblazoned in the annuls of history, but I was surprised when an unknown company in Shanghai, China claimed victory using an alternative approach I hadn’t even considered.

While other groups were preparing to print their houses on location, the Chinese team came up with a modular approach, printing all of the components inside a large factory, and transporting and assembling the houses at their final destination.

With this approach, the WinSun Decoration Design Engineering Company not only printed a house in a day, they completed 10 houses in a single day using a massive printer that was 490 feet long, 33 feet wide, and 20 feet deep. 

The ‘ink’ used was made of recycled construction materials, industrial waste and tailings, and according to Architect’s Newspaper, each of these homes cost around $4,800. 

No, they’re not ornate mansions with lots of decorative trim. Some would even say they’re ugly. But they represent the first of an entirely new wave of housing – inexpensive, durable home that can be produced in only a few hours for very little money. This process is perfect for fabricating homes for the poor and homeless, a major issue in China, as well as virtually every other nation on earth.

Ugly or not, WinSun won the first phase of this undeclared competition, and is now putting together plans to build 100 factories in China to “collect and transform” construction waste into aggregate for its machines.

The most important feature, at least in my mind, is that these houses can just as easily be ground up a second, third, or fourth time, and be reprinted as an entirely new home. They are, in fact, disposable houses that will fit very well with the nomadic lifestyles of future generations.

Here’s why this will be such a massively disruptive technology.

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