Oct 3, 2022
Innovation Intelligence Review #57
AI: 1️⃣ Previously Non-Existing Works; 2️⃣ The AI NIST Risk Management Framework; CBDC France, De-Fi As Opportunity; China, New Financial…
This Week:
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- AI: 1️⃣ Previously Non-Existing Works; 2️⃣ The AI NIST Risk Management Framework;
- CBDC France, De-Fi As Opportunity
- China, New Financial Regulatory Purposes
- Cryptocurrencies To Survive
- Cryptoeconomy, DAO And Companies, Vitalik Buterin’s Point of View On Application Areas
- Hardware, An Underwater Camera Battery-Free
- Jurisdictional Havens: 1️⃣ An English Bill On The Transparency Of Companies; 2️⃣ The New EU’s Map
- A Predictive Project For Intelligence by IARPA
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- Essay 🧐: 1️⃣ AI And The Living Dead: A Delicate Speech; 2️⃣ Cognitive Self-Awareness And Communication With Dolphins
- Funny 😀 1,900 Japanese Bureaucratic Procedures Still Use Floppy Disks
AI 1️⃣, one of the debates that has been raging for years in any kind of magazine is that of the consequences of AI on the labor market. The main bias that vitiates the arguments is that innovation develops new paths that cannot be predicted or imagined: the development of the Internet, from the 980s to the present, is a perfect testimony to this. A current example is with text2image: use a platform like Dall-E, which is available to all, to describe the image you want the AI to produce. The writing of the text must have special arrangements (it must be understood by the machine) and, most importantly, it must undergo successive refinements to get a result that satisfies us. So here is a job that did not exist a year ago, the professional text writer for text2image. A trivial example, which may be history six months from now, but which currently encapsulates entirely new mktg, copyright and potential development issues, innovation intelligence by The Verge
AI 2️⃣ risk management framework, the Nist has always done an exceptional job when it comes to predicting and codifying risk management frameworks (RMFs) on technologies not yet defined in their effects. We have already seen this here when discussing the risks of cryptographic breakage due to quantum computing. In AI, NIST’s RMF formation process is more advanced than in quantum, and the initial draft is undergoing substantial implementations. Fundamental for those involved in innovation intelligence, innovation intelligence by NIST
CBDC France, unlike the Taliban of the ECB, led in the specific matter by the Italian Taliban, France sees in the crtptoeconomy and its financial development, De-Fi, an opportunity for central banks to exploit (as many other countries). The conclusions of the First Deputy Governor in a conference of the Bank of France on the subject are clear in this sense: the opportunities are so evident and advantageous that the country assumes its own interbank CBDC projects to facilitate the technical dialogue with the new internal and external intermediaries, crypto intelligence by Banque de France
China and financial rules, China in the last year and a half has encountered two financial crises, caused by non-banking operators. Even if the two operators were among the largest on the market, the system logically held up but the problem triggered capital flight and the need to review the regulation in a prudential sense. Therefore, in view of the next Congress of the Popular Party, here are the guidelines suggested by the Central Bank from a macro perspective, finance intelligence by China Finance
Cryptocurrencies to survive, return to the concept, which many regulators struggle to grasp, that cryptocurrencies are useful for surviving in contexts where human rights, for economic and political reasons, matter little. Their usefulness stems from the fact that they are outside those economic and financial systems of which regulators are a part, and because of this, they themselves become a powerful tool for the digital preservation of corresponding human rights. This time it is the case in Myanmar, the subjects are those who oppose the regime, and the solution offered by cryptos is their financing and survival, human digital rights by Rest of World
Cryptoeconomy, Vitalik Buretin analyzes three application areas of the management of autonomous organizations through DAO: decentralization for making better decisions in concave environments, for censorship resistance and as credible fairness. The analysis in some steps is optimistic, if compared with the application results obtained so far, but useful from a perspective optics, crypto intelligence by Vitalik Buretin
Hardware, an interesting underwater camera project has been published in Nature Communication. The uniqueness of the device is that it works without a battery and it is based on the pizoelectric principle caused by sound waves transmitted through water, to follow in the developments, innovation intelligence by Nature
Jurisdictional havens 1️⃣, the ‘Economic Crime and Corporate Transparency Bill’, the proposal to combat shell companies, has been filed and provides for the overturning, after 170 years, of the company registration system in the UK. The problem is to remedy the secret purchaser system by appointing third party agents. What to say? UK has always based its competitiveness also on the freedom and ease of doing business: on average every two minutes a new company is registered at the Company House. Furthermore, who would manage the process and, above all, the previous one: the bill indicates the Company House which should be strengthened with huge resources to pass from the current role of simple register to verifier. I have many doubts about the feasibility, even systemic, of the proposal, economic intelligence
https://bills.parliament.uk/bills/3339
Jurisdictional Havens 2️⃣, EU meanwhile has updated its list of non-cooperative jurisdictions from a tax perspective by also adding an interactive map. The problem is that, despite this, every national tax agency does as it pleases, for better or worse. Harmonization no-thanks, economic intelligence
A Predictive Project For Intelligence, by IARPA and called AGILE, it aims to create a computer architecture capable of managing, with a view to structural efficiency and predictive effectiveness, the enormous mass of data available to US government intelligenge currently randomly distributed across systems and varied over time, innovation 4 intelligence by IARPA
Essay 🧐
Talking about AI applications that aim to revive deceased people is complex because it involves two delicate aspects. The first: paraphrasing an anonymous quote found online and that I make mine ‘the current cognitive awareness of any AI process is equal to that of the paper clip you have on your desk’. So the various chatbots dedicated to the topic are nothing more than elaborate parrots. The fact remains that if those who have suffered a loss have relief in their use, they must be able to use them. This leads to the second point, the problem that the platforms which provide the most elaborate language processing solutions, in the name of ‘politically correct’, are able to turn off the taps of their use because they are deemed inappropriate in terms of corporate reputation. Analysis by The Algorithmic Bridge
Funny 😀
