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Category Archives: Transhuman News
Elon Musk is going to privatize space and we should be concerned – AL DIA News
Posted: June 1, 2020 at 7:51 pm
Last Saturday, we watched with anticipation as Elon Musk achieved what he has been announcing for years.His company, SpaceX, has put two astronauts in orbit, which meansthe United States willlikely stop depending on Russia'sSoyuz for travel, above all, isa step closer to the colonization of Mars.By private companies that is. But has anyone thought about the ethical implications?
Materials science and engineering expert Ainissa Ramirez keeps asking herself questions. Questioning the impact of an invention, she says, should be part of a scientist's responsibility and does so in her latest book, TheAlchemy of us, where she connects the past and future of innovations and invites us to bridge the gap between us and those supposed "great geniuses" whose mistakesled to great advances.
"Many people don't feel connected to science at all, and that's what the book aims to do, to create a connection between science and society to look at the past and prepare for what happens in the future," saidAinissa.
But sometimes the ethics of these innovations were overshadowed or had fatal consequences on which Ramrez sheds light.
"There are stories like Polaroid, which created instant photography in the 1960s and 1970s and continues to delight photography fans today, but whose invention was used as a tool of oppression in South Africa," she explained, warning that in an age where people are more interested in myths than facts, it is necessary to "create new myths" from the past so that they feel they can "create, innovate and ask questions about AI or driverless cars" and what consequences could result, for example, from using analgorithm that marks a certain route for their passenger.
"Most great inventions have come through trial and error and when we look at the lives of the inventors we see that they were not so different from us," Ramirez added.
VERY useful accidents
Just to name a few, the story of Edison, who inspired the beginning of this book, and another inventor who was eclipsed by history: William Wallace.
"When we think of the light bulb and Edison and how he was inspired to create it, many are unaware of the existence of William Wallace. Edison visited Wallace in Connecticut because Wallace had created a very bright electric light - before there were only candles or the gas lamp - and when Edison saw the invention, he told Wallace "I think I can beat you." He went back to Menlo Park and created the light bulb. So William Wallace was also a catalyst for the invention," he says.
Other times these inventions have served to reconfigure society and create bonds, although the purposes were not so noble.
Can we trust businessmen like Musk, who climbed certain watchtowers of invincibility and even left the same group he founded to defend ethics in AI?
"Steel is one of the great inventions that has made our world what it is, and thanks to it, a railway was created-it was once made of wood and iron and soon had to be changed-and a circulation system that connected society. But the purpose was to encourage people to consume, especially at Christmas; the industrialists needed to sell the excess production that the Industrial Revolution had brought about," saidRamrez, highlighting the experience of one of the inventors of steel, Henry Bessemer, a British industrialist who in the midst of the war needed money to buy munitions, but only discovered steel when the war was over, so itbecame the material from which railway tracks were made.
"It was by accident. Again, what we see is a pinball kind of approach and that Bessemer didn't know anything about steel when he started investigating and that didn't stop him," she concluded.What social and political drift could there be in leaving the exploration of Mars in the hands of private companies?
Are we co-responsible for extracting resources from other planets or from the moon itself? Can we trust businessmen like Musk, who climbed certain watchtowers of invincibility and even left the same group he founded to defend ethics in AI?Science, technology and alleged advances are not alien to the public, and books like TheAlchemy of us urge us to exercise our right to ask the same questions as visionaries and scientists and exercise their duty to give us answers.
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Elon Musk is going to privatize space and we should be concerned - AL DIA News
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Revisiting SpaceX’s $36-Billion Valuation After Its First Manned Mission – Trefis
Posted: at 7:51 pm
[Updated 6/1/2020] SpaceX Valuation Post Crew Launch Still Relies Primarily On Starlink Global Internet Network
Last weekend, SpaceX successfully launched two NASA astronauts to the International Space Station using its reusable Falcon 9 rocket the first instance of a commercial manned launch. As the privately-held company makes significant progress with its launch program, we briefly revisit the key drivers of its valuation, which now reportedly stands at about $36 billion. [] See our dashboard analysis detailingSpaceXs Revenues and Valuation for the underlying numbers on launches, revenues per launch, and valuation multiples.
SpaceX is likely to launch about 15 commercial missions this year. Assuming an average revenue of $80 million per launch (Falcon 9 launches start at about $60 million & Falcon Heavy missions cost as much as $150 million) this amounts to about $1.2 billion in launch revenues for 2020. This implies that the companys latest reported valuation of about $36 billion values it about 30x projected revenues. This is steep, considering the limited potential of SpaceXs launch business. After all, the total commercial launch market is expected to stand at $7 billion by 2024 []. Investors are likely betting big on the space-based global internet network Starlink which we project could be valued at over $30 billion by 2025. See our detailed dashboard analysis Starlink Valuation: What Could SpaceXs Starlink Service Be Worth?
[5/30/2018] Whats Driving SpaceXs Sky High Valuation?
SpaceX stands out among the list of multi-billion dollar startups as one of the few companies that has grown by focusing on an industry that has existed for decades, rather than disrupting existing industries through the use of technology. While SpaceXs ultimate goal of colonizing Mars will take decades to reach, if at all, the company has definitely achieved a series of significant milestones since it was founded in 2002.
Over recent years, though, SpaceX has done well todominate the space launch services sector offering to launch commercial (and occasionally military) satellites at a much lower price than incumbents while largely remaining profitable. This has shaken up the industry status quo and forced incumbents likeArianespace and United Launch Alliance (ULA) to work on similar low-cost launch systems. As we capture inour interactive dashboard for SpaceX, space launch services have been the only source of revenue for the company and it looks poised to cross $2 billion this year if all goes well.
Notably, though, SpaceXs valuation has outpaced revenue growth over the years, and could top $32 billion next year according to our estimates. In this article, which is the first of our in-depth series on SpaceXs existing and potential growth drivers, we detail the reasons behind SpaceXs rocketing valuation.
SpaceXs Business Model Is Evolving, And Holds Immense Potential
SpaceX is a space technology company primarily focused on manufacturing and launching rockets and spaceships. Since it was founded in 2002, the company has built a series of rocket and spaceship systems from scratch, with the core driving principle being to reduce costs substantially by making various parts of the system reusable. The company has demonstrated success in reusing and relaunching many rocket components a first for any private or government operator and has made its long-term goal of building fully reusable rocket systems that can be used to reach other planets a very real possibility in the not too distant future.
While SpaceX has made significant advances in space technology, it currently makes money purely by launching satellites into low earth orbit and by transporting cargo to and from the International Space Station. Notably, the company charges customers much less per launch compared to other players. Although this has resulted in profit margins being small compared to incumbents, it allows SpaceX to line up more launches giving it more opportunity to refine and advance its expertise in reusing components. In other words, the space launch services keep cash flows positive as SpaceX focuses on the R&D aspects of its long-term goal of interplanetary travel.
Admittedly, it is difficult to develop a timeline for when (and if) SpaceX succeeds in its mission to put a human on Mars and also if it will be able to do so profitably. However, the fact that the companys valuation growth continues to outpace revenue growth can be explained by the fact thatit intends to add more revenue sources over the coming years. This includes billions in potential revenues annually from:
A Quick Look At What Currently Drives SpaceXs Valuation
As we detail inour interactive dashboard for SpaceX, revenues for the company currently depend on just two revenue drivers: the number of successful launches in a year, and the average revenue per launch.
Number of Successful Launches in a year:This is the total number of successful launches SpaceX carries out in a year. The numberof successful launches climbed from 6 in 2014 to 18 in 2017. Weexpect the number of successful launches to increase to 31 in 2018 and further to 45 in 2019.
Average Revenue per Launch:SpaceX has a fixed price for launching commercial satellites, and offers a sizable discount for customers opting to reuse rocket components. Also, the company had millions of dollars in one-time payments linked to its long-term contracts with some customers like NASA and Iridium, which boosted payments over the initial years. This would explain the reduction in average revenue per launch from an estimated $175 million in 2014 to around $72 million in 2017. We expect the figure to decline to $65 million in 2018 and further to $60 million in 2019, as more small-sized customers opt for the low-cost benefit offered by reused rocked systems.
As shown above, our forecast for SpaceXs launches and average revenue per launch in 2018 and 2019 results in revenue forecasts of $2 billion and $2.7 billion respectively.
To arrive at the revenue multiples used by early investors to value SpaceX over the years, we plotted our estimates for revenues with SpaceXs valuation.We interpolated the yearly valuation for the company from funding-round valuation figures of $12 billion in 2014 and $21 billion in 2017.
As shown above, this works out to an increase in the revenue multiple for the company from 11.4 to 16.2 an increase of more than 42% even though the companys revenues were largely stagnant over this period. As SpaceXs space launch service works on extremely low profit margins, and has limited scope for growth in the long run, we believe that the increase was primarily due to the potential value proposition from Starlink.However, given the sharp increase we forecast in SpaceXs launch revenues, we estimate a current revenue multiple of 13 for 2018, and 12 for 2019, as detailed in the chart above. This works out to acurrent valuation of $26 billion for the company potentially increasing to over $32 billion in 2019.
That said,we believe that our multiple of 12 for 2019 is conservative, given the immense growth potential for Starlink and point-to-point Earth travel in the long run. What remains to be seen is how soon and how profitably SpaceX is able to implement these ambitious initiatives.You can see how changes in any of these drivers can impact SpaceXs valuation bymaking your own changes on our dashboard.
See allTrefis Price EstimatesandDownloadTrefis Datahere
Whats behind Trefis? See How Its Powering New Collaboration and What-Ifs ForCFOs and Finance Teams|Product, R&D, and Marketing Teams
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Revisiting SpaceX's $36-Billion Valuation After Its First Manned Mission - Trefis
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Earths first o-world colonies will be built on soil – Engadget
Posted: at 3:24 am
As the clock wound down on NASAs 3D-Printed Habitat Challenge last May, the fate ofAI SpaceFactory, a leading firm for multi-planetary architecture, fell in the hands of a lanky industrial robot. After four years and a few elimination rounds, the New York-based team was head-to-head with researchers from Pennsylvania State University, vying for a top prize of $500,000 and a chance to inspire future Martian settlements.
Nearly ten hours into the last day of competition, hundreds watched as AI Spacefactory's robotic arm dangled a circular skylight over a mud-colored, vase-like structure, lowering it slowly as if placing the roof on a house of cards. For a few seconds, the skylight seemed secure. Observers began to cheer. Then, with little warning, the skylight slipped and fell through an opening in the roof, crashing to the floor with a hollow thud.
Such a mishap would be devastating for a mission on Mars. But AI SpaceFactorys 3D-printed structure, Marsha, still impressed the NASA judges enough to earn the top prize. The firm now hopes Marsha will serve as a prototype for the first human habitats on the Red Planet.
Designed like an egg, Marshas form is both aesthetically svelte and extraterrestrially efficient. On Mars the exterior air is very thin, just one percent of the Earths atmosphere, explains David Malott, CEO and co-founder of AI SpaceFactory, who oversaw the building's design. As a result, Marsha would have to be pressurized on the inside to match Earths atmosphere; this pressure difference would cause the structure to want to pop like a balloon. The egg shape, says Malott, is meant to help keep the building from exploding.
Inside, Marsha's amenities wouldnt be much different from those inside a small townhouse, with a few sciencey exceptions. The habitat features four floors, including a kitchen, exercise room, sleep pods and a garden where astronauts might grow herbs and leafy greens. A wet and dry lab offers space for experimentation, while a docking port on the ground floor provides easy access to a rover. The structures outer layer of basalt fiber, to be sourced from Martian regolith or bioplastic recycled from astronaut trash, would be designed to protect inhabitants from cosmic rays and micrometeoroids. Save a rusty dust storm, astronauts may actually forget theyre on the Red Planet.
But not all proposed Martian habitats share Marshas sleek design. Some resemble ant hills more than eggs and employ cruder methods than 3D printing to make use of Martian materials.
Many of the concepts Ive seen look like mounds of regolith piled on top of habitats, says Metzger, our planetary science expert from before. For example, inflatable modules would be used as the habitats inner core, connected by a series of tubes that would serve as tunnels between main chambers. From above, the product would look like curvy structures, says Metzger, like something out of The Hobbit.
Source: NASA/JPL-Caltech/University of Guelph
Each design method printing and piling has its own list of merits and setbacks. While piling regolith may be quicker and less prone to printer error, it would still require humans to ship the inflatable inner habitats, which would come at a cost. Piled regolith would also have to be secured in some way, perhaps through microwaving, compacting, or the addition of polymers. For Edmundson, piling is a temporary solution. Once we get into the sustainability portion of exploration, were going to need to start building our own habitats, she says.
3D printing offers more of thein-situexperience, but it can be resource intensive. What's more, 3D printing requires a precise mixture of specific elements, which will have to be as close as possible in composition to the simulated regolith used in experiments on Earth. Theres little margin for error when youre millions of miles away, and regolith minerality varies depending on its source.
Research with regolith simulants is vital for the safety of future missions, says Edmundson. That's part of the reason why I think I have job security. People are going to have to know what the differences are between the planets surface itself and the simulants they're using [on Earth]. Today there are about 10 Martian regolith simulants and a few dozen simulants for the Moon. But that number is probably going to change pretty quickly, she adds, now that we're planning to go back.
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Earths first o-world colonies will be built on soil - Engadget
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The Navajo gift to the Irish: A personal account of my visit to the reservation – Navajo-Hopi Observer
Posted: at 3:24 am
Kevin McCann, Irish writer and flimmaker
Originally Published: May 26, 2020 1:30 p.m.
Editor's note: Kevin McCann is a writer and filmmaker from Ireland. His company Maccana Teoranta produce drama and documentary films. He is currently developing a documentary celebrating the links between Ireland and Native America featuring the story of the Choctaw Irish Famine Gift.
This month, tens of thousands of Irish people are donating to a $5 million fund-raising campaign to help the Navajo and Hopi tribes battling the Coronavirus. Irish donors see this as a long overdue payback for the gift of $170 sent by the Choctaw Tribe to Ireland during the famine. My own reason for donating was more recent. A personal experience of receiving the generosity of the Navajo people.
As an Irish writer and filmmaker interested in telling a story about Native America, I was aware of their similar history to Ireland in terms of colonization and cultural oppression but knew very little about who they are today. And so to find out more, I went on a camping adventure last October to Navajo Nation, a land reservation the same size as the Irish Republic just east of the Grand Canyon.
Before our trip, my partner Mn and I met with a Navajo filmmaker in Los Angeles named Pamela Peters. She kindly suggested people to interview and spoke of Native Americas struggle for recognition. Pamela warned us about the apprehension towards white people making films about them because of misrepresentations and skewed narratives similar to objectionable Irish stereotypes and revisionist agendas.
Our trip would coincide with the Western Navajo Fair, the last tribal festival of the year. We packed our rented car with camping gear and enough snacks for a week. We left LA at daybreak and drove east for 10 hours. At Flagstaff, Arizona (on Route 66), we filled up with gas before heading north-east. The sun set behind us as we crossed the border into the reservation at a dusty plain called Wolf Crossing. We pitched our tent at the remote Hopi Cultural Center under Octobers harvest moon.
The next day after visiting a Hopi Tribal museum and nearby crumbling villages, I discovered that I had lost our wallet. We were in a very remote area with poor phone coverage and $20 in cash. Rather than return to LA, we had faith and decided to plough on. The full tank of gas took us to Tuba City population 8,611. Our eyes lit up when we saw Hogan in majestic bright letters over the door of a hotel. As Irish people, we thought we were home and dry with that name. However, in the Navajo language, hogan means house. But all was not lost. The Western Navajo Fair hadnt started yet and they had a couple of tent spaces to rent and we had just enough to pay for a night.
The lobby computer at Hogans Hotel became a part-time office as we figured out a solution. Pamela, the Navajo filmmaker back in LA was now our only point of contact and helped to arrange interviews. Hearing our predicament, she paid for a meal for us along with a second night at the campsite. That evening, the Hogan Restaurant served a beautiful meal with traditional blue corn bread (highly recommended) before the arrival of the Navajo Council Delegate and medicine man. Mention of the name Otto Tso was greeted with smiles and nods of respect. Soon after our meal, Otto came in and sat down opposite us in the booth. He wore traditional regalia and a turquoise necklace. We ordered some tea.
Half-way through our interview, the hotel porter came over and handed the key of Room 207 to Otto. He passed it over to us. He had kindly arranged for Mn and I to stay that night in the hotel. We were happy camping and were initially reluctant to accept, but October nights in Arizona are chilly enough. We didnt take much convincing. As the interview went on, I glanced at the key and was struck by this act of kindness. This man didnt know us. He was just helping strangers in trouble.
Otto told us that he lost his mother when he was 7-years-old. A month before she died, she sat her only child down and instructed the young Otto to follow a meaningful path in life. As an adult, he joined the tribal council to serve his people.
There are 572 Native American tribes recognized by the Federal Government and Navajo is the largest, he told us, In my first term, we built a $19 million sewerage scheme on the reservation. This year, its infrastructure - building roads and fixing potholes.
Ottos eyes welled with tears when telling the Navajo story. We had seen those same tears when speaking with Pamela. In their eyes, was the hurt of the Native people. A hurt from an unhealed wound. A hurt that still allowed for compassion to strangers.
The sun is our father and the earth is our mother, Otto told us, and with a smile added I like to tell people that our backyard is the Grand Canyon.
Before leaving, I took a photo of Otto and Mn beneath a picture of a Navajo herdswoman. The next day, Otto did us a wonderful favour. I used the computer in the hotel lobby to transfer money to his bank account and he met me at the hotel to give me cash. After our comfortable night in the hotel, we had enough money to enjoy our trip and get home. We were saved.
Over the next few days, we enjoyed the Western Navajo Fair - rodeos and rollercoasters mixed with pre-dawn ritual dances and tribal gatherings. Otto invited us to his home to meet the tribal council after the parade through Tuba City. We saw no other white people while we were there.
The Choctaw tribe whose ancestors gave Ireland the gift during the famine live in Oklahoma, another 1,000 miles to the east. The love of community and wisdom in generosity seen in 1847 lives on to this day.
Right now, Navajo Nation has one of the highest rates of COVID-19 infection. I am proud to honor the kindness of Otto Tso and Pamela Peters in joining the tens of thousands of Irish donating to their fund-raising campaign.
More information about McCann and current projects can be found through his company Maccana Teoranta at http://www.maccana.ie. Supported by Screen Ireland, Kevin is producing the first movie on the 1916 Irish Rebellion. (www.therising.ie) He is also developing a documentary celebrating the links between Ireland and Native America.
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What will design look like in 2030? We asked 3 futurists – Business of Home
Posted: at 3:12 am
As a new generation of clients comes of age, and technology continues to seep its way into every corner of a decidedly old-school profession, its likely that design wont be exactly the same in 2030 as it is in 2020. What will it be like? And just as importantly, what will it be worth? We asked three futurists to find out.
These days, who has time to even get to the bottom of their inbox, let alone think long-term about the future of the industry? While no one wants to believe theyve got their head in the sand, most of us have a hard time imagining that interior design will be that different in 10 years. Theres even a name for this phenomenon: the end-of-history illusion. Its the universally shared psychological delusion that convinces us all that weand the world around uswont change.
Change does come, of course, and you only have to take a quick glance back to realize how radical it can be. A hundred years ago, interior design was an extremely rarefied profession, the province of a tiny handful of ultrawealthy clients. Now, there are far more interior designers in America than coal miners, a reality that would have been unimaginable in 1920. Luckily, most of the change the industry has undergone over the last century has been positive for designers. But whos to say that trend will continue?
Most of us plot our lives a few weeks in advance. The well-organized think in months, and the truly exceptional can make (and actually stick to) a five-year plan. There are, however, professionals whose entire job it is to think about the future. These consultants study big-picture trends and put together predictions to help their clients stay ahead of the curve. When looking into the future of interior design, it only made sense to start with the people who do it for a living.
Our crystal-ball gazers are Brian David Johnson, the futurist-in-residence at Arizona State Universitys Center for Science and the Imagination; Dror Poleg, a consultant and the author of Rethinking Real Estate: A Roadmap to Technologys Impact on the Worlds Largest Asset Class; and Piers Fawkes, an innovation consultant and the founder and president of consumer research agency PSFK.
This is the first installmentof a three-part exploration of what the future holds for the design industry. What will interior design be worth in 2030? We also asked two historians and a travel agent.
What do you think homes will look like in 10 years?
Brian David Johnson: The dirty secret is that in 10 years, homes are going to look a lot like they do today. Thats not a bad thing. Thats understanding that we as humans like things that are comfortable and have history. I tell my students that if you walk out your front door and it looks like it did on The Jetsons, thats a nightmare. We dont want our homes to change all that much.
Piers Fawkes: A luxury brand wanted me to do a project about the home of the future. Every conversation was them saying, When are you going to come up with this list of big TVs and massive sound systems? And I would reply, Thats not what the research is showing. I occasionally visit the home of an ultrawealthy person, and they absolutely dont want to live in Tony Starks homepartly because of data concerns and privacy. People now buy old Sonos speakers that dont have Alexa in them, just for privacy. The project never happened, because the brand just didnt believe me. What are the big forces that will change the nature of interior design and home in general?
Dror Poleg: More and more, the way a property looks online is much more important than what it looks like offline. Whether its an office space or residence, increasingly, you attract buyers through digital channels, and only then do they visit the actual building. So youre seeing people design spaces to look better online, because thats the visibility that matters. Thats only going to continue.
Fawkes: More people are going to be living in urban areas, and are going to have Uber-type jobs, where the work is fractional. Thats going to create more demand for co-living, where theres only a certain amount of private space. The manipulation of space will become more important, and furniture will get more and more multifunctional. Do you think interior design will have more value in the future, or less?
Poleg: Lets take the personal computer industry as a lesson. In the beginning, IBM had to build every piece themselves. But once PCs became popular, other companies came along that could build computersmaybe not as good as IBM, but good enough. At that point, the value shifted from the physical product to other aspects of the product, like the design, usability, [the after-sales] service, and the sales experience.
You can see an analogy in the world of real estate and design. If you look at ads for apartment buildings and offices in the 1950s or 60s, you see them focus on the physical characteristics of the building: windows, air conditioning, elevators, fire sprinklers. In 2020, apartments and office buildings have those things at a level that is good enough. So in a world like this, the ability to capture more profit shifts to the design of a space, the sales experience, the unique components, all of that. Long story short: Interior design is becoming increasingly a driver of the value of a building, and that will continue to be the case.
What about the actual profession? Are we headed for design done by AI?
Johnson: Interior design isnt really just about designing the interior of a home. Its about people and solving their problems. People like people, especially when youre in their home. Yes, computers will play more of a role. If you talk to architects nowmodeling the substrata of weatherproofing and waterproofing that they used to do on paper, now most of it is handled by a computer, and thats OK. But [interior design] isnt going to be done by robots and artificial intelligence.
Courtesy of PSFK
Fawkes: The profession will still exist, but I think interior designers may need to develop another layer of technical sophistication to understand what peoples desires are for their homes. They may need to go from This is wallpaper that looks nice to This is wallpaper that looks nice and blocks Wi-Fi signals and protects digital privacy.
A young person asks you, Is there a future in being an interior designer? What do you say?
Poleg: Someone who handles the creativeside and establishes differentiating aspects for propertythats going to grow in importance, and there is value in that. But I think in the future, designers who are really good will make tons of money, and everyone else will be commodities. The notion of just being average and having a nice stable job is not going to work anymore.
Johnson: Absolutely. A profession I wouldnt recommend going into? Being a CPA. Thats going to be done by algorithms.
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What will design look like in 2030? We asked 3 futurists - Business of Home
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Interstellar Visitor May Be One of Rarest Objects In Universe – Futurism
Posted: at 3:12 am
Hailstorm
Scientists say that Oumuamua, the giant space object that came from outside our solar system, could actually be an extremely rare chunk of hydrogen ice.
Its an out-there idea Wired reports that there are only a few places in the universe capable of creating a hydrogen iceberg. But the Yale scientists behind the theory say that if the interstellar visitor were a giant iceberg, many of its more bizarre properties would suddenly make sense.
One of the hardest things to explain about Oumuamuas path through our solar system is how it accelerated as it traveled. Comets accelerate, but there was no indication that Oumuamua relied on that mechanism.
But if Oumuamua were a hydrogen iceberg, the gradually-sublimating ice would propel it forward, according to research accepted for publication in The Astrophysical Journal.
Even though the hydrogen iceberg thing is a little exotic, it explains every single mysterious thing about Oumuamua, recent Yale Ph.D. graduate Darryl Seligman told Wired.
These hydrogen icebergs are extaaordinarily unusual. Hydrogen doesnt solidify unless it drops to just a few degrees above absolute zero, the lowest theoretical temperature in the universe. Only cosmic structures called giant molecular clouds reach that temperature.
The Yale scientists plotted Oumuamuas course back through one of these clouds, where it may have initially formed as a blob of dust and hydrogen sticking together. But unless astronomers manage to intercept the bizarre object, it will bea tough theory to actually prove.
READ MORE: Oumuamua Might Be a Giant Interstellar Hydrogen Iceberg [Wired]
More on interstellar visitors: NASA: Something Is Off About This Interstellar Comet
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Vancouver Island’s long road to recovery will have a few bumps – vancouverislandfreedaily.com
Posted: at 3:12 am
Six months ago, Greater Victoria was celebrating one of its strongest business climate in years.
Now, much like the rest of the world, its facing an economic recovery that could take years.
All around Vancouver Island, local economies are faltering. Health-care systems are strained. Were all told to stay at home and when we do venture out to observe social distancing.
Blame the coronavirus.
ALSO READ: Depression-era unemployment figures could hit Greater Victoria
Even futurist Jim Bottomley didnt see it coming.
This isnt like any economic downturn before because when you look at past recessions, typically theyre human-made, said Bottomley, a Sooke resident.
This time its an actual physical threat. Its a very scary because people didnt see it coming.
But recovery is coming, say officials.
Paul Nursey, the CEO of Destination Greater Victoria, says the Islands tourism industry was the first to be affected by the COVID-19-induced slump, and will likely be the last to fully recover.
His group is working on an 18-month plan through to next summer that aims to keep as much of the industry intact as possible, including reaching out for more government support.
Its really about making sure [those government measures] can actually help us back to recovery and are not just there in the short term. Otherwise, I cant see how our small- to medium-sized businesses are going to last until next summer, Nursey said.
Sooke Mayor Maja Tait, who is also president of the Union of B.C. Municipalities, said recovery will likely look different from one corner of the province to the other.
We know a rush to recover economically will result in a spike of [COVID19] cases, she said.
The road to recovery will be long and hard for most industries, Bottomley said.
This is something thats not going away, he said, noting the 1918 flu pandemic lasted nearly two years, and the second wave was bigger than the first.
The scary part about this particular virus is that its very spreadable.
But there are positives, Bottomley said.
As with any major disruption throughout world history, society has changed often for the better.
He predicts a real disruption on how industries work, more entrepreneurs (although he admits many small businesses will likely shutter), and how we connect each with each other through innovation and technology.
Many businesses have realized that employees can work at home and be productive, and that will mean communities like Sooke could be in for more growth.
Companies wont locate to where they want to locate. Theyll be going to where the workers live, Bottomley said, noting we are entering an innovation age where jobs and careers are changing.
READ MORE: Employers worry about safety, cash flow, second wave in COVID-19 restart
Tait said the District of Sooke is already seeing that movement as council work towards a new work plan for some of its employees.
Were likely going to see more municipal staff work at home permanently, those who dont necessarily meet with the public on a daily basis, she said.
Weve seen through the pandemic productivity and performance climb through the roof.
For more news from the Island and beyond delivered directly to your email inbox, click here.
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SIDEBAR
The quickest way to economic recovery is to find a vaccine for COVID-19, says futurist Jim Bottomley.
Vaccines are perceived as key to ending the restraints on work and life that have decimated the global economy, and returning to some sense of normalcy.
Worldwide, there are nearly five million positive cases and over 300,000 have been killed by the virus.
The vaccine is what everyone is hoping for and the sooner the better. But it could still be years away, Bottomley said.
Coronavirus
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5G Technology – The Cybersecurity Implications of Widespread – tripwire.com
Posted: at 3:12 am
The coming of widespread 5G technology promises more than just faster everything, enhanced capacity and greater reliability. Leading proponents of the wonders of 5G, such as the theoretical physicist and author Michio Kaku, paint a picture of a true technological paradigm shift, a game-changer.
The self-described futurist invites us to imagine a lightning-fast global communications network that will fuel dramatic advancements in societys productivity and ultimately enrich and empower our lives.
Every once in a while there is this technology which changes the entire landscape, he says in a video produced by wireless network operator T-Mobile. Much like the arrival of the Gutenberg printing press in the mid-1400s triggered a Renaissance of knowledge, he explains that 5G hold the promise to bring connectedness to the rest of the world for millions of people who currently lack easy access to broadband technology.
Lets hope he is correct. Because there is also no shortage of bright minds waving red flags about potential risks to health and online security. Many are warning that 5G also holds the power to enrich and empower high-speed malicious hackers, supercharging their ability to wreak untold havoc in the global cybercrime epidemic.
One of the fundamental challenges of 5G involves balancing its far-reaching potential for human progress against the significant new security risks presented by this extraordinary technological breakthrough, said cybersecurity expert Chuck Bane, academic director for the University of San Diegos online Master of Science in Cyber Security Engineering program and retired naval officer whose experience includes collaboration on cybersecurity projects with the Department of Homeland Security, the NSA and the DoD.
Remember when 4G promised to revolutionize data-based communication across the globe? That was so 2010. The G, of course, stands for generation meaning that 5G is the next generation of wireless mobile communications technology after 4G.
And generations, in this case, move much more quickly than in human terms. A quick review of the evolution of wireless communication reveals that the advent of 1G in the late 1970s marked the beginning of cellphone technology; so people born prior to that have gone from a 0G world to 4G, and now 5G. Each generation has been marked by technological advancements that allow greater data transmission speeds.
But, as technology website CNET explains, 5G networks will bring usmuch more than a simple bandwidth or speed improvementon phones: Critical improvements likelow latency, intelligent power consumption, high device density and network slicing make it a breakthrough.
Like other cellular networks, 5G networks use a system of cell sites that divide their territory into sectors and send encoded data through radio waves, according to PCmag.com.
The fifth generation of wireless internet technology will rely on hundreds of thousands of these small cell transmitters, which consume less power but cover smaller areas than 4G towers.
The size and number of the small cells which power 5G also means that they will be placed anywhere in streets and buildings, according to Forbes.com, marking the biggest shift in telecommunications since the invention of the cellphone.
For more details on how it all works, HackerNoon.com offers helpful explanations in 5 quick things to know about 5G.
5G is sometimes described as 100 times faster than 4G. Or, depending upon what type of application youre talking about, 10 times faster. Or 1,000 times faster.
Why is enhanced speed such a game-changer?
Faster data transmission and greater bandwidth obviously has far more important applications than consuming media, playing online games and exchanging work documents and files online.
In the medical world, for example, it can accelerate caregivers ability to deliver services like physician-to-physician consultations, at-home monitoring and video-based telemedicine, according to ModernHealthcare.com.
Another example involves self-driving cars, which rely on a continuous stream of data to operate. The quicker that information is delivered to autonomous vehicles, the better and safer they can run, according to a CNBC video.
The CNBC report forecasts 5G becoming the essential the connective tissue for the Internet of Things enabling the worldwide network of internet-connected devices to grow three-fold by 2025, linking and controlling not just robots, but medical devices, industrial equipment and agricultural machinery.
Along with the many positive benefits of 5G technology detailed above comes a lengthy list of concerns, from the individual and personal to the national and global.
Such concerns are closely examined in media reports with headlines like the following:
Concerns about potential health risks presented by electromagnetic radiation produced by higher-frequency radio waves emitted by the 5G small cells have been front and center (Wired.com offers some reassurance in an article titles Worried About 5Gs Health Effects? Dont Be), but this report will focus on the cybersecurity implications of 5G.
The future of wireless technology holds the promise of total connectivity.
But it will also be especially susceptible to cyberattacks and surveillance.
Thats the premise of an in-depth review of the terrifying potential of 5G published in The New Yorker.
The article cites estimates that 5G will pump $12 trillion into the global economy by 2035, and add 22 million new jobs in the United States alone, while ushering in a fourth industrial revolution.
However, A totally connected world will also be especially susceptible to cyberattacks. Even before the introduction of 5G networks, hackers have breached the control center of a municipal dam system, stopped an Internet-connected car as it travelled down an interstate, and sabotaged home appliances. Ransomware, malware, crypto-jacking, identity theft, and data breaches have become so common that more Americans are afraid of cybercrime than they are of becoming a victim of violent crime.
Industry watchdogs warn that 5G has the potential to worsen existing threats and introduce new ones. For example, the Brookings Institution, a nonprofit public policy organization, has identified five ways in which 5G networks are more vulnerable to cyberattacks than their predecessors in a report titled: Why 5G Requires New Approaches to Cybersecurity.
Since one of the chief benefits envisioned for 5G is the ability to connect more and more devices to the IoT, this also increases the threat vectors for hackers, according to HackerNoon.com.
Another potential worst-case scenario outlined by HackerNoon: Faster networks can also mean faster ways for viruses and malware to spread. If more users are on the network, then you also have the potential for more infected devices and systems than ever before.
Commenting on the concern that a greatly expanded IoT multiplies the potential points of entry for cyberattacks in an article titled 5G Dangers: What are the Cybersecurity Implications? Heimdal Security notes that, 5G technology could also lead to botnet attacks, which will spread at a much higher speed than the current networks allow it.
Of particular relevance to the cybersecurity community, the dawn of the 5G era demands that new and improved defenses and cybersecurity protocols be developed and put in place to counter the potential risks.
This means the current and future work of many cybersecurity professionals will be inextricably connected to understanding and defending against the new security risks, both known and unknown, posed by this rapidly emerging technological breakthrough.
Because, in the final analysis, a world with vastly improved speed and bandwidth, as well as greatly expanded threat vectors, creates new possibilities for humans to do both wonderful things and horrible things faster than you can say 5G.
About the Author:
Dr. Michelle Moore is academic director and professor of practice for the University of San Diegos innovative online Master of Science in Cyber Security Operations and Leadership degree program. She holds a Ph.D. in Public Policy Administration with a concentration in Homeland Security and a masters degree in the Management of Information Systems. Her research topics are dedicated to the ongoing progression of cybersecurity, cyber law, cybercrime, national and international cyber policy, and disaster recovery efforts.
Editors Note:The opinions expressed in this guest author article are solely those of the contributor, and do not necessarily reflect those of Tripwire, Inc.
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Half the Visible Universe Was Missing. Scientists Just Found It. – Futurism
Posted: at 3:12 am
Search Party
Ever since scientists first calculated how much matter is in the universe, theyve been unable to find half of it.
Baryonic matter, sometimes called luminous matter to distinguish it from dark matter, has been estimated to make up about five percent of the stuff in the universe. But half of it has never been found, CNET reports until now.
Astronomers increasing ability to track fast radio bursts as they pass Earth gave them a new clue. These signals get distorted as they pass through objects, according to research published Wednesday in the journal Nature, and the extent of that distortion seems to account for the entirety of the universes missing matter, the team told CNET.
We all expected to detect it, eventually, University of California, Santa Cruz astronomer Xavier Prochaska told CNET, but until we did, it was an embarrassment.
Over the past few years, other scientists also claimed to have found the missing baryonic matter. They used techniques like scanning for clouds of gas surrounding black holes or cosmic strands of matter linking galaxies.
But they all relied on incomplete data sets and their papers made large extrapolations, Macquart told CNET. He compared it to guessing how big a dog is by looking at the size of its tail.
READ MORE: The universes missing matter problem has finally been solved [CNET]
More on baryonic matter: Scientists May Have Finally Found the Universes Missing Matter
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The New Reality: Future of shopping malls in jeopardy as COVID-19 pandemic pushes shoppers online – cjoy.com
Posted: at 3:12 am
From air travel to restaurants and mom-and-pop shops, businesses relying heavily on the in-person customer connection have been hit hard by the novel coronavirus pandemic. Shopping malls are no exception.
Retail futurist Doug Stephens ends an interview trying to sound positive about the retail industry. But he acknowledges its not easy to be upbeat.
We could be facing a retail refugee crisis, said Stephens, who founded and runs the consulting firm Retail Prophet. He describes monumental changes ahead for Canadas retailers and their employees, especially those located in large and medium-size shopping malls across the country.
Problems lie ahead for workers and the companies that own historically-profitable shopping properties occupied by retail brands that are struggling because of the COVID-19 pandemic.
We are going to have a crisis in the commercial real estate market, Stephens makes clear.
Theres no way to get around or candy-coat it.
READ MORE: What shopping will look like as retail stores open across Canada
Retailers couldnt open their stores for weeks as a result of the global pandemic. In many parts of Canada, including Ontario, shopping malls still are not permitted to reopen to the public.
Many stores and shopping malls that have reopened have found an unenthusiastic consumer base reluctant to come back.
If they had no great reason to go four months ago, they are going to have much less reason to go in (the next) four months, said Marina Strauss, who spent 40 years as a Canadian journalist, mostly with the Globe and Mail.
Strauss spent the last 20 years at the newspaper reporting on the retail industry until her retirement in 2019.
To get people back at the malls they will need to really convince people theyre safe and theyre something to go for, she told Global News in an interview.
It wont be easy.
READ MORE: Can I try on clothes now that stores are reopening?
I dont predict the death of the shopping centre, I think the question is: what will it become?' said Lisa Hutcheson, managing partner of J.C. Williams Group, a Toronto-based retail industry consultancy.
Hutcheson says mall owners and retailers are wrestling to figure out how to open and operate businesses safely, knowing they must limit the number of customers in stores to ensure physical distancing.
The COVID-19 crisis has driven consumers to shop differently out of necessity. Online shopping for everything from groceries to clothing to electronics has become mainstream.
The internet is the biggest big box store in the world, said Stephens.
Anything I want is in that store 24 hours a day.
The COVID-19 pandemic has accelerated change in retail, which was already in the midst of upheaval. For example, J.C. Penney, a 118-year-old retailer, filed for bankruptcy in May.
What COVID-19 is really doing is pushing the retail industry out of the industrial age of retail and into the digital age of retail. This is going to be really painful, not just for brands, it will be painful for consumers as well, said Stephens.
Almost inevitably, the shift to digital will have an effect on traditional stores.
READ MORE: B.C. retail stores are reopening mid-May. Heres what they need to do
We are going to see stores close, we are going to see more dark spaces in malls, thats not going to attract people either, said Strauss.
Rather than occupying a huge footprint, retailers may favour smaller stores designed to give consumers a taste of what theyre about.
It might be a showroom where people come in and the product is shipped to them at a separate time, said Hutcheson.
2020Global News, a division of Corus Entertainment Inc.
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