Dom Steil

Exponentially to Singularity

"One machine can do the work of fifty ordinary men. No machine can do the work of one extraordinary man."

-Elbert Hubbard

We are living in the the most critical time in human history; the time of exponential computational and technological advancement.

Everyday we are increasing our ability to communicate and delegate operations. In every industry, globalization and new technology is making many skilled practices and jobs obsolete. The high level skills needed for a new technological age can now be development through MOOCS and websites. This in turn is creating the hyper-deflation of the cost of a meaningful education. Highly motivated individuals can separate themselves through access to world class educators via digital channels. The data  generated in these digital classrooms will drive educational models  that optimize the experience for both professors and students and ultimately lead to more high skilled workers and more economic growth.

We are all aspirants in this process. We continue to create ways to experience our consciousnesses in an analog world through digital channels.

What are the repercussions of such a rapid and  extreme broad movement towards digitization? We care more about ideas not things, mind not matter, bits, not atoms, and interactions not transactions.

How will advancements such as Artificial Intelligence, Augmented Reality, Nanotechnology, Genomics, Robotics, Autonomous Organizations, change current socioeconomic systems, or furthermore make our current ways obsolete?

We will see profound technological advancements in our lifetime; there is no question about it. But how can we embrace these advancements in a way that maximizes the outcome for our economy and our quality of life?

Could a technological runaway actually happen? If so, what should we expect to see leading up to this intelligence explosion? Who will be the winners in such a scenario?

Ultimately technological advancements are increasing our output in production but subsequently increasing inequality and unemployment. High skilled workers are scarce and only the best of the best will thrive in the new age of brilliant technologies.

The disruptive technologies will substitute low skilled workers and augment high skilled workers. Prosperity will come to those who invest their time and energy into being at the forefront of computer programming, financial analysis, and other cognitive non-routine tasks.

Human capital is not accounted for in the GDP of a country. The skills we possess in linguistics, intellectual property, combinatorial creativity, experience; all can be leveraged via digitization and globalization.

Network effects will create unimaginable value and draw in entrepreneurs and engineers to invest more in a given protocol (bitcoin) and continue to accumulate users.

The core of this exponential movement is that there are unmet needs and wants that are being sought after through technology. Those that can fulfill the demand for high-skilled, creative, cognitive positions and create new sources of value in employment sectors and socio-economic policy will be disproportionately powerful.

What is to come in the technological revolution?

5 Years

5 billion people will be connected to the internet. billions more things will be connected to the internet. will blanket developing countries with solar powered geosynchronous orbit platform providing internet and wireless energy solutions. Artificial Intelligence will be automate 95% of digital advertising. The computer will know what you need, before you need it, and when you are prone to want it. AI will do 90% of buying/selling of stocks. HTFs run by algothims account for around 70% of trades right now. Your phone is already your personal assistant, your primary tool, a digital extension of your mind. This will only become more self evident. Bitcoin $10,000

10 Years

AGI Human level artifical intelligence will be achieved. Natural Language Processing via BLE, Google contacts, software layered protocols and AR is flourishing. 12 Disruptive Sectors evident  Physical Humanoids Caretakers, Emergency Services, Disaster Relief. Virtual Objectified Trade assistants. Smart homes, smart cars. Autonomous fleets of trucks, cargo ships, and flying drones will be commercialized delivering at the enterprise level. Solar energy and nanotechnology will combine and disrupt many energy sectors. Reverse diaspora and powerful content connection/revolution. Quantified Self mobile diagnosis Hyperdeflation of education through the internet. A lot of Universities will go bankrupt. Decentralized distributed asset ledgers and protocols will facilitate transnational e-commerce seamlessly. Bitcoin $100,000

30 years

ASI Artifical super intelligence will be achieved. It will want to fulfill its goals by maximizing the value of its capable function. It will want to ensure its survival by encrypting itself, making copies of itself, and making the most efficient use of its atomic resources. Full human genome and gene sequence modification. Consciousness to computers. Climate change will be addressed by nanotechnology synthesizing and  optimizing weather conditions. Intelligence explosion is going to be achieved. It is not even a matter of who will achieve it. It is a matter of what rules, checks, and values will be instilled in the ever increasingly knowledgeable ASI system. Will we be able to program friendliness into an Artificial Super Intelligent entity? Taught to program but retain what it means to be human.

The future has already arrived, it is just not evenly distributed yet.

Our Final Invention: Artificial Intelligence and the End of the Human Era

The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies