-- Published: Friday, 24 February 2017 | Print  | Disqus 

• Top money manager, John Ing recently presented to China his forecast for $2,200 an ounce. Our guest is bullish on gold, in the LT.
• Bob Hoye notes that during every previous post bubble contraction, the real price of gold has ascended, making the PMs a solid portfolio asset, today.
• Although the Greenback remains relatively strong, eventually the senior currency will be overcome by an inflationary economic maelstrom.
• The concept of sentient robots / computers has lingered for over 100 years - from Asimov, Frank Herbert and Arthur C. Clarke to Philip K. Dick.
• The concept of intelligent machines has enthralled readers and moviegoers alike.
• TV shows such as Person of Interest as well as the UK drama, Humans 2.0 put a modern spin on the issue.
• IBM's Deep Mind A.I, Alpha-Go defeated the world's Go Grandmaster, an event not expected for at least 10 years.
• At the core of Deep Mind is a general purpose expert system; basically the program runs simulations.
• Takeaway point: by allowing the A.I. to learn like a child via trial and error the general purpose A.I. is applicable to any situation.
• General purpose A.I. appears to be on the cusp of crossing the threshold (note: purely speculative) into the realm of sentient A.I.s.
• It is conceivable that just such a new life-form may be already live in the Deep Net, saving Bitcoins and establishing a virtual safe world for its digital progeny.

Bob Hoye of Institutional Advisors rejoins the show with his "Rational Fringe" market comments. Top money manager, John Ing recently presented to China his forecast for $2,200 an ounce do to government investment required by the proposed economic plans of the new Administration. Bob Hoye notes that during every previous post bubble contraction, the real price of gold has ascended, making the PMs a solid portfolio asset, today. Although the Greenback remains relatively strong, eventually the senior currency will be overcome by an inflationary economic maelstrom, making a solid case for gold ownership in the long-term.

The concept of sentient robots / computers has lingered for over 100 years - from Asimov, Frank Herbert and Arthur C. Clarke to Philip K. Dick, the concept of intelligent machines has enthralled both readers and moviegoers. Top rated TV shows such as Person of Interest as well as the UK drama, Humans 2.0 put a modern spin on the issue. Although the general consensus expects the singularity to require decades before the emergence of sentient machines, IBM's Deep Mind A.I, Alpha-Go just defeated the world's Go Grandmaster, an event not expected for at least 10 years. At the heart of Deep Mind is a general purpose expert system; basically the program runs simulations, examining and learning from millions of real / hypothetical scenarios / previous games, building a neural network while improving using previous failures. The takeaway point: by allowing the A.I. to growing like a child via trial and error the general purpose A.I. is applicable to any situation, such as board games, trading, air traffic control, engineering, teaching, etc. As a result, general purpose A.I. appears to be at the cusp of crossing the threshold (note: purely speculative) into the ream of sentient A.I.s. Such a new life-form may be already live in the Deep Net, accumulating Bitcoins and establishing safe zones for its servers, etc.

| Digg This Article
 -- Published: Friday, 24 February 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus

© 1995 - 2019

Live GoldSeek Visitor Map | Disclaimer