What is this Facebook Libra Cryptocurrency?
Everyone has heard of cryptocurrency, right? If you are a fan of digital currency too than your newsfeed must be flooded with the latest news too.
Yes, by the latest I mean the Facebook Libra Cryptocurrency!
Finally, Facebook has also revealed all the details of the cryptocurrency they’ve recently launched, Libra. With Libra Cryptocurrency you can buy and send stuff to people with almost zero fees. But in the case of Libra, Facebook isn’t entirely controlling it. It’ll just get a single vote in its ascendancies like the several other members of the association including Andreessen Horowitz, Visa, and Uber. All these associations are meant to promote the Libra Blockchain making it dominant and popular.
How does Facebook Libra Cryptocurrency work?
We’ve learned some basics about Libra, right? You can simply cash in the state’s currency, purchase Libra and spend it like dollars without worrying about the fees.
But it is a lot more than that. The fundamental and artificial intelligence technology, the association leading and governing it, the wallets which you’ll prefer to choose and the procedure through which the payments will work – everything has an elaborative aspect to them. Facebook has published 100+ pages of documentation regarding Libra and Calibra. Here are some interesting details we’ve extracted from the detailed documentation which might be a little hard for you to read. Let’s dive in.
The Libra Association:
Before launching the Libra Cryptocurrency, Facebook was aware that everyone wouldn’t trust the new digital currency, therefore, it started recruiting the different founding members of the association – the Libra Association.
The founding members paid $10 million equally to join and also became a validator node operator optional which means they gained one vote in the association and become eligible for a share which is proportionate to the invested amount.
Other than this, Facebook is also debuting a secondary company which is referred to as Calibra which can protect the user’s privacy by staying away from the payments made through Libra. Moreover, it is also designed to handle crypto dealings. The real ID of the users is always hidden from the transactions made publicly.
The interesting fact is that the other founding members along with Facebook can earn the profit on the money which is cashed by the users. This is primarily done to keep a stable value.
Facebook’s impudent offer to develop a universal digital currency that endorses fiscal enclosure for the unbanked essentially has more confidentiality and decentralization in-built than many anticipated. Rather than attempting to manage Libra’s future or crush tons of money out of it directly, Facebook has chosen to play the long-game by dragging costs into the online domain.
Cryptocurrencies have made it easier to transfer cash straight to someone and also helps quite a lot in business. Nonetheless not confidential, cryptocurrencies are often referred to as pseudonymous. Certain cryptocurrencies, particularly bitcoin, consists of a cap on its number which can be issued, this means that the owners of already existing coins wouldn’t have to stress about the capricious development of new coins like Libra.
Retailers are always looking for new and innovative ways to progress the buyer’s experience to boost sales. Exploring the evolvements in retail technology helps in advancing the customer’s knowledge, which ultimately increases sales. This has helped in shaping the retail industry quite a lot.
Back in the 1800s, several department stores were launched, which marked the emergence of the modern retail industry. From the small-town shops of expert -only stores, the department store provided an array of options for the customers giving a much extensive choice.
With time, the department stores became popular as it marshaled in the progression of retail technologies. Moreover, cash registers also appeared for the first time during that time, though they weren’t that popular it did stop the extra effort employees had to put.
Furthermore, purchasing items ‘on-credit’ is also part of the retail industry; however, the credit cards didn’t appear until the 1940s. By this time, the majority of the banks started launching plastic credit cards. This helped in the evolution of retail stores quite a lot.
Here is an elaborative overview of the distinctive eras of retail. You’ll find out how it has evolved so rapidly over the past few decades.
From the 1900s to 1940s:
In the early 20th century, customers usually visited the local corner stores since there were no department stores at that time. The local stores were mainly family-owned small stores that were particularly located in a single physical position. Later, the revolution in technology occurred when the self-service model was introduced where the customers could touch and examine the items themselves without requiring any help from the associates at the store. This significant change eventually involved the customers more occupied in the process.
In the early 1900s, the UK has the most ground-breaking department stores which had elevators and public washrooms there too. This attracted the customers even more and enabled the buyers to spend more time shopping.
From the 1940s to 1970s:
During this time the majority of the people owned cars and began moving to the outskirts of towns. This is one reason why enclosed shopping places began to appear. The first entirely-enclosed, climate-regulated mall was introduced in the United States back in 1956. The advancement in technology was seen in such malls since they had air-conditioners, escalators, and automatic doors which attracted the customers to a great extent.
From the 1970s to 1990s:
The primary category killers that are still seen today started to squash out several less critical businesses during the 1980s. This is one apparent reason why retailers began filing for bankruptcy. This happened because they were quite slow to amend the buyers’ progressing needs.
From the 1990s to today:
This was the time when the retail industry revolutionized entirely due to the establishment of e-commerce. This also removed the international borders that ultimately broached the bar of the purchasers' experience. The latest technology allowed ‘regular’ individuals to sell their products online on websites like Etsy, Amazon, and eBay. In fact, by 1999, even a small retail shop should already be on Amazon. By 2019, if the store doesn't have an independent e-commerce website searchable on the internet, its end was going to be near. Then came Alibaba, where Chinese manufacturers can distribute their goods all over the world.
With the use of social media, the retail industry ads are more aggressive and targeted than ever. The use of artificial intelligence is also used in retail apps such as AliExpress for users to scan merchandise they like, which alert manufacturers and help them find the items that match the users' taste.
With the evolution of technology, players in the retail industry need to evolve with it. Similar to every industry, the ones unable to adapt will not be able to survive and thrive.
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In 2019, almost 80% of internet usage will be done through mobile phones. Moreover, as far as the youth is concerned, almost 95% of 13-17-year-olds can access a smartphone with an internet connection. These statistics have played a key role in public health services and sexual health care to move online so they can be available to the young ones at all times. From social media presence to applications, teenagers can now access informed information more easily than ever.
Sexual and Public Health Care
Sexual health care has always remained somewhat of a taboo, especially to the younger generations. However, it was the lack of access to information that resulted in mishaps and risks of young girls and boys. Therefore, technology is now making it possible to interact with teenagers where they are present most of the time. Teenagers use messengers, chatbots and social media to talk to their friends and sexual partners. They are more likely to turn to the same communication methods when they are concerned about public health.
The manager of Ask Brook, Rachel Wyartt stated, “It was increasingly becoming apparent that this is how young people wanted to talk to us.” These services mostly provide instant replies to the queries with complete anonymity promised. The Family Planning Association recognizes how difficult it can be to share intimate stuff with anyone. From young people to adults, many feel like they need guidance without feeling vulnerable. This is why the increasing presence of sex tech can play a positive role in the overall society.
The Planned Parenthood Federation of America has a live online chat service reported to be used by people that fall in the age bracket of 15-24 years. According to their observation, sex education can impact the decisions that young people tend to make out of impulsivity and lack of knowledge.
Transformation of Intimacy with Sex Tech
However, the role of technology is not limited to the educational value it provides to youngsters. There is a broad business run on the market for sexual objects. Companies like the Vibease and Kiiroo provide internet-connection sex toys which could not have conceived a few years ago. The smart vibrators allow partners to experience sensations even when they are miles away from each other.
On the other hand, the emerging prototypes for the long-distance kissing types are also becoming a common sex tech product. There is a connected pillow that lets you hear the heartbeat of your lover in real-time too. These products are anticipated to take over by storm in the coming years as long-distance sex becomes more appealing and convenient. The sex tech is not only appealing or futuristic but also improving the intimacy of partners by giving them a choice to connect with each other in ways that were never possible before.
In other words, sex tech and public health go hand in hand. Any startup for providing information to youth and business that is introducing sex toys with the latest technology will have a stable future in the coming years.
Artificial Intelligence has been a ruling concept since technology has become a part of human life. Artificial intelligence is related to computer sciences in which the computers are trained in a way that they can imitate human activities and even feelings. With the time development is being done in artificial intelligence so that so in future it takes over anything that a human being can perform and do it in a much easier and quicker way. However, one question that pops up in everyone’s mind is whether artificial intelligence can detect fake news or not?
In current times, fake news prevails in the world like a rocket. And it is pretty hard to detect between fake news and a legitimate one. To stop people from believing in the fake news it is important to dig into it and let the right knowledge prevail in the society. It is quite difficult to verify the authenticity of the news because of which the journalists either struggle or take advantage of it. However, with the help of artificial intelligence, this matter is being taken care of. Artificial intelligence can rate the news according to its authenticity of being fake or not. That is why using automated machines is being considered as the best way to tackle fake news. As technology is becoming smarter, it is suggested that people need to be educated as well on how not to believe in every news at its face value.
There are four different ways in which artificial intelligence helps in identifying fake news:
Web Pages Scoring:This is a method that was introduced by Google. In this method, the accuracy is scored on each web page according to the facts they have on it. It has been a great success that is why more advancement is being done on it as it evaluates the context of every page without relying on any other party.
Weighing Facts:The artificial intelligence here plays a part in scanning through a whole story from its heading, main body to its geographical location. This scan helps in determining whether all the sites are on the same wavelength regarding the facts and later on these facts are weighed against all the reported media links.
Reputation Prediction:The websites are being predicted in artificial intelligence through machine learning tool, as it backs up every data regarding the particular sites it becomes easier to predict reputation of a website through their domain and ranking of the web.
Discover Lurid Words:To grasp the attention of people relating to new things, the headline is the best key to achieve it. The analytics of keywords finding is used in artificial intelligence to tackle the headlines regarding fake news.
As the question was asked whether Artificial Intelligence can identify fake news or not, after the research, it has been answered that yes it certainly can identify fake news and is better at it than any human being can. Because of this discovery more and more research is being done on this specific matter and how artificial intelligence can assist in it.
Elon Musk is a real icon and an inspiration for everyone. He is renowned for his work on the sustainability of humanity. Following are the five greatest lessons one can take from Elon Musk and his thriving journey.
Never Give Up
No matter what our aim in life is, we should never give up. We learn this from Elon Musk’s journey that no matter how disastrous a thing may seem now, give it time. Set unrealistic deadlines for yourself, work hard and keep striving. Elon Musk does not believe is losing hope. In the initial stages when Tesla seemed like a disaster and people were already giving up on it, he stood by his dream. He worked day and night and made it a giant in the automobile industry. This did not take place overnight, but countless days and nights were spent in making efforts to make things right. Patience and effort is the key to success.
Face your Fears
When Elon Musk decided that he wanted to be an entrepreneur, he challenged himself to survive each day with only $1. He did not give this challenge to himself because he was poor or dealing with paucity, he did so because this was his greatest fear before being an entrepreneur. He was conditioning himself to deal with this situation so that if he ever has a major loss in his business, he knows what is at stake and how to survive it. Similarly, the only way to get rid of our fears is to face them HEAD ON.
Keep Working on Yourself
Elon Musk made sure that he keeps improving himself. Someone who has achieved so much in life, but he still questions himself. He believes it is very important to get feedback from yourself first. If you have done something, you have to see how you could do it better. Never settle for less and always keep improving. If you settle at when you have only given your 50%, you will never work hard enough where you will give your 100% and you will never know how that turns out. So always push yourself towards greatness and never settle for less.
Keep Working Hard
We all dream and wish, but we get to experience them in real life only when we are working on them. Elon Musk worked day and night, he worked as if there was no tomorrow and this is the reason he is so successful now. We need to remember that hard work pays off, the result of hardworking is always fruitful and sooner or later it comes to our feat.
It’s OK to Fail
How many times have we stopped ourselves from doing something because of the fear of failing? We don’t start a business because we fear we might lose all our money and fail. We are scared of approaching someone because of the fear of getting rejected. But what if, we win? If we will not even try, how will we know for sure? Elon Musk was scared and afraid of failure too. But he had made a proper plan for that too.
These might look like some basic tips, but sometimes, the most advanced structures start with the basics.
Tom Tadfor Little, a tarot card historian says that at first the tarot card reading was observed in Europe in 1375. And, they learned this from the Islamic societies who used tarot cards hundreds of centuries before the Europeans. He says that at first there was no concept of showing the tarot cards but then this concept evolved gradually that these cards were considered as tarot cards. They created their own deck and then started using them to predict the future. At first, there was no concept of the tarot cards or any type of deck which claimed anything about life.
Tarot Cards to be considered as a game in ancient days:
In the initial days, there was no concept of tarot card reading but it was used for entertainment. The origin of tarot cards was not mentioned until 1440. Instead, the Duke of Milan introduced through his letter of request to use a deck of triumph cards at special events only. This letter then gave a difference between the purposes of triumph cards that these are different from the regular playing cards. That is why it was first taken the tarot cards as a purpose of playing cards in ancient times.
How were tarot cards used for playing triumph?
Since these cards were divided into categories, there were four suits which were numbered from 1 till 10 and the court cards which had king, queen, knight, and page in them. There were symbolic pictures drawn on the other 22 cards and they were not a part of the suit cards. In this way, the suit deck was used to play triumph and this game was similar to ‘bridge’. In this deck of game, there were 21 cards which were a set of trump cards out of these 22 cards. This game became so popular and spread quickly in entire Europe. People then started relating this game with an Italian game named ‘tarocchi’ in around 1530.
The discovery of Tarot Card Reading:
Around 1781, the discovery of tarot card reading was made by the French and British. They started reading and analyzing the symbol on the cards. They understood those symbols and extracted meanings out of those symbols. They realized that these cards mean more than just playing trump cards. They then gradually started using these cards as divination tools to introduce the readers and writers about the ‘Tarot’. Soon after this discovery, these cards became an occult philosophy.
The misconception of the origination of Tarot Cards:
Many people perceived that the tarot cards originated from the ancient history of Egypt. They thought that these cards originated from the burning books and libraries of Egyptian History. They thought that these cards depicted symbols and keys of life for the Egyptian hieroglyphs. This misconception was later proved wrong and soon the correct origination of tarot cards was introduced by the French and the British.
Tarot cards reading is meant to be reflective of our inner beings and meditative for us. Instead of looking for external reasoning after tarot cards reading, one should always look within and reflect on how the fortune could play out.
Check out our Tarot Card Reading Happy Hour event:
We are always in a hurry to save time and get everything done in the quickest way possible. Driving while being on the phone is the most famous example of multitasking. Multitasking is also switching repeatedly from one task to another, hoping to get them all done at once. But let’s stop and ask ourselves- is multitasking actually increasing our productivity level?
When we jump from one task to another and switch among tasks, we are not being efficient, in fact, we are putting our brains in stress by the constant change. Research has found that even a fresh brain of a 12-year-old cannot multitask. We are actually switching our tasks. Task switching or as we call in Multitasking takes a great toll on our productivity. Following are some of the ways it is taking a toll on us:
The reason why multitasking takes a toll on our productivity is that, us thinking to get maximum done in the shortest span of time, takes a toll on our brain, with time, gradually we start losing our focus, paying attention seems like a torturous task to us and it starts impacting our productivity and daily life in an adverse way. We might get our things done somehow, but we will not be learning or adapting any new skills or techniques.
A great example which I am sure a lot of us can relate is with, when we study we tend to use our phone too. We think we got it covered like we are smart enough to do both the things at once but in reality, it has been observed whatever we have learned in that time does not stay with us for a long time. It is very likely that we forget about the subject matter the next day.
In a nutshell, constant multitasking does not only affect our productivity but tends to take a toll on our mental health as well. Studies have found that when a person feels that he/she has been less productive, it automatically ruins their mood. So psychologists suggest to stick to one work at a time and pay attention to it individually. For your mental health and productivity, you need to stop multitasking.
Check out how to stay productive with a single task by using time blocking techniques!
Meet Jason, one of our oldest members, who is a consultant in marketing and development. He is the founder of Dev Spotlight and is unique in many ways.
Can you tell us about your background and how that led you to what you do today?
I have a background in software development. My first job after graduating from college was working at Amazon. I worked there for a few years and then decided to get into startups. I founded my own company called Keona Health which is now profitable and growing. I then joined another startup called Loggly which helps developers monitor their apps and fix problems quickly. I helped it grow revenue over 20x and get acquired by SolarWinds.
At Loggly, I noticed a pain point that product marketing was difficult for companies that sell to developers. It's hard to find those unicorn people who are good at both software development and marketing. I noticed that many other companies wanted to do more developer marketing and developer evangelism but struggled to find the right people. That lead me to found Dev Spotlight. We are a consulting agency that focuses on creating great content for developers and DevOps engineers.
Who is your role model?
I look up to Elon Musk because he is able to make a vision for the future into reality, particularly when it's risky or difficult.
What is the key to staying competitive in the IT industry?
The key to staying competitive in this ever-changing tech industry is to always be learning. Some people are content in life doing just one thing. Although they may become an expert in that one thing, it also means they are less likely to keep up with new trends and methodologies. As a developer, your toolset might be completely different 10 years from now, so its important to keep learning. In fact, part of what Dev Spotlight does is educate developers on the latest technologies.
In what ways do you expect your company to grow in the next few years?
I'd like more developers to read our articles on a regular basis. We plan to hire more great developers as writers, especially people who are very experienced and well-known in their fields. We also plan to build stronger relationships with clients and publishers. To help us scale up, we are currently building a platform that will more efficiently connect our clients with writers and track results.
What are your biggest achievements/failures?
I see my time at Loggly as an achievement because we were able to grow the revenue by over 20x and help the company get acquired. It was a great learning experience to be working with the company during that period of growth. However, I sometimes regret not staying at Amazon 1-2 years longer to cash out more of my stock grant. Their stock has done really well since in the past few years.
What made you choose and stay in the Treehouse Society?
I was looking around downtown (Market St.) near to where my client’s offices are so I can meet with them easily. One of the perks of being a consultant is that I can have my own private office. That allows me to focus better.
*By the way, Dev Spotlight is hiring freelance software developers and DevOps engineers. Check out their jobs page for more detailed information! *
Artificial Intelligence (AI) comes under the branch of computer science that focuses on building machines that are capable of performing jobs and activities that normally require human intellect. It is rapidly growing in today’s world and is being used in various areas of human life and work such as business, labor, construction, digital marketing, facial detection and even for driving a car. Some examples of AI being used are Google’s search Algorithms and IBM’s Watson.
Here are 6 AI Podcasts that one must listen to:
The Data Skeptic: In the show, the episodes have various formats ranging from mini-shows that explain a particular technique to interview shows. The couple Kyle and Linh Da explains complicated topics in a very easy way in mini talk shows. The podcast discusses and critically analyzes important machine learning and data science problems.
Artificial Intelligence in Industry: Dan, the CEO of Tech Emergence which is a research and consulting firm on artificial intelligence-based in San Francisco, provides help in AI procurements and technologies that help in learning machines. His podcasts are mainly introductory and highly recommended to executives and non-practitioners who aim to have a vast but basic knowledge and understanding of the ways artificial intelligence can be applied.
O Reilly Data Show: This show highlights Ben Lorica and here the Chief data scientist talks to various experts in different fields on very technical topics such as big data and other scientific topics but overall the discussions are very enlightening and interesting to hear.
Concerning AI: This show's idea of artificial intelligence is relatively different from the other podcasts in a way that Brandon Sanders and Ted Sarvata look at the concept of AI from a Philosophical perspective. They look at how artificial intelligence can be used in society today as well as in the future. Although artificial intelligence can get a bit frightening at times overall the concept is very thought-provoking.
Data Stories: This show focuses more on data visualization and sometimes the topics do overlap but each week, Enrico Bertini and Moritz Stefaner talk about different topics with their guests. The recent episodes on viewing data from space and data ethics are particularly very fascinating.
Talking Machines: This show focuses on different conversations with various people who are experts in the field. Various discussions on industry-related topics are held and all sorts of queries are resolved. This podcast is rather old focused on AI being started by Katherine Gorman, who is a storyteller, and Ryan Adams who learns the machine.
With the rapid improvement in technology, AI has become an important concept that the world should know more about. It has started to play an integral part in our daily lives and hence these podcasts provide good Insight to the topic as well as sufficient learning for those who want to learn.
From the presidential election debate last night, it doesn't seem like the world is ready for AI. Only one candidate addressed the consequences of technology and AI, while the other candidates were still talking about the past. Can we even accept the present and future of AI?
As scientific horizons widen, so do technological outlooks. But are we ready to be beaten by our creation which is Artificial Intelligence? Will we ever be able to accept something faster, stronger and smarter than us? Is the world ready to be beaten by the non-living?
What is Artificial Intelligence?
A machine learns on its own. For instance, if you are shown a caution sign once, you can identify practically any caution sign anywhere in the world. Similarly, artificial intelligence works the same way. Once you enter the basic data into their system, they keep improving their software by a feedback system until a point reaches where they start making unprecedented strategically decisions.
How Artificial Intelligence will make the world a different place?
For better or for worse, we can’t say for sure how the full impact of artificial intelligence would be on human life. In 2016, Artificial Intelligence named AlphaGo won against the human Go game grandmaster. AlphaZero is the new chess master after beating the world champion by using its human-generated parts and improving its mathematical errors in just a couple of hours, it was indisputable. It took 1500 years for humans to achieve this high cognition level that artificial intelligence achieved so rapidly. This indeed marks an important milestone in the tech world but did the human Go grandmaster celebrate Alpha Go’s victory? Quiet unlikely.
The world is still not sure about welcoming Artificial Intelligence to take over their victories, jobs, and homes. Most people see artificial as a threat to human existence. The reason being that simply robots work on manmade software, they teach themselves from the mistakes it makes corrects them by algorithmic theorems which may be and may not be ethically and morally correct.
If we start learning from our man-made artificial intelligence, we might be able to get smarter at calculations, estimations, might come up with even better environmental solutions but this won’t be concept based thinking. Artificial intelligence is unable to ponder, find the deeper meaning of life, it cannot reason outside the box. Feelings and emotions are something the human race craves. The artificial intelligence is devoid of reaching any level of consciousness shortly.
Another threat the world feels is the weapon harnessing artificial intelligence which will most probably cause the end of the human race. The problem is that robots don’t always interpret emotions right neither can it solve abstract problems. While artificial intelligence may save us from road traffic incidents by automatic safe driving cars, robotic surgeons save lives with better operation precisions, are we still ready for such perfection?
Not everyone in the world is good at heart and the world is really afraid of “evil scientists” of whom the world thinks might use for their malicious purposes. Also, once artificial intelligence starts making decisions for us that are greater than what we can figure out, they might start treating us an inferior race. But who knows when we will get there?