Dirty little secret no one is talking about...

[Mvic]

Quote from jficquette:

I think the only thing that is going to go hyper is productivity.

We are only 20 years away from primtive artifical intelligence. When true AI kicks in you will see incredible advances in science. Cures for diseases, superconducting materials, nanotechnology, gravitronic devices. It goes on and on.

Science will save us if we don't blow ourselves up first.

John

On my more optimistic days i see this too though I wonder about the 20 year time frame, it might be more like 50. In the meantime how do we survive long enough to get there. Does anyone see a scenario where rates don't skyrocket?

 

[Nanook]

Quote from Now is Now:

I have been drinking so if something doesn't make sense here...I apologise..will orrect it another day.

Merlot here...

 

[Nanook]

Quote from jficquette:

I think the only thing that is going to go hyper is productivity.

We are only 20 years away from primtive artifical intelligence. When true AI kicks in you will see incredible advances in science. Cures for diseases, superconducting materials, nanotechnology, gravitronic devices. It goes on and on.

Science will save us if we don't blow ourselves up first.

John

You haven't watched the 3 Terminator movies, have you?

 

[just21]

When the Treasury cannot sell bonds the Federal Reserve will buy the bonds with printed money. The politically correct term is quantative easing.
The figure of $239 billion of US debt held by the UK, is not the UK government, but hedge funds and sovereign wealth funds who put the trade on through banks in London.

 

[jficquette]

Quote from Mvic:

On my more optimistic days i see this too though I wonder about the 20 year time frame, it might be more like 50. In the meantime how do we survive long enough to get there. Does anyone see a scenario where rates don't skyrocket?

I think that we will have primitive AI in 20. I would guess the military has had it for some time considering that the unmanned predictor drones have been out in the open for some time. Military technology used in the open is usually 30 years old.

I agree though it will be 50 years or so before all of this becomes the new dominate drivers.

John

 

[Nanook]

Quote from just21:

The politically correct term is quantative easing.

And the correct spelling is: quantitative easing - http://en.wikipedia.org/wiki/Quantitative_easing

Geez! Maybe I need something stronger than Merlot!

(...and something else to do on a Saturday night?)

((give me a break >>> it's -3 degrees here))

 

[jficquette]

Quote from Nanook:

You haven't watched the 3 Terminator movies, have you?

Whenever they come on lol.

 

[GTS]

Quote from jficquette:

I think that we will have primitive AI in 20. I would guess the military has had it for some time considering that the unmanned predictor drones have been out in the open for some time.

Predator drones are unmanned but there is still a human pilot remotely controlling it, don't see any AI technology there.

 

[jficquette]

Quote from GTS:


Predator drones are unmanned but there is still a human pilot remotely controlling it, don't see any AI technology there.

It starts with remote controlled versions. The goal would be to develop unmanned, non remotely piloted versions.

Since open stuff is 30 years old and since I would guess in 30 years the private sector would develop it, then they should have it by now.

John

 

[Cesko]

Quote from gnome:

Baloney! The money has always been in manufacturing, regardless of innovation.

The money has always been in agriculture, regardless of innovation.
(Sarcasm trying to expose the stupidity of the answer)