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Idiosyncratic use of punctuation - which of these annoys you the most?

  • Declarations and assignments that end with }; (C, C++, Javascript, etc.)
  • (Parenthesis (pile-ups (at (the (end (of (Lisp (code))))))))
  • Syntactically-significant whitespace (Python, Ruby, Haskell...)
  • Perl sigils: @array, $array[index], %hash, $hash{key}
  • Unnecessary sigils, like $variable in PHP
  • macro!() in Rust
  • Do you have any idea how much I spent on this Space Cadet keyboard, you insensitive clod?!
  • Something even worse...

[ Results | Polls ]
Comments:64 | Votes:119

posted by hubie on Wednesday June 21 2023, @10:21PM   Printer-friendly
from the for-academic-use-only dept.

Autonomous Vehicle International (a trade mag) is running the story, Aurora announces release of open-source autonomous driving data set to support advances within the sector, which describes a large vehicle sensor data set being made available to university researchers.

In partnership with the University of Toronto, Aurora Innovation has publicly released the Aurora Multi-Sensor Dataset, a large-scale multi-sensor data set with localization ground truth. The data set consists of rich metadata which includes semantic segmentation and a variety of weather patterns such as rain, snow, overcast cloud and sunshine, in addition to different times of day and varying traffic conditions.
[...]
By releasing the data set to the academic sector, Aurora aims to contribute "meaningful engineering research and development" to support progress within the autonomous systems field. Additionally, due to the size and the diversity of Aurora's Multi-Sensor Datatset, it can be used for 3D reconstruction, HD map construction, map compression and more.

The data set was captured by Uber Advanced Technologies Group (ATG) in the metropolitan area of Pittsburgh, USA between January 2017 and February 2018. Aurora acquired the data set in January 2021. Uber ATG used a 64-beam Velodyne HDL-64E lidar sensor and seven 1920×1200-pixel resolution cameras, in addition to a forward-facing stereo pair and five wide-angle lenses providing a 360-degree view around the vehicle to capture the data.

The dataset is available at https://registry.opendata.aws/aurora_msds/ and the license information on that page is,

License
This data is intended for non-commercial academic use only. It is licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Documentation
A third-party development kit authored by Andrei Bârsan of the University of Toronto, made available under the MIT License, can be found here: https://github.com/pit30m/pit30m. Aurora makes no representations as to the functionality or performance of the dev-kit.

It's Pittsburgh, they have below freezing temps, the roads develop potholes, construction changes the roads and so on. My guess, while this dataset is large and rich, by now it's also less than accurate. Still, better than nothing for grant-starved university researchers.


Original Submission

posted by requerdanos on Wednesday June 21 2023, @05:36PM   Printer-friendly
from the taurine-life dept.

Taurine deficiency as a driver of aging: Lab mice that got taurine supplements lived 10-12% longer lives. So all the kids that are pounding Red Bull (and all the other energy-drinks) might live longer if their hearts don't explode from over-consumption.

Taurine May Be a Key to Longer and Healthier Life:

A deficiency of taurine—a nutrient produced in the body and found in many foods—is a driver of aging in animals, according to a new study led by Columbia researchers and involving dozens of aging researchers around the world.

The same study also found that taurine supplements can slow down the aging process in worms, mice, and monkeys and can even extend the healthy lifespans of middle-aged mice by up to 12%.

[...] “For the last 25 years, scientists have been trying to find factors that not only let us live longer, but also increase healthspan, the time we remain healthy in our old age,” says the study’s leader, Vijay Yadav, PhD, assistant professor of genetics & development at Columbia University Vagelos College of Physicians and Surgeons.

“This study suggests that taurine could be an elixir of life within us that helps us live longer and healthier lives.”

Journal Reference:
Parminder Singh et. al. Taurine deficiency as a driver of aging, Science (DOI: 10.1126/science.abn9257)


Original Submission

posted by janrinok on Wednesday June 21 2023, @03:38PM   Printer-friendly
from the scalpers-will-always-scalp dept.

US sanctions ignite booming black market for Nvidia AI chips in China:

What do you do when US sanctions prevent the purchase of high-performance Nvidia AI GPUs? In China, universities and businesses are turning to underground dealers to secure these chips, and paying a premium to get their hands on them.

In September last year, the US further tightened sanctions against China by instructing Nvidia and AMD to stop selling their high-performance AI-focused GPUs to the country (and Russia), a restriction aimed at preventing the US companies' top hardware from being used by or diverted to military users and finding their way into the nation's supercomputers.

The sanctions mean that China cannot import Nvidia A100 or H100 GPUs, while AMD's MI250 Instinct card is also prohibited, leaving less powerful options such as the MI100 accelerator and the Nvidia A800, which went into production in Q3 last year as another alternative to the A100 GPU. The chip has an interconnect speed of 400 GB/s, down from the A100's 600 GB/s.

Reuters reports that this year's generative AI boom led by OpenAI's ChatGPT has seen demand for Nvidia's high-end chips skyrocket in China. That's led to an underground market in the Asian nation, where everyone from startups to universities is paying large premiums to secure these GPUs - buying or selling the chips within China is not illegal.

Reuters visited the famous Huaqiangbei electronics area in the southern Chinese city of Shenzhen where two vendors told reporters they could provide small numbers of A100 chips for $20,000 each, double the usual price of around $10,000.

A Hong Kong startup founder said he experienced the same thing when quoted $19,150 each for two to four A100 cards, which were needed to run its latest AI models. In addition to paying much more than their MSRP, these cards lack any kind of warranty or support.


Original Submission

posted by NCommander on Wednesday June 21 2023, @03:28PM   Printer-friendly
from the slow-but-steady-progress dept.

So, just keeping some updates here.

Infrastructure wise, we've got all the base Docker images, and compose files put together to the point that it's fairly easy to simply run "docker compose up", and get a working rehash installation with the infrastructure playbook. We've got it working on staging.soylentnews.org, albeit with some hiccups.

This also includes all auxiliary services needed for both sides, as well as things like IRC server and necessary bots are included. I had to spend quite a few hours dealing with the remains of the MySQL cluster install, but I managed to recover the soylentdev database from the NDB backups I took before decommissioning the old cluster. Dev.soylentnews.org is back online as of writing.

mechanicjay has set a PR for getting rehash running on Apache 2.4, which I've spent some time getting working in a Docker branch, but haven't reviewed in-depth. I've mostly been working on getting everything else rebuilt as is before introducing a potentially unstable update into the stack. My understanding is there's some dependency problems, but just getting index.pl and such rendering is a big step forward.

So in short, the technical aspects of the site are at least getting worked on. I'll cover the business side of it below the fold.

I have seen most of the open letters and comments. There's a lot to cover, and honestly, a large post on the main page isn't a good way to do this. However, I will address the largest recurring theme, which is fear that people believe that the PBC is going to sell people's personal data, or otherwise harvest it beyond what we have.

The PBC was specifically founded to keep SN as an independent entity so we wouldn't end up under another DICE-like entity. Slashdot changed legal owners many times over the years both in an effort to make it profitable through the .com era, and in later years, as a showcase for advertors to spend money on. From what I can tell, a lot of people fear that SoylentNews will essentially become what Slashdot Media (https://slashdotmedia.com/) is today.

Let me address this one right now. That isn't what is happening here.

Right now, Matt and I have officially held the meeting and did the paperwork to have kolie installed as COO as an officer of the PBC. He can speak on behalf of the company officially. Along those lines, we are determined to seek one or more qualified candidates to serve on the Board, with the goal of nominating at least one such candidate to the board no later than July 31, 2023. The big news is - your voice is being represented - throw in your hat if you want to participate.

At which point, we're going to take advantage of some foresight that we did 9 years ago.

SoylentNews's public benefit corporations bylaws specifically allow for a business meeting to be held over IRC. So, at some point somewhat soon, we're going to host a formal meeting where the board (likely represented by me and kolie) will sit, and answer questions. An open form for questions will be posted, which will be consolidated down, and answered to the best of our ability.

The specifics of that are TBD, but I expect to open the floor in early July, and leave the questions period open for a week or so. We will then edit the list down, contact each person who wishes to present, post what we are covering, and then schedule the meeting on IRC. That's probably going to be a lot of back and forth.

The large shape of things I expect to come is going to be having the community much more directly involved in the business side, but that's going to likely require amending the bylaws, as well as having a specific written process of who is eligible, and all the paperwork that goes with.

I am semi-expecting we're going to have to discuss aspects of this with legal assistance simply to determine what is and isn't possible under Delaware business law for a public benefit corporation.

This is also the major step that will let me step out of the role of president of the PBC, and at the end of it, allow me to finally be able to step away, since there will be someone I can hand the role over to who will have legal responsibility for the site, and the knowledge that SN will not become DICEdot 2.0.

However, the honest truth is that while I am happy that SN appears to have a chance at continuing, and many of the very long standing issues being resolved, the personal cost to myself has been immense, especially in light of everything that has transpired.

There's an ongoing discussion as to what my exit from the site is going to look like when the changing of the guard is complete. Right now, for that to happen, all the steps I just outlined, and then have to be accomplished, but I can at least say things are moving. Perhaps not as fast as we all would like, but they're moving.

~ NCommander

EDIT: There was supposed to be a more firm commitment on when the board will be expanded in the original post that got lost due to multiple edits before this went live and got left out on the final version until I re-read it.

posted by requerdanos on Wednesday June 21 2023, @12:50PM   Printer-friendly
from the when-it-rains-it-pours dept.

The Reddit blackout, explained: Why thousands of subreddits are protesting third-party app charges

The Reddit blackout, explained: Why thousands of subreddits are protesting third-party app charges:

Thousands of Reddit discussion forums have gone dark this week to protest a new policy that will charge some third-party apps to access data on the site, leading to worries about content moderation and accessibility.

"Reddit is killing third-party applications (and itself)," multiple subreddits wrote in posts seen on the platform's homepage this week.

The new fees are part of broader changes to Reddit's API, or application programming interface, that the company announced recently.

[...] Nearly 9,000 subreddits went dark this week and more than 4,000 remained dark on Friday, including communities with tens of millions of subscribers like r/music and r/videos — according to a tracker of the boycott. While some returned to their public settings after 48 hours, others say they will stay private indefinitely, until Reddit meets their demands.

Hackers Threaten to Leak Stolen Reddit Data

Hackers threaten to leak stolen Reddit data:

Reddit’s month may be going from bad to worse.

Hackers from the BlackCat ransomware gang, also known as ALPHV, are threatening to leak 80 gigabytes of confidential data from Reddit that they claim to have stolen during a February breach, according to a post from the group on the dark web, which was reviewed by CNN and an independent cybersecurity expert.

In their post, the hackers claim they first demanded a US$4.5 million payout “for the deletion of the data and our silence” in April. After receiving no response, the group said it followed up on Friday with an additional demand: Reddit should withdraw a controversial new pricing policy that has sparked a protest from some of the platform’s most influential users.

[...] "We are very confident that Reddit will not pay for its data," the group wrote in the post on the dark web. "We expect to leak the data."

Reddit communities adopt alternative forms of protest as the company threats action on moderators:

Multiple subreddits are adopting alternative methods of protesting like publishing only one kind of post, changing the topic in focus, and days when the community turns private.

[...] There are some truly bizarre forms of protest as well:

While these methods are innovative and amusing, we’ll have to see if Reddit management shows any tendency to budge. In recent interviews, Huffman vehemently defended the company’s API rule changes and said that it wants to be profitable. He also suggested that these protests were spearheaded by a “small group that’s very upset” and it didn’t have any impact on the company’s revenues. Through these public votes, communities are trying to prove that a large number of people are unhappy with the changes made by Reddit.


Original Submission #1Original Submission #2

posted by janrinok on Wednesday June 21 2023, @08:04AM   Printer-friendly
from the it's-almost-like-they-are-deliberately-misleading dept.

Language used for app tracking privacy settings causes consumer confusion:

Privacy and security features that aim to give consumers more control over the sharing of their data by smartphone apps are widely misunderstood, shows new research from the University of Bath's School of Management.

43 per cent of phone users in the study were confused or unclear about what app tracking means. People commonly mistook the purpose of tracking, thinking that it was intrinsic to the app function, or that it would provide a better user experience.

App tracking is used by companies to deliver targeted advertising to smartphone users.

[...] The most common misapprehension (24 per cent) was that tracking refers to sharing the physical location of the device - rather than tracing the use of apps and websites. People thought they needed to accept tracking for food delivery and collection services, such as Deliveroo, or for health and fitness apps, because they believed their location was integral to the functioning of the app.

While just over half of participants (51 per cent) said they were concerned about privacy or security – including security of their data after it had been collected - analysis showed no association between their concern for privacy in their daily life and a lower rate of tracking acceptance.

[...] "Some of the confusion is likely to be due to lack of clarity in wording chosen by companies in the tracking prompts, which are easy to misinterpret. For example, when ASOS said 'We'll use your data to give you a more personalised ASOS experience and to make our app even more amazing' it's probably no surprise that people thought they were opting for additional functionality rather than just more relevant adverts."

[...] Other misconceptions included believing that consenting to sharing for health apps (such as period tracking apps) would mean private data being shared, or that denying tracking would remove adverts from the app.

[...] "While people are now familiar with the benefits of having PIN numbers and facial recognition to protect our devices, more work needs to be done so people can make transparent decisions about what other data is used for in the digital age."

Journal Reference:
Hannah J Hutton and David A Ellis, Exploring User Motivations Behind iOS App Tracking Transparency Decisions, CHI '23: Proceedings of the 2023 CHI Conference on Human Factors in Computing Systems, 2023. https://doi.org/10.1145/3544548.3580654


Original Submission

posted by janrinok on Wednesday June 21 2023, @03:15AM   Printer-friendly

Here's why it matters to you:

New University of Colorado Boulder research shows the number of farms globally will shrink in half as the size of the average existing farms doubles by the end of the 21st century, posing significant risks to the world's food systems.

Published today in the journal Nature Sustainability, the study is the first to track the number and size of farms year-over-year, from the 1960s and projecting through 2100.

The study shows that even rural, farm-dependent communities in Africa and Asia will experience a drop in the number of operating farms.

[...] His analysis found that the number of farms around the world would drop from 616 million in 2020 to 272 million in 2100. A key reason: As a country's economy grows, more people migrate to urban areas, leaving fewer people in rural areas to tend the land.

A decline in the number of farms and an increase in farm size has been happening in the United States and Western Europe for decades. The most recent data from the U.S. Department of Agriculture indicates there were 200,000 fewer farms in 2022 than in 2007.

Mehrabi's analysis found that a turning point from farm creation to widespread consolidation will begin to occur as early as 2050 in communities across Asia, the Middle East, North Africa, Oceania, Latin America and the Caribbean. Sub-Saharan Africa will follow the same course later in the century, the research found.

It also shows that even if the total amount of farmland doesn't change across the globe in coming years, fewer people will own and farm what land there is available. The trend could threaten biodiversity in a time where biodiversity conservation is top of mind.

"Larger farms typically have less biodiversity and more monocultures," Mehrabi said. "Smaller farms typically have more biodiversity and crop diversity, which makes them more resilient to pest outbreaks and climate shocks."

And it's not just biodiversity: Food supply is also at risk. Mehrabi's previous research shows the world's smallest farms make up just 25% of the world's agricultural land but harvest one-third of the world's food.

[...] "Currently, we have around 600 million farms feeding the world, and they're carrying 8 billion people on their shoulders," Mehrabi said. "By the end of the century, we'll likely have half the number of farmers feeding even more people. We really need to think about how we can have the education and support systems in place to support those farmers."

Journal Reference:
Mehrabi, Z. Likely decline in the number of farms globally by the middle of the century. Nat Sustain (2023). https://doi.org/10.1038/s41893-023-01110-y


Original Submission

posted by hubie on Tuesday June 20 2023, @10:30PM   Printer-friendly
from the the-solution-has-always-been-copyleft dept.

Educator Lionel Dricot explores the historical prescience of Richard Stallman's (RMS) warnings and prophecies which have been spot on since the beginning, including his proposed solutions. Dricot points out that the problem with acceptance of the solutions is not with RMS or the Free Software Foundation (FSF), instead the problem is us and that we didn't listen. In addition to the Four Freedoms, he points out one obligation which has been taken for granted and left unspoken until now: the obligation to prevent privatization of the Commons.

There was one weakness in RMS theory: copyleft was not part of the four freedoms he theorised. Business-compatible licenses like BSD/MIT or even public domain are "Free Software" because they respect the four freedoms.

But they can be privatised.

And that's the whole point. For the last 30 years, businesses and proponents of Open Source, including Linus Torvalds, have been decrying the GPL because of the essential right of "doing business" aka "privatising the common".

They succeeded so much that the essential mission of the FSF to guarantee the common was seen as "useless" or, worse, "reactionary". What was the work of the FSF? The most important thing is that they proof-bombed the GPL against weaknesses found later. They literally patched vulnerabilities. First the GPLv3, to fight "Tivoisation" and then AGPL, to counteract proprietary online services running on free software but taking away freedom of users.

But all this work was ridiculed. Microsoft, through Github, Google and Apple pushed for MIT/BSD licensed software as the open source standard. This allowed them to use open source components within their proprietary closed products. They managed to make thousands of free software developers work freely for them. And they even received praise because, sometimes, they would hire one of those developers (like it was a "favour" to the community while it is simply business-wise to hire smart people working on critical components of your infrastructure instead of letting them work for free). The whole Google Summer of Code, for which I was a mentor multiple years, is just a cheap way to get unpaid volunteers mentor their future free or cheap workforce.

Our freedoms were taken away by proprietary software which is mostly coded by ourselves. For free. We spent our free time developing, debugging, testing software before handing them to corporations that we rever, hoping to maybe get a job offer or a small sponsorship from them. Without Non-copyleft Open Source, there would be no proprietary MacOS, OSX nor Android. There would be no Facebook, no Amazon. We created all the components of Frankenstein's creature and handed them to the evil professor.

Previously:
(2018) Happy 35th Birthday GNU!


Original Submission

posted by hubie on Tuesday June 20 2023, @05:42PM   Printer-friendly

Quantum weirdness applies to sound as well as to light and atomic particles:

You can't divide the indivisible, unless you use quantum mechanics. Physicists have now turned to quantum effects to split phonons, the smallest bits of sound, researchers report in the June 9 Science.

It's a breakthrough that mirrors the sort of quantum weirdness that's typically demonstrated with light or tiny particles like electrons and atoms (SN: 7/27/22). The achievement may one day lead to sound-based versions of quantum computers or extremely sensitive measuring devices. For now, it shows that mind-bending quantum weirdness applies to sound as well as it does to light.

"There was no one that had really explored that," says engineering physicist Andrew Cleland of the University of Chicago. Doing so allows researchers "to draw parallels between sound waves and light."

Phonons have much in common with photons, the tiniest chunks of light. Turning down the volume of a sound is the same as dialing back the number of phonons, much like dimming a light reduces the number of photons. The very quietest sounds of all consist of individual — and indivisible — phonons.

Unlike photons, which can travel through empty space, phonons need a medium such as air or water — or in the case of the new study, the surface of an elastic material. "What's really kind of, in my mind, amazing about that is that these sound waves [carry] a very, very small amount of energy, because it's a single quantum," Cleland says. "But it involves the motion of a quadrillion atoms that are all working together to [transmit] this sound wave."

Phonons can't be permanently broken into smaller bits. But, as the new experiment showed, they can be temporarily divided into parts using quantum mechanics.

[...] Sound-based devices are not likely to outperform quantum computers that use photons (SN: 2/14/18). But phonons could lead to new quantum applications, says Andrew Armour, a physicist at the University of Nottingham in England who was not involved in the study.

"It's probably not so clear what those [applications] are at the moment," Armour says. "What you're doing is extending the [quantum] toolbox.... People will build on it, and it will keep going, and there's no sign of it stopping any time soon."

Journal Reference:
H. Qiao, É. Dumur, G. Andersson, et al., Splitting phonons: Building a platform for linear mechanical quantum computing, Science, 380, 2023. DOI: https://doi.org/10.1126/science.adg8715


Original Submission

posted by hubie on Tuesday June 20 2023, @12:59PM   Printer-friendly

AI is going to eat itself: Experiment shows people training bots are using bots

Workers hired via crowdsource services like Amazon Mechanical Turk are using large language models to complete their tasks – which could have negative knock-on effects on AI models in the future.

Data is critical to AI. Developers need clean, high-quality datasets to build machine learning systems that are accurate and reliable. Compiling valuable, top-notch data, however, can be tedious. Companies often turn to third party platforms such as Amazon Mechanical Turk to instruct pools of cheap workers to perform repetitive tasks – such as labeling objects, describing situations, transcribing passages, and annotating text.

Their output can be cleaned up and fed into a model to train it to reproduce that work on a much larger, automated scale.

AI models are thus built on the backs of human labor: people toiling away, providing mountains of training examples for AI systems that corporations can use to make billions of dollars.

But an experiment conducted by researchers at the École polytechnique fédérale de Lausanne (EPFL) in Switzerland has concluded that these crowdsourced workers are using AI systems – such as OpenAI's chatbot ChatGPT – to perform odd jobs online.

Training a model on its own output is not recommended. We could see AI models being trained on data generated not by people, but by other AI models – perhaps even the same models. That could lead to disastrous output quality, more bias, and other unwanted effects.

[...] Large language models will get worse if they are increasingly trained on fake content generated by AI collected from crowdsource platforms, the researchers argued. Outfits like OpenAI keep exactly how they train their latest models a close secret, and may not heavily rely on things like Mechanical Turk, if at all. That said, plenty of other models may rely on human workers, which may in turn use bots to generate training data, which is a problem.

Mechanical Turk, for one, is marketed as a provider of "data labeling solutions to power machine learning models."

"Human data is the gold standard, because it is humans that we care about, not large language models," Riberio said. "I wouldn't take a medicine that was only tested in a Drosophila biological model," he said as an example.

Responses generated by today's AI models are usually quite bland or trivial, and do not capture the complexity and diversity of human creativity, the researchers argued.

"Sometimes what we want to study with crowdsourced data is precisely the ways in which humans are imperfect," Robert West, co-author of the paper and an assistant professor in the EPFL's school of computer and communication science, told us.

As AI continues to improve, it's likely that crowdsourced work will change. Riberio speculated that large language models could replace some workers at specific tasks. "However, paradoxically, human data may be more precious than ever and thus it may be that these platforms will be able to implement ways to prevent large language model usage and ensure it remains a source of human data."

Who knows – maybe humans might even end up collaborating with large language models to generate responses too, he added.


Original Submission

posted by janrinok on Tuesday June 20 2023, @08:14AM   Printer-friendly

MSI's latest PSU series aims to mitigate user error with one minor change:

MSI has launched its MAG GL power supplies, showcased at Computex 2023. These new power supplies are PCIe 5.0 compatible and are compliant with the ATX 3.0 standard. In addition to meeting new spec guidelines, they have the bonus of featuring yellow pin connectors on both ends of the cable. The idea behind the subtle change is to make it easier for users to see whether or not the cable is completely inserted, preventing a few common hardware failures, such as the 16-pin connector meltdowns on the GeForce RTX 4090, one of the best graphics cards.

According to MSI, users frequently reported problems with burnt power supply connectors when using them with newer high-end GPUs. Upon investigation, the team realized one of the most common causes of this issue was improperly connected cables. With the new yellow pin connectors, users can easily see whether or not the cable has been fully inserted when assembling their PC.

The new MAG GL series PSUs are designed to handle Nvidia GeForce RTX 40-series graphics cards. They are also compatible with Intel's Power Supply Design Guide (PSDG) ATX 3.0 standard. This support only waivers when the power supply isn't correctly installed, which is always necessary, especially given the latest hardware demands.

Previously: Another 16-pin RTX 4090 Power Adapter Has Melted, but From the PSU Side This Time


Original Submission

posted by hubie on Tuesday June 20 2023, @05:51AM   Printer-friendly

Submarine on expedition to Titanic wreck missing with 5 aboard; "search and rescue operation" underway

A search and rescue mission was underway Monday for a submarine that went missing in the North Atlantic on an expedition to explore the wreckage of the Titanic. Lt. Jordan Hart of the U.S. Coast Guard in Boston first confirmed to CBS News that personnel were "currently undergoing a search and rescue operation" when asked about the rescue efforts off the coast of Newfoundland.

At a news conference Monday afternoon, Rear Admiral John Mauger confirmed that five people were on board. A Coast Guard official identified them as an operator and four mission specialists — a term the company uses for its passengers.

The vessel submerged on a dive Sunday morning, and the crew of the Polar Prince — the ship that ferried the submersible and expedition members to the dive site — "lost contact with them approximately 1 hour and 45 minutes into the vessel's dive," the Coast Guard said in a tweet.


Original Submission

posted by hubie on Tuesday June 20 2023, @03:28AM   Printer-friendly
from the only-physical-money-is-real dept.

Is the US trying to kill crypto?:

[...] The sector was already under pressure, after prices of virtual currencies collapsed last year. Further damage came from the meltdown of several high-profile firms, including FTX, run by the so-called "Crypto King" Sam Bankman-Fried, whom prosecutors have accused of conducting "one of the biggest financial frauds" in US history.

Jolted by the turmoil, US regulators stepped up their policing of the sector, which authorities say has been on notice since at least 2017 that their activity runs afoul of US financial rules intended to protect investors.

The campaign has yielded a steady drumbeat of charges against crypto firms and executives, alleging violations ranging from failing to register properly with authorities and provide adequate disclosure of their activity to, in some cases, more damaging claims such as mishandling of consumer funds and fraud.

[...] Gary Gensler, the chairman of the Securities and Exchange Commission, defended the moves this month, comparing the state of affairs in the industry to the 1920s, before the US put in place many of the rules in question: "Hucksters. Fraudsters. Scam artists. Ponzi schemes. The public left in line at the bankruptcy court."

[...] Critics accuse the SEC under Mr Gensler of hostile "regulation by enforcement" aimed at boosting his own political profile.

[...] Whether the SEC's moves could actually kill the industry - in which by at least one estimate one in every six Americans has invested - is another question.

[...] Hilary Allen, a law professor at American University, thinks crypto is inherently susceptible to boom-and-boost cycles and manipulation by insiders, and thinks it should be banned. She says the SEC's actions could help re-confine crypto to the realm of tech enthusiasts, given the wider state of the industry.

"If we combine these enforcement actions with waning trust from the public, with possibly waning interest from venture capital, then maybe there isn't a future," she says.

But Mr Stephens, who has weathered two "crypto winters" already, says he thinks the future remains bright - if at risk of ending up overseas, given America's current approach, which is seen as less friendly than other jurisdictions, including the UK and the EU.

He points to Bitcoin's price, which is hovering around 2020 levels, but has gained significantly from the start of the year. Ether has also risen.

[...] "It would be a mistake to think that the US... could kill the industry. It can absolutely, though, make the crypto industry smaller," she says.

Federal Reserve Issues New Restrictions on Crypto Banking:

The Federal Reserve Board warned member banks that it intends to presumptively prohibit a large portion of cryptocurrency banking activity, as the demand for more guidance over digital assets has grown following rampant instances of fraud.

Outlined in a final rule published on Tuesday, the Board of Governors of the Federal Reserve System offered an interpretation of section 9(13) of the Federal Reserve Act to govern the use of digital assets within the federal banking ecosystem. That section specifically applies rules set by the Federal Reserve for member banks, dictating the banking activity state depository institutions are legally able to conduct as only that which is also permissible for national banks.

Federal Reserve member banks consist of financial institutions at the state level that meet the operational requirements of the Federal Reserve System, and are overseen by the 12 designated regional banks across the U.S.

The rule issues two directives pursuant to the Federal Reserve's existing laws: that the Board will "presumptively prohibit" member banks from holding most crypto assets, and that member banks wishing to utilize dollar tokens will need to prove certain security measures and receive formal approval prior to its use in banking transactions.

Both rules cite the "significant risks" associated with the cryptocurrency sector, including fraud, legal ambiguity and volatility.

[...] Despite largely concurring that employing digital assets in the U.S. banking system poses security threats, the Board offered some avenues for potential incorporation.

The final rule notes that issuing dollar tokens along decentralized ledgers was also likely unsafe. However, member banks are eligible to receive a "supervisory nonobjection" from the Board provided they can demonstrate the ability to conduct safe banking with dollar tokens.

Commonly referred to as stablecoins, dollar denominated tokens differ from traditional cryptocurrencies in that they are pegged to the U.S. dollar, thereby presenting a lower risk in price volatility. Deploying dollar tokens along a distributed ledger software still poses a significant amount of cybersecurity and operation risks, according to the Board, namely among illicit finance activity.

"The Board generally believes that issuing tokens on open, public and/or decentralized networks or similar systems is highly likely to be inconsistent with safe and sound banking practices," it said.

If CBDCs Are the Future of Money, What Does That Mean for Bitcoin?:

The concept of a central bank digital currency (CBDC) -- digital money backed and issued by a central bank -- has been bubbling under the surface for the past few years. Now, it looks like it is ready to take off. The topic has already been debated at this year's World Economic Forum in Switzerland, and Bank of America(BAC) just released a report suggesting that central bank digital currencies have the potential to revolutionize the global financial system. According to that report, these digital currencies represent "the most significant technological advancement in the history of money."

In many ways, it's a question of when, not if, this transformational change is going to happen. According to the Atlantic Council, 114 nations around the world are exploring the introduction of CBDCs, and 18 of the G20 nations are in the advanced stages of launching one. So, if CBDCs are "the future of money," what does that mean for Bitcoin (BTC)? After all, wasn't Bitcoin supposed to be the future of money?

Scenario 1: CBDCs fail to take off

[...] For reasons such as these, it's easy to imagine a scenario in which CBDCs never really get off the ground, and Bitcoin emerges as the winner when it comes to digital currencies. In many ways, that was the vision that many people had for Bitcoin at the outset. For more than a decade, crypto enthusiasts have argued that Bitcoin should replace traditional fiat currencies. From this perspective, CBDCs are just reinventing the wheel. If you buy into this narrative, then Bitcoin is a strong long-term buy and hold, because it will be the future of money.

Scenario 2: CBDCs and Bitcoin coexist

[...] This is probably the most likely scenario, simply because there could be a massive outcry from the private sector if any of today's major financial players -- such as commercial banks -- are disintermediated out of the system. And private citizens might respond quite negatively if they think CBDCs are being used by central banks to gain sensitive information or data about them, such as their precise spending patterns.

Scenario 3: CBDCs replace Bitcoin

In this scenario, CBDCs become a huge hit, people realize the limitations of cryptocurrencies such as Bitcoin, and cash disappears. In this potential future, the past decade will be seen as just a period of experimentation with digital currencies. Historians will say that Bitcoin helped pave the way for national CBDCs, but lament the fact that the original crypto has largely been relegated to the dustbin of history. [...]

Is Bitcoin the future of money?

[...] Ultimately, digital currencies have the potential to revolutionize the global financial system, as Bank of America suggests. The only question is who will be the ultimate winners here. Right now, I'm putting my full faith in Bitcoin. Governments are good at many things, but not at financial innovation.


Original Submission

posted by janrinok on Monday June 19 2023, @10:43PM   Printer-friendly

IBM Says It's Made a Big Breakthrough in Quantum Computing:

[...] Scientists at IBM say they've developed a method to manage the unreliability inherent in quantum processors, possibly providing a long-awaited breakthrough toward making quantum computers as practical as conventional ones — or even moreso.

The advancement, detailed in a study published in the journal Nature, comes nearly four years after Google eagerly declared "quantum supremacy" when its scientists claimed they demonstrated that their quantum computer could outperform a classical one.

Though still a milestone, those claims of "quantum supremacy" didn't exactly pan out. Google's experiment was criticized as having no real world merit, and it wasn't long until other experiments demonstrated classical supercomputers could still outpace Google's.

IBM's researchers, though, sound confident that this time the gains are for real.

"We're entering this phase of quantum computing that I call utility," Jay Gambetta, an IBM Fellow and vice president of IBM Quantum Research, told The New York Times. "The era of utility."

[...] These spooky principles allow for a far smaller number of qubits to rival the processing power of regular bits, which can only be a binary one or zero. Sounds great, but at the quantum level, particles eerily exist at uncertain states, arising in a pesky randomness known as quantum noise.

Managing this noise is key to getting practical results from a quantum computer. A slight change in temperature, for example, could cause a qubit to change state or lose superposition.

This is where IBM's new work comes in. In the experiment, the company's researchers used a 127 qubit IBM Eagle processor to calculate what's known as an Ising model, simulating the behavior of 127 magnetic, quantum-sized particles in a magnetic field — a problem that has real-world value but, at that scale, is far too complicated for classical computers to solve.

To mitigate the quantum noise, the researchers, paradoxically, actually introduced more noise, and then precisely documented its effects on each part of the processor's circuit and the patterns that arose.

[...] From there, the researchers could reliably extrapolate what the calculations would have looked like without noise at all. They call this process "error mitigation."

"The level of agreement between the quantum and classical computations on such large problems was pretty surprising to me personally," co-author Andrew Eddins, a physicist at IBM Quantum, said in a lengthy company blog post. "Hopefully it's impressive to everyone."

As promising as the findings are, it's "not obvious that they've achieved quantum supremacy here," co-author Michael Zaletel, a UC Berkley physicist, told the NYT.

See also:


Original Submission

posted by Fnord666 on Monday June 19 2023, @05:59PM   Printer-friendly
from the How'd-they-do-that? dept.

https://fanael.github.io/is-x86-risc-internally.html

There is a widespread idea that modern high-performance x86 processors work by decoding the "complex" x86 instructions into "simple" RISC-like instructions that the rest of the pipeline then operates on. But how close is this idea to how the processors actually work internally?

To answer this question, let's analyze how different x86 processors, ranging from the first "modern" Intel microarchitecture, P6, to their current designs, handle the following simple loop (the code is 32-bit just to allow us to discuss very old x86 processors):

x86 assembly
.loop:
add [edx], eax
add edx, 4
sub eax, 1
jnz .loop


Original Submission