Author: BizMan

  • Human + Artificial Intelligence! RT Book(s) Release

     Book(s) Release Today Thurs, June27th ! ! ! … Human +
    Artificial Intelligence … Special promotion price!
    $1.99 !

    Today is the BIG launch of latest Refractive
    Thinker®
    book, an Anthology with a dozen authors, including yours
    truly!  Today we welcome Vol XXV: Artificial Intelligence The
    New Frontier of the Digital Age—
    the 27th volume in the #1
    International Best Selling series for and by doctoral scholars from around the
    globe.

    Refractive Thinker eBook for the
    USA. https://www.amazon.com/dp/B0D7QR183G

    For the next 24-48 hours, we will
    once again offer a special rate of $1.99! That’s the whole book, not individual
    chapters!

    Please buy a copy and share the
    news with your networks to help us with our book launch today. If all goes well
    we will reach one or more #Best-Seller lists. The printed copies will be able
    to promote best seller status when released in a week or two.

    I co-author Chapter 2 with my very
    first Doctoral mentee, and the Chief Refractive Thinker, Dr. Cheryl Lentz: Synergy
    of Human +Artificial Intelligence: Delphi and the genius of crowds.
    Congrats
    on your successes (& failures) Dr. Cheryl!

    Dr Cheryl and I promoted the
    concept of “Regenerative Dynamic AI” where we provide prompts for readers to
    regenerate key components of our book with the best available GenAI at that
    future time. AI is changing at light speed, so readers can expect to have far
    better results than we did when they regeneration in a month or a year.
    Additionally, we wanted to instruct GenAI engines to provide links to dynamic
    sources, like statistical databases and Wikipedia where information is
    continually updated. And, of course, how do humans make the best use of
    artificial intelligence and real-time research using Delphi. Many results from
    the chapter with four GenAI engines has been spun off to DelphiPlan.com (aka
    ScenarioPlans.com). Issues of intellectual property, copyright,
    teacher-student-plagiarism are all addressed in the Synergy of Human +
    Artificial Intelligence
    .

    * I also
    have another book out today! *

    Rapid Planning with Regenerative
    AI
    . This Regenerative Dynamic AI approach to research and planning became
    the generative idea behind two AI-assisted workbooks related to Rapid Planning
    in my Perpetual Innovation™ series. One day in May I created most of the zero
    (0th) edition, Perpetual Innovation™: Rapid
    Strategic Planning and Regenerative AI
    . With formatting and
    updates, the 1st edition is now updated in paperback and released in
    eBook. https://www.amazon.com/dp/B0D85GMW7F
     ($2.99)

    With GenAI it is now possible to do
    Rapid Strategic Planning in a fraction of the time compared to olde workshop
    methods. Instead of 3 or 4 planning sessions, I believe it is now possible to
    condense and compress the planning process into 1 rather-intense session. But,
    it does require changing the way we work, the way we think, and the way we
    plan. The Workshop-Workbook is a follow-on companion to the Rapid Strategic
    Planning and Regenerative AI
    workbook focusing on the strategic planning
    workshop for an organization. The main goal for this planning effort is to
    complete a SWOT analysis including key potential strategies/initiatives. The
    workshop workbook provides examples for several types of local organizations: a
    local construction-related business, a charity, a chamber of commerce, a
    regional Economic Development Commission, and a local chapter of a service
    organization.  Expect the Workshop-Workbook to be release in a few days in
    paperback and Kindle ebook.

    These Regenerative AI books will be
    a great addition to the Perpetual Innovation™ line of books starting with
    intellectual property and now moving into Nonprofit: Nonprofit Planning &
    Impactful Donor giving (2022); and Club Management (2023).

    Refractive Thinker® eBook for the
    AI edition in the USA. https://www.amazon.com/dp/B0D7QR183G

    For the next 24-48 hours, we will
    once again offer a special rate of $1.99!  Please buy a copy and share
    with your networks to help us with our book launch today. If all goes well we
    will reach one or more #Best-Seller lists for the printed copies to promote
    (released in a week or two).

    Thank you for joining us on our
    best-selling campaign. We appreciate your support!

    Elmer Hall

    #RefractiveThinker #GenAI #RegenerativeDynamicAI #PerpetualInnovation #DelphiPlan #ScenarioPlans

    References

    Hall, E. B. (2024). Perpetual
    Innovation™: Rapid Strategic Planning and Regenerative AI (1st ed.).
    ISBN:
    979-8326692061 Amazon.com/dp/B0D5BMXZWT eBook: https://www.amazon.com/dp/B0D85GMW7F

    Hall, E. B. (in press). Perpetual
    Innovation™: Workshop-Workbook on Rapid Strategic Planning and Regenerative AI.
    ISBN: 979-8329307740

    Hall, E. B. & Lentz, C. A.
    (2024). Synergy of Human +Artificial Intelligence: Delphi and the genius of
    crowds.  In C. A. Lentz (Ed.), The refractive
    thinker
    Vol. 25. Artificial
    Intelligence: The New Frontier of the Digital Age
    . (pp. 27-68) Las Vegas,
    NV: The Refractive Thinker®
    Press.  https://www.amazon.com/dp/B0D7QR183G

    … Nonprofit
    Books from 2022 & 2023 …

    Hall, E. B. &
    Hinkelman, R. M. (2022). Perpetual Innovation™: Strategic planning for
    nonprofits and the art of impactful giving: the gift of giving, the art of
    caring
    . ISBN: ‎ 979-8842614615 Amazon.com/dp/B0B7Q1J4G6/

    Hall, E. B.
    (2023). Perpetual Innovation™: Club management workbook focusing on the most
    impactful giving.
    ISBN: 979-8859024810 Amazon.com/dp/B0CGXHB31Y

  • Future of IP + AI? Regenerative AI

    These are the GenAI
    prompts used to gather information about intellectual property (IP) and the
    world of artificial intelligence (AI), i.e., IP+AI. 
    This is part of our Regenerative AI project; recreate as needed,
    when needed, with the GenAI engines available to you at that time. Select
    results from various Generative AI engines (ChatGPT 4.0, Gemini, Claude,
    Copilot).  Look at writing and analysis
    of Human + Artificial Intelligence by Hall and (Hall & Lentz, 2024) over at
    ScenarioPlans.com (alias to DelphiPlan.com).

    This Regenerative AI article, The Future of IP with AI, is reproduced from ScenarioPlans.com (alias DelphiPlan.com) and adapted with permission.  The link to the PDF of the results is there.

    You the
    reader/user can recreate the prompts as needed, when needed, with the GenAI
    engines available to you at that time. Note that a couple prompts are included
    with multiple GenAI engines for comparison. 

    Future of IP with
    AI using GenAI?

    Q: Who owns the copyright
    when something is co-created by human + AI? When something is almost completely
    AI created? When something is totally AI created?

    Q: What about patents and
    inventions? Who is the inventor when something is co-invented by human + AI,
    when something is almost completely AI, when something is totally AI invented?

    Q: . . . and what about
    ownership of the intellectual property?

    Q: How does AI impact
    infringement?

    Q: Are
    trademarks in jeopardy from AI? What steps should be taken to protect TMs?

    Q: Write an article on
    intellectual property in the age of AI, include all the topics in the chat as
    well as any others that are important. Give one or more reliable sources for
    each section including links Wikipedia articles where appropriate (formatted APA
    style and a reference page)

    The graphic image was created using the last prompt by Hall
    (2024, May) and produced using DALL-E.

    #IntellectualProperty #IP #GenAI #PropertyRights #Inventor
    #Creator #Copyright #Patent #Trademark #TradeSecret

     

  • The World is Halving!

     The world is halving,
    the World is HALVING.

    Q: Bitcoin is due to “half”. Explain what half means and how that might impact the price of bitcoin before and after? and … Q: Which bitcoin miners will be most impacted by the halving event this week? (See Answer below.) 

    ChatGPT or MS Copilot or Gemini …. nice answers… (See below)

    Summary of answer: Since inception in 2009, bitcoin has been designed to pay-out half the number of coins per block awarded to “miners”. It started at 50 coins per block. About every 4 years (210,000 blocks) the number of coins payout has halved. It is now down to 6.25 coins per block. Some time over the next day or so, the amount payout will halve again to 3.125.

    Miners use massive computing power to mine bitcoin, and gigantic amounts of power. Much of the power used is for cooling in order for the server farm to stay cool within operating ranges.
    If the price of bitcoin, up to $70,000 last week, doubles, then a miner can still make money… if not, marginal miners will drop off.
    Since the computing power might be used for multiple purposes, say gaming or AI, some miners might be diversified.

     Copilot (2024, April 18)

    Certainly! Let’s delve into the concept of Bitcoin halving and its potential impact on the price of Bitcoin:

    1. What Is Bitcoin Halving?

      • Bitcoin halving, also known as the halvening, is a programmed event that occurs approximately every four years within the Bitcoin network.
      • It is a built-in feature of Bitcoin’s code.
      • During halving, the block reward for miners is reduced by half.
      • In other words, the number of new Bitcoins created with each mined block decreases.
    2. Why Does Halving Happen?

      • The primary goal of halving is to control the rate of Bitcoin issuance.
      • Bitcoin’s total supply is capped at 21 million coins.
      • By reducing the reward for miners, halving slows down the creation of new Bitcoins.
      • This scarcity mechanism is crucial for maintaining Bitcoin’s value proposition.
    3. Impact on Bitcoin Price:

      • Historically, Bitcoin halving events have had a significant impact on the price:
        • Scarcity Effect: Halving reduces the rate at which new Bitcoins enter the market. As supply decreases, scarcity increases.
        • Increased Demand: If demand remains steady or rises, the reduced supply can lead to higher prices.
        • Anticipation: Traders and investors anticipate halving events, which can drive up demand and price before the actual halving occurs.
    4. Previous Halvings:

      • 2012: The first halving reduced the block reward from 50 BTC to 25 BTC.
        • Result: Bitcoin’s price surged from around $12 to over $1,000 within a year.
      • 2016: The second halving reduced the reward to 12.5 BTC per block.
        • Result: Bitcoin’s price increased significantly, reaching an all-time high.
    5. 2020 and 2024 Halvings:

      • The most recent halving occurred in 2020, reducing the reward to 6.25 BTC per block.
      • The upcoming halving is expected in 2024.
      • Different Context: Unlike previous cycles, Bitcoin has already hit new record highs before the 2024 halving.
        • Factors include institutional interest, regulatory developments, and broader adoption.
    6. Market Sentiment:

      • Opinions vary:
        • Some experts predict a bullish trend due to scarcity and increased institutional participation.
        • Others believe that the halving effect is already priced in, and external factors play a more significant role.

    In summary, Bitcoin halving reduces supply, increases scarcity, and historically correlates with price surges. However, the current market context and external factors may influence the outcome. 🌟🪙📈

    You:

    Which bitcoin miners will be most impacted by the halving event this week?

    1. Miners’ Revenue Decrease:

      • The halving will reduce the block subsidy for miners from 6.25 BTC to 3.125 BTC.
      • Miners’ immediate impact will be a considerable decrease in revenue due to the reduced reward.
    2. Hashrate and Miner Viability:

      • Less efficient miners may become unprofitable and exit the network.
      • The hashrate, a critical security measure for Bitcoin, might adjust along with difficulty levels to align with new economic realities.
    3. ASIC Pricing and Breakeven Points:

      • Post-halving, the profitability of different ASIC models will be crucial.
      • Only the most efficient machines will operate profitably if Bitcoin’s price does not see a significant increase.
      • Next-generation ASICs like the S19 XP and M30S++ might have breakeven power costs ranging from $0.07/kWh to $0.15/kWh.
    4. Custom ASIC Firmware:

      • Miners are turning to custom ASIC firmware (e.g., LuxOS, BraiinsOS) to improve hardware efficiency.
      • Custom firmware optimizes power usage and hashrate output, lowering the breakeven point for electricity costs.
    5. Miners at Risk:

    In summary, miners’ profitability and viability will depend on their efficiency, ASIC models, and adaptation to the new economic landscape after the halving. 🌟🪙⛏️

     

    Q: How does bitcoin and bitcoin mining fit into the world of blockchain?
    Sent by you: How does bitcoin and bitcoin mining fit into the world of blockchain?

    Gemini (2024, April 18) 

    Bitcoin and Bitcoin mining are foundational pieces of the blockchain world. Here’s how they connect:

    Blockchain: The Public Ledger

    Imagine a giant, public record of transactions. That’s essentially what a blockchain is. It uses cryptography to securely store information in a way that’s transparent and resistant to tampering. Transactions are grouped into blocks, chained together chronologically, creating a tamper-proof record.

    Bitcoin: The First Cryptocurrency

    Bitcoin was the first widely adopted cryptocurrency, and it runs on a specific blockchain. Each Bitcoin transaction is recorded on the Bitcoin blockchain. This blockchain relies on miners to validate and secure the network.

    Bitcoin Mining: Securing the Network

    Bitcoin mining is the process of verifying and adding transactions to the Bitcoin blockchain. Miners compete to solve complex math problems. The first miner to solve the problem gets to add the next block of transactions to the chain and receives a reward in Bitcoin.

    Here’s how they work together:

    • Security: Mining creates a secure and decentralized network. Miners constantly verify transactions, making it nearly impossible to tamper with the blockchain.
    • Decentralization: There’s no central authority controlling Bitcoin. Anyone can participate in mining, which distributes the power across the network.
    • Scarcity: Mining also controls the creation of new Bitcoins. The halving event, where the mining reward gets cut in half, creates a limited supply of Bitcoins, similar to precious metals.

    Impact on Blockchain Technology

    Bitcoin’s success has popularized blockchain technology. The core principles of blockchain security and decentralization are now being applied in various fields beyond cryptocurrency, such as supply chain management, voting systems, and secure document sharing.

    In essence:

    • Blockchain provides the secure and transparent infrastructure.
    • Bitcoin, secured by mining, is the first application running on this infrastructure.
    • The success of Bitcoin has driven innovation and exploration of blockchain technology across various industries.
  • Disruptive Innovation: Why AI Will Spark Exponential Economic Growth

     The innovation and investment guru
    Cathy Wood gave a TED talk in December 2023 about 5 pivotal innovation platforms
    that will (continue) to change the world as we know it. Her group expects to
    see exponential sustained growth that is fueled by the productivity gains in
    these areas, especially where they converge. The 5 platforms (AI, Robotics,
    Energy Storage, DNA sequencing, and blockchain) are described below, with AI in
    the center. One example she uses is the rapid move to self-driving taxis.
    TED talk with Cathy Wood, Why AI Will Spark Exponential
    Economic Growth
    . (2023, Dec. 18). 

    The productivity gains are so huge and
    so sustained that it will dramatically change the global economy with sustained
    GDP growth of 6% to 8%. Productivity gains can be distributed (at the macro
    level) in three ways: higher wages, higher profits, and deflation. She expects
    all 3. Note disinflation, is the slowing rate of inflation while deflation
    is negative growth in prices. This means that more goods and more services can
    be produced more cheaply. Usually we think of lowering prices – deflation –
    coming as a result of a good recession, i.e., destructive innovation.

    This new AI economy will create a
    whole new type of disruptive innovation. Disruption to the workforce will be
    massive: taxi drivers, truck drivers, coders, factory workers, designers. The
    US that has been stuck at full employment (less than 4% unemployed) will
    suddenly get some relief. The people who develop the new skills will have very
    high-paying jobs, others will be left out.

    Wood argues that the Federal Reserve,
    that has been so worried about inflation for so long, is way behind the curve, because
    productivity and sustained economic growth are already here. The Fed’s new job,
    soon, will be managing the drop in interest rates and deflation.

    The old nautical adage: a rising tide
    raises all boats. A rapidly growing world economy will raise most boats: some
    boats a lot, some a lot faster than others.

    You: Summarize the 5
    technologies that Cathy Wood believes will converge to produce exponential
    economic growth.

    Copilot (2024, April 4)

    Investor Cathie
    Wood
     envisions a unique moment in technology marked by the
    simultaneous evolution of five pivotal innovation platforms. These
    platforms are converging, creating unprecedented opportunities for growth and
    transformation. Here are the five technologies she highlights:

    1. Artificial Intelligence (AI):
      • AI is
        reshaping economic paradigms.
      • Predicts a
        surge in global GDP growth and productivity.
      • Drives
        exponential productivity growth.
    2. Robotics:
      • Robotics
        advancements are accelerating.
      • Automation and
        efficiency gains across industries.
    3. Energy Storage:
      • Energy storage
        solutions are evolving rapidly.
      • Enables
        renewable energy adoption and grid stability.
    4. DNA Sequencing (Multiomic Sequencing):
      • Advances in
        DNA sequencing technology.
      • Revolutionizes
        healthcare, personalized medicine, and biotechnology.
    5. Blockchain Technology:
      • Blockchain’s
        decentralized ledger system.
      • Disrupts
        finance, supply chains, and data security.

    Wood emphasizes the need for businesses and investors
    to adapt to this convergence to stay ahead in the changing landscape. These
    technologies hold immense potential for exponential economic growth!
    🚀🌐💡

    #Innovation #DisruptiveInnovation #AI
    #ArtificialIntellegence #Blockchain #Robotics #GenAI

    Wood, C. (2023, Dec. 18). Why AI Will Spark Exponential
    Economic Growth. TED Talks. Retrieved from: https://youtu.be/rQEh7d-qa38?feature=shared

  • What is Pi Day, and what are the useful uses of Pi?

    What is Pi Day, and what are the useful uses of Pi?

    ChatGPT 4.0 (3/14/2024)

    Pi Day is celebrated on March 14th (3/14 in the month/day
    format) because the date represents the first three digits of π (pi), which is
    approximately 3.14. Pi is a mathematical constant that represents the ratio of
    a circle’s circumference to its diameter. This ratio is constant for all
    circles of any size, making pi a fundamental aspect of many mathematical,
    engineering, and scientific calculations. Here are some of the useful uses of pi:

    1. **Circumference and Area Calculations**: Pi is used to
    calculate the circumference (C = 2πr) and the area (A = πr^2) of a circle,
    where r is the radius of the circle. These formulas are foundational in
    geometry and are widely used in various fields such as construction,
    manufacturing, and design.

    2. **Engineering**: In engineering, pi is used in the
    analysis and design of mechanical systems involving wheels, gears, and pulleys.
    It is also essential in the calculation of the volume and surface area of
    cylinders, spheres, and cones.

    3. **Physics and Cosmology**: Pi plays a role in the laws of
    motion and gravitation. It is used in calculations involving the orbits of
    planets, the propagation of waves, and the distribution of electric and
    magnetic fields.

    4. **Statistics and Probability**: The Gaussian
    distribution, which is a fundamental function in probability theory and
    statistics, contains pi in its equation. Pi is also used in various statistical
    formulas to calculate probabilities and to analyze data patterns.

    5. **Signal Processing**: Pi is essential in the analysis of
    signals and in the development of digital signal processing algorithms. It is
    used in the Fourier transform, which is a mathematical technique for
    transforming signals between time and frequency domains.

    6. **Navigation and Geodesy**: Pi is used in calculations
    involving the geometry of the Earth and in the precise determination of
    geographical positions using longitude and latitude.

    7. **Art and Architecture**: The golden ratio, which is
    closely related to pi, has been used in art and architecture to create
    aesthetically pleasing compositions and designs. Pi’s properties are also used
    in the creation of curves and in the design of structures requiring geometric
    precision.

    Pi’s ubiquity in science, technology, engineering, and
    mathematics underscores its fundamental importance. Pi Day not only celebrates
    this mathematical constant but also promotes interest and education in STEM
    fields.