My friends have been asking why my writing has ceased. Frankly, with the devastating loss of my wife, I no longer have the motivation or ability to write. It has been very difficult adjusting to life without my soulmate; you never realize how much your partner means to you until you lose him or her. I encourage all of you to cherish what you have and make the most of every moment, because life is unpredictable.
The only thing I have been able to focus on in the past few months is research on how to defeat cancer and help others in need. I feel obliged to do all I can to prevent others from suffering as Tavinder did, it is the only thing that gives me purpose. In helping other cancer patients, I have learnt a lot more about how devastating cancer can be and how antiquated, corrupt, and screwed up our medical system is. Many cancers—and other diseases— for which we currently have no adequate treatment may soon be curable; medicine is reaching a tipping point thanks to advancing and converging technologies. I outlined some of the advances in this lecture. Continue reading
In the near future, a young couple in a hospital clinic is going to be presented with a harrowing choice: they can choose to have their baby the normal way, as it always has been done – or they can pay extra to guarantee that their child will have extra intelligence, good looks, and live a life free of disease. Continue reading
At a recent ACG Silicon Valley event, Carnegie Mellon University instructor Tarun Wadhwa discussed the future of bitcoin and the potential power of Blockchain. Blockchain technology has a large potential to transform business, being both a disruptive innovation as well as one of the newest foundational technologies. That potential is already is already bearing fruit in many important industries, along with the growing pains. Tarun touches upon the future possibilities as well as the hurdles.
The biggest story in the ecosystem of blockchain is tokenization – the ability to turn physical and digital objects into a cryptographically secured digital representation of a set of rights. In other words, a string of code that can be tracked, traded, and split up into micro-fractions. We saw the first wave of excitement with ICOs, which are tokenized company equity, but that’s just the beginning.
Tokens will play a critical role going forward in virtually any digital exchange of value. And the implication of this is the creation of massive, entirely new markets. Assets that couldn’t be sold can now become liquid…it will soon be possible to buy shares in a house or an art painting just as you would stock in a company.
Yet to explore the real opportunities, we must also examine the hurdles that might hamper the growth of blockchain use. It is complex by nature, which make it hard for many users to understand. It lacks oversight thru regulation, which makes it risky. It can be an arduously slow system, which makes it less attractive for simple uses. It uses massive computing power for its checks and balances algorithms, which makes it dependent on large amounts of electrical power. And it promises to remove all the middle men, which also discards the value of expertise and dispute resolution that middle men delivered throughout history.
It is important to understand both the possibilities and the hype. While the vast majority of use cases we hear about today are going nowhere, there is something larger going on. Blockchain or some other form of partially distributed ledger, will ultimately be transformative in defining the future of how we own and exchange things.