Mind Matters Natural and Artificial Intelligence News and Analysis

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Businessman hand holding tablet and Yuan currency sign on digital map backgroung.Chinese Yuan digital currency and circuit background.Technology digital Financial and china cryptocurrency concept.
Businessman hand holding tablet and Yuan currency sign on digital map backgroung.Chinese Yuan digital currency and circuit background.Technology digital Financial and china cryptocurrency concept.

Why China Is Making a Bold Gamble With Digital Currency

“Controllable anonymity” means that all transactions between individuals are visible to the People’s Bank and trackable by the Chinese government

Last week, China announced the national rollout of the electronic yuan, a plan in the works since 2014. The e-CNY* or Digital Currency Electronics Payment (DCEP) was piloted last year in four major Chinese cities: The digital yuan resides in cyberspace, available on the owner’s mobile phone — or on a card for the less tech-savvy — and spending it doesn’t strictly require an online connection. It appears on a screen with a silhouette of Mao Zedong, looking just like the paper money. In tests in recent months, more than 100,000 people in China have downloaded a mobile-phone app from the central bank enabling them to spend small government handouts of digital cash with merchants, including Chinese outlets of Starbucks Read More ›

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fast food

What If Government Knows You Ate a Big Mac — and Doesn’t Approve?

One spur to the development of cryptocurrencies is a desire for privacy. And a growing number of citizens of societies dominated by Big Tech feel the need for privacy

That title question is not a crazy notion. It’s already happening in mostly cashless China. The Constitution and the law may not be the barrier that many suppose in America if your personal choices make it possible. We need to talk about the unpublicized implications of a cashless society. Bernard Fickser, whose work we profiled yesterday, thinks that surveillance creep is one of the factors driving the growing interest in cryptocurrencies like Bitcoin and Ethereum. Yesterday we talked about the increasing popularity of Modern Monetary Theory (MMT) — government should just print money to satisfy social demands and then raise taxes to pay for the choices made. A triumph of MMT would intensify the competition between government-issued currencies and cryptocurrencies Read More ›

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The concept of biased views judged by appearances. Various miniature people standing behind the glasses.

How Bias Can Be Coded Into Unthinking Programs

MIT researcher Joy Buolamwini started the project as a trivial “bathroom mirror” message

Coded Bias, a new documentary by 7th Empire Media that premiered at the Sundance Film Festival in January 2020, looks at the ways algorithms and machine learning can perpetuate racism, sexism, and infringements on civil liberties. The film calls for accountability and transparency in artificial intelligence systems, which are algorithms that sift large amounts of data to make predictions, as well as regulations on how these systems can be used and who has access to the data. The documentary follows the path of MIT researcher Joy Buolamwini. Buolamwini took a class on science fiction and technology in which one of her assignments was to create a piece of technology that isn’t necessarily useful but is inspired by science fiction. Buolamwini Read More ›

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3D rendering of a futuristic mech soldier with dog.

Do Some Passages in the Book of Revelation Seem to Talk About AI?

Revelation is notoriously obscure but a passage about a future “total control” state gives pause for thought

John Lennox, author of 2084: Artificial Intelligence and the Future of Humanity (2020), is not only an Emeritus Professor of Mathematics at Oxford University but also pastoral advisor to Green Templeton College at Oxford. In a podcast, “Does Revelation Talk About Artificial Intelligence?” with Robert J. Marks, director of the Walter Bradley Institute, he addresses the title question, “Do some passages in the Book of Revelation seem to talk about AI?”: https://episodes.castos.com/mindmatters/Mind-Matters-091-John-Lennox.mp3 Selections from the transcript are provided below: (The complete downloadable transcript may be found following the Show Notes and Resources. “Can AI Replace the Need for Belief in God?” provides an account of the earlier portion of this lively discussion.) Robert J. Marks (right): Last question I want Read More ›