What happened?
Cryptocurrency mining is a computationally-intensive process that requires powerful hardware. With the rise in popularity of Bitcoin and other cryptocurrencies, miners have been using more and more hardware to try and mine coins. This has resulted in a shortage of graphics cards, as miners snatch them up to use for their rigs. To address this issue, Intel has designed a new chip specifically for crypto mining. The ‘blockchain accelerator’ chip is also claimed to be more energy-efficient, one of crypto’s biggest criticisms. Intel’s new chip is said to be 1000 times better than its current offerings. Whether or not this claim is true remains to be seen, but it’s definitely an interesting development in the world of crypto mining.
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Why is this important?
The environmental concerns behind crypto mining have been long-documented. Bitcoin’s environmental impact has been suggested to come in at more than the whole Netherlands, according to analysis from the University of Cambridge. “We are mindful that some blockchains require an enormous amount of computing power, which unfortunately translates to an immense amount of energy. Our customers are asking for scalable and sustainable solutions, which is why we are focusing our efforts on realizing the full potential of blockchain by developing the most energy-efficient computing technologies at scale,” senior vice president Raja M. Koduri wrote. The manufacturer announced that the “blockchain accelerator” is set to ship later this year, saying that the technology “has the potential to enable everyone to own much of the digital content and services they create” as people “usher in the era of metaverse and Web 3.0”.
Christian is a futurist and trendwatcher who speaks about the impact of exponential technologies like AI on organizations, people, and talents. Christian tailors his presentations to your audience’s specific industries and needs.
Embracing the advancements of technology and AI can enhance our humanity. We can focus on developing our unique talents and skills by automating mundane tasks and freeing up our time. As humans, we can adapt and learn, allowing us to evolve and stay relevant in a rapidly changing world constantly.
Organizations will need to be more fluid, dynamic, and adaptable: the ability to change and adjust in response to new situations and environments. We are on the cusp of a new era of organizations, ones that are more fluid and agile and which behave like swarms we see in nature.
In the future, 3D printing and generative design will allow for products to be designed in a more decentralized manner, and production will take place closer to the customer and fully on-demand. 3D printing technology will also allow for more customization and personalization of products.
The agricultural industry is ripe for disruption. Robotics, AI, and IoT are all technologies that have the potential to radically transform the way we grow food. In combination with vertical farming, these technologies could increase the efficiency and quality of agricultural products.
A human-centered society is one that puts people first and where technology is used to unite and empower people. It is a society that values biological life and dignity above all else. It is a society that recognizes the importance of human relationships and works to strengthen them. In a human-centered society, all members of the community are valued and treated with respect.
The future of healthcare is here. New technologies like AI, IoT, big data, and smart sensors make it possible to become the CEO of your own health. Imagine that your phone can listen to your voice and AI algorithms can detect small nuances in the tone of your voice that indicate specific diseases.