Category Archives: investments

HS2 is world class stupidity

£106Bn is the new estimated cost of HS2, with a new delivery date of 2040

https://www.theguardian.com/uk-news/2020/jan/20/hs2-costs-government-review-west-midlands-manchester-leeds

We hear figures in the billions all the time, and I guess politicians especially lose their sense of what they really mean. A few billion here, another few billion there, so £106Bn just sounds like a decent sized public infrastructure project, equivalent to a few power stations, what’s the big deal? Let’s do some simple sums to find out and get some perspective.

The money has to come from tax and regardless of the diverse routes it takes, people ultimately pay all that tax. There are 66.5 million people in the UK, so that’s only £1600 each. Most of those people will never or hardly ever use HS2.

However, according to the Office of National Statistics, HMRC, only 31.2 million of those people pay income tax, so they contribute an average £3400 each. But actually the top 50% of those, 15.6 million people, pay 90% of the tax, so that means HS2 will effectively cost them £95.4Bn, a whopping £6115 each. I could go more sums but you get the point.

It’s a fair bet that the half of UK taxpayers paying over £6000 each for HS2 could write a long list of things they’d rather have than the option to buy an expensive rail ticket that might save some people, but probably not them, 20 minutes on a journey to London, but for most people might actually take them longer if they have first to get a slow train to one of the privileged HS2 stations.

6000 quid, each, 12k for a professional couple. For a slightly faster train? Remember, the original spec was for very fast trains, but they had to wind the speed down because it was discovered that trains might sometimes derail due to lethal combinations of aerodynamics and subsidence, so the realistic spec is about 150mph, compared to 125mph for a normal intercity.

This is the economics of the madhouse.

Trains are 19th and 20th century technology. 21st century technology allows driverless pod systems that would be far cheaper, far more versatile, far more socially inclusive, and far faster end to end. Pods could carry people or freight. Pod systems could start off mixing with conventional trains by grouping to make virtual trains. As antique old stock is gradually upgraded, along with stations, we would end up with a totally pod-based transport system. Pods could just as easily run on roads as on rails. The rails could be ripped up and recycled, railways tarmacked over, and public transport could seamlessly run on roads or the old railways. With potential occupancy of up to 95%, compared to the 0.4% typical of conventional rail, the old railways could carry 237 times more traffic! That wouldn’t eliminate congestion – there would still be some choke points – but it would make one hell of a dent in it. It would be faster because someone could have a pod pick them up at their home or office, maybe swap onto a shared one at a local node, and then go all the way to their destination at a good speed, with hardly any delays en-route, now waiting for the next scheduled train or having to make pointless journeys to get to a mainline station. They could simply go straight to where they want, and save much more time than HS2 would ever have saved.

Pod systems could serve the whole country, not just the lucky few living near the right stations. Fixing ‘the North-South divide’ still favours pod systems, not HS2. Everyone benefits from pods, hardly anyone benefits from HS2. Everyone saves money with pods, everyone is worse off with HS2. Why is the idea still flying?

The problem we have is that too few of our politicians or senior civil servants have any real understanding of technology and its potential. They are blinded by seeing figures in billions sever day, so have lost their understanding of just how much £100Bn is. They are terrified of pressure groups and always eager to be seen to be doing something, however stupid that something might be if they examined it.

HS2 is a stupid idea, world-class stupidity. It is 20th century technology, an old idea long past its use-by date. It locks in all the huge disadvantages and costs of old-style rail for several more decades We should leapfrog over it and go instead for a 21st century solution – cheap driverless pods. We’d save a fortune and have a far superior result.

 

 

Carbethium, a better-than-scifi material

How to build one of these for real:

Light_bridge

Halo light bridge, from halo.wikia.com

Or indeed one of these:

From halo.wikia.com

From halo.wikia.com

I recently tweeted that I had an idea how to make the glowy bridges and shields we’ve seen routinely in sci-fi games from Half Life to Destiny, the bridges that seem to appear in a second or two from nothing across a divide, yet are strong enough to drive tanks over, and able to vanish as quickly and completely when they are switched off. I woke today realizing that with a bit of work, that it could be the basis of a general purpose material to make the tanks too, and buildings and construction platforms, bridges, roads and driverless pod systems, personal shields and city defense domes, force fields, drones, planes and gliders, space elevator bases, clothes, sports tracks, robotics, and of course assorted weapons and weapon systems. The material would only appear as needed and could be fully programmable. It could even be used to render buildings from VR to real life in seconds, enabling at least some holodeck functionality. All of this is feasible by 2050.

Since it would be as ethereal as those Halo structures, I first wanted to call the material ethereum, but that name was already taken (for a 2014 block-chain programming platform, which I note could be used to build the smart ANTS network management system that Chris Winter and I developed in BT in 1993), and this new material would be a programmable construction platform so the names would conflict, and etherium is too close. Ethium might work, but it would be based on graphene and carbon nanotubes, and I am quite into carbon so I chose carbethium.

Ages ago I blogged about plasma as a 21st Century building material. I’m still not certain this is feasible, but it may be, and it doesn’t matter for the purposes of this blog anyway.

https://timeguide.wordpress.com/2013/11/01/will-plasma-be-the-new-glass/

Around then I also blogged how to make free-floating battle drones and more recently how to make a Star Wars light-saber.

https://timeguide.wordpress.com/2013/06/23/free-floating-ai-battle-drone-orbs-or-making-glyph-from-mass-effect/

https://timeguide.wordpress.com/2015/11/25/how-to-make-a-star-wars-light-saber/

Carbethium would use some of the same principles but would add the enormous strength and high conductivity of graphene to provide the physical properties to make a proper construction material. The programmable matter bits and the instant build would use a combination of 3D interlocking plates, linear induction,  and magnetic wells. A plane such as a light bridge or a light shield would extend from a node in caterpillar track form with plates added as needed until the structure is complete. By reversing the build process, it could withdraw into the node. Bridges that only exist when they are needed would be good fun and we could have them by 2050 as well as the light shields and the light swords, and light tanks.

The last bit worries me. The ethics of carbethium are the typical mixture of enormous potential good and huge potential for abuse to bring death and destruction that we’re learning to expect of the future.

If we can make free-floating battle drones, tanks, robots, planes and rail-gun plasma weapons all appear within seconds, if we can build military bases and erect shield domes around them within seconds, then warfare moves into a new realm. Those countries that develop this stuff first will have a huge advantage, with the ability to send autonomous robotic armies to defeat enemies with little or no risk to their own people. If developed by a James Bond super-villain on a hidden island, it would even be the sort of thing that would enable a serious bid to take over the world.

But in the words of Professor Emmett Brown, “well, I figured, what the hell?”. 2050 values are not 2016 values. Our value set is already on a random walk, disconnected from any anchor, its future direction indicated by a combination of current momentum and a chaos engine linking to random utterances of arbitrary celebrities on social media. 2050 morality on many issues will be the inverse of today’s, just as today’s is on many issues the inverse of the 1970s’. Whatever you do or however politically correct you might think you are today, you will be an outcast before you get old: https://timeguide.wordpress.com/2015/05/22/morality-inversion-you-will-be-an-outcast-before-youre-old/

We’re already fucked, carbethium just adds some style.

Graphene combines huge tensile strength with enormous electrical conductivity. A plate can be added to the edge of an existing plate and interlocked, I imagine in a hexagonal or triangular mesh. Plates can be designed in many diverse ways to interlock, so that rotating one engages with the next, and reversing the rotation unlocks them. Plates can be pushed to the forward edge by magnetic wells, using linear induction motors, using the graphene itself as the conductor to generate the magnetic field and the design of the structure of the graphene threads enabling the linear induction fields. That would likely require that the structure forms first out of graphene threads, then the gaps between filled by mesh, and plates added to that to make the structure finally solid. This would happen in thickness as well as width, to make a 3D structure, though a graphene bridge would only need to be dozens of atoms thick.

So a bridge made of graphene could start with a single thread, which could be shot across a gap at hundreds of meters per second. I explained how to make a Spiderman-style silk thrower to do just that in a previous blog:

https://timeguide.wordpress.com/2015/11/12/how-to-make-a-spiderman-style-graphene-silk-thrower-for-emergency-services/

The mesh and 3D build would all follow from that. In theory that could all happen in seconds, the supply of plates and the available power being the primary limiting factors.

Similarly, a shield or indeed any kind of plate could be made by extending carbon mesh out from the edge or center and infilling. We see that kind of technique used often in sci-fi to generate armor, from lost in Space to Iron Man.

The key components in carbetheum are 3D interlocking plate design and magnetic field design for the linear induction motors. Interlocking via rotation is fairly easy in 2D, any spiral will work, and the 3rd dimension is open to any building block manufacturer. 3D interlocking structures are very diverse and often innovative, and some would be more suited to particular applications than others. As for linear induction motors, a circuit is needed to produce the travelling magnetic well, but that circuit is made of the actual construction material. The front edge link between two wires creates a forward-facing magnetic field to propel the next plates and convey enough intertia to them to enable kinetic interlocks.

So it is feasible, and only needs some engineering. The main barrier is price and material quality. Graphene is still expensive to make, as are carbon nanotubes, so we won’t see bridges made of them just yet. The material quality so far is fine for small scale devices, but not yet for major civil engineering.

However, the field is developing extremely quickly because big companies and investors can clearly see the megabucks at the end of the rainbow. We will have almost certainly have large quantity production of high quality graphene for civil engineering by 2050.

This field will be fun. Anyone who plays computer games is already familiar with the idea. Light bridges and shields, or light swords would appear much as in games, but the material would likely  be graphene and nanotubes (or maybe the newfangled molybdenum equivalents). They would glow during construction with the plasma generated by the intense electric and magnetic fields, and the glow would be needed afterward to make these ultra-thin physical barriers clearly visible,but they might become highly transparent otherwise.

Assembling structures as they are needed and disassembling them just as easily will be very resource-friendly, though it is unlikely that carbon will be in short supply. We can just use some oil or coal to get more if needed, or process some CO2. The walls of a building could be grown from the ground up at hundreds of meters per second in theory, with floors growing almost as fast, though there should be little need to do so in practice, apart from pushing space vehicles up so high that they need little fuel to enter orbit. Nevertheless, growing a  building and then even growing the internal structures and even furniture is feasible, all using glowy carbetheum. Electronic soft fabrics, cushions and hard surfaces and support structures are all possible by combining carbon nanotubes and graphene and using the reconfigurable matter properties carbethium convents. So are visual interfaces, electronic windows, electronic wallpaper, electronic carpet, computers, storage, heating, lighting, energy storage and even solar power panels. So is all the comms and IoT and all the smart embdedded control systems you could ever want. So you’d use a computer with VR interface to design whatever kind of building and interior furniture decor you want, and then when you hit the big red button, it would appear in front of your eyes from the carbethium blocks you had delivered. You could also build robots using the same self-assembly approach.

If these structures can assemble fast enough, and I think they could, then a new form of kinetic architecture would appear. This would use the momentum of the construction material to drive the front edges of the surfaces, kinetic assembly allowing otherwise impossible and elaborate arches to be made.

A city transport infrastructure could be built entirely out of carbethium. The linear induction mats could grow along a road, connecting quickly to make a whole city grid. Circuit design allows the infrastructure to steer driverless pods wherever they need to go, and they could also be assembled as required using carbethium. No parking or storage is needed, as the pod would just melt away onto the surface when it isn’t needed.

I could go to town on military and terrorist applications, but more interesting is the use of the defense domes. When I was a kid, I imagined having a house with a defense dome over it. Lots of sci-fi has them now too. Domes have a strong appeal, even though they could also be used as prisons of course. A supply of carbetheum on the city edges could be used to grow a strong dome in minutes or even seconds, and there is no practical limit to how strong it could be. Even if lasers were used to penetrate it, the holes could fill in in real time, replacing material as fast as it is evaporated away.

Anyway, lots of fun. Today’s civil engineering projects like HS2 look more and more primitive by the day, as we finally start to see the true potential of genuinely 21st century construction materials. 2050 is not too early to expect widespread use of carbetheum. It won’t be called that – whoever commercializes it first will name it, or Google or MIT will claim to have just invented it in a decade or so, so my own name for it will be lost to personal history. But remember, you saw it here first.

2016 – The Bright Side

Having just blogged about some of the bad scenarios for next year (scenarios are just  explorations of things that might or could happen, not things that actually will, those are called predictions), Len Rosen’s comment stimulated me to balance it with a nicer look at next year. Some great things will happen, even ignoring the various product release announcements for new gadgets. Happiness lies deeper than the display size on a tablet. Here are some positive scenarios. They might not happen, but they might.

1 Middle East sorts itself out.

The new alliance formed by Saudi Arabia turns out to be a turning point. Rising Islamophobia caused by Islamist around the world has sharpened the view of ISIS and the trouble in Syria with its global consequences for Islam and even potentially for world peace. The understanding that it could get even worse, but that Western powers can’t fix trouble in Muslim lands due to fears of backlash, the whole of the Middle East starts to understand that they need to sort out their tribal and religious differences to achieve regional peace and for the benefit of Muslims everywhere. Proper discussions are arranged, and with the knowledge that a positive outcome must be achieved, success means a strong alliance of almost all regional powers, with ISIS and other extremist groups ostracized, then a common army organised to tackle and defeat them.

2 Quantum computation and AI starts to prove useful in new drug design

Google’s wealth and effort with its quantum computers and AI, coupled to IBM’s Watson, Facebook, Apple and Samsung’s AI efforts, and Elon Musk’s new investment in open-AI drive a positive feedback loop in computing. With massive returns on the horizon by making people’s lives easier, and with ever-present fears of Terminator in the background, the primary focus is to demonstrate what it could mean for mankind. Consequently, huge effort and investment is focused on creating new drugs to cure cancer, aids and find generic replacements for antibiotics. Any one of these would be a major success for humanity.

3 Major breakthrough in graphene production

Graphene is still the new wonder-material. We can’t make it in large quantities cheaply yet, but already the range of potential uses already proven for it is vast. If a breakthrough brings production cost down by an order of magnitude or two then many of those uses will be achievable. We will be able to deliver clean and safe water to everyone, we’ll have super-strong materials, ultra-fast electronics, active skin, better drug delivery systems, floating pods, super-capacitors that charge instantly as electric cars drive over a charging unit on the road surface, making batteries unnecessary. Even linear induction motor mats to replace self-driving cars with ultra-cheap driver-less pods. If the breakthrough is big enough, it could even start efforts towards a space elevator.

4 Drones

Tiny and cheap drones could help security forces to reduce crime dramatically. Ignoring for now possible abuse of surveillance, being able to track terrorists and criminals in 3D far better than today will make the risk of being caught far greater. Tiny pico-drones dropped over Syria and Iraq could pinpoint locations of fighters so that they can be targeted while protecting innocents. Environmental monitoring would also benefit if billions of drones can monitor ecosystems in great detail everywhere at the same time.

5 Active contact lens

Google has already prototyped a very primitive version of the active contact lens, but they have been barking up the wrong tree. If they dump the 1-LED-per-Pixel approach, which isn’t scalable, and opt for the far better approach of using three lasers and a micro-mirror, then they could build a working active contact lens with unlimited resolution. One in each eye, with an LCD layer overlaid, and you have a full 3D variably-transparent interface for augmented reality or virtual reality. Other displays such as smart watches become unnecessary since of course they can all be achieved virtually in an ultra-high res image. All the expense and environmental impact of other displays suddenly is replaced by a cheap high res display that has an environmental footprint approaching zero. Augmented reality takes off and the economy springs back to life.

6 Star Wars stimulates renewed innovation

Engineers can’t watch a film without making at least 3 new inventions. A lot of things on Star Wars are entirely feasible – I have invented and documented mechanisms to make both a light saber and the land speeder. Millions of engineers have invented some way of doing holographic characters. In a world that seems full of trouble, we are fortunate that some of the super-rich that we criticise for not paying as much taxes as we’d like are also extremely good engineers and have the cash to back up their visions with real progress. Natural competitiveness to make the biggest contribution to humanity will do the rest.

7 Europe fixes itself

The UK is picking the lock on the exit door, others are queuing behind. The ruling bureaucrats finally start to realize that they won’t get their dream of a United States of Europe in quite the way they hoped, that their existing dream is in danger of collapse due to a mismanaged migrant crisis, and consequently the UK renegotiation stimulates a major new treaty discussion, where all the countries agree what their people really want out of the European project, rather than just a select few. The result is a reset. A new more democratic European dream emerges that the vest majority of people actually wants. Agreement on progress to sort out the migrant crisis is a good test and after that, a stronger, better, more vibrant Europe starts to emerge from the ashes with a renewed vigor and rapidly recovering economy.

8 Africa rearranges boundaries to get tribal peace

Breakthrough in the Middle East ripples through North Africa resulting in the beginnings of stability in some countries. Realization that tribal conflicts won’t easily go away, and that peace brings prosperity, boundaries are renegotiated so that different people can live in and govern their own territories. Treaties agree fair access to resources independent of location.

9 The Sahara become Europe’s energy supply

With stable politics finally on the horizon, energy companies re-address the idea of using the Sahara as a solar farm. Local people earn money by looking after panels, keeping them clean and in working order, and receive welcome remuneration, bringing prosperity that was previously beyond them. Much of this money in turn is used to purify water, irrigating deserts and greening them, making a better food supply while improving the regional climate and fixing large quantities of CO2. Poverty starts to reduce as the environment improves. Much of this is replicated in Central and South America.

10 World Peace emerges

By fighting alongside in the Middle East and managing to avoid World War 3, a very positive relationship between Russia and the West emerges. China meanwhile, makes some of the energy breakthroughs needed to get solar efficiency and cost down below oil cost. This forces the Middle East to also look Westward for new markets and to add greater drive to their regional peace efforts to avoid otherwise inevitable collapse. Suddenly a world that was full of wars becomes one where all countries seem to be getting along just fine, all realizing that we only have this one world and one life and we’d better not ruin it.

2016: The Dark Side

Bloomberg reports the ‘Pessimists guide to the world in 2016’, by By Flavia Krause-Jackson, Mira Rojanasakul, and John Fraher.

http://www.bloomberg.com/graphics/pessimists-guide-to-2016/

Excellent stuff. A healthy dose of realism to counter the spin and gloss and outright refusals to notice things that don’t fit the agenda that we so often expect from today’s media. Their entries deserve some comment, and I’ll add a few more. I’m good at pessimism.

Their first entry is oil reaching $100 a barrel as ISIS blows up oil fields. Certainly possible, though they also report the existing oil glut: http://www.bloomberg.com/news/articles/2015-12-17/shale-drillers-are-now-free-to-export-u-s-oil-into-global-glut

Just because the second option is the more likely does not invalidate the first as a possible scenario, so that entry is fine.

An EU referendum in June is their 2nd entry. Well, that will only happen if Cameron gets his way and the EU agrees sufficient change to make the referendum result more likely to end in a Yes. If there is any hint of a No, it will be postponed as far as possible to give politics time to turn the right way. Let’s face facts. When the Ukraine had their referendum, they completed the entire process within two weeks. If the Conservatives genuinely wanted a referendum on Europe, it would have happened years ago. The Conservatives make frequent promises to do the Conservative thing very loudly, and then quietly do the Labour thing and hope nobody notices. Osborne promised to cut the deficit but faced with the slightest objections from the media performed a text-book U-turn. That follow numerous U-turns on bin collections, speed cameras, wheel clamping, environment, surveillance, immigration, pensions, fixing the NHS…. I therefore think he will spin the EU talks as far as possible to pretend that tiny promises to think about the possibility of reviewing policies are the same as winning guarantees of major changes. Nevertheless, an ongoing immigration flood and assorted Islamist problems are increasing the No vote rapidly, so I think it far more likely that the referendum will be postponed.

The 3rd is banks being hit by a massive cyber attack. Very possible, even quite likely.

4th, EU crumbles under immigration fears. Very likely indeed. Schengen will be suspended soon and increasing Islamist violence will create increasing hostility to the migrant flow. Forcing countries to accept a proportion of the pain caused by Merkel’s naivety will increase strains between countries to breaking point. The British referendum on staying or leaving adds an escape route that will be very tempting for politicians who want to stay in power.

Their 5th is China’s economy failing and military rising. Again, quite feasible. Their economy has suffered a slowdown, and their military looks enthusiastically at Western decline under left-wing US and Europe leadership, strained by Middle Eastern and Russian tensions. There has never been a better time for their military to exploit weaknesses.

6 is Israel attacking Iranian nuclear facilities. Well, with the US and Europe rapidly turning antisemitic and already very anti-Israel, they have pretty much been left on their own, surrounded by countries that want them eliminated. If anything, I’m surprised they have been so patient.

7 Putin sidelines America. Is that not history?

8 Climate change heats up. My first significant disagreement. With El-Nino, it will be a warm year, but evidence is increasing that the overall trend for the next few decades will be cooling, due to various natural cycles. Man made warming has been greatly exaggerated and people are losing interest in predictions of catastrophe when they can see plainly that most of the alleged change is just alterations to data. Yes, next year will be warm, but thanks to far too many cries of wolf, apart from meta-religious warmists, few people still believe things will get anywhere near as bad as doom-mongers suggest. They will notice that the Paris agreement, if followed, would trash western economies and greatly increase their bills, even though it can’t make any significant change on global CO2 emissions. So, although there will be catastrophe prediction headlines next year making much of higher temperatures due to El Nino, the overall trend will be that people won’t be very interested any more.

9 Latin America’s lost decade. I have to confess I did expect great things from South America, and they haven’t materialized. It is clear evidence that a young vibrant population does not necessarily mean one full of ideas, enthusiasm and entrepreneurial endeavor. Time will tell, but I think they are right on this one.

Their 10th scenario is Trump winning the US presidency. I can’t put odds on it, but it certainly is possible, especially with Islamist violence increasing. He offers the simple choice of political correctness v security, and framed that way, he is certainly not guaranteed to win but he is in with a decent chance. A perfectly valid scenario.

Overall, I’m pretty impressed with this list. As good as any I could have made. But I ought to add a couple.

My first and most likely offering is that a swarm of drones is used in a terrorist attack on a stadium or even a city center. Drones are a terrorist’s dream, and the lack of licensing has meant that people can acquire lots of them and they could be used simultaneously, launched from many locations and gathering together in the same place to launch the attack. The attack could be chemical, biological, explosive or even blinding lasers, but actually, the main weapon would be the panic that would result if even one or two of them do anything. Many could be hurt in the rush to escape.

My second is a successful massive cyber-attack on ordinary people and businesses. There are several forms of attack that could work and cause enormous problems. Encryption based attacks such as ransomware are already here, but if this is developed by the IT experts in ISIS and rogue regimes, the ransom might not be the goal. Simply destroying data or locking it up is quite enough to be a major terrorist goal. It could cause widespread economic harm if enough machines are infected before defenses catch up, and AI-based adaptation might make that take quite a while. The fact is that so far we have been very lucky.

The third is a major solar storm, which could knock out IT infrastructure, again with enormous economic damage. The Sun is entering a period of sunspot drought quite unprecedented since we started using IT. We don’t really know what will happen.

My fourth is a major virus causing millions of deaths. Megacities are such a problem waiting to happen. The virus could evolve naturally, or it could be engineered. It could spread far and wide before quarantines come into effect. This could happen any time, so next year is a valid possibility.

My fifth and final scenario is unlikely but possible, and that is the start of a Western civil war. I have blogged about it in https://timeguide.wordpress.com/2013/12/19/machiavelli-and-the-coming-great-western-war/ and suggested it is likely in the middle or second half of the century, but it could possibly start next year given the various stimulants we see rising today. It would affect Europe first and could spread to the USA.

Stimulative technology

You are sick of reading about disruptive technology, well, I am anyway. When a technology changes many areas of life and business dramatically it is often labelled disruptive technology. Disruption was the business strategy buzzword of the last decade. Great news though: the primarily disruptive phase of IT is rapidly being replaced by a more stimulative phase, where it still changes things but in a more creative way. Disruption hasn’t stopped, it’s just not going to be the headline effect. Stimulation will replace it. It isn’t just IT that is changing either, but materials and biotech too.

Stimulative technology creates new areas of business, new industries, new areas of lifestyle. It isn’t new per se. The invention of the wheel is an excellent example. It destroyed a cave industry based on log rolling, and doubtless a few cavemen had to retrain from their carrying or log-rolling careers.

I won’t waffle on for ages here, I don’t need to. The internet of things, digital jewelry, active skin, AI, neural chips, storage and processing that is physically tiny but with huge capacity, dirt cheap displays, lighting, local 3D mapping and location, 3D printing, far-reach inductive powering, virtual and augmented reality, smart drugs and delivery systems, drones, new super-materials such as graphene and molybdenene, spray-on solar … The list carries on and on. These are all developing very, very quickly now, and are all capable of stimulating entire new industries and revolutionizing lifestyle and the way we do business. They will certainly disrupt, but they will stimulate even more. Some jobs will be wiped out, but more will be created. Pretty much everything will be affected hugely, but mostly beneficially and creatively. The economy will grow faster, there will be many beneficial effects across the board, including the arts and social development as well as manufacturing industry, other commerce and politics. Overall, we will live better lives as a result.

So, you read it here first. Stimulative technology is the next disruptive technology.

 

Citizen wage and why under 35s don’t need pensions

I recently blogged about the citizen wage and how under 35s in developed countries won’t need pensions. I cut and pasted it below this new pic for convenience. The pic contains the argument so you don’t need to read the text.

Economic growth makes citizen wage feasible and pensions irrelevant

Economic growth makes citizen wage feasible and pensions irrelevant

If you do want to read it as text, here is the blog cut and pasted:

I introduced my calculations for a UK citizen wage in https://timeguide.wordpress.com/2013/04/08/culture-tax-and-sustainable-capitalism/, and I wrote about the broader topic of changing capitalism a fair bit in my book Total Sustainability. A recent article http://t.co/lhXWFRPqhn reminded me of my thoughts on the topic and having just spoken at an International Longevity Centre event, ageing and pensions were in my mind so I joined a few dots. We won’t need pensions much longer. They would be redundant if we have a citizen wage/universal wage.

I argued that it isn’t economically feasible yet, and that only a £10k income could work today in the UK, and that isn’t enough to live on comfortably, but I also worked out that with expected economic growth, a citizen wage equal to the UK average income today (£30k) would be feasible in 45 years. That level will sooner be feasible in richer countries such as Switzerland, which has already had a referendum on it, though they decided they aren’t ready for such a change yet. Maybe in a few years they’ll vote again and accept it.

The citizen wage I’m talking about has various names around the world, such as universal income. The idea is that everyone gets it. With no restrictions, there is little running cost, unlike today’s welfare which wastes a third on admin.

Imagine if everyone got £30k each, in today’s money. You, your parents, kids, grandparents, grand-kids… Now ask why you would need to have a pension in such a system. The answer is pretty simple. You won’t.  A retired couple with £60k coming in can live pretty comfortably, with no mortgage left, and no young kids to clothe and feed. Let’s look at dates and simple arithmetic:

45 years from now is 2060, and that is when a £30k per year citizen wage will be feasible in the UK, given expected economic growth averaging around 2.5% per year. There are lots of reasons why we need it and why it is very likely to happen around then, give or take a few years – automation, AI, decline of pure capitalism, need to reduce migration pressures, to name just a few

Those due to retire in 2060 at age 70 would have been born in 1990. If you were born before that, you would either need a small pension to make up to £30k per year or just accept a lower standard of living for a few years. Anyone born in 1990 or later would be able to stop working, with no pension, and receive the citizen wage. So could anyone else stop and also receive it. That won’t cause economic collapse, since most people will welcome work that gives them a higher standard of living, but you could just not work, and just live on what today we think of as the average wage, and by then, you’ll be able to get more with it due to reducing costs via automation.

So, everyone after 2060 can choose to work or not to work, but either way they could live at least comfortably. Anyone less than 25 today does not need to worry about pensions. Anyone less than 35 really doesn’t have to worry much about them, because at worst they’ll only face a small shortfall from that comfort level and only for a few years. I’m 54, I won’t benefit from this until I am 90 or more, but my daughter will.

Summarising:

Are you under 25 and living in any developed country? Then don’t pay into a pension, you won’t need one.

Under 35, consider saving a little over your career, but only enough to last you a few years.

The future of rubbish quality art

Exhibit A: Tracey Emin – anything at all from her portfolio will do.

Exhibit B: What I just knocked up in 5 minutes:

Exploration of the real-time gravitational interaction of some copper atoms

Exploration of the real-time gravitational interaction of some copper atoms

A recent work, I can Cu Now

As my obvious  artistic genius quickly became apparent to me, I had a huge flash of inspiration and produced this:

Investigating the fundamental essence of futurology and whether the process of looking into the future can be fully contained within a finite cultural bottle.

Investigating the fundamental essence of futurology and whether the process of looking into the future can be fully contained within a finite cultural bottle.

Trying to bottle the future

I have to confess that I didn’t make the beautiful bottle, but even Emin only has a little personal  input into some of the works she produces and it is surely obvious that my talent in arranging this so beautifully is vastly greater than that of the mere sculptor who produced the vase, or bottle, or whatever. Then, I produced my magnum opus, well so far, towards the end of my five minutes of exploration of the art world. I think you’ll agree I ought immediately to be assigned Professor of Unified Arts in the Royal Academy. Here it is, if I can see well enough to upload it through my tears of joy at having produced such insight.

Can we measure the artistic potential of a rose?

Can we measure the artistic potential of a rose?

This work needs no further explanation. I rest my case.

Time – The final frontier. Maybe

It is very risky naming the final frontier. A frontier is just the far edge of where we’ve got to.

Technology has a habit of opening new doors to new frontiers so it is a fast way of losing face. When Star Trek named space as the final frontier, it was thought to be so. We’d go off into space and keep discovering new worlds, new civilizations, long after we’ve mapped the ocean floor. Space will keep us busy for a while. In thousands of years we may have gone beyond even our own galaxy if we’ve developed faster than light travel somehow, but that just takes us to more space. It’s big, and maybe we’ll never ever get to explore all of it, but it is just a physical space with physical things in it. We can imagine more than just physical things. That means there is stuff to explore beyond space, so space isn’t the final frontier.

So… not space. Not black holes or other galaxies.

Certainly not the ocean floor, however fashionable that might be to claim. We’ll have mapped that in details long before the rest of space. Not the centre of the Earth, for the same reason.

How about cyberspace? Cyberspace physically includes all the memory in all our computers, but also the imaginary spaces that are represented in it. The entire physical universe could be simulated as just a tiny bit of cyberspace, since it only needs to be rendered when someone looks at it. All the computer game environments and virtual shops are part of it too. The cyberspace tree doesn’t have to make a sound unless someone is there to hear it, but it could. The memory in computers is limited, but the cyberspace limits come from imagination of those building or exploring it. It is sort of infinite, but really its outer limits are just a function of our minds.

Games? Dreams? Human Imagination? Love? All very new agey and sickly sweet, but no. Just like cyberspace, these are also all just different products of the human mind, so all of these can be replaced by ‘the human mind’ as a frontier. I’m still not convinced that is the final one though. Even if we extend that to greatly AI-enhanced future human mind, it still won’t be the final frontier. When we AI-enhance ourselves, and connect to the smart AIs too, we have a sort of global consciousness, linking everyone’s minds together as far as each allows. That’s a bigger frontier, since the individual minds and AIs add up to more cooperative capability than they can achieve individually. The frontier is getting bigger and more interesting. You could explore other people directly, share and meld with them. Fun, but still not the final frontier.

Time adds another dimension. We can’t do physical time travel, and even if we can do so in physics labs with tiny particles for tiny time periods, that won’t necessarily translate into a practical time machine to travel in the physical world. We can time travel in cyberspace though, as I explained in

https://timeguide.wordpress.com/2012/10/25/the-future-of-time-travel-cheat/

and when our minds are fully networked and everything is recorded, you’ll be able to travel back in time and genuinely interact with people in the past, back to the point where the recording started. You would also be able to travel forwards in time as far as the recording stops and future laws allow (I didn’t fully realise that when I wrote my time travel blog, so I ought to update it, soon). You’d be able to inhabit other peoples’ bodies, share their minds, share consciousness and feelings and emotions and thoughts. The frontier suddenly jumps out a lot once we start that recording, because you can go into the future as far as is continuously permitted. Going into that future allows you to get hold of all the future technologies and bring them back home, short circuiting the future, as long as time police don’t stop you. No, I’m not nuts – if you record everyone’s minds continuously, you can time travel into the future using cyberspace, and the effects extend beyond cyberspace into the real world you inhabit, so although it is certainly a cheat, it is effectively real time travel, backwards and forwards. It needs some security sorted out on warfare, banking and investments, procreation, gambling and so on, as well as lot of other causality issues, but to quote from Back to the Future: ‘What the hell?’ [IMPORTANT EDIT: in my following blog, I revise this a bit and conclude that although time travel to the future in this system lets you do pretty much what you want outside the system, time travel to the past only lets you interact with people and other things supported within the system platform, not the physical universe outside it. This does limit the scope for mischief.]

So, time travel in fully networked fully AI-enhanced cosmically-connected cyberspace/dream-space/imagination/love/games would be a bigger and later frontier. It lets you travel far into the future and so it notionally includes any frontiers invented and included by then. Is it the final one though? Well, there could be some frontiers discovered after the time travel windows are closed. They’d be even finaller, so I won’t bet on it.

 

 

Drones, balloons and high speed banking

High speed  or high frequency banking is a fact of life now and I am glad to say I predicted it and some of its associated issues in the mid 1990s. Technology has moved on rather though, so it’s long past time for an update.

Getting the distance between computing elements as small as possible has been one of the key factors in making chips faster, but the distances between chips and between computers are enormous by comparison. Now that trading computers execute many billions of instructions per second, even tiny extra transmission times can make a significant difference in the precise time at which data that will influence a trade instruction is received by a bank computer, and a consequent trade initiated. That can make a big difference in price and hence profits.

We are about to see the first exaflop computers. A light signal can only travel a third of a nanometre in free space in the time it take for an instruction to execute on such a machine.

Some data delivery to banks is synchronised to give a degree of fairness, but not all data is included in that, useful data doesn’t all come from a single source, and analyst software isn’t necessarily in the same location as a trading device, so signals holding data or instructions have to travel relatively large distances and that gives a degree of competitive advantage to those banks that pick the best locations and optimise their networks best. Sometimes important signals travel between cities or between buildings in a city. Banks already make free space optical links, send signals over laser beams through the air; point to point links with minimum distance. However, that isn’t feasible between cities. Very straight optical cables have also been laid to solve longer distance comms without incurring any extra delays due to bends.

But the trend won’t peak any time soon. Light travels faster in air than it does in fibre. 3 microseconds per kilometre is a lot faster than 5, so those banks with fibre links would be at a disadvantage compared to those with free space links. If the distance is too high to send a laser beam directly between buildings  due to atmospheric absorption, the earth’s curvature or air safety considerations, then there is another solution coming soon. Even sending free space light through the fibre ducts could be faster in latency terms than actually using the fibre, though the practicalities of doing so might well make it near impossible.

Balloons and drones are already being used or considered for many purposes and communications is just another one. Making a network of balloons or drones to divide the journey into manageable hops would speed signals along. There is a trade-off between altitude and distance. Going too high adds too much extra distance, though the air is clearer so fewer hops are needs and the speed of light very slightly faster. There will be an optimum curve that takes the signals reasonably high for most of the journey, but that keeps the total distance low. Drones and balloons can stay afloat for long periods.

It doesn’t stop with just comm-links. Given that there are preferred locations for different industries as far as data sources go, we may well see aerial computing too, doing the processing in situ and relaying a trade instruction to minimise the total time involved. Regulation lags such ideas so that enables the faster more agile banks to use high altitude balloons or drones for long periods before legal challenges force their removal. Even then, using helicopters and planes, hiring office building rooftops and many other strategies will enable banks to shave microseconds or even milliseconds off the time they need to analyse data and instruct trades.

High frequency trading has already introduced instabilities into trading systems and these new potentials will increase instability further still. The extra mathematical and business complexity of using divers parallel networks introduces new kinds of wave interference and emergent behavioural risks that will be as hard to spot as the financial derivative risks that caused the last crash.

While risks are underwritten by taxpayers and banks can keep the rewards, they have little incentive to play safe and every incentive to gamble more and faster, using every new gearing technology they can source. Future crashes could be even more spectacular, and may happen order of magnitude faster than the last big crash.

I spotted some other new banking toys, but they are even more dangerous and I will save those for another blog.

 

 

The future of mining

I did an interview recently on future mining, so I thought I’d blog my thoughts on the subject while they’re all stuck together coherently.

Very briefly, increasing population and wealth will generate higher resource need until the resources needed per person starts to fall at a higher rate, and it will. That almost certainly means a few decades of increasing demand for many resources, with a few exceptions where substitution will impact at a higher rate. Eventually, demand will peak and fall for most resources. Meanwhile, the mining industry can prosper.

Robotics

Robots are already used a lot in mining, but their uses will evolve. Robots have a greater potential range of senses than humans, able to detect whatever sensors are equipped for. That means they can see into rock and analyse composition better than our eyes. AI will improve their decisions. Of course, we’ll still have the self drive vehicles, diggers and the other automation we already expect to see.

If a mine can be fully automated, it may reduce deaths and costs significantly. Robots can also have a rapid speed of reaction as well as AI and advanced sensing, and could detect accidents before they happen. Apart from saving on wages, robots also don’t need expensive health and safety, so that may see lower costs, but at the expense of greater risks with occasional flat robots in an automated mine. The costs of robots can be kept low if most of their intelligence is remote rather than on board. Saving human lives is a benefit that can’t easily be costed. Far better to buy a new machine than to comfort a bereaved family.

Robots in many other mixed mines will need to be maintained, so maybe people’s main role will often be just looking after the machines, and we would still need to ensure safety in that case. That creates a big incentive to make machines that can be maintained by other machines so that full automation can be achieved.

With use of penetrating positioning systems, specialist wanderer bots could tunnel around at will, following a seam, extracting and concentrating useful materials and leave markers for collector bots to gather the concentrates.

NBIC

With ongoing convergence of biotech, nanotech and IT, we should expect a lot of development of various types of bacterial or mechanical microbots, that can get into new places and reduce the costs of recovery, maybe even reopening some otherwise uneconomic mines. Development of bacteria that can transmute materials has already begun, and we should expect that some future mines will depend mainly on a few bucketfuls of bacterial soup to convert and concentrate resources into more easily extracted reserves. Such advanced technology will greatly increase the reserves of material that can economically be extracted. Obviously the higher the price, the more that can be justified on extraction, so advanced technologies will develop faster when we need them, as any shortages start to appear.

Deep Sea

Deep sea mines would provide access to far greater resource pools, limited mainly by the market price for the material. Re-opening other mines as technology improves recovery potential will also help.

Asteroid Mining

Moving away from the Earth, a lot of hype has appeared about asteroid mining and some analyses seem to think that it will impact enormously on the price of scarce materials here on Earth. I think that is oversold as a possibility.  Yes, it will be possible to bring stuff back to Earth, but the costs of landing materials safely would be high and only justified for those with extreme prices.  For traditionally expensive gold or diamonds, actual uses are relatively low and generally have good cheaper substitutes, so if large quantities were shipped back to Earth, prices would still be managed as they already are, with slow trickling onto the market to avoid price collapse. That greatly limits the potential wealth from doing so.

I think it is far more likely that asteroid mining will be focused on producing stuff for needed for construction, travel and living in space, such as space stations, ships, energy collection, habitation, outposts etc. In that case, many of the things mined from asteroids would be things that are cheap here, such as water and iron and other everyday materials. Their value in space might be far higher simply because of the expense of moving them. This last factor suggests that there may be a lot of interest in technologies to move asteroids or change their orbits so the resources end up closer to where they are needed. An asteroid could be mined at great length, with the materials extracted and left on its surface, then waiting until the asteroid is close to the required destination before the materials are collected and dispatched. The alternative that we routinely see in sci-fi, with vast mining ships, is possible, and there will undoubtedly be times they are needed, but surely can’t compete on cost with steering an entire asteroid so it delivers the materials itself.

Population growth and resource need

As human population increases, we’ll eventually also see robot and android population increase, and they might also need resources for their activities. We should certainly factor that into future demand estimates. However, there are also future factors that will reduce the resources needed.

Smarter Construction

More advanced construction techniques, development of smarter materials and use of reactive architecture all mean that less resource is needed for a given amount of building. Exotic materials such as graphene  and carbon nanotubes, boron derivatives, and possibly even plasma in some applications, will all impact on construction and other industries and reduce demand for lots of resources. The carbon derivatives are a double win, since carbon can usefully be extracted from the products of fossil fuel energy production, making cleaner energy at the same time as providing building and fabrication materials. The new carbon materials are a lot stronger than steel, so we may build much higher buildings, making a lower environmental footprint for cities. They are also perfect for making self-driving cars as well as their energy storage, power supply and supporting infrastructure.

IT efficiency v the Greens

Miniaturisation of electronics and IT will continue for decades more. A few cubic millimetres of electronics could easily replace all the electronics owned by a typical family today. Perversely, Greens are trying hard to force a slower obsolescence cycle, not understanding that the faster we get to minimal resource use, the lower the overall environmental impact will be. By prolonging high-resource-use gadgets, even as people get wealthier and can afford to buy more, the demands will increase far beyond what is really necessary of they hadn’t interfered. It is far better for 10 billion people to use a few cubic millimetres each than a few litres. Greens also often want to introduce restrictions on development of other advanced technology, greatly overusing the precautionary principle. Their distrust of science and technology is amazing considering how much it can obviously benefit the environment.

A lot of things can be done virtually too, with no resource use at all, especially displays and interfaces, all of which could share a single common display such as a 0.2 gram active contact lens. A lot of IT can be centralised with greater utilisation, while some can achieve better efficiency by decentralising. We need to apply intelligence to the problem, looking at each bit as part of an overall system instead of in isolation, and looking at the full life cycle as well as the full system.

Substitution will reduce demand for copper, neodymium, lithium

Recycling of some elements will provide more than is needed by a future market because of material substitution, so prices of some could fall, such as copper. Copper in plumbing is already being substituted heavily by plastic. In communications, fibre and mobile are already heavily replacing it. In power cables, it will eventually be substituted by graphene. Similar substitution is likely in many other materials. The primary use of neodymium is in wind turbines and high speed motors. As wind turbines are abandoned and recycled in favour of better energy production techniques, as future wind power can even be based on plastic capacitors that need hardly any metal at all, and as permanent magnets in motors are substituted by superconducting magnets, there may not be much demand for neodymium. Similarly, lithium is in great demand for batteries, but super-capacitors, again possibly using carbon derivatives such as graphene, will substitute greatly for them. Inductive power coupling from inductive mats in a road surface could easily replace most of the required capacity for a car battery, especially as self driving cars will be lighter and closer together, reducing energy demand. Self-driving cars even reduce the number of cars needed as they deter private ownership. So it is a win-win-win for everyone except the mining industry. A small battery or super-cap bank might have little need for lithium. Recycled lithium could be all we need. Recycling will continue to improve through better practice and better tech, and also some rubbish tips could even be mined if we’re desperate. With fewer cars needed, and plastic instead of steel, that also impacts on steel need.

The Greens are the best friends of the mining industry

So provided we can limit Green interference and get on with developing advanced technology quickly, the fall in demand per person (or android) may offset resource need at a higher rate than the population increases. We could use less material in the far future than we do today, even with a far higher average standard of living. After population peaks and starts falling, there could be a rapid price fall as a glut of recycled material appears. That would be a bleak outcome for the mining sector of course. In that case, by delaying that to the best of their ability, it turns out that the Greens are the mining industry’s best friends, useful idiots, ensuring that the markets remain as large as possible for as long as possible, with the maximum environmental impact.

It certainly takes a special restriction of mind to let someone do so much harm to the environment while still believing they occupy the moral high ground!

Carbon industry

Meanwhile, carbon sequestration could easily evolve into a carbon materials industry, in direct competition with the traditional resources sector, with carbon building materials, cables, wires, batteries, capacitors, inductors, electronics, fabrics…..a million uses. Plastics will improve in parallel, often incorporating particles of electronics, sensors, and electronic muscles, making a huge variety of potential smart materials for any kind of building, furniture of gadget. The requirement for concrete, steel, aluminium, copper, and many other materials will eventually drop, even as population and wealth grows.

To conclude, although population increase and wealth increase will generate increasing demand in the short to medium term, and mining will develop rapidly along many avenues, in the longer term, the future will rely far more on recycling and advanced manufacturing techniques, so the demand for raw materials will eventually peak and fall.

I wrote at far greater length about achieving a system-wide sustainable future in my book Total Sustainability, which avoids the usual socialist baggage.