Our editors take time out to enlighten us on their favourite reads this week.
You may be forgiven for thinking you're about to embark on a lesson in human evolution as our editors have this week chosen subject areas with futuristic, though realistic, themes of human gene-editing technology and electronic persons, aka robots.
What caught my eye about this news is specifically the approach to innovation via problem solving, by using a charitable foundation structure that contributes funding for research, yet retains any resultant patents for future use.
MIT Technology Review referenced Parker saying in a Dateline NBC interview that aired last month: “What if we had a system where all the [intellectual property] could be shared among the scientists?”
The article explained how Mr. Parker compared the tactic of retaining rights with one of his other investments in Spotify which had convinced record labels to license their music in order for Spotify’s music-sharing service to be legal.
This made me think whether such an approach could be taken in the future across financial technology as novel methods of are used to create Fintech eco-systems while retaining rights over any resulting intellectual property and/or patents.
We stay on the subject of technology and move onto Rosemary Barnes' favourite story this week...
Should Robots Be Classified As Electronic Persons?
An article I came across this week was one which discussed a new proposal from the European Parliament calling for working
robots to be classified as "electronic persons," and for their owners to pay social security on their behalf.
According to the article, the rise in automation and artificial intelligence has raised concerns in Europe and elsewhere over economic effects, including unemployment, inequality, and social security systems.
The proposal is seeking to address those concerns with a legal framework that would consider "that at least the most sophisticated autonomous robots could be established as having the status of electronic persons with specific rights and Obligations."
It also calls for companies to declare the money they saved in social security by replacing human workers with robots, and for the creation of a European robotics agency to provide "technical, ethical and regulatory expertise."
Supporters of the motion say Europe needs a coherent framework to support and regulate robotics if it wants to keep pace with the rest of the world.
Mady Delvaux, an MP from Luxembourg and the motion's rapporteur, said: "The US, China, Korea and Japan have very ambitious projects. If we do not create the legal framework for the development of robotics, our market will be invaded by robots from outside."
Food for thought - I wonder where that leaves us humans?!
That concludes another week of stories that our editors are reading. We hope you found their reading suggestions useful.
We’d love to hear from you so feel free to share your views in the comment section and any recommendations of your own.
You may be forgiven for thinking you're about to embark on a lesson in human evolution as our editors have this week chosen subject areas with futuristic, though realistic, themes of human gene-editing technology and electronic persons, aka robots.
What caught my eye about this news is specifically the approach to innovation via problem solving, by using a charitable foundation structure that contributes funding for research, yet retains any resultant patents for future use.
MIT Technology Review referenced Parker saying in a Dateline NBC interview that aired last month: “What if we had a system where all the [intellectual property] could be shared among the scientists?”
The article explained how Mr. Parker compared the tactic of retaining rights with one of his other investments in Spotify which had convinced record labels to license their music in order for Spotify’s music-sharing service to be legal.
This made me think whether such an approach could be taken in the future across financial technology as novel methods of are used to create Fintech eco-systems while retaining rights over any resulting intellectual property and/or patents.
We stay on the subject of technology and move onto Rosemary Barnes' favourite story this week...
Should Robots Be Classified As Electronic Persons?
An article I came across this week was one which discussed a new proposal from the European Parliament calling for working
robots to be classified as "electronic persons," and for their owners to pay social security on their behalf.
According to the article, the rise in automation and artificial intelligence has raised concerns in Europe and elsewhere over economic effects, including unemployment, inequality, and social security systems.
The proposal is seeking to address those concerns with a legal framework that would consider "that at least the most sophisticated autonomous robots could be established as having the status of electronic persons with specific rights and Obligations."
It also calls for companies to declare the money they saved in social security by replacing human workers with robots, and for the creation of a European robotics agency to provide "technical, ethical and regulatory expertise."
Supporters of the motion say Europe needs a coherent framework to support and regulate robotics if it wants to keep pace with the rest of the world.
Mady Delvaux, an MP from Luxembourg and the motion's rapporteur, said: "The US, China, Korea and Japan have very ambitious projects. If we do not create the legal framework for the development of robotics, our market will be invaded by robots from outside."
Food for thought - I wonder where that leaves us humans?!
That concludes another week of stories that our editors are reading. We hope you found their reading suggestions useful.
We’d love to hear from you so feel free to share your views in the comment section and any recommendations of your own.
UK Chancellor Jeremy Hunt Clashes with FCA over Controversial “Name and Shame” Policy
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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