2 - 4 minute read
Cardano founder Charles Hoskinson has listed five pillars of humanity in the 21st century that he believes will define the success or failure of human development. These five critical areas of human development are artificial intelligence (AI), quantum computing, synthetic biology, nanotechnology, and blockchain technology. Hoskinson believes that these technologies are interconnected and will facilitate equality by design and guarantees of rights.
AI is the first and biggest thing on Hoskinson’s list. He argues that this is the first time humans have been able to extend their cognition to the point where they have synthetic cognition at a global scale that’s growing and evolving at a very fast pace. Quantum computing, on the other hand, is a new computing model that provides new and very important capabilities and could potentially even crack Bitcoin’s security.
Synthetic biology is the area where humans start using technology to manipulate and change organisms. This includes de-extinction and adding new capabilities, like adding cells to human tissue that can change colors or integrating computers in our brains so “we can think to text.” Nanotechnology allows humans to change any physical thing into a computer, such as turning a restaurant table into “kind of like an e-ink display” that shows the menu, but also potentially allowing it to cure cancer.
Lastly, blockchain technology could be used to create the rules in this new world order, as it allows humans to “take something that you would usually enforce through a social consensus and then treat it as if it’s immutable and cannot be violated.” Hoskinson believes that these five technologies can facilitate equality by design and guarantees of rights because the protocols can enforce them without being influenced by any organization.
Traders should take note of Hoskinson’s comments on blockchain technology, as it has the potential to be a powerful tool for creating immutable rules and regulations. However, it is important to remember that trading carries a high risk and should always be approached with caution.
