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View Article  Clean air or TV: Where will Asia find more energy?
A toxic purple haze of diesel exhaust hangs over the rice and jute fields here in northeastern India, and bird songs are frequently drowned out by the chug-a-chug-a-chug of diesel generators. — Across the developing world, cheap diesel generators from China have become a favorite way to provide electricity. — They power everything from irrigation pumps to television sets, allowing growing numbers of rural villages in many poor countries to grow more crops and connect to the wider world. — But as the demand increases for the electricity that makes those advances possible, it is often being met through the dirtiest, most inefficient means, creating pollution in many remote areas that used to have pristine air and negligible emissions of carbon dioxide and other global warming gases...

Another popular approach being tried in India and elsewhere -- using solar energy to recharge lanterns by day -- has run into difficulty even as diesel prices would seem to make it more competitive. — The problem is that prices for photovoltaic panels for solar energy have surged as governments in industrialized countries, especially Germany, have encouraged greater use of renewable energy, said Hemant Lamba, the coordinator of Aurore, a renewable energy service company in Auroville, India. — "It's harder to do any solar energy projects in India," he said. ...
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View Article  Biovillage approach represents the greening of development
Selvi Alagappan rises early each day to tend to her small patch of crossandra and jasmine flowers in the rural Indian village of Mangalam, in the Union of Pondicherry. These and the mushrooms she cultivates in a nearby shack bring in a monthly income that, while still below the poverty line, keeps her large family from going hungry. — Two years ago, however, starvation was very much a reality for Selvi and her family. But like many other participants of the Biovillage Project, a collaborative development programme described by its authors as "pro-nature, pro-women, pro-poor", Selvi was given the tools and technical assistance to increase her household income and get her back on her feet again.

The project is run by the M.S. Swaminathan Research Foundation, a local non-governmental organization in Chennai, with funding and technical assistance from the Government of India and international agencies including FAO, the United Nations Development Programme (UNDP) and the International Fund for Agricultural Development (IFAD). The project began in 1992 with 42 participants in three villages. It now operates in 19 villages with a team of 24 project specialists. ...
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View Article  Chennai Declaration: UN urged to help achieve hunger-free world
The United Nations (UN) has been recommended to set up a Statutory Body comprising G8 and G20 nations to provide political oversight to the global and national efforts to achieve the goal of a hunger-free world by 2015. — The recommendation was made in the Chennai Declaration that was adopted yesterday on the concluding day of the three-day international workshop on "Food Security: A Great Threat to Human Security" held at the MS Swaminathan Research Foundation (MSRRF) in Chennai in India.

"The goal should be eradication of hunger by 2015, and not halving the proportion or the number of the hungry in relation to any chosen base year," the declaration recommended. — It said all the member states of the UN should make the right to a balance diet, clean drinking water, environmental sanitation, primary health care and primary education a basic human right...

The programme will be completed today (Thursday) through visiting Biovillage and Auroville, a MSSRF project in Pondicherry. ...
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View Article  Interview: Dr. Francis Collins, devout Christian & Head of the US' National Human Genome Research Institute
I started reading this interview with more than a little skepticism. ("Oh, this must be one of Bush's Christian fundamentalist appointees.") But as I read through it, I became increasingly impressed with the balanced perspective held by Dr. Collins. I'm posting it here because I think it provides an encouraging example of a possible rapprochement between scientists and people of faith.

The media often portray the religious right in the United States as antiscience. Is that a fair characterization?
I don't think it's fair to blame believers for getting defensive about attacks on the Bible when they see their whole belief system is under attack from some members of the scientific community who are using the platform of science to say, "We don't need God anymore, that was all superstition, and you guys should get over it." Believers then feel some requirement to respond, and this has led to an unfortunate escalation of charges and countercharges...

So what would you say to the scientists who are fervently opposed to religious thought and practice?
Is there any dogma more unsupported by the facts than from the scientist who stands up and says, "I know there is no God"? Science is woefully unsuited to ask the question of God in the first place. So give the religious folks a break. They are seeking the kind of spiritual truths that have always interested humankind but that science cannot really address. ...
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View Article  The human role in climate change (Boston Review)
This is one of the best summaries of the science of climate change and global warming forecasting I've seen. It's by Kerry Emanuel, a professor of meteorology at MIT, who was recognized in 2006 by Time magazine as "one of the world’s 100 most influential people." Highly recommended.

...The evolution of the scientific debate about anthropogenic climate change illustrates both the value of skepticism and the pitfalls of partisanship... general awareness of the issue dates to a National Academy of Sciences report in 1979 that warned that doubling CO2 content might lead to a three-to-eight-degree increase in global average temperature. Then, in 1988, James Hansen, the director of NASA’s Goddard Institute for Space Studies, set off a firestorm of controversy by testifying before Congress that he was virtually certain that a global-warming signal had emerged from the background climate variability... Most scientists were deeply skeptical of Hansen’s claims; I certainly was...

At roughly this time, radical environmental groups and a handful of scientists influenced by them leapt into the fray with rather obvious ulterior motives. This jump-started the politicization of the issue, and conservative groups, financed by auto makers and big oil, responded with counterattacks... A very small number of climate scientists adopted dogmatic positions and in so doing lost credibility among the vast majority who remained committed to an unbiased search for answers... On the right, the search began for negative feedbacks that would counter increasing greenhouse gases: imaginative ideas emerged, but they have largely failed the acid test of comparison to observations. But as the dogmatists grew increasingly alienated from the scientific mainstream, they were embraced by political groups and journalists, who thrust them into the limelight. This produced a gross distortion in the public perception of the scientific debate. Ever eager for the drama of competing dogmas, the media largely ignored mainstream scientists whose hesitations did not make good copy. As the global-warming signal continues to emerge, this soap opera is kept alive by a dwindling number of deniers constantly tapped for interviews by journalists who pretend to look for balance...
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View Article  Regulating Nanotechnology and Designing the NGOs of the Future (WC)
...If, in fact, full-blown nanotechnology erupts into our lives in 20 years, instead of 50, the results are likely to be as disruptive as the first century of the Industrial Revolution, but compressed into a much shorter time period. And, given that it might, it is the duty of those of us who would prefer an unimaginable future to an unthinkable one to take seriously the responsibility of handling nanotechnology carefully.

But it's also important to remember that we have a huge advantage that our ancestors lacked as they struggled with the first Industrial Revolution: we have a history of technology, and we understand that what technologies are adopted and how they are used is a matter of societal choice. We have the power to imagine, to anticipate and ultimately to steer the development of nanotechnology. ...
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View Article  Viridian Note 00487: We Are Winning, by Bruce Sterling
...Genuine climate mayhem is underway. It is intensifying fast. People are going to die: of heat, of disease, freezing, starving, drowning and dying of thirst. Not in mere tens of thousands as they did in the Paris heatwave, but in hecatombs. We have a global climate crisis. A real one, not a futurist speculation. People are going to make agonizing sacrifices in increasingly frantic efforts to ameliorate that and redress that crisis. Then, next year, they will discover that the situation is vastly worse than then imagined, and the spillage of blood and treasure and sacred honor that they thought would surely help is a fraction of what was necessary.

The climate crisis is in its Neville Chamberlain phase right now. People still imagine that a concern with the climate is trendy, and that a judicious head-nod here will mean peace in our time. Those people are not merely mistaken, they are delusionary. They are nodding in disdain at the basic laws of physics. The human race has spent two industrious centuries unearthing the planetary dead and setting them aflame in the sky. There is hell to pay for an affront like that, and it's all ahead of us in this century. We are in in 2007 and we are about seven percent of the way into very, very deep and very, very hot water.

Nevertheless, the frog will jump from that hot water. We are winning. ...
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View Article  Capitalism 3.0: Planning a Big Upgrade (WC)
...For those unfamiliar with the book, Barnes argues that there is private wealth and then there is common wealth—in the form of nature, structures supported by the community and society (such as parks, streets, capital markets, the internet), and cultural and intellectual wealth (the wealth of ideas). Private wealth, he argues, is produced partly by appropriating common wealth, and private profit often externalizes costs into the commons. And he proposes a solution. ...   more »
View Article  Ceres: Investors & Environmentalists for Sustainable Prosperity
Ceres (pronounced "series") is a national network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges such as global climate change.

Mission: Integrating sustainability into capital markets for the health of the planet and its people.

About Us: At its founding 17 years ago, Ceres introduced a bold new vision to the business world. That vision is of a world in which business and capital markets promote the well being of human society and the protection of the earth's biological systems and resources. Ceres advances its vision by bringing investors, environmental groups and other stakeholders together to compel companies and capital markets to incorporate environmental and social challenges into their day-to-day decision-making. By leveraging the collective power of investors and other key stakeholders, Ceres has achieved dramatic results, among those: ...
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View Article  Letter from Davos, Day 1 - A Tipping Point? (WorldChngking)
I’m a bit of an odd duck here, a public interest activist among the world’s most powerful business and political leaders. These are the people with the power to effect the critical changes needed to address climate change, the people whose hearts and minds I try to win over every day at Ceres. And now they’re all here in one place.

Immediately upon arriving at the World Economic Forum I find reason for optimism – climate change dominates the formal agenda and the hallway conversations. Did I make a wrong turn somewhere and walk into an international environmental conference?

At the first plenary session, the assembled masses, mostly captains of industry, are asked if they favor mandatory caps on greenhouse gas emissions and 71% are in favor. Am I dreaming? This could be a tipping point because one year ago this would have been unthinkable. ...
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View Article  Global Village: Institute for Appropriate Technology
The philosophy of the Institute is that emerging technologies that link the world together are not ethically neutral, but often have long-term implications for viability of natural systems, human rights and our common future.

Trees for Airmiles: Our 2007 Target: 20,000 trees in highly climate-affecting regions. — One tree removes 55 pounds of carbon each year, equal to 1100 miles of car travel or 5500 miles in a commercial airliner (assuming 2 passengers out of 200 on the flight). ...
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View Article  Jaron's World: "Why your next telephone may come mounted on a neck."
I've been thinking lately about two seemingly unrelated questions that have a hidden and, I suspect, significant connection:

1. Why do you have a neck?
2. Why hasn't videoconferencing ever caught on? ...

It might sound strange at first to design a communication device that bobs around just as our heads do when we talk and listen. But when nature settles on the same solution to a difficult problem more than once, as it did with vertebrates and cephalopods, it is worth paying attention. ...
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View Article  China Starts Thinking ‘Alternative Energy’
ON the vanguard of venture capital, the buzzwords of late have been “alternative energy” and “China.” Are the two worlds about to collide?

Seed investors are financing, or considering financing, start-ups in China that are developing equipment for wind and solar power, clean water and food alternatives and technology to promote energy efficiency.

While this may seem to be an arbitrary combination of two of the hottest trends in venture capital — sort of like the first person who mixed peanut butter and chocolate — there is a growing number of investors who believe that the potential reward in China is worth the tremendous risk. ...
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View Article  Rise in carbon levels fuels fears of runaway warming (Guardian/The Hindu)
Thanks to RY Deshpande for referring this new article from the Guardian, via The Hindu.

CARBON DIOXIDE is accumulating in the atmosphere much faster than scientists expected, raising fears that humankind may have less time to tackle climate change than previously thought. — New figures from dozens of measuring stations across the world reveal that concentrations of CO2, the main greenhouse gas, rose at record levels during 2006 — the fourth year in the last five to show a sharp increase.

At its most far-reaching, the finding could indicate that global temperatures are making forests, soils, and oceans less able to absorb CO2 — a shift that would make it harder to tackle global warming. ...
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View Article  Google plots e-books coup
GOOGLE and some of the world’s top publishers are working on plans that they hope could do for books what Apple’s iPod has done for music.

The internet search giant is working on a system that would allow readers to download entire books to their computers in a format that they could read on screen or on mobile devices such as a Blackberry. — With 380m people using Google each month, the move would give a significant boost to the development of e-books and have a big impact on the publishing industry and book retailers. ...
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View Article  Environmental governance (The Hindu)
Another interesting article from 'The Hindu,' courtesy of RY Deshpande.

Robert Angus Smith, a Scottish chemist coined the term "acid rain" as far back as 1870 to describe the quality of the rain which was affected by sulphur dioxide (SO2) released from coal burnt in factories. Yet it has taken more than a century for countries to grapple with the effects of gaseous emissions. After years of denial by the Thatcher Government in the U.K. and the Reagan administration in the U.S., both these countries as well as most countries of Europe (including the East Block) and Canada made a concerted effort by 1993 to roll back SO2 emissions by as much as 30 per cent compared to the 1980 baseline. Their record on oxides of nitrogen (NOx) is not so dramatic, since vehicles, which are a major source of NOx, are constantly increasing. Western Europe and U.S. have stabilised NOx emissions, while Russia and Eastern Europe have been less successful. ...   more »
View Article  The Next New World: an Introduction to Contextual Division (Philica via koantum)
The following is a shortened version by Ulrich of a long 4-part article originally written by Christopher Holvenstot and posted on Philica. It introduces a new way of thinking about our occurring world. ~ ron

...With even the slightest and flimsiest of footholds in this next new realm one can turn back to view the familiar biospecific realm entire. One can’t help but admire the queer and abstract nature of our provincial, biospecific reality. It is a unique and bizarre creation entirely determined by conscious processes and the imperatives of a biological format. Its logic, despite all, holds together with such tenacity and vigor. We will forever be physically, emotionally and psychologically tethered to the biospecific realm. However, viewing its logic and construction from the remote exterior perspective of the extracontextual allows us to use the same conceptual technology and methodology to construct additional extracontextual realms…

We have, throughout our biological evolution, been unwitting co-creators of our world and experience. This co-creation can now be done with a newly realized conscious intention, utilizing a potentially unlimited supply of creative approaches in the exploration, interpretation and re-creation of our condition. ...
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View Article  Welcome to world peace (Christian Science Monitor)
World peace was not supposed to look like this. It was supposed to be more - well, more peaceful. But a remarkable global phenomenon is being obscured by headlines about bombs and conflict in the Middle East. The ancient scourge of war has disappeared, at least in the sense of one government's army doing battle with another. — Last week marked 1,000 consecutive days with no wars between nations anywhere in the world, since the night in November 2003 when India and Pakistan instituted a cease-fire. This is the longest episode of interstate peace in more than half a century.

Other sorts of conflicts still rage around the world, but these are not wars of government against government. In this summer's bloodletting in Israel and Lebanon, for example, the Lebanese government took no military action to defend its territory, even as some of its bases came under fire. In Iraq, no government in the world has sent troops to support the insurgency. The interstate phase of the war for Iraq ended more than three years ago, when the United States and its allies removed Saddam Hussein's government. Despite the brutality in Darfur and elsewhere, even civil wars have become rarer. After rising steadily for half a century, the number of civil conflicts dropped by a third or more in the late 1990s. The world is far more peaceful than a dozen years ago, when slaughters in Rwanda and the Balkans led to gloomy predictions of rampant civil war. ...
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View Article  Stephen Hawking warns re "catastrophic dangers of climate change"
Professor Hawking said that we stand on the precipice of a second nuclear age and a period of exceptional climate change, both of which could destroy the planet as we know it...

"As we stand at the brink of a second nuclear age and a period of unprecedented climate change, scientists have a special responsibility, once again, to inform the public and to advise leaders about the perils that humanity faces," Professor Hawking said. "As scientists, we understand the dangers of nuclear weapons and their devastating effects, and we are learning how human activities and technologies are affecting climate systems in ways that may forever change life on Earth. ...
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View Article  The End Is Nearer, Say Atomic Scientists
The Bulletin of the Atomic Scientists, which 60 years ago began keeping tabs on humanity’s temporal distance from self-annihilation with the concept of a “Doomsday Clock,” apparently found things sufficiently dire to nudge the minute hand forward two clicks, indicating that we are now “five minutes to midnight” — or Doomsday.

The clock had last been adjusted in 2002, when it was moved from 9 minutes off to 7 minutes. The current position is the closest the group has put the planet to Doomsday since 1953, when the Soviets and the United States were first playing with their newfangled thermonuclear weaponry, and things looked mighty bleak indeed. ...
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View Article  'Waterworld China' wins top prize in international design competition
Atkin's Architecture Group recently won the first prize award for an international design competition with this stunning entry. Set in a spectacular water filled quarry in Songjiang, China, the 400 bed resort hotel is uniquely constructed within the natural elements of the quarry. Underwater public areas and guest rooms add to the uniqueness, but the resort also boasts cafes, restaurants and sporting facilities.

The lowest level runs with the aquatic theme by housing a luxurious swimming pool and an extreme sports center for activities such as rock climbing and bungee jumping which will be cantilevered over the quarry and accessed by special lifts from the water. With a stunning visual presentation as shown here, it's no wonder this project took home the first prize. This is a fine example of an ultra modern facility co-existing amongst its natural environment. ...
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View Article  Second Life: The world's largest 3-D virtual world
Second Life is a 3-D virtual world entirely built and owned by its residents. Since opening to the public in 2003, it has grown explosively and today is inhabited by a total of 2,635,859 people from around the globe.

From the moment you enter the World you'll discover a vast digital continent, teeming with people, entertainment, experiences and opportunity. Once you've explored a bit, perhaps you'll find a perfect parcel of land to build your house or business. — You'll also be surrounded by the Creations of your fellow residents. Because residents retain the rights to their digital creations, they can buy, sell and trade with other residents. ...
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View Article  Jaron's World: Morphing Messages
This is a followup on an earlier SCIY article about Jaron Lanier's work.

Was I serious when I suggested that people might someday become more like cephalopods (see Jaron's World, April 2006)? At the time I was thinking about the way some cephalopods, such as the mimic octopus, can appear to morph into different objects. I wondered whether people using computers could someday pull off the same trick (within virtual reality, presumably) and how that ability might expand the range of human expression. My guess is that being able to turn into whatever comes into your mind—or, more profoundly, to simulate a concept or way of being instead of just talking about it—will lead to a new kind of expression, which I call postsymbolic communication.

This may sound wildly speculative, but yes, I really was serious. In fact, I believe we are seeing early signs of the cephalopodization of our species right now. One arena in which the transformation is beginning is in massive online virtual worlds. Second Life is probably the best example. I serve as a technical advisor to Linden Lab, the company that administers Second Life, but really, most of what I have done is watch in delight and amazement as thousands of creative individuals have signed up, logged in, and built an entire virtual planet. ...
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View Article  "Response to my critics," by Meera Nanda
"Prophets Facing Backward," my book under discussion here, claims that the cluster of social constructivist, feminist and postcolonial theories that deny any cognitive distinctions between warranted knowledge and collectively accepted beliefs ... have provided philosophical justifications for [a] kind of populist interpretive flexibility ...

Set against the backdrop of the rise of Hindu nationalism in India, the book argues that the relentless debunking the very idea of universally valid, bias-free facts has received in the hands of its many academic critics, has added to a culture of doublethink where truth has becomes infinitely malleable, open to all kinds of nativist, pseudo-scientific and faith-based interpretations.

Intellectuals, whose job it is to challenge such mystifications, I argue, have betrayed their calling by condemning the very possibility of impartial and universally valid truth that can cut through cultural and national boundaries. This betrayal has made it easier for the religious right to present itself as the defender of the tradition, dressed up as “alternative science”, which it claims has been unfairly rejected and willfully suppressed by the secular elite. The logic of deconstruction of modern science simultaneously provides the logic for the construction of “sacred sciences” by the resurgent religious-political movements that have sprung up among the Hindus, Christian and Muslims alike.

It is indeed high time for science studies to get engaged in the thorny issues raised by the attempt of religious extremists to take on the prestige of science for their objectively false and outdated cosmologies. It is gratifying to note that the debate I began in the "Prophets" has now been joined. My colleagues from science studies and postcolonial studies have done me the honor of critically engaging with the concerns I have raised regarding the political dangers of epistemic multiculturalism in this age of religious fundamentalisms. In this essay, I will respond at length to the issues my critics have raised in their readings of the "Prophets." ...
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View Article  "Prophets Facing Backward," by Meera Nanda
The leading voices in science studies have argued that modern science reflects dominant social interests of Western society. Following this logic, postmodern scholars have urged postcolonial societies to develop their own "alternative sciences" as a step towards "mental decolonization". These ideas have found a warm welcome among Hindu nationalists who came to power in India in the early 1990s. In this passionate and highly original study, Indian-born author Meera Nanda reveals how these well-meaning but ultimately misguided ideas are enabling Hindu ideologues to propagate religious myths in the guise of science and secularism.

At the heart of Hindu supremacist ideology, Nanda argues, lies a postmodernist assumption: that each society has its own norms of reasonableness, logic, rules of evidence, and conception of truth, and that there is no non-arbitrary, culture-independent way to choose among these alternatives. What is being celebrated as "difference" by postmodernists, however, has more often than not been the source of mental bondage and authoritarianism in non-Western cultures. The "Vedic sciences" currently endorsed in Indian schools, colleges, and the mass media promotes the same elements of orthodox Hinduism that have for centuries deprived the vast majority of Indian people of their full humanity.

By denouncing science and secularization, the left was unwittingly contributing to what Nanda calls "reactionary modernism." ...
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View Article  Towards a Transformative Hermeneutics of Quantum Gravity
... Finally, the content of any science is profoundly constrained by the language within which its discourses are formulated; and mainstream Western physical science has, since Galileo, been formulated in the language of mathematics. But whose mathematics? The question is a fundamental one, for, as Aronowitz has observed, ``neither logic nor mathematics escapes the `contamination' of the social.'' And as feminist thinkers have repeatedly pointed out, in the present culture this contamination is overwhelmingly capitalist, patriarchal and militaristic:...

Thus, a liberatory science cannot be complete without a profound revision of the canon of mathematics. As yet no such emancipatory mathematics exists, and we can only speculate upon its eventual content. We can see hints of it in the multidimensional and nonlinear logic of fuzzy systems theory; but this approach is still heavily marked by its origins in the crisis of late-capitalist production relations. Catastrophe theory, with its dialectical emphases on smoothness/discontinuity and metamorphosis/unfolding, will indubitably play a major role in the future mathematics; but much theoretical work remains to be done before this approach can become a concrete tool of progressive political praxis. Finally, chaos theory -- which provides our deepest insights into the ubiquitous yet mysterious phenomenon of nonlinearity -- will be central to all future mathematics. And yet, these images of the future mathematics must remain but the haziest glimmer: for, alongside these three young branches in the tree of science, there will arise new trunks and branches -- entire new theoretical frameworks -- of which we, with our present ideological blinders, cannot yet even conceive. ...
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View Article  The Omega Point and the Final Fate of Life
How long can life survive in the universe? Can it evolve forever, or will the third law of Thermodynamics lead to universal heat death? Apparently there might be some ways around this fate, if intelligent life is sufficiently clever and tenacious.

Essentially life has to adapt as the universe grows older, changing itself to be able to survive when the stars grow cold. If the universe is open, there will be plenty of time to work in, but energy will become very scarce. Dyson has shown that a finite amount of energy is enough to guarantee infinite survival if it is spent sufficiently slowly (this is called the Dyson scenario).

On the other hand, if the universe is closed, it will recollapse into a Big Crunch after a finite time, becoming hotter and hotter. Life has to adapt and restructure itself to these conditions, and if intelligent beings accelerate the speed of their mental processes accordingly they can even experience a subjective infinite time during the last stages of the collapse (this is called the Tipler scenario).

A third possibility is that the universe may be open or closed, but new baby universes branch off due to natural or artificial causes, and intelligent life can survive indefinitely by migrating into new domains as the old become uninhabitable. This is commonly called the Linde scenario. ...
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View Article  One Laptop Per Child (OLPC) to deliver first 5 million units this year
The One Laptop Per Child (OLPC) Initiative unveiled its final industrial prototype of the XO - a laptop computer with a toylike look. But to say it's a toy is misleading. The device is intended to bring the most isolated tribal village into the Information Age, with the ultimate goal of offering one to every child on the planet. [Except for India, whose education bureaucracy vetoed OLPC participation last year.]

By keeping the price low, the OLPC initiative hopes that governments in the developing world will be able to afford them. Already, Argentina, Brazil, Libya, Nigeria, Pakistan, Thailand, Uruguay, and, most recently, Rwanda have committed to participate in the program. Rwanda hopes to have laptops for all of its schoolchildren within five years. ...
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View Article  Prof. Suarez-Villa’s website on the rise of technocapitalism
Thanks to RY Deshpande for the reference to Prof. Suarez-Villa’s website on the rise of technocapitalism:

Technocapitalism is a new form of market capitalism that is rooted in technological invention and innovation. It can be considered an emerging era, now in its early stage, that is supported by such intangibles as creativity and knowledge.

Intangibles are at the core of technocapitalism. Creativity and knowledge are to technocapitalism what tangible raw materials, factory labor and capital were to industrial capitalism. During industrial capitalism, tangible resources acquired the greatest value, as factory production, repetitive labor and massive output ruled the day. In the emerging technocapitalist era, however, those material resources are becoming secondary in importance.

Intangibles are therefore vital for technocapitalism. Creativity and knowledge are the most valuable resources of this emerging new era. They, for example, already account for as much as three-quarters of the value of most products and services in existence, and that proportion is bound to increase over time. In contrast, the material resources that were most valuable for industrial capitalism are losing value relative to those intangibles in most every product or service.

New economic activities are emerging that are representative of technocapitalism. Biotechnology, nanotechnology, bioinformatics, software design, genomics, molecular computing and biorobotics, for example, are likely to be hallmarks of the twenty-first century, as electronics and aerospace were in the twentieth. This new ecology of activities and sectors is more reliant on creativity and knowledge than any of the old industries of industrial capitalism. ...
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