NFTs, DeFi & Metaverse To Rule Crypto Space In 2022 — from 101blockchains.com by Georgia Weston

Excerpt:

The year 2021 has been an exceptional milestone in the world of cryptocurrencies for various reasons. In 2021, the crypto market hit the $3 trillion dollar market cap while China imposed a complete ban on crypto trading and mining. In a dramatic year for cryptocurrencies, new trends such as non-fungible tokens, decentralized finance (DeFi), and the metaverse emerged as prominent highlights in the crypto space.

The discussions around NFTs, DeFi, and the ever-growing hype surrounding the web 3.0 and metaverse have been making the rounds of online communities. How would these technologies evolve in 2022? What will be the state of NFT in 2022? What will DeFi or the metaverse look like in 2022? How will they influence the larger picture of the crypto industry? Let us discover the answers to your questions by reflecting the prominent trends for NFTs, DeFi, and the metaverse in 2022 in the following discussion.

From DSC:
Perhaps these topics could also be addressed in that discussion I was wondering about for Economics classes.

 

From DSC:
I post the following item because I’ve often wondered how law schools should best handle/address the area of emerging technologies. It’s not just newly-minted lawyers that need to be aware of these technologies’ potential pros and cons — and the developing laws around them. It’s also judges, legislators, politicians, C-Suites, and others who need to keep a pulse check on these things.

Hermès Sues NFT Creator Over ‘MetaBirkin’ Sales — from by Robert Williams
The French leather goods giant alleges trademark infringement and dilutive use of its iconic Birkin name.

Excerpt (emphasis DSC):

The complaint, which was first reported on The Fashion Law, raises questions about how trademark protections for real-world items will be enforced in the digital realm as commercial activity heats up in the metaverse. Brands including Balenciaga and Nike are experimenting with virtual fashion. Non-fungible tokens, or NFTs (unique digital assets authenticated using blockchain technology), depicting fashion items have sold for millions in recent months.

 

Exemplar of successful implementation of tech in schools — from donaldclarkplanb.blogspot.com by Donald Clark

Excerpts:

It was impressive to find a school network that took technology as seriously as Curro, in South Africa. They had invited me to give a keynote on AI for Learning, based on my book and experience but I hung around as the teacher sessions were so damn good. This is what I learnt, as I think it is a recipe for success.

This was the big surprise. There were glowing testimonials from teachers about the power of adaptive learning, using AI, to personalise learning for students. It was described as a ‘gamechanger’ by the teacher who presented, with clear targeting, so that efficient and relevant, individual interventions could be made for students. It was clear that they knew why they wanted this technology, had implemented it well and were using teacher feedback to spread the word internally.

I was giving a talk as part of that process. The day’s activities were under the banner of ‘Imagining 2022’. It’s hard enough to Imagine what any year will bring these days but it was clear that this was a learning organisation, willing to learn from their mistakes and make the effort to plan forward.

Also see:

 

Feds’ spending on facial recognition tech expands, despite privacy concerns — from by Tonya Riley

Excerpt:

The FBI on Dec. 30 signed a deal with Clearview AI for an $18,000 subscription license to the company’s facial recognition technology. While the value of the contract might seem just a drop in the bucket for the agency’s nearly $10 billion budget, the contract was significant in that it cemented the agency’s relationship with the controversial firm. The FBI previously acknowledged using Clearview AI to the Government Accountability Office but did not specify if it had a contract with the company.

From DSC:
What?!? Isn’t this yet another foot in the door for Clearview AI and the like? Is this the kind of world that we want to create for our kids?! Will our kids have any privacy whatsoever? I feel so powerless to effect change here. This technology, like other techs, will have a life of its own. Don’t think it will stop at finding criminals. 

AI being used in the hit series called Person of Interest

This is a snapshot from the series entitled, “Person of Interest.
Will this show prove to be right on the mark?

Addendum on 1/18/22:
As an example, check out this article:

Tencent is set to ramp up facial recognition on Chinese children who log into its gaming platform. The increased surveillance comes as the tech giant caps how long kids spend gaming on its platform. In August 2021, China imposed strict limits on how much time children could spend gaming online.

 

Addendum on 1/17/22:

  • Fortnite Is Back On Apple iOS, for Some Users — from threstreet.com by Tony Owusu
    Beta testers for Fortnite on streaming cloud gaming service GeForce Now will have access to the third-person shooter through Apple’s Safari web browser.
 
 

What’s ahead for AI, VR, NFTs, and more? — from oreilly.com by Mike Loukides
Here are some predictions for tech in 2022.

Excerpt:

Just as we saw new professions and job classifications when the web appeared in the ’90s, we’ll see new professions and services appear as a result of AI—specifically, as a result of natural language processing. We don’t yet know what these new professions will look like or what new skills they’ll require. But they’ll almost certainly involve collaboration between humans and intelligent machines.

Also see:

  • How A.I. is set to evolve in 2022 — from cnbc.com by Sam Shead
    Key Points: 
    * AI can excel at specific narrow tasks such as playing chess but it struggles to do more than one thing well.
    * While AI still has a long way to go before anything like human-level intelligence is achieved, it hasn’t stopped the likes of Google, Facebook and Amazon investing billions of dollars.
 

A Move for ‘Algorithmic Reparation’ Calls for Racial Justice in AI — from wired.com by Khari Johnson
Researchers are encouraging those who work in AI to explicitly consider racism, gender, and other structural inequalities.

Excerpt:

FORMS OF AUTOMATION such as artificial intelligence increasingly inform decisions about who gets hired, is arrested, or receives health care. Examples from around the world articulate that the technology can be used to exclude, control, or oppress people and reinforce historic systems of inequality that predate AI.

“Algorithms are animated by data, data comes from people, people make up society, and society is unequal,” the paper reads. “Algorithms thus arc towards existing patterns of power and privilege, marginalization, and disadvantage.

 

Resource via @ernperez
at this article/page.

From DSC:

Cloud-based learner profiles are a likely element of our future learning ecosystems

 

14 Predictions for Higher Education in 2022 [Schaffhauser]

14 Predictions for Higher Education in 2022

14 Predictions for Higher Education in 2022 — from campustechnology.com by Dian Schaffhauser

Excerpt:

Ask people working in higher education what they expect will happen in the new year, and the outlook is filled with visions that build on what we’ve been experiencing on college and university campuses for the last two years: a major focus on learning formats; continued exploitation of new technology; and the use of new digital models that move users “beyond Zoom.” Here we present the collective predictions of 14 IT leaders, instructional folks and a student about what they anticipate seeing in 2022. As one put it, “Let’s go, 2022! We have work to do!”

From DSC:
I’d like to thank Dian Schaffhauser, Rhea Kelly, and Mary Grush for letting me contribute some thoughts to the various conversations that Campus Technology Magazine hosts and/or initiates. I inserted some reflections into the above article and I hope that you’ll take a moment to read my and others’ thoughts out there.

 

The biggest tech trends of 2022, according to over 40 experts — from fastcompany.com by Mark Sullivan
Startup founders, Big Tech execs, VCs, and tech scholars offer their predictions on how Web3, the metaverse, and other emerging ideas will shape the next year.

We asked startup founders, Big Tech execs, VCs, scholars, and other experts to speculate on the coming year within their field of interest. Altogether, we collected more than 40 predictions about 2022. Together, they offer a smart composite look at the things we’re likely to be talking about by this time next year.

 

Also see:

 
 

From DSC:
As with many emerging technologies, there appear to be some significant pros and cons re: the use of NFTs (Non-Fungible Tokens)

The question I wonder about is: How can the legal realm help address the massive impacts of the exponential pace of technological change in our society these days? For examples:

Technicians, network engineers, data center specialists, computer scientists, and others also need to be asking themselves how they can help out in these areas as well.

Emphasis below is mine.


NFTs Are Hot. So Is Their Effect on the Earth’s Climate — from wired.com by Gregory Barber
The sale of a piece of crypto art consumed as much energy as the studio uses in two years. Now the artist is campaigning to reduce the medium’s carbon emissions.

Excerpt:

The works were placed for auction on a website called Nifty Gateway, where they sold out in 10 seconds for thousands of dollars. The sale also consumed 8.7 megawatt-hours of energy, as he later learned from a website called Cryptoart.WTF.

NFTs And Their Role In The “Metaverse” — from 101blockchains.com by Georgia Weston

Many people would perceive NFTs as mere images of digital artworks or collectibles which they can sell for massive prices. However, the frenzy surrounding digital art in present times has pointed out many new possibilities with NFTs. For example, the NFT metaverse connection undoubtedly presents a promising use case for NFTs. The road for the future of NFTs brings many new opportunities for investors, enterprises, and hobbyists, which can shape up NFT usage and adoption in the long term. 

NFTs or non-fungible tokens are a new class of digital assets, which are unique, indivisible, and immutable. They help in representing the ownership of digital and physical assets on the blockchain. Starting from digital artwork to the gaming industry, NFTs are making a huge impact everywhere.

The decentralized nature of the blockchain offers the prospects for unlimited business opportunities and social interaction. Metaverse offers extremely versatile, scalable, and interoperable digital environments. Most important of all, the metaverse blends innovative technologies with models of interaction between participants from individual and enterprise perspectives. 

From DSC:
How might the developments occurring with NFTs and the Metaverse impact a next-gen learning platform?

—–

Artist shuts down because people keep their work to make NFTs — from futurism.com by Victor Tangermann
NFT theft is a huge problem

Someone is selling NFTs of Olive Garden locations that they do not own — from futurism.com by
And you can mint a breadstick NFT — for free, of course

 

Autonomous Weapons Are Here, but the World Isn’t Ready for Them — from wired.com by Will Knight
A UN report says a drone, operating without human control, attacked people in Libya. International efforts to restrict such weapons have so far failed.

This may be remembered as the year when the world learned that lethal autonomous weapons had moved from a futuristic worry to a battlefield reality. It’s also the year when policymakers failed to agree on what to do about it.

On Friday, 120 countries participating in the United Nations’ Convention on Certain Conventional Weapons could not agree on whether to limit the development or use of lethal autonomous weapons. Instead, they pledged to continue and “intensify” discussions.

 

 
© 2021 | Daniel Christian