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:
- How is — or should — the American Bar Association respond?
- Law schools?
- Lawyers?
- Legislatures?
- Judges?
- Politicians and others?
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
The 35 Best Apple and Google Apps of 2021 — from wonderoftech.com by Carolyn Nicander Mohr
Excerpt:
As 2021 draws to a close, Apple and Google have been busy creating their lists of the best apps of the year. These lists may include apps you already have or are familiar with. You may also discover your new favorite must-have app you’ll be eager to share with your friends.
Will Microcredentials be the Rx Needed to Fix Our Ailing Degree Systems? — from evolllution.com by David Leaser | Senior Program Executive of Innovation and Growth Initiatives, IBM
Amidst the dramatic social and economic upheaval caused by the pandemic, microcredentials are presenting themselves as the viable solution to getting learners prepared quickly and effectively for desperately needed jobs.
Excerpts:
Pace of Change Accelerates Beyond Our Wildest Imagination
But the world of work is changing at a pace that traditional education systems cannot match. Cloud computing, big data and AI technologies are replaced or improved monthly—and often faster than that.
…
The U.S. college system is organized around an all-or-none framework: You only get a credential after completing the entire learning path. But when a large number of students cannot commit to a long-term commitment (the situation we have faced for decades), shouldn’t we break the learning down into credentials along the way?
…
The MicroBachelors: A Major Win for Credential As You Go
Today, most microcredentials provide the opposite of college degrees: high skill-signal strength but low social-signal strength.
…
MicroBachelors programs are a series of college classes that have been customized and grouped together to meet employers’ real-world needs. The programs typically take two to four months to complete and provide credentials and college credits.
Nvidia’s New Supercomputer Will Create a ‘Digital Twin’ of Earth to Fight Climate Change — from singularityhub.com by Vanessa Bates Ramirez
Excerpt:
But according to Nvidia, to really know where and how to take action on climate change, we need more data, better modeling, and faster computers. That’s why the company is building what it calls “the world’s most powerful AI supercomputer dedicated to predicting climate change.”
The system will be called Earth-2 and will be built using Nvidia’s Omniverse, a multi-GPU development platform for 3D simulation based on Pixar’s Universal Scene Description. In a blog post announcing Earth-2 late last week, Nvidia’s founder and CEO Jensen Huang described his vision for the system as a “digital twin” of Earth.
Also see Matthew Ball’s Metaverse Primer (excerpt below from this page) — with thanks to Annie Zhang for this resource:
“The Metaverse is a massively scaled and interoperable network of real-time rendered 3D virtual worlds which can be experienced synchronously and persistently by an effectively unlimited number of users with an individual sense of presence, and with continuity of data, such as identity, history, entitlements, objects, communications, and payments.”
Jacob Navok: Computing and Network Needs of the Metaverse — from hellometaverse.fm by Annie Zhang
Excerpt:
to progress towards this vision of the metaverse, jacob is focused on tackling the hard problem of improving concurrency. how do you get millions of people to concurrently be participating and interacting in one live experience with no lag?
he breaks this down the problem into two components:
-
limitations of the traditional network to handle multiplayer experiences: coordinating, say, positional data of where you and all the other players in a game, gets very complicated, especially when latency needs to be low. meaning, if you want to see everything that everyone is doing at all times, coordinating the traffic of that data is very difficult
-
with more connection, internet speed slows: the internet was not built for true real time communication, but rather optimized for cost and routing efficiency. when you load a fb page, it’s okay if it takes 10 milliseconds, but when you are in a shooting game, a delay of 10 milliseconds is a matter of life or death
Everything You Need To Know About The Metaverse — from protocol.com by Janko Roettgers
Excerpt:
Silicon Valley has a new favorite buzzword: Ever since Mark Zuckerberg announced earlier this year that Facebook’s future would be in the metaverse, everyone has been rushing to figure out what a metaverse even is. And when Facebook rebranded as Meta in October, metaverse fever swept the tech industry. From Microsoft to Nvidia, every company is suddenly in the metaverse business, and seemingly overnight, countless people became metaverse experts.
But what actually is the metaverse? Why does it matter, and who needs to worry about it? If the metaverse is truly “the next chapter for the internet,” as Zuckerberg put it, it’s important to understand and define it so as not to be caught flat-footed when (or if) the metaverse wave catches on.












