steve jobs resigns: Temmuz 2012

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You read that right! Mountain Lion, Apple's newest desktop OS has been announced. There is also a Developer Preview available to Apple Developers. So what is new in this Operating System? Well here is a brief overview:

"Messages replaces the old iChat app and will enable Mac users to send text and multimedia messages to other Mac users as well as to people with iPhones, iPads and the iPod Touch. The messaging system uses Web data rather than text messages from a phone plan and expands the free messaging service in a way that will contribute to the growing alternatives to text messaging plans offered by telecommunications companies."The new Messages app, which is available to Lion users today as a beta download, will support online chat services such as AOL Instant Messenger, Jabber, Yahoo Messenger and Google Talk, just as iChat does.Reminders and Notes use iCloud to sync across Macs and iOS devices to track to-do lists and notes taken in the apps, and in Mountain Lion they look and work the same as they do on iPhones and iPads.Game Center, too, works exactly the same way on a Mac as it does on iOS devices, enabling users to see what games their friends are playing on Apple gadgets and to play some multiplayer games on a Mac with friends who are playing on an iPad, iPhone or iPod Touch.

Notification Center maintains the style of its iOS counterpart, but the OS X version is built for a desktop screen, with notification pop-ups appearing in the top right corner of a user's screen when an alert comes from apps such as Mail, Calendar, Messages, Reminders and third-party apps that tap into Apple's developer API. A new two-finger swipe from right to left across a Mac trackpad reveals a list of unseen notifications. To take the Notification Center off the screen, a users need to perform two-finger swipe from left to right on a trackpad or click on any of the notifications, which will take them to the corresponding app.Apple has taken the Twitter integration found in iOS into OS X, with the ability to share to Twitter from Safari, Quick Look, Photo Booth, Preview and third-party apps that take advantage of the feature in Apple's API. Videos can also be shared in OS X Lion from QuickTime to Facebook, YouTube and Vimeo.One of the more useful additions to Mountain Lion is AirPlay Mirroring, which, just as an iPad can do, can "wirelessly send a secure 720p video stream of what's on your Mac to an HDTV using Apple TV." Apple TV is Apple's $99 set-top box that streams video from Netflix, YouTube, Vimeo and iTunes to television sets.On the security side, Mountain Lion is adding a new feature called Gatekeeper, which enables users to define what apps can and cannot run on their computers based on where they purchased from or who built them." (Excerpt from LA Times)
So do you think that this will be a worthy upgrade? Tell me in the comments below!

GRPN - 051412

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Very insightful comments over the past few days - a lot of good trades and analysis, so check them out.

Here is a trade from Brian:

"Started the week out with a nice trade. GRPN, 15-minute chart, Fibonacci lines over the opening range. Price pulled back to the 61.8% line which was a little deep, but it recovered and I entered on a break of the 14th bar when it crossed back above the 38.2% line. It had support from the 5 and 8EMAs, and I rode it to $12 where it stalled out."

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Facebook sets IPO price at $38 a share

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Any bets on what it will open at, or the high of the first 30 minutes of trading? Closest answer gets the satisfaction of being the closest answer! Read the article here.

There have been a lot of good trades and discussion in the "comments" of the last few posts - I have not had time to cull through them and post charts, but I'll try to get a few up tomorrow or Saturday.

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Looking at Facebook

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Since there is a lot of talk in comments about FB, I thought it would be interesting to look at the action of the first 8 days.

If you plot Fibonacci lines over the first and second day, you can see that - after the short-lived bounce on day 2 - price gapped down below the low and then tested that low as resistance multiple times over days 3-6. It then started a three day move down that culminated with price nailing the Fibonacci extension and breaking below it late today.

I offer no predictions, but it seems to be at a decisive point here. It can either form a "Beyond the Fibonacci extension" setup and move down to the $24-$25 range, or it can retake the 100EMA with the potential to make it back to the retracement zone.

Tomorrow will be interesting to watch. All in all, I'm glad I avoided the Facebook hype!

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Facebook, summer vacation, and tad

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It looks like my downside Facebook target is getting closer - just a dollar shy at today's low!

As June arrives, I am going to take some time off to travel, enjoy the sun, and take care of some family matters. I'll be back later this summer, so check back or subscribe to the feed (top of the page "Subscribe to the Trader-X blog") to be notified when posting resumes.

Finally, I've been telling my readers about "The T.A.D. Principle" for years (see my post in 2006) , and I just finished reading the new version they released (you can get through it in about an hour). It is on a completely different level from the previous edition, and represents more of an exploration of the things we do that make us unhappy, and what we need to do to find happiness in ourselves as opposed to looking for it externally. If you purchased in the past, you get this new version free. If you have never explored "tad", I highly recommend you do - it could have a big impact on your outlook and your life, and it is well worth the effort.

tad - happiness revealed: insights on thoughts, actions, and destiny

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8 Temmuz 2012 Pazar

SP 500 and NDX Futures Daily Charts - the Muppets Are Restless

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Non-Farm Payrolls Report tomorrow. My forecast is that whatever the monthly number might be, high or low, it will be much ado about nothing. What is important is the trend, the quality of jobs, and median wages paid.

The people, primarily of Europe and the UK, are perturbed over the LIBOR scandal and its implications.

Americans for the most part, with a few significant exceptions, toddle on in blissful ignorance, although they have a sneaking suspicion that 'something is not right' and are feeling restless, ripe targets for demagoguery.

Volume on the exchanges are very thin, not unusual for a summer holiday week. And as Joe Saluzzi observes below, much of that volume is phony activity generated by the parasites of the HFT world.

The financial world is sick, in critical condition, infested with fees and frauds and cons. And no one is even sending flowers, so great is the denial.

Is this how it ends, not with a bang but a whimper? That is how the Soviet Union fell.

Gold Daily and Silver Weekly Charts - Metals Rigging Worse Than LIBOR

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“Sometimes people hold a core belief that is very strong. When they are presented with evidence that works against that belief, the new evidence cannot be accepted.

It would create a feeling that is extremely uncomfortable, called cognitive dissonance. And because it is so important to protect the core belief, they will rationalize, ignore and even deny anything that doesn't fit in with the core belief.”

Frantz Fanon

"Or one may say that there were no real human villains; that given the economic and political cues, actors would have been in the wings to come on and play the parts which circumstances dictated.

Certainly there were many others as reprehensible and irresponsible as those who played the leading roles. The German people were the victims. The battle, as one who survived it explained, left them dazed and inflation-shocked.

They did not understand how it had happened to them, and who the foe was who had defeated them."

Adam Fergusson, When Money Dies: The Nightmare of the Weimar Collapse

The loss of confidence in their money, their fiat currency, which to some people becomes the touchstone for all value in their life, is almost too difficult to adequately describe, and for most people too awful, unthinkable, to fully understand.

And yet it happens. I have seen it happen first hand in Russia. It is happening now again in Europe and elsewhere. And it will bring a sea change, and an anger and despair that is hard to imagine in advance in its enormity.

The work of one's life can be stolen in an instant by the modern money masters and their criminal accomplices, with a few touches on the keyboard and a newswire release. If you do not believe it is possible, have a discussion some time with one of the account holders at MF Global, or the holders of a tech stock post bubble.

This is the pernicious nature of a fraud, because it robs not only the confidence in the peculiar aspects of the con itself, but undermines the very confidence that allows the commerce of society among people to continue.

All the transactions of life are based on some level of confidence in the honesty of measures and the integrity of contracts and product representations.

And if that trust is sufficiently undermined, shaken to its foundations, the people will at first freeze up in fear and stop buying and selling, and then eventually rise up in anger looking for redress and justice, if they are still free to think and to act.
And there are those that would welcome that crisis, and attempt to use it for their own ends. Anarchists. Demagogues. Oligarchs. They would subvert the Constitution and the rule of law, and create a new way for themselves and their adherents, a grab for resources and power, thereby subjugating the common people, whom they secretly despise, to their will to power.

Intraday commentary here.

Brown's Bottom: Why Gordon Brown Sold England's Gold On the Cheap To Bail Out the Banks

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Although this is nothing new, as I and several others have reported this several times in the past, with a very nice documentary on it having been done by Max Keiser, this is still a very important article for two reasons.

First, it lays out rather nicely the gold panic of 1999 and Brown's Bottom, which is the low in the price of gold achieved by the dumping of 400 tons of gold into the world market at an artificially low price by the British government.

This was done apparently to bail out a bullion bank or two who were enormously and irretrievably caught short of gold by the carry trade.

Second, it provides a good description of the gold carry trade. When gold is leased out by a central bank, the bullion bank takes possession of it and sells it into the market, and invests the proceeds. At the end of the lease period, the bullion bank buys the gold bank in the open market and returns it to the central bank.

Although the gold likely never changes physical location in this process, the claim or title to the gold does change hands, although that change in claim may not be adequately reflected in the public records.

Although the author does not mention it here, there is some thought that the 'sale' of the central bank gold at private auction is in reality a paper transaction between the central bank and the bullion banks who are short leased gold from the bank, and are unable to return it without causing a price disruption in the world market.

This is something which could be easily cleared up with the kind of disclosure one might think is owed the people when their national heritage items are sold away by the government.

And again, although it is not mentioned in the article, Britain's gold depletion to save the private banks is infamous only because of the clumsy manner in which it was conducted. It is thought that several other European central banks have gold listed on their books which they no longer have, because of this pernicious habit of lending out the gold on the cheap to the banks, only to have it sold off in the market, never to return, leaving only a stack of paper promises.

And finally, the most intractable problem which the bullion banks face today is that no central bank has a stockpile of silver left with which to bail them out. So they are caught playing a shell game, robbing Peter to pay Paul, and living in dread of the day of reckoning when their schemes will be exposed, and the markets will go into default on their naked short positions.

Telegraph UK
Revealed: why Gordon Brown sold Britain's gold at a knock-down price
By Thomas Pascoe
5 July 2012

A great deal of Gordon Brown’s economic strategy would strike a sane man as troubling. Not a great deal was mysterious. The orgy of consumption spending, frequent extensions of the cycle over which he would “borrow to invest”, proclamations of the “end of boom and bust”: these are part of the armoury of modern politicians, of all political hues.

One decision stands out as downright bizarre, however: the sale of the majority of Britain’s gold reserves for prices between $256 and $296 an ounce, only to watch it soar so far as $1,615 per ounce today.

When Brown decided to dispose of almost 400 tonnes of gold between 1999 and 2002, he did two distinctly odd things.

First, he broke with convention and announced the sale well in advance, giving the market notice that it was shortly to be flooded and forcing down the spot price. This was apparently done in the interests of “open government”, but had the effect of sending the spot price of gold to a 20-year low, as implied by basic supply and demand theory.

Second, the Treasury elected to sell its gold via auction. Again, this broke with the standard model. The price of gold was usually determined at a morning and afternoon "fix" between representatives of big banks whose network of smaller bank clients and private orders allowed them to determine the exact price at which demand met with supply.

The auction system again frequently achieved a lower price than the equivalent fix price. The first auction saw an auction price of $10c less per ounce than was achieved at the morning fix. It also acted to depress the price of the afternoon fix which fell by nearly $4.

It seemed almost as if the Treasury was trying to achieve the lowest price possible for the public’s gold. It was.

One of the most popular trading plays of the late 1990s was the carry trade, particularly the gold carry trade.

In this a bank would borrow gold from another financial institution for a set period, and pay a token sum relative to the overall value of that gold for the privilege.

Once control of the gold had been passed over, the bank would then immediately sell it for its full market value. The proceeds would be invested in an alternative product which was predicted to generate a better return over the period than gold which was enduring a spell of relative price stability, even decline.

At the end of the allotted period, the bank would sell its investment and use the proceeds to buy back the amount of gold it had originally borrowed. This gold would be returned to the lender. The borrowing bank would trouser the difference between the two prices.

This plan worked brilliantly when gold fell and the other asset – for the bank at the heart of this case, yen-backed securities – rose. When the prices moved the other way, the banks were in trouble.

This is what had happened on an enormous scale by early 1999. One globally significant US bank in particular is understood to have been heavily short on two tonnes of gold, enough to call into question its solvency if redemption occurred at the prevailing price.

Goldman Sachs, which is not understood to have been significantly short on gold itself, is rumoured to have approached the Treasury to explain the situation through its then head of commodities Gavyn Davies, later chairman of the BBC and married to Sue Nye who ran Brown’s private office.

Faced with the prospect of a global collapse in the banking system, the Chancellor took the decision to bail out the banks by dumping Britain’s gold, forcing the price down and allowing the banks to buy back gold at a profit, thus meeting their borrowing obligations.

I spoke with Peter Hambro, chairman of Petroplavosk and a leading figure in the London gold market, late last year and asked him about the rumours above.

“I think that Mr Brown found himself in a terrible position,” he said.

“He was facing a problem that was a world scale problem where a number of financial institutions had become voluntarily short of gold to the extent that it was threatening the stability of the financial system and it was obvious that something had to be done.”

While the market manipulation which occurred when the gold reserves were sold was not illegal as the abuse at Barclays may have been, the moral atmosphere in which it took place was identical.

The crash which began in 2007 and endures still was the result of an abdication of responsibility across the financial sector. This abdication ranged from the consumer whose thirst for goods pushed him beyond into grave debt to a government whose lust for popularity encouraged it to do the same.

Responsibility is evaded by all bar those on whose shoulders it ought to rest. The gold panic of 1999 was expensively paid for by the British public. The one thing politicians ought to have bought with that money was a lesson in the structural restraints which needed to be placed on banks now that the principle that they were ultimately public liabilities had been established.

It was a lesson which could have acted to restrain all players in the credit market boom of the 2000s. It was a lesson which nobody learnt.

Non-Farm Payrolls Report for June 2012 - Bush Slump and Obama Recovery, Still Weak

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"Global megabanks have an incentive to deceive customers, including both individuals and nonfinancial corporations. Their size confers both market power and the political power needed to conceal the extent to which they engage in economic fraud. The lack of transparency in derivatives markets provides them with an opportunity to cheat, but the abuses are much wider – as the Libor scandal demonstrates.

The ripoff is not just of retail investors. Chief financial officers of major corporations should be up in arms. Boards and shareholders of companies that buy services from big banks should be asking much harder questions about all kinds of derivatives transactions – and who exactly is served by the terms of such agreements."

Simon Johnson, Lie More As a Business Model

The weak recovery from the depths of the economic slump caused by the credit bubble collapse continues, with 80,000 jobs added.

I did not notice anything unusual in the compilation and adjustments of the numbers.

If anything the number appear to be understated a bit.

The economy is moving from a housing centric focus to something else. But what is that something else to be?

That in large part is the problem.

Manufacturing? The global trade regime still suffers from labor arbitrage and exchange rate 'tinkering' in the mercantilist Asian countries.

Government is not growing but instead remains flat to down from the layoffs in the state and municipal sectors.

Service? The service sector is already outsized in comparison to the rest of the economy, and the jobs added there tend to be lowpaying on average, except for the unusually large salaries in the FIRE sector which is also shrinking as a result of the bubble.

If there was ever a need for a strong national policy to stimulate rebuilding of infrastructure this is it. And this is unlikely to happen because of the political gridlock in Washington, and the continuing power of the financial sector and corporate lobbies over lawmakers.

But as you know from reading this blog, the big drag on policy action and real economic activity is the stubborn corruption at the heart of 'the rotten financial system.'

Gold Daily and Silver Weekly Charts - Moral Hazard - With Liberty and Justice For Some

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"These executives knew that they could take these huge risks and even break laws and pay no real price, and that’s what happened. It’s not just a travesty of justice that we haven’t punished them for past transgressions. The real danger is that we’re continuing to send the signal to the world’s most powerful financial actors that they don’t have any fear of criminal accountability when they commit these obvious crimes."

Glenn Greenwald

These are thinly traded markets in this holiday shortened week, and following on the end of quarter, the funds and trading desks were having their way with it.

Jobs Report came in light, which is no surprise, since the number one American export these days is fraudulent financial paper.

Long bullion, short stocks.

Silver just cannot seem to sustain a rally. Gold is struggling to break the downtrend as well.

See you Sunday evening.

7 Temmuz 2012 Cumartesi

Our News Feed Is Now Live

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We now have our news feed live, which is available here Brave New Science Daily

Information is provided directly from; NASA, The Singularity Institute, Anonymous #AntiSec, Wikileaks, The White House, The Biotech Institute, and much much more. The Paper.li platform made popular by personalities like Joe Rogan, is an amazing tool.

Straight from the sources, no opinions from middlemen. We are Brave New Science, we hack the future before it hacks us. Are You Brave?

Spread the news, Brave New Science Daily

Technology Forecast for 2012-2040

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Written By Brian Krassenstein, 7-29-2011
Via @ http://ow.ly/5SvsA Why are there so many tech geeks seen on Google+? Simply because the exponential growth of Technology excites us all. Think about how much we have progressed in the last decade alone, and then think about what the next few decades will be like for us all? We will not accomplish the same magnitude of technological growth in the coming decade as we have in the past decade. Instead the progress over the coming ten years will be exponentially more than the last ten years. With the current growth trends, Google+ also will see tremendous growth if they continue to innovate. This is what we may have to look forward to over the coming 30 years or so. Most of this information is based off of mathematical equations as well as estimates from many of today’s great scientific minds, while other dates are provided by scheduled timelines.The Year 2012

Completion of the International Space Station – The largest man made structure to ever enter orbit. Weight is 345,000 kg, and it will be approximately 110 meters wide.

The Mars Science Laboratory Lands on Mars – This will be the first time a video camera is brought to another planet, as well as the first 3D camera.

Windows 8 is Released

Google+ Passes Twitter in Member Accounts – With an estimated 290 million Users Google+ ranks 2nd only to Facebook for social networks, in terms of user totals.

The Year 2013

Gaia Mission Launched – Will map out over 1 billion stars in a 5 year period from 2013-2018.

4G Becomes Standard - The wireless standard will be used for all smartphones and wireless devices. Offers bandwidth of 100 mbps for mobile devices and 1 gbps for stationary reception

Products Using Memristor Technology Are Available – Computer memory will work on the atomic level instead of the conventional on/off switch level.

14 Nanometer Chip are Mass Produced – Currently chip sizes are mass-produced at around 24 nms.

The Year 2014

Internet Will Outreach Televisions in the US – As internet and TV converge on each other, there will be more internet users than Traditional television viewers.

Robotic Mules Work for the Military – These robotic mules will be able to traverse terrain that normal vehicles could not, allowing soldiers to carry equipment to remote areas

Playstation 4 Launched by Sony – Will compete with the Xbox 720, and Onlive for video game dominance.

Hadron Collider Reaches Max Operating Power – Currently it’s operating at 50% power until 2014.

The Year 2015

Masdar City Completes First Phase – The city being constructed in the United Arab Emirates will be the first zero-waste, zero-carbon city. Cost $22 billion.

Scientists Resurrect the Woolly Mammoth – Extinct for 5,000 years, new technologies will allow cloning of the DNA of the Wooly Mammoth.

Lunar Tourism Emerges – A company called Space Adventures will sell the first tickets to the moon, or at least within 100 miles from the moon. Cost: $150 million per person

The New Horizons Pluto Probe Arrives on Pluto – Will transmit pictures back from the icy planet, 4 billion km away.

Google+ Eclipses Facebook in Total Users – With nearly 1.2 billion users, if current trends continue, Google+ eclipses the total member base of Facebook, making it the Worlds largest social network.

The Year 2016

The Worlds First Space Hotel – A Russian space group called Energiya launches the world’s first space hotel, in a partnership with US firm, Orbital Technologies.

Holographic Versatile Discs or HVDS Replace Blu-Rays – It’s possible that solid state memory may make this technology useless, even though each disk will hold as much data as 200 DVDs.

The Year 2017

Teleportation of Molecules Made Possible – Scientists already are able to teleport single atoms and light. Next up are simple molecules.

The Year 2018

Scientists are Able to Drill Into The Earths Mantle – What many people thought of as science fiction years ago, will be made possible due to technological advances. Little is known about the mantle.

Computers Break the Exaflop Barrier - That’s 1,000,000,000,000,000,000 calculations per second.

Everyday Appliances, Cars, and other Items Connected to Internet – via RFID chips the size of a grain of sand, all your appliances and everyday items will be able to communicate with the internet.

Devices With 100Gbit/s Transfer Rates Emerge – Light Peak technology will take over USB 3.0, and provide upwards of 100gbit/s transfer rates.

Spinal Cord Injuries No Longer a Problem – Through stem cell research, any acute spinal cord injury will be able to be treated and cured. The method is already done in mice.

The ITER Fusion Reactor Switched On – At a cost of $20 billion the International Thermonuclear Experimental Reactor has been in the works for quite a while. Success of this project would mean an almost infinite amount of clean power for the world.

The Year 2020

5 Billion Internet Users World Wide – Over 5 billion people will have access to the internet.

Brain Machine Interface Technology Makes Texting Easy - You will be able to text message simply by thinking. Other Brain Tech interface technologies will also take off.

Holographic Television Becomes Mainstream – Scientists have already found ways to make this technology possible. The only problems have been the long refresh rates.

Traditional Microchips Reach Their Smallest Size Possible – Traditional microchips will give way to new technologies as they reach nearly the size of an atom, 4nm. In order for Moore’s Law to continue, new technologies will need to come about.

Stem Cell Organ Manufacturing – No longer will there be a need for organ donations. Through the use of stem cells, scientists will be able to grow your own organs for you.

The Years 2022 -2025

Nanotech Clothing and Carpet is Mainstream – Self cleaning carpets, as well as completely waterproof clothing is made possible by nano technology

Deafness is Curable and Teeth Can be Regenerated – Stem cells will be able to regenerate teeth, as well as cure those who can not hear.

SD Cards With 1 Petabyte of Data – Forget those 64 GB cards, even the thought of 1 TB cards. 1 Petabyte CD cards are now available.

Medical Nanobots Emerge – tiny robotic particles will be able to possible cure diseases like cancer.

Vertical Farming Becomes Mainstream – Skyscrapers filled with vegetation will be the norm, helping alleviate world food shortages.

Human Brain Simulating Computers Emerge – Because of the exponential growth of computer power, we now have computers capable to simulating a human brain. The First step towards Cyborgs.

Immortality Coming Close to Reality – The worlds first 10-year-old mouse is created, and as technology progresses we may be able to extend the average human life by an additional year or more for each year of additional research.

The Years 2026-2030

Wireless Electricity is Mainstream -All electronics will have an antenna and get their power from a single electrical node in the center of one’s home.

Limb Regrowth Possible – Scientists will find a way to By switch off a particular gene called P21, meaning that adult mammalian cells can be induced to behave like regenerative embryonic stem cells.

Human Like AI Is a Reality – Artificial intelligence that mimics that of man is now available. The next phase is singularity where super intelligence emerges in the coming years.

The Years 2031-2040

TeraBit Internet Speeds Emerge – Think 100 mbits/s is fast?

Weather Forecasts become 99.9% accurate – Hurricane prediction as well as every day weather will be nearly perfected with the Zetaflops of computer power now available.

Exabyte Storage is Now Available - This may seem like too much storage to even be needed, but AI, and other new technologies will need this space.

First Man on Mars – Finally a Man will step foot on the red planet.

Internet 4.0 Emerges – Many, many devices, and every day tools and appliances will make the Internet a much more complex environment.

Quantum Computing Is Available – These computers will revolutionize future technology

Alzheimer’s Disease is Now Curable – After reverse engineering the human brain, scientists are now able to cure Alzheimer’s.

Teleportation of DNA Made Possible – Advances in the field will allow complex Molecules of DNA to be teleported over a distance.

About the Author:
Brian Krassenstein
http://plusheadlines.com/author/briankrass/
https://plus.google.com/116464344073545994074
http://www.linkedin.com/in/krassenstein

*This article is re-shared from off-site and intended solely as edutainment.

The Internet is Powered by Human Super-Computers

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Jonathan Langdale's profile photo

Jonathan Langdale originally shared this post:The estimated population of the internet is around 7 billion people. But they're not online at the same time. Assuming a 5% rate of concurrent internet users it could be something like 35 million, but it's probably more.

A human brain has approximately 90 billion neurons transmitting information across 150 trillion connections. Imagine 35 million brains each with 90 billion neurons and 150 trillion connections, connected to each other.

The Fujitsu RIKEN K super computer has 68,544 8-core SPARC64 processors and runs an enhanced Linux-based operating system. This is a total of 548,352 cores. The K computer uses a special six-dimensional torus network interconnect called Tofu. The highest peak power used was 9.89MW (9,890,000W) of power or roughly 10,000 houses. The K computer can perform 8.162 petaflops or 8.162 quadrillion calculations per second.

1 million is 1,000,000
1 billion is 1,000,000,00
1 billion x 1 million is 1,000,000,000,000,000 or 1 quadrillion (10^15).

35 million brains times 90 billion neurons is a total of 3150 quadrillion neurons. By estimating the distance between synapses and how fast nerve impulses travel, we can in turn estimate how many synapse operations per second the brain can do. Using this information, the raw computational power of the human brain might be roughly between 10^13 and 10^16 operations per second, or between 10 to 100 trillion. Each brain would use roughly on average 10W.

35 million brains processing 10 trillion operations per second would be a total parallel processing engine of 350 sextillion (35x10^21), each brain using 10W for a total of 350MW of energy per second.

The K super computer uses .83MW per quadrillion operations. The human super computer uses 1MW per sextillion operations. A human super computer might be more efficient and faster than the fastest super computer by several orders of magnitude.

Not only that, but human nodes each have the ability to process natural language, sight, sound and touch. They also each have the ability to perform the create() function.

Pairs of opposite nodes also have cross-platform sex()functions which leads to new nodes.

(My numbers may be off, this is just a quick estimate)

*An awesome post from the internet.

Looking for Brave New Sci-fi

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Since creating a blog for "Brave New Science" I have been spending more time thinking about what content should be regularly published on it, then creating it.
Today I received an amazing suggestion by a friend, completely randomly today:

"You know what might be cool, is if you get someone to write a continuing, serial piece of speculative science-fiction on life in the future... just an idea I had, let me know if you find someone, I might be willing to collaborate on it with whoever is up to it."

I had not even thought of fiction on the blog... but I love it! A regular, unique sci-fi column is absolutely something i would love reading. What about you?

If you know of any writer's (or are one) who may be interested in this, let me know.

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Steve Jobs Resigns from Apple

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Steve Jobs
Jobs holding a white iPhone 4 at Worldwide Developers Conference 2010
Born	Steven Paul Jobs February 24, 1955 (age 56)^[1] San Francisco, California, U.S.^[1]
Residence	Palo Alto, California, U.S.^[2]
Nationality	American
Alma mater	Reed College (dropped out in 1972)
Occupation	Chairman, Apple Inc.^[3]
Salary	US$1^[4]^[5]^[6]^[7]
Net worth	$8.3 billion (2011)^[8]
Board member of	The Walt Disney Company^[9]
Religion	Buddhism^[10]
Spouse	Laurene Powell (1991–present)
Children	4
Signature

PRESS RELEASE: Letter from Steve JobsAugust 24, 2011–To the Apple Board of Directors and the Apple Community:I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve

http://www.apple.com/pr/library/2011/08/24Letter-from-Steve-Jobs.html

5 Temmuz 2012 Perşembe

George W. Bush's head on a spike? Tsk, tsk, Game of Thrones. HBO yanks season one episode.

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On one hand, this whole controversy about HBO's Game of Thrones using a fake severed head of former president George W. Bush in episode 10 of season one is silly. It's something that the GOP blew up to recast itself as oppressed for the sake of gaining more power. How Cersei Lannister of them.

On the other hand, I've got to wag my finger at the Game of Throne producers and directors. Really? Dudes, as the HBO executives have now told you, that was tacky and disrespectful. A profile of the former president's head appears in the scene in which devil spawn King Joffrey Baratheon (all Lannister by blood) forces the less-and-less naive Sansa Stark to look at her father's decapitated head on a stick atop a palace wall with other so-called traitors' heads.

I see this foolishness with GWB's head in light of the Golden Rule—Do unto others as you would have them do unto you—and so I consider how would I feel if that were a fake President Obama head decapitated on that stick. I'd have smoke coming from my ears.

The show's response has been that the use of GWB's head was not a political statement but the result of budget constraints: due to a lack of funds, they used whatever heads they could find. It is to laugh that's such a bogus answer. And the whole thing feels like a publicity stunt given that no one would have known that was 43's head if the show's creators hadn't revealed it during the DVD commentary. What's more likely, however, is that some guy on the art team saw the head and did want to make a statement and used it quietly, not spilling the beans until after the show was in the can.

CNET reports that HBO, reacting to the uproar, will not run that episode of Thrones on the HBO Go platform until the offensive scene's been edited; same goes for the television broadcasts. In addition, the network has stopped future shipments of season one DVDs.

Darn it! I knew I should have bought that season.