Is blockchain the technology of the future? George Gilder, author of Life After Google, argues that bitcoin and blockchain technology is revolutionizing the Internet. He sits down with Peter Robinson to discuss technology, cloud computing, big data, and the growing role of blockchain in innovating new technologies.
Gilder argues that cloud computing, while it was the hot new technology ten years ago, has reached its limits as the physical limitations of big data storage centers maxes out. Improvements in parsing big data are incremental at this point, and it’s time for the next big technology to take its place. Gilder points to blockchain as the technology of the future, with its ability to prevent corruption and manipulation of transaction data and the infinite uses it could have in third world countries.
Gilder also discusses the history of technology, artificial intelligence, and the revolutionary bitcoin. He argues that artificial intelligence can never replace human intelligence and creativity and that in principle, it is impossible for machines to take over.
About AI, not many people succeed in predicting a future in any kind of detail. Once we get past “In the long run, we will all be dead,” it usually gets pretty cloudy. Yet here’s Gilder who said – in Life After Television (1994) a quarter-century ago – “The computer of the future will be as portable as your watch and as personal as your wallet. It will recognize speech and navigate streets, collect your mail and your news.” And that’s what happened. Most average consumers who were on dial-up internet in 1994 would have found today’s online world pretty hard to believe.