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A Looming Threat to Bitcoin (and the financial world)- The Risk of a Quantum Hack
Advancements in quantum computing pose a potential threat to Bitcoin’s security. Google’s recent progress with its Willow quantum-computing chip has highlighted the possibility that future quantum computers could break the encryption protecting Bitcoin, enabling hackers to access secure digital wallets and potentially causing significant devaluation.
Researchers estimate that a quantum computer capable of such decryption is likely more than a decade away. Nonetheless, the Bitcoin developer community faces the complex task of upgrading the system to incorporate quantum-resistant encryption methods. Achieving consensus within the decentralized community may be a slow process, and users would eventually need to transfer their holdings to quantum-resistant addresses to safeguard their assets.
A quantum-powered attack on Bitcoin could also negatively impact traditional financial markets, possibly leading to substantial losses and a deep recession. To mitigate such threats, President-elect Donald Trump has proposed creating a strategic reserve for the government’s Bitcoin holdings.
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Alberto Taiuti – World Models, the restyle and control AI technology that could displace 3D
https://substack.com/inbox/post/153106976
https://techcrunch.com/2024/12/14/what-are-ai-world-models-and-why-do-they-matter/
A model that can generate the next frame of a 3D scene based on the previous frame(s) and user input, trained on video data, and running in real-time.
World models enable AI systems to simulate and reason about their environments, pushing forward autonomous decision-making and real-world problem-solving.
The key insight is that by training on video data, these models learn not just how to generate images, but also:
- the physics of our world (objects fall down, water flows, etc)
- how objects look from different angles (that chair should look the same as you walk around it)
- how things move and interact (a ball bouncing off a wall, a character walking on sand)
- basic spatial understanding (you can’t walk through walls)
Some companies, like World Labs, are taking a hybrid approach: using World Models to generate static 3D representations that can then be rendered using traditional 3D engines (in this case, Gaussian Splatting). This gives you the best of both worlds: the creative power of AI generation with the multiview consistency and performance of traditional rendering.
