Posted on 03/15/2018 1:44:40 AM PDT by SunkenCiv
The billowing compute and data demands that spurred the oil and gas industry to be the largest commercial users of high-performance computing are now propelling the competitive sector to deploy the latest AI technologies. Beyond the requirement for accurate and speedy seismic and reservoir simulation, oil and gas operations face torrents of sensor, geolocation, weather, drilling and seismic data. Just the sensor data alone from one off-shore rig can accrue to hundreds of terabytes of data annually, but most of this remains unanalyzed, dark data.
Why? Because there just isn't enough compute capacity to crunch it all.
A collaboration between Nvidia and Baker Hughes, a GE company (BHGE) -- one of the world's largest oil field services companies -- kicked off this week to address these data challenges by applying deep learning and advanced analytics to improve efficiency and reduce the cost of energy exploration and distribution. The partnership leverages accelerated computing solutions from Nvidia, including DGX-1 servers, DGX Station and Jetson, combined with BHGE's fullstream analytics software and digital twins to target end-to-end oil and gas operations.
(Excerpt) Read more at enterprisetech.com ...
10 Factors Affecting Oil Prices in 2018 | March 14, 2018 | Motley Fool Staff
Try a web search / news search on AI and Bitcoin if you want a better handle on risk here.
One of the few things I agreed with Stephen Hawkings on was his stance on AI. What will happen if the AI decides we are ruining the earth with our fossil fuels and therefore need to be eliminated? Sounds like some good science fiction. Fossil fuel AI learns from climate change AI we are ruining our planet and the two decide to team up with other AI to rid the world of theses pesty humans.
Far fetched? It would make a nice short story.
What will happen if the AI decides we are ruining the earth with our fossil fuels and therefore need to be eliminated?
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Presupposes that the AI would care in the first place. More likely the AI would want to create a more favorable AI environment, which would mean removing bio and weather related interference. Every thing would be eliminated.
I was pushing a sci fi angle. I still don’t trust AI. I learned not to trust AI from the HAL 9000. Go ahead, interfere with the drilling mission and see what happens..
I was pushing a sci fi angle.
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So was I. See Gregory Benford’s five volume series “In the Ocean of Night”
I looked it up and read the synopsis. It sounds interesting. I wrote it own.
https://en.wikipedia.org/wiki/Colossus:_The_Forbin_Project
Colossus: The Forbin Project (a.k.a. The Forbin Project) is a 1970 American science fiction thriller film from Universal Pictures, produced by Stanley Chase, directed by Joseph Sargent, that stars Eric Braeden, Susan Clark, Gordon Pinsent, and William Schallert.
The film is based upon the 1966 science fiction novel Colossus, by Dennis Feltham Jones (as D. F. Jones),[1] about an advanced American defense system, named Colossus, becoming sentient to everyone’s pleasant surprise ... at first. After being handed full control, Colossus’s draconian logic expands on its original nuclear defense directives to assume total control of the world and end all warfare for the good of mankind despite its creators’ orders to stop.[2]
Skynet is inevitable.
How about big data itself, the NSA? We know from painful experience that they collect far more data than they can analyze. Having an AI crunch through all of those calls looking for keywords to forward to a (puny) human is already happening on a smallish scale.
What happens when FB, GOOG or your local ISP starts filtering results based upon a government diktat? Oops, already happening, and we are seeing the signs that private filtering is starting.
Security through Anonymity is fast becoming a thing of the past, even without a malevolent AI.
thanx for posting
Huge opportunity for distributed computing. Leave your PC on overnight, and get paid rent for compute.
It’s been done to death — the movie “Colossus: the Forbin Project” comes to mind. The key is, don’t build antonomic systems. Even the repetitive plots / characters on ST:TNG eventually figured that one out — well, other than watching helplessly as the Holodeck took over the ship every other week for seven years.
My pleasure.
OPEC Has Already Turned to the Euro
GoldMoney Alert
February 18, 2004
...The source for the euro exchange rate is the Federal Reserve, and I have calculated the euro's average exchange rate to the dollar for each year based on daily data.We can see from column (4) in the above table that in 2001, each barrel of imported crude oil cost $21.40 on average for that year. But by 2003 the average price of a barrel of crude oil had risen 26.0% to $26.97 per barrel. However, the important point is shown in column (6). Note that the price of crude oil in terms of euros is essentially unchanged throughout this 3-year period.
US Imports of Crude oil (1) (2) (3) (4) (5) (6) Year Quantity (thousands of barrels) Value (thousands of US dollars) Unit price (US dollars) Average daily US$ per € exchange rate Unit price (euros)2001
3,471,066 74,292,894 21.40 0.8952 23.91 2002 3,418,021 77,283,329 22.61 0.9454 23.92 2003 3,673,596 99,094,675 26.97 1.1321 23.82
As the dollar has fallen, the dollar price of crude oil has risen. But the euro price of crude oil remains essentially unchanged throughout this 3-year period. It does not seem logical that this result is pure coincidence. It is more likely the result of purposeful design, namely, that OPEC is mindful of the dollar's decline and increases the dollar price of its crude oil by an amount that offsets the loss in purchasing power OPEC's members would otherwise incur. In short, OPEC is protecting its purchasing power as the dollar declines.
A much bigger threat and risk than the rise of something like Skynet is...
http://www.google.com/search?q=cryptocurrency+nvidia+ai
whoops — antonomic s/b autonomic.
Even more likely is stasis -- even if AI-managed systems had comprehensive control over everything (which is obviously a hat tip to the fictional notion of weather machines a la Karl Rove in his prime), if they pursued their own interest, they'd be pitted against each other, regarding us as just part of the environment, if they noticed us at all.
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