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Western Sydney Uni and Intel to jointly develop brain-inspired computer system – ZDNet

Researchers from the International Centre for Neuromorphic Systems (ICNS) at Western Sydney University (WSU) have teamed up with Intel to build a scalable, open-source, and configurable neuromorphic computer system proof-of-concept, so they can learn more about how the brain works and how to build better AI.

Neuromorphic computing aims to use computer science to develop AI hardware that is more flexible and can emulate the functions of the human brain, including contextual interpretation, sensory applications, and autonomous adaptation.

See:What is neuromorphic computing? Everything you need to know about how it is changing the future of computing

"We don't really know how brains take signals from our body sensors and processes it, and make sense of the world around it. One of the reasons for that is we can't simulate brains on regular computers -- it's just way too slow, even simulating like a cubic millimetre of the brain takes weeks to simulate for just a few seconds -- and that's stopping some of the understanding of how brains work," ICNS director Andr van Schaik told ZDNet.

"Therefore, we need to build a machine that can emulate the brain rather than simulate with the difference being, it's more of a hardware implementation where these things run faster and in parallel."

He added that to be able to understand the brain is just one of those "final frontiers in science".

"You can't just study the human brain in humans at the right level of detail and scale or do an EEG where you get brainwaves but get no resolution of what the individual neurons are doing in somebody's brain, but with this system you can do that. Hopefully we can find out how brains work and then scale, but also how they fail," van Schaik said.

At the same time, van Schaik believes the solution could improve the way AI systems are built, describing current methods used to train AI models as "very brute force methods".

"They're really just learning from lots of examples [but] learning about brains work very differently from what we call AI at the moment. Again, we don't quite know how that works and again, holding us back is that we are unable to simulate this on current computers at any scale," he said.

According to van Schaik, the team envisions the proof-of-concept setup would look much like current data centres. It would consist of three compute racks in a cool environment, incorporate Intel configurable network protocol accelerator (COPA)-enabled field-programmable gate arrays (FPGAs), and be connected by a high-performance computing (HPC) network fabric. The system would then be fed information, such as computational neuroscience, neuroanatomy, and neurophysiology.

The system would be coming off the back of work Intel's Neuromorphic Research Community (INRC) has been doing with its Loihi neuromorphic computing process.

Van Schaik said while the Loihi chip is very power efficient, it's also less flexible as it's a custom-designed chip and therefore non-configurable, compared to using FPGAs that can be configured and reconfigured using software.

"We want to offer this more flexible system, and more power-hungry system as a separate pathway for that community," he said.

"We are currently able to simulate much larger networks than they can on that platform."

There's also a sustainability aspect to the research as well, with van Schaik explaining that the system to be built would be able to process more data, with less power. The projected thermal design power of the system is 38.8 kW at full load.

"[In] the advent of AI and machine learning and smart devices we're collecting so much data when that data goes to the cloud, it consumes electricity and we're actually on a trajectory [where] data consume as much electricity as everything else in the world," he said.

"If we look at data centres at the moment that processes data they consume massive amounts of electricity. The human bran is about 25 watts we hope by building AI and data process more like brains, we can do it at much less power."

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Demystifying Neural Networks: Teslas Are (Probably) Not Alive, But Thats OK! (Part 5) – CleanTechnica

Again Garbage In, Garbage Out

I feel like Marty McFly in Back to the Future when I see this stuff. Wait, Ive seen this one! This is a classic!

Just like every other whizbang computer science invention, it suffers from the same weakness that weve seen every other AI thing do. If you put bad data into it, youll get bad data back out. Only this time, its worse, because the computer is deciding what bits of the data are important, and you cant always know what its looking at and why its getting things right. Something that works 99% of the time can fail spectacularly or in comical ways when the neural net is found to be looking at the wrong stuff.

These problems can probably be solved, though, but lets explore this a little further.

By now, I hope readers know three things:

But, artificial neural networks are still amazing. One super cool thing they do is help computers chew on qualitative information (uncountable things something theyve always struggled with). Traditional programs can readily deal with hard facts like an objects size, position, and velocity (these are all expressible as numbers), but they couldnt tell us what the thing was. Autonomous vehicles will be impossible if a vehicles computer cant identify objects, so this is vitally important to that mission.

They dont identify things the way we do, though. Artificial neural networks exist to convert qualitative judgments (what is that thing?) into quantitative ones for a program to deal with (this is Thing #3481, so now these mathematical rules will apply to the program). This enables a computer to do things that were previously not well suited to it, and thats amazing.

But, the ability to make limited qualitative judgments (categorizing objects) doesnt mean a computer system is good at making all such judgments like we are. Once they get to the end of their training, they have no ability to improvise or adapt and go on.

It is the pinnacle of bad AI thinking to compare the human mind to a computer. We have popularly done this for decades, but its fundamentally wrong.

Now, notice I didnt say brain. I said mind. We often use those terms interchangeably, but when we do that, we ignore the fact that we dont know how the human mind and the human brain relate to each other. The mind may be in the brain and due to a physical process we dont yet understand, or it could be something else. We dont know that much yet.

We do know a lot about the brain, including how its wired up to our nerves, how different parts of the brain connect to different senses, and how diseases or problems in the brain lead to problems a person subjectively experiences. We know that when a person is happy, certain parts of the brain light up with activity in scans. We know that when a person smells pheromones, different parts of the brain light up depending on the persons gender identity and/or sexual orientation (and not necessarily their sex).

We also know that we can get the brain to affect peoples consciousness through manipulation. Chemicals can make a person enter altered states of consciousness, lose consciousness, or see things that arent there. Electromagnetic stimulation, ultrasound, and even direct electrical stimulation can all have predictable effects. Neuralink isnt lying to us when they say they could eventually do things like pipe audio or even image overlays into the brain that our consciousness would perceive.

Using the human brain for inspiration has led to the development of artificial neural networks, and those are doing amazing things, but they cant reproduce the mind at this point, and may never be able to do so.

The biggest roadblock is that we havent solved the Hard Problem of Consciousness. Despite the many things we do know about the brain, we dont know what mechanism drives a human beings experience of consciousness. Somehow, the human brain is doing something thats beyond the sum of its parts, and a mind somehow exists that the brain or body interacts with. How do we know that a mind and consciousness is happening? Only because the person tells us that they experience consciousness.

This idea of believing people without evidence may seem to fly in the face of science, but science was never meant to be a faith, nor was it meant to explain stuff like this. Again, see Goffs book on the topic for a lot more details (or a video here where he goes over it).

As stated earlier, this goes all the way back to Galileo. We dont know what consciousness is, or how it happens, because Galileo deliberately set that very issue aside for later so scientists could focus on that which could be measured and computed. Now, were trying to take a philosophical approach to inquiry that was specifically designed to exclude consciousness and use it to explain something we cant even prove exists beyond taking each others words for it (our experience of consciousness). Will that approach work? We simply dont know.

While physical science as started by Galileo has been hugely successful, theres simply no guarantee that it will lead to an understanding of consciousness, and if it does, it might not be something we can reproduce with computers.

In the last part, Ill finish explaining how these artificial neural networks arent alive or conscious, but that it really doesnt keep companies like Tesla from doing what it aims to do (build self-driving cars).

For ease of navigation for this long series of articles, links to all of them will be here once they are published:

Part 1: Why Computers Only Crunch Numbers

Part 2:Miscalibrated Trust In Mathematics

Part 3: Computers Only Run Programs

Part 4: How Neural Networks Really Work

Part 5 (you are here): What Artificial Neural Networks Cant Do

Part 6: Self Driving Cars Are Still Very Much Possible, Despite Not Being Alive

Featured image: Screenshot from Teslas AI Day

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Demystifying Neural Networks: Teslas Are (Probably) Not Alive, But Thats OK! (Part 5) - CleanTechnica

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The next-generation workforce: A new county mobile STEM unit is coming to every school district – The Oakland Press

Cody Musial and Molly Campbell are two students of different ages in different school districts, but both share one thing: their fathers are engineers.

Musial, 14, a freshman at Oxford High School, is interested in rockets and wants to be an aerospace engineer. Campbell, 11, a sixth-grader at Huron Valleys Muir Middle School, enjoys mathematics and is interested in robotics.

On Tuesday the two joined others at the Oakland Schools main campus in Waterford Township for the unveiling of the new STEMi Mobile Innovation Station, a 1,000-square-foot lab on wheels where K-12 students learn STEM (science, technology, engineering and math) through autonomous vehicles, robotics, extended reality and smart manufacturing.

The lab will visit all 28 county school districts this school year, or one district per week.

Wanda Cook-Robinson, superintendent of Oakland Schools, said the idea began three years ago when she and others pondered how to bridge the gap between the trades, careers and higher education.

It resulted in a K-12 curriculum that includes career readiness, exploration and placement. As Cook-Robinson put it, schools are preparing children as young as kindergarteners to think about careers that may not yet exist.

You cant wait until youre an 11th grader to think about what you want to do, she said. You have to start thinking early. And the thing about a semi-classroom (like the lab), it lets a fourth grader know what excites them and what doesnt.

Megan Schrauben, executive director of the MiSTEM Network through the state Department of Labor and Opportunity, said there is an acute shortage of jobs in information technology, healthcare, computer science and engineering.

She said most students develop career interests earlier in life either through inspiration from parents or others whom they interact with.

When you expose them to a lot of technologies, they may be our trainers of the next workforce, Schrauben said.

The mobile unit cost over $1 million. It involved dozens of partners, collaborators, donations and grants, said John Landis, Oakland Schools Education Foundation president.

Landis said the modern iteration of STEM actually started many years ago, when those who did not necessarily want to attend traditional four-year colleges and universities learned how to make things in shop class.

We have to figure out how to get the kids out there to show whats a cool job, Landis said. Show them, do you want to work for money? Whats your reason to work? And its an evolutionary process to get young people to understand what it is, and what it takes to get there. Do you need a four-year degree today? The answer is no. You can get a technical degree that is just as important.

Jarrad Grandy, executive director of student services for Oakland Schools, said part of his role involves finding the best fit for each individual.

First, weve got to change the conversation: careers are for every kid, Grandy said.

At the end, you want to have a meaningful career and it really comes down to finding the answer to three things: what are you good at, what do you like to do, and is someone willing to pay you to do it? If you can find something that connects to all three of those questions, now you have a career.

Schrauben said current societal trends can be traced with the evolution of technology, when the first computers took up whole buildings. Today, nearly everyone carries a computer in their pocket.

But mobile STEM units are still not as common as she or the state would like them to be.

Its part of the reason why the iSTEM council was formed in the first place, to build relationships with the business and school communities and to also recognize that because of the constant changing nature (of technology), its much easier to update a mobile lab like this than to rebuild and have a school go to a bond or something like that in order to keep their technologies current in their own buildings, she said.

Cook-Robinson said kids used to dream about being firefighters or police officers. Now, they are dreaming of building autonomous machinery or the next big invention.

Its teaching what can be, she said.

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The next-generation workforce: A new county mobile STEM unit is coming to every school district - The Oakland Press

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Human Mini-Lungs Grown in Lab Dishes are Closest Yet to Real Thing – UC San Diego Health

Since the COVID-19 pandemic reached the United States in early 2020, scientists have struggled to find laboratory models of SARS-CoV-2 infection, the respiratory virus that causes COVID-19. Animal models fell short; attempts to grow adult human lungs have historically failed because not all of the cell types survived.

Undaunted, stem cell scientists, cell biologists, infectious disease experts and cardiothoracic surgeons at University of California San Diego School of Medicine teamed up to see if they could overcome multiple hurdles.

Writing in a paper publishing August 31, 2021 in eLife, the team describes the first adult human lung-in-a-dish models, also known as lung organoids that represent all cell types. They also report that SARS-CoV-2 infection of the lung organoids replicates real-world patient lung infections, and reveals the specialized roles various cell types play in infected lungs.

This human disease model will now allow us to test drug efficacy and toxicity, and reject ineffective compounds early in the process, at Phase 0, before human clinical trials begin, said Pradipta Ghosh, MD, professor, director of the Institute for Network Medicine and executive director of the HUMANOID Center of Research Excellence (CoRE) at UC San Diego School of Medicine. Ghosh co-led the study with Soumita Das, PhD, associate professor of pathology at UC San Diego School of Medicine and founding co-director and chief scientific officer of HUMANOID CoRE.

Lung organoids are human stem cell-derived mini lungs in a laboratory dish.

Stem cell scientists at the HUMANOID CoRE, led by Das, reproducibly developed three lung organoid lines from adult stem cells derived from human lungs that had been surgically removed due to lung cancer. With a special cocktail of growth factors, they were able to maintain cells that make up both the upper and lower airways of human lungs, including specialized alveolar cells known as AT2.

By infecting the lung organoids with SARS-CoV-2, the team discovered that the upper airway cells are critical for the virus to establish infection, while the lower airway cells are important for the immune response. Both cell types contribute to the overzealous immune response, sometimes called a cytokine storm that has been observed in severe cases of COVID-19.

A computational team led by Debashis Sahoo, PhD, assistant professor of pediatrics at UC San Diego School of Medicine and of computer science and engineering at Jacobs School of Engineering, validated the new lung organoids by comparing their gene expression patterns which genes are on or off to patterns reported in the lungs of patients who succumbed to the disease, and to those that they previously uncovered from databases of viral pandemic patient data.

Whether infected or not with SARS-CoV-2, the lung organoids behaved similar to real-world lungs. In head-to-head comparisons using the same yardstick (gene expression patterns), the researchers showed that their adult lung organoids replicated COVID-19 better than any other current lab model. Other models, for example fetal lung-derived organoids and models that rely only on upper airway cells, allowed robust viral infection, but failed to mount an immune response.

Our lung organoids are now ready to use to explore the uncharted territory of COVID-19, including post-COVID complications, such as lung fibrosis, Das said. We have already begun to test drugs for their ability to control viral infection from entry to replication to spread the runaway immune response that is so often fatal, and lung fibrosis.

Since their findings in human organoids are more likely to be relevant to human disease than findings in animal models or cell lines, the team hopes that successful drug candidates can be rapidly progressed to clinical trials.

Because our HUMANOID CoRE lung organoids are scalable, personalized, propagatable and cost-effective, they are quite unlike any other existing model, said Ghosh. This is a significant advance that can enable the modeling of lung diseases and pandemics beyond COVID-19. In fact, other academic and industry partners are already beginning to use these organoids in disease modeling and drug discovery. This is when I feel that translational research is immediately transformative.

Co-authors include: Courtney Tindle, MacKenzie Fuller, Ayden Fonseca, Sahar Taheri, Stella-Rita Ibeawuchi, Gajanan Dattatray Katkar, Amanraj Claire, Vanessa Castillo, Moises Hernandez, Hana Russo, Jason Duran, Ann Tipps, Grace Lin, Patricia A. Thistlethwaite, Thomas F. Rogers, UC San Diego; Nathan Beutler, Scripps Research; Laura E. Crotty Alexander, UC San Diego and VA San Diego Healthcare System; Ranajoy Chattopadhyay, UC San Diego and Cell Applications, Inc.

Funding for this research came, in part, from the National Institutes for Health (grants 1R01DK107585-01A1, 3R01DK107585-05S1, R01-AI141630, CA100768, CA160911, R01-AI 155696, R00-CA151673, R01-GM138385, R01-HL32225, UCOP-R00RG2642, UCOP-R01RG3780), Sanford Stem Cell Clinical Center at UC San Diego Health and VA San Diego Healthcare System.

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Human Mini-Lungs Grown in Lab Dishes are Closest Yet to Real Thing - UC San Diego Health

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The 30 Universities With the Largest Endowments – Newsweek

College is an expensive investment, meaning many students may need to rely on financial aid in the form of a university's endowments.

These are trust funds generating revenue from donated money and financial assetsad the size of some Ivy League college endowments reportedly run into the tens of billions.

Bill Staib, CEO of higher education comparison site College Raptor, responsible for this analysis, suggests the size of a university's endowment "can provide a useful point of comparison when students and their families are searching for best-fit colleges."

"A large endowment often means that the institution can provide more financial aid, can invest more in great faculty and facilities, and can establish unique experiential programs and initiatives, all of which work to support student success," he told Newsweek.

The data, sourced from the Department of Education's IPEDs data center using the most recently reported endowment data (2018-2019), shows how all but one institution in the top ten largest endowments (Northwestern University) has grown in the past year.

Read on to discover the American universities with the largest endowments, according to College Raptor's analysis.

Established in 1839, Boston is a private East Coast research college with a historical affiliation with the United Methodist Church.

The most popular majors on offer at this Massachusetts-based university include Business, Communications and Economics.

Rochester is a private research New York-based college considered among the smallest and most collegiate among America's most elite universities.

Popular majors at this highly rated mid-sized higher education institution include Nursing, Biology and Computer Science.

Founded in 1887, Pomona is a private liberal arts university located in Claremont, California.

The most popular majors at this college range from Economics, Mathematics and Computer Science.

Boston is a private, Jesuit research college in Chestnut Hill, Massachusetts founded in 1863.

Popular majors at this highly rated mid-sized establishment include Economics, Psychology and Finance.

Chartered in 1821, Amherst College is a private liberal arts institution based in Amherst, Massachusetts.

Popular majors at this highly rated private college include Mathematics, Economics and Research and Experimental Psychology.

The University of Richmond is a private, not-for-profit liberal arts college based in Virginia.

Popular majors at this university include Business, Organizational Behavior Studies, and Liberal Arts and Humanities.

Established in 1793, Williams is a private liberal arts university in Williamstown, Massachusetts.

The most popular majors at this college include Economics, English, and Political Science and Government.

Caltech is an elite, and small-sized private research university in the city of Pasadena, California.

Popular majors at this institution with extremely competitive admission rates include Computer Science, Mechanical Engineering and Electrical Engineering.

Founded in 1764, Brown is a private Ivy League research college in Providence, Rhode Island.

Popular majors at this elite, mid-sized institution include Computer Science, Biology and Economics.

Chartered in 1831, New York University is a private research institution based in NYC.

Among the most popular majors at this college are Liberal Arts and Humanities, Economics and Business.

The University of Pittsburgh is a state-related public research college located in Pennsylvania.

Popular majors at this institution, which is home to 17 undergraduate and graduate schools and colleges, include Psychology, Finance and Biology.

Dartmouth College is a private Ivy League research university in Hanover, New Hampshire and the ninth-oldest institution of higher education in the U.S.

Popular majors at this institution which reportedly graduates 95 percent of students, include Economics, Political Science and Government, and Engineering Science.

Founded in 1880, USC is a highly rated private research college located in Los Angeles.

Popular majors at this institution with an extremely competitive admission rate include Business, Biology and Communications.

Vanderbilt is a private research college based in Nashville, Tennessee and established in 1873.

Popular majors at this university range from Economics, Social Science Research Methods, and Liberal Arts and Humanities.

Johns Hopkins is a private college based in Baltimore, Maryland, considered to be the very first research university in the U.S.

Popular majors at this university include Public Health, Neuroscience and Neurobiology, and Cellular Biology.

William Marsh Rice is a private research college located in the heart of Houston, Texas.

Some of the most popular majors at this university include Information Science, Economics and Mechanical Engineering.

Founded in 1865, Cornell is a private Ivy League research college with its base in Ithaca, New York.

Popular majors at this highly rated large institution of higher education include Biology, Computer Science, and Hospitality and Tourism Management.

Established in 1890, the University of Chicago is a private research college based in Chicago, Illinois.

Popular majors at this prestigious institution range from Economics, Mathematics and Public Policy Analysis.

Washington University in St. Louis is a private research college in Greater St. Louis.

Popular majors at the institution, founded in 1853, include Computer Science, Finance and Biology.

Founded in 1851, Northwestern is an elite private research college located in Evanston, Illinois.

Popular majors at this educational institution with an extremely competitive admission rate include Economics, Psychology and Journalism.

Duke University is a private research college in Durham, North Carolina, founded by Methodists and Quakers in 1838.

Popular majors at this elite institution include Computer Science, Economics, and Public Policy Analysis.

Established in 1836, Emory University is a private research college based in Atlanta, Georgia.

Among the most popular majors at this elite institution include Business, Nursing and Biology.

Columbia is a private Ivy League research college and the oldest institution of higher education in New York.

Popular majors at this elite institution established in 1754 include Economics, Computer Science, and Political Science and Government.

Founded in 1842, ND is a private research college in Notre Dame, Indiana.

Popular majors at Notre Dame, which reportedly graduates 96 percent of students, include Finance, Economics, and Political Science and Government.

The University of Pennsylvania is a private Ivy League research college in Philadelphia and is considered to be one of the nine colonial colleges chartered before the U.S. Declaration of Independence.

Popular majors to take at this large institution of higher education include Finance, Management Sciences and Information Systems, and Philosophy.

Established in 1861, MIT is a private land-grant research university located in Cambridge, Massachusetts.

The most popular majors at this elite college include Computer Science, Mechanical Engineering and Mathematics.

Princeton is a private Ivy League research college in Princeton, New Jersey and founded in 1746.

Popular majors at this university with a reported 98 percent graduation rate include Computer Science, Economics and Public Policy Analysis.

Regularly ranked among the world's best universities, Stanford is a private research college based in California.

Popular majors at this elite private university include Computer Science, Engineering and Biology.

Yale University is an elite private Ivy League research university in New Haven, Connecticut and the third-oldest institution of higher education in the U.S.

Popular majors at this liberal arts college include Economics, Political Science and Government and History.

Established in 1636 and named for its first benefactor, the Puritan clergyman John Harvard, the private Ivy League research college based in Cambridge, Massachusetts.

With an acceptance rate of just 5 percent, admissions are extremely competitive at Harvard, where popular majors include Economics, Computer Science, and Political Science and Government.

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The 30 Universities With the Largest Endowments - Newsweek

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DuSable Scholars Program aims to increase number of students of color in STEM | UIC Today – UIC Today

In an effort to bolster the number of Black and Latino students studying STEM-related fields, the University of Illinois Chicago has established a merit-based scholarship program within the College of Engineering and College of Liberal Arts and Sciences.

The DuSable Scholars Program identifies and supports talented Black and Latino students, who are often underrepresented in STEM fields, to help them graduate on time in a STEM major at UIC and encourages their matriculation to a research-based STEM graduate program, according to Jeremiah Abiade, director of the program.

The first cohort of the program consists of 19 first-year students who will receive housing as well as food and research stipends. Tuition for these students is being paid for through scholarships and fellowships.

The program is partnering with the DuSable Museum of African American History, said Abiade, associate professor of mechanical and industrial engineering in the UIC College of Engineering.

The program is named after Jean-Baptiste Pointe DuSable, a Haitian-born Black trader who was the first permanent, non-indigenous settler in the area and the recognized founder of Chicago, Abiade told students at a recent program orientation.

The name that we chose for our program, DuSable, was intentional because we want to root this program in the local community of Chicago, and we want to connect this program to the legacy of people who are not often represented in STEM programs at UIC, Abiade said, adding that for much of his career, he was the only Black tenure-track professor in engineering.

He said he expects the DuSable Scholars to be the next generation of leaders in research and teaching. The main features of the DuSable Scholars Program are:

The aim of the four-year program is to help students achieve their academic goals by helping them maintain high academic achievement and provide the research experiences in Chicagos only public research university that would make them competitive and give them the tools and experience to go on to post-graduate work, including Ph.D. programs.

Associate Chancellor and Vice Provost for Diversity Amalia Pallares, who oversees the program as the chief diversity officer on campus, said the program serves to enhance her mission to make the campus even more diverse, equitable and inclusive.

When people ask me, What is your goal for UIC? I say, My goal is for everyone who comes here to be able to reach their potential,' Pallares said.

Joshua Nwonye, a freshman studying biochemistry in the College of Liberal Arts and Sciences who graduated from Hinsdale South High School, said what attracted him initially to the program was the scholarship assistance he will be receiving during his four years at UIC. But he said the final selling point for him was the camaraderie that the program will instill.

I think its going to be really cool to be in touch with other students studying sciences with me and I think its going to be great because we can learn together, grow together and be successful people in the future, Nwonye said.

When Blossom Egbuonu, an Oswego East grad who is a freshman in biochemistry, first heard about the program, what caught her attention was the community she would be part of.

Its nice to have a community of people who are thinking in the same direction as you are as far as a field of study, Egbuonu said. Knowing people who are also going through the same thing as you and having amazing mentors who can also help you along the way and advise you, its nice that you have that.

Kaliah Linear, a freshman studying mechanical engineering in the College of Engineering from Roseville, Minnesota, said what also solidified her decision to attend UIC and move to Chicago was knowing that program mentors include both people of color and women two groups that are underrepresented in STEM fields.

I liked the support aspect of it, knowing that if I come to a big city like Chicago, Ill have support from professionals within STEM who look like me making sure that Im staying in STEM and keeping me encouraged, Linear said.

Shaun Shannon, who graduated from the Sarah E. Goode STEM Academy in Chicago, said what he liked about the program was how it partners with organizations like the DuSable museum and other campus organizations, such as the CHANCE program, the African American Academic Network, the Center for Student Involvement, and the African American Cultural Center.

I didnt know I would be involved with all of the joint organizations this early, said Shannon, a freshman studying computer science in the College of Engineering. What stood out to me with the DuSable Scholars Program was that I would be able to meet with a bunch of people like me and be able to connect with them.

Scholars will participate in curricular and extracurricular activities organized by associate directors Miquel Gonzalez-Meler (biological sciences) and Carmen Lilley (mechanical and industrial engineering) in coordination with Erin OLeary (director, Center for Advancement of Teaching Excellence), Bernard Santarsiero (pharmaceutical sciences), Sue Farruggia (Student Affairs) and Carol Fendt (Learning Sciences Research Institute). Aisha El-Amin (Office of Diversity) will coordinate the parent and community engagement for student support.

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Cardanos Ada Is the Latest Cryptocurrency to Surge. Heres What You Need to Know. – The Wall Street Journal

After a brief hibernation this summer, cryptocurrencies are surging again. And this time, traders are abuzz about Cardanos ada token.

But what is it and how did it become the third-largest cryptocurrency? Here is what you need to know:

Cardano is a decentralized blockchain platform launched in 2017 and spearheaded by Ethereum co-founder Charles Hoskinson. Its self-described mission is to become a more environmentally sustainable and scalable blockchain network, in part by relying less on energy-consuming cryptocurrency miners.

Ada is a digital token, or cryptocurrency. It runs on the Cardano blockchain. It is named for Ada Lovelace, a 19th-century mathematician who is often regarded as the first computer programmer.

In general, altcoinsor alternatives to bitcoinhave been surging lately as individual investors pile back into cryptocurrencies. Cardanos ada token has emerged as a recent favorite in the pack.

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Cardanos Ada Is the Latest Cryptocurrency to Surge. Heres What You Need to Know. - The Wall Street Journal

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Cryptocurrency Investments: Is Buying Bitcoin Investing or Speculating? – Gadgets 360

Bitcoin's soaring popularity and value since its inception in 2009 is a curious case for many investors. Like the Internet boom, cryptocurrency also took only a few years to become a mainstream topic, and it is growing now more than ever. Many investors, as well as professionals, have made cryptocurrency investment a part of their portfolio. But Bitcoin and other cryptocurrencies, unlike fiat currency, aren't a physical asset. These digital currencies do not follow a centralised system and don't rely on banks. Their transactions happen through a decentralised network of computers.

So, are we investing in anything at all? Or are we just speculating some returns that may happen only in the far future?

In 2018, business magnate Warren Buffett had publicly denounced Bitcoin as not an investment. Three years since, the world has seen a lot happening on the cryptocurrency front. On one hand, there are business giants investing in these digital assets. On the other hand, crypto scams have left wreckage behind them.

We should perhaps stop asking whether buying Bitcoin is speculation. Instead, let us focus on the simple rules to follow in the cryptocurrency market for the ones who would like to turn it into a real investment.

1) Long-term or short-term profits

Speculation is when we are engaging in a risky transaction, hoping for a short-term profit. Instead of being a speculator, become a real investor by focussing on long-term goals. It's a thumb rule not to invest an amount that we can't bear losing. Cryptocurrency risks are as real as they can get. So, we should weigh the risks and goals that suit us best.

2) Cryptocurrency quality

It's better to stay away from flashy and risky projects while buying coins. The promise of a quick profit may often leave us hoping for returns for eternity. But if we want to really invest in a coin, we should check the red flags. Profits may not be as quick, but it'll save us in the long run. Bitcoin price in India has increased manifold since its inception.

3) Diversify holdings

Don't put all the eggs in the same basket. Diversify the portfolio, so that, in case a coin fails in the market, all isn't lost. That's better than stocking up on one cryptocurrency and speculating that things get better. Real investment is when we prudently choose a safe ground in a volatile market.

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Cryptocurrency Investments: Is Buying Bitcoin Investing or Speculating? - Gadgets 360

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Buying Bitcoin and Ether Just Got Easier in Honduras With Cryptocurrency ATM Featured Bitcoin News – Bitcoin News

A cryptocurrency ATM has been installed in Honduras where users can buy bitcoin and ether. According to reports, this is the first crypto ATM in the country. Honduras borders El Salvador, where bitcoin is set to become legal tender in a little over a week.

A cryptocurrency ATM launched this week in Honduras, Reuters reported Friday. According to reports, this is the first cryptocurrency ATM in the country. It allows users to buy bitcoin and ethereum using the local lempira currency.

The Republic of Honduras is a country in Central America. It borders El Salvador, the country which passed a law making bitcoin legal tender alongside the U.S. dollar. The law is set to go into effect on Sept. 7.

The cryptocurrency ATM in Honduras, locally called La Bitcoinera, was installed in an office tower in the capital of Tegucigalpa by Honduran firm TGU Consulting Group.

TGU CEO Juan Mayen, the 28-year-old CEO who led the crypto ATM effort, explained that there was no automated way to buy cryptocurrencies until now, stating:

You had to do it peer-to-peer, look for someone who was willing to do it, meet in person and carry x amount of cash, which is very inconvenient and dangerous given the environment in Honduras.

The cryptocurrency ATM tracking website Coinatmradar does not currently list any cryptocurrency ATMs for Honduras.

Mayen said that he hopes to install more cryptocurrency ATMs. He noted that many software developers in the country are already paid in cryptocurrencies, emphasizing that using cryptocurrency will lower the cost of sending remittances.

In 2020, Hondurans living abroad sent $5.7 billion, about 20% of the countrys gross domestic product (GDP), in remittances.

With the upcoming Bitcoin Law going into effect, El Salvador President Nayib Bukele said last week that 200 crypto ATMs are being installed.

Do you think Honduras should have more cryptocurrency ATMs? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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What happens to the cryptocurrency you buy if India decides to ban it – Economic Times

Well, it is not the first time that the Indian government has pondered over banning cryptocurrencies. Initially, in 2013, when bitcoin was launched, the first few years went in hush-hush. The technology was new. This was something that was a store of value with no central authority.

Not only the government but also, enthusiastic investors were speculating how bitcoin will turn out to be. When after the end of 2016, this revolutionary financial asset made noise, the Indian government came to action.

Any government of the world is about authority, power and regulation. And bitcoin, or rather say, cryptocurrency, took that power from the government. There was no bank, no RBI or no scrutiny around your money. You held an asset and you did your investment, you used the money gained and you made sure your investment strategy works for you. There was no advisory, no policymakers, no brainwashing whatsoever. The bitcoin investment grew so much in 2017, that the Indian government had to come into action.

On the same lines, we thought writing letters is the best way to reach farther places. Then boom. The 2000s came and the internet was all over. The communication could be done in milliseconds.

So now let us talk about what we cannot do when there is a ban. When we say the ban, we mean that the transactions between the bank and your crypto exchanges will be stopped. This means that you will not be able to convert your local currency into buying any kind of cryptocurrency. This also means that you will not be able to liquidate your HODLed cryptos and get them encashed. This means, your HODLed cryptocurrency will be on *HODL* for some time more until the ban is uplifted.

But what if you send your cryptos to someone who is not an Indian resident and belongs to a country where crypto is legal. Well, in that case, you can always send your acquired crypto, and get the equivalent INR in your bank. However, this procedure of exit would come at a cost. The foreign exchange cost and penalties would cost you more than the actual exchange fees, had there been no ban in your own country.

But, you still need to identify the catch here. By the above method, we see that the transactions that involve crypto are still possible. No government can ever tame the internet. The government tried to ban PUBG. The gaming community in India identified VPNs that would still make PUBG accessible to them. The government tried banning porn, but anything that is accessible to everyone, or is made available on the cloud, can never be fully tamed. The same goes with the decentralised and open source-based cryptocurrencies as well.

Unocoin is one such platform that lets its user buy, sell and trade 40+ cryptocurrencies. The transactional fees are very nominal as compared to the features that it provides. Unocoin has always respected and abided by the laws set by the government of India and RBI. But it also makes sure it creates a space where the crypto exchanges are smooth. Hence, Unocoin collaborated with Airtm for a cross-platform transaction. With this Unocoin - Airtm collab, any Unocoin user can buy any crypto from either platform in exchange for his/her local fiat currency and via the pairing coin US

It is like entering a bridge, walking on the bridge and reaching the other side of the river. With the USDT acting as a pairing coin or the bridge, the walk from one end to the other and back to the first end is possible.

While there are speculations on the cryptocurrency, the virtual currency enthusiasts know for sure, that these are only the ups and downs that come in their investment plan. India would eventually be a country where there will be no inhibitions over cryptocurrencies, sooner or later.

The writer is Co-founder & CEO of Unocoin Technologies Private Limited

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