BRN Discussion Ongoing

While we are all (very rightly) paying homage to Fact Finder, here is some stuff by FactFinder from his days on hotcrapper.

"In investing there are many things to consider. One is how you can be manipulated. The ‘illusory truth’ effect is very powerful. It works best when it used to convert our normal suspicion and anxiety to its own ends.
Something as innocuous as saying this company is a dud over and over or this company is going back to 38 cents can rob anyone of their reliance upon actual provable facts to make decisions.
The great advantage that AKIDA technology will bring once it achieves the second stage of its planned move to artificial general intelligence and is capable of prediction is that it will unlike us have the ability to ignore “illusory truth” and prevent our manipulation.
Once this occurs there will be a loss of employment opportunities for some but it will be one area where nobody will have any sympathy:
https://en.m.wikipedia.org/wiki/Illusory_truth_effect "

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And, to save FF some time by answering the question "how do you handle the workload from posts on this forum?", on hot crapper he said

"I just read them. The ones with pictures are very annoying as you have to scroll the picture to see if there is something at the bottom of the page.
Again speed reading is a trained ability going back to prosecuting where it was not uncommon to have 200 plus charges in the list you were running each charge having a charge sheet to be checked, facts to be read, criminal antecedents to be considered and other miscellaneous documents. The working day started at 8 am and you needed to read these documents then speak to any police informant if there was a deficiency or you needed more information and be outside the court for 9.30am to speak to any lawyer appearing and get the assembled masses into some order so you could call in those who were unrepresented seeking adjournments after the lawyers had mentioned their matters before going on to the unrepresented pleas and bail applications.
I really understand what Peter van der Made talks about when he talks about key word spotting and pattern recognition. Volume systems work because of patterns. People laugh about standard things Police officers say and write. Well those standard things are patterns. Patterns made my ability to quickly read and pick up what was on a charge sheet - (we had an indictment book with a couple of hundred standard indictments I knew those off by heart as did most prosecutors but they were patterns). Fact sheets were in standard Police pattern speech. Antecedents were in a standard pattern. Even back then Adult Probation Service reports were in standard patterns. References that experienced lawyers would tender were in standard patterns because they knew what a busy court wanted to known about their client. Magistrates back then now judges in Local Courts had their own patterns. If you knew their patterns you could run the court more efficiently.
Familiar posters here on HC have patterns and key words. I have eliminated those who find being abusive or aggressive to other posters because they add nothing to my understanding of BRN.
As a lawyer at my peak I was handing 400 plus current matters. Most lawyers across my primary practice areas had 90 to 150 current matters. My clients never complained it was always about working out patterns and using key words and memory. I never wasted time which probably goes without saying.
There is no magic just a lifetime of practise. AKIDA style technology would have been very useful and could have doubled my output."

Fact Finder is truly an ornament to us all.
Robert Redford Hello GIF by Searchlight Pictures
My goodness I had no idea anyone kept these things.

I was just looking at the other partners with Brainchip and Si and found the following which is a link to the Industrial Partners at Institut de Recherche en Informatique de Toulouse.

So many of their Industrial Partners are names we have been considering is it just a coincidence but even if it is @Yak52 will be rightly excited again because of the world wide spread of Brainchip and its AKIDA Technology solution is likely to reach complete saturation point over the next few months.

I encourage all to open this link and be as amazed as I am, as to how many companies this one environmental project using Brainchip's technological advantage has potentially reached.

The current CEO Sean Hehir announced that they were going to rapidly roll out into universities and research institutions and the companies in this link engaged with just one university in France confirms why this has been made a priority:


My opinion only DYOR
FF

AKIDA BALLISTA
 
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Deleted member 118

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Deena

Regular
Yes I held your view as did my accountant until this past week. I have been too busy with some other things to do my own deep dive as I will in the next few weeks. I would love my accountant to be wrong but even so 15% and 10% capital gains still makes it very attractive.

Look forward to hearing what you find.

FF

AKIDA BALLISTA
OK. This is what I have so far. I have gone to the latest iteration of the Macquarie Bank Little Black Book (for Financial Advisers) under the heading Superannuation - pension phase. Macquarie are very prompt in updating this publication if the legislation changes.

Heading - TRANSFER BALANCE CAP

Impact of earnings
- Earnings subsequently accrued on amounts in retirement phase are NOT counted towards transfer balance cap.

Treatment of Excess
  • If transfer balance account exceeds cap, excess amount plus earnings must be moved back to accumulation of withdrawn as a lump sum
  • Earnings taxed at 15% for all breaches in 2017/18. From 2018/19, earnings taxed at 15% for first breaches and 30% for second and subsequent breaches
  • Excess transfer balance tax levied on individual, not super fund
Comments by Deena - My interpretation is that the important factor is the amount that is transferred to the pension phase which can be up to the transfer balance cap. Note that earnings subsequently accrued in the retirement phase are not counted towards this cap. The treatment of excess refers to the excess if you have put more than you should have as allowed by the cap. So the earnings taking you above the cap are not counted once you have moved to retirement phase provided you have not overstepped the cap when setting it up.

This makes common sense also. Imagine you are invested in a speculative share (clearly not Brainchip), and it goes up in price such that you exceed the cap. You are 'penalised' and then the share price drops again to below the cap. This would be a double whammy and not a very practical outcome. Rioting in the streets comes to mind. :) Note that I have not reproduced the whole of the available information, only that which is relevant.

Cheers, Deena
 
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JK200SX

Regular
Love it when people are worried having more than the 1.7/3.4 million cap in super :)

There's some pretty knowledgeable people on the PropertyChat forums who know are fair bit about this stuff.

 
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Deena

Regular
Love it when people are worried having more than the 1.7/3.4 million cap in super :)
I never thought that we'd be in that position, but Brainchip has made all that possible. We'll be testing that concept at the end of this financial year. And it doesn't seem that long ago that we scraped together $150,000 to start up our SMSF. I'm super glad we didn't stay in our old fund as the SMSF has made it all possible.
Note this is NOT financial advice. Everyone should seek professional advice based on their own individual circumstances.
GLTAH
 
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TasTroy77

Founding Member
Hi Tas. No left KRR on one one of the highs some time back and dropped the options early this year. Better areas to put money into such as ..........

BRN. lol

But this is also my feeling about most ASX stocks currently..............

Yak52
I sold out too
 
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Deleted member 118

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Anyone else remember that in the Rob Telson Brainchip podcast with Edge Impulse they discussed Edge Impulse being engaged in similar projects.

My memory was they mentioned a global tech company being involved but it is awhile ago and so much has happened since.

My opinion only DYOR
FF

AKIDA BALLISTA
I can’t even remember what I had for breakfast

 
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OK. This is what I have so far. I have gone to the latest iteration of the Macquarie Bank Little Black Book (for Financial Advisers) under the heading Superannuation - pension phase. Macquarie are very prompt in updating this publication if the legislation changes.

Heading - TRANSFER BALANCE CAP

Impact of earnings
- Earnings subsequently accrued on amounts in retirement phase are NOT counted towards transfer balance cap.

Treatment of Excess
  • If transfer balance account exceeds cap, excess amount plus earnings must be moved back to accumulation of withdrawn as a lump sum
  • Earnings taxed at 15% for all breaches in 2017/18. From 2018/19, earnings taxed at 15% for first breaches and 30% for second and subsequent breaches
  • Excess transfer balance tax levied on individual, not super fund
Comments by Deena - My interpretation is that the important factor is the amount that is transferred to the pension phase which can be up to the transfer balance cap. Note that earnings subsequently accrued in the retirement phase are not counted towards this cap. The treatment of excess refers to the excess if you have put more than you should have as allowed by the cap. So the earnings taking you above the cap are not counted once you have moved to retirement phase provided you have not overstepped the cap when setting it up.

This makes common sense also. Imagine you are invested in a speculative share (clearly not Brainchip), and it goes up in price such that you exceed the cap. You are 'penalised' and then the share price drops again to below the cap. This would be a double whammy and not a very practical outcome. Rioting in the streets comes to mind. :) Note that I have not reproduced the whole of the available information, only that which is relevant.

Cheers, Deena
The reason I was discussing this with my accountant was because he was ringing around all his clients to update them. He was not looking forward to making the calls.

He knows I am relaxed about these things and never blame him for the way the ATO or Government administer the system. I was his first call. LOL

I will try and find time to ring him and get the ATO reference which he read from in our conversation.

The reality is until you sell BRN you will not crystallise a capital gain and so it will only start to kick in when and if BRN starts paying dividends.

A problem could occur if you need to sell to satisfy your age based minimum draw down requirements.

I personally have never had a problem with paying tax it is actually a privilege of wealth.

My opinion only DYOR
FF

AKIDA BALLISTA
 
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SiConsult! A very good business connection. Think of how many business cases can come from these minds.


@TheUnfairAdvantage I had not heard of SiConsult but have since looked into them

They are into security/surveillance. Luckily BrainChip have this covered too - see below

Maybe Sébastien has let us in on another potential customer/partner in SiConsult?

2ABB34D6-850D-48AE-9071-BFCE22C54A80.jpeg


C488997B-DCD6-460C-B612-385ACFEA738F.jpeg


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Artificial intelligence firm Brainchip wins casino and anti-terrorist deals


BrainChip Studio and Accelerator Highlight Artificial Intelligence for Forensic Object Search and Facial Classification 04.03.2018


 
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Deena

Regular
The reason I was discussing this with my accountant was because he was ringing around all his clients to update them. He was not looking forward to making the calls.

He knows I am relaxed about these things and never blame him for the way the ATO or Government administer the system. I was his first call. LOL

I will try and find time to ring him and get the ATO reference which he read from in our conversation.

The reality is until you sell BRN you will not crystallise a capital gain and so it will only start to kick in when and if BRN starts paying dividends.

A problem could occur if you need to sell to satisfy your age based minimum draw down requirements.

I personally have never had a problem with paying tax it is actually a privilege of wealth.

My opinion only DYOR
FF

AKIDA BALLISTA
I would be very interested in the ATO reference as I have not been able to find anything supporting that view. Thank you for the heads up on that.
Cheers
 
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Exciting technology with incredible scope to benefit humanity even if Brainchip is not involved:


My opinion only DYOR
FF

AKIDA BALLISTA
 
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Diogenese

Top 20
Hi tls,

The ogres have taken a vote on this and decided to abstain. Even though BrainChip Studio was put on the backburner some years ago, it is still probably the most efficient image recognition software available.

It also the quickest way to implement Brainchip's SNN image classification capability without the need to jettison an existing hardware security system.

The counter argument is that Brainchip does not currently list Studio as an available product, so, while the evidence may not reach the "reasonable doubt" standard, "the balance of probabilities" can't exclude the possibility.

1652587908309.png


PS: There is also MetaTF/ADE which should be added to the balance.
 
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Terroni2105

Founding Member
Possible different application avenue? Or maybe just a side project for the R&D team? I like the objectives



🛤️ reducing the risk of collisions with large ungulates (deer, roe deer, wild boar) on road and rail transport infrastructure

🌾 the evaluation of biodiversity conservation systems in agricultural environments (hedge networks, etc.)







View attachment 6648

View attachment 6649


📷 AIoT for biodiversity 🦌

🆕 🎯 How to combine artificial intelligence (#IA) and the Internet of Things (#IoT) for the benefit of #biodiversité? This is the challenge we are tackling alongside two other companies and three French #recherche institutes, by starting an R&D project called Psi-Biom ("Platform #numérique of integrated services for the monitoring of biodiversity by connected objects and modeling").

This project benefits from state funding as part of the Investments for the Future.

🎙️ 🖥️ One of psi-Biom's objectives is to design a technological chain called #AIoT ("Artificial intelligence of things", a combination of artificial intelligence and the Internet of Things) for the monitoring of animal species. It aims to combine the use of #capteurs arranged in nature, capable of collecting photographic and sound data on the presence of #animaux, and the use of AI for the analysis of this data, including the automatic identification of #espèces.

📏 📊 The #technologies developed as part of the Psi-Biom project will enable all actors involved in biodiversity management to better size their actions and monitor their real effectiveness over time. This concerns in particular local authorities, ecological engineering design offices, infrastructure managers, spatial planning operators, or managers of natural areas.

During its implementation, the project will focus particularly on two types of applications:

🛤️ reducing the risk of collisions with large ungulates (deer, roe deer, wild boar) on road and rail transport infrastructure

🌾 the evaluation of biodiversity conservation systems in agricultural environments (hedge networks, etc.)

🤝 ⏩ Our partners in this project are specialized in the design of communicating sensors (BrainChip, SiConsult ), #écologie (Functional Ecology and Environment Laboratory - LEFE), communication systems and data collection (IRIT (Institut de Recherche en Informatique de Toulouse) ), and artificial intelligence (Computer Science and Systems Laboratory - LIS).

The name TerrOiko is the name of a company not an individual person.
Hence, this company TerrOiko is saying Brainchip is their partner (though I think more beneficial AI rather than a revenue raiser). One to add to the list @Fact Finder and the iceberg @BaconLover

Terroiko is located in France and there is an option to translate their website to English.

 
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Bravo

If ARM was an arm, BRN would be its biceps💪!
The name TerrOiko is the name of a company not an individual person.
Hence, this company TerrOiko is saying Brainchip is their partner. One to add to the list @Fact Finder and @MC🐠

Terroiko is located in France and there is an option to translate their website to English.


I thought it was the name of a marinade which is excellent for grilling steak, chicken or pork tenderloin. 🤭
 
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Speculation from facebook
 

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Terroni2105

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Jimmy17

Regular
Has anybody investigated " Tiliter Retail" providing Woolworths with AI scales at the checkout? On the Website it lists Nvidia, also claims Inference at the edge in technical data sheet. I saw what appeared to be a recent news article about new cameras with AI imbedded sensors being rolled out in 600+ Woollies stores.
 
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