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Odds are that your bank balance is…

From Technology Review:

A computer chip that performs calculations using probabilities, instead of binary logic, could accelerate everything from online banking systems to the flash memory in smart phones and other gadgets.

Rewriting some fundamental features of computer chips, Lyric Semiconductor has unveiled its first “probability processor,” a silicon chip that computes with electrical signals that represent chances, not digital 1s and 0s.

“We’ve essentially started from scratch,” says Ben Vigoda, CEO and founder of the Boston-based startup. Vigoda’s PhD thesis underpins the company’s technology. Starting from scratch makes it possible to implement statistical calculations in a simpler, more power efficient way, he says…

Read the full story here.

As we remind ourselves that dealing with our banks was already a crap-shoot, we might recall that it was on this date in 79 CE, the feast day of Vulcan, the Roman god of fire, that Mount Vesuvius began to stir– in preparation for the eruption that, two days later, destroyed the cities of Pompeii and Herculaneum.

Fresco of Bacchus and Agathodaemon with Mount Vesuvius, as seen in Pompeii’s House of the Centenary (source)

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