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Bill Fulkerson

Why a 400-Year Program of Modernist Thinking is Exploding | naked capitalism - 0 views

www.nakedcapitalism.com/...ernist-thinking-exploding.html

capitalism power society

shared by Bill Fulkerson on 11 Mar 17 - No Cached
  • Bill Fulkerson on 11 Mar 17
     
    " Fearless commentary on finance, economics, politics and power Follow yvessmith on Twitter Feedburner RSS Feed RSS Feed for Comments Subscribe via Email SUBSCRIBE Recent Items Links 3/11/17 - 03/11/2017 - Yves Smith Deutsche Bank Tries to Stay Alive - 03/11/2017 - Yves Smith John Helmer: Australian Government Trips Up Ukrainian Court Claim of MH17 as Terrorism - 03/11/2017 - Yves Smith 2:00PM Water Cooler 3/10/2017 - 03/10/2017 - Lambert Strether Why a 400-Year Program of Modernist Thinking is Exploding - 03/10/2017 - Yves Smith Links 3/10/17 - 03/10/2017 - Yves Smith Why It Will Take a Lot More Than a Smartphone to Get the Sharing Economy Started - 03/10/2017 - Yves Smith CalPERS' General Counsel Railroads Board on Fiduciary Counsel Selection - 03/10/2017 - Yves Smith Another Somalian Famine - 03/10/2017 - Yves Smith Trade now with TradeStation - Highest rated for frequent traders Why a 400-Year Program of Modernist Thinking is Exploding Posted on March 10, 2017 by Yves Smith By Lynn Parramore, Senior Research Analyst at the Institute for New Economic Thinking. Originally published at the Institute for New Economic Thinking website Across the globe, a collective freak-out spanning the whole political system is picking up steam with every new "surprise" election, rush of tormented souls across borders, and tweet from the star of America's great unreality show, Donald Trump. But what exactly is the force that seems to be pushing us towards Armageddon? Is it capitalism gone wild? Globalization? Political corruption? Techno-nightmares? Rajani Kanth, a political economist, social thinker, and poet, goes beyond any of these explanations for the answer. In his view, what's throwing most of us off kilter - whether we think of ourselves as on the left or right, capitalist or socialist -was birthed 400 years ago during the period of the Enlightenment. It's a set of assumptions, a particular way of looking at the world that pushed out previous modes o
Bill Fulkerson

Anatomy of an AI System - 1 views

anatomyof.ai

AI amazon

shared by Bill Fulkerson on 14 Sep 18 - No Cached
  • Bill Fulkerson on 14 Sep 18
     
    "With each interaction, Alexa is training to hear better, to interpret more precisely, to trigger actions that map to the user's commands more accurately, and to build a more complete model of their preferences, habits and desires. What is required to make this possible? Put simply: each small moment of convenience - be it answering a question, turning on a light, or playing a song - requires a vast planetary network, fueled by the extraction of non-renewable materials, labor, and data. The scale of resources required is many magnitudes greater than the energy and labor it would take a human to operate a household appliance or flick a switch. A full accounting for these costs is almost impossible, but it is increasingly important that we grasp the scale and scope if we are to understand and govern the technical infrastructures that thread through our lives. III The Salar, the world's largest flat surface, is located in southwest Bolivia at an altitude of 3,656 meters above sea level. It is a high plateau, covered by a few meters of salt crust which are exceptionally rich in lithium, containing 50% to 70% of the world's lithium reserves. 4 The Salar, alongside the neighboring Atacama regions in Chile and Argentina, are major sites for lithium extraction. This soft, silvery metal is currently used to power mobile connected devices, as a crucial material used for the production of lithium-Ion batteries. It is known as 'grey gold.' Smartphone batteries, for example, usually have less than eight grams of this material. 5 Each Tesla car needs approximately seven kilograms of lithium for its battery pack. 6 All these batteries have a limited lifespan, and once consumed they are thrown away as waste. Amazon reminds users that they cannot open up and repair their Echo, because this will void the warranty. The Amazon Echo is wall-powered, and also has a mobile battery base. This also has a limited lifespan and then must be thrown away as waste. According to the Ay
Bill Fulkerson

It's not all Pepes and trollfaces - memes can be a force for good - The Verge - 0 views

www.theverge.com/...d-behavioral-science-nazi-pepe

memes

shared by Bill Fulkerson on 30 Aug 18 - No Cached
  • Bill Fulkerson on 30 Aug 18
     
    "How the 'emotional contagion' of memes makes them the internet's moral conscience By Allie Volpe Aug 27, 2018, 11:30am EDT Illustration by Alex Castro & Keegan Larwin SHARE Newly single, Jason Donahoe was perusing Tinder for the first time since it started integrating users' Instagram feeds. Suddenly, he had an idea: follow the Instagram accounts of some of the women he'd been interested in but didn't match with on the dating service. A few days later, he considered taking it a step further and direct messaging one of the women on Instagram. After all, the new interface of the dating app seemed to encourage users to explore other areas of potential matches' online lives, so why not take the initiative to reach out? Before he had a chance, however, he came across the profile of another woman whose Tinder photo spread featured a meme with Parks and Recreation character Jean-Ralphio Saperstein (Ben Schwartz) leaning into the face of Ben Wyatt (Adam Scott) with the caption: hey I saw you on Tinder but we didn't match so I found your Instagram you're so beautiful you don't need to wear all that makeup ahah I bet you get a lot of creepy dm's but I'm not like all those other guys message me back beautiful btw what's your snap "I was like, 'Oh shit, wow,'" Donahoe says. Seeing his potential jerk move laid out so plainly as a neatly generalized joke, he saw it in a new light. "I knew a) to be aware of that, and b) to cut that shit out … It prompted self-reflection on my part." THE MOST SUCCESSFUL MEMES STRIKE A CULTURAL CHORD AND CAN GUIDE AND EVEN INFLUENCE BEHAVIOR Donahoe says memes have resonated with him particularly when they depict a "worse, extreme version" of himself. For Donahoe, the most successful memes are more than just jokes. They "strike a societal, cultural chord" and can be a potent cocktail for self-reflection as tools that can guide and even influence behavior. In the months leading up to the 2016 US
Steve Bosserman

Realignment and Legitimacy - 1 views

www.nakedcapitalism.com/...pm-water-cooler-6-12-2018.html

shared by Steve Bosserman on 13 Jun 18 - No Cached
  • “The Constitutional Crisis Is Now” [Robert Reich, The American Prospect]. “If [Trump] refuses to accept the results [the 2020] election, as he threatened to do if he lost the 2016 election, he will have to be forcefully removed from office.” This is lunacy. In 2016, liberal Democrats floated the idea that “faithless electors” in the Electoral College should not appoint Trump — based on information from the “intelligence community” that the public was not allowed to see. From that day to this, liberal Democrats haven’t accepted the results of 2016, which is what the “Clinton won the popular vote” amounts to. Is the inability to look in the mirror a 10%-er deformation professionnelle?
  • “The Democratic Party unraveling is not good for America” [Ed Rogers, WaPo]. “The Democratic Party is not functioning as an umbrella organization or even a coalition. Instead, activists from Tom Steyer to George Soros to Planned Parenthood are operating independently*, doing things a political party otherwise would. These independent actors are pushing pet causes. Traditional party building isn’t one of them. Campaign finance reform and communication technologies have empowered wealthy individuals and collateral groups while at the same time inhibiting parties and individual campaigns. I say this not to kick the Democratic Party while it is down but because I believe in the two-party system…. We need reforms that empower parties and candidates and diminish the influence of deep-pocketed plutocrats and narrowly focused interest groups.” Rogers is a veteran of the Reagan and Bush White Houses, but he’s not wrong. NOTE * Maybe. When you start thinking, it’s hard to know where the boundaries of the Democrat Party really are. For example, are journalists who propagate Brock talking points in the party, or not? My instinct is to say that they are, but how is an institution with fluid boundaries like that to be named and categorized? Or how about an organization like Emily’s List, ostensibly independent, but directing donors only to Democrats? (And Donna Shalala, but not Alexandria Ocasio-Cortez. Or Cynthia Nixon. Or Zephyr Teachout. Really, Emily’s List? Really?)
  • UPDATE “One-time Ohio congressional district candidate arrested while streaming incident live on Facebook” [WHIOTV-7]. This is Sam Ronan, who ran for DNC chair and had good things to say about election rigging. The odd thing about this story, and everything I’ve seen on the Twitter, is that he was arrested at his house, and nobody is saying why the cops were there in the first place. Readers?
  • ...1 more annotation...
  • UPDATE “Maine Supreme Judicial Court rules ranked-choice voting unconstitutional” [Bangor Daily News]. From May, still germane: “In a unanimous, 44-page opinion issued Tuesday, the Maine Supreme Judicial Court’s seven justices agreed with Attorney General Janet Mills, Secretary of State Matthew Dunlap and Republican legislators that the system violates a provision of the Maine Constitution that allows elections to be won by pluralities — and not necessarily majorities — of votes.” The political establishment really, really hates RCV.
  • Bill Fulkerson on 13 Jun 18
     
    "Realignment and Legitimacy "The Constitutional Crisis Is Now" [Robert Reich, The American Prospect]. "If [Trump] refuses to accept the results [the 2020] election, as he threatened to do if he lost the 2016 election, he will have to be forcefully removed from office." This is lunacy. In 2016, liberal Democrats floated the idea that "faithless electors" in the Electoral College should not appoint Trump - based on information from the "intelligence community" that the public was not allowed to see. From that day to this, liberal Democrats haven't accepted the results of 2016, which is what the "Clinton won the popular vote" amounts to. Is the inability to look in the mirror a 10%-er deformation professionnelle? "The Democratic Party unraveling is not good for America" [Ed Rogers, WaPo]. "The Democratic Party is not functioning as an umbrella organization or even a coalition. Instead, activists from Tom Steyer to George Soros to Planned Parenthood are operating independently*, doing things a political party otherwise would. These independent actors are pushing pet causes. Traditional party building isn't one of them. Campaign finance reform and communication technologies have empowered wealthy individuals and collateral groups while at the same time inhibiting parties and individual campaigns. I say this not to kick the Democratic Party while it is down but because I believe in the two-party system…. We need reforms that empower parties and candidates and diminish the influence of deep-pocketed plutocrats and narrowly focused interest groups." Rogers is a veteran of the Reagan and Bush White Houses, but he's not wrong. NOTE * Maybe. When you start thinking, it's hard to know where the boundaries of the Democrat Party really are. For example, are journalists who propagate Brock talking points in the party, or not? My instinct is to say that they are, but how is an institution with fluid boundaries like that to be named and cate
Steve Bosserman

The Revenge of Dial-Up Internet | Fast Forward | OZY - 0 views

www.ozy.com/...75471

internet slow web minimalism

shared by Steve Bosserman on 13 Feb 17 - No Cached
  • But what about Internet users who want to slow down, but their jobs won’t let them? People whose profession revolves around deadlines and time-sensitive material — journalists, bankers and many others — would be up in arms if the Internet slowed down even a split second, admits Carl Honoré, author of In Praise of Slow. “We’re up against the Web industrial complex,” he says, in which even the most well-intentioned businesses are driven by more content, more clicks, more swipes and ultimately getting more people addicted to their product. The Slow Web movement stands at odds with these realities. “That’s the big challenge,” Honoré says, “a kind of detoxification, a relearning of how to use the Web.”
Steve Bosserman

Biology Will Be the Next Great Computing Platform - 0 views

www.wired.com/...-next-great-computing-platform

crispr dna genetics biology

shared by Steve Bosserman on 06 May 18 - No Cached
  • Crispr, the powerful gene-editing tool, is revolutionizing the speed and scope with which scientists can modify the DNA of organisms, including human cells. So many people want to use it—from academic researchers to agtech companies to biopharma firms—that new companies are popping up to staunch the demand. Companies like Synthego, which is using a combination of software engineering and hardware automation to become the Amazon of genome engineering. And Inscripta, which wants to be the Apple. And Twist Bioscience, which could be the Intel
  • They’re betting biology will be the next great computing platform, DNA will be the code that runs it, and Crispr will be the programming language.
  • “Being able to do that in a parallel way is the novel part,” says Paul Dabrowski, who estimates that Synthego cuts down the time it takes for a scientists to perform gene edits from several months to just one.
  • ...2 more annotations...
  • his company’s first move was to release a different gene-editing enzyme called MAD7—you can think of it like a Crispr/Cas9 knockoff, but legal—free for R&D uses. Inscripta will charge a single-digit royalty, far below market standards, to use MAD7 in manufacturing products or therapeutics.
  • We’re trying to get more people into the game now, by democratizing access to this family of enzymes,” he says. It’s a page from the Steve Jobs playbook; get them hooked on the MADzyme platform, down the line sell them personal hardware.
Bill Fulkerson

The next global recession: Why this time it is (really) different - 0 views

flip.it/qTvCaO

collapse markets recession unicorns

shared by Bill Fulkerson on 21 Jan 20 - No Cached
  • Bill Fulkerson on 21 Jan 20
     
    Speaking of unicorns, the author says ..." Their eventual (and unavoidable) collapse may prove to be systemic, dragging down the market, not because of their size (which is insignificant), but because investors will reprice the market, taking the promise of an infinitely more efficient tomorrow out of the equation. Ray Dalio's dark prophecy may just be right: When the "dream companies" fail to deliver on their promise, and the only way for pension funds to make good on the obligations is to chase debt, there might be a moment when investors say "enough" and began pulling their money out of the system, causing massive repricing and a surge in rates."
Steve Bosserman

What smart bees can teach humans about collective intelligence - 0 views

theconversation.com/collective-intelligence-110656

collective responsibility bees collective intelligence collective leadership

shared by Steve Bosserman on 08 Feb 19 - No Cached
  • Why do groups of humans sometimes exhibit collective wisdom and at other times madness? Can we reduce the risk of maladaptive herding and at the same time increase the possibility of collective wisdom?
  • Understanding this apparent conflict has been a longstanding problem in social science. The key to this puzzle could be the way that individuals use information from others versus information gained from their own trial-and-error problem solving. If people simply copy others without reference to their own experience, any idea – even a bad one – can spread. So how can social learning improve our decision making? Striking the right balance between copying others and relying on personal experience is key. Yet we still need to know exactly what the right balance is.
  • Our results suggest that we should be more aware of the risk of maladaptive herding when these conditions – large group size and a difficult problem – prevail. We should take account of not just the most popular opinion, but also other minority opinions. In thinking this way, the crowd can avoid maladaptive herding behaviour. This research could inform how collective intelligence is applied to real-world situations, including online shopping and prediction markets.
  • ...1 more annotation...
  • Stimulating independent thought in individuals may reduce the risk of collective madness. Dividing a group into sub-groups or breaking down a task into small easy steps promotes flexible, yet smart, human “swarm” intelligence. There is much we can learn from the humble bee.
Steve Bosserman

Every future we think of follows one of four narratives - 0 views

qz.com/...follows-one-of-four-narratives

future adaptation narrative history

shared by Steve Bosserman on 26 Nov 18 - No Cached
  • Journalists can’t see the future, but they are able to peer through the lens of history to better understand the present. It’s a founding principle of Retro Report, the co-producer of this series. The future may be starkly different than the present, but it’ll be easier to understand once you uncover its deep continuity with the past. The social and technical transformations we’re currently living through are profound, but this isn’t the first time rapid, singular change has occurred. Before computer networks disrupted our communications, networks of steel rails and grids of artificial light upended our very concepts of space and time, day and night. Subtract trains and light bulbs from a modern city, and how much of it is even left?
  • The future has a history. And the stories we tell about incoming change—the stories we’ve always told about such changes—fall into consistent patterns. Dator gained some of his stature in future studies with his famous observation that predictions about the future—whether they’re coming from a corporate spreadsheet, a church pulpit or Hollywood—all boil down to roughly four scenarios. Growth that keeps going. Transformation upending the past. Collapse of the present order. And  discipline imposed, in some cases, to hold such collapse at bay.
  • “Most people, through their education, and through their acculturation, are locked into a single view of the future. They have never been encouraged to think about these alternatives, or forced to think about them,” Dator says.
Steve Bosserman

A Road Trip Through Rusting and Rising America - The New York Times - 0 views

www.nytimes.com/...usting-and-rising-america.html

communities sustainability work skill development social capital

shared by Steve Bosserman on 25 May 17 - No Cached
  • The big divide in America is not between the coasts and the interior. It’s between strong communities and weak communities. You can find weak ones along the coast and thriving ones in Appalachia, and vice versa. It’s community, stupid — not geography.The communities that are making it share a key attribute: They’ve created diverse adaptive coalitions, where local businesses get deeply involved in the school system, translating in real time the skills being demanded by the global economy.
  • Show me a community that understands today’s world and is working together to thrive within it, and I’ll show you a community on the rise — coastal or interior, urban or rural.
  • What is wrong with America is that too many communities, rural and urban, have broken down. What is right with America is the many communities and regions that are coming together to help their citizens acquire the skills and opportunities to own their own futures. We need to share and scale these success stories.
Steve Bosserman

Chris Hedges: In the Time of Trump, All We Have Is Each Other - Chris Hedges - Truthdig - 0 views

www.truthdig.com/...we_have_is_each_other_20161225

localization distributed processes politics

shared by Steve Bosserman on 26 Dec 16 - No Cached
  • We must begin again. Any hope for a restoration of civil society will come from small, local groups and community organizations. They will begin with the mundane tasks of holding back the expansion of charter schools, enforcing environmental regulations, building farmers markets, fighting for the minimum wage, giving sanctuary to undocumented workers, protesting hate crimes and electing people to local offices who will seek to mitigate the excesses of the state. “We have to reconstitute a civil society,” Schrecker said. “Intermediary institutions like the academy and the media have been hollowed out. Certainly, journalism is on life support. We have to resuscitate organizations and institutions that have atrophied.” “There is an attack on the American mind,” she said. “A lot of what we’re seeing with Trump is the product of 40 years of dumbing down.”
  • We must not become preoccupied with the short-term effects of resistance. Failure is inevitable for many of us. Tyrants have silenced voices of conscience in the past. They will do so again. We will endure by holding fast to our integrity, by building community and by spawning new institutions in the midst of the wreckage. We will sustain each other. Perhaps enough of us will endure to begin again.
Steve Bosserman

The Next System Project, Reconsidered | Grassroots Economic Organizing - 0 views

www.geo.coop/...xt-system-project-reconsidered

grassroots organizing transformation insurgency

shared by Steve Bosserman on 11 Feb 17 - No Cached
  • That is, our situation is much like that of colonized peoples: we can vote for our rulers, but cannot control them; our voices, at times, can be expressed, but can almost always be dismissed or over-ruled; our tax revenues mainly fund military interventions and corporate interests, leaving us to battle with each other over tiny trickle-downs. We are, in effect, walking in the dreams and demands of our captors, doomed to sit like docile passengers, who can only watch as the USA train goes wherever the MIC takes it. Despite the incessant rhetoric of “freedom”, we as a people are unwilling and indeed, unknowing, captives.
Bill Fulkerson

Even if you build it, the poor can't come: against supply-side - Mark R Reiff | Aeon Ideas - 0 views

aeon.co/...-cant-come-against-supply-side

supply demand economics poor

shared by Bill Fulkerson on 05 Jun 18 - No Cached
  • Recent history has shown that we can’t be sure that economic expansion alone will solve our wider economic problems. Almost all of the benefits of economic growth during the past 30 years or so have accrued to the rich, and mostly to the super-rich. Real income for most people has been stagnant or even declined. The new jobs that have been created are mostly temporary, low-wage, no-benefit jobs. Permanent, good-wage jobs with benefits have continued to disappear. Rather than giving money to the rich in these circumstances and hoping that it trickles down to the rest of us, as the supply-siders suggest, it would be better to give money to the poor and middle-class, as the Keynesians suggest. The Keynesian approach, after all, has worked many times in the past. Indeed, it’s how the West emerged from the Great Depression. But most importantly, if for some reason it doesn’t work, at least we will have made the right people better off.
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