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Bill Fulkerson

Investment Implications of the Rise of the New Lumpenproletariat and Political Shocks |... - 0 views

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    "Yves here. It's gratifying to see an article that uses as a central observation something we've pointed out: the first two generations of the Industrial Revolution led to a decline in living standards of most laborers, particularly in England. This piece looks at the parallels between the past industrial revolutions and the post-industrial revolution now underway, and anticipates that the results will include deglobalzation and more political shocks."
Bill Fulkerson

Inequality and Ordinary Living Standards in Rich Countries | naked capitalism - 0 views

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    "This has fundamental implications for how one thinks about current challenges. Globalisation and technological change are often portrayed as exogenous forces sweeping across the rich countries, inexorably driving up inequality and forcing workers to accept wage stagnation (and often less security) if they are to hold on to their jobs. Instead, the variation in country experiences shows how much institutions and policy responses matter to how these forces - themselves subject to human agency rather than God-given - play out in the job market and affect household disposable incomes. Wage-setting institutions clearly have a critical influence. The Belgian combination of wages indexed to inflation, collective agreements covering most workers, and a high minimum wage underpinned significant wage growth across the distribution. In Australia, the extension of collectively negotiated employment terms and conditions over much of the work force, together with a very high minimum wage, play a key role. By contrast, the remarkably poor earnings performance of the UK over the last decade is in a context where wage bargaining has become individualised."
Bill Fulkerson

Anatomy of an AI System - 1 views

shared by Bill Fulkerson on 14 Sep 18 - No Cached
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    "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

Big data analysis finds cancer's key vulnerabilities - 0 views

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    Thousands of different genetic mutations have been implicated in cancer, but a new analysis of almost 10,000 patients found that regardless of the cancer's origin, tumors could be stratified in only 112 subtypes and that, within each subtype, the Master Regulator proteins that control the cancer's transcriptional state were virtually identical, independent of the specific genetic mutations of each patient.
Bill Fulkerson

The misunderstood limits of folk science: an illusion of explanatory depth - 0 views

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    People feel they understand complex phenomena with far greater precision, coherence, and depth than they really do; they are subject to an illusion-an illusion of explanatory depth. The illusion is far stronger for explanatory knowledge than many other kinds of knowledge, such as that for facts, procedures or narratives. The illusion for explanatory knowledge is most robust where the environment supports real-time explanations with visible mechanisms. We demonstrate the illusion of depth with explanatory knowledge in Studies 1-6. Then we show differences in overconfidence about knowledge across different knowledge domains in Studies 7-10. Finally, we explore the mechanisms behind the initial confidence and behind overconfidence in Studies 11 and 12. Implications for the roles of intuitive theories in models of concepts and cognition are discussed.
Bill Fulkerson

Age-dependent effects in the transmission and control of COVID-19 epidemics | Nature Me... - 0 views

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    , we disentangle the relative contributions of three potential drivers of the observed distribution of clinical cases by age. We present a summary of the main findings, limitations and implications of
Bill Fulkerson

Rebuilding soil microbiomes in high-tunnel agricultural systems focus of study - 0 views

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    Their research findings have important implications for soil fertility, and by extension, crop health and yield, explained Laura Kaminsky, a doctoral candidate in plant pathology, who led the investigation under the guidance of Terrence Bell, assistant professor of phytobiomes.
Bill Fulkerson

Geographical fragmentation of the global network of Twitter communications: Chaos: An I... - 0 views

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    The introduction of the Internet rapidly enabled unprecedented global connectivity. In about two decades, communication became instantaneous, affordable, and independent of physical barriers. People, however, do not seem to be communicating with each other homogeneously. Online communication networks appear to be polarized and echo-chambers are manifesting for political1-5 and non-political6-9 reasons. Understanding the emergent structure of information flows on the Internet and its implications for the complexity of society is a challenge for scientists and technology developers. Mapping the organization of social systems is crucial for effective policy making involving ethnic groups10 as well as economic growth.11
Bill Fulkerson

First direct evidence of ocean mixing across the Gulf Stream - 0 views

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    New research provides the first direct evidence for the Gulf Stream blender effect, identifying a new mechanism of mixing water across the swift-moving current. The results have important implications for weather, climate and fisheries because ocean mixing plays a critical role in these processes. The Gulf Stream is one of the largest drivers of climate and biological productivity from Florida to Newfoundland and along the western coast of Europe.
Steve Bosserman

The Pentagon's 'Terminator Conundrum': Robots That Could Kill on Their Own - The New Yo... - 0 views

  • Almost unnoticed outside defense circles, the Pentagon has put artificial intelligence at the center of its strategy to maintain the United States’ position as the world’s dominant military power. It is spending billions of dollars to develop what it calls autonomous and semiautonomous weapons and to build an arsenal stocked with the kind of weaponry that until now has existed only in Hollywood movies and science fiction, raising alarm among scientists and activists concerned by the implications of a robot arms race.
Steve Bosserman

How Universities Are Increasingly Choosing Capitalism Over Education | naked capitalism - 0 views

  • Mounting student debt and fading job prospects are reflected in stagnating enrollments in higher education, intensifying the financial difficulties of universities and indeed exacerbating the overall economic malaise.[1] The growing cost of universities has led recently to the emergence of Massive Online Open Courses whose upfront costs to students are nil, which further puts into doubt the future of traditional colleges and universities. These so-called MOOCs, delivered via the internet, hold out the possibility, or embody the threat, of doing away with much of the expensive labor and fixed capital costs embodied in existing university campuses. Clearly the future of higher education hangs in the balance with important implications for both American politics and economic life.
Steve Bosserman

Tiny Lab-Grown 'Brains' Raise Big Ethical Questions - 0 views

  • These clusters of living brain cells are popularly known as minibrains, though scientists prefer to call them cerebral organoids. At the moment, they remain extremely rudimentary versions of an actual human brain and are used primarily to study brain development and disorders like autism.
  • But minibrain research is progressing so quickly that scientists need to start thinking about the potential implications now, says Nita Farahany, a professor of law and philosophy at Duke University and the director of Duke Science and Society.
  • "If you're talking about something like schizophrenia or autism, if you want to model those things, it is difficult to do so with animal models and it is ethically impossible in many instances to do so with living humans," She says. But it is possible to grow a minibrain from cells with genetic mutations associated with like autism and watch how it develops.
Bill Fulkerson

cyber - 0 views

shared by Bill Fulkerson on 15 Jul 19 - No Cached
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