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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
Steve Bosserman

Are we living in a post-truth era? Yes, but that's because we're a post-truth species. - 0 views

ideas.ted.com/ause-were-a-post-truth-species

mythology religion fake news post-truth storytelling

shared by Steve Bosserman on 08 Feb 19 - No Cached
  • A cursory look at history reveals that propaganda and disinformation are nothing new. In fact, humans have always lived in the age of post-truth. Homo sapiens is a post-truth species, who conquered this planet thanks above all to the unique human ability to create and spread fictions. We are the only mammals that can cooperate with numerous strangers because only we can invent fictional stories, spread them around, and convince millions of others to believe in them. As long as everybody believes in the same fictions, we all obey the same laws and can thereby cooperate effectively.
  • The truth is, truth has never been high on the agenda of Homo sapiens. If you stick to unalloyed reality, few people will follow you. False stories have an intrinsic advantage over the truth when it comes to uniting people. If you want to gauge group loyalty, requiring people to believe an absurdity is a far better test than asking them to believe the truth. If the chief says the sun rises in the west and sets in the east, only true loyalists will clap their hands. Similarly, if all your neighbors believe the same outrageous tale, you can count on them to stand together in times of crisis. If they are willing to believe only accredited facts, what does that prove?
  • Yet the difference between holy books and money is far smaller than it might seem. When most people see a dollar bill, they forget that it is just a human convention. As they see the green piece of paper with the picture of the dead white man, they see it as something valuable in and of itself. They hardly ever remind themselves, “Actually, this is a worthless piece of paper, but because other people view it as valuable, I can make use of it.” If you observed a human brain in an fMRI scanner, you would see that as someone is presented with a suitcase full of hundred-dollar bills, the parts of the brain that start buzzing with excitement are not the skeptical parts but the greedy parts. Conversely, in the vast majority of cases people begin to sanctify the Bible or the Vedas only after long and repeated exposure to others who view it as sacred. We learn to respect holy books in exactly the same way we learn to respect paper currency.
  • ...3 more annotations...
  • Humans have a remarkable ability to know and not know at the same time. Or, more correctly, they can know something when they really think about it, but most of the time they don’t think about it, so they don’t know it. If you really focus, you realize that money is fiction. But you usually don’t think about it. If you are asked about it, you know that soccer is a human invention. But in the heat of a match, nobody asks. If you devote the time and energy, you can discover that nations are elaborate yarns. But in the midst of a war, you don’t have the time and energy.
  • Truth and power can travel together only so far. Sooner or later they go their separate paths. If you want power, at some point you will have to spread fictions. If you want to know the truth about the world, at some point you will have to renounce power. You will have to admit things — for example, about the sources of your own power — that will anger allies, dishearten followers, or undermine social harmony.
  • As a species, humans prefer power to truth. We spend far more time and effort on trying to control the world than on trying to understand it — and even when we try to understand it, we usually do so in the hope that understanding the world will make it easier to control it. If you dream of a society in which truth reigns supreme and myths are ignored, you have little to expect from Homo sapiens. Better to try your luck with chimps.
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
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
Steve Bosserman

The Boundary Between Our Bodies and Our Tech - Pacific Standard - 0 views

psmag.com/...etween-our-bodies-and-our-tech

identity self boundaries brain-machine interface

shared by Steve Bosserman on 28 Nov 18 - No Cached
  • At the beginning of his recent book, The Internet of Us, Lynch uses a thought experiment to illustrate how thin this boundary is. Imagine a device that could implant the functions of a smartphone directly into your brain so that your thoughts could control these functions. It would be a remarkable extension of the brain's abilities, but also, in a sense, it wouldn't be all that different from our current lives, in which the varied and almost limitless connective powers of the smartphone are with us nearly 100 percent of the time, even if they aren't—yet—a physiological part of us.
  • The debate over what it means for us to be so connected all the time is still in its infancy, and there are wildly differing perspectives on what it could mean for us as a species. One result of these collapsing borders, however, is less ambiguous, and it's becoming a common subject of activism and advocacy among the technologically minded. While many of us think of the smartphone as a portal for accessing the outside world, the reciprocity of the device, as well as the larger pattern of our behavior online, means the portal goes the other way as well: It's a means for others to access us.
  • "This is where the fundamental democracy deficit comes from: You have this incredibly concentrated private power with zero transparency or democratic oversight or accountability, and then they have this unprecedented wealth of data about their users to work with," Weigel says. "We've allowed these private companies to take over a lot of functions that we have historically thought of as public functions or social goods, like letting Google be the world's library. Democracy and the very concept of social goods—that tradition is so eroded in the United States that people were ready to let these private companies assume control."
  • ...1 more annotation...
  • Lynch, the University of Connecticut philosophy professor, also believes that one of our best hopes comes from the bottom up, in the form of actually educating people about the products that they spend so much time using. We should know and be aware of how these companies work, how they track our behavior, and how they make recommendations to us based on our behavior and that of others. Essentially, we need to understand the fundamental difference between our behavior IRL and in the digital sphere—a difference that, despite the erosion of boundaries, still stands."Whether we know it or not, the connections that we make on the Internet are being used to cultivate an identity for us—an identity that is then sold to us afterward," Lynch says. "Google tells you what questions to ask, and then it gives you the answers to those questions."
Steve Bosserman

The wealth of our collective data should belong to all of us | Chris Hughes - 0 views

www.theguardian.com/...ook-google-data-tax-regulation

data mining

shared by Steve Bosserman on 28 Apr 18 - No Cached
  • Nearly every moment of our lives, we’re producing data about ourselves that companies profit from. Our smartwatches know when we wake up, Alexa listens to our private conversations, our phones track where we go, Google knows what we email and search, Facebook knows what we share with friends, and our loyalty cards remember what we buy. We share all this data about ourselves because we like the services these companies provide, and business leaders tell us we must to make it possible for those services to be cheap or free.
  • We should not only expect that these companies better protect our data – we should also ensure that everyone creating it shares in the economic value it generates. One person’s data is worth little, but the collection of lots of people’s data is what fuels the insights that companies use to make more money or networks, like Facebook, that marketers are so attracted to. Data isn’t the “new oil”, as some have claimed: it isn’t a non-renewable natural resource that comes from a piece of earth that a lucky property owner controls. We have all pitched in to create a new commonwealth of information about ourselves that is bigger than any single participant, and we should all benefit from it.
  • The value of our data has a lot in common with the value of our labor: a single individual worker, outside of the rarest professions, can be replaced by another with similar skills. But when workers organize to withhold their labor, they have much more power to ensure employers more fairly value it. Just as one worker is an island but organized workers are a force to be reckoned with, the users of digital platforms should organize not only for better protection of our data, but for a new contract that ensures everyone shares in the historic profits we make possible.
  • ...2 more annotations...
  • A data dividend would be a powerful way to rebalance the American economy, which currently makes it possible for a very small number of people to get rich while everyone else struggles to make ends meet.
  • A data dividend on its own would not be enough to stem growing income inequality, but it would create a universal benefit that would guarantee people benefit from the collective wealth our economy is creating more than they do today. If paired with fairer wages, more progressive taxation, and stricter enforcement of monopoly and monopsony power, it could help us turn the corner and create a country where we take care of one another and ensure that everyone has basic economic security.
Bill Fulkerson

Our Machines Now Have Knowledge We'll Never Understand - 1 views

backchannel.com/-never-understand-857a479dcc0e

philosophy AI

shared by Bill Fulkerson on 19 Apr 17 - No Cached
  • Steve Bosserman on 19 Apr 17
     
    "Since we first started carving notches in sticks, we have used things in the world to help us to know that world. But never before have we relied on things that did not mirror human patterns of reasoning - we knew what each notch represented - and that we could not later check to see how our non-sentient partners in knowing came up with those answers. If knowing has always entailed being able to explain and justify our true beliefs - Plato's notion, which has persisted for over two thousand years - what are we to make of a new type of knowledge, in which that task of justification is not just difficult or daunting but impossible?"
Steve Bosserman

What happens when libertarians try to build a new society? | Aeon Essays - 0 views

aeon.co/...ans-try-to-build-a-new-society

libertarianism politics anarchism freedom

shared by Steve Bosserman on 29 Oct 18 - No Cached
  • To get a better handle on what sort of libertarianism was at play at Liberty Forum, I asked attendees what their ideal society would look like. The answer, for the most part, was that it would be completely different from the world we know. Drugs and prostitution would be legal. Education and medical care would be market commodities or gifts. In the absence of government support, individuals would be forced to help each other. Without liability protection or the ability to lobby for favours from the state, corporations as we know them would disappear in favour of smaller, more dynamic companies. The vision is so distant and theoretical that even Déjacque-style anarchists and Cato-esque reformers can work side by side in the same movement.
Bill Fulkerson

Should I Major in the Humanities? - The Atlantic - 0 views

www.theatlantic.com/...567565

humanities education

shared by Bill Fulkerson on 27 Aug 18 - No Cached
  • Bill Fulkerson on 27 Aug 18
     
    "Right now, the biggest impediment to thinking about the future of the humanities is that, thanks to this entrenched narrative of decline-because we've been crying wolf for so long-we already think we know what's going on. The usual suspects-student debt, postmodern relativism, vanishing jobs-are once again being trotted out. But the data suggest something far more interesting may be at work. The plunge seems not to reflect a sudden decline of interest in the humanities, or any sharp drop in the actual career prospects of humanities majors. Instead, in the wake of the 2008 financial crisis, students seem to have shifted their view of what they should be studying-in a largely misguided effort to enhance their chances on the job market. And something essential is being lost in the process."
Bill Fulkerson

Millennials Are Done with US Domination of World Affairs | naked capitalism - 0 views

www.nakedcapitalism.com/...-domination-world-affairs.html

millennials capitalism world

shared by Bill Fulkerson on 03 Aug 18 - No Cached
  • Bill Fulkerson on 03 Aug 18
     
    "As readers know, I'm very dubious about assigning agency to generational cohorts like "Millennials," or "Boomers." Where, after all, are their offices on K Street? And if the Powers That Be need to find enough "Millennials" willing to help them continue their project of world domination, that they will do. However, it does seem that the the series of military debacles following the invasion of Iraq has dented our sense of American Exceptionalism, and has begun to shape public opinion - for the better, so far as I am concerned. A cautionary note would be "Millennial" support for globalization (which has, after all, brought us the iPhone, along with the figure of the selfie-taking backpacker). If I were a nimble 1%-er, I'd be perfectly happy to discard American Exceptionalism as an ideology, as long as I could control the global supply chain (and had a high-altitude, remote pied-a-terre from which to manage the free movement of my capital)."
Bill Fulkerson

Behind The Magical Thinking | Center for a New American Security - 0 views

www.cnas.org/...behind-the-magical-thinking

drones

shared by Bill Fulkerson on 02 Aug 18 - No Cached
  • Bill Fulkerson on 02 Aug 18
     
    "Drones' greatest attraction for the national security world is that they create options where there were none - or none at a cost policymakers feel comfortable with. With a public tired of large scale military interventions, drones and other approaches that gave the U.S. options to study or intervene against security challenges in a low profile, low risk way fit perfectly into the Obama administration's comfort zone. These platforms came to symbolize and enable much of the Obama national security team's approach. But the enthusiastic embrace of drone technology, particularly in counterterrorism, left some former Obama officials questioning whether they'd been clutching a Pandora's box they should have opened more deliberately. Overall, such "light footprint" strategies generate enduring disagreements about their efficacy, risk, and oversight. Unlike any other recent military platform, drones in particular engender strong emotion - hope, revulsion, overconfidence, demonization - and magical thinking, even among those who know them best. And the attributes that make them so compelling - that they are precise, remote, sensing, and unmanned - may sometimes be too reassuring."
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