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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."
Steve Bosserman

There is no difference between computer art and human art | Aeon Ideas - 0 views

  • In industry, there is blunt-force algorithmic tension – ‘Efficiency, capitalism, commerce!’ versus ‘Robots are stealing our jobs!’ But for algorithmic art, the tension is subtler. Only 4 per cent of the work done in the United States economy requires ‘creativity at a median human level’, according to the consulting firm McKinsey and Company. So for computer art – which tries explicitly to zoom into this small piece of that vocational pie – it’s a question not of efficiency or equity, but of trust. Art requires emotional and phrenic investments, with the promised return of a shared slice of the human experience. When we view computer art, the pestering, creepy worry is: who’s on the other end of the line? Is it human? We might, then, worry that it’s not art at all.
  • But the honest-to-God truth, at the end of all of this, is that this whole notion is in some way a put-on: a distinction without a difference. ‘Computer art’ doesn’t really exist in an any more provocative sense than ‘paint art’ or ‘piano art’ does. The algorithmic software was written by a human, after all, using theories thought up by a human, using a computer built by a human, using specs written by a human, using materials gathered by a human, at a company staffed by humans, using tools built by a human, and so on. Computer art is human art – a subset rather than a distinction. It’s safe to release the tension.
Steve Bosserman

As Republicans Deny Climate Change, the UN Says it Could Cost the World $2 Trillion - 0 views

  • The research indicates worldwide losses in productivity could be as high as 40% by 2050 if climate change is not stymied. 
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    An alternative is to have machines pick up the slack on productivity and share the gain with the people displaced so their work week shortens and their quality of life increases.
Steve Bosserman

Social Network Algorithms Are Distorting Reality By Boosting Conspiracy Theories | Co.E... - 0 views

  • Social platforms—in their effort to keep users continually engaged (and targeted with relevant ads)—are designed to surface what’s popular and trending, whether it’s true or not. Since nearly half of web-using adults now get their news from Facebook in any given week, what counts as "truth" on our social platforms matters. When nonsense stories gain traction, they’re extremely difficult to correct. And stories jump from platform to platform, reaching new audiences and "going viral" in ways and at speeds that were previously impossible.
Steve Bosserman

Invasion of the hedge fund almonds - 0 views

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    It takes a gallon of water to produce one almond. And that's not the most insane fact about the mad dash to plant the thirsty trees in the middle of a catastrophic drought.
Steve Bosserman

Changing the Narrative - Acumen: Ideas - Medium - 0 views

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    There are 2.5 billion people on earth without access to a toilet. That is one in three of us. When we hear the statistic, it can sound so big as to be overwhelming. Or at least impossible to solve. We'd prefer not to think about what it means. We throw up our hands. We look away.
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