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Javier E

The Painful Hunt for Malaysia Airlines Flight 370 - NYTimes.com - 0 views

www.nytimes.com/...or-malaysian-airlines-370.html

data Big Data knowledge malaysia

shared by Javier E on 21 Mar 14 - No Cached
  • Humanity now produces as much data in two days as it did in all of history till the year 2003 — and the amount of data is doubling every two years.
  • In the time you take to read this piece, the human race will generate as much data as currently exists in the Library of Congress.
  • 10 percent of all the pictures ever taken as of the end of 2011 were taken in 2011.
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  • it’s our folly to assume we know very much at all. There’s “a highly objectionable word,” he writes, “which should be removed from our vocabulary in discussions of major events,” and that word is “knew.”
  • Whatever the field of our expertise, most of us realize that the more data we acquire, the less, very often, we know. The universe is not a fixed sum, in which the amount you know subtracts from the amount you don’t.
Javier E

Wikipedia China Becomes Front Line for Views on Language and Culture - NYTimes.com - 1 views

www.nytimes.com/...s-on-language-and-culture.html

china wikipedia language culture

shared by Javier E on 29 Oct 13 - No Cached
  • Wikipedia editors, all volunteers, present opposing views on politics, history and traditional Chinese culture — in essence, different versions of China. Compounding the issue are language differences: Mandarin is the official language in mainland China and Taiwan, while the majority in Hong Kong speak Cantonese. But mainland China uses simplified characters, while Taiwan and Hong Kong use traditional script.
  • users across the region have experienced “some form of cultural shock,” which triggers arguments. “Users from different areas have received different education, and have been influenced by different political ideologies,” Mr. Wong said. “We discovered that the things we learned as a kid were totally different from each other.”
  • Today, the site has five settings: simplified Chinese for mainland China; orthodox Chinese for Taiwan; traditional Chinese for Hong Kong; traditional Chinese for Macau; and simplified Chinese for Singapore and Malaysia.
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  • “This software feature could also be seen as an embodiment of Wikipedia’s neutrality principle, in that it brings together editors from different political systems and enables productive discussion and collaboration between them,”
  • most Internet forums have a parochial focus, but that Chinese Wikipedia offers rare opportunities for all Chinese-speaking people to engage in discussion. “There is some form of integration across the region,” he said. “But that does not mean that mainland China assimilates Taiwan or Hong Kong. Every area stands on the same ground.” He pointed out that the flexible language options put all countries on an equal footing. For example, this year Macau was given its own setting, despite having a population of only 500,000.
  • “There was more bickering in the early days, but the discussion matured at a quick pace after 2009,”
  • “When I first joined the Chinese Wikipedia, I was an ‘angry youth,”’ said Wilson Ye, a 17-year-old Wikipedia editor from Shanghai who started writing entries four years ago. “I was furious when I came across terms like Taiwan and the Republic of China. But after more interactions, I understand how people in Taiwan think, and I become much more tolerant.”
  • Isaac Mao, a fellow at the Berkman Center for Internet and Society at Harvard University, attributed the maturation to the fact that more users are learning what Wikipedia is all about. “It all came back to the ‘five principles’ of Wikipedia, including authenticity, accuracy, neutral point of view and the use of references,” Mr. Mao said. “If there are disagreements over management and editing, people can engage in discussion based on these principles. Such atmosphere has been built up in the Chinese Wikipedia community gradually.”
fischerry

Why English and general knowledge are important | Free Malaysia Today - 0 views

www.freemalaysiatoday.com/...eneral-knowledge-are-important

knowledge education

shared by fischerry on 06 Mar 17 - No Cached
  •  64 2 1 70 Why English and general knowledge are important
  • Proficiency in English is a normal requirement in the private sector, particularly in the tourism industry.
  • Instead of using our diversity as our strength, bigotry has turned it into a weakness. Instead of embracing English to reach out to the world, we have let it slip and are happy to be local champions.
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  • If feelings of superiority are prevalent, there will be no need to learn from others or strive to be better. It will also become much easier to pull others down.
  • fischerry on 06 Mar 17
     
    Language, and embracing english is important, especially in developing countries. Let's spread education.
Javier E

What Is Wrong with the West's Economies? by Edmund S. Phelps | The New York Review of B... - 1 views

www.nybooks.com/...what-wrong-wests-economies

economics theory science

shared by Javier E on 22 Aug 15 - No Cached
  • What is wrong with the economies of the West—and with economics?
  • With little or no effective policy initiative giving a lift to the less advantaged, the jarring market forces of the past four decades—mainly the slowdowns in productivity that have spread over the West and, of course, globalization, which has moved much low-wage manufacturing to Asia—have proceeded, unopposed, to drag down both employment and wage rates at the low end. The setback has cost the less advantaged not only a loss of income but also a loss of what economists call inclusion—access to jobs offering work and pay that provide self-respect.
  • The classical idea of political economy has been to let wage rates sink to whatever level the market takes them, and then provide everyone with the “safety net” of a “negative income tax,” unemployment insurance, and free food, shelter, clothing, and medical care
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  • This failing in the West’s economies is also a failing of economics
  • many people have long felt the desire to do something with their lives besides consuming goods and having leisure. They desire to participate in a community in which they can interact and develop.
  • Our prevailing political economy is blind to the very concept of inclusion; it does not map out any remedy for the deficiency
  • injustice of another sort. Workers in decent jobs view the economy as unjust if they or their children have virtually no chance of climbing to a higher rung in the socioeconomic ladder
  • “Money is like blood. You need it to live but it isn’t the point of life.”4
  • justice is not everything that people need from their economy. They need an economy that is good as well as just. And for some decades, the Western economies have fallen short of any conception of a “good economy”—an economy offering a “good life,” or a life of “richness,” as some humanists call it
  • The good life as it is popularly conceived typically involves acquiring mastery in one’s work, thus gaining for oneself better terms—or means to rewards, whether material, like wealth, or nonmaterial—an experience we may call “prospering.”
  • As humanists and philosophers have conceived it, the good life involves using one’s imagination, exercising one’s creativity, taking fascinating journeys into the unknown, and acting on the world—an experience I call “flourishing.”
  • prospering and flourishing became prevalent in the nineteenth century when, in Europe and America, economies emerged with the dynamism to generate their own innovation.
  • What is the mechanism of the slowdown in productivity
  • prospering
  • In nineteenth-century Britain and America, and later Germany and France, a culture of exploration, experimentation, and ultimately innovation grew out of the individualism of the Renaissance, the vitalism of the Baroque era, and the expressionism of the Romantic period.
  • What made innovating so powerful in these economies was that it was not limited to elites. It permeated society from the less advantaged parts of the population on up.
  • High-enough wages, low-enough unemployment, and wide-enough access to engaging work are necessary for a “good-enough” economy—though far from sufficient. The material possibilities of the economy must be adequate for the nonmaterial possibilities to be widespread—the satisfactions of prospering and of flourishing through adventurous, creative, and even imaginative work.
  • today’s standard economics. This economics, despite its sophistication in some respects, makes no room for economies in which people are imagining new products and using their creativity to build them. What is most fundamentally “wrong with economics” is that it takes such an economy to be the norm—to be “as good as it gets.”
  • ince around 1970, or earlier in some cases, most of the continental Western European economies have come to resemble more completely the mechanical model of standard economics. Most companies are highly efficient. Households, apart from the very low-paid or unemployed, have gone on saving
  • In most of Western Europe, economic dynamism is now at lows not seen, I would judge, since the advent of dynamism in the nineteenth century. Imagining and creating new products has almost disappeared from the continent
  • The bleak levels of both unemployment and job satisfaction in Europe are testimony to its dreary economies.
  • a recent survey of household attitudes found that, in “happiness,” the median scores in Spain (54), France (51), Italy (48), and Greece (37) are all below those in the upper half of the nations labeled “emerging”—Mexico (79), Venezuela (74), Brazil (73), Argentina (66), Vietnam (64), Colombia (64), China (59), Indonesia (58), Chile (58), and Malaysia (56)
  • The US economy is not much better. Two economists, Stanley Fischer and Assar Lindbeck, wrote of a “Great Productivity Slowdown,” which they saw as beginning in the late 1960s.11 The slowdown in the growth of capital and labor combined—what is called “total factor productivity”—is star
  • though the injustices in the West’s economies are egregious, they ought not to be seen as a major cause of the productivity slowdowns and globalization. (For one thing, a slowdown of productivity started in the US in the mid-1960s and the sharp loss of manufacturing jobs to poorer countries occurred much later—from the late 1970s to the early 1990s.) Deeper causes must be at work.
  • The plausible explanation of the syndrome in America—the productivity slowdown and the decline of job satisfaction, among other things—is a critical loss of indigenous innovation in the established industries like traditional manufacturing and services that was not nearly offset by the innovation that flowered in a few new industries
  • hat then caused this narrowing of innovation? No single explanation is persuasive. Yet two classes of explanations have the ring of truth. One points to suppression of innovation by vested interests
  • some professions, such as those in education and medicine, have instituted regulation and licensing to curb experimentation and change, thus dampening innovation
  • established corporations—their owners and stakeholders—and entire industries, using their lobbyists, have obtained regulations and patents that make it harder for new firms to gain entry into the market and to compete with incumbents.
  • The second explanation points to a new repression of potential innovators by families and schools. As the corporatist values of control, solidarity, and protection are invoked to prohibit innovation, traditional values of conservatism and materialism are often invoked to inhibit a young person from undertaking an innovation.
  • ow might Western nations gain—or regain—widespread prospering and flourishing? Taking concrete actions will not help much without fresh thinking: people must first grasp that standard economics is not a guide to flourishing—it is a tool only for efficiency.
  • Widespread flourishing in a nation requires an economy energized by its own homegrown innovation from the grassroots on up. For such innovation a nation must possess the dynamism to imagine and create the new—economic freedoms are not sufficient. And dynamism needs to be nourished with strong human values.
  • a reform of education stands out. The problem here is not a perceived mismatch between skills taught and skills in demand
  • The problem is that young people are not taught to see the economy as a place where participants may imagine new things, where entrepreneurs may want to build them and investors may venture to back some of them. It is essential to educate young people to this image of the economy.
  • It will also be essential that high schools and colleges expose students to the human values expressed in the masterpieces of Western literature, so that young people will want to seek economies offering imaginative and creative careers. Education systems must put students in touch with the humanities in order to fuel the human desire to conceive the new and perchance to achieve innovations
  • This reorientation of general education will have to be supported by a similar reorientation of economic education.
johnsonel7

Coronavirus: The psychology of panic buying - BBC Worklife - 0 views

www.bbc.com/...ate-why-people-are-stockpiling

psychology economics coronavirus

shared by johnsonel7 on 06 Mar 20 - No Cached
  • LLast Saturday afternoon, Kristina Moy decided to swing by her local supermarket in the US city of Seattle to pick up some weekly groceries and supplies for her son’s upcoming baseball tournament. What started as a quick errand turned into a three-hour ordeal, navigating checkout lanes packed with hundreds of shoppers stocking up amid the outbreak of coronavirus.
  • Moy isn’t the only one to experience long queues and empty shelves. Mass demand for rice and instant noodles in Singapore prompted Prime Minister Lee Hsien Loong to assure the public there was enough to go around. In Auckland, New Zealand, supermarket spending shot up 40% last Saturday compared to the same day a year ago. And shoppers in Malaysia wanting to pad “pandemic pantries” – grocery hoards to fill people’s kitchens until the crisis dies down – have driven an 800% increase in weekly hand sanitiser sales. (All of those places have confirmed cases of Covid-19.)
  • With events like looming natural disasters, such as a hurricane or flood, people frequently stock up with emergency supplies. “It is rational to prepare for something bad that looks like it is likely to occur,” says David Savage, associate professor of behavioural and microeconomics at the University of Newcastle in Australia, who’s written about the rationality behind stocking up in a crisis. However: “It is not rational to buy 500 cans of baked beans for what would likely be a two-week isolation period.”
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  • Irrational stockpiling can also lead to price gouging, says Steven Taylor, a professor and clinical psychologist at the University of British Columbia, and the author of The Psychology of Pandemics. “If the price of a roll of toilet paper is tripled, that’s seen as a scarcer commodity to acquire, which can lead to anxiety,” he says.
  • Panic buying, Taylor says, is fuelled by anxiety, and a willingness to go to lengths to quell those fears: like queueing for hours or buying way more than you need. We’ve seen this before throughout history. Back in 1962 during the Cuban missile crisis, when nuclear war seemed imminent, American families filled their basements with enough canned goods and bottled water to survive an atomic blast.
  • “But for many people, hand-washing seems to be too ordinary. This is a dramatic event, therefore a dramatic response is required, so that leads to people throwing money at things in hopes of protecting themselves.”
  • “Panic is a subjective, emotional state, and mostly what we can observe is the behaviour,” says Oppenheim. “Maybe someone reads articles or a couple of tweets about supply chain disruptions in China and mask shortages in Hong Kong, and then makes a very reasoned decision to stock up on masks just in case. All we can infer from the purchasing is the timing, so it could look panicky even if it's well thought through.”
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