Skip to main content

Home/ TOK Friends/ Group items tagged skepticism

Rss Feed Group items tagged

Javier E

Opinion | Grifters Gone Wild - The New York Times - 0 views

  • Silicon Valley has always had “a flimflam element” and a “fake it ’til you make it” ethos, from the early ’80s, when it was selling vaporware (hardware or software that was more of a concept or work in progress than a workable reality).
  • “We’ve been lionizing and revering these young tech entrepreneurs, treating them not just like princes and princesses but like heroes and icons,” Carreyrou says. “Now that there’s a backlash to Silicon Valley, it will be interesting to see if we reconsider this view that just because you made a lot of money doesn’t necessarily mean that you’re a role model for boys and girls.”
  • Jaron Lanier, the scientist and musician known as the father of virtual reality, has a new book out, “Ten Arguments for Deleting Your Social Media Accounts Right Now.” He says that the business plans of Facebook and Google have served to “elevate the role of the con artist to be central in society.”
  • ...5 more annotations...
  • “Anytime people want to contact each other or have an awareness of each other, it can only be when it’s financed by a third party who wants to manipulate us, to change us in some way or affect how we vote or what we buy,” he says. “In the old days, to be in that unusual situation, you had to be in a cult or a volunteer in an experiment in a psychology building or be in an abusive relationship or at a bogus real estate seminar.
  • “We don’t believe in government,” he says. “A lot of people are pissed at media. They don’t like education. People who used to think the F.B.I. was good now think it’s terrible. With all of these institutions the subject of ridicule, there’s nothing — except Skinner boxes and con artists.”
  • “But now you just need to sign onto Facebook to find yourself in a behavior modification loop, which is the con. And this may destroy our civilization and even our species.”
  • As Maria Konnikova wrote in her book, “The Confidence Game,” “The whirlwind advance of technology heralds a new golden age of the grift. Cons thrive in times of transition and fast change” when we are losing the old ways and open to the unexpected.
  • now narcissistic con artists are dominating the main stage, soaring to great heights and spectacularly exploding
Javier E

Yes, Economics Is a Science - The New York Times - 0 views

  • if you ask three economists a question, you’ll get three different answers.
  • What kind of science, people wondered, bestows its most distinguished honor on scholars with opposing ideas?
  • the Nobel Memorial Prize in Economic Science was awarded to three economists, two of whom, Robert J. Shiller of Yale and Eugene F. Fama of the University of Chicago, might be seen as having conflicting views about the workings of financial markets. At first blush, Mr. Shiller’s thinking about the role of “irrational exuberance” in stock markets and housing markets appears to contradict Mr. Fama’s work showing that such markets efficiently incorporate news into prices.
  • ...7 more annotations...
  • But the headline-grabbing differences between the findings of these Nobel laureates are less significant than the profound agreement in their scientific approach to economic questions, which is characterized by formulating and testing precise hypotheses
  • I’m troubled by the sense among skeptics that disagreements about the answers to certain questions suggest that economics is a confused discipline, a fake science whose findings cannot be a useful basis for making policy decisions.
  • It is true that the answers to many “big picture” macroeconomic questions — like the causes of recessions or the determinants of growth — remain elusive.
  • As is the case with epidemiologists, the fundamental challenge faced by economists — and a root cause of many disagreements in the field — is our limited ability to run experiments
  • economists have recently begun to overcome these challenges by developing tools that approximate scientific experiments to obtain compelling answer
  • Other economic studies have taken advantage of the constraints inherent in a particular policy to obtain scientific evidence
  • Even when such experiments are unfeasible, there are ways to use “big data” to help answer policy questions
sandrine_h

How to Defeat Those Who Are Waging War on Science - Scientific American Blog Network - 0 views

  • new language of this war—a subtle, yet potentially damaging form of science skepticism
  • The systematic use of so-called “uncertainty” surrounding well-established scientific ideas has proven to be a reliable method for manipulating public perception and stalling political action.
  • Make no mistake: the War on Science is going to affect you, whether you are a scientist or not. It is going to affect everything—ranging from the safety of the food we eat, the water we drink, the air we breathe, and the kind of planet we live on.
  • ...8 more annotations...
  • The reality is that science touches everything we do, and everyone we love
  • Do we want to be the America that embraces science and the pursuit of knowledge to advance our health, safety, prosperity, and security, making America the leader of the civilized world? Or do want America to mimic failed regimes of the past, where knowledge and science were deliberately suppressed to benefit a few, to funnel more profits into dying industries, and placate the prejudices of a mob
  • Traditionally, scientists have been coached to steer clear of the political fray. But if the past few weeks have taught us anything, it’s that now is the time for a quantum leap of political relevance.
  • You cannot isolate science from politics, or politics from science
  • That is precisely why scientists shouldn’t shy away from engaging in political conversations. Now more than ever, it is necessary to be participating in them
  • At the very least, we all share a deeply-held fascination with our natural world. The search for meaning, the understanding of something bigger than ourselves, is of universal significance.
  • In today’s world, facts alone are not enough to win debates, let alone people’s hearts and minds. Research shows that increasing scientific knowledge can often deepen the divide between people on polarizing issues. “Individuals subconsciously resist factual information that threatens their defining values,” a recent study points out
  • America has a choice to make. A choice between advancing civilization or bringing it down. A choice between knowledge and chaos. Now, everyone must choose which side they are on.
Javier E

Artificial intelligence is ripe for abuse, tech executive warns: 'a fascist's dream' | ... - 0 views

  • “Just as we are seeing a step function increase in the spread of AI, something else is happening: the rise of ultra-nationalism, rightwing authoritarianism and fascism,” she said.
  • All of these movements have shared characteristics, including the desire to centralize power, track populations, demonize outsiders and claim authority and neutrality without being accountable. Machine intelligence can be a powerful part of the power playbook, she said.
  • “We should always be suspicious when machine learning systems are described as free from bias if it’s been trained on human-generated data,” Crawford said. “Our biases are built into that training data.
  • ...9 more annotations...
  • Another area where AI can be misused is in building registries, which can then be used to target certain population groups. Crawford noted historical cases of registry abuse, including IBM’s role in enabling Nazi Germany to track Jewish, Roma and other ethnic groups with the Hollerith Machine, and the Book of Life used in South Africa during apartheid.
  • Donald Trump has floated the idea of creating a Muslim registry. “We already have that. Facebook has become the default Muslim registry of the world,
  • Crawford was concerned about the potential use of AI in predictive policing systems, which already gather the kind of data necessary to train an AI system. Such systems are flawed, as shown by a Rand Corporation study of Chicago’s program. The predictive policing did not reduce crime, but did increase harassment of people in “hotspot” areas
  • research from Cambridge University that showed it is possible to predict people’s religious beliefs based on what they “like” on the social network. Christians and Muslims were correctly classified in 82% of cases, and similar results were achieved for Democrats and Republicans (85%). That study was concluded in 2013,
  • Another worry related to the manipulation of political beliefs or shifting voters, something Facebook and Cambridge Analytica claim they can already do. Crawford was skeptical about giving Cambridge Analytica credit for Brexit and the election of Donald Trump, but thinks what the firm promises – using thousands of data points on people to work out how to manipulate their views – will be possible “in the next few years”.
  • “This is a fascist’s dream,” she said. “Power without accountability.”
  • Such black box systems are starting to creep into government. Palantir is building an intelligence system to assist Donald Trump in deporting immigrants.
  • Crawford argues that we have to make these AI systems more transparent and accountable. “The ocean of data is so big. We have to map their complex subterranean and unintended effects.”
  • Crawford has founded AI Now, a research community focused on the social impacts of artificial intelligence to do just this “We want to make these systems as ethical as possible and free from unseen biases.”
Javier E

Video Games Aren't Addictive - The New York Times - 0 views

  • the neuroscientific analogy: that the areas in the brain associated with the pleasures of drug use are the same as those associated with the pleasures of playing video games. This is true but not illuminating. These areas of the brain — those that produce and respond to the neurotransmitter dopamine — are involved in just about any pleasurable activity: having sex, enjoying a nice conversation, eating good food, reading a book, using methamphetamines.
  • A large-scale study of internet-based games recently published in the American Journal of Psychiatry bears out our skepticism about this “addiction.” Using the American Psychiatric Association’s own metrics for ascertaining psychiatric disorder, the study’s researchers found that at most 1 percent of video game players might exhibit characteristics of an addiction and that the games were significantly less addictive than, say, gambling.
  • More damning, the study found that almost none of those classified as being possibly addicted to video games experienced negative outcomes from this addiction. That is, the mental, physical and social health of these potential “addicts” was not different from that of individuals who were not addicted to video games. This suggests that the diagnosis of addiction doesn’t make much sense to begin with
  • ...1 more annotation...
  • Consider a common diagnostic question used to help identify addiction, such as “I always use X to relax after a bad day.” Well, if X is methamphetamine, that’s a worrisome choice, one that presumably indicates addiction. But if X is playing video games, how is that different from unwinding after work by knitting, watching sports or playing bridge?
Javier E

Trump's Credibility Crisis Arrives - The Atlantic - 2 views

  • After what he has said about crowd size, about wiretapping, about birtherism, about what James Comey was testifying (even as the rest of the world could watch it on TV), no sane person can assume that Donald Trump is operating in that same realm of knowable fact.
  • The instant skepticism about the laptop ban is the first case showing why that matters: He needs us to trust him, and we can’t.
  • There will be another case. And it will matter more.
Javier E

Our Dangerous Inability to Agree on What is TRUE | Risk: Reason and Reality | Big Think - 2 views

  • Given that human cognition is never the product of pure dispassionate reason, but a subjective interpretation of the facts based on our feelings and biases and instincts, when can we ever say that we know who is right and who is wrong, about anything? When can we declare a fact so established that it’s fair to say, without being called arrogant, that those who deny this truth don’t just disagree…that they’re just plain wrong.
  • This isn’t about matters of faith, or questions of ultimately unknowable things which by definition can not be established by fact. This is a question about what is knowable, and provable by careful objective scientific inquiry, a process which includes challenging skepticism rigorously applied precisely to establish what, beyond any reasonable doubt, is in fact true.
  • With enough careful investigation and scrupulously challenged evidence, we can establish knowable truths that are not just the product of our subjective motivated reasoning.
  • ...8 more annotations...
  • This matters for social animals like us, whose safety and very survival ultimately depend on our ability to coexist. Views that have more to do with competing tribal biases than objective interpretations of the evidence create destructive and violent conflict. Denial of scientifically established ‘truth’ cause all sorts of serious direct harms. Consider a few examples; • The widespread faith-based rejection of evolution feeds intense polarization. • Continued fear of vaccines is allowing nearly eradicated diseases to return. • Those who deny the evidence of the safety of genetically modified food are also denying the immense potential benefits of that technology to millions. • Denying the powerful evidence for climate change puts us all in serious jeopardy should that evidence prove to be true.
  • To address these harms, we need to understand why we often have trouble agreeing on what is true (what some have labeled science denialism). Social science has taught us that human cognition is innately, and inescapably, a process of interpreting the hard data about our world – its sights and sound and smells and facts and ideas - through subjective affective filters that help us turn those facts into the judgments and choices and behaviors that help us survive. The brain’s imperative, after all, is not to reason. It’s job is survival, and subjective cognitive biases and instincts have developed to help us make sense of information in the pursuit of safety, not so that we might come to know ‘THE universal absolute truth
  • This subjective cognition is built-in, subconscious, beyond free will, and unavoidably leads to different interpretations of the same facts.
  • But here is a truth with which I hope we can all agree. Our subjective system of cognition can be dangerous.
  • It can produce perceptions that conflict with the evidence, what I call The Perception Gap, which can in turn produce profound harm
  • We need to recognize the greater threat that our subjective system of cognition can pose, and in the name of our own safety and the welfare of the society on which we depend, do our very best to rise above it or, when we can’t, account for this very real danger in the policies we adopt.
  • "Everyone engages in motivated reasoning, everyone screens out unwelcome evidence, no one is a fully rational actor. Sure. But when it comes to something with such enormous consequences to human welfare
  • I think it's fair to say we have an obligation to confront our own ideological priors. We have an obligation to challenge ourselves, to push ourselves, to be suspicious of conclusions that are too convenient, to be sure that we're getting it right.
Javier E

Most Campaign Outreach Has No Effect on Voters - The Atlantic - 0 views

  • David Broockman, a Stanford University assistant professor, and Joshua Kalla, a doctoral student at the University of California, Berkeley, analyzed data from 49 field experiments—state, local, and federal campaigns that let political scientists access their data to evaluate their methods
  • For every flyer stuck in a mailbox, every door knocked by an earnest volunteer, and every candidate message left on an answering machine, there was no measurable change in voting outcomes. Even early outreach efforts, which are somewhat more successful at persuading voters, tend to fade from memory by Election Day.
  • Broockman and Kalla also estimated that the effect of television and online ads is zero, although only a small portion of their data speaks directly to that point.
  • ...16 more annotations...
  • The findings suggest that a lot of the time, energy, and money poured into traditional campaigning methods is wasted, and that the campaign operatives hawking tried-and-true tactics don’t have the evidence to back up their claims.
  • It also casts doubt on the theory of the swing voter who can be persuaded with enough flyers, ad exposure, and conversations with earnest volunteers
  • In reality, Broockman and Kalla find, direct outreach is most effective at improving voter turnout, suggesting that campaigns should focus on getting their core supporters to the polls than reaching out to a mythical middle.
  • This new study suggests that intentionally curated, issue-specific persuasion campaigns may shift people’s views more easily than partisan political campaigns.
  • Emma Green: So, is political campaigning useless?Joshua Kalla: The short answer is ‘no.
  • There are lots of things that campaigning can accomplish. Two decades of research on voter registration and hundreds of field experiments show really cost-effective ways to increase turnout in the base.But on persuasion, yes, we find that on average, there are very small effects.
  • Kalla: A lot of campaign operatives think there’s this big pool of moderate, undecided voters that we can spend money on to persuade them to our side. That strategy is probably not the right strategy. And we should be skeptical of big claims of persuasion.
  • Kalla: All the money is being poured into the same time and the same place. It’s hard to imagine that the hundredth TV ad that a person views is really worth it from a monetary perspective, versus that same money spent in a different race or a lower race. There’s a case to be made that too much money is being spent in the same ways and on the same people.
  • But the takeaway from this paper should not be that campaigns should stop. Campaigns do a lot of work that is measurable in return on getting voters to vote, and persuading voters. It’s just a question of how the money is spent.
  • Kalla: The first order of understanding an election and how people vote is partisan identity. Most people vote based on whether there’s a D or an R next to their name. Unpacking that should be more the focus than the horserace.
  • We don’t see persuasive effects in general elections where a Democrat is talking to a Republican. But in ballot-measure campaigns and primaries and the transgender work, it seems that persuasion is possible.
  • Most Americans view themselves in a partisan lens. When it comes time to vote, it’s less a function of a person running for office than a person with a party label beside his or her name.
  • Green: But what about the roughly 39 percent of Americans who identify as independents?Kalla: A lot of independents tend to be what political scientists term as “closeted partisans.” They might not explicitly identify with a party, but if you ask them which party they lean toward, they’ll often give you an answer. Their behavior tends to look a lot like the behavior of people who explicitly identify as partisans.
  • Green: Our democracy is based on this romantic idea that encounters in the public square—conversations, essays, speeches, etc.— have the power to change how people view the world. If you’re saying that’s basically not true, where does that leave us? Are we all just destined to remain isolated in the prisons of our own convictions?
  • Kalla: I want to draw a distinction with the transgender canvassing work. That was very much focusing on getting people to be introspective and think about times that they or their loved ones have been discriminated against, and how that made them feel, and how that real, lived experience informs their views on non-discrimination laws and views toward LGBT people. That’s close to an ideal of how we want democracy to function.
  • That’s not the type of discourse you see in campaigns. I don’t think TV ads or every glossy postcard is really going to lead to enlightened discourse among the American public.
Javier E

There's No Such Thing As 'Sound Science' | FiveThirtyEight - 1 views

  • cience is being turned against itself. For decades, its twin ideals of transparency and rigor have been weaponized by those who disagree with results produced by the scientific method. Under the Trump administration, that fight has ramped up again.
  • The same entreaties crop up again and again: We need to root out conflicts. We need more precise evidence. What makes these arguments so powerful is that they sound quite similar to the points raised by proponents of a very different call for change that’s coming from within science.
  • Despite having dissimilar goals, the two forces espouse principles that look surprisingly alike: Science needs to be transparent. Results and methods should be openly shared so that outside researchers can independently reproduce and validate them. The methods used to collect and analyze data should be rigorous and clear, and conclusions must be supported by evidence.
  • ...26 more annotations...
  • they’re also used as talking points by politicians who are working to make it more difficult for the EPA and other federal agencies to use science in their regulatory decision-making, under the guise of basing policy on “sound science.” Science’s virtues are being wielded against it.
  • What distinguishes the two calls for transparency is intent: Whereas the “open science” movement aims to make science more reliable, reproducible and robust, proponents of “sound science” have historically worked to amplify uncertainty, create doubt and undermine scientific discoveries that threaten their interests.
  • “Our criticisms are founded in a confidence in science,” said Steven Goodman, co-director of the Meta-Research Innovation Center at Stanford and a proponent of open science. “That’s a fundamental difference — we’re critiquing science to make it better. Others are critiquing it to devalue the approach itself.”
  • alls to base public policy on “sound science” seem unassailable if you don’t know the term’s history. The phrase was adopted by the tobacco industry in the 1990s to counteract mounting evidence linking secondhand smoke to cancer.
  • The sound science tactic exploits a fundamental feature of the scientific process: Science does not produce absolute certainty. Contrary to how it’s sometimes represented to the public, science is not a magic wand that turns everything it touches to truth. Instead, it’s a process of uncertainty reduction, much like a game of 20 Questions.
  • Any given study can rarely answer more than one question at a time, and each study usually raises a bunch of new questions in the process of answering old ones. “Science is a process rather than an answer,” said psychologist Alison Ledgerwood of the University of California, Davis. Every answer is provisional and subject to change in the face of new evidence. It’s not entirely correct to say that “this study proves this fact,” Ledgerwood said. “We should be talking instead about how science increases or decreases our confidence in something.”
  • While insisting that they merely wanted to ensure that public policy was based on sound science, tobacco companies defined the term in a way that ensured that no science could ever be sound enough. The only sound science was certain science, which is an impossible standard to achieve.
  • “Doubt is our product,” wrote one employee of the Brown & Williamson tobacco company in a 1969 internal memo. The note went on to say that doubt “is the best means of competing with the ‘body of fact’” and “establishing a controversy.” These strategies for undermining inconvenient science were so effective that they’ve served as a sort of playbook for industry interests ever since
  • Doubt merchants aren’t pushing for knowledge, they’re practicing what Proctor has dubbed “agnogenesis” — the intentional manufacture of ignorance. This ignorance isn’t simply the absence of knowing something; it’s a lack of comprehension deliberately created by agents who don’t want you to know,
  • In the hands of doubt-makers, transparency becomes a rhetorical move. “It’s really difficult as a scientist or policy maker to make a stand against transparency and openness, because well, who would be against it?
  • But at the same time, “you can couch everything in the language of transparency and it becomes a powerful weapon.” For instance, when the EPA was preparing to set new limits on particulate pollution in the 1990s, industry groups pushed back against the research and demanded access to primary data (including records that researchers had promised participants would remain confidential) and a reanalysis of the evidence. Their calls succeeded and a new analysis was performed. The reanalysis essentially confirmed the original conclusions, but the process of conducting it delayed the implementation of regulations and cost researchers time and money.
  • Delay is a time-tested strategy. “Gridlock is the greatest friend a global warming skeptic has,” said Marc Morano, a prominent critic of global warming research
  • which has received funding from the oil and gas industry. “We’re the negative force. We’re just trying to stop stuff.”
  • these ploys are getting a fresh boost from Congress. The Data Quality Act (also known as the Information Quality Act) was reportedly written by an industry lobbyist and quietly passed as part of an appropriations bill in 2000. The rule mandates that federal agencies ensure the “quality, objectivity, utility, and integrity of information” that they disseminate, though it does little to define what these terms mean. The law also provides a mechanism for citizens and groups to challenge information that they deem inaccurate, including science that they disagree with. “It was passed in this very quiet way with no explicit debate about it — that should tell you a lot about the real goals,” Levy said.
  • in the 20 months following its implementation, the act was repeatedly used by industry groups to push back against proposed regulations and bog down the decision-making process. Instead of deploying transparency as a fundamental principle that applies to all science, these interests have used transparency as a weapon to attack very particular findings that they would like to eradicate.
  • Now Congress is considering another way to legislate how science is used. The Honest Act, a bill sponsored by Rep. Lamar Smith of Texas,3The bill has been passed by the House but still awaits a vote in the Senate. is another example of what Levy calls a “Trojan horse” law that uses the language of transparency as a cover to achieve other political goals. Smith’s legislation would severely limit the kind of evidence the EPA could use for decision-making. Only studies whose raw data and computer codes were publicly available would be allowed for consideration.
  • It might seem like an easy task to sort good science from bad, but in reality it’s not so simple. “There’s a misplaced idea that we can definitively distinguish the good from the not-good science, but it’s all a matter of degree,” said Brian Nosek, executive director of the Center for Open Science. “There is no perfect study.” Requiring regulators to wait until they have (nonexistent) perfect evidence is essentially “a way of saying, ‘We don’t want to use evidence for our decision-making,’
  • ost scientific controversies aren’t about science at all, and once the sides are drawn, more data is unlikely to bring opponents into agreement.
  • objective knowledge is not enough to resolve environmental controversies. “While these controversies may appear on the surface to rest on disputed questions of fact, beneath often reside differing positions of value; values that can give shape to differing understandings of what ‘the facts’ are.” What’s needed in these cases isn’t more or better science, but mechanisms to bring those hidden values to the forefront of the discussion so that they can be debated transparently. “As long as we continue down this unabashedly naive road about what science is, and what it is capable of doing, we will continue to fail to reach any sort of meaningful consensus on these matters,”
  • The dispute over tobacco was never about the science of cigarettes’ link to cancer. It was about whether companies have the right to sell dangerous products and, if so, what obligations they have to the consumers who purchased them.
  • Similarly, the debate over climate change isn’t about whether our planet is heating, but about how much responsibility each country and person bears for stopping it
  • While researching her book “Merchants of Doubt,” science historian Naomi Oreskes found that some of the same people who were defending the tobacco industry as scientific experts were also receiving industry money to deny the role of human activity in global warming. What these issues had in common, she realized, was that they all involved the need for government action. “None of this is about the science. All of this is a political debate about the role of government,”
  • These controversies are really about values, not scientific facts, and acknowledging that would allow us to have more truthful and productive debates. What would that look like in practice? Instead of cherry-picking evidence to support a particular view (and insisting that the science points to a desired action), the various sides could lay out the values they are using to assess the evidence.
  • For instance, in Europe, many decisions are guided by the precautionary principle — a system that values caution in the face of uncertainty and says that when the risks are unclear, it should be up to industries to show that their products and processes are not harmful, rather than requiring the government to prove that they are harmful before they can be regulated. By contrast, U.S. agencies tend to wait for strong evidence of harm before issuing regulations
  • the difference between them comes down to priorities: Is it better to exercise caution at the risk of burdening companies and perhaps the economy, or is it more important to avoid potential economic downsides even if it means that sometimes a harmful product or industrial process goes unregulated?
  • But science can’t tell us how risky is too risky to allow products like cigarettes or potentially harmful pesticides to be sold — those are value judgements that only humans can make.
Javier E

As a Doctor, I Was Skeptical About the Covid Vaccine. Then I Reviewed the Science. - Th... - 0 views

  • Until last week, I wasn’t sure I would get the vaccine. Some media reports highlight that mRNA vaccines have never been approved for use in humans outside clinical trials, making it seem like a new technology that has not been tested before. The vaccines were developed at such speed, I couldn’t be sure that major side effects hadn’t been overlooked. I worried about autoimmunity caused by expressing the coronavirus spike proteins on my own cells.
  • Every day in the emergency department, patients walk away from essential care against medical advice, and we watch them go with a shake of our heads and a rueful smile. Just like them, isolated with my doubts, I was ready to exercise my right to free will and refuse the vaccine.
  • When my non-medical friends asked me about it, I was torn between telling them my concerns and playacting the doctor who recommends the latest proven therapy.
  • ...8 more annotations...
  • The guilt I felt about this compelled me to objectively review the literature on mRNA vaccines. Not being an expert in virology or biochemistry, I realized I had to quickly master unfamiliar words like “transfection” and concepts about gene sequences. Slowly, the information I was devouring started changing my beliefs.
  • I learned that research into using mRNA for vaccinations and cancer therapies has been ongoing for the past 30 years. Trial and error have refined this modality so that it was almost fully fledged by the time Covid hit
  • The mRNA from the vaccine is broken down quickly in our cells, and the coronavirus spike protein is expressed only transiently on the cell surface.
  • Furthermore, this type of vaccine is harnessing a technique that viruses already use.
  • It was humbling to have to change my mind. As I booked my vaccination time slot, I realized how lucky I am to have access to all this research, as well as the training to understand it.
  • As medical professionals, we cannot afford to be paternalistic and trust that people will follow advice without all the facts. This is especially true in Australia, where the vast majority of us have never witnessed firsthand the ravages that this disease can inflict.
  • Like all new converts, I am now a true believer: I’d like everyone to be vaccinated. But autonomy is a precious tenet of a free society, and I’m glad the ethicists have advised against mandating the vaccine
  • just hope that with more robust discussion and the wider dissemination of scientific knowledge, we may sway people like me — who have what may be valid reservations — to get the vaccine.
caelengrubb

Insider Trading - Econlib - 0 views

  • Insider trading” refers to transactions in a company’s securities, such as stocks or options, by corporate insiders or their associates based on information originating within the firm that would, once publicly disclosed, affect the prices of such securities.
  • Corporate insiders are individuals whose employment with the firm (as executives, directors, or sometimes rank-and-file employees) or whose privileged access to the firm’s internal affairs (as large shareholders, consultants, accountants, lawyers, etc.) gives them valuable information.
  • Famous examples of insider trading include transacting on the advance knowledge of a company’s discovery of a rich mineral ore (Securities and Exchange Commission v. Texas Gulf Sulphur Co.), on a forthcoming cut in dividends by the board of directors (Cady, Roberts & Co.), and on an unanticipated increase in corporate expenses (Diamond v. Oreamuno).
  • ...18 more annotations...
  • Such trading on information originating outside the company is generally not covered by insider trading regulation.
  • Insider trading is quite different from market manipulation, disclosure of false or misleading information to the market, or direct expropriation of the corporation’s wealth by insiders.
  • Regulation of insider trading began in the United States at the turn of the twentieth century, when judges in several states became willing to rescind corporate insiders’ transactions with uninformed shareholders.
  • One of the earliest (and unsuccessful) federal attempts to regulate insider trading occurred after the 1912–1913 congressional hearings before the Pujo Committee, which concluded that “the scandalous practices of officers and directors in speculating upon inside and advance information as to the action of their corporations may be curtailed if not stopped.”
  • The Securities Acts of 1933–1934, passed by the U.S. Congress in the aftermath of the stock market crash, though aimed primarily at prohibiting fraud and market manipulation, also targeted insider trading.
  • As of 2004, at least ninety-three countries, the vast majority of nations that possess organized securities markets, had laws regulating insider trading
  • Several factors explain the rapid emergence of such regulation, particularly during the last twenty years: namely, the growth of the securities industry worldwide, pressures to make national securities markets look more attractive in the eyes of outside investors, and the pressure the SEC exerted on foreign lawmakers and regulators to increase the effectiveness of domestic enforcement by identifying and punishing offenders and their associates operating outside the United States.
  • Many researchers argue that trading on inside information is a zero-sum game, benefiting insiders at the expense of outsiders. But most outsiders who bought from or sold to insiders would have traded anyway, and possibly at a worse price (Manne 1970). So, for example, if the insider sells stock because he expects the price to fall, the very act of selling may bring the price down to the buyer.
  • A controversial case is that of abstaining from trading on the basis of inside information (Fried 2003).
  • There is little disagreement that insider trading makes securities markets more efficient by moving the current market price closer to the future postdisclosure price. In other words, insiders’ transactions, even if they are anonymous, signal future price trends to others and make the current stock price reflect relevant information sooner.
  • Accurately priced stocks give valuable signals to investors and ensure more efficient allocation of capital.
  • The controversial question is whether insider trading is more or less effective than public disclosure.
  • Insider trading’s advantage is that it introduces individual profit motives, does not directly reveal sensitive intercorporate information, and mitigates the management’s aversion to disclosing negative information (
  • Probably the most controversial issue in the economic analysis of insider trading is whether it is an efficient way to pay managers for their entrepreneurial services to the corporation. Some researchers believe that insider trading gives managers a monetary incentive to innovate, search for, and produce valuable information, as well as to take risks that increase the firm’s value (Carlton and Fischel 1983; Manne 1966).
  • Another economic argument for insider trading is that it provides efficient compensation to holders of large blocks of stock
  • A common contention is that the presence of insider trading decreases public confidence in, and deters many potential investors from, equity markets, making them less liquid (Loss 1970).
  • Empirical research generally supports skepticism that regulation of insider trading has been effective in either the United States or internationally, as evidenced by the persistent trading profits of insiders, behavior of stock prices around corporate announcements, and relatively infrequent prosecution rates (Bhattacharya and Daouk 2002; Bris 2005).
  • Despite numerous and extensive debates, economists and legal scholars do not agree on a desirable government policy toward insider trading. On the one hand, absolute information parity is clearly infeasible, and information-based trading generally increases the pricing efficiency of financial markets. Information, after all, is a scarce economic good that is costly to produce or acquire, and its subsequent use and dissemination are difficult to control. On the other hand, insider trading, as opposed to other forms of informed trading, may produce unintended adverse consequences for the functioning of the corporate enterprise, the market-wide system of publicly mandated disclosure, or the market for information.
katedriscoll

Capable and Fallible - TOK RESOURCE.ORG - 0 views

  • Once understood and appropriated by students the capability/fallibility dualism is a powerful notion that can be used in various TOK contexts. Appreciating the positive aspects of knowing is a great example. A skeptical mindset, with regard to limitations and bias, is a central part of the TOK critical thinking toolkit. But focusing almost entirely on the weaknesses and fallibility of knowledge claims loses sight of our capability. There are many positive aspects of knowledge and there is tremendous pleasure in finding things out. The accumulated edifice of shared human ideas—loosely, the Areas of Knowledge—merits nothing less than awe and astonishment.
Javier E

My dad predicted Trump in 1985 - it's not Orwell, he warned, it's Brave New World | Med... - 2 views

  • But an image? One never says a picture is true or false. It either captures your attention or it doesn’t. The more TV we watched, the more we expected – and with our finger on the remote, the more we demanded – that not just our sitcoms and cop procedurals and other “junk TV” be entertaining but also our news and other issues of import.
  • This was, in spirit, the vision that Huxley predicted way back in 1931, the dystopia my father believed we should have been watching out for. He wrote:
  • What Orwell feared were those who would ban books. What Huxley feared was that there would be no reason to ban a book, for there would be no one who wanted to read one. Orwell feared those who would deprive us of information. Huxley feared those who would give us so much that we would be reduced to passivity and egoism. Orwell feared that the truth would be concealed from us. Huxley feared the truth would be drowned in a sea of irrelevance. Orwell feared we would become a captive culture. Huxley feared we would become a trivial culture.
  • ...17 more annotations...
  • Today, the average weekly screen time for an American adult – brace yourself; this is not a typo – is 74 hours (and still going up)
  • The soundbite has been replaced by virality, meme, hot take, tweet. Can serious national issues really be explored in any coherent, meaningful way in such a fragmented, attention-challenged environment?
  • how engaged can any populace be when the most we’re asked to do is to like or not like a particular post, or “sign” an online petition?
  • How seriously should anyone take us, or should we take ourselves, when the “optics” of an address or campaign speech – raucousness, maybe actual violence, childishly attention-craving gestures or facial expressions – rather than the content of the speech determines how much “airtime” it gets, and how often people watch, share and favorite it?
  • Our public discourse has become so trivialized, it’s astounding that we still cling to the word “debates” for what our presidential candidates do onstage when facing each other.
  • Who can be shocked by the rise of a reality TV star, a man given to loud, inflammatory statements, many of which are spectacularly untrue but virtually all of which make for what used to be called “good television”?
  • Who can be appalled when the coin of the realm in public discourse is not experience, thoughtfulness or diplomacy but the ability to amuse – no matter how maddening or revolting the amusement?
  • “Television is a speed-of-light medium, a present-centered medium,” my father wrote. “Its grammar, so to say, permits no access to the past … history can play no significant role in image politics. For history is of value only to someone who takes seriously the notion that there are patterns in the past which may provide the present with nourishing traditions.”
  • Later in that passage, Czesław Miłosz, winner of the Nobel prize for literature, is cited for remarking in his 1980 acceptance speech that that era was notable for “a refusal to remember”; my father notes Miłosz referencing “the shattering fact that there are now more than one hundred books in print that deny that the Holocaust ever took place”.
  • “An Orwellian world is much easier to recognize, and to oppose, than a Huxleyan,” my father wrote. “Everything in our background has prepared us to know and resist a prison when the gates begin to close around us … [but] who is prepared to take arms against a sea of amusements?”
  • I wish I could tell you that, for all his prescience, my father also supplied a solution. He did no
  • First: treat false allegations as an opportunity. Seek information as close to the source as possible.
  • Second: don’t expect “the media” to do this job for you. Some of its practitioners do, brilliantly and at times heroically. But most of the media exists to sell you things.
  • Finally, and most importantly, it should be the responsibility of schools to make children aware of our information environments, which in many instances have become our entertainment environments
  • We must teach our children, from a very young age, to be skeptics, to listen carefully, to assume everyone is lying about everything. (Well, maybe not everyone.)
  • “what is required of us now is a new era of responsibility … giving our all to a difficult task. This is the price and the promise of citizenship.”
  • we need more than just hope for a way out. We need a strategy, or at least some tactics.
caelengrubb

How to read the news like a scientist | - 0 views

  • “In present times, our risk of being fooled is especially high,” she says. There are two main factors at play: “Disinformation spreads like wildfire in social media,” she adds, “and when it comes to news reporting, sometimes it is more important for journalists to be fast than accurate.”
  • Scientists labor under a burden of proof. They must conduct experiments and collect data under controlled conditions to arrive at their conclusions — and be ready to defend their findings with facts, not emotions.
  • 1. Cultivate your skepticism.
  • ...15 more annotations...
  • When you learn a new piece of information through social media, think to yourself: “This may be true, but it also may be false,”
  • 2. Find out who is making the claim.
  • When you encounter a new claim, look for conflicts of interest. Ask: Do they stand to profit from what they say? Are they affiliated with an organization that could be swaying them? Two other questions to consider: What makes the writer or speaker qualified to comment on the topic? What statements have they made in the past?
  • 3. Watch out for the halo effect.
  • The halo effect, says Frans, “is a cognitive bias that makes our feeling towards someone affect how we judge their claims.
  • If we dislike someone, we are a lot more likely to disagree with them; if we like them, we are biased to agree.”
  • New scientific papers under review are read “blind,” with the authors’ names removed. That way, the experts who are deciding whether it’s worthy of publication don’t know which of their fellow scientists wrote it so they’ll be able to react free from pre-judgement or bias.
  • 4. Look at the evidence.
  • Before you act on or share a particularly surprising or enraging story, do a quick Google search — you might learn something even more interesting.
  • 5. Beware of the tendency to cherry-pick information.
  • Another human bias — confirmation bias — means we’re more likely to notice stories or facts that fit what we already believe (or want to believe).
  • When you search for information, you should not disregard the information that goes against whatever opinion you might have in advance.”
  • In your own life, look for friends and acquaintances on social media with alternative viewpoints. You don’t have to agree with them, or tolerate misinformation from them — but it’s healthy and balanced to have some variety in your information diet.
  • 6. Recognize the difference between correlation and causation.
  • However, she says, “there is no evidence supporting these claims, and it’s important to remember that just because two things increase simultaneously, this does not mean that they are causally linked to each other. Correlation does not equal causality.”
Javier E

Why Study History? (1985) | AHA - 0 views

  • Isn't there quite enough to learn about the world today? Why add to the burden by looking at the past
  • Historical knowledge is no more and no less than carefully and critically constructed collective memory. As such it can both make us wiser in our public choices and more richly human in our private lives.
  • Without individual memory, a person literally loses his or her identity, and would not know how to act in encounters with others. Imagine waking up one morning unable to tell total strangers from family and friends!
  • ...37 more annotations...
  • Collective memory is similar, though its loss does not immediately paralyze everyday private activity. But ignorance of history-that is, absent or defective collective memory-does deprive us of the best available guide for public action, especially in encounters with outsider
  • Often it is enough for experts to know about outsiders, if their advice is listened to. But democratic citizenship and effective participation in the determination of public policy require citizens to share a collective memory, organized into historical knowledge and belief
  • This value of historical knowledge obviously justifies teaching and learning about what happened in recent times, for the way things are descends from the way they were yesterday and the day before that
  • in fact, institutions that govern a great deal of our everyday behavior took shape hundreds or even thousands of years ago
  • Only an acquaintance with the entire human adventure on earth allows us to understand these dimensions of contemporary reality.
  • it follows that study of history is essential for every young person.
  • Collective memory is quite the same. Historians are always at work reinterpreting the past, asking new questions, searching new sources and finding new meanings in old documents in order to bring the perspective of new knowledge and experience to bear on the task of understanding the past.
  • what we know and believe about history is always changing. In other words, our collective, codified memory alters with time just as personal memories do, and for the same reasons.
  • skeptics are likely to conclude that history has no right to take student time from other subjects. If what is taught today is not really true, how can it claim space in a crowded school curriculum?
  • what if the world is more complicated and diverse than words can ever tell? What if human minds are incapable of finding' neat pigeon holes into which everything that happens will fit?
  • What if we have to learn to live with uncertainty and probabilities, and act on the basis of the best guesswork we are capable of?
  • Then, surely, the changing perspectives of historical understanding are the very best introduction we can have to the practical problems of real life. Then, surely, a serious effort to understand the interplay of change and continuity in human affairs is the only adequate introduction human beings can have to the confusing flow of events that constitutes the actual, adult world.
  • Memory is not something fixed and forever. As time passes, remembered personal experiences take on new meanings.
  • Early in this century, teachers and academic administrators pretty well agreed that two sorts of history courses were needed: a survey of the national history of the United States and a survey of European history.
  • Memory, indeed, makes us human. History, our collective memory, carefully codified and critically revised, makes us social, sharing ideas and ideals with others so as to form all sorts of different human groups
  • The varieties of history are enormous; facts and probabilities about the past are far too numerous for anyone to comprehend them all. Every sort of human group has its own histor
  • Where to start? How bring some sort of order to the enormous variety of things known and believed about the past?
  • Systematic sciences are not enough. They discount time, and therefore oversimplify reality, especially human reality.
  • This second course was often broadened into a survey of Western civilization in the 1930s and 1940s
  • But by the 1960s and 1970s these courses were becoming outdated, left behind by the rise of new kinds social and quantitative history, especially the history of women, of Blacks, and of other formerly overlooked groups within the borders of the United States, and of peoples emerging from colonial status in the world beyond our borders.
  • much harder to combine old with new to make an inclusive, judiciously balanced (and far less novel) introductory course for high school or college students.
  • But abandoning the effort to present a meaningful portrait of the entire national and civilizational past destroyed the original justification for requiring students to study history
  • Competing subjects abounded, and no one could or would decide what mattered most and should take precedence. As this happened, studying history became only one among many possible ways of spending time in school.
  • The costs of this change are now becoming apparent, and many concerned persons agree that returning to a more structured curriculum, in which history ought to play a prominent part, is imperative.
  • three levels of generality seem likely to have the greatest importance for ordinary people.
  • First is family, local, neighborhood history
  • Second is national history, because that is where political power is concentrated in our time.
  • Last is global history, because intensified communications make encounters with all the other peoples of the earth increasingly important.
  • Other pasts are certainly worth attention, but are better studied in the context of a prior acquaintance with personal-local, national, and global history. That is because these three levels are the ones that affect most powerfully what all other groups and segments of society actually do.
  • National history that leaves out Blacks and women and other minorities is no longer acceptable; but American history that leaves out the Founding Fathers and the Constitution is not acceptable either. What is needed is a vision of the whole, warts and all.
  • the study of history does not lead to exact prediction of future events. Though it fosters practical wisdom, knowledge of the past does not permit anyone to know exactly what is going to happen
  • Consequently, the lessons of history, though supremely valuable when wisely formulated, become grossly misleading when oversimplifiers try to transfer them mechanically from one age to another, or from one place to another.
  • Predictable fixity is simply not the human way of behaving. Probabilities and possibilities-together with a few complete surprises-are what we live with and must learn to expect.
  • Second, as acquaintance with the past expands, delight in knowing more and more can and often does become an end in itself.
  • On the other hand, studying alien religious beliefs, strange customs, diverse family patterns and vanished social structures shows how differently various human groups have tried to cop
  • Broadening our humanity and extending our sensibilities by recognizing sameness and difference throughout the recorded past is therefore an important reason for studying history, and especially the history of peoples far away and long ago
  • For we can only know ourselves by knowing how we resemble and how we differ from others. Acquaintance with the human past is the only way to such self knowledge.
ilanaprincilus06

Trump has trashed America's most important alliance. The rift with Europe could take de... - 0 views

  • The presidency of Donald Trump has left such a wretched stench in Europe that it's hard to see how, even in four years, Joe Biden could possibly get America's most important alliance back on track.
  • Throughout Trump's term, Europeans have been walking a tightrope, trying to balance outright condemnation of the President's most destructive behavior with not alienating the leader of the Western world.
  • Trump went out of his way to "gradually undo a lot of what the EU was working towards on the world stage," pointing specifically to the Iran nuclear deal and the Paris climate accord.
  • ...13 more annotations...
  • "The European relationship has changed and will now be shrouded in skepticism,"
  • Trump's outward aggression affected all aspects of European life, be it trade, defense or even the emotional shared ideas and cultural ties.
  • All those things suddenly seem debased and of less value."
  • "When they did take big stances on things like China or Iran, they chose not to involve anyone, leaving Europeans scrambling for a response,"
  • But he might have to accept that America's role in these relationships has changed."
  • This has led to lots of countries having to think more seriously about their future with a less assertive US,"
  • "In some respects, it was a good thing Trump forced us to think more about diplomatic initiatives, NATO and withdrawal of US troops,"
  • A view many European officials share is that no matter how friendly Biden is, Trump happened once -- and could happen again.
  • In 2024, Ivanka Trump, Donald Trump Jr., Mike Pompeo, or any other of his allies could conceivably pick up the torch and win an election.
  • "We cannot afford to be naive. If you look at the number of votes that Trump got, he wields an influence on American voters.
  • This anti-global, 'America First' undercurrent in American politics is still very much alive and we have to hedge our bets,"
  • For the US, it's unclear whether being downgraded as a diplomatic force is something that its citizens, who've lived through four introspective years of "America First," will even care about.
  • Regardless, the Trump era has left Europeans with little choice but to wait and see how much of a priority Biden places on reclaiming America's place on the world stage.
Javier E

Opinion | Privacy Is Too Big to Understand - The New York Times - 1 views

  • There is “no single rhetorical approach likely to work on a given audience and none too dangerous to try. Any story that sticks is a good one,”
  • This newsletter is about finding ways to make this stuff stick in your mind and to arm you with the information you need to take control of your digital life.
  • how to start? The definition of privacy itself. I think it’s time to radically expand it.
  • ...12 more annotations...
  • “Privacy is really about being able to define for ourselves who we are for the world and on our own terms,”
  • “hyperobjects,” a concept so all-encompassing that it is impossible to adequately describe
  • invite skepticism because their scale is so vast and sometimes abstract.
  • When technology governs so many aspects of our lives — and when that technology is powered by the exploitation of our data — privacy isn’t just about knowing your secrets, it’s about autonomy
  • “Privacy” is an impoverished word — far too small a word to describe what we talk about when we talk about the mining, transmission, storing, buying, selling, use and misuse of our personal information.
  • not a choice that belongs to an algorithm or data brokerEntities that collect, aggregate and sell individuals’ personal data, derivatives and inferences from disparate public and private sources. Glossary and definitely not to Facebook.”
  • privacy is about how that data is used to take away our control
  • real-time data, once assumed to be protected by phone companies, was available for sale to bounty hunters for a $300 fee
  • ICE officials partnered with a private data firm to track license plate data.
  • It means reckoning with private surveillance databases armed with dossiers on regular citizens and outsourced to the highest bidder
  • “Years ago we worried about the N.S.A. building huge server farms, but now it’s much cheaper to go to a private-service vendor and outsource this to a company who can cloak their activity in trade secrets,
  • “It’s comparable to asking people to stop using air conditioning because of the ozone layer. It’s not likely to happen because the immediate comfort is more valuable than the long-term fear.
huffem4

It's not enough to "believe science" - 1 views

  • the “believe science” mantra can be classist; moreover, “sexism, racism, & eugenics were all scientific.” Science isn’t safe from bias, and it can get things wrong.
  • Coronavirus denialism and climate denialism aren’t the product of skeptical masses but disingenuous elites
  • it’s important to distinguish between genuine grassroots resistance and the funding of denialism by corporate interests
« First ‹ Previous 101 - 120 of 145 Next › Last »
Showing 20 items per page