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Javier E

Twin Peaks Planet - NYTimes.com - 0 views

  • it is now obvious that income and wealth are more concentrated at the very top than they have been since the Gilded Age — and the trend shows no sign of letting up.
  • You really want to supplement Piketty-style analysis with a global view, and when you do, I’d argue, you get a better sense of the good, the bad and the potentially very ugly of the world we live in.
  • Income growth in emerging nations has produced huge gains in human welfare, lifting hundreds of millions of people out of desperate poverty and giving them a chance for a better life.
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  • income growth since the fall of the Berlin Wall has been a “twin peaks” story. Incomes have, of course, soared at the top, as the world’s elite becomes ever richer. But there have also been huge gains for what we might call the global middle — largely consisting of the rising middle classes of China and India.
  • the bad news: Between these twin peaks — the ever-richer global elite and the rising Chinese middle class — lies what we might call the valley of despond: Incomes have grown slowly, if at all, for people around the 20th percentile of the world income distribution. Who are these people? Basically, the advanced-country working classes.
  • the travails of workers in rich countries are, in important ways, the flip side of the gains above and below them.
  • Competition from emerging-economy exports has surely been a factor depressing wages in wealthier nations, although probably not the dominant force.
  • More important, soaring incomes at the top were achieved, in large part, by squeezing those below: by cutting wages, slashing benefits, crushing unions, and diverting a rising share of national resources to financial wheeling and dealing.
  • more important still, the wealthy exert a vastly disproportionate effect on policy. And elite priorities — obsessive concern with budget deficits, with the supposed need to slash social programs — have done a lot to deepen the valley of despond.
  • The problem with these conventional leaders, I’d argue, is that they’re afraid to challenge elite priorities, in particular the obsession with budget deficits, for fear of being considered irresponsible
  • who speaks for those left behind in this twin-peaked world? You might have expected conventional parties of the left to take a populist stance on behalf of their domestic working classes. But mostly what you get instead — from leaders ranging from François Hollande of France to Ed Milliband of Britain to, yes, President Obama — is awkward mumbling.
  • All of this suggests some uncomfortable historical analogies. Remember, this is the second time we’ve had a global financial crisis followed by a prolonged worldwide slump. Then, as now, any effective response to the crisis was blocked by elite demands for balanced budgets and stable currencies. And the eventual result was to deliver power into the hands of people who were, shall we say, not very nice.
  • political and opinion leaders need to face up to the reality that our current global setup isn’t working for everyone. It’s great for the elite and has done a lot of good for emerging nations, but that valley of despond is very real. And bad things will happen if we don’t do something about it.
Javier E

Will You Lose Your Job to a Robot? Silicon Valley Is Split - NYTimes.com - 0 views

  • The question for Silicon Valley is whether we’re heading toward a robot-led coup or a leisure-filled utopia.
  • nterviews with 2,551 people who make, research and analyze new technology. Most agreed that robotics and artificial intelligence would transform daily life by 2025, but respondents were almost evenly split about what that might mean for the economy and employment.
  • techno-optimists. They believe that even though machines will displace many jobs in a decade, technology and human ingenuity will produce many more, as happened after the agricultural and industrial revolutions. The meaning of “job” might change, too, if people find themselves with hours of free time because the mundane tasks that fill our days are automated.
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  • The other half agree that some jobs will disappear, but they are not convinced that new ones will take their place, even for some highly skilled workers. They fear a future of widespread unemployment, deep inequality and violent uprisings — particularly if policy makers and educational institutions don’t step in.
  • We’re going to have to come to grips with a long-term employment crisis and the fact that — strictly from an economic point of view, not a moral point of view — there are more and more ‘surplus humans.'  ”
  • “The degree of integration of A.I. into daily life will depend very much, as it does now, on wealth. The people whose personal digital devices are day-trading for them, and doing the grocery shopping and sending greeting cards on their behalf, are people who are living a different life than those who are worried about missing a day at one of their three jobs due to being sick, and losing the job and being unable to feed their children.”
  • “Only the best-educated humans will compete with machines. And education systems in the U.S. and much of the rest of the world are still sitting students in rows and columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.”
  • “We hardly dwell on the fact that someone trying to pick a career path that is not likely to be automated will have a very hard time making that choice. X-ray technician? Outsourced already, and automation in progress. The race between automation and human work is won by automation.”
  • “Robotic sex partners will be commonplace. … The central question of 2025 will be: What are people for in a world that does not need their labor, and where only a minority are needed to guide the ‘bot-based economy?'  ”
  • “Employment will be mostly very skilled labor — and even those jobs will be continuously whittled away by increasingly sophisticated machines. Live, human salespeople, nurses, doctors, actors will be symbols of luxury, the silk of human interaction as opposed to the polyester of simulated human contact.”
  • The biggest exception will be jobs that depend upon empathy as a core capacity — schoolteacher, personal service worker, nurse. These jobs are often those traditionally performed by women. One of the bigger social questions of the mid-late 2020s will be the role of men in this world.”
jlessner

In Ellen Pao's Suit vs. Kleiner Perkins, World of Venture Capital Is Under Microscope -... - 0 views

  • Ms. Pao contends she was discriminated against.
  • What is really under examination in this trial is the question of why there are so few women in leadership positions in Silicon Valley. At stake is any hope that the tech world can claim to be a progressive place, or even a fair one.
  • Were women simply not interested in becoming venture capitalists, “or did the venture capital world fight them off?”
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  • On the other hand, he said that Ms. Pao had “a female chip on her shoulder,” according to a report by an independent investigator hired by Kleiner.
  • Yet even allowing for the fact that all the witnesses so far were called by Ms. Pao’s team, documents and testimony in the trial show a firm whose attitudes derived from an earlier era. When Mr. Hirschfeld asked for a copy of Kleiner’s manual on discrimination, it could not be found.
  • Sheryl Sandberg, wrote a popular book telling women to “lean in,” by, for instance, seizing a seat at the table during meetings instead of hanging back at the edges.
  • “I feared somewhat for her safety,” Mr. Lane testified. Later, he underscored his alarm, adding: “This could have gone in a different direction. He could have pushed his way into the room.”
  • The men and women sitting in judgment of all this behavior look nothing like what Silicon Valley would consider a jury of its peers. Instead of being young, white and male, with a sprinkling of Asians — what critics say is the furthest limit in Silicon Valley in terms of diversity — the jury is half female and ethnically diverse. Testimony ended abruptly Thursday afternoon when one of the jurors had a family emergency.
Javier E

A Racy Silicon Valley Lawsuit, and More Subtle Questions About Sex Discrimination - NYT... - 0 views

  • men at the venture firm essentially told Ms. Pao: “Speak up — but don’t talk too much. Light up the room — but don’t overshadow others. Be confident and critical — but not cocky or negative.”
  • Self-promotion is essential in venture capital, because individual partners take credit for successful deals to get promotions, board seats and payouts. But the double standard exists in all jobs
  • women who speak directly about their strengths and talents and who credit themselves instead of others for achievements were considered more capable. But they were also thought to be less socially attractive and hirable, in a series of experiments in which study participants interviewed people to be their partner in a competitive game.
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  • female interviewers were more turned off by confident women than men were.
  • Ms. Rudman attributed the aversion to women’s self-promotion — despite the necessity for it in workplaces — to ingrained expectations about gender roles. Women are widely assumed to be supportive, humble and cooperative in the workplace, she said, while men are seen as confident, competitive and strong leaders
  • In another study, Ms. Rudman found that men were similarly penalized for exhibiting so-called feminine traits.
gaglianoj

Silicon Valley firm fined for paying Indian workers one-sixth of minimum wage - The Tim... - 0 views

  • NEW DELHI: A Silicon Valley company has been fined by the US Department of Labor for paying just $1.21 an hour to eight Indian employees it had flown in from its Bangalore office to install computer systems at its Fremont headquarters, the San Jose Mercury News reported on October 22.
Javier E

Why Wall Streeters' Defections to Silicon Valley Are Good News for the Economy - NYTime... - 0 views

  • to the degree the finance sector attracts the best and brightest young people, it is funneling people away from making goods and services people use, and toward serving what is essentially a back office function for the entire economy. A very important back office function, to be sure, and one that requires very smart people to do well. But a back office function nonetheless, not unlike the legal industry or human resources department
  • the economists Stephen G. Cecchetti of Brandeis University and Enisse Kharroubi of the Bank for International Settlements have found clear evidence that an unusually large financial sector actually reduces the growth rate of an economy, rather than enhances it.
Javier E

Apple's Supreme Court loss sends antitrust shockwaves through Silicon Valley - The Wash... - 0 views

  • the Supreme Court on Monday rejected Apple’s interpretation. The ruling found the iPhone giant’s legal arguments sought only to "gerrymander Apple out of this and similar lawsuits,” wrote Kavanaugh, a conservative appointed by President Trump, on behalf of a majority of the justices. Speaking from the bench, he said Apple’s theory of the case “contradicts the text of the antitrust statute, which broadly affords any injured party a right to sue.
  • In doing so, the justices stressed their decision was narrow, leaving a key element of the lawsuit — whether Apple acted anti-competitively — unresolved
  • Theoretically, a company such as Amazon could also be a target
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  • The Supreme Court’s decision still could have broader implications the tech industry. “For anybody who’s got a platform, this is one less thing to hide behind,”
  • “For some online marketplaces like Amazon, where consumers go online and pay Amazon but a seller is actually a third party, this seems to be [saying] those are direct purchases,” she added. Any case would hinge on whether Amazon actually acted anti-competitively, she said.
Javier E

Silicon Valley Powered American Tech Dominance-Now It Has a Challenger - WSJ - 0 views

  • Asian investors directed nearly as much money into startups last year as American investors did—40% of the record $154 billion in global venture financing versus 44%,
  • Asia’s share is up from less than 5% just 10 years ago.
  • That tidal wave of cash into promising young firms could herald a shift in who controls the world’s technological innovation and its economic fruits, from artificial intelligence to self-driving cars.
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  • Many Chinese tech companies are “at this critical size that the China market alone is not enough to support their business and valuation,
  • The surge also positions Asia’s investors to win stakes in markets that Western companies covet, or that have national security implications.
  • . “If you think that being the locus of invention gives you a boost to your GDP and so forth, that’s a deterioration of the U.S. competitive advantage.”
  • Although one of the biggest Asian investors is Japan’s SoftBank Group Corp. , which has tapped Middle Eastern money to create the world’s largest tech-investment fund, it is Chinese activity that is having the greatest impact.
  • China is creating unicorns—startups valued at a billion dollars or more—at much the same pace as the U.S., drawing on funding from internet giants like Alibaba Group Holding Ltd. and Tencent Holdings Ltd. as well as more than a thousand domestic venture-capital firms that have raised billions of dollars a year for the past few year
  • Chinese-led venture funding is about 15 times its size in 2013, outpacing growth in U.S.-led financing, which roughly doubled in that time period
  • Most Chinese-led investment so far has gone to the country’s own firms, the Journal analysis found. Many of them, like the Yelp equivalent Meituan-Dianping, are household names with millions of customers in China, yet virtually unknown elsewhere.
  • The rise of China’s venture market “signifies a shift from a single-epicenter view of the world to a duopoly,” he says.
  • Madhur Deora, chief financial officer for Paytm, one of India’s biggest e-payments firms, says the company approached Alibaba affiliate Ant Financial instead of U.S. backers for funding in 2015 because Chinese mobile-internet innovations are “way far ahead of anything that’s happened in the U.S.
  • One reason China’s push into new technologies worries many in the U.S. is that, unlike the hunt for good returns that underpins most Western venture finance, a lot of Chinese investment is driven by strategic interests, some carrying the specter of state influence.
  • China is pushing hard into semiconductors, for which the government has provided billions of dollars in public funding, and artificial intelligence, where Beijing in July set a goal of global leadership by 2030
  • Mr. Lee, the venture investor, predicts that in the next five to 10 years Chinese tech companies will become pacesetters for tech-related development, vying with the likes of Alphabet Inc.’s Google and Facebook for dominance in markets outside the English-speaking world and Western Europe.
  • “All the rest of the world will basically be a land grab between the U.S. and China,
  • “The U.S. approach is: We’ll build a better product and just win over all the countries,” says Mr. Lee. The Chinese approach is “we’ll fund the local partner to beat off the American companies.”
  • Asia’s rise as a startup financier is even starker in the biggest venture investments—those of $100 million or more. These megadeals have become an increasingly important part of venture finance as valuations have ballooned, with their proportion of deal volume growing from around 8% in 2007 to around half of the total last year.
  • In Southeast Asia, a flood of Chinese money into local startups—such as the $1.1 billion Alibaba-led investment into Indonesian online marketplace PT Tokopedia last year—is drawing the region closer to China
  • Chinese money is also playing a big role in India, which, with a population of 1.2 billion, has been described as the next big internet market. Chinese and Japanese investors each led nearly $3 billion in venture finance in India last year, ahead of the nearly $2 billion in deals led by U.S. investors
  • “Think of strategic investments and M&A as playing a game of go,” said Mr. Tsai, the Alibaba executive vice chairman, at the investor conference last year. “In a game of go the strategic objective is to put your pieces on the chessboard and surround your opponent.”
Javier E

Thieves of experience: On the rise of surveillance capitalism - 0 views

  • n the choices we make as consumers and private citizens, we have always traded some of our autonomy to gain other rewards. Many people, it seems clear, experience surveillance capitalism less as a prison, where their agency is restricted in a noxious way, than as an all-inclusive resort, where their agency is restricted in a pleasing way
  • Zuboff makes a convincing case that this is a short-sighted and dangerous view — that the bargain we’ve struck with the internet giants is a Faustian one
  • but her case would have been stronger still had she more fully addressed the benefits side of the ledger.
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  • there’s a piece missing. While Zuboff’s assessment of the costs that people incur under surveillance capitalism is exhaustive, she largely ignores the benefits people receive in return — convenience, customization, savings, entertainment, social connection, and so on
  • hat the industries of the future will seek to manufacture is the self.
  • Behavior modification is the thread that ties today’s search engines, social networks, and smartphone trackers to tomorrow’s facial-recognition systems, emotion-detection sensors, and artificial-intelligence bots.
  • All of Facebook’s information wrangling and algorithmic fine-tuning, she writes, “is aimed at solving one problem: how and when to intervene in the state of play that is your daily life in order to modify your behavior and thus sharply increase the predictability of your actions now, soon, and later.”
  • “The goal of everything we do is to change people’s actual behavior at scale,” a top Silicon Valley data scientist told her in an interview. “We can test how actionable our cues are for them and how profitable certain behaviors are for us.”
  • This goal, she suggests, is not limited to Facebook. It is coming to guide much of the economy, as financial and social power shifts to the surveillance capitalists
  • Combining rich information on individuals’ behavioral triggers with the ability to deliver precisely tailored and timed messages turns out to be a recipe for behavior modification on an unprecedented scale.
  • it was Facebook, with its incredibly detailed data on people’s social lives, that grasped digital media’s full potential for behavior modification. By using what it called its “social graph” to map the intentions, desires, and interactions of literally billions of individuals, it saw that it could turn its network into a worldwide Skinner box, employing psychological triggers and rewards to program not only what people see but how they react.
  • spying on the populace is not the end game. The real prize lies in figuring out ways to use the data to shape how people think and act. “The best way to predict the future is to invent it,” the computer scientist Alan Kay once observed. And the best way to predict behavior is to script it.
  • competition for personal data intensified. It was no longer enough to monitor people online; making better predictions required that surveillance be extended into homes, stores, schools, workplaces, and the public squares of cities and towns. Much of the recent innovation in the tech industry has entailed the creation of products and services designed to vacuum up data from every corner of our lives
  • “The typical complaint is that privacy is eroded, but that is misleading,” Zuboff writes. “In the larger societal pattern, privacy is not eroded but redistributed . . . . Instead of people having the rights to decide how and what they will disclose, these rights are concentrated within the domain of surveillance capitalism.” The transfer of decision rights is also a transfer of autonomy and agency, from the citizen to the corporation.
  • What we lose under this regime is something more fundamental than privacy. It’s the right to make our own decisions about privacy — to draw our own lines between those aspects of our lives we are comfortable sharing and those we are not
  • Other possible ways of organizing online markets, such as through paid subscriptions for apps and services, never even got a chance to be tested.
  • Online surveillance came to be viewed as normal and even necessary by politicians, government bureaucrats, and the general public
  • Google and other Silicon Valley companies benefited directly from the government’s new stress on digital surveillance. They earned millions through contracts to share their data collection and analysis techniques with the National Security Agenc
  • As much as the dot-com crash, the horrors of 9/11 set the stage for the rise of surveillance capitalism. Zuboff notes that, in 2000, members of the Federal Trade Commission, frustrated by internet companies’ lack of progress in adopting privacy protections, began formulating legislation to secure people’s control over their online information and severely restrict the companies’ ability to collect and store it. It seemed obvious to the regulators that ownership of personal data should by default lie in the hands of private citizens, not corporations.
  • The 9/11 attacks changed the calculus. The centralized collection and analysis of online data, on a vast scale, came to be seen as essential to national security. “The privacy provisions debated just months earlier vanished from the conversation more or less overnight,”
Javier E

The Not-So-Soft Bigotry of COVID Indifference - The Bulwark - 0 views

  • As the coronavirus pandemic continues to cut a wide swath through American communities, many have started to ignore it or, worse, rationalize the country’s mounting losses as a “sad but unavoidable” fact of life. The “sadness” appears to be of a very limited type. A recent poll found nearly 60 percent of Republicans view the deaths we’ve experienced as “acceptable.
  • There may be a relatively simple explanation for this complacency: the pandemic has disproportionately affected populations that are mostly out of sight and mind for the majority of Americans
  • COVID-19, for much of America, is something that happens to other people and many of the others are very old, very poor, people of color, or some combination of all these characteristics.
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  • Our real concern, the logic goes, should be for younger people who have their whole lives ahead of them and are sacrificing their economic futures to lockdowns. This collapse of the inter-generational compact has been far more effective at killing them off than any death panel dreamed up in Sarah Palin’s fevered imagination.
  • Similarly, ethnic and racial minorities including African Americans, Latinos/Hispanics, and Native Americans have all been disproportionately affected by COVID-19
  • Farm and food processing workers—dominated by Latino and other immigrant workers—are another population that has disproportionately been affected by COVID-19.
  • That social reciprocity has broken down to this degree ought to be an embarrassment and shame to us all.
  • Heavily agricultural regions like California’s Central Valleyand Washington State’s Yakima Valley have seen huge COVID spikes. In response, the U.S. Department of Labor has so far levied just $29,000 in fines against two companies, Smithfield and JBS, who have combined sales of $65 billion per year.
  • Adding to the misery of COVID-vulnerable populations is an unfortunate, and very human, tendency to find reasons to blame disadvantaged groups for their illness.
  • Reviewing the data and history pandemic discrimination, it’s hard to escape the conclusion that the majority of America has concluded that these groups—the poor, the minority, the imprisoned, and the elderly—are the “acceptable” losses.
  • Were the situation reversed and the white, middle aged, and middle/upper classes the primary victims of the pandemic—one of the features of the 1918 influenza—COVID-19 would be a true national emergency and there would be far less complaining about disrupted schools, work, and social life brought about by social distancing requirements and economic shutdowns
  • Last are the millions of Americans behind bars. Per statistics from the Marshall Project, there have been more than 121,000 COVID-19 cases reported among prisoners and more than a thousand deaths.
  • The message seems to be that Americans have abandoned e pluribus unum (out of many, one) for “everyone—or at least every group—for themselves.”
  • Pro-lifers have for decades protested American indifference to the deaths of millions of unborn children (another invisible and voiceless minority), and they have been right to do so. Where are these champions of human life when other weak and vulnerable populations are dying at the rate of a thousand a week or more?
lilyrashkind

French and Indian War - Seven Years War - HISTORY - 0 views

  • Also known as the Seven Years’ War, this New World conflict marked another chapter in the long imperial struggle between Britain and France.
  • William Pitt, the British turned the tide with victories at Louisbourg, Fort Frontenac and the French-Canadian stronghold of Quebec. At the 1763 peace conference, the British received the territories of Canada from France and Florida from Spain, opening the Mississippi Valley to westward expansion.
  • In the early 1750s, France’s expansion into the Ohio River valley repeatedly brought it into conflict with the claims of the British colonies, especially Virginia. In 1754, the French built Fort Duquesne where the Allegheny and Monongahela Rivers joined to form the Ohio River (in today’s Pittsburgh), making it a strategically important stronghold that the British repeatedly attacked. 
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  • During 1754 and 1755, the French won a string of victories, defeating in quick succession the young George Washington, Gen. Edward Braddock and Braddock’s successor, Governor William Shirley of Massachusetts. In 1755, Governor Shirley, fearing that the French settlers in Nova Scotia (Acadia) would side with France in any military confrontation, expelled hundreds of them to other British colonies; many of the exiles suffered cruelly. Throughout this period, the British military effort was hampered by lack of interest at home, rivalries among the American colonies and France’s greater success in winning the support of the Indians. 
  • The tide turned in 1757 because William Pitt, the new British leader, saw the colonial conflicts as the key to building a vast British empire. Borrowing heavily to finance the war, he paid Prussia to fight in Europe and reimbursed the colonies for raising troops in North America. 
  • In July 1758, the British won their first great victory at Louisbourg, near the mouth of the St. Lawrence River. A month later, they took Fort Frontenac at the western end of the river. 
  • The British then closed in on Quebec, where Gen. James Wolfe won a spectacular victory in the Battle of Quebec on the Plains of Abraham in September of 1759 (though both he and the French commander, the Marquis de Montcalm, were fatally wounded). 
  • The arrangement strengthened the American colonies significantly by removing their European rivals to the
  • north and south and opening the Mississippi Valley to westward expansion.
  • The British crown borrowed heavily from British and Dutch bankers to bankroll the war, doubling British national debt. King George II argued that since the French and Indian War benefited the colonists by securing their borders, they should contribute to paying down the war debt.To defend his newly won territory from future attacks, King George II also decided to install permanent British army units in the Americas, which required additional sources of revenue.
  • Fifteen years after the Treaty of Paris, French bitterness over the loss of most of their colonial empire contributed to their intervention on the side of the colonists in the Revolutionary War.
Javier E

Opinion | Richard Hanania's Racism Is Backed by Silicon Valley Billionaires - The New Y... - 0 views

  • [Hanania] expressed support for eugenics and the forced sterilization of “low IQ” people, who he argued were most often Black. He opposed “miscegenation” and “race-mixing.” And once, while arguing that Black people cannot govern themselves, he cited the neo-Nazi author of “The Turner Diaries,” the infamous novel that celebrates a future race war.
  • He still makes explicitly racist statements and arguments, now under his own name. “I don’t have much hope that we’ll solve crime in any meaningful way,” he wrote on the platform formerly known as Twitter earlier this year. “It would require a revolution in our culture or form of government. We need more policing, incarceration, and surveillance of black people. Blacks won’t appreciate it, whites don’t have the stomach for it.”
  • Responding to the killing of a homeless Black man on the New York City subway, Hanania wrote, “These people are animals, whether they’re harassing people in subways or walking around in suits.”
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  • According to Jonathan Katz, a freelance journalist, Hanania’s organization, the Center for the Study of Partisanship and Ideology, has received at least $700,000 in support through anonymous donations. He is also a visiting scholar at the Salem Center at the University of Texas at Austin — funded by Harlan Crow.
  • A whole coterie of Silicon Valley billionaires and millionaires have lent their time and attention to Hanania, as well as elevated his work. Marc Andreessen, a powerful venture capitalist, appeared on his podcast. David Sacks, a close associate of Elon Musk, wrote a glowing endorsement of Hanania’s forthcoming book. So did Peter Thiel, the billionaire supporter of right-wing causes and organizations. “D.E.I. will never d-i-e from words alone,” wrote Thiel. “Hanania shows we need the sticks and stones of government violence to exorcise the diversity demon.” Vivek Ramaswamy, the Republican presidential candidate, also praised the book as a “devastating kill shot to the intellectual foundations of identity politics in America.”
  • why an otherwise obscure racist has the ear and support of some of the most powerful people in Silicon Valley? What purpose, to a billionaire venture capitalist, do Hanania’s ideas serve?
  • Look back to our history and the answer is straightforward. Just as in the 1920s (and before), the idea of race hierarchy works to naturalize the broad spectrum of inequalities, and capitalist inequality in particular.
  • If some groups are simply meant to be at the bottom, then there are no questions to ask about their deprivation, isolation and poverty. There are no questions to ask about the society which produces that deprivation, isolation and poverty. And there is nothing to be done, because nothing can be done: Those people are just the way they are.
  • the idea of race hierarchy “creates the illusion of cross-class solidarity between these masters of infinite wealth and their propagandist and supporter class: ‘We are of the same special breed, you and I.’” Relations of domination between groups are reproduced as relations of domination between individuals.
  • This, in fact, has been the traditional role of supremacist ideologies in the United States — to occlude class relations and convert anxiety over survival into the jealous protection of status
  • worked in concrete ways to bound the two things, survival and status, together; to create the illusion that the security, even prosperity, of one group rests on the exclusion of another
Javier E

Opinion | A Tech Overlord's Horrifying, Silly Vision for Who Should Rule the World - Th... - 0 views

  • Mr. Andreessen outlines a vision of technologists as the authors of a future in which the “techno-capital machine” produces everything that is good in the world.
  • In this vision, wealthy technologists are not just leaders of their business but keepers of the social order, unencumbered by what Mr. Andreessen labels “enemies”: social responsibility, trust and safety, tech ethics, to name a few.
  • this view is already enshrined in our culture. Major tent-poles of public policy support it.
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  • the real problem with Mr. Andreessen’s manifesto may be not that it’s too outlandish, but that it’s too on-the-nose.
  • Neoreactionary thought contends that the world would operate much better in the hands of a few tech-savvy elites in a quasi-feudal system. Mr. Andreessen, through this lens, believes that advancing technology is the most virtuous thing one can do.
  • And the way we regard that wealth as a product of good decision-making and righteous hard work, no matter how many billions of dollars of investors’ money they may have vaporized, how many other people contributed to their success or how much government money subsidized it
  • In the case of ordinary individuals, however, debt is regarded as not just a financial failure but a moral one. (If you are successful and have paid your student loans off, taking them out in the first place was a good decision. If you haven’t and can’t, you were irresponsible and the government should not enable your freeloading.)
  • He articulates (albeit in a refrigerator magnet poetry kind of way) a strain of nihilism that has gained traction among tech elites, and reveals much of how they think about their few remaining responsibilities to society.
  • This strain of thinking is disdainful of democracy and opposes institutions (a free press, for example) that bolster it. It despises egalitarianism and views oppression of marginalized groups as a problem of their own making.
  • Who is doing the telling here, and who is being told? It’s not technology (a term so broad it encompasses almost everything) that’s reducing wages and increasing inequality — it’s the ultrawealthy, people like Mr. Andreessen.
  • It argues for an extreme acceleration of technological advancement regardless of consequences, in a way that makes “move fast and break things” seem modest.
  • Mr. Andreessen claims to be against authoritarianism, but really, it’s a matter of choosing the authoritarian — and the neoreactionary authoritarian of choice is a C.E.O. who operates as king.
  • it is taken seriously by people who imagine themselves potential Chief Executive Authoritarians, or at the very least proxies. This includes another Silicon Valley billionaire, Peter Thiel, who has funded some of Mr. Yarvin’s work and once wrote that he believed democracy and freedom were incompatible.
  • how did they sell so many other people on it? By pretending that for all their wealth and influence, they are not the real elites.
  • When Mr. Andreessen says “we” are being lied to, he includes himself, and when he names the liars, they’re those in “the ivory tower, the know-it-all credentialed expert worldview,” who are “disconnected from the real world, delusional, unelected, and unaccountable — playing God with everyone else’s lives, with total insulation from the consequences.”
  • His depiction of academics of course sounds a lot like — well, like tech overlords, who are often insulated from the real-world consequences of their inventions, including but not limited to promoting disinformation, facilitating fraud and enabling genocidal regimes.
  • “We are told that technology takes our jobs,” Mr. Andreessen writes, “reduces our wages, increases inequality, threatens our health, ruins the environment, degrades our society, corrupts our children, impairs our humanity, threatens our future, and is ever on the verge of ruining everything.”
  • You can see it in the way we valorize the C.E.O.s of “unicorn” companies who have expanded their wealth far beyond what could possibly be justified by their individual contributions
  • The argument for total acceleration of technological development is not about optimism, except in the sense that the Andreessens and Thiels and Musks are certain that they will succeed. It’s pessimism about democracy — and ultimately, humanity.
  • the billionaire classes of Silicon Valley are frustrated that they cannot just accelerate their way into the future, one in which they can become human/technological hybrids and live forever in a colony on Mars
  • In pursuit of this accelerated post-Singularity future, any harm they’ve done to the planet or to other people is necessary collateral damage. It’s the delusion of people who’ve been able to buy their way out of everything uncomfortable, inconvenient or painful, and don’t accept the fact that they cannot buy their way out of death.
Javier E

The Contradictions of Sam Altman, the AI Crusader Behind ChatGPT - WSJ - 0 views

  • Mr. Altman said he fears what could happen if AI is rolled out into society recklessly. He co-founded OpenAI eight years ago as a research nonprofit, arguing that it’s uniquely dangerous to have profits be the main driver of developing powerful AI models.
  • He is so wary of profit as an incentive in AI development that he has taken no direct financial stake in the business he built, he said—an anomaly in Silicon Valley, where founders of successful startups typically get rich off their equity. 
  • His goal, he said, is to forge a new world order in which machines free people to pursue more creative work. In his vision, universal basic income—the concept of a cash stipend for everyone, no strings attached—helps compensate for jobs replaced by AI. Mr. Altman even thinks that humanity will love AI so much that an advanced chatbot could represent “an extension of your will.”
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  • The Tesla Inc. CEO tweeted in February that OpenAI had been founded as an open-source nonprofit “to serve as a counterweight to Google, but now it has become a closed source, maximum-profit company effectively controlled by Microsoft. Not what I intended at all.”
  • Backers say his brand of social-minded capitalism makes him the ideal person to lead OpenAI. Others, including some who’ve worked for him, say he’s too commercially minded and immersed in Silicon Valley thinking to lead a technological revolution that is already reshaping business and social life. 
  • In the long run, he said, he wants to set up a global governance structure that would oversee decisions about the future of AI and gradually reduce the power OpenAI’s executive team has over its technology. 
  • OpenAI researchers soon concluded that the most promising path to achieve artificial general intelligence rested in large language models, or computer programs that mimic the way humans read and write. Such models were trained on large volumes of text and required a massive amount of computing power that OpenAI wasn’t equipped to fund as a nonprofit, according to Mr. Altman. 
  • In its founding charter, OpenAI pledged to abandon its research efforts if another project came close to building AGI before it did. The goal, the company said, was to avoid a race toward building dangerous AI systems fueled by competition and instead prioritize the safety of humanity.
  • While running Y Combinator, Mr. Altman began to nurse a growing fear that large research labs like DeepMind, purchased by Google in 2014, were creating potentially dangerous AI technologies outside the public eye. Mr. Musk has voiced similar concerns of a dystopian world controlled by powerful AI machines. 
  • Messrs. Altman and Musk decided it was time to start their own lab. Both were part of a group that pledged $1 billion to the nonprofit, OpenAI Inc. 
  • Mr. Altman said he doesn’t necessarily need to be first to develop artificial general intelligence, a world long imagined by researchers and science-fiction writers where software isn’t just good at one specific task like generating text or images but can understand and learn as well or better than a human can. He instead said OpenAI’s ultimate mission is to build AGI, as it’s called, safely.
  • “We didn’t have a visceral sense of just how expensive this project was going to be,” he said. “We still don’t.”
  • Tensions also grew with Mr. Musk, who became frustrated with the slow progress and pushed for more control over the organization, people familiar with the matter said. 
  • OpenAI executives ended up reviving an unusual idea that had been floated earlier in the company’s history: creating a for-profit arm, OpenAI LP, that would report to the nonprofit parent. 
  • Reid Hoffman, a LinkedIn co-founder who advised OpenAI at the time and later served on the board, said the idea was to attract investors eager to make money from the commercial release of some OpenAI technology, accelerating OpenAI’s progress
  • “You want to be there first and you want to be setting the norms,” he said. “That’s part of the reason why speed is a moral and ethical thing here.”
  • The decision further alienated Mr. Musk, the people familiar with the matter said. He parted ways with OpenAI in February 2018. 
  • Mr. Musk announced his departure in a company all-hands, former employees who attended the meeting said. Mr. Musk explained that he thought he had a better chance at creating artificial general intelligence through Tesla, where he had access to greater resources, they said.
  • OpenAI said that it received about $130 million in contributions from the initial $1 billion pledge, but that further donations were no longer needed after the for-profit’s creation. Mr. Musk has tweeted that he donated around $100 million to OpenAI. 
  • Mr. Musk’s departure marked a turning point. Later that year, OpenAI leaders told employees that Mr. Altman was set to lead the company. He formally became CEO and helped complete the creation of the for-profit subsidiary in early 2019.
  • A young researcher questioned whether Mr. Musk had thought through the safety implications, the former employees said. Mr. Musk grew visibly frustrated and called the intern a “jackass,” leaving employees stunned, they said. It was the last time many of them would see Mr. Musk in person.  
  • In the meantime, Mr. Altman began hunting for investors. His break came at Allen & Co.’s annual conference in Sun Valley, Idaho in the summer of 2018, where he bumped into Satya Nadella, the Microsoft CEO, on a stairwell and pitched him on OpenAI. Mr. Nadella said he was intrigued. The conversations picked up that winter.
  • “I remember coming back to the team after and I was like, this is the only partner,” Mr. Altman said. “They get the safety stuff, they get artificial general intelligence. They have the capital, they have the ability to run the compute.”   
  • Mr. Altman disagreed. “The unusual thing about Microsoft as a partner is that it let us keep all the tenets that we think are important to our mission,” he said, including profit caps and the commitment to assist another project if it got to AGI first. 
  • Some employees still saw the deal as a Faustian bargain. 
  • OpenAI’s lead safety researcher, Dario Amodei, and his lieutenants feared the deal would allow Microsoft to sell products using powerful OpenAI technology before it was put through enough safety testing,
  • They felt that OpenAI’s technology was far from ready for a large release—let alone with one of the world’s largest software companies—worrying it could malfunction or be misused for harm in ways they couldn’t predict.  
  • Mr. Amodei also worried the deal would tether OpenAI’s ship to just one company—Microsoft—making it more difficult for OpenAI to stay true to its founding charter’s commitment to assist another project if it got to AGI first, the former employees said.
  • Microsoft initially invested $1 billion in OpenAI. While the deal gave OpenAI its needed money, it came with a hitch: exclusivity. OpenAI agreed to only use Microsoft’s giant computer servers, via its Azure cloud service, to train its AI models, and to give the tech giant the sole right to license OpenAI’s technology for future products.
  • In a recent investment deck, Anthropic said it was “committed to large-scale commercialization” to achieve the creation of safe AGI, and that it “fully committed” to a commercial approach in September. The company was founded as an AI safety and research company and said at the time that it might look to create commercial value from its products. 
  • Mr. Altman “has presided over a 180-degree pivot that seems to me to be only giving lip service to concern for humanity,” he said. 
  • “The deal completely undermines those tenets to which they secured nonprofit status,” said Gary Marcus, an emeritus professor of psychology and neural science at New York University who co-founded a machine-learning company
  • The cash turbocharged OpenAI’s progress, giving researchers access to the computing power needed to improve large language models, which were trained on billions of pages of publicly available text. OpenAI soon developed a more powerful language model called GPT-3 and then sold developers access to the technology in June 2020 through packaged lines of code known as application program interfaces, or APIs. 
  • Mr. Altman and Mr. Amodei clashed again over the release of the API, former employees said. Mr. Amodei wanted a more limited and staged release of the product to help reduce publicity and allow the safety team to conduct more testing on a smaller group of users, former employees said. 
  • Mr. Amodei left the company a few months later along with several others to found a rival AI lab called Anthropic. “They had a different opinion about how to best get to safe AGI than we did,” Mr. Altman said.
  • Anthropic has since received more than $300 million from Google this year and released its own AI chatbot called Claude in March, which is also available to developers through an API. 
  • Mr. Altman shared the contract with employees as it was being negotiated, hosting all-hands and office hours to allay concerns that the partnership contradicted OpenAI’s initial pledge to develop artificial intelligence outside the corporate world, the former employees said. 
  • In the three years after the initial deal, Microsoft invested a total of $3 billion in OpenAI, according to investor documents. 
  • More than one million users signed up for ChatGPT within five days of its November release, a speed that surprised even Mr. Altman. It followed the company’s introduction of DALL-E 2, which can generate sophisticated images from text prompts.
  • By February, it had reached 100 million users, according to analysts at UBS, the fastest pace by a consumer app in history to reach that mark.
  • n’s close associates praise his ability to balance OpenAI’s priorities. No one better navigates between the “Scylla of misplaced idealism” and the “Charybdis of myopic ambition,” Mr. Thiel said. 
  • Mr. Altman said he delayed the release of the latest version of its model, GPT-4, from last year to March to run additional safety tests. Users had reported some disturbing experiences with the model, integrated into Bing, where the software hallucinated—meaning it made up answers to questions it didn’t know. It issued ominous warnings and made threats. 
  • “The way to get it right is to have people engage with it, explore these systems, study them, to learn how to make them safe,” Mr. Altman said.
  • After Microsoft’s initial investment is paid back, it would capture 49% of OpenAI’s profits until the profit cap, up from 21% under prior arrangements, the documents show. OpenAI Inc., the nonprofit parent, would get the rest.
  • He has put almost all his liquid wealth in recent years in two companies. He has put $375 million into Helion Energy, which is seeking to create carbon-free energy from nuclear fusion and is close to creating “legitimate net-gain energy in a real demo,” Mr. Altman said.
  • He has also put $180 million into Retro, which aims to add 10 years to the human lifespan through “cellular reprogramming, plasma-inspired therapeutics and autophagy,” or the reuse of old and damaged cell parts, according to the company. 
  • He noted how much easier these problems are, morally, than AI. “If you’re making nuclear fusion, it’s all upside. It’s just good,” he said. “If you’re making AI, it is potentially very good, potentially very terrible.” 
Javier E

What Can't Tech Money Buy? - The New York Times - 0 views

  • IT did not take long for the tech industry to become the new establishment, and to assign itself the rights and responsibilities that come with such prosperity.
  • Tech’s elite, lauded for their originality, are influencing media, politics and society at large with a kind of venture philanthropy, much as their industrial predecessors did more than 100 years ago.
  • The robber barons of the 19th and 20th centuries were kings of infrastructure. The people with towering wealth today are kings of information. The rise of Silicon Valley is best understood as a new industrial revolution in this tradition.
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  • In recent years, many of the industry’s elite have pledged financial support to schools, hospitals, police stations and homeless shelters, all while many of the industry’s companies have avoided paying taxes that would fund those same vital public institutions.
  • Any philanthropy seems legitimate when it aligns with your own goals.
  • To many of Gawker’s critics, Mr. Thiel is a hero on a charitable crusade for justice. It would be safe to say that this is how his fellow Silicon Valley philanthropists would also define their giving. They are under a presumptive mandate to improve society according to their own values, purely because they have made a lot of money while most everyone else has not. The Gospel of Wealth dictates that this is not only their ability, but their responsibility.
  • We did indeed give them this mandate through our politics: loose campaign finance laws and lower tax rates. Through policies that have reinforced exceptional wealth disparities, we have allowed them not just to govern themselves, but us as well.
  • the concerned public might take a different, simpler tack.Mr. Thiel told an interviewer in 2012 that he feared the result of this precipitous wealth gap. “In the history of the modern world, inequality has only been ended through Communist revolution, war or deflationary economic collapse,” he said. “It’s a disturbing question which of these three is going to happen today, or if there’s a fourth way out.”
  • If we’re lucky, there may be, but Mr. Thiel isn’t going to like it. Wealth gleaned by way of tax dodges and monopolistic business practices is wealth stolen from the public, even when it is returned in the form of supposed gifts.
  • Philanthropy has the power to do a great deal of good, but so do tax dollars allocated in an equitable democratic system. Perhaps it’s time to adopt a Gospel of Government.
Javier E

A Plan in Case Robots Take the Jobs: Give Everyone a Paycheck - The New York Times - 0 views

  • In Robot America, most manual laborers will have been replaced by herculean bots. Truck drivers, cabbies, delivery workers and airline pilots will have been superseded by vehicles that do it all. Doctors, lawyers, business executives and even technology columnists for The New York Times will have seen their ranks thinned by charming, attractive, all-knowing algorithms.
  • U.B.I., and it goes like this: As the jobs dry up because of the spread of artificial intelligence, why not just give everyone a paycheck?
  • While U.B.I. has been associated with left-leaning academics, feminists and other progressive activists, it has lately been adopted by a wider range of thinkers, including some libertarians and conservatives. It has also gained support among a cadre of venture capitalists in New York and Silicon Valley, the people most familiar with the potential for technology to alter modern work.
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  • tech supporters of U.B.I. consider machine intelligence to be something like a natural bounty for society: The country has struck oil, and now it can hand out checks to each of its citizens.
  • These supporters argue machine intelligence will produce so much economic surplus that we could collectively afford to liberate much of humanity from both labor and suffering.
  • As computers perform more of our work, we’d all be free to become artists, scholars, entrepreneurs or otherwise engage our passions in a society no longer centered on the drudgery of daily labor.
  • “For a couple hundred years, we’ve constructed our entire world around the need to work. Now we’re talking about more than just a tweak to the economy — it’s as foundational a departure as when we went from an agrarian society to an industrial one.”
  • “I think it’s a bad use of a human to spend 20 years of their life driving a truck back and forth across the United States,” Mr. Wenger said. “That’s not what we aspire to do as humans — it’s a bad use of a human brain — and automation and basic income is a development that will free us to do lots of incredible things that are more aligned with what it means to be human.”
  • There is an urgency to the techies’ interest in U.B.I. They argue that machine intelligence reached an inflection point in the last couple of years, and that technological progress now looks destined to change how most of the world works.
  • Wage growth is sluggish, job security is nonexistent, inequality looks inexorable, and the ideas that once seemed like a sure path to a better future (like taking on debt for college) are in doubt. Even where technology has created more jobs, like the so-called gig economy work created by services like Uber, it has only added to our collective uncertainty about the future of work.
  • people are looking at these trends and realizing these questions about the future of work are more real and immediate than they guessed,”
  • A cynic might see the interest of venture capitalists in U.B.I. as a way for them to atone for their complicity in the tech that might lead to permanent changes in the global economy.
  • they don’t see U.B.I. merely as a defense of the current social order. Instead they see automation and U.B.I. as the most optimistic path toward wider social progress.
  • When you give everyone free money, what do people do with their time? Do they goof off, or do they try to pursue more meaningful pursuits? Do they become more entrepreneurial? How would U.B.I. affect economic inequality? How would it alter people’s psychology and mood? Do we, as a species, need to be employed to feel fulfilled, or is that merely a legacy of postindustrial capitalism?
  • Proponents say these questions will be answered by research, which in turn will prompt political change. For now, they argue the proposal is affordable if we alter tax and welfare policies to pay for it, and if we account for the ways technological progress in health care and energy will reduce the amount necessary to provide a basic cost of living.
  • They also note that increasing economic urgency will push widespread political acceptance of the idea. “There’s a sense that growing inequality is intractable, and that we need to do something about it,
  • Andrew L. Stern, a former president of the Service Employees International Union, who is working on a book about U.B.I., compared the feeling of the current anxiety around jobs to a time of war. “I grew up during the Vietnam War, and my parents were antiwar for one reason: I could be drafted,” he said.
  • Today, as people across all income levels become increasingly worried about how they and their children will survive in tech-infatuated America, “we are back to the Vietnam War when it comes to jobs,
Javier E

Roberts's Rules - The Atlantic - 0 views

  • Roberts seemed frustrated by the degree to which the media focused on the handful of divisive cases rather than on the greater number of unanimous ones, and also by the degree to which some of his colleagues were acting more like law professors than members of a collegial Court.
  • “If the Court in Marshall’s era had issued decisions in important cases the way this Court has over the past thirty years, we would not have a Supreme Court today of the sort that we have,” he said. “That suggests that what the Court’s been doing over the past thirty years has been eroding, to some extent, the capital that Marshall built up.” Roberts added, “I think the Court is also ripe for a similar refocus on functioning as an institution, because if it doesn’t it’s going to lose its credibility and legitimacy as an institution.”
  • Roberts believes that Marshall’s temperament and worldview came from his experiences as a soldier at Valley Forge, where he developed a commitment to the success of the nation. “Some have speculated that the real root of Marshall’s ill feeling to Jefferson was that Jefferson was not at Valley Forge, was not in the fight, and had what Marshall might regard as a somewhat precious attachment to ideas for the sake of ideas, while Marshall was more personally invested in the success of the American experiment.
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  • Roberts said his decision to embrace Marshall’s vision was a reaction to “the personalization of judicial politics.”
  • Roberts praised justices who were willing to put the good of the Court above their own ideological agendas. “A justice is not like a law professor, who might say, ‘This is my theory … and this is what I’m going to be faithful to and consistent with,’ and in twenty years will look back and say, ‘I had a consistent theory of the First Amendment as applied to a particular area,’”
  • Instead of nine justices moving in nine separate directions, Roberts said, “it would be good to have a commitment on the part of the Court to acting as a Court, rather than being more concerned about the consistency and coherency of an individual judicial record.”
  • I think it’s bad, long-term, if people identify the rule of law with how individual justices vote.”
  • n Roberts’s view, the most successful chief justices help their colleagues speak with one voice. Unanimous, or nearly unanimous, decisions are hard to overturn and contribute to the stability of the law and the continuity of the Court; by contrast, closely divided, 5–4 decisions make it harder for the public to respect the Court as an impartial institution that transcends partisan politics.
  • “It’s sobering to think of the seventeen chief justices; certainly a solid majority of them have to be characterized as failures,” Roberts said with a rueful smile. “The successful ones are hard to number.”
  • “the chief’s ability to get the Court to do something is really quite restrained.
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