Category Archives: WHAT IS TRUTH

THE BEADY EYE ASK’S. WITH THE SATURATION OF THE WEB BY GREEDY ALGORITHMS ARE WE SEEING THE END OF CHOICE.

20 Wednesday Nov 2019

Posted by in 2019: The Year of Disconnection., Algorithms., Artificial Intelligence., Dehumanization., Democracy., Digital Friendship., Education, Elections/ Voting, Fake News., Fourth Industrial Revolution., HUMAN INTELLIGENCE, Modern Day Democracy., Modern day life., Our Common Values., Post - truth politics., Reality., Robot citizenship., Social Media, The common good., The essence of our humanity., The Obvious., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World

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(Seven-minute read) 

The degree of choice on the web can be overwhelming, but who, exactly, is making the “Choice”

Has The web has been highjacked by Google, Microsoft, Apple, and Social Media and their like?

Why?

Besause they are absorbing their users’ personal data and feeding greedy algrithms who in the end are disempowered by isolation from the wider web. 

(By clicking continue below and using our sites or applications, you agree that we and our third party advertisers can:)

Greedy algorithms can be characterized as being ‘short-sighted’, and also as ‘non-recoverable’. The choice made by a greedy algorithm may depend on choices made so far, but not on future choices or all the solutions to the subproblem.

It is important, however, to note that the greedy algorithm can be used as a selection algorithm to prioritize options within a search, or branch-and-bound algorithm. They iteratively make one greedy choice after another, reducing each given problem into a smaller one.

They can make commitments to certain choices too early which prevent them from finding the best overall solution later.

Without any accountability, they are drastically changing the ways we conduct our daily lives.

There are a few variations to the greedy algorithm:

  • Pure greedy algorithms.
  • Orthogonal greedy algorithms.
  • Relaxed greedy algorithms.
  • It’s no wonder that Berners-Lee isn’t particularly pleased with the way things have gone with his creation.

With Social networks, slowly algorithms are growing more and more powerful and their predictions growing more accurate. It won’t be long before we could see living, breathing, as the choices of a greedy algorithm.  

In other words, a greedy algorithm never reconsiders its choices. 

The web is cleaving into the haves and have-nots of news readership. Wealthy readers will pay to opt-out of advertising; less privileged readers will have to stick with news that’s ad-supported.

For example, take Google, one of the leaders in using big data and algorithms to support human decision-making. Google has developed both a hiring algorithm and a retention algorithm it analyzes candidates against this profile to make hiring decisions.

Algorithms to develop lists of “flight risks” — that is, people who are likely to leave their jobs soon. 

Amazon’s Choice” algorithm, which leverages a machine learning model to discern what products a customer most likely wants. Amazon Alexa and other voice assistants are drastically changing the ways consumers encounter products.

Customers are no longer putting themselves in front of physical products before purchasing them.

As more users are turning to voice ordering through the Amazon Alexa platform and its competitors we are losing control over our personal data. 

Hopefully, Amazon’s algorithms are capable of remaining unbiased.

(We can make whatever choice seems best at the moment and then solve the subproblems that arise later.) 

On top of all of this, we have all become blind to the damage that the internet can do to even a well-functioning democracy. Brexit/ USA.

It might be true that around the world, social media is making it easier for people to have a voice in government — to discuss issues, organize around causes, and hold leaders accountable, but these governments are winning elections by false news, echo chambers where people only see viewpoints they agree with — further driving us apart.

Social media can distort policymakers’ perception of public opinion.

If there’s one fundamental truth about social media’s impact on democracy it’s that it amplifies human intent — both good and bad.

Unprecedented numbers of people channel their political energy through this medium, it’s being used in unforeseen ways with societal repercussions that were never anticipated. 

So it is inevitable that Facebook to influence public sentiment — essentially using social media as an information weapon.

Some 87% of governments around the world have a presence on Facebook.

And they’re listening — and responding — to what they hear.

Misinformation campaigns are not amateur operations.

Increasingly the web will become profoundly useless unless we demand the Web we want from Governments and the Monomorphic platforms that dominate it today. 

We are all part of the web so what we endorse must be questioned as to the transparency as to where the information comes from in the first place.

Today the bulk of people who are or not doing this are isolated from each other by Apps.

The like button is not a public metric for the popularity of content. It is a flattener of credibility.

There is no point waking in the morning with Alexa telling you what to do, where to go and what it has bought and who to vote for.  

Even if social media could be cured of its outrage -enhancing effects it is undermining democracy.

Even though we have unprecedented access to all that was ever written and digitized we are less familiar with the accumulated wisdom of humanity becoming more and more misguided. 

The Web is now a global experiment that will test the very foundation of our global communities

There can not be self -governance for the web.

Fake news, Racism, Pornographic content and unfounded crap should be removed by not allowing anything to be posted without a traceable verified name or source.  

Are you sure you want to post this? It is your choice and your choice alone.

Perhaps its time we all franchise our data as we are entering into a continuous partnership so both parties need to be confident it’s the right fit. It’s all a choice. Just do something about it- YOU CAN, what is true technology integration? 

How we are going to learn content is one of the ways forward.

In fact, everywhere we look we are starting to be presented with more choices.

Resolve to avoid false comparisons on the web is not possible so the future of the web is all about choice but it is important to understand the paradox of choice.

Choice without education or choice with education.

you ultimately do have to choose. so be the difference that

makes the difference. 

 

Events change our perception and our perspective changes

with experience but at least let our choices about Our lives

which are constantly in flux be our choices. 

All human comments appreciated. All like clicks and abuse chucked in the bin. 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE ASK’S. IS THIS THE WORLD YOU WANT TO LIVE IN NEVER MIND LIVE ON.

14 Thursday Nov 2019

Posted by in 2019., Artificial Intelligence., Humanity., Modern day life., Our Common Values., Reality., Sustaniability, Technology, The common good., The essence of our humanity., The Future, The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World

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(Twenty-minute read) 

Never mind standing on the moon here are some depressing reality about your planet Earth.

We live in a world of trillions of living organisms and billions of humans and few millions of other species.

There are over 35 major conflicts going on in the world today.

There are nearly 210 million orphans in the world.

More than 500 million small arms and light weapons are in circulation around the world.

There are approximately 30,000 nuclear warheads in the world today.

Current global military spending is approximately $800 billion per year; more than the total annual income of the poorest 45% of the global population.

Genocide and other mass murders killed more people in the 20th century than all wars combined.

AND THAT JUST FOR OPENERS. 

35% of the world’s people live in countries in which basic political rights and civil liberties are denied (such as freedom of speech, religion, press, fair trials, democratic political processes, etc).

Over 100 million people live in slums.

1 billion people – 1/3rd of the world’s labour force, are unemployed or underemployed.

Cows earns more than 1.2 billion of the world’s poorest people.

An estimated 27 million people are enslaved around the world, including an estimated 20 million people held in bonded labour (forced to work in order to pay off a debt, also known as ‘debt bondage’). 

At least 700,000 people annually, and up to 2 million, mostly women and children, are victims of human trafficking worldwide (a modern form of slavery — bought, sold, transported and held against their will in slave-like conditions)..

About 246 million, or 1 out of 6, children ages 5 to 17 worldwide are involved in child labor

3 billion of the world’s people (one-half) live in ‘poverty’ (living on less than $2 per day). 1.3 billion people live in ‘absolute’ or ‘extreme poverty’ (living on less than $1 per day). Both in rich countries and poor, a staggering 30-50% of all food produced rots away uneaten.homeless

By 2025, at least 3.5 billion people or nearly 2/3rd’s of the world’s population will face water scarcity. More than 2.2 million people, mostly children, die each year from water related diseases.

The richest 1% of the world’s people earned as much income as the bottom 57% (2.7 billion people) The top 5% of the world’s people earn more income than the bottom 80%. One fourth of humanity lives without electricity.

The wealth of the world’s 7.1 million millionaires ($27 trillion) equals the total combined annual income of the entire planet.

The combined wealth of the world’s richest 300 individuals is equal to the total annual income of 45% of the world’s population. 

The world’s 3 wealthiest families have a combined wealth equal to the annual income of 600 million of the world’s people.  The wealthiest one-fifth of the world’s population receive an average income that is 75 times greater than the poorest one-fifth.

Half of the forests that originally covered 46% of the Earth’s land surface are gone.

Between 10 and 20 percent of all species will be driven to extinction in the next 20 to 50 years.

Almost a quarter of the world’s mammal species will face extinction within 30 years. Up to 47% of the world’s plant species are at risk of extinction.

60% of the world’s coral reefs, which contain up to one-fourth of all marine species, could be lost in the next 20-40 years.

Land degradation threaten nearly one-quarter of the land surface of the globe.

An estimated 40-80 million people have been forcibly evicted and displaced from their lands to make way for the construction of large dams,

Global warming is expected to increase the Earth’s temperature by 3C (5.4F) in the next 100 years.

While we witness the horrific events that are occurring within our society and world today now with a blink of an eye, our world is constantly changing, for the good, but also for the worst.

With technology, we are losing sight of what is important.

We have begun to categorize people based on how they act, what they wear, their political party, their skin color, where they live and so many other factors. 

We are always forgetting ourselves until someone wakes up to remind us of who we really are.  Humans?

The world was always beautiful. It’s only becoming lesser and lesser.

There is only this world, only this single reality, and its shared by everybody, everyday… Not created.

 Were economically and morally bankrupt.

THIS IS THE WORLD WE LIVE IN.

The world has no one society. Surely its time we started to vote with our eyes not our ears. 

All human comments appreciated

. All like clicks and abuse chucked in the bin. 

 

THE BEADY EYE LOOK’S AT THE IMPLICATIONS OF NON REGULATED FACIAL RECOGNITION TECHNOLOGY.

11 Monday Nov 2019

Posted by in Artificial Intelligence., Facial Recognition., Technology, The cloud., The common good., The essence of our humanity., The Obvious., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Politics

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(Twenty-minute read)

Advanced technology no longer stands apart from society; it is becoming deeply infused in our personal and professional lives.

Perhaps as much as any advance, facial recognition raises a critical question: what role do we want this type of technology to play in everyday society?

The issues relating to facial recognition go well beyond questions of bias themselves, raising critical questions about our fundamental freedoms.

You might not think it but we are in the midst of a facial recognition technology race.

Imagine a government tracking everywhere you walked over the past month without your permission or knowledge.

Imagine a database of everyone who attended a political rally that constitutes the very essence of free speech.

Imagine the stores of a shopping mall using facial recognition to share information with each other about each shelf that you browse and the product you buy, without asking you first.

Imagine an inability to protest your government.  What if health insurance providers can track how often you eat at Burger King.

There is no shortage of tragic scenarios when such technology becomes ingrained in our society. It has vast potential to enslave society.

There could be dire consequences for citizens around the world.

So will facial recognition become part of everyday life?

This technology is actively being tested all around the world and it will only keep improving.

Presently smartphones utilize sensors and accelerometers to track our every behaviour, understanding exactly when we wake up in the morning, where our offices are, where we shop for groceries, what our interests are and how we spend our time.

We are willingly giving up our personal information that these “free” services offer, then turn around and sell for profit, all for a split-second hit of dopamine when someone “likes” a picture we post on Facebook.

Facial recognition surveillance is powerful not only because it is highly accurate, but also because of how discreet the set up is. You don’t realize when it’s surveilling you or your family. It runs in the shadows creating no noises, you don’t’ walk through any detectors, you don’t sign anything, and you don’t press your fingertips against a pad.

It just happens.

Increasingly it will define the decade ahead.

It can’t be left to tech companies to limit the way government agencies use facial recognition and other technology. Facial recognition technology raises issues that go to the heart of fundamental human rights.

Protections like privacy and freedom of expression.

So let me ask you.

  • Should law enforcement use of facial recognition be subject to human oversight and controls, including restrictions on the use of unaided facial recognition technology as evidence of an individual’s guilt or innocence of a crime?
  • Similarly, should we ensure there are civilian oversight and accountability for the use of facial recognition as part of governmental national security technology practices?
  • What types of legal measures can prevent the use of facial recognition for racial profiling and other violations of rights while still permitting the beneficial uses of the technology?
  • Should the use of facial recognition by public authorities or others be subject to minimum performance levels on accuracy?
  • Should the law require that retailers post visible notice of their use of facial recognition technology in public spaces?
  • Should the law require that companies obtain prior consent before collecting individuals’ images for facial recognition? If so, in what situations and places should this apply? And what is the appropriate way to ask for and obtain such consent?
  • Should we ensure that individuals have the right to know what photos have been collected and stored that have been identified with their names and faces?
  • Should we create processes that afford legal rights to individuals who believe they have been misidentified by a facial recognition system?

The questions listed above – and no doubt others – will become important public policy issues around the world, requiring active engagement by governments, academics, tech companies and civil society internationally.

Issues relating to facial recognition go well beyond the borders of Countries.

Given the global nature of the technology itself, there likely will also be a growing need for interaction and even coordination between national regulators across borders.

  • The need for government leadership does not absolve technology companies of our own ethical responsibilities.
  • The future is not simple. We, therefore, need a principled approach for facial recognition technology, embodied in law, that outlasts a single administration or the important political issues of a moment.
  • As in so many times in the past, we need to ensure that new inventions serve our democratic freedoms pursuant to the rule of law. Given the global sweep of this technology, we’ll need to address these issues internationally, in no small part by working with and relying upon many other respected voices. We will all need to work together, and we look forward to doing our part.

It’s apparent that other new technologies will raise similar issues in the future.

This makes it even more important that we use this moment to get the direction right.

Public authorities may rely on flawed or biased technological approaches to decide who to track, investigate or even arrest for a crime.

Governments may monitor the exercise of political and other public activities in ways that conflict with longstanding expectations in democratic societies, chilling citizens’ willingness to turn out for political events and undermining our core freedoms of assembly and expression.

Similarly, companies may use facial recognition to make decisions without human intervention that affect our eligibility for credit, jobs or purchases.

All these scenarios raise important questions of privacy, free speech, freedom of association and even life and liberty.

If we don’t stop or regulate it now, it will be more difficult to reel in after it’s already deployed on every lamppost.

The government needs to play an important role in regulating facial recognition technology.

As a general principle, it seems more sensible to ask an elected government to regulate companies than to ask unelected companies to regulate such a government.

After all, even if one or several tech companies alter their practices, problems will remain if others do not. There will always be debates about the details, and the details matter greatly.

The surveillance data can be deeper and more extensive than any of us understand, “trade a little of your privacy and we’ll keep you safer” motto.

You could say that education is the crux to this resistance and once society recognizes the overwhelming benefits offered as a result of facial recognition we will be able to move past the mental hurdles.

But the ability to use the cloud to connect all this data and facial recognition technology with live cameras that capture images of people’s faces and seek to identify them – in more places and in real-time will lead to a gender and racial bias developing because some facial recognition technology will not like you at the moment of recognition.

Facial recognition will require the public and private sectors alike to step up – and to act as the General Data Protection Regulation in the European Union.

It seems especially important to pursue thoughtful government regulation of facial recognition technology, given its broad societal ramifications and potential for abuse.

Today’s advanced facial recognition in the 21st century comes along with deep learning.

The algorithm compares different facial features as against an image encompassed within a database. It calculates facial parameters such as mouth, nose, eyes, lips and their relative intensity.

So smile.  You might see what is under the  – A human.

We’re Being Blinded to the Danger of Facial Recognition. A perpetual lineup.

If we don’t implement legal restrictions on face recognition, the future looks

like a Chinese-style surveillance state, one that violates our right to privacy,

our right to anonymity in public, and our right to free speech.

All human comments appreciated. All like clicks and abuse chucked in the bin.

THE BEADY EYE ASK’S: HAS FRIENDSHIP CHANGE. WHAT IS FRIENDSHIP THESE DAYS?

08 Friday Nov 2019

Posted by in 2019: The Year of Disconnection., Artificial Intelligence., Communication., Digital Friendship., Education, Emotions., Facebook, Happiness., Humanity., Life., Modern day life., Reality., Social Media, Technology, The Obvious., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World

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(Twenty-minute read)

The dawning of the digital age has not just changed communication, facilitating individual and group interaction in previously unimaginable ways it has fundamentally changed human relationships, or more specifically, the establishment of fraternity amongst people?

The internet has made it so you don’t need to physically see people feel close to them.

I miss those days of pre-digital friendship.

Thirty years ago we asked what we would use computers for.

children-1149671_640

Facebook. Twitter. SecondLife. “Smart” phones. Robotic pets. Robotic lovers.

Now the question is what don’t we use them for.

Technology promises to let us do anything from anywhere with anyone and the introduction of social media platforms has changed the “friendship playing field”.

The way friendships are played out in the digital world is changing how young people express themselves, how they define ‘good’ friendships and interact with each other.

Now, through technology, we create, navigate, and perform our emotional lives.

In a surprising twist, relentless connection leads to a new solitude.

We turn to new technology to fill the void, but as technology ramps up, our emotional lives ramp down. At the threshold of “the robotic moment,” our devices prompt us to recall that we have human purposes and, perhaps, to rediscover what they are.

The huge role that technology plays in supporting young people’s friendships, with over half (55%) saying they interact online with their closest friends several times an hour and 63% saying they are closer to their friends because of the internet.

The basic components of friendship USE TO BE interdependence and voluntary participation but technology is now embedded throughout our relationships.

So the question is.  Has friendship changed because technology changed it? Or both?

The popular platforms 8-17-year-olds are using to chat to their friends on a daily basis are YouTube (41%), WhatsApp (32%), Snapchat (29%), Instagram (27%) and Facebook or Facebook Messenger (26%)

Technology provides an important way for them to support their peers who are going through difficult times with Social media providing a vehicle of self-promotion, a means of fixing an idea of yourself in the social sphere, without people actually knowing you at all.

Has it made friendship less personal, less connective, less real?

The distinction in the online world is that the effort it takes to present ourselves in a certain way is much less.

Not to mention the fact that technology has allowed us to maintain friendships that might have otherwise waned when time, distance, and the constant demands of parenting take hold.

The lines between real friendships and fleeting acquaintances have become

blurred in the virtual world, not just but also because of many Social media

users showcase more than 1000 friends on their profiles, while the realistic

maximum number of people we are able to maintain relationships with lies at

150 people.

Our brains are just not wired to cope with.

——————

True friendships are hallmarked by each member’s desire to engage with the other – it’s about a mutual interest in one another’s experiences and thoughts, as well as a sense of ‘belongingness’ and connection, there’s no telling when and where a friendship will develop.

The cornerstone of friendship isn’t the public nature of the relationship, but the private connection of it and that private uniqueness hasn’t been eliminated; it just looks different now.

The Internet is undoubtedly an invaluable link between people separated by distance. But this link must be built on a stronger foundation of intimacy and familiarity and a balance of online and offline interactions will pave the way to better relationships in the world.

We “met” through a mutual friend on Twitter.

(Posts Tagged With friendship in the digital age,

 “I wish I had stayed in touch with my friends.” is number five.)

Sexual online meetings themselves may be a replacement for deeper longings in couples. It may be an extension of particular needs not being met within the relationship.

They find that the relationship to their primary partner is more undervalued than in the past and that traditional definitions of intimacy are vaguer. They explain that couples who once experienced a secure relationship now struggle with the new –often ambiguous– rubrics surrounding agreed-upon Internet conduct.

Young people also need to be empowered to take control of their digital wellbeing, by recognising their emotions and the way that their use of digital technology can impact on their self-esteem and mood so that they are able to implement strategies to achieve a healthy relationship with technology.

Social exclusion can have just as much of a damaging impact on young
people but may not be easy to detect and manage in digital spaces.

Facebook has completely redefined the definition of a friend.

It wont be long before we could be seeing the following.

“We’d like to say a big ‘thank you’ every time you recommend a friend to us by rewarding you with a retail shopping voucher £250 will be paid for a friend.

Two in five adults (40%) first look at their phone within five minutes of waking up, climbing to 65% of those aged under 35. Similarly, 37% of adults check their phones five minutes before lights out, again rising to 60% of under-35s.

The average amount of time spent online on a smartphone is 2 hours 28 minutes a day. This rises to 3 hours 14 minutes among 18-24s.

A decade of change in digital communications.

Infographic timeline showing notable events and products or services launched between 2007 and 2018. 2007: first iPhone released; Amazon Prime launched. 2008: first Android smartphone; up to 50 Mbit/s broadband launched; Spotify and Amazon Kindle launched. 2009: Ashton Kutcher becomes first person to amass one million followers; YouTubers Fred becomes first to reach one million subscribers; WhatsApp launched. 2010: National launch of fibre-to-the-cabinet broadband; iPad goes on sale in the UK; 3DTV and Instagram launched. 2011: Snapchat launched. 2012: 4G mobile service launched in UK by EE; completion of digital switchover; Netflix and Candy Crush launched. 2013: Chromecast launched. 2014: Netflix begins streaming content in 4K; Amazon Prime Video and FireTV launched. 2015: Apple iWatch makes debut; Samsung VR headsets on sale; Facebook Live launched. 2016: Friends Reunited, pioner of social networking, closes; Amazon Echo launched. 2017: Sonos (with Amazon Alexa built in) released; Google Home launched. 2018: Share of digital radio listening exceeds 50%; 78% of adults have a smartphone; Apple HomePod and YouTube Premium launched.

It is said that in the course of a normal life one is lucky to have a handfull of friends.

Now its social mobile, analytics, and cloud all want to be your friend.

When we think about social, the key is to consider why social is happening, rather than think of it as just a set of tools.

For example, Facebook, Twitter, and so on are tools, but why people use them is much more important. The same was true with the internet when we first started using that — that was a tool, but what it did to the lives of normal people in terms of access to information, increased freedom, etc., was much more important.

Mobile is a similar shape to social in that it’s the why as to why people use mobile devices as opposed to anything structural about the devices themselves.

The idea behind big data is that you can derive understanding about behaviour through statistical analysis of clumps of data. You can then take that understanding and implement some form of control to either get more of what you want, or get less of what you don’t want.

Finally, we come to the cloud.  This is really about how companies buy. There are all sorts of reasons to like outsourcing IT functions to the cloud, whether it’s just outsourcing compute power into a load of servers that you run as if they were your own, or buying functionality on an SaaS basis ( Software as a service)

Is cloud necessary for digital?

To an extent, it likely does not. However, as a fashion/trend, it’s clearly important, and a lot of the tools and services involved in digital are unlocked as part of a cloud-based approach, hence it’s likely important.

It’s a sociological change, rather than a technical one.

You can see that by the fact that this is generally all about the “why” this is happening — why are customers using social, why are they using mobile, why big data is showing the trends that it is, why are companies able to buy and use consumer products, and why is running systems in the cloud easier.

Because they all your Friend without you knowing and couldn’t care less who or how they share that friendship with or what they do with it.  Google it.

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

 

 

 

THE BEADY EYE OBSERVES WHAT TECHNOLOGY IS DOING TO THE PURSUIT OF PROFIT.

05 Tuesday Nov 2019

Posted by in 2019: The Year of Disconnection., Algorithms., Artificial Intelligence., Capitalism, Climate Change., Fourth Industrial Revolution., Inequality, Modern day life., Our Common Values., Politics., Reality., Sovereign wealth fund, Technology, The common good., The pursuit of profit., The state of the World., The world to day., Unanswered Questions., Wealth., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., WORLD POVERTY WHERE'S THE GLOBAL OUTRAGE

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( A twenty-minute read)

The Internet is an incredibly spectacular thing, and only now — after so many years — we are understanding its power.

In spite (and many times because of) all the social media and internet news, we tend to have a skewed view of the world around us.

But there is one thing that is certain.

It has given rise to highly profitable digital platform monopolies, ‘superstar firms’ which are able to use aggregation and analysis of data to make supernormal profits which are disappearing into the cloud.

But what’s really happening in the global economy?

These multi-conglomerations dominate not just the current digital markets but future ones in artificial intelligence and machine learning, with workforces which are relatively small proportional to value-added, putting downward pressure on labour’s share of income.

It is becoming easier and cheaper to replace human work by increasingly
capable robots and artificial intelligence, this automation will accentuate existing trends in the capital and labour shares.

Whatever the future path of the global economy, with growing automation in

the economies of the world substituting capital for labour more and more

of the wealthiest fortunes are held almost exclusively in financial assets.

                                                     —-

We’re not just entering into a period of severe distress with climate change

we are also entering a period of a new uneven distribution of capital

ownership that is now the driver of inequality.

It’s a “new, harsh reality”, ( from weapons of mass destruction, water crises, large-scale involuntary migration and severe energy price shock, extreme weather events, failure of climate change mitigation and adaptation, interstate conflict with regional consequences and major natural catastrophes) that the spending power of governments is dimensioning.

Most of us haven’t quite realized there is something extraordinary happening.

Isn’t it absurd that we, 7 billion of us living on the same planet, have grown further apart from each other? Everything is going through change and that most of us are unaware of that.

What sense does it make to turn your back on the thousands, maybe millions, of people living around you in the same city on the same planet in poverty?

You might be lead to believe that the Internet is taking down mass control and the small are no longer speechless. This might well be true when it comes to the rising failure of climate change mitigation and adaptation or if you look at the Arab Spring, Brexit, and the people’s climate revolution/ pollution.

But its not true when one looks at how and by whom the economy of the world that is driven by growth at all costs.

Why?

Because the natural resources industry is owned by sovereignty wealth funds with financial instability around the world as the net result.

But don’t panic.

With Climate change and Ai, and with all of us exchanging half-truths civilisation is in for a rough ride.

However, technological crises have yet to impact economies or securities in a systemic way.

Which panic button to press?

The only category not to feature in the above harsh realities is algorithm profit from profit technological that is spreading inequalities between individuals and families, between countries, generations and genders, as well as between people from different ethnicities and class backgrounds.

Fleckenstein – David Rosenberg’s Proposal To Print Trillions Of Dollars Is Not Helicopter Money, It’s Cold Fusion

Normally revenue, as you know, is generated by profit/taxes but most revenue sources are already accounted for in government budgeting except the supernormal profits made by in no particular order – Apple, Google, Microsoft, Facebook, Cisco Systems, Intel, to mention just a few.

It’s sometimes hard to fathom the sheer scope of profits made by the world’s most profitable companies.

1. Saudi Aramco: $304.04 M daily – Earns $1 M in 4.7 minutes
2. Apple: $163.1 M daily – Earns $1 M in  8.8 minutes
3. Industrial & Commercial Bank of China: $123.29  M daily – Earns $1M in 11.7 minutes
4. Samsung Electronics: $109.3 M daily – Earns $1 M in 13.2 minutes
5. China Construction Bank: $105.48 M daily – Earns $1 M in 13.7 minutes
6. JPMorgan Chase & Co.: $88.97 M daily – Earns $1 M in 16.2 minutes
7. Alphabet: $84.21 M daily – Earns $1 M in 17.1 minutes
8. Agricultural Bank of China: $83.99 M daily – Earns $1 M in 17.1 minutes
9. Bank of America Corp.: $77.12 M daily – Earns $1 M in 18.7 minutes
10. Bank of China: $74.59 M daily – Earns $1 M in 19.3 minutes

and these are not Sovereign Wealth Funds.

They exist somewhere between the murky grey of return-maximizing, mega-cap asset managers, and clandestine government agencies quietly used to further sovereign agendas.

It is estimated that SWFs combined to hold more than $7.4 trillion in AUM, (Assets under management) representing approximately 6% of global assets under institutional management.

And you wonder with government print trillions to stimulate sagging economies why the world is and still is in a state of meltdown not just climate-wise but capitalistic wise.

We now have both the EU and the UK floating the idea of establishing Citizens wealth funds.

The trouble is that existing wealth funds have already bought up most of the world. Latecomers like THE UK/EU will have nothing to invest in other than technologies that produce profits.

The character of a sovereign wealth fund depends on its purpose and is shaped by how it is capitalised and governed, how it invests its funds and how returns are spent.

A Sovereign Wealth Fund is a state-owned investment vehicle established to channel balance of payments surpluses, official foreign currency operations, proceeds of privatizations, government transfer payments, fiscal surpluses, and/or receipts from resource exports, into global investments on behalf of sovereigns and in the advance of goals that are not transparent.

Economic theory wise, it is important to understand that SWFs form part of their respective country’s total national capital base, where total national capital is defined as the total combination of net financial assets, total physical capital stock (e.g., real estate, machines, infrastructure), unexploited environment, human capital, and unexploited natural resources.

Commodity SWFs are financed from the proceeds of non-renewable commodity exports (oil, gas, precious metals), which grow the AUM base in times of high prices but destabilize their source economies and budgets in times of low. Non-commodity funds, on the other hand, are typically financed from currency reserves or current account surpluses, driven by corporate or household saving rates.

They were once the mainstays of the global investment landscape.

Despite is name the era of neoliberalism was far from liberal.

We are now experiencing the political consequences of this great deception with the rise of popularism.

This blog has been suggesting for some time the setting up of a perpetual funded World Aid fund by applying a 0.05% commission on all profit for profit sake seeking financial activities. ( See previous posts)

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

 

 

 

THE BEADY EYE ASK’S: ARE PROFIT SEEKING ALGORITHMS BUILDING A DIGITAL POORHOUSE, AUTOMATING INEQUALITY WHILE HURTING THE MOST VULNERABLE.

03 Sunday Nov 2019

Posted by in Algorithms., Artificial Intelligence., Capitalism, Fourth Industrial Revolution., Humanity., Inequality, Modern day life., Our Common Values., Poverty, Reality., Technology, The common good., The Future, The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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(Twenty-minute read)

Should we worry about the rise of artificial intelligence or celebrate it?

Both is the answer.

We all inhabit this new regime of digital data but we don’t all inhabit it in the same way and the pursuit of rapid growth by way of technology won’t solve the huge challenges we face.

A more honest, humane approach is the answer.

If you believe the hype, technology is going to help us end global poverty, that’s easier said than done in a world where most product innovations are geared toward the rich.

The prospect of billions rising up from poverty with nothing more than gadgets is indeed a fanciful notion. This is because poverty is entirely a man-made creation. Capitalism is driven by greed, generating a power structure, which moves wealth disproportionately into the hands of the few.

But why are our societies becoming increasingly unequal, and what can we (or should we) do about it?A homeless man outside Victoria Station in London.

Forget where science ends and ideology begins it is the mechanisms behind the persistence of poverty that counts.

Technology cannot solve the problem of economic disparity.

We often believe that our digital decision-making tools, like algorithms or artificial intelligence or integrated databases, are more objective and more neutral than human beings.

Totally false.

We are building not just ill-conceived mathematical models now micromanage the economy, from advertising to prisons but also hiding the profit of multinational companies in the cloud.

We are building:  A DIGITAL POOR HOUSE.

Even though we live in a hyperconnected world we are watching inequality exploding as we walk past people on the street looking at our smartphones.

The spreading of these kinds of systems is now way beyond just the public service systems that they’re in now. For example, high-frequency trading algorithms that run 99.9% of the world stock exchanges are plundering not just finite resources they are jeopardising our peaceful existence.

Feel free to ignore the weight of the evidence that is now becoming crystal-clear, so stark, that the trade-off of the growth of the economy and the survival of the planet are now intertwined. So we have to go into a mode where we are first educating the people about what’s causing this inequality and acknowledging that technology is part of that cost, and then society has to decide how to proceed.

Deep cultural and political changes are needed in order to think through these technologies in order to get to better systems.

This should apply to all technology – nanotechnology, biotech.

I also really believe we need to stop using these systems to avoid some of the most pressing moral and political dilemmas of our time, which is not just poverty but racism.

Unfortunately, we have Profit-seeking Algorithms that have no moral or ethical bases.

Algorithms — a set of steps computers follow to accomplish a task — are used in our daily digital lives to do everything from making airline reservations to searching the web. They are also increasingly being used in public services, such as systems that decide which homeless person gets housing.

AI with faceless algorithms is worsening the effects and concentrating the power of the wealthy. They are likely to dramatically increase income disparity, perhaps more so than other technologies that have come about recently.

Digital innovation in the form of profit-seeking algorithms that it’s not just going to be benefitting a small fraction of the world’s population, or just a few large corporations. is reinforcing, rather than improving, inequality.

Institutions have embraced digital technologies they are outsourcing the decision to a machine to cut costs avoiding the human costs. They say, “We have this incredible overwhelming need. We don’t have enough resources, so we have to use these systems to make these incredibly difficult decisions.”

If all the resources are automated, then who actually controls the automation?

Is it every one or is it a few select people?

My great fear with these systems is we’re actually using them as a kind of empathy override, meaning that we are struggling with questions that are almost impossible for human beings to make.

We’re smuggling moral and political assumptions into them about who should share in prosperity.

There’s already an expectation that people will be forced to trade one of their human rights, like their information or their privacy, for another human right.

The economic prosperity created by AI should be shared broadly, to benefit all of humanity otherwise they will lead to an even greater disparity between the wealthy and the rest of the world.

If AI takes away people’s jobs and only leaves wealth in the hands of those people owning the robots, then that’s going to exacerbate some trends that are already happening.

People now with “predictive data” have real concerns about informed consent. About how their data is being shared, whether it’s legal and whether it’s morally right.

Why?

Because it is impossible to work out why the algorithms had gone against them, or to find a human caseworker to override the decision.

How can we change the societal mindset that currently discourages a greater sharing of wealth? Or is that even a change we should consider?

We’re using these technologies to avoid important political decisions. Exacerbating the divides between the developed and developing world, and the haves and have nots in our society.

The change will only occur when policymakers and voters understand the true scale of the problem. This is hard when we live in an era that likes to celebrate digitisation — and where the elites are usually shielded from the consequences of those algorithms.

Restoring human dignity to its central place has the potential to set off a profound rethinking of economic priorities and the ways in which societies care for their members, particularly when they are in need. If enough of us want to change the status quo for good, then with our collective creativity, with our hunger to solve really hard problems, we will find technology an incredibly powerful tool in our arsenal.

Technology can move commodities (food, jobs, wealth) from areas of surplus supply to regions with under-served markets.

Technology can only help us if we chose to make the best use of it.

Computing has long been perceived to be a culture-free zone — this needs to change.

Today more people have access to a cell phone than a toilet.

I use that metaphor specifically because I think that these systems, although we talk about them often as disruptors, are really more intensifiers and amplifiers of processes that have been with us for a long time, at least since the 1800s.

At a time of unprecedented global challenges platforms like Google Facebook, Twitter and there like must be made to use the power of their platforms to stop the DIGITAL POOR HOUSE instead of hoarding profits with profit-seeking algorithms.

If not because bias has been a historical norm, it because us the users of your platform will develop self-defence.

So, next time if you think AI is not affecting you, take out your smartphone.

If Twitter’s not your choice of poison, maybe it’s Facebook or Instagram, or Snapchat or any of the myriad of social media apps out there they are all affecting your decisions and our lifestyles every day.

They are all tailored according to what we are likely to respond to. specifically designed to attract the attention of its members – and so inevitably to confirm them in their opinions and prejudices,  with several extra bills to pay in order to remain a normal citizen. 

Its a ‘mean’ not the ultimate solution.

AI has become so successful in determining our interests and serving us ads that the global digital ad industry has crossed trillions.

artificial intelligence concept Stock Photo - 90948450

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE SAY’S: PERPETUAL GROWTH IS COMING TO AN END.

26 Saturday Oct 2019

Posted by in 2019: The Year of Disconnection., Enegery, Environment, Evolution, Fresh Water., Humanity., Inequality, Life., Modern day life., Our Common Values., Reality., Sustaniability, Technology, The common good., The essence of our humanity., The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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( Seven-minute read)

Economics is not an unbiased academic discipline, it’s an ideology. Furthermore, economics is based on the false premise that perpetual growth is achievable.

Can economic growth be sustainably achieved?

Finite resources make perpetual growth theoretically impossible. No amount of technological breakthrough or creative accounting can counter that physical fact.

Is economic growth desirable?

The short answer appears to be no.

Exponential growth will eventually take you to impossible places.

Unfortunately, we live in a world of capitalists that thrive on the great Myth of Perpetual Growth, endless growth, ad infinitum, forever, till the end of time.

It seems as though we are damned if we grow and damned if we don’t.

We’ve now with Algorithms for profit sake got to a position where there’s nothing to keep us in check – so we have to do it ourselves.

It’s a waiting game now – to see if we can learn to behave differently to bacteria in a petri dish before it’s too late and we kill our host.

It’s not worth the risk.

Ecology and economics have to be intertwined, or we’re in serious trouble.

It’s time we all get our head out of the smartphone and become smart.

We can have debates about what we’re going to do about this and that, but if you can’t see the reason in the core of what I am saying, we’ll be having two very different conversations.

There is little point in arguing any longer whether Neoliberalism is to blame for damaging ecology beyond its ability to support us. It has lead to the inevitable collision between an insatiable economic model and a finite planet whose resources are stretched to the hilt.

The perception of the need for perpetual economic growth is a fraud and this assumption creates massive risk when reaching the limits of our natural systems.

With a world population nearly at 7 billion people, the implication for economic growth seems obvious as we cannot assume that the status quo will hold in a changing climatic environment. Reaching the earth’s resource limit is inevitable if it is not already occurring.

However changing our society’s behaviours cannot be achieved through some overseeing organization.

Perpetual growth has been ingrained through exposure to intensive branding and marketing by the very corporations who provide jobs and economic growth, and round and round we go…… Enacting such dramatic change through a highly centralized governing structure that dictates appropriate resource use, population levels, and actively redistributes wealth is a hard sell even in dire times.

As a result, we cannot continue consuming more and more water, spewing out more and more carbon dioxide and burning more and more coal.

In the past 22 years, half of all of the oil ever burned has been burned.

At present, the global population is increasing by 83 million people annually and we are already consuming natural resources as if we have “1.5 Earths.”

If every person used as many resources as the average North American, more than four Earths would be required to sustain the total rate of consumption. Other words if everyone lived like the average American, the Earth could sustain only 1.7 billion people — a quarter of today’s population.

27 billion people will inhabit the planet by the end of the century and hidden in every calorie of food eaten are 10 calories of fossil fuels.

Technology can lead to greater efficiencies, it requires energy — it does not create it.

Water is obviously a key component of human life. It is also vital to energy, industry, agriculture and livestock.

With all of this in mind, it’s time to abandon the perpetual growth economic model and move instead to a model that stresses conservation, efficiency, recycling and renewability. Clearly, the world is on an unsustainable path and, by definition, anything that is unsustainable won’t last.

Above all else, we must redefine the quality of life as something other than just having “more.” The goal should be to simply have enough. Our quality of life should not be measured by “stuff,” but instead by the things that make life rich; our relationships, our hobbies, our work and our passions.

GDP merely measures what people are willing to pay for, which is not necessarily connected to the use of energy, or any other physical resource.

The world will be confronting shortages of hydrocarbons, metals, water and fertilizer, which will dramatically affect global agriculture. The latter is critical.

So why are we unable to change direction.

Because of the threat, transnational organizations have over the nation-state.

Because no one is willing to bear the costs.

Because of the amount of power capital has over labour.

As it stands, nearly half the world’s population — more than 3 billion people — lives on roughly $2 per day.

The solution is to get profit for profit sake to pay:

By introducing a World Aid commission of 0.05% on all High-frequency trading, on all sovereign wealth funds acquisitions on all foreign exchange transaction over $50,000, on all gambling and lottos wins creating a perpetual world aid fund.

By issuing United Nation Green Deal non-trading Bond.

By the introduction of a World Day of non-consumerism Advertising.

By building non atomised Societies that are attached geographical – belonging not defined by competition.

By eating together one a week.

The question is how do we communicate this obvious message, in the face of corporate control of the media, and increasingly academia, science and the political system?

All human comments appreciated. All like clicks and abuse chucked in the bin.

THE BEADY EYE ASK’S: SHOULD WE BE GIVING AWAY OUR PERSONAL DATA FOR FREE.

15 Tuesday Oct 2019

Posted by in Algorithms., Big Data., DIGITAL DICTATORSHIP., Face Recognition., Fourth Industrial Revolution., Google Knowledge., Modern Day Communication., Modern Day Democracy., Our Common Values., Robot citizenship., Technology, The common good., The essence of our humanity., The Internet., The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., WiFi communication.

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(Six-minute read)

 

Is it time we started to demand that if you use my personal data it’ill cost you because I am worth it.

We all make a trade-off between security and convenience, but there is a crucial difference between security in the old-fashioned physical domain, and security today.

Security is done digitally with algorithms exploiting and analysing your very mood.

In this digital lifestyle, it is nearly impossible to take part in the web world without leaving a trail behind.

Personal privacy is dead.

How to Protect Yourself From Mobile Data Collection

 

We have no clear sight into this world, and we have few sound intuitions into what is safe and what is flimsy – let alone what is ethical and what is creepy.

We are left operating on blind, ignorant, misplaced trust; meanwhile, all around us, without our even noticing, choices are being made.

With the increasing ownership of mobiles, marketing companies now have unlimited access to our personal data. Every site one opens has an agreement form to be ticked with terms and conditions that are all but unreadable on small screens.

It’s not a choice between privacy or innovation, it is the erosion of legally ensured fundamental privacy rights interfacing with apps.

Nuggets of personal information that seem trivial, individually, can now be aggregated, indexed and processed.

When this happens, simple pieces of computer code can produce insights and intrusions that creep us out or even do us harm. But most of us haven’t noticed yet.

Since there’s no real remedy, giving away our most sensitive and valuable data, for free, to global giants, with completely uncertain future costs, is a decision of dramatic consequence.

iCloud and Google+ have your intimate photos; Transport companies know where your travelcard has been; Yahoo holds every email you’ve ever written and we trust these people to respect our privacy.

You only have to be sloppy once, for your privacy to be compromised.

With your Facebook profile linked, I could research your interests before approaching you.

Put in someone’s username from Twitter, or Flickr and Creepy will churn through every photo hosting service it knows, trying to find every picture they’ve ever posted.

Cameras – especially phone cameras – often store the location where the picture was taken in the picture data. Creepy grabs all this geolocation data and puts pins on a map for you.

Then comes an even bigger new horizon.

We are entering an age of wireless information. The information you didn’t know you were leaking.

Maybe the first time you used a new app.

Every device with Wi-Fi has a unique “MAC address”, which is broadcast constantly as long as wireless networking is switched on.

Many shops and shopping centres, for example, now use multiple Wi-Fi sensors, monitoring the strength of connections, to triangulate your position, and track how you walk around the shop. By matching the signal to the security video, they get to know what you look like. If you give an email address in order to use the free in-store Wi-Fi, they have that too.

Once aggregated, these individual fragments of information can be processed and combined, and the resulting data can give away more about our character than our intuitions are able to spot.

When I realised that I’m traced over much wider spaces from one part of town to another I asked myself what is the point in giving you information away when you could franchise it out and get something back in return.

Public debate on the topic remains severely stunted.

Through the current trends in the globalization of technology is in the knowledge society, we have to start asking where is the world moving to?

The concepts and applications of biocomputing, medical informatics, anthropocentric computing, high-performance computing, technological diffusion, predictive analysis tools, genetic algorithms, and cultural informatics all in new or little known fields of information technology.

Many organisations create, store, or purchase information that links individuals’ identities to other data. Those who can access and analyse this personal data profiles can take deep insights into an individual’s life.

A law-abiding citizen might say “I have nothing to conceal.” This is a misconception.

In any debate, negotiation or competitive situation, it is an advantage to know about the other party’s position in order to achieve one’s own desired outcome.

Data brokers – buy and combine data from various sources (online and offline) to deliver information on exactly defined target groups to their customers.

“Click-world” merchants know a lot more about their clients’ private and financial habits than the individual knows about the merchant company or its competitors.

You, therefore, could not be blamed for asking -given the increasing bargaining position of merchants, is the consumer still getting a good deal?

It would be interesting to know how good a deal consumers get when they exchange their data for free-of-charge online services.How to Protect Yourself From Mobile Data Collection

Data has become an economic good for which the “producer” is usually not remunerated.

Data privacy is a matter of choice and individuals should have the right to decide if a company can collect information on them.

Is there a solution:

Of course if you Google it what you will get will be all sorts of advice such as, avoid cookies, use the VPN or disabling the location tracking in your devices and use Browsers that don’t track your activities.

It’s tempting to just play ostrich and put our heads under the sand however data collection is affecting and will affect your life.

This is why we must preserve the right of individuals to know what kind of information is being collected and what is being done with that information.

You could say that the most valuable thing on your computer or network is the data you create. After all, that data is the reason for having the computer and network in the first place.

The first thing to understand is that there is very little that can “prove” that any company (whether an individual, government entity, corporation, etc.) is engaged in safe or adequate data handling processes.

Therefore :

We must retain the right to define our own privacy boundaries and then advocate for those boundaries before invasions in our daily lives become out of control and irreversible.

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE ASK’S; IS THE NEW GREEN DEAL PRIMARILY A PETTY-BOURGEOIS ATTEMPT TO RESCUE CAPITALISM BY THE METHODS OF SOCIAL REFORMISTS UNDER THE CLOAK OF CLIMATE CHANGE?

09 Wednesday Oct 2019

Posted by in 2019: The Year of Disconnection., Climate Change., Democracy, DIGITAL DICTATORSHIP., Environment, European Union., Fake News., Fourth Industrial Revolution., Inequality, Modern Day Democracy., Modern day life., Our Common Values., Politics., Populism., Post - truth politics., Purchasing Power., Social Media, Sustaniability, Technology, The common good., The essence of our humanity., The Internet., The Obvious., The world to day., Twitter, Unanswered Questions., Wealth., WHAT IS TRUTH, What needs to change in European Union., World Politics

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(Twenty-minute read) 

In politics, nothing happens by accident.

These days in the higher ethylene of the political world it seems you must be an accomplished liar and not a far-seeing planner to be successful.

With the advent of social media people’s day-to-day exposure to political discussion and disagreement has increased dramatically.

However what is worrying is that technology in the form of social media, the smartphone is continuing to create a contemporary problem that large sections of the public want ‘democracy’ but without the ‘politics.

As a result, were are seeing fake news driving populist politics that has no longterm objectives. 

There is nothing new about fake news it has been prevalent down the ages but the days when a lot of us believe that many of the major world events that are shaping our destinies occur because somebody or somebodies have planned them that way are all but disappeared.

However, with the media making very little effort to explain political decisions, rather than just jumping on any perceived gaffe or conflict ‘democracy’ remains an incredibly positive notion. 

With the public no longer thinking about the world within the silos of government departments governments need to engage people in solutions rather than top-down ‘vote for us and we’ll provide the answers.

Younger people don’t just copy their parents’ tribal loyalties. Voting is more like shopping, with preferences changing on a quim of twitter on social media.  

Unfortunately, our present-day political system has not yet caught up, it offers limited choice. What happens in between elections is for all attentive purposes driven by the smartphone that are monitored by unregulated algorithms owned by you know who.

What is been ignored is that this digital space in all its diversity represents a huge opportunity with the power to engage people in new ways. Online participation in local decision-making is one possibility. This would involve citizens outside election time-.

So we need to understand all the ways people behave and respond in the digital space and set clear and realistic goals for what they hope to accomplish.

However, people are now becoming slow and slower to engage with the internet due to the lack of security/ privacy/and a source of truth.

Why?

Because Capitalism is spending billion on digital marketing each year, and for good reason. Digital media has enormous power to reach and influence people. Over 2 billion people—about one-third of the global population—now access the Internet.

We all know if we are to avoid extinction due to climate change which poses real risks to our collective future we need a green energy transformation.

The problem is that behind a veneer of objectivity, Capitalism as always sees an opportunity to make a profit – Carbon Credits for instance, with more and more consumerism products being promoted as good for the environment 

With all the political goodwill the transfer to low carbon emission can only be achieved by offering citizens a means to get involved other than protesting.

How can this be done?

We must allow people to exercise democratic control over their money, finance, working conditions and environment ie De-politicising decision-making by limiting capitalism’s worst failing- profit for profit sake.

To have authentic democracy!

Citizens must be afforded the opportunity to get involved not just politically, but financially by creating Green Energy European Bonds that cannot be traded.  

These bonds will allow citizens to regain control over unaccountable ‘technocrats’, complicit politicians and shadowy institutions.

They can be sold like lotto tickets. Forging a common agenda.

Emancipating citizens from all levels of government from bureaucratic and corporate power. Allowing direct investment into shared, green prosperity.

Politics has never been popular and never will be:

The more disengaged, the less likely that political parties will deliver. 

We’re able to measure things in a way that we’ve never been able to measure them before. So why not measure the wealth of a nation by the financial investment support it gets from its citizen’s. Rather than encompassing every possible thing that can go under the rubric of “green.

I suppose my goal here is to propose something vague enough that no one will object to it.

Have you wondered how you got to where you are today?

Greed.

Is technology taking control of our lives or our destiny?

Yes.  We’ve ditched reality.

The very data on which we measure the economy is disconnected from

the reality, with political leaders using high soaring” words “which often

imbibe emptiness.

Communication and leadership are key elements in elections these days

but you can’t sell a bad product, can you? 

All human comments appreciated. All like clicks and abuse chucked in the bin. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE SAY’S. WE MUST REIN IN THE TECH GIANTS BEFORE ITS TOO LATE.

20 Friday Sep 2019

Posted by in #whatif.com, 2019: The Year of Disconnection., Algorithms., Capitalism, Democracy, DIGITAL DICTATORSHIP., Fourth Industrial Revolution., Google, Modern day life., Our Common Values., Purchasing Power., Reality., Social Media., Technology, The common good., The essence of our humanity., The Obvious., The state of the World., The world to day., Wealth., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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( Fifteen-minute read) 

WHY?

These days we are allowing Google, Amazon, Apple, and Facebook do whatever the hell they want. The US sees them as winner-takes-all markets as the law of the capitalist jungle; the EU sees them as an intrinsic threat to consumers.

Because four companies dominate our daily lives unlike any other in human history: Amazon, Apple, Facebook, and Google. They have aggregated more economic value and influence than nearly any other commercial entity in history.

Because the concentration of wealth leads to concentration of power. Their massive size and unchecked power have and are throttling competitive markets and are keeping the economy from doing its job—namely, to promote a vibrant democracy.

Because all of them have managed to preserve their monopoly-like powers without heavy regulation. 

Because they have effectively ripped the heart out of the journalism, publishing, music, and entertainment industries but, even worse, they are demolishing the ranks of both corporate middle-management and entry-level service jobs and crushed commercial real estate and retail shopping malls, all for the enrichment of a very few.

Because they’re tracking your movements — or, even better, getting you to track yourselves for them, whether it’s “checking in” on Facebook or leaving your cell phone switched on while you travel (and who doesn’t?).

Because as we have seen the harvesting of the personal data use for political purposes.

Because the amount of money they generate, and the volume of content they accumulate, most of it provided voluntarily by you, for free, is stupefying.

Because with the coming of 5G technology they will have  too much power over our economy, our society, and our democracy.

Because using black-box algorithms to surface content to users they will have control over the way we use the Internet.

Because they are exploiting their monopoly power to stifle competition; they are spreading fake news; their fantastically rich owners portray themselves as right-on yet go to a great deal of trouble to minimise their corporate tax bills; they are ripping the heart out of communities through the closure of brick-and-mortar retailers.

Because social media is an increasingly key part of how we communicate. Yet legally, nothing stops Facebook from simply banning users from its platform, for any reason it wishes.

Because we’re heading for an Orwellian nightmare the shape of which is just now becoming apparent with climate change is being turned into a product. 

Because this isn’t just abstract concern about what could possibly happen in the future – market power of this magnitude isn’t unprecedented.

Because with a sprawling array of loosely related businesses under one roof they are becoming worldwide conglomerates.

Because no one or any company is now going to penetrate online shopping or the search market.

Google, Amazon, and Facebook are colossal companies. Together they make up almost 10% of the S&P 500. Together, they have a market capitalization of the GDP of France.

These are the 3rd-, 4th-, and 6th-largest companies on earth. Combined, they are worth over $2 trillion. And they’ve grown 470%, 175%, and 95% over the past five years.

Because they will take our choices away.

Because they’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else.

Because country and companies that dominate technology will gain more power with time and 5G technology, gene editing, nanotechnology, creating what only can be called a profitable circle of global oligopolies.

Because they will soon be introducing their own cyber currencies.

Because our existing computers can’t even scratch the surface of what quantum computers will be able to do via the cloud quantum computers will. Those who own this technology will make supremacy an arbitrary goal.

Such computing power will change the way we do business and the security we have in place to safeguard data, how we fight disease and invent new materials, and solve health and climate problems.

Just like humans, artificial intelligence machines powered by the insights from quantum commercialising technology computers that will learn from experience and self-correct.

They’ll be able to use quantum simulations to design entirely new molecules for use in medicine making it possible for chemists to determine viable drug options quicker. Instead of troubleshooting issues bit by bit as we do now with classical computers, they will allow for a person’s genes to be sequenced and analyzed much more rapidly tackling the entire problem at once.

How do they do it?

By creating what we now perceive to be free platforms run by algorithms.  

( To Big Tech, you’re not the customer, you’re the product they’re selling to others:)

Google offers a vast bounty of free services in order to maximize its data collection and optimize its advertising capabilities. Similarly, Amazon is credibly accused of hurting suppliers, hurting competitors, and even hurting its own employees — but nobody can deny that it’s a cheap and convenient way to shop for a staggering array of things.

Amazon is keeping tabs on you, monitoring your purchases, pushing other products on you and, in the form of the hideous Alexa, listening in on you while you sleep. Throw in the electronic snooping of Facebook, Google and your iPhone.

We know the problems; they’re easy to diagnose, however shaping the solutions is going to be more difficult.

So what if anything can be achieved to restrain their coming power?

The difficulty lies in defining what the real harmful effect is of these companies and establishing a causal link between their creation, their products, behaviour, and trends such as populism, depression, and manipulation. The contribution to society of these companies’ products is not as black and white as some would like them to be. 

We’re heading down an entirely new field of physics, and by its very nature, there will be discoveries, innovations and solutions we have never dreamed of yet.

However we’re living in a capitalists world we should be empowering people to choose where to sell their information, personal data so it would no longer be monopolised by the tech giants.

Competition authorities need to move beyond a reliance on prices towards an analysis of the impact of takeovers and mergers on societal welfare.

As we grapple with how best to protect ourselves against the risks of new, disruptive technologies, policymakers need to understand the roles that ethics and law can and should play. 

If human rights are at risk, and existing law is found wanting, we may need new, legally enforceable rights and mechanisms to grapple with emerging technologies. Citizens should not need to rely on the “ethical conscience” of tech companies to know their fundamental rights are protected. Ethics are laudable—but sometimes they are not enough.

At their core, Google’s mission “to organize the world’s information and make it universally accessible and useful” and while Facebook’s goal was to “give people the power to build community and bring the world closer together” are both truly admirable and few people would disagree with them but ethical promises made by tech companies are not good enough.

Instead of adding value to our societies, Facebook,  Twitter, Amazon, Netflix, Google, Microsoft, Apple have sucked the data out of us.

They or at least their free platforms which have become essential to daily life should be regulated as public utilities.

Failing to do so risks a backlash which will be bad for everyone.

Why? 

Because there is one indisputable fact.

In front of every great fortune lies a great crime, Immense wealth translates automatically into environmental impacts regardless of the intentions of those who possess it. 

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Google does the same by using algorithms to decide what comes up on an internet search. They hardly pay any taxes and their business practices and technology will help crush industries and companies left and right.

 

 

 

 

 

 

 

 

 

 

 

 “platform utility.” A platform utility would be barred from owning any of the participants on the platform.