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Tag Archives: Capitalism and Greed

THE BEADY EYE SAY’S; HERE ARE THE BIG QUESTIONS THAT ARE YET TO COME WHEN IT COMES TO TECHNOLOGY.

19 Wednesday Feb 2020

Posted by bobdillon33@gmail.com in #whatif.com, 2020: The year we need to change., Algorithms., Artificial Intelligence., Big Data., Digital age., DIGITAL DICTATORSHIP., Digital Friendship., Fourth Industrial Revolution., Google, Google it., Google Knowledge., Human values., Humanity., Life., Modern day life., Our Common Values., Reality., Sustaniability, Technology, Technology v Humanity, The common good., The Future, The Obvious., The state of the World., The world to day., Unanswered Questions., War, WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Leaders

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Algorithms trade., Algorithms., Artificial Intelligence., Big Data, Capitalism and Greed, Distribution of wealth, Inequility, Technology, The Future of Mankind, Visions of the future.

 

Thirty-minute read.

Who owns what?  What’s our purpose in life?  What are the values that we believe in? How do we think and make decisions?  What do we mean by work?  Can our work ever have true meaning unless it is to serve others?

What will help us all think deeply about the questions we need to ask and answer?

Climate change or technology.

However, for many of us, the answers to these questions differ in our working lives, compared with our personal lives, with family, friends and neighbours.

Were a ruling elite like Google to impose a command-and-control, fear-driven culture in which power is abused and the outcomes are social and economic misery for the vast majority?

Our reaction, if we are to go by what is now observable, will be So what? Now what?

MAKING sure companies compete fairly is a tricky business. The firms being regulated know far more about their business than those doing the regulating;

“Artificial intelligence is the future, not only for Russia but for all of humankind.” Says Putin. “Whatever country comes to dominate this technology will be the “ruler of the world.”

His rhetoric is entirely appropriate. Automation and digitalization have already had a radical effect on international systems and structures.

Technology can easily be referred to as the scientific knowledge to the practical problems we are experiencing in the world today.

On the other hand, its core strategy is to gobble up market share with profit-seeking algorithms.

Our environments are all so full of technology to the point that most of the time we take it for granted.

So are we all becoming personified idiots?

Technology has a great impact on all the fundamental aspects of all our cultures including laws and how they are enforced, language, art, health care, mobility, education and religion.

The obvious problem with all of this is that countries will not own or be in control of the technologies.negative effects of technology

While we all sit back and accept the benefits technology it also brings manipulation on a  worldwide scale with our future in the hands of only a handful of corporations and the vast amount of people that are okay with that.

It’s hard to argue against innovation. It’s hard to argue against greater choice, more convenience and lower prices.

One way or the other it is also hard to underestimate the fundamentally different rules that Google /Amazon/ Facebook/ Apple/ Baidu play by.

Hiding behind forked rhetoric that the data they collect does no harm as it is anonymous.

You do not need to know who you are. It is enough to know what you consume, your habits, your tastes, and where you are, through the IP address, the GPS of the mobile, or your Google account. Your name, or your phone number, is not important to sell you things.

Blurring the borders of privacy. Replacing real-life communication.

And on top of it, violent games and videos killing empathy and bring destruction into an individual’s life. Plagiarism and cheating are increase while analysis and critical thinking decline, ending up in social isolation.

(We now have a new perverse sexual harassment of Cyber flashing which is not against any law. Why? Because our laws cannot keep up with the speed of change)

Commercial technology like Smartphones, I pads, Home Alexa/Echo and there like is about creating another consumer touchpoint for their robust ecosystem of e-commerce, services, and media taking advantage of less sophisticated consumers and trick them into consuming items for short-term satisfaction and long-term pain.

Originally created to serve faithfully to humanity, digital devices are revealing their harmful impact on our lives.

We should all be careful what we wish for.

There’s an argument made by big corporations for each country to charge corporations the lowest possible tax rate, to loosen environmental regulations down to zero, and to eliminate employee protections. All so that a country’s commodity producers can be the cheapest ones.

The voice market war has only just begun.

The contenders:

Amazon-Echo v Google-Alexa.amazon-echo-google-home

Once they figure out how to improve their recommendations and push more people to make regular household purchases via voice it will lead to an explosion in voice-based shopping.

Google already has one of the most valuable brands in the world.

Google maps have virtually no meaningful rival.  Gmail…Google basically controls our handheld existence.

Google controls your life, literally, even if it costs you to believe it.

Google trackers have been found on 75% of the top million websites.

When you search on Google, they keep your search history forever.

Google is a company that offers almost all its products for free because the money is earned by selling the data it collects with those products, to advertisers and companies.

Last year Google made over $161 billion in total revenues.

As it is the premier search engine in the U.S., Europe, and many developing countries Google has the tools to control much of the world.

That’s just Google then you have Amazon.

With around 225 million customers around the world, Amazon wants to deliver everything you want to your doorstep, including Foods anywhere in the world. ( 300 items a second) These days half of all product searches start on Amazon.

Our lust for cheap, discounted goods delivered to our doors promptly and efficiently has a price.

Amazon has done a lot of good for consumers by expanding choice, making shopping far more convenient and by delivering extraordinary product value.

Yet, we can’t–and shouldn’t–ignore the profound effect that Amazon is having on just about every corner of the retail world they set their sights on.

Amazon is selling its facial recognition technology, known as Rekognition, to law enforcement agencies.

First and foremost, Amazon isn’t required by its investors to make any real money.

For us the Great unwashed there’s always the opportunity to cut a corner, sacrifice lifestyle quality and suck it up as they race to grab a little more market share.

With their algorithms, they tell you what restaurants you have to eat in, choose your music, label your photos associating them with each family member or friend that appears in them, pay for your purchases, suggest the movies you should see, and the apps that may interest you.

When in fact the searches we do, what websites we visit, what products we look at, where are we, your medical history, your political beliefs, your associations with others your employment prospects, everything from the womb to the grave is collected and analyzed

Before I hear you calling me a hypocrite I also have used Amazon.

If this scenario prevails, would this be really the way information is supposed to be organized?

In short, does the fact that an algorithm is able to provide more relevant information than a human justify this scenario?

These big brands platforms are more powerful than governments. They’re wealthier. If they were countries, they would be pretty large economies. They’re multinational and the global financial situation allows them to ship money all over the world.

Can we do anything to make a difference?

We need to be supporting the development of an efficient circular economy.

Why?

Because sustainability is an unstoppable force.

Let’s not race to the bottom.

Country’s population size will become less important for national power as small countries that develop a significant edge in AI technology will move far above their weight.

Ultimately, however, winning and losing will not be determined by which country gains the most growth through AI. It will be determined by how the entire global community chooses to leverage AI — as a tool of war or as a tool of progress.

They can eliminate rules protecting clean water, air or consumer safety, but they will always find a way to be cheaper or more brutal than you.

We all assume that Google, Facebook, Amazon, Apple, are spying our activity and up to now advertiser is not interested in your name when they are it will be too late and the winner will be Inequality.

So what does all this mean and what are we all going to do about it when we’ve stopped talking about it?

Once you start to connect all the invisible dots together the impact on society will, in the end, be down to the people that use the technology they have to be responsible for it and if they use it irresponsibly they have to be held accountable.

A Footnote:

For me, there is little point in Jeff Bezos setting up an Earth fund when Amazon is one of the biggest promoters of pollution. Pretending to be a do-gooder.

The brown box doesn’t begin to address the larger issue: Each year in the United States alone thrown paper in the trash that represents approximately 640 million trees or roughly 915,000 acres of forest land.

Amazon ships an average of 608 million packages each year, which equates to (an estimated) 1,600,000 packages a day.

Then when we talk about energy consumption, we’re talking about the sources of energy that generate our power: oil, coal, natural gas and alternatives like solar, wind, hydropower and biofuels.

How much electricity they use and the bill is, god only knows, so its no wonder that they have contracts with oil and gas companies.

Now consider that people conduct over 1,6 billion searches per day, and you get a massive energy footprint of roughly 12.5 million watts.

Is e-commerce reducing or increasing our carbon footprint?

Google’s worldwide operations, collectively worldwide use about 2.26 million megawatt-hours per year to power its global data centre operations, which is equivalent to the power necessary to sustain 200,000 homes.

In 2018 Google generated 39.12 billion dollars earnings out of which it paid 243 Million a day in electricity.

This is only an educated guess.

The link between global warming and energy demands is obvious. Surely both of these players should be investing in Green energy.

There’s a deafening silence from pundits and elites and columnists and politicians on our joint self-destruction.

They are simply going on pretending it isn’t happening.

We don’t, as societies or cultures, value learning or knowledge or magnanimity or great and noble things, anymore.

The average person has become a tiny microcosm of the aspirations and norms of elites. We’re the only people on earth who thwart our own social progress, over and over again — and cheer about it.

We are caught in a death spiral now. A vicious cycle from which there is probably no escape. The average person is too poor to fund the very things — the only things — which can offer him a better life:

The result is that a whole society grows poorer and poorer.

Unable to invest in themselves or one another, people’s only real way out is to fight each other for self-preservation, by taking away their neighbour’s rights, privileges, and opportunities — instead of being able to give any new ones to anyone.

Though it’s too late to escape for them, let us hope our governments regulate their algorithms for profit sake.

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

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THE BEADY EYE ASK’S. WILL 2020 BE THE YEAR OF THE BIG MELT OR THE BIG FRY.

02 Thursday Jan 2020

Posted by bobdillon33@gmail.com in #whatif.com, 2020: The year we need to change., Climate Change., Evolution, HUMAN INTELLIGENCE, Humanity., Life., Modern day life., Our Common Values., Politics., Populism., Post - truth politics., Purchasing Power., Reality., Social Media, 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 European Union., What Needs to change in the World, Where's the Global Outrage., World Aid., World Leaders, World Organisations.

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Apathy., Artificial Intelligence., Capitalism and Greed, Capitalism isn't working, Capitalism vs. the Climate., Earth, Environment, Global warming, Inequility, Information gap., Technology, The Future of Mankind, Visions of the future.

 

(Fifteen-minute read) 

 

It looks like being both.

We are the first generation to know we’re destroying the world, and we could be the last that can do anything about it.

SO AS IF YOU DON’T ALREADY KNOW WHAT NEEDS TO CHANGE HERE IS YOUR CHANCE TO DO SOMETHING ABOUT IT.  

We need to recognize that everything we do, every step we take, every sentence we write, every word we speak—or don’t speak—counts. Nothing is trivial.

Take personal responsibility.

We need to use social media – this is one of the most effective ways to get brands to listen to you, so tell them that you want a change.

Why?

Because, unfortunately, the politicians who dominate the world stage are, depressingly, mostly cut from the old cloth, and the leadership challenges they face, are particularly complex and will require different skills — notably a clearer vision among leaders of organisation’s shared purpose.

Because the digital revolution is far from over the pace of change only seems to be quickening when in fact it is causing isolation. 

Because, we are allowing non-regulated large technology platforms to become too powerful, using their size to dominate markets and we are not paying enough attention to how the tools they create can be used for ill –  like device addictions, as we drown in notifications and false news feed posts.

Because there is an increasing imperative for all of us to respond to climate change.  Which will and is challenging our lives developing on a daily bases right in front of our eyes into our biggest need to act as one.

How can any of this be achieved? 

How will the changing political, economic and environmental landscapes shape the world?

Don’t get caught up in the how of things. Don’t wait for things to be right in order to begin.

Because in our age of tectonic geopolitical shifts, “alternative facts,” and conflicting narratives, our routine everyday life is losing sight of our true goals and aspirations.

Because with the rise of short-sighted populism we will solve nothing, other than feeding the great unwashed with short term gratification.

We need to write a piece of software that eliminated malware, viruses and all of that crap. 

We need to show our political leaders that they want to change, to understand our common humanity.

We need to try to put yourself into another person’s headspace and accept people for who they are and what their beliefs are.

We need to collaborate and push for policies that complement both sides of the political spectrum.

We need to make wasting our resources unacceptable in all aspects of our life.  Every product we buy has an environmental footprint and could end up in a landfill. The impact of plastic pollution on our oceans is becoming increasingly clear, having drastic impacts on marine life.

We need to be more conscious about what we buy, and where we buy it from. Living a less consumerist lifestyle can benefit you and our planet.

We need to use our purchasing power and make sure our money is going towards positive change.

We need to realize that what we eat contributes around a quarter of global greenhouse gas emissions and is responsible for almost 60% of global biodiversity loss.

We need to be supporting eco-friendly products.

We need to try to waste as little food as possible, and compost the organic waste we can’t eat.

We need to make education free for all.  Start educating not for profit but for a better understanding of what is the common values of life.

We need to stop asking the world’s smartest scientists to find us more time and to reverse gravity’s effect on our lives.

We need to stop killing each other. Countries start wars and people die and more people are in poverty.

We need to create out of profit for profit sake a World Aid fund with perpetual funding. (See previous posts) A new nonprofit called Carbon Offsets to alleviate address Climate change and Poverty. 

We need to realize that all significant change throughout history has occurred not because of nations, armies, governments and certainly not committees. They happened as a result of the courage and commitment of individuals. Believe that you can and will make a difference. 

The genesis for change is awareness so I need to stop. 

This year will not only be another opportunity for the leading minds in media in all its forms to highlight consumption for consumption sake.

However, if they wanted to spread a message that helps us all they would ban advertising that promotes consumption for consumption sake/profit. 

Feel free to add your priorities. With rapid innovations in technology and open access to data its no longer “wait and see.” We need to stop the huge feeling of apathy. 

The coming year, let alone the next decade looks unpredictable.

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

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THE BEADY EYE ASK’S: IS IT TIME TO REGULATE SOCIAL MEDIA PLATFORMS WITH LAWS.

25 Monday Nov 2019

Posted by bobdillon33@gmail.com in 2019: The Year of Disconnection., Algorithms., Democracy, Digital Friendship., Elections/ Voting, Facebook., Fourth Industrial Revolution., Google, Humanity., Modern Day Democracy., Modern day life., Our Common Values., Politics., Reality., Social Media, The common good., The essence of our humanity., The Obvious., The pursuit of profit., The state of the World., The world to day., Twitter, Unanswered Questions., What Needs to change in the World, World Politics

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Algorithms., Capitalism and Greed, Facebook and Society., Google/Amazon/Facebook/Twitter, Platforms regulation/laws., Social Media, Social media platforms., The Future of Mankind

 

 

(Ten-minute read) 

The beady eye is far from the first voice to ask this question and it certainly will not be the last.

We might even come to “question whether we still have free will.

There is no doubting that the social web has created amazing opportunities to learn, discover, connect, but its downside as it penetrates our daily lives is becoming more and more prevalent in the creation of our future lives and the societies we live in.

If the public discussion is shifting increasingly to online fora, and those fora are having more and more influence over democracy it becomes increasingly important to apply principles to them. 

Honest political debate is essential for the health of a democracy.  

If discussions of import move into space where they can be readily censored, then we will simply no longer live in a society with a free exchange of ideas, because the playing field will always be tilted.

One only has to look at how social media platforms are amplifying what is wrong with the world.  

While we all reveal a huge amount of personal information online we are losing the ability to determine honest facts that democracy depends.

Basically, companies that run social media platforms are monopolies or near-monopolies in their areas of operation, and the only way we can achieve the desired outcomes is through clear, effective legal regulations. 

We can’t always control how others use their platforms but we can apply the same regulations that govern all other forms of Media.

The public cannot rely on these company’s self-regulation, because self-regulation raises more questions than it answers.

The fact is that the formation of a platform takes place in a vacuum, whereas the formation of any competitors do not, so they cannot be considered parallels in any way. 

If we take companies like Facebook and Google they both derive most of their revenue from advertising. They essentially constitute a duopoly because they have access to the best data about individuals. Every memory, picture, emoji, song, video, link, gripe, fear, hope, want, dream and bad political opinion posted is mined and monetized as data.

As a result of their algorithms, they are creating and reinforcing divided and insular online communities that do not interact with people or information with which they disagreed.

At the end of the day, how Facebook and Google conduct their businesses undermines privacy and raises questions about ethical behaviour in the uses of our information and their role in society.

The Internet is a “utility” like water or electricity. It is essential to modern life, not an optional subscription service.

Determining how to regulate Facebook or any other platform may first require some kind of definition of what it is.

Facebook brags about connecting us to our family and friends — but it also about directly influencing the outcomes of elections across the globe.

It sits on top of industries including journalism, where it, together with Google, essentially controls the distribution channels for online news and, in effect, the way people discover information about politics, government and society.

They ( Google, Facebook, Twitter,etc) have figured out how to take advantage of this dynamic to distribute false information about political candidates and hot-button political issues in order to drive up traffic and advertising revenue.

Protecting our community is more important than maximizing their profits.

They are given protections that no one can sue them for any reason — that is Google and Facebook nither are responsible for the fake news that appears on their sites.

They are completely shielded from any responsibility for the content that appears on their service.

Changes to legal protection (which has been interpreted by judges to provide a safe harbour for online platforms even when they pay to distribute others’ content and decline the option to impose editorial oversight) would likely be devastating to online platforms like Google and Facebook and would transform the way people interact across the entire internet.

However, with legal protection, sites like these could be held responsible for libellous comments posted by readers, Google could lose lawsuits over potentially false or defamatory information surfacing in search results, and Facebook could be sued for any potentially libellous comment made by anyone on its platform against any other person.

The legal bills to defend against libel and defamation claims would be enormous.

We all need protection and the ability to request platforms to provide us with control over online information by making it accessible and removable at an individual’s request.

The government, on the other hand, has a regulatory intent to protect citizens from content that is obscene or violent.

Should Facebook and their like be regulated?

A question that is never going to end. 

However, until we recognize that there is no fool-proof safeguard to keep horrific content away from the eyes of children we rely on huge fines to the detriment of us all. 

Till then with all internet platforms deflecting criticism, social media will be more psychologically damaging than anyone expected. 

We need a radical shift in the balance of power between the platforms and the people.

It is beyond comprehension that we tolerate the present position.

Or is it? When you see the below.   

Would you ever be prepared to use a nuclear weapon?

This question is increasingly put to politicians as some kind of virility test.

The subtext is that to be a credible political leader, you must be willing to use an indiscriminate weapon of mass destruction.

We should be baulking at the casual way in which political discourse on this topic has developed which is politically unacceptable and morally despicable. 

If a mainstream politician unblinkingly said that they would use chemical weapons against civilians there would be uproar. If a self-proclaimed candidate for prime minister boasted that they would commit war crimes, it would be a national scandal. Nuclear weapons should be seen no differently. 

It’s time that nuclear advocates spelt out the reality of what their position means.

The human race is so good at speaking, it’s lost the art of listening.

It might be easy to brush away the febrile atmosphere online as a nasty byproduct of free expression: I don’t want Facebook having everyone’s verified identities. I do want their platform and other platforms to be held responsible legally for content that is false, racest, hateful, rightwing fascist propaganda.  

I do know that if the big platforms, as they already do in part, forced some verifiable information to back up use, we could tame this wild west with legal requirements

I’ll give up on the consensus-building when I can open a platform knowing who to hold legally responsible.  


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

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

14 Thursday Nov 2019

Posted by bobdillon33@gmail.com 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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Capitalism and Greed, Climate change, Distribution of wealth, Inequility, Technology, The Future of Mankind, Visions of the future., World aid commission

 

(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

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

05 Tuesday Nov 2019

Posted by bobdillon33@gmail.com 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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Algorithms trade., Algorithms., Artificial Intelligence., Business and Economy, Capitalism, Capitalism and Greed, Distribution of wealth, Globalization, Inequility, Sovereign wealth fund, Technology, The Future of Mankind, Visions of the future., World aid commission

 

( 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)

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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 bobdillon33@gmail.com 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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Tags

Algorithms., Artificial Intelligence., Big Data, Capitalism and Greed, Distribution of wealth, Greed, Inequility, Technology, Visions of the future.

(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

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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 bobdillon33@gmail.com 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

≈ Comments Off on 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?

Tags

Capitalism and Greed, Climate change, Democracy, Distribution of wealth, Environment, European Union, Greed, Inequility, SMART PHONE WORLD, Social Media, Technology

 

(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? 

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THE BEADY EYE ASK’S : IS 5 G GOING TO CHANGE THE WORLD WE LIVE IN?

17 Tuesday Sep 2019

Posted by bobdillon33@gmail.com in 2019: The Year of Disconnection., Algorithms., Artificial Intelligence., Capitalism, Dehumanization., DIGITAL DICTATORSHIP., Evolution, Fourth Industrial Revolution., Humanity., Inequality, Medical, Modern day life., Reality., Robot citizenship., Sustaniability, Technology, The cloud., The common good., The essence of our humanity., The Future, The Internet., The state of the World., The world to day., Unanswered Questions., War, WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

≈ Comments Off on THE BEADY EYE ASK’S : IS 5 G GOING TO CHANGE THE WORLD WE LIVE IN?

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Algorithms., Artificial Intelligence., Capitalism and Greed, Distribution of wealth, Environment, Inequility, SMART PHONE WORLD, Technology, The Future of Mankind, Visions of the future.

 

(Ten-minute read)

 

Right now nobody knows for sure but it is going to radically upend many aspects of our lives, as it is a technological paradigm shift.

3G or 4G was just a trailer, and the movie is about to begin.This picture, posted on Twitter by Inga Sarda-Sorensen, shows dark storm clouds over the New York skyline

Why?

Because it is going to marry data collection and computation with billions of devices.

But there is a debate on the necessity for it, considering human physical and mental limitations.

It will become the underlying fabric of an entire ecosystem of fully connected intelligent sensors and devices, capable of overhauling economic and business policies, and further blurring geographical and cultural borders.

It will create a world populated by digital citizens in continual interaction with their surroundings, their peers and public services.

It will enable communications & computing power to come together creating a hyperconnected ‘Internet of everything’ world.

It will release the spectrum for mobile devices, bring about dramatic transformations in our daily lives.

It is going to change everything about everything else.

It will rock the world economy over the next decade as we haven’t yet

conceived that will be tied into the 5G network.

For example:

Your car will know your every move faster than your mind. Cars will be able to use 5G to talk to other cars and sensors built around cities, from street lamps to gas stations.

Think about your relationship between the smart city and an autonomous car.

Think about predictive care. It will enable advanced data transfer from wearables and sensors, facilitating remote clinical decisions and robotic surgery

Think about bring virtual reality into the classroom, allowing students to face real-life situations without real-life consequences.

Think about living in a world of always-on, always-sharing, cloud applications and services.

Think about it leading to seamless and ubiquitous information control.

It will potential to unlock trillions of revenue across a broad range of industries creating a different hidden economy with wireless consumption.

This revenue will be equivalent to total U.S. consumer spending in 2016, and more than the combined spending of China, Japan, France, Germany, and the U.K. This revenue also represents about 4.6 per cent of all global real output in 2035.

Another words countries without 5G will become less competitive globally, spreading inequality on a scale not seen before. This inequality leads to more than just differences in consumption and wealth distribution. It affects access to healthcare, education, nutrition, employment, financial and technological platforms; it exacerbates poverty, exclusion and violence.

By 2020, analysts estimate that there will be more than 20 billion installed IoT devices around the world, supporting 22 million jobs generating massive amounts of data.

With access to this kind of information, industries of all kinds will be able to reach new levels of efficiency as they add products, services, and capabilities.

It will mean that a surgeon may not need to be in the same room as a patient in the future. A surgeon could use a VR headset and special glove to control a robot arm that would perform an actual operation in another location.

With haptic feedback, you’ll be able to transmit the tactile sensation of experience, enhancing the sights and sounds of a video experience.

It will make drone warfare affordable and drone defence essential.

It will make consumption and production distant and broad concepts that are somehow unattached from us.

So what can we, as consumers, do, instead of feeling powerless and distraught?

We must ensure that 5G respect nature, and the interconnectedness of everything that matters for humanity.

An unofficial trade war is already afoot in the tech industry due to the imminent rise of 5G technology.

But it will not happen overnight. Think in terms of a decade or more for it to fully unfold.

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THE BEADY EYE SAY’S. HUMANITY MUST NOW COME FIRST.

16 Monday Sep 2019

Posted by bobdillon33@gmail.com in 2019: The Year of Disconnection., Algorithms., Artificial Intelligence., Capitalism, Climate Change., Dehumanization., Democracy, Environment, Evolution, Fourth Industrial Revolution., Google Knowledge., HUMAN INTELLIGENCE, Humanity., Inequality, Life., Modern day life., Politics., Populism., Post - truth politics., Reality., Sustaniability, Technology, The common good., The essence of our humanity., The state of the World., The world to day., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Politics

≈ Comments Off on THE BEADY EYE SAY’S. HUMANITY MUST NOW COME FIRST.

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Algorithms., Artificial Intelligence., Capitalism, Capitalism and Greed, Climate change, Community cohesion, Earth, Environment, Technology, The Future of Mankind, Visions of the future.

 

( Seventeen-minute read)

The world has been so depleted and is being so depleted even at this moment, that the future sustenance and stability for humanity is now imperilled.

Your future and your destiny will not be determined within the next decades. It will be determined now.

It will be determined by humanity’s wisdom or by its ignorance.

The future and fate of humanity will be decided in the years to come, and it will be determined by how humanity responds to the great change that is coming over the horizon in the form of climate change to the world.

No religion nor religious institution as it stands today can prepare humanity for the complexities of life in the universe or what humanity must know to preserve human freedom and sovereignty within this world.

It is what humanity must do to prepare both collectively and individually for climate change and our collective inability to regulate AI.

But because humanity as a whole is dull and ignorant, self-absorbed and unresponsive to a changing world we are still writing ourselves out of the script.

Our universities for years have taught classical/neoclassic/neoliberal economics; like these theories are unmovable divine pillars of reality.

Therefore, while most people see we need a more reasonable and democratic version of our current extreme capitalism, the dominant discourse insists the story not be changed at all. The dominant political narrative of our times is that we must live as individuals crushed between market and state. The relationship between the individual and the state boils down to a zero-sum game where everyone one eventually looses. The state is a pure and simple force.

With the effects of climate change (to come) people are waking up to the deception, let’s hope we can do right, because on all fronts of civilization as we know it time is running out.

We have political failure everywhere leading to the malfunctioning of our altruistic nature.

There is a disconnect between mass (commercial) media, even political science and common sense or popular wisdom.

Sounds to cynical?

Let me oil up my bow.

Present-day political failures are at heart of our problems.

Why?

Because there is a failure of imagination when it comes to the societal structure we evolved to live in and that our brains are still programmed for.

Google, Apple, Facebook, Amazon, etc.

These new organizations are actually not creating a dream environment of maximum social cooperation.

They are instead removing people’s needs to fulfilling each other’s needs!

Gnawing away our collective and individual identity our senses of belonging to a community for the sake of profit.

We need politics of belonging, but the trouble is, it requires a moral, ethical and educated populations which we don’t have and are now with AI are more than likely than ever never going to have.

As we rely on more and more Algorithms to make decisions without a discussion of facts and morals, against a background of pure data narrative can lead society to dark places.

We are unaware of what I call honest pricing that shows the cost of profit for profit sake to the environment.

If we were to charge fees proportional to harmful impacts on the environment, we would create a monetary representation of the value of natural resources.A Brazilian protester stands before gunfire during protests against corruption and police brutality.

So overcoming the material world would be the first step to a sustainable world-shifting us into a new reality.

We are left with the ever-present questions.

Do we give a toss and if so what can be done about it?

What roles do religion and our deepest beliefs play in contemporary life?

What lifestyles are we adopting in an increasingly technological world?

What is the balance of power–and the balance of trade?

What is the pattern of war and peace?

What are the issues facing local and regional communities, and what issues must we confront on a global scale?

What do we remember about our collective past, and how do we see the future?

Have the great issues that preoccupied people since the beginning of time taken new, distinctive forms after more than a hundred years of the fastest technological and cultural change in the history of the planet?

What challenges remain intractable?

What emerging solutions seem to offer the greatest promise?

Social media is full of video on the state of the world.

The need for clear-headed prioritisation of resources to tackle real, not imagined problems.

Despite that long record of success, agricultural production is stressed by floods, deforestation, drought, urbanization (land-devouring cities), and a growing appetite for resource-intensive meat.

More than 150 million people worldwide are at risk from rising sea levels and extreme storms that cause coastal flooding.

In the past 50 years, thanks to education and technology, more than 2 billion people joined the middle class, swelling the human footprint of nearly 50 per cent. At the same time, millions of acres of cropland have been devoured by population growth.

Today more than 6 billion people live in cities—about 70 per cent of the world’s population, roughly double the proportion of a half-century ago.

The Arctic may hold 22 per cent of the world’s undiscovered conventional oil and natural gas resources. Melting ice is liberating immense oil and natural gas reserves.

Although mounting worldwide energy demand continues to stress the environment, it has powered large-scale development of renewable energy.

Artificial intelligence will soon dominate the Earth—it could take decades, it could take millennia. At that point, AI will also take control of the Earths process. Refashioning the planet in ways that are optimal for synthetic life but quite possibly deadly for us.

You can’t help but wonder where it will lead. It’s a very dodgy future.

It may be true that the cosmos started with the Big Bang, some 14 billion years ago, but it took an awfully long time for the consequences of the Big Bang to settle down.

To have an optimistic view is the only one worth having.Our world relies on vast global networks.

So may you recognize that you as an individual must make these decisions and not simply rely upon others to make them for you.

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THE BEADY EYE SAY’S: THE WHOLE CATEGORY SYSTEM CONCERNING STORMS NEEDS SERIOUS RETHINKING.

08 Sunday Sep 2019

Posted by bobdillon33@gmail.com in Climate Change.

≈ Comments Off on THE BEADY EYE SAY’S: THE WHOLE CATEGORY SYSTEM CONCERNING STORMS NEEDS SERIOUS RETHINKING.

Tags

Capitalism and Greed, Capitalism vs. the Climate., Climate change

 

(Ten-minute read)  

 

Why?

Because the maximum intensity of hurricanes will increase by about 5% this century. 

Because there is growing evidence that the warming of the atmosphere and upper ocean, due to human activity such as burning fossil fuels, is making conditions ripe for fiercer, more destructive hurricanes.

Warming oceans conditions are ideal for spawning hurricanes.

While there is no consensus on the frequency of hurricanes in a warmer world, there is a consensus that the hurricanes are becoming more intense, and hence their impact will be worse.

Meanwhile, natural buffers to hurricanes, such as mangroves and coral reefs, are being stripped away around the world as a result of coastal development, pollution and warming waters.

THERE WAS A TIME WHEN STORMS HAD NO NAMES – A GALE FORCE

Now males and female names alternated because we are less afraid of hurricanes with female names.

Hurricane Florence killed dozens or so people. Hurricane Michael, killed about 70th, Hurricane Harvey unloaded 33tn gallons of water on Texas, Hurricane Irma, which reached a top speed of 177mph, ravaged Florida and several thousand people died in Puerto Rico after Hurricane Maria. Hurricane Katrina had 1,833 fatalities. Hurricane Dorian barrel into the northwestern Bahamas ravaging the Abaco Islands, killings 20.

Particularly devastating hurricanes cause names to be retired, which is why we won’t see a Hurricane Katrina, for example, again.

Now Storms are given names once they have sustained winds of more than 39mph so insurance companies don’t have to pay out home insurance policies if named storms are do not specify in their cover. ( Premiums may rise as insurers face ballooning claims.)

The Saffir-Simpson scale is now irrational, in part, because it deals only with wind, ignoring factors such as a storm’s size, rainfall potential and forward speed. 

The scale was designed to measure the amount of damage inflicted by winds, not the severe flooding due to storm surge.

The proportion of tropical storms that rapidly strengthen into powerful hurricanes has tripled over the past 30 yearsHurricane getting stronger

Perhaps its time to classify hurricanes as predators.

DANGEROUS: 

SEVERE- DEVASTATION: Enough force to damage homes and snap trees.

LIFE-THREATENING: 

GET -OUT:  Raze dwellings, causing widespread power outages and result in scores of deaths.

APOCALYPTIC: Stay put and die. 

 

NOAA’s GOES East satellite captured this view of the strong Category 1 storm at 8:20 a.m. EDT, just 15 minutes before the center of Hurricane Dorian moved across the barrier islands of Cape Hatteras.

In general, hurricanes are steered by global winds. The prevailing winds that surround a hurricane, also known as the environmental wind field, are what guide a hurricane along its path.

In 2016, for the first time since 1938, a hurricane formed in the Atlantic in January- Hurricane Alex.

While the eye of a hurricane is typically very calm and nearly windless, the eyewall is the fiercest part of the story, where winds are strongest.

A hurricane can pick up as much as two billion tons of water a day through evaporation and sea sprays. If the heat released by an average hurricane in one day could be converted to electricity, it could supply the United States’ electrical needs for about six months.

Those who deny scientific findings of climate change in favour of magical thinking and other such fallacies will only leave the world a more unstable and dangerous place for future generations to come.

 

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