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Tag Archives: Eradicate poverty

THE BEADY EYE SAY’S: ENDING WORLD POVERTY IS AN UNREALISTIC GOAL. l’

21 Sunday Jan 2018

Posted by bobdillon33@gmail.com in World Aid., World Leaders, World Organisations., WORLD POVERTY WHERE'S THE GLOBAL OUTRAGE

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Tags

Artificial Intelligence., Capitalism and Greed, Eradicate poverty, Inequalities of opportunity, Inequility, Poverty reduction, SMART PHONE WORLD, Solutions to Poverty, Solve World Poverty., The Future of Mankind, Visions of the future., world poverty

 

( A twelve-minute read that could be the answer to Poverty)

You don’t have to be Einstein to recognize that inequality in all its forms is what wrong with our world. It haunts every minute of our lives no matter who you are, however  ‘Ending world poverty is an unrealistic goal’Résultat de recherche d'images pour "pictures of poverty around the world"

It is policy not aid which matters most in today’s world.

Why?

Because the politics of inequality in the future will be as important as the economics of the Future.

Relative poverty is unpreventable without tackling inequalities. 

The aspirations of delivering a world where the quality of education, healthcare and national infrastructure available to every person is sufficient to bestow on them meaningful hope and ambition is hopefully the aim of “development”.  I emphasize the word hopeful.

In a world in which a billion people live on $1.26 a day, with climate immigration increasing and technology Algorithms blundering the world’s wealth.

We’re going to have to realize sooner than later that if we are to avoid or end violent conflicts ( That these days has inequality as their triggers) there is only one course to follow and that is to spread the wealth of the world fairly.

Poverty is a perception – it is a status which is bestowed on people who have relatively little – even in societies of plenty. Just look at the prevailing political view on aid to middle-income countries that contain hundreds of millions of desperately poor people.

We all know that the chances of ending poverty altogether are zero.

It would potentially cost some of the world’s biggest businesses billions and would need to be agreed by a group of world leaders who, if they all went out to dinner, would be sat around the table with their calculators out arguing about how to split the bill.

In a world driven by Greed, Advertising, and now more and more by filtered Social Media, we are becoming increasingly desensitized to the blight of others.

For those working in organisations that are dependent on official development assistance, it is hard to talk about ending their dependency, but the 21st century demands the challenge is not ducked.

Too much negativity and accusation of not making any progress with aid money. Comments like Shit Holes, which imply that aid is no longer necessary are undermining our Aid agencies, which are becoming an increasingly endangered species.

So if we accept that we won’t be satisfied if we overcome absolute poverty, where do we go next?

The closer we get to ending extreme poverty, the harder it is going to be to do it.

Imagine how different the world would be if the focus of aid spending was not “ending $1.25 dollar a day poverty” but “creating a fairer and more equitable world”.

Relative poverty will always exist and it should always be at the forefront of efforts to improve our world because it demands more than the bare minimum solution, or Asshole Trumps.

Decisions taken on tax regimes, remittance flows and trade concessions are now not the fastest route to assist poor countries in their development. Inequality is at the root of the reasons why.Résultat de recherche d'images pour "pictures of poverty around the world"

So in this world of inequalities is there any way of assisting development in a meaningful way.

Gadgets like tablets, smartphones and not-so-smart phones are multiplying five times faster than we are, with our population growing at a rate of about two people per second, or 1.2% annually.

The world is home to 7.2 billion gadgets, and they’re multiplying five times faster than we are.

The Mobile phone has done more for Africa than all Aid. No other technology has impacted us like the mobile phone.

The number of mobile phone users in the world is expected to pass the five billion mark by 2019. In 2016, an estimated 62.9 percent of the population worldwide already owned a mobile phone.

The mobile phone penetration is forecasted to continue to grow, rounding up to 67 percent by 2019.

By 2019, China is expected to reach almost 1.5 billion mobile connections and India almost 1.1 billion.

The number of smart phone users worldwide is expected to grow by one billion in a time span of five years.

It’s not that every person in the world has a mobile device, far from it; more than half of the population don’t have a mobile phone.

There are around 250 million machine-to-machine connections.

That may only be a fraction of the total number of mobile connections, but it was enough to knock us people off our perch in the man vs machine superiority stakes.

Just imaging what would happen if we were to equip everyone in the world (of voting age) with a mobile phone that could receive a basic income on a monthly basis.

Each phone with its unique pin.

With a phone that supplies a basic income we would witnessing a transformation in the way people relate to their governments.

A game-changer.

Not just a safer way to store money, but to reduce the need for Aid, to cut out corruption, to empower the poor, to eradicate inequality, to encourage closing the digital divide with the rest of the world. To give a sense of a future, information, opportunity and choice. To lift young people are currently trapped in poverty, often exacerbated by the need to contribute to their family incomes.

Explosive growth in mobile broadband use across continents would improve transparency and give a voice to citizens.

They would have a major economic, social and political impact.

So instead of the World Bank, the IMF, the Warren Buffets, the Bill Gates, the Mark Zckerbergs, the UN, Oxfam, the WTO, technology has the potential to lift people out of poverty.

There is no reason that a mobile money basic income could not be achieved with the application of a world aid commission of 0.05%. ( See previous posts)

Applying such a commission:  (On all profit seeking Algorithms, on all High Frequency Trading, on all Foreign Exchange Transactions over $50,000, on all Sovereign Wealth Funds acquisitions, to mention just a few of the existing Capitalist instruments that are solely designed for Profit.) would create a perpetual Fund of trillions.

Traditional banking is out of reach for many people in rural areas of developing countries, but mobile is bringing people into the financial system in droves. Financial inclusion, starting with a humble savings account, enables people to start businesses, invest in education and weather bad times.

Mobile still has hurdles to jump before it can reach all the lives of people most in need of the technology: Namely, reliable, affordable energy and comprehensive network coverage.  However you can rest assured if aid was directed to placing a communication satellite in orbit to service Africa or Latin America cell, phone use could help developing the countries within these Continents to plan electrical infrastructure.

There are in the world already a enough used mobile phones to supply most of Africa ( Pop. 1,273,903, 985)

Unfortunately there seems to be a major barrier to people turning in their old phones to be recycled.

To give a couple of examples, a recent survey found that 63% of Canadians have an unused phone at home. And in the UK alone, people are holding on to an estimated 76.8 million unused phones.

If your used phone is a very recent model, you may want to consider sending it in to Fairphone’s recycling program.

So Technology presents as opportunity to articulate a broader and more sustainable vision.

It is essential that we take it.

Poverty shouldn’t be a Catch 22 but in reality, for some, it is.

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

 

 

 

 

 

 

 

 

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THE BEADY ASK’S: WHERE DO YOU THINK POVERTY CAME FROM AND WHERE IS IT GOING TO END UP.

19 Friday Jan 2018

Posted by bobdillon33@gmail.com in Poverty

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Tags

abject poverty, Capitalism and Greed, Eradicate poverty, Extreme poverty, Solve World Poverty., Technology, The Future of Mankind, Visions of the future., World aid commission, world poverty

 

( A twenty-minute read if you want a world worth living in)

Most of us were taught that poverty started with the Industrial Revolution.

For the most part this is true but it did not happen in the isolation of the British Empire.

This story is powerful in its simplicity but if we rewind to about 1500 people living in South America, India, and Asia were much better off than Europeans. In fact Europe was just emerging from the dark ages.

China and India controlled most if not nearly all the world economy.

The Question is how did this change and why?

I put it down to Christopher Columbus and shoddy geographical calculations.

On his second outing in the Caribbean he was looking for gold and as a result the Spanish invasion killed must of the islands inhabitants. Then came a bloke named Cortes who ripped off the Aztec of Mexico,followed by Pizarro yet another Spanish conquistador with an unquenchable thirst for gold.

A total of over  185,000 kilograms of gold and 100 million kilograms of silver were pilfer from Latin America and pumped into Spain and then used to pay for Spanish war and debts.

(A 100 million kilograms of silver invested back then @ 5% would amount to $165 trillion to-day. More than double the world’s total GDP to-day)

This wealth allowed Europe to grow its economic wealth beyond the China or India.

The result was Europeans outsourced its labour into wars and colonization reducing the population of the rest of the world by slavery, epidemic diseases and massacres while enjoying the rich life.

(  Free Slavery labour benefited the USA Colonies by over 222.5 million hours)  Britain pay compensation of over £20m to slave owners equivalent to £300 million to-day which tell us nothing of the total value they produced.

The Silver was turned into cotton and sugar and spices. Cotton being the key raw material for the European Industrial Revolution.

The Surviving slaves got nothing.

Indeed without the slave colonies of the New world there would have being no market for the Industrial goods.

You could say that the above is rather a simplistic explanation but development in Africa and Latin America was effectively stolen by Europe.

So where are we to-day.

  • Almost half the world — over 3 billion people — live on less than $2.50 a day.
  • The GDP (Gross Domestic Product) of the 41 Heavily Indebted Poor Countries (567 million people) is less than the wealth of the world’s 7 richest people combined.
  • Nearly a billion people entered the 21st century unable to read a book or sign their names.
  • Less than one per cent of what the world spent every year on weapons was needed to put every child into school by the year 2000 and yet it didn’t happen.
  • 1 billion children live in poverty (1 in 2 children in the world). 640 million live without adequate shelter, 400 million have no access to safe water, 270 million have no access to health services. 10.6 million died in 2003 before they reached the age of 5 (or roughly 29,000 children per day).

Poverty is the state for the majority of the world’s people and nations. Why is this?

Behind the increasing interconnectedness promised by globalization and technology are global decisions, policies, and practices.

Formulated by the rich and powerful.

These can be leaders of rich countries or other global actors such as multinational corporations, institutions, and influential people.

As a result, in the global context, a few get wealthy while the majority struggle.

The poorest are also typically marginalized from society and have little representation or voice in public and political debates, making it even harder to escape poverty.

The amount the world spends on military, financial bailouts and other areas that benefit the wealthy, compared to the amount spent to address the daily crisis of poverty and related problems are often staggering.

To attract investment, poor countries enter a spiraling race to the bottom to see who can provide lower standards, reduced wages and cheaper resources.

This has increased poverty and inequality for most people. It also forms a backbone to what we today call globalization. As a result, it maintains the historic unequal rules of trade.

Now we are looking at a new form of Poverty currently being created by a few monopolies. I call it Algorithm Poverty.

Around the world, in rich or poor nations, poverty has always been present. In most nations today, inequality—the gap between the rich and the poor—is quite high and often widening.

The causes are numerous, including a lack of individual responsibility, bad government policy, exploitation by people and businesses with power and influence, or some combination of these and other factors.

Inequality will affect social cohesion and lead to problems such as increasing crime and violence. Almost half the world—over three billion people—live on less than $2.50 a day and at least 80% of humanity lives on less than $10 a day:Résultat de recherche d'images pour "pictures of poverty in america 2016"

And we wonder why the world is in a state of chaos.

Around 21,000 children die every day around the world. World hunger is a terrible symptom of world poverty.

Food aid (when not for emergency relief) can actually be very destructive on the economy of the recipient nation.

Free, subsidized, or cheap food, below market prices undercuts local farmers, who cannot compete and are driven out of jobs and into poverty, further slanting the market share of the larger producers such as those from the US and Europe.

Poverty leads to hunger. There are many inter-related issues causing hunger. They include land rights and ownership, diversion of land use to non-productive use, increasing emphasis on export-oriented agriculture, inefficient agricultural practices, war, famine, drought, over-fishing, poor crop yields, etc.

Solving world hunger in the conventional sense (of providing/growing more food etc) will not tackle poverty that leads to hunger in the first place.

Further, there is a risk of continuing the poverty and dependency without realizing it, because the act of attempting to provide more food etc can appear so altruistic in motive.

To solve world hunger in the long run, poverty alleviation is required.

For the first time in our history Technology offers us a chance to distribute the world’s wealth fairly.

Without Trade agreements, Aid, Repayment, Corruption, Power Brokering by NGOs, United Nations Begging, Bureaucratic interference, or any other hidden agendas.

It could be both implemented and funded by the very Algorithms that are going to spread poverty. ( See previous Posts)

It requires the large capitalist monopoly platforms to supply a free basic mobile phone to every person register as citizen of a country world-wide.

On registration the people would be allocated a pin number.

This pin would allow them to access a monthly Basic non repayable no strings attached Income payment.

There is no other way of ensuring that our world can fight poverty and climate change.

Most of the causes of hunger are found in global politics.

People are hungry not because the population is growing so fast that food is becoming scarce, but because people cannot afford it.

The number of people overweight or obese is now rivaling the number of people suffering from hunger around the world.

Its time to get off our fat asses and share our wealth not push it around to create more wealth.Résultat de recherche d'images pour "pictures of poverty in america 2016"

Résultat de recherche d'images pour "pictures of poverty in america 2016"

If you want a world worth something in the future now is the time to start creating it. Solve                                             World Poverty once and

For all.

It can be done with the press of a button.

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

 

 

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THE BEADY EYE SAYS: UNLESS EUROPE LOOKS AT ITS HOMELESS IT WILL NEVER BE UNITED.

19 Wednesday Apr 2017

Posted by bobdillon33@gmail.com in European Commission., European Union., homelessness., Humanity., Modern Day Democracy., Our Common Values., Politics., Poverty, Sleeping Rough., The Obvious., The world to day., What needs to change in European Union., WORLD POVERTY WHERE'S THE GLOBAL OUTRAGE

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Eradicate poverty, homelessness., Poverty, Sleeping Rough.

( A THREE MINUTE READ)

In  Europe alone, there are 3 million people on the streets.

Résultat de recherche d'images pour "pictures of homeless people"

We all know that the  Eu has many problems and is need of reform. All EU countries face major challenges in relation to finding sufficient resources to tackle social problems and it cannot be expected that one country like Germany is going to sort out other country’s homeless.

However it appears to me that homelessness is increasing across a considerable number of EU Member States.

The growing number of people in Europe facing situations of housing vulnerability due to shifting dynamics in housing and labour markets, as well as the diminishing role of states in housing provision requires policies that target different types of homelessness (temporary, long-term) with customized interventions (prevention, supported housing) that are flexible and effective at engaging individuals “where they are.”

As EU member states grapple with immigration and other social changes wrought by EU integration, globalization, and the economic crisis

We are now caught in VICIOUS circular, with the whole area in needs of a fresh approach.

Prevention of homelessness is strongest in social democratic regimes, and the weakest in Mediterranean countries and some eastern European transition nations.

Which strategies in particular are best suited to responding to homelessness, either from a preventive or remedial vantage point is debatable however the provision of housing must ultimately be seen as the primary solution to homelessness, and that, while distinct from their housing needs, the additional health and social service needs of individuals need to be addressed as well.

Housing and services should NOT be linked.

A right to housing for all homeless persons will only be successful to the extent that such a right is legally enforceable.  

Another words in the hands of courts rather than in those of elected governments.

While the numbers of people experiencing homelessness may be relatively low compared to those experiencing other social problems within the EU, the unique distress of homelessness and the potential costs for individuals, families and wider society from homelessness must never be forgotten.

Quantifying homelessness isn’t straightforward and I don’t think it would be beneficial here to list the thousands that are sleeping rough in Europe, country by country.

It is sufficient to state that Homelessness is a violation of fundamental human rights. When you walk by a homeless person it personifies whether the European Union is working or not.

In total, the United Nations Commission on Human Rights estimates that the world has 100 million homeless people.

And we wonder why we have such an unstable political world.

By comparison in Australia and Canada, hundreds of thousands of people are homeless.

There are over 9.5 million homeless people in Columbia and 24.4 million in Nigeria.
Image associée

The argument can be made for approaching homelessness as a problem that affects a set of distinct sub-groups and consequently, for tailoring solutions according to each group’s respective needs. Homeless youth, Homeless women  Homeless migrants. Homeless mentally ill.

This places homelessness interventions squarely within the broader context of poverty.

But poverty is also the inability to use the resources offered.  Poverty should be understood as not merely a problem of access to resources but also as implying a lack of ability in taking advantage of resources.

If the EU does not want social exclusion within its ranks it must address homeless with a Rooflessness subsidy, like it help the farming communities through the Common Agricultural Policy.

Homelessness in Greece has significantly increased to 20,000 homeless people in recent years.

About 50% of the homeless population roams the streets of Athens.

Measuring the scope and extent of homelessness in Europe still remains a significant obstacle along with the whole set of processes that generate homelessness and what results in different histories of homelessness.

The POOR AND HOMELESS WILL CONTINUE TO GROW, BOTH WILL UNDERMINE THE ECONOMIC GROWTH AND UNITY OF THE EU. Résultat de recherche d'images pour "pictures of homeless people"

All comments welcome, all like clicks chucked in the bin.

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“The world we live in appears to be falling apart at the seams.”

12 Monday Jan 2015

Posted by bobdillon33@gmail.com in Uncategorized

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Capitalism isn't working, Eradicate poverty, TECHNOLOGICAL ADVANCEMENT

Because the technological revolution has brought a new standard of wealth, health and comfort to the people’s of First World countries. Never in history has a generation differed as greatly from those of the past.

It “has created a crisis of sustainability as our propensity to consume exceeds our capacity to conserve diversity and control wastes; removing national barriers has exposed poor and ill-equipped Peoples to the threats as well as the benefits of free trade and competitive markets; globalizing communications has reduced cultural diversity and exposed everyone to the temptations of an often materialistic and trivial international media industry.”

The problems seem overwhelming. Why? It’s not Rocket Science.

People reach a point in which they believe that money should be obtained
regardless of the cost. We would be lead to believe that we live in an “enlightened society” by our worlds leaders, but the truth remains that poverty, hunger and human misery remain very much evident in society today.

The gap between the rich and the poor is widening and will keep widening because more and more middle class society is forced into the lower class and in turn creating more poverty.

In order to eliminate any of these issues we must redefine what we believe is an enlightened society.

The development discourse and practice has been based on a rational approach that assumes that economic growth benefits all society, reducing both poverty and inequality is not working nor will it ever work because of greed.

It seems bizarre, that we, modern, intelligent people, have not yet succeeded to get rid of the differences between DCs (developed countries) and LDCs (less developed countries).  We have not been able to counter rich-countries’ biased trade policies. The Western framework of democratic institutions that has given support, and meaning, to economic liberalism and therefore to “fair dealing” has itself been called into question. Growth with inequality is an explosive mixture, one in which the very rich and the very poor live side by side in large urban centers. This fuels many forms of social conflicts creating a vacuum of meaning in Western democratic institutions.

The contradiction between rich nations’ development aid intentions and their actual trade practices has a negative result among LDC populations. A country’s commercial practice, like its culture, can be, rightly or wrongly, identified with its people’s beliefs. In developing countries, it’s more about having access to what we would consider basic necessities, such as indoor plumbing and running water, food, clothes, and maybe even electricity.

A person who does not have a lot of money cannot live in an upper class neighborhood because their economic status deems them unfit for that neighborhood. There are very few choices that the lower class has thus, there are more people living in poverty and more “middle class” society being forced to live in poverty. All around us we see people segregated by class. From the cars we drive to newspapers we read, there are noticeable differences.

There is a wealth of opinions and viewpoints but no one perfect solution, with a sharp increase in violence during the last decade of ever-increasing globalization. Wealth isn’t just about money or status income inequality is the main division. The power of the rich over the majority of the poor.

The use of that power in relation to globalization: within the unstable political and economic setting of LDCs, inside information is vital for international businessmen. Those who hold economic, political and/or informational power in LDCs are in a position to channel investment and/or development where they want. The overall result is an even larger imbalance of power, which restrains fair negotiation and conflict transformation/resolution practices.

We must embark on a bold new program for making the benefits of our scientific advances and industrial progress available for the improvement and growth of underdeveloped areas. The old imperialism — exploitation for foreign profit — has no place in our plans. What we envisage is a program of development based on the concepts of democratic fair dealing.

While the existence of such a divide is unquestionable, its origins, structure, and consequences are not. Could one, for example, securely say that income gaps lead to conflict? It could be argued, that the attacks on the World Trade Center and the Pentagon were attacks on what the perpetrators’ identified as symbols of the main source of LDCs’ growing poverty and inequality:

To some extent, local-scale rich-poor conflicts mirror the conflicts between LDCs and the rich nations. Is it possible to relate intractability to this divide?

Poverty has been approached in both absolute and relative terms. “Absolute poverty” is a measurable quantity referring to a lack of the basic resources needed to maintain a minimum of physical health, normally calculated in calories or nutritional levels. “Relative poverty” has a qualitative dimension. It refers to general standards of living in different societies, taking into account culturally sensitive interpretations of poverty, and variations between and within societies over time.

For those concerned with social policies and economic growth, inequality is normally interpreted as lack of equality of condition, that is lack of achievement of any given welfare indicator (e.g. income, consumption) or any valuable attribute of a population.

The reduction of poverty levels within any given society may not imply a reduction of inequality, because all classes in society may benefit simultaneously from economic growth, keeping the same proportion among them.  While it seems clear that inequality is undesirable, there is a great deal of debate over the desirability of total equality. One debate over equality questions is the meaning and value of concepts such as class, status, power, and authority. These cannot, it is argued, be completely equalized without suppressing other values such as personal freedom and individualism.

Welfare: It has a much broader meaning, referring to the general state of well-being that an “entity” enjoys. Here, “entity” can be taken as a person or as a state, thus one can speak in terms of “personal well-being” or “welfare of the state.”

The larger the difference in income between a country’s rich and poor, the larger the inequality. Inequality is likely to obstruct the rate and quality of economic growth.

Recent events in France (mostly caused by a pre-conditioned belief of each other) is a wake up call not to the suppression of freedom but to the Inequality of opportunity that exist in the world to develop. How can democracy really exist in a country where most of us do not participate in the decision-making where we spend so much of our lives? If workers can’t democratically control their economic lives, are they really free?

Here in the EU the dairy sector receives subsidies of around $16 billion $2 per day per cow, while equivalent to more than Half the world’s people live on less than this amount.

As I have said it’s not rocket Science we must Cap Greed to contribute to all.

 

“There is no democracy in  form of Capitalism.”

( SEE Previous Posts)

 

 

 

 

 

 

 

 

 

 

 

 

 

In the age of globalization, the gap between high and low income countries is not only persisting, but in many cases it is widening,

 

 

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Technological advances are altering the nature and the expectation of life.

04 Sunday Jan 2015

Posted by bobdillon33@gmail.com in Uncategorized

≈ Leave a comment

Tags

3 -D Printing, Communications, Crowdfunding, Energy, Eradicate poverty, Greed, Health Monitoring sensors, Smart machine, Social Media, Technology

 

All the festivities of Christmas and the New year are over.

It’s the start of another year and I am sure like me there are many of you afraid to ask ” Am I going to make it to the End of the Year.

The answer I hope is Yes.

We all know that new racial tensions are rising and finding expression in violence.

However the Deserts of Technology are just being created.

Some of us will lose our jobs, other will find new jobs but you can rest assured in this part of the world that technology will become more and more pervasive and that you are slap bang in the middle of incredible change, with unprecedented breaches in personal data leading this charge. 

Now all of this has happened before and the nature of man has not changed nor will it change.

Why?

Because no matter what technology we invent Greed has an eye on it.

Because as before we are not ready for the changes to come.

Because we are unwilling to except that the smart machine era will be the most disruptive in the history of IT and most of us have no concept of the disruption it will be causing in Industry after Industry.

The cost of production is becoming less than the cost of human labor.

So my advice is to wake up if you have not already done so.

The advent of dump down intelligence ( The game Angry Birds was downloaded over a million times in the first 24 hours it was available on Android devices. Seven months later the game had been downloaded more than 200 million times.) is on us and soon it will be everywhere.  Your prosperity or happiness you can rest assured will be a long way down the list of things to be achieved in the Capitalistic World of 2015.

The concept of peace is easy to grasp; that of international security is more complex even if the revolution in communications has united the world in awareness, in aspiration and in greater solidarity against injustice.  We are all being turned into non sustainable commodities.

If you don’t believe me answer a few of the following:

What will the Chinese Economy do when it is replaced by 3 -D Printing?

( The growth of the 3-D printing market is to increase at a compound rate of 23 percent—to $8.4 billion—by 2020, with expansion into areas such as architecture, medical products and jewelry design. Physical and online retailers are expected to market 3-D printing technology, undoubtedly one of the most exciting topics of discussion for technology enthusiasts in the coming year, and one that will eventually result in more innovative and productive outcomes.)

The office robotics market is growing seven times faster than the market for manufacturing robots.  Not long now before the remote worker population will include some 43 percent of all U.S.

What will the world of Finance do when it is radical changed and replaced by Crowdfunding? (The recently announced acquisition of the venerable New York Stock Exchange by the upstart Intercontinental Exchange. Shows that the residual value of the NYSE would appear to be largely in its brand.)

What will our Health Organisation do when we are all wearing attachable Health Monitoring sensors that will monitor our health feeding its data back to AI -based physicians who will understand your genomics sequence data. (We wont need doctors for day-to-day medical advice nor surgeons as all basic operations will be performed by Robotic Surgeons perhaps owned by GOOGLE or some other I Cloud based operator.)

What will our Energy companies do when we reach Grid parity i.e. When it becomes cheaper to produce your own energy than it is to buy from the grid.

What will our communication companies do when all communications will be done thorough free with WiFi networks. (Long distant calls are all ready dead with Skype.)

What will our Political leaders do when power rests with Social Media, Sovereign Wealth Funds and Big Data.

At present, mobile devices outnumber the total population of the planet, which indicates that in the near future every device having an IP address will have the capability to connect with others and be controlled from other devices through internet enabling firms to quickly and cost effectively realize more value from structured and unstructured information.

The Internet of Things (IoT) will generate revenue exceeding $300 billion worldwide by 2020, with some 26 billion devices connected to the IoT.

As modern devices like mobiles, cameras, wearable gadgets, sensors, and cloud based services, social networking etc use and produce data that can be translated into information for its users, this also calls for provisioning for storage of petabytes and terabytes of data in a secured and a usable format to be able to turn it into meaningful insights. (2014 has been a wake up call for those outside the world of cyber security.)

As technology gains its presence in almost every aspect of human life, it will be crucial for nearly every application to include analytic’s to filter out the colossal amounts of information, known as big data, generated by daily activities and engagement with technology, web and social media, reaping its benefits.

Just look at Twitter today the company boasts more than 200 million active users and half a billion tweets a day. It is destabilized everything from the news and information ecosystem to unpopular national governments.

2015 it will present some of the greatest challenges and threats to advancing technology. In a age where Facebook, Twitter, and Tumblr, internet fads (or “memes”) can infect the whole world in a matter of days our World Organisations are becoming obsolete.

The numbers are staggering: Among the billions of hours of videos that are now available over the Web, an estimated 100 million users around the world watch at least one online video every day.

Where does all of this leave us?

If you asked me the truth is, we don’t know, don’t have any idea. we don’t know when we started doing many of the things we’ve done. we don’t know what we are doing right now or how or present actions will affect the future. what we do know is that there is only one planet to do it on and on it one species of being capable of making a considered difference.

We have arrived at this position in a stunningly short time, and we are really at the beginning of it all.

With the merging of the real and virtual worlds the robotics industry will increase at a rate of more than 20 percent in next five years with advanced algorithms that will allow systems to understand their environment, learn for themselves, and act autonomously,

But Technology has a blind spot.

Our identities as humans are each and every day being eroded. Progress is also bringing new risks for stability: ecological damage, disruption of family and community life, with greater intrusion into the lives and rights of individuals.

With the merging of the real and virtual worlds the robotics industry will increase at a rate of more than 20 percent in next five years with advanced algorithms that will allow systems to understand their environment, learn for themselves, and act autonomously.

The accepted notions on how to eradicate poverty is being Challenged by the rapid transformation of Financial trading from physical to electronic,

If we are not to drive the world into unbridled Inequality we need to for once in its history Cap Greed ( see previous Posts) and stop Privatization for the sake of profit. 

 

 

 

 

 

 

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