Tag Archives: Inequility

THE BEADY EYE LOOKS AT THE CRISES FACING THE WORLD.

08 Sunday Mar 2020

Posted by in 2020: The year we need to change., Artificial Intelligence., Capitalism, Disasters., Environment, HUMAN INTELLIGENCE, Human values., Inequality, Life., Modern day life., Natural World Disasters, Our Common Values., Poverty, Survival., Sustaniability, Technology, Technology v Humanity, The common good., The essence of our humanity., The Obvious., The state of the World., The world to day., Unanswered Questions., VALUES, War, WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Leaders, World Organisations., World Politics

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Five minute read.

With all aspects of our life made into a form of viewing entertainment. We live in a world that has become desensitized. 

The result is that most if not all of us pay little attention to the state of Earth.

The drawn-out nature of many crises now facing us all underscores the importance of coming together to urgently resolve the root causes of a humanitarian crisis.

It is unlikely the situation will improve. 

 Where do you even start? Which issues are the most urgent?

 

So this post is not intended to be an exhaustive list. Rather, it serves as an overview of some of the major issues all global citizens should be aware of.

Sometimes it can seem as though there are too many – from climate change to inequality around the world, too many people living without access to medical care its not worth knowing. 

But just in case here is why we are in such a mess. 

12.9% of the world is undernourished, about 30% of the adult population is overweight.

Conflict continues to drive displacement and food insecurity but communicable diseases are still responsible for 71% of deaths.

The international community, and in particular wealthy nations, are failing to meaningfully share the responsibility for protecting people who have fled their homes in search of safety. 

  • 25.9 million refugees globally — the highest level ever recorded
  • Half of the world’s refugees are children
  • A third of refugees — 6.7 million people — is hosted by the world’s poorest countries
A mother rocks her sick child in a camp in Afghanistan's Badghis' Muqur district, where the IRC supports displaced families.

Driven by nearly two decades of conflict and political instability; 9.4 million Afghans (25 per cent of the population) need humanitarian assistance. There are almost 2.5 million registered Afghan refugees living outside the country.

4.6 million Venezuelans have fled the country as of November 2019. 

There are over 2 million displaced Nigerians.

Eleven million Syrians (65 per cent of the population) are in need of humanitarian assistance.

The Democratic Republic of Congo 15.9 million people require humanitarian assistance. 

Over 24 million Yemenis (80 per cent of the population) are in need of humanitarian assistance,

South Sudan 7.5 million people need humanitarian assistance. 

600 million children are not mastering basic mathematics and literacy while at school.

Forests are key to producing the air we breathe, yet these are being depleted at a rate of 26 million hectares every year.

Extinctions are happening at what scientists estimate to be about 1,000 times the normal pace. Not only are we losing flora and fauna, but we are also damaging our ecosystems, and throwing them out of balance

Our oceans are under threat.  

Sand and gravel are now the most-extracted materials in the world, exceeding fossil fuels and biomass.

Climate change is another issue.

There is actually not enough fresh water for each person currently living on the planet. 

Population growth. The number of people on the planet is set to rise to 9.7 billion in 2050 with 2 billion aged over 60.

More than 61 million jobs have been lost since the start of the global economic crisis in 2008, leaving more than 200 million people unemployed globally.

With 43% of the world’s population connected to the internet, regulatory frameworks are unable to keep up.

In this complex moment in history, in which so many are suffering and the Earth itself is in peril

The cloud of nuclear destruction hangs over each of our days.

But the question remains what kind of society do we want to have?

The reasons behind current trends are many and complex.

The detail of the information that we are beginning to capture about our world is mind-blowing. The granularity of the data we are beginning to collect through advances in technology. While improving our lives through cleaner energy sources, personalized nanomedicine and nano-engineered materials.

In all of these areas, progress will undoubtedly lead to a reduction in conventional jobs and inequality on a global scale not seen before.

But technology alone can not break the self-reinforcing mechanism that causes poverty to persist. 

As highly innovative products emerging will, however, promote inequality if only a few have access to this new technology and the knowledge to master it.

Education is probably the single most important tool for turning technology into an engine for opportunities for all.

Public policies, which are currently mainly focused on fostering economic growth, should focus on providing further opportunities, less inequality and a more sustainable economic, social and environmental future.

Technology is not the solution but it is, for sure, a powerful tool towards achieving this ambitious objective.

Whether it’s turning promises on climate change into action, rebuilding trust in the financial system, or connecting the world to the internet there is an overall lack of long-term investment, which has serious implications for global growth.

But the most astonishing canvas is right in front of us if only we would listen with our ear to the earth we might see the light we cannot see.

In short, the world urgently needs a new, global plan based on genuine international cooperation and a meaningful and fair sharing of responsibilities. 

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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 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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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: WHY IS IT THAT WE ARE ALLOWING ALGORITHMS TO RUN OUR LIVES.

28 Tuesday Jan 2020

Posted by in 2020: The year we need to change., Algorithms., Artificial Intelligence., Climate Change., Digital age., DIGITAL DICTATORSHIP., Evolution, Fourth Industrial Revolution., HUMAN INTELLIGENCE, Human values., Humanity., Inequality, Innovation., Modern day life., Post - truth politics., Reality., Robot citizenship., Sustaniability, Technology, The common good., The Future, The Internet., The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., WiFi communication.

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(Twenty-minute read)

Technology is getting increasingly personal.

With algorithms becoming the masters of social media are we all just becoming clickbait?

Devices are providing immediate information about our health and about what we see, where we go and where we have been.

Our lives are being shaken to their very core.

With 5G technology what we experienced at the moment will pale in comparison to the vast array of possibilities carried under its belt by this new generation of wireless connectivity, which is being built over the foundations of the previous one.

It will allow millions of devices to be connected simultaneously.

All stakeholders – business, government, society and individuals – will have to work together to adjust so these technologies and rapid changes are harnessed for the development of all, not just profit.

Swathes of the globe will be left behind.

Regardless it is no longer just about repetitive factory jobs rather an increase in inequality globally.

It is not only a moral imperative to ensure that such a scenario does not happen as it will pose a risk to global stability through channels such as global inequality, but migration also flows, and even geopolitical relations and security.

We already live in a world that has been profoundly altered by the Fourth Industrial Revolution. Yet there is not much debate on the likely size of the impact.

Why?

Because there are such divergent views it is difficult to measure.

But within the next decade, it is expected that more than a trillion sensors will be connected to the internet. By 2024, more than half of home internet traffic will be used by appliances and devices that are connected to internet platforms.

With almost everything connected, it will transform how we live never mind how we do business.

If there is no trusted institution to regulate it we can kiss our arses.

Now is the time to make sure it is changed for the better.

The internet of things will create huge amounts of data, raising concerns over who will own it and how it will be stored. And what about the possibility that your home or car could be hacked?

The internet is great for ideas, but ultimately, the things that will amaze you are not on your computer screen.

Artificial Intelligence may well invent new life forms but if we as humans do not contrive and manage global acceptable ethical parameters for all its forms – (bioengineering, gene editing, nanotechnology, and the algorithms) that run them we are more than idiots.

As Yuval Noah Harari says in his most recent book ( 21 Lessons for the 21st Century) ” There is no such thing as ‘Christian economics’, ‘Muslim economics’ or ‘Hindu economics’ ” but there will be Algorithms economics run by big brother. 

The digital age has brought us access to so much information in just a few clicks of the mouse button or the remote control everything from the news, Tv programmes with the internet becoming somewhat glorifying sensationalism rather than giving us the truth.

The question is.

Are the technologies that surround us tools that we can identify, grasp and consciously use to improve our lives?

Or are they more than that:

Powerful objects and enablers that influence our perception of the world, change our behaviour and affect what it means to be human?

What can we do?

The Second Industrial Revolution and the Third Industrial Revolution have lead us to this revolution the Fourth Industrial Revolution which can be described as the advent of “cyber-physical systems” involving entirely new capabilities for people and machines.

Unlike previous revolutions, it is not the world as a whole that will see any of its benefits or disadvantages it is individuals and groups that could win – or lose – a lot.

Unfortunately, expanded connectivity does not necessarily lead to expanded or more diverse worldviews it will be the opposite with our increased reliance on digital markets.

At the moment it’s just not very evenly distributed nor will it be.

At best we can moan about it and hope that climate change shifts our reliance on biomass as primary sources of energy.

Back to Clickbait.

The issue with clickbait is that the reader or site visitor is being manipulated into clicking something that is misleading.

Clickbait is not one-dimensional. Each time you run a Google search, scan your passport, make an online purchase or tweet, you are leaving a data trail behind that can be analysed and monetized.

Most clickbait links forward a user to a page that requires payment, registration or a series of pages that help drive views for a specific site.

It can also point to any web content that is aimed at generating online advertising revenue.

We’re all guilty of being gullible of clicking links online but Clickbait websites are notorious for spreading misinformation and creating controversy in the name of generating hits.

Have you not ever felt that you’re being played as dumb individuals whenever you watch the news or scroll through a media site?

Thanks to supercomputers and algorithms, we can make sense of massive amounts of data in real-time. Computers are already making decisions based on this information, and in less than 10 years computer processors are expected to reach the processing power of the human brain. A convergence of the digital, physical and biological spheres challenging our notion of what it means to be human.

Today, 43% of the world’s population is connected to the internet, mostly in developed countries.

Cooperation is “the only thing that will redeem mankind”.

We can use the Fourth Industrial Revolution to lift humanity into a new collective and moral consciousness based on a shared sense of destiny, and that’s until 6G comes along or living robots.

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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 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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(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 THIS THE WORLD YOU WANT TO LIVE IN NEVER MIND LIVE ON.

14 Thursday Nov 2019

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

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(Twenty-minute read) 

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

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

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

There are nearly 210 million orphans in the world.

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

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

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

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

AND THAT JUST FOR OPENERS. 

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

Over 100 million people live in slums.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 Were economically and morally bankrupt.

THIS IS THE WORLD WE LIVE IN.

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

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THE BEADY EYE SAY’S: WE NEED A NEW WAY TO REFLECT DEMOCRACY, WHICH IS GREATLY LAGGING BEHIND DEMOGRAPHIC, CULTURAL AND ECONOMIC SHIFTS.

10 Sunday Nov 2019

Posted by in Democracy.

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( A Fifteen-minute read)

 

If we are to discuss the best model for democracy we should first look at the British system as it is the longest established.

Questions arise however when you consider its relevance to the modern world.

The Houses of Parliament have long been known as ‘the mother of parliaments’ and historically form the basis for democratic government across the world. Much of the British system, however, is seen as outdated.

The UK is said to have a democracy with power resting with the people but granted to their elected representatives but this only applies to the House of Commons. The other parts of the Constitution – the Crown and the House of Lords – are hereditary and appointed.

It’s not surprising that a system so outdated, and so stilted by generations of gerrymandering and ever-increasing campaign spending, results in public policies that do little to address the fundamental interests of most citizens.

Anyone can see when looking at the referendum (that voted by a small majority to leave the European Union) that direct democracy was stimulated by stagnant wages, rising inequality and unaccountable elites benefiting from repeated government bailouts all functions of a larger and more systemic problem.

However, the current crop of populist leaders and parties may be the forerunner to even more worrying politics — but they could also be the spark for a much-needed overhaul of the basic architecture of democratic government.

So let’s ask the question why and should we be worried about democracy?

Do we need a reset button not just in the Uk but throughout the whole of the democratic world?

The turn to populism, the call for nonsensical direct democracy and the recourse to binary choices – whether in the form of referenda or general elections  – all come from the failure of party politics, which is nurtured everywhere by unrepresentative parliamentary democracy.

Representation democracy requires a filtering process and preselection of candidates by parties performed this role in today’s Elections which are geographically based for obvious practical reasons.

But people are no longer bound to – and are less inclined to – identify geographically within the borders of a nation-state.

Our institutions of democracy and government are simply not designed to deal with unfettered financial capital flows across national borders and the tolerance, if not active encouragement, of the free mass movement and migration of people.

With technology such as electronic voting the individual you want to see elected might be based in the next county or the other end of the country, and then you cannot (now) vote for them. Or your vote goes wasted because of the make-up of the constituency you are resident in.

It is now perfectly feasible, in principle, for everyone to vote for an individual they believe in, rather than for the least bad candidate, and for no vote ever to go wasted.

This is possible without recourse not just to political parties, but though citizens group-think tanks that could retain a subsidiary role to analyze what is being presented and remove social media that is clogging up the political processes with falshoods.

Let there be separate assemblies for the several grand areas of political concern. For example, a citizens assembly to address ethical concerns.  A pressure group uniting people of religion and of no-religion in dialogue.

It could handle the beginning and the end of life; the wisdom or otherwise of tolerating drug abuse; the way we treat animals; which limits we may want to place on religious freedoms and parental rights, climate change

Using secure electronic voting one selects one’s choice candidate from the many thousands standing via a search function at the polling station.

Forget party lists.

Forget proportional representation (which serves party hacks rather than strong-minded individuals).

Forget alternative votes and second rounds.

For the election, a candidate needs a predetermined number of votes.

Those falling far short of the threshold hold a political power of attorney from their supporters to transfer their contingent to a like-minded candidate closer to the threshold.

What is surprising is that the people whose interests have been so clearly neglected for so long feel they have no choice but to back candidates who are so clearly flawed or conflicted.

What is needed in our democracies is a call to manage financial and people flows in ways that do not exceed our social political and economic systems capability to evolve on an even keel.

A call to not incentivise the separation of finance from real economies, or the short term hot trade, or governments and criminal gangs who profit from people trafficking.

A call to do away with just a lip service democracy.

A call to admit from the start our fallibility as human beings, which leads us to accept that a discussion can not reach a consensus, and we should use the vote as a force.

A call to use technology not just to enrich the rich but to enhance all our lives. We cant have both.

A call to get rid of the hypocrisy of the imbalance at the centre of our political systems which those who are empowered by the current system will not change.

The only thing that can change our political system is pressure from the outside.

We are all now living in a technological digital driven world

Nowadays, democracy is unfortunately seen as inevitable; in other words, it is the political system no one dares to question and even less making it publicly.

Democracy. (noun)

1. Rule by the people, especially as a form of government; either directly or through elected representatives (representative democracy).

2. A government under the direct or representative rule of the people of its jurisdiction.

3. Belief in political freedom and equality; the “spirit of democracy”.

The term democracy comes from the Greek language and means “rule by the (simple) people”.

The essential elements of democracy: separation of powers, basic civil rights / human rights, religious liberty and separation of church and state.

Brexiters tell us that the EU is run by faceless bureaucrats.

But the truth is that all EU laws can only be passed by the democratically elected European Parliament, in concert with the Council of Ministers, that comprise the ministers of democratically elected governments of EU member states.

In the age of the internet and biometrics that we could and should be able to vote directly on policies which shape are lives.

The representative system is antiquated.

The internet can be used to inform the all citizens of the issues, and collect all the votes.

Rebuilding the political system cannot be left to politicians – the public need to have a role .In a political environment where we’re told our only role is to vote every few years, directly engaging the public in redesigning our democracy is a radical step that must be taken before democracy disappears into an algorithm. 

Twitter is alive with political chat.

We can’t afford to take a chance on an undemocratic system that has failed us so greatly and so often.

https://youtu.be/OHxRj9JWQMs

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

05 Tuesday Nov 2019

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

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( A twenty-minute read)

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

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

But there is one thing that is certain.

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

But what’s really happening in the global economy?

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

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

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

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

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

                                                     —-

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

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

ownership that is now the driver of inequality.

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

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

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

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

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

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

Why?

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

But don’t panic.

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

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

Which panic button to press?

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

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

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

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

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

and these are not Sovereign Wealth Funds.

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

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

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

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

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

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

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

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

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

They were once the mainstays of the global investment landscape.

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

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

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

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

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(Twenty-minute read)

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

Both is the answer.

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

A more honest, humane approach is the answer.

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

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

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

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

Technology cannot solve the problem of economic disparity.

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

Totally false.

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

We are building:  A DIGITAL POOR HOUSE.

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

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

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

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

This should apply to all technology – nanotechnology, biotech.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Why?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Its a ‘mean’ not the ultimate solution.

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

artificial intelligence concept Stock Photo - 90948450

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

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(Twenty-minute read) 

In politics, nothing happens by accident.

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

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

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

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

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

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

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

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

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

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

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

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

Why?

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

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

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

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

How can this be done?

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

To have authentic democracy!

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

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

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

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

Politics has never been popular and never will be:

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

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

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

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

Greed.

Is technology taking control of our lives or our destiny?

Yes.  We’ve ditched reality.

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

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

imbibe emptiness.

Communication and leadership are key elements in elections these days

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

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

20 Friday Sep 2019

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

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( Fifteen-minute read) 

WHY?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Because they will take our choices away.

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

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

Because they will soon be introducing their own cyber currencies.

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

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

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

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

How do they do it?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Why? 

Because there is one indisputable fact.

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

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

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

 

 

 

 

 

 

 

 

 

 

 

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