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Tag Archives: Technology

THE BEADY EYE SAY’S: WE CAN NO LONGER BE CERTAIN ABOUT ANYTHING.

06 Thursday Feb 2020

Posted by bobdillon33@gmail.com in 2020: The year we need to change., Algorithms., Artificial Intelligence., Digital age., Fourth Industrial Revolution., Human values., Life., Technology, The essence of our humanity., The Obvious., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

≈ Comments Off on THE BEADY EYE SAY’S: WE CAN NO LONGER BE CERTAIN ABOUT ANYTHING.

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Algorithms trade., Algorithms., Artificial Intelligence., Big Data, Technology, The Future of Mankind

 

 Twenty four-minute read.   

We have no idea how the world will look in twenty years never mind fifty when most of this generation will be in their seventies but it is now becoming clear beyond any doubt that AI and its algorithms are drastically changing the world we live in both for the good and bad.

There is one thing for certain artificial intelligence will have and is having a more profound effect than electricity or fire. 

It will not just hack our lives our brains, it will hack or very existence.

It might well warn us about climate change, the coronavirus but it will as it is manipulate our needs and wants and beliefs. It will effectively be controlling people for both commercial and political purposes. 

Given the force of this technology to have any control left we need meaningful regulations, if not we might as well just surrender to the algorithm, which is becoming so complex that no one will understand them.

The reality is that most of us are giving rivers of free information to Big data to an extent that we will soon be unable to think for ourselves.

If we don’t get a grip by the time you reach the seventies your futures and the future of the next generations will be decided at random by nonelected platforms.  

If this is so, the decision-making process for us all become a thing of the past.

The outlook for Ai is both grim and exciting. 

Already we see data collected affecting elections, with our ability to know what is fake and what is true at the mercy of Social Media run by algorithms.  

We all know their faces: Google, Microsoft, Amazon, Facebook, Apple, Baidu in China, Twitter, Alibaba, to name a few who are already transforming the basic structure of life.

Taken together they form a global oligopoly.

These unregulated platforms are competing for dominance all with a conflict of interests. Hence their algorithms.

The chances of self introducing regulations that will affect or stop their development is pie in the sky. 

Its time we stopped thinking about AI in kind of scientific terms.

Why?

Because algorithms are making critical decisions about our lives and the tech-driven approach to governance is growing. Because any particular scenario will be far from what we think is true today and we are running out of time to do anything about it.

If we are to call a spade a spade there is no or little understanding as to how to regulate these emerging technologies.  Even if there were governments and world institutions that could do so they are largely unequipped to create and enforce any meaningful regulation for the public benefit.

 The problem is how does one regulate an Algorithm that learns. 

You might happy ceding all authority to algorithms and their owners if so you don’t have to do anything they will take care of everything.

If not algorithms are watching you right now to ensure that you do not read this post and if you do read this post they will use one of the most powerful tools in their arsenal of big data – split and divide – False News and repetition thereof for example. 

It won’t happen overnight since development cycles often take years but our collective past will become a less reliable guide and we will have to adapt to the unknown. 

Unfortunately teaching the unknown without mental balance is a disaster in waiting. 

It might be easy now to laugh at this but unless we make our voices heard instead of like clicks it will not be climate change that changes us but race bias that is already programmed into Tec world.

We’re starting to see money examples where these algorithms are prone to the kinds of biases and limitations that we see in human decision making and increasingly we are moving towards algorithms that are learning more and more from data.

 I say, learning from this data almost institutionalizes the biases.

Why?

Because they are trying to personalize the media they curate for us. They’re trying to find for us more and more of the kinds of content that we already consume.  

So what if anything can be done?

Even if we do eventually introduce regulations they will have little effect unless we find a way of sharing the benefits of AI.

The problem is that our institutions, our education models are not able to keep up with the developments in Artificial Intelligence. We are becoming more and more detached from and in decision making, contributing, and rewards.

So our governments are leaving it to the market, to the big Tec companies themselves.

If you are expecting some kind of warning when AI finally get smarter than us then think again.

I say our algorithms are hanging out with the wrong data, profit for profit sake. 

In reality, our electronic overlords are just getting started with the smartphone, the I.Pads, Alex etc taking control.  We have to think about other measures, like is there a social contribution, and what is the impact of this algorithm on society?

This requires transparency.

But how do you create transparency in a world that is getting so complex?

Here is my solution.

Pharmaceuticals are considered as the most highly regulated industries worldwide and every country has its own regulatory authority when it comes to the drug development process.

(World Health Organization (WHO), Pan American Health Organization (PAHO), World Trade Organization (WTO), International Conference on Harmonization (ICH), World Intellectual Property Organization (WIPO) are some of the international regulatory agencies and organizations which play essential role in all aspects of pharmaceutical regulations related to drug product registration, manufacturing, distribution, price control, marketing, research and development, and intellectual property protection.)

Why not put in place a new World Governing Body to test and control Al algorithms. To act as a guardian of our Basic Human Values.

If this is not done it will remain impossible to truly cooperate with an AI or a corporation until such entities have values in the same sense that we do.

So:

All Companies already using algorithms should be legally required to submit the software programs running their algorithms for audit, by an independent team to ensure that our human values are complied with.

This audit could be done by a United Nation’s programme that is agreed to world wide.

The audit process (Because algorithms are constantly evolving as they gather more data.) has to be somewhat continuous like every ten years similar to Control technique. We might also need an algorithm to monitor the auditing algorithm to ensure it is not contaminated while it goes through its refresh-cycle of the Algorithm it is auditing. 

Then they must be made transparent with a certification of acceptable behaviour.   

Transparency for end users actually is very basic.

It’s not like an end-user wants to know the inner details of every algorithm we use.

But we would actually benefit knowing what’s going on at the high level.

For example, what kinds of data are being used by the algorithms to make decisions?

Recommend transparency measures.

Keeping in mind that these algorithms are being deployed and used by humans, and for humans, anyone impacted by decisions made by algorithms should have the right to a description of the data used to train them, and details as to how that data was collected.

The public, have little understanding or access to information about how governments are using data, much of it collected quietly, to feed the algorithms that make decisions about everyday life. And, in an uncomfortable twist, the government agencies themselves often do not fully understand how algorithms influence their decisions.

Having more and more data alone will not solve the problems, gender bias, race bias.

Perhaps the notion of control may only be an illusion.

It won’t be long before they are latching on to life forms.  For example, there’s a type of machine learning algorithm known as neuro labs, and these are modelled on the human brain. What’s happening in these algorithms is they’ve taken lots of data, and they learn how to make decisions like humans have made.

I think this field hasn’t yet emerged.

Humans aren’t changing that much. But the algorithms, the way they’re created, the technological side of it, continues to change, continues to evolve. And trying to keep those things in sync seems to be the greatest challenge.

In a world where algorithms are deciding who gets what, how machine decisions are made, and how the two, can work together.

Because we are going to use these systems so much that we have to understand them at a deeper level, and we can’t be passive about it anymore because the consequences are very significant, whether we’re talking about a democracy or you know, I’m curating news stories for citizens, or we talking about use by doctors in medicine, or used in the courtroom, and so on.

It is going to be extremely important as we roll out algorithms in more and more important settings going forward we start understanding what drives trust in these machines. Understanding what are some socially important outcomes of interest, so that we order these algorithms against these socially important outcomes, like fairness and so on.

Given everything we know about the world and indeed the universe as a whole does anyone seriously believe that nationalism and popularism will help us with this technological problem. 

Let’s talk about what data are collected about us.

It is far too late to be talking about privacy that is what gets abused.

Let’s fight against everything that we can control that limits our freedom. Whether it’s an algorithm, hungry judge or greedy state backed the wrong econometric model…

We need to rethink how we do education, we have to rethink how we do regulation, and firms also need to stand up and do a better job of auditing and taking responsibility as well.

Of course, none of this will happen.

Humans are more likely to be divided between those who favour giving Algorithms and Ai significant authority to make decisions and those opposed to it with both justifying whichever position while Algorithmic logic drives greed and inequality to a point where we will lose control of transparency completely.

To stay relevant as Yuval Noha Harari says in his Book 21 Lessons for the 21st Century “we will need to be asking the questions -how am I where am I.”

There testing rarely go beyond technical measures which are causing society to become more polarized making it more unlikely that we can appreciate other viewpoints.

Just knowing that an algorithm made the decision would be a good place to start.

Was an algorithm used?

If so who does it belong to?

What kinds of data did the algorithm used?

Today, algorithms and artificial intelligence are creating a much more frightening world. High-frequency trading algorithms already rule the stock exchanges of the world.

Personally, I would neither overestimate nor underestimate the role and threat of algorithms. Behind every smart web service is some smarter web code.

So we need to make sure their design is not only informed by knowledge of the human users, but the knowledge of their design is also suitably conveyed to human users so we don’t eliminate the human from the loop completely.

If not they will become a black box, even to the engineer.

All our lives are constrained by limited space and time, limits that give rise to a particular set of problems that are being exploited by profit-seeking algorithms. 

There’s so much data out there to be analyzed. And right now it’s just sitting there not doing anything. So maybe we can come up with a solution that will at least get us started on it.

It is a fascinating topic because there are so many variables involved.

All human comments appreciated. All like clicks and abuse 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 bobdillon33@gmail.com 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.

≈ Comments Off on THE BEADY EYE ASK’S: WHY IS IT THAT WE ARE ALLOWING ALGORITHMS TO RUN OUR LIVES.

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

(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.

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

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THE BEADY EYE ASK’S: IS THE ACCELERATING TECHNOLOGY AND THE ONGOING REVOLUTION IN INFORMATION MAKING THE WORLD SO COMPLICATED IT IS NOW BEYOND OUR UNDERSTANDING.

11 Saturday Jan 2020

Posted by bobdillon33@gmail.com in Algorithms., Artificial Intelligence.

≈ Comments Off on THE BEADY EYE ASK’S: IS THE ACCELERATING TECHNOLOGY AND THE ONGOING REVOLUTION IN INFORMATION MAKING THE WORLD SO COMPLICATED IT IS NOW BEYOND OUR UNDERSTANDING.

Tags

Algorithms trade., Algorithms., Artificial Intelligence., Big Data, Community cohesion, Distribution of wealth, Earth, Technology, The Future of Mankind, Visions of the future.

 

 

The plain truth can often be so obvious as to be invisible.

There are so many obstacles to change on the scale we so desperately need.

We are fast reaching a point that no humans can or will be able to understand the world we live in.

We pass this way just once.

Artificial algorithms are taking over.

Yuval Noah Harari in his latest book ( 21 lessons for the 21st Century) puts his finger on the problem.

” In the coming century biotech and infotech will give us the power to manipulate the world inside us and reshape ourselves, but because we don’t understand our own minds, the changes we will make might upset our mental system to such an extent that it too might brake down.

Surely its time we stop being the free fodder that feds big data. It’s much harder to struggle against irrelevance than against exploitation.

What will be the point to education if algorithms make us redundant?

It is difficult to discern world-wise whether there is any sincere conversation on AI Ethics.

Is it being addressed by any of the big tech companies or are they just giving token nods to what is right or wrong, while taking advantage of all human beings out there?

Are there just pushback from the outside organisations.

What we are witnessing is their profit growth with economic disparity worldwide increases at a starting rate. This certainly rings true if one looks at the state of the world with people judged by their wealth.

So what is the ethics of creating a sentient life form on a planet that is burning?

Perhaps it will be for the best if we continue not to understand the planet we all live on and leave it to AI to sort us out.

Or can we now start contributing to better governance solutions?

If we don’t grasp the nettle soon there will be no coming back.

To have any relevance now and in the future, we need billions to take to the streets to demand the sustainability of our planet (Human vote with their feet, not Social media) before profit-making goes underground.

When it comes to making the world a better place, corporations are often accused of apathy (the flip-side of blind self-interest). But if consumers are truly committed to social change, they must answer the same challenge.

If we can get consumers to make mindful shopping choices, to support brands that act responsibly and to purchase goods from those that dedicate a portion of the sale proceeds to causes, we are well on our way to re-purposing everyday purchases.

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

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

02 Thursday Jan 2020

Posted by bobdillon33@gmail.com in #whatif.com, 2020: The year we need to change., Climate Change., Evolution, HUMAN INTELLIGENCE, Humanity., Life., Modern day life., Our Common Values., Politics., Populism., Post - truth politics., Purchasing Power., Reality., Social Media, Sustaniability, Technology, The common good., The essence of our humanity., The Future, The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What needs to change in European Union., What Needs to change in the World, Where's the Global Outrage., World Aid., World Leaders, World Organisations.

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

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

 

(Fifteen-minute read) 

 

It looks like being both.

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

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

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

Take personal responsibility.

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

Why?

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

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

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

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

How can any of this be achieved? 

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

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

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

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

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

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

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

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

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

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

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

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

We need to be supporting eco-friendly products.

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

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

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

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

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

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

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

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

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

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

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

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

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THE BEADY EYE SAY’S; WE CANNOT TRUST TECHNOLOGY TO COME TO THE RESCUE.

10 Tuesday Dec 2019

Posted by bobdillon33@gmail.com in Climate Change.

≈ Comments Off on THE BEADY EYE SAY’S; WE CANNOT TRUST TECHNOLOGY TO COME TO THE RESCUE.

Tags

Capitalism vs. the Climate., Climate change, Earth, Environment, Extinction, Technology, The Future of Mankind, World aid commission

 

( A Crucial twenty-minute read)

Climate change is accelerating and we know that it is the world’s greatest collective action problem.

The global climate is probably the most complex of all complex systems to which humans belong.

It’s more than a quarter of a century since the leaders of the world, gathered in Rio de Janeiro in 1992, committed their countries to avoiding “dangerous anthropogenic interference in the climate system” by signing the UN convention on climate change.

Climate protesters prior to the COP23 talks in Bonn, Germany

We know we have to tackle climate change –as do the politicians.

We know that it’s rational for an individual country not to drastically reduce greenhouse gases, given most economies are heavily based on energy resources that emit them.

Yet, if all nations act that way — indeed, that’s what’s happening — most countries will eventually be worse off due to the cumulative impacts of all our emissions.

Put another way, what’s better for each individual country in isolation is actually worse for the planet as a whole. Conversely, what is worse for each individual country, overtime would be better for the planet.

Unlike other policies, climate change is cumulative.

We know that climate summits highlight the science, but achieve little or nothing-

The First World Climate Conference was held on 12–23 February 1979 in Geneva as was the second the third.

Here is the list

Contents

1995:  Berlin, Germany

1996:  Geneva, Switzerland

1997: Kyoto, Japan

1998: Buenos Aires, Argentina

1999: Bonn, Germany

2000: The Hague, Netherlands

2001: Bonn, Germany

2001: Marrakech, Morocco

2002: New Delhi, India

2003: Milan, Italy

2004: Buenos Aires, Argentina

2005: Montreal, Canada

2006: Nairobi, Kenya

2007: Bali, Indonesia

2008: Poznań, Poland

2009: Copenhagen, Denmark

2010: Cancún, Mexico

2011: Durban, South Africa

2012: Doha, Qatar

2013: Warsaw, Poland

2014: Lima, Peru

2015: Paris, France

2016: Marrakech, Morocco

2017:  Bonn, Germany

2018: Katowice, Poland

2019: Bonn, Germany

2019: Madrid, Spain

A lot of talking while the ice melts, our lands burn, and our oceans rise and our Co2 emissions are traded on an Ecosystem Marketplace’s – Carbon offsetting- Cardon Cap and trade systems.

The longer we wait to address it, the bigger the problem it becomes and the harder it gets to solve, fueling a feedback loop that makes solutions ever more difficult.

Imagine getting taxed before you put that money into your fund and then not living long enough to reap the payoffs of your fund.

That’s happening with climate change, on a global scale.

However, we must realize that climate is a much broader, systemic problem that can not be tackled solely by making how important our everyday choices are.

We know that behind the energy and climate change hypocrisy is in all of us.

You’re a hypocrite for advocating on climate change while using fossil fuels.

Such arguments are shallow because virtually everyone depends on these fuels somehow.

Trying to make people feel guilty for their carbon-intensive activities doesn’t actually get them to change their behaviour.

Nobody wants to change unless they really, really have to.

We know that transforming endemic corporate behaviours that are devastating the planet requires whole industries to move together, and fast.

We need bold, industry-wide coalitions for change.

We need to bring industry leaders together to agree on reforms to the parts of the business that are irrelevant to customers but of grave importance for our environment.

However business cannot tackle climate change on its own and we don’t have time to wait for individual companies to each go on their own sustainability journeys.

We know that enacting policies today to cut greenhouse gas emissions won’t have a discernible impact on global warming for decades, if not centuries.

We know that investors are in effect expecting returns on assets in companies that eventually must be written off for the planet to be safe.

The private sector can either destroy the planet or replenish it.

We know what needs to be done.

This means that sustainable savings are the number one solution to climate change and the effects are larger than rooftop solar, solar farms, afforestation and electric vehicles combined.

To do this is laying down a clear challenge.

But unfortunately, not all carbon footprints are created equally.

This makes it a tough sell and begs the question to what degree people are willingly taking concrete steps to lower their lifestyle’s impact on climate change, or why people are not.

The why not, is because for most people it’s still intangible and not well understood even considered a Hoax because of Fake news’ or ‘inconvenient truth that there is no problem and hope that it disappears by itself.

The willingness is rhetoric like flight shaming which is near the top of the list of hypocrisy charges.

No press release can obscure the fact that time is not on our side.

We need to cap our carbon emissions now not in ten years.

Increasingly missing from this picture above is the support of governments that operate on 2- to 6-year election cycles.

Technology is bringing down the price of switching to green alternatives, not least renewable energy. So what is stopping governments from making these technologies available with affordable Green Grants to one and all Now?

With most countries more engrossed by their internal domestic political squabbles the reasons are political or financial, not scientific.

The science isn’t that difficult to explain but instead of explanations we are presented with statements of facts with an only simple explanation and no real substance, CO2 is like a blanket.

A Chinese man wears a mask to guard against air pollution in Beijing. Much of Eastern and Central China is regularly blanketed by a thick smog caused by coal power plants and industrial production, both of which fuel global warming and climate change, direct results of consumer culture.

Yet there is a troubling gap between the serious reality depicted by climate change science and the level of concern among all of us.

Worry and action are two different things.

Climate change is a direct consequence of the widespread, now globalized, mass production and consumption of goods, and of the material construction of our habitat that has accompanied it. Yet, despite this reality, production and construction continue unabated.

If we believed that a systemic response to climate change was an equally shared responsibility, was our responsibility, we would be responding to it.

Until we do that, we’re all climate change deniers.

( See Post – suggestion a World Aid commission of 0.05% )

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THE BEADY EYE ASK’S: WILL ARTIFICIAL INTELLIGENCE SEE THE END OF DETERMINING MEANING.

23 Saturday Nov 2019

Posted by bobdillon33@gmail.com in Algorithms.

≈ Comments Off on THE BEADY EYE ASK’S: WILL ARTIFICIAL INTELLIGENCE SEE THE END OF DETERMINING MEANING.

Tags

Algorithms trade., Algorithms., Artificial Intelligence., Technology, The Future of Mankind, Visions of the future.

 

(Five-minute read)

We all know that new data-driven technology is transforming our society.

Our digital society is creating new and profound challenges and carry significant ethical risks to us all.

To be human means that you are persuadable in every single moment.

If you need any evidence of this you don’t have to look any further than the current impeachment hearing in the USA and England with its general election.

The troubling influence algorithms have on how we make decisions are now treating the foundations of our Societies.

Algorithms are now usually a component in a broader decision- making process involving human decision-makers. Far from being neutral and all-knowing decision tools, complex algorithms are shaped by humans, who are, for all intents and purposes, imperfect.

Determining the meaning of sensory input is one of the most constantly ongoing, and important, functions of any brain. By refining our awareness, we transform existence into beauty, thinking into philosophy.How Artificial Intelligence Will Revolutionize Our Lives

Our increasing reliance on artificial intelligence is destroying the meaning of life.

Few of us understand them or the implications they are having or will have. .

They are taking the creativity away from the decision-making process for instance.

They could turn us humans into mush-minded creatures who can’t be bothered to make our own choices.

What if the new algorithm rated my friend and another woman as a 90% match, would that mean he would simply trust the algorithm and go straight for a proposal of marriage?

Important parts of our lives are being run by AI without sufficient scrutiny.

Self-learning systems are not autonomous systems however they could lead to a Master Algorithm that could match Einstein’s theory of relativity in its world-transformative power.

Algorithms are changing our relationship with each other, with doctors, police, politics, work, health care.

They are at work where ever you look. When you do a web search, machine learning chooses the results you get. Interactive processing allowing the software to learn automatically from patterns. Algorithms are not only being used just to make a profit but life-changing decisions, from your Credit rating, how your will and who you will vote for.

With machine learning, you are programming a computer to learn by itself.

Amazon uses them to recommend products; Netflix uses them to recommend movies; Facebook and Twitter use them to choose which posts to show you.

Pretty much everything that happens online involves machine learning.

So are we putting to much trust in smart systems that learn from data?

The systems are only as good as the data it learns from.

Their goal is to provide software that can reason on input and explain on output by becoming classifiers and predictors.

Alexa – Google is an example. Like most machine-learning algorithms, Google not only analyses our behaviour: it shapes it. This goes round and round until one viewpoint dominates people’s thinking. It will control the information its algorithm pays attention to and the secretive nature of algorithms means people cannot scrutinise the decisions they make.

Since much of the data that is feed into AI’s is imperfect and bias the decision processes built on top of the Ai’s need to be made open to scrutiny.

Why?

Because Algorithms learn differently than us. They look at things differently.

It might enhance the speed, precision and effectiveness of human efforts but in the long run, it will replace our decision making.

They are also moving into areas where the benefits to those applying them may not be matched by the benefits to those subject to their ‘decisions’— We have to demand to know what kind of influence these algorithms have over us.

Google is an algorithm that we are all familiar with, but it is far from being the only algorithmic decision-making tool to influencing our daily lives.

What can be done to combat their growing influence?

Governments should play their part in the algorithms revolution in two ways

Governments should produce, publish, and maintain a list of where algorithms with significant impacts are being used.

The index to the internet should be a public instrument, owned and controlled by the public. It should be a public utility. It should be an index, pure and simple – not a tracking device or a mechanism of manipulation, put the control of algorithms back into the hands of the people that are affected by them.

Government oversight of such algorithms, where they are used by the
public sector, and to co-ordinate departments’ approaches to the development and
deployment of algorithms and partnerships with the private sector.

Governments should offer significant rewards for societies that can find the right combination of market-driven innovation and regulation to maximise the benefits of data-driven technology and minimise the harms.

We must subsequently make decisions that require value judgements and trade-offs between competing values.

New functions and actors, such as third party auditors, may also be required to independently verify claims made by organisations about how their algorithms operate.

Many of the most consequential algorithms currently being used in the public and private domains are complex and opaque, making it hard to attribute accountability to their actions.

Humans are often trusted to make these trade-offs without having to explicitly state how much weight they have put on different considerations. Algorithms are different. They are programmed to make trade-offs according to unambiguous rules.

The ethical questions in relation to bias in algorithmic decision-making vary depending on the context.

For example, High-frequency trading is an algorithm-fueled method of buying and selling stocks – among other things.

The fact that while the problematic implications of many algorithms have been exposed, we may have only just begun to skim the surface.

Improving transparency, however, is no easy task.

Companies with algorithmic products would lose their competitive edge if they were forced to make their algorithms public.

Transparency is not enough. In fact, because algorithms are quite complicated.

This is a simple matter.

What is required is a means of certification as to whether an algorithm is safe or fair to use.

Who knows, an algorithmic slider could, one day, form part of our daily lexicon. But, in the meantime, algorithms need to be managed; ensuring those with the power to shape our lives do so with some code of conduct.

In the end, all technology revolutions are propelled not just by discovery, but also by business and societal need. We pursue these new possibilities not because we can, but because we must.

As I have already said  “To be human means that you are pursuable in every single moment”

This morning without any action on my part through the post I am in receipt of an Amazon prime video card.

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

14 Thursday Nov 2019

Posted by bobdillon33@gmail.com in 2019., Artificial Intelligence., Humanity., Modern day life., Our Common Values., Reality., Sustaniability, Technology, The common good., The essence of our humanity., The Future, The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World

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

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Capitalism and Greed, Climate change, Distribution of wealth, Inequility, Technology, The Future of Mankind, Visions of the future., World aid commission

 

(Twenty-minute read) 

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

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

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

There are nearly 210 million orphans in the world.

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

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

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

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

AND THAT JUST FOR OPENERS. 

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

Over 100 million people live in slums.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 Were economically and morally bankrupt.

THIS IS THE WORLD WE LIVE IN.

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

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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 bobdillon33@gmail.com in Democracy.

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

Tags

Brexit v EU - Negotiations., Democracy, Inequility, Technology, The Future of Mankind, Visions of the future.

 

( 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 bobdillon33@gmail.com in 2019: The Year of Disconnection., Algorithms., Artificial Intelligence., Capitalism, Climate Change., Fourth Industrial Revolution., Inequality, Modern day life., Our Common Values., Politics., Reality., Sovereign wealth fund, Technology, The common good., The pursuit of profit., The state of the World., The world to day., Unanswered Questions., Wealth., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., WORLD POVERTY WHERE'S THE GLOBAL OUTRAGE

≈ Comments Off on THE BEADY EYE OBSERVES WHAT TECHNOLOGY IS DOING TO THE PURSUIT OF PROFIT.

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

 

( A twenty-minute read)

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

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

But there is one thing that is certain.

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

But what’s really happening in the global economy?

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

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

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

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

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

                                                     —-

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

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

ownership that is now the driver of inequality.

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

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

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

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

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

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

Why?

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

But don’t panic.

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

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

Which panic button to press?

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

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

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

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

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

and these are not Sovereign Wealth Funds.

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

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

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

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

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

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

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

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

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

They were once the mainstays of the global investment landscape.

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

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

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

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

03 Sunday Nov 2019

Posted by bobdillon33@gmail.com in Algorithms., Artificial Intelligence., Capitalism, Fourth Industrial Revolution., Humanity., Inequality, Modern day life., Our Common Values., Poverty, Reality., Technology, The common good., The Future, The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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

Tags

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

(Twenty-minute read)

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

Both is the answer.

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

A more honest, humane approach is the answer.

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

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

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

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

Technology cannot solve the problem of economic disparity.

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

Totally false.

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

We are building:  A DIGITAL POOR HOUSE.

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

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

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

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

This should apply to all technology – nanotechnology, biotech.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Why?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Its a ‘mean’ not the ultimate solution.

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

artificial intelligence concept Stock Photo - 90948450

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

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