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  • Commented on What can possibly go wrong?
    Charlie: Heads up! You've got until 2049 before some AI replaces you as a best-selling author. https://arxiv.org/abs/1705.08807 When Will AI Exceed Human Performance? Evidence from AI Experts 'Advances in artificial intelligence (AI) will transform modern life by reshaping transportation, health,...
  • Commented on What can possibly go wrong?
    Re: FCC - 'fake' net neutrality letters Hadn't read about this before and am wondering why the FCC decided that now would be a good time to reject form letters esp. as there's plenty of precedence for allowing form letters...
  • Commented on What can possibly go wrong?
    Re: Overpopulation leads to stress Not necessarily so: the most densely populated countries in Europe are also among the happiest as per World Happiness Report. Like the old joke - it's what you do with what you have that counts....
  • Commented on What can possibly go wrong?
    Since no one's mentioned this yet and it is related ... how about recent headlines re: 'Google to hire 10,000 humans to check YouTube'? http://money.cnn.com/2017/12/05/technology/google-youtube-hiring-reviewers-offensive-videos/index.html BTW, bets are that the only reason Google is doing this is due to an...
  • Commented on What can possibly go wrong?
    Re: Fake news I'm thinking that maybe the best way of determining reality is live-streaming everything from multiple unrelated sources. (Unless the new tech can edit in real-time from multiple sources at once ...?) No idea what this might mean...
  • Commented on What can possibly go wrong?
    Re: Kiddie porn (Polly and anime) Although no overt sexuality, there are so many visual and audio signals suggesting that the characters are (underage) youngsters, that such works are at least subliminal kiddie porn. Add in Polly's desire to please...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Dumb question time: Cryptocurrencies using blockchain. Okay, I get that the entire history of this new currency is supposedly captured for eternity and is growing longer and longer with each transaction. Fine - but just how readable is it? Can...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: 7 bank failures So, about 1% of US banks failed. Any idea what the $ share was? 'According to the FDIC, there were 6,799 FDIC-insured commercial banks in the United States as of February 11, 2014.' Was looking for...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: Central and big banks & BitCoin Chinese wall time for too-big-to-fail financials coming soon. Of course the CW will magically disappear as soon as these players run aground and need another bailout. On a serious note: Tried to look...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: ' ..global 'too big to fail' list' Would be good to know what the official and practical position is by these banks re: BitCoin because if any of them start trading in this, it automatically affects national banks which...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: ' ... less litigious society (than USA), ... because no win/no fee or contingency fees are almost unknown here,...' Agree for the most part. However, am also wondering whether unlike medicine where the local/state 'Medical College' caps the total...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: '... no reserve requirement in Canada,' Only as of 1995. http://www.thecanadianencyclopedia.ca/en/article/bank-of-canada/ 'Before 1995, the Bank required each chartered bank to maintain minimum cash reserves (computed as a percentage of its deposits) in the form of notes or deposits with...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: Reserves AKA money multipliers ... recall reading a few years back that the central bank in the US eased up on reserve requirements. Unfortunately can't find article showing pre and post sliding fraction values. Fiddling with the reserves is...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: Japan, shrinking demos (equals) shrinking economy, etc. Not entirely disagreeing or agreeing with your argument per se but do feel that what constitutes 'economic health' needs a closer look. Or, that may have been a good explanation historically, but...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: 'Greatest sin' Think that the ancient Greeks said that the worst sin was 'hubris' which basically means excess of any sort. Zoroastrians felt the greatest sin was ducking personal responsibility and/or deliberately avoiding 'wisdom' (learning about the world). As...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: Japan: Stagnation vs. right-sizing? Okay - so how does a shrinking economy look in comparison with over-populating the planet and decimating all planetary resources to support this population? Time for the always-grow-or-die belief to be re-examined if not challenged....
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: Venezuela & BitCoin Personally think this is a socioeconomic trap. The more people that get sucked into this, the harder it will be to get out. Very much like Afghanistan and poppies: combination of a ready grey-tinged global market...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Thanks, appreciate the info about alternatives! I'm leery of accessing papers via other channels. I'm hoping that at some point someone might write a review or thesis that will pull various authors pieces together on this topic....
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: Hyperinflation in Venezuela Interesting - and brings us back full-circle to Charlie's original post: https://www.cnbc.com/2017/08/24/bitcoin-mining-is-popular-in-venezuela-because-of-hyperinflation.html 'Cash is useless in Venezuela thanks to hyperinflation — so people are turning to bitcoin. - To survive Venezuela's hyperinflation, many have taken to...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: War 'reparations' (cont'd) http://content.time.com/time/world/article/0,8599,2023140,00.html Why Did World War I Just End? (Oct. 04, 2010) 'World War I ended over the weekend. Germany made its final reparations-related payment for the Great War on Oct. 3, nearly 92 years after the...
  • Commented on Unforeseen Consequences and that 1929 vibe
    As long as that economy never has to interact with any other economy they can print as much money as they like*; it's the consensual economy (reality) that's problematic. As per the url you posted '... demanded World War I...
  • Commented on Unforeseen Consequences and that 1929 vibe
    How Freudian of you: he couldn't think of any problem that couldn't be traced back to sex. Expand your horizons ......
  • Commented on Unforeseen Consequences and that 1929 vibe
    Haven't finished the article yet but got to the point where I needed to find out more about the author, i.e., felt he was ignoring some stuff. Anyways, intriguing abstract. Unfortunately, the article itself is pay-walled. http://journals.sagepub.com/doi/pdf/10.1177/0032329207312181 Abstract 'The effort...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Sorta agree but only because 'religion' is a subset of/alias for 'dogma' which I personally feel is the core issue....
  • Commented on Unforeseen Consequences and that 1929 vibe
    Agreed. Keep thinking this was started as a prank but because it made its earliest adopters rich, is now being run out of spite. Against whom - no idea. But it will hurt, causing a run-away effect on all sorts...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: Critique 'War Is Stupid' Thanks for posting this! Have only just started reading and looks quite interesting. Don't know whether this will be mentioned in the above article, but there is a way of quantifying events such as war...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: 'sanctions' Maybe sanctions against weapons supplies instead? Assuming that most weapons are manufactured in developed countries and that most such manufacturers submit revenue/tax data to their respective gov'ts, then tax them to offset any potential foreign aid their weapons...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: 'EU's deadly policies on refugees ...' Say what ...? Not the EU policy so much as individual countries increasingly wanting to pick and choose which EU Policy menu items they will or will not subscribe to. E.g., look at...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Re: BitCoin So when it's time to cash out, who exactly is going to have that type of 'real money' sitting around to hand over? And if I were a gov't, this could be a non-violent cost-effective way of deep-sixing...
  • Commented on Unforeseen Consequences and that 1929 vibe
    Thought this might interest action video gamers, game developers ... https://www.nature.com/articles/mp2017155 Abstract 'The hippocampus is critical to healthy cognition, yet results in the current study show that action video game players have reduced grey matter within the hippocampus. A subsequent...
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