Harvey on Melting Pot: The Age of Final Days on Earth

BILLIONAIRE retailer Gerry Harvey has predicted Australia will become an “Asian country” with a population of 100 million in the next century, saying there is “not a chance in hell” immigration can be dialled back.

Earlier this month, outspoken entrepreneur Dick Smith launched a $1 million anti-immigration ad, calling for Australia’s net migration intake to be scaled back from its current level 210,000 people a year to its historical average of 70,000.

Mr Smith joined a growing number of commentators, economists and politicians blaming “unsustainable” record high immigration for declining living standards and skyrocketing house prices, with retailers such as Harvey Norman accused of pushing a “pro-growth” agenda.

Aleluja - NSW approves 44 hectares for more burial sites

North Korea fires missile over Japan for first time since 2009, escalating crisisSouth China Morning Post

Kim Jong Un’s theory of nuclear victory Australian Financial Review

South Korea’s show of force over missileThe Australian

Global Hackers helping Local Hackers aims boost infosec diversity

Hedge funds see a gold rush in data mining FT

The age of AI surveillance is here Quartz

Boffins bust AI with corrupted training dataThe Register

Showing the Algorithms Behind New York City Services NYT

Facebook Figured Out My Family Secrets, And It Won’t Tell Me How Gizmodo

Facebook’s Fight Against Fake News Hits Pages and Business Listings Fortune. “The company recently partnered with third-party groups like Snopes, the Associated Press, and ABC News to identify stories proven to be fake.” First, it’s amazing to me that Fortune can mention AP and ABC in the same breath with a tiny firm whose owners are at odds, and keep a straight face. More centrally, would Facebook have been able to detect that Judy Miller’s WMD stories were fake? And if so, what action, if any, would Facebook have taken? Finally, it should be amusing to see the arms race between Facebook’s algos and Macedonian teenagers (or the Silicon Valley companies that are the real problem). This entire projects reeks of bad faith. 

‘Economic censorship’: YouTube bans advertisers from Ron Paul videos RT

The great digital media culling of 2017 The Week

The Mayweather-McGregor Fight Shows It’s Impossible to Stop Social Media Streaming of Big Events Motherboard (Re Silc).

At Whole Foods, Amazon Takes Rare Lead in Cutting Prices WSJ. For 100 items? The average supermarket carries 39,500. And read the comments, if you can. They’re scathing.

Deficit Spending Should Be Counter-Cyclical (Not Pro-Cyclical) Barry Ritholtz (Re Silc).

Pensions May Yank Up to $1 Trillion From Stocks to Trim Risk Bloomberg