Sunday, January 27, 2019

1984 Towards 2024

BRINGING NEW MEANING TO THE LEFTY EPITHET, “VAMPIRE CAPITALISM:” Blood from the young now on sale for the old in San Francisco.

Who is more dangerous: El Chapo or Carlos Slim?
Well, the latter happens to keep an infinitely more powerful PR operation in his back pocket.

Love among psychopaths

“A clueless lot of scruffs, potentially quite dangerous.” Were Hobsbawm, E.P. Thompson, and like-minded historians really Stalinists, as MI5 feared? MEdia Imrich Punj - 555m2
Modern conservatism was shaped bydefectors from left to right: Chambers, Burnham, Kristol. Why the shortage in the other direction? 

World Economic Forum: “The cost of reskilling the 1.4 million US workers likely to lose their jobs as a result of the Fourth Industrial Revolution and other structural changes over the next decade will largely fall on the government, with the private sector only able to profitably absorb reskilling for 25% of at-risk workers. This is the finding of a World Economic Forum report published today. The report, “Towards a Reskilling Revolution: Industry-Led Action for the Future of Work”, finds that it will be possible to transition 95% of at-risk workers into positions that have similar skills and higher wages. The cost of this reskilling operation would be approximately $34 billion. However, the report also finds that, of the 1.4 million workers at risk, the private-sector could only profitably reskill 25%, or about 350, 000 workers. For the rest, at current rates of reskilling time and costs and foregone productivity, it would be more cost-effective for businesses to replace them with workers with the correct skill-set…”

MIT Technology Review – Using historical data to train risk assessment tools could mean that machines are copying the mistakes of the past. “AI might not seem to have a huge personal impact if your most frequent brush with machine-learning algorithms is through Facebook’s news feed or Google’s search rankings. But at the Data for Black Lives conference last weekend, technologists, legal experts, and community activists snapped things into perspective with a discussion of America’s criminal justice system. There, an algorithm can determine the trajectory of your life. The US imprisons more people than any other country in the world. At the end of 2016, nearly 2.2 million adults were being held in prisons or jails, and an additional 4.5 million were in other correctional facilities. Put another way, 1 in 38 adult Americans was under some form of correctional supervision. The nightmarishness of this situation is one of the few issues that unite politicians on both sides of the aisle. Under immense pressure to reduce prison numbers without risking a rise in crime, courtrooms across the US have turned to automated tools in attempts to shuffle defendants through the legal system as efficiently and safely as possible. This is where the AI part of our story begins.

INFORMATION WARFARE: 1984 becomes real in 2024. I’d say sooner, but the post is analyzing China’s Social Credit Rating system “in which all the accumulated data on an individual can be analyzed to determine which patterns of behavior lead to criminal or anti-government behavior.” Read the whole thing.