nhaliday + consumerism   54

The Interest Rate is a Price, not a Prediction – spottedtoad
What I sensed was that while the laws of supply and demand governed everything on earth, the easy money was in demand—manufacturing it, manipulating it, sending it forth to multiply, etc. As a rule of thumb (and with some notable exceptions), the profit margins you could achieve selling a good or service were directly correlated to the total idiocy and/or moral bankruptcy of the demand you drummed up for it.
This was easier to grasp if you were in the business of peddling heroin, Internet stocks, or celebrity gossip; journalists, on the other hand, were at a conspicuous disadvantage when it came to understanding their role in this equation…That journalism’s ability to deliver that information—to fill that need—ultimately depended, to an unsettling degree, on the ability to create artificial demand for a lot of stuff that people didn’t actually need—luxury condos, ergonomically correct airplane seats, the latest celebrity-endorsed scent—was an afterthought at best, at least in the newsroom.

https://twitter.com/toad_spotted/status/730030473506885632
https://archive.is/SS3K9
https://archive.is/CDGr2
"part of a bigger, vague theory I have that pop growth leads to more risk taking, entrepreneurship, and innovation..."
ratty  unaffiliated  economics  time-preference  fertility  trends  consumerism  supply-demand  commentary  innovation  migration  wonkish  multi  twitter  social  econotariat  biophysical-econ  managerial-state  monetary-fiscal  capital  capitalism  nl-and-so-can-you  westminster  malaise  roots  stylized-facts  current-events  nationalism-globalism  redistribution  chart  nihil  life-history  pop-diff  welfare-state  zeitgeist  identity-politics  idk  media  local-global  politics  decentralized  government  usa  prediction  cycles  housing  china  asia  sinosphere  europe  EU  japan  debt  the-bones  vampire-squid  entrepreneurialism  uncertainty  outcome-risk 
january 2017 by nhaliday
China invents the digital totalitarian state | The Economist
PROGRAMMING CHINA: The Communist Party’s autonomic approach to managing state security: https://www.merics.org/sites/default/files/2017-12/171212_China_Monitor_44_Programming_China_EN__0.pdf
- The Chinese Communist Party (CCP) has developed a form of authoritarianism that cannot be measured through traditional political scales like reform versus retrenchment. This version of authoritarianism involves both “hard” and “soft” authoritarian methods that constantly act together.
...
- To describe the social management process, this paper introduces a new analytical framework called China’s “Autonomic Nervous System” (ANS). This approach explains China’s social management process through a complex systems engineering framework. This framework mirrors the CCP’s Leninist way of thinking.
- The framework describes four key parts of social management, visualized through ANS’s “self-configuring,” “self-healing,” “self-optimizing” and “self-protecting” objectives.

China's Social Credit System: An Evolving Practice of Control: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3175792

https://news.ycombinator.com/item?id=12771302
https://twitter.com/Aelkus/status/873584698655735808
http://infoproc.blogspot.com/2017/06/face-recognition-applied-at-scale-in.html
The Chinese government is not the only entity that has access to millions of faces + identifying information. So do Google, Facebook, Instagram, and anyone who has scraped information from similar social networks (e.g., US security services, hackers, etc.).

In light of such ML capabilities it seems clear that anti-ship ballistic missiles can easily target a carrier during the final maneuver phase of descent, using optical or infrared sensors (let alone radar).

https://www.wsj.com/articles/the-all-seeing-surveillance-state-feared-in-the-west-is-a-reality-in-china-1498493020
https://twitter.com/0xa59a2d/status/880098750009659392
https://archive.is/zHmmE
China goes all-in on technology the US is afraid to do right.
US won't learn its lesson in time for CRISPR or AI.

https://www.acast.com/theeconomistasks/theeconomistasks-howdoyouwintheairace-
Artificial intelligence is developing fast in China. But is it likely to enable the suppression of freedoms? One of China's most successful investors, Neil Shen, has a short answer to that question. Also, Chinese AI companies now have the potential to overtake their Western rivals -- we explain why. Anne McElvoy hosts with The Economist's AI expert, Tom Standage

the dude just stonewalls when asked at 7:50, completely zipped lips

http://www.indiatimes.com/technology/science-and-future/this-scary-chinese-surveillance-video-is-serious-cause-for-concern-but-just-not-why-you-think-330530.html
What you’re looking at above is the work of SenseTime, a Chinese computer vision startup. The software in question, called SenseVideo, is a visual scenario analytics system. Basically, it can analyse video footage to pinpoint whether moving objects are humans, cars, or other entities. It’s even sophisticated enough to detect gender, clothing, and the type of vehicle it’s looking at, all in real time.

https://streamable.com/iyi3z

Even China’s Backwater Cities Are Going Smart: http://www.sixthtone.com/news/1001452/even-chinas-backwater-cities-are-going-smart

https://twitter.com/ctbeiser/status/913054318869217282
https://archive.is/IiZiP
remember that tweet with the ML readout of Chinese surveilance cameras? Get ready for the future (via @triviumchina)

XI praised the organization and promised to help it beef up its operations (China
Daily):
- "China will 'help ... 100 developing countries build or upgrade communication systems and crime labs in the next five years'"
- "The Chinese government will establish an international law enforcement institute under the Ministry of Public Security which will train 20,000 police for developing nations in the coming five years"

The Chinese connection to the Zimbabwe 'coup': http://www.cnn.com/2017/11/17/africa/china-zimbabwe-mugabe-diplomacy/index.html

China to create national name-and-shame system for ‘deadbeat borrowers’: http://www.scmp.com/news/china/economy/article/2114768/china-create-national-name-and-shame-system-deadbeat-borrowers
Anyone who fails to repay a bank loan will be blacklisted and have their personal details made public

China Snares Innocent and Guilty Alike to Build World’s Biggest DNA Database: https://www.wsj.com/articles/china-snares-innocent-and-guilty-alike-to-build-worlds-biggest-dna-database-1514310353
Police gather blood and saliva samples from many who aren’t criminals, including those who forget ID cards, write critically of the state or are just in the wrong place

Many of the ways Chinese police are collecting samples are impermissible in the U.S. In China, DNA saliva swabs or blood samples are routinely gathered from people detained for violations such as forgetting to carry identity cards or writing blogs critical of the state, according to documents from a national police DNA conference in September and official forensic journals.

Others aren’t suspected of any crime. Police target certain groups considered a higher risk to social stability. These include migrant workers and, in one city, coal miners and home renters, the documents show.

...

In parts of the country, law enforcement has stored DNA profiles with a subject’s other biometric information, including fingerprints, portraits and voice prints, the heads of the DNA program wrote in the Chinese journal Forensic Science and Technology last year. One provincial police force has floated plans to link the data to a person’s information such as online shopping records and entertainment habits, according to a paper presented at the national police DNA conference. Such high-tech files would create more sophisticated versions of paper dossiers that police have long relied on to keep tabs on citizens.

Marrying DNA profiles with real-time surveillance tools, such as monitoring online activity and cameras hooked to facial-recognition software, would help China’s ruling Communist Party develop an all-encompassing “digital totalitarian state,” says Xiao Qiang, adjunct professor at the University of California at Berkeley’s School of Information.

...

A teenage boy studying in one of the county’s high schools recalled that a policeman came into his class after lunch one day this spring and passed out the collection boxes. Male students were told to clean their mouths, spit into the boxes and place them into envelopes on which they had written their names.

...

Chinese police sometimes try to draw connections between ethnic background or place of origin and propensity for crime. Police officers in northwestern China’s Ningxia region studied data on local prisoners and noticed that a large number came from three towns. They decided to collect genetic material from boys and men from every clan to bolster the local DNA database, police said at the law-enforcement DNA conference in September.

https://twitter.com/nils_gilman/status/945820396615483392
China is certainly in the lead in the arena of digital-biometric monitoring. Particularly “interesting” is the proposal to merge DNA info with online behavioral profiling.

https://twitter.com/mr_scientism/status/949730145195233280
https://archive.is/OCsxs

https://www.techinasia.com/china-citizen-scores-credit-system-orwellian
https://www.theglobeandmail.com/amp/news/world/chinese-blacklist-an-early-glimpse-of-sweeping-new-social-credit-control/article37493300/

https://twitter.com/mr_scientism/status/952263056662384640
https://archive.is/tGErH
This is the thing I find the most disenchanting about the current political spectrum. It's all reheated ideas that are a century old, at least. Everyone wants to run our iPhone society with power structures dating to the abacus.
--
Thank God for the forward-thinking Chinese Communist Party and its high-tech social credit system!

https://en.wikipedia.org/wiki/Social_Credit_System

INSIDE CHINA'S VAST NEW EXPERIMENT IN SOCIAL RANKING: https://www.wired.com/story/age-of-social-credit/
http://www.wired.co.uk/article/chinese-government-social-credit-score-privacy-invasion

http://foreignpolicy.com/2017/05/24/chinese-citizens-want-the-government-to-rank-them/
The government thinks "social credit" will fix the country's lack of trust — and the public agrees.

To be Chinese today is to live in a society of distrust, where every opportunity is a potential con and every act of generosity a risk of exploitation. When old people fall on the street, it’s common that no one offers to help them up, afraid that they might be accused of pushing them in the first place and sued. The problem has grown steadily since the start of the country’s economic boom in the 1980s. But only recently has the deficit of social trust started to threaten not just individual lives, but the country’s economy and system of politics as a whole. The less people trust each other, the more the social pact that the government has with its citizens — of social stability and harmony in exchange for a lack of political rights — disintegrates.

All of which explains why Chinese state media has recently started to acknowledge the phenomenon — and why the government has started searching for solutions. But rather than promoting the organic return of traditional morality to reduce the gulf of distrust, the Chinese government has preferred to invest its energy in technological fixes. It’s now rolling out systems of data-driven “social credit” that will purportedly address the problem by tracking “good” and “bad” behavior, with rewards and punishments meted out accordingly. In the West, plans of this sort have tended to spark fears about the reach of the surveillance state. Yet in China, it’s being welcomed by a public fed up of not knowing who to trust.

It’s unsurprising that a system that promises to place a check on unfiltered power has proven popular — although it’s… [more]
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january 2017 by nhaliday
The emptiness of life will save us from mass unemployment | pseudoerasmus
I don’t I have much to add to the debate about the dystopian robot future scenario envisioned by many people. But I do think the nightmare scenario is less mass unemployment than a kind of revamped neo-mediaevalism. I’m not predicting that, so much as saying that’s the worst-case scenario. {Edit 28/12/2016: This was written more than 2 years ago as a half-joke to mock trends in luxury consumption more than anything else.}
econotariat  pseudoE  economics  automation  futurism  speculation  marginal-rev  winner-take-all  inequality  troll  consumerism  broad-econ  coming-apart 
december 2016 by nhaliday
The Rise and Fall of the Bourgeois Era – spottedtoad
That is, the Bourgeois Era allowed and required men (and then women) to work within the market system to support their families, but a changing technology of production means we are more in need of consumers than producers now. The Bourgeois Era benefited from people who were in some ways “bred for capitalism,” by the combination of Malthusian circumstances and strong states that punished violence with violence and starved the children of those who couldn’t make a living with market labor. But the majority of the people on the planet did not go through that same, centuries-long process, which was only partially effective in the places it operated in any case.

Just in time, however, the “need” for bourgeois lives has dissipated.
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august 2016 by nhaliday
Apple Said to Plan First Pro Laptop Overhaul in Four Years - Bloomberg
The most significant addition to the new MacBook Pro is a secondary display above the keyboard that replaces the standard function key row. Instead of physical keys, a strip-like screen will present functions on an as-needed basis that fit the current task or application. The smaller display will use Organic Light-Emitting Diodes, a thinner, lighter and sharper screen technology, KGI Securities analyst Ming-Chi Kuo said earlier this year.

Apple’s goal with the dedicated function display is to simplify keyboard shortcuts traditionally used by experienced users. The panel will theoretically display media playback controls when iTunes is open, while it could display editing commands like cut and paste during word processing tasks, the people said. The display also allows Apple to add new buttons via software updates rather than through more expensive, slower hardware refreshes.
tech  apple  news  announcement  toys  consumerism  org:mag  org:biz 
august 2016 by nhaliday
Overcoming Bias : Two Types of People
foragers and farmers

http://unqualified-reservations.blogspot.com/2009/11/dire-problem-and-virtual-option.html
For me, the left-right spectrum is defined by the two forms of political power: influence and command, persuasion and compulsion. If A is exercising power over B, A's decisions determine B's actions. This is either because A has persuaded B to do what A wants, or because A has compelled B to do it. Either way, A is the big boss in charge. His testicles swell.

An organization is perfectly Left if it operates entirely on the principle of persuasion - that is, cooperation by consensus, without any hierarchy, interest or position. Of course, no nontrivial organization can operate entirely on this basis, so nontrivial organization can be perfectly leftist - let alone a sovereign state, which must defend itself by definition. Officerless armies have also been tried once or twice, generally without great success.

An organization is perfectly Right if it operates entirely on the principle of compulsion, without ambiguity, informality or conflicts of interest. My ideal state - the joint-stock republic, controlled equitably by its beneficiary shareholders, and secured by end-to-end cryptographic command - is perfectly Right, because its decision structure is entirely compulsory.
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august 2016 by nhaliday
Product Recommendations 2015 | Slate Star Codex
Not a product so much as a company. Nootropics Depot and Ceretropic are two online nootropics stores. They’re both owned by the same guy but have different branding: Nootropics Depot has nice gentle all-natural stuff, Ceretropic has new high-tech research chemicals.
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april 2016 by nhaliday

bundles : vaguevulgar

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