nhaliday + sv + being-right   2

Interview: Mostly Sealing Wax | West Hunter
https://soundcloud.com/user-519115521/greg-cochran-part-2
https://medium.com/@houstoneuler/annotating-part-2-of-the-greg-cochran-interview-with-james-miller-678ba33f74fc

- conformity and Google, defense and spying (China knows prob almost all our "secrets")
- in the past you could just find new things faster than people could reverse-engineer. part of the problem is that innovation is slowing down today (part of the reason for convergence by China/developing world).
- introgression from archaics of various kinds
- mutational load and IQ, wrath of khan neanderthal
- trade and antiquity (not that useful besides ideas tbh), Roman empire, disease, smallpox
- spices needed to be grown elsewhere, but besides that...
- analogy: caste system in India (why no Brahmin car repairmen?), slavery in Greco-Roman times, more water mills in medieval times (rivers better in north, but still could have done it), new elite not liking getting hands dirty, low status of engineers, rise of finance
- crookery in finance, hedge fund edge might be substantially insider trading
- long-term wisdom of moving all manufacturing to China...?
- economic myopia: British financialization before WW1 vis-a-vis Germany. North vs. South and cotton/industry, camels in Middle East vs. wagons in Europe
- Western medicine easier to convert to science than Eastern, pseudoscience and wrong theories better than bag of recipes
- Greeks definitely knew some things that were lost (eg, line in Pliny makes reference to combinatorics calculation rediscovered by German dude much later. think he's referring to Catalan numbers?), Lucio Russo book
- Indo-Europeans, Western Europe, Amerindians, India, British Isles, gender, disease, and conquest
- no farming (Dark Age), then why were people still farming on Shetland Islands north of Scotland?
- "symbolic" walls, bodies with arrows
- family stuff, children learning, talking dog, memory and aging
- Chinese/Japanese writing difficulty and children learning to read
- Hatfield-McCoy feud: the McCoy family was actually a case study in a neurological journal. they had anger management issues because of cancers of their adrenal gland (!!).

the Chinese know...: https://macropolo.org/casting-off-real-beijings-cryptic-warnings-finance-taking-economy/
Over the last couple of years, a cryptic idiom has crept into the way China’s top leaders talk about risks in the country’s financial system: tuo shi xiang xu (脱实向虚), which loosely translates as “casting off the real for the empty.” Premier Li Keqiang warned against it at his press conference at the end of the 2016 National People’s Congress (NPC). At this year’s NPC, Li inserted this very expression into his annual work report. And in April, while on an inspection tour of Guangxi, President Xi Jinping used the term, saying that China must “unceasingly promote industrial modernization, raise the level of manufacturing, and not allow the real to be cast off for the empty.”

Such an odd turn of phrase is easy to overlook, but it belies concerns about a significant shift in the way that China’s economy works. What Xi and Li were warning against is typically called financialization in developed economies. It’s when “real” companies—industrial firms, manufacturers, utility companies, property developers, and anyone else that produces a tangible product or service—take their money and, rather than put it back into their businesses, invest it in “empty”, or speculative, assets. It occurs when the returns on financial investments outstrip those in the real economy, leading to a disproportionate amount of money being routed into the financial system.

https://twitter.com/gcochran99/status/1160589827651203073
https://archive.is/Yzjyv
Bad day for Lehman Bros.
--
Good day for everyone else, then.
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may 2017 by nhaliday
Information Processing: High V, Low M
http://www.unz.com/article/iq-or-the-mathverbal-split/
Commenter Gwen on the blog Infoproc hints at a possible neurological basis for this phenomenon, stating that “one bit of speculation I have: the neuroimaging studies seem to consistently point towards efficiency of global connectivity rather than efficiency or other traits of individual regions; you could interpret this as a general factor across a wide battery of tasks because they are all hindered to a greater or lesser degree by simply difficulties in coordination while performing the task; so perhaps what causes Spearman is global connectivity becoming around as efficient as possible and no longer a bottleneck for most tasks, and instead individual brain regions start dominating additional performance improvements. So up to a certain level of global communication efficiency, there is a general intelligence factor but then specific abilities like spatial vs verbal come apart and cease to have common bottlenecks and brain tilts manifest themselves much more clearly.” [10] This certainly seem plausible enough. Let’s hope that those far smarter than ourselves will slowly get to the bottom of these matters over the coming decades.

...

My main prediction here then is that based on HBD, I don’t expect China or East Asia to rival the Anglosphere in the life sciences and medicine or other verbally loaded scientific fields. Perhaps China can mirror Japan in developing pockets of strengths in various areas of the life sciences. Given its significantly larger population, this might indeed translate into non-trivial high-end output in the fields of biology and biomedicine. The core strengths of East Asian countries though, as science in the region matures, will lie primarily in quantitative areas such as physics or chemistry, and this is where I predict the region will shine in the coming years. China’s recent forays into quantum cryptography provide one such example. [40]

...

In fact, as anyone who’s been paying attention has noticed, modern day tech is essentially a California and East Asian affair, with the former focused on software and the latter more so on hardware. American companies dominate in the realm of internet infrastructure and platforms, while East Asia is predominant in consumer electronics hardware, although as noted, China does have its own versions of general purpose tech giants in companies like Baidu, Alibaba, and Tencent. By contrast, Europe today has relatively few well known tech companies apart from some successful apps such as Spotify or Skype and entities such as Nokia or Ericsson. [24] It used to have more established technology companies back in the day, but the onslaught of competition from the US and East Asia put a huge dent in Europe’s technology industry.

...

Although many will point to institutional factors such as China or the United States enjoying large, unfragmented markets to explain the decline of European tech, I actually want to offer a more HBD oriented explanation not only for why Europe seems to lag in technology and engineering relative to America and East Asia, but also for why tech in the United States is skewed towards software, while tech in East Asia is skewed towards hardware. I believe that the various phenomenon described above can all be explained by one common underlying mechanism, namely the math/verbal split. Simply put, if you’re really good at math, you gravitate towards hardware. If your skills are more verbally inclined, you gravitate towards software. In general, your chances of working in engineering and technology are greatly bolstered by being spatially and quantitatively adept.

...

If my assertions here are correct, I predict that over the coming decades, we’ll increasingly see different groups of people specialize in areas where they’re most proficient at. This means that East Asians and East Asian societies will be characterized by a skew towards quantitative STEM fields such as physics, chemistry, and engineering and towards hardware and high-tech manufacturing, while Western societies will be characterized by a skew towards the biological sciences and medicine, social sciences, humanities, and software and services. [41] Likewise, India also appears to be a country whose strengths lie more in software and services as opposed to hardware and manufacturing. My fundamental thesis is that all of this is ultimately a reflection of underlying HBD, in particular the math/verbal split. I believe this is the crucial insight lacking in the analyses others offer.

http://www.unz.com/article/iq-or-the-mathverbal-split/#comment-2230751

Sailer In TakiMag: What Does the Deep History of China and India Tell Us About Their Futures?: http://takimag.com/article/a_pair_of_giants_steve_sailer/print#axzz5BHqRM5nD
In an age of postmodern postnationalism that worships diversity, China is old-fashioned. It’s homogeneous, nationalist, and modernist. China seems to have utilitarian 1950s values.

For example, Chinese higher education isn’t yet competitive on the world stage, but China appears to be doing a decent job of educating the masses in the basics. High Chinese scores on the international PISA test for 15-year-olds shouldn’t be taken at face value, but it’s likely that China is approaching first-world norms in providing equality of opportunity through adequate schooling.

Due to censorship and language barriers, Chinese individuals aren’t well represented in English-language cyberspace. Yet in real life, the Chinese build things, such as bridges that don’t fall down, and they make stuff, employing tens of millions of proletarians in their factories.

The Chinese seem, on average, to be good with their hands, which is something that often makes American intellectuals vaguely uncomfortable. But at least the Chinese proles are over there merely manufacturing things cheaply, so American thinkers don’t resent them as much as they do American tradesmen.

Much of the class hatred in America stems from the suspicions of the intelligentsia that plumbers and mechanics are using their voodoo cognitive ability of staring at 3-D physical objects and somehow understanding why they are broken to overcharge them for repairs. Thus it’s only fair, America’s white-collar managers assume, that they export factory jobs to lower-paid China so that they can afford to throw manufactured junk away when it breaks and buy new junk rather than have to subject themselves to the humiliation of admitting to educationally inferior American repairmen that they don’t understand what is wrong with their own gizmos.

...

This Chinese lack of diversity is out of style, and yet it seems to make it easier for the Chinese to get things done.

In contrast, India appears more congenial to current-year thinkers. India seems postmodern and postnationalist, although it might be more accurately called premodern and prenationalist.

...

Another feature that makes our commentariat comfortable with India is that Indians don’t seem to be all that mechanically facile, perhaps especially not the priestly Brahmin caste, with whom Western intellectuals primarily interact.

And the Indians tend to be more verbally agile than the Chinese and more adept at the kind of high-level abstract thinking required by modern computer science, law, and soft major academia. Thousands of years of Brahmin speculations didn’t do much for India’s prosperity, but somehow have prepared Indians to make fortunes in 21st-century America.

http://www.sciencedirect.com/science/article/pii/S0160289616300757
- Study used two moderately large American community samples.
- Verbal and not nonverbal ability drives relationship between ability and ideology.
- Ideology and ability appear more related when ability assessed professionally.
- Self-administered or nonverbal ability measures will underestimate this relationship.

https://www.unz.com/gnxp/the-universal-law-of-interpersonal-dynamics/
Every once in a while I realize something with my conscious mind that I’ve understood implicitly for a long time. Such a thing happened to me yesterday, while reading a post on Stalin, by Amritas. It is this:

S = P + E

Social Status equals Political Capital plus Economic Capital

...

Here’s an example of its explanatory power: If we assume that a major human drive is to maximize S, we can predict that people with high P will attempt to minimize the value of E (since S-maximization is a zero-sum game). And so we see. Throughout history there has been an attempt to ennoble P while stigmatizing E. Conversely, throughout history, people with high E use it to acquire P. Thus, in today’s society we see that socially adept people, who have inborn P skills, tend to favor socialism or big government – where their skills are most valuable, while economically productive people are often frustrated by the fact that their concrete contribution to society is deplored.

Now, you might ask yourself why the reverse isn’t true, why people with high P don’t use it to acquire E, while people with high E don’t attempt to stigmatize P? Well, I think that is true. But, while the equation is mathematically symmetrical, the nature of P-talent and E-talent is not. P-talent can be used to acquire E from the E-adept, but the E-adept are no match for the P-adept in the attempt to stigmatize P. Furthermore, P is endogenous to the system, while E is exogenous. In other words, the P-adept have the ability to manipulate the system itself to make P-talent more valuable in acquiring E, while the E-adept have no ability to manipulate the external environment to make E-talent more valuable in acquiring P.

...

1. All institutions will tend to be dominated by the P-adept
2. All institutions that have no in-built exogenous criteria for measuring its members’ status will inevitably be dominated by the P-adept
3. Universities will inevitably be dominated by the P-adept
4. Within a university, humanities and social sciences will be more dominated by the P-adept than … [more]
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september 2016 by nhaliday

bundles : biznesscrinfopatternspredictiontechiethinking

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