The World's Largest Hedge Fund Is Building an Algorithmic Model of Its Founder's Brain - "Mr. Dalio has the highest stratum score at Bridgewater, and the firm has told employees he has one of the highest in the world. Likewise, Bridgewater's software judges Mr. Dalio the firm's most 'believable' employee in matters such as investing and leadership, which means his opinions carry more weight. Mr. Dalio is always in search of new data with which to measure his staff. He once raised the idea of using head bands to track people's brain waves, according to one former employee. The idea wasn't adopted." [more inside]
Inside the insectary - "These gene drives, they're able to copy themselves. So instead of half of the offspring inheriting the gene drive, almost all of them do. So what happens is that it spreads and it spreads and it spreads. And this is the fantastic thing. Because it allows that gene to be selfish in a population. And in a very short amount of time you can actually transform an entire wild population into a modified population. It's powerful." (previously: 1,2,3)
How big data increases inequality and threatens democracy - "A former academic mathematician and ex-hedge fund quant exposes flaws in how information is used to assess everything from creditworthiness to policing tactics, with results that cause damage both financially and to the fabric of society. Programmed biases and a lack of feedback are among the concerns behind the clever and apt title of Cathy O'Neil's book: Weapons of Math Destruction." [more inside]
The Economic Lessons of Star Trek's Money-Free Society - "[Manu Saadia] points to technologies like GPS and the internet as models for how we can set ourselves on the path to a Star Trek future. 'If we decide as a society to make more of these crucial things available to all as public goods, we're probably going to be well on our way to improving the condition of everybody on Earth', he says. But he also warns that technology alone won't create a post-scarcity future... 'This is something that has to be dealt with on a political level, and we have to face that.' " (via) [more inside]
World After Capital by Albert Wenger [Work in Progress; GitHub; GitBook; PDF; FAQ] - "Technological progress has shifted scarcity for humanity. When we were foragers, food was scarce. During the agrarian age, it was land. Following the industrial revolution, capital became scarce. With digital technologies scarcity is shifting from capital to attention. World After Capital suggests ways to expand economic, informational and psychological freedom to go from an industrial to a knowledge society." (previously)
Lo and Behold: Reveries of the Connected World - "With interviewees ranging from Elon Musk to a gaming addict, Werner Herzog presents the web in all its wildness and utopian potential in this dizzying documentary." (via)
Humans 2.0 - "With CRISPR, scientists can change, delete, and replace genes in any animal, including us. Working mostly with mice, researchers have already deployed the tool to correct the genetic errors responsible for sickle-cell anemia, muscular dystrophy, and the fundamental defect associated with cystic fibrosis. One group has replaced a mutation that causes cataracts; another has destroyed receptors that H.I.V. uses to infiltrate our immune system." [more inside]
The Future of (Post)Capitalism - "Paul Mason shows how, from the ashes of the recent financial crisis, we have the chance to create a more socially just and sustainable global economy." (previously; via) [more inside]
The CRISPR Revolution [ungated: 1,2,3] - "Biologists continue to hone their tools for deleting, replacing or otherwise editing DNA and a strategy called CRISPR has quickly become one of the most popular ways to do genome engineering. Utilizing a modified bacterial protein and a RNA that guides it to a specific DNA sequence, the CRISPR system provides unprecedented control over genes in many species, including perhaps humans. This control has allowed many new types of experiments, but also raised questions about what CRISPR can enable." [more inside]
The political economy of a universal basic income: "your view of what is feasible should not be backwards looking. The normalization of gay marriage and legalization of marijuana seemed utopian and politically impossible until very recently. Yet in fact those developments are happening, and their expansion is almost inevitable given the demographics of ideology... UBI — defined precisely as periodic transfers of identical fixed dollar amounts to all citizens of the polity — is by far the most probable and politically achievable among policies that might effectively address problems of inequality, socioeconomic fragmentation, and economic stagnation." [more inside]
- Welfare economics: an introduction
- The perils of Potential Pareto
- Inequality, production, and technology
- Welfare theorems, distribution priority, and market clearing
- Normative is performative, not positive
The VR Chicken Matrix: "a virtual chicken world in which caged animals think they're wandering happily around in the open... got me thinking again about Facebook's recent purchase of Oculus VR."
Digital and genetic techniques increasingly influence life. Our belief in progress through technology stands in the way of a moral debate on this development. ~ by Rinie van Est
"Premature babies born at the edge of viability force us to debate the most difficult questions in medicine and in life. After just 23 weeks of pregnancy, Kelley Benham found herself in the Neonatal Intensive Care Unit (NICU) with a daughter born so early neonatologist doctors would call her a "micro preemie." New technologies can sometimes keep micro preemies alive, but many end up disabled, some catastrophically so. Whether to provide care to these infants is one of the fundamental controversies in neonatology. This is the story of how Benham and her husband, Tom French, made the difficult choice: Fight for the life of their micro preemie baby or let her go?" [more inside]
In Praise of Leisure - "Imagine a world in which most people worked only 15 hours a week. They would be paid as much as, or even more than, they now are, because the fruits of their labor would be distributed more evenly across society. Leisure would occupy far more of their waking hours than work. It was exactly this prospect that John Maynard Keynes conjured up in a little essay published in 1930 called 'Economic Possibilities for Our Grandchildren.' Its thesis was simple. As technological progress made possible an increase in the output of goods per hour worked, people would have to work less and less to satisfy their needs, until in the end they would have to work hardly at all... He thought this condition might be reached in about 100 years — that is, by 2030." (via) [more inside]
Dead Ringers: the Science Museum asks us the question "should we upgrade our mobile phone?" "No" and "no" say the Times and the Observer, but we still do: on average every 18 months. What's the problem? Well it isn't just the lead, arsenic, beryllium and brominated fire-retardant cases (pollutants all) disappearing into our land fills (which are not covered by the Waste Electrical and Electronic Equipment Directive [WEEE] in Europe). Coltan also goes into our phones. It occurs mainly in the Democratic Republic of Congo, and as such our demand for upgrades has been contributing to a war (despite mobile phone companies' claims to the contrary, coltan is not regulated like timber). If we must upgrade, we can at least recycle or hack our old phones.
Bill Joy thinks the world will end unless we stop doing certain kinds of research right now. I think Bill Joy is full of crap, but he has valid points. (More inside)
Now here's a doozy of an ethical dilemma. Sometimes technology creates ethical problems, or un-solves ones we had previously solved. I'd be interested in how people answer the question posed in the title. Hmm?