Mastered by machines

Moral: Wherein we consider that the sirens related to the big chimera just might have the purpose of helping the interlopers to hide the fact that the shell-games are stacked more in their favor, via computation, than we would like to consider.

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Sorry state of affairs, folks.

We need to thank the USA Today for this look at what has been put on us as a yoke by the best and brightest.

Pure idiocy. All this under the name of a 'market' driven economy. Give me a break (we need to reclaim the lessons from Adam).

Some of the real founders are rolling over in their graves.

Remarks:

03/16/2015 -- Let them eat cake.

01/13/2012 -- We'll be coherent and thorough as we discuss issues (out of control) related to this theme.

03/17/2011 -- On the rise of the professional politician (will there ever be the citizen polico? that is, those who do not salivate when a buck is passed beneath the nose) toward robber barony. The M & Ms are apropos. As well, need to bring in Schervish's viewpoint.

02/01/2011 -- The chimera shines.

10/07/2010 -- Several principles need to be explored, such as the ergodic one.

08/30/2010 -- The 'chimera' need some attention.

07/27/2010 -- The Boston Globe had an interesting op-ed, recently, about these types. Of course, there are several types of best and brightest, including the quants. We'll need to address this topic again using what we know of the new kings. Ah, such confidence when underdetermination reigns.

07/25/2010 -- Not run into the ground by machines so much as by the antics of those who use the distraction of complexity to cover their malfeasance'd purposes. You see, some always use advances in technology (and knowledge, in general) as a means to obtain gain. Just taking that tact is questionable ethically, but business has adopted the jungle metaphor (albeit, without real foundation for this choice). Hence, some justification for twisting new situations for means of gains probably can be found; Lord knows, too, that some adore those who have massive collections of wealth. Some of those who bought into the one known bad guy (ah, AIG was probably full of wrongful thinking if truth be known), namely Made-off, and his game did so because they were told that they were joining an exclusive and privileged group. The solution will rest on a better foundation that goes beyond gaming and money'd politicos.

07/21/2010 -- That we let systems run wild says a lot about us. That economics requires systems means that issues of control, truth, and related are of utmost interest to any attempt at founding a better basis. We'll get there, folks, by taming several speculative thrusts that were emboldened by theory, game and otherwise.

07/11/2010 -- Every which way that we look, are there not oops?

Modified: 03/16/2015