Friday, December 30, 2022

2009 until now

This blog started in order in 2009 which was about when the last recession was over. The topic tells it all; we watched the Fed's reaction to the downturn. And, were posting in the 7'oops7 and Truth Engineering blogs. But, that was extraneous to those two topics. We needed something financial. 

Two motivations? One deals with MIT and their clever development of the concept of financial engineering. I ask them, engineers mostly. What science is behind this bit of shenanigans? Okay, 2009, that was the timeframe. Now, messes. Even the supposed financial bots are supposed to be smarter than MIT folks (well, perhaps we ought to start there; they never had claim to all of intelligence). Now, another motivation (there are several more, btw)? As the financial stuff unraveled, the Fed seemed to react in an old mode and then just capitulated to those who push the ca-pital-sino. Oh yes. As I said, in 2009, it'll be worse the next time. We have not seen this yet, but people who consider these matters worry.   

In the meantime, follow discussion at Quora. It has been at Quora where most of our attention has been given and most of our energies spent since 2015

Remarks: Modified: 12/30/2022

12/30/2022 --

Saturday, January 1, 2022

Grand Challenge

 Moral: Wherein we explore a Grand Challenge. 

This is cursory as we have just become aware of a video that provides an important viewpoint. See the "Grand Challenge" post at the TruthEngineering blog for details and for further work on the subject. 

FutureLaw presentation
Stanford Law School 

Remarks: Modified: 12/31/2021

12/31/2021 --

Saturday, November 13, 2021

AIn't

Moral: Wherein we note what could be our logo and some of its implications. 

AIn't? Means what? 

Notice, AI is bold. Usual meaning. Though, there are many; of late, something called DL ('deep' learning) has taken hold on the imagination. Ain't? Grammar police baiting? 

This post is a reminder of important topics to be discussed in the future. 

Now future? Let's say, the one being touted by Peter Schiff (Dr. Doom) who has been even more vocal of late about the policies to ruin. I only listened to a minute's worth. 

Has anyone noted that people yak, others listen (or pretend to)? Have you sat through a video of a mathematical proof? Sure, some semblance. 

The point is that reading/writing is how deep (the real sense, not the wannabe of DL) knowledge gets conveyed across generations. 

Now, deep? The whole phenomenal events related to grokking is an example. People pursue this by several means, one of which is finding a guru. 

Why mention this? Not only do we have a false AI, robotics is becoming seen as an economic savior. You realize that some of the AI folks bragged about the fake faces being generated by their systems, none of which have any link to something real? 

Robotics? The past year plus, many more companies have sought to use these. Mostly, they do some task that can be harmful for humans (Bezos types of actions). But, call a company. Chances are that you deal with a bot of some sort.   

It's irritating for many reasons. Some companies have made it impossible to talk a person. And, chat? Bots, to boot.

Back to Peter. We're getting back into a regular posting mode. After all, this blog came from one that started in 2007 for reasons of writing of business silliness, some of it was motivated by stupidity while there were other things that are more malfeasance in nature. 

So, AI can be used as a metaphor. It really is a type of 'umbrella' notion. Whereas in reality? We are talking advanced mathematics abetted by computing. And, there we can be more scientifically oriented than has been tried in the past. 

Remarks: Modified: 11/13/2021

11/13/2021 --

Saturday, September 18, 2021

Bezoism

Moral: Wherein we point to needed discussions. 

A neologism has hit the news: Bezoism. I was late getting to a recent WSJ weekend edition where the article was covered. However, it is old as Bezos, himself, uses it (blog on GitHub). Notice, the whole of the Deep Learning paradigm's offerings where we can, at last, get real about how technology is ruining our lives. Bezos ought to be thanked for playing his role which we can analysis (way more than 'deep' learning every could). 

Definition found at another blog: 

Managerial "Bezos-ism": The Basis For How Amazon Wrings Productivity From Workers - And the Template Is Spreading

Wait, this is new: Arriving today

Gosh, for me, this is another Rip Van Wrinkle thing. These have always been due to some shenanigans of business, usually related to financial mischief. 

Disclosure: Never bought anything via Amazon. Skirt around their site when on the web as much as I can. Have looked at a page or two with respect to ratings of products. Mostly wondered what motivated this form of mischief which is not sustainable and is so much a poster boy for how things ought not be. 

Remarks: Modified: 11/13/2021

11/13/2021 -- Forgot the Moral tag. 

Saturday, January 2, 2021

MIT Sloan

Moral: Wherein we start the new year by looking to Boston (well, Cambridge). 

They gave us a gift: 737MAX: A Failure of Management, not just Technology. You know, I've waited 15 years for this. 

FEDaerated came out of watching the FED and the economy using Boeing as a basis given the breadth of its coverage, especially dealing with technology. 

We will be going into how the computer is the main source for the confusion that we see. Another? SciFi and its addling of the human brain.  

Remarks: Modified: 01/02/2021

01/02/2021 --

Tuesday, December 29, 2020

2020 begone

Moral: Wherein we muse about the tomorrows. 

Lots of themes pending. The U.S. FED just pulled out all stops and placed us in unknown territory that's even more remote than where Ben/Janet left us. Which is okay, as things will pull out. Will we learn the necessary lessons?

So, with the proverbial punt down the road, we'll let the year end. 

Remarks: Modified: 12/29/2020

12/29/2020 --

Tuesday, October 27, 2020

Status, again

Moral: Wherein we point to the fact of not being lazy. 

This theme is central to about all the the world of business does. However, we have even more going on than the last go-around (2008).  

For now, here are pointers to current work is being done:

  • Quora - started here in July of 2015. The decline in posting at blogs is associated with this move which has been very interesting in its effects. Quora covers the bases. There have been several answers given that pertain to this subject. 
  • Thomas Gardner Society, Inc. - what is gets more attention is our blog which has been in action during a decade of work in which we are always learning. This focus is on the 400 years of American history including the century plus that preceded the Revolution. 
  • GitHub - where the technical mind can get refreshed. Might have a code focus but is used, too, for managing complex data systems.  
  • Others - 

 Remarks: Modified: 10/27/2020

10/27/2020 --