Mind Matters Natural and Artificial Intelligence News and Analysis

TagTechnocracy

COSM-2021-174A3033-Peter-Thiel Large
Peter Thiel on General Artificial Intelligence at COSM 2021

Peter Thiel on Big Tech: A Throwback Lecture

Peter Thiel opens up about how artificial intelligence, 5G wireless, and blockchain security are converging in a new era

We’ve been sharing and promoting several videos from the 2022 COSM conference, but there’s also a wealth of material to be found in the YouTube archives. Today, we’d like to share a lecture from the 2019 conference featuring prominent venture capitalist and technology innovator Peter Thiel. Peter Thiel opens up about how artificial intelligence, 5G wireless, and blockchain security are converging in a new era. In a substantive and wide-ranging discussion with tech guru George Gilder, Thiel outlines how new Internet and monetary systems can remedy the currently torturous relations between the U.S. and China, and how understanding money as time overthrows the prevailing economic and technological models and opens the way to a cornucopian future.

mockup-of-social-media-app-user-interface-in-dark-screen-mode-stockpack-adobe-stock
Mockup of social media app user interface in dark screen mode

The Dark Side of Instagram

An investigative report shows that Instagram algorithm promotes pedophilia networks

It’s an unfortunate fact that sex trafficking and pedophilia rings have benefitted from the invention of the internet. Even worse, Meta‘s Instagram is amplifying the problem – not because Meta wants to, of course, but because the algorithm promotes the activity. The Wall Street Journal did an investigative report in partnership with a team from Stanford University on Instagram’s promotion of pedophilia rings, with Jeff Horwitz and Katherine Blunt writing, Pedophiles have long used the internet, but unlike the forums and file-transfer services that cater to people who have interest in illicit content, Instagram doesn’t merely host these activities. Its algorithms promote them. Instagram connects pedophiles and guides them to content sellers via recommendation systems that excel at linking those Read More ›

vr-virtual-reality-headset-goggles-worn-by-man-3d-illustration-with-colorful-abstract-art-showing-creativity-fun-metaverse-and-more-with-a-white-background-stockpack-adobe-stock
VR virtual reality headset goggles worn by man 3D illustration with colorful abstract art showing creativity, fun, metaverse and more, with a white background.

Apple’s Vision Pro Promises “Augmented Reality”

The goal? To seamlessly blend digital and physical space

We’ve written here several times on Meta‘s struggling metaverse project; Zuckerberg‘s darling endeavor hasn’t gotten the traction he hoped for, with teetering investor involvement and an even more fragile consumer interest. But that didn’t stop Apple from chasing their own augmented reality project. The tech giant recently announced the Vision Pro, a headset that allows users to see apps and messages within their physical space. The product is a major development, and the main goal, according to Apple CEO Tim Cook, is to dissolve the boundaries between our physical and digital dimensions. Per a report from ABC News, “Vision Pro is a new kind of computer that augments reality by seamlessly blending the real world with the digital world,” Apple Read More ›

cctv-security-room-stockpack-adobe-stock
CCTV Security Room

New Surveillance Tech in the UK

The debate over security and privacy rights is reaching a new level

The government in the United Kingdom is reportedly working on a new surveillance technology that could monitor the online activity of millions of people. Critics say implementing the tech in practice would be a radical intrusion of privacy. Matt Burgess writes at Wired, Haidar of Privacy International says that creating powers to collect more of people’s data doesn’t result in “more security” for people. “Building the data retention capabilities of companies and a vast range of government agencies doesn’t mean that intelligence operations will be enhanced,” Haidar says. “In fact, we argue that it makes us less secure as this data becomes vulnerable to being misused or abused.” -Matt Burgess, The UK’s Secretive Web Surveillance Program Is Ramping Up | Read More ›

finger-touching-phone-with-social-media-concept-and-dark-background-stockpack-adobe-stock
Finger touching phone with social media concept and dark background

Social Media is Hurting Kids. Does Big Tech Care?

Body image issues, low self-esteem, and social comparison are all typical outcomes of excessive social media use among teens and children

Surgeon General Vivek Murthy issued a warning in a briefing this week on the negative impact of social media on kids, particularly teenage girls. Murthy called tech companies to provide “safeguards” to protect children who are at a critical stage in brain development. Early exposure to social media, numerous studies show, are correlated with anxiety and depression in young people. Murthy said, “We are in the middle of a national youth mental health crisis, and I am concerned that social media is an important driver of that crisis – one that we must urgently address.” Social media could harm youth mental health, U.S. Surgeon General warns | Reuters Problems like body image issues, low self-esteem, and social comparison are all Read More ›

robot-humanoid-use-laptop-and-sit-at-table-for-big-data-analytic-using-ai-thinking-brain-artificial-intelligence-and-machine-learning-process-for-the-4th-fourth-industrial-revolution-3d-rendering-stockpack-adobe-stock
Robot humanoid use laptop and sit at table for big data analytic using AI thinking brain , artificial intelligence and machine learning process for the 4th fourth industrial revolution . 3D rendering.

Artificial General Intelligence is the Answer, says OpenAI CEO

The tech optimism talk just got a little vague

The tech optimism talk just got a little more bizarre from OpenAI CEO Sam Altman. Altman is confident that artificial intelligence is going to better our world in countless ways; sometimes, however, he doesn’t specify just how that’s going to happen. Other days it seems like he’s actually on the doomsday train. Which is it? Is AI going to save us and pilot us into a transhumanist eternity or will it enslave us forever and diminish everything that makes us human? Maybe it’s both at this point! Maggie Harrison writes in a new blog at Futurism, It’s true that AGI could, in theory, give humans a helping hand in curing some of our ills. But such an AGI, and AGI Read More ›

tv-news-studio-recording-and-broadcasting-media-in-a-modern-set-design-with-blue-background-for-journalists-generative-ai-stockpack-adobe-stock
TV News studio - recording and broadcasting media in a modern set design with blue background for journalists. Generative AI

Media and Tech Companies Continue to Struggle

Vice reportedly is opting for bankruptcy, while Meta's metaverse flounders

According to a report from The New York Times, Vice Media Group, the entertainment outlet, is expected to file for bankruptcy. The news arrives amid considerable downsizing in the once leading media giant. Vice has long been known for its outreach to younger audiences and popularizing itself on social media platforms. Buzzfeed also recently announced the closure of its news division. After years of edgy and “irreverant” reporting, it seems the act is over. Other major technology companies are cutting expenses and laying off employees. With Mark Zuckerberg’s Meta, the woes seem to amount to the failed metaverse project, which was apparently was supposed to be so groundbreaking that it merited a makeover of the company name. With its vague Read More ›

cellphone-mental-health-and-woman-in-her-bed-with-depression-while-watching-videos-on-social-media-tired-sleepy-and-depressed-female-with-insomnia-networking-on-a-phone-in-her-bedroom-at-home-stockpack-adobe-stock
Cellphone, mental health and woman in her bed with depression while watching videos on social media. Tired, sleepy and depressed female with insomnia networking on a phone in her bedroom at home.

Working Towards Digital Flourishing

Dawn Wible, the founder of Talk More Tech Less, continues her conversation with Robert J. Marks on digital tech. How can we healthily use technology instead of being manipulated by Big Tech? In this episode, she lays out practical steps people can take to reclaim their time, relationships, and mental health. Additional Resources

top-view-serene-weary-female-lying-on-desk-in-modern-office-mugs-of-beverage-and-different-documents-locating-on-it-job-and-fatigue-concept-stockpack-adobe-stock
Top view serene weary female lying on desk in modern office. Mugs of beverage and different documents locating on it. Job and fatigue concept

Work: The New Path to Self-Actualization

With layoffs plaguing Big Tech companies, how should employees start viewing their work?

The pandemic changed the way we work, with more people opting for online or “hybrid” schedules, office buildings emptying, and boundaries between work and other aspects of life starting to get blurred. But what is the general attitude towards work in the United States? According to Simone Stolzoff, author of the forthcoming The Good Enough Job, Americans are turning to their careers like people used to turn to religion: for meaning and a sense of self-worth. This new secular religion is called “workism.” In an interview with Wired, Stolzoff said, [Workism] is treating work akin to a religious identity. It’s looking to work not just for a paycheck but also for a community, a sense of identity and purpose and Read More ›

radio mic
Mikrofon im Tonstudio, farbenfroh

An Entertaining Day at the Blue Bird

NPR bids "adieu" to Twitter and BBC bungles interview with Musk

A few days ago, the tag “Government-funded Media” appeared underneath NPR’s masthead on Twitter. Today, the company announced its departure from the social media platform and laid out its intentions to proliferate content through email, an app, and “other social media platforms.” The official post reads, “NPR produces consequential, independent journalism every day in service to the public.” NPR claims editorial independence despite the tag denoting them as federally funded, and their decision to part ways with Twitter reflects their ire against Musk’s trepidatious move. A small percentage, according to NPR, is federally funded, but it is no secret that they lean heavy to the left in their commentary, especially in recent years. Musk resurrected a line from NPR (now Read More ›

daydreaming
Young woman relaxing at winter sea beach. Traveler resting by blue mountain

In Defense of Daydreaming

Andrew McDiarmid encourages people to set aside their devices and embrace the discomfort of silence

At the end of the day, do you ever feel like you’ve ingested so much information but have thought and contemplated so little? When do we take the time to simply be quiet and think? Discovery Institute’s Andrew McDiarmid encourages people to set aside their devices and embrace the discomfort of silence in a piece from The Epoch Times. He writes, A recent study reported in the Journal of Experimental Psychology suggests that the act of “just thinking” can be more rewarding than we might realize. The authors of the paper acknowledge that the ability to engage in internal thoughts without external stimulation is a unique characteristic in humans, yet we regularly underappreciate the benefits of doing so. This constant feed of Read More ›

twitter check marks
Blue check mark logos on a heap on a table. Copy space. Verification concept

Is This the End of Twitter?

The social media giant has been struggling on multiple fronts since Musk's takeover

Twitter isn’t in such great shape at the moment. In fact, rumors of bankruptcy loom over the company as financial woes continue to mount, and solutions seem few and far between. Dave Karpf is a professor of “internet politics” at George Washington University and wrote an article describing Twitter’s current predicament. He writes, A few weeks ago, Elon Musk said that ad revenues had fallen 50%. The site has experienced major outages at a higher rate than usual. During one such outage, Elon was laser-focused on the important stuff: reply-guying Jordan Peterson. The Twitter Blue rollout was such a disaster that he fired almost the entire team. Yesterday, he appeared to backtrack on his big plan to revoke legacy checkmarks. Twitter hasn’t been paying rent on its office space. It recently tried Read More ›

jinx from arcane

The Moral Genius of Arcane

The show reveals how pursuing knowledge for the sake of greater manipulation, power, and control can open the floodgates of chaos

The 2021 show Arcane, based on the video game League of Legends, is fantastic. The animation style, writing, and world-building all merit its 100 percent scored rating on Rotten Tomatoes. Apart from its entertainment value, which is formidable, Arcane explores the pertinent themes of power, progress, and the promises and pitfalls of technological advancement. It does this without heavy-handedness, “instructing by delighting,” in the words of C.S. Lewis. A Powerful Civilization and a Chaotic Underworld The story takes place in the utopian city of Piltover, which prides itself on its innovations in science, technology, and infrastructure. On the lower edges of the city lies the unruly Zaun, an oppressed underworld overrun with crime and an addictive drug called “Shimmer.” The Read More ›

clock
Business times concept people walking overlay with time clock

It’s About Time

The cliche phrase "time is money" needs to be subverted by better metaphors, according to Odell

Artist and writer Jenny Odell, author of the new book Saving Time: Discovering a Life Beyond the Clock, was recently interviewed by Wired. Odell’s 2019 book is called How to Do Nothing. In the interview, Odell discussed how the invention of the clock has altered the way people think about time, labor, and productivity. The cliche phrase “time is money” needs to be subverted by better metaphors, according to Odell, ones that emphasize meaning instead of mere activity. When she was asked how she avoided productivity “burnout” in her own writing life, Odell responded, If you’re not thinking of time as money, the other thing that you could be trying to find is meaning. That’s ultimately what I want out Read More ›

chatgpt-chat-concept-ai-artificial-intelligence-businessman-using-technology-smart-robot-ai-enter-command-prompt-contact-for-business-information-analysis-futuristic-technology-transformation-stockpack-adobe-stock
ChatGPT Chat concept AI, Artificial Intelligence. businessman using technology smart robot AI, enter command prompt, contact for business information analysis, Futuristic technology transformation.

Jeffrey Funk on AI, Startups, and Big Tech

In this podcast episode, technology consultant and author Jeffrey Funk joins Robert J. Marks to talk about the artificial intelligence industry, how it’s used by Big Tech, and AI’s exaggerated hype.  How do we respond to AI when technology is changing every year? Additional Resources

stocks-and-bonds-closeup-stockpack-adobe-stock
Stocks and Bonds Closeup

Aren’t US Treasury Bonds Supposed to be Safe?

How can you lose money selling treasury bonds?

For context, read Bartlett’s two previous articles on the fall of SVB and interest rates. Some people are confused as to how you can lose money selling treasury bonds, since they are supposed to be “safe” assets (the government is not expected to default on its loans, and, if it does, the economy probably has bigger problems). Economist Bob Murphy put together a great explainer thread on Twitter, which I will largely follow here. Let’s say that there is an asset that always yields a 1% return every year on however much you have invested, but you never get the principal back except by selling it to someone else. Let us call this asset ABC, and let us say that it is Read More ›

vintage-bank-sign-stockpack-adobe-stock
Vintage Bank Sign

Why Did the Tech Bubble Correspond with Low Interest Rates?

Ultimately, our economy’s deeper problems aren’t so much a result of “money” as they are bad allocations of resources.

For context, read Bartlett’s article explaining the fall of SVB here. I wanted to make a quick note about why tech bubbles tend to correspond with low interest rate environments. Interest rates essentially dictate how long someone can wait before they need to produce something of real value. In a 20% interest rate environment, it will be evident really quickly if you are failing to produce something of value. Since essentially 1/5 of your capital disappears each year, if you aren’t doing something that will generate real profits quickly, you are sunk. You can’t paper over problems with more borrowing because the cost of that borrowing is so high. Additionally, in such an environment, the payoffs for investment need to be large Read More ›

golden-gate-bridge-in-san-francisco-stockpack-adobe-stock
Golden Gate Bridge in San Francisco

What’s Going on at Silicon Valley Bank?

The bank's failure is making a lot of people nervous about their money

Many people awoke this morning to news of a bank that suddenly collapsed – Silicon Valley Bank, or SVB. While information is still developing, I thought I would provide some background information on what is known so far. SVB is the go-to bank for Silicon Valley startups. Over the last few years, the tech bubble has been growing and growing and growing, focused especially around Silicon Valley. That meant a lot of banking was happening, and it was happening with SVB. That is where the various companies put their deposits.  How does a bank make money? By lending out deposits. In 2021, at the height of the tech bubble (and, not coincidentally, at a historically low-interest rate environment). The bank did what most banks do Read More ›

flat-design-cartoon-world-book-day-illustration-open-book-with-stories-coming-out-of-the-pages-ai-generated-stockpack-adobe-stock
Flat design cartoon World Book Day illustration. Open book with stories coming out of the pages. AI generated

Roald Dahl is Safe (For Now)

How long until making revisions turns into full-blown censorship, and what impact will that have on the creative arts?

Publishers decided last week to revise certain aspects of beloved author Roald Dahl’s books, like James and the Giant Peach and Charlie and the Chocolate Factory. They said the decision was intended to make Dahl’s books more inclusive. The decision sparked controversy and outrage in the literary community, and now, Penguin Random House has changed their minds and will preserve the original texts. ABC reported: The updates to Dahl’s works under Penguin had meant to be more inclusive, progressive and more acceptable to today’s readers. Phrases like ‘mothers and fathers’ in Dahl’s ‘Matilda,’ first published in 1988, could have been replaced with ‘parents’ while some descriptions of ‘fat’ characters could have been edited or removed entirely. Description of women’s jobs Read More ›

dissolving metaverse
introduction to the metaverse universe. Man wearing augmented reality glasses for future technology. transition to the virtual world.

More Bad News for the Metaverse

Virtual reality projects are losing steam across the tech industry in the wake of layoffs and investor skepticism

Big tech companies across the spectrum, including Meta, Microsoft, and Apple, are scaling back on virtual reality research and development. The technological demands of the metaverse are more advanced than CEOs like Mark Zuckerberg have anticipated, and employees are feeling the impact. Microsoft recently laid off 10,000 workers, cutting funding from the lab responsible for the production of its mixed-reality “HoloLens.” The army was originally in the works to use the Microsoft lens for aids in combat and training, but the technology has since been labeled as “dangerous and poorly designed.” Meta laid off 11,000 employees last November and continues to struggle to gain interest and traction for its ambitious metaverse project. A report from Insider notes that a combination Read More ›