Rafael Pérez 🌱RE: https://mastodon.social/@bagrounds/116287067126445779
Good summary of the many interesting, overarching theory of mind concepts found in Marvin Minsky's The Society of Mind.
Wulfy—Speaker to the machinesThesis:
"Ai is not making profits canard."
We are misapplying a quarterly reporting framework to what might be the last #infrastructure #investment category in history. Where the returns are structurally deferred but theoretically civilisational in scale.
👉CIVILISATIONAL IN SCALE 👈
Many individual AI companies are absolutely in Ponzi territory. But the aggregate investment, like the fiber optic overbuild of the 1990s, is laying infrastructure whose returns accrue to survivors and society long after the current investors are wiped out.
Dismissing AI investment on "no current revenue" grounds is the equivalent of dismissing Telcos fiber rollout in late 1990 because it wasn't profitable that quarter.
The relevant question isn't present earnings. It's whether the underlying productive capacity is real, and who ultimately captures the returns when they materialise. This is why its super imprtant that #AiRegulation is a thing. Will the infinite future profits go to the oligarchs or to the people.
#AiSlop #AiResearch #AiEconomy #Economy #minsky #mmt #orthodoxy #Ai #NoAi #RoI
earthling#Minsky, a pioneer of AI, purportedly declared: 'We're going to make machines intelligent. We are going to make them conscious!" #Englebart, a proponent of Intelligent Augmentation rather than AI, responded,
"You're going to do all that for the machines? What are you going to do for the people?"
From:
The Extinction of Experience by Christine Rosen
MIT Technology Review DEHätte Minsky länger gelebt, hätte er noch mitbekommen, dass eine Frage wieder in den Mittelpunkt der Forschung rückt, die ihn sein Leben lang fasziniert hat: Wie funktioniert das menschliche Gehirn?
„Alle zwei oder drei Tage eine bedeutende Entdeckung“: Erinnerungen an den KI-Pionier Marvin Minsky | t3n
Er war 1956 dabei und prägte den Begriff Künstliche Intelligenz entscheidend mit: Vor zehn Jahren starb mit Marvin Minsky der letzte große KI-Pionier. Dass die Erinnerung an ihn umstritten bleibt, hängt nicht nur mit Jeffrey Epstein zusammen. Am 24. Januar 2016 starb mit Marvin Minsky, der letzte damals noch übrig gebliebene Teilnehmer der Dartmouth Sommerschule, […]
Don Curren 🇨🇦🇺🇦“Hyman #Minsky wrote about how this stability breeds instability, that comfort leads to complacency. Asset prices rise, people think everything continues forever, they gorge themselves on debt. People get too greedy. Things blow up.” open.substack.com/pub/kyla/p/t...
The Great Entertainment
The Great Entertainment
Bradley M. Kühn#MIT itself commissioned this:
http://factfindingjan2020.mit.edu/files/MIT-report.pdf
It supports much of Giuffre's testimony.
Do you believe MIT's presented facts?
MIT confirmed #Minsky visited #Epstein while in prison *for* underage prostitution & continued to call Epstein his “friend” & took trips with him at times. The only fact MIT couldn't confirm or deny is Minksy met Giuffre. So, you belivee Guiffre's testimony is perjury? Before you decide that, I encourage to read the MIT report & her entire deposition.
MottGDTIC is piloting 2 innovative search tools designed to provide you more robust search results for the close to 1 million records on our public site. (Note: Around 80% of records not available to public. Minsky tool has access to around 2X number of pubs compared to Dimensions)
Minsky & Dimensions are innovative search platforms using natural language processing tools to better analyze your specific search parameters.
Eric Maugendre about carbon"The report highlighted some of Europe’s weaknesses, including its openness to global trade, its reliance on advanced technology and essential materials and minerals from overseas, as well as its high energy costs."
#Securitisation is pooling financial assets (such as Small and Medium Enterprise loans or mortgages) into interest-bearing, tradable securities.
William Thomson: https://braveneweurope.com/william-thomson-more-securitisation-creates-less-financial-security
#finance #securities #Europe #EU #EuropeanCommission #banking #lobbying #economics #Minsky #MMT
William Thomson - More securitisation creates less financial security - Brave New Europe
Deregulating finance is in vogue in Brussels once again. William Thomson is a Political Economist and Founder of Scotonomics. (www.scotonomics.scot) Billed as simply a ‘technical reappraisal’, the European Commission has concluded its consultation on a [...]
“ #Minsky (is) very good on all that – the #financialsystem that should be serving the needs of the real #economy actually causes great instability. He deserves credit for that.” #books #JohnMaynardKeynes #Keynes #HymanMinsky #economics fivebooks.com/best-books/r...
John Maynard Keynes
John Maynard Keynes
Feilner IT@ErikJonker or 15 or 50. Or, as #Minsky said in 1970 "Two to eight years". :-) I'm tense, watching eagerly...