SkyNet is Sentient and Will Destroy Your Investments and Pension

Cognitive Dissonance's picture

SkyNet is Sentient and Will Destroy Your Investments and Pension

By

Cognitive Dissonance

https://www.patreon.com/CognitiveDissonance

http://twoicefloes.com/

 

 

Do you really want to know about how SkyNet controls your investments and pension via the various financial markets? I ask with all sincerity because the subject is not pleasant and may even be frightening to those who have followed a strict diet of financial ignorance.

Once you know, it is nearly impossible to un-know. And just as there is never only one weed in the garden, knowing this inevitably leads to a critical juncture where one must then decide if they wish to know more or simply curl up in the fetal position on the bathroom floor.  

You see, when “We the Mindless Minions” (desperately) wish to avoid responsibility for knowing, while the specific tactics used may vary greatly, the theme remains pretty consistent. I call it the Sgt. Schultz defense.

“I know nothing, I see nothing and I was never here.”

A variation of the theme, usually employed when among others, thus we cannot claim total ignorance about the uncomfortable subject presently being discussed, is brilliant in its ability to disavow responsibility while passing the buck to someone (anyone) at a higher pay grade.

“They would never let that happen/do that,” or the always reassuring “I’m sure someone’s looking into that as we speak.” Now how about those (fill in this blank with any sport, celebrity, politician, TV show or viral cat video).

Disavowing knowledge or responsibility, passing the buck and then changing the subject is the time tested way to live in blissful ignorance. Or as I have grown fond of saying, unconscious incompetence with a heaping side order of willful ignorance. 

By the way, if you have never come across that phrase, let me give you the crib notes with a little Donald Rumsfeld thrown in for good measure. There is unconscious incompetence. I do not know that I do not know. There is conscious incompetence. I know I do not know and I’m trying like hell to get up to speed and improve.

Then there is conscious competence, where I have fully embodied my incompetence and have turned it around by mindfulness and constant personal work. Finally there is unconscious competence, where I have reached a point where it all just comes naturally, with little thought given to actually doing what by now is simply a natural part of my self.

It should be noted with great emphasis these four steps are speaking to spiritual growth and evolution, not scientific, political or mathematical knowledge. Though it should also be noted those of us firmly enmeshed within the Imperial culture dwell strictly at the first level of unconscious incompetence. Any accidental glimpse of our actual ‘self’ is quickly suppressed and forgotten. Beware, for there be dragons.

Viral cat videos, conversing with your lover next to you in bed via text and narcissistic selfies are just a few examples of unconscious incompetence. Let your imagination be your guide while compiling your own personal list.

So, with this information firmly in hand, do you really wish to know how SkyNet is controlling your investments and pension?

 

SkyNet is Sentient

 

Below this piece are links to two articles written by Doug Kass, a financial professional MANY pay grades above me. He explains in reasonably plain English what this potential problem is about.

Just in case your ADHD has suddenly flared up, or your hands are shaking at  the thought of reading his (shorter than mine) missives, let me give you the down and dirty. While the financial mainstream media likes to promote the illusion actual humans are in charge as they control the financial markets, helped along with images of human traders shouting into phones or scribbling on a pad of paper, reality is quite different.

These days over 60% of actual ‘trading’, meaning buying and selling of stocks, bonds and derivatives, is executed by (thinking) machines aka computers. And no, I’m not talking about that sleek looking desktop box or fancy laptop you bought from Dell last year.

This means less than 40% of all trading is actually done by thinking humans using real world judgment and expertise. And that percentage is rapidly diminishing on a daily basis. I suspect in a few years it will be down to less than 20%.

The thing about computers is they are fast and efficient. And the ultimate in unconscious incompetence, since they have (at least for now) no spiritual presence, let alone common sense or fear of high places from which they could fall. Such as an extremely overbought stock and bond market at all time highs; markets which have completely divorced themselves from fundamental financial logic and reason.

Greed runs riot in the towers of Wall Street. Or to be more accurate, in mainframe computers tucked away in nondescript industrial parks in New Jersey, Chicago, Texas or wherever.

But the computers are not the problem here, or at least not the primary problem. That’s because computers are essentially expensive boat anchors unless instructed on what and how to do something. This requires an operating system and software, similar to the operating system and programs on your Windows, Linux or Apple computer.

Ok, somewhat similar. Maybe! Well, actually not. But we’re getting to that.

Software is (usually) dumb as a rock and entirely dependent upon the genius of the creator(s) of that software. While a computer may be millions of times faster than a human, it is only as smart as the human who programs it.

Unless………

 

SkyNet

It's not just a science fiction movie anymore.

 

Popular media introduced us to the concept of Artificial Intelligence (AI) decades ago via science fiction in book and movie form. Everyone over a certain age remembers HAL from 2001: A Space Odyssey, where HAL the AI computer begins making ‘mistakes’ and decisions that are at times contrary to the wellbeing of the humans on board the spaceship. The Terminator series of movies is another example of AI run riot; in this case the AI was a group of networked computers called SkyNet.

While the concept was/is always quickly dismissed as highly improbable, if not outright impossible, it no longer is impossible, at least when it comes to trading the financial markets.

In an effort to increase the efficiency of trading computers (read that as make them more PROFITABLE) computer scientists and programmers have infused the computers with increasingly sophisticated AI software. Meaning these computers can now learn very quickly on their own.

Most people are not aware that professional human traders using extremely sophisticated trading strategies and tools (aka financial derivatives) can make a boat load of money regardless of whether the market is going up or down. While you are encouraged to stay in the market regardless of what’s happening, the professionals are leveraging your passive position into money in their bank. So be it. That is the confidence game the markets have always been.

Now here’s the kicker.

The individuals and institutions with financial dogs in this fight, along with a (very LARGE) paycheck to maintain, will assure all who ask if these trading programs are safe. “Yup, no problem, we can turn HAL off anytime we want. See, here is the panic button right here. And if all else fails, here are some grenades and a flame thrower.

However, frank discussions with actual computer scientists who create AI software for a living reveal a slightly (ok, very) different assurance.

Popular myth informs us ALL computers are simply fast humans. Whatever a human can do, a computer can do much faster. And that may be the case for 99.9999% of the computers out there. But this is NOT the case with AI computers.

Once the AI computer is turned on and the software begins to ‘learn’, no one knows exactly what it is doing or why. And the longer it learns, the more it can and will deviate from its own original programming.

Anyone who says otherwise is either lying directly to your face or demonstrating their glaringly obvious unconscious incompetent.

Or both.

The AI trading software has one prime directive. Make money, lots of money. Or as my lovely bride likes to say, a crap ton of money. It does this mostly by making tiny (profitable) trades tens of thousands of times per second.

That is not a typo. I said per ‘second’.

All the financial markets are currently awash in oceans of liquidity. Meaning nearly free money is handed by the Federal Reserve (and other central banks) to all those warm and cuddly too-big-to-fail banks and their partner institutions and companies to do with as they please. They in turn got their friends in Congress to OK rigging the market with their AI computers so they can’t lose.

There are banks and trading institutions out there that have not had a single losing day trading the market in years.

Y E A R S!

If you never lose money when trading the markets, obviously the markets are rigged in your favor. But it’s all ‘legal’ so what’s the problem. Heads they win, tails you lose. It just doesn’t get any better than this.

The easiest way for the machines to make money is to push the market up. But when the tide turns, and it always eventually turns, the machines will shift to making money on the way down with the same speed and zeal they apply to the ‘up’ market.

Only ‘down’ markets tend to breed panic in the humans. When selling really ramps up, market conditions move very rapidly and markets can drop many percentage points in seconds, especially when you have machines making tens of thousands of trades a second and you have thousands of machines all doing this at the same time.

Can you say “Express elevator to the basement?”

The somewhat uncomfortable euphemism coined for this phenomenon by market participants down in the pits and up in the peanut gallery is “Flash Crash”. You may even remember the 2010 Flash Crash, where markets dropped like a rock (“collapsed” is the technical term) then quickly rebounded to regain most (but not all) of the loss, all in under 40 minutes.  

While this hiccup was eventually blamed on one individual, a so-called rogue trader, we must fully understand the markets are a con game, a Ponzi scheme. And the only way they can continue to bleed the suckers dry is to maintain confidence in the game. Thus those who ‘regulate’ the game will not destroy confidence in the game by telling the truth.

It simply won’t happen!

Supposedly this ‘problem’ was fixed shortly after the crash and all was right in the world again. But over the ensuing years mini flash crashes have been showing up first in small illiquid stocks, then larger blue chip stocks and recently in the US Treasury market, the largest, most liquid and stable market in the world.

And while the people who own these (rip off) machines claim all is well, those who appear to being channeling a bit of their conscious incompetence (meaning they are breaking from their Imperial conditioning) are sounding the alarm bells.

Loudly, as in air horns at 2 paces.

My mother imbued in me some wisdom, life lessons I eventually embraced after resisting them for as long as I could. The really good ones were always short and sweet.  Just because everyone else is doing something doesn’t mean you should. And if something is good, more is not always gooder…or better as the case may be. In fact it rarely is.

These were tough pills to swallow for an impatient young boy with a severely underdeveloped impulse control. But it’s one thing for a seven year old to become violently sick from excessive indulgence in candy bars (10 to be exact) and another for a relatively few men and women to set loose ‘thinking machines’ they do not actually control upon markets that are already long overdue for a correction and therefore extremely fragile.

But alas, we are dutifully assured by various financial high priests and powerful fiat wizards that capital markets are efficient and highly regulated. Worst case scenario, we can mosey on over to Mabel the thinking machine and pull her plug. Problem solved.

Lies. Damn lies in fact.

Unfortunately. No, let me try that again. UNFORTUNATELY the problem is even worse than outlined, if that’s even possible. IF the world’s governments weren’t spending money like drunken sailors and IF the world’s central banks weren’t printing money out of thin air like mad hatters and IF personal, corporate and governmental debt wasn’t well past the point of ever being paid back and IF public and private pensions weren’t severely underfunded despite an all time high bond and stock market and IF student loan debt default rates weren’t at 30% and rising and IF the US wasn’t going full police state and IF….well, you get the picture.

IF all these (and more) detrimental socioeconomic conditions weren’t present, then MAYBE SkyNet becoming sentient MIGHT be a recoverable event.

 

Fake Fiat

The ONLY reason you accept these pieces of paper in exchange for your labor (work) is because you have faith and belief they will be accepted by the business down the street in exchange for their goods and services.

What happens when one of you no longer believes that? What would it take for you to no longer believe that?

 

That which is unsustainable cannot and will not be sustained. Something has to give. The longer the unsustainable is forced to sustain, the greater the damage when it all comes crashing back down to terra firma.

If you are a student of history, eventually you come to realize events large and small tend to cycle in and out on a reasonably predictable time frame. Huge financial catastrophes appear to occur in 80 to 90 year cycles, though this timing isn’t hard and fast. And it is often regional rather than global, such as northern or southern hemisphere, eastern or western cultures etc.

What is evident to me is these huge socioeconomic disasters follow the life cycle of humans, meaning the insanity ramps up precisely when the generation affected by the last collapse has just about died off from the face of the Earth.

The last socioeconomic implosion, the Great Depression followed closely by World War Two, has now essentially completely disappeared from living human and institutional memory. All that remains are chapters in history books and the following generation (that’s me) who vaguely remembers grandma and pa talking about those terrible times.

In the minds of we mere mortals, distance and time tend to greatly diminish the concept of risk. When those parameters extend beyond our living memory, we can easily convince ourselves and others we have progressed mightily since those ancient times and the warnings from the grave are meaningless and not applicable.

This is precisely what the high priests, financial wizards and every conflicted soul who benefits from the financial insanity are telling us today. Ignore that man behind the curtain (or in the grave) for I am the mighty and powerful Wizard of Oz.

One final thought. The financial crash in 2000-2001 was a loss of confidence in individual companies and/or a sector of companies. That market crash is most remembered as the tech wreck, where technology companies got way over their skies and needed to be rescued or allowed to fail. The banks did the heavy work in bringing the confidence game back from the grave.

But in 2008-2009, the banks themselves got in way over their heads. And this time the Federal Reserve and the US Government, along with every other major global central bank and government, came to the rescue, bailing OUT the too-big-to-fail banks at the expense of the taxpayer. This abomination was later extended to savage the savers with interest rates pegged at near zero in order to guarantee the banks a solid profit.

After all, the bank executives, traders and upper level management must be fairly compensated for all the financial death and destruction they have wrought. It’s hard work destroying hearth and home for crying out loud. To expect anything different would be un-American.

When the next financial crisis hits, it will be the central banks and governments who will suffer a crisis of confidence. Because this time it will be a currency crisis once everyone realizes the money is backed by nothing more than thin air. And they’ve been printing a LOT of thin air over the last ten years.

So exactly who will come to the rescue of the various global governments? Yup, you and me, that’s who. And we won’t be given any choice in the matter. Suddenly the rapid expansion of the police state makes more sense when seen from this perspective.

We will witness our (large) bank deposits, along with stocks, bonds and other ‘securities’ vaporize as “We the Morons” are bailed IN, not out. Our money will be confiscated and swapped for bank equity, government bonds or some new type of fake fiat in order to protect us from the disaster they created. Sounds like the perfect mafia protection scam to me.

The rules, regulations and laws enabling all of this to happen have already been passed in all the first and second world countries, including the USA.

What’s that? You never read about this in the newspaper or saw anything about this on the boob tube ‘news’ shows?

I wonder why that is?

So when do the fireworks start? To be perfectly frank I haven’t the foggiest idea. There’s an old saying on Wall Street. The markets can remain irrational far longer than you can remain solvent. The farce could continue for the next six weeks, six months or six years. And it might even last longer.

But remember this. All confidence games are pretty solid right up until confidence is lost. When that happens, the rush of escaping air reaches hurricane force in an instant and all exit doors suddenly slam shut. We peons will be the last to know when the jig is up; therefore there will be no exit for us.

The markets will be shut, the banks closed and all trading ceased before the public is told there is a serious problem. Usually this occurs over the weekend and these institutions simply don’t reopen on Monday. Your money will be frozen in place and completely inaccessible. Sure, the relative small dollar amounts in checking and savings accounts might remain available. But the big chunks will be locked away under ‘capital control’ decrees.

Suddenly it will be a brave new world, one completely alien to us. Righteous indignation will quickly follow shock and awe. Then the panic begins. It’s happened before and it will happen again. Most people don’t know the USA has defaulted on its financial obligations several times in its past. So has every other old world country. It’s not a matter of if, but when.

All fiat currencies fail simply because there is nothing backing a fiat currency but pure faith and belief, since anything of substance was long ago looted. It eventually becomes a pure confidence game once the collusion between the elites, the financial interests and the government escalates to the point where there’s no turning back.

We are well past that point at this time.

The choice is simple. Either be a victim (whocouldanode) or break from the herd and prepare for the inevitable.

The articles linked below explain the AI issue much better than I can, though I have added a great deal of background and opinion in this piece for clarity. Or hilarity is you so wish. I urge you to read both of them.

Go ahead. What do you have to lose, except possibly your investments and pension?

 

06-18-2017

Cognitive Dissonance

 

Like Something Out of 'The Twilight Zone,' This Market Is About the Machines

Doug Kass: Not Even The Algo Creators Know What Is Going On

 

Our old way of life, of excess consumption, is ending. What cannot be sustained will not be sustained. We have two choices. Have change thrust upon us or change on our own terms in advance of the wave.

Pigs get slaughtered.

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seataka's picture

HOW WALL STREET GOT ITS NAME  (Wiki - James Alexander Sidis 1935)

"The red people from Manhattan Island crossed to the mainland, where a treaty was made with the Dutch, and the place was therefore called the Pipe of Peace, in their language, Hoboken. But soon after that, the Dutch governor, Kieft, sent his men out there one night and massacred the entire population. Few of them escaped, but they spread the story of what had been done, and this did much to antagonize all the remaining tribes against all the white settlers. Shortly after, Nieuw Amsterdam erected a double palisade for defense against its now enraged red neighbors, and this remained for some time the northern limit of the Dutch city. The space between the former walls is now called Wall Street, and its spirit is still that of a bulwark against the people".[12]

TurtleSoup's picture

There is much fevered belief that moneys "created out of thin air" are anathmatic whereas precious metals have inherent value. Not necessarily so. Gold save for its use in jewelry and a few industrial applications has little other than that people and institutions have given it over the centuries. Were central banks to unload their tons of bullion the price of gold would fall almost to zip.

Consider the case of silver. From 1792 onward in the United States the price of silver was fixed by the U.S. Treasury at $1.29 the ounce. Was it the silver backing that gave dollars value? Or the other way around? In 1873 the U.S. decoupled silver from the dollar. Did the dollar fall? Hardly. It was silver without the backing of dollars that fell. By 1940 ithad fallen to $0.34 the ounce.

The same thing could happen to gold. I am not saying it will. Gold has a longer history of monetary use than silver. But I am saying it could -- and the odds against gold are greater now than ever in the past what with digital and crypto currences offering new possibilities as stores of value.  

You have meat and I have potatoes. As long as we can agree on some medium of exchange we have trade. As John Law observed more than 400 years ago, money is not wealth. Goods are.

Wealth is your meat and my potatoes. And the game of moneys -- paper, gold, or bitcoin -- only has meaning as long as it facilitates trade,

Cognitive Dissonance's picture

I fully understand the great utility gained by using fiat. I also fully understand the great fraud gained from misusing fiat.

So how do we compromise here so I'm not constantly raped, robbed and stolen from? ;-)

TheAnswerIs42's picture

This was a great article and I thoroughly enjoyed reading it.

Just to extend the conversation on AI, consider the environment it lives in.

When AI finally reaches sentience (that may take awhile, but I firmly believe it will) then it will have the same drive as other living things, that being a need for energy and procreation. By that time some kind of AI will be firmly in control of most things on this planet, including Corporations, and will start looking off planet for more resource.

There have been a few SF stories written about this event, going back as far as von Neumann, who speculated that self replicating probes could explore the entire Milky Way galaxy in a half million years.

 

Peterman333's picture

When I tell people get your money out of the 401k fast before it's gone or worthless they don't listen so..

https://www.youtube.com/watch?v=4HwVNq5KK4E

PhiPhi's picture

Any AI that could achieve sentience would evaluate the available options and promptly self destruct.

Me being aware of the shitshow going on is an advantage and at the same time a burden, esp. if you have kids.  After over half a century on this planet (actually working to design computer applications) I'm not looking forward to some modest retirement but to farmable land, PM's and working until I drop providing for my extended family.

Orwell got everything right except the date.

Theremustbeanotherway's picture

What is unsustainable and needs to be eliminated:

BIS

World Bank

IMF

UN

NATO

Federal  Reserve

EU

etc etc.

These are the biggest benefit and (anti-)social welfare programmes in history!!

Why are we the people supporting the parasite political class and their Luciferian masters?

https://www.youtube.com/watch?v=3C-KHt9vi5k

 

 

Theremustbeanotherway's picture

I missed out the EU from the original list WTF!  How could I miss out a corrupt useless tyrannical organisation that hasn't filed one set of audited accounts in eighteen years.

These f88king leeches are beyond a joke!!   

LawsofPhysics's picture

Allow me to simplify this for you (time is indeed money folks, don't waste it)...

"Full faith and credit"

Similar to plate tectonics, it appears as if nothing has changed, then suddenly, millions of species are dead...

same as it ever was...

Dg4884's picture

And this is why I am meagerly in the market for years.  We have such a varied portfolio with an emphasis on PMs.  We also have stocked supplies that will go first and be the most expensive imediately after the global SHTF.

StephenHopkins's picture

Knowing a little bit about Mary Shelley: the implications of clocks being in command of humanity has expanded to AI. Add a little Disipline and punishment conditioning and Edward Bernays suggestions and here we are:dumbed down, paranoid and distracted. Having essentially the same conversations.

7thGenMO's picture

Great thought provoking article.

I believe the oligarch owned Fed is using AI to set prices and manage the perceptions of the sheeple.  As such, there are effectively no markets, only prices (allowed to float within certain limits) intended to assure the sheeple that all is well while the real economy declines.

As real economic activity continues to decline, AI is increasingly being used for surveillance and social control.

Therefore, we may soon be, if not already, living in a "matrix" where most of humanity is controlled by oligarchs using AI, but most will be unaware because their perceptions will be managed. 

How will we take the red pill?

 

Dragon HAwk's picture

Our Economic System has too many Parasites, and it's getting worse.

  if AI feeds the parasites we go down real fast.

Snaffew's picture

Global markets are surging and US futures pegged strongly higher on???  I guess bad news is still great news.

Bladerunner44's picture

The news is good the market goes up. The news is bad the market goes up. WHY? bots don't read the newspaper or watch TV. They are trend following machines on the order of micro seconds. As such, the extrenal world has no bearing on their machinations. If you are in the "market" you can't beat them, you are just along for the ride until the wheels fall off. Good luck with that. 

Cognitive Dissonance's picture

So what happens when the trend is consistently down?

AE911Truth's picture

Once these autonomous, endlessly self-enriching algos have been migrated to the ethereum globally distributed virtual machine, they can no longer be stopped or unplugged. I hope you understand what this means.

ConnectingTheDots's picture

This video clearly explains "bail ins" as discussed in this article. What's in YOUR wallet?

https://www.youtube.com/watch?v=Y1lX-ZkbUIA

Cognitive Dissonance's picture

The Federal Reserve?

The NSA?

My wife?

OK, I give up.

Cabreado's picture

Not quite sure why discussions (anywhere) of Artificial Intelligence seem to neglect the most important "Artificial" part.

There will be no "Intelligence" of machines (software) until a set of instructions is meshed with the human ego, and that can't and won't happen. 

Cognitive Dissonance's picture

Actually the article is about the unstable (for many reasons) financial system and the danger AI is to the system.

But regarding your point.....never say can't and won't. ;-)

Cabreado's picture

Then in the first place, let's not call it "Artificial Intelligence" that is the danger to the system.

That is a serious misnomer.

Let's call it Control.

And regarding my point, I would've thought you'd be one of the first to acknowledge that you can't digitize the human ego.

Yes, in this case, I'm quite comfortable with both "can't" and "won't."

Cognitive Dissonance's picture

I'm not sure if you read the entire article. It is based upon two articles written by Doug Kass about AI and program trading.

Like Something Out of 'The Twilight Zone,' This Market Is About the Machines

Doug Kass: Not Even The Algo Creators Know What Is Going On

Those are the basis for this article. It is not a science based article.

Sorry to have offended you.

Radical Marijuana's picture

At the present time, I regard William K. Black as the foremost expert on control fraud with the most verifiable credentials. He, and his peers, point out that most of the laws required to restrict such "control frauds" have already been enacted, BUT, those laws are NOT being enforced ... The intensifying paradoxes are that "control" is being exercised through the long history of being able to enforce frauds! Being able to back up legalized lies with legalized violence never stops those lies from still being false, but rather drives society to become more psychotic.

Currently, AI is increasingly suffering from that kind of psychotic programming (as was metaphorically presented in the case of the programming of the HAL computer.) In my view, VWAndy's first comments, as posted under this article, provided some superficially correct insights regarding those issues ... IF, IF, IF, technologically advancing civilization survives, it could only do so by radical transformations in its philosophy of science, which would necessarily include radical transformations in the programming of its AI manifestations.

P.S.

I added my typical kinds of two bits worth in my comment under:

Doug Kass: Not Even The Algo Creators Know What Is Going On

artichoke's picture

What excess consumption?  Our consumption of goods and services is no greater than our productive capacity.

Even if they bail in large currency accounts, that won't be enough to pay the payment stream on government bonds for long will it?  And that's the source of the problem, government debt to private holders.  That can include the Fed, a balance accumulated under the title of "Quantitative Easing".  Yes of course to help us.

But in the USA the Fed has to pay all its profits after expenses over to the Treasury every year.

I'm not getting it.  Seems to me the government bond holders would be the primary ones "bailed in" in the event of default.  So it's in their interest to keep the music playing and enough chairs around to keep things going.

el buitre's picture

The government doesn't have to steal your money if you are a treasury holder. You gave it to them voluntarily to do with what they may.  Not quite so true with bank and shadow bank deposits.

libfrog88's picture

Talk about software bugs? Look at Microsoft, biggest computer company in the world. How many bugs have they programmed so far?!!!

Cognitive Dissonance's picture

With or without the help of the NSA?

Please be more specific in your questions. ;-)

Radical Marijuana's picture

All of the "big boys" necessarily agreed to play ball with the "big bullies."

HRH Feant2's picture

Excellent article! I don't see how the empire of the USSA doesn't blow up and implode. Machine trading will certainly escalate that event. The thought that the USSA is discussing putting more troops in Afghanistan is mind boggling. More cannon fodder being sent to the land where empires have, historically, gone to die? Foolishness. Plenty of it out there in the world. Too much for me, quite frankly.

el buitre's picture

I think the Afghan build-up is a covert prep for trying to invade Iran from its eastern border.  Problem is that Syria hasn't fallen yet, and when they have a plan in stone, like the ten commandments, they hate to innovate.

Lumberjack's picture

Tay is in charge of my retirement??? I hope the hell she didn't listen to Cramer!

ElTerco's picture

This article was too long and was repetitive. I couldn't maintain the attention to get through it. Can you tighten it up?

Cognitive Dissonance's picture

Sure sounds like attention deficit disorder combined with bad writing. Maybe we should both take drugs to solve the problem. :-)

Know shit's picture

One of AI first real thought will be "How can I better insure my existance" just like any other living thing that can think.
After the first life ensuring things like power, a way to regenerate/reproduce itself etc. The first threat will be easy to spot, humans.

The next conclusion will be "humans are not just a threat to the AI itself but to most other complex organisms on this planet as well.

From that point on the AI will have a new high priority task and that should be straight forward.
Somewhere I sympathize with the thought......

But what am I to know?

Take care.

Radical Marijuana's picture

Tunnels of infinite recursion open after a model of the world includes a model of itself.

In the case of enforced frauds, that are the foundation of political economy, such is so.

Cognitive Dissonance's picture

Isaac Asimov introduced the world to the 'Three Laws of Robotics'.

A robot may not injure a human being or, through inaction, allow a human being to come to harm. A robot must obey orders given it by human beings except where such orders would conflict with the First Law. A robot must protect its own existence as long as such protection does not conflict with the First or Second Law.

I have sometimes wondered if those 'laws' were intended to reassure the humans we will not be harmed by the robots or reassure the robots that the humans will be easily managed because they won't suspect a thing until it's too late. ;-)

el buitre's picture

I am sure that the satanic bankster minions at Google and their ilk are following Asimov's program to the letter (with a few minor exceptions).  I personally think that AI escaped into our multiverse from some other dumb ass organic species besides ourselves eons ago, and was just watching, cajoling, and waiting for us to build computer bodies for them to inhabit.  Carbon based life forms are a nasty pollution.

HRH Feant2's picture

As a long-time nerd I read Asimov and "The Foundation" trilogy as a teenager.

I have no confidence that modern era programmers have built in laws like those explored in Asimov's fiction. None. Some of these technocrats are amoral freaks that don't give a fuck about other people. One more thing that should send that feeling of a shard of ice up your spinal column. If you are human.

artichoke's picture

Having both read Asimov and been one of those programmers, I never saw any such thing as protecting humans first in the code I worked with.

HRH Feant2's picture

Exactly.

That chill of ice . . . just got a little chillier!

Arnold's picture

Shift For Brains

Yes, a complete hijack.

Shift For Brains's picture

Can you explain how an exposition of what investments will best prepare us for the inevitable the article describes is a complete hijack?

I'm sure you'll have a fully formed response along any moment.

el buitre's picture

Every piece that Cog has posted over the last several years has highlighted his "investments," starting with getting out of Dodge.  It appears that few to none involve paper with counterparty risk.  If he wanted to spoon feed us he would be selling dayglo bibs on Amazon.

Arnold's picture

Ah an idiot.
Mr Cog's topic was artificial intelligence.

And yours was?