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Category Archives: Technology

Bill Gates Triggers the Left with “Hate Facts”, by Onar Am

Life has gotten a lot better for most of the world’s population over the last two centuries, due to the one “ism” that works: capitalism. From Onar Am at libertynation.com:

During the heyday of Windows in the 1990s, Bill Gates was vilified as an evil capitalist. Then he started the Bill and Melinda Gates Foundation aimed at helping the poor and making a better world, and slowly his name was transformed on the left into something akin to a decent human being. However, he recently tweeted a highly controversial fact: Extreme poverty is rapidly being eradicated.

His tweet shows an infographic by Our World in Data with the development of key factors, such as education, child mortality, and extreme poverty in the last 200 years. He has the audacity to celebrate when poverty is overcome. Apparently, Gates isn’t just virtue signaling to the cultural elites. He truly seems to care about the poor, and is genuinely happy when poverty is alleviated. Also, he isn’t afraid to give credit where credit is due.

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The Shared Economy is About to Be Dumped, by Omid Malekan

Are the sharing economy tycoons ringing a bell at the top? From Omid Malekan at medium.com:

Trying to top a market is extraordinarily difficult, and always easier to do in retrospect. But that doesn’t mean that everyone should own every asset in perpetuity. Sometimes the smart thing to do is sell, and one way to know when is by watching those who know more than you.

Back in 2007, just as the real estate market was getting frothy, Sam Zell, one of the greatest property investors of all time, sold his iconic company to Steve Schwarzman’s Blackstone in the largest LBOs in history. A few months later, Schwarzman, an iconic investor himself, took Blackstone public, effectively selling his most prized asset. One year later everything crashed.

This year is shaping up to be the year the shared economy goes public, with IPOs expected from Uber, Lyft, Postmates & AirBnB. One conclusion is that the industry has finally reached maturity. But another one is that the smartest people in Silicon Valley — the founders and early investors in these companies — are all looking to sell the same asset class. Let us consider why.

There are countless arguments as to why these are great companies and everyone should invest in them. But there is also an argument that they are doomed to fail, because the business model of the centrally owned platform, where individuals take all the risk but the platform captures a substantial portion of the upside, is not sustainable.

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The Snowflake Barons Are Eating Each Other, by Mytheos Holt

Things aren’t going so well for the social media and tech barons. From Mytheos Holt at spectator.org:

In 2008’s iconic superhero film The Dark Knight, Heath Ledger’s Joker barks at Christian Bale’s Batman:

Don’t talk like one of [the cops]; you’re not! Even if you’d like to be. To them, you’re just a freak, like me. They need you now, but when they don’t, they’ll cast you out like a leper. See, their morals, their code, it’s a bad joke, to be dropped at the first sign of trouble. They’re only as good as the world allows them to be. I’ll show you, when the chips are down, these civilized people? They’ll eat each other.

He might as well have been talking about Silicon Valley.

Twenty-eighteen was a bad year for the totalitarian titans of tech. Faced with one scandal after another, the industry retreated behind a wall of lobbying money, hoping their bank accounts would shield them from their increasingly ugly image in the public eye as politically bigoted, misanthropic, overgrown children, incapable of following rules, norms, or even laws.

Twenty-nineteen doesn’t look to be much better. European governments, and the European Union itself, have begun sharpening their swords for the industry, albeit sometimes in ill-advised ways. California has passed a brutal consumer protection bill that opens big tech to a host of lawsuits for privacy-related offenses. President Donald Trump’s own son has raised stern alarms about the industry’s power and “gross hypocrisy,” as he put it. Publications formerly friendly to the industry are blasting it for betraying the creators who sustain its business. Like bad imitations of Han Solo, Princess Leia, and Luke Skywalker in A New Hope, the industry finds itself surrounded by filth, with the walls closing in. But, their research into AI withstanding, there is no Threepio around to save them, and unlike Han, Leia, and Luke, Big Tech are the evil empire.

As a result, the industry is doing what any group of cornered predators does, and eating each other to try to stay alive. Thus, a piece in Forbes magazine informs the reader that:

Microsoft, the industry’s journeyman of governmental warfare, is cleverly advocating regulation of a narrow slice of potentially creepy technology: facial recognition. Apple is pointing fingers, suggesting its data-privacy stance is holier than Facebook’s and Google’s. Facebook, in a preview of how the industry will battle its adversaries, has simultaneously called for some form of regulation while darkly warning of the unintended consequences of the wrong kind. (One argument certain to get Donald Trump’s attention: Regulate us too severely, and you’ll only empower our Chinese competitors.)

Probably the most encouraging development listed is Apple’s turn against Facebook and Google. Where once Facebook, Apple, Amazon, Netflix, and Google were regarded as an impregnable block of interests, nicknamed (with predatory appropriateness) FAANG, now the only fangs involved are being stuck in each other.

Politically, they may be the only ones left to care about those fangs. The industry’s pervasive, irrational, and wild hostility to Republicans has converted even the stodgiest establishmentarians, including current (and former) Attorney General William Barr, into vocal public critics of tech. And the aforementioned California privacy law represents a complete failure of the industry’s political power even within its effectively monopartisan own backyard, which suggests that Democrats are no longer willing to carry water for the most vicious monopolists this side of Cornelius Vanderbilt, no matter how performatively “woke” they are.

Indeed, that California law puts tech between a rock and a hard place, as other business interests — and even some tech companies — seem to be anxious to pass a (presumably less stringent) national privacy law aimed at pre-empting the California law before it goes into place. Due to the support of big business, that national plan has the support of Republicans, but that is cold comfort for the biggest tech companies, seeing as debating a national consumer privacy law forces them into a conversation they’ve wanted to avoid for ages: namely, how much consumers’ privacy — in other words, their data — should be protected. What’s worse, having that conversation at the national level may well lead to regulations as strict, or stricter, than California’s being imposed on the entire United States. And even if the regulations aren’t as strict, the days of hoovering up data and violating privacy without anyone’s batting an eye are unquestionably over. Heads, the American people win. Tails, tech loses.

Hence, the nattering nabobs of the net, caught in a trap built from their own missteps, are trying frantically to chew through each other to escape. It will not work. Accountability has come for the snowflake barons, and while defection from the whole may spare some of them the same pain as others, there is no doubt that all of them will be put through pain. It’s about time. After all, their morals, their code, and especially their terms of service are a bad joke to be dropped at the first sign of trouble. And the more Americans realize this, the more they will be ahead of the curve.

 

 

The Real Reason Why Globalists Are So Obsessed With Artificial Intelligence, by Brandon Smith

Brandon Smith makes an incisive observation: the globalists like artificial intelligence because it’s just like them: artificially and soullessly intelligent. From Smith at alt-market.com:

It is nearly impossible to traverse web news or popular media today without being assaulted by vast amounts of propaganda on Artificial Intelligence (AI). It is perhaps the fad to end all fads as it supposedly encompasses almost every aspect of human existence, from economics and security to philosophy and art. According to mainstream claims, AI can do almost everything and do it better than any human being. And, the things AI can’t do, it WILL be able to do eventually.

Whenever the establishment attempts to saturate the media with a particular narrative, it is usually with the intent to manipulate public perception in a way that produces self fulfilling prophecy. In other words, they hope to shape reality by telling a particular lie so often it becomes accepted by the masses over time as fact. They do this with the idea of globalism as inevitable, with the junk science of climate change as “undeniable” and they do it with AI as a technological necessity.

The globalists have long held AI as a kind of holy grail in centralization technology. The United Nations has adopted numerous positions and even summits on the issue, including the “AI For Good” summit in Geneva. The UN insinuates that its primary interest in AI is in regulation or observation of how it is exploited, but the UN also has clear goals to use AI to its advantage. The use of AI as a means to monitor mass data to better institute “sustainable development” is written clearly in the UN’s agenda.

The IMF is also in on the AI trend, holding global discussions on the uses of AI in economics as well as the effects of algorithms on economic analysis.

The main source for the development of AI has long been DARPA. The military and globalist think tank dumps billions of dollars into the technology, making AI the underlying focus of most of DARPA’s work. AI is not only on the globalist’s radar; they are essentially spearheading the creation and promotion of it.

The globalist desire for the technology is not as simple as some might assume, however. They have strategic reasons, but also religious reasons for placing AI on an ideological pedestal. But first I suppose we should tackle the obvious.

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When Bubbles Burst – Tesla, The Everything Cycle and the End of Global Warming, by Tom Luongo

The Tesla company, its cars, and global warming are articles of faith among a certain set. That faith is going to be tested. From Tom Luongo at tomluongo.me:

As the center of the U.S. freezes this weekend, Elon Musk is trying to figure out how to save Tesla from going the way of Enron.

Religions die hard. It takes an orgy of evidence to change a person’s mind on a subject that is integral to their moral and ethical structure.

In the case of Tesla, the mania surrounding it over the past decade has been inextricably bound up with the hysteria of global warming.

For years investors ignored the obvious warning signs that Tesla would never be able to graduate from a boutique, hand-built car manufacturer and technology skunk works to a mass producer.

I’ve been very hard on Musk in the past, with good reason. But, as a guy with vision I applaud him getting Tesla off the ground and legitimizing the idea of the upscale electric car.

But it was never going to work as a mass production scheme because Musk isn’t that guy. He’s a dreamer and a schemer, not a builder. And, as I’ve said multiple times, he should have stepped down as CEO of Tesla ages ago.

A man has got to know his limitations as The Man once said.

Musk doesn’t.

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Warning: Your Identity Will Be Stolen, by Mark Nestmann

The chances your identity will be stolen via online hacking are disturbingly high. There are things you can do about it. FromMark Nestmann at internationalman.com:

The state of online security is so dismal that it’s not a matter of if your identity will be stolen. The only uncertainty is when it will happen – and how often.

Welcome to what I call Hacker World, where malicious web-savvy thieves can steal virtually any asset, file false tax refund claims, and even steal your Social Security benefits.

Recently, I learned that I almost certainly had my identity stolen, for at least the second time. The first time that I know about was in the massive Equifax data breach in 2017.

This time around, it was stolen from Marriot International. Last December, Marriot disclosed that hackers penetrated the company’s Starwood guest reservation database and stole the personal data of as many as 500 million people.

Marriot says hackers accessed customer names, addresses, phone numbers, email addresses, passport numbers, and dates of birth – all information that can easily be exploited to impersonate someone. About 8.6 million encrypted payment card numbers and expiration dates were also exposed.

You might be surprised to learn that I’m not especially concerned about this latest breach. One big reason is that when I learned my data had been stolen from Equifax 18 months ago, I put a security freeze on my credit files.

A security freeze limits access to your credit report to only companies that already have you as a customer. If you have a security freeze in effect and a hacker penetrates a database to retrieve your personal information and succeeds in impersonating you, they’ll find it almost impossible to benefit financially from having your information.

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Scientists Are Hatching Mad Plans to Geoengineer Earth to Save Us from Global Warming, by Barry Brownstein

What could go wrong? From Barry Brownstein at fee.org:

Harvard’s Gernot Wagner wants to save the world from global warming. His method? Develop a new type of plane that will fly more than 4,000 missions a year dumping particulates into the stratosphere.

Wagner and his colleague Wake Smith call the proposed plane “SAI Lofter (SAIL).” Anonymous individuals at “Airbus, Atlas Air, Boeing, Bombardier, GE Engines, Gulfstream, Lockheed Martin, NASA, Near Space Corporation, Northrup Grumman, Rolls Royce Engines, Scaled Composites, The Spaceship Company, and Virgin Orbit” provided input.

Estimates for SAIL’s design and operation seem sophisticated but are fabricated. Wagner and Smith admit, “No existing aircraft design—even with extensive modifications—can reasonably fulfill [their] mission.”

Wagner and others believe that scientists can calculate how many particulates will be needed to cool the Earth to a desired temperature.

Wagner and Smith are not alone in their geoengineering dreams. As early as 2006, Paul J. Crutzen, Nobel laureate in chemistry, called for “stratospheric geoengineering research.” Harvard professors David Keith and Frank Keutsch hope to experiment via balloons spraying “a fine mist of materials such as sulfur dioxide, alumina, or calcium carbonate into the stratosphere.” Wagner, Keith, and Keutsch are all part of the Solar Geoengineering Research Program at Harvard.

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