Wednesday, June 12, 2024

Greed Making World Unmanageable

UnHerd reported Twitter founder Jack Dorsey saying social media is robbing us of free will:

“We are being programmed based on what we say we are interested in,” he said. “As we engage and interact with this content, the algorithm continues to build more and more of this bias."
CNET reported on artificial intelligence (AI) and its ability to cause harm:
"AI companies possess substantial non-public information about the capabilities and limitations of their systems, the adequacy of their protective measures, and the risk levels of different kinds of harm," they wrote. "They currently have only weak obligations to share some of this information with governments, and none with civil society. We do not think they can all be relied upon to share it voluntarily."
Among the possible harms: entrenchment of existing inequalities, an increase in misinformation, and the "loss of control of autonomous AI systems potentially resulting in human extinction."
Dorsey shared his concerns about social media manipulation:
"It’s effectively a black box — you can’t predict how it’s going to work or what it’s going to show you.”
And AI is a black box of much greater magnitude.

Dr. Edwards Deming, noted management theorist, stated in his last interview:
Any decision that management makes, that anybody makes for himself or for other people, is prediction. The simplest plan is prediction, with a chance to be wrong. How may I get home tonight? I predict that my automobile will start and run, or that the bus will come, or that the train will come. I make plans. Those plans are predictions. Management is prediction; our lives are prediction. We predict what will happen. We try to choose a course of action that will react in favor of us. That's our aim. We predict the consequence of actions.
Robbed of free will and unable to predict?  There would be lots of suckers to fleece.

And what's being sold to the manipulated masses?  Cryptocurrencies, private equity and AI.  They're all high tech pick pockets and care not if its your wallet or your will.  They may just take both.

Beware the social media bump and lift, the AI fast one, fraud based crypto and the PEU bunco.  What's predictable?  The rich will get much richer, the powerful will become even more powerful as the choreographed dance between them becomes more dysfunctional and distorted. Our leaders have no intention of protecting citizens.  You are on your own.  

Greed is making the world unmanageable.