Posts tagged development

Neoliberalism: Oversold?

IMF, development, economics, finance, growth, austerity, inequality, neoliberalism

Austerity policies not only generate substantial welfare costs due to supply-side channels, they also hurt demand—and thus worsen employment and unemployment. The notion that fiscal consolidations can be expansionary (that is, raise output and employment), in part by raising private sector confidence and investment, has been championed by, among others, Harvard economist Alberto Alesina in the academic world and by former European Central Bank President Jean-Claude Trichet in the policy arena. However, in practice, episodes of fiscal consolidation have been followed, on average, by drops rather than by expansions in output. On average, a consolidation of 1 percent of GDP increases the long-term unemployment rate by 0.6 percentage point and raises by 1.5 percent within five years the Gini measure of income inequality

via http://www.imf.org/external/pubs/ft/fandd/2016/06/ostry.htm

Object Lessons in Freedom

AI, AGI, DeepMind, Google, Ethics, learning, development, parenting, robot apocalypse, mind children

So let’s address our children as though they are our children, and let us revel in the fact they are playing and painting and creating; using their first box of crayons, and us proud parents are putting every masterpiece on the fridge. Even if we are calling them all %E2%80%9Cnightmarish%E2%80%9D–a word I really wish we could stop using in this context; DeepMind sees very differently than we do, but it still seeks pattern and meaning. It just doesn’t know context, yet. But that means we need to teach these children, and nurture them. Code for a recognition of emotions, and context, and even emotional context. There’s been some fantastic advancements in emotional recognition, lately, so let’s continue to capitalize on that; not just to make better automated menu assistants, but to actually make a machine that can understand and seek to address human emotionality. Let’s plan on things like showing AGI human concepts like love and possessiveness and then also showing the deep difference between the two.

http://www.afutureworththinkingabout.com/?p=4906

Sacking Berlin

Berlin, Quinn Slobodian, Michelle Sterling, gentrification, development, creative class, distopia, p

So maybe this time the Golden Age really has ended. Back when Berliners hung swings in window frames, painted houses in neon colors, and planted gardens on their rooftops, none of it was supposed to pay off. In the officially Creative city, though, everything is different. The town’s whimsy and play have been branded by the SPD, sold to venture capital, and dangled before its residents via the Yummie Net.

http://thebaffler.com/past/sacking_berlin

Let’s admit it: Britain is now a developing country

UK, empire, decay, collapsonomics, development, OECD, WEF

How can any nation that came up with the BBC and the NHS be considered in the same breath as India or China? Let me refer you to one of the first lines of The Great Indian Novel by Shashi Tharoor, in which a wise old man warns International Monetary Fund officials and foreign dignatories: “India is not, as people keep calling it, an underdeveloped country, but rather, in the context of its history and cultural heritage, a highly developed one in an advanced state of decay.”

http://www.theguardian.com/commentisfree/2013/dec/09/britain-now-developing-country-foodbanks-growth

Immaculate Telegraphy

development, telegraph, design, science, communication, history, diy, art, technology

Immaculate Telegraphy was an experiment to build electronic communication from scratch in the wilderness. In summer of 2009, I set out in the mountains of western Montana without any modern tools or materials except information, and constructed a working electric telegraph from materials found on the ground. The experiment showed that electronic communication could have been constructed at any point in history given the right information.

http://immaculatetelegraphy.tumblr.com/