Generational Dynamics Forum - New Site

https://www.bloomberg.com/markets/secto ... data-quote

Uncontrolled capital flight, not a devaluation.
The effect is the maxist and the pareto effect.

http://www.digitaljournal.com/article/326318
Those of History seldom had the time to write it.
The point will be seen those in the middle have to survive
the left and the right as they try to preserve three things alone.
You can only serve one.

“No tree, it is said, can grow to heaven unless its roots reach down to hell.” C.G. Jung

https://www.zerohedge.com/news/2018-06- ... -collapses

https://www.youtube.com/watch?v=_X1EFawvibk

Follow the Bus and money to the next DSM-IV code 301.50 protest encampment.

water wheat weather

“It just didn’t compute to us that the same people creating working-class propaganda are creating essentially propaganda for corporations,” Hayes said.

“We did this really with the goal of building kind of an effective, functional left media structure,” Burton explained.

https://fysociety.net/how-a-ragtag-grou ... s-of-2018/

If you missed the trend the progs have already infested netflix....

The body farm was a warning as they repose in it.

https://www.youtube.com/watch?v=zZ8iyKJbtpI

I don't find this article to be very profound, but this is what a Nobel prize winner in economics has to say on the subject that I found quotable (only one sentence besides the headline and subtitle).

Why Warren Buffett can never be replaced by a computer

Algorithms and big data promise perfectly priced investments but human nature should tell you that's never going to happen.


Indeed, the true source of his [Buffett's] success may consist in his understanding of when to abandon one method and devise another.


Robert Shiller, a 2013 Nobel laureate in economics, is professor of economics at Yale University and the co-creator of the Case-Shiller Index of US house prices. The third edition of his book Irrational Exuberance has just been published, with a new chapter on the bond market.

https://www.afr.com/personal-finance/sh ... 716-gidhft


The concept of knowing intuitively when to abandon one method and devise another is important and speaks to the inherent nonlinearity of markets that Ken Fisher refers to as a reason that computers will never beat the best human traders.

> Why Warren Buffett can never be replaced by a computer

> Algorithms and big data promise perfectly priced investments but
> human nature should tell you that's never going to happen.

> Indeed, the true source of his [Buffett's] success may consist
> in his understanding of when to abandon one method and devise
> another.

> Robert Shiller, a 2013 Nobel laureate in economics, is professor
> of economics at Yale University and the co-creator of the
> Case-Shiller Index of US house prices. The third edition of his
> book Irrational Exuberance has just been published, with a new
> chapter on the bond market.

https://www.afr.com/personal-finance/sh ... 716-gidhft

Higgenbotham wrote: > I don't find this article to be very profound, but this is what a
> Nobel prize winner in economics has to say on the subject that I
> found quotable (only one sentence besides the headline and
> subtitle).

> The concept of knowing intuitively when to abandon one method and
> devise another is important and speaks to the inherent
> nonlinearity of markets that Ken Fisher refers to as a reason that
> computers will never beat the best human traders.

How do humans develop intuition? Through experience.

How do intelligent computers develop intuition? Through neural
networks. Faster, better.

John wrote: How do humans develop intuition? Through experience.

How do intelligent computers develop intuition? Through neural
networks. Faster, better.

I was on the floor of the CBOT in 1994 talking to a trader who said he was using a neural network. If that's what you think programmers are going to lean on to beat human traders, something different will need to be devised because after 24 years of development it hasn't been successful. The billionaires are still humans and there's no Deep Blue equivalent trading computer that's amassed a billion dollars and there won't be.

Kicking the shit out of these computers every day is getting really boring. That's why I'm going back to work at a job that's actually challenging and difficult.

John wrote:That guy's a real sicko.

He's another liberal perpetrating acts he claims to be against. It's becoming commonplace.

thomasglee wrote:

John wrote:That guy's a real sicko.

He's another liberal perpetrating acts he claims to be against. It's becoming commonplace.

I can stomach reading just about any news, but that was very, very difficult to read. I couldn't get through it.

Higgenbotham wrote: > I was on the floor of the CBOT in 1994 talking to a trader who
> said he was using a neural network. If that's what you think
> programmers are going to lean on to beat human traders, something
> different will need to be devised because after 24 years of
> development it hasn't been successful. The billionaires are still
> humans and there's no Deep Blue equivalent trading computer that's
> amassed a billion dollars and there won't be.

In 1994, computers could beat humans at both chess and go.

Computers were not powerful enough to handle more than a few megabytes
of data to train a neural network, and the data had to be compiled and
fed in.

Today's computers are tens of thousands of times more powerful than
they were in 1994.

Today, a computer could trivially beat any human at chess using a
brute force minimax algorithm.

Today, Google's computer could beat anyone at go using an advanced
neural network algorithm augmented with their deep learning
algorithms.

Today, computers are powerful enough today for neural networks to be
trained on infinitely more data than Warren Buffett could learn from
in his entire lifetime. Not only that, it can learn on its own by
scanning the internet.

If humans are still better at some things today, that list of things
will be reduced with time.

By 2030, multiply that power by more tens of thousands, and humans
don't stand a chance. I won't be alive to see it, but maybe you will.
Enjoy!