Down, Down We Go!
- Category: Central Banks
- Hits: 11740
User Rating: 0 / 5
A few days back the boss of the European Central Bank (ECB), Mario Draghi, decided to "do something" about the just horrible, horrible state of affairs that the EU economy is going through. And so, in an act of incommensurable bravery, talent, imagination, ingenuity, innovation and foresight, he decided to take the following measures:
- Drop the ECB interest rate from -0.2% to -0.3%
- Extend Quantitative Easing for another…
Puzzling Puzzles In The South China Mess
- Category: Asia
- Hits: 1819
User Rating: 0 / 5
These days you can't pick up a paper without reading about the "conflict" in the South China Sea. It would seem that a bunch of countries are "disputing" a large portion of the territory under water because it would seem to contain massive natural resources including oil. Fair enough, so far nothing new here.
If you want to educate yourself, head to Wikipediaand search for "Territorial disputes in the South…
BLQ: What Does The Economy Look Under Libertarianism?
- Category: Libertarianism
- Hits: 32774
User Rating: 0 / 5
Actually, we wanted to phrase the title of this article as Basic Economy Under Libertarianism, but given the fact that these are "Burning Libertarian Questions", we had to do it the other way around. Nevermind.
We already approached this subject in our introductory question What Is Libertarianism but we will repeat it again because it is worth repeating because in ultimate analysis this is good stuff.
Theories
Any sort of mainstream Libertarian…
"Tragic But Avoidable"
- Category: Poverty
- Hits: 1910
User Rating: 0 / 5
This has to be one of the most insensitive, moronic, brain-dead, humorous and honest statements we have heard in a long time. It was uttered by the US Army General John Campbell referring to the obliteration (yes, obliteration) of an Afghan hospital by an US airstrike, killing and wounding dozens of civilians. It deserves a place of honour along their equals, of which we quote a few below:
"Those students…
Underground Construction And The Communist Mind
- Category: Libertarianism
- Hits: 32390
User Rating: 0 / 5
Two news appeared in Chinese newspapers yesterday. Both dealt with underground construction. Yes. Underground. As in concrete, brick & mortar below the ground level. And no. This is not a word play. They really are underground constructions. But what interests us is not the fact that they are underground nor the fact that they are constructions. What interest us is the communist mindset in China that the public reaction to…
Gladio: Vatican, CIA, Nazis, Drugs and..yes… your life
- Category: Conspiracy
- Hits: 1948
User Rating: 0 / 5
Since the beginning of this year there has been a rush of books, publications, comments, documentaries and all around Internet fuzz about the now famous Operation Gladio. What is Gladio? In a nutshell, an agreement spanning about 50+ years between the Vatican, the CIA, Nazis, Mobsters, extreme right activists, ex-military, military, Intelligence "Serivces" and so on mostly operating in Europe and Latin America. Gladio is the name of the operation…
We Are Screwed! Be Happy!
- Category: Bureaucracy
- Hits: 32000
User Rating: 0 / 5
A few days back The OECD A Bureaucratic Organization You Should Knowposted its yearly Outlook designed to keep bureaucrats in their jobs. You can read the entire thingy searching for "OECD Economic Outlook - Moving forward in difficult times". However, we would recommend you so only if you can't sleep and heavy sedation is not working. But you don't actually have to. Luckily enough there is sort of an executive…
The Libertarian Ethics Of Artificial Intelligence - Corollary
- Category: Libertarianism
- Hits: 32147
User Rating: 0 / 5
COROLLARY
Today we are going to look at the manner in which Libertarianism can solve the Ethics problem posed by the author's paper and never answered. Not even hinted.
THEIR WAY
Defining the problem
According to them, what designers of AGIs should do is:
- The specific behavior of an AGI cannot be predicted even when all the processes that AGI uses to find an answer are working properly.
- Verifying the ethics…
The Libertarian Ethics Of Artificial Intelligence - Part 5 of 5
- Category: Libertarianism
- Hits: 31053
User Rating: 0 / 5
SUPERINTELLIGENCE
What is this stuff? In some form or another it is a recursive scenario. A what? Glad you asked. The simplest idea is that an AGI sufficiently intelligent to understand itself will be sufficiently intelligent to increase its own intelligence. Time after time. Generation after generation. In a geometric proportion. A what? A Big Bang of intelligence!
What this means in essence is that very intelligent AGIs will leave humans…
