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Hmmmm;


A New World Bank Report Recommends That Pacific Island Countries Supporting or Considering Deep Sea Mining Activities Proceed with a High Degree of Caution to Avoid Irreversible Damage to the Ecosystem, and Ensure That Appropriate Social and Environmental Safeguards Are in Place As Part of Strong Governance Arrangements for This Emerging Industry.

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2016-04-21-post-paris

“Inevitably, the compromises of the Paris Agreement make it both a huge achievement and an imperfect solution to the problem of global climate change.”

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“Virtually all new fossil fuel-burning power-generation capacity will end up “stranded”. This is the argument of a paper by academics at Oxford university. We have grown used to the idea that it will be impossible to burn a large portion of estimated reserves of fossil fuels if the likely rise in global mean temperatures is to be kept below 2C. But fuels are not the only assets that might be stranded. A similar logic can be applied to parts of the capital stock.”

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At least in public relations terms, transhumanism is a house divided against itself. On the one hand, there are the ingenious efforts of Zoltan Istvan – in the guise of an ongoing US presidential bid — to promote an upbeat image of the movement by focusing on human life extension and other tech-based forms of empowerment that might appeal to ordinary voters. On the other hand, there is transhumanism’s image in the ‘serious’ mainstream media, which is currently dominated by Nick Bostrom’s warnings of a superintelligence-based apocalypse. The smart machines will eat not only our jobs but eat us as well, if we don’t introduce enough security measures.

Of course, as a founder of contemporary transhumanism, Bostrom does not wish to stop artificial intelligence research, and he ultimately believes that we can prevent worst case scenarios if we act now. Thus, we see a growing trade in the management of ‘existential risks’, which focusses on how we might prevent if not predict any such tech-based species-annihilating prospects. Nevertheless, this turn of events has made some observers reasonably wonder whether indeed it might not be better simply to put a halt to artificial intelligence research altogether. As a result, the precautionary principle, previously invoked in the context of environmental and health policy, has been given a new lease on life as generalized world-view.

The idea of ‘existential risk’ capitalizes on the prospect of a very unlikely event that, were it to pass, would be extremely catastrophic for the human condition. Thus, the high value of the outcome psychologically counterbalances its low probability. It’s a bit like Pascal’s wager, whereby the potentially negative consequences of you not believing in God – to wit, eternal damnation — rationally compels you to believe in God, despite your instinctive doubts about the deity’s existence.

However, this line of reasoning underestimates both the weakness and the strength of human intelligence. On the one hand, we’re not so powerful as to create a ‘weapon of mass destruction’, however defined, that could annihilate all of humanity; on the other, we’re not so weak as to be unable to recover from whatever errors of design or judgement that might be committed in the normal advance of science and technology in the human life-world. I make this point not to counsel complacency but to question whether ‘existential risk’ is really the high concept that it is cracked up to be. I don’t believe it is.

In fact, we would do better to revisit the signature Cold War way of thinking about these matters, which the RAND Corporation strategist Herman Kahn dubbed ‘thinking the unthinkable’. What he had in mind was the aftermath of a thermonuclear war in which, say, 25–50% of the world’s population is wiped out over a relatively short period of time. How do we rebuild humanity under those circumstances? This is not so different from ‘the worst case scenarios’ proposed nowadays, even under conditions of severe global warming. Kahn’s point was that we need now to come up with the relevant new technologies that would be necessary the day after Doomsday. Moreover, such a strategy was likely to be politically more tractable than trying actively to prevent Doomsday, say, through unilateral nuclear disarmament.

And indeed, we did largely follow Kahn’s advice. And precisely because Doomsday never happened, we ended up in peacetime with the riches that we have come to associate with Silicon Valley, a major beneficiary of the US federal largesse during the Cold War. The internet was developed as a distributed communication network in case the more centralized telephone system were taken down during a nuclear attack. This sort of ‘ahead of the curve’ thinking is characteristic of military-based innovation generally. Warfare focuses minds on what’s dispensable and what’s necessary to preserve – and indeed, how to enhance that which is necessary to preserve. It is truly a context in which we can say that ‘necessity is the mother of invention’. Once again, and most importantly, we win even – and especially – if Doomsday never happens.

An interesting economic precedent for this general line of thought, which I have associated with transhumanism’s ‘proactionary principle’, is what the mid-twentieth century Harvard economic historian Alexander Gerschenkron called ‘the relative advantage of backwardness’. The basic idea is that each successive nation can industrialise more quickly by learning from its predecessors without having to follow in their footsteps. The ‘learning’ amounts to innovating more efficient means of achieving and often surpassing the predecessors’ level of development. The post-catastrophic humanity would be in a similar position to benefit from this sense of ‘backwardness’ on a global scale vis-à-vis the pre-catastrophic humanity.

Doomsday scenarios invariably invite discussions of our species’ ‘resilience’ and ‘adaptability’, but these terms are far from clear. I prefer to start with a distinction drawn in cognitive archaeology between ‘reliable’ and ‘maintainable’ artefacts. Reliable artefacts tend to be ‘overdesigned’, which is to say, they can handle all the anticipated forms of stress, but most of those never happen. Maintainable artefacts tend to be ‘underdesigned’, which means that they make it easy for the user to make replacements when disasters strike, which are assumed to be unpredictable.

In a sense, ‘resilience’ and ‘adaptability’ could be identified with either position, but the Cold War’s proactionary approach to Doomsday suggests that the latter would be preferable. In other words, we want a society that is not so dependent on the likely scenarios – including the likely negative ones — that we couldn’t cope in case a very unlikely, very negative scenario comes to pass. Recalling US Defence Secretary Donald Rumsfeld’s game-theoretic formulation, we need to address the ‘unknown unknowns’, not merely the ‘known unknowns’. Good candidates for the relevant ‘unknown unknowns’ are the interaction effects of relatively independent research and societal trends, which while benign in themselves may produce malign consequences — call them ‘emergent’, if you wish.

It is now time for social scientists to present both expert and lay subjects with such emergent scenarios and ask them to pinpoint their ‘negativity’: What would be potentially lost in the various scenarios which would be vital to sustain the ‘human condition’, however defined? The answers would provide the basis for future innovation policy – namely, to recover if not strengthen these vital features in a new guise. Even if the resulting innovations prove unnecessary in the sense that the Doomsday scenarios don’t come to pass, nevertheless they will make our normal lives better – as has been the long-term effect of the Cold War.

References

Bleed, P. (1986). ‘The optimal design of hunting weapons: Maintainability or reliability?’ American Antiquity 51: 737– 47.

Bostrom, N. (2014). Superintelligence. Oxford: Oxford University Press.

Fuller, S. and Lipinska, V. (2014). The Proactionary Imperative. London: Palgrave (pp. 35–36).

Gerschenkron, A. (1962). Economic Backwardness in Historical Perspective. Cambridge MA: Harvard University Press.

Kahn, H. (1960). On Thermonuclear War. Princeton: Princeton University Press.

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“Modern life relies on satellite sytems but they are alarmingly vulnerable to attack as they orbit the Earth. Patricia Lewis explains why defending them from hostile forces is now a primary concern for states”

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Automated online advice platforms, the so-called robo advisors, have long implied the use of algorithms eliminates conflicts of interest. It’s a premise that’s gained traction with both consumers and regulators. But a new report by the Financial Industry Regulatory Authority casts doubt on their ability to do just that.

With robo advisors like Schwab Intelligent Portfolios, Betterment and Wealthfront now managing billions of dollars worth of client assets, FINRA investigated these online advice providers. The regulator released a report Tuesday that evaluated several key service areas including governance and supervision, the suitability of recommendations, conflicts of interest, customer risk profiles and portfolio rebalancing.

FINRA found that while digital advice will likely play an increasingly important role in wealth management, investors should be aware that conflicts of interest can exist even in providers powered by algorithms. Specifically, the advice consumers receive depends largely on the digital advice provider’s investment approach and the underlying assumptions used.

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Barclay Simpson, a leading Corporate Governance recruitment consultancy, has released its annual Security & Resilience market report which suggests that demand continues to rise for cyber security skills as an arms race develops between cyber criminals and those looking to secure systems and data from increasingly complex cyber attacks. With increased prominence and board attention, 68% of managers do not believe their security departments are sufficiently resourced given the demands that are made on them (down from 76%) whilst 69% have recruited or attempted to recruit in the last 6 months.

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Like the idea of using Google to vote online for the best airline, steamed dumpling or health app?

What about using Google to vote for governor or president? That seems to be Google’s plan.

The search giant received a U.S. patent for a voting user interface (VUI). The interface would appear along with search results and would allow the user to vote for one or more contestants competing in a campaign.

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