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Posted by Alex in Alternative Institutions, Crowdsourcing, Culture, Economics, Innovation, Investing, Politics on 06 15th, 2010 | View Comments
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Posted by Alex in Evolution, Interconnectedness on 05 10th, 2010 | View Comments
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Posted by Alex in Science 2.0 on 05 9th, 2010 | View Comments
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Three Worldmapper Thoughts...
Posted by Alex in Incentives on 02 5th, 2010 | View Comments
As most of you probably know, Worldmapper had dozens of charts that scale country size to various statistics.  Here are three maps I haven't seen in other blogs, but found interesting and would love to hear what people think about the reasons and implications (and of course how communist/wrong/idealistic I...
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Posted by Alex in Alternative Institutions, Asymmetry, Common Knowledge, Competition, Culture, Education, Government, Incentives, Innovation on 01 20th, 2010 | View Comments
Rick Bookstaber, author of “A Demon of Our Own Design” and Senior Policy Adviser at the SEC has hit the nail on the head as far as the bank reform goes – Breaking the Banks (via Infectious Greed): “It is not the case that the largest banks are the same as other banks, just bigger“ “The...
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Posted by Alex in Alternative Institutions, Common Knowledge, Cooperation, Education, Emergence, Government, Incentives, Limits of Knowledge, Markets, Mutual Knowledge, Politics, Scarcity / Abundance, Superorganism on 01 9th, 2010 | View Comments
Please watch the Zeitgeist Addendum, and RIP: Remix Manifesto Kafka gave us The Metamorphosis.  We have the power to realize our own humility.  Being wrong is irrelevant if you learn from your mistakes and prevent systemic risk from such errors.  How can we be so content with our wisdom if we...
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Turning Japanese, iThink…...
Posted by Alex in Artificial Intelligence, Emergence, Limits of Knowledge on 12 16th, 2009 | View Comments
What do you know about Japan and their economy?  Their nominal GDP and stock market seem to be "losing" relative to other countries, but upon further examination you will find that the real GDP/capita has been quite reasonable throughout the period.  but what's money got to do with it?  Success doesn't...
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Truthocracy – Part IV – www....
Posted by Alex in Artificial Intelligence, Common Knowledge, Creativity on 12 13th, 2009 | View Comments
I guess we already have the  "machine" built.  Its intelligence increases proportionally to # of people and time.  Next year we will celebrate it's birthday :)  Time to get plugged in and kick out human politicians and decision makers.  Of course Rafe and Kevin have already asked the next question -...
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Truthocracy – Part III – MIT...
Posted by Alex in Alternative Institutions, Artificial Intelligence, Crowdsourcing, Trust on 12 1st, 2009 | View Comments
I'll call Rafe's Daniel Nocera Nobel prize in <10 years and offer up that Artifical Collective Intelligence technology developed at MIT CCI will bring such breakthroughs that Daniel Nocera will be one of the last few INDIVIDUAL contributors to our inventive/discovery process.  Yes, they are using the...
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Posted by Alex in Alternative Institutions, Artificial Intelligence, Common Knowledge on 11 18th, 2009 | View Comments
PROBLEMS Our economic system hasn't been self correcting through arbitrage, because markets have stayed irrational longer than one could stay solvent.  Our legal system has not been just because precedents have been bluffed into existence using legal costs instead of legal arguments.  Our regulatory...
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Posted by Alex in Alternative Institutions, Artificial Intelligence, Common Knowledge, Incentives, Social Networks, Trust on 11 12th, 2009 | View Comments
-"Democracy is the worst form of government, except for all those other forms that have been tried from time to time." Churchill (from a House of Commons speech on Nov. 11, 1947)  I've been meaning to do a post on the Bayesian Truth Serum (Prelec), but Tyler Cowen’s post on Range Voting has inspired...
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How Complex Systems Fail...
Posted by Alex in Complexity on 11 6th, 2009 | View Comments
A summary of the 18 points  from an insightul and concise (only 4 page long) paper on Complex System failure (via Infectious Greed).  Number 7 and 8 explain why history rhymes: "7. Post-accident attribution accident to a ‘root cause’ is fundamentally wrong. Because overt failure requires multiple...
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Michael Martin does Soros...
Posted by Alex in Alternative Institutions, Artificial Intelligence, Crowdsourcing, Government, Markets, Socio-technical systems on 11 4th, 2009 | View Comments
(Back from Alex's European adventures) Michael Martin of Broken Symmetry with two incredibly insightful posts on Soros' theory of reflexivity, distinction between social and physical sciences, and the ability of markets to regulate us as well as themselves. 1. "Are markets flawed? Or is it...
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Oprah Knows Why You Are In Therapy...
Posted by Alex in Uncategorized on 10 9th, 2009 | View Comments
Is it any wonder most people go through more than one relationship before getting married?  Do you really find the right person or figure out that it's a system?  Hollywood, what are you doing to us?!: "(OPRAH.com) -- Tricia was depressed. That was her only problem. Although her life had all the right...
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Posted by Alex in Economics, Limits of Knowledge on 10 7th, 2009 | View Comments
Don't throw the data mining baby out with the black swan.  It's what you DO with the data that creates problems, not the misunderstanding according to Taleb himself.  If policy makers aren't looking at this, they're not changing anything: "So the central lesson from decision-making (as opposed to...
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Posted by Alex in Economics, Evolution, Government on 10 1st, 2009 | View Comments
A superb discussion of the need and risks of financial innovation.  Evolution, complexity, simplicity, and why an equivalent of an FDA approval process may be just what the doctor ordered.  Unfortunately critical thinking is probably still required: “We are told, particularly in the U. S., that...
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Last.fm Meet Research Networks...
Posted by Alex in Alternative Institutions, Common Knowledge, Crowdsourcing, Social Networks on 09 29th, 2009 | View Comments
Mendeley.com is doubling every 10 weeks and is on track to surpass the biggest academic databases in the world next year.  What I find fascinating is that it is based on the Last.fm music algorithm/idea, which is now crossing disciplines into science of all things:  “How does it work? At the basic...
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Posted by Alex in Medical Breakthroughs, Models, Science on 09 28th, 2009 | View Comments
Just not for "remembering" things.  We are not memory machines, we are learning machines: “Reconsolidation research has helped foster a growing sense that the flexibility of memory might be functional—an advantage rather than a bug in the brain. Reconsolidation might be how we update our store of...
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Posted by Alex in Evolution, Poker on 09 24th, 2009 | View Comments
Are you bluffing enough or too much?  At work, at home, with friends?  Peter principle?  Good guys finish last?  As in poker, bluffing the bluff wins games.  Now we have The Game and various pickup artists passing on the knowledge (big goofy hat required):  " ...we present an evolutionary model that...
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