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It's Time To Ignore Petty Politics and Focus On 'Transformative' Tech: Eric Schmidt (techcrunch.com)

Eric Schmidt, Executive Chairman at Alphabet in an interview said that we need to focus more on the possibilities of advances in biology and medicine as well as AI. But he feels people are spending "all our time arguing about political issues that are ultimately not that important." He urges people to stop doing that and work on things that are transformative. He added: "We've gone from an era where we thought about solving problems that were very, very big," he said. "We now define them as problems of special interests. Everyone's guilty. I'm not making a particular political point here." Schmidt seemed excited enough about the possibility of medical breakthroughs that Rose asked him: If he was starting over today, would he be more likely to go into computer science or biology? "Both are having a renaissance," Schmidt said.

17 of 141 comments (clear)

  1. Eric? Can you come out of the ivory tower a sec? by Opportunist · · Score: 5, Insightful

    It's all really lovely and swell that we're on the verge of making incredible medical and scientific progress and certainly we, as a species, should put our minds to such ideas.

    It's just hard to argue that to people whose most pressing problem isn't curing cancer but finding a place to park the car they live in 'cause they got evicted. They might have a different idea of "important".

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  2. Not a Dichtotomy by gurps_npc · · Score: 2

    It's not an either/or situation - we can argue about EVERYTHING.

    If your point is that some people are bad at arguing and making no sense, that's one thing.

    But claiming that an argument isn't important enough to fight about just makes you look stupid.

    Because the people that are getting screwed over by X definitely want to fight it.

    --
    excitingthingstodo.blogspot.com
  3. The problem is by Kierthos · · Score: 5, Interesting

    If we don't pay attention to politics (and oftentimes, even if we do), thundering idiots who don't have the slightest understanding of science, technology and so forth get elected. And proceed to use that lack of understanding like it was something to be proud of when they pass laws.

    You get idiots in Congress who don't know the difference between weather and climate, or claim that we don't have to worry about rising sea levels in coastal areas because "God promised he would never flood the earth again".

    We get politicians who want "small government", unless it involves regulations on your genitals, which they seem inordinately fond of passing.

    We get ones who can't even understand email regulating the Internet, ones who aren't doctors regulating medical procedures, and so on. People passing laws based on their religious beliefs and then getting a case of chapped ass if anyone dares compare it to Sharia law.

    If we don't pay attention to it, it just gets worse.

    --
    Mr. Hu is not a ninja.
    1. Re:The problem is by bluefoxlucid · · Score: 2

      Adjusted Gross Income (the amount of money on which businesses and individuals pay taxes--for businesses, we call it net profits). I did the math in 2013, and the cost of welfare was 17.2% of AGI while the Dividend was slightly-cheaper. I advocate a long-term fixed flat funding rate for the Dividend as a way to ensure the baseline standard-of-living grows at the exact same rate as the economy.

      I did a lot of work identifying risks, costs, and transitional considerations, as well as generating a variety of long-term tax plans. The two major issues I'm still dealing with are a temporary top tax raise (I don't want the top tax bracket above 40%, but the blunt instant-transition is 43%; that actually puts $17,000 more income into the hands of consumers at an $80k income level, so a staged transition would reduce the shock as well as the peak) and a bootstrapping problem (if you start with $0, no friends, no charity, and no possessions, the first 3-4 months are financially-tight because utensils, pots, and pans cost a significant amount of money). It's viable, but not *perfect*.

      The basic concept is on my blog. The only transitional consideration I've publicly addressed is Social Security retirement; I've put in some analysis of HUD in particular alongside this. Because the Dividend pays enough for food, clothing, and personal care, plus a remaining combined family (children) welfare system (1.4% cost) covers families with children, food stamps and related support are obviated; however, HUD recipients require continued assistance until the markets adjust to the availability of a stable income.

      Notably, while I target the complete elimination of homelessness and hunger by creating a stable bottom-end consumer who can afford housing (224sqft per person), there are huge advantages to the working poor. HUD is a particular pain point, with 75% of Americans qualifying for HUD going directly and PERMANENTLY onto a waiting list and NEVER RECEIVING BENEFITS; and, despite food stamps, 50 million Americans live with food insecurity, not getting enough to eat every day. The lift for families on HUD would allow them to move into non-baseline housing (they have incomes, albeit low), and the transitional concerns are that such a move is natural *and* requires the market to locate, prepare, and market that housing.

      There's also consumer market considerations outside the poorest of poor.

      I did tax liability computations and found that, comparing to today's Federal taxes (including OASDI), my tax brackets leave the single-adult, minimum-wage household with $6,229 more take-home income; the two-adult, married-filing-jointly, one- or two-minimum-wage household with $14,600 +/- $50 additional take-home income; the two-adult, married-filing-jointly, median-income ($54,462) household with $12,892 additional take-home income; and some significant range of married-filing-jointly, two-adult households including the range of $80,000 to $144,000 (the top 10% Americans households make over $144,000) an additional $17,227.

      Amusingly, a married-filing-jointly household with an $84,290 pre-tax income actually takes home exactly $84,290 (before state taxes). Below this, they take home more than their actual wage. Above this, they take home less.

      At $1,000,000 anual income, your take-home is $9,126 higher; at $10,000,000, it's $116,874 lower (1.17% additional effective tax rate); and at $25,000,000, it's $326,874 lower (1.31% additional tax rate). Scaled to the median income ($54,462), an additional 1.31% tax would represent $713/year or $59/month in additional taxes; nevertheless, I consider such tax bumps unfortunate, and would want to move slowly into them and then reduce

  4. Hold the front page by Oxygen99 · · Score: 3, Insightful

    Man rich enough to transcend politics tells those who aren't to stop worrying about it.

    Things that are transformative usually involve transforming things for the worse as well as the better. Politics should protect people from that.

    --
    I had a dream, bright and carefree, but now there's doubt and gravity
  5. you first, Eric by turkeydance · · Score: 4, Insightful

    put aside your politics first

  6. Re:FUCK EUROPE by neoritter · · Score: 2

    Eric sounds like a fucking cult leader.

  7. Re:FUCK EUROPE by Anonymous Coward · · Score: 2

    Unfortunately, most of what that troll says is accurate. His big mistake is in thinking that everywhere else on the planet is any different, conveniently ignoring similar problems and atrocities in Asia, Africa, the Americas, and just about anywhere else on the globe. One could, by replacing the proper nouns in the rant above, make it a rant about any continent or even country in the world. Anyone want to play ad-libs below?

  8. Re:Eric? Politics can & has killed people. by BoRegardless · · Score: 2

    Whole countries have been taken down because of political decisions, so I don't consider it "Petty."

    Germany essentially does not have long term debt or unfunded liabilities of consequence because they know the effect from their post WW1 collapse. Nicaragua is seeing the result of petty politics today. Argentina arguably has been held down for a century by bad politics. Brazil has its problems today because of politics. China had it.

    Schmidt looks at himself as omniscient now.

  9. Re:Eric? Politics can & has killed people. by swb · · Score: 2

    Argentina could have basically been further developed than most European countries by now if they would have had saner politics.

    I can't even say I really grasp the political divisions there -- it doesn't even seem to follow the basic left-right axis, it's like its following some z-axis of its own making.

  10. Re:FUCK EUROPE by rickb928 · · Score: 3, Insightful

    "Europe is far more racist than the United States, and that's despite strong prohibitions against hate speech."

    And so we confront the problem - hate-thought. Good luck making that illegal.

    All politics is someone's morality.

    --
    deleting the extra space after periods so i can stay relevant, yeah.
  11. Re:Eric? Can you come out of the ivory tower a sec by jellomizer · · Score: 2

    The issue is that I haven't heard anything new out of politics for a while.
    Party A: Wants more government control except for what conflicts with their special interests group.
    Party B: Wants less government control except for what conflicts with their special interests group.

    Now the special interests groups swap around over time.

    So politics will go to normal progress if they like it they will give it money if they don't they will not.

    --
    If something is so important that you feel the need to post it on the internet... It probably isn't that important.
  12. Re:FUCK EUROPE by ShanghaiBill · · Score: 3, Insightful

    getting caught up in political garbage rather than focusing on the collective ascension of the species

    The problem with "getting rid of petty politics" is that the only way to get rid of it is to impose one viewpoint. So how do we fix the transgender toilet issue? Do we tell the TG people to just shut up and use the toilet matching their birth gender? Or do we override the democratic rights of the people of North Carolina? To most people, one or the other of those is "obviously" the right solution, but we don't agree on which one. So who gets to decide? And how do we force the "losers" to accept the decision (especially if they turn out to be the majority)?

    People don't even agree that "transformative technology" is a good thing. There is strong opposition to GMO. Many people fear AI. Workers don't like robots "stealing" their jobs.

    Anyway, I don't really see "petty politics" as impeding tech. If anything, it is the other way around. If the politicians are busy arguing about toilets, they have less time to interfere with the economy, regulate innovators, and "pick winners". The last time the economy was truly "booming" was when the politicians were focused on Bill Clinton's blowjobs.

  13. Re:FUCK EUROPE by fluffernutter · · Score: 3, Insightful

    Personally I think the politicians keep arguing about toilets because the solutions to all the *real* issues will not be liked by their rich friends. Politics have become too dependent on money, so politicians are not likely to make decisions that will get them less money. The elephant in the room is that something needs to be done with companies who have become too large and drain too much from the economy but that will never happen under current system.

    --
    Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
  14. Re:Eric? Can you come out of the ivory tower a sec by luis_a_espinal · · Score: 2

    In this economy, you're better off without a job than you would be with a lot of the jobs that are offered...

    I know a few unemployed people who will be happy to tell you that you are just talking out of your ass. Seriously, who the hell could possibly believe such a blatant falsehood?

  15. Re:To be blunt, you are very wrong by ultranova · · Score: 2

    To be very blunt, the people involved in the unrest really do not matter to technical advance.

    To also be very blunt, technical advance doesn't create a bright fututure - or have any impact at all - unless you can get its fruits into the hands of people. And that's pretty difficult to do if they're preoccupied with killing you.

    Only a small percentage of them would be of any use even if they could be interested in technical advancement, so frankly it is better for technical people to ignore civil unrest - beyond finding somewhere to work that is more isolated from the practical effects of same, which is what they have done with Silicon Valley.

    To continue being blunt, Silicon Valley is neither self-sufficient nor a fortress. Should civil order break down, it's not going to be Galt's Gulch, it's going to be a tomb, with the only question being whether the "technical people" get lynched or starve first. And even in the unlikely event that Silicon Valley would emerge more or less intact, with the rest of the country collapsed it won't be able to afford to feed a large population of "technical people" who aren't immediately productive.

    Civil unrest will always come and go in waves, I would argue it is basically utterly irrelevant compared to advancing technology which drags forward all of humanity, willing or not.

    And yet more bluntness: civil unrest comes and goes in waves. Sometimes it goes because people get what they wanted, and sometimes because the entire society crumbles and results in another Dark Age. Seeing how what people want typically amounts to bread and circuses, and we have an abundance of both, wouldn't it make more sense to appease the unwashed masses than letting the situation escalate?

    --

    Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

  16. Re:FUCK EUROPE by tburkhol · · Score: 3, Insightful

    Rich people invest in transformative tech innovation. Poor people don't.

    Rich people invest in rent-seeking. Poor people figure out new ways to do stuff. Like Elon Musk, who turned $30k into a $300M internet-Fodor's, then turned that into an internet prepaid credit-card. Or like Eric Schmidt, who worked his way from public high school to chief of Alphabet.

    OK, maybe not poor poor, but technical revolutions are not started by some rich dude looking for something interesting to do with his money. Once you're rich, your main concern becomes staying rich. Technical revolutions are started by relatively ordinary people doing something interesting, then going out and borrowing money from some rich dude.