like this in the vicinity of a hostile that is willing to take lives. What a wonderful thing to disable with a cheap jammer. Free bomb for the bad guys. It's already been done with drones and there are hackers now working on how to disable this sort of robot.
The second dumb thing is to be so short-sighted as to not regard how the next robot will be met. Remotely piloted robots are great for dealing with hostage situations in non-lethal ways (enabling communication, ferrying food or medicines for hostages)--or they used to be. Now, every robot will be regarded by the bad guys as a bomb-carrier. Seeing one approaching you there can only be one safe assumption: it is carrying a bomb. Act accordingly.
It is fine to argue the finer points of how to kill someone without exposing law-enforcement to danger. The robot worked very well for that this time. But from here on, it won't go so well and could create an even bigger disaster if the robot gets hacked.
Knowledge is the new currency and it is knowledge scarcity that should be of greatest concern. Currency becomes the abstraction of knowledge in the Information Age.
The complicating factors for achieving this post-scarcity future you describe can be seen using the Toffler power paradigm as outlined in the book Powershift. The premise is that power can take the form of wealth, knowledge, or violence (or the threat of violence) and we are undergoing a major shift in the power dynamic where knowledge is becoming the dominant pillar of power. The book was published in 1991 and holds up extraordinarily well, consider that it was written pre-WWW.
The relevance to an AI revolution is that such a revolution is taking place at precisely the same time as the power transformation to knowledge-dominant power structure. It is not hard to imagine that in the near term, wealth is going to buy better AI--better meaning faster, more accurately predictive, and therefore, a greater ability to manipulate (thus, more power).
There is real potential for the earliest, most powerful AIs to be accessible only to the super-rich, some of whom won't necessarily be philanthropic with their knowledge, but at the same time, be notably philanthropic with their wealth, in order to maintain their power and not incite revolutionary disruption. After all, if one has a magic money making machine (AI making good predictions) then one can afford to keep the masses fed and sheltered.
Some ask for a basic living wage for all. That is Industrial Age thinking when we have already entered the Information Age. The power shift has already happened and while data is plentiful, it is knowledge that remains scarce. AI is as fundamental to the Information Age as the steam engine was to the Industrial Revolution.
The most powerful AIs will be regarded as potential weapons by governments, terrorists groups, and revolutionary movements. Banks and brokers will regard the most powerful AIs as tools for maintaining wealth. Industrialists, see free labor and potential engineering brilliance. For any of these groups, a competing AI is a threat and many will justify actions to eliminate the threat. The rest of us are just hoping for something to do the dishes and vacuum.
propaganda: "unduly arrogant"; didn't understand the limitations of his own knowledge; "usurp the authority". These are not objective phrases. They are used to reinforce opinions and bolster negative emotional responses.
a misplaced sense of security. The building is not securing the source code. You should first focus your efforts on convincing why physical security of the building is not what is protecting the source. I ponder what extraordinary circumstances you might be working under, already. Are there not non-compete contracts in place with current employees?
Regarding hiring outside help, perhaps, there is another issue: assuming your company is in the US, is the code possibly subject to International Traffic in Arms Regulations (ITAR)? If there is a hint of a possibility, then you need to look into this as it will restrict who can be hired to work on the code, as well as the physical location.
I know of one company that was so distrustful of its employees (or, more likely trying to hide something) that only the founders were allowed direct access to the version control system for the flagship product. They had in place a ridiculous check-out, check-in procedure that slowed development, needless to say. It smelled pretty strongly that the source had been ripped off from the founders previous employer and that they worried that access to version control history would reveal that. No surprise that culture there was stifling and the guy I knew that worked there did not stay long.
When putting humans on Mars finally approaches inevitability, historians will attempt to define the starting place for the journey. "...and it all began back in the year ???? with President [NAME]". Bolden's statement is simply posturing the Obama administration as the Kennedy-like launching point to Mars. It is just political bullshit, nothing more.
NASA can wipe the slate clean in 2017, and as long it provides a new plan to keep an experienced work-force from fleeing, the start-over will not doom NASA. In fact, with the pace of technological changes continuing to accelerate, a couple of start-overs should be expected between now and 2039.
for most companies is hugely in favor of the programmers. A few years ago I needed to hire a college-grad CS major for (non-web) software development. I contacted the local university and received several dozen resumes, and nearly every prospect was highlighting their web design experience and looking for a job doing the same. The exception to that were the foreign graduate students, whom I could not hire for security clearance reasons, and one previously home-schooled kid (for high-school) that fast-tracked his way through college and was not stuck in that web design rut like everyone else. While I found two other candidates I could barely justify interviewing (because of what they did for hobby programming, not what they espoused in their schoolwork), the previously home-schooled kid got the job. No contest, really. I was mad at the school for producing so many no-interview/no-hires and wrote them a letter saying as much.
The company I worked for at the time employed 90-100 people, with about 25 of those being software developers. We only had one web designer and he was also doing all the IT in three cities, so web design was very part-time activity. The most important part of our web-presence was CRM software, which we wisely outsourced to a big-name company which hosted that portion for us. We paid that company about half of what we'd pay one full-time programmer and it handled thousands of customers. That left our IT/web designer doing fairly rudimentary web development.
It is a scaling issue. The tiniest company that needs a rudimentary web presence might do web development in-house with a poorly qualified individual and then later maybe outsource to gain a fairly robust but static online web presence. Once they are big enough to hire a competent in-house web person, they still won't need to hire a second web developer until that company is either very large, or doing something very unusually interesting online--and outsourcing can usually be done cheaper in most of those cases.
The bottom line is that you should concentrate on school and the non-web oriented CS courses that school can offer you. Most companies don't need anything fancy or unusual for web design and a university that is pushing more than one class in that area as part of a CS degree is exploiting the students' ignorance of the job market. There is more than enough fundamental things to be learned in CS without getting bogged down in teaching whatever the latest trendy web tools are.
If you need to earn money, offer your part-time services as a consultant to small mom-and-pop businesses that have crappy websites. As a demo, repackage what they have into something less crappy. Send them a link and then offer to revamp and maintain their website. Smaller churches are another good candidate and could probably use a part-time IT person to help them from time-to-time. Line up a few of those each year and you'll have a nice side-business and resume to augment your degree.
Marx also failed to see the term "poverty" encompass such a broad spectrum of living conditions. What was poverty in Europe prior to 1848? Compare that to what we call poverty in the US or EU in 2014. Similarly, compare the living conditions of the working poor in 1848 vs today. If Marx could time-travel to from 1848 to 2014, he might reconsider a great deal of his Manifesto.
You prefer to leave space flight to the whims of a billionaire instead of dictator?
I hope private companies are successful in achieving reliable manned flight, but I don't believe the US should be putting all its eggs in one basket. Until there are viable alternatives, the US would be wise to pursue as many avenues to space as possible.
Except Bolden has said he would recommend killing SLS and Orion if Russia stops flying our astronauts to the ISS.
'Bolden said the space station would probably have to be shut down without Russian transport, and in that case, "I would go to the president and recommend we terminate SLS and Orion."'
.."if Russia stops American astronaut rides to the International Space Station any time soon and before U.S. companies are ready to do the job."
Asshole. How does this even make sense? 'The space station would probably have to be shut down without Russian transport, and in that case, "I would go to the president and recommend we terminate SLS and Orion."'
I thought about your 1) but concluded no, because when companies do this, they acquire proven companies with a predictable revenue stream. Oculus is burning money and their business model relies on a bunch of people adopting new behaviors for interacting with their computers. A killer VR app is needed to make this work, even among the hardcore gamer market. FB is not the killer app for VR, so...there must be much more to this story we don't know yet for this to be the case..
For 2) I think this is on the right track and would add that if Oculus had an IP portfolio that provided licensable tech, AND there was a giant, burgeoning VR market about to explode, then there'd be even more weight for this scenario. Not sure Oculus had that key IP, however.
But given the huge amount of money paid--for a hardware company with no market share in a nearly non-existent market, I think about 40x too much--FB either bought a toy they wanted to make sure came to market, or they aren't done with acquisitions and the other shoe has yet to drop.
If FB wants to somehow integrate into a VR-type environment, then I think FB acquired the wrong company, and they should have courted CastAR. The CastAR device, being potentially highly mobile inside with smartphone hookup, and in AR mode, allows you to walk about, integrates into an environment is far more friendly to the kinds interaction FB provides. Either way, however, CastAR benefits by Oculus' success, as the vast majority of users still need to be convinced that VR or AR is a worthy thing. 'Foculus Rift' blazes that trail and CastAR grows alongside as the market does.
So as long as it doesn't bother you, you think it is ok that the government abandons due process, checks and balances. Who the fuck are you?
... I'm betting my systems aren't infected with this stuff.
Why should you believe your systems aren't infected? You must believe the NSA was savvy enough to employ agents undermine open source cryptography but too stupid to use agents or other means to undermine your malware/virus protection. But you aren't supposed to care, anyway, because you are a boring nobody. So why do you even comment? You have nothing insightful to add because you are nobody and are only thinking in terms of your own little world and the systems you use. This doesn't affect you, so shut the fuck up.
... but a government that is untrusted by its people (and by all accounts Americans don't trust any existing political party) cannot effect effective governance. In other words, you're asking your government to fail and then whining when they do. That's not very productive.
You plea for trust demonstrates your complete lack of understanding about our government system, the purpose of checks and balances, the entire judicial process, the purpose of elections, sunshine laws, government oversight committees, the entire Bill of Rights. Get a fucking clue and quit this pathetic shilling.
The US government is explicitly built on a foundation of distrust and for damn good reason.
Do you know why there is news every day? Because the quantity of information leaked by Snowden is overwhelming. Furthermore, the scope of the violations is beyond all measure. We would do less, and care less if all this were released at once.
The information is dribbled out, little by little, because we Americans have a short attention span and if it were all released at once, we'd be interested only until the next celebrity break-up, or Superbowl, or Oscar night, or terrorist bombing, or jet-liner gone missing.
The slow leaks also provides ropes for which government employees and politicians to hang themselves. There is still uncertainty about what information Snowden took, and government denials will continue to pour out, only to be revealed as lies as Snowden's information comes to light. We should be thankful for the wisdom in the dribbles.
Your position is common but Machiavellian, and extraordinarily short-sighted.
A primary underlying principal of our government, found throughout the Constitution, is that the processes of justice, law-making, and enforcement must be fair. This same principal does not guarantee fair outcomes. Checks and balances, search warrants, innocent until proven guilty, 5th amendment rights, equal protection clause, etc, are all part of processes designed to protect the innocent and ensure a fair process of enforcement and prosecution of the law. Those processes are full of checks and balances and redress, designed to prevent the exact kinds of abuses the NSA has secretly circumvented.
You are endorsing illegal procedures for all in fear of a handful of terrorists. Anonymous Coward, indeed.
When the government decides, as you have come out in favor, to put aside fair processes in favor of desirable outcomes, it replaces this core principal with "the ends justify the means". In such a Machiavellian guided government, *anything* can be justified. Like assassinating American citizens overseas with drones, spying on millions of Americans, suspension of habeas corpus, stop and frisk, etc.
Your short-shortsightedness ignores the NSA's potential for abuse and the weakening of security for all. You presume the NSA is employing only trustworthy citizens that would not take advantage of their unique powers in order to aid and promote their political affiliations, or enrich themselves through surreptitiously gained information. Evidence already shows your assumption to be wrong, in contradiction to your assertion. If you do not pay attention to the news, perhaps you should research more before posting. But, assume for the moment that there has been no abuse. In your wonderful fantasy of government employees never abusing their powers, why should there be any checks and balances, search warrants, habeas corpus, trials by jury, etc? After all, these things are only necessary if we assume human weakness also affects government employees.
Finally, your anonymous post suggests you may not be real, not interested in exploring the issue, but instead, may be a government astroturfer.
Your "oops" probably speaks more truth about what happened to a lot of MtGox victims than you realize. In the US, at least, we've grown accustomed to the nanny state with the government always promising to protect us from fraud. So I have to assume that, although there were plenty of warning signs that MtGox was seriously flawed and unwilling to correct their issues, people assumed they would be protected in some manner *other than the security they gave up that was built into the bitcoin design).
The value of BitCoin is really based in what someone is willing to pay you in legal tender in exchange for it, otherwise it's worthless. That's the pyramid part - it depends on new folks coming in and willing to buy your existing stock with legal tender which can then be used for goods and services. Without people actively buying into it with real currency, it's utterly useless and has no value.
Wrong. BC can act very effectively as digital currency without any legal tender being introduced into the system. There are plenty of non-tangible information and services that are available that can be exchanged through a commonly agreed upon crytpo-currency. That anyone should decide to also exchange a digital currency for government backed currency is hardly a necessity and does not make it a pyramid scheme. Your argument applies just as effectively to the stock market as it does to BC. i.e, it doesn't apply.
...seem to be in their 20's and products of upper income homes who grew up in the 90's during all the "you deserve it!" entitlement trend in child rearing. I'm a product of the 80's, when we were all told we were "special" - but we were also told that we had to work for it and not to expect a free ride. The popularity of BitCoin among these folks is due to the "get rich quick" aspect that they always felt they deserved and believed they had finally found their golden ticket.
Your personally smug generational bias only diminishes any points you have hoped to make.
Most of our GA aircraft are based on designs that haven't changed in 50 years or more. There is an aircraft in development aimed squarely at many of the shortcomings of the old designs, flying 5-7 with the space and comfort of an automobile, at higher speeds than typical GA aircraft (200+kts) and with fuel economy better than most cars on the road (40mpg): http://www.synergyaircraft.com/technical.html
In each of these scenarios, what regulations do you expect, specifically, and for what purpose? Please explain as you offer nothing but your expectation as opinion. Regulation is not the default expectation any of us should have. It must be justified in all cases.
Do this but first, eliminate the minimum wage. Then start with universities, medical professionals, lawyers, and civil employees, making the ratio adjusted by some index, so that it can increase as the economy becomes robust and contract as the economy weakens. Let that percolate a few years and see how it goes.
I concur. My '64 Falcon's rear wheel dropped in a drainage ditch while I was turning onto a road and the car bottomed out. I didn't know I busted the gas tank until I got to the store a half mile away. Gas leaking into a big puddle. No kaboom. Was probably more dangerous sitting in the puddle of gas at the grocery store. Should have called the fire dept, but instead got the kitty litter, pushed the car away from the big puddle and was able to drive it back home on what gas remained.
Slashdot Mirror
like this in the vicinity of a hostile that is willing to take lives. What a wonderful thing to disable with a cheap jammer. Free bomb for the bad guys. It's already been done with drones and there are hackers now working on how to disable this sort of robot.
The second dumb thing is to be so short-sighted as to not regard how the next robot will be met. Remotely piloted robots are great for dealing with hostage situations in non-lethal ways (enabling communication, ferrying food or medicines for hostages)--or they used to be. Now, every robot will be regarded by the bad guys as a bomb-carrier. Seeing one approaching you there can only be one safe assumption: it is carrying a bomb. Act accordingly.
It is fine to argue the finer points of how to kill someone without exposing law-enforcement to danger. The robot worked very well for that this time. But from here on, it won't go so well and could create an even bigger disaster if the robot gets hacked.
Knowledge is the new currency and it is knowledge scarcity that should be of greatest concern. Currency becomes the abstraction of knowledge in the Information Age.
The complicating factors for achieving this post-scarcity future you describe can be seen using the Toffler power paradigm as outlined in the book Powershift. The premise is that power can take the form of wealth, knowledge, or violence (or the threat of violence) and we are undergoing a major shift in the power dynamic where knowledge is becoming the dominant pillar of power. The book was published in 1991 and holds up extraordinarily well, consider that it was written pre-WWW.
The relevance to an AI revolution is that such a revolution is taking place at precisely the same time as the power transformation to knowledge-dominant power structure. It is not hard to imagine that in the near term, wealth is going to buy better AI--better meaning faster, more accurately predictive, and therefore, a greater ability to manipulate (thus, more power).
There is real potential for the earliest, most powerful AIs to be accessible only to the super-rich, some of whom won't necessarily be philanthropic with their knowledge, but at the same time, be notably philanthropic with their wealth, in order to maintain their power and not incite revolutionary disruption. After all, if one has a magic money making machine (AI making good predictions) then one can afford to keep the masses fed and sheltered.
Some ask for a basic living wage for all. That is Industrial Age thinking when we have already entered the Information Age. The power shift has already happened and while data is plentiful, it is knowledge that remains scarce. AI is as fundamental to the Information Age as the steam engine was to the Industrial Revolution.
The most powerful AIs will be regarded as potential weapons by governments, terrorists groups, and revolutionary movements. Banks and brokers will regard the most powerful AIs as tools for maintaining wealth. Industrialists, see free labor and potential engineering brilliance. For any of these groups, a competing AI is a threat and many will justify actions to eliminate the threat. The rest of us are just hoping for something to do the dishes and vacuum.
propaganda: "unduly arrogant"; didn't understand the limitations of his own knowledge; "usurp the authority". These are not objective phrases. They are used to reinforce opinions and bolster negative emotional responses.
a misplaced sense of security. The building is not securing the source code. You should first focus your efforts on convincing why physical security of the building is not what is protecting the source. I ponder what extraordinary circumstances you might be working under, already. Are there not non-compete contracts in place with current employees?
Regarding hiring outside help, perhaps, there is another issue: assuming your company is in the US, is the code possibly subject to International Traffic in Arms Regulations (ITAR)? If there is a hint of a possibility, then you need to look into this as it will restrict who can be hired to work on the code, as well as the physical location.
I know of one company that was so distrustful of its employees (or, more likely trying to hide something) that only the founders were allowed direct access to the version control system for the flagship product. They had in place a ridiculous check-out, check-in procedure that slowed development, needless to say. It smelled pretty strongly that the source had been ripped off from the founders previous employer and that they worried that access to version control history would reveal that. No surprise that culture there was stifling and the guy I knew that worked there did not stay long.
abusive cops could be tracked. Assumes the same cars are typically used by the same cops.
When putting humans on Mars finally approaches inevitability, historians will attempt to define the starting place for the journey. "...and it all began back in the year ???? with President [NAME]". Bolden's statement is simply posturing the Obama administration as the Kennedy-like launching point to Mars. It is just political bullshit, nothing more.
NASA can wipe the slate clean in 2017, and as long it provides a new plan to keep an experienced work-force from fleeing, the start-over will not doom NASA. In fact, with the pace of technological changes continuing to accelerate, a couple of start-overs should be expected between now and 2039.
for most companies is hugely in favor of the programmers. A few years ago I needed to hire a college-grad CS major for (non-web) software development. I contacted the local university and received several dozen resumes, and nearly every prospect was highlighting their web design experience and looking for a job doing the same. The exception to that were the foreign graduate students, whom I could not hire for security clearance reasons, and one previously home-schooled kid (for high-school) that fast-tracked his way through college and was not stuck in that web design rut like everyone else. While I found two other candidates I could barely justify interviewing (because of what they did for hobby programming, not what they espoused in their schoolwork), the previously home-schooled kid got the job. No contest, really. I was mad at the school for producing so many no-interview/no-hires and wrote them a letter saying as much.
The company I worked for at the time employed 90-100 people, with about 25 of those being software developers. We only had one web designer and he was also doing all the IT in three cities, so web design was very part-time activity. The most important part of our web-presence was CRM software, which we wisely outsourced to a big-name company which hosted that portion for us. We paid that company about half of what we'd pay one full-time programmer and it handled thousands of customers. That left our IT/web designer doing fairly rudimentary web development.
It is a scaling issue. The tiniest company that needs a rudimentary web presence might do web development in-house with a poorly qualified individual and then later maybe outsource to gain a fairly robust but static online web presence. Once they are big enough to hire a competent in-house web person, they still won't need to hire a second web developer until that company is either very large, or doing something very unusually interesting online--and outsourcing can usually be done cheaper in most of those cases.
The bottom line is that you should concentrate on school and the non-web oriented CS courses that school can offer you. Most companies don't need anything fancy or unusual for web design and a university that is pushing more than one class in that area as part of a CS degree is exploiting the students' ignorance of the job market. There is more than enough fundamental things to be learned in CS without getting bogged down in teaching whatever the latest trendy web tools are.
If you need to earn money, offer your part-time services as a consultant to small mom-and-pop businesses that have crappy websites. As a demo, repackage what they have into something less crappy. Send them a link and then offer to revamp and maintain their website. Smaller churches are another good candidate and could probably use a part-time IT person to help them from time-to-time. Line up a few of those each year and you'll have a nice side-business and resume to augment your degree.
Marx also failed to see the term "poverty" encompass such a broad spectrum of living conditions. What was poverty in Europe prior to 1848? Compare that to what we call poverty in the US or EU in 2014. Similarly, compare the living conditions of the working poor in 1848 vs today. If Marx could time-travel to from 1848 to 2014, he might reconsider a great deal of his Manifesto.
You prefer to leave space flight to the whims of a billionaire instead of dictator?
I hope private companies are successful in achieving reliable manned flight, but I don't believe the US should be putting all its eggs in one basket. Until there are viable alternatives, the US would be wise to pursue as many avenues to space as possible.
Except Bolden has said he would recommend killing SLS and Orion if Russia stops flying our astronauts to the ISS.
'Bolden said the space station would probably have to be shut down without Russian transport, and in that case, "I would go to the president and recommend we terminate SLS and Orion."'
http://blog.al.com/breaking/2014/03/nasa_administrator_says_cancel.html
Care to rethink what the agenda is?
.."if Russia stops American astronaut rides to the International Space Station any time soon and before U.S. companies are ready to do the job."
Asshole. How does this even make sense?
'The space station would probably have to be shut down without Russian transport, and in that case, "I would go to the president and recommend we terminate SLS and Orion."'
http://blog.al.com/breaking/2014/03/nasa_administrator_says_cancel.html
the FB/Oculus Rift news?
"But good old Ford has been using VR all along without much fanfare".
Exactly.
I thought about your 1) but concluded no, because when companies do this, they acquire proven companies with a predictable revenue stream. Oculus is burning money and their business model relies on a bunch of people adopting new behaviors for interacting with their computers. A killer VR app is needed to make this work, even among the hardcore gamer market. FB is not the killer app for VR, so...there must be much more to this story we don't know yet for this to be the case..
For 2) I think this is on the right track and would add that if Oculus had an IP portfolio that provided licensable tech, AND there was a giant, burgeoning VR market about to explode, then there'd be even more weight for this scenario. Not sure Oculus had that key IP, however.
But given the huge amount of money paid--for a hardware company with no market share in a nearly non-existent market, I think about 40x too much--FB either bought a toy they wanted to make sure came to market, or they aren't done with acquisitions and the other shoe has yet to drop.
If FB wants to somehow integrate into a VR-type environment, then I think FB acquired the wrong company, and they should have courted CastAR. The CastAR device, being potentially highly mobile inside with smartphone hookup, and in AR mode, allows you to walk about, integrates into an environment is far more friendly to the kinds interaction FB provides. Either way, however, CastAR benefits by Oculus' success, as the vast majority of users still need to be convinced that VR or AR is a worthy thing. 'Foculus Rift' blazes that trail and CastAR grows alongside as the market does.
So as long as it doesn't bother you, you think it is ok that the government abandons due process, checks and balances. Who the fuck are you?
... I'm betting my systems aren't infected with this stuff.
Why should you believe your systems aren't infected? You must believe the NSA was savvy enough to employ agents undermine open source cryptography but too stupid to use agents or other means to undermine your malware/virus protection. But you aren't supposed to care, anyway, because you are a boring nobody. So why do you even comment? You have nothing insightful to add because you are nobody and are only thinking in terms of your own little world and the systems you use. This doesn't affect you, so shut the fuck up.
... but a government that is untrusted by its people (and by all accounts Americans don't trust any existing political party) cannot effect effective governance. In other words, you're asking your government to fail and then whining when they do. That's not very productive.
You plea for trust demonstrates your complete lack of understanding about our government system, the purpose of checks and balances, the entire judicial process, the purpose of elections, sunshine laws, government oversight committees, the entire Bill of Rights. Get a fucking clue and quit this pathetic shilling.
The US government is explicitly built on a foundation of distrust and for damn good reason.
Do you know why there is news every day? Because the quantity of information leaked by Snowden is overwhelming. Furthermore, the scope of the violations is beyond all measure. We would do less, and care less if all this were released at once.
The information is dribbled out, little by little, because we Americans have a short attention span and if it were all released at once, we'd be interested only until the next celebrity break-up, or Superbowl, or Oscar night, or terrorist bombing, or jet-liner gone missing.
The slow leaks also provides ropes for which government employees and politicians to hang themselves. There is still uncertainty about what information Snowden took, and government denials will continue to pour out, only to be revealed as lies as Snowden's information comes to light. We should be thankful for the wisdom in the dribbles.
Your position is common but Machiavellian, and extraordinarily short-sighted.
A primary underlying principal of our government, found throughout the Constitution, is that the processes of justice, law-making, and enforcement must be fair. This same principal does not guarantee fair outcomes. Checks and balances, search warrants, innocent until proven guilty, 5th amendment rights, equal protection clause, etc, are all part of processes designed to protect the innocent and ensure a fair process of enforcement and prosecution of the law. Those processes are full of checks and balances and redress, designed to prevent the exact kinds of abuses the NSA has secretly circumvented.
You are endorsing illegal procedures for all in fear of a handful of terrorists. Anonymous Coward, indeed.
When the government decides, as you have come out in favor, to put aside fair processes in favor of desirable outcomes, it replaces this core principal with "the ends justify the means". In such a Machiavellian guided government, *anything* can be justified. Like assassinating American citizens overseas with drones, spying on millions of Americans, suspension of habeas corpus, stop and frisk, etc.
Your short-shortsightedness ignores the NSA's potential for abuse and the weakening of security for all. You presume the NSA is employing only trustworthy citizens that would not take advantage of their unique powers in order to aid and promote their political affiliations, or enrich themselves through surreptitiously gained information. Evidence already shows your assumption to be wrong, in contradiction to your assertion. If you do not pay attention to the news, perhaps you should research more before posting. But, assume for the moment that there has been no abuse. In your wonderful fantasy of government employees never abusing their powers, why should there be any checks and balances, search warrants, habeas corpus, trials by jury, etc? After all, these things are only necessary if we assume human weakness also affects government employees.
Finally, your anonymous post suggests you may not be real, not interested in exploring the issue, but instead, may be a government astroturfer.
Your "oops" probably speaks more truth about what happened to a lot of MtGox victims than you realize. In the US, at least, we've grown accustomed to the nanny state with the government always promising to protect us from fraud. So I have to assume that, although there were plenty of warning signs that MtGox was seriously flawed and unwilling to correct their issues, people assumed they would be protected in some manner *other than the security they gave up that was built into the bitcoin design).
His statement makes sense. Learn the difference between the dollar and the NYSE and you might begin to understand his statement.
The value of BitCoin is really based in what someone is willing to pay you in legal tender in exchange for it, otherwise it's worthless. That's the pyramid part - it depends on new folks coming in and willing to buy your existing stock with legal tender which can then be used for goods and services. Without people actively buying into it with real currency, it's utterly useless and has no value.
Wrong. BC can act very effectively as digital currency without any legal tender being introduced into the system. There are plenty of non-tangible information and services that are available that can be exchanged through a commonly agreed upon crytpo-currency. That anyone should decide to also exchange a digital currency for government backed currency is hardly a necessity and does not make it a pyramid scheme. Your argument applies just as effectively to the stock market as it does to BC. i.e, it doesn't apply.
...seem to be in their 20's and products of upper income homes who grew up in the 90's during all the "you deserve it!" entitlement trend in child rearing. I'm a product of the 80's, when we were all told we were "special" - but we were also told that we had to work for it and not to expect a free ride. The popularity of BitCoin among these folks is due to the "get rich quick" aspect that they always felt they deserved and believed they had finally found their golden ticket.
Your personally smug generational bias only diminishes any points you have hoped to make.
Most of our GA aircraft are based on designs that haven't changed in 50 years or more. There is an aircraft in development aimed squarely at many of the shortcomings of the old designs, flying 5-7 with the space and comfort of an automobile, at higher speeds than typical GA aircraft (200+kts) and with fuel economy better than most cars on the road (40mpg): http://www.synergyaircraft.com/technical.html
In each of these scenarios, what regulations do you expect, specifically, and for what purpose? Please explain as you offer nothing but your expectation as opinion. Regulation is not the default expectation any of us should have. It must be justified in all cases.
when you make so much more money when it is fat?
Do this but first, eliminate the minimum wage. Then start with universities, medical professionals, lawyers, and civil employees, making the ratio adjusted by some index, so that it can increase as the economy becomes robust and contract as the economy weakens. Let that percolate a few years and see how it goes.
I concur. My '64 Falcon's rear wheel dropped in a drainage ditch while I was turning onto a road and the car bottomed out. I didn't know I busted the gas tank until I got to the store a half mile away. Gas leaking into a big puddle. No kaboom. Was probably more dangerous sitting in the puddle of gas at the grocery store. Should have called the fire dept, but instead got the kitty litter, pushed the car away from the big puddle and was able to drive it back home on what gas remained.