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Virus 1 – Media 0
Virus 1 – Media 0 Salvador Dalí Mi esposa desnuda 1945Over the past 5 years I’ve addressed this numerous times, and it just goes on. When the MSM, WaPo, NYT, CNN, MSNBC, started to feel a real threat to their existence and survival from social media, they changed course radically. They no longer attempted to inform people, […]
Politics and Algorithms
Politics and Algorithms It’s a development that has long been evident in continental Europe, and that has now arrived on the shores of the US and UK. It is the somewhat slow but very certain dissolution of long-existing political parties, organizations and groups. That’s what I was seeing during the Robert Mueller clown horror show […]
The Real Reason Why Globalists Are So Obsessed With Artificial Intelligence
The Real Reason Why Globalists Are So Obsessed With Artificial Intelligence It is nearly impossible to traverse web news or popular media today without being assaulted by vast amounts of propaganda on Artificial Intelligence (AI). It is perhaps the fad to end all fads as it supposedly encompasses almost every aspect of human existence, from […]
Deepfake News The Next Frontier In Phony Journalism
Deepfake News The Next Frontier In Phony Journalism Computers can now imitate human writing. Is it the start of a fake news avalanche? Fake news may be the issue of the day, but what about “deepfake” news – that is, articles written by an artificial intelligence (AI) machine only pretending to be human? OpenAI, a company backed by […]
The Singularity is already here – it is the market
The Singularity is already here – it is the market The market economy exhibits most of the traits of the much hyped – and feared – singularity, where an artificial intelligence takes over the show and humans are enslaved. We have all heard the stories of the powerful algorithms. They control our choices and they […]
Smear Slander Rinse and Repeat
Smear Slander Rinse and Repeat Frans Masereel Montmartre 1925 The way ‘news’ is reported through known outlets changes so fast hardly a soul notices that news as we once knew it no longer exists. This is due to a large extent to the advent of the internet in general, and social media in particular. On […]
Bear Market Growls As Market Remains Weak 11-16-18
Bear Market Growls As Market Remains Weak Several months ago, I penned an article about the problems with “passive indexing” and specifically the problem of the “algorithms” that are driving roughly 80% of the trading in the markets. To wit: “When the ‘robot trading algorithms’ begin to reverse (selling rallies rather than buying dips), it will […]
Fake News and Weaponized Bots: How Algorithms Inflate Profiles, Spread Disinfo and Disrupt Democracy
Fake News and Weaponized Bots: How Algorithms Inflate Profiles, Spread Disinfo and Disrupt Democracy Photo Source Mike Corbett | CC BY 2.0 Algorithms are getting so sophisticated that it is becoming increasingly difficult to tell which online comments are real and which are generated by “bots”; which sites are genuinely popular and which are generating […]
Did DARPA Just Develop Autonomous Drones To Hunt Humans?
Did DARPA Just Develop Autonomous Drones To Hunt Humans? The Defense Advanced Research Projects Agency’s (DARPA) latest creation of the Fast Lightweight Autonomy (FLA) program, a new class of algorithms for quick drone navigation in cluttered environments, reminds us of the 2013 American post-apocalyptic science fiction film, Oblivion. Here is a short clip of Jack Harper (Tom Cruise) in the movie, battling […]
How the Internet Turned Bad
How the Internet Turned Bad The 1990s Vision Failed It has been 25 years since I formed my first impressions of the Internet. I thought that it would shift the balance of power away from large organizations. I thought that individuals and smaller entities would gain more autonomy. What we see today is not what I hoped […]
Our Brave New ”’Markets”’
Our Brave New ”’Markets”’ How HFT algorithims risk a massive sudden sell-off One thing is clear: These aren’t your daddy’s markets anymore. Why? Because about 10 years ago the Rise of the Machines (aka high frequency trading algorithms) completely altered the terrain of what we call the ‘capital markets.’ Let’s look at this as a before […]
NYT Cheers the Rise of Censorship Algorithms
NYT Cheers the Rise of Censorship Algorithms Exclusive: The New York Times is cheering on the Orwellian future for Western “democracy” in which algorithms quickly hunt down and eliminate information that the Times and other mainstream outlets don’t like, reports Robert Parry. Just days after sporting First Amendment pins at the White House Correspondents Dinner […]
Banks Are Evil
Barandash Karandashich/Shutterstock Banks Are Evil It’s time to get painfully honest about this I don’t talk to my classmates from business school anymore, many of whom went to work in the financial industry. Why? Because, through the lens we use here at PeakProsperity.com to look at the world, I’ve increasingly come to see the financial […]
The World is Awash in Bullshit
The World is Awash in Bullshit This is really the best paragraph I have read so far in 2017: The world is awash in bullshit. Politicians are unconstrained by facts. Science is conducted by press release. So-called higher education often rewards bullshit over analytic thought. Startup culture has elevated bullshit to high art. Advertisers wink conspiratorially […]
Eric Hunsader: The Financial System is ‘Absolutely, Positively Rigged’
Eric Hunsader: The Financial System is ‘Absolutely, Positively Rigged’ And the abuses are getting worse, not better Eric Hunsader, founder of Nanex, has been at the vanguard of warning about the dangers and the rampant fraud that the rise of high-frequency trading (HFT) algorithims have let loose in today’s financial markets. While he usually feels like a lone voice […]
