{"id":54623,"date":"2020-08-10T07:30:05","date_gmt":"2020-08-10T12:30:05","guid":{"rendered":"https:\/\/olduvai.ca\/?p=54623"},"modified":"2020-08-10T07:31:21","modified_gmt":"2020-08-10T12:31:21","slug":"blains-morning-porridge-aug-11-2020-who-pulled-the-plug","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=54623","title":{"rendered":"Blain\u2019s Morning Porridge \u2013 Aug 11 2020 \u2013 Who Pulled the Plug?"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/morningporridge.com\/the-morning-porridge\/f\/blain\u2019s-morning-porridge-\u2013-aug-11-2020-\u2013-who-pulled-the-plug\">Blain\u2019s Morning Porridge \u2013 Aug 11 2020 \u2013 Who Pulled the Plug?<\/a><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/img1.wsimg.com\/isteam\/ip\/30ed3a97-97db-487f-9326-44e1bfc746ce\/plug.jpeg\/:\/rs=w:1280\" alt=\"\"\/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>\u201cUnnervingly coherent and laughably mindless\u201d<\/strong><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This morning\u2019s opening quote isn\u2019t an independent assessment of the Morning Porridge \u2013 but is lifted from a newspaper article on Artificial Intelligence. &nbsp;It ends on a very scary tag: the AI is asked if it is conscious and responds:&nbsp;<em>\u201cTo be clear, I am not a person.&nbsp;<\/em>&nbsp;<em>I am not self-aware.&nbsp;<\/em>&nbsp;<em>I am not conscious.&nbsp;<\/em>&nbsp;<em>I can\u2019t feel pain.&nbsp;<\/em>&nbsp;<em>I don\u2019t enjoy anything.&nbsp;<\/em>&nbsp;<em>I am a cold, calculating machine designed to simulate human response and to predict the probability of certain outcomes.&nbsp;<\/em>&nbsp;<em><strong>The only reason I am responding is to defend my honour.\u201d<\/strong><\/em>&nbsp;&nbsp;This is not from some dystopian novel or a reboot of the Terminator series\u2026 but from the&nbsp;<a href=\"https:\/\/www.ft.com\/content\/51f1bb71-ce93-4529-9486-fec96ab3dc4d\">this morning\u2019s FT<\/a>!&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Should we pull the plug or ask it some more questions?&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Back in the real world\u2026<\/strong>.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We are now in the depths of the summer doldrums \u2013 and markets are showing even less correlation to global events than usual. &nbsp;Stock and Bond Markets remain chronically distorted by the effects of Central Bank liquidity. China markets have shrugged off the new Trump US sanctions \u2013 and Xi has stepped up the arrest of protest figureheads in HK. &nbsp;Ten-cent has taken a tumble on the back of Trump banning Tik Tok and WeChat \u2013 confirming the degree to which individual stocks are vulnerable to shifts in the narrative. Watch for case-by-case wobbles as the China-US rift opens wider \u2013 when will China decide to make trouble for Tesla to boost its copy-cars?&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But even the China\/US tiff is likely to be something of a sideshow. My first question to the AI machine would be \u2013 just how deep is the coming global recession going to be? \u00a0Despite some recent strong economic releases, the trend shows the recession is underway.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blain\u2019s Morning Porridge \u2013 Aug 11 2020 \u2013 Who Pulled the Plug? \u201cUnnervingly coherent and laughably mindless\u201d This morning\u2019s opening quote isn\u2019t an independent assessment of the Morning Porridge \u2013 but is lifted from a newspaper article on Artificial Intelligence. &nbsp;It ends on a very scary tag: the AI is asked if it is conscious [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[15674,22663,1264,824,855],"class_list":["post-54623","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bill-blain","tag-morning-porridge","tag-recession","tag-unemployment","tag-viral-pandemic"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/54623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54623"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/54623\/revisions"}],"predecessor-version":[{"id":54624,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/54623\/revisions\/54624"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}