Friday, October 8, 2010

Are we Approaching Singularity?

As a trader I am just looking for the next bubble.  That is the one we enter after we finish with the Bond market and treasuries.  Could the merging of humanity and machine be that bubble as nanotechnology thrust forward ar ever increasing pace.  Ray Kutzweil thinks so, he has even written several best sellers about this very issue.
Some call him the heir to Edison.  Whatever he is, he's convinced we will see artificial intelligence reach the point of human ability by 2045.

This is the first part below, if you would rather view the interview in its entirety just click here.

Tuesday, October 5, 2010

Dumbest Human of the Week

Goes to Gloria Allred the shakedown artist. I was going to award Jerry Brown second place until I heard Donald Trump say he was considering running for President in 2012 so I will give Hair Helmet Trump Second.

Sunday, October 3, 2010

Want a View of the future?

Police in Ecuador kept their President holed up in a hospital for more that twelve hours the other day.  Reason; the government slashed wages and benefits for government workers.  And the police didn't like it.

Ecuadorian President Correa is described as a U.S.-trained leftist economist.  "The United States deplores violence and lawlessness, and we express our full support for President Rafael Correa and the institutions of democratic government in that country," U.S. Secretary of State Hillary Clinton said. Correa said that those who came to his rescue were  "ready to die to defend democracy" .  One article said "Like his leftist ally Chavez of Venezuela, Correa has drastically cut royalties to multinational oil companies in favor of his people, discouraging direct foreign investment while courting such nations as Iran and Russia.

Leftist economist trained in the U.S., speaks of democracy yet is an ally of Chavez and gets lip service for Hillary  Clinton.  I'm confused.  But not THAT confused.