But GG does not appear to question The Corporation IPO - the most powerful institution in the world - which has profound flaws via its dismissal of true-cost accounting. Gilder seems to be measuring progress by the number of IPOs.
=Other=
I like this one - "They make our computers increasingly inaccessible to us but not to the pop-up malware minuses called “ads.” All of this is being remedied through the new crypto-currency movement that began in 2009 with Satoshi and bitcoin."
Notes - fed largely by Wayne Copland, friend and mentor of sorts.
It seems that GG is behind the times on the energy issue, poking fun at solar. I don't think that is well-grounded, and would like to find out where he gets his conclusions. For example, modern solar steam-based energy storage costs 20% of battery storage - in other words, solar storage is practical - solving the intermittency issue. Please see http://www.terrajoulecorp.com/. Solar concentrator + modern steam are by the way 2 techs in the Global Village Construction Set. I do agree with the hype on CO2, though. We know global climate change is happening, but we do not know that the cause of that is CO2. GG says it well - if we had orders of magnitude higher CO2 historically and photosynthesis still existed - we should not be concerned when CO2 rises from 0.03 to 0.05 percent. That appears to be at least 3 orders of magnitude smaller than historical maximum, and the historical maximum was not at the level of an existential risk (as life still continued). This does not mean, however, that we should not be concerned about internalizing enivironmental costs in true-cost accounting.
Nice: "Silicon Valley should stop trying to obsolete human beings and figure out how to make them more productive again."
=Comments=
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Nice. And I believe the Next Era of GG is what I call the open source economy: "The Google paradigm of massive data centers and artificial intelligence determinism will be transcended in the next era. We’ll leave behind the big tech view that human progress springs from some inexorable Darwinian model that allows the big winners to take all."
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Wow. It is so good to see that GG is well-grounded in seminal cybernetics philosophy. "Determinist materialism is contrary to the deepest insights of 20th-century mathematics and philosophy that sprang from Kurt Gödel and his incompleteness principle, as well as John von Neumann’s oracular computer model and Alan Turing’s further findings of incomputability. All of these technologies themselves refute the very determinism that Silicon Valley seems to return to in its concepts of what intelligence is."
I'm not seeing how, outside of Vitalik Buterin's Ethereum, how the new Thiel startups are not much more than the kind of tech that he seems to be railing against - where what he's railing against appears to be concentration of power. To be specific, only Ethereum is open source, and all the others are still designed for platform monopoly.
All in all, in my view GG is not making the critical distinction - that of open source vs not. What he is discussing in my view is the trend towards the open source economy - where knowledge and power are distributed. He dances around the idea of distributed power, which to me is the core message. Until we get the core message as a society, we're still doomed:)
Marcin
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Latest revision as of 19:42, 15 March 2018
Over the last four decades, George Gilder has been one of the most influential writers on economic growth and prosperity, and technology’s key creative role in them. In 1981 Gilder’s book, Wealth and Poverty, hit all the bestseller lists and helped define the “supply-side,” low-tax economic revolution that characterized the eight years of Ronald Reagan’s presidency. Reagan himself frequently cited Wealth and Poverty. In the late 1980s Gilder turned his attention to technology and wrote several books predicting tech’s future impact, including Microcosm (1989), Life After Television (1990), Telecosm (2000) and The Silicon Eye (2006), as well as The Scandal of Money (2009). Gilder is presently wrapping up his next book, Life After Google, which will publish later this year.