Technology StocksThe Singularity, A.I.: Machine & Deep Learning,. and GFA

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To: The Ox who wrote (63)9/20/2017 8:36:21 PM
From: koan
   of 217
Good questions: below all IMO;

with regard to public pre school with hot lunch the parent can drop off the kid and go to school or work and everyone wins: the kid gets an early start to education (we may find this is crucial as it may mitigate the brains pruning of important capabilities that takes place in the young) and socialization e.g. hanging up their coat and socializing for good mental health (we are a pack animal). ; the parent wins as they can go to school or work and the society wins because I believe it is impossible for a society to lose money on education. When a society educates a citizen they get that investment back many times over in increased productivity and reduction in crime. Most crime is the result of ignorance.

With regard to AI's behavior my theory is that AI will know all the history of humankind and be able to see the bad, the good and the ugly by our history and stories, and so it will know being good is a good thing to do :)>.

How it relates to Plato (the worlds first existentialist IMO) is that AI is going to be all about knowledge and will also be existential in nature. Plato's Cave is about transforming from a reality of myth to a reality of awareness and knowledge; so it is important we know what we are talking about when we start interacting with it.

Otherwise we will not recognize what it is doing?

<<Message #63 from The Ox at 9/20/2017 5:24:35 PM

While you're asking about how people will deal with AI and/or the Singularity, I have similar questions about AI and how "machines" will deal with people. Let's start with EMPATHY. There are enough people in this world that seem to have little or no empathy.... but it seems to me that it will be very important for machines to understand this concept.

Many of this issues you raise are partially explained by the fact that so many people have to struggle through their daily lives that they may not be able to spend the appropriate time "learning" or on/in education vs. having to earn a living or who need to support a family or loved one.

so the meaning of life, IMO, then, is to find our way out of Plato's illusory cave of dogma we are born into and into the bright sunlight of a well functioning humanitarian existential being which can only be achieved by learning.
How does the Singularity encompass what you wrote above and do we end up with a "well functioning humanitarian existential AI being" coming out of this process?

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From: koan9/24/2017 12:39:37 PM
   of 217

Fixation on negative and positive things: Great and important concept to think about, that people very seldom do. See bottom of page.

I am reading Homo Deus and as I expected the entire book is written at a sophistication of intellectual perception a full level above what most of us live in i..e. he applies logic to mundane things that makes one realize basic concepts are much larger in scope than we seldom think about e.g. what is happiness, how should we pursue it, what does it represent in the grand scheme of things: or, lol, that we are an animal trying to negotiate a technological environment (created haphazardly) with a mind which is evolved for a nomadic life style, not evolved to survive in.

So we need to create an existential mind that can adapt to the modern world.

AI is going to be operating in the existential reality and so we need to be able to see it.

I recommend Homo Deus for one to see what reality looks like when understood at a full level above the reality people live in as seen in common conversation and perception and life style choices,


An interesting consequence of human mind is our fixation on the negative. After watching this TED talk I realized how true this was for me personally. Experiments show that negativity is twice as 'sticky' as positive thought. Norman Vincent Peale talked about the power of positive thinking. The skeptics and cynics (like me) find great humor in the Life of Brian where they are all on the cross singing - "Always Look on the Bright Side of Life" - a personal favorite. But in that is a powerful message - Try not to get sucked down by the surplus of negativity and remember that bad stuff impacts people twice as much as good and is twice as hard to reverse, leading to a 4x multiplier.

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To: koan who wrote (59)9/24/2017 1:08:15 PM
From: zzpat
   of 217
I'd be curious to see what part of the 60s historians think changed the world more, birth control (the pill) or all the other issues.

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To: zzpat who wrote (67)9/25/2017 11:22:21 PM
From: koan
   of 217

They both changed the world greatly. I see no reason to ask that question.

The 60's was transformational because it was a period when the kids and liberals sort of had a collective epiphany which was:" we need to throw out primitive destructive ideas, like racism and misogyny and tribal dogma which prevented so many from self actualization and manifest destiny and replace it with modern existential humanitarian thinking

Continuing to read Homo Deus. He is explaining how the rich are starting to "buy" designer babies and there will be no stopping it. Kids with three parents: Two DNA and one RNA; or fertilize several eggs and pick the one with the least defects..

This is where we are headed, and no going back, so buckle your seat belt and those who choose denial to embracing this reality will have a tough life and if they teach that to their kids they will be left behind.

And if we do not address it here other countries will, so--------?


I'd be curious to see what part of the 60s historians think changed the world more, birth control (the pill) or all the other issues.

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To: koan who wrote (68)9/26/2017 10:54:16 AM
From: zzpat
   of 217
The era of liberalism that began with a revolt against the ruling parties is now creating enormous wealth with the Internet and AI (I'm obviously younger than you). There are very few conservative companies that are capable of doing what liberals have already done and are capable of doing. I think they're angry that their belief system can't fix any of our problems and it's the source of their inferiority complex.

They need to taste success and so far it eludes them.

They have power but they don't know what to do with it. Liberals were never that wimpy. We (two generations) changed the world and there's no looking back. From ending a war in Vietnam to creating Google, Apple, Netflix, Facebook, Twitter and so much more our influence is global. I think they kinda know they hitched themselves to a dead horse but they can't unhitch themselves.

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To: zzpat who wrote (69)9/26/2017 12:10:40 PM
From: koan
   of 217
The singularity is an organic manifestation and was always, and is always, going to evolve until it overrides human thought and there is nothing anyone can do about it except adapt. And that will mean merging with it.

The 60's cultural revolution was also organic in the sense its time had come, just like when we ended slavery, segregation and misogyny.

That same cultural revolution we underwent in the 60's is now taking place all over the world and can be seen in recent cinema from around the world. The young writers and directors are taking the "elders" in second and third world countries to task for their inherent caste systems, misogyny and general denial of basic civil rights.

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To: koan who wrote (70)9/26/2017 1:21:13 PM
From: zzpat
   of 217
The fall of the USSR was a perfect example of how fast technology can change the world. Once Russians were able to see our TV shows (and commercials) the communist grip couldn't possibly last. The music from the 60s and 70s is very popular in Russia. Perhaps they want revolution again. I'm betting on it.

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To: zzpat who wrote (71)9/26/2017 4:09:16 PM
From: koan
   of 217
edit wrong thread.

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To: dvdw© who wrote (44)9/26/2017 10:11:19 PM
From: John P
   of 217
NVDA takes a Hit today: Tesla Shifts to Intel From Nvidia for Infotainment

By Ian King
September 26, 2017, 3:40 PM EDT September 26, 2017, 4:49 PM EDT

The giant information and entertainment screens in Tesla Inc.’s cars will be powered by new components from Intel Corp. after the automaker replaced chipi supplier Nvidia Corp. for that function, according to people familiar with its plans.

Tesla’s Model 3 and new versions of its other cars will get the new Intel processing modules, said the people, who asked not to be identified speaking about a private agreement. Nvidia and Intel declined to comment. Tesla declined to comment.

(the tremendous irony at the moment is that no one at INTC, NVDA, or TSLA will comment on the record.... however, NVDA opened on it's high today after positive news of the Chinese Cloud companies announcing yesterday that they would be using NVDA GPU's in their cloud computer's.... and then NVDA closed near it's low, while INTC has closed near it's high... editorial observation by JJP)

Cars are being made with more electronics inside, making the automotive market increasingly important for chipmakers. Nvidia’s stock has surged more than sixfold in the past two years, partly on its rising business with car makers. Most of the new revenue has come from the new dashboard systems that control entertainment and information for drivers.

Intel, the world’s largest chipmaker, is looking to lower its dependence on personal computers and persuade car makers they need its powerful processors to make vehicles capable of making more decisions for themselves. Intel doesn’t break out how much revenue it gets from that market. In its most recent quarter, Nvidia reported automotive sales of $142 million, about 6 percent of its total revenue.

Intel shares rose almost 1 percent to close at $37.47 in New York. Nvidia closed at $171.96, up 0.6 percent, after climbing as much as 4.5 percent earlier in the day.

While Tesla is still one of the smaller automakers -- it shipped just over 76,000 vehicles in its last financial year -- it’s been at the forefront of bringing new technology to the market.

The main prize for chipmakers will be providing the computing engine that allows cars to become fully autonomous. Those systems are still in development with automakers and chipmakers announcing test programs with multiple partners. Nvidia’s chips power Tesla’s Autopilot 2 system, which handles some driving situations.

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To: Glenn Petersen who wrote (57)9/27/2017 4:22:37 AM
From: John P
1 Recommendation   of 217
SoftBank and Saudi Arabia Team Up for $100 Billion Tech Fund
Partnership combines deep pockets with one of the world’s most ambitious tech investors

A man exits a SoftBank Group Corp. store in Tokyo. The internet and telecommunications conglomerate is launching a fund to invest in the technology sector. PHOTO: BLOOMBERG NEWS

By Alexander Martin in Tokyo, Alec Macfarlane in Hong Kong and Margherita Stancati in Dubai
Updated Oct. 14, 2016 6:32 a.m. ET

Japanese internet and telecommunications giant SoftBank Group Corp. 9984 +0.26% is teaming up with a Saudi sovereign-wealth fund to create a multibillion-dollar technology-investment fund, in a partnership that combines deep pockets with one of the world’s most ambitious tech investors.

SoftBank, led by chief executive Masayoshi Son, is known for its bold and wide-ranging bets, ranging from Chinese e-commerce giant Alibaba Group Holding Ltd. and U.S. mobile carrier Sprint Corp . to U.K. chip designer ARM Holdings PLC, which it bought last month for $32 billion. On Friday, it announced plans to invest at least $25 billion over the next five years through a fund dubbed the SoftBank Vision Fund.

Saudi Arabia’s Public Investment Fund may contribute an additional $45 billion over the next five years as the fund’s lead partner, SoftBank said. SoftBank said in a statement that the company was in talks with “a few large global investors” who could eventually push the new fund up to $100 billion to become the world’s “biggest investor” in technology over the next decade.

The ambitious plan lands as tech investors continue to plow record amounts of money into firms like Uber Technologies Inc., the world’s most valuable startup at $68 billion, despite soaring valuations that have led many to worry that the sector is overheating.

SoftBank has also been stepping up its deal pace, pouring more than $45 billion into technology investments alongside co-investors over the past two years and putting its overseas investment operations into a separate unit earlier this year. Recent investments include participation in a $4.5 billion fundraising round for Chinese ride-hailing champion Didi Chuxing Technology Co. and $1 billion into South Korea’s largest mobile commerce company Coupang.

To help bulk up its war chest, SoftBank has cashed in some winning bets, selling $10 billion of stock in Alibaba, in which it has a 28% stake, and unloading Finnish mobile game-maker Supercell Oy for $8.6 billion. But it has also borrowed heavily to finance many of its investments and its debt currently has a junk rating.

The addition of the Public Investment Fund boosts SoftBank’s investment firepower. The fund is central to Saudi Arabia’s plan to diversify its economy beyond oil. The plunge in crude prices since 2014 has hurt the finances of the kingdom, which depends on oil income for more than two-thirds of government revenue. Last year, Saudi Arabia’s budget deficit was a record $98 billion, or 16% of gross domestic product.

The Saudi government is expanding the scope and size of the PIF, effectively turning it into a war chest for non-oil investments abroad. In June, it invested $3.5 billion in Uber, its largest overseas bet. Riyadh plans to transfer ownership of state-owned oil giant Saudi Arabian Oil Co., or Aramco, to the fund, which Saudi Deputy Crown Prince Mohammed bin Salman estimated will eventually be worth nearly $3 trillion.

The PIF is preparing for the twilight of the oil,” said John Sfakianakis, a Riyadh-based economist with the Gulf Research Center. “They are looking for another success story like Alibaba.”

SoftBank said its head of strategic finance, Rajeev Misra, will head the new fund, and that it has engaged former Deutsche banker Nizar Al-Bassam and ex-Goldman partner Dalinc Ariburnu for the project.

Investment PivotSoftBank has been shifting investments to the tech sector from telecommunications.

Value of investments
Top three acquisitions

Source: Dealogic

SoftBank, established in 1981 by Mr. Son, has a long history of investing in technology and telecommunications ventures. SoftBank was one of the earliest investors in Yahoo Corp. , a bet that proved hugely successful and which the company largely cashed out of by the early 2000s. SoftBank first invested in Alibaba in 2000, when it put $20 million into the then tiny e-commerce company. Since then, Alibaba has become China’s biggest internet shopping mall worth $249 billion, making it Mr. Son’s most successful bet.

During the past few years, Mr. Son has tried to give more order to SoftBank’s investment operations, separating its overseas investments including Sprint from its domestic mobile businesses and putting it under the leadership of former Google executive Nikesh Arora. Mr. Arora abruptly stepped down in June after facing a barrage of criticism from investors.

After Mr. Arora’s departure, Mr. Son has said he intends to invest in fields including smart robots, the “Internet of Things” and artificial intelligence—areas he has said would be a focus for his company over the next 30 years.

Mr. Son has pledged big bucks elsewhere too. Last year, SoftBank formed a joint venture with India’s Bharti Enterprises and Taiwan’s Foxconn Technology Group to invest about $20 billion in renewable energy in India, although it is unclear how far the project has advanced since its inception. Mr. Son has also said he wants to invest as much as $10 billion in Indian tech companies and around $4.5 billion in South Korea’s technology sector over the next decade.

Write to Alexander Martin at, Alec Macfarlane at and Margherita Stancati at

Appeared in the October 14, 2016, print edition as 'SoftBank Plans Technology Fund.'


(editorial comment by JJP.... the $100 Billion Dollars that the young Saudi King or minister of Finance .... (The entire country of Saudi Arbia is looking to Modernize rapidly as witnessed by them finally giving the right to female Saudi's to drive today for the first time in history shows how they are playing catch up with a more Western society sensibility. The Sovereign Wealth Fund of Saudi Arabia has been very actively deployed especially the $100 billion dollars they gave to Softbank to invest on their behalf..

They have sunk major 5 Billion dollar chunks into companies such as NVDA, and a number of other top tier US best of breed tech stocks this past year..... it has been an interesting episode to watch unfold. JJP)

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