One's personality is both a composition and reflection, but if I have to choose one of them, I will choose reflection as the "self" is more important to me than "me". One's composition may change, walking across the cultural landscapes and climbing the social ladder but one's self is tied to one's reflections. The fun part is that reflections are not bound to "Time-Space" barriers ( it is not time-space) and respective mental constructs, which have grown so thick over ages, that they had reduced the image of humans to Sisyphus, rolling different sizes of boulders on hills of different heights.… As the name of this Blog indicates, knols are my perspectives on topics of interests, sweet/bitter experiences or just doodling :)
Saturday, July 14, 2018
Wednesday, June 20, 2018
Saturday, April 28, 2018
The old lady limped a bit, was a bit overweight and struggled with her sari as she moved around the stoves. She was cooking several dishes while making puffed roti, all at the same time.
Monday, April 16, 2018
If you have donated in or noticed any of the above-mentioned developments, it is very likely that you may have asked yourself, despite the generosity of commoners and corporate businesses, why there is so much frustration over access to healthcare and insecurity of job, housing, and even nutritional food? No doubt, commoners, corporates, and techs are getting smarter. Why generosity and smartness are failing to solve the problems that smaller countries (with much smaller economies) have efficiently handled?
THE PLAUSIBLE ANSWER COULD BE,
While people have noticed the most advertised gestures like donation campaigns, mega-philanthropic projects and crowd-funding and so forth, they have failed noticed the most important societal change and THAT'S in words of the Michael Sandel (The political philosopher) becoming a MARKET SOCIETY (Please read about the difference between Market Economy and Market Society by following this link or you can watch here a talk by Prof. Sandel the role of Market Society in increasing economic inequality).
While the common expectation is that by the evolution and ease of access to media, people become more politically aware and their ability for cross-referencing and weighing facts increase linearly, an important factor is usually downplayed and THAT IS THE SHRINKING ATTENTION SPANS on the most important societal changes.
AGE OF TWITTER
Who could imagine that one day the most popular source of news will become a platform where tweets will be limited to 280 characters? The popularity of the twitter as the largest news source illustrates the extent of the shrinkage of attention span. Still, not convinced? How about communicating important policies of the US via twitter by POTUS? Could anyone have imagined that one day POTUS will declare war via twitter?
It was understood that the earlier exposure of children to television makes them struggle with sustaining attention in their later age. But the becoming of twitter as a communication tool for highest ranks of the government shows that it is not just common people who suffer from shrinkage of the attention span but also leadership and policymakers.
According to the WorldWideWebSize.com statistics, the size of the indexed pages on Google increased on average of 1.5 billion pages per year, in last two years (There are an estimated more than 45 billion indexed web pages on Google). Now, add to that the gaming and binge-watching as the most dominant forms of the entertainments and time passing activities.
Yes, people have access to media and they are smarter than ever but if the attention spans to the important issues have kept shrinking, then, while people know the little details of the most events, they will fail to see the big picture. AND THAT'S TRAGIC.
Tuesday, April 10, 2018
1. The market economies with good managers out-performed the communist economies with equally competent managers.
2. Communist economies age at the young age.
3. Market economies with bad managers create a social dichotomy of winners and losers.
Let me give some examples so you can make sense of what I mean by those three statements.
1. Market Economies with Good Managers:
3. Market Economy With Bad Managers:
Before going to the second point, I brought up the second point for the obvious reason of stressing that Market Economy does not do well by default. It needs proper management;
The memory of the 2008 US government bailout of the banks after the real-estate-market-crash is still fresh. That was a defining moment in the history of the market economy that exposed the effect of bad management. While the bailout saved the banks but the fallouts of the bad management pushed the forking of the losers (who live under fear of losing jobs, homes, and saving) and winners economic classes to the extreme that led to the occupied wall street movement and election an administration that has promised to run US government as a successful business.
I can add the long list of the countries with soured market economies from the four continents of Asia, Africa, America and Europe but for the sake of staying on the point, I prefer to restrict this knol to the big names. So, let's bring in China. Everybody talks about China, one or another way. From Chinese products to ambitious Chinese land-based-economic-corridor projects to the US-China trade war. It all indicates the success of Chinese economy that is unlike any other economy is very unique. So far, it is a very well managed hybrid market economy that pulled millions of Chinese out of poverty, what communist China couldn't achieve. The Chinese model showed that well-managed communist economy soon expands to its limits but a well-managed market economy can sustain growth much better for a longer time period.
2. The short lifespan of Communist Economy:
Since the powerhouse of the communist economy barely lived for eight decades and there does not exist any mentionable communist economy, this subtitle is almost self-explanatory.
NOW, let's consider a plausible answer to the WHY:
It's common sense that smaller the number or size of something (at macro-scale), it's management is easier. Small villages are mostly self-sufficient populations that neatly recycle their resources. In comparison, the bigger the population of an area, the more they rely on the exchange of goods with other populations, the greater are their waste and more obvious are the economic segregation of the populations.
Size of Problem: My hypothesis is that the bigger the size and complexity of the economy, the greater are the chances of the mishaps and mismanagements. That's one of the main reason for an inherent short lifespan of the communist economy. The government can manage certain amounts of mishaps. Once, the number of mishaps increase, they start tearing down the whole system.
Seeing Patterns That Matters: The human factor is another reason for mishaps when it comes to the handling of large numbers/sizes. In one of the databook (I don't remember where) I read, "Human brains are so good at detecting patterns, they most often overfit." The overfittings make them see things that are either not there (noise) or make predictions based on averages ignoring big chunks of important information that actually matters.
Trusting The Judgements of the Performers Instead of Performance:
If you have closely watched the politicians, they are good performers, the composition of voices, body languages, the environments, and messages are appealing that make people follow them. In comparison, not too many people really care what kinds of laws they pass. It's too much of boring and complex information that is not pleasing at all. People want excitements and relaxations after dealing with exhausting jobs and dealing with their daily personal battles.
Transparency And Fairness Are the Building Blocks of A Moral Economy:
I guess I may better not to go into defining a moral economy here (the risk of undermining the main topic, that's setting the role of artificial intelligence in creating a fairer economy). Still, it's essential to point out that without fairness and transparency there will be not any moral economy. Having said that, I very like to stress that even if intentions are good, complexity and size of problems reduce significantly the transparency of information and hence the fairness of the decisions based on the poor understanding of information. Here comes the role of the AI.
As I prefer short blogs, I will try to add more on the topic in my next blog post.