Unveiling the “Sixth Sense,” game-changing wearable tech
Pattie Maes demos the Sixth Sense | Video on TED.com
Talks Pattie Maes & Pranav Mistry: Unveiling the “Sixth Sense,” game-changing wearable tech

Surviving in Argentina: Thoughts on Urban Survival
Surviving in Argentina: Thoughts on Urban Survival (2005)
When it comes to security things get even more complicated. Forget about shooting those that mean you harm from 300 yards away with your MBR. Leave that notion to armchair commandos and 12 year old kids that pretend to be grown ups on the internet.
Great Britain - The “Rust Belt” of Global Finance
Great Britain - The “Rust Belt” of Global Finance
Because of the importance of Britain’s financial sector, its bank bailouts need to be nearly as large as those in the United States, yet its tax base is only one quarter the size.
The way the brain buys
The science of shopping | The way the brain buys | The Economist
IT MAY have occurred to you, during the course of a dismal trawl round a supermarket indistinguishable from every other supermarket you have ever been into, to wonder why they are all the same. The answer is more sinister than depressing. It is not because the companies that operate them lack imagination. It is because they are all versed in the science of persuading people to buy things—a science that, thanks to technological advances, is beginning to unlock the innermost secrets of the consumer’s mind.
CynicusEconomicus: 2009 - The Year of the Fall of the West
CynicusEconomicus: 2009 - The Year of the Fall of the West
It is a very big question. I am not really sure that I know the answer. I am not sure how bad things may yet become. Many months ago, a commentator on a post asked whether I thought that there would be food shortages in the UK in the future. I suggested that this would not be the case, and still think that it will not become that severe. However, I do think that the UK is heading towards that kind of severity, though will never reach that point. There are still enough companies in the UK that can create genuine wealth, that are competitive in the world, but they are too few in comparison to the needs of the country. This has been evident for many years in the ongoing balance of trade deficits.
My comment:
Great post. Just one thing caught my attention:
You said “I do think that the UK is heading towards that kind of severity… (food shortages) though will never reach that point. There are still enough companies in the UK that can create genuine wealth, that are competitive in the world”
You believe we won’t see food shortages. I do.
The companies that are still competitive in the UK will flight as the situation deteriorates. No point in staying in a country with shrinking individual purchasing power, rising unemployment -so less people can buy your services- and a currency and hard assets -property, machinery- depreciating by the minute.
The capital will rapidly get out of here as things get tougher. This is already happening as yo u know.
Politicians will let the capital leave because they’ll be either pressured into doing so, or simply because wealthy politicians themselves will benefit of not impeding this massive and rapid capital flight.
There will also be “noise” by populist politicians and the masses on “spreading the wealth” more evenly, increasing taxes to the wealthy. This will only accelerate the capital flight process. End result: an economy that does not produce anything competitively exportable, where people can’t find jobs and small amounts of money change hands very slowly. If we add to this the fact that most western societies are not geared to producing their own food, why can you not see food shortages in the future?
The Great Depression of the 21st Century: Collapse of the Real Economy
The Great Depression of the 21st Century: Collapse of the Real Economy
The November 15 G-20 Financial Summit in Washington upholds the Washington-Wall Street consensus.While formally presenting a project to restore financial stability, in practice, the hegemony of Wall Street remains unscathed. The tendency is towards a unipolar monetary system dominated by the United States and upheld by US military superiority.
The architects of financial disaster under the 1999 Gramm-Leach-Bliley Financial Services Modernization Act (FSMA) have been entrusted with the task of mitigating the crisis, which they themselves created. They are the cause of financial collapse.
The G20 Financial Summit doesn’t question the legitimacy of the hedge funds and the various instruments of derivative trade. The final communiqué includes an imprecise and blurred commitment “to better regulate hedge funds and create more transparency in mortgage-related securities in a bid to halt a global economic slide.”
A solution to this crisis can only be brought about through a process of “financial disarmament” as initially formulated by John Maynard Keynes, which forcefully challenges the hegemony of the Wall Street financial institutions including their control over the monetary policy.
The practical consequences of depression 2.0
AMERICAN GOTTERDAMMERUNG « Mike Cane 2008
I’ve seen posts elsewhere by people stating they’d rather see the collapse of the entire economic system instead of having the current alleged bailout go through. They believe they could live through the consequences of that.They are so wrong.
The power of computers in today’s financial world
You may remember my post here about quantum computing. Now read this article:
Internet Bots: Anatomy of a Stock Selling Frenzy - HotHardware
The Wall Street Journal reports that at about 10:45 a.m. EDT on Monday, September 8, “a headline from the outdated report flashed across Bloomberg screens.” At which point, “algorithmic trading mechanisms, which buy and sell stocks based on news headlines and earnings data,” started selling off the United Airlines stock on the mistaken assumption that the company had just filed for bankruptcy. United’s stock plummeted over the course of the next 15 minutes until NASDAQ halted trading of the stock and United issued a statement saying that the rumors of its recent bankruptcy were greatly exaggerated. The Wall Street Journal adds that “UAL’s stock price ended Tuesday’s session at $10.60, down 2.8% on the day and nearly 13% off Monday’s open.”
Optimizing humans for machine-like performance
Book Excerpt: The Numerati by Stephen Baker
Takriti confesses that he’s nervous. His assignment is to translate the complexity of highly intelligent knowledge workers into the same types of equations and algorithms that are used to fine-tune shipping or predict the life span and production of a mainframe computer. With time, he and his team hope to build detailed models for each worker, each one complete with a person’s quirks, daily commute, and allies, perhaps even enemies. These models might one day include whether the workers eat beef or pork, how seriously they take the Sabbath, whether a bee sting or a peanut sauce could lay them low. No doubt, some of them thrive even in the filthy air in Beijing or Mexico City, while others wheeze. If so, the models would eventually include this detail, among countless others. The idea is to build richly textured models that behave in their symbolic realm just like their flesh-and-blood counterparts. Then planners can manipulate them, looking for the most efficient combinations.
Potential Future Hyperinflation
Potential Future Hyperinflation
Walter “John” Williams thinks out of the box. He makes disquieting reading, but you won’t find him in the mainstream. At least not often. He runs a “Shadow Government Statistics” site with an electronic by-subscription newsletter. Anyone can access some of his data and occasional special reports. They can also assess his reasoning. In his judgment, government data are manipulated, corrupted and unreliable. He’s not alone thinking that.
