Posted on

Natural selection

It’s important to step back for a moment and consider the scrum from which the hype around Artificial Intelligence arises.

Even without casting [m]any aspersions on the tools as they are bandied about – and there ARE documented, purposeful uses for crunching data with super computers, from folding proteins to finding exoplanets; real stuff and revolutionary for these fields – the general rush to embrace AI for all sorts of, let’s say, less purposeful application should be acknowledged.

After decades of artificial sweeteners, fabrics, food, and foliage, and of course the accompanying, devastation of health impacts and pollution from plastics, PCBs, and many more, a noticeable shift toward the all-natural, hand-selected, bespoke, organic, non-invasive ensued, at least in the marketing materials. This acknowledgement, more human-centered, initially had a kind of desperate last-gasp tone to it that morphed into a realm of preference, if not elevated choice. Thanks, branding!

But it was more than that, and the shift itself coincided with a growing awareness about the dangers of this fakeness and its seamless integration into the activities as well as the mindset that led to and accelerated global warming.

So, now – if you’re keeping score at home – because some of our overlord disruptors in Silicon Valley need to get in on the ground floor of the next new thing, we’re ready to reek further devastation on the information and images we use to navigate the world. It’s not enough to use the verb ‘consume.’ Once we began to use the word and consider ourselves consumers and now just customers instead of citizens, students, patrons, whatever, everything else became easier. And by everything else, I refer to most things unpleasant, empty, lesser, vapid, wasteful of your time, and detrimental to your heart. Yes, doesn’t that sound quaint. Your heart, come now! C’est drôle.

It’s not that the next new thing could destroy us, but that we are so happy to play our part in the destruction. Suddenly we’re helpless to watch another dynamic seize control of how we navigate the physical world as humans. You need not be an AI skeptic to be a tiny bit underwhelmed by that prospect.

The next new thing after this (not investment advice!) will surely consist of selling us back the key to imagination(tm) we somehow lost because everything is fake.

We worry about AI taking jobs but do our part in cheer-leading the takeover, in wonder no less at the ease with which it all happens and the productivity gains sure to follow. In this senseless meandering from one shiny thing to the next, AI might appear to be just another trend we might try, even get used to. Meanwhile, our only job ever has been to discern not the good from the bad, but the real from the fake.

Natural selection, by humans. Darwin should have been more specific.

And by the way, I’m not at all amused by the extent to which this all rhymes with the original rationale I presented for the green blog, oh so [no that] many years ago.

Posted on

Weather or not…

That orange dot was Wednesday July 5.

You want to believe the reports or your lying eyes, it’s getting more and more difficult to hydrate climate denial. Yes, people are still getting rich doing so, with full employment for lobbyists who still help companies muddle the puddles. But that’s basically what they are now and we are full on in our incoherence meltdown. Slow moving isn’t slow enough for the summer news cycle, and though they are always looks for way to spice things up, there’s not a lot of chase left to cut to:

The past three days were quite likely the hottest in Earth’s modern history, scientists said on Thursday, as an astonishing surge of heat across the globe continued to shatter temperature records from North America to Antarctica.

The spike comes as forecasters warn that the Earth could be entering a multiyear period of exceptional warmth driven by two main factors: continued emissions of heat-trapping gases, mainly caused by humans burning oil, gas and coal; and the return of El Niño, a cyclical weather pattern.

…

The sharp jump in temperatures has unsettled even those scientists who have been tracking climate change.

“It’s so far out of line of what’s been observed that it’s hard to wrap your head around,” said Brian McNoldy, a senior research scientist at the University of Miami. “It doesn’t seem real.”

On Tuesday, global average temperatures climbed to 62.6 degrees Fahrenheit, or 17 Celsius, making it the hottest day Earth has experienced since at least 1940, when records began, and very likely before that, according to an analysis by the European Union’s Copernicus Climate Change Service.

Up next: stuck weather patterns, wavy flow, amplified troughs and ridges – and that’s just for the mid-latitudes. Get wise to the flimflammery.

Image: By Elena Shao/The New York Times

Posted on

Really Gross Domestic Product

Leading the index alongside racism, guns, and the forced birth, it’s pandering. And it’s not even close.

Dr. K takes on rural rage in a column this week:

In terms of resources, major federal programs disproportionately benefit rural areas, in part because such areas have a disproportionate number of seniors receiving Social Security and Medicare. But even means-tested programs — programs that Republicans often disparage as “welfare” — tilt rural. Notably, at this point rural Americans are more likely than urban Americans to be on Medicaid and receive food stamps.

And because rural America is poorer than urban America, it pays much less per person in federal taxes, so in practice major metropolitan areas hugely subsidize the countryside. These subsidies don’t just support incomes, they support economies: Government and the so-called health care and social assistance sector each employ more people in rural America than agriculture, and what do you think pays for those jobs?

What about rural perceptions of being disrespected? Well, many people have negative views about people with different lifestyles; that’s human nature. There is, however, an unwritten rule in American politics that it’s OK for politicians to seek rural votes by insulting big cities and their residents, but it would be unforgivable for urban politicians to return the favor. “I have to go to New York City soon,” tweeted J.D. Vance during his senatorial campaign. “I have heard it’s disgusting and violent there.” Can you imagine, say, Chuck Schumer saying something similar about rural Ohio, even as a joke?

Not without conniptions from across the spectrum, including the so-called liberal media – which would probably be leading the charge for apologies. That’s a sort of reflexive pandering that doesn’t even work, performance that no one believes nor allows credit but still happens. And it provides confirmation for the entire industrial pandering complex to double their efforts.

All the hokum about IRS funding we’re about to hear, in the same breath as concerns over budget deficits no less, is merely beating a drum that has been fine-tuned. A lot of this malfeasance lies at the feet of journalism schools and the savvy of corporate media. Politicians who are supposedly afraid of men in dresses and American history now traffic exclusively in hate, and whether it’s performative or not matters not a whit. The results are the same.

Rural voters and the politicians who fan their rage may also be entitled to find out that patience for their antics has limits. Like children, they are absolutely in search of them.

Image: Calculus 1, intro to limits, via the internet

Posted on

Paper, scissors, rock and a hard place

There is an old truism (cite?) that when capitalism and democracy come into conflict, capitalism will always win. But for a long time now it has seemed that the holy virtues of the market are failing the political preferences of the American right. Reasons become excuses and victors turn themselves into victims when they really have to fight against ideas they once supported like market power, not to mention the popular vote. It’s all a bit embarrassing once you step back for a moment. We’ve just gotten used to it, but the whole concept of ‘far-left finance’ is just as crackpot as ‘left-wing corporate media.’ We’re sorry, but no:

Economic modernity isn’t what it used to be. Today, some of America’s largest investors are pension funds that aggregate the savings of unions and public-sector employees, and mutual funds that pool the retirement accounts of white-collar professionals. None of these constituencies are remotely as demographically or ideologically similar to the contemporary conservative base as the capitalist class of yore was to the right-wingers of the mid-20th century. Indeed, over the past 70 years, America’s top executives, money managers, and professionals have grown more diverse, cosmopolitan, and socially liberal, even as the GOP base has grown increasingly animated by exclusionary nationalism and culture wars.

At the same time, consumer-facing brands now covet the favor of young city dwellers, both within America’s borders and beyond them. This is because such consumers are more likely to try new products than your average elderly person in rural America, and the former’s brand loyalty is more valuable, since they are less likely to die soon. That reality, combined with the imperative to compete outside the U.S. market, leads many of America’s most visible firms to align themselves, however superficially, with a progressive and cosmopolitan cultural politics.

Finally, the reality of climate change has given private investors both ideological and financial reasons to disfavor the carbon-intensive industries that supply a disproportionate share of the GOP’s corporate funding. Many public employees and socially liberal professionals like the idea of investing in the green transition, while plenty of far-sighted financiers believe that heavy exposure to fossil fuel assets is unwise in the long-term.

To blame this on some sort of woke anything is just a slur. They can’t compete so they just whine. Refusing to acknowledge where the markets and money flow is not some sort of physics you can undermine with new made-up laws of specialer relativity because you don’t agree with gravity.

Babies are at least honest about what’s in their diapers.

Posted on

Got ’em by the donors

So… a strange (but relevant!) digression. All the chitter-chatter about the former president not being able to get good legal advice, I mean, the absurdity of that sentence alone.

Anyway, some possible reasons why: 1) he lies constantly, 2) he thinks he’s smarter than everyone – meaning he will get you in real legal trouble if you’re on the record representing him and 3) most important, you’ll get stiffed. So why would any attorney with federal court trial experience put their reputation on the line for any of that? The premise is self-refuting. And here’s where the green gets truly, unfortunately, meta.

He’s raising money on all this legal trouble he’s in – stolen docs, destroyed evidence, obstructing justice… and though it looks like its political fundraising, guess again. Winred is not ActBlue. The RNC is raising money from the gullible to pay his legal bills, causing them to also pull out of media buys for weak candidates, which is all fine with me, sure. But let’s call it what it is: green from the green to protect a racket of degenerate hucksterism.

Wasn’t it weird how fast the feds returned his passports? I mean, go already!

Posted on

Recessions fears 1, climate concerns 0

If you’re scoring at home, (and who’s not?) getting off the buying merry go round is proving to be incredibly difficult – even with ever-present reminders of plague, drought, and the cost of everything cross-referenced with the need to exercise and eat better, the joys of being outdoors and seeing people again. It’s all so confusing, especially when the answers are RIGHT there. You’re so close, Brigette:

As gas and food prices climb, Brigette Engler, an artist based in New York City, said she’s driving to her second home upstate less often and cutting back on eating out.

“Twenty dollars seems extravagant at this point for lunch,” she said.

And before you start, no one mentioned anything about anything being easy. But that doesn’t mean everything has to be intentionally more difficult to understand, i.e., predicated on a growing economy and not spooking ‘investor confidence.’ JFC… what does any of that even mean? Please subscribe to my newsletter, Which Word to Italicize:

How people spend their money is shifting as the economy slows and inflation pushes prices higher everywhere including gas stations, grocery stores and luxury retail shops. The housing market, for example, is already feeling the pinch. Other industries have long been considered recession proof and may even be enjoying a bump as people start going out again after hunkering down during the pandemic.

Still, shoppers everywhere are feeling pressured. In May, an inflation metric that tracks prices on a wide range of goods and services jumped 8.6% from a year ago, the biggest jump since 1981. Consumers’ optimism about their finances and the overall economy sentiment fell to 50.2% in June, its lowest recorded level, according to the University of Michigan’s monthly index.

That’s from the same article and I don’t mean to single out CNBC. Just listen Marketplace or any business/economic news and the dissonance is a cacophony (Ed. ?). Unemployment is bad, but a tight labor market rattles the Dow. Prices at the pump have drivers worried about filling up, but what’s the real price of fuel? Hint: Europeans already know. Sure there’s a macro-micro disconnect. But the larger disconnect is the one we keep shoring up: individual actions of millions, propped up and egged on by the corporate and government altars to the status quo, heating up the planet beyond what it can support.

Whether or not we need more reminders of the need to change how we live, more are on the way.

Image: Merry-Go-Round Photograph by Jurgen Lorenzen

Posted on

Defeating the porpoises, an ongoing series

At the intersection of global climate issues and all things monetary, well, it can be difficult to decide which word to italicize anymore:

The U.S.-based crypto exchange Kraken has announced that, despite the layoffs and hiring freezes among its competitors in the ongoing “crypto winter”, they intend to keep hiring aggressively. They also took the opportunity to announce that they “believe bear markets are fantastic at weeding out the applicants chasing hype from the true believers in our mission”, and that they had “taken this opportunity to align our internal culture around a set of shared values”. They also make it clear that anyone who disagree with the changes can GTFO: “In commitment to these values, we also expanded our permanent benefits program to make moving on a bit easier for anyone who feels it’s time for the next chapter in their career.”

That’s from Molly White’s terrific and wonderfully-named website and she’s is no danger of running out of content anytime soon. Because lots of everyones out there think all the other everyones are the suckers, or they’re not sure who is. But whatever, the sucker rule still applies.

And at the same time, it’s more than that. When the last necessary thing was another distraction from the burning and belching, from the fanning, the rising and the storming, everyones are out here convincing themselves to believe in yet another free ride. Yes, it would be great if blockchain ‘tech’ guaranteed that you could trust this invisible money (cf. the italics dilemma). But that’s not how people work. What people do is find the sucker, and adjust for scale, malheureusement.

Image via porpoisesdotorg, natch.

Posted on

Wait and see

Sort of a corollary of f*ck around and find out. But.. good to see Biden getting serious about supporting Ukraine. That’s a big number and it needs to be. On verra, as they say.

The ‘let’s see if this sorts itself out’ attitude from some western countries – albeit, right now fewer by the day – mirrors the general tendency of the same countries to do very little about climate change. All the while:

Rising seas have long been a threat to coastal cities. New research suggests that cities—particularly in Asia—are sinking as well, compounding the risks of frequent and severe flooding.

In Karachi, land is sinking five times as fast as the sea level is rising, according to the study published this month in Geophysical Research Letters. Manila and Chittagong, Bangladesh’s second-largest city, are sinking at 10 times the rate of the rising waters.

In China’s Tianjin, a coastal city about 150 kilometers southeast of Beijing, the ground is giving way at 20 times that speed.

In those four cities alone, the phenomenon could affect roughly 59 million residents.

The study, which used satellite data to analyze 99 cities around the world from 2015 to 2020, points to groundwater extraction related to rapid urbanization and population growth, oil and gas production, and construction.

The next life you save just might be your own.

Posted on

The socialization of capitalism

New York Magazine takes us on a tour of what lays beyond, after the capitalism runs out. That may sound hippie and/or conspiratorial, but facts is facts and the entire game has changed:

Making matters even weirder, contemporary capitalism’s dominant shareholders have no direct interest in the success or failure of the firms they own. All returns on their holdings get passed down the investment chain to their clients — households, governments, and corporations. Asset managers make their money off of their clients’ fees, not their firms’ returns. This diagram may make the hydraulics of the system more legible:

[cool graphic]

Of course, an asset manager that delivered consistently poor returns would attract few clients. And asset managers’ fees are calculated as a percentage of the current value of their clients’ assets. Nevertheless, add a fee-based business model to asset managers’ universal portfolios, and their interest in the performance of any individual firm they own becomes extraordinarily attenuated — even when they are the single largest shareholder of that firm (which is very often the case)!

This is not how capitalism is supposed to work in theory. And it isn’t how corporate governance has ever before worked in practice. To the political economist Benjamin Braun, the contemporary structure of corporate ownership is so novel and consequential as to mark a new era in economic history, the age of “asset-manager capitalism.”

Braun’s papers on this subject are fascinating, and nerds will want to read them in full. Mere dorks, however, may be content to consider the following four ways the rise of asset managers challenges conventional wisdom about how capitalism functions — and how it might be changed.

Cool graphic and the rest at the link. Removing market competition from the equation renders many of the other legacy levers moot. Even the ESG stratagem takes on a different tenor – what does promoting efficiency even mean when the owners of the means of production no longer prevail – when/if we default (curious wording) to a dirigiste model. They, ESG pressure campaigns may become more effective. Because frankly, christian soldiers, that’s what they’re talking about.

Posted on

Of Yachts and Fossils

Who ever knew it, but seizing yachts is very popular! And despite the reporting that will tell you that they are impossible to re-sell, as if that makes the seizures moot, taking the oligarchs’ prized possessions scratches a weird itch in the afflicted that actually bothers the comfortable if you know what I mean and I think you do. These are ridiculous manifestations of not only conspicuous consumption, but also conspicuous waste. It also beggars belief that no useful purposes can be devised for these vessels.

Anyway, to the broader situation of Russia, and trying to strangle their economy without strangling the world economy – unless we de-fossilize our energy sources, the former will always be the latter:

This is a coherent platform for left-of-center parties across the globe: a law-and-order crackdown on international kleptocracy, and mass electrification and renewable energy to weaken the repressive and despotic petrostates. It is not a quick fix (though confiscatory wealth taxes ought to work quickly enough), and it is perhaps not as viscerally satisfying to our bloodthirsty pundit class as more fighters and missiles. But in the medium term the “solution” to the “problem” of Russian aggression is not trying to surgically crash their economy while protecting ours (an impossible tightrope to walk so long as high-income nations fail to quit fossil fuels). It may be impossible now to use Apple Pay to ride the Moscow Metro—it may even be impossible, temporarily, for particular Russian-born billionaires to anonymously purchase London pieds-à-terre—but it is still very easy to take the money you made selling natural gas to Berlin and ask a lawyer in New York to explain how to hide it it in South Dakota. The only sensible Russia policy is to make it unprofitable to be the sort of state it is. This approach would also have the side benefit of improving the sorts of states all of us reside in, and perhaps even of saving human civilization. Defeating Russia, by necessity, requires defeating fossil capital.

via.

Image: Andrey Melnichenko’s SY A sailing yacht that at least looks like a sail boat.