08 MAY 2015 by ideonexus
China to Rate Online Behaviour in Social Credit System
Chinese internet firms are definitely interested, as Ant Financial, a subsidiary of ecommercegiant Alibaba, recently showed. To its popular app Alipay it added a new service which rated a person's credit worthiness on a scale of 350 to 950 points. This score is not only determined by one's lending behavior, but also by hobbies and friends. If friends have a poor lending reputation, this reflects badly on the person, just as prolonged playing of video games. Buying diapers indicates responsibi...Folksonomies: socialism social ratings
Folksonomies: socialism social ratings
1 22 JAN 2014 by ideonexus
Beauty is More Important than Accuracy
I think that there is a moral to this story, namely that it is more important to have beauty in one's equations than to have them fit experiment. If Schroedinger had been more confident of his work, he could have published it some months earlier, and he could have published a more accurate equation .... It seems that if one is working from the point of view of getting beauty in one's equations, and if one has really a sound insight, one is on a sure line of progress. If there is not complete ... 1 
notes
notesInteresting argument: beauty in an equation is more important than having it completely fit the reality.
13 APR 2013 by ideonexus
Today's Problems Are Too Complex for Individuals to Solve
The human race has had a long and romantic tradition of crediting great breakthroughs to the tribulations of single individuals: Einstein, Archimedes, Benjamin Franklin, Van Gogh, da Vinci—the list is lon^g. Interestingly, every story about an epiphany is similar: An eclectic individual attempts to solve a complex problem that has stumped humankind for centuries, when suddenly he stumbles on an "aha!" moment. At first his revelation is rebuked by everyone, and then, over time, the inventor ... 1 notes
notesHistory is filled with the names of inventors who made great discoveries, but it took teams to invent the Internet, Cell Phone, and Semi-Conductor.
18 MAR 2012 by ideonexus
Society Needs People Who Are Concerned With Ideas, Not Th...
Humanity certainly needs practical men, who get the most out of their work, and, without forgetting the general good, safeguard their own interests. But humanity also needs dreamers, for whom the disinterested development of an enterprise is so captivating that it becomes impossible for them to devote their care to their own material profit. Without the slightest doubt, these dreamers do not deserve wealth, because they do not desire it. Even so, a well-organised society should assure to such... 1 notes
notesQuoting Marie Curie on a class of people who are not materialist, but society should support them so they need not be concerned with materialism.
03 JAN 2011 by ideonexus
The Consumer is Not King
Marketers glibly say that the consumer is king, but in practice he's not. In the real world, experienced marketing and consumer-affairs hands will tell you, consumers aren't very good at protecting their own interests. They're too busy consuming, or working, or just living regular lives. The groups that claim to protect their interests often end up with their own agendas, which may have more to do with Washington power battles and fund-raising than with genuine consumer interests.Folksonomies: capitalism
Folksonomies: capitalism
1 notes
notesThis is a common-wisdom that is not true in practice, consumers are too busy too look out for their own interests.
