re-post late lb
George Gilder on Life After Google: The Fall of Big Data & Rise of the Blockchain [Cryptocosm] Economy
Mark Levin with George Gilder, author of Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy [11/25/18]
Gilder: What makes capitalism different from socialism is that capitalism is creative, openness to surprise. All learning comes from human creativity. Socialism is based on planning, not creativity. It assumes that we already know everything we need to know to plan our future.
Google Marxism: Based on progressive ideology. Belief that the Industrial Revolution was the final achievement, so what will matter in the future is the redistribution of wealth. Google now has the same idea about current tech achievements. They think we’ve “arrived” at our final technological destination. This is always what Socialists think. This is “fundamentally hostile to human creativity.”
Ray Kurzweil: Believes in the Singularity, the moment when human technology will exceed human minds. But this isn’t possible; machines are deterministic by nature. But this idea underlies the thinking of those in Silicon Valley. Any machine is dependent on an “oracle”—intelligence outside the box (human intelligence). That machines can exist without humans is not possible.
Machines can enhance human capabilities, but they’re not ever going to replace human beings.
He goes on to propose a new approach to Internet security, where all our data is saved in a distributed form (not in one place), so it can’t easily be hacked. This is the Cryptocosm, which also involves a new worldwide financial system based on the bitcoin-style approach.
What does Cryptocosm mean? It’s revolutionary but it makes the individual paramount (not large corporations). “ It re-establishes the individual creator as the heart of the system.” Role of government: provides support that facilitates creativity (family, culture, etc.). The role of government will not be to guarantee results (because this prohibits learning and stifles economic growth). Best role for government: leave the Internet alone.
Apple, Amazon, Google: These won’t be as big in the future as they are now. Cryptocosmic companies will dominate. New system will accommodate surprise. Today’s youth wants guarantees but these don’t work, e.g., student loan programs. We don’t have open debates (about e.g., climate change). People even blame the weather on the Republicans.
The US in 10 years: It’s life after Google. There’s a new architecture of the Internet, a new financial system that restores the rights and identities of individuals. Will incorporate the Providential intelligence of human beings. Many avenues for future aspiration and creativity.
https://www.youtube.com/watch?v=tH3H1fHHq20