You can do a Google search and see tons of articles that are basically written in astonishment of this statement from Mary Jo White, Head of the SEC. It is getting old when you have people that write code and math models that try to educate and advise consumers of what’s going on with servers 24/7, some of which
in the past have written some of that code, and then we hear “bliss” like this. I guess we are back to “if I don’t acknowledge it, it doesn’t exist. Example in the image to right, do you believe in “perfect handshakes”? Some folks do as they can’t separate virtual and real world values.
The sad thing about all of this denial is that it ends up allowing bad behavior and the folks who know how to manipulate and control with flawed math models, some that lie, get to keep doing it until one day it breaks again. You have never lived until you have seen a “fried” data base that’s beyond repair with corruption and we still keep putting the “bliss”, normally lawyers who only worry about verbiage in control of “tech heavy” agencies.
They do some good work though as sometimes there’s some low hanging fruit that ends up being substantial out there but it never touches the root of the problem, where lying models and killer algorithms are created. So it looks like another ride like HHS in reference to believing in Algo Fairies. It’s never going to be 100 Bottles of Beer when it comes to math models…and that’s what runs the markets.
On another area, look at how much Google is spending on lobbying, both sides. It’s kind of scary to see how they have been able to “work the bliss’ with the Heritage Foundation (along with some money) to keep those beliefs alive too and when they are done they leave and the other folks go back to their favorite past time of discussing women’s health and abortions. It’s smart but also scary marketing.
We once again have the wrong type of people in charge of trying to be a figure head with technologies they know nothing about and thus so choose to not believe they exist..sad. Should we talk a little Madoff maybe? Even he knew how to build a system to fake everyone out. If the same course keeps rolling I guess I might fully expect the entire data selling epidemic to be ignored too. Again people smarter than me have taken time to research and bring 0 and 1 facts to light but seems like bliss and denial it’s going to be.
World Privacy Forum Report - The Scoring of America: How Secret Consumer Scores Threaten Your Privacy and Your Future - One Big Element that Fuels the Continued Attack of Killer Algorithms & Demise of the Middle Class Creating Profiteering
It’s sad we have another wrong person in the wrong job again and “The Grays” live on with one heck of a spoof that’s killing the nation, using one server at a time and a lot of bliss. What we had at t
he VA in Phoenix, same symptoms with not being able to “make a left turn” to save a life, the same “Grays”. I’m not the smartest person out there by far but even I can see this clear as day. Here’s what I call “The Grays” at the link below where folks can’t tell the difference between virtual world and real world values. Banks and corporations love it as complexities mean profit with having systems that are too complicated for the average person to even understand portions of what’s going on.
Virtual Worlds, Real World We Have A Problem And It’s A Big One With A Lot of Gray Areas Finding Where The Defining Lines Exist, Confusing Many With A Lot of Weird Values And Strange Perceptions…
Consumers and investors need a fair shake and as long as “The Grays” permeate, those elements in the virtual world that hurt others will continue to creep over into the “real world”. If you look at banks moving away from commodities, there’s a reason for that and their actions in the virtual trading worlds over there affect the real world, mining operations can be shut down based on trading activity so I would say at this point they are vacating as they don’t want that on their heads as it’s easy to track back to a trade, unlike what we having going on here with “code running hog ass wild”..and praying for some kind algo fairies to show up and save the day.
If you look at what we have in health insurance, sure it’s a good thing more people have coverage and I keep the link to the government site even on my blog but again we have some issues with a bunch of killer algorithms that don’t work together and everyone is having hassle after hassle here as again nobody wants to look at the models and make things work together, it’s math and algo battles all the way and consumers are stuck with it.
Obamacare - One Big “Attack of the Killer Algorithms” No Matter Which Direction You Turn, Compounded With a Lot of Government and Consumer “Algo Duping”….
So again, do a Google search and look at all the articles in disbelief that one person in charge, can make such a statement that has no tech background at all…I just wonder how long we are going to live in “The Grays” and when reality is going to government over the head. Inequality is modeled and not just something that has occurred. Watch video #3 in my footer for more on that and actually watch all of them and it will give you a new perspective on the bliss. If you want more I have a collection of links and videos from folks smarter than me at the Algo Duping/Killer Algorithm page and I put it together just as an effort to help educate as to what’s really going on.
So I guess it’s Mary Jo White and “The Grays”..for a while until the “real world” comes calling and we know what that feels like and it isn’t good when it ripples down Main Street as quantitated justifications for things maybe are not true continue. I guess we keep reliving ‘Groundhog Day” once agency at a time?
Quantitated Justification For Believing Things That Are Not True And Using Mathematical Processes To Fool Ourselves-The Journalistic Bot Functionality Debuts As Media Can’t Resist the Formulas…
Here’s what we got from the Department of Justice investigating the sub prime refinance situation…not much. BD
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