TED2008 Day 3, Session 3: What will tomorrow bring?
http://www.livescribe.com/
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Nassim Nicholas Taleb
author, The Black Swan
Domains
Mediocristan nothing stands out
Extremistan the exception dominates completely
Mediocristan - when your sample is very large, no single observation makes a difference
Taleb is a much more engaging speaker than writer - he has great ideas.
See here for an explanation of what a Black Swan is. Short story - a high-impact, unpredictable event.
Information is from Extremistan - it's winner take all. Take the book business - millions of books, 15-40 novels account for the overwhelming majority of sales.
The Ludic Fallacy: Any analogy with dice is erroneous and a misrepresentation of the structure of uncertainty and randomness.
Unboundness - must have respect for the unobserved (my note - see, this goes right back to physics and the Higgs Particle)
Story of the turkey (this is great!): the turkey is fed and cared for every day, confirming to it that its keeper is acting in its best interest. There is NOTHING in the turkey's life that points to the eventuality he will be on someone's table as dinner.
Uncertainty isn't quantum mechanics, it's Pakistan. The Faux Expert - people who act like they can predict but they can't. Their predictive error margin is so large that you might as well ask a cab driver.
Why are people skeptical about religion and not skeptical about economics.
Inverse problem - if you put an ice cube on the floor and it melts, that's simple. But if you see the puddle on the floor, there are infinite possibilities for reverse engineering the cube the water came from. (This is why it's such a mistake to look back in history and say "Oh, this is what led to that" in history. Hindsight is deceptive in so many cases.
Ends with pictures of Plato and Marx - they both tried to teach us to use our knowledge to make decisions. What we need to do is use our lack of knowledge and how little we understand the world to make decisions.
We're never going to understand the world, so we need to focus on our decision making.
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Chris Anderson
author of The Long Tail
Minimum UAV Project - what if I could make a cheap, simple UAV
diydrones.com
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Peter Schwartz
futurist
"The future isn't what it used to be." - Paul Valery
Many people have become astonishingly pessimistic about the future. Valery didn't mean the future isn't as bright, he meant it isn't as certain.
4 Really Big Questions for the Future
1. Will there be a BIG world war involving the US/China/the Islamic world/India?
2. Will the global economic growth we have seen in the 2nd half of the 20th century continue?
3. Will the fruits of economic growth be relatively evenly spread?
4. Will we be able to achieve growth in an ecologically sustainable manner?
The last is relatively new -- and earth resources and sustainability are likely to be the biggest cause of national tension and possibly war.
1. Will there be a big world war:
Wars are resolved for honor, fear and interest in that order. China, India and US all have common interest right now. America's competitive advantage is we spend. China lends us the money to do so, and our spending helps their economy enormously, as it does in India. No one really has an interest in upsetting this apple cart.
Fear - we don't want war with China...e.g., #1 point of US Naval strategy - avoid conflict with China - share security with them
So maybe the uncertainty is on our side in this area.
2. Will the global economic growth we have seen in the 2nd half of the 20th century continue?
Study of contrasts - Singapore and Nigeria became independent at about the same time, both with a low GDP per capita. Though both had extremely limited resources, Singapore had the human organization to create wealth in a way that hasn't happened in Nigeria, much of this organization supporting education.
There is no limit to growth in human creativity when resource limitations are not in play.
3. Will the fruits of economic growth be relatively evenly spread?
Honest truth - we aren't oging to close the gap between the rich and poor. But can we lift more people out of poverty and grow the middle class?
Wikipedia - the most important anti-poverty tool the world has ever seen (spread of instant, free knowledge
4. Will we be able to achieve growth in an ecologically sustainable manner?
Environmental impact=population x affluence x technology
The population of the earth is not going to double again in the foreseeable future as it did in the boomer generation. OPEC is the most effective conservation organization in the world (by raising oil prices).
There are dramatic, innovative and exciting efforts in all areas of environmentalism that certainly give hope.
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Gregory Petsko
For 12,000 years the distribution of age population has looked like a pyramid. It is looking more like a column now and is quickly beginning to invert. By 2050 there will be 31+ million people in the US over 80. Alzheimer's and Parkinson's will affect 20-30%, costing over $330 billion.
Lower your risk:
Parkinson's
*Caffeine is protective
*Avoid head injuries and avian flu
Alzheimer's
*eat more fish (omega 3)
*keep blood pressure low
*use it or lose it
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Sue Goldie
Some say science and advocacy should be distinct, but she argues that analysis, advocacy and action should be on a continuum.
3 viruses of global health importance:
HIV
Hepatitis B and C
HPV
All have long latency period, affect large numbers, have high cost to treat.
This is all important information but not compelling to me. It would have been more valuable to me if she had talked more about decision science and why it works, how it connects to other disciplines, what other disciplines impact it.
Now she's gotten to something compelling - $50,000 in the US can amount to 23 weeks in increased life expectancy. But in Thailand, that money and amount to 1000 years.
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Felix Kramer
Talking about electric cars:
The planet can't wait for perfection - we need version 1.0 of earth-friendly products NOW.
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LIVE from Aspen
Walter Isaacson
author, former editor of Time
What could the future hold for the great art of narration? It's an art of stringing words together to inform and entertain and make sense of the world around us.
Narrative used to be collaborative, iterative and interactive process centuries ago. The invention of the printing press makes narrative less collaborative, less iterative, more static. Centralized media distribution continued this trend. The internet can change this trend and make narrative a community effort again, but so far it hasn't done much of that. The wiki movement is a step in that direction. Alternative reality and role-playing games are another step - many users control the narrative.
Wish - that we will not lose something that has been at our core for 4000 years.
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Ze Frank
"One thing I've demonstrated is that you can do this job for 16 years without asking a single question." - Clarence Thomas quoted in the NYT
A question is a complicated way of announcing your stupidity.
What are the questions we should ask ourselves over and over again?
"Am I really that big of an idiot?" If you ever start thinking the answer isn't "Yes I am." then you need to ask more questions.



