Bill Gates: Global inequality is falling faster than ever

“Now let’s move on to the global picture, and look at the share of global wealth held by the richest 1% - a slightly different measure than the earlier chart, which looked at income inequality. A January 2016 Oxfam report revealed that the richest 1% held over 50% of global wealth – a situation that has become steadily worse over the last five years:


Image: Oxfam

But Bill Gates’ point – which he has made before – is that while incomes at the top of the scale may be rising, overall global inequality is being reduced by the reduction of poverty.

While he is specifically referring to the last 20 years or so, the wider point can be illustrated by taking a longer view. This graphic from Our World in Data shows the progress made in improving the distribution of world income over the last 200 years.”

Bill Gates: Global inequality is falling faster than ever
https://www.weforum.org/agenda/2016/04/bill-gates-global-inequality-is-falling-faster-than-ever/
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The Neighbourhood Where Google Plans to Kill the Private Car

“Many of us may someday be living inside that structure. And what brings us there could be Quayside’s self-driving cars. “Power and control over autonomous-vehicle technology is already concentrated in the hands of a small few,” wrote Anna Wiener last November in the New York Times, “If a company like Uber or Alphabet controls the dominant transportation infrastructure you need not live in an intentional community like Quayside to feel as though your city is becoming a company town.””

The Neighbourhood Where Google Plans to Kill the Private Car
https://www.vice.com/en_ca/article/a3y59e/the-neighbourhood-where-google-plans-to-kill-the-private-car
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The Neighbourhood Where Google Plans to Kill the Private Car

“If Google can hasten the demise of the private car, it would accelerate a shift in corporate power already underway at the top of our economy. Since the advent of car-dependant suburbs like Levittown, the world’s most valuable companies have been oil producers like Exxon, Shell, BP, and Chevron. Today the list is dominated by Apple, Google, Microsoft, Amazon, and Facebook. Google’s parent Alphabet alone is worth $763 billion. “The numbers are staggering,” Gerd Leonhard, a Switzerland-based futurist, speaker and author, recently told me. “Tech is basically much bigger and more powerful than oil has ever been.” Google’s vast financial power comes from ruling the digital realm. Quayside gives it a bridge into our physical world.”

The Neighbourhood Where Google Plans to Kill the Private Car
https://www.vice.com/en_ca/article/a3y59e/the-neighbourhood-where-google-plans-to-kill-the-private-car
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Life in 2030: these are the 4 things experts can't predict

“This explosion of connectivity brings new possibilities, but also economic and social vulnerabilities. The level of coordination and coding required to stitch the Internet of Things together is orders of magnitude more complicated than any historical endeavour yet. It is likely that things will break and no one will know how to fix them. Bad actors will be able to achieve societal disruptions at scale and from afar. Consequently, we are faced with some hard, costly choices. How much redundancy should these complex systems have? How will they be defended and by whom? How is liability redefined, as objects are networked across a global grid and attacks can metastasize quickly?”

Life in 2030: these are the 4 things experts can't predict
https://www.weforum.org/agenda/2017/11/life-in-2030-what-experts-cant-predict/
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Congress Is Unearthing Facebook’s Terrible Power

“The problem Zuckerberg faces is running an empire that’s too big for any one entity to control. The largest virtual public square in the world, one that provides a communications tool to 2.2 billion users is overseen by one individual. Zuckerberg created something that is far bigger than himself, and he–along with the rest of us–failed to account for the unintended consequences in advance. We’re concerned about who gets access to our information, yes. But as yesterday’s Senate hearing revealed, we’re also concerned about many other ways Facebook is impacting our lives. We’re worried our children are becoming addicted to it.”

Congress Is Unearthing Facebook’s Terrible Power
https://www.wired.com/story/congress-is-unearthing-facebooks-terrible-power/
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What Will Our Society Look Like When Artificial Intelligence Is Everywhere? The view from 2065

“Humans look back at the beginning of the 21st century the way people then looked back at the 18th century: a time of sickness and disaster, where children and loved ones were swept away by diseases. Cholera, lung cancer and river blindness no longer threaten us. By 2065, humans are on the verge of freeing themselves People like Ray Kurzweil, the inventor and author of The Singularity Is Near, are entranced with the idea of living forever. It’s something I’ve always found depressing, but I wouldn’t mind having several lives packed into one. And that seems reachable. “AI won’t lead to immortality, because there will always be accidents,” says Susan Schneider, “but it will lead to extreme life extension.” Of course living longer will be cool only if the world is actually not a hellscape—and if you live in one of the nice parts. “I think [curing diseases] would be wonderful,” she says, “especially if we had cheap energy and were able to end world resource scarcity. I imagine some societies will come closer to achieving that than others.” from the biology that created them.”

What Will Our Society Look Like When Artificial Intelligence Is Everywhere?
https://www.smithsonianmag.com/innovation/artificial-intelligence-future-scenarios-180968403/
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How the Government Could Fix Facebook

“Peter Swire, a privacy-law professor at the Georgia Institute of Technology who testified last year in an Irish court on behalf of Facebook, recently laid out the legal case for why Google and Facebook might be regulated as public utilities. Both companies, he argued, satisfy the traditional criteria for utility regulation: They have large market share, are natural monopolies, and are difficult for customers to do without.”

How the Government Could Fix Facebook
https://www.theatlantic.com/technology/archive/2018/04/four-ways-to-fix-facebook/557255/
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The Paradox of Universal Basic Income: must-read by Joi Ito

“That would be applauded by libertarians and some conservatives, but not by many others.

Underpinning the Silicon Valley argument for UBI is the belief in exponential growth powered by science and technology, as described by Peter Diamandis in his book Abundance: The Future is Better Than You Think. Diamandis contends that technological progress, including gains in health, the power of computing, and the development of machine intelligence, among other things, will lead to a kind of technological transcendence that makes today’s society look like how we view the Dark Ages. He argues that the human mind is unable to intuitively grasp this idea, and so we constantly underestimate long-term effects. If you plot progress out a few decades, Diamandis writes, we end up with unimaginable abundance: “We will soon have the ability to meet and exceed the basic needs of every man, woman, and child on the planet. Abundance for all is within our grasp.” (Technologists often forget is that we actually already have enough food to feed the world; the problem is that it’s just not properly distributed.)

Many tech billionaires think they can have their cake and eat it too, that they are so rich and smart the trickle-down theory can lift the poor out of poverty without anyone or anything suffering. And why shouldn’t they think so? Their companies and their wealth have grown exponentially, and it doesn’t appear as though there is any end in sight, as Marc Andreessen prophetically predicted in his famous essay, “Why Software is Eating the World.” Most of Silicon Valley’s leaders gained their wealth in an exponentially growing market without having to engage in the aggressive tactics that marked the creation of wealth in the past. They feel their businesses inherently “do good,” and that, I believe, allows them to feel more charitable, broadly speaking.”

The Paradox of Universal Basic Income
https://www.wired.com/story/the-paradox-of-universal-basic-income/
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Facebook Executive In 2016: “Maybe Someone Dies In A Terrorist Attack Coordinated On Our Tools”

“The ugly truth is that we believe in connecting people so deeply that anything that allows us to connect more people more often is *de facto* good. It is perhaps the only area where the metrics do tell the true story as far as we are concerned,” he wrote. “That isn’t something we are doing for ourselves. Or for our stock price (ha!). It is literally just what we do. We connect people. Period.””

Facebook Executive In 2016: “Maybe Someone Dies In A Terrorist Attack Coordinated On Our Tools”
https://www.buzzfeed.com/ryanmac/growth-at-any-cost-top-facebook-executive-defended-data
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