For example, on the technological side, George Dvorsky in his 10-18-17 article in Gizmodo.com talks about this newly felt speed of change in his article "Stunning AI Breakthrough Takes Us One Step Closer to the Singularity."
https://gizmodo.com/stunning-ai-breakth ... 1819650084
Regarding economic inequality, author Pedro Nicolaci da Costa describes the increasing speed of change of its change in his article, "America's Humongous Wealth Gap Is Widening Further."Remember AlphaGo, the first artificial intelligence to defeat a grandmaster at Go? Well, the program just got a major upgrade, and it can now teach itself how to dominate the game without any human intervention. But get this: In a tournament that pitted AI against AI, this juiced-up version, called AlphaGo Zero, defeated the regular AlphaGo by a whopping 100 games to 0, signifying a major advance in the field. Hear that? It’s the technological singularity inching ever closer.
A new paper published in Nature today describes how the artificially intelligent system that defeated Go grandmaster Lee Sedol in 2016 got its digital XXX kicked by a new-and-improved version of itself. And it didn’t just lose by a little—it couldn’t even muster a single win after playing a hundred games. Incredibly, it took AlphaGo Zero (AGZ) just three days to train itself from scratch and acquire literally thousands of years of human Go knowledge simply by playing itself. The only input it had was what it does to the positions of the black and white pieces on the board. In addition to devising completely new strategies, the new system is also considerably leaner and meaner than the original AlphaGo.
Now, every once in a while the field of AI experiences a “holy XXXX” moment, and this would appear to be one of those moments.
See Forbes.com, May 29th, 2019
https://www.forbes.com/sites/pedrodacos ... e1cdbe42ee
The elite get rich off the technological advancements, not so the less fortunate. The increase in economic inequality ensures the wealthy will maintain their control of the technology and that revenue is distributed to the wealthy. The laws will ensure it happens this way. Taken together, increasing technological advancements and an increase in economic inequality create the perfect storm against the 99%. While the good fortune of the wealthy spirals upwards, hardship and misfortune plagues the rest of us.The Fed’s report shows, among other things, that the poorest 50% of Americans are literally getting crushed by the weight of rising inequalities.
"The top 10% of the wealth distribution—the purple and green areas together—hold a large and growing share of U.S. aggregate wealth, while the bottom half (the thin red area) hold a barely visible share," Fed economists write in a paper outlining the new data set on inequality, which is more timely than exisiting statistics.
The rich are still getting richer.
The chart show that "while the total net worth of U.S. households has more than quadrupled in nominal terms since 1989, this increase has clearly accrued more to the top of the distribution than the bottom."
Sterling's post #17 on this topic clearly encapsulates this view,
Soon the technological advancements will arrive with an ever increasing frequency and at a rate our minds will not be able to comprehend. Shortly thereafter, we will be consumed.Taken all together, the conservatives who are currently in power will have the opportunity to abuse the legal system in their favor now and even more so in the future. With shortened time frames between technological events, and with massive quantities of events, by the time we as an underclass figure out what is going on with individual and corporate actions, we will be severely injured by the elite. In the blink of an eye, and without technology capable of keeping up in the law profession relative to other arenas, a significant amount of damage can be done. When seen through Mr. Chomsky's view that the Republican Party is the most dangerous organization in human history, and combined with their staunch allies like those corporations creating their own regulations through a process of, regulation capture, there is little wonder as to why we need to be fearful and take action now, not later.