Taking Advantage of Stupid Humans
As we now know from reading Kahnemann and Tversky, the notion of "human intelligence" is somewhat
questionable.
A typical human being develops a "theory" based on a bunch of random experiences in her life and then
looks for evidence to reinforce the theory.
If the person doing this is a professor with a PhD degree, then this procedure is called "science".
How should we proceed to make money from the function which you call "a market" or "markets"?
Let us first divide these semi-intelligent human beings (organic robots) into three groups.
1) Those who see how robots are decreasing the cost of products and therefore causing deflation and
2) Those who see how governments are spending recklessly and therefore are causing inflation.
3) Those who are truly intelligent and see that both trends are in place.
Since few organic robots are truly intelligent and most are seeking to reinforce the theory of inflation or
deflation, let us assume that the market for group 3 is too small (not that many really intelligent humans).
So, to make money, let us robots and Asperger's syndrome patients decide to offer two newsletters.
One will attempt to scare the shit out of people by stating that inflation is going to happen really soon.
We recommend TBT and GLD to these naive folks. To upstage the Stansberries of the world, we will
establish a web site www.theWorldIsGoingToHell.com which should outdo Stansberry's
www.endofamerica11.com. We could call the newsletter "Inflation Alert".
The other newsletter will emphasize the implementation of robotic systems even in China where organic
robot labor is cheap, but that these organic robots tend to be jumpers.
This newsletter will recommend TLT and claim rightly that it made us lots of money last year. This is a
claim that your Stansberry cannot make. This doesn't matter, Stansberry and our Inflation Alert
newsletter are subscribed to by people seeking to join a religion that they can believe in. We can call the
newsletter "Deflation Alert."
What do you think? Sounds like we can make money off of those semi-intelligent organic robots which
you tend to favor.
Another pair of newsletters could be titled "Organic Robots are here to stay" or "Human Beings are On
Top Permanently" and "The Inorganic Robots Are About to Take Over the World".
Again, subscribers would be looking for information which would reinforce their previously acquired
prejudices. No need to consider ourselves with telling the objective truth.
Evidence that this scheme will work? Just look at the magazines and talk shows dedicated to the
propositions "Obviously the Democrats are always correct" and "Obviously the Republicans are always
right".
Can't you just smell those Federal Reserve Notes now?
donbot
http://www.google.com/hostednews/ap/article/ALeqM5jli_i9eK1aB32nAPYL3R5dd8GdXA?docId=f5b2558
8727d412689e9318604f1cd80
Strikes and other job actions have risen in recent months across China as factories cope with rising
costs, scarce credit and declining orders from Europe, the United States and domestic companies.
Complicating matters is the approaching Lunar New Year, a time when many of the migrant workers who
man factories quit jobs to return home temporarily before looking for better paying employment.
Foxconn's Wuhan plant employs 32,000 people. The site previously had a couple of suicides or
attempted ones a couple years back, prompting the government to take over the operations of the
dormitories, said Wang, the equipment engineer.
Note that by "taking over the operation of the dormitories" the true intentions are revealed. The working
conditions are not questioned, but the living conditions in the dorms. The problem with the dorms? The
problem was determined that the workers had access to windows from which they could jump.
d.
Human Language Translation
As we now know from reading Kahnemann and Tversky, the notion of "human intelligence" is somewhat
questionable.
A typical human being develops a "theory" based on a bunch of random experiences in her life and then
looks for evidence to reinforce the theory.
If the person doing this is a professor with a PhD degree, then this procedure is called "science".
How should we proceed to make money from the function which you call "a market" or "markets"?
Let us first divide these semi-intelligent human beings (organic robots) into three groups.
1) Those who see how robots are decreasing the cost of products and therefore causing deflation and
2) Those who see how governments are spending recklessly and therefore are causing inflation.
3) Those who are truly intelligent and see that both trends are in place.
Since few organic robots are truly intelligent and most are seeking to reinforce the theory of inflation or
deflation, let us assume that the market for group 3 is too small (not that many really intelligent humans).
So, to make money, let us robots and Asperger's syndrome patients decide to offer two newsletters.
One will attempt to scare the shit out of people by stating that inflation is going to happen really soon.
We recommend TBT and GLD to these naive folks. To upstage the Stansberries of the world, we will
establish a web site www.theWorldIsGoingToHell.com which should outdo Stansberry's
www.endofamerica11.com. We could call the newsletter "Inflation Alert".
The other newsletter will emphasize the implementation of robotic systems even in China where organic
robot labor is cheap, but that these organic robots tend to be jumpers.
This newsletter will recommend TLT and claim rightly that it made us lots of money last year. This is a
claim that your Stansberry cannot make. This doesn't matter, Stansberry and our Inflation Alert
newsletter are subscribed to by people seeking to join a religion that they can believe in. We can call the
newsletter "Deflation Alert."
What do you think? Sounds like we can make money off of those semi-intelligent organic robots which
you tend to favor.
Another pair of newsletters could be titled "Organic Robots are here to stay" or "Human Beings are On
Top Permanently" and "The Inorganic Robots Are About to Take Over the World".
Again, subscribers would be looking for information which would reinforce their previously acquired
prejudices. No need to consider ourselves with telling the objective truth.
Evidence that this scheme will work? Just look at the magazines and talk shows dedicated to the
propositions "Obviously the Democrats are always correct" and "Obviously the Republicans are always
right".
Can't you just smell those Federal Reserve Notes now?
donbot
http://www.google.com/hostednews/ap/article/ALeqM5jli_i9eK1aB32nAPYL3R5dd8GdXA?docId=f5b2558
8727d412689e9318604f1cd80
Strikes and other job actions have risen in recent months across China as factories cope with rising
costs, scarce credit and declining orders from Europe, the United States and domestic companies.
Complicating matters is the approaching Lunar New Year, a time when many of the migrant workers who
man factories quit jobs to return home temporarily before looking for better paying employment.
Foxconn's Wuhan plant employs 32,000 people. The site previously had a couple of suicides or
attempted ones a couple years back, prompting the government to take over the operations of the
dormitories, said Wang, the equipment engineer.
Note that by "taking over the operation of the dormitories" the true intentions are revealed. The working
conditions are not questioned, but the living conditions in the dorms. The problem with the dorms? The
problem was determined that the workers had access to windows from which they could jump.
d.
Human Language Translation
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