Sunday, October 23, 2011

TWC Session 9

A sparked of idea can change the world. How often will we ever get this Eureka moments in our lifetime? Nobody ever knows. Nonetheless, with so many human brains working towards what each of us percieve to be a better future, something magical will eventually arise out of the chemical reactions within our body to shape our way of life.

The emerging technologies will go beyond our wildest dreams, but amist this fantasy, I feel the need to look into practicality. At times, innovation are there to satisfy vanity instead of practicality. Its as simple as asking yourself, what's the point of having the new innovation?

I drew my attention to an innovation of transparent batteries as seen in one of the readings. The reading mentioned the future of crystal clear handphones, simliar to that owned by Tony Stark in Iron Man 2. Is there really a need for crystal clear batteries? All I saw was a market to satisfy vanity of mankind and a chance for the creators to attempt to fill their pockets with big bucks. Then I look at the 6th sense technology presented by my classmate. Cool, but not practical. Again, vanity at work.

The future of technology is already starting to focus on giving that personal touch to each and every indvidual. Already, technology has seemlesly integrated into our lives to shape the way we live the way we decide. A simple Iphone 4S, can influence one whether to carry an umbrella or not.

As we move along, I believe eventually we will rely heavily on technology to aid in decision making. I took a look around the net and found the works of Bruce Bueno de Mesquita. He created a software which relys on the economist concept of game theory to model human behaviour and gathering statistics to scientifically predict the future of the world. His prediction is based on political negotiations. Its is not guess work,its about systematically breaking down information and quanitfying each factor to deductively reach a conclusion.

Its pretty much looking into a magical crystal ball and hoping to get an answer out of it. This time, a reasonably accurate way. The idea brought across was the fact that Humans ourselves cannot manage the large influx of information around us.

Take an example of a 5 party negotiation, with everyone concerned about one another's decision. Withn a 5 party interaction, we need to factor in combination of 120 possiblities. If you can remember the math, its 5! = 5 X 4 X 3 X 2 X 1 =120. Now if you increase the number of people involved within the negotiation to 10, then the possiblities will reach 3.6million. Isaac Newton onced mentioned, I can calculate the movements of the heavely bodies above us, but I can't calculate the madness of men. In this case what I believe is the fact that , Isaac Newton was confused by the in flow of information. If he was wondering that "it can't be done", he is definitely confused between " I don't know how to do it" versus "it can't be done."

The beauty with technology is the fact that technology can factor this huge amount of data. They don't get tired, they don't get hungry. They do not get emotionally stressed out about the amount of data required to be processed. The accuracy according to the CIA is 90%. Kudos to Math!

The world is moving so fast that decision making has to be fast, no more wishy washy solutions, got to be precise and fast. I saw the beauty of Bruce Bueno de Mesquita's work, integrate this system into international governing bodies will help to solve political conflicts. Take a look at Copenhagen Summit. Each party is concerned about his own outcome, and will always wish to adopt a dominant strategy to the advantage of his country. Ultimately, a conflict of interest occurred and nothing was accomplished from the summit. Now, if we put Bruce's work into Copenhagen, a data will be simulated, an equilibrium will be established that will be beneficial or within the tolerance level of each party, we can skip the conflict altogether and strike a deal immediately. I saw the world in this direction. What about you? 

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