Gilburt: With the advent and proliferation of computer-executed trading, what effect have they had on Elliott Wave analysis, other than the speed at which trading is done?
Prechter: Virtually none. People build their errors of thinking into their programs.
Algorithms reflect what everyone “knows.” Which is often all wrong. Like cows, they herd, and stampede at a loud noise. This might be true even sans humans composing them, but is definitely true with humans coding them up.
The humanities become more important not less as science progresses. The possibility space of action concomitantly increases with scientific knowledge and application, thus giving rise to more situations where humanities learning is needed to mediate between expanded choices, individual and societal.
Vancouver is a better city than most in North America. Amazing what not destroying your community and its environs with highways and the worship of cars can do. To be clear, Vancouver (the one in Canada, not the one in Washington) is still pretty auto-centric, but they just haven’t given absolutely everything over to them.
It’s not perfect — housing costs are utterly out of control, but that is true to some extent in nearly any major North American city. Homeowners and their interests have a near lock on all politics, local and national. Hard to see a way to change that.
Still, striking how different Vancover feels than most American cities. It’s a place at least partially for humans, rather than for machines.
“The laws of physics, I concluded, to the extent that they are true, do not explain much. We could know all the true laws of nature, and still not know how to explain composite cases. Explanation must rely on something other than law.”
Wrong framing. I don’t think I know more than most experts, but I certainly am not attempting to rip myself off, wrench money from my own wallet for nefarious causes, or otherwise attempting to pilfer, purloin, or prise away some ill-gotten gain from myself.
Experts these days more than ever are attempting to do exactly that if not most of the time, then certainly enough of the time that it is an ever-present and huge risk.
So no, I do not trust experts even if they are more skilled and/or competent than I am in their domain — with the way our society is structured, that makes them more of a risk to me, not less.
Oh hell yeah, The Leftoversis back. Such a beautiful, great, gut-wrenching, intelligent, daring second season.
The first season was ok. Boring in parts, unnecessary in others, great in a few others. (But it had Carrie Coon so I kept watching.)
The second season — I say goddamn.
It’s the most human, most absorbing, most lived-in and most dementedly painstaking show on television. And the greatness of Carrie Coon. That last sentence is incomplete because nothing can complete Carrie Coon.
If season 3 is even half as good as the second one was, it’ll be better than 99% of what’s on TV now.
I might go back and re-watch season 1 in light of what I now know — suspect I was missing a lot, or was not in the groove of the show then.