Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

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World’s Largest Wealth Fund wants to Sell $40 Billion Worth of Oil Stocks

Part of the reason for the proposal is risk avoidance; because around one-fifth of Norway’s gross domestic product comes from oil money. The hope is to keep generating enough income to keep Norway’s welfare state going into an oil-free future.

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Some Proof Basic Income Works – Sort of

A more interesting benefit was that a $4,000 yearly increase in household income reduced the poorest kids’ chances of committing a minor crime by 22%, Wired reported.
Children whose families received the payment had 40% less behavioral problems than other kids, Costello estimated. Those kids also had a lower rate of drug and alcohol addiction. She also found that 14% of the Cherokee families that received the income rose out of poverty.

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Most Americans Say God not Necessary for Morality

Americans have become far more tolerant of atheists and non-believers than ever before. Most Americans now believe that there is no link between faith in God and morality.

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Disgraced Otto Founder wants to worship AI as God

The Way’s purpose is: “To develop and promote the realization of a Godhead based on artificial intelligence and through understanding and worship of the Godhead contribute to the betterment of society.”

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Israel unveils the next Generation of Killer Drones

TIKAD is a small flying weapons platform that can also carry a machine gun, a grenade launcher, a rocket launcher, or even a sniper rifle, Popular Mechanics reported. It looks and operates much like popular hobby drones and the drones that companies such as Amazon want to use for delivery.

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Technological Unemployment Jobs Apocalypse is here

“One of the great benefits is there is no overtime, EVER!” Hiberbotics’ website tells potential customers. “Work them as many hours a week as you want and you will always pay the same hourly rate regardless of how long the days get.”

“Also, unlike traditional workers which tend to slow down the longer, they work (here’s some research) the robots never slow down, no matter how long they work,” Hirebotics exclaims. “They also don’t need breaks to go to the bathroom.”

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Number of Religious Americans fell by 8% in five years

Pew discovered that 46% of American adults were willing to admit to having no religion in a poll held earlier this year, a Pew press release indicates. That marked an 11% increase from 2012, when just 35% of Americans were willing to admit to having “no religion.”

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The Age of Drone Warfare has begun

These drone attacks are a game changer; because one grenade destroyed thousands of tons of munitions, and may have disrupted the entire Ukrainian war effort. Thousands of soldiers in the field might have no ammunition because of this one attack.

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Proof that the Luddites are real

Knodel; who worked as an engineer for 35 years, and Sargent seem to the paradigm of the new Flat Earther or the new Luddite. This would be an aging technocrat who devoted his; or her life to technological progress, but is now very uncomfortable with its’ outcome. 

People who worked for decades to create a world where white men would be dominant; as in 1950s or 60s science fiction, and instead found themselves a minority in a multicultural world. Instead of utopia they find themselves in a world they do not understand and confused by those around them.

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