The Jackson Administration Will Issue Blockchain Bonds

The Jackson Administration will move blockchain technology forward by issuing government securities using distributed ledger (blockchain) technology.

Terrance Jackson 2020

Our faith in the promise of America will move mountains and unleash unsuspected human potential where nothing will be impossible for us.
And Jesus answered and said to them, “Truly I say to you, if you have faith and do not doubt, you will not only do what was done to the fig tree, but even if you say to this mountain, ‘Be taken up and cast into the sea,’ it will happen.
~ Matthew 21:21

Gladiators

Treasury sets $78 billion auction as it’s on track for topping $1 trillion in issuance

Continue reading

The Way Forward in Technology

It’s a New Golden Age for Technology
The way forward in technology is building a vertically integrated company with a diverse team.
Your phone’s battery life could always be better, but it could have been much worse. Decades after John Hennessy and David Patterson invented the technology that made high-performance, low-power gadgets possible, they have received the ultimate honor—the $1 million ACM A.M. Turing Award, billed as the “Nobel Prize of Computing.” You can thank them quietly whenever you pull your phone out.
In the 1980s, the two professors (Hennessy from Stanford, Patterson from Berkeley) developed technology called RISC—the reduced instruction set computer. The gist: A CPU runs more efficiently if software feeds it a lot of simple instructions instead of fewer, but more complicated ones. Early programmers and chip designers took the latter route, since they could write shorter code, and leave the CPU to unpack it. But as programming languages got more sophisticated in the 1970s and 1980s, they took over the grunt work, translating high-level code written by humans into the litany of instructions the CPU needs. That made Hennessy and Patterson’s RISC concept make sense without inconveniencing software engineers.
99% of Processors today are RISC!


Continue reading

The Police Need Legitimacy

What happened when California spent billions of dollar to support to the Three-Strikes Law?

Then He poured water into the basin, and began to wash the disciples’ feet and to wipe them with the towel with which He was girded.
So He came to Simon Peter. He said to Him, “Lord, do You wash my feet?”
Jesus answered and said to him, “What I do you do not realize now, but you will understand hereafter.”
~ John 13 : 5-7
Malcolm Gladwell’s David and Goliath:
[L]egitimacy is based on three things. First of all, the people who are asked to obey authority have to fell like they have a voice—that if they speak up, they will be heard. Second, the law has to be predictable. There has to be a reasonable expectation that the rules tomorrow are going to be roughly the same rules today. And third, the authority has to be fair. It can’t treat one group differently from another….
[W]hen the law is applied in the absence of legitimacy, it does not produce obedience. It produces the opposite. It leads to backlash.

Malcolm Gladwell's David and Goliath

A New York Times article reported on the NYPD’s Juvenile Robbery Intervention Program (J-RIP) created by Chief Joanne Jaffe:
The New York City Police Department has embarked on a novel approach to deter juvenile robbers, essentially staging interventions and force-feeding outreach in an effort to stem a tide of robberies by dissuading those most likely to commit them.
Officers not only make repeated drop-ins at homes and schools, but they also drive up to the teenagers in the streets, shouting out friendly hellos, in front of their friends. The force’s Intelligence Division also deciphers each teenager’s street name and gang affiliation. Detectives compile a binder on each teenager that includes photos from Facebook and arrest photos of the teenager’s associates, not unlike the flow charts generated by law enforcement officials to track organized crime.

Joanne Jaffe

Kids playing football with then NYPD Housing Bureau Chief Joanne Jaffe [now retired] at PSA 6’s National Night Out event at the Grant Houses in Harlem.


Continue reading

Donald Trump is a Russian Asset

American spies “slept through while Russia elected a new US president.”

This remark was made by Vyacheslav Nikonov, a member of the lower house of the Russian parliament, the Duma. He said it on “Sunday Evening with Vladimir Solovyov,” a Russian political television show.
Nikonov is a leader in the pro-Putin United Russia Party and, incidentally, the grandson of Vyacheslav Molotov — after whom the “Molotov cocktail” was named.
“(To achieve world dominance) the US overextended themselves,” Nikonov said. “Because the most recent tendencies, economical, military, even tendencies in the intelligence (services) which slept through while Russia elected a new US president.”
“It’s just ridiculous, what kind of intelligence in the USA one can even talk about?” he added. “The US sagged in all these aspects for the past two decades. This superpower is losing its ability to define the world.”

Continue reading

Will China Control the Future of AI?

Chinese flag AI

China Mobile Payment

Chinese AI companies have leaped ahead, so that today the most valuable companies in computer vision, speech recognition, speech synthesis, machine translation, and drones are all Chinese companies.
~ Kai-Fu Lee
According to Gartner, the global enterprise value derived from AI will total $1.2 trillion this year, a 70 percent increase from 2017. AI-derived business value is projected to reach up to $3.9 trillion by 2022.
Who Will Control the Future of AI?
Will it be Chinese companies, or will it be American big tech companies like Google, Amazon, Apple, or Facebook, who will use AI to increase their power or wealth; or will the benefits be more evenly and democratically available?

Terrance Jackson 2020

Our faith in the promise of America will move mountains and unleash unsuspected human potential where nothing will be impossible for us.
If we don’t want poverty in our nation, our businesses must pay living wages with decent benefits. And if we don’t want polluted air, water, and land, our businesses must behave in environmentally sustainable ways.

Continue reading

The Stock Market is Rigged

Robinhood commission-free trades

In the 2014 Bloomberg interview below, Michael Lewis explains how high-frequency traders [HFT] buy order flows and front-run the markets.

It’s very clear that people are being front-run in the market…. [High-frequency traders] buy the order flow…. They pay TD Ameritrade tens of millions of dollars a year, Schwab, they pay E-Trade. So they pay for the right to execute the orders at a delayed price.
~Michael Lewis
In 2018, this is still going on.

Continue reading

Next-level AI Community Health App

No suicide, no alcoholism, no drug addiction, and very little crime.

CHHE

For my talk on Applying AI to Local Retail, I will demo CHHE, a next-level AI community health mobile app.
The Community Health & Holistic Eating mobile app is based on the fact that community and autonomy are very important elements in determining health and also on the idea that the production, marketing, and consumption of food is key to nearly everything.

Otliers

Malcolm Gladwell wrote in Outliers which The New York Times printed the first chapter:
The results were astonishing. In Roseto, virtually no one under 55 died of a heart attack, or showed any signs of heart disease. For men over 65, the death rate from heart disease in Roseto was roughly half that of the United States as a whole. The death rate from all causes in Roseto, in fact, was something like thirty or thirty-five percent lower than it should have been.
This had happened more than fifty years ago but Bruhn still had a sense of amazement in his voice as he remembered what they found. “There was no suicide, no alcoholism, no drug addiction, and very little crime. They didn’t have anyone on welfare. Then we looked at peptic ulcers. They didn’t have any of those either. These people were dying of old age. That’s it.”
[Y]ou couldn’t understand why someone was healthy if all you did was think about their individual choices or actions in isolation. You had to look beyond the individual. You had to understand what culture they were a part of, and who their friends and families were, and what town in Italy their family came from. You had to appreciate the idea that community — the values of the world we inhabit and the people we surround ourselves with — has a profound effect on who we are. The value of an outlier was that it forced you to look a little harder and dig little deeper than you normally would to make sense of the world. And if you did, you could learn something from the outlier that could use to help everyone else.
In Outliers, I want to do for our understanding of success what Stewart Wolf did for our understanding of health.
Community — the values of the world we inhabit and the people we surround ourselves with — has a profound effect on who we are.

Continue reading