Sunday, April 27, 2014

Amazon #1 best-seller book

Bought an Amazon #1 Best Seller book, Capital in the Twenty-First Centurythis morning (to my Kindle and its hardcover version is out of stock since it is so popular). This tome has 696 pages dedicated to income inequality which gives detailed trace back to 18th centuries. As Nobel prize laureate economist, Paul Krugman, put it in NY Times for this book: "Conservatives are terrified .... warn that Mr. Piketty’s work must be refuted, because otherwise it will spread among the clerisy and reshape the political economic landscape."

Saturday, April 26, 2014

Half of the universities will evaporate

A Harvard professor predicted "as many as half of the more than 4,000 universities and colleges in the U.S. may fail in the next 15 years ... in large part by the growing acceptance of online learning."
http://www.bloomberg.com/news/2014-04-14/small-u-s-colleges-battle-death-spiral-as-enrollment-drops.html

Friday, April 25, 2014

Wednesday, April 23, 2014

1st step of rectification of corrupt system?

In the past, China's elites were the reputed kleptocrats. Recent detention of 周永康 ( former top guy of security apparatus, former member of politburo standing committee and former head of CNPC), his wife, son, brother, sister-in-law and daughter-in-law may test President Xi's determination to rectify the flagrant corrupt regime.
http://www.nytimes.com/2014/04/20/world/asia/severing-a-familys-ties-chinas-president-signals-a-change.html?_r=1

Sunday, April 20, 2014

Saturday, April 19, 2014

Moravec's paradox

Jobs most likely being replaced by robots or automation in the next 20 years. Part of the following job list reflects the Moravec's paradox: High- level reasoning is a cakewalk for computers while low-level sensorimotor skill is a square-the-circle task for computers.