Who’s to blame for the financial crisis? Norbert Wiener.
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15Sep
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22Jun
“It was one of those happy strokes of calculation and combination, the result of which it was difficult to estimate. It was one of the instances of a comprehensive grasp, associated with habitual luck and characteristic boldness, of which an age presented but a few.”
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05Apr
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26Oct
At the dawn of the computer age, Edmund C. Berkeley wrote in his 1949 book Giant Brains or Machines that Think: “These machines are similar to what
a brain would be if it were made of hardware and wire instead of flesh and nerves…. Suppose that we consider the basic operation of all thinking: in the human brain it is called learning and remembering and in a machine it is called storing information and then referring to it…A machine can handle information; it can calculate, conclude, and choose; it can perform reasonable operations with information. A machine, therefore, can think…. Mechanical brains are one of the great new tools for finding out what we do not know and applying what we do know.”In our time, “Maestro” Alan Greenspan tells the U.S. Congress:
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