Tag: technology

Commentary: Ruling Class Disturbance

Connecticut Star Staff
WEF

The last few months have been interesting. We have started to see some very public disagreements among the world’s ruling classes. The gathering of elites at the World Economic Forum in Davos, Switzerland, has long fascinated observers and become a lightning rod for criticism, becoming a bogeyman of the right, as well as the hardcore, anticapitalist left. It is a front-row seat to the thinking and priorities of the world’s most powerful people.

In Davos, the world’s media, academic, political, and financial elites spend a few days in luxurious surroundings, praising themselves and forming a consensus on solutions to what they deem to be the problems of the world. This includes everything from facilitating mass migration, tackling global warming by moving away from fossil fuel energy, and the need for economic redistribution to the poor and the third world, all through the corporatist idea of “stakeholder capitalism.”

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China Ramps Up Crackdown on American Tech

Connecticut Star Staff

Over the past few months, China has escalated its efforts to exert control over American technology companies by implementing new requirements, bans and restrictions.

The Chinese government is clamping down on American technology companies by throttling their already limited access to the country’s massive economy, according to new requirements, The Wall Street Journal reported on Friday. The country has also challenged American technology dominance by developing rivals to the latest smartphones and artificial intelligence (AI), as well as announcing export limits to key metals in July.

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Commentary: The Rainbow Fish Generation

Admin

Perhaps the most risible, widely acclaimed children’s book in the history of children’s books is The Rainbow Fish. This book, featuring a beautiful fish with shiny scales on the cover, made it into home libraries of children everywhere. It tells the story of a fish who is special because his scales are shiny and brightly colored. Every other boring, no-talent, plainly scaled fish envies the lovely and gifted Rainbow Fish and harasses him. The solution? The Rainbow Fish gives away all that made him special in order to earn their friendship and now these little commie crappies each have one scale but remain ugly, envious redistributionists.

The result? Equity. Everyone felt better because no one was great. A bunch of mediocre fishes swim around with pink hair or a nose ring and a big chip on their no-talent shoulders.

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Commentary: A Huge Opportunity for America Arises as the Iron Curtain Falls Once Again

Admin
statue of Winston Churchill with British flags in front of him

Almost exactly 76 years ago, on March 5, 1946, Winston Churchill, the former prime minister of Great Britain, delivered one of the most important speeches of the century. Surveying the increasing despotic rule by the Soviet Russians over Central and Eastern Europe in the wake of World War Two, Churchill declared, “From Stettin in the Baltic to Trieste in the Adriatic, an iron curtain has descended across the Continent.”

That phrase, “iron curtain,” stuck, helping to define the Cold War for the next five decades. In such a chilled environment, significant trade and normal exchange of any kind between the Free World and the Communist Bloc was unthinkable.

So now today, we can see that an iron curtain is once again descending; only time will tell if brave Ukraine will be held, once again, as a captive nation on the wrong side of this terrible barrier.

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IRS Reverses Plans for Facial Recognition Software on Its Website

Connecticut Star Staff
man in purple sweater sitting in front of a computer

On Monday, the Internal Revenue Service (IRS) announced in a statement that it would no longer be moving forward with previous plans to implement a controversial facial recognition software on its website in order for users to access certain tax records.

According to CNN, the IRS’s reversal came after widespread backlash by elected officials, privacy groups, and others who pointed out that such technology would constitute a massive overreach and violation of individual privacy. The IRS said in its statement that it would “transition away from using a third-party verification service involving facial recognition,” and would instead add an “additional authentication process.” The agency also vowed to “protect taxpayer data and ensure broad access to online tools.”

“The IRS takes taxpayer privacy and security seriously,” IRS commissioner Chuck Rettig said, “and we understand the concerns that have been raised. Everyone should feel comfortable with how their personal information is secured, and we are quickly pursuing short-term options that do not involve facial recognition.”

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Chinese Tech Firm Takes over, Shuts Down World Leader’s Personal Social Media Account

Connecticut Star Staff
WeChat social media app open on phone

Australian Prime Minister Scott Morrison has had his personal account on Chinese-owned social messaging service WeChat taken over by a Chinese tech company and shut down Monday, Reuters reported.

Fuzhou 985 Technology, a China-based technology firm, managed to take control of Morrison’s WeChat account, which currently has 76,000 followers, several months ago, Reuters reported. Morrison reportedly used the account to communicate with Australians of Chinese origin.

Fuzhou rebranded the account as “Australian Chinese New Life” and redirected users visiting the account to Fuzhou’s website, according to a CNN translation.

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Commentary: Get Ready for a New Roaring Twenties

RealClearWire
Statue of Liberty

On New Year’s Eve of 2019, revelers gathered around the globe to ring in a new decade. Many jubilantly attended “Roaring Twenties” parties, adorned in elegant evening wear, cloche and Panama hats, and knickerbockers, harkening back to an exciting, culturally vibrant era of economic prosperity. But whatever veiled hopes partygoers had for a booming future soon met jarring realities: a once-in-a-century pandemic, global lockdowns, an economic recession, and widespread civil unrest stemming from an incident of police brutality. The Roaring 2020s were not to be, it seemed.

Take heart: Mark P. Mills, a physicist, senior fellow at the Manhattan Institute, faculty fellow at Northwestern University, and a partner in Montrose Lane, an energy-tech venture fund, is out to rekindle our collectively dashed hopes. In his new book, The Cloud Revolution: How the Convergence of New Technologies Will Unleash the Next Economic Boom and a Roaring 2020s, Mills convincingly argues with verve, vitality, and – most importantly – evidence, that humanity is about to take a great step forward in the coming decade. And unlike the first Roaring Twenties, these won’t need to end with a Great Depression.

In the opening pages, Mills reminds us that the original Roaring Twenties didn’t start off so auspiciously, either. In fact, separated by a century, our situation seems eerily similar. The 1918 flu pandemic ran well into 1920, triggering a severe U.S. recession that lasted through summer 1921. Violent riots and political instability were also prevalent. Yet from this pit of public despair, Americans pulled themselves out. Propelled by remarkable advancements in mass production, medicine, electrification, communications via telephone and radio, movies, automobiles, and aviation, the United States saw its GDP rise by an astounding 43% between 1921 and 1929.

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