Tag Archives: Cambridge University

A Bill of Goods

So when was the last time that you were sold a bill of goods? Have you ever been in that place? Some people avoid most of it by never purchasing 2nd hand materials to avoid that, I am for the most one of those people. I tend to inform myself before I go into anything, like a good person should. Now there is a level that we should attend to and after that it is overkill, paranoia and optionally a few other things. So there is a basic check we all should make. You get that don’t you? So when I looked into Cambridge Analytica in previous articles, I was a little late to the party (4 hours late), but that was because I wanted to look into a few things. So on the 18th of March, I got a few issues that made me wonder, and off course the first question I had was “Here I wonder (for a mere moment) if something wrong was done at all“, you see not having that question makes it all emotional and useless. It is all about the facts. So when we see the utter inactivity of the police and other elements for close to 10 days, I knew that this was about something else and there was even the premise that Cambridge Analytica was not the only player in town. So when I went “Robert Mercer has found a business model that works. The question merely remains on how that data was captured“, I had a little more than you all bargained for. This continued whilst ‘my emotional‘ side also added “for years I have spoken out clearly that these users are all about stating ‘privacy’ no the NSA whilst at the same time sharing indiscriminately on social media like Facebook, whilst not comprehending the system because it was ‘free’. This is the direct consequence and these users will be used again and again because that is what they signed up for“, the evidence (a slightly overstated word), had seen parts of this going back to 2014. The quotes were from ‘How Facebook data flows‘ (at https://lawlordtobe.com/2018/03/18/how-facebook-data-flows/amp/). Yet today’s article ‘Cambridge Analytica closing after Facebook data harvesting scandal‘ (at https://www.theguardian.com/uk-news/2018/may/02/cambridge-analytica-closing-down-after-facebook-row-reports-say) leaves us with a lot more questions. Consider the following quote “The company has started insolvency proceedings in the US and UK. At Cambridge Analytica’s New York offices on an upmarket block on Manhattan’s Fifth Avenue, it appeared all the staff had already left the premises“, yet this is in direct opposition to “Although Cambridge Analytica might be dead, the team behind it has already set up a mysterious new company called Emerdata. According to Companies House data, Alexander Nix is listed as a director along with other executives from SCL Group. The daughters of the billionaire Robert Mercer are also listed as directors” and that is not where it stops. You see Metro (at https://www.metro.us/news/the-big-stories/cambridge-analytica-backers-new-data-company-emerdata) gave us 3 days after the news “Emerdata was incorporated in the UK in August 2017, reports Business Insider“, this puts a spin on the previous statement, because as the first liner sinks, the Rigid Inflatable Boat (pun intended) was already prepared for the main cast of it all to vacate the premises onto a different vessel, yet were they visited by the police and other digital forensic instances? No they were not! It seems that when you are backed by a billionaire, the machines of prosecution tend to maul extremely slowly, or the machines is inhabited by cowards that are not willing to press any buttons until they can blame someone else. Whatever the reasoning will be, it is about to get a lot more juicy!

That is seen with “The data was collected via Facebook’s permissive “Graph API”, the interface through which third parties could interact with Facebook’s platform. This allowed Kogan to pull data about users and their friends, including likes, activities, check-ins, location, photos, religion, politics and relationship details“, not only was the Facebook team extremely lazy, the setting of the app could have potentially made things worse. They could have been accumulating data and reset the data against aggregated statistical margins, that means that EVERY market research company on the planet had optional access to additional data they never ever had before, it would have optionally increased value of any dashboard by 400%, now consider that I saw part of this flaw (I never knew that Facebook had made it THIS easy) from 2014 onwards. Even if the system was less able, there was a flaw and there is absolutely no chance that this merely involves Cambridge Analytica. So when we consider this, and add the quote “He told an undercover reporter: “We did all the research, all the data, all the analytics, all the targeting. We ran all the digital campaign, the television campaign and our data informed all the strategy.” He also revealed that the company used a self-destruct email server to erase its digital history. “No one knows we have it, and secondly we set our … emails with a self-destruct timer … So you send them and after they’ve been read, two hours later, they disappear. There’s no evidence, there’s no paper trail, there’s nothing.”” this changes the game on a few levels, this is no longer merely data capturing, or data analyses, this is tradecraft, deleted things cannot be acted on, a truth that has existed even before Facebook existed (ask the horse Pegasus). So when we think that James Brien Comey Jr. esquire, who served as the seventh Director of the Federal Bureau of Investigation from September 4, 2013, until his dismissal on May 9, 2017. The dismissal is part of it all because, as I personally see it, he never had a chance, this is not some commercial app; this was tweaked on a much higher level (to where will never be proven, and unless someone kept a printed email, the evidence is gone forever). That part shown that this was no small operation, this was tried and tested on several levels and if there had been no whistle-blower, we would never have known, even if the metropolitan police decided not to sit on their hands for about a week, it still would not have mattered.

It does not stop there, this is a lot bigger and I think Mark Zuckerberg knows this, he must have realised this in the first hour the mess landed on his desk, the question is what he would have been able to do after the fact, I think it would have been very little. The fact that the Guardian had part of this in 2015 also counts, even as there is a large lull in activity, a journalist hands are tied to some extent, no evidence, no setting and even as I knew parts of this earlier, I could not prove it and Facebook was certainly not going to be much help there, because the value of their treasury is their data and someone telling them it is overstated by 70% is not what they are willing to hear or give attention to.

The next part is Cambridge University researcher Aleksandr Kogan, when we see “My view is that I’m being basically used as a scapegoat by both Facebook and Cambridge Analytica. Honestly, we thought we were acting perfectly appropriately. We thought we were doing something that was really normal“, really? Capturing private data is perfectly normal? We see that part in “Aleksandr Kogan, a Moldovan-born researcher from Cambridge University, admits harvesting the personal details of 30 million Facebook users via a personality app he developed. He then passed the data to Cambridge Analytica who assured him this was legal, he said“, he had no clue on Intellectual Property rights? Because that was already an issue when I attended University years before that, there are Facebook documents on what can and can’t be done, none of that rings a bell? And this statement now completely opposes the mention by Cambridge Analytica that there was never any data. In addition, his title, where he is boasting his title as a Data Scientist, he should be aware of Loshin (2002), Loshin, D. (2002). Knowledge Integrity: Data Ownership, June 8, 2004. Here we see “Researchers should have a full understanding of various issues related to data ownership to be able to make better decisions regarding data ownership. These issues include paradigm of ownership, data hoarding, data ownership policies, balance of obligations, and technology. Each of these issues gives rise to a number of considerations that impact decisions concerning data ownership” the fact that the information came from a protected source, should have been clear indication that Aleksandr Kogan should have clearly known that what he did was illegal to the larger extent, or he could remain in denial and just hand in his degree and title (Cambridge University might like that a lot better too).

All simple points that seem to have been looked over or is that looked past).

Now let’s get back to my previous promise ‘it is about to get a lot more juicy!‘ and go just there. So you all have heard the one truth, ‘If you don’t want your naked selfies to make it to the internet, do not make any!‘ So there is this girl who thinks she might be a photo model, so she goes ‘tits out’ and shows that she is photo model material, she sees the results and realises that she is not, so she makes her boyfriend promise to delete them and he does. At home he undelete’s the pictures, posts them online and he looks for a new ‘fuck of the week’. For her it all goes tits up which is worse that tits out and that is where we are now, Facebook has ‘shared’ the data and now it is out, so when we see the link to Emerdata, and the mention that Alexander James Ashburner Nix has the following company appointments

  • SCL GROUP LIMITED (05514098), as Director since Jan 2016
  • SCL ANALYTICS LIMITED (09838667), as Director, since Oct 2015
  • CAMBRIDGE ANALYTICA(UK) LIMITED (09375920), as Director, since Jan 2015
  • SCL DIGITAL LIMITED (09375055), as Director, since Jan 2015, DISSOLVED
  • SCL SOVEREIGN LIMITED (09375809), as Director, since Jan 2015, DISSOLVED
  • SCL COMMERCIAL LIMITED (08840965), as Director, since Jan 2015
  • SCL SOCIAL LIMITED (08410560), as Director, since Feb 2013
  • SCL ELECTIONS LIMITED (08256225), as Director, since Oct 2012
  • EMERDATA LIMITED (10911848), as Director, since Jan 2018, RESIGNED, Mar 2018
  • FIRECREST TECHNOLOGIES LIMITED (11238956), as Director 2018, RESIGNED same day

This is all form one address in one instance he resigns the day he is hired? How weird is that? Don’t answer, the options are all overwhelming, but in all these instances he would have had access to infrastructure allowing the passing through of terabytes of data, it is also so interesting that they were all called Alexander, perhaps a fluke! Yet when we look at Alexander Bruce Tayler, we see that he is also a Director at Emerdata limited, so the plot does thicken. In addition, these places are all linked to PKF Littlejohn, the chartered accountants, now that last part makes sense as a director might seek one accountant for all companies, nothing weird about that. The issue is that there is a whole web of connections that allow the data to have been moved to Hong Kong and New York with no options to securely obtain the data and have it wiped. So this is not an accusation, this is the realistic setting that the data could (I do say ‘could’) have been spread all over the planet, until proven that the data was illegally obtained there is no crime and no option to get anything done, Facebook should have known this from day one. Even in the mid 90’s it was clear that Intellectual property and Data ownership was the hard-core central point for any corporate setting. If not, why would there have been such a booming business in transferring legacy systems?

Data has value, ask any salesperson!

So are we sold a bill of goods, because that is what it looks like? Let me also add that this is not sold by the Guardian, I think that the players in this game has been a lot more clever than most players and the paraphrased suggestion that the rats pretty much walked away with a whole wheel of cheese (ask any sinking ship) is not the strangest notion in all this. The final part we see (at https://www.theregister.co.uk/2018/05/02/cambridge_analytica_shutdown/) with ‘Cambridge Analytica dismantled for good? Nope: It just changed its name to Emerdata‘, yet is that information valuable? I cannot tell because I am not an accountant. You see, I found it interesting that even as PKF Littlejohn, the representative of PKF International was seen in all the registrations, it is “the boards have applied to appoint insolvency practitioners Crowe Clark Whitehill LLP to act as the independent administrator for Cambridge Analytica“, there might be a valid reason for that yet when I seek into PKF international I see: “PKF International member firms lead the world in Insolvency services, we can help you through financial misfortune and the recovery process globally” (at https://www.pkf.com/services/advisory/insolvency/). In this it is merely my speculation that this is the start of a Chinese wall, a level of isolation regarding information and reporting. It protects all the players in the house. It remains speculative, yet is it an optional truth? When was the last time you saw an accountancy firm walk away from revenue? Tesco lunch anyone?

So whilst someone might cry for the people involved, I wonder how much tears an executive deserves when you realise that 2 hour mail deletion systems were in place, what else were they hiding and who else is playing that game, because when we see the 2 hour deletion setting and the police sitting on their hands for around a week (as I personally see it), I have little faith that the actual truth will ever be found through any level of evidence. The whistle-blower Christopher Wylie E Coyote is the one clog in the cog that set this all to an open investigation status; so whilst the rest is doing the ‘meep meep’ roadrunner we are left wondering how many other social media corporate settings are filled with stupid people. The numbers rarely add up, but I never expected the books to be this out of balance, not when we realise that this partially implies that Mark Zuckerberg has been doing open heart surgery on himself with a butter knife (a stupid idea for at least two reasons).

That is what it looks and feels like and it is as I personally see it as the result of being sold a bill of goods by all the reporting players, most of them unaware that they were doing just that (I am referring to the actual newspaper reporters in this instance).

 

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How Facebook data flows

This started just 4 hours ago when the Guardian gave us ‘50 million Facebook profiles harvested for Cambridge Analytica in major data breach‘ (at https://www.theguardian.com/news/2018/mar/17/cambridge-analytica-facebook-influence-us-election). Even when we see “Whistleblower describes how firm linked to former Trump adviser Steve Bannon compiled user data to target American voters“, we tend to wonder, because me getting any data from my own account in Facebook is a stretch under the most optimal of conditions. So when we see “how Cambridge Analytica – a company owned by the hedge fund billionaire Robert Mercer, and headed at the time by Trump’s key adviser Steve Bannon – used personal information taken without authorisation in early 2014 to build a system that could profile individual US voters, in order to target them with personalised political advertisements“, so in all this I am not saying it is not possible and that it did not happened. The video that the Guardian offered, the interview with the whistle-blower is nice, but it is quite something else. You see, what I got out of that interview is not answers, but questions. So when I heard “grossly unethical experiments” and “you are playing with the psychology of an entire nation in the context of the democratic process“. Here I wonder (for a mere moment) if something wrong was done at all. This is social media; social media is something that has no boundaries and no actual setting of limits.

We tend to set the bar of any social given at whatever level it should be according to us, but in reality, there is no social setting, not until enough people complain. I have seen many apps that are out there that do not only want your name, gender, age and so forth. They also want your religious and other settings and most people are happy to click ‘OK’. So this is something we are walking into and the given stupidity of many Americans means that a free game is something that comes for free and whatever it stated with the ‘allowed access to‘ is pretty much ignored, especially when the people around them state that it is a very cool free game. So when I see “built models to exploit what we knew about them and target their inner demons. That was the basis the entire company was built on.”” we see that Robert Mercer has found a business model that works. The question merely remains on how that data was captured, if it was through ‘cool apps’ there is little that Facebook can do, unless it has exact legislation at their fingers to state that the law was broken. Yet in all this the fact that this happened in 2014 and that the Guardian (and the Observer) had the scoop 4 years later gives rise that the farmed data is not merely still in use, it is actively used for whatever endeavour Robert Mercer has in play to gain maximum profit, because that is what a billionaire does. So when we see “Documents seen by the Observer, and confirmed by a Facebook statement, show that by late 2015 the company had found out that information had been harvested on an unprecedented scale. However, at the time it failed to alert users and took only limited steps to recover and secure the private information of more than 50 million individuals” the outrage should follow, but with ‘it failed to alert users‘ implies that Facebook did not care about the users, but about the business model, as well as ‘took only limited steps to recover and secure the private information‘ gives rise that their data was merely secure enough and no actual loss was found, that is the view we get when a firm where data is their direct market value data and ‘secure the private information of more than 50 million individuals‘ was not done. It is actually that simple, those who claim it not to be are merely hiding in the margins, hoping to strike it rich themselves, because that is what the data of 50 million people offers.

It goes further when we see the NY Times claim. With ‘How Trump Consultants Exploited the Facebook Data of Millions‘ (at https://www.nytimes.com/2018/03/17/us/politics/cambridge-analytica-trump-campaign.html), we see “During a week of inquiries from The Times, Facebook downplayed the scope of the leak and questioned whether any of the data still remained out of its control. But on Friday, the company posted a statement expressing alarm and promising to take action“, not only does it imply that the data is beyond their control, it gives rise that others have access to it which is more alarming. The Facebook system has failed its members to the extent that their privacy did not exist for close to 4 years. So how much data have you shared in the last 4 years thinking it was only for your friends?

In addition, the claim we see in the NY Times “Alexander Nix, the chief executive of Cambridge Analytica, and other officials had repeatedly denied obtaining or using Facebook data, most recently during a parliamentary hearing last month. But in a statement to The Times, the company acknowledged that it had acquired the data, though it blamed Mr. Kogan for violating Facebook’s rules and said it had deleted the information as soon as it learned of the problem two years ago“, when combined with what the Guardian is giving us is a rise to the setting that both Alexander Nix of Cambridge Analytica and the speakers of Facebook are both incorrect, insincere and without any doubt cause for great concern and so far the Facebook users are in the dark on a near global level.

I can applaud Robert Mercer to some extent, you see with “The conservative donor Robert Mercer invested $15 million in Cambridge Analytica, where his daughter Rebekah is a board member” we see one side, the other side is that all things being equal the return on his investment is close to five-fold, making is a wise investment when the goal is merely $$$$.

In all this we can give the Facebook users the bird, not because we hate them, but for years I have spoken out clearly that these users are all about stating ‘privacy’ no the NSA whilst at the same time sharing indiscriminately on social media like Facebook, whilst not comprehending the system because it was ‘free’. This is the direct consequence and these users will be used again and again because that is what they signed up for. So when Robert Mercer is offered a $25 million deal with an international IT firm like Vintage Alternating Java Academy or Medicinal Office of International Studies, we will see a CEO who will happily oblige, yet have you figured out yet where that data ended up? That is how the game is played, so when they cannot sell the data and the firm gets taken over by a Chinese multinational, do you think that the data stays in that one place? This is what you all signed up for. You might be in denial and you might state that it should not happen, but the law is very easy on what should happen and what is legally possible, the ‘should happen‘ group loses without a moment’s hesitation. The only part that I am not getting is what I would personally describe as ‘the Facebook level of ignorance’. You see, either some players were intentionally extremely stupid, or they were in on it form the beginning. They were in on it as they did not address the flaw they had exposed themselves to and they thought they had stopped the fear for 3 years, but now as we see merely two days ago, over three years after the fact has happened “a Russian-American academic, from Facebook. “We will take whatever steps are required to see that the data in question is deleted once and for all — and take action against all offending parties”“, as well as ““This was a scam — and a fraud,” Paul Grewal, a vice president and deputy general counsel at the social network” they are now realising that they set themselves up for a much larger negative boost. You see, when these 50 million users find out that they have been had, will they remain with Facebook? So what happened when the global wave starts and Facebook optionally loses 10% users, how will they sell that? It was the short-sighted prospect of meeting the sales needs and targets that got them in hot water. That is the foundation of the loss they set themselves up for and in all this, Americans far and wide have given their privacy up for a much larger extent that they realise and this path will take at least a few weeks as Facebook is setting all their guns to downplay any information that the public is exposed to.

So as we are ‘exposed’ to ““Protecting people’s information is at the heart of everything we do,” Mr. Grewal said. “No systems were infiltrated, and no passwords or sensitive pieces of information were stolen or hacked.” Still, he added, “it’s a serious abuse of our rules.”“. So is that true? You see the data shows that he is not truthful, because if that was an actual setting than Facebook would have had their own cloud for analytical solutions that did not require the export of data, but we see that this did not happen. So as we see the altered statement of ‘No systems were infiltrated, and no passwords or sensitive pieces of information were stolen or hacked‘, we could paraphrase this into ‘we voluntarily handed over the data to be used outside of the Facebook system‘. So does this make Robert Mercer the most intelligent entrepreneur, or is he merely the first one who got found out. So when we take a look at the flowchart in the Guardian article we see that Alekandr Kogan is linked to Cambridge University, St Petersburg State University, the Russian Government, as well as Global Science Research (GSR), which he founded, we see the setting that as academics are all about reselling their solutions for maximised economic profit, we see that the link between GSR and SCL Election Ltd (which now links Alexander Nix, we see that the data has likely gone a lot wider than anyone expected and there we have the setting that Facebook and their position of ‘it cannot be used legitimately in the future and must be deleted immediately‘, when data is out there it is NEVER deleted, whomever thinks that this actually happens will be delusional at the very best.

So when we see “That to me was the most astonishing thing. They waited two years and did absolutely nothing to check that the data was deleted. All they asked me to do was tick a box on a form and post it back“, which we get from former employee Christopher Wylie, gives the rise of the delusional settings that are seemingly available at Facebook. This now gets us to the final part “Paul-Olivier Dehaye, a data protection specialist, who spearheaded the investigative efforts into the tech giant, said: “Facebook has denied and denied and denied this. It has misled MPs and congressional investigators and it’s failed in its duties to respect the law“. I personally see this as the fallout to keep the billions of advertisement revenue rolling, because the larger the revenue stake, the less oversight is given to that firm. That is a view we have seen with the larger players for close to a decade. So is anyone actually surprised to see the Facebook data flow far beyond the borders of Facebook?

We as users have merely ourselves to thank for the shortcomings that exposes our privacy all over the world making it non-existent.

 

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An exceptional pound of flesh

Two articles hit my eyes as I took a small break from my midterm exam. When you dig into the: who, what, when, where how and why of Patent Systems, your sanity prevails if you take a small break every 2-3 hours. It is just the only sane and safe way to avoid getting stuck on the same page.

The two articles were ‘Cuba seeks foreign investment as it shores up increased diplomatic ties‘ (at http://www.theguardian.com/world/2015/apr/10/cuba-seeks-foreign-investment-as-it-shores-up-increased-diplomatic-ties) and ‘Pound volatile amid general election uncertainty‘ (at http://www.theguardian.com/business/2015/apr/10/pound-volatile-amid-general-election-uncertainty), there is no real relationship in these matters, or is there?

First, let’s take the last part first as to get it all out of the way. The end gives us: “Investors were also positive on Greece’s payment of a €450m (£325m) debt to the International Monetary Fund on Thursday“. Why? Let’s not forget, this payment is nothing more than 1/3rd of a billion against outstanding HUNDREDS OF BILLIONS, so why are investors relieved? Greece has not presented any decent acceptable plan and the visit from Tsipras to Moscow to rattle some cages will count against him sooner rather than later. In addition I would like to call attention to the ‘altered’ view from Christine Lagarde as she mentioned “developed and emerging economies still suffering the after-effects of the 2008 crash must collaborate better to avoid an era of low growth”, which reads like a detour, an extra train stop on the track where the distance between recession of true growth seems to be increasing, not decreasing or remain stable. Apart from the fact that Greece only has 5 days left to present their plan (at http://www.bbc.com/news/business-32229793), the one part everyone simply ignores is that after they get the money, then what? If these newly elected officials will not push through and re-debate the issue again, the Eurozone is down another seven billion euro plus, then what? Will Greece become a vulture funds target? Will we see newly created carefully phrased denials on what will never be? That one part can be found in the quote “Without new money it will struggle to renew €2.4bn in treasury bonds due to mature in the middle of April, or pay back another €0.8B to the IMF on 12 May“, so consider that Greece might be unable to pay back 770 Million Euro on May 12th (decently likely scenario), what else can they no longer pay? Let’s not forget that the 12th of May payment makes up for 0.25% of the debt, the interest would be is a lot more than that, so how will any ‘investor’ choice pay out? Are you people awake now? So, I dealt with Greece! Now to the linked other parts!

You see, the link to England will become apparent soon enough, when we consider the quote “Analysts have warned that the pound could have further to fall as financial markets react to uncertainty created by the closest general election for more than 20 years” l, we have to wonder how reserved these analysts truly are, a stable growing economy is scaring them? I agree that the plans from Ed Miliband are decently ludicrous, bus in the end, if elected, he must do what is best for the nation (which means that he would have to vote for David Cameron, hawk! Hawk! Hawk!). In all seriousness though, a close call or not, there is something wrong with the statement Michael Hewson makes: “The pound has started to come under some pressure in recent days as the prospect of political gridlock“, whilst the market is positive as Greece pays back less than a percent of its debt, this whilst it is clear that Greece has no funds left. How is that dimensionality rational in any way, shape or form? That is, unless you take into account the part that the Guardian is not mentioning. If the market is truly worried on what happens when Nigel Farage comes out on top, or ends up with too much of a gain, then the united front that Farage and Le Penn would show, would truly be a concern to investors, because those two have had enough of the entire Eurozone issue on several levels and Greece only worsened their resolve (meaning that both are more eager to pursue the end of their EEC membership. a nightmare scenario for markets on a near global base.

Now, the markets also made the following ‘claim’: “Currency traders have also been unsettled by signs of weakness in Britain’s manufacturing sector. Production figures are due out on Friday morning“, this is fair enough, you see, manufacturing is an issue and it is not that strong in the UK or in many other places for that matter. Yet, two hours ago, the following was reported: “UK industrial output is weaker than expected: it edged up 0.1% in February, vs expectations of a 0.4% gain, while manufacturing met City forecasts with a 0.4% rise. Industrial production is the wider measure, which comprises manufacturing, mining and utilities“, so manufacturing met the expectations, so why the hesitation? I am not making any assumptions here, but I am wondering on how much certain markets assume that met expectations were supposed to be exceeded. Especially in a European mess that is still all over the place. It is almost like the markets will not tolerate any bad news, is this linked to some views on US bubbles (housing for one) that could burst before June 30th? This is a question, not an assumption or an implied issue. but the question should be asked in a very clear way and certain parties should answer it in very clear ways too, because at present, when you see some journalists report on economy, they quickly move all over the field, pretending to draw a picture, whilst the sketch we end up seeing is that of something we did not ask and it leaves many with too many questions. Did I oversimplify the matter again?

So now we get to the true path in all this, the link between the Pound and Cuba. Some might know them, some do not, but I remember the Cuban Fleet Freight Services (Cuflet). I reckon that looking into options with Cuba via Cuflet could spell good times for several players, if manufacturing options are found in emerging markets, why not see what offers could be made and found there. The Dutch could gain a headway by looking into the Bicycle market, engineering projects, the issue is clarity. When we consider the article ‘Navigating Complexity in foresight: Lessons from the UK future of Manufacturing Project‘ (at https://ec.europa.eu/jrc/sites/default/files/fta2014-t1practice_52.pdf), I personally am willing to get a few giggles from the futility that figure one shows (2008, Popper’s foresight Diamond). I do not disagree with the image of with the elements of creativity, interaction, evidence and expertise brings, but in the end Manufacturing is about what one has and the other one needs. So elements like Viability, opportunity, economy and shipping brings us the need for what can be manufactured, what could be sold and what is to be delivered. So when I read the conclusion on page 11, where we see “The high level of complexity of manufacturing systems and the diversity of forces acting on them make anticipating future configurations , challenges and opportunities particularly difficult. Manufacturing foresight needs to deal with multiple units of analyses, assimilate a variety of evidence at different levels of disaggregation from a variety of sources and integrate diverse stakeholder’s perspectives“. A view from academics from Cambridge as well the government office for science.

So let’s break that down in something we all can understand.

  1. Good business is where you find it. (Robocop, 1987), which gives us opportunity
  2. Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage to move in the opposite direction (Ernst F. Schumacher), which gives us a handle on complexity in regards to manufacturing systems (the reason to avoid complexity whenever possible).
  3. We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face (Kofi Annan), which gets us to the economic side.

We have been so blinded looking at those who only seek short term maximised personal gain, that we forget the satisfaction that can be gotten from a long term goal where both sides make gains and interact with their economy in a profitable way, without denying the other party their goals. Here we see the option for both the UK and Cuba. It is not a given, it is not a guarantee, but an option, an opportunity to consider. It is the one side of Warren Buffett I do (partially) admire, he thinks long term (in case of Tesco, not long term enough), but overall the long term side will always pay off, which is the path we should walk, which is of course not the path that the bulk of hedge funds operators want us to consider and as too many listen to those people, we end up having a problem. So as we look at the pound of flesh that could give us a sterling reward, we tend to ignore that part for the fake glory of short term boosts. Yet, if we see Lidl and Aldi where we clearly see exactly that this longer term approach will keep them afloat, unlike their competitors, which is the issue at hand!

Because in the end, the conclusion quote from the academic article gives us the massive anchor that they did not properly dimensionalise ‘assimilate a variety of evidence at different levels of disaggregation from a variety of sources and integrate diverse stakeholders perspectives‘, too often the data presented from the view of the stakeholder cannot be trusted. Whether it is the weight applied to the source, the way the question was formulated and set into the data collective, or the methodology of analytics that was pursued afterwards. It was a painted view from a person with a goal and a presented image, that ‘presented’ image tends to colour all connected evidence, which gives us a view of many games as they are played, but in all this, we all make the same mistake, we compare presented results and statistical results, whilst the individual sources are often too unknown, which is truly a bad an unexceptional path to walk.

 

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