Reports of our death are an exaggeration: Difference between revisions

Reports of our death are an exaggeration (view source)

Revision as of 17:48, 17 January 2023

220 bytes added , 17 January 2023

no edit summary

Amwelladmin

Bureaucrats, Interface administrators, Administrators

82,891

edits

@@ Line 151: / Line 151: @@
 Most likely, ''nor will you''. Your organisation will instead be ''fearful'' of human magic. Will see in it the seeds of [[Enron]], or [[Financial disasters roll of honour|Kerviel]], or [[Madoff]], or [[Archegos]].
-But these disasters came about notwithstanding the modernist method. They are products of it. These people found and exploited zero-day flaws in the modernist system, ''which is [[Air crashes v financial crashes|what we should expect resourceful, dishonest people to do]]''.
+But these disasters came about ''notwithstanding the modernist method''. They are ''products'' of it. These mendacious people found and exploited [[Zero-day vulnerability|zero-day flaws]] in the [[modernist]] system, ''which is [[Air crashes v financial crashes|what we should expect clever but dishonest people to do]]''. They will seek out the vunerabilities and they will exploit them. They will do this exactly  where the risk engines are not looking. Apparently harmless, sleepy backwaters.
-But a fully [[Risk taxonomy|taxonomised]] system, that runs entirely in [[algorithm]], however smart, derived from the [[Policy|scar tissue]] of the past, is ''literally blind'' to [[Zero-day vulnerability|zero-day vulnerabilities]]. Unless mediated by people thinking and viewing the world unconventionally, ''it will repeatedly fail''. And this has been the [[financial disasters roll of honour|tale of the financial markets]] since Hammurabi published his code.
+For a fully [[Risk taxonomy|taxonomised]] system, that runs entirely in [[algorithm]], however smart, derived from the [[Policy|scar tissue]] of the past, is ''literally blind'' to [[Zero-day vulnerability|zero-day vulnerabilities]]. Unless mediated by people thinking and viewing the world unconventionally, ''it will repeatedly fail''. And this has been the [[financial disasters roll of honour|tale of the financial markets]] since Hammurabi published his code.
 The age of the machines — our complacent faith in them — has made the situation worse. Machines will conspire to ignore “human magic”, when offered, which says “this is not right”. That magic was woven by [[Enron Corporation|Bethany MacLean]]. [[Collateralised debt obligation|Michael Burry]]. [[Harry Markopolos]]. [[Wirecard|Dan McCrum]]. The formalist system systematically ignored them, fired them, tried to put them in prison.