Introduction. Welcome to Part IV of my (that is, 7/.V) “In the Hands of a Few”(ITHOAF) article series. Here I show how we get “fooled by randomness” – with a slight abuse of Nassim N. Taleb’s terminology. If you search the Internet for “4,448,419” you will find the U.S. patent “Electronic Gaming Device Utilizing a Random Number Generator for Selecting the […]Read more "Distributed Slot Machines: Control of Ware in the Hands of a Few"
This unadulterated episode of 8RD+ Versustakes features the Dutch-based EUR 53.3 billion revenue conglomerate Unilever in the world of FATTY ACIDS. As a theoretical framework we are probing the subjects of asymmetric information, impression management, planned obsolescence, and of course my favorite term FRAGILITY. In laymen terms, we are talking about who controls the markets […]Read more "Big Fat Unilever and the Diet Heart Hypothesis"
Introduction. This article is essentially the second chapter in the series “In the Hands of a Few.” It is recommended, but not mandatory, to have first read the chapter on “Big Data Brother” to appreciate the terminology and examples. I also share some terminology with the previous blog post by 8RD+ (@ http://versustakes.co) although my topic is much different from it. And […]Read more "Imperialistic Democracy of Bitcoin: Power of Money in the Hands of a Few"
This time is different – this is a start that the reader might think Carmen Reinhart and Kenneth Rogoff could begin with – and yes, this time the reader really faces a new writer instead of the Ultra High-Frequency Trading oriented academic behind the pen name 7/.V. In due arithmetic progression, let’s call me 8RD+, […]Read more "Rock Steady but Fragile: Will Biohacking Sting Big Pharma to Death?"