Daily Archives: March 12, 2018

The People vs. Democracy?

BOOK REVIEW

What is Populism?, Author: Jan-Werner Mueller.

By Jan-Werner Mueller – The election result in Italy, where populists and far-right parties topped the polls, following the twin disasters of Brexit in the United Kingdom and Donald Trump’s election in the United States, seems certain to harden a common liberal belief: the people brought these calamities on themselves. “Ordinary citizens,” according to this view, are so irrational and ill-informed that they make terrible choices.

Such diagnoses are deeply mistaken. By focusing on individual citizens’ beliefs, they miss the structural reasons for today’s threats to democracy. As a result, they are also bound to yield the wrong practical lessons. If one really believes voters are incompetent or illiberal, the obvious next step is to take even more decision-making power away from them.

The problem starts when citizens view every issue purely as a matter of partisan identity, so that the credibility of climate science, for example, depends on whether one is a Republican or a Democrat. It gets worse when partisan identity becomes so strong that no arguments from or about the legitimacy of the other side ever get through.

Trump was not elected as the candidate of a grassroots movement of globalization’s angry white losers, but as the leader of an establishment party. Long before Trump, that party – and its cheerleaders in the right-wing media – had started to demonize its opponents and effectively told its followers that they could never opt for “European-style socialists” and other un-American abominations under any circumstances. Thus, Republicans who readily admitted that Trump was not qualified to be president voted for him anyway.

In the US, polarization is not an objective reflection of given cultural differences; it has at least partly been a conscious elite project to divide the country for political advantage and sometimes even personal profit. more>

Think Like a Gambler: Innovation Is About Making Bets

BOOK REVIEW

Thinking in Bets, Author: Annie Duke.

By Alan Pentz – As humans we are often overconfident in our decision-making and even if we are unsure, we become more confident after a decision has been made. Studies of confirmation bias show that we seek information confirming our views and filter out evidence to the contrary. That’s a great strategy to feel good in the short term but isn’t going to lead to the best outcomes for your organization in the long term.

Thinking in bets (or thinking probabilistically) forces us out of that framework. Duke points out that people who are asked probabilistic questions are less sure and tend to hedge. It’s easy to say, “I’m 100 percent sure about this,” when nothing is really on the line, but if I ask you how much would you bet that you are right, suddenly the calculus changes.

So how does this impact government innovation? more>

Updates from Siemens

PLM ALM Integration using Teamcenter Linked Data Framework

By Jatish Mathew – Reports from the field indicate that the power window system in a particular car model has a defect. The anti-pinch feature does not work all the time. Customer service files a high priority incident report.

Representatives from different engineering teams meet and try to find the root cause of the problem.

The problem may be due to hardware failure such as a stuck button, it can be in the embedded software, or it can be a combination of hardware-software. Each team analyzes the problem using their tools and processes but when these teams need to coordinate what do they do?

The biggest worry for engineers, when they work with different teams, is that the practices, processes, and tools they use are diverse. How do they ensure that teams effectively collaborate without losing the processes and systems that work well for them?

In this post, we will explore how hardware (PLM domain) and software (ALM domain) teams work together to solve the power window problem. The automotive company in our example uses Linked Data Framework (Customer Only Access) to integrate and collaborate across domains. It is an integration framework to integrate different enterprise information systems such as Product Lifecycle Management (PLM) systems and Application Lifecycle Management (ALM) systems.

PLM ALM integration using Linked Data Framework helps with the following business problems:

  • How do you implement a process such as change management across different domains such as PLM and ALM?
  • How do you avoid creating new applications, and avoid user training?
  • How do you enable ALM users to access PLM data without learning PLM concepts or new tools?

more>

Related>

How Bitcoin Ends

By Douglas Rushkoff – Bitcoin was a clever idea. Idealistic, even. But it isn’t working out quite as its developers imagined. In fact, once all the coin has been mined, bitcoin will simply reinforce the very banking system it was invented to disrupt.

Watching the bitcoin phenomenon is a bit like watching the three-decade decline of the internet from a playspace for the counterculture to one for venture capitalists. We thought the net would break the monopoly of top-down, corporate media. But as business interests took over it has become primarily a delivery system for streaming television to consumers, and consumer data to advertisers.

Likewise, bitcoin was intended to break the monopoly of the banking system over central currency and credit. But, in the end, it will turn into just another platform for the big banks to do the same old extraction they always have. Here’s how.

Central currency is not the only kind of money that ever existed. For many centuries, gold and other precious metals served as money.

In essence, bitcoin is money built and maintained by nerds, based on the premise that good nerds will outnumber the bad nerds. Sure, bad actors can dedicate all of their processing power to fake transactions, but they will be outnumbered by those who want the token to work properly.

What is the incentive for people to spend millions of dollars on computers and power once there’s no more kickback of coin? more>