April 03, 2024

How much transparency can democracy handle?

Sir, Martin Wolf writes: “The more com­plete the set of rights, the more potent will be the con­straints: there will then also be open debate, free­dom to protest, free media and independent insti­tu­tions.” “Democracy is still bet­ter than auto­cracy” FT April 3.

Twenty-five years ago, when my homeland Venezuela was launched into discussions about a new Constitution, in several Op-Eds, I opined the following:

It is said that Democracy with hunger is not Democracy, but if this is true, Democracy without information is even much less Democracy. In the constitution I want, I consider a citizen's right to information about government management to be of vital importance.”

Sadly, nothing came out of it. But, last year, I sat down to chat with ChatGPT about how artificial intelligence A.I. could empower us citizens to enjoy a more significant democracy. It answered positively in many ways.


Sir, I ask, can democracy handle such transparency?


February 01, 2024

Human pilots and autopilots need to be trusting friends.

Sir, last year, flying to Washington DC, in a Boeing 337 MAX 9, the clouds were so low that the pilot missed the first approach to land at Dulles International Airport. We passengers were instructed: “Please, please completely turn off all, absolutely all your computers, iPad cellphones and similar, even if closed or placed in air-mode. We cannot afford any type of interference. The pilot has decided he can’t land the plane, and so he will have the auto-pilot do it.” 

Very long minutes of praying and checking up on co-passengers’ cellphones ensued. Finally, without having been able to see any land, thanks to God we landed.`` I asked my wife: “If they have to use the auto-pilot when things get really hard, why do they have pilots at all?”

Tim Harford answers that question in “Of top-notch algorithms and zoned-out humans” FT February 1. Harford writes: “A storm that blocked the sys­tem’s air­speed instru­ments with assist­ive fly-by-wire sys­tem that trans­lates the pilot’s jerky move­ments into smooth instructions. This makes it hard to crash an A330. But para­dox­ic­ally, it means that when a chal­lenge does occur, the pilots will have very little exper­i­ence to draw on as they try to meet that chal­lenge.”

What does it indicate as a solution? Clearly humans and autopilots need to communicate faster and clearer about who is more qualified to be in command. And that means they need to be able to trust each other much more.

Sir, after the experience I described, even though I have often complained about pain over my eyes when landing with a Boeing 337 MAX 9, probably because of some issues with its air pressure control, sincerely, after that landing, tell me how could I ever complain about that Boeing plane?

@PerKurowski

January 10, 2024

Mr. Martin Wolf, what do you mean, is liberalism not broken?

Sir, I refer to “Liberalism is battered but not yet broken” Martin Wolf, FT January 10, 2024.

Since 1988, with Basel I, non-elected by the citizens bank regulators, with risk weighted bank capital requirements, in the name of making our banks safe, have allowed themselves to distort the allocation of bank credit to the economy. 

Wolf opines: “What liberals share is trust in human beings to decide things for themselves.” So, Mr. Wolf, why have you been silent on this clear breach of free market liberalism?

These days, in reference to the farmer’s protests in Berlin I have tweeted/Xd: “Would now John F. Kennedy have wanted to deliver his 1963 ‘Ich bin ein Berliner’ speech? - If the Berlin Wall was still up, would Ronald Reagan now have needed to tell Putin, ‘Tear down this wall’?”

My answer in both cases is NO! US and Russia – West and East Berlin, have been too long exposed to communistic weakening. But it’s coming to an end. More and more nations now need more public debt in order to service their current public debts, and are thereby, de facto, becoming zombie nations.

I pray someone with real political standing would dare to stand up and order: “Basel Committee, tear down your regulations.” I fear that might not happen until this “wall” has crumbled on its own. Those regulations have empowered bureaucracy autocracies, and way too many want to be members or beneficiaries of it. And by the way, if they speak up, they risk not being invited to the World Economic Forums in Davos; and we would not want to risk that, would we?


PS. I tweeted - Xd: "If there’s anything that could help focus on what has happened in the world, and on what’s going on, that is to have a record of all those who, since 1971, have assisted World Economic Forum #WEF meetings in #Davos."