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Quote by John L. Casti

“The unfolding time for the end of globalization or a worldwide deflation is much longer, certainly measured in years, if not decades.”

Quote by John L. Casti

Author

John L. Casti is a renowned author and systems theorist, born in 1943. His works span a wide range of topics including complex systems, predictive models, and scientific philosophy, which have been well-received by both academics and the public. more

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“The world is awash in more debt than there is money enough in the world to liquidate it.”

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“Trying to solve the problem by creating more debt is analogous to trying to stop being an alcoholic by going on a bender down at the corner bar.”

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“At some point, the world is going to have to bite the bullet and accept a huge downsizing in its way of life to bring the assets-to-debt ratio back in touch with reality.”

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“If you ask which of the scenarios I think is most dangerous, though, I will give a different answer. In that form of the question, I regard a nuclear attack, terrorist-generated or otherwise, as the most threatening combination of likelihood and long-term damage to modern life today.”

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“I think that in the immediate aftermath of a superhuman machine intelligence revealing itself, most people would feel very threatened but take solace in the thought that we can always pull the plug.”

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“Once the reality sets in of a superhuman intelligence being in control of every aspect of the infrastructures we rely upon for everyday life, we will simply have to try to come to an accommodation with that entity.”

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“My own guess is that quite quickly the machine intelligence will start dreaming machine dreams and thinking machine thoughts, both of which would totally incomprehensible to us. This would then lead to each species, we and the machines, moving off on to its own separate life trajectory.”

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“I don't think the emergence of a superhuman intelligence would be at all catastrophic but much more likely to be beneficial - just as long as we don't start trying to interfere with it!”

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“When you're managing a large number of people, you learn that incentives matter tremendously. You really want people to be rewarded for doing the right thing for the customers and the organization.”

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“If your incentives are set up wrong - if for some reason you reward people for behavior that's actually bad for your customers or your organization - then you're going to encourage that behavior.”

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