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...one cannot but wonder how an environment can make people despair and sit idle and then, by changing the conditions, one can transform the same people into matchless performers.
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Muhammad Yunus (Banker to the Poor: Micro-Lending and the Battle Against World Poverty)
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But the Turing test cuts both ways. You can't tell if a machine has gotten smarter or if you've just lowered your own standards of intelligence to such a degree that the machine seems smart. If you can have a conversation with a simulated person presented by an AI program, can you tell how far you've let your sense of personhood degrade in order to make the illusion work for you?
People degrade themselves in order to make machines seem smart all the time. Before the crash, bankers believed in supposedly intelligent algorithms that could calculate credit risks before making bad loans. We ask teachers to teach to standardized tests so a student will look good to an algorithm. We have repeatedly demonstrated our species' bottomless ability to lower our standards to make information technology look good. Every instance of intelligence in a machine is ambiguous.
The same ambiguity that motivated dubious academic AI projects in the past has been repackaged as mass culture today. Did that search engine really know what you want, or are you playing along, lowering your standards to make it seem clever? While it's to be expected that the human perspective will be changed by encounters with profound new technologies, the exercise of treating machine intelligence as real requires people to reduce their mooring to reality.
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Jaron Lanier (You Are Not a Gadget)
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I profoundly believer, as Grammen's experience over twenty years has shown, that personal gains is not the only possible fuel for free enterprise. Social goals can replace greed as a powerful motivational force. Social-consciousness-driven enterprises can be formidable competitors for the greed-based enterprises. I believe that if we play our cards right, social-consciousness-driven enterprises can do very well in the marketplace.
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Muhammad Yunus (Banker to the Poor: Micro-Lending and the Battle Against World Poverty)
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You aren't defined by your Qualification, Profession or Possession, but Character
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Kandarp Gandhi (Buddhist Banker : Money can’t buy happiness, Wisdom can.)
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Be the change, you seek from society
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Kandarp Gandhi (Buddhist Banker : Money can’t buy happiness, Wisdom can.)
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Success is not a summit to climb, It is an equilibrium where work and life are balanced
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Kandarp Gandhi (Buddhist Banker : Money can’t buy happiness, Wisdom can.)
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In the United States I saw how the market liberates the individual and allows people to be free to make personal choices. But the biggest drawback was that the market always pushes things to the side of the powerful. I thought the poor should be able to take advantage of the system in order to improve their lot.
Grameen is a private-sector self-help bank, and as its members gain personal wealth they acquire water-pumps, latrines, housing, education, access to health care, and so on.
Another way to achieve this is to let abusiness earn profit that is then txed by the government, and the tax can be used to provide services to the poor. But in practice it never works that way. In real life, taxes only pay for a government bureaucracy that collects the tax and provides little or nothing to the poor. And since most government bureaucracies are not profit motivated, they have little incentive to increase their efficiency. In fact, they have a disincentive: governments often cannot cut social services without a public outcry, so the behemoth continues, blind and inefficient, year after year.
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Muhammad Yunus (Banker to the Poor: Micro-Lending and the Battle Against World Poverty)
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When time is not in your favor, be in favor of time
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Kandarp Gandhi (Buddhist Banker : Money can’t buy happiness, Wisdom can.)
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Hard work beats talent, when talent doesn’t work hard
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Kandarp Gandhi (Buddhist Banker : Money can’t buy happiness, Wisdom can.)
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Let’s assume for a moment that we are starting to write a novel using Fred’s goal of wanting desperately to be first to climb the mountain. The reader now forms his story question. But the story has to start someplace, and it has to show dynamic forward movement. Let’s further assume, then, that Fred comes up with a game plan for his quest. He decides that his first step must be to borrow sufficient money to equip his expedition. So he walks into the Ninth District Bank of Cincinnati, sits down with Mr. Greenback, the loan officer, and boldly states his goal, thus: “Mr. Greenback, I want to be first to climb the mountain. But I must have capital to fund my expedition. Therefore I am here to convince you that you should lend me $75,000.” At this point, the reader sees clearly that this short-term goal relates importantly to the long-term story goal and the story question. So just as he formed a story question, the reader now forms a scene question, which again is a rewording of the goal statement: “Will Fred get the loan?” Here is a note so important that I want to set it off typographically: The scene question cannot be some vague, philosophical one such as, “Are bankers nice?” or “What motivates people like Fred?” The question is specific, relates to a definite, immediate goal, and can be answered with a simple yes or no.
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Jack M. Bickham (Elements of Fiction Writing - Scene & Structure)
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Hamilton opposed the vogue for state banks that proliferated in the 1790s, less from narrow political motives than from a fear that competition among banks would dilute credit standards and invite imprudent lending practices as bankers vied for clients.
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Ron Chernow (Alexander Hamilton)
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I never knew a man who had better motives for all the trouble he caused.” —GRAHAM GREENE, The Quiet American
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Liaquat Ahamed (Lords of Finance: The Bankers Who Broke the World)
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Question why we have certain attitudes towards professions/moods:
1) Corrupt politician
2) Vain movie star
3) Disgruntled employee
4) Mean classmate
5) Greedy banker
6) Deep writer
7) Sad poet
Why do we apply these moods to people from these occupations? Where does this desire to criticize stem from? Why are we more critical of some occupations more than others? Since when have stereotypes existed? Why do we typically utilize them in a negative manner?
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Aida Mandic (Try Again)
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As a result, the rationale for many of his decisions was misinterpreted and his motives were constantly questioned. His
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Liaquat Ahamed (Lords of Finance: The Bankers Who Broke the World)
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he lost his temper more than once at the journalists who questioned his motives for resigning a little too closely.
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Liaquat Ahamed (Lords of Finance: The Bankers Who Broke the World)
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he displays a natural talent for the give-and-take of policy formulation, knowing when to concede and when to push, when to bluff, when to threaten and when to fold, and considerable insight into the motivations and character of those he was up against.
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Liaquat Ahamed (Lords of Finance: The Bankers Who Broke the World)
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The enslavement of human beings amounts to a grave violation of human rights. The institution of slavery is a sin, a form of genocide, and a system of racial oppression, exploitation, and intergenerational theft that robs people of their freedom of movement, expression, and self-determination. It endeavors to deny people their dignity and humanity, among other things. From the vantage point of the monarch, the oligarch, the slave trader, or the banker, however, human trafficking is first and foremost a for-profit endeavor, a business enterprise designed to enrich its partners and shareholders. Moreover, the profit motive justifies the abuses, and the attendant systems of racial oppression and white supremacy that certainly must follow.
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David A. Love (Four Hundred Souls: A Community History of African America, 1619-2019)
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If u hate your life today, u will hate it forever...
If u love your life today, u will love it forever...
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Kandarp Gandhi (Buddhist Banker : Money can’t buy happiness, Wisdom can.)
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In the second year of the Trump presidency, I attended a dinner of American hedge funders in Hong Kong. I was there as a guest speaker, to survey the usual assortment of global hot spots. A thematic question emerged from the group—was the “Pax Americana” over? There was a period of familiar cross-talk about whether Trump was a calamitous force unraveling the international order or merely an impolitic Republican politician advancing a conventional agenda. I kept interjecting that Trump was ushering in a new era—one of rising nationalist competition that could lead to war and unchecked climate change, to the implosion of American democracy and the accelerated rise of a China that would impose its own rules on the world. Finally, one of the men at the table interrupted with some frustration. He demanded a show of hands—how many around the table had voted for Trump, attracted by the promise of tax cuts and deregulation? After some hesitation, hand after hand went up, until I was looking at a majority of raised hands. The tally surprised me. Sure, I understood the allure of tax cuts and deregulation to a group like that. But these were also people who clearly understood the dangers that Trump posed to American democracy and international order. The experience suggested that even that ambiguous term “Pax Americana” was subordinate to the profit motive that informed seemingly every aspect of the American machinery. I’d come to know the term as a shorthand for America’s sprawling global influence, and how—on balance—the Pax Americana offered some stability amid political upheavals, some scaffolding around the private dramas of billions of individual lives. From the vantage point of these bankers, the Pax Americana protected their stake in international capital markets while allowing for enough risk—wars, coups, shifting energy markets, new technologies—so that they could place profitable bets on the direction of events. Trump was a bet. He’d make it easier for them to do their business and allow them to keep more of their winnings, but he was erratic and hired incompetent people—so much so that he might put the whole enterprise at risk. But it was a bet that enough Americans were willing to make, including those who knew better. From the perspective of financial markets, I had just finished eight years in middle management, as a security official doing his small part to keep the profit-generating ocean liner moving. The debates of seemingly enormous consequence—about the conduct of wars, the nature of national identity, and the fates of many millions of human beings—were incidental to the broader enterprise of wealth being created.
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Ben Rhodes (After the Fall: Being American in the World We've Made)
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The banker had a point. It’s true that on paper the deal didn’t make obvious sense. But I felt certain that this level of ingenuity was worth more than any of us understood or could calculate at the time. It’s perhaps not the most responsible advice in a book like this to say that leaders should just go out there and trust their gut, because it might be interpreted as endorsing impulsivity over thoughtfulness, gambling rather than careful study. As with everything, the key is awareness, taking it all in and weighing every factor—your own motivations, what the people you trust are saying, what careful study and analysis tell you, and then what analysis can’t tell you. You carefully consider all of these factors, understanding that no two circumstances are alike, and then, if you’re in charge, it still ultimately comes down to instinct. Is this right or isn’t it? Nothing is a sure thing, but you need at the very least to be willing to take big risks. You can’t have big wins without them.
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Robert Iger (The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company)
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Take not for friends wolves and bankers; they both have voracious appetites - rjs
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rassool jibraeel snyman