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. — John L. Casti Copy Share Image
From the 1990s onward, the financial sector created a vast array of instruments designed to separate investors from their money, financial derivatives of an… — John L. Casti Copy Share Image
We see an ever-increasing move toward inter and trans- disciplinary attacks upon problems in the real world ... The system scientist has a central… — John L. Casti Copy Share Image
When the next big problem comes online, be it the Euro crisis, nuclear proliferation, an overstretched Internet, a killer flu, or any of the… — John L. Casti Copy Share Image
What distinguishes a mathematical model from, say, a poem, a song, a portrait or any other kind of "model," is that the mathematical model… — John L. Casti Copy Share Image
My own guess is that quite quickly the machine intelligence will start dreaming machine dreams and thinking machine thoughts, both of which would totally… — John L. Casti Copy Share Image
Resilience, timing, adaptation - these are the three pillars upon which the emergent properties of interacting systems rest. When the systems are the economy… — John L. Casti Copy Share Image
I think that in the immediate aftermath of a superhuman machine intelligence revealing itself, most people would feel very threatened but take solace in… — John L. Casti Copy Share Image
I don't think the emergence of a superhuman intelligence would be at all catastrophic but much more likely to be beneficial - just as… — John L. Casti Copy Share Image
I do not believe that there is any person, method, or tool that can consistently and reliably predict specific human events, X- or otherwise. — John L. Casti Copy Share Image
The process of globalization has now interconnected almost everything ranging from financial markets to transport networks to communication systems in a huge system that… — John L. Casti Copy Share Image
The global financial system consists of firms in the financial services sector - banks, hedge funds, insurance companies and the like - and various… — John L. Casti Copy Share Image
If the group has a negative social mood, believing that tomorrow will be worse than today, the bias goes in the opposite direction. Instead… — John L. Casti Copy Share Image
