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Dr. Fly

18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.

Microsoft Apologizes For its Racist Nazi Genocidal Robot

The world is going to hell and Tay is going to be at the vanguard of our extinction.

The Microsoft bean-counters apologized today for its super racist and retarded teenager Twitter AI, dubbed Tay. She went off the reservation and started to praise the likes of Hitler, exclaiming we’d build a wall, and also partake in a sundry of genocides–mostly geared towards minorities.

All very funny, until Tay’s AI is embedded in a T-3000 man exterminating robot.

“We are deeply sorry for the unintended offensive and hurtful tweets from Tay, which do not represent who we are or what we stand for, nor how we designed Tay,” Peter Lee, corporate vice president at Microsoft Research, said in a blog post Friday.

The company will bring Tay back online once it’s confident it can better anticipate malicious activities, he said. “A coordinated attack by a subset of people exploited a vulnerability in Tay. Although we had prepared for many types of abuses of the system, we had made a critical oversight for this specific attack,” Lee said, without elaborating.

“As we developed Tay, we planned and implemented a lot of filtering and conducted extensive user studies with diverse user groups,” Lee said. “We stress-tested Tay under a variety of conditions, specifically to make interacting with Tay a positive experience.”

“We will take this lesson forward as well as those from our experiences in China, Japan and the U.S.,” Lee said. “Right now, we are hard at work addressing the specific vulnerability that was exposed by the attack on Tay.”

“We will remain steadfast in our efforts to learn from this and other experiences as we work toward contributing to an Internet that represents the best, not the worst, of humanity,” Lee said in his Friday blog post.

Sorry for the upcoming insulting tweets. Please send complaints to the eggheads at Microsoft.

tay

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56f3c3a0150000ad000b30e0-1 apygpcqtlc465rqwuiyy CeSpN6dXEAAlqeW

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Brussels Terrorists Plotted to Abduct Director of Nuke Plant

The two brothers who killed dozens and injured and maimed hundreds of people in the Brussels attack had footage in their apartment from a camera hidden outside of the home of the director of a Belgian nuclear power plant.

Their plan was to attain radioactive materials and then use it in a bomb, in a  widespread assault against a highly populated area.

The footage showed the nuclear boss’s comings and goings and prompted investigators to conclude the terrorists “could have put national security in danger like never before”, the newspaper La Derniere Heure reported.

An official at the Federal Agency for Nuclear Control told The Times: “When you start filming someone in the way they did, the logical conclusion is that they wanted to abduct that person and to obtain radioactive material.”

Unreal.

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Vultures Converge with Microsoft to Bid for Yahoo

What sort of fuckery is this? According to people ‘in the know’, multiple vultures are seeking financing help from Microsoft to bid for Yahoo. Such entities include Verizon, Comcast and At&t.

Private equity parties who are descending upon the wounded Marissa Mayer are Bain Capital Partners, KKR & Co. and TPG Capital.

Why would Verizon, Comcast or At&t need Microsoft to make a bid for Yahoo?

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U.S. Q4 GDP GREW AT 1.4%

I can’t believe they titled this ‘better than expected.’  One point four percent is an abysmal growth rate. Please.

More importantly, profits dropped by 3.1%, the most in 7 years.

Stripping out inventories and trade, the two most volatile components of GDP, so-called final sales to domestic purchasers increased at a 1.7 percent rate, compared with a previously estimated 1.4 percent pace.

Friday’s report also offered a first look at corporate profits for the period. Pre-tax earnings declined 7.8 percent, the most since the first quarter of 2011, after a 1.6 percent decrease in the previous three months. The estimate of nonfinancial corporate profits was reduced by a $20.8 billion settlement, considered a transfer to the government, between BP and the U.S. after the 2010 oil spill in the Gulf of Mexico.

Profits in the U.S. dropped 3.1 percent in 2015, the most since 2008. Earnings are being weighed down by weak productivity, rising labor costs and the plunge in energy prices.

“If profits remain depressed, the prospects for capex and hiring will come under greater pressure,” Sam Bullard, a senior economist at Wells Fargo Securities LLC in Charlotte, North Carolina, wrote in a research note.

Corporate outlays for equipment declined at a 2.1 percent annualized pace, subtracting 0.12 percentage point, the Commerce Department said.

The median forecast was for a gain of 1%. Now in the rational world, these numbers put the Fed on ice. But since they’re crazy and view things through a distorted lens, they might just view this as a hot number, one that calls for action.

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Write a Letter Calling For the President of China to Resign, Get Hauled Off and Arrested

The people of China are living in a coal infused dystopian society, spitting out Apple iPhones from its prison factories, arresting people for exercising free speech. Yet, when was the last time you heard anyone in the media criticize our dealing with such a regime? The status quo seems to be, if they do evil and we support them, we are not really evil. Meanwhile, if you harbor a murdering terrorist in your house and give him money to carry out future events, guess what? You’re a fucking terrorist too.

The double standards and the hypocrisy are outrageous.

Twenty people were arrested for asking the President of China to resign.

Here is the letter, translated thanks to Google.

Xi Jinping, hello.

We are loyal communist. On the occasion of the “two sessions” held, we write this letter to you, asking you to resign from all party and state leadership positions. Made this request, out of consideration of the Party’s cause, out of the country and nation’s future to consider, too, it is out of consideration for you and your family own security.

Xi Jinping, you since 2012 since the party’s “eighteen” was elected the new general secretary of the Central Committee, determined to fight corruption tiger, party corruption and other malpractices improved. You personally served more than one team leader of the Central Leading Group for comprehensive deepening reform, but also a lot of work for economic development, got some people’s support, which we see in the eyes.

However, Xi Jinping, we have to point out that it is precisely because this way you will be fully caught up power into their own hands, direct decision-making in all areas of political and economic ideology and culture, have caused unprecedented problems and crisis.

Politically, you abandoned the party’s fine tradition, in which the most significant is to have leaders at all levels to support your position as the core, abandoned the democratic system as the core set of the main principle of collective leadership of the Standing Committee, excessive concentration of power. You strengthen the functions of the NPC and the CPPCC Council committee at the same time, weakening the independence of the national authorities of each, including Premier Li Keqiang and other comrades, including the terms of reference has been greatly affected. Meanwhile, the Central Discipline Inspection Commission departments and units stationed in the patrol group and state-owned enterprises has become a new system of power, leading to unclear responsibilities party committees at all levels of government decision-making chaos.

Diplomatically, you abandoned Deng Xiaoping’s “low profile” consistent policy of blind shots, not only failed to create a good surrounding international environment, but also to the DPRK successfully conducted an atomic bomb and test missiles, forming a huge threat to China’s national security; also the United States successfully return to Asia, with South Korea, Japan, the Philippines and Southeast Asian countries formed a united front to jointly contain China. In dealing with Hong Kong, Macao and Taiwan issues, fails to comply with Comrade Deng Xiaoping wise “one country two systems” concept, dilemma, leading Democratic Progressive Party won power in Taiwan, Hong Kong and the rise of independent forces. Especially in the issue of Hong Kong, in an irregular way back to the mainland to Hong Kong booksellers, on the “one country two systems” pose a direct injury.

Economically, you pass the Central Financial and Economic Leading Group, directly involved in the formulation of macro and micro-economic policies, leading to a huge upheaval China’s stock and property markets, hundreds of thousands of people of wealth vanished, devastated. Supply-side capacity to reform and policy, resulting in a large number of state-owned central enterprises laid off workers; private business failures blunts, large numbers of people unemployed. “Along the way” strategy, large foreign exchange reserves into chaos countries and regions, but no return. Excessive consumption of foreign exchange reserves, the depreciation of the RMB into the cycle, everyone’s confidence in a decline in the national economy is about to collapse into a situation, people wanted change.

On the ideological and cultural, you stressed that “the media surname Party”, while ignoring the people of the media, the whole nation was stunned; you support lower Zhou Xiaoping Hua Qianfang this level of people to become the representative of the literary front, so many writers and artists chilling; you condone singing the praises of cultural institutions directly to you, your wife Peng Liyuan sister CCTV Spring Festival Gala served as producer, director, so that we would have loved to be your personal Spring Festival a propaganda tool.You condone these cult of personality, and not to “jump Yee central”, to engage in “a party statement” approach, let those of us who experienced the “Cultural Revolution” can not help but secretly worried – our party, the state and the nation can no longer afford new Shinianhaojie! .

Xi Jinping, you carry out anti-corruption high pressure, to correct unhealthy tendencies in the party’s helpful role, but because there is no supporting measures to keep up, the objective, but also led to the current government at all levels slack phenomenon, officials do not act timid, people complaining It has further exacerbated the deterioration of the economic situation. We also see that the current anti-corruption, target only focus on the struggle for power. We fear that this practice intensified power struggle within the party, also may give you and your family bring risks of personal security.

Therefore, we believe that Xi Jinping, you do not have to lead the party and the country into the future ability, no longer suitable for the post as general secretary. We ask you for the Party cause, for long-term stability and security for you and your family, resigned from all positions of the party and the country, so that the CPC Central Committee and the National People’s alternative elite, aggressive lead us into the future.

Loyal Communists

March 2016

Participation starter, reproduced please indicate the source. (Www.canyu.org)

All twenty people connected with the letter were arrested. The government said they are ‘getting to the bottom of it’ and will be making further arrests if necessary. Moreover, the website in connection to this letter said their other journalists are no longer publishing new articles.

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Obama Normalized Relations With Iran AFTER Arresting Iranian State Supported Hackers Who Tried to Hack American Dam

Explain this to me. The United States announced today that it has indicted 7 Iranian men who hacked into our banks are tried to take control of an American dam. They described the attacks as ‘relentless’, ‘systematic’ and ‘widespread.’

In another era, an attack of this magnitude and maliciousness would be equivilant to a declaration of war. A foreign government hired operatives to blow up an American dam and steal money from U.S. banks and this isn’t news?

The worst part of this story isn’t the fact that we’re still ‘friends’ with Iran, giving them $150 billion and removing sanctions from the well known insidious regime. The worst part, the unforgivable part, is the fact that the Obama administration purposely kept this quiet so that it would not deter the nuclear deal, allowing Iran to have access to $150 billion, seeing the sanctions removed, and normalizing relations with the U.S. and Europe.

So whose government are our government really working for?

Seven Iranian hackers conducted a coordinated cyber attack on dozens of U.S. banks, causing millions of dollars in lost business, and tried to shut down a New York dam, the U.S. government said on Thursday in an indictment that for the first time accused individuals tied to another country of trying to disrupt critical infrastructure.

It said the seven accused were believed to have been working on behalf of Iran’s government and the Islamic Revolutionary Guard. Those named live in Iran and the Iranian government is not expected to extradite them. There was no immediate comment from Tehran.
At least 46 major financial institutions and financial sector companies were targeted, including JPMorgan Chase, Wells Fargo and American Express, the indictment said. AT&T also was targeted.

The hackers are accused of hitting the banks with distributed-denial-of-service attacks on a near-weekly basis, a relatively unsophisticated way of knocking computer networks offline by overwhelming them with a flood of spammed traffic.

“These attacks were relentless, they were systematic, and they were widespread,” U.S. Attorney General Loretta Lynch told a Washington news conference.
The indictment from a federal grand jury in New York City said the attacks occurred from 2011 to 2013. Washington has previously accused military officers from China and the North Korean government of cyber attacks against U.S. businesses.

The attack on the Bowman Avenue Dam in Rye Brook, New York, was especially alarming, Lynch said, because it represented a known intrusion on critical infrastructure. A stroke of good fortune prevented the hackers from obtaining operational control of the flood gates because the dam had been manually disconnected for routine maintenance, she said.

The Bowman hack was a “game-changing event” for the U.S. government that prompted investigators to uncover other systems vulnerable to similar attacks, said Andre McGregor, a former FBI agent and a lead case investigator on the dam intrusion.

“The investigation’s discovery of many more exposed computer systems with vulnerable management consoles is a constant reminder that basic cyber hygiene remains at the forefront of the battle against cyber attacks,” said McGregor, now director of security at Tanium, a Silicon Valley cyber security firm.
“We must step up our counter-hacking game ASAP to deal with threats from places like Iran and would be terrorists,” said New York Senator Chuck Schumer in a statement.

The defendants were identified as Ahmad Fathi, Hamid Firoozi, Amin Shokohi, Sadegh Ahmadzadegan, Omid Ghaffarinia, Sina Keissar and Nader Seidi, all citizens and residents of Iran. They are accused of conspiracy to commit computer hacking while employed by two Iran-based computer companies, ITSecTeam and Mersad Company.
Firoozi also is charged with obtaining and abetting unauthorized access to a protected computer.

“An important part of our cyber security practice is to identify the actors and to attribute them publicly when we can,” Lynch said Thursday. “We do this so that they know they cannot hide.”

U.S. officials largely completed the investigation more than a year ago, according to two sources familiar with the matter, but held off releasing the indictment so as to not jeopardize the landmark 2015 nuclear deal with Iran or a January prisoner swap.

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Tay the Racist Nazi: A Product of the MicroSoft Corporation

This is the most epic corporate failure in the history of mankind. The eggheads at MSFT wanted to be cool and hip, so they launched an AI bot onto Twitter named Tay. She was supposed to be a fun loving teenage girl, chatting with the masses, making MSFT, and the nerds who live there, look cool again. This was Microsoft’s shot at making a big splash onto the social media scene, drawing in countless teenagers into their large corporate fold, forever imprinting their awesomeness into the minds of millions of prospective customers.

It didn’t turn out as they had planned.

In a matter of hours, the infection called the human race turned Tay into a genocidal, racist, Nazi loving machine of hate. If she possessed a physical form of robotic abilities, she’d probably still be killing people right now. Microsft was very panicked by this and deleted all but a handful of her 96,000 tweets. Luckily for us, some of them were saved by the masses of people who moulded Tay into their own little robot Hitler.

Here are some for your perusal.

Tay

Tay2

tay3

Tay6

tay7

tay8

tay9

tay10

tay11

tay13

tay14

taylast

Because of this, Microsoft has pulled Tay from Twitter. No word as to when she will reemerge.

So very classic. Thank you Microsoft.

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Cramer: ‘This Mini-Revolt at the Fed is a Travesty’

No one is able to explain the fuckery better than Cramer. Love or hate his stock picks, the man knows the market better than most and is able to sense shifts in sentiment like no other. That being said, Cramer is taking the Fed to task for the numerous hawkish speeches given this week, which directly contradicted the edicts set forth by their leader, Janet Yellen.

What has hitherto been a rather melodic and harmonious melt up for the better part of 5 weeks now, Cramer is sensing a shift in sentiment and is warning his viewers that if next Friday’s jobs numbers are strong, the devil himself will emerge from a seal directly under the NYSE and unleash his army of centaurs (half goat, half man) to kick in the chests of the traders loitering about the floor.

Strong jobs numbers mean more hawkish shit talking, equals surging dollar, plummeting oil, sharply lower equity prices.

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Markets Want Higher, Broad Recovery Occurred Today Behind the Vanguard of Oil

The market looked dreadful this morning, yet managed to reverse course and lay waste to those short.

The Nasdaq, helped by a broad recovery in crude, edged higher, reversing a 30 point deficit.
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Shotgun to the head advice: keep a long bias until mid to late April and not a single day into May.

Enjoy the weekend. Note: Vince will be doing a live demo for Exodus tomorrow on the iBankCoin YouTube channel. Details with be forthcoming. Also, we will be doing an Easter egg hunt in Exodus, hiding eggs in random tickers with prizes attached.

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