Vantage Consulting Group

Vantage Consulting Group See also: https://www.linkedin.com/in/david-g-miller-nz We offer national and international coverage – from our offices in Wellington New Zealand.

Founded in 1996, Vantage is a business consulting group with a reputation for providing creative and high quality business and industry analysis, financial and strategic advice, technology commercialisation and joint venture and project management services, to private and public sector organisations. Our directors collectively have extensive experience in identifying and solving the kinds of prob

lems facing organisations operating in today’s competitive global environment. Based on our solid commercial experience and a rigorous analytical approach, we can help you position your organisation or project for success. We offer personalised attention and we enjoy building long-term professional relationships with our clients. Values such as trust, loyalty and integrity are important to us and we take pride in the results of our work.

09/05/2022

OK. So somehow we have to stop the military conflict between Russia and Ukraine.

We need a treaty to which both countries can sign up.

This is obviously likely to be a tortuous process, but we have to start somewhere. So here’s a starter for 10, warts and all. A few clauses are adopted from the previous Minsk II agreement.

If you have expertise or experience in foreign affairs/diplomacy, constitutional law, high level political administration or special knowledge of the scope of the Treaty - please pitch in with comments to enable the document to be upgraded to one with a realistic chance of implementation. If you know anyone with relevant skills or experience, please share the draft treaty with them.

DRAFT UKRAINE/RUSSIA TREATY 2022.
VERSION 1

1. All parties to the conflict will cease military operations as from 12am x xx ###x Eastern European time.
2. Forthwith from that time, a UN force will take over responsibility for peacekeeping in the areas of Ukraine currently occupied by Russian troops (“the disputed territory”).
3. Russian and Ukrainian and any mercenary forces and all military equipment will immediately withdraw from the disputed territory.
4. All prisoners or war, hostages and illegally held individuals will be returned to their respective homelands.
5. All parties to facilitate safe access, delivery, storage and distribution of humanitarian aid to the needy, based on established international aid mechanisms.
6. Define the modalities of a full restoration of social and economic connections, including social transfers, such as payments of pensions and other payments (income and revenue, timely payment of communal bills, restoration of tax payments within the framework of Ukrainian legal field until the outcome of the election defined in clause 8 is known and any new jurisdictions established on the basis of the electoral results).
7. With this aim, Ukraine will restore management over the segment of its banking system in the districts affected by the conflict, and possibly, an international mechanism will be established to ease such transactions.
8. Within 12 months of the ceasefire, inhabitants of the disputed territory will vote on:
• self government (in one or more political jurisdictions, the political structure and format to be decided by the inhabitants under the auspices of the United Nations).
• remaining part of Ukraine.
9. The ex*****on and results of the election will be reviewed by an appointed panel of neutral and expert UN analysts on a district by district basis, to allow for some parts of the disputed territory to choose different options as outlined in clause 8. The panel will also be responsible for arbitrating any disputes arising from this agreement.
10. Ukraine agrees not to join NATO, but may choose to join the European Union.
11. Crimea will be recognised as part of Russia.
12. Ukraine, or any self-governing territory controlling the relevant road and rail corridors, guarantees safe, unfettered and direct access for Russian transport between Crimea and Russia’s E58 highway.
13. Russia and Ukraine unconditionally and irrevocably agree not to attack each other and not to attack or intervene in the disputed territory.
14. Any investigation of war crimes by any party involved in the conflict may be pursued by any party drawing upon internationally recognised judicial processes and internationally recognised current or newly established organisations (eg Interpol, International Criminal Court, United Nations Court of Justice).

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MONITORING AND EXTRAPOLATING DEVELOPING EXPONENTIAL TRENDSExponential trends are especially important because they can l...
27/01/2021

MONITORING AND EXTRAPOLATING DEVELOPING EXPONENTIAL TRENDS

Exponential trends are especially important because they can lead to such dramatically different scenarios in short periods of time. The Singularity University ran a workshop on this theme in Christchurch in 2016. Although I was unable to attend, Nick Churchouse from CreativeHQ gave an excellent and thought provoking summary of key points to a Wellington audience of innovators and angel investors.

Roll on to January 2020. Coronavirus news beginning to make waves. Here’s most of an email I sent to my old mate and sharebroker Kevyn Rendell (Gould Steele/now Maxim Financial Markets). It was a bit of a stab in the dark and if anything felt OTT at the time. But not now:

From: David M
Date: 28 January 2020 at 4:18:30 PM NZDT
To: Kevyn Rendell
Subject: Coronavirus- likely impact on markets

I think there is scope for further major sharemarket falls because of the coronavirus.

1. The death toll has quadrupled in a few days. The fatality rate is about 2.5 - 3%.
2. There have now been 100 cases suspected in USA - from 1-2 a few days ago.
3. There is an incubation period of 1-2 weeks when the disease is contagious but there are no recognisable symptoms. This is a disaster from a public health/disease control perspective. It is also likely to mean that the exponential growth of the virus will continue for quite a while yet.
4. Given the exponential growth trend of the virus, we will soon be hearing of thousands of deaths and potentially millions or tens of millions being assessed. Longer term maybe hundreds of millions given the characteristics of the disease and it’s spread to date.
5. People are notoriously poor at anticipating exponential trends, they tend to think in terms of the status quo or straight line trends.
6. World sharemarkets are at extraordinarily high historical levels.

So I think it is inevitable the coronavirus epidemic will spook the market in a big way, notwithstanding the fundamental driver to date of poor bond returns.

You and I have seen a number of major sharemarket fluctuations over the last 50 years, so far on this occasion we have only seen a minor glitch downwards. For the reasons outlined above, I think this fall in markets will be a fairly substantial one.

Cheers

Dave
David Miller
0274844258
[email protected]

Sent from my iPhone

Even though the analysis was roughly on the mark, it was still almost impossible to fast forward mentally to the sad outcome we see globally 12 months on. So perhaps that’s the real lesson from trying to monitor and extrapolate exponential trends. How to envisage the end state. And how tough is that!! 😳

See also: https://www.linkedin.com/in/david-g-miller-nz

Sensible article on risks of outdoor transmission of Covid-19:
15/08/2020

Sensible article on risks of outdoor transmission of Covid-19:

There’s little reason to believe passing outdoor encounters pose a major risk of spreading the coronavirus.

INDOOR VERSUS OUTDOOR TRANSMISSION OF COVID-19Picking racehorses to win races draws on some very well established princi...
16/05/2020

INDOOR VERSUS OUTDOOR TRANSMISSION OF COVID-19

Picking racehorses to win races draws on some very well established principles. Even those of us who are not particularly interested in the sport get the drift.
The general idea is to identify the major factors that determine which horse is going to win - previous form of the horse and the jockey, barrier draw, length of race, track condition and so on.Most punters focus only on the important factors. The fact that Mr and Mrs Brown are screaming for certain horses as they come down the straight Is unlikely to affect the betting odds.

It’s very like that when it comes to trying to eliminate COVID-19. scientists have figured out that factors such as lockdowns, physical distance, washing hands and cleaning commonly used surfaces are key influences in preventing or minimising viral transmission. Wearing masks appears to be a matter of debate and ingesting disinfectant has been discounted.

Correctly identifying the factors that impact the likelihood or rate of transmission are extremely important. They determine the public policy framework that governments impose to protect their populations and the operations of their health systems. They determine how people should interact - if at all - in social, work, in retail, educational, health, public transport, religious and sporting settings. They impact on what personal protective equipment should be used, how and in what situations. They affect what public and private institutions are allowed to operate and how.

If the factors identified are right, they will minimise disease at the least possible health and economic cost. If they are wrong, they will impose potentially significant health and economic costs from either getting it wrong and therefore proving inadequate, or by representing “overkill” of resources that are unnecessary.

So it is very important to get it right.

But a while back, following up a hunch, I Identified what appears to be an extremely important influence on COVID-19 transmission that does not appear to have been adequately acknowledged by authorities in NZ or worldwide. This is the difference between indoor and outdoor transmission.

Preliminary evidence from Wuhan in a paper that at the time of publication was yet to be peer-reviewed, plus a Japanese study, suggested that COVID-19 virus transmission is almost entirely an indoor phenomenon. The Chinese paper investigated 318 identified outbreaks that involved three or more cases. The study identified only ONE outbreak in an outdoor environment, which involved two cases. All outbreaks that involved three or more cases occurred in indoor environments.
See:

https://www.nationalreview.com/corner/coronavirus-transmission-chinese-study-shows-covid-more-likely-spread-indoors/amp/‬

The Japanese investigation found that transmission indoors was 18.5 times more likely to occur than outdoor transmission. See:

https://www.medrxiv.org/content/10.1101/2020.02.28.20029272v2‬

These differences are dramatic, to say the least. The articles are now several weeks old, and you have to ask why the “indoor versus outdoor transmission“ theme has not been publicly debated.

As indicated earlier, we would expect that policies for public behaviour are related to minimising the variance that accounts for transmission. It seems that outdoor vis-a-vis indoor accounts for a huge amount of the variance, but has not been given sufficient credence as a significant factor by public authorities.

While there are clearly differences between Wuhan and Japan and New Zealand, we should surely be analysing our transmission data to see if the Asian results hold here. If so, they could raise significant public poly issues. Is the Police clearing the public from outdoor spaces really the best use of their resources? Shouldn’t educational authorities be encouraging outdoor activity as much as possible, especially at early childhood centres? Are the risks relating to outdoor working environments such as construction, agriculture, forestry and pest trapping over-stated? And maybe for outdoor sports and recreation too?

Risk management in outdoor environments has imposed massive costs on our and global economies - could these have been significantly reduced on the basis of better analysis of transmission data? Should New Zealand (and other nations) have investigated indoor versus outdoor transmission much more extensively and intensively in order to potentially reduce these costs?

I sent the Chinese link above to the Ministry of Health and received no reply. Neither did the National Party health spokesman reply. I sent it to a leading epidemiologist who hadn’t seen the paper - he courteously expressed appreciation for receiving notification of it. Another leading expert sent an uninformative automated reply.

What do you think? A serious oversight and lost opportunity?

Objective: To identify common features of cases with novel coronavirus disease (COVID-19) so as to better understand what factors promote secondary transmission including superspreading events. Methods: A total of 110 cases were examined among eleven clusters and sporadic cases, and investigated who...

Superb news! The Gracefield Innovation Quarter is definitely the jewel in Technology Valley’s crown. 👍
17/06/2019

Superb news! The Gracefield Innovation Quarter is definitely the jewel in Technology Valley’s crown. 👍

Hutt City Council has welcomed the government’s $75M commitment to Callaghan Innovation that Research, Science and Innovation Minister Hon. Dr. Megan Woods presented this morning at the Gracefield Innovation Quarter site in Lower Hutt.

Awesome technological breakthrough. Alex St John from Nyriad gives impressive demo.
21/01/2019

Awesome technological breakthrough. Alex St John from Nyriad gives impressive demo.

Our partner, NYRIAD, was on our booth at Supercomputing 2018 with their Warp Drive to demonstrate the resilience of NSULATE: a GPU-accelerated alternative to...

An interesting American perspective on New Zealand culture.
07/07/2018

An interesting American perspective on New Zealand culture.

Savannah Peterson is the founder of US-based Savvy Millennial and made the 2016 Forbes 30 Under 30 list for Consumer Technology. She recently took a trip down to Gisborne to ...

Calling market/business students: holiday contractor position available - would especially suit student residing in East...
19/11/2017

Calling market/business students: holiday contractor position available - would especially suit student residing in Eastern Bays, Petone, Moera, Woburn, Waterloo, or Wainuiomata. See Student Job Search website for details -

Helping New Zealand employers fill part time, casual or one off jobs for free. Seek or list a job on SJS in minutes.

Our London branch.....Yeah right!! 😂
06/10/2017

Our London branch.....Yeah right!! 😂

25/05/2017

SUPERINTELLIGENCE - GLOBAL RISKS AND STRATEGIES

The following is a synopsis of a presentation I gave on 19 May 2017 expressing deep concerns about the nature and extent of global risks of future superintelligence. The presentation was part of Hutt City Council’s Science, Technology, Engineering, Manufacturing and Mathematics (STEMM) Festival .
__________________________________________________

The arrival of superintelligence is probably still several decades away – specifically the singularity - a point at which superintelligence might exceed aggregate human intelligence before rapidly accelerating much further.

However, there is an extremely wide range of organisations and people targeting superintelligence.

The participants include multinational corporations and smaller companies, right down to start-ups - seeking financial returns; military branches and other government agencies - seeking military or political power; universities and scientific institutions, individual scientists and engineers - seeking world-class reputations; and terrorists and criminal syndicates - seeking ideological or illegal gains.

We need to differentiate superintelligence from more conventional artificial intelligence. We can usefully compare superintelligence risks with those applicable to the nuclear threat, pandemics and a potential asteroid hitting the earth.
Oxford Professor Nick Bostrom defines several categories for future superintelligence, varying from analytical tools targeting particular goals to “Sovereigns” that could operate autonomously and define and solve a wide range of problems.
A non-sentient form of extreme intelligence might be particularly dangerous. It might not be possible to reason with it and it might be extremely goal-directed at all costs, consuming resources that could even include humans - for example as a source of energy.

There are all sorts of possible scenarios including some in which the superintelligence might not divulge its status until it is in a position to escape and operate autonomously.

Controlling superintelligence will be extremely difficult because of the nature and extent of the global risks.

The areas of technological development we will need to monitor span advanced software and robotics, autonomous military weapons, several biotechnology disciplines, the protocols and regulatory regimes used to restrict or control autonomy of advanced technologies and the intellectual property likely to be prized and protected by participants that is critical to the development of superintelligence.

It is likely that corporate, military, government and scientific participants will want to get as close to dangerous superintelligence as they can, because that is where they will get the greatest bang for their bucks. But experimenting with artificial intelligence that is close to the boundary of superintelligence may have devastating implications for humanity.

Comparable global risks associated with other potentially catastrophic events are qualitatively different. The nuclear threat is characterised by a relatively small number of nations, and we have a long and successful history of explicit control, despite a few issues with North Korea just at the moment. Climate change is a slow and visible process, and humanity hopefully has time to respond to the threat. Pandemics, along with a hypothetical asteroid collision, are very much a common threat, and people across national boundaries are highly motivated to address the threats with the best technology available.

Consider, for example, the risks of superintelligence vis a vis an asteroid collision with the earth.

An asteroid collision threat would be clearly definable and measurable, and its timing of arrival predictable; it would also clearly be a common threat to all; and it would not be difficult to garner global support to address the threat. By contrast, superintelligence could derive from any one of numerous sources; the timing is likely to be unpredictable; the perpetrator may well perceive themselves to be a winner from it; it may be very difficult to focus resources to resist or overcome it because of national or military boundaries; and it may happen extremely fast with no time for otherwise valuable iterative information feedback loops. We may not appreciate the downside until it is too late.

Some experts believe that machine learning, and particularly more advanced neural programming and predictive analytics, are inherently unpredictable.

There are several methods that could be used to control superintelligence. These include boxing it - rather like a dangerous pathogen in a secure laboratory; providing incentives for good behaviour; implementing kill switches, tripwires and honey pots for direct control and monitoring; controlling energy sources; and running parallel forms of superintelligence with identical initial instructions in order to watch for undesirable behaviour. All of these appear to have significant weaknesses.

Nick Bostrom and others conclude that early installation of good values/ethics into superintelligence is one of the better options. The idea would be to inform and encourage superintelligence to place a high value on humanity and its future. Even this is complicated - who will decide on the values? We have many different political systems and ideologies on the planet and it is not easy to get people to agree on important principles of how we should all live together in peace, prosperity and harmony.

Already, a 2017 European Parliamentary report has called for kill switches on advanced robots, and discussed their legal status as ‘electronic persons’. But if work on downloading the contents of human brains and even emotions on to computers was successful, there might be hesitation in applying a kill switch.

There has been a proposal to tax robots. The European report recommends that robotic research should respect fundamental rights and be conducted in the interests of the wellbeing of humans.”
Designers may be required to register their advanced robots, provide access to the source code to investigate accidents and damage caused by bots. Designers may have to obtain go-ahead for new advanced robotic designs from a research ethics committee.

Successful future international collaboration is critical. There is a number of successful precedents for this, e.g. the International Atomic Energy Commission, CERN, the International Space Station, the Human Genome Project, the Square Kilometre Array and international agencies such as Red Cross/Red Crescent, UNDP and UNESCO.
However, these organisations receive variable support from different nations, both in terms of numbers and resource commitments. And this is in spite of most of them having a clear public good with minimal if any competition amongst the participants.

In the case of superintelligence, it will be much more complex and challenging. We could face numerous players with multiple, powerful, selfish motives. We will have to deal with an existing lack of trust between governments, militaries and even government agencies within nations. The proponents of superintelligence may be strongly committed to protecting their intellectual property and not sharing it with the world. Further, Government agencies are typically slow to react and to make policy, and this may be incompatible with the problem we face.

Approaching superintelligence will require a need for unprecedented accountabilities of world political, military and business leaders, along with those involved directly and even perhaps indirectly in the creation of even near-superintelligence.

We will need a powerful global monitoring and control entity operating for and on behalf of humanity, with some kind of “technological hit squad” able to act rapidly, decisively and effectively anywhere in the world.

The Trumps, Xis, Putins, Merkels, Macrons and Mays of the coming decades - and all political, military, business and scientific leaders, scientists and engineers involved - will need to think in terms of new international treaties and accountability to a powerful International Criminal Court. We’re talking about outcomes much worse than treason - potentially unimaginable crimes against humanity. The accountabilities will need to be such that if superintelligence even begins to get away from us, the severity of the response will make the Nuremberg trials after World War II look like a kindergarten picnic.

We need to ensure that the public is well educated and exerts pressure on political, military and business leaders and on scientists and engineers working in the space. We need to collate and integrate numerous analyses and reports that are already being undertaken around the world by government agencies, AI research and educational institutions and professional and industry bodies. And we should include analysis of protocols on autonomous weapons.

There is some excellent work being undertaken by entities such as the Centre for the Study of Existential Risk – University of Cambridge, the Singularity University in California and many others. We are now approaching the time when their outputs need to be integrated into international policy frameworks.
We have some time. We have a good record of responding to massive risks (e.g. nuclear, pandemics). We have a responsibility not to give our future generations what in rugby is called a ‘hospital pass’ - the one where you get smashed by the opposition. We must think beyond money, military superiority and political power and think of future generations - right across the planet.

New Zealand is particularly competent in information technology and biotechnology and as an independent and respected participant in world affairs, could play a useful role in gaining long-term support for international collaboration, agreement and action.

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