Earlier quoted context omitted.
Why are there inevitably people who want to do the mental gymnastics of assuming innocence for a man convicted of sex trafficking? I understand assuming innocence the first time someone is accused of anything unsavory because mistakes happen. But once you are convicted, serve jail time and are suspiciously behaving in the same manner... Who are we serving by assuming innocence? And let me remind you that in society w…
That's not what it is about. It is about the story at a certain point of time in the past. Nobody is assuming Epsteins innocence today.
Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
361–370 of 770 posts
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#362Earlier quoted context omitted.
No, it is a pretty good allocation and a great use of that talent. That talent is producing value at a scale unprecedented in human civilisation. The human race has spoken, and this is what it wants. And I, for one, love it.
> talent is producing value at a scale unprecedented As far as I can tell, much of this “value” consists of inserting oneself into existing money flows and diverting a tiny part into one’s own pocket, at the expense of everyone else in the society. Wages in the broader society have been stagnant for decades despite steep increases in labor productivity. Healthcare, housing, and education costs keep skyrocketing witho…
Fortunately, because we are free people, we have proposed a mechanism. You make something valuable to me and you get a sort of exchangeable vote from me that you can use to get someone (perhaps even me) to make something valuable for you. This is a nice mechanism because that way useful people can be rewarded for their usefulness by letting them choose the next thing for labour to be allocated to.
This system is distributed, everyone trusts the vote, and you can't make me do something against my will. This system of free and fair collaboration and competition has produced the current allocation as the current consolidated view of what people want. It's not what you want, true. It's not even what I want. But it's what we (all of us) want as independent agents collaborating and competing with each other.
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#363Earlier quoted context omitted.
What are some examples of things where you can get fined or put in jail for what lay-people might consider an honest mistake?
A simple one that comes up a lot is back dating when a donation "occurred" to be within a certain tax year. Donations don't "occur" until they are processed completely. The end of the tax year has lots of donations come in. If the foundation isn't on their toes, they might not process all of them in time for the tax deadline. It's illegal (though completely possible, and happens all the time) to back-date the donatio…
To fix this, many nonprofits have a fiscal year that is different than the calendar year (calendar year being Jan - Dec) while a fiscal year can be any 12 month period (for example, July beginning to June end). The organization reports based on its fiscal year, so it has plenty of time to process December donations. See here for detail: https://www.irs.gov/charities-non-profits/exempt-organizatio... (this details for nonprofit orgs but the same can be done for businesses and sole-proprietor orgs should this interest someone).
(I have experience in working AML and Compliance for a large multinational bank)
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#364I think it was his way to enmesh them and make them unwitting partners in his systemic abuse. Most people just went along, and were eventually given a massage from a child at his behest to further enmesh them into the conspiracy. No one could play the innocent whistleblower because of their tangential complicity.
The gossip I’ve heard is confirmed by those who knew him - https://www.salon.com/2019/07/09/i-was-a-friend-of-jeffrey-e... ;
> In the early ‘90s, at a Joan Rivers dinner party, my wife and I encountered Ghislaine Maxwell, daughter of disgraced British publishing mogul Robert Maxwell and Epstein’s girlfriend for a brief period in the '90s. She has been accused of recruiting and grooming girls and women for Epstein; she denies this. I’d met her several times with Epstein; we were also “friends,” in that transactional Manhattan way. And might now become better friends. “If you lose 10 pounds, I’ll fuck you,” she said, with my wife standing next to me. And she too became dead to me.
> As his legend grew, many others were fascinated or amused or impressed by Epstein or simply delighted that he wrote checks to their charities. His interest in young women was no secret; Donald Trump famously applauded it in 2002. Vicky Ward, who published a long profile of Epstein in Vanity Fair in 2003, recently revisited transcripts of her interviews: “What is so amazing to me is how his entire social circle knew about this and just blithely overlooked it . . . all mentioned the girls, as an aside.”
It’s why he was so disgustingly coy about what he did. It’s why Ito, who is quite smart, probably knew what was what. And it’s why he deserves his fall from grace.
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#365> I don't get it. This is one of those things where somebody noticed that things just didn't seem right and the proper response to that is to raise concern and ask questions. Sorry, but a 60-something "finance" guy with an entourage of teen models doesn't add up. Sure some of these people have trophy wives half their age, and it raises eyebrows, but this is far beyond that and totally unacceptable once somebody looks…
She’s getting money, he’s getting ... something. (sex? youthful energy? sight of beauty?) As long as it’s legal, it’s a fair exchange. Or do you object to young women (and otherwise beautiful men and women) acting in movies and things like Victoria’s Secret shows as well (well, you could object on the “encouraging body image problems” angle but that’s orthogonal).
And anyway, if it were some kind of "fair exchange", WTF is going through his mind to bring that "entourage" to a place like the media lab. It sounds like a script to a Sacha Baron Cohen film.
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#366I don't understand the outrage. He was convicted of a crime, and he served his time. In hindsight, the sentence was too light, but as regular people are we really supposed to understand all the details? If I met someone who went to jail, should she be exiled forever after serving her sentence? I just don't understand. And people get lenient sentences all the time, am I as a non-lawyer supposed to understand this and…
https://web.archive.org/web/20170606013136/http://www.thedai...
People knew, or should have known, who they were dealing with.
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#367I'm not sure if this is self-aware or not, but Ito's fund is called:"Neoteny", meaning "the retention of child-like attributes through adulthood". Apparently, Epstein's funds / projects were named with innuendos. (edited) https://www.crunchbase.com/organization/neoteny#section-over...
Wikipedia must be skipping over some important details, but it describes him as a two-time college dropout, a nightclub manager in Japan, (EDIT: nevermind, mystery solved! His MIT bio says he was the founder of Japan's Digital Garage and CEO of its first ISP [1]), then he's the president of MIT Media Lab, visiting Harvard Law School professor, on several boards of directors, and runs a VC fund.
I'm not implying he got his money by nefarious means, just that it's interesting to see people who find success (and in this case, downfall) within these institutions despite their unconventional backgrounds.
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#368Earlier quoted context omitted.
> Having young girl-friends is not the same as sex trafficking, though, or is it? I thought sex trafficking would be luring girls out of their country with false promises, then burning their passports so that they can't flee Well, that pretty much sums up what Epstein did. You don't even need to burn passports, you can psychologically manipulate, threaten, beat up, hook on drugs, pass to friends, parade your powerful…
"psychologically manipulate" - isn't that just a loaded way of saying "convince"? Did he actually do all those other things, beatings, threatening? Or is it such a stereotype that it is just assumed that it must have been this way?
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#369Earlier quoted context omitted.
I don’t know if this is a cultural thing, but at least in California I hear the word “boys” used to refer to grown men pretty frequently.
I’ve never heard a grown man referred to as a “boy” except in the pejorative sense/as part of a turn of phrase.
https://en.wikipedia.org/wiki/Boys_from_the_Blackstuff
'American Red Cross – Our boys need SOX' :
https://propagandaposterstore.com/product/american-red-cross...
'Old boy' :
https://dictionary.cambridge.org/dictionary/english/old-boy
edit - could also just go straight to the entry for 'boy' :
'a male child or, more generally, a male of any age'
Re: Joi Ito Resigns from M.I.T. Media Lab After Outcry over Jeffrey Epstein Ties
#370Earlier quoted context omitted.
He hid the donations from MIT. Since Epstein was on the blacklist, MIT might have a civil case against him. I'm not a lawyer, so I don't know if that would be, for example, "fraud".
Also, using your professional relationship as a foundation employee to solicit funds for your personal, private ventures is suuuuuper illegal.