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J. Doyne Farmer Quotes

J. Doyne Farmer is an American complex systems scientist and entrepreneur with interests in chaos theory, complexity and econophysics. He is a Professor of Mathematics at Oxford University, where he is Director of the Complexity Economics at the Institute for New Economic Thinking at the Oxford Martin School, and is also an external professor at the Santa Fe Institute. His current research is on complexity economics, focusing on systemic risk in financial markets and technological progress. During his career he has made important contributions to complex systems, chaos, artificial life, theoretical biology, time series forecasting and econophysics. He co-founded Prediction Company, one of the first companies to do fully automated quantitative trading. While a graduate student he led a group that called itself Eudaemonic Enterprises and built the first wearable digital computer, which was used to beat the game of roulette.



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✵ 22. June 1952
J. Doyne Farmer photo
J. Doyne Farmer: 15   quotes 0   likes

Famous J. Doyne Farmer Quotes

“Our goal is to build a broad-based model of key components of the economy: households, firms, banks and government… The failure to embrace things like simulation has inhibited progress in economics.”

J. Doyne Farmer

As quoted by Stephen Foley, " Physicists and the financial markets http://www.ft.com/intl/cms/s/2/8461f5e6-35f5-11e3-952b-00144feab7de.html#axzz2j7a3dBoP" Financial Times Magazine (Oct18, 2013) ref: the CRISIS Project http://www.crisis-economics.eu/.

“Even though something like Danny Hillis' "connection machine" is big, it's nothing compared with Avogadro's number of processors that nature has at her disposal.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

“If we choose, we can use genetic engineering to alter the character of our offspring. …the motivation to do this will eventually become overwhelming.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

“We don't know what organization is. …We do know that complex adaptive systems have to be nonlinear and capable of storing information. …We know a little bit about what distinguishes an adaptive complex system from a nonadaptive system, such as turbulent fluid flow.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

“The paradox that immediately bothers everyone who learns about the second law is this: If systems tend to become more disordered, why, then, do we see so much order around us? …It seems to conflict with our "creation myth": In the beginning, there was a big bang. …no one is saying that the second law of thermodynamics is wrong, just that there is a contrapuntal process organizing things at a higher level.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

“One of the factors that caused Spencer's ideas to lose popularity was social Darwinism… Social evolution is different from biological evolution: it's faster, it's Lamarckian, and it makes even heavier use of altruism and cooperation than biological evolution does. None of this was well understood at the time.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

J. Doyne Farmer Quotes

“Complex adaptive systems have the property that if you run them—by just letting the mathematical variable of "time" go forward—they'll naturally progress from chaotic, disorganized, undifferentiated, independent states to organized, highly differentiated, and highly interdependent states. Organized structures emerge spontaneously… A weak system gives rise only to simpler forms of self-organization; a strong one gives rise to more complex forms, like life.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

Life , Mathematics , Nature , Strong

“Once we can manipulate our genome, Lamarckian fashion, the rate of change will be staggering.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

Fashion , Change

“In a world of superintelligent humans, the account of a quest to prove a theorem may take on a universality in its drama that seems inconceivable to us now. I believe that rational adventure is fundamental to the human spirit, and that it won't go away. But it will evolve of necessity to take place in the increasingly abstract domains that characterize the boundaries and frontiers of an evolving and ever more complex and abstract world. As a result, it will evolve into forms that are difficult for us to even think about at this point in time.”

J. Doyne Farmer

"The evolution of adventure in literature and life or Will there ever be a good adventure novel about an astronaut?"

World , Thinking , Universe , Time

“We're rapidly creating an extraordinary silicon-based petri dish for evolution of intelligence. By the year 2025… we're likely to have computers whose raw processing power exceeds that of the human brain. Also, we're likely to have more computers than people…”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

People , Intelligence

“Speaking crudely, a living system—an organism—consists of a symbiotic relationship between a metabolism and a replicator. …the replicator contains the blueprint of the organism, with the information needed to grow, make repairs, and reproduce. …the metabolism provides the energy and raw materials needed to build and run the replicator.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

“The basic principle of an autocatalytic network is that even though nothing can make itself, everything in the pot has at least one reaction that makes it, involving only other things in the pot. It's a symbiotic system in which everything cooperates to make the metabolism work—the whole is greater than the sum of the parts.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

Parting

“Rational adventure in a physical setting is becoming increasingly rarer in the world. The evolution of technology and infrastructure has altered the kind of adventures that we can have, so that people with adventurous spirits either take on risk for its own sake, or they embark on rational adventures in the mental domain.”

J. Doyne Farmer

" The evolution of adventure in literature and life or Will there ever be a good adventure novel about an astronaut? http://tuvalu.santafe.edu/~jdf/papers/adventure4.pdf".

People , World

“On learning more astronomy, in the phenomenon of "averted vision," I found a justification for my rationale about the roundabout path to metaphysics via physics: to see a faint star, it's necessary to look away from it; as soon as one looks at it directly, it vanishes.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

Star , Learning

“It seemed that fundamental physics was stuck. The particle physicists were smashing particles into each other with ever increasing force, trying to figure out how many quarks could dance on the head of a pin. The cosmologists were working with very few facts… on what seemed to me to be mainly religious grounds. And most of physics was still focused on pushing and pulling, on the material properties… rather than on its informational properties. …those that relate to order and disorder.”

J. Doyne Farmer

The Third Culture: Beyond the Scientific Revolution (1995)

Dance

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