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Sunday, 15 December 2024

A mind outside the brain

 

Proponents say the mind does not exclusively reside in the brain or even the body, but extends into the physical world.

THE notion of the extended mind challenges traditional understandings of cognition by suggesting that mental processes are not confined solely to the brain but are, instead, distributed across the brain, body and environment.

This innovative perspective posits that the tools we use, the spaces we inhabit, and the social interactions we engage in are integral components of our cognitive processes.

Rather than viewing the mind as an isolated entity, the extended mind theory encourages us to consider how our surroundings, technologies and relationships shape our thoughts, memories and problem-solving abilities.

At its core, the concept emphasises that cognition is not merely an internal affair but a dynamic interplay between individual mental states and external factors.

This framework opens up a rich field of inquiry into how we think, learn and interact with the world around us.

By recognising the mind’s extension into the external world, we gain new insights into the nature of intelligence and the ways in which we can enhance our cognitive capabilities.

Roots of theory

The extended mind theory draws from a rich tapestry of philosophical thought.

One of the earliest proponents of ideas resembling the extended mind was American philosopher William James, who emphasised the fluidity of consciousness and the importance of external stimuli in shaping mental states.

Additionally, the works of phenomenologists, particularly Maurice Merleau-ponty, highlighted the embodied nature of cognition, asserting that our understanding of the world is deeply intertwined with our physical presence within it.

Andy Clark and David Chalmers’ contribution was particularly groundbreaking, as they introduced the parity principle, which states that if an external entity functions in the same way as an internal cognitive process, we should consider it part of the cognitive system.

This principle challenges traditional notions of mind and body as separable entities, suggesting instead that our cognitive landscape extends into our interactions with the world, including the tools we use and the social contexts we inhabit.

Despite its innovative approach, the extended mind theory has faced scrutiny from various quarters – critics argue that it risks overextending the boundaries of cognition. They assert that while tools may assist cognitive functions, they do not replace or embody them in the same manner as internal mental processes.

Proponents, however, say that cognitive processes can indeed be distributed, emphasising that the relationship between mind and environment is not merely one of assistance but a dynamic interplay that shapes thought itself.

By acknowledging the role of external elements, proponents assert that we gain a more nuanced understanding of cognition, one that reflects the complexities of human experience in an increasingly interconnected world.

By looking beyond the confines of the brain, we can explore the intricate relationships between mind, body and environment, setting the stage for a deeper investigation into the implications of this theory.

Key areas involved

There are three key areas where the implications of the extended mind theory manifest:

> The environment

The extended mind theory posits that cognitive processes are not confined to the brain but are distributed across the individual and their environment.

This perspective encourages researchers to explore how physical spaces, social contexts, and even the material objects we interact with can shape our cognitive abilities.

For example, studies have shown that the arrangement of a workspace can significantly impact creativity and problem-solving capabilities. Environments rich in stimuli can enhance memory recall, while those lacking in engagement may lead to cognitive stagnation.

Moreover, the concept of affordances i.e. how the environment offers opportunities for action, plays a crucial role in shaping our cognitive experiences.

When individuals interact with their surroundings, they engage in a dynamic exchange that influences their thought processes.

This interaction suggests that understanding cognition requires a holistic view that incorporates environmental factors rather than isolating cognitive functions within the confines of the brain.

> Role of technology

Technological advancements have further expanded the boundaries of the extended mind.

From smartphones to wearable devices, technology has become an integral part of our cognitive tool kit.

These tools not only serve as extensions of our memory – storing information we might otherwise forget – but also enhance our problem-solving abilities by providing instant access to vast amounts of data.

Cognitive scientists are increasingly examining how technology modifies our cognitive processes e.g. using augmented reality (AR) and virtual reality.

However, this increased reliance on technology raises important questions about cognitive offloading – where individuals transfer cognitive tasks to external devices.

While this can lead to increased efficiency, it may also result in a decline in certain cognitive skills, such as memory and attention.

The challenge lies in striking a balance between leveraging technology as an extension of our cognitive capabilities while maintaining the essential skills that underpin our cognitive health.

> Social interactions

The extended mind framework also emphasises the role of social interactions in cognitive processes, highlighting how collective cognition emerges when individuals collaborate and share knowledge.

Cognitive scientists have found that group dynamics can significantly enhance problem-solving abilities, as diverse perspectives contribute to a richer understanding of complex issues.

Collaborative tools, such as shared documents and online communication platforms, facilitate this collective cognition by enabling real-time exchanges of ideas and information.

These interactions not only augment individual cognitive capacities but also create a shared cognitive environment that fosters creativity and innovation.

Research has demonstrated that groups capable of effectively leveraging their collective intelligence can outperform individuals working alone.

Applications in daily life

External resources we can use include:

> Tools to enhance memory and learning

From simple notepads and whiteboards to sophisticated digital applications, these tools serve as extensions of our cognitive capabilities. For instance, writing down information helps to offload cognitive burdens, allowing individuals to process and retain information more effectively.

Smartphones and tablets provide access to vast amounts of information, enabling learners to engage with content in diverse ways e.g. via interactive quizzes or multimedia presentations.

These tools not only facilitate the encoding and retrieval of information but also support active learning strategies, such as spaced repetition, which can lead to deeper understanding and retention.

> Collaborations to solve problems

When individuals come together, their collective cognitive resources can exceed the capabilminds. ities of isolated Teamwork allows for the poolknowledge, ing of skills and perspectives, resulting in enhanced problem-solving and creativity.

For example, brainstorming sessions leverage the diverse insights of team members, leading to innovative solutions that may not have emerged from solitary thinking. Moreover, collaborative tools – such as shared digital platforms and project management software – create environments where ideas can be easily exchanged, thus extending cognitive processes beyond the individual.

> Mindfulness and environmental awareness

Being attuned to our surroundings and recognising how they influence our thoughts and behaviours can lead to more intentional decision-making.

Meditation and nature walks can enhance our awareness of the relationship between our minds and the external world, enabling us to engage with our environments in more meaningful ways.

We can then create environments – be it through decluttering our spaces or surrounding ourselves with inspiring stimuli – that promote focus, creativity, and mental well-being.

Future direction

The concept of the extended mind has significantly reshaped our understanding of cognition, challenging traditional notions that confine mental processes within the skull.

By positing that our cognitive capacities extend into our environments, tools and social interactions, the theory offers a broader perspective on how we think, learn and interact with the world around us.

This paradigm shift has profound implications not only for cognitive science but also for education, technology, and our daily lives.

One promising direction lies in the integration of technology into our cognitive processes.

Researchers might explore how emerging technologies, such as artificial intelligence and AR, can serve as cognitive extensions, enhancing our problem-solving abilities and decision-making processes.

Future studies could investigate how social networks and collaborative platforms influence group dynamics and collective problem-solving.

By examining the interplay between individual and communal cognition, researchers can better understand how we can harness the power of social interactions to enhance learning and innovation.

Mindfulness and environmental awareness also present fertile ground for exploration.

In conclusion, the theory of the extended mind invites us to reimagine the boundaries of cognition and its myriad influences.

By embracing the extended mind framework, we can unlock new avenues for understanding human cognition, ultimately enriching our experiences and interactions in an increasingly complex world.

By Datuk Dr Nor Ashikin Mokhtar who is a consultant obstetrician and gynaecologist, and a functional medicine practitioner. For further information, email starhealth@ thestar.com.my. The information provided is for educational and communication purposes only, and it should not be construed as personal medical advice. Information published in this article is not intended to replace, supplant or augment a consultation with a health professional regarding the reader’s own medical care. The Star does not give any warranty on accuracy, completeness, functionality, usefulness or other assurances as to the content appearing in this column. The Star disclaims all responsibility for any losses, damage to property or personal injury suffered directly or indirectly from reliance on such information.

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Saturday, 14 December 2024

Heralding the Golden Age of Cryptocurrency


 ■ Presidentelect Donald Trump’s embrace of cryptocurrencies marks a pivotal moment

■ Analysts projecting Bitcoin to reach US$200,000 by end-2025

■ The outlook for Bitcoin and the broader crypto market is overwhelmingly positive, but risks remain

THE cryptocurrency world is buzzing with speculation that bitcoin could reach an unprecedented US$200,000 by 2025. While bitcoin has yet to stabilise around the US$100,000 mark, its meteoric rise in 2024 has emboldened investors and analysts to project a bullish future for the world’s leading digital asset.

Bitwise Asset Management, a prominent voice in the crypto sphere, has described the upcoming year as the Golden Age of Crypto.

According to the firm, the regulatory landscape in the United States has significantly improved following the 2024 US elections. President-elect Donald Trump’s embrace of cryptocurrencies marks a pivotal moment.

“We believe we are entering the Golden Age of Crypto,” Bitwise analysts, led by chief investment officer Matt Hougan and head of research Ryan Rasmussen, state in the group’s report.

Bitwise expects Crypto’s magnificent three – Bitcoin, Ethereum and Solanato – to hit new all-time highs in 2025, with bitcoin leading the rise to trade above US$200,000.

In addition to Bitwise, other analysts projecting bitcoin to reach US$200,000 include Geoff Kendrick, head of crypto research at Standard Chartered, and analysts at Bernstein, led by Gautam Chhugani.

Kendrick forecasts that bitcoin could hit this milestone by the end of 2025, driven by institutional investments in bitcoin exchange-traded funds (ETFS).

In a recent note, he stated that Standard Chartered’s target of US$200,000 by 2025 is “achievable”, adding: “We would become even more bullish if bitcoin experienced accelerated adoption by US retirement funds, global sovereign wealth funds, or the establishment of a potential US strategic reserve fund.

“We anticipate institutional flows to continue at or exceed the pace set in 2024. Microstrategy, for instance, is ahead of its Us$42bil threeyear plan, suggesting its purchases in 2025 will likely match or surpass those of 2024.”

Meanwhile, Bernstein’s analysts attribute their bitcoin price target of US$200,000 by end-2025 to unprecedented demand stemming from spot bitcoin ETFS managed by leading asset managers, according to media reports.

Trump effect

Essentially, crypto has emerged as a clear winner in the 2024 US elections, giving it a brighter regulatory outlook in the United States, Bitwise notes.

For one thing, Trump has announced plans to create a strategic bitcoin reserve and nominated Scott Bessent as Treasury Secretary. Bessent’s earlier comment that “crypto is about freedom and the crypto economy is here to stay” reflects the administration’s pro-crypto stance. The reshuffling of the Securities and Exchange Commission (SEC), which has historically taken a sceptical view of digital assets, adds another layer of optimism.

Similarly, Bernstein analysts attribute bitcoin’s rise to Trump’s support for cryptocurrencies. They point out that his plan to position the United States as a global leader in the crypto space and his choice of Paul Atkins, a known crypto advocate, to lead the SEC have bolstered market confidence.

Record highs

Bitcoin has since cooled to below US$95,000 at the time of writing, after reaching an alltime high of US$103,992 earlier this month.

This marks a 141.72% increase year-to-date as of Dec 6, 2024. According to Bitwise, the surge was largely driven by the US launch of spot bitcoin ETFS, which set records with Us$33.6bil in inflows within their first year.

Other crypto assets, including Ethereum and Solana, also posted substantial year-to-date gains of 75.77% and 127.71%, respectively. This performance highlights how cryptocurrencies, led by bitcoin, ethereum and solana, have outpaced all major asset classes in 2024.

Crypto equities mirrored this bullish trend. Companies like Microstrategy and Coinbase saw their shares skyrocket by 525.39% and 97.57%, respectively. In comparison, traditional assets such as the S&P 500 and gold returned 28.07% and 27.65% over the same period, highlighting crypto’s dominance.

Catalysts for next milestone

The factors driving bitcoin’s trajectory towards US$200,000 are multifaceted, Bitwise highlights. The launch of bitcoin

ETFS in 2024 shattered expectations, and Bitwise believes 2025 will see even greater inflows.

“When US spot bitcoin ETFS launched in January 2024, ETF experts forecast the group to see Us$5bil to Us$15bil of inflows in their first year. They passed the higher end of that range within the first six months.

“Since launching, the record-setting ETFS have gathered Us$33.6bil in inflows. We expect 2025’s inflows to top that,” Bitwise says.

Drawing a parallel with gold ETFS launched in 2004, Bitwise notes that ETF inflows typically accelerate in subsequent years.

“The best historical analogy we have for the bitcoin ETF launch is the launch of gold ETFS in 2004. Flows petering out would be unusual,” it explains.

At present, major financial institutions such as Morgan Stanley, Merrill Lynch, and Bank of America have yet to fully embrace bitcoin ETFS.

Bitwise anticipates this to change in 2025, unlocking a wave of institutional investments. “The trillions of dollars these firms manage will start flowing into bitcoin ETFS,” Bitwise predicts.

Risk tolerance

While bitcoin remains the focal point, other cryptocurrencies like Ethereum and Solana are also poised for substantial gains in 2025. Bitwise’s price targets for Ethereum and Solana are US$7,000 and US$750, respectively.

Ethereum, despite its impressive 2024 performance, has faced competition from fastergrowing programmable blockchains.

However, Bitwise anticipates a “narrative shift” as activity on

Layer 2 blockchains and spot Ethereum ETFS gain traction.

Solana’s resurgence, driven by memecoin mania in 2024, is also expected to continue as serious projects migrate to its network, it says.

Meanwhile, JP Morgan points out that the role of crypto in portfolio construction is mostly a function of risk tolerance.

“Cryptocurrencies are inherently unpredictable: there is little visibility into future price movements and blockchain technology, while exciting, also has few barriers to entry, meaning tokens can become obsolete (and therefore worthless) as new ones enter the market with improved functionality,” the US asset management company cautions.

“As a result, for most investors, any allocation to crypto in a portfolio should be kept both small enough to ensure that even in the event of a significant sell-off it does not derail overall portfolio objectives and well diversified,” it adds.

While the outlook for bitcoin and the broader crypto market is overwhelmingly positive, risks remain.

Regulatory clarity, though improving, is still a work in progress.

The global economic environment, including interest-rate policies and geopolitical tensions, could also impact investor sentiment.

However, the convergence of favourable regulatory developments, institutional adoption and technological advancements positions bitcoin as a strong contender to achieve new heights, potentially reshaping the global financial landscape.

By CECILIA kok cecilia_kok@thestar.com.my

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When a tenant refuses to leave

Purchasing a sub-sale property occasionally comes with a tenant included as part of the deal, according to the agent anyway. But what happens when all the documents are done and dusted, and then the tenant changes his/ her mind and refuses to leave?

Evictions happen more often than one might think, and the ensuing processes are some of the most headache-inducing, therapy-requiring tasks in the history of mankind.

how do cases like this even occur? sometimes, loopholes are present in documents like tenancy agreements.

As the legal contract between a landlord and a tenant, the papers outline every duty and obligation of each party while the tenancy is valid. It is extremely important to draft a well-written tenancy agreement. It might sound like the most obvious thing in the world, yet issues like these still prevail even today.

Understanding tenant’s rights

Before taking any measures, property owners need to grasp the rights afforded to tenants. Legal frameworks in most jurisdictions provide protections against unlawful eviction, which means that landlords must adhere to established protocols before evicting someone.

Ignoring these regulations can lead to legal repercussions, including financial penalties and potential lawsuits. Familiarising youself with the local tenantlandlord laws can help property owners avoid headache-inducing pitfalls.

The next course of action

■ Legal fees in eviction cases can reach up to RM30,000

■ Six months typical for case settlement

■ Keep detailed records of all interactions, payments and formal notices

should involve a thorough review of the tenancy agreement linked to the property.

As described by law firm Kevin Wu and Associates in their article titled “Tenancy Law in Malaysia: Evicting Tenants”, a tenancy agreement is a binding contract between a tenant and a landlord which outlines the rights and responsibilities of each party during the tenancy period. The tenancy period is usually created for a term which does not exceed three years, otherwise, it will be considered as a lease.

If the tenancy period has expired, they can issue a Notice to Quit, which formally requests the tenant to leave by a specific date, typically allowing a reasonable timeframe based on local regulations.

however, if the tenancy agreement is still active, the landlord will have to wait until its expiration or may need to explore other options, such as negotiating an early termination.

A Notice to Quit must be drafted per the specifics of the tenancy agreement and any local regulations, so consulting a real estate attorney is advisable.

This step ensures the notice is legally sound and appropriately delivered, protecting the landlord from potential disputes.

In the event the tenant does not move out of the rented property after the notice period ends or after the tenancy is terminated, and without the landlord’s consent, the tenant is liable to pay to the landlord double the rental payable under the tenancy pursuant to section 28(4) (a) of the civil Law Act 1956.

Attempting peaceful resolution

Often, proactive communication can help pave the way for a more positive and friendly resolution. Initiating a conversation with the tenant to discuss their situation and the possibility of vacating might be all it takes.

Offering flexible timelines or even financial incentives, such as a relocation bonus, or help with moving costs, can make the transition smoother for everyone involved. Establishing a cooperative dialogue mitigates stress and fosters goodwill, allowing both parties to reach an agreeable outcome.

If attempts at negotiation do not get the desired results and the tenant remains stubbornly uncooperative, seeking legal advice becomes paramount.

An experienced attorney specialising in landlord-tenant law can guide the property owner through the intricacies of the eviction process, from drafting necessary legal documentation to representing them in court if the situation takes a turn for the worse.

should legal proceedings become inevitable, initiating a lawsuit may involve filing a claim in a local court and subsequently obtaining a court order for eviction.

It is important to keep in mind that these processes can be time-consuming, sometimes stretching over several months and may lead to increased frustration and anxiety for property owners feeling trapped in their predicament.

The financial and emotional toll

The financial ramifications of an eviction can be substantial, adding to the overall stress of the situation. Legal fees can accumulate quickly, especially if the case drags on or requires multiple court appearances.

several studies have found that the fees can reach up to rm30,000 and the eviction process could drag on for half a year.

Additionally, there’s always the potential risk of property damage. In some unfortunate scenarios, tenants may do intentional harm to the property during their exit, resulting in costly repairs and delays in re-renting or selling the unit.

The emotional toll can also be significant. The anxiety, frustration and uncertainty in dealing with a non-compliant tenant can weigh heavily on property owners, making it difficult for them to focus on other aspects of their lives.

understanding that it’s normal for property owners to feel overwhelmed in these situations can be helpful, so seek out support from friends, family or even groups of fellow landlords who can provide the necessary guidance and reassurance needed.

Be proactive

To reduce the risk of facing similar challenges in the future, property owners should consider using several proactive strategies. First and foremost, thorough tenant screening is crucial.

conducting comprehensive background checks that include evaluating rental histories, credit scores and personal references can be beneficial.

A well-informed decision at the outset can minimise the likelihood of disputes later on.

Additionally, it is vital to draft a clear and comprehensive tenancy agreement that explicitly outlines all terms and conditions related to the lease.

This should cover aspects such as payment schedules, maintenance responsibilities, acceptable behaviour standards and clear procedures for termination.

A well-defined agreement can help forestall misunderstandings and promote clarity among both parties.

Maintaining open lines of communication with tenants is also essential. regular check-ins can help address any concerns they may have before they escalate into larger issues.

Moreover, keeping detailed records of all interactions, payments and formal notices can further protect property owners in any future disputes.

By SAMANTHA Wong samantha.wong@thestar.com.my

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