Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Saturday, October 14, 2023

Cybernetic Theory: Information Physics, Quantum Cosmology, Simulation Metaphysics


 
"The Cosmos is within us. We are made of star-stuff. We are a way for the universe to know itself." -Carl Sagan

In

the intellectual landscape of scientific inquiry, explanatory theories serve as foundational frameworks that offer more than mere descriptive accounts; they elucidate the underlying principles and causal mechanisms that govern observed phenomena. Unlike purely mathematical models, which may adeptly characterize patterns or statistical correlations, explanatory theories confer ontological insights into the 'how' and 'why' of natural processes.


Friday, January 29, 2021

The hybrid economy: Why UBI is unavoidable as we edge towards a radically superintelligent civilization

 

“Basic income is not a utopia, it’s a practical business plan for the next step of the human journey.”  Jeremy Rifkin

 

nconditional Basic Income (also called ‘basic income guarantee’ or ‘social dividend’) is a system of social security in which all citizens or residents of a country regularly receive an unconditional sum of money from a government regardless of any other income. Pilot programs have been introduced in a number of European countries, that are aimed at replacing outdated bureaucratic welfare systems altogether. In the U.S., various tech leaders including Elon Musk, Bill Gates, Jack Dorsey, and Mark Zuckerberg are supporting the idea. In the coming Age of Superintelligence [and automation] everyone should be entitled to social dividend, “free” money such as UBI, just for being alive. We should not forget that the wealthiest of us would not be as fortunate without civilization. Otherwise, Jeff Bezos would have to forage for food in the Amazon jungle all by himself. Being a human today is more than enough of a fair contribution to receive free money from the government. Going forward we'll see more and more prominent voices vouching for UBI.

Sunday, November 15, 2020

The Economic Singularity: From Capitalism's Unplanned Obsolescence to the New Transcendent Economy





           

"The social inefficiency of capitalism is going to clash at some point with the technological innovations capitalism engenders, and it is out of that contradiction that a more efficient way of organizing production and distribution and culture will emerge."   Yanis Varufakis


The current economic system distributes wealth in a very focused manner that prevents a vast majority of humans from being adequately rewarded by the technologically advanced civilization. These factors undoubtedly condemn today’s system of suboptimal economics to the realm of classical models of history as a result of impending obsolescence. In brief, the current faltering economic model is suboptimal, hinders economic growth, and is not sustainable going forward.

Saturday, May 23, 2020

New Economic Realities: Datanomics of the 21st Century




Data is integral to any business operation. Companies constantly seek out new sources of competitive advantage based on developments in data and technology in order to make accurate predictions and intelligent decisions about where to invest their resources. Data analytics, traditionally known as market research and internal analysis, is being used to assess risks and identify growth opportunities and is becoming a valuable tool to many organizations. In today’s business environment, it’s impossible to operate without data, in fact, it now becomes a primary asset. The Economist has called it the new oil that will ensure future prosperity.


Exploring the Role of Emotional Intelligence in the Post-Singularity Era

  " The best way to predict the future is to invent it." — Alan Kay In the fascinating journey through the paradigms of mind's...

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