[hamdani yusuf (OP)]

How AI Could Empower Any Business | Andrew Ng | TED

Expensive to build and often needing highly skilled engineers to maintain, artificial intelligence systems generally only pay off for large tech companies with vast amounts of data. But what if your local pizza shop could use AI to predict which flavor would sell best each day of the week? Andrew Ng shares a vision for democratizing access to AI, empowering any business to make decisions that will increase their profit and productivity. Learn how we could build a richer society ? all with just a few self-provided data points.

Healthy economy will drive to demonetization of common/basic resources in the future.

[hamdani yusuf (OP)]

Swarms of AI Agents STUN the Entire Industry | 100 Million Jobs GONE? | Devin, Maisa, Groq & more

People need to start thinking what they should learn, i.e. use their time effectively and efficiently.

[hamdani yusuf (OP)]

Economic size determines how much resources can be allocated to achieve something beyond the basic daily necessities, like preparations for future threats. Space travelling capabilities are also necessary to defend the earthlings from asteroids or comets impact.

How Did The Wealthy Gain Power In The Past? - Yuval Noah Harari [2015] | Intelligence Squared

In this clip from our 2015 session ?The Myths We Need To Survive?, historian Yuval Noah Harari engages in a thought-provoking discussion with Intelligence Squared. He delves into the origins of civilisations and the ascent of the wealthy to power, exploring the mechanisms that enabled them to maintain their influence through to contemporary times.

In his talks, he often emphasizes the importance of stories in shaping up societies. IMO, they are part of our virtual universe, a projection or model of the reality.
Those stories are considered memes, and their success rate (which means they are considered as accurate model of reality, thus will be kept alive by their believers) depend on some key factors.
They should be simple enough to be understood by their target audience.
They should be flexible enough to change when their predictions are contradicted by simple factual observations.
They should be useful enough that they give a net positive impact on cost and benefit analysis.

[hamdani yusuf (OP)]

Homo "sapiens" is perfectly content to sacrifice 85,000,000 of the finest of its species for no reason whatever (see WWII)

Afaik, WW2 is a reaction for what happened in the results and aftermath of WW1. It didn't emerge from vacuum.
That realization determined how the aftermath of WW2 ended up, with less harsh punishments for the war losers, even turning them into allies.

[Zer0]

Predictions are Actions!

Not necessarily. I've predicted increase of Tesla stock several times based on engineering reviews on YouTube, especially by Sandy Munro and Tony Seba. I took no action afterwards, and got no gain for my inaction.

Law of Supply vs Demand.
Economics 001.

Predicting increase in Value invites Higher demand.

As demand goes up, & supply is Limited n Not infinite, prices Rise.

Your Predictions were the Actions...
Hence,

Predictions are Actions!

You investing in or not in TSLA remains unaccounted for, out of the equation.

Predictions alone without buying or selling bids remain unaccounted for, out of the equation.

Predictions precede Bids.
Cause & Effect.

When Cause takes place, Effect is Inevitable.

A breaking news is what drives the Actions of buy/sell.

& there Always is a Breaking News.
Global Markets Never Sleep!

https://www.fool.com/terms/a/after-hours-trading/

*Disclaimer:

STOCK TRADING IS INHERENTLY RISKY AND THE USERS AGREE TO ASSUME COMPLETE AND FULL RESPONSIBILITY FOR THE OUTCOMES OF ALL TRADING DECISIONS THAT THEY MAKE, INCLUDING BUT NOT LIMITED TO LOSS OF CAPITAL.

[Zer0]

Could you kindly elaborate Please...
Any Evidence?

Gas, electricity, railways, the Post Office (both mail and telecoms), any "Public Private Initiative", the jet engine, North Sea oil and fish.....

I kinda Agree!
After all, it's about National Security.

Mining, Power, Oil etc are Indispensable!

Steel, arms & armaments have to remain under complete control of the State.

On second thoughts...
That solar farm investments in Morocco seem risky from a National Defence & Security perspective.

Not that Thee RAF is incapable of securing Moroccan airspace, it can very well, and when the time came, has Defended skies all over Europe.

But the possibility of an internal ground sabotage shall always exist.
& the Dark clouds of War never seem to Disappear from over Eurasia!

ps - & not alot of folks are aware of this.

https://www.britannica.com/biography/Frank-Whittle

[hamdani yusuf (OP)]

Predictions precede Bids.
Cause & Effect.

When Cause takes place, Effect is Inevitable.

Not necessarily. The effect can be prevented/avoided.
The market can be frozen, like in the case of GameStop.
We can make predictions but cannot buy because we don't have money.

[alancalverd]

Afaik, WW2 is a reaction for what happened in the results and aftermath of WW1.

And what was WW1 about? Certainly not the welfare of the combatants.

[alancalverd]

But humans are better at modifying their environment to be more livable for them.

Scott's forward party died. The spiders survived.

[hamdani yusuf (OP)]

Making space travels economical is an instrumental goal for building a multiplanetary civilization, which in turn is an instrumental goal to pass a well known great filter.

We can't expect this kind of achievement coming out of a country with small economic size. They can't afford to blow up several starships in the development phase.

Economic size determines how much resources can be allocated to achieve something beyond the basic daily necessities, like preparations for future threats. Space travelling capabilities are also necessary to defend the earthlings from asteroids or comets impact.

I asked Gemini, how to measure economic size of a country?

The most common way to measure the economic size of a country is by looking at its Gross Domestic Product (GDP).

Here's what GDP means:

It's the total monetary value of all final goods and services produced within a country's borders in a specific year.
This includes things like consumer goods, services (like haircuts or healthcare), and even government spending.
Think of it as a giant tally of everything a country makes and sells in a year. By comparing GDPs, we can get a general idea of which countries have larger economies.

[hamdani yusuf (OP)]

Gemini added some more.

Here are some things to keep in mind about GDP:

There are different ways to calculate GDP, but they all aim to capture the same overall picture.
GDP can be adjusted for inflation to give a more accurate idea of economic growth over time.
GDP doesn't tell the whole story. It doesn't take into account things like income inequality or the well-being of citizens.
For a more nuanced understanding of a country's economy, economists might also look at other factors alongside GDP, such as:

GDP per capita: This is GDP divided by the population, which gives a better idea of a country's average standard of living.
Sector breakdown of GDP: This shows how much of the economy comes from different industries, like agriculture, manufacturing, or services.
Unemployment rate: This indicates how many people are actively looking for work but can't find it.
So, while GDP is a key metric, it's just one piece of the puzzle when it comes to understanding the size and health of a country's economy.

IMO, GDP measures the inter-dependencies among economic agents. In a society where everyone can independently produce all of their needed resources, there will be no economic transaction. Their GDP will be zero, even though their well-being are quite high.

[alancalverd]

GDP per capita is what should determine a country's willingness to indulge in peacetime scientific speculation, so the Japanese space program looks sensible but not the Indian, Chinese or Russian programs.

Where GDP per capita is low but central government is more interested in vanity than welfare, the opposite applies. 

[Zer0]

Predictions precede Bids.
Cause & Effect.

When Cause takes place, Effect is Inevitable.

Not necessarily. The effect can be prevented/avoided.
The market can be frozen, like in the case of GameStop.
We can make predictions but cannot buy because we don't have money.

Okay...Fine!
(lol)

ps - : )

[hamdani yusuf (OP)]

GDP per capita is what should determine a country's willingness to indulge in peacetime scientific speculation, so the Japanese space program looks sensible but not the Indian, Chinese or Russian programs.

Where GDP per capita is low but central government is more interested in vanity than welfare, the opposite applies. 

What's the unit of GDP? Is it in local currencies? Should it be measured in a global currency?

[alancalverd]

Where big science is concerned, it doesn't make much difference. Even on a medium scale, I've worked on projects where we acquired components and materials from several countries and just priced the whole lot in US dollars.

[Zer0]

GDP per capita is what should determine a country's willingness to indulge in peacetime scientific speculation, so the Japanese space program looks sensible but not the Indian, Chinese or Russian programs.

Where GDP per capita is low but central government is more interested in vanity than welfare, the opposite applies.

The way & manner in which We as a Species have Evolved, hoping for PeaceTime is Wishful Thinking.

The Russians do it coz Space Weapons are a Must.

The Chinese do it cause No progress without Research & Development.

The Indians do it to just makee use of abundant human resources & Capitalize on it.

IMHO, it's quite less of a Vanity, Alot more of a Necessity!

$50,000 gdp per/cap, housing subsidies, free energy, tax cuts & rebates, pensions, free healthcare etc etc etc, Nothing guarantees Satisfaction.

ps - if only one could buy happiness by the kilo by the pound in the flea market, this world would be overflowing with smiles.

[hamdani yusuf (OP)]

Where big science is concerned, it doesn't make much difference. Even on a medium scale, I've worked on projects where we acquired components and materials from several countries and just priced the whole lot in US dollars.

Afaik, USD was chosen as a global currency because it was tied to gold reserve. Although it was then broken, it had a newer connection to oil. When it's also lose, other countries will understandably look for alternatives. Especially due to increase of money printing by the Fed during the pandemic.

[hamdani yusuf (OP)]

IMHO, it's quite less of a Vanity, Alot more of a Necessity!

At least they thought it was necessary.
And no less importantly, because they can. Or they thought they can.

[alancalverd]

Who "they"? Is there any evidence of a credible national referendum on space travel?

[hamdani yusuf (OP)]

Who "they"? Is there any evidence of a credible national referendum on space travel?

The Russians do it coz Space Weapons are a Must.

The Chinese do it cause No progress without Research & Development.

The Indians do it to just makee use of abundant human resources & Capitalize on it.

IMHO, it's quite less of a Vanity, Alot more of a Necessity!