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Month: February 2021

Why Collapse Occurs; Why It May Not Be Far Away

Collapse is a frightening subject. The question of why collapse occurs is something I have pieced together over many years of study from a number of different sources, which I will attempt to explain in this post.

Collapse doesn’t happen instantaneously; it happens many years after an economy first begins outgrowing its resource base. In fact, the resource base likely declines at the same time from multiple causes, such as soil erosion, deforestation and oil depletion. Before collapse occurs, there seem to be warning signs, including:

Too much wage disparityRiots and protests by people unhappy with low wagesPrices of commodities that are too low for producers that need to recover their costs of production and governments that require tax revenue to fund programs for their citizensAn overstretched financial system; conditions ripe for debt defaultsSusceptibility to epidemicsMany people have the misimpression that our most important problem will be “running out” of oil.… Read more...

Artificial Intelligence In The Corporate Boardroom – Forbes

Alphabet, the parent company of Google
GOOG
, is the leading tech company that decided to invest a lot of resources and funding in artificial intelligence. So much so, that the WSJ recently announced that AI is central to Google’s future.

Not surprisingly, Google has been dealing with different challenges concerning its top AI executives and researchers. Activists shareholders are also showing interest in this. Recently, there is a rise in shareholder proposals calling on boards to ensure proper AI governance.

We live in a new technological era, one where board members have to be prepared for situations where artificial intelligence (AI) affects and maybe even disrupts their deliberations, with regards to both shareholders and stakeholder groups.

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“there is nothing outside of yourself that can ever enable you to get better, stronger, richer, quicker, or smarter. Everything is within. Everything exists. Seek nothing outside of yourself.”
― Miyamoto Musashi, The Book of Five Rings

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Where Energy Modeling Goes Wrong

There are a huge number of people doing energy modeling. In my opinion, nearly all of them are going astray in their modeling because they don’t understand how the economy really operates.

The modeling that comes closest to being correct is that which underlies the 1972 book, The Limits to Growth by Donella Meadows and others. This modeling was based on physical quantities of resources, with no financial system whatsoever. The base model, shown here, indicates that limits would be reached a few years later than we actually seem to be reaching them. The dotted black line in Figure 1 indicates where I saw the world economy to be in January 2019, based on the limits we already seemed to be reaching at that time.… Read more...