Below is an expanded explanation of a “Balancing Equation for a Basket Currency Project to Combat Negative Interest Rates,” including definitions, quantitative formulations, and an illustrative example.
I am writing this quick synopsis of these very important theories for some research I am conducting on the future of the economy—specifically, the emerging concept of the machine economy. My goal is to explore how the principles of Aggregation Theory and "Software Eats the World" have shaped our understanding of the current economic landscape. This is not intended to be a comprehensive overview of the work, but rather a marker to signify where we are today and the key principles that have brought us here.
My Weekly Timeline Feed (My WTF), where I dive into the stories and events that grabbed my attention. Think of it like a quirky twist on "you are what you eat" – but instead, it's "you are what you read," and those juicy tidbits of the present shape our future.
In each edition, I'll focus on how the future is unfolding and what today’s events mean for tomorrow. Sure, my day job is all about allocating resources to seize opportunities, but my true passion lies in deciphering current events to find solutions for future challenges. So buckle up and join me on this journey – who knows what WTF moments we’ll uncover together!
"Human-centered design. Meeting people where they are and really taking their needs and feedback into account. When you let people participate in the design process, you find that they often have ingenious ideas about what would really help them. And it’s not a onetime thing; it’s an iterative process.”
- Melinda Gates, 2013
“Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great.”
- Mark Twain
“Nanodegrees were not created to compete with universities, but rather to democratise access to higher learning through a model oriented towards results, realistic about employment market requirements, and in touch with the complex situation in which many students find themselves”
- Sebastian Thrun, Stanford University professor, former head of Google Glass and the Waymo self-driving car, founded the Udacity online courses platform
An open-minded and diverse population that readily shares information, encourages experimentation, accepts failure and dispenses with formality and hierarchy is what makes Silicon Valley the successful hub that it is.
-- Vivek Wadhwa, American technology entrepreneur and academic.