Imagine if the whole world had the same number writing system. What would be the short-term productivity consequence for certain countries?

Just like that making global changes is very hard.

#GlobalStandardization
#EconomicImpact
#ProductivityShock
#SystemChange
#FinancialSystems
#AdaptationChallenge
#ComplexTransitions

Global financial systems must ‘come to grips’ with AI risks, BoC governor says
Bank of Canada Governor Tiff Macklem says while there's been a fair amount of discussion about Antrhopic's Mythos, no one knows yet the full implications of this latest AI advance.
#Canada #Economy #Tech #BankofCanada
https://globalnews.ca/news/11806350/global-financial-systems-ai-risks-boc-governor/
Iran's sanctions evasion strategy includes $1.8B in crypto mining revenue and yuan-based oil settlements via China's CIPS system. This represents a fundamental challenge to global financial architecture that extends beyond conventional geopolitics. Analysis: https://post.kapualabs.com/2p8jzyjr #Geopolitics #Cryptocurrency #Iran #FinancialSystems

Fiat currencies such as the US dollar and the euro are the most widely used units of account in modern economies. They serve as the reference standard for pricing goods, setting wages, reporting financial statements, and calculating GDP.

#Money #Macroeconomics #FinancialSystems

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Understanding the Document Module: Day 2 – The Foundation of a Financial Accounting System | Joche Ojeda

AI Agents in Cryptoland: Practical Attacks and No Silver Bullet https://youtu.be/ccixVDkHAAU?feature=shared via @YouTube #aiagents #elizaos #web3 #financialsystems #defi

https://www.youtube.com/watch?v=ccixVDkHAAU&utm_source=flipboard&utm_medium=activitypub

Posted into AIOLOGY @aiology-OluOyekanmi

AI Agents in Cryptoland: Practical Attacks and No Silver Bullet

YouTube