An interesting post (Blog) from Prof. Murphy which gets the ‘little grey cells’ to ponder the; what ifs…
“I want to find the answer to the question, what is our economy now all about?
What is now clear is that it is not about creating further technologies that will forever be beyond human capacity to use. Instead, it has to be about how we advance human capability. It is only by investing in people, meeting their needs, and providing them with the freedom from fear that they need to explore their own capacity to live well that we can now see a rate of return on the resources available in this world. The amazing and useful coincidence is that by doing so, we can also avert the major consequences of climate change.”
Link to his blog:
#ClimateCrisis #GenAISlop #AIBubble #Economy #NeoLiberalism #WhatComesNext #FinancialMarkets #Oligarchy #TechBros #Globalisation

When there’s nothing left for markets to invest in, what can we do?
One of my recurring themes on this blog lately has been the failure of neoliberalism to find any use for the money saved in our economies. I am not alone in noticing this theme. Martin Wolf in the Financial Times has, for example, written for several years about the problem of...




