January 14, 2024

A Brief Recap, a digital journal entry.

Wabi-Sabi, it's a term I wrote about on my investment website. It's essentially embracing the beauty of life's imperfections. Life gives us a million unique moments every day all for ourselves that no one will get to experience like we did. If a tree falls in a forest and no one is around... 2023 brought many enlightenments and challenges, especially in building a business... again. Electric has been a blessing and a scary curse in a way. Or maybe that's just my way of mental torture I've somehow become dependent on. There is a lot to talk about and I don't know if this post will get me there, but what I can keep promising is that one day, and with more intent and frequency I will land the needle and we will blast off. I'm becoming more and more confident in my ability to weave. So I plan on weaving what details and elements I can, into an online presence, for now it IS scattered and things like launching my own merchandise and clothing have been put on a backburner, well because it's boring. I realize now though, that one channel, one avatar, one product are the foundation and filling in every single element to that foundation is the way to go. So, in order to get back to that foundation and away from this whimsical world of business I've been living in dreamland around, it's time to necromance my (this) blog from the ashes, again. Lol. oi vey, it's just practice here. A stream of consciousness blog is what may occasionally happen. If it were true to its principle, I wouldn't even change the spelling errors, but "alas" I am a perfectionist, mostly. Details matter, but you must lead and control the art like Sun Tzu, in The Art of War, says (or maybe not, who am I kidding) you must sacrifice the details for essence of speed. And being a good commander an general you must dial that to the situation. Oh yeah, update, been steady on Stand Tall over on my YouTube... the content is flowing there. It's probably good practice to continue that for a while. I'm wanting to do a Principles and Art of War/Daily Stoic combo, but I don't know which one. Three is too many. Perhaps How to Win Friends and Influence People next. Here are some things I'd like to gain insight on and build consistency around: 

-streaming video games: I play video games and love them for their art, their story's, their everything. Video games have been an integral part of, well, me. So I'd like to share that with the world if the world would watch. So, set up stream labs so that it is easy to stream. I already play games, add the extra step of SLOBS. How complicated does it need to get? Hopefully it can be basic. YouTube is like for Stand Tall though, But maybe it can be an aggregate. I know my videos auto upload to Rumble, so any that YouTube (one at this writing) that YouTube deems not good for their content, rumble has. There's that.

 -Patreon: Managing myself has been the toughest thing, especially digitally. I have a lot of great investment strategies that Ive used to create myself and my clients a lot of wealth. I just cant openly share it through SEC/FINRA regs, and plus, it's gifted knowledge. I need to aggregate my strategies there, Stand Tall style (meaning no cuts (unless necessary due to interruptions), scripts, or fancy effects) and talk about them. I can release the datasets here for free though. Like for instance, twice Ive used a strategy involving Netflix to make about 8% gain on a 4-month investment term. During certain times of economic turmoil and crisis I have netted clients and self over 177% up to 800% returns in some cases. The issue is it's all done almost autonomously by me in my clients' accounts, I can't explain the "Art" of investing. Other things are transferring my thoughts & writings into digital form to the world. so here, this is me continuing to attempt that. Let's begin...

August 19, 2023

Unleashing the Power of Water: Investing in America's Hydroelectric Future

In a world navigating the complexities of climate change, economic uncertainties, and political divides, one solution stands as a beacon of opportunity: hydroelectric power. Far beyond mere energy production, hydroelectricity offers a pathway to sustainable economic growth, technological innovation, and a cleaner future for all.

China's remarkable success with the Three Gorges Dam illustrates the untapped potential of harnessing water to fuel progress. As the largest hydroelectric power station globally, the dam has become a symbol of economic empowerment, environmental stewardship, and strategic investment. It's not merely a case study for engineers and environmentalists; it's an inspiring story for investors and the American public seeking to recession-proof their financial strategies.

Here's a quick breakdown of the diversity of energy sources currently:

Fossil Fuels

  1. Natural Gas: Around 40% of total electricity generation. Natural gas has become a prominent energy source due to advancements in extraction methods and its lower emission profile compared to coal.
  2. Coal: Approximately 19-20% of total electricity generation. The contribution of coal has been declining due to environmental concerns and competition from natural gas and renewables.
  3. Petroleum: Less than 1% of total electricity generation. Petroleum is mainly used for transportation and heating rather than electricity generation.

Renewable Energy Sources

  1. Wind Power: Roughly 8-9% of total electricity generation. Wind energy has been growing rapidly due to technological improvements and supportive policies.
  2. Solar Power: Around 2-3% of total electricity generation. Solar energy is also growing but still represents a smaller portion of the total mix.
  3. Hydroelectric Power: As previously mentioned, around 6-7% of total electricity generation.
  4. Biomass: Approximately 1-2% of total electricity generation. Biomass energy comes from organic materials like wood and agricultural waste.
  5. Geothermal: Less than 1% of total electricity generation. Geothermal energy harnesses heat from the Earth's core.

Nuclear Energy

  1. Nuclear Power: About 19-20% of total electricity generation. Nuclear energy provides a significant portion of the U.S. electricity and is considered a non-greenhouse gas-emitting source.

 

 

But how does this tale from across the ocean resonate with us here in the United States? How can we leverage the lessons from the Three Gorges Dam to shape our own energy future and investment landscape? This blog post aims to answer these questions and more, offering insights into the promising world of hydroelectric investments, the companies powering this green revolution, and the opportunities awaiting savvy investors.

The Economic Success of the Three Gorges Dam

The Three Gorges Dam, stretching across China's Yangtze River, is a marvel of modern engineering and a testament to the transformative power of human ingenuity. Its construction provided employment to hundreds of thousands, spurred regional development, and laid the groundwork for technological advances that resonate globally.

But the dam's true triumph lies in its seamless integration of economic prosperity with sustainability. By generating over 100 billion kilowatt-hours annually, the dam offsets approximately 1 million tonnes of carbon emissions — a resounding victory for both the economy and the environment.

Its success as an investment model is equally compelling. From B2B opportunities in infrastructure components to broader ripple effects in various industrial sectors, the Three Gorges Dam serves as a blueprint for how hydroelectric power can create resilient investment portfolios.

 

The Economic Case for Hydroelectric Power in the USA

Job Creation & Infrastructure Investment

The blueprint for hydroelectric success isn't confined to China. America's own history with hydroelectric power, from the iconic Hoover Dam to the Tennessee Valley Authority (TVA), shows a legacy of innovation, development, and economic stimulation. Today, the opportunity to rekindle this legacy is ripe for exploration.

 

An expansion in hydroelectric infrastructure promises a resurgence in job creation, extending opportunities from construction and engineering to maintenance, operation, and management. B2B companies that provide essential components and services stand to flourish, creating a thriving ecosystem around this renewable energy source.

Regional Development & Energy Diversification

Strategically planned hydroelectric projects can breathe life into local economies, especially in regions brimming with untapped hydro potential. It's not just about erecting dams but building communities and fostering technological advancement.

Moreover, hydroelectric power contributes to America's energy diversification, reducing reliance on fossil fuels and stabilizing energy costs. This positions hydroelectricity as a recession-proof investment avenue, aligning with the rising Chinese middle class and the global shift toward renewable energy.

Aligning with Sustainability Goals

Emission Reduction & Renewable Resource

The demand for environmentally conscious products, from electric vehicles (EVs) to smart home solutions, is on the rise. Legislation is following suit, with increasing mandates for renewable energy. As an electrician, I've witnessed firsthand the growing appetite for clean and sustainable power solutions.

Water, unlike fossil fuels, offers an endless source of energy. By investing in hydroelectric projects, we're not merely tapping into a renewable resource but actively contributing to the reduction of greenhouse gas emissions. The alignment with global sustainability goals is unmistakable, and the investment potential is profound.

Responsible Development & Balancing Growth with Environment

In our pursuit of economic growth, environmental stewardship must never take a back seat. Responsible planning, community engagement, and adherence to sustainability principles are vital. Lessons from both successes and setbacks in U.S. hydroelectric history guide us toward a path that harmonizes economic aspirations with ecological prudence.

Challenges and Responsible Approaches

While the economic and sustainable allure of hydroelectric power is compelling, it's crucial to recognize potential challenges. Environmental impacts, community concerns, and regulatory hurdles must be addressed with transparency and diligence.

Balancing economic imperatives with social responsibilities is key. Through multi-partisan efforts and unwavering commitment to responsible development, we can overcome these challenges, transforming hydroelectric power from a theoretical solution into a tangible driver for change.

 

Gleaning Insights from China's Three Gorges Dam

Strategic Planning & Long-Term Vision

China's success with the Three Gorges Dam is no accident. It's the result of strategic planning, long-term vision, and a commitment to innovation. From site selection to technological advancements, every step was meticulously orchestrated.

The U.S. can replicate this success by prioritizing hydroelectric projects in its infrastructure roadmap. With a future-oriented perspective, attention to regional needs, and collaboration with industry experts, America can design a sustainable and economically promising hydroelectric future.

Economic Stimulation & Investment Attraction

The Three Gorges Dam is more than a marvel of engineering; it's an economic powerhouse. It attracted both domestic and international investments, spawning a vibrant ecosystem of B2B opportunities and fueling regional development.

 

Investors looking to tap into this potential in the U.S. can explore companies that contribute to hydroelectric infrastructure. From construction and maintenance to technology and services, these B2B firms offer recession-proof investment avenues, mirroring China's success.

 

Environmental Stewardship & Renewable Commitment

China's commitment to renewable energy is evident in the Three Gorges Dam's emission offset of approximately 1 million tonnes of carbon emissions. This aligns with the global imperative for clean energy and positions hydroelectric power as a key component of a sustainable future.

 

In the U.S., this translates to a clear opportunity for investors and policymakers to champion hydroelectric projects. By placing environmental stewardship at the forefront, America can lead the renewable energy charge, fostering economic growth while safeguarding the planet.

 

Balancing Challenges with Multi-Partisan Collaboration

China's journey with the Three Gorges Dam wasn't without challenges. Environmental, social, and regulatory hurdles were met with responsiveness and collaboration. Multi-partisan efforts ensured that the dam's development balanced economic benefits with social and ecological responsibilities.

 

The U.S. can learn from this balanced approach, forging multi-partisan collaborations and transparent engagements. By treating hydroelectric development as a unifying goal, America can turn potential challenges into stepping stones toward progress.

 

Conclusion: America's Hydroelectric Opportunity – A Path Forward

In the face of a declining economy and the urgent call for sustainability, hydroelectric power stands out as a beacon of opportunity for the United States. It's not just a solution to energy needs; it's a strategy for economic rejuvenation, investment resilience, and a sustainable legacy.

 

Drawing from China's success with the Three Gorges Dam, America has the blueprint, the expertise, and the imperative to forge a hydroelectric future. The time to act is now.

 

Are you ready to explore the investment opportunities within America's hydroelectric landscape? Looking to recession-proof your portfolio with innovative strategies aligned with global sustainability? Book an appointment to discuss this investment pathway and let's build a future where economic success and environmental stewardship go hand in hand.

August 10, 2023

Rising Interest Rates: Understanding the Truth Behind the Headlines

 The financial news landscape is filled with headlines and stories that aim to capture attention and guide opinions. With a constant flurry of information, it's easy to become lost in sensationalized narratives, especially when it comes to complex topics like rising interest rates. One common misconception perpetuated by some media outlets is that rising interest rates are inherently bad. But is that really the case? Let's dive into the facts.

The Economics of Rising Interest Rates

Interest rates play a pivotal role in managing economic growth and inflation. When an economy is growing strongly, central banks may raise interest rates to prevent overheating. Contrary to popular belief, this is not always a negative sign:

- Sign of Economic Strength: Rising interest rates often signal a thriving economy where inflation becomes a concern. It's a measure to cool down excessive growth and keep the economy on a sustainable path.

- Impact on Investors and Consumers: While higher interest rates make borrowing more expensive, they also benefit savers and can attract global investment. The effects on individual consumers and businesses will vary, depending on various factors.

- Balancing Act: Central banks must carefully calibrate interest rates to avoid stifling growth or fueling runaway inflation. It's a delicate balance that requires thoughtful analysis and understanding.

The Media's Role in Shaping Perceptions

So why do some media outlets portray rising interest rates as a looming disaster? The answer lies in the nature of today's media landscape:

- Scare Tactics for Views: Sensational headlines and alarmist tones attract clicks and viewers. This incentive can lead some media outlets to emphasize the potential negative impacts of rising interest rates, while downplaying or ignoring the positive aspects.

-Financial Literacy Gap: Complex economic concepts are often simplified or misrepresented to appeal to a broader audience. This can lead to misunderstandings and misguided fears.

Conclusion:

Rising interest rates are neither inherently good nor bad. They are tools used by central banks to guide economies along a balanced and sustainable path. While there may be challenges and adjustments associated with changing interest rates, it's essential to recognize the broader context and resist being swayed by sensationalized headlines.

Stay informed by seeking out diverse and reputable sources, engaging with financial experts, and always thinking critically about the information presented. Rising interest rates may make for eye-catching headlines, but understanding the nuances behind them will lead to more informed decisions and a more balanced perspective. Don't let fear-driven narratives guide your understanding of this complex economic phenomenon. The truth is often more nuanced and less alarming than the headlines suggest.

August 5, 2023

Embracing the Wabi-Sabi of Finance

 In today's data-driven world, there's an obsession with precision. From the kitchen of a 5-star restaurant to the algorithms of a robo-adviser, perfection is often touted as the end-all and be-all. But what if we told you that in the realm of portfolio building, like a chef's signature dish, perfection can sometimes be... well, dull?

The Bland Taste of Perfection: Imagine walking into a renowned restaurant, excited to taste the magic of its acclaimed chef. You take a bite and think, "It's perfect." But is your heart racing? Is your soul singing? More often than not, perfection is predictable. It's describable. And in many domains, it's easily replicable. A perfect dish can be recreated by any trained chef, but a memorable dish? That's the work of a maestro.

Portfolio Building: Beyond the Recipe: Much like in the culinary world, the realm of finance has its set recipes. Robo-advisors, with their algorithms and pre-set models, will serve you the 'perfect' portfolio on a silver platter. But does it resonate with you? Does it capture the essence of your dreams, goals, and risk appetite?

Perfection, as it turns out, removes the human element. It's this very aspect that breathes life, passion, and uniqueness into anything – be it a dish or a portfolio.

Why A Perfect Portfolio Isn't Always the Best Recipe: Drawing from the Japanese aesthetic of Wabi-Sabi, which finds beauty in imperfection and transience, we believe in crafting portfolios that mirror the ebbs and flows of life. Instead of a 'one-size-fits-all' model, we lean into the intricacies, the nuances, and the individual stories of each client.

 

 

At Caelian Capital, we're not just portfolio managers; we're craftsmen of finance. We believe in the beauty of imperfections, the stories they tell, and the uniqueness they bring. We don't just follow the market; we listen to you. Your goals, your dreams, your worries, and your milestones shape your portfolio.

While robo-advisors are busy drawing within the lines, we're sketching outside the box, creating a financial masterpiece that's as unique as you are.

In a world racing towards algorithmic perfection, we invite you to celebrate the human touch, the art of imperfection, and the beauty of a truly personalized portfolio. Because, just as the best meals are crafted from the heart, at Caelian Capital, we believe your portfolio should be too.

August 3, 2023

What's the difference between TWR & MWR?

 MWR and TWR are two different methods of calculating the portfolio's performance over a specific period. They stand for Money-Weighted Return (MWR) and Time-Weighted Return (TWR).

1. Money-Weighted Return (MWR):
MWR takes into account the timing and amount of cash flows in and out of the portfolio. It focuses on the overall return experienced by the investor, considering the impact of their individual contributions or withdrawals. MWR is also known as the internal rate of return (IRR) or the dollar-weighted return. It provides a measure of how the investor's specific investment decisions and timing affected the portfolio's performance.

Example of MWR: If an investor adds a substantial amount of money into the portfolio just before a significant market upturn, the MWR will likely be higher due to the positive impact of the well-timed investment.

2. Time-Weighted Return (TWR):
TWR, on the other hand, measures the compound rate of return of the portfolio, independently of the timing and size of cash flows. TWR is based solely on the investment's performance over specific periods, without consideration for any individual contributions or withdrawals made by the investor. This method is often considered more appropriate when evaluating the performance of a portfolio manager since it eliminates the influence of investor behavior.

Example of TWR: If an investor makes a large deposit during a period of market decline, TWR would calculate the portfolio's performance based on market returns, excluding the impact of the investor's cash inflow.

In summary, MWR takes into account the investor's cash flows and is influenced by the timing and size of those cash flows, while TWR solely focuses on the investment's performance and removes the impact of cash flows. The choice between MWR and TWR depends on the purpose of the performance evaluation and the perspective of the analysis (investor-level or portfolio manager-level).

August 1, 2023

The Intersection of Service-Based Universal Basic Income, Expiry-Driven Economics, and Localized Capitalism

 This dissertation is incomplete, as of 08/01/2023 - I am encouraging and welcoming feedback, please send to InvictusElectricTN@gmail.com

 

I would like to talk about the future of finance and its relation to the concept of universal basic income. 

I would like to discuss my personal vision of universal, basic income as opposed to what is currently out there, meaning what are other people's ideas of universal basic income. 

Let’s start talking about that and a framework for it as far as the future is concerned. 

In a financial aspect, what I want to begin incorporating is a discussion around how people can perform service work for society, for example, crossing guard, cleaning up the local park, picking up litter on the side of the road, or other types of service work that can be traded for a cryptocurrency or central government currency, that perhaps does have an expiration date on it, but these are all complexities that I want to begin discussing.

 

The idea of Universal Basic Income (UBI) has been gaining traction in many circles. Traditionally, UBI involves giving people an unconditional sum of money regularly, irrespective of their employment status, to ensure a basic level of livelihood.

 

This vision is a bit of a hybrid between traditional UBI and a work-based incentive program. Please feel free to argue, dissect, strong-man, prove wrong or right. and otherwise fortify or rip to shreads various aspects of the following written work.

 

Let's break it down:

  1. Service Work for Society: Incorporating the idea of service work is an interesting twist. It can be thought of as a "community service as currency" model. This can foster community building, engage people in productive tasks, and potentially reduce the stigma associated with "free money."
  2. Cryptocurrency or Central Government Currency: Using cryptocurrency can help with transparency and reduce bureaucratic overhead. This decentralizes the distribution method and potentially allows for a more scalable system. On the other hand, using a central government currency might be more straightforward for most citizens, especially those unfamiliar with digital currencies. Perhaps a hybrid system would need to be implemented.
  3. Expiration Date on the Currency: Having an expiration date on the currency is an intriguing concept. It can incentivize people to spend and reinvest into the economy rather than hoarding. However, it might be viewed negatively as it could be perceived as a way to force spending habits or control the way the aid is used.

Challenges and Considerations:

  • Verification of Service: Ensuring that people genuinely participate in these community tasks without exploiting the system is a significant concern.
  • Value Assignment: How much work equates to a certain amount of currency? Would all tasks have the same value, or would some be deemed more valuable than others?
  • Inclusivity: Making sure all members of society, including the elderly, disabled, or those otherwise unable to participate in physical labor, can still benefit.
  • Economic Impact: Would this kind of system increase inflation? Would it disrupt traditional job markets?
  • Technological Barriers: Implementing a cryptocurrency-based system requires a certain level of digital literacy and infrastructure.

 

Overall, the fusion of UBI with a service-oriented incentive has the potential to create a more engaged, community-driven society while ensuring that people have a basic level of financial security. It's an ambitious vision with its own set of challenges, but it's certainly worth exploring in depth.

 

Let’s consider government assistance programs like food stamps, EBT, and SNAP benefits. If there is a fusion between the benefits paid from the service work, complementing, the WIC, EBT, and other food stamps and government assistance programs? I think that one of the core philosophies, and belief systems in this form of universal basic income is that the expiration date on the service work earned, needs to be emphasized as a way to continue to grow the economy, support local people and businesses, and more

 

Merging a service-based UBI system with existing government assistance programs can provide a more holistic support system for individuals in need, and if executed properly, it can potentially be a boon for local economies. Let’s discuss how such a fusion might work and the implications:

  1. Integration with Existing Programs:
  • Interchangeable Credits: People could earn credits through service work, which could then be converted into benefits similar to WIC, EBT, SNAP, etc. This gives flexibility to recipients to decide how to use their credits.
  • Top-Up Mechanism: Those who are eligible for government assistance programs could also do service work to "top-up" their existing benefits. (people who are busy are less likely to OD on fentanyl or other drugs that are ruinous to society)
  • Special Incentives: To encourage more participation in service work, the government could offer special bonuses or rewards for those who consistently contribute to community tasks.

 

  1. The Expiration Date Philosophy:
  • Supporting Local Economy: By having an expiration date on the credits, you encourage recipients to spend them regularly. This would create consistent demand for local products and services. People who need food and other services can have it and people who don't necessarily have the need, can choose to spend it on things like art, music, and re-investing it in their local communities in other ways, or simply gift it: to charities, to people, etc.
  • Encouraging Circulation: Money or credits that are spent rather than hoarded will circulate more rapidly in the economy, potentially boosting economic growth.
  • Addressing Potential Hoarding: Some critics of UBI worry that recipients might hoard or misuse their benefits. An expiration date can serve as a disincentive to such behavior.
  1. the intersection of rapid technological advancement and a push towards localized economies offers a unique landscape to reimagine welfare and economic systems. Introducing an expiration date philosophy to local consumption, especially in the context of advanced capitalism and AI, can have several implications:
  2. Boosting Local Art and Craft:
  • Promoting Local Artists: The inevitable march of AI and automation might lead to the redundancy of many conventional jobs. In such a scenario, creativity and art could be among the last bastions of purely human endeavors. An expiration system that encourages local consumption can be a way to support and promote artists, craftsmen, and performers in local communities.
  • Cultural Preservation: Such a system could help in the preservation and continuation of local cultural heritages, traditions, and art forms, which might otherwise get overshadowed in a globalized market.
  1. Strengthening Local Charities and Initiatives:
  • Stable Funding: Local charities and NGOs can benefit from a consistent influx of funds or support, especially if people are incentivized to use their expiring credits on philanthropic endeavors.
  • Engaging Communities: This setup would also enhance community participation. By supporting local charities, individuals would directly contribute to initiatives that impact their immediate surroundings.
  1. Reinforcing Local Businesses:
  • Stimulating Local Economies: Local businesses, especially small and medium-sized enterprises, would see a significant boost in their revenue if there's a consistent and guaranteed consumer base, encouraged by the expiration philosophy.
  • Counteracting AI Job Displacement: As AI and automation potentially displace many traditional jobs, there'll be a need to foster industries resistant to such displacements. Local businesses, especially those rooted in art, craft, or other niche skills, might fit the bill.
  1. Coexisting with Advanced Capitalism:
  • Flexible Capitalism: This approach offers a way to reorient capitalist incentives. By ensuring money is spent within a set timeframe, you're directing the flow of capital in specific, community-oriented directions while still allowing for competitive business practices within that framework.
  • Balancing Automation Benefits: While automation and AI will generate vast amounts of wealth, there's a risk of significant income disparity. This sort of system could act as a buffer, ensuring that the benefits of automation are, at least in part, shared more broadly within communities.
  • Encouraging Sustainable Business Practices: Local businesses, more often than not, have a direct stake in the well-being of their communities. By strengthening their position in the economy, there could be an indirect push towards more sustainable and community-friendly business practices.

Incorporating an expiration date philosophy to drive local consumption in an era dominated by AI and advanced capitalism is a forward-thinking approach. It recognizes the challenges posed by rapid technological advancement but offers a framework that can potentially harness these changes for community growth and cultural preservation. It's a symbiotic vision that combines modern economic mechanisms with a keen sense of local and cultural identity.

 

  1. Potential Challenges and Benefits:
  • Economic Stimulation: With a consistent flow of spending due to the expiration date, local businesses can anticipate steady demand, potentially leading to job creation and stability.
  • Community Engagement: Tying benefits to service work fosters a sense of community. It reduces the stigma associated with receiving "handouts" since individuals are actively contributing to society.
  • Inflation Concerns: One potential concern is whether the constant flow of spending might cause prices to rise, diminishing the value of the credits. Monitoring and adjustments would be necessary.
  • Administration & Monitoring: Implementing such a hybrid system would require substantial administrative oversight to ensure fairness, prevent exploitation, and maintain the value and relevance of the service tasks.

 

In essence, merging the concept of service-based UBI with traditional government assistance programs and introducing an expiration date on the earned credits can indeed serve as a novel approach to welfare and economic stimulation. It's an innovative idea that marries social responsibility with economic incentives. The challenge lies in the execution, oversight, and balancing the system to ensure it remains sustainable and beneficial for all.

Given the multidimensional approach of this concept — encompassing technological advancement, localized economies, service-based UBI, and an expiration-driven monetary philosophy — a fitting dissertation title could be:

 

"Reimagining Welfare in an Age of AI: The Intersection of Service-Based Universal Basic Income, Expiry-Driven Economics, and Localized Capitalism"

 

There are concerns we have to address, though.

 

AI & Jobs: "In an era where AI might soon render half of our jobs obsolete, our very understanding of 'earning a living' stands on the precipice of redefinition. Imagine a world where community service isn't just altruism, but an actual currency, where spending isn't just an economic act, but a ticking mandate to bolster local art, business, and charity."

 

AI & Currency: "What if the currency in your wallet expired like the milk in your fridge? In a future dominated by AI, could the true value of money not just be in its amount, but in its temporality, steering us to engage more with our local communities?"

 

Both approaches underline the innovative nature of the proposal and sets the stage for a deep dive into the multifaceted approach of service-based UBI in an AI-driven future.

 

Given this additional perspective, "Cultural Preservation: Such a system could help in the preservation and continuation of local cultural heritages, traditions, and art forms, which might otherwise get overshadowed in a globalized market" I want to add that this is an important catalyst for this work, while we don't want to control the spending and we know that this currency could be spent at massive organizations as well, but hopefully, given human altruism, it would also be spent locally since there would be such a surplus. The emphasis on cultural preservation and the inherent trust in human altruism can be framed as follows:

 

"Cultural Preservation and Intrinsic Altruism: At the core of this proposal lies a profound belief in human goodness and the innate desire to uplift one's community. While the system doesn't seek to control spending or curtail engagement with larger organizations, it acts as a gentle nudge, encouraging beneficiaries to acknowledge the irreplaceable value of local cultural heritages, traditions, and art forms. In an age of globalization, where local cultures risk fading into obscurity, this model hopes to tap into an inherent altruism. With an increased surplus of currency in the system, the hope is that individuals, recognizing the richness and uniqueness of their own communities, would naturally gravitate towards bolstering and celebrating them."

 

By framing it this way, the dissertation underscores the importance of cultural preservation as an essential goal, while also highlighting the trust placed in humanity's innate desire to do good for their communities.

 

What about when people spend the money at a large, multi-national corporation?

 

Incorporating a mandatory dividend payout for corporations, inspired by the Real Estate Investment Trust (REIT) model, adds another layer of redistribution and fairness to the system. By doing this, even when the system's credits are spent at large corporations, there's a mechanism ensuring a portion of those profits flow back to individuals.

 

"**Redistribution through “Corporate Dividends”:** Drawing inspiration from the structure of REITs, one can imagine a scenario where corporations that benefit from this system's surplus are mandated to redistribute a significant portion of these earnings back to the populace in the form of “dividends.” Since not everyone can be a shareholder in the multinational and large cap companies, these dividends would have to be accrued in some form of general fund, i.e. This ensures a cyclical flow of wealth, where even as larger entities accrue benefits from the currency, they also play an active role in wealth dispersion. In effect, it balances out the scales, ensuring that while local economies thrive, the larger corporations aren't just beneficiaries but also contributors to the well-being of society."

 

This provision not only makes the model more equitable but also ensures a wider acceptance, as it alleviates concerns of the system overly benefiting massive corporations at the expense of local entities. It essentially adds a feedback loop, ensuring wealth, even when it moves up, finds a way back to the grassroots.

 

In an ever globalized world, there is a need for this, "Engaging Communities: This setup would also enhance community participation. By supporting local charities, individuals would directly contribute to initiatives that impact their immediate surroundings." and the communities can be optimized with the help of AI, reducing fuel costs across the nation, imagine an AI helping each person in their community tend to and manage their very own produce garden

 

The convergence of localized economies and advanced technology offers the potential to create smarter, more self-sustaining communities. The focus on community participation, aided by AI, could revolutionize not just local economies, but also drastically reduce environmental footprints. Here's how this idea might be articulated:

 

"**AI-Optimized Community Symbiosis:** In an age of unprecedented globalization, there's a burgeoning counter-movement emphasizing the need to root oneself in the immediate community. As our world expands outward, there's immense value in looking inward, tending to our local environments, and leveraging technology not just for global solutions, but for hyper-local ones as well. Imagine a future where every individual is guided by AI to cultivate their produce gardens, tailored specifically to local soil, weather, and consumption needs. Such a scenario would not only encourage self-sufficiency but also drastically cut down on transportation and associated fuel costs, as communities would rely less on imported goods. 

 

Moreover, this marriage of technology and localism would foster deeper community ties. People would not only be producers or consumers; they'd be caretakers of their environment, directly impacting and being impacted by their immediate surroundings. The ripple effect of such engagement would extend beyond just economic benefits. Healthier, fresher produce would promote better health. Reduced transportation would mean lower emissions and cleaner air. And the shared objective of nurturing a community garden would cultivate a sense of collective responsibility and camaraderie.

 

By harnessing AI to optimize local engagement and production, we'd be crafting a future where technology doesn't alienate or isolate but roots us deeper into our communities, turning globalization on its head to emphasize the local without sacrificing the advantages of technological advancement."

 

This perspective embraces the duality of future-forward technology and community-driven localism, proposing a future where both can coexist and complement each other for the greater good.

 

Let’s explore this concept further: “"Counteracting AI Job Displacement: As AI and automation potentially displace many traditional jobs, there'll be a need to foster industries resistant to such displacements. Local businesses, especially those rooted in art, craft, or other niche skills, might fit the bill." how can we demonstrate that this is a good thing, in previous revolutions people lost their jobs, but humans adapted. humans will lose their jobs again, but this time we can create a system where good deeds, like community service works, service to one another, and more thrives. New jobs will be created because of this. Jobs that desperately need to be created, like more generous and nice people at service kiosks, and travel stations all over.”

 

Historical context is a powerful tool when discussing the evolution of job markets and human adaptation. Every major technological and industrial revolution has been met with apprehension due to potential job losses. Yet, time and again, humans have not only adapted but also innovated, creating entirely new sectors and opportunities that were previously inconceivable.

 

Here's a potential way to articulate this sentiment:

 

"**Human Adaptability and the Evolution of Labor:** Looking back through the annals of history, from the agrarian to the industrial revolution, and now to the technological age, one recurring theme emerges: human adaptability. Each significant shift was met with fears of obsolescence. The looms were thought to end craftsmanship, factories were seen as the death knell for artisanal work, and computers were presumed to be the end of manual record-keeping. And while each shift did displace certain professions, what emerged in their wake were opportunities previously unimagined.

 

In the wake of AI and automation, we stand on the brink of yet another transformative shift. Traditional roles may wane, but in their stead, we have the opportunity to craft a society that values and compensates acts of service, compassion, and community-building. With automation taking care of repetitive tasks, humanity can refocus on roles that emphasize empathy, creativity, and interpersonal connection. 

 

Imagine a world where 'service' is not limited to one's professional capacity but extends to societal contribution. A world where the value isn't placed merely on what one can produce or sell, but on how one can uplift, assist, and connect. Airports, bus stations, and public squares bustling not just with information kiosks, but with individuals whose roles are to assist, guide, comfort, and engage.

 

In essence, as AI and automation shoulder more of the technical load, humanity can redirect its energies toward more 'human' pursuits. Just as past revolutions gave birth to novel professions, the AI revolution can usher in an era where roles centered around empathy, community, and service become paramount. Jobs that don't merely serve an economic function but also fill a societal and emotional need."

 

Such a perspective paints a hopeful picture of the future, where technological advancements don't diminish human roles but elevate them, emphasizing qualities that are innately human and can't be replicated by machines.

 

Don't forget that with the advent of AI, people who were previously unable to center their thoughts and write novels, essays, artworks, and more would be possible. Now if someone can think it, they can utilize AI to make it a reality like never before.

 

Absolutely. The symbiotic relationship between AI and human creativity has the potential to democratize artistry, writing, and other forms of expression. Here's how you might incorporate this thought:

 

"**AI as the Catalyst for Unleashed Creativity:** The democratizing potential of AI reaches far beyond industries and job markets. At its core, AI can serve as an unparalleled conduit for human creativity. Historically, the barrier to entry for many artistic pursuits was the technical proficiency required — the meticulous hand of a painter, the refined language of a writer, the trained ear of a musician. But what if, with AI, those barriers start to crumble?

 

Imagine the stories that have remained untold because someone couldn't quite master the craft of writing, or the artworks that never saw the light of day because the creator lacked traditional training. With the advent of advanced AI systems, those same individuals can now give voice to their thoughts and ideas with greater ease. They could outline a concept or narrate a story, and AI could assist in refining the language, creating digital artwork, or composing music that complements their vision. 

 

This isn't to suggest AI replaces the artist but rather that it becomes a tool, an extension of the artist's intent, allowing for a broader range of people to express themselves. It's the dawn of an era where the line between imagination and manifestation blurs, and where ideas, regardless of one's technical proficiency, have the chance to flourish and resonate. 

 

In this brave new world, AI doesn't overshadow or diminish human creativity; it amplifies it, making artists out of all of us and ensuring that the vast tapestry of human experience and expression grows richer and more diverse."

 

Such a perspective emphasizes the enabling role of AI, presenting it not as a threat but as a tool that can empower a vast number of people to realize their creative potentials.