The problem government faces from AI and crypto is the validation of its own currency.

I have been listening for the past hour or so to Emad Mostaque, the founder of Intelligent Internet, discuss among other things how money will evolve in terms of use and creation in an artificial intelligence world. I decided to tune in after doing a little prior contemplation on my own as to how currencies … Continue reading The problem government faces from AI and crypto is the validation of its own currency.

Threat to democracy? How about messaging on the threat to employment

Employment will be on the minds of the financial press between now and 2 August when the jobs situation report data is released. Between now and then, two unemployment claims reports will be released and the Board of Governors of the Federal Reserve System would have made their decision on the federal funds rate. The … Continue reading Threat to democracy? How about messaging on the threat to employment

There are three classes of lawyer: litigator, transactional, and legal risky data analyst.

For the last five and a half years, I have been what I term a legal risky data analyst. This is my nomenclature for what are otherwise known as document review attorneys. Using analog i.e., paper or digital i.e., electronic techniques, we pour over and through documents looking for privileged information or confidential information ensuring … Continue reading There are three classes of lawyer: litigator, transactional, and legal risky data analyst.

Does the media focus too much on the Federal Reserve?

I swear sometimes that Bloomberg, Reuters, and Yahoo! Finance are nothing but mouthpieces for the Federal Reserve System. During my brief stint as an analyst/editor with Telecommunications Reports, a standard mode for gathering intel on regulatory agencies was to sit next to the fax machine waiting for a press release. We would then confirm the … Continue reading Does the media focus too much on the Federal Reserve?

One of those days where I think artificial intelligence is overhyped …

A few years back, I read Pierre Boulle‘s classic, “Planet of the Apes (1963).” I had the book sitting on my bookshelf since junior year in high school, ever since disco was still a thing. Fortunately, I kept the book as I moved from the Caribbean to and through the US mainland. Once I started to read it, … Continue reading One of those days where I think artificial intelligence is overhyped …

Merchants, traders, brokers and the future of trade…

Trade has always been limited to those with control over commodities and access to credit. Merchant/broker/traders have always been in the data gathering business. It is no surprise that merchant/broker/traders sit on and trade valuable, actionable data. Movement of the data gathered by merchant/broker/traders have moved on an OI (organic intelligence) infrastructure for centuries. This … Continue reading Merchants, traders, brokers and the future of trade…

Interbank market news scan: Most of us are digital serfs. Some of us will learn to trade.

The upside for the “knowledge worker” is that if she plays her cards right, she can go from being a digital version of a tenant farmer and trade her own coin. She has the research ability and given the digital tools that she likely helped develop, she can identify opportunities for trade and actively enter the markets. This is why I shed no tears about engineers being laid off from Facebook, Google, or Twitter. You have the digital skills and the severance pay to become traders. Continue reading Interbank market news scan: Most of us are digital serfs. Some of us will learn to trade.

Interbank Market News Scan: The real free market is the one between commodities owners, merchants, and traders.

You would swear that America has a labor centric economic policy especially when jobs day comes around. The labor centric sentiment is fleeting. The inordinate amount of attention that is given to the Federal Reserve and monetary policy tells me its more about the financial markets and a lot less about the labor markets. Continue reading Interbank Market News Scan: The real free market is the one between commodities owners, merchants, and traders.