Author: David James
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AUSTRALIA
- David James
- 13 September 2023
1 Comment
Investigations into KMPG's ties with Australia's Defence department highlight broader concerns about consulting firms' murky dealings with government. As corporate-public boundaries blur, accountability suffers, with ethical pursuits sidelined by power and profit drives.
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AUSTRALIA
- David James
- 17 August 2023
8 Comments
In a world where words wield power, 'Artificial Intelligence' is a semantic contradiction. As tech leaders sound alarms about AI's potential threats, the reality remains: AI scans data but can't replicate human thought or emotion. Are we, through misleading language, surrendering our humanity to machines?
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ECONOMICS
Why does society often overlook the passion, creativity, and dedication that underpin smaller businesses? As the public's perception leans towards the unfavourable side, is there a need to shift our focus and truly acknowledge the value and contributions these businesses make in our daily lives?
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ECONOMICS
From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.
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ECONOMICS
As the economy becomes more focused on monetary exchange, we overlook underlying realities that are hidden from plain sight. Largely invisible aspects of our economic life such as transactionalisation and industrial efficiency are transforming our society and can shape our future in unexpected ways. So what does this mean for the future of capitalism and our society?
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ECONOMICS
- David James
- 03 April 2023
As the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse poses a renewed threat to the global financial system, the question arises: how can we manage out-of-control debt? With global debt exceeding 230 per cent of GDP, could nationalising banks be the solution to the ongoing crisis, or will the debt merry-go-round continue to spin out of control?
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ECONOMICS
- David James
- 14 March 2023
Was Russia's removal from the SWIFT system the moment when the global financial system detached itself from reality? The financial system is at risk from unpayable debt and the delusion that money can be created out of money itself, and wider trust underpinning finance is steadily evaporating.
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ECONOMICS
- David James
- 16 February 2023
4 Comments
AI and transhumanism will continue to transform economic life on the planet. Rather than trying to stop it, which will fail, the counterattack should instead be to repeatedly insist on the obvious: that the ‘I’ in AI is not human intelligence, and that the ‘humanism’ in transhumanism is not human.
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ECONOMICS
- David James
- 12 January 2023
There is a great deal of commentary about the growing importance of artificial intelligence, or AI, especially in business circles. To some extent this is a self-fulfilling prophecy — if people think something will have a seminal effect then it probably will. But if the supposed commercial benefits are significant, the dangers are potentially enormous.
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ECONOMICS
- David James
- 14 December 2022
What the failed attempt to crush Russia’s economy has revealed is that America’s and Europe’s dominance of the global financial system is something of an illusion; more like money changing hands in a giant casino rather than actual wealth.
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ECONOMICS
- David James
- 16 November 2022
1 Comment
Financial markets are made up of human beings and human beings have always been storytellers — long before science, or modern finance, or accounting even existed. Accordingly, the main skill of successful analysts, advisers, financial gurus and commentators is the construction of compelling narratives. They are, if not exactly creators of fairy stories, not too far removed from it.
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ECONOMICS
- David James
- 28 October 2022
Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy.
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