Category: Sculpting

In my earlier article on ‘The hegemony of GDP’, I discussed the need to go beyond GDP if we are serious about capturing the ‘true’ picture of an economy. We certainly cannot do away with GDP but we can and must make adjustments (both subtractions and additions) to it to reflect the true picture, which here simply means the long-term impact on the economy. The State of Vermont in the US has set an example in this endeavour.

An exclusive attention to GDP as a measure of economic progress is unhealthy as has been shown by the many other goals such as SDG. It is time to evaluate if we can develop one comprehensive measure to qualify GDP

The global media is awash with talk of responsible AI and governments are formulating guidelines for ‘ethical use of AI’ but I have chosen to write on (the need for) responsible media, as so much of coverage is steeped in ignorance and hype.

Should we be surprised at the power of GenAI to deceive? As a growing body of serious research is trying to find convincing answers, it also show how important the role of mainstream and specialized media is, as vehicles of communication.

The fascination with and growing business in AI brings fortunes for copper and rare metals (with ominous geopolitical repercussions) as well as data centres, without which nothing in IT and software is possible. While one part of the world is in raptures over something called AI, another part is merrily cashing in on emerging business opportunities.