AI: America, India and the Changing of the Guard - Part 1

A Little History

Jefferson himself proposed the Northwest Ordinance, an Act that outlawed slavery in territory that later became the states of Ohio, Indiana, Illinois, Michigan, Wisconsin and Minnesota.?

Redefining ETF

Energy

Vaclav Smil defined energy as the essential currency of civilization.?

This contention is disputed by both Pierre Teilhard de Chardin, the valorous combat medic, existential philosopher, Jesuit and recipient of the Médaille Militaire;

and MLK:?

T and F?- Trade, Title and Fee Income

Trade and Title?

Banks and lenders and now Silicon Valley have continually discounted (pardon the pun) global trade, the world’s largest business-in creating their so-called "Killer Apps." How can AI/ML be used to teach the machines when their instructors don’t understand, don’t have what Deming described as a?deep knowledge of global trade?

At Chemical Bank, what is now called JPMorgan Chase, we differentiated between firms that have title to goods from mere trading companies - in order to lend to them in such a way as to generate F - fee income. This was done by using Regulation A of the Fed. to finance domestic distribution as well as imports with Bankers’ Acceptances - the discounting of receivables and distribution by use of funding reserved for banks, at the discount window of the Fed.

Next Global Trade, Geopolitics and Vaporware?