Money is the most widely used medium of exchange worldwide, serving as a way to buy essential goods needed for life or to store wealth. Since the country guarantees the stability of fiat currency, it becomes possible to exchange ‘things for money’ instead of ‘things for goods,’ unless the country goes bankrupt. However, this amount of money cannot be increased indefinitely. When there is too much money in circulation, its value drops below the price of goods, causing those who hold wealth in money to lose that wealth. The key point is that money is limited in the market. Due to this limitation, money gains value. The government regulates this money supply through the ‘interest rate.’ Raising the interest rate reduces the money supply, while lowering it increases the supply. This helps control prices. Therefore, understanding the interest rate is crucial for managing and valuing wealth, making it essential to know the interest rate above all else in life. - Joseph’s “just my thoughts”
How do AIs learn? For humans to learn, they must first express their will. In AI, the flow of electricity takes the place of human will. AI learning involves recording, comparing, and making decisions; currently, computation is the only necessity. Humans learn through similar pathways and mechanisms, but the importance of expressing will tends to be essential in human history. People often respect those who excel at learning, as it is not easy to demonstrate will. However, AI substitutes all entities with symbols of electrons and operations instead of will. Doesn’t placing too much value on the will actually impede human learning? Learning stems from comparison and decision-making. Management functions similarly. - Joseph’s “just my thoughts”