Sustainable Development and the Rediscovery of America

When asked who he believed had discovered America, Oscar Wilde responded with: America had often been discovered, but it was kept hush hush! 

My Comment: America has never nurtured and mentored an organic, native entrepreneurship - as American history amply evidences. This has not been fostered within the U.S, much less outside of the U.S, despite our continual deployment of military force forward, to the critical regions of the world. 

A Little History

The same mindset that led to three Seminole Wars, the Indian Removal Act, the Trail of Tears and" Manifest Destiny":

the massacre at Tulsa’s Greenwood - its Black Wall Street:

the pitiful and incompetent response of the American Red Cross and America to Haiti's 2010 earthquake catastrophe - 540 miles from Miami.

and in our past, the causes of the Great Depression:

Smoot-Hawley et alia

The Great Depression

divides our nation today.  America in now bent on repeating the mistakes of the past as we are now being delusional about such technological and scientific advances as AI. In the process, we miss out on and risk being mediocre in what is undisputedly the world’s largest enterprise, global trade:

Global Trade Today

Why global trade?  The Economist:  As the cumulative production of a manufactured good increases, costs go down. As costs go down, demand goes up. As demand goes up, production increases-and costs go down further. This cannot go on forever; production, demand or both always become constrained- unless an unlimited source of power is available. 

My Comment: The Energy Trifecta is now available. 

One industry in particular has failed to grasp the significance of global trade and this impacts our economic development and global leadership. Not only does the financial industry, Fintech, doesn't think out of the box:

and the industry has reverted to investing in fossil fuels,

as JPMorgan Chase’s loans to Saudi Arabia evidence. 

As a result, America has failed to evolve.

What we have here is a failure to evolve: 

Cool Hand Luke

Today, demographics are creating a problem that AI alone cannot solve. 

It is a problem that global scaling will preeminently provide a solution for. In developed countries, women of child-bearing age are having 1.6 babies whereas 2.1 are needed to maintain current populations - the labor force. 

Regrettably, Americans are not educated in international business, logistics and finance; the world’s largest enterprise. We cannot solve this dilemma with AI because we can’t teach machines the processes that we ourselves have no deep knowledge of. 

We also cannot imbue work with joy:

If we don’t know what we’re doing.

A New Enlightenment 

Enter AI 

AI will play a key role in the processes of human evolution, sustainable development and job creation. The initial purpose of AI is to make us more productive by increasing the use of machines that we "teach" through parameters of thought, while hoping that these machines do not misinterpret our instructions by "hallucinating." As a result, the employment will decrease, and depression will increase as more and more people are deprived of the joy of work. An additional problem is caused by American success and global competition. The U.S. has 4% of the world’s people and is responsible for 25% of the world’s output. 

but, we have competitors, namely China and Russia.

Trust but Verify

AI can be used to determine the authenticity of parties in a trade transaction with Correlation, *, what will be the principal product of The Following Sea - a process I've developed but not yet sold globally.

Upgrade Man!

QR will be used to simplify the communication of shipping documents in global trade, as agreed upon by use of Incoterms:

This will apply to shipping documents used to file the Importer Security Filing (ISF), as well as entries to the Automated Manifest System (AMS) and to adhere to C-TPAT, the Customs-Trade Partnership Against Terrorism, for security purposes. 

Authenticity of financial documents will be verified by using AI. This verification will be of information shared privately beforehand among buyer and seller. 

Commercial Banks and Financial Institutions

Banks’ LC checkers were never inventory control clerks and so it is not a record of what is shipped in the form of invoices that will be matched against what was ordered - in the form of purchase orders - as with the SWIFT TSU:

to settle international trade transactions. Nor does payment need be tied to SWIFT’s TSU as there are now so many much simpler and secure payment technologies available today. 

The challenge is to streamline the payment process with the ease, flexibility and accessibility of e-commerce for SMEs. 

Deep Knowledge of Process 

Payments do not provide for accommodation, except through expensive buy now, pay later schemes and Factoring, whereby receivables are purchased outright by the lender. Such financing is based on the availability of assets (asset-based lending), and the ability to communicate credit-worthiness - quickly and securely.

Correlation* the principal product of The Following Sea:

Pierre Teilhard de Chardin

provides the benefit of pre-export financing, post-export financing and dynamic discounting:

along with accommodation. By being able to pay vendors quickly with dynamic discounting, the manufacturer/exporter takes advantage of vendor discounts in exchange for paying its vendors early. These pre-export discounts are extraordinarily valuable to the manufacturer. Pre-export discounts combined with the cumulative increase in production (The Economist) results in production of a cheaper, more affordable product - globally. The result is that innovative and excellent products become more accessible and more desirable to the global consumer - who can now afford to purchase these products.

Winning isn’t Everything. Winning is the Only thing

Winning is a habit. Watch your thoughts, they become your beliefs. Watch your beliefs, they become your words. Watch your words, they become your actions. Watch your actions, they become your habits. Watch your habits, they become your character- Vince Lombardi