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Monday, December 31, 2001

inteligence sdg1 - broken money systems - huge leaps in tech failure to advance for humanity on sdgs

 My father's work at the economist inspired by von neumann from 1951 and my joint workd with dad from 1983's 2025 report hypothsised there was no point in tranforing around technolgy unless there were win-wins for everyone including the poorest and most marginalised histo9rically

some of the un sd goals do ammitedly need more entrepreneurial co-creativity than othersd but there is no excuse for how mioney is designed- paper money and paper recoird keeping had huge transcation and safety costs which have been shpwn by eg kenya' mppesa or banglaadesh's bkash to be applicable to recahing many ofn thise unbanked in paper money world

one has to ask why have multilaterals and others responsible for advancing the human lot failed to bring transparency to worldwide rankings (of where poorest have been included in tech and where they havent

in this context some numbesr from oxfam are alarming - gemini

Oxfam's latest figures on wealth inequality in the United States are from 2023. According to their report, the richest 1% of Americans own nearly half of the country's wealth, while the bottom 90% own just 16%.

This means that the richest 0.01% (or approximately 16,500 people) now own more wealth than the bottom 150 million Americans combined.

While the specific figures may fluctuate slightly from year to year, the overall trend of increasing wealth inequality in the United States remains a significant concern.

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