ML - The way the world works - analyzing how things work

This is a great podcast on building relationships and why that facilitates change “we live in a Universe where relationships are primary.” The world of process, the process of connecting coming into existence because of relationship. Roles mean nothing without understanding the networks of relationships and the resources that are required to support the work of that person. The agents of the system get smarter and comprehension increases. In this relationship world, it is foolish to think we can define any person solely in terms of isolated tasks and accountabilities. We need to conceptualize the parts of energy flows required for the person to do their job.

Design decisions affect the organization of production, and modular designs provide the means for people to divide up the work in tasks or groups of task that are relatively independent of each other. Modularity in product design has a powerful impact on innovation: Innovation can happen on modules of the product without having to impact the overall system

Thoughts

One of my favorite forms of imagery of the Bible was Elijah’s chariot of fire coming to take him home to God. The chariot’s wheels burning green with a heavenly fire streaking across the blue sky as Elisha was crying upward for Elijah to give him his mantle and a double portion of his spirit. I remember departing the mission field and feeling the missionary mantle leave me. I felt all alone. I longed to receive that mantle again. It served me well, helping me to love people and trust that God could help them. I wanted to be a part of God’s great work again. Jesus said that he will remain near us during the day of wrath for those he desire to repent. Christ is near us. He is here for all mankind. Jesus can show compassion upon us.

Facies oil well classification

Speculation excesses are referred too as mania and revulsion from these excesses take the form of crisis, crashes, or panic which are historically common. The excess speculation builds as investor seize new opportunities for profits and are overdone. Hyman Minsky describes these new opportunities as the result of displacement. Displacement are events leading up to a crisis, such as, outbreak or end of war, bumper harvest or crop failure, widespread adoption of an invention, or some political event. Displacement must be a significant size. Displacement brings opportunities for profit and increased demand causes price to rise. Banks artificially increase supply without proportional increases in demand by expanding the money supply that demand would have generated. The money supply expansion is notoriously unstable. Feedback fuels Euphoria for price increase; the Euphoria turns investment from really valuable products to delusional ones. Boom is characterized as rising interest rates, as Banks threaten discredit and hedge against the speculation by raising rates; trading velocity increases and the velocity of circulation and turnover ratios rise; and stock prices increases. Boom is fed by expansion caused by bank credit; credit increases the money supply and destabilizes the investment.

Thoughts

Myths and legends surrounding an ancient Saturn are embedded in archaeology artifacts and historical documents. Saturn was personified and named Kronos by the Greeks; Shamash Enki-Ea and Tammuz by the Babylonians; Re (or Ra), Ptah, Temu, Atum or Osiris by the Egyptians; Moloch by the Phoenicians; Brahma and Satyavrata by the Hindus, Quetzalcoatl, Tlaloc, Ce-acatl, and Huracan by the Mayas, and El or Eloah by the Hebrews. Saturn has a Latin name “Stella Solis” meaning “Sun Star.” Earth was an actual satellite of Saturn (“The Saturn Myth” by David N. Talbot). Talbot proposed, “Saturn – fixed at the celestial pole – loomed massively overhead, a central sun venerated by all mankind,” “A polar sun,” “Primeval sun,” “Terrifying splendor,” “A visual pivoting of the heavens,” and it provided a symbol of “Order to the heavens.” The earth would have shared the same axis of rotation with Saturn at a fixed position directly above the earth, and so Saturn would appear to neither rise nor set. “Saturn’s immobility is indicated when Ra is lauded as the God who is resting on his high place.” In Hebrew, Saturn takes the name Kokab Sabet, which means resting star or planet. The planet loomed as an “awesome and terrifying light.”

In 2005, GM was paying for 1.1 million retirees, of whom 140,000 workers were still on the job. By 2005, GM was paying $5.3 billion a year in health care costs. It was filling a prescription every two seconds.

Why are the big tech stock laying off people while data analytics is surging up