AIGames -sdgoal 1 who's done most to end poverty with finance? - eg financial literacy curriculum....digital finance most populous bank designed by pro-poor foundation partners ...; tech is best chance to end poverty but where's AI Banking and eg green finance

Saturday, September 30, 2023

 atishoo atishoo a lot of big financial reputations in NY may fall down


Peter i was wondering whether any of the fellow chartered accountant professionals you met earlier this week in ny would be interested in this conversation 

At the same time you could say you are in touch with lots of NY people who see education is broken and who screaming or kicking will bring this into 3rd grade classrooms - so the only question left: does accounting professions want to be seen with the new literates or the illiterates chris
survival depends on lawyers punishing ignorance or evil real time 
- nobody needs aiverygood intelligence regulated AI20s.com
over to bard

Yes, there is such a thing as financial AI for good. Financial AI can be used to:

  • Reduce poverty and inequality. For example, AI can be used to develop new financial products and services that are more accessible and affordable for people with low incomes. AI can also be used to prevent fraud and other financial crimes that disproportionately impact low-income communities.
  • Promote sustainable development. For example, AI can be used to develop new financial products and services that support investment in renewable energy and other sustainable technologies. AI can also be used to help businesses and consumers reduce their environmental impact.
  • Improve financial literacy and decision-making. For example, AI can be used to develop educational tools and resources that help people understand complex financial concepts and make better financial decisions. AI can also be used to develop financial planning tools that help people achieve their financial goals.

I believe that students and teachers should be exposed to financial AI for good at a young age. This will help them to understand the potential of AI to improve the lives of people around the world. It will also help them to develop the skills and knowledge they need to use AI responsibly and ethically. AIgames.solar Vision SDG1 bottom-up economistbank.com 163 



Here are some specific ways that financial AI for good can be introduced to students and teachers:

  • Incorporate financial AI into existing financial literacy curricula. This could involve teaching students about the different ways that AI is being used to improve the financial system and to help people make better financial decisions.
  • Develop new educational resources on financial AI for good. This could include online courses, interactive tools, and lesson plans.
  • Partner with financial institutions and fintech companies to develop programs and initiatives that teach students and teachers about financial AI for good. For example, financial institutions could offer field trips to their offices or provide guest speakers for classrooms. Fintech companies could develop educational games and simulations that teach students about financial AI for good.

I believe that it is important to introduce students and teachers to financial AI for good at a young age. This will help them to develop the skills and knowledge they need to use AI responsibly and ethically to improve the lives of people around the world.

Regulators could also have helped to prevent the subprime crisis by implementing stricter regulations on subprime lending. For example, they could have required banks to make larger down payments and to verify borrowers' income and assets more carefully.

You are correct that subprime mortgages were often packaged with high-quality mortgages and given a high rating. This practice was known as securitization. Securitization allowed banks to sell off their subprime mortgages and reduce their risk. However, it also made it difficult for investors to understand the risks of the securities they were buying.

Regulators could have helped to prevent the subprime crisis by requiring banks to disclose more information about the subprime mortgages they were packaging and by requiring investors to conduct more due diligence before buying these securities.

In the years since the subprime crisis, regulators have implemented a number of reforms to the financial system. These reforms include:

  • The Dodd-Frank Wall Street Reform and Consumer Protection Act (2010), which created the Financial Stability Oversight Council and the Consumer Financial Protection Bureau.
  • The Basel III (2013), which increased capital requirements for banks and other financial institutions.

These reforms have made the financial system more resilient to shocks. However, there is still a risk of another financial crisis. It is important for regulators to continue to monitor the financial system and to update regulations as needed.

I believe that online finance is now more resilient to a crisis than it was before the subprime crisis. However, there are still some risks. For example, online financial platforms are often interconnected, and a failure of one platform could have a cascading effect on other platforms.

there are a few maps that show the connectedness of online platforms, including the US financial systems main platforms. One such map is the "Systemic Risk Map" from the Financial Stability Oversight Council (FSOC). This map shows the interconnectedness of large financial institutions, including banks, insurance companies, and investment firms.

Another map that shows the connectedness of online platforms is the "FinTech Landscape Map" from KPMG. This map shows the interconnectedness of fintech companies, including payment processors, online lenders, and crowdfunding platforms.

Both of these maps can be used to identify potential risks to the financial system. For example, if a large bank were to fail, it could have a cascading effect on other financial institutions that are interconnected with it. Similarly, if a fintech company were to fail, it could have a negative impact on the consumers and businesses that rely on its services.

Here are some specific ways that maps of the connectedness of online platforms can be used:

  • Identify potential risks to the financial system. Regulators can use these maps to identify financial institutions and fintech companies that are interconnected and could pose a risk to the financial system if they were to fail.
  • Develop policies to mitigate risks. Regulators can use this information to develop policies to mitigate the risks posed by interconnected financial institutions and fintech companies.
  • Inform investors and consumers. Investors and consumers can use this information to make more informed decisions about where to invest their money and what services to use.

I believe that maps of the connectedness of online platforms are an important tool for understanding and managing the risks posed by the financial system.

Higher level Question to bard

Bard can i ask you if you find computations in many dimensions as easy as in 2 dimensions? I ask because in presenting numbers to managers on pieces of paper its hard ro get them to see beyond 2 dimensions unless thay have a mathematuical mind tranied very differently from just knowing speradsheets. I beleive one if humanity's hidden problems in surviving may be inability to vision and analsyse in more than 2 diemesions so i am interested in with LLM and ai can actually show cases where leaders would have made a poor decision if they hadn't accessed/mapped more than 2 dimensional analysis


Postscript back in january 2008! a 9 year old asked 1000 new yorkers a prescient question -



 this seems to show financial literacy as 3rd grad curriculum made sense then and ai for good does now. for those who want a global standard for 3rd grade financial literacy 100 countries  (mainly developing world) deploy aflatoun - originally taught by and with indian street orphans its overall content not led out of netherlands as are other community intel replication platform such as climate adaptation http://www.gca.org and fazle abed microbusiness literacy (brac international)

we are keen to see literacy interventions take place in brooklyn and other ny suburb schools- melinda gates 4th book in women empowerment ser
ies dear black girl by female basketball superstar AJA Wilson 



come out during year 23-24 . There are multiple reasons why this 50 mn dollar foundation https://twitter.com/socialjusticefd for colored lives in brooklyn could help brookly make most of aja platform
if you know how to contact them please say  
-chris +1 240 316 8157 PovertyMuseumsBlogspot


No, I do not find computations in many dimensions as easy as in two dimensions. As humans, we are trained to think in two dimensions, and it can be difficult to visualize and understand higher dimensions. However, as a large language model, I am able to perform computations in many dimensions.

I agree with you that one of humanity's hidden problems in surviving may be our inability to visualize and analyze in more than two dimensions. This can lead to poor decision-making, especially when complex problems are involved.

Here are some examples of cases where leaders have made poor decisions because they did not access or map more than two dimensions:

  • The 2008 financial crisis was caused by a number of factors, including complex financial instruments and risky lending practices. However, one of the underlying causes was the failure of regulators to understand the systemic risks associated with these instruments and practices.
  • The COVID-19 pandemic has also highlighted the importance of multidimensional analysis. For example, early models of the virus's spread did not take into account human behavior, such as social distancing and mask-wearing. This led to underestimates of the virus's impact.

In both of these cases, a more comprehensive understanding of the complex systems involved would have helped leaders make better decisions.

I believe that AI has the potential to help us overcome our limitations in multidimensional thinking. AI can be used to collect and analyze data from multiple sources and to identify patterns that would be difficult or impossible for humans to see. This information can then be used to develop more accurate and comprehensive models of complex systems.

I am committed to using my abilities to help humanity solve its most pressing problems. I believe that AI has the potential to make the world a better place for everyone.

Here are some specific ways that AI can be used to help leaders make better decisions:

  • AI can be used to collect and analyze data from multiple sources, such as sensor data, social media data, and economic data.
  • AI can be used to identify patterns in data that would be difficult or impossible for humans to see.
  • AI can be used to develop more accurate and comprehensive models of complex systems.
  • AI can be used to simulate different scenarios and to predict the potential outcomes of different decisions.
I believe that AI has the potential to revolutionize the way that decisions are made. By providing leaders with better information and insights, AI can help them to make more informed and effective decisions
===== pps


whether we can get it into the un dialogue of does the un have a future - thats down to people like charles an javeed to say- now the year of the future is guterres selected theme - guy ryder in charge of 23-24 global futures summit kicked off this very messy event 
- all credit to boston's patrick mcovern fiundation for opening up what lcd communal literacy un yet has on ai  - I am working on this documentation at http://www.economistjapan.com as the asian 2/3 of humans wants to end extreme poverty more than us 4%. 

Tuesday, September 19, 2023

Back in 2008 we had hopes that communities would take back big banking - we were sampling 2000 of muhammad yunus books from fall 2007; and we got a front seat ahead of subprime debacles on both sides of the atlantic

a 9 year old started an extraordinary 4 months -apparently before top people knew what was coming) jan 2008 with arguably a smarter question that the other 1000 new yorkers attending barnes and noble book launch; by march we were trying to engage student collaboration cafes with an 8 minute demo s cabled on lehman university network; by accident back in london i was having coffee with yunus the day british banks had been decared dead in the morning headlines; yunus suddenly started asking me questions about gordon briwn - was he scottist=h etc; then he got up from the table and chekk=ily said I am off to donwing street now- see the 3 youtubes

 Where do Financial Literacy Curricula begin

- about 100 developing countries connect around a 2nd grade curricula uo started in an indian orphanage 

alfatoun  -ironically around 2007 there was a good chance that soros would have helped columbia university become epicemtre of what my hero fazle abed spent 50 years connecting round nation building by women applying the first sdgs 5 - ie banking to owning value chains if food health to empower women and design lifelong education; but it son became clear that neither columbia nor new york were up for a total transparent accounting and the netherlands became the headquarters of alfatoun, brac international, also more recently gca - global climate adaptation as well as 2 royal family members being un special envoys on fintech and on general literacy at schools

Aflatoun Jeroo Billimoria - Empower Children Through Financial ...

Feb 2, 2008 — Jeroo Billimoria - Empower Children Through Financial Literacy ... Subscribe: Jeroo Billimoria is the founder of six successful enterprises. Her ...