AIgames.solar Vision SDG1 bottom-up economistbank.com 163 : April 2023

Wednesday, April 19, 2023

Building bKash: Enabling an inclusive digital financial ecosystem in Bangladesh

April 26, 2023 | 12 - 12:30am EDT

How can technology help people in the margins? The quest to find answers led Kamal Quadir to start bKash, the fintech solution that is now synonymous with digital payments in Bangladesh. Valued at two billion dollars, bKash is backed by global giants such as the Ant Group of Ali Baba, the SoftBank Vision Fund, the International Finance Corporation, and the Bill and Melinda Gates Foundation. Until Mobile Financial Services started to be offered in 2011, millions of Bangladeshis with small transaction capacity could not access services offered by traditional brick and mortar banks. Leveraging the network effect of Bangladesh’s ubiquitous mobile infrastructure, and a robust network of over 330 thousand agents trained to serve as “human ATMs”, bKash, today, is making financial services accessible to people with even the most basic cell phones. It has created an inclusive digital financial ecosystem offering utility payments for rural electricity, a wage solution for factory workers, remittance transfer for migrant workers, and other services like digital nano loans, small savings, and insurance plans. How did bKash become a financial lifeline for millions of the previously unbanked? Join us at #GDDF2023 to find out…

Keynote

Inclusion

Digital Economy

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543231 About United Peoples Goals :community service: education: health: starvation-prevent: parents financing kids growing ip naturally and peacefully

Sustainability is a complex word to translate into any language be that human or machine. In our 1984 book 2025 report, we drew on The Economist's first third of a century of applying Von Neumann's journalistic scoop- ask leaders (of GSE Governance, Society, Environmental Change) what they will do with 100 times more tech per decade? Or a million times more if theirs id 30-year intergenerational responsibility of organisation.

In debating what it would take for millennials to be the first generation preventing extinction 2025 report revealed the case for public broadcasters and the United Nations to celebrate collaboration goals in time to celebrate the new millennium. Children needed to experience collaboration in schools, in communities, in their generations heroines. in the purpose of elders investments.

If collaboration was socially understood by every patent, by every family loving legislature, it might not be such a future shock to discover now! that ABED. the only oil company engineer who spent his last third of the 20th century in the person to person networks of Asia's poorest village women, -empowered discovery of the deep learning collaborations needed to stop our younger half of the world becoming the extinction generation.

Before I clarify what 21st C maps friends have seen on this, may I issue a challenge: I have probably seen more public data on what 9/11 did to human brains than anyone apart from artificial brains RSVP chris.macrae@yahoo.co.uk if you have seen more so we can share library links (eg my sources start with an australian professor of medicine who picked up phone to nobel laureates until he has arranged for 70 different of the world’s most distinctive cultures to send representative to a debate first held in london 2003 and annually there after eg delhi xmas 2004 (Global Reconciliation Network – Komesaroff- Monash Melbourne). Related curriculum –

the same hub of educators is the south’s partner with the lancet in schools bigest missing curricula – peer to peer youth health from 10 up (see also youth world bank summit 2016)

www.teachforsdgs.com

reasons: why I am curious about data biggest decisions are informed by in 1973 I got my MA in stats from Cambridge main maths lab DAMTP; my father was writing future histories for the economist and applying a journalistic question he was given by von neumann – ask leaders (of places, of education, of media, of any global market with a trillion dollar purpose) what's their back from future purpose with 100 times moore tech per decade? or if their governance integrates 30 years intergenerational responsibility: a million times more tech??

Anyways lets start with goal 4. Back in 20908 I heard more and more people saying – education is no longer helping more than half our natiosn youth be job ready- at whatever age they loeave the education system. What this meant was the old idea that there would be enough big organsaitions to award jobs toi the those with best exam results no lonmger supported poeoples futures. There are some rich old nations that do beter than others. Much o9f Nordica says it has thrown out standard exams and arranges from early teens foir afternoons to involve community enagagement projects. Germany is better than other big old EU nations at apprenticeships because engineering is a parctive makes better nor a theretica exam makes better skill. So is data coding and app design.

There is a sad part of old rurope eg france-spain which is so intellectually snobbish that eg in span which part of the body you are free to study depends how high up the medical exam you pass. It is a pity that the UN’s lead branches on education have been too long driven by UNESCO being headquarterd in paris. Anyhow finally last december Unesco admitted education no longerserves youth’s purpose in this stuning report- and apart from is there anything left of Europe spetembers 2022 main UNFA summit id on what will we do now that education no longer suatainbs anyone

Let us consider health. In 2005 many different powers that beb ein usa agreed pandemics were a huge risk that it would be smart to prioritise compute mapping too. This was set to be the main G8 agenda by Bush; the western world’s biggets philanthript network led by the Gates declated this chalenge number 1; the last briliant epidemolohist america has who has actually ended a plagie (smallpox) was appoinmted to head google.org. So how did ai o0g pandemics get relegated and ai of autonomous cars become silicn valeh’s main obession. In receny years some of silicon valleys riches venture leadeers have admitted we make most money by designing a monoply int6o a digital model and relling washington dc political parties the opposite. When you ask one of whitre world’s biggest brains Elon Musk – how do you het some forecasts so accurate – about 10 years ago musk predicted 202-‘s Tesla Car production almost to last dugit accuracy but some things like autono0mous cars taking over US raods so wrong – he said something like optimisim is what drives sucessful entrepreneurs as long as we ghet enough right that’s how you beome the worlkd richest ma. Poof poof poof – predicting autonomoius cars would happen fast was perfect PR for electric cars.

So here we go again; extinmction will be the biggesdt maths error ever. Loss of American competitiveness is nothing much to d do with China – ots about him,ams who govern the largest systems not understanding statistics or engineering. And so the world’s most expensive health system was also the world’s worst for protecting its peoples agianst pandemocs. For sure I underdstand a correlated variable is where are the number 1 epicenjtres of global travel which US had a higher density of than others. Or where are the worlds laregst indoor stadiums whiuch US has spent more on than others. Howver 2005 maps of pandemics already predicted that was a core risk multiplier. So because national poluticians argue about histo9rical social issues that most other nations see as private and personal; and in so doing myltiply fake media and become ever less competent at expoenetial statitrics , USA is not going to lead sustainability solutions at comminyty levels bit we could help the younger half of americans and their teacgers to be the best learners. Offly my afthers lifelong work at The Economist agyer meeting vonh jneumanjn in 1951 did just that – see www,teachforsdgs.com which includes most of his signed survey ys over 40 years work – our help co-edit the last edition of 2025 report – first published 1984 on timelines of allo EsustainabilityHoals

My afther’s clearest prediction in social chalenges back in 1984: by eraly 2000s it will be vital that tehmajorituy of hyumans knows that mans biggest risk is discrepoancy in incoems and expectations between rich and poor nations. My fathers 1984 prposed solution was not to wait for a 9/11- what if public braidcast media at the time digital media was becoming as mjassivhe hosted a worldwide tv apprentice show- where were apprentices helping youth resoilve local sustainability goals. The idea was that the braidcast reslaity show would join in with continous web debates. The mnumber 1 pupose of the web would be chnaging education around what eacfh locality needed its youth to collaborative solve. This is why the 30th and most exciting colaboration of the networks that have empowered billion poorest motehrs to end rura poverty is 100 aisa universities sgare their graduates in replicating susstainability innovation solutions corresponding to at least 50 million new worldwide livelihoods per innjovation . more here

If vyou look at where hyndered thousand rural community building solutions bgegan in 1972 – it was microframchsing local solutions to end starvation; today that matvhes with adapting the global food indusytry roiund 3 main things:

Reducing the nearlt thord of catbon emiisons that food markets are responsible for indlucing the madness of up to half of tehse emissions being designed round serbing the 1% richest eating needs

Ending hunger locally – I am not a great fan of how latge americans schols often are – but given the car and bus pooling these require why not make sure that there are bo food deserts wherever theye rae large sschools by making schools epicentre of fresh foods sustribution too. This is of course the opposite of letting bezos hollow oit the infrastucrure of usa which became the scanadla of how amazons serach for a second hedquarters invited 200 cities to propose in a race that amazon logics had already reduced to two, Even more maddeningly all tehse places said there propsosals were comnfinmdential instead of formin a opublicf bank which ai could have mapped as a fast start to improvibngt us infirasdtructure.

What we learn most of all from 50 years of poprest women colabo9rations to sabe the world is that since 1980s every 100 fold leap in tech could hace reduced the cost of the most basuic finaciual services every community needed wheraes the us anjd euroipe have done the opposiet. And then when the whole old western system colabpsoed in sybptime from late 2007 u=instead of leaping to a system that invested in youth and comnmunitys sustained gutu8res the same olg too big to fail banks were refinaced- so the younger half of the world had to pay for the kstalke o0f the richest old part of the world. And all this as we enetered the last but 2 decade for sustainabil8ity colaborations. Little wonmenbder the 20202s has started with oandemic methdown in usa and peace meltdown in europe. Will rich ooder white empires ever share exticntion-ending maps through human and artificial statistical reality. Ectinction as the world’s biggest mathematical mistake needs to be truly mediated now. Is there anything you’d like to help the Un Or the women or yout or the porest facing the most extreme neds for ai apps?-

previously wiill Macron win? 4/20 i just saw 30 minutes broadcast on france24tv/pbs channel 6pm eastern time wedenesday -in a century of really scary media this was awful - i am looking for a transcript- goodness knows what the 4 protagonists thought they were doing

any clues anyone?=========================

and now for something completely different - exercises from 2025 report last edition

======================== help showcase urgent debates - eg from g3 EconomistHealth.com what do americans think of this? HumanityCorp from HC rsvp chris.macrae@yahoo.co.uk Wash DC

One of Norman Macra's 7 biggest scoops was to meet John Von Neumann, and become his biographer. Thence part of The Economist's severe examination of leadershjip debated what they would do with Moore's Law 100 time more tech perd decade. As we race to 2025, we integrate over a trillion times more tech than moon race needed. Lets start with Alphabet Soup of what is now humans digital earth: AI 5G IOT Quantum Cyber Satellite-GPS Cloud Drone ... rsvp chris.macrae@yahoo.co.uk to add ingredients

dad norman macrae died of cancer june 2010- his obituaries- his last article dec 2008 on the sad consequences subprime would trap youth in - coming notes on remembrance parties across the globe- on his 10th parting we are also zoom-remembering- rsvp chris.macrae@yahoo.co.uk.. whilst blockchain-crypto may be the 7th wonder of can banking sustain humanitys lets not forgets tyhe foundations 1 financial litearcy curricula -bravo austriali'as 10000 girls and worldwide aflatoun . 2 how billion rural women banked to end poverty since 1970 and leapfrogged from 1996; 3 why industrial revolution 3 needed to connect above zero sum finacing models with all markets core to the sdgs; understanding how to humanise ai algorithms on banking and everything 5 why future histories need to unite us peopels faster than national boundaries separate us 6 what civil society collaborations will need to scale to triangularise world of big corporate and big gov

next only to education/health/safety, change in banking immediately changes lives of families and generations whereas infrastructure and natural resources multiply national impacts over time- financial services have at least 3 segments - how its designed for people, for big organisations, for pensions ang government

since 1950, in developed countries - quarter of humans) changes in tech have caused changes in finance first- some peoples have leaped into banking consider those most linked to developed west, development of china region, rest of developing world- we will map what happened to innovation of tech to the west which has had access to 4 tech revolutions from 1950 rural, space-communications, engineering , computing brain power- china that had access to rural revolution in 1970s, engineering from 1980s, all tech from about 2005, and bangladesh which accesses rural change from 1970, has for most of its people not yet accessed engineering change, has joined in other tech between 1995-2005 thanks to being the epicentre of ngo sdg economy - epicentre fazle abed- of course in a world of 200 nations there are other hybrid models but decide which if any of these three is one your peoples need to understand first because big data collection has gone global - see society 5.0 and osaka track g20 2019

key system transformations -paper non-digital banking operations, digital operations, consumer digital atm and cards and end of community banking. mobilising change in commerce and banking, integrating all post 1950 tech revolution- finance needed to be a future affair that teachers and students questioned before youth began livelihoods- since 1760 alumni of adam smith and james watt glasgow u birth of industrial revolution have recommended mediating these questions openly - how much of wealth and natural resources do the top 10 and 500 people control- is your society one in which 3 halves of people - women youth and poor each have less than 10% voice in the future of their generation

putting our species at risk- wall streets bankers and washington lobbyists and careless media moguls did the worst job ever at end of 2000s- can ny's biggest fund managers return the planet to all families as we enter 2020s - search worldrecordjobs -biggest marketmakers bezos and ma - then join us at economishealth.com -or help us value goal of worlds biggest -search - google versus microsoft; health&safety investor bloomberg vs soros; largest funds fink versus mitsubishi ; education for all schwarzman versus hongkong-singapore partners -supercity adaptability ban ki-moon versus masa-son; big decision makers events schwab vs guterres; rural villages fazle abed partners

we also thank the baltimore branch of www.chinacybercenter.com for sharing its investigative scholars of everything that's crazy about 21st financial services that thurgood marshall wouldn't have let rip chris.macrae@yahoo.co.uk

dec 2020 Washington thinktanks have become in most cases as dismal as the supreme leader trump making these exceptions absolutely brilliant 1 2

this economics policy series shows how banking in america has been serially designed to tip off the poor and the young - and even when the rich elders mess up they demand the poor and young bail them out- i now see why my father as early as 1980s described macroeconomics as totally fame political chicanery nothing to do with the origins system designs of the first 200 years of followers of adam smith moral sentiments- see also economistscotland.com

safety & HEALTHTECH.
H1

unite vaccine races entrepreneurialrevolution.city

economisthealth.com alibrac.com

EDTECH & loveQ..
E1

brac touring 50 years of fazle abed and worlds largest ngo partnership

masterclass100.com Economist's norman macrae foundation

.FINTECH.
F1

fintech

economistbank.com norman macrae foundation

2020 world richest

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..2012 SCRIPT- BACK IN THE 1970S CHINESE & BANGLADESH VILLAGE GIRLS PROVED THAT LIVELIHOOD EDUCATION CAN END WORLD'S DEEPEST POVERTY TRAPS; IN THIS DECADE I HOPE TO EMPOWER ALL ASIAN GIRLS TO SHOW THAT ONLY EDUCATION CAN END MIDDLE INCOME TRAPS AS WELL AS UNITE NATIONS ROUND SDGS..

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