Moriah Economic Trust

10/04/2023

Development of Artificial Intelligence (AI) can be considered fundamental to the advancement of many fields and industries. AI is a branch of computer science that focuses on developing intelligent machines that can perform tasks that typically require human intelligence, such as learning, problem-solving, and decision making. As AI technology continues to evolve, it has the potential to transform many aspects of our lives, from healthcare and transportation to education and entertainment.

One of the primary benefits of AI is its ability to process vast amounts of data and information quickly and accurately. This makes it invaluable in fields such as healthcare, where AI can help doctors and researchers analyze large sets of medical data to identify patterns and make more accurate diagnoses. Similarly, in transportation, AI can be used to optimize traffic flow, reduce accidents, and improve energy efficiency.

Another area where AI is proving to be fundamental is in the field of robotics. As AI algorithms become more sophisticated, robots are becoming increasingly capable of performing complex tasks in manufacturing, construction, and other industries. This has the potential to revolutionize the way we work and increase productivity and efficiency.

However, the development of AI also raises significant ethical and societal concerns, particularly regarding its potential impact on the job market and its ability to perpetuate biases and inequalities. As AI becomes more advanced, there is a risk that it will automate many jobs, leading to widespread unemployment and economic disruption. There is also a danger that AI algorithms may perpetuate existing biases and prejudices, particularly in areas such as criminal justice and hiring.

Therefore, while the development of AI is fundamental in many ways, it is important to consider its potential risks and ensure that it is developed and used in an ethical and responsible manner. This requires ongoing research and development, as well as careful consideration of the potential social and economic implications of AI technology. Ultimately, the extent to which AI is fundamental will depend on how effectively we can harness its potential while mitigating its risks.

15/06/2019

“The capacity to learn is a gift; the ability to learn is a skill; the willingness to learn is a choice.”
Brian Herbert

Make the right choice!

07/04/2019

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Socialism principles: All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.
When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that.
*Possibly the 5 best sentences you'll ever read and all applicable to this experiment...*

_1. You cannot legislate the poor into prosperity_ *by legislating the wealthy out of prosperity.*

_2. What one person receives without working for,_ *another person must work for without receiving.*

_3. The government cannot give to anybody anything_ *that it does not first take from somebody else.*

_4. You cannot multiply wealth_ *by dividing it!*

_5. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for,_ *that is the beginning of the end of any nation.*

*Can you think of a reason for not sharing this?!*

_Neither could I._

15/07/2018

Inclusive education goes beyond merely increasing enrollment of girls in schools, but making sure that the school environment is conducive for them to thrive and stay in school longer.

20/03/2018

Did you know?

In 1900, 41 percent of the US workforce was employed in agriculture; by 2000, that share had fallen to 2 percent (Autor 2014).

24/10/2017

Too often, persists from one generation to the next, but can likely play a key role in whether people can move up and out of poverty. However, a new report finds that the share of adults with more education than their parents stopped rising in the average developing economy since the 1960s. There are large gaps between countries. Only around 35% of today’s young adults in the average economy of Sub-Saharan have more education than their parents, compared to nearly 60% in the average economy of
(Source: World Bank)

15/07/2017

Do you know how to deal with your education system if it doesn't give you what you want?

Study two different curriculums simultaneously; study for your teachers and pass their exams and then study for your destiny and change the world!!!!

09/06/2017

Everybody wants development ; but not everybody,understands and accepts the basic requirements for development.

The biggest requirement is HARD WORK!!

-Nyerere, J. K

07/05/2017

With a working-age population projected to grow by 450 million by 2035, how can ’s soaring demographic help achieve broader shared prosperity and improve livelihoods across the region? The new Africa Competitiveness Report 2017 - a joint the World Bank Group World Economic Forum and African Development Bank Group biennial report - examines the barriers and challenges to achieving sustainable broad-based growth across the continent. Find out more here: http://wrld.bg/x5zG30bpwm

Ow.ly - Shorten urls, share files and track visits.

16/12/2016

A new World Bank evaluation shows that a conditional cash transfer program has successfully helped reduce extreme poverty, especially among female-headed households

A recent evaluation shows that the country’s conditional cash transfer program has helped reduce extreme poverty, especially among female-headed households.

26/01/2016

HOW TO REMAIN POOR!!!
1: Never wake up early. Keep stretching and turning in bed until you get too hungry to continue dozing. If there are no bedbugs, why hurry to get up? ...
2. Never plan how to spend your money. Whenever you get money, start spending it right away and when it is finished, try to count and recall how you spent it.
3.Don’t think of saving until you have real big money...... How can you save when you earn so little? Those telling you to save are not sympathetic to your burning needs.
4. Don’t engage in activities usually reserved for the “uneducated.” How can you, a graduate, engage in petty trade or home-based production? That is for people who never went to school.
5. Don’t think of starting a business until an angel comes from heaven and gives you capital. How do they expect you to invest before you get millions of Dollars? Even though more than half the businesses in your town were started with a few hundred Dollars, you, as a smart person, can only start with millions.
6. Complain about everything except your own attitude: Blame the system, the government and the banks that refuse to lend you money. They are all bad and do not want you to get rich.
7. Spend more than you earn. To achieve this, buy consumer products on credit and keep borrowing from friends and employers.
8. Compete in dressing. Make sure you wear the latest clothes among all the workers in your office. Whenever your neighbor buys a new phone, get one that is more expensive.
9. Get yourself a nice second- hand (used) car that costs more than three times your gross monthly pay. That will surely keep you in debt long enough to hinder the implementation of any bad plans that could make you accumulate capital.
10. Give your children everything they ask for since you're such a loving parent. They should not struggle for anything because you do not want them to suffer. That way, they will grow up lazy and hence poor enough to ensure they can't help u in old age

24/09/2015

Youth are the biggest asset we have; they're key to sustainable and equitable economies, societies & development.