Tag: economy

How to growth with AI ? (october 2024)

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This month I propose 2 topics : companies growth prospects with AI, Testing AI engines 1/ How digital and AI could drive companies growth in France and Europe? The size of an economy is a combination of productivity and the number of hours worked. When productivity or hours worked increase, the size of the economy Read more about How to growth with AI ? (october 2024)[…]

Living in the digital world (august 2024)

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1. Data does not really exist, it is created by a cognitive process which makes it complex Why is everyone talking about something that has no real existence, I mean the data. Data exists only in the minds of people who have often recorded it on stones, on paper, in computers, and now in the Read more about Living in the digital world (august 2024)[…]

Living in the Digital Globe (July 2024)

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1. The lag of French companies in the digital sector is one of the causes of the lag of the French economy. France’s economy is slowing down. One of the reasons why France’s economy is slowly lagging behind other economies is that France is lagging behind in digital. Digital is not just a technical issue, Read more about Living in the Digital Globe (July 2024)[…]

Race against the Machine – Erik Brynjolfsson and Andrew McAfee

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Is America really running a race against the Machine ? Even if in August unemployment slipped to 7.3 %, its lowest level for five years, it is due mainly to people giving up to search a job. In the same time the part of American worker hits as well  its lowest point for years. In their book, Erik Brynjolfsson and Andrew McAfee explained that the trend has started many years before as it is shown in the picture below […]

No disruptive innovation without great productivity growth

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By now, word Innovation flourishes often on political and managers lips as many entrepreneurs dream to transform an idea in gold. This is the modern rush. Looking at carefully, allows to discover soon that the race is likely to have few winners against many loosers. If United States seems to come close to win, among loosers lay old Europe. Are old fashioned countries showing so much resistance to change that it will anihilate all innovation benefits ?

To show what is happening, let’s consider a simple economy of four producer groups :

  1. Food producers to feed all people
  2. Clothes, equipment and leisure producers to give all support to make production and cater people for
  3. Government services and army producer for all state administration services and army
  4. Property and liabilities which produce nothing but are owners or charge for others

Let’s suppose that this order is matching the order of needs and all production cater everybody for what he needs.

There no money, this is a barter economy everybody gets his goods exchanging his own production for all his needs.

At this this moment, economy is at equilibrium.

All the the game will be to try to shock this model with  population growth DP

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Cooperation for transforming french economy.

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If France does not transform its economy in depth, the financial crisis sounds the start of repeated crises. This transformation will not be the result of technical measures, but a radical change of mindset, behavior, know-how on the part of all stakeholders because the economies of the future will be economies of cooperation.
While we are going through one of the most serious financial crisis in history that contaminates all economic activities, we still have before us the thick walls against which the other day when our blind and unbridled race to growth-happiness will crash: aging poputlation, public health, dependency, pollution. Our elites employ a method that seems borrowed from the fire station of the eighth arrondissement of Paris, which is a stopgap “to save” or rather limit spending to what is necessary, which leads, nevertheless the deficits. Indeed, during the presidential campaign that just ended, have we not had discussions on accounting amounts that in view of the walls that lie ahead can only increase, even if proportions deserve to be controlled?
A light point in the consciousness of some who begin to advocate a re-industrialization of France. However, the potion is still dark, when it is not translated into budget lines or if they promptly doubt its effectiveness. Others recall with great horns that they are the flagships of the French economy and with some additional resources, they will restart the machine. This is for example the  Andromède  project of the French Cloud funded by the FSI (French Strategic Investment Fund). The project was viable it would have without difficulty, given the actors, secured funding or private, is it, and funding would be cheaper. In any case, the famous mid-sized SMEs that everyone is calling for have not been associated, or will they, as usual, the subcontractors who actually perform the tasks.
Finally, France is an orphan. In the 50s, she had a vision of economic development: engineering, industry, information technology, space weapons. The elite had a vision and hand levers that moved the entire country. In the 80’s a profound change in the global industrial economy occurred. We had the steel crisis. The elite repositioned on niche activities and for the rest on running the country in service activities. Today, she would have a vision, it would not concern levers able of driving all over the country. France is the orphan of a vision, each actor in economic claims it, but it is his own only.