Last Updated on: July 29, 2022
Economics of Infinite FlowJul 18, 2022
Over the next two weeks, our adviceblogs will focus on the economics of Infinite Flow.
The purpose of these adviceblogs is to demonstrate how major economic laws and theories support the principles of Infinite Flow and the Happiness Circle. The line-up from July 18th through July 29th is:
7-18: Law of Diminishing Returns
7-19 The Invisible Hand
7-20 Law of Diminishing Marginal Utility
7-21 Creative Destruction
7-22 Value is Subjective
7-25 Prospect Theory
7-26 General Equilibrium
7-27 Division of Labor
7-28 Say’s Law
7-29 Rational Choice Theory
These adviceblogs will be integrated into the upcoming Infinite Flow guide along with charts and graphs as examples.
Cafe CHAOS News
Infinite Flow uses the elephant and the mice together to form a more perfect union and to allow continuous innovation at the business operations level.
CHAOS Tuesday News
In Wisdom Wednesday # 12 and CHAOS Tuesday Show # 133. we discuss how artificial intelligence and machine learning (AIML) the project management profession. Our guest of this show is Peter Taylor author of a new book titled “AI and the Project Manager: How the Rise of Artificial Intelligence Will Change Your world”. In this program we will discuss the overview of the book. We talk how AIML will drive projects in the future. In addition, we talk about what PMs do when AIML takes over projects. Will projects be more successful under AIML? What about the data feeding AIML, and what does it mean for accuracy of decisions?
In this show you will take away:
- · Overview of the book
- · 5 AIML-PM things you need to know
- · How AIML will Change PM
- · What AIML means to PM Tools
- · Should PMs be concerned
Rational Choice Theory is a long-established economic hypothesis going back to the writings of philosopher economist, David Hume (1711-1776).