When the Fed Speaks, Global Spreadsheets Reformulate the Future
The modern world economy operates as a synchronized symbolic computation system. A rate cut, therefore, triggers not a single reaction but billions of linked recalculations occurring simultaneously across financial terminals such as the Bloomberg Terminal, BlackRock’s Aladdin, LSEG’s Workspace, and the Wind Information Terminal. The moment the announcement appears, spreadsheet logic activates globally.
Stablecoins, SACT-AI, and the Future of Global Liquidity for Sustainable Development
Citation APA (7th Edition) Pennings, A.J. (2026, Apr 28) Stablecoins, SACT-AI, and the Future of Global Liquidity for Sustainable Development. apennings.com https://apennings.com/political-economy-of-media/stablecoins-sact-ai-and-the-future-of-global-liquidity-for-sustainable-development/ Introduction The impending implementation of Treasury-backed stablecoins suggests a the onset of a profound shift in the architecture of global finance. What appears, at first glance, to be a technical innovation in digital […]
From Gold to Grid and the “Information Standard” to the SACT-AI Engine
The blog post explores the transition of the global monetary order from the physical gold standard of Bretton Woods to Walter Wriston’s “Information Standard,” and finally to the proposed SACT-AI (Substitution, Abstraction, Computing, and Telecommunications) framework. It argues that money has transitioned into “Spreadsheet Capitalism,” where national economies are managed and disciplined by digital grids.
(SACT)AI Monetary Coordination: Bancor vs. SDRs
In the age of SACT-AI, the world now possesses the technological tools, symbolic computing, real-time telecom synchronization, and multi-agent governance, to implement a true bancor-style architecture that resolves the structural flaws embedded since Bretton Woods.
USD Shortages and Global Solutions with Bancor/ICU and (SACT)AI
A USD shortage is not a lack of physical dollars. It is a shortage of dollar-denominated balance sheet capacity in the global financial system. Global trade is primarily invoiced in USD, debt is denominated in USD, and the most efficient collateral is USD Treasuries. The numbers reveal something profound. The world does not lack liquidity, it lacks a mechanism to allocate it globally. There is enough collateral, production, and demand. But not enough coordinated balance sheet capacity.
Seven Phases of Global US Dollar Transformation: Past and Future
The history of the US Dollar is not a story of static dominance, but of ruthless technological adaptation. The US successfully maintained its hegemony of liquidity by shifting the substrate of its currency from Gold to Information and to Code (Stablecoins/AI).
Remediating the Blurred Lines of Human-AI Collaboration in Disaster Management and Public Safety Communications
Drawing on Bolter and Grusin’s theory of remediation, with its two logics of transparent immediacy and hypermediation, we can piece together how AI can function as a next-generation operating system for Common Operating Picture (COPs) in disaster management and public safety command centers, dashboards, and mobile Personal Operating Pictures (POP).
APEC Presentation: Healing the COP (Common Operating Picture) with AI and APIs for Disaster Management
Among the various mechanisms and tools, we focused on the Common Operational Picture (COP) as a mediation tool that can incorporate novel technologies, such as AI and APIs, and create value for disaster leadership in response to climate variance and data variance. COP is a shared, real-time view of operational data for decision-makers, teams, and agencies involved in multi-agency disaster risk reduction operations. By providing up-to-date information through dashboards and alerts, COP supports situational awareness and coordinated action.
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About Me
Professor (full) at State University of New York (SUNY) Korea since 2016. Research Professor for Stony Brook University. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, digital economics, and global political economy
You can reach me at:
anthony.pennings@gmail.com
apennings70@gmail.com
anthony.pennings@sunykorea.ac.kr
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