Beyond the China Price: Can Democrats Shape a New Industrial Strategy for the AI World?
The age of cheap Chinese labor may be ending, but the age of cheap goods is not necessarily ending with it. Rather, the source of affordability is shifting from human labor to machine intelligence. China could easily stay in the game. The next chapter of globalization may therefore be defined not by where factories are located, but by how effectively computation itself becomes a factor of production.
The Global Spreadsheet Goes Distributed: Blockchain, USD Liquidity, and Time-Space Power
Blockchain creates a new form of time-space power that is globally distributed, computationally recursive, continuously synchronized, and increasingly programmable.
Neutralizing the Milkshake Effect in SACT-AI Bancor/ICU Monetary Coordination
SACT-AI transforms the milkshake effect from an extractive force into a managed, symmetric flow. USD shortages are neutralized because liquidity is generated within the Bancor ledger rather than being pulled from peripheral markets.
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.
Will BRICS Effectively Tokenize Rare Earth Elements to Back a New Currency?
Rose Mason in Medium makes a compelling plea for the tokenization of Rare Earth Elements (REEs) currently in high demand around the world. From another angle, Cyrus Janssen presents an intriguing but ultimately flawed argument that the BRICS+ countries will use REEs to back a new currency to challenge the US dollar.[1] This post examines […]
Tokenization of Gold in Blockchained Spreadsheet Capitalism
In spreadsheet capitalism, tokenized gold becomes a substituted signifier for the financialized metal. Vaulted bullion becomes a tradable token represented in a spreadsheet cell. Gold becomes a computable variable (risk metrics, yield structures, algorithmic trading inputs) and a synchronized signal in the global financial grid. Real-time ledger entries are harmonized with financial terminals and portfolio dashboards.
The International Politics of Domain Name (DNS) Governance, Part 3: ICANN and AI
The change from IANA to ICANN resulted in the successful stewardship transition in 2016, transferring oversight of critical Internet functions from the US government to a global, decentralized, multistakeholder model. These changes reflected the Internet’s growth, the need for more inclusive governance, and ongoing efforts to address security, accessibility, and internationalization challenges.
Excel vs. Java: Two Languages, Two Worlds of Thought: Symbolic Grid vs. Algorithmic Script
Excel and Java embody two distinct computing traditions — the grid-born, spatial logic of accounting versus the engineered, algorithmic logic of software — each transformed the world in its own domain.
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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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