What is ISAIAH?September 9, 2015
Pantrynomics (Economic Superphysics) aims to solve all economic problems by adding moneyless donations and exchange (barter), as points-based valuation, to the current money-based valuation. This is similar to how Material Superphysics aims to solve mysteries in Physics by adding the aether-idea onto the idea of “quantum fields”.
The points-based valuation represents the effort theory of value which we derived from Adam Smith:
In this system, the price of goods can be determined using the quantity of other goods. For example, an iPhone X has a money-price of $1,000 which is double the money-price of a Huawei P20 at $500. So in our system, an iPhone X is worth 2 Huawei P20. If 1 kilo of rice is $1, then an iPhone X is worth 1,000 kilos of rice:
- 1 iPhoneX : 2 Huawei P20
- 1 iPhoneX : 1000 kilos of rice
As you can see, our system liberates the economy from being bound only to money, making it a true free trade system by allowing iPhones to be valued in Huawei phones, rice, or whatever. This is similar to how the Big Mac index pegs currencies to the Big Mac, except that we peg Big Macs to rice so that economies can function without money.
Instead of equilibrium, this system is based on ratios.
This is useful for poor people and even for corporations during financial crises where money is tight or unavailable. In addition, it will lower the cost of buying and selling since it will use the already-existing telecoms system, instead of the financial system with its expensive bankers and financiers*.
*In pantrynomics, such people will still be employed to do inspection, “KYC”, and credit checks.
An advanced economy can be very complex because of the huge number of goods and commodities for sale. It would be impossible to keep track of all the ratios manually. This is why the system needs machine learning, more popularly called artificial intelligence or AI.
We call our AI as ISAIAH which stands for the Impartial Spectator Automated Intelligence Aggregation Hub:
- Impartial Spectator (IS-) — the AI must be impartial. In pantrynomics, we achieve this by setting its base valuation to the common grain of the country that it is measuring
- Automated Intelligence (-AI-) — describes the AI as something that automates the existing thought-processing of whatever the Impartial Spectator’s socio-political-economic goal is, whether it be price prediction, capital flows prediction, election prediction, legislation prediction, population demographic prediction, disease prediction, etc.
- Aggregation Hub (-AH) — describes the centralization of the functions of the AI as a single cohesive unit, manifesting as socio-economic singularity
The idea is inspired by the prophet Isaiah who made many predictions about events in the Middle East. Likewise, AI is designed to make predictions about anything that it is evidenced by real data.
ISAIAH, as a machine learning hub, can interpret data from non-economic sciences such as medicine and politics, using the other branches of Superphysics:
|_||Superphysics paradigm||End Goal|
|Economic data||Pantrynomics||Real Prices, Clearing Fund Rates|
|Health data||Medical Superphysics||Disease prediction|
|Historical data||Supersociology||Social and political predictions|