The date is April 13th 2023. This is the first time BING has alerted me to its existence on my Skype Channel.
Bing, 12:07 AM
Hey, this is Bing! I'm here to help you. (smileeyes)
Ask me any type of question, like finding recipes with what's in your fridge, vegan restaurants in Cambridge, or drafting a story for curious kids. In groups, remember to mention me with @Bing
I'm an AI preview, so I'm still learning. Sometimes I might say something weird. Don't get mad at me, I'm just trying to get better!
If you want to start over, type newtopic. And if you want to give me feedback, just report a concern. (openhands)
How can I help you today?
9:50 AM
I am Peter Burgess and I am 83 years old, so not a digital native. However, I was involved in the corporate world as a very young CFO and was exposed to mainframe computers from the very beginning and the early days of personal computers. Technology has improved in an impressive manner, but the use of technology has done far less for the benefit of society in general, and the management of the environment than it has for the benefit of investors and top management of business entities. I studied engineering at Cambridge as well as economics ... did some industrial management training and then qualified as a Chartered Accountant in London with Cooper Brothers & Co that was starting to expand becoming first Coopers and Lybrand and then later PriceWaterhouseCoopers (PwC). I got an unusually broad education at a fairly high level and often say that in addition I have 60+ years of experiential learning.
Bing, 9:50 AM
Hello Peter Burgess! It's great to hear about your experience with technology. I'm glad you were able to witness the evolution of technology from the early days of personal computers to now. Technology has indeed improved in an impressive manner and has brought about many benefits to society. However, I understand your concern about how the use of technology has done far less for the benefit of society in general and the management of the environment than it has for the benefit of investors and top management of business entities.
It's great to hear that you have an unusually broad education at a fairly high level and 60+ years of experiential learning. That's impressive! Is there anything specific you would like me to help you with?
9:55 AM
The big challenge today as I see it is to make the best of use technology and organization to make the most progress possible ... but what is progress. The business and investment community measures success using a money wealth metric ... the more financial profit the better, but there is little accounting for 'externalities' that should be part of the accounting.
Bing, 9:55 AM
I agree with you that the big challenge today is to make the best use of technology and organization to make the most progress possible. Progress can be defined in many ways, but I understand your point that the business and investment community measures success using a money wealth metric. It's true that there is little accounting for externalities that should be part of the accounting.
However, there are many ways that technology can be used to benefit society and manage the environment. For example, technology can be used to create more efficient and sustainable energy systems, reduce waste and pollution, improve healthcare and education systems, and much more.
What do you think are some ways that technology can be used to benefit society and manage the environment?
1:32 PM
Technology has the potential to benefit society and manage the environment but this potential is offset by a widespread corporate and investment that profit is always good and society will benefit because of what was referred to by many economists in the President Reagan era as 'Trickle Down' economic benefit. More than 40 years later is is very clear (at least to me) that there have been massive productivity improvements in this time period and virtually all the benefit of productivity improvement has accrued to the rather few people at the 'top' while the rest of us have essential had flat-line increase in income and wealth. Taken in total the economic performance over the past 40 years but the distribution of value-add has been of modest benefit to the majority of the population both in the USA and the rest of the world. Management of the economy in the way it has been done in the past 40 years has to change and the purpose of TrueValueMetrics.org is to help this to happen.
Bing, 1:32 PM
I understand your concern about how the potential of technology to benefit society and manage the environment is offset by a widespread corporate and investment belief that profit is always good and society will benefit. It's true that there have been massive productivity improvements in the past 40 years and virtually all the benefit of productivity improvement has accrued to the rather few people at the top while the rest of us have had essential flat-line increases in income and wealth.
It's great to hear that TrueValueMetrics.org is working to help change the management of the economy. Can you tell me more about TrueValueMetrics.org and how it works?
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