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About the BullBear Market Report

Since 2008, Steven Vincent has published “The BullBear Market Report” at www.TheBullBear.com to private subscribers. Now BBMR will be integrated into The Singularity Project.

For some years now, it has been Steven’s analysis that we have already entered a post-capitalist economic regime. The predominance of debt monetarism means that, functionally, capital no longer drives the national and global economies. Current economic activity is primarily driven by future value brought forward into the present through debt. Debt does not represent current value; it represents the potential for future value. Since capital is value generated from the transformation of diverse inputs into a functional increase in new use value, the system can no longer be considered capitalist.

Debt monetarism is, however, merely a transitional stage. It is a massive bet on the future. It is a gamble that we will be able to borrow from the future to bootstrap the exponential growth of current value generation. Will this wager pay out?

If Artificial Intelligence and its associated technologies is successful, then a fundamentally new economics based on Intelligence will be born. There are strong reasons to think that this is, in fact, in its nascent stages now. The economic flywheel of Data-Information-Intelligence will spin, exponentially increasing the generation of new economic value and producing a fundamental transformation of society and the world.

If, on the other hand, the AI technological revolution is somehow aborted, then the global economy will collapse under the weight of the unsustainable debt burden and the promised future will not be realized. A descent into war, chaos and darkness is a real possibility in that scenario.

So economically, humanity is at a very real crossroads. We can progress into a bright, new future based on Intelligence Economics, or we can cling to past models that have already exhausted themselves and risk falling into a new Dark Age.

One of the deciding factors is the extent to which we can conceptualize this reality and the choices that it poses. This includes the ability to understand the nature of economics in terms of the general principle of Entropy as well as the rigorous description of the principles of Intelligence Economics.

Going forward, The Singularity Project will serve the economic future of humanity by:

• Continuing to regularly issue analysis on financial market and economic conditions to orient investors and traders

• Analyze labor market conditions in relationship to the technological revolution and propose strategies for a successful transition to a fully AI-driven economy, including public and private policies for “Universal Basic Income” and other support mechanisms.

• Develop the fundamental theory of Entropy Economics so that the future of economic development can be properly contextualized

• Develop the fundamental theoretical and operational principles of Intelligence Economics to guide and shape the new emergent economy

Through a mix of public and subscriber-only content, we will help our readers to prosper and prepare for the dramatic changes that are in progress. And we will be at the forefront of forging the new modes of thinking required to understand and cope with the new economic reality as it develops.

Subscribe for access to regular updates and exclusive content: $20 per month or $200 per year