AI's Potential for Shaping a Brighter Tomorrow: Can Businesses Employ AI Technology for Progress?
In the realm of economics, the Austrian school, which emerged at the end of the 19th century, has been a significant voice advocating for honesty and fairness. One of its founding fathers, Ludwig von Mises, held a perspective on combating harmful ideas or practices that was encapsulated from the Roman poet Virgil: "Do not give in to evil, but proceed ever more boldly against it."
During the same time period, Sigmund Freud was deeply immersed in studying the human mind and attempting to understand human behavior. This exploration of the human psyche was taking place alongside the development of the Austrian school, as economics was included under the broad subject of law, and hiring decisions were made by bodies of lawyers rather than economists.
The Austrian school believes that the use of inconvertible fiat money encourages governments to devalue currencies, destroy savings, and create inflation. This perspective has remained relevant in modern discussions about economic policies.
In the world of sales, honesty is essential for progress. Sellers may use unfair measures to gain an advantage, and buyers can claim a product isn't good to demand a lower price. However, a vision is needed to create a system that fosters fairness between buyers and sellers. Nikolaus Kimla, the CEO of Pipeliner CRM, a sales CRM solution designed by sales professionals for sales professionals, is one individual working towards this vision.
Technology, such as AI, can also play a role in promoting peace, fairness, and joy. While AI is much faster than humans at gathering and organizing large amounts of information, it doesn't possess vital human traits such as empathy and compassion, making it unable to achieve a genuine understanding of human behavior. There is a bias problem with AI, as humans create the rules governing AI.
Despite the unpredictability of humans, which the Austrian school acknowledges, society still desires honesty and follows the Golden Rule. Ancient warnings advise against dishonest trading practices among merchants, and the search for fairness continues to be a fundamental component of peace and real prosperity.
In the business world, organisations like the Forbes Business Council serve as growth and networking platforms for business owners and leaders. However, no direct match was found regarding an entrepreneur's membership in the Forbes Business Council in the provided information.
Sales can have a peacekeeping aspect, with both parties satisfied after a fair deal. This peacekeeping aspect is a reminder that honesty and fairness are not just ideals, but practical necessities for a harmonious society. Mises, Freud, and Kimla, each in their own field, have contributed to this ongoing discourse, reminding us of the importance of honesty, fairness, and the pursuit of a better, more equitable world.
