E0006 1/4: Thermodynamics & The Three Functions Of Money: What Is Value?

This is the first of the four-part series, "Thermodynamics & The Three Functions Of Money". This first quarter-episode is titled, 'What Is Value?" It turns out that value is quite a bit trickier to quantify than one might think. In order to inspect the three functions of money through the lens of thermodynamics, we have to first find a way to objectively quantify value. This episode details that specific reduction. The ideas in this episode are crucial to understand before addressing the topics of the next three episodes. ---------------------------------------------------------------------------- The STEMPrime Researchcast is a podcast designed to bring the viewers along with me during the primary research phase for the AI STEM Drive Each 'supplemental' is a short segment consisting of thoughts and ideas which are relevant to current events. Supplemental episodes are not beholden to any specific platform or a schedule. Regular episodes will be uploaded every Monday. The AI STEM Drive is being developed by Phobos Technologies LLC ---------------------------------------------------------------------------- If you are a scientist, researcher, or professional in a relevant field and you feel you have something to contribute to our efforts - please send me an email with "interview" in the subject line. Thank you, --Thomas Wright