Welcome! fisc is an abreviation of 'flexibility is cool'. The site is a collection of blogs to promote the use of flexibility in our personal and professional lives, to help manage uncertainty and achieve growth.
So much focus on machines taking people’s jobs. So little focus on the proportion of total work tasks done by machine versus human. And how that’s changing over time.
So much focus on machines taking over human jobs. So little focus on human biases & negative emotions in the workplace holding back human productivity and job creation.
If it can be easily traded and easily validated, it can be easily automated.
Differentiate on human flexibility in niches that machines cannot be flexible in. It starts with better understanding human flexibility – something big and hiding in plain sight.
Increasing efficiency by machines leads to commoditisation. Increasing ingenuity by humans leads to monopoly pricing. Therefore whether human or machine, play to your strengths.
First there were village artisans and locally sustainable producers that their communities valued. Then came synthetic commodities and mass consumerism, produced by an industrialised and increasingly automated market economy, fuelled by consumer debt. It’s a test of human flexibility how much to bend the arc of future progress, in favour of globally sustainable, artisan goods and services.
True flexibility makes options. It also leaves the options not chosen, available for later use.
Arguably we all need to be futurists. Embracing flexibility will make futurism less daunting.
Are dairy farmers a model for how man-machine partnerships should work? Dairy farmers made hay and mud bricks until they discovered milk production was more lucrative. Cows are the intelligence that convert grass into a substance that gives our physiological systems the ability to be more healthy and act in smarter ways. The rest is up to us!
The best markets have the greatest flexibility. Both in trading and in regulatory compliance.
In the same way data security software monitors data networks, automated regulators need to monitor market trading and evolve as fast as markets evolve.
Regulatory agents aren’t there to impede trading per se. But to limit the task of their peers in welfare means-testing (or UBI) for parts of the community that markets don’t reach.
AI needs to become an acronym for assisted initiatives, absent inequality and augmented innovation.
Strategic planning time is probably as scarce in our personal lives as it is in our professional lives. In both, assuming more of the same may be necessary. But developing a strategy is also needed, since significant external change will likely disrupt the present day momentum. As with the surge in a waterflow, the more powerful the flow, the more eddies there are to examine for opportunity as well.
Developing a strategy to manage our careers involves being resourceful & flexibile in finding gaps in the market that we can fill and that the market will value. Some gaps in the market are about product or service improvement (depth or breadth). Others, in an age of uncertainty and constant change, are about providing insight.
Three types of people will pay good money for insight. Those who have the most to lose. Those on the way up who want to reach financial stability sooner. And those who desperately need a solution.
One of the most important services that AI will likely provide is to properly value insight. Without all the biases, egos and prejudices that humans hold dear. AI will show us all what flexibility really means.