This is the official Perth blog site for posts, comments, and other contributions about leadership, behavioral finance and economics, and about management generally, as well as other related topics that take our fancy.
Dr. E. Ted Prince is CEO and Founder of the Perth Leadership Institute, which has developed unique leadership assessments for financial leadership and business acumen. He is the author of The Three Financial Styles of Very Successful Leaders, published by McGraw Hill in 2005 and since published in China, India and Taiwan and Business...
Dr. E. Ted Prince is CEO and Founder of the Perth Leadership Institute, which has developed unique leadership assessments for financial leadership and business acumen. He is the author of The Three Financial Styles of Very Successful Leaders, published by McGraw Hill in 2005 and since published in China, India and Taiwan and Business Personality and Leadership Success: Using the Leadership Cockpit to Improve Your Career and Company Outcome published by Amazon Kindle in 2011. He has numerous publications in the area of leadership, management, human resources, business strategy and technology and is a frequent speaker at industry conferences. He has held the positions of Visiting Lecturer at the University of Florida and Visiting Professor at the Shanghai University of Finance and Economics. Dr. Prince has been CEO of several companies in the technology area over a period of 20 years including Chairman and CEO of a public company for 6 years. He has also been on the boards of numerous other companies including several public companies. Dr. Prince holds a BA First Class Honors degree in languages and political science from the University of New South Wales in Sydney, Australia, and MA and Ph.D., degrees in political science from Monash University in Melbourne, Australia.

AI Leads Inexorably to Stratospheric Levels of Global “Safe” Debt

AI will cause the world to overload on debt purportedly designed to be “safe” by our AI masters.In the process it will reinvent economics and finance from the ground up at least partly based on the new kids on the block of behavioral economics and finance.These will provide new and disturbing ways to manipulate the unsafe borrowing behaviors of con...

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How About We Give Greater – Not Just Equal – Rights to Women?!

Post Summary: Men holding the power is the fundamental structural impediment to ending global war and poverty and extending good health to all. The Second(ary) Sex Which astronauts will be the first to go to Mars, men or women? Seems like women win this race.(“Study finds female astronauts more efficient, suggesting future space missions with all-f...

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The James Webb Telescope – The Bland Leading the Blind?

The JWT, no matter how technologically sophisticated and amazing it is, is showing only a tiny fraction of what it could. Shouldn’t it show us GPS-like maps and graphic pictures of travel directions? Here is my vision of the new super-duper images from, the (AI?) enhanced super-telescope. Dazzle Without the Frazzle! The JWT (James Webb Telescope) i...

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AI IQs About to Follow Moore’s Law?

Is the Singularity about to hit humanity, unexpectedly? The AI Virus? I don’t have to tell you that le nouveau AI is all over the place. All the big techs are now in it or rapidly getting in but that isn’t the half of the story. The big news is that thousands of companies and organizations are now getting in. They come from all over including our g...

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The First Global Nuclear Depression?

It’s going to be a wild ride which probably won’t end well. A Nice Little Recession We’re seeing a number of signs which predict a US and probably a world recession. The bank runs are part of the story. The collapse of crypto currencies is another. Add to that the layoffs, of which I rate Disney’s as the most important and the most symbolic. We can...

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The Only Credible Pathway to Avoid Climate Disaster is Nuclear War?

Choose your poison. We can avoid the damage caused by climate change simply by nuking ourselves. Do You Want Your Carbon by Air, Or Radiation? I’m sure you noticed recently that the UN Environment Program issued a statement that there is  ‘no credible pathway to 1.5C in place’, i.e. we can’t achieve the goal of limiting the average rise in global t...

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Can ChatGPT Make Stone Tools?

Is ChatGPT independently evolving its own kind of intelligence? A Brain Made of Stone? What would you think if someone told you that animals can make stone tools? No doubt it’s rubbish you would say. What if the animal was an ape, but not human? Even more so. But check it out here (“Sophisticated stone tools may predate humans, study suggests”). Wh...

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Did the James Webb Telescope Just Show Us the Universe  Neighboring Our’s?

Has the James Webb Telescope (JWT) just revealed a totally new universe which we can now physically see? Mirror, Mirror, on the Wall? The JWT was always going to be interesting because it can see so much that we’ve never seen. One of the things we wanted to see was the edges of our universe. Current theory says that limit happens to be around 13.5 ...

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Can AI Find a Cure for Alzheimer’s?

The big, big problem. No cure so far for Alzheimer’s, none in sight. We need to try something really new. How about ChatGPT? Physician Cure Thyself I’m sure I don’t have to tell you that AI, and in particular the product-du-jour is ChatGPT from OpenAI. It has already achieved some outstanding feats, such as being able to write fluent, convincing an...

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TikTok - Fight Fire with Fire

Banning successful movements like TikTok is the way to lose global leadership, not to regain it. Banning Success the New Autocracy? I guess you have noticed the swelling chorus to ban TikTok, the Chinese uber-social network. The motivation for the ban is the security threat from China represented by TikTok. It has de facto hacking rights over of mi...

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Harry and Meghan - Trash Talk Is The New Content Creation Last Mile

Newfangled AI content means none of us has to be innovative. There’s a better way which doesn’t require anyone to be innovative. Its trash-talking. Talk is Cheaper I guess you’ve heard about ChatGPT? That’s the phenom AI-based chatbot that can fool just about anyone into thinking that what they’re reading was penned by one William Shakespeare, and ...

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Does Exercise Really Make You Smarter?

We’ve been schooled into believing that exercise improves cognitive performance. Now we have a scientific trial that says it doesn’t. What do we do now? Slothfulness Beats Godliness? Once every so often you get data that upsets the whole applecart. Here is one of them. Researchers at the University of Washington and the University of California San...

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Wishful Thinking or Just Tragic Delusion in Alzheimer’s?

Yet another Alzheimer’s drug, lecanemab, is hitting the FDA seeking approval, but looks to be of marginal benefit at best. Wishful thinking is squelching the radical actions we need to take to break through to a cure. Without radical thinking we will never get a cure for Alzheimer’s. More is Less The history of Alzheimer’s drugs continues to be dep...

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Do Aliens Evolve Backwards?

When/if we see aliens, they would have evolved from where they were when we first saw them. But could they have evolved backwards? There’s Gold in Them Thar Hills The James Webb telescope is getting into its stride. Now its discovered active atmospheres on exoplanets. The telescope has actually made an inventory of the chemicals in the atmosphere o...

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Military Innovation Kills Resources for Climate Change?

New forms of tech are pumping up military innovation and spending which will increasingly crowd out innovation for disease and social purposes and inevitably for climate change. Generatively Speaking Have you heard of generative AI? It’s the latest in tech. Maybe tech has peaked but not in this particular area. Generative AI is the next quantum lea...

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Is “Avatar” Actually About Whale-Speak?

Can Pandorans Speak Whale? It might be that the only way we can ever understand an alien language is by figuring out how to understand what terrestrial animals are actually saying. On a Planet, Far, Far Away You might have noticed that the movie “Avatar” is about to get a sequel “Avatar: The Way of Water”. Avatar is one of my old-time favorite movi...

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Quantum Wampum – Another Perpetual Motion Machine?

  Quantum computing looking increasingly likely to be the next tech bubble. What is Quantum? Did you notice that the Nobel in physics has just been awarded to three worthy physicists in the area of quantum information? What’s that you say? I’m the wrong guy to even try to explain it but for dummies like me, see here. It covers esoterica such as qua...

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Chess Predicts Ukrainian Win - if Putin Threatens Nukes

Ukraine and Russia are both chess world powers. Who is winning through the prism of the chess board? The Peace Count Both Ukraine and Russia are powerful chess powers. So, as an admittedly poor player myself, I thought it would be worth figuring out who’s in the better position on the chess board. Here’s my take. Pawns – These are the foot soldiers...

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Big Bang or Tiny Pops?

Data from the James Webb Telescope suggest that there might not have been a Big Bang. What about countless tiny pops? The Big Bang is Dead, Long Live the Tiny Pops If you want to look truly up with the latest, just tell your credulous colleagues that the James Webb Telescope (JWT) shows us that the Big Bang didn’t happen. Instant street cred for su...

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My Brain Hack for Innovation

Here’s a way to get solutions to problems. It isn’t new but many people wouldn’t know about it. Happy to Introduce you to Joe It’s possible to program your brain to become more innovative.  But you mustn’t meddle with your brain; it likes to call its own shots. It doesn’t like to be told what to do either. I want to pass on to my readers a hack I h...

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