What does it take to build an economy? What should be the strategies for building AI, robotics, biotech, and nuclear-fusion tech economies? I ask myself those questions frequently, and I strive to answer them.One thing I always keep in mind is that the ultimate goal of capitalism is to create excess in both production and consumption.To me, building a business means successfully creating excess in production and consumption in one or more business fields or areas.(Early-plugs insertion point. A few seconds of silence in audiovisual.)In engineering an economic development, I consider the production side of economy, and the consumption side of economy.The first thing I think about in building a business is deciding what I want to produce, and what I want people to buy and consume.The second thing I think about in building a business is finding and implementing the ways to produce what I want people to buy and consume.The third thing I think about in building a business is finding and implementing the ways to enable people to buy and consume what I want them to buy and consume, such as building a sales channel.Of course, people will not buy and consume everything I produce, so there has to be trial and error in finding out what people will buy and consume from me.I think AI and robotics as production tools will be enormously big; I’m sure that AI and robotics as production and consumption tools will enable people to produce and consume much more according to their own tastes, preferences, and decisions.What kinds of technological tools in AI, robotics, biotech, and nuclear-fusion reactors powered outer space tech do I aim to produce and market that will enable people to produce and consume more? I’ll keep on answering that question, and I’ll keep on publicly communicating my answers.
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I am Allen Young; I’m an Asian-American man who focuses on advancing AI, robotics, human longevity biotech, and nuclear-fusion powered outer space tech.