Peter Bretscher

Engineer, enhancing economic reasoning systems (cognitive tools), includes intangible assets and subjective values, hybrid value metrics

[Peter Bretscher @peterbretscher]

Case for re-engineering old theories. Go to https://t.co/bdAmeNS0EF

[Peter Bretscher @peterbretscher]

Classical economics (economic theory) is the black swan of the Intelligent Age.

Intangibles + hybrid value vectors show what comes next. https://t.co/bdAmeNS0EF

[Klaus Schwab @ProfKlausSchwab]

We are moving with exponential speed into the Intelligent Age.

The #IntelligentAge is not just characterized by artificial intelligence. It will overturn the logic of the industrial world:

1️⃣ Intelligence Replaces Energy as the Primary Source of Power
The Industrial Age was built on coal, oil, and electricity. The Intelligent Age is built on artificial intelligence and data. Power no longer belongs to those who control resources but to those who control algorithms.

2️⃣ The End of Standardization
Industrial society worshipped uniformity. Assembly lines shaped economies and minds. The Intelligent Age destroys sameness. Personalization at scale becomes the norm. Mass production gives way to mass individuality.

3️⃣ The Collapse of Linear Thinking
Industrial logic was linear: extract, produce, distribute. The Intelligent Age is nonlinear, adaptive, self-learning. Static systems will fail. Only intelligent ecosystems will survive.

4️⃣ The Redefinition of Work
Machines once replaced muscles. Now they challenge cognition. Entire professions will disappear. New ones will emerge overnight. Work will not be stable - it will be continuously reinvented.

5️⃣ Trust Becomes the Ultimate Currency
In the Industrial Age, capital was scarce. In the Intelligent Age, intelligence scales infinitely - but trust does not. Societies that lose trust will lose stability.

6️⃣ Sovereignty Is Transformed
Industrial power strengthened nation-states. Intelligent systems ignore borders. Cybersecurity, AI, quantum networks operate globally. Governance must evolve or become irrelevant.

7️⃣ Hierarchies Will Be Challenged
Industrial institutions centralized authority. The Intelligent Age distributes influence through platforms and networks. Leadership without legitimacy will collapse.

8️⃣ Education Becomes Permanent Infrastructure
The Industrial model educated once for a lifetime of work. The Intelligent Age requires lifelong reskilling. Learning becomes the backbone of economic survival.

9️⃣ GDP Is No Longer Enough
Industrial success was measured in output. The Intelligent Age will measure resilience, adaptability, sustainability, and collective intelligence. Growth without systemic intelligence becomes fragility.

🔟 The Ultimate Shift: From External Expansion to Inner Evolution
The Industrial Age expanded outward - territory, factories, markets. The Intelligent Age forces inward evolution - ethical judgment, responsibility, cognitive maturity. Technology advances faster than moral frameworks. This gap defines our era.

[Peter Bretscher @peterbretscher]

Congrats to Mokyr, Aghion & Howitt on the #NobelPrize for innovation as creative disruption!
But what if economic theory itself is ready for disruption?
Explore the next paradigm—intangible assets, multidimensional value, smarter economies:
🔗 https://t.co/bdAmeNS0EF
#ProjectNEMO

[Peter Bretscher @peterbretscher]

Re-engineering Business Administration for smarter, more sustainable enterprise management. Explore the models: https://t.co/UtLdet39W5

[Peter Bretscher @peterbretscher]

What’s Next for Capitalism — Reinvention or Authoritarian Rule? | Institute for New Economic Thinking https://t.co/W5wP3gTWfD #inet
Me: Will be Reinvention (1st step include intangibles as assets, 2nd step multi-dimensional, vector based value paradigm) -> https://t.co/eAc8O5eK5y

[Peter Bretscher @peterbretscher]

Enhance strategic options beyond limits of old economic theory https://t.co/eAc8O5ecg0

[Joseph E. Stiglitz @JosephEStiglitz]

Some news: My new book is coming out soon! Preorders available here: https://t.co/nnWWEZDjPg

[Peter Bretscher @peterbretscher]

@hey_madni GPT

[Peter Bretscher @peterbretscher]

Christmas story 2023 - a story about Professor Econo and Re-Inventig Economic Theory in 2024 https://t.co/k9giFKSehK via @LinkedIn

[Peter Bretscher @peterbretscher]

@hhhastings Agree. An option (compatible) model is alredy here (integrates intangible assets and hybrid value metrics; combining monetary and non-monetary value measures) see https://t.co/MuV2V6wA7w

and 'ChatGPT voice of McKinsey' About Business Engineering Systems: https://t.co/WR7muS5ElN

[Peter Bretscher @peterbretscher]

@stevedenning @Forbes @rstraub46 @rgmcgrath @experienceagile @hhhastings @curtPoI @JuliaKirby @bill_fischer When you are writing about 'mindsets' and 'assumptions to create a New Culture' and 'Management is multi-dimensional' -> then why you do not mention that multi dimensional value metrics is needed for that? See https://t.co/dRav5OpJp3 and more. Linear $-value KPI is too narrow.

[Peter Bretscher @peterbretscher]

@hey_madni send

[Jason Elsom @JasonElsom]

All educators should hear this again and again. The late @SirKenRobinson …

[Peter Bretscher @peterbretscher]

@PaulSloane Would add 'enhanced economic value paradigm' beyond linear $-KPIs -> https://t.co/uA7vPt3Hnv or https://t.co/3p46VRZdEZ combining monetary and non-monetary value indicators in the same view -> value as vectors -> vectoraddition -> (integral) value profiles

[Peter Bretscher @peterbretscher]

Aufforderung, die virtuellen Realitäten der 'alten ökonomischen Lehrbücher' zu überprüfen. (Mit "Moltofill" die Löcher flicken und neu kartieren, damit sie für die Gestaltung der intelligenten Wirtschaft und Gesellschaft nützlicher sind -> Thomas Beschor…https://t.co/x4yUUJOp4K

[Thomas Beschorner @ThBeschorner]

#MajaInTown. Im März ist die geschätzte Kollegin @beyond_ideology für eine Woche als "Personality in Residence" an der @HSGStGallen unser Gast. Es gibt ein vielfältiges Programm mit diversen öffentlichen Veranstaltungen, wozu man sich hier anmelden kann: https://t.co/mZz8U2S0CA

[Peter Bretscher @peterbretscher]

About Impact and more: One of the best Overview -> Virtual Exhibition (Novartis) https://t.co/HLanHuWOso https://t.co/nUlUWkAoPD

[Peter Bretscher @peterbretscher]

Q&A with chatGPT about New/Next Economic Model
(Seems some of our solutions will be helpful)

Adolf J. Doerig, Mary Ad@ajdoerigma@maryadamsICAr,@swisi02ann, André Wermelinger, Bill Baue, Martin J. Epp@bbaue Meynhardt, Prof. Dr. Dennis Ostwald https://t.co/Pr00NfAedH

[Peter Bretscher @peterbretscher]

Ask chatGPT: What is a Hybrid Value Metric?
Answer:
A hybrid value metric is a combination of multiple different types of value metrics used to measure the performance of a business or a product. It is a way to combine multiple mea…https://t.co/vH9gzqTNBV https://t.co/TjTjlNUDyX

[Peter Bretscher @peterbretscher]

EU Eco-Management and Audit Scheme (EMAS) is a premium management instrument developed by the European Commission for companies and other organisations to evaluate, report, and improve their environmental performance....
As of June…https://t.co/9TPUOq8xQz https://t.co/kTUtrOatFk