Secret 16. Future Bees Do Future Work #economics #nearfuture
Podcast platforms
The Lessons from Nature Podcast is available on Spotify, Apple, Buzzsprout, and other platforms.
David Dorr co-hosts the Economics Series.
Planning: Secret 16. Future Bees Do Future Work
Secret 16. Future Bees Do Future Work
"It's important to optimize around periods of productivity and scarcity by matching the energy available with the capacity to gather it from the habitat. It costs time and honey today to create and train future workers. Planning for energy variability, seasonality, rates of collection, and the cost of doing work is the key to survival."
-Mother Nature
Domain: Economics
Branch: Macroeconomics
Pattern: Near future (system dynamics
of the larger habitat)
Podcast Episode 16. Future Bees Do Future Work
We discuss the critical balance between the number of workers and available resources, emphasizing the importance of strategic planning.
Description
Together with David Dorr, we dive deep into the role of bees in the economy, their incredible specialization, and the insights they offer on optimization and intellectual property. Be prepared to be amazed as we draw parallels from the hive to the broader world, exploring how these tiny creatures might just be the key to understanding the future of work and resources. If you've ever been curious about the intricate dance of nature and how it intertwines with our modern-day challenges, this episode is a must-listen. The wisdom of the bees awaits!
Episode Highlights:
[01:36] Two bee colonies in my backyard and my dilemma.
[06:06] Lessons from investing and defining risk tolerance, including the importance in business of optimizing not just output but profit.
[07:20] We discuss how a healthy hive gathers and stores energy, similar to a company monitoring its cash flow.
[08:44] I appreciate David's risk management insight and add the importance of planning for learning with each decision.
[10:02] We explore the macroeconomics of full employment, letting market cycles play out naturally.
[11:27] On inflation and money supply, David explains the gold standard analogy and different schools of thought.
[15:35] Reflecting on our connection to nature's energy cycles.
[17:30] David weighs the pros and cons of job specialization, the risk of isolation from the whole system.
[19:59] We discuss problems with kids identifying themselves as "being" something, rather than creating something.
[21:17] Fiscal policy and public debt related to resource management in the hive.
[23:20] We critique short-term thinking and passing debt to future generations.
[24:57] David emphasizes the need for whole systems thinking beyond our lifetimes.
[25:16] A honey-based economy as a thought experiment.
[27:05] David provides research on intellectual property and open collaboration.
[29:12] Reflecting on wisdom, character, and the digital age.
Links & Resources:
Dorr Asset Management: https://dorrasset.com/
Links & Resources:
Project Honeylight: ProjectHoneyLight.life
Thank you for joining us on this journey through the world of bees and business. If you enjoyed this episode, please remember to rate, follow, and review our podcast. Your support helps us reach more people like you. Until next time, remember, the cosmos is within us, and we are a way for the universe to know itself.
Secret 16. Future Bees Do Future Work
Summary: The queen explains the critical balance between the number of bees and available resources, emphasizing the importance of strategic planning for the future to optimize honey production and the survival of the hive, with future bees tasked with future work.
