Change, Part V - Consequences
The unfortunate reality for People, Ideas & Objects is that even a small financial gain, like finding a quarter, would significantly improve our outlook. This situation has greater consequences for producers, as we have no vested interest or obligations to them. What was already a challenge in shifting their "muddle through" culture has become even more difficult. We've previously discussed the impending changes in speed, complexity, and volume, and how producer officers and directors were unprepared. We are now entering a new environment where many may not even comprehend what's happening. What should we do in such a scenario? Should we continue to guide those who have resisted assistance with their issues for decades?
People, Ideas & Objects have chosen to prepare for the future. We will address the repercussions of the ongoing failures within the oil & gas industry. In doing so, we will attract individuals who clearly envision our direction and actively pursue it. We are already observing this divergence, with comments like, "you don’t have to worry about AI, you need to worry about the person who uses AI." AI is here, and it's advancing much faster than we realize. Evidence of this can be found in the quarterly reports of its providers: NVIDIA, AMD, Apple, Google, Oracle, and Tesla.
For instance, NVIDIA reported $90.8 billion in revenue and $45.2 billion in after-tax profit for the first six months of 2025, with $76 billion in working capital. The forefront of the AI revolution is distinct from the dot-com era. Last month's Oracle AI World conference demonstrated that AI is integrated throughout the database and is accessible within the ERP system, which we have always designated and designed the Preliminary Specification to operate from. We possess the necessary tools, but we do not, and never will, have producers as customers, thus eliminating any obligations or commitments to the oil & gas industry.
Our sole asset is our Intellectual Property, specifically the copyright of the Preliminary Specification and its derivative works. This provides us with the essential foundation of Intellectual Property that the oil & gas industry needs to adopt. We have emphasized its importance in establishing IP as an organizational framework within the Preliminary Specification and have reflected on its impact in all our writings, including our January 20, 2025 papers for engineers and geologists, and our user community and an April 7, 2025 paper on the impact of Hyperspecialization.
While the future remains uncertain, as with all great adventures, the destination isn't always the most important aspect. We will reach our goals. Software companies like ours are currently experiencing significant disruption. If we don't adapt now, we will only be squandering resources. We have fortuitously found ourselves in a position to realize this AI future in the most optimal way, while simultaneously resolving the oil & gas industry’s greatest business challenge. Who is ready to join us?
