What do we have globally: Part III We have President Biden leading a call for recently turned autocracies to re-embrace democracy; we have Nigerians standing for democracy in Africa; we have many countries with serious indebtedness.

It seems apparent that democracy has been in retreat in the Third World Nations.  President Biden is defending the cause of democracy, namely, that nations that have gone back to autocracy, should consider that their citizens might lose the rule of law proviso of democracy.  They may abandoned the people's right of peaceful protest against policies invoked by the government, too.

It is too soon to know the effects of President Biden's appeal to governments that formerly were democratic.  Nevertheless, we are mindful of the existence of the Commonwealth of Nations whose member states were former colonies of England but now are independent nations that boldly announce their democratic suppositions in governing.

That so many poor countries, having experienced the grave effects of the recent pandemic and the climatic effects of the effects upon our planet of increased carbon emissions into the atmosphere, find themselves confronting a huge debt to bear without many places to turn to for even a temporary relief.

Nevertheless, there are signs of change that spell good times ahead.  1.  As countries turn away from fossil fuels to supply energy, they are inventing new ways to harness the sun's indefinite supply through solar panels and wind turbines, store it, and use it through electrical grids.  

2.  Business and commerce will be far more dependent on AI technology to drive factory production and create innovative change that makes reliance on human productivity our only source for rational choice.  AI, that can make use of robots on the assembly lines; that can plan efficient supply chains, picking up value added items as the chain is traversed.   

We should anticipate seeing great advantages mount as AI is more heavily depended on to replace what humans had to plan and think through by themselves, without making use of data available only through AI tools!

In short, a world of capitalism, democracy and capable of drawing upon a wealth of global data not heretofore available to mankind but through AI has become bedrock, awaits mankind in the future.