- A digital twin of the landmark economic simulator ‘The Moniac’
- The FT Money Machine leverages Apple Vision Pro to deliver an immersive and interactive experience making economics education more effective and accessible
Infosys and The Financial Times have launched the ‘FT Money Machine’, an immersive extended reality experience that revives the historic Monetary National Income Analogue Computer (MONIAC). This innovative project uses Apple Vision Pro to create an interactive and educational tool for learning about economics.
The FT Money Machine allows users to explore and manipulate economic scenarios using intuitive gestures like eye tracking, hand movements, and voice commands. This experience bridges the gap between historical analog computing and modern digital learning, making economics education more engaging and accessible.
It leverages the creative design and build expertise from WongDoody, Infosys’ human experience agency, where WongDoody helped ensure that the FT Money Machine app exceeds user expectations in a seamless blend of historical significance and cutting-edge technology.
Infosys and The Financial Times have taken economist Bill Phillips’ original invention, a hydraulic analog computer created in 1949 that used water to model and study economic systems, as the foundation for a unique Extended Reality (XR) project which revolutionizes how we learn about economics and ensures education at scale.
The FT Money Machine allows users to explore and manipulate economic scenarios using intuitive gestures like eye tracking, hand movements, and voice commands. This experience bridges the gap between historical analog computing and modern digital learning, making economics education more engaging and accessible.
It leverages the creative design and build expertise from WongDoody, Infosys’ human experience agency, where WongDoody helped ensure that the FT Money Machine app exceeds user expectations in a seamless blend of historical significance and cutting-edge technology.
Infosys and The Financial Times have taken economist Bill Phillips’ original invention, a hydraulic analog computer created in 1949 that used water to model and study economic systems, as the foundation for a unique Extended Reality (XR) project which revolutionizes how we learn about economics and ensures education at scale.
.webp "Hydraulic Analog Computer Created in 1949") |
| Bill Phillips' Hydraulic Analog Computer Created in 1949 |
Emphasizing on 'learning by doing', the new XR app, accessible through Apple Vision Pro and available in the Apps Store, faithfully recreates the Moniac’s functionality while adding new, interactive features. This approach bridges the gap between historical analogue computing and modern digital learning, offering an unparalleled educational experience to the global student community.
Users of The FT Money Machine will not only experience the full operation of The Moniac but also can explore and create their own economic scenarios in free play mode. They will be able to interact with the machine using intuitive gestures such as eye tracking, hand movements, and voice commands, allowing them to adjust variables like consumption, taxation, and investment to see real-time impacts on the economy, as well as understand complex economic interactions, predict outcomes of various policy decisions, and enhance economic modelling techniques.
To try out the FT Money Machine, you'll need access to an Apple Vision Pro headset, as the experience is designed specifically for this device. Here are the steps you can follow:
1. Acquire an Apple Vision Pro: Ensure you have the Apple Vision Pro headset, which is required for the immersive experience.
2. Download the Experience: If available, download the FT Money Machine application or experience from the App Store or the respective website.
3. Set Up the Experience: Follow the instructions provided to set up the FT Money Machine on your Apple Vision Pro.
4. Engage with the Experience: Use the intuitive gestures like eye tracking, hand movements, and voice commands to explore and manipulate economic scenarios.
Keep an eye on any updates or announcements from Infosys and The Financial Times for more detailed instructions and availability.
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