99% of people really do not understand abundance as Elon describes it.
The fundamental reason is that they don’t understand compound growth.
Same people who would probably pick 1 million dollars today over a penny that doubles in value every day for 30 days.
It’s a bad choice by the way. You lose out on millions.
Imagine if that doubling object was a labor producing robot instead of a penny.
Compounding labor. It’s actually crazy if you try and wrap your mind around it.
So Elon mentions Universl High Income and the midwits flip a lid.
“The elites won’t share”
You don’t get it. They won’t need to share. They will make everything so cheap, it is effectively free.
Charities will have immense resources to distribute.
Unfathomable intelligence will exist to help optimize production and distribution.
An unfathomably large labor pool will exist that operates on solar power exclusively.
The public work projects that are erected will be unseen before levels of breathtaking.
I think we are incredibly blessed to steward this new age of abundance.
Can you see it now?
Can you see the future?
@Mae Women who can do this for you are you still working inside and outside the center of town this weekend and you can bill me your address and if I can park you there will let me send it with me you please
De-dollarization isn't happening, and it's good that it is.
IN DETAIL
Yes, I'm aware that Bernstein recanted in his public testimony[1], but this was his long-held view[2,3,4] over the course of a decade and actually has some logic to it.
Specifically, Bernstein is (like BBB itself) sort of left-MAGA. Of course neither side wants to admit the similarities, but both Biden and Trump have advocated economic nationalism, trade war, and industrial policy.
And if you're really leaning into that, maybe you also want to depreciate the USD to make American exports more competitive abroad. That's where Bernstein is coming from.[9] And you know what, his case is actually not irrational!
But the trick is in the execution, as it's not easy to manage such a hairpin turn. How do they go from "our reserve currency status is unquestionable" to "our reserve currency status is unquestionably a burden"?
Maybe they just do it like inflation.
First, inflation was a conspiracy theory [4]
Next, it was transitory [5]
Then, who-coulda-knew...but we're hiking now [6]
Finally, it was obvious, inevitable, and even good!
And your fault for not hedging...[7,8]
The equivalent for de-dollarization might be something like this:
First, de-dollarization isn't happening
Then, it's happening, but not fast
Next, it's happening, but not a big deal
Finally, it was obvious, inevitable, and even good!
And your fault for not hedging...
Because "the privilege of having the world’s reserve currency is one America can no longer afford."[3]
[1]: https://t.co/RV4A10D45o
[2]: https://t.co/kYb90bblb7
[3]: https://t.co/90OI6gs8os
[4]: https://t.co/MzYWJUGOJj
[5]: https://t.co/JOpBFnAZVz
[6]: https://t.co/RYfVojiWu6
[7]: https://t.co/O4fm7ljIhl
[8]: https://t.co/svMbXhSXIO
[9]: https://t.co/7xNWvwTHuo
I don’t want to create any bad publicity for this creator so I won’t share his name or work. But It’s actually pretty brilliant and artistic. He uses a live model in studio to get a HD initial model for source material. Then turns her into a group of similarly looking but diversely ethnic models, and creates multi layered back drops and settings to place them within. Then adds the brands products through ai generated blending and all kinds of other witch craft. I believe you’ll start to see a lot of it soon with huge design houses using this technique to save money and time.
Also found this which is similar https://t.co/yTqjeSejGT
@TheMarco@icreatelife I’m seeing photographers and graphic designers offer AI service creating stunning realistic fashion campaigns for designers without ever leaving their home studio. Charging $7,000 for a shoot that would cost 10x to produce in real life.
NEW: @Axios w/ a first look at RNC’s video response to Biden
It is also the committee’s first video that is 100% generated by AI software meant to create images that look and feel real (in this case an imagined dystopia look at the future of Biden wins)
https://t.co/3NvvqfIoCN
I'll split 50% royalties on any successful AI generated song that uses my voice. Same deal as I would with any artist i collab with. Feel free to use my voice without penalty. I have no label and no legal bindings.
~37% of the world population doesn't have access to the internet according to the United Nations. 96% of them are in developing countries.
Starship, a fully and rapidly reusable rocket, will allow SpaceX to launch Starlink satellites more frequently and at a lower cost.
Education, creativity, financial freedom, and connection — SpaceX is ensuing that every human on Earth has access to those opportunities.