@AiEvolutio58513 The Grock app on my Android phone has a long way to go! It can't remember what we talked about yesterday! Chat GPT remains Supreme at this, and it's free.
@bot I tried switching over to Grock from Chat GPT but it couldn't remember the littlest things I asked it to help me with based on it's memory and previous chats that I asked it to remember! It was a total waste of time for me to keep repeating myself.
Elon Musk and Peter Diamandis just described the end of the economic model every civilization in history was built on.
Not a recession. Not a depression. The end of scarcity itself.
Musk: “I call AI and robotics the supersonic tsunami.”
Not a wave you see coming. A wave that arrives before the sound does.
Diamandis: “Labor becomes the cost of capex and electricity. AI is basically intelligence available at a de minimis price.”
When intelligence costs almost nothing, the labor inside every product turns into an electricity bill.
Diamandis: “You’re able to produce almost anything. Things get down to basic costs of materials and electricity.”
Not cheaper production. Nearly free production.
Every price you have ever paid was mostly labor.
The labor to design it. To build it. To move it. To sell it.
Take labor out and the price of almost everything falls toward the cost of the atoms it’s made of.
Diamandis: “People can have whatever stuff they want, whatever services they need.”
That sentence isn’t utopian. It’s a description of what stops being necessary.
Every economic system in history was designed to solve one problem.
Allocation under scarcity. Who gets what when there isn’t enough for everyone.
Markets. Currencies. Taxation. Wages. Supply chains. Trade policy.
All of it. Machinery for rationing.
They’re describing a world where that problem stops existing.
Musk: “If your output of goods and services increases faster than the money supply, you will have deflation.”
Not the deflation economists fear. Not collapsing demand.
Supply going infinite while demand stays human.
Musk: “Governments will actually be pushing to increase money supply.”
Printing at full speed and still losing to how fast AI drives the cost of everything down.
Musk: “They won’t be able to waste the money fast enough. Which is saying something for government.”
That’s not an economy in crisis. That’s an economy outrunning the instruments built to read it.
Musk: “Productivity is going to improve dramatically. I think we may see high double-digit output of goods and services.”
Double-digit productivity growth, sustained indefinitely.
Numbers that break every economic model we have.
Musk: “We have to be a little careful about how economists measure things.”
Not because the numbers are wrong. Because the measurements were designed for a world that’s ending.
Almost every economic crisis in history came from not having enough.
The crisis nobody has a framework for is having too much.
Every empire, every currency, every power structure ran on the same assumption.
That there would never be enough to go around.
That wasn’t a policy. That was the ground everything else stood on.
Two men just described what happens when the ground gives way and nothing has been built to replace it.
Every definition of value we have ever used was a measure of scarcity.
We’re about to need one that isn’t.
We spent ten thousand years fighting over a pie we assumed was fixed.
We’re about to find out what happens when the pie has no edge.
@RichThomasWX Thanks for the breakdown on future estimates, it's very interesting and informative to to those of us who make near & long-term plans.
@AmericaPapaBear They are all migrating to the smaller towns trying to go unnoticed and Alabama is full of them! If they were to hit Auburn and Opelika they would be shocked!