AI is the largest deflationary force in human history.
If it plays out the way I think it will, we get something we haven't felt in a very long time... people feeling richer for the first time in decades.
You can hand out subsidies, cut taxes, and print money but none of it lifts real living standards.
The only thing that has ever moved that needle is a productivity boom big enough to collapse debasement into abundance.
Now, I've been through enough cycles to know this won't be clean... thereโll be political fights, sectors slowing while others rip higher, and industries stuck on the wrong side of the cycle. But the setup is real and once productivity kicks in the outcome takes care of itself.
This is exactly what the Exponential Age is. It isn't about AI being better than us. It's about the productivity curve going vertical and the whole economy finally getting to breathe.
the gang goes to Chiba โ๏ธ๐ฏ๐ต
straight off the @moonpay XGL season start in Sacramento, the League storms into Japan. will XC Tokyo take the hometown advantage?
๐ฅ find out Dropping In: Episode 3 - Chiba, Dead Heat streaming tomorrow at 9am PT / 12pm ET
๐ชฆ Would you consider living in a cemetery a dream or a nightmare?
Lewisham is one of the only boroughs in London where cemetery staff still live on site. Three years ago, Glenn and his wife moved to a bungalow in Grove Park Cemetery where he works as a gravedigger.
His neighbour, Colin, head of bereavement services for Lewisham Council, has also lived there for 15 years, along with his family of five and their dog.
Watch 'The Londoners who live among the dead' on BBC London's YouTube channel โก๏ธ https://t.co/mjrgshKGxB
#London #Cemetery #Housing #LondonLife