@MarkoMatvikov Just curious: who would this exodus of investors be selling to?
If the buyers are owner-occupiers, wouldn't they just be vacating their existing rentals?
Join my conversation with @elonmusk on AGI timelines, energy, robots, and why abundance is the most likely outcome for humanity's future, alongside my Moonshot Mate @DavidBlundin!
(00:00) - Navigating the Future of AI and Robotics
(04:54) - The Promise of Abundance and Optimism
(10:02) - Energy: The Key to a Sustainable Future
(15:00) - The Role of Education in a Changing World
(41:07) - Health, Longevity, and the Future of Humanity
(50:51) - AI's Impact on Labor and Employment
(55:05) - Universal High Income: A New Economic Paradigm
(57:58) - Navigating the Singularity and AI's Acceleration
(01:02:30) - The Role of AI in Healthcare and Surgery
(01:08:22) - Ethics and AI: Programming Values into Machines
(01:14:18) - The Future of Space Exploration and AI's Role
(01:33:30) - The Chip Shortage Crisis
(01:42:46) - Simulation Theory and Consciousness
(01:48:18) - The Search for Extraterrestrial Life
(01:58:28) - The Future of Robotics and AI Integration
Two men are going in a jungle and have $ 100 each with them. One says to the other "you see that animal shit. If you eat that, ill give u $ 100". The other man eats the shit. A few minutes later, the first man is challenged to eat some animal shit for $ 100. The first man eats the shit too. This continues the entire day. Both the men end up eating a lot of shit and still have $ 100 each with them ; however the economic output was $ 2000.
A country could just become the largest GDP in the world by following this model - this kind of GDP doesn't mean antything since we are not measuring the quality of the economic activity. Some countries follow a similar approach - break roads 10 times a year and then rebuilt them ; make badly designed cities - then build expernsive flyovers and metro to rectify the mistake. A good part of their gdp is driven by making blunders and fixing them .
Therefore it's imperative to focus on the quality of life of the larger population rather than the GDP.
@Hugo35121431@sydney_trader The US external debt obligations is in USD. When SHTF It can simply write them off, it doesn’t need Bitcoin or any other asset for reset
Dedollarization is a pipe dream until a real alternative emerges with liquidity, ease of use, & more trust than the dollar, still years away
@JasonEBurack@JessicaDAmir There are few things in life we truly control, We can't dictate how people will act or respond, but we always have a choice in how we respond and who we choose to be in return.