Elon Musk warns: AI + robotics will hit us like a "supersonic tsunami."
Peter Diamandis: “We’re basically demonetizing everything. Labor becomes the cost of CapEx and electricity. Intelligence is available at almost zero price.”
Elon’s forecast:
Prices collapse hard.
Output of goods & services explodes faster than money supply → deflation.
Governments will frantically print faster — but won’t keep up.
Productivity could hit high double-digit growth every year.
GDP metrics are already meaningless and will look even more absurd.
Universal high income won’t come from taxes & redistribution.
It comes from radical abundance where stuff & services approach zero cost.
If prices for almost everything crash and intelligence becomes dirt cheap…
what’s the first thing you’d do — or build — in that world?