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David Friedberg today on @Tesla:
"I think we're going to look back one day and have this laughing observation that Tesla started out as an electric car company, ended up becoming an autonomous car company, and the autonomous competency lead to the robotics revolution. Even if the socialist ban robotics on Earth, you could ship all those robots to the Moon and they could get to work and create an entirely new manufacturing frontier for our civilization, for humanity."
(via @theallinpod)
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Fair warning. This post is bullish on Ethereum.
Yesterday, the Ethereum Foundation Enterprise team ran the Institutional Ethereum Forum in New York City.
Broad Adoption Activated.
Invitation only. 100's of Banks, asset managers, and infrastructure providers representing around $250 trillion in assets under management.
feedback so far
"Absolute banger tbh."
"People won't stop talking and networking and the content has all been great."
"Your institutional team did an amazing job. I was there. Kudos."
BlackRock. Western Union. Robinhood. Moody's. Baillie Gifford. Securitize. All on panels. Not as guests. As participants building on Ethereum.
This is what adoption actually looks like. EF also presents its post-quantum security strategy and launches https://t.co/1fPpbCRIcY.
EF also presented its post-quantum security strategy and launched https://t.co/1fPpbCRIcY. This is not just leading blockchain. No major technology platform has a published, open-source post-quantum migration roadmap at this level of detail. Ethereum is doing it before it is required, not after.
Proud of the Enterprise team for putting this together.
Choose Ethereum.
“I do think we'll have universal high income. We're basically just issuing money to people, and just because the output of Business Services will so far exceed the money supply, that effectively you have deflation, because deflation is just the ratio of the outputs of goods and services to the money supply.
If the rate of growth of goods and services exceeds the rate of growth of the money supply, which I predict will happen, then you will have deflation.”
- Elon Musk
ELON MUSK: "AI & robots are going to make so much stuff & provide too many services that they'll actually run out of things to do for the humans.
Money will stop being relevant at some point in the future. AI down the road will really not use human currency. It will just care about power & mass, wattage and tonnage."
ELON MUSK: "People don't quite understand just how much intelligence there will be, or just how far it will exceed human intelligence to a degree that is impossible to fully understand, because you can totally imagine a situation where we will let's say a million times more energy is harnessed than all of Earth's current electricity usage.
That would still only be roughly a millionth of the sun's energy output. So essentially, if you increase US economy by a factor of a million, is still roughly a trillion, since we're a trillionth of the sun's energy, if you increase US economy in terms of electricity usage by roughly a million, you will be roughly 1,000,000th only of the sun's energy harnessed. An economy or an intelligence using a million times more electricity than all of civilization think about or look like or do? It's going to be something pretty magnificent. It will solve everything you can possibly think of."