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Last Notes

2024-12-21 10:41:26 UTC

@nprofile…drc4 posted the exact thought I was having this morning on X. This deserves to be here, so pasting it:
This is the most important time in human history to think ahead.
The entire monetary and economic system as we know it is changing in front of you.
And most people are blissfully unaware.
There's still some time left to prepare. But not much.
Bitcoin, AI, and robotics are going to change everything over the next 10 years.
We're living on an exponential curve.
The biggest mistake you can make is assuming that we are living in a static world.
The future is accelerating towards us.
The thing that seems unimpressive today will blow your socks off next year.
OpenAI launched their state of the art o1 model 3 months ago...
And their new model announced yesterday already blows it out of the water.
It's better than human level on the most popular AGI benchmark.
It's ranked #175 in the world as a competitive coder.
And it's exceptional at complex math.
Keep in mind, that's today's model.
Where will it be in 6 months?
The better the models get, the more helpful they are in improving themselves.
And don't make the mistake of thinking this is only applicable to software.
This is intelligence we're talking about.
Human intelligence is how we've created every scientific and engineering breakthrough in the world.
But human intelligence is a bottleneck.
There are only so many geniuses, and they can only work so many hours a day.
What happens when we have better-than-human level intelligence working around the clock, at scale, on our hardest problems?
The progress in robotics, energy generation, healthcare, and more will speed up tremendously with the aid of artificial intelligence.
This is happening whether we like it or not.
And no one can say for sure what the outcome will be.
One thing is for sure: The economic and social models that exist today are under extreme threat.
My personal belief is that we are headed into a golden age of abundance.
We will look back at today similar to how we look at the middle ages.
Kings seriously used to shit down a stone tube on the side of their castle? And that was luxurious?!
You get to choose what you believe, and choosing to be optimistic is simply a better way to live.
In terms of assets, when everything becomes abundant, you want to hold the scarcest asset.
And that is Bitcoin.
At this point, I'd say acquiring a piece of Bitcoin should be a top priority for everyone reading this.
Governments only really have one economic tool at their disposal to fight fires: Printing money.
There's a good chance that if AI starts leading to job loss, we will witness the greatest wave of money printing the world has ever seen.
And in that case you want to hold the asset that has proven to perform best in that scenario.
If you can protect your purchasing power while everything gets cheaper around you - you are going to thrive.
Beyond that, make sure you enjoy everything around you as it exists today.
One day you're going to look back at your current life with nostalgia.
So soak it in and make it count 🫡