Alex Imas
π€ SpeakerAppearances Over Time
Podcast Appearances
Because what is the value of a house currently?
It is really the land is close to other humans and modular relational stuff that is just not going to be the main factor of production in the future.
Right.
But stepping back, the point I was trying to make is if it gets harder to index the economy now...
And that is supposed to be the main way in which both one and normal people are supposed to modulate some sort of use in universal banking income.
In the developed world.
In the developed world, are supposed to have some leverage on, or have some purchase on the wealth from AI.
And it's also the way that developing countries are supposed to have some purchase on the wealth gains from AI.
But it's very hard.
I don't know.
Is Nigeria own a lot of SK Hynix and like Anthropic?
I'm guessing not, right?
It's not enough for them to just own the S&P 500.
But that's a really interesting point.
The more you think, I don't endorse this take yet.
I'm going to talk out loud.
The more you think AGI is going to be, our economy is going to be run on AGI the way our economy currently runs on electricity.
There's a broad fundamental transformation of the entire economy.
The more it looks like electricity and the more it's like every company in the S&P of the future.
Exactly.