Age of Abundance
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Episode 859 min

College grads are booing AI...

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Ideas to take with you.

  1. 01

    Resistance to AI from new graduates is a rational response to a real structural gap, not a misunderstanding to be lectured away.

  2. 02

    Calls to regulate AI from inside the legacy system are not credible because that system's solvency depends on the very expansion AI is funding.

  3. 03

    Technology distributes downward over time; the frontier becomes free and open source, which means moats around capability are weaker than current valuations assume.

  4. 04

    Inside debt-based money, productivity gains concentrate at the top of a K-shaped economy; inside an honest denominator, the same gains show up as falling prices for everyone.

  5. 05

    Creative destruction eventually reaches the layer that refused to let things fail, including the monetary layer itself.

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