Juggling Dynamite

Thought-provoking presentation…

Human domination relies on large-scale cooperation among strangers, which is sustained by bureaucratic systems – such as laws, finance, religion – designed to build trust. Since AIs are ‘native bureaucrats’, they can effortlessly remember all laws, transactions, and scriptures far better than any human. This leaves AI uniquely placed to take over critical processes, such as granting bank loans, deciding university admissions, determining prison sentences, and executing military strikes. Are we prepared? Here is a direct video link.

Well worth the time to listen…

The man who predicted the dot-com crash and the 2007 housing collapse warns that the AI bubble is the biggest in American history. Billionaire investor Jeremy Grantham reveals why it will burst, the exact strategy to protect your money, and why house prices need to fall 30%. Jeremy Grantham is the co-founder of GMO, an institutional investment firm in Boston, and serves as the firm’s long-term investment strategist. He is also the chairman of the Grantham Foundation For the Preservation of the Environment, and co-author of “The Making of a Permabear: The Perils of Long-term Investing in a Short-term World”.  Here is a direct video link.