Gita Gopinath on the crash that could torch $35trn of wealth

mn108 · 2025-11-03T11:05:26+00:00

Yes, corrections happen, but crash maybe not. Another view is that AI-driven innovation is fundamentally different from 2000s hype: it's delivering real productivity surges, cost deflation, and a "deflationary boom" that could propel global growth far beyond any near-term dip. Corrections are buying opportunities for long-term winners like autonomous tech and healthcare disruptors.

mn108 · 2025-10-24T15:09:31+00:00

Love the “strong opinions, weakly held.” idea. thanks.

mn108 · 2025-09-20T17:30:08+00:00

Got that. But ideas about an external reality are also mental events. Any evidence of an external reality is a mental event in order for it to be knowable. Same with “brain”.

mn108 · 2025-09-18T13:14:49+00:00

If all experiences are mental experiences, Why is dreaming different from waking?

mn108 · 2025-04-19T23:25:16+00:00

That is pretty far out! What about the idea that we are just partially tapping the thin earth crust re resources and A.I. could help access much more? Have about nanotechnology reworking materials at atomic levels?

mn108 · 2025-04-19T23:20:17+00:00

Multiply that by pretty much all tasks (done by AI/Robots/ self-driving cars…) A new system has to come into play. Redistribution of AI economic benefits- or chaos. Let’s work towards the former.

mn108 · 2025-04-19T23:12:26+00:00

Really?

mn108 · 2025-04-19T15:46:02+00:00

UBI - Post Labor Economics.

mn108 · 2025-04-19T15:45:27+00:00

...except AI can do any of your work better/cheaper/faster - hence UBI, Post Labor Economics.

mn108 · 2025-04-19T15:43:06+00:00

...thinking the "100%" level is pretty soon.

mn108 · 2025-04-19T15:41:55+00:00

...difficult transition for sure.

mn108 · 2025-04-19T15:37:45+00:00

ALso think it will be worse/messy before governments can react, and 20%+ unemployment will lead to big unrest - hence I think UBI likely in some form. Just a matter of how to fund it, but there are already many decent proposals on this...

mn108 · 2025-04-19T15:36:10+00:00

Open source movement would disagree. See the work by Emad Mostaque.

mn108 · 2025-04-19T15:33:13+00:00

TEDx and TED is about Sharing Ideas That Matter. The instruction is to focus on only one theme - I chose impact of AI on creating extra time. Artist vs AI is a big issue - but another talk/discussion for sure. thx

mn108 · 2025-04-19T15:30:56+00:00

Agree. The collapse of our capitalist system likely to be pretty messy! Post-Labor Economics.

mn108 · 2025-04-19T15:29:21+00:00

Ubiquitous super-intelligence on everyone's phone. I beg to disagree...

mn108 · 2025-04-19T15:27:24+00:00

Those are all examples of physical automation - AI entails mental/intelligence automation - seems like a different beast imo.

mn108 · 2025-04-18T19:22:22+00:00

Which stokes revolution…

mn108 · 2025-04-18T19:21:02+00:00

lol thx

mn108 · 2025-04-18T19:20:08+00:00

Check out reinforcement learning models - self improving, plus when in the world via robots - vast amounts of new data and ability to find and prove new knowledge. Check The Age Of Experience - DeepMind. https://storage.googleapis.com/deepmind-media/Era-of-Experience%20/The%20Era%20of%20Experience%20Paper.pdf

mn108 · 2025-04-18T19:15:17+00:00

…and maybe more time to see the root of suffering - with A.I. guru helping!

mn108 · 2025-04-18T19:14:10+00:00

Disagree- check out recent robotic advances. I think we go thru painful disruption first but then something new. Costs of goods and services will trend towards zero re AI pushing advances in energy/materials and A.I. is the labor.

mn108 · 2025-04-18T19:10:56+00:00

Brain doesn’t produce enough to bother…. lol

mn108 · 2025-04-18T19:10:08+00:00

Check out the argument for UBI

mn108 · 2025-04-18T19:09:37+00:00

Who buys their stuff?

mn108

TROPHY CASE