BitMart News

Everyone's focused on what the robots take. Hardly anyone is thinking about what they hand back. I wrote the whole thing up yesterday: https://t.co/Jet1givZwt

I don't write about robots because I find them interesting, although they most definitely are. I write about them because they solve one of the biggest problems in our economy. All my thoughts below. https://t.co/B2AR7iMGZS

Real connection lives in inconvenience. A few months ago I sat down with @PeterDiamandis and @salimismail on The Journeyman and we got into this. Salim made a brilliant point... in the nineties we introduced video calls so nobody would ever have to travel again. Yet the conference industry has never been bigger. We still get on the plane, sit in traffic and stand around hotel lobbies. Why? because community is worth the inconvenience. Putting yourself out for other people is exactly what makes it mean something. We've spent decades optimising for a hyper-convenient life. And the machines will finish the job... they'll be able to do everything convenient. The one thing they can't do is show up. Be in the room. Be there. That's why Im not worried about whats coming. The things that make us human are about to become the most valuable things we have.

We'll start adding workers to our population at a scale no economy has ever had. I wrote up my thoughts on this earlier today: https://t.co/zJHYhVnpUf

I don't write about robots because I find them interesting, although they most definitely are. I write about them because they solve one of the biggest problems in our economy. All my thoughts below. https://t.co/B2AR7iMGZS

Energy and compute are becoming GDP inputs. Growth has always been a story about people… How many of us are working, how productive we and how much borrowing gets done when those two run dry. That’s held for as long as anyone has measured an economy. We can't grow new people… that part is baked in already. But energy and compute are a different kind of problem. Push on them hard enough and the costs come down, which is exactly what's happened to solar. So GDP growth stops being hostage to how many of us there are, and starts riding on how cheap we can make power and how much intelligence we can pull out of a chip.