¶ AI, Bitcoin, and Tony's Dystopian Droids
So what do you think, and I want to get to Bitcoin and AI, and there's been a lot of chatter about this, but I want to hear your thoughts on where you think we're headed. So my echo chamber sort of, I think, aligns with you. And Tony is so excited. I mean, I know you know and love Tony. He's so excited about when this AI is transplanted into human-like droids that can do anything and everything for you. Like he thinks that is like, to me, that's like dystopian, but I understand
that's probably where we're headed for him. He's just, he's pumped. Do you think, but then, oh, but then I stepped outside of my echo chamber recently, a couple of weeks ago, was talking to a friend of mine and he's, um, I wouldn't say he's a normie. He's, uh, he's awakened to a lot of the, the things we talk about. He's not a Bitcoin or though, but he, he thinks that the AI
thing is way overblown. It's not like, yes, it'll, they'll automate some things. There'll be some, you know, some leaps forward with AI, but at the end of the day, you need consumers who have jobs in order to pay for the things that AI can provide. And so it's going to eat itself and die if there isn't something for humans to do. I would love to hear your thesis on where you think the the AI economy is taking us. Yep. I'll dive into that.
But imagine if he's wrong and he takes that opportunity, I'm just not going to play out.
¶ Asymmetric Bet: Learning AI
I'm not going to learn AI and I'm not going to use it.
If he's wrong in his thesis, or it's like when people say Bitcoin's never going to work, it a failed experiment or whatever If they wrong and Bitcoin is Apex predator of money and ai is here to stay and you totally ignore them then you shooting yourself in the foot whereas the worst case situation maybe you still believe that they're going to fail and maybe they do fail but what's the harm in learning them you've learned a new skill you've paid attention like there's no downside
to it and it's like i believe it's an asymmetric bet that's right like even if you're wrong like your your time wasted is not as near as much as what you is the opportunity cost of not doing it if the ai maxis and the bitcoin maxis are right yeah that that's right um but as for is it overblown not in my own life like i went from a high school dropout to building a seven figure online company within a couple of months with just talking to ai for four six eight ten hours
a day like it was absolutely relentless and it's like the few hours the few years leading up to that that allowed me to condense that into it so is it overblown like fuck no but fuck no it's not how people like oh this thing doesn't make any money like you've got no idea like ideas flowing or percolating or you've got nothing going on if you can't save five minutes of your time with like even when you're saying when you're trying to get just the youtube
description and everything like that just the first draft and to get it formatted so it looks good within your youtube description that can save you five minutes and you just chuck it in and you just edit it super quickly, but it's all in your tone, your brand, your voice. It sounds exactly like you.
You just make sure that everything factual because it can still hallucinate doing that But could it all just go away and could it eat itself Sure, it's possible, but humanity seems to always improve on itself. And like the natural state of the market, in the words of the author of The Price of Tomorrow, Jeff Booth, is deflation and we're going to get better and better and better. and because we can run local models, even if, like, I just don't see how they could possibly go away anymore.
Like, we've been given this magic box, a genie, three magic wishes that we can ask over and over and over and over and over and over again. And we get those delivered to us every single time. Like, who in their right minds is going to be like, no, AI is, like, going away? Like, yes, it's going to displace a lot of people 40%, 4,000 people of Square gone. What are they going to do? Hopefully, they can leverage AI and
they can use it because they've got the skills. They're already peak of their field. They can do something better than I can with doing it, but that playing field stopped. I hope so. Then in
¶ Elysium: AI Paradise or Living in Hell
regards to what happens, that's when universal basic income comes in and people are eating the bug soup and it will be the haves and the have-nots. The people with using Bitcoin and AI together and the AI agents are going to use Bitcoin, they're going to have whatever they want. It is like Tony Yazbek always says, it's like Elysium. There will be people in this AI incredible
paradise and there'll be people that are just living in hell. And I was saying this to Tony on the podcast just before I go down to the beach every afternoon and in the June there a couple of people sleeping rough and stuff homeless like that is so sad and it feels sometimes like elysium i come out to this beautiful house with ocean views and everything and we have nice food and like clean clothes and
everything like that nice lawn and just like a lovely environment friends family everything like that if any anything happened to us a medical appointment an emergency if our dog gets an allergy and she needs three and a half thousand dollar allergy medication true story we can get it absolutely no problem we don't even question it whereas some people are living under a fucking canvas sheet on the beach and what's that from like yes they've probably made some bad choices
I've lived rough for myself. I've lived out of a car for a while, out of a tent for a long time. So I know what it's like. And it was definitely the choices that I was making. But it's also because the money and everything's broken.
¶ Homelessness and Obliterating Money
It's getting worse and worse and worse. And we've got like 300,000 or 400,000 Australians now homeless because the government's just obliterating the money. It's absolutely worthless. And so the point is, if you're not saving hard money that can't be effed with, that can't be manipulated in any way, obviously price, short term is a different story. And you're not paying attention to AI technology that can really leverage every area of your life.
Then you get into those types of situations where you can prevent it. Thank you.