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4min chapter
Daniel Schmachtenberger: Ai Risks & The Metacrisis
Theories of Everything with Curt Jaimungal
The Negative Externalities Coupled to an Economy That Depends on Exponential Growth
The idea is supposed to be something like there are real goods and services that people want. But the moment we do something like interest, where we're now exponentiating the monetary supply, you have to also exponentiate the total amount of goods and services. The financial system has to keep doing exponential growth, or it breaks. That formalizing that was also key to our solution to not have World War III, right?
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