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Raoul Pal on The Exponential Age and the Everything Code: AI, Crypto, QE and Beyond

Raoul Pal: Real Vision

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The Rise of AI and the Rise of the State Sector

One of my hypothesis for web 3 was that the rise of all of this is leading to a need to support incomes for people. This is a universal basic income argument and there's ways of solving that both at the private sector and state sector. State sector is a problem because we don't have enough money so we have to tax the robots maybe to get the money but we're all under fund and we've got this problem with debt. There is a way that you and I can restrict our data online because we have agency over our data and therefore sell it to the platforms and the advertisers and get income for that. So if the AI doesn't get your job the robots will get your job

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