The Rise and Fall of Artificial General Intelligence

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The Fed is keeping interest rates artificially low, which allows these mega corporations like Apple and Amazon to borrow billions of dollars at say 2% interest. And it is creating those monopolies, making them bigger and bigger and bigger. Those monopolies are essentially today in control of artificial intelligence and the growth of artificial intelligence. If you looked at Boston robotics 10 years ago versus our Boston robotics today, and you see these robots doing incredible things, you would have never predicted that 10 years ago. You start to see these kind of mega trends on where the world's going and underneath the existing system.

Jeff Booth and Clay Finck chat about inflation and deflation, why inflation isn’t necessarily good for a healthy and thriving economy, and more. Jeff is the author of The Price of Tomorrow: Why Deflation is Key to an Abundant Future.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

06:10 - The two colliding forces at an exponential rate and why they are the most important thing for investors to understand.

12:07 - Why there has been such a huge disconnect in the price changes between certain industries.

27:29 - Why so many people are missing the fact that deflation and technological innovation is too powerful of a force to stop.

40:09 - Why Jeff believes that Bitcoin is both an asymmetric bet and one of the safest places to store value.

46:22 - What Jeff is seeing for Bitcoin adoption from the private companies he works with.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Jeff Booth’s book, The Price of Tomorrow.
Related episode: Listen to BTC100: Jeff Booth On Finding Bitcoin's Signal In A Noisy World, or watch the video.
Related episode: Listen to TIP294: Inflation, Deflation - Which One Is It? w/ Jeff Booth, or watch the video.

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