MI Rewind: Why Deflation is Key to an Abundant Future w/ Jeff Booth
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Rise and Fall of Artificial General Intelligence
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.
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