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Daniel Schmachtenberger: Ai Risks & The Metacrisis
Theories of Everything with Curt Jaimungal
The Importance of Interest in the Economy
The economy is tied to interest and that's at the root of what you just explained. Interest is the beginning of what all of the financial services do, but there is an embedded growth obligation. If it's not coupled with things that are finite right now, then we get a diminishing return on it. You still don't get an exponential curve. So what we don't say is heavy hitters like Apple or Google can't run an exponential economy on a finite planet forever. The alt-capitalist take on it does not solve the problem. That's very much the kind of Silicon Valley take on it.
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