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#662: David Deutsch and Naval Ravikant — The Fabric of Reality, The Importance of Disobedience, The Inevitability of Artificial General Intelligence, Finding Good Problems, Redefining Wealth, Foundations of True Knowledge, Harnessing Optimism, Quantum Computing, and More

The Tim Ferriss Show

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In a time of abundance, payment will be Knowledge.

In a time of abundance, payment will be Knowledge. The set of all transformations that a person is capable of bringing about is their wealth. Optimism suggests that there is no limit to wealth. While currently, wealth is correlated with things like money, energy, land, and power, these are not fundamental and are eventually outgrown by the growth of knowledge. Currently, knowledge can be acquired by exchanging money for the knowledge of others. However, in the long run, gold will become cheaper and artists will only accept payment in the form of knowledge. The economy is an imperfect way of accounting for knowledge creation, as people can acquire money and power without creating much knowledge. But in the long run, this is not sustainable, and the only valuable payment will be knowledge.

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