Bitcoin Surge, AI Job Loss, & 2024 AGI Predictions w/ Salim Ismail | EP #89
Moonshots with Peter Diamandis
Elon Musk on the Rapid Advancement of AI Compute
The pace of AI compute advancement is unprecedented with a 10x increase every six months, leading to the rapid growth in companies' market capitalization. The neural net chips are driving this growth, challenging traditional markets like gold rushes. However, Musk predicts a potential stabilization within a year or 18 months to prevent a collapse due to excessively fast growth. It is crucial to implement checkpoints and stabilize periodically in this explosive phase of technological revolution.
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