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The Tim Ferriss Show cover image

#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

NOTE

What is Wealth? And is it Unlimited?

Wealth is not characterized very well by a number, but rather a set of all transformations that one is capable of bringing about/nOptimism implies that there is no limit to wealth/nThere is a rough correlation between wealth and tangible things like money, energy, land, and power, but these are not fundamental/nIn the long run, wealth becomes a byproduct of knowledge, as anything that is not constrained by the laws of physics becomes possible through new knowledge/nThis definition of wealth has tremendous reach and can be applied at the civilizational level, where everyone gets wealthier as civilization figures out how to make more transformations/nThe speaker personally found this definition of wealth creation to be staggering and has replaced their previous definitions with it

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