Asymmetric Finance

Asymmetric Finance

Share this post

Asymmetric Finance
Asymmetric Finance
AI Will End Capitalism
Copy link
Facebook
Email
Notes
More

AI Will End Capitalism

It's official, the US debt has just reached $34 trillion for the first time

Jan 21, 2024
∙ Paid
7

Share this post

Asymmetric Finance
Asymmetric Finance
AI Will End Capitalism
Copy link
Facebook
Email
Notes
More
Share

It's official, the US debt has just reached $34 trillion for the first time. This represents a 55% increase in debt over the past 5 years.

If this data doesn't worry you, I believe you have a very serious problem. We are talking about, as Ray Dalio mentioned in his book 'The Changing World Order', the end of capitalism as we know it today.

For those who haven't read the book, it basically discusses certain stages society goes through in terms of education, health, and economics. It's astonishing how the author is accurate in predicting each of these stages:

  • Decline in life expectancy

  • Lowering of interest rates

  • Increased money printing

  • Weaker society, in two aspects: less tolerance to pressure, and inferior education and principles.

This could be the prelude to a change of order that, make no mistake, will come.

On another note, a few weeks ago we talked about the arrival of Robots and how they could cause many jobs to disappear. These robots, in a way, will achieve consciousness through artificial intelligence and the moment this happens, they will be much smarter than humans.

There's another very interesting book: 'Homo Deus', which discusses how AI will surpass humans and how, if we do nothing about it, it will end the economic and social systems as we know them.

The analogy the book makes is that AI will be smarter than humans (so far, I think none of us have any doubts) and just like humans did with animals, it will tend to destroy us. I remind you that many years ago, man cared for livestock in nature, has now optimized this process, and cows and pigs are able to live in half a square meter and are fed until they are sacrificed.

At this point, many of you will label me as a catastrophist and say that now we live better than many years ago. What few of you can argue against are the four social points we highlighted earlier.

The question is very clear: What should I do with my savings?

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Asymmetric Finance
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More