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All moments › Meta's Redemption Arc: Wall Street Is Buying the Muse Hype

Smart friend says this ends badly unless AI fundamentally changes economy and devalues dollar.

From Meta's Redemption Arc: Wall Street Is Buying the Muse Hype · jumps to 47:24 · speech

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And he says, generally, this would be very bad, okay? Generally, this would be very bad. The only reason that risk would be up is the market thing's growth is long-term disinflationary from AI, and also that the way, the only way for yields to come down is for them to destruct the dollar, which is part of our debasement trade for crypto, right? So we could see crazy levels of yield curve control coming. They've started already a little bit, but he also says it feels like the market is just saying that AI is going to change humanity in such a profound way that the current levels of monetary policy don't even matter. So the question is very simple, okay? Is what's always happened before, which eventually, you know, shit fucking blows up, is that going to happen again?
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