Virtual
My theory is that AI will ultimately be deflationary to many parts of the goods and services basket, leaving more capital to chase truly scarce finite assets.
AAA RE, luxury, high end experiences/concerts, exclusive resorts, precious metals, Bitcoin, high end restaurants
The rich will live... See more
SuspendedCapx.com
Earlier this year, I did consulting work for @OpenAI to study how Indonesians use ChatGPT.
We found Facebook groups with 30K members sharing AI-generated photos of themselves with Lamborghinis, in Paris, or at Gucci stores.
Most are middle-low income users Tier-2/3 cities making under... See more
The Goon Squad, by Daniel Kolitz
harpers.org
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