AI is a general purpose technology. A technology that can be used in many other technologies. Electricity is also a general purpose technology. The lightbulb is one of many technologies electricity enables. Looking at how electricity changed everything, makes it obvious how AI will change everything. Let’s dig in:
We’re now in the era of the AI driven web. We don’t choose what we see on Facebook, LinkedIn, Google, Netflix and most other corporate networks. Their AI chooses for us...Or at least it makes a strong recommendation. Recent AI breakthroughs are accelerating this trend. But they’
AI = knowledge Knowledge = power Knowledge = wealth Therefore: AI = Power + Wealth Power and wealth will flow to those that own AI. If a few companies and/or governments own AI, there will be massive concentration of wealth and power. If everyone owns their own AI, there will be massive distribution of
Most people think crypto is a scam. Or at best a casino where people gamble on magic internet money. You can’t blame them. There’s lots of scams in crypto. There’s also lots of crypto currencies that exist primarily for people to gamble on. But if you think
Technology revolutions have always created more high quality jobs. Not less. I believe the same will hold true in the AI revolution. I’m confident of this because of how jobs are created. Don’t believe me? Let’s look together: How Jobs are Created Jobs are created by a
Netscape was the first mass market web browser. Before Netscape you essentially had to write code to use the internet. After Netscape anyone could use the internet by clicking around like we do today. Marc Andreessen was a co-founder of Netscape, and one of the inventors of the modern web
Imagine a world where you can’t own anything. Your only option is to rent. And If you don’t rent products from the same company, they can’t be used together. Want to wear clothes while driving? You have to rent them from the same company that owns your
Digital clones are now easy to create using AI tools like Heygen.com. And they speak multiple languages. Here’s what’s next. No More Language Barrier Imagine a world where everyone speaks the same language. That’s where AI is taking us. And the implications are massive. More Friends
Technological revolutions follow a similar pattern. A new technology brings massive hype. Initially, it fails to meet expectations. People are left disappointed. Speculative bubbles pop. From railroads to the internet, technological revolutions are over estimated in the short term, and underestimated in the long term. It’s never “different this
All the talk about media being broken is dead wrong. The internet has made media, and the media industry, better in so many ways. And it’s about to get even better. Here’s how: 1. Expertise can now be shared directly (h/t Jason Calacanis) Old Way: Media companies
I believe AI is set to transform our lives, and that crypto will play an important role in ensuring this change is for the better. Here’s how: The AI Revolution The AI revolution is transforming knowledge work, just like the industrial revolution transformed manual labor. Industrial Revolution: 1 person