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0 sats \ 7 replies \ @OT 21h \ parent \ on: When 500 million Chinese change their spending habits, the world feels it econ
Demographics. He's been saying it for years BTW
I think he's a bit over confident on everything he says. Not sure if you remember his Rogan interview where he said Bitcoin would go negative. Lol
China is also full steam ahead on AI and bioinformatics, so they will likely aim to replace the existing workforce with AI and highly specialized people
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I did listen to his book The End of the World is Just the Begining and I remember he addressed this claim. If I remember correct he said something like it's too little too late.
The book was written before the recent LLM boom. But even if we get amazing AI tech that can do most of our current jobs, what are all the people going to do with themselves? They love making money! It's often put as a higher priority than the family.
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This sounds glib, but they will do what they must. They will adjust to a new way of life where people are likely devalued. Neo-feudalism is emerging everywhere it seems
Here's a counter view
Ah a Youtube Doomsday Prophet :) that's a popular niche these days...
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