The (real) dead economy theory
6 hours ago
- #speculation
- #economy
- #technology
- Elon Musk's post-2020 ventures have been commercial failures, contrasting with his earlier successes.
- Financial markets increasingly value assets based on speculative vibes rather than utility.
- Investment is shifting from productive research to speculative technologies like AI and crypto.
- The true risk of AI is job displacement by ineffective chatbots, not genuine automation.
- The 'dead economy' is characterized by capital moving into bubbles instead of productive activities.