Joe Burnett, MSBA
Joe Burnett, MSBA|Apr 12, 2025 13:19
Let’s think about how this plays out. In 10 years or less, AI will perform any white-collar job for 100 a year. Robotics will do any blue-collar job for the same. This collapses the cost of gold mining and real estate construction. Gold and housing become abundant and cheap. Basic consumer goods also become abundant and cheap. And since the dollar is designed to debase against basic goods, it becomes even more worthless—along with every dollar-denominated fixed-income instrument. Even equities begin to lose their edge. Nvidia may have massive margins today, but tomorrow, AI can design a competitive GPU from scratch for a fraction of the cost. Apple’s moat disappears when AI can instantly create and launch rival smartphones. Exxon’s advantage erodes as AI and robotics unlock abundant, low-cost energy from untapped sources. Every traditional store of value gets disrupted. Except bitcoin. Bitcoin is the only asset on Earth that remains absolutely scarce—no matter how much energy, capital, or intelligence is thrown at it. There will only ever be 21,000,000. Only keep wealth outside of bitcoin you’re willing to lose. https://unchained.com/melting
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