Unlimited genius

“Everyone should have access to unlimited genius” — Sam Altman of OpenAi

Sam Altman, one of the largest movers in the artificial intelligence (AI) field, recently released a stunning collection of observations and predictions based on how he sees the AI field progressing.

Things are moving faster than anyone could have expected.

Technology has been improving at an accelerated rate for years. Moore’s Law states technology doubles in its ability every 18 months.

Altman claims that AI is moving at an even faster pace, improving its ability at a 10x every year.

This is why, if you have been trying to keep up with the pace of change through headlines, there is no way you would be able to keep up. By the time a consumer learns something, another new product has been built on top of or improved upon the previous version.

At this pace, Altman believes that by the year 2035, one person will have the intellectual capacity of today’s entire workforce by accessing AI virtual assistants.

How that all looks remains a mystery to me. But regardless, what is able to be known is rapidly expanding, as well as our ability to innovate and improve the current systems in place.

Markets

The cost of AI, as it improves, is decreasing at a rate of 10x per year. As its input costs decrease, the hope is that it also greatly improves current workflow and reduces costs of most things.

In a world of huge government debts and inflation, could deflation due to technology one day become a risk? I think most people in power prefer small inflation than deflation, and I am sure is something they keep top of mind.

Altman lists that luxury goods and land could be a beneficiary of AI and will actually increase in value in the coming years. I tend to agree.

Think about it. As everyone gains access to knowledge that they never would have before, there is less distinction made between those who hold special knowledge in specific topics. For example, AI is able to already provide excellent tools to work through biblical passages. If I had ever wanted to become a professor teaching through a book of the Bible, AI will soon be able to do a better job from an informational standpoint than I ever could.

The special knowledge you have is no longer special. Think you are a good coder? AI is better and faster. Architecture design? Engineering? Writing? Software? Accounting?Maybe AI won’t take your job, but it certainly will democratize your specialty.

So, if everyone will be able to do what you do, what will make you stand out?

Luxury goods. Designed specifically for you that you can stand out from the masses. Something that distinguishes you.

And land. Grow some apples. Raise some chickens. The things you can do with land will become more and more valuable in a world that is more and more intertwined with a digital and robotic world.

Below are the links to the articles I am referencing. I encourage you to check them out!

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