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AI Riots vs "Moore's Law for Everything" by Sam Altman
https://youtu.be/JEFEJsTxPCc?si=O6VrqApeZnkrcU34

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Hi Everyone Sandman Here,

This video is brought to you by a donation from Mario and here's what he has to say: "Good Day, Sandman, I respectfully request your opinion on Moore’s Law as it applies to AI / deflation / and the cost of labor. Will AI compound at a rate of 36% per year (i.e., double every two years)? Will Moore’s Law/AI inversely apply to the cost of labor (I.e., the cost of labor will cost half was much every two years)? I've sent you a link to a YouTube video that breaks down a paper written by Sam Altman titled ‘Moore’s Law for Everything’. Thank you for your time and consideration. Very Respectfully, Mario. Well Mario thanks for the donation and topic. I'm glad someone else is thinking about this besides myself. Why do you think I've been panic buying Microsoft and Nvidia shares? I've been on the forefront of technological revolutions my entire life. I was one of the first to use digital cameras, photoshop and Avid non-linear editing in the mid nineteen nineties. I was a dotcomer also known as a webmaster in the late nineties and early 2000s. Basically a online content creator. I was going to sink all my money into Google stock when it went IPO back then because Google started paying me in 2004 but I was too chickenship. I also started experimenting with YouTube in the late 2000s and became a YouTuber. I also received my first Bitcoin in 2014 starting of orange pilling. So when I saw the recent advances in AI in the last one to two years I was blown away by how quickly AI was evolving thanks to Sam Altman and OpenAI. ChatGPT especially replacing writing and Sora, which is used in the video you sent me Mario replaces video makers like myself which I've done my entire life. It's going to accelerate exponentially the way that Moore's law predicts. I've been watching the Wes Roth YouTube channel for a while now and watched the video link you sent me before you sent it. I first really started to think about AI based deflation as technology makes things cheaper and cheaper. My journey began Jeff Booth, a proponent of both technological deflation and bitcoin. Back in early 2020 just as the coof was getting started he made a video on the Real Vision YouTube channel and he asked people if we folded a piece of paper over and over again how far would it get on the 50th fold. The answer is the sun. It's like that analogy of doubling the grains of sand on a chess board on each spot. There isn't enough rice in the world to make that work. Jeff Booth explained inflation and how the financial system has to keep inflating the currency to deal with technological deflation and that's exactly what the central banks did back then. Even with all the inflation TVs keep getting cheaper and cheaper. That's the best example of technological deflation that we are all aware of. The price of everything would be falling but it's being offset through money printing and inflation. Booth and Altman both say that technology will provide abundance that's what Altman is saying.

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