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Investing - Theory, News & General • Dot.Com Era/AI Era?

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Profit destruction is why capitalism's worked.
As some have said, it's the worst economic system, except for all the others.
I don't think capitalism will take us much further.
They've been saying that for decades, if not centuries. That's a perpetual prognostication.
But AI now offers a much more efficient way of achieving the same thing. And it can take over without having to rebuild the system.
There's always something new that will "take over". That's another perpetual prognostication.

Which brings us back to:
There's always an ultimate disruptor.

The more things change, the more they stay the same.

This time isn't different. Tune out the noise. Stay the course.

Statistics: Posted by HanSolo — Thu Apr 04, 2024 1:28 am — Replies 372 — Views 35259



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