What would the stock market post-AGI (or whatever you want to call it) look like? I really wonder if its worth investing in stock right now. I wonder if we can expect a huge market crash when most economic value is concentrated on one or two companies, or unlisted companies. That would basically drain the entire stock market, and doesnt sound entirely unrealistic.
Another option of course is that the stocks explode since the companies produce so so much value. I am sceptical of that. The question is—can we trust the superrich to keep the stock market up or will they jump ship once they notice AI might take over? How will we notice before the average business man notices? Once the superrich jump ship and dump all their stocks because AIs can create their own companies that can do everything better, my savings in form of stock would mean… not much.
So is it better to just save “raw money”? Or something inbetween, some part as normal money and some as stock, which one should be quick to dump once AI hits a certain point? I wonder what your thoughts are on this, I havent found a discussion about it on here, though I am sure it exists.
What would the stock market post-AGI (or whatever you want to call it) look like? I really wonder if its worth investing in stock right now. I wonder if we can expect a huge market crash when most economic value is concentrated on one or two companies, or unlisted companies. That would basically drain the entire stock market, and doesnt sound entirely unrealistic.
Another option of course is that the stocks explode since the companies produce so so much value. I am sceptical of that. The question is—can we trust the superrich to keep the stock market up or will they jump ship once they notice AI might take over? How will we notice before the average business man notices? Once the superrich jump ship and dump all their stocks because AIs can create their own companies that can do everything better, my savings in form of stock would mean… not much.
So is it better to just save “raw money”? Or something inbetween, some part as normal money and some as stock, which one should be quick to dump once AI hits a certain point? I wonder what your thoughts are on this, I havent found a discussion about it on here, though I am sure it exists.