WARNING: I will NEVER ask for your contact info in the comments section, that is someone impersonating me!
@TheseusTitan Says:
Metcalfe’s law states that the value of a network is proportional to the square of the number of connected users. As the physical cost of the network grows linearly, its value grows exponentially
@jacobcrumb3323 Says:
Tom???
@michealbell142 Says:
1:52:10 flaw in this line of thought. You won't need robots or robust productivity with fewer humans. The Demand falls
@michealbell142 Says:
1:25:48 government papered over job losses
@michealbell142 Says:
1:26:13 he was right about rates coming down and layoffs.
@alanforster378 Says:
It was not "baby boomers" ` this is inaccurate and lazy . Just like saying that a country has gone to war., wrong, a few or even a single individual chooses to go to war , not a whole country, War is never put to a general vote., neither is economic policy. `
The ordinary citizen is never asked , they are ordered. That generation did the best they could with what was available ,just like every generation has to. People do not get the government they deserve while there is deception and manipulation being used on them , this is victim blaming . Its like blaming the kids for not stopping their parents.
It is divisive and insulting to blame a whole generation for the acts of a few people from that generation. Much of the confusion and conflict in this world comes from exactly this, sloppy categorization and labeling, a skin deep level of understanding and dialogue.
( Yes born in 61 - not my choice, ) .
@scorpio-z9d Says:
Just listening to this and Raoul says 'we'll just print money to invest in clean energy and replace fossil fuels' - which is b@t$h1t crazy - the best inventions simply take off and can be financed through the private sector - the idea that the government(s) are going to print, print, print and create these industries is insane.
Obamacare 'fixed healthcare' and costs are still out of control. The Biden green energy bill where they were going to install thousands of EV charging stations with $50 Billion, at this point something like 5 to 10 have been installed. What a joke. This has to be the stupid3st idea that I have ever heard of. Not a surprise that it comes from a baby boomer. This is your brain on drugs.
If you want to drive energy prices down invade Saudi Arabia and set the price at $10 a barrel. [and by the way the world is using more and more fossil fuels that it ever has and the air is getting cleaner and yes - global freezing, global warming, climate change is bull$hit.
Another point is that there aren't enough rare earth minerals to provide all the batteries needed to power EVs - and - you need fossil fuel vehicles to mine the minerals because you can't generate enough energy to mine rare earth minerals with EVs.
Only shot at replacing fossil fuels is nuclear - but, you still have the problem with a small percentage of rare earth minerals (lithium, nickel, etc) exists for the batteries.
What bull$h1t.
Another radical idea - how about the government stops over-spending - massive amounts of money are spent on cr@p with layers and layers of idiot$ f'ing up things left and right. We could balance the budget if the U.S. returned to 2019 spending levels.
F'ing boomers.
@davidrounds3245 Says:
Tom, I don't think you understand what is happening in AI. It already is not like "code". It can learn by reading, by watching, by imitating. It is going to think for itself. Musk spent billions and many, many years "coding for autonomous driving." A year or so ago he turned over that project to AI that Tesla created. After the first AI version, he scrapped the entire 10+ years of coding. Now a new software version comes out almost every week. It has improved a thousand percent in less than a year. It is almost perfect today. It learned to drive by watching millions of hours of video with humans driving Tesla cars with cameras. No coding, it learned by watching video. That same software is going into the Optimus Robots at Tesla, some of which are already working in the plants. Show it how to do the job, it learns how to do the job, that's it, no coding. It's not coming, it is here.
@tobberfutooagain2628 Says:
I just had a vision of the future…..
A sea of sleeping bags…
And Starlink antennas….
@kimchicrypto Says:
Buy The Dip and Hodl for 1 year. That's what you need to do. It's that Simple #crypto
@aurorav.1919 Says:
That music part… one one hand I like the idea. But I hate the idea that a computer can perfect for a novice what took me my whole life solely dedicated to to learn. I sing better than anyone I know but it’s also my sole drive and purpose. Here comes a bloody machine to make me useless. That’s what I hate
@notgettingdata Says:
It was uet another war ie wwll that caused the the velocity of money to slow down or stop, cuz the baby boomers are the result of killing of asection of the population which then has to be replaced . Its the endless wars that have the ripple effect through time. Its like saying your symtoms are causing your illness the the virus etc. am i wrong ? Would we have had baby boomers if they're hadn't been a world war II?
@Starfish2145 Says:
Oh, so you’re gonna blame the baby boomers for everything? 🙄
@CharlesVaughn-bm9gq Says:
Raul - master of the obvious.
@markcortez8071 Says:
For goodness sake, stop interrupting the guest! 😂
@gubzs Says:
"How does meaning exist in a world with AI?"
You're in a thought bubble as an entrepreneur Tom. The overwhelming majority of people not only get zero fulfillment from their job, they actively dislike it.
We already _have_ zero meaning, it's just zero meaning with miserable work layered on top.
@togocat1 Says:
The baby boomers I know are spending all their money on vacations, health care, and their grandchildren. No hoarding up in Canada. They are hoarding all the middle and upper class homes. We have a serious crisis up here in the great white North in regards to the boomers hoarding these particular dwellings. However, how do I put this lightly, they don't have long to be in the hoarding way and all the moola and estates will be back in business and the cycle continues.
@danieldewoeste Says:
The crowd is not making the good decision,its because the big club controls media ,also btc will hit 99999999999999999 but the buy power will be 0 and I,m in bitcoin from 2010 at the end silver gold will win like it always do you will see the light at the end
@JefferyDuns Says:
Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
@crypto1348 Says:
We care more about your expert guests opinions than your interruptions. You're being narcasistic and self centered if you don't get put of the way and let the guest explain!
@matbob7249 Says:
How many kids do these both gentlemen have?
0..
Realize all this knowledge will disappear. No kids no future
@jefferykolb Says:
I wonder what Raul’s thoughts are on the coming currency “reset”?
@jefferymarks7344 Says:
Arcblock created digital id.
@davidbourne8267 Says:
Bitcoin = fools gold.
@PatrickGalbraith Says:
No. Hay. Plata
@oldrin1876 Says:
This is a great video, more people need to watch it!
@snowyowl6892 Says:
Here’s Tom again .. inviting a guest .. then making sure the whole interview is about Tom.
🥱🥱🥱
@francescaderimini2931 Says:
I paid my house off in 3 yrs! Then my taxes more than doubled.
@TheThetruthmaster1 Says:
Maybe some land 10 minutes out of town and a t railer😧
@DevonBagley Says:
The inflation of the 70s can be correlated to other things as well, like the introduction of the fiat monetary system in the U.S., and the increased money supply that came as a result of that. They just were not prepared for the consequences that would come from turning on the money printers to finance the government when they couldn't pay the Vietnam war debts and their mandatory spending obligations on tax receipts alone. The fact that this happened around the same time period that boomers were coming of age is coincidental, but your theory that was the leading cause can be dismissed by simply looking at the wage data of the period. IF it were just a matter of demographics we would have seen a contraction in wages, due to the supply/demand of labor being out of wack near the end of the 70s, not the beginning. In reality we begin to see declines in real wages right at the introduction of Fiat dollars in 1971, at which point real wages adjusted for inflation were actually declining at nearly 9% despite seeing the same 6% per year growth that had persisted through the latter part of the 60's. The vast majority of boomers wouldn't even enter the workforce until after 1975 after the majority of the wage decline had already occurred. Only a small minority of boomers were even of working age by 1971, let alone ready to marry, and buy houses etc...
@Cunncuts Says:
1000th comment
@GrouseAttack Says:
How is debt a problem? Isn’t debt the entire foundation of our economic system? I mean….34 trillion isn’t even a comprehensible number in the context of a human lifespan.
@MrVaughnEric Says:
I find it a little odd that the central banks are not buying loads of crypto! However, there are a lot of government Banks and countries repatriating gold and silver... 🤔
@Jefk-s8o Says:
NO ITS NOT.. ITS ALL CAUSED BY GOVERNMENTS THATS IT... GOVERNMENTS ARE SCUM WE SRE STOPPING ARE TAXES END OF
@josephrecabarren6654 Says:
Im absolutely shocked Raoul didnt mention anything about iso20022 or stellar or ripple and by extension XRP or XLM. Talking about the banking financial system change and stable coins. When hes asked about them is very optimistic but voluntarily im guessing he is not invested in them. That tells me volumes. Eth has to deal with eth gate.
@josephrecabarren6654 Says:
Sry bud but your still not drawing it lol. You cant visually express whats in your mind and now you can but a.i. didnt give you the abilities to draw. That is a trade you need to put in time to actually physically learn. But i am happy its made you able to express yourself in that sense because like you said after that you can verbally express yourself well but some others' language is visual learning. So it is just an extent of that.
@josephrecabarren6654 Says:
So blackrock ETF's, thats a way of connecting peoples money back to the banks tether is the money printer digitally. This is there way of putting the banks back in control.
@nukeout Says:
2:13:00 I just moved to EU instead of another state so the US ended up suffering brain drain over “states rights” instead of enforcing common sense in all states and territories 🇺🇸
@aaronsmyth7943 Says:
Raoul is heavily invested in chin wipes, he swears by them.
@alexvalerio586 Says:
Tom is notorious for interrupting
@maggie-haab Says:
Tom interrupts right at the beginning for..? Political reasons?
@vincemartin5323 Says:
Many Points made in this video are Extremely Debatable. Opinions Are fine. Do not take these as facts.
@cindybogart6062 Says:
Sadly, Biden has read The Fourth Turning & is making it all happen inline with the book! How scary this all is when you are living it!
@dpbg Says:
Tom. Please. Start eating again properly, because your emotions are all over the place. You're acting like a 10 year old kid.
@mirrorcube3709 Says:
I love Raoul Pal... But that green screen always raises questions in my mind....
@YslasPerformamceTraining Says:
Did anyone else notice that he is in a different room with a different shirt Tom’s all over the place
@Adler_GGG Says:
Bitcoin can go to zero and be manipulated. Hard assets that produce value is where its at.
@dntstpmving Says:
Sorry Guys
Ai is going to take out the complete mid Management
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