4 ms·
Before being frozen, what would you do w/ your current wealth to ensure you have something of value in the future?
by snikeris 4y ago
Before being frozen, what would you do w/ your current wealth to ensure you have something of value in the future?
- ben_w 4y agoThere’s no way for me to ensure that outcome given I believe the nature of the world economy is not forecastable that far ahead. In the Dyson swarm scenario, assuming constant population, the productive capacity per person is 2500 times higher than the current global output, and a random act of rounding-error charity would give you more than Musk, Bezos, Zuckerberg combined, and it won’t matter if you have nothing (unless your sense of self worth exists only by the size of your bank account). In the stagnant scenario, you might be OK with property, if you can be sure it will be maintained in the meanwhile. In a decay scenario, I wouldn’t even want to guess what’s resilient, but houses will be fairly redundant due to oversupply. But those scenarios were deliberately chosen as illustrative outliers; there are options between them, and I would do no better with making the right choices there — a limited AI that makes one sector redundant would destroy any investment I made in that sector while also making the output of that sector too cheap to bill separately, much as digital computers have done to the human profession of “computer”.
- alexanderdmitri 4y agoInvest in the entities that are managing your storage and unfreezing.