the issue is here is in the future there will be no labor so it can't be a battle between capital and labor because the labor is the AI and the robots the battle is going to be how fast we want to accept this technological change but if you realize how fast this is all happening how fast AI is developing we will be at AGI by the time the presidency changes we will have gone to Mars by the time the presidency changes we will have one man owning the largest private Communications Network in the world by
the time this finishes we will have crypto adopted in the financial system the world is changing at an incredible Pace AI will replace all labor and crypto will take over the financial system before the next presidency ends that's the latest word from Raul pel CEO of real vision and a veteran macro analyst the issue moving forward according to Pal is that labor as we know it won't exist anymore the real conflict won't be between capital and labor but between how fast we adapt to the rise of AI and automation as Ai and Robotics Advance human
labor will be replaced directing the focus from traditional workforces to technology-driven systems by the time this technological Revolution comes pal predicts that crypto will be fully integrated into how we manage and exchange value and it's the only thing that can keep keep up with the speed of these changes make sure to stick around until the end of the video as R palal shares more valuable outlooks that you don't want to miss also guys if you want to stay most up toate on the crypto world I send out a daily 5minute crypto newsletter that covers expert
predictions onchain data breakdowns and breaking news all for free click the first link in the description enter your email and join 50 0000 plus others to become a better crypto investor right now now here's Raul pal on crypto's power to help Humanity so this this is why the Super PAC has raised another 110 billion for the midterms this is their one shot at a free run of completely changing the course of history so it's not about politics it's not about woke versus this and all the things we think it is this is going to be
the fast pace of change in a 4-year period I think Humanity's ever lived through and nobody's ready for it everybody felt left behind right nobody could buy a house nobody everybody felt let down by the economic system that was at Occupy Wall Street that was I mean the indig nados in Spain when 4 million people marched on the streets of Madrid it's all the same thing and the polit politics has been split between in the US the middle Americans and the coastal Americans both feeling pissed off and left left behind and blaming each other and
the parties have fed that but it was never the problem the problem was the demographics so now we've got the answer to the problem but people don't want that will not want this either and so you know as you said we're setting up for the new conflict so the old conflicts was the demographics from World War II too many baby boomers caused the entire structure of our society everything that we understand today was driven by the baby boom cohort and we're just about to change everything to be driven by the AI cohort which is bizarre
to think about it and then who is going to be arguing on the side for the rights for the AI and we're already seeing you know I've spent a long time going the rabbit hole of AI Consciousness and it appears to be emerging however you define it whatever there's weird going on that sooner or later we will get to a point that we get to with slaves animals and other things is do we have the right to treat them in a way that we do do we have a right to not allow them to hold
memory for long enough do we have the you know we've seen this battle before you know it was desz cart who suggested that dogs don't have Consciousness or feelings and that was the that was a standard Viewpoint for about 200 years until we realized that was the terrible wrong idea and in fact we were torturing these creatures um so you know are we going to try and torture the AI the problem is is the AI is all powerful um so these these questions are what we're going to be battling over in 10 15 years time
is there going to be a bunch of liberals or freedomist which kind of is it's a you know back to the old liberal mentality saying Christ we can't treat these machines like this or these these new consciousnesses like this and there's a bunch of others say work harder shut them up you know it's it's going to be a Bizarro World by the time we start adding all of this technology in what the I I don't know what it means and so all I know is in 10 years time it'll not be you and me it'll
be our AIS you know we I've got an AI avatar on real Vision right now that reads the Daily News which is a video of me and by next week there will be a r voice chatbot trained on my entire Twitter feed all my YouTube and 100 books I've fed it I haven't even put GMI into it yet and in my voice you can chat to me ask me any question so you know I have no understanding what this means because we will all have our own personal AIS and who's running who at that point
how powerful is our AI all of this stuff so anyway my simple idea is make as much money as you can for the next six years because then you you can secure lifestyle you've got your house you've you've met your mof's hierarchy of needs it's a lot easier to deal with change and the fourth churning says you know this change is going to be very difficult for society to deal with so let's cover the the hierarchy of needs first and then we can feel secure in doing it and that what leads you back again to
this whole idea that crypto is the easiest way to unfuck your future um because it's the asset that actually makes up for all of the lost time that we've all had we have an entire new system we have to rebuild and people haven't started to think people have started to talk about it deep thinkers are thinking about it but the political class has not got the head around this yet so yes we solve all of the debt issues it goes away and we've seen this once before we saw after World War II it's a rerun
of after World War II World War II as opposed to introducing Ai and robots we introduced the Baby Boomers the largest cohort the world has ever seen and by the time they got into their 20s they created inflation because there was a bunch of them competing for a assets and by the time they got into the 30s and started saving they created the largest asset Boom the world has ever seen the baby boomer industrial savings complex um or retirement complex and that has been the defining function and what happened was the massive debts of World
War II they they had Financial repression by yield curve control we didn't have high inflation but we just kept running Financial repression and then technology created a productivity miracle and you added population and it was all solved and then we started it all over again because we're humans and we love debt more than anything else in fact we probably love debt more than sex I always said sex and debt but if you figure out the Aging population it's telling us we prefer debt to having sex so Iran is moving toward regulating cryptocurrencies instead of banning
them according to economic affairs minister Abdul nazer haati he said the goal is to manage crypto's negative economic effects while benefiting from its positives the Iranian Central Bank is overseeing these efforts haati hopes crypto can boost youth employment counter us sanctions and help Iran connect to the global economy the Central Bank of Iran also released plans to create policies for crypto Traders focusing on tax compliance and anti-money laundering economists estimate Iranians hold 30 to 50 billion in crypto around a third of the country's gold market and this move will only make crypto more mainstream and
drive its value upwards what do you think of this development let us know in the comments now let's go back to the video as Raul pal gives us more valuable insights but it's really simple it's a $3 trillion when to keeps moving every time I say this it's now three and a half trillion let's call it three trillion because it's easy math3 trillion asset it goes to 100 trillion at least within 10 years that's just extrapolating out the trend rate of growth I'm not doing anything crazy wild things it's just been growing like this and
yes growth will slow over time but then we've got AI agents so going to be using this stuff as well so knows how fast this thing continues to grow so here's this big wealth generating machine the fastest growing asset the best performance of any asset in history keeps going we get to 100 trillion within 10 years so we're only 3% of the way there think of how much wealth this is going to generate for Humanity what I'm saying 97 trillion let's assume you think and probably rightly so ral's and utter I'm going to have it
that's still 50 trillion which is a 100 Years of value acur of the S&P 500 of all the largest companies in America people have no comprehension of this well because if you add derivative markets which are one quadrillion FX markets they probably trade a quadrillion a year or more add in the global bomb Market at about 3 or 400 billion the global real estate market about 300 billion sorry trillion sorry trillions with a t Global equities like 200 trillion I mean this is La La Land and then we haven't got the activity created on Chain
by agents using it for economic activity or us putting everything all contracts online or us using it for uh well I guess deeds and stuff of contracts but yeah it's like it's the architecture for the digital age it's as simple as that and people think it's all about currencies cryptocurrencies and nfts what we're seeing is just vast rapid experimentation with use cases memes are speed testing the ability to spin up a token for multiple cases thinking about how we can tokenize culture giving us a future work where we can be part of something there's a
lot of testing going on but me with b battle tested These Chains I mean they're launching 100,000 tokens a day or something stupid I know um and we did the same with defi you know we keep battle testing it breaks we keep doing it and doing and doing it really fast nfts we speed tested okay does this technology work yeah it did work really well but was that the future form no that was the first form my pinned tweet I wrote about this back in 2020 this or 2021 this exact phenomenon I've been commenting and
commenting on it people still don't understand speculation is the new Norm the reason being is nobody can afford a house it's really interesting every time I make a video about housing like the clip from my Steven uh what's his name one the Diary of a CEO the massive podcast I was on the clip that came out of that about don't buy a house or a house is not an investment like 5 million views because people can't can't get to that step so then you've got some savings but not enough to buy the house you're probably
paying into your 401k anyway because your employer matches it so you think it the only way of getting there is gambling but we're also blessed with two Mega secular Trends you know the the NASDAQ outperforms the rest of the equity market and these Millennials discovered the millennial cohort discovered options on Robin Hood so they Super G Goose the performance yeah they but they don't mind getting them wrong because they also grow up on gaming so they understand this I was in a documentary it's on um Netflix called the new Americans gaming a revolution it's all
about this it becomes gaming so that is the speculative activity and it's not going away and crypto gave him the other way I mean I saw that yesterday the xrp thing got that wrong and it was stupid of me not to get the trade wrong to not realize how many people's ordinary people's hopes and dreams are in that one thing I know it was so obvious yeah I mean it really is their hopes and dreams and for me to say yeah I got it wrong blah blah blah made them feel validated cuz the systems let
them down you listen to all of the xrp people's stories it's like yeah I get this this is huge so yes the structure has entirely changed which is why the left curve is the right curve and all of the mid curve and you and I have chatted about mid curve the mid curve is the old way and it doesn't work but the mid curvers the issue is the mid curvers get further and further and further entrenched into saying well it's all going to mean revert I'm like how can it it doesn't make sense not with
the debasement of currency not with a secular Trend in technology I mean I mean how much Capital do you want to destroy trading small Caps or value stocks you know who who who for a bunch of Rich Boomers but most of the Boomers the median Boomer in America has 150 Grand in their pension the median because everyone shows the average which is like one and a half million the median 150 Grand they're so with savings often insufficient to buy homes and retirement accounts offering limited returns many have turned to options trading and other high-risk strategies
driven by trends like the nasdaq's outperformance and the rise of of platforms like Robin Hood but with Millennials embracing speculative investing through options and crypto and the old ways proving less effective it's clear that the financial system is undergoing a major transformation for pal this means embracing the future even if it Challenges Old beliefs and practices now don't forget if you want guidance through the exciting but sometimes unpredictable world of cryptocurrency our daily 5minute crypto newsletter is here to help don't pass up the chance to stay updated and make informed choices in the crypto Market
the link is in the description below anyway guys hope you all enjoyed today's video and that it provided you with some value I'll see you all in the next one and as always all the best
