Raoul Pal on Amazon robots and AI
by Freddenver: Amazon
Nobody can actually estimate what US GDP will look like over the next ten years because we are witnessing an adoption rate faster than anything ever seen before. It's a double exponent phenomenon that doesn't exist in nature, moving at Metcalfe's law squared or Reed's law rather than the logarithmic charts crypto participants have grown used to handling. Raoul Pal points to Amazon as the blueprint for this shift, predicting more robots than humans will be working there by next year. The operation includes drones, self-driving cars, and robotic AI systems alongside massive data centers. Every single bit of that infrastructure gets funded by consumers buying toilet paper online, creating an extraordinary business model where productivity and margins keep climbing without stopping. Pal believes the global economy will experience similar explosive growth once AI gets implemented at enough scale and speed. The issue is that current trends move so fast that traditional forecasting breaks down completely. #Amazon #AI
Transcript (en)
They've now got, by next year, more robots than humans working at Amazon. They have drones, self-driving cars. They have, so they've got the whole robotics, AI, plus the data centers. They've got all of that funded by you and I buying toilet roll online. You know, it's extraordinary business. But their productivity, i.e. their margins, have just gone up all the time. And that's exactly what's going to happen to the US economy and other economies once they implement AI at enough scale and speed. Like if you were to estimate what US GDP is going to do in like the next 10 years, like how big do you think you can't? You can't. So you don't know because everything, the issue is we're in crypto, we're kind of used to Metcalfe's law and logarithmic charts, right? We can kind of deal with that. But this is all happening at Metcalfe's law squared, Reed's law. it's a double exponent it doesn't exist in nature right this is the fastest thing we've ever witnessed in terms of adoption of anything so I have no idea what the world's going to look like nor do you we had no idea that the beginning of the year ages
