AI vs. Capital: The Real Disruption | MOONSHOTS

there's a, a deeper take that's more profound that I haven't heard anyone discussing, which is if IPOs are being delayed because large private companies don't need external capital or external liquidity because they're achieving recursive self-improvement, that in my mind marks potentially the beginning of a decoupling between technology and capital. A lot of the commentary or hand-wringing as has been the case for more than a century, about capital substituting for labor. What happens when the AI takes all of the human jobs? That's capital V labor. I've heard almost no one commenting on what happens if technology substitutes for capital. Will we need capital in a few decades, or does capital itself get displaced by technological advances? If we start to see technology decouple from capital, this is like an early warning signal for what a post-capitalist economy could look like where technology is just so empowered, you don't actually need capital very much anymore.