lemme share a practical example of this - invent...
a lot of what we call progress - is economy and 'game' of it..
the 'markets' : where 'shares' define democracy and 'open markets' of it.
with ai : all trends/charts : bets : become 'predictable'
it would become - matter of latency : of putting in 'bets'..
but that is exclusive to 'near' and 'fast' of it - spot trading.
the larger klass of investors..
would sooner or later : integrate the trading algos : as part of it..
the markets : would become - predictable : as ai gets around..
and 'trading' becomes - past.
returns : would become - predictable : not 'high'.
and we have a less class of 'leech' : the 'brainers' called - traders..
earning money : to leech off.
this is just 1 change : which i see in this next few years.
end of - dullas.