WiM016 - The Booth Series | Episode 6 | Intelligence, Information, and Ideas

Jeff Booth joins me for a multi-episode conversation covering the concepts laid out in his book "The Price of Tomorrow: Why Deflation is Key to an Abundant Future" Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/ GUEST Jeff's Twitter: https://twitter.com/JeffBooth Jeff's Book: https://www.amazon.com/Price-Tomorrow-Deflation-Abundant-Future/dp/1999257405/ref=sr_1_2?keywords=the+price+of+tomorrow&qid=1574403883&sr=8-2 PODCAST Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1 RSS Feed: https://feeds.simplecast.com/MLdpYXYI OUTLINE 00:00:00 “What is Money?” Intro 00:00:05 NYDIG 00:01:22 Intelligence is Error Correction 00:04:39 “If electricity was a match, AI is the sun.” 00:08:09 Narrow Artificial Intelligence 00:12:09 AI and the End of Jobs 00:16:50 AI Improves Exponentially 00:19:52 Growth Today is the Removal of Jobs 00:23:57 Inflation Concentrates Monopoly Power 00:27:36 The End of Jobs Formula 00:29:28 No Industry is Safe 00:31:37 Information Wants to be Free 00:33:58 Bitcoin Breaks Old Belief Systems 00:38:21 The Digital Enlightenment and Memetics 00:42:40 Entrepreneurs Fit Current Action to Future Market Data 00:47:14 “People Don’t Have Ideas, Ideas Have People.” 00:50:15 Once You See Deflation, You Can’t Unsee It 00:52:02 The Best Information Wins 00:55:50 “All I know is That I Know Nothing At All.” 00:58:00 The Free Market is The Sum of All Intelligence 01:01:27 Bitcoin Defunds Communism 01:03:46 End SOCIAL Twitter: https://twitter.com/Breedlove22 LinkedIn: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ Medium: https://breedlove22.medium.com/ All My Current Work: https://linktr.ee/breedlove22​ CONTRIBUTE Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Patreon: https://www.patreon.com/user?u=32843101&fan_landing=true