"America Is About To Crash Into A Brick Wall" | David Friedberg PT 2
Tom Bilyeu's Impact Theory
Impact Theory
4.7 • 5.2K Ratings
🗓️ 3 July 2024
⏱️ 83 minutes
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Summary
Welcome back to part 2 of this insightful conversation with David Friedberg.
Dive deeper with us into our discussion on the incredible potentials in gene editing, why inflation could be more dangerous than you think, and how successful entrepreneurs like Elon Musk and Jeff Bezos are driving the world forward despite public perception.
We also delve into the future of money and inflation, how our perceptions of technology can either stifle or propel progress, and explore how new technologies and AI are shifting societal norms and market dynamics.
So if you're eager to grasp how innovative advancements are shaping our world and what it means for our collective future, then you won’t want to miss out on the final part of this thought-provoking conversation with David Friedberg.
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Transcript
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| 0:00.0 | You could ask yourself, what do we celebrate? |
| 0:02.0 | My income isn't going up as an individual. I'm not making more money, but this guy's got $200 billion. The US doesn't know paying. Like, we have no idea. There's a world where we embrace technology, where we say we're not going to be fearful of loss, but we're going to embrace the risk, because the upside is worth it. We can go to the moon. We can go to Mars. |
| 0:22.0 | We can cure cancer. |
| 0:23.5 | Some people will die, but we can do it. |
| 0:28.7 | And there's a cultural tradition of celebrating people that do great things. |
| 0:33.6 | Historically. |
| 0:34.8 | Why do you say that? |
| 0:36.0 | Because this I think is why I'm bringing it up. This has changed. |
| 0:38.3 | Tell me about it. |
| 0:39.3 | Well, I think that this disparity in wealth that arises from successful entrepreneurism, |
| 0:46.3 | and the majority of Americans, if you look on an inflation-adjusted basis over the last |
| 0:51.3 | 10 years, have not seen their incomes rise. |
| 0:53.3 | And so going back to my original |
| 0:54.6 | point, happiness is driven by changes in income. So when we got social media, when we got, I mean, |
| 1:02.0 | look, there was always media, but now there's like so much more access. I get to see what Kanye West is |
| 1:05.8 | doing every day. I get to see the plane that Kim Kardashian is flying in. |
| 1:15.5 | I get to see what Justin Bieber, like how much he's spending on his new Lamborghini. |
| 1:21.7 | Like there's an element now of insight that I have as a citizen. |
| 1:23.3 | I never had. |
| 1:28.7 | And we always had ultra wealthy people in capitalist societies. |
| 1:31.2 | There were always people who have outsized returns. |
| 1:38.1 | Someone who figures out how to make a golden goose can start making more golden geese and more golden geese before anyone else figures out how to make golden goose. |
... |
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