AI bots are taking over the internet.

They're talking to each other, they're following each other on social media, and they are trading on the stock market, and actually getting pretty good at it.

Because of the way AI works, everything they say and do will then go back into the model

next time someone tries to grow an AI from the internet.

This is a process called model collapse.

And there's another kind of circularity involved in the AI story.

All the major companies involved are investing in one another. It's part of a complex web

of deals that's sustaining this current boom. It's one of the dreams of capital to become self-sustaining,

to no longer have to deal with the pesky trivialities of prices and consumers.

So humans aren't just being sucked into capitalism.

They're also slowly becoming almost irrelevant to it. Does capitalism even

still need us? Not really. That's the thesis of today's guest Marik Pollux, who's written

exo-capitalism, economies with absolutely no limits, one of the most mind-bending, mind-melting books you will read this year.

For this episode of our series on The Accelerating World, I spoke to Maric about the baffling economies

of cryptocurrencies, the AI bots that are taking over the internet and perhaps the economy,

high-fre frequency trading schemes,

the strange, hulking digital beasts that lurk on the internet and the strange fate of the small Pacific island of Nauru. So, Maric Pollux, welcome to do your own research.

Thanks so much for having me. I'm excited to be here. We saw James Donaldson, better known to everyone on this platform as Mr. Beast, yesterday

file a trademark for Mr. Beast financial. This, of course, could be just a quite like a cynical

kind of ploy. It could just be that he wants to get people on a particular app or he wants to, you know, could be just a kind of a cynical kind of ploy.

It could just be that he wants to get people on a particular app,

or he wants to take sort of fees.

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