jakiro
Author: Big and Big Orange; Source: X, @0xVeryBigOrange
The decades after World War II were the golden age of the middle class.The rules of the game at that time were very simple: if you go to school, find a stable job, and buy a house, you can slowly accumulate wealth by relying on salary plus real estate.Labor is the real core value. The global financial structure is operating under the Bretton Woods system. The proportion of middle class continues to rise and society is relatively stable.
But today, the AI revolution makes this completely different.The essence of AI is “capital replacement labor.”Whoever masters computing power, algorithms and platforms will be able to take away the biggest dividends.Super companies are becoming stronger due to scale and network effects, and a large number of intermediate-skilled positions are being quickly replaced.The future pattern will become clearer:The top rich people gathered stronger and stronger. The bottom class relied on subsidies to survive, while the middle class was compressed step by step, and the proportion continued to decline..This is completely different from the financial landscape in the decades after World War II.
In such an environment,“Cash is king” has been completely out of date, and the logic of buying a house to preserve value in the world is also ineffective..Cash will only continue to shrink in the face of accelerated inflation and capital appreciation, and real estate has long been no longer a tool for wealth appreciation in the general sense, and in many cases it even becomes a drag.Continuing to stick to cash and real estate will only underperform the general trend more and more.
The real answer is simple:Firmly hold risky assets.
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gold: Hard currency for thousands of years is the bottom position for the time-travel cycle.
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Bitcoin and Ethereum: It has become a “hard asset” in the digital world, which can not only resist inflation, but also closely linked to the capital logic of the new financial system and the AI era.
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Some US stock technology leaders: Computing power, AI, and platform companies will continue to monopolize profits, which is the most direct export of capital dividends.
These risky assets are indeed very volatile in the short term, but in the long run, they are what is truly bound to productivity and capital returns.The AI era is not about who works harder, but who stands on the side of capital earlier and firmly.Whoever can hold on to these risky assets will have the opportunity to continue to be upstream in future wealth distribution.
