I agree. Economic singularity might lead to some political and societal turmoil, as the world adjusts to the notion of labor irrelevancy. For as long as the process is gradual, we have a chance to reinvent “capitalism” in an non-violent fashion. Beyond that, I can only hope to live long enough to find out.
CIO, HonTe Investments. Ran global macro at JPM. Yahoo! Finance Contributor. Ph.D. in Mathematics. Author, The Next Perfect Trade. No investment advice.
