What happens when you introduce the greatest intelligence ever known into the economy? Productivity goes through the roof, but all the numbers we use to measure everything... inflation, GDP, money itself... stop meaning what they used to. This is the Economic Singularity. My best guess is the transition starts around 2030, so we have about four years to position for a world that will look totally different on the other side. The good news is that everything driving it, AI, biotech, energy, is going exponential at the same time, which means the window to capitalise on it is open right now. I wrote The Everything Code to help as many people as possible see that and get ahead of it. @new_era_finance @CryptoMichNL

Everyones asking the same questions this week... Is AI a bubble, is the money just going round in circles, is this correction the start of the end... All of it misses something crucial.. which is the simple fact that none of the players in this race can stop. Intelligence per unit of energy is doubling roughly every 4.5 months, so if Google slows its buildout for a year, Microsoft ends up three years ahead... or pick any competitor you like. Whoever pauses is out of the most important technology in human history, and thats not coming back. This is the greatest discovery weve ever made and also the last one, because everything after this gets discovered by AI. Nobody is stepping off that race, they cant.

I've mentioned this before but the simple way to lower household electricity bills is to charge data centers a tax - more for grid use and less for self-generation and then use that to subsidize the local grid. Energy input is a very low cost input for the entire AI stack. Win/win

The biggest bottleneck with AI is the ultra scarce currency of human attention. We simply cannot deal with the Reeds Law double exponential of new information output. We are not build for the machine age where the substrate of intelligence switched from carbon based to silicon, which process 1m times faster.

Had the chance to sign some early copies of The Everything Code at Sui Basecamp in Singapore a couple of weeks ago. Hand has just about recovered... The Everything Code is out everywhere on Tuesday! @SuiNetwork

Everyone wants to know if the AI bubble is about to pop... My good friends @DMattin and @AndreasSteno got together for a special crossover on the Journeyman to dig into it. Funding stress, GPU rental prices still surging, OpenAI vs Anthropic, and why intelligence is becoming a commodity. The boom isnt bursting.. but the trade is changing. As ever, please enjoy!

I’ve spent most of this year writing about what AI will do the economy. This ones about what will happen to us Spoiler alert: it's not the doomer version where they take the jobs and we all die. As ever, please enjoy!

The hyperscalers are the biggest cash-generating businesses the world has ever seen. And they’re recycling all of that cash flow into the biggest capex build in history. It’s a self-reinforcing loop. They use the technology they’re building themselves, productivity rises, cash flows rise, capex accelerates. People worry about the borrowing, but these companies carry roughly 3.5% of their market cap in debt. They’re barely in debt at all. This is already the second largest capex event in history. The only bigger one was the railroads... and that cycle ran for 35 years. If intelligence keeps rising, capex keeps rising with it. There is no end to the need for data centers, compute and energy.

Joe Bland joined Real Vision as a member and entered our 2025 Trade Ideas competition... he still holds two of the top 5 trades of all time and is now one of our contributors.. The 2026 RV Trading League is live. Give it your best shot and win up to $100K in prizes. Free to enter. Your turn...