On today’s show we are not talking about real estate, but instead about a major shift that is taking place in society.
We have an unstated assumption in our world that more is better. We want more money, a bigger house, a faster car, a bigger boat.
As investors we want more units, more mobile home parks, a higher rate of return, a longer vacation.
Marketers want more content, more more more. We are literally carpet bombing people with advertising.
To what end?
That is the same impetus that drove fossil fuel extraction. It is the same impetus that drove the building of entire cities in China that remain empty with no inhabitants. It is the same impetus that created the Netflix library with more streaming content than you could ever watch in your lifetime.
We are mechanizing art. We won’t have the time to absorb it all.
We are going to need AI to summarize the crap created by AI for us.
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Host: Victor Menasce
email: podcast@victorjm.com