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What a wild ride, but we're almost there, AGI is within reach. The consequences are unforeseeable, Dario Amodei warns of the economic consequences, as does Sam Altman in his last blog entry (fun fact: I'm currently writing a very long article about AI and the impact on the world of labour. I've already written 20 pages, the article will be published soon, probably about 30 pages all in). We must not delude ourselves: the ‘good life’ will not automatically come about just because AGI is there. We have to ensure that the distribution of wealth is well distributed. We have to ensure that everyone can participate in the compute. AGI creates the conditions for human prosperity, for abundance, so to speak. But it is political decisions that ultimately determine how participation happens. Be that as it may, AGI is coming faster than we think, as Masayoshi Son recently said. And as the largest investor in OpenAI and Project Stargate, he probably knows. Currently, the richest companies in the world face a dilemma. They don't know what to do with their money. And that's no joke. Apple, for example, has so much cash that they receive billions in interest annually. The only good investment that guarantees a foreseeable return on investment (ROI) is investments in hyperscalers. However, this is limited by the number of chips that can be produced – and production is fully booked for a long time. Sam Altman, on the other hand, said that $500 billion in Project Stargate is just the beginning and it should come as no surprise if it turns into $5 trillion. And this discussion does not even take into account scientific findings and breakthroughs. Cancer is being defeated, longevity achieved and new energy sources developed. These are big words, but it is reality. But what does all this tell us? What can we conclude from it? One indisputable fact is that investment in AI infrastructure continues unabated (Cap Ex). What's more, since investment opportunities are often seen as limited, everything possible is invested in hyperscalers because they offer guaranteed returns. This in turn gives AI a further boost, and the expansion continues to accelerate. Even the EU is now getting in on the investment with $200 billion. China is doing the same; the whole world is building data centre infrastructure. AI is the future, ‘intelligence will become too cheap to meter’, AGI will probably become official reality this year. There is absolutely no doubt (and I want to emphasise this) that the world is banking on AI to solve the biggest problems. The only bottleneck at the moment is electricity and chips, but both will be resolved, electricity in the near future with fusion energy. No one can foresee what this will mean for humanity as a civilisation, how our societies will change. Although some studies say that AI will also create new jobs, I disagree. The special thing about AI and robotics is that their quality is similar to that of humans, soon as good as humans and then surpassing them: physically but also intellectually. For the first time in human history, we are seeing technology not making humans more productive, but replacing them altogether. This is uncharted territory and nobody knows what the consequences will be. Nobody. And so far, very few people understand this. I think relatively little of regulations. I am an optimist and think we will find a solution for all problems. But this transition phase to AGI and then to ASI should be discussed, otherwise it can end very badly, especially economically. Ray Kurzweil dates the singularity to the year 2049. That's a completely different topic that I'll discuss at some point. If we can't even imagine how AGI and then ASI will change society, then we certainly can't when AI improves itself within the positive feedback loop when it comes to the intelligence explosion. So what I want to say is: We have 1 or 2 years at most before everything changes forever. Let's use the time and discuss what we need as humanity, what is necessary for us, and how we can move together comparatively peacefully into this next stage of civilisation without it coming to violent upheaval.