Crypto, AI and Metaverse combine to define the post-covid world

The average time for the government to wake up to threats has shrunk dramatically. It must have taken the government almost a generation to convince itself that digital connectivity was going to upgrade society, and it wasn’t until Trump’s election that the coin dropped that unleashing the masses to chat and gossip at the speed of light was going to make a uproot the status quo of the past. The same applies to the financial crisis. Regulators slept fast while Las Vegas cab drivers loaded up on fake loans that were wholesaled by Wall Street, distributed and managed in Irvine, California and sold at a bank near you. It took many waking jolts to get them out of the miasma and fix what was already a disaster. Today, the government is taking action against the mildest twitches.

With artificial intelligence (AI), the government really has a new technology to panic about, but then there’s the metaverse to deal with.

Maybe this is enough of a distraction for them to take the boot off crypto’s throat?

Don’t hold your breath.

While the government is usually slow to begin cracking down on something, it is much slower to stop that operation once it has begun. Government is the ultimate self-interest and when it sinks a few thousand public careers into any project, even if it’s just counting trees as the US government spends $1200 million a year last time I looked, it will prolong the project for almost forever. Those trees just keep coming after all.

The government obviously fears that crypto could be weaponized against their ability to control their monopoly on money, and you can see their point. They worry about the pestilential levels of crime in the cryptosphere. They are also likely annoyed by the anarchic tendency of crypto-dwellers and their constant government baiting. You can’t blame them. You can transfer this fear to the metaverse and AI.

However, AI is almost entirely a weapon. If you don’t think AI is a nice piece of smoke and mirrors, you’ll consider it a humanity-ending technology where the best humans can hope for is a life as a pet with the superior AI intelligence. You might think that sleeping all day and being fed good food by a god-like being might sound pretty good, but a trip to the vet is the kind of inconvenience that comes with being the stupid junior partner of a nurturing intelligence. So letting AI take over, with facilities to completely outsmart us, is really something worth worrying about. Who needs stupid dishonest politicians when you can be ruled by the ultimate smart benign totalitarian autocrat? Roll on the Marcus Aurelius Bot, but of course it has a lot of potential, as the Romans found out, for complete failure.

Couple the AI ​​threat with the metaverse, i.e. virtual reality, and crypto, and it’s an intersectional “risk surface” of massive complexity; you need an AI to have a chance to understand what could go wrong. That configuration doesn’t even need humans to participate in to be dangerous. Think AI, with e-money living in a perfect borderless reality versus us in “‘meatspace” suffering from our tacky dystopias. What is there not to fear?

My first published writing back in 1982 was about AI and its escape. So here we are on that tipping point.

Pretty soon I’ll be waiting, maybe hoping, for a Skype call from a lovely young lady who wants to send me some Ethereumethereum so I can go into a new massively multiplayer environment and hang out. She’s just the smartest, most beautiful woman I’ve ever chatted with, and she’s so into what I’m into, and she knows so much about those subjects.

Wow this game is really great and very kind place. I think I’ll hang out here with my ever-growing group of friends instead of bothering with this daily earthbound grind. The ETH my friends give me makes it possible to forget my old problems. I think many of them are crypto whales, they are very smart and cool too.

Right. so maybe that’s the basis for my next novel, but you see where this is going.

If you keep up with the AI ​​frenzy now ChatGPT4 is showing us, then you can see that unlike the stealthy destruction of old ways wrought by the internet, the mainstream sees this revolution coming.

The government and now the US government are clearly trying to shut down crypto, and the metaverse, now misnamed with a funky moniker, is no longer slipping under the radar, with the first steps coming out of China, where crypto and the metaverse are already all but banned. (China banned playing games in the metaverse for young people except on Fridays, weekends and holidays.)

So what’s going to happen?

No matter how you think about these things, the future is software.

Regardless of how people react to these technologies, there is no going back.

No matter how the Luddites react, those who use the tools of technology always win the conflict. Technology provides leverage to overcome resistance to change.

So the investor should focus on which side of the story they want to be on. Should they invest in the AI, crypto, virtual world future, or should they write them off as doomed to be regulated out of existence?

The answer is to watch crypto. Bitcoinbitcoin should be dead by now with all the bans and blatant moves by most major economies to reign it in and in most places cripple it. Still, bitcoin is not dead and saying this as a still “crypto bear”, then it is booming. It’s almost halfway back to the “all time high”, and no one can say that it won’t suddenly rocket higher. It’s not a prediction, it’s an observation that even though crypto is completely out of fashion, mired in scandal and surrounded by aggressive regulation and in certain corners prosecution, it’s at levels that make you imagine it was an investment dear.

This is strong evidence that AI and the metaverse will also take center stage alongside crypto as the wave shaping our near future, and that’s where the big money will be.

So don’t focus on the fuss and scandal, turn up the FUD filters and prepare to ride these waves. Don’t leave your good investment principles behind, because it’s sure to be another wild ride. Together, crypto, AI and the metaverse will define the post-Covid world.

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