Amit Kukreja: "We Are Living In A Bifurcated Economy".
Key take-home point, especially if you think traditional wage labor won't last much longer in the coming AI-driven economy:
In the midst of all these concerns, the one core truth behind wealth is that it comes from owning, not consuming.
The timing of that ownership may be different based on an individual investor’s preference on when to buy an asset or not, but if you don't own assets, you will get left behind. Quite frankly, after looking through all this data, it only further motivates me to get every single extra dollar I have invested. The people that have benefited over the past 5 years are those that owned assets. Even if they didn't own the best one or their timing was off, they benefited. The mentality of owning assets itself has likely led to more happiness and autonomy (along with stress) as those who participated in Google's success or Palantir's success have felt what it means to be along side a company on its journey.
