cvxv666@antpalkin
Demis Hassabis, Nobel Prize winner and CEO of Google DeepMind, just called it: AGI is a few years away.
His exact words yesterday: "we are standing in the foothills of the singularity"
Everyone's sharing the safety parts.
Almost everyone skipped the one line that matters for your money: "10x the Industrial Revolution at 10x the speed"
Run that math. The last Industrial Revolution minted Rockefeller - $400 billion in today's money, the richest man who ever lived.
It took him 40 years of railroads and oil fields.
Hassabis is telling you the next one compresses that into a few years, and it's made of software.
And new money always shows up in markets first. No factories to build, no permits, no supply chains - just data in, positions out.
The "recursively self-improving systems" he says the world isn't ready for?
Early versions already trade against you every day.
That gap between people who run them and people who don't is exactly what he means by 10x speed.
He wrote this essay to ask for guardrails before the wave hits. Read it twice and you'll notice what it really is: the most credible man in AI telling you the wave is already visible from shore.
Bookmark this. In a few years, "I read Hassabis in the foothills" will sound like "I bought Bitcoin in 2013" - and you'll want proof you were here.
I write about this frontier every week - AI agents and what they're doing to markets. Follow me, stay in the AGI foothills.
