The Role of Technology in Wealth Building

Technology has always been about increasing our capabilities and decreasing risks. I am going to make the case that AI is the most powerful wealth building technology and (more importantly) it adds leverage to almost every other technology, system and science — all of which constantly evolve, now at rising rates thanks to AI.

Let’s go back first and build the case.

Early technology like the wheel put the men and material of our world into motion - dramatically increasing our ability to create valuable things and monetize them. Communication made a leap with the introduction of papyrus and early writing systems like cuneiform. Information could now be recorded and spread — we needed this to eventually create IP, build companies around it, have a financial system, etc…

Speed tour through the history of technology to give us a baseline for this discussion:

1. Early Stone Tools

   Crude but effective hand axes, spears, and arrows improved hunting and gave early humans an advantage for survival. Thi…