Summary notes:
The basic building blocks of an economy include:
- Production
- Distribution
- Consumers
- Money
Technology is not just a term that refers to software and hardware, but rather a concept that describes the force behind an economies increase in productivity which leads to a higher overall quality of life.
Asset returns are made up of three components: productivity, inflation, and market sentiment (emotion). Investors can make money by understanding the impact of productivity and inflation has on their choice of investments while managing their emotions when the market is either too hyped or too pessimistic.
Timestamps
0:03:53 Exploring the Impact of Technology on Economic Productivity
0:06:20 Exploring the Impact of Productivity on Asset Returns
0:11:19 The Decline of America and the Possibilities of Web 3.0
0:15:28 The Impact of Internet and AI on Production and Distribution Costs
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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