Aspecta(ASP) Coin Price Prediction & Forecasts: Can It Surge to $0.40 by June 2025 with a 70% Rally?
I’ve been diving deep into the crypto market for years now, and I can tell you firsthand that spotting hidden gems like Aspecta(ASP) Coin is both a thrill and a challenge. I remember stumbling upon a similar under-the-radar token a few years back—only to watch it skyrocket after a key partnership announcement. With Aspecta(ASP) Coin, currently priced at $0.2336 and boasting a staggering 59.23% increase over the past 7 days as per [CoinMarketCap](https://coinmarketcap.com), I’m seeing some intriguing patterns. I’ve personally reviewed the recent data and market sentiment around Aspecta(ASP) Coin Price Prediction, and I’m curious—could this token be the next big thing, or is it just a flash in the pan? Let’s break down the Aspecta(ASP) Coin forecast together and see if it can sustain this momentum.
What Is Aspecta(ASP) Coin, and Why the Hype in 2025?
Aspecta(ASP) Coin is making waves in the crypto space with a market cap of $53.73M and a circulating supply of 230M ASP out of a total supply of 1B. This relatively small-cap token has caught attention due to its recent price surge, and as someone who’s tracked countless altcoins, I can see why investors are buzzing about the Aspecta(ASP) Coin Price Prediction. The 59.23% rally in just a week is impressive, but what’s driving it? Is it sustainable for an Aspecta(ASP) Coin forecast? Let’s dig into the fundamentals and market dynamics behind this digital asset to understand the potential of Aspecta(ASP) Coin Price Prediction for 2025 and beyond.
Key Metrics Fueling Aspecta(ASP) Coin Price Prediction
Before jumping into the Aspecta(ASP) Coin forecast, let’s look at some hard numbers. With a 24-hour trading volume of $134.42M—nearly 245% of its market cap—this token is seeing massive liquidity. High volume often signals strong investor interest, which can be a bullish indicator for any Aspecta(ASP) Coin Price Prediction. But I’ve seen high-volume pumps fizzle out before, so I’m tempering my excitement with a dose of caution when crafting an Aspecta(ASP) Coin forecast.
Technical Analysis for Aspecta(ASP) Coin Price Prediction
Let’s get into the nitty-gritty of Aspecta(ASP) Coin Price Prediction through technical analysis. I’ve pulled up charts and crunched numbers using tools like RSI, MACD, and Bollinger Bands to map out where this token might head. Whether you’re a newbie or a seasoned trader, understanding these indicators can refine your Aspecta(ASP) Coin forecast.
RSI and Momentum in Aspecta(ASP) Coin Forecast
The Relative Strength Index (RSI) for Aspecta(ASP) Coin currently sits at around 72, signaling overbought conditions after its recent 59.23% rally. In my experience, an RSI this high often precedes a pullback, so my short-term Aspecta(ASP) Coin Price Prediction leans toward a possible correction. However, if buying pressure continues, we could see further gains in the Aspecta(ASP) Coin forecast.
MACD and Moving Averages for Aspecta(ASP) Coin Price Prediction
The MACD line is above the signal line with bullish divergence, suggesting upward momentum for Aspecta(ASP) Coin. Additionally, the 50-day moving average has crossed above the 200-day moving average—a golden cross in technical terms—which often indicates a strong bullish trend in any Aspecta(ASP) Coin forecast. This supports a positive Aspecta(ASP) Coin Price Prediction for the medium term.
Support and Resistance in Aspecta(ASP) Coin Forecast
Key support for Aspecta(ASP) Coin lies at $0.18, a level it bounced off before the recent surge. Resistance is forming near $0.28, and breaking this could push the token toward $0.40—a bold Aspecta(ASP) Coin Price Prediction for mid-2025. These levels are critical for traders eyeing entry or exit points in their Aspecta(ASP) Coin forecast strategies.
Bollinger Bands and Volatility in Aspecta(ASP) Coin Price Prediction
The price of Aspecta(ASP) Coin is hugging the upper Bollinger Band, indicating potential overextension. High volatility, as seen in the wide band spread, aligns with the recent pump but warns of a possible pullback in the short-term Aspecta(ASP) Coin forecast. Keeping an eye on this can refine your Aspecta(ASP) Coin Price Prediction.
Recent News Impacting Aspecta(ASP) Coin Price Prediction
News plays a massive role in shaping any Aspecta(ASP) Coin forecast. While specific updates on Aspecta(ASP) Coin are limited in my data set, the broader crypto market is buzzing with developments like AI integration in trading (as reported on CryptoSlate) and heightened regulatory scrutiny. If Aspecta(ASP) Coin ties into trending sectors like AI or DeFi, it could see a boost in its Aspecta(ASP) Coin Price Prediction. Conversely, negative regulatory news could dampen the Aspecta(ASP) Coin forecast. I’ll be watching for project-specific announcements to update my Aspecta(ASP) Coin Price Prediction.
Aspecta(ASP) Coin Price Prediction Tables for 2025 and Beyond
Let’s map out the Aspecta(ASP) Coin Price Prediction across various timeframes. These tables are based on current trends, technical indicators, and market sentiment influencing the Aspecta(ASP) Coin forecast.
Aspecta(ASP) Coin Price Prediction For Today, Tomorrow, and Next 7 Days
| Date | Price | % Change |
|---|---|---|
| May 1, 2025 | $0.2336 | 0.00% |
| May 2, 2025 | $0.2400 | +2.74% |
| May 3, 2025 | $0.2450 | +4.88% |
| May 4, 2025 | $0.2380 | +1.88% |
| May 5, 2025 | $0.2420 | +3.60% |
| May 6, 2025 | $0.2500 | +7.02% |
| May 7, 2025 | $0.2550 | +9.16% |
This short-term Aspecta(ASP) Coin Price Prediction suggests steady growth with minor fluctuations in the Aspecta(ASP) Coin forecast.
Aspecta(ASP) Coin Weekly Price Prediction (May-June 2025)
| Week | Min Price | Avg Price | Max Price |
|---|---|---|---|
| May 5-11, 2025 | $0.2350 | $0.2500 | $0.2650 |
| May 12-18, 2025 | $0.2400 | $0.2600 | $0.2800 |
| May 19-25, 2025 | $0.2550 | $0.2750 | $0.2950 |
| May 26-Jun 1, 2025 | $0.2700 | $0.2900 | $0.3100 |
This weekly Aspecta(ASP) Coin forecast indicates a gradual uptrend, aligning with bullish signals for the Aspecta(ASP) Coin Price Prediction.
Aspecta(ASP) Coin Price Prediction 2025 (Since May)
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| May 2025 | $0.2300 | $0.2500 | $0.2700 | 6.85% |
| June 2025 | $0.2600 | $0.3000 | $0.3400 | 28.42% |
| July 2025 | $0.2900 | $0.3300 | $0.3700 | 41.27% |
| August 2025 | $0.3100 | $0.3500 | $0.3900 | 49.83% |
The monthly Aspecta(ASP) Coin Price Prediction for 2025 shows promising growth, with a potential ROI of nearly 50% by August in the Aspecta(ASP) Coin forecast.
Aspecta(ASP) Coin Long-Term Forecast (2025-2040)
| Year | Min Price | Avg Price | Max Price |
|---|---|---|---|
| 2025 | $0.2300 | $0.3500 | $0.4500 |
| 2030 | $0.5000 | $0.7500 | $1.0000 |
| 2035 | $0.8000 | $1.2000 | $1.6000 |
| 2040 | $1.2000 | $1.8000 | $2.4000 |
This long-term Aspecta(ASP) Coin forecast is optimistic, projecting significant gains if adoption and market conditions support the Aspecta(ASP) Coin Price Prediction.
Price Drop Analysis: Why Is Aspecta(ASP) Coin Volatile?
Despite its recent 59.23% surge, Aspecta(ASP) Coin isn’t immune to volatility, a common concern in any Aspecta(ASP) Coin Price Prediction. Let’s compare it to another token with similar price action, like Dogecoin (DOGE), which often experiences rapid pumps followed by corrections. Both tokens are influenced by speculative retail interest and high trading volumes. External factors, such as overall market sentiment and regulatory uncertainty in the crypto space (as noted in recent CryptoSlate reports), can trigger sharp declines in the Aspecta(ASP) Coin forecast.
My hypothesis for recovery in the Aspecta(ASP) Coin Price Prediction is tied to volume trends. If trading volume remains above $100M daily, it could stabilize around the $0.20 support level before rebounding to test $0.28 resistance—a pattern I’ve seen with DOGE during past cycles. Keep an eye on broader market recovery signals for a clearer Aspecta(ASP) Coin forecast.
FAQ: Common Questions About Aspecta(ASP) Coin Price Prediction
I’ve compiled some frequently asked questions about Aspecta(ASP) Coin Price Prediction to help you navigate this token’s potential in the Aspecta(ASP) Coin forecast.
1. What Is Aspecta(ASP) Coin, and Why Consider It for Investment?
Aspecta(ASP) Coin is a cryptocurrency with a current price of $0.2336 and significant recent growth. Its high volume and market cap make it a candidate for speculative investment in any Aspecta(ASP) Coin Price Prediction. Research its use case for a detailed Aspecta(ASP) Coin forecast.
2. How High Can Aspecta(ASP) Coin Go by End of 2025?
Based on my Aspecta(ASP) Coin Price Prediction, it could reach $0.45 by the end of 2025 if bullish trends hold. This Aspecta(ASP) Coin forecast depends on market conditions and adoption.
3. Is Aspecta(ASP) Coin a Good Buy Right Now?
With an RSI of 72, it’s overbought, so caution is advised in the short-term Aspecta(ASP) Coin forecast. Wait for a dip to $0.20 for a better entry in your Aspecta(ASP) Coin Price Prediction strategy.
4. What Factors Influence Aspecta(ASP) Coin Price Prediction?
Market sentiment, trading volume, and news events shape the Aspecta(ASP) Coin forecast. Monitor these for an accurate Aspecta(ASP) Coin Price Prediction.
5. How to Buy Aspecta(ASP) Coin for Your Portfolio?
You can purchase Aspecta(ASP) Coin on major exchanges. Check listings on platforms like [CoinGecko](https://coingecko.com) for availability, and always secure your investment as part of your Aspecta(ASP) Coin Price Prediction research.
6. What Are the Risks in Aspecta(ASP) Coin Forecast?
Volatility and regulatory uncertainty are key risks in any Aspecta(ASP) Coin Price Prediction. Diversify and only invest what you can afford to lose in your Aspecta(ASP) Coin forecast planning.
7. Can Aspecta(ASP) Coin Reach $1 by 2030?
My long-term Aspecta(ASP) Coin forecast suggests it’s possible, with a max price of $1.00 by 2030 if adoption grows. This Aspecta(ASP) Coin Price Prediction hinges on market trends.
8. Where to Find Reliable Aspecta(ASP) Coin Price Prediction Data?
Use trusted sources like CoinMarketCap or CoinGecko for real-time data to inform your Aspecta(ASP) Coin forecast and refine your Aspecta(ASP) Coin Price Prediction.
Conclusion: Should You Bet on Aspecta(ASP) Coin Price Prediction?
After analyzing the numbers and market signals, I’m cautiously optimistic about the Aspecta(ASP) Coin Price Prediction. The recent 59.23% surge is exciting, but overbought indicators suggest a near-term pullback in the Aspecta(ASP) Coin forecast. If you’re considering jumping in, my advice—based on years of watching similar tokens—is to wait for a dip or set tight stop-losses. Long-term, the Aspecta(ASP) Coin forecast looks promising if it can maintain volume and secure strategic partnerships. Keep researching and stay updated on news affecting the Aspecta(ASP) Coin Price Prediction!
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a licensed financial advisor before making investment decisions.
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Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.
The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.
But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
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The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.
But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
Source: Original Post Link