I think the different categories of possible future imply different strategies, which in turn has implications for what you should do.
In the case of a singularity type event, the most important element is that you live to see it. By definition it’s hard or impossible to predict what the world will be like afterwards, which reduces the value of e.g. having lots of wealth going into a singularity. However it increases the expected value of living until then. Similar arguments apply to a post-scarcity world.
In the case of a disaster, the value some holdings may decline even to zero (e.g. if there are no more stock markets, equity holdings are pretty useless). In that case, physical possessions that either hold wealth or are directly useful (e.g. shelter, food, guns, medical supplies) radically increase in value.
Note that those kinds of things may also help you live longer! Prepping for a medium or large disaster is like buying insurance. Probably you won’t need it, and it’s negative expected value in dollars, but can be plus expected value in utility.
Finally, investments in your physical health help in all situations. You’ll live longer to reach the glorious future if one awaits, and you’ll be better off in many downside scenarios.
TL;DR: buy canned food, learn to fire a gun, and hire a personal trainer.
I think the different categories of possible future imply different strategies, which in turn has implications for what you should do.
In the case of a singularity type event, the most important element is that you live to see it. By definition it’s hard or impossible to predict what the world will be like afterwards, which reduces the value of e.g. having lots of wealth going into a singularity. However it increases the expected value of living until then. Similar arguments apply to a post-scarcity world.
In the case of a disaster, the value some holdings may decline even to zero (e.g. if there are no more stock markets, equity holdings are pretty useless). In that case, physical possessions that either hold wealth or are directly useful (e.g. shelter, food, guns, medical supplies) radically increase in value.
Note that those kinds of things may also help you live longer! Prepping for a medium or large disaster is like buying insurance. Probably you won’t need it, and it’s negative expected value in dollars, but can be plus expected value in utility.
Finally, investments in your physical health help in all situations. You’ll live longer to reach the glorious future if one awaits, and you’ll be better off in many downside scenarios.
TL;DR: buy canned food, learn to fire a gun, and hire a personal trainer.