I think active stock-market investing, or running your own company, in a post AGI-world is about as safe as rubbing yourself down in chum before jumping into a shark feeding frenzy. Making money on the stock market is about being better then the average investor at making predictions. If the average investor is an ASI, then you’re clearly one of the suckers.
One obvious strategy would be to just buy stock and hold it (which I think may be what you were actually suggesting). But in an economy as turbulent as a post-AGI FOOM, that’s only going to work for a certain amount of time before your investments turn sour, and your judgement of when to sell and buy something else puts you back in the stock market losing game.
So I think that leaves something comparable to an ASI-managed fund, or an index fund. I don’t know that that strategy is safe either, but it seems less clearly doomed than either of the previous ones.
I think active stock-market investing, or running your own company, in a post AGI-world is about as safe as rubbing yourself down in chum before jumping into a shark feeding frenzy. Making money on the stock market is about being better then the average investor at making predictions. If the average investor is an ASI, then you’re clearly one of the suckers.
One obvious strategy would be to just buy stock and hold it (which I think may be what you were actually suggesting). But in an economy as turbulent as a post-AGI FOOM, that’s only going to work for a certain amount of time before your investments turn sour, and your judgement of when to sell and buy something else puts you back in the stock market losing game.
So I think that leaves something comparable to an ASI-managed fund, or an index fund. I don’t know that that strategy is safe either, but it seems less clearly doomed than either of the previous ones.
Hmmm I guess I don’t really use the terms ‘investing’ and ‘trading’ interchangeably.