Saturday, May 3, 2025
More

    “America Is About To Crash Into A Brick Wall”- Wealth, Rising War, AI & Elon Musk | David Friedberg

    Date:

    Sharing is SO MUCH APPRECIATED!

    In this episode of Impact Theory, I’m joined by David Friedberg, a self-described “extreme optimist” who believes that capitalism – specifically entrepreneurship – is the fastest way to improve human productivity and potential, unlocking a more abundant and sustainable future for all.

    Today we’re getting into the economic challenges the U.S. face, specifically the risks associated with high debt relative to GDP, and how excessive taxation to service this debt can stifle investment and have lasting detrimental effects on economic growth. We explore the transformative potential of gene editing, including promises for agricultural advancement and just be the answer to sustainable nutrition for a rapidly growing global population.

    We also examine the balance between technological progress and regulatory oversight, the societal divide over adopting new innovations, and how AI could redefine creativity and productivity. If you’re serious about innovation and understanding the future of our economy, you won’t want to miss this episode.

    CHAPTER MARKERS: [0:00] The Unsustainability of the U.S. economy [54:32] Impacts of innovation & deflation [1:12:17] Is the cost worth the trade off? [1:50:18] Rejecting or embracing technology [2:21:43] Conflicts, politics & fact-based debates

    POWERFUL QUOTES FROM DAVE:

    “So the government is a customer of many businesses or employing many people that end up working directly for the government or under government programs.”

    “Things are going to inflate because there’s more dollars to spend on stuff and the cost of things will naturally go up.” “We face another critical problem right now, which is a very serious negative view on technology. And I do think that the majority of people don’t necessarily think about, if you say the word technology, there’s a more negative association with that word than positive.”

    “So everything about what appealed to people starting in the seventies, as represented out of Disneyland and Tomorrowland was all about technology goes awry, and we have to return everything to a natural, organic state.” “We worry more about loss than we care about gain.”

    “At any given moment, there is the potential for war, okay, at any given moment, there is someone out there talking smack about the United States, there is someone out somewhere out there instigating, launching stuff at a base. There’s always some instigation.”

    “War historically has driven a lot of shifts in economic productivity. It has driven a lot of growth in aspects of the economy that need to be stimulated.” “In El Salvador, they put all the cartel members in prison and made bitcoin a national currency.” “There’s a lot of these kind of social policies that get wrapped up, many of which we could dissect. Is the cost worth the trade off? And some would argue, yes.”

    Follow David Friedberg: Website: https://www.tpb.co/

    Twitter: https://x.com/friedberg

    Podcast: https://www.allinpodcast.co/

    Follow Me, Tom Bilyeu:

    Website: https://impacttheoryuniversity.com/

    X:   / tombilyeu  

    Instagram:   / tombilyeu  

    If you want to dive deeper into my content, search through every episode, find specific topics I’ve covered, and ask me questions. Go to my Dexa page: https://dexa.ai/tombilyeu

    Sharing is SO MUCH APPRECIATED!

    POPULAR

    More Good Stuff!
    Related

    INTERIM DETACHMENT COMMANDER NAMED FOR THE SOUTHERN GEORGIAN BAY OPP

    (TOWNS OF MIDLAND, PENETANGUISHENE, TOWNSHIPS OF TINY, TAY, GEORGIAN...

    OJHL ANNOUNCES PLAYERS OF THE MONTH

    Toronto Jr. Canadiens, Buffalo, Markham stars recognized for big...

    The Depths of the North Sea: Life in the Cold Abyss | Secrets of the Seas

    "Seas in Motion - Wonders of the North Sea"...

    The Unsettling Silence: Major Declines in Our Bee Populations and the Fragile Web of Life

    Bees, those tiny architects of nature, are facing a...

    Diversity is essential to all life

    By David Suzuki In some circles, “diversity” is a dirty word....

    The Healthy Ageing Doctor: Doing This For 30s Will Burn More Fat Than A Long Run!

    Are humans destined to grow old and frail? With...

    #JESUS: Trump reverses course on relations with China as Elon Musk exerts influence

    CNN's Will Ripley reports on Chinese Vice President Han...

    VIDEO: America’s Lonely Future: David Frum on Trump’s “Predatory” Foreign Policy

    With Trump's inauguration on the horizon, conversations continue about...

    Up North Movers | We’ll Treat You Like Family

    Up North Movers caters to the Simcoe County area...

    Frankie Malloy shares “Lets Find a Forever Home for Eggs and Waffles”

    Our resident chaos coordinator “Frankie Malloy” is staging another...

    TRAFFIC TIP LEADS TO IMPAIRED DRIVING CHARGES – WASAGA BEACH

    (TOWN OF WASAGA BEACH, ON) - The Huronia West Detachment...

    Why some workers won’t have time to adapt to AI | DW News

    AI will replace millions of jobs, with the biggest...

    TRAFFIC STOP LEADS TO IMPAIRED DRIVING CHARGES FOR SUSPENDED DRIVER

    (SPRINGWATER TOWNSHIP, ON) - The Huronia West Detachment of the...

    Plastic People – The Hidden Crisis of Microplastics

    Together with White Pine Pictures, Be The Change Film...

    BIG COMMUNITY EVENT: Collingwood Blues, CCI Band and Sam Griffiths Birthday @ ‘the Eddie’

    A SUPER FUN FILLED EVENING!!! Go Blues Go!!! https://youtu.be/XwCnVWgiUKk Player of...

    County funds expanded access to barrier-free healthcare for marginalized communities

    Midhurst/January 30, 2025 – In response to the growing need...

    OPP – LARGE QUANTITIES OF FENTANYL AND COCAINE SEIZED

    (PETERBOROUGH, ON) - A Peterborough resident is facing drug-related charges...

    ONGOING RESPONSE TO SEVERE WEATHER EVENT

    Avoid Using Gas-Powered Equipment Indoors (ORILLIA, ON) - The Ontario Provincial...

    Dopamine Expert: Doing This Once A Day Fixes Your Dopamine! What Alcohol Is Doing To Your Brain!!

    Dr Anna Lembke is Professor of Psychiatry at Stanford...

    Living alongside polar bears in the Canadian Arctic – BBC World Service

    In the polar bear capital of the world, melting...

    Mayor Andrea Matrosovs Acclaimed as Grey County Warden

    The Town of The Blue Mountains Mayor Andrea Matrosovs...

    VIDEO | Danielle Smith visits Donald Trump at Mar-a-Lago

    Alberta Premier Danielle Smith visited Mar-a-Lago, the Florida home...

    Learn To Act As If Nothing Bothers You | Napoleon Hill

    Discover the secret mindset that separates the mentally strong...

    4K Travel Video | Unesco World Heritage Sites: Preserving Global Treasures

    UNESCO World Heritage Sites are places of significant cultural...

    Announcement of New Treasurer and 2025 Municipal Budget Timeline Update

    Collingwood, ON  –  The Town is pleased to announce the...

    Candle Making Workshop with Serendipity Candles | Side Launch Brewing Company

    Wed, Dec 4, 2024 5:30 PM - 7:30 PM...

    Canada must resist anti-democratic crusaders

    By David Suzuki This beautiful blue planet, spinning around the...

    scaredketchup: Should Billionaires Be Fed To The Sharks?

    SCARED KETCHUP IS 90% to 100% FAN FUNDED... https://www.youtube.com/watch?v=l59Ew4MIsSM 236...

    Defense Secretary Hegseth orders U.S. Cyber Command to cease operations against Russia

    NBC confirms Defense Secretary Pete Hegseth has ordered U.S....

    How Tesla Reinvented The Supercomputer

    Tesla's Dojo supercomputer is a unique new technology in...

    Great Easter Egg Hunt | Collingwood Museum

    The day begins at 10 a.m. at the Collingwood...

    Update on Campus of Care Project

    The Town of The Blue Mountains would like to...

    Inside an NYC Townhouse Made From 18 Shipping Containers | Architectural Digest

    “We just respond creatively to what humanity pushes aside.”...

    HURONIA WEST OPP EXPRESSES GRATITUDE TO COMMUNITY FOR PATIENCE DURING UNFAVORABLE ROAD CONDITIONS

    (WASAGA BEACH, SPRINGWATER TOWNSHIP, CLEARVIEW TOWNSHIP, ON) - The Huronia...

    WHOA! Bernie BRINGS THE HOUSE DOWN at PACKED RALLY

    MeidasTouch host Ben Meiselas reports on the massive rally...

    Baptiste shares the Top 30 Catchiest Songs from Classic Movie Musicals

    We're still tapping out toes to these songs decades...

    The Town of The Blue Mountains | Postal Workers Strike Impacts

    The Town of The Blue Mountains would like to...

    Alberta energy sector concerned about new U.S. tariffs

    Alberta's energy producers are concerned about 10 per cent...

    VIDEO: 張哲瀚Zhang Zhehan 紀錄片《八月》

    《八月》是中國演員張哲瀚首次擔任導演的紀錄片,2024年4月14日上線。 該片記錄了張哲瀚在2021年8月突遇網路風暴,演藝人生頃刻被顛倒後的一次自我療愈之旅。 當舞臺與燈光不再,當事業與生活被網路上的不實資訊和惡意扭曲震碎,張哲瀚選擇在兩年後的8月,以自己熱愛的方式向著真實的世界重新出發。從香格里拉到拉薩的騎行之路上,他遇見雪山和冰川,遇見草木牛羊,遇見許多個普通而動人的面孔;他傾聽天地之聲,傾聽陌生人的故事,也傾聽內心的痛和愛。 曾經的8月還未終結,以後的8月依然會來。而這一個《八月》意義非常。 #zhangzhehan_super3 #張哲瀚 #張哲瀚八月 #紀錄片八月 https://www.youtube.com/watch?v=gLwMG6XoJ34&t=11s

    Short-Term Accommodation Licensing Service:Phase 2 Launching January 6, 2025

    Collingwood, ON – The Town of Collingwood is pleased...

    HeART of Red Gala in support of My Friend’s House

    Join us for an evening of art & entertainment...

    In Spite of Ourselves – An Evening of John Prine | Johnny Max Band

    Wednesday, June 19 @ 7:30 pm - $55 |...

    Collingwood and New Tecumseth Cheers to Provincial Funding Announcement of $70M for Water Treatment Plant Expansion

    Collingwood, ON  – The Town of Collingwood and New Tecumseth...

    Possible Impaired Driver Call to OPP Results in Two Drivers Being Charged in Waubaushene

    (TAY TOWNSHIP, ON) -  Credit goes to a community member who...

    Emergency Declared by County Warden

    Midhurst/April 2, 2025 – Today, April 2, 2025, County of...

    15 minute Chair Yoga Class for Seniors & Beginners

    Chair yoga is a wonderful practice for every body,...

    Tennessee Brando: I Wondered How 1930’s Germany Happened… Now I Get It

    I used to wonder how 1930's Germany came to...

    936 shares “Brain Cell Exercise for Seniors”

    Things for seniors to do to keep those "aging brain cells" active. And for you, younger ones, to...

    CJ Lewis: 10 Ways to Keep Your Mental Hygiene

    Need a digital diet? As the Internet in its various...

    Collingwood OPP Charge Woman in Multi-Jurisdiction Prescription Fraud Investigation

    (COLLINGWOOD, ON) - On April 10, 2025, members of the...

    OPP CHARGES MORE THAN 700 DRIVERS WITH IMPAIRED DRIVING DURING FESTIVE RIDE CAMPAIGN

    (ORILLIA, ON) - The Ontario Provincial Police (OPP) wrapped up...

    Who’s stealing millions from Canadian taxpayers? | The Fifth Estate

    Tens of thousands of tax accounts have been hacked...

    Gerry Cheevers, 84 Years Old! Sharp as a tack! – talks about Orr, Esposito and winning Stanley Cups!

    Boston Bruins legend, Gerry Cheevers, joins us to talk...

    Keeping Fire Hydrants Clear of Snow

    The Town of The Blue Mountains would like to...

    The Ambassador: Canada’s Northern Strategy Amid Russian Aggression

    The Canadian Arctic represents not only a vast geographical...

    Summer Sets- Turbo Street Funk

     Dive into the rhythm of summer with "Summer Sets" Friday,...

    The Collingwood Sailing Academy FUNDRAISER | June 15th

    This Saturday the Collingwood Sailing Academy is hosting a...

    AI supremacy: The artificial intelligence battle between China, USA and Europe

    The race for supremacy in the age of artificial...

    2025 Wild Chervil Management Strategy

    Since 2023, the Town of The Blue Mountains has...

    AI News: Google’s AI Can Now SEE Everything | Matt Wolfe

    Here's all the AI News you missed this week....

    Help discover how water levels are changing in Cranberry Marsh

    Collingwood, ON  – The Town of Collingwood and Nottawasaga Valley...

    Collingwood Fire is inviting you to have some fun this Fire Prevention Week October 6-12

    Collingwood, ON  –  October 6-12, 2024, marks the 102nd anniversary...

    HeART of Red Gala | Campaign for My Friend’s House

    Join us for an evening of beautiful art, food,...

    Le Dîner en Blanc | Collingwood

    The rain stopped, the clouds parted, enjoyed by all... Le...

    CIA Spy: “This Could Spark WW3 In 2024”- China’s Takeover & Iran-Israel-Palestine

    On today’s episode of Impact Theory, former CIA spy...

    The Jenny Howes Duo – Lunch w/ The Curly Willow | Local Live Lunch

    LOCAL LIVE LUNCH 10 Wednesdays! 10 Concerts! 10 Menus! JULY 17th...

    Body Worn Cameras Rollout in Collingwood and The Blue Mountains

    (COLLINGWOOD, ON) - On February 03, 2025, members of the...

    The Ambassador: “Why Canada Should Cancel the F-35 Order and Invest in Drone Production”

    In recent years, Canada has committed to a significant...

    Refuse Alcohol Screening Demand in Penetanguishene

    (PENETANGUSHENE, ON) A driver is facing charges and other sanctions...

    OPP Warn of Rising ‘Grandparent Scams’ During Fraud Prevention Month

    (COLLINGWOOD, ON) - The Ontario Provincial Police (OPP) Collingwood and...

    Love, Actually… or Lies? OPP warns of red flags in romance scams this Valentine’s Day

    OPP warns of red flags in romance scams this...

    The Virtual Voyage with Social Media Trends

    In a bustling digital realm, where trends spark like...

    How to Lie Your Way to $44 Billion | Saigon Commercial Bank Fraud

    What happens when one person owns a bank and...

    Nicolle Wallace: FBI internal letter is ‘an urgent warning for every American’

    NBC News investigative correspondent Tom Winter and former federal...

    Emergency Services and OPP Locate Deceased Individual at Residence

    (MIDLAND, ON) - Members of the Southern Georgian Bay OPP Detachment responded...

    March Events at The Marsh Street Centre

    Tuesday Night at the Movies - Amelie - Mar...

    Music in the Park is back | Sunday, July 7th – ​The British Invasion

    Presented by the Blue Mountain Legacy Fund SUNDAYS, JULY 7TH...

    This is ‘the most profound advance in technology ever,’ according to Bill Gates

    Bill Gates reveals the incredible advancements in artificial intelligence...

    Rest and restore by spending time in nature

    We’re inundated with consumer solutions to every problem. There’s a...

    FRAUD TEXT SCAM ALERT:  The OPP WARNS ONTARIANS ARE BEING TARGETED IN “SMISHING” FRAUD

    (OTTAWA, ON) - Cybercriminals are ramping up text-based scams to steal...

    THEATRE COLLINGWOOD’S 2025 PORCHSIDE FESTIVAL TICKETS GO ON SALE TODAY!

    Welcome to the 5th Annual Porchside Festival! It’s hard to...

    Navigating the Divide: American Politics and Elon Musk’s Ascendancy in Early 2025

    American politics appears to be a mix of ongoing...

    Custom Designed Home for Sale | Edmonton, Alberta

    $1,050,000 | 11030 122 ST NWEdmonton, Alberta T5M0B2 MLS® Number: E4384806 Call Peter...

    Weather Event Update – Friday, April 4

    The Town would like to provide an update regarding...

    Seventh Annual See The Salmon Run

    A celebration of Silver Creek and the return of...

    Collingwood Garden Club Plant Sale: Find Your Perfect Plants | Trinity Church

    PLANT SALE WEEKEND - Saturday June 1, 8:00 a.m....

    County providing rapid rehousing support in the Town of Collingwood

    Collingwood, ON – The County of Simcoe is partnering...

    zollotech: iOS 18.2 is Out! – What’s New?

    iOS 18.2 Released and iOS 18.2 is out to...

    Mercedes Chan shares AI News: OpenAI Dropping Tomorrow! Midjourney V7, and More!

    Join My Newsletter for Regular AI Updates 👇🏼 https://forwardfuture.ai https://www.youtube.com/watch?v=nwp4Ucm8aQo 👉🏻...

    County of Simcoe Paramedics welcome support from allied reinforcements

    Midhurst/April 4, 2025 – County of Simcoe Paramedic Services team...

    New Councillor Appointed to Collingwood Council

    Collingwood, ON - Collingwood Council appoints Ian MacCulloch as...

    A New Era: Claudia Sheinbaum’s Journey to Mexico’s Presidency

    A Story of Determination and Hope In the vibrant and...

    VIDEO: We’re in a housing crisis. Why are so many builds going bust? | CBC

    Over the last year, more than 200 real estate...

    FARZAD: World War 3 Is Closer Than You Think

    I worked at Tesla starting in July of 2017...

    Craig Smith with lunch by The Hustle Grab & Go star at our Local Live Lunch

    August 7th – 12 till 1:30 – Craig Smith...

    Spring into Action: Why It’s Almost Time to Start Your Seeds Indoors?

    Beat the Frost: The Benefits of Early Seed Starting...

    The Festive in Europe: Day 9 | Retiring at the Speed of Life

    By Susanne Mikler Our final day of the trip is...

    Enjoy a 6 Hour Aerial Journey of Beautiful Places

    This tour will take you around the world's great...