Real Estate and Commodities may be among the biggest winners in the coming AI revolution which could be comparable to the Agricultural Revolution and the Industrial Revolution. Both revolutions experienced a 30-to-100-fold increase in GDP growth causing massive deflation.
With most goods & services getting really, really cheap, money will flow to stores of value like Real Estate and Gold. Why? Land is a finite resource in the real world (less so in the Metaverse). Interest rates drop during deflationary periods, enabling people to borrow more and pay more for housing. Real estate generates rental income which provides steady income regardless of inflationary or deflationary conditions.
Also, everyone alive today will live well beyond 100 with near-100% certainty…. Plan your retirement accordingly.
Ray Kuzweil. BCA. Jarden