>Kambhampati, as it turns out, is interested in doing exactly that. “I’m not negative. I just sound negative because everybody else is way too positive,” he said. “In science, you have to actually understand what the current thing does and what it cannot do.”
It’s frustrating that anyone who says maybe we shouldn’t base our entire economy on this one thing until we understand it and what’s it’s useful is essentially labeled this way.
But interest rates have been too low for too long, and are still far too low. This is just what a central bank economy does when you keep rates low. All the money flows into stupider and stupider things, displacing productive activity.
It’s frustrating that anyone who says maybe we shouldn’t base our entire economy on this one thing until we understand it and what’s it’s useful is essentially labeled this way.