LSTM pioneer Jürgen Schmidhuber compares trillion-dollar corporate valuations to the physical volume of all gold ever mined

From: LSTM pioneer Jürgen Schmidhuber compares trillion-dollar corporate valuations to the physical volume of all gold ever mined

Jürgen Schmidhuber@SchmidhuberAI·17hOriginal post

Tera IPOs coming! $1T sounds like a lot. But $1T is just a 7-m-wide gold cube, thanks to massive inflation since 1971 when $ and gold decoupled. A little house full of gold. To put things in perspective: the 2017 neutron star merger GW170817 produced several earth masses of gold.

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LSTM pioneer Jürgen Schmidhuber compares trillion-dollar corporate valuations to the physical volume of all gold ever mined · Digg