AI, quantum, energy revolution and other technological cycles have changed productivity, wealth distribution, military strength, and the original structure of society. No one can guarantee that a major crisis will not occur, as systemic debt, technology, geopolitical tensions, and policy frictions all amplify potential risks. The question is not whether a crisis will erupt, but when and in what form it will happen.

Excluding hot wars, financial wars, and proxy wars, there is also the possibility of facing a major biocrisis. Over 50% of the world's population is concentrated in metropolitan areas, and high-density living provides a super accelerator for virus transmission. This is a new crisis trend that is likely to emerge in the future.

We can only hope that the historical curse of industrial revolutions inevitably bringing disasters does not descend again. However, I believe that global capital should be more cautious in biomedical investments. If biomedical investment continues to advance without restraint, the positive returns from technology may extend lifespan, but the negative risks could lead to a systemic cliff-like population decline. At least currently, the consensus among most people has not prioritized increasing the emphasis on risk prevention alongside lifespan. A friend of mine in the medical field told me that life sciences are developing rapidly, and massive funds are pouring in~

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