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Small-Scale Question Sunday for February 18, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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How are you changing your investment/savings strategy as AI timelines get shorter? I’m still in my boring ol’ index funds but have decreased my savings rate down by 5-10%.

I know very little economics, but the popular sentiment seems to be that interest rates will get very high and raw capital will be incredibly important in a post-AGI world. Does this matter for the average person like me who just wants to be financially independent in his 40s?

I’m sorry I gotta laugh at “the average person like me who just wants to be financially independent in his 40s” since that’s such a rare slice of the population.

I do share the intuition that either the robots will deliver us from scarcity or eradicate us, and so either way I should spend more in the moment. CoastFIRE is good enough.

The “average” part refers to my current life situation and income level, not the financially independent part :)

Still, shooting for FI in your 40s is not average as a goal!