David Sacks Calls Out the “Rotating Hoaxes” Fueling Superintelligence Fears “Let's just get back to first principles here. What is the problem that we're trying to solve? The affordability of goods like housing and education and healthcare. How do we bring those prices down? Through abundance. What creates abundance? Technology in general, and specifically superintelligence will be the driver over the next decade. Now, what is the most hated thing in society right now? Superintelligence. If you judge it by its fruits as opposed to a bunch of fake narratives, then I think that people would be in favor of this thing. What does superintelligence create? First of all, people's 401ks are going up. It’s a 3% tailwind to GDP. A million new jobs created, according to The Economist, already. Productivity goes up, which means that wages and living standards go up. This is a driver right now of nothing but positive economic trends. But what do we hear about? ‘AI's going to put everyone out of work.’ Total fake narrative. That was last year's hoax. Data centers using up everyone's water. Now there's a new hoax about human extinction. So we have a series of, I call them rotating hoaxes, where every six months there's a new one to try and convince us to sabotage the thing that's going to solve so many of our problems, especially the ones around affordability.”