Andrew Kang: We are currently in one of the most extreme asymmetric moments in history, where the pace of future wealth creation will far outstrip the crypto boom

On February 9th, Mechanism Capital co-founder Andrew Kang posted: “We’re in one of the most extreme asymmetric moments in history. The only sound strategy right now is to extend your time horizon and abandon short-termism entirely. Obsessing over a bubble is foolish—so is trying to time the market. Short-term volatility and corrections are inevitable, but when we’re this close to the singularity, they’re just noise. We’re on the cusp of exponential breakthroughs in AI, robotics, energy, and innovation. The future will bring billions of AI agent workers, humanoid robots, space data centers, interplanetary colonization, and drastically improved medical therapies—all fundamentally accelerating the pace and output of technological progress across fields over the next decade. Over the next 20 years, we’ll compress more technological advancement and economic growth than all of human civilization’s history combined.” We’re already on the steep part of the J-curve, but it’s hard to spot day-to-day or week-to-week. Whether we hit AGI (Artificial General Intelligence Singularity) in 2027 or 2029 doesn’t matter—it’s inevitable. By then, the assets you’ll want to hold will multiply severalfold, if not tens of times over. Over the next 3–10 years, real economic growth could see a “20σ event” relative to historical distributions. This kind of growth was once considered nearly impossible, with explosive upside so large it can’t be captured by traditional present-value calculations. Wealth creation will accelerate at an astonishing pace—much like crypto created scores of billionaires and multimillionaires quickly, but on a far larger scale. If you don’t get in early, it’ll be hard to buy rapidly rising assets at a fair price. Unlike past bubbles, though, real economic value creation will better keep pace with asset prices’ vertical climb. It’s critical to always account for downside risk, but this is the biggest upside risk in world history. Learn to stomach long-term risk. Now isn’t the time to trade. For most people, investing beats trading—and the gap between the expected value of trading vs. investing will be wider than ever before.