Andrew Kang: We are currently in one of the most extremely asymmetric moments in history, and future wealth growth will far surpass the crypto boom.

BlockBeats News, February 9 — Andrew Kang, co-founder of Mechanism Capital, stated, "We are in one of the most extreme asymmetrical moments in history. The only correct strategy now is to extend your time horizon and completely abandon short-termism. Worrying excessively about bubbles is foolish, and trying to time the market is also foolish. Short-term fluctuations and corrections will always happen, but in our proximity to the singularity, these are just noise. We are about to witness exponential breakthroughs in AI, robotics, energy, and innovation sectors. There will be billions of AI agents, humanoid robots, space data centers, multi-planet colonization, greatly improved medical therapies, and a fundamental acceleration in technological breakthroughs across various fields over the next decade. In the next twenty years, we will compress more achievements in technological progress and economic growth than throughout the entire history of human civilization.

We are already on the steep part of the J-curve, but it’s hard to notice from a daily or weekly perspective. Whether we officially reach the ASI (Artificial General Intelligence Singularity) in 2027 or 2029, it essentially doesn’t matter — it’s inevitable. At that point, asset prices will increase by several times or even dozens of times. Over the next 3–10 years, real economic growth could experience a “20σ event” under the distribution of history. Such growth was previously considered nearly impossible, with the potential for explosive upward space so vast that traditional present value calculations can hardly capture it.

The speed of wealth accumulation will be astonishing, much like how cryptocurrencies created a large number of billionaires and millionaires in a short period, but on an even larger scale. If you don’t get involved early, it will be difficult to buy rapidly appreciating assets at reasonable prices. But unlike past bubbles, genuine economic value creation will be better able to keep pace with the vertical rise in asset prices. It’s very important to always consider downside risks, but this is the greatest upside risk in history. Learn to endure long-term risks. Now is not the time to trade. For the vast majority, investing generally yields better returns than trading, and the expected value gap between trading and investing will be greater than ever before."