If machines do everything well, including allocating capital and resources efficiently, can that be deflationary, can that eliminate poverty? I don't know. It's hard to be very optimistic if you look at how humans have behaved historically.

Next quotes

• Stanley Druckenmiller:

  All in all, I don't think robots and greater automation can bring about a utopian world as I imagin

• Stanley Druckenmiller:

  Good debt growth is when you borrow money, and it goes into the real economy. You do capital spendi

• Stanley Druckenmiller:

  I think old people like Hillary Clinton and I shouldn't try and be cool with social networks, you k

• Stanley Druckenmiller:

  I love being around kids. I couldn't figure out why all these 70-year-olds wanted to hang out with

• Stanley Druckenmiller:

  Bitcoin is like anything else: it's worth what people are willing to pay for it.

• Stanley Druckenmiller:

  I don't like the repeal of the estate tax.

• Stanley Druckenmiller:

  Once an economy reaches a certain level of acceleration... the Fed is no longer with you... The Fed

• Stanley Druckenmiller:

  I like putting all my eggs in one basket and then watching the basket very carefully.

• Stanley Druckenmiller:

  What a company's been earning doesn't mean anything. What you have to look at is what people think

• Stanley Druckenmiller:

  Carried interest... you're making money on somebody else's capital. It's not on your own. If that's