“There is also about $30 trillion worth of privately-held land in the US (not counting improvements on top of the land). Assume that this value will roughly double, too, over the next decade — this is somewhat faster than the historical rate, but as the world really starts to understand the shifts AI will cause, the value of land, as one of the few truly finite assets, should increase at a faster rate.”

Sam AltmanCEO

CEO of OpenAI

Resolves against the value of privately-held US land in 2031 versus the ~$30 trillion baseline Altman cited in 2021.