Press "Enter" to skip to content

Bank of America Predicts Immortality Will Be Next Hot Investment

If there’s anyone you can trust the future with, it’s the straight shooting, salt-of-the-earth folks that run our financial institutions. You know, the ones with the honest faces. It’s true. You can trust major banks completely and unreservedly. That is, you can trust them to do one thing and one thing alone: get the money. Sort of like how you can always trust an alligator to be an alligator, and why you shouldn’t ferry scorpions across rivers. As the future gets weird, figuring out what’s what is going to get even harder than it is now. Despite that, we’ll always be able to count on the banks to be alligators. Or something like that. The point is that when there’s a lot of big talk about seemingly impossible—or at least too good or weird to be true—developments, a good metric of whether it’s nonsense is if the big money cares or not. One tall tale of the future that’s being thrown around lately is immortality, which sounds at least too weird to be true. Yet it seems that Bank of America believes that immortality and life extension is both possible and profitable.

According to CNBC, Bank of America, one of the largest US investment banks, believes that the life extension and immortality industry will be worth a cool $600 billion by 2025. In a letter to clients, Bank of America analysts Felix Tran and Haim Israel wrote that they believe big name companies like Alphabet and Novartis are on the verge of “bringing unprecedented increases to the quality and length of human lifespans,” and that humans will soon enjoy healthy lives far past the age of 100.  They write:

Loading...

CONTINUE @ MU