Latest / Earn Your Leisure / 300 Million Jobs Will Be Lost By Artificial Intelligence
Transcript
- 0:00Speaker 1: Money. It comes with a lot of questions and Fidelity
- 0:04Speaker 1: can help you get answers.
- 0:06Speaker 2: Visit Fidelity dot com slash black Wealth to learn more.
- 0:10Speaker 3: The zombie economy. Yes, so there have been projections that
- 0:17Speaker 3: over three hundred million jobs will be lost or or
- 0:22Speaker 3: terminated changed by artificial intelligence over the next decade.
- 0:26Speaker 1: Right, three hundred million. So this globally or the United
- 0:33Speaker 1: States globally, I believe.
- 0:36Speaker 3: So this I've never heard a deem like this before.
- 0:39Speaker 3: But zombie economy, what happens when millions of people don't
- 0:45Speaker 3: have jobs, don't have anything to do all day, don't
- 0:48Speaker 3: have you know, and literally computers and artificial intelligence are
- 0:54Speaker 3: running society, like running society, like you go to to
- 0:58Speaker 3: any you go to the clerk, you go to the office,
- 1:01Speaker 3: you go everywhere.
- 1:02Speaker 1: It is. It's just the robots. It's just robots running.
- 1:05Speaker 3: It may sound like I'm fantasizing, but all movies usually
- 1:08Speaker 3: come to reality.
- 1:10Speaker 1: What happens? What happens if you have fifty million peoples? Now?
- 1:16Speaker 3: Are they just They're kind of like animals, right if
- 1:19Speaker 3: you think, if you think about what an animal, animals
- 1:22Speaker 3: just out here is just living, just you know, just
- 1:24Speaker 3: trying to find food and shelter, and that's it. They
- 1:27Speaker 3: don't have any anything other than just food and shelter.
- 1:29Speaker 3: That's their main objective, right, So it's like, does this
- 1:32Speaker 3: turn the human being back to a primal species of
- 1:37Speaker 3: and does just further why you know, colonization on Mars,
- 1:42Speaker 3: different things of that nature. Is it only for an
- 1:44Speaker 3: elite group of people to completely control society while the
- 1:49Speaker 3: vast majority of people are left out in the wilderness.
- 1:53Speaker 3: Hey hey, it's it's always funny until it happened.
- 2:00Speaker 2: Yeah, yeah, but that was so part of that was
- 2:02Speaker 2: like and it goes back to what we said earlier,
- 2:04Speaker 2: and we were like, yeah, there's a wage gap, but
- 2:06Speaker 2: what happens when there's a group of people that have
- 2:08Speaker 2: no age? And so one of the things he said,
- 2:11Speaker 2: shout out the polls, like, yo, this is makes more
- 2:14Speaker 2: proponent Why universal.
- 2:16Speaker 1: Income, basic income, basic income will be a part of
- 2:20Speaker 1: the conversation like a welfare state.
- 2:22Speaker 2: Yeah, because we there are three hundred million jobs that
- 2:26Speaker 2: are going to be changed or replaced. Like, those are
- 2:28Speaker 2: people that's not like, yeah, it sounds like the company
- 2:31Speaker 2: lost his job or the cup jobs. No, those are
- 2:33Speaker 2: people that are not going to have employment. Those are
- 2:36Speaker 2: families that will not have the income that they once had.
- 2:39Speaker 2: If they don't have a skill, what will they do?
- 2:42Speaker 2: I don't know right now.
- 2:43Speaker 1: I don't know way to use the technology for your advantage.
- 2:47Speaker 2: Unless we unless we really understand the technology, educate ourselves
- 2:50Speaker 2: on it, and use it to advance or to be
- 2:54Speaker 2: an assistant in what we're doing.
- 2:56Speaker 3: You know what's so crazy? I was just watching Access
- 2:58Speaker 3: Hollywood shot out to Marry Lopez. Yeah, Jonathan Barrio Lopez
- 3:03Speaker 3: and later no disrespect to Access Hollywood.
- 3:07Speaker 1: But you know what disrespect is coming. This is New
- 3:09Speaker 1: York slang thing.
- 3:12Speaker 3: You know what they were showing. You know that what
- 3:14Speaker 3: they were showing. They were showing it was kissing cam.
- 3:17Speaker 3: So they had Bad Bunny and he was spotted with
- 3:21Speaker 3: Kylie Jenner or what's it that's the name, right, Kendall
- 3:26Speaker 3: and another actress they got spotted another actress and actor
- 3:30Speaker 3: was spotted kissing at Coachella. And I'm just thinking to myself.
- 3:35Speaker 3: I'm thinking to myself, like there's millions of people right
- 3:37Speaker 3: now that are watching television, eating their dinner, looking at
- 3:44Speaker 3: Bad Bunny kiss his girlfriend. Wow, three hundred million jobs
- 3:52Speaker 3: are about to be replaced over the next five years. Yeah,
- 3:55Speaker 3: and humans are in trouble and robots are taking over jobs,
- 4:02Speaker 3: and a computer is solving math equations that no human
- 4:06Speaker 3: could even think of. And this is the type of
- 4:11Speaker 3: information that we're being fed.
- 4:13Speaker 1: We got design, we're getting Frank Ocean meanings.
- 4:16Speaker 3: But it trickles down from that to the rap debates,
- 4:23Speaker 3: two platforms that interview rappers every single day, to the
- 4:30Speaker 3: NBA Finals. I'm just saying that over the cost of time,
- 4:35Speaker 3: it all ties in. If you can keep people entertained,
- 4:38Speaker 3: they don't ask questions. Yeah right, Yeah, it's the old
- 4:42Speaker 3: Roman circus.
- 4:43Speaker 4: And the truth is like, whenever you have a society
- 4:46Speaker 4: start to get degrade, one of the first signs that
- 4:48Speaker 4: you'll see is that there's like a.
- 4:49Speaker 1: Weekending amongst the men.
- 4:51Speaker 4: And then also the job markets soften so much so
- 4:53Speaker 4: when the last recession happened and everything became gig based. Okay,
- 4:58Speaker 4: And I keep saying I said in twenty when you
- 5:00Speaker 4: go watch every EPP for anyone who has any questions
- 5:02Speaker 4: about what I think about investment in what you should do,
- 5:04Speaker 4: go watch every episode of market mondays the jobs that
- 5:07Speaker 4: were lost from two thousand and seven. In two thousand
- 5:09Speaker 4: and eight have not been recovered yet. Then we went
- 5:13Speaker 4: to gig economy and then tech and all these remixes
- 5:16Speaker 4: of tech.
- 5:17Speaker 1: That era is going to die off very soon.
- 5:20Speaker 4: And I am very fearful that if we don't collectively
- 5:23Speaker 4: learn how to use these tools, it's going to be
- 5:25Speaker 4: used as a mechanism like fifteen x or one hundred
- 5:28Speaker 4: x worse than programming in the early nineteen nineties, where
- 5:31Speaker 4: we will not be able to have jobs because it
- 5:32Speaker 4: is going to be a requirement, even on your job
- 5:35Speaker 4: within two years to know how to use these tools
- 5:37Speaker 4: to be the most efficient. If you are working for
- 5:39Speaker 4: any company, I don't care what your position is. If
- 5:42Speaker 4: you are not providing team to fifteen x minimum return
- 5:45Speaker 4: for every dollar you're getting paid, the job is going
- 5:47Speaker 4: to be in jeopardy.
- 5:49Speaker 1: They learn how to use these tools immediately when.
- 5:52Speaker 2: They ask what earners, what's up? You ever walk into
- 5:55Speaker 2: a small business and everything just works like the checkout
- 5:59Speaker 2: is fast or receipt digital tipping is a breeze and
- 6:03Speaker 2: you're out the door before the line even builds. Odds
- 6:05Speaker 2: are they're using Square? We love supporting businesses that run
- 6:10Speaker 2: on Square because it just feels seamless. Whether it's a
- 6:12Speaker 2: local coffee shop, a vendor at a pop up market,
- 6:15Speaker 2: or even one of.
- 6:16Speaker 1: Our merch partners.
- 6:17Speaker 2: Square makes it easy for them to take payments, manage inventory,
- 6:21Speaker 2: and run their business with confidence, all from one simple system.
- 6:25Speaker 2: If you're a business owner or even just thinking about
- 6:28Speaker 2: launching something soon, Square is hands down one of the
- 6:31Speaker 2: best tools out there to help you start, run and grow.
- 6:35Speaker 2: It's not just about payments, it's about giving you time
- 6:38Speaker 2: back so you can focus.
- 6:39Speaker 1: On what matters most ready.
- 6:41Speaker 2: To see how Square can transform your business, visit Square
- 6:44Speaker 2: dot com backslash go backslash eyl to learn more that
- 6:49Speaker 2: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.
- 6:55Speaker 2: Let's Square handle the back end so you can keep
- 6:57Speaker 2: pushing your vision forward. This episode is brought to you
- 7:03Speaker 2: by P and C Bank. A lot of people think
- 7:06Speaker 2: podcasts about work are boring, and sure, they definitely can be,
- 7:10Speaker 2: but understanding a professionals routine shows us how they achieve
- 7:13Speaker 2: their success little by little, day after day. It's like
- 7:18Speaker 2: banking with P and C Bank. It might seem boring
- 7:20Speaker 2: to save, plan and make calculated decisions with your bank,
- 7:24Speaker 2: but keeping your money boring is what helps you live
- 7:26Speaker 2: a more happily fulfilled life. P and C Bank Brilliantly
- 7:30Speaker 2: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty
- 7:35Speaker 2: five is a service mark of the PNC Financial Service Group, Inc.
- 7:39Speaker 2: P and C Bank National Association Member FDIC.
- 7:44Speaker 5: An illegal alien from Guatemala charged with raping a child
- 7:48Speaker 5: in Massachusetts. An MS thirteen gang member from El Salvador
- 7:52Speaker 5: accused of murdering a Texas man of Venezuelan charged with
- 7:56Speaker 5: filming and selling child pornography in Michigan just some of
- 8:00Speaker 5: the heinous migrant criminals caught because of President Donald J.
- 8:04Speaker 5: Trump's leadership. I'm Christy Noman, the United States Secretary of
- 8:08Speaker 5: Homeland Security. Under President Trump, attempted illegal border crossings are
- 8:13Speaker 5: at the lowest levels ever recorded, and over one hundred
- 8:16Speaker 5: thousand illegal aliens have been arrested. If you are here illegally,
- 8:21Speaker 5: your next you will be fine nearly one thousand dollars
- 8:24Speaker 5: a day. Imprisoned and deported, you will never return. But
- 8:28Speaker 5: if you register using our CBP home app and leave now,
- 8:32Speaker 5: you could be allowed to return legally. Do what's right.
- 8:36Speaker 5: Leave now. Under President Trump, America's laws border and families
- 8:41Speaker 5: will be protected.
- 8:42Speaker 1: Sponsored by the United States Department of Homeland Security. It's jobs,
- 8:45Speaker 1: they said, knowledge workers.
- 8:47Speaker 2: Who's at writers, architects, accountants, software engineers?
- 8:51Speaker 1: Well, and that it's another thing.
- 8:52Speaker 3: And so we put a post on social media a
- 8:54Speaker 3: couple of weeks ago and we're saying, like the five
- 8:57Speaker 3: careers that AI which one of these news publications took
- 9:00Speaker 3: that shout out to you guys for plagiarism, but that's
- 9:04Speaker 3: a different story time.
- 9:06Speaker 1: And they left. The information just came up.
- 9:10Speaker 3: So one of the careers that we said that was
- 9:12Speaker 3: probably gonna be replaced soon as computer programmers. And then
- 9:15Speaker 3: a bunch of computer programmers were in the comments, like
- 9:18Speaker 3: it's always the people that know nothing about computer that's
- 9:21Speaker 3: always talking about computer programmers. Our jobs are safe, they're
- 9:24Speaker 3: not gonna And then the CEO of Google says ship
- 9:29Speaker 3: that computer programmers are getting replaced by computers. You have
- 9:33Speaker 3: artificial intelligence, that's can that's replacing that. You have computers
- 9:37Speaker 3: training computers. I don't know, he's he's only the CEO
- 9:42Speaker 3: of Google. Okay, don't trust me, trust Google.
- 9:46Speaker 1: You're ready to do You're ready do yo.
- 9:52Speaker 2: On a positive note, on a positive note not that
- 9:54Speaker 2: that wasn't, but.
- 9:56Speaker 1: He said that.
- 9:58Speaker 2: You know, the brilliant thing of about this is that
- 10:00Speaker 2: more people care at the early stages of this technology
- 10:05Speaker 2: than any other technology before. Right when you talk about
- 10:07Speaker 2: how fast is developed, when we talk about it being
- 10:09Speaker 2: the number one app that's ever been download, people are
- 10:13Speaker 2: becoming because this is the information age, more people are
- 10:17Speaker 2: becoming aware of some of the negative things that could happen.
- 10:20Speaker 2: And so when you do that, then you can make
- 10:22Speaker 2: corrections along the way, which is good, right, rather than
- 10:25Speaker 2: it just happening and it's like, oh, what do we
- 10:27Speaker 2: do now it's still in its infancy stages and such
- 10:31Speaker 2: as what I don't I'm just saying if they if
- 10:33Speaker 2: there has to be one, right, so like chat not
- 10:36Speaker 2: unless you use open ai, like chat GBT two, Right,
- 10:40Speaker 2: it still has malfunctions, Right, there's still pieces of it
- 10:44Speaker 2: that way for you. Right, Well, if they watch the piece,
- 10:48Speaker 2: don't know what hallucinations are. It's when you ask it
- 10:50Speaker 2: and it gives you the wrong information. Right, Well, Chat
- 10:53Speaker 2: GBT four is going to be improved. Right by the
- 10:56Speaker 2: time they get to ten, it'll be even more so improved.
- 10:59Speaker 2: But you're finding the errors and you're saying, Okay, this
- 11:02Speaker 2: is how we can correct it, right, so that's a
- 11:05Speaker 2: positive thing.
- 11:07Speaker 1: No, Yes, I'm gonna go with you on this one.
- 11:11Speaker 1: Oh like y'all was like yo, you know what me?
- 11:14Speaker 2: Yeah, because I mean if we're the more we're aware,
- 11:17Speaker 2: then the more we can actually be uh proactive and reactive.
- 11:23Speaker 1: Okay, got my honest thoughts. Please please please.
- 11:28Speaker 4: This This is not meant to be useful for us.
- 11:33Speaker 4: And this includes this like this is a one percent
- 11:36Speaker 4: of one percent conversation, and as in humans, as in
- 11:41Speaker 4: human beings. So I'm talking to top families, top governments.
- 11:47Speaker 4: This is a tool of and I hate to phrase
- 11:50Speaker 4: it this way, but this is the closest way that
- 11:53Speaker 4: they're going to get back to slavery without an acting slavery.
- 11:58Speaker 4: So if we need to reset our kind, they keep saying,
- 12:00Speaker 4: it's a great reset. Now we're going in a quarter
- 12:02Speaker 4: three of negative growth. If that is not a recession,
- 12:06Speaker 4: I don't know what it is. And we need qualitative
- 12:08Speaker 4: type being great, going to run the budget up to
- 12:12Speaker 4: fifty two trillion dollars in debt. Now, if we have
- 12:14Speaker 4: to kill three hundred million jobs, technically the number may
- 12:17Speaker 4: be like five six hundred maybe eighty five million jobs
- 12:20Speaker 4: will be affected here. This is a tool to wipe
- 12:23Speaker 4: out the entire middle class permanently forever, including all black
- 12:28Speaker 4: and brown people. Great, y'all want reparations, y'all want all
- 12:32Speaker 4: these rights, and they openly say I'm not with the
- 12:36Speaker 4: woke movement, and then all of a sudden, all the
- 12:38Speaker 4: marketing dollars on Earth for their greatest rollout in history
- 12:43Speaker 4: just look like get Richard, I try and rollout. And
- 12:47Speaker 4: now they got the people even excited about using the tools,
- 12:51Speaker 4: because of course we'll use it for a couple of
- 12:52Speaker 4: years and it be for a benefit. But I also
- 12:54Speaker 4: have known some people that have written stuff in Google
- 12:56Speaker 4: docs and or chat GPT and then all of a
- 12:59Speaker 4: sudden floated on another platform which was identical to their idea.
- 13:03Speaker 4: Of course, mid Journey and some other places. If you
- 13:05Speaker 4: have a paid version, the rights are yours technically, but
- 13:09Speaker 4: don't be surprised if you see your artworks and creations
- 13:13Speaker 4: end up on other platforms.
- 13:14Speaker 1: So I think this is.
- 13:17Speaker 4: The tail end of our run as a country, even
- 13:22Speaker 4: though people hate when I say that the.
- 13:25Speaker 1: Information is this isn't me.
- 13:26Speaker 4: This the fucking IMF and Trilateral Commission like, this isn't
- 13:31Speaker 4: stuff that I'm making up. This comes back to that
- 13:33Speaker 4: reading part.
- 13:35Speaker 1: No talking.
- 13:36Speaker 4: You don't have to like my disposition or takes on
- 13:39Speaker 4: the market. I was doing this before anybody black was
- 13:42Speaker 4: talking about this Goldman and Citadel and Meta. Thank you
- 13:46Speaker 4: Mark Zuckerberg for the mesters today. When can I come
- 13:49Speaker 4: to menlo at HQ still no season desists. This is
- 13:54Speaker 4: not for our benefit. This is for the benefit of
- 13:57Speaker 4: companies in the top one percent of one percent. And
- 14:00Speaker 4: if I didn't say that, it would be egregious to do.
- 14:01Speaker 4: So y'all can writey'all other think pieces about how y'all
- 14:05Speaker 4: think I'm crazy until it's.
- 14:06Speaker 3: Not my graduates from my school being forced back drop
- 14:13Speaker 3: bag drop, Mike drop, backdrop.
- 14:16Speaker 6: Drop earners, what's going on? Listen?
- 14:29Speaker 2: EYLU is relaunching, revamping, retooling. That's right, We're creating a
- 14:33Speaker 2: new educational experience that's more expansive.
- 14:36Speaker 1: Shoty telling we.
- 14:36Speaker 7: God, Yes, twenty twenty three, we got a lot. It's
- 14:40Speaker 7: still a lot playing for you guys. So you know
- 14:42Speaker 7: that EYLU already includes monthly financial planning calls with Me,
- 14:46Speaker 7: book club calls with Troy, real estate calls with MG
- 14:49Speaker 7: the mortgage got access to the Home Buying Blueprint Volume
- 14:53Speaker 7: one and Volume two. Part of the revamp will include
- 14:56Speaker 7: twenty seven local chapters from across the United States, live
- 15:00Speaker 7: interactive teaching, hands on not just pre recorded videos, plus
- 15:05Speaker 7: fifteen brand new curriculums.
- 15:08Speaker 1: The biggest just got bigger. Head over to e y
- 15:11Speaker 1: l university dot com.
- 15:13Speaker 2: That's e y l U n i V E R
- 15:17Speaker 2: s i t y dot com.
- 15:20Speaker 1: See you there,