Latest / Earn Your Leisure / Cliff Notes: Are We in an AI Bubble? How to Profit
Transcript
- 0:00Speaker 1: An illegal alien from Guatemala charged with raping a child
- 0:03Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 0:07Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 0:11Speaker 1: filming and selling child pornography in Michigan. These are just
- 0:15Speaker 1: some of the heinous migrant criminals caught because of President
- 0:19Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 0:23Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 0:28Speaker 1: crossings are at the lowest levels ever recorded, and over
- 0:31Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 0:35Speaker 1: are here illegally, your next you will be fined nearly
- 0:39Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 0:43Speaker 1: never return. But if you register using our CBP home
- 0:46Speaker 1: app and leave now, you could be allowed to return legally.
- 0:50Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
- 0:55Speaker 1: border and families will be protected.
- 0:57Speaker 2: Sponsored by the United States Department of Homeland Security.
- 1:00Speaker 3: Will the AI bubble be bigger than the dot com bubble?
- 1:05Speaker 4: No, but I think it would be bigger than a
- 1:07Speaker 4: crypto bubble, and I think the bust in AI would
- 1:10Speaker 4: be bigger than a crypto bubble as well.
- 1:12Speaker 3: So how will a bust and AI happen? Because AI
- 1:14Speaker 3: is not something that's going away. It's here and it's
- 1:17Speaker 3: only going to get bigger. It's going to be implemented
- 1:19Speaker 3: more and more parts of life. So when you say
- 1:22Speaker 3: a bubble, what does that even mean? Like as far
- 1:24Speaker 3: as the companies AI companies.
- 1:26Speaker 4: AI companies, like the AI itself is going to exist,
- 1:29Speaker 4: but they're only going to be maybe three or four
- 1:30Speaker 4: major players. And then also Google have not put in
- 1:33Speaker 4: the efforts yet. I really believe Meta's going to make
- 1:36Speaker 4: a strong effort to be big in that chip in
- 1:40Speaker 4: AI space. I think it'll come down to four or
- 1:42Speaker 4: five players. Like same with the dot dot com bomb.
- 1:45Speaker 4: You had a bunch of companies that failed, but the
- 1:47Speaker 4: Internet overall.
- 1:48Speaker 3: But but I think the difference between the AI, if
- 1:53Speaker 3: it's a bubble, and dot com and crypto is that
- 1:56Speaker 3: there's not a lot of AI. So it's like there
- 1:57Speaker 3: was there was a lot of dot com companies, pet
- 2:01Speaker 3: dot com, water dot com anything. There was a lot
- 2:04Speaker 3: of dot com companies, right the same thing with crypto
- 2:07Speaker 3: there was first there was bigcoin and ethereum, then there's
- 2:10Speaker 3: a million different mean coins and all of these other
- 2:13Speaker 3: you know, different coins. I mean, if you really look
- 2:18Speaker 3: at it, there aren't a lot of like artificial intelligence companies.
- 2:21Speaker 3: The companies that they transform and being funded now are
- 2:24Speaker 3: the bigger companies though. So we're talking about in video,
- 2:27Speaker 3: we're talking about Apple, We're talking about Tesla, We're talking
- 2:30Speaker 3: about all of these. These are already established tech companies.
- 2:34Speaker 3: It's not like just a bunch of random startup companies.
- 2:39Speaker 4: Every day, I'm probably getting ten to fifteen different companies,
- 2:42Speaker 4: like I get munch.
- 2:43Speaker 5: Video dot ai.
- 2:44Speaker 4: Like if we go to Nikki's page, we can see
- 2:46Speaker 4: three new AI companies that she's talking about every day.
- 2:49Speaker 6: But I mean that's not they're not publicly traded though.
- 2:51Speaker 4: No they're they're not. But also because of inflation and data,
- 2:54Speaker 4: I feel I see what you said. Yeah, capitals are
- 2:56Speaker 4: like currently like those dot coms. A lot of those
- 2:58Speaker 4: dot coms was on the stock market.
- 3:01Speaker 5: Yeah, and the VC's got them there.
- 3:02Speaker 4: And because the crypto thing blew up, they're going to
- 3:05Speaker 4: take all that NFT and crypto money and fund AI
- 3:08Speaker 4: and as soon as we get out of this little
- 3:09Speaker 4: recession and fund and stars flows, they're going to create
- 3:12Speaker 4: the next wave of the boom, Like, no one wants
- 3:17Speaker 4: to have a conversation, and I get why we have
- 3:19Speaker 4: to at some point have the conversation around venture capital
- 3:22Speaker 4: creating all of these busts and having no downside risk.
- 3:25Speaker 7: I think another perspective is the thing of what stage
- 3:29Speaker 7: are we in the bubble?
- 3:30Speaker 5: Yeah, well we're super right.
- 3:32Speaker 7: So if we think about early AI and Jennert AI,
- 3:35Speaker 7: we're talking about TATGBT, we're talking about we're in the
- 3:37Speaker 7: infancy stages of it, and so there's still time to
- 3:39Speaker 7: create those companies. And so when you were like publicly traded,
- 3:42Speaker 7: I'm like, I don't remember five years ago here about AI,
- 3:45Speaker 7: like eight C three AI, think like they're publicly traded. Yeah,
- 3:49Speaker 7: And it was like, oh, they adjusted right, and then
- 3:52Speaker 7: you didn't I didn't hear about them. And then it
- 3:54Speaker 7: was like, oh wait, there's a company that specifically is
- 3:57Speaker 7: tailored to reap the benefits of artificial intelligence. Yeah, I
- 4:02Speaker 7: think that it will see more of that, right, Like,
- 4:05Speaker 7: because it's so early, Like if we use AOL, like
- 4:08Speaker 7: this is ninety two in AOL is yeah, right before
- 4:11Speaker 7: it's like ninety three ninety four, when as we're early
- 4:13Speaker 7: in it, and then the dot com comes. It's like wait,
- 4:17Speaker 7: excite dot com?
- 4:17Speaker 2: Like what is all this?
- 4:18Speaker 5: Yeah, I think we're a few years out from it.
- 4:20Speaker 5: For sure.
- 4:20Speaker 4: It's not a bunch, but that's a bunch that are
- 4:22Speaker 4: currently getting funded like that. There's even you know, if
- 4:24Speaker 4: you go on Medium, that's some companies that have got
- 4:26Speaker 4: a funded fifty seventy million dollars that didn't even have
- 4:30Speaker 4: like a complete working prototype yet.
- 4:32Speaker 3: I also think that this is gonna so tech obviously
- 4:36Speaker 3: went on a rampage the last fifteen years, then it.
- 4:41Speaker 6: Fell, and then I think this is gonna earners.
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- 6:35Speaker 1: An illegal alien from Guatemala charged with raping a child
- 6:39Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
- 6:43Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
- 6:47Speaker 1: filming and selling child pornography in Michigan. These are just
- 6:51Speaker 1: some of the heinous migrant criminals caught because of President
- 6:55Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 6:58Speaker 1: Secretary of Homelands Security. Under President Trump, attempted illegal border
- 7:03Speaker 1: crossings are at the lowest levels ever recorded, and over
- 7:07Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 7:10Speaker 1: are here illegally, your next you will be fine nearly
- 7:14Speaker 1: one thousand dollars a day, imprisoned and deported, you will
- 7:18Speaker 1: never return. But if you register using our CBP home
- 7:22Speaker 1: app and leave now, you could be allowed to return legally.
- 7:25Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
- 7:30Speaker 1: border and families will be protected.
- 7:33Speaker 2: Sponsored by the United States Department at Homeland Security.
- 7:35Speaker 3: Drive Tech, Bigger QQ and all of the tech indexes.
- 7:40Speaker 3: I feel like every tech company is going to benefit
- 7:43Speaker 3: from artificial intelligence, our grit that's going to be the
- 7:46Speaker 3: next propeller of technology moving forward our grit.
- 7:50Speaker 4: This is the catalyst to tachtoo induestional stresses. I keep
- 7:53Speaker 4: telling you guys, you don't have to adjust anything. Also
- 7:56Speaker 4: to listening and executing this key. So going back to
- 8:01Speaker 4: all information is not created equal. Once you have something
- 8:04Speaker 4: that works, you don't need more information. Yeah, you don't
- 8:08Speaker 4: need more information. Like once you have something to solid,
- 8:11Speaker 4: a system that works, don't need to deviate from it.
- 8:14Speaker 5: You gotta apply it. Yeah, yeah, we I mean that
- 8:17Speaker 5: happens a lot.
- 8:18Speaker 7: So just imagine how many texts you got over the
- 8:20Speaker 7: past two weeks like hey man, I'm glad we heard
- 8:23Speaker 7: that information. How many people are not texting you because
- 8:27Speaker 7: they didn't feel like.
- 8:29Speaker 5: They watched market Mondays every week.
- 8:32Speaker 7: We talk about these companies every week, something like the
- 8:35Speaker 7: Nvidio earnings called happens and you're like, oh gosh, I
- 8:40Speaker 7: didn't execute.
- 8:41Speaker 4: Like, yeah, it happens. But we're training to shop and
- 8:45Speaker 4: spend more of our money than we are too invest
- 8:48Speaker 4: long term. Even with the whole situation, I find it
- 8:53Speaker 4: funny how much money gets poured into these character down
- 8:56Speaker 4: campaigns and how much traction those get on social media
- 9:00Speaker 4: because negativity produces a higher viral clip rate.
- 9:03Speaker 5: Than something positive.
- 9:05Speaker 4: There's monetization even on our negativity, and I never see
- 9:08Speaker 4: it in any other community. I never do, especially like
- 9:12Speaker 4: once again and once we're getting into the market of
- 9:14Speaker 4: twenty twenty, I feel like there's a concerted effort for
- 9:17Speaker 4: anybody that's good in the space to get torn down.
- 9:21Speaker 4: Like I always cut in at the beginning, like okay,
- 9:23Speaker 4: you guys want to be involved, And now it's like, okay,
- 9:25Speaker 4: now it's getting traction.
- 9:26Speaker 5: Let's knock this down. Yeah, I mean, that's crazy.
- 9:32Speaker 7: You're talking about media, but I'm even thinking about the
- 9:34Speaker 7: market itself.
- 9:35Speaker 5: Like we watched the pandemic happing.
- 9:38Speaker 7: We watched twenty twenty one and mark was up, and
- 9:41Speaker 7: then twenty twenty two was like, oh, this is the
- 9:44Speaker 7: real test for people who would just get into it.
- 9:47Speaker 5: How would they fit? Yeah, how would they feel?
- 9:50Speaker 3: You either die a hair or long live long enough
- 9:53Speaker 3: to be a villain and that's great. Less it's like,
- 9:55Speaker 3: you know, Resting Peace and Nipsey Hustle, rest in Peace
- 9:59Speaker 3: and marm Luke King Malcolm X.
- 10:01Speaker 6: But these are martyrs. These are people that died.
- 10:04Speaker 3: Yeah, So it's like the people that lived are never
- 10:07Speaker 3: celebrated the same way. They never celebrated the same way,
- 10:11Speaker 3: and you start to, you know, pick apart somebody's character
- 10:16Speaker 3: and do this and do that, and different things of
- 10:17Speaker 3: that nature. So it's like we're never going to have
- 10:20Speaker 3: the same reverence for somebody that has lived forever as
- 10:24Speaker 3: opposed to somebody that died when they was young.
- 10:28Speaker 4: Let's see, that's point of it.
- 10:32Speaker 5: That's a dark Knight. Yeah, that's Jay.
- 10:35Speaker 3: That's just so you know, it's one of these things.
- 10:37Speaker 3: Ladies and gentlemen, be careful what you wish for. You
- 10:40Speaker 3: want to be successful, you want to be famous. It's
- 10:44Speaker 3: a lot that comes with it, a lot that comes
- 10:46Speaker 3: with it, a lot that comes with it, more money,
- 10:48Speaker 3: more problems.
- 10:49Speaker 6: That's what Big said.
- 10:50Speaker 7: I'll tell you what else they said. You never be
- 10:52Speaker 7: able to say that. These guys lie to you, Jack.
- 10:57Speaker 5: Big, ain't lie.
- 11:00Speaker 6: My graduates from my school being force back drop bag
- 11:05Speaker 6: Drop Mike Drotdrops.
- 11:18Speaker 1: An illegal alien from Guatemala charged with raping a child
- 11:22Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 11:26Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
- 11:30Speaker 1: filming and selling child pornography in Michigan. These are just
- 11:34Speaker 1: some of the heinous migrant criminals caught because of President
- 11:38Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 11:42Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 11:47Speaker 1: crossings are at the lowest levels ever recorded, and over
- 11:50Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 11:54Speaker 1: are here illegally, your next you will be fine nearly
- 11:57Speaker 1: one thousand dollars a day in prison and deported. You
- 12:01Speaker 1: will never return. But if you register using our CBP
- 12:05Speaker 1: home app and leave now, you could be allowed to
- 12:08Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
- 12:13Speaker 1: America's laws, border and families will be protected.
- 12:16Speaker 2: Sponsored by the United States Department of Homeland Security.