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The Long View — Part Three with Ian Dunlap · The Breakfast Club

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  Speaker 1: Today on front page.
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  Speaker 2: Part three, the final installment with Ian Dunlap, What to
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  Speaker 2: teach your kids, which careers are safe and the math
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  Speaker 2: on AI that no one is doing out loud, So.
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  Speaker 3: Start small, do a little bit every day, do it together.
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  Speaker 2: It's Tuesday, July seventh from the Black Effect Podcast Network.
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  Speaker 1: I'm Mimi Brown.
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  Speaker 2: This is pronk Page. Stay with me. This is the
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  Speaker 2: close of our three part series with Ian Dunlap, founder
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  Speaker 2: of Red Panda. Part one, we talked about the AI shift,
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  Speaker 2: Who's getting hit and why? Part two the playbook, the pools,
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  Speaker 2: the prompts today. Part three the longview, what you should
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  Speaker 2: be teaching your kids right now, which careers are safe
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  Speaker 2: from AI, and what Ian believes we are all going
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  Speaker 2: to look back on in five years and realize we
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  Speaker 2: got wrong. Here is part three, and then we talked
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  Speaker 2: about kids, you know, college age kids. But what should
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  Speaker 2: parents be teaching their kids right now? What skills should
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  Speaker 2: they be teaching their kids right now so as they
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  Speaker 2: get older they're not left out of this moving AI trend.
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  Speaker 3: It's a great question.
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  Speaker 4: I think one of the best things a parent can
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  Speaker 4: do is take ten minutes every day and go through
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  Speaker 4: these tools with their children. I think a lot of
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  Speaker 4: times as parents we want to have these deep dives
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  Speaker 4: because they weren't given to us.
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  Speaker 3: But I've learned even with my son and less is
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  Speaker 3: more so.
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  Speaker 4: Even when I started teaching him investing at three, it
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  Speaker 4: was one lesson today and it may have been five minutes.
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  Speaker 4: Now at eleven, I may go up to five or
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  Speaker 4: ten minutes. But if I try and inundate him for
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  Speaker 4: forty five minutes, he doesn't want to hear it. So
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  Speaker 4: start small, do a little bit every day, do it together.
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  Speaker 4: But you have to teach them technology. You have to
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  Speaker 4: teach them the importance of being able to read five
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  Speaker 4: to ten pages a day.
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  Speaker 3: They and I know some people think.
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  Speaker 4: Coding is really important, but with the often you're able
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  Speaker 4: to do and codex and perplexity, you have to teach
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  Speaker 4: them how to use these large language models to their benefit.
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  Speaker 4: And doing it together makes it a lot more fun.
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  Speaker 4: So doing that every day, and then of course learning
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  Speaker 4: how to invest every day. Once again, going back, the
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  Speaker 4: Renaissance era was just a combination of careers being put together,
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  Speaker 4: and then as industrialization came in, they made it specialized.
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  Speaker 4: We've always been great at being greater a bunch of things.
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  Speaker 4: So I think we're back to that chimera of Renaissance era.
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  Speaker 4: Teach them how to do a bunch of things at
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  Speaker 4: one time and they'll be okay in the job market
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  Speaker 4: when it's time for them to be placed.
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  Speaker 3: I love that.
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  Speaker 2: And how would you rank these language models right now?
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  Speaker 2: What's your favorite to use? Least to greatest or greatest?
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  Speaker 2: The least should I say.
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  Speaker 4: I really like flaud probably would be two. Perplexity would
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  Speaker 4: be one. Open AI used to be my favorite, but
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  Speaker 4: it's been a lot of missteps and by saying all
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  Speaker 4: men and CEO and I think it's affected the product.
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  Speaker 4: So I will put them as third Perplexity. My friend
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  Speaker 4: tyed put me onto It's just a wonderful piece of technology.
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  Speaker 4: So I start my day with Perplexity, then I go
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  Speaker 4: to Claude, and then I end off with chat GBT,
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  Speaker 4: even though I used to use that first.
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  Speaker 2: Okay, okay, And so the message I think you're sending
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  Speaker 2: here saying right here in is don't be afraid of AI.
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  Speaker 2: Get in it, let it work for you, use it
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  Speaker 2: in your everyday business, or it will leave you behind.
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  Speaker 3: Basically, you have to. It would be the same if
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  Speaker 3: in two thousand and three, you said, well, I'm.
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  Speaker 4: Never going to use email, so you're going to go
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  Speaker 4: to the post office every day and write correspondence to
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  Speaker 4: send out the clients.
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  Speaker 3: Like they've made this thing.
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  Speaker 4: And the other part is you don't want to go
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  Speaker 4: against the wave of investment they have spent. And now
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  Speaker 4: we can say whether it's good or bad, but they
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  Speaker 4: have spent hundreds of billions of dollars into this technology
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  Speaker 4: that is not going to go away between Microsoft, Apple,
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  Speaker 4: and Video Google. Like even it was announced when Jensen
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  Speaker 4: was in Taipei, they put a they want laptops to
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  Speaker 4: be the new agentic AI. And if Microsoft is able
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  Speaker 4: to pull off this partnership, it may be there. Apple
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  Speaker 4: misstepped and it was supposed to be on the phone,
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  Speaker 4: but now Microsoft went up as a result of a
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  Speaker 4: the partnership with the video So if in Vidia, Microsoft, ARM,
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  Speaker 4: AMD IBM are all partnering for AI is not going anywhere.
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  Speaker 4: We can talk about the ills of the data centers
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  Speaker 4: and how it's going to affect our drinking water supply
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  Speaker 4: and the ill effects of that, but the technology is
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  Speaker 4: not going anywhere. You need to be able to use
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  Speaker 4: it in order to be able to have freedom for
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  Speaker 4: your family.
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  Speaker 2: And as we wrap up, I wanted to know what
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  Speaker 2: careers would you encourage people to look into right now.
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  Speaker 4: I think the careers that are safe. Doctors won't be
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  Speaker 4: replaced by AI, Nurses won't be replaced by AI. Construction
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  Speaker 4: so my dad has been in construction thirty years. We
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  Speaker 4: talk all the time about this. He was like, if
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  Speaker 4: they have AI to be able to put on a
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  Speaker 4: roof or hang draw wall, I'll buy one. It's not available.
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  Speaker 4: And when we was at in Video they have the
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  Speaker 4: robots for homes. They're a little bit clumsy, so they're
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  Speaker 4: not there yet. So all this fear mongerant about it
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  Speaker 4: taking every job on earth, that's not true. Mechanics, electricians,
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  Speaker 4: of course, investors. But if you're able to put your
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  Speaker 4: human touch on something, I think the cream always rises
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  Speaker 4: to the top. So just find ways to get better
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  Speaker 4: at your craft every single day. And even with me,
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  Speaker 4: when the influx of AI came in, it was a
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  Speaker 4: bunch of people who thought, well, I can just do
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  Speaker 4: the same thing that you do with the AI, and
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  Speaker 4: the results have not been the same. But Chef and
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  Speaker 4: there's a lot in healthcare that will not be disrupted
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  Speaker 4: by AI. But if you can learn how to use
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  Speaker 4: it for the back end stuff and be great at
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  Speaker 4: what you.
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  Speaker 3: Do, you'll be sick.
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  Speaker 1: You'll be sick.
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  Speaker 2: I love those answers, and I wanted to know, you know,
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  Speaker 2: because we need some solutions, We need some optimism. So
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  Speaker 2: but what gives you optimism at this moment we're in
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  Speaker 2: right now.
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  Speaker 4: I was talking to my mom about this thing before
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  Speaker 4: we came on, and she was like, we've been through
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  Speaker 4: so much worse, Like, if you think of all the
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  Speaker 4: things that we've been through for the last two to
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  Speaker 4: three hundred years, AI is the least of our concerns
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  Speaker 4: and how creative we are. And I think for the
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  Speaker 4: first time in history, corporations are realizing they need our creativity,
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  Speaker 4: even though there's some forces that may be fighting against it.
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  Speaker 4: I looked at Nike, for example, you lost Jalen Brown,
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  Speaker 4: you lost Kyrie, you lost Kanye, you lost don Ce,
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  Speaker 4: then you lost the company. The stock was devastated right now,
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  Speaker 4: So there's a certain genes quad, a certain spark that
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  Speaker 4: we have even just in the wave of investing being
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  Speaker 4: popular amongst our community. Since starting the show, I've had
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  Speaker 4: conversation with black Rock and Vanguard. Now like you guys
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  Speaker 4: have changed the landscape of what it looks like to
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  Speaker 4: invest in to be black, and there's a bunch of
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  Speaker 4: other industries. I think we're going to have the same
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  Speaker 4: effect in so just having that spark. And then if
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  Speaker 4: you have a belief in God, how are you upset
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  Speaker 4: over machines when they told you an I robot matrix
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  Speaker 4: and determinated this was coming? Like, your faith has to
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  Speaker 4: outweigh your fear. And I hate to see Christians be
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  Speaker 4: balged down by fear if you truly believe, because I'm like,
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  Speaker 4: you're not truly a believer if you think that's the case.
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  Speaker 4: And the other part is they've overspent on AI. Just hypothetically,
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  Speaker 4: if you're spending two trillion dollars on AI, how are
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  Speaker 4: you going to get a nine trillion dollar return?
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  Speaker 3: Great, the math is not mathematon right at all. You
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  Speaker 3: can put up all the data centers you want to.
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  Speaker 4: And now we're seeing some companies start to say, maybe
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  Speaker 4: we need to ease up on our token budget for
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  Speaker 4: the year. So I think it is correct and we'll
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  Speaker 4: get back to we'll revert to the mean. But if
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  Speaker 4: you believe in God and believe in your skills, setting
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  Speaker 4: your work ethic.
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  Speaker 1: You don't have anything to hear, all right.
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  Speaker 2: And last question, five years from now, what do you
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  Speaker 2: think people will realize they misunderstood about AI?
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  Speaker 3: I think they misunderstood. That's a great question.
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  Speaker 4: How long it's going to take to reshape what the
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  Speaker 4: workforce looks like because you can't lay off if you
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  Speaker 4: lay off thirty thousand people. Do you think Claude and
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  Speaker 4: Open AI has the resource and capacity to do the
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  Speaker 4: work of thirty thousand people. No, I don't not at
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  Speaker 4: this time. Number two, I think people will have missed
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  Speaker 4: the opportunity to get in on the ground floor, to
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  Speaker 4: learn these technologies and not be left behind. Like we
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  Speaker 4: have the talent the tenth. I think we're going to
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  Speaker 4: have the technological tenth in our community for those who
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  Speaker 4: adapt it really quickly and learn how to do these
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  Speaker 4: things and deploy those assets to other companies. Number three,
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  Speaker 4: the fear was of a hype. Number four, the spending
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  Speaker 4: was overhyped. Will they be a lot of great companies
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  Speaker 4: that emerge from this.
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  Speaker 3: Yes.
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  Speaker 4: At the same time, that's GDP is the highest that
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  Speaker 4: it's ever been, and the valuation of the stock market
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  Speaker 4: is the highest that it's ever been. Some of these
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  Speaker 4: companies are going to fall apart. And also going back
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  Speaker 4: to Elin, If SpaceX is so valuable and four hundred
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  Speaker 4: hundred millionaires are made, why do you have to change
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  Speaker 4: the rules to make four to one case.
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  Speaker 3: Pick it up? If it's that valuable.
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  Speaker 4: So the math to me is the math because for me,
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  Speaker 4: if I'm going to go public, I would need to
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  Speaker 4: tell them to put it in the four one case.
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  Speaker 4: I would just let the retail investors pick it up.
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  Speaker 4: So that tells me there are some weakness in the
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  Speaker 4: market that is not being revealed yet. And I think
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  Speaker 4: in twenty twenty seven some things start to unravel and
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  Speaker 4: the truth will be there.
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  Speaker 3: But I don't think you have anything to fear. Use it.
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  Speaker 4: Have deep belief in God, have deep belief in your
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  Speaker 4: craft and working in your crafts every day and you'll
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  Speaker 4: be okay.
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  Speaker 2: That's Part three. In the close of our AI in
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  Speaker 2: Your Paycheck series with Ian Dunlap, three episodes, one message,
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  Speaker 2: AI is not waiting for you. The next wealth gap
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  Speaker 2: may not be about who has money. It may be
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  Speaker 2: about who knows how to use AI. If this series
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  Speaker 2: helped you, share it with someone who needs to hear it.
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  Speaker 1: That's your front page. I'm Meani Brown.
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  Speaker 2: This podcast was brought to you by The Black Effect
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  Speaker 2: Podcast Network