In this episode, James Connor dives into the world of artificial intelligence with AI expert Sol Rashidi, author of "The AI Survival Guide."
Sol demystifies the rapid advancements in AI, explores the impact on jobs and productivity, and shares how AI is reshaping industries like investing, mining, and tech. With startling insights into how investors should prepare, she answers the burning question: Is AI a bubble or is it real? Learn why every investor needs to understand AI's transformative potential and how it can either create massive wealth or disrupt the job market.
Key Takeaways:
*How AI will transform wealth management and financial advising
*Why the resource exploration industry is ripe for AI disruption
*The surprising truth about job losses and productivity gains
*Strategies to harness AI for personal and business productivity
Timestamps:
00:00 - Introduction
02:49 - Is AI Real or Just Hype?
05:59 - The Basics of Artificial Intelligence
09:14 - IBM Watson vs. OpenAI ChatGPT
13:07 - How AI is Transforming Financial Services
17:05 - Will AI Replace Financial Advisors?
21:19 - How AI Will Revolutionize the Mining & Resource Industry
27:32 - Productivity Gains & Job Losses Due to AI
30:23 - Will AI Be a Bubble or a Real Transformation?
35:22 - Best AI Tools for Personal Productivity
42:30 - Comparing Leading AI Platforms (OpenAI, Microsoft, Google, Meta)
44:22 - Conclusion
---------------------
At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.
We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.
There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.
SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: www.wealthion.com/
Subscribe to our KZread channel / @wealthion
Follow us on Twitter / wealthion
Follow us on Facebook / wealthion-109680281218040
____________________________________
IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as official investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.
We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.
The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.