With all this scary news making the headlines, is this really a good time to buy stocks? I know everyone says the market is ripe enough for buying but will stocks tank further this year? How long until a full stock recovery? How are other people in this market raking in over $250k gains within months, I'm really just confused at this point.

@KingDavid-jj7tk

Жыл бұрын

Right, I've been in constant touch with a fiinancial-analyst since covid . You know these days it's really easy to buy into trending stock`s, but the task is determining when to buy or sell . My advisor decides entry and exit commands on my portfolio, I've accrued over $600k from an initially stagnant reserve of $150K.

@FrancoiseReyes

Жыл бұрын

Please who is your FA and how can i reach out?

@KingDavid-jj7tk

Жыл бұрын

My advisor is ’Della Morley Prather’’. In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience

@stevensmiddlemass2072

Жыл бұрын

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before sending her a mail. She seems proficient considering her résumé.

It's an excellent learning tool, especially if you approach it as a "trust but verify" mentality due to its current limitations. I've been a software engineer for years recently hitting languages like nodejs before the pandemic but after lots of ChatGPT Plus and testing, its had me learn things faster and more advanced languages for this upcoming era of ML & Deep Learning.

@justfacts404

Жыл бұрын

I just graduated from computer enginiering and I love this field of AI, what is your advice on getting into this?

@shotelco

Жыл бұрын

@@justfacts404 As a long time veteran of IT, If you have a understanding of the "logic" of software, then its best for you to dive in on your own. Most of the techs and DevOps people we hire DO NOT have a college degree. This is because whatever you learned in University is stale the moment you learned it. BUT, the logic of "How" you learned it is most important. AI platforms are the new beginning. There is no person on earth that can teach you about this better than you can teach yourself now. Create AI based example solutions from all parts of AI (There are Many! and you MUST be able to rattle off all of the AI underlying disciplines, and how they can - and can not - work together) , this will be your resume. Demonstrate that you understand the base logic, as the only constant will be change. Employers' want to see your understanding, we don't care about your degree.

@danb308

Жыл бұрын

@@justfacts404 Do some beginner projects on Tensorflow 👍

@joaorosa5656

Жыл бұрын

​@@justfacts404 AI is a huge field, I'd recommend reading a good fundamentals and general good book for starters like "artificial Intelligence: a modern approach" 4th edition. Then, I suggest you choose some sub field and try to build/ do something practical with it for your resume

@sbenkimmie9579

Жыл бұрын

problem will arise when most people think similarly shallow internet approved thoughts and attach their emotions and identities with those thoughts. we can clearly see that happening today when as a civilization we wanted more programmers so spent shit ton of money on them but basically got bunch of code monkeys.

I think Ray makes a really good point here, it's not going to be so much about what we can do but instead knowing what people want and in really detailed way. It's like, you might think you know what you want, but what do you really actually want and what does every little step in your day look like? AI may end up creating the end of intellectual trades such as coding, editing text or videos, technical support and drafting legal documents. Instead, creatively building a product that customers want will be extremely valuable or knowing an engineering problem and knowing the right tools to fix it.

@colmxbyrne

Жыл бұрын

Elevate thinking, yes. All of the best thinking and 'how to' intellectual tasks can ,in part of entirely, be undertaken by almost anyone. Whether you see this as machine replacing parts of man or man evolving as fast as possible with the aid of technology doesn't matter as much as the fact that it's here and therefore our world has changed forever.

@donnieamz2938

Жыл бұрын

but AIs can be creative too, they are not designed just to repeat repetitive tasks. they are designed to "mimic" your thought using trained datasets, but they can create something new based on it

If more and more people will rely on AI like ChatGPT to get their information (and replace their own thinking) then those people who train the AI (and decide what is right and wrong) will get incredible power over the (thinking of the) masses.

@FesteringRatSub

Жыл бұрын

That's why we need to invest in SingularityNET as it is an Open AI market place, catering for Decentralization rather than allowing a minority to control how we think.

@BeSwee

Жыл бұрын

We already rely on Google searches for our information. How often do you go to the 2nd or 3rd page mind you the 10th page to determine which information is right or wrong? The information we have today is already an echo chamber of those we believe are the most reliable not who are actually reliable.

@Dfd_Free_Speech

Жыл бұрын

​@@BeSwee That's true. The problem with AI like ChatGPT is that it takes this problem to an even higher level.

@anhaicapitomaking8102

Жыл бұрын

I work in libraries. Google was the axe to people's intelligence. This is just the vultures finishing off the wee bits remaining.

@georgeodhiambo3306

Жыл бұрын

New world Order shit

I agree with this 100% except and importantly, we're going to increasingly need sense-making and discernment skills.... especially with existential questions. I.e., you can't ask Google (or ChatGPT) what to do with your life ... but you can ask it more information about the paths you may actually walk on. But you've got to do the walking :) Thanks, Ray.

@thomaslisankie342

Жыл бұрын

Completely agree. He did sort of touch on this in the video but it’s so important to hammer home. If you use the technology as your master instead of just a lever, it’s harmful at the end of the day. Critical thinking and sense-making are so incredibly important.

@jonahklarkin

Жыл бұрын

100 percent. We need sensemaking and meaning more than chat gpt

@punishanpika

Жыл бұрын

Maybe with monogrammar

People have originally been living and thinking as they've always had aligned with the custom and the standard of their communities they belong to. So it's not about whether you're independent with your thought but about how broad your perspective get and can be integrated with each of your life steps. Thanks Ray for clarifying my thought again.

@finnabinnaconna9836

Жыл бұрын

Still don’t see why we need to destroy humanity to do this. How will a 3rd or 2nd world nation ever compete? This is more of a tool to enslave masses of people with group think and predetermined outcomes. Run 🏃‍♂️

You are absolutely right! After adding a chrome extension called "ultimate toolbar GPT" I have not spent a single second prompting! It took chatGPT to the next level. And as you say I think many more will come!

I agree overall it’s a good thing. Before chatGPT, this was still true - that we all have access to an unimaginable and abundance of knowledge and can with little work find what we need. Now it’s so much easier and will continue to be second nature. The thing we must be careful about is not let it do all of the thinking and creativity - which will be a finer line to walk as we’re all expecting continued exponential growth with what we see today.

Does anyone think we have higher levels of thinking today? 😂

@bjenkin100

Жыл бұрын

exactly, maybe just a few people. but the human brain, speaking factually, has been shrinking for a few thousand years now. And i dont see this as a "good thing" - although i suppose with such large things you have to just say "it is what it is" to some extent. I have a strong feeling that this shrinking of the brain is right now accelerating significantly. this doesnt even include other aspects of reduced capability or performance. what about the shortening attention spans, the apparent loss of coping skills- not by everyone but by a dangerous number of young people. and what about tendency to think fast about a number of things, across numerous different ideas... but while at the same time thinking shallow, losing the skill of thinking deeply with great focus for a reasonably long period of time? what kind of insights or mental development occurs with no deep thought? what does it mean for society- for relationships - for problem solving?

@DendrocnideMoroides

Жыл бұрын

@@bjenkin100 you are right although, with advancements in genetic engineering, the future generations could be a lot smarter than us. I wish I was born after advancements in genetic engineering

@jptre

Жыл бұрын

@@bjenkin100 real

@WH2012

Жыл бұрын

@@bjenkin100 🎯

@AIwithOliver

Жыл бұрын

lmao

i can see the excitement of yours. that's really inspiring

I've already been using chat gdp as a tutor and I am stunned at how it responds to my questions about my questions or it's answers like it actually understands.

@nccamsc

Жыл бұрын

It repeats back a lot of what you have typed and adds more to it. That was my experience.

@hatersgotohell627

Жыл бұрын

@@nccamsc It wasn't my experience ... I literally asked it questions and then when it gave it's answer I asked questions to explain its answer where it broke it down more. It's quite impressive and almost like I'm talking to an intelligent being.

@hatersgotohell627

Жыл бұрын

@BOB K I hope that's the case. This whole idea that a machine can learn on its own without being programmed for each thing beforehand is insane. We always use to think our intelligence is what made us in the image of God but now we see with enough tech it can be outsourced to a machine. All my education I spent years acquiring now feels so cheap 😭

Damn, I have the same mic! I use that one for when I’m traveling! Cheers Ray! Always love hearing your perspective

Careful!! ChatGPT gets it wrong with confidence. Try asking something you know pretty well and will see it gets a lot of things wrong.

@abdulwaris596

Жыл бұрын

Sure, its algorithm is biased. I searched a lot of things. And I found out how wrong it was some time in a subtle way.

@dikemorello7945

Жыл бұрын

Yes, some times it says wrong things so well that you could think they are right

@Discipleofthelordandjesus

Жыл бұрын

I noticed that too

@thomaspark9062

Жыл бұрын

you can't replace experience.... it's horrible at judgement calls based on experience

I think it is a good tool for capturing the established wisdom and rapidly querying it. It is an incredible tool but I have used it more to explain concepts as I try to come up with a plan.

Knowledgeable person. Priceless

MR. RAY can you describe what it was like for you to deal with your doubters and how you handled it in your early days always having in mind only you knew how big you really needed to get

ONLY TRUE IF THEIR INPUTS ARE TRUE AND NOT SKEWED... OTHERWISE YOU BECOME A VICTIM OF PROGRAMMING.

@tobias9859

Жыл бұрын

Which is of course the point of the whole idea.

@Discipleofthelordandjesus

Жыл бұрын

It’s all skewed to program . Anything Elon has I stay far away from.

@BulentBasaran

Жыл бұрын

Skewed from truth and reality.. Almost always. But, what is reality? What is truth?

@Commievn

Жыл бұрын

Chat GPT is coded to have left-leaning or biased toward progressives. And it is a good thing.

@nzam3593

Жыл бұрын

Show me if not true.... I just want know.🙂...

Never be discouraged, machine may has knowledge, we have vision

@utkarshpathak8268

Жыл бұрын

for now

@christophilous4831

Жыл бұрын

well said

@feff232

Жыл бұрын

@@utkarshpathak8268 What do you mean?

@feff232

Жыл бұрын

exactly

@on-the-rocks

Жыл бұрын

actually, machine has vision now too, GPT 4 can see now; welcome to the future old man!

Best explanation of AI I’ve seen so far

Thanks for your video

Great stuff!!

Amazing! Mind Blowing!

@raydailo

Жыл бұрын

writemail I have something lucrative to share with you

@raydailo

Жыл бұрын

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@raydailo

Жыл бұрын

gmaiL

I'm not sure if there is such a thing as "best principles" or "right principles" or defined, ultimate, final principles. I think that stuff develops and evolves over time within humanity.

Good morning Ray .. sometimes you need to be careful about who's principles you listen to and follow. This will be a lot of power in the hands of a few .

@georgeodhiambo3306

Жыл бұрын

One ring to rule them all.....i wonder where i heard this?

Exactly!! I'm excited for it. I love learning, I have many interests and sometimes I worry I can't keep up with them because I gotta memorize things. I'm studying say trigonometry and I gotta memorize a whole sheet of equations? I said f that and instead spent days studying the concepts and how to use them only, and when I practice I use my now-strong foundations to solve, but when the time comes to remember some formula I need to use? Well I just look it up! But now, I just ask the AI for that formula I need, even faster! At some point once I feel I practiced a lot and can pass all scenarios of a problem, I can just export the whole solving part to the AI and focus on the problems themselves, just tell the AI what I need and how I needed it to be solved. It's amazing! It's literally the scientist's personal assistant dream!! I hope it keeps improving and becomes more trustworthy regarding math and logic, until then I gotta check its work twice just in case haha. One other thing I didn't expect: the Bing search AI suggested to me how to pursue astrophysics and AI as fields of study by telling me that there's a lot of overlap between them, I didn't prompt it to do so it just happened during the conversation about those fields, I then asked it what overlaps and what doesn't and it essentially did the research that took me some time in the past to do, in 5 seconds. And it was better than mine too, because I was distracted by a million things since I was still considering my interests. The AI doesn't get distracted or bored like a human, it gives you summaries for an initial research that you might not have time or interest to do ye. It really gives me motivation to look up things further rather than tell myself "I'll do it later when I have time", why wait for later? Just ask the AI and now you have grounds to start pursuing the information further. And it's only going to get better. This is immensely useful AND fascinating! I have dreamt of something like this for years... The future is here!

Very good

Ray what are your thoughts on a single source of data access vs the Google model of several responses which allow for you to apply discretion. Are you at all concerned about a Big Brother model of data control which creates answers that conform to political ideology?

@ander.sanjuan

Жыл бұрын

This is an interesting point!

You are one of the best person in the world 💪🏽💪🏽🇮🇹

"NAMASTHE Ray.."🔥🔥🔥

Agree, by combining AI and our critical mind we can thrive

Man you are one of my ideals

👏👏👏👏👏

So tell us which direction we should go now to do good by this 😅

Until you find out how wrong ChatGPT is a lot of times

@Q_QQ_Q

Жыл бұрын

@@Netr0m11 it already is .

@BeSwee

Жыл бұрын

Until you find out that ChatGPT uses the information on the internet provided by people like me and you. Shows you how wrong everyone on the internet is more often than not.

@prudhviraj97

Жыл бұрын

Okay now you create a new one and show the world. Bro not everyone will be a perfect at the fast its only the beginning just wait and watch how AI Evolves in few years

@BeSwee

Жыл бұрын

@@prudhviraj97 That is blasphemy! All software works as soon as it is shipped.

@Discipleofthelordandjesus

Жыл бұрын

Absolutely

❤️❤️

God i wish i had Rays amount of money! There must be so much comfort in knowing your worth billions of dollars. Also chatgpt is going to change the entire landscape of the world with information we never even thought possible of having, insights we never knew about.

Thanks

This is very optimistic, what would you do if you had a machine that would give any answer you looked for?

Excellently put, Sir.

my guy took a hit of that good stuff lol

I think it’s amazing and can effectively, may not, but may have, the potential to augment human critical thinking and reasoning.

The “device” is just a tool, like a book. In the end, we will be doing what we have always done: learning from the community’s gathered experience; but in the ultimate way.

Greetings Ray, Can you do one on CRISPR-gene editing technology? Chat gpt and deflation? Would gene editing ultimately create biological inequality in the same way that cognitive difference correlated to protein intake among countries.

It’s going to change the dimensions of the world that we’re in.

I love this

@raydailo

Жыл бұрын

writemail I have something lucrative to share with you

@raydailo

Жыл бұрын

raydailobox[at]

Yessss!! So much yes!

@raydailo

Жыл бұрын

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@raydailo

Жыл бұрын

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@raydailo

Жыл бұрын

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Thanks for your thoughts, Mr. Dalio. Are you worried about the possible risks of delegating our thinking to computers? What if people become so dependent on ChatGPT that their ability to think atrophies, like our ability to calculate recceeds when we depend on calculators? Wouldn't an unthinking population be vulnerable to demagogues and con men?

this is a great take

@raydailo

Жыл бұрын

writemail i have something lucrative to share with you

@raydailo

Жыл бұрын

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@raydailo

Жыл бұрын

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🙏🏻

chatGPT is essentially an offline model which can generalise to many needs and wants. At some point these kind of models will do most things in a personalized sense: videos, music, artificial socializing, advice, medical diagnosis etc all on a device that sits in you pocket in maybe ten years or so, hence making a lot of the internet redundant potentially. Smart phones will literally become pocket gods people worship....

Good points. Math class will be reduced, and history class will be increased to discuss how we used to teach math in school.

@hatersgotohell627

Жыл бұрын

No mathematical thinking is always necessary for any science engineering economics computer science etc.

@donnieamz2938

Жыл бұрын

most history classes are propaganda written by "winners", they never taught you on how evil the european countries were with their mass exploitation of colonization

As with every other tool, some will use it to reach higher and higher while most will use it to fall lower and lower.

Hello sir I am from India I am your 1 follower .Ray sir what will be the future of trader and investor should they know AI,Data science for finance industry

This was the same argument being lifted in the Enlightenment. The reaction? Romanticism. Intelligence and thinking is only one aspect of being human, there are many other factors being overlooked.

As I discuss in my most recent video, ChatGPT represents a sharing of the human project of intelligence. It's a hybrid type of thinking.

Love this Ray so true!!

This is very accurate

@raydailo

Жыл бұрын

writemail I have something lucrative to share with you

Very true. Calculation is part of math, but not the essence of it. That’s not what human brain is best at. AI can undertake many boring work and human can undertake what only human can do (at least for the foreseeable future). It frees human mind.

100% true, I am blown away by gpt, I think most people does not understand the impact that technology will have on society in next decade..

@petarpejic1468

Жыл бұрын

Honestly I think that nobody understands what the impact will be and im skeptical and concerned about those that think they do.

Agreed. if anyone is having trouble understanding or accepting what he is saying, first of all its just his take so thats fine, but think about this- A lot of things that many ppl consider commonplace today are made possible by a lot of smaller basic "components", think of the wheel, the lightbulb, etc. all of which were at the time of their conception, bewildering and seemingly impossible, flipping the world on its head making them scrambling to adapt to the godsent revolutionary discovery that is the wheel (a circle + a rock with a hole in it btw) or lightbulb. But today give someone wittingly young OR old and teeming with wisdom- a wheel or a lightbulb, and they dont know what to do with this overly simplistic thing "on its own." "if i see so far over the horizon, it is becaue I stand on the shoulders of giants who have come before me." dont be afraid. look ahead the sight that only you can see, today, before it changes. and lift up future generations to see further

♥️

I think the unsaid point is also important. If we're no longer dependent on physical work it is important that physical work is being intentionally worked into our lives to ensure there is not a capacity decline as total society, at least on the white collar side of things.

@saz-646

Жыл бұрын

That’s an excellent point

❤️❤️❤️❤️❤️

@12ALLSPORT

Жыл бұрын

@Principles_by_RayDalio i am already rich...

You're right about it being the tip of the iceberg... not only will you be able find the best thinking, but you'll be able to communicate with the best thinkers on demand... real or virtual. Even Ray Dalio.

@warrenb2856

Жыл бұрын

I depends on who programs the thinking. If it is a multi-billion dollar corporation or a government building the AI you might want to think twice. Interesting times coming. ;)

Wisdom and discernment are still very necessary. And the machines are not infallible. They can make mistakes, as well as lead users to make mistakes. So let's be more gradual about this.

Anyone know what watch he’s wearing?

Some people will use this to elevate their thinking...but most will use it to replace thinking completely.

Does it means , " whose query is the best ". Correct me if I am wrong.

Yep!..😊

In the end, you will not have to think, either.

That would make people feel happiness, sense of purpose and complete?

Ray is aware x)

Absolutely W take

Increasingly we become the items of the material world, what we really want to achieve by acquiring ever expanding knowledge and endless tools, and technologies? To change the world? The world is beautiful if we can just stay and live with it. To change us? Should we change from inside rather? From our thinking? Thoughts of our own?

Does elevating us make us happier? Seems like an inverse relationship.

@somewhereinsthlm2153

Жыл бұрын

Everyones source of happiness is unique. Elevating us at least increases everyone's life quality and living standard.

@novelaego2404

Жыл бұрын

@ somewherein sthlm doubt it

It depends on the transparency of the AI purveyors chat context window token limits. To discover a whimsical sudden cap on your build by an (open)ai purveyor in the weeds doesn't allow for anything but slavery to making assembly line products with no real central, regulated, monitored platform to make code based vs. language prompt based, rinky-dink AI models that hope to build one useful community-sponsored model. AI hype is relegated to safe advances in visual and audio apps mainly.

If you are reading this. Just Project a positive view for the future. He is speaking in 4th Dimensional. Like Star Trek. You still need a basic understanding. Money should be free. And we should be allowed to Travel the world and see everything you wish and dream of. You are the Hero, you are the best and give it a little bit each day. Be thankful for everything and know more like that is on the way. Thank you for love, life, and you are amazing. Amazon because soon that money you been waiting for is coming. Pay it no mind and how it comes. It know it is coming. And when anything comes. Give it gratitude and know this is a taste of more to come. Okay thank you and love you all. Follow.

One thing I will point out is that the powerful that control these proprietary AIs will make sure you can never use them to figure out how to overthrow them. That's something to watch and worry about.

It’s as valid as any other form of education and academic source. You’ll get all the good and bad stuff from it, including HOW to think

Seems to be describing that all of humanity is going to follow the thinking of a singular awareness. Will it be the eventual end of independent thought?

So will human achievement thrive quicker or will it be a crash course?

What if your internet connection drops or the cloud provider has an outage? Becoming too dependent on technology is risky. If you don't use it, you'll lose it - whether it's muscle or brain power.

yes right now theres a robot in the future looking at this and chuckling...

The technology order is changing, the history is repeating

Agreed

I'd love to watch Ray Dalio debate Tim Dillon

People think that technology is deflationary, but it also allows the common people to organize around ideas powerfully in the same way the the printing press led to the French Revolution.

Climbing the maslow pyramid.

My principle says to use a curtain instead of absorbing UV rays

I already have enormous respect for Ray after reading one of his books, Principles. However, hearing him talk about some of these new technologies like blockchain, AI, etc.. and seeing how receptive and open he is to these emerging techs makes me gain even more respect for him. Quite an open-minded leader and extremely adaptive to the changing world, unlike Warren Buffet and a few who I also admire (still do)... but they could be quite rigid in their views when it comes to new techs.

@rzmonk76

Жыл бұрын

I was impressed with his audiobook. Great introductions. Was disappointed when he handed off narration to someone else mid book.

@Golfina19

Жыл бұрын

@@rzmonk76 Oh yeah... I love Ray's narration much better... I was also a bit disappointed though the guy was not horrible or anything.. just wasn't as good.

@danieldanielson2650

Жыл бұрын

Come on! Buffet is literally almost 100 and just says that he won't invest (billions) in things he doesn't understand. That's a whole other thing than to think about new tech what ray does here.

@ShellyPenny

Жыл бұрын

Warren Buffett and Charlie Munger acknowledge potential of new techs like blockchain, AI, Electric Vehicles, they just stay away from piling billions into it, because new technologies/startups are almost always overhyped/overpriced and risky(bubbles) when it comes down to investment. They are also not experts in the field of technology. I would not call them closed-minded for that.

@MaxxVelocity

Жыл бұрын

You're too young to understand this, but this guy is even more clueless than you are. Please, go read a book!

Ray, imagine OpenAI, Boston Dynamic, Microsoft and Apple joined together to "Develop" Transformer Optimus prototype. Sci-fi movies and animes stories are becoming reality. All those Unreal become Real. It's the underlying principle of mega movie MATRIX, " What's REAL? "

It sounds optimistic but it will make us depend on our cell phone more than ever, because every decision we make we will not be able to resist asking the app about its opinion and we slowly will stop think for ourselves. Also it will not be an advantage for those who use it because everyone will use it. Imagine you go to a date and the app tells you what it thinks about the girl you are dating and what you need to tell her and she at the same time use the same app.

sounds like a dystopian nightmare

What if one day AI is able to replace human being in every possible way? Is that considered good in the evolution process?

Presently, ChatGPT does not have access to all the original sources needed to derive an informed opinion. For ex. It does appear to me to have access to scientific litterature. The day it is able to formulate the cascade of questions to define what it must know and have access to scientific litterature in order to build on the first set of answers...to ask the next questions... is when he starts thinking (like a scentist). Until then it is more like a big encyclopecia. It is also includes a lot of preconceived ideas...a bit suspect. Not dangerous if the user is aware of the limitations.

YES

@raydailo

Жыл бұрын

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@raydailo

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@raydailo

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Hype

Thanks master.

if we live in an era of information overload, then ChatGPT has the potential to distill excess information into what is useful. Thanks for sharing your thoughts, Mr. Dalio.

I would not classify the last number of years of information technology as a net positive and I think this will be even worse.

@MrAngelIsland

Жыл бұрын

Just strap in for the ride I guess...

@georgeodhiambo3306

Жыл бұрын

When you know whats up