Today, Jason finishes up his talk with Neal Bawa as they touch on the potential impact of generative AI technology. Generative AI, such as Chat GPT, is considered a groundbreaking innovation and is expected to both disrupt and enhance various aspects of society. It can accelerate progress, solve complex problems, and potentially eliminate some jobs while creating new opportunities. This technology is compared to the significance of the internet, smartphones, and personal computers combined. While it may disrupt job markets, it also holds the promise of unprecedented prosperity and transformative advancements across various fields, from healthcare to climate change mitigation and chip design.

#AI #Technology #Prosperity #JobMarket #Disruption"

Key Takeaways:

1:52 Math on missed opportunities

3:34 The inflection point of Ai

8:32 A new economic prosperity as Ai creates complexity

12:20 Technology: Imagine a need and fill it

19:45 Software, robotics and infrastructure costs

24:51 The problem is energy

26:50 "Money creation happens when there is some kind of distress"

Mentioned:

Paul Zane Pilzer, "Unlimited Wealth- The Theory & Practice of Economic Alchemy"

Tony Seba, CEO of RethinkX, https://www.rethinkx.com/

Neal Bawa https://multifamilyu.com/

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