Hey there, folks! It’s your friendly Financial Freedom Guy, and today, I’ve got something exciting to talk about. We’re diving headfirst into the world of Artificial Intelligence (AI) and what it means for your financial future. It’s a game-changer you won’t want to ignore!
The IQ of AI vs. Einstein
First off, let’s address the elephant in the room: AI’s intelligence. By some estimates, AI boasts an IQ of 160 across all fields of expertise. To put that in perspective, even the brilliant Albert Einstein had an IQ of around 150, but only in a few fields, like physics. Now, imagine what AI could achieve when it reaches the “kindergarten development level”!
The Emergence of Personal AI
Picture this: AI personalities popping up left and right, like your favorite superheroes! It won’t be just one unified system; it’ll be a whole AI universe. Each one of us will have our very own personal AI, ready to handle tasks and protect us from the cybersecurity risks lurking out there from other AI. Social media, software applications, companies, communities, and even countries will have their private and public AI. And, of course, there will be public AI, like our good old friend, CHAT GPT, all interacting in this AI-powered ecosystem. Each AI with some version of its own personality.
The Future of Work: A Major Shift
Now, here’s where things get real. Brace yourselves because AI is about to redefine the workforce landscape. Just like robots in factories and warehouses eliminated many jobs forever, AI is set to eliminate a whopping 70-80% of tasks that people currently do on their computers. That includes professionals like lawyers, architects, accountants, scientists, and engineers!
If you work through a keyboard, AI will eliminate most of what you do.
But, hey, don’t despair just yet. We might argue about the “when” because people have a knack for slowing technology integration down. As of now, humans still play a significant role in work outcomes including processes. However, that’s changing. AI is becoming more self-sufficient, selectively reducing human involvement.
The tipping point? When AI machines start collaborating with each other, leaving humans in the dust. At this moment, approaches will accelerate beyond human comprehension.
The 10-20% Who Thrive
Now, here’s where you come in. In this new AI-powered world, there will be a select group of individuals – the 10-20% – who’ll thrive. These folks will possess those coveted last-mile skills, exceptional at delivering outcomes, and be masters of human-to-human communication. Their effectiveness will skyrocket, like nothing we’ve seen before.
The Scenario for the Remaining 80%
Now, let’s talk about the big question: What happens to the remaining 80% of us? Well, my business partner, John, and I have some ideas. We’re talking about the “rise of hobby life.” Think about it – with AI handling most of the work, people will have more time for personal passions and pursuits. It’s a chance to rediscover what truly makes us tick, to find social involvement and purpose beyond the 9-to-5 grind.
The AI Super Brain and Robotics Integration
Already Boston Dynamics has robots able to work in complicated environments from construction to the office. These robots are already stronger than us, more agile, and don’t have human needs like sleep or human complications. The AI super brain will increasingly introduce robots that are already in the field. In your work setting, it’s easy to imagine a group of skilled workers where three of the five members are robots. If you don’t believe me, Google Boston Dynamics.
Financial Freedom in the AI World
So, there you have it, folks – the future is AI (then integrated with robots), and it’s coming fast. But remember, with the right mindset and a dash of creativity, you can ride the wave of change to financial freedom. What does your business look like three years from now?
What Are You Doing to Lead the Way?
I have ideas about how you can lead the way, including the 90-day sprint “Curiosity Teams.” What are you doing to lead the way? I would love to hear from you. All it takes is a 25-minute discovery call with me.