I’ve stated this before, but today I’m going into more detail about what I’m doing about this.
It is the contention and prediction of many people I trust that because of AI, it is possible that in 5-10 years, you won’t be able to earn any more money than what you will have at that time.
This is because by that time, AI might be able to do literally everything you can do and do it better than you.
So why would anyone pay you to do something AI could do better?
The only possible exceptions to this might be people with personal brands (like me) and people engaged in manual physical labor, like if you’re an electrician or roofer.
However, eventually robots will replace those jobs as well (though that will take 20-30 years instead of 5-10 because of manufacturing limitations; AI and robots are two different conversations but that’s a topic for another time).
I have a personal brand that is growing, but I don’t sell my manual labor, nor want to. You probably don’t either.
I say words like probably and might because this is not a 100% prediction I’m making. This may not happen. But it’s quite probable in that it has a roughly 40-70% chance of happening.
If you want more details about this, read my book Freedom Fortress.
You can do whatever you want with your life, but this is what I’m doing.
I view this AI 5-10 year deadline the same way I view the collapse of the USA occuring in my lifetime: it’s very likely to happen, something I must protect myself and my family from if it happens, and even if it doesn’t happen, everything I do to protect myself will still greatly benefit me, therefore it’s worth doing regardless of what happens.
So I view this as a race. I have 5-10 years to make all of the money I want before I can’t make any more.
This means that I need to really bust my ass and scale my companies as fast as humanly possible. I have been doing exactly this for the past 3-4 years or so and will continue to do so for the next few months at least.
Some of my business buddies who make similar incomes as I do are doing this as well. We’re all now in a race to make millions of dollars as fast as humanly possible before AI replaces what we do.
Even after I (hopefully) transition into my next phase of life next year, when my income will no longer be my primary focus, I will still earn money through my efforts and my investments. This 5-10 year deadline will still be in my area of focus.
Since I have no idea if this will be five years, seven years, ten years, or 20 years or more, I have to assume a worst-case scenario, meaning five years. This is why, as one example, I moved out of the Collapsing USA in 2021 instead of waiting around for things to get really horrible before I left (which is what many of you are doing).
This means that by around 2030 (maybe) you and I won’t be able to earn any more money. Whatever money we have by then is all we’ll have for the rest of our lives.
Yikes.
After that, the economic system will change, and either you’ll be a slave to the UBI (universal basic income) of the AI Communist Utopia, or you’ll have millions of dollars to retire on in style.
And to repeat, it’s your life. You can just sit back, say that all this AI stuff is bullshit, AI will never get any better than it is today (people in my audience actually say this), and none of this will ever happen. Then just sit back and do nothing.
That’s fine, but it also sounds extremely foolish to me and that’s not how I do things. I want to be happy long-term no matter what happens. Long-term happiness is what I’m all about.
I don’t want to be happy in my future only if X, Y, and Z occur. That sounds dumb, at least to me. I want to be happy no matter what.
And as I mentioned above, if you bust your ass for the next 5-10 years and make several million dollars, and this AI replacement/takeover doesn’t happen, then congratulations, you’re a millionaire, and now you’re set for life anyway.
So there’s upside no matter what.
Therefore, at least in my view, the only reason to not do this is laziness.
“But I don’t want to work hard to make a bunch of money over the next 5-10 years.”
Okay, then don’t.
But this sounds a lot like people who spend their lives saying things like, “I don’t want to sell out to the corporate system,” and “I just want to be and live in the now, man,” and “There’s more to life than money,” and they take it easy throughout their working years.
Then, when they hit their 50s or 60s, they’re completely fucked. They have no money, they’re old, they can’t retire, and they’re eeking out a horrible living relying on scraps from government social security checks and begging their grown kids for money. (And do you really think Gen Z is going to have a lot of money in a few decades? Heh.)
It’s horrible and I’ve seen this a lot.
Hundreds of millions of people are going to make this mistake over the next 5-15 years, either through ignorance and laziness.
It’s going to be a bloodbath. People aren’t ready for what is (likely) coming.
But I will be.
And I hope you will too.
But most of you won’t.
What if instead no one would be able to make more money, no one will be able to make any more money, no one will be able to make any more money the same way because we have new electricity.
Perhaps, we could see this in a new light: everyone will be a business owner and the best skill to learn will be property valuation growth.
Everyone will have to think like a business owner and only a certain type of people will be employees (i.e. "Ray Kurzweil at Google").
Employees may be end up becoming a royal class when everyone else is entrepreneurial. Could the mass employee class disappear? Most likely.
I will continue to do more research but it sounds like you have always played 2D platformer and you cannot fathom 3D platformers.
I will always be responsive to proveable data but this sounds like, "Internet will destroy brick-and-mortor" (and it did) but it also reinvented the business model, too.
Walmart pivoted.
AI will undoubtedly revolutionize captialism. Everyone will have a business (akin to how most people work in the gig economy). This is possible when everyone will have operations that are akin to the same functionality as a Fortune 100 company today. However, there will be poverty.
No, we will not have a socialist utopia/dystopia (because food needs to be made).
We could see the Alpha Generation become the richest human generation when they come of age.
This post sounds closer to "Sonic has always ran from left-to-right of th screen; Sonic (the hedgehog) cannot run in 3D. Impossible."
This post sounds closer to "Because Final Fantasy games has always been made on cartridge, the requirements of a 3D game exceed the capacities of a cartridge; therefore, we will have no new video games."
We are entering into a "new console generation" (or more aptly, a new computing revolution: we went through the Mainframe Revolution; the PC Revolution, the Internet Revolution, and the Smartphone Revolution).
We are now in the AI Revolution currently.
AI still needs us.
We also have a gruesome historical context for this as well.
The cotton gin was thought the slave owners would require less slaves but instead slave ownership skyrocketed after the invention of slaves because they needed more slaves to pick up the cotton and operate the cotton gin because other farmers had also bought the cotton gin.
In other words, more human coordination will be needed to make "the games of this console generation", not less.
Because of competition, people will be using AI to make the next big thing faster.
However, this does coincide with your earlier points about "speed". I do agree that "speed" will be more a determinating factor in maximization of wealth. Those can operate faster will be the new mega-wealthy.
Speaking of being fast, I am getting back to work now and getting those clients.
I am glad that you have a Substack now so I can bother you here without getting distracted on YouTube.
NewPipe is better, bruh.
Open to discussions about this. Much like you, I will appreciate evidence-backed answers. I.... don't have the time for ad hominem attacks.
Alright; Pomodoro over! I'm out!
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Interesting perspective, but this is still speculation, not certainty. The future of work has changed many times before, and people adapt. Talking about personal brand Andrew Tate fought Chase DeMoor in Dubai and Andrew Tate lost and Andrew Tate got dropped. People are now criticizing him saying he's in a aura crisis and has affected his image. If you were 40 years old again and had the alpha male 2.0 with the size of your current following would you fight the heavyweight fighter that's is in his 20s and is the current champion or would you not to protect your image.