#136. David Shapiro: How can we prepare for the Fourth Industrial Revolution?

04/17/24 • 85 min

Bring on 80% unemployment!
In this episode, David Shapiro joins Trishul and Aaron to discuss AI and the Fourth Industrial Revolution. Where are we now with technology and society, and where are we going? What is the future of AI at the individual, corporate, and state levels? How does AI affect different jobs? How does AI interact with capitalism in America? If 80% of society is unemployed, how do individuals and society thrive?
Episode References
David Shapiro YouTube
MMS #135. Aaron and Trishul discover the meaning of life.
MMS #131. We don't need no education.
MMS #121. The robots are here! Now what?
MMS #122. The robots are here! Seriously, now what!?
MMS #123. I, for one, welcome our new AI robot overlords.
MMS #126. The robots are here! Are humans finished?
MMS #27. Can a Universal Basic Income really pay for itself?
Ikigai
Perplexity
Self-Determination Theory
Living Deliberately

Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Bay Area Financial Planner with GraystoneAdvisor.com, and Trishul is an East Coast Wealth Manager (InvestingForever.com). MindMoneySpectrum.com and YouTube.

Previous Episode

#135. Aaron and Trishul discover the meaning of life.

If a Tesla robot can fold your laundry (and do all the other chores), how do you spend your time? What do you take pride in?
In a world where robots handle our chores, what becomes of human time? How should we guide children into adulthood? Aaron and Trishul explore these questions, delving into Maslow's Hierarchy of Needs. They contrast the past, where activities fulfilled both basic and self-fulfillment needs, with a future where self-esteem must be cultivated separately from safety and security. With all needs provided for, the quest becomes: How do we discover our purpose? And crucially, how do we impart this quest for purpose to the next generation?
Episode References
MMS #3: Does money buy happiness?
What is the Rabbit?
Maslow's Hierarchy of Needs
Tesla Robot Folding Shirt

Next Episode

#137. You can't pay someone for free money.

The red flags of TikTok financial videos.
In this episode, Trishul and Aaron discuss the problem of trying to pare down financial advice to soundbites. TikTok financial videos can contain red flags ranging from likely inappropriate to downright wrong. Anytime we hear passive investing, real estate, crypto, or "Don't invest in your 401k", we immediately assume the video has some ulterior motive.
Episode References
MMS #3: Does money buy happiness?
Trishul Patel - CRD
Investing Forever Advisory - CRD
Aaron Agte - CRD
Graystone Advisor, LLC - CRD
BrokerCheck - FINRA