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Chris Larsen and a co-speaker discuss why measurement drives results, citing cap rates in real estate. They warn that AI could displace roughly 350 million jobs globally and note a shift from car ownership toward app-based vehicle access.
Chris Larsen and a co-speaker discuss why measurement drives results, citing cap rates in real estate. They warn that AI could displace roughly 350 million jobs globally and note a shift from car ownership toward app-based vehicle access.
What gets measured gets done. We don't measure cap rate. Wait a minute, you're a real estate don't measure cap rate. No. And that's why you cap rate is 1.5%, you know, because you're not measuring it. What gets measured, it gets attention. So what we're talking about is getting a lot of attention. And AI is going to be an absolute game changer. And I don't think enough white collar people realize that their job is currently in jeopardy if with white collar work. I mean, I really do. And I think that 100. Yeah, I think Goldman and I think a lot of these Gen Z, they've all nailed it. Like 350 million jobs on the planet will be lost due to AI. And then there's Elon who is saying it's okay though, because you're going to live in a world where things cheap. It's like, hey, how much is that car? Oh, the car is, you know, 10 grand, you know, so. Or even.
Better yet, you don't even have to buy a car because you just hit your app and you have it come pick you up and drive you wherever and it's cheaper than owning a car.
You're. You're exactly right.
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