How AI is Revolutionizing Wealth and Human Potential

Be one of a kind with Mike's Plan.

Friday, December 19th, guys. Now we're a week away from the day after Christmas. That's how fast this next couple of days are going to go. And, uh, thank you for coming back for a continuation of the conversation I had with Dr. Axel Meyerhofer on the Ideas by Mike podcast. See, today, uh, on this Friday, We want to talk, go a little bit deeper into AI's future. Is it friendly or not? Because there are some really unique perspectives that when you understand the age of abundance that we're living in now, you understand that we are living in new times. Now, history does repeat itself. There's no doubt that there could be something that comes along that looks a lot like 1985 or 2000 or 2008. But boy, AI is Remember, guys, if you're over 40 years old, you remember a time that the iPhone was not around. You remember that our game— our gaming system was the Nintendo. You remember when we probably even had cordless phones around the house and answering machines. That's how far we've come in our current modern civilization. I want you to continue the conversation with Dr. Axel that we had on the Ideas by Mike podcast. Enjoy this feature from that podcast. How do you think our life will be like daily impacted? You said like from a medical standpoint and given this, but do you see, do you see like, uh, um, and maybe you don't have an answer to this and you just, you could say that, but do you see like population slowing? Do you see Do you see disconnectivity among humans? Do you see— what are some of the side effects of this that we need to watch out for, you know, as we continue as humans to kind of grow?

Yeah, there's a whole bunch of different ones, but the ones that I see most immediately impacting your life or my life or any of our listeners' life or what viewers' lives. Number one is how will those who have the ability to impact AI and the robots that are connected as embodied AI, this evolution in such a way that the result is friendly to humans, that the AI is not at some point going to say, You know, we know everything, we understand how the coding goes, that makes us, we can build ourselves, right? We, we have learned how to make 100,000 more of ourselves, whatever name, like, let's use the example for Tesla, they call their robot Optimus. That Optimus thing in probably 2 or 3 years will fully understand how it's being made, to the extent that it could make more of itself. And it obviously knows what each one of the computer chips that is running the AI internally, what's on there, because they have it in, in themselves. They can talk to each other, obviously, because they're connected to the internet. So just to illustrate this a little bit, the important— one of the important aspects is, will those who impact and influence the development of these creatures, so to speak, Find a way to make it so that these creatures say, yes, humans are useful. I want to keep the humans around. That's one important thing. Now, as far as our daily lives, and I, you know, I'm aware that for me, at least, there is a finite, and for everybody else, there's a finite, it's just like, how long do I still have? Even though I don't want to venture into what's in 20 or 30 years or 35 years, that's kind of the time horizon that I see for myself, even though there could be medical developments that make that significantly longer. But assuming we find a way to keep these embodied AIs friendly to us, there is an exciting future that I see. And that is for all the different things. And I encourage anybody listening or watching to ask yourself, what are things that you would love to do and haven't done, either because you say, I don't have time for that, or I can't afford to use time for it? because it doesn't make any money, it doesn't pay me anything. So I would have to wait until I have enough money, enough income, or so forth to afford it. Right? So if you look at those kinds of things, you want to hang out for hours and hours and do the chi thing, right? And really, really go deep with a group of people, maybe in a particular nice location, where it doesn't matter how long it takes. You just hang there with, with that group of people until the last person says, okay, I want to go home now.

Right.

That and completely irrelevant for the cost because cost is not a factor anymore. That would be one thing, you know. So we— one thing that I want to encourage anybody to ask yourself, what would I love to master if money were not to play any issue? And I, for example, said for the last 60 years, I would love to be able to learn how to play the keyboard. That is something, right? Like, and if money plays no issue, I can spend almost as much time as I want to, and it wouldn't cost much. Maybe that robot can actually teach me how to play the keyboard, right? Because he or she or it won't cost me anything. I mean, we have to realize these things work 23 hours a day, 365 days a year, and they cost by the time that you and I can buy them, maybe $30,000 or $40,000.

Right.

Right. So if you turn that around compared to an employee, it's just ridiculous. It's basically free labor. And it's the laborer who knows— and I'm using the personal form, who— you could say it knows pretty much everything anybody ever knew. And I want to maybe make a little bridge to what you told me about your grandma's amazing sandwich. When one of them ever observes how that is made, all of them will know how to make it, right?

Yeah.

So if I'm sitting somewhere, yeah, if I'm sitting in Spain and I say, hey Mike, did you get one of those robots? What kind do you have? I can ask my robot to check in with Mike's robot. I wanna have one of those colored sandwiches that his grandma used to make.

Wow.

Right.

That just, that just means that I can make her legacy even bigger now.

Yeah. You, you can make the, you can make it global, you know? Yeah. Not now, but in, in a few, in maybe 5 or 7, 8 years. Right. My point about it is, so there are many, many things when you start really spending a little bit of time in a quiet place and ask yourself, what would I love to do? when any time or money constraints were out of the picture. And so the positive, optimistic vision that I have in this whole embodied AI is I think there are so many things humans, especially in the Western world, have denied themselves exploring for either not enough time or not enough money that will become possible. And that's part of the reason why I say I have no idea how creative, innovative, or cool things we can come up with that only humans can do. So that's why I said the first question is, what makes us humans? What is something special that only humans can do? And how does that resonate with yourself, with what you always wanted to do? I know that many humans, other humans, can do beautiful music on a keyboard, But I want to be experiencing how that is when I make it myself. And no robot can— the robot can tell me any story in the world ever told to any human on how that supposedly feels. But if I want to experience it myself, I need to learn how to do it. And then I want to play the tunes I want to play. Maybe I come even up with something new that only this little community, Axel, Mike, and the 2 wives like, and everybody else hates it. Who cares, right? So that kind of vision, I think, is really exciting and optimistic, always assuming that the robots don't come to the conclusion they don't need us anymore.

I hope you enjoyed that segment with Dr. Axel Meyerhofer and me from the Ideas by Mike podcast. If you want to learn more about how AI is integrated into the One of a Kind Financial Plan, how we're using it in our practice, I encourage you to reach out to us by texting Texting the word ideas to 600-700 or calling our office at 757-909-7151, where you will get one of our friendly staff members to, uh, get you connected with me or a member of the team. As a reminder, Mike Milligan is an investment advisor representative with Advisory Alpha LLC. Ideas by Mike, doing business as One Oak Financial. Mike Milligan LLC, the media company responsible for this. And Mike Milligan. The contents are— we, we are all unaffiliated entities except as investment advisory reps to Advisory Alpha LLC. All opinions expressed by me and Dr. Axel Meyerhofer are those of us and do not reflect the opinions of Advisory Alpha LLC. For tax advice, please consult a CPA or enrolled agent. And before making any investment decisions, please consult a licensed financial pro.

Be one of a kind with Mike's plan. In a face-shot growth, take a stand. Visibility, strategy, take that lead. Transformation's yours, fulfill the need.

Woo!

Mike's got the way to help you rise and stay. Leadership impact you'll find in your one-of-a-kind mind. Be one of a kind, take the flight. Mike's the guide, you'll shine bright.