Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
The third one, now we get into the internet, and now we can start to see the internet was a few decades, two, three decades of time where it really started being launched to being implemented.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
then industrial revolution number four in the 2000s was smart technologies so taxi divers being replaced by uber and hotels and airbnb and other types of smart technologies like that and now we're already entering the next one which is the convergence of human and technology and every time these industrial revolutions have happened whether it took 100 years or 20 years
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
there was unrest, economic change, and a shift of wealth.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
Well, now it's happening so fast that that wealth shift is going to be bigger than ever.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
And it's happening so fast that the average person can't keep up with it.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
And so now the ability to...
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
grasp and understand this shift there's no time which time was there before but because of how fast it's evolving that time doesn't exist anymore and so you have to in this economy you have to get ahead of it or you're going to be the person on the losing end and we've seen that happen time and time and time again whether it's the people that lost their jobs to factories
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
lost their jobs to the internet.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
I mean, I'll tell you a funny story that my grand parents used to tell me.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
My grandmother's village, when she was growing up, it was not a high-tech place.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
So when people then had to go to the bathroom, they would go in the fields.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
My grandfather said, no, we were advanced where he grew up because they had buckets, they had a bucket system.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
So they used to go in buckets, but there was a guy that would come every week and take the bucket and replace the bucket.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
Well, along came- That's a fun job.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
along came plumbing, then the crap picker-upper gets laid off because now you no longer have that job because of innovation.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
So, you know, innovation happens in many different
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
But without innovation, a lot of us might still be going in buckets.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
Yeah, I think a little bit of both.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
The way I treat it as an investment, purely as an investment, I look at it as a speculative asset.
Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh
And the reason why I say that is when I invest my money, I have five assets, my own business, real estate, stocks, speculative, and then 2% gold.