Jaspreet Singh
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the people that understand it, the internet made some people wealthier.
It made it easier for everyone else to spend money.
It started off with, oh, you can just spend money without driving to the store.
Well, then it became the one-click purchase because Amazon realized that for every time you had to click a button to get to the checkout page, they lost about 50% of buyers.
So they said, how about we just create the one-click purchase and
That way it's so easy to buy.
Then came buy now, pay later online.
So you go to the purchase.
You don't need the money to buy anymore.
Just hit buy and we'll figure out how to get your payments later.
Now with AI, it's going to know what you want before you know what you want.
And it will be presented to you.
And the people that don't understand how to control their finances are going to be spending their money much faster, right?
The people that understand this are going to be able to gather that money much faster.
So it's what side of the game do you want to be on?
And it goes back to the financial education, which we're never taught.
I appreciate it, man.
The reason why I wanted to do this is because I was actually reading a statistic right when your team emailed me, which was, we know that somewhere between 50 to 70% of Americans are living paycheck to paycheck.
And then I was reading a statistic that said 72% of Americans have Netflix.
What that told me was,