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Salim Ismail

Salim Ismail

👤 Speaker
618 total appearances

Appearances Over Time

Podcast Appearances

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

But to Alex's point, one of the smartest investor types I know was worth about $100 million.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

I asked him how he does wealth management.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

And he goes 70% high dividend yielding public equities and 30% high risk startup investment funds.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

And I think that speaks exactly what Alex just said.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

The kind of the standard things like real estate, utilities, et cetera, are all very dangerous places to be.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

I've got a bunch, but I'll just limit it to one here just to build on the abundance side.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

You know, they're doing this separate from the list here, but they're using AI to do with acoustic sensing to prevent major failures in wind turbines.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

And the systems are achieving like 99% accuracy in identifying damage before it requires repairs.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

So the cost of maintenance suddenly dropped radically for these winter runs because we can do predictive maintenance in a very powerful way.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

And so this is all these little thousand ways, thousand cuts in which we're reaching abundance and energy.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

That's totally going to change the game.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

So I'm so excited about this.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

But this is such a great stuff, except we've misspelt abundance corner, but that's a minor detail.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

I love it.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

Can I give a little historical thing here?

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

So, you know, if you look at the over the last 50, 100 years, the world's biggest food production countries were the ones you'd expect.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

US, China, Russia, Brazil, the biggest ones.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

Right.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

But then you look over the last 50 years at the world's biggest food exporting countries.

Moonshots with Peter Diamandis
Elon Musk vs. Sam Altman, AI Job Loss, and OpenAI’s $852B Valuation | EP #247

And you know what number two is?