Steven Bartlett
đ€ SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
I've heard a lot of founders get quite scared that there will be an economic crash in the next 12 or 24 months because of the overinvestment in AI.
And investors are going to start to realize that the returns just aren't there for a lot of these companies that have raised a hundred million valuation on an idea.
And so the market will contract.
And if the market does contract, what does history tell us that the individual should do?
The person listening, the average person in such a market, because they're scared they're going to be laid off.
If all this investor money suddenly contracts, investors go risk off.
They might be laid off.
You'd have to consider letting people go and you'd have to cut costs.
You wrote this book, The Amulet of Wealth, The Simple Formula for Success.
Brilliant, brilliant book.
And linking to what you were just saying there,
Where are you investing now?
Like if you're a young person that's trying to defend your money or just really anybody at any age that's trying to find a place to put your money where you'll make a return.
I guess there's actually two questions here, which is the investing part.
And they're like, how do I set myself up just to make more money?
Especially if there's going to be an economic collapse, things might get a little bit uncertain.
I think I heard you say before that less people are leaving their jobs.
It's harder for entry-level people to get into newer roles potentially at the moment.
So in such a world where there is uncertainty...
and I want to make sure that I don't go broke.