Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029
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What is the main topic discussed in this episode?
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I was looking at the top 10 jobs that are most likely to be disrupted by AI.
And I really do worry about this. So the nature of the economy is changing. For a long time, blue-collar work like plumbers, electricians, bricklayers has been devalued. But it could be in the next couple of years, these are the roles that are elevated the most and that plumbers regularly earn more than lawyers. And for the last 25 years, I've been building companies from scratch. and I've been through the global financial crisis and COVID, but I have never experienced what we're experiencing right now. I've never seen more fear for the disruption that is coming. And my real bear case for AI is that every time you go on AI, your request is going off to a big computer in a Walmart-sized building somewhere, and those big ginormous computers, they last three to four years before they need to be replaced.
And this year ahead, we're going to spend $650 billion. And that could cause a massive financial collapse. That's the thing that I'm worried most about. However, I've never seen more excitement for the opportunities that are in front of us. So let's talk about in a world of AI, what are the skills that survive? So I really believe that everyone should build a little bit of a personal brand. Not like to become an influencer, but position yourself with a group of people who know who you are and know what you do and could enroll you in their opportunity. Second one, if there's one skill set that everyone should be learning at the moment, it's how do entrepreneurs think? How do entrepreneurs behave? What are the skills that make an entrepreneur successful?
And entrepreneurs just simply follow six steps and we do it over and over and over again and we'll go through the six steps.
So are there any particular opportunities that you think that anybody listening right now could pursue to make money? So I think one of the best opportunities is... That is such good advice that we don't hear enough. Guys, I've got a favour to ask before this episode begins.
What are the implications of AI on traditional jobs?
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And I would be hugely grateful if you could take a minute on the app you're listening to this on right now and hit that follow button. Thank you so, so, so much. I think we're living in the most interesting, opportunistic, terrifying time to be an entrepreneur, a professional, to really be anybody, because this is a moment of such fundamental change. And I really wanted to have this conversation with you today because I want to understand how you're thinking about change. AI from an opportunity standpoint as an entrepreneur, but also just for everybody that's working in a normal job and who is at risk of having their career, their livelihood, their identity, their qualifications made redundant because there is now an alien amongst us that can do so much.
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:00–2:16
2
What are the implications of AI on traditional jobs?
2:16–7:38
3
How is the economy changing due to AI and robotics?
7:38–9:52
4
What skills are essential for entrepreneurs in the AI era?
9:52–19:40
5
What opportunities are emerging in the AI landscape?
19:40–1:01:59
6
Why are people leaving the U.K.?
1:01:59–1:02:29
7
How does AI impact economic structures?
1:02:29–1:03:02
8
What are the key entrepreneurial skills for the future?
1:03:02–2:03:41
Speakers
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