AI: Let The Good Times Roll!

'We think in the next 5 to 10 years, you will not recognize the world as we know it today. What we think is going to happen is not exponential growth, but super exponential growth!' Cathie Wood - Ark Investment & BIG IDEAS Annual Research Report

'How wrong the markets have been. I am flabbergasted.. about the public and the markets not recognizing how impactful these exponential technology-driven companies are, and how these super-exponentials are coming as these tsunami-size convergences are about to transform every aspect of our lives, every company, nation states, as we get the convergence among technologies out there.' Peter Diamandis

Welcome to Issue 68 of 1idea

In Issue 67 of 1idea, I wrote: 'Please get into AI now, if you haven't yet. Learn, explore, play with it.. so that you can stay ahead of the game that is unfolding before our very eyes, right now.'

There are those special times when one must just sit back and listen in appreciative awe to those who are way more knowledgeable than one could ever hope to be, and this is one of those times.

I cannot implore you more to spend 90-minutes listening to this latest Feb 29, 2024 video discussion featuring Cathie Wood and Peter Diamandis talking about a wide range of AI-related topics (as listed below), it will be well worth your while.. and vitally important for your future!

Topics:

0:00 - INTRO

1:36 - AI Leaders Gather for Summit

2:15 - The Flaws of Passive Investing

8:24 - The Challenge of Exponential Thinking

9:03 - The Exponential Tsunami is Here

13:42 - The Future of Education: AI.

19:03 - The Financial Future: AI & Longevity

20:13 - The Trillion-Dollar Transformation of Travel

25:27 - The Uniting Power of Technology

28:22 - The Future of Personal Transportation

32:26 - US-China Sanctions and GPU Domination

34:44 - Fountain Life: Revolutionizing Lifespan Expansion.

37:03 - The Future of Artificial Intelligence

40:30 - The AI Revolution: Is Capital Overwhelming?

48:06 - The Race for Longer Life

52:08 - Creating the Future We Want.

53:27 - Riding the Waves of Growth

55:13 - Shareholder Power and CEO Salaries

56:52 - AD: Improve Your Gut Health Today!

58:20 - Bitcoin: The New Financial Frontier

1:01:58 - Bitcoin: The Future of Finance?

1:05:19 - Democratizing Decentralized Finance

1:08:37 - The Future of Robotics: Convergence

1:13:51 - The Unappreciated Impact of Exponential Tech

1:18:21 - The Battle Between Open and Closed AI

1:21:32 - Invest in Grassroots Ventures Now!

Update 06/03/2024 - I asked phind.com to summarize the transcript of the video. It provided this together with informative sources and further question suggestions (you'll need to do this exercise for yourself to get them - doesn't allow me to provide link):

ANSWER | PHIND-34B MODEL

The copy you've provided outlines a vision for the future of technology and its impact on society, focusing on the exponential growth and convergence of technologies. Here are the key points summarized:

• The world is on the brink of experiencing super exponential growth, with significant advancements in technologies like artificial intelligence, blockchain, and robotics.
• The speaker believes that the next 5 to 10 years will bring about changes as profound as those seen in the last century, driven by the convergence of technologies.
• This period is not just about technological advancements but also represents a shift towards a new asset class and a global monetary system.
• The discussion emphasizes the potential of AI to transform various aspects of life, including business, education, and even the way we interact with technology.
• There's a recognition of the financial world's shift towards passive investing, which has led to a misallocation of capital and a loss of active investment strategies.
• The conversation touches on the challenges of convincing people to think exponentially about the future, highlighting the resistance to the concept due to historical experiences with exponential growth.
• The speaker shares a belief that the future will be unrecognizable from today, with a focus on preparing the next generation for a world shaped by rapid technological advancements.
• The discussion also includes a critique of the financial industry's focus on passive investing and a call for a return to active investment strategies that can leverage the opportunities presented by exponential growth.

This summary captures the essence of the vision presented in the copy, focusing on the transformative potential of technology and the need for active investment strategies to navigate the future.

Previous issues that focus on AI that you should deep dive into:

• Issue 67: Are YOU using AI as YOUR personal Ideas-Generating Machine?
• Issue 66: AI: Holds More Information & Knowledge Than Any Human
• Issue 65: AI: Open 'University Of Success'
• Issue 63: AI: Does 'Smarter' Technology Make Us 'Dumber'?
• Issue 61: AI: Explore POSITIVE Ideas To Put An End To The Horrors Of War
• Issue 60: AI: A Blessing or A Curse? YOU Decide!
• Issue 59: AI: We Have Seen The FUTURE.. and We LIKE It!
• Issue 58: AI: Show Me The Money!
• Issue 57: Creative AI Thinking - for new ideas, novel ideas & to improve raw ideas
• Issue 54: Why A.I. is too important to ignore. Do not wait until it is too late.
• Issue 52: A.I. vs. Old-Fashion Book Summary
• Issue 48: A.I. - an ABUNDANCE of IDEAS ..don't let A.I. pass YOU by (part 2)
• Issue 41: CORRUPTION is killing our world. Let's put AI to the task of stopping it.
• Issue 40. AI just became very real. Don't let this breakthrough idea pass YOU by.

If you're new to us it is recommended that you read issue 1: One Idea is All it Takes

About:?Trevor Nel is an 'ideas-generating machine' and co-founder of WISDOMS?. You can connect with WISDOMS? and become: 1. a PATRON and/or; 2. a PLAYER , and/or; 3. a PARTNER - follow each link for more info.

Next week:

Trevor Nel?is author of One Idea Is All It Takes and numerous publications & articles, including:

Another GREAT Day in Africa!

1. Confessions of a SERIAL Entrepreneur
2. Here's How To Be Well-Prepared For YOUR Cycles Of Success
3. Here's How YOU Can Make A Meaningful Difference In Other People's Lives
4. COMRADES Marathon: Metaphor For The Marathon Of Life
5. Riding the wild, wild River Of Life
6. Life Lessons Learnt as a Dusi Rat
7. Some simple life lessons learnt from 50 Midmar Miles

This post is brought to you by Trevor Nel co- developer of WISDOMS? DifferenceMakers? In Every City - https://lnkd.in/dABaNAcv - in collaboration with 1idea? - https://lnkd.in/dUytHMTj - the digital newsletter that explores the simple idea that just one idea can be all it takes to change YOUR entire life & business.

Coming soon.. to WISDOMS? DifferenceMakers? In Every City of the world: Preview the "Milliondollarize? Your Business Ideas"? masterclass - https://lnkd.in/d9Fkt72t - and learn how to turn YOUR ideas into profitable ventures. Discover the secrets to creating and executing million-dollar ideas in this exclusive masterclass, designed for aspiring entrepreneurs and business leaders seeking a transformative experience.