
“This Is Terrifying!” You’re NOT Ready For What’s About To Happen With AI | Jason & Brett Oppenheim
Key Takeaways
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AI could replace half of US jobs by 2036
“I wouldn't be surprised if we see within 10 years, 50% of the jobs in America gone. AI will replace all intellectual capital. Robotics combined with AI will replace all human physical labor. In 10 years? I think within 10 years, it could be 50%. Within 20 years, probably 90%. So jobs, the intellectual jobs will go first, lawyer, accountant.”
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Humanoid robots will solve physical labor shortages
“I think the problem is making enough humanoid robots, which I think Elon is at the cutting edge of with the Optimus, and he's going to start putting them out probably next year as fast as he can. I actually think that the bottleneck will be the production of humanoid robots. It won't be the fact that plumbing is too difficult, because if you think about it, there's 5,000 humanoid robots, and they all plumb for one year.”
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AI will drive extreme deflation and negative rates
“AI, I think, is going to be tremendously deflationary. It's going to drive the cost of goods down, the cost of service down. I mean, I actually think that AI will potentially drive interest rates negative. Whereas if you have $100 in a bank account, you will be paying 1% to the bank to keep that money in the bank account.”
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Global healthcare quality will soon be democratized
“I don't think that the idea of rich, the way that we think of it today, will be the idea that we think in 10 years. I mean, everyone, probably everyone within 10 to 15 years, will have a Michelin star chef, a maid, a babysitter, a dentist, a physician, and I'm meaning the best physician in the world. Literally, someone who's poor today will have the best health care on planet Earth.”
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Robot production speed is the ultimate AI bottleneck
“Instead of having one years of experience of plumbing, they're all going to have 5,000 years of experience of plumbing, because they're all going to know everything that every other humanoid robot knows. They'll have fixed every problem within one year that a plumber could face in 5,000 years of plumbing. I don't think that's necessarily the issue. I think the bottleneck will be the production of humanoid robots.”
Episode Description
SoFi: Thanks to SoFi for sponsoring today's episode. Visit https://Sofi.com/iced to start your crypto journey. Lennar: Try out Lennar Investor Marketplace at https://www.lennar.com/investormarketplace_icedcoffee ZocDoc: Check out Zocdoc and stop putting off those doctors appointments. Go to https://zocdoc.com/ICED to find and instantly book a top-rated doctor today. ZipRecruiter: Post jobs for free at https://ziprecruiter.com/ICH Follow Jason Oppenheim: https://www.instagram.com/jasonoppenheim/ Follow Brett Oppenheim: https://www.instagram.com/brettoppenheim/ *𝗖𝗢𝗡𝗡𝗘𝗖𝗧 𝗪𝗜𝗧𝗛 𝗨𝗦* 𝗜𝗚: https://www.instagram.com/icedcoffeehour 𝗝𝗔𝗖𝗞: https://www.instagram.com/jlsselby 𝗚𝗥𝗔𝗛𝗔𝗠: https://www.instagram.com/gpstephan 𝗖𝗹𝗶𝗽𝘀 𝗖𝗵𝗮𝗻𝗻𝗲𝗹: https://www.youtube.com/c/TheIcedCoffeeHourClips 𝗫.𝗰𝗼𝗺: https://x.com/TheICHpodcast 𝗧𝗶𝗸𝗧𝗼𝗸: https://www.tiktok.com/@theicedcoffeehour 𝗦𝗽𝗼𝘁𝗶𝗳𝘆: https://open.spotify.com/show/5c2uoXBQkOjIiCOf60jJj7 𝗔𝗽𝗽𝗹𝗲: https://podcasts.apple.com/us/podcast/the-iced-coffee-hour/id1515070058 For sponsorships or business inquiries reach out to: icedcoffeehourpartnerships@gmail.com Apply for The Index Membership: https://entertheindex.com/ For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: 0:00 - Intro 1:11 - Why Talk About AI? 4:53 - Past Predictions & Credibility 6:34 - Who's Getting Rich from AI? 7:25 - What's the Point of Saving? 16:45 - Sponsor - SoFi 18:09 - Evidence AI Is Advancing 19:59 - How Fast AI Is Accelerating 25:15 - Money in an Age of Abundance 32:06 - Sponsor - Lennar 33:07 - Industries That Will Collapse 34:46 - Healthcare & Life Expectancy 36:34 - AI Benefits for the Poor 40:07 - What's Stopping AI? 41:24 - Robots Building Robots 52:24 - The Wealth Gap 53:39 - Capitalism vs. Socialism 57:09 - AI Governance 59:21 - Sponsor - ZocDoc 1:00:30 - Sponsor - ZipRecruiter 1:01:45 - How to Learn About AI 1:06:35 - Who Will Screw Up AI? 1:22:46 - AI Tools & Applications 1:32:57 - Closing Thoughts *Some of the links and other products that appear on this video are from companies which Graham Stephan & Jack Selby will earn an affiliate commission or referral bonus. Graham Stephan & Jack Selby are part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices