Replying to Avatar HoloKat

Some people think AI and AI chat bots are all hype. They couldn’t be more wrong.

Thousands of tasks can now be automated or at the very least done significantly faster with much less effort and by fewer people.

Unlike humans, AI systems don’t get tired, don’t take vacations, and don’t single task. They can access vast amounts of data quickly and find the parts that matter. Reporting, presenting, what used to take hours now takes seconds. Combined with other forms of data connected by plugins, it’s much easier to surface the right data.

Unlike humans, once trained, AI systems don’t require constant retraining. They scale much faster and cheaper beyond anything a traditional human workforce can accomplish.

Which fields are impacted? No, the better question is which fields AREN’T impacted. Data work, customer service, manufacturing, warehousing, healthcare, marketing, transportation, finance, HR, retail, design, development, are just the tip of the iceberg.

AI touches everything, and we are only in the early stages. My guess is there won’t be a single thing we do that is not somehow impacted by AI. At some point, anything you do, touch and experience will have had an AI play a role in making it happen.

We are in a major shift in the way things are done, on a much grander scale than the industrial revolution.

The next 2-3 years will be super interesting to say the least. If the smart phone could change the world in a fairly short period of time, it’s hard too imagine what AI will do for us in the same timeframe. The world may not be recognizable a decade from now, even though every fiber of your being may deny it.

I'm particularly interested in AI-enabled mental health

Full lifetime of indexed ideas to play with and draw from

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What ideas do you have?

I'm thinking about prices being set on margin, and in relation of one good to another.

The supply of goods (services) is being derived from the marginal cost of production of one good vs another.

And the demand reflects the marginal utility of the good.

If you want to ensure that your skills (assets) are maintaining its value. Focus on areas which have:

- 1) AI-proof marginal costs of production

- 2) AI-proof marginal utility curves in your market (non-rapidly decreasing demand with increasing volume)

=> Hard money is the best asset. Other scarce input resources sounds great too (premium land; old wine collections; ..)

Skills - plumbers, physiotherapists, electricians, vets sound great to me.