Famous investor and author of “Rich Dad Poor Dad” Robert Kiyosaki, in his latest video speech, issued important warnings about the impacts of artificial intelligence (AI) technology on the business world. Kiyosaki stated that young people should consider AI for financial excellence. In this speech, Kiyosaki, who gave advice to young people on setting financial goals, predicted that AI technology could leave millions of people unemployed.
Kiyosaki’s Secrets to Successful Entrepreneurship
Kiyosaki discussed his advice for young people with Ken McElroy, the author of the personal real estate investment book ‘The ABCs of Real Estate Investing’. The duo addressed ways to set financial goals and succeed in the investment world.
Kiyosaki emphasized the importance of sales and fundraising skills, stating that he set a goal to take three companies public. He first achieved this by taking a Chinese gold mining company public on the Toronto Stock Exchange, followed by companies on the New York Stock Exchange and NASDAQ.
AI and the Threat of Unemployment
Financial educator Kiyosaki highlighted that artificial intelligence technology particularly threatens the driving industry. He noted that the driving industry, where companies like Uber and Lyft operate, is at great risk with the advancement of AI. Kiyosaki expressed his concerns by saying, “AI will leave millions of people unemployed. That is my prediction. I hope I am wrong.”
Kiyosaki advised young people to find jobs that require brain and skill, which are less likely to be taken over by AI. He emphasized the importance of hands-on jobs like repairing cars, fixing computers, or building houses. Additionally, he stressed the importance of investing in real assets like gold, silver, and Bitcoin.
Teachers and Bureaucrats Fell Short in Financial Education
While explaining the ways to succeed in the financial world, Robert Kiyosaki stated that teachers and bureaucrats have fallen short in financial education. He mentioned that the significant changes AI will bring to the business world should not be ignored and advised young people to prepare themselves accordingly.
Robert Kiyosaki is one of the leading advocates of Bitcoin. He always mentions that an economic turbulence is imminent. In his advice to investors, he particularly recommends buying Bitcoin, gold, and silver.
