If You Think AI Is Overhyped, You Need To Hear This | Jaspreet Singh

0:00Oh, could this vintage store be any cuter? Right? And the best part? They accept Discover. Accept Discover? In a little place like this? I don't think so, Jennifer. Oh, yeah, huh.

0:11Jaspreet Singh:Discover's accepted where I like to shop. Come on, baby, get with the times. Right, so we shouldn't get the parachute pants? These are making a comeback. I think. Discover is accepted at 99 % of places that take credit cards nationwide. based on the February 2025 Nielsen Report. Hi, my name is Lewis Howes, and welcome to the Daily Motivation Show.

0:42Why do you think the window is closing for people to start generating more wealth quicker? And what happens to people if they actually miss out on this window? We are going through right now what the World Economic Forum calls the fifth industrial revolution. So if we take a look at our economy, global economy over the last few years, we've gone through a few different industrial revolutions. The first one, take a look at factories being built, the 1700s. Then you go into the 1800s and you hear about electricity and mass production. then we get into the uh late 1900s and now we get into the digital revolution internet starts to become more popular then we get into the early 2000s and now we get into the next stage industrial revolution number four which is smart technologies so now we have things like uber and facebook and all these other technologies that people are now integrating into their lives because now i just shop on Amazon instead of going to the store.

1:45Convenience. And now we're entering industrial revolution number five, which is the convergence of humans and technology. And this one, the reason why it's so important is because every industrial revolution, not only is it getting shorter, but they're having a bigger and bigger impact on our economy. Because if we go back and we think Think about how the internet has changed the economy. Everybody can tell you that the internet changed our economy, but it took years, more than a decade, to really see the impact of the internet. I mean, it started in the early 90s. And I mean, you remember AOL in the 90s dial-up.

2:27And then it slowly started to be adopted. We had the 2000.com bubble boom and bust. And then everybody in 2000 slash 2001 thought, This internet thing is just a fad. It's not actually going to last. So we're talking about 90s until like the early to mid 2000s before people actually realize this internet thing is worthwhile for us to consider as a business. Even in like 2008, 2009, 2010, when kind of Twitter, LinkedIn, Facebook started to become more popular, so many people said it's a fad. And this was 15 years ago. And you think about now Circuit City. You think about Blockbuster. you think about all these chains that were seers, that were massive, but they relied not on the internet.

3:13They thought the internet is not going to take them over, but it took decades for them to really feel the impact. Fast forward to today, ChatGPT was created in 2022, just a few years ago. And between 2022 to 2026, the adoption of AI has been so much faster than the internet. But the impact that AI is going to have on humans and our economy is going to be vastly more different than the internet. And the people that understand this can get ahead of the shift and build wealth. Because let's just go back to the internet. Imagine now, let's go back in time a little bit. Imagine if you're starting a YouTube channel, not in 2015, but 2005.

3:59Imagine the headway that you would have had. Imagine if you started a YouTube channel in 2015 as opposed to 2025 or 2026. Imagine the headway that you would have had. Imagine if you knew, maybe I should be investing in some of these digital companies back in 2015 or 2005. Well, here we are in 2026 and we are just scratching the surface. We know today that Google leads the whole search engine. Do you remember there used to be Ask Jeeves? There was Yahoo. There was AOL. There was MSN. We didn't know who was going to win. Google won that race. When it comes to searching an AI, there's no winner. I don't know if it's going to be ChatGPT.

4:42Is it going to be Claude? Is it going to be Gemini? And they're fighting for that. And that is just the top layer of, I call it an onion, because as investors, you want to look at opportunities like an onion. That is just the top layer of the onion. And when people think about AI, they say, Jaspreet, are you serious? AI is so stupid. I told it to create me a blog post and it was completely wrong. I wanted it to do a deep dive on Lewis Howes and it talked about some other random podcaster. It's so stupid. But let me ask you a question. If you saw a two-year-old trying to run and you saw it fall down, are you going to say it's stupid?

5:18No, you're going to say it's a toddler learning to walk, learning to run. That's AI today. It's learning to run. It is going to sprint. the people that understand it are going to be able to take advantage of that sprint, build wealth because of it, create job security because of it, while everybody else, because the human brain cannot evolve as fast as our technology is evolving, they're going to fall behind. Now, that creates concerns, but what I'm trying to say and emphasize is, look, this creates opportunities for the financially savvy. And I'm telling you this, the reason why I made so much content about this is because I went through a oh crap moment in 2025.

5:58So last time we talked, I would talk about my company Briefs Media. We, as a media company, focused on two things, financial news, financial research. And that's what we did. We published our market briefs newsletter every day. We published our news articles on our website. Then we'd publish our investment research reports for investors. In 2025, I started to hear more and more about AI. And I was messing around with it more and more. and I had that oh crap moment when I realized if AI keeps getting smarter, we are not going to have a job anymore. We're going to be out of business by 2035. And so now I'm, and I didn't tell my employees this.

6:43I'm in my own desk. I'm going through my own stuff, and I'm realizing we're on the verge of being bankrupt. And then I started getting more adept with AI because I'm not the most tech savvy person. And I said, oh my God, it's not going to be 2035. We're going to be bankrupt in five years. 2030, our company is done. Everybody's going to be out of a job, including me. So I went on a hunt with no very little sleep. And I realized that we needed to make a change. And so I'm telling you a true story here that midway through 2025, we had a company all hands meeting that we flew all our contractors into our office as well.

7:28And I started the meeting by saying, I have some news I must tell you. Because of AI, we're on the verge of being bankrupt at 2035. Then I said, but I was wrong. And everyone said, oh, okay, okay. Then I drew a line through it. And it was, we're about to be bankrupt at 2030. And I said, this is why we're going to change. We're no longer going to be briefs media. We That means now we're going to shift from just being a media company to a financial technology company that's powered by media. So we've been building this software, this tool that now our media can power because the only way that now we can compete is if we utilize this new technology.

8:07And I'm telling you this because I went through that. And so as soon as this happened, we went out and hired seven developers. We poured so much money, so much energy, so much time. I mean, we completely we have a whole team. we shifted our entire focus essentially overnight because if we didn't we would be trying to compete against how fast ai is growing and we can't do that we can we can i mean if i wanted to have human writers compete against ai writers the human writers are going to win today but the ai writers can be faster and they can learn better and they don't need time off and they can do it for a fraction of the cost.

8:48We're talking pennies. And so that was my shift of realizing we have to make a change. So what does that mean? It doesn't mean you have to start a business, but it means you have to understand that this is happening and see how you can use it in your life.

9:09I have a brand new book called Make Money Easy. and if you're looking to create more financial freedom in your life, you want abundance in your life and you want to stop making money hard in your life, but you wanna make it easier, you wanna make it flow, you wanna feel abundant, then make sure to go to makemoneyeasybook.com right now and get yourself a copy. I really think this is gonna help you transform your relationship with money this moment moving forward. We have some big guests and content coming up. Make sure you're following and stay tuned to this episode of The Daily Motivation Show.

9:50Thank you so much for listening to today's episode of The Daily Motivation, and I hope you have an amazing rest of your day. If you enjoyed this episode, make sure to click the link in the description. That will take you to the full episode of our main podcast on the School of Greatness. And if you are loving the daily motivation, please follow us over on Apple Podcasts and Spotify and leave us a review over on Apple Podcasts right now. And if you want more exclusive content and ad-free listening experience, make sure to subscribe to our Greatness Plus channel on Apple Podcasts right now. And if you want to get even more inspiration from our world-class guests and learn how to improve your life and take it to the next level, then make sure to sign up for the Greatness newsletter and get it delivered right to your inbox over at greatness.com slash newsletter.

10:40Again, have an amazing day, and I'll see you tomorrow with another episode of the Daily Motivation Show.

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