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I wish somebody had given me that advice. >> I went on Chat PT and I as Chatt the
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question, I'm a normal person who earns $50,000 a year. I want to be financially
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free in the future. Give me a one-s sentence answer based on all of the wisdom in the world taken from every
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expert in investing ever. >> I know what the right answer is. I don't know what the answer.
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>> What do you think it's going to say? >> Read the simple path to wealth. I don't
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think that's what it's going to say, but that's the right answer. And the the
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simple path of wealth talks about three principles, right? >> Right. >> I'm going to check it against what it
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says. >> Avoid debt. >> Yeah. >> Live on less than you earn. Invest a
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surplus. >> It said, "Focus on saving and consistently invest in lowcost
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broad-based index funds like the S&P 500 while living below your means and allowing compounding to work over time."
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>> I should sue them for mining my book. >> Yeah, they probably did.
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>> I then asked another question. How do I earn more? earn more in a job or
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>> I just asked a very broad question which is and now how do I earn more was my
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question. >> Develop your skills. >> Okay. >> It said to earn more focus on developing
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high demand skills. >> Oh, there you go. >> Seek opportunities for career
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advancement. Explore side hustles or invest in assets that generate passive income like real estate or dividends. I
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really think there's a really important part there about developing high demand
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skills. >> What are those going to be in the future? >> Yeah. with AI because programming for
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instance >> used to be a very high demand skill and people said learn how to program. Yeah.
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>> From what I understand in the age of AI yeah that's not so much. >> The advice I'd now give to my kids based
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on that is I would ask if my kids came to me and said dad what should I go learn? I would say go and work for a
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startup. I said startup because you're going to be very close to the CEO and
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founder because there's going to be less desks. So you're going to be closer to
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the proximity. That is failing at the cutting edge. So if it's AI, I'd say go
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work for an AI startup. I I probably not going to work out. You're probably going
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to be the company will be busted in a couple of months time, but you're going
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to be so close to the failure >> and you will learn so much. Yes.