Robert Kiyosaki Shares Financial Advice in Latest Video
In a recent video, renowned investor and author of the popular personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, provided some valuable insights on achieving financial success. One of the key topics he discussed was the importance of keeping an eye on artificial intelligence (AI) trends and their impact on the job market.
The Path to Entrepreneurial Success
During the video, Kiyosaki talked about the essential skills needed to become a successful entrepreneur. He emphasized the significance of selling and raising money and set a personal goal of taking three companies public through IPOs.
- First IPO: A gold mine company in China listed on the Toronto Stock Exchange (TSX)
- Second IPO: Another company on the New York Stock Exchange (NYSE)
- Third IPO: Listing a company on the NASDAQ stock market
The Impact of AI on Traditional Jobs
Kiyosaki also addressed the potential dangers of AI advancements to traditional job roles. He expressed concerns that AI technology could lead to millions of job losses in the US, especially in industries like driving, where a significant portion of American jobs (~34%) are based, such as Uber (UBER) and Lyft (LYFT).
“AI – this is the thing I’m watching. Because ‘AI’ is ‘artificial intelligence.’ It’s gonna put millions out of work. That’s my prediction. I hope I’m wrong.”
To navigate this changing landscape, Kiyosaki advised against pursuing careers that are likely to be automated by AI. Instead, he recommended focusing on roles that require critical thinking, practical skills, and manual labor, such as fixing cars, computers, or building houses.
Furthermore, Kiyosaki has consistently advocated for investing in tangible assets like gold, silver, and Bitcoin (BTC) as a hedge against economic uncertainty. He has also critiqued the traditional education system for its failure to teach financial literacy.
Hot Take: Key Takeaways for Financial Success
As a crypto enthusiast, staying informed about trends and developments in the financial world can help you make sound investment decisions. Robert Kiyosaki’s advice on entrepreneurship, AI impact on jobs, and asset diversification can serve as valuable insights for navigating the ever-changing financial landscape. By adapting to new technologies and focusing on acquiring valuable skills, you can position yourself for financial success in the digital age.
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