9/24/24: An Impact of AI You Might Not Like

THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

AI's rapid advancement is causing significant job cuts across major companies, with UPS, Google, and BlackRock among those impacted, raising concerns that it could automate 300 million full-time jobs globally by the decade's end. Despite potential benefits, over half of Fortune 500 companies view AI as a substantial risk, particularly in media and technology, where fears of competitive disadvantage and operational challenges loom large. And Ric answers a listener question about the future of investing in XT, bitcoin and Ethereum ETFs as a vital next step, building on the success of the iShares Exponential Technologies ETF he launched in 2015, while connecting it to emerging technologies like AI.

#AI #JobLoss #Automation #Fortune500 #TechIndustry #Media #JobSecurity #AIConcerns #CorporateRisks #FutureOfWork #Innovation #CostEfficiency #BusinessImpact #WorkplaceChanges #Crypto #Investing #ExponentialTechnologies #AI #ETFs #Blockchain #FinancialMarkets #Innovation #Bitcoin #Ethereum

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Links from today’s show:

Ric’s bestseller - The Truth About Your Future: https://www.amazon.com/Truth-About-Your-Future-Money/dp/1501163817/

Ric’s bestseller - The Truth About Crypto: https://a.co/d/7PuAkTk

iShares exponential technologies ETF symbol XT: https://www.ishares.com/us/products/272532/ishares-exponential-technologies-etf

9/25 Webinar - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond

9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now

9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-what

Become Certified in Blockchain and Digital Assets: https://dacfp.com/certification/

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Brought to you by:

Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html

State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstones

Schwab: https://www.schwab.com/

TAYF Disclosure page: https://www.thetayf.com/blogs/disclosures/important-disclosures-stone-ridge-longevity-etfs