PREVIEW: From a longer conversation on the consumer economies on three continents, Asia, Europe, North America, asking Chris Riegel of Scala.com (with business on all major continents) if AI deserves the sales pitch it receives on Wall Street? Chros Riege
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 30 November 2023
⏱️ 3 minutes
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Summary
1951, The Day the Earth Stood Still.
Transcript
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| 0:00.0 | This episode is brought to you by Krakhan. |
| 0:03.0 | Krypto is like finance, but different. |
| 0:06.0 | It doesn't care when you invest, trade or save, do it on weekends, |
| 0:11.0 | or at 5 a.m. |
| 0:12.0 | Or on Christmas Day, at 5 a.m. or on Christmas day at 5 a.m. |
| 0:15.2 | crypto is finance for everyone everywhere all the time. |
| 0:19.4 | Visit crackin.com slash see what crypto can be to learn more |
| 0:22.8 | don't invest unless you're prepared to lose all the money you invest this is a high-risk investment |
| 0:26.8 | and you should not expect to be protected if something goes wrong |
| 0:29.9 | This is John Bachelor from a much longer conversation with my colleague Chris Regal of scholar.com. |
| 0:36.8 | We turn to AI and the hype on Wall Street is one thing. |
| 0:41.9 | The facts in Chris's business, business to business, |
| 0:46.0 | following very carefully sales and foot traffic around the world in all manners of businesses |
| 0:52.1 | on all continents. Will AI make |
| 0:55.7 | prosperity? Will it increase prosperity? Will it lead to breakthroughs in all |
| 0:59.9 | directions? Innovation. Chris has a very careful answer. Reminding all of us these are |
| 1:05.4 | early days. Here's Chris. As with all new technology, there's opportunity around |
| 1:12.1 | AI that will have societal change to it because |
| 1:16.8 | many jobs that are done by humans today can be done by AI. I don't think we have |
| 1:21.2 | to worry about Terminator robots hunting any of us down in the near future, |
| 1:26.0 | but there will be change in many sectors and it will likely go to points where humans today may be able to do a task that can be now done by AI for |
| 1:35.4 | 150th or 1 100th of the cost with better precision. So it will have impact on |
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