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The Ramsey Show

Should We Be Worried About AI? (Hour 2)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 5 June 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

Dave Ramsey & George Kamel answer your questions and discuss: "Should we be panicked about AI?" "Should we sell our rentals to pay off our home?" The Vikings stadium is about to be paid off, Learning to overcome fear and spend money, "Should my husband have a Roth IRA?" "How do I stay motivated on Baby Step 3?" Support Our Sponsor: NetSuite Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Join a Personality-led FPU class. Click here! Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

It

0:28.0

from the headquarters of Ramsey Solutions broadcasting from the pods moving in storage studio is it's the Ramsey show where we help people

0:37.0

Build wealth

0:39.0

Do work that they love can create actual amazing relationships

0:45.0

Thanks for joining us America George Campbell Ramsey personality host of the George Campbell YouTube show you should check it out plenty of

0:52.5

There's a lot of fun there you're going to learn something and you're going to get going laugh and everything and our phone number here today

0:59.5

Triple eight eight two five five two two five that's triple eight eight two five five two two five

1:07.5

Peter is with us in Eugene Oregon. Hi Peter how are you?

1:12.5

Hi Dave I'm doing well I'm looking for some advice on handling the financial aspects of the panic that's starting and it's going to continue around AI artificial intelligence.

1:29.5

Where is the panic?

1:32.5

Well first of all they're looking at it as an existential threat.

1:39.5

I understand all the all the philosophical panic but you're talking about a financial panic I missed any financial panic.

1:46.5

Yes I've worked in the AI field for over four years and we're turning a lot of things over the AI including

1:57.5

I'm aware of that where is the financial panic actually occurring?

2:02.5

It's on the horizon and we're going to see bank accounts and mortgage paperwork that's moved around and gets lost and I'm wanting how to protect ourselves during this transition over the more AI

2:16.5

and those kinds of errors can come up.

2:21.5

Okay so there's not any there's no I'm going to stop a second I just want to make sure I'm real clear.

2:26.5

I don't disagree with you that AI is a big freaking deal.

2:30.5

But and that there's going to be a lot of things that we don't even know are going to happen are going to happen as a result good and bad by the way.

2:38.5

There's a lot of reason to be concerned and a lot of reason to be thrilled with the potential of AI.

2:45.5

What I'm trying to point out is that there hasn't been any financial panic happen yet.

2:52.5

Yes.

...

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