The Next Trillion Dollar Industry? Augmented Reality with Jay Samit

The Tai Lopez Show

Tai Lopez

Business

4.8 • 6.9K Ratings

🗓️ 11 January 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

“If the PC changed the world. And then the Web changed the world. And then mobile changed the world. Then augmented reality is exponentially bigger because all of those feed into it.” - Jay Samit

(click to tweet)

It wasn’t just the miners who got rich during the Gold Rush.

It was the apparel companies, the shovel manufacturers, the restaurants and bars in the area; with any trillion dollar industry comes the opportunity for many million dollar businesses to pop up. Augmented reality is the next trillion dollar industry, and it’s time you carve out your portion of the pie.

On today’s episode of The Tai Lopez Show, we are joined by Jay Samit, the bestselling author of Disrupt You! to educate us on how to disrupt the augmented reality world. He is the Independent Vice Chairman of Deloitte, and his experience in technology spans across many different industries. His insights on how technology disrupts industry will help you carve out your million-dollar niche in augmented reality before anyone else does.

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“Every month there’s a new self-made billionaire. They didn’t go to the right schools, they don’t come from the right families, but they are looking at how the world changes and how to seize an opportunity from that change.” - Jay Samit

(click to tweet)

Points to Keep In Mind

Pick a competitor-free industry and stake your claim as the world’s expert
When dinosaurs fight for turf, be the mammal that sneaks in and carves out a corner
Augmented reality isn’t just about adding to the environment, it’s about subtracting
Examples of new AR technologies: software that can tell if a person’s gait is suspicious or if body temperature is high/at risk for ebola
Big opportunity with AR to bypass employee training and equip new-hires with technology that makes them a professional (ex: electricians)
Lots of opportunity in the UI/UX of AR-technologies
Moore’s Law says the price of AR or any tech will halve each year
AR integrates perfectly with cryptocurrency

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Transcript

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0:00.0	Americans bought 85 million pairs of glasses for over $100.
0:04.0	All that they do is focus.
0:05.0	So if that same pair of glasses would translate any street sign,
0:08.0	you're in Paris, you're in Cambodia, into English,
0:11.0	and it was the same price, which would you buy?
0:13.0	There's glasses today that you pay a little more to have polarizing.
0:15.0	So, you know, you go outside in a sunglasses or anti-glare, right?
0:18.0	Yeah.
0:19.0	So now we're talking about that you're going to have heads-up display.
0:28.1	All right, welcome to today's Ty Lopez show. I have a very special guest. He is the independent
0:33.6	vice chairman of Deloitte. He is bestseller. If you have not read this book, you haven't been
0:40.6	checking my books list because his book on disruption, I mean, really you're maybe the world
0:46.8	expert on disruption, disruptive industries, innovations, you teach at USC, you were on lifestyle, rich or famous when you were young,
0:56.8	because you had, what, six video games?
0:59.5	At one point, I had seven of the top ten best-selling video games, but that was many decades ago.
1:04.3	And that got you on lifestyle that rich or famous?
1:06.4	Yeah, well, if you think nowadays everyone wants to know the crypto billionaires or the dot-com billionaires,
1:29.3	the mobile. Right. Well, we were the first generation putting PCs out there. You were part of that. Yeah. I was the first guy to put video on a computer. I started on the internet before people knew what the internet was. Yeah. I'm old. What year was that? 1978. Wow. Wait, let's talk about it for a second. What was the internet in 1978? Was it military or something?
1:31.3	So it was DARPA.
1:32.3	And what it was is the big universities, UCLA where I went, connected to each other so the
1:40.3	government guys could figure out how to make bombs.
1:42.3	But you're a college kid, and you don't care about any of that. And you have to hook up to another college kid who understands computers at another campus. So what did we do? There was no screens back then. You would type jokes to each other. You would talk. Same thing we do today. So it hasn't changed since the 70s. I had that advantage of understanding what a networked world could be.
	...

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