09.15.26 Ask An Advisor With Wes Moss

I think our audience maybe by now realizes that about half of my stories, maybe more, come from, the genesis is usually some conversation with my kids.

Because I have four of them, and they're high school, so they're thinking about college.

I've noticed I've talked a lot more about college this year than I have in past years on radio and podcasts.

I'm getting pinged from let's call it the Moss family asking questions.

[laughs]

One was about a- artificial intelligence.

How's that... "Hey Dad, I...

How is this...

I...

My GPT is terrible.

How is this supposed to take over the world?" [laughs] But this topic kind of came from two places.

One, The Wall Street Journal just did an article about it, and two, I had a conversation recently with my kids about considering low tech in a very high-tech world.

The world is as high-tech as it's ever been.

There's worries, this, the headlines this week worries about artificial intelligence literally taking over and destroying humanity.

[laughs]

Right.

Everything is about technology, and if you look on social media, which The Wall Street Journal mentions, the flair and the glamour is around wealth that comes out of usually tech.

Mm-hmm.

The reality is a massive part of this economy is built on low tech, and in some cases almost no tech.

And if you think about when you're competing in the world, and I'm thinking about what are my kids...

We all think about that.

What are my kids gonna do to make a living in America-

Right

...

if they're not some sort of computer-aligned industry or high technology somewhere? Not bad at all, but what if you're not in that camp? And the answer is that this term everywhere millionaires, which is a concept which is very similar to the millionaire next door, but it's a little bit more about how Americans have gained great wealth in low-tech jobs, in the jobs that are not glamorous, that w- you don't hear a whole lot about.