Humanity Elevated Future Proofing Your Career - AI Economics Blueprint Launch

Episode Date: March 18, 2025

This podcast explores how AI is fundamentally reshaping the global economy, as detailed in "AI Economics Blueprint"1 .... Discussions will cover AI-driven automation and its impact on wealth, jobs, and business models3 .... A key focus will be on ethical considerations, including fairness, privacy, and sustainability in AI deployment6 .... The podcast will also analyze AI's revolutionary role in finance, healthcare, and other sectors6 .... Furthermore, it will examine AI's influence on global economic competition and governance12 .... Finally, the podcast will delve into India's specific AI transformation and the necessity for responsible AI practices15 ....keep_pinSave to notecopy_allthumb_upthumb_down

All right, let's dive into this. AI economics. Big topic. You have a book coming up. AI economics blueprint, right? Hitting Amazon March 24, 2025. And we're here to kind of unpack it, give our listeners a sneak peek.

Well, it's interesting. The book really looks at AI not just as technology, but as this force that's going to, well, it's already reshaping the global economy. So it's not just for the tech geeks. It's really about the big picture, like how AI is changing the rules of the game for, well, just about everything.

Yeah, for everyone, really. It's about how AI is becoming a core factor of production, like alongside land, labor, and capital. Like the book actually predicts that by 2030, AI's contribution to global GDP is going to surpass human labor. Wow. Okay, 2030, that's, that's sooner than we think. So, you know, I was looking through the book

and one of the things that really jumped out at me was this whole idea of AI-first businesses. What makes these companies so different and why are they poised to just kind of take over? Yeah, the book dives into some great examples. So these companies are built with AI as like the foundation. It's not just something they add on later. They use AI to personalize the customer experience, to set prices all in real time. And they're projected to grow like 40% a year, which is huge compared to

traditional businesses that are stuck at maybe 12%. That's a big difference. It really underscores how businesses need to adapt, right? Or else they're going to be left behind. But with all this automation, one of the big questions everyone has is, what about jobs? What happens to the people? What does your book say about that? Well, it doesn't shy away from that. The book really dives into the automation economy and acknowledges that, yeah, there's

a potential for job displacement, but it also goes into potential solutions like universal basic income, UBI, and even AI taxation to address that potential wealth inequality that could come about. That's a crucial point, I think. So it's not just about the technology itself, but like the social impact, right? Yeah. The human side of all of this.

Exactly. It's about the big picture. And to really bring it home, the book goes deep into how AI is changing specific industries. Like, take finance, for example. AI hedge funds, they're already outperforming human-led firms by, like, a significant margin. Something like 27%. 27%. Wow.

Yeah, that'll definitely get people's attention. It's not just theory, right? AI is already winning. And I'm guessing the book goes beyond just finance. Oh yeah, definitely. It covers everything from AI and healthcare, where algorithms can diagnose diseases earlier and more accurately, to manufacturing. I mean, you've got these AI-powered robots that are revolutionizing factories. And e-commerce, even e-commerce is getting a makeover with AI-driven personalization and, you know, making supply chains more efficient. It's amazing how widespread AI's impact really is. So, I mean, this book, it really drives

home the point that AI is not just some tech trend. It's the future of, well, the entire global economy. Absolutely. And, you know, speaking of the future, one chapter that I think is particularly interesting is the one on India's role in this whole AI revolution. The book really highlights how India is positioned to be a major player, you know, with its growing tech sector, its massive population, and its national AI strategy that's really focused on AI for all. That's interesting. I remember reading about some Indian AI startups like Haptic and Nikke.ai

that are doing some really cool stuff. And yeah, the government is really pushing for AI adoption across all sectors. So India is not just a market for AI. They could actually become a leader in shaping its future. Exactly. The book really makes the case that India could be a major force in the global AI landscape, not just a participant, but a real leader.

Back again for more of the deep dive. And wow, we really just scratched the surface of AI economics blueprint. This AI revolution, it's huge. It really is. Well, it's one thing to say AI is gonna impact, you know, everything, but then when you actually see how it's changing specific industries, even like entire countries, that's when it really hits home. Right. And one of the things the book really digs into is the environmental impact of all this AI. It's easy to think of technology as clean, virtual. But actually, training these massive AI models,

it takes a ton of energy. You know, I hadn't really thought about that much. So does the book quantify how much energy we're talking about? It does. There's some research cited that says, get this. Training just one large AI model, it can use as much electricity as like 100,000 homes

in a year. Uh-huh. Think about that, a whole small city. That is, wow, that's a huge carbon footprint. So I mean, if AI keeps growing at this rate, are we basically looking at an environmental disaster? Well, the book, it doesn't sugarcoat the risks, but it also talks about ways to create a more sustainable AI

future. One key area is, well, developing algorithms and hardware that are just more energy efficient, and then, of course, shifting to renewable energy for those massive data centers that AI needs. So it's not just about raising the alarm. It's about finding solutions, too. Exactly.

The book even talks about something called green AI, where AI is actually used to optimize energy consumption, reduce waste, combat climate change. So AI as a tool for good for the environment. OK, yeah, that's a more hopeful outlook. It makes you realize, I guess, that we have a choice in how we develop and use AI. It doesn't have to be this either-or thing between progress

and the environment. No, not at all. The book really drives home the point that the future of AI isn't set in stone. It's up to us to make the right choices, to prioritize sustainability so that we end up with an AI ecosystem that actually benefits humanity and the planet, both.

That's a good point. You know, another thing the book gets into is AI in global competition. It's almost like AI is becoming this new kind of arms race between countries. Yeah, that's a really interesting way to put it. The book argues that AI is shifting the balance of power globally. The countries that are ahead in AI research and development,

they're gaining this big advantage economically and strategically. It makes you wonder, what will the world look like in, say, 20, 30 years if this keeps going? Will we have just a few, like, AI superpowers that dominate everything? That's a good question. The book explores those possibilities, for sure. It looks at how AI is creating these new economic winners and losers, how it could reshape trade patterns, and yeah, even change the balance of power between countries. It's like this, I don't know, geopolitical thriller playing out in real time. It's a lot to think about. I mean, AI is not just a trend. It's like this force that's

reshaping everything. And speaking of reshaping, the book also goes into AI and social justice. Does it talk about how AI could either make existing inequalities worse or actually help make things more fair? Yeah, the book emphasizes that at the end of the day, AI is a tool. And like any tool, it can be used for good or bad. So yeah, if we're not careful, AI

could actually widen the gap between the haves and have-nots. But it also has this potential to level the playing field and create a more just and equitable society. So it's like this balancing act, right? Finding that right balance. So what are some like concrete examples the book gives for how AI could be used to promote social justice? Well it talks about a lot of possibilities like AI could be used to identify and fix bias in hiring or to make sure lending decisions are fair. It could help improve access to health care for, you know, underserved communities and even personalized education. So everyone has a chance to learn and succeed. So it's about, you know, using AI

intentionally to make the world a more inclusive and equitable place. Yeah, those are some really powerful examples. It really shows how AI can be this force for good. But also, it highlights how important it is to be mindful of the potential downsides too. Absolutely. And one of the things that really stands out in the book is how it stresses ethical AI. It's not just a side note.

It's like a core principle that runs through everything. So what are some of the key principles of ethical AI that the book lays out? Well, it talks about things like fairness, transparency, accountability, and human control. So AI systems, they need to be designed and used in a way that doesn't lead to bias or discrimination. There needs to be transparency so we can understand

how decisions are being made. And really, at the end of the day, humans need to stay in control. AI should serve humanity, not the other way around. That's a lot of responsibility. So it sounds like ethical AI is not just about, you know, avoiding harm, but also about using AI to actually make the world a better place, proactively. Exactly. It's about making sure that AI aligns with our values, you know, as a society, and that we use it to help people thrive. That's a powerful message and it's woven throughout the whole book.

You know, as we're talking about all this, I'm realizing that this book, AI Economics Blueprint, it's not just about the economic impact of AI. It's almost like, I don't know, a philosophical look at how to, you know, navigate this whole AI revolution in a way that actually benefits everyone. That's a really good point.

The book does challenge readers to think deeply about AI and what it means for, yeah, not just the economy, but society as a whole. It's like a call to action, you know, to get involved and help shape the future of AI. A future that, you know, has so many possibilities, but also potential pitfalls too. And this book, it feels like it provides a roadmap, a way

to navigate that future so that we can make smart choices that lead to a world where AI really does empower us, you know? Enhances our lives, helps us solve problems. I think that's a great way to put it. It's a powerful message, and I think it will resonate with readers

from all walks of life, you know? Whether you're in business or government, a student, or just, well, anyone who's curious about what's coming next. We've covered so much in this deep dive, but I feel like we've barely scratched the surface of what this book has to offer. There's a lot more to unpack for sure, but before we keep going, maybe it's good to just take a moment, let everything sink in.

It's a lot to process. Yeah. To our listener, think about what really stands out to you from what we've talked about so far. Are you excited about AI and the potential it has or are you more worried about the risks the ethical questions? Those are questions we all need to think about especially as we're entering this new age of AI Welcome back. It's crazy how much we've already talked about with this AI economics blueprint You know from how AI is changing specific industries to, like, the big picture stuff, the environment, you know, global power, even

social justice. This book really covers it all. Yeah. And as we wrap up, I think it's important to, you know, step back and think about what all this means for, well, for capitalism itself. I mean, AI isn't just some, you know, temporary disruption. It's changing the fundamental rules of how the economy works. Yeah. One thing that really struck me in the book was the discussion of how AI changes business.

It's not just about making things more efficient with automation. It's about completely new ways of doing business. Yeah. Right. The book talks about companies that are truly AI first, where AI isn't just a tool, it's the core of how they operate. They're using AI for everything, from marketing and pricing to predicting when

equipment needs maintenance, even creating entirely new products that we haven't even imagined yet. Yeah. It's not just about robots on an assembly line replacing a few workers. It's so much bigger than that. AI is pushing businesses to think you know way outside the box Absolutely, the book makes the argument that AI is this like catalyst for innovation It allows companies to create new value to redefine what's possible and it's a stark contrast to you know Those traditional businesses that are stuck in their old ways and well, they're struggling to keep up, right? But with all this talk about you know innovation, there's also, well, the other

side of the coin. What about AI making income inequality worse? Yeah. The book definitely doesn't ignore that concern. As AI-driven automation become more common, there's a real risk that the benefits, the increased productivity, it'll mostly go to a small group of people and others will be left behind. And I mean, that could lead to some serious social problems if we're not careful. Yeah, it's like that old problem of the rich getting richer, but AI could make it even worse.

Does the book offer any solutions to that? It does. It talks about potential policies, like a universal basic income, UBI, to provide a safety net for those who lose their jobs to automation. And it also explores this idea of taxing AI so companies that are profiting a lot from AI would contribute to a fund that would support retraining programs and social welfare initiative. Okay.

So it's not just letting the free market figure it out. It's about actually doing something, using policies and regulations to make sure AI benefits, well, everyone. Exactly. That's a key message of the book. It's a call to action for policymakers, business leaders, really anyone who cares about the future

to start thinking about how we shape the AI economy so that it works for everyone, not just a select few. And as we're talking about shaping the future, one thing that worries me is, you know, AI stifling competition. What if, like, a few big tech companies end up controlling all the best AI? Won't that create monopolies and, you know, slow down innovation? Yeah, that's a legitimate concern. And the book does address that.

It talks about the need for strong antitrust laws to prevent those AI monopolies from forming. And it also explores other ideas like open source AI, where everyone can access and contribute to the technology, and decentralized AI networks to encourage more competition and innovation. It seems like finding the right balance between supporting innovation and preventing monopolies, that's going to be a huge challenge in the years to come. It is. It's a challenge we can't afford to ignore. The stakes are just, well, they're too high. The future, I mean, everything, the economy, society, even democracy.

It depends on how we handle this A.I. revolution. This has been wow. This has been an eye opening deep dive. A.I. economics blueprint doesn't just skim the surface, it really gets into the nitty gritty of the AI revolution. It's like a guide to the economics, social, even philosophical impacts of this technology. It's not just a book for tech experts or economists, it's for anyone who wants to understand what's happening in the world and the choices we're facing in this, well, in this age of AI.

And to our listener, the author of this book, as you get ready for your launch on March 24, remember, you're not just putting out a book, you're starting a conversation, a really important one. You're giving people the knowledge and insights they need to navigate this uncharted territory and create a future where AI benefits everyone. It's a future worth fighting for. And AI economics Bl blueprint. It's a great tool to help us get there.

And to all our listeners, thank you for joining us on this deep dive. We hope you're leaving this conversation feeling, I don't know, informed, inspired, maybe even a little challenged. Remember, the future of AI, it's not set in stone. We're creating it right now with every decision we make, every policy, every action. So let's be bold, let's be thoughtful, and let's use this incredible technology to build a world that's truly worthy of our intelligence, our compassion, our humanity. Thanks for tuning in to the Deep Dive. Until next time, keep exploring, keep learning, and keep pushing the boundaries of what's possible.