Artificial Intelligence: Should We Be Afraid?

Click the play button to hear the episode or skip around to certain topics!

Join Don and Marc as they dive into the fascinating world of artificial intelligence. Discover the potential risks, benefits, and the ever-expanding reach of AI across various industries. From AI-generated music and artwork to robo-advisors and facial recognition, AI is revolutionizing the way we interact with technology. In this episode, we’ll explore the origins of AI the blurred lines between reality and AI, and ultimately answer the question: should you be worried?

 

Join Don and Marc as they dive into the fascinating world of artificial intelligence. Discover the
potential risks, benefits, and the ever-expanding reach of AI across various industries. From AI-
generated music and artwork to robot-advisors and facial recognition, AI is revolutionizing the
way we interact with technology. In this episode, we’ll explore the origins of AI the blurred lines
between reality and AI, and ultimately answer the question: should you be worried?

Artificial Intelligence or AI, which is something that we are constantly hearing about. We will
dive into it and talk about the potential risks as well as the benefits and some land minds to
avoid as consumers and also investors in this technology.

Here’s some of what we discuss in this episode:

  • The idea of AI has been around for a long time, and this technology will only become more common. [3:36]
  • The “technology turn” during COVID + Chat GPT. [10:41]
  • AI should be used as a tool and not to replace people. [14:33]
  • How video and voice technology is rapidly advancing. [18:38]
  • What can we do to protect ourselves? [21:02]
  • Being smart with your investing strategy. [24:11]

If you have any questions about what we discussed in this episode, please reach out and we’d be happy to provide answers.

 

Resources mentioned on the show: 

ChatGPT – https://openai.com/blog/chatgpt

Tom Cruise Video – https://www.youtube.com/shorts/l7FH_-GAlz8

 

Share the Show, Share the Knowledge!

Facebook
LinkedIn
Email

ABOUT YOUR HOST...

Donald W. Cash – CPA, CFP®, is an independent advisor. After graduating from Rutgers University, he began his career in 1985 as an accountant. In 1990, he entered the field of Estate Planning, concentrating on long-term care planning. Don has been advising clients in the baby boomer and retirement market for 20 years. He has helped over 1,000 families with their planning needs.

Don advocates for a holistic approach to Estate and Financial Planning and has relationships with other professionals including Attorneys, CPA’s, Mortgage Specialists, Insurance Specialists and Asset Managers.

He is married to Cathy and they have 4 children, Carly, DJ, Nick and Tori. They live in Freehold, NJ.

Don't Stop Here...

Your Health Span vs Your Life Span

We are all familiar with the term life span and the concern inflation and social security changes may impact living a long life. Today, we are going to talk about “health span” and what we need to think about as we live longer, and hopefully healthier, in retirement.

Social Security Cost Of Living Changes For 2024 – What Does That Mean For You?

In this episode, we’re taking a look at the new Social Security cost of living changes for 2024. Join Don and Marc as they decode the Consumer Price Index (CPI) and its impact on Social Security and retirement planning. They uncover the intricate world of CPI categories, from CPI-U to CPI-W, and how they determine Social Security cost of living adjustments.

Government Bonds Downgraded – What Does That Mean to Me?

Why is this downgrade happening now and what does it mean to us as we save for and in retirement?
We want to explore that in this episode and get Don’s perspective on what happened after the last downgrade and try to determine what we can do as investors to protect ourselves moving forward.

WAYS TO CONTACT

(732) 784-2867

don@donaldcash.com