ilmscore | The One Thing That Protects Your Income from AI

Predictions from this Video

Total: 24
Correct: 0
Incorrect: 0
Pending: 24
Prediction
Topic
Status
Up to 30% of all jobs in the US are predicted to be affected by AI within the next five years (by October 2030).
"As many as 30% of all jobs in the US could be affected by AI within the next five years."
AI & Job Displacement
Pending
Data analyst is predicted to be one of the first jobs to be replaced by AI.
"data analyst is like number one job for a job that's going to get replaced... software engineers... coming for lawyers, paramedics. Like it's really going to impact the whole economy."
AI & Job Displacement
Pending
AI is predicted to impact white-collar jobs like product managers, software engineers, lawyers, and paramedics.
"Whether it's product managers or software engineers, another job that has been like a really highly soughtafter, highly paid skill over the last couple years are coming for lawyers, paramedics. Like it's really going to impact the whole economy."
AI & Job Displacement
Pending
AI will not be able to own assets for the foreseeable future.
"the one thing AI really can't do right now or probably for the foreseeable future is like own assets."
AI Capabilities
Pending
Trade jobs, such as plumbing, are predicted to offer greater stability and high earning potential compared to technology jobs in the AI era.
"Why would I go get that technology job that could go away in a week when I can go learn how to be a plumber and make $1500 to $200,000 a year starting out?"
Job Market Trends
Pending
AI tools will enable real estate businesses to operate better, grow, and scale faster by automating time-consuming tasks.
"AI will help us operate our businesses better... helping us do things that typically took a lot more time to do, which will can can technically help you grow and scale your real estate business faster now by leveraging some of the AI tools"
AI in Real Estate
Pending
AI will bring convenience to real estate investing processes but will not fundamentally change the core methods of finding and monetizing value in properties.
"all AI is going to do for us is help us get that more conveniently. But the how hasn't changed and I don't think it is changing."
AI in Real Estate Investing
Pending
Basic market and deal analysis skills are predicted to become largely automated by AI software.
"market analysis and deal analysis... It's not a skill anymore. It's a button on a piece of software."
Real Estate Skills
Pending
AI tools will make it easier for novice investors to identify decent real estate deals without extensive personal market or deal analysis skills.
"I think there are enough tools out there that are sophisticated enough that if you don't know how to analyze a deal or analyze a market, you could probably use some of these tools and pick a decent enough deal in a decent enough market."
Real Estate Investing Access
Pending
Deal finding and value-add construction skills are predicted to be enduring competitive advantages for real estate investors in the AI era.
"you're great at deal finding. I think that's always going to be true... But I think that and like value ad construction are like the two things that are like really going to endure in this business and they're things that you really need to learn."
Real Estate Skills
Pending
AI is predicted to create new, currently unknown problems in the future that will require new solutions and skill sets.
"We kind of have to give this some time to help us identify what problems AI is going to create so that we can figure out if our skill sets can create solutions to those problems. like we just we don't know the problems yet."
AI Impact
Pending
Normal human interaction skills are predicted to become rare and highly valuable in the future.
"Just normal human interaction. get good at that because I actually think that's going to be uh one of the things that is rare in in the future."
Future Skills
Pending
Proficiency in effectively utilizing AI tools is predicted to emerge as a critical skill.
"the other skill that's going to emerge for sure is like who uses AI the best."
Future Skills
Pending
30% of all jobs in the US are predicted to be affected by AI by October 2030.
"As many as 30% of all jobs in the US could be affected by AI within the next five years."
AI Impact on Jobs
Pending
AI will not be able to own assets for the foreseeable future.
"the one thing AI really can't do right now or probably for the foreseeable future is like own assets."
AI Capabilities
Pending
AI tools will enable real estate businesses to operate better, grow, and scale faster by automating time-consuming tasks.
"AI will help us operate our businesses better through helping us do things that typically took a lot more time to do, which will can can technically help you grow and scale your real estate business faster now by leveraging some of the AI tools"
AI in Real Estate
Pending
The human element will remain integral to the real estate industry.
"you just you can't take the people out of real estate. It just it's not a thing."
Real Estate Industry
Pending
The core real estate investing strategy of identifying, adding, and monetizing value will continue indefinitely.
"the goal still is has always been and will continue to be for the foreseeable future is to find something that has opportunity for you to make it more valuable and then you make it more valuable and you monetize the higher value."
Real Estate Investing Strategy
Pending
AI will primarily increase the convenience of real estate investing without fundamentally changing its core methods.
"And so all AI is going to do for us is help us get that more conveniently. But the how hasn't changed and I don't think it is changing."
AI Impact on Real Estate Investing
Pending
Market and deal analysis in real estate is no longer a unique skill, as software/AI can perform it easily.
"It's not a skill anymore. It's a button on a piece of software."
Real Estate Skills
Pending
Deal finding and value-add construction are identified as two skills that will provide a competitive advantage and endure in the real estate business amidst AI advancements.
"you're great at deal finding. I think that's always going to be true... But I think that and like value ad construction are like the two things that are like really going to endure in this business and they're things that you really need to learn."
Enduring Real Estate Skills
Pending
Normal human interaction is predicted to become a rare and valuable skill in the future.
"Just normal human interaction. get good at that because I actually think that's going to be uh one of the things that is rare in in the future."
Human Interaction
Pending
Face-to-face interactions in real estate will continue to be necessary.
"But the face-to-face interactions are not going to go away."
Human Interaction in Real Estate
Pending
The ability to effectively use AI will emerge as a crucial skill in the future.
"the other skill that's going to emerge for sure is like who uses AI the best."
Future Skills
Pending