Part 9/11:
He emphasizes that ownership instills a sense of independence and motivation and advises young Americans to pursue opportunities that build market valuation and equity in various forms—stocks, cryptocurrencies, or employee share programs—rather than solely focusing on homeownership.
The Disruptive Power of Technology and AI
The conversation also considers technological disruption, especially the rapid advancement of artificial intelligence. PBD cites the example of Google’s declining stock following the launch of new AI tools like Atlas from Chad GBT, illustrating how quickly market share can shift. The speed of disruption is much faster today, with industries and social norms already being transformed at an unprecedented rate. Preparing the next generation for this reality is crucial.