We are seeing massive changes taking place. This is going to have an enormous impact upon our lives, including financial. Everything from career to education to investing is going to be radically altered.
In this video I discuss how the concept of the Metaverse is a sign of what is coming. Those who pay attention to this will understand, to a degree, how things are going to evolve.
▶️ 3Speak
I am relying on LeoFinance to know about the big picture. We got plenty of great minds here so I think I will learn about the big picture over the next few years.
Posted Using LeoFinance Beta
Metaverse sounds like a killer name for a rock band, too bad I'm clueless about music
Posted Using LeoFinance Beta
“A bear will make you humble.” reminded me of this. It’s not exactly what you were talking about but it’s kinda the same.
Summary:
In this video, the speaker emphasizes the importance of having a clear vision of the big picture in terms of financial education. He discusses the significance of understanding where we are heading financially, why we are taking certain actions, and how this applies to various aspects of our financial lives. The speaker provides an example focusing on technology, highlighting the evolution from Web 1.0 to Web 3.0, and the opportunities presented by advancements in the digital world. He stresses the need for long-term thinking, staying focused amidst market fluctuations, and actively participating in the changing technological landscape to benefit from the substantial wealth creation expected in the next 15 to 20 years.
Detailed Article:
The speaker delves into the essence of financial education in this video, emphasizing the critical role of perceiving the big picture in shaping our financial future. By having a clear blueprint of where we are heading and understanding the rationale behind our financial decisions, individuals can navigate various aspects of their financial lives more effectively. While acknowledging the broad applicability of this concept, the speaker narrows down the discussion to technology, a domain he feels well-versed in.
He distinguishes between companies that embrace technology and those at risk of obsolescence, using Walmart as an example of a traditional retailer successfully transitioning into a leading tech company through investments in AI, robotics, e-commerce, and autonomous vehicles. The speaker then transitions into a historical perspective on the evolution of the internet, contrasting the earlier perception of its impact with the upcoming era of Web 3.0. He highlights the vast opportunities presented by the upcoming technological advancements, emphasizing that the future will bring unprecedented wealth creation compared to previous decades.
The speaker underscores the need for patience in technological development, citing the example of the internet's gradual progress from its inception in the 1970s to achieving critical mass in the early 2000s. He elucidates the concept of the multiverse/metaverse, portraying a future where decentralized and open-source platforms will coexist with centralized entities, offering broader opportunities for content creators and data generation.
Discussing the inevitability of disruption in technology and its accompanying uncertainties, the speaker emphasizes that such periods also yield significant opportunities for those who maintain a long-term perspective. He cautions against being swayed by short-term market fluctuations and advocates for proactive financial habits such as budgeting, saving, strategic investments, and long-term planning to capitalize on the transformative trends unfolding in the digital realm.
In conclusion, the speaker urges viewers to actively engage with evolving technologies, develop necessary skills, and allocate resources effectively to position themselves for the unparalleled wealth creation anticipated in the coming years. Emphasizing the necessity of understanding and participating in the changing landscape, he encourages viewers to adopt a long-term mindset and not be deterred by market volatility, emphasizing that the forthcoming technological advancements will far surpass the wealth generated by earlier tech giants like Amazon, Apple, and Google.