After Bitcoin Crash Forecast, Robert Kiyosaki Alerts About AI
Robert Kiyosaki is a famous finance advisor and the author of the book Rich Dad and Poor Dad. He has been part of the industry for a long and has not missed a chance to alert his followers of upcoming opportunities and threats. Recently, he talked of the biggest Bitcoin price crash, with other assets following the same. However, the exact date is not out, but the recent market crunch was a possible hint to that.
The author has again made an interesting forecast, but it is not financial advice, as Robert Kiyosaki has spoken of the AI menaces this time.
Robert Kiyosaki Claims AI Will Eat Millions of Job
On July 17, Robert Kiyosaki posted an X video post with the CEO of McElroy Investment Real Estate Services, Ken McElroy. In this video, Kiyosaki talked about various things, focusing on financial greatness. However, by the end of the video, he anticipated that Artificial Intelligence would be affecting millions of jobs in the upcoming days.
In this video, my good friend and partner, Ken McErloy and I refect on a range of topics. I share my journey from a Vietnam pilot to successfully raising capital for multiple companies and explain the value of real-world experience over formal education. Keep watching and Ken as… pic.twitter.com/yp35yJJRjU
— Robert Kiyosaki (@theRealKiyosaki) July 17, 2024
The video was full of advice from these two people’s experiences combined, which also circled the basic jobs like drivers and builders will stay in the market, but the job without skill or talent will not last longer as the AI will take over, making millions of people jobless. He warned the straight-A people or the ones who depend on college degrees without getting real-life experience about hanging on a cross for Easter.
AI is the thing that I’m watching because AI is artificial intelligence. It’s gonna put millions out of work, that is my prediction, said Robert Kiyosaki
AI Dominance Will Bring The Bitcoin Price Up
Along with AI, Kiyosaki also talked about the financial situation of America. The video covered the issues with the US government’s printing more money to compensate for the demand, which will eventually destroy the country the way Zimbabwe did. He connected this AI, causing millions of people to lose their jobs, to the government’s preferred solution of printing more money, which will be a destructive decision.
What’s the US government or the world government gonna do when you have millions of millions of people unemployed (with AI taking over jobs)? I think they will print more money.
Though this is a concerning decision, Robert Kiyosaki believes it will increase the hard assets price. As per his forecast, hard assets like Bitcoin, Gold, and Silver will rise when the economy collapses.
However, the Exchange Traded Funds (ETF) are not on this list. Ken McElroy, the co-host of the video, has regarded ETFs as paper gold and advised people to reach out to real gold, not this.
Final Thoughts
Robert Kiyosaki’s forecast is not new for the Artificial Intelligence killing millions of jobs. People have been talking about it for years now, especially after analyzing the industry’s rapid growth. Additionally, Robert has hinted at the Bitcoin, Gold, and Silver prices rising when this happens, as it is among the hard assets that will bear the challenges like a declining economy.
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