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Kerry Lutz's--Financial Survival Network

Sep 7, 2021

What does the future look like in the tech world? Today we have Eric Pilon-Bignell on the podcast to discuss the current realm of tech, as well as what to expect in the future. We live in a fast paced world and have found ourselves in the fourth industrial evolution—to where advancements such as AI and 3D printing are changing the way that we live as well as how larger scale industries run. Tune in to get an inside view of the tech sphere and to think further about how it is functioning in our economy.

-What is the future going to look like in terms of tech?
-Looking ahead to the future, what trends are we seeing and how do we make money off of them
-We started with the industrial revolution—we are now on our fourth. We need to consider what we need in order for this revolution to progress
-We live in a fast, interesting world, and we are now seeing many specifics within technology and exploding trends (i.e. buzz words like AI)
-Anytime we take physical offerings and digitize them, it leads us somewhere new (i.e. peloton)
-There are blurry boundaries of how we are progressing, and it’s hard to predict what will take off first
-Self driving vehicles have the potential to affect people in certain jobs, as well as specific markets, such as insurance companies. It’s not going to happen overnights, but we can see the indicators
-It’s hard to place blame on something operated by Artificial Intelligence
-If you invested in Blackberry, Nokia, and Apple, what you made from Apple would have cancelled out the losses of the others.
-Aerial technology and 3-D printing give way to a lot of opportunity in production
-3D printing lessens the need to drive around and deliver large quantities of product, and overall it changes many industries

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