AI will 10x these 8 industries in the next decade
Shaan Puri walks Sam Parr through eight industries, from drugs and food to warfare, housing and prosthetics. He argues AI's biggest payoff is in physical things, not software or content.
The gist
-
Shaan says making content or software with AI is a race to the bottom, and the real opportunity is AI in the world of things.
-
Shaan notes a new drug typically took 10 years and $2 billion with an 80 to 90% failure rate, which AI-driven drug companies could change.
-
Shaan says prefab homes can be built 20 times cheaper, pointing to Zuru Tech's automated factory in China and its earthquake simulator.
-
Shaan says his Tesla drives about 95% of his miles, and self-driving is spreading to forklifts, skyscraper window cleaners and bridge maintenance.
-
For people choosing what to work on next, Shaan suggests picking five companies you'd invest $10 million in, to think like an investor.
"Self-driving cars are definitely here. I get in my Tesla every day. I push the button. It drives 95% of all the miles. The only time I take over is basically in parking lots where I want to pick my spot."
▶ Play at 18:377 creators recommend it, including John Coogan, Joe Rogan, and Jordi Hays.
See all on the Tesla Full Self-Driving pageWhat they recommend · 1 pick
"Self-driving cars are definitely here. I get in my Tesla every day. I push the button. It drives 95% of all the miles. The only time I take over is basically in parking lots whe..."
My First Million, Riley, Ali and Peter agree on 34 things
See what they all use, in their own words. Paid ads are left out.
See what they all swear by Or pick your own peopleAlso mentioned
Ads in this episode
Starter Story. They're paid, so we keep them out of the picks above.
See what My First Million recommends without being paid →Related episodes
Episodes covering similar topics