You need to make passive income before AGI comes in "2026"

AGI is Artificial General Intelligence. It is the super intelligence that everyone loves or fears.

The western world is built on capitalistic ideals.

This means money (aka capital) is the key driver of the economy.

It is not about how many hours you work, how hard you work but rather how much capital you have and how you deploy it.

(Don't get me wrong - I value hard work and I work on my business every day. But a capitalistic society is about investing capital correctly)

AI agents - basically robots that can perform a series of tasks and analyze it with AI will be phasing out "labour" in the economy.

Repetitive tasks get automated.

Manual tasks are done by robots (cost $15,000 each).

Customer service is now done by AI chatbot (I love interacting with them but this means there are less customer services jobs)

So if AGI arrives in 2026, this means there will be mass unemployment as society takes time to adjust.

In case you get laid off (touch wood), you need to learn how to make passive income now.

Computer programmers already know the number of job posting decline signiifcantly. 25% of Google's new code is writtern by AI. Nvida uses AI to design new chips

Accountants already know 80% of their work are offshored to delivery center and more will be automated

Doctors are now using AI to identify cancers and lawyers are using AI to draft agreements / summarize them.

My friend who is using AI to write code save hours in coding.

I personally use AI to code (even though I have a basic coding background). I use AI to do video editing even though I am not trained in film school. I use AI to write emails / draft legal agreements and more.

In other words, the "mass labour" component is being phased out.

We are frantically searching for new work, new ways to do things and searching for more innovation.

Before we figure out how society will adjust to this change, it is important that you develop multiple streams of income.

This is also one of the reasons why the monthly passive income strategy in Investing Accelerator is so popular.

Instead of waiting for the government to give us Universal Basic Income, you need to figure out how to generate income on demand, monthly.

Cheers,

Eric

-----

Eric Seto

Chartered Professional Accountant (CPA)

Chartered Investment Manager (CIM)

Founder of 5MinInvesting.com

In November, my goal is to help 5 people without a financial background to master investing through Investing Accelerator.

Investing Accelerator is designed for people without a financial background.

The goal is to achieve 30% return per year.

In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth.

In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals.

If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year.

During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve.

If you have any questions about the program, you can ask during the call as well.

Schedule a call here: https://bit.ly/48mJlgR

Remember to go to the Classroom tab for additional investing resources.

9 comments