Robert Kiyosaki, the famed finance advisor and author of “Rich Dad Poor Dad,” has issued a new warning, this time about the potential dangers of artificial intelligence (AI). Following his recent prediction of a major Bitcoin price crash, Kiyosaki now alerts the public to the looming threat of AI on employment.
In a recent video post on X, Kiyosaki discussed various topics with Ken McElroy, CEO of McElroy Investment Real Estate Services. The conversation initially focused on financial strategies, but Kiyosaki shifted gears to discuss the potential impact of AI on jobs. He predicted that AI would render millions of jobs obsolete, particularly those that require minimal skills or talents.
Kiyosaki highlighted that basic jobs like drivers and builders might persist, but roles lacking real-world experience or practical skills are at high risk. He advised against over-reliance on formal education without acquiring hands-on experience, suggesting that those who do so might face significant challenges in the AI-dominated future.
In the video, Kiyosaki stated, “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.” He emphasised the severity of the situation, linking the rise of AI to the potential downfall of many traditional job sectors.
Additionally, Kiyosaki connected the AI threat to broader financial issues. He criticised the US government’s practice of printing more money to meet demands, drawing parallels to Zimbabwe’s economic collapse. He suggested that widespread job losses due to AI might prompt the government to print even more money, a move he believes would be catastrophic.
“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,” Kiyosaki warned.
Despite the grim outlook, Kiyosaki predicted that this scenario would increase the value of hard assets like Bitcoin, gold, and silver. He expressed skepticism about Exchange Traded Funds (ETFs), calling them “paper gold,” and advised people to invest in physical gold instead.
Kiyosaki’s latest warning adds to the growing discourse on the impact of AI on the workforce and the economy. As he continues to share his insights, his followers remain alert to the potential challenges and opportunities that lie ahead.