Why Artificial Intelligence Still Isn’t Reaching Its Potential to Help Humanity: The Missing Puzzle Piece
I’ve been thinking a lot about how Artificial Intelligence (“AI”) could be used to dramatically improve society – but why that doesn’t seem to be happening. I’d like to talk about why many of those efforts for good appeared to have stalled.
For the purpose of this paper, let’s call this concept of using AI to solve the biggest humanitarian efforts in the world, “AI for Good.” This isn’t an initiative that is widely discussed in the media. Most attention is focused on theoretical negatives and scare tactics around AI: dialogue about robots taking over, unstoppable technological warfare, and everyone out of jobs forever. Focus is also naturally on the things that are “cool” (like ChatGPT). To be fair, advancements like ChatGPT have been a revelation and a revolution in technology. And those developments rightfully captivate people.
But one thing we don’t talk about enough, is AI for Good.
The Butterfly Principle™
I’ve been wanting to write this paper for decades now. This blog centers on probably the most asked question I get in my life: “How did you solve that problem?” Or, “how did you accomplish what seems impossible?” Or, “how did you get to where you are in life?” These questions most likely come because the path doesn’t seem so clear. I’m writing today about a goal accomplishment method I created, called the “Butterfly Principle”. I refer to this process a lot, and I will continue to in many other writing and interviews, because it is really a concept on how I solve problems, accomplish goals, and create opportunities. Let’s dive in…
My New Adventure
In 2022 my wife and I started investing in alternatives. No, not those alternatives (Crypto) but the other alternatives, the much larger alternative markets including commercial real estate, natural resources and private debt. We didn’t know about these investments before then, and we were surprised to learn that the majority of people we knew also didn’t know about them. This is still the case today!
These types of alternative investments can potentially have much higher returns than stocks, bonds and other types of investments, and they come with tax benefits in the form of depreciation. The bottomline – you get to potentially make more money and keep more of it.