good morning folks welcome to the sense

of things once again a weekly Outlook of

what’s going on in the world what’s

going on in the markets what’s going on

in the economy and sometimes what’s

going on fun things in business Today’s

Show it’s gonna be exciting Ron’s gonna

take the lead on this one and we’re

gonna talk we’re gon to finish up his

list from the last show of the top 27 or

however many it was on even know at this

point this will be 11 through 17 of the

most interesting business facts we’re

also going to cover the fastest growing

jobs and Ron’s gonna go over some AI

tools so stay tuned and we’ll be right

back on in just one second

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all right guys welcome we’re glad to be

here Ron how you doing my friend good

morning doing well thank God the storm

is is through Florida just the

assessment’s going to need to be done

hopefully it’s not too bad yeah it’s

interesting I was watching the news

coverage this morning from the the

weather channels and quite frankly I

think it may even be as far as storm

surge wise it may actually be bad more

or damage wise it may have been worse on

the front or the back side of it more

than the front side because it the east

coast of Florida got whipped to death

with tornadoes and stuff yeah it’s all

bad so set we yeah we’re thinking about

all you folks that are down there

unfortunately with three pill three

million people out of power you may not

be able to hear us right now but we’re

thinking about you and praying for you

so Ron you’ve got some cool stuff I want

to talk about the the rest of your list

of fun things and uh let’s kick that

off all right let me know see the screen

it is there all right so we covered 1

through 10 uh week ago we’re going to go

through 11 through 27 pretty quickly

some of these things are just make you

think either you do remember or you

don’t but as of

2014 Apple had enough money to buy

Facebook Netflix Tesla Twitter Dropbox

Pandora Spotify combined with 59 billion

to spare obviously fast forwarding this

they might not have been able to buy

Facebook Netflix or or Tesla but

certainly most of these other companies

yeah and they probably could buy them if

they wanted to yep and who doesn’t love

the smell of coffee Dunkin’ Donuts in

South Korea started spraying coffee

Aroma to public buses every time their

jingle played coffee in sales increase

29% this is brilliant I love it yeah the

problem is what would make him possibly

go into Dunkin Donuts other than

listening to Commercial and associating

the smell they go anywhere and get the

coffee right that’s true but it’s great

that’s awesome marketing it’s like going

to Universal Studios where they spray in

the face on every ride and here’s

something fun smoke up baby in March

2014 Colorado sold 19 million worth of

cannabis 1.9 of those sales went to

schools and crime fell by

10% okay I’m not figuring the logic of

all that makes no sense well that’s

because they were a lot calmer but I bet

well they’re all stoned to the be Jesus

now at this point but yeah crime might

have gone down 10% but I think KitKat

and Snicker sales went up 30% yeah I’d

love to see the sales of all the the you

know just from the munchies in those

areas to see how it affected the economy

absolutely late night Wendy’s ah oh

shoot do I need to pay that cocacola

owns all the domain names that can be

read as ah such as a.com ah.

ah. and so on all the way up to 62 o

so they have the money for this but I

don’t know who the hell’s going to want

to to actually want that as their domain

but God Bless yeah and I’m just thinking

to myself I don’t associate ah with with

Coca colola but okay yeah but I think

you and I need to go get the 63rd H yeah

no kidding eventually they’ll figure

they need to do it yeah need a boost

it’s been scientifically proven that

praise rather than criticism is the best

way to help employees improve I think we

all knew that already yeah buying

seashells in London the Shell Oil

Company began as a novelty shop in

London that sold

seashells that I have no clue and it

began in London it’s a Dutch company

isn’t it yeah is outsourcing beneficial

the retail price for an iPad would be

$1,140 if American workers built it

instead of Chinese honestly I thought

that price would be low yeah so I guess

our government’s Theory now is that if

we import a whole bunch of Chinese

people then we can do stuff on site but

can’t do that they’ve got to afford

Burger King and McDonald’s every day

that’s true yeah when the workers at

Burger King and McDonald’s are making

$25 an hour that is correct all right

keep going oh we already did this one

Steve Jobs annual salary was $1 or just

enough to keep uh company health

benefits is your startup uh slow to is

is your startup slow to start up

Microsoft made

$16,500 for all those uh Tech weenie

Geeks like myself yeah and saw one of

those things how ugly those things were

there oh yeah and all was lights

flashing green or red certain amount of

times to give you a yes or no binary

answer Walmart Country if Walmart were

classified as a country it would be the

24th most productive country in the

world I think that’s probably higher

today I think so too

yep put down the butts the first Stoner

of the Marboro company died of lung

cancer yeah yeah actually my father

smoked marbor red for I don’t know 50

years or whatever my dad smoked filtered

Lucky Strikes until he was 64 years old

he didn’t die of lung cancer did he nope

he’s still alive God best thing that

ever happened he got he got bronchitis

one time and he was it was murder for

him and he was like you know what if I’m

ever going to quit smoking now is gonna

be the time and hadn’t smoked a

cigarette since my dad’s got stage three

COPD so yeah all right can’t finish

school Bill Gates the founder of

Microsoft was a College Dropout and so

was Mark Zuckerberg and a lot of other I

think M was too he went to the

University of

Texas

Compu yeah feeling wet behind the ears

Dell computers was started by a

19-year-old Michael del with ,000 little

foreshadowing are you a procrastinator

the Gmail logo was designed the night

before it was launched not that the logo

is anything special I was gonna say yeah

there the Google is just

their structure of how they do things is

just so simplistic and

it love your Louis Vuitton bag every

year Louis Vuitton Burns all their own

sold bags which is to prevent them from

being priced lower waste much screw not

giving it to the homeless so they can

carry all their crap in that’s ter oh

yeah that would be wonderful the

homeless walk see that in Beverly Hills

and in Scottdale but what can I tell you

yeah exactly all right only want to pay

$5 for dinner lentil as anything a

successful Australian restaurant allows

its customers to pay whatever price they

want to pay for their food okay I don’t

get that interest did not know that I

don’t know why and then one more Google

was originally called backrub aren’t you

glad they didn’t go with that name wow I

think if they would have done a Google

search for that maybe we would have come

up with something different and the

interesting thing is on the next show

I’m actually doing a segment on the best

business names of all time we go so this

just foreshadowing what’s coming up any

of them called backrub no there was no

backrubs in here and I’m still trying to

figure out how that I don’t get Googled

but I backrub makes no sense to me at

all yeah but here we go these are the

jobs with the most projected growth from

my friends over at visual capitalist

again great stuff we got a couple more

of their slides so I think this should

be pretty obvious with all the Baby

Boomers retiring home health and

personal care aids caregivers No Doubt

software developers everybody’s got to

find a way to hack other people’s

software yeah strong Cooks was

interesting because I saw something

about three years ago about how they

were creating robots to cook food yeah

putting all the ingredients and it would

cook flip Burgers make steaks and

everything else so I thought that was

interesting yeah fast food and counter

workers now this is rather ironic

because anytime I ever go to McDonald’s

in the morning for my egg MC muffin and

my coffee they’re like did you want to

use the key ask and I’m like no I’d like

to give you the order cuz I want my

muffin well done you could request the

muffin well done in the kiosk that’s why

I’m up here I could have given you the

order

already yeah oh that besides you arguing

with me about this yeah and they want

you to use the mobile app yeah all right

anyway how many times I told them I want

one sugar in the coffee and they end up

putting one cream in and I got to go

back there we go this is awesome

actually you know what Joe peshi said in

Lethal Weapon 2 what they do to you have

the drive through window do it at the

drive-thru yes they that’s right this is

a kid show so we will not say what he

says they fudge you at the drive show

now I will tell you I thought registered

nurses would be up a little bit higher

yeah I I would have put it up there by

around home health and personal care but

to you and I Financial managers are in

there with all the talk of Robo

management and Robo allocation and all

that other BS we know at the end of the

day that people want to talk to people

they don’t want to just input 10

questions into a computer so it prints

out a plan and it’s interesting the what

I’m finding is the Gen

zers have more of a value of working

with an adviser you’ve just got to

figure out how to structure stuff to

work with them but I’m finding like

young professionals really want somebody

to guide them through the path whereas

there’s that kind of I guess us gen xers

we got to the point where it’s no we’ll

do it all ourselves but I’m finding the

later Millennials early geners really

actually value having an interaction

when it comes to they realize the value

of it at the end of the day if you’re

gonna go Robo you you don’t understand

the value of what we bring to the table

but that’s commercial for another time

yeah yeah all right so those are the

most projected jobs let’s forward here

so I thought this was interesting

because I’ve heard of three main AI

tools right obviously chat gbt and I

can’t figure out the difference between

chat gbt and open Ai and co-pilot I

don’t know the difference between all

three open AI is the company that owns C

GPT what about co-pilot yeah and then

co-pilot’s an offshoot of that with

Microsoft so that what’s the differ

between chat gbt and co-pilot it’s

basically the same technology it sits on

a a a chat GPT

technology which actually 90% of these

AI tools all set on top of chat gpt’s

technology okay and and then the other

two major tools that I heard of was

perplexity which a lot of people like

and Gemini I put Gemini there’s an app

you could put on I have an Android so

you can get Gemini on your phone you can

just download the app it’s pretty good

not bad and obviously on the Surface Pro

it uses a co-pilot but I thought it was

very interesting and maybe it’s just

because of the amount of Android phones

that are out there G I yeah they’re de

on everything so it’s a little bit of a

misnomer I think actual users it’s

probably a little bit less it’s just

they’re shoving in your face every time

you log on to any form of a a Google app

or anything like that there’s Gemini

that’s integrated I will say from being

a user I write books leveraging AI I’ve

Ed multiple tools the two that I use

from a writer’s perspective are uh chat

GPT which is hands

down light years ahead of all these

other ones in anything of a language

model um and then I use grammarly which

has begun to integrate a lot more AI

into it those are the two primary tools

I use I’ve plus I think grammarly helps

you proofread things too right yeah it’s

just it’s even even what you get from

chat GPT I’ll go in and edit it and then

I have to go through and edit myself

then using grammar lead to clean up the

grammar and everything else and it makes

me less wordy in the end but yeah those

are the two i’ I use Gemini mainly as a

super duper search Tool uh when I go on

Google because that’s always that first

result that comes up is Gemini looking

at everything and pulling it together so

you don’t have to go to 30 websites

anymore yeah no and I like it I still

have’t you’re more of a power user than

me if if even if you consider yourself a

power user but but the one thing I can’t

figure out I just wrote about this in my

quarterly

newsletter I could see the AI benefit to

businesses because I’ve seen a little

bit for myself you’ve seen it for

yourself now the big thing is how are

they going to monetize this for

consumers and are consumers going to

have the appetite to pay for this and

what are they really going to be using

it for other than maybe saying hey you

know what I want to buy ABC product find

me three vendors in a 10 mile radius

that have the best price for me and how

to negotiate that I can see yep but all

but in the grand scheme of things I

don’t know who’s going to want to pay

for this because we’ve become such a

subscription society that who’s going to

want another subscription for something

that they might not benefit from on a

daily weekly basis what are your

thoughts I would say it there will be

monetization down the road I personally

where I see the mon ization on a lot of

these things is the ability to take some

of the questions that are being asked

like a Reddit example they’re use Reddit

went public and really the monetization

for Reddit is going to be using that to

train some of these generative models

generative AI models so that it can

gather all that information of questions

and things like that anticipate answers

so I I don’t know where the mon ization

is in this I think there will be some

down the road I think they are getting

so good I pay 20 bucks for chat GPT that

is the most productive $20 I spend every

month honestly it is hands down I

literally use g chat GPT for 90% of my

activities on a given month everything

from writing to even managing portfolios

I leverage AI for that so it is an Godly

savings today from that perspective I

think where they’re going to monetize a

lot is taking those models combining

them together and adding those to the

business World bringing some of that to

the business world I don’t know if

people are going to be I think once

people start to use it and see the value

of it they would be willing to pay more

but it’s they’ve set the bar pretty low

to start with with this to gather or to

get more people involved in using it and

the more people that are using it it the

better it gets I’ve been using it now

for just a little over a year and a half

and how massively it has improved in

that time period is unreal you know what

like I said you’re using it for business

not personal so we will see exactly but

last is to use it yeah yeah just the

what are the industries that are going

to benefit the most y software I

understand semiconductors I get industry

energy okay utilities all right but I

find on the very bottom health care

equipment and services yeah it’s the

most underused in health which you think

it would be the most because of all the

data yeah that’s available so I thought

this was interesting but on the towards

the bottom there like food and beverage

and I I don’t know how that is going to

benefit at all again I just talk gave

you the example of McDonald’s and the

fast food about the kiosk and the mobile

app what is the AI going to do to

improve any I I don’t know we’ll see but

again I get some of those top but I

don’t know how REITs are going to

benefit from AI maybe finding

opportunities or how to run things more

yeah how to effic more efficiently

manage that process or whatever that’s

the only thing I could think of yeah so

anyway so that was the AI conversation

love it love it good stuff Ron thanks

for putting that together I really

appreciate it it’s it the jobs thing I

think was probably the most interesting

out of the whole thing of what the

future jobs are and it was funny how

registered Nur nurses and nurse

practitioners work towards the bottom

which I would have thought they’re so

understaffed in most cases it’s

amazing okay yeah yeah thanks guys we

appreciate you guys coming on we

appreciate everything that you do for us

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guys back here the very next time