Your Survival Guy’s Take on ChatGPT and AI

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You learned yesterday how Your Survival Guy became Larry the Cable Guy. Life comes at you fast. Buckle up.

Life Comes at You Fast. Slow It Down with My Friday Email. It’s Free.

One second, you’re enjoying a cup of joe with Mom and Dad, and the next, you’re making friends with call center reps far, far away. I thought technology, AI, etc. was supposed to make life easier.

Once my parents were back online, it made me wonder, “Self? How many others out there are dealing with these ‘high tech’ problems?” What a nightmare. Technology is supposed to make life easier, but once you get kicked to the curb, it’s a cold, empty world out there.

AI? ChatGPT? You can have them. As far as I’m concerned, AI is based on garbage in and garbage out. And ChatGPT helps with your homework. As another investing bubble forms, you’d think there would be a warning to investors.

Action Line: Bubbles expand, and then they pop. Stick with me. We’ve seen this show before.

P.S. Read about the danger in today’s S&P 500 in ALLIGATOR MARKET: Calm Surface Hides Danger Below.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.