00:04:36.140Well, a dog, when they harm another animal or what have you, they do it generally with their teeth, right?
00:04:44.600And so they're probably thinking, well, the way that this human might harm me is with his teeth.
00:04:49.420They don't have any idea that we may have a gun, we may have other means, we may have no telling what that could harm them.
00:04:56.360Well, think about that relationship between us and the supercomputer.
00:05:00.580We can only think individually how what we can do and can't do.
00:05:07.240Well, the supercomputer, what people are afraid of, can go beyond that.
00:05:11.060And we won't even be able to comprehend what the danger is.
00:05:15.520When I think about danger from computers that are thinking for themselves and acting together in concert and how that might be dangerous to us, I think about things like the electrical grid.
00:05:27.260Think about how many things that we have that are connected to what I would consider the Internet or connected to, you know, other computers.
00:05:37.040Well, if somehow the AI, for whatever reason, through some rogue actor or just on their own, was able to have a negative effect on our electrical grid system, how that could affect the human race.
00:05:50.420Be very, very scary to be able to do that.
00:05:53.540So what I think needs to happen is we need to have a pause.
00:05:58.700We need to pause future innovation in this area to really understand where we are.
00:06:17.700I would respectfully disagree with that.
00:06:20.380Now, maybe part of that may be because I don't totally understand it, so I usually have more fear about things I don't understand than I do, but I don't think it's a hoax.
00:06:30.400I think it's legitimate to be concerned about it, and I'll tell you another reason I think it's legitimate is because when you have someone like Bernie Sanders, who you know is on the far left,
00:06:40.060And Steve Bannon, who is about as far right as you can get, essentially sharing a stage at a recent event saying the same thing, saying, hey, we need some guardrails around this.
00:06:52.280We need some protections for society around this.
00:06:56.960Think about what happened in social media.
00:06:59.220Social media jumped way out there ahead of time.
00:07:03.500And then we got to thinking, oh, my gosh, our kids are exposed to stuff that we don't want them to be exposed to.
00:07:08.220And now policy is catching up with that where they're putting parental guidelines in there and limiting what young people can look at on social media.
00:07:34.460There are some researchers that believe that the systems aren't as versatile as humans and they don't really act collectively, although I'm not sure that's true.
00:07:46.500There's been some trial things where they were kind of playing a game, kind of like capture the flag.
00:07:56.420And actually, the computer started working together to figure out how to do that and actually went around the rules that were set aside for it to figure out how to capture the flag.
00:08:52.960But let's talk a few questions that the audience has had that this is more on just kind of a day-to-day life questions, which I really love to get.
00:09:00.940I don't always have the best answers for those.
00:09:03.600It's usually based on my experience or things that I've researched.
00:09:08.680But again, it's my opinion, and you take it for whatever it's worth.
00:09:14.420The first question is, what advice do I have for first-time parents and marriage plus marriage transition into parenthood?
00:09:24.480Well, I will tell you that, you know, that's probably the biggest transition that you'll make during your married life is to go from, you know, just a couple to having kids.
00:09:36.380Now, Lisa and I were only married about 18 months before we had our first child.
00:09:39.500And some people have actually had children before they got married.
00:09:42.580And so they live their whole time being married with kids.
00:09:47.080And that could be a little more difficult because you're not getting to know your spouse as well before you have kids and before you add another element to that.
00:09:56.980What I would tell you is that, first of all, they're not breakable.
00:19:56.060And since that time, since the second administration of President Trump, they've grown a little over 2% a year, about 2.5% a year, all right?
00:20:05.660And so what happens is because when prices grew to 21%, so if something costs a dollar and then when Biden left, it costs $1.20.
00:20:17.640it didn't go back down to a dollar when President Trump got elected.
00:20:22.580What he has done and his administration have done
00:20:25.000is they've just reduced how fast it's increasing, all right?
00:20:28.800The only way you're going to get prices to go down is, first of all,
00:21:03.960They're right what they are right now, a little over 6%.
00:21:07.060But we had this huge recession, all right, and people lost their jobs and things.
00:21:13.860There was more supply than there was demand, so they dropped interest rates, and they brought interest rates down probably too low, honestly, artificially low, and so you could buy a house at a 3% mortgage.
00:21:26.860Well, then when the economy got better and the fact that we pumped a lot of unnecessary money into the economy, interest rates went up because there was more, ended up being more demand than there was supply.
00:21:40.280And so, therefore, people could charge more for things, even like interest rates.
00:21:44.480They've tried to keep the interest rates higher to reduce the demand.
00:21:48.240It hasn't really worked because there's been so much money flooded into the system.
00:21:53.640Now, what we don't want to happen is another huge recession, obviously.
00:23:05.860And guess what? All of the most unaffordable places, the places that are the least affordable are all Democrat run states.
00:23:14.240New York, Hawaii, Massachusetts, New Jersey, Washington, Oregon are are well above what the normal amount you should have to spend on a house of your monthly income is.
00:23:26.840That should be somewhere around 30 percent. In California, for example, it's 50 percent.
00:23:31.48050% of your income goes to paying your mortgage.
00:23:34.800But comparison, like states like Iowa, Indiana, Oklahoma, Ohio, and Louisiana,
00:23:40.380all those are below the 30% threshold.
00:23:45.200I get the question, hey, should we move states?
00:23:47.320Well, if you can move your job to where you can be in a less expensive state,
00:23:53.640then absolutely I would encourage you to consider doing that, right?
00:23:58.080Even if you have to take a little bit of a pay cut,
00:24:00.240Let's say you take a 2% pay cut, but your housing cost goes down 30%.
00:24:04.420You're probably still better off looking at another location.
00:24:07.400The only way that things are going to change in those states is that either it's going to get so bad that people change policies there, politicians generally,
00:24:19.400or there's going to have to be some type of major recession all over the country.
00:24:27.000Same thing going on in Connecticut and other places.
00:24:30.240The most expensive cities, San Francisco, Los Angeles, San Jose, New York, Boston, all those are run by Democrats.
00:24:37.360So just remember when you're voting this time as to, well, I don't like what's going on now, so I'll change.
00:24:43.340Well, you're going to change to something worse, in my opinion, as far as affordability is concerned.
00:24:48.860Some of it comes down to our own responsibility.
00:24:51.400And some of this stuff you might not really be thrilled about hearing, but I'm just going to tell you.
00:24:55.940I'm just going to be like your dad or your uncle, just trying to give you the best advice