WEBVTT - Bite: The skills AI can’t replace

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<v Speaker 1>You're listening to a share of these podcast there's so

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<v Speaker 1>much pressure and so on. I mean, things have been

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<v Speaker 1>particularly volatile, I would say in the last sort of

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<v Speaker 1>twelve to eighteen months, or felt like it. Is there

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<v Speaker 1>anything in the research that you look at, demographically, historically

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<v Speaker 1>and looking forward that sort of says this time is

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<v Speaker 1>an unprecedented time or is this just how it feels?

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<v Speaker 2>Well, it definitely feels like this for a good reason.

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<v Speaker 2>You know, the life cycles are surre the acceleration of

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<v Speaker 2>the trends are greater, the speed of shifts, the multitude

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<v Speaker 2>of impacts upon us greater than ever before. You know,

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<v Speaker 2>it's global trends, not just local ones, as technology ones

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<v Speaker 2>and demographic ones and social trends are not just you know,

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<v Speaker 2>workforce trends. It's all it's all coming at us. So

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<v Speaker 2>I think when people say it's it's volatile, it's uncertain,

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<v Speaker 2>it's fast moving, they're right for saying it. But we

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<v Speaker 2>don't want to be so I guess arrogant in this

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<v Speaker 2>year to think that these the only times of change,

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<v Speaker 2>because through history, of course, there have been times of

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<v Speaker 2>great disruption that we can learn from history repeats itself.

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<v Speaker 2>That term historical recurrence that we can learn from patterns

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<v Speaker 2>in the past. Yes, AI is disrupting jobs, just as

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<v Speaker 2>the Industrial revolution did in the Victorian age. If we

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<v Speaker 2>go back further, we had the agrarian revolution. We shifted

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<v Speaker 2>from small boutique cottage industry or farming to broad scale farming.

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<v Speaker 2>There's been massive disruptions over time. We've all adjusted to

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<v Speaker 2>that and found benefits in the technology. And while there

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<v Speaker 2>is a technological pessimism that I see at work, you know,

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<v Speaker 2>a big shift in probably two decades from tech optimism

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<v Speaker 2>where we look to social media to create connection and

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<v Speaker 2>a global conversation. In our tech skepticism that's seeing the fragmentation,

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<v Speaker 2>the isolation, the downside of devices of social media and

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<v Speaker 2>now of AI. Think that we've got to recognize the

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<v Speaker 2>technology in the future, as in the past, will be

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<v Speaker 2>used for what it's always been used for, to reduce drudgery,

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<v Speaker 2>to increase human flourishing, to create better connectivity, and to

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<v Speaker 2>solve problems. There's going to be some downside use, but

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<v Speaker 2>there's going to be a lot more upsides, and we've

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<v Speaker 2>got to recognize that and learn from the past. I

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<v Speaker 2>think that if we keep a human centric view of things.

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<v Speaker 2>Even in a world of AI, the most valuable skills

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<v Speaker 2>in the future will be those distinctively human ones to

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<v Speaker 2>communicate and lead and connect and engage, to inspire others

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<v Speaker 2>and belong and share and serve. That's timeless that we

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<v Speaker 2>will need for the future, even though AI is going

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<v Speaker 2>to be more ubiquitous than even we currently see.

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<v Speaker 1>So wrapping it up then, I mean, if you got

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<v Speaker 1>one little word of advice for each of those sort

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<v Speaker 1>of boomers, genixes and millennials out there.

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<v Speaker 2>Well, I'd encourage the boomers to keep at it because

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<v Speaker 2>what they're doing with generosity of spirit, I think they're

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<v Speaker 2>on track and doing well as they as they should

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<v Speaker 2>have because they've got the benefit of economic winds at

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<v Speaker 2>their back for these decades. For the gen x's, are

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<v Speaker 2>just encouraging them to keep at it because this too

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<v Speaker 2>will pass, you know, this particular life stage of stress

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<v Speaker 2>and expenditure and pressure, and they'll be able to enjoy

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<v Speaker 2>the fruit of their labor over the decades ahead as well.

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<v Speaker 2>I'd say to the millennials the gen wise that in

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<v Speaker 2>the midst of working hard and trying to build careers,

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<v Speaker 2>don't stress too much and remember that the opportunities for family,

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<v Speaker 2>and the opportunities for investing community and for loved ones.

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<v Speaker 2>They've got to not just focus on the economics, but

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<v Speaker 2>those deeper, broader and ultimately well long lasting aspects of life.

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<v Speaker 2>So get the balance right, don't just focus on work alone.

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<v Speaker 2>I think the gen z's have done well to invest

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<v Speaker 2>in their future, and so future proofing will be something.

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<v Speaker 2>It's not going to be career for life, So keep

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<v Speaker 2>an open mind and keep investing in their skills so

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<v Speaker 2>they can remain relevant to contribute into the workforce for

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<v Speaker 2>a longer period. And the younger ones, the alphism beaders,

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<v Speaker 2>I think they're they're on track if they can manage

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<v Speaker 2>their own technology use in screen time. Recognize that the

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<v Speaker 2>people's skills will be the key skills, because anything that

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<v Speaker 2>can be outsourced to technology will be better off being

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<v Speaker 2>a human expert than a technology one. In the time,

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<v Speaker 2>as we said post mid century, as they'll be hitting

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<v Speaker 2>their peak when we're going to have new challenges like

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<v Speaker 2>population contraction or increased global uncertainty around technology that creates

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<v Speaker 2>its own intelligence, it's going to need some specific skills

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<v Speaker 2>and great human wisdom. Investing involves the risk you might

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<v Speaker 2>lose the money you start with. We recommend talking to

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<v Speaker 2>a licensed financial advisor.

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<v Speaker 1>We also recommend reading product disclosure documents before deciding to

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<v Speaker 1>invest