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Am I the only one who's thinking "what happens when it runs out?!" lol

Yet VCs also brag about doing reference calls with old employers prior to writing a check…

Build a startup that dig holes, not makes shovels

If your born today and did that at 65 you get a million and its worth 100k. Inflation is the problem. My parents house in 1956 was 14900. Today its 550000

Imma do this for my kid

_Don't recommend this channel._

Oh great. Wasn’t sure what to do with my few million here and my few million there.

Yeah he's right, he doesent seem likable at all

so what do you do with your milion dollars when you will be 65? pay for medication cause its so expensive.

Republicans would absolutely try to deter parents from allowing this by saying it makes youth lazy and unwilling to work because they know one day they'll be a millionaire

A lot of financially illiterate people commenting in this chat and failing to grasp the value of his words

It sounds great, BUT... if everyone has a million dollars, a million dollars becomes a very average amount of money to have. That's how currency loses value. People can't have something for nothing. That's not even considering the individual lack of discipline on the part of the citizens. Look at the results of what happens to the vast majority of lottery winners.

1000 working for the WHO

Sam Altman is the God of AI. NOW.

If everyone is successful, no one is successful

They want the population to grow economic collapse

I echo this. Earning a rupee with Indian customers is more difficult than earning a $ in the US.

If everyone has a million dollars a million dollars won’t hold value

Do that and companies will jack up prices

11581 days left doesnt really have the same effect

This is ponzy 😮

The problem is the fractional banking system in place currently would only grow bigger, how bout we the people just band together HELP each other live through our individual skills and do away with the system

That would also completely destroy the economy tho I get what he’s saying but imagine if everyone had a million at 65 you would pay 20 dollars for a coffee

Homeboy standing on business 😭

This guy is an evil time thief. Screw Netflix. They ruined cinema.

Then a loaf of bread would cost $1000

I'm I drinking too much caffeine, or do people not actually say anything anymore? Either something happens or it doesn't happen, and business/org will keep innovating to stay relevant. That you Einstein telling us such secrets. Wtf

will pay people the same but just expect them to do more....

Much better idea than social security

Im not living past 65

Evil guy, he knows 7 is meant for poverty in numerology, means he wants a consumer since the start.

Government would treat it like SS and mess with it

What a criminal he even suggest it's not a good idea

Meanwhile 60 + percent of people in the US don’t have $ 500 in savings! Thanks

This man works hard so that retail shareholders like me get to sleep in peace with the stock returns

I didn't know Jimmy Fallon was into AI

No, the price of everything would go through the roof.

Until the market gets wiped up.

Well good luck with that because BRICS is about to be a gold backed currency in October and the us dollar is fiat get ready for hyper inflation. You know 55 trillion debt and all

It’s an interesting idea, but you have to account for reckless gov spending deflating the value of that money plus in a lot of places in America now a million isn’t even enough to retire on. Not to mention the fact that we give no one financial education in this country so lots of the people will get a million and blow through it rapidly. But if they could eliminate those problems this would be fantastic honestly

socialism

No, we need to make your social security number bound to your earnings. Only what you make and save should be yours. Then foreigners couldn't come here and start collecting at 65 when they've only been here a few years. If you didnt put into it, you shouldn't get any. Also, this might make people realize they need to work and we should severely limit hand outs. We're told not to donit with animals bc it makes them dependent. Gee!

His advice is fine. If you want to live life as everything is so urgent. You know in reality he isn't doing that. He is on his yacht emailing or texting people to get things done urgent. Elites you can find them using your money to buy their yachts

See the trick is, you just have to be lucky enough to have parents with money when you're born 😂

Stupid idea because all it does is move the post of who is poor and who isn’t

remember people, if everyone had billions of dollars resources would just spawn out of nowhere 🤑 Cause stonks.

I agree.

Try 5 or 10 million bu 65

If everybody is rich nobody is rich... I'm no economist. But i know enough to know prices will inflate to adjust to this new capital standard and then you're back at square one. Accept there's a lot more zero's in your average transaction.

*"The liar know what lie he told." >Katt Williams. The 1% want us to live on scarcity mindset when the real value is in the people who are able to work.*