Don't Have Kids because of AI
FULL TRANSCRIPT
My husband no longer wants to have
children because he's worried about the
rise of AI.
Divorce this loser. I'm 30. He's 45.
We're supposed to start trying for a
baby next month. We've already done all
the preconception tests. Everything was
ready. Do people do preconception tests
these days? Is that is that a thing?
Like I thought you just like, you know,
do it and then like if you have problems
you go test or something. Anyway, today
he told me he was doing his research,
reading Goldman Sachs projections,
and talking to people who know things.
Well, if he's listening to Goldman
Sachs, I'm already lost here, but he now
believes there's no point in having
children because future adults won't be
able to find a job of any kind due to
AI. And since statistically speaking,
it's highly unlikely that our child
would be one of the lucky exceptions in
a world of desperation, he thinks it's
wiser not to bring anyone into it. He
works in finance and is well educated.
No, he's a dumbass. If he worked in
finance and knew anything about history,
it's that innovation breeds more jobs
and more uh uh prosperity.
As per capita GDP rises, we lift people
out of poverty through innovation. Now
whether that's through some form of in
the future universal basic income is
regardless is is beside the point.
Obviously, if you have extreme very few
extremely rich corporations, governments
sign some form of safety net like uh you
know a Medicaid uh for poor uh or
welfare for poor, right? Those are
social safety nets that exist today.
That would only become more extreme in
the future if you had very few extremely
rich and many that did not have assets,
right? So, your social safety net would
likely be larger. Aside from focusing on
the social safety net, let's put some
logic on for a moment. When people
thought that there would never be a need
for human labor again because of the
cotton mill, the machines that ended up
leading the lite revolution
to raid factories and destroy looms and
mills and machines because they were
worried that their jobs were being
replaced. What ended up happening
per capita GDP is 100x what it is today.
You know what it was back then. Life
expecties substantially longer today
when we factor in infant mortality. You
got to remember how many how many
children died in the past relative to
children who die today.
So we should look at per capita GDP
global per and then we'll keep reading
his pros. global per capita GDP uh
historical overtime like some kind of
chart right so in other words how much
money does every head uh receive over
time this is just the last 60 years here
look at per capita GDP over the last 60
years now yes the dollar has also lost
value in fairness okay we'll give you
that uh but uh let's say the dollar
since the 1980s has lost you know 3x its
value okay so let's just 3x2500 for a
moment. That's 7,500. So still, and I'm
throwing an inflation adjustment on
this, assuming that this is not already
real GDP, which there's no indication
that this is real GDP. This appears to
be just nominal GDP. So not inflation
adjusted. You still have about twice the
per capita GDP that you did in the 60s.
Take this all the way back to the uh you
know 1800s and it's even more extreme.
So really, yes. Is it possible? Oh yeah,
look at this. Per capita GDP over the
long term. Look at this. This is
actually remarkable. Oh, and this one's
adjusted for inflation. Wow. Global
average GDP per capita over the long
term. Our world in data historical GDP.
Look at this. This is insane. If
innovation led to more pain for
children, we would not see the per
capita uh basically value of every human
head skyrocket like this. I mean, look
at this $1860 Civil War era inflation
adjusted $1,800 per year of GDP
all the way out to today where your per
head GDP is about 20,600.
What you could actually do is you could
type in let's do Ventura County per
capita GDP for example you could type in
just a Google really quickly a per
capita GDP search uh typically for each
era uh and and get a per capita for a
particular area. So you could even get a
little AI overviews. This is not per
capita. This is going to be like a
household. I don't I don't think it's
this high. I think the AI is wrong. Let
me try
Los Angeles County per capita GDP.
Usually it's somewhere between 35 to
40,000 per head. Yeah. Okay. Whatever. I
I I'm not trusting some of these numbers
right here. Here we here we go. Per
capita Census Bureau per capita 2019 to
2023 44,000 per capita GDP for LA
County. That's normal. Household income
is probably the 87 number that they're
showing you, right? So, you take some of
the numbers with a grain of salt when
you get the AI results. AI is famous for
pissing me off. uh but uh on a per cap
basis per person
GDP has skyrocketed. So this idea of
like oh let's not have children because
people are not going to have jobs. Yes.
Is it possible that the unemployment
rate is going to rise? Sure. In fact I
project that in the next few years the
unemployment rate will probably rise to
10% and stay at 10% for quite a while.
But wait a minute that still means 90%
of people have jobs who are in the labor
force.
you know, probably more than 85% of
people once you account for the longer
term unemployed individuals. And so
there is going to be an adjustment phase
where skill sets have to adapt. But I
mean, think about what jobs children can
do in the future, at least with what we
know today. We don't even yet know what
new jobs are going to be created in the
future. But jobs that we know that are
going to be hard to replace with AI in
the near term, construction,
uh, electrical, plumbing, framing,
roofing, uh, could you imagine an
Optimus robot climbing the ladder, put
roofing shingles down without sliding
off the side? It could happen in the
future, but I think it's going to be
decades.
Uh, in-person care, setting anesthetic
needles, IV lines, nursing, doctors,
healthc care, therapy. So when I talk
therapy, I'm talking, you know, not only
therapists, but I'm also talking real
estate agents who are basically
therapists for their clients. Uh, you
know, there are a lot of things that we
can do. Uh, and so this this depression
over, oh my gosh, I'm going to have
nothing to do because of AI in the
future. This is insane. Investment Joy
says, shout out to Investment Joy. Kids
don't have to be expensive. Get in a
church with people who don't worship
their kids, only God, and you'll find
out having a child isn't that expensive.
Our group is less than $5,000 per kid
per year. I think children are amazing.
The poor live like the wealthy from a
hundred years ago. Oh, interesting uh
way to put that. Here's a life hack.
Kids don't have to play sports. Oh, is
is that potentially because of the
expenses that there are comments here
from investment joy? Check out his
channel on YouTube. But anyway, so look
at this here. Uh and since statistically
speaking, it's highly unlikely that a
child would be one of the lucky
exceptions. I think this person
misunderstands the unemployment rate.
Even during the Great Depression, 70% of
people still had jobs, you know. So,
like, what history are you looking at?
This is quite sad.
Uh, he thinks it's wiser not to bring
anyone into it. This is so defeist. I
have seven children and I want to have
more children. Five babies are eating
and two children are sleeping. What is
this, summer break or something like
this? Strapped into their high chairs.
Anyway, he works at finance and is well
educated, but to me, his reasoning
sounds terribly simplistic. I like this
girl. This 30-year-old needs to find
someone else. He's not a futurologist.
Hell yeah, woman. Nor a sociologist.
Let's go. Or an anthropologist. I don't
even know what these three things are,
but hell yeah. How can he make such a
drastic and catastrophic prediction with
so much certainty? Do you have any
sources or references that he can help
me challenge or soften his rigid view?
And this guy's in finance. Man, that's
embarrassing for the finance industry.
Let's see what some of the comments are.
There's a deeper issue. There's no
correlation with wanting to have kids in
the rise of AI. What is it? What are you
saying? Are you an AI bot?
He just doesn't want to have kids and is
rationalizing it. That could be exactly
right. He doesn't want to have children
because they won't have jobs. What about
having children to have children for
them to be people? Let's go, David.
birth rate has traditionally been higher
in poor and less educated regions of the
world with worse prospects for jobs.
Let's go. Funny, he's a finance guy
because there's a well-known quote in
finance. We have two classes of
forecasters. Those who don't know and
those who know they don't know. Let's
go.
I concur with the comments below. He
doesn't want to have kids. Maybe because
he's genuinely worried and he's
rationalizing it because if Goldman
Sachs said it must be true. Let's go. I
think he's kind of right. dislike. I
already have a kid and I'm really
worried about the future would what the
future would look like. It's not about
the job. It's about not being able to
watch them suffer. Dude,
this this defeist opinion that you bring
a human into the world that they will
only suffer is so depressing and sad. Is
every day going to be happy? Of course
not. But you live life for the
challenge, the ups and downs. And to
you, for you to be the arbiter, to say I
will not even give somebody a chance is
kind of disgusting on you, this poster.
Well, poster's husband. Anyway, that one
pisses me off. I hate that one. Why not
advertise these things that you told us
here? I feel like nobody else knows
about this. We'll we'll try a little
advertising and see how it goes.
Congratulations, man. You have done so
much. People love you. People look up to
you. Kevin Pra there, financial analyst
and YouTuber. Meet Kevin. Always great
to get your take.
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