EP 488 - How to Avoid the AI Trap Capturing Most Entrepreneurs

April 21

38 mins

Episode Description

If you're spending your weekends building AI agents for your business, there's a good chance you've already fallen into the trap most entrepreneurs are walking right into.

In this episode, we break down how AI is hurting most entrepreneurs' businesses, the one case where Mike actually used AI the right way, and what the S&P 500 hitting all-time highs during a war really says about the economy.

Topics discussed:

Introduction (00:00)

AI and the stock market (03:33)

Why building your own AI is a deflection (08:13)

The first 2-person billion-dollar company (10:48)

The right and wrong way to use AI in your business (13:32)

Scarcity mindset and AI in the wholesale space (17:01)

The truth about the S&P 500 and economic indicators (17:58)

The AI “arms race” and who's really in power (24:44)

What can we believe about the Iran war? (32:45)

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