Artificial Intelligence is already surpassing Bitcoin, when it comes to energy consumption.
ChatGPT prompts use 10 times more power than a Google Search.
And there are 9 billion such prompts every day.
Expanding AI's capabilities is going to require massive amounts of power, in order to train AI Models.
Which means an expansion of AI Data centers, many of which are already being built.
It's estimated that by 2028, we will need to generate up to 5 GW of power to run these Data Centers.
Just two years later, that number could double.
And by 2035 we will likely need to 10X that power consumption, to 100 GW.
With consumption about to skyrocket, its easy to see that energy prices are going to go through the roof, too.
Let's make no mistake:
Artificial Intelligence is here to stay. And it will only become more powerful, exponentially.
But this brings up a secondary trend thats also taking place:
Decentralization.
For a couple of hundred years now, people have been handing over their hard-earned dollars to pay faceless organizations in exchange for goods or services.
This facelessness is not only prevalent in most transactions these days. It has only ramped up in the Internet Age.
People especially Gen-Z are looking for more authenticity, more transparency, and more control.
And as the world hurtles into an AI-Powered, Decentralized Economy, this is going to have major implications for everyone.
Jobs, as we have known them, will transform. And even the nature of the job-market itself, is going to be upended.
So its important to understand what Decentralization is.
And more importantly, how you can take advantage of it.
The concept of Decentralization is a complex and multifaceted one. We will not be going into the nitty-gritty of it, here.
What it boils down to in an economic sense is wresting control from a central locus of command, and putting it into the hands of those who who pay for, and consume goods and services.
In other words, every industry will be going towards a model where the CONSUMER drives business trends, rather than the business determining what the consumer wants.
Take Alberta's Energy Industry, as an example.
With a vast array of natural resources, Alberta is Canada's energy capital.
The province's Premier and Energy Minister both call its Utility Rates "Volatile". They're asking Albertans to leave the the utility in search of competitive retailers, giving their constituents more control of how they spend their money to heat their homes in the winter and cool them in the summer.
So for for the first time, consumers will be able to have more competitive rates than ever before.
And it's not just Alberta.
19 states in America have deregulated their Energy Markets, giving residents there the benefits of the Decentralization of Electricity and Natural Gas.
How about Canadas Mortgage landscape?
Canadians are dealing with an affordability crisis like never before.
Home prices have risen by 30% since 2022.
Canada doesn't have 30-year Mortage Renewals like the United States.
Canadians must renew their mortgages every 5 years.
And rising interest rates have meant that many people are priced out.
Even with the embattled Liberal Government of Justin Trudeau lowering interst rates recently, one expert says Canadians will be out of the range of home ownership for at least 10 years.
"You won't get back to an affordable range for housing on a sustained basis for a decade," says Tony Stillo, of forecasting and analysis group, Oxford Economics.
This is forcing many families to skip meals, just to able to make their mortgage payments. Others are simply not able to make them, often losing their homes in the process.
But here comes technology to the rescue, as even mortgages are being decentralized. Artificial Intelligence is being used here, too, allowing applicants to find mortgages that fit their economic needs -- or finding refinancing solutions to assist them -- giving Canadians peace of mind and a level of control they haven't had in many years.
Lets take a look at Canada's Neighbor to the south:
Its no surprise that the United States has a crisis of a different order -- that of affordable healthcare coverage.
Health Insurance rates have skyrocketed across the country.
And Heathcare Coverage is the Number One Source of bankruptcy for businesses, individuals and even entire families.
Healthcare costs are now as high as mortgage payments in the U.S. And many people are having to take out multiple jobs just to be able to keep their families covered.
90% of employers in America don't offer health care coverage for their employees because of the costs, which is forcing workers to go on their spouses benefits -- assuming those employees are even married.
This is where A-I and Decentralization come in.
Just as Netflix destroyed Blockbuster and the Video Rental Industry...
Uber disrupted the Taxi Industry...
And AirBnB continues to transform the Hotel Accommodations Industry...
Healthcare in the United States is being disrupted, by a revolutionary new system, that is taking power away from the Health Insurance Cartel...
And putting into the hands of the masses.
Its a system known as Health Sharing, which started out in the 1980s through churches, where members pooled their funds to share into fellow parishioner's medical costs.
That led to several Health Sharing, or Med-Sharing Organizations, that in and of themselves, are still very much centralized.
They are primarily Religion-based, meaning, if you dont belong to their religion or denomination, you dont have access to their system.
They are also technologically antiquated, using Excel Spreadsheets to log everything. This makes for a very cumbersome process, when trying to get covered for medical expenses, or being reimbursed, if you are a Doctor, a Clinic or a Hospital.
Along comes one entity, which utilizes a patented Artificial Intelligence technology, to lower peoples bills by up to 50%, with greater transparency, and more options for the consumer.
Here are just a few examples of the advantages of this specific system, including coverage for procedures not touched by traditional Health Insurance:
Chiropractic
Acupuncture
Naturopathy
All with a focus on health and wellness.
Imagine uploading your receipts for these aforementioned services, and then submitting receipts for expenses such as:
Supplements
Gym Memberships
Pilates
Martial Arts Classes, etc...
And having them converted as Credits towards your Deductible.
This is all happening as we speak.
So what does it all mean for you,Intrepid Young Entrepreneur?
Well, its one thing to be able to reduce your costs and have greater flexibility with how you use your money.
Its another matter altogether, to convert these Fixed Monthly Expenses...
Into Ongoing, Income-Generating Assets.
Weve all been on the Consumer side of the equation for as long as we've been alive.
What if you could be on the Provider side, for a change? Without changing what you're already doing?
Imagine getting paid every time:
The phone rings...
Someone surfs the internet...
Somebody turns on the lights...
Or watches TV?
What if you earned income:
Whenever someone heats their home or place of business...?
Secures their home or place of business...?
Pays with their debit or credit card...?
What if YOU get paid every time a company pays THEIR employees?
Or covers them for Healthcare?
And what if you could do these things
In 50 US States and 10 Canadian Provinces?
How would that impact your life and your family's life?
This is not some Sci-Fi Future Vision
This is happening right now, as we speak, in millions of homes and businesses across our two great nations.
If you'd like to explore how you can capitalize on the Decentralization Of The North American Economy, drop me a message.
I'll be more than happy to go over it with you in more detail.