In this 10th episode, Jason Hartman talks with Michael Guillen, Emmy Award Winner and author of The End of Life As We Know It, about some of the ethical dilemmas facing society today. Jason and Michael look at one particular case going on today involving chimeras and question whether this is something we SHOULD be doing. We always have to ask whether we're doing something because we CAN or because we SHOULD.

The two also look at the state of the surveillance state, the impact of AI and more.

Key Takeaways:

[3:40] There are some scientific tests being run today that we may want to rethink

[9:572] The inventor of the world wide web is now working on a second iteration because of what has become of his first version

[16:46] We need to really think about some of the things coming in technology, because we're starting to ask machines to make moral decisions

[20:39] The changing face of the surveillance state as the Internet of Things gets bigger and bigger

[22:44] Artificial Intelligence is the 4th industrial revolution and the first one to target people. Will it produce more jobs than it destroys?

Website:

www.MichaelGuillen.com

Jason Hartman talks with Pat Donohoe, author of the new book Heads I Win, Tails You Lose, about the habit of most Americans to delegate their investing, what we should be doing today financially, the use of debt in our country and more.

Key Takeaways:

[2:09] The average American has delegated most of their life to 3rd parties

[5:21] The drive to save money now for the future and retirement is so that you can achieve freedom

[8:09] What should we be doing today for ourselves financially?

[13:00] Think of your employer like a customer, you want to keep them happy but you also want to maximize your revenue

[17:17] The entire country is based in debt

[20:00] The true narrative is to be smart with your money, not to get rid of debt

[26:28] Start to focus on the now rather than the mirage of the future, and start by taking the wool off your eyes when it comes to the banking system

Website:

www.HeadsOrTailsIWin.com

Jason Hartman talks with Venture Alliance member Mike Zlotnik about the new trend in real estate investing, which is "Opportunity Zones". The two discuss what they are, when they can be a good idea, how the funds work and some potential tax implications. The two implore the listener to vet your sponsor before investing, not invest just for tax purposes and aligning your interest.

Key Takeaways:

[3:30] Mike's thoughts on deals in opportunity zones

[6:37] How funds work when investing in Opportunity Zones

[10:48] How are fund managers being successful getting people to invest

[14:22] Some potential tax implications

[17:25] Don't make the deal just for tax benefits. The deal needs to make sense BEFORE the tax benefit

[21:55] Your fund manager needs to have some skin in the game

[26:48] It's important to understand what a quality sponsor is

[28:51] The 2 major layers to pooled money investments

[31:25] Alignment of interest

Websites:

www.JasonHartman.com/Masters

www.BigMikeFund.com

Jason Hartman talks with Steven Landsburg, Professor of Economics at Rochester and author of Can You Outsmart an Economist, about the big economic questions of the day. Steven explains why central planning will never work, the "Economic Berlin Wall" Jason proposes, and why more sex is safer sex (and how that applies to economics).

Key Takeaways:

[6:08] It's virtually impossible for central planners to get economic issues right

[10:38] How minimum wage is taken care of by the Earned Income Tax Credit

[13:58] The "Economic Berlin Wall" in today's society

[23:39] Using economics when considering the world's population

Website:

www.TheBigQuestions.com