Most businesses make their money from something called information asymmetry. They know things about their trade that you don’t, because it’s their full-time job to know them, and that gap lets them charge more and sometimes take advantage of you. In this episode I explain why AI is wiping out that edge: the hidden knowledge businesses rely on isn’t hidden from AI models. Before an unusual transaction, like selling a house or taking out a home equity loan, you can ask an AI what the other side knows that you don’t and how they might be using it against you. I use home equity investments as an example. They lowball your home’s valuation, they get a free ride on the improvements you pay for, and they understand the statistics of the sale far better than you do.

The flip side lands on anyone who runs a business or depends on a job. Profits that leaned on customer ignorance are going to shrink, and the inefficiencies those profits used to cover will start to hurt. The good news is that automation has become dramatically cheaper. Less than a year ago, AI coding tools produced code that simply didn’t work. In the last six to eight months they’ve changed in fundamental ways, and work that once needed a six or seven figure programming budget now costs a fraction of that. I compare this moment to the wall of water that came down the canyon toward my uncle’s ranch, where the kids downstream were California surfers who dove into the face of it and rode it out. I also share a roundup of my free apps, from a reading aid to a graph paper printer to a cooking assistant that sets your timers for you.

In this episode you will learn:

(00:00) What information asymmetry is, and why AI is about to hit the economy like a tsunami

(02:16) The one case where you hold the information edge, and the question to ask AI before any unusual transaction

(04:11) Three ways home equity investments use information asymmetry against homeowners

(06:40) Why automation that once cost six or seven figures is now within reach, and how fast AI coding tools have improved

(09:06) What business owners should do about their inefficiencies before the information cushion disappears

(11:30) Surfing the wave like the kids below my uncle’s ranch, plus a tour of my free apps

(13:56) The simple prompt that can give you eye-opening insight as a consumer

Let’s connect!

linktr.ee/drprandy

Read, with computer assistance, the best literature the world has ever produced

andrew-winkler-reading-room.overskill.app

Love Quotient: Stop Dying of Thirst in an Ocean of Love Kickstarter

https://www.kickstarter.com/projects/amwphd/love-quotient

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