The Smart Way to Use AI in Property Investing (And What to Avoid) | #284

0:00 there aren't simple inputs into the AI yet so because we bring that human touch and that human psychology and working with people we're not on the chopping block anytime in the next few years but I think in the era of AI That's that's what we got to think more and more about is what's the value of working with the human being what can human beings do that AI can't do and I think a lot of that is to do with questions of

0:24 emotional intelligence or also of creativity [Music] [Music] I'm just adjusting my screen why is it putting that that way I want you to be on the top okay it's doing it like that all right cool I'll rip into it hello and welcome you're listening to dash. inside of the auditory a center for passionate

0:55 property investors seeking a life of Freedom choice and abundance joining me today another one of our very special clients I'm talking today with Peter Vander Mur and Peter has a very interesting perspective on property that I think is going to be really really useful for people and the reason for everyone listening the reason why I think this is interesting is because Peter Works in an area that is now starting to get affected by Ai and so

1:21 maybe just to start off with Peter can you tell us a little bit about what you do uh good afternoon and uh hello to all the dash do listeners um I lead a company called bright Circle we're a team of technical writers who specialize in writing tender responses for construction companies helping them win major infrastructure construction projects around Australia but mostly in Victoria New South Wales and Queensland and we also do a little bit of uh legal

1:52 writing and research and we also work in the facilities maintenance industry on tenders so yes I have a background as a professional writer editor okay and you've looked at property as I'm not sure if this is the right phrase so if you can think of a better one let me know uh but as a little bit of a backup plan or a plan B as AI starts to have more of an impact in your field is that about right yes

2:20 that's that's what's happening now um I was initially looking at property investment for other reasons wealth creation uh long term my my dad worked in real estate his whole life so I grew up with um a real estate background he was a um real estate agent in South Africa specializing in farm sales so I grew up farming and with my dad knowing all the farms in our area of South Africa so real estates been in my family

2:49 for a very long time and then when my parents moved to Australia my family moved to Australia just over 20 years ago um my dad worked as a contined to work as a real estate agent in Tasmania so I've been around real estate for a long time and it always just made sense to me that I would invest in real estate one day and as my business grew and I had some money to invest I had a little

3:10 bit of a a false start with trying to pick investment properties myself and it it wasn't disastrous but it wasn't the results I was looking for and then I was asking around and a friend of mine recommended Dash Dot and I started listening to the podcast and finding out more about what you guys do and I've now bought two properties through you so yeah it was initially a um a wealth creation exercise but now as my industry

3:35 is starting to be affected by AI I need to diversify out of my out of my current business into other things as well or start working with AI I'm still figuring it out but um the property portfolio is becoming a bit of a I guess a personal risk mitigation for me right okay makes perfect sense I've got the numbers up on uh on the property you've got one property over in wa and uh the purchase price on that for every listening

4:01 $485,000 that's a that's a decent purchase price um to anyone looking to buy these days if you can get in at 485,000 you're doing you're doing pretty well in the market the yield on that was 6.22% I'm not sure if yields that high are going to be around at the moment um but when you bought this this was extremely good buying the July uh Val from this year so July 2024 just a couple of months ago was $685,000

4:30 so the total growth in just 17 months has been 200k so the return on your Capital invested is 153.11773 200,000 that's sort of that could be multiples of a Year's income so property has kind of done what it said on the 10 I want to drill more into the AI side of things a little bit because this is a really hot topic at the moment I at one

5:00 end of the spectrum or or one Spectrum whatever we want to call it in one way it's improving a lot of people's lives we're able to develop an AI tool here at Dash doot that allows us to pick the hotpots that get results like you've been able to achieve which is fantastic right people's lives are better in this way it's great for calculating lots of things sum it's great for doing a lot of tedious work that we used to have to do

5:24 right but it's also doing a lot of the creative work as well that's the fun stuff that I think like the human as that's that's what made life fun but that's sort of being replaced not just augmented but being replaced in a big way at least that's that's my perspective looking from my position and what I see as someone who's like face Toof face with AI directly how worried do we need to be that it's going to take

5:46 everyone's jobs and everything's going to be run by Ai and if you don't have a plan you know what's your take ah well this is a hot topic of the last few years and I guess it's entering more and more Industries and the thing that I've seen is that it hasn't really significantly changed business models yet in my industry in other words people haven't really figured out a way of finding a way to make it save a lot of

6:11 money or a lot of time in in in my specific industry yet which is technical writing I know in other Industries it is and I think when it actually starts changing business models and people figure out how to harness AI to make a lot of money or save a lot of time that's when it's really going to start potentially replacing people and and losing jobs but I have I have quite interesting perspective on this I think

6:33 a lot of it has to do with value when AI starts doing tedious formulaic repetitious work that's work that human beings don't necessarily love doing so if AI can do it really well then that's fantastic and I think we need to start shifting our mindset towards what is special about what human beings can do what is what is the value of the work that that just human beings can do the AI can't do and that's what I'm seeing

6:58 in my industry is we have our writers are really skilled in working with subject matter experts in really complex sort of emotionally complex situations the information is quite complex the stakeholders are complex like who contributes where who's if you have a clash of opinions who's is more authoritative so there aren't simple inputs into the AI yet so because we bring that human touch and that human psychology and working with people we're not on the chopping block anytime in the

7:29 next few years but I think in the era of AI That's that's what we' got to think more and more about is what's the value of working with the human being what can human beings do that AI can't do and I think a lot of that is to do with questions of emotional intelligence or also creativity like um Emil I know you're a musician as well and anyone who's a musician has uh probably spent some time in the last 18 months

7:53 tinkering around with the really amazing and potentially somewhat scary AI tools for musicians and you can now like with chat GPT you can tell several uh music AIS please make me a a reg song about the Queen's corgis and it'll think for five seconds and pump out a reg song for you and you know with things like AI image creation you know you just put something in and it you just tell it you want a Sunset and zebra dejing and it'll

8:23 create it for you so in that sense yeah I don't know whether it's going to replace creative people but I think in in the Arts and in in Communications world people do need emotional intelligence in that human touch and I think for us as creative people we've got to figure out what is it that humans can do differently to AI that makes our work valuable and irreplaceable I think my take on this is very similar to yours

8:50 I feel like AI is sort of coming from most jobs eventually and so it's nice to have a little bit of a safe haven somewhere and the way to do that is to have assets that are going to withstand AI pressures now ai is great at being able to calculate things it's not great at being somewhere to live right because it's that's not what it is right it's it's just thinking is what well thinking in in air quotes right that's what AI is

9:21 Right AI can't be a house it can tell you how to build a house it can design a robot that can assemble another robot that can assemble another robot that can assemble a house it can design lots and lots of things but it can't actually be those things and so ownership can become really really important in that respect so people that own maybe stocks in AI companies right because then you own part of the tech maybe owning Metals

9:48 that's another asset class that people can look at maybe owning businesses cafes things like that where human interaction is valued those seem to be places where it might make a bit of sense to put some assets to to store some of your Value store some of your wealth so that it can be preserved and can generate more profit and things like that property seems to be a really good one as well because it it feels like it can withstand most

10:12 things a cafe robot can come along and do that eventually and then there'll be a more efficient robot and then there'll be a more efficient robot and so what are the humans really doing and so those kinds of things like depending on one's perspective and one's nature AI could be ushering in a new era that is an absolute Utopia and everything's wonderful or it could be an absolute apocalyptic dystopia where eventually Skynet becomes self-aware and kills all

10:38 of us and it wouldn't take long to kill all the humans in the world right it's about six hours something like that depending on which little report you read if if AI got powerful enough and could control enough stuff then it could wipe us all out pretty efficiently so you've kind of seen this coming along and you've mentioned a couple of reasons like the family reason for getting into property how much was Ai and your job

11:02 situation a factor oh at at the time I was getting into property was maybe about seven eight years ago so AI wasn't a factor then it's it's it's become a factor um at the moment I I don't think it's a strong factor it's more something that I'm seeing as a risk to my business a risk and opportunity and if it's a risk to my business my business is primarily what I earn income from so that's my borrowing capacity that's my

11:30 ability to be able to pay for my investments so a risk to my business is indirectly a risk to my investments so yes it's become a risk so yeah as as I said I don't anticipate being completely out of a job for 5 to 10 years maybe not ever I think as new technology emerges our economy changes our way of working changes and we just have to think about ways of changing and adapting and looking for opportunities rather than

11:57 having a doom and gloom mindset I was listening to this interesting podcast a while ago where the person was talking about the industrial revolutions uh some sociologists often say that we're in the fourth Industrial Revolution now and um the industrial revolutions have been steam electricity computers and if you look back in history each time there was an industrial revolution there's this whole social outcry of oh they're coming for our jobs it's going to change the way we've worked forever people are

12:25 going to be starving in the streets you know like when steam started and factories it replaced a whole lot of jobs when electrification started it replaced a whole lot of jobs I mean I I walked over the main bridge in Melbourne a while ago it's um the one next to flinder Street Station it's still got the the lamps from Victorian era and I think there's a little plaque there I was reading something about how the job

12:45 of lamp lighter disappeared in the 1910s and the 1920s with electrification of the streets and they've just kept those for historical reasons but that's an example of a previous Industrial Revolution changing technology and the economy and the way things work and so the job of Lamplighter disappeared but so many other jobs and opportunities were created a new so yeah every time there's a fundamental shift and an industrial revolution we all tend to look on the negative side because we're

13:16 going to experience change but historically it's it's tended to create a lot more opportunities so I don't know maybe AI has some uniquenesses that we can't anticipate yet but I'm I'm on the fence about it and I think if you need to pick a side I think it's best to look on the side of opportunity and Novelty rather than Doom and Gloom so yeah I'm I'm I'm seeing my property portfolio as an alternative source of income in the

13:42 future but um yeah it's it's one function is in case something goes badly wrong with my business but I'm planning on adapting and changing and continuing to grow my business and my property portfolio is a sort of ancillary income okay so based on what you've said there Peter it sounds like AI is going to have an impact you're creating yourself a nice kind of buffer depending on what that impact could be because sometimes it does change very very quickly and you

14:12 cited the example with the lamp lighters that's a big one there was a period back in the 1900s early 1910s around about then when fossil fuels were discovered and whaling which had been the biggest industry in the world just basically collapsed over the course of a year 18 months gone and it the biggest industry in the world and now no one's doing it and the world didn't fall to pieces completely people end up doing different things which I think is really really

14:39 important for people to to realize and appreciate right it's not necessarily all doom and gloom similarly horses were a massive massive industry right especially in um in New York Henry Ford comes along with the motor car and now they're only like nine or or 12 or seven horses in New York City and they're all in Central Park sort of thing um and that just happens just like that so it can happen very very quickly that transition I think is what a lot of

15:08 people worry about and depending on whether or not they have transferable skills if someone's just good at doing one thing like if if someone's entire skill set is just being a a lawyer for example right just just to choose a career at random AI comes along now it can start writing contracts can start thinking about everything it's nowhere near that now right AI chat gbt can't even tell you how many hours are in Strawberry at the time of recording this

15:36 right it it messes that up I asked I asked it yesterday I was writing a piece and I just wanted to check how many days are there between now sorry how many weekends are there between now and Christmas and it said 30 like that sounds like it's more than half a year and you know the time of recording this were in September so I said he sure and it said yes 30 so like okay how many

15:59 days are there between now and Christmas Day and it said 105 so I said okay what's 105 ided 7 and it said 15 so I said so why did you tell me 30 and it says oh you're right H there are only 15 weekends until Christmas so it has trouble counting things right they're still they're still trying to iron out the creases but eventually it's going to be sorted out and it will be able to make legal contracts and things like

16:25 that if you're working in law then it might get tricky to justify the massive fees and things like that that people have to pay capitalism will do its job and maybe bring a lot of rates down and things like that which will be good for consumers but if you're a lawyer and that's the only thing that you can do it could be a potentially pretty scary thing because it's not necessarily an immediately transferable skill it's not

16:47 like someone is a is a is a chef and they lose their job a restaurant closes down they still have marketable skills and they can go and work in another restaurant or they can end up in another career relating to food they could become a food safety inspector or something like that right it's not something where there are tons and tons of new options so I think it is scary for people that do have a career or a

17:11 skill set that's not necessarily transferable nevertheless even if you do have a very transferable skill set that transition it's tough for people right I mean it's all very well you and I have skill sets that I feel are fairly adaptable a lot of people listening to this have skill sets that are more specialized and so less malleable to doing new things and that transition can be can be tricky and one of the things I think that really helps is having an

17:38 asset buffer if you have an asset buffer that just gives you a little bit of breathing room while you're making a transition it can really take the pressure off and that's where property becomes so important for people my view on that this is and uh sorry I'm I'm speeching I'm I'm I'm in I'm in lecture mode a little bit living in Japan where Society is fairly different in terms of their attitude towards money in Australia and New Zealand I've mentioned

18:06 this on the podcast before most people can survive a week two weeks is tight right because they're always leveraging to get more wealth to accumulate more wealth saving is not incentivized in Japan saving is incentivized and so these kinds of transitions that people have to go through they're used to in Japan because they have a buffer they have a buffer of cash that's just sitting in the bank if someone loses their job it's going to be hard to find

18:31 another one that's where the stress is but the financial pressure is not so acute in Australia the financial pressure you really start feeling it after after a week or two right you know you can make one week the second week it's really tight you need to talk to the bank by the third week you're starting to sell your stuff because in Japan people can go sort of 18 months and there's a there's a big difference there in Australia I also feel that if

18:55 you can build up a property portfolio over the next two three four five years that gives you that buffer so that when a when AI comes along it's not the end of the world for you it means that whatever it is that you're doing now that may be may may be heavily impacted by AI you've still got time to transition without putting yourself under an absolute ton of pressure and I don't know many things that can take the

19:23 pressure off as well as having a property portfolio can yes as you said earlier AI can't build houses um when you were talking I was think of maso's hierarchy of needs like you know the basic human needs for survival food shelter uh and the higher you go up the hierarchy the more kind of nice to have optional the needs become but the ones at the at the bottom of the hierarchy are absolutely fundamental like food shelter um and yeah housing is is is

19:54 essential um obviously food is essential as well so those are things that are going to remain Hands-On Industries and as we know Australia has a huge housing backlog for the population and we don't have enough builders in Australia so building like crazy is still not fixing the housing backlog and that's the well I mean housing economics is very complex and I try and read about it and understand it as best I can I don't have a very

20:24 sophisticated understanding of it which is partly why why I wanted to work with Dash because I know that I can't pick stocks myself and pick investment properties myself but from what I do understand there's there's a basic demand and supply problem as as one of the drivers is that the population is bigger than the uh housing Supply I think we're short of something like 10 or 20, houses in Australia maybe maybe that number is not correct but uh it's

20:51 it's several tens of thousands of houses and um the rate of population growth and the rate of constructing new houses isn't closing that Gap so for a for foreseeable future for for decades there's going to be um a shortage of housing in Australia and that surely will continue to drive prices up I I think you're 100% right Supply demand is the economic equation that pretty much no one can really get around and if we have a look at the supply of houses in

21:19 Australia we're producing fewer than 200,000 houses per year at the moment right and the number of building approvals has steadily been going down over the course of the last 10 years every year it's been becoming less and less so say there there's a housing crisis and then the following year they build fewer than the year before at the same time so we have fewer than 200,000 uh building approvals uh for the 12-month period at the same time we're

21:48 looking at numbers of what the immigration has been the immigration for a 12mth period that we looked at was 737,000 plus we have natural population increase right more birth than deaths of about 110,000 a year so we're looking at about 850,000 and yet building approvals that's not that's not the ones that actually get built right these are the these are just the approvals where the Builder has got permission is we're at under 200,000 so that means that the average number of

22:19 people per dwelling will be about 4.5 now at the moment in Australia it's way below that it's it's it's way below four so I can't remember the exact numbers but it's it's going to be very very very tight all of these things pushing the property market up and up and up and we're also in a Confluence between three big massive Paradigm shifting things we've got AI which we've

22:50 talked about and we're at risk of going down a pretty juicy rabbit hole but I'll we I'll restrain myself we have ai we have globalization right this idea of 15 minute cities and and control and all of that sort of thing and we have the economic Armageddon turmoil with the amount of inflation that's now getting pumped into our economies that are destabilizing things and the US is in a lot of trouble and there's a downstream effect and is there going to be a big

23:19 shift to a hard currency or or what's going to happen and all three of these things are pretty scary depending on what your outlook is and it sort of keeps coming back to well what's your safe haven and property just keeps on proving that well it gives you that buffer against AI invading your job and destroying your life or whatever gives you a buffer so that you can transition it's also a great hedge against inflation it's proven that it's a great

23:46 hedge against inflation over the last 70 years in Australia because it actually outpaces inflation which is a good thing and thirdly globalization 15 minute cities you will own nothing and be happy well if you have a property then you don't own nothing and and you've got somewhere where you can live and you can set the rules for for within your dwelling now we could go down the conspiracy rabbit hole and yeah well I'll take the property off you and blah

24:08 blah blah but I think we're a very very long way away from that in Australia from from anything like that happening so all roads seem to point to property naturally I would say that because I work for dash do we love property we we love it as an asset class we love what it can do so another unique perspective that I wanted to ask you about when we were having our our chat a couple of weeks ago uh we jumped on the

24:33 phone we had a little bit of a chat about what we're going to talk about on this episode and you mentioned um a perspective being a single investor and this is not something we've really talked much about to to other guests we've had on you know what's it like being single and being an investor what's the P how's the perspective different um yes well uh I'm I'm 43 years old um unfortunately I um got to dived a few years ago didn't have any

25:00 children so yes I'm a single investor in my early to mid-40s so yeah the um again risks and opportunities are quite unique uh the opportunity is that fortunately I have a fairly good income thanks to my business and I can make decisions by myself and keep my um cost of living relatively low if I want to and put money into investment but there's also the risk um I need to make decisions by myself it's nice in many ways to have a

25:30 partner or someone else to make decisions with and plan your long-term future with uh which I don't have at the moment so yeah the the property portfolio is also a kind of risk mitigation because I don't have a partner to rely on many people in relationships would consider their partner part of their safety net their financial safety net um but yeah I need to think about it as a single person and um yeah I guess it's partly long-term

26:01 retirement planning as well yeah it's it's it's quite a unique situation being an investor and being a single person traditionally to buy one's First Property you'd need the combined income of of two people in a couple and I'm I'm lucky that my income is high enough uh to to buy property on my own and now with the the grain portfolio that just keeps keeps rolling so yeah it's a it's a unique set of risk and opportunities

26:27 being uh being a single investor I mean it's the freedom part of it sounds good I shouldn't say that I'm married I'm gonna get in trouble the fre the freedom part the freedom part of that sounds great right sort of like if if you want to go to Barcelona for a weekend you you probably can sort of thing um you know just just whimsically you know oh well you know this football team's playing so I'm going to go and watch them you know

26:51 you can do those sorts of things but without that safety net of well what happens if something goes wrong who's going to look after me who's going to pay the bills that sort of thing I guess again sort of all all roads lead to property it seems like it's a it's a nice way of like do you feel more at ease now that you've got a few yes I definitely do um I've got my portfolio growth plan with Dash Dot and um we're

27:15 aiming to keep growing the portfolio over the next 10 to 15 years we're aiming to buy I think it's eight properties of which I bought two and I should be buying the third one um probably in the next six months but yes that definitely is part of my planning for well I'm in my early early to mid- 40s now so it's part of my planning for my my 50s and my 60s to have that additional income and part of my

27:41 retirement planning as well yeah I definitely do feel more confident it's um it's a very deliberate decision to invest like this and you've also been weighing up what to do with super whether to put more money in your super or to put it into property or even buy property within your super how's that all sort of panning out at the moment what's your current thought process yeah well as a as a being a a freelancer for

28:06 most of my working life I have done the freelancer thing and not paid myself a whole lot of super it's only really in the last few years that um my you can you're guilty so it's um it's only really in the last few years that my my my business has grown significantly and I now have the fortunate problem of having to plan where I put my money so I'm putting much of it in Investments but um

28:34 I'm also trying to catch up on years of not paying myself a lot of super uh at the moment I'm putting putting money into Super not thinking of doing a self-managed super Fund in property yet for the simple reason that I just want a bit of diversity in my investments so the super is obviously you get a bit of a tax concession for extra contributions to Super which is helpful at the moment and it looks like most of my investment

29:00 is going to be in property having some money in super invested in indexed funds however they do it is not a bad thing from a risk mitigation point of view spreading spreading risk into different asset classes but yeah for me I'm happy to have the majority of my investment in in property all right and so what's your vision for the property portfolio in 10 years time what's the dream is it concrete is it visualizable is it a

29:27 little bit cloudy what's the where's Peter in in 10 years uh well years ago when I was listening to property podcasts I would I would hear people say things like oh initially you're scrambling just to meet your basic needs and then you're if you have some extra money you can invest it and then if you make quite a lot of money and you become a a fairly wealthy person it's it sort of opens up this philosophical question

29:57 of what to do with this and how to make the world a better place and I think in um in dash do terms that's called called your legacy I've I've heard that referred to in um in earlier podcasts so yeah once once I've taken care of my own basic needs and my own basic uh Financial Security and created myself a a comfortable income and future I guess I would look at Legacy and looking at how to benefit others so it's

30:25 already been a a privilege for me to be able to donate money from my business to causes that I care about especially environmental causes so yeah I would I would like to be able to donate money in the future to cses that I care about and create opportunities for uh other people as well one of the opportunities that my my business and investment has given me is that I'm actually able to take the time to study music fulltime so I'm

30:53 studying music fulltime and also uh running my business which is a hectic and crazy but again this is one of the things that I can do as a single guy CU I don't have family obligations so if I'm working on stuff at at 7even or8 o'clock at night it's fine I don't need to stop for dinner time that's the freedom part that sounds good that's the freedom part so yeah that's that's part of the Legacy for me is I can do things

31:16 like work on my music study music and um I'm a I'm a writer so I'm working on a a novel it's a long-term project that I've been working on for about four years now so okay what's the Noel about are you allowed to tell us that R yes I'm supposed to have an elevator pitch uh but my my elevator pitch isn't that refined partly because I'm still working on the story it's a sort of um okay

31:40 let's say it's a um sort of rural dystopia set in South Africa it's a sort of futuristic novel set set deep in the countryside of South Africa and it's to do with uh history and relationship with a land and belonging so yeah that's that's what I'm working on at the moment and um I'm I'm actually going back Africa next month to do a trip uh with my with my dad which I'm quite excited

32:11 about um but yeah looking forward to some insiration the the novel has a compelling protagonist with a redeemable flaw of course of course of course of course that's what that's what we want we always are interest characters that are flawed because all of us are flawed we all have uh amazing potential and wonderful things but we also have flaws so yeah that's what that's what we want to see in in characters well see the heroes the

32:42 heroes always need to have a redeemable flaw right so that we we know that it's the floor but it's just them the antagonist has an irredeemable flaw and uh and then you have the love interest and hopefully she can stitch wounds because that'll that'll become that'll be handy in act two it's sort of I imagine I imagine you're probably not a play it by numbers writer there's there's probably a fair bit more creativity that goes into it it's not

33:07 just you know following the formula you know Shakespeare and three act wrapped up an MTV production values sort of thing but anyway all right that's another rabbit hole we can dive down another day I know those formulas uh and I have sort of planned up my novel a bit according to that but um I've only written about half of the first draft and mostly that's the first half so still working on the on the second half

33:30 uh so far it's just kind of like an unfolding sequence of tragedies so one of the things I need to do in my writing is try and work out some Redemption give the audience a happy ending somewhere along the way give give them a few a few small wins all right well um I'll be very keen to read it when it comes out how how long do you reckon it'll be until the novel gets produced oh I try and finish

33:58 a first draft this year and then finish a second draft maybe in this first half of next year so um yeah I've I'm I'm aiming to have it ready by mid next year are you using AI to help no no no no I have been talking to several writers about that I've got a friend who's a who's a writer who's a who's a successful novelist who's published quite a few and he says that he's been playing around with AI quite a bit there

34:24 are several different softwares that that writers novelist use and screenwriters use to keep track of the project easily so you can swap bits around and fit it into a structure and he was telling me about this product that has AI included and it can start giving you suggestions and uh yeah that's kind of the new world for writing is using AI it's a quite interesting topic to discuss about you know what's what's the value of art like why do

34:54 people like art and creativ and traditionally we'd say it's because of the human recognizing the humanity but if AI is doing it yeah this this is a topic we could dive down for weeks we could dive into for weeks um yes what is the purpose of art is Art purely the expression of beauty within the confines of a form or is there something else that we're supposed to be doing and thinking about it etc etc etc I would

35:22 say I would say the expression of beauty within the confines or within the constraints of a form is probably I don't I I'm not smart enough to be able to improve a definition or purpose of art beyond that but it's a fascinating topic and what does it mean to be human if AI is doing the art then what what is the point of us but we'll probably leave our loyal listeners on that fascinating little question to pose

35:49 themselves and think about and in the meantime I guess the big moral of the story is you can have all these conversations you can have ai coming along and having an impact on your job you can have globalists and whatever their agenda is it's published they publish it but it's always changing and who really knows what's going on there it's sounds like a bit of a conspiracy theory but also sounds like at least half of it's true plus inflation

36:14 monetary systems all fall into pieces immigration all of these things the constant that seems to help people get through all of that is property and you're a shining example of that Peter so thank you so much for jumping on and sharing your journey and sharing a unique perspective as someone whose role and job in company is taking a bit of an impact uh from AI also someone who has a different perspective being single and the pros and cons of that at your stage

36:42 of life and being able to balance the the freedom with also the risk because you know you don't have someone who's like backing you up on absolutely everything it's been really really interesting and I'm really glad that you could uh you could jump on and share that with everyone a great thank thank you it's been really wonderful talking to you and um I've been listening to the dash dot podcast uh on and off for many years it was actually part of what um

37:07 led me to work with dash dot so it's a great uh privilege to Beed for the dash dot podcast it's a big Master thank you for having me that's that's the best thing I can hear really well I'll stop talking because I don't want to ruin it thank you so much Peter and to everyone listening we hope you'll tune in to the next episode thanks bye thanks am [Music]

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