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You know, if you've gone to
most airports now they have driverless trains.

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Yeah, you know Detroit Nor many
of them get on the air train.

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It's remote, you know, and
electric, and so pretty soon they'll be

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The shuttle busses will be that.
Pretty soon, the city mass transit will

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be that. Pretty soon, the
train and mass transportation system will be that.

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I think we're going to see that
first. And then you know,

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autonomous technology right now is here and
it's it's up to standard. It's just

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a question of us as humans being
willing to accept it. You're listening to

9
00:00:31,239 --> 00:00:36,799
Carrie. Let'sa's financial survival network where
you get valuable information you just can't find

10
00:00:36,840 --> 00:00:42,920
anywhere else to thrive in today's trying
times. You need the Financial Survival Network

11
00:00:43,240 --> 00:00:48,479
now more than ever. Go to
Financial Survivalnetwork dot com and get your free

12
00:00:48,520 --> 00:00:58,719
newsletter and gift. Financial Survival Network
now more than ever, And welcome you

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00:00:58,840 --> 00:01:03,079
are listening to watching the Financial Survival
Network on yours Carrie Lutz. Well,

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00:01:03,280 --> 00:01:07,040
it's a new year. There's new
things happening. There's things that were happening

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00:01:07,079 --> 00:01:12,480
before that you didn't even realize were
happening. The Master of trend Analysis Carl

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00:01:12,519 --> 00:01:19,920
Gould is with us now you find
him at Carlgould dot com and Carl's happy

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New Year. It's great to have
you back on the show. Hey,

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happy twenty twenty four, Carrie.
Great to be back and looking forward to

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a productive year. All right,
so what of twenty twenty four? What

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you know, we've talked about people
working from home, not going back to

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the office. This has led to
like massive dislocations in the commercial real estate

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industry. Things like that are going
on. Looks like less and less people

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heading to the malls all the time. What do you see for twenty twenty

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four in terms of trends. Yeah, so if we want to take commercial

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real estate as the first one,
commercial real estate has to reinvent itself.

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It's been a troubling time. The
pandemic accelerated what was already happening, which

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is that you know, companies just
simply don't need as much space as they

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did before. Right, so the
pandemic comes along. We have to set

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all of our employees home. But
we've got these massive leases that we have

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for commercial real estate, so we
have to get rid of those. We

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have the league, we have to
break those leases. We have to get

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out of that commercial space. And
so now there's a glut of office space.

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The New York City has off the
space. There are a number of

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you know, there are hundreds of
thousands of square toir feet that are empty

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right now. And the commercial real
estate world has to reinvent itself and you're

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seeing it where they're converting what was
once off the space into partially residential,

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partially industrial. There's rezoning that's going
on now because of that that affects businesses.

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They don't they want to come back
to the office because over the last

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couple of years they realized that you
don't build a great business by sending everybody

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home, putting them in a silo, and then rarely speaking with each other.

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So they want everyone to come back, but they don't even have the

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space for all of them if they
could get them back. So what are

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they doing. So the hybrid work
for the hybrid workplace is becoming more and

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more prominent, and you're going to
see that as a trend for at least

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the next five to ten years.
Okay, So the hybrid workplace, we're

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talking where you work like two days
or three days in the office, two

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or three days at home. So
can people really be as productive at home

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as they are in the office.
We're not talking about people that own their

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own companies, but employees and other
contract workers and such. Is it possible

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to keep them as productive? I
struggle with are they as productive? They

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can be efficient a little bit more
efficient because they're not driving for work and

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driving back, and if they're already
on their computer. There are certain things

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that if you know, for a
long, long term project, that sort

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of thing, so they're not in
erupted as much. But for the most

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part, you're going to be more
productive at work. There was a study

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that showed that if you put a
lowerduct productive person next to a higher productive

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person, the lower productive person will
increase their productivity by at least fifteen percent

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just by being in the same room
with a higher achiever or a higher product

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higher performing person. So there is
something about being in the same room with

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other people. Right You're not as
likely to just go take a nap or

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walk in the next room and watch
TV. If you're at deep office,

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you're more likely to maintain the momentum
of the day and you're more likely to

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get things done. If you have
to leave by a certain time, whereas

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when you're working at home, you're
gonna say, yeah, what's the big

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deal, I'm home anyway, I'll
just pick it up tomorrow. So there's

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that aspec and there's also the mental
health aspect of it. We you know,

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it's those coincidence that mental health issues
have risen, you know, during

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the time of the pandemic when everyone
was stuck at home for that extended period

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of time. It's not a coincidence. Okay, So I buy that that

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productive people, that's why you hired
them, and they bring a certain energy

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to your workforce and help you get
more out of your workforce than you could

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perhaps by yourself. Is there any
way to replicate that from working from home?

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Do you think? Well, you
could have, and I've seen teams

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do it. You could have what's
called virtual workshop time. So rather than

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having a huddle that says, hey, for the next few days, we're

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going to work on these projects on
our own, you would leave the video

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on as if everybody was in the
room together, and you would all be

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working and collaborating as if you're all
in the same room. So there's a

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law firm that we know of where
one of the one of the partners at

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his desk leaves his video on if
he's working remotely, and you can walk

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into his office as if you were
there, and you could have impromptu meetings

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on the spot. So there are
ways to do that. We've seen that

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work that could be And again,
you still have the you know, you

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still have the person looking at you, you're looking at them, you're working

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together at the same time, So
there are there are ways that you could

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be a bit more productive. The
other thing that you can do is use

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a techniquell time blocking where you where
you block out, say two hours,

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and you say, I'm going to
give you this deliverable two hours from now,

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let's say two o'clock, and that
person at eleven fifty goes on there

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and says, hey, do we
have that. Yes, we do,

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great, thank you, and they
take that and they run with the next

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they run with the next part of
that task. So you can use time

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blocking, you can use deadlines,
you can use open virtual workshops. So

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there are ways to remain equally as
productive. Okay, so you know,

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I was watching something the other day. Even air traffic control towers they're doing

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remotely. No, obviously you can't
be an air traffic controller from the comfort

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of your living room. But they're
actually in smaller airports with less traffic.

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They're setting up remote towers, and
then in a larger air traffic control center

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they've got the feeds to those cameras
and a controller you know, spends part

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of his time controlling that airfield that
was otherwise uncontrolled and hopefully making them more

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safe. Sapping mostly in Europe,
not so much in the US, So

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that type of remote work really can
be beneficial. And the ability to tie

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together offices so you have a big
screen there and you keep the video feed

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going and everybody's one kgappy family,
right, yeah, you're live. It

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might be best. So if you
think about it, if you have three

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small airports that required one person at
each, that person is literally working in

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a silo by themselves. However,
you take those same three people, put

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them in the same room and say
you are now responsible for these three small

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airports. You can have rotating ships, you have people collaborating at the same

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time. That might actually be that's
one of those scenarios where being remote,

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because it's live, it's interactive,
and it's collaborative, you know, can

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build a really strong culture yeah,
yeah, I like the concept of it,

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and it should increase overall safety and
then it's pretty soon it's like,

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you know, they build these huge
towers at airports. They're like three hundred

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and fifty feet high, so they
can see everything that's going on, and

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still they can miss things. But
if you have like a bunch of video

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feeds, they don't necessarily need to
be at the airport or in They could

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just be in a regular building and
doing the same or better work. So

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this is the example where the technology
just never really it never really stops moving,

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does it, right, And in
a case like that, they're using

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basically the same technology that they would
use if they were at that airport.

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Yes, you are missing the availability
of a window where you can look out

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and physically see the runway, but
for every other use, you know,

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it's the same. So yeah,
those are some examples as to where it

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could be. You know, I
think over time, as we're seeing a

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massive restructuring of the workforce. Now
we always say to our clients, you

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should staff to the valleys, sub
contract to the peaks. That's a big

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thing for us, so and we're
seeing that more and more as a trend.

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So companies are saying, what's our
slowest time of year. We will

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have w two employees for that,
and we will use agencies and other companies

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in a strategic alliance to cover our
peak busy times. That's going to allow

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a company to correct itself and have
everybody back into an office. So I

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think the trend is back to the
office. The office is going to be

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a more enjoyable place to be because
it's not just going to be work.

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It's going to be work play,
right, You're going to work play,

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relax. It's going to be like
a third spot. There's going to be

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a lounge. There's going to be
some interactive areas, there might be a

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gym in the building. You know, it's going to have other services.

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So going to work is not going
to be the same as it was,

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you know, ten twenty years ago. Hey, I find it interesting.

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You know, I've been working from
home for the past thirteen years, and

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for me, it's my company.
I'm going to be as productive as I

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can be regardless where I'm working.
But I do miss the concept of having

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some place to go, and I
thought about a co working space. It's

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just not practical when you have a
studio. They do have studios there,

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and I kind of discounted that,
but I do miss the ability to see

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people and interact and tell jokes and
stories and all that. So I feel

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like this millennial generation or disease who
really came into the workforce during the pandemic

149
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and after kind of missing out on
something. Hey, one other trend I

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want to talk about is the real
robot trend optimists from Tesla, which appears

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that they're really going to be doing
tasks that in the past only humans can

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do. And how fast is that
going to catch out? I think it's

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going to be huge, Yeah,
I think. Look, robots have been

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part of our lives for years.
We haven't used the word all that much,

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but when we send an email,
we used a robot. When we

156
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went online, and we reserved our
table at a restaurant, we used robot.

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Right, So robots have come in
a lot of different forms, but

158
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robots, you know, robots have
been cutting our lawn and they've been cleaning

159
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our carpets for a while, you
know, and robots have been cooked,

160
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you know, uh, brewing our
coffee and heading over a lar you know,

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sending you know, announcing our alarms. In the morning. So,

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yes, you're going to see a
trend where there's going to be more and

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more and more robots. So you
remember the Jetsons cartoon, all right when

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you're a kid. I love that. That was basically the final It was

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the Flintstone set in the future exactly
exactly exactly, so the Jetsons where there

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was a robot made and they did
video calls, and they got into the

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little spaceship and when they went to
their office, and you know the kids

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used at the time, they show
that they used these phones, these these

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small phones that you could make video
calls on all of those things. That's

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where we're headed because look, the
reality is is there are certain asks that

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we just as humans don't need to
be doing, but we're doing them because

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we haven't invented the robot yet.
Think about we used to wash our dishes

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by hand. We put them in
a dish washer. Now is anybody really

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lamenting the fact that we're not washing
dishes? You know, is there gonna

175
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be a world crisis if you know, all of our carpets and our walls

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get cleaned by a robot or a
drone. No one's gonna care because we

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don't want to be doing that work
anyway, right, So there are certain

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work that just makes sense to because
you know, and it just there's better

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things to be doing with our time. And so I think you seeing increasingly

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more use of robots, and I
think we're going to embrace it. I

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don't think this is one of those
things that we're regretting or trying to shun.

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I think we want them. I
think there's jobs that we never contemplated

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doing because it is impossible for a
human to do it. And these jobs

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will be able to be performed by
robots and they're meaningful, but they were

185
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just impossible before this. Remember that
the tractor was going to end civilization as

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we knew it because it was going
to put the farmer out of work.

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And what are we going to do
with all the rules and the courses,

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Yeah, a tractor. Right,
So you're right the people think that technology

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is going to hurt or change our
lives. It's the opposite. The lack

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of technology is slowing down the progression
in our lives. I go back ludd

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Heights. They were members of a
nineteenth century movement of English textile workers who

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opposed the loom. You know,
Yeah, fortunately they lost because if they

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00:14:43,039 --> 00:14:46,840
had won, Uh, we probably
wouldn't have any technology. Now that was

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00:14:46,879 --> 00:14:52,519
two hundred years ago, exactly exactly, and because of the loom, it

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led to other types of manufacturing,
and now we have mattresses and slows and

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we can create products that we could
never create before for on any on any

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00:15:01,240 --> 00:15:05,279
scale. I mean, it's going
to it does require change, and I

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00:15:05,320 --> 00:15:09,080
know change is scary for some people, but at the end of the day,

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there are you know, technology is
going to make our lives better in

200
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many ways, not necessarily inhibitos.
And you know, if they try to

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go smash the Optimist robots, those
robots might be fighting back, right,

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Well, we want that jets since
we don't want the turbineer for sure.

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That you know, well in warfare, you know, drones and everything else

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we're saying in pretty soon, I
believe that robots will displace many of the

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soldiers on the battlefield and then it's
going to be who can build the best

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robots and with the most robots at
any any given time. Right, Oh,

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there's no doubt. Listen, my
son is in the army, he's

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out in the field, and I
love the fact that they have drones that

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they can send a personal drone around
the corner to see where the enemy is

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rather than sending humans out there and
only one, you know, to find

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out where the enemy is. So
yeah, drones are very much in use.

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Writing it out a lot of technology. If you remember, the reason

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why the movie Top Gun Maverick book
so long to make was they were trying

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to find a viable story because in
you know, in air warfare, drumones

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are in such prominent use. There's
just simply not a lot of adult fighting

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that happens anymore. You know,
we have the planes, we need them,

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but the drones do most of the
dirty work they do, and they

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combine, they become a force multiplier. Well, thank you for your sacrifice

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and your son's service. We appreciate
that. And yeah, it's it's it's

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really interesting because you know it just
the AI combined with the robotics taking over.

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I mean, you can see the
day coming when knocking any drivers anymore,

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right right, well there, you
know you're starting to see that already

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with municipalities airports that are using you
know, if you've gone to most airports

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00:17:10,720 --> 00:17:15,599
now, they have driverless trains.
You know, Detroit newer many of them

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get on the air train. It's
remote, you know, and electric,

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and so pretty soon they'll be the
shuttle busses will be that. Pretty soon,

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the city mass transit will be that. Pretty soon, the train and

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mass transportation system will be that.
I think people are going to see that

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first. And then you know,
autonomous technology right now is here and it's

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it's up to standard. It's just
a question of us as humans being willing

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to accept it. But the technology
is here now, we can deploy it

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now. Yeah. So you know, with this winter and this cold staff,

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there was a lot of things that
people having problems charging their cars at

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public charging stations the evs and the
range goes down because it's cold, and

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00:18:00,119 --> 00:18:03,160
you know that the modern day Luddites
are basically saying, no, you see,

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we told you these evs are do
good. But evs are here to

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stay right and they're going to predominate. There's no question. There's no question

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the evs are here to say.
You know, let's think back to when

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cell phones first came out. There
are more cell phones than this than there

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00:18:18,640 --> 00:18:22,599
was support. You know, the
more there was more cell phones than there

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00:18:22,599 --> 00:18:25,359
were networks to support them. Remember, when you the whole thing. And

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we still talk about it today.
How many times do your calls drop?

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00:18:27,200 --> 00:18:30,559
How many times you drop me?
Can you hear me? Yeah? Hear

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00:18:30,599 --> 00:18:33,480
me? Now? Can you hear
me? Now? Do you have me?

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00:18:33,680 --> 00:18:36,920
Oh? Sorry, dropped off the
call? We accepted it was there.

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00:18:37,200 --> 00:18:40,680
There are still more. I remember
I had the big bag phone in

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my mica. Oh god, you
know in the night right, yeah exactly,

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it was. It was a you
know, it's like that you know,

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recon thing you put on your back. It was. It was a

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00:18:52,000 --> 00:18:57,720
brick and and so even still thirty
years later, there's still more phones out

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there than you know, networks to
support it. Go to a hotel or

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00:19:03,359 --> 00:19:06,960
go to a concert, or go
to a you know, a conference center

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and try to use the Wi fi
there. It's so slow because it can't

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00:19:10,559 --> 00:19:12,480
handle the ten thousand people that are
on it at it and given time.

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So there's always going to be that, and ev car sales will always be

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00:19:18,400 --> 00:19:22,799
greater than the electrical grid to support. It's always going to be the case

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for the next you know, probably
yeah, exactly exactly. But you know

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what's going to happen is it will
force those that will profit from it to

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00:19:33,000 --> 00:19:37,480
figure out how to make better battery
technology, or if you remember, Tesla's

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00:19:37,519 --> 00:19:41,079
vision in the beginning was that they
would own the battery. You would drive

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00:19:41,200 --> 00:19:45,599
the car, so you'd pull into
a charging station, they would just swap

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out your battery pack. Right,
So we might see, you know,

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the fuel cell. We might see
that, you know, the battery cell,

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00:19:52,359 --> 00:19:55,240
I should say, so we might
see that still, I mean there

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00:19:55,440 --> 00:20:03,720
there will be there will be uh
echnol much fool advances that allow for us

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to support the electrical grid. You
know. I think I think those cars

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make sense. There's a lot of
there's a lot less moving parts, there's

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a lot less maintenance. You ask
a Tesla owner how much service they have

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to do to their vehicle after for
a few years, they just it's rare.

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It's software update. You might have
to redo the breaks, you might

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have to change the tires. But
it's a lot less moving parts. So

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there's a lot of efficiencies there,
you know. So I see that's a

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00:20:29,319 --> 00:20:32,759
trend that's going to continue. Very
true. Well, a lot of interesting

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00:20:32,839 --> 00:20:37,839
things coming for twenty twenty four,
and you just have to pick your place

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00:20:37,119 --> 00:20:41,799
and go for it. I think
Carl, just tell us again, where

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00:20:41,799 --> 00:20:44,839
we find you. How we connect
with you on the web. You can

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00:20:44,920 --> 00:20:48,559
find me at Carlgould dot com.
That's c A R L G o U

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00:20:48,880 --> 00:20:52,480
l D dot com and that's the
best way to do that. We can

279
00:20:52,519 --> 00:20:57,240
intersect, all right, and we'll
save you the typing in the URL.

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00:20:57,680 --> 00:21:03,640
Just go to the show notes to
this show and Financial Survival Network dot com.

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00:21:03,680 --> 00:21:06,200
The link is there. Click it
take you right there. While you're

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00:21:06,240 --> 00:21:08,839
there, sign up for your free
newsletter Carl Always a pleasure. Thanks for

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00:21:08,880 --> 00:21:12,319
stopping by, Thanks Kerriy. Happy
twenty twenty four to you all. Thanks

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00:21:12,400 --> 00:21:18,839
for listening to Carrie Lenz's Financial Survival
Network, your solution to today's trying times.

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00:21:19,119 --> 00:21:25,720
For the latest, go to Financial
Survivalnetwork dot com. Financial Survival Network

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00:21:26,000 --> 00:21:26,559
now more than ever,