Robert Kiyosaki's warning of 'massive unemployment' due to the 'biggest change' in history. Is your job at risk by 2026?

Robert Kiyosaki, the author of Rich Dad Poor Dad, believes that artificial intelligence (AI) will have a profound impact on the job market, unlike anything we've seen before. He refers to this shift as the "BIGGEST CHANGE in MODERN HISTORY," emphasizing that AI will lead to significant job losses, particularly for "smart students" who might find themselves replaced by machines. Many will face this challenge while still burdened by student loan debt.

Other tech leaders share similar concerns. Dario Amodei, CEO of Anthropic, an AI company, warns that AI could eliminate half of all entry-level white-collar jobs, potentially driving the unemployment rate as high as 20%. Elon Musk, the CEO of Tesla and SpaceX, has also commented on the future of work, suggesting that as AI develops, employment may become optional. Musk predicts that work could become more like a hobby or leisure activity, with people choosing to work only if they enjoy it, much like how some choose to grow vegetables in their backyard despite it being harder than buying them from a store.

However, Musk also notes that while AI and robotics are advancing rapidly, there is much work to be done before we reach this stage, and for now, money remains an essential part of life.

Protecting Your Income in the Age of AI

Kiyosaki advocates for building passive income streams to protect oneself from the disruptions AI might cause. He states, "AI cannot fire me because I do not have a job." His financial journey took a different path than conventional advice, which often focuses on getting a stable job, paying taxes, saving money, and investing in traditional financial assets. Instead, Kiyosaki followed his "rich dads" advice, becoming an entrepreneur, investing in real estate, and accumulating assets like gold, silver, and Bitcoin.

For Kiyosaki, passive incomeespecially through real estateis key to safeguarding ones financial future. He regularly advises people to explore entrepreneurship and invest in income-generating real estate, which can provide consistent cash flow even during market downturns. He believes that owning property provides a hedge against the volatility of traditional stock markets.

The Power of Real Estate Investment

Real estate has long been a favored method for building passive income. Unlike stocks, which can fluctuate wildly with market news, high-quality rental properties continue to generate steady income. Kiyosaki has shared that he owns 15,000 houses for investment purposes, which provide reliable income streams.

For those not as wealthy as Kiyosaki, there are now easier ways to get started in real estate. Platforms like Arrived allow everyday investors to buy shares in rental properties with as little as $100, providing exposure to real estate without the hassle of managing tenants or dealing with maintenance issues.

Investing in Precious Metals

In addition to real estate, Kiyosaki also advocates for investing in tangible assets like gold and silver, rather than relying on what he refers to as "fake money" (fiat currency). He believes these precious metals serve as a safe haven during times of economic uncertainty. In late 2023, Kiyosaki predicted that gold would rise above $2,100 an ounce and potentially reach $3,700. His prediction came true, with gold reaching an all-time high of $4,379 per ounce in October 2023 before stabilizing around $4,200 by December.

Gold is considered a protective asset because it is not tied to any one currency or economy and cannot be printed at will like fiat money. For those looking to take advantage of golds stability, a gold IRA can provide tax benefits while safeguarding retirement funds from economic instability.

The Role of Bitcoin in Diversifying Wealth

Additionally, Kiyosaki is a strong proponent of Bitcoin, the worlds leading cryptocurrency. Despite its volatility, Kiyosaki views Bitcoin as an important asset for diversifying wealth in the modern age. However, the market for Bitcoin has been unpredictable. In December 2023, Bitcoins value fell below $90,000, down from its peak earlier in the year. For those willing to take on the risk, Bitcoin continues to offer opportunities for investment, particularly during market dips.

For individuals interested in cryptocurrency, platforms like Robinhood Crypto make it easier to buy and sell Bitcoin and other digital currencies without paying trading fees. Robinhoods low trading costs provide a way for new investors to enter the crypto market with less financial commitment.

Managing Your Finances for AI-Driven Change

Building passive income is just one part of the equation. Kiyosaki also advises individuals to take a close look at their monthly expenses. By categorizing spending into necessities (such as rent, utilities, and healthcare) and discretionary spending (like dining out or shopping), you can identify areas where you might cut back. Building a financial buffer in preparation for potential job loss due to AI can give you the breathing room to reskill or explore new opportunities.

In addition to trimming discretionary expenses, Kiyosaki recommends addressing recurring costs. For example, car insurance is a significant monthly expense, but many people may be overpaying. By using tools like OfficialCarInsurance.com, you can compare quotes from different insurers to find the best deal. Even small savings on everyday expenses can add up and help prepare you financially for the disruptions ahead.

Conclusion: Preparing for the Future

In conclusion, Kiyosaki's warnings about AI-driven unemployment highlight the importance of adapting to a changing world. By building passive income streams through real estate, precious metals, and cryptocurrency, as well as managing your personal finances effectively, you can shield yourself from the potential economic upheaval that AI might bring. While the future remains uncertain, taking proactive steps today can help ensure that you remain financially secure in the years to come.

Sources:

• Robert Kiyosaki warns of ‘massive unemployment’ caused by the ‘biggest change’ in history. Are you at risk in 2026?

Author: Lucas Grant
Lucas Grant is a sports journalist with extensive experience covering football and basketball championships. Known for factual accuracy and an engaging, dynamic writing style.