What to do with your money if we're really heading for an AI apocalypse

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Intelligence Network • Data Science • AI Research • World News
Published: 2026-09-17T10:31:14.243Z • Permanent link

Renowned wealth manager and financial expert, George Soros, has been quoted as saying that in the event of an AI apocalypse, relationships will be the "asset that matters most." This assertion may seem unorthodox, but it is rooted in the understanding that the coming AI-driven transformation will fundamentally alter the way we live, work, and interact with one another. For instance, the increasing reliance on AI-powered systems has already led to significant disruptions in various industries, including finance and healthcare.

According to a report by the McKinsey Global Institute, up to 800 million jobs could be lost worldwide due to automation by 2030. The report emphasizes that while AI will create new job opportunities, it will also require significant changes in the way we work and interact with technology. In this context, the value of human relationships becomes increasingly important. For example, a study by the Harvard Business Review found that employees who had strong relationships with their colleagues were more likely to adapt to change and were more productive in the face of technological disruption.

Meanwhile, the AI safety research community has been sounding the alarm about the potential risks of advanced AI systems. For instance, the Partnership on AI, a non-profit organization comprising leading tech companies, has been working to develop guidelines for the development and deployment of AI systems. The guidelines emphasize the importance of transparency, accountability, and human oversight in AI decision-making. However, the pace of progress in this area is slow, and concerns about the potential risks of advanced AI systems remain.

The potential risks of an AI apocalypse have significant implications for the financial sector, particularly for companies that rely heavily on AI-powered systems. For example, the investment firm, BlackRock, has been exploring the potential risks of AI-driven market disruptions. In a recent report, BlackRock warned that the increasing use of AI-powered trading systems could lead to significant market volatility and instability. The report emphasizes that investors need to be aware of the potential risks and take steps to mitigate them.

Furthermore, the financial sector is also grappling with the potential impact of AI on job displacement. According to a report by the World Economic Forum, up to 75 million jobs could be displaced worldwide due to automation by 2022. The report emphasizes that while AI will create new job opportunities, it will also require significant changes in the way we work and interact with technology. In this context, the value of human relationships becomes increasingly important, particularly for companies that prioritize employee well-being and development.

The concept of an AI apocalypse is not new, and it has been discussed in various academic and policy circles for several years. However, the current pace of progress in AI development and deployment has led to growing concerns about the potential risks. For example, the 2019 report by the Aspen Institute, "AI for Humanity," emphasized the importance of developing AI systems that prioritize human well-being and safety. The report highlighted the need for greater transparency, accountability, and human oversight in AI decision-making.