In late February of 2024, I wrote a post entitled, “The Number 1 Skill To Have Now – AI” that outlined what I think would happen with AI over a long enough time frame. Specifically, I wrote the following:
“I have a ton of books that I love such as Paul Coelho’s The Alchemist and would love to see a movie or TV show made from it. Will it be possible in a few years to upload the book and ask an AI prompt to create a video of this book? Think about the possibilities, can we ditch Netflix and simply have our own production studio on our laptop or cell phone?”
Well I just came across an article that pointed me to Showrunner.xyz which plans on letting users do just what I wrote a little over a year ago. I had thought it would take years for this type of service to develop but it took less than 18 months. I have not yet used the service so I don’t know if it’s any good and it’s probably very rough around the edges but the way image, voice, and music creation has blossomed over the same time frame I wouldn’t be surprised if we’re watching a fully AI created TV show by the end of the year or early next year.
Back To School
Now that I’m unemployed, I made the decision to enroll in some online college level courses on AI and I spend two hours a day learning. I thought I knew how to use AI tools but these courses have opened my eyes to some far greater capabilities that I haven’t been using. My recent post here and here made me think I was pretty advanced but I could be doing so much more.
What does all of this have to do with personal finance? Well everything just as math has everything to do with almost every minute of your daily life without you ever truly thinking about it.
AI will be used in virtually all aspects of your life at some point from job selection, medical screening, banking, credit risk, and thousands of other things that I can’t think of at the moment, perhaps I should ask AI?
Here’s a comprehensive and forward-looking list of the most probable uses of AI in daily life over the next 5–15 years, based on technological trends, societal shifts, and economic drivers. These uses are grouped by domain for clarity:
1. Personal Life & Home
- AI Home Assistants: Context-aware virtual agents that handle scheduling, household management, and personalized advice (e.g., “optimize my grocery list for my diet and budget”).
- AI-Driven Home Automation: Smart homes that learn behavior patterns, adjusting lighting, temperature, and appliances automatically.
- Personalized Entertainment: Dynamic, AI-generated movies, music, or games customized in real-time for an individual’s mood or preferences.
- Virtual Companions: Conversational AIs for companionship, mental health support, or social engagement, especially for the elderly or isolated.
- Smart Parenting Tools: AI tools for monitoring child development, tutoring, and even early detection of learning or health issues.
2. Work & Productivity
- AI Co-Workers: Intelligent agents that draft documents, analyze data, and manage tasks autonomously, freeing humans for creative or strategic work.
- Hyper-Personalized Training: AI-driven skills development programs that adapt to a user’s learning speed and style.
- Decision Support Systems: Predictive analytics that provide risk assessments, business forecasts, or market insights instantly.
- Automated Meeting Management: Real-time note-taking, summarization, task extraction, and action tracking for seamless collaboration.
- AI-Generated Reports and Legal/Financial Drafts: Standardized paperwork (contracts, compliance docs, financial statements) generated with minimal oversight.
3. Health & Wellness
- AI Health Monitors: Continuous biometric tracking with predictive health alerts (e.g., early detection of heart issues or metabolic problems).
- AI-Powered Diagnostics: Real-time symptom analysis through wearable devices or home scanners.
- Virtual Health Coaches: Personalized nutrition, exercise, and stress management plans.
- AI Therapy and Mental Health Support: Cognitive-behavioral therapy bots, emotional state monitoring, and mood regulation tools.
- Drug and Treatment Personalization: AI analyzing individual genetic profiles to recommend specific medicines or therapies.
4. Education & Personal Development
- Personal AI Tutors: Adaptive, 24/7 teaching across all subjects, customized to the student’s strengths and weaknesses.
- Lifelong Learning Advisors: Tools that recommend skills and courses based on career trajectories or personal interests.
- AI-Based Testing and Feedback: Real-time skill assessment with detailed feedback loops.
- Immersive AI Simulations: VR/AR learning environments where AI generates tailored scenarios for learning (e.g., historical reenactments, scientific experiments).
5. Shopping & Consumption
- Personalized Shopping Agents: AI that handles product research, compares prices, and places orders automatically.
- AI-Driven Fashion & Style: Virtual wardrobe assistants that design or recommend outfits based on personal taste, body shape, and current trends.
- Predictive Subscriptions: Automated purchasing of frequently used items before they run out (e.g., groceries, toiletries).
- AI-Curated Marketplaces: Shops where the layout and offerings change based on individual customer profiles.
6. Transportation & Mobility
- Autonomous Vehicles: Widespread self-driving cars, including ride-sharing fleets that operate without drivers.
- AI Traffic Management: Smart cities optimizing routes, reducing congestion, and improving safety in real time.
- Personalized Travel Planning: AI agents dynamically planning routes, booking tickets, and managing itineraries.
- AI for Micro-Mobility: Intelligent coordination of bikes, scooters, and small autonomous pods for local travel.
7. Social & Communication
- AI Content Filters: Tools that summarize, translate, and personalize news feeds and social media to reduce information overload.
- AI Conversation Aides: Real-time language translation and communication support in personal or professional settings.
- Synthetic Social Media Personalities: AI-generated influencers, entertainers, or even “digital friends.”
- AI-Enhanced Creativity: Collaborative content creation in writing, art, and music.
8. Finance & Economy
- AI Financial Advisors: Fully automated wealth management, tax optimization, and investment planning.
- Predictive Budgeting: AI tracking spending patterns and forecasting financial health.
- Fraud Detection: Real-time AI-driven identity and transaction security.
- Dynamic Pricing Negotiators: Personal AI agents negotiating prices for goods and services on behalf of users.
9. Civic & Environmental Impact
- Smart Governance Assistants: AI-driven platforms that explain laws, policies, and rights to citizens in simple language.
- Personal Carbon Footprint Monitors: AI tools that track and optimize sustainability choices.
- Disaster Prediction and Response: AI for early warnings and personalized evacuation or safety guidance.
- AI-Enhanced Public Safety: Predictive policing (with ethical oversight) and intelligent surveillance for community safety.
10. Emerging & Experimental Uses
- Personal Life Logs: AI agents recording, organizing, and summarizing your life events and memories for later recall.
- AI in Personal Identity Management: Digital “self-representatives” that handle interactions, emails, or negotiations.
- Emotional Synchronization Devices: AI wearables that adapt environments (music, lighting) to emotional states.
- Collaborative AI Swarms: AI systems coordinating multiple devices or agents for household or community-level tasks.
✅ Key Trend: Most AI will shift from being “a tool you use” to “a partner that acts proactively,” blending seamlessly into life through context-awareness, autonomy, and integration with IoT and wearables.
Sadly, if there is a great divide between the “haves” and “have-nots” this will be greatly exaggerated with AI technology. If you can’t afford the latest and greatest gadget and AI operating system then you’ll be left behind. I predict we will have “digital homeless” people soon enough beyond regular homelessness. When I was a kid, I begged my mother for a programmable graphing calculator and I can envision kids wanting an expensive device that can handle billions of AI tokens to perform optimum activities.
I expect a great deal of resistance to this whole new paradigm at some point. We saw vandalism on Tesla cars and dealership over some of the activities Elon Musk was conducting and that was simply cutting government services. What happens when AI eliminates entire industries?
Share The Wealth
What are your thoughts? Let me know in the comments below.