History’s biggest recession on the way, AI will eliminate millions of jobs, warns expert; Advises how to survive and earn millions

Increasing demand for industrial and solar energy is a major reason behind the expected rise in silver prices.

New Delhi: The biggest economic collapse in history has already begun. Renowned author and investor Robert Kiyosaki has warned investors about this. He believes this recession will first affect the United States, then spread to Europe and Asia. Kiyosaki emphasizes investing in precious metals and digital assets like gold, silver, Bitcoin, and Ethereum. He particularly calls silver a safe bet. It is expected to reach $200 by 2026, four times its current price. He has set a short-term target for silver at $70. According to Kiyosaki, this recession could make a few prepared people rich, while millions will lose everything. He said, “AI will eliminate jobs, and when jobs disappear, office and residential real estate will also collapse.”

Kiyosaki positive on Bitcoin

A few days ago, Kiyosaki revealed that he had sold $2.25 million worth of Bitcoin at a rate of $90,000 per Bitcoin. This means he sold 25 Bitcoins, which he had purchased at $6,000 per coin. Thus, he earned a massive 1,500% profit on his investment in Bitcoin in just a few years. He stated that he remains positive on Bitcoin.

Recently, the price of Bitcoin fell more than 35% from its all-time high of $126,198.07 to $80,659.81. However, the digital asset saw some improvement on Monday.

AI will eliminate millions of jobs

Kiyosaki believes that artificial intelligence (AI) will eliminate jobs. This will also lead to a decline in the office and residential real estate markets. He said that those who are prepared can become rich in this recession, while millions will lose all their wealth.

Increasing demand for industrial and solar energy is a major reason behind the expected rise in silver prices. Furthermore, a shortage in silver supply and its growing popularity as a safe-haven investment could also drive its price higher.

Despite Bitcoin’s recent decline, some analysts see it as an opportunity. He believes there is still plenty of money in the market ready to invest in crypto. He advises investors not to panic, but to invest wisely.