Episode description
Episode description
It’s that time of year again. When we reflect on all of the things we’re thankful for…
Well, Mike is super thankful for YOU and being a part of his community. So as a thank you, they're replaying one of their recent, most popular episodes. Check out the original episode below and if you missed it the first time, you’re in for a real treat!
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Get ready for an epic convo on this week's Capability Amplifier podcast episode. Dan and Mike go deep on Dan's brilliant framework called the "Great Meltdown."
Dan argues that we are entering an era of slowing progress. The factors that fueled rapid growth over the past few decades - cheap money, abundant energy, plentiful labor, and low transportation costs — are evaporating.
He calls this the "meltdown" or MELT (and it’s a brand new book he’s working on).
This has huge implications for business and society. How do you thrive when the tailwinds become headwinds?
The basic idea is that Dan has identified 4 key factors that drive the speed of progress and change in business and society — Money, Energy, Labor and Transportation (MELT). And he reveals how tracking these 4 elements gives you an incredible predictive lens on where the biggest opportunities will be over the next 10-25 years.
Mike's biggest takeaway: entrepreneurs who can escape the grip of MELT will have massive advantages. Your business needs to drastically cut its dependence on money, energy, labor and transportation.
Easier said than done, right? Don't worry, they tell you how you can use the MELT framework to spot gaps in the market, craft game-changing business models, and build wealth even in turbulent times.
You'll love their spicy side conversation on today's bankrupt narratives like disruption and wokeness. Let's just say Dan and Mike have strong opinions!
Whether you're a founder, investor, or executive, this episode will change how you think about the future. The Great Meltdown is upon us, people. Time to get strategic!
Key Takeaways
- (02:24) Dan explains his “M.E.L.T.” framework for understanding how things are moving faster or slowing down.
- (12:15) What is power anyway?
- (21:45) The future of the US economy and Ai’s potential impact.
- (26:55) Combining Ai and Generative medicine.
- (35:34) Economic downturning, layoffs and bankruptcies.
- (42:43) Using Ai to increase revenue and productivity in business
Additional Resources
- Download Mike's free Ai Superpower Accelerator Toolkit to Multiply Your Productivity 10x or More! Ai Superpower Accelerator Directory by Mike Koenigs
- Get a copy of Mike's new book, “Punch The Elephant”