The Diary Of A CEO with Steven Bartlett

Daniel Priestley: Plumbers Will Earn More Than Lawyers! I Predicted 2008, Now I'm Warning About 2029

3996 snips
Mar 16, 2026
Daniel Priestley, serial entrepreneur and co-founder of Dent Global and ScoreApp, dives into AI’s economic shake-up. He explores a possible 2029 crash, why trades could out-earn lawyers, and the rise of niche AI-powered businesses. He also gets into personal brands, lifestyle businesses, disappearing jobs, and why human experience may become the ultimate moat.
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How AI Infrastructure Debt Could Hurt Everyone

  • Daniel Priestly's AI bear case is an Engels pause where wealth concentrates at the top while data center debt triggers wider damage.
  • He warns pension funds are buying packaged private credit backed by AI infrastructure that may not justify its economics.

Why AI May Force A New Economic System

  • Both men argue AI may force a new economic model because industrial age assumptions no longer fit a world of near free intelligence and aging wealth holders.
  • Daniel Priestly says UBI could be financed during deflationary AI gains, but expects governments may end up owning failed data center infrastructure.

Build Visibility And Practice Entrepreneurship Now

  • Build a small personal brand and try entrepreneurship in some form so you are not invisible during rapid change.
  • Daniel Priestly suggests side hustles, joining founder teams, studying entrepreneurial thinking, and targeting businesses aging owners want to exit.
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