Use AI or decay
At a 2025 Family Office Club event, Richard opened an AI session with a warning he credited to Mark Cuban. He paired it with a line from a founder in the room.
Cuban's warning
As Richard tells it, Cuban said that either you have a company using AI, so you are stable or growing, or you are decaying because you ignore it. Richard said that shows how important AI has become.
Not AI alone
Richard framed the risk this way. It is not AI by itself that replaces you. It is a person using AI, or a competitor using it.
Capital and AI as electricity
Richard pointed to Michael Scott, a founder in the room. Scott had said at Family Office Club's AI mastermind that capital was like electricity for his business, and AI is similar. Plug into either and you grow faster.
In Richard's words
"either you have a company using AI, so you're stable or growing, or you're decaying or going out of business because you're ignoring AI." (Richard C. Wilson, 2025 Family Office Club event)
"If you can plug into capital, you grow faster. If you can plug into AI, you grow faster." (2025 Family Office Club event)
How to use this
- Pick one core workflow and test an AI tool on it this month.
- Watch what competitors automate.
- Treat AI skills as part of every hire, not a separate team.
- Measure time saved and reinvest it in higher-value work.
Questions and answers
What did Mark Cuban say about AI?
Per Richard, companies either use AI and stay stable or grow, or ignore it and decay.
Will AI replace people?
Richard says the bigger risk is a person or competitor who uses AI.
What does capital as electricity mean?
A founder told Richard's group that capital powers growth, and AI does the same.
Where did Richard share this?
At a 2025 Family Office Club event.