Mark Cuban Emphasizes Reading and AI Literacy as Keys to Future Success

'Shark' Mark Cuban shares his success mantra, says these two simple things would help people to be successful

Mark Cuban advises kids to read books and learn how to use artificial intelligence, emphasizing curiosity and a mindset to learn. He spends four to five hours reading daily and highlights its importance among successful entrepreneurs like Bill Gates. Cuban's background includes co-founding a video portal and owning a stake in the Dallas Mavericks.If Mark Cuban were a kid today, he'd focus on two simple strategies to set himself up for future success. "When I talk to kids today and they ask me what I would do if I were 12, my answer is always the same: read books and learn how to use (artificial intelligence) in every way possible," the 66-year-old billionaire entrepreneur shared on BlueSky last week. "AI is a living library that provides responses and assistance, no matter who you are or where you live." According to Cuban, all it takes is "a smartphone, curiosity to experiment, and a mindset to learn," he wrote in a follow-up post. His emphasis on reading isn't new -- Cuban has long advocated for the power of continuous learning. "I read everything I can. I don't care what the source is," he told CNBC Make It in 2018, adding that he dedicates "four to five hours a day" to reading. This habit is something he shares with other highly successful entrepreneurs, including fellow billionaires Bill Gates and Richard Branson. Mark Cuban founded video portal Broadcast.com with fellow Indiana University alum Todd Wagner in 1995 and sold it to Yahoo for $5.7 billion in 1999. Today he owns a minority stake in the NBA's Dallas Mavericks and is cofounder of Cost Plus Drugs, which he launched in January 2022 with the aim of lowering prescription drug prices. Cuban sold 58% of the Dallas Mavericks in December 2023 for an estimated $2 billion (pre-tax). Previously, the billionaire sold stamps door-to-door as a kid and gave disco lessons to help pay his way through Indiana University. As per Forbes, Cuban has appeared as a judge on the popular ABC show "Shark Tank" for 13 of the show's 15 seasons and invested more than $22 million during that time.

Mark Cuban Shares 2 Things He'd Do At 12 To Succeed -- And They Work For Everyone

Billionaire entrepreneur Mark Cuban encouraged young individuals to concentrate on reading and comprehending artificial intelligence (AI) as a means to secure their future success. What Happened: While communicating on the social media platform BlueSky, Cuban underscored the significance of reading and gaining knowledge about AI. He portrayed AI as a "living library" that can aid anyone, irrespective of their location. He further mentioned that all one needs is a smartphone, an inquisitive mind, and a willingness to learn. "When I talk to kids today and they ask me what I would do if I were 12 today, my answer is always the same, read books and learn how to use [artificial intelligence] in every way, shape and form you can. It is a living library that gives you responses and can help no matter who you are or where you live," Cuban wrote on BlueSky. ''[It] just takes a smartphone, curiosity to experiment and a mindset to learn," Cuban wrote in another post. Known for his advocacy for reading, Cuban reportedly dedicates four to five hours daily to reading. He asserts that this habit is common among many successful entrepreneurs, including the likes of Bill Gates and Richard Branson. Also Read: Mark Cuban Warns Elon Musk Is Making Trump's Job '1,000 Times Harder' "You don't necessarily have to be great at AI to start a company, but at some point, you're going to have to understand it," he said in a podcast in 2022. "It's just like the early days of PCs. You didn't have to be good at PCs, but it helped. Then networks, then the internet, then mobile." As an investor in several AI companies, Cuban has likened the technology to the initial phase of personal computers. He is of the opinion that understanding AI will be vital for future entrepreneurs, similar to the importance of understanding PCs, networks, the internet, and mobile technology in the past. Why It Matters: As AI continues to evolve and influence various sectors, Cuban's emphasis on understanding this technology is timely. His comparison of AI to the early days of personal computers underscores the potential impact of AI on future business and job markets. The low usage of generative AI among young Americans, as highlighted in the 2024 report, indicates a significant gap that needs to be addressed to prepare the future workforce for an AI-dominated landscape. Read Next Mark Cuban's $400K Bet On Teen Founder Comes With An Unexpected Invitation: 'I Want My Daughters To Meet You, And Learn From You' This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs