00:00:00
I think the greatest brand destruction
00:00:01
of the last 18 months is the US brand
00:00:03
abroad and AI. So with America, Trump
00:00:06
has been convinced that this was his
00:00:08
defining moment to be known as president
00:00:10
that liberated the Middle East. But I
00:00:11
think the Trump administration will be
00:00:13
[music] known for criminal corruption
00:00:14
and incompetence and that incompetence
00:00:16
is bubbling up. And then the second
00:00:18
greatest fall is AI and also Sam Altman
00:00:21
who's gone to the dark side. And I'm an
00:00:23
AI optimist, but here's what we fail to
00:00:25
understand these tech CEOs. They do not
00:00:27
have our best interests at heart. Scott,
00:00:29
I was thinking come to you to help
00:00:31
myself form my opinions on some of the
00:00:32
most sort of consequential issues going
00:00:34
on in the world and when I look at some
00:00:35
of the quotes from the CEOs of these AI
00:00:37
companies, I've got one here from Elon
00:00:38
that says AI and robots will replace all
00:00:40
jobs. What's your view here?
00:00:41
>> I think it's mostly The
00:00:43
catastrophizing is nothing more than
00:00:45
thinly veiled attempt to say my
00:00:46
technology is so devastating that it's
00:00:49
going to shift society and you should
00:00:50
invest at this crazy valuation. And the
00:00:52
data doesn't reflect that there's some
00:00:54
big exogenous meteor coming for the
00:00:56
employment market. But I believe that
00:00:58
it's actually going to create more jobs
00:01:00
than it destroys. But the scary thing
00:01:01
for me is that because of AI and because
00:01:04
of these frictionless relationships that
00:01:05
people are engaging in online, I think a
00:01:07
lot of young people are losing the
00:01:09
ability to endure rejection. But I think
00:01:11
a more important technology in terms of
00:01:13
how it's going to change the world and
00:01:14
what will create more shareholder value
00:01:15
is not AI. It's really
