Ubi stands for universal basic income and it's the idea that you get a check And you can do with that money what you want if you live in alaska, you have ubi already. The banks just created a ton more branches and the number of bank workers has not changed at all. It turns out when we automate we don't lose jobs we increase capacityAnd we increase capacity We have that much more economic activity and productivity. People worry about socialism and they're gonna use the money to further their education. Me and my wife will be able to buy nicer cars so then you have a thriving economy but still have a job market etc etc.
In this episode, Salim and Peter discuss what Elon should do with Twitter, the FTX crash, how AI actually helps us, and more.
You will learn about:
- The real challenge with Twitter
- Was FTX destined to fail?
- American Democracies shortcomings
- The future of robots & AI
Salim Ismail is a sought-after strategist and a renowned technology entrepreneur who built and sold his company to Google. He’s been featured in the most prominent publications such as NYT, Forbes, Fortune, and Bloomberg and has led lectures at the world’s greatest companies and about the future of Tech. Currently, he’s the founder and chairman of ExO Works and OpenExO.
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