Lex Fridman Podcast

#91 – Jack Dorsey: Square, Cryptocurrency, and Artificial Intelligence

28 snips
Apr 24, 2020
Jack Dorsey, co-founder of Twitter and CEO of Square, dives into transformative topics like cryptocurrency and artificial intelligence. He shares insights on enhancing access to the economy through technology and discusses the potential of Bitcoin in challenging traditional financial systems, particularly for underserved communities. Dorsey also reflects on personal growth through fasting, the importance of contemplating mortality, and the philosophical implications of AI and identity. This conversation is a blend of innovation, existential musings, and the future of finance.
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ADVICE

Scaling Engineering

  • Hire people you can learn from to build at scale.
  • Break down problems into smaller, manageable parts.
INSIGHT

Increasing Economic Access

  • Increasing access to the economy requires a shift in mindset from distrust to trust.
  • Verify constantly, focusing on individual transactions rather than overall merchant history.
INSIGHT

Internet Native Currency

  • The internet needs a native currency like Bitcoin for global economic participation.
  • This removes reliance on local banks and varying regulations, enabling faster product launches.
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