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The David Rubenstein Show
Stephen Schwarzman
Nov 14, 2019
Stephen Schwarzman, founder of the Blackstone Group, shares his remarkable journey from a middle-class upbringing in Philadelphia to becoming a titan in finance. He discusses overcoming the 2007 real estate crash and the lessons learned from his rejection from Harvard. Furthermore, he highlights his major philanthropic contribution of $350 million to MIT for AI education and the vision behind the new computing center. The conversation also explores the importance of effective marketing strategies and mental wellness in today's data-driven world.
22:51
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Quick takeaways
- Stephen Schwarzman's journey from a middle-class background to leading Blackstone illustrates resilience and advocacy in overcoming life's challenges, such as his Harvard rejection.
- Schwarzman emphasizes the critical leadership qualities of listening and fostering a supportive environment to inspire teamwork and positive organizational culture.
Deep dives
Meta's Commitment to Open Source AI
Meta's initiative to provide open source AI models empowers various groups, including small businesses, startups, students, and researchers, to access advanced technology at no cost. This accessibility encourages innovation, as it allows a broader range of individuals to build and experiment with AI without the constraints of financial barriers. The understanding is that when AI technology is democratized, its benefits can extend to all sectors of society. This shift in technology policy aims to foster creativity and collaboration across diverse communities.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode