Lex Fridman Podcast

#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology

Nov 25, 2020

01:45:28

Creator website

Highlights

AI Chapters

Episode notes

How to Overcome the Data Bottleneck

01:39

The Impact of Artificial Intelligence on the Economy

04:21

Apply Development vs Basic Research

01:55

Introduction

3min

Vincero Watches - A Dog's Best Friend

2min

The Forsegmatic Holiday Sale - Get Up to 50% Off

3min

The Greatest Shortcoming of the Human Race Is Our Inability to Understand the Exponential Growth

3min

Is Exponential Growth Generally Applying?

2min

Elon Musk's Exponential Thinking

2min

Is It Possible to Stack on Top of Revolutions?

2min

Is the Moore's Law Going to Continue?

3min

How to Overcome the Data Bottleneck

2min

10.

Will We Have a Self-Driving Car?

2min

11.

The Way More Approach to Self Driving?

2min

12.

Is There a Long Tail of WeirdExceptions?

2min

13.

The Right Marketing Move for AI Systems

2min

14.

The Power of Electric Motors

4min

15.

What Do You Expect to See in Productivity?

5min

16.

Are There Different Revenue Models?

3min

17.

How to Make It More Painless for Us to Buy Your Products

2min

18.

Social Networks Are at the Core of Many of Social Tension

4min

19.

Is There a Silver Bullet in the Digital Economy?

4min

20.

Is Twitter a Competitor to Twitter?

3min

21.

What Is the Worst Case Analysis in Computer Science?

2min

22.

How Do You Think Artificial Intelligence Will Change Our World?

4min

23.

Isn't It Possible That We're All Living in Virtual Reality by the 20?

3min

24.

Are We on the Good Side of the Great Filter?

2min

25.

The Impact of Artificial Intelligence on the Economy

4min

26.

Machine Learning

2min

27.

What Are Your Thoughts About Andrew Yang and UBI?

5min

28.

Is There a Safety Net While You Retrain?

3min

29.

Is There a Congestion Tax?

2min

30.

Apply Development vs Basic Research

2min

31.

How Do You Think the Pandemic Will Change the World?

2min

32.

Do You Think Remote Work Will Continue?

2min

33.

Is There a Connection to the Third Reich?

6min

34.

Are Universities Magical Places?

5min

35.

The Worldly Philosophers by Robert Howe Brenner

3min

36.

What's the Meaning of Life?

4min

Erik Brynjolfsson is an economist at Stanford. Please support this podcast by checking out our sponsors:
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EPISODE LINKS:
Erik’s Twitter: https://twitter.com/erikbryn
Erik’s Website: https://www.brynjolfsson.com/
The Second Machine Age (book): https://amzn.to/33f1Pk2
Machine, Platform, Crowd (book): https://amzn.to/3miJZ76

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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(08:23) – Exponential growth
(12:51) – Elon Musk exponential thinking
(15:08) – Moore’s law is a series of revolutions
(20:31) – GPT-3
(22:09) – Autonomous vehicles
(29:11) – Electricity
(33:40) – Productivity
(38:47) – Why is Twitter and Facebook free?
(49:03) – Dismantling the nature of truth
(52:24) – Nutpicking and Cancel Culture
(58:39) – How will AI change our world
(1:04:40) – Existential threats
(1:06:33) – AI and the nature of work
(1:12:39) – Thoughts on Andrew Yang and UBI
(1:18:30) – Economics of innovation
(1:24:37) – Effect of COVID on the economy
(1:33:50) – MIT and Stanford
(1:38:23) – Book recommendations
(1:41:28) – Meaning of life