Lex Fridman Podcast #96 – Stephen Schwarzman: Going Big in Business, Investing, and AI
May 15, 2020
Stephen Schwarzman, CEO and Co-Founder of Blackstone, shares insight from his illustrious career in investment and philanthropy. He dives into recognizing business opportunities and the delicate balance between ambition and personal fulfillment. Schwarzman also discusses his significant contributions to AI education, including his donation to MIT for the College of Computing. The conversation touches on the impact of humility and authenticity in leadership, as well as the importance of collaboration between business and government for societal progress.
AI Snips
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Transcript
Episode notes
Going Big
- Pursue consequential and large-scale endeavors.
- These opportunities attract talented individuals and generate significant impact.
Pattern Recognition
- Recognize opportunities by identifying discrepancies and focusing on unusual observations or data points.
- These discrepancies, like 'lint on a dress,' often indicate significant changes or unmet needs.
Problem Solving
- Identify and solve the biggest problems bothering individuals or groups.
- People often reveal their problems if you listen attentively and build trust.
