AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The podcast host expresses gratitude to sponsors and the production team for their support in creating the show.
The host expresses surprise and gratitude for the success of the podcast, with thousands of regular listeners and high rankings on platforms like Spotify and Apple.
The host acknowledges the contributions of the many diverse guests who have shared their insights on AI-related topics, helping him and listeners develop a deeper understanding of AI technology.
The host shares future plans for the podcast in 2024, including episodes on AI automated scientific exploration, the intersection of AI and biology, the energy demands of AI, and the future of robotics.
In the future, private law firms using AI tools like Westlaw and LexisNexis could become dominant, with a few partners managing hundreds of AI-powered associates. This could lead to a bi-modal structure in high-skill sectors, where AI acts as a co-pilot for lawyers, improving drafting and legal analysis.
As AI advances, there may be an end run around existing accreditation and licensing monopolies. While industries like medicine resist AI doctors, automation of administrative tasks could still create value. However, if resistance continues, AI's ability to transform tasks and distribution could allow alternative ways to access expertise without traditional accreditation requirements.
AI has the potential to reduce transaction costs, which could influence institutional structures. Ronald Coase's theory of the firm highlights the costs associated with market exchange, such as monitoring, bargaining, and search. AI's ability to automate and streamline these processes could lead to new types of organizations and governmental structures.
The increasing impact of AI on society may result in a shift towards private sector governance. Private companies could replace government services through AI-powered platforms that provide regulated standards, efficient monitoring, and personalized services. This shift may lead to the vulcanization of the internet, where private platforms replace public spheres and shape social interactions.
The shift from ad hoc models to end-to-end neural network models is revolutionizing robotics. For instance, Tesla's cars experienced a temporary decline in performance due to the transition to a more robust neural network-based model. This shift allows for greater adaptability and resilience, as well as the potential for a unified control model that can navigate various robot forms and environments.
To maintain equilibrium in a world where AGI is rapidly advancing, it is essential to accelerate the fusion of AI within governments. By adopting AI technology, governments can improve efficiency, automate tasks, and enhance decision-making processes. This convergence of AI and government can lead to constrained Leviath, a limited government that leverages AI to enforce the rule of law and provide effective governance. It requires embracing technology, eliminating outdated practices, and encouraging collaboration between the public and private sectors.
For the end of the year, we're going to repost a few of Nathan's favorite AI scouting episodes from other shows. Today: Samuel Hammond joins the Future of Life Institute podcast to discuss how AGI will transform economies, governments, institutions, and other power structures. If you need an ecommerce platform, check out our sponsor Shopify: https://shopify.com/cognitive for a $1/month trial period.
Samuel Hammond is a Canadian-born, DC-based senior economist for the Foundation for American Innovation, a think tank focused on bridging the cultures of Silicon Valley and DC. This conversation is super wide ranging, covering the most likely default path to AGI, the economic and institutional transformations that AI will beget, the critical distinction between thinking about AI in isolation versus as part of a dynamic system, the proposal for a Manhattan or Apollo like megaproject for AI safety, and lots more.
You can subscribe to Future of Life Institute here: https://futureoflife.org/project/future-of-life-institute-podcast/
You can read Samuel Hammond's blog at https://www.secondbest.ca
---
We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
---
SPONSORS:
Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of ALL eCommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries.From their all-in-one e-commerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/cognitive
Omneky is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off www.omneky.com
NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ head to NetSuite: http://netsuite.com/cognitive and download your own customized KPI checklist.
TIMESTAMPS:
(00:00) Intro: End of year and bonus episodes
(04:24) Discussion on AI Timelines
(14:08) Insights from Information Theory
(15:11) Sponsors: Shopify | MasterClass
(32:12) AI Progress and Hard Steps in Evolution
(34:21) Sponsors: NetSuite | Omneky
(39:12) Government Preparedness for Advanced AI
(46:16) The Internet's Role in Mass Mobilization and Erosion of Trust
(01:05:47) The Role of AI in Monitoring and Surveillance
(01:27:18) The Potential Dangers of Open-Sourcing AI
(01:36:24) The Influence of AI on Society and Privacy
(01:42:21) The Future of Government Services in a Techno-Feudalist Society
(01:53:58) The Future of AI in Robotics
(02:15:25) The Role of AI in the Future of Financial Markets
This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode