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Ways to Change the World with Krishnan Guru-Murthy

Nate Silver on Trump-Harris election, Elon Musk and AI

Ways to Change the World with Krishnan Guru-Murthy

Channel 4 News

Society & Culture, News, Politics

4.61.1K Ratings

🗓️ 3 September 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

American political forecaster Nate Silver explains who will win the US election between Kamala Harris and Donald Trump, why he thinks Elon Musk’s comments during the riots in the UK were acceptable, and how AI will change the world.

Silver is the founder of the influential polling and politics website FiveThirtyEight, but now writes on his website Silver Bulletin. He’s just published a new book called ‘On the Edge: The Art of Risking Everything’ where he argues that “professional risk takers” such as low-stakes poker players, crypto kings, venture-capital billionaires and hedge fund managers are “winning” in American society, and what they can teach us about handling the uncertainties of the 21st century.

In this episode of Ways to Change the World, American election forecaster, Nate Silver, tells Krishnan Guru-Murthy the chances of Kamala Harris or Donald Trump winning the US election, why he thinks Elon Musk’s tweets on X during the 2024 UK summer riots were part and parcel of having freedom of speech, and the transformative impact of AI on the world.

Produced by Silvia Maresca.

Transcript

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0:00.0

Hello and welcome to Ways to Change the World. I'm Christian Guru Murphy. This is the

0:05.3

podcast in which we talk to extraordinary people about the big ideas in their lives

0:10.3

and the events that have helped shape them. My guest this week is Nate Silver.

0:16.0

Now Nate became famous, I guess, as the guy whose political predictions and polling analysis we all wanted to read in the US elections around 2008 and then 2012.

0:30.4

He was the founder of 538, which was a brand that went through various different

0:35.8

ownership and versions, and he is now actually left. And Nate now does a

0:40.9

sub-stack, which is a blog in old money called the Silver Bulletin in which he

0:44.7

still does political analysis and sort of probability predictions of what's going to happen in the

0:50.0

November elections but he's here because he has written a book called On the Edge,

0:55.0

the art of risking everything, which is really a sort of a return

0:58.0

to who you were before you were famous politics,

1:01.0

which was a gambler, and looking at people who take risks

1:04.9

professionally I suppose because they are they are the modern masters of the

1:10.0

universe and they are the people who have a huge influence over modern politics.

1:14.6

For sure if you look at the skill set that is present in Wall Street or Silicon Valley or Las

1:19.1

Vegas, A, it's becoming the dominant skill set financially, where those are the sexual economy, finance and tech

1:24.9

that grow as a part of the economy every year.

1:27.8

And B, in a data-driven world, that mindset

1:30.4

is very important.

1:31.5

It's not necessarily the abstract academic version of this.

1:35.0

It's actually having skin in the game and taking risk.

1:38.0

The physical thing that does to your body, the actual, you know, reputational risk that you're putting on the line and so

...

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