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The "What is Money?" Show

The Future of Tech and Money: AI, Bitcoin, and the PayPal Mafia with Jimmy Soni (WiM524)

The "What is Money?" Show

Robert Breedlove

Bitcoin, Breedlove, What Is Money, Investing, Rabbit Hole, Cryptocurrency, Money, Finance, Education, Robert Breedlove, History

4.8710 Ratings

🗓️ 22 October 2024

⏱️ 117 minutes

🧾️ Download transcript

Summary

Jimmy Soni joins me to discuss how AI is transforming the book writing industry, why so many people fight against technological progress, Bitcoin and the PayPal mafia, Claude Shannon and information theory, Stoicism and emotional regulation, and the importance of imitation in self-development. Jimmy Soni is an author and former managing editor of The Huffington Post.

Transcript

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0:00.0

For me, a computer has always been a bicycle of the mind.

0:03.3

AI is like having the world's best research assistant who never gets tired, who can go down

0:08.5

any rabbit hole I want.

0:10.1

Something that takes us far beyond our inherent abilities.

0:13.3

That's freeing people up to do much more creative work.

0:15.9

And that's really what gives us fulfillment.

0:18.6

We actually are involved in a creative process.

0:22.1

I think that the key question for people who are against it is like, what is the alternative

0:26.2

existence?

0:26.5

Exactly. How do you put the toothpaste back in the tube?

0:29.5

Modern humanity is distinguished by paleolithic emotions.

0:33.8

Medieval institutions and godlike technologies. And it seems like there's fighting between those layers,

0:38.3

which is the emergence of something like Bitcoin,

0:41.3

which is disrupting one of the oldest businesses in the game,

0:45.3

which is central banking.

0:48.3

And I think that we also have no choice in whatever field we're in,

0:52.3

but to say, well, time to re-end myself.

0:55.7

Let's talk about who is Claude Shannon. What is information theory? And then in what ways

0:59.8

is it a precursor to things like internet, Bitcoin, etc. Yeah. So it's a great question.

1:09.9

You've written a couple of books.

1:12.4

A Mind at Play.

1:15.2

And the founders, which is the story of PayPal and the entrepreneurs who shaped Silicon Valley.

...

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