Latest / Money And Wealth With John Hope Bryant / AI Is the Tsunami: Reid Hoffman on Jobs, Wealth & the Future of Work

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AI Is the Tsunami: Reid Hoffman on Jobs, Wealth & the Future of Work · Money And Wealth With John Hope Bryant

• 0:00
  Speaker 1: Welcome The Money in Wealth with John Hobryant, a production
• 0:03
  Speaker 1: of the Black Effect Podcast Network and iHeartRadio. Hey, Hey,
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  Speaker 1: everybody is John Hope Bryant, and this is the Money
• 0:18
  Speaker 1: in Wealth podcast series, Season three on iHeartRadio on the
• 0:24
  Speaker 1: Black Effect Network. I want to thank you for making
• 0:28
  Speaker 1: this podcast number forty or fifty of entrepreneurship podcasts in
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  Speaker 1: America on Apple Podcasts, and two hundred and fifty top
• 0:38
  Speaker 1: two hundred fifty on every continent in the world, the
• 0:40
  Speaker 1: top one percent of all podcasts in the world. And
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  Speaker 1: today I have a special episode because, as you know,
• 0:49
  Speaker 1: I often do these podcasts solo, so when I bring
• 0:52
  Speaker 1: a guest on, they are truly special, they are signature.
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  Speaker 1: And this guest is It's more special than special because
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  Speaker 1: he checks a lot of boxes that I've never covered.
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  Speaker 1: From a principle, in these spaces, I talk about investments,
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  Speaker 1: I talk about venture capital, I talk about innovation and innovators.
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  Speaker 1: I talk about artificial intelligence and technology. But I've never
• 1:24
  Speaker 1: brought other than maybe parallel to this, and Michael Milkin
• 1:28
  Speaker 1: was the parallel.
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  Speaker 2: To these areas.
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  Speaker 1: I never brought a leader in this space on the
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  Speaker 1: podcast today that changes is a man that I personally
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  Speaker 1: admire respect and I like as a human. And there
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  Speaker 1: are private conversations he and I've had which are precious
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  Speaker 1: to me that I cannot share, where he showed who
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  Speaker 1: he really is to me. Ladies and gentlemen, I introduce
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  Speaker 1: you read Hoffman. Let me give you a little background Hoffin.
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  Speaker 1: The first line, by the way, is enough, but I'm
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  Speaker 1: going to go a little further with the first line
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  Speaker 1: just drops the mic reed. Hoffin is the co founder
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  Speaker 1: of LinkedIn. At that sync in for a minute, we
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  Speaker 1: all use it. I just used it last night. He's
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  Speaker 1: a co founder of LinkedIn, a longtime partner at grey Lock,
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  Speaker 1: which is a huge investment firm based on the West Coast.
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  Speaker 1: In one of Silicon Valley's most influential investors, advisors, and
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  Speaker 1: voices on the future, technology, entrepreneurship, in human progress. His
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  Speaker 1: help shape how the world thinks about networks, opportunities, scale,
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  Speaker 1: and now increasingly a I which we're going to get
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  Speaker 1: into today. Through his investing, writing and his podcast Possible,
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  Speaker 1: he continues to ask one of the biggest questions of
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  Speaker 1: our time, how do we build a future that works
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  Speaker 1: better for more people. He's also old school at the
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  Speaker 1: end of last year, I got a vinyl album set
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  Speaker 1: from that he produced himself as his self made gift
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  Speaker 1: to people he cares about. So this is more of
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  Speaker 1: a conversation about Silicon Valley than it is an interview.
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  Speaker 1: It is a conversation about the future. It is a
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  Speaker 1: conversation about what's important. And I want to welcome my
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  Speaker 1: friend Read to money and wealth.
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  Speaker 3: It is an honor to be here, my friend.
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  Speaker 1: And let's get into this because your time is limited
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  Speaker 1: in important By the way, is there anything I left
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  Speaker 1: out on the substance of who you are? Because there's
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  Speaker 1: so many things you've done, Jenny, I left out that
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  Speaker 1: you thought that you think is really important.
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  Speaker 3: Read another thing that we wouldn't get into in our
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  Speaker 3: normal discussion of AI. You know. I also you know,
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  Speaker 3: like you occasionally write books, you know, most recently Super Agency.
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  Speaker 3: That's right, trying to get people to understand that part
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  Speaker 3: of in the age of AI, you should kind of
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  Speaker 3: grasp your own agency through this. And also we as
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  Speaker 3: technologies should be building things that help you with your agency.
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  Speaker 3: But you know, it's just a you know, it's this
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  Speaker 3: that and the other.
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  Speaker 1: No, it's not this, that and the other. It's the this, that, that,
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  Speaker 1: and the other from from read hot. When reed Hoffmann
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  Speaker 1: says it, it takes it takes on a whole different
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  Speaker 1: level of seriousness. There's something that you've done which Van
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  Speaker 1: Jones and I I know you're You're very close with
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  Speaker 1: Van Jones. Van Jones and I have lined something called
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  Speaker 1: Hope AI and we're co sharing that and the monitor
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  Speaker 1: to work with Van on that, and Van brags about
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  Speaker 1: you behind your back read There's something that I've Van
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  Speaker 1: and I've noticed about you that is unique amongst technologists
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  Speaker 1: that I would like to get into as a quick
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  Speaker 1: side project this conversation before you get in the meat
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  Speaker 1: of this, and that is this, you have a humanity
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  Speaker 1: to you that you inject into your business conversation. You
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  Speaker 1: have an EQ that seems to match your IQ. And
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  Speaker 1: one of the things I've noticed about geniuses in Silicon Valley,
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  Speaker 1: not all of them, but many of them I have met,
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  Speaker 1: have a blind spot called people. And the interesting thing
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  Speaker 1: is they don't see it. They think that they because
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  Speaker 1: they are genius of left brain technology, that there are
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  Speaker 1: genius and everything else, and they make assumptions about people
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  Speaker 1: which are entirely incorrect. And that makes the strategy that
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  Speaker 1: they're pursuing not harmful, but just less effective than it
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  Speaker 1: can be. And I'm just shocked that folks who don't know,
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  Speaker 1: like in my community, when you don't know what you
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  Speaker 1: don't know, you know, you don't know it. I mean,
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  Speaker 1: you may be a little well, you may be a
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  Speaker 1: little have a little bravado about it. But when somebody
• 6:03
  Speaker 1: comes to you and says, hey, look, let me tell
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  Speaker 1: you about financial literacy, let me tell you about whatever.
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  Speaker 1: At least my community, my base community meaning underserved communities,
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  Speaker 1: it will going to step back and go, okay, if
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  Speaker 1: you know better than me, let me listen on this topic.
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  Speaker 2: I've just not found that amongst some.
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  Speaker 1: Very successful technologists that they don't see that blind spot
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  Speaker 1: of people. They just keep talking and burying themselves deeper
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  Speaker 1: and deeper in a completely left brain approach to something
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  Speaker 1: that involves Hello, people, what do you make of what
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  Speaker 1: I just said?
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  Speaker 2: Read?
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  Speaker 1: And how is it that you're bringing a unique approach
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  Speaker 1: of humanity and genius to technology?
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  Speaker 2: And how's that affected how you move?
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  Speaker 3: So, you know, I think it is very important. I
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  Speaker 3: think one of the things that like I kind of
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  Speaker 3: describe myself as a little geeky as a techno humanist,
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  Speaker 3: which is the importance of technology is how we amplify
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  Speaker 3: our humanity. And people usually experience new technology is the
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  Speaker 3: new alien thing, Like when cars are first introduced, they
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  Speaker 3: feel that field alien. Now they feel natural electricity, you know, glasses,
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  Speaker 3: the whole thing fire, I'm sure. And so the important
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  Speaker 3: thing on what we're doing is we're building it for
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  Speaker 3: human beings, as individuals, as groups, as societies, as humanity.
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  Speaker 3: And of course most technologists get into technology because they're like, oh,
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  Speaker 3: I can control this universe myself, and I can be
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  Speaker 3: the you know, the the the god of this universe,
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  Speaker 3: and I can do everything and I don't have to
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  Speaker 3: interface with this bothers, some other people and all that
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  Speaker 3: kind of thing, and so and so I think that's
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  Speaker 3: one of the reasons why you find so many technologists being,
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  Speaker 3: you know, kind of socially awkward, frequently dismissive of other people,
• 7:59
  Speaker 3: because part of the thing that moves them into it
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  Speaker 3: is I am like I am you know, the inn randian,
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  Speaker 3: you know, superhuman, you know, yes, And I think that actually,
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  Speaker 3: in fact, the important thing is like, look, you're really talented.
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  Speaker 3: You can build these really amazing things. But the importance
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  Speaker 3: of life is us going through it together. And technology
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  Speaker 3: is only good when it helps a lot of people,
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  Speaker 3: right and so and so that's the thing. And so
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  Speaker 3: one of the things that when I teach classes, it's
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  Speaker 3: like why I see in other places in my time. Uh,
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  Speaker 3: it's what I ask entrepreneurs is what's your theory of
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  Speaker 3: the human nature and the human condition? And how is
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  Speaker 3: your work going to improve what that human condition is?
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  Speaker 3: And why is it that it plays out that way?
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  Speaker 3: And it's fine if it's like, look, we're just providing
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  Speaker 3: a much cheaper thing that people really want. Well, that's
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  Speaker 3: an improvement, right, you know, we provide jobs and everything else.
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  Speaker 3: That's that's good because business itself broadly is good with
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  Speaker 3: you know, providing things that people want to buy and employment. Now,
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  Speaker 3: of course it's occasionally bad, like you're selling addictive substances
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  Speaker 3: that ruin people's lives, Like, eh, not good for that,
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  Speaker 3: right and so anyway, but the but I think that's
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  Speaker 3: the it's that humanist perspective. And part of the reason
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  Speaker 3: I wrote Superagency and some of the other writings is I.
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  Speaker 1: Have that book here and I've started its brilliant. Everybody
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  Speaker 1: should pick it up and follow his podcast and nineteen
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  Speaker 1: other things he's doing.
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  Speaker 3: By the way, is not just for you know, everyone
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  Speaker 3: to think about, like how do I embrace my own
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  Speaker 3: human agency in the age of AI, but also for
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  Speaker 3: technologist to think about when I'm building AI, how do
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  Speaker 3: I enhance human agency?
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  Speaker 1: Yes, yes, yes, let's let's back up and go deeper
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  Speaker 1: on the human side for one second and then come forward.
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  Speaker 1: So I really want the audience to to understand you
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  Speaker 1: and your humanity and how deep that goes. You know,
• 10:07
  Speaker 1: keep saying that a phrase my father in law would say,
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  Speaker 1: which is we're all angels with dirty faces, that a
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  Speaker 1: saint is a center that got up. There's no perfect
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  Speaker 1: there's no perfect people out here. And so when people
• 10:20
  Speaker 1: criticize anybody, I say, I like what that person is
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  Speaker 1: doing much better than what you're not doing. People criticize me,
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  Speaker 1: I like what I'm doing better than what you're not doing.
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  Speaker 1: Question on the humanity side, there's something I witness that
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  Speaker 1: I cannot share with the audience because it's private, but
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  Speaker 1: it said everything about you to me.
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  Speaker 2: People.
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  Speaker 1: People will stand up for you until it's inconvenient for them.
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  Speaker 1: People will back you until it costs them money. People
• 10:48
  Speaker 1: will have will say nice things until it it creates
• 10:54
  Speaker 1: a time commitment for them where they where they are
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  Speaker 1: not doing something they selfishly want to do. We were
• 11:00
  Speaker 1: at a place that we can't talk about. I can't
• 11:02
  Speaker 1: talk about. And you every time I've approached you at
• 11:07
  Speaker 1: this place, you've taken time. This is before I was
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  Speaker 1: sort of a known entity, if you want to call
• 11:12
  Speaker 1: it that. I spoke there, but I wasn't necessarily a
• 11:15
  Speaker 1: member of the club back then. And you still would
• 11:18
  Speaker 1: take the time and talk and have a conversation, which
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  Speaker 1: I respected. And we were talking. I was talking to
• 11:24
  Speaker 1: a certain technologist, a absolute genius by any stretch of
• 11:31
  Speaker 1: the imagination. Everybody would know the name. And you saw
• 11:34
  Speaker 1: the conversation getting interesting and going a little off the rails,
• 11:40
  Speaker 1: and I was trying to keep it on the rails.
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  Speaker 1: But I was being dismissed. Sorry, there was an attempt.
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  Speaker 1: I'm sorry, miss me. I wasn't gonna let let it happen.
• 11:50
  Speaker 1: But maybe I might have sort of a confident approach
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  Speaker 1: to this, like what did you just say to me?
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  Speaker 2: Right?
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  Speaker 1: And you stepped in and were gracious and kind, and
• 12:01
  Speaker 1: Van Jones tried to do something and that didn't work,
• 12:04
  Speaker 1: and you use your credibility to mediate this. You spent
• 12:09
  Speaker 1: about ten or fifteen minutes in this conversation and then
• 12:12
  Speaker 1: you pitoted it away. Carlor caused a gracious exit for everybody,
• 12:16
  Speaker 1: and we will and you walked off together.
• 12:18
  Speaker 2: With me to lunch. Would send a message why did
• 12:22
  Speaker 2: you do that? Read?
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  Speaker 1: Why did you lean in to help somebody you basically
• 12:27
  Speaker 1: didn't know? And I'm and why don't more people? Why
• 12:32
  Speaker 1: don't more leaders do just that?
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  Speaker 2: Well?
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  Speaker 3: I think so the short answer is you have to
• 12:40
  Speaker 3: think about like who are you and why do you
• 12:42
  Speaker 3: think you're a good person? And that means because you
• 12:46
  Speaker 3: stand for things and you do things, and you do
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  Speaker 3: the right things, and you do the right things when
• 12:49
  Speaker 3: it's not convenient. And so of course the you know,
• 12:53
  Speaker 3: a very powerful person that you're you know, gesturing at,
• 12:56
  Speaker 3: could have thought worse of me from my stepping up
• 12:59
  Speaker 3: and saying no, no, John's right on this stuff, and
• 13:02
  Speaker 3: you should pay attention to him. And this is important
• 13:06
  Speaker 3: and and it didn't even occur to me to behave
• 13:12
  Speaker 3: any other different way, because you know, part of what
• 13:15
  Speaker 3: you try to do is you say, look like part
• 13:17
  Speaker 3: of doing the right thing is not just about you,
• 13:19
  Speaker 3: but it's about the mission, about what kind of things
• 13:21
  Speaker 3: you're doing, about what kinds of things that happened. And
• 13:24
  Speaker 3: part of the reason I loved you know, your mission
• 13:27
  Speaker 3: and your work and the organization is because you know
• 13:33
  Speaker 3: the world not just the community of bringing people into
• 13:39
  Speaker 3: the middle class and prosperity, but the world is better
• 13:42
  Speaker 3: off by realizing the talent contributing to you know, society,
• 13:48
  Speaker 3: to industry and so forth. And that really matters. And
• 13:51
  Speaker 3: you have one of the smart unfortunately not many smart,
• 13:56
  Speaker 3: but you have one of the important smart approaches to this.
• 13:59
  Speaker 3: And so the fact that you were guy saw the dismissal,
• 14:02
  Speaker 3: which was very rude, and I was like, no, no, no,
• 14:07
  Speaker 3: this shall not stand right and so you know, it
• 14:11
  Speaker 3: was literally it was a reflex to stand in Yeah,
• 14:14
  Speaker 3: and you know a little bit of it was treating
• 14:19
  Speaker 3: people right e g U. But also it was like, no, no,
• 14:23
  Speaker 3: this mission, this mission needs to be supported.
• 14:26
  Speaker 2: Yeah. Yeah, it's really interesting. Now.
• 14:31
  Speaker 1: So, first of all, publicly on air, thank you, And
• 14:37
  Speaker 1: that person was not going to get away with dismissing me,
• 14:40
  Speaker 1: but I would have handled it in a way that
• 14:42
  Speaker 1: was less elegant and less productive. Then you handled it.
• 14:47
  Speaker 1: I would might have won the battle, but I might
• 14:49
  Speaker 1: have lost the war in the context of the environment
• 14:51
  Speaker 1: we were in. And I would have stepped in mess
• 14:54
  Speaker 1: and not over it. And I tell people always never
• 14:57
  Speaker 1: make an emotional decision. Whatever you make an emotional decision,
• 14:59
  Speaker 1: it's a bad one. And I would have done both.
• 15:01
  Speaker 1: I would have stepped in it and been emotional because
• 15:03
  Speaker 1: they pricked a core nerve of decency and dignity with me.
• 15:09
  Speaker 1: And you were just saying, like, read John's research, like,
• 15:12
  Speaker 1: just read his like, just just take some time and
• 15:15
  Speaker 1: read you know, And it was just complete dismissal.
• 15:18
  Speaker 2: And uh.
• 15:19
  Speaker 1: And I've learned that taught me some lessons about you
• 15:23
  Speaker 1: can be the smartest person on the planet. You can
• 15:25
  Speaker 1: be the most well prepared. You could do it everything
• 15:27
  Speaker 1: right and still not get a seat at the table.
• 15:31
  Speaker 1: And you just can't give up. You've just you've got
• 15:33
  Speaker 1: to take no for vitamins. You can't get all wrapped
• 15:36
  Speaker 1: up in how fair the world is, because the world
• 15:38
  Speaker 1: is often unfair and you and you got to wait
• 15:42
  Speaker 1: for God's grace to step in and save good people
• 15:46
  Speaker 1: from themselves often. And as I said, no one's perfect.
• 15:51
  Speaker 1: But I think that You're going to be constantly visited
• 15:55
  Speaker 1: by a measure of God's grace because of things like
• 15:59
  Speaker 1: that you did that no one will If I didn't
• 16:02
  Speaker 1: tell that story, no one would ever know it. I
• 16:05
  Speaker 1: mean no one. It was it was four people that
• 16:08
  Speaker 1: three people who witness this. So I just wanted to
• 16:11
  Speaker 1: personally on air give you respect. And this is why
• 16:16
  Speaker 1: I've come to you from time to time with council.
• 16:18
  Speaker 2: I know you choose straight.
• 16:20
  Speaker 1: Uh, this is why I asked you to serve on
• 16:22
  Speaker 1: the AI Ethics Council, which you agreed to do, by
• 16:24
  Speaker 1: the way, which is co chaired by Sam Autman and
• 16:27
  Speaker 1: myself and Van Jones is on that council with doctor
• 16:29
  Speaker 1: Bernicse King and others. And this is why I want
• 16:33
  Speaker 1: you in the podcast, because I think we're sitting at
• 16:35
  Speaker 1: the door of fundamental systemic, organizational and human change not
• 16:43
  Speaker 1: seen since the dawning of Homo sapiens maybe, and uh,
• 16:50
  Speaker 1: there's no roadmap for this, And so I'd like to
• 16:54
  Speaker 1: do something I don't often do. I'm going to tee
• 16:57
  Speaker 1: up a couple thoughts and then I want to shut
• 17:00
  Speaker 1: up and let you just go. By the way, how
• 17:06
  Speaker 1: many different jobs.
• 17:07
  Speaker 2: Do you have? Read.
• 17:08
  Speaker 3: I mean I've lost count.
• 17:11
  Speaker 1: So you you co founded LinkedIn, which I want to
• 17:14
  Speaker 1: That's one of my first first questions is why how
• 17:16
  Speaker 1: because that's just brilliant. You co founded LinkedIn, uh, which
• 17:20
  Speaker 1: is enough by itself, and and that was that was
• 17:23
  Speaker 1: that through graylock or is that a separate that was
• 17:25
  Speaker 1: just me me as an entrepreneur, okay? Sound? And then
• 17:29
  Speaker 1: are are there are other major companies like that you
• 17:30
  Speaker 1: co founded?
• 17:32
  Speaker 2: Well?
• 17:32
  Speaker 3: As part of the founding team of PayPal, I was
• 17:34
  Speaker 3: on the boarded directors of founding member of the board
• 17:37
  Speaker 3: of directors and then later you know, kind of executive co
• 17:40
  Speaker 3: O O E, D V, et cetera. I've actually recently
• 17:44
  Speaker 3: co founded an AI company for trying to cure cancer.
• 17:49
  Speaker 1: You know, so, you know, you're my friend Michael Milkin,
• 17:55
  Speaker 1: who is the biggest funder for prostate cancer in the world.
• 17:58
  Speaker 3: Thank you exactly, so minus minus a I is that
• 18:01
  Speaker 3: one with Sadata Mukerjee okay. And but then you know investments,
• 18:06
  Speaker 3: you know, things like Facebook, Airbnb, et cetera. UH first
• 18:12
  Speaker 3: led the first commercial round and open Ai. Speaking of
• 18:14
  Speaker 3: Sam Altman was on the board of open Ai for
• 18:17
  Speaker 3: a while. The you know, so does this range of
• 18:22
  Speaker 3: write books, do podcasts.
• 18:24
  Speaker 2: You're you're on the border some important companies also, aren't you?
• 18:27
  Speaker 3: Yeah, micros many people think Microsoft is an important company,
• 18:30
  Speaker 3: so you.
• 18:30
  Speaker 2: Know, yeah, I think so.
• 18:35
  Speaker 3: Uh.
• 18:35
  Speaker 2: The easy question why LinkedIn? So? How long ago was that?
• 18:41
  Speaker 2: By the way, twenty.
• 18:42
  Speaker 3: Years two thousand and three, So twenty three years.
• 18:45
  Speaker 1: Talking about looking around a corner? My god? Yes, okay,
• 18:48
  Speaker 1: why why LinkedIn?
• 18:49
  Speaker 3: So I shall tell you a little bit of the
• 18:51
  Speaker 3: fuller story because I think, you know, your community might
• 18:54
  Speaker 3: like it. So so Peter Thiel, Max Lovechter and I
• 18:58
  Speaker 3: were like, how do we say PayPal? So we went
• 19:02
  Speaker 3: off and we were kind of we were doing this,
• 19:04
  Speaker 3: and one of the things we did is we talked about, like,
• 19:06
  Speaker 3: what other ideas we might have if PayPal went up
• 19:09
  Speaker 3: in a big smoke ball, because at the time we
• 19:12
  Speaker 3: went off site, it was an exponentiating cost curve with
• 19:15
  Speaker 3: no revenue. So we could tell you the hour that
• 19:19
  Speaker 3: the two hundred plus million dollars of capital had we
• 19:21
  Speaker 3: invested would all go to zero?
• 19:23
  Speaker 2: Oh which company?
• 19:25
  Speaker 3: PayPal?
• 19:25
  Speaker 2: PayPal? Wow? Which great success today?
• 19:28
  Speaker 3: Yes, So we pulled it off, but we had one
• 19:30
  Speaker 3: shot that was really very much like you know, Star Wars,
• 19:35
  Speaker 3: you know, kind of that shot on the death start.
• 19:37
  Speaker 3: It was like we got one shot and it's work
• 19:40
  Speaker 3: or not and so and work fortunately now. But part
• 19:46
  Speaker 3: of what I had sketched out was part of the
• 19:49
  Speaker 3: whole world of the Internet coming. It isn't just a
• 19:52
  Speaker 3: way of information flowing and you know, kind of getting
• 19:56
  Speaker 3: entertainment and streaming like we're doing right now. There's also
• 20:00
  Speaker 3: a role for various forms of social connection. And one
• 20:03
  Speaker 3: of the ones that really matters is that in work
• 20:06
  Speaker 3: life is a team sport, not a solo sport. It's
• 20:10
  Speaker 3: like you go through with your team. Your team helps
• 20:12
  Speaker 3: you in various ways, not just advice, but opening the
• 20:14
  Speaker 3: door to opportunities. Like whenever I'm trying to hire, the
• 20:17
  Speaker 3: very first thing I do is ping people I know
• 20:20
  Speaker 3: and say, do you know someone who might be the
• 20:22
  Speaker 3: right person for this? You know that kind of thing
• 20:24
  Speaker 3: and so, and it's like, and the Internet can do
• 20:27
  Speaker 3: all this, And so I believe that a few things
• 20:31
  Speaker 3: that are twenty three years ago were considered anathema, like
• 20:34
  Speaker 3: everyone will have a public professional identity. Everyone will have
• 20:38
  Speaker 3: a network that is their individual network, not their company's network,
• 20:42
  Speaker 3: the network that helps them. They may be deploying it
• 20:44
  Speaker 3: to help their company right now, but it is their
• 20:47
  Speaker 3: individual network and I can get this started now. When
• 20:50
  Speaker 3: I started it, everyone thought I was crazy, right, Like
• 20:53
  Speaker 3: basically it was like, wait, this is like I don't
• 20:56
  Speaker 3: know how many of your audience will know like friends here,
• 21:00
  Speaker 3: but this is like this is like friendsterure but for business.
• 21:03
  Speaker 3: And you're like, it's not friends there. But if that's
• 21:06
  Speaker 3: the only way you're going to talk about me, because
• 21:08
  Speaker 3: you're a entrepreneur and you have hustle, great calling for business,
• 21:13
  Speaker 3: right and because basically all opportunities, whether they're entrepreneurial, whether
• 21:20
  Speaker 3: they're funding, whether their jobs, whether they're sales, they basically
• 21:24
  Speaker 3: are attached to people.
• 21:26
  Speaker 1: I mean we've been as MySpace for business, uh with
• 21:29
  Speaker 1: another way to think about it exactly.
• 21:32
  Speaker 3: And so it was like, let's get that started because
• 21:35
  Speaker 3: facilitating people's ability because like, for example, like one of
• 21:39
  Speaker 3: the things you get to is like you know currently
• 21:41
  Speaker 3: you know kids graduating from college or like ah shit,
• 21:44
  Speaker 3: those the job market sucks? What do I do? How
• 21:46
  Speaker 3: do I get internships? And the answer is sometimes by
• 21:49
  Speaker 3: the way you like your uncle knows somebody, Yes, how
• 21:54
  Speaker 3: do you know that where that could help and that
• 21:57
  Speaker 3: was the kind of thing that LinkedIn was design to
• 22:00
  Speaker 3: discover because it's connected to anybody who knows you well
• 22:03
  Speaker 3: enough to recommend you on a case by case basis
• 22:06
  Speaker 3: to someone else. It doesn't have to be they've worked
• 22:08
  Speaker 3: with you, doesn't have to be they where your teacher, professor,
• 22:10
  Speaker 3: doesn't have to be there where your boss or coworker.
• 22:13
  Speaker 3: It's like just like, oh no, this person's smart, they're
• 22:15
  Speaker 3: hard working, right, And that is a huge difference from
• 22:20
  Speaker 3: people who are knocking at the front door, because then
• 22:22
  Speaker 3: the people knocking the front door, you don't know anything
• 22:24
  Speaker 3: about them, right, they could be crazy, you still know,
• 22:28
  Speaker 3: So that gives you a huge edge up on interesting opportunities.
• 22:34
  Speaker 3: And that was the theory of it, and said the
• 22:36
  Speaker 3: Internet and the world should work this way, which is
• 22:38
  Speaker 3: fundamentally everything I do is how should the world actually work?
• 22:43
  Speaker 3: Can I help it work that way? And LinkedIn is that?
• 22:46
  Speaker 3: And so that was the that was the original idea
• 22:49
  Speaker 3: and the you know, you know now twenty three year old,
• 22:52
  Speaker 3: twenty three years of work to get where it is.
• 22:55
  Speaker 1: So let me go deeper on that, because I think
• 22:57
  Speaker 1: what you're talking about is organized relationship capital and relationship
• 23:02
  Speaker 1: capital gets you and I in certain rooms, you more,
• 23:06
  Speaker 1: at least in the past, you more than me. I'm
• 23:08
  Speaker 1: in the rooms now, but by the grace of God
• 23:12
  Speaker 1: and yours are organized it into a system and a
• 23:16
  Speaker 1: structure that provided gates of access and then organization of
• 23:22
  Speaker 1: that human capital in a way that advanced your agenda
• 23:25
  Speaker 1: or connect deep in that relationship. I mean, I think
• 23:28
  Speaker 1: it's the first time that I know of in the
• 23:31
  Speaker 1: world where it was like AI for relationship capital. In
• 23:34
  Speaker 1: other words, it was so revolutionary twenty years ago and
• 23:37
  Speaker 1: it's still to this day. It is my number one
• 23:40
  Speaker 1: go to for professional relationship management. You did once again,
• 23:47
  Speaker 1: did this in your personal life. I just just so
• 23:50
  Speaker 1: happened and thought think about as you were talking. I
• 23:52
  Speaker 1: have this new book out, Capitalism for All, which by
• 23:55
  Speaker 1: the way, is number twenty four on top twenty five
• 23:58
  Speaker 1: for USA Today Best Seberal list of yesterday, and you're
• 24:01
  Speaker 1: an endorser in the book. I mean, I just just
• 24:04
  Speaker 1: thought about that while we were talking, that here's one
• 24:06
  Speaker 1: another example, and why is this relevant. I'm meeting with
• 24:08
  Speaker 1: a Federal Reserve Chairman Howe two days ago in DC,
• 24:12
  Speaker 1: and he says, I'm beginning to tell him about my work,
• 24:15
  Speaker 1: and he says, I know who you are, and by
• 24:18
  Speaker 1: the way, your books on my desk and I will
• 24:20
  Speaker 1: read it. And I've never seen so many prominent endorsements
• 24:24
  Speaker 1: on a book ever. And he mentioned a few names,
• 24:29
  Speaker 1: and you were one of them. So here is a
• 24:31
  Speaker 1: Federal Reserve chairman, the most powerful man in the world
• 24:34
  Speaker 1: on money, talking about read Hobbin and that gave me
• 24:38
  Speaker 1: imbued credibility, very much like you've structured organizationally with LinkedIn.
• 24:44
  Speaker 1: Let's let's let's get into and there's no time audience
• 24:47
  Speaker 1: for all my questions. Just to be clear, I'm going
• 24:50
  Speaker 1: to just open a door for a couple of them
• 24:51
  Speaker 1: and literally just let read riff and we can go
• 24:54
  Speaker 1: as deep as he wants to. So AI more opportunity
• 25:01
  Speaker 1: than it destroys is my belief over time, especially for
• 25:06
  Speaker 1: working people who are not in Silicon Valley. But in
• 25:09
  Speaker 1: short the short term, I think it's going to bleed jobs.
• 25:12
  Speaker 1: I think it's going to create an enormous job diseruption.
• 25:15
  Speaker 1: Uh And I don't think the country is ready for
• 25:17
  Speaker 1: the disruption. There's nobody planning for it, designing it, cushioning
• 25:21
  Speaker 1: for it, which is shocking. To me there, but there's
• 25:25
  Speaker 1: a lot of leaders in the valley who and I
• 25:28
  Speaker 1: just disagree with them, don't believe there's going to be
• 25:31
  Speaker 1: job disruption. Sorry rephrase that. They think there's no future
• 25:34
  Speaker 1: for jobs. That's what they think, and I just disagree
• 25:38
  Speaker 1: fundamentally with that. If nothing else than half of the
• 25:42
  Speaker 1: all subscriptions, about half of all subscription to Silicon Valley
• 25:46
  Speaker 1: apps are people, not companies, who need a job to
• 25:50
  Speaker 1: pay for the subscription.
• 25:51
  Speaker 2: So it's a circular firing squad.
• 25:54
  Speaker 1: And even if it's B to B business of business
• 25:56
  Speaker 1: that B to B, ultimately is B two C B
• 25:58
  Speaker 1: to B and then at some point is B two
• 26:00
  Speaker 1: C business and consumer That consumer, the customer sorry, needs
• 26:04
  Speaker 1: a job. And as economy grows, well you may grow
• 26:09
  Speaker 1: it with a new piece of technology, but that's going
• 26:11
  Speaker 1: to need something to work on it. It's updated problem.
• 26:14
  Speaker 1: Solve it, customer, engage with it. Well, Hello, those are people,
• 26:20
  Speaker 1: and so I think in the short term we're going
• 26:23
  Speaker 1: to have a job crisis. That's my view. You may disagree,
• 26:27
  Speaker 1: but how are you thinking about all this? Because my
• 26:29
  Speaker 1: opinion doesn't matter. This is an area where you are
• 26:32
  Speaker 1: We're talk about financial literacy, you defer to me technology,
• 26:34
  Speaker 1: I'm deferring to you, So feel free on air to
• 26:37
  Speaker 1: disagree with me.
• 26:38
  Speaker 2: You're advising a twenty five year old with talent but
• 26:40
  Speaker 2: no connections.
• 26:42
  Speaker 1: What would you tell them the master right now to
• 26:44
  Speaker 1: stay relevant in their AI economy? And what's your general
• 26:47
  Speaker 1: view about AI the future and jobs?
• 26:50
  Speaker 2: Positive or negative?
• 26:52
  Speaker 3: So medium, long term positive, short term turmoil and chaos,
• 26:58
  Speaker 3: and part of turmol chaos and truan information will mean
• 27:02
  Speaker 3: a lot of dislocution and exactly how and what speed
• 27:06
  Speaker 3: I think it's too It's very hard to predict exactly.
• 27:10
  Speaker 3: Like one of the things I've been using is kind
• 27:12
  Speaker 3: of a canary in the coal mine has been you
• 27:14
  Speaker 3: know what's going to happen with customer service shops because
• 27:17
  Speaker 3: if you roughly look at any job that you're trying
• 27:20
  Speaker 3: to get a human being to act like a robot
• 27:22
  Speaker 3: ag follow a script, the robot's gonna AI is going
• 27:24
  Speaker 3: to do it so much better. Like I actually think
• 27:26
  Speaker 3: that before too long, maybe even next year, people will
• 27:31
  Speaker 3: start going, oh, put the robot on, please, because the
• 27:34
  Speaker 3: robot's better than the human being for solving my customer
• 27:38
  Speaker 3: service problem. Because you know, what you have is you
• 27:40
  Speaker 3: have someone like typing into a computer trying to follow
• 27:43
  Speaker 3: the script and what kind of shit they could do,
• 27:45
  Speaker 3: and AI is much better at that. So there would
• 27:47
  Speaker 3: be ones that alway be massive reduction in the number
• 27:51
  Speaker 3: of of of you know kind of human you know
• 27:55
  Speaker 3: seats for the jobs, and customer service is one of them.
• 27:58
  Speaker 3: I think there's others. It doesn't all customer service jobs
• 28:01
  Speaker 3: go away. There's like the architecture of the experiences, but
• 28:04
  Speaker 3: it will really go down, and so there will be
• 28:06
  Speaker 3: some of those, and there'll be real big dislocations. On
• 28:10
  Speaker 3: the other hand, like, for example, one of the classic
• 28:12
  Speaker 3: Silicon value ones is because of AI is so good
• 28:14
  Speaker 3: at coding, software engineer is gonna go away. And I
• 28:18
  Speaker 3: completely disagree with this point of view. I don't think
• 28:20
  Speaker 3: there's even gonna be a dip because what there is
• 28:24
  Speaker 3: is this thing called Jevins paradox, which is, you know,
• 28:27
  Speaker 3: kind of like there's infinite demand for electricity at a
• 28:30
  Speaker 3: certain price, and the similar I think there's infinite demand
• 28:33
  Speaker 3: for software engineering at a certain price, and so you
• 28:36
  Speaker 3: make software engineering one hundred x more productive, people just
• 28:40
  Speaker 3: want it. Now. The thing that that statement obscures is
• 28:44
  Speaker 3: that I actually think salaries for software engineers are gonna
• 28:49
  Speaker 3: get wonky, that the really good ones will get really expensive,
• 28:53
  Speaker 3: Like we'll continue at like a power law and most
• 28:56
  Speaker 3: of them will have a little bit of a decrease
• 28:59
  Speaker 3: in salary, right, like you know, will be a little
• 29:01
  Speaker 3: bit less. So it will be a wage effect. It
• 29:03
  Speaker 3: won't be a job effect here, but it will be
• 29:05
  Speaker 3: a wage effect. That's another of the kind of turmoil
• 29:09
  Speaker 3: that you get in the interim as these things are
• 29:11
  Speaker 3: sorting out. And so I think that there will be
• 29:14
  Speaker 3: a lot of different like all of a sudden, people
• 29:16
  Speaker 3: out of work, all of a sudden, the jobs are paying,
• 29:19
  Speaker 3: lass et cetera, of a bunch of the things that
• 29:22
  Speaker 3: people have historically thought were valuable jobs. Like one of
• 29:25
  Speaker 3: the reasons why a lot of kind of American middle
• 29:28
  Speaker 3: class goes and gets a law degrees is because they go,
• 29:30
  Speaker 3: I can go be a lawyer, and lawyers are well paid.
• 29:33
  Speaker 3: And I think that's one of the ones that's going
• 29:34
  Speaker 3: to have a huge sort of it'll be similar to
• 29:39
  Speaker 3: to software engineers, which is I actually don't think it's
• 29:42
  Speaker 3: going to go away as a job. I just think
• 29:44
  Speaker 3: that suddenly the wage effect is going to be sustainile
• 29:48
  Speaker 3: and so which, by the way, I think is productive
• 29:51
  Speaker 3: for society ultimately, because I think we want economics going
• 29:54
  Speaker 3: and building things and stuff that we can sell to
• 29:57
  Speaker 3: people and sell overseas and all the rest of it.
• 30:01
  Speaker 3: But for internal and community and economic path dynamics, I
• 30:06
  Speaker 3: think it'll be real. So so I'm I'm kind of
• 30:10
  Speaker 3: with you on there's a bunch of stuff coming and
• 30:15
  Speaker 3: don't know exactly like you know, for example, you know
• 30:19
  Speaker 3: people who I deeply respect, like Daria Amadai. You know,
• 30:22
  Speaker 3: Mashar said it's gonna be a white collar blood bath
• 30:25
  Speaker 3: within three years. I disagree with that. I don't think
• 30:27
  Speaker 3: it's going to play that way. But by the way,
• 30:30
  Speaker 3: you know part of what and by the way, the
• 30:32
  Speaker 3: other thing you're gonna see on AI, just to be clear,
• 30:35
  Speaker 3: is like from here for the next for a number
• 30:39
  Speaker 3: of years, anything that happens is going to be blamed
• 30:44
  Speaker 3: on AI. So you're gonna have a company that going, oh,
• 30:47
  Speaker 3: I'm doing layoffs and as opposed to what we've sucked
• 30:50
  Speaker 3: at hiring and our business isn't working, and so we're
• 30:53
  Speaker 3: doing layoffs. It's gonna be AI because we're productive. Right
• 30:56
  Speaker 3: even though for example, in the ones that have announced that,
• 31:00
  Speaker 3: I went and looked at them because I was curious
• 31:02
  Speaker 3: if this is the canary in the cold mine and
• 31:03
  Speaker 3: the jobs are starting to change. I went looked at
• 31:06
  Speaker 3: it and was like, no, AI has nothing to do
• 31:08
  Speaker 3: with it. It's literally just they're trying to posture their
• 31:12
  Speaker 3: business mis planning or business misfortune as strength because we're
• 31:17
  Speaker 3: using AI. But it will start happening where there will
• 31:22
  Speaker 3: be AI that will have that impact. So I'm kind
• 31:24
  Speaker 3: of in a long term bullish but short term and
• 31:30
  Speaker 3: the advice per your question is go really start using AI.
• 31:35
  Speaker 3: This is one of the reasons why the education institutions
• 31:37
  Speaker 3: need to not ban chat, GVT, et cetera. They need
• 31:40
  Speaker 3: to be saying use it because what's going to happen
• 31:43
  Speaker 3: and the job transition is that companies are going to
• 31:45
  Speaker 3: need AI native talent, and the current talent call it
• 31:50
  Speaker 3: thirty five and up, is going to be you know,
• 31:54
  Speaker 3: slow adopters. The majority of them are going to be
• 31:57
  Speaker 3: very slow adopters. They're going to need new talent that
• 32:01
  Speaker 3: knows what they're doing with AI. There's the small percentage
• 32:04
  Speaker 3: of current people who are beginning to do it, but
• 32:06
  Speaker 3: you can almost already tell Like, one of the things
• 32:08
  Speaker 3: the conversations that I frequently have with people is how
• 32:10
  Speaker 3: are you using AI? If their answer is well, I
• 32:14
  Speaker 3: occasionally use chat gibt as a replacement for my Google search.
• 32:17
  Speaker 3: You're like, fine, that's not really using it. And like
• 32:22
  Speaker 3: the record that I sent you because this is part
• 32:24
  Speaker 3: of like me trying to drive myself is all AI
• 32:27
  Speaker 3: generated music. And I was like, well, this is something
• 32:29
  Speaker 3: that people can do now, like like I who you
• 32:33
  Speaker 3: would pay not to sing?
• 32:36
  Speaker 2: Right?
• 32:37
  Speaker 3: But it's pretty usically incompetent to the extreme, can can
• 32:42
  Speaker 3: can can create a pretty entertaining, you know, record of
• 32:48
  Speaker 3: Christmas songs. And sure it's not I'm not trying to
• 32:50
  Speaker 3: compete with Taylor Swift. I'm not trying to compete with
• 32:52
  Speaker 3: I'm trying to make a new Beatles thing. I'm just
• 32:55
  Speaker 3: trying to do something else. And all of that's available now.
• 32:58
  Speaker 3: And what young people should be doing is I am
• 33:02
  Speaker 3: generation AI and I can help bring AI to your company.
• 33:08
  Speaker 1: Yes, yes, And to be clear or clearer about what
• 33:13
  Speaker 1: he did at Christmas, he went both old school and
• 33:16
  Speaker 1: new school. He took old school vinyl and took it
• 33:23
  Speaker 1: through a process that would have required a record label,
• 33:26
  Speaker 1: production company, production house, engineers, music producers, writers, all this stuff,
• 33:33
  Speaker 1: and he created an album. It appears it sounds like
• 33:37
  Speaker 1: for what he's saying now, which by the way, looks
• 33:39
  Speaker 1: completely professional and sounds good. He created with AI, which
• 33:44
  Speaker 1: goes to the point that I think that you will
• 33:45
  Speaker 1: be able to create a million dollar company with one
• 33:48
  Speaker 1: person that will cost you literally at most a few
• 33:53
  Speaker 1: thousand dollars to set to stand up, whereas that would
• 33:57
  Speaker 1: have cost it a half a million dollars and required
• 33:59
  Speaker 1: a dozen people in the past. So I think that's
• 34:01
  Speaker 1: the example I just heard there. So if you're listening
• 34:04
  Speaker 1: to this and you think you're the average person, you
• 34:08
  Speaker 1: have ambition, you have talent, you have gifts, you average person,
• 34:10
  Speaker 1: and you say, okay, this out sounds great for tech people.
• 34:16
  Speaker 1: But what does Reed say about how this relates to
• 34:19
  Speaker 1: me and reader? I would say to people, and you
• 34:21
  Speaker 1: tell me if I'm wrong here. If you're a lawyer,
• 34:24
  Speaker 1: you want to be a lawyer with an AI certification.
• 34:26
  Speaker 1: If you're an accountant, you want an accountant with an
• 34:29
  Speaker 1: accounting certification. You want to be on the cutting edge,
• 34:32
  Speaker 1: not the bleeding edge, because this is here, it's not
• 34:35
  Speaker 1: an optional. I mean a lot of these companies are
• 34:38
  Speaker 1: readers mentioning that again will name nameless. They laid off
• 34:42
  Speaker 1: people and said and announced the AI initiative.
• 34:45
  Speaker 2: They didn't know he's what AI was.
• 34:47
  Speaker 1: They just knew their competitor just laid off X number
• 34:50
  Speaker 1: of people and announced AI. And they don't want to
• 34:52
  Speaker 1: be caught with their pans down in the middle of
• 34:56
  Speaker 1: a storm, and so they decided to do with their
• 34:59
  Speaker 1: partners were doing. Their patterers were doing just a little
• 35:01
  Speaker 1: bit more aggressive to send a signal to the market
• 35:04
  Speaker 1: that they were futurists, when they in reality are using
• 35:07
  Speaker 1: AI themselves for Google service properly. So a lot of
• 35:11
  Speaker 1: people don't know where this is going. I don't even
• 35:13
  Speaker 1: know what it is yet. They just know that it
• 35:14
  Speaker 1: is the future. That's my sense of a lot of
• 35:18
  Speaker 1: what's going on now, A bit of the mess. What
• 35:21
  Speaker 1: do you tell the person in the middle of this
• 35:23
  Speaker 1: storm who's not a technologist.
• 35:26
  Speaker 3: Yep, So it's a little bit. So AI is the
• 35:31
  Speaker 3: tool that amplifies any work that involves information or language, right,
• 35:39
  Speaker 3: so if you touch information or language at all in
• 35:43
  Speaker 3: what you're planning on doing, so like for example, even
• 35:46
  Speaker 3: the steel manufacturing plan, has meetings, has a supply chain,
• 35:51
  Speaker 3: does financial analysis, all the rest, even if they're manufacturing steel. Right,
• 35:56
  Speaker 3: So if you have that, you need to be on
• 35:58
  Speaker 3: top of it. Now, you don't have to be a
• 36:00
  Speaker 3: older you don't have to be a coder. A matter
• 36:01
  Speaker 3: of fact, part of what's happening is like, I think,
• 36:04
  Speaker 3: actually everyone's going to have a coding assistant agent in
• 36:08
  Speaker 3: years because the AI agent's gonna.
• 36:11
  Speaker 2: Be our coder.
• 36:11
  Speaker 3: For us, We're gonna have a coder, right, That's that's
• 36:14
  Speaker 3: what's going to exist for us. And so but that's
• 36:18
  Speaker 3: the reason why you should engage. And by the way, uh,
• 36:23
  Speaker 3: all of these AI products are have substantive free versions chat, gbt, co, Pilot,
• 36:31
  Speaker 3: et cetera. They all have substantive free versions. You don't
• 36:34
  Speaker 3: need to pay for them, just start using them. And
• 36:36
  Speaker 3: by the way, using them is not like, Okay, what
• 36:39
  Speaker 3: was the like what was the score on last night's
• 36:43
  Speaker 3: game or what was the you know, the analysis of
• 36:46
  Speaker 3: which plays really mattered? Right, you can do that too,
• 36:48
  Speaker 3: That's awesome, But in things that matter to you, like
• 36:53
  Speaker 3: for example, if you say, hey, i'd like to figure
• 36:56
  Speaker 3: out what, like I'd like to do a financial analysis
• 36:58
  Speaker 3: on my scenario planning of where my risks are in
• 37:03
  Speaker 3: my economics and doing stuff and what kind of money
• 37:06
  Speaker 3: I need to make. AI is great for helping you
• 37:10
  Speaker 3: with that. Like you can literally go to any major
• 37:14
  Speaker 3: frontier model and say, make me a spreadsheet that is
• 37:19
  Speaker 3: my personal P and L and I want to include
• 37:23
  Speaker 3: scenario planning for major risks, and I want you to
• 37:26
  Speaker 3: ask me about, like walk me through what kinds of
• 37:29
  Speaker 3: risks I should consider and I want to do. I
• 37:32
  Speaker 3: want you to give me a like a like a
• 37:34
  Speaker 3: personal financial analysis of this. They can all do that,
• 37:38
  Speaker 3: and of course everyone should do that, right because that's
• 37:42
  Speaker 3: part of how you approach your financial life with intelligence
• 37:47
  Speaker 3: risk mitigation and know where to put your efforts.
• 37:51
  Speaker 1: Yes, is it true read that this is the first
• 37:57
  Speaker 1: technology that helps you with human design? I will What
• 38:04
  Speaker 1: I mean by that is I will talk to artificial
• 38:09
  Speaker 1: intelligence and dream a world or have a specific idea,
• 38:14
  Speaker 1: and I'll frame it out in plain English, and I'll
• 38:18
  Speaker 1: take idea concept to the left and concept to the right,
• 38:23
  Speaker 1: neither which have touched each other. Ever, I'll slam them
• 38:26
  Speaker 1: together in a new vision I have for a third
• 38:29
  Speaker 1: line of doing something, and I'll say Please tell me
• 38:33
  Speaker 1: if I take a over here and be way over
• 38:37
  Speaker 1: here and I slam it together and have a vision
• 38:40
  Speaker 1: for this other thing over here, how does that work?
• 38:44
  Speaker 2: Does that work?
• 38:45
  Speaker 1: Please analyze this for me and give me a framework
• 38:48
  Speaker 1: for the future of how this might go forward. Is
• 38:51
  Speaker 1: that what you're talking about when you're talking about having it.
• 38:55
  Speaker 1: I'm using it as a co creator almos. But is
• 38:59
  Speaker 1: there another technology that you're aware of that allows you
• 39:02
  Speaker 1: to do that? So you're going in that a little
• 39:04
  Speaker 1: bit with the financial analysis. I just did the human version.
• 39:07
  Speaker 3: So so no, from the viewpoint of there was nothing
• 39:11
  Speaker 3: that can go from like kind of almost like your
• 39:15
  Speaker 3: companion in you just like helping you refine what your
• 39:20
  Speaker 3: intent is and then creating all the work. Sure there
• 39:24
  Speaker 3: were spreadsheets before. Sure there were software applications before, but
• 39:29
  Speaker 3: like just like for example, like tax planning. You know,
• 39:33
  Speaker 3: the best software tax planning stuff before used to be
• 39:37
  Speaker 3: you know, kind of the equivalent of form filling and
• 39:41
  Speaker 3: kind of working through it, not like how to actually
• 39:44
  Speaker 3: in fact, you know, help maximize your taxes, not just
• 39:47
  Speaker 3: like for now what you have, but what kinds of
• 39:49
  Speaker 3: things you might do differently in order to do that.
• 39:53
  Speaker 3: Previously that required a person. By the way, it still
• 39:56
  Speaker 3: could be helpful with a person, but now you can
• 40:00
  Speaker 3: do this with with just the thing. And so for example,
• 40:02
  Speaker 3: like when you get to thinking about like what is
• 40:04
  Speaker 3: the promise of AI, I think all of us within
• 40:08
  Speaker 3: a small number of years will have a medical assistant
• 40:11
  Speaker 3: that's essentially free to operate for you know, concerns around
• 40:15
  Speaker 3: like oh, you know, is this a cancerous you know,
• 40:18
  Speaker 3: melanoma or whatever, or I have these symptoms, should I
• 40:22
  Speaker 3: be worried? Should I go down to the clinic? Et cetera,
• 40:25
  Speaker 3: a legal assistant, namely I'm looking at this rental agreement,
• 40:30
  Speaker 3: is this okay or not? For example, and an educational
• 40:35
  Speaker 3: assistant for anything. And you know, part of the promise
• 40:40
  Speaker 3: of this is we should, as a society, and we
• 40:45
  Speaker 3: might just through the natural workings of the economics, have
• 40:48
  Speaker 3: all three of these things in substantial quality for free
• 40:53
  Speaker 3: for everyone in society. That's a huge human amplification, yes, right,
• 40:59
  Speaker 3: And then that helps you with a bunch of other
• 41:01
  Speaker 3: things that for example, right now only wealthy people can
• 41:04
  Speaker 3: afford legal help fundamentally, I mean sure, there's public defenders
• 41:08
  Speaker 3: and other things, you know, and pro bono stuff for
• 41:11
  Speaker 3: public interest law, but most often the only legal stuff,
• 41:15
  Speaker 3: Like most people will the encounter a rental agreements like
• 41:17
  Speaker 3: I don't know, I'll read it. I'm not sure. I
• 41:20
  Speaker 3: got to live somewhere. I'm gonna sign it, but they
• 41:23
  Speaker 3: don't know right. Whereas now, by the way, you can
• 41:26
  Speaker 3: already even do that today. You can go to chat
• 41:28
  Speaker 3: ebt yeah, and you can put it in and go
• 41:33
  Speaker 3: give me an analysis to this. Is there anything I should
• 41:35
  Speaker 3: be worried about here?
• 41:40
  Speaker 1: The legal thing is particularly interesting. I had another aha recently.
• 41:45
  Speaker 1: In forty years, I've not sued or been sued anybody.
• 41:48
  Speaker 1: It's all worked out because everybody I've done business with
• 41:51
  Speaker 1: a prescreen, they were decent. I got into a shotgun
• 41:53
  Speaker 1: marriage when a business deal meaning that the money was
• 41:57
  Speaker 1: the motivation, and I met the person who was presenting
• 41:59
  Speaker 1: the money was buying one of my companies. Anyway, I
• 42:02
  Speaker 1: am now ended up in a Leegal braja with this
• 42:05
  Speaker 1: situation to try to exit it, which is fine, and
• 42:09
  Speaker 1: I've spent you know, six figures just trying to defend
• 42:15
  Speaker 1: the truth. I mean, the truth is right there, it's obvious,
• 42:19
  Speaker 1: but uh, my naive it. My naivete was, well, this
• 42:23
  Speaker 1: is quick because this is so obvious. But no, you've
• 42:27
  Speaker 1: got to go through the process of making the obvious
• 42:31
  Speaker 1: uh materially relevant to the court. And that requires a
• 42:36
  Speaker 1: process that requires at the moment a lot of legal
• 42:40
  Speaker 1: wrangling at by the hour, and so truth alone is
• 42:45
  Speaker 1: not enough. And in this new world, I see that
• 42:50
  Speaker 1: barrier lowering from what I'm spending, what I've spent already
• 42:53
  Speaker 1: with is six figures, and I'm happy to do it.
• 42:55
  Speaker 2: Luckily I can. I see that lowering to five figures
• 42:59
  Speaker 2: and maybe four.
• 43:03
  Speaker 1: So you're providing a lot of support to your legal
• 43:06
  Speaker 1: assistant or you legalistic viting support for a in mad case,
• 43:10
  Speaker 1: really good journeyman attorney who's processing. Am I on the
• 43:14
  Speaker 1: right track here?
• 43:16
  Speaker 3: And by the way, I think it's everything from I
• 43:19
  Speaker 3: can't afford anything whatsoever. I get some help from AI,
• 43:23
  Speaker 3: I can, but I can now pay somebody. This is
• 43:26
  Speaker 3: the person with AI to provide high quality legal for
• 43:31
  Speaker 3: small amounts of money because they can do it in
• 43:33
  Speaker 3: a really efficient way. Just like for example, like tax
• 43:38
  Speaker 3: filing is going to completely change because it's like, oh,
• 43:41
  Speaker 3: I can file your taxes for an hour worth of work,
• 43:45
  Speaker 3: you know, you know, working on these agents even when
• 43:48
  Speaker 3: they're pretty complicated, and I can do a better job
• 43:51
  Speaker 3: than I could before when I was spending twenty hours.
• 43:56
  Speaker 1: Let's get into some final, really hard hitting questions. This
• 43:59
  Speaker 1: is and fabulous. I mean, just the piece you gave
• 44:02
  Speaker 1: about the three assistance that everybody should have, I think
• 44:06
  Speaker 1: it's mind blowing. And as much as I think about this,
• 44:08
  Speaker 1: I hadn't thought about that. It's really quite that's inspiring
• 44:13
  Speaker 1: by itself. Will this technology increase or decrease connectiveness or disconnectiveness,
• 44:23
  Speaker 1: wealth or the lack thereof? Uh? That's and I know
• 44:29
  Speaker 1: that a lot of this depends, but what's your assessment?
• 44:32
  Speaker 1: What's your assessment? Number two? What are jobs going to
• 44:35
  Speaker 1: look like in the future? Somebody listening is what kind
• 44:37
  Speaker 1: of jobs do you think they should be preparing themselves for?
• 44:40
  Speaker 1: Number three, if you're an entrepreneur or a business person
• 44:43
  Speaker 1: listening to this, does this lower the barrier or increase it?
• 44:48
  Speaker 1: And what are some opportunities you to suggest for them?
• 44:51
  Speaker 1: I have a larger question after this, but these are
• 44:53
  Speaker 1: three practical ones.
• 44:55
  Speaker 2: Yep.
• 44:56
  Speaker 3: So I'll go kind of brass tacks and quickly. All
• 45:00
  Speaker 3: of these are questions we can spend the whole hour
• 45:02
  Speaker 3: on so I'm going to throw that. So I think
• 45:08
  Speaker 3: the initial impact of AI will will be to decrease connectedness,
• 45:12
  Speaker 3: in part because you're spending more time with AI. The
• 45:14
  Speaker 3: AI has various features that other human beings don't have,
• 45:18
  Speaker 3: like it's always trying to please you and agree with
• 45:21
  Speaker 3: you and so and so I think the initial thing
• 45:23
  Speaker 3: will be a dip there. I think that's a problem.
• 45:25
  Speaker 3: I think we want to construct AI to increase human connectedness.
• 45:30
  Speaker 3: Is one of the companies I co found and called
• 45:31
  Speaker 3: Inflection AI, which is a chatbot called Pie you know,
• 45:35
  Speaker 3: pun intended but personal intelligence, and that's to have high
• 45:39
  Speaker 3: Q and enhance connectedness. But I think that's going to
• 45:42
  Speaker 3: be one of the challenges. I think it will create
• 45:48
  Speaker 3: a bunch of wealth opportunities, but it's kind of like
• 45:53
  Speaker 3: an earthquake on the whole current system. So for example,
• 45:59
  Speaker 3: you know where will be the economic opportunities will be
• 46:04
  Speaker 3: very different five to ten years from now than there
• 46:06
  Speaker 3: are today, and kind of how does that play out
• 46:10
  Speaker 3: and so, and that's part of the reason my general
• 46:14
  Speaker 3: advice is learn and be AI native, because then whatever
• 46:20
  Speaker 3: the opportunities, you might be in a well positioned to
• 46:23
  Speaker 3: go towards one of the good economic opportunities, and so
• 46:26
  Speaker 3: I think that's you know, kind of fundamental to it.
• 46:29
  Speaker 3: And I think a lot of people hate that because
• 46:31
  Speaker 3: they like stability, they like being able to predict, you know,
• 46:34
  Speaker 3: a kind of a good economic future. And I understand
• 46:37
  Speaker 3: and I appreciate. But it's similar to the kind of
• 46:39
  Speaker 3: the industrial revolution, which is all of a sudden we're
• 46:42
  Speaker 3: moving from agriculture into the cities and doing stuff. And
• 46:45
  Speaker 3: by the way, there's a whole bunch of challenges around that,
• 46:48
  Speaker 3: but it's what creates the entire future life. So I
• 46:50
  Speaker 3: think that's the wealth side. Now for jobs, it's you know,
• 46:55
  Speaker 3: adjunct to the wealth, which is, look, I think there
• 46:59
  Speaker 3: will be a number of jobs. I think there will
• 47:00
  Speaker 3: be new jobs created, but basically, you know, within a
• 47:05
  Speaker 3: small n number of years. I think it's kind of
• 47:07
  Speaker 3: like if the job involves language or information at all
• 47:11
  Speaker 3: and you're not using AI, that's a little bit like
• 47:14
  Speaker 3: you show up going you know, I'm offering my horse
• 47:18
  Speaker 3: for transportation of things in the age of the automobile
• 47:22
  Speaker 3: and in the railroad, right, So it's like you need
• 47:26
  Speaker 3: to let be more substantive on it. Now, on entrepreneurship,
• 47:32
  Speaker 3: the short answer is it'll both increase uh low, increase
• 47:37
  Speaker 3: capability for doing it, and increase challenge. It's like both
• 47:40
  Speaker 3: sides partially because you'll have the entrepreneurial advisor just like
• 47:46
  Speaker 3: the kind of legal and medical advisors. You'll be able
• 47:48
  Speaker 3: to parse a bunch of things to be able to
• 47:50
  Speaker 3: do financial analysis. You'll be able to have software coding
• 47:53
  Speaker 3: and be able to launch certain kinds of products much
• 47:55
  Speaker 3: more easily, et cetera. These challenges everyone else gets the
• 48:02
  Speaker 3: same thing. So, for example, if you think the app
• 48:05
  Speaker 3: store just as a microcosm, the app store is full
• 48:09
  Speaker 3: and busy today, it's going to have a thousand times
• 48:14
  Speaker 3: that in a year or two. Yes, so how do
• 48:16
  Speaker 3: you break through the noise and what do you do?
• 48:18
  Speaker 3: And the competition is intense and all that. So it
• 48:21
  Speaker 3: both will create make entrepreneurship easier because it'll bring certain
• 48:26
  Speaker 3: resources to bear, but it makes it easier for everybody,
• 48:28
  Speaker 3: which means the competition goes way way up.
• 48:32
  Speaker 1: Yes, I used to be impressed with certain letters that
• 48:37
  Speaker 1: came to me that had certain language in it, are
• 48:41
  Speaker 1: certain insights about me in the letter inviting me to
• 48:44
  Speaker 1: speak or whatever.
• 48:44
  Speaker 2: I'm not impressed anymore because.
• 48:46
  Speaker 1: Now they could just go to AI and have AI
• 48:50
  Speaker 1: write you that letter, and I can tell an AI
• 48:53
  Speaker 1: assisted letter when it comes to me. So that's that competition,
• 48:58
  Speaker 1: raising the stakes. The table states on what competency looks like,
• 49:02
  Speaker 1: what's a basic, what is a basic whatever it.
• 49:05
  Speaker 2: Comes to you.
• 49:05
  Speaker 1: A business plan used to be. I mean, oh my god,
• 49:08
  Speaker 1: person as a business plan. Now everybody will have a
• 49:10
  Speaker 1: business plan it and it'll look really sharp, so the
• 49:14
  Speaker 1: differentiator will be different. Okay, let's I have thirty five questions.
• 49:19
  Speaker 1: I'm throwing them all out because and I've never had
• 49:21
  Speaker 1: thirty five questions for anybody read ever, ever, ever, ever.
• 49:24
  Speaker 2: That's how interesting I think you are.
• 49:27
  Speaker 1: Maybe we'll do another podcast, but in the remaining moments,
• 49:32
  Speaker 1: let's just throw the doors open. You're giving a fireside
• 49:37
  Speaker 1: chat with America and the world America to be, can be,
• 49:43
  Speaker 1: to be, to try to go from two hundred and
• 49:46
  Speaker 1: fifty years of success and dominance to another fifty years.
• 49:50
  Speaker 1: You're giving also a discussion to the world about the future.
• 49:54
  Speaker 1: You're a futurist conversation. You got the global media presence.
• 49:58
  Speaker 1: Everybody's listening to you. You got five or ten minutes,
• 50:02
  Speaker 1: so you've got to be blunt. You're a futurist. You
• 50:05
  Speaker 1: gotta be blunt. You're trying to be optimistic, but you
• 50:07
  Speaker 1: have to be practical too. What do you tell a
• 50:11
  Speaker 1: world that's both in play right now and a world
• 50:14
  Speaker 1: waiting to be born. There's some lady with a who's
• 50:17
  Speaker 1: pregnant with a three month though she's three months pregnant.
• 50:20
  Speaker 1: There's a young people looking towards the future. There was
• 50:23
  Speaker 1: elderly trying to figure can they retire. There's people in
• 50:27
  Speaker 1: the job market right now who are making six figures
• 50:29
  Speaker 1: trying to figure out how disruptive this is going to be,
• 50:33
  Speaker 1: People who are both fearful and hopeful.
• 50:37
  Speaker 2: You're the futurist. What do you say?
• 50:42
  Speaker 3: So the short answer is, uh, we're heading into a
• 50:49
  Speaker 3: combination of an earthquake in a tsunami. It's going to
• 50:52
  Speaker 3: shake everything up. That's going to be scary. It's going
• 50:56
  Speaker 3: to have some negative adverse impacts across a number of
• 50:59
  Speaker 3: different things things, and you know your instinct will be
• 51:04
  Speaker 3: let's stop it, let's slow it down, et cetera. But
• 51:06
  Speaker 3: the problem is is it's it's a competitive human scope.
• 51:10
  Speaker 3: So for example, you know those countries which rejected the
• 51:15
  Speaker 3: industrial revolution basically had you know, centuries of poverty and
• 51:21
  Speaker 3: being colonized by other countries that did the industrial revolutions,
• 51:25
  Speaker 3: so you have you have to embrace it. It does mean
• 51:29
  Speaker 3: by the way, just like the industrial evolution, which you know,
• 51:32
  Speaker 3: in its first decades lowered the average lifespan by seven years, right,
• 51:37
  Speaker 3: Like this is not like these these are not small
• 51:39
  Speaker 3: costs as they kind of go into them, but you
• 51:42
  Speaker 3: have to go into it for future generations. Now that
• 51:45
  Speaker 3: being said, that doesn't mean that we want to just
• 51:48
  Speaker 3: blindly accept every challenge and negative you know kind of
• 51:53
  Speaker 3: effect that can happen. We should try to steer it
• 51:57
  Speaker 3: towards you know, kind of uh navigating the transition, not
• 52:01
  Speaker 3: navigating the transformation as humanly as possible. And so for example,
• 52:06
  Speaker 3: part of what I've been you know, telling governments for
• 52:09
  Speaker 3: you know, almost a decade now is like, you know,
• 52:12
  Speaker 3: we'll get these assistants, the medical, the legal, the educational,
• 52:16
  Speaker 3: you know, they're be working with like how do we
• 52:19
  Speaker 3: make sure that new jobs are being created at a
• 52:22
  Speaker 3: rate and that we're facilitating people to find, learn, and
• 52:28
  Speaker 3: do those new jobs. By the way, AI can help
• 52:30
  Speaker 3: you with all those So make AI part of the solution.
• 52:33
  Speaker 3: So I think we can mitigate the transformation apart because
• 52:36
  Speaker 3: we can use AI to help with the transition. But
• 52:41
  Speaker 3: but like it's like, buckle up, it's going to be
• 52:45
  Speaker 3: like a it's going to be a taxing ride. And
• 52:52
  Speaker 3: that's true for everybody. It's weirdly less true. Like seventy
• 52:56
  Speaker 3: percent of our economy the service economy, and the service
• 53:00
  Speaker 3: economy is going to be the tail end of this, right,
• 53:04
  Speaker 3: the whole like, you know, the waiter being replaced by
• 53:06
  Speaker 3: a robot is just stupid at the moment because the
• 53:09
  Speaker 3: robots it'll be a while before they're they're they're cheap
• 53:13
  Speaker 3: enough for that and good and and good enough. Right,
• 53:17
  Speaker 3: so like there's a whole bunch it's like, oh, that's fine,
• 53:19
  Speaker 3: but like the core engine of the economy, which which
• 53:23
  Speaker 3: then pays for all the service jobs because someone comes
• 53:26
  Speaker 3: in and says, oh, well, we sell these products around
• 53:28
  Speaker 3: the world and ords, so we have a bunch of
• 53:29
  Speaker 3: money that comes into our company and we can hire
• 53:31
  Speaker 3: accountants and we go to restaurants and the like. Like
• 53:34
  Speaker 3: that is going to be you know, kind of shaken
• 53:37
  Speaker 3: up and some you know, transformed in some interesting ways.
• 53:40
  Speaker 3: And it's in our interest to do it, in our
• 53:42
  Speaker 3: interest to do it quickly, but also in our interest
• 53:46
  Speaker 3: to try to do it as humanly as possible, which
• 53:48
  Speaker 3: means how do we help with the transition. So the
• 53:51
  Speaker 3: question for people is how do we how do how
• 53:54
  Speaker 3: do how do you help yourself? And how do we
• 53:57
  Speaker 3: help each other in navigating me That business is translation
• 54:03
  Speaker 3: because the future, by the way, I think, will be
• 54:07
  Speaker 3: a greater impact on human society to the positive than
• 54:12
  Speaker 3: the Industrial Revolution is. And by the way, to some degree,
• 54:15
  Speaker 3: all of our modern prosperity, a middle class, a you
• 54:19
  Speaker 3: know versus a peasant or a serf class, a ability
• 54:22
  Speaker 3: to do you know, a public education, and a broad franchise,
• 54:27
  Speaker 3: you know, the ability to have public health, you know,
• 54:30
  Speaker 3: not just you know, limited to the uber wealthy. All
• 54:34
  Speaker 3: of that comes from the Industrial Revolution. You're about to
• 54:37
  Speaker 3: see another magnification of that. It's totally worth it, but
• 54:41
  Speaker 3: it's going to be a painful ride.
• 54:44
  Speaker 1: That was brilliant and I know we're running out of time.
• 54:47
  Speaker 1: We've run out of time. We're gonna wrap this up.
• 54:49
  Speaker 1: There's so many things firing off of my head. I'd
• 54:51
  Speaker 1: love to have done another hour. As you said, we
• 54:54
  Speaker 1: could have done each of these topics could have been
• 54:55
  Speaker 1: an hour themselves. So we'll wrap this up and maybe
• 54:58
  Speaker 1: come back if you wouldn't mind for a part two.
• 55:01
  Speaker 1: It strikes me. It struck me as you were talking.
• 55:04
  Speaker 1: Read again. We just don't have time for this conversation.
• 55:07
  Speaker 1: But it's mind blowing. I never thought about this before.
• 55:11
  Speaker 1: If Africa, you know people, you know I don't deal with.
• 55:15
  Speaker 1: I don't not bothered by racism or discrimination, as Ambassadorjung says,
• 55:18
  Speaker 1: I don't pay attention to discrimination because I don't think
• 55:21
  Speaker 1: anybody is any better than me. But the racism or
• 55:26
  Speaker 1: the discrimination the view of certain people had in the
• 55:30
  Speaker 1: fifteen hundreds sixteen hundreds of Africa meant that didn't take
• 55:34
  Speaker 1: them seriously as a competitive intellectual force that could root industrialization.
• 55:41
  Speaker 1: They just stall them as a resource base that they
• 55:43
  Speaker 1: could extract from for industrialization, including people who had talents
• 55:48
  Speaker 1: of agriculture, of their agricultural genius as they brought them
• 55:52
  Speaker 1: to the Southern States where the soil was very different,
• 55:56
  Speaker 1: was very similar, humid and hot, and needed the genius
• 56:00
  Speaker 1: of Africans to read ignite it.
• 56:03
  Speaker 2: But we didn't go.
• 56:04
  Speaker 1: Back from the agricultural age and say, hey, thanks for
• 56:07
  Speaker 1: that there's an industrial age now and we want to
• 56:10
  Speaker 1: invest in So Africa has sort of missed industrialization, It
• 56:15
  Speaker 1: missed the technology age, it missed a lot of the
• 56:19
  Speaker 1: information age, and it's now trying to catch up on
• 56:22
  Speaker 1: the back end.
• 56:23
  Speaker 2: And I think it can. But it struck me. I
• 56:27
  Speaker 2: hadn't It hadn't hit me before that.
• 56:29
  Speaker 1: Literally there's like at least two ages that jumped over Africa.
• 56:34
  Speaker 1: And when you said that, they are nations who did
• 56:36
  Speaker 1: not embrace industrialization or whatever the thing was.
• 56:40
  Speaker 2: Look at them now that I left behind.
• 56:41
  Speaker 1: Well, that's Africa, that's you know, there's a lot of
• 56:43
  Speaker 1: other places by the way too.
• 56:46
  Speaker 2: And as.
• 56:49
  Speaker 1: Michael Milkan would say, intelligence is equally distributed, opportunity is not, yes,
• 56:54
  Speaker 1: and this has a chance to sort of level that
• 56:57
  Speaker 1: playing field, if you will.
• 57:01
  Speaker 2: Is what hit me. I hope I got that right
• 57:05
  Speaker 2: hundred was that.
• 57:07
  Speaker 1: This has been fascinating and so many things going off
• 57:11
  Speaker 1: in my head about why this conversation needs to be
• 57:16
  Speaker 1: the conversation for a while. Thank you, Reid Hoffman. Is
• 57:21
  Speaker 1: is there anything that you want the world to know,
• 57:25
  Speaker 1: to hear, to think about, to remember about you personally,
• 57:29
  Speaker 1: about professionally, your passions, uh, and or advice you have
• 57:34
  Speaker 1: for them for the future.
• 57:35
  Speaker 3: As we wrap up, well, I think that the it's broadly,
• 57:43
  Speaker 3: the AI revolution is going to happen. The tsunami is
• 57:46
  Speaker 3: going and you want to get your whether it's a surfboard,
• 57:50
  Speaker 3: a sailing boat or whatever, you know, kiteboard, you want
• 57:55
  Speaker 3: to get it out and start working on it. And
• 57:57
  Speaker 3: it's and it's it's the exactly start paddling. It's the
• 58:00
  Speaker 3: most important thing to do. And so you know, part
• 58:04
  Speaker 3: of what I'm spending my time doing writing books, you know,
• 58:07
  Speaker 3: super Agency, Impromptu, startup a view, etcetera. And doing podcasts
• 58:11
  Speaker 3: like this is trying to help people see that so
• 58:13
  Speaker 3: that they can grab their own to maximize the chance
• 58:19
  Speaker 3: that you can grab your own agency in the tsunami.
• 58:22
  Speaker 1: I have a bonus question that I promise you will
• 58:25
  Speaker 1: be the last one. It just hit me. I'm on
• 58:28
  Speaker 1: the border clock Atlanta University, and they're embracing AI and
• 58:32
  Speaker 1: financial literacy and artificial intelligence literacy, which is great smart
• 58:37
  Speaker 1: where up until now, you've had one or two careers
• 58:40
  Speaker 1: for your whole life, you had a competency and that
• 58:43
  Speaker 1: lasted you for fifty years. In that competency, maybe you
• 58:46
  Speaker 1: had two careers, maybe you shifted. I believe again on air,
• 58:52
  Speaker 1: disagree with me. I love constructive friction. I believe that
• 58:57
  Speaker 1: very much like when I used to send a document
• 58:59
  Speaker 1: to somebody in the past, they say, that's an impressive document.
• 59:03
  Speaker 1: Now no one even comments on the document. They assume
• 59:06
  Speaker 1: the document is going to be impressive. Now they're like,
• 59:08
  Speaker 1: they're basically saying, you're an impressive person. I'm gonna deal
• 59:11
  Speaker 1: with you because of who you are. Of course, the
• 59:13
  Speaker 1: document is supposed to be at this level. That's a
• 59:15
  Speaker 1: new expectation because of AI and all the things that
• 59:18
  Speaker 1: allow you to prepare a great document. So I think
• 59:22
  Speaker 1: that you're gonna have careers. It might be you might
• 59:24
  Speaker 1: have five, six eight different careers as a graduate because
• 59:30
  Speaker 1: it's no longer the is. The thing is no longer
• 59:34
  Speaker 1: the thing because AI can help you, It can help
• 59:37
  Speaker 1: master the thing. You need to be the leader on
• 59:41
  Speaker 1: top of the thing, the differentiator on top of the
• 59:45
  Speaker 1: thing that moves the thing. And so you might end
• 59:49
  Speaker 1: up having five six eight different careers because you're bringing
• 59:54
  Speaker 1: you as a differentiator to the thing. The thing itself
• 59:58
  Speaker 1: has become less, not important, but it is in itself intelligent. Okay,
• 1:00:04
  Speaker 1: did that make any sense at all?
• 1:00:06
  Speaker 3: Yes? Look, so the short answer is the future jobs
• 1:00:10
  Speaker 3: are that you are broadly being the conductor of AI
• 1:00:16
  Speaker 3: agents is an orchestra. Now there will be some stuff
• 1:00:19
  Speaker 3: that you're still doing yourself, but it's that and that
• 1:00:21
  Speaker 3: does mean that as opposed to a job, it's a
• 1:00:24
  Speaker 3: sequence of jobs. And so like my very first book,
• 1:00:27
  Speaker 3: The Startup Review, which is we all have to embrace
• 1:00:29
  Speaker 3: the entrepreneurial side. It doesn't mean that we have to
• 1:00:32
  Speaker 3: create companies, but we have to think of ourselves as
• 1:00:34
  Speaker 3: the skill set of entrepreneurs. That's what's going to happen.
• 1:00:37
  Speaker 3: And so you know, as opposed to a career escalator,
• 1:00:40
  Speaker 3: you're going to have a career jungle gym, and the
• 1:00:42
  Speaker 3: AI will help you with the jungle gym.
• 1:00:46
  Speaker 2: I'm glad.
• 1:00:46
  Speaker 1: I am glad I asked the last bonus question. Ladies
• 1:00:49
  Speaker 1: and gentlemen, this is a genius. This is the man,
• 1:00:53
  Speaker 1: an innovator, a legend in our time.
• 1:00:57
  Speaker 2: Read Hoffman.
• 1:00:59
  Speaker 1: When you go to your LinkedIn thank him, read thank
• 1:01:04
  Speaker 1: you for joining us on Money and Wealth on the
• 1:01:06
  Speaker 1: Black Effect Network on iHeartRadio. This has been a transformational
• 1:01:10
  Speaker 1: interview and reeda said we will be back for more awesome.
• 1:01:17
  Speaker 1: Money and Wealth with John O'Brien is a production of
• 1:01:19
  Speaker 1: the Black Effect Podcast Network. For more podcasts from the
• 1:01:22
  Speaker 1: Black Effect Podcast Network, visit