Alex Wissner-Gross
π€ SpeakerAppearances Over Time
Podcast Appearances
This is an enormous limiting factor for real economic growth and something that I'm trying to change.
I like the fact that you're asking me this question, whereas behind us, we have a market that's completely dominated by AIs.
So this is the, as I understand it, this is the options exchange behind us, not the equities exchange.
If we had the equities exchange behind us, my retort would be, so it might as well be anyway, 90 plus percent of public equities are traded by algos at this point, not humans.
Before we started, I was asking you and our kind hosts at the New York Stock Exchange, how many of the people behind us are paid actors?
So I would argue we're already- What was the answer?
We're there.
So I think hopefully the people behind us are paid.
So the question just reduces to how many of them are actors.
How much of this is sort of a meat puppet act?
Sorry, sorry.
I think we're already there though.
Most of economic activity, at least as measured in public securities exchanges at this point, is algorithmic.
We're already living in an economy that's completely dominated by AI agents.
The last mile that's been missing is you don't see them on the streets.
If I walk out on the streets of Manhattan right now, I don't see humanoid robots carrying out economically productive tasks yet.
I'm working to change that.
I have a portfolio company that's working to create the first humanoid robot road race.
In this country, Beijing had one, the humanoid robot games.
U.S.