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Daniel Yergin

πŸ‘€ Speaker
1365 total appearances

Appearances Over Time

Podcast Appearances

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

You know, it's said that, you know, to be a fully trained lineman, you need seven years.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

So, you know, you can see that this area of electricity is, pardon me for saying it, is hot.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

That's right.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

What you really realize is that hydrocarbons have been the fuel, the engine really of economic development.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

People would still be in sailboats.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

They would still spend six weeks crossing the Atlantic.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

It would take weeks to go from one place to another.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

That's a very interesting question to imagine our world without them.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

Well, you were kind of gonna run out of whales basically.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

And I love that, you know, that these kind of consultants, this professor at Yale did this experiment.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

He needed some extra money and he did some studies that showed, well, actually this stuff called rock oil, you could turn it into a lighting fuel fluid.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

and the risk taking of it.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

But yeah, it's hard to, we wouldn't be where we are.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

We wouldn't have the world today.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

We wouldn't be a world of 8 billion people were it not for it.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

Obviously there's gonna be change.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

And I'd say right now, the incentives for innovation are there.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

That's why we may see a runway of what's gonna come, but it may really come from the side.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

Well, I think that's a question that I'd like to ask you, but, but it is a sense that we are at the beginning of something new and, um,

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

I remember when actually it was interesting, political leader in Central Asia saying, you know, AI is going to be the true source of power in the future.