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Doug

๐Ÿ‘ค Speaker
2579 total appearances

Appearances Over Time

Podcast Appearances

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Adriac, you noticed the same thing. But I'm a little different. There's two options you could do here. For me, there's only one option. Fire them all. Oh, fire them all. And I'm out. I sell the stock.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Adriac, you noticed the same thing. But I'm a little different. There's two options you could do here. For me, there's only one option. Fire them all. Oh, fire them all. And I'm out. I sell the stock.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Adriac, you noticed the same thing. But I'm a little different. There's two options you could do here. For me, there's only one option. Fire them all. Oh, fire them all. And I'm out. I sell the stock.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Now, what I believe most companies will do is go, my employees are twice as productive. Let's make twice as much stuff, right? Why would your reaction be, yeah, let's fire everybody and do the same amount instead of if you are a material science company or a manufacturing company or a software company, and suddenly your employees are twice as effective as they were before.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Now, what I believe most companies will do is go, my employees are twice as productive. Let's make twice as much stuff, right? Why would your reaction be, yeah, let's fire everybody and do the same amount instead of if you are a material science company or a manufacturing company or a software company, and suddenly your employees are twice as effective as they were before.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Now, what I believe most companies will do is go, my employees are twice as productive. Let's make twice as much stuff, right? Why would your reaction be, yeah, let's fire everybody and do the same amount instead of if you are a material science company or a manufacturing company or a software company, and suddenly your employees are twice as effective as they were before.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

They can produce twice as much because AI can do so many of the tasks that simply took time before. Why wouldn't you make twice as many things? If you are a business, you want to make more money, you want to succeed in the market, you can free up some of those people to develop new products, to be competitive in these other areas. Why wouldn't you grow? Every company is incentivized to grow.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

They can produce twice as much because AI can do so many of the tasks that simply took time before. Why wouldn't you make twice as many things? If you are a business, you want to make more money, you want to succeed in the market, you can free up some of those people to develop new products, to be competitive in these other areas. Why wouldn't you grow? Every company is incentivized to grow.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

They can produce twice as much because AI can do so many of the tasks that simply took time before. Why wouldn't you make twice as many things? If you are a business, you want to make more money, you want to succeed in the market, you can free up some of those people to develop new products, to be competitive in these other areas. Why wouldn't you grow? Every company is incentivized to grow.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Obviously, there's individuals who won't do that. There's going to be horrible leaders who are like, fuck all the human beings, they're going to be profit-driven. But in general, even if you take this very, very cynical, capitalistic, you know, they're just doing it for money, even in that case, I believe the vast majority of the time, the incentives are to make more.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Obviously, there's individuals who won't do that. There's going to be horrible leaders who are like, fuck all the human beings, they're going to be profit-driven. But in general, even if you take this very, very cynical, capitalistic, you know, they're just doing it for money, even in that case, I believe the vast majority of the time, the incentives are to make more.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

Obviously, there's individuals who won't do that. There's going to be horrible leaders who are like, fuck all the human beings, they're going to be profit-driven. But in general, even if you take this very, very cynical, capitalistic, you know, they're just doing it for money, even in that case, I believe the vast majority of the time, the incentives are to make more.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

And that's the hope, is that what this does is it enables all people and businesses around the world to be more effective, more productive. I've seen this in my own life. I've talked to dozens of people for whom AI has made their writing better, their planning better, people who are now able to do businesses in a way they weren't before, tackle... Tax is better.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

And that's the hope, is that what this does is it enables all people and businesses around the world to be more effective, more productive. I've seen this in my own life. I've talked to dozens of people for whom AI has made their writing better, their planning better, people who are now able to do businesses in a way they weren't before, tackle... Tax is better.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

And that's the hope, is that what this does is it enables all people and businesses around the world to be more effective, more productive. I've seen this in my own life. I've talked to dozens of people for whom AI has made their writing better, their planning better, people who are now able to do businesses in a way they weren't before, tackle... Tax is better.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

There's going to be so many fewer barriers to people starting businesses and creating things because AIs will allow everybody to engage with this. It's going to destroy a lot of jobs, but it will hopefully allow people to make more. And that means not just firing everybody. It means doing more stuff. And each person is more productive.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

There's going to be so many fewer barriers to people starting businesses and creating things because AIs will allow everybody to engage with this. It's going to destroy a lot of jobs, but it will hopefully allow people to make more. And that means not just firing everybody. It means doing more stuff. And each person is more productive.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

There's going to be so many fewer barriers to people starting businesses and creating things because AIs will allow everybody to engage with this. It's going to destroy a lot of jobs, but it will hopefully allow people to make more. And that means not just firing everybody. It means doing more stuff. And each person is more productive.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

And of course, this is also going to happen with a lot of job destruction. There's going to be a lot of people who use this in a very evil way. There's going to be a lot of people in certain areas who then can't recover and get the opportunities that are created. But I think that fundamental idea of if you can replace, if a person becomes more productive, you fire everybody is flawed.

Lemonade Stand
We're Open for Business | Ep 001 - Lemonade Stand

And of course, this is also going to happen with a lot of job destruction. There's going to be a lot of people who use this in a very evil way. There's going to be a lot of people in certain areas who then can't recover and get the opportunities that are created. But I think that fundamental idea of if you can replace, if a person becomes more productive, you fire everybody is flawed.