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Ed Elson

👤 Speaker
12512 total appearances
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Podcast Appearances

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And that is every year they rank

Prof G Markets
AI’s $400 Billion Test Is About To Begin

the nations on who are the happiest.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And every year, six of the 10 happiest places in the world are in Northern Europe.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And I'm going to Stockholm next week.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And whenever you go there in the summer, you sort of understand why they're so happy.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And then you go back in the winter and can't figure out why they're happy.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

But it's not the beautiful weather or the beautiful people.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

What it is is that happiness is not only a function of what you have,

Prof G Markets
AI’s $400 Billion Test Is About To Begin

but an absence from the fear of things being taken from you.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And that is, it's great to have a lot of money, but what's even more important to happiness is not worrying that if your wife gets lung cancer, you're also gonna go bankrupt.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And in the US now, we've decided to optimize the happiness for people who have a lot of money at the expense of the anxiety for people who are in kind of in the lower 90, especially I think the upper middle class who have more economic anxiety than they've ever had.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And you could just feel that in the questions, people asking what should their kids do?

Prof G Markets
AI’s $400 Billion Test Is About To Begin

What skill would you give your kids?

Prof G Markets
AI’s $400 Billion Test Is About To Begin

What is the likelihood my industry gets disrupted here?

Prof G Markets
AI’s $400 Billion Test Is About To Begin

So in a certain way, it was kind of, I don't want to say disheartening, but people are really...

Prof G Markets
AI’s $400 Billion Test Is About To Begin

People are just worried.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

And all of the catastrophizing coming out of the AI community, which I think is basically fundraising, you can feel it.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

It's, quote unquote, it's working.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

People are really, really worried.

Prof G Markets
AI’s $400 Billion Test Is About To Begin

The most rewarding thing is a chance to spend time with the team.