Host / Moderator

It reminds me of a mousetrap where you see the cheese and we're going, oh, my God, my grandmother is going to be able to do some research. And, oh, my God, my life is going to get easier. So you head closer and closer to the cheese. Yeah.

It reminds me of a mousetrap where you see the cheese and we're going, oh, my God, my grandmother is going to be able to do some research. And, oh, my God, my life is going to get easier. So you head closer and closer to the cheese. Yeah.

You agree with that, don't you?

You agree with that, don't you?

And what's the scale of that disruption in your estimation?

And what's the scale of that disruption in your estimation?

On the regulation point, it's worth saying that when Trump came into power, he signed in a new law, which is called removing barriers to American leadership in AI, which revokes previous AI policies that were deemed to be restrictive. And obviously, when you think about where the funding is going in AI, it's going to two places. It's going to America, and it's basically going to China.

On the regulation point, it's worth saying that when Trump came into power, he signed in a new law, which is called removing barriers to American leadership in AI, which revokes previous AI policies that were deemed to be restrictive. And obviously, when you think about where the funding is going in AI, it's going to two places. It's going to America, and it's basically going to China.

That's the vast majority of investment. So with those two in competition, any regulation that restricts AI in any way is actually self-sabotage. And this is, you know, I live in Europe some of the time.

That's the vast majority of investment. So with those two in competition, any regulation that restricts AI in any way is actually self-sabotage. And this is, you know, I live in Europe some of the time.

And it's already annoying to me that when Sam Altman and OpenAI released the O3 model, this new incredible model, it's not in Europe because Europe has a regulation which prevents it from coming to Europe. So we're now at a competitive disadvantage here. which Sam Altman's spoken about.

And it's already annoying to me that when Sam Altman and OpenAI released the O3 model, this new incredible model, it's not in Europe because Europe has a regulation which prevents it from coming to Europe. So we're now at a competitive disadvantage here. which Sam Altman's spoken about.

And more broadly on this point of disruption, I was quite unnerved when I heard that Sam Altman's other startup was called Wildcoin. And Wildcoin was conceived with the goal of facilitating universal basic income, i.e.,

And more broadly on this point of disruption, I was quite unnerved when I heard that Sam Altman's other startup was called Wildcoin. And Wildcoin was conceived with the goal of facilitating universal basic income, i.e.,

Helping to create a system where people who don't have money are given money by the government just for being alive to help them cover their basic food and housing needs, which suggests to me that the guy that has bought the biggest air company in the world can see something that a lot of us can't see, which is there's going to need to be a system to just hand out money to people because they're not going to be able to survive otherwise.

Helping to create a system where people who don't have money are given money by the government just for being alive to help them cover their basic food and housing needs, which suggests to me that the guy that has bought the biggest air company in the world can see something that a lot of us can't see, which is there's going to need to be a system to just hand out money to people because they're not going to be able to survive otherwise.

Let's talk about meaning. On that point of job displacement, this is already happening. Klarna's CEO, who has been on this podcast before, a great guy, said on a blog post that they published on Klarna's website, saying that they now have AI customer service agents handling 2.3 million chats per month, which is equal to having to hire 700 full-time people to do that.

Let's talk about meaning. On that point of job displacement, this is already happening. Klarna's CEO, who has been on this podcast before, a great guy, said on a blog post that they published on Klarna's website, saying that they now have AI customer service agents handling 2.3 million chats per month, which is equal to having to hire 700 full-time people to do that.

So they've already been able to save on 700 customer service people by having agents to do that.

So they've already been able to save on 700 customer service people by having agents to do that.