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Tracy Alloway

๐Ÿ‘ค Speaker
1768 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

You'll never get fired for buying IBM, right?

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

Like how much of it is just like, well, you know, I did my best.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

I hired McKinsey.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

What more can I do if it goes wrong?

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

It's McKinsey's fault.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

You know, you mentioned the black box of the algorithms, which I think is a really interesting point.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

And we did an episode with the CTO of Goldman Sachs recently, and we asked him, like, Goldman Sachs is a highly regulated bank.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

When you have bank supervisors who go in and want to understand your AI system,

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

what are they actually understanding?

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

Do they understand the underlying code that's driving the algorithm?

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

And the answer was, well, no, not really.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

You can't expect them to understand all that stuff.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

It's more about having the right controls in place that prevent the algo from running amok.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

And so my question is with AI,

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

where we have a lot of experts, highly paid experts and engineers in the private sector developing all this new stuff versus a shrinking body of government officials.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

What should our expectation be about how much they understand this technology?

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

Interesting.

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

Why do you think that hasn't happened yet or governments haven't stepped in faster?

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

Because I do think AI is kind of unusual in the sense that, you know, you have people like Sam Altman who will say very publicly in interviews like, yeah, this creates a lot of negative externalities and society is going to have to figure out how to deal with this and

Odd Lots
Mariana Mazzucato Thinks We Need More Moonshots

Governments are going to have to figure out how to actually best deploy this technology.