1
00:00:00,480 --> 00:00:04,037
There are two and a half countries
that are embracing these technologies.

2
00:00:04,120 --> 00:00:08,117
America, which has GDP growth.
That part of the problem we

3
00:00:08,200 --> 00:00:13,517
have politically is it works almost too
well. It's just not widely China seems

4
00:00:13,600 --> 00:00:17,557
to be working and Israel seems to be
working. Where have people not embraced

5
00:00:17,640 --> 00:00:21,077
these technologies?
And so that that it's like

6
00:00:21,160 --> 00:00:25,277
it but again, if you just start with the
core problem Germany has, it's an export

7
00:00:25,360 --> 00:00:29,517
culture. It's products have to be better
than everyone else's or no one's going

8
00:00:29,600 --> 00:00:33,917
to buy them. And you you you can
basically ask Germans, do you think your

9
00:00:34,000 --> 00:00:36,157
products are going to be responsible for

10
00:00:36,240 --> 00:00:41,237
your for your uh um economic health,
bullstand, or is it going to be your

11
00:00:41,320 --> 00:00:44,117
diplomatic service that's going
to deliver that? You're going to you're

12
00:00:44,200 --> 00:00:46,797
going to rely on German popularity. And

13
00:00:46,880 --> 00:00:49,157
so the opportunity is it's I I tend to

14
00:00:49,240 --> 00:00:52,837
think like the opportunity is that if

15
00:00:52,920 --> 00:00:56,877
you want to succeed and thrive, there's
only one set of technologies that can do

16
00:00:56,960 --> 00:01:00,237
this. How are you going to rebuild your
car industry so it's as good as China's?

17
00:01:00,320 --> 00:01:03,957
Just start there. Like again,
that it it and the people

18
00:01:04,040 --> 00:01:06,357
are doing that. We have partners.
How are you going to rebuild these

19
00:01:06,440 --> 00:01:08,757
industries so you can compete and win?

20
00:01:08,840 --> 00:01:11,557
There there is no other way.

21
00:01:11,640 --> 00:01:14,357
>> Alex, I think we are living

22
00:01:14,440 --> 00:01:18,717
in one of the most exciting times
of civilization. There is so much change,

23
00:01:18,800 --> 00:01:20,917
there is so much progress, there is

24
00:01:21,000 --> 00:01:24,277
progress on so many levels in highest

25
00:01:24,360 --> 00:01:27,037
and accelerated speed. It is

26
00:01:27,120 --> 00:01:32,557
the case for space, it is the case for
health, it is the case for computing and

27
00:01:32,640 --> 00:01:33,757
robotics.

28
00:01:33,840 --> 00:01:36,877
It is the case also for defense,

29
00:01:36,960 --> 00:01:40,557
unfortunately we need that. So my

30
00:01:40,640 --> 00:01:43,117
question is although we are

31
00:01:43,200 --> 00:01:47,157
at the eve of an incredible accelerated

32
00:01:47,240 --> 00:01:51,797
productivity gain and uh potentially

33
00:01:51,880 --> 00:01:54,557
a better form of

34
00:01:54,640 --> 00:01:59,277
living in civilization I
really see that opportunity.

35
00:01:59,360 --> 00:02:03,037
Nevertheless, it is one
of the most skeptical times.

36
00:02:03,120 --> 00:02:06,717
There is a lot of fear.
There is a lot of anger.

37
00:02:06,800 --> 00:02:11,077
How do you explain that? Is it simply
the speed of change? Well, it's too much

38
00:02:11,160 --> 00:02:13,837
fear. >> Now, let me
just focus on America. I

39
00:02:13,920 --> 00:02:16,797
think And by the way,
that is not a European origin.

40
00:02:16,880 --> 00:02:20,877
That is the Western wrong. And it is
an arguably bigger problem here. This is

41
00:02:20,960 --> 00:02:23,637
where I do think America
might have Like I think

42
00:02:23,720 --> 00:02:26,397
Okay, Europe has an obvious tech problem

43
00:02:26,480 --> 00:02:29,117
with political consequences that are

44
00:02:29,200 --> 00:02:31,677
really bad. America has a more of a

45
00:02:31,760 --> 00:02:35,077
political problem where left far left

46
00:02:35,160 --> 00:02:39,037
far right have just like

47
00:02:39,120 --> 00:02:42,637
They It's more hurt
the people are successful than

48
00:02:42,720 --> 00:02:46,837
any solution. And they're very serious
about that. And you know, the idea they

49
00:02:46,920 --> 00:02:50,597
couldn't win is not true,
unfortunately. Um

50
00:02:50,680 --> 00:02:53,397
the the the the the the central framing

51
00:02:53,480 --> 00:02:55,877
I'm skeptical of here with people So,

52
00:02:55,960 --> 00:02:58,277
people I agree with, probably you and

53
00:02:58,360 --> 00:03:01,597
definitely people in my tech world, um

54
00:03:01,680 --> 00:03:04,437
it's always like this is going to be a

55
00:03:04,520 --> 00:03:09,317
bastion of plethora of good
things that everyone's

56
00:03:09,400 --> 00:03:12,997
going to profit from and there
are no dangers. Not saying you

57
00:03:13,080 --> 00:03:17,637
say this, but but it is a commonly
held view. And that the tech people want

58
00:03:17,720 --> 00:03:22,197
everyone to like just stand up and say
that. And I think that is not credible.

59
00:03:22,280 --> 00:03:24,357
What But I what I think is actually just

60
00:03:24,440 --> 00:03:29,517
like the overselling of AI
in this country is really really um

61
00:03:29,600 --> 00:03:34,277
really somewhat disconcerting,
but it's also

62
00:03:34,360 --> 00:03:35,997
depressing because you don't have to do

63
00:03:36,080 --> 00:03:39,277
it. This is a natural resource

64
00:03:39,360 --> 00:03:43,277
that is net net excruciatingly valuable

65
00:03:43,360 --> 00:03:46,877
for the betterment
of humanity. But it does

66
00:03:46,960 --> 00:03:51,477
have some negative externalities. First of
all, we don't know where it's going to go.

67
00:03:51,560 --> 00:03:53,677
It's These things are not deployable

68
00:03:53,760 --> 00:03:55,637
without processing engines, application

69
00:03:55,720 --> 00:04:01,317
layers, ontology, etc. Um it
And the biggest problem in this country

70
00:04:01,400 --> 00:04:05,677
is it does it while it
will raise the standard of

71
00:04:05,760 --> 00:04:10,317
living of the average person, the people
involved are likely to get 10, 100 times

72
00:04:10,400 --> 00:04:12,597
wealthier than they already are.

73
00:04:12,680 --> 00:04:15,837
That's a problem for society. Like you
know the the way I try to explain it to

74
00:04:15,920 --> 00:04:19,957
my Silicon Valley colleagues
is Do you think that

75
00:04:20,040 --> 00:04:21,917
>> the wealth I mean if we go back to

76
00:04:22,000 --> 00:04:24,357
history then innovation

77
00:04:24,440 --> 00:04:27,917
and new technologies have always led to

78
00:04:28,000 --> 00:04:32,997
a growth, to prosperity, and to an
improvement of the standard of living of

79
00:04:33,080 --> 00:04:34,317
all people,

80
00:04:34,400 --> 00:04:37,557
particularly of the lower income income

81
00:04:37,640 --> 00:04:40,677
classes. That has started uh

82
00:04:40,760 --> 00:04:44,677
centuries ago. It was true when the wheel
was invented, it was true when the

83
00:04:44,760 --> 00:04:47,517
steam engine was invented, it was true

84
00:04:47,600 --> 00:04:48,757
when

85
00:04:48,840 --> 00:04:52,597
computers were invented. It has in the

86
00:04:52,680 --> 00:04:57,357
end, if we draw a line, contributed
to the well-being of people and it has

87
00:04:57,440 --> 00:04:59,557
improved the shape of society.

88
00:04:59,640 --> 00:05:03,757
Nevertheless, at the beginning
there's always the concern the

89
00:05:03,840 --> 00:05:07,637
steam engine is going to destroy
>> Well, let me just sorry.

90
00:05:07,720 --> 00:05:10,317
>> jobs and we are always afraid.

91
00:05:10,400 --> 00:05:13,877
>> So my point is do you think that it
is not different Let me give you a

92
00:05:13,960 --> 00:05:17,437
different first. Let me give you
a different the answer that I think sums

93
00:05:17,520 --> 00:05:20,917
up a lot of the problems.
in your Pan America. This is a new

94
00:05:21,000 --> 00:05:24,917
playbook. Like there
or there is no playbook. Like

95
00:05:25,000 --> 00:05:29,277
why am I doing so well? Because this
is a neuro diversion age and what the

96
00:05:29,360 --> 00:05:31,237
people had skills

97
00:05:31,320 --> 00:05:34,877
So So this is a different revolution.

98
00:05:34,960 --> 00:05:38,317
And even if that is true and let's
assume it is that everybody will do

99
00:05:38,400 --> 00:05:40,997
well. I think that's not I
think most people will do better.

100
00:05:41,080 --> 00:05:45,837
>> You You think that society is going
to divide into a very few with incredible

101
00:05:45,920 --> 00:05:47,357
>> I mean it is the mass that has nothing.

102
00:05:47,440 --> 00:05:48,797
No, no, no, I'm not I'm not saying that.

103
00:05:48,880 --> 00:05:51,917
Again, I think that's like that's kind
of there there it that's not what I'm

104
00:05:52,000 --> 00:05:54,997
saying. I'm saying most people
who are middle and middle

105
00:05:55,080 --> 00:05:56,717
and lower class will do better.

106
00:05:56,800 --> 00:05:59,957
Everybody people who are willing
to change their jobs are likely to do

107
00:06:00,040 --> 00:06:03,957
better, but not everyone.
But that's not the real political

108
00:06:04,040 --> 00:06:08,117
problem. We have a political problem
in this country, not a tech problem.

109
00:06:08,200 --> 00:06:10,757
In past revolutions,

110
00:06:10,840 --> 00:06:13,917
uh the person at the bottom maybe their

111
00:06:14,000 --> 00:06:18,197
salary doubled and the
person at the top became

112
00:06:18,280 --> 00:06:23,757
five times wealthier, but like it was very
unusual to be a billionaire 40 years ago,

113
00:06:23,840 --> 00:06:28,717
right? You now have a revolution where,
you know, I could become 20 times

114
00:06:28,800 --> 00:06:32,557
wealthier than I am now.
And the person who is working out here

115
00:06:32,640 --> 00:06:35,877
could become, you know,
they could have their salary

116
00:06:35,960 --> 00:06:39,557
could go over certainly could go up
significantly by any normal standard

117
00:06:39,640 --> 00:06:42,037
over a period of 10 years,

118
00:06:42,120 --> 00:06:44,517
go up 50% or double, okay?

119
00:06:44,600 --> 00:06:47,077
It when you have a complete decoupling

120
00:06:47,160 --> 00:06:50,357
of like unimaginable wealth

121
00:06:50,440 --> 00:06:54,957
and normal and that unimaginable wealth
and then this is where we're not really

122
00:06:55,040 --> 00:06:57,197
allowed to say this, but it's done by

123
00:06:57,280 --> 00:06:59,597
people that you don't really relate to.

124
00:06:59,680 --> 00:07:04,637
Like these are like very
oddly shaped IQ specimens

125
00:07:04,720 --> 00:07:07,797
that, you know, you probably wouldn't
want to have over for dinner. If they

126
00:07:07,880 --> 00:07:10,317
were over for dinner, you have
nothing to talk to them about.

127
00:07:10,400 --> 00:07:12,637
And by the way, vice versa.

128
00:07:12,720 --> 00:07:18,237
And you know, and then our whole fabric
is not like I got screamed at for like

129
00:07:18,320 --> 00:07:20,837
first of all, it wasn't a draft.
It was like we should have some kind of

130
00:07:20,920 --> 00:07:24,917
service. By the way, by that I meant
hospital, taking care of old people.

131
00:07:25,000 --> 00:07:27,877
Our our fabric of our society
is already strained.

132
00:07:27,960 --> 00:07:31,877
Wealthy people, it's not like in the '50s
and '60s where people actually knew

133
00:07:31,960 --> 00:07:33,477
each other, went to the same schools.

134
00:07:33,560 --> 00:07:37,957
We're already totally separate
societies, right? It basically is. I

135
00:07:38,040 --> 00:07:41,037
mean, it's inflammatory, but we
already live in a separate but non-equal

136
00:07:41,120 --> 00:07:43,917
society. And then, you hyper-charge it

137
00:07:44,000 --> 00:07:47,477
with like extreme economic wealth.

138
00:07:47,560 --> 00:07:50,917
Like like ex- egregiously extreme, while

139
00:07:51,000 --> 00:07:55,157
everybody else is kind of growing.
And even if it's not true,

140
00:07:55,240 --> 00:07:59,197
people are afraid, even if it is true
that most people are raised, the actual

141
00:07:59,280 --> 00:08:03,077
fear people have is "I'm
going to lose my job." Now,

142
00:08:03,160 --> 00:08:05,717
that fear, even if it's not true,

143
00:08:05,800 --> 00:08:08,757
the people running the lab companies,

144
00:08:08,840 --> 00:08:11,357
who are the leaders, told you it's true.

145
00:08:11,440 --> 00:08:15,357
They're telling you your life is going
to suck. And they're also getting very

146
00:08:15,440 --> 00:08:17,797
wealthy, and you don't
find them very likable.

147
00:08:17,880 --> 00:08:21,117
>> And people who used
to be on the winning

148
00:08:21,200 --> 00:08:24,757
side of history are now suddenly very

149
00:08:24,840 --> 00:08:28,277
much afraid that they would lose their
job. I traveled to the Silicon Valley

150
00:08:28,360 --> 00:08:33,277
three times over the last few
weeks, and the the level of

151
00:08:33,360 --> 00:08:36,437
nervousness is really surprising.
A lot of people

152
00:08:36,520 --> 00:08:38,877
think we have only 6 months until our

153
00:08:38,960 --> 00:08:41,637
jobs are going to be gone, and that is

154
00:08:41,720 --> 00:08:44,037
the tech community, that is developers.

155
00:08:44,120 --> 00:08:48,277
And they they work day and night
in order to reinvent themselves, because

156
00:08:48,360 --> 00:08:51,957
they are afraid that in a few months
>> And and again, >> no income.

157
00:08:52,040 --> 00:08:56,517
>> And and and and the political version
that scares me a lot, and I do think

158
00:08:56,600 --> 00:08:59,717
said I'm yelling at everyone
in Silicon Valley in private and

159
00:08:59,800 --> 00:09:03,997
on public, I've been a Democrat, despite
what you may be reading about me, most

160
00:09:04,080 --> 00:09:08,437
of my life. I'm still a '70s
progressive, which is actually a real

161
00:09:08,520 --> 00:09:12,437
progressive, meaning I want to help the
poor, I just don't want to burn the rich.

162
00:09:12,520 --> 00:09:16,437
The the Silicon Valley line basically is

163
00:09:16,520 --> 00:09:18,877
"Don't believe your lying eyes." Okay?

164
00:09:18,960 --> 00:09:21,877
This doesn't work politically. And by
the way, it's the same problem Germany

165
00:09:21,960 --> 00:09:24,117
and Europe have about all these issues.

166
00:09:24,200 --> 00:09:26,877
And if you if you tell people don't
believe your lying eyes, you know what

167
00:09:26,960 --> 00:09:31,037
they do? They protest vote.
That's what happens. And they protest

168
00:09:31,120 --> 00:09:35,037
vote, cuz what they're really saying
is "You are telling me not to believe

169
00:09:35,120 --> 00:09:39,077
everything I know." And by the way,
also, just overarching in Europe and in

170
00:09:39,160 --> 00:09:44,437
America, the political class has low
legitimacy. So, what you know, what your

171
00:09:44,520 --> 00:09:47,437
version of reality is,
they're always lying to me.

172
00:09:47,520 --> 00:09:50,677
I don't know why they're lying.
That's hard to figure out, but you people

173
00:09:50,760 --> 00:09:52,677
believe they're always lying to me.

174
00:09:52,760 --> 00:09:56,717
And again, to just overly
tie this in to annoyingly,

175
00:09:56,800 --> 00:09:58,517
why I'll give you a different version.

176
00:09:58,600 --> 00:10:02,437
Why is Palantir the most popular brand
in the world? People always frame as the

177
00:10:02,520 --> 00:10:06,157
most unpopular. We have For every time
you reach someone, we have 100 times of

178
00:10:06,240 --> 00:10:09,077
I'll tell you why we're the most popular
brand in the world, and that's why they

179
00:10:09,160 --> 00:10:13,557
attack us often. We're the most popular
brand in the world cuz I might be crazy.

180
00:10:13,640 --> 00:10:16,717
I am saying things you don't want to hear,
like the West is superior, we need

181
00:10:16,800 --> 00:10:20,877
national service, which means helping
out old people, it doesn't mean no uh

182
00:10:20,960 --> 00:10:24,997
industry should be fully aligned
with the country. Uh we have to fight for

183
00:10:25,080 --> 00:10:26,717
these things. We have real adversaries.

184
00:10:26,800 --> 00:10:28,637
If we're not competent, we'll lose.

185
00:10:28,720 --> 00:10:31,997
These things are technologies are
not perfect, and you have to listen to

186
00:10:32,080 --> 00:10:35,957
annoying people. And by the way, you
can't blame everything on a country you

187
00:10:36,040 --> 00:10:38,837
hate, whatever. Okay. And you know why

188
00:10:38,920 --> 00:10:43,357
we're so popular? Because everybody else
is telling you they're only trying to

189
00:10:43,440 --> 00:10:47,957
figure out what you want to hear so they
can That's the Feld version. And that's

190
00:10:48,040 --> 00:10:51,357
why when you when politicians in this
country or anywhere else say, "Hey,

191
00:10:51,440 --> 00:10:55,037
don't believe your lying eyes on
migration. Don't believe your lying eyes

192
00:10:55,120 --> 00:10:58,517
on nuclear. Don't believe your lying
eyes on AI." They get up and they vote

193
00:10:58,600 --> 00:11:00,797
for people who are like, "Screw these
people. I'm going to burn down my

194
00:11:00,880 --> 00:11:03,440
house." What
