
4 segments available
Full episode with Jack Dorsey (Apr 2020): https://www.youtube.com/watch?v=60KJz1BVTyU Clips channel (Lex Clips): https://www.youtube.com/lexclips Main channel (Lex Fridman): https://www.youtube.com/lexfridman (more links below) Podcast full episodes playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4 Podcasts clips playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOeciFP3CBCIEElOJeitOr41 Podcast website: https://lexfridman.com/ai Podcast on Apple Podcasts (iTunes): https://apple.co/2lwqZIr Podcast on Spotify: https://spoti.fi/2nEwCF8 Podcast RSS: https://lexfridman.com/category/ai/feed/ Jack Dorsey is the co-founder and CEO of Twitter and the founder and CEO of Square. Subscribe to this YouTube channel or connect on: - Twitter: https://twitter.com/lexfridman - LinkedIn: https://www.linkedin.com/in/lexfridman - Facebook: https://www.facebook.com/lexfridman - Instagram: https://www.instagram.com/lexfridman - Medium: https://medium.com/@lexfridman - Support on Patreon: https://www.patreon.com/lexfridman
Jack Dorsey discusses the implications of artificial intelligence on job displacement, referencing Andrew Yang's concerns about automation. He highlights the challenges faced by workers, particularly truck drivers and cashiers, as technology evolves. Dorsey emphasizes the need for solutions to help these individuals transition into new roles amidst the changing job landscape.
"what are your thoughts sticking on artificial intelligence a little bit about the displacement of jobs that's another perspective that candidates like Andrew yang talked about being getting forever ya..."
In this segment, Dorsey advocates for Universal Basic Income (UBI) as a necessary measure to support individuals during economic transitions caused by automation. He argues that a monthly income can provide a safety net, allowing people to focus on acquiring new skills and adapting to the evolving job market, rather than merely surviving day-to-day.
"he was a hundred percent right on almost every dimension we see this in in squares business I mean he identified truck drivers I'm from Missouri and he certainly pointed to the concern and the issue t..."
Dorsey reflects on the rapid pace of change brought about by AI and automation, comparing it to historical shifts during the industrial age. He points out the unique challenges posed by data centralization and algorithmic control, stressing the importance of addressing who owns data and how it is shared to ensure equitable access to AI's benefits.
"does lead to a lot of really negative ramifications and the important point that he brought up around universal basic income is given that this shift is going to come and given it's going to take time..."
In this concluding segment, Dorsey discusses the role of regulation in shaping the future of AI. He emphasizes the need for society to find better answers regarding data ownership and sharing, advocating for a more decentralized approach to prevent a few large companies from monopolizing AI's potential. Dorsey calls for experimentation with UBI and other solutions to adapt to the changing landscape.
"second biggest scary thing is just how around AI is just who actually owns the data and who can operate on it and are we able to share the insights from the data so that we can also build algorithms t..."