In short
```markdown Moonshots with Peter Diamandis
Episode #39
Should We Be Fearful of Artificial Intelligence? The AI Panel
Podcast Overview The "Moonshots" podcast hosted by Peter Diamandis explores the future of technology and its impact on humanity. In this episode, Peter is joined by three prominent figures in the AI space: Emad Mostaque (Founder & CEO of Stability AI), Alexandr Wang (Founder & CEO of Scale AI), and Andrew Ng (Founder of DeepLearning.AI). The discussion centers around the transformative potential of AI and addresses concerns regarding its implications for society.
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Key Learnings and Highlights
- Educational Adaptation to New Technologies (03:39)
- The rapid pace of technological advancement poses challenges in education and reskilling.
- Online education platforms like Coursera are cited as crucial tools for upskilling the workforce.
- The need for governments and corporations to collaborate in facilitating education on new technologies.
- Industries Resistant to AI Disruption (15:22)
- Discussion on whether there are industries that AI will never disrupt.
- Andrew Ng mentions that physical industries (construction, mining) are less likely to be disrupted by AI compared to digital sectors.
- The panel discusses how certain human-centric jobs may resist automation for a longer period.
- Wealth Creation in the Age of AI (28:27)
- The potential for AI to lead to unprecedented wealth creation, with the possibility of the first trillionaire emerging from AI innovations.
- The conversation touches on the societal implications of wealth distribution and the need for equitable access to technology.
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Panelist Insights
- Emad Mostaque: Stresses the importance of transparency and governance in AI development, noting that while AI can create value, it can also pose existential risks.
- Alexandr Wang: Emphasizes the speed of AI evolution and the need for practical applications in industries that can drive significant change.
- Andrew Ng: Focuses on the necessity of creating user-friendly AI tools to make technology accessible to a broader audience.
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Important Questions Addressed
- How Do We Educate on New Technologies?
- Emphasis on the role of digital education and the necessity of adapting educational systems to incorporate AI literacy.
- Is There Any Industry That AI Will Never Disrupt?
- The consensus is that while some industries may be slower to adapt, AI's reach will ultimately extend into nearly all sectors.
- Will the First Trillionaire Be Born from AI?
- The panel agrees that the rapid advancement of AI technologies positions it as a leading candidate for significant wealth generation.
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Ethical Considerations
- Panelists discuss the ethical implications of AI, highlighting the need for responsible AI deployment and regulation to prevent misuse.
- The importance of transparency in AI systems to ensure they are developed and used ethically.
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Conclusion This episode of "Moonshots" provides valuable insights into the transformative power of AI, the challenges it presents, and the ethical considerations that arise with its rapid growth. The discussion encourages listeners to engage in conversations about AI's future and its societal impacts, underscoring the importance of education and collaboration in navigating this technological revolution.
Connect with Peter Diamandis
- [Twitter](https://x.com/PeterDiamandis)
- [Instagram](https://www.instagram.com/peterdiamandis/)
- [YouTube](https://www.youtube.com/c/PeterDiamandis)
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Additional Resources
- [Stability AI](https://stability.ai)
- [Scale AI](https://scale.com)
- [DeepLearning.AI](https://www.deeplearning.ai)
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Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00We're all gonna have some version of Jarvis, right? An AI that is in your ear, on your body, and so forth. Frankly, even if someone in AI, I feel like, man, it's tiring. There's so much going on. Physical things in the real world are much further from being disrupted by AI. And it's gonna create wealth faster than anything we've ever seen. [♪ OUTRO MUSIC PLAYING [♪
0:25The beauty of AI is that it can analyze information faster than any person. We're just literally starting to explore these. All of us are engaged with governments. We're trying to help them. It's a bit difficult when they're just catching up to the internet right now. Now it's got to the point where this technology could be potentially dangerous. So not everything needs to be open, but we do need to be transparent and careful when stuff gets out of our control. After I've met, I'm not letting Chaggit be tell me where to invest at this moment. In school, a lot of kids have been cheating and they've been using Chaggit to write essays and book reviews and do their math.
0:57Cheating implies as a contest. School should not be a contest. You will never not be without the say -i as you grow up. My question is about content creation especially in music. You will have perfect music models by the end of the year. We believe this technology could be existential and we will treat it as such. One of the greatest drivers for peace on the planet is making sure every mother has their children with the best help and the best education. A more peaceful world for us is a world where you uplift everybody, which is what this technology has to do to deal.
1:31Everybody, this year at abundance 360, given the meteoric rise of AI, I decided to put together an entire day on AI with three of the most extraordinary thinkers. You've met one of them, Eamod Musdak, the chairman, founder, CEO of Stability AI. I also brought to the conversation Alexander Wang, who's the founder and CEO of Scale AI. It's a big data machine learning platform that accelerates the development of AI. He founded it when he was at MIT at age 19 as a student, dropped out after the first year to become the youngest self -made billionaire ever. I also brought Andrew Eng, the managing partner at AI Fund.
2:12He's co -founder and chairman of Cousera, the founder of Google Brain, I love the name of that. And one of times 100 most influential people between Emoid, Alexander, and Andrew, you can get an overview of this field, how fast is it moving, how disruptive is it? Is it something you should be excited about or fearful of? My massive transformative purpose is to inspire and guide entrepreneurs to create a hopeful, compelling and abundant future in humanity. And that's what I'm doing with this podcast, to open up every relationship, every conversation I have with you, to inspire you, to support you in going big, in helping uplift humanity.
2:57If that's of interest to you, please subscribe to this podcast, allow me to share with you the wisdom that I'm learning for the most incredible moonshot entrepreneurs on the planet. Let's jump into this episode. It's a conversation that everyone needs to be having in your company, in your family and Definitely at the heads of every nation Enjoy Thanks Peter and thanks to our amazing guests here today We've been talking about this actually for years when we look at the rapid acceleration of AI and This this disruption that's kind of happening very very quickly from this point forward and And when we look at industries and workers and whether they're getting the understanding, the knowledge and the rescilling that needs to happen to approach this current world, in what ways do you see or do you believe we can do that faster and work with governments and larger corporations and education systems to help enable this.
4:06Because we're all talking about positivity and abundance. I think we're very privileged in this room. The question is for the rest of the world, what are we doing? And in what ways are you involved as leader? By the way, we've got 40 minutes here, so lots of great questions. We asked who wants to take that on. You know, so is very important points. I think the world is changing so fast. It's difficult for a lot of people to just keep up with what I don't know if it's going on. Frankly, even as someone in AI, I feel like, man, it's tiring. There's so much going on. So I think maybe one of the things I'm doing years ago, I started co -founded Coursera, which to this day offers all of courses, often works with governments to train up different people.
4:46I think that one nice thing is with online education, with digital education, we can speed up the rate at which we hope people figure out, learn the new technologies and figure out what to do with it as well. And I think Meteor also has huge important roles to play. And eventually, I would love if we can build tools. Like, if you look at Google, the UI is really simple. The backend is insanely complicated. It's just type what you want. You get answers. So I hope that AI tools can evolve to the point where, you know, you could just use it without nearly as deeper education needed. And I think a lot of the generative AI tools are hidden at the same time.
5:22Yeah, I think it's super natural. I mean, that's why super space natural. like Chatchy PT was so successful because you just type and it just came. Stable diffusion, just type and then have images, right? And so I think making these things more and more usable as led to the explosion because it kind of comes from the natural language understanding of humanity itself. It's trained on these large corpses of an entire media set. I think on the policy side, I think all of us are engaged with governments. We're trying to help them. It's a bit difficult when they're just catching up to the internet right now.
5:54But by the way, the most linear organizations on the planet, right, if not sub -linear. They are. And again, the typical approach to this is where we get minimax, you know, like stop it, ban it. But it's inevitable now. And again, it's kind of a global phenomenon. One of the problems as well is that, you know, you've had an acceleration but you haven't had a maturation. So there's lots of excitement. How much implementation is there now? There's going to be a bit of a pause because it has to be in the current wave, even as research keeps going and you go into engineering and application and so I think we're not sure exactly where things are.
6:26I think Andrew talked a bit about where the value ladders on the stack and again we are all kind of at different areas of this stack so we ourselves haven't figured this out and we're doing our best with the community to try and do that to communicate the policy makers and make education courses and others accessible. Michael, good to see you. You're next pal. So this is probably a question more to M .I. but anybody's perspective is welcome. I am done lots of programming and usually like to think about abstractions or concepts. You have a concept, let's say, draw a bullet and fit for some purpose.
7:01That's what it can do that thing. Now with AI, we are using English language, we are using Chrome, so definition of what you are asking for is a lot more vague. So when it's vague, it may have edge problems. You have to clarify things a lot more. And so my question is, do you still see a value in having well -defined structural uniquely named things which you can compose for well -undiced to the result? Or do you think we'll diverge more to everything is a bit fuzzy, everybody just provides a lot more text And it just somehow the system figured out for you. Well, I think a section of question.
7:45I think a lot of the applications right now have been very surface level without the contextual awareness of like, you know, Game of Thrones in South Korea or something like that. Amazon had this thing where they had the six page memos, right, rather than presentations. But another thing they used to do was write the press release beforehand. And so if you write the actual overview of the program in the comments now for kind of co -pilot and things like that or a GPT -4, it will write the program based on the comments. You know, so again, I think this is a failure for us to understand prompting and some of these other things.
8:16There's something that Andrew and I have been talking about. You know, again, it's gone so fast we've got the surface level. We have to explore. Another way to think about this is like game consoles. When the Wii first came out, games were a bit crap. By the end it was fantastic. like we're just literally starting to explore these. So it's simple words now and then we'll compose and build structures around it to get the most out of these weird thingies. Everybody, I want to take a quick break from our episode. Tell you about a health product that I love and that I use every day. In fact, I use it twice a day.
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10:11I am in healthcare and I love the idea of healthcare and longevity I maybe you're only practicing physician here I have the idea of joining this group because as a practicing urologist we are getting humbled and as Peter and AI and at HealthFan go on, most urologists are going to see people who are older. I think all you guys are going to be a patient of either me or my colleagues here soon. The point I'm making here is that there is an overflow of patients and weas clinicians are getting bombarded and the question is, in light of workflow shortages with our staff and the incoming number of patients, how to use AI most efficiently in terms of point of care for patients getting into our offices, as well as having AI be part of the evaluation process because as many people may know, 90 % of the time we see the same 10 conditions.
11:12So the question to the panelists is number one, how would you advise a physician or healthcare provider to set this up and do you think that this is something that is easily attainable? I liked Alex's thought about starting small and then the second question is, if you were to do it, is it the sort of thing that would prevent, I mean, is there anything in there to prevent others from doing the exact same thing so that if you are spending a lot of time and money into this that nobody else just kind of scoops it from you? Thank you for taking my question. I'll just say real quick, if you have a concrete idea for what you like to do in neurology, let me know.
11:54I think teams could help, maybe my team could help execute that. One example, something AI funded, we were a fantastic founder, Alison Darcy, and now, different CEO, Michael Evans, support building up WorldBought, which is a digital mental healthcare chat bot. You could actually installed on your phone that from the data published understand that seems to be able to take effect relatively quickly in terms of treating symptoms of, for users of symptoms of anxiety and depression. So I think that there are actually lots of opportunities to apply AI in interesting ways to healthcare. But figure out those concrete use cases that allows us or others to execute on it.
12:33Yeah, I'll say two more things, which is that I think the first is that getting to market first is actually an advantage. You know, certainly other people can copy the idea, but I think, you know, this is one of the things that's well studied in business, but there's going to be a mode from whoever is able to establish the use case first and then able to use that pull position to get more and more data into the system. So let's say you built, you know, the best possible system for identifying some sort of, some sort of disease or condition using AI, then you're going to just by launching that service get far more data than anyone else and race ahead of where anyone else could possibly be.
13:12So the currency of the realm of AI really is data. And if you have a niche dataset or a unique dataset, that's going to give you an initial advantage. And if you're able to build a strategy, continue and ask more and more data, that'll keep you ahead. We're going to go next to John here at Mike too. Let me remind you please look at the questions in the slide. I'll vote them if you're here in the audience or on Zoom. We'll be pulling them. John, please. What's your question? And keep the question short if you could. Sure. So I'm a medium to small business owner. I'm a physician. I own a diagnostic laboratory.
13:47So I hear a lot of buzzwords. You need to implement AI. You need to create, you know, you need to put your dad on a balance sheet. That sounds awesome. But my initial question is how do you get started going down that road of, you know, we have a ton of data, but how do you put it in a package that you can actually monetize it, put it on a balance sheet? So, what are the process of just going about doing something like that? And then number two, implementing AI is something that I think is a very concrete, like like a case point for our company is digitizing pathology and allowing an AI over engine to help pre -diagnose or triage cases or whatnot.
14:28How do you go about implementing something like that in a company that's my size by either pairing with someone else or do you try to bring a team in to develop it? So what kind of playbook just to get you off the ground and move your company? I think you're moving that. Yeah, so we have tools. You're a scale .com. We have data set management tools that you can upload all of your data and basically build that into a data set. That's step one is to get all of it into one tool, build up an entire data set, and then you can do a bunch of things with that. You can label and annotate the data, turn into a data set that you can train a new model on top of.
15:00You can bring in a host of companies, we could be one of them, or there's a bunch of other vendors out there that can take that data and turn it into a customized model for you, and then launch it and figure out how much impact can you possibly have. And you find out who that data is viable to. Ultimately. We're going to go to Slido. There's a great question here. I'm going to send to you, Imad. It says here, is there any commercial activity which AI will never be able to disrupt? What will be the factors to understand that? I mean, it's an interesting question, right? It's like the question asked of Bezos.
15:35What would change? There's nothing that will never be able to disrupt it because you'll have autonomous robot agents that basically has a glater runner, right, in strungable from humans. So I can't see any commercial activity, you cannot disrupt. Do you guys agree? Alex, go ahead and go with you. You know, I think at least in the short term, and who know, this stuff could all change. But in the short term, physical things in the real world are much further from being disrupted by AI. So anything that we have to interact with or do something physical in the real world, robotics is relatively behind a lot of the pure digital, pure online AI systems.
16:21So I don't know if the word is never, but at least for a long time, we won't have an AI robot that can do construction or that can do mining or some of these things that are very interesting. I go into the I go into E -Mod's category here, but that's my opinion you guys are actually Andrew. My friends and I, some of my AI tech friends, I used to challenge each other, name an industry that AI will not be the disrupts, we challenge each other to name that, and I had a hard time coming with them until one day I thought, all right, maybe hair dressing in this tree, you know, hair dressing. Hair dressing.
16:58I think that's easy. here. And I used to say this on stage until one day, one of my friends, who's a robotics professor, she was in the audience when I said that on stage. And after she stood up, she pointed at my head, and she said, Andrew, for most people's hair cells, I don't know how to put a robot to cut a hair like that, but your hair's size is so good, we're all going to do that. Oh, that's great. All right, we're going to go to Kiran and Mike for. Do you think with the large language models like GPPT will they ever be able to explain why they generated what they generated? So right now you can ask the models to explain why it said what it did.
17:40It's not clear if those answers are actually correlated at all with the actual reason why they aren't, probably, correlated with why they actually said that. And so there's sort of, you know, humans of this bug, which is that we will do things. And then if somebody asks us to explain why we did the thing, we'll come up with some post -hoc rationalization that oftentimes is not literally the reason why we did a certain thing. Usually it's, you know, there's the analogy of the elephant and the elephant rider, which is that our emotional brain is an elephant and our rational brain is this rider of the elephant that just sort of is trying to explain what the elephant's doing.
18:15So I think the large language models are similar, which are that they're going to go through process by which they make a decision or they say something and then you can ask it to explain and it will come up with something on the spot to try to explain it. You know, there's something that a modern I work just talking about is like how do you get greater levels of interpretability, how do you, how do we do research in the direction of like actually truly understanding where it's coming from, but that's all active research. Nice. Jacelle, you're the next contestant, good to see you.
18:42So given what has happened to social media, I actually rated the way I feel about AI I scared chitlas. Because you guys, you are the leading edge of this, and this is your space. Is anybody doing anything to build parameters around this technology so that what you were saying you met about someone calling you and your mother's voice and selling you stock? That is, we already live in a world where we don't know what truth is, how are we going to fight this? Well, I think you see information curation going through social networks. I mean, this is the Twitter verified, it's Apple Identity, it's kind of a bunch of other things.
19:32We bank content authenticity .org, which is a diabetes thing around visual media, but we do need to have centralized repositories of trust, because the cost of information becomes comes zero and creation becomes zero. And unfortunately, there is nothing that can really regulate this output, like there are laws in various countries that you must identify. Our output was stable diffusion, there's an invisible walkmarked of things, but it's become so accessible that we need to have standards quicker than the system is adapting. So this is why I think information distribution systems need to standardize around this right now, which is something we're pushing a lot.
20:07Yeah, I mean, there's a big question, can we even govern against any of this, right? All of this is bits. We live in a world of poorest borders, data flows. So, at Giselle, we're going to have a lot of these conversations around ethics and around implications. Guys, this is happening right now, right? This is this year, next year, not 10 years from now, five years from now. What gets played out, this is why we need to be paying such attention to it. Giselle, thank you. I'm sure we'll hear from you a bunch more times. Let's go to mic number three in the back there, and then I'll go to Zoom, and we'll go to our slides.
20:50My name is Hajime, running the AI startup in Japan Series D, now getting much closer to the Japanese government, and they're concerning about the disaster and resilience, because there's a huge risk on the earthquake, as well as the font -whosey erosions. So my question is, what could be the interesting, but the practical way to apply AI for those disaster recovery? So we actually worked on something in this direction for in the Ukraine conflict, which is obviously been this horrible thing to happen to a region in a country. And you're able to, one of the things that is really unfortunate in any sort of disaster situation is that seconds really matter.
21:37Every second spent that you aren't deploying resources to help resolve one of the people who are in a damaged structure or tackle a certain area is going to result in other lives lost or further damage of same infrastructure. So one of the things that you can do with a combination of satellite imagery plus drone imagery on in major cities or major areas that are being impacted is use AI to automatically identify damage on a building by a building level and a change in that damage in every area and use that to coordinate humanitarian response. So this could be applicable, you know, this is applicable in any sort of natural disaster, any sort of scenario where fast action really matters, the beauty of AI is that it can analyze information faster than any person.
22:24Yeah, we're doing a very stable diffusion for satellite imagery and time series data as well, and so that I'm sure we'll be using that toolkit. Yeah. Yeah. Amazing. All right. To our Zoom audience, we're going to you next, Nico. Nico, Drinek, where are you on the planet and what is your question? I'm Peter. I'm calling in from Austria, from Europe. Beautiful. I have a question regarding the profile of a GFI officer. So what's private? Profits should this AI officer have to fulfill this for best? should it be technical, should it be another profession, should it be a mix? Because it seems to me that combines a lot of traits that are found in and for the nursing CEOs anyway.
23:08So what else is needed? And I asked this specifically coming from a non -tech traditional background as long as I can. Great question. Let me prep us a second. What my advice as a first step for folks is I like the idea of get your team to experiment and so forth. But my, what's been working for me is finding somebody who knows the field out there understands who to partner with is advising as a strategic advisor to the CEO about the platforms and such as a chief AI officer in that regard. Do you guys agree with that idea and what would be your, you know, what do you think that person should have is background?
23:48So I think I might have been the one that coined the term chief AI officer. I stole it from you. No, but so actually years ago, actually wrote an article in hobby business review. I remember googling if a chief AI officer didn't really exist on the internet. So I actually wrote a piece in hobby business review with my specific recommendations to the chief AI officer profile. Maybe a person needs to be technical enough to understand the tech. And then also business oriented enough to work cross -functionally to figure out what are the valuable business use cases for your specific application. But I have like a multi -page article on HPR talking about.
24:23I mean, I would imagine the CEO or the store, the head of whatever division says, this is what I think is possible. This is what I need. The chief eye officer is sort of an interface to the world out there to bring in a scale, to bring in part of what EMAID, what you're building, is that sound like a reasonable role in a company? I think I'll have to be technical enough to make good judgments and also to make the bi -versus build decisions and often for many companies you should buy a lot and build a little bit. To make those decisions requires both the technical judgment as well as the ability to figure out, understand the business well enough to figure out the use case.
25:01You might, I can't tell if you're agreeing or disagreeing. No, I think so. I think that there's an implementation side of it like an applied engineer is a good thing. I think passion is kind of key. Yes. Because you have to throw yourself, otherwise there's no way you can keep up. Actually my suggestion would be that given this suggestion that you have, there should be an internal A360 repository around the ecosystem, the latest trans and others that can go to all the chief offices here. They can keep on doing that. All right, Steve, you heard it. You're in charge. Wonderful. Thank you. I hope Nico that answered your question.
25:39Let me go to slide on next and thank you. Great questions. Katie, I apologize. I didn't note your name earlier. What is the first step companies can take to evaluate the data they have? How can we get started extracting from the systems we have in place today? So I think the first thing to do right now, the new large models are quite capable of just sort of ingesting in existing data you have. And basically whatever format you have, in some cases it can be literally as simple as uploading a bunch of PDFs into the models and sort of extracting all the information from there. So, by the way, something you just said is very important, right?
Read the full transcript
26:26It's like you can almost upload anything It is text right your outlook files everything Well, yes, it soon images as well Yeah, I know image multi model text and images. Yes Yes, but one point of coverage turns out love enterprises have was called structured data Which means basically giant Excel spreadsheets so structured data You know models like chaggbt and so on are less directly well suited for but text and images is getting really good That's true. Yes. Right now, General Malz, still worse at Excel than many of us. But yeah, so these are the data formats. I would basically start the initial process, just catalog all this data that you would want to upload into an AI system and then reach out to one of us to help you.
27:14I'll help you put it into an AI system. I want to go to Christie's question on Slido here, and heading us towards you, Imad. If you had to put all of your money, your family's money, your friend's money into one of the technologies here or industries, which one would you put it into? I'm all about risk of estrogation. It's an incredibly hard thing to say. My thing is that like what I advise the young people is, as human advising young people don't go to university anymore, do PhDs. Yes, I'm going to self -independence. They don't get an MBA. Go work. The thing can get a GRE right already so I think you know for the inter -Andry's fund.
27:56I think it'll do well But there are very few kind of options here apart from you have to use it to Basically upskill yourself. This is the thing or upskill your community You're besting yourself and besting your company This is literally the case because this is such a disruptive massive game changer And there are no easy ways to do that other than like actually let spend money reasonably quickly to get up to speed on this technology because you will have an edge over everyone else. As I said, it's first to market. In the stock market itself, there are no real investable things here at the moment.
28:28Are we gonna see the first trillion errors in this area, most likely? Is this where the greatest wealth creation is gonna happen? Or are we gonna see that in Bitcoin first? Yeah, I think we see this. I think again, like Bitcoin had a GPU, and then it had an ASIC era, we're at the GPU era of this technology, but it's real, and we're gonna get to ASIC, so it's gonna be everywhere. And it's going to create wealth faster than anything we've ever seen. I call it the .ai bubble, actually, which is why I'm not joking. Like, you know, if you have funds that are focused on this, it's almost a rising tide wave lifts all boats.
29:00You know, even if you have the alpha side, that will come through. Like, our trillion dollars will go into this. Like, 20 billion went into delivery startups last year. I think probably of six billions gone into this sector to date. 100 billions gone into self -driving cars. A trillion went into 5G. Yeah, just amazing anything here that's investible. You go to far as I'm next I want to say about jumping in does it really res I think some people sometimes feel thing am I too late and and the answer is You're not you're actually very early still AI on you know Don't have zix financial sound very rapid growth But if you jump in now I think you look back a few years from now and people say well, you know that my buddy over there was really early jumping in It is because it's still growing so right?
29:43It's Bitcoin. It's literally six billions gonna go to 600 billion in the next few years, 100 times increased, right? This episode is brought to you by levels. One of the most important things that I do to try and maintain my peak vitality and longevity is to monitor my blood glucose. More importantly, the foods that I eat and how they peak the glucose levels in my blood. Now glucose is the fuel that powers your brain. It's really important. High, prolonged levels of glucose, which is called hyperglycemia, leads to everything from heart disease to Alzheimer's, to sexual dysfunction, to diabetes, and it's not good.
30:19The challenges, all of us are different. All of us respond to different foods in different ways. Like for me, if I eat bananas, it spikes my blood glucose. If I eat grapes, it doesn't. If I eat bread by itself, I get this prolonged spike in my blood glucose levels. But if I dip that bread in olive oil, it blunts it. And these are things that I've learned from wearing a continuous glucose monitor and using the levels app. So, levels is a company that helps you in analyzing what's going on in your body. It's continuous monitoring 24 -7. I wear it all the time. Really helps me to stay on top of the food I eat.
30:57I mean, conscious of the food that I eat. And to understand which foods affect me based upon my physiology and my genetics. You know, on this podcast, I only recommend products and services that I use that I use, not only for myself, my friends and my family that I think are high quality and safe and really impact a person's life. So check it out levels .link slash peter. Give you two additional months of membership and it's something that I think everyone should be doing. Eventually this stuff is going to be in your body, on your body, part of our future of medicine today. It's a product that I think I'm going to be using for the years ahead and hope you'll consider as well.
31:39I've been sitting here and really blown away with all the great technology I and and I'm in a business of Real estate, which is I'm not playing in that arena, but I'm here to find out what I need to do But what I'm when I'm actually brought me up to the How many folks are in real estate here raise your hand please? You can sense so you're not alone. Okay. Thank you But my main question is really comes back to the sort of what do we do with all these great things and how do we hack the world of peace around the world and how do we understand with the data that it's the need of what Russia, China, Iran, North Korea, what is their problem, what are their challenges, what are the stuff that they want to blow everything up and What is our problem and what how do we look at ourselves as a Citizen of the planet earth and how do we work with the geniuses we have in front of us To really be able to bring this thing because there's a lot of not cool things We're here around the world.
32:51All right. We got your question. How do we save humanity? That's an easy one, all right? Thank you. It's seriously. I mean I and I'm odd please dive in because this is something you care deeply about These are universal translators. Go to chat GPT, paste something, and say, write it from the perspective of a tea party conservative. It'll do that. And then you'll say, rewrite it from the perspective of a libertarian, and it'll do that. So you're going to have the ability very soon. We're all going to have some version of Jarvis, right? An AI that is in your ear, on your body, and so forth. And that AI will be able to tell you, are you being biased in this conversation?
33:25Because you can look at the conversation from other points of view. Right, I think one of the greatest drivers for peace on the planet is making sure every mother has their children with the best health and the best education. If you are educated, if you're healthy, if you have opportunity, you're not going to want to throw your life away. More peaceful world for us is a world in which you uplift everybody, which is what this technology has the ability to do. Thank you. I think there's one more thing as well. It comes to trust to the policy. When you have a disagreement with someone and you have someone trusted between you, then a lot of this stuff that can speak both your languages as it well understands both your context.
34:04So again, this is the hope now that we have this universal translator, not for language, but for stories, context and other things. We just got to build it right and make sure it's distributed as opposed to centralised and controlled with one specific world view. I'm going to ask a question. I jump in here. OpenAI's approach right now. And, you know, Elon tweeted the other day that, I guess, OpenAI dismissed or Microsoft dismissed their ethics committee or something like that. Is there a general sense in the community of concern around that, or is that not a valid concern? Thoughts. not tweeting this out.
34:48Well, I think one thing I'll just speak for everyone. I think we all have to admire what OpenAI has done. The work in large models has really been driven by OpenAI and kind of as I mentioned before, I shouldn't say that all of AI was on the wrong track, but certainly we were not as focused on large models and the incredible capabilities that we get from these large models if not for OpenAI. And I think so far they've been very responsible in their deployment of the technology. I think they've been very thoughtful. They've invested a lot into research to make sure that these models are deployed safely.
35:25And I think they have a very, you know, it's a hard thing for any organization to do to build such incredible capability that has never existed before and try to deploy it safely. Okay. Yeah. I feel like the easy answer would be to say, oh, we need to be super concerned about ethics and is all going south, or is all going poorly. I think we do need to be really concerned about ethics and responsible AI. And to be really pragmatic, I think what EMA released his model, which is fantastic, love what he did. I think that EMA had a lot of flack about how could you release this thing like that? But net net, I'm sure some models was used for negative use cases, but I think EMA created massively more value than harmful use cases.
36:06So I think that we should be very clear about the problems in the harm and do our best to mitigate that, and then also be clear that it's about the huge benefits, you know, that releasing these models and all the wealth and abundance as this also creates. And that tradeoff is a very tricky one. And I do see many highly ethical, well -meaning AI teams agonizing all of that. Yeah, I think I agree with kind of both, and you know, as Ag's under set, amazing technology, and it's been really a breakthrough that allows now humans to scale, and they've been at the core of it. Like, I have disagreements with every now and then.
36:37My core one is just a case of now it's got to the point where this technology could be potentially dangerous. Like, as we scale more we don't know exactly how it works and so I'd love for them to be responsible to have more open. Transparent governance, transparent kind of procedural stuff and again really adhere to a very strong charter. They don't have to release their models. You can have proprietary models like I funded the beta of mid -journey and if you look at mid -journey version 5 it's amazing. I said you never have to open source it because it's great for humanity to be creative, You know, so not everything needs to be open, but we do need to be transparent and careful when stuff gets out of our control in their own AI AGI the artificial general intelligence document they say we believe this technology could be existential and we will treat it as such We believe this technology I was surprised when I read that as well So in that case you should be transparent and you should be Really transparent about your governor's extra more than anyone similar to companies that can affect the environment Everybody at his Peter, a quick break from the episode.
37:39I'm a firm believer that science and technology and how entrepreneurs can change the world is the only real news out there worth consuming. I don't watch the crisis news network. I call CNN or Fox and hear every devastating piece of news on the planet. I spend my time training my neural net the way I see the world by looking at the incredible breakthroughs in science and technology. How entrepreneurs are solving the world's grand challenges? What the breakthroughs are in longevity? How exponential technologies are transforming our world? So twice a week I put out a blog. One blog is looking at the future of longevity, age reversal, biotech, increasing your health span.
38:23The other blog looks at exponential technologies, AI. 3D printing, synthetic biology, AR, VR, blockchain. and these technologies are transforming what you as an entrepreneur can do. If this is the kind of you you want to learn about and shape your neural nets with go to demandus .com, backslashblog, and learn more. Now back to the episode. Alright, we're going to go to Zoom next. Charles, where are you on the planet and what is your question? So I'm in Palm Beach, Florida. I welcome all of you to come down and visit most of us from New York. I've already left the city and we're re -establishing ourselves here.
38:59This is going to be very specific because Andrew US is to be specific. So this is actually addressed to you and perhaps to Peter as well if he wants to chime in. But how do you use AI or chat GPT to recommend an investment for your venture fund? You have a lot of inputs, a lot of variables in my business of investing. There are too many variables to do it. So if this is a thumbs up, thumbs down, are we going to invest in this company? How do you do it using AI? Thank you. Great question. So I think Chagyubi is amazing. I play of it, building multiple businesses using it. After I've met, I'm not letting Chagyubi to tell me where to invest at this moment.
39:38Maybe it gets much smarter. I won't mind, maybe it will replace me in our retirement, not yet there. Maybe the reality is making an investment decision, or a decision to build a business is so complex and so multifaceted. I don't know where the mechanisms that even digitize all of that data right now. And even if we had the ability to digitize all that data, I think that while very exciting progress is being made to improve the reasoning capabilities of large language models, I think it'll still take a while to get through the very complex multi -step reasoning that I think investors are using to make decisions.
40:12By the way, I remember one of the founders of Google Ventures, who is a friend that he's not there anymore, told me that Google Ventures actually had built algorithms for making decisions on who they invest, based upon where the company was based, what year is established and a whole bunch of other parameters. I don't think they're doing that anymore but it's an interesting idea. But with that, let me go to my do who's going to have a brilliant question for us. I do. All right. Speaking of positive use cases, I'm going to play out a scenario and I want to hear from all three of you if that's possible.
40:39I'm a large health system. I've done the sick care for all of our existence. And I'm trying to build a chatbot that supports our nursing staff or our triaging staff. And I have all this proprietary data. The specific question is, what foundation models should we start with? If my team is working on this project, what foundation models should we start with? You might, you want to start? Yeah, you'll be able to use stable LM and stable chat soon. Right now, probably it's going to be GPT Neo, JNX on that side of things. That would be the open models that you can use inside your cloud or on -prem for the proprietary ones.
41:20I'm not sure, So like, Claude is Claude available yet? Probably available. So basically the next generation of language models aren't coming via APIs just yet. So right now the people that we know in the healthcare industry they use GPD NeoX and T5 precisely. But there's no real services around it again. We're still in the research to engineering phase, but in the next couple of months you'll have services that enable you to do this far more seamlessly than before, including the Microsoft GPT -4 chat service as well that you can find to you, NON. Lama as well, I'd mention Lama although it's non -connorsial, that's a problem.
41:57Right. But internal, regardless, I think one thing that's critical that Amad is sort of implicitly mentioning is that on health data you're very likely going to need a model that you can control and own because there's a lot of PHI and PII that's going to go into these models. So because of that, I think these sort of offerings where you have to give data to another service or probably not workable. So I think you probably need to take one of these open source models of which a mod named a bunch. Lama's a new one from Meta and a host of others and train them up. While choosing the right LAM language model is important, I feel like a lot of what I think is an AI fund would recommend to different companies what language model to start building on top of, so these trade -offs with the model sizes and costs.
42:45And do you want to find to, you know, do you do prompting, or do you consider all these things? But I feel like the language model is important, but my mind is also going to allow the decisions you need to make after choosing a language model and the processes to execute those well. All right, we're going to go to my deputy son over there. Hi, Bear. What's your question, buddy? So I have a kid, so I still go to school. And in school, a lot of kids have been cheating or cheating and they've been using SHAT GPT to write essays and book reviews and do their math and I guess my question is how do you want to how do you think like schools should evolve to deal with that or do you think that it's really declared cheating if it's a tool that we're gonna be able to use later on.
43:36Brilliant question, let's give it up for bear here. Applause
43:45You know, to me that's a big question of transparency. It's a great question, thank you, but last night I feel like if you use chat GPT and you're willing to openly tell the teacher I'm using it and the teacher says you can use it, that's fully transparent, that doesn't feel like cheating. To me, the thing that is concerning is if students do it but the rules require or leads them to hide it and that type of I'm going to do it, but I can't tell you about it. That's what doesn't feel very good. And can't do these schools are struggling? The debate is people will be able to use these tools in the future, so we trained them to use it.
44:15Or is it a crutch that will limit a person's growth? I have a controversial opinion. So I have a four -year -old daughter trying to teach her math. And because she's four years old, I could stop her from using her calculator. I just don't buy her calculator. So she's learning to add with her own brain. One of the challenges with child GPT is, you know, most students using it are in an age where parents and teachers don't have an ability really to easily stop as used and so it does concern me would be a crutch that stops people from doing certain things or because I love to I use calculators but I feel like maybe learning to act with other calculators is useful.
44:50So figure out what we need to do with CHIGV and educational system is something I see a lot of schools struggling with. I wish I had an answer. Yeah I've got to know so cheating The meeting implies a contest. School should not be a contest. Got it. I think those schools are basically child care systems, because they are status games. I think schools should embrace this technology. How can we impart knowledge into individuals? How can we impart critical systems? You will never not be without the say -i as you grow up. And yet for that, awesome. We have three minutes left. I'm going to do the following.
45:29I'm going to ask you to mention your questions very briefly. I would do a speed round. Karthik, what's your question in 20 seconds or less? Thanks, Peter. And, gentlemen, thank you so much for your brilliant insights. Quick short. What's your question? My question is about content creation, especially in music and arts. Okay, Ellen, what's your question? Very short. Privacy and AI in healthcare information. Okay, Ben, what's your question? Should my 15 -year -old continue taking Python and shooting go to college? Okay, so we've got privacy, we've got Zagan -Carthic. Creation of music and arts.
46:12Creation of music and arts. Okay, answer what you want. Yes, the Python, yes, the college. Yes, the Python, yes, the college. Creation of music and art. Music has had its, or has it stable diffusion moment, audio Alam and others, you will have perfect music models by the end of the year. Ellen's question again, privacy in terms of health care. I think it's a really big topic, privacy of data when it comes to AI systems. I think that this is going to be probably the biggest regulatory battle when it comes to AI is what data is allowed to be used to train these models and what are the sort of what consent you need to get over data and people's data to be able to train models on top of them.
46:54I think it's a really big societal topic that we're all going to wrestle with over the next few years and I encourage everyone to get involved if you have an opinion. I think also AI for healthcare has to be auditable and interpretable as a medical device typically so it's going to have to be based on open foundations for that particularly use case. Nice. All right, Harry and Babs, what are your last two questions here real quick? Chat GPT asks, what measures can be taken to counter the misuse of AI by countries like China? Okay, we're going to talk about China in our next session. So hold your question for that.
47:29Babs close us out. I was going to ask about the evil empire using our AI against us. We're talking about ethics and all that kind of stuff. They're not into ethics. We're going to be talking about ethics and empathy and US versus China in our very next session. I'm going to try and keep us on time. Let's give it up for these incredible individuals.
From the publisher
In this Ask Me Anything session during this year’s Abundance360 summit, Andrew, Emad, Alexandr, and Peter discuss how the world will change post-A.I explosion, including how to reinvent your business, your skills, and more.
You will learn about:
03:39 | How Do We Educate On New Technologies In Our Changing World?
15:22 | Is There Any Industry That AI Will Never Disrupt?
28:27 | Will The First Trillionaire Be Born From The Power Of AI?
Emad Mostaque is the Founder and CEO of Stability AI, the company behind Stable Diffusion. Alexandr Wang is the world’s youngest self-made billionaire at 24 and is the Founder and CEO of Scale AI. Andrew Ng is the Founder of DeepLearning.AI and the Founder & CEO of Landing AI.
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