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Noah Smith and Erik Torenberg are joined by Adam Nash to discuss the economic implications of AI, the recent tech downturn, and why the venture model has been so successful across multiple tech booms.
Noah Smith and Erik Torenberg are joined by Adam Nash to discuss the economic implications of AI, the recent tech downturn, and why the venture model has been so successful across multiple tech booms. Daffy is offering Econ 102 listeners, a free $25 for the charity of their choice when they join Daffy. https://www.daffy.org/econ102
Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co
About guest Adam Nash
Adam Nash is the co-founder & CEO of Daffy.org, a community and platform for charitable giving. Adam is a seasoned executive, investor, and advisor. Adam currently sits on the Board of Directors for Acorns and Shift Technologies. Adam also teaches the "Personal Finance for Engineers" course at Stanford and he was previously the president and CEO at Wealthfront.
TIMESTAMPS:
(00:00) Episode Preview
(02:00) Why AI may stop nerds from ruling the world
(06:25) Are “Skilled” and “Unskilled” the correct labels in this debate?
(10:00) Who benefits from a growth mindset?
(13:00) Coding example
(14:25) Highly skilled tech workers get a boost
(17:20) Substitutability versus overall boost
(20:55) Sponsor: NetSuite
(23:45) AI as a productivity tool
(25:30) AI ethics and safety
(28:50) Adam Nash’s journey into fintech
(30:55) How Americans think about giving
(33:30) Macro: What does the current Tech downturn mean?
(35:00) People looking for a quick snapback and boom will be disappointed
(37:00) How will AI revolutionize distribution?
(39:50) Smartphones and depression
(43:45) Why the VC model has been so successful across multiple technology booms.
LINKS:
Is It time for Revenge of the Normies? https://www.noahpinion.blog/p/is-it-time-for-the-revenge-of-the
Interview: Jean Twenge, Psychologist https://www.noahpinion.blog/p/interview-jean-twenge-psychologist
Join Daffy https://www.daffy.org/econ102
X / TWITTER:
@adamnash
@noahpinion (Noah)
@eriktorenberg (Erik)
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