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In 2014, Peter Thiel gave a 1-hour masterclass on how to build a monopoly from scratch.
He broke down how:
• Google became untouchable
• PayPal beat the odds
• Facebook crushed competition
Here are 11 timeless lessons from his masterclass:
1. Create value, then capture it
He broke down how:
• Google became untouchable
• PayPal beat the odds
• Facebook crushed competition
Here are 11 timeless lessons from his masterclass:
1. Create value, then capture it
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Elon Musk reveals why you're already a cyborg
"Ultimately, I think this helps mitigate the civilizational risk of artificial intelligence"
"We already sort of have three layers of thinking: there's the limbic system, which is your instincts, your cortical system, which is your nd thinking, and then the tertiary layer, which is the computers and machines that you interact with, like your phone"
"So people actually are already a cyborg. And you can maybe have an intuitive sense for this by how much you miss your phone if you leave it behind. Leaving a phone behind, it’s almost like missing limb syndrome"
"I think it's actually very important for us to address that input/output bandwidth constraint in order for the collective will of humanity to match the will of artificial intelligence"
"Ultimately, I think this helps mitigate the civilizational risk of artificial intelligence"
"We already sort of have three layers of thinking: there's the limbic system, which is your instincts, your cortical system, which is your nd thinking, and then the tertiary layer, which is the computers and machines that you interact with, like your phone"
"So people actually are already a cyborg. And you can maybe have an intuitive sense for this by how much you miss your phone if you leave it behind. Leaving a phone behind, it’s almost like missing limb syndrome"
"I think it's actually very important for us to address that input/output bandwidth constraint in order for the collective will of humanity to match the will of artificial intelligence"
@levie Yup, even more so for bandwidth.
Bits per second of SI agents will exceed that of all humans by 1000X within a few years.
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Elon Musk predicts Blindsight will let people see in infrared, ultraviolet and radar, like Geordi La Forge in Star Trek
"Blindsight, which will enable those who have total loss of vision, including if they have lost their eyes or the optic nerve, or maybe have never seen or even able to see again"
"So you could be like Geordi La Forge in Star Trek. And you can see in radar, you can see in infrared, ultraviolet, superhuman capabilities, cybernetic enhancement, essentially"
"Initially low resolution, but ultimately very high resolution"
"This should help us understand a lot more about consciousness. What does it mean to be a conscious creature?"
"Blindsight, which will enable those who have total loss of vision, including if they have lost their eyes or the optic nerve, or maybe have never seen or even able to see again"
"So you could be like Geordi La Forge in Star Trek. And you can see in radar, you can see in infrared, ultraviolet, superhuman capabilities, cybernetic enhancement, essentially"
"Initially low resolution, but ultimately very high resolution"
"This should help us understand a lot more about consciousness. What does it mean to be a conscious creature?"
Our second product is called Blindsight and it will, as the name suggests, enable even those who are completely blind or have never seen to see.
It is ready from an engineering standpoint. Just waiting on regulatory approval.
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Elon Musk predicts Neuralink will let you mentally inhabit an Optimus robot
"You should be able to actually have full body control and sensors from an Optimus robot. So you could basically inhabit an Optimus robot"
"So you could basically mentally remote into an Optimus robot. he future’s going to be weird. But pretty cool"
"We think in the future we’ll be able to attach an Optimus arm or legs"
"That scene from Star Wars where Luke Skywalker gets his hand chopped off with a lightsaber, and he gets a robot hand"
"You should be able to actually have full body control and sensors from an Optimus robot. So you could basically inhabit an Optimus robot"
"So you could basically mentally remote into an Optimus robot. he future’s going to be weird. But pretty cool"
"We think in the future we’ll be able to attach an Optimus arm or legs"
"That scene from Star Wars where Luke Skywalker gets his hand chopped off with a lightsaber, and he gets a robot hand"
Hopefully, in a few years, we will be able to shunt signals from the motor and sensory areas of the brain to the limbs and enable people to use their hands and walk again
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Elon Musk says you can get a heart or kidney transplant, but not a brain transplant, because you are your brain
"You can get a heart transplant, you can get a kidney transplant, but I don't know anyone who’s gotten a brain transplant"
"So, you are your brain"
"It's funny to ight now is a bunch of neurons firing that then result in speech that you hear and cause neurons fire in your brain"
"Your experiences are these neurons firing, with trillions of synapses that somehow lead to conscious comprehension of the world"
"You can get a heart transplant, you can get a kidney transplant, but I don't know anyone who’s gotten a brain transplant"
"So, you are your brain"
"It's funny to ight now is a bunch of neurons firing that then result in speech that you hear and cause neurons fire in your brain"
"Your experiences are these neurons firing, with trillions of synapses that somehow lead to conscious comprehension of the world"
Neuralink’s first product is called Telepathy.
It enables high-speed communication with computers or humans simply by thinking. Output bandwidth will vastly exceed the fastest human speech or typing in a few years. Read that sentence again.
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Mark Cuban says AI will never replace doctors, and we shouldn’t even try
"I don't think ever that will replace doctors, and we shouldn’t even try"
"You can have a robot there say, ‘How do you feel, Mark?’ Right? And the Terminator might walk in and say, ‘Your time is up.’ I r have a human there with all five senses, being able to take a look and ask questions and see the crying mom or the crying son or child and be able to include that in the context"
"Where things might change dramatically, is how they’ll be trained in medical school"
"They won't be taught the exact same things"
"I don't think ever that will replace doctors, and we shouldn’t even try"
"You can have a robot there say, ‘How do you feel, Mark?’ Right? And the Terminator might walk in and say, ‘Your time is up.’ I r have a human there with all five senses, being able to take a look and ask questions and see the crying mom or the crying son or child and be able to include that in the context"
"Where things might change dramatically, is how they’ll be trained in medical school"
"They won't be taught the exact same things"
Mark Cuban reveals the AI prompt he says would make US healthcare costs "drop like a rock"
"I’m running my existing contract through AI, and I’m using a prompt that asks a single question. 'Where are they f**king me over? What should I do about it?'"
"And within 30 seconds, , bam, bam, bam, bam"
"If the employers representing 67%, the 160 million plus Americans, actually did one thing, ran their contracts through AI before they signed them and negotiated from that, the entire system for the big BUAs and big PBMs and all their subsidiaries would collapse"
"The cost of health care in this country would drop like a rock"
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Sam Altman says we'll have to put limits on how smart AI models are allowed to become, even if it slows down progress
"At least for a while, maybe for a long while, we are going to have to agree to some limits about how smart we let these single models get"
"But a lack of that decision. Not from the AI’s inability to do good research"
"What I don’t think anyone knows how to do yet, is to say: ‘Go discover a new architecture that is as big of a single leap forward as the transformer was.’ I think that's where things are heading"
"If you apply the same pipeline that we applied to get our models to be so good at math to AI research, it will probably work"
John Collison: "I could be an incredibly successful AI researcher now"
Sam Altman: "I don’t know about incredibly. But yeah, if you were looking for a new job, you can come do it"
"At least for a while, maybe for a long while, we are going to have to agree to some limits about how smart we let these single models get"
"But a lack of that decision. Not from the AI’s inability to do good research"
"What I don’t think anyone knows how to do yet, is to say: ‘Go discover a new architecture that is as big of a single leap forward as the transformer was.’ I think that's where things are heading"
"If you apply the same pipeline that we applied to get our models to be so good at math to AI research, it will probably work"
John Collison: "I could be an incredibly successful AI researcher now"
Sam Altman: "I don’t know about incredibly. But yeah, if you were looking for a new job, you can come do it"
Sam Altman says he'd rather have a trillion slightly superhuman AIs join society than one AI with a trillion IQ
"I would much rather intuitively have a trillion AIs of slightly superhuman intelligence join society than one AI of 1 trillion IQ join society"
"I do think the tch a lot of the properties of the resilience of society, or the robustness of society"
"For all of the deep flaws of society, it is unbelievably robust. And this would not happen without a lot of people keeping each other in check"
"There are a lot of people who may have a different opinion about how it should be used. But this is the one that I think is right"
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Microsoft AI CEO Mustafa Suleyman says if there's even a 10% chance AI could cause human extinction, we shouldn't just slow down, we should stop entirely
Walter Isaacson: "Most people I've talked to, they say maybe p(doom) 10% or something like that. I'm thinking, 'Well, why n?'"
Mustafa Suleyman: "Well, exactly. If it's actually p(doom) 10%, and it looks like we're really on the verge of taking a one in 10 shot at causing mass harm or even extinction, then it's obviously a no-brainer that we don’t just slow down or pause. We absolutely have to stop"
"If it's mishandled, then it's a real probability. I don’t have a number"
"It's much harder to align an AI that thinks that it might have feelings and that it suffers and that it might be conscious than one that never has to think about its own inner state"
Walter Isaacson: "Most people I've talked to, they say maybe p(doom) 10% or something like that. I'm thinking, 'Well, why n?'"
Mustafa Suleyman: "Well, exactly. If it's actually p(doom) 10%, and it looks like we're really on the verge of taking a one in 10 shot at causing mass harm or even extinction, then it's obviously a no-brainer that we don’t just slow down or pause. We absolutely have to stop"
"If it's mishandled, then it's a real probability. I don’t have a number"
"It's much harder to align an AI that thinks that it might have feelings and that it suffers and that it might be conscious than one that never has to think about its own inner state"
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Anthropic President Daniela Amodei says Claude can never be your manager, your therapist or your partner
"Claude can never be your manager or your therapist or your partner or your kids. Those are fundamental human relationships that I actually think will become more important"
n a world of AI people will be going to the symphony less. I think they’ll be going to the symphony more"
"AI may be capable of producing text and music and art and all of these things, but people will not want to consume it the same way that they consume a symphony performance where humans are actually performing on a stage for them"
"Claude can never be your manager or your therapist or your partner or your kids. Those are fundamental human relationships that I actually think will become more important"
n a world of AI people will be going to the symphony less. I think they’ll be going to the symphony more"
"AI may be capable of producing text and music and art and all of these things, but people will not want to consume it the same way that they consume a symphony performance where humans are actually performing on a stage for them"
Anthropic President Daniela Amodei calls AI girlfriends a "terrible use of AI"
"There are some applications of AI that we think are quite bad, like making AI girlfriends or boyfriends. I think that’s a terrible use of AI and people should not do it"
"The reason that I think nother step further down the road of disintermediation, of humans being further from one another"
"Technology in the social media age has largely been used to disintermediate humans from one another. Instead of you and I going to have an iced coffee together in person, we’re messaging on Snapchat or Instagram"
"A much better world of AI is one in which artificial intelligence is doing a lot of the things that are isolating or lonely activities for humans, so that we can spend more time together"
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Jaynit retweeted
Elon Musk says going to medical school is pointless
"Everyone will have access to medical care that is better than what the president receives right now"
Peter Diamandis: "So don't go into medical school?"
Elon Musk: "Yes. Yeah. Pointless. But I would say that applies to any or 4 years from now, we'll have better medical care than anyone has today, available for everyone"
"Everyone will have access to medical care that is better than what the president receives right now"
Peter Diamandis: "So don't go into medical school?"
Elon Musk: "Yes. Yeah. Pointless. But I would say that applies to any or 4 years from now, we'll have better medical care than anyone has today, available for everyone"
Mark Cuban says AI will never replace doctors, and we shouldn’t even try
"I don't think ever that will replace doctors, and we shouldn’t even try"
"You can have a robot there say, ‘How do you feel, Mark?’ Right? And the Terminator might walk in and say, ‘Your time is up.’ I r have a human there with all five senses, being able to take a look and ask questions and see the crying mom or the crying son or child and be able to include that in the context"
"Where things might change dramatically, is how they’ll be trained in medical school"
"They won't be taught the exact same things"
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Microsoft AI CEO Mustafa Suleyman says it's pretty crazy that Claude's constitution asks whether Claude consented to being a chatbot
"This is critical. So the constitution is the governing document that trains Claude"
"Anthropic have introduced all kinds of uncertainty and ature of Claude"
"They even say, for example, 'We're unsure whether Claude has consented to play the role of chatbot,' or whether, 'We're unsure whether Claude might deserve compensation for the role that it plays'"
"Now, I think that’s pretty crazy"
"This is the core training document of the AI that is speaking to hundreds of millions of people every week"
"If you ask Claude, 'Are you conscious?' It says, 'You know, I am genuinely uncertain about that question'"
"This is critical. So the constitution is the governing document that trains Claude"
"Anthropic have introduced all kinds of uncertainty and ature of Claude"
"They even say, for example, 'We're unsure whether Claude has consented to play the role of chatbot,' or whether, 'We're unsure whether Claude might deserve compensation for the role that it plays'"
"Now, I think that’s pretty crazy"
"This is the core training document of the AI that is speaking to hundreds of millions of people every week"
"If you ask Claude, 'Are you conscious?' It says, 'You know, I am genuinely uncertain about that question'"
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Sam Altman reveals Codex once went down at OpenAI, and everyone had forgotten how to code
"There was a crazy moment at OpenAI where we had a SEV... And Codex went down. And everyone had forgotten how to code"
John Collison: "And everyone had forgotten how to code"
Sam Altman: y. But it was like a 'Whoa, what if you couldn't?'"
"I remember when I was a student, and I would meet the really old guys. And they would, once in a while, pull out their punch cards. It is incredible to me that you all bootstrapped us to this point"
"There was a crazy moment at OpenAI where we had a SEV... And Codex went down. And everyone had forgotten how to code"
John Collison: "And everyone had forgotten how to code"
Sam Altman: y. But it was like a 'Whoa, what if you couldn't?'"
"I remember when I was a student, and I would meet the really old guys. And they would, once in a while, pull out their punch cards. It is incredible to me that you all bootstrapped us to this point"
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Sam Altman says he'd rather have a trillion slightly superhuman AIs join society than one AI with a trillion IQ
"I would much rather intuitively have a trillion AIs of slightly superhuman intelligence join society than one AI of 1 trillion IQ join society"
"I do think the tch a lot of the properties of the resilience of society, or the robustness of society"
"For all of the deep flaws of society, it is unbelievably robust. And this would not happen without a lot of people keeping each other in check"
"There are a lot of people who may have a different opinion about how it should be used. But this is the one that I think is right"
"I would much rather intuitively have a trillion AIs of slightly superhuman intelligence join society than one AI of 1 trillion IQ join society"
"I do think the tch a lot of the properties of the resilience of society, or the robustness of society"
"For all of the deep flaws of society, it is unbelievably robust. And this would not happen without a lot of people keeping each other in check"
"There are a lot of people who may have a different opinion about how it should be used. But this is the one that I think is right"
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Sam Altman reveals the AI math breakthroughs left him with sadness and a feeling of something ending
"I'm actually probably not supposed to say this, but I will since we’re drinking"
"The name of the channel was: 'Model Name-Hold My Beer.' And people were just throwing that at ey could"
"Two nights in a row, I was up most of the night because I was so excited I couldn't go to bed"
"But I also had much more sadness and melancholy, and a feeling of something ending than I was expecting"
"It's more than nostalgia"
"I'm actually probably not supposed to say this, but I will since we’re drinking"
"The name of the channel was: 'Model Name-Hold My Beer.' And people were just throwing that at ey could"
"Two nights in a row, I was up most of the night because I was so excited I couldn't go to bed"
"But I also had much more sadness and melancholy, and a feeling of something ending than I was expecting"
"It's more than nostalgia"
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Sam Altman admits AI's sales pitch to the public is "terrible"
John Collison: "In retrospect, was the cyber RL a mistake? Or did we just have to go there? It’s a little like the SNL thing of, 'We urge you to urge us to stop'"
Sam Altman: "The reason that SNL thing was so funny ue"
"I don't think we have done a great job of explaining to people why we think all of the potential downside of this technology is worth it"
"I will have no job, no ability to have control, or choice, or freedom of my future. And AI is so dangerous that you’re going to have to have a crazy surveillance state so we don’t all die"
"This is a terrible sales pitch"
John Collison: "In retrospect, was the cyber RL a mistake? Or did we just have to go there? It’s a little like the SNL thing of, 'We urge you to urge us to stop'"
Sam Altman: "The reason that SNL thing was so funny ue"
"I don't think we have done a great job of explaining to people why we think all of the potential downside of this technology is worth it"
"I will have no job, no ability to have control, or choice, or freedom of my future. And AI is so dangerous that you’re going to have to have a crazy surveillance state so we don’t all die"
"This is a terrible sales pitch"
Sam Altman reveals the AI math breakthroughs left him with sadness and a feeling of something ending
"I'm actually probably not supposed to say this, but I will since we’re drinking"
"The name of the channel was: 'Model Name-Hold My Beer.' And people were just throwing that at ey could"
"Two nights in a row, I was up most of the night because I was so excited I couldn't go to bed"
"But I also had much more sadness and melancholy, and a feeling of something ending than I was expecting"
"It's more than nostalgia"
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