#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology

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<p>Erik Brynjolfsson is an economist at Stanford. Please support this podcast by checking out our sponsors:<br /> &#8211; <b>Vincero</b>: <a href="https://vincerowatches.com/lex">https://vincerowatches.com/lex</a> to get up to 25% off + free shipping<br /> &#8211; <b>Four Sigmatic</b>: <a href="https://foursigmatic.com/lex">https://foursigmatic.com/lex</a> and use code LexPod to get up to 60% off<br /> &#8211; <b>ExpressVPN</b>: <a href="https://expressvpn.com/lexpod">https://expressvpn.com/lexpod</a> and use code LexPod to get 3 months free<br /> &#8211; <b>Cash App</b>: <a href="https://cash.app/">https://cash.app/</a> and use code LexPodcast to get $10</p> <p><b>EPISODE LINKS:</b><br /> Erik&#8217;s Twitter: <a href="https://twitter.com/erikbryn">https://twitter.com/erikbryn</a><br /> Erik&#8217;s Website: <a href="https://www.brynjolfsson.com/">https://www.brynjolfsson.com/</a><br /> The Second Machine Age (book): <a href="https://amzn.to/33f1Pk2">https://amzn.to/33f1Pk2</a><br /> Machine, Platform, Crowd (book): <a href="https://amzn.to/3miJZ76">https://amzn.to/3miJZ76</a></p> <p><b>PODCAST INFO:</b><br /> Podcast website: <a href="https://lexfridman.com/podcast">https://lexfridman.com/podcast</a><br /> Apple Podcasts: <a href="https://apple.co/2lwqZIr">https://apple.co/2lwqZIr</a><br /> Spotify: <a href="https://spoti.fi/2nEwCF8">https://spoti.fi/2nEwCF8</a><br /> RSS: <a href="https://lexfridman.com/feed/podcast/">https://lexfridman.com/feed/podcast/</a><br /> YouTube Full Episodes: <a href="https://youtube.com/lexfridman">https://youtube.com/lexfridman</a><br /> YouTube Clips: <a href="https://youtube.com/lexclips">https://youtube.com/lexclips</a></p> <p><b>SUPPORT &#38; CONNECT:</b><br /> &#8211; Check out the sponsors above, it&#8217;s the best way to support this podcast<br /> &#8211; Support on Patreon: <a href="https://www.patreon.com/lexfridman">https://www.patreon.com/lexfridman</a><br /> &#8211; Twitter: <a href="https://twitter.com/lexfridman">https://twitter.com/lexfridman</a><br /> &#8211; Instagram: <a href="https://www.instagram.com/lexfridman">https://www.instagram.com/lexfridman</a><br /> &#8211; LinkedIn: <a href="https://www.linkedin.com/in/lexfridman">https://www.linkedin.com/in/lexfridman</a><br /> &#8211; Facebook: <a href="https://www.facebook.com/LexFridmanPage">https://www.facebook.com/LexFridmanPage</a><br /> &#8211; Medium: <a href="https://medium.com/@lexfridman">https://medium.com/@lexfridman</a></p> <p><b>OUTLINE:</b><br /> Here&#8217;s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.<br /> (00:00) &#8211; Introduction<br /> (08:23) &#8211; Exponential growth<br /> (12:51) &#8211; Elon Musk exponential thinking<br /> (15:08) &#8211; Moore&#8217;s law is a series of revolutions<br /> (20:31) &#8211; GPT-3<br /> (22:09) &#8211; Autonomous vehicles<br /> (29:11) &#8211; Electricity<br /> (33:40) &#8211; Productivity<br /> (38:47) &#8211; Why is Twitter and Facebook free?<br /> (49:03) &#8211; Dismantling the nature of truth<br /> (52:24) &#8211; Nutpicking and Cancel Culture<br /> (58:39) &#8211; How will AI change our world<br /> (1:04:40) &#8211; Existential threats<br /> (1:06:33) &#8211; AI and the nature of work<br /> (1:12:39) &#8211; Thoughts on Andrew Yang and UBI<br /> (1:18:30) &#8211; Economics of innovation<br /> (1:24:37) &#8211; Effect of COVID on the economy<br /> (1:33:50) &#8211; MIT and Stanford<br /> (1:38:23) &#8211; Book recommendations<br /> (1:41:28) &#8211; Meaning of life</p>