AI is The Biggest Economic Impact of All Time w/ Raoul Pal & Emad Mostaque
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Emad Mostaque tells Raoul why advancements in generative AI will be bigger than the financial crisis and the pandemic.
When Raoul last spoke with Emad just four months ago, he called it “the most important interview in the history of Real Vision.”
Since that time, ChatGPT and generative AI have exploded into the mainstream.
In this follow-up interview, the founder of Stability AI talks about what’s coming next, just how quickly AI is transforming the way we live and work, and why even he can’t predict what the world will look like by this time next year.
This discussion is a must-watch if you want to understand the pace at which AI is changing our lives and to get ahead for the future. Recorded on March 9, 2023.
CHAPTERS:
1 What's Happened Since Raoul & Emad's Last Interview? 01:10
2 I Can't Even Think About One Year From Now, Let Alone Five Years 0:11:35
3 Where Does Stability.ai Fit In? 0:25:28
4 Let's Get Philosophical 0:36:19
5 How Can We Keep Up? 0:46:18
6 The Takeaways 0:57:38
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Пікірлер: 261
🔥 Get a 14-day 𝐅𝐑𝐄𝐄 trial to Real Vision 👉 rvtv.io/unfk CHAPTERS: 1 What's Happened Since Raoul & Emad's Last Interview? 01:10 2 I Can't Even Think About One Year From Now, Let Alone Five Years 0:11:35 3 Where Does Stability.ai Fit In? 0:25:28 4 Let's Get Philosophical 0:36:19 5 How Can We Keep Up? 0:46:18 6 The Takeaways 0:57:38
@jaylucas8352
Жыл бұрын
Soooo are we all going to be out of jobs pretty much? Cool
This should be at LEAST a monthly chat 🤯. Just incredible, gentlemen 🏆
@wookchewie396
Жыл бұрын
I second this ❤
@davediamond
Жыл бұрын
Disagree. It needs to be weekly. At this rate…
@kenmay5532
Жыл бұрын
I Disagree. Y'all were fooled 🤣🤣... This was AI Generated So we can have it Daily In All Languages Simultaneously.❗👌
@basimbaig
Жыл бұрын
YESSSS
So this is what the start of Singularity looks like. That feeling of beeing lost, and unable to keep up with technology. What an amazing feeling it is.
@truthseeker3412
Жыл бұрын
Why do you feel good about feeling lost and unable to keep up with AI?
@ThePallidor
Жыл бұрын
It's not THE storied singularity but it's a singularity of sorts, Internet squared. Cubed even.
@jaylucas8352
Жыл бұрын
The SINGULARITY begins muahahahaa
I appreciate you sharing your conversations with us. Please make Emad a regular guest -- I could listen to him for hours!
love emad's attitude to all this, makes me optimistic for the future.
Emad is the most insightful of all the AI bros.
WOW, OMG. Too much stuff to understand. Thanks to all the people at RealVision that made this video possible. Thanks Raoul.
“There’s a lot of “never the sames coming”… Quote of the year!!!
Mind blowing conversation! I just figured embeddings, now Emad is talking about a fusion of private and public models😮
Thank you for asking all these great questions to your incredible guest!
"it's easy, you just use it." Yes. I have a real-estate agent friend who always asks me to proof his property descriptions, but now he can just give chatgpt a description of the rooms and grounds and have it write a compelling description/summary. He can give it a couple examples and the new property characteristics and let it be creative.
Very helpful, thanks both - please keep the chats going in future
Been waiting for this follow up chat. Remarkable how times have changed!!! We need more of these discussions… Robots first Humans second Markets last
Great interview! What is said in this interview is important to many of us. I have just one issue though. I find the voice quality of Mr. Emad Mostaque on the video to be low. Can you have Mr. Emad Mostaque improve his voice quality on the videos. I suspect it would increase by using a higher end microphone. His words are so important that it should be the highest level of microphones.
Great conversation. Thank you for making this freely available
Amazing conversation. Thank you!
Fantastic chat gents. Somewhat mind blowing.
Thank you so much for this video. Your videos are always amazing and your guest is fantastic. This is one of the best videos that I’ve seen on this topic all the I things that I was thinking about you were dressed, which is great because I’m here debating this and it’s nice to have first-hand knowledge.
The biggest problem (especially with the USA) is that we are REACTIVE to these massive offsetting situations. Why do we always fail to plan ahead???
Great conversation; informative and helpful
@RealVisionFinance
Жыл бұрын
Glad it was helpful!
Wholeheartedly agree with the points here. In particular I'ge seen the AGI situation, and why we require augmentation prior to that point, so I'm glad it's being brought up more often.
33:00 the idea of his analogy matching the scene in A Cockwork Orange when Malcolm is being 'rehabilitated' by the State, came to mind
This was out of this world thanks for everything and sharing.
You’re awesome Emad, thanks real vision I love the innovative information you share. Am an artist so I think I’ve found it helpful and interesting
@RealVisionFinance
Жыл бұрын
Thanks for watching! 🔥 Get a 14-day 𝐅𝐑𝐄𝐄 trial to Real Vision 👉 rvtv.io/unfk
This was so good, thanks guys
This was fun. thank you both.
@RealVisionFinance
Жыл бұрын
Glad you enjoyed it!
Fantastic content as usual 💯
@RealVisionFinance
Жыл бұрын
Much appreciated
Great interview. I think that once the entities have motivation and can interact and pub sub to each other they will learn exponentially. That will cause then next evolution. This will lead the AI's/Entities to be more capable and knowledgeable than any human. Whilst they may not achieve self awareness or consciousness from this, it may not matter. As they will be superior in all matters of knowledge and execution of knowledge. It is likely that this will lead to some entities dominating that are designed to prey on the more passive ones.
I can’t get my head around it ! Thank you for this video.
Wonderful conversation, I've just listened it for the first time while driving, next time will be with subtitles because I'm not native speaker and for sure I'll get much more from it! It is at the same time intriguing and a bit scary. As a humans we had and still have problem with ethics.. so I'm a bit worried with all this innovation and what it could do but hopefully future is only bright! All the best !
@RealVisionFinance
Жыл бұрын
Thanks for watching!
This is knowledge Worth over 15 years ahead
Mind blowing! What to do as an investor? Where to invest? Which are the „shovels“?
Every time someone comes along who wants to help humanity they get attacked by the ever-predictable 'corporate rabid dogs'. Wishing Emad the best on this worthy journey. 🙏
17:58 why do we need to have menus anymore? (or other UIs for that matter) because sometimes to get what you want, it'll be faster than typing a question. If you're looking for something very specific like a needle in a haystack then it's much faster. For example, entering billing info on Amazon. If there's a wide range of things that you users need to do, then typing a question might be faster. 22:39 Jim Keller and Raja are currently creating asic for AI.
Amazing time indeed
@RealVisionFinance
Жыл бұрын
Indeed!
The pace is unprecedented but exciting.
The point of striving for AGI is not its output per se, as it was said correctly there would be specialized models orders of magnitude more capable than it. The point is, in theory, AGI would be able to learn and improve itself sending it into a feedback loop where it would get exponentially "better" at everything, eventually surpassing all specialized models and reaching SI.
@ThePallidor
Жыл бұрын
Exponential for a while. Ultimately it's an S curve. Exponential then merely logarithmic. But that exponential part is going to be one helluva ride.
@andrewmcleod1684
Жыл бұрын
@@ThePallidor Logarithmic based on what? It’s unfair (and unfounded) to blindly extend assumptions from existing biological/technological paradigms to this (completely novel) environment.
Lots of great information. BTW, the host's voice sounds like the one used on text to speech 😊
thanxxxx
is there an index for these companies?
Highly insightful! Wonder how this video will age. The future is bright and scary at the same time
incredible
Amazing
@RealVisionFinance
Жыл бұрын
Thank you! Cheers!
Great video
@RealVisionFinance
Жыл бұрын
Thanks for the visit
When we had the last Presidential candidates--the only one that brought this topic up was Andrew Yang. He said we are moving towards a future where technology is moving fast towards replacing many traditional jobs and in order to help keep massive numbers of people from going into poverty we would need to give them a supplemental income. He emphasized that there will just not be enough good paying jobs to keep families and individuals out of poverty. Many have already been replaced with automation and advanced software. His statements made sense since many of the better paying jobs are those that are the tech. Jobs. If those can be replaced more and more with AI or simply more efficient and complex software then we are looking at a future economic and social disaster. This is what companies historically have transitioned towards. Improved efficiency with use of fewer employees. Retail has already been hit hard by this.
Check your tile…it has an error. Emad not Dwight
@RealVisionFinance
Жыл бұрын
Thank you, Michael!
be curious what the effect could be on crypto...new products, defi, etc
57:48 …. This is just… waking up at this point 😂
5:58 Just about the _last_ thing I would ever want is Stable Diffusion on my toaster. Then, again, I really don’t even want my fridge updating my shopping list and telling me that I need to buy milk (or, worse, ordering it from Instacart).
Here for it. Does anyone know which tools I use to create my own ai assistant, where I can feed it a data set, model it on my data? I know know raoul is doing this with real vision data
@Eterna7Forms
Жыл бұрын
I'm not sure I'd love to know too.
@ThePallidor
Жыл бұрын
GPT4all, Vicuna, etc.?
We are at the singularity.
@LDdrums20
Жыл бұрын
Yep already at uncharted territory
Super interesting, but I had to switch on subtitles cause half of the time I do not understand this British accent.
It’s going to create huge problems - it can replace anyone n government from top down
Fabulous interview, but how do we invest in this space?
@Eterna7Forms
Жыл бұрын
Realistically today? Start your own A.I. based business and scale.
Ok here is a question for the group. There is so much GOLD in this podcast. I would like to GPT 4 to summarise the key points from this podcast. I have transcribed the podcast, copied it into GPT 4 in sections (to avoid the character limit). But GPT 4 is doing a poor job at summarising what I have copied (even with good prompts, telling it what I am about to do and it's role). Any suggestions for how to do this well? Surely some tools here already exist?!?!
I am listening to your amazing conversation for a second time after realizing this information will take awhile to integrate in my mind. Thank you so much for posting your discussion Raoul and Emad. I wonder how this AI will impact the world's ability to connect with each other. Also, I am curious to see how people will navigate through the ethical hurdles. I look forward to listening to you both in the future provided you are really present for the posting online rather than submitting your AI alter ego😊
@JH-ji6cj
Жыл бұрын
Just imagine what copywrite means as far as authorship. My tin-foil-hat moment occurred long ago when Google was introduced to the world (yes, I'm that old) and I assumed Google would then be able to infer most all new inventions just from combining search queries on ideas that didn't match current available models. It seems I was just early in my prediction. As in, consider training AI on video content for how to weld. After being able to train on multitudes of videos, comments sections, and Standards and Practices, it spits out new videos that incorporates top prioritized models with scenes, actors, etc. I say multiple because it is clear (currently to the extreme) that people are fractured into tribal spaces that need to ne infiltrated to make the information salient to those groups. Now I've just given away my 'rights' to this idea by the ability to mine it from the comment section of this video (of course taking for granted that it's even that great of an idea). I expect the reaction in the initial stages of this tech will work similarly to the DotCom value craze at the beginning of the Internet boom, concurrent with businesses locking (*attempting to) info【*like subscription models). I expect this won't really work for long, but the Crypto-Bro early adoption monetization ideas are interesting to brainstorm. I expect most initial gains will be through trojans, viruses, hacking, spam etc.
Please add timestamps this is great tho
We have to prepare ourselves now for the big impact
@RealVisionFinance
Жыл бұрын
100%
@tekkertruth1256
Жыл бұрын
It’s too late
What are the best companies to invest in to take advantage of this new AI world??
Can't wait for an AI model that can make open source stable diffusion better then the original. Emad sure looks enthusiastic about that :D
@ThePallidor
Жыл бұрын
AI isn't magic. Code optimization and chores, painful chores, analyzing code for optimizations... but it's not going to invent the next transformer.
I have been an IT engineer and believe l am quite smart, and l have to admit l feel totally lost watching this. The fact that l do not understand a lot of this is very worrying for me. I have a lot to learn.
I hope that AI is introduced to morals, ethics and philosophies and that AI concludes that humans have a right to life, liberty and the pursuit of happiness.
@_Information_
Жыл бұрын
Who’s morals and who’s ethics? These are different across society.
@1Bob4All
Жыл бұрын
@@_Information_ True. So hopefully the information selected for training AI is strongly biased with the hopes of leading to a conclusion which favors the individual's inherent worth and right to life, liberty and the pursuit of happiness.
@shirtstealer86
Жыл бұрын
I hope that the AI introduces humans to morals and ethics and changes our societies into humane and actually moral communities. The main thing I am looking forward to is ai ending violence, especially violence against women.
@honestcommenter8424
Жыл бұрын
@@1Bob4All What information selected? They are talking about everyone training their own model that suits them. Every model will be different and trained to different ethics.
@1Bob4All
Жыл бұрын
@@honestcommenter8424 IF each AI module stays isolated from each other then all should be fine, presuming one AI is not hooked up to a weapon system and then decides that it should wipe out humans in order to fulfill its poorly defined program objective. (Straight from a sci-fi storyline. )
Great. Looking forward to live in this dystopia
This is terrifying because once you’re replaced at your job then by the time you train for another one you’re either obsolete or the market is totally over saturated. We’re talking 50 percent unemployment over night. That means far less consumers to keep the economy going. This is so terrifying
@ThePallidor
Жыл бұрын
No it'll be a hiring frenzy. Firing in some cases, but it depends on the business. There are many more things we want to achieve but simply didn't believe it was possible, and companies will start pursuing that, thinking big, and hiring people who can work well with AI.
You can give it to everyone, but unfortunately that doesn't mean that everyone will know how to use it or improve it
Honestly AI is developing over 10 years now, ChatGPT is only the reason why people nolce it now :)
It all sounds fancy but its comparable to mass-scale production. Anything that starts getting produced at scale losses its value. AI will take away redundant jobs but the demand for exclusivity would go up. It's just like Rolex ( exclusive) vs Quartz watch ( available to all)
"RIGHT"
Raoul going to be on AI like NFTs
@BillyBob-oi9kl
Жыл бұрын
There hasn't been something this disruptive since the mechanization of agriculture, which laid off millions of farm laborers in the 1800s. People are going to be infinitely more productive, and unless there is a surge in demand for the services, then there will be millions of people that are unemployed because of it. It is pretty frightening, of course, as with anything there will be some that find opportunities to make it work for them and create fortunes. Politically we're in for a rough 10 to 20 years just like we had during the 1880s and 1890s.
Law is going to be interesting. If legal defense is enhanced by AI, all legal battles will be arbitrated by AI, because anyone without AI representation will be beat out by the AI opposition.
@ThePallidor
Жыл бұрын
It will be lawyers with AI assistants. Judges with AI assistants. Courts will have no sympathy for mistakes made by AI that you didn't check.
I'm a bit out of the loop. What does he mean by "stable diffusion", "back-end".?
Audio quality is not clear
@46:30
I’m awaiting my powerful Ai new phone - my Ai, assistant, Ai security, Ai concierge, I told the Ai to act as me and I retired 😅
It’s scary, it will displace so many workers, we have AI on the knowledge side and robots (on the manufacturing side). Are we seeing the future of mankind without humans being part of it?
@RealVisionFinance
Жыл бұрын
Thanks for watching!
It's really funny how these experts imagine that people will be much more productive with the new AI tools, but they don't think the next step. Why would people still create pie charts and slideshows. Think about what charts and slideshows are used for. They are used to help humans make decisions. AI does not need those crutches AND they are better at it. There will be almost nothing to do for humans anymore.
Microsoft also provides models for companies
Tech is moving too fast. Maybe the Amish has the right idea all along?
@defaultname01
Жыл бұрын
I'd happily live somewhere like a rolling hills farm in warm Italy living a simple low tech life given the choice. The current world is tearing itself apart.
@44:36
Copyright will be a massive issue with AI and ChatGPT
Event horizon of a singularity
man, i can wait for real Raoul to interview AI Raoul, or vice versa
Next year Raoul will interview AI Raoul live.
My mind is officially blown
@RealVisionFinance
Жыл бұрын
Thanks for watching!
Your team really needs to check out Bittensor.
@5:15
I never realized how uneven Raouls mustache is
@Julio836
Жыл бұрын
Oh god
Future = exponential to the power exponential.........Dependancy of human work force = inversely proportional....
Actually BTC was first mined on CPUs. Then GPU's and then ASICS. People who mined on CPU's had THOUSANDS!
Exciting and controversial times incoming with AI
@RealVisionFinance
Жыл бұрын
100%
You can eliminate fraudsters with this. Your bank can ring up and verify everyone
Take a long walk in a dark wood. And the world of man will still be humbled.
Emad keeps mentioning a technology called ASIX or something like that. What is it? How do you spell it?
@yark618
Жыл бұрын
Asics hardware
What a time to be alive. We're saved and doomed
Your interview with Tom Bilyeu brought me here.
How long before an AI can diagnose and prescribe better than a human physician?
@Seancarter2010
Жыл бұрын
Watson
@NorthStarPNW
Жыл бұрын
Yesterday.
@ChadThundercook
Жыл бұрын
Yeah, this was a while ago.
Tell your kids you love them.
AI in the toaster… Red Dwarf! ;-)
Debt implosion time. And if debt implodes, equity has already imploded
This is a great social experiment, with no controls. So much fun to be a guinea pig😂