Balaji Srinivasan: Technology Will Lead to a Borderless World

The Silicon Valley entrepreneur says cryptocurrencies, virtual reality, and mobile devices are helping individuals escape failed institutions.
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"Soon you'll be able to join a VR world, and earn virtual currency in virtual reality," says Silicon Valley entrepreneur Balaji Srinivasan. "Which means that, for a good chunk of people in the world, the majority of their waking hours are going to be spent in the Matrix."
Srinivasan believes that new technologies-mobile devices, cloud computing, cryptocurrencies-are rapidly taking us into an era when geography, nationality, and other limitations on our labor and freedom fade away. He says that this evolution will empower individuals and erode the authoritarian capabilities of the state.
Srinivasan is a modern-day polymath who venture capitalist Marc Andreessen has called the person with "the highest output per minute of new ideas of anybody I've ever met in my life." A Ph.D. in electrical engineering, a co-founder of the genetic testing firm Counsyl, and a Stanford computer science lecturer, Srinivasan was also on Donald Trump's short list to head up the Food and Drug Administration.
He believes in technology's power to provide a way for individuals to migrate away from ossified institutions and destructive policies. Borrowing a framework from a 1970 political science treatise by Albert O. Hirschman, Exit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and States, Srinivasan described his vision in a much-discussed 2013 talk titled "Sillicon Valley's Ultimate Exit."
Today, he spends most of his time running the cryptocurrency-based startup Earn.com, which allows users to get paid for small tasks, like responding to emails and completing surveys. It is ultimately, he says, a tool for creating a "frictionless digital workforce." He imagines Earn.com providing users with a new type of decentralized employment based purely on their skills. Participants would log on, see a feed of tasks they needed to accomplish, and then be compensated accordingly.
While teaching at Stanford a decade ago, Srinivasan and his brother Ramji founded the genetic testing firm Counsyl, which offers a single assay that tests for every major Mendelian genetic disease. The company aims to lower costs, empower parents, and improve the way genetic diseases are identified and treated.
In a wide-ranging discussion, Reason's Nick Gillespie spoke with Srinivasan about his current ventures; how the FDA and other regulatory bodies should adapt to new technologies; the controversy over genetic testing and "designer babies;" how the 1997 book The Sovereign Individual has influenced his thought; his intellectual heroes; and how he's contributing to "Silicon Valley's ultimate exit."
Interview edited by Justin Monticello. Camera by Paul Detrick and Monticello. Music by Grégoire Lourme (www.jamendo.com/track/1292388..., Silent Partner ( • Diamond Knight - Silen... ), Blue Giraffe (www.jamendo.com/track/1388629..., and Hare (www.jamendo.com/track/1317046....

Пікірлер: 126

  • @DrBrainTickler
    @DrBrainTickler6 жыл бұрын

    At 13:42... "No amount of violence can solve a math problem"... That's the beginning of a truly civilized civilization.

  • @balajisrinivasanclips

    @balajisrinivasanclips

    Жыл бұрын

    Incredible

  • @JeaneAdix
    @JeaneAdix6 жыл бұрын

    Title is misleading. This guy is a real futurist, and his points aren't just about "border-less worlds""

  • @the500mphtortoise
    @the500mphtortoise6 жыл бұрын

    Guys I know conservatives have a problem with terms like borderless world, but in this context its talking about communication and travel not citezenship and migration. Dont think the hate for this video is warranted.

  • @urinalcakesorcerer8919

    @urinalcakesorcerer8919

    6 жыл бұрын

    the500mphtortoise , cultural differences absolutely matter, look at Sweden last 2 years of crime statistics.

  • @the500mphtortoise

    @the500mphtortoise

    6 жыл бұрын

    +UrinalCakeSorcerer Did you not read my comment? My point was that migration and citezenship is not what this video is about. In the context of this video border-less world is in reference to two people opposite sides of the planet can communicate with VR as if they are in the same room - you can hire anyone anywhere in the world for the same job with no need for travel or migration essentially making interaction and hiring borderless. I, and the video, make no comment about physical national borders, cultural difference or migration. Hell the concepts in this video may even reduce migration as the purpose of migrating is negated.

  • @jaythrash8804

    @jaythrash8804

    6 жыл бұрын

    Conservatives are social collectivists who are scared of anyone who has a skin tone darker than their's.

  • @jaythrash8804

    @jaythrash8804

    6 жыл бұрын

    @LordSear1982 Social conservatism focuses on hating those who are either a different nationality or race than they are. Radical Muslims for instance are extreme social conservatives. Just like extreme Christians. Both groups are extreme social collectivists.

  • @garetclaborn

    @garetclaborn

    6 жыл бұрын

    i dont hate it but i do think it's incorrect about that particular point. technology will create new forms of borders/communities

  • @zachrobhan
    @zachrobhan6 жыл бұрын

    Best video ever. 10 years ago I tried to convince my coworkers that this was the future of humanity.

  • @MusicViddeos
    @MusicViddeos4 жыл бұрын

    I'm skeptical of how his vision would work for people with average to below average intelligence. Sure, if you're a genius who can code or loves technology, a virtual GoFundMe system based on skills and hardwork would work to grow seeds into trees. But this is very narrow and one-sided. As someone who works remotely from my computer 8 hours a day, there is a toll on your mental and physical health. You need plenty of sunshine and in-person interactions to experience what beauty there is in life.

  • @shreyanjoshi3622

    @shreyanjoshi3622

    3 жыл бұрын

    Ideally, with the colluding effects of both automation at the ends, thanks to AI and Machine Learning, and at the centre through web 3.0, we should have arrived at a stage where survival is a less and less of a worry for an individual. More time spent with people we love, doing things we want to do is more important and the hopefully the end goal, not necessarily creating the next big trend.

  • @aescubed
    @aescubed Жыл бұрын

    Now I understand why Lex Fridman spoke to Srinivasan for about 8 hours, I just cleared up my calendar to listen to that podcast!

  • @johnrildo2325
    @johnrildo23256 жыл бұрын

    In a lot of ways, technology already has helped us to communicate throughout the world as if we had no borders. That might not have been the original intention, but that's how it worked out.

  • @invisibleaznDJ
    @invisibleaznDJ6 жыл бұрын

    to many people knee jerkin without even watching the video clearly.

  • @chrimony

    @chrimony

    6 жыл бұрын

    Reason deserves most of the blame for their clickbait headline.

  • @mtndewman1022

    @mtndewman1022

    6 жыл бұрын

    chrimony exactly, they deserve it

  • @abcw114

    @abcw114

    6 жыл бұрын

    chrimony Translation: knee-jerk downvoters aren't to blame. Please.

  • @chrimony

    @chrimony

    6 жыл бұрын

    @abcw: I said Reason deserves MOST of the blame, not all of it. They initiated with the misleading headline.

  • @wolfson109
    @wolfson1096 жыл бұрын

    Phenomenal interview! Thanks a lot Nick

  • @modifiedcontent
    @modifiedcontent6 жыл бұрын

    The nation-state and borderless world can coexist with no problem. That was the assumption of the US Constitution; anyone was welcome, but people entering America would be "naturalized", brought under American law, become citizens with equal rights. Denying people entry at the border was a late 19th century and Progressive Era invention. The alt-right's brand of nationalism goes back to the "progressive" early 20th century continental European/Germanic concept of the nation-state, as opposed to the Anglo-Saxon/Dutch concept of the nation-state. Alt-right nationalism is an insult to everything America used to stand for; individual liberty, limited government, equal opportunity under rule of law.

  • @pennsylvaniagazette124

    @pennsylvaniagazette124

    6 жыл бұрын

    The founders wanted to ship the Africans back. They were Natural Law guys...

  • @Matrix27594

    @Matrix27594

    6 жыл бұрын

    It's mostly white men who demand small government. Women and minorities want big gov to take care of them. "Individual liberty, limited government, equal opportunity under rule of law" are threatened by third world immigration. You can't have your cake and eat it too.

  • @EvaGreenFanPennyDreadful
    @EvaGreenFanPennyDreadful6 жыл бұрын

    This guy is fucking smart

  • @skippylippy547
    @skippylippy5476 жыл бұрын

    Excellent video. Thank you.

  • @ironsmith9769
    @ironsmith97696 жыл бұрын

    "Where are you ideologically?" response "I don't like labels." and then proceeds to describe himself as a free-market guy to a T.

  • @localfox1000

    @localfox1000

    6 жыл бұрын

    Guest outs himself as a libertarian on a Libertarian channel. Shocker.

  • @Frexican54

    @Frexican54

    3 жыл бұрын

    ​ @Shiv He said that Lee Kwon Yew is one of his heros. You can make a good argument that Yew is an Authoritarian.

  • @FifthConcerto
    @FifthConcerto6 жыл бұрын

    This sounds somewhat like the "Snow Crash" world in which countries essentially become "franchises".

  • @PatrickHealy
    @PatrickHealy6 жыл бұрын

    I enjoyed this video so much more when I changed the speed to .75x. Him talking so fast is hard to listen to.

  • @Specsy
    @Specsy2 жыл бұрын

    14:30 happening now in 2022.

  • @balajisrinivasanclips

    @balajisrinivasanclips

    Жыл бұрын

    Way ahead of his time

  • @ronpaulrevered
    @ronpaulrevered6 жыл бұрын

    "Property rights are going to be the network effect" I wonder what he means by that.

  • @user-mj2os1gn2e
    @user-mj2os1gn2e2 ай бұрын

    Balaji is ahead of his time. Few.

  • @abramgaller2037
    @abramgaller20376 жыл бұрын

    The cloud economy is technologically possible,but the social barriers are a different matter.

  • @DrBrainTickler
    @DrBrainTickler6 жыл бұрын

    At 14:58.. there is no such thing as good and bad. Everything is cause and effect. Some effects or unwanted by some while being wanted by others. Positive and negative in relation to what direction we are trying to go is what we have here.. there is always push and pull. There is always both.

  • @mistahtut
    @mistahtut4 жыл бұрын

    I took notes on this interview that you can find here, with timestamps (built using Roam Research - you can easily copy and paste into your own Roam database): www.marknagelberg.com/notes-on-balaji-srinivasan-interview-technology-will-lead-to-a-borderless-world/

  • 6 жыл бұрын

    stateless world is better term - local municipalities, decentralized reputation system.....

  • @makarlock
    @makarlock6 жыл бұрын

    What predicts the success of people? Access to information, access to transportation. The internet + VR, hyperloop and stuff, further away FTL and Fulldive VR...thats what really matters, not government policy lol.

  • @pablopeniche9194
    @pablopeniche91943 жыл бұрын

    Balaji casually predicting WW3 15:00 & 31:30

  • @Specsy

    @Specsy

    2 жыл бұрын

    True

  • @KevinBurciaga
    @KevinBurciaga6 жыл бұрын

    What an exciting time to be alive!

  • @balajisrinivasanclips

    @balajisrinivasanclips

    Жыл бұрын

    Definitely

  • @user-mj2os1gn2e
    @user-mj2os1gn2e2 ай бұрын

    25:18 😮

  • @gostavoadolfos2023
    @gostavoadolfos20236 жыл бұрын

    Meh. This didn't happen in Wakanda! the one and only 1st world country in Africa 😂😂😂😂

  • @cristian-si1gb

    @cristian-si1gb

    6 жыл бұрын

    younes jorge You haven't seen the movie, have you?

  • @garetclaborn

    @garetclaborn

    6 жыл бұрын

    lol ali the middle east and africa are very squarely in the 3rd world. there's no use denying it. btw did you notice that the categories you defined "developed, developing, underdeveloped" are three in number xD

  • @garetclaborn

    @garetclaborn

    6 жыл бұрын

    weaksauce non-response, i know they aren't directly those three categories, makes it no less funny. well it didn't til u were a party pooper

  • @user-mj2os1gn2e
    @user-mj2os1gn2e2 ай бұрын

    I spedran this at 2x.

  • @jeremiahlawrence9240
    @jeremiahlawrence92406 жыл бұрын

    Internet is bordeless next step is making the real world virtually borderless eventually.

  • @user-mj2os1gn2e
    @user-mj2os1gn2e2 ай бұрын

    Balaji is a White Tiger.

  • @pauloesmarques
    @pauloesmarques6 жыл бұрын

    "Sovereign funds"

  • @crystalc1ear
    @crystalc1ear4 жыл бұрын

    Balaji’s utopia sounds like a dystopia to me.

  • @Muonium1
    @Muonium16 жыл бұрын

    do a shot every "ossified"

  • @SachinDolta
    @SachinDolta3 жыл бұрын

    More real now

  • @darkisato8346
    @darkisato83466 жыл бұрын

    I can see it now you wake up put on your vr gear and control a drone in a factory in some remote corner of the world.

  • @darmony9153
    @darmony91536 жыл бұрын

    Is there any value in a borderless world? I know John Lennon thinks it's a great idea, But is it necessary for anything?

  • @Terry-404
    @Terry-4043 жыл бұрын

    Separation of church and state = scientific revolution Separation of state and money = ??

  • @brucebogtrotter3430
    @brucebogtrotter34306 жыл бұрын

    We are moving towards a nationless, atheistic society but this will not improve race relations. Race will become a more central identity piece in a global world without god or country to derive meaning.

  • @garetclaborn

    @garetclaborn

    6 жыл бұрын

    more than 70% of the US is Christian, and statistically we appear to have hit peak secularism. it is already beginning to rock back the other way

  • @TKUA11
    @TKUA116 жыл бұрын

    6:40 is that a boob stimulator ? Sex toy technology is going on a whole new level

  • @Unmannedair
    @Unmannedair6 жыл бұрын

    I disagree. I think technology will lead to a world with virtual borders. If you think about it, they exist already. When was the last time you cruised the Arabic speaking section of KZread? I think the borders will become muddier, but they'll still be there. In terms of physical borders, those will change, but those will always exist. Borders, walls, fences, and boxes are ways that humanity has for psychologically simplifying what is and is not important to them.

  • @garetclaborn

    @garetclaborn

    6 жыл бұрын

    yup basically same thing i think as a developer

  • @rwatertree

    @rwatertree

    6 жыл бұрын

    Ignorance will always be a 'border' but it can be overcome much more easily than immigrating to a far-away place where people may be hostile. The last borders will be those created by encryption.

  • @garetclaborn

    @garetclaborn

    6 жыл бұрын

    there wont be any last borders, borders will multiply faster than they can ever be removed in the not so distant future i'll further put forward that there is a fundamental, inescapable border in what we call lag time and it's far more consequential than people think

  • @jeremiahlawrence9240

    @jeremiahlawrence9240

    6 жыл бұрын

    Unmannedair everybody learns English worldwide, you'd be surprised by the number of non native English speakers in the English speaking virtual world. I for one am from Belgium. A borderless virtual world already happened now we have censorship happening (see China's great firewall).

  • @SpiraSpiraSpira

    @SpiraSpiraSpira

    6 жыл бұрын

    A better way to look at it is as filters, not borders.

  • @sebastianaguiarbrunemeier9192
    @sebastianaguiarbrunemeier9192 Жыл бұрын

    Balaji gang

  • @chriskenney4377
    @chriskenney43776 жыл бұрын

    This guy is the classic person who has a hammer and therefore, everything looks like a nail.

  • @garetclaborn
    @garetclaborn6 жыл бұрын

    Nah, technology will increase specialization of nations. It's a mathematic inevitability

  • @satoshinakamoto7351
    @satoshinakamoto73515 жыл бұрын

    Does this guy ever sleep?

  • @ctwatcher
    @ctwatcher6 жыл бұрын

    Then we best break all of these humanity destroying gadgets.

  • @yoavhal6050
    @yoavhal60506 жыл бұрын

    no one has got the merit. well, maybe 1/1000. so, 999 -to much of a friction for such frail a structure. the very consept of revolution should be questioned and answered . and if you look for an antiseptic link for sound q/a -any suggestion that uses the western liberal democracy as a possible draft- just wont do, im afraid..

  • @yoavhal6050

    @yoavhal6050

    6 жыл бұрын

    ...that uses the western liberal democracy- just wo...

  • @garetclaborn

    @garetclaborn

    6 жыл бұрын

    do even you know what you're saying

  • @yoavhal6050

    @yoavhal6050

    6 жыл бұрын

    garet claborn yes. do you?

  • @garetclaborn

    @garetclaborn

    6 жыл бұрын

    nope i have only very little clues as to what you're actually saying "look for an antiseptic link for sound q/a" antiseptic (adj) Capable of preventing infection by inhibiting the growth of microorganisms wtf mate

  • @yoavhal6050

    @yoavhal6050

    6 жыл бұрын

    garet claborn right.true. Correct.virtue.equity.legal.valid.remedy.privilege.due. Right? antiseptic. Kills germs. antiseptic financial practices. Antiseptic link- it’s validity is not prone to bias

  • @DrBrainTickler
    @DrBrainTickler6 жыл бұрын

    at 7:28... My next door neighbor is probably a total fucking piece of shit. 90% of the population is. I invite thousands of people to Xbox Live parties and maybe one out of a thousand is somebody I actually want to talk to.

  • @22grena
    @22grena6 жыл бұрын

    Balaji would like this to happen but Europeans are not going to let people like him destroy us

  • @davoodulhakeem9044
    @davoodulhakeem90445 жыл бұрын

    Any similar persons like BS

  • @DrBrainTickler
    @DrBrainTickler6 жыл бұрын

    Our current reality is the Matrix. What you're talking about will be a matrix inside a matrix. Lol

  • @xzero01501
    @xzero015016 жыл бұрын

    First?

  • @Morrakiu
    @Morrakiu6 жыл бұрын

    >borderless world WTF, I love the luddites now

  • @luthientinuvel4681
    @luthientinuvel46816 жыл бұрын

    gay

  • @defaultHandle1110
    @defaultHandle11103 жыл бұрын

    2020 says: hahahahahaha!

  • @Chadhogan111

    @Chadhogan111

    3 жыл бұрын

    When Google, twitter, Facebook, amazon and apple colluded to silence and censor the duly elected president of the United States, and succeeded. They'll say this was the moment the industrial age ended. Welcome to the new oligarchy. Very few people are about to control everything Hahaha

  • @kapildhingra20
    @kapildhingra206 жыл бұрын

    "Cocaine is a helluva drug"

  • @BillBogan
    @BillBogan6 жыл бұрын

    And then the power goes out and your all screwed lmao

  • @sirus312

    @sirus312

    6 жыл бұрын

    if it goes out now we are screwed. Its doomsday if you are out of power for more than few hours.

  • @Muonium1
    @Muonium16 жыл бұрын

    sorry, hypey bullshit to actual content ratio too high. bailing after 5 minutes

  • @TKUA11
    @TKUA116 жыл бұрын

    We’re not a nation of immigrants were a nation of settlers, and the founding fathers said citizenship is for white Men of good character. Are native Americans immigrants ?

  • @jgunner280

    @jgunner280

    6 жыл бұрын

    At what point did they ever say that? The closest thing I can find to that is they were in fact appalled at the lack of freedom of others like slaves, but hardly put that into action since it was a large part of the economy (or they just liked benefiting from it since some were slave owners despite their words).

  • @Earthandweather
    @Earthandweather6 жыл бұрын

    He seems to be in his own bubble. Lots of declarative statements. He offers insights but only into his imagination. An imagination that adores crypto currencies and everything he imagines comes from that place. He is very wrong about that so...The rest is basically corrupted accordingly.

  • @urinalcakesorcerer8919
    @urinalcakesorcerer89196 жыл бұрын

    Alright that's it *unsubscribed* Who bought Reason tv and turned them evil?

  • @elijahp.3720

    @elijahp.3720

    6 жыл бұрын

    Please expand on what is wrong with ReasonTV and this video

  • @THApeanutMagician

    @THApeanutMagician

    6 жыл бұрын

    Hasnt reason always been pro immigration?

  • @TKUA11

    @TKUA11

    6 жыл бұрын

    Stickshempenhamper6666 well said. I don’t hear a squeak about gun rights and mental health. So much for being all about liberty, more like how to allow more debauchery

  • @angeloferrarinibuttermann6273

    @angeloferrarinibuttermann6273

    6 жыл бұрын

    i haven't seen many pro drug videos from reason and i think open borders is a terrible idea but what is wrong with weed? it's safer than many other legal substances and people still get jailed for consuming it in the US

  • @angeloferrarinibuttermann6273

    @angeloferrarinibuttermann6273

    6 жыл бұрын

    what should they say about gun rights? the US is already the country with the easiest access to guns. Wanna make it easier?