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Welcome to the deep dive.

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We've got some really interesting stuff to dig into today.

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Yeah, some fascinating sources about tech and business

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and how they all played into this last election.

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Right.

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We're going to be focusing on this conversation between Mark

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Andreessen and Ben Horowitz.

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Oh, yeah, the A16s guys.

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Exactly.

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Those are the co-founders of that big venture capital firm,

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A16s.

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And they're talking about what it's

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been like trying to navigate the political landscape

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and what they see coming down the road.

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One of the things that really stood out to me

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was how Andreessen and Horowitz see technology

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as like this central thing to America's global strength.

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Not just some little side issue.

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Right, they're connecting it directly to economic power

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and military might.

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It's all kind of intertwined for them.

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It sounds like they're feeling way more optimistic about where

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the tech industry is headed since the election.

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Yeah, for sure.

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Andreessen even talks about waking up happier now.

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Wow.

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It's really interesting how they use this term learned

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helplessness to describe how tech founders were feeling

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under the previous administration.

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Like they just gave up.

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It's like they felt so beaten down by policies they saw

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as holding them back that they kind of lost

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their drive to innovate.

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Just totally lost their mojo.

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Yeah, exactly.

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And you can almost feel this sense of liberation

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in what they're saying now.

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Like, oh, weight's been lifted.

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Exactly.

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They don't hold back on their criticisms

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of the previous administration either.

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They definitely don't mince words.

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They even call it unprecedented in its hostility

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towards the tech industry.

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And they bring up debanking as a big example.

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Right, debanking.

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So for anyone who's not familiar with that term,

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it's basically when financial institutions are pressured

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to cut off certain businesses.

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Yeah, and what's really striking is that they're saying,

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this tactic was usually used against foreign countries.

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Like we're going to sanction you.

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Right, but Andreessen and Horowitz

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argue that it was actually used against American fintech

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and crypto companies.

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So basically targeting their own citizens.

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Yeah, it's a pretty serious accusation.

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They actually compare it to sanctions imposed

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on countries like Iran.

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Like they're saying the government basically

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sanctioned American citizens without any due process.

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Whoa.

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And then they share this story about a company that

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was trying to help out low wage workers.

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Sounds like a good thing.

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They were providing free loans, but then they

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got targeted by the CFTP, the Consumer Financial Protection

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Bureau.

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So that's where the government steps in.

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Right.

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It really makes you think about, like, who are these regulations

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actually protecting?

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Is it really about the consumer or is it something else?

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Yeah, is there another agenda at play here?

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And then they get into this whole crypto crackdown.

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Oh, yeah, which they see as another example of regulators

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kind of going overboard.

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Stifling innovation.

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Right.

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And they bring up this interesting anecdote

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about the Amish community.

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The Amish?

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What do they have to do with crypto?

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Well, it's not about crypto specifically.

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It's more about this idea of government overreach.

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You wouldn't necessarily think of the Amish

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getting involved in politics.

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Right.

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They kind of stay out of things.

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Yeah.

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But they actually supported the winning candidate

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in the recent election because they

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had been targeted for something you wouldn't expect.

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What was that?

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Selling unpasteurized milk.

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Oh, wow.

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I would not have seen that coming.

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It seems kind of random.

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But Andreessen and Horowitz connect this

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to a bigger concept.

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They call anarcho-tyranny.

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Anarcho-tyranny.

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That sounds intense.

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It is.

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It's this idea that the government focuses all

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its energy on overregulating law-abiding citizens.

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While letting the real criminals run free.

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Exactly.

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It's like they're going after the Amish for selling raw milk

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but ignoring way bigger problems.

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That's a really interesting point.

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It makes you wonder about priorities, for sure.

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Yeah.

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Where's the focus?

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And speaking of crypto, Andreessen and Horowitz

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were big backers of that pro-crypto,

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super-packed fair shake.

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Oh, yeah.

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Fair shake.

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And get this.

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They had a 52 to 6 win-loss record

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in the congressional races.

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That's impressive.

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Pretty effective.

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It shows you how much influence the crypto lobby has.

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And they emphasized that this support wasn't just

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coming from one side of the aisle.

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Right, it was a bipartisan thing.

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Which shows how much crypto can cut across party lines.

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So it's not just a Republican or Democrat issue.

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Exactly.

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And they even mentioned that a bunch of Democrats

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defied their own party.

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And even a potential veto threat from the White House

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to support this FIT21 bill.

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FIT21.

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Yeah, it stands for the Financial Innovation

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Technology for the 21st Century Act.

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OK, so what's the big deal about this bill?

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I'll admit, I'm not super up to speed on all the ins

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and outs of crypto legislation.

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Well, FIT21 was all about trying to create

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some clear regulations for the crypto world.

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So trying to bring some order to the chaos.

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Exactly.

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Like figuring out is something a commodity or a security.

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Because that's a big question, right?

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Is it a currency?

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Is it an investment?

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No one seems to know.

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Right, and that's where the SEC comes in.

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The Securities and Exchange Commission.

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Yeah, and they were actually pushing back against this bill.

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So they didn't like it.

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They opposed it, which raises some interesting questions

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about what their motives were.

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Were they really trying to protect investors?

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Or were they trying to stifle a potential competitor

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to the traditional financial system?

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It's like they saw crypto as a threat.

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Possibly.

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It's something to think about.

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Definitely makes you wonder.

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So it sounds like it's not just about the regulations

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themselves.

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It's about who's pushing for them and why.

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Right, it adds a whole other layer

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of complexity to the debate.

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For sure.

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But Andreessen and Horowitz aren't just

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focused on the regulatory side of things.

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They also make this really strong case

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for how crypto can promote financial equity.

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Yeah, they point to the fact that black Americans,

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for example, have a higher rate of crypto ownership

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than other asset classes.

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So they're actually getting in on the ground floor.

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Which suggests that crypto could be

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a way for historically marginalized communities

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to build wealth and get ahead.

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That's a really powerful idea.

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It challenges the perception that crypto

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is just for tech bros and wealthy investors.

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Exactly.

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It has the potential to be much more inclusive than that.

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So while some people might see crypto

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as this risky Wild West kind of thing,

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Andreessen and Horowitz are saying, hold on,

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there's a bigger picture here.

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It's about leveling the playing field

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and creating opportunities for everyone.

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Which, if you think about it, ties back

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into their whole idea that tech is about more than just

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profits.

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It can have a real social impact.

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Absolutely.

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It's not just about making money.

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It's about making a difference.

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OK, so we've covered crypto.

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What about AI?

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That's another area where things are moving so fast.

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What do Andreessen and Horowitz have to say about AI policy?

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Well, they see AI policy as this really crucial moment right now.

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There's a lot of concern about what

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they call regulatory capture.

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Regulatory capture.

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Yeah, it's basically where the big tech companies

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try to use regulations to stifle competition

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and maintain their power.

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Ah, so it's like they're rigging the game in their favor.

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Exactly.

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They're trying to use the government

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to squash the little guy before they can even get started.

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Not cool.

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Not cool at all.

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And then there's this whole debate

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about the precautionary principle.

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It's this idea that we should put strict regulations in place

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even if there's no clear evidence of harm yet.

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So like better safe than sorry.

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Yeah, but you could also argue that it could stifle innovation.

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If you're too afraid of what might happen,

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you never try anything new.

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That's a tough one.

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It's about finding that balance.

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Exactly.

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How do you encourage innovation while also protecting

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against potential downsides?

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It's a tricky question.

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And it's not just about AI itself.

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They also bring up the energy implications of all this.

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Right.

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They argue that the US energy grid might not

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be able to handle the demands of large scale AI development.

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So it's like we need an energy upgrade

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to keep up with the AI revolution.

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Exactly.

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Otherwise, we could hit a bottleneck.

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And it's not just about AI.

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It's about all the industries that AI could potentially

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transform.

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So it has this ripple effect.

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Exactly.

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And they bring up this really interesting historical

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parallel.

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Oh, I love historical parallels.

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Let's hear it.

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They talk about President Nixon's Project Independence

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back in 1971.

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Project Independence.

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Yeah, he wanted to make the US energy independent

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through nuclear power.

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Wow, that's a big goal.

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Did it work?

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Well, not really.

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What happened was they created the Nuclear Regulatory

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Commission.

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And that basically stopped the development

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of new nuclear plants for decades.

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So they're saying that overregulation actually

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backfired and made us more dependent on foreign energy

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sources?

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That's their argument.

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They see it as a missed opportunity.

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But they also think there's a chance for what they call

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a nuclear renaissance now.

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A nuclear renaissance.

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Interesting.

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Yeah, they think there's an opportunity

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to revisit those goals of energy independence, which

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could be especially important as AI development ramps up.

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It all ties together.

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Exactly.

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And if we can solve that energy problem,

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it could unleash a ton of innovation, not just in AI,

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but across the board.

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And potentially even boost national security.

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Right, because they're really focused on that as well.

279
00:08:50,640 --> 00:08:52,600
Yeah, defense tech is a big theme for them.

280
00:08:52,600 --> 00:08:54,040
How are they thinking about that?

281
00:08:54,040 --> 00:08:57,720
They're emphasizing how defense tech is changing in a major way

282
00:08:57,720 --> 00:08:58,640
because of drones.

283
00:08:58,640 --> 00:09:00,240
Drones are everywhere these days.

284
00:09:00,240 --> 00:09:02,440
Right, and it's not just about the technology itself.

285
00:09:02,440 --> 00:09:05,040
It's about how drone warfare is changing

286
00:09:05,040 --> 00:09:06,680
the whole nature of combat.

287
00:09:06,680 --> 00:09:08,200
Sounds pretty radical.

288
00:09:08,200 --> 00:09:10,880
They even tell this story about a special forces

289
00:09:10,880 --> 00:09:13,480
expert who compared the impact of drones

290
00:09:13,480 --> 00:09:15,120
to the invention of the stirrup.

291
00:09:15,120 --> 00:09:17,120
The stirrup, like for horses?

292
00:09:17,120 --> 00:09:18,600
Yeah, exactly.

293
00:09:18,600 --> 00:09:20,840
The idea is that the stirrup allowed mounted warriors

294
00:09:20,840 --> 00:09:22,400
to stand up and fire arrows.

295
00:09:22,400 --> 00:09:25,080
Ah, OK, I see where this is going.

296
00:09:25,080 --> 00:09:28,440
It completely revolutionized calorie warfare.

297
00:09:28,440 --> 00:09:30,800
And this expert is saying that drones

298
00:09:30,800 --> 00:09:33,960
are having a similar impact on modern warfare.

299
00:09:33,960 --> 00:09:35,520
So drones aren't just a cool gadget.

300
00:09:35,520 --> 00:09:37,160
They're changing the game entirely.

301
00:09:37,160 --> 00:09:40,520
Right, but that comes with its own risks.

302
00:09:40,520 --> 00:09:41,920
Andreessen and Horowitz are warning

303
00:09:41,920 --> 00:09:43,640
about the dangers of relying on drones

304
00:09:43,640 --> 00:09:46,200
made by foreign countries, especially China.

305
00:09:46,200 --> 00:09:47,400
Oh, I see where this is going.

306
00:09:47,400 --> 00:09:48,900
They're worried that we should become

307
00:09:48,900 --> 00:09:50,680
dependent on a potential adversary

308
00:09:50,680 --> 00:09:52,520
for a crucial military technology.

309
00:09:52,520 --> 00:09:53,000
Makes sense.

310
00:09:53,000 --> 00:09:54,760
We don't want to be caught with our pants down

311
00:09:54,760 --> 00:09:55,680
if things heat up.

312
00:09:55,680 --> 00:09:57,640
They actually draw a parallel to pagers.

313
00:09:57,640 --> 00:09:58,280
Pagers?

314
00:09:58,280 --> 00:10:00,000
Wow, going way back.

315
00:10:00,000 --> 00:10:02,400
Remember how those were all the rage back in the day?

316
00:10:02,400 --> 00:10:03,840
Well, they say that a lot of those pagers

317
00:10:03,840 --> 00:10:05,120
were actually made in China.

318
00:10:05,120 --> 00:10:06,040
Really?

319
00:10:06,040 --> 00:10:06,800
I had no idea.

320
00:10:06,800 --> 00:10:09,600
And they paint this scenario where American troops are

321
00:10:09,600 --> 00:10:13,200
relying on Chinese-made drones, and then in a conflict,

322
00:10:13,200 --> 00:10:15,080
that technology gets turned against them.

323
00:10:15,080 --> 00:10:16,640
Hey, Ike.

324
00:10:16,640 --> 00:10:18,080
That's not a good situation.

325
00:10:18,080 --> 00:10:19,360
Not at all.

326
00:10:19,360 --> 00:10:21,460
So they're arguing for the importance of investing

327
00:10:21,460 --> 00:10:23,320
in our own domestic drone industry.

328
00:10:23,320 --> 00:10:25,160
We need to control our own destiny.

329
00:10:25,160 --> 00:10:25,920
Exactly.

330
00:10:25,920 --> 00:10:26,400
Yeah.

331
00:10:26,400 --> 00:10:28,440
And that idea of technological independence

332
00:10:28,440 --> 00:10:30,480
goes way beyond just defense.

333
00:10:30,480 --> 00:10:33,440
Right, it's about ensuring that the US remains

334
00:10:33,440 --> 00:10:35,960
a leader in innovation across the board.

335
00:10:35,960 --> 00:10:38,580
It's about shaping the future, not just reacting to it.

336
00:10:38,580 --> 00:10:39,960
Absolutely.

337
00:10:39,960 --> 00:10:42,080
And that brings us to this really crucial point

338
00:10:42,080 --> 00:10:44,360
that Andreessen and Horowitz make,

339
00:10:44,360 --> 00:10:46,960
the need to win in technology.

340
00:10:46,960 --> 00:10:47,880
Winning?

341
00:10:47,880 --> 00:10:49,600
But what does that even mean?

342
00:10:49,600 --> 00:10:52,620
Is it just about economic dominance or military power?

343
00:10:52,620 --> 00:10:54,840
Or is there something even bigger than that at play?

344
00:10:54,840 --> 00:10:56,080
Well, that's a question we'll need

345
00:10:56,080 --> 00:10:58,120
to explore further in part two of our deep dive.

346
00:10:58,120 --> 00:11:00,320
They definitely seem to think it's about something more

347
00:11:00,320 --> 00:11:03,680
profound than just having the most gadgets or the biggest

348
00:11:03,680 --> 00:11:04,660
companies.

349
00:11:04,660 --> 00:11:06,520
They have a whole philosophical perspective

350
00:11:06,520 --> 00:11:09,200
on what it means to win in technology.

351
00:11:09,200 --> 00:11:11,520
Stay tuned for part two, where we'll dig into all that

352
00:11:11,520 --> 00:11:14,760
and what it might mean for you.

353
00:11:14,760 --> 00:11:17,880
Welcome back for part two of our deep dive.

354
00:11:17,880 --> 00:11:19,920
Last time we left off talking about this idea

355
00:11:19,920 --> 00:11:21,600
of winning in technology.

356
00:11:21,600 --> 00:11:23,200
Right, like what does that actually mean?

357
00:11:23,200 --> 00:11:26,120
It felt like they were hinting at something more than just

358
00:11:26,120 --> 00:11:29,400
having the fastest computers or launching the most satellites.

359
00:11:29,400 --> 00:11:30,520
Exactly.

360
00:11:30,520 --> 00:11:33,980
And they're arguing it's not even just about being ahead

361
00:11:33,980 --> 00:11:36,080
in the tech race for its own sake.

362
00:11:36,080 --> 00:11:38,440
They're really connecting it to national security.

363
00:11:38,440 --> 00:11:40,880
Which is something they keep bringing up over and over again.

364
00:11:40,880 --> 00:11:42,360
Right, it's a major theme for them.

365
00:11:42,360 --> 00:11:45,560
So it's like that drone example we were talking about.

366
00:11:45,560 --> 00:11:47,800
If we're not building our own drones,

367
00:11:47,800 --> 00:11:50,020
we end up relying on other countries,

368
00:11:50,020 --> 00:11:51,480
and that puts us at risk.

369
00:11:51,480 --> 00:11:52,400
Exactly.

370
00:11:52,400 --> 00:11:54,600
And they take that idea and make it even bigger.

371
00:11:54,600 --> 00:11:57,180
They're saying that the US needs to be way more proactive when

372
00:11:57,180 --> 00:11:59,280
it comes to tech policy overall.

373
00:11:59,280 --> 00:12:01,720
So like not just reacting to what other countries are doing.

374
00:12:01,720 --> 00:12:02,440
Right.

375
00:12:02,440 --> 00:12:03,760
Be more assertive.

376
00:12:03,760 --> 00:12:05,400
Take charge.

377
00:12:05,400 --> 00:12:08,840
They see technological leadership as like this key thing.

378
00:12:08,840 --> 00:12:11,680
It's tied to economic power and military power.

379
00:12:11,680 --> 00:12:12,600
It's all connected.

380
00:12:12,600 --> 00:12:13,680
Exactly.

381
00:12:13,680 --> 00:12:15,660
And they're contrasting this with what

382
00:12:15,660 --> 00:12:18,120
they see is the previous administration's approach,

383
00:12:18,120 --> 00:12:19,200
which is much more hesitant.

384
00:12:19,200 --> 00:12:21,000
Like they were playing it too safe.

385
00:12:21,000 --> 00:12:23,440
Yeah, like they were too worried about the risks,

386
00:12:23,440 --> 00:12:25,600
and that ended up holding the US back.

387
00:12:25,600 --> 00:12:29,000
So they're saying we need to be bolder, take some chances.

388
00:12:29,000 --> 00:12:31,120
Calculated risks, of course.

389
00:12:31,120 --> 00:12:33,080
But yeah, be willing to push the boundaries.

390
00:12:33,080 --> 00:12:34,800
And it sounds like they're pretty optimistic

391
00:12:34,800 --> 00:12:36,320
about the new administration.

392
00:12:36,320 --> 00:12:38,840
They seem to think that there's a much better understanding

393
00:12:38,840 --> 00:12:40,440
of the importance of technology now.

394
00:12:40,440 --> 00:12:41,760
Like the new administration gets it.

395
00:12:41,760 --> 00:12:44,240
Yeah, they're more receptive to this idea of the US needing

396
00:12:44,240 --> 00:12:45,760
to be a leader in tech.

397
00:12:45,760 --> 00:12:47,520
But they also acknowledge that Washington

398
00:12:47,520 --> 00:12:49,800
can be a really tough place to navigate,

399
00:12:49,800 --> 00:12:51,600
especially when you're talking about something

400
00:12:51,600 --> 00:12:53,040
as complex as technology.

401
00:12:53,040 --> 00:12:54,400
Oh yeah, for sure.

402
00:12:54,400 --> 00:12:57,240
There are so many different players and interests

403
00:12:57,240 --> 00:12:58,480
and perspectives.

404
00:12:58,480 --> 00:13:00,040
It can be a real maze.

405
00:13:00,040 --> 00:13:02,560
So how do we even begin to make progress?

406
00:13:02,560 --> 00:13:04,120
Well, they argue that the tech industry

407
00:13:04,120 --> 00:13:06,840
needs to be way more involved in shaping policy.

408
00:13:06,840 --> 00:13:08,920
So they're saying Silicon Valley needs to step up.

409
00:13:08,920 --> 00:13:09,880
Exactly.

410
00:13:09,880 --> 00:13:11,420
They can't just sit on the sidelines

411
00:13:11,420 --> 00:13:13,320
and complain about regulations.

412
00:13:13,320 --> 00:13:14,920
They need to be active participants

413
00:13:14,920 --> 00:13:16,000
in these conversations.

414
00:13:16,000 --> 00:13:18,520
Go to DC and make their voices heard.

415
00:13:18,520 --> 00:13:20,560
Yeah, be part of the solution.

416
00:13:20,560 --> 00:13:22,920
And they're emphasizing that this

417
00:13:22,920 --> 00:13:25,320
isn't about partisan politics.

418
00:13:25,320 --> 00:13:28,520
So it's not just a Democrat versus Republican thing.

419
00:13:28,520 --> 00:13:30,440
Right, it's about finding common ground

420
00:13:30,440 --> 00:13:32,720
on issues like supporting innovation

421
00:13:32,720 --> 00:13:34,360
and boosting American competitiveness.

422
00:13:34,360 --> 00:13:35,880
Things that everyone can agree on.

423
00:13:35,880 --> 00:13:37,240
Exactly.

424
00:13:37,240 --> 00:13:38,760
They believe there's a lot of potential

425
00:13:38,760 --> 00:13:41,560
for bipartisan cooperation when it comes to tech policy.

426
00:13:41,560 --> 00:13:44,520
OK, so that's what winning might look like from a policy

427
00:13:44,520 --> 00:13:45,840
perspective.

428
00:13:45,840 --> 00:13:47,760
But I'm curious, what does all this

429
00:13:47,760 --> 00:13:50,880
mean for the average person?

430
00:13:50,880 --> 00:13:52,200
That's a great question.

431
00:13:52,200 --> 00:13:53,600
And I think Andreessen and Horowitz

432
00:13:53,600 --> 00:13:55,960
would say that technology isn't just some abstract thing

433
00:13:55,960 --> 00:13:56,560
anymore.

434
00:13:56,560 --> 00:13:58,640
It's affecting every aspect of our lives.

435
00:13:58,640 --> 00:13:59,520
It's everywhere.

436
00:13:59,520 --> 00:14:00,200
Exactly.

437
00:14:00,200 --> 00:14:02,760
It's shaping our economy, our national security,

438
00:14:02,760 --> 00:14:04,320
our everyday experiences.

439
00:14:04,320 --> 00:14:08,000
So even if you're not a tech CEO or a politician,

440
00:14:08,000 --> 00:14:09,400
this stuff matters.

441
00:14:09,400 --> 00:14:10,480
Absolutely.

442
00:14:10,480 --> 00:14:14,520
The decisions being made about AI, crypto, all of it,

443
00:14:14,520 --> 00:14:18,040
it's going to impact all of us, whether we realize it or not.

444
00:14:18,040 --> 00:14:19,240
It's going to trickle down.

445
00:14:19,240 --> 00:14:21,320
Yeah, it's going to affect the jobs that are available,

446
00:14:21,320 --> 00:14:24,240
the prices we pay for things, even our personal privacy.

447
00:14:24,240 --> 00:14:26,760
So it's not just something for the techies to worry about.

448
00:14:26,760 --> 00:14:27,360
Right.

449
00:14:27,360 --> 00:14:29,400
It's something we all need to be paying attention to

450
00:14:29,400 --> 00:14:30,320
and engaging with.

451
00:14:30,320 --> 00:14:32,760
Because ultimately, the future of technology

452
00:14:32,760 --> 00:14:35,400
isn't just being decided in Silicon Valley or in Washington.

453
00:14:35,400 --> 00:14:36,880
It's being shaped by all of us.

454
00:14:36,880 --> 00:14:38,080
It's a collective effort.

455
00:14:38,080 --> 00:14:39,160
Exactly.

456
00:14:39,160 --> 00:14:43,600
And that's where I think their emphasis on optimism comes in.

457
00:14:43,600 --> 00:14:46,400
They're saying that despite all the challenges,

458
00:14:46,400 --> 00:14:48,520
there's still so much to be excited about when

459
00:14:48,520 --> 00:14:49,920
it comes to technology.

460
00:14:49,920 --> 00:14:51,720
They really believe in its potential.

461
00:14:51,720 --> 00:14:54,680
They see it as a powerful force for good.

462
00:14:54,680 --> 00:14:56,920
They believe that technology can help us solve some

463
00:14:56,920 --> 00:14:58,480
of the world's biggest problems.

464
00:14:58,480 --> 00:15:00,360
Like, what kinds of things are they talking about?

465
00:15:00,360 --> 00:15:02,280
Well, they mentioned climate change, for example.

466
00:15:02,280 --> 00:15:03,160
That's a big one.

467
00:15:03,160 --> 00:15:05,360
Yeah, and disease and poverty.

468
00:15:05,360 --> 00:15:07,200
They think technology can be a tool

469
00:15:07,200 --> 00:15:10,120
to tackle these huge issues and make a real difference.

470
00:15:10,120 --> 00:15:12,480
So it's not just about making our lives more convenient

471
00:15:12,480 --> 00:15:13,400
or entertaining.

472
00:15:13,400 --> 00:15:13,720
Right.

473
00:15:13,720 --> 00:15:15,520
It's about something much bigger than that.

474
00:15:15,520 --> 00:15:17,320
It's about making the world a better place.

475
00:15:17,320 --> 00:15:18,520
Exactly.

476
00:15:18,520 --> 00:15:21,320
But they also acknowledge that it's not a guaranteed win.

477
00:15:21,320 --> 00:15:22,440
There are risks involved.

478
00:15:22,440 --> 00:15:24,320
Yeah, there are definitely potential downsides.

479
00:15:24,320 --> 00:15:24,840
Yeah.

480
00:15:24,840 --> 00:15:27,840
We need to be smart about how we develop and use technology.

481
00:15:27,840 --> 00:15:30,240
We can't just assume it's all going to work out perfectly.

482
00:15:30,240 --> 00:15:30,720
Right.

483
00:15:30,720 --> 00:15:33,240
We need to be mindful of the ethical implications,

484
00:15:33,240 --> 00:15:35,120
the potential for misuse, all of that.

485
00:15:35,120 --> 00:15:37,880
So it's not about just blindly embracing technology.

486
00:15:37,880 --> 00:15:38,600
Exactly.

487
00:15:38,600 --> 00:15:41,840
It's about being thoughtful and intentional

488
00:15:41,840 --> 00:15:43,160
about how we approach it.

489
00:15:43,160 --> 00:15:44,360
Using it responsibly.

490
00:15:44,360 --> 00:15:44,960
Exactly.

491
00:15:44,960 --> 00:15:47,640
And I think that's a really important message.

492
00:15:47,640 --> 00:15:49,480
It's not about being anti-technology

493
00:15:49,480 --> 00:15:51,760
or being afraid of progress.

494
00:15:51,760 --> 00:15:54,560
It's about being aware of the potential risks

495
00:15:54,560 --> 00:15:56,040
and working to mitigate them.

496
00:15:56,040 --> 00:15:57,280
So it's like a balancing act.

497
00:15:57,280 --> 00:15:57,760
Yeah.

498
00:15:57,760 --> 00:16:00,800
Finding that sweet spot between innovation and responsibility.

499
00:16:00,800 --> 00:16:03,000
And they believe that if we get that balance right,

500
00:16:03,000 --> 00:16:05,240
we can really create a better future.

501
00:16:05,240 --> 00:16:08,480
A future where technology is used to uplift and empower

502
00:16:08,480 --> 00:16:10,840
everyone, not just a select few.

503
00:16:10,840 --> 00:16:14,240
OK, so we've talked about what winning in technology

504
00:16:14,240 --> 00:16:16,520
might look like from a policy perspective.

505
00:16:16,520 --> 00:16:19,320
And we talked about what it might mean for society

506
00:16:19,320 --> 00:16:20,480
as a whole.

507
00:16:20,480 --> 00:16:22,880
But I'm wondering, what does it look like on an individual

508
00:16:22,880 --> 00:16:23,560
level?

509
00:16:23,560 --> 00:16:25,320
That's a great question.

510
00:16:25,320 --> 00:16:28,160
And one way to think about it is in terms

511
00:16:28,160 --> 00:16:31,280
of this idea of a more decentralized and democratized

512
00:16:31,280 --> 00:16:31,800
world.

513
00:16:31,800 --> 00:16:33,800
Like giving more power to individuals.

514
00:16:33,800 --> 00:16:34,520
Exactly.

515
00:16:34,520 --> 00:16:36,400
And they highlight a few specific areas

516
00:16:36,400 --> 00:16:38,080
where this is already happening.

517
00:16:38,080 --> 00:16:39,480
One is biotechnology.

518
00:16:39,480 --> 00:16:39,960
Oh, yeah.

519
00:16:39,960 --> 00:16:41,720
That's a field that's moving so fast.

520
00:16:41,720 --> 00:16:44,160
Think about all the advancements we're seeing in gene editing,

521
00:16:44,160 --> 00:16:46,000
personalized medicine, all that.

522
00:16:46,000 --> 00:16:47,840
They believe we're on the verge of being

523
00:16:47,840 --> 00:16:52,200
able to cure diseases that were once thought to be incurable.

524
00:16:52,200 --> 00:16:53,080
That's incredible.

525
00:16:53,080 --> 00:16:55,320
It's like science fiction becoming reality.

526
00:16:55,320 --> 00:16:56,160
It really is.

527
00:16:56,160 --> 00:16:56,640
Yeah.

528
00:16:56,640 --> 00:16:58,360
And it's not just about curing diseases.

529
00:16:58,360 --> 00:17:01,480
It's about extending lifespans, improving quality of life,

530
00:17:01,480 --> 00:17:02,800
all sorts of possibilities.

531
00:17:02,800 --> 00:17:05,000
And AI is playing a big role in all this, right?

532
00:17:05,000 --> 00:17:05,920
Huge role.

533
00:17:05,920 --> 00:17:08,960
It's helping us analyze data, develop new treatments,

534
00:17:08,960 --> 00:17:11,240
really push the boundaries of what's possible.

535
00:17:11,240 --> 00:17:14,040
It's like having a super-powered research assistant.

536
00:17:14,040 --> 00:17:14,960
Exactly.

537
00:17:14,960 --> 00:17:16,560
And then there's education.

538
00:17:16,560 --> 00:17:18,560
They talk about how online learning platforms

539
00:17:18,560 --> 00:17:21,080
and AI-powered tutors are making education

540
00:17:21,080 --> 00:17:23,720
more accessible and effective than ever before.

541
00:17:23,720 --> 00:17:25,920
So you don't have to go to a fancy school

542
00:17:25,920 --> 00:17:27,040
to get a good education.

543
00:17:27,040 --> 00:17:27,540
Right.

544
00:17:27,540 --> 00:17:30,960
You can learn from anywhere in the world at your own pace.

545
00:17:30,960 --> 00:17:32,880
It's about giving everyone the opportunity

546
00:17:32,880 --> 00:17:34,480
to reach their full potential.

547
00:17:34,480 --> 00:17:35,400
I love that idea.

548
00:17:35,400 --> 00:17:37,160
It's like democratizing knowledge.

549
00:17:37,160 --> 00:17:38,320
Exactly.

550
00:17:38,320 --> 00:17:40,120
And then there's the way we work.

551
00:17:40,120 --> 00:17:43,200
We're seeing the rise of the gig economy, remote work,

552
00:17:43,200 --> 00:17:46,040
becoming more common people, using technology

553
00:17:46,040 --> 00:17:48,400
to create their own businesses and pursue their passions.

554
00:17:48,400 --> 00:17:50,520
It's like the old rules of work are being rewritten.

555
00:17:50,520 --> 00:17:51,120
Exactly.

556
00:17:51,120 --> 00:17:53,000
And they call this the creator economy

557
00:17:53,000 --> 00:17:54,640
and the passion economy.

558
00:17:54,640 --> 00:17:57,680
It's about having more control over your work and your life.

559
00:17:57,680 --> 00:17:59,360
More freedom and flexibility.

560
00:17:59,360 --> 00:18:00,160
Exactly.

561
00:18:00,160 --> 00:18:02,120
And technology is enabling that shift.

562
00:18:02,120 --> 00:18:04,880
So it's like a more decentralized and democratized

563
00:18:04,880 --> 00:18:08,320
economy, which could be really empowering for individuals.

564
00:18:08,320 --> 00:18:09,720
They believe it has the potential

565
00:18:09,720 --> 00:18:12,000
to create a lot more opportunity for everyone.

566
00:18:12,000 --> 00:18:14,200
But of course, all of this comes with its own set

567
00:18:14,200 --> 00:18:15,200
of challenges.

568
00:18:15,200 --> 00:18:16,600
Oh, yeah, for sure.

569
00:18:16,600 --> 00:18:19,560
There are definitely risks and concerns that we can't ignore.

570
00:18:19,560 --> 00:18:21,680
Like, what kinds of things are they worried about?

571
00:18:21,680 --> 00:18:24,160
Well, job displacement, for one.

572
00:18:24,160 --> 00:18:27,560
As automation and AI become more sophisticated,

573
00:18:27,560 --> 00:18:30,800
there's a real possibility that some jobs will be eliminated.

574
00:18:30,800 --> 00:18:33,520
Yeah, that's a scary thought for a lot of people.

575
00:18:33,520 --> 00:18:35,720
And then there's data privacy.

576
00:18:35,720 --> 00:18:37,920
As we generate more and more data,

577
00:18:37,920 --> 00:18:39,920
there's a risk that it could be misused

578
00:18:39,920 --> 00:18:41,200
or fall into the wrong hands.

579
00:18:41,200 --> 00:18:44,000
Which could have serious consequences

580
00:18:44,000 --> 00:18:45,600
for our privacy and security.

581
00:18:45,600 --> 00:18:46,520
Exactly.

582
00:18:46,520 --> 00:18:48,040
And then there's the potential for AI

583
00:18:48,040 --> 00:18:49,880
to be used for harmful purposes.

584
00:18:49,880 --> 00:18:53,000
Like autonomous weapons systems or surveillance technologies.

585
00:18:53,000 --> 00:18:53,280
Right.

586
00:18:53,280 --> 00:18:56,000
We need to be very careful about how we develop and deploy

587
00:18:56,000 --> 00:18:57,560
these powerful technologies.

588
00:18:57,560 --> 00:18:59,960
So it's not all sunshine and roses.

589
00:18:59,960 --> 00:19:00,840
Definitely not.

590
00:19:00,840 --> 00:19:01,360
Right.

591
00:19:01,360 --> 00:19:03,480
But Andreessen and Horowitz are arguing that we

592
00:19:03,480 --> 00:19:05,960
shouldn't let fear paralyze us.

593
00:19:05,960 --> 00:19:07,560
We can't just stick our heads in the sand.

594
00:19:07,560 --> 00:19:08,040
Right.

595
00:19:08,040 --> 00:19:10,000
We need to acknowledge the risks,

596
00:19:10,000 --> 00:19:12,240
but also embrace the potential for good.

597
00:19:12,240 --> 00:19:14,240
So it's about finding that balance again.

598
00:19:14,240 --> 00:19:15,200
Exactly.

599
00:19:15,200 --> 00:19:17,440
And they believe that if we approach technology

600
00:19:17,440 --> 00:19:21,320
with the right mindset, we can overcome these challenges

601
00:19:21,320 --> 00:19:25,080
and create a future that's truly beneficial for humanity.

602
00:19:25,080 --> 00:19:27,120
So it all comes back to optimism.

603
00:19:27,120 --> 00:19:27,640
Yeah.

604
00:19:27,640 --> 00:19:29,520
They're really emphasizing the importance

605
00:19:29,520 --> 00:19:31,440
of having a positive and forward looking

606
00:19:31,440 --> 00:19:32,840
perspective on technology.

607
00:19:32,840 --> 00:19:34,600
It's about shaping the future we want,

608
00:19:34,600 --> 00:19:37,040
not just reacting to the one that's coming at us.

609
00:19:37,040 --> 00:19:38,240
Exactly.

610
00:19:38,240 --> 00:19:40,600
And I think that's a really powerful message.

611
00:19:40,600 --> 00:19:42,440
It's a call to action for all of us

612
00:19:42,440 --> 00:19:46,880
to be engaged and informed and hopeful about the possibilities

613
00:19:46,880 --> 00:19:47,680
that lie ahead.

614
00:19:47,680 --> 00:19:48,180
Wow.

615
00:19:48,180 --> 00:19:49,600
We've really gone deep on this one.

616
00:19:49,600 --> 00:19:51,320
Everything from government regulations

617
00:19:51,320 --> 00:19:53,560
to the future of AI.

618
00:19:53,560 --> 00:19:55,600
And don't forget that whole philosophical debate

619
00:19:55,600 --> 00:19:56,880
about winning in technology.

620
00:19:56,880 --> 00:19:58,200
Oh, right, right.

621
00:19:58,200 --> 00:20:00,480
What does that even mean in the grand scheme of things?

622
00:20:00,480 --> 00:20:01,440
Exactly.

623
00:20:01,440 --> 00:20:04,360
And as we wrap up, Andreessen and Horowitz really

624
00:20:04,360 --> 00:20:06,000
push us to think even bigger.

625
00:20:06,000 --> 00:20:08,560
They're asking, what does winning in technology

626
00:20:08,560 --> 00:20:10,120
ultimately mean for humanity?

627
00:20:10,120 --> 00:20:10,400
Yeah.

628
00:20:10,400 --> 00:20:12,280
Is it just about being the richest country

629
00:20:12,280 --> 00:20:14,280
or having the most powerful military?

630
00:20:14,280 --> 00:20:15,600
Or is it something more than that?

631
00:20:15,600 --> 00:20:15,920
Right.

632
00:20:15,920 --> 00:20:17,520
And I think they're definitely hinting at something much

633
00:20:17,520 --> 00:20:18,080
bigger.

634
00:20:18,080 --> 00:20:18,580
Yeah.

635
00:20:18,580 --> 00:20:21,040
In the last part, they talked about using technology

636
00:20:21,040 --> 00:20:23,880
to solve problems like climate change and poverty.

637
00:20:23,880 --> 00:20:24,560
Right.

638
00:20:24,560 --> 00:20:26,240
They seem to believe that technology

639
00:20:26,240 --> 00:20:30,680
can be this incredibly powerful force for progress.

640
00:20:30,680 --> 00:20:32,080
Not just for making profits.

641
00:20:32,080 --> 00:20:32,680
Yeah, exactly.

642
00:20:32,680 --> 00:20:35,320
It's about improving the world for everyone.

643
00:20:35,320 --> 00:20:38,480
So it's not just about a Mick Schrecker being number one.

644
00:20:38,480 --> 00:20:41,200
It's about using our technological leadership

645
00:20:41,200 --> 00:20:42,640
to benefit all of humanity.

646
00:20:42,640 --> 00:20:45,080
Which brings to mind that whole competition with China

647
00:20:45,080 --> 00:20:46,040
that they keep talking about.

648
00:20:46,040 --> 00:20:46,520
Oh, yeah.

649
00:20:46,520 --> 00:20:47,520
That's a big one for them.

650
00:20:47,520 --> 00:20:48,920
They make it sound like it's more

651
00:20:48,920 --> 00:20:51,680
than just a typical geopolitical rivalry.

652
00:20:51,680 --> 00:20:53,480
It's like this clash of values.

653
00:20:53,480 --> 00:20:54,000
Right.

654
00:20:54,000 --> 00:20:56,840
They see the US as representing freedom and openness

655
00:20:56,840 --> 00:20:57,880
and democracy.

656
00:20:57,880 --> 00:21:00,920
While China represents a more controlled and authoritarian

657
00:21:00,920 --> 00:21:01,480
approach.

658
00:21:01,480 --> 00:21:04,200
And they argue that whoever wins this competition

659
00:21:04,200 --> 00:21:06,320
is going to have a huge impact on the future

660
00:21:06,320 --> 00:21:07,480
of the whole world.

661
00:21:07,480 --> 00:21:08,720
So the stakes are pretty high.

662
00:21:08,720 --> 00:21:09,960
Super high.

663
00:21:09,960 --> 00:21:11,920
It's not just about who has the best gadgets

664
00:21:11,920 --> 00:21:13,000
or the biggest economy.

665
00:21:13,000 --> 00:21:15,240
It's about what kind of world we want to live in.

666
00:21:15,240 --> 00:21:17,520
What kind of future we want to create for ourselves

667
00:21:17,520 --> 00:21:19,040
and for generations to come.

668
00:21:19,040 --> 00:21:21,360
And I think that's a really important takeaway for everyone

669
00:21:21,360 --> 00:21:22,280
listening.

670
00:21:22,280 --> 00:21:24,960
The choices we make about technology today

671
00:21:24,960 --> 00:21:28,840
aren't just about some abstract political debate.

672
00:21:28,840 --> 00:21:31,000
They're going to have real world consequences.

673
00:21:31,000 --> 00:21:32,960
They're going to shape the kind of society we live in,

674
00:21:32,960 --> 00:21:34,400
the kind of opportunities we have,

675
00:21:34,400 --> 00:21:36,000
the kind of freedoms we enjoy.

676
00:21:36,000 --> 00:21:37,440
It's about shaping our destiny.

677
00:21:37,440 --> 00:21:38,520
Exactly.

678
00:21:38,520 --> 00:21:41,440
So what does all of this mean for you, the listener?

679
00:21:41,440 --> 00:21:44,200
We've explored some really complex topics today.

680
00:21:44,200 --> 00:21:45,880
I heard some pretty strong opinions.

681
00:21:45,880 --> 00:21:47,360
So what are you walking away with?

682
00:21:47,360 --> 00:21:48,760
What's sticking with you?

683
00:21:48,760 --> 00:21:51,840
Hopefully a better understanding of just how powerful technology

684
00:21:51,840 --> 00:21:52,400
is.

685
00:21:52,400 --> 00:21:55,480
And how important it is to be engaged in these conversations.

686
00:21:55,480 --> 00:21:58,000
Even if you don't consider yourself a tech person.

687
00:21:58,000 --> 00:22:01,440
Because like we've been saying, the stuff affects all of us.

688
00:22:01,440 --> 00:22:03,560
And the decisions that are being made right now

689
00:22:03,560 --> 00:22:06,080
are going to have a ripple effect for years to come.

690
00:22:06,080 --> 00:22:09,280
So Andreessen and Horowitz are issuing a call to action.

691
00:22:09,280 --> 00:22:13,080
Be informed, be engaged, be optimistic.

692
00:22:13,080 --> 00:22:14,600
Don't be afraid of the future.

693
00:22:14,600 --> 00:22:15,680
Embrace it.

694
00:22:15,680 --> 00:22:16,360
Shape it.

695
00:22:16,360 --> 00:22:18,000
Because the future is not set in stone.

696
00:22:18,000 --> 00:22:21,040
We have the power to create the world we want to see.

697
00:22:21,040 --> 00:22:22,840
And that's a pretty empowering thought.

698
00:22:22,840 --> 00:22:23,360
It is.

699
00:22:23,360 --> 00:22:26,760
It's a reminder that we're not just passive bystanders.

700
00:22:26,760 --> 00:22:28,440
We all have a role to play in shaping

701
00:22:28,440 --> 00:22:29,840
the future of technology.

702
00:22:29,840 --> 00:22:32,880
And that future has the potential to be amazing.

703
00:22:32,880 --> 00:22:33,640
If we do it right.

704
00:22:33,640 --> 00:22:34,960
So let's do it right.

705
00:22:34,960 --> 00:22:37,160
Let's use technology to solve problems,

706
00:22:37,160 --> 00:22:40,680
to create opportunities, to build a better world for everyone.

707
00:22:40,680 --> 00:22:41,240
I'm in.

708
00:22:41,240 --> 00:22:42,240
Me too.

709
00:22:42,240 --> 00:22:44,080
Thanks for joining us for this deep dive.

710
00:22:44,080 --> 00:23:07,440
We'll see you next time.

