Paul Krugman: Economics of Innovation, Automation, Safety Nets & Universal Basic Income
Lex Fridman Podcast21 Tammi 2020

Paul Krugman: Economics of Innovation, Automation, Safety Nets & Universal Basic Income

Paul Krugman is a Nobel Prize winner in economics, professor at CUNY, and columnist at the New York Times. His academic work centers around international economics, economic geography, liquidity traps, and currency crises.

This conversation is part of the Artificial Intelligence podcast. If you would like to get more information about this podcast go to https://lexfridman.com/ai or connect with @lexfridman on Twitter, LinkedIn, Facebook, Medium, or YouTube where you can watch the video versions of these conversations. If you enjoy the podcast, please rate it 5 stars on Apple Podcasts, follow on Spotify, or support it on Patreon.

This episode is presented by Cash App. Download it (App Store, Google Play), use code “LexPodcast”.

Here’s the outline of the episode. On some podcast players you should be able to click the timestamp to jump to that time.

00:00 – Introduction
03:44 – Utopia from an economics perspective
04:51 – Competition
06:33 – Well-informed citizen
07:52 – Disagreements in economics
09:57 – Metrics of outcomes
13:00 – Safety nets
15:54 – Invisible hand of the market
21:43 – Regulation of tech sector
22:48 – Automation
25:51 – Metric of productivity
30:35 – Interaction of the economy and politics
33:48 – Universal basic income
36:40 – Divisiveness of political discourse
42:53 – Economic theories
52:25 – Starting a system on Mars from scratch
55:11 – International trade
59:08 – Writing in a time of radicalization and Twitter mobs

Jaksot(488)

#271 – Ariel Ekblaw: Space Colonization and Self-Assembling Space Megastructures

#271 – Ariel Ekblaw: Space Colonization and Self-Assembling Space Megastructures

Ariel Ekblaw is the director of the MIT Space Exploration Initiative. Please support this podcast by checking out our sponsors: – BetterHelp: https://betterhelp.com/lex to get 10% off – Coinbase: https://coinbase.com/lex to get $10 in free Bitcoin – Indeed: https://indeed.com/lex to get $75 credit – ExpressVPN: https://expressvpn.com/lexpod and use code LexPod to get 3 months free – Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil EPISODE LINKS: Ariel’s Twitter: https://twitter.com/ariel_ekblaw MIT Space Exploration Initiative: https://media.mit.edu/groups/space-exploration Books and resources mentioned: Into the Anthropocosmos (book): https://amzn.to/3CUIchM Seveneves (book): https://amzn.to/36ipd4O Endurance (book): https://amzn.to/3CYdKDJ PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (06:51) – Space exploration (15:58) – Swarm robotics and self-assembling space habitats (33:39) – Microgravity (37:56) – Deep duration space missions (43:06) – Extraterrestrial life (49:29) – Music and sports in space (56:08) – Colonizing space (1:03:28) – War in space (1:08:02) – Robots in space (1:22:43) – Commercial space exploration (1:26:21) – Future of space exploration (1:34:07) – Beauty of the universe (1:39:03) – Space cities (1:44:44) – Advice for young people (1:48:04) – Consciousness (1:49:50) – Meaning of life

23 Maalis 20221h 52min

#270 – David Wolpe: Judaism

#270 – David Wolpe: Judaism

David Wolpe is a Rabbi of Sinai Temple in Los Angeles. Please support this podcast by checking out our sponsors: – Mizzen+Main: https://mizzenandmain.com and use code LEX to get $35 off – Linode: https://linode.com/lex to get $100 free credit – SimpliSafe: https://simplisafe.com/lex and use code LEX – InsideTracker: https://insidetracker.com/lex to get 20% off – Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings EPISODE LINKS: David’s Twitter: https://twitter.com/RabbiWolpe David’s Instagram: https://instagram.com/davidjwolpe David: The Divided Heart (book): https://amzn.to/3I5cFut Why Faith Matters (book): https://amzn.to/3i7qZrT PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (14:57) – Who is God? (21:13) – Atheism (33:11) – Holocaust (38:45) – Evil (43:57) – Nihilism (47:42) – Judaism (56:36) – Marriage (1:00:27) – The Torah (1:04:33) – Gay marriage (1:13:40) – Super Bowl (1:21:34) – Religious texts (1:27:20) – Exodus (1:31:15) – Free will (1:35:23) – Consciousness (1:44:06) – Suffering (1:48:04) – Mortality (1:52:42) – Finding faith (2:00:26) – Israel and Palestine (2:07:44) – Advice for young people (2:11:04) – Books (2:14:45) – Meaning of life

16 Maalis 20222h 17min

#269 – Lee Cronin: Origin of Life, Aliens, Complexity, and Consciousness

#269 – Lee Cronin: Origin of Life, Aliens, Complexity, and Consciousness

Lee Cronin is a chemist at the University of Glasgow. Please support this podcast by checking out our sponsors: – Paperspace: https://gradient.run/lex to get $15 credit – Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil – Notion: https://notion.com/startups to get up to $1000 off team plan – Blinkist: https://blinkist.com/lex and use code LEX to get 25% off premium – Onnit: https://lexfridman.com/onnit to get up to 10% off EPISODE LINKS: Lee’s Twitter: https://twitter.com/leecronin Lee’s Website: https://www.chem.gla.ac.uk/cronin/ Chemify’s Website: https://chemify.io PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (08:31) – Life and chemistry (21:56) – Self-replicating molecules (32:19) – Origin of life (48:45) – Life on Mars (53:49) – Aliens (1:00:30) – Origin of life continued (1:07:24) – Fermi Paradox (1:17:04) – UFOs (1:25:25) – Science and authority (1:31:28) – Pickle experiment (1:34:23) – Assembly theory (2:17:22) – Free will (2:28:37) – Cellular automata (2:52:08) – Chemputation (3:09:23) – Universal programming language for chemistry (3:22:34) – Chemputer safety (3:35:15) – Automated engineering of nanomaterials (3:44:15) – Consciousness (3:53:48) – Joscha Bach (4:05:04) – Meaning of life

11 Maalis 20224h 12min

#268 – Robert Proctor: Nazi Science and Ideology

#268 – Robert Proctor: Nazi Science and Ideology

Robert Proctor is a historian of science at Stanford University. Please support this podcast by checking out our sponsors: – Theragun: https://therabody.com/lex to get 30 day trial – BetterHelp: https://betterhelp.com/lex to get 10% off – Indeed: https://indeed.com/lex to get $75 credit – Grammarly: https://grammarly.com/lex to get 20% off premium – Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings EPISODE LINKS: Robert’s Website: https://history.stanford.edu/people/robert-n-proctor The Nazi War on Cancer (book): https://amzn.to/3hjYzdZ Agnotology (book): https://amzn.to/3viS8A1 PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (09:40) – Ideology and science (21:14) – Wernher von Braun (28:21) – The scientific process (38:23) – Censorship (47:37) – Anthony Fauci (52:47) – Courage in science (1:00:07) – Tobacco industry (1:23:52) – Nazi medicine (1:34:02) – The Nazi War on Cancer (1:39:14) – Science funding (1:50:08) – Ignorance (1:57:49) – Ideology in academia (2:04:09) – Human origins (2:14:02) – Hobbies (2:21:19) – Diversity in the universe (2:24:54) – Stones (2:33:49) – Conspiracy theories (2:37:59) – Nazi impact on Soviet science (2:43:14) – Nazi tobacco industry’s denial campaign (2:47:30) – Hope for the future (2:50:04) – Meaning of life

5 Maalis 20222h 55min

#267 – Mark Zuckerberg: Meta, Facebook, Instagram, and the Metaverse

#267 – Mark Zuckerberg: Meta, Facebook, Instagram, and the Metaverse

Mark Zuckerberg is CEO of Meta, formerly Facebook. Please support this podcast by checking out our sponsors: – Paperspace: https://gradient.run/lex to get $15 credit – Coinbase: https://coinbase.com/lex to get $5 in free Bitcoin – InsideTracker: https://insidetracker.com/lex and use code Lex25 to get 25% off – ExpressVPN: https://expressvpn.com/lexpod and use code LexPod to get 3 months free – Blinkist: https://blinkist.com/lex and use code LEX to get 25% off premium EPISODE LINKS: Mark’s Facebook: https://facebook.com/zuck Mark’s Instagram: https://instagram.com/zuck Meta AI: https://ai.facebook.com/ PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (11:29) – Metaverse (31:06) – Identity in Metaverse (43:15) – Security (47:40) – Social Dilemma (1:09:46) – Instagram whistleblower (1:14:31) – Social media and mental health (1:19:56) – Censorship (1:37:05) – Translation (1:44:40) – Advice for young people (1:50:28) – Daughters (1:53:16) – Mortality (1:57:49) – Question for God (2:00:55) – Meaning of life

26 Helmi 20222h 5min

#266 – Nicole Perlroth: Cybersecurity and the Weapons of Cyberwar

#266 – Nicole Perlroth: Cybersecurity and the Weapons of Cyberwar

Nicole Perlroth is a cybersecurity journalist and author. Please support this podcast by checking out our sponsors: – Linode: https://linode.com/lex to get $100 free credit – InsideTracker: https://insidetracker.com/lex and use code Lex25 to get 25% off – Onnit: https://lexfridman.com/onnit to get up to 10% off – ROKA: https://roka.com/ and use code LEX to get 20% off your first order – Indeed: https://indeed.com/lex to get $75 credit EPISODE LINKS: Nicole’s Twitter: https://twitter.com/nicoleperlroth Nicole’s Website: https://nytimes.com/by/nicole-perlroth Nicole’s Book: https://amzn.to/3sOQjrs PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (06:54) – Zero-day vulnerability (12:55) – History of hackers (27:47) – Interviewing hackers (31:49) – Ransomware attack (44:33) – Cyberwar (57:41) – Cybersecurity (1:06:48) – Social engineering (1:23:41) – Snowden and whistleblowers (1:33:11) – NSA (1:42:58) – Fear for cyberattacks (1:50:29) – Self-censorship (1:54:50) – Advice for young people (2:00:07) – Hope for the future

20 Helmi 20222h 7min

#265 – Devon Larratt: Arm Wrestling

#265 – Devon Larratt: Arm Wrestling

Devon Larratt is a professional arm wrestler, widely considered to be one of the best of all time. Please support this podcast by checking out our sponsors: – Allform: https://allform.com/lex to get 20% off – Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings – InsideTracker: https://insidetracker.com/lex and use code Lex25 to get 25% off – ExpressVPN: https://expressvpn.com/lexpod and use code LexPod to get 3 months free – SimpliSafe: https://simplisafe.com/lex and use code LEX to get a free security camera EPISODE LINKS: Devon’s Instagram: https://instagram.com/devlarratt Devon’s YouTube: https://youtube.com/devlarratt Devon’s Facebook: https://facebook.com/devon.larratt.5 Devon’s Website: https://nolimitsarmwrestling.com/ PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (06:42) – Over the Top and John Brzenk (18:15) – Strength vs skill vs strategy (42:38) – Denis Cyplenkov (1:11:44) – Jodi Larratt (1:15:45) – Canadian Special Forces (1:20:19) – Arm wrestling (1:27:03) – Freedom arm wrestling (1:38:36) – Diet (1:46:00) – Devon vs The Mountain (1:57:30) – Mortality (2:03:03) – Aliens and robots

16 Helmi 20220s

#264 – Tim Urban: Elon Musk, Neuralink, AI, Aliens, and the Future of Humanity

#264 – Tim Urban: Elon Musk, Neuralink, AI, Aliens, and the Future of Humanity

Tim Urban is the author and illustrator of the popular blog ‘Wait But Why’. Please support this podcast by checking out our sponsors: – Audible: https://audible.com/lex to get $9.95 a month for 6 months – Paperspace: https://gradient.run/lex to get $15 credit – Coinbase: https://coinbase.com/lex to get $5 in free Bitcoin – InsideTracker: https://insidetracker.com/lex and use code Lex25 to get 25% off – NetSuite: http://netsuite.com/lex to get free product tour EPISODE LINKS: Tim’s Twitter: https://twitter.com/waitbutwhy Tim’s Website: https://waitbutwhy.com Tim’s Instagram: https://instagram.com/timurban PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (14:54) – Aliens (23:08) – The pencil problem (29:53) – Food abundance (31:57) – Extinction of human civilization (37:15) – Future politics of Mars (44:15) – SpaceX (50:15) – Elon Musk (1:15:43) – Nuclear power (1:20:09) – The higher mind (1:24:53) – Echo chambers and idea labs (1:28:05) – How our brain processes film and music (1:31:19) – Neuralink (1:39:33) – Future of physical interactions (1:43:44) – AI (1:51:04) – Free speech (1:55:07) – How to read more (2:01:49) – Spaced repetition (2:05:52) – Procrastination (2:32:44) – Goals for the future (2:38:02) – Meaning of life

13 Helmi 20222h 43min

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