#96 – Stephen Schwarzman: Going Big in Business, Investing, and AI
Lex Fridman Podcast15 Touko 2020

#96 – Stephen Schwarzman: Going Big in Business, Investing, and AI

Stephen Schwarzman is the CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with over 530 billion dollars of assets under management. He is one of the most successful business leaders in history, all from humble beginnings back in Philly. I recommend his recent book called What It Takes that tells stories and lessons from this personal journey.

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EPISODE LINKS:
What It Takes (book): https://amzn.to/2WX9cZu

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.

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

OUTLINE:
00:00 – Introduction
04:17 – Going big in business
07:34 – How to recognize an opportunity
16:00 – Solving problems that people have
25:26 – Philanthropy
32:51 – Hope for the new College of Computing at MIT
37:32 – Unintended consequences of technological innovation
42:24 – Education systems in China and United States
50:22 – American AI Initiative
59:53 – Starting a business is a rough ride
1:04:26 – Love and family

Jaksot(488)

#183 – Po-Shen Loh: Mathematics, Math Olympiad, Combinatorics & Contact Tracing

#183 – Po-Shen Loh: Mathematics, Math Olympiad, Combinatorics & Contact Tracing

Po-Shen Loh is a mathematician at CMU and coach of the USA International Math Olympiad team. Please support this podcast by checking out our sponsors: – The Jordan Harbinger Show: https://jordanharbinger.com/lex/ – Onnit: https://lexfridman.com/onnit – BetterHelp: https://betterhelp.com/lex to get 10% off – Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings – LMNT: https://drinkLMNT.com/lex to get free sample pack EPISODE LINKS: Po’s Twitter: https://twitter.com/poshenloh Po’s Website: https://www.poshenloh.com/ Daily Challenges: https://daily.poshenloh.com/ NOVID: https://www.novid.org/ 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 (08:51) – Planes and bridges (12:28) – Writing a computer game from scratch (14:54) – Programming competitions (18:28) – Math is hard (23:59) – Contact tracing that preserves privacy (1:01:16) – Math Olympiad (1:16:57) – Hard math problem (1:24:14) – Is math discovered or invented? (1:29:09) – Intelligence (1:35:59) – Math education (1:40:10) – How to learn math (1:49:06) – Combinatorics (1:52:13) – Voting trees (2:02:36) – Stochastic coalescence (2:12:23) – P=NP (2:16:39) – Tolkien and WWII (2:19:00) – Advice for young people (2:21:05) – Meaning of life

14 Touko 20212h 27min

#182 – John Danaher: The Path to Mastery in Jiu Jitsu, Grappling, Judo, and MMA

#182 – John Danaher: The Path to Mastery in Jiu Jitsu, Grappling, Judo, and MMA

John Danaher is a coach, scholar, and educator of jiu jitsu, submission grappling, judo, MMA, and the martial arts. Please support this podcast by checking out our sponsors: – Onnit: https://lexfridman.com/onnit – SimpliSafe: https://simplisafe.com/lex and use code LEX to get a free security camera – Indeed: https://indeed.com/lex to get $75 credit – Linode: https://linode.com/lex to get $100 free credit EPISODE LINKS: John’s Instagram: https://www.instagram.com/danaherjohn 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 (07:02) – Fear of death (17:18) – The path to greatness (22:57) – Judo (27:07) – Seoi nage judo throw (39:21) – Fundamentals of jiu jitsu (45:34) – Developing new techniques (53:24) – Value of training with lower belts (1:03:23) – Escaping bad positions (1:10:18) – Submissions (1:14:30) – Reinventing yourself in 5 years (1:30:38) – Drilling (1:49:10) – Leglock system (2:08:44) – How hard is it to break a leg? (2:12:52) – Greatest jiu jitsu player ever (2:17:42) – Roger Gracie (2:22:25) – Gordon Ryan (2:27:16) – Georges St-Pierre (2:36:26) – Superintelligent Robot vs Cyborg Gordon Ryan (3:12:07) – Advice to white belts (3:15:24) – What does it take to get a black belt (3:16:09) – Best martial art for street fighting (3:23:23) – Tie chokes (3:27:44) – Austin (3:32:23) – Meaning of life

9 Touko 20213h 43min

#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks

#181 – Sergey Nazarov: Chainlink, Smart Contracts, and Oracle Networks

Sergey Nazarov is the Co-Founder of Chainlink, a decentralized oracle network that provides data to smart contracts. Please support this podcast by checking out our sponsors: – Wine Access: https://wineaccess.com/lex to get 20% off first order – Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil – Magic Spoon: https://magicspoon.com/lex and use code LEX to get $5 off – Indeed: https://indeed.com/lex to get $75 credit – BetterHelp: https://betterhelp.com/lex to get 10% off EPISODE LINKS: Sergey’s Twitter: https://twitter.com/SergeyNazarov Chainlink Website: https://chain.link/ 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 (07:56) – Hedgy (08:22) – Digital vs physical world (16:16) – Definitive truth (20:31) – Decentralized finance (29:00) – Smart contracts (35:16) – Hybrid smart contracts and oracle networks (52:02) – Applications of smart contracts (1:10:08) – AI and smart contracts (1:17:40) – What agreements can be turned into smart contracts? (1:28:43) – Privacy (1:39:01) – Trust (1:54:36) – Bitcoin (2:02:50) – Satoshi Nakamoto (2:10:10) – Ethereum (2:15:59) – Chainlink design decisions (2:28:27) – Dogecoin (2:32:44) – Book recommendations (2:44:54) – Advice for young people (2:56:58) – Meaning of life

1 Touko 20210s

#180 – Jeremi Suri: History of American Power

#180 – Jeremi Suri: History of American Power

Jeremi Suri is a historian at UT Austin. Please support this podcast by checking out our sponsors: – LMNT: https://drinkLMNT.com/lex to get free sample pack – Munk Pack: https://munkpack.com and use code LEX to get 20% off – Belcampo: https://belcampo.com/lex and use code LEX to get 20% off first order – Four Sigmatic: https://foursigmatic.com/lex and use code LexPod to get up to 60% off – Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings EPISODE LINKS: Jeremi’s Twitter: https://twitter.com/JeremiSuri Jeremi’s Website: http://jeremisuri.net This is Democracy Podcast: http://jeremisuri.net/archives/1798 The Impossible Presidency (book): https://amzn.to/2QKC5Jp 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 (14:33) – Power of charisma (20:24) – US presidency (31:10) – Aliens (36:17) – Bill Clinton (39:07) – Students of history (43:58) – George Washington (46:44) – Putin (53:27) – FDR (1:08:39) – Henry Kissinger (1:18:32) – Realpolitik (1:30:22) – What is a just war? (1:36:27) – Cold war (1:40:44) – Communism in the United States (1:50:42) – Vaccines and the future of the human species (1:55:57) – Book recommendations (1:57:31) – Learning another language (2:01:58) – Advice for young people (2:08:10) – Grandmother (2:11:03) – Meaning of life

30 Huhti 20212h 14min

#179 – Georges St-Pierre: The Science of Fighting

#179 – Georges St-Pierre: The Science of Fighting

Georges St-Pierre is a martial artist. Please support this podcast by checking out our sponsors: – Allform: https://allform.com/lex to get 20% 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 – Theragun: https://theragun.com/lex to get 30 day trial – The Information: https://theinformation.com/lex to get 75% off first month EPISODE LINKS: GSP’s Twitter: https://twitter.com/GeorgesStPierre GSP’s Instagram: https://www.instagram.com/georgesstpierre/ GSP’s Facebook: https://www.facebook.com/georgesstpierre GSP’s Website: https://www.gspofficial.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 (08:09) – Love of winning (11:01) – Suffering (12:03) – Fasting (22:01) – Carnivore (28:30) – Fear (36:02) – Strategy (39:12) – Mind games (42:54) – Mental games (48:00) – Science of fighting (1:11:39) – GOAT (1:15:22) – A fight vs Khabib (1:25:03) – Free will (1:28:49) – Consciousness (1:31:05) – AI (1:41:13) – Aliens (1:52:21) – Dreams (1:57:55) – Father (2:02:58) – Life and love (2:17:07) – Advice for young people (2:19:28) – How to learn (2:22:55) – Bruce Lee (2:26:04) – Tie choke (2:32:49) – Best martial art for self-defense (2:37:28) – Meaning of life

26 Huhti 20210s

#178 – Michael Malice and Yaron Brook: Ayn Rand, Human Nature, and Anarchy

#178 – Michael Malice and Yaron Brook: Ayn Rand, Human Nature, and Anarchy

Michael Malice is an anarchist. Yaron Brook is an objectivist. Both are podcasters and authors. Please support this podcast by checking out our sponsors: – Ground News: https://ground.news/lex – Public Goods: https://publicgoods.com/lex and use code LEX to get $15 off – Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil – Brave: https://brave.com/lex – Four Sigmatic: https://foursigmatic.com/lex and use code LexPod to get up to 60% off EPISODE LINKS: Michael’s Twitter: https://twitter.com/michaelmalice Michael’s Community: https://malice.locals.com/ Michael’s YouTube: https://www.youtube.com/channel/UC5tj5QCpJKIl-KIa4Gib5Xw Michael’s Website: http://michaelmalice.com/about/ Yaron’s Twitter: https://twitter.com/yaronbrook Yaron’s YouTube: https://www.youtube.com/user/ybrook Yaron’s Website: https://yaronbrookshow.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 (09:43) – Desert island thought experiment (15:00) – Communism (18:30) – Immanuel Kant (19:39) – Donald Hoffman (30:10) – DMT elves (38:52) – Humility (55:45) – Jordan Peterson and religion (1:05:23) – Ben Shapiro: facts don’t care about your feelings (1:19:23) – Why Ayn Rand is controversial (1:41:01) – Selfishness (1:44:43) – Communism and fascism (2:11:42) – Authoritarianism (2:20:02) – Bitcoin (2:46:13) – Anarchy debate (3:44:08) – Dangers of communism (3:49:47) – Favorite character in Ayn Rand s Atlas Shrugged (3:58:25) – Advice for young people (4:15:24) – Does love require sacrifice? (4:23:12) – Back to the island

24 Huhti 20210s

#177 – Risto Miikkulainen: Neuroevolution and Evolutionary Computation

#177 – Risto Miikkulainen: Neuroevolution and Evolutionary Computation

Risto Miikkulainen is a computer scientist at UT Austin. Please support this podcast by checking out our sponsors: – The Jordan Harbinger Show: https://jordanharbinger.com/lex/ – Grammarly: https://grammarly.com/lex to get 20% off premium – Belcampo: https://belcampo.com/lex and use code LEX to get 20% off first order – Indeed: https://indeed.com/lex to get $75 credit EPISODE LINKS: Risto’s Website: https://www.cs.utexas.edu/users/risto/ 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) – If we re-ran Earth over 1 million times (10:08) – Would aliens detect humans? (12:46) – Evolution of intelligent life (16:31) – Fear of death (22:47) – Hyenas (26:12) – Language (29:43) – The magic of programming (35:43) – Neuralink (43:15) – Surprising discoveries by AI (46:49) – How evolutionary computation works (58:12) – Learning to walk (1:01:25) – Robots and a theory of mind (1:10:29) – Neuroevolution (1:20:47) – Tesla Autopilot (1:24:11) – Language and vision (1:29:53) – Aliens communicating with humans (1:35:29) – Would AI learn to lie to humans? (1:42:03) – Artificial life (1:46:56) – Cellular automata (1:52:32) – Advice for young people (1:57:09) – Meaning of life

19 Huhti 20212h 2min

#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles

#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles

Robert Breedlove is a decentralized finance entrepreneur, philosopher, and podcaster. Please support this podcast by checking out our sponsors: – Fundrise: https://fundrise.com/lex – LMNT: https://drinkLMNT.com/lex to get free sample pack – Munk Pack: https://munkpack.com and use code LEX to get 20% off – BetterHelp: https://betterhelp.com/lex to get 10% off EPISODE LINKS: Robert’s Twitter: https://twitter.com/Breedlove22 Robert’s Linktree: https://linktr.ee/breedlove22 What is Money Show: https://www.youtube.com/c/RobertBreedlove22 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 (08:46) – Sovereignty (15:50) – Territorial imperative (20:28) – Property (26:33) – Anarchism (29:11) – Inflation is theft (33:35) – Volatility is truth (38:14) – Taleb and Bitcoin (42:22) – Life is information propagating through flesh (53:21) – Intelligence (57:34) – Space and time (1:04:16) – Pragmatic truth (1:15:14) – Creative destruction (1:19:03) – Capitalism vs Communism (1:31:46) – Jordan Peterson on religion (1:36:03) – Inflation (1:39:54) – What is money? (1:53:30) – What is Bitcoin? (2:04:36) – Bitcoin vs other cryptocurrencies (2:12:47) – Can governments ban Bitcoin? (2:25:29) – Bitcoin toxicity is tough love (2:38:47) – Crypto scammers (2:47:58) – Eric Weinstein and Bitcoin (2:54:21) – Satoshi Nakamoto (2:58:51) – Money is energy (3:06:05) – Proof of stake vs proof of work (3:08:45) – Morality (3:23:30) – Collapse of the Soviet Union (3:27:00) – Jordan Peterson and Bitcoin (3:39:28) – Book recommendations (3:58:49) – Advice for young people (4:02:20) – Love

17 Huhti 20214h 9min

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