20VC: Data Collective's Matt Ocko on The Dark Side Of AI & What Happens When 3-4m People Become Unemployed Overnight

Matt Ocko is the Co-Managing Partner and Co-Founder @ Data Collective and has over 3 decades of experience as a tech entrepreneur and VC and has made investments in the likes of Facebook, Zynga, Uber and AngelList just to name a few. If that was not enough he is also an inventor on over 40 granted or in process patents. A truly deep thinker and one of my fave ever shows to record. In Today’s Episode with Matt You Will Learn: How Matt made his way into VC and came to co-found Data Collective? What is the biggest challenge facing the rise of AI today? How does this evolve the further into the category we get? How does this affect the future of work? What will the 3-4m unemployed non-college educated do? What is the solution to this? Universal basic income? How does the rise of AI radically alter the structure of society? How does it affect national economies and global macroeconomics? Why is the Keynesian belief, that human wants and needs are infinite and we will simply adjust to AI life, not relevant? What does that say about the adoption and disruption rate? Items Mentioned In Today’s Show: Matt’s Fave Blog and Newsletter: MIT Technology Review Matt’s Fave Book: The Way Things Work Matt’s Most Recent Investment: Tradeshift As always you can follow Harry, The Twenty Minute VC and Matt on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. The Twenty Minute VC is proudly sponsored by Luma, Luma is the world’s first ever Surround WiFi system that brings speed, security and control to the home network. And Unlike traditional routers, Luma comes in a pack of two or three sleek devices to place in different rooms in your home. Luma then creates a mesh network that work together to create an outrageously-fast, ultra-secure Surround WiFi network.  Lastly, Luma’s app lets you easily see and control which devices, users and content are on your network. To buy your Luma, simply dead to getluma.com or amazon.com. So many problems start with your head: stress, depression, anxiety, fear of the future. What if there was some kind of exercise you could do, that would help you get your head in shape. That’s where the Headspace app comes in. Headspace is meditation made simple. The Headspace app provides guided meditations you can use whenever you want, wherever you want, on your phone, computer or tablet. They have sessions focused on everything from dealing with stress and depression, to helping you eat more mindfully. So download the Headspace app and start your journey towards a happier, healthier life. Learn more at headspace.com/20vc. That’s headspace.com/20vc.