AI is The Biggest Economic Impact of All Time w/ Raoul Pal & Emad Mostaque

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Emad Mostaque tells Raoul why advancements in generative AI will be bigger than the financial crisis and the pandemic.
When Raoul last spoke with Emad just four months ago, he called it “the most important interview in the history of Real Vision.”
Since that time, ChatGPT and generative AI have exploded into the mainstream.
In this follow-up interview, the founder of Stability AI talks about what’s coming next, just how quickly AI is transforming the way we live and work, and why even he can’t predict what the world will look like by this time next year.
This discussion is a must-watch if you want to understand the pace at which AI is changing our lives and to get ahead for the future. Recorded on March 9, 2023.
CHAPTERS:
1 What's Happened Since Raoul & Emad's Last Interview? 01:10
2 I Can't Even Think About One Year From Now, Let Alone Five Years 0:11:35
3 Where Does Stability.ai Fit In? 0:25:28
4 Let's Get Philosophical 0:36:19
5 How Can We Keep Up? 0:46:18
6 The Takeaways 0:57:38
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Пікірлер: 261

@RealVisionFinance Жыл бұрын

🔥 Get a 14-day 𝐅𝐑𝐄𝐄 trial to Real Vision 👉 rvtv.io/unfk CHAPTERS: 1 What's Happened Since Raoul & Emad's Last Interview? 01:10 2 I Can't Even Think About One Year From Now, Let Alone Five Years 0:11:35 3 Where Does Stability.ai Fit In? 0:25:28 4 Let's Get Philosophical 0:36:19 5 How Can We Keep Up? 0:46:18 6 The Takeaways 0:57:38

@jaylucas8352 Жыл бұрын

Soooo are we all going to be out of jobs pretty much? Cool

@mattrusingmail Жыл бұрын

This should be at LEAST a monthly chat 🤯. Just incredible, gentlemen 🏆

@wookchewie396 Жыл бұрын

I second this ❤

@davediamond Жыл бұрын

Disagree. It needs to be weekly. At this rate…

@kenmay5532 Жыл бұрын

I Disagree. Y'all were fooled 🤣🤣... This was AI Generated So we can have it Daily In All Languages Simultaneously.❗👌

@basimbaig Жыл бұрын

YESSSS

@transhuman4344 Жыл бұрын

So this is what the start of Singularity looks like. That feeling of beeing lost, and unable to keep up with technology. What an amazing feeling it is.

@truthseeker3412 Жыл бұрын

Why do you feel good about feeling lost and unable to keep up with AI?

@ThePallidor Жыл бұрын

It's not THE storied singularity but it's a singularity of sorts, Internet squared. Cubed even.

@jaylucas8352 Жыл бұрын

The SINGULARITY begins muahahahaa

@duhai1836 Жыл бұрын

I appreciate you sharing your conversations with us. Please make Emad a regular guest -- I could listen to him for hours!

@bcccl569 Жыл бұрын

love emad's attitude to all this, makes me optimistic for the future.

@aitools24 Жыл бұрын

Emad is the most insightful of all the AI bros.

@ramanidaniellizarazom3234 Жыл бұрын

WOW, OMG. Too much stuff to understand. Thanks to all the people at RealVision that made this video possible. Thanks Raoul.

@CryptoBadFox Жыл бұрын

“There’s a lot of “never the sames coming”… Quote of the year!!!

@reginabash-taqi7094 Жыл бұрын

Mind blowing conversation! I just figured embeddings, now Emad is talking about a fusion of private and public models😮

@mschmydt Жыл бұрын

Thank you for asking all these great questions to your incredible guest!

@briancase6180 Жыл бұрын

"it's easy, you just use it." Yes. I have a real-estate agent friend who always asks me to proof his property descriptions, but now he can just give chatgpt a description of the rooms and grounds and have it write a compelling description/summary. He can give it a couple examples and the new property characteristics and let it be creative.

@electrocademyofficial893 Жыл бұрын

Very helpful, thanks both - please keep the chats going in future

@cptechno Жыл бұрын

Great interview! What is said in this interview is important to many of us. I have just one issue though. I find the voice quality of Mr. Emad Mostaque on the video to be low. Can you have Mr. Emad Mostaque improve his voice quality on the videos. I suspect it would increase by using a higher end microphone. His words are so important that it should be the highest level of microphones.

@davediamond Жыл бұрын

Been waiting for this follow up chat. Remarkable how times have changed!!! We need more of these discussions… Robots first Humans second Markets last

@lukedaniel8732 Жыл бұрын

Great conversation. Thank you for making this freely available

@GoverningThoughts Жыл бұрын

Amazing conversation. Thank you!

@Angus1507 Жыл бұрын

Fantastic chat gents. Somewhat mind blowing.

@destinyforreal9744 Жыл бұрын

Thank you so much for this video. Your videos are always amazing and your guest is fantastic. This is one of the best videos that I’ve seen on this topic all the I things that I was thinking about you were dressed, which is great because I’m here debating this and it’s nice to have first-hand knowledge.

@jeremyk9728 Жыл бұрын

The biggest problem (especially with the USA) is that we are REACTIVE to these massive offsetting situations. Why do we always fail to plan ahead???

@dr.bradjurica4840 Жыл бұрын

Great conversation; informative and helpful

@RealVisionFinance Жыл бұрын

Glad it was helpful!

@karenreddy Жыл бұрын

Wholeheartedly agree with the points here. In particular I'ge seen the AGI situation, and why we require augmentation prior to that point, so I'm glad it's being brought up more often.

@JH-ji6cj Жыл бұрын

33:00 the idea of his analogy matching the scene in A Cockwork Orange when Malcolm is being 'rehabilitated' by the State, came to mind

@darenbaker4569 Жыл бұрын

This was out of this world thanks for everything and sharing.

@oluwafemiolowookere322 Жыл бұрын

You’re awesome Emad, thanks real vision I love the innovative information you share. Am an artist so I think I’ve found it helpful and interesting

@RealVisionFinance Жыл бұрын

Thanks for watching! 🔥 Get a 14-day 𝐅𝐑𝐄𝐄 trial to Real Vision 👉 rvtv.io/unfk

@DanielBeachChina Жыл бұрын

This was so good, thanks guys

@heeverindustries Жыл бұрын

This was fun. thank you both.

@RealVisionFinance Жыл бұрын

Glad you enjoyed it!

@ilyaaskalu Жыл бұрын

Fantastic content as usual 💯

@RealVisionFinance Жыл бұрын

Much appreciated

@chantalrochon3566 Жыл бұрын

I can’t get my head around it ! Thank you for this video.

@LanceWhite Жыл бұрын

Great interview. I think that once the entities have motivation and can interact and pub sub to each other they will learn exponentially. That will cause then next evolution. This will lead the AI's/Entities to be more capable and knowledgeable than any human. Whilst they may not achieve self awareness or consciousness from this, it may not matter. As they will be superior in all matters of knowledge and execution of knowledge. It is likely that this will lead to some entities dominating that are designed to prey on the more passive ones.

@przemysawgrabowski3458 Жыл бұрын

Wonderful conversation, I've just listened it for the first time while driving, next time will be with subtitles because I'm not native speaker and for sure I'll get much more from it! It is at the same time intriguing and a bit scary. As a humans we had and still have problem with ethics.. so I'm a bit worried with all this innovation and what it could do but hopefully future is only bright! All the best !

@RealVisionFinance Жыл бұрын

Thanks for watching!

@holdthetruthhostage Жыл бұрын

This is knowledge Worth over 15 years ahead

@angelmatos9143 6 ай бұрын

Every time someone comes along who wants to help humanity they get attacked by the ever-predictable 'corporate rabid dogs'. Wishing Emad the best on this worthy journey. 🙏

@vilicoinvestment6579 Жыл бұрын

Mind blowing! What to do as an investor? Where to invest? Which are the „shovels“?

@delatroy Жыл бұрын

17:58 why do we need to have menus anymore? (or other UIs for that matter) because sometimes to get what you want, it'll be faster than typing a question. If you're looking for something very specific like a needle in a haystack then it's much faster. For example, entering billing info on Amazon. If there's a wide range of things that you users need to do, then typing a question might be faster. 22:39 Jim Keller and Raja are currently creating asic for AI.

@heliosAJ Жыл бұрын

Amazing time indeed

@RealVisionFinance Жыл бұрын

Indeed!

@chrisalmighty Жыл бұрын

The pace is unprecedented but exciting.

@andrewmcleod1684 Жыл бұрын

The point of striving for AGI is not its output per se, as it was said correctly there would be specialized models orders of magnitude more capable than it. The point is, in theory, AGI would be able to learn and improve itself sending it into a feedback loop where it would get exponentially "better" at everything, eventually surpassing all specialized models and reaching SI.

@ThePallidor Жыл бұрын

Exponential for a while. Ultimately it's an S curve. Exponential then merely logarithmic. But that exponential part is going to be one helluva ride.

@andrewmcleod1684 Жыл бұрын

@@ThePallidor Logarithmic based on what? It’s unfair (and unfounded) to blindly extend assumptions from existing biological/technological paradigms to this (completely novel) environment.

@protoplast.youtube Жыл бұрын

thanxxxx

@jwcatada Жыл бұрын

Lots of great information. BTW, the host's voice sounds like the one used on text to speech 😊

@EGLDsavvy Жыл бұрын

incredible

@getiingtubed Жыл бұрын

is there an index for these companies?

@AIEvolutionHub Жыл бұрын

Highly insightful! Wonder how this video will age. The future is bright and scary at the same time

@mrleebaines8611 Жыл бұрын

Amazing

@RealVisionFinance Жыл бұрын

Thank you! Cheers!

@rdal9623 Жыл бұрын

Great video

@RealVisionFinance Жыл бұрын

Thanks for the visit

@ilikecontent2327 Жыл бұрын

When we had the last Presidential candidates--the only one that brought this topic up was Andrew Yang. He said we are moving towards a future where technology is moving fast towards replacing many traditional jobs and in order to help keep massive numbers of people from going into poverty we would need to give them a supplemental income. He emphasized that there will just not be enough good paying jobs to keep families and individuals out of poverty. Many have already been replaced with automation and advanced software. His statements made sense since many of the better paying jobs are those that are the tech. Jobs. If those can be replaced more and more with AI or simply more efficient and complex software then we are looking at a future economic and social disaster. This is what companies historically have transitioned towards. Improved efficiency with use of fewer employees. Retail has already been hit hard by this.

@michaelcottell6683 Жыл бұрын

Check your tile…it has an error. Emad not Dwight

@RealVisionFinance Жыл бұрын

Thank you, Michael!

@David-fp3qg Жыл бұрын

be curious what the effect could be on crypto...new products, defi, etc

@walkonearthofficial Жыл бұрын

57:48 …. This is just… waking up at this point 😂

@jeff__w Жыл бұрын

5:58 Just about the _last_ thing I would ever want is Stable Diffusion on my toaster. Then, again, I really don’t even want my fridge updating my shopping list and telling me that I need to buy milk (or, worse, ordering it from Instacart).

@SpacesSchool Жыл бұрын

Here for it. Does anyone know which tools I use to create my own ai assistant, where I can feed it a data set, model it on my data? I know know raoul is doing this with real vision data

@Eterna7Forms Жыл бұрын

I'm not sure I'd love to know too.

@ThePallidor Жыл бұрын

GPT4all, Vicuna, etc.?

@scottjohnson2861 Жыл бұрын

We are at the singularity.

@LDdrums20 Жыл бұрын

Yep already at uncharted territory

@quietapplause1 Жыл бұрын

Super interesting, but I had to switch on subtitles cause half of the time I do not understand this British accent.

@TheWildponys Жыл бұрын

It’s going to create huge problems - it can replace anyone n government from top down

@kevinrawle3383 Жыл бұрын

Fabulous interview, but how do we invest in this space?

@Eterna7Forms Жыл бұрын

Realistically today? Start your own A.I. based business and scale.

@dianedean4170 Жыл бұрын

I am listening to your amazing conversation for a second time after realizing this information will take awhile to integrate in my mind. Thank you so much for posting your discussion Raoul and Emad. I wonder how this AI will impact the world's ability to connect with each other. Also, I am curious to see how people will navigate through the ethical hurdles. I look forward to listening to you both in the future provided you are really present for the posting online rather than submitting your AI alter ego😊

@JH-ji6cj Жыл бұрын

Just imagine what copywrite means as far as authorship. My tin-foil-hat moment occurred long ago when Google was introduced to the world (yes, I'm that old) and I assumed Google would then be able to infer most all new inventions just from combining search queries on ideas that didn't match current available models. It seems I was just early in my prediction. As in, consider training AI on video content for how to weld. After being able to train on multitudes of videos, comments sections, and Standards and Practices, it spits out new videos that incorporates top prioritized models with scenes, actors, etc. I say multiple because it is clear (currently to the extreme) that people are fractured into tribal spaces that need to ne infiltrated to make the information salient to those groups. Now I've just given away my 'rights' to this idea by the ability to mine it from the comment section of this video (of course taking for granted that it's even that great of an idea). I expect the reaction in the initial stages of this tech will work similarly to the DotCom value craze at the beginning of the Internet boom, concurrent with businesses locking (*attempting to) info【*like subscription models). I expect this won't really work for long, but the Crypto-Bro early adoption monetization ideas are interesting to brainstorm. I expect most initial gains will be through trojans, viruses, hacking, spam etc.

@tarungidoomal7326 Жыл бұрын

Ok here is a question for the group. There is so much GOLD in this podcast. I would like to GPT 4 to summarise the key points from this podcast. I have transcribed the podcast, copied it into GPT 4 in sections (to avoid the character limit). But GPT 4 is doing a poor job at summarising what I have copied (even with good prompts, telling it what I am about to do and it's role). Any suggestions for how to do this well? Surely some tools here already exist?!?!

@bacool Жыл бұрын

Please add timestamps this is great tho

@edytarciopereira3461 Жыл бұрын

We have to prepare ourselves now for the big impact

@RealVisionFinance Жыл бұрын

100%

@tekkertruth1256 Жыл бұрын

It’s too late

@jman9496 Жыл бұрын

What are the best companies to invest in to take advantage of this new AI world??

@dejankeleman1918 Жыл бұрын

Can't wait for an AI model that can make open source stable diffusion better then the original. Emad sure looks enthusiastic about that :D

@ThePallidor Жыл бұрын

AI isn't magic. Code optimization and chores, painful chores, analyzing code for optimizations... but it's not going to invent the next transformer.

@paullafferty1411 Жыл бұрын

I have been an IT engineer and believe l am quite smart, and l have to admit l feel totally lost watching this. The fact that l do not understand a lot of this is very worrying for me. I have a lot to learn.

@1Bob4All Жыл бұрын

I hope that AI is introduced to morals, ethics and philosophies and that AI concludes that humans have a right to life, liberty and the pursuit of happiness.

@_Information_ Жыл бұрын

Who’s morals and who’s ethics? These are different across society.

@1Bob4All Жыл бұрын

@@_Information_ True. So hopefully the information selected for training AI is strongly biased with the hopes of leading to a conclusion which favors the individual's inherent worth and right to life, liberty and the pursuit of happiness.

@shirtstealer86 Жыл бұрын

I hope that the AI introduces humans to morals and ethics and changes our societies into humane and actually moral communities. The main thing I am looking forward to is ai ending violence, especially violence against women.

@honestcommenter8424 Жыл бұрын

@@1Bob4All What information selected? They are talking about everyone training their own model that suits them. Every model will be different and trained to different ethics.

@1Bob4All Жыл бұрын

@@honestcommenter8424 IF each AI module stays isolated from each other then all should be fine, presuming one AI is not hooked up to a weapon system and then decides that it should wipe out humans in order to fulfill its poorly defined program objective. (Straight from a sci-fi storyline. )

@Bendover-tw4ee Жыл бұрын

Great. Looking forward to live in this dystopia

@Seancarter2010 Жыл бұрын

This is terrifying because once you’re replaced at your job then by the time you train for another one you’re either obsolete or the market is totally over saturated. We’re talking 50 percent unemployment over night. That means far less consumers to keep the economy going. This is so terrifying

@ThePallidor Жыл бұрын

No it'll be a hiring frenzy. Firing in some cases, but it depends on the business. There are many more things we want to achieve but simply didn't believe it was possible, and companies will start pursuing that, thinking big, and hiring people who can work well with AI.

@luisvictorf Жыл бұрын

You can give it to everyone, but unfortunately that doesn't mean that everyone will know how to use it or improve it

@CryptoGrit Жыл бұрын

Honestly AI is developing over 10 years now, ChatGPT is only the reason why people nolce it now :)

@bhanuvohra4681 Жыл бұрын

It all sounds fancy but its comparable to mass-scale production. Anything that starts getting produced at scale losses its value. AI will take away redundant jobs but the demand for exclusivity would go up. It's just like Rolex ( exclusive) vs Quartz watch ( available to all)

@ykhov Жыл бұрын

Raoul going to be on AI like NFTs

@BillyBob-oi9kl Жыл бұрын

There hasn't been something this disruptive since the mechanization of agriculture, which laid off millions of farm laborers in the 1800s. People are going to be infinitely more productive, and unless there is a surge in demand for the services, then there will be millions of people that are unemployed because of it. It is pretty frightening, of course, as with anything there will be some that find opportunities to make it work for them and create fortunes. Politically we're in for a rough 10 to 20 years just like we had during the 1880s and 1890s.

@mrleebaines8611 Жыл бұрын

"RIGHT"

@bloopbleepnothinghere Жыл бұрын

Law is going to be interesting. If legal defense is enhanced by AI, all legal battles will be arbitrated by AI, because anyone without AI representation will be beat out by the AI opposition.

@ThePallidor Жыл бұрын

It will be lawyers with AI assistants. Judges with AI assistants. Courts will have no sympathy for mistakes made by AI that you didn't check.

@foreverseethe Жыл бұрын

I'm a bit out of the loop. What does he mean by "stable diffusion", "back-end".?

@dog38680 Жыл бұрын

Audio quality is not clear

@nothingisgiven8364 Жыл бұрын

@46:30

@TheWildponys Жыл бұрын

I’m awaiting my powerful Ai new phone - my Ai, assistant, Ai security, Ai concierge, I told the Ai to act as me and I retired 😅

@pohdiquesti Жыл бұрын

It’s scary, it will displace so many workers, we have AI on the knowledge side and robots (on the manufacturing side). Are we seeing the future of mankind without humans being part of it?

@RealVisionFinance Жыл бұрын

Thanks for watching!

@thommw Жыл бұрын

It's really funny how these experts imagine that people will be much more productive with the new AI tools, but they don't think the next step. Why would people still create pie charts and slideshows. Think about what charts and slideshows are used for. They are used to help humans make decisions. AI does not need those crutches AND they are better at it. There will be almost nothing to do for humans anymore.

@tapiapb Жыл бұрын

Microsoft also provides models for companies

@nobobonobo Жыл бұрын

Tech is moving too fast. Maybe the Amish has the right idea all along?

@defaultname01 Жыл бұрын

I'd happily live somewhere like a rolling hills farm in warm Italy living a simple low tech life given the choice. The current world is tearing itself apart.

@nothingisgiven8364 Жыл бұрын

@44:36

@donnybrooklads Жыл бұрын

@Skyfire-x Жыл бұрын

Next year Raoul will interview AI Raoul live.

@Qudrates Жыл бұрын

man, i can wait for real Raoul to interview AI Raoul, or vice versa

@brettcreswell3719 Жыл бұрын

Event horizon of a singularity

@overarch888 Жыл бұрын

My mind is officially blown

@RealVisionFinance Жыл бұрын

Thanks for watching!

@chapo8216 Жыл бұрын

Your team really needs to check out Bittensor.

@nothingisgiven8364 Жыл бұрын

@5:15

@11227denis Жыл бұрын

I never realized how uneven Raouls mustache is

@Julio836 Жыл бұрын

Oh god

@codezero1016 11 ай бұрын

Future = exponential to the power exponential.........Dependancy of human work force = inversely proportional....

@TheFinnmacool Жыл бұрын

Actually BTC was first mined on CPUs. Then GPU's and then ASICS. People who mined on CPU's had THOUSANDS!

@tomd5678 Жыл бұрын

You can eliminate fraudsters with this. Your bank can ring up and verify everyone

@SagaraUrz Жыл бұрын

Exciting and controversial times incoming with AI

@RealVisionFinance Жыл бұрын

100%

@coolworx Жыл бұрын

Take a long walk in a dark wood. And the world of man will still be humbled.

@massimoboero8520 Жыл бұрын

Emad keeps mentioning a technology called ASIX or something like that. What is it? How do you spell it?

@yark618 Жыл бұрын

Asics hardware

@johnmacedo598 Жыл бұрын

What a time to be alive. We're saved and doomed

@Drixidamus Жыл бұрын

Your interview with Tom Bilyeu brought me here.

@muttsareus Жыл бұрын

How long before an AI can diagnose and prescribe better than a human physician?

@Seancarter2010 Жыл бұрын

Watson

@NorthStarPNW Жыл бұрын

Yesterday.

@ChadThundercook Жыл бұрын

Yeah, this was a while ago.

@jimmy7434 Жыл бұрын

Tell your kids you love them.

@nickvanrensburg961 Жыл бұрын

Debt implosion time. And if debt implodes, equity has already imploded

@maxziebell4013 Жыл бұрын

AI in the toaster… Red Dwarf! ;-)

@simuliid Жыл бұрын

This is a great social experiment, with no controls. So much fun to be a guinea pig😂