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#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology

Lex Fridman Podcast

Conversations that explore technology, history, philosophy, physics, mathematics, biology, chemistry, engineering, AI, robotics, programming, music, film, art, sports, psychology, neuroscience, geopolitics, business, economics, religion, astronomy, and the human condition with people from all walks of life.

Erik Brynjolfsson is an economist at Stanford. Please support this podcast by checking out our sponsors:
- Vincero: https://vincerowatches.com/lex to get up to 25% off + free shipping
- Four Sigmatic: https://foursigmatic.com/lex and use code LexPod to get up to 60% off
- ExpressVPN: https://expressvpn.com/lexpod and use code LexPod to get 3 months free
- Cash App: https://cash.app/ and use code LexPodcast to get $10

EPISODE LINKS:
Erik's Twitter: https://twitter.com/erikbryn
Erik's Website: https://www.brynjolfsson.com/
The Second Machine Age (book): https://amzn.to/33f1Pk2
Machine, Platform, Crowd (book): https://amzn.to/3miJZ76

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/LexFridmanPage
- 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
(08:23) - Exponential growth
(12:51) - Elon Musk exponential thinking
(15:08) - Moore's law is a series of revolutions
(20:31) - GPT-3
(22:09) - Autonomous vehicles
(29:11) - Electricity
(33:40) - Productivity
(38:47) - Why is Twitter and Facebook free?
(49:03) - Dismantling the nature of truth
(52:24) - Nutpicking and Cancel Culture
(58:39) - How will AI change our world
(1:04:40) - Existential threats
(1:06:33) - AI and the nature of work
(1:12:39) - Thoughts on Andrew Yang and UBI
(1:18:30) - Economics of innovation
(1:24:37) - Effect of COVID on the economy
(1:33:50) - MIT and Stanford
(1:38:23) - Book recommendations
(1:41:28) - Meaning of life

Erik Brynjolfsson is an economist at Stanford. Please support this podcast by checking out our sponsors: 
– Vincero: <a href="https://vincerowatches.com/lex">https://vincerowatches.com/lex</a> to get up to 25% off + free shipping 
– Four Sigmatic: <a href="https://foursigmatic.com/lex">https://foursigmatic.com/lex</a> and use code LexPod to get up to 60% off 
– ExpressVPN: <a href="https://expressvpn.com/lexpod">https://expressvpn.com/lexpod</a> and use code LexPod to get 3 months free 
– Cash App: <a href="https://cash.app/">https://cash.app/</a> and use code LexPodcast to get $10
EPISODE LINKS: 
Erik’s Twitter: <a href="https://twitter.com/erikbryn">https://twitter.com/erikbryn</a> 
Erik’s Website: <a href="https://www.brynjolfsson.com/">https://www.brynjolfsson.com/</a> 
The Second Machine Age (book): <a href="https://amzn.to/33f1Pk2">https://amzn.to/33f1Pk2</a> 
Machine, Platform, Crowd (book): <a href="https://amzn.to/3miJZ76">https://amzn.to/3miJZ76</a>
PODCAST INFO: 
Podcast website: <a href="https://lexfridman.com/podcast">https://lexfridman.com/podcast</a> 
Apple Podcasts: <a href="https://apple.co/2lwqZIr">https://apple.co/2lwqZIr</a> 
Spotify: <a href="https://open.spotify.com/show/2MAi0BvDc6GTFvKFPXnkCL">https://open.spotify.com/show/2MAi0BvDc6GTFvKFPXnkCL</a> 
RSS: <a href="https://lexfridman.com/feed/podcast/">https://lexfridman.com/feed/podcast/</a> 
YouTube Full Episodes: <a href="https://youtube.com/lexfridman">https://youtube.com/lexfridman</a> 
YouTube Clips: <a href="https://youtube.com/lexclips">https://youtube.com/lexclips</a>
SUPPORT & CONNECT: 
– Check out the sponsors above, it’s the best way to support this podcast 
– Support on Patreon: <a href="https://www.patreon.com/lexfridman">https://www.patreon.com/lexfridman</a> 
– Twitter: <a href="https://twitter.com/lexfridman">https://twitter.com/lexfridman</a> 
– Instagram: <a href="https://www.instagram.com/lexfridman">https://www.instagram.com/lexfridman</a> 
– LinkedIn: <a href="https://www.linkedin.com/in/lexfridman">https://www.linkedin.com/in/lexfridman</a> 
– Facebook: <a href="https://www.facebook.com/LexFridmanPage">https://www.facebook.com/LexFridmanPage</a> 
– Medium: <a href="https://medium.com/@lexfridman">https://medium.com/@lexfridman</a>
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 
(08:23) – Exponential growth 
(12:51) – Elon Musk exponential thinking 
(15:08) – Moore’s law is a series of revolutions 
(20:31) – GPT-3 
(22:09) – Autonomous vehicles 
(29:11) – Electricity 
(33:40) – Productivity 
(38:47) – Why is Twitter and Facebook free? 
(49:03) – Dismantling the nature of truth 
(52:24) – Nutpicking and Cancel Culture 
(58:39) – How will AI change our world 
(1:04:40) – Existential threats 
(1:06:33) – AI and the nature of work 
(1:12:39) – Thoughts on Andrew Yang and UBI 
(1:18:30) – Economics of innovation 
(1:24:37) – Effect of COVID on the economy 
(1:33:50) – MIT and Stanford 
(1:38:23) – Book recommendations 
(1:41:28) – Meaning of life

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#141 – Erik Brynjolfsson: Economics of AI, Social Networks, and Technology

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