The Ethical Dilemmas of AI and Crypto: A Critical Examination with Liron Shapira

Magic Internet Money

This episode was recorded on April 25, 2023

In this episode, Brad Mills is joined by Liron Shapira, a vocal critic of the cryptocurrency landscape and an advocate for rational thinking in the age of digital disruption.

Together, Brad and Liron navigate the tricky topic of artificial intelligence - dissecting the existential threats that loom over humanity as AI's capabilities grow increasingly advanced. They ponder the profound implications of AI surpassing human intellect and the potential havoc it could wreak, from manipulating markets to commandeering communication channels.

As the conversation turns to the realm of cryptocurrency, they scrutinize the seismic shift from crypto to AI investments and the ethical dilemmas that have emerged within the tech industry.

The episode features a candid look at the changing face of platforms like Coinbase, the integrity of blockchain technology, and the controversial rise of Web Three ventures. Amidst the critical conversations, there is room for optimism. Brad and Liron consider the transformative possibilities of technological advancements in reducing scarcity and discuss the voices leading the discourse on AI challenges and opportunities.

Timestamps

[00:00:00] Leron Shapira, known for humorous VC critiques.

[00:06:00] Some in crypto may be called grifters.

[00:14:58] Doubts about ethical behavior in the tech industry.

[00:18:46] Cryptocurrency companies protect interests, fear potential loss.

[00:23:14] Bitcoin warned about high fees in Ethereum.

[00:28:11] Speculation on digital assets and their future.

[00:35:46] Twitter usage down, migration from crypto to AI.

[00:40:38] Soft targets for extraction and scamming abound.

[00:47:16] AI writing viruses, spam and identity theft.

[00:51:45] GPT Four still has flaws, not ready.

[00:58:52] Book explores technology's deflationary impact on economy.

[01:01:27] Fear of AI surpassing human intelligence is justified.

[01:08:28] AI-driven decentralized technology signals imminent economic disruption.

[01:13:37] Twitter best for daily AI doom updates.

[01:19:16] Politicians avoid hard choices, fear market crash.

[01:21:19] Urging political action to halt AI development.

[01:28:20] Politicians are manipulated, rationality often overlooked.

[01:33:36] Worried about disruptive effects on economy and communication.

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