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Bankless

197 - Software Eating the State with Sammuel Hammond

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 20 November 2023

⏱️ 99 minutes

🧾️ Download transcript

Summary

Is software eating the nation state? Technologies like crypto and AI are about to fundamentally restructure society from the bottom up. We brought economist and writer, Sam Hammond on to predict how society will be reorganized under this new paradigm and how those in power will respond.

Sam Hammond is an economist for the Foundation for American Innovation, a think tank advising policies in DC whose slogan reads, “Build Tech. Promote Freedom.” Freedom and Tech. We like those two things on Bankless - and we're also concerned with the project of how to protect them in a world where software starts to eat the nation state (and the nation state feels threatened). 

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✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-sam-hammond 

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TIMESTAMPS

0:00 Intro
6:48 Sam’s Take on Crypto
9:50 Nation State’s Hate on Crypto
14:53 Post-Printing Press 
20:55 Crypto, AI, & The Internet 
25:40 Tech Good, Bad, or Neutral?
32:03 Bracing For Impact & Tech Debt
38:15 Nation State Competition 
46:39 Dangerous Tech
50:00 The Network State 
1:04:55 AI Executive Order 
1:12:28 China’s AI Approach
1:15:20 AI’s Double Edged Sword 
1:33:45 AI & The Leviathan 
1:48:23 What Technology Winning Means? 
1:50:58 Closing & Disclaimers 

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RESOURCES

Sam’s Substack, “Second Best”
https://www.secondbest.ca/ 

AI & The Leviathan
https://www.secondbest.ca/p/ai-and-leviathan-part-iii   

The Dynamist - Podcast
https://podcasts.apple.com/us/podcast/the-dynamist/id1528920211

Eliezer Yudkowski Episode
https://www.bankless.com/159-were-all-gonna-die-with-eliezer-yudkowsky 

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠  

Transcript

Click on a timestamp to play from that location

0:00.0

as technology accelerates and crypto is very fast and AI is even faster,

0:05.1

governance isn't going to be able to keep up. Hence, where we end up,

0:08.8

which is just technology just wins. And, that makes you optimistic, Sam?

0:16.2

Uh, it makes me...

0:25.0

Welcome to Bankless, where we explore the frontier of internet money and internet finance.

0:29.4

This is how to get started, how to get better, how to front-run the opportunity.

0:32.8

This is Ryan Sean Adams. I'm here with David Hoffman, and we're here to help you become

0:37.1

more bankless. Guys, the bankless journey takes us to some interesting places,

0:41.5

and this is certainly one of them in today's episode. The topic today is software

0:45.2

eating the nation state. Technologies like crypto and AI are about to fundamentally restructure

0:51.3

society from the bottom up. We certainly believe that at bankless,

0:55.0

an economist and writer Sam Hammond is our guest today, and he's predicting how

0:58.9

society will be reorganized under this new paradigm and how those in power will respond.

1:03.8

What will the nation states have to say about it? A few topics we get into today.

1:07.6

Number one, we talk about crypto. It's under attack in the US, and Sam has a framework to help us

1:12.3

understand why. Number two, we talk about America. It was once protect, pro-internet.

1:17.5

Now it's anti-crypto and anti-AI. What changed? Number three, we talk about AI.

1:22.6

How is the world responding to this new technology? How can AI further unlock crypto?

1:28.0

And number four, we end with Sam's predictions that are concrete, very concrete, for the next two

1:33.4

decades, which Sam says will be weird, including what happens to the US and what happens to countries

1:39.6

that embrace internet technologies from the firmware level up. Themes of this episode, technology

1:45.8

and freedom, and how we balance those. And David, of course, those are themes we often express

...

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