Ep. 761: Amy Webb Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 10 May 2019

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

My guest today is Amy Webb, an American futurist, author and founder and CEO of the Future Today Institute. She is professor of strategic foresight at New York University’s Stern School of Business, and was a 2014-15 Visiting Nieman Fellow at Harvard University.

The topic is her book The Big Nine: How the Tech Titans and Their Thinking Machines Could Warp Humanity.

In this episode of Trend Following Radio we discuss:

In this book, Amy Webb reveals the pervasive, invisible ways in which the foundations of AI–the people working on the system, their motivations, the technology itself–is broken. Within our lifetimes, AI will, by design, begin to behave unpredictably, thinking and acting in ways which defy human logic. The big nine corporations may be inadvertently building and enabling vast arrays of intelligent systems that don’t share our motivations, desires, or hopes for the future of humanity.

Jump in!

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

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Twitter: @covel
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Hope you enjoy my never-ending podcast conversation!

Transcript

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0:00.0	This is trend following radio where great thinking comes alive.
0:10.9	Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.
0:21.2	I am your host, Michael Covel, not filtered, raw, honest.
0:27.4	That's my passion.
0:33.4	I needed a podcast like today.
0:36.5	I needed one of those kicks in the you know what to remind me that even though an army of 25-year-old
0:45.1	Asperger syndrome programmers in Silicon Valley are telling me that everything's perfect.
0:52.6	Let's just take a step back and consider.
0:57.2	My guest today is a professional at considering.
1:02.4	Amy Webb is a quantitative futurist.
1:05.1	She is a professor of strategic foresight at the NYU Stern School of Business.
1:15.1	And our conversation today is about her new book,
1:24.1	The Big Nine, how the tech titans and their thinking machines could warp humanity. Now, I surely don't have the expertise that Amy has, but I've already got a bias going into this
1:29.3	conversation because I think we're long past the idea that they could warp us. They have
1:35.6	warped us. It's just a matter of how much we allow us to get warped. But without any further
1:43.0	delay, let me jump right into this conversation,
1:46.6	a very important conversation with Amy Webb.
2:09.6	So Amy, as I'm thinking about your work, your direction right now, I can't help but look at that subtitle.
2:13.4	It says how the tech titans in their thinking machines could warp humanity.
2:21.1	Out of the gate, a kind of fun opening salvo for me could warp humanity or have we already been warped?
2:21.9	I started working on this book two years ago.
2:25.8	Here's what I would say.
	...

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