meta_pixel
Tapesearch Logo
Log in
Earn Your Leisure

Jack Dorsey Talks AI, Bitcoin & The Future of Decentralization

Earn Your Leisure

iHeartPodcasts

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.87.8K Ratings

🗓️ 14 October 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

In this insightful clip from Market Mondays, Rashad Bilal and Troy Millings sit down with tech visionary Jack Dorsey to discuss the technologies set to redefine our future—and why so many people hesitate to embrace them. Diving straight in, Rashad asks Jack a powerful question: Which technologies are flying under the radar today but could transform our lives in 5 to 10 years? Jack Dorsey shares candid thoughts on AI, acknowledging the widespread fear that it might replace jobs or stifle innovation. He argues that this “closed mindset” is what truly holds us back. Instead, Jack advocates seeing AI as a foundation—a tool for unlocking new levels of creativity and productivity and reclaiming precious time. His advice is clear: don't just take others’ word for it; hands-on experimentation is the key to understanding whether a technology can genuinely benefit you or your business. Citing the Bitcoin ethos of “don’t trust, verify,” Jack urges viewers to form opinions through experience and not be swayed by hype or second-hand perspectives. The conversation shifts as Troy asks Jack about decentralization, referencing the rise and, perhaps, fizzle of the Web3 hype. Jack pulls back the curtain on what he saw as repackaging older, centralized products under a new label—often driven by venture capital rather than any real technological breakthrough. He reminds us that every new tech wave arrives alongside massive hype, and the challenge for everyone is to ground themselves and ask: Does this tech solve a problem or add real value? Jack recounts the early days of the Internet—a frontier period marked by openness and decentralization. He laments how discovery and data creation ended up centralized in a handful of companies, tightening control over both users’ data and online identities. The good news, according to Jack, is that we finally have the technology for data portability, but it’s still inaccessible and unrefined—meaning huge opportunities for those looking to build solutions in this space! He also warns about AI’s rapid centralization, with just a few major companies shaping its future. These entities control not only the algorithms but also the intelligence itself—potentially determining how millions experience truth, creativity, and discovery. Jack stresses the need for open-source models and decentralized intelligence so the technology belongs to everyone, not just a few tech giants. Whether you’re a tech enthusiast, an entrepreneur, or simply curious where the digital world is headed, this clip is packed with practical wisdom for evaluating new technologies and finding the right mindset for real, grounded innovation. *Key topics:*

  • Overcoming fear and skepticism surrounding AI
  • Why hands-on experimentation beats second-hand knowledge
  • Decentralization, data portability, and the lessons of early Internet history
  • Web3 hype versus true technological progress
  • The risks of centralizing AI—and the promise of open source models

*Watch for actionable insights on how to spot what’s real in tech, how to verify new tools for yourself, and why embracing openness is key for the future.* #MarketMondays #JackDorsey #AI #Bitcoin #Decentralization #Web3 #OpenSource #Technology #FutureOfTech #BusinessInnovation

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Are there any pictures of you online?

0:01.7

Then you could already be in a massive police database without even knowing it.

0:05.7

Clearview scrapes together images from Facebook, from LinkedIn, from Venmo accounts.

0:11.3

I'm Dexter Thomas, host a Kill Switch, a podcast about how living in the future is affecting us right now.

0:17.0

Police, they are trusting the software with this magical ability to lead them to the right

0:22.1

suspect. In this episode, we dive into how cops are using AI and facial recognition and sometimes

0:27.6

getting it wrong and putting innocent people behind bars. So if your accuser is this algorithm,

0:33.8

but you're not even being told that it was used, let alone given any of the details

0:38.2

about how it works. Listen to Kill Switch on the IHeart Radio app, Apple Podcasts, or wherever you

0:44.0

get your podcasts. What technologies do you think people are kind of sleeping on right now that

0:51.4

will potentially change the world in the next five, ten years?

0:55.7

I don't know if they're sleeping on them, but I think people are hesitant with AI.

0:59.9

Back to the first part of our conversation, like I think people are hesitant because they're

1:06.0

afraid of it replacing their work or

1:12.3

what they're trying to build.

1:18.3

And I think that mindset is going to end up doing that, in fact.

1:24.7

And again, if you instead see it as a foundation that we can stand on and that it's something that enables you to do even more with less

1:29.6

and it gives you time back. Then it's a tool like anything else. And I think that's the scary

1:38.4

thing right now. And I think people are letting the fear keep them from experimenting with it and keep them from just trying

1:48.9

it and having more of a closed mind. So I think it's really important with any new technology

1:56.5

to try it for yourself. Don't trust what you read from others. Don't trust other opinions on it.

2:04.2

Form your own opinion on your experience and you have to dive into it and trust yourself to

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.