Welcome back for part two with Emod Mostak. If you haven't listened to part one yet,

you're going to want to go do that because part two is going to make a lot more sense.

It's in context of Emod's big vision of AI ushering in one final economy. Without further ado,

here's part two with Emad Mostack. There's going to be a very large number of people that even if they have a hyper-intelligent

AI guiding them, they're not going to listen.

So, man, this is, oh God, this is going to get so weird.

Okay, so my gut instinct is that I like the idea of, okay, you're generating

money not off of debt, but you're creating some amount of money that you give to people.

People are still going to derail. People that are not, that don't have the intelligence

or the discipline to listen to the AI are still going to derail.

There's going to be a lot more that we need to figure out than just the economics of it,

because I'm even just thinking, all right, if you're talking about a safety net, let's say

that it's a health safety net, I assure you, one of the biggest pieces of advice that the AI

is going to give people is don't eat that. And people are still going to eat it. Don't smoke that. People are still going to smoke it. And then other people are going to be asked to pay for the additional cost of the people that are still eating that, smoking that, whatever, even though they have an AI in their ear telling them, don't do that, do this. Man, there are levels of

complexity to this. All right, I'm going to set that aside. Maybe we'll come back to it.

What my audience is really going to care about, you've set the stage for us perfectly. I think we

have a very clear understanding of how tumultuous this transition period is going to be. But now look at this

moment and where we're going through the lens of being a hedge fund manager. How can people win in

this moment? Because I was, when you were talking, I was like, oh my God, I guarantee if people are

given a stipend, other people are going to try to win that money from

them essentially by either whatever the new stock market gambling is, sports betting, like

there's no universe in which barring like just extraordinary top-down authoritarian controls that a sort of secondary, I'll call

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