The Growth of Decentralisation with Travis Kling - WBD473
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 10 March 2022
⏱️ 80 minutes
🧾️ Download transcript
Summary
Travis Kling is the Chief Investment Officer and Ikigai. In this interview, we discuss the need for decentralization, Bitcoin as pristine collateral and whether we're living in a simulation.
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Google, Facebook and Amazon are still relatively young companies, formed in the slipstream of the internet. They rose from a mass of competition to dominate not just the internet, but to become some of the most powerful organisations in the world. Such is their power that they are changing society in profound and concerning ways.
At the same time, there has been significant erosion in trust. The Iraq War and the sub-prime mortgage crisis combined to generate widespread disillusionment with the status quo. This was funnelled into social media's new echo chambers with algorithms that stoked fear and anger. We are still struggling to deal with the results.
A major issue of concern is that the next wave of technological innovation is expected to be overwhelmingly disruptive: AI and robotics in particular have potentially unlimited capacity to revolutionise society. If we don't resolve the issues caused by centralization now, the future for democratic governance looks bleak.
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Transcript
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| 0:00.0 | I think the digital world is going to continue to eat the analog world and how |
| 0:06.6 | dystopian or not that ends up being will be entirely a function of the individuals that are working towards one eventual |
| 0:15.9 | outcome or the other, which is what makes doing this type of work to me so worth doing. |
| 0:24.0 | Hello there, how are you doing? |
| 0:26.0 | Welcome to the What Bit |
| 0:28.0 | did podcast, which is brought to you by Gemini, |
| 0:30.0 | the only place I am using for buying Bitcoin. |
| 0:32.0 | I'm your host Pete McCormack and before we get |
| 0:34.6 | into the interview today I have a quick message from my show sponsors. This show is |
| 0:39.7 | brought to you by Gemini who I am using exclusively for buying and selling Bitcoin, and even though they've |
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