Lex Fridman Podcast - Ray Dalio: Principles, the Economic Machine, Artificial Intelligence & the Arc of Life

Ray Dalio is the founder, Co-Chairman and Co-Chief Investment Officer of Bridgewater Associates, one of the world’s largest and most successful investment firms that is famous for the principles of radical truth and transparency that underlie its culture. Ray is one of the wealthiest people in the world, with ideas that extend far beyond the specifics of how he made that wealth. His ideas, applicable to everyone, are brilliantly summarized in his book Principles.

This conversation is part of the Artificial Intelligence podcast. If you would like to get more information about this podcast go to https://lexfridman.com/ai or connect with @lexfridman on Twitter, LinkedIn, Facebook, Medium, or YouTube where you can watch the video versions of these conversations. If you enjoy the podcast, please rate it 5 stars on Apple Podcasts or support it on Patreon.

This episode is presented by Cash App. Download it (App Store, Google Play), use code “LexPodcast”. 

Here’s the outline of the episode. On some podcast players you should be able to click the timestamp to jump to that time.

00:00 – Introduction
02:56 – Doing something that’s never been done before
08:39 – Shapers
13:28 – A Players
15:09 – Confidence and disagreement
17:10 – Don’t confuse dilusion with not knowing
24:38 – Idea meritocracy
27:39 – Is credit good for society?
32:59 – What is money?
37:13 – Bitcoin and digital currency
41:01 – The economic machine is amazing
46:24 – Principle for using AI
58:55 – Human irrationality
1:01:31 – Call for adventure at the edge of principles
1:03:26 – The line between madness and genius
1:04:30 – Automation
1:07:28 – American dream
1:14:02 – Can money buy happiness?
1:19:48 – Work-life balance and the arc of life
1:28:01 – Meaning of life

A History of Rock Music in 500 Songs - Episode 59: “Whole Lotta Shakin’ Goin’ On” by Jerry Lee Lewis

Episode fifty-nine of A History of Rock Music in Five Hundred Songs looks at “Whole Lotta Shakin’ Goin’ On” by Jerry Lee Lewis. Click the full post to read liner notes, links to more information, and a transcript of the episode.

Patreon backers also have a ten-minute bonus episode available, on “So Long I’m Gone” by Warren Smith.

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Unexpected Elements - New Malaria target

Molecular scale investigations have identified the mechanism which confers resistance to antimalarial drugs. Researchers hope work to turn off this mechanism could mean cheaper well known antimalarials can become effective once again.

We look at the threat to weather forecasting from 5G networks, discuss the origins of much of the technology in our mobile phones and ask what food we’ll be eating in the future and how the past can inform this.

Science fiction is full of people settling on distant planets. But even the closest stars would take millennia to reach with current speeds of travel, by the time any passengers reached an extra solar planet, they would be long dead.

So CrowdScience listener Balaji asked us to find out whether humans could hibernate for interstellar travel?

To uncover the science fact behind this idea, Anand Jagatia holds a tiny hibernating dormouse at the Wildwood Trust in Kent, and meets Dr Samuel Tisherman who puts his patients into suspended animation for a couple of hours, to save their lives after traumatic injuries that cause cardiac arrest. We ask if Dr Tisherman’s research could be extended to put healthy individuals to sleep for much longer periods of time?

It’s a question that neuroscientist, Professor Kelly Drew is studying, in Alaska Fairbanks. She uses Ground Squirrels as a model to understand internal thermostats, and how hibernating mammals manage to reduce their core temperatures to -3 degrees Celsius.

Anand speculates wildly with science fiction authors Adrian Tchaikovsky and Temi Oh whose characters in their books ‘Children of Time’ and ‘Do You Dream of Terra Two?’ traverse enormous distances between habitable planets.

But is human stasis something that would actually be useful? John Bradford is the director of SpaceWorks, this company works with NASA to try to investigate human hibernation for space travel. He’s trying to make space-based human hibernation a reality, and it seems that may be closer than you’d think.

Image: Mosquito. Science Photo Library

Science In Action - New malaria target

Molecular scale investigations have identified the mechanism which confers resistance to antimalarial drugs. Researchers hope work to turn off this mechanism could mean cheaper well known antimalarials can become effective once again.

We look at the threat to weather forecasting from 5G networks, discuss the origins of much of the technology in our mobile phones and ask what food we’ll be eating in the future and how the past can inform this.

Image: Mosquito. Science Photo Library

Presenter: Roland Pease Producer: Julian Siddle

The Intelligence from The Economist - Terrorist on parole: A jihadist killer fools Britain’s justice system

The Islamic militant who killed two people in London last week was supposedly being monitored by the authorities. That revelation has prompted a fierce debate about what went wrong. We take a look at the state of the global AIDS epidemic. And as their country goes to wrack and ruin, Venezuelans have been turning to video games, but not for the reasons you might think. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer

You're Wrong About - The O.J. Simpson Trial: Paula Barbieri Part 2

"There’s no precedent for women in this family being treated like they matter."

Sarah tells Mike about the Bronco chase as Paula Barbieri experienced it. Then, she recounts how a poor kid from Panama City, Florida, made it all the way to the high-fashion world of Paris, France—and discovered that she had jumped out of the frying pan and into the fire. Sarah continues to compare everyone to Erin Brockovich.

This episode begins with a lengthy discussion of O.J. Simpson's suicide attempt on the day of the Bronco chase. We go on to describe scenes of domestic violence and attempted sexual assault; Paula deserved better.

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Sarah's other show, Why Are Dads
Mike's other show, Maintenance Phase

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The Best One Yet - Rename Black Friday — SoulCycle vs. Peloton — Dollar Tree’s 19% stock plummet

Black Friday in-store shopping actually fell from last year — but purchases made on smartphones and with in-store pickup dominated, so we’re renaming it: “Mobile Cyber Pickup Week.” SoulCycle just lost its CEO while Peloton stock had its best week ever, so we’re getting on both bikes. And Dollar Tree’s stock dropped 19% last week, so we’re looking at how tariffs are about to change everything. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.