my private podcast channel
Hosted on Acast. See acast.com/privacy for more information.
Stephen Schwarzman is the CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with over 530 billion dollars of assets under management. He is one of the most successful business leaders in history, all from humble beginnings back in Philly. I recommend his recent book called What It Takes that tells stories and lessons from this personal journey.
Support this podcast by signing up with these sponsors:
– ExpressVPN at https://www.expressvpn.com/lexpod
– MasterClass: https://masterclass.com/lex
EPISODE LINKS:
What It Takes (book): https://amzn.to/2WX9cZu
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, follow on Spotify, or support it on Patreon.
Here’s the outline of the episode. On some podcast players you should be able to click the timestamp to jump to that time.
OUTLINE:
00:00 – Introduction
04:17 – Going big in business
07:34 – How to recognize an opportunity
16:00 – Solving problems that people have
25:26 – Philanthropy
32:51 – Hope for the new College of Computing at MIT
37:32 – Unintended consequences of technological innovation
42:24 – Education systems in China and United States
50:22 – American AI Initiative
59:53 – Starting a business is a rough ride
1:04:26 – Love and family
We bring you all the big state and local news this week as the covid-19 crisis continues. WBEZ state politics reporter Dave McKinney and Sun-Times columnist Laura Washington break it all down, from City Hall to the statehouse and everywhere in between.
Despite being a universal need, talking about our toilet use and the infrastructure that aids us remains somewhat taboo. Whilst sectors like telecommunications and computing have undergone rapid transformations over the past century, the flush toilet and wastewater system have mostly remained unchanged.
CrowdScience listeners Linda and Allison wonder if flush toilets – and the clean water used to wash waste away - make economic or environmental sense. So CrowdScience presenter Marnie Chesterton looks under the toilet lid, to probe (in a sanitary fashion) whether our sewerage systems and plumbed toilets are fit for purpose. In a future where population growth and climate change are likely to affect water demands, can we continue to use clean water to dispose of our waste and should the developing world be emulating this model?
Around 2 billion people don’t have access to proper toilets or latrines, risking serious health consequences. Marnie investigates how countries without comprehensive sewerage infrastructure deal with human waste and how science is providing novel ways to dispose of - and use – human waste. Marnie speaks to a Kenyan scientist using poo-eating fly larvae to process faeces and a North American scientist who is developing a smart-toilet she hopes will monitor our health through sampling our daily movements. Are we ready to break taboos to innovate our toilet habits?
Presenter: Marnie Chesterton Producer: Melanie Brown
(Image: Man looking at toilet. Credit: Getty Images)
African presidents are among world leaders calling for a free Covid-19 vaccine that should be made available worldwide. The European Union pledges 480 million Euros to help revive Sudan's struggling economy. Our Resident Presidents tell us why health experts aren’t their cup of tea.
This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.
Niall Ferguson has called this moment an “age of experimentation” when it comes to currencies.
One of the unique features of this moment is the experiments are not limited to the traditional actors. It is not just nation-states trying to elevate their currencies in the face of the global dominance of the dollar, but non-sovereign monies born of decentralized networks that are plausible contenders in this game of currency thrones.
Bitcoin was a byproduct of the last financial crisis. This connection was immortalized in the message embedded in the genesis block: “Jan 03/2009 Chancellor on the brink of a second bailout for banks.”
More than a decade on, in our new financial crisis, the size, scale and implications of that bank bailout seem positively quaint in comparison.
This episode looks at where bitcoin and other permissionless, non-state cryptocurrencies fit in the battle for the future of money.
It starts with a look at the bitcoin narrative in the wake of the market crash. With the most significant stock market correlation of its life, did bitcoin’s digital gold narrative evaporate alongside the S&P 500?
From there, we move to an asset that has been massively in demand since the beginning of the crisis: USD stablecoins. We explore whether this is simply an affirmation of the supremacy of the dollar or represents a more disruptive force in the global monetary order.
We conclude with a look at the relevance of bitcoin on the other side of the crisis. As the market moves from deflationary to inflationary, there are many who will be looking to hard assets and sound money as a cure. In that context, bitcoin could thrive.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Retail sales fall more than 16% in April. Uber and GrubHub explore a possible merger. Marriott and Under Armour tumble on disappointing earnings. Diagnostics company Quidel gets a big boost from the FDA. And DraftKings hits a new high. Motley Fool analysts Ron Gross and Jason Moser discuss those stories and weigh in on the best way to build a portfolio. Our analysts share a couple of stocks on their radar: Intellia Therapeutics and Axon Enterprise. Plus, Camping World CEO Marcus Lemonis talks about the business of RVs and shares some insights from his CNBC show, The Profit.
Thanks to Molekule for supporting our show. Get 10% off your first air purifier at http://www.molekule.com with code “fool10”.
Learn more about your ad choices. Visit megaphone.fm/adchoices
HIV and AIDS, the syndrome the infection causes, have become the subject of numerous conspiracy theories. Over the decades people have proposed the infection was purposely designed to kill certain segments of the public, or that it was a lab experiment gone wrong, or that it didn't exist at all. For a time these theories enjoyed massive popularity in the US and abroad... but there was another conspiracy at play, one that most people weren't aware of: tune in to learn more about Russia's Operation Infektion.
Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
See omnystudio.com/listener for privacy information.
array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }