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A common belief among economists is that the central bank determines what interest rates should be. But is that accurate? Indeed, there is more to the story.
Original article: Does the Central Bank Determine Interest Rates?
Ravi dives into the big questions facing America in the wake of the 2024 election, exploring everything from what we can expect from a second Trump administration to how Democrats can confront their party's disconnect from reality. He then responds to listener voicemails about voter psychology, the influence of social movements on political discourse, and the need for grounded, character-driven leadership during divisive times. Finally, Ravi reflects on the future of media across the political spectrum and the importance of accountability in a polarized society.
Leave us a voicemail with your thoughts on the show: 321-200-0570
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Follow Ravi at @ravimgupta
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Notes from this episode are available on Substack: https://thelostdebate.substack.com/
Lost Debate is available on the following platforms:
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When companies or crypto go parabolic, force yourself to think: what does normal look like?
(00:13) Tim Beyers and Dylan Lewis discuss:
- Bitcoin blowing past $800 and setting fresh all-time highs, and how investors should manage the expectations being built into crypto and companies like Robinhood and Coinbase.
- Axon also feeling the euphoria – up 40% post-earnings – and why the company’s recurring revenue and potential new businesses help it live up to its big valuation.
(19:14) Motley Fool Analyst Sanmeet Deo joins Ricky Mulvey to check in on another 2024 highflyer – Reddit – and why the company’s data is a treasure trove of data for large language models.
Companies discussed: BTC, HOOD, COIN, AXON, RDDT, META
Host: Dylan Lewis
Guests: Tim Beyers, RIcky Mulvey, Sanmett Deo
Engineers: Dez Jones, Rick Engdahl
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Dario Amodei is the CEO of Anthropic, the company that created Claude. Amanda Askell is an AI researcher working on Claude’s character and personality. Chris Olah is an AI researcher working on mechanistic interpretability.
Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep452-sc
See below for timestamps, transcript, and to give feedback, submit questions, contact Lex, etc.
Transcript:
https://lexfridman.com/dario-amodei-transcript
CONTACT LEX:
Feedback – give feedback to Lex: https://lexfridman.com/survey
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Hiring – join our team: https://lexfridman.com/hiring
Other – other ways to get in touch: https://lexfridman.com/contact
EPISODE LINKS:
Claude: https://claude.ai
Anthropic’s X: https://x.com/AnthropicAI
Anthropic’s Website: https://anthropic.com
Dario’s X: https://x.com/DarioAmodei
Dario’s Website: https://darioamodei.com
Machines of Loving Grace (Essay): https://darioamodei.com/machines-of-loving-grace
Chris’s X: https://x.com/ch402
Chris’s Blog: https://colah.github.io
Amanda’s X: https://x.com/AmandaAskell
Amanda’s Website: https://askell.io
SPONSORS:
To support this podcast, check out our sponsors & get discounts:
Encord: AI tooling for annotation & data management.
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OUTLINE:
(00:00) – Introduction
(10:19) – Scaling laws
(19:25) – Limits of LLM scaling
(27:51) – Competition with OpenAI, Google, xAI, Meta
(33:14) – Claude
(36:50) – Opus 3.5
(41:36) – Sonnet 3.5
(44:56) – Claude 4.0
(49:07) – Criticism of Claude
(1:01:54) – AI Safety Levels
(1:12:42) – ASL-3 and ASL-4
(1:16:46) – Computer use
(1:26:41) – Government regulation of AI
(1:45:30) – Hiring a great team
(1:54:19) – Post-training
(1:59:45) – Constitutional AI
(2:05:11) – Machines of Loving Grace
(2:24:17) – AGI timeline
(2:36:52) – Programming
(2:43:52) – Meaning of life
(2:49:58) – Amanda Askell – Philosophy
(2:52:26) – Programming advice for non-technical people
(2:56:15) – Talking to Claude
(3:12:47) – Prompt engineering
(3:21:21) – Post-training
(3:26:00) – Constitutional AI
(3:30:53) – System prompts
(3:37:00) – Is Claude getting dumber?
(3:49:02) – Character training
(3:50:01) – Nature of truth
(3:54:38) – Optimal rate of failure
(4:01:49) – AI consciousness
(4:16:20) – AGI
(4:24:58) – Chris Olah – Mechanistic Interpretability
(4:29:49) – Features, Circuits, Universality
(4:47:23) – Superposition
(4:58:22) – Monosemanticity
(5:05:14) – Scaling Monosemanticity
(5:14:02) – Macroscopic behavior of neural networks
(5:18:56) – Beauty of neural networks
In this episode of “Gen C”, CMO of Avalanche, Grad Conn discusses everything from digital brand building to on-chain ownership rights, and shares insights from his decades of experience with Microsoft, Sprinklr and other tech companies.
CMO of Avalanche, Grad Conn is bringing decades of marketing experience from CMO roles at Microsoft and Sprinklr as well as his own tech startups to the pod. In this episode, he discusses Avalanche's approach to building a developer-friendly blockchain and draws parallels between Web3 and the early days of the internet.
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"Gen C" features hosts Sam Ewen and Avery Akkineni. Executive produced by by Uyen Truong. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon.
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