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Back to episode — Episode 2653 CWSA 11/08/24

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e employees. And do you know what I say about that? Dad joke alert. A dad joke will be delivered momentarily. If you don't like dad jokes, cover your ear holes. But for the rest of you, get ready for this. That's right. Coffee is good when the chips are down. All right. I would like to tell you a little story that makes me feel good. So this morning I do a pre-show before I do the show that you'r…

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e world, and he'll show you why.

Meanwhile, trust in physicians and hospitals has decreased by 31% since 2020. Oh, surprise. So there's very little trust in hospitals and doctors these days. And I've said this before but I'll say it again. You may find yourself in a situation where you need to explain to your doctor that you trust your doctor but you don't necessarily trust the system that constrains your doctor's choices. So your doctor is working under the umbrella of what will the insurance company back you on. You know, if the insurance company isn't going to back you on it, better not do it. And most of them have bosses and the bosses are big organizations that have to do what the government says or what Big Pharma says or what somebody says.

So I'm finding that it's useful to set down a standard that you believe that your doctor is a qualified person doing the best they can, means well, but you understand they're constrained and that you're going to have to work with that constraint. And that means that you might have to make some decisions that are outside of their narrow range of prescriptions. Now I hope I'm not giving advice because some of you get killed by ignoring your doctors. Don't do that. Don't ignore your doctor. But I do think we're in an age where you can't just automatically assume everything they tell you is the right answer.

So maybe the best advice I can give you is that if you haven't at least gotten a second opinion from AI you should do that. You'd be surprised how good AI is on the medical stuff already. I would not replace your real doctor with AI, so don't get me wrong. It's not time to do that. But if you wanted a second opinion, such as let's say your doctor says take a certain drug and you didn't hear any side effects mentioned, you might want to look at the side effects. You know, AI will help you a lot.

Speaking of AI, Jeff Bezos and others have invested in this new robot company. It's called Physical Intelligence and they're teaching their robots to do physical things in the real world such as chores and folding laundry and such. But what makes it different is that the normal way to train your AI would be large language model which isn't going to help for physical tasks. But also just to look at a million different things and then from those million different things try to duplicate whatever you need. But if you take something like folding laundry, it's never really exactly the same twice. You know, every shirt's a little different, etc. So you need something that's a little smarter than just copying what it's seen before.

And so they've got some kind of algorithm for physical applications. So they think they're building a general purpose artificial intelligence for physical. So instead of training your robot to do something specific like do this exactly like this, somehow it can figure out physical tasks and the smarter way to do them in any given situation it's never seen before. Now if they can pull that off, holy cow. I don't know if they can. But imagine if they can pull that off, that it can understand its world the same way you do and it wouldn't need to be trained on anything. It just has an algorithm that manages the real world. So I could see why somebody rich would put some money in that.

I've seen some smart people — I think Marc Andreessen and some others have said that now with Trump in office and his propensity to get rid of red tape and regulations, and of course Elon w

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ill be getting in and doing his thing, that might reduce the government burden on business. And oh I didn't mention this but in my conversation with Naval Ravikant he mentioned that he put out the word that he would be willing to help in the Trump administration. And not I'm not talking about taking a cabinet position but maybe in the way that Elon's helping. You know, something that he would be u…

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