The Degenerate Gambler’s Guide to the Election - podcast episode cover

The Degenerate Gambler’s Guide to the Election

Oct 09, 202444 minSeason 1Ep. 23
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Episode description

Nate and Maria give a degenerate gambler's guide to the election, covering everything from Nate’s $100k gamble on Florida to listener-inspired prop bets. Maria explains why poker bots are shaking up the world of online poker. Plus, Nate and Maria lament the spread of AI “slop” online, and re-evaluate their p(doom) in light of recent developments at OpenAI. 

Further Reading:

Should Kamala Harris gamble on a Blue Florida? from the Silver Bulletin 

The Russian Bot Army That Conquered Online Poker from Bloomberg

A Further Investigation into the Existence of the BotFarm Corporation from Poker Pro 

Poker-Bots: The Call Is Now Coming From Inside The House from Legal Poker Sites

For more from Nate and Maria, subscribe to their newsletters:

The Leap from Maria Konnikova

Silver Bulletin from Nate Silver 

See omnystudio.com/listener for privacy information.

Transcript

Speaker 1

Pushkin. Welcome back to Risky Business, our show about making better decisions. I'm Maria Kanakova.

Speaker 2

And I'm Nate Silver. Today on the show will be giving you a degenerate gambler's guide to the election, including a big proposed election bet which has not been reciprocated yet.

Speaker 1

After that, we're going to talk about the threat of pots and automation to one of the things that Nate and I hold dear to our hearts, poker and online poker specifically, and then.

Speaker 2

We'll re evaluate p doom, the probability of severe misalignment from artificial intelligence in light of recent news at Open AI. This is a good episode, Maria. I feel like we were kind of hitting all the basic angles today.

Speaker 1

I feel like we are too, so so let's uh, let's get it started. Nate, I couldn't help but notice a recent exchange on Twitter that you that you engaged in, As so often happens, your views on Twitter were challenged. I know this is this comes as a shock to everyone every time I hear it. You know, people don't always agree with you, and this particular challenge was about Florida right and about the likelihood what percentage by what

percent Trump was going to carry Florida. So do you want to do you want to talk us through a little bit what happened and why we're why we're starting our show with this particular Twitter exchange.

Speaker 2

Yeah. So we published an article at Silver Bulletin late last week pointing out that that Florida's kind of close in the polls, Harris is down by about three and a half points, similar to Trump's margin of victory in twenty twenty, and that maybe the Harris campaign, you have infinite money, it's worth actually investing in the Sunshine State. The American investor Keith Erboy, He's like, you're an idiot. Trump's gonna win Florida by This is not the literal

verbatim version, right, You're an idiot. Trump's gonna win Florida by at least eight points, if not ten or twelve. And I'm like, okay, bro, how much are you willing to, like, actually wager on this? And he says one hundred K, which seems like a seemed like a good amount to me. Right, it's a serious it's a serious adult bet. And by the way, there's a chance that Trump will win Florida by eight points or more if you look at polymarket,

about twenty five percent. But I'm willing to take one hundred k bet where I win seventy factions of the time. And so I said, okay, you got to send me a contract though, because you've been sketchy lately, and I don't really you know, he's not like a known I mean, ironically, like known gamblers are like more reliable for payout stuff, right, But I don't want him saying like, oh, the election was stolen. I don't want him saying, oh haha, I

was just joking. So need some type of third party to step in and create a contract or at least create an obligation expectation. So far that has not happened. We had a little bit of negotiations by back channel email. The mutual friend said I'm willing to do this and then and mister Riboy has not replied yet, so I'm not sure kind of how much more time I want to give my I don't like giving people free options, right.

You know, if there's a poll that comes out this week showing Trump way up in Florida, then all of a sudden, his bet becomes not plus TV but better, but Yeah, So anyway, I think this is an honorable way to resolve differences, right that if you actually have to pay a tax for your bullshit on Twitter, right, seventy five percent chance of losing one hundred K, then that to me seems like you know, I think the world will be better off if people spent more time

betting and less time trolling on Twitter.

Speaker 1

Absolutely, I think that there should be a bullshit tax, for sure. And just so that the the audience is up to date, this is not the first time you've been challenged. To date, not a single person has actually taken you up on your Nobody ever, actually, nobody has goes through Yeah, nobody has Heath ever done.

Speaker 2

To a further step than most people do, right, So give them credit for that. But like, but yeah, they almost always back down because if I'm making a bet,

they're typically carefully. I'm not trying to eke out you know, one or two percent ev bets right, in part because I have a lot on the line anyway as far as the election goes, right, So I'm not trying to like, but if you're gonna give me a seventy five twenty five coin flip for one hundred K then I feel like I would be negligent to pass up on that.

Speaker 1

Yeah, absolutely, So you know, tune in and uh and we'll we'll see how that goes. But the news for people who do want to make bets like this not on Twitter with Nate Silver, but in general on elections.

We talked a few weeks ago about Calshi, which is a prediction market that actually operates within the United States real money bets and Calshie had been trying to for years basically make their way through the US court system to make election betting legal in the United States, to make those contracts legal here, and they had prevailed, and then the order was frozen, right, so their options on the election went live for a few hours and then

they were no longer allowed to continue while the Court of Appeals reviewed this, and they have now ruled in favor of Calshie, and so people in the United States

are once again allowed to bet on election outcomes. I actually got a very funny email from Interactive Brokers, which is an online trading platform on which I happened to have my retirement account, and they sent an email to everyone saying, hey, guys, like you can now bet on all of these election things we're going live, So it's something that immediately it seems like a lot of platforms were ready for this and are really excited to start

taking these sorts of bets. But we actually had some listeners who were interested in our takes on a few different bet ideas. So one listener, David Paul, wrote in and asked, would we bet that twenty twenty four voter turnout will be higher or lower than in twenty twenty

and why? And I thought that that was actually kind of an interesting bet proposition because you and I have discussed this a little bit in terms of how close an election is perceived to be and what the turnout is as a result of that, and also obviously how passionate people are and how engaged people are, right, and different different subsets of the population are more likely to actually go out and vote with their feet at the polls as opposed to vote on Twitter talk about how

you know one candidate or the other, but then they don't actually go and cast a ballot. So what do we think about this? What do you think about this?

Speaker 2

Well, let me ask an important question. Are we talking about the raw number of voters or the share of the eligible voting population, I don't know.

Speaker 1

Let's let's let's discuss because because I actually don't know what has happened with voter registration. Has that gone up with you know, Taitay's endorsement and all of that. Are we actually seeing a much larger number of voter registrations than we saw four years ago?

Speaker 2

Look, so, first of all, I would probably bet on turn up being a bit lower than in twenty twenty, especially with you know, if you are accounting for population growth, then it might be kind of a tass up. But if you're looking at the share of the population in part because like twenty twenty was a bit of an outlier, sixty six percent of eligible voters cast ballots. That was up from sixty percent in twenty sixteen and fifty nine percent in twenty twelve. And this is data from the

University of floor or as Election Lab website. But we have had an increase, is you know? So turnout in the twenty twenty two midterm was forty six percent, which is high for a midterm, but down from twenty eighteen. Right, you know, when it was Biden versus Trump, people were distinctly unenthusiastic about this selection. With the events of the summer with Harris taking over for Biden, then there's more enthusiasm now. But but you know, twenty twenty turnout was

really high, in part because it's a pandemic. There were more ways to vote than ever before. And I would vote on I know, sixty three percent of the voting eligible population instead of sixty.

Speaker 1

Six I suppose, so you would put your money on on lower turnout. And to be clear, we're not actually making a bet, We're not actually putting money on the line because this is not a topic that either one of us has probably a lot of conviction. And do you have to.

Speaker 2

Actually have a model. So the model predicts, oh, there we go, one hundred and fifty six million, six hundred and eighty five thousand, six hundred and eighty people exactly will vote. Okay, I obviously it's fake precision. Let me see, uh, let me see what the numbers were in twenty twenty. They say one hundred and fifty eight uh point four million people voted, and I'm predicting our mouths one fifty six point seven, so that would be off by just a million or two.

Speaker 1

Okay, but lower but lower. So so your your gut, your gut was correct, and now the silver bulletin model has validated your gut at least as of now. And these numbers might change right as you get more data.

Speaker 2

Yeah, no, I mean, so what we look at is polls asking people how enthusiastic they are about voting in the election, and people actually say they're pretty enthusiastic. However, turn out with just really high in twenty twenty, So until we see more confirmation of that than we're expecting some reversion to the mean.

Speaker 1

Great, well, if we're if we're going down that kind of Djen rabbit hole. I actually think it's in interesting because it does kind of touch on different pressure points of the election. So some other ideas, what's our over under, for one, major news outlets will actually call a winner.

I think that's an interesting one because I don't think either one of us particularly feels like the election is going to be over on November fifth, given how close it is and given the the way elections have gone in recent years.

Speaker 2

Yeah, look, I mean the over under might be you know, November fifth is a Tuesday, maybe Saturday, excuse me, Thursday morning. The seventh. I mean keep in mind that, like the networks send to be really conservative about making these calls, except for Fox News, which weirdly called Arizona for Trump when it was great premature to do so. But leave that aside for a moment. Yeah, I remember doing in

twenty twenty. I was kind of like like in the boiler room, it's during COVID doing like these are PEATV hits over and over for ABC News, and like the networks, it was obvious. I thought by like midday Wednesday that Biden was going to have enough past to victory, but the networks didn't call it until Saturday morning. But I don't mean to make light of this. I mean, like, you know, another disputed election outcome where Trump is sowing doubt about the results, that would not be great for

the US. I think people are not quite pricing in, uh, what's going to feel like if you have it, if you have an unclear, ambiguous, disputed election result.

Speaker 1

Yeah. I mean, I'm actually hoping that we do get a winner announced on the fifth or you know, on early morning of the sixth. I hope that we do have a very clear cut election, because I think that that is something that we need because we have you know, we've had some close calls and we've had a number of disputed elections in recent memory. So so that's not necessarily a great place to be when you're looking at kind of when you're looking at democratic out outcomes and

peaceful transitions of power. No.

Speaker 2

I mean, look, you don't need that much of a polling er to have a pretty clear all right, if Trump beats his polls by three points, then he wins all the swing states. Likewise, for Harris, you could even win Florida, which was a source of dispute with Keith or boy. So, yeah, you know, on what other prep bets do we have? Yeah?

Speaker 1

So, so there were a few others. One was in which of the swing states will polling to be turned out to be the most accurate and in which will it be the least accurate? So do you have as ours our pole guru, do you have a sense of how the polls are doing this year?

Speaker 2

I mean, maybe Georgia for most accurate. The polls have tended to be pretty accurate in Georgia in the past. And also like like in Georgia, like you kind of know everyone's going to vote, right, you have like the evangelical whites, the African American population, and like you have the you know, suburban so it's not like it's just a matter of kind of racing to see who can get more turnout, and that tends to make the polling a little bit easier versus states where you have like

a lot of swing voters. But I'll go with Georgia as the most accurate polling state. Do you have an opinion, Maria, No, I.

Speaker 1

Don't because I don't know. You know, I don't follow the polls as the way that you do. I just look at your outcomes, and I tend to trust you obviously when it comes to pulling red when it comes to reading the polls, so I just kind of look to see what the prevailing wisdom is. But I don't know, you know, I think that it's one thing to say, oh, you know, these are high quality polls, these are worse

quality polls, you know, et cetera, et cetera. But I think it takes expertise that I, frankly do not have to be able to say how accurate is polling within a state.

Speaker 2

I'm so torn on deferring to X, you know, because I want to how your friends like Keith r who clearly is outside his depth in this particular enterprise. A lot of the time the experts are full of shit and the non experts if I'm more full of shit? Right, Life is hard. It's hard to make predictions about things.

Speaker 1

It is hard to make predictions. And let's do a shout out to the work of Phil Tetlock, who was one of the first people to show how hard it is to make predictions and how you know experts are also often wrong. And but if we can't actually I'm curious to hear the answer to this. If we can't defer to experts, then you know what, who do we defer to? I mean, there's obviously, you know, going back to what we started off with, you know, with prediction

markets and places like cal shan As. We know you're paid advisor for polymarket. I just I hate having to throw that disclaimer out every single time, but but I think we do have to throw it at every single time. Our prediction markets a better place, Like what do we defer to? Then if we can't, if we say, like you know, you can't really defer to experts, how do you figure out you know, how do I form an opinion on this.

Speaker 2

Yeah, look, obviously my fan of prediction markets. I think I think one of if you read Phil Telllock's book that you reference, We're Expert Political judgment. I mean, you know that actually forced experts to make probabilistic predictions, right, Like what's the chance that the USSR will break up in the next ten years might have been a question

that he asked. For example, when you encourage people to do that, then you actually create more accountability, You create a paper trail because the most part like experts don't actually have incentives to make accurate predictions, you know what I mean, they have incentives to be ambiguous so they

can't be proven wrong. And so you know, stuff like what we do at Silver Bulletin is actually quite unusual, and if experts were forced to come up with actual answers then they would do they would potentially be a little bit better, although I think we'd also expose people who are not very vigorous in their thinking.

Speaker 1

Yeah, so then maybe we would be able to have kind of a hierarchy of expertise, which I think is something that is very would be very very helpful, at least to someone like me the other thing that happened in the news, kind of putting our little prop bets aside. Obviously we had the VP debates since you and I last spoke. Did that make any difference whatsoever? I know you've said over and over and over that you know, the VP debates don't really matter, piece don't usually matter.

Have we seen them matter at all in the last week or no change.

Speaker 2

There's been oddly little polling of any kind. I think the polsearch just all decided to take the weekend off. I don't know, man, you can let me say something that will get clipped onto the Twitter, right, Like, I'm not into Tim Walls really, I mean he's fine, but like, uh, you know, first of all, there's all this discussion about like, oh, you don't want to the term sain washing. It's like, oh, you don't want to make Trump Advance seem insane, and

he's like he's doing this whole nice guy thing. And I think Vance is just objectively like a better debater than Tim Walls. And Tim Walls was obviously extremely nervous for the first fifteen minutes of the debate, which is a part that people often remember, like it won't matter I don't think very much of the end. The polls showed that people thought the debate was a tie basically, but I don't know, you know, it's kind of you have your one job thing and you should really nail

that debate. And he I think it was tactically not very good at going after JD. Vance and I'm I'm just not into it. I don't really understand, you know what. There's like feeling of euphoria after Harris replaced Biden, and I think people therefore overrated everything she did in that period after that. And if it were me, I would rather have, say, the extremely popular governor Pennsylvania, which is the most important tipping point of the state.

Speaker 1

Yeah, well, let's see what ends up happening, and after the break, we'll talk about betting on something else, which is betting on cards and poker bots. Nate, if I remember correctly, way back when you made a living professionally playing poker online playing limit hold him? Is that correct?

Speaker 2

That's correct? For preire to two for three years, I guess three years. Yeah, my main source of income was playing fricking party poker.

Speaker 1

And when was this let's put it on a timeline.

Speaker 2

It's two thousand and four to two thousand and six, and then then I had a year where let's not tell them, but I actually lost money in two thousand and seven after the game's cut. So the US Congress passed a bill called the U I G E A EUG U G. Yeah, and once that happened, the game started to dry up and Party Poker closed. And but anyway, yeah, I'm actually I was able to change my whole career by playing online poker basically.

Speaker 1

Okay, So the reason that I asked about this is this past week, we've had several blockbuster investigation pieces come out about bots in online poker and bots as kind of an existential three to the game. So the first of these came out on September twentieth, and it was a piece by kit Chilo, who has been doing this deep dive investigation into a massive, massive Russian bought. He

calls it an army. So usually in the online poker world we talk about bot farms, but when you read this piece, you realize that, holy shit, army might actually be a legitimate way to look at this. So he had kind of found a few breadcrumbs that then led him to poker forms to people who actually were involved

in this bot operation. And it turns out that this group, originally this group of students, then it grew much bigger, is working, you know, in the depths of Siberia, and these are stats nerds, college students who need extra income and they want to get better at poker, at online poker, and so they start kind of playing around with basically what you know today we'd call solver software. Then they start developing little bots to try to implement some of

these ideas. Fast forward to kind of the capabilities that these bots can actually be deployed onto poker platforms, and these bots start being used and start winning money on

online poker sites in great numbers. And then it turns out that some online poker sites might even be deploying bots themselves in order to generate artificially larger player pools, because if you're an online poker site, you don't particularly care if the person playing the rag is a little bot or a human as long as you get the money. And so then after this Bloomberg piece came out, a second piece came out by Jonathan Robb and he investigated

further and actually named names of some online poker companies. Anyway, this is a very long introduction, so we'll talk more about this later, but it seems like we see quite the existential threat to online poker and to players and it like yourself who look at online poker as a way of making money. So what what do you think? You know, have you been following this poker BT explosion at all and have you given any thought to kind of the state of online poker play.

Speaker 2

I mean, first of all, I don't look at online poker as a way to make money. I look at it as a form of recreation, I suppose, because like to me, it seems like a somewhat unsolvable problem that you have solvers now that can that can give you a game theory optimal solution to a poker hand, never mind anything more advanced about like doing data mining particular opponents. You know, to me, unless you're interested when you're actually

having somebody like physically on a camera or something. Then you know, combined with the fact that, like as it says the Bloomberg article, it's kind of a Darwinian struggle to begin with online poker, right, people are already playing pretty close to optimal that I just don't. I wouldn't want to have to live my life now trying to make money playing poker online. And and there are home games that people say, but I just think the risk is pretty is pretty high.

Speaker 1

Yeah, And when we when we look at kind of these further investigations. So this second article that I alluded to, the Jonathan rob piece in Poker Pro, he actually found kind of this one site, jack Poker that seemed to be almost entirely creating their playerpool out of bots, which is kind of crazy, right, And he you know, signed up as a real person with real money, and then he noticed these crazy patterns in their tournaments, et cetera.

Went down that rabbit hole and actually saw that they were connected to their user interface was connected to this corporation that Chile had wrote about, the Bot Farm Corporation BFC, and what kind of they're deep play software, which is kind of these bots that they were deploying. And if it's true that sites like that are actually kind of embracing bots in some ways like that to me is

quite worrying. By the way, time for my own disclaimer, as people know, but I should say I'm an ambassador for Poker Stars, which is also an online poker site. Poker Stars was not implicated in any of this, but you know, I should, I should throw that out there.

Speaker 2

I mean, like there are incentives to not have perceived or actual cheating. I suppose it just that, you know, I mean when you can like, I don't know. I mean it's I tried to play poker against chatchipt once.

Speaker 1

Really, how did that go?

Speaker 2

It's very nitty. No matter what options you give it, it always just checks the pot down, even if it has like the nuts. So you know, maybe we still have some time for humans to be better than Chetchapet at poker. But like, but you know, it's an asymmetric arms race. It's just hard for me to imagine that someone who is connected to a computer can't find efficient ways to cheat. Basically, yeah, I mean.

Speaker 1

This is clearly a real problem, and there are I do think there are solutions. By the way, you can usually figure it out when you're looking at deep analysis.

So Nate, as a statistician and someone who does this kind of analysis, you can probably appreciate that if you have a database of you know, hundreds and thousands of hands, you can start seeing is this a person or is this a computer that has some sort of regular type of output and you know, flagging and getting rid of those things immediately is a is a big one the other one, And I don't think anyone wants to do this,

but I think it could. I think it's potentially kind of the future of a safe poker environment is what if we play on camera? Right? Like, what if you have those types of checks where you actually try to monitor who's playing, how they're playing, et cetera. And even that's not perfect obviously, but there are certain things that you can start doing. But it takes a lot of resources,

and the incentives, unfortunately, are often with the players. And as you said, it is an arms race, like we can learn to try to figure out, oh, what's this kind of bot look like? What does that kind of bot look like? And then someone comes up with something better, someone who deviates or you know, something that looks more human like like the Turing test. Right, every single year becomes more and more likely that we'll actually have someone

be able to beat the Turing test. I think all of our listeners probably know what the Turing test is, but do we want to pause for a second to explain what that is for people who might not know.

Speaker 2

Yeah, I think probably most people know. But the Turing test is basically, can you program I mean it's actually anticipates chat GPT pretty well, right, but can you tell if you're having a conversation with a human being versus a computer? And yeah, no, I mean like CHUTCHIPT, I mean it has signature for example, frequently says as a

large language model, which is something that like. But the thing even that though, like, you know, so if you do play online poker and you're playing a lot of hours and sometimes you get a prompt saying prove that you're a human, right, do some task now that proves that you're a human and not just a bot. But the thing is, though, like you could intentionally introduce some

degree of like randomization. I mean, one thing about cheaters in general is that most cheaters are really greedy, or at least the ones that get caught right, and so they cheat too much. When if you were a smart cheater and poker could just kind of get away with the edge cases where you magically happen to know in the spot where you're a different what your opponent has on the river, And instead people get very greedy, but

I just think it's kind of asymmetric warfare. In the end, life poker is good, though, yes, more life poker.

Speaker 1

I agree. I think life poker is certainly a for know, though not altogether safe. You know, we've we've had live cheating scandals as well.

Speaker 2

And this has always bugging me at like poker is quite forgiving. I think of cheating other bad behavior and ways like yeah, it should just be banned for many casino for lifetime or for five years and for things like that, and instead they're kind of like slap on

the wrist at the time. Yeah, you know, Isaac Heckson, I talked to you for the book, one of the best players in the world, and told me that his ROI and online poker is about ten percent, which is not actually very good, or said under ten percent in the single digits, right, So forever, forever, thousand dollars he invests in playing a tournament, that's one of the best players in the world, you know, maybe he has an expected return of fifty or sixty dollars from that, Like

that's actually, given the variants of poker, not a very good deal, right, And if he one of the ten to twelve best players in the world is only making that much, then I I don't think very many people are really beating online poker sites without cheating in the long run.

Speaker 1

Yeah, I think that that's that's very sobering. I did not I did not realize that that I could communicated those numbers to you if if one of the best players in the world says that, but I will caveat that was saying. Mike also plays in a lot of much harder games, right, He's probably not playing in some of the lower buying tournaments that you know, you and I would would play in. He's probably playing the high rollers.

Speaker 2

But still, it's pretty it's pretty frightening.

Speaker 1

Yeah, for sure, for sure. So I'm very curious to see, you know, what the fallout is going to be of all of this, whether sites are going to address it, whether they're you know, what the what the changes are going to be. There was you know, for instance, I the last poker live Poker I played was European Poker Tory PT Barcelona, and at that stop that happened right

after there were some cheating allegations. We we we don't have to go into into details on those, but of live poker and of certain methods of being able to kind of see cards live at the table. And so what Poker Stars announced at the stop was some new rules, including no phones on the tables, no phones on the rails. And I think that, you know, things like that actually show that, Okay, we're we're trying to take some of

these threats seriously as they're evolving. And I went to step further and I said, you know what, like we should ban phones at the table period, We should ban sunglasses at the table. You know, there are certain things that like we just know that there's cheating technology that

can be used in those instances. And I love having my phone, but you know, I'm willing to put it on the floor and to not touch it for an hour, Like I'm okay with that, And I actually think it would be very good for everyone's mental health to not have your phone on you.

Speaker 2

Twenty four se day, Day twenty six of fifty two with the Worldter's of Poker, You're playing in some eight hundred dollars freeze out ten handed with the guy from Buffalo, who I mean is taking fifteen seconds to fold. I mean, you want your fucking phone, don't you?

Speaker 1

I do want my fucking phone, but for the greater good of the things.

Speaker 2

Why I'm making fun of Buffalo by the way, we love Buffalo.

Speaker 1

Oh, Buffalo has taken some flack from us in the past. I just remembered because you were.

Speaker 2

Forgot the unexpected layover.

Speaker 1

Yeah, you had a Buffalo layover anyway, Sorry, Buffalo, You're great. But you know I would I would take one for the team and be willing to give up my phone a little bit if it meant you know, game integrity and things that are kind of safer for the game. So, you know, I think, But just to wrap this up,

I think there are existential threats. We need to address them, and we need to figure out kind of the best way forward because I think you and I both feel that poker is a great game and a game that can really kind of help people think better, make better decisions, and be great if people could safely continue playing in all in all forms, and I hope that happens.

Speaker 2

Speaking about existential threats, you want to talk about open AI real quick?

Speaker 1

Yeah, So now we've been talking about existential threats to poker, and after the break, let's talk about open an AI and revisit some of those existential threats day a while ago. I think the last time we spoke about the concept of p doom was what a few months back, right where we talked about the risk that AI poses to the world. Last week, in the last week, there's been a lot of news coming out of open Ai, a lot of new departures and a lot of fundra saying.

Speaker 2

So yeah, open ai raised six point six billion, we are told by our reliable producers, at one hundred and fifty seven billion dollar valuation. It is losing a lot of money. By the way, this hardware is expensive, compute is expensive. The commercialization has not been great so far, but people are betting on the upside outcome of this being you know, maybe the leading AI company. But it's begun. You know. Open ai began its life as a nonprofit co founded by.

Speaker 1

Rest and Peace and nonprofits.

Speaker 2

Yeah, co founded by Elon Musk and Sam Maltman. You know, look, Evon, he does an impressive array of things. I know that's gonna like really piss off half our audience, right, but like the fact that this isn't even his main thing. It's not Tesla or SpaceX, and that he has open AI and and neurallink, and for some reason it decides to invest his time on Twitter slash x instead. But yeah, so open I has been in various formal and informal ways moving further and further away from this notion of

being a nonprofit. You have had a great number of the alignment people, meaning people that are so alignment is an AI term for is AI compatible with human values? Now? Whose values are these? And what's it mean to be compatible? Are big open questions. But basically Open Eye is giving up on much of the much of the pretense I suppose of being an AI safety company, and instead, you know, Sam Baltman is just saying the benefits outweigh the risks.

In a recent post, for example, he claims that we will fix the climate, establish a space colony, and have the discovery of all physics, and these will be commonplace things in the age of AI with nearly limitless intelligence and abundant energy. He claims, you know, when I talked to when I talked to in twenty twenty two, I guess it was he's like, yeah, I think that AI will solve all of poverty. So he's he's kind of a DJA. I think I don't mean that about his

personal life. I just mean that, like he is willing to make this big gamble, not because he thinks said it's to completely safe. He is clear that there are these risks, but I think he thinks that the rewards outstripped the risks.

Speaker 1

And in the meantime, I mean, I'm not sure where all this limitless energy is coming from. Because in the meantime, we've got Microsoft making plans to reopen Three Mile Island the nuclear power plant, because frankly, our power grid cannot keep up with the demands of open AI and chat GPT and what is happening there. So I think that people, you know, when we talk about existential risk, where we're talking about a lot of different things, but like the

energy demand is crazy. Like I'm very pro nuclear power, Like I think that, you know, we should be building a lot of safe nuclear power plants. Like I think that that's a great way of how the world kind of reach energy neutral status. But it's crazy that the first time people have actually like talked about and thought, Okay, you know, maybe maybe we can reopen this this power plant that's been shut down.

Speaker 2

Changed it, like give it some corporate confinity or something. Don't call it three Mile Island.

Speaker 1

Let's see right, No, that's a really bad name. But yeah, the first time that they're actually like, they're like okay, Like before they're like no, no, no, like three Mile Island, horrible disaster, blah blah blah. And then they're like, oh, open AI needs it. You know, we need it for being able to do memes with chat GBT. Hey, everyone

ask chat GPT this. Okay, let's let's reopen this. So it's just, you know, it's just absolutely backwards and to me, like a really perplexing state of affairs that he would say, oh,

you know, you know, we're solving everything. But so far, what I see is that they haven't solved a lot, and most of what they've done, you know, is actually things that have been both physically polluting the world and just polluting my head by creating an Internet full of just absolute like hallucinatory bullshit that is really difficult to parse through. Makes goop. By the way Google results now, I don't know about unit, but like I'm looking for

a new search engine because it's unusable. I'm like, what the fuck? You know? I try, I try to search for something. It's good to searches, and it's just I just want it. Can I just rant about this for one second? It seems like you want to join me now, Like, first we have this AI summary, which is usually wrong, like it's actually given me like absolutely incorrect information in that summer and I'm like, wait, no, I know this

is not true, this is not at all. And then it's all these anyway, and now it's just completely unusable. I'll let you interrupt me, because you look like you have something to say.

Speaker 2

No, I don't. I mean, so a lot of it's driven by ads, right, but yeah, the aioorviews are often not very good. And the whole point of search engine is I don't want your fucking summary of it. I want to go to a website, right, I want to choose which website I go to. Just give me a list of good fucking websites, Google, And instead you have this like AI summary, which I think is a product that is frankly behind both chatchipt and Claude, which is

the anthropic product. And I think Google is terrified because say, Google developed the transformer algorithm, right, Google has harnessed a lot of the talent but they've had for years, they've had like a brain drain and more. Why that is for internal cultural reasons, I won't speculate, but like, but I wish that Google didn't like shove this mediocre version of AI for its once very wonderful search product in our in our face. That that really annoys me.

Speaker 1

Yeah, but we're it really annoys me too. And you know, listeners, please recommend a good search engine that you actually trust, that gives reliable results instead of Google, because it's just it's just killing me. But this kind of drek, I mean, that's one of the things that we're seeing so far. It hasn't revolutionized humanity. It's created a lot of drek or slop as as some writers have called it. And you know, the the Internet is it's you know, it's

more difficult to use. And when I go to look for, you know, answers to things, oftentimes I can't figure out. Unless I go to like, you know, Bloomberg right or The New York Times or just a site that I know to be trustworthy, I can't even figure it out. And even then, if I go to ESPN, they have articles that have been written by chatbots right by chat GBT by other AI kind of large language models, and

they often create fake names and fake photographs. And I'm singling out ESPN because I know it doesn't I don't know, you know what other sites do it, but it's it's a problem where I, you know, before I was thinking of p doom in terms of like the world's going to help and we're going to not survive, but also there's like a p doom of my brain and of the usability of the Internet. And I'm like, what the hell is happening right, Like this is really cognitive load

is going up. It's over taxing me, and like I don't want to have to deal with this, Like just give me real articles, real information, real people, like things I can trust, and don't give me. Don't force me to have to like figure out you know, two paragraphs in Wait, this is definitely not written by a human, and I can't trust anything it says.

Speaker 2

You know, Look, when Sam Altman says we're going to solve all of physics, I mean that that to me. Uh, I'm a little skeptical about that, right. I think we kind of end up in like many universes where AI is a highly useful product maybe not good for society,

maybe not. But like, I don't know, I don't really think that we're going to solve all of physics through deep learning, right, I mean, I, you know, to extrapolate out to these super human accomplishments from doing human things, well, I think it's I think the jury is still out

and where that will occur or not. I mean, look, should your pea doom be going up as a result of this, I suppose though for me it kind of seems like the inevitable game theory optimal out come anyway, right, is that people pursue profit in the capitalist system, and that you know, and that it's the role of the public sector decide if, how and when we want to regulate AI companies. Gavin Newsome vetoed and AI regulation bill actually had passed the California Congress.

Speaker 1

So yeah, that was that was kind of crazy, and his justification for doing it was kind of crazy. You know, he said that it's only targeting certain companies. That's fine, Okay, pass it and then do another one to target other companies. But yeah, I think that I think that this is a really kind of interesting situation that we're in right now.

I'm curious to see how it evolves. But I wish, you know, I wish that we weren't taking such a toll on you know, collective brain power, on environment, on other things as we wait to see what regulation will happen and what will actually happen. Do you have a percentage for your new P doom or not?

Speaker 2

Really?

Speaker 1

You know, we're not going to put numbers.

Speaker 2

Given enough percentages today, I feel like I give the exact number.

Speaker 1

That's fair, that's fair. But yes, I now have two P dooms. I have my PE doom with the capital D, which is kind of the world destroying, and I have a lowercase P doom, which is my brain blowing up because of all of the bullshit that's happening on the Internet.

So this is just my play, Like, let's let's try to reverse some of this, and let's try to make the internet back into a usable experience, because otherwise we're going to have to it's about to say, otherwise we're going to have to just keep go to libraries again and like just rely on paper. But we can't even do that because libraries have become inundated with books that have been written by any guys and librarians have to know try to figure out what the hell to do

with this. So it's a problem that's just permeating everywhere, and I'm not happy about it. And on that note, I think, I think we've talked a lot today about about some interesting trends, and I'm very curious to see how all of these different things will develop. And I'm I would like to be an optimist and say that things will get better, but I don't know.

Speaker 2

I used to, and I think I'm an optimis I mean, think about how nurotic most people are, right compared to most people, I'm an optimist.

Speaker 1

All right? And these are two optimists signing off on this.

Speaker 2

Week's Risky Business.

Speaker 1

Risky Business is hosted by me Maria Kannakova.

Speaker 2

And me Mate Silver.

Speaker 1

The show is a co production of Pushkin Industries and iHeartMedia. This episode was produced by Isabelle Carter. Our associate producer is Gabriel Hunter Chang. Our executive producer is Jacob Goldstein.

Speaker 2

And if you want to listen to an AD free version, sign up for Pushkin Plus. For six sinety nine a month, you get access to ad free listening. Thanks for tuning in.

Speaker 1

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