Podcast appearances and mentions of Sebastian Mallaby

In this episode, the boys cut in with two breaking stories. First, Walmart buys Vibe.co, a connected TV advertising platform, in a move that could make Walmart's already-growing ad business even more interesting. Robert believes the strategy is right, especially with Walmart's retail media business and Vizio already in the fold, but thinks the price tag may have been a bit too rich. Then Joe and Robert revisit the FIFA stadium branding story. FIFA's clean-stadium policy has forced brands like Levi's, Heinz and others to cover up their logos during World Cup matches. But instead of making those brands disappear, FIFA may have created the perfect Streisand effect. Heinz, Beats and Levi's have all turned the restrictions into creative marketing moments. Is FIFA protecting its sponsors, or accidentally giving non-sponsors a bigger story? In our main stories, Google and A24 announce a partnership around AI filmmaking tools. The big question is not whether AI will make the final movie. It's whether AI will control more of the creative workflow before the final product ever exists. Then Meta and Snap both make new moves in smart glasses. Meta pushes toward a lower-cost, more mainstream AI glasses play, while Snap launches its new AR-focused Specs. If glasses become the next interface, marketers may have to rethink content for a world where the screen is no longer in your hand. It's on your face. In Winners and Losers, Joe's winner is TIME Canada. TIME is launching a licensed Canadian edition with a local team, local office, original reporting, video, social, print and events. In a world of generated content, Joe likes the bet on trusted editorial brands with a local heartbeat. Robert's winner is McDonald's, which is bringing back the fried apple pie. Sometimes nostalgia, timing and a little bit of fried goodness is all the marketing strategy you need. In Rants and Raves, Joe raves about The Infinity Machine by Sebastian Mallaby, a book about Demis Hassabis, DeepMind and the race toward superintelligence. Robert delivers a super rant on TuneCore and how independent creators may be getting the short end of the stick as AI music floods the market and distribution platforms try to figure out who gets through, who gets blocked, and who gets paid. Also mentioned this week: In the Weights, a site that lets you see whether you show up in the "weights" of different AI models: https://www.intheweights.com/ Subscribe and Follow: Follow Joe Pulizzi and Robert Rose on LinkedIn for insights, hot takes, and weekly updates from the world of content and marketing.  ------- This week's sponsor: Did you know that most businesses only use 20% of their data? That's like reading a book with most of the pages torn out. Point is, you miss a lot. Unless you use HubSpot. Their AEO and customer platform gives you access to the data you need to grow your business. The insights trapped in emails, call logs, and transcripts.  All that unstructured data that makes all the difference. Because when you know more, you grow more. Visit https://www.hubspot.com/ to hear how HubSpot can help you grow better. ------- Get all the show notes: https://www.thisoldmarketing.com/ Get Joe's new book, Burn the Playbook, at http://www.joepulizzi.com/books/burn-the-playbook/ Subscribe to Joe's Newsletter at https://www.joepulizzi.com/signup/. Get Robert Rose's new book, Valuable Friction, at https://robertrose.net/valuable-friction/  Subscribe to Robert's Newsletter at https://seventhbearlens.substack.com/ ------- This Old Marketing is part of the HubSpot Podcast Network: https://www.hubspot.com/podcastnetwork

Sebastian Mallaby (@scmallaby) is the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations, a two-time Pulitzer Prize finalist, and the author of six books, including More Money Than God, The Power Law, The Man Who Knew, and The World's Banker. His latest book is The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence.This episode is brought to you by:Eight Sleep Pod Cover 5 sleeping solution for dynamic cooling and heating: EightSleep.com/TimAG1 Pro all-in-one nutritional supplement: DrinkAG1.com/TimWealthfront high-yield cash account: Wealthfront.com/Tim Wealthfront disclaimer: New clients get 3.30% base APY from program banks + additional 0.75% boost for 3 months on your uninvested cash (max $150k balance). Terms and conditions apply. The Cash Account offered by Wealthfront Brokerage LLC (“WFB”) member FINRA/SIPC, not a bank. The base APY as of 1/30/26 is representative, can change, and requires no minimum. Tim Ferriss, a non-client, receives compensation from WFB for advertising and holds a non-controlling equity interest in the corporate parent of WFB, which creates a conflict of interest. Individual experiences and outcomes will differ. Instant withdrawals may be limited by your receiving firm and other factors. Investment advisory services provided by Wealthfront Advisers LLC, an SEC-registered investment adviser. Securities investments: not bank deposits, not bank-guaranteed or FDIC-insured, and may lose value.*Timestamps[00:00:00] Start.[00:02:11] The twinkly eyed polymath who became Sebastian's next book.[00:06:55] Picking the next book project the way a great VC picks a startup.[00:09:41] Why God keeps crashing the superintelligence party.[00:11:13] Shane Legg's grainy 2009 prophecy — and the nervous giggle.[00:13:11] Ilya Sutskever burns an effigy.[00:13:54] Demis at 4 a.m., hunting God's algorithm.[00:18:43] Super-abundance, Mad Max, and the China shock lesson.[00:22:39] The kitchen debate with Geoff Hinton that flipped Sebastian.[00:24:06] Why a zero-percent chance of doom is indefensible.[00:24:52] Will Washington seize the labs? The Mythos wake-up call.[00:27:18] Anthropic's bull case, bear case, and a dead parent's letter.[00:33:24] Where Sebastian and Benedict Evans part ways.[00:38:16] Is the SaaS apocalypse overdone? One word: Palantir.[00:39:53] The AI friend you'll never switch.[00:41:56] Does Google win consumer AI by default?[00:44:45] Four cities, eight days: China actually talks safety.[00:47:28] A Cold War non-proliferation playbook for AI.[00:49:45] Did the chip export controls actually work?[00:51:49] Burned doves: why Washington swears China won't talk.[00:54:56] "By 2028, the race is over" — one lab boss' bet.[00:59:11] Inside Hikvision: toddlers, sensors, and US sanctions.[01:01:07] Bill Gurley's Uber bet: venture capital perfected.[01:05:18] Luke Nosek bear-hugs DeepMind into existence.[01:10:52] Thiel's heresy: never invest by committee.[01:11:59] How Founders Fund nearly fumbled the deal of the century.[01:14:30] Selling to Google for $650M: a secret British heist?[01:16:41] The Traitorous Eight, gardening leave, and the UK's to-do list.[01:20:55] Ender's Game: "That's really how I see myself."[01:23:42] Too dumb for Gödel, Escher, Bach? Maybe an LLM can help.[01:25:19] If not Demis or Sam, then Dario.[01:26:04] My royalties cliff — and what dropped in late 2022.[01:27:47] Lila Sciences and the labs that run themselves.[01:31:13] Sebastian's billboard: "Prepare your mind."[01:35:14] The one thing Sebastian will never outsource to AI.[01:40:09] Parting thoughts.For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sebastian Mallaby spent three years and 30+ hours interviewing Demis Hassabis in the back of a British pub to write The Infinity Machine, and the conversation uses that reporting to surface the most underexplored figure in AI. Demis founded the original AI lab in 2010, won a Nobel Prize, runs models that consistently top the leaderboards, and yet remains so unrecognized that Sebastian's own publisher worried no one would buy a book with his face on the cover.  The throughline is a paradox: Demis tried to prevent the AI race we're now all living through, and now finds himself one of its central protagonists. He used to believe a single lab could carry the safety burden to AGI; he now sees safety as a collective action problem only governments can solve. He hedged DeepMind's research bets across every promising direction, and as a result missed the two most consumer-defining moments in modern AI — ChatGPT and Claude Code. He nearly spun DeepMind out of Google with a secret $1B Reid Hoffman pledge backing him, but never used the leverage and stayed — and won a Nobel Prize the next year. The episode also zooms out to the structural forces shaping the race — why hyperscalers can't out-recruit concentrated-bet labs, why Sebastian gives OpenAI roughly 50/50 odds of being absorbed by next summer, why he thinks Anthropic should IPO right now, and what the personal histories between Demis, Elon, and Sam reveal about who actually trusts whom.   (0:00) Intro (2:04) Was the AI Race Inevitable? (4:03) The 2015 Safety Summit Backfire (7:15) Can Governments Actually Fix This? (9:26) How the World Misread DeepMind (11:27) Why Google Never Makes the Concentrated Bet (15:51) Project Mario: The Secret Spinout Plan (19:43) What Demis Actually Regrets (23:46) Venture Startups vs. Tech Behemoths (27:50) Controlling the Narrative (30:40) The Talent War and Hiring Brand (34:08) David Silver and the RL True Believers (38:21) Demis, Elon, and the Evil Genius Feud (42:39) Great Man Theory vs. Inevitability (45:00) What Demis Didn't Want Published With your host: @jacobeffron - Managing Director at Redpoint

For decades, artificial intelligence was dismissed as science fiction. Then one lab changed everything.Inside a small London research company, scientists were teaching machines to play games, predict protein structures, and solve problems humans couldn't. What started as an obscure AI experiment soon became the center of a global race for superintelligence — with enormous consequences for medicine, warfare, scientific discovery, and the future of human intelligence itself.On this episode of Morning Wire, journalist Sebastian Mallaby explains how DeepMind helped launch the modern AI revolution and why its founder Demis Hassabis believes artificial intelligence could push beyond the limits of human understanding. Get the facts first with Morning Wire.- - -Ep. 2815- - -Wake up with new Morning Wire merch: https://bit.ly/4lIubt3- - -Today's Sponsors:Fast Growing Trees - Visit https://fastgrowingtrees.com to get 20% off your first purchase when using the code WIRE at checkout.Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.- - -Privacy Policy: https://www.dailywire.com/privacymorning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast Learn more about your ad choices. Visit podcastchoices.com/adchoices

Kara speaks with journalist and author Sebastian Mallaby about his new book, "The Infinity Machine," and its central figure: Demis Hassabis, the CEO and co-founder of Google's AI research lab, DeepMind, and a Nobel Prize winner in chemistry.   Sebastian argues that Hassabis is one of the original scientist-entrepreneurs of modern AI. And although he's extremely competitive and research-driven, Sebastian says Hassabis is also one of the few big names in AI development who genuinely cares about public safety. However, despite his best intentions, Hassabis doesn't have the power to change the race dynamic driving AI's rapid, and potentially unsafe, development. Kara and Sebastian break down DeepMind's relationship with Google, the push toward artificial general intelligence, and whether the government can regulate the technology before something goes wrong.  Questions? Comments? Email us at on@voxmedia.com or find us on YouTube, Instagram, TikTok, Threads, and Bluesky @onwithkaraswisher. Learn more about your ad choices. Visit podcastchoices.com/adchoices

How did a teenage video game designer from London become a Nobel Prize-winning scientist behind one of the most consequential technology efforts in history? Sebastian Mallaby is a senior fellow at the Council on Foreign Relations and author of the new book, The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence which provides an in-depth look into one of the greatest minds behind artificial general intelligence. In this episode, Sebastian and Greg discuss how Hassabis's early immersion in game design and neuroscience shaped his unique approach to artificial intelligence, why groundbreaking science is increasingly happening outside academia, and the tension between scientific discovery and corporate strategy.  *unSILOed Podcast is produced by University FM.* Episode Quotes: Why AI is becoming an ‘infinity machine' 03:01: It struck me that two breakthroughs in AI pointed to more to come. And these were AlphaGo and then AlphaFold. And what these two things had in common was—you had a sort of massive combinatorial space in both cases. So with Go, because it's a nineteen-by-nineteen board, the very first move, there's three hundred and sixty-one choices, then there's three-sixty for the second one. If you multiply that out, you pretty soon get to a search space which is sort of, you know, approaching infinity in terms of the number of possible permutations in the game. And with proteins, the way they can fold is even bigger. And so in both of these challenges, effectively, you have a machine that can make sense of near infinity of data, so an infinity machine. And once you have that, I figured, well, it's niche for the moment, but it may not stay niche forever. The “Third Way” that helped Google overcome the innovator's dilemma 44:06: The third way is you have a skunkworks, like DeepMind in London, which is a separate entity, and you're letting them kind of be the new policy in waiting, like the fightback policy in waiting. And you don't activate it. But when the moment comes when your competitor embraces the new technology, and you're in danger of falling foul of the innovator's dilemma, then you've got the answer because you've been keeping it ready, and you bring it in, and then you fight back fast. How DeepMind helped Google catch up in the AI race 42:54: How did they, in the space of two and a half years, go from the merger announcement to Gemini 3.0, which was better than the ChatGPT rivals? The key to it is that DeepMind had that top-down strike-team methodology, which came from the video game development world, and they imposed that on the Mountain View team, which was much more bottom-up and kind of inchoate in the research process. And that's what generated Gemini 3.0. That's how they got ahead. Show Links: Recommended Resources: Sebastian Mallaby | unSILOed AlphaGo AlphaFold Gödel, Escher, Bach by Douglas Hofstadter Geoffrey Hinton Mustafa Suleyman Guest Profile: Senior Fellow Profile at Council on Foreign Relations Professional Profile on LinkedIn Guest Work: The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence  The Power Law: Venture Capital and the Making of the New Future  More Money Than God: Hedge Funds and the Making of a New Elite  The Man Who Knew: The Life and Times of Alan Greenspan Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Gideon talks to Sebastian Mallaby, author of The Infinity Machine, a book about the career of Demis Hassabis and his AI company, Google DeepMind. They discuss the growing backlash against AI, why people are worried, and what governments can do to mitigate the risks of the coming technological revolution. Clip: WSJFree links to read more on this topic:OpenAI's foundation to spend $250mn on research into AI's impact on economyPope's appeal can't change the AI race's risky logicAI guardrails stripped from Meta and Google models in minutesHow AI threatens the giants of consulting AI companies are just companiesSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The CDC has expanded U.S. airport screening for the Ebola virus; former FDA Commissioner Dr. Scott Gottlieb discusses risks of outbreak, as well as the potential uses for GLP-1s in cancer treatments. Author of “The Infinite Machine” Sebastian Mallaby discusses Pope Leo XIV's encyclical on AI, where humanity fits into global innovation, and the risks of unregulated technology. Plus, Uber and Lyft drivers in Massachusetts have formally unionized, Ferrari has released its first fully electric vehicle, and tensions are high in Iran.   Sebastian Mallaby - 14:28 Dr. Scott Gottlieb - 24:09   In this episode: Sebastian Mallaby, @scmallaby Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We speak to Sebastian Mallaby, author of ‘The Infinity Machine', a biography of Demis Hassabis, to discuss the Google DeepMind CEO’s views and politics around AI. With Michael Walker & James Meadway.

Demis Hassabis, Co-Founder and CEO of Google DeepMind, refused to leave London, challenged Google on AI safety and helped lead DeepMind back into the AI race.Sebastian Mallaby, author of The Infinity Machine and The Power Law, joins Andreas Munk Holm to discuss the founder psychology of Demis, the story behind DeepMind and why Europe may be entering a new era in technology.The conversation explores DeepMind's fundraising journey, the Google acquisition, the merger with Google Brain, AI safety, sovereign technology and why Demis remains sceptical of parts of Silicon Valley culture despite operating at the centre of it.Timestamps(00:00) Why Demis Hassabis matters(01:12) Why DeepMind could not raise from European VCs(07:35) The Peter Thiel chess story(11:00) What DeepMind reveals about European venture(14:42) Why Europe's tech ecosystem is accelerating(18:20) European sovereignty, defence tech and AI(21:20) DeepMind's sale to Google and tensions over AI safety(29:40) The founder psychology of Demis(41:35) Google's ChatGPT moment and Gemini's comeback(45:05) Demis' critique of Silicon Valley(50:45) Europe's AI sovereignty problem(54:05) Final thoughts and Sebastian's new bookSubscribe to EUVC, the home of European tech, for more insights.

UK supermarket bosses are up in arms over the government's plan to cap prices on key groceries. Plus: Paul Holden explains what Starmer's inner circle knew about the now-infamous Labour Together investigation, and we speak to Sebastian Mallaby, author of ‘The Infinity Machine', a biography of Google DeepMind CEO Demis Hassabis. With Michael Walker, Aaron Bastani & James Meadway.

Demis Hassabis is an artificial intelligence researcher, scientist, and entrepreneur.  In 2010, he co-founded DeepMind, an AI research lab which is now part of Google. In 2024, Hassabis won a Nobel Prize for using AI to predict the 3D structure of proteins, critical for disease understanding and drug discovery.  He was also awarded a knighthood that year by King Charles III.On April 20, 2026, Sir Demis Hassabis came to the Sydney Goldstein Theater in San Francisco to talk with author Sebastian Mallaby, who recently published a book about Hassabis's work, The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence.  The two were interviewed on stage by journalist Emily Chang.

What happens when the person building the world's most powerful technology is just as worried about it as we are? Sebastian Mallaby, the Pulitzer Prize-nominated author of The Infinity Machine, joins host Zachary Karabell to pull back the curtain on Demis Hassabis, the founder of DeepMind who is currently leading the global charge into artificial intelligence. From the "Ender's Game" mission that drives Hassabis to the chilling logic of why machines might accidentally develop a "survival instinct," this episode explores the mindset of the people shaping our future. Mallaby and Karabell discuss the "infinity" of data required to make these systems work and why the massive hunger for compute power is reshaping the global economy in real-time . Drawing a haunting parallel to Alan Greenspan and the 2008 financial crisis, Mallaby asks a difficult question: Can "the man who knew" the risks actually prevent the catastrophe he sees coming?. Together, they navigate the tension between pure scientific discovery and cutthroat Silicon Valley competition, the potential for a "Nuclear Non-Proliferation" style agreement with China, and the hidden dangers of the "open vs. closed" model debate.What Could Go Right? is produced by The Progress Network and Kaleidoscope.For transcripts, to join the newsletter, and for more information, visit: theprogressnetwork.orgSubscribe to our (FREE) Substack newsletter: https://theprogressnetwork.org/newsletter/Watch the podcast on YouTube: / theprogressnetworkFollow us on X, Instagram, Facebook, TikTok: @progressntwrkSubscribe to Zachary's Substack: www.edgyoptimist.substack.com/Follow him LinkedIn: www.linkedin.com/in/zacharykarabell

Demis Hassabis says when he set up an AI lab in 2010, “no one believed in it.” The Google DeepMind co-founder and Nobel Prize winner is the subject of Infinity Machine, a new biography by Sebastian Mallaby. The book is a portrait of Hassabis, who Mallaby characterizes as a rare competitor across both science and business. In today's episode, Mallaby speaks with NPR's Steve Inskeep about Hassabis' origins as a young chess player, his Einstein-level ambition, and parallels between Hassabis and Robert Oppenheimer.To listen to Book of the Day sponsor-free and support NPR's book coverage, sign up for Book of the Day+ at plus.npr.org/bookofthedaySee pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Renewed concerns over OpenAI's massive spending following a Wall Street Journal report, but journalist and author Sebastian Mallaby raised that issue back in January. He lays out the four problems he sees facing the company. OPEC set to lose one of its members after nearly 60 years. Plus, with gas prices hitting 2022 levels, a look at where else costs could climb as the Iran war continues.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After a shocking shooting at the White House Correspondents' Dinner on Saturday, Fareed is joined by CNN Presidential Historian Timothy Naftali to discuss what this suggests about American politics and society.    Next, after President Trump canceled a US delegation trip to Pakistan for possible talks with Iran, Fareed talks to retired US Admiral William McRaven about how the war might end.    Finally, Anthropic's new AI model “Mythos” is so powerful that the company hasn't released it to the public. Sebastian Mallaby, senior fellow at the Council on Foreign Relations, joins to discuss AI's rapid advancement and the risks that come with it.    GUESTS: Timothy Naftali (@TimNaftali), William McRaven, Sebastian Mallaby (@scmallaby)  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Two-time Pulitzer finalist on the scientist who won the Nobel Prize and may not be able to stop what he started.What if the person trying to make artificial intelligence safe is also one of the people racing to build it?In this episode of High Net Purpose, Joe McCarthy sits down with Sebastian Mallaby, bestselling author and two-time Pulitzer Prize finalist, whose latest book explores Demis Hassabis, Google DeepMind and the quest for superintelligence.Over the course of the conversation, Sebastian unpacks the extraordinary story behind DeepMind: why it was built in London, how Demis held onto a mission formed in childhood, and why the race for AI sits at the intersection of science, ambition, safety and power.From AlphaGo's victory over Lee Sedol to the battle for AI safety oversight inside Google, this is a conversation about what happens when human purpose meets machine intelligence. It asks whether AI will deepen human potential, undermine it, or force us to redefine what purpose means altogether.Along the way, we explore the role of founders, family offices and capital allocators in a world where the technology changes faster than the rules around it.This is the story of the AI paradox, and the man trying to understand the people building the future.00:00 Introduction and Episode Overview02:31 Sebastian Mallaby on Purpose and His Career05:34 Diplomacy, Complexity and the Economist06:46 How Mallaby Gets Access to Exceptional People09:24 Research as Therapy: The 360 Method10:41 Finding the Central Paradox in Every Subject11:50 First Encounters with Demis Hassabis14:46 Hassabis as Authentic Entrepreneur: The 1993 Vision17:44 Mustafa Suleiman, Geoffrey Hinton and the Co-Founders19:48 Safety Baked In: DeepMind's Founding Tension22:22 Leaked Documents and the Fight with Sundar Pichai25:39 Can Governments Actually Control AI Risk?26:51 The Innovator's Dilemma and the ChatGPT Moment29:35 Hassabis as Leader: Science, Likability and Scale30:32 AlphaGo vs Lee Sedol and What It Revealed33:31 Human Purpose in an AI World35:19 Hassabis on Consciousness and the Meaning of Being Human36:18 AI Investment Framework for Capital Allocators39:27 Health, Writing Discipline and Final Advice Hosted on Acast. See acast.com/privacy for more information.

Is it fair that only some businesses have access to Anthropic's super-powerful Mythos AI, given its ability to pierce cyber defences? Will OpenAI go bust? Will Demis Hassabis win the AI wars? Robert Peston talks to Sebastian Mallaby about his biography of British AI genius Demis Hassabis, The Infinity Machine. Note: We contacted OpenAI for comment, who told us that 'the article revisits old, widely reported episodes and frames them through selective anecdotes, anonymous claims, and incomplete context. They also said that OpenAI today is a very different company: larger, more mature, more rigorously governed, and operating at global scale. The Rest is Money is brought to you by Octopus Energy, Britain's smart energy pioneer. Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠the⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠restismoney@goalhanger.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Advertise with us: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Partnerships@goalhanger.com⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Demis Hassabis – CEO and co-founder of Google DeepMind – is one of the world's most visionary technologists. A child chess prodigy from North London, Hassabis was awarded the 2024 Nobel Prize in Chemistry for using artificial intelligence to predict the complex structures of nearly all known proteins. His company DeepMind, now owned by Google, is at the forefront of the pursuit to build artificial general intelligence, and considered Google's engine room of AI innovation.  Sebastian Mallaby – former FT contributing editor, two-time Pulitzer Prize finalist and author of numerous books – has, for the past 3 years, explored the moral questions at the heart of AI and AGI, through the story of Demis Hassabis. With extensive access to DeepMind and its key players, Mallaby has conducted hundreds of hours of interviews with Hassabis and his inner circle as well as detractors and rivals at other companies. No other journalist has had such a closeup view of the opportunities, hype and threats AI could pose for us all.  In April 2026 Hassabis and Mallaby came together for an intimate exploration of The Infinity Machine, Mallaby's definitive account of Hassabis' life and career. They discussed how he came to lead the world's most ambitious AI lab, what the pursuit of AGI might cost as well as  what it might unlock, and what the story of Hassabis and DeepMind can tell us about humanity's innate drive to develop new technologies. --- If you'd like to become a Member and get access to all our full ad free conversations, plus all of our Members-only content, just visit intelligencesquared.com/membership to find out more. For £4.99 per month you'll also receive: - Full-length and ad-free Intelligence Squared episodes, wherever you get your podcasts - Bonus Intelligence Squared podcasts, curated feeds and members exclusive series - 15% discount on livestreams and in-person tickets for all Intelligence Squared events  ...  Or Subscribe on Apple for £4.99: - Full-length and ad-free Intelligence Squared podcasts - Bonus Intelligence Squared podcasts, curated feeds and members exclusive series … Already a subscriber? Thank you for supporting our mission to foster honest debate and compelling conversations! Visit intelligencesquared.com to explore all your benefits including ad-free podcasts, exclusive bonus content and early access. … Subscribe to our newsletter here to hear about our latest events, discounts and much more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

John welcomes author Sebastian Mallaby to discuss his new bestselling book, “The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence.” Mallaby explains why Hassabis, the leader of Google's efforts in artificial intelligence, remains an obscure and under-covered figure compared with Sam Altman, Dario Amodei, and Elon Musk, the poster boys of the A.I. revolution; why, despite his relative public obscurity, Hassabis may prove more important in shaping our future than any of them; and whether he is, at bottom, the kind of person we should comfortable entrusting with such power. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Demis Hassabis – CEO and co-founder of Google DeepMind – is one of the world's most visionary technologists. A child chess prodigy from North London, Hassabis was awarded the 2024 Nobel Prize in Chemistry for using artificial intelligence to predict the complex structures of nearly all known proteins. His company DeepMind, now owned by Google, is at the forefront of the pursuit to build artificial general intelligence, and considered Google's engine room of AI innovation.  Sebastian Mallaby – former FT contributing editor, two-time Pulitzer Prize finalist and author of numerous books – has, for the past 3 years, explored the moral questions at the heart of AI and AGI, through the story of Demis Hassabis. With extensive access to DeepMind and its key players, Mallaby has conducted hundreds of hours of interviews with Hassabis and his inner circle as well as detractors and rivals at other companies. No other journalist has had such a closeup view of the opportunities, hype and threats AI could pose for us all.  In April 2026 Hassabis and Mallaby came together for an intimate exploration of The Infinity Machine, Mallaby's definitive account of Hassabis' life and career. They discussed how he came to lead the world's most ambitious AI lab, what the pursuit of AGI might cost as well as  what it might unlock, and what the story of Hassabis and DeepMind can tell us about humanity's innate drive to develop new technologies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This is one of my favorite books over recent years. Sebastian Mallaby is the Paul A. Cocker Senior Fellow for International Economics at the Council of Foreign Relations and author of 6 bestselling books. THE INFINITY MACHINE tells the story of AI's progress over the past 15 years largely, but not exclusively, from Demis Hassabis as the protagonist and leader of DeepMind', with its 2010 mission statement to achieve superintelligence by 2030. It's a rich, informative, page turner.What We Discussed:—What is an Infinity Machine?—Influence of Claude Shannon's Information Theory and Douglas Hofstadter's Pulitzer Prize winning book Gödel, Escher, Bach—Origin of DeepMind in 2010. Prescient. Charter, business plan, included use of agents. How Demis Hassabis was made for the mission!—Contrasts with Sam Altman and the other AI leaders, the Oligopoly (cover of The Economist this week). For example, Nature papers vs white papers on company websites. —In March 2016, the same day when DeepMind's AlphaGo beat Lee Sedol, Hassabis says it's time to do protein folding (later known as AlphaFold).—Symbolic AI (historic, deductive, rule-based) vs Deep Learning (Toronto tribe) and Reinforcement Learning (Alberta tribe).—The Big Miss: DeepMind's lack of early recognition of the importance of transformer models (leading to ChatGPT), creating a big opening for OpenAI. And why was this missed? The Comeback Story. Is this happening again with coding (not in the book)?—The AI Arms Race and Hyperscaling—How the complex relationship between Google and DeepMind evolved —The Double Cross —With the dangers anticipated (parallels to Oppenheimer, Manhattan Project, and the atomic bomb), how to promote AI safety?—Is the major build up of data centers justified?Thank you Bob Fleischman, Jeanie, Ruben Max, FelonBroke America, Seitzinator ❌

he inside story of how greed, ambition, and rivalry destroyed AI's safety mechanisms — and why human failings, not technology, are driving us toward catastrophe.Despite everything you think you know about artificial intelligence — the models, the capabilities, the existential predictions — it's simply humans all the way down. Men building things, making choices, placing bets, and abandoning safeguards the moment competitive pressure intensifies.On this recent WhoWhatWhy podcast I talk with Sebastian Mallaby, who spent three years embedded in the world of AI as it evolved from research lab to civilizational force. With over 30 hours of access to Demis Hassabis, CEO of Google's DeepMind, alone, Mallaby was present at the creation. His book The Infinity Machine reveals the inside story you've never heard. Get full access to Talk Cocktail Podcast at jeffschechtman.substack.com/subscribe

When journalist Sebastian Mallaby approached Demis Hassabis, Google's AI chief and a man with a lifelong mission to build superintelligence, about writing his biography, he made the following pitch: "If you're going to disrupt people from head to toe, you owe them an explanation of why you're doing it. What motivates you? Why do something this dangerous?" Today, Sebastian tells us what answers he found. Sebastian's new book, The Infinity Machine, is out now. Pick up a copy from Amazon, Audible, or Bookshop.org. The Next Big Idea is now on YouTube! You can find our episodes ⁠⁠⁠here⁠⁠⁠. Follow Rufus on ⁠⁠LinkedIn⁠⁠, subscribe to our ⁠⁠Substack⁠⁠, or send us an email at ⁠podcast@nextbigideaclub.com⁠. The best way to support the show is by becoming a Next Big Idea Club member. Learn more at ⁠⁠nextbigideaclub.com⁠⁠, and use code PODCAST for a super secret discount (spoiler: it's 20% off). Sponsored By: Fabric — Join the thousands of parents who trust Fabric to help protect their family at ⁠⁠meetfabric.com/nbi⁠⁠ Factor — Head to ⁠⁠⁠factormeals.com/idea50off⁠⁠⁠ and use code idea50off to get 50% off your first box Granola — Get three months free at ⁠⁠granola.ai/idea⁠⁠ Shopify — Start your $1/month trial at ⁠⁠⁠⁠⁠shopify.com/nbi⁠⁠⁠

“The media has its own agenda, completely separate from anything going on in the real world, creating the story themselves.” — Keith TeareLast night, somebody hurled a Molotov cocktail at Sam Altman's Pacific Heights mansion. I live a couple of hills over, but heard nothing. Meanwhile, the New Yorker hurled its own explosive cocktail at Sam, publishing a 15,000-word hit piece rhetorically entitled “Sam Altman May Control Our Future. Can He Be Trusted?” No, of course, he can't be trusted. Not according to the New Yorker. Especially with something as precious as, gasp, our future.Not everyone, however, is sold on this media cult of personality. In his That Was The Week editorial, Keith Teare tells the media to take their hands off Sam. I don't disagree. Although I'm a bit skeptical of Keith's attempt to demonize what he defines as a “devious” Dario Amodei. Whether it's Altman, Amodei or Google's AI honcho Demis Hassabis, all these guys are prisoners of their company's structures and cultures. They are also victims of today's anti-tech hysteria. It's one thing to blow up Silicon Valley's cartoonish cult of personality, it's quite another to hurl bombs at these people's homes. Enough with all the violence – verbal or otherwise. It never ends well. Five Takeaways•       A Molotov Cocktail at Slippery Sam's House: On Friday night, someone hurled a Molotov cocktail at Sam Altman's Pacific Heights mansion, according to The New York Times. Andrew lives nearby and didn't hear it. The week's zeitgeist had already turned: a 15,000-word New Yorker hit piece by Ronan Farrow and Andrew Marantz, wall-to-wall coverage, Sam moving into Musk-like media-frenzy territory. Keith's editorial: Hands Off Sam Altman. The personality-driven circus has caught fire. Quite literally.•       Anthropic's Mythic Model Finds Decade-Old Vulnerabilities: The actual AI news this week, drowned out by the personality circus. Anthropic's new “Mythic” model autonomously discovered security holes in software that had eluded human experts for years. Dario refused to release it openly until the patches were complete. Treasury Secretary Bessent commented on the implications for banks and government. The signal: AI is becoming systematically better than the best humans at specialist domains. Generalists can probably relax.•       Slippery Sam vs Devious Dario vs Honest Hassabis: Keith's contrarian take: Altman is honest because he's openly dishonest. Amodei is the devious one — a politically liberal narrative wrapped around a commercial juggernaut. Andrew's third way is yesterday's Mallaby interview: Demis Hassabis, the Spinozan one-faced scientist who would rather be at Princeton. But even Demis must have authorised the firing of Mustafa Suleiman. Everyone has a game plan, said Mike Tyson, until they get punched in the face.•       Post of the Week: Keith Replaces WordPress in Ten Minutes: Keith's tweet: he's run two curation sites — seriouslyphotography.com and seriouslybc.com — on WordPress for over a decade. Last Friday afternoon, he asked Anthropic's tools to rewrite them. Ten minutes later, both sites were rebuilt from scratch, fully responsive, WordPress gone. Cost in the old world: tens of thousands of dollars and several months. The Matt Mullenweg vs Matthew Prince debate is settled by the actual technology while the principals are still arguing.•       The End of Ownership? Keith Goes Marxist: Pure capitalism, Keith argues, will produce so much abundance that scarcity ends and self-interested competition with it. “In the future there will be no ownership, or everything will be commonly owned.” Andrew calls it Marx with Tesla characteristics. Eric Ries's forthcoming Incorruptible argues that Patagonia and Mondragon point a different way — structural ethics rather than abundance utopianism. Two visions of the post-AI economy. Both probably wrong. We'll find out. About the GuestSebastian Mallaby is the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. A former Washington Post columnist and Economist contributing editor, he is the author of More Money Than God, The Man Who Knew (winner of the FT and McKinsey Business Book of the Year), The Power Law, and now The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence.References:•       The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence by Sebastian Mallaby.•       Episode 2862: Truth Is Dead — Steven Rosenbaum on AI as a spectacularly good liar. Mallaby's quiet counter-argument.•       Episode 2860: We Shape Our AI, Thereafter It Shapes Us — Keith Teare on agency in our agentic age. Hassabis thinks he can still steer.About Keen On AmericaNobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,800 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting.WebsiteSubstackYouTubeApple PodcastsSpotify Chapters:(00:31) - A Molotov cocktail at Sam Altman's Pacific Heights house (02:41) - The New Yorker hit piece: Ronan Farrow, Andrew Marantz, 15,000 words (05:36) - Slippery Sam and the zeitgeist (07:39) - Brian Merchant: it's open season for refusing AI (08:09) - Anthropic's Mythic model finds decade-old vulnerabilities (10:46) - Why even release it? Dario's narcissism (12:12) - Slippery Sam vs Devious Dario (14:11) - Hassabis as the third way (18:29) - The Mustafa Suleiman question (19:17) - Mike Tyson, Kant, Spinoza, and Hobbes (22:09) - Brian Merchant and the new Luddism (23:34) - Anthropic makes a new generation redundant every week (23:34) - Post of the week: Keith rebuilds his sites in 10 minutes (26:39) - Eric Ries on incorruptible companies (30:12) - Patagonia, Berkeley Bowl, Mondragon (35:43) - The end of ownership? Keith goes Marxist

“Doing science is like reading the mind of God.” — Demis Hassabis, quoted in The Infinity MachineThis week's New Yorker uncomplimentary profile of OpenAI's CEO is entitled “The Many Faces of Sam Altman.” But not all AI leaders are quite as many faced as slippery Sam. Take, for example, Demis Hassabis, the North London based co-founder and CEO of Google's DeepMind. In his new biography, The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence, the British journalist Sebastian Mallaby argues that Hassabis is, in contrast, one faced. And that face is not only decent, but informed by the enlightened ethics of Baruch Spinoza and Immanuel Kant.Mallaby presents Hassabis as the anti-Altman. He's stayed at DeepMind for sixteen years, lived in the same London house, drives a decade-old car. Rather than power, Google's AI supremo seeks scientific enlightenment. Like Spinoza, his God is the master watchmaker of the universe. And so doing science, Hassabis explained to Mallaby in one of their many conversations in the backroom of a North London pub, is like reading the mind of God. Decent Demis. Honest Hassabis. Let's just hope this modest and thoughtful tech leviathan can bring Kantian ethics to Silicon Valley's sprint for artificial general intelligence. Five Takeaways•       Hassabis Is the Anti-Altman: Sam Altman has managed to annoy almost everyone he's worked with by saying one thing and doing the opposite. Hassabis has run DeepMind continuously for sixteen years, lives in the same house in Highgate, drives a decade-old car, and spends his discretionary money on Liverpool season tickets. He doesn't want power. He wants scientific enlightenment. Mallaby uses the word advisedly.•       Doing Science Is Like Reading the Mind of God: Hassabis is a Spinozan. The god he believes in is the god Einstein talked about — the fabric of reality understood through scientific inquiry. He reads Kant, he reads Spinoza, he reads widely enough to be a proper polymath. Mallaby sat with him in a Highgate pub for more than thirty hours. What he found was not a Silicon Valley sociopath but an enlightenment figure who thinks AI is the modern version of the telescope.•       The Szilard Pedestrian Crossing: Mallaby asked Hassabis what it felt like to set up DeepMind in 2010. Instead of the usual vague answer, Hassabis painted the scene: the attic office on Russell Square, the heat, the stairs, the greenery outside, the London Mathematical Society three doors down where Turing lectured, and the zebra crossing where the Hungarian physicist Leo Szilard conceived of the nuclear chain reaction in the 1930s. The perfect metaphor: DeepMind as the modern Manhattan Project.•       The Two Categories of Things That Go Wrong: There's the idiot-in-charge category — an evil or stupid person making bad decisions, and you could swap them out. Then there's the structural category: a good person trying their best, defeated by larger forces they cannot control. Hassabis is category two. He wants to make AI safe, but race dynamics between US and China labs make safety nearly impossible to deliver. The failure of governments to intervene is the real story. Not individuals.•       The Go Players Who Quit: When AlphaGo beat the best players in the world, some professional Go players retired — centuries of accumulated human understanding devalued overnight. Others kept playing, using the machine as a tutor to discover patterns they'd never seen. Two responses to superintelligence in one domain. One is mourning. The other is curiosity. Mallaby thinks the second response is the only one worth having. Hassabis agrees. About the GuestSebastian Mallaby is the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. A former Washington Post columnist and Economist contributing editor, he is the author of More Money Than God, The Man Who Knew (winner of the FT and McKinsey Business Book of the Year), The Power Law, and now The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence.References:•       The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence by Sebastian Mallaby.•       Episode 2862: Truth Is Dead — Steven Rosenbaum on AI as a spectacularly good liar. Mallaby's quiet counter-argument.•       Episode 2860: We Shape Our AI, Thereafter It Shapes Us — Keith Teare on agency in our agentic age. Hassabis thinks he can still steer.About Keen On AmericaNobody asks more awkward questions than the Anglo-American writer and filmmaker Andrew Keen. In Keen On America, Andrew brings his pointed Transatlantic wit to making sense of the United States — hosting daily interviews about the history and future of this now venerable Republic. With nearly 2,800 episodes since the show launched on TechCrunch in 2010, Keen On America is the most prolific intellectual interview show in the history of podcasting.WebsiteSubstackYouTubeApple PodcastsSpotify Chapters:(00:31) - Introduction: the many faces of Sam Altman (02:00) - Altman's duplicity versus Hassabis's consistency (02:56) - The moral wrestling: is this the Manhattan Project? (04:45) - The ordinary genius in Highgate (06:29) - The Szilard pedestrian crossing and a storyteller off the charts (09:10) - Responding to The Guardian: why Hassabis isn't Altman (12:58) - The two categories of things that go wrong (14:48) - Mustafa Suleiman's remarkable backstory (17:01) - Did Demis fire Mustafa? (19:46) - Class, Eton, and the North London grammar school (22:27) - Spinoza, Kant, and the god of science (25:27) - Doing science is like reading the mind of God (29:57) - Why not Princeton? The money problem (34:12) - The secret DeepMind vs Google negotiation (43:11) - Is Hassabis the next CEO of Google? (48:05) - The Go players who quit

Sebastian Mallaby is back as a repeat guest on Open Book, with a brilliant new book. He spent 30 hours inside the mind of the man building superintelligence, and what he found should wake all of us up. We're talking about Demis Hassabis, the chess prodigy-turned-AI god who founded DeepMind before Sam Altman even had the idea for OpenAI. This is one of the most important books I've read in years, and after this conversation, I promise you, you will never think about AI, China, or the future of your kids the same way again. Sebastian Mallaby is the author of several books, including the bestselling More Money Than God. A former Financial Times contributing editor and two-time Pulitzer Prize finalist, Mallaby is the Paul A. Volcker Senior Fellow for International Economics at the Council on Foreign Relations. This book must be read at this time: The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence. Get it here: https://amzn.to/48dShY4 Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Pre-order my next book, All the Wrong Moves: How Three Catastrophic Decisions Led to the Rise of Trump, out on the 17th of September in the UK and the 22nd of September in the US: ⁠https://linktr.ee/anthonyscaramucci⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Yascha Mounk and Sebastian Mallaby discuss why tech leaders both fear and accelerate dangerous AI development, and whether open-source models pose unacceptable risks. Sebastian Mallaby is the author of several books including The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence. A former Financial Times contributing editor and two-time Pulitzer Prize finalist, Mallaby is the Paul A. Volcker Senior Fellow for International Economics at the Council on Foreign Relations.  In this week's conversation, Yascha Mounk and Sebastian Mallaby discuss why AI developers simultaneously fear and advance potentially dangerous technology, whether open-source AI models pose unacceptable security risks, and how China and the United States differ in their approaches to AI safety. If you have not yet signed up for our podcast, please do so now by following ⁠⁠⁠this link on your phone⁠⁠⁠. Email: leonora.barclay@persuasion.community Podcast production by Jack Shields and Leonora Barclay. Connect with us! ⁠⁠⁠Spotify⁠⁠⁠ | ⁠⁠⁠Apple⁠⁠⁠ | ⁠⁠⁠Google⁠⁠⁠ X: ⁠⁠⁠@Yascha_Mounk⁠⁠⁠ & ⁠⁠⁠@JoinPersuasion⁠⁠⁠ YouTube: ⁠⁠⁠Yascha Mounk⁠⁠⁠, ⁠⁠⁠Persuasion⁠⁠⁠ LinkedIn: ⁠⁠⁠Persuasion Community⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Last week, two separate juries held social media companies liable for harming young users. We unpack what these landmark decisions mean — not only for the future of social platforms like Meta and YouTube, but also for A.I. chatbots. Then, Sebastian Mallaby, the author of “The Infinity Machine,” joins us to talk about the three years he spent with Demis Hassabis and those closest to Google DeepMind. And finally, we catch up on some of our favorite tech headlines from the week with a round of HatGPT.   Guest: Sebastian Mallaby, author of “The Infinity Machine: Demis Hassabis, DeepMind and the Quest for Superintelligence.”   Additional Reading: Juries Take the Lead in the Push for Child Online Safety An A.I. Agent Was Banned From Creating Wikipedia Articles, Then Wrote Angry Blogs About Being Banned I Met Olaf — the Frozen Robot who Might be the Future of Disney Parks Claude's Code: Anthropic Leaks Source Code for A.I. Software Engineering Tool What's With All the A.I. Videos of Cheating Fruit? This Company Is Secretly Turning Your Zoom Meetings into A.I. Podcasts North Korean Hackers Suspected in Axios Software Tool Breach   We want to hear from you. Email us at hardfork@nytimes.com. Find “Hard Fork” on YouTube and TikTok. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

[Vote for Firewall and help us win our first Webby Award! https://bit.ly/firewallwebby]Is it possible to build the most powerful technology in human history while remaining a genuinely decent person, or does that kind of greatness require a willingness to burn everything down? Sebastian Mallaby, author of The Infinity Machine, joins Bradley to argue that Demis Hassabis may be the rarest breed: a Nobel Prize-winning scientist and world-changing CEO who cares deeply about safety. But as Mallaby and Bradley explore the coming political reckoning with AI, the big unknown is what sort of catastrophe it will take for our leaders to bring this technology under control.This episode was taped at P&T Knitwear at 180 Orchard Street — New York City's only free podcast recording studio.Firewall nominated for a Webby Award! Vote today and support us for best individual episode - interview or talk show - for Bradley's interview with then-candidate Zohran Mamdani in April 2025. We're up against Oprah, so we'll need all the votes we can get! It only takes 10 seconds - thanks in advance. Vote here before April 16: https://bit.ly/firewallwebbySend us an email with your thoughts on today's episode: info@firewall.media.Subscribe to Bradley's weekly newsletter and follow Bradley on Linkedin + Substack + YouTube.

What drives a man to turn down half a million pounds at 18, test Mark Zuckerberg's sincerity over dinner, and wonder aloud if he can win a second Nobel Prize? For Demis Hassabis, co-founder and CEO of Google DeepMind, the answer is a lifelong pursuit of artificial general intelligence — and an unshakeable belief that the technology he's creating will change everything about what it means to be human. Oz speaks with journalist and author Sebastian Mallaby about his new book, The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence, tracing Demis's extraordinary journey from chess prodigy to the man at the center of the most consequential technological race of our time.See omnystudio.com/listener for privacy information.

This episode is about a once-in-a-generation mind working on what may be the most important problem in history. Based on the new book The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence by Sebastian Mallaby. Made possible by: Ramp: https://ramp.com Axon by AppLovin: https://axon.ai/founders Vanta: https://vanta.com/founders

TITV Host Akash Pasricha talks with Anita Ramaswamy about Oracle's massive layoffs and AI spend surge, and Catherine Perloff joins to discuss Amazon's Rufus chatbot ads. He also speaks with Aaron Holmes about Anthropic's embarrassing Claude Code leak and get into the state of AI investing and the shift from "bits to atoms" with Radical Ventures Partner Molly Welch. Lastly, Sebastian Mallaby, author of ‘The Infinity Machine' talks with The Information's Editor-in-Chief Jessica Lessin about the visionary mind of Demis Hassabis and the future of Google DeepMind.Articles discussed on this episode: https://www.theinformation.com/newsletters/ai-agenda/claude-code-leak-reveals-always-kairos-agenthttps://www.theinformation.com/articles/amazons-ai-chat-ads-yield-data-salesSubscribe: YouTube: https://www.youtube.com/@theinformation The Information: https://www.theinformation.com/subscribe_hSign up for the AI Agenda newsletter: https://www.theinformation.com/features/ai-agendaTITV airs weekdays on YouTube, X and LinkedIn at 10AM PT / 1PM ET. Or check us out wherever you get your podcasts.Follow us:X: https://x.com/theinformationIG: https://www.instagram.com/theinformation/TikTok: https://www.tiktok.com/@titv.theinformationLinkedIn: https://www.linkedin.com/company/theinformation/

In Episode 472 of Hidden Forces, Demetri Kofinas speaks with Sebastian Mallaby about Demis Hassabis, the co-founder of DeepMind and the man widely regarded as the most consequential figure in the development of artificial general intelligence, and what his story reveals about the science, the competition, and the existential stakes of the AI transition now underway. The first hour traces Hassabis's early life as a chess prodigy in North London, his studies in computer science at Cambridge and neuroscience at University College London, and the founding of DeepMind in 2010 alongside Shane Legg and Mustafa Suleyman. Mallaby and Kofinas explore the philosophical and scientific foundations of Hassabis' approach — including the decisive shift from symbolic, rule-based AI development to the inductive, data-driven logic of deep learning — as well as the competitive dynamics that have shaped the industry: Google's acquisition of DeepMind in 2014, Hassabis's early skepticism of language models and the transformer architecture, and the moment ChatGPT's release shattered what hopes remained of a "singleton" scenario in which a single, safety-minded lab could develop AGI on behalf of all humanity. The second hour picks up with the launch of ChatGPT 3.5 in November 2022 and what it revealed about the state of the AI race — including Mallaby's assessment of Sam Altman and the character of the individuals now driving this technology forward. They examine whether personality and values matter when competitive and commercial pressures are this overwhelming, and revisit a conversation Mallaby had with Geoffrey Hinton in which the so-called "godfather of AI" offered his honest assessment of humanity's odds of surviving the AI transition. The episode closes with an exploration of why the safety and existential risk conversation has receded from public discourse — not because the concerns have been resolved, but because geopolitical and commercial imperatives have made it nearly impossible to slow down — and considers the range of perspectives on that risk, from Yann LeCun's dismissiveness of existential threats to the technical alignment work being pursued inside the major labs themselves. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Join our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 03/23/2026

Geopolitical change, product disruption, and technological transformation have all made this the most complicated moment in history to navigate capital markets. CAIA Association spent the last 12 months finding out why. After convening 120 global executives across eight financial centers we're proud to introduce: The World Rewired, a blueprint for the decade ahead. In this episode, we unpack the three structural shifts at its core with four practitioners who were in the room  with us, including Sebastian Mallaby, Stuart Wrigley, Yingwen Chin, and Muneera Aldossary.Guests:Sebastian Mallaby, Paul A. Volcker Senior Fellow in International Economics, Council on Foreign RelationsStuart Wrigley, Partner, Head of Asia Pacific and Head of Capital Formation and Strategy International, Sixth StreetYingwen Chin, Partner - Private Markets IDD, Albourne PartnersMuneera Aldossary, CEO & Board Member, Franklin Templeton, Saudi ArabiaEpisode Sources(00:00) Artificial intelligence as a transformational force, with adaptability and curiosity as enduring traits of successful investors.(01:36) Traditional capital allocation models are becoming outdated amid rapid innovation in products, technology, and investment approaches.(06:40) Global roundtables with industry leaders reveal interconnected themes pointing to a systemic rewiring of capital markets.(18:28) Introduction of three major shifts: macro (geopolitics), industry (market convergence), and organizational (talent and AI).(18:28) Geopolitics moves from background noise to a central driver of capital flows and investment decision-making.(25:45) Geopolitical considerations become embedded in underwriting, with firms building internal expertise and advisory capabilities.(30:22) Long-duration investments such as venture capital and infrastructure require deeper integration of political and regulatory analysis.(35:05) Emergence of new centers of capital, particularly in the Middle East and Asia, driven by sovereign wealth funds.(40:42) Growing debate around US exceptionalism and the potential for a more multipolar global financial system.(46:58) The convergence of public and private markets reshapes investment access, structures, and asset class boundaries.(49:43) Rapid product innovation raises concerns around investor education, alignment, and long-term suitability.(55:34) Industry consolidation and the rise of multi-strategy platforms alter competition and access to top-tier opportunities.(01:02:12) Organizational shifts driven by technology redistribute tasks and reshape roles within investment firms.(01:06:09) Adaptability, intellectual curiosity, and cross-disciplinary thinking emerge as critical traits for investment professionals.(01:09:53) Concerns around AI reducing critical thinking and eliminating traditional entry-level training pathways.(01:13:40) AI impacts all levels of the workforce, increasing the importance of judgment, relationships, and credibility.(01:18:34) Shift from technical skill-based training toward systems thinking, communication, and leadership capabilities

L'intelligence artificielle fait rêver. Mais elle coûte aussi, littéralement, une fortune. Depuis deux ans, les grands noms du secteur annoncent des levées de fonds records, des centres de données géants, des puces toujours plus puissantes. Une course à l'armement technologique. Et dans cette bataille, OpenAI semble brûler du cash plus vite que tout le monde.Les dépenses de l'entreprise seraient estimées à près d'un milliard de dollars… par mois. Oui, par mois. Une cadence qui donne le vertige et qui alimente une question de plus en plus sérieuse dans les cercles financiers : combien de temps ce rythme peut-il tenir. On se souvient qu'en octobre dernier, Sam Altman avait promis des investissements colossaux : jusqu'à 1 400 milliards de dollars pour développer les infrastructures nécessaires à l'IA. Des montants dignes d'un budget d'État. Mais cette ambition démesurée inquiète.Dans une tribune publiée dans le New York Times, l'expert financier Sebastian Mallaby, du Council on Foreign Relations, estime qu'OpenAI pourrait tout simplement se retrouver à court d'argent « au cours des 18 prochains mois ». Autrement dit : avoir du mal à passer le cap de 2027. Et son analyse ne vient pas d'un doute sur l'intelligence artificielle elle-même. Au contraire. Il rappelle que les grandes innovations technologiques prennent d'ordinaire des décennies à s'imposer. Or, l'IA progresse à une vitesse spectaculaire. Le problème, selon lui, ce n'est pas la technologie. C'est le modèle économique d'OpenAI.Car contrairement à Google, Meta ou Microsoft, capables de financer leurs paris risqués grâce à d'autres activités très rentables, OpenAI ne dispose pas de cette bouée de sauvetage. Elle doit investir massivement… sans revenus comparables en face. Même en revoyant certaines promesses à la baisse ou en s'appuyant sur la valeur élevée de ses actions, l'équation reste brutale : il faut trouver des sommes astronomiques. Pour Mallaby, le scénario n'est pas impensable : une entreprise étranglée financièrement, puis absorbée par un géant mieux doté en liquidités, comme Microsoft ou Amazon. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

The senior fellow in international economics, author, and journalist, who covers finance and the forces driving volatility, discusses how advisors can turn disruption into opportunity. Host: Steve Sanduski, CFP. Learn more about your ad choices. Visit megaphone.fm/adchoices

More than any other single institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. The first episode of the second series explores Alan Greenspan, the chairman who followed Paul Volcker and ran the Fed from 1987 until 2006. Once bestowed with “Maestro” status, Greenspan – who turns 100 in March 2026 – has seen his reputation deflate in the wake of the post-2008 financial crisis. To discuss the fallen Maestro, Tim is joined by Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan (Bloomsbury, 2016). “Greenspan was the man who knew,” says Mallaby. “He was the man who knew that bubbles were extremely destructive, and yet he was not the man who acted against those bubbles. So, whilst he was great on inflation and on stabilising the price of eggs, he was not good on asset-price inflation or stabilising the price of nest eggs”. A former journalist at The Economist and the Washington Post, Mallaby is the prize-winning author of The World's Banker – a portrait of the World Bank under James Wolfensohn – and More Money Than God: Hedge Funds and the Making of a New Elite. He is now the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

More than any other single institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. The first episode of the second series explores Alan Greenspan, the chairman who followed Paul Volcker and ran the Fed from 1987 until 2006. Once bestowed with “Maestro” status, Greenspan – who turns 100 in March 2026 – has seen his reputation deflate in the wake of the post-2008 financial crisis. To discuss the fallen Maestro, Tim is joined by Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan (Bloomsbury, 2016). “Greenspan was the man who knew,” says Mallaby. “He was the man who knew that bubbles were extremely destructive, and yet he was not the man who acted against those bubbles. So, whilst he was great on inflation and on stabilising the price of eggs, he was not good on asset-price inflation or stabilising the price of nest eggs”. A former journalist at The Economist and the Washington Post, Mallaby is the prize-winning author of The World's Banker – a portrait of the World Bank under James Wolfensohn – and More Money Than God: Hedge Funds and the Making of a New Elite. He is now the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science

More than any other single institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. The first episode of the second series explores Alan Greenspan, the chairman who followed Paul Volcker and ran the Fed from 1987 until 2006. Once bestowed with “Maestro” status, Greenspan – who turns 100 in March 2026 – has seen his reputation deflate in the wake of the post-2008 financial crisis. To discuss the fallen Maestro, Tim is joined by Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan (Bloomsbury, 2016). “Greenspan was the man who knew,” says Mallaby. “He was the man who knew that bubbles were extremely destructive, and yet he was not the man who acted against those bubbles. So, whilst he was great on inflation and on stabilising the price of eggs, he was not good on asset-price inflation or stabilising the price of nest eggs”. A former journalist at The Economist and the Washington Post, Mallaby is the prize-winning author of The World's Banker – a portrait of the World Bank under James Wolfensohn – and More Money Than God: Hedge Funds and the Making of a New Elite. He is now the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/biography

More than any other single institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. The first episode of the second series explores Alan Greenspan, the chairman who followed Paul Volcker and ran the Fed from 1987 until 2006. Once bestowed with “Maestro” status, Greenspan – who turns 100 in March 2026 – has seen his reputation deflate in the wake of the post-2008 financial crisis. To discuss the fallen Maestro, Tim is joined by Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan (Bloomsbury, 2016). “Greenspan was the man who knew,” says Mallaby. “He was the man who knew that bubbles were extremely destructive, and yet he was not the man who acted against those bubbles. So, whilst he was great on inflation and on stabilising the price of eggs, he was not good on asset-price inflation or stabilising the price of nest eggs”. A former journalist at The Economist and the Washington Post, Mallaby is the prize-winning author of The World's Banker – a portrait of the World Bank under James Wolfensohn – and More Money Than God: Hedge Funds and the Making of a New Elite. He is now the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

More than any other single institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. The first episode of the second series explores Alan Greenspan, the chairman who followed Paul Volcker and ran the Fed from 1987 until 2006. Once bestowed with “Maestro” status, Greenspan – who turns 100 in March 2026 – has seen his reputation deflate in the wake of the post-2008 financial crisis. To discuss the fallen Maestro, Tim is joined by Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan (Bloomsbury, 2016). “Greenspan was the man who knew,” says Mallaby. “He was the man who knew that bubbles were extremely destructive, and yet he was not the man who acted against those bubbles. So, whilst he was great on inflation and on stabilising the price of eggs, he was not good on asset-price inflation or stabilising the price of nest eggs”. A former journalist at The Economist and the Washington Post, Mallaby is the prize-winning author of The World's Banker – a portrait of the World Bank under James Wolfensohn – and More Money Than God: Hedge Funds and the Making of a New Elite. He is now the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. Learn more about your ad choices. Visit megaphone.fm/adchoices

More than any other single institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. The first episode of the second series explores Alan Greenspan, the chairman who followed Paul Volcker and ran the Fed from 1987 until 2006. Once bestowed with “Maestro” status, Greenspan – who turns 100 in March 2026 – has seen his reputation deflate in the wake of the post-2008 financial crisis. To discuss the fallen Maestro, Tim is joined by Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan (Bloomsbury, 2016). “Greenspan was the man who knew,” says Mallaby. “He was the man who knew that bubbles were extremely destructive, and yet he was not the man who acted against those bubbles. So, whilst he was great on inflation and on stabilising the price of eggs, he was not good on asset-price inflation or stabilising the price of nest eggs”. A former journalist at The Economist and the Washington Post, Mallaby is the prize-winning author of The World's Banker – a portrait of the World Bank under James Wolfensohn – and More Money Than God: Hedge Funds and the Making of a New Elite. He is now the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

More than any other single institution, the US Federal Reserve drives global capital markets with its decisions and communications. While its interest rates are set by a committee, for almost a century, the Fed's philosophy and operational approach have been moulded by one person: the Chair of the Board of Governors. In the first series of The Chair, Tim Gwynn Jones talked to authors of books about the Fed's foundational Chairs – Marriner Eccles, Bill Martin, Arthur Burns, and Paul Volcker. In this second series, he covers the people who chaired the Fed through the post-1990 period of financialisation, globalisation, and – perhaps today – deglobalisation. The first episode of the second series explores Alan Greenspan, the chairman who followed Paul Volcker and ran the Fed from 1987 until 2006. Once bestowed with “Maestro” status, Greenspan – who turns 100 in March 2026 – has seen his reputation deflate in the wake of the post-2008 financial crisis. To discuss the fallen Maestro, Tim is joined by Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan (Bloomsbury, 2016). “Greenspan was the man who knew,” says Mallaby. “He was the man who knew that bubbles were extremely destructive, and yet he was not the man who acted against those bubbles. So, whilst he was great on inflation and on stabilising the price of eggs, he was not good on asset-price inflation or stabilising the price of nest eggs”. A former journalist at The Economist and the Washington Post, Mallaby is the prize-winning author of The World's Banker – a portrait of the World Bank under James Wolfensohn – and More Money Than God: Hedge Funds and the Making of a New Elite. He is now the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Clay explores The Power Law by Sebastian Mallaby and uncovers the secret behind venture capital's astonishing success. The Power Law is a fundamental law of the universe that explains why just a handful of disruptive companies, like Google and Tesla, generate the lion's share of returns. To win in the world of venture capital, investors must seek out bold, unconventional founders to back the next big idea. Tune in to learn how understanding the Power Law can transform your perspective on investing and help you spot tomorrow's breakout winners. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:53 - The critical role of the Power Law in venture capital and why a few outliers drive most of the returns. 30:54 - How venture capitalists identify and back bold, unconventional founders like Steve Jobs and Elon Musk. 30:54 - The fascinating history behind the rise of venture capital firms like Sequoia Capital and their game-changing investments. 36:22 - Why early-stage companies delay going public and the shift in bargaining power from VCs to founders. 01:06:47 - Insights into the mistakes investors make when exiting too early or dismissing "crazy" ideas that turn into trillion-dollar companies. 01:08:16 - Lessons for public equity investors on spotting disruption and understanding the potential of emerging innovators. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Mallaby's book: The Power Law. Jim Sinegal's interview with the Motley Fool. The Science of Hitting Blog. Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page. Related Episode: Listen to TIP481: Our Story w/ Stig Brodersen & Clay Finck. Related Episode: Listen to TIP686: Big Tech Stocks w/ Adam Seessel. Related Episode: Listen to TIP417: The Incredible Story of the PayPal Mafia w/ Jimmy Soni. Related Episode: Listen to TIP667: Why Most Stocks Will Lose You Money w/ Hendrik Bessembinder. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Hardblock Found Unchained Fintool The Bitcoin Way Onramp Bluehost Vanta PrizePicks Fundrise TurboTax HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Gideon talks to Sebastian Mallaby, author of a best-selling book on Silicon Valley called The Power Law. They discuss the reason why Elon Musk decided to back Donald Trump for president, what the entrepreneur will bring to the Trump administration, and what Musk's businesses stand to gain. Clip: WFAA TVFree links to read more on this topic: Who's who in the Musk ‘A-team' vying to shape Trump 2.0Elon Musk is an unguided geopolitical missileValuations at Elon Musk's SpaceX and xAI set to soar in new dealsElon Musk's gamble on Donald Trump pays offSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Scott Bessent is the CEO and CIO of Key Square Group and a renowned global macro investor. His 40-year investment career has included two stints at Soros Fund Management, the first for a decade under Stan Druckenmiller and the second for five as CIO. In between, Scott launched a hedge fund, retired, and joined me at Protégé Partners when he learned retirement wasn't for him.   Following his second tour at Soros, Scott started Key Square with $4.5 billion, one of the largest hedge fund launches in history. Scott has been profiled in two best-selling investment books, Steve Drobny's Inside the House of Money and Sebastian Mallaby's More Money than God.   Our conversation covers Scott's investment path learning research from Jim Rogers, short selling from Jim Chanos, global macro investing from George Soros and Stan Druckenmiller, and twice hanging his own shingle. We discuss high-conviction ideas, asymmetric asset selection, position sizing, risk management, a hub and spoke approach, and core challenges of the global macro hedge fund business.    I once told Scott that he could read the newspaper six months ahead of time because I had never encountered someone with his ability to connect dots and imagine investments others had not considered. His interest in improving the country's economic picture has led him to shed his publicity-shy nature, and I'm grateful for the opportunity to share his story. Take Capital Allocators Audience Engagement Survey Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

Alan Greenspan served as chair of the Federal Reserve for 18 years, cooling inflation in the 1990s and demonstrating that the Fed was independent from politicians. But he also made mistakes that helped lead to the financial crisis of 2008. In this episode, biographer Sebastian Mallaby dives into Greenspan’s complicated legacy. Plus, why beef and other animal product prices haven’t fallen to pre-pandemic levels, and what wholesale inventory numbers signal about the economy.

Alan Greenspan served as chair of the Federal Reserve for 18 years, cooling inflation in the 1990s and demonstrating that the Fed was independent from politicians. But he also made mistakes that helped lead to the financial crisis of 2008. In this episode, biographer Sebastian Mallaby dives into Greenspan’s complicated legacy. Plus, why beef and other animal product prices haven’t fallen to pre-pandemic levels, and what wholesale inventory numbers signal about the economy.

How badly has China's stock market performed except for one remarkable decadeWhat are the economic and governance factors that contributed to the underperformanceWhy it's too soon to write off China despite the structural headwindsWhat are the factors that contribute to economic growth and a robust stock market, and which emerging market countries display those factorsWhat are some ETFs to invest in countries with favorable economic tailwindsSponsorsUse code MONEY10 to get 10% off on your NAPA Autoparts online orderNordVPN – Click here for a special offerUse this link to post your job for free on LinkedIn JobsInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.Show NotesState-Owned Enterprises Going Public: The Case of China by Xiaozu Wang, et al.—SSRNA Model of China's State Capitalism by Xi Li, et al.—SSRNHas China given up on state-owned enterprise reform? by Nicholas Borst—The InterpreterChina Regulator's New Slogan Fuels Buying Spree in State Firms by Bloomberg News—BloombergInvestors sour on Beijing's bid to boost state-owned enterprises by Sun Yu—The Financial TimesChina's 40-Year Boom Is Over. What Comes Next? by Lingling Wei and Stella Yifan Xie—The Wall Street JournalWhat just happened: Storm clouds loom for China's economy by Sebastian Mallaby, et al.—The Washington PostImminent end of ‘demographic dividend': Share of India's working age population set to fall by 2036 by Tca Sharad Raghavan—The PrintWhat's Holding Back India's Economic Ambitions? by Shan Li and Vibhuti Agarwal—The Wall Street JournalSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.