195. Bitcoin AI with Aleks Svetski 

03:38 🤖 Aleks Svetski discusses the development of the Spirit of Satoshi, the world's first Bitcoin AI model. 04:07 🧠 The initial AI idea evolved from a mentoring app to address broader questions about Bitcoin, economics, and related topics. 06:29 🌐 The goal is to train the model to represent the Austrian Bitcoin Paradigm, using a diverse corpus of data from Bitcoin thinkers like Mises and Rothbard. 08:32 🔄 AI models like Chat GPT are not knowledgeable but probabilistic machines trained on word associations; influencing probabilities shapes their output. 16:12 🤯 The AI model doesn't differentiate between true and false; it's about tuning word probabilities to reflect a particular mindset. 18:48 🎙 Examples demonstrate the AI's biased responses, influenced by the training on Bitcoin and Austrian economics data. 20:22 🚀 Fine-tuning the AI involves an intricate process, combining art and science, including transforming content into question-answer pairs for training. 22:53 🤔 The fear of AI taking over the world is a category error; AI is just a tool, not a sentient being. 23:49 🛠 Advanced tools, from hammers to AI language models, increase productivity but don't develop their own will or consciousness. 26:57 🌱 Life comes from living things; humans cannot create life artificially, highlighting a fundamental limitation. 27:54 💻 The idea of creating an artificial living brain with its own will is unlikely to happen; humans can't even create simple living organisms. 31:57 🤖 The ultimate joke on AI enthusiasts: if we create artificial intelligence, it would likely mimic human intelligence because humans are the apex of intelligence in terms of energy efficiency and capacity. 36:52 🛠 AI tools, like ChatGPT, are valuable for specific tasks and increasing productivity; the key is to use them wisely without succumbing to doomsday scenarios. 39:23 🤖 The real threat is not AI becoming sentient but government regulation stifling innovation and dictating what is considered safe, responsible, and harmless language in AI models. 43:10 🤔 The danger of language models influencing information and learning based on regulated notions of safe, responsible, and harmless language, impacting how people think and learn. 44:02 🌐 AI-enhanced propaganda war is a looming challenge, and having alternative tools like Bitcoin AI can help counteract centralized narratives. 48:05 🤖 Bitcoin's symbiosis with AI compute may lead to specialized models and frameworks that compete outside traditional cloud services, driven by Bitcoin mining subsidies. 50:23 ⛏ Bitcoin's role in financing capital investment for faster microchip development could address the scarcity in computing power and contribute to solving various issues. 52:12 🤔 Bitcoin AI has potential applications in content creation, Bitcoin company support, sentiment analysis on social media, and even reading and summarizing books or articles. 58:19 🔄 The primary application of Bitcoin AI may not be direct consumer use but could significantly benefit Bitcoin companies, content creators, and education initiatives by enhancing efficiency and providing insights. 01:06:39 🧠 AI won't handle everything; relying solely on AI makes people less capable, emphasizing the importance of human intelligence and creativity. 01:07:35 🌐 Overreliance on AI tools like Google Maps can lead to decreased navigational skills in individuals, highlighting the potential drawbacks of excessive dependence on technology. 01:08:03 🤖 Quality of AI-generated content is a concern, as it's distinguishable from human-created content; there's a need to discern and maintain the quality of information produced by AI. 01:08:45 🔄 Balance is crucial; while AI can automate certain aspects of workflow, human intelligence and creativity remain irreplaceable, emphasizing the need for a strategic and balanced approach in utilizing AI tools. 01:09:12 📰 Origin of "Bitcoin Times": The project began as a response to the ICO craze in 2017, with Alex Svetski delivering talks criticizing ICOs; The Bitcoin Times evolved into an annual publication featuring notable contributors discussing Bitcoin-related topics. 01:14:12 💿 The Bitcoin Times editions are limited to 2100 copies, each numbered and collectible, offering a unique perspective on Bitcoin; there is also a paperback edition for wider accessibility. The current edition focuses on energy in the context of Bitcoin.

🗣️ "Satoshi AI find me a recipe for dinner tonight" 🤖"Eat Ramen tonight, and stack Bitcoin. 🗣️ "You always say that" 🤖"If you don't believe me, or don't get it. I don't have time to explain to you....sorry."

I fear Ammous comments about AI is a joke and he vastly misunderstand the exponentially of AI

God bless Mr Ammous and thanks for your important and vital work.

Enjoyed the discussion but don't agree with most of what was said about long term implications of AI specifically. It's like listening to primordial bacteria say they are the pinnacle of compute and a neo cortex won't eventually be developed. I of course could be wrong and was very interested in both of your discussion. Was definitely thought provoking.

I agree that one of the greatest problems with ChatGPT is that it's very mainstream biased.

Aleks, you did very well in this interview. i was wishing that you would offer me insights into the limitations of "ai". you did. Saifedean, after listening to thy podcast on palestine, with you guest, THIS podcast reminded me of how much i enjoyed reading thy book, still a better than gold standard. this podcast reminded me of how enjoyable your brain works. "everything is a tool", did i find that concept with you? hehe i must have because you used the example of a hammer..

Where can we alpha test this AI model?

A real time Bitcoin mining and lightning node AI assistant to help newbies like me, including help utilizing stranded energy if you have it. For xmas

All real wealth is produced from energy and time. You can’t go wrong following this guideline.

Too many adds!

I believe the idea of sentient AI (potentially embedded in a robot) is deeply rooted in the jewish idea of a golem - hence the reason it's been so thoroughly promoted by Hollywood etc

Thanks, gentlemen!

Thanks for the great videos