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Lex Fridman: observation

29 Dec 2023 Lex Fridman Podcast #407 – Guillaume Verdon: Beff Jezos, E/acc Movement, Physics, Computation & AGI

“The problem is with the market is, there’s not always perfect information, there’s manipulation, there’s bad faith actors that mess with the system.”

— Lex Fridman

Source trail

Everything needed to verify it.

Speaker
Lex Fridman
Attribution
Verified speaker
Claim type
observation
Recorded
29 Dec 2023
Publisher
Lex Fridman Podcast

Transcript context

…I think, like I said, the market will exhibit caution. Every organism, company, consumer is acting out of self-interest and they won’t assign capital to things that have negative utility to them. The problem is with the market is, there’s not always perfect information, there’s manipulation, there’s bad faith actors that mess with the system. It’s not always a rational and honest system. Well, that’s why we need freedom of information, freedom of speech and freedom of thought in order to be able to converge on the subspace of technologies that have positive utility for us all, right.…

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