#91 – Jack Dorsey: Square, Cryptocurrency, and Artificial Intelligence

Podcast Notes Key Takeaways Scaling a software is ultimately a critical thinking and problem solving challengeIt comes down to breaking down the problem into smaller parts, asking the critical questions, and going deep enough to form a credible hypothesis you can testSquare’s Mission is to enable greater economic accessTo that end, Square took an approach of: Trust, then keep verifying“I believe that the internet deserves and requires a native currency, and that’s why I am such a huge believer in Bitcoin” – Jack DorseyFor a prosperous digital economy, the world needs the internet continuing to be accessible to people, and a native internet currencyAs we get a more durable, resilient, global standard, we will see exploding innovation everywhereArtificial intelligence being able to process natural language is tied to its ability to explain, in natural language, why a decision was madeKeep in mind, there is great risk in building AI black boxes that can’t explain their reasoning, then trusting them with all sorts of decisions (e.g. Lending decisions, content recommendations, driving, health)The technology to create AI is moving much faster than the technology to detect AIAutomation differs from the industrial age in the velocity of change, and centralization of dataSociety needs to have better answers around where data is owned and how is it shared – Can anyone build on top of the data?

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Jack Dorsey is the co-founder and CEO of Twitter and the founder and CEO of Square. Support this podcast by signing up with these sponsors: – MasterClass: https://masterclass.com/lex EPISODE LINKS: Jack’s Twitter: https://twitter.com/jack Start Small Tracker: https://bit.ly/2KxdiBL This conversation is part of the Artificial Intelligence podcast. If you would like to get more information about this podcast go to https://lexfridman.com/ai or connect with @lexfridman on Twitter, LinkedIn, Facebook, Medium, or YouTube where you can watch the video versions of these conversations. If you enjoy the podcast, please rate it 5 stars on Apple Podcasts, follow on Spotify, or support it on