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Oil & AI, Alex Epstein Joins, Adam Smith, Recursive Self-Improvement

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TBPN TBPN host
Watch on YouTube oil markets geopolitical risk inflation and monetary policy ai infrastructure and capex mind uploading and whole brain emulation recursive self-improvement artificial general intelligence

This episode features a wide-ranging discussion of current events including crude oil price spikes due to Middle Eastern geopolitical tensions, their potential macroeconomic impacts on AI infrastructure buildout, and an extended interview with Dr. Alex Wisner-Gross about whole brain emulation and mind uploading projects at Eon Systems. The hosts explore how oil markets, inflation, and interest rates could constrain trillion-dollar AI datacenter expansion, while also diving into cutting-edge neuroscience work that successfully simulated a fruit fly brain in a physics-based virtual environment.

Key takeaways
  • Oil prices spiking to $110+ per barrel due to Strait of Hormuz disruptions represent a 4x larger supply shock than previous crises and could push inflation from 2.4% to 3% if sustained, creating a policy dilemma for the Fed between fighting inflation and supporting economic growth.
  • Higher oil and interest rates pose a macroeconomic risk to AI buildout more than direct energy costs, since the estimated $870 billion needed for next-generation datacenter capacity becomes significantly more expensive with every 50 basis point rate increase.
  • Recursive self-improvement (RSI) is now happening at leading AI labs—Anthropic uses Claude to build Claude, OpenAI uses Codex to build Codex—creating compounding advantages for well-capitalized AI companies over competitors.
  • Dr. Alex Wisner-Gross argues AGI already exists (since GPT-3 in 2020) and the focus should shift to post-singularity problems like mind uploading, continuous consciousness transfer, and ensuring non-artificial intelligences have access to computational infrastructure.
  • Eon Systems successfully created the first multi-behavior fruit fly brain upload by combining existing building blocks (connectome mapping, physics simulation, motor control, and AI) into a working prototype, demonstrating a technological overhang in neuroscience emulation.
  • The open-source software economy is breaking down Apple's walled garden, as tools like open-source agents can now access previously locked ecosystems like iMessage, enabling new classes of business applications that traditional SaaS couldn't address.

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Mentioned (17)

GPT-3
GPT-3 "I would argue that was an AGI. GPT-3. I would argue that was an AGI" ▶ 1:19:29
Fossil Future
Fossil Future "We have Alex Epstein. He's the author of Fossil Future" ▶ 2:19:11
MuJoCo
MuJoCo "connecting a biologically derived fruitfly connectome to a MuJoCo physics simulated body" ▶ 5:46
OpenRouter
OpenRouter "Make $600,000 per month revenue selling tokens on Open Router. Market depth is there. This is 1% ..." ▶ 26:22
TinyGrad "this is from Tiny Corp, the makers of TinyGrad and the Tiny Box" ▶ 25:45
OpenClaw
OpenClaw "he's fully running OpenClaw so he's now using OpenClaw to run his car detailing business. It's so..." ▶ 1:03:24
Azure
Azure "Microsoft has Azure, we got a bunch of other very large capacity businesses" ▶ 1:31:33
Microsoft 365 Copilot
Microsoft 365 Copilot "Microsoft 365 Copilot, chat is like the main way people interact with it" ▶ 1:28:52
GitHub Copilot "If you told them, hey, I'm going to take away like GitHub Copilot and the agent coding capabiliti..." ▶ 1:32:57
Stripe Atlas
Stripe Atlas "Stripe Atlas does make it very easy to start a business" ▶ 1:41:54
Sierra
Sierra "A company that comes to mind is a business called Sierra that was started by Brett Taylor. They'r..." ▶ 1:50:12
Patriot missile battery
Patriot missile battery "This might be what happening with a Patriot missile battery or something." ▶ 2:26:52
Keystone XL pipeline "We have had terrible policies including getting rid of the Keystone XL pipeline and this kind of ..." ▶ 2:42:23
Cursor
Cursor "Cursor's internal analysis shows how hard Anthropic is subsidizing Claude code." ▶ 3:08:01
ChatGPT
ChatGPT "ChatGPT is back at the top of the app store leaderboard." ▶ 2:47:47
Claude
Claude "Claude went from like 26th to 18th or it started climbing then and then you're right the the Depa..." ▶ 3:06:15