100%

Yes

Thanks for this! Excellent discussion on the vision of currency and systems within the concept of “geoeconomics.” Truly a valuable contribution!

Is Alfred going to suggest you cancel Peacock so you CAN afford to possibly go out?

It's becoming clear that with all the brain and consciousness theories out there, the proof will be in the pudding. By this I mean, can any particular theory be used to create a human adult level conscious machine. My bet is on the late Gerald Edelman's Extended Theory of Neuronal Group Selection. The lead group in robotics based on this theory is the Neurorobotics Lab at UC at Irvine. Dr. Edelman distinguished between primary consciousness, which came first in evolution, and that humans share with other conscious animals, and higher order consciousness, which came to only humans with the acquisition of language. A machine with only primary consciousness will probably have to come first. What I find special about the TNGS is the Darwin series of automata created at the Neurosciences Institute by Dr. Edelman and his colleagues in the 1990's and 2000's. These machines perform in the real world, not in a restricted simulated world, and display convincing physical behavior indicative of higher psychological functions necessary for consciousness, such as perceptual categorization, memory, and learning. They are based on realistic models of the parts of the biological brain that the theory claims subserve these functions. The extended TNGS allows for the emergence of consciousness based only on further evolutionary development of the brain areas responsible for these functions, in a parsimonious way. No other research I've encountered is anywhere near as convincing. I post because on almost every video and article about the brain and consciousness that I encounter, the attitude seems to be that we still know next to nothing about how the brain and consciousness work; that there's lots of data but no unifying theory. I believe the extended TNGS is that theory. My motivation is to keep that theory in front of the public. And obviously, I consider it the route to a truly conscious machine, primary and higher-order. My advice to people who want to create a conscious machine is to seriously ground themselves in the extended TNGS and the Darwin automata first, and proceed from there, by applying to Jeff Krichmar's lab at UC Irvine, possibly. Dr. Edelman's roadmap to a conscious machine is at arxiv.org/abs/2105.10461, and here is a video of Jeff Krichmar talking about some of the Darwin automata, kzbin.info/www/bejne/gGi4mWymnchkhdk

The internet already did that. Natural people who became adults before being online are the boomers.

Varo❤my bank😎

Ai is the obvious application for everything.

indeed, thats t i t c. 😊

Massive increase in GREED !!or as they like to say “ maximising Profit “ a very 80s saying

revolut here in australia is fantastic no complaints here

Bafflegab and I have no idea what they do.

never trust your money with an indian.

This dude belongs in federal prison.

Thinking about my 85 year old mother seeing "FDIC insured to $200,000." She thinks her money is safe -- has no idea what FDIC means. I'm 30 minutes into this podcast, and still have no idea how the providers were able to market 'FDIC insured' when the reality is they weren't. Best I can get from the panelist is "buyer beware". They should have known their money could disappear.

I'm waiting to see the atrocities it's going to start committing in cybersecurity with the new risk surfaces from the blockchain. Been sounding the horn that digital identity is a major risk to enterprise size companies and anyone transacting online

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Beautiful guys. Set the date

Banks shouldn't exist.

ai is stoopid. It can, at best draw lines in the sand through ever more insane power requirements. The insane idea that the multiple stoopid ai iterations are collaborative in nature is mind boggling. Just maintaining a balance of "money" in you local bank is fraught with problems. Why isnt the stoopid ai addressing this issue? Hmmmm? Income tax burden for each and every iteration is the only answer.

🎉 what deposits? You never talked about what we're talking about here is it financial is it mineral? You're not clear. You're talking about fluctuations and financial deposits well look at the economy which it seems to be falling apart and people are spending their only savings to just get by and then putting the rest on credit cards hoping that the future will get better but without the hope of an actual future it's getting dark. Or if you're talking about mineral deposits of course unless you actually go see the deposit or minate you don't actually know what's there. Talking about oil deposits you can predict with reasonable accuracy of how much is actually there whether you can recover it or not. So I hate this video because it's not clear

really nice video

Great episode, thank you!

There is not sufficient regulation for two simple reasons: There was no regulator that knew that it was their responsibility to review these companies, and the failure of synapse could let customers not be covered. It's not simply about disclosure, consumers need to be covered.

is jail time coming?

Fantastic podast, but the shirt is even better 🔥

Nice shit Jason.

This guy is a really stupid guy, impulsive, without any vision, good that his investors vetoed his stupidity. Once you acquire a charter you are regulated and you cannot innovate like a fintech. Regulators want stability, due diligence, so there was not value to all that hassle

Scammer. Elon is a scumbag.

Bezerra A Lenda! Sensacional!

But he’s spot on about the bank charter because Yotta, chime, cash app they have to answer to the ones with the license

Gotta do a follow up!

This aged well tada fell through and now people like me who use Yotta for direct deposit are suffering. Now it’s chapter 7 and evolve and other banks won’t allow ach deposits.

Pretty sure the concept of getting 2% of every dollar you spend back is not a generational thing, but the only logical way to pay if you have the choice. Or perhaps the host is right, and the youngest consumers simply enjoy paying more.

Having used credit for 10 years now. I don't see any benefits, even with the cash back. Pay more in interest then you get in cash back

Money is everything because if you got non you can do nothing

No cash! They really will have you by the b@lls! No thankyou.

Are heading for teminator or the matrix?

*PromoSM* 😍

It has been a while since I originally listened to this episode. I honestly forgot how good www.youtube.com/@MichaelKitces was on this episode.

Great intro to a very strong interview. Well done.

Fools

Great story. I have had the same situation happen more and more often where people walking in front of me turn around and reference my podcast. Crazy fun.

People diddn't care much at all when it was truckers going to lose their jobs to automation, I think its the funniest thing ever that white collar, actors, singers, REAL ESTATE and other bs jobs like that will be the ones to DISSAPEAR first.

Immortality has always been a goal of the elite. They will use up this planet as a resource and kill everyone on it so they can explore the universe. Before then ... putting chips in our bodies makes us total slaves. A rancher has more care for his live stock than they do for we the people.

þrðmð§m 💪

Great show. Where is the link to this study? I can't find it anywhere on the Finastra website. I am really interested in reading the findings.