The Next 10 Years: Balaji on Jobs, Countries & Colleges | 100xSchool in Malaysia (Part 1)

How to start a new country?

>> Malaji Nasan Baji is an angel investor and entrepreneur, tech founder, philosopher and author of the network state >> country.

>> Hi everyone, thank you for coming. Uh

please welcome Balaji. A huge round of applause.

>> I think you all know him. Uh so I I'll leave the introductions over to him and feel free to ask any questions. He's

been kind enough to give us around 20 minutes now. So whatever questions you

minutes now. So whatever questions you have, feel free to ask with that. Over

to you. Great.

>> Uh, a lot of what we're going to be doing here is it's internet first. It's

not India first, but it is something where Indians are on a level playing field with everybody else, right? As

I've, you know, one of my friends said, a uh the TCPI, the TCP IP visa is a new H-1B visa. You do not need America. You

H-1B visa. You do not need America. You

do not need H1B visa. You do not need to depend on the West. We have the global internet, right? Internet first is the

internet, right? Internet first is the watch word here. And you know, I'm sympathetic to Indian nationalism within India, but outside India, it's Indian internationalism, right? You're it's a peer-to-peer

right? You're it's a peer-to-peer network. And on the smart contract,

network. And on the smart contract, you're an 11 playing field with someone from Japan or Brazil or France. And the

internet doesn't discriminate against you because of your accent or your nationality or your visa status and so on. But it's also global capitalism.

on. But it's also global capitalism.

It's global meritocracy and so on and so forth. Okay. So internet first is sort

forth. Okay. So internet first is sort of the ideology of network school and internet first is also something that appeals to Americans and it appeals to Japanese people and appeals to what I

call the Chinese capitalist party. Haha.

Okay. So you know basically the crypto Chinese, right? And internet first is uh

Chinese, right? And internet first is uh it is uh free markets and it's free speech and it is you know a firm handshake. All right. So that's kind of

handshake. All right. So that's kind of network school. Why don't I take

network school. Why don't I take questions and go on.

>> I'll start with the first question. I

think probably here most students here took a very content bite of not going to a normal college like an accredited college in India.

>> Yeah.

>> And end up choosing higher school but not from the government which is taking skills. How would you convince their

skills. How would you convince their parents and get their parents for but you know people in the future or parents in the future you know maybe look at skills compared to degrees or you know um other ways of gaining skills in that

four year 18 to 20 year age gap.

>> It's a great question. So

okay the the Indian parent problem.

Okay. Now the funny thing is I'm actually also an Indian parent even though I'm about as immature as you guys are. Okay. And um

are. Okay. And um

I I think that um the pathway through colleges is it still works in China. It doesn't work at all in America and I think it somewhat works

in India but not completely. And there's

a pathway like you can do that pathway but you can also do the pure internet pathway. how to convince your parents.

pathway. how to convince your parents.

Um, well, you know, first of all, you know, and I'll just say this, which is it is not the end of the world to get like a stable tech job and you'll be a

great, you know, varn and you'll have like a great, you know, wife and kids and whatever. It'll be fine, right? You

and whatever. It'll be fine, right? You

can go down that route and that's okay, right? For a lot of people, if you're

right? For a lot of people, if you're growing up in like a really poor village or something, that's as if you had an exit, right? Because it's like, wow,

exit, right? Because it's like, wow, it's a huge level up over, you know, like the poverty of India of the 90s and the 2000s, right? So, I won't diss that path at all. That was a path that basically my parents took and, you know,

I think that's a reasonable path for many people to take at, you know, you don't have to take extreme risk at every time, right? Okay. With that said, I

time, right? Okay. With that said, I think that um you know the way to prove it to your parents is the thing is a credential is tangible. Okay? So

therefore, they know you've accomplished something, you know, and your potential spouse knows you've accomplished something and you know it's like a known university and and so forth. When you

decide to strike out into the unknown, you have to accomplish something in a different way. And that means whether

different way. And that means whether it's revenue of a company or whether it's a it's a it's a position at a company and so on and so forth, you have to have something tangible and then

conditional on that then the college doesn't matter. Okay. So for example, uh

doesn't matter. Okay. So for example, uh I've got this great open source project and then you use that project and then you get a job at at Grab and then from Grab now, okay, that's a serious tech

job and then you know you can be fine, right? One thing I will say and I'll

right? One thing I will say and I'll give you back the the mic on this is um an important concept I think is fundamentals over founder ititis. Okay,

I'm going to be doing a lot more about this in 2026. Okay, but I think the concept of being a tech founder h it is good that it's gained prestige and so

on and so forth because it's really hard to be a founder but it's bad in some ways because people don't realize how hard it is to be a founder. That is to say, there's fewer unicorn founders, far

fewer, than there are proathletes.

Okay? So, and unicorn founders are the only ones who actually return capital for the most part on investment. So, if

you are the equivalent of like, you know, a pro alete, like you can dunk from the free throw line, you know, you you're just like the most athletic person in your high school and so forth.

Okay, then found a company. If not, you probably want to just get a tech job because that'll and then put your money into crypto or something like that because that'll be the riskadjusted best path. Okay. Now, I know that's not

path. Okay. Now, I know that's not follow your dreams and so on and so forth, but it's sort of realistically scoping it. It's kind of like everybody

scoping it. It's kind of like everybody knows very early on if they're going to be Messi or Ronaldo or Michael Jordan.

You can tell your athletic ability early on. The the mo one of the most important

on. The the mo one of the most important things is to correctly assess your own technical ability, right? It's like you can look in the mirror and you can say, "Am I Brad Pitt or not?" Okay, fine. Can

I be a Hollywood actor? Okay, maybe may an influencer. Uh you can you can sing.

an influencer. Uh you can you can sing.

It costs you nothing to sing. And you're

like, "Okay, am I am I going to be the next great, you know, singer?" You can play a musical instrument. It cost you nothing. You're like, "Okay, am I going

nothing. You're like, "Okay, am I going to be a great musician?" Um you can try math. It cost you nothing. You can see

math. It cost you nothing. You can see if I'm going to be a great mathematician.

You should self assess your talent level. And it may turn out, for example,

level. And it may turn out, for example, that you're not a 10 on any given axis, but you're like a six or a seven on several different axes. And then you find the role where you're actually a 10 because nobody has that combination of

seven things. For example, you're the

seven things. For example, you're the only person who speaks Molly Ali and knows how to code USDC stable coins.

Okay? Guess what? There's like tens of millions of people who could probably do something like that. Do you see what I'm saying? Right? So you try to take all of

saying? Right? So you try to take all of your personal characteristics, figure out what's rare and then what's economically valuable and then that combination of things, you know, you could be you could be really great.

Okay, >> that was great. Um, I think one more follow-up question. We had a nice

follow-up question. We had a nice conversation right now. I think kids can learn a lot from that as well. Uh, so I have two questions on that. One brief

about everything we talked about which is you know killing yourself here, how big the island is. Number two, why did you choose to work on this problem statement amongst the other things that you could have done right now in your life?

>> Great.

So why work on network school and so forth? It's it's several different

forth? It's it's several different motivations you know. Um my father grew up on a dirt floor in India. Okay. Like

very very poor. This is in the you know 40s and and 50s and he managed to make some himself. He became a physician and

some himself. He became a physician and then you know like so and so walks so and so could run. So and so rants so and so could fly you know like the the you know it's a Kanye uh you know track but

you know Kanye's changed but fine. It

was a good it was good song. Okay. Um,

so part of it is giving back, right?

Like Leland Stanford put his uh capital into building Stanford and one of the things I'm gonna announce is Network School Endowment where I'm putting my capital and those are my friends into building an endowment to kind of do things similar to, you know, what you're

doing with Super30 and so on. I love

that movie. What a great movie. Amazing

movie. Um, that's one piece of it. The

second piece of it is the old war world is ending, right? The postwar order is melting down, right? the post internet order is booting up and I think very few

people are really thinking about platform change. Okay, what do I mean by

platform change. Okay, what do I mean by platform change? Just like you would,

platform change? Just like you would, you know, you write an iOS app and Apple is managing the platform and it's exposing the APIs. In the same way when you incorporate in Delaware, that's using the American government's APIs,

right? You're using that codebase to

right? You're using that codebase to incorporate things, make this edit, make that edit. And this is more than even a

that edit. And this is more than even a metaphor. It's like if you use Stripe

metaphor. It's like if you use Stripe Atlas and you click a button, there's an API call that files a document and comes back. It's literally something where

back. It's literally something where there's a code to code to law interface.

Okay, fintexs are like this as well.

Often at the lowest level of stack, it's like a piece of paper. Okay,

that whole platform is breaking down.

The US government is going the way of the USSR. Like one way of looking at that is the Pentagon is like retreating from Ukraine and it's retreating from Asia. The CDC couldn't control disease.

Asia. The CDC couldn't control disease.

Okay, the the police have been abolished in the US and there's all kinds of crazy crimes and and so on and so forth. The

FBI is not trusted by other sides. The

presidency is increasingly not trusted and so on and so forth. Anything and

then eventually the dollar won't be trusted. Already the dollar has devalued

trusted. Already the dollar has devalued by 100 millionx against BTC from 0.1 cents for BTC to almost $100,000 for BTC. Over the last 16 years, the dollar

BTC. Over the last 16 years, the dollar has devalued by 100 millionx against Bitcoin. Which means that since the

Bitcoin. Which means that since the inception of Bitcoin, the smart money has been moving to the internet and away from America. And at the current moment,

from America. And at the current moment, if you look at Western yields and this is like bond yields, you will see not just the US but the whole G7 and people start to you know frame it as oh America versus Europe there, Western Europe is

in the same bucket. Eastern Europe is in a different bucket but the entire G7 which is the US, UK, Germany, Italy, France, Japan, Canada, okay, all have their yields rising at the same time.

What does that mean? What that means is basically they're becoming a bad credit risk. Okay? It means that that for

risk. Okay? It means that that for somebody to lend to them who is like a a global investor, they need to charge a high interest rate because they're a bad credit risk. And now they're going to

credit risk. And now they're going to try to cut rates, which means they're bad credit risk and they're refusing to pay that credit. It's going to basically destroy the currency. There's more to it than that, but that's essentially part of it. At the same time, what's

of it. At the same time, what's happening? Gold is mooning. Gold is up

happening? Gold is mooning. Gold is up like 2x since last year on such a huge asset. That's massive. Absolutely

asset. That's massive. Absolutely

massive. Gold mooning like that is not a normal thing. Chinese bonds are at

normal thing. Chinese bonds are at all-time low yields. What does that mean? Money is moving out of Western

mean? Money is moving out of Western capital and money is moving into China.

China is the world's best credit risk.

Okay. So, gold and Chinese bonds are the currency of the state. And then at the network side, all the capital is going into internet currencies and internet

companies. The Magnificent 7 in America

companies. The Magnificent 7 in America is where all the growth is and the S&P 493 is completely flat. So the American economy is actually being shut down and

the successors are China and the internet. Most people don't see this yet

internet. Most people don't see this yet because it's this weird virtualized thing where it's like um it's like Biden, you know, Biden was like this scenile daughtering guy and everybody knew he was and so on and then he just

got marked to market in a few chaotic days last summer and then the thing that everybody knew was happening just something happened overnight. That's

what's going to come. Okay, we have to be prepared for that. We have to essentially act as if the US government is not going to be there for us in the same way that the Soviet government was simply not there. All these Soviet

citizens who had bled for the Soviet Union and under communism and so on, suddenly that identity just literally went away. Like you went to the

went away. Like you went to the government office, it was closed. The

Soviet government didn't exist. And

instead you got Estonia and you got Ukraine and you got you know the newly independent Eastern Europe and so sort of everybody had to figure out what they were when they weren't Soviet. Okay. So

that's the second motivation is um like just like Rome fell America's falling but after Rome Christianity endured and after America the internet endures

restore from cloud backup. Okay so the internet encodes a lot of the things that made the American order great and even if you're all Indians you're all English speakers you're all familiar with America from the outside. Many of

you have been to the US. You're

certainly familiar with American culture. So Iben Kaldun has this concept

culture. So Iben Kaldun has this concept of the uh the marchers or the the the border communities, right? When an

empire collapses, those who are on the border between that empire and barbarism are actually the ones who build the next civilization. Why? It's they have they

civilization. Why? It's they have they have one foot in the old civilization and then one foot in the wilderness. So

they know what it means to build something from scratch, but they also aren't complete barbarians, right? The

capital doesn't actually make it because the capital just degenerated, right? So

this is how when Europe fell, America took over and as America falls, the internet takes over. Okay? And so

because the internet is on the border between America and the cloud and the rest of the world and so on and so forth. Okay? And America had a different

forth. Okay? And America had a different composition than Europe and the internet's a different composition than America. And Indians are equals on the

America. And Indians are equals on the internet, but they're not equals in America. They're second class citizens

America. They're second class citizens in America. They're on an H-1B where

in America. They're on an H-1B where they can be denied citizen, but they're first class citizens on the internet.

Okay? So that's the third component. Um

and then the fourth component is you know in many ways you know some people will say oh my god Bali you're such a doomer and other people will say bali you're such a technoutopian right and actually I'd say I'm a doomer optimist

I'm a doomer on the old world and an optimist on the new one right doomer on US politics optimist on global technology okay basically you want minimum necessary America you want to

hold the minimum amount of dollars have the minimum presence in America have the minimum like us anything and be as insulated from that chaos as possible, but you want to be all in on the

internet. The internet will be there for

internet. The internet will be there for you when everything else goes down. Like

when the US was shut down in 2020 and so on, the internet stayed up, right? The

internet companies were functional even during the COVID lockdown, right? And

that was like a dress rehearsal for like the shutdown of all kinds of things. So

the optimist part is we can build cities from scratch. Like literally this island

from scratch. Like literally this island was raised out of the ocean like Moses parting the Red Sea. Okay, if you go to Dubai, the Palm JRA raised out of the

ocean, right? The the Nichian will

ocean, right? The the Nichian will power, okay? To just raise the earth and

power, okay? To just raise the earth and populate it from the cloud. Okay, that

is what we can do this century. And we

we can build that template for the network state here. We populate the land from the cloud and then we do that all over the earth. Okay. Now, why do this?

this you ask why do we do this other things well to be honest another billion dollar company or billion dollar fund or billion dollar currency it just doesn't move the needle anymore for me and I I

don't think it really moves the need for the world right obviously to be clear for you guys that'd be a great achievement go and do that okay awesome you know or join one and so and so forth I'm not saying that as like but at least

for me uh this is something where more money doesn't actually mean anything but more freedom and more civil ization does. So that's why I'm doing what we're

does. So that's why I'm doing what we're doing. Okay, let me pause here.

doing. Okay, let me pause here.

>> All right, thank you so much. You guys

have any questions? Now we'll open it up.

>> Okay. Uh so you talked about the convincing the parents and state uh the jobs and all then there is one question as a student uh what do as many technologies are upgrading many are

going many downgrading. So what do you think are jobs of the future? or

anything of work of the future. Yes,

>> great question. So, what what are the jobs of the future? So, Ben Haritz um who was my you know boss and mentor at Anderson Haritz um had a very good line

on this and now he's a peer and a friend and you know we invest a lot together.

Uh and he said it's easy to see the jobs that are going away but it requires a lot more imagination to imagine the jobs that arise. For example, think about how

that arise. For example, think about how many people work in social media or obviously how many people work in computers versus how many people worked in them 40 years ago, right? Like it was

kind of unimaginable to think about how much the economy changed. So there's

like millions of jobs in tech and and so it's like the center of the economy that really almost didn't exist. It was like very much the Frenches in 19 1980s.

And you know, you think about lots of behaviors in the 80s that became like, for example, when I grew up in the 80s, we had photo albums. We didn't have Instagram. And it was a

relatively infrequent occurrence to look at photos. It was something you did

at photos. It was something you did during the holidays. You had to go and take photos, get them developed. It was

a photo album. You brought it out and, you know, you didn't have digital photos. You had to literally pass around

photos. You had to literally pass around the album and so on and so forth, right?

It was relatively rare occurrence to get physical mail. Okay? Like, yeah, you

physical mail. Okay? Like, yeah, you would get envelopes, but it wasn't like something you got every day, right? Um

it was a relatively rare occurrence to send money internationally or frankly even to make a payment was not that common. You would buy stuff at the

common. You would buy stuff at the grocery store like once a week but people were not in the habit of getting a daily Starbucks coffee and stuff like that in the 80s right many things were happening on the fringes that became

much much much more frequent 10 a thousand more frequent as of today. So

what are the things on the fringes that I think are going to become much more prevalent? Well first is proctoring and

prevalent? Well first is proctoring and verification. Okay, AI makes everything

verification. Okay, AI makes everything fake. Crypto makes it real. Again, many

fake. Crypto makes it real. Again, many

markets are things where AI is reducing generation costs but actually increasing verification costs. So there's all kinds

verification costs. So there's all kinds of fakery around um resumes around proof of human around uh you know sales messages all these

like AI agent startups are essentially pelting channels with spam and breaking them such that new digital borders will have to be erected. new proctoring and verification technologies will need to

be developed and essentially a huge chunk of the world will become digital tribes that only trust within the tribe and don't trust outside of it because anything that they aren't perceiving that was reported by a tribal member

could literally be fake because like you could just very credibly fake I mean anything on the internet could be credibly faked with AI basically depending as as these models get better and better right so proctor and

verification one whole big thing a second big question is what can you do that China can't because China can do anything in the physical world. Many people I mean I

physical world. Many people I mean I don't think a lot of Indians do but many people in the west underestimate China because they feel undermined by it right they they are talking it down because

they're scared of it you know and they're like oh it'll go away it's going to die whatever whatever actually it is just maybe the single most powerful industrial power that has ever existed in history right is like 5x or 10x what

America was at its peak and it hasn't peaked and it just cranks out widgets for everything it's got entire cities devoted to like socks or to hairdryer dryers and so on and so forth, right?

Like a 100,000 people just cranking out every permutation of haird dryer and so on on the planet. And uh and they go from making the hobbyest drones to making the military drones, right? Like

the the small-cale consumer expertise.

People think like the military economy is different than the consumer economy.

It's not. The military economy is a subset of the consumer economy. If you

make lots of cars, you can make lots of tanks. If you can't make lots of cars,

tanks. If you can't make lots of cars, you can't make lots of tanks. Okay? So,

China basically just dominates the physical world. anything you look around

physical world. anything you look around and if you had AR glasses and you just lit up everything in this room like some significant fraction is made in China right China is a physical world but the

internet is a digital world so what can't China do well first assume anything in the physical world China will be able to copy it clone it and do it at this insanely low price where

their cost of production is uh their cost to sell it is less than your cost of production okay so that means is you have to figure out also what jobs can you do that China Well, the first thing

that China can't actually copy is the territory outside China. The second

thing it can't copy is the community outside China. And the third thing it

outside China. And the third thing it can't copy is, let's call it, the morality or the spirituality outside China. If we had a thousand different

China. If we had a thousand different network states and one is a vegan village and one is like, you know, Menanite and one of them is like, you know, a uh Sanskrit immersion community

and so on and so forth, right? China

could not copy all of those cultures and bring them into China without changing China.

It could export prayer rugs and vegan food boxes and like Menanite crosses or whatever. It could export the physical

whatever. It could export the physical goods, but it couldn't really clone the whole thing. It could just be a vendor

whole thing. It could just be a vendor to those things. Okay, this is actually a deep point because those combine network states combine all three things.

They combine community, they combine territory, they combine morality. So in

and of course they're scalable and you can build quite a good business on them, right? So China can't clone the social

right? So China can't clone the social network outside China. This is actually why it was harder. It was easy for China to clone electric vehicles but it was hard for them to clone Facebook because

Facebook had a social network. Right? So

China can clone the physical but not the digital. Now as Indians basically very

digital. Now as Indians basically very roughly you know historically if you read Fukuyama's origins of political order China had a state that stood above the

law. What did that mean? That meant that

law. What did that mean? That meant that the Chinese people were very practical and they said you know what the king is very powerful. He's got all these

very powerful. He's got all these soldiers. Nothing written on a piece of

soldiers. Nothing written on a piece of paper is going to constrain him. But the

mountains are high and the emperor is far away. So we have practical liberty

far away. So we have practical liberty rather than the western tradition of quoting something like I know my rights.

Right? They just say well the king is all the power but you know the emperor has all the power. We can do what we want practically. The emperor soldiers

want practically. The emperor soldiers can't be everywhere. Right? So there's a very practical Chinese understanding of the balance between the state's power and individual liberty. India had the opposite. They had law above state

opposite. They had law above state strong law weak state. Why? because all

the various princes in the Indian subcontinent really believed in Dharmic law and so like you could quote Dharmic law to them and they'd really feel oh I'm not going to get reincarnated unless

I do this right so there's a law above the state in India but there was state above law in China what is equivalent today the Chinese state is still state above law right you have the all

powerful allseeing communist party and now with AI the mountains are never high and the emperor is never far away because they can see everything everywhere at all times for a Chinese person to have any independence for that they have to go overseas. Hence the

Chinese capitalist party would come here. But the equivalent of India is the

here. But the equivalent of India is the internet where it's law above state.

That's what crypto is. You can quote crypto in a sense and it is stronger than the state. Bitcoin is stronger than the state. The state cannot stop

the state. The state cannot stop Bitcoin. Like you know the the American

Bitcoin. Like you know the the American state, the Chinese state pushed really hard against they really can't stop it.

Encryption uh as as assange put it, no amount of violence can can solve certain kinds of math problems. So anything that's related to the digital, the spiritual, the um the

moral, right, is a kind of thing where those are jobs China can't copy. Okay.

And finally, the third kind of job is going to be well there's other kinds of things besides this. So just to recap, the first is in proctoring and verification, the jobs that AI or compliment AI. The second is morality,

compliment AI. The second is morality, spirituality community territory.

There's the jobs China can't do, right?

Um, and I think uh the um I think there's various areas that are going to really arise, but as the American regulatory state recedes, there's going to be a flowering of

innovation, especially in biotech where we're going to have a hundred years of held back innovation that might happen in 10. Okay, there's so many papers, so

in 10. Okay, there's so many papers, so many research papers that show the equivalent of like limb regeneration or like, you know, the reversal of aging that have been held back by the entire

FDA, AMA, CDC choke point. As that

recedes and goes to zero, you have a bursting forth of biotech innovation.

You also have all kinds of weird patent medicines and scams and so on. It'll be

a lot like crypto, okay? But

essentially, it'll become um your body, your choice. Okay? If you think about

your choice. Okay? If you think about it, it's kind of weird that you can go bungee jumping or you can go skydiving, but you can't take an experimental treatment. So you can like, you know,

treatment. So you can like, you know, you can do in Canada, you can do youth in Asia. You can kill yourself, but you

in Asia. You can kill yourself, but you can't make yourself stronger. Okay,

that's going to change, right? The

ethics of self-improvement like the Brian Johnsonian kind of thing that is rising, right? So the third major area I

rising, right? So the third major area I I like I think a lot about is biotech.

Okay, so let me pause there. Those are

those are the things. Go ahead.

>> Yeah, one more question. All right, last question guys. One last question.

question guys. One last question.

>> So about it's a network school. So my

question is to govern all these networks you sort of need a authoritarian uh governing style and dictatorship style.

Uh which is what is needed. Uh so yeah humans have very complicated features right. Uh so what do you think? What are

right. Uh so what do you think? What are

your thoughts around AI governance?

That's basically my question. And

What about you know instead of just voting for some person we vote for the act or the rates for the acting of the >> great question. So first is I'm very

much against dictatorship and for democracy and let me explain why. Um I

believe in consent and so the governance of never school and never states I've got a talk on technmocracy and the fundamental thing we're going to be implementing is actually a prototype.

We're going to open source this technocracy is to democracy what cryptocurrency is to capitalism. That is

to say the same technology that you can use to send one bitcoin on chain we can use to send one vote on chain. And what

people will do is when they come to network school, they'll sign the social smart contract and they will get an I voted for the NS core team sticker, an NFT sticker in your wallet, and that

will also be used to open your door. So

that will every time you open your door, you'll pull up I voted for NS Core. And

that means that egress into our digital digital and physical territory is based on your ongoing affirmative consent to effectively let's call it our terms of service plus the social smart contract.

So there's nobody we're governing that has not consented to be governed by us within our digital and physical territory. And the reason I think this

territory. And the reason I think this is important is consent is always you want minimal necessary coercion. Like okay, if someone's a

coercion. Like okay, if someone's a criminal, yes, you have the police go and grab them, but really what you want is 99.99% of the time people have

consented to governance. Like when I enter Singapore, I have consented to not chewing gum.

and they have a very clear sign death penalty for drug smugglers. So if you want to do that, go to the Netherlands, right? So you opt into constraints,

right? So you opt into constraints, right? And we could have a thousand

right? And we could have a thousand different network states around the world that have different kinds of governments and everybody has a choice, a free choice as a free man decide where to go. Basically, you know, communism

to go. Basically, you know, communism collapsed in the Soviet Union and then China became the pragmatic Asian version of communism that was really capitalism, right? And democracy unfortunately is

right? And democracy unfortunately is probably going to collapse in America and Western Europe, right? Because the

the welfare state, everybody voting themselves all the money. So democracy

will get a unfortunately negative reputation. India becomes in some ways

reputation. India becomes in some ways the world's leading democracy and the internet becomes the the basis of restoring democracy. And so I think we

restoring democracy. And so I think we need to go back to the root of democracy which is the consent of the government rather than the superructure that people erect around it. Right? So all right. So

that's one answer. Then your second answer about AI governance.

I think un unless we have some true new breakthroughs in AI, AI is downstream.

It's not upstream. Like for one thing, like there's, you know, this is actually an interesting insight someone had the other day. There's not that many people

other day. There's not that many people who have 150, 160, Einstein, vonoman, Vermon like IQ. There's a lot more people who are of middle intelligence

and that's what AI is trained on, right? So it'll give you a decent answer

right? So it'll give you a decent answer but it may not give you the best answer in any given field. That's one

structural constraint on AI. And number

two is you can see AI empirically how it works. You still have to prompt it. The

works. You still have to prompt it. The

prompting means you have to set a goal for the society. You have to set a direction vector. It has to vibe with

direction vector. It has to vibe with your community. AI is downstream of the

your community. AI is downstream of the prompt, right? That's not upstream.

prompt, right? That's not upstream.

That's downstream. Like AI is a servant, not a master, right? And so I think we're gonna have amazing robots. I think

we're gonna have like a garden of intelligent things like smart fridges that you can talk to and you know dogs that can you can speak to and so forth.

will have like an enchanted world, right? Actually, sort of like actually

right? Actually, sort of like actually Chinese and Indian mythology, you know, where there are all kinds of spirits and stuff around and you could kind of speak like that world will become more real,

right? Where it's almost like a quasi

right? Where it's almost like a quasi technological supernatural, okay? Um,

but that's not the same as like God, right? Like that's something that's

right? Like that's something that's above. it's actually something that's

above. it's actually something that's below, you know, which is fine, but until we actually have an AI that um can like run the loop, which is possible. I

don't I grant it is possible. We need

new breakthroughs to get there. So, I

don't think AI governance is real right now. I think what it is is just

now. I think what it is is just reflecting back people's prompts. Okay,

let me pause there. Thanks, guys.

>> Yeah, let's go. Great. Thanks, guys.

Have fun. Okay.

>> Quick photo with them.

>> Oh, yeah. Let's take a quick photo.

Let's go ahead. Yeah.

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