Uploaded August 2024 | Updated September 2026, 3 hours ago
This week, Noah Smith and Erik Torenberg are joined by Dario Amodei, CEO and Co-founder of Anthropic. Dario talks about the economics of AI development, the comparative advantage of AI companies like Anthropic, AI safety, and his stance on California's SB 1047 bill. They also discuss the impacts of AI on global power dynamics, competition between the US and China, and inequality in an AI-powered world.
🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: turpentinenetwork.co
RECOMMENDED PODCAST:
🎙️ @oneto100podcast | Hypergrowth Companies Worth Joining
Every week we sit down with the founder of a hyper-growth company you should consider joining. Our goal is to give you the inside story behind breakout, early stage companies potentially worth betting your career on. This season, discover how the founders of Modal Labs, Clay, Mercor, and more built their products, cultures, and companies.
Spotify: open.spotify.com/show/70NOWtWDY995C8qDqojxGw
Apple: podcasts.apple.com/podcast/id1762756034
&
🎙️@History102-qg5oj
Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.
Subscribe on Spotify: open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm
Apple: podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913
--
SPONSORS: NetSuite | Babbel | WorkOS
📈 More than 37,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. If you're looking for an ERP platform, get a one-of-a-kind flexible financing program on NetSuite: netsuite.com/102
🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at get.babbel.com/eg_podcast_flags_ame_usa-en?bsc=podcast-econ102&btp=default&utm_campaign=podcast-econ102&utm_content=podcast..econ102..usa..oxfordroad&utm_medium=podcast&utm_source=econ102&utm_term=generic_v1
🛠️ Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at bit.ly/WorkOS-Turpentine-Network
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co
--
FOLLOW ON X:
@noahpinion
@eriktorenberg
@anthropicAI
@turpentinemedia
--
LINKS:
Anthropic: anthropic.com
Noahpinion: https://www.noahpinion.blog/
Elon Musk's endorsement of SB 1047: https://x.com/elonmusk/status/1828205685386936567
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TIMESTAMPS:
(00:00) Intro
(02:07) Dario’s intellectual evolution
(04:18) Is Google the Bell Labs of AI?
(07:48) Economic moats in AI
(10:13) Scaling hypothesis and AI’s future
(14:47) National security and AI
(16:44) Leopold Aschenbrenner's essay
(18:14) AI’s impact on business models
(24:19) Noah's big thesis
(27:13) Sponsors: NetSuite | Babbel
(29:23) AI arms races?
(33:41) AI’s impact on labor and skill distribution
(38:05) Sponsor: WorkOS
(39:06) Future of AI and a hyperscaling world
(41:42) A vision of radical abundance
(47:14) AI safety and inequality
(51:23) The SB 1047 debate
(56:13) Rabbit alignment problem
(58:41) Wrap
This week, Noah Smith and Erik Torenberg are joined by Dario Amodei, CEO and Co-founder of Anthropic. Dario talks about the economics of AI development, the comparative advantage of AI companies like Anthropic, AI safety, and his stance on California's SB 1047 bill. They also discuss the impacts of AI on global power dynamics, competition between the US and China, and inequality in an AI-powered world.
🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: turpentinenetwork.co
RECOMMENDED PODCAST:
🎙️ @oneto100podcast | Hypergrowth Companies Worth Joining
Every week we sit down with the founder of a hyper-growth company you should consider joining. Our goal is to give you the inside story behind breakout, early stage companies potentially worth betting your career on. This season, discover how the founders of Modal Labs, Clay, Mercor, and more built their products, cultures, and companies.
Spotify: open.spotify.com/show/70NOWtWDY995C8qDqojxGw
Apple: podcasts.apple.com/podcast/id1762756034
&
🎙️@History102-qg5oj
Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.
Subscribe on Spotify: open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm
Apple: podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913
--
SPONSORS: NetSuite | Babbel | WorkOS
📈 More than 37,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. If you're looking for an ERP platform, get a one-of-a-kind flexible financing program on NetSuite: netsuite.com/102
🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at get.babbel.com/eg_podcast_flags_ame_usa-en?bsc=podcast-econ102&btp=default&utm_campaign=podcast-econ102&utm_content=podcast..econ102..usa..oxfordroad&utm_medium=podcast&utm_source=econ102&utm_term=generic_v1
🛠️ Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at bit.ly/WorkOS-Turpentine-Network
--
SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co
--
FOLLOW ON X:
@noahpinion
@eriktorenberg
@anthropicAI
@turpentinemedia
--
LINKS:
Anthropic: anthropic.com
Noahpinion: https://www.noahpinion.blog/
Elon Musk's endorsement of SB 1047: https://x.com/elonmusk/status/1828205685386936567
--
TIMESTAMPS:
(00:00) Intro
(02:07) Dario’s intellectual evolution
(04:18) Is Google the Bell Labs of AI?
(07:48) Economic moats in AI
(10:13) Scaling hypothesis and AI’s future
(14:47) National security and AI
(16:44) Leopold Aschenbrenner's essay
(18:14) AI’s impact on business models
(24:19) Noah's big thesis
(27:13) Sponsors: NetSuite | Babbel
(29:23) AI arms races?
(33:41) AI’s impact on labor and skill distribution
(38:05) Sponsor: WorkOS
(39:06) Future of AI and a hyperscaling world
(41:42) A vision of radical abundance
(47:14) AI safety and inequality
(51:23) The SB 1047 debate
(56:13) Rabbit alignment problem
(58:41) Wrap








![Tech Maturity and What Lies Ahead
This week on ECON 102, Noah Smith and Erik Torenberg discuss the differentiation between technology and tech as an investment category, the future of AI, potential profitability of AI companies, and the challenges faced by VC investors in the AI space.
🔥 Apply to join over 400 Founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj
RECOMMENDED PODCAST:
🎙️ History 102 with WhatifAltHist
Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.
Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm
Apple: https://podcasts.apple.com/us/podcast/history-102-with-whatifalthists-rudyard-lynch-and/id1730633913
YouTube: @History102-qg5oj
SPONSORS: NETSUITE | BABBEL | WORKOS
More than 37,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. If youre looking for an ERP platform, get a one-of-a-kind flexible financing program on NetSuite: netsuite.com/102
🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at https://get.babbel.com/eg_podcast_flags_ame_usa-en?bsc=podcast-econ102&btp=default&u[…]oad&utm_medium=podcast&utm_source=econ102&utm_term=generic_v1
🛠️ Building an enterprise-ready SaaS app? WorkOS has got you covered with easy-to-integrate APIs for SAML, SCIM, and more. Join top startups like Vercel, Perplexity, Jasper & Webflow in powering your app with WorkOS. Enjoy a free tier for up to 1M users! Start now at https://bit.ly/WorkOS-TCR
SEND US YOUR Qs FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co
LINKS:
Noahpinion: https://www.noahpinion.blog/
Some thoughts on the future of the tech industry: https://www.noahpinion.blog/p/some-thoughts-on-the-future-of-the
_
TIMESTAMPS:
(00:00) Intro
(00:23) State of technology: Optimism vs. realism
(07:18) Consumer social and the limits of innovation
(11:10) Role of AI in education and healthcare
(18:35) Sponsors: NetSuite
(19:14) Impact of incumbents on innovation
(24:02) Future of e-commerce and remote work
(30:26) Sponsor: WorkOS | Babbel
(32:52) Future of AI in venture capital
(36:11) Economic impacts of AI adoption
(40:50) Challenges in AI profitability
(43:31) Role of big tech in AI
(50:26) Political shifts in the tech industry
(01:03:08) Wrap Tech Maturity and What Lies Ahead](https://i.ytimg.com/vi/E015NcNjrd4/mqdefault.jpg)

