
Loading summary
Tom Bilyeu
Support comes from Wise. The smart way to manage the currencies
Peter Diamandis
you need around the globe.
Tom Bilyeu
Fed up with losing out to hidden fees when you send money abroad with your everyday bank, choose the smart way Wise. You can count on the exchange rate
Peter Diamandis
you'd usually find on Google.
Tom Bilyeu
No unwelcome surprises. Plus, ditch that where's my money feeling. Most transfers arrive in under 20 seconds.
Peter Diamandis
Join millions saving billions on hidden fees.
Tom Bilyeu
Be smart, get wise. Download the Wise app today. T's and C's apply right now. I want to talk about a bet you're losing. Every day someone says something important in a meeting. A client drops an offhand comment that matters. A teammate floats a half formed idea but you know it's gold. And then you bet yourself the same thing every time. I'll remember that. But nine times out of ten you lose that bet. Everybody does. Your brain wasn't built to retain 40 hours a week of dense conversation. And the cost isn't just a forgotten detail. It's the follow up. You never make the promise that you don't keep the connections that slip through your fingers. And Plowed is built to make sure you win that bet every time. It's an AI powered device that captures the conversations you can't afford to lose. Real meetings, real calls, real in person discussions. It records, transcribes and turns hours of talk into searchable summaries, action items and follow ups. Ask it what was decided last Tuesday. Ask it to draft the follow up email it already knows. So you can stop wasting mental energy trying to remember everything and win the bet with yourself. Over 2 million people are already using Plowed. Get 10% off with code TOMTEN at Plowd AI Tom. Plowd is spelled P L A U d. It's plowd AI tom and use code tom10.
Peter Diamandis
In the near term the choice people are going to have to make is are they happy with what they have or do they want to use these technologies to dream bigger? Are they going to do ninth grade homework with it? Are they going to build a starship? Most of us limit what we think we can do. Use these AI tools to build something to create a product, a service, a company that is of value to people. Do it with a friend. Do it with a group of friends. Do it on your own as a solopreneur and create your own future. It's taking the future in your own hands.
Tom Bilyeu
Peter Diamandis, welcome back to the show.
Peter Diamandis
Tom, it is always a pleasure. You know I consider you a dear friend and it's Been way too long.
Tom Bilyeu
It has been way too long, man. And I'm super excited to be sitting across from you. We think about some of the same things at all times, but you and I come at things from a slightly different angle. So I just saw an ex that you posted that AGI is here, that the benchmark you had set has been crossed.
Peter Diamandis
Yes.
Tom Bilyeu
If you're right, what's the first thing in society that breaks?
Peter Diamandis
So I already know that the, the social contract of do well in high school, get a new good college, get a degree, get a job is broken. That's broken. And I think we'll see the data play that out.
Tom Bilyeu
Is that partly because of the state of tech or something?
Peter Diamandis
Yeah, no, no, it's the state of tech and I think that that's generating a lot of fear of will my kids get a job, will I keep my job? And that fear is real. It needs to be addressed. So I think we're going to, we're going to see that. We're also going to see a significant number of companies that are going to downsize that will go from, you know, 100% employment down to 20% of their employee base using AIs to enable them to do what they're doing more effectively, more efficiently. The countervailing force. And the data is out that we're going to see a lot more startups, we're going to see a lot more solopreneurs. In fact, in the last quarter I just reported on this that the number of solopreneurs in, in AI businesses and non AI businesses has doubled. Right. So it's people who lost their jobs and are now saying, okay, what do I do? And the idea of, you know, we're living in this post industrial revolution world in which our schools are teaching our kids to get ready for a company as a line worker. Right. And where the, you know, the basic social contract was to go get a job. And I think there's a new vision that people can have for themselves, which is I'm going to go build something valuable for the world.
Tom Bilyeu
All right. So one of the things I found interesting about living through the Internetification and that revolution because obviously for the Industrial Revolution, I'm only reading about it in history books. Same thing with electrification, but with the actual Internet. I live through that.
Peter Diamandis
Yes, as did I.
Tom Bilyeu
The. Yeah, the big punchline there was that gatekeepers don't exist anymore. So if you're really good at a thing, you can reach through that phone. Ultimately, that was when it really took off. You can Reach that phone and impact people. And what do you see as being that kind of thing that falls. So there was a structure in society, gatekeepers that fell. What does intelligence on demand knock over?
Peter Diamandis
What's fallen is the barrier to starting something. You know, if you wanted to start a company a decade ago, maybe even five years ago, you'd have to get the right lawyer, the right accountant, you'd have to get the right engineers to help you build your thing. You'd have to go and do the marketing research to figure out what you wanted. And that cost money. I mean, the startup cost for a new company was in the hundreds of thousands of dollars. And then you'd have to find the team to do that with. And I think that is massively collapsed. Right? If you have a problem that you care deeply about, that you want to solve, you can do the research in literally milliseconds. You can build it using AI today in all of the models, from Google's models to anthropics to OpenAI's models, can help you build a product by you just describing what it is, what you want it to do. You can create the marketing materials, you can spin up the website. And so that barrier to entering into a world as a entrepreneur has massively
Tom Bilyeu
collapsed as the barrier to entry on filmmaking, news, reporting, podcasting, all of that. As that went down, noise absolutely exploded. You have people going into the field, but very few people being able to make a living. When you look at entrepreneurship, do you see something similar where this becomes like the YouTube of companies, you sort of pop in and out of existence. It becomes very ephemeral.
Peter Diamandis
Yeah, sure, there will be that. I warn people, don't do something that you think is going to make money. Do something you deeply care about, right? Something where you. It's in your heart and soul. You wake up with this level of energy and passion that you and I both have. Like, find your purpose and find something to build aligned with that purpose. Right? I. I define sort of passion as something you love doing. It could be snowboarding, it could be, you know, reading science fiction. Purpose is a passion that you love doing that serves other people. And if you're really delivering value, you can create your. Your niche business, right? You can be a barber who wants to open a second chair and market your barber shop better, right? I mean, you don't need to be going out for venture capital or any of that. So I think the ability for you to reach people and deliver something that is valuable and real and grow from that experience is off the charts.
Tom Bilyeu
All right. I don't know if you've looked at the data, but when you look at the Industrial revolution, great Internet, or the great electrification, great Internet ification, what ends up happening is it creates more jobs than it destroys. And that really does. The Apollo data just came out a couple of days ago. Same idea. They're not seeing AI, even though we're seeing all these companies lay off massive amounts of people. And in the overall jobs data, they don't see the downturn.
Peter Diamandis
True.
Tom Bilyeu
But when you look backwards, what you see is true. The technology creates more jobs than it destroys. But for the people that were trained up and let's say north of 35 years old, they're toast, man. Like, if they don't have adaptability in their DNA, like, they will struggle forever. And one of the things that people are saying, so the US Overall life expectancy has declined. And one of the fingers that people point to is that you've got so many deaths of despair from people that got displaced by the Internet, that weren't able to become coders, like the whole learn to code meme, and they just never found other jobs.
Peter Diamandis
Yeah.
Tom Bilyeu
And that's been historically true where you lose a generation or two that just don't adapt to the new technology. How do we deal with that in AI when it's moving at a rate that is just unparalleled?
Peter Diamandis
The speed is the issue. Right. Electric electrification of America was decades of process. When I've looked at the data and I've reported this on my Moonshots podcast a few times. First of all, it's murky. It's not crystal clear.
Tom Bilyeu
The historical data or.
Peter Diamandis
No, no. The current estimate of job loss in AI. There's both sides are arguing. Right. You've got Sam Altman just recently coming out and saying, no, I was wrong, we're not going to have this job apocalypse.
Tom Bilyeu
You have how convenient as is ipo
Peter Diamandis
and same thing for Darioid Anthropic. Right. And I agree with that statement. What it looks like is the job loss is actually a lack of hiring. So what I'm looking at at the data is the number of unemployed individuals is growing in the age 22 to 28. And for me, that's a big concern. Right.
Tom Bilyeu
It's hard to get in now.
Peter Diamandis
It's harder to get in. But I think about. We've talked about this. The next two to eight years is a period of turbulence. I do believe we're heading towards this extraordinary world of abundance and we're going to get there. But it's going to be turbulent over the next number of years as society is beginning to adapt to this. And when you've got. I'll make it a very broad statement here, testosterone related in young men who can't get a job and therefore can't afford a car or a house or get married, because of that, they're going to get angry. And so I'm worried about social unrest in that context. And the fear is real. You know, you saw, you know, Eric Schmidt and others getting booed talking about AI at commencement speeches.
Tom Bilyeu
They were surprised. That's the part I was shocked by, that they were surprised that young people are scared that this is a moment of this insane transition. These guys, they've done well, God bless them. I'm an entrepreneur at heart. I love to see people win. But. But if you lose sight of what it's like to be in your 20s where the world is just confusing, it doesn't necessarily feel confusing. You just don't know what to do. You don't have any sense that, oh, I'm going to get on the other side of this.
Peter Diamandis
Yeah. And I just did an event recently and I had two young guys, both in college, age 21, 22, come up to me afterwards and say, I'm so happy to be in a room of people who actually think AI is going to help us. And AI is a good thing because they're ostracized on their campus because of that. And, you know, I just published a blog post on Substack about my fear is not AI, it's the lack of AI. And we can talk about AI being a problem here in the first world, where we got good health care and reasonable education, but in the majority of the world, the other, you know, 6 billion people, or the rising billion, the only hope they have for good health care, for better education, for addressing issues, increasing crop yields and so forth, is going to be AI supporting, uplifting those individuals.
Tom Bilyeu
That's a really good point. We're hitting pause for a moment, but there's plenty more ahead, so don't go anywhere. Let's talk about the thing your business just can't survive without. I go live three days a week at 7am and every single morning, you guys show up, you're there, ready. And if my connection drops in the middle of that live stream, the moment's gone forever. You do not get a second chance with live content. When you're a digital media company, your Internet isn't a utility. It's your entire operation. Every live stream, every interview, every piece of content flows through that connection. One drop and I lose you, I lose the momentum and I lose the trust that I've spent years building with this community. And I know a lot of you are in the same position. Your business depends on staying connected. That's why I trust AT&T business Business. They're built for business owners who cannot afford downtime, reliable connectivity, simple setup and the kind of dependability that helps you stop worrying about your infrastructure and start focusing on your people. Impact Theory is powered by AT&T Business Built to Work. Get AT&T business@business.att.com I want to talk about Summer heat is unforgiving and it exposes exactly how bad most clothing actually is. Cheap synthetic fiber does not breathe. It traps that heat against your skin, makes you sweat more, and then you spend the whole day uncomfortable. Meanwhile, quality natural fabrics, real linen, real cotton actually help regulate your body temperature. You stay cooler because the material is helping do the job. That's the difference Quince makes. I've got one of their 100% Pima Cotton Tees and the quality is immediately obvious. You can feel it. Soft, well constructed, the kind of thing that's built to hold up. That's what premium materials actually feel like. Quince makes high quality summer essentials, European linen pants and shirts Starting at just $34, soft cotton tees, lightweight cotton sweaters for cooler nights and prices everything 50 to 80% less than comparable brands. They work directly with ethical factories and cut out the middlemen. So you're paying for the product, not the markup. Do not suffer through this summer in cheap fabric. Elevate your summer wardrobe. Go to quince.comimpactpod for free shipping on your order and a 365 day return policy. Now available in Canada too. That's quincy.com impact pod for free shipping and a 365 day return policy. Quints.com impact pod we'll be right back to the show. But first let's talk about a number that should concern you. Data breaches have increased 211% in a single year. And every breach means more of your personal data. Your address, your phone number, your Social Security number. It ends up on data broker sites where anyone can buy it. The question isn't whether your data is out there. It is the question is whether you're doing anything about it. That's where Incogni comes in. They track down your data across hundreds of sites and remove it automatically. You authorize them once. That's it. They handle everything else. Plus, with custom removals you send them any link where your information shows up and their team is going to take it down. The threat is growing. Incogni is the response that grows with it. Go to incogni.com impact and use code impact for 60% off an annual plan. Try it risk free for 30 days. Now let's get back to the show. Thanks for sticking around. Let's get right back into the action. So when you look at the changes that are coming in the state of AI right now, so we both agree there's a chasm that we're going to have to cross. It's a terrifying chasm for the reasons that you said. I, I would paint an even more troubling picture in that we already have a weak economy that is hard bifurcating in the K shape we have. Populism was already on the rise because of debt. And now we have the most rapid technological transformation ever in human history in order of magnitude. Yeah. So now we know that people are fearful as it is and it's coming at this time. So what are the technologies? So if we know the thing that's going to break is we're training people for an old system that's already dead. There's a social contract there that just adds to the resentment of people feeling like boomers. You like you have hoarded all the money, all the opportunity. You've locked us out and now we're coming into this time where how do I even pick a direction like this is all changing so fast. What are the things you see happening in AI that makes you go, no, no, no. The real problem is lack of AI because it can do what are the things.
Peter Diamandis
First of all, I just want to acknowledge there is a lot of fear. Right. And the other thing, and I, I think you agree with this, that fear is like the worst place to face the future from. Sure, right. It, it shuts you down. Like it or not, we're going to see this transformation where companies are shrinking in size. The countervailing data again is that we're going to see more small companies starting more than ever before.
Tom Bilyeu
But what is it that AI is doing? Doing like what's the thing? Gene editing?
Peter Diamandis
I mean, so. Okay, let me jump into that. So first of all, I think the biggest benefit we're going to get out of AI that no one's talking about is going to be the impact on science we're going to solve. You know, we are solving math right now. You know, AI is, is fundamentally solving most of the most difficult math challenges that have Been on the books that no human has done. What follows next is physics. What follows after that is chemistry, biology, material sciences. So let me double down. It's going to be the ability to spin up drugs much faster than ever before. If you listen to folks like, like Demis Hassabis, his statement, and he's doing this. He's the CEO of Google's DeepMind. He's also the CEO of Isomorphic Labs. His belief is that we're going to cure all disease, all disease within a decade. Right. So imagine a world in which cancer is shot, you know, cardiovascular disease, inflammatory disease, you know, all of these things, infectious disease, all diseases solved. That's huge. I mean, if you're young, you can look at your parents, they're going to be, you know, towards the end of their lives, are spending majority of their wealth dealing with health issues. Dario went on stage a year ago and said his belief is that we will double the human lifespan inside of the next 10 years. Whoa. I mean, extraordinary. You can look it up. It was a presentation.
Tom Bilyeu
I've never heard that.
Peter Diamandis
The presentation is shocking. Yeah, the presentation he gave at, at Davos last year. And if you think about just those two things, I mean, there's no greater wealth than our health, right? I love the saying, the man and woman has their health has a thousand dreams. The man and woman does not have their health has but one. So being able to address all disease, being able to double the lifespan. But it's not just that it's health span, it's how long are you feeling? Amazing. So Ray Kurzweil's prediction is that we'll reach longevity escape velocity by 2033. And that's the point at which for every year that you're alive, science is extending your life for more than a year. There's that. The reality is our ability to address the climate crisis is not going to come because we're getting smarter, working harder. It's going to be the development of new processes, new capabilities. That's coming from AI, our ability to address. I'll go to Elon. I don't know how your audience feels about Elon.
Tom Bilyeu
I love him. So at a minimum, they hear me talk about him all the time.
Peter Diamandis
He's been a friend for 26, 27 years now, and I had him on the Moonshots podcast and we talked about his belief that we're going to see a triple digit growth in the GDP in the next five years. Triple digit growth.
Tom Bilyeu
My audience will be going, yeah, but is that evenly distributed or is that
Peter Diamandis
Just so let's go there. He was back on the podcast in March and his vision is that AI and humanoid robotics will be able to create products for people at such an extraordinary rate, at such a de minimis cost that we'll be able to have this, you know, he calls it, not UBI but uhi, Universal High Income. And the notion is that, yeah, you may not earn more money, but your ability to get more stuff is going to be through the roof. Let's give an example. We've got Waymo coming here in Santa Monica. When I drive around, I'm seeing like 10, 15 waymos during my drive. We've got Cybercap coming. We've got an autonomous vehicle from Lucid Uber. It'll probably be on Zoox. They'll probably be on the order of at least five, maybe as many as 10 of these cyber cab type companies. And what does that mean? It means that your cost of transportation has just dropped by five and they're going to beat each other up for the lowest possible price. The idea that if in fact Optimus and figure and 1x and all these humanoid robot companies are coming online and have advanced AI capability, the cost of these robots are projected at to purchase at $20,000 and 300 bucks a month to lease them. $10 a day, right? So imagine, you know, a good part of building a house is the labor. Imagine if that labor goes towards zero. And imagine if instead of living in downtown LA or you know, local LA ecosystem here, you live out further out where in fact, you know, land is more affordable and you build a beautiful home there for a fraction of the cost. And then you can, you know, use your Waymo or Cybercap to come into town. We're going to start to see a number of the flying car companies, Archer Aviation and Joby Aviation, for the cost of an Uber X take you point A to point B in record time. Or you can just use, you know, Starlink to telecommute in. So we're going to start to see life changing a significant amount. The best education in the world isn't going to be in the classroom. It's not going to be, you know, in the university campus. I mean, I think physical education is important point for human to human connectivity. But to actually learn something, your AI is going to know your abilities, knows how you like to learn. Is it verbal, is it visual, is it by example, what's your favorite color, your favorite movie star, and start teaching you in ways that really matter to you. So we're going to see a revolution, education so where do we spend the most money today? We spend it in health. We spend it in education. We spend it in. In, you know, a diagnostician, you know, being diagnosed will be. We know this already. The best diagnosticians, the best diagnosis is coming from an AI. It's not coming from a human doctor. Another thing I spoke to Elon about, I said, when will the optimist robot be better than any surgeon? His prediction was three years, which sounds insane. Let's say it's five years from now. And I do think that's. That's the case. All of a sudden, if you need surgery, which can bankrupt people, right, and you want to go find the best surgeon, it's the surgeon who's done it the most. You know, anybody else? The number of surgeries you've done and seen, you know, is your level of being able to say, oh, I recognize that from last time. Well, these robots all share their same memory. And so imagine if your cost of surgery is the capex and electricity and like, you know, dollars per hour.
Tom Bilyeu
That's where. So I want to pause you there. That's where I think people need to really start to build a mental map of what AI is. So I don't think people fully understand that the reason things are expensive is because they refuse to work for free. This is like one thing that I am just desperate to get people to understand. When they look at something and it's expensive and they think, those greedy capitalists, it's like, hold on. Like the. There are people that if we could get them to work for free, like, everything would be much less expensive. So ultimately, we are all the problem that we refuse to work for free for obvious reasons. But AI is that. So AI works for food, essentially, that food energy. Exactly. And so since they are falling from the sky, from the sun for free, we just don't know how to capture them. As we get good at capturing them, the cost of feeding them goes to zero. And then once you make that first round of robots, if they're free to feed, then their labor essentially becomes free once they can start using that energy to go harvest the next round of resources to build the next round of robots. And so energy costs go to zero, labor costs go to zero. And now you can basically have anything you want. Now, if people begin to understand it like that, they've got that first brick of how to predict where this goes. They'll also start to get a sense of some of the dangers. And we'll get into that in a second. But okay, that's why this stuff becomes cheap or free, then the next layer becomes they have a hive mind. And so unlike a human that has to go to school forever, you can literally just download into that surgeon that just came off the line every surgery that's ever been performed by that company. And, and it could start a surgery and get smarter in the middle of the surgery based on a thousand other similar surgeries that are happening at the same time around the world. But reporting back, I worry that part of what traps people in the fear cycle, part of what will they'll have to still cross a fear chasm, but part of what stops most people is that they just don't have a mental model for what's actually happening. So as you think through where we are now and where we're trying to get to, how much of it is a blind optimism and how much of it is projecting what the actual technology will become?
Peter Diamandis
So I wrote my first book, Abundance the Future is better than you think back 14 years ago, 2012. And it was a extrapolation of what I saw. That technology is the force that takes whatever was scarce and makes it abundant over and over again. Like you said, we are bathed in 8,000 times more energy from the sun on this planet than we use as a species, right? Massive amount of energy. It's just not in a usable form. And of course, advances in solar and batteries, perovskite, all of that has made it more and more usable. And we just crossed the point at which solar and wind is now producing more energy on Earth than natural gas. Whoa. Right. We crossed more than coal a while ago. And so it's effectively God given energy that we can mine and utilize. The data is, I think, is incontrovertible. That intelligence. Well, first of all, let's just make the statement that intelligence is what differentiates us on this planet from we're not the fastest, we're not the strongest, we're arguably, hopefully the most intelligent. And intelligence as a service has just been skyrocketing. And so that what can that intelligence do? We each now have access to the best therapists, the best coaches, the best educators, the best physicians for free on these services.
Tom Bilyeu
Let me push you on that. So one, I would say, and this is what made me want to start with artificial general intelligence, I would say that what humans can do is distinctly different than what AI can do. So AI is a phenomenal pattern recognition machine, but definitely seems primarily, not exclusively, but primarily to be backwards looking at what is my training data. We're starting to see glimpses of the novel mathematics that you were talking about, where they are generalizing away from the training data. It's not a lot yet they fall apart as you try to generalize too far. We. Whereas a human can do that, I can take you in, describe tennis, you can play tennis, or at least explain it. I can take you over to wash dishes, teach you how to do that really fast, take you, teach you how to play a video game. The data that a human needs to learn those patterns is very small. But AI, it's massive.
Peter Diamandis
It is. But what we've Also seen is AI learning by self play. Right. This is what DeepMind did in, in learning go. The first time that it won against Lisa Doll, the GO champion. It was basically trained on all the GO games it could get, and that was training on data that existed the next time. They created something called AlphaZero, which was where the AI was playing against itself and learning the rules on its own. Right. So if you. And they did this, DeepMind did this in the video game world where it just played and played and played and played and it, it deduced the rules as it went along and it learned how to play the game of GO or video games at a level far beyond any human because the training data didn't exist there. It, it created the training data by just playing countless games itself. And so one thing that AI can do is, is run billions of times and learn in areas of the knowledge graph that was never explored before. Does that make sense?
Tom Bilyeu
It does, and that makes sense when there's something that has very specific rules that are somehow testable. So it'll certainly be interesting to see if we can have novel breakthroughs in.
Peter Diamandis
But this is what, this was used in the recent breakthroughs in the Erdos models by, in the what models? It's a set of the Erdos problems. A set of. Yeah, Erd umlat Os. Anyway, a set of the most difficult mathematical problems that had not been solved. And so the model just went in. I forget if it was anthropics or open AIs, just went in and started exploring crazy ideas. And out of one of those crazy ideas came a solution. And it was like if you look at what its inner thinking, which you can now look at, it said this has never been tried. It's a crazy idea, but let me try it. And it worked.
Tom Bilyeu
So, so let me ask really pointedly, are you saying that no new breakthroughs are needed for AI to get to super intelligence, or do you think that there is going to be some human supplied novel restructuring of data centers or whatever that will be required for it.
Peter Diamandis
We're going to find out. So Demis, again, I can only go back to the guys who are the OGs in this field. Right. And Demis recently said that while he thought there need be a dozen breakthroughs before he got to AGI, he recently said, I think we're there or need one breakthrough. And you know, his belief, Elon's belief, Sam Altman's belief is we're there in the next couple of years.
Tom Bilyeu
Are any of them giving indications what the gap is like? Why don't we have it today?
Peter Diamandis
I think one of the areas that they are looking for is continual self learning, where after you train them, model, it's continuing. It's able to continually train itself and learn more.
Tom Bilyeu
It's not happening right now.
Peter Diamandis
There is a lot of work going in that direction. But here's the question. I think it's important for folks to say, okay, if this does happen, if we do achieve AGI and some friends believe we're there right now, but the outside right now is the next two years. And if we do achieve AGI, Right. Artificial general intelligence was the point at which an AI is able to do anything as well or better than a human. Then what does the world look like? And are you getting ready for that world? Right. I think that's an important conversation. And so what do you do in that regard? And I think the number one thing people need to do is self educate. And it's the most, it's the easiest thing ever than any time ever in human history to sit down. And I do this as often as I can. If I'm listening to a podcast and someone says something interesting, I'll go to ChatGPT or I'll go to Anthropic or Gemini, and I'll go in the voice mode and have a conversation and say, what does that mean? And then what does that mean? And can you give me an example? And my favorite is teach it to me like I'm 5 years old and go down the rabbit hole and self educate. Because you can for free, at a level like never before.
Tom Bilyeu
We're hitting pause for a moment, but there's plenty more ahead, so don't go anywhere. Let's talk about why selling online marketplaces feels so broken today. 20 years ago, you were selling to a person. You knew them, you knew what they liked, you could set things aside for them. But the algorithm has flattened all, all of that out. Now you're just a listing in a sea of listings Competing on price, hoping someone scrolls past at the right second. The person to person model might be dead, but Whatnot is making shopping great again. Whatnot is the largest live shopping marketplace in the country. Sellers go live, show their products in real time, take questions, and build real relationships with buyers. Sellers on whatnot move 10 times more product than on other major marketplaces. And the number of people making over a million dollars a year on this platform has doubled. Buyers spend more than an hour a day in the app. That's not just random browsing, that is people developing a real relationship with the app. Beauty, collectibles, electronics, luxury, fashion, even cookies. Every category. Real businesses are being built in real time on Whatnot. Download the Whatnot app today and get free shipping on your first order. Just search wh a t n o t whatnot in the app Store and start scoring amazing deals right now. This is the story of the one. The one who keeps multiple buildings running
Peter Diamandis
smoothly day after day.
Tom Bilyeu
Plumbing that flows, H Vac that hums. Cleaning supplies that keep surfaces sparkling.
Peter Diamandis
That's why she counts on Grainger. With easy reordering online and 24.
Tom Bilyeu
7 support, Grainger helps her keep the products she needs on hand so shelves
Peter Diamandis
stay stocked and buildings stay ready.
Tom Bilyeu
Call 1-800-GRAINGER, click grainger.com or just stop by Grainger for the ones who get it done.
Peter Diamandis
Dish has been connecting communities like yours for the last 45 years, providing the
Tom Bilyeu
TV you love at a price you can trust.
Peter Diamandis
Watch live sports news and the latest movies, plus your favorite streaming apps, all in one place. Switch to DISH today and lock in the lowest price in satellite TV starting at 89.99amonth with our two year price guarantee. Call 888-@dish or visit dish.com today.
Tom Bilyeu
Thanks for sticking around. Let's get right back into the action. Okay, so how do people begin to point themselves to the right thing? Like when you're talking, I hear if you already have curiosity, if you already have a certain level of intelligence and tenacity, like this is going to be an exciting time for you because you'll be able to go learn this stuff. But what does it look like for somebody who is more prone to work with their hands, is looking at robotics and worried they're getting replaced? They don't have that sort of endless curiosity. There's a thing they know how to do and they want to go do that thing. And the world used to have a lane for them. But it feels like to me, there's a debate as to whether who's about to get wiped off. First the white collar people or blue collar people. Now blue collar people, I would say have a benefit that robotics is not yet able to do the physical things that they're able to do. But once it can, if they don't have the like intellectual desire to adapt and go in a different direction, then they're going to be in real trouble.
Peter Diamandis
Okay, two separate points here. Number one, I think there are two mindsets that are important, that are critically important right now. The first one is a purpose driven mindset, right? And we've talked about purpose a lot. It's, it's dear and near and dear to my heart. You know, my favorite Mark Twain quote is two important days in your life. The day you were born, the day you find out why. So trying to connect with your purpose. And for me, it's a thing that wakes you up in the morning, keeps you going through the day, keeps you going at night. Your purpose could be your kids, it could be learning new skill, it could be anything. But if you can connect with your purpose, that's the first mindset. The second is a curiosity mindset. It's willing to ask and to dive in. And if you've got, if you can hone those two mindsets, I think those are, those are what are going to enable you to survive and thrive in this decade ahead.
Tom Bilyeu
What I'm trying to figure out is I think there are some people that they have a skill set that is deployable now, but they feel like they're on a ticking clock.
Peter Diamandis
So the second thing is, you know, I think we're going to move to robots doing a lot of the work and people directing them. I, you know, we've seen this in the farming industry, we've seen this in the manufacturing industry where humans are still in the loop overseeing and directing. I don't think we're going to see things with human labor eliminated without those people moving up a level. So, you know, imagine a world in which, yes, if you're displaced, instead you think about those robots or those AI models working for you at your direction. What do you want them to do?
Tom Bilyeu
We both know that there is a chasm that has to be crossed as this gets deployed, that people are going to panic as they start seeing robots on the street. We're already seeing some of that backlash. Now. You've got people trying to stop data centers being built. They will attack it for environmental reasons. But I don't think it has anything to do with that. I think it has to do with fear of the world is going to change too much. I may be irrelevant in the new world. When you start thinking about dealing with that, do you just go, oh, no, no, no. Everybody moves up a level. There's going to be plenty for everybody. A whole bunch of new companies, smaller companies, but a whole bunch, everyone's going to be fine? Or do you grant me that there will be a group of people either because they are unwilling or unable to adapt, that will be left out and they are going to come banging on doors?
Peter Diamandis
I, I, I do grant you that and I do agree. And so I think we're going to have a period of social unrest as a result of that. Right. And I think it's going to be younger individuals who don't get a job and are like, you know, the American dream has been slayed by you guys. Right. We saw that with Sam Altman's fire, you know, Molotov cocktail and a number of other activities. And there's AI extremism going on right now. Reported the FBI is tracking this and it's more than, it's a growing amount of concern, meaning like terrorist attacks against data centers. So what do we do? I think if this plays out, and again I said it's a murky future, but if the data shows that in fact the layoffs are real people, the hiring freezes are real and people are not getting jobs, what do we do? I think the government has one knob to turn and that is the equivalent of COVID checks. I think the government will start printing money. My prediction is inside of two years, we'll start to see probably not at 1,000 bucks a month like Covid, but probably $3,000 for a significant number of the population where they're getting money at a level which enables them to survive reasonably comfortably. At the same time, we're going to start to see the cost of things beginning to fall. Healthcare is ridiculous priced right now and it's going to be massive disruption in healthcare costs. Education is ridiculous right now, especially if you've seen the numbers. But colleges are beginning to go, you know, bankrupt because I spent $200,000 getting a degree and I can't get a job. Screw you. Right?
Tom Bilyeu
So I'm not paying my debt.
Peter Diamandis
I'm not paying my debt and this is ridiculous. And so we're going to, I believe, start to see these UBI like payments coming. And I think the argument that Elon makes is that at that level, what you're going to be able to afford with that amount of money is going to start to increase more and More. I gave the example of, you know, transport five times cheaper, and, you know, the poorest people are being chauffeured around an autonomous vehicle where, in fact, your healthcare is cheaper, your education is cheaper, your entertainment has gotten significantly, you know, Netflix. I was just on the phone with Reed Hastings talking about this, you know, Netflix, you know, democratized and demonetized Access Entertainment and YouTube, the ultimate, you know, provider.
Tom Bilyeu
Okay, so the French Revolution wasn't started by a bunch of poor people. It was started by overproduced elites that were sitting around, had just enough money to not need to work. And so they started cutting people's heads off. That is legitimately my fear is, I agree. Universal basic income, universal high income, none of it will. It will create a new derangement. It will solve one problem. People aren't going to starve, but it will create a secondary problem, which is I now have no meaning and purpose. There will be a very large portion of people that do not know how to metabolize that intellectually. And so they will act out on their emotions. And just like Covid was like mass protests and riots, I think you're gonna see something similar.
Peter Diamandis
I agree with you.
Tom Bilyeu
What do we do with that? Because if our big punchline is UBI forever, and we know that UBI has a deranging effect, this no longer is about just crossing the chasm. It's about a forever thing.
Peter Diamandis
It's about reinventing society as a whole. Right. So I wrote a substack on. I called the five major forks, the speciation of humanity, the five choices you're going to make forward. And the first one is, are you a consumer or a creator? So this incredible capabilities coming our way effectively, for free. You're going to be someone who's sitting on the couch, your optimus robot is bringing you a beer, and you're consuming some spun up version of a Netflix show that stars you and your friends. And you're just a consumer kicking back and consuming. The other side is, are you a creator? Are you using these incredible technologies to create something of value? Is it Wall E or Star Trek? So I think that's one of the divisions we're going to start to see. The only solution I see when I was interviewing Elon, I said, you know, he said something like, we're going to see social unrest and universal high income. I said both? He said, yes, both. Yep. And he's a very smart guy. So how do we deal with this? I think part of it is going to be societal expectations and restructuring. Doesn't come overnight. So what does that look like?
Tom Bilyeu
Is that a cultural phenomenon or is that police?
Peter Diamandis
I think. Or more what police? I think it's more police and UBI checks in the beginning to try and quell and control. I think ultimately it's resetting people's expectations. I put a lot of blame on school systems right now. Schools are not preparing our kids for the future, neither at high school or at college. And I think we need to start thinking about what is it? How do we re envision life in this post AGI world? Because it's coming. Not a matter of if, it's a matter of when. Is it one year, two years, three years, four years?
Tom Bilyeu
Why don't we just regulate the life out of this?
Peter Diamandis
Because I don't think it's regulatable. It might be here in the us it won't be in China.
Tom Bilyeu
Well, let's at least do it in
Peter Diamandis
the U.S. okay, if we do that, then we are starting to cut back on all the benefits we get. Will we get, you know, all diseases eliminated? Will we get doubling the human health span? Will we get access to free education and free health care? Right. As soon as we start to regulate stuff and slow it down, we start to get diminishing returns on this potential future. You know, last week there was supposed to be an executive order that Trump put to have the government evaluate all models before they were published for safety. And it was killed an hour before it was signed because we didn't want to slow down the AI progression. You know, I'm reminded of, of, I think it was Oppenheimer's quote. You know, once we started working on the nuclear bomb and the scientific inquisitiveness started, there was no way we could stop.
Tom Bilyeu
Yeah. I try to remind people all the time, when they did the first nuclear test, they said there was a non zero chance that they light the entire atmosphere on fire and kill everything.
Peter Diamandis
Yes.
Tom Bilyeu
And they still did it.
Peter Diamandis
Yeah.
Tom Bilyeu
And I thought, yeah, any technology that promises an advantage will get developed no matter what the potential consequences.
Peter Diamandis
You know, the other argument that's made loudly is the US versus China. Right. If China gets to AGI and ASI first, will they basically promulgate the Chinese communist strategies globally? I want to go back to what I said a minute ago, that we're on the verge of solving everything. I wrote a paper, it's@solve everything.org looking at how we do that, solving physics, chemistry, biology, material sciences. These technologies are going to enable us to deal with the existential threats as a species. Everything from climate change to, you know, lack of enough energy, lack of enough health care, you know, it's fine in the US to think about, let's slow it down, let you know it's okay, we have the luxury of that. But for the rest of the world who are living on the, you know, in abject squalor in the favelas in Brazil, these technologies are going to enable the breakthroughs to up level every man, woman and child on the planet.
Tom Bilyeu
Is that though a moral argument? Because they don't have the technical wherewithal.
Peter Diamandis
It will not come from there, it will come from the labs here.
Tom Bilyeu
I really believe that in the next two to three years you are going to have a cacophony of voices absolutely. Demanding that we cease developing AI. Sure, you will have people. The terrorist extremism that feels like it's on the fringes right now, aimed at AI will become very supported and you will see more and more attacks on our data centers. You'll see homegrown drone attacks on our own data centers like that. You just count on that. And so as that happens, we've got to make an appeal to people to say, hey, listen, this is why we need to keep going. And so that's what I hear there is. We have a moral obligation to the rest of the world who does not have our level of technology, wealth, abundance, all of that. And so this technology needs to be made to help them. Is that how you mean it?
Peter Diamandis
That. That is how I mean it. But there's also the benefits. To hear us here in America to those who are listening from US soil, it's. I want you to imagine that your family has extraordinary healthcare breakthroughs, that your family has access to the best education in the world, that the world becomes automatical for you. I define automatical as, you know, I think we're going to end up probably in the next two years where we have what I call ambient AI. AI is in your environment. You give it permission to listen to all your conversations, read your emails. So I run an AI called Skippy, named after an AI, one of my favorite science fiction books. And it's an open claw on top of two Mac studios. And I've given SCPI access to my WhatsApp, my iMessages, my email, my calendar, every. Please, not your credit cards, not my credit cards. Well, it has a limited credit card access, but it also has access to every conversation I've recorded on granola. When I do a zoom call, all of it's there. It knows what's going on. In my life and its ability to help me is extraordinary. Its ability to recall some conversation I had with somebody or its ability to help me take some materials and synthesize it. Its ability to like, oh, this email you didn't respond to is critical. I've got a draft for you, do you want to send it? We're going to see ambient AI so let me take it a step further. Within the next two years, you know, you're in your home and you're about to have lunch. Your AI is taking all of your biometric data and it says you need some more water, you need some more vitamin D, you need some more protein. It's able to understand what food is best for your health. If you turn on health coach and you're going someplace, it says, hey, take the stairs instead of the elevator over there, right? Or one of my favorite examples I use is you're at breakfast with your family, you stand up from the table, you're heading towards the front door, your AI knows you where you're going next and it's pulled up a cyber cab in front of your home. Instantly it knows you didn't get good sleep last night. So it's got a cyber cab with a lie down bed in it so you can get a nap to your next location. The world starts adapting itself to you in a, in a beautiful fashion and these things become effectively free and available to everybody. You know, this is a future we're rocketing towards. Not, not, you know, maybe, you know, I've said before if we stopped AI where it is today, it would still be amazing, right? That it's, it's incredible capability.
Tom Bilyeu
How amazing though are we talking? We're still going to hit escape velocity, longevity escape velocity or.
Peter Diamandis
No, we're not going to. We're, we need to go further to get curing of all disease and extending the health span by significant amount and you know, solving the environmental problems, enabling fusion, right? Enabling new battery storage technologies. All of these things are what comes out of the next few years.
Tom Bilyeu
Do you think at all about how SO screens, social media, all of that had a deranging effect? I still think it's a net positive, but there, there is a now looking backwards knowable deranging effect that especially parents need to protect their kids from. Is there a knowable deranging effect to AI?
Peter Diamandis
I think there is. I think it's a loss of critical thinking.
Tom Bilyeu
People just become a pair of hands to them.
Peter Diamandis
Well, people become lazy, right? And I think one of you need to be purpose driven. You need to have bigger ambition. So in the education space, you know, my, my kids are going to ninth grade and the head of school at Brentwood is amazing and I'm so happy the kids are going to. I'm so proud of his vision of helping kids learn AI tools, learn entrepreneurship, learn mindset, learn all these fundamentals that is important for the decade ahead. But it's not like that at most schools. And most schools right now see AI as something they don't want to allow. And I agree, if you're using AI in 9th grade to do 9th grade homework, it's a waste. But if you're using AI in ninth grade to design starships to go to Alpha Centauri, that's amazing.
Tom Bilyeu
That's really interesting.
Peter Diamandis
Right? So it's like, how do we up level people's ambitions? That's what's possible. So I think. And it becomes from a purpose driven. And once a person has used this technology to do. To create something. Right. Again, it's the consumer versus creator to create something beyond what they thought they could do. It's addicting. It's like, wow, what else could I do?
Tom Bilyeu
Okay, so going back to this stabilizing, we've got a lot of cool things that are on the table, but we have to stabilize society. I live in deep abiding fear of the government. I think anything that gives the government the impulse to get bigger is legitimately terrifying. I'm a super positive, very optimistic guy. I'm just making contact with ground reality and I'm looking back at history and going, this goes wrong. Not most of the time, every time. And the reset button, as people think about it, is always hit because the government has gotten too big. They're just money printing everything. So Bernie Sanders put forward a proposal that would give 50% ownership to the public of the AI companies. What say you?
Peter Diamandis
I think it's massively overreaching. I do believe that one. So one of the questions, if we're doing $3,000 checks right, and we're printing more money, where does that money come from? All right. Are we just going to inflate the dollar like we did during COVID The answer is in the early days probably yes. But there is an argument to be made. Are you familiar with a permanent fund in Alaska? No.
Tom Bilyeu
I assume tied to oil?
Peter Diamandis
Yeah. So everyone who lives in Alaska, because oil is a native resource for Alaskans, all of them, they get a check every year, which is a dividend from the oil sales by the state of Alaska. Sovereign wealth. Exactly. So there is an argument to be made that the Frontier Labs, the hyperscalers that are building on US soil, using US energy, using US resources and talent and so forth, that some amount of their income could be redistributed. And, and listen, I'm a, I'm a libertarian capitalist. The idea of socialism, you know, I have a very negative reaction to it. But I do think that the Frontier Labs and the hyperscalers are the going to be the target and they need to do something that is going to quell and support the populace. And there needs to be a mechanism by which the populace has capital with which to buy goods and services. And not everyone's going to want to be an entrepreneur. There's some fraction and I think it's larger than most people believe. I think a lot of people could be entrepreneurs if they tried. So 50% is way off, off base for me. Is it 5%, 10%? I think there's an argument made in that, in that realm, the thing that
Tom Bilyeu
scares me to death in practice. I get where you're going and I think they're the problem that will have to be solved for with that people are going to need to be able to eat. If AI, and this is already a big if. This is already like AI superintelligence and all of that, if AI does replace jobs and everything becomes abundant, then I think we for sure have to do something to make sure that people are eating and they're, you know, not falling apart. But the incentive structure will become so weird so fast that there are dangers that I worry about. Let me paint a scenario. If you tell the AI companies, hey, by the way, we're putting this bill up and we're going to vote on it and it's going to give us a distressing percentage of ownership in your company that's just going to accelerate launching out into space, data centers in space, they go up into space, they create some sort of Monaco where it's a
Peter Diamandis
tiny country and they reincorporate there.
Tom Bilyeu
Correct. And they will get around that in some way. And so for me, this is. I'm not a libertarian, so I want to see government, but I want that government to have the impulse to be ridiculously small. And that's where I think getting a scenario where people are incentivized to do something with their time and energy somehow, some way. And that's the part that I don't have an easy solution for. But there needs to be a lot of cultural pressure, if nothing else, for people to spend their time wisely contributing to the group, like we still have all these algorithms that are running in our head that give us the sense of meaning and purpose. You even said it earlier, to do something. Passion is where your purpose is, where you're doing something, you're contributing. So there's going to need to be some element of that that will not be solved by taxing, by spreading ownership like those things.
Peter Diamandis
Agreed. I also think that in the final result, this UBI version at 3,000 bucks a month is, you know, a reasonable, comfortable life. Enough food, electricity, access to, you know, WI fi and so forth. It's not going to be an amazing life. Right. So I think there needs to be and people need to have the ambition to do and work and contribute to up level their abilities. And I think that's true for everybody today. Still, you know, people who are, you know, getting by and okay with that and are not, you know, trying to go and get a degree or learn new skills, they're comfortable where they are. And I think part of it is opportunity and I recognize that everybody has the same opportunity. And part of it is, you know, it's good enough. It's mindset in that regard. You know, I wrote this book, book Abundance, the follow on to abundance we are as gods and it's titled A Survival Guide for the Age of Abundance. The book I wrote 2012 with Steven Kotler laid out the thesis of abundance. That technology transforms everything from scarce to abundance over and over again. Food, water, energy, healthcare, education. In the back of the book we've got 100 charts showing what's occurred over the last century, the last 20 years. And it's up and to the right and it's amazing. But we take it for granted, right? We just, every time something happens, it's amazing. It's like, oh, that was yesterday, what he got from you lately. And we wrote this book to con to look at what's happened over the last 12 years. And the realization is that we are godlike in our abilities. You know, your life today, what you did between breakfast and lunch would be considered godlike by your grandparents or even your parents, right? The ability to communicate in video anywhere
Tom Bilyeu
on the side of the planet for free in 1985.
Peter Diamandis
Yeah, exactly. And so, you know, omniscience, omnipotence, omnipresence, all of these things. There's also been a set of downsides on abundance. Abundance of microplastics and carbon and obesity, calories and depression, which have been the downside of that. The second half of the book we talk about how do you how do you navigate these next decades? And I think the only thing we can control is our mindset. Right. And what mindsets are important for navigating this next decade? And I go back to, you know, a purpose driven mindset and a curiosity mindset as two of the core elements there.
Tom Bilyeu
Let me see if I can black pill you.
Peter Diamandis
Well, let me. Let me see one more thing.
Tom Bilyeu
Yeah.
Peter Diamandis
If, you know, another part of it is agency. Right. If you believe AI is happening to you instead of for you, you're back on your haunches and you're in a world of hurt if you can flip your mindset. Like, I'm going to make a. I'm going to make use of this incredible capabilities to learn and to explore. I'll give you an example. I was in Morocco with my family last month for a vacation, and we were in this remote village and the hotel recommended do you want to tour on E bikes? And so this young Moroccan entrepreneur shows up with 4e bikes and we go on a tour of the city and we go into the countryside. We stop at his home for a Moroccan tea. And I say, how did you come up with this idea of E bikes? And he goes, it was in a conversation with Chatgpt. I'd come back, I couldn't find a job. And I got on and I said, these are my skills. This is where I live. This is what I do. This is what I've done in the past. What ideas do you have for me? And one of the ideas was, you know, being a tour guide and why don't you make it with something special like an E bike? And he took that idea and he ran with it. I was so impressed. I said, like, how many of these do you do a day? And he goes, two a day. And I'm making a great living, far better than my friends. So this idea that you can explore ideas and then develop the marketing plan for the ideas and then learn how to upsize your idea, I think that's incredible. Superpower. Okay, now black pill me.
Tom Bilyeu
All right, So I agree with all of that. The only caveat is I believe that it is irrefutable that humans do not have free will, that we are. Have you read Sapolsky's book Determined?
Peter Diamandis
No.
Tom Bilyeu
It's utterly fascinating. It would be very interesting to.
Peter Diamandis
I will add that to my list.
Tom Bilyeu
Yeah, yeah, it's well worth reading. And he goes into everything down to like, quantum fluctuations. And that does not help you in any way, shape or form with free will. I just did a deep dive on this coming out tomorrow, by the way. Enjoyed, everybody.
Peter Diamandis
Okay.
Tom Bilyeu
And given that, I think that so one the most interesting thing about being a determined creature living in a stochastically deterministic universe is that you are changed by ideas. We do evolve over time. One of the algorithms that we have running in our minds is for adaptation. And so putting out ideas is incredibly meaningful and purpose driven because you know that you will impact people. However, what we end up having to do is we have to accept that there are going to be people that won't change.
Peter Diamandis
And I think that's part of fundamental human nature. People like going to sleep, waking up in the morning and knowing the world that's exactly the was the night before, even if they're in pain.
Tom Bilyeu
But that's what they like. What I'm trying to get to is there has been a structure from time immemorial which was staying alive is hard. Once staying alive becomes easy, I think we have a whole host of problems because we have a species that is deterministic and some people are not going to adapt to the change now. They're going to have unlimited ish resources and they're going to spiral. And so where I want to see how much people are thinking through, like what are the containers that we can put people back inside of. And one of the containers, of course would be religion. I don't think that's going to be your new container, but that is a container that has certainly told people, hey, you now free time. Correct. But like there's a magical guy in the sky and he's watching and if you don't do these things and be a good person, you're going to go to hell forever. And so you get people to behave a certain way.
Peter Diamandis
Guide rails. Correct.
Tom Bilyeu
Now you've talked about society basically having these different tracks that it's going to break into these different paths. And I would love to see if that idea of this pathing has taken this into consideration intuitively that there are just going to be some people that go down this way, they're going to be some people that go down this way, so on and so forth.
Peter Diamandis
I would like to believe that it's not determined deterministic in that regard.
Tom Bilyeu
Interesting. As a man of science, where is free will hiding?
Peter Diamandis
I don't have an answer for you. I would, I would say that we are constantly in a set of superposition futures.
Tom Bilyeu
Yep. Do we reach into those superpositions consciously and choose or do they just finally wave collapse?
Peter Diamandis
And now we're going to, I think that we can collapse a particular future by virtue of our mindset and by virtue of our actions. I don't believe that that future is determined. I talk about the notion that we have two paths ahead, a Star Trek future and a Terminator future. And we're in superposition there. And I think it's extremely important that we are focusing on the future we want to manifest. In this regard. I do believe that the way you think about your future, you know, you're, you know, typically you. If you know, if you believe you can, you believe you can't. You're right. And I think quantum. I'm going to read the book. I think quantum in my mind enables that level of, of variability and, and, and being able to go down a particular, down a particular path.
Tom Bilyeu
That's it for part one. Make sure you are subscribed so you do not miss part part two. Coming up soon. Let's talk about a pattern that is guaranteed to be killing your progress. You know what you need to do. You need consistent nutrition. We all do. You need vitamins, probiotics, greens. We all know that we should be doing more of it. When your morning gets chaotic, you skip it. When you travel, you skip it. When your routine breaks, everything tends to break. And that inconsistency compounds against you every single day. AG1 is designed to solve the execution problem. One scoop 8 ounces of water and you're done. You're getting 75 plus ingredients, vitamins and minerals, pre and probiotics, nutrient dense superfoods. Everything that used to require six, seven different supplements and perfect planning now happens in one drink that takes about 30 seconds to make. Right now, AG1 is giving you $87 worth of free gifts. With your first subscription. You get a welcome kit, travel packs, vitamin D3 plus K2 and flavor samples. Click the link in the show notes or visit drinkag1.comimpact to claim this offer. Grainger knows.
Peter Diamandis
When you're a procurement manager for an
Tom Bilyeu
office park, you're not managing one building, you're managing all of them. And to stay ahead, you need to see through walls and around corners. Lights about to fail, Filters ready to clog. H Vac on its last leg. If you wait until something breaks, you're already behind. Count on Grainger for quality products, easy reordering and 24. 7 support. Call 1-800-GRAINGER, click grainger.com or just stop by Grainger for the ones who get it done,
Guest: Peter Diamandis
Host: Tom Bilyeu
Date: June 11, 2026
This episode of Impact Theory dives deep into the disruptive rise of Artificial General Intelligence (AGI) as Peter Diamandis joins Tom Bilyeu to explore a transforming world. Together, they analyze the practical, economic, and philosophical consequences of rapid AI breakthroughs—arguing that AGI is here or nearly here, and society is utterly unprepared. The discussion covers the collapse of the traditional “social contract,” job and economic turbulence, psychological adaptation, social unrest risk, and the profound abundance AI could make possible.
On New Opportunity:
On Job Loss & Adaptation:
On Technology’s Upside:
On Abundance and Automation:
On Mindset & Agency:
On Universal Basic Income (UBI):
On Education's Failure:
On the Value of Purpose:
For listeners seeking to thrive in AGI’s era: build your agency, cultivate curiosity, find your purpose, and create—don’t just consume.