Bradley Tusk on OpenAI Governance, 2024 Politics, Obvious In Hindsight & More
Channel: Alex Kantrowitz
Published at: 2023-11-22
YouTube video id: oJpCRsWpB1Y
Source: https://www.youtube.com/watch?v=oJpCRsWpB1Y
hey YouTube how's it going we're going to continue with our daily coverage of open AI the big shakeup and then we'll also cover some new topics we have exactly the right guest for you today Bradley Tusk is here he's the founder of Tusk Ventures and he's the author of the new book obvious and hindsight it's a novel he writing about a novel about uh the tech world and regulation it almost feels like um can you make the Fiction more exciting than the non-fiction right now we'll find out welcome to show Bradley yeah art and life kind of keep imitating each other in really weird ways so yeah they're converging quite nice great so congrat first of all congrats on writing the book we'll talk about it more sure um let's talk about some of the real life drama that's going on right now you know right before we started this conversation I thought is there a better person to have discuss open AI than someone who's a VC who also works on regulation and tricky gun governance issues and I decided no that you are the perfect person to discuss this glad to be that tell me what you think about the makeup of the open AI board and where do you think this is headed yeah I mean look it it in retrospect in in in hindsight it was sort of destined to fail right um in the sense that there's got to be alignment between board members with investors shareholders and employees and when the board members think their job is one thing and everyone else thinks their job is something else clearly there there's going to be friction and to the point here there was enough friction obviously the board took the extraordinary step of firing Sam Alman um I think that all that really ends up coming of it is people realizing kind of how nonsensical this structure was in the first place the nonprofit board being removed and eliminated and Sam either back at the company in full or overse seeing it for Microsoft or um whatever it is but but to me okay this is in some ways a very fun because it's such a Hot Topic and so unique but but oneoff situation but what about BPS you know so where you do have these governance structures that are supposed to be having these dual missions of furthering some sort of specific public good that the company says they're committed to and representing the interest of investors shareholders employees and everything else um and I just started to wonder whether we're not you know at similar risk for some of these problems happening there too because if you have what are effectively independent board members with their own ideological views and agenda and if they think that their job is to further that and clearly the open AI board members believe that I think they were wrong but they certainly believed it um why wouldn't these problems reoccur and be Corp as well wasn't the money I mean talk about you could talk about the structure till you know we're blue in the face but didn't the money basically compromise this Mission from the beginning like if you get 13 billion in funding from one investor Microsoft even if that a lot of that is in Azure credits right like how could you you possibly you know they're one of the biggest publicly traded companies in the world how could you possibly do that and look yourself in the in the face in the mirror and say you know what we're still going to be you know uh sticking with this mission of um you know advancing artificial general intelligence in a safe way like doesn't that go out the window the minute that check is cut yeah I mean look it doesn't mean that every company has to then operate in a way that maximizes profits at the expensive safety you can make a choice to say we need AI to advance and be regulated in a responsible way for the industry to succeed long term for the good of our investors so that's a reasonable position to take but yeah I mean what they should have done is said this is a potentially is massive business and we're going to establish the open AI foundation and that's our nonprofit arm and that'll have its own board and they will get a certain amount of you know revenue or proceeds whatever is every year and they can spend it on responsible a governance and things like that that would have been a much more logical approach um having the nonprofit board running a for-profit company um ended up being the is the AI field actually all cracked up to be if companies are working on this need to raise that magnitude of money I mean there was a Washington Post report that talked a little bit about how another thing that Sam was working on was potentially raising some money from some Sovereign wealth funds in the Middle East and they were concerned that it would be used this money would end up you know helping build AI that would be used for surveillance and population control what do you think about that I mean first of all that's certainly possible um you know I assume that like most Technologies it's very expensive to the beginning especially when it's transformational technology and as the large language models get built and perfected and everything else um the cost ultimately goes down but even now I I really in the way that we look at investing we separate out generative AI from AI broad right so we're not gender of AI investors we don't have any po expertise in that space But most of my portfolio companies are using AI in some form to do their job now I don't consider them AI companies like consider them digital Health companies or legal tech companies or whatever they might be um but AI has become a fairly commonplace tool um for most tech companies now to use in some fashion so that's really the broad-based application of it know chat GPT or whatever else it is is sort of a cool quirky thing and maybe will end up being really meaningful maybe it won't um but the vast majority is it's a tool it's higher computer processing just like Quantum computing will be just like blockchain is a tool that makes sense for some companies to use and everything else exactly so what have your VC friends been saying in your group chats about this is is this going to lead to a change in the way that they do business outside of the oh my God what happened stuff right no I mean I I think again because it was so weird and unique and you've got like every buzzword right Sam alman's really famous micros soft you know artificial intelligence chat GPT like if you were writing this like you said as like a screenplay you could thrown in more sort of things that would generate excitement and attention um so look I think everyone finds the structure they had to be ridiculous everyone assumes that Sam will end up back in charge one way or another um I think the tender offer will still move forward um is it possible that the people who are buying in an 80 decide now it's only worth 60 sure as as you and I know this stuff is all very variable um but at the same time the underlying business hasn't changed one way or the other once Sam's back in control um and so I think that everyone is looking at this from two ways one is the hey this is a fun show um and it's about gossip about and everything else and then the other would be let's make sure that none of us were ever in this position and again I don't think we're ever going to be in the sense of any of us in investing in a company that's been run by a nonprofit board that's why I brought up the borp thing because I think that starts to get a little more close to reality where there are you know Warby Parker Alber Kickstarter mean there are some really legitimate companies that are B Corps that's not bad but I do think that it is worth asking the question of you know what is the responsibility of those board members to the investors because if those board members say we have no responsibility to the investors which is obviously how the open AI board members saw it um that's a problem definitely so is your prediction that Sam ends up back at open AI yes I think last time I checked there were over 700 of the 7 employees said they were leaving so yeah now again whether it's some structure where it it runs up through him through Microsoft in some way or he's the CEO I think he was back in charge one way or the other regard it's so odd that Microsoft is apparently in the situation where SA andela has basically had last second notice of this firing then tries to orchestrate a return can't in the time frame that he needs to before the Market opens goes out and tells everybody that Altman and Greg Brockman are joining Microsoft and now has come and said well maybe they'll go back to open Ai and indeed that that might be what happened a lot people stuned the bleeding he did he's a really good CEO But ultimately they've got1 13 billion in this company and they need to see a succeed right it seems like they were also just a bit too risky don't you think I mean I guess they needed this AI part of the house but it was like one hell of a bargain don't you think that to put themselves in that situation it well you kind of have to wonder what the lawyers said in the room internally at Microsoft around putting you know that kind of money you know 11 figures right into that kind of structure I assume lots of council said this is a terrible idea we can't do it this way and Microsoft said it is existential for our long-term future to be inextricably linked to AI this is the best opportunity for us to do that and we will agree to some sort of unusual structures as a result um clearly there's a regret now but I don't think they would regret making the investment the regret would only be if Sam never came back and 700 700 employees left and the company fell apart assuming that's averted and I suspect it will be um it probably works out for them but again it is hard to Envision anybody agreeing to ever invest in a structur right okay let's talk a little bit about the broader story in the US right now which is this upcoming 2024 election we're less than a year away yeah sorry as we say in politics we're in the cycle we're in the cycle yeah yeah um is this it feels crazy to me that we're going to go into this with Biden and Trump as the nominees you have Trump who obviously is uh damaged in his own way he seems to have gotten more radical since he left office he tried to overthrow the US government like very clearly yes and then you have Biden who like is just falling behind him in all these polls and people say he's too old and and there's definitely deep discomfort with the you know the the more vocal left shall we say among mainstream voters in the country what what's your view of what's happening in in the US right now and where do you think this heads yeah two things so one is from a specific election standpoint I think the polls are reflective of what people are telling the poll stairs um but we're also still pretty far off the election itself there are a bunch of variables that until we see how they play out make it very hard to make any sort of even vaguely accurate prediction around where it's going to end up so the first one being what happens in Trump's trials is he convicted of a felony if so when is it before the general election um is there a Tipping Point like with his base it seems clear that every indictment actually only makes him stronger but with Independence is there a tipping point where if you get convicted of a felony then they say okay I'm out I don't know and I my get my guess is no and there's not um but that's number one number two look Biden's certainly not going to get any younger he turned 81 yesterday but how how's he doing right um there's a world where they put him in bubble wrap keep him inside the White House and say the best thing we can do is for people to see him as little as possible and there's a world where they say we need to prove that he's a lot more vigorous and vibrant than people think and they put him out there whichever approach and strategy they use comes with its own set of risk so how are those materialized right three the economy and the perception of the economy you know it's interesting that we're at a moment right now where the at least politically the perception of the economy is more important than the reality of the economy right so you know where does inflation go does it soften and does anyone feel it enough that it changes their view um what happens to interest rates clearly U it would juice the economy and on every VC you know watching this right now it's like cut interest rates cut interest rates um because we certainly need that um but I get the sense that Powell doesn't really care what any president thinks and that's to his credit broadly speaking so where's that for the war in Israel maybe there's a ceasefire soon as today based on the reports maybe it becomes a more regional conflict maybe it becomes a global conflict right we have no idea um fif Hunter Biden you know is what happens with him is there some sort of prosecu conviction where do those Republican impeachment hearings lead um so there are so many different things that we don't even know the answers to yet um that we can analyze the race to say here's where we think it would go depending on how how any of those five or six variables play out um but you can't make an analysis without that but let me make a broader point which is just we live in a world with Incredible cognitive diss right from a statistical standpoint the world from macro level is in the best shape it's ever been right in terms of life expectancy and infinite mortality and literacy and extreme poverty and all of that and it feels worse than ever and it feels worse than ever for a few reasons one is uh because of social media we're constantly seeing what we don't have and what other people seem to have who are doing better than us that makes us anxious two everything that ever goes wrong is now news to the entire world immediately so if Cruz has an autonomous vehicle in San Francisco that crosses the long yellow line we all know about it right um and all of a sudden it's like oh autonomous taxis are terrible no they're not it's you know they're going to take time to develop um and there's so much uncertainty I think gen Z especially just feels between climate change and the impacts of covid and the psych impacts of social media you know especially fragile and upset and so as a result people want change right and they always think that it was better before so it seems to me like for example one thing the Biden team is really getting wrong in my view is they keep trying to impeach Trump on the same moral arguments and it's like we all get it he's a scumbag like every there's no one that doesn't understand that their problem is a lot of people are saying yes he is what he is but they feel like they were better off when he was president than they feel today and they're willing to make that off um and Biden's got to convince people that actually know you weren't better off and you'll be even worse off if he's put back an office um than you are right now you've got to impeach him substantively because people are always these days going to be upset with the status quo and they're always going to assume that it had to have been better before than it is now okay I want to seize on one thing that you said at the very beginning of that answer which is that Trump may be I mean he has like what three or four cases that are pening against him he might be convicted of a felony uh what do you think the chances of that happening are and if he is can he can he like still run and then win the presidency yes yes so legally he can um Eugene Debs who is a socialist candidate I think it was maybe 1924 28 um actually ran his presidential campaign from a prison cell um so he do uh I think he was just a socialist in grimel for you know probably incited violence at some protest or something okay um so yes he can and it is unclear if you take for example the Georgia election prosecution if he is the sitting president it is unclear at best whether he can be prosecuted while he's President right so the federal crime so there there's four crimes so there's kind of Espionage and treason right so that's sort of the documents case in January 6 he can pardon himself on both of those so those go away then there's the New York stormmy Daniels crime which is is pretty di Minimus I don't think not even sure he gets convicted on that one um and then and then the George election one which is serious I think they've got a good shot of convict that state that's that's that's actually County it's like uh Fulton County Georgia so um so then the question is can they can they imprison the sitting president uh for something like that I think the answer is legal Scholars seems to be saying no so I think if Trump wins he's probably in the clear from a legal standpoint at least for these actions for the term uh maybe he then has to serve prison time after that maybe he's dead by then who knows um but yeah his best shot at Freedom is winning the election exactly so we we'll see he's gonna be motivated to win okay talk a little bit about obvious in in hindsight I mean it's about this campaign to bring flying cars uh to Market you know you gave the cruise analogy so maybe we can you know talk a little bit about that cuz we've had Kyle vote on the show and I've been bullish about cruise and now I'm definitely uh uh starting to lick my wounds on that one um but I'm curious like what what uh motivated you to write the book and what's the main lesson here and before before you go I just want to say we have a nice uh crowd watching on YouTube so if you have questions for Bradley we will we will take them oh yeah hold up the book yeah smile thumbnail and now go ahead all right yeah if you have questions we'll take them so but go ahead the novel's about a campaign to legalize Fine Cars in New York LA and Austin on one side is the flying car startup and their vicious political consultants and on the other side is Uber the autobar society the Socialists the transit unions and the Russian young um and it is deliberately somewhat absurdist um but what I'm trying to show in the book is while the decisions that the VCS make the founders make the politicians make in the book are maybe a little crazy the underlying motivations that shape their decisions are exactly what happens in real life and exactly the ways that we think about all these things and I just think that if you can understand why people make the decisions they make then you have a chance of doing something about it and if you just sit there and sort of just deny reality or just wish they were better people um you can't affect anything um it came about so I wrote a Memoir a couple years ago called the fixer about kind of I've been doing in politics and Tech and you know Stephen Soderberg is he's a movie director um you know traffic Eric Brock and all that stuff oceans so he read it he said hey we should make this a TV show and I started thinking about like cool wants to make a TV show would be awesome right um what would be a little more future Focus because like all by day job all day is to leave I sort of new disruptive Technologies right so flying cars felt out there enough and I wrote a campaign plan for how I would legalize them just like we would in real life yeah um Stephen and I worked on the pilot together I wrote nine more episodes and then our big meeting to pitch it was with Apple TV from March 10th 2020 as you can imagine that didn't happen um and I decided during the pandemic like maybe I can turn this into a novel and I had no idea how to write a novel but eventually figured it out um and uh got lucky enough that somebody wanted to publish it and the cool thing is Stephen and I are now back at it again so I was in LA last week on meetings to see if we can make this a TV show that'd be great I'd love to watch the show and it does have so many parallels right because it seems like uh there's there's so many cuttingedge technologies that are coming out of Silicon Valley and like the big question is like how does this get in the hands of people safely right that's the through line with open AI yeah that's why fact that that's when we were sort of making a case like you could have 10 seasons right because you just pick a new disruptive technology and what's also amazing is flying cars have made our EV TOS so much progress since when I first started working on this so it went from this like kind of still Fantastical concept to the mayor of New York City had an event with Joby last week like and it was like literally bringing together the real life of City politics and flying cars in the way that when I wrote it the book was meant to be totally you know futuristic and fantastic do you think that we have a healthy relationship with the way that we like either yeah with the way that we let technology go to market I mean there's it's so interesting let me set this up so you have Facebook right which everyone's like we move too fast we let them no no guard rails at all and of course they came out and you know had some externalities shall we say and then we had something like Cruz which you mentioned uh which like seems like it's on a good direction it made a mistake right it definitely dragged this pedestrian about 20 feet like it's terrible um but like overall the safety record look good and now who knows what's going to happen to that company so where do you think like Society is in terms of allowing people to um bring technology to Market couple things so first of all by definition regulation has to lag Innovation because until the founder comes up with the new idea and executes on it there's nothing to regulate and if the bureaucrat who does the regulation could have thought the new idea uh he or she would be the founder not the bureaucrat right um it typically in my experience every compact new startup falls into one of two buckets the first is they come up with a better way to do something right so the first tech thing I ever worked on was Uber and Travis didn't invent the idea of paying someone take you from point8 to point B but he came up with a much better way to do it and ultimately all the political regulatory fights we had were really market share fights through the guise of Regulation and that it's true for Airbnb and FanDuel kind of everything in existing markets and then there's the white spaces right so that could be AI or crypto or autonomous vehicles or flying cars or whatever you want where the good news is there's no entrenched interest that you're having to take down and disrupt and fight with but the bad news is there's no regulatory framework at all right and so you got to figure the whole thing out and so in a case like Cruz there is no AV regulatory framework yet there's Patchwork stuff by different cities and different states the federal government has refused to deal with it um and I think you know yes we obviously what happened there was terrible we have to be careful of it but as I understand it an American is killed in a car accident every 15 minutes of the day 24 hours a day 3 65 days a year um if we don't want that to keep happening we have to have autonomous vehicles they will ultimately be much safer and in order to have them they've got to be deployed they've got to be tested and they're going to make some mistakes and that's not to say that you then don't try to make them as safe as possible and regulate it but if if they have sort of zero tolerance policy that one thing happens and then they're sort of deterred for years all that's going to do is means that tens and tens of thousands of indust people are going to keep dying in car accidents when they don't have to right exactly and so we had a question here should we acquire Cruz from marshmallow thank you for the question marshmallow look I think he's saying uh crew or they're saying Cruz the um the car company not Ted Cruz even though we got the spelling not want require Ted Cruz I still think look this is always the tension right which is is it possible that the politics and narrative every counc around this really does s Cruz maybe um but does the underlying techn ology persevere yeah absolutely okay all right we got three minutes left I got to ask you about Eric Adams mayor of New York City yep you know I guess I liked Adams because he was like a New Yorker after our two Boston uh based Mayors RI Bloomberg and DeBlasio if I see another New York mayor wear a Red Sox hat to a baseball game I gotta move somewhere else so as as I get as someone who ran Bloomberg's campaign yeah he is not a Red Sox fan or a Yankees fan or a Mets fan or really any sort of sports fan so look I mean I okay well we'll put that on to Blasio um but but Adams just you know he seems it seemed in when he took office he was going to be very entertaining and a walking Scandal and he seems like he's been both what's your sort of totally one minute assessment of what's going on with him on one hand what's happening is remarkable so for the viewers that aren't familiar um about a week ago the FBI approached him on the street and sees his phones right which is a remarkable act because there's 20 other ways they could have done that quietly right and instead they chose to do something incredibly high-profile U they've had raids of various homes of staffers of his they are acting as if they clearly have the goods on the guy and maybe they do but then what we know about in terms of what they say he did doesn't sound so bad what he's accused of doing is getting money either from the Turkish government or their allies for his campaign um and then calling the fire commissioner and asking him to expedite a a certificate of occupancy so the Turkish Embassy could open in time for Eran to come to the ceremony um you know maybe inappropriate but pretty business as usual right and if you're going to take down the mayor of New York City I think you got to have a better justification than that he called the fire commissioner about something because one of two things will happen if he gets indicted either he refuses to resign and the lesson from Trump and Mendez every analysis just stay in the job now we have a mayor governing under indictment that's bad or if he did resign because we would have the public Advocate would replace him then a special election 90 days later and then the real election would be about a year and a half later we could have four Mayors in two years that's a disaster to so if Adams was taking bribes in any way if he did something genuinely truly immoral and illegal he should certainly be be indicted for it but if all we're talking about is is calling the fire commissioner about of occupancy like to me it's way over absolutely the book is obvious in hindsight the author is Bradley Tusk I can't wait to watch the series maybe on Apple or somewhere else have to find Cameo for you absolutely yeah you can have me as the uh the resident podcaster great talking with you as always thank you for being here and good luck with everything thanks so much bye