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Contenuto fornito da Mises Institute and Thomas J. DiLorenzo. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Mises Institute and Thomas J. DiLorenzo o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
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Artificial intelligence is evolving at an unprecedented pace—what does that mean for the future of technology, venture capital, business, and even our understanding of ourselves? Award-winning journalist and writer Anil Ananthaswamy joins us for our latest episode to discuss his latest book Why Machines Learn: The Elegant Math Behind Modern AI . Anil helps us explore the journey and many breakthroughs that have propelled machine learning from simple perceptrons to the sophisticated algorithms shaping today’s AI revolution, powering GPT and other models. The discussion aims to demystify some of the underlying mathematical concepts that power modern machine learning, to help everyone grasp this technology impacting our lives–even if your last math class was in high school. Anil walks us through the power of scaling laws, the shift from training to inference optimization, and the debate among AI’s pioneers about the road to AGI—should we be concerned, or are we still missing key pieces of the puzzle? The conversation also delves into AI’s philosophical implications—could understanding how machines learn help us better understand ourselves? And what challenges remain before AI systems can truly operate with agency? If you enjoy this episode, please subscribe and leave us a review on your favorite podcast platform. Sign up for our newsletter at techsurgepodcast.com for exclusive insights and updates on upcoming TechSurge Live Summits. Links: Read Why Machines Learn, Anil’s latest book on the math behind AI https://www.amazon.com/Why-Machines-Learn-Elegant-Behind/dp/0593185749 Learn more about Anil Ananthaswamy’s work and writing https://anilananthaswamy.com/ Watch Anil Ananthaswamy’s TED Talk on AI and intelligence https://www.ted.com/speakers/anil_ananthaswamy Discover the MIT Knight Science Journalism Fellowship that shaped Anil’s AI research https://ksj.mit.edu/ Understand the Perceptron, the foundation of neural networks https://en.wikipedia.org/wiki/Perceptron Read about the Perceptron Convergence Theorem and its significance https://www.nature.com/articles/323533a0…
Contenuto fornito da Mises Institute and Thomas J. DiLorenzo. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Mises Institute and Thomas J. DiLorenzo o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
A podcast featuring curated interviews, lectures, and commentary by Thomas DiLorenzo. Thomas DiLorenzo is president of the Mises Institute. He is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton’s Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
Contenuto fornito da Mises Institute and Thomas J. DiLorenzo. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Mises Institute and Thomas J. DiLorenzo o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
A podcast featuring curated interviews, lectures, and commentary by Thomas DiLorenzo. Thomas DiLorenzo is president of the Mises Institute. He is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton’s Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
Gabriel Custodiet speaks with Tom DiLorenzo about his efforts to expose Abraham Lincoln. Pushing against the soft “saint-like” treatment that historians have granted Lincoln, DiLorenzo exposes Lincoln’s totalitarian tendencies, his contribution to the birth of American fiat currency, his war crimes, among other reasons to have disdain for the lauded president. Ultimately DiLorenzo explains how court historians can twist our understanding of history, use this twisting to advance the ends of the status quo, and themselves alter the course of history. The original episode is available at https://watchmanprivacy.com/podcast…
On January 3, 2025, Tom DiLorenzo joined Tom Woods for a chat about Abraham Lincoln, Woodrow Wilson, and Franklin D. Roosevelt. Watch the Mises Institute's documentary Playing with Fire at Mises.org/Fire The original episode is available at https://tomwoods.com/ep-2589-axis-of-evil-americas-three-worst-presidents…
On January 14, 2025, Tom DiLorenzo appeared on The Schilling Show. The original episode is available at https://cvillerightnow.com/podcasts/the-schilling-show-dr-sheila-furey-dr-julie-gatza-dr-bonner-cohen-thomas-dilorenzo
On December 18, 2024, Tom DiLorenzo appeared on Business Game Changers with Sarah Westall to discuss the Federal Reserve and how it has caused never ending problems for the United States. DiLorenzo also expects many states will secede before allowing the government to track, trace, and manage citizens' daily lives. Watch the Mises Institute's documentary Playing with Fire at Mises.org/Fire The original episode is available at https://sarahwestall.com/digital-slavery-and-playing-with-fire-money-banking-and-the-federal-reserve-w-tom-dilorenzo…
On November 7, 2024, Andrew Wilkow interviewed Tom DiLorenzo. With Trump as president, will we move in the direction of capitalism, or will we move in the direction of socialism? The original episode is available on Salem News Channel .
On November 6, 2024, Tom DiLorenzo appeared Financial Survival Network with Kerry Lutz to discuss the implications of China's economic strategies. They also discuss the US economy, government overreach, and the bureaucratic mindset. The original episode is available at https://FinancialSurvivalNetwork.com…
On July 25, 2024, Tom DiLorenzo appeared on Everything's Political with Thea Shoemake to discuss the Federal Reserve. The original episode is available at https://www.iheart.com/podcast/966-everythings-political-70910324/
On September 24, 2024, Tom DiLorenzo appeared on Tommy's Podcast to place current US political and economic issues in a historical perspective. The original episode is available at TommysPodcast.com .
On October 28, 2024, Tom DiLorenzo appeared on The Shawn Thompson Show to explain why we should stop rewarding the government when it fails. The original episode is available at The Shaun Thompson Show .
On July 19, 2024, Tom DiLorenzo appeared on The Pelle Neroth Taylor Show to discuss the Federal Reserve, Trump, free markets, and American History. The original episode is available on TNT News at https://tnt.news/shows/pelle-neroth-taylor .
On July 15, 2024, Tom DiLorenzo appeared on The Bill Meyer Show to explain why the Federal Reserve does not benefit ordinary people or make the US economy more stable. The original episode is available on KMED.com .
On October 23, 2024, Tom DiLorenzo appeared NOW with Stacy Washington, to explain how the Chinese Communist Party is imitating what the Federal Reserve did in the early 2000s. The original episode is available on SalemNewsChannel.com . Stacy Washington (SW): Welcome back to Salem News Channel. There's no room for argument when it comes to which candidate in this election will fix our economy. We know what both plans are, and John Paulson wrapped it up nicely on Fox Business. Fox Business: And I feel like it's so disingenuous of Kamala Harris to talk about plans to rein in inflation by, you know, getting corporations to admit that they've been price gouging. It's so disingenuous to not recognize the $7 trillion in spending on how we got there. Yeah, that's because they don't really have an economic plan. Their plan is spend, increase government spending, increase taxes, increase the deficit. That doesn't work. SW: Mm-hmm. So when business people talk about the economy in conjunction with the election, you get analysis like that, not, oh, he can't be my babysitter, so he can't be my president. We turn now to China's economy, trying to bolster it's standing by citizens investing in stocks. Joining me now to break this down is president of the Mises Institute, Thomas DiLorenzo. Thomas, welcome back to the program. Tom DiLorenzo (TD): Thanks for having me again, Stacy. SW: It's good to have you here. So talk to us about this. You have China's economy and they're allowing investments? What's going on here? TD: Well, I think what's going on is the Chinese Communist Party decided they basically want to imitate what our Federal Reserve did in the early 2000s. They're dropping interest rates and they do have allow private investment over there. And so they're claiming that the reduction in interest rates that is being caused by a flooding more money into the Chinese economy is going to stimulate their economy. That's the exact same argument that our Federal Reserve made in the early 2000s. They said they wanted to create a housing bubble. One of their advisors, Paul Krugman, the New York Times columnist, said after the stock market crash of 2000, he said in the New York Times, we need to create a housing market bubble. Well, they did. And the Chinese economists, or Chinese government, I just read today, said the same thing. They said they want to create, they didn't call it a bubble, they want to create "investment in housing". But that's what will happen. They're flooding their economy with money and lowering interest rates, creating some sort of housing bubble. So investors are looking at this and they're saying, well, if the Chinese economy picks up and maybe doubles the GDP growth, well, people are going to be wealthy enough to be gambling, again, in Macau, where all these American casinos are located. That's where the investment is going now. The speculative investment is going into these mostly American-owned casinos in Macau, part of China, and the price of the stocks of these casinos has been going up very, very strongly in the last day or two because of that. But bubbles always burst. And so they'll probably create some temporary prosperity, but the bubble will burst and no one can predict when the bubble will burst, but it will. And then that's what happens when the central banks create too much money. SW: So what happens in conjunction with our economy? Because like it or not, the American economy is impacted by what happens in China because they're a major trading partner for us. When their bubble bursts, what will we see happening here? TD: Well, when China or any country becomes more prosperous, they have a better ability to buy American goods, American exports. And so it wouldn't be good in general for them to become poorer when the bubble bursts. But in the meantime, the American casino companies will do very well and everything related to the casino companies in Las Vegas, because they have these very big businesses in Macau now, very big casinos, some much bigger than the ones in Las Vegas. And so that part of the US economy will be prospering temporarily, but it'll create a bust in China, just like it creates a bust in America or England or France or Mexico or anywhere else, whenever the central bank, ours is called the Federal Reserve, steps on the gas and prints too much money. That's what happened in 2008. We had the bubble in real estate that burst. It was right after a bubble that was created in a stock market, yet again, in 2000, that bubble burst and we had a recession thereafter. It wasn't nearly as bad as the '08 recession, but it was a recession, very deep recession. And that's what's going to happen in the economy in China, I believe. SW: So the thing that we're concerned with is obviously, I mean, it's a little bit of a flex that they're copying something that our Federal Reserve did years and years ago, but the end result will not be exactly what they're hoping for. So have they really looked at this? What do we know about their thought process for implementing this, knowing that the possibility, the end of it could be bad? TD: Well, it's interesting. Our politicians are always short-sighted because they're always looking to make themselves look good before the next election. But you've got a dictatorship in China, but they still want to be popular. They don't want to be overthrown, even if you're a dictator, especially in a country with over a billion people. And so what our politicians and politicians all over the world do is they know this. They can study the history as well as you or I can. And they know that they can pump up the economy, especially before an election, like in our economy, and which is what they're doing now, which is sort of a feeble attempt to cut interest rates a couple of weeks ago by the Federal Reserve to help the Kamala Harris campaign. But that seems to have backfired because mortgage rates are going back up this week. And so they know that, but the game is to make themselves look good temporarily. And then when the crash happens, they blame somebody else. It was like the Biden administration created all this inflation with the help of the Federal Reserve, printing money to finance all of their endless spending programs. And now they're blaming corporations for price gouging, which is very silly. It's sort of the propaganda tool that Democrats always use. You know, if these corporations have the ability to just willy-nilly raise prices like they do now, why don't they do it all the time? All of a sudden, Kamala Harris is running for president. All of a sudden, they decide, let's make more money with price gouging. And it makes no sense at all. So it's just a rhetorical mumbo jumbo. They're hoping that American voters are so ignorant that they will fall for this, the price gouging thing. And Chinese communist politicians are politicians. They don't want to make the public too angry with them. There's always a threat of a revolution or a revolt, even in communist countries like China, which has moved away from pure communism, of course, but their government still is a communist party of China. I think they're doing the same thing, basically, that our politicians do, trying to make themselves look good temporarily. And, from their perspective, they probably think, well, maybe that'll invite more foreign investment in China, if they can brag that their economy is growing. more robustly, there might be more foreign investment in China. SW: Well, I think what they're missing is that there is no shortcut to economic prosperity. Good policy year over year brings good prospects. It's actually a complex mix. You can't just have good policy. You also have to have a business environment, a regulatory environment, and you have to have people who are producing products, goods, and services. And then you have to have people who are earning money to be able to purchase it. So, you know, the communist paradigm goes against the free market system. And it's kind of hard for them to, you know, kind of pick and choose little bits of it that they wanna stick into their communist reality. I think it's interesting that they're at least acknowledging. This is an acknowledgement that their system doesn't really work and ours does. As flawed as ours is, it's far better than what they're working with. And I think that's the big takeaway here among the other details that you shared. Thomas DiLorenzo, president of the Mises Institute. Thank you, sir, for joining me today. TD: Thank you for having me.…
On October 16, 2024, Tom DiLorenzo appeared on the Two Mikes podcast, with Dr. Michael Scheuer and Col Mike, to discuss the Federal Reserve. The original episode is available on the Freedom First Network .
Presented in Hilton Head Island, South Carolina on Saturday, October 12, 2024. Sponsored by David and Suzanne Britton-Ohl.
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