Ep #4 | WTF is ChatGPT: Heaven or Hell? | w/ Nikhil, Varun Mayya, Tanmay, Umang & Aprameya

OpenAI’s ChatGPT has taken the world by storm since it was made publically available. It promises to revolutionise the way we work, in sectors from finance, to medicine, law and media. But without a clear understanding of the full potential and consequences of this technology, are we sleepwalking into disaster? AI expert Varun Mayya seems to think so. Hear his thoughts, along with Nikhil, Tanmay, Umang and Aprameya’s in Episode 4 of the WTF is podcast. Nikhil Kamath - Co-founder of Zerodha, True Beacon and Gruhas Follow Nikhil here:- Twitter https://twitter.com/nikhilkamathcio/ Instagram https://www.instagram.com/nikhilkamathcio/ Facebook https://www.facebook.com/nikhilkamathcio/ Linkedin https://www.linkedin.com/in/nikhilkamathcio/ Koo https://www.kooapp.com/profile/Nikhilkamath #VarunMayya - CEO of Scenes & Tech Expert Follow Varun here:- Youtube https://www.youtube.com/@VarunMayya https://www.youtube.com/aevytv Twitter https://twitter.com/VarunMayya Instagram https://www.instagram.com/thevarunmayya/ LinkedIn https://www.linkedin.com/in/varunmayya #TanmayBhat - Social Media Sensation and Comedian Follow Tanmay here:- Youtube @TanmayBhatYouTube Twitter https://twitter.com/thetanmay/ Instagram https://www.instagram.com/tanmaybhat/ Linkedin https://www.linkedin.com/in/thetanmay/ #UmangBedi - Co-founder of Josh and Dailyhunt, former CEO of Meta India Follow Umang here:- Instagram https://www.instagram.com/umang.bedi/ Linkedin https://www.linkedin.com/in/umangbedi/ #AprameyaRadhakrishna - Co-founder of TaxiForSure and Koo Follow Aprameya here:- Twitter https://twitter.com/aprameya/ Linkedin https://www.linkedin.com/in/aprameyaradhakrishna/ Koo https://www.kooapp.com/profile/aprameya/ Instagram https://instagram.com/aprameyar/ #nikhilkamath #podcast #WTFiswithNikhilKamath #WTFisChatGPT #ChatGPT #OpenAI #AI #artificialintelligence Timestamps 0:00 : Intro 00:40 : Varun Mayya's introduction 2:58 : IPL and meeting Ravi Shastri 8:22 : What is ChatGPT? 15:20 : Training a computer to be ‘human’ 23:55 : ChatGPT’s use in finance and economics 26:34 : What is AutoGPT, the Swiss army knife? 31:43 : Data ownership and AI training 39:28 : The danger of AI, the importance of trust 42:05 : What is perceived as real or not why our brain resists facts 44:25 : How do we decide what is Fake or Authentic 46:27 : Economy Data - the many interpretations 48:07 : Will this be the Indian Century? 49:25 : Is Capitalism broken? 52:29 : Capitalism and the information asymmetry 52:45 : SVB - How Social Media compounded a banks collapse 55:22 : Do we trust companies because of their scale? 56:55 : Stock Market: Which stock would you buy google, Microsoft, Nvidia or AMD? 59:07 : What drives Sam Altman, and what is World Coin 1:00:15 : Impact on Infosys and TCS 1:02:15 : Who will be impacted the most? 1:05:28 : Building Distribution, the panellists explore a business idea 1:08:00 : Why is Reddit so popular 1:08:40 : Which company will have monopoly in the future 1:11:50 : Google Ads Targeting you dynamically 1:13:34 : Network effects and fragmentation 1:15:35 : AGI, GPT and white-collar jobs 1:17:46 : Impact on SaaS 1:20:35 : Drones defy bad actor theory 1:22:04 : Nikhil’s secret to happiness and contentment 1:24:10 : Universal Basic Income or Universal Basic Resources 1:26:58 : Humanity’s story has been one of instability - having children in such times 1:31:15 : AI Alignment, Moravec’s Paradox and Morality 1:36:30 : AI’s Impact on Climate 1:38:07 : Chat GPT in a Bot 1:42:00 : GPT in ‘Us’ - Neuralink 1:46:50 : Movies making accurate predictions 1:47:40 : The pandora's box we have opened - how to regulate 1:54:00 : Baby AGI 1:54:42 : Predictions for the future 1:56:20 : What jobs with AI create 1:57:57 : What is prompt engineering 2:02:26 : Dopamine Hits Acceleration 2:09:30 : Gold’s Performance and Imports 2:15:03 : Is AI a weapon of mass destruction 2:19:30 : Indian Banks and the looming threat 2:22:04 : Nikhil's perspective of the next 10 years 2:27:50 : Outro