Asked about effective accelerationism, Shkreli calls AI fear-mongering ridiculous and takes aim at Dario Amodei's predictions of mass unemployment and cured diseases. He then asks the audience to raise a hand if they've ever gotten a drug through FDA approval.
Effective accelerationism.
Effective accelerationism. Which means. Which means? That's
…unemployed within one to five years, about two years ago. Well, he's got three years left. He also said that we'd cure all diseases. I don't think there'll be a single AI-relevant drug in the next 10 years. AI does not help drug discovery. If you've ever built drugs, and raise your hand, if you've made a drug, gotten FDA approval for a drug. Okay, I'm pretty sure that's it. It's pretty hard. It's pretty hard to do. And we've had computers for a long time. I built a Cray cluster to analyze drugs. Now I can use GPUs. It's great. But there isn't much AI can help us with in drug discovery.
What is the revenue cycle that's driving valuation? So just unpack it from a hedge funder, you're sitting there, you're like, well, you see these run rates, right? I think Jensen mentioned it yesterday. $400 billion have gone into venture that has been redirected into AI. So do you interpret that…
I think so. That's your
argument. Yeah. And I
