Chapter
Learning about Capitalism, Marxism, and Open Source During a PhD Program
46:12 - 50:35 (04:23)
The speaker reflects on their PhD program experience, which involved reading books on capitalism, Marxism, and the business of open source. They discuss the challenges of balancing cooperative development with the need for profits and mention a conversation about not having kids in order to succeed in the tech industry.
Clips
The speaker is in the middle of exploring the connection between the cooperative development ethos of open source and the necessity of creating profits.
46:12 - 47:10 (00:58)
Summary
The speaker is in the middle of exploring the connection between the cooperative development ethos of open source and the necessity of creating profits. They reflect on a time when they were a young graduate student and read Richard Stallman's post about making a living off of open source, which made them think about how to support their family while pursuing this passion.
ChapterLearning about Capitalism, Marxism, and Open Source During a PhD Program
Episode#224 – Travis Oliphant: NumPy, SciPy, Anaconda, Python & Scientific Programming
PodcastLex Fridman Podcast
The speaker discusses the challenges of developing AI without a solid understanding of economics, particularly capitalism and Marxism.
47:10 - 49:25 (02:14)
Summary
The speaker discusses the challenges of developing AI without a solid understanding of economics, particularly capitalism and Marxism.
ChapterLearning about Capitalism, Marxism, and Open Source During a PhD Program
Episode#224 – Travis Oliphant: NumPy, SciPy, Anaconda, Python & Scientific Programming
PodcastLex Fridman Podcast
Prices and private property are critical for an efficient allocation of resources in an economy.
49:25 - 50:35 (01:10)
Summary
Prices and private property are critical for an efficient allocation of resources in an economy. Without prices, bureaucrats cannot determine how to allocate resources efficiently, creating a lack of information flow in a top-down system.