Nation-states have an extensive range of capabilities, making it difficult for even sophisticated businesses to protect against cyberattacks. Additionally, the consequences of taking legal action against a suspected nation-state attacker can be politically complicated.
The conversation discusses the possibility of large scale systematic operatives working to manipulate the minds and actions of the general populace, with a particular focus on the role of technology and cyber warfare in this process.
AI has reached a point where it can distinguish between a fight and roughhousing in schools, and cameras can't determine if someone entering a school is a threat. However, tech geniuses such as Elon Musk urge a timeout on AI development to assess its potential threats versus benefits.
As technology has an outsized impact on politics, elections and finance, politicians have become more involved in the tech industry. The question arises, is the government a competing or controlling body of technology?
The current system of capital formation requires trust from investors for businesses to make investments in infrastructure and hire people. If people believe in the market and that it is not a casino, capital formation can improve, which will help fund the SEC to regulate the industry.
The speaker discusses the conflict of interest in trading stocks for individuals working in regulatory bodies, such as the SEC and regional Fed, who may have access to insider information. He argues that this may create a perception of impropriety, even if they are not actually breaking any rules.