i think companies in silicon valley that revive their business plan is also leaving their customers and contributors are going to fail. >> yeah, if that's how they approach it, then they're going to make themselves superfluous. in fact, they seem to anticipate that. if you proceed in business on the assumption that your job is to make your own customers superfluous, , you're going to n out of things to do it that your business model, aren't you? >> i think it's quite absurd. i'm even contrary enough to not believe that -- i think technology is continuing to advance at a tremendous pace, but it don't think it's advancing any more rapidly than it did at the time of the industrial revolution. i think that nobel laureate economist william nor house -- nor house did a study of the advance of writing. this is the invention, creation of light, the amount of lumens you need to light a room at night. and he shows that the advance in lighting has been a hundred thousand times more rapid than is measured in the economic models. essentially, economists while they are writing about them satanic mill

in the silicon valley, this was their customers, and contributors. saying they're going to fame. >> that's how they approach it. then they're going to make themselves superfluous, and if you anticipate that, if you precede in business on the assumption that your job is to make your own customers superfluous, you're going to run out of things to do if that's your business model, aren't you? >> i don't -- i mean, i'm even in control enough not to believe, that they continue to advance at a tremendous pace, but i don't think it's advancing any more rapidly than it did at the time of the industrial revolution. >> mm-hmm. >> and i think that the economist william moorhouse has looked at this, and looked at the invention creation of life, is amount of lumens you need to light a room at night, and it shows that the advance in lighting has been 100,000 times more rapid than it was measured in the economic model. essentially economists were writing about mills, and -- >> william blake. >> yeah. they were writing, and emmitt james, writing, and the incredible

companies in silicon valley that regard their business plan as obsolete and their customers and contributors are going to fail. >> if that's how they approach it, then they're going to make themselves superfluous. you will run out of things to do. >> i think it's absurd. i think that the nobel laureate economist william nordhouse did a study of the advance of -- the invention and creation of white, the amount of lumen to light a room at night. he shows that the advance in lighting has been 100,000 times more rapid than is measured in the economic model. the incredible expansion of light from the time that was -- it was fire in a cave to the millions of candles at versailles to whale oil to kerosene to finally electricity and then light emitting -- >> beyond electricity. >> measured by the amount of time a worker had to spend to buy the light to illuminate a room. economic progress was 100,000 times more rapid than is usually estimated in that field. during the industrial revolution, we missed light. this continues to be, a golden age of capitalism with the technological progress as fast as e

. >> i thought he was just silicon valley? no, while he was a good technology chief i google undeveloped at that -- response to your emails, you know gmail, has responses that allow you to anticipate how you are going to respond to a particular issue. i notice those responses are more curious since was if. it cases it establishment? that's raises contribution. ray as a whole -- contributions to technology where the decades. but i think all these people have forgotten the fundamental principles of the computer science that they expound. that's what's striking about the book, because you don't seem to be of much of a dune say or something in, fact see five got this right to -- you seem to think the potential of a i maybe oversold, but that even in the overselling there could be some collateral damage and you're trying to avoid that. >> have i got that rain? >> that's right. the idea that somehow ai competes with human minds is a fundamental illusion. >> a lot of these technology creators, he came to their work having already abs