How to Live Without Regret | Kai-Fu Lee on Impact Theory
pHQ16ZZcpQc • 2018-12-04
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Kind: captions Language: en and i think another important thing is meet a lot of people who are smarter than you and ask them questions and pay attention and follow up and validate and check the things that you learn if you feel the whole world can be your teacher and you're learning asking questions keeping an open mind that i think probably is what i have done hey everybody welcome to impact theory our goal with this show and company is to introduce you to the people and ideas that will help you actually execute on your dreams all right today's guest is one of the most prominent and successful tech investors on the planet named one of the 100 most influential people in the world by time magazine his contributions to both the chinese high-tech industry and to the broader field of artificial intelligence simply cannot be overstated as chairman and ceo of synovation ventures he manages roughly 2 billion and through some of the most blindingly prescient investments he and his team in just four years have helped birth 15 unicorn startups including an unparalleled five in a.i alone the author of 10 u.s patents and more than 100 journal and conference papers as well as being the founding president of google china the founder of microsoft research asia and a former executive at both sgi and apple it's easy to see why so many consider him one of the most central figures in the realm of artificial intelligence the numerous innovations he's helped bring the world have been featured on good morning america abc television and the front page of the wall street journal he's also the author of seven best-selling books and has more than 50 million followers on social media his leadership and insights into the future of technology have not only garnered him followers but have also made him one of the most respected educators of the next generation of entrepreneurs and policy makers so please help me in welcoming the best-selling author of the new book ai superpowers the oracle of innovation himself dr kaifu lee [Applause] thank you thank you absolutely man it's so good to have you it's great to be here i am very excited to dive into ai and all that stuff which i have an absolute fascination with but i actually want to start you've talked a lot about the chinese work ethic and how like crazy intense it is was that already something that was present in your family i know you've talked about it was there a lot of pressure in your family to excel there was especially from from my mom i was her only son and i think she really wanted me to excel so i remember when i was very young she would have me write these chinese characters and every time i make a little mistake she would you know slap my hand have to do it over had to memorize all those chinese poetry every time i miss one character she would throw the book out the door so it was a push to work very hard but also very rewarding she would buy me any book i want to read and she would you know give me you know reward and hugs and lots of good food when i do a good job so very much the following the chinese reward punishment system to push towards incredible hard work and excellence that's interesting how much that have you now employed with your own kids none really yeah that's interesting why none because i think people really need to find their passion and forcing someone who's not good at math to you know enter the math contest or some someone who hates spelling to win the spelling bee is not something i want my kids to do so i always help them explore things they might be interested in and then supported them when they found that that's really interesting i want to talk more about that so your mom was pretty intense but was obviously you said that it was very rewarding was it just rewarding in the sense that okay i had access to books and i would get anything i want or has it been like that knowledge that she forced you to get has it helped you you've been so successful i think it certainly has helped me and but also i think having the chance to study in america was perhaps even more important that asian schools really didn't give people a chance to learn how to learn and the asian schools are really good at providing a decent level of competence by forcing you to memorize everything but it actually stifles creativity so coming to america was probably even more important than being forced to work really hard before the age of 11. because you were able to find creative outlets yeah because then i found programming to be fun ai to be fun and i was able to pursue my passion maybe a little bit late but but still got got to so interesting so listening to you talk and i i'm i'm so interested in your theories around why you think the chinese are such high performers yeah and in fact talk about that so you've said that if if the sort of chinese culture comes up against basically any other culture where's the work ethic fall well i think work ethic is a very critical part why china has risen so fast and the work ethic is not only a century-old chinese tradition but it's also accentuated now because china has been poor for so many recent centuries so imagine a single child in the family who has pressure from the two parents and the four grandparents all the pressure on one person and feeling that this person is the only chance to bring the family out of poverty and the family may have been in poverty for five ten twenty generations so you can imagine the pressure to excel so as long as china still has not ha created a large middle class like america has there will always be these poor families with great expectations for incredible work ethic so it's so interesting to me so that there's something maybe distressing in me that makes me like that so much it's created this just wave of innovation in china that certainly an ai is rapidly becoming unparalleled and to hear you tie that to that you know you've got these people that have expectations on one person and they've got that one shot to pull them out of poverty but they're really doing it so it for me it begs a question then what's more important to you so you obviously champion that you've invested in a lot of companies very successfully and you bet on a lot of chinese entrepreneurs because of this work ethic so why not instill or push your kids in a similar way what's what is it that is more important that makes you not want to do that well i've gone been through a lot myself i i've had cancer and i've i'm now in remission and in facing cancer i realized that working hard can't be the purpose of our lives and it can be something you would do when you love it but it actually creates a lot of stress and at the end of the day when you really look at your life and facing death in maybe maybe measured in hundreds of days as i once did i felt working hard was not on my priority list at all if anything i regretted working too hard so talk to me about the cancer diagnosis so so the day that that comes down what was that moment like you've been in fact give everybody a little bit of frame of reference for the chinese work ethic you said that there was one company that said hey come work with us we're far more balanced we're 996. what does that mean yeah that company is now listed at about 60 billion dollars and they attracted the employees on the basis of work-life balance and the 996 meant 9 a.m to 9 9 p.m every day for six days a week and that's the balanced company that's the balance company you get sunday off so you're in that environment you're working were you working like that yeah oh god uh talk to us about when your wife was about to give birth right um so for my first child in 1991 december 16th it was the day i had to present to apple's ceo on artificial intelligence we had a demo that would work really well with my voice and less well with other people's voices and i wanted to put the best foot forward but my my daughter wouldn't come out so i had to face a decision of do i see my childbirth or do i make the presentation on ai and i was set getting ready to go back to work but uh just um half an hour before i had to leave she cooperated and came out otherwise i would have missed her birth all right so we go from that yeah and then that type of work ethic do or die all in where 996 is is balanced how do you hear that cancer diagnosis what what is that like first hour first day like i went through the usual phase of denial and why me negotiate with god what have i done wrong what can i do right and then and then quickly came to my senses that this is what it is and i need to first rewrite my will tell my family and then go on the internet to look for any possible chance that i might still be treatable so it was both the emotional side and all the also the rational side simultaneously uh uh firing away uh and once i got both sides settled you know all the all the emotion anger kind of calmed down and also found that this cancer is actually still possibly treatable then i reflected on my life and realized that i really put work first um and and and and my family my loved ones they um i was i was a passable son um husband and dad um because i was a good uh like an ai algorithm i i knew how to spend enough time with them so they would consider me passable but but never put them at a top priority were you living like that with work first as a sense of duty or obligation actually i just thought i loved it i loved the sense of accomplishment i love the fact that my employees called me ironman that was my my nickname i loved the fact that i responded to email within five minutes always had my pc with me at the time there's no no mobile phones and even when i went to bed i would wake up automatically at 2 a.m and 5 a.m to answer all my emails because i was working for google and there were questions my colleagues and boss may have i wanted to be responsive i also wanted my employees to feel like well the boss worked so hard i should work hard too so i never thought there was any issue with making working hard the only priority in life so man when i say this resonates with me because i'm still in that mode where i love it and i had an employee tell me that she didn't think i was human and i loved it yeah um so now help me see the perspective of like when you really start to reflect and start regretting why regret like if you were really enjoying it what is it that your family gives you or means to you or whatever that you realize that was a mistake well when i found out about my diagnosis and got over the denial period i started rethinking my life's priorities and i saw how my family was so selfless in taking care of me you know my wife would you know sleep in the hospital with me on a little couch and my sisters were making me food and my daughters were making me little presents and trying to cheer me up and i saw that you know i never did that for them and and then i also i read a book by ronnie ware um she was a caretaking nurse who saw 2 000 people on their death beds and in her book she said not none of them wish they had worked harder achieved more wealth or fame they only wish for giving love spending time with the loved ones and also pursuing their dreams and not just just blindly following fame and wealth and and also during my illness i visited a very famous buddhist monk uh master shinrin he's perhaps the most famous buddhist monk in in the world he's very wise in the mountains in taiwan and and then i talked to him about my illness and and my regrets and he said kaifu what really drove your life and i said very simple making a difference to the world making an impact so i measure everything i do minutely by how i can make a bigger impact how i can invest in a better company how i can write a book that sells more copies how i can give a speech listened to by more people and i said this has to be good for the world and why do i have cancer and he said are you sure you're doing all this for the world to be better or are you just doing it to make yourself more famous and and then i started to realize these two were not separable and it was and then he explained that people can basically succumb to two temptations um uh greed for money and greed for fame and and he said that um in a lot of chinese teachings the greed for fame is considered bad so a lot of scholars shun that but greed for fame is praised because that's considered leaving a good reputation changing the world helping the world be a better place but he said kaifu i think you're just fooling yourself to say that you're trying to help the world you're really just trying to be more famous aren't you and then that really hit me and and he said well if you agree with what i said um really i think you should change your purpose helping the world be a better place is good but it is through giving love to other people it is not through making yourself famous you need to separate these two things and and and that was probably the the big wake-up call that i needed how did you separate them well when i wanted to do something i would ask if this is something that would really make the world a better place or is it just yet another effort to make myself more famous and and i would prioritize the former goal and then if there are people who needed my help that would have nothing to do with my advancing myself but it was something that i knew they needed i would spend more time for that and and i would spend more time with my family and and really i still work hard but i always put my family's priorities at at first family and friends when when my kids take vacation home that's when i drop work and spend time with them rather than the other way around it's just reversing the priority because family isn't going to take all of your time if i if one just puts that at a higher priority i think the number of hours at work maybe 20 less it's not down dramatically but but now i feel much more gratifying that every day i i feel like my my life is more meaningful and and also i've killed all my bad habits you know refuse to get up at night have a wonderful try to get a good full night's sleep every night so walk me through the barometer that you use to determine whether something's actually going to be good for the world like what so you're at this nexus of something that is going to disrupt the world so profoundly how do you look at that and go this project is worth my time and energy and this one is not well we can choose to invest in a lot of artificial intelligence projects obviously if we see a good business opportunity we can't pass but i would spend more time on ai for health ai for education those are things i would spend my personal time on because knowing that those will be beneficial to the world also when i look at all the ai investments we've made i can see that there are many jobs that are being displaced by the investments we made and also by ai in general and that is a warning call that the world needed so i decided to write this book this book is not just about ai technology it's about china and u.s rising as a dual engine to push ai forward and that ai is an ability within one single domain to do a superhuman job whether it is picking fruits washing dishes working on the assembly line customer service cashier loan officer i see those jobs as being displaced over the next 10 years and and there needs to be a warning for young people to pick the right professions and the warning for people in those professions to get ready for a new beginning so that i think was clear call to me that it was a call of duty that someone needed to alert the world on that it's really interesting and what i love about it and putting you in context you in particular talking on this subject is so fascinating because you've said that the very purpose of life is to give and receive love so somebody who says the very purpose of life is to give and receive love how how do you think about the disruption that's coming it's going to just eradicate jobs and ironically enough so i partnered with a dj named steve aoki we wrote a comic together called neon future and it's about the trough of joblessness that we're gonna go through right and what the story we wanted to tell was how do you get out of that yeah like how do you come out of the trough like it's pretty inevitable that that's to happen that there is going to be this disruption so knowing that the purpose of life is to give and receive love knowing that you're trying to help people pick jobs that are going to work well with ai what is that what should be what should people be thinking about now yeah i think it actually all works out because if you look at this defensively and say what are the things that ai cannot do it really and falls into two large buckets one is jobs that require creativity strategic strategy conceptual thinking and the other is jobs that require compassion empathy and human connection because you don't want a robot to be a nurse a doctor a nanny an elderly caretaker so it turns out the latter bucket is the only bucket large enough for the job displacement i i think you know for the next 20 to 25 years people's values are what they are as much as i have come out and realized my life can't be just about work there are many who will not have that death-driven epiphany so they won't realize it and and so it is important for them to find a new beginning and it is really serendipity that the jobs that are large enough in quantity and trainable in a fairly short amount of time are the jobs of compassion so so that will be how the routine jobs when people are displaced out of warehouses assembly lines call centers the job waiting for them with the training will be jobs of compassion but that won't happen unless the jobs of compassion are understood to be a valuable job and are well paid in the society so part of in the book is talking about how we can really help that happen because ai won't make someone want to do an elderly caretaker job it just has to pay better and and that job that category elderly caretaker is going to blossom because people are living longer people over 80 need five times as much care and yet the one million positions open on elderly caretaker are not being filled because the pay is not enough so ai is going to create just in the next 12 years 17 trillion dollars of net value to the world so now i want to bring that together with two things you've talked about so we've got the notion of humans are really going to find their purpose in love and humans have this desire to chase their dreams so how do we bring those two things together when dreams are often conflated rightly or wrongly with the fame with the money how do you help people maybe even your own kids like how do you help them see a way to bring those two things together well so when we think about beyond the current trough um maybe 30 to 50 years from now uh that trough being like joblessness joblessness right um i think we really need to think about a different world that the ai is uh not only meant to wake up us now to go for the jobs that have more compassion service jobs and so on but also it's meant for education to be changed i think there are two two aspects i think one is all the kids should be encouraged to really do what they love it's really important for us not to let the current prejudices or or beliefs um these these are the good jobs doctors lawyers engineers these are the good jobs well many of these jobs will be gone too within each area certain jobs will open up certain jobs will close down let's take the medical domain i think radiologists dermatologists in 30 years they'll be gone there won't be any more humans doing those jobs but medical researchers people who invent the next drug well that's going to be what we need so i think encouraging people to go for the jobs where ai is a tool that amplifies your creativity that would be the ultimate job to have but it has to be an education that encourages creativity and an education that helps people go after what they're passionate about wow i love that talk to me about follow through so a lot of people are going to experiment with a lot of things they're going to start they're going to stop and that's going to become a pattern in their life start stop start stop how do people develop the level of discipline i'm putting words in your mouth maybe but discipline or grit to see things through well i think um one part is to recognize that we're not just in a society with other people we have a.i so we really need if we really want to be that group of the creatives the group that have the win behind their sales with ais tools pushing and amplifying their creativity well you got to work hard at it right i think that's going to be have a higher bar than ever before so that self-motivation i think needs to be there also i think you got to be doing something you love to do i don't think anyone can be amazing unless they're doing what they love those two are really combined you know i think there was a a book by um malcolm gladwell where he talked about the the ten thousand hour rule and that really continues to be true so it's got to be that ten thousand hours plus something you're deeply passionate about um and then that i would add on top of that uh pick something that ai can be put when in your cells if you have that then um i think you know the future will be very very bright the way that you look at the problem is really really interesting and i think too many people probably dismiss you just saying that oh you grew up in america and china so you automatically have this purview but i think that you have an exceptional ability to learn and i'm wondering if um you have a system of learning like how do you go about taking a big problem and really getting perspective on it well i think first you got to have an open mind i i think if you start with any a prejudice that chinese companies are just copycats or silicon valley people just don't work hard then i think you um have blinders on and and don't look at the whole picture and and i think another important thing is meet a lot of people who are smarter than you and ask them questions and pay attention and and follow up and and validate and check the things that you learn if you feel the whole world can be your teacher and you're learning asking questions keeping an open mind that i think probably is what i have done it's really interesting you talk about an open mind so you said something in the book and i was very surprised and you said that um [Music] even if we're wrong and we don't have a soul we're better to believe that we do why is life better if we believe we have a soul well um many people feel either we have a soul or we don't it's a very strong belief that people have if you ask religious people they'll believe of course we have a soul of course ai can never do what we do but if you ask a lot of ai scientists they'll say well it's all um it's all physical matters and we just need to duplicate and replicate everything in our brain and and body then there will be a replica of a human um and of course everything we do are just you know um electrons firing chemical reactions everything can be replicated so how can there be a soul so both team both sides are very dogmatic uh having gone through cancer having seen what are the things that um uh are most important to me and having been humbled by many mysteries that i don't understand i would be with the group that believe we have a soul we're at a very tough juncture in humanity where we face a lot of great technologies and that our collective consciousness is going to create a self-fulfilling prophecy so if we all choose to be optimistic and believe that we have a soul and believe compassion will take us out of any of the issues and believe we'll find a better purpose to humanity then we will but if we believe it's all a downward spiral then it will be that so it's not so much a matter of do we have a soul or not but it's a matter of our collective consciousness will create a self-fulfilling prophecy which is either utopia or a dystopia yeah yeah i love that um you said that there are mysteries that you've encountered that you don't fully understand what are some of those mysteries um why does intuition work why do you when you see someone you either feel affinity or not um why is there placebo effect right by just our determination by believing that this useless drug is going to cure us we actually get cured so those things i think are very hard to explain um with a simple ai can replicate everything we do [Music] yeah that that kind of stuff is really really fascinating to me um one thing that i should have asked you is what what is the soul like what is it that you want people to believe in and why does that make our experience more love-filled and beautiful um i think is a belief that human to human can truly connect and that is not replaced by any machine that is a belief that the human to human connection is true and genuine and that machines cannot do that and and that our soul i think there's also a belief once you believe there's a soul that even when our body dies the soul potentially continues so i think that may or may not be true but i think i'm choosing to believe it um and and you know i think a lot of the religions have that element i think religions also have elements of superstition which is why they're losing traction but i think there's something some memories that people have of of others and the affinity they feel it seems plausible that even when our body dies our soul goes on glad you brought up meaning that's such an important part of the book the the notion that ai can if we're overly focused on working being a reason for existing that there will be this loss of meaning right what are you worried about in the loss of meaning why is it important and how do we avoid it i think ultimately we will need to find the meaning of our existence i think philosophers religions have talked about it i think our pursuit needs to continue but for now we have been brainwashed into thinking many of us think that the meaning of our life is our work and that's understandable because if you go back to the roots of industrial revolution it was a process of creating a lot of jobs that are repetitive and routine that is actually taking artisan's job in making a car let's say into an assembly line job and in order for the many people who are in routine jobs to accept their jobs it would be convenient if they believed that their life was about working work is suffering it's repetitive it's boring but i got to do it and if i do it well and do a lot of it i will earn more money and give my family a better life give my kids a better education so therefore my work is the meaning of life but ai is just the opposite of the industrial revolution it is exactly here to displace those routine jobs that were created by industrial revolution so when those jobs are eradicated and and people have attached their meaning of life to their work and their work is gone displaced by ai and any job they're likely to find may be displaced again by ai i think they will fall into depression substance abuse even suicide there are a lot of evidence that given this brainwash that we have suicide rates depression rates substance abuse rates all go up in prolonged periods of unemployment so i believe when we're facing this significant unemployment in the next 15 or 20 years we can't just hope to cure it by handing social welfare to people by giving them money and saying don't worry you don't have to get a job here's some money to help tie you over because what people lose that's most valuable to them is not the loss of income but the loss of meaning all right before i ask my last question tell these guys where they can find you online uh i'm i'm kaifu lee on twitter just my whole name spell k-a-i-f-u-l-e and my book has a website aisuperpowers.com on which um i'll post my newest writings excellent so my last question what is the impact that you want to have on the world i think the most important impact is really to spread love and to be sincere to people and to do everything from my heart and when i see opportunities share my thoughts in a way that will cause the world to be a better place i like it thank you so much for coming on the show that was amazing thank you all right guys i'm telling you the coming ai revolution is so massive and to let it catch you off guard would really be a tragedy largely for the reason that he already talked about which is there is this real fear of loss of meaning coming because everybody has their identity so tied up in their job and i've never seen anybody more gracefully be able to go from engineer like really talking about the science and what's happening and why it's happening and have such a tremendous understanding of how it's playing out even geopolitically and then yet also in the same book be talking about love and meaning and connection and to be able to share his personal story of his cancer diagnosis and how it changed and i really believe in yuval noah harari's notion that people have he said science fiction writers but i'll take it farther than that and i'll say that people in this realm of dealing with future technologies have a moral obligation to paint a picture of the future that's worth creating if we don't have a vision to strive towards then the odds of us getting there are exactly zero and that is one of the things that i found most extraordinary about his book is he paints this incredible vision of that and i'll encapsulate it with the moment when the go player lost and he said everybody saw this triumph of even taking it so far as to say that it was the west triumphing over china and ai certainly triumphing over man and he said that was to misread the situation and what he saw was a man that loved the game so much that he couldn't help himself but to take on a challenge he knew he would ultimately lose and i loved that that hit me so hard because that's the human experience so i think that this is a truly unique voice he is an ultra credible scientist he has done extraordinary things in the field of ai and what he's doing now from an investment standpoint i think the 50 million followers are just the tip of an iceberg of people that should be paying attention to this man and i hope that you will become one of them all right if you haven't already be sure to subscribe and until next time my friends be legendary take care kaifu thank you thank you so much man it's an absolute pleasure hey everybody thank you so much for watching and being a part of this community if you haven't already be sure to subscribe you're going to get weekly videos on building a growth mindset cultivating grit and unlocking your 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