Niall Ferguson: History of Money, Power, War, and Truth | Lex Fridman Podcast #239
xF6x1ftN-H4 • 2021-11-08
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Kind: captions Language: en the following is a conversation with neil ferguson one of the great historians of our time at times controversial and always brilliant whether you agree with him or not he's an author of 16 books on topics covering the history of money power war pandemics and empire previously at harvard currently at stanford and today launching a new university here in austin texas called the university of austin a new institution built from the ground up to encourage open inquiry and discourse by both thinkers and doers from philosophers and historians to scientists and engineers embracing debate dissent and self-examination free to speak to disagree to think to explore truly novel ideas the advisory board includes stephen pinker jonathan height and many other amazing people with one exception me i was graciously invited to be on the advisory board which i accepted in the hope of doing my small part in helping build the future of education and open discourse especially in the fields of artificial intelligence robotics and computing we spend the first hour of this conversation talking about this new university before switching to talking about some of the darkest moments in human history and what they reveal about human nature this is the lex friedman podcast to support it please check out our sponsors in the description and now here's my conversation with neil ferguson you are one of the great historians of our time respected sometimes controversial you've flourished in some of the best universities in the world from nyu to london school of economics to harvard and now to hoover institution at stanford before we talk about the history of money war and power let us talk about a new university you're part of launching here in austin texas it is called university of austin uatx what is its mission its goals its plan i think it's pretty obvious to a lot of people in higher education that there's a problem and that problem manifests itself in a great many different ways but i would sum up the problem as being a drastic chilling of the atmosphere that constrains free speech free exchange even free thought and i had never anticipated that this would happen in my lifetime my academic career began in oxford in the 1980s when anything went one sensed that a university was a place where one could risk saying the unsayable and debate the undebatable so the fact that in a relatively short space of time a variety of ideas critical race theory or wokeism whatever you want to call a variety of ideas have come along that seek to limit and quite drastically limit what we can talk about strikes me as deeply unhealthy and i'm not sure and i've thought about this for a long time you can fix it with the existing institutions i think you need to create a new one and so after much deliberation we decided to do it and i think uh it's a hugely timely opportunity to do what people used to do in this country which was to create new institutions i mean that used to be the default setting of america we sort of stopped doing that i mean i look back and i thought why why why are there no new universities or at least if there are why do they have so little impact it seems like we have the billionaires we have the need let's do it so you still believe in institutions in the university in the ideal of the university i believe passionately in that ideal there's a reason they've been around for nearly a millennium there is a a unique thing that happens on a university campus when it's done right and that is the transfer of knowledge between generations that is a very sacred activity and it seems to withstand major changes in technology so this form that we call the university predates the printing press survive the printing press continue to function through the scientific revolution the enlightenment uh the industrial revolution to this day and i think it's because maybe because of evolutionary psychology we need to be together in one relatively confined space when we're in our late teens and early 20s for the knowledge transfer between the generations to happen that's my feeling about this but in order for it to work well there need to be very few constraints there needs to be a sense that one can take intellectual risk remember people in their late teens and early 20s are adults but they're inexperienced adults and if i look back on my own time as an undergraduate saying stupid things was my mo my way to finding good ideas was through a minefield of bad ideas i feel so sorry for my for people like me today people age 18 19 20 today who are uh intellectually very curious ambitious but inexperienced because the minefields today are absolutely lethal and you know one wrong food and it's cancellation i said this to peter thiel the other day imagine being asked now i mean we were obnoxious undergraduates there's nothing that peter did at stanford that andrew sullivan and i were not doing at oxford uh and perhaps we were even worse but it was so so not career ending to be to be an absolutely insufferable obnoxious undergraduate then today if we if we if people like us exist today they must live in a state of of constant anxiety that they're going to be outed for some heretical statement that they made five years ago on social media so part of what motivates me is that it's the desire to give uh the means of today a shot at free thinking and really i i'd call it uh aggressive learning learning where you're really pushed and i just think that stopped happening on the the major campuses because whether at harvard where i used to teach at stanford where i'm now based i i sense a kind of suffocating atmosphere of self-censorship that that means people are afraid to take even minimal risk in in class i mean just just take for example a survey that was published earlier this year that revealed this is of undergraduates in four-year programs in the us 85 percent of self-described liberal students said they would report a professor to the university administration if he or she said something they considered offensive and something like 75 said said they do it to a fellow undergraduate that's the kind of culture that's evolved in our universities so we need a new university in which none of that is true in which you can speak your mind say stupid things get it completely wrong and live to to tell the tale there's a lot more going on i think because when you start thinking about what's wrong with a modern university many many more things suggest themselves and i think there's an opportunity here to build something that's radically new in in some ways and radically traditional in other ways for example i have a strong preference for the tutorial system that you see at oxford and cambridge which is small group teaching and and highly socratic in its structure i think it'd be great to bring that to the united states where it doesn't really exist but at the same time i think we should be doing some very 21st century things making sure that while people are reading and studying classic works they're also going to be immersed in the real world of technological innovation a world that you know very well and i'd love to get a synthesis of the ancient and classical which we're gradually letting fade away with the novel and technological so we we want to produce people who can simultaneously talk intelligently about adam smith or for that matter shakespeare or proust and have a conversation with you about where a.i is going and how long it will be before i can get driven here by a self-driving vehicle allowing me to have my lunch and prepare rather than focus on the other crazy people on the road so that's the dream that we can create something which is you know partly classical and partly 21st century and we look around and we we don't see it if you if you don't see an institution that you really think should exist i think you have a more responsibility to create it so you're thinking including something bigger than just liberal education also including science engineering and technology i should also comment that you know i mostly stay out of politics and out of some of these aspects of liberal education that kind of been the most controversial and difficult within the university but there is a kind of ripple effect of fear within that space into science and engineering and technology that i think has uh has a nature that's difficult to describe it doesn't have a controversial nature it just has a nature of fear where you're not you know you're not just saying stupid stuff as a young 20 year old you know for example deep learning machine learning is really popular in the computer science now as an approach for creating artificial intelligence systems it's it is controversial in that space to say that anything against machine learning saying sort of exploring ideas that saying this is going to lead to a dead end um now that that takes some guts to do as a young 20 year old within uh within a classroom to think like that to raise that question in a machine learning course it sounds ridiculous because it's like who's going to uh complain about this but the the fear that starts in uh in a course on history or on the some course that covers society the fear ripples and affects those students they're asking big out of the box questions about engineering about computer science and there's a lot you know there's like linear algebra that's not going to change but then there's like applied linear algebra which is machine learning and that's when robots and real systems touch human beings and that's when you have to ask yourself these difficult questions about about humanity even in engineering and science and technology courses and these are not separate worlds in two senses i've just taken delivery of my copy of the book that eric schmidt and henry kissinger have co-authored on artificial intelligence the central question of which is what does this mean for us broadly but they're not separate worlds you know in cp snow's sense of you know the the chasm between science and arts because on a university campus everything is contagious from a novel coronavirus to the behaviors that are occurring in the english department those behaviors if denunciation becomes a norm you know undergraduate denounces professor teaching assistant denounces undergraduate those behaviors are contagious and will spread inexorably first to social science and then to natural sciences and i think that's that's part of the reason why when this started to happen when we started to get the origins of disinvitation and cancel culture it was not just a few conservative professors in the humanities who had to worry everybody had to worry because eventually it was going to come even to the most apparently hard stem part of the the campus it's it's contagious this is something nicholas christakis should look at because he's very good at looking at the way in which social networks like the ones that exist in a university can spread everything but i think when when we look back and ask why did wokism spread so rapidly and rapidly out of humanities into other parts of universities and why did it spread across the country and d beyond the united states to the other english-speaking universities it's because it's a contagion uh and and these behaviors are contagious the president of a university i won't name said to me that he receives every day at least one denunciation one call for somebody or other to be fired for something that they said that's the crazy kind of totalitarianism light that now exists in our uh our universities and of course the people who want to downplay this say oh well there only have been 100 and something in dis invitations or oh there really aren't that many cases but the point is that the famous events the events that get the attention are responsible for a general chilling that as you say spreads to every part of the university and creates a very familiar culture in which people are afraid to say what they think self-censorship look at the heterodox academy data on this grows and grows so now a majority of students will say this is clear from the latest heterodox academy surveys we are scared to say what we think in case we get denounced in case we get cancelled but that's just not the correct atmosphere for a university in a free society to me what's really creepy is how many of the behaviors i see on university campuses today are reminiscent of the way that people used to behave in the soviet union or in the soviet bloc or in maui's china the sort of totalitarianism light that i think we're we're contending with here which manifests itself as denunciations people informing on superiors some people using it for career advantage other people reduced to hapless desperate apology to try to exonerate themselves people disappearing metaphorically if not literally all of this is so reminiscent of the totalitarian regimes that i studied earlier in my career that it makes me feel sick and what makes me really feel sick is that the people doing this stuff the people who write the letters of denunciation are apparently unaware that they're behaving exactly like people in stalin's soviet union they don't know that so they clearly have there's been a massive educational failure if somebody can write an anonymous or non-anonymous letter of denunciation and not feel shame i mean you should feel morally completely contaminated as you are doing that but but people haven't been taught the realities of totalitarianism for all these reasons i think you need to try at least to create a new institution where those pathologies will be structurally excluded so maybe a difficult question maybe you'll push back on this but you're widely seen politically as a conservative hoover institution is politically conservative what is the role of politics at the university of austin because some of the ideas people listening to this when they hear the ideas you're expressing they may think there's a lien to these ideas there's a conservative lean to these ideas is there such a lien there will certainly be people who say that because the standard mode of trying to discredit any new initiative is to say oh this is a sinister conservative plot but one of our co-founders heather heing is definitely not a conservative she's as committed to the idea of academic freedom as i am but i think on political issues we probably agree on almost nothing and at least i i would guess but but politics max weber made this point a long time ago the politics really should stop at the threshold of the the classroom of the lecture hall and in my career i've always tried to make sure that when i'm teaching it's not clear where i stand politically though of course undergraduates and insatiably curiously want to know but it shouldn't be clear from what i say because indoctrination on a political basis is an abuse of the power of the professor as weber rightly said so i think one of the key principles of of the university of austin will be that barbarian principle that politics is not an appropriate uh subject for the lecture hall for the classroom and we should pursue truth and enshrine liberty of thought if that's a political issue then i can't help you i mean if you're against freedom of thought then we don't really have much of a discussion to have and clearly there are some people who politically seem quite hostile to it but my sense is that there are plenty of people on the left in academia i think of that interesting partnership between cornell west and robbie george which has been institutionalized in the academic freedom alliance it's bipartisan this issue it really really is after all 50 years ago it was the left that was in favor of free speech the right still has an anti-free speech element to it look how quickly they're out to ban critical race theory critical race theory won't be banned at the university of texas wokism won't be banned everything will be up for discussion but the rules of engagement will be clear chicago principles those will be enforced and if you have to give a lecture on well let's just take a recent example uh the dorian abbott case if you're giving a lecture on astrophysics but it turns out that in some different venue you express skepticism about a formative action well it doesn't matter it's irrelevant we want to know what your thoughts are on astrophysics because that's what you're supposed to be doing a lecture on that used to be understood i mean at the oxford of the 1980s there were communists and there were ultratories at cambridge there were people who were so reactionary that they celebrated franco's birthday but they were also out and out communists down the road at king's college the understanding was that that kind of intellectual diversity was part and parcel of university life and frankly for undergraduate it was great fun to cross the road and go from you know outright conservatism ultra tourism to communism one learns a lot that way but the issue is when you're promoting or hiring or tenuring people their politics is not relevant it really isn't and when it started to become relevant and i remember this coming up at the harvard history department late in my time there felt deeply deeply uneasy that we were having conversations that amounted to well we can't heart x person despite their obvious academic qualifications because of some political issue that that's not what should happen at a healthy university some practical questions will university of austin be a physical in person university or virtual university what are some uh in that aspect where the classroom is it will be a real space institution there may be an online dimension to it because there clearly are a lot of things that you can do uh via the internet but the core activity of of teaching and learning i think requires real space and i've thought about this a long time debated sebastian throne about this many many years ago when he was a complete believer in let's call it the metaversity to go with the metaverse i mean the metaversity was going to happen wasn't it but i never really believed in the metaversity i didn't do moocs because i just didn't think you'd a be able to retain the attention b be able to cope with the scale scaled grading that was involved i think there's a reason universities have been around and that they're formed for about a millennium you kind of need to all be in the same place so i think answer to that question definitely a campus in the austin area that's where we'll start and if we can allow some of our content to be available online great we'll certainly do that another question is what kind of courses and programming will it offer is that something you can speak to what's your vision here we think that we need to begin more like a startup than like a full service university from day one so our vision is that we start with a summer school which will offer provocatively the forbidden courses we we want i think to begin by giving a platform to the professors who've been most subject to council culture and also to give an opportunity to students who want to hear them to come so we'll start with the summer school that will be somewhat in the tradition of uh of those institutions in the interwar period that were havens for refugees so we're we are dealing here with the internal refugees of of the work era we'll start there uh it'll be an opportunity to test out some uh some content see what uh students will come uh and spend time in austin to hear so that's part a that's the sort of uh if if you like the launch product and then we go straight to a masters program i don't think you can go to undergraduate education right away because the established brands in undergraduate education are offering something it's impossible to compete with initially because they have the brand harvard yale stanford and they offer also this peer network which is part of the reason people want so badly to go to those places not really the professors it's the classmates so we don't want to compete there initially where there is i think room for new entrants is in a masters program and the first one will be in entrepreneurship and leadership because i think there's a huge hunger amongst people who want to get into particularly the technology world to learn about those things and they know they're not really going to learn about them at business schools the people who are not going to teach them leadership and entrepreneurship are professors so we want to create something that will be a little like the very successful schwarzman program in china which was come and spend a year in china and find out about china we'll be doing the same essentially saying come and spend a year and find out about technology and there'll be a mix of academic content we want people to understand some of the first principles of what they're studying there are first principles of entrepreneurship and leadership but we also want them to spend time with people like one of our co-founders joe lonsdale who's been a hugely successful venture capitalist and and learned directly from people like him so that's the kind of initial offering i think there are other masters programs that we will look to roll out quite quickly i have a particular passion for a masters in applied history or politics and applied history i'm a historian driven crazy by the tendency of academic historians to drift away from what seemed to me the important questions and certainly to drift away from addressing policy relevant questions so i would love to be involved in in in a masters in applied history and we'll we'll build some programs like that before we get to the full liberal arts uh experience that we envisage for an undergraduate program and that undergraduate program is an exciting one because i think we can be innovative there too i i would say two years would be spent doing some very classical and difficult classical things those old divides between arts and sciences but then there would also be in the second in the second half in the junior and senior years something somewhat more of an apprenticeship where we'll have centers including a center for uh technology engineering mathematics that will be designed to to help people make that transition from the theoretical to the the practical so that's the vision uh and i think like any like any early stage uh idea we'll doubtless tweak it as we go along we'll find things that work and things that don't work but i have a very clear sense in my own mind of how this should look five years from now and i don't know about you i mean i i'm unusual as an academic because i quite like starting new institutions and i've done a bit of it in my career you got to kind of know what it should look like after the first four or five years to get out of bed in the morning and put up with all the kind of hassles of doing it not not least the inevitable flack that we we're bound to take from the educational establishment and i was graciously invited to be an advisor to this university of austin and one the reason i would love to help in whatever way i can is several so one i would love to see austin the physical location flourish intellectually and especially in the space of science and engineering that's really exciting to me another reason is i am still a research scientist at mit i still love mit and i see this effort that you're launching as a as a beacon that leads the way to the other elite institutions in the world i think too many of my colleagues and especially in robotics kind of see don't see robotics as a humanities problem but to me robotics and ai will define much of our world in the next century and for not to consider all the deep psychological sociological human problems associated with that to have real open conversations to say stupid things to challenge the ideas that of how companies are being run for example that is the safe space it's very difficult to talk about the difficult questions about technology when you're employed by facebook or google and so on the university is the place to have those conversations that's right we're hugely excited that you want to be one of our advisors we we need a a broad and an eclectic group of people and i'm excited by the way that group has has has developed uh it has some of the some of my favorite intellectuals are there uh steve pinker uh for example uh but but we're also you know making sure that we have people with experience in academic leadership and so it's a it's a happy uh coalition of the willing looking to try to build something new which as you say will be complementary to the existing and established institutions i think of the academic world as a as a network i've moved from some major hubs in the network uh to others but i've always felt that we do our best work not in a silo called oxford but in a silo that that is really a hub connected to stanford connected to harvard connected to mit one of the reasons i moved to the united states was that i sensed that there was more intellectual action in my original field of expertise financial history and that was right it was it was a good move i think i'd have stagnated if i'd stayed at oxford but at the same time i i haven't lost connection with oxford i recently went and gave a lecture there in honour of sir roger scrutin one of the great conservative philosophers and the burden of my lecture was the idea of the anglo-sphere which appealed a lot to roger will go horribly wrong if illiberal ideas that inhibit academic freedom spread all over the anglo-sphere and this network gets infected with these i think deeply uh deeply damaging notions so yeah i think we're creating a new node uh i hope it's a node that makes the network overall more resilient and right now there's an urgent need for it i mean there are people whose academic careers have been terminated uh i'll name two who are involved peter bogosian who was harassed out of portland state for the reason that he was one of those uh intrepid figures who carried out the grievance studies hoaxes exposing the utter charlatan ray going on in many supposedly academic journals by getting phony gender studies articles published was genius and of course so put the noses out of joints of the academic establishment that he began to be subject to disciplinary actions so peter is going to be involved and in a recent uh shocking british case the philosopher kathleen stock has essentially been run off the campus of sussex university in england uh for trans uh for violating the the increasingly complex rules about discussing transgender issues and women's rights she will be uh one of our advisors and i think also one of our founding fellows actually teaching uh for us in our in our first uh iteration so i think we're creating a node that's badly needed those people i mean i remember saying this to the uh the other founders when we first began to talk about this idea uh to barry weiss uh and to panic and losses pano canelos as well as to heather heing we need to do this urgently because there are people whose livelihoods are in fact being destroyed by these extraordinarily illiberal campaigns against them and so there's no time to hang around and come up with the perfect design this this is an urgently needed lifeboat and let's start with that and then we can build something spectacular taking advantage of the fact that all of these people have well they now have very real skin in the game they they need to make this a success and and i'm sure they will help us make it a success so you mentioned some interesting names like heather heing barry weiss and so on stephen pinker somebody i really admire he too was under a lot of quite a lot of fire uh many reasons i admire him one because of his optimism about the future and two how little of a dam he seems to give about the like walking through the fire there's nobody more zen about walking through the fire than stephen pinker but anyway you mentioned a lot of interesting names jonathan height is also interesting there um who is involved with this venture at this early days well one of the one of the things that that i'm excited about is is that we're getting people from inside and outside the academic world so we've got arthur brooks who for many years ran the american enterprise very s enterprise institute very successfully has a harvard role now teaching uh and uh and so he's somebody who brings i think a different perspective there's obviously a a need to get uh experienced uh academic leaders involved which is why i was talking to larry summers about whether he would join our uh board of advisors uh the chicago principals owe a debt uh to the former president of chicago and he's uh graciously agreed to be in the board of advisors i could go on it would become a long and tedious list but my goal in in trying to get this happy band to form has been to signal that it's a bipartisan endeavor it is not a conservative institution that we're trying to build it's an institution that's committed to academic freedom and the pursuit of truth that will mean it uh when it uh takes uh robert zimmer's chicago principles and enshrines them in its its founding charter and will make those uh something other than honored in the breach which they seem to be at some institutions so the idea here is is to grow this organically we need rather like the academic freedom alliance that robbie george created earlier this year we need breadth and we need to show that this is not some kind of institutionalization of the intellectual dark web uh though we welcome founding members of that that nebulous body it's really something designed for all of academia to provide a kind of reboot that i i think we all agree is is needed is there a george washington type figure who is is there a president elected yet or is is who's going to lead this institution hannah canelos the former president of st john's is the president of university of austin and so he is our george washington i don't know who alexander hamilton is i'll lead you to guess it's funny you mentioned idw intellectual dark web have you uh talked to your friend sam harris about but any others he um he is another person i really admire and i've talked to online and offline quite a bit for not belonging to any tribe he stands boldly on his convictions when he knows they're not going to be popular with like he based he basically gets canceled by every group he sort of he doesn't shy away from controversy and not for the sake of controversy itself he is one of the best examples to me of a person who thinks freely i disagree with him on a few quite a few things but i deeply admire that he is he he is what it looks like to think freely by himself it feels to me like he represents a lot of the ideals of this kind of effort yes he would be a natural fit sam if you're listening i hope you're in uh i think in in the course of his recent intellectual quests he did collide with one of our founders heather hying so we'll have to model civil disagreements at the university of austin it's extremely important that we should all disagree about many things but do it amicably one of the things that has been lost sight of perhaps it's all the fault of twitter or maybe it's something more profound is that it is possible to disagree in a civil way and and still be friends i certainly had friends at oxford who were far to the left of me politically and they are still among my best friends so the university of austin has to be a place where we can disagree uh we can disagree vehemently but we can then go and have a beer afterwards that's that's in my mind a really important part of university life learning the difference between the political and the and the personal so sam is a i think a a good example as a you of a certain kind of intellectual hero who has been willing to go into the cyber uh sphere the metaverse and carve out an intellectual space the podcast and debate everything fearlessly his uh essay was really an essay on black lives matter and the question of police racism was a masterpiece of 2020 and and so he i think is a a model of what we believe in but we can't save the world with podcasts good though yours is because there's a kind of solo element to this form of public intellectual activities it's also there in substance where all our best writers now seem to be including our founder barry weiss the danger with this uh approach is ultimately your subscribers are the people who already agree with you and we are all therefore in danger of preaching to the choir i think what makes an institution like university of austin so attractive is that we get everybody together uh at least part of the year and we do that informal interaction at lunch at dinner uh that allows in my experience the best ideas to form intellectual activity isn't really a solo voyage historians often make it seem that way but i've realized over time that i do my best work in a collaborative way and scientists have been better at this than people in the humanities but what really matters what what's magical about a good university is that interdisciplinary serendipitous conversation that happens on campus tom sergeant the great nobel prize-winning economist and i used to have these kind of random conversations in elevators at nyu or in corridors at stanford and sometimes they'd be quite short conversations but in that short serendipitous exchange i would have more intellectual stimulus than in in many a seminar lasting an hour and a half so i think we want to get the sam harris's and and lex friedman's out of their darkened rooms and give them a chance to interact in a much less structured way than we've got got used to again it's that it's that sense that sometimes you need some free willing unstructured debate to get the really good ideas i mean to talk anecdotally for a moment i look back on my oxford undergraduate experience and i wrote a lot of essays and attended a lot of classes but intellectually the most important thing i did was to write an essay on the viennese satirist carl krause for a an undergraduate discussion group called the cannon club and i probably put more work into that paper than i put into anything else except maybe my final examinations even although there was only really one senior member present the historian jeremy cato i was really just trying to impress my contemporaries and that's the kind of thing we want the great intellectuals the great intellectual leaps forward occurred often in somewhat unstructured settings i'm from scotland you can tell from my accent a little at least the enlightenment happened in late 18th century scotland in a very interesting interplay between the universities which were very important glasgow edinburgh st andrews and the coffee houses and and pubs of uh the scottish cities where a lot of unstructured discussion often fueled by copious amounts of wine to place that's what i've missed over the last few years let's let's just think about how hard academic social life has become that we've reached the point that amy chua becomes the object of a full-blown investigation and media storm for inviting to yale law school students over to her house to talk i mean when i was at oxford it was regarded as a tremendous honor to be asked to go to one of our tutors homes the social life of oxford and cambridge is one of their great strengths there's a sort of requirement to sip unpleasant sherry with the dons and we've kind of killed all that we've killed all that in the us because nobody dares have a social interaction with an undergraduate or exchange an informal email in case the whole thing ends up on the front page of the local or student newspaper so that that's what we need to kind of restore the the social life of academia so there's magic we didn't really address it sort of explicitly but there's magic to the interaction between students there's magic in the interaction between faculty the people that teach and there's the magic and the interaction between the students and the faculty and it's it's an iterative process that changes everybody involved so it's like world experts in a particular discipline are changed as much as the students as the 20 year olds with the with the wild ideas each are changed and that's the magic of it that applies in liberal education that applies in this in the sciences too that's probably maybe you can speak to this why so much scientific innovation has happened in universities there's something about the youthful energy of like young minds graduate students undergraduate students that inspire some of the world experts to do some of the best work of their lives yeah well the human brain we know is at its most dynamic uh when people are pretty young you know this with your background in math people don't get better at math after the age of 30. and this is important when you think about the intergenerational character of university the older people the professors have the experience but they're fading intellectually from much earlier than anybody really wants to admit and so you get this intellectual shot in the arm from hanging out with people who are circa 20 don't know shit but the brains are kind of like cooking yeah i look back on the career i've had in teaching which is over 25 years where cambridge oxford nyu harvard and uh i have extremely strong relationships with with students uh from those institutions because they would show up whether it was at office hours or in tutorials and disagree with me and for me it's always been about encouraging some active intellectual rebellion telling people i don't want your essay to echo my views if you can find something wrong with what i wrote great or if you can find something i missed that's new fantastic so there is definitely as you said a magic in that interaction across the generations and it's extraordinarily difficult i think for an intellectual to make the same progress in a project in isolation compared with the progress that can be made in these very very special communities what does a university do amongst other things it creates a somewhat artificial environment of of abnormal job security that's the whole idea of giving people tenure and then a relatively high turnover new faces each year and an institutionalization of thought experiments and actual experiments and then you get everybody living in the same kind of vicinity so that it can spill over into 3 a.m conversation well that that always seems to me to be a pretty potent combination let's ask ourselves a counterfactual question next let's imagine let's imagine that uh the the world wars happen but but there are no universities i mean how does the manhattan project happen with with no academia to take just one of many examples in truth how does britain even stay in the war without bletchley park without uh be being able to crack the german uh cipher the academics are unsung partly sung heroes of these conflicts the same is true in the soviet union the soviet union was a terribly evil and repressive system but it was good at science and that kept it in the game not only in in world war ii kept it in the cold war so it's clear that universities are incredibly powerful intellectual force multipliers and our our history without them would look very different sure some innovations would have happened without them that's clear the industrial revolution didn't need universities in fact they played a very marginal role in the key technological breakthroughs of the industrial revolution in its first phase but by the second industrial revolution in the late 19th century german industry would not have leapt ahead of british industry if the universities had not been superior and it was the fact that the germans institutionalized scientific research in the way that they did that really produced a powerful powerful advantage uh the problem was that this is a really interesting point that friedrich meinecker makes in d deutsche catestor for the german catastrophe the german intellectuals became technocrats homo faber he says they knew a great deal about their speciality but they were alienated from broadly speaking humanism and that is his explanation one of his explanations for why this very scientifically advanced germany goes down the path of hell led by hitler so when i come back and ask myself what is it that we want to do with a new university we want to make sure that we we don't fall into that that german pit where very high levels of technical and scientific expertise are decoupled from the fundamental foundations of of a free society so liberal arts are there i think to stop the scientists making fausty impacts and that that's why it's really important that people working on ai read shakespeare i think you said the academics are unsung heroes of the 20th century i think there's kind of an intellectual a lazy intellectual desire to kind of destroy the academics that the academics are the source of all problems in the world and i personally believe that exactly as you said we need to recognize that the university is probably where the ideas that will protect us from the catastrophes that are looming ahead of us is that's where those ideas are going to come from people who who work on economics can argue back and forth about john main arcanes but i think it's pretty clear that he was the most important economist and certainly the most influential economist of the 20th century and i think his ideas are looking better today in the wake of the financial crisis than they have at any time since the 1970s but imagine imagine john maynard keynes without cambridge you can't because someone like that doesn't actually doesn't actually exist without the incredible hot house that a place like cambridge wars in keynes's life he was a product of a kind of hereditary intellectual elite it had its vices but you can't help but admire the sheer power of the mind i've spent a lot of my career reading keynes and i i revere that intellect it's so so powerful but you can't have people like that if you're not prepared to have king's college cambridge and and it comes with redundancy i think that's the point there are lots and lots of things that are very annoying about academic life that you just have to you have to deal with they're they're made fun of in that recent netflix series the chair and it is easy to make fun of academic life uh tom sharpe's porterhouse blue did it it's it's an inherently comical subject professors at least used to be amusingly eccentric but we've sort of killed off that side of academia by turning it into an increasingly doctrinaire place where eccentricity is not tolerated i'll give you an illustration of this i had a call this morning from a british academic who said can you can you give me some advice because they're trying to decolonize the curriculum this is coming from the diversity equity and inclusion officers and it seems to me that what they're requiring of us is a fundamental violation of academic freedom because it is determining ex-ante what we should study and teach that's what's going on and that's the thing that we really really have to resist because that kills the university that's that's the moment that it stops being the magical place of intellectual creativity and simply becomes an adjunct of the ministry of propaganda i've loved the time we spent talking about this because it's such a hopeful message for the future of the university that i still share with you uh the love of the ideal of the university so very practical question you mentioned uh summer which summer are we talking about so when uh i know we don't want to put hard dates here but what year are we thinking about when is this thing launching what are your thoughts on this we are moving as fast as our resources allow uh the goal is to offer the first uh of the forbidden courses uh next summer summer of 2022 and we hope to be able to launch an initial uh albeit relatively small scale masters program in the fall of next year that's that's as fast as is humanly possible uh so yeah we're really we're really keen to get going and i think the the approach we're taking is uh somewhat imported from silicon valley think of this as a startup don't think of this as something that has to exist as a full service university on on day one we don't have the results of that you need billions and billions of dollars to build a university sort of as a as a facsimile of an existing university but that's not what we want to do i mean copying copying and pasting harvard or year or stanford would be a futile thing to do they would probably you very quickly end up with the same pathologies so we do have to come up with a different design and one way of doing that is to grow it organically from something quite small elon musk mentioned in his usual humorous way on twitter that he wants to launch the texas institute of technology and science tits some people thought this was sexist because of the acronym tits so first of all i understand their viewpoint uh but i also think there needs to be a place for humor on the internet even from ceo so on this podcast i've gotten a chance to talk to quite a few ceos and what i love to see is authenticity and humor is often a sign of authenticity the the quirkiness that you mentioned is such a beautiful characteristic of professors and faculty and great universities is also beautiful to see as ceos especially founding ceo so anyway the deeper point he was making is showing an excitement for the university as a place for big ideas in science technology engineering so to me if there's some kind of way if there is a serious thought that he had behind this tweet not to analyze elon musk's twitter like it's shakespeare but if there's a serious thought um i would love to see him supporting the the flourishing of austin as a place for science technology for these kinds of intellectual developments that uh that that we're talking about like make make a place for free inquiry civil disagreements coupled with great education and conversations about artificial intelligence about technology about engineering so i'm actually gonna uh i hope there's a serious idea behind that tweet and i'm gonna i'm gonna chat with him about it i do too i do too i uh most of the uh biggest uh storms and teacups of my academic career have been caused by bad jokes that i've made these days if you want to make bad jokes being a billionaire is a great idea uh i'm not here to defend elon's uh twitter style or sense of humor he's not gonna be remembered for his tweets i think uh he's gonna be remembered for the astonishing companies that he's built and his his contributions in a whole range of of fields from spacex to tesla and solar energy and i very much hope that we can interest elon in this project we need not only elon but a whole range of uh his peers because this takes resources universities are not cheap things to run especially if as i hope we can make as much of uh the the tuition uh covered by scholarships and bursaries we we want to attract the best intellectual talent to this institution the best intellectual talent is somewhat randomly distributed through society and some of it is in the bottom quintile of the income distribution and that makes it hard to get to elite education so this will take resources the last generation of super wealthy plutocrats the generation of the gilded age of the late 19th century did a pretty good job of founding universities chicago wouldn't exist uh but for the money of that era and so my message to not only to elon but to all of the peers all of those people who made their billions uh out of technology over the last couple of decades is this is your time i mean and this is your opportunity to create something new i can't really understand why the wealthy of our time are content to hand their money i mean think of the vast sums mike bloomberg recently gave to johns hopkins to his established institutions when on close inspection those institutions don't seem to spend the money terribly well and in fact one of the mysteries of our time is the lack of due diligence that hard-nosed billionaires seem to do when it comes to philanthropy so i think there's an opportunity here for this generation of very talented wealthy people to to do what their their counterparts did in the late 90s and early 20th century and and create some new institutions and they don't need to put their names on the buildings they just need to do what what the founders of of chicago university of chicago did create something new that will that will endure yeah uh mit is launching a college of computing and um steven schwartzman has given quite a large sum of money i think in total a billion dollars and as somebody who loves computing and somebody who loves mit i want some accountability uh for mit becoming a better institution and this is once again why i'm excited about university of austin because it serves as a beacon look you can create something new and this is what the great institutions of the future should look like and steve schwartzman uh is also uh an innovator the idea of creating a college on the tsinghua campus and creating a kind of rhodes program for students from the western world to come study in china was was steve's idea and and i was somewhat involved did some visiting professing there it taught me that you can create something new uh in that area of graduate education and quite quickly attract really strong applicants because the people who finish their four years at harvard or stanford know that they don't know a lot and i having taught a lot of people in that group know how intellectual
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