Don't Listen to the Skeptics, Ai Will Change Your Life for the Better | Joe Lonsdale

**Dave Rubin** (0:00)
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Okay, one judgment.

**Joe Lonsdale** (0:17)
Anyway, give it a try at mintmobile.com/switch.
Upfront payment of $45 for three-month plan equivalent to $15 per month required. Intro rate first three months only, then full price plan options available, taxes and fees extra. See full terms at mintmobile.com. I think we're in the early innings, very clearly, of an industrial revolution. We're seeing lots of new job creation, we're seeing lots of growth. So far, you can see that you're making every person more valuable. Right now, we have seven million unfilled vocational jobs in this country. Everyone always complains online, like, of course people are angry, they're losing their jobs. Like, hey, unemployment's low, but there's lots of ways you can get a job right now if you're willing to work. I think our culture has a problem, people are not willing to work, just not the culture people who can't find work, it's different. I think we have to understand what an industrial revolution is and what productivity growth means. So if you look at America, about every 90 years, we've destroyed about half the jobs. But you know what, if we didn't destroy those jobs, we would all be a lot poorer. You always tell people if you want everyone to have jobs, we ban farm tools and we would not have time. Most of us would be on doing podcasts, we would instead be farming.

**Dave Rubin** (1:11)
So what do you think that does to us as humans?

**Joe Lonsdale** (1:14)
It's obvious thanks to what's happening in AI, both on the new therapies to cure diseases and on how you run healthcare administration and services, we can make healthcare so much better and so much cheaper, so much cheaper, like less than half cost, but everyone does better. But what's the most money in government? It's health care entitlements, as that's by far the most money in government. So of course they start hooking up some of like, you know, Medicare, Medicaid to the NGOs, and then I think we have to like watch all the data at the NGOs really carefully with using Sec Treasury, see the data at CMS for like what they said they were supposed to be doing. You're gonna find tons of product there. All this stuff that would have been like the 2030s, 2040s, 2050s, it's all being accelerated into the next few years.

**Dave Rubin** (1:57)
All right, Palantir Guy, ABC Guy, University of Austin Guy, on Financial News Shows Guy all the time. What else, Lonsdale, before we begin? Joe Lonsdale, as I pour tequila.

**Joe Lonsdale** (2:12)
I'm excited to try your tequila, Dave. Well, only my coolest friends have tequila. I hear this is very good. We also have a policy institute in 20 states, the Cicero Institute. But yes, and this week, it was very big for Palantir. You saw yesterday, we could think that. You know, I don't know if you saw the net income of the company this quarter. It's higher than the revenue was a year ago. So it's growing so fast that it actually, it's like net income gap, net income was higher than revenue. It's crushing it.

**Dave Rubin** (2:34)
Well, in that case, at some point, I'm not going to start the conversation with this. I'm going to ask you once again exactly what Palantir does because you get a lot of different answers. And then we can compare, we can compare your answer in this sit down to when we did this about a year ago in that chair. And we'll see if they match up. But first, cheers, my friend. Welcome back. I think I can call you a Rubin Report veteran now because you've been using the third time. At least the third time. Yeah. So let's see.
Very good.

**Joe Lonsdale** (3:00)
I like it.

**Dave Rubin** (3:00)
Come on. And once you let that breathe a little bit, like it's just the best repo you've ever had. And I was on, the first time I really talked about the process and everything publicly was on your podcast.

**Joe Lonsdale** (3:11)
Can you get this at the grocery store or something?

**Dave Rubin** (3:13)
We're at some stores in Florida right now. We're mostly selling online.

**Joe Lonsdale** (3:16)
But that's a lot. You get to buy online. I just couldn't use the bias online a few years ago.

**Dave Rubin** (3:20)