Apple Co-Founder Wozniak on Zuckerberg, AI, Crypto

it's been a massive wave of change over the last decade yes now we've got a lot of the voice assistance integrating artificial intelligence when you look to the future what are the industries that are gonna see even more change off the back of AI okay ai is really training computers given the methods that they can actually teach themselves and learn at such high speeds millions of times a second a billion times a second no human being could do that kind of learning to learn how to play games to learn how to operate things even to learn how to speak better how people are using voice and words you know if you feed enough data into them but it's not like the way the brain works at all it's just high-level computer stuff it gives us big advantages in our lives for example being able to look at a scene and evaluate it for driving a car are there any things in the way that are obstacles I should pay attention to that kind of fast thinking isn't something that we know how to program it and we know how to say it in a program necessarily but we can teach a machine learn it and learn how to do it better and faster there's a lot of data on the internet you have a question about the world and you're gonna ask an assistant like Alexa or Apple's Siri and all that data on the Internet has just got to be sort of pre scanned but artificial intelligence is not like a brain it's not like a brain that says oh here's what I'm being asked and here's how I'm gonna go find it no never once as AI been asked it has it has it sat down and said what should I do next it just doesn't work like a human it sees a picture of a dog and it knows what a picture of a dog is better than a human but it doesn't know that the dog has arms and legs and eyes you look at the self-driving cars you look at the robots that are becoming more and more agile and adaptable and the question becomes as businesses begin to benefit from that some human jobs many human jobs are lost of the back of that what's gonna be the economic and social impact of AI I haven't bought into that for one thing yeah computers replacing humans it's generally a task it's a very simple task done over and over robots robotics machines that can assemble things on a factory very fast and do the same thing over and over it's a dumb level job dumber than any in no human being would be a dump job unless they were totally dumb but so it's not really a type of smartness now we're talking about artificial intelligence moving up but the the the brain level the thinking level machines along for a long time have replaced muscles to build cars and do everything else but now they're getting up to where oh they can do some of what we call thinking but it's not thinking like a real brain you know I tried to point out my example of teach you can show Google 80,000 pictures of dogs and it still doesn't know what a dog is made out of it it doesn't take a little take a self-driving car it showed every picture of every sign it's likely to encounter on a highway and the unusual sign it's still not going to know what it is it's not gonna know how to read words that somebody wrote on the fly it's not gonna be like the dumbest human driver in the world I've seen many many obstacles driving my partially assisted cars on the highway and absolutely I might I might take a drive for four days a fro and a hundred times have to correct it to avoid something that was kind of dangerous that no no car system will see ever that's like what the future of startups it's shaping up to be a big year for Silicon Valley and you've got some of the names that are gearing up for an IPO you got uber you got lyft you got Airbnb what is the next generation of startups that you are watching well I'm not I don't really I'm not the business type I'm the technology type so I look for different technologies and those are ongoing life things very often when I'm associated with a company I urge them to hold off as long as you can from an IPO because then you're no longer running your own company the shareholders are you know and your decisions are a lot different so I'm not really looking at any specific technologies or companies and I wouldn't think about them in terms of how do we get to an IPO anyway it's just not how I think I only think of how do we make a product and what will it do that's good for society well let's pick up on the on the tech angle you've said in the past that you believe the Bitcoin is going to be the world's single currency or you hope that is is going to be the world's single currency we see massive value destruction in Bitcoin are you still a believer in that is still is that still that a workable model for you I'm not sure I can buy that we've seen massive value destruction I think see massive value creation there was I think a period of time psychology will often drive like stock market dips in that oh my gosh got to get out now get a get out now did the psychology factors kind of a fear thing and there was this idea that my gosh Bitcoin might go up to $40,000 and went to 20,000 I had a lot of Bitcoin like some Bitcoin but I did never as an investor I only had Bitcoin to experiment with and find out how to buy and sell things around the world how to travel how to find restaurants that would accept Bitcoin that sort of thing and so when it went up high I said well wait a minute I do not want to be one of these people I've never and I don't guess any stocks I've never used Apple stock app I don't want to be one these people watching the price of Bitcoin so I sold out and I don't know where it is now but wherever it is it's way over what I bought and I still experiment with it on new Bitcoin devices and all we've seen tech leadership across the board get into quite a bit of trouble online and I'm thinking here of Facebook with Mark Zuckerberg I'm thinking here of Jack Dorsey on Twitter when you see these issues and he's spoken about this quite clearly in the past what what is what is the message that you want to send when you see the scandal first of all I think Jack Dorsey is doing a lot more than Mark Zuckerberg to correct it I lost a lot of respect for Mark Zuckerberg watching him speak and answer questions and supposedly taking some steps that are nothing but not not one nickel or one penny of of Facebook's you know income and I don't trust that now there's a company there's a in the the social web called Foursquare out of New York and Foursquare you rate different restaurants and places you go in companies and they keep a lot of data they have been offered millions of dollars for their data on the users and they've turned it down because it was unethical so you can make a choice and still have it you can draw the line at a good place and not a bad place I am and IIIi quit my Facebook account and I've really never used Twitter is it time for the government to get more involved I mean there are a few hewlet just in legislative efforts but clearly that needs to take up be taken up more seriously probably a regulation is good regulation is a thing that says companies will not do a certain bad things or countries governments will not do bad things we have a constitution and the bill of rights in the Constitution everyone has written the government shalt not pass a law Congress shall not pass a law it says you will you will not do the government will not do certain bad things and that kind of regulation we need some of when things are getting bad and the United States is way behind Europe on recognizing a lot of these issues of of data privacy and all we've got the Mobile World Congress underway you know 5g and many other technologies in focus what are you most excited about you know I used to track a lot of stuff that was going on in the the mobile world and cell phones every time every day I wanted to look what's new is coming out in cell phones keep up with it and I buy the latest products and many many of them my head and now I've lost that interest I don't know why I'm more interested in things like the new television sets that are coming out the 4G 5g television 8g televisions 8k televisions to you I don't know that I'm going to benefit from 5g year that I really feel the need for an increase in bandwidth on cellular bandwidth right now so that's not gonna impact me much things I'm interested in I'm interested in electric cars where they're going what the benefits are what their problems are and the infrastructure for them right now yeah so I'm not I'm sort of at a low point I'm not but I'm waiting for Apple to come back in the game - okay yeah with something really new and out striking is that what needs to be done from Apple's side given what we've seen from Samsung there's a sense that Apple is falling behind in the any innovation game well Apple has been the leader for quite a long time in fewer areas such as touch ID facial ID and and easy payment with a phone they were the leader and everyone else had to follow but they are not the leader and things like the folding phone and and that that worries me because I really do want a folding phone you know it's one of those new technologies that does catch my attention so Apple but Apple always has surprises you know working on a lot of things in the back they just they just got so successful with the iPhone that that was their home business for a long time now they're branching out into a lot of their services are very good and I'm looking for Apple TV to expand to come on right now I kind of prefer my Roku but the big story in the news right now is the trade standoff between the US and China and appears the progress is being made if you could give the two sides and negotiators some advice on the technological component of these discussions what would you tell them in terms of tech and trade intentions I'm more just a personally I'm just more into all the free trade type thinking yeah yeah and not having any restrictions and whoever can do the job best in one part of the world should be doing that job and it should be purchased in other parts

Channel: Bloomberg Television

Views: 259,772

Keywords: Bloomberg

Id: G2f55VpFC5o

Length: 9min 39sec (579 seconds)

Published: Tue Feb 26 2019

Reddit Comments

[u/Final_Watch_2]

He doesn't say that. He essentially says that he believes in Bitcoin, but he sold most of it because he only cares about the tech (and still experiments with it) and he doesn't want to follow the price of bitcoin like a stock because he doesn't care... and he's so rich it doesn't matter (the last part is the implication he didn't say). Woz also doesn't own stocks apparently, or at least doesn't use the Apple Stock app.

[u/cryptomilbz]

Partial transcript

Interviewer: "You've said in the past that you believe that Bitcoin is going to be the world's single currency, or you hope that it is going to be the world's single currency. We've seen massive value destruction in Bitcoin - are you still a believer in that? is that still a workable model for you?"

Steve Wozniak: "i'm not sure i can buy that we've seen massive value destruction, i think we've seen massive value creation, um, [goes on to talk about fear driving prices]

...i had a lot of Bitcoin, i had some Bitcoin - but i was never an investor. I only had some bitcoin to experiment with. [goes on to talk about how he didn't want to get involved with price and subsequently sold his Bitcoin]"

[u/jro04]

Sorry, but this is not what he actually said in this video.

He said that he had a lot of bitcoin but isn't interested anymore because it's a lot of gambling. He doesn't know the price of it. But he's interested in the technology and in buying things with bitcoin.

[u/gajometa1]

Why would the technical mind behind apple not believe in new technology? Bitcoin will experience a similar story like apple did.

[u/top_kek_top]

This guy has no business talking about global economics like this...