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The Andrej Karpathy episode.

During this interview, Andrej explains why reinforcement learning is terrible (but everything else is much worse), why AGI will just blend into the previous ~2.5 centuries of 2% GDP growth, why self driving took so long to crack, and what he sees as the future of education.

It was a pleasure chatting with him.

Watch on YouTube; read the transcript.

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Timestamps

(00:00:00) – AGI is still a decade away

(00:29:45) – LLM cognitive deficits

(00:40:05) – RL is terrible

(00:49:38) – How do humans learn?

(01:06:25) – AGI will blend into 2% GDP growth

(01:17:36) – ASI

(01:32:50) – Evolution of intelligence & culture

(01:42:55) - Why self driving took so long

(01:56:20) - Future of education

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As part of this interview, Satya Nadella gave Dylan Patel (founder of SemiAnalysis) and me an exclusive first-look at their brand-new Fairwater 2 datacenter.

Microsoft is building multiple Fairwaters, each of which has hundreds of thousands of GB200s & GB300s. Between all these interconnected buildings, they’ll have over 2 GW of total capacity. Just to give a frame of reference, even a single one of these Fairwater buildings is more powerful than any other AI datacenter that currently exists.

Satya then answered a bunch of questions about how Microsoft is preparing for AGI across all layers of the stack.

Watch on YouTube; read the transcript.

Sponsors

* Labelbox produces high-quality data at massive scale, powering any capability you want your model to have. Whether you’re building a voice agent, a coding assistant, or a robotics model, Labelbox gets you the exact data you need, fast. Reach out at labelbox.com/dwarkesh

* CodeRabbit automatically reviews and summarizes PRs so you can understand changes and catch bugs in half the time. This is helpful whether you’re coding solo, collaborating with agents, or leading a full team. To learn how CodeRabbit integrates directly into your workflow, go to coderabbit.ai

To sponsor a future episode, visit dwarkesh.com/advertise.

Timestamps

(00:00:00) - Fairwater 2

(00:03:20) - Business models for AGI

(00:12:48) - Copilot

(00:20:02) - Whose margins will expand most?

(00:36:17) - MAI

(00:47:47) - The hyperscale business

(01:02:44) - In-house chip & OpenAI partnership

(01:09:35) - The CAPEX explosion

(01:15:07) - Will the world trust US companies to lead AI?

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In this lecture, military historian Sarah Paine explains how Russia—and specifically Stalin—completely derailed China’s rise, slowing them down for over a century.

This lecture was particularly interesting to me because, in my opinion, the Chinese Civil War is 1 of the top 3 most important events of the 20th century. And to understand why it transpired as it did, you need to understand Stalin’s role in the whole thing.

Watch on YouTube; read the transcript.

Sponsors

Mercury helps you run your business better. It’s the banking platform we use for the podcast — we love that we can see our cash balance, AR, and AP all in one place. Join us (and over 200,000 other entrepreneurs) at mercury.com

Labelbox scrutinizes public benchmarks at the single data-row level to probe what’s really being evaluated. Using this knowledge, they can generate custom training data for hill climbing existing benchmarks, or design new benchmarks from scratch. Learn more at labelbox.com/dwarkesh

To sponsor a future episode, visit dwarkesh.com/advertise.

Timestamps

(00:00:00) – How Russia took advantage of China’s weakness

(00:22:58) – After Stalin, China’s rise

(00:33:52) – Russian imperialism

(00:45:23) – China’s and Russia’s existential problems

(01:04:55) – Q&A: Sino-Soviet Split

(01:22:44) – Stalin’s lessons from WW2

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In today’s episode of The Level Up Podcast w/ Paul Alex, I sit down with powerhouse entrepreneurs TereZa Lolli (@terezalolli) and Anthony Lolli (@anthonylolli) — a couple who turned their personal battles, health crises, and parenting challenges into a global blueprint for transformation. From becoming a multi-millionaire at 22… To ballooning to 315 lbs and nearly losing his life… To rebuilding his body, mindset, and mission from the ground up… Anthony shares the truth behind one of the most inspiring comebacks ever documented. 💥 TereZa opens up about overcoming diastasis recti, closing an 8-finger ab gap, regaining her strength, and becoming a 2x bikini pro — all naturally. Her transformation is a roadmap for every mom looking to reclaim her power. 💪✨ Together, they built Biohack Yourself, released award-winning documentaries, raised high-performance kids, and created an entire movement around health, longevity, and optimal living. This episode breaks down: 🔥 The mindset shift that saved Anthony’s life 🔥 How TereZa rebuilt her body & confidence without surgery 🔥 Their son’s misdiagnosis journey & the $250K discovery that changed everything 🔥 The debate, discipline & exposure strategy they use to raise confident kids 🔥 The creation of their media empire impacting millions worldwide 🔥 Why biohacking is the future of longevity, energy, and everyday life If you’re ready to optimize your body, sharpen your mindset, and design a high-performance life—this episode is your blueprint. 🚀 Make sure to add me on all SOCIAL MEDIA PLATFORMS: Instagram: https://jo.my/paulalex2024 Facebook: https://jo.my/fbpaulalex2024 YouTube: https://www.youtube.com/channel/UCNB9ivoJf7ppjuSplOAkEZw LinkedIn: https://jo.my/inpaulalex2024 Looking for a secondary source of income or want to become an entrepreneur? Check out one of my companies below to see if we can help you: 💳 www.CashSwipe.com FREE Copy of my book “Blue to Digital Gold – The New American Dream”: 📘 www.officialPaulAlex.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In today’s world, information is everywhere. Podcasts, books, courses, YouTube tutorials, social media threads—it feels productive to constantly learn more. But the truth is, too much consumption without execution becomes a form of procrastination. In this episode of The Level Up Podcast, Paul Alex breaks down the concept of the mental diet—how the information you consume shapes your productivity, creativity, and ability to take action. Many entrepreneurs fall into the trap of believing that more knowledge automatically leads to success. But without execution, knowledge simply becomes mental clutter that slows down real progress. In this episode, you’ll learn: Why excessive information consumption can destroy your focus How to shift from being a consumer to becoming a creator Why increasing your output-to-input ratio accelerates growth How an information fast can help you rediscover your creativity and intuition Success doesn’t come from endlessly preparing—it comes from taking action on what you already know. Because at the end of the day, execution always beats education. Your Network is your NETWORTH! Make sure to add me on all SOCIAL MEDIA PLATFORMS: Instagram: https://jo.my/paulalex2024 Facebook: https://jo.my/fbpaulalex2024 YouTube: https://www.youtube.com/channel/UCGhDAD1JyGGzSQUPD9lc9HQ LinkedIn: https://jo.my/inpaulalex2024 Looking for a secondary source of income or want to become an entrepreneur? Check out one of my companies below to see if we can help you: www.CashSwipe.com FREE Copy of my book “Blue to Digital Gold - The New American Dream”www.officialPaulAlex.com Learn more about your ad choices. Visit megaphone.fm/adchoices

MeidasTouch host Ben Meiselas reports on how Donald Trump’s dark past is now severely harming our troops as it’s being used to rally the Iranian army and people in the war. Get 35% OFF your first order + free shipping @IndaCloud with code MEIDAS at https://indacloud.co #indacloudpod Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

MeidasTouch host Ben Meiselas reports on world leaders freezing out Donald Trump as he betrays allies during his war with Iran, exposing weakness and making the United States look unreliable on the global stage. Reverse hair loss with @iRestorelaser and get exclusive savings on the iRestore Elite, use code TRUTH at https://irestore.com/TRUTH  #irestorepod Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

The Trump administration miscalculated how Iran would respond to this war. And the United States, Iran and Israel were brought to the brink of war in the first place because of a whole series of misjudgments and miscalculations going back decades. Ali Vaez is the Iran project director at the International Crisis Group. He was involved in the negotiations that led to the 2015 nuclear deal, and is in fact himself a nuclear scientist. He’s also an author of “How Sanctions Work: Iran and the Impact of Economic Warfare.” In this conversation, Vaez explains how over 47 years the United States, Israel and Iran came to one another as threats, and why so many efforts to thaw relations failed. It’s the briefing on Iran that Trump should have received before he decided to go to war. Mentioned: How Sanctions Work by Narges Bajoghli, Vali Nasr, Djavad Salehi-Isfahani, and Ali Vaez Joint Comprehensive Plan of Action Book Recommendations: Persians by Lloyd Llewellyn-Jones The Mantle of the Prophet by Roy P. Mottahedeh Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com. You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs. This episode of “The Ezra Klein Show” was produced by Jack McCordick. Fact-checking by Michelle Harris with Kate Sinclair. Our senior engineer is Jeff Geld, with additional mixing by Isaac Jones and Aman Sahota. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Rollin Hu, Kristin Lin, Emma Kehlbeck, Marina King and Jan Kobal. Original music by Aman Sahota and Pat McCusker. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser.