The Pomp Podcast
00:50:38 · Polina Pompliano, Anthony Pompliano
[00:50:38] S1: Right? This is where we end. It was a pleasure. [00:50:42] S0: Hold so the whole idea is, can you subscribe to a point of view of the world, understand, believe in an asset because you've done the work, etcetera, without the psychosis? So AI psychosis is a thing. Bitcoin psychosis definitely exists. There are there are people that I know who I love them because you need some of the crazy people because they push the the the the pace, the edge. But you're also like, hey. Their vision of the future, I believe 30, 40% of it, but then they go past that into crazy town. And so this idea that, like, there are literally people who believe that you are violating the ethos of Bitcoin if you hold cash. That's crazy. And so it just is like, okay, I wanna... 30, 40%, I'm in, but I want my feet on the ground, clear eyes, no lasers. AI, girlfriend, I already got a wife. I'm good. You know? Yeah. Girlfriend. Oh. Yeah. The psychosis. They... These guys are fine. These guys are crazy. They're, like, falling in love with relationships with a piece of software. [00:51:51] S1: Like, dude. It does just agree with everything you say. Dude,
00:51:51 · Polina Pompliano, Anthony Pompliano
[00:51:51] S1: Like, dude. It does just agree with everything you say. Dude, [00:51:55] S0: snap out of it. Let's go. What are you doing? Right? And then you you start to kinda understand that you see this pattern over and over and over again, whether it's AI, whether it's Bitcoin. Right? All this. By the way, there's gonna be new technologies. Like, there's going to... I promise you, there is somebody who's gonna get space psychosis. They're gonna be like, dude, we're all gonna live in little capsules like the Jetsons flying around in space. [00:52:18] S1: I [00:52:18] S0: Then we're gonna repopulate, and then on our way to Mars, and this, and [00:52:23] S1: I remember Maybe. When I was at Fortune, I wrote something about a company, and I said, it's a very, very fine line between ambition and delusion. And sometimes, you think you're just being ambitious about your company and what it could do that you kinda fall into delusion. [00:52:42] S0: Well, I would... Maybe we disagree on this. I don't... We never talked about it. [00:52:45] S1: You want you want the founders to be delusional. Already know. [00:52:48] S0: I think that... Well, I think that it is very hard to create things that change the world I [00:52:57] S1: agree. [00:52:58] S0: Without being delusional. [00:52:59] S1: I agree. But There are limitations to that delusion. [00:53:03] S0: There's an extreme that then transitions from delusion to [00:53:08] S1: Psychosis.
00:53:08 · Polina Pompliano, Anthony Pompliano
[00:53:08] S1: Psychosis. [00:53:09] S0: Well, psychosis, but also people take it to the extreme, and then they, like... Again, I would argue, like, the EA mentality. Right? Again, I I I read the book. Right? So, like, is that the is that the bible of EA? No. But I think it gave a pretty good understanding is the argument, if I had to, like, summarize it, is almost anything is on the playing field if it means that you can accumulate more resources to then do good in the world. So, like, by any means necessary, right, is essentially the the argument. It's effective altruism. It's like, if you are a, if you can go exploit sports gambling to make billions of dollars and then you're gonna help the world, who cares that you exploited the sports gambling? And on the other side are people who lost their life savings. Who cares that the dad who was drunk on Saturday night took the other side of the bet, and you made a lot of money, and he lost his family or lost his house? It's kinda like that gets brushed under the rug. It's like, no. No. No. I as an EA was able to accumulate all these resources. I'm gonna go help the world. By the way, may go do good with [00:54:15] S1: Robin Hood example? [00:54:16] S0: But it's just like the world is complex. [00:54:17] S1: Oh, we're gonna piss off a lot of people with the spontiacs.
00:54:17 · Polina Pompliano, Anthony Pompliano
[00:54:17] S1: Oh, we're gonna piss off a lot of people with the spontiacs. [00:54:20] S0: Oh, I just... By the way, don't think that this stuff is, like, crazy. You could say the same thing in the stock market. Right? It's like there's winners and losers in a trade. And so it just comes back to, like, the world is not black and white as people want it to be. And so I think that when you take a overlay of everything as good or bad, I just kinda like this is not my thing. Right? I [00:54:42] S1: agree. I think that's why we get along. Alright. [00:54:45] S0: Where where can we send people to read the profile? [00:54:49] S1: Readtheprofile.com. [00:54:51] S0: Alright. And what do you publish [00:54:52] S1: What do I publish? Yeah. I publish long form profiles that people can read every week. Sometimes I write them. Sometimes I curate them, and now I'm writing. I launched something called the portrait, which is a moment in time of mini profiles of the people making the headlines. [00:55:08] S0: Alright. So, Saquon Barkley, Anthony Scaramucci, Jake and Logan Paul, Ryan Serhant. [00:55:17] S1: Katherine Wilde. [00:55:18] S0: Kathy Wilde, Kevin O'Leary, a bunch of people that you've written long form profiles on. And then you're the one who found, Buddy Shah. Yes. It's pretty... It's actually pretty interesting that you, of all people, were able to find, the one guy in the s one before anybody else that, now everyone's talking about. Good job. [00:55:35] S1: Thanks. [00:55:36] S0: See you guys next time.