Executive Summary
In this episode of Startuprad.io, host Jörn "Joe" Menninger interviews Prof. Avi Loeb, a Harvard astrophysicist, at Curious 2024. Loeb discusses groundbreaking scientific inquiries, such as dark matter, dark energy, and AI's role in scientific progress. He emphasizes innovation, the role of startups, and the need for open-mindedness in research. Loeb also explores the future impact of AI, envisioning AI avatars replacing tombstones to preserve personal legacies. The conversation underscores the importance of curiosity, risk-taking, and the interplay between science and technology in advancing human knowledge.
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Introduction
In this episode, Avi Loeb delves into some of the most fascinating frontiers of scientific inquiry, from the mystery of dark matter and dark energy to the potential of artificial intelligence in revolutionizing research. We also discuss the vital role of startups in pushing the boundaries of innovation and how they can navigate the challenges they often face. Furthermore, Professor Loeb shares his thoughts on the future of science and technology, and what aspiring entrepreneurs can do to make their mark in this ever-evolving landscape.
Stay tuned as we explore how scientific advancements are poised to shape our everyday lives and society as a whole. This is an episode you won't want to miss!"
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Questions Discussed in the Interview
Curiosity-Driven Science: Avi Loeb describes himself as a "curious farm boy" and emphasizes the importance of curiosity in his scientific endeavors. How do you think curiosity drives scientific innovation and discovery?
Known Unknowns: Loeb identifies various "known unknowns" in science, like dark matter, dark energy, and the nature of black holes. Which of these unknowns do you find most intriguing and why?
Big Bang Origins: Loeb speculates that the Big Bang might have been artificially created by a scientist. How does this hypothesis challenge our current understanding of cosmology, and what are its implications for future research?
Role of AI in Science: Loeb sees great potential for artificial intelligence and machine learning in scientific research. What specific roles do you think AI can play in redefining how we conduct and interpret scientific experiments?
Startups and Risk: Loeb emphasizes the importance of startups taking risks to achieve breakthroughs. What strategies can startups implement to balance the risk of innovation with the need for stability and funding?
Conservatism in Science: Loeb discusses the conservatism in the scientific community and how it can hinder innovation. How can the academic and scientific communities foster a more open-minded approach to new ideas and anomalies?
Technological Advancements: Loeb mentions the interdependence of fundamental science and technology. How can emerging technologies like quantum computing and AI contribute to major scientific discoveries in the near future?
Artificial Intelligence Avatars: Loeb envisions a future where AI avatars represent deceased individuals, offering interactions based on their digital footprints. What ethical and societal implications might arise from this concept?
Quantum Mechanics and Gravitation: The unification of quantum mechanics and gravity remains an unsolved problem in physics. What do you think are the biggest challenges in achieving this unification, and how might overcoming these challenges transform our understanding of the universe?
Future of Scientific Research: Looking ahead, Loeb predicts that AI will significantly impact scientific research. How do you envision the collaboration between human scientists and AI evolving, and what new fields of study might emerge as a result?
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The Guest
In this episode of Startuprad.io, we had the esteemed pleasure of hosting Professor Avi Loeb, a distinguished academic, author, and futurist with an illustrious career in astrophysics. He is currently a Professor of Science at Harvard University and served as the longest-standing chair of Harvard's Astronomy Department. Not only has he led the prestigious Black Hole Initiative as its founding director, but he also directs the Institute for Theory and Computation at Harvard. A man of insatiable curiosity, Avi's research spans the study of black holes, the first stars of the universe, and extraterrestrial intelligence. His commitment to unraveling the mysteries of the cosmos has rendered him a significant figure in modern astrophysics.
Descending from humble beginnings on a farm, Prof. Loeb's inherent curiosity led him to seek out nature’s secrets and establish a career that defies conventional wisdom. Throughout our conversation, he expounded on the exciting but uncertain frontiers of scientific discovery, from the enigma of dark matter and dark energy to the profound possibilities of quantum gravity. Avi also eloquently spoke about the role of startups in driving scientific innovation and the potential impact of artificial intelligence on the future of research. His insights not only shed light on the current state of scientific endeavors but also inspire a forward-thinking approach underscored by risk-taking and a relentless pursuit of knowledge.
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The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:
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Automated Transcript
Avi Loeb | Author, Academic, Futurist [00:00:00]:
Where do you I is it okay here? Yep. Close to my
Jörn "Joe" Menninger [00:00:04]:
We we're already getting sound, so Okay. That's fine.
Avi Loeb | Author, Academic, Futurist [00:00:07]:
And the only question is for the camera, it may be too big. No?
Jörn "Joe" Menninger [00:00:12]:
No. No. It will be fine.
Avi Loeb | Author, Academic, Futurist [00:00:13]:
It's okay? Or on the tie, would you prefer?
Jörn "Joe" Menninger [00:00:16]:
No. I think there is better.
Avi Loeb | Author, Academic, Futurist [00:00:17]:
It's better. Have it on the tie. It will make noise. On the shirt. Yep. Okay. Sounds great. As long as you are happy, I'm happy.
Jörn "Joe" Menninger [00:00:25]:
We stick exactly to the questions that I've sent you. Only, upfront a little introduction.
Avi Loeb | Author, Academic, Futurist [00:00:31]:
Oh, okay.
Jörn "Joe" Menninger [00:00:32]:
I think you can introduce yourself. Right? You you've done that.
Avi Loeb | Author, Academic, Futurist [00:00:35]:
Yeah. If you want me, I can, okay. So in terms of the questions, I mean, you can choose whatever you like. If you feel that you want to ask another follow-up question.
Jörn "Joe" Menninger [00:00:49]:
I need to draw at least a
Avi Loeb | Author, Academic, Futurist [00:00:51]:
slight, slight, curtains. Yeah. Too much light. But then you don't see the river.
Jörn "Joe" Menninger [00:00:58]:
Well
Avi Loeb | Author, Academic, Futurist [00:01:00]:
Is it okay if I sit here?
Jörn "Joe" Menninger [00:01:04]:
Unfortunately, I only see a negative picture of you. Just like the outline. My camera doesn't work like that.
Avi Loeb | Author, Academic, Futurist [00:01:11]:
It's sorry?
Jörn "Joe" Menninger [00:01:12]:
Can you move a little bit over here to your right?
Avi Loeb | Author, Academic, Futurist [00:01:15]:
Or we can close this curtain. Yeah.
Jörn "Joe" Menninger [00:01:17]:
We could try. We could try. We can try.
Avi Loeb | Author, Academic, Futurist [00:01:21]:
Yeah. As long as you don't need the river, it should be Yeah. But then do you have enough light or we need to turn on some light for you?
Jörn "Joe" Menninger [00:01:32]:
That that one would be great. Yeah. That should totally do it. Yeah. The the other thing we can do in the post production, so we have enough light. We have enough sun from you.
Avi Loeb | Author, Academic, Futurist [00:01:42]:
Okay.
Jörn "Joe" Menninger [00:01:44]:
And so we can
Avi Loeb | Author, Academic, Futurist [00:01:45]:
You think it's okay? How about the chair? Is it, sufficiently high?
Jörn "Joe" Menninger [00:01:50]:
I'll adjust my camera. Don't worry about that.
Avi Loeb | Author, Academic, Futurist [00:01:52]:
You can lower it. Yeah. Okay. Does that look good?
Jörn "Joe" Menninger [00:01:59]:
I think so. I'll get a little
Avi Loeb | Author, Academic, Futurist [00:02:01]:
bit closer. Did you change the height of this or no? No, no. Because that can also, we can change that also.
Jörn "Joe" Menninger [00:02:09]:
I lost just one of the screws here in my tripod when I was traveling with the train here, so I always have to make sure it doesn't fall off
Avi Loeb | Author, Academic, Futurist [00:02:17]:
the other side. But the the is it stable? It's okay.
Jörn "Joe" Menninger [00:02:22]:
At least so, yeah.
Avi Loeb | Author, Academic, Futurist [00:02:23]:
Just make sure that it's straight, because it looks a little tilted. Yeah, exactly. Better? Now it's better, I think.
Jörn "Joe" Menninger [00:02:32]:
Yeah. You have a good eye for that. Well, you're a physicist, right? Now we also do have a recording.
Avi Loeb | Author, Academic, Futurist [00:02:46]:
Looks good?
Jörn "Joe" Menninger [00:02:48]:
Looks amazing. Okay. And now I'll send my piece. Hello.
Avi Loeb | Author, Academic, Futurist [00:02:55]:
In terms of the light, is it good this way or you want it close, in this direction?
Jörn "Joe" Menninger [00:03:00]:
A little bit more too too.
Avi Loeb | Author, Academic, Futurist [00:03:01]:
Yeah. You can tilt it. Yeah. It's up I don't know how it looks.
Jörn "Joe" Menninger [00:03:07]:
I can actually turn it around. You see here? Ah.
Avi Loeb | Author, Academic, Futurist [00:03:11]:
But then there is some light on top of me. Where is that coming from?
Jörn "Joe" Menninger [00:03:16]:
I think from the curtains, from
Avi Loeb | Author, Academic, Futurist [00:03:17]:
the view,
Jörn "Joe" Menninger [00:03:18]:
between the curtains.
Avi Loeb | Author, Academic, Futurist [00:03:18]:
Because that doesn't look good, actually. Okay. So if we do that Okay. Maybe now it's better. Yeah. Now now it's better. Definitely. I'm okay.
Avi Loeb | Author, Academic, Futurist [00:03:34]:
Excellent.
Jörn "Joe" Menninger [00:03:37]:
Okay. Let me do one clap. That's the sign where I can synchronize it. Hello and welcome everybody to another episode of Stalowave. Io. Today, we are attending Curis 2024, and we just got an amazing interview guest, professor Alfi Loeb from Harvard University. Very welcome to Startuprate.l. Can you briefly introduce yourself?
Avi Loeb | Author, Academic, Futurist [00:04:04]:
It's a great pleasure to join you. My name is Avi Loeb. Fundamentally, I'm a curious farm boy. I was born on a farm and was connected to nature since a young age and became a scientist so that I can answer questions about nature without needing to listen to the adults in the room telling me the answers, telling me their opinions. And I was chair of the astronomy department at Harvard for 9 years, the longest serving chair. I also served as the founding director of Harvard's Black Hole Initiative, and I'm the current director of Harvard's Institute For Theory and Computation. I worked primarily on theoretical astrophysics, studies of black holes, the first stars in the universe, and most recently the search for extraterrestrial intelligence because we don't find it here on earth.
Jörn "Joe" Menninger [00:05:01]:
That's already pretty exciting. Since you are a scientist, what do you believe are the most exciting future avenues for scientific research?
Avi Loeb | Author, Academic, Futurist [00:05:13]:
Well, there are some fundamental questions that we don't have the answer to. I call these the known unknowns. In other words, these are things we know that we don't know. For example, what most of the matter in the universe is, 85% of the matter is of a substance that we never identified, never detected. And so we are still in the dark, and it's called dark matter. There is also the substance that makes up the vacuum. You might think the vacuum is empty, but in fact not so. It turns out that there is some energy per unit volume and that is called dark energy.
Avi Loeb | Author, Academic, Futurist [00:05:57]:
And we know that it exists because the universe is not just expanding, but, its expansion is accelerating over time. And, that means that there is a repulsive gravity pushing the universe apart. And the question is, what is the origin of this dark energy? Why is it there? Why isn't the vacuum completely empty, for example? And we also know that, if we go back in time, there was a beginning to the universe, the big bang, and we don't know what happened before the big bang. These are fundamental questions that we don't have answers to. We also don't know what happens inside the black hole. Where does the matter that falls into a black hole, where does it collect? Does it collect at the center or does it go somewhere else? Like water going down the sewer of our homes. So these are just some fundamental questions about the universe, but there are many more that I can mention. And I think the most fundamental in my mind is where did we come from? What was there before the Big Bang? And in particular, I'm curious to know whether the Big Bang was created artificially by a scientist.
Avi Loeb | Author, Academic, Futurist [00:07:21]:
Because if we ever understand how to unify quantum mechanics and gravity, we might have quantum gravity engineers that would have the recipe for creating a baby universe in the laboratory.
Jörn "Joe" Menninger [00:07:37]:
That are all very interesting avenues for future research. What emerging technologies do you think will have the greatest impact on scientific advancement in the next few years? Talking about the instruments you can use for research.
Avi Loeb | Author, Academic, Futurist [00:07:53]:
Well, in terms of instruments, of course, the most important is computers, if you call it instruments. I mean, that improves our cognitive abilities, and artificial intelligence, machine learning are entering into the scientific study of large data sets and also going through data that the human brain is unable to process and that already starts entering physics and biology. But I see a great future ahead for artificial intelligence machine learning. There is an interesting question of whether those computer programs will be able to identify trends in data and figure out new laws of nature that we have never figured out before. So will they behave like scientists? And if they do, will I be out of a job? For the near future, I don't think so. I still think that at least many people complain that AI systems are hallucinating. I wouldn't hold that against them because I have a lot of summer interns that are hallucinating, but, they are not at the level where they can innovate, the way scientists, human scientists do, but perhaps in the future they will. And, I'm open minded about that.
Avi Loeb | Author, Academic, Futurist [00:09:25]:
I think that will be the biggest breakthrough when science will be done, with, the aid of AI. And then the question is who to give the Nobel prize? It's already a good question right now because there was a major problem in biology that was resolved by AI. And, you know, the question is who should be rewarded for that. Now, maybe you remember, but it was what's the name of this British AI company that solved the structure of proteins. The protein folding problem, yeah. That was it. I mean, I can say it if you want. Protein folding, it was solved by, a company, an AI company in England.
Avi Loeb | Author, Academic, Futurist [00:10:34]:
But I forgot the name of the company. Protein Folding.
Jörn "Joe" Menninger [00:10:43]:
Here it says deep mind?
Avi Loeb | Author, Academic, Futurist [00:10:44]:
Yes, deep mind. Exactly. Deep mind. So I can just say it and then you can. Yeah. For example, there is already a precedent of the DeepMind company being able to solve the protein folding challenge that was really very difficult to solve for human scientists, but this AI code that they developed went through so many configurations that it was able to figure out how proteins fold when they have very big molecules. So that's just one example where a major challenge in science was resolved by AI already.
Jörn "Joe" Menninger [00:11:31]:
And, we're talking about research, research instruments, and of course everybody here is interested in startups who are listening to this. Where would you see the role in startups and how they can contribute? You've already hinted at AI. Do do you see a big potential there?
Avi Loeb | Author, Academic, Futurist [00:11:48]:
Yeah. The most important thing about the innovation is that one should, take risks because very often the most important breakthroughs are not recognized ahead of time. Otherwise they would be accomplished quickly. And so you need to explore territories that are unknown and very often you fail. But you do that because there is a chance that you will be successful. And if you do you are successful, it would be a major advance. And so having startups is one way of exploring the land of the unknown, where, people with innovative ideas try to materialize them and make them real and, very often they fail. But it's part of the process of arriving at important breakthroughs.
Avi Loeb | Author, Academic, Futurist [00:12:39]:
And that's why startups are so important. The same is true about the science. I do think that funding should be given, a small fraction of funding should be given to risky propositions that are not proven and, nevertheless, could change the landscape of scientific discovery. So startups play this role in the commercial sector where they explore opportunities and I'm very much in the view of letting many flowers bloom because you never know which would be the most beautiful flower ever seen. Mhmm.
Jörn "Joe" Menninger [00:13:18]:
You kind of, hit already next 2 questions that I had on my list. We talked about startups and working together in scientific research. What are the main challenges that startups face when trying to contribute to scientific research?
Avi Loeb | Author, Academic, Futurist [00:13:35]:
Surprisingly, there is a lot of conservatism in science, even though it's supposed to be open minded endeavor with blue sky research in the sense that it's not supposed to be applied. But what happens is that there is another factor that enters the calculation, and that's the human ego, which is very prominent in academia. And, on the one hand you have scientists who are driven by their ego to get honors, awards, recognition, and are building echo chambers around them of students and postdocs. But at the same time they are pushing back against the new ideas because they got their stature, their position, their status, their recognition based on past knowledge. And so when they see new knowledge emerging, for example, when they see anomalies, deviations, outliers from what is known, they often dismiss it or shove it under the rug or say the uncertainties are too big. They basically raise enough dust in the air to claim that they don't see anything new. And they do it because they protect their territory of past knowledge. And unfortunately that has the negative effect of suppressing innovation because when young people see that, they worry about their careers, their job opportunities, and and as a result, they don't take risks.
Avi Loeb | Author, Academic, Futurist [00:15:11]:
They don't pay attention to anomalies. They don't explore ideas that deviate from what the senior established people already, announced as valid areas of research. And it gets to a point where the theoretical physics community, for example, has been working for 50 years on, how to unify quantum mechanics and gravity in the form of string theory, which is a theory that is mathematically very sophisticated, but has not been demonstrated to be true by any experiment. And doing that for 50 years means that the entire community is basically driven by societal forces. What by some leaders that say this is interesting for us to explore without any experimental verification. We know from the history of science that you always need evidence to guide you and you may be going in the wrong direction. Nobody would have forecasted quantum mechanics to be real, unless experiments would lead us in that direction. We still don't understand quantum mechanics.
Avi Loeb | Author, Academic, Futurist [00:16:19]:
So my point is that we really need to be humble, in physics and let experiments guide us. And we can have a lot of ideas, but at the same time we should allow them to be ruled out by experiments and then move on. And if experiments are not available, there is, we should let other ideas, appear. And that's not the case in theoretical physics at the moment. There is only one mainstream even though it didn't get support from data. And so I see that as driven by intellectual gymnastics, by people trying to show off, just show that they are smart by societal forces, not the raw curiosity about nature that is supposed to lead science. And it's not just in theoretical physics, it's in many other areas where, progress was suppressed. I mean, even when, Alfred Wegener realized in 1910 that the continents perhaps were all together based on the fact that they match like a jigsaw puzzle.
Avi Loeb | Author, Academic, Futurist [00:17:32]:
His theory was ridiculed by experts for decades and he died in the thirties thinking that it will never be accepted. But then in the 19 fifties, evidence about rocks and about vegetation confirmed it. That's a classic example where the progress was delayed by 40 years. And the same is true in many other frontiers, where the correct ideas were simply ridiculed by experts that wanted to maintain their, intellectual turf.
Jörn "Joe" Menninger [00:18:06]:
Mhmm. Talk about investments in research here. How important is investment in technology and science for the future of research?
Avi Loeb | Author, Academic, Futurist [00:18:14]:
Technology, goes hand in hand with science because fundamental science, allows us to understand nature. And then once we understand nature we can use it for our purposes. And, the know how of how to use nature for what we want to accomplish comes from fundamental science and therefore technology always makes use of fundamental science and, that's why science and technology should be funded. Now technology is using what we know about science for the benefit of humanity. That's extremely important, because once, for example, we developed the computer after understanding how to make transistors, then, and that came from understanding quantum mechanics, you know, so everything is entangled, but the new technologies that were developed allow science to progress much more because those technologies can be used in sensors that are taking data, and they allow us to do computations, meaning processing of the data. So I think it's extremely important to support both fundamental science and technology because they progress hand in hand. The strange thing is that so much money was made in the commercial sector that you might find that innovation, actually happens more routinely in companies these days than in academia, or maybe they sort of go at similar levels in the case of quantum computers or in the case of AI, whereas it was supposed to be the responsibility of academia to really promote innovation much more than people who are aiming to make money.
Jörn "Joe" Menninger [00:20:13]:
Talking about the impact on society, how do you envision new scientific advancements impacting everyday life and society as a whole?
Avi Loeb | Author, Academic, Futurist [00:20:23]:
I think, science and technology is what makes us look like an intelligent civilization because if you read the news every day, you realize, you know, we are doing a lot of foolish things. We invest $2,400,000,000,000 every year worldwide in military budgets, meaning in conflicts, in trying to kill each other. That makes very little sense. We engage routinely in zero sum games, conflicts over territories, whether, you know, these are just territories on the rock that was left over from the formation of the sun. It's a tiny real estate that we are focusing on. There is so much more real estate in interstellar space if we were to look up. And the intelligent thing to do is actually for us to work together, to collaborate, not to engage in conflicts because science is an infinite sum game. It's not a zero sum game.
Avi Loeb | Author, Academic, Futurist [00:21:28]:
If we gain knowledge, everyone benefits from it. So what I argue for is science and technology are much better than politics, Because politics is very often a zero sum game, whereas science and technology are infinite sum games.
Jörn "Joe" Menninger [00:21:48]:
Coming close to the end. Advice for aspiring entrepreneurs. What advice would you give to aspiring entrepreneurs looking to enter the tech and science startup scene?
Avi Loeb | Author, Academic, Futurist [00:22:00]:
My advice is follow your passion and do not do not listen to the adults in the room because the adults in the room first may not have good ideas about the future, and secondly, they may not understand how innovative your ideas are. And so take the future in your hands and shape it to be better than the past. And that is the approach of a kid that, is independent. And, you know, that's the approach that I like. Being 62 years old, I'm still the kid that I was early on in my life, I realized that it's much better to do the right thing than to listen to people in the room telling you what is right to do. And I very much encourage young people to stay young in spirit and follow their passion and shape the world to be better because there is a lot of room for improvement.
Jörn "Joe" Menninger [00:23:08]:
I would just need to start another video because there's a limit of 20 minutes per recording.
Avi Loeb | Author, Academic, Futurist [00:23:16]:
Okay.
Jörn "Joe" Menninger [00:23:17]:
We just go to the last question. Mhmm. Looking ahead, in your opinion, what will be the most significant scientific breakthrough in the next decade and how can startups position themselves to be part of it?
Avi Loeb | Author, Academic, Futurist [00:23:32]:
In my mind, the most important development in the future would be artificial intelligence taking over our life. And perhaps augmenting human intelligence. If we have a way of connecting the human brain to a computer chip. I call it putting a chip on our shoulder. It's already being done, but in the future it might be even more common. And so the question is, what will it do? And artificial intelligence, at some point will have enough parameters to, have more capacity than the human brain. We have a 100,000,000,000 neurons in our brain and about 10,000 times more synapses that connect the neurons. And artificial intelligence systems as of now have somewhat less than that, but they grow in the number of neurons in the artificial neural networks.
Avi Loeb | Author, Academic, Futurist [00:24:45]:
They grow exponentially with characteristic doubling time of less than a couple of years. And so within the next 10, 20 years, there is a good chance that AI systems will have more parameters than the human brain, than the number of synapses in the human brain. So at that point, phenomena that we attribute to humans such as, consciousness or free will, might be visible when we interact with those AI systems. The other thing is that, if you go to graveyards, what you see, the tradition, is putting a tombstone, above the grave of a person. And if you think about it, that's a very primitive approach. Basically, a stone on which you engrave in a few words what the person was about. And so the entire lifetime of a person is summarized in a few words. And there are 2 problems with that.
Avi Loeb | Author, Academic, Futurist [00:25:50]:
1 is that this message is static. The amount of information in it is not changing, and also that it's very little information. Now granted there were a 117,000,000,000 people on earth in the last 10000000 years and information was not a priority. I mean, we know that because some traditions burn the bodies of dead people. And that is basically an act of destroying the genetic information about the person. So, for example, the new horizons spacecraft that went to visit, Pluto included a small box with the ashes of Clyde Tombaugh, the person who discovered Pluto. And if extraterrestrials were to find this box, they would really wonder about the barbaric act of our civilization in destroying any information about the discoverer that it wants to commemorate. It there would be much more information in a hair taken from Tan Bao's body because it will have the DNA information there than in the box of ashes.
Avi Loeb | Author, Academic, Futurist [00:27:01]:
So that was not an intelligent thing to do, to put a box full of no information about the person you want to commemorate. But if you think about it, in the future, tombstones might be replaced by AI avatars, meaning, there will be an AI system training on all the digital information that we leave behind. Voice, text, videos, And once a person dies, this AI system could represent the person and imitate the person in interaction with living people. So in my mind, an AI avatar of this type would be much better than a tombstone to have over my grave. And in fact, there is a CEO of a startup that contacted me recently and asked if I'm allowing his new company to make a replica of me. And, of course, there are risks in allowing that, but I agreed because I see it as an AI avatar that if I'm asked in the future to participate in podcasts like this one, I could send my avatar to answer all the questions. If it's good enough, it will do a good job, And that would save me time. Especially if I die, this avatar would give a much better representation of my body of work than a tombstone.
Jörn "Joe" Menninger [00:28:32]:
It was such a pleasure having you here. And the next time you send your avatar, I send my avatar, and then make a recording together. Okay? Thank you very much, professor Loeb.
Avi Loeb | Author, Academic, Futurist [00:28:42]:
Thanks for having me.
Jörn "Joe" Menninger [00:28:46]:
Tada. We're good.
Avi Loeb | Author, Academic, Futurist [00:28:48]:
Okay. Excellent.
Jörn "Joe" Menninger [00:28:49]:
Thank you very much.
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