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Naval
Ideas Are the New Oil
Ideas Are the New Oil

Ideas Are the New Oil

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Naval Ravikant
·
3 Clips
·
Nov 17, 2021
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Episode Transcript
0:00
Humans, have a history of
0:01
Conquest because we fight for the same exact
0:03
resources. But even in human history, The first explorers were Traders. They were going out there to find spices gold silk new plans to domesticate new animals, Etc. They weren't going out there necessarily to conquer land. Eventually they did because of the finite resource dilemma when you're stuck on Earth, but the moment you add technology to get off of Earth, finite resources, go away. And if you want a resource, then you go find a neutron star, you.
0:30
Go find a star system. You don't go after a little planet. There's infinite Kepler planets out there that are going to be much closer to them. It's ideas and trade that people want. And if you look at modern society, even though I know this is not the common
0:42
belief, we're
0:43
becoming less warlike as we become more civilized. And the reason is because you don't conquer Russia anymore for its natural resources, you don't roll in the tanks because you're trying to grab all the natural resources, the wealthiest places in the world. Now, are the ones that have the best ideas.
1:00
Silicon Valley was on top for a while as a wealth creation engine because it had the best ideas. The new oil is ideas, It's All Digital. All the new fortunes are being created an idea space. In fact, if you're starting out today as a young ambitious person, you don't learn real estate. You don't learn coal and oil mining. You don't go into extraction physical resources to create wealth, you go into idea, space, you go into programming books movies, blogs, and podcasts and building robots, which are mostly intellectual property underneath
1:29
So even as a human civilization, we're moving away from conquest of physical resources and moving much more into trading of ideas. The downside scenario
1:39
for the human species is that too much of our larger
1:43
countries and nation states.
1:45
Believe that they've achieved maximum ideas. Now, it's time to save resources.
1:49
They end up destroying the means of improvement, error, correction and creativity, and the end up stagnating. Then you have the idea generation coming out of a much smaller.
2:00
Set of city states, which then have to defend themselves against this
2:03
larger mass of more predatory ossified States. Every time people talk about China, being so impressive, look at their rocket launch.
2:10
Look at the GDP, or look at the city that they built. Call me when they invent something new, call me, when they come up with some incredible idea that we
2:18
haven't had. And they build some technology that we haven't had. Because so far. It's all imitative. It's all them taking advantage of technology that they've picked up from us that they're now catching up on their just applying
2:29
I'm scale to it because it's have more
2:31
people, but call me when their GDP per citizen crosses hours.
2:35
Call me when they come up with Pharmaceuticals or vaccines or spacecraft or energy, generators, or Fusion reactors that we do not know how to build call me when the authoritarian Society figures out, top-down how to build something brand-new, when it's more creative. When their art is better, when their science is better when their Technologies better. Call me when that happens over a democratic free capitalist.
2:59
A tea because I've never seen the case of that ever.
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