The Peter McCormack Show

The Peter McCormack Show

By Peter McCormack

The Peter McCormack Show - politics, macro, Bitcoin and AI, long-form interviews. Twice-weekly conversations about money, power, and the shifts reshaping the next decade.


Peter McCormack

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  1. Number 1: #200 - Sebastian Thrun - The Singularity Is Here & We Are Completely Unprepared

    Sebastian Thrun has spent his career working on technologies that once sounded like science fiction, from self-driving cars and flying vehicles to online education and artificial intelligence. He now believes we are living through a technological singularity: an exponential acceleration that makes predicting even the next five years almost impossible. Peter and Sebastian discuss why a $100 Claude subscription can already challenge work done by $200,000-a-year software engineers, what happens when lawyers, copywriters and drivers lose their jobs, why Europe is falling behind America and China and whether autonomous vehicles could eventually make human driving too dangerous to allow. But Sebastian’s message is ultimately optimistic. He argues that the right response to technological disruption is to use the tools, become a builder and keep learning. They discuss what children should be taught in the AI era, why grit, curiosity and empathy matter more than memorising information, and why pessimists will never change the world. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - The Future Is Already Here 00:01:07 - Peter’s First Waymo Ride 00:03:43 - The Accident Behind Self-Driving Cars 00:09:37 - When Human Driving Becomes Too Dangerous 00:12:07 - Why Silicon Valley Keeps Winning 00:18:26 - Why AI Hallucinations Can Kill 00:20:53 - Flying Cars Are Already Here 00:24:29 - The Exponential Future 00:26:21 - Claude vs $200K Software Engineers 00:31:39 - We’ve Entered the Singularity 00:33:36 - Opportunity vs Fear 00:40:06 - The Workers AI Leaves Behind 00:46:53 - Why Europe Is Falling Behind 00:51:29 - Technology Democratizes Power 00:57:22 - Stop Blaming, Start Building 01:01:46 - What Happens When Jobs Disappear? 01:06:43 - Udacity vs the Education System 01:14:44 - What Children Should Learn Now 01:20:25 - Why Optimists Change the World 01:25:46 - Never Make the Same Mistake Twice - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – https://www.instagram.com/mccormack555/ › X/Twitter – https://x.com/petermccormack/ CONNECT WITH SEBASTIAN THRUN › Website – https://www.thrun.org/ › LinkedIn – https://www.linkedin.com/in/sebastian-thrun-59a0b273 SPONSORS › IREN – https://www.iren.com/ › Ledn – https://www.ledn.io/peter › Arch Public – https://archpublic.com/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1h 35min
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  2. Number 2: #208 - Ann Pettifor - "A $40 Trillion Debt Crash Is Coming”

    Ann Pettifor is a world-renowned political economist, author of The Production of Money, and former director of the Jubilee 2000 campaign, which successfully mobilised millions to cancel over $100 billion in sovereign debt for developing nations. Correctly predicting the 2008 Great Financial Crisis in her 2006 book The Coming First World Debt Crisis, she has spent decades exposing how unregulated global finance, central bank printing and Wall Street speculation starve the real economy of productive investment. Ann and I discuss how a grassroots army of ordinary citizens forced Gordon Brown and Tony Blair to cancel third-world debt, the reality of commercial and central bank money creation and how Richard Nixon’s 1971 decision to sever the dollar from gold handed total economic control to global financial markets. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - They Are Never Going To Repay 00:01:22 - How To Cancel $100 Billion Of Debt 00:06:50 - Germany Had Its Debt Cancelled In 1953 00:10:12 - Arms Dealers, Dictators And Guarantees 00:13:40 - Creditors Love An Empty Balance Sheet 00:16:42 - Where Money Actually Comes From 00:17:30 - We Entered The Number Into A Computer 00:19:24 - Debt Is A Function Of A Weak Economy 00:24:04 - Why Everyone Is Angry At The Same Time 00:26:02 - The Queen Asked Why Nobody Predicted It 00:30:11 - The Next Crisis Is Imminent 00:33:37 - Private Credit And The South Sea Bubble 00:37:15 - What Happened In 1971 00:43:15 - The Bankers Who Expected Prison 00:49:49 - The Strongman Takes Them To War 00:51:45 - I'd Nationalise Thames Water Tomorrow 00:57:05 - Who Inflation Targets Actually Protect 01:03:00 - The State Invented The iPhone 01:09:22 - Nationalism And Patriotism Are Not The Same 01:13:16 - Why She Still Has Hope - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – https://www.instagram.com/mccormack555/ › X/Twitter – https://x.com/petermccormack/ CONNECT WITH ANN PETTIFOR › Website – https://annpettifor.com/ › System Change Substack – https://annpettifor.substack.com/ › PRIME Economics – https://primeeconomics.org/ › X/Twitter – https://x.com/AnnPettifor SPONSORS › IREN – https://www.iren.com/ › Venice – https://venice.ai/ › Quo – https://quo.com/pete › Expat Money – https://expatmoney.com/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1h 20min
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  3. Number 3: #210 - Simon Dixon - "They're Coming For Everything": $40T Debt, AI Job Collapse & The CBDC Grid

    Simon Dixon is an author, early Bitcoin investor, and co-founder of Bank To The Future, with over two decades of experience across stockbroking, market making, and investment banking. Having observed system mechanics from the inside, he specialises in macro structural shifts, sovereign debt cycles, and the emerging intersection between traditional finance, AI infrastructure, and digital assets. Simon and I discuss the $40 trillion US national debt crisis, the mechanics behind Treasury debt rollovers, and how central banks socialise bond market losses onto ordinary citizens while privatising gains into stock markets. We also discuss the corporate debt boom driving the AI data centre build-out, real-term wealth erosion in the housing market, and how technocratic structures are positioning programmable money and CBDCs as crisis bailouts. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - The $40 Trillion US Debt Milestone 00:02:09 - Understanding Treasuries & The $9.7T Debt Rollover 00:06:30 - Socializing Losses & Inflation On The Middle Class 00:10:48 - Bond Vigilantes & Foreign Lenders (Cayman & Japan) 00:12:46 - The Triffin Dilemma & World Reserve Currency 00:16:00 - SpaceX Valuation & Stock Market Mechanics 00:19:03 - The Corporate AI Debt Build-Out 00:22:04 - Protecting Assets Against Currency Debasement 00:24:47 - AI Disinflation vs Currency Debasement 00:28:36 - Comparing The AI Boom To 2000 & 2008 00:31:36 - UK Property Market & Inflation-Adjusted Returns 00:33:46 - Wealth Taxes, Exit Taxes & Asset Acquisitions 00:41:20 - Will AI Eliminate Middle-Class Jobs? 00:44:14 - Programmable Money, CBDCs & Social Credit Systems 00:50:44 - Three Classes Of The Technocratic Era 00:54:47 - The Role Of Bitcoin In Financial Resistance 00:57:12 - Why Key Management Is The Ultimate Digital Skill 01:00:00 - The Coldcard Exploit & Hardware Wallet Lessons 01:08:16 - Simon's Origin: The 2000 Dot-Com Crash 01:13:58 - Rules Of The Game & Building A Sovereign Plan 01:21:50 - Reconnecting Outside Of The Digital Screen - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – https://www.instagram.com/mccormack555/ › X/Twitter – https://x.com/petermccormack/ CONNECT WITH SIMON DIXON › X/Twitter – https://x.com/SimonDixonTwitt › Simon Dixon Hard Talk – https://www.youtube.com/@SimonDixonOfficial SPONSORS › IREN – https://www.iren.com/ › Venice – https://venice.ai/ › Arch Public – https://archpublic.com/peter › Expat Money – https://expatmoney.com/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1h 29min
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  4. Number 4: #206 - Emad Mostaque - "Your Job's Economic Life Expectancy Ends In 2 Years"

    Emad Mostaque founded Stability AI, built Stable Diffusion, and helped kick off the open-source generative AI explosion - before stepping down to build a new blueprint for human freedom as founder and CEO of Intelligent Internet. A former hedge fund manager turned tech pioneer, he argues that we have reached the end of our "economic life expectancy," and that within two years, virtually any job that can be done remotely will be done cheaper, faster, and better by artificial intelligence. Emad and I discuss why 50% of work tasks are about to collapse like a sand pile, the arrival of $1.50-an-hour humanoid robots that fit directly into human-shaped holes, and why the state will inevitably try to license AI and use brain-scanning technology to prevent you from lying. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - Your Economic Life Expectancy Ends In 2 Years 00:03:14 - $1.50/Hour Humanoid Robots Are Arriving 00:05:31 - The Collapse Of Remote Work & The Philippines Call Centers 00:09:12 - Lifelike Companions & $160,000 Sex Bots 00:12:00 - The Operating Model Gap Is Solved 00:15:26 - Can A Robot Punch Your Head Off? 00:19:08 - Dark Factories & 80 Companies Building Humanoids 00:24:55 - Why Society Has No Idea What Is Coming 00:29:17 - AI Licensing & Reconstructing Brain Images 00:32:41 - Replacing Government & Policy With AI 00:37:35 - VAR, Football, And Moving The Argument 00:41:48 - Biased AI & Asking ChatGPT How To Fix Culture 00:46:14 - Why The UK Government Ignored $1B AI Founders 00:49:38 - Rewriting The Fundamental Equations Of Economics 00:54:01 - Asimov's Foundation, The Mule & Super-Persuasive AI 00:58:47 - Post-Scarcity & Why UBI Can't Work Under Payroll Taxes 01:03:36 - What Do The Elites Actually Want? 01:09:59 - Monopoly On Violence & Dystopian Control 01:13:18 - All Math And Physics Will Be Solved Next Year 01:17:11 - Why OpenAI Is Slowing Down Super-Genius Models 01:19:07 - 14,000 Tokens A Second & Swarm Intelligence 01:23:46 - Why Plebs Won't Get Access To Frontier AI 01:28:41 - Switching Money To Pay People For Being Human 01:33:08 - Why Emad Started Working In AI 15 Years Ago 01:38:10 - The Fisherman, The Investment Banker, And Adopting Cats - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – https://www.instagram.com/mccormack555/ › X/Twitter – https://x.com/petermccormack/ CONNECT WITH EMAD MOSTAQUE › Book - thelasteconomy.com - Emad's first book, and Amazon best seller › Website - cw.ii.inc - How we survive and thrive in the age of AI back to first principles › Website - ii.inc - Aan AI future to raise all humanity SPONSORS › IREN – https://www.iren.com/ › Venice - https://venice.ai/ › Expat Money – https://expatmoney.com/peter › Arch Public – http://archpublic.com/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED AND EDITED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    1h 46min
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  5. Number 5: #209 - Johann Hari - We Built A World Humans Can’t Survive

    Johann Hari is an internationally bestselling author and journalist whose work - including Stolen Focus, Lost Connections, and Chasing the Scream - delves into the structural and societal drivers behind attention collapse, depression, anxiety, and addiction. Moving beyond individual blame, he explores how digital architecture, surveillance capitalism and the erosion of human connection are actively reshaping modern minds. Johann and I discuss why material progress has failed to deliver psychological fulfilment, how our 19th-century factory-model education system deadens curiosity in children, and why depriving youth of unsupervised, risky play has fuelled a global spike in anxiety. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 - The Kind Are Muffled, The Cruel Get A Megaphone 00:05:31 - The Room In Monaco 00:08:52 - AI Is Like Fire 00:18:35 - The School With No Lessons 00:28:12 - Am I Preparing My Kids Wrong? 00:32:03 - The Hewlett Packard Experiment 00:40:11 - Flair, Football And Changing The Game 00:45:11 - Negativity Bias On Steroids 00:49:15 - Dance To The Algorithm Long Enough 00:55:03 - We're Building A Worse World For Our Kids 01:02:30 - Lead Made Us Dumber 01:11:17 - Half Of Britain Used To Smoke 01:18:30 - It Would Have Sounded Like Science Fiction 01:29:03 - We Built A Fort 01:38:45 - Oasis 1995 vs Elton John 2019 01:44:28 - I Know Exactly How To Get To 5 Million 01:56:59 - Let's Not Murder Each Other 02:07:14 - The Thing I Suppressed 02:15:39 - Almost Every Rich Person I've Met Is Miserable 02:25:16 - It's A Wonderful Life - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – https://www.instagram.com/mccormack555/ › X/Twitter – https://x.com/petermccormack/ CONNECT WITH JOHANN HARI › Website – https://johannhari.com/ › Stolen Focus – https://stolenfocusbook.com/ › X/Twitter – https://x.com/johannhari101 SPONSORS › IREN – https://www.iren.com/ › Venice – https://venice.ai/ › Ledn – https://www.ledn.io/peter › Arch Public – https://archpublic.com/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Hosted on Acast. See acast.com/privacy for more information.

    2h 34min
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