Paradigm Shock

The first in person video recording of a Paradigm Shock episode, now available on the new YouTube Channel.

In a thought-provoking discussion on Paradigm Shock, University of Notre Dame Professor Dr. Joanna Santos explores the significant intersection of AI and cybersecurity. The episode sheds light on the capabilities of Anthropic's Mythos and other advanced models, an AI that can identify and patch vulnerabilities autonomously but is kept under wraps to prevent misuse. Santos emphasizes the shifting dynamics in cyber threats, as AI speeds up the detection and exploitation race. She also touches on the potential role of...

Charlie Bullock from The Institute for Law and AI joins Anjon Roy on Paradigm Shock to delve into the challenges of AI governance amidst high uncertainty. Highlighting the radical optionality framework, Bullock advocates for developing government capabilities to respond flexibly to AI advancements. They explore policy suggestions like transparency laws and evaluation mechanisms as crucial tools for managing AI's rapid progression. By prioritizing institutional readiness over fixed regulations, the dialogue points to a necessary shift in political focus to adequately prepare for AI's potentially revolutionary impacts on society, even when the exact outcomes remain unpredictable.

Show Links<...

The latest episode of Paradigm Shock features Anjon interviewing Stephen Saine, CEO of AnyBio, discussing the hurdles of deploying AI in clinical settings. Saine explains how AnyBio simplifies compliance for healthcare developers, making it easier to bring AI innovations to market securely. He describes the challenges of maintaining data safety with personal health information and the regulatory landscape surrounding AI in healthcare. The conversation covers the risks and opportunities of "vibe coding" and the potential risks of hallucination in clinical AI, stressing the critical importance of compliance to successfully integrate AI into healthcare solutions safely and effectively.

...

(Note: This episode is sponsored by Edel Finance)

In this episode of Paradigm Shock, host Anjon Roy speaks with Andrés Soltermann from Edel Finance about their groundbreaking work in decentralized finance. Sulterman discusses his journey from software engineering to co-founding Edel, a company focused on creating a lending market for tokenized equities. They explore the transformative potential of blockchain technology in securities lending and the broader financial infrastructure, highlighting how Edel Finance is pioneering new opportunities in the space. As they delve into the company's motivations and strategic decisions, listeners gain insight into the evolving landscape o...

Anjon Roy welcomes AI Governance expert Andrew Harrison to Paradigm Shock to discuss the complex challenges of AI Safety and Governance. Harrison shares insights from his multidisciplinary educational and professional journey, emphasizing the importance of synthesizing perspectives from psychology, data science, technology and international relations. The discussion spans emerging risks associated with the wide distribution of agent deployment, model scheming, technical solutions like mechanistic interpretability, the pivotal role of constitutional AI frameworks, and cyber risks from potential uplift scenarios. The episode underscores the transformative potential and risks of AI and the necessity of understanding its impacts on economic systems...

In the Paradigm Shock podcast, Anjon Roy and guest David Timis delve into the complex dynamics of AI's impact on the labor market. As a leading advocate in workforce development, Timis shares insights from his roles across various global organizations. They tackle critical questions about AI's potential to either diminish or redistribute employment opportunities. Highlighting both theoretical debates and on-ground realities, the discussion focuses on the current and future effects of AI on job availability, particularly for vulnerable communities and younger workers entering the job market. They also discuss potential catastrophic risk scenarios, such as the extreme power concentration...

In this episode of Paradigm Shock, host Anjon Roy welcomes Notre Dame Professor Emeritus Jeffrey Bergstrand, a leading figure in international trade economics. Bergstrand shares his journey from aspiring disc jockey to renowned economist, highlighting his influential Gravity Equation model, which transformed the study of international trade by explaining trade flows through economic mass and distance. He also reflects on the evolving views of globalization, examines modern disruptions such as tariffs, trade wars and the current oil price shock and discusses artificial intelligence's impact on the labor market. They also share thoughts about the new nominee for US Federal...

In a fascinating discussion on Paradigm Shock, legendary computational social science Professor Sandy Pentland joins the show to unpack the geopolitical and social implications of advanced AI. Fresh off his discussions on AI Sovereignty, Canadian Prime Minister Mark Carney's ground breaking speech, and open source initiatives such as the India Citizen Stack at the 2026 World Economic Forum in Davos, Sandy finds mid-sized nations seeking to reclaim digital sovereignty from American and Chinese tech giants.

We also dive into the core thesis of his latest book, Shared Wisdom, exploring how humanity's true superpower lies in our collective cultural...

Evan Kaldelis, Global Deputy CEO of Fintech firm 3S Money, discusses his approach to integrating AI and human interaction within the fintech sector on Paradigm Shock. Emphasizing a personalized strategy for SMEs, Evan elaborates on why human-led processes are essential in specific areas of fintech, such as customer service, while AI is embraced for operational tasks. He argues for a human-centered model in regulated financial environments where determinism and risk minimization are crucial. This podcast episode is an insightful look into how fintech can leverage technology while still prioritizing the quality of human connection. This episode concludes with a...

Nicholas Arcolano, Head of Research at Jellyfish joins Paradigm Shock to discuss the intersection of AI and software engineering, highlighting findings from recent research on AI-enabled coding assistants. The episode provides a unique look at how he leverages comprehensive data analysis to derive meaningful insights about AI’s impact on software engineering. Arcolano's reflections illuminate the necessity of simplifying complex models to understand multifaceted human and technological interactions. The insights shared extend beyond software engineering, offering a broader perspective on AI governance, adoption, and transformation within organizations, setting a path for future advancements in managing AI systems.

Sh...

Dr. Vasant Dhar joins Paradigm Shock to discuss pivotal shifts in artificial intelligence. Known for bridging academia and practice, Dhar outlines AI's journey from expert systems, reliant on human-specified knowledge, to the advent of machine learning, deep learning and general intelligence, driven by data availability. He shares personal anecdotes, including early successes in uncovering data patterns that reshaped trading strategies on Wall Street. His narrative emphasizes AI's trend towards predictive modeling and its transformative role across sectors. Dhar's book, 'Thinking with Machines,' serves as a guide to understanding these developments, urging readers to navigate AI's opportunities and challenges thoughtfully.

This episode is part of a series of episodes on Artificial Intelligence planne...

Dr. Ewelina Kurtys, a neuroscientist with the firm Final Spark, features on the Paradigm Shock podcast. We discuss her transition from academia to commercialization of revolutionary biocomputing technology, where living neurons function as processors. Emphasizing the energy efficiency of neurons over traditional silicon chips, Dr. Curtis explains the process and potential of programming neurons for computation. By encompassing various disciplines like biotechnology, neuroscience, and AI, this episode explores the potential benefits and future applications of this emerging field, along with risks and ethical considerations.

Show Notes:

Final Spark Website: https://finalspark.com/

Dr...

The latest episode of Paradigm Shock features Dr. Paul Sheard, former Vice Chairman and Chief Economist at Standard and Poor's, a former advisor to two Japanese prime ministers, a senior official at multiple global institutions, and the author of numerous papers and books, including his latest "The Power of Money", a WSJ Best Seller. Listeners delve into why popular economic narratives, especially regarding monetary policy, have often missed the mark post-2008 global financial crisis. Sheard's varied experiences, from studying Japanese industrial systems to navigating global economics at S&P, allow him to address complex topics with depth. His analysis...

Catherine Bracy, author of 'World Eaters: How Venture Capital is Cannibalizing the Economy,' discusses her journey from civic tech to challenging the current venture capital system. Arguing that VC investment models impose a narrow business monoculture and problematic uniformity, Bracy highlights the risks of current funding models to innovation and the broader economy. She suggests that a diverse range of business models and funding mechanisms is crucial for sustaining growth and innovation in the tech sector, advocating for venture capital to revert to its original supportive, innovation-friendly role in fostering more varied types of business success. They also...

This unique episode of Paradigm Shock features Alex Johnson, author of the FinTech Takes newsletter, discussing the road less traveled in fintech analysis. They explore Alex's career trajectory from growing up in Bozeman, Montana, to becoming a leading fintech expert. The discussion emphasizes the importance of adaptability and leveraging the Internet's power to reach niche audiences. Their conversation delves into the challenges of maintaining independence amidst industry pressures and the joy of transforming a passion into a thriving career. Alex inspires listeners to pursue what excites them, sharing valuable lessons on finding opportunities in unexpected places. The latter portion...

In an unprecedented move, JPMorgan Chase announced plans to charge fintech companies for accessing consumer data, igniting significant debate within the fintech community. This decision follows the Consumer Financial Protection Bureau's announcement to rescind Rule 1033, which previously mandated free data access under consumer consent. The decision has profound implications for open banking and the fintech sector, with potential alterations in partnerships and strategies. Industry players face uncertainty as they navigate technical, legal, and ethical challenges, balancing infrastructure costs with consumer rights and business interests. The outcome is uncertain, with ongoing litigation possibly influencing the landscape.

Bloomberg Story...

Ahmed Siddiqui, the best-selling author of 'Anatomy of the Swipe,' joins Paradigm Shock to unravel the complexities of the payment system. Through his famous book, Siddiqui breaks down the mechanics behind every credit card swipe, explaining the sequence of events occurring within seconds of the transaction. With a visual and story-driven approach, Siddiqui aims to educate both novices and industry insiders on the intricate world of payments, offering insights into his career, and highlighting the areas ripe for fintech innovation including open banking and tokenization. He also announces a new initiative towards the end of this episode. Note...

In a captivating episode of Paradigm Shock, host Anjon Roy interviews fintech expert Martin Kleinbard on his recent report about the potential 'Credit Time Bomb' in consumer credit assessments. The discussion centers on the limitations of traditional credit scoring models like FICO in today's AI-driven world, presenting another potential AI Alignment challenge. Martin proposes a shift towards cash flow-based underwriting to better evaluate credit risk, leveraging the capabilities of open banking. This approach could mitigate current threats in consumer lending while aligning credit assessments with modern financial behavior, potentially paving the way for a more inclusive and accurate credit...

In this episode, veteran journalist Steven Ehrlich discusses his unexpected journey into crypto journalism. Originally a DoD contractor, Steven transitioned to the digital asset sphere through various roles at Forbes and Unchained. Throughout his career, he has witnessed the boom and bust cycles of cryptocurrency, reflecting on both its potential and its speculative excesses. In this discussion, he highlights critical phases in the crypto world, such as the ICO craze, DeFi summer, and NFT boom. Steven critically analyzes the speculative nature of these trends while expressing hope for crypto's future practical potential, aiming to balance exuberance with realistic expectations...

In this episode of 'Paradigm Shock,' host Anjon Roy engages with author Stephen Witt to discuss the rise of NVIDIA under the leadership of Co-founder and CEO Jensen Huang. Witt's new book, 'The Thinking Machine,' leverages an amazing level of access to explore how Huang transformed NVIDIA from a struggling gaming company into the dominant player in the semiconductor sector. They delve into the years of struggle and strategic reinvention that led to NVIDIA's groundbreaking advancements in Parallel computing with it's GPU chips, highlighting how these innovations have significantly influenced and enabled the current boom in Artificial...

In this episode of Paradigm Shock, host Anjon Roy engages with Tomaž Fleischman from the Cycles Protocol to explore the profound potential of blockchain technologies in revolutionizing financial systems with multilateral clearing and netting systems. Through an engaging narrative, they delve into netting and obligation clearing, illustrating how these processes can significantly impact both local economies and the global financial landscape. Fleischman, an expert in this field, shares his journey from computer systems engineering to pioneering blockchain projects like the Cycles Protocol. The discussion highlights blockchain’s capacity to enable decentralized peer-to-peer multilateral clearing systems, offering a transformative approach to...

Professor Steve Keen joins Paradigm Shock's Anjon Roy to discuss the enduring dominance of neoclassical economics despite its failures, notably the 2008 financial crisis. Keen shares insights from his education in mathematical economics, which sparked his skepticism towards equilibrium models and led him to explore non-equilibrium and endogenous money frameworks, extending the work of the late great Hyman Minsky. The discussion revisits pivotal moments in economic thought, such as the Cambridge capital debates, while questioning why significant paradigm shifts remain elusive. Keen advocates for an interdisciplinary approach to better address the complexities of modern economies, urging listeners to develop innovative...

Paradigm Shock welcomes Jesse Silverman, a fintech lawyer, who walks us through his career, detailing roles from a budding lawyer in Connecticut to serving at state and national regulatory bodies. Jesse shares firsthand experiences as a financial regulator during the 2008 crisis, exposing widespread fraud and systemic issues, to his experience standing up the Consumer Financial Protection Agency's Enforcement Division. He candidly discusses the challenges faced by regulators and those in industry. The conversation also touches on the transformation of financial regulation and innovations like open banking and AI, emphasizing the importance of ongoing vigilance and privacy for consumers in...

Daniel Peris joins Paradigm Shock host, Anjon Roy, to discuss his unconventional path from history academia to asset management. Peris reveals how historical knowledge can provide unique insights into financial markets, challenging the status quo and outdated methodologies. His book, 'The Ownership Dividend,' forecasts a major paradigm shift regarding dividend investing in the  U.S. Stock Market and beyond. 

Daniel’s Latest book:

The Ownership Dividend: The Coming Paradigm Shift in the U.S. Stock Market

See also his previous book also referenced:

Back to Business: Why Modern Portfolio Theory Fails Investors

Daniel’s Substack: 

https://danielxperis.substack.com/

Welcome to this special inaugural episode of Paradigm Shock! We are honored to welcome Matthew C Klein. He is the co-author with Michael Pettis of the famous book “Trade Wars are Class Wars” which won the 2021 Lionel Gelber Book Prize. He’s also a former writer for Bloomberg View, the Financial Times, The Economist and Barrons. He currently authors his newsletter The Overshoot.

Matthew is read across the world by central bankers, chief economists, academics, policymakers, and investors. Klein has given background presentations to U.S. Treasury officials, White House economic advisers, national security and intelligence staff, officia...

Introducing the exciting new podcast, Paradigm Shock