Stephen Schwarzman: Going Big in Business, Investing, and AI | Lex Fridman Podcast #96

Stephen Schwarzman is the CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with over 530 billion dollars of assets under management. He is one of the most successful business leaders in history.

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EPISODE LINKS:
What It Takes (book): https://amzn.to/2WX9cZu

PODCAST INFO:
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Full episodes playlist:
https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4
Clips playlist:
https://www.youtube.com/playlist?list=PLrAXtmErZgOeciFP3CBCIEElOJeitOr41

OUTLINE:
0:00 – Introduction
4:17 – Going big in business
7:34 – How to recognize an opportunity
16:00 – Solving problems that people have
25:26 – Philanthropy
32:51 – Hope for the new College of Computing at MIT
37:32 – Unintended consequences of technological innovation
42:24 – Education systems in China and United States
50:22 – American AI Initiative
59:53 – Starting a business is a rough ride
1:04:26 – Love and family

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