The Random Show: Zen, Investing, Mike Tyson, Artificial Intelligence, & the World’s Best Beers | Kevin Rose on The Tim Ferriss Show

Check Out The Tim Ferriss Show Episode Page & Show Notes

Key Takeaways

  • Three things that have made Tim Ferriss’ life a lot better:
    • Temporarily moving out of the city to a rural area where there’s more nature
    • Deleting all social media apps from his phone
    • Avoiding the news
  • Getting hit in the head is painful and it can lead to long-term consequences:
    • “It can contribute to depression, it can contribute to dementia, early-onset Alzheimer’s” – Tim Ferriss 
  • OpenAI recently released GPT-3 and it’s going to change the world:
    • “AI is going to kill so many technical jobs and it’s just crazy. I don’t see any way out of this.” – Kevin Rose
      • GPT-3 is the start of a new AI age:
        • “A major shift has happened. Like this is truly a big AI shift.” 
  • Seeing the advancements in AI has made Kevin reconsider UBI:
    • “Maybe something like universal basic income does make sense when eventually that hits and I worry that the talk now on [Wall] street is that a lot of these jobs just aren’t going to come back”Kevin Rose 
  • Tim predicts it will be at least 1.5-2 years until things bounce back to normal:
    • “I think we’re at minimum, you know, a year and a half to two years” Tim Ferriss
  • “It’s Alice In Wonderland in the markets right now” Tim Ferriss
    • There’s a lot of things happening in the stock market right now that by any rational pre-covid methods, should not be happening
      • “There’s such a dislocation between the market and the economic reality of millions of people in the United States” 

Intro

  • This is another episode of The Random Show, between Tim Ferriss (@tferriss) and Kevin Rose (@kevirose)  
    • Check out the Podcast Notes from the previous episode of The Random Show, which aired in October 2019 and one in May 2020

Books Mentioned

Update on Tim’s Life 

  • Tim tries to exercise first thing in the morning every day. Just a few minutes of exercise, such as jumping rope, will have massive positive benefits for your brain and body.  
  • Tim has been hiking in the woods for 2-3 hours a day
    • He wears ElimiTick pants which have permethrin in the fabric and helps repel ticks
    • He wears a pair of Muck Boots 
      • “Muck boots are amazing” – Tim Ferriss
    •  He also wears a GORUCK backpack. The backpack is specially designed to carry square weights that are better for you ergonomically while you hike.
      • Tim has some back problems and says GORUCK backpacks have allowed him to get a workout in without back pain 
  • Three things that have made Tim’s life a lot better:
    • Temporarily moving out of the city to a rural area where there’s more nature
    • Deleting all social media apps from his phone
      • “I really feel like social by and large, has been a huge net negative” – Tim Ferriss
        • He’ll check Twitter once every couple of weeks because people usually share interesting research studies that are relevant to Tim
    • Avoiding the news: 
      • “The vast majority of news is going to make you either anxious or really pissed off” – Tim Ferriss

Mike Tyson Is Back

  • Mike Tyson is back in the ring and will be fighting Roy Joy Jr.
  • For $200 million, would Tim Ferriss fight Mike Tyson?
    • “Absolutely not, no. There’s no fucking way.” – Tim Ferriss
  • Even at an older age, Mike Tyson is still incredibly deadly in the ring
  • Getting hit in the head is painful and it can lead to long-term consequences:
    • “It can contribute to depression, it can contribute to dementia, early-onset Alzheimer’s” – Tim Ferriss 
  • As you get older, it takes longer for your body to get in shape and recover from injuries:
    • “The fact of the matter is without higher testosterone levels and so on, your recovery time and everything else is extended” – Tim Ferriss

Thoughts on COVID

  • “I am very concerned about the secondary and third-order effects of economic destruction and high rates of unemployment” – Tim Ferriss
    • There’s a lot of anger and frustration in the US from people who can’t work or can’t find work and it’s understandable why they’re upset 
      • “Not having work, not having a sense of purpose for millions of people”
  • Tim also is concerned about how both political parties are acting and how they capitalize on people’s fears for their own political agenda
    • “Political machines who are capitalizing on that heightened emotion to try to further their aims on all sides…I’m very concerned about the country” – Tim Ferriss
  • The COVID pandemic isn’t over:
    • “The game is far from over” – Tim Ferriss
  • Creating a vaccine for COVID and educating people about the benefits of vaccines will play a huge role in beating this virus:
    • “I do think vaccines are incredibly valuable to the individual and to community and humanity overall” – Tim Ferriss
      • Tim predicts it will be at least 1.5-2 years until things bounce back to normal:
        • “I think we’re at minimum, you know, a year and a half to two years” Tim Ferriss

 Artificial Intelligence

  • OpenAI recently released GPT-3 and it’s going to change the world:
    • “AI is going to kill so many technical jobs and it’s just crazy. I don’t see any way out of this.” – Kevin Rose
      • GPT-3 is the start of a new AI age:
        • “A major shift has happened. Like this is truly a big AI shift.” 
  • Seeing the advancements in AI has made Kevin reconsider UBI:
    • “Maybe something like universal basic income does make sense when eventually that hits and I worry that the talk now on [Wall] street is that a lot of these jobs just aren’t going to come back”Kevin Rose

Thoughts on Zen

  • Kevin enjoyed the book One Blade of Grass: Finding the Old Road of the Heart, a Zen Memoir by Henry Shukman. It takes about Henry’s path to enlightenment.
  • Kevin has been studying and practicing Zen meditation:
    • “They make enlightenment less mysterious and less about being a perfect person and making it actually seem like it’s something that is attainable by everyone” Kevin Rose
  • “It’s just sitting and quieting the mind” – Kevin Rose
    • You can learn more about meditation and Zen here

Finance & Investing

  • Tim made a list of things that made him happy and noticed thinking about money actually made him anxious instead of happy. So, he’s taking a 6-12 month break period from investing.
    • “Meaning like I’m not allowed to consider new deals, I’m not allowed to look at stocks, I’m not allowed to do any of that stuff.” – Tim Ferriss
  • “It’s Alice In Wonderland in the markets right now” Tim Ferriss
    • There’s a lot of things happening in the stock market right now that by any rational pre-covid methods, should not be happening
      • “There’s such a dislocation between the market and the economic reality of millions of people in the United States” 
  • Two companies Tim put money into in April 2020: Shopify and Amazon
  • Kevin’s strategy for investing is to put most of his portfolio on safe bets like WealthFront and index funds, and then a smaller portion of his portfolio into stocks like Peleton, Amazon, Square, Shopify, Tesla, TSM, and Spotify
  • When investing, use dollar-cost-averaging to reduce the volatility of your investment

Additional Notes

Tim Ferriss Show : , , , ,
Notes By Alex Wiec

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