Video summary:

In this discussion moderated by Nicholas Adlerbert, founder of the Norskin Foundation, Daniel Schmachtenberger, founding member of the Consilience Project, talks about the need to shift our focus from valuing economic success to valuing impact on society and the environment. He criticizes the celebration of unicorns (startups with billion-dollar valuations) without considering the harm they may cause to society or the planet. Schmachtenberger argues that the current growth-oriented society is not compatible with a finite planet and highlights the need for impact entrepreneurs who are addressing the world's greatest challenges.

He discusses the concept of the Meta Crisis, which refers to the underlying dynamics that give rise to various crises, such as climate change, social injustice, and species extinction. Schmachtenberger emphasizes the role of technology, particularly exponential technologies like artificial intelligence (AI) and synthetic biology, in exacerbating these crises. He raises concerns about the misuse of AI, such as the development of AI weapons, and the potential catastrophic consequences of advanced technologies.

Schmachtenberger suggests that the current global market system, driven by a narrow focus on economic growth and financial interests, is incompatible with the well-being of the planet and humanity. He describes the market as a misaligned superintelligence that relies on human action and incentivizes the pursuit of monetary gain above all else. He argues that a fundamental change in the market system is necessary to ensure compatibility with the biosphere and the long-term survival of humanity.

While acknowledging the complexity and darkness of the challenges we face, Schmachtenberger encourages people to confront their feelings of depression and outrage. He emphasizes the importance of recognizing the inherent beauty and sacredness of life, and the need to take action to preserve it. He urges individuals to engage in activities that align with their values and to actively seek out information and perspectives that remind them of the true state of the world. He concludes by emphasizing the need for a paradigm shift in our economic, governance, education, and religious systems to safely steward the power of advanced technologies and prevent global catastrophe.