This podcast episode explores the economic value of AI and the potential for businesses to leverage AI before AGI is achieved. The speakers discuss the current state of AI and its potential for generating significant economic value. They also delve into topics such as the challenges and opportunities in reinforcement learning, the potential for robotics research and development, the importance of defining alignment in AI, the implications of AGI on humanity and society, the impact of advanced general intelligence on society, the distinction between understanding existing ideas and coming up with new ideas in AI research, the future of AI and its cost of inference, the risks and benefits of increasing AI capabilities, the interconnected development of GPUs, data, and deep learning, and the potential role of academia in advancing AI capabilities. Overall, the speakers provide insights into various aspects of AI and its potential future impacts.