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Index/AI & Data/Digital Disruption with Geoff Nielson
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The AI Delusion: Why CEOs Still Don’t Get It

Digital Disruption with Geoff Nielson · 2026-05-25 · 1h 24m

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Episode notes

What if the biggest threat from AI isn’t artificial intelligence… but the economic system controlling it? Author and creator of the Lean Startup methodology, Eric Ries says many of the biggest fears around AI are actually fears about capitalism. In this episode, Eric joins us to talk about why great companies lose their value over time, how shareholder prioritization reshaped modern business, and why AI could either amplify human creativity or become the ultimate cost-cutting machine. He explains the hidden forces behind corporate corruption, the concept of “financial gravity,” and why companies like Costco continue to outperform despite rejecting many traditional Wall Street “best practices.” From private equity and governance structures to AI alignment and the future of human creativity, this conversation explores the incentives shaping business, technology, and society itself. Like and follow for weekly episodes. In this episode: 00:00 Intro 01:00 Why great companies “go bad” 02:10 The rise of corporate corruption 05:48 Is capitalism itself the problem?

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