#96 – Stephen Schwarzman: Going Big in Business, Investing, and AI

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, all from humble
beginnings back in Philly. I recommend his recent book called
What It Takes that tells stories and lessons from this personal
journey.


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


This conversation is part of the Artificial Intelligence
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Here’s the outline of the episode. On some podcast players you
should be able to click the timestamp to jump to that time.


OUTLINE:
00:00 – Introduction
04:17 – Going big in business
07:34 – 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