Jack Dorsey Discusses Elon Musk, AI Regulation on Breaking Points

• Jack Dorsey sat down with the YouTube channel Breaking Points for an exclusive interview.
• Dorsey shared his thoughts on Robert F Kennedy Jr., Twitter and Elon Musk, and AI.
• Kennedy has won praise from the crypto space for his vocal support.

In an exclusive interview with the YouTube channel Breaking Points, former Twitter CEO Jack Dorsey elaborated on his recent endorsement of Robert F. Kennedy, Jr. as the Democratic nominee for the 2024 United States presidential elections. Dorsey highlighted Kennedy’s focus on peace, ending wars, and addressing critical issues such as regulatory capture and the military-industrial complex. He praised Kennedy’s “intimate knowledge” of these issues, his “curiosity,” and his humanitarian perspective, considering him a “refreshing” choice among the current pool of candidates.

Kennedy, a candidate with pro-crypto views, expressed his newfound interest in Bitcoin following the Canadian government’s contentious decision to freeze the bank accounts of truck drivers who were protesting against lockdown measures. The Democratic presidential candidate voiced concerns about the government’s aggressive stance towards the digital asset industry, referring to it as a “war on crypto.” Additionally, he criticized the proposed introduction of a central bank digital currency.

Reflecting on his former company, Dorsey discussed the challenges Twitter faced as a public company, particularly its heavy reliance on brand advertising. He expressed support for Elon Musk’s leadership and revealed his initial hopes that Musk would join Twitter’s board.

“Twitter was going to have a very, very hard time continuing to be a public company. It had many pressures upon it. The advertising business, we were entirely dependent on. And not just advertising.”

Dorsey expressed his desire for the full context of the Twitter files to be released, providing a more comprehensive understanding of the decision-making process within the company. While acknowledging past mistakes, Dorsey believed that Twitter acted fairly and demonstrated more introspection compared to its peers. He specifically mentioned the mishandling of the New York Post’s Hunter Biden laptop story as an example of a mistake made.

The CEO of Block shared his perspective on social media platforms as natural monopolies due to the critical mass of users they possess. He advocated for open protocols, citing examples such as Gmail and Google’s success in building “phenomenal businesses” on open-source models.

Supporting the need for AI regulation, Dorsey underscored the importance of regulators understanding the underlying technology and focusing on fundamental aspects rather than driving specific outcomes.

Dorsey expressed his concerns about the potential negative impact of emerging technologies such as AR and VR. While acknowledging their significance, he highlighted the need for balance and genuine connections, cautioning against excessive dependence on technology.