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From healthcare to music to the global economy, AI is reshaping the systems we live in. Tech investor D.A. Wallach has a vision for a future we build alongside it.| Subscribe to Futurology! https://linkin.bio/futurology/ What do music, medicine, and markets have in common? They all run on stories we tell ourselves about how things work. And those stories are being turned on their heads by AI. In this episode, medtech investor and former Spotify Artist-in-Residence D.A. Wallach digs into what makes music special (hint: it’s not originality) and what upending the healthcare industry could look like, arguing AI is like having the world’s best doctor in your pocket. This is a conversation about taste, technology, and what happens when you follow your curiosity wherever it leads. Subscribe to the Berggruen Institute on YouTube to be the first to listen to new Futurology episodes: / @berggrueninst Catch up on the Futurology conversation with full episodes on YouTube. • Futurology Apple Podcasts https://podcasts.apple.com/us/podcast... Spotify https://open.spotify.com/show/2I38HvH... The Gap — Ira Glass (Video, 2009) https://vimeo.com/85040589 Who Owns the Future? — Jaron Lanier (Book, 2013) https://www.simonandschuster.com/book... Bitcoin for Rockstars — D.A. Wallach (Essay, 2014) https://www.wired.com/2014/12/bitcoin... Zero Toll Medicine — D.A. Wallach (Essay, 2024) https://dawallach.substack.com/p/zero... Chapters (0:00) Introduction (0:53) Wallach’s Path From Music to Investing (3:04) From College Band to a Music Career (6:10) Taste vs. Execution and “The Gap” (10:08) What makes for good taste in music? (12:18) The Role of Narrative in Songwriting (20:02) The Sometimes Arduous Process of Writing Lyrics (23:17) Michael Nesmith and the Riddle of Lyrics (25:00) Choosing to be Interested instead of Interesting (29:02) How D.A. Pivoted from Music to Investing (34:44) Healthcare Investing: Challenging a Dysfunctional System (44:13) Putting The World's Greatest Doctor In Everyone's Pocket (50:58) Zero Toll Medicine: Reimagining How We Pay for Health (56:29) D.A.’s Experience as the Spotify Artist in Residence (1:01:33) What Streaming Changed for Artists in the Past 15 Years (1:07:36) Bitcoin for Rockstars and the Blockchain Music Economy (1:15:47) The Ideology of Centralization versus Decentralization (1:23:01) The Struggle to Get Paid in a World of Free Content (1:25:35) Can AI Music Be Good? (1:34:38) The Global AI Race and the Economics of Infrastructure (1:40:31) Why We Overestimate What We Can Predict Where to find D.A. Wallach: X: @dawallach Instagram: @dawallach LinkedIn: / dawallach Show ideas and feedback? Email: futurology@berggruen.org Learn more about the Berggruen Institute https://www.berggruen.org Follow Futurology! Instagram: / futurologypod Twitter/X: https://www.x.com/futurologypod TikTok: / futurologypod Facebook: / berggrueninst LinkedIn: / berggrueninst Bluesky: https://bsky.app/profile/futurologypo... Credits Executive Producers: Nicolas Berggruen, Nathan Gardels, Nils Gilman, Dawn Nakagawa, & Jason Hoch Producers: Grant Slater, Alex Gardels, & Nathalia Ramos Associate Producer: Elissa Mardiney Theme Music: Marcus Bagala Audio Engineer: Aaron Bastinelli & Kyle Scott Wilson Futurology is a production of Studio B and Wavland for the Berggruen Institute in Los Angeles, California.