Parmy Olson | The $800 Million Deal That Changed AI Forever

10/06/2025 1h 16min
Parmy Olson | The $800 Million Deal That Changed AI Forever

Listen "Parmy Olson | The $800 Million Deal That Changed AI Forever"

Episode Synopsis

Want your own Brand or Business Podcast? Try out our NEW Podcast Calculator: https://www.boxlight.io/

The AI race isn’t just about technology — it’s about power, ethics, and vision.

In this episode of Jimmy's Jobs of the Future, Jimmy sits down with Parmy Olson, a leading tech journalist and author of the Financial Times Business Book of the Year, to unpack the true rivalry between Sam Altman (OpenAI) and Demis Hassabis (DeepMind).

From billion-dollar acquisition offers to clashing philosophies about artificial intelligence, Parmy gives us an insider’s look at:

The founding myths of DeepMind
Why Demis rejected Facebook’s $800M offer
The real difference between Altman’s “move fast” approach and Hassabis’ careful caution
The future of AI jobs and what it means for the next generation
Why journalists (and humans!) are still essential in an AI-powered world

This is the episode if you want to understand who is shaping the future — and what they aren’t telling you.

⏱️ TIMESTAMPS
00:00 Facebook’s $800M Bid for DeepMind — And Why It Was Rejected
00:28 Gen Z vs Gen X: How AI Is Used at Work
01:14 Parmy Wins FT Business Book of the Year
02:31 What It Takes to Write the Definitive Book on AI
05:12 Demis Hassabis: AI Prodigy or Cautious Genius?
08:11 Google Buys DeepMind: Ethics, Control & Data
13:13 Altman vs Hassabis: The Showdown That’s Shaping AI
34:45 AI and the Future of Work: Hope or Hype?
39:03 What University Grads Need to Know About AI
40:33 AI in Finance and Decision-Making
42:50 The Danger of Relying Too Much on AI Tools
45:59 Jobs AI Might Kill — And Ones It Could Create
49:24 Why Experts Will Still Matter in the AI Age
55:42 Parmy’s Advice for Aspiring Journalists
01:03:30 Why the Business Model Behind AI Matters
01:12:04 Personal Reflections and What Comes Next

**********

Follow us on socials!
Instagram: https://www.instagram.com/jimmysjobs
Tiktok: https://www.tiktok.com/@jimmysjobsofthefuture
Twitter / X: https://www.twitter.com/JimmyM
Linkedin: https://www.linkedin.com/in/jimmy-mcloughlin-obe/

Want to come on the show?
[email protected]

Sponsor the show or Partner with us:
[email protected]

Credits:
Host / Exec Producer: Jimmy McLoughlin OBE
Producer: Sunny Winter https://www.linkedin.com/in/sunnywinter/
Junior Producer: Thuy Dong
Learn more about your ad choices. Visit podcastchoices.com/adchoices