The Peter McCormack Show

EDITED BY CONOR MCCORMACK

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#217 - Lee Cronin - AI Will Never Be Conscious. This Is How We Create Real Life. Oct 01, 2026

Show notes

Chemist and University of Glasgow professor Lee Cronin argues that the current tech narrative is a "massive AI delusion," dismissing modern artificial intelligence as an advanced form of plagiarism rather than a new life form. While Silicon Valley predicts the imminent arrival of sentient machines, Cronin explains that AI models are merely trained on human history-making them powerful tools, but fundamentally incapable of the curiosity, consciousness and biological intelligence that define true life.

Instead of fearing silicon, Cronin’s actual mission is far more ambitious: programming chemistry to solve the origin of life and turn sand into living cells. In this episode, we explore why biological consciousness is tied to an unbroken 3.8-billion-year evolutionary lineage and why silicon will never replicate it. Cronin also breaks down why DNA might just be a cosmic fluke, how chemistry can be used to measure the complexity of life and why he firmly believes we will detect actual alien life within the next two decades.

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TIMESTAMPS:

00:00:00 - The AI Model Is Not Intelligent

00:01:38 - Trying To Create Life In A Lab

00:06:29 - Consciousness Is An Illusion

00:08:51 - We Know Nothing About The Origin Of Life

00:11:24 - Nobody Can Define Life

00:13:48 - The Adam Savage Definition

00:17:21 - Molecules Came Before Cells

00:21:53 - DNA Is A Fluke

00:25:48 - Biology Is The Descendant Of Chemistry

00:26:36 - Dark Matter And Dark Energy

00:31:50 - The Meaning Of Life Is Existence

00:35:18 - If You Handed Me Alien Matter

00:40:28 - What Is Digital Chemistry?

00:42:28 - Six Eureka Moments

00:49:12 - Unfathomable Is Not Strong Enough

00:53:01 - Could You Copy A Human?

01:11:55 - Why The AI Escape Story Was Nonsense

01:16:28 - The Photograph Nobody Thought Possible

01:18:25 - Curiosity Is The Coolest Thing We Have

01:31:33 - Social Media Is The New Smoking

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CONNECT WITH LEE CRONIN

› Cronin Group – https://www.chem.gla.ac.uk/cronin/

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#216 - Ross Clark - Britain is Bust & The Coming Sovereign Debt Crisis Sep 29, 2026

Show notes

The UK has accumulated £3.4 trillion in debt, and the interest payments alone now dwarf the national defence budget. Author and journalist Ross Clark argues that the nation is sleepwalking into a sovereign debt crisis that politicians refuse to acknowledge.

We discuss the brutal arithmetic of the public purse, detailing why standard political talking points - like taxing billionaires-are mathematical illusions that fail to address the core rot of uncontrolled state spending and collapsing public sector productivity.

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TIMESTAMPS:

00:00:00 - Print The Money, Get Hyperinflation

00:01:17 - Is Britain Bust Or Trading Insolvent?

00:02:57 - Whose Fault Is This?

00:07:24 - Taxing The Billionaires Buys Six Months

00:09:12 - How Bad Is The Debt Really?

00:12:07 - Perma-Stimulus

00:14:22 - No Party Has A Viable Plan

00:17:32 - What The Public Actually Thinks About Tax

00:19:21 - Three Choices On The Bond Market

00:24:02 - Where He Would Cut

00:25:33 - The Motability Scheme

00:29:03 - The Client State

00:30:06 - Austerity Never Actually Happened

00:34:21 - Productivity Is Almost Everything

00:44:32 - The Chancellor's Oldest Trick

00:46:51 - The Wealth Tax Trap

00:50:03 - The 1976 Tribute Act

00:55:59 - What Liz Truss Got Wrong

00:59:18 - How Would You Know A Crisis Had Started?

01:04:38 - What Gives Him Confidence

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FILMED BY CURTIS TAYLOR

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#215 - Nick Bostrom - "We Are Creating Superintelligence": The Existential Risk is Real Sep 24, 2026

Show notes

Nick Bostrom is a world-renowned philosopher, founding director of the Future of Humanity Institute at Oxford University and author of Superintelligence: Paths, Dangers, Strategies and Deep Utopia. Widely credited with launching the global AI safety and existential risk movements, his work on machine alignment, recursive self-improvement and the Simulation Hypothesis has shaped how world leaders, tech founders and frontier AI developers view the future of humanity.

In this episode, we discuss the rapid acceleration toward machine superintelligence and why leaving biological minds "in the dust" creates an urgent alignment crisis. We explore the real-world social fallout of AI-including looming 30% white-collar unemployment-alongside existential risk scenarios, the potential creation of an oppressed digital "slave class" and why humanity may already be living inside an advanced computer simulation.

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TIMESTAMPS:

00:00:00 - Machine Minds That Leave Us In The Dust

00:01:33 - The Freak Out Camp

00:03:08 - We Already Have An Alignment Problem

00:05:07 - Why Nobody Can Afford To Slow Down

00:08:41 - The Anti-AI Movement Is Growing

00:13:19 - Three Buckets Of Disaster

00:15:02 - Winner Takes All

00:16:24 - Why It Might Still Need Us

00:18:55 - What Superintelligence Actually Unlocks

00:20:50 - What Do We Even Want It For?

00:22:14 - Did An AI Push Someone Off A Building?

00:24:15 - Can A Weaker AI Align A Stronger One?

00:28:51 - Will AI Become Conscious?

00:33:17 - Was Consciousness An Accident?

00:40:53 - Uploading A Human Brain

00:45:51 - What Happens To Status?

00:49:51 - We Could Redesign Ourselves

00:52:31 - My Daughter Is Studying Philosophy

00:56:35 - The Simulation Argument

01:04:20 - We Are Going To Need Some Luck

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CONNECT WITH NICK BOSTROM

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SPONSORS

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FILMED BY CURTIS TAYLOR

EDITED BY CONOR MCCORMACK

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Hosted on Acast. See acast.com/privacy for more information.

#214 - Prof. Richard Werner - "They Are Traitors": How Central Banks Sabotage Wealth & Create Crises Sep 22, 2026

Show notes

Prof. Richard Werner is a world-renowned economist, professor of banking, and author of Princes of the Yen. Famous for coining the term "Quantitative Easing" (QE) and publishing the first empirical proof that private banks create money out of thin air through lending, he has spent decades exposing the central planning mechanisms that dictate global finance.

In this episode, we discuss the ”Revealed Preference" framework - demonstrating why we must analyse central bankers by their actions rather than their rhetoric. He explains how central planners use artificial recessions and banking crises as "windows of opportunity" to consolidate ownership, why textbook economics deliberately obscures credit creation, and how establishing decentralised local banks can unlock sustainable 10%+ annual growth.

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TIMESTAMPS:

00:00:00 - Central Bankers Are Traitors To Their Countries

00:01:04 - Why Can't Britain Grow?

00:06:50 - Princes Of The Yen

00:11:19 - It Was Always About Control

00:13:38 - Banks Don't Lend Your Deposits

00:14:27 - Show Me Where The Money Is Created

00:16:14 - Every School Of Economics Gets It Wrong

00:20:14 - Why Would They Do This?

00:21:57 - Britain Is Close To Central Planning

00:22:46 - America Once Had 30,000 Banks

00:27:48 - The Problem Was Identified In 1918

00:31:18 - Who Runs The City Of London?

00:33:46 - We Need Thousands Of Small Banks

00:38:14 - First The Money, Then The Power

00:44:04 - Every Country Can Have 10% Growth

00:47:12 - Liz Truss And The Bank Of England

00:50:23 - We Don't Need Central Banks

00:52:22 - Were The Austrians Right?

00:57:35 - They Want Your Savings

00:59:21 - Europe's New Right

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CONTACT PETE

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CONNECT WITH RICHARD WERNER

› Website – https://professorwerner.org/

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SPONSORS

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FILMED BY CURTIS TAYLOR

EDITED BY CONOR MCCORMACK

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Hosted on Acast. See acast.com/privacy for more information.

#213 - Russell Napier - "They Are Stealth-Stealing Your Monday”: Financial Repression is Here Sep 18, 2026

Show notes

Russell Napier is a renowned financial historian, author of The Solid Ground newsletter, and co-founder of the Library of Mistakes. Having advised global institutional investors for over thirty years, he specialises in long-term macroeconomic cycles, central bank interventions, and structural debt resolution.

In this episode, we discuss the mechanics of "financial repression" - how Western governments use subtle regulatory mandates to force pension funds into negative-yielding sovereign bonds, effectively stealth-taxing savers to inflate away unpayable public debts.

He explains how risk-free assets have lost up to 78% of their real capital value, while revealing why the UK’s private sector balance sheet is "coiled like a spring" for an unprecedented economic boom.

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TIMESTAMPS:

00:00:00 - Stealing Money From Old People

00:01:26 - Britain Wants Lower Taxes Now

00:03:14 - The Public Sector Is Broke, The Private Sector Isn't

00:05:17 - Why Nobody Feels Richer

00:07:42 - It Has Never Been Easier To Fix This

00:09:47 - The Ideology Holding Britain Back

00:16:09 - What Financial Repression Actually Is

00:17:45 - We Need 4% Growth

00:19:40 - They Are Coming For The Savers

00:24:26 - How They Made Pension Funds Buy The Bonds

00:25:23 - The Triple Lock

00:29:28 - What Should A Saver Actually Do?

00:34:41 - Bitcoin And Gold

00:38:36 - Europe Wants Your Savings

00:40:43 - France Is Worse Than America

00:44:27 - You Are Now The Enemy

00:47:31 - We Have To Build Like Never Before

00:54:37 - Can AI Deliver A Productivity Boom?

01:01:19 - AI Will Trigger A Debt Crisis

01:06:15 - Three Firms Own Everything

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CONNECT WITH RUSSELL NAPIER

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#212 - Callum Smiles - "They Are Stealing The Country": Border Gangs, Fake Deliveroo Accounts & The Civil War Sep 16, 2026

Show notes

Callum Smiles is an investigative reporter and Associate at the Wyvern Fellowship. Having spent years conducting on-the-ground reporting across Calais, Dunkirk, and the Spanish enclave of Ceuta, he has documented the operational realities of Channel crossings, NGO involvement, and human trafficking networks across Europe.

In this episode, Callum and I discuss the true mechanics behind illegal migration - from TikTok marketing campaigns run by trafficking gangs to the widespread abuse of gig-economy delivery accounts within the UK. We examine the systemic collapse of public infrastructure, government procurement waste, and the rise of local "parallel institutions" designed to rebuild community resilience independent of central state control.

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TIMESTAMPS:

00:00:00 - A 200 Grand Crossing

00:01:04 - The Failure of Modern Britain

00:02:46 - Where Is The Tax Money Going?

00:03:45 - NHS Inefficiency vs. Private Healthcare

00:05:45 - Single Air Fresheners & £600 Bed Moves

00:07:08 - The True Scale of Channel Crossings

00:10:00 - UN Conventions & Albanian Marketing Campaigns

00:12:30 - The Business Model: £3,000 Seats & TikTok Deals

00:14:32 - The Deliveroo Black Market & Criminal Networks

00:20:00 - What Are NGOs Actually Doing in Northern France?

00:22:21 - Conditions in Calais & Human Exploitation

00:26:34 - MOD Housing Contracts & Government Procurement

00:31:28 - Where Do National Lottery Grants Go?

00:37:38 - Undocumented Arrivals: Destroyed Passports on Planes

00:41:21 - Demographic Shifts & The Risk of Civil Unrest

00:44:25 - Legal Aid, Human Rights Laws & Border Enforcement

00:47:31 - The Political Class vs. Productive Taxpayers

00:52:48 - Eyewitness Report: The Ceuta Border Crisis

01:05:08 - Repurposing Military Bases for Migrant Housing

01:11:07 - Property Drop & High Street Decline in London

01:15:00 - Building Parallel Institutions: The Wyvern Fellowship

01:23:21 - Taking Back Local Control

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CONTACT PETE

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CONNECT WITH CALLUM SMILES

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› Website – https://www.callumsmilesmedia.com/

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FILMED BY CURTIS TAYLOR

EDITED BY CONOR MCCORMACK

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Hosted on Acast. See acast.com/privacy for more information.

#211 - Jim Al-Khalili - Reality Is An Illusion: Quantum Entanglement, Time & Dark Energy Sep 11, 2026

Show notes

Prof. Jim Al-Khalili is a theoretical physicist, author, and public broadcaster who holds a chair in physics at the University of Surrey. Known for his BBC documentaries and popular science books, including On Time and The World According to Physics, his work spans quantum mechanics, nuclear reaction theory, and the fundamental nature of space-time.

Jim and I discuss the divide between psychological "manifest time" and the laws of physics. Jim explains general relativity, gravitational time dilation, and the astrophysics behind Interstellar, before tackling the mathematical conflict between general relativity and quantum mechanics. Jim breaks down quantum entanglement, Bell’s Inequality, and competing models of reality-from the Copenhagen view to the Many-Worlds interpretation. Finally, we discuss how AI systems are formalizing complex mathematical theorems and processing deep-space data to decode dark matter and dark energy.

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TIMESTAMPS:

00:00:00 - Where Physics Breaks Down

00:01:10 - I'm 47 And Thinking About Time

00:03:45 - Is Time An Illusion?

00:06:44 - Why Your Phone Proves Einstein Right

00:07:47 - The Fifth Dimension In Interstellar

00:09:46 - Carl Sagan And The Invention Of Wormholes

00:12:36 - Is There A White Hole?

00:15:07 - Was The Big Bang A White Hole?

00:18:35 - Nobody Understands String Theory

00:19:18 - Gravity Is Not A Force

00:22:58 - Spooky Action At A Distance

00:25:39 - They Proved Einstein Wrong

00:27:56 - Nothing Exists Until You Measure It

00:30:58 - Schrödinger's Cat

00:36:40 - What I Want To Know Before I Die

00:43:12 - Fermat's Last Theorem

00:47:41 - What If You Pointed AI At Physics?

00:54:23 - Borrowing Energy From The Vacuum

00:57:07 - Dark Matter Is A Bad Name

01:06:10 - Is There An Edge To The Universe?

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CONTACT PETE

› Website – http://petermccormack.com

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CONNECT WITH JIM AL-KHALILI

› Website – https://jimal-khalili.com/

› The Life Scientific – https://www.bbc.co.uk/programmes/b015sqc7

› Sunfall – https://www.penguin.co.uk/books/307996/sunfall-by-al-khalili-jim/9780857503527

› X/Twitter – https://x.com/jimalkhalili

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FILMED BY CURTIS TAYLOR

EDITED BY CONOR MCCORMACK

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Hosted on Acast. See acast.com/privacy for more information.

#210 - Simon Dixon - "They're Coming For Everything": $40T Debt, AI Job Collapse & The CBDC Grid Sep 09, 2026

Show notes

Simon Dixon is an author, early Bitcoin investor, and co-founder of Bank To The Future, with over two decades of experience across stockbroking, market making, and investment banking. Having observed system mechanics from the inside, he specialises in macro structural shifts, sovereign debt cycles, and the emerging intersection between traditional finance, AI infrastructure, and digital assets.

Simon and I discuss the $40 trillion US national debt crisis, the mechanics behind Treasury debt rollovers, and how central banks socialise bond market losses onto ordinary citizens while privatising gains into stock markets. We also discuss the corporate debt boom driving the AI data centre build-out, real-term wealth erosion in the housing market, and how technocratic structures are positioning programmable money and CBDCs as crisis bailouts.

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TIMESTAMPS:

00:00:00 - The $40 Trillion US Debt Milestone

00:02:09 - Understanding Treasuries & The $9.7T Debt Rollover

00:06:30 - Socializing Losses & Inflation On The Middle Class

00:10:48 - Bond Vigilantes & Foreign Lenders (Cayman & Japan)

00:12:46 - The Triffin Dilemma & World Reserve Currency

00:16:00 - SpaceX Valuation & Stock Market Mechanics

00:19:03 - The Corporate AI Debt Build-Out

00:22:04 - Protecting Assets Against Currency Debasement

00:24:47 - AI Disinflation vs Currency Debasement

00:28:36 - Comparing The AI Boom To 2000 & 2008

00:31:36 - UK Property Market & Inflation-Adjusted Returns

00:33:46 - Wealth Taxes, Exit Taxes & Asset Acquisitions

00:41:20 - Will AI Eliminate Middle-Class Jobs?

00:44:14 - Programmable Money, CBDCs & Social Credit Systems

00:50:44 - Three Classes Of The Technocratic Era

00:54:47 - The Role Of Bitcoin In Financial Resistance

00:57:12 - Why Key Management Is The Ultimate Digital Skill

01:00:00 - The Coldcard Exploit & Hardware Wallet Lessons

01:08:16 - Simon's Origin: The 2000 Dot-Com Crash

01:13:58 - Rules Of The Game & Building A Sovereign Plan

01:21:50 - Reconnecting Outside Of The Digital Screen

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CONTACT PETE

› Website – http://petermccormack.com

› Feedback – https://www.petermccormack.com/contact

› Email – me@petermccormack.com

› Instagram – https://www.instagram.com/mccormack555/

› X/Twitter – https://x.com/petermccormack/

CONNECT WITH SIMON DIXON

› X/Twitter – https://x.com/SimonDixonTwitt

› Simon Dixon Hard Talk – https://www.youtube.com/@SimonDixonOfficial

SPONSORS

› IREN – https://www.iren.com/

› Venice – https://venice.ai/

› Arch Public – https://archpublic.com/peter

› Expat Money – https://expatmoney.com/peter

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LISTEN / SUBSCRIBE

› Apple Podcasts: https://apple.co/40ruY9K

› Spotify: https://spoti.fi/3Wc94Vu

› Fountain: https://bit.ly/FountainPM

› YouTube: https://bit.ly/YouTube_PM

› Rumble: https://bit.ly/RumblePM

FILMED BY CURTIS TAYLOR

EDITED BY CONOR MCCORMACK