This podcast episode explores the role of gaming in driving technological innovation and its impact on various sectors beyond entertainment. The speakers discuss the historical significance of games in shaping the development of computing and graphics, as well as the current trends of AI and mixed reality in gaming. They also examine the recurring pattern of moral panics surrounding new technologies and the generational differences in response to social issues. The podcast delves into the challenges and opportunities of regulating AI, the potential of AI to create immersive experiences, and its emergence as a new kind of computer. The speakers highlight the perspectives of incumbents in the AI industry and the reasons behind gaming's viability as a venture investment. Finally, they emphasize the transformative potential of games in domains such as education, healthcare, and business, and the opportunity for independent companies to build lasting institutions with radical ideas.