Liv Boeree: On Competition, Moloch Traps, and the A.I. Arms Race

A snippet of our conversation below

Transcript of our conversation 8 January 2023, edited for accuracy, with external links

Eric Topol

It’s a pleasure for me to have Liv Boeree as our Ground Truths podcast guest today. I met her at the TED meeting in October dedicated to AI. I think she's one of the most interesting people I’ve met in years and the first time I've ever interviewed a professional poker player who has won world championships and we're going to go through that whole story, so welcome Liv.

Liv Boeree

Thanks for having me, Eric.

Eric Topol

You have an amazing background having been at the University of Manchester in physics and astrophysics. Back around in 2005 you landed into the poker world. Maybe you could help us understand how you went from physics to poker.

From Physics to Poker

Liv Boeree

Ah, yeah. It's a strange story, I graduated as you said in 2005 and I had student debt and needed to get a job I had plans to continue in academia. I wanted to do a masters and then a PhD to work in astrophysics in some way, but I needed to make some money, so I started applying for TV game shows and it was on one of these game shows that I first learned how to play poker. They were looking for beginners and the loose premise of the show was which personality type is best suited for learning the game and even though I didn't win that particular show we were playing for a winner take all prize of £100,000 which was a life changing amount of money had I won it at the time. It was like a light bulb moment just the game and I’ve always been a very competitive person, but poker in particular really spoke to my soul. I always wanted to play in games where it was often considered a boy’s game and I could be a girl beating the boys at their own game. I hadn't played that much cards in particular, but I just loved any game that was very cutthroat which poker certainly is. From that point onwards I was like you know what I'm going to put physics on hold and see if I can make it in this poker world instead and then never really looked back.

Eric Topol

Well, you sure made it in that world. I know you retired back in about 2019, but that was after you won all sorts of world and European championships and beat a lot of men. No less. What were some of the things that that made you such a phenomenal player?

Liv Boeree

The main thing with poker is well the most important ingredient if you really want to make it as a professional is you have to be extremely competitive. I have not met any top pros who don't have that degree of killer instinct when it comes to the game that doesn't mean it means you're competitive in everything else in life, but you have to have a passion for looking someone in the eye, mentally modeling them, thinking how to outwit them and put them into difficult situations within the game and then take pleasure in that. So, there’s a certain personality type that tends to enjoy that. The other key facet is you have to be comfortable with thinking in terms of probability. The cards are shuffled between every hand so there's this inherent degree of randomness. On the scale of pure roulette which is all luck no skill to a game like chess which has almost no luck (close to 100% skill as you can get) poker lies somewhere in the middle and of course the more you play the bigger the skill edge and the smaller the luck factor. That's why professionals can exist. It's a game of both luck and skill which I think is what makes it so interesting because that's what life is really, right? We're trying to get our business off the ground, we're trying to compete in the dating market. Whatever it is. We're doing our strategy, the role of luck life can throw your curved balls that you can do everything right and still things don't go the way you intended them to or vice versa, but there's also strategies we can employ to improve our chances of success. Those are the sort of skills that poker players particularly this idea of gray scale probabilistic thinking that you really have to hone. I've always wondered whether having a background in science or at least you know studying having ah a scientific degree helped in that regard because of course the scientific method is about understanding variables and minimizing uncertainty as much as possible and understanding what cofounding factors can bias the outcome of your results. Again, that's always going on in a poker player's mind, you'll have concurrent hypotheses. Oh, this guy just made a huge bet into me when that ace came out, is it because he actually has an ace or is it because he's pretending to have an ace and so you've got to weigh all the bits of information up as unbiased as possible in an unbiased way as possible to come to a correct conclusion. Even then you can never be certain, so this idea of understanding biases understanding probabilities I think that’s why a lot of top poker players have backgrounds in scientific degrees a very good friend of mine he had a PhD in in physics. Especially over time poker has become a much more sort of scientific pursuit. When I first allowed to play it was very much a game of street smarts and intuition in part because we didn't have the technological tools to understand really the mechanics of the game as well. You couldn't record all your playing data if you were playing just in a casino unless you were writing down your hands. Otherwise, this information wasn't getting stored anywhere, but then online poker came along which meant that you could store all this data on your laptop and then build tools to analyze that data and so the game became a much more technical scientific pursuit.

Eric Topol

That actually gets to kind of the human side of poker. Not the online version —especially since we're going to be mainly talking about AI the term “poker face” the ability to bluff is that a big part of this?

Liv Boeree

Oh, absolutely. You can't be a good poker player if you don't ever bluff because your opponents will start to notice that so that means you're only ever putting your money on the line when you have a good hand so why would they ever pay you off. The point of poker is to maximize the deception to your opponents so you have to use strategies where some of the time you might be having a strong hand and some of the time you might be bluffing where you might have a weak hand. The key is this is getting into the technical sort of game theory side of it, but you want to be doing these bluffs versus what we call value bets as in betting with a good hand with the right to sort of frequency. You need these right ratios between them, so bluffing is a very core part of the game and yes having a poker face obviously helps because you want to be as inscrutable to your opponents as possible. At the same time online poker is an enormously popular game where you can't see your opponent's faces.

Eric Topol

Right, right.

Liv Boeree

Yet you can still bluff which could actually lead us into this topic of AI because now the best players in the world are actually AIs.

Eric Topol

Well, it's interesting because it takes out that human component of being able to bluff and it may be good for people who don't have a poker face. They can play online poker and be good at it because they don't have that disguise if you will.

Liv Boeree

Right.

Game Theory and Moloch Traps

Eric Topol

That gets me to game theory and a big part of the talk you g