welcome to moonshots in our episode called WTF just happened in Tech this week with myself and Sim Ismail we’re going to be talking about the fact that Florida Bann lab grown meats and why it should not we’re speaking about Alpha fold 3 that’s going to be able to predict how all the molecules in your body interact this is about simulating life itself we’re going to dive beyond that into what’s going on with AI and the elections all the humanoid robots coming online the explosion in China we’ll talk about Elon plans for robo taxis and the Bitcoin having all right let’s jump in you know I’ve been having amazing conversations like these for years and it’s a joy for me to share it with you and if you enjoyed as well please subscribe and share this with your friends all right let’s get into the episode Claude 3 hit 101 IQ this could get interesting over Next Period of time you can spend a couple hours and get so much personalized education it’s
[00:01:00] insane we’re going to see just the biggest explosion of AI finding these Niche things that we’ve overlooked and finding unbelievable stuff everybody Welcome to moonshots Welcome to our episode WTF just happened in Tech this week uh with myself and Saleem Ismael and Peter dandz Sim good to see you buddy good to be here yeah a lot happening every week I think we’re going to have to start to do this uh what happened in Tech like on a daily basis then an hourly basis and then just stay on all the time it’s the links that were kind of sending each other is growing very fast every day ah it’s crazy all right let’s start with this one this one your is yours you brought this up at the exerprise board meeting you know I I understand that you left Florida for you know New York and New Jersey is this the reason because you couldn’t have lab grown meat so so what’s what’s the story here what’s the story here the the story here is that Des
[00:02:00] cow to the lobbyists of the meat world uh you know he talks about freedom and yet he’s curtailing freedoms and this is the the beef I have with them pun intended there and sounds F stopping lab grown stopping lab grown meat is just absolutely killing Innovation and really bad for the planet and there’s this is wrong at so many levels it’s hard to even start talking about it I was just so angry about this the thing that I would love to do is do a lab grown meat demo and and T taste test Etc in Miami and and stick it to these idiots yeah you know we we’re running right now uh a large x prise that’s funded in part by Tony Robbins and in part by the the uh who lives in Florida in part uh by the uh Abu Dhabi government and it’s really to develop lab grown meat it’s also called stem cell grown meat better yet called cultured meat meat and this is
[00:03:01] instead of growing the entire cow instead of growing the entire pig or chicken what if we just grow the muscle and give it a chicken filet a tuna filet you know wagu beef um and imagine if the meat were cheaper taste better and healthier for you so the tuna you get has zero mercury in it right I mean my arsenic levels I just te tested are high and I’m being told because of the chicken I eat it’s like really I’m eating arsenic when I have you know a chicken breast that’s insane yeah it’s because of all the feed they’re giving all of these animals is is not normal and natural and so it’s hormone laced and all sorts of Trace chemicals are getting into them it’s a it’s it’s a mess on on this and to to ban it is just such a stupid thing to do it drives me crazy and dare I say that he’s chicken oh never mind bad ons all right let’s go this next my favorite joke about all
[00:04:00] this is when I get asked about all this I go you know the McDonald’s Big Mac has been 3D printed for decades yeah feels that way all right let’s talk about speed uh so this popped up in the news this week Japan developed 6G uh and uh I’ve been tracking this and you know those of you who are on a typical decent service today you’re on 5G and the g stands for generation and there was a one generation phone two three four generation uh 4G was um you know 100 times faster than 3G uh 5G 100 times faster than 4G and now 6G is um they’re saying 20 times faster than 5G I feel a little bit cheated by that but you know still 20 times is pretty good uh and all of a sudden you know you have literally all the information you could possibly want suck down uh you know gigabits per second into your phone yeah I felt cheated by 5G because they labeled it 5G but it was never really 5G
[00:05:01] what was it uh there was a whole bunch of marketing crap and they didn’t build the infrastructure to go along with it but this seems truly promising and a real step change and a real breakthrough so I’m very excited by this all right let’s talk about AI our favorite subject uh because it is changing the world uh and there’s a lot happening uh this is by far my favorite story of the week I actually tweeted out I’m going to still say tweet I’m sorry Elon uh I tweeted out to my followers like what were the most important stories of the week this one came in and I agree I was at the Breakthrough Awards here in La uh it’s funded by um by Yuri Milner and Mark um uh from X Facebook shall we call Mark for meta uh and and Sergey and a few others and they give out Awards not like the xprize for prospective you know something that needs to be achieved but for like breakthroughs that occurred in the past
[00:06:00] and Demis and John jumper got a award for alphafold alphafold was an AI deep Learning Network that was able to predict from an amino acid sequence how does a protein fold and it was a big deal since I was in medical school this has been the supercomputing problem can you predict how a protein would fold really hard and what’s Alpha fold 3 I’m going to read the headline here Alpha fold 3 predicts the structure and interactions of all of Life molecules so imagine this not just like how a protein folds but how that protein interacts with a uh uh lipid or carbohydrate or with a DNA molecule and so it’s literally simulating how these molecules interact with each other and it’s extraordinary um do you do you feel how big this is I I think this is huge because this allows us to fully s ulate
[00:07:00] like an organ in software right and that’s amazing for testing plus simulate plus uh illness tracking diagnosis therapies Etc full digital twin I mean this is going to be amazing exactly so given your DNA we’re going to first simulate one of a Saleem ismel liver cell or skin cell or brain cell which would be very very interesting I would say um well I lived in Ireland for a year so my liver has always been a bit damaged from that so it’d be really great to simulate my liver and fix it somehow better than your brain being damaged but we’re going to be able to go from your DNA to simulating a cell and then uh once we simulate a cell we can then simulate a tissue and then once we’re simulating a tissue we can simulate an organ and then the whole organism and the thing I like to tell tell people just to understand you know when SpaceX launched the Dragon capsule to the space station for the very first time it worked perfectly
[00:08:00] and the reason it worked perfectly was it had flown probably millions of times in simulation and when it got up there they had modeled it beautifully and it was you know it worked like it predicted imagine if now when you’re given a drug we know it’s going to work for you do you have any idea uh how what percentage of drugs um that you are prescribed actually work for you like no so the FDA approves drugs that work you know typically for like 20 or 30% of the people that they’re given to it’s a minority of the cases that it’s going to work for you um and then because most drugs historically have never been tested in women because it’s like too inconvenient by the way I think it’s like women’s health day today so I’ll mention mention this uh that that when drugs get taken off the market it’s because oh it didn’t work in half half
[00:09:01] the world’s population surprise surprise but this is going to be in silico medicine this is actually predicting a drug works perfectly for you I love this huge kudos to the team of Deep Mind Alpha fold 3 very soon Alpha cell one or something like that yeah so in Practical terms tell me if I’m getting this right if you’re a farmer company and you’re trying to test a drug you can now run it against these simulation and have a really high reliability and cut out a lot of crap before you get to human trials making the human trials more of a a an obvious thing and a a stepping stone rather than a big test and that’ll drop radically the cost of drug development it will I mean imagine the way it’s done today you go into the Amazon rainforest and say hey look at that plant over there I don’t think anybody’s ever you know smashed that one up let’s see if it has any molecules of interest to humans and you go through this long process of evaluating them in
[00:10:01] like in in like back you know in yeast and worms and mice and anyway it’s a long expensive process and then then you have to prove it does no harm and then you have to prove it does do some good not 100% of the time so this can be even a little bit better than you said because we can say not only does it work it works for my exact uh genetics very cool right very cool huge huge so now this Danel craft talks about the personalization of medic medicine and now we can get it right there you know um one of the big things that I’ve enjoyed watching in uh on X has been the demos of Sora let’s play this demo I’m curious what you think check this out uh so here’s a person walking and you’re able to turn that person into a woman an old man a robot and so the actor you know plays a simple role and then you can turn it into anyone I assume malan
[00:11:00] mon you know Monroe or you know Gregory peek what do you think of this um you know I I’m kind of like eh um really I think it it it’s a it’s a great incremental achievement but there nothing breakthrough the ability to swap out things was always there it’s just doing it better faster so I didn’t how fast how fast we become jaded at stuff that was a miracle mon ago I know I know yeah yeah have we about the Wi-Fi on a plane clip that L CK does yeah you know it’s like that yeah right we normalize and this is I think broader commentary on AGI that’s really important we we pass a Turing test normalized it we’ll pass AGI at some point and normalize it within minutes yeah I think Sam Alman said that uh very nicely said people were like oh my God g chat GPT is crazy and then it’s like and then a month later like man it’s slow you know it’s like he like that’s right uh so let’s see what we got next on our
[00:12:02] uh what’s going on in the world scenario here um interesting uh talk about this one pal so have you seen this trailer I have not um it’s terrible it’s really cringeworthy um it’s it’s they they’ve got a ways to go before they cross you know what we would call The Uncanny Valley um and the lines are kind of stilted whatever however it’s important to note that this will double every month or two and its capability and its Fidelity and the joke telling so this could get interesting over Next Period of time um I again kind of don’t think it’s that big of a deal but it’s certainly huge that you can have an AI driven completely driven um um script uh acting character development Etc all in one which is really kind of a pretty big deal you know what I find interesting is uh the means by you know a film is created today is someone writes a film a
[00:13:01] group of Executives read it they attach stars to it and they Greenlight it and if they have the right director and if the script is reasonably good they have a high probability but not a certainty that the Public’s going to like it and imagine instead if you could generate you know here’s a thousand versions of the film right the same basic premise but different actors different and and you say this is the one when you test it that has the strongest attraction and the best or frankly what I really want is I’d like it to know my desires you know blonde versus brunette you know Space versus ocean and create variations of it that I would love you know anyway it’s coming I disagree with that why because you know when you say you go watch Blade Runner 2049 yeah right I want to hear I’m watching that because
[00:14:02] I want to hear what the director is thinking why did he cast that actor in that role Etc I wouldn’t want that film personalized to my tastes huh well you don’t have to watch my film I’ll watch film yeah because every lead actor would be a bald middle-aged Indian guy no and who needs that uh anyway whatever is you know I was just uh I was just looking uh for my abundance Community I’m doing a session on converging converging exponentials and how they’re transforming Industries and I was researching the founding of YouTube back in 2005 when Chad Hurley and those guys started it and it really was eight different technologies that converged together to make YouTube happen and it really dematerialized demonetized and democratized and really threatened Hollywood uh a huge amount right um with Netflix quickly on its heels um and it
[00:15:02] became it was just the Infinity of content producers and I don’t know about I don’t know about your son you know I don’t know about Milan but Jet and Dax all they watch is YouTube he lives on it um I I think I got to give a huge shout out here to Google because most of the time when you’re bring in a startup or acquire company or acquire product you kill it and you you you destroy its kind of uniqueness Etc and Google’s done almost exactly the opposite um do you know there’s a petabyte a day of of content being created on YouTube today um it’s like 20x any other platform it’s the most unbelievable Behemoth I had some obscure uh hair trimmer and I was trying to figure out something about it and I looked it up on YouTube and somebody put up a video of that instru being used in that little widget there like it’s the world’s training platform for any obscure digit device or Gadget widget of any kind it’s incredible by
[00:16:00] the way if you’re watching this on YouTube and you like the conversation SL and I have hit the Subscribe button I never say that I’m saying it now okay because I do love YouTube I I remember do you know why Google bought YouTube do you know that Google had Google video going at the same time they did have Google video you know why they bought YouTube no they bought YouTube because YouTube was growing you know in order magnitude faster than Google video and do you know why it was growing faster no because Google had too many lawyers yeah YouTube did not so it was like all these legal restrictions on what you could put on Google video and YouTube didn’t have that and so in the early days it had really inflationary rapid exponential growth and then once it became dominant you know you could then start to layer on top you know user restrictions and so forth but they didn’t do that as two guys and two credit cards at the beginning I mean you know this is a story that’s so
[00:17:01] archetypal for almost any n Netflix versus Blockbusters roughly the same reason um we had this huge issue at the same that I had a Yahoo with all of this the lawyers would just not let anything disruptive happened can I tell a quick story about this of course somebody at Yahoo come up came up with an idea when I was running brick house which was uh you have this home ad unit in the Yahoo homepage and they said what if we allow Peter to send Saleem an ad unit bu the ad unit for Saleem for his birthday and when I open up Yahoo the the ad unit pops up with a message from me saying s happy birthday right we tested it and it was like engagement with the Yahoo homepage went up 50 times I imagine right and the lawyers were like absolutely no way because what if somebody put something dodgy or whatever in there etc etc and we’re saying but but they could do that anywhere through any of through send it through email so what do you care and they’re like nope
[00:18:00] can’t do it and just literally killed a product that would have delivered 50x better engagement lawyers okay I’m going to go there all right let’s go on to our next story here which is AI generated romcom trailer this is this the trailer you’re were talking about this is the trailer you should play watch going play yeah this is like really wild so Claire what’s your stop the city lights I’m hoping it’s a new start I don’t think we have to pray for longer maybe you’re the dark mysterious kind of man who never shows his vulnerability maybe you’re the kind of woman who’s never sure of what you want uh fascinating and you know what what Elon said on stage at abundance at the abundance Summit was we’re going to see 10x every 6 months 100x Improvement per year this is going to move so fast it
[00:19:01] will move fast but I’ll take it I’ll go to the again the comment I made earlier um I don’t think it’ll be that much fun it’s like watching two chess robots play chess you kind of go ah interesting I I do agree with the two chess robots playing be boring versus a human or the world champion or someone you know uh play contextualize it even you have to humanize it yeah even even playing against an AI I mean I’d much rather watch two humans playing against each other there is something very real there we’re so biased as humans we’re so biologically biased how dare we be a species like that that’s terrible everybody I want to take a short break from our episode to talk about a company that’s very important to me and could actually save your life or the life of someone that you love company is called Fountain life and it’s a company I started years ago with Tony Robbins and a group of very talented Physicians you
[00:20:00] know most of us don’t actually know what’s going on inside our body we’re all optimists until that day when you have a pain in your side you go to the physician or the emergency room and they say listen I’m sorry to tell you this but you have this stage three or four going on and you know it didn’t start that morning it probably was a problem that’s been going on for some time but because we never look we don’t find out so what we built at Fountain life was the world’s most advanced diagnostic Centers we have four across the us today and we’re building 20 around the world these centers give you a full body MRI a brain a brain vasculature an AI enabled coronary CT looking for soft plaque dexa scan a Grail blood cancer test a full executive blood workup it’s the most advanced workup you’ll ever receive 150 gabt of data that then go to our AIS and our physicians to find any disease at
[00:21:00] the very beginning when it’s solvable you’re going to find out eventually might as well find out when you can take action Fountain life also has an entire side of Therapeutics we look around the world for the most Advanced Therapeutics that can add 10 20 healthy years to your life and we provide them to you at our centers so if this is of interest to you please go and check it out go to Fountain life.com back/ Peter when Tony and I wrote Our New York Times bestseller life force we had 30,000 people reached out to us for Fountain life memberships if you go to fountainlife decomp will put you to the top of the list really it’s something that is um for me one of the most important things I offer my entire family the CEOs of my companies my friends it’s a chance to really add decades onto our healthy lifespans go to fountainlife decomp it’s one of the most important things I
[00:22:00] can offer to you as one of my listeners all right let’s go back to our episode so Amazon joins the AI Race So Amazon q a gener of AI powered assistant for business and developers is now generally available at the same time Amazon put $4 billion into anthropic did you see the news I mean I think we talked about this that that Claude 3 hit 101 IQ it’s amazing cloud 3 is really really good uh I what’s what I find amazing now is that every single major platform now has its AI massive AI offering I was on CNBC a couple weeks ago and was talking about the Microsoft uh earnings report and it’s first of all it’s amazing that Microsoft is the most valuable company on the planet a multi-trillion dollar company you know and just their earnings over the last year given all their work on cloud and AI just skyrocketed but so it’s Microsoft and it’s alphabet and
[00:23:01] it’s Amazon and it’s Apple uh and now here comes yeah here comes x. right elon’s yeah X offering um and we’ve got Nvidia uh and then a few different companies in China so the top companies in the world are all AI companies you know what hit me these companies many of these companies began as software companies then they became uh internet companies and then Cloud companies and now they’re all AI companies not I I don’t think there as of like that they’re AI companies just they’ve added AI to the cloud business and to the pro software business to the I think you look forward I think I think you look forward everything they’re delivering is in AI enabled 100% 100% and very very powerfully done yeah right but I still think if you’re we we’re we just launched an offering called ready we’re we help companies get ready for AI it
[00:24:02] turns out if you’re company this is open ex EXO because all of the cosos in our community are like what the hell do I do uh because either you’re diving into the water without knowing where the rocks are uh or your company is culturally not ready and there’s a huge immune system backlash and people get freaked out they think they’re going to lose their jobs those are the responses so we we created a workshop where we can very quickly in a few days get you assessed and and leave you a a road map of use cases Implement how do folks find out about that where do they go uh if you go to open xo.com it’ll be right there okay um and we’re doing it at a really low cost just because there’s we have a community of 500 AI experts that’s emerged that’s operating like a hive mind and every week they get together and discuss kind of like this what’s happened in Ai and how that’ll ripple effect cost every week they pick a topic like automotive and then figure out what’s happening there Etc so there’s this amazing resource and we’re matching to CEOs and companies and organizations around the
[00:25:01] world to get get themselves ready for this for this coming wave the one thing we found is when companies try and Implement AI it’s really really difficult the consumer has a much easier time applying AI just because of the interfaces uh and the and the use ease of use but implementing AI agents into your organization is still pretty Dam Mark you know when people ask me like what do I do how do I get started um you know I tell them open your Gemini website open your your chat GPT uh you know uh GPT 4 and ask just type in I’m A 42-year-old entrepreneur in the healthc care space and I want to get started using AI what should I know and then when it says something you understand say what does that mean and one of your favorite sayings is going to be you know
[00:26:00] explain it like I’m five right el5 and it will back it up and you can spend a couple hours and get so much personalized education it’s insane I’ll give you a tip that emerged out of our community over the last week please when you’re using Chachi PT or Gemini always use a Persona say I’m a sales manager and and I’m trying to do this Y and it turns out the results are 10x more powerful when you give it a Persona to operate within and then it sticks within that persona it’s really powerful starting point yeah you can also say things like what would Elon Musk think about this move I have a question for you Peter yeah sure um we forgot to add the slide Reed Hoffman did a a conversation with an AI generated version of himself conversing with the real self yes okay have you done anything like that where you take all your writings and videos I did I did six months ago a year ago it’s on we actually loaded up on moonshots and um
[00:27:01] it was amazing I mean such I was jealous of my AI it was so well spoken well because it’s all it’s got all of your uh everything you ever said at hand right yeah whereas I can’t remember what I said last year it’s in incredible and I think that you know you and I have had these conversations L Kur while we talk about you know Peter 3 of 10 is going to be hanging out with Saleem 2 of four or you know 2 of 20 and seven of nine seven of nine yes there we go back to Star Trek references which I love all right uh here’s the next one um AI used to discovered 27,000 asteroids uh amazing uh I think these are all good for mining or keeping the Earth from being decimated uh in Old telescope images right the data was there it just was never discovered that’s extraordinary I think I think we’re going to see an explosion I think the next slide is also about a similar thing sure uh we’re
[00:28:01] going to see just the biggest explosion of AIS finding these Niche things that we’ve overlooked in finding unbelievable stuff this this one was amazing yeah this is from a friend Dr Eric toppel uh who tweeted out the first randomized trial of medical AI to show it saves lives ECG AI Alert in 16,000 hospital patients 31% reduction of mortality that means people dying uh absolute 7even per 100 patients in pre-specified high-risk groups so yeah uh it’s listen AI is much better than us humans at seeing patterns at catching the minutia always on always paying attention yeah do you my favorite example of AI do you know the story of Shai danziger and the parole hearings no tell me so they did a study of a thousand parole hearings and they ran it through aning filter parole hearing paring yeah should you let a prisoner off from jail or not right and it turned out
[00:29:01] because they were trying to figure out patterns in the data and it turned out if you your client your your prisoner came up for parole before lunch and the judges were hungry you were going back to jail if you came up after lunch and they were biologically happier because they’d eaten you were 30% more likely to go free that’s hilarious um and and that’s when people train to be impartial so like what hope is there for the rest of us and you could never have spotted that without an AI type of a pattern and now we can see these little pations and mitigate for all of the cognitive biases that we have around ourselves oh amazing all right meta Rayban smart glasses can now describe its surroundings with meta AI uh you own a pair of these don’t you I’m wearing them now um and in fact you you’re you’re incredibly gracious enough to give these out of the abundance Summit I’ve been playing with it quite a bit and I actually played with this particular feature I walked up to a plant and I said uh Hey meta look at this plant and tell me what it is and it
[00:30:00] described the plant identified it in detail said it grows to about this big it was amazing wow I think this is a huge huge deal yeah you know it’s uh this is the first step of XR or ar uh in you know we know VR um we all have our large VR helmets I have to say I bought a Vision Pro um and I’ve used it twice over the last like two months the first time I used it for a few hours like interesting fun watch some movies then I used it a little bit more but I haven’t pulled it out since how about you I think it’s not a general consumer device I think it’s going to be used initially for highly specific industrial applications or like helping out with surgeries uh things like that or a specific training um Boeing could use it to to to make its planes a little tighten all the bolts on its planes for God’s sakes and make sure uh some mechanic is actually setting it up properly um but I
[00:31:01] think we’ll see that type of use case for a couple of years while they figure out how to find the consumer use case and get the tech down to this I mean look at these these rayb bands are like really the the footprint of them the amount of technology in there into what’s just basically a normal pair of sunglasses is kind of incredible it is it is incredible you know um I was I just did a podcast uh with uh uh with a friend on on VR and AR Alvin greyland do you know him Alvin was the know name Alvin was the head at HTC um and he wrote an amazing book uh here it is I just happen to have it here our next reality it’s about the conversion of AI and the metaverse and he’s saying you know we’re getting to a point where we’ll have 50 g head you know uh eyewear that’s both augmented and virtual reality so it’s not just the for looking cameras it’s can we display
[00:32:01] into our eyes our retinas as well and then the world changes um and I can’t wait and and and we’re very close because we predicted this a while ago but we’re very very close if not now where virtual reality has the same resolution or more than the human eye the visual cortex yeah of the eye that’s like that’s huge yeah anyway it’s uh it’s coming it’s going to transform advertising transform education transform Healthcare everything I’ll I’ll throw out the punchline about arvr that I’ve heard from David Roberts is that virtual reality disrupts reality because you can do ultra like a virtual roller coaster can do way more interesting things in a real roller coaster true that all right here we go AI in government Ukraine unveils AI generated foreign minister spokesperson Victoria let’s listen to Victoria for a second here and the public I welcome you my name is VI Victoria shei I have been created by the Ministry of Foreign
[00:33:01] Affairs of Ukraine using artificial intelligence to provide you with timely and highquality information on Consular Affairs I am a digital person that means that the text you hear was not read by a real person it was generated by artificial intelligence I will carry out a number of tasks I’m I kind of love this what do you think I mean I I I love the fact that if if she or it is modeled on the current policies and thinkings of the leadership and the people of Ukraine and can represent you can be in a thousand meetings or a million meetings at once yeah I think this is huge and I think it’s massive I I love the fact the role as a spokesperson because take the White House Press Secretary right they’re basically trying to absorb mountains of like policy data directives from the executive branch Etc and then try and inform what the what’s happening with a particular issue and AI is
[00:34:00] perfect for that task and as you say can appear in anything so any reporter can say hey what’s the White House St stance on this and the spokesperson could say that I think is really really massive yeah um you know it’s interesting because I when I’m hearing her I’m instantly like adapting to this this is normal or will be normal right I accept it very quickly I mean I very a large number of news stories are now already AI generated right so this just progresses it to Now video yeah I heard I heard the new story that we have Trump and Biden running for president again that one seemed like a little bit like you know misinformation but uh yeah I guess there you go what fractal Universe did we separate out into this one listen man right you used to be a Canadian you could have stayed there oh well I well i’ I’ve said this before I’m I’m like Golem with the precious with my Canadian passport hold on to that thing I my
[00:35:03] precious every night it reminds me of the it reminds me of the um that the groundhog day um sure movie where he goes you know I I had a day once where I was on a beach in the Caribbean and I had a great met somebody and had a great night why couldn’t I be relieving that day one of the best lines in the movie U but listen man we are alive during the 9 level of the game play you know like this is it we you know we could be alive in the Middle Ages right now for all you know for all intents of purposes or you know 100,000 years ago as early hominids like we are alive during the most extraordinary time coincidence I think not but so happy to be here right here right now um it is it is awesome it is awesome you know you’ve done a great job in the abundance thing of going back like a 100 years and describing what life was like right you had a tough life you lost half your kiss in from mortality then you got a tooth infection
[00:36:00] and you die like that’s that was like that’s what life for the most of human history short and brutish and dead oh my God all right here’s Sam Alman on the dangers of AI in the elections let’s hear Sam he doesn’t look too happy right now let’s let’s see what to say there may be new threats there there may be unknown unknowns that we don’t realized until too late um I also personalized one-on-one persuasion is actually scarier to me not less scary than the mass stuff it’s harder to detect it can probably be more powerful and and again an AI can talk to a lot of people at once um so I don’t want to give I very much don’t want to give a sense that we’re not worried but I think it’s good that we are worried and that’s leading to um that’s leading to vigilance um in the industry you know he said something there about persuasion and mad do and Imad mustak said very something very
[00:37:00] similar which is the power of AI to be persuasive in its language like a a brilliant orator you know being able to like take an idea and twist it and and really convince you of it and do it oneon-one for 100 million people this is the I think for me one of the big dangers of personalized news when it’s tailored to you now you’re the behest of the algorithm right uh that’s why I’d much rather hear uh a journalist tell the news and at least I know what their bias is and I can get a sense of it from them it’s one hop but the minute I’m interfacing with an AI That’s interpreting the news for my ears I lose trust yeah and this is I think the biggest tough toughest thing for today I mean I have to say that I am very much in the mindset of Is that real Is that real my my brain is running an algorithm
[00:38:00] in the back of every time I hear or read something especially see a video I’m asking is that real I saw uh Elon tweet something out and and he said under the image he says this is a real image right and and that’s interesting where we’re going to have to start to like like say that explicitly you know we’re going from seeing his believing to disr distrusting everything we we absolutely really really badly need that AI for truth xise Peter yeah right like we need a filter to help us navigate that a personal agent by the way but there’s something else that Sam Alman said was super important the last few days which was that uh you’re going to have your own personal llm that will filter stuff for you and act as your personal almost security guard as to what messages come into you and I thought that was a really powerful way foring it’s important to shape your mindset right our mindsets are shaped by what we read what we hear what we see who we hang out with what we ultimately believe right we’re shaping
[00:39:01] our neuronet and so yeah being able to filter that you know we talked about Echo Chambers in Facebook uh I I think there is a danger but there’s also somewhat of an important ability to control that um this week was milk and Global I was there it was incredibly incredibly crowded I mean I have no idea it’s like um I’ve know Mike milin I consider him a friend he spoke this year for me we did a Fireside for a few hours at the abundance Summit and uh milin Global is just insane it’s just huge and I think the Highlight for the event was Elon on stage um I spoke the next morning uh on longevity but there are two clips I grabbed from elon’s presentation just for some conversation I’m curious about your point of view let’s play the first one here I might be the most important question of all um the I mean the percentage of
[00:40:03] intelligence that is biological you know grows smaller with each passing month eventually the percentage of intelligence that is biological will be less than 1% the that’s actually you know what I mean we just I guess don’t want AI that is brutal so um that’s an important thing for people to realize is that you know when you think about intelligence um in terms of human level intelligence and intellect uh it’s always been represented by the number of of humans on the planet and it’s just now over the last few decades that we can talk about intelligence I mean there’s animal intelligence for sure but higher level intelligence now being um in compute and biological human intelligence ultimately becoming you know a DI Minimus percentage of of the uh the intelligence in our known
[00:41:02] universe so I have lots of uh uh issues with this mostly related to my the old Trope I have of how do you define intelligence right we talked about that before so I won’t go into it here um but in this case I do like it because when you have artificial intelligence and you can tailor it our intelligence our biological intelligence for 4 billion years has evolved to do two things survive and procreate yes and now we can free other forms of intelligent from those two things like page rank is evolving a completely orthogonal uh and and complimentary intelligence to humanity so I think of the intelligence we’re growing in machine learning and in AI as as orthogonal to human intelligence and not replicate of it and if you can bring it into higher Realms and have have a vibrated at higher energy levels like the Hawkins skill
[00:42:00] then you give it really powerful outcomes like Mao’s hierachy work and self-actualize and so there’s some really wonderful uh uh um deep thinking that can be done and some really wonderful philosophical Explorations that can be done with this so I’m finding it really exciting to think about a lot of this yeah I mean I think about it in this way you know throughout the day um there’s always moments like I wonder what you know and then I’ll Trail off I wonder what would happen if I wonder if this ever occurred and if I happen to have enough time I can sit down and Google it or ask chat GPT but there’s going to be a time where I can just spin up AI agents of myself to go and do that work and then report back right it’s um yeah I mean that’s that’s extraordinary um you know way back in the 50s Marvin Minsky who is one of Ray criswell’s mentors and I think you’ve met Marv I did back when I was in MIT MIT uh I met him once very briefly but
[00:43:01] he had a whole thing of having self ideals and then self-consciousness then self-reflective then deliberative and reactive or the other way around and in either Ideal World you start with reactive deliberative reflective then self-reflective self-conscious and then self ideals and so he actually created a whole hierarchy of increasing sophistication of intelligence which I think is going to be amazing to watch evolve and and come into into being and I also take the positive view that a very evolved AI is is is thousand times less likely to do harm to us than not you know I just recorded a podcast uh this past few days with uh guom Verdon um the founder of the accelerationist movement Beth Jos yes and he was making the important point that we need massive diversity in our Ai and and one of the things that that um Elon just hit at the very end of that comment was making sure
[00:44:01] it’s not brittle and one of the things that biology does is it creates massive diversity so that if there’s ever a a massive impact on the planet or in the environment yes it will kill a lot of people or if a new virus comes in or a new poison gets exposed but through evolutionary diversity there will be something that survives and then dominates right so we need the same thing in in some way I think he’s saying in the AI space too I I just had a little Fork that gets me super excited Peter’s that which is you know given if you take Alpha F say right and the ability for it to model out things you could essentially apply that to a species thing and say go create a million new species yes I mean you could you could like this so you could actually repopulate or increase that resilience and say we want to have 10x more species because we see feel like the insects are
[00:45:00] dying out go freaking repopulate a bunch that might be a really really powerful use case yes and I mean God knows what you’ll end up with but that’s the same with Evolution right remember when they they found discovered the duck bill platypus they literally thought it was fake but you know it’s interesting I I think about the you know today we’re building humanoid robots out of motors and metals and sensors I think ultimately we’re going to build robots biologically um you know you want something that’s a carpet cleaner you’re going to design a a a biological robot that eats lint and peas stain remover right and that will be and I often thought you know listen I don’t want to get into the into the the black hole pit of UFOs but I’ve often thought that you know these aliens that different societies speak about consist stly the Grays whatever and I know nothing about this stuff in my mind I think they’re
[00:46:02] probably biological robots that were sent here to explore um I mean you’re not go on yeah I always look at it from just for the sake of argument look at it from rather than we’re building robots with Machinery there’s no difference between us and us and a robot is just that we’re operating off wetwear every emotion in our brain is just a sub a sub rtin yeah and we are we’re Micro Machines were’re molecular machines right and when Eric when Eric Drexler wrote engines of creation you know he talked about nanotechnology as where we’re going to end up and these will be just more efficient versions of biological machines which you know entropy and thermodynamics ended up creating us but not with a putting aside religion not without an intelligent system optimizing it so yeah just as an example just an example it turns out that a photosynthesis that plants use to
[00:47:01] convert sunlight into sugar is a really really inefficient process uh it’s like you could make it 20x better is is an article I read somewhere so if you could make it 10x better oh my God it would completely change our energy harvesting capabilities for plants animals and all species so you could actually go apply AI to all these micro biological functions and radically change them it’s going to be a fun few decades head all right let’s check out elon’s opinion so this is the basis upon which he is building his AI company X AI let’s listen up to uh to Elon here I think an AI would be that that is truth seeking maximally curious would Foster human civilization to see where where it goes so the basis there and he said the same thing at at the Abundant Summit is if you you know if you’re trying to like how do you optimize um in AI what are what are its uh uh you
[00:48:01] know its focused um parameters it’s trying to maximize and and for him It’s maximally Curious got that that’s probably good especially if you’re finding if curiosity gives you some level of truth and maximally truth seeking you know and what he said is do not force your AIS to lie which is what Gemini did and it sort of like woke uh Gemini version in the early days um I mean I it’s I think about this a lot what what’s your what’s your optimization function in your AI uh what are you trying to do um I think these are pretty good what do you think I think these are very good um I I have a bias about human civilization um because as my dad said we’ve not civilized the world we’ve materialized the world we still have to do the job to civilize it so I think um cuz we’re we’re still deeply wired to
[00:49:01] operate as tribal me tribal beings right Us Versus Them etc etc so we have to use AI to mitigate against those deep-seated biological biases by the way I think I think that’s the only way so we all have these cognitive biases right and people should be aware of this right you have a recency bias you give more weight to something that you recently heard over something you heard a year ago you have a negativity bias you give more weight to negative information familiar familiarity bias you give you know weight to someone some cost bias we have all of all of these and you will be able to turn on your version of Jarvis my favorite AI um and say listen uh I want you to make me aware when I’m being biased and I want you to give me the counterveiling information I think that’s going to be incred identify the biases that I’m coming with for looking at some piece of content or understanding something we’re making a judgment call what bu and this is where I think AI in in the boardroom
[00:50:01] going be really really useful because an AI will be able to go I’m sorry they’re operating out of total profit seeking Val even even if it’s not uh you know politically acceptable CU that political acceptability could destroy us so here’s another Google announces Med AI models for healthcare um and I think you know we’re seeing apple and Amazon and Google I mean there’s nothing more valuable than a person’s health and so I just had a chance to uh to speak with Karen do Salvo who’s the head of Google Health amazing MD um and yeah uh Google’s going to help you it will ultimately be your best diagnostician it’ll ultimately be your best surgeon as well I am super excited by this especially in say Emerging Markets where they have a doctor per million citizens type of thing you can now have a a very viable medical help and medical IAL care Diagnostics Etc across the board at near
[00:51:00] zero cost this is what imod was trying to get to when he was uh as what he talked about the abundance Summit and others I think that is going to be an uplifter for Humanity that in a way that we’ve never seen did you see the movie Oppenheimer if you did did you know that besides building the atomic bomb at Los Alamos National Labs that they spent billions on biod defense weapons the ability to ACC detect viruses and microbes by reading their RNA well a company called viome exclusively licensed the technology from Los Alam labs to build a platform that can measure your microbiome and the RNA in your blood now viome has a product that I’ve personally used for years called full body intelligence which collects a few drops of your blood spit and stool and can tell you so much about your health they’ve tested over 700,000 individuals and used their AI models to deliver members critical Health guidance like what foods you should eat what foods you shouldn’t eat as well as your
[00:52:01] supplements and probiotics your biological age and other deep Health insights and the results of the recommendations are nothing short of Stellar you know as reported in the American Journal of Lifestyle medicine after just 6 months of following biomes recommendations members reported the following a 36% reduction in depression a 40% reduction in anxiety a 30% reduction in diabetes and a 48% reduction in IBS listen I’ve been using viome for 3 years I know that my oral and gut health is one of my highest priorities best of all viome is Affordable which is part of my mission to democratize health if you want to join me on this journey go to vi.com Peter I’ve asked navine Jane a friend of mine who’s the founder and CEO of viome to give my listeners a special discount you’ll find it at vom.com Peter we are having a lot of AI news what comes along with it now is robotic
[00:53:00] news um this is fun uh so we’re going to start to see Tesla’s Optimus being used in the factory I think uh you know Tesla you know elon’s had a tough month on Tesla and he said we have two important breakthroughs that are going to be driving sales one is Optimus and one’s Robo taxis we’ll talk that in the minute but you know if you can bring the cost of Labor down a lot of the a lot of the things that we buy it’s Labor uh materials cost is important but labor is still up there I’m not going to run the robot but here we see Optimus you know checking out these lithium iron battery cells to make sure yeah can can I give a bit of framing on this yeah of course this you know one of the things that really blew our minds a few years ago when we first saw the backer robot which robot right and what what what I found unbelievably fascinating about it was that throughout the history of robotics because we’ve had robots on Factory floors forever you had to program the
[00:54:00] robot explicitly and you had to say pick up a widget turn 90° move over here turn back put it down rotate it to fit it into the slot and you had to list that and exp and program it in that way which took forever but with Baxter and all of these humanid robots you can literally show it what to do and it literally learns off the off the movements you show it and then replicates it and optimize from there so you don’t have to program a robot anymore which is a huge breakthrough and allows you to now expand into all these use cases in really really powerful ways so I think there’s an unbelievable explosion of use cases coming and what we’ve been waiting for is the cost of all of the servo Motors and and movements structures Etc to drop because the original backer robot the the arms cost $110,000 each yeah right and now that’s dropping 50% a year and now it’s down to I think it’s about $1,000 an arm today and it’s just going to keep going down so that’s really really exciting yeah all right let’s move on Beyond Optimus here um I found this absolutely fascinating so and
[00:55:02] the title reads here Nvidia announces Dr Eureka robot training llm so I mentioned earlier that being able to simulate something uh is why they really work in real life and so Nvidia announced an large language model agent that automates writing code to train robot skills so uh they so here we got we have a robot hot dog that’s going to be trained to balance on a yoga ball uh purely in simulation and then they actually it transfers What’s called the zero shot to the real world which means uh here’s the here’s the robot dog on the yoga ball and the first time it’s tried in the real world after being learned in simulation it works perfectly that’s amazing amazing incredible um can I give you my my other favorite story around this oh yeah please uh do you know the story of
[00:56:01] Ross Chastain the Nascar driver no okay so about 18 months ago uh and I’ll I’ll we can find the clip and stick it in by the way a a NASCAR driver called Ross Chastain was on the final lap of a race he’s seventh place and his team tells him you have to jump four spots to qualify for the Championships and what he did was he um uh had one shot at this uh because in normal racing you can’t pass four cars in one lap it’s impossible what he did was he floored put the car into fifth gear and floored it and he went around and he used the wall to keep himself in uh from hugging the he used the wall to keep himself on the track and scrape the wall at one point he was going 70 M an hour faster than the other cars and wished around the wall catapulted himself and came in fourth place and qualified wow he Chang he changed the game BW everybody’s mind he completely changed the game it never been done in the history of racing and what was incredible about it he’d practiced this on a
[00:57:01] GameCube a car simulator he practiced it on the simulator and then freaking did it in real life unbelievable they of course changed the rules after that because you it was too dangerous I thought you going to tell me they put little wheels on the side of his car after that well if one little stud was sticking out of that wall you’d have been toast right but but he did it and it actually worked and it’s just such an incredible example of applying technology and and making a breakthrough that nobody ever thought was possible in a really powerful way thinking and coloring outside the lines all right here’s Mass humanoid production in China by 2025 China is also developing a humanoid robot industry look at that after the lot of year it’s coming true Alex goo is the founder and CEO of forier intelligence hi there last year he launched the gr1 his first generation
[00:58:00] humanoid we can do so a couple of comments uh one I still think Optimus is the best looking robot um and two uh amazing right China needs this to maintain its economy in a big way uh yes uh the the the birth rate and the huge population implosion they’re going to have same with Japan they need robots to actually do all the work and they don’t have a choice so they have to automate and create robots at scale in a way that we’ve never seen um I think this is going to be super exciting I’m I’m kind of you know you’ve been really really enthusiastic about this for a while and I’m slowly grudgingly getting there yeah um why is it grudging why you not well just because I’m I’m like I don’t understand my big beef is why are they humanoid it’s such the human being is such an because our world our world is designed around humanoid us I mean it’s like this thing is the size that my hand can grip you know we have to redesign the rest of our
[00:59:01] world it’s do you remember um what was that little device that predated the PM pilot remember the PM pilot of course okay so the PM pilot was interesting um they they were trying to get the software to adapt um to your writing style and then they made a decision no we’re going to actually teach the human to adapt to Palm Pilot’s writing style and they created some kind of a script right a t was I go this way and this way and so it’s rather than building you know rather than changing the built world to adopt for the robots have the robots adapt to the built world you know elevators escalators stairs chairs all those things I mean it makes perfect sense to me and they’re much cooler come on come on okay but hold on let me push back on that so if I’m wanting to mle on
[01:00:03] yeah I don’t want a human a robot I want a robot lawn mower that has wheels but don’t you want no no no no I want the same robot that can clean the dishes and can mow the lawn and can fold the uh the laundry and can clean the kids room you know and can go shopping for me I don’t want to pay for that and teach every one of these and pay for all the different Hardware you know I want got it that’s it okay so so you you’re going to we’re going to end up with a robot that looks the end of its arms are going to look like a robot with like a vacuum cleaner with 60 it picks up the rob it picks up the vacuum I currently own and vacuums the room oh my God okay yeah there you there I’m I’m you disagree I I think that I think that’s that’s too hard to do for many many many use cases but I I’ll give you my counter point I think what’ll happen is let’s say I want that human robot to go Mo the lawn it’ll put out it
[01:01:02] its connector thing which has a spinning blade and it’ll go around mowing the lawn perhap and it can do that pretty quickly and you don’t worry too much about but I think there’s a hidden Dirty Little Secret in all of these human robots Etc which is power and we saw this at the Abundant Summit the the battery life is still really really poor on these things they last like an hour to an hour and a half but again that’s going to that’s growing exponentially nuclear power plants in a few iterations Micron nukes be beam power but I but I do take your point I think it’s going to be super exciting and I’m I’m coming I’m uh tilting more and more towards EUR better the prediction is a billion robots in like a decade’s time right VOD kosa is like you know going to exceed elon’s like 10 billion robots well I mean that’s what he would say do you have many cars there are on the planet I was I was shocked by this there’s like just under a billion cars I would I would have thought there were more and so the prediction is more
[01:02:02] humanoid robots Than Cars by by orders and magnitude okay okay I’ll give you my Counterpoint yeah I remember AI reinal used to say you’ll have multiple 3D printers in in your house one in each room yeah he never said that I remember he he did and but anyway there was certainly a meme in the industry saying every room will have a a 3D printer robot a 3D printer and we didn’t kind of see that so I I instead of millions of robots like why can’t we have one human or robot that does a lots of things and you share in your within your neighborhood and they that one thing doesn’t I think it’s going to be I think listen the elon’s prediction and God knows he is the most precise in all predictions known in the universe right but let’s just say I’m and uh you know I’m an investor and figure I’m going to go and and visit bradcock at figure um in a couple weeks um okay and the number
[01:03:02] there is somewhere between 40,000 and 100,000 per robot okay so if they have the same kind of Lifetime as a car and you can lease them we’re talking about $400 to $1,000 a month for a humanoid robot you know that’s pretty affordable for something that can do all of your tasks all the time 20 47 on demand and yeah I might lend it to you but I may just want to have it there when I want it anyway we’ll see I I okay I’ll give you my um uh kind of huge flags that go off in my head and then we can move on okay go for which is the liability insurance for that robot is going to be ridiculous because what happens if it’s scratches my rare desk and and accidentally what happens if your kid what happens if your kid scare scratches the desk or or or if you’re but but the or someone or your a
[01:04:02] person cleaning your house scratches desk yeah but I think a robot is more likely well let’s see this is where let’s Let It Go but you you you hear my all right I don’t agree but I do hear you all right so last last slide on the robot side is uh is Tesla Robo taxi uh pretty cool looking vehicle um so this uh elon’s announced on August 8th he’s announcing the Tesla Robo taxi um and he went to China he sort of like skipped India went straight to China with the objective of a robo taxi in China and this is rumored to be $25,000 this is if if and when he gets this right this is the biggest Financial play that that Tesla has ever done it’s the massive Market m massive Market have you have you driven have you driven in one of the any uh any of the Whos or anything yet
[01:05:01] yes I’ve been in an autonomous taxi in Phoenix um and they’re clunky and a little slow but they work perfectly well especially in a very predictable grid format uh for this particular announcement I’m I’m usually a little suspicious of some of elon’s announcements because of the the the pr aspect of it but this one I’m very very very excited about I think this brings to fruition the potential of Tesla in completely changing the game for transportation I’m unbelievably excited about this yeah I agreed I mean for God’s sakes can I put my kid in a taxi and a robo taxi and let it drive him to school yeah I mean it’s ridiculous um I I find this as um the question is how fast is this transition going to occur right if you look back 20 years ago at the transition from cars from horses to cars it took
[01:06:01] like 10 years and then it was like very fast he done yeah yeah um so we’re going to see weo has been really slow in coming right I mean and and what’s interesting is that Robo Tesla vehicles are at least unless he’s changed his name of his game are all camera based there’s no liar um right there’s no ultrasound it’s all Imaging base so I know I use I use autopilot um all the time on my car and yeah uh it you have FSD I have full self-driving yeah and I use it uh 90% of the time it’s only tried to kill me like once maybe twice and I and I probably jumped the gun it’s like is it making a right turn here like into into those cones over there does it see them and I can’t take the risk that it does it probably would have but um but it will
[01:07:01] take me you know the only problem is when I’m using full self-driving your your your hands have to be on the wheel and it’s feeling the resistance you’re putting on it and so a lot of times it’s like my hands on the wheel but it’s not tight enough and not a resistance and then it it it starts blinking red and says full self-driving is off you know you’ve been a bad boy you’ve had your hands off the wheel so I can’t wait for it to actually uh be there all the time so I can like make use of that time I think I think so the next step on the robo taxis is I think one level when I can take my existing Tesla and pop it into the fleet when I’m on a two-day business trip that’s when I think the the next inflection point really hits yeah definitely I want to be able to say push the button on the screen that says go earn me some money and then I’ll happily split the revenue 50/50 with Elon or whatever it is yep um all right let’s go 20 hopefully but let’s close out on bitcoin news uh exciting couple
[01:08:01] of weeks here um and uh you’ve been on so many stages with and without me saying buy Bitcoin buy Bitcoin now I have you have I am very I’m very very excited uh about this uh this is one where micr strategy Michael sailor announced a decentralized ID protocol uh using ordinals uh ordinals are like nfts for the Bitcoin world uh nonf funable tokens and um this is pretty exciting uh I think it’ll come down to whether it’s truly self- Sovereign I haven’t looked into the pro orange protocol closely enough to see if it’s actually self- sover ID but I think it’s a really great play I think he’s got a great shot at doing it and uh the potential here so can I do a little so let’s go through a couple others because I want to make a couple of comments about Bitcoin and and and crypto Crypt General okay um let’s go here so you know I think the big news
[01:09:01] has been the having it happened um it and and I’m like I’m like okay time to go let’s you know let’s get that price going and there are all these memes of people expecting rocket ship and ending up with a a milk dripping off out of a out of fallen over milk bottle so what happened this was expected it was I’m yeah we when you look at the price charts and you do technical analysis you when you have a huge runup like that it’s going to consolidate for a little while the only uh um uh thing is how long will it consolidate for before it goes to the next level um the the word that I’m hearing is if it drops below 57 then it’s going to go to the another technical level below and it’ll stay sideways for much longer if it stays above 57 this is a temporary period and then it’s going to start shooting up again I did a podcast this morning with Jeff boo who’s who I think was the chief
[01:10:02] Economist of the of the crypto World um and I asked him what he thought the what the percentage likelihood we’d hit a million dollars a Bitcoin and what he thought the ultimate value would be um and he said I’ve said in the past I’m 99% sure but I’m now 100% sure it hits a million dollars of Bitcoin when uh um when is the difficult problem question because when is the last SFL starts the Avalanche he death of the Universe I mean come on he refuses to he refused to put timing for various and obvious reasons although I tried to pin hard to pin him down but he made a more dramatic com comment that I’ve heard before which is the world has about 900 trillion in assets uh in globally um and his view is that Bitcoin will become that 900 trillion divided by 21 million in that division it’s 42 million of Bitcoin um he is now of the opinion that
[01:11:02] we will over time inevitably move to bitcoin as a not just a store of value like digital gold but a unit of account and you’ll be measuring your house not in how many dollars is worth but how many Bitcoin it’s worth again it’s game over Len I I talk a lot about longevity I talk about adding 50 years of life or 100 years of life I just need to understand is this like you know can you give me a decade you not if not a month so can I give you my personal view I think Bitcoin hits a million dollars of Bitcoin in the next three to four years why because the debt bomb is now hitting this year the US will spend more servicing its debt than it does on the military yeah that’s a massive massive number that’s the highest expense item on the US um um annual pay annual Bill
[01:12:01] and now the interest on the debt that they’ve incurred is now the highest biggest expense and it’s growing exponentially by the way have negative I don’t like using that example of exponential growth all right let’s close out let’s close out with this subject and this video let me hit play here and then you talk to me about it Tom also lost $30 million in crypto Tom how did you fall for that I mean even grank was like me know that not real money like so so this went viral yeah completely viral as kind of a a joke on on Tom Brady at his roast I think the bigger implication here is why did he lose so much money right and and this speaks to the FTX claps and I I want to talk about this for a minute so when you digital currencies and cryptocurrencies Etc there’s three points on a triangle you want to hit decentralization
[01:13:01] security and scalability okay and it’s also ties back to what Jeff Booth is why he’s so excited about Bitcoin these days when Bitcoin first came out it had decentralization and security for the first time ever in a digital currency we’ never had that before people got super excited by it but it did not solve for the scalability part because Bitcoin initially was not that scalable hence all the altcoins ethereum so cardano d d all trying to solve for scalability and different use cases as I saw it um consumer grade microtransactions Etc but in doing a trying to achieve scalability they compromised on decentralization or they compromised on security hence the FDX collapsed because it wasn’t decentralized and hence Luna etc etc so uh FDX looked really good for a while but because the underlying architecture is flawed Tom Brady lost a lot of money on it it’s not commentary on crypto in general is the fact that the scalable altcoins were flawed in decentralization
[01:14:02] or flawed in security um in the last couple of years they’ve developed a lightning Network on bitcoin which actually makes Bitcoin scalable and now there’s an explosion of engineering if you think about scalability that’s an engineering problem not an invention problem right and so now there’s all these efforts to create layer twos on bitcoin uh lightning is one of them that looks pretty robust and now we can make Bitcoin truly scalable it hit all three and therefore the like the super smart folks that we know are going all in on bitcoin so that’s part of the rationale there what’s your ratio of owned Bitcoin to ethereum to salana or to anything else right now yeah I’m in the I I it used to be about uh 5050 I’m now in the 85 to 90% Bitcoin yeah I I’m I’m the same um what do and I’ve gone deep in ordinals ordinals there’s like NS on
[01:15:01] on that’s the Cardinals um the or nfts are ordinals or nfts on bitcoin so you know we as an open EXO Community have been waiting for a while to launch an nft project because with a community you really want something like that and how do we reward the EXO Heroes so we we actually have just uh announced and have minted a a collection called EXO Heroes um which are a collection of ordinals and we’ll go across multiple chains of this um for people that are building the new web 3 realities that will replace the old world and so that collection is going live over the next uh few weeks uh and we’ll be allowing people to Mint EXO Heroes for free uh if they have recruits and other things they can go to uh exoh heroes.com and check it out or track us at exoh Heroes nft on Twitter I think it and then and then the general we finally jumped into that mod modality great how
[01:16:00] big is the EXO Community again s we’re now 37,000 people in 150 countries amazing and how does someone we offer tools and uh transformation toolkits and how to build an EXO uh we do master classes training networking etc etc awesome awesome so check check it out at openex o.com um and uh selem what’s your what’s your your handle on on X my Twitter handle is s Ismail um which has been a bit of a nightmare recently because the podcast I did with Tom Bilu just dropped so I’m getting some weird mentions and a couple of weeks ago remember you and I did a clip one of your moonshot episodes and there was a two-minute clip of me talking about the fact that you cannot regulate AI at all and Elon retweeted that clip um and weird things happen when Elon retweets your face yes um did you get marriage proposals or what happened no but no like just some really
[01:17:00] like who the hell are you pal type like just it was very surreal but it’s a really important point we made that point I’m going to make it again uh we see no mechanism by which you can regulate AI like at all you’d have to go down and regulate it at the at the every line of code being written which is obviously not or or invent a time machine one or the other whichever is easier no I think um so we’ve partnered with the Casper blockchain which is doing a really amazing job they what they’re doing is they’ve creating a blockchainbased audit function where you can run your AI through an audit analysis and it’ll an analyze the the um the the the depth of the model and the Elegance of the model and so on so there’s a really interesting Vector there on that oh amazing everybody thank you for listening to this episode of moonshots WTF just happened in Tech this week uh please Please Subscribe if you like this uh share it with your friends SL and I will be doing this on a regular basis at
[01:18:00] least every two weeks to hopefully make it fun and give you some context of what’s going on in the technology World um if you’re interested in my abundance 360 Summit you can go to abundance 360.com uh if you’re interested in uh EXO selim’s organization go to openex exo.kai and talk to you soon let’s let’s appear next time with humanoid robots next to us helping us out I think we should uh tell people that we are actually humanoid AI robots in the first place and not not hold them there you go not not lie to them again about this thing all right take care pal there you go all right by [Music]