9 Business Ideas To Profit From The 2022 A.I. Gold Rush (Using Dall-E & GPT3)

There's a new era and I'm not part of it. And that's kind of how I f that's a little bit how I feel when I see this. And I don't know, how do you feel when you see this and how do you intend to kind of like get your hands you know, we're a bunch of Schemin, greedy. You know. How are you gonna get your hands on this? How are you gonna get your s your stickin' paws in this game? Okay, this is the AI episode.

It's all AI. Everything is AI. Um B I was mind blown, I would say that's the right word. Like to me this is the biggest holy shit. Moment.

I've had when it's come to t when it comes to technology of seeing what's going on in AI. Um For you, you got emotional, which is a strong. I think I I think I'm more emotional than you are. I think I like I get touched more than you do. Uh let me give the background really quick. So it's a company called play dot ht. Um But the and the one of their side projects is a thing called podcast dot AI.

And basically what they did was They gave their AI algorithm or program, whatever you want to call it. They gave their uh program Uh Steve Jobs's biography. Uh, which is and I think they actually gave him one or two of his biographies'cause there's two or th

Two major ones. Then they basically gave h they gave the program every single Steve Jobs recording, I think, ever, or any that they could find on the internet, along with every Joe Rogan episode ever. And they made Joe Rogan interview Steve Jobs. And in the interview, it's like twenty five minutes long. They talk all about all types of stuff, but they say some amazing things like Joe Rogan does the intro and he goes like he teases out the who who it is just like he does in real life. He goes, What's up, freak bitches? Which I don't even think he says anymore, but he said that in all the early episodes. He goes, What's up, freak bitches?

Uh Today's guest is someone who's incredibly smart, incredibly weird. J let it let it be. Well he says insufferable, which I thought was crazy, so go ahead This podcast is brought to you by play. Dot. H T All content is generated by artificial voice choice for this part.

Listener discretion is advised. Hello freak bitches. Welcome to another episode of the Bro Jogan Experiment. And on this episode, I welcome my friend Who's difficult to describe. I'm fascinated by him and I hope you'll be too.

And he is Weird. And brilliant and sometimes totally insufferable. But my guest today has made some of the great technological products of our age. And he's always pushing the envelope in innovation.

Like for example, with his next computer, he developed a new programming and operating system, and then he became even more famous for making three applications for that computer. uh word processor a spreadsheet And An image editor. That just showed me that this dude was brilliant.

had amazing taste and I would just hope that I could be even like one tenth of the genius that my friend today is. And I can't even say his name. So yeah. So super psyched about having him in the house today. First time or Yeah. We've had you on before, but not for a long time.

You're a memory from the past. So without further ado, my friend who is difficult to describe and wonderful, and I'm so grateful he came on the show. How's it going?

Good to see you, buddy. It's been a long time since I've been on the show. I miss this. It's always fun. Wow. Like just pause there. Okay.

So the things that like first the voice quality. The voice quality is incredible. Like that sounds just like Joe Rogan. It sounds just like Steve Jobs. It it is It has gotten so much better than like how this used to be. I remember like You know, when you had like the Garmin GPS in your car and you could like choose the Morgan Freeman voice or whatever, like anytime you'd have like this v t voice robot that ha was trying to say something new. It sounded totally computerized.

And this doesn't. So the voice quality is one thing. The fact that it kind of like It makes more sense. It makes more sense than it should. Like He's doing an intro. It understands that.

He's teasing. Mike. This my friend who's here today, this person's a genius, but not saying who it is and what it is right away. That's like a a showmanship thing that I thought was like really interesting. Um

The back and forth banter, like he gives that long intro, and then Steve Jobs just kinda laughs, um, like you would if you had sat down for this kind of interview with Joe Rogan. I just thought that was incredible the way it felt like a real conversation. And obviously there's some stuff that's like You know, he's talking about word processors and documents and a little too much, like nobody would do that, but like Damn if eighty percent of that is not Amazing.

And the reason I felt emotional listening to this was It's I thought Both like in awe, but also scared, because as I was listening to this it I was agreeing with what Steve says and Uh w what we'll do in in a second, uh, Ben, is fast forward like

maybe ten minutes in and basically Jobs goes on this long rant about LSD saying Uh you know, LSD changed my life, and I don't think it's for everyone, but it changed my life and it opened m my mind up. and let me read all these books I never previously would have read and he says Something like

I don't I wouldn't take LSD a bunch of times in a row because I only needed it once or twice and it opened my mind and it introduced me and he he goes in depth. He goes it introduced me to India. And It's just Well he talks about he's talking about God. He's talking about like all kinds of things that you're like It's not just like reading a Wikipedia page.

You know what I mean? Like yeah, it i it's very philosophical. He's like when people think about God, they think about this But to me, it's and it's like well, that's a fully formed thought and philosophy and like That sounds like something somebody would say when they're having like an in depth podcast and not just like I did this in nineteen seventy nine.

In March. when I was living in Albuquerque. And then in nineteen eighty one, I once again, you know, it was wasn't that it was like a very real sounding thing. And he has this amazing Did you hear there's this beautiful quote that he says, and basically the way that this company if you ever listen to a bunch of Steve Jobs interviews, you'll notice that at points it almost sounds like they're just Chopping up some of his clips and just weaving them together because he has talked about this before. So I don't actually know if he's ever said this particular line before, but he starts talking about India and why he loves like uh that part of the world. And he basically says, like, Well, it's so old and it influenced the rest of society. And he goes, There's an Indian epic.

That's ten times as long as the Bible, the Quran, and all these other things combined. That's what he says. Yeah. He's like basically Indian history influenced the rest of the world. And there's an epic that's ten times as long as all these other books. And I just thought that would that's just like such an interesting He doesn't so and he doesn't say the name, so it kinda leaves you wanting there, but uh he is talking about the the the Gita, which is like it is I think that long. It's like a sixteen part. series or whatever. It's like this really, really long thing. I would bet that it actually is multiples longer than the Iliad and the Odyssey. So I I don't think it's a very important thing. I said I gotta find that book.

Like he just sold me on the spoke. Yeah, he I the dead jobs influenced me. So Ben, click play just for like thirty seconds. But there is some kind of deeper meaning to life. And it can't just be something that somebody made up because if it was It wouldn't be compelling. It would seem contrived and everyone would see through it.

So I think that the meaning and the purpose is by the cosmos. The nature of the cosmos, which is pretty bold thinking. I mean I don't know how else to put it. But it's not religious in the way people usually talk about. Taking LSD was a profound experience for me.

LSD shows you that there's another side to the coin. And you can't remember it when it wears off, but You know it. It washes over you and tells you that everything is connected. You're not here by accident.

You were put here for a purpose, and if you can figure out what that is. then you'll learn more about yourself than anything else could. It's pretty intense. So so that quote is a real quote of his. Taking L C was a profound experience, one of the most important things in my life. It shows you that there's another side of the coin. You can't remember it when it wears off, but you know it. Okay, so that is like an actual quote of his But it's weaved into the conversation. Like

There's the part in the conversation where he where you see where he says He's talking about uh how he's a fan of Joe Rogan. He's like it's nice to just sit back in the car and listen to you rant. And it's like Okay, so The first one where he's w the the LSD, you know

Okay, he they just took a they just took, you know, his Goodread section or his quotes and they're like okay, cool, he's he says things like this. But where did the how did it know to say to Joe Rogan that I love to listen to your podcast in the car, just less love to sit back and listen to your rant? Where would that have come from? How d how does that happen? That Th there's like little moments like that that are like I just don't understand this technology well enough to know.

how it could know to say something like that in that moment. So the first half of the call he talks all about India and these like Kind of platitude like life advice type of things, which were pretty amazing. But then the second half, which Ben's just started playing a little bit, this he talks about Google and they actually say Yahoo, Ron, they call it Yahoo. Uh they put the emphasis on the wrong syllable, but they uh He he's he like does all these like says all these interesting quotes, which I actually think are things that he said again in the past, but he says stuff like, You know, that's the problem I've always had with Microsoft. In many ways, they're smart people and they've done good work, but they've never had any taste. They've never had any aesthetic taste. And then he goes on and he talks about Adobe, and he criticizes Adobe's business model and he goes,

Uh Joe Rogan actually says, What would you do to fix Adobe? And Jobs says, Well, they've got eight hundred people working on Adobe's business model. That's just way too many pee people. And the fact that they charge just uh a little bit of money for a small bit of the product, it's like buying a car, but only getting part of the car and having to pay more money to get the rest of the engine. And he likes says these criticisms about Adobe, which frankly I have no idea if it's true, but it he must have went on like a rant about this, you know, in the past. But and and then he goes You know, I had a lunch recently with Bob whatever at Adobe and he like says their full name and he leads up this part of Adobe and he actually agreed with me that they need to fix it and they're working on fixing it. And so anyway.

He like actually gives Almost more advice and his opinions on what I think are current events. I'm not well versed enough in it with Ad Adobe, but I it Seems like current events. It it's pretty magical. It's amazing. Yeah. This basically was like Bring p bring back someone from the dead technology. Ben, do you have anything to add? You're a hi you're a history guy. What did this like do you have anything that you felt when you when you watch this?

I really agree with Sam. It made me oddly emotional, uh, listening to it. It also scared me a little bit just because I thought of the application of like Well what if like you did this to my grandpa? And like what emotions would that bring back? And then that like frightened me of like oh I don't know if that's a good thing to be able to experience like is representation of my grandpa that would feel like the real thing, but isn't, right? Like where are these thoughts coming from? So it's Eagle parts like really compelling, really cool. As like a treat to be able to hear

Well I think is like pr a pretty accurate representation of how Steve Jobs would approach some of these things that are happening today. But then also just like Scary to your eyes, but it's not really him. And what is it really? Well it's a line. It's like a video, right? Today you could watch a home video and it's like you see their face, you hear their voice, the but you ca it's captured a moment in time.

To me this is an extension of that, which is like Now it's gonna be somewhat interactive that you can kind of interact with these people or hear them talk about new things. Uh and you know that it's not like the real thing, but it's you know, there's a Black Mirror episode that's a lot like this where The the woman like uploads her boyfriend. consciousness to like, you know, this robot, she's kinda still dating him.

Even though uh you know, he's gone, but like there's like the shadow of him that like, you know, can can simulate him. Um And I th I think there's more good than bad. Um Sam, what do you wanna say? Yeah, so let me add two points about why this is gonna go even stranger. Well, the first point is

Is is almost scary. So basically in nineteen eighty five, here this is a quote from Steve Jobs. He goes, My hope is someday, when the next Aristotle is alive, we can capture the underlying worldview of that Aristotle. In a computer. And some day Some student will not be only be able to read the words Aristotle wrote. But ask Aristotle

A question and get an answer. And so Steve Jobs wrote that in eighty five, which is interesting. Now here's where things get really interesting. Because that's the that's he is what he's what just happen what he just described is what just happened to him. It's magical. Now here's where things are gonna get even more magical. So play dot Is it play dot AI or play dot H D? I wanna Uh so uh uh part of their website you can actually vote. For new episodes.

And some of the top episodes that people have voted for is Elon Musk. Interviewing uh Nikola Tesla. Kanye West and Bob Lar Marley talking about music. Jesus interviews God And then I believe there's Einstein and Buddha having a conversation on science and spirituality.

Uh Trump interviews himself. Trump interviews himself. There's Lex Friedman interviewing Richard Feynman. And then there's uh Joe Rogan mediates peace between Russia and US. And that sounds like a joke, and it is a joke, but it's actually An interesting tool. Where you're like Well, like let's hear Joe Ro let's see if Joe Roga can like bring together these two peop different people and hear each other's perspective and we'll actually find out where one another's coming from, even if it's make believe. And but it will still be like maybe that is actually how they feel. And I could work through this argument. So that's why this stuff is actually

Really, really interesting and powerful. So let's switch gears. I wanna give you My kind of like big picture. Framework. on how I think about AI.

So Um I was having lunch With this guy who has built this AI app. Uh we built a one app called I think Wombo is the name of it. It had like a hundred million downloads. It basically could take a picture of you and make you Like

Make it look like you're singing. Uh and then they got copied a bunch and got taken out of the app store'cause of music problems and then like I saw that. Uh now he has another one which is basically like one of these um text to image creators on mobile. And it's like really popular. And he started saying this thing and I kind of

remixed what he was saying. And here's kind of like how The here here's where we landed with like what's going on with AI. So the last I don't know. Ten years. Have been

what I'll call left brain AI. And like, you know, you have your left brain and your right brain. Left brain a left brain is your analytical brain. And that's what artificial intelligence could do. You had Big data, you had machine learning, you had You know, all oh the computer can play chess and it's amazing. The computer can play Go and it's amazing. It beats the best players in the world.

You had self driving cars where a car is taking in sensor data, camera data, and it's basically processing it and trying to make decisions like a human being. Using analytical decision making processes. It's trying to make the right judgment at the right time to maximize safety. And so that's what I think that's

Where we've been and it's also in a way what we expected. That sounds like the type of thing that supercomputer should be able to do is like, hey, computer, you know, just like you can multiply huge numbers and and I can't do that in my head, you know, you should be able to drive perfectly every time. You should be able to play chess better than a human. Like great, I get that stuff. And then was this game changer where it changed into right brain AI. Your right brain is your creative brain. Right. So this is where you got

GPT three, which is what generates um text, like you know, what we just talked about with the Joe Rogan thing. So You can just give it a prompt and it'll just write an essay for you. It'll be creative. It can write rap lyrics for you. And that's where you got Dali, which is art. So you could just say, Give me a picture of a starry night. But with uh it takes place in Hogwarts and it'll just generate Images that Like create that scene or paint pictures.

for you. And so you know, all of a sudden the artists are looking at this saying, Wait a minute, wait a minute. I it was fine when you were just messing with chess, but now now you're holding the paintbrush, what's going on here? And then you have that, you know, what we just played, you know, um play H T or Unreal Speech they're doing this for audio. Like how do you generate Audio, whether that's music. Whether that's um podcast, it's just creating it from scratch. And you know, like here's podcasters like us that's wake up and we sit at our microphone and we have to come up with this content.

But now the machines are doing it too. And um and so we're competing with that. And then you have People doing this with video. There's a company called Runway that's doing this where you could just describe a video like Walking through the streets of Tokyo and it's really busy.

And then it it creates that scene and they go. Can you add some rain and then it adds rain. What what's that called? Runway ML. Can I go on right now and just use it? Ben, pull up the demo for Runway ML. Um, I don't know if it's like launched yet, but they they put out a sick demo of of what I just described. And so now you got this right brain AI. That's doing creative shit. creative images, creative text, creative videos, it's writing blog posts, it's writing essays, it's making paintings, it's making patterns, it's making music, it's making podcasts, it's making videos.

And so now it's doing both sides. And that's the big change that's happened. And that's the big Holy shit moment. In the same way that NFTs brought a whole bunch of people into crypto who you know crypto when it was just Cryptography.

Or it was just finance. Um there was certain set of people that were interested. Then NFTs came out and it was like, Oh, cool, there's a whole art angle that you know, like Celebrity access. It it brought a new audience in. This is that on steroids where The new AI stuff.

That's creative. And it's creating art and creating music and creating audio and creating text. That's bringing in a whole new wave of people beyond just People who were interested in a chess Or a

Alpha, you know, the Alpha Zero bot that plays plays Go. Um, you know, those were kind of limited to like just the nerds. And now we got the nerds and the artists both in the mix. That's my framework for what's going on with AI. And the next ten years I think are this like right brain side. Taken over and this is that is that it what is that? Yeah, so let's see. Oh my god. Like it's like make it feel more romantic.

Had uh Uh remove the you just highlight a object and it's like remove this. I don't want this in the video. And it just removes the street lamp. And then it's like Make it a lush garden, make it look like it is hand drawn, make it look like uh a jungle where there's whatever going on.

Wow. So Like that last thing it just did is so crazy. It just h you dropped a video in and it goes Green screen the character and it's a guy walking around and it just like immediately removes the background. And then it says, add a sunny sky and add a sunny sky. Then it says blur blur the sun a little bit, blur the background a little bit, and it blurs the background while this guy's like skateboarding or whatever. Like that's crazy that it could do that. Um

Yeah, and now obviously You know, a demo. is generally like massive overpromise for what the tech can actually do. Yeah, but it's we can all see it. We can all see that like if they're not doing it now, like it it it's reasonable that in the neck in the near term of ten years, like this is gonna be normal. And add two inches to that guy's neck beard and this is done. Yeah. We're measuring timelines by uh hair gro low hair growth. They um This is one of those things and it doesn't happen often.

Where you see something and you say to yourself It's not there yet. But it will be. And it's almost like where you like Test it's almost like when when I was in a

Tesla for the first time and it went and it was like a practical car that also went zero to sixty in three seconds, even though the range wasn't good and like this other thing wasn't good. But I get into it and I'm like, Oh. Well, yeah, like in ten years this is what this is just the norm. This will be normal. And those types of things it's like puberty. It's like the there's a bunch of changes happening. The voice is changing, but it still cracks. And you're like, all right, it doesn't sound great yet. But it'll get there.

Yeah, and this is one of those things and and it it's pretty magical when you see it and Like a really some Seemingly basic, but actually quite profound, uh, ways that this is gonna impact things. I mean, it's basically it's almost like I don't know if you know anything about music, but like I was listening to this documentary on uh Nirvana and Dave Grill was talking about his n newest album he's gonna use analog, like Which is like tape recording. He's gonna like record it like with them all in one room, but he because he's like with Pro Tools Like

you know, it's the technology, it's the recording technology they use. It's called Pro Tools. It's kinda like Photoshop, but for music. And he was like, We can record all this music and like we only got to do it one time and then we can like drag and drop different stuff and we make like the sound. Perfect. Like the every snare is like exactly on the beat that it should be, and it's perfect. And he's like We kinda wanted it to be a little sloppier and to feel more human because Pro Tools has made this stuff perfect. And that's an example of what's gonna happen. And like some really mundane but interesting examples are basically, you know, have you ever done like sale like high ticket sales are you trying to sell software or some type of service that requires tons of back and forth on email of you like called emailing someone and then like them saying like oh well this is kind of interesting but we need this, this and this. And then you have to like reply back. Sure. That costs So much money with the people. You gotta train people on the right things to say. You've gotta give them documentation on all the right things to say. Then you gotta like add in like the wow factor of like can you like

You flirt with them the right way, and can you like play this game the right way? Like that shit The like reasonably It's it's reasonable to see that that will all be automated. In a in in the near term, like a call center won't be a thing. There's gonna be like your AI call center or whatever we wanna call it, your operations hub.

And then there's gonna be like just in case that doesn't work, we'll have a couple people there. Right. Well, I uh I inv uh one of the companies I invest in is called Infinitas, and the the funny thing that they did was They're like, Oh man, doctors spend so much time their back office like Just trying to do billing with insurance so that you'll call up Basically, you know, patient gives you information for insurance. You then have to call the insurance company and you have to verify the name and the number, and then you have to get it like here's the reference code for what treatment they had or whatever, right? All this back and forth.

And Um Most entrepreneurs' solution was like, Oh, this is so much back and forth. We need to eliminate this and rechange the system from scratch. And what these guys did was way smarter. They were like Oh, why don't we just save the doctors a ton of time? Let's make a robot that calls their robot.

And so they created a a robot that will call You know, whoever's not. Insurance providers robot And the insurance provider was like, please enter. The patient's identification number. And then the robot goes

Nine, two, four. Three, three, six. It's like thank you for your patience, Robot. And it's like Please. Say if you want. Number one. And then the robot has infinite patience to just do the whole call by itself. It saves doctors a ton of time. They're doing really, really well.

Let me give you um We have to talk about interior AI. Yeah, so let's do a couple other examples. So uh here's another one where, you know Peter Levils who came on the pod. Um, you know.

Massive at a fan favorite. This guy's got like a a killer following. And one of the reasons why is because He loves to just act together and make stuff. I think when you I think when you were looking at his thing, you called him a What did you call him? You called him an artist in that way too. You're like Yeah. You're a um

I can't remember. It was something like you called him basically like a Like a a a code artist or something like that. Well, I I I don't know remember what I call them, but to me he's like a craftsman. You know, like he's like a he's like a punk rocker who like Uh he's like a musician who just uh instead of playing on a uh a musical keyboard, he's playing on a computer keyboard and he's pretty magical he's a pretty magical like creator, I think. Yeah, there there's definitely an element of punk to him where he's like for example, he's like, I don't do email or phone calls ever.

If you wanna if you have a question for me, here's a frequently asked question thing. Like why? Because I like To just work on my shit and then I like to go swimming. And like th those are the things I want to do, right? And he's like, you know, I don't want to live in one place. I'm gonna just move around and like Be a nomad, and I think that's cool. He did that before remote work was popular. So explain what this is. He's been building it publicly on Twitter for a while now, about three or four months, maybe.

So uh no, not even, dude, like a couple weeks. So um He created the thing, it's interior. AI like interior design. And what you do is you could basically upload a photo of any space.

And you can say what it is. You say you drop it you drag and drop a photo of a face. We by the way, I I wanna create a YouTube video that does all these demos Live one by one. Um but like You upload a space. And then you say what type of room it is, you say what type of style you want, like do you want

ski chalet? Do you want tropical? Do you want like minimalist? Do you want a maximalist look? And then you um you say how many versions you want, and then you Click render my idea and it just creates like an interior designer would. A super realistic like go to his Twitter and just uh look at the um Look at his like demos there, Ben.

Um, it generates like a super realistic looking interior. So when he took like, for example, um Kim Kardashian's house? And he took the photo from their like living room and then he uploaded um He said, like, you know, give me a di give me some inspiration and it turned it into like a hot spring. Like it turned it into like a whole different like thing and it all together. Um But it's really amazing. And it's like, yeah, here's all the stuff you would need.

To make your house look like this. Do you like this look? Nope. You want a new one? Push a button, get another one, push a button, get another one, push another and the other one. And which is what you were saying. That would be so much back and forth with a human being. You would sit down for design meetings. And then they would have create a lookbook and then you'd give your feedback and then they would You know, maybe give you a rendering, but that takes time and energy on their part, and then you'd say no, and then you'd have to go back and forth. Here.

You just push buttons and you just immediately get this like dream It's like you just get to dream out loud and like you're just dreaming and it's just generating images of like, you know, that for you to kinda like remix off of. Which is a totally different Creative process. Like That cuts so much friction out of the creative process that

Even somebody like me who doesn't have Design taste. This is A the superpower to give you design taste, but B It takes all the friction out, so you don't have the impatience, right? Okay, look at the look at this one. Yeah, go go back and forth to this. So

So it's this crappy warehouse. Like space just empty, I don't know. Sam like describe what you're doing. So this is clearly an old factory that someone's trying to turn into an apartment. So it's an industrial style thousand to two thousand square foot room that looks beautiful, but is too rustic to live in and entirely empty. And he says Uh I found an original empty loft photo.

I wanted to add interior decorating that was industrial style and I wanted to auto detect different parts around the building. So it looks like there's like a Killer in the in the middle of the room. So he wanted the he said, I wanted to decorate around that. And he said, All right, go ahead, interior AI, do it. And let's look at the next picture. And then it turns it into this like modern looking loft.

Uh it's the same place. Um, and then it replaces the floor, and then it does this, and it does that, like And you could I think there's another version that it creates like it creates like multiple versions of it. Uh my gosh. Yeah, some of these are a little blandish. Like this one's crazy, right? They've like replaced the roof with like bamboo and like you could see through the roof now. So some of this is not uh super realistic, but

You s you said something earlier that I think is worth noting, which is Um It's not perfect and there's like definitely some weird stuff that it's like, well That doesn't make any sense. But

You have to see through that right now because that stuff's gonna get better. And there's this great blog post from back in the day by this guy Paul Bukite, who created Gmail when he was inside Google. And then the blog post is called If you're great, you don't have to be good. Which honestly is kind of the motto of my life. Right, like

Sam, do I show up late to this podcast? Yeah, I too. Am I wearing my boxers right now? Yeah I am. Did I prepare for this podcast? Not fully. But if you're great, you don't have to be good. And like that's true. He's like, you know, with with Gmail

People were like, Oh my God, it doesn't have this and th it doesn't have a contact book and it doesn't have this he's like, Yeah, but Look, it's lightning fast. has unlimited storage. And in the search is amazing. You can find any file on any email instantly. And he's like, when you're great, you don't have to be good. He's like the iPad. People were like, Oh my God, it doesn't have a keyboard. It doesn't have a USB port. It doesn't have this. It doesn't have that.

He's like Yeah, but watch this. You tap a button and it like instantly is on. It doesn't have like a boot up process. And like you swipe And you're on the internet and it just lets you browse the internet from your like your couch, you know, where you're you're you know on the go, where you're you don't have your laptop, or you don't have your desktop computer. He's like so when you're great, you don't have to be good. And he had released that when the iPad came out. He's like Look.

iPad just got released, all these critics are saying how that's a huge flop. I think they're wrong because they're making this mistake. They want things to be good everywhere. But you just need to be great in like three things that matter. And everything else can be kind of sucky and it'll still win. And he was absolutely right about the iPad.

Are you So Yeah. Let's talk about opinions a little bit. Where's your head at with all this? I mean when I see this, I think A, I am not capable. Like I I I don't have the ability to work on this. I I I just I simply don't have the horsepower.

And like I appreciate it, but I the engine I got upstairs, it's more of a go kart. Yeah, yeah, yeah, yeah, yeah. I'm definitely Well, I'm like I I'm very much either gonna be a spectator or a only semi in fact uh active person in this in this game. Like, you know, you made a you made a funny joke when we were talk you and I so Sean and I are obsessed with TikTok. So we watch TikTok constantly. And we made a joke, or Sean made a joke. He goes We're content creators. In the same way that

Uh a horse carriage. person uh in nineteen twelve and they just saw Henry Ford drive by on his car. Like that's kind of why and you're like, Oh shit. Yeah. Hell was that. Yeah. Like I feel like I watch TikToks. Yeah, I see an eighteen year old with Vans who like makes this like spectacular like video of uh and it's just the funniest thing ever, and I'm like, Oh, there there's a new era and I'm not part of it. And that's kind of how I f that's a little bit how I feel when I see this. And I don't know, how do you feel when you see this and how do you intend to kinda like get your hands you know, we're a bunch of

Schemin', greedy, you know. How are you gonna get your hands on this? How are you gonna get your s your sticking paws in this game? Well, that's a great question. Uh it's a question I've been asking myself. I'm a little bit different than you in that I'm I give my I have a little more self delusion where I'm like I could do this. You know, um I could I I I

If I hired the right people You know, I could be the vision guy. Yeah, yeah, yeah. I'll be the vision guy and like, you know, I'll have the idea and then all these geniuses will just walk out. A a a pro uh I would tell my parents I had a tech company, but it was really just an email newsletter. It wasn't a tech company. You actually had a proper Technology business.

Right. Right. Yeah, you you were just basically like writing brochures. And uh whereas I was running a a Silicon Valley enterprise. I'm like I'm like uh uh a restaurant who has an online ordering menu, uh calling themselves a tech company. The next Google. Um used to working with people that are way smarter than me. And I like go over to the I roll my chair over to their screen and they're just like What do you want? I'm like, hey, bud.

Can you do that thing again where you made the thing like bounce during the animation? Like that was so cool. I want to just like upload this to my Twitter. Can you do it again? And they're like, Oh yeah, sure. Um so I'm used to working with designers, engineers are way talented. So I I kinda look at it as as following. My plan is this. Invest in everything, because investing is easy. Uh, right. Like I'm a believer in this wave. I'm Uh excited about this and I think that I can help because a lot of the people who can build this stuff, they don't know A, where to apply it. Like what's the

What's the actual pain point I should be solving? And B They don't know how to like build maybe a defensible business or a go to market strategy that might make sense for them. So I'm like, okay, cool. I'm gonna invest in a bunch of these companies. That's Plan A that's already in motion.

Um for su for su idiot because it's like Oh cool, now you're interested in the new thing and it's like On one hand, I get that. Um You know.

Oh, cryptos. You are you are in fact a a dumb idiot who chases. Yeah, I just chased the next shiny object. And there's some truth to that. Like Crypto was uh the more crypts went up, the more I invested and the more uh you know, then I created the milk road and like that, you know, I turned my content attention to it. Um so y you know, oh You know, it's like that meme. It's like, you know, the guy The guy who looks back at the new the new thing that's like, you know, the hot thing behind it. It's like, yeah, AI is that new thing.

But at the same time. What am I supposed to do? I just saw a fucking flying object I just saw a UFO. What am I supposed to do? Pretend I'm not interested? Like, no, I'm super interested. Like, you know, count me in, like, beam me up and you know have your way with me, aliens. That's how I feel about AI. Did I ever tell you the time that in our office there was a porn studio across the street that would leave their windows open?

So So at my office in San Francisco was at Bush and Kearney in the financial district of San Francisco, and we were on maybe the fifth floor. And there used to be this company called Breather, and it was almost like Airbnb, but for office space. Maybe like We Work uh where they would like pre rent tons of like one single small rooms. A meeting room. Yeah. Yeah, meeting room. And then you could rent it by the hour. And we had these huge, beautiful windows at our office. And you could see across the street, which was only

twenty yards, you know, just the size of a small street, and you could see across where this other room was. And eventually This soft core Horn company started renting it. uh it was a breather and they would rent it by the hour. And I think it was for OnlyFans. I think it was where A freelance photographer who's uh specialized in like webcam girls or something like that. And they would come and take like their

their portfolio pictures and they would always comment like Two days a week at like two o'clock and they would get completely naked. And they would just be there taking pictures. And I had this woman working for me named Edie, who's probably sixty five. And her and I sat next to each other and I remember like it happened and be like Uh yeah, they're there again today. And like You can't not look. And Edie's like hardcore Catholic and she used to like do the side of the cross. She would do like the side of the cross and like start holding on to her like rosary, whenever they would come in and she would like Oh ge like she would say like oh

Baby Jesus, like you know dear. But for different reasons. Yeah, for different reasons. She was more so in like wow. I was more like, Wow. Yeah. And uh it was one of those things where I remember sitting there and our office was like Six young men and then like E D. And I this this this like Porn was just not porn, but this nude photop photography was just happening right there. And we just like had to stare at it all day and I remember it being so challenging to work when that was happening. That's sort of like AI. That's my long tangent. Yeah. I was like where's he going with this? Okay, yeah, I I'm with you.

I'm with you on that. That's that is. You don't remember that? You k you were never there when the the they got naked? No, I never saw that. Um, but you know. Thanks for not inviting me. Um So So yeah, that that is how I feel about this where I'm like, what am I supposed to do? Not look ED? Um I'm looking. I'm looking and you know the I'm looking as long as they're there. That's how I feel about AI. So I'm gonna invest in the stuff. Uh, I'm gonna keep learning about it and then who knows, maybe start a c a company in this space, you know, it's

Pretty exciting. Yeah, it's exciting. I mean, like this is like a It is exciting. It's an unlock. It's like, Oh, we got new toys to play with. Like I can't leave'em in the box. Like I gotta unbox it and see what I could do with it. So You know, I I don't know. We'll see what happens with this, but let me give you a couple other Um kind of mind blowing, you know, examples here. So

Okay, so another one is Jasper. So I just invested in this company called Jasper. Jasper A. Dude, the valuation was steep. I'm shocked you did it. Yeah, the revenue curve is also steep. It's w it's working really well. And now I I I went in and I told him this, I go Your numbers are insane. Um

This might be fraud. That's okay. Yeah, we'll s we'll see. I don't think it's prod, but like the numbers are so so impressive that it's like You know. When you say, Wow, that's unbelievable, there's a part of you that's like Is it wait, is this believable? Um so you know, there's a there's uh there's that. And I said

The other thing is You know Sometimes these companies they get off to really hot starts. They don't necessarily sustain. Like uh sometimes that explosive growth can can make upon But it can also break you. Group on.

La you know, during Covid, Hoppand was an example of this, where Hoppand was like you know, started and then it was like the perfect thing at the perfect time, and it just took off like a rocket ship and it became worth five billion dollars and then now there's like They just laid off like whatever, a thousand people because Covid ended, the demand went down, they couldn't sustain that sales growth. They had forecasted that that they'll always keep growing like a rocket and maybe that didn't happen. So you know, and by the way, the founder Took a hundred million dollars in secondary.

Yeah, you know, just had to secure the bag for his family, right? Uh he's like, I got kids. He don't, but you that excuse all the time because I was I got kids. Dude, I got kids to feed. I got a family. I'm such a good uncle. Um okay, so check out this demo of what Jasper can do. So basically I teach like a um A writing course called Power Writing and my h my whole goal is like Hey, if you're gonna write something on your website or an email or your Twitter bio, or you wanna write content for blogs, like

You're either gonna write it and no one's gonna read it. It's gonna go nowhere, it's gonna drive no results, no clicks, no signups, no followers. Or it's gonna like actually like Achieve the thing. So it's like a genie, right? You say You say what you want.

And you just give it like a little guy and it's like make it funny. I want an ad that's gonna like promote my gym. It's called Crunch. Uh we have this welcome offer where you get it for twenty bucks. Make it funny and I want it as a Facebook ad. And then I want it as A uh called email. And then just gener and you're like, give me 10 options. And it gives you 10 options. And then you could just like edit them or whatever, or you can h literally highlight it.

And just say, rephrase this. I didn't like the way I didn't like this intro. Give me a new one. And I'll just give you a new one. You're like, give another another one. And it's like gives you another one. I mean, it's like the best employee that's like creative. Super prompt just immediately delivers the thing you want. It's kind of like amazing. So like watch uh watch a like another thirty seconds. This is like the boss mode version. Access to documents. I want you to imagine documents. It's kinda like Google Docs. If you had an assistant in there and you're the boss giving your assistant instructions on how to do stuff. Now for our first example, imagine a real estate agent who has a lot of outbound sales emails to send out this week and he wants to save some time by using his AI assistant, Jasper. Now, you're probably getting a hang of this by now. On the left, we give Jasper some context of our situation, any background information we need, along with tone of voice and keywords. And then on the right, we can supply a pattern. So Jasper can follow that, because Jasper's really good at following patterns and apply that with all the information it knows from the internet. So here, we just provided a really good example of what good behavior would look like. And then we provided some merge tags, empty little slots that we want Jasper to fill in.

In our situation, the real estate agents Dave, clients James, markets Austin, Texas. It's the new year season, demand is up, inventory is down. And we want them to hop on a call. So now we're gonna write with AI. We're gonna do a Jasper command. Remember that feature for later, okay? Now what we're gonna do is activate voice mode. Hey Jasper, write an email from Dave to James about an update on the awesome Texas real estate market and ask for a call later this week. All right, we're submitting that command. Imagine if you're the boss and Jasper's your assistant. Now He's following your directions.

Ha look at that. It's perfect. You can go ahead and ship it. Imagine all the sales emails you can s just A. Dude. So isn't that crazy? So like so that's why these guys are taken off because they basically say You know, where you had employees, you no longer need employees. Or if you had a good employee, they're now they can they can now be ten times more productive. Uh when they do this. You know, so so this is like kind of mind blowing on the like text generation for business side of things. This is crazy. Let me tell you like another wild example.

Are you gonna use this for your business? Yeah. So uh yeah, exactly. So I'm using it. I just started using this for for ours and Well Two things. One is I'm gonna try to use it when we do our prior writing course. I'm gonna teach people how to use this, but also use it in the like kind of the sales process. But um like with our e com thing, I wanna try it.

Uh even with Milk Road. Like there's like There's Cases where maybe our writers can be more productive if we give them this tool. For example, at every day at the Milk Road, we may we start with an opener. That's like yo. Uh hey, what's up? This is the Milk Row, the crypto newsletter that brings you news so fresh you'll think it's, you know, um

New so fresh, it'll smell like laundry straight out of the dryer. Hmm, I love that smell. And it's like that's what we like like I just made that up off the top of my head. But you give it three of those and then we could just tell Jasper, generate and it'll generate like Five hundred op clever openers like that. Which is great,'cause that's like one thing our writers every day have to come up with a cool new one and like

You know, it takes like, you know, a little en mental energy to do that and it's it's not the easiest thing, but now they can get better doing things like that. Let me give you a wild example. So Go to uh I don't know where this is gonna be. I don't know if they have a website. How how how are they any different than copy AI?'Cause I invested in copy AI and and they do the kind of the same thing. Just imagine different With more revenue. It's kind of like Lebron James just

Not good. Well this would be Lebron. Just imagine me taller, faster, stronger, more handsome, more successful, and richer. I think No, I I've been in that by the way, I've been an investor in copy A. I love those guys. Uh Paul is the founder who I invested in. They they're at ten million in revenue. It looks like there's It looks like they're actually quite similar, uh, but I think they're geared towards a different user. But uh yeah, I would have to dig deeper into Jasper to truly understand. But anyway, go ahead. So okay, so here's other examples of things that I think are amazing. So this same by the way, the same thing the way this just helped a content marketer or a salesperson.

Generate. Text for their emails and blog posts. Like this thing will write whole blog posts for you. And by the way. You can write a blog post. And then you click the SEO button and it'll score how SEO friendly this is.

And how much it thinks it's gonna drive for you, right? So that's pretty smart to like link these things together. Because on the surface, what the what are all these companies doing? They're just using basically the same. Sort of like GPT three engine. So on one hand, these companies are not very defensible because anybody could take these open source Language models. and build a user interface on top of it.

And so like I can create another competitor to copy AI or Jasper or one of these kind of things. But it's all in the like the user interface, the applications, and how much like business utility you add to it. So let me give you another example of business utility. So This is now in the photography

uh use case so for example for my e commerce brand We spend a lot of money every month. Maybe Something like five to ten thousand dollars a month. Easily. On

photography. So you have to take pictures of your products. You have to take model photos, so you have to do castings and then uh book models, then they come to your studio and then they use your products or whatever, and then you take photos or videos of that. You use that for your website, you use that for your ads, that sort of thing. And so that whole process takes like multiple people, right? You got a photographer, you might have a casting person. You have an editor maybe. Um

It takes time. So like we can't just have it instantaneously. Like you have to schedule these things. They take weeks. Um They don't always turn out good. Like maybe you have uh somebody that doesn't th it didn't turn out. Yeah, the shot didn't turn out how you wanted it, whatever. So check out um Dream Booth. So Dream Booth, let me give you the link for this.

So there's two here, Osmosis AI and Dream Booth, but try um Let me give you this link. So this guy hub one. No, this one I think works this guy I think works at Shopify, if I'm correct. Yeah, so this guy like works in the like future division at Shopify, I believe.

Um Strange Native is his uh his Twitter handle. And so basically what he does is he just shows like Um AI can unlock unlimited product photography. So basically you could take a s a generic image. So like the left image here is just a shoe on grass. It's not a particularly good kind of a glare. It's on grass. It looks like You didn't put a lot of effort in you know, you just went out in your backyard or a soccer field and took this picture.

And then you could just say Make this shoe look epic. And then it puts it takes that shoe, cuts out the background, puts it on and it automatically puts it on this like lightning background or whatever. But like look at the other example. So like To the second example I think is better. Look at the training image. So it's a dude taking a selfie in this hoodie.

And it looks okay. I mean actually it doesn't look okay. It looks bad. You can't use this on your website for e commerce. And then it generates A model like studio looking Photo of this same hoodie. This one is kind of unbelievable to me. This is that good. Where it's like, dude, if I could just take Me wearing some crappy wearing my product and like

Don't care about the lighting, don't care about the background, don't care if I have my hair done that day. And it'll just generate Like It gave this dude pecs. And it gave him like, you know, better shoulders and like a jawline and like, you know, it fixed the lighting and it put him on a background image and like

What the hell is but give him magic? How do I use this? How do I use this? You just click like on the tweet for now. I don't think you can use this yet. I think this is like proof of concept. I don't think this one's like a a product product yet. Uh I could be wrong, but I think a lot of these are like They're doing demos, training models, just to see what happens. Um, and then some of them they open source the codes, right? Here's this photo of this chair. Oh wow, put this chair in like this epic thing.

So there's this and then there's someone doing so this woman doing this thing called osmosis, which I think is more of a real product. Uh let me give you the the Link to this. Mickey Friedman is is her is her name. Um so what she's doing is basically You give it like an image.

And then you say, turn this into an ad. And it'll turn it into Facebook ad creative for you by turning it into a video, making it look cooler. uh that sort of thing. Now again, I haven't tested these products for like for real, for real to see if it's like any good or not. But The concepts are good and whether these exact products are the ones that do it, someone's gonna do it, because all these are really valuable business use cases.

That like If I could do this. Now a process that's costing me ten grand a month. Um Cost me just cost twenty nine dollars a month. Yeah, twenty nine ninety nine a month and it's instantaneous and it's better.

Now you're ten times faster, ten times cheaper, and ten times better. And like that's the makings of like Those are billion dollar companies when they do that. And so um that's really exciting. This is just one hundred percent frame breaking is what it is. When I see this stuff, it's just like I just got a little peek into the future.

And so then there's and and and by the way, this is still super early. It these products work. But So few There are there's a lot of people, hundreds of thousands and millions of people who know and care about this. But comparatively to how much of an impact this is gonna have.

No one knows about it. Um Yeah, so so check this guy out. So I just talked to these guys yesterday, young guys. I wanna invest in them, but I didn't love their idea. Um So check out this guy.

I'm gonna send you a link. So I'm gonna send you this link, but in the meantime, um You should uh So these guys basically they're young guys. They started One guy started a company out of college, raised a little money, didn't end up working out, failed. And he's like

Then I was just thinking about what to do next. I was kinda joining these different communities and he's like Um Then I met Hugh uh through TikTok. I was like, How'd you guys meet? I always ask every co founder pair, How'd you guys meet? They go, We met through TikTok. I was like you take people. Kids meet through TikTok nowadays?

You do YouTube? What? Um so he's like, Yeah, uh Hugh has been making Jarvis. So I don't know if you've seen the movie Iron Man. But basically in Iron Man I I guess I haven't seen it. So but it's like, you know, there's a AI assistant who he like talks to and like takes care of shit. So this guy for the last year has been building in public on TikTok, trying to create Jarvis like trying to create uh the real life Jarvis on a on TikTok. He's got like a million followers on TikTok as he's been building this.

So they met through this process and they decided to like Create an AI company together. That actually like does, you know, some version of this. And one of the things that they made, or the first thing that they made is this thing called Carter. And what they're doing with Carter is they're like, you know, in games, you walk around, there's just like

You know, you walk into the store, it's Grand Theft Auto, and there's like a guy working at the store. And they call these NPCs, non playable characters. It's just like a character that's in the game. So that the game's not empty, but they don't do much. You can just like punch them or like talk to them, they say the same three words. So what these guys started off doing was saying, Hey, any game developer who wants their characters in game to actually just be able to talk. Using a like AI?

Just plug this like line of code in and all of your non-playable characters will all of a sudden be like able to hold conversations with the players. Uh chit chat back and forth. Um, do all the stuff we've been showing that like, you know, the AI, Joe Rogan, AI, Steve Jobs thing, like just like hold a full conversation as long as you want. Or guide the player to go do something, like Hey, um I'm looking for the sword to like Well if the if it's the sword you seek.

You should go check behind the waterfall. Yeah, maybe there's some answers there for you and like it guides you automatically. You don't have to hard code that response. 'Cause if the player asks for something else, they'll say something else, but like kinda guide them towards that answer. Um I don't know if it all works yet. It's like in beta or whatever, and I I don't honestly, I don't love this use case, but It is a cool use case. It's a cool idea. Of like oh yeah, I guess in the future games

Just these like stock characters that are walking around are gonna not just be like random objects. They're gonna actually be like things you can interact with, which will change the way that the games work. Like you'll be able to spend this guy hours and hours in the games. This guy Hugh just retweeted a tweet from this guy named Alex Wang, who's the CEO of Scale AI, which I don't d even know what entirely Scale AI is, other than it's like a ten billion dollar software company and so he's It's like for labeling data. It's like To to make your m to make your machine learning smarter, you need to label data. Let's say you're a self driving car company. You need to like

Look at A million images and Point out which what was a a a shadow versus a dog crossing the street. So they basically give you software that will let you upload your images and then there's humans like I don't know the Philippines or somewhere, I think, that like

Will label your data for you and you just pay per image like Two cents or one cent one cent or whatever. So presumably he's quite intelligent and he has like a really grand perspective because his company's so big and he sees lots of information. He this guy Shu retweeted something from Alex and he says, We're at a critical turning point for humanity. Children born today are likely to have more

AI friends than human friends. AI friends are gonna be more reliable. Conc I don't even know what that word. Conciliatory. What's that mean? Agreeable. Uh and consider it. What does this mean well what what does this mean for childhood development and social norms? We will find out.

Uh That's Wild, I c I completely agree with him. And then he says loneliness is an epidemic. It's on the rise in a real public health problem. This technology, when it exists has a lot of potential for good. Yeah, I love that. And I'm I'm like, This is so fascinating.

So let me tell you three ideas. that I think somebody could build that are not in the demos we just talked about. All right. Okay. Idea one is exactly what he's talking about. And I call it, you know.

Some version of either the AI friend or the AI therapist. So There are a lot of people out there that would benefit from therapy. And there are apps that will connect you with a therapist on your phone, like I don't know, seven cups of tea or like I don't know. Talk.

Space or sh I don't know some companies. You're like you're like I don't know, I'm not one of those therapy losers. But you broken people, you you know what you use. So these companies and they're these companies doing well. They're they make you know uh like a hundred million dollar plus a year, it's great. But it's very expensive. And so if you want to it's just it's a cute little company. You know, they're they're whatever like you need like a they're you know what the crypto bros like you you you you started using the word web three point oh and you're like those those web two point oh dork's like that's when you have to describe like whatever is just like human Uh you know, old school.

Yeah, exactly. Reality reality two point oh. AI replaces DNA. That's what I that's what I believe. And so Th what they were doing was they're connecting you with a real life therapist who's licensed and blah, blah, blah, and blah, blah, blah. And because of that, you know, they maybe take an in-person visit, which might be$150 or$200, and they turn it to a sixty or ninety dollar a month subscription where you get three visits or something like that. I don't know the exact economics, but Something like that, where you're paying

a kind of meaningful amount of money, but you're getting it more conveniently than if you just went to a you were going in person. And you also don't have the, you know, the stigma, the taboo of telling your friends where you're going, I'm going to this. No, they're just on your phone in your pocket. Well There are I don't know. Tens of millions, if not hundreds of millions of people who would benefit from having someone to talk to, either a therapist or just a com a friend, a companion, somebody that they can confide in.

Somebody that won't judge them, somebody that will be positive and helpful. Somebody that will uh maybe offer good advice. Um, somebody that will never share their secrets and somebody that has you don't you know No self interest in the matter. Um

You could now provide that for like I don't know. A dollar. Or something like that, right? Like The cost and the uh the accessibility

Uh of curing, you know, sort of like loneliness or Um helping people talk through what's on their mind and get things off their chest. That's gonna drop dramatically. So AI therapy slash AI companion and friend. I think is

Mm. mega, mega idea. I think that is a Tens of billions of dollars worth idea. Now I think maybe there's it's gonna be a lot of competition. There's there's not clear like the network effects around that. But I do think that that is a a very, very big idea and I think it's very impactful. So that's one startup idea. You wanna react to that and I'll give you the next one. Yeah, that's pretty plain and obvious to me. Like like that that's a pretty obvious, straightforward solution. That's uh obviously challenging to pull off, but like straightforward and we could all predict that. So yes, I agree.

The next one. is a little sexier. This is called AI Spotify. So what's AI Spotify? Okay, so Traditionally.

The music business has been like um Uh what's a situation where people just like run into like a burning building? People just make terrible decisions. It's like a horror movie when you're like, Don't go in there and they're like But I heard a sound. I wanna just go check it out, you know, like It's like uh you're gonna get slaughtered. That's basically what the music business was. Mm.

Yeah, basically you're competing. It's like everybody loves music. So you are competing with a bunch of people who want to like, you know, make it better. It's like someone creating like a to do list app or something. Yeah. The next one. Do you do you like pain? Because you're gonna get pain. Yeah, exactly. Oh, you like music? I guess you like pain too. Because that's what you're gonna get. Music and pain. Um so the second thing, so you know, unlikely you would even ever break out of the like thousands of people trying this.

If you did, guess what? Here's your prize. A lawsuit. You're sued out of existence, whether you're a Napster or like one of the many, many music companies that came in between. Okay, you survived the lawsuit. You're Pandora, your Spotify, you you didn't even get sued out of existence. Congratulations, your shitty economics.'Cause guess what? To deliver music, you have to have the rights of the record labels. They can always they own the pricing power. And uh that's why you know Spotify after you know like Building the best in class product, getting everybody to use it.

After fifteen years or whatever, like does not have impressive economics. It does not does not spit off a bunch of cash the way Google or Facebook or other tech companies are able to. Okay, so why is AI Spotify different? Now Basically you can

Create a really cool music app that doesn't have to pay musicians a dollar. All right, musicians everywhere are getting pissed, but you know, here's here's the good news, you know, uh here's what the service would look like. The same way interior AI was just like You w you want a industrial look look, you want a minimal look, you know give me a starting image and I'll I'll riff off that. What you're gonna be able to do with AI Spotify is you pick like you could basically upload a playlist or you could just like

Um You know, like pick a song that you really like, like Pandora trying to do it. Yeah, it's just gonna be it's just gonna be Pandora Radio, but they don't exist. But these these songs don't exist. So it's just gonna generate a new song. On the fly for you. And like TikTok's algorithm, it's gonna learn. Like when you skip, okay, that was not good. Where did they skip? Why did they skip? What songs get liked? Um if you like this song, will you like this song? That sort of thing.

So it's gonna generate an algorithm the algorithm's gonna generate music on the fly for you. And then you can add crypto to it where I would be able to say if I hear a good song, like by default, all the songs are like They're here today, gone tomorrow. They're like ephemeral. You don't get to hang on to them. But if you like the song, you're like, oh, I wanna keep this song, I wanna you don't just get to keep it and save it. You get to own it. So you'll click Mint.

You'll mint an NFT that now you own that song. Why? Because it was your tastes, it was your directing the agent that created that song. Now you own that. And maybe it could splyalties with all the artists that like inspired that music. Or the algorithm just owns you know, fifty percent and the user owns fifty percent. Did you just come up with that? Or or is someone working on this? Off the dome, baby. Got that big brain. Got that big boy brain. No small boy stuff. Just straight big boy ideas. This is wonderful. I think uh yeah, this is finally you web three nerds are probably Finally coming up with interesting shit. No one believed in us. Ten years and a trillion dollars and we did it! We got an idea that doesn't absolutely make no sense. But seriously. The uh

But but I do think this idea is really great. I think that the I think somebody should make this and it's it's not ready yet. So for example, what happened was With GPT three, somebody you know, open AI basically like Downloaded all the text of the internet. to create this text generation engine. And then with Dali, they did the same thing. They downloaded all the images of the internet to create this image generation engine.

And what these guys from the podcast thing or the speech stuff, they're downloading all of Joe Rogan's back catalog. To generate J Rogan's voice as a as a voice engine. Somebody's about to do that for music. They're about to download all the music. They're about to go download all the music off Spotify. And then they're gonna Train an engine to say

Hey. Create new music. This is what music is. Create new music. And that's what's gonna happen. And they're gonna release an open source model. That will say, would you like to generate music? Here's an API that will just let you generate music using this this engine that we've we've been training. By downloading all the music that exists.

Wow. Brilliant. Finally. Finally Brilliant. Finally is the best backhanded compliment.

Ever dude? You did it! You repeat the back of the covert. But that is brilliant. Finally. We're so stupid. It's like Beavis and Butthead made a few bucks. Yeah, you might have artificial intelligence, but we got that real stupidity over here. This is so stupid. All right, what's the third one? Um I don't know. I lost my list. I I misclicked. But um okay, last thing I want to leave everybody with is Um

There's this guy who's I think the I think he should be the Billy of the Week. That was justn't cool. You know what's cool? A billion Dollar. Imad Mustake, so E M A D is his name.

He's the guy who is behind Stable diffusion. So I don't d do you know what stable diffusion is? No. I know that the tweet that you just referenced was talking all about stable diffusion. So stable diffusion was basically um the a com an open source competitor to Dali. So open AI.

Created Dali, it took over, everybody was excited about it, but You know, you had to like you had to get permission to even use it. We were asking, hey, who can get us permission for GPT three? We want to get access. Who can get us access to Dali? Oh, you have to pay for all these credits. Oh, you don't know X Y Z. So stable diffusion is basically a um

Their tagline's great. AI by the people, for the people. Designing implement designing and implementing solutions using collective intelligence and augmented technology. They're just they're like the foo boo of the AI world. You know what I'm saying? Yeah, anybody who does bias. Bias generally they're full of shit, but this guy, uh I watched one interview with him. And I can confidently say

From the bottom of me heart. After this one interview I watched. This guy's the real deal, Holy Field. So let me tell you about this guy. So He um Gives all he's he's my billy of the week.

Uh he's not a billionaire yet, but this guy's gonna be a billionaire. He basically For sta stable diffusion, he put in six hundred thousand dollars, I think, to fund like the development of it. Uh the company's worth like a billion dollars already. What was the wealthy from? So The guy he's born in Jordan. He's got like a British accent for some reason. He's like a math background quant type guy. You could just tell in like the first two days talking to him, it's like

I bet this guy could say more than five prime numbers. And it's like, yeah, yeah, he definitely can. Um, so he works at a hedge fund. And he's like, I'm the quant guy at this hedge fund. I'm doing trading and it's good. Like I'm It felt good to try to win that game and I was winning that game. Okay, good. So he does that. Then he has this life change, he has his first kid and his son is diagnosed with autism.

So he He decides to take a few years off. I don't know if because it was the autism or just because he had a s had a kid, but he decides, okay, I'm not gonna do the hedge fund thing. I just kind of retired early after winning the hedge fund game. Um, retires and he's like, Okay, um, goes to the doctor and he's like What do I do about this, like, you know, what can we do uh when it comes to autism? He's like, Well, there's no like

There's no solution. And he's like But I'm an engineer, like Y I have a problem. That means there must be a solution. Like And he's like, No, there's no solution. He's like doesn't accept that response. So he starts doing his own research.

And Like, I don't know, curing his son's autism or at least making it a lot lot better. So here's how he did it. He basically was like, All right. There's a lot of like literature out there, like research papers, but if I try to read this one by one It's gonna take me forever. So he creates an engine that just ingests all the papers.

And does a semantic search on it and basically creates like this machine learning thing to to learn what is all the research about. About autism telling us. And um and by the way. I didn't verify any of this. I don't know if any of this is real.

This sounds a little too good to be true. But again. Just judging the book by its cover, I think this guy's legit. I choose to believe. In case like three weeks from now, this guy turns out to like, you know, this guy Pivots to selling his NFT collection and it's like, Oh wait, this guy changed his name and like used to launder money for a living. In case that comes out, let me just say there's a chance.

Probably. Probably he's just a super nerd who's amazing. Okay, let me tell you why I think that's true. Just because he's a brown guy with a British accent, is what you're saying. You say just based off of what he looks like. And the vocabulary is stunning. So he's describing autism, and he's like, you know The way that he's like autism is c is a is a sort of like uh it's a it's a phenotype. It's like a um it's like a a a behavioral description. And it has underlying causes, which is like certain chemist body chemistry things. He's like, Well What causes those and could we rebalance the body chemistry so that the the behavior changes. And what he realized was that

Autism as a whole comes from many different types of these imbalances. And he's like, so he's like their doctors correct that. We can't just like fix it or cure it because there's so it's a multimodal system. There's so many different um like inputs that create this output. He's like, but on an individual level, if you can understand where in one individual the body chemistry is maybe s slightly different.

Perhaps there is a treatment that we could do, or there is a a rebalancing that you could do of the body's biochemistry. And so he starts to create like a um Uh a a process for himself over a couple of years to try to help this. And he said in this interview I was watching, he's like, Yeah, he's Yeah, his my son is doing so much better and like

You know, uh he didn't claim like oh I've cured autism or anything like that. But he's like I learned, you know, deeply like, you know, what was what goes into these kind of like biological Systems and like uh what we can do, you know, how maybe science is gonna get better in the future using AI. So that's kind of where his AI itch got got started. You know, machine learning and AI is gonna be able to help these things.

And so um Then in twenty twenty, he's at a dinner in Davos. Um Yeah, as yeah, as one does. Yeah, as British people with British accents are huge vocabulary. He's uh he's he's he's there, you know, and he's uh people are talking about this virus coming out of China.

And he's like, huh, that's the way they're describing this virus, um This Covet nineteen thing and he looks into it, he's like sounds a little very similar to autism, where it's a uh he calls it a multi- Multi stomach inflammatory disease. And his basically his main thing was like This thing is complicated and he's like It was pretty clear right away that it's not a

developing a vaccine for this was gonna take some time. Like we weren't gonna be able to do this in months. It was probably gonna take You know, you're you're more uh to try to figure this out. And uh and even if we did, it wouldn't work for everybody because again. This is like a multimodal system and like, you know, these like one size fits all solutions are not are not gonna work very well. And so he starts this like thing to try to help

Um use data. To help you know. Policymakers for Covid like do a better job, blah blah blah. Um, anyway, he goes through this process, the bureaucracy of like this whole like, you know, dealing with these world health organizations and UNESCO and World Bank and All the stuff, you know, it it ends up being too bureaucratic and he like, you know, gets fed up with it and it just like sort of the whole initiative co uh collapses.

And then he comes up with what he calls his Promethean mission. Uh the Yeah, Prometheus the the myth that the guy who, you know, sort of like gives fire to humans. And he's like, I want to open source All of the powerful AI and ML tools that exist. So that they're not controlled by large private corporations.

I like that. Um and so that's why the the For us bias, baby. Like open AI is called open AI, but it's a private organization, they're very, you know, close to the vest about what they're working on. And then when they release it, they release it kind of like not to everybody all at once. And all that stuff.

And if you look at the charts, like stable diffusion has like far surpassed open AI. And then the the the the tweet that went viral on this was like You know. Open AI, meaning the actual open sourced AI. is beating open AI. Right. So oh the the people who actually are taking an open approach are

Crushing now the company, the private organization called doesn't have to be a how do they make money then? Um, I think it's the same sort of thing you like, you know, you pay for some credits or usage along the way, like they open source the model. But if you want to run it, blah, blah, blah. I mean, who knows, maybe they're gonna have some like, you know Open source companies have these like weird, weird models where it's like Linux, you know, Red Hat makes a bunch of money through services and things like that that are not like

What you would expect. Um, so you know, he says he starts stable diffusion because his daughter asked him if he could do the same thing he did for, you know, COVID or whatever for art. Oh, by the way, in between He wins this grant. That uh or this like X Prize, like I think um Uh Elon Musk and somebody else put up this fifteen million dollar prize.

For Who can uh what was it? So Um it was like who can basically create a system That um like teaches kids in foreign countries like

I don't know, I forgot what it was like. English or mathematics. uh for less than like, you know, seventy five d dollars of total cost or something like that. And basically They created this thing on an iPad that you could just give to kids and like countries and they would basically like

be able to learn or pass certain tests within seventy five days or something like that. I I I don't know the exact specifics, but he wins this gr he wins this like fifteen million dollar Uh thing again, doing good in the world. And so um so anyways it creates stable diffusion and um Or his company stability AI creates releases stable diffusion. It kinda takes off

Um and he also has you know you know what that thing uh what what's it called, like A fantasia? Where it's like You say a word and it creates an image in your head. Or something like that, or like uh a feel or like emotions have colors or something like that. It's like it's like these senses are linked in your brain in a way that's not normal. Or like numbers have smells, and other shit like that. Uh, he has one of those.

What has it been? Synesthesia. But he has a different one. Yeah, he has another one, I think, called Aphantasia. Um Anyway, so he's like supporting researchers and he's trying to give them money To like open source this thing. And then he's like, Okay, I'm gonna bring together twenty of the best engineers, like Manhattan Project style.

And I'm gonna self fund this thing. And I'm going to like uh, you know, we're gonna create, you know, a project in the space and they create a stable diffusion. And basically, uh, you know, he he self funded six hundred thousand and tw and got these twenty engineers to come in and they created this thing that's like, you know, taken off and now, you know, valued over a billion dollars. Dude, isn't it crazy just how bold some people are?

Just like It just When I talked to Ryan Holiday the other day for the pod, I felt inspired at the end because I was like Yeah. Your type of success

Is awesome and inspiring to me because I I too can work hard. And like achieve what you achieve. And then I hear a story like this guy and I'm like He just like that story just bitch slapped me in the face. You know what I mean? Like I just I am I am nothing and I am nobody.

And this guy is gonna steal my lunch money. That's a this th that idea just bullied me. No, he's not gonna steal your lunch money, he's gonna give you lunch money. And you're gonna be like, Who are why did you give why are you giving me lunch money? And he's just gonna be like Don't even worry about it, son. And you're like, Wow, uh thanks. Dad Yeah, like the this guy. Yeah, I just feel inade I feel inadequate. Yeah. That's actually what the really week section is. It's really the inadequacy of the week. It's like Yeah. It's like Ladies and Gentlemen, are you ready to feel like shit? Because I got a story for you. This guy who's better than you, smarter than you, richer than you.

Did it faster than you, doing the same thing you said you wanted to do, but he actually did it and guess what? He's also ripped anyway That's how I feel about Ahmad. Uh do you is there a world where he's full of shit? Like I said. I didn't know of this guy's existence till like three weeks ago. So yeah, like you know there's a there's definitely a world where everything I just said turns out to be like, you know, not true or this guy turns out to be a you know He's like, Yeah, I taught those kids math, but then you know they work for me now. And it's like, Whoa, whoa, whoa, what's going on here? Like Why are the kids in Kenya working for you, bro? There's like this commercial, uh for a car commercial and it there there's like uh they're on the highway and it's in uh bumper to bumper traffic and this guy pulls off on the side of the road and starts going through this bumpy forests.

And uh the the guy in the passenger seat goes, Dude, this is pretty scary. Have you ever uh taken this shortcut before? And the guy driving goes, Yeah, once. Including this time, that's like uh uh you telling these stories. You're just like, Yeah, yeah, yeah, yeah. I know all about this guy, I just learned about him. An hour ago. Yeah. I'm literally reading it while I'm talking. I'm reading my researchers' notes while we're talking. Uh'cause I watched the interview, but I wasn't taking notes because I was driving at the time. And so all I remember is my feeling, right? What's the Maya Angelou quote? You won't remember the facts of what you're researching, you'll just remember how it made you feel. That's what happened to me. Uh I don't remember any of the words this guy said and I didn't go fact check them, but I remember how it made me feel.

Yeah, famous quote's like people won't remember what you say, they'll remember how you made them feel. Uh it's basically that. I remember how this guy made me feel, and he made me feel the same way I felt when I heard Vitalik talk for the first time about weak at the knees. You know, Vitalik when I heard him talk, Zuckerberg when you hear them talk, like People who are Extremely mission driven. While also being slightly Asbergers and also being extremely impressive in their past accomplishments. Um and they're just very matter of fact about the way they think the world is going, and they're not trying to hype you up. They're not trying to sell you on it.

So you ask them a question, they gave you their answer. And then you're like That answer just broke your frame and so you keep asking them questions and then and they're It's almost like the tone of their voice is sort of like I said what I said. I you know like

Uh y yes, this is what I believe, and this is what I'm doing with my time and yes, like you know Yeah, this is what I think is important. And you're just like you know, you just sort of like you look stupid when you're talking to them because you just come from like, you know, it's like you're speaking a different language. Uh you know, they're speaking a language of like being mission driven and confident and like Knowing their shit. And you're just like, you know, me, you know, just being silly old me trying to understand what the hell they're talking about. This is one of those episodes that we record and I it's like I have to take a nap at the end. I'm so exhausted from excitement.

Do you ever get like that? You're like a you know, like My dog, like if I like feed him too many treats, like in such a way where he like gets pumped up and hyper about it, he's gonna take a nap just from the excitement. That's how I feel. Like I gotta go like rest my eyes. Like I'm gonna go like I'm gonna go buy a dad chair just to take this nap that I need. I need to be reclined at a 34 degree angle. Yeah. At the end of this episode, I'm gonna get up and make a grunting noise. Just because just because of Not from pain. This is uh just so fascinating to me. I think This episode has had a lot of mind blowing things. I'm eager to see what people say. I think that

I feel Just ain't. After I this is almost like a quit and dedicate your life to this topic type of thing. You're like almost. Ha ha

Ha. Not actually good. Yeah, it's like it's like it's like when someone who has worked at your company forever and it's their last day and y you just you gotta go say goodbye and hug'em, but they're like All the way across the room. You know what I mean? Like Ha ha

They're like worked for you for like ten years and you know their wife's name and their kids named and you're so excited to Give'em a hug and tell'em how much they mean to you, but The couch is really comfortable. They're just all the way across. They're all the way across the it's gonna be at least fifty steps. AI is all the way across the room. That's so good. Alright, we're ending it on that. We're out of here.

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