AI & Bitcoin - How Our World Will Change This Decade w/ Salim Ismail | EP #101

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One forgets mom 60th and never miss a meme or milestone. All protected with end to end encryption. It's time for WhatsApp message privately with everyone. Learn more at WhatsApp.com welcome to Moonshots and our episode called WTF just happened in Tech this week with myself and Saleem Ismail. We're going to be talking about the fact that Florida banned lab grown meats and why it should not. We're going to be speaking about AlphaFold 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's 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 enjoy it 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 the next period of time.

You can spend A couple hours and get so much personalized education, it's insane.

We're going to see just the biggest explosion of AIs 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 with myself and Salim Ismail. I'm Peter Diamandis. Salim, 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, what happened in tech, like, on a daily basis, then an hourly basis, and then just stay on all the time.

The links that we're kind of sending each other is growing very fast every day.

It's crazy. All right, let's start with this one. This one is yours. You brought this up at the xprize board meeting. You know, 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.

No.

So what's. What's the story here? What's the story here?

The. The story here is that Desantis kowtowing to the lobbyists of the meat world. You know, he talks about freedom, and yet he's curtailing freedoms. And this is the. The beef I have with him, pun intended there.

And sounds fishy to me.

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 taste test, etcetera, in Miami and stick it to these idiots.

Yeah. You know, we're running right now a large X prize that's funded in part by Tony Robbins and in part who lives in Florida, in part by the Abu Dhabi government. It's really to develop lab grown meat. It's also called stem cell grown meat, better yet called cultured meat. And this is 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 fillet, wagyu beef. And imagine if the meat were cheaper, taste better and healthier for you. So the tuna you get has zero mercury in it. I mean, my arsenic levels I just tested are high. And I'm being told it's because of the chicken I eat. It's like, really, I'm eating arsenic when I have, you know, chicken breast? That's insane.

Yes. 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.

Dare I say that? He's chicken. Never mind bad ones. All right, let's go.

This, my favorite joke about all this is when I get asked about the oldest, I go, you know, the McDonald's Big Mac has been 3D printed for decades.

Yeah, feels that way. Let's talk about speed. So this popped up in the news this week. Japan developed 6G, and 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, 2, 3, 4 generation. 4G was 100 times faster than 3G, 5G, 100 times faster than 4G. And now 6G is. They're saying 20 times faster than 5G. I feel a little bit cheated by that. But still, 20 times is pretty good. And all of a sudden you have literally all the information you could possibly want sucked down G gigabits per second into your phone.

Yeah, I felt cheated by 5G because they labeled it 5G, but it was never really 5G.

What was it?

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, because it is changing the world and there's a lot happening. 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. 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. It's funded by Yuri Milner and Mark from X Facebook, shall we call it Mark for Meta and Sergey and a few others. And they give out awards not like the X Prize for prospective, something that needs to be achieved, but for breakthroughs that occurred in the past. And Demis and John Jumper got a award for Alphafold. AlphaHalf 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's molecules. So imagine this, not just like how a protein folds, but how that protein interacts with a 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. Do you feel how big this is?

I think this is huge because this allows us to fully simulate like an organ in software. Right. And that's amazing. For testing, plus illness tracking, diagnoses, therapies, etc. For 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 Salim Ismail liver cell or skin cell or brain cell, which would be very, very interesting, I would say.

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, and then 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 people just to understand, you know, when SpaceX launched the Dragon capsule to the space station for the very first time, it worked perfectly. 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 how, what percentage of drugs that you are prescribed actually work for you? Like, so the FDA approves drugs that work, you know, typically for like 20 or 30% of the people they're given to. It's a minority of the cases that it's going to work for you. 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 this, that when drugs get taken off the market, it's because, oh, it didn't work in half 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 DeepMind. AlphaFold 3. Very soon. Alpha Cell 1 or something like that. Yeah.

So in practical terms, tell me if I'm getting this right. If you're a pharma company and you're trying to test a drug, you can now run it against these simulations and have a really high reliability and cut out a lot of crap before you get to human trial. Making the human trials more of a. An obvious thing and 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 has ever 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 and like in, in like back, you know, in yeast and worms, in 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 genetics. Very cool, right?

Very cool.

Huge. Huge.

So now this Daniel Kraft talks about the personalization of medicine. Medicine. And now we can get it right there.

You know, one of the big things that I've enjoyed watching in On X has been the demos of Sora. Let's play this demo. I'm curious what you think. Check this out. 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, Madeleine, you know, Monroe or you know, Gregory Peck. What do you think of this?

You know, I'm kind of like eh.

Really?

I think it's a great incremental achievement. But there's nothing breakthrough. The ability to swap out things is 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 a month ago.

I know. Yeah, yeah. Have we talked about the WI fi on a plane clip? Yes, Lewis CK does.

Yeah.

You know, it's like that. Yeah, right. We normalize. And this is, I think, a broader commentary on AGI. That's really important. We pass a Turing test. Normalize it. We'll pass AGI at some point and normalize it within minutes.

Yeah, I think Sam Altman said that. Very nicely said. People were like, oh my God, GP chat. GPT is crazy. And then it's like. And then a month later, like, man, it's slow. You know, it's like you've like.

That's right.

So let's see what we got next on our what's going on in the world scenario here. Interesting talk about this one, pal.

So have you seen this trailer?

I have not.

It's terrible. It's really cringeworthy. They've got a ways to go before they cross. You know, what we would call the uncanny valley. And the lines are kind of stilted, whatever. However, it's important to note that this will double every month or two in its capability and its fidelity and the joke telling. So this could get interesting over next period of time. 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 of a script, acting, character development, etc. All in one, which is really kind of a pretty big deal.

You know what I find interesting is the means by a film is created today is someone who writes a film, a 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 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 for my tastes. Huh.

Well, you don't have to watch my film. I'll watch my film.

Yeah, because every lead actor would be a bald, middle aged Indian guy. Who needs that?

Anyway, whatever is, you know, I was just. I was Just looking 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 a huge amount. Right. With Netflix quickly on its heels. And it was just the infinity of content producers. And I don't know about your son, I don't know about Milan, but Jet and Dax, all they watch is YouTube.

He lives on it. I think I've got to give a huge shout out here to Google, because most of the time when you bring in a startup or acquire a company or acquire product, you kill it and 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 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.

Oh, my God.

Any instruction used in that little widget there, like, it's the world's training platform for any obscure device or gadget or widget of any kind. It's incredible.

By the way, if you're watching this on YouTube and you like Conversation Slim and I have hit the subscribe button. I never say that. I'm saying it now, okay. Because I do love YouTube. 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?

Do you know why they bought YouTube?

No.

They bought YouTube because YouTube was growing, you know, an order of 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 could then start to layer on top 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 archetypal for almost any Netflix versus Blockbuster. Roughly the same reason we had this huge issue at the same that I had at Yahoo. With all of this, the lawyers would just not let anything disruptive happen. Can I tell a quick story about this?

Of course.

Somebody at Yahoo came up with an idea when I was running Brickhouse, which was, you have this home ad unit in the Yahoo homepage. And they said, what if we allow Peter to send Salim an ad unit, buy the ad unit for Salim for his birthday, and when I open up Yahoo, the ad unit pops up with a message for me saying, salim, happy birthday. Right. We tested it and it was like engagement with the Yahoo homepage went up 50 times.

I imagine that. Sure. Great idea.

Right? And the lawyers were like, absolutely no way. Because what if somebody put something dodgy or whatever in there, et cetera, et cetera. And we're seeing. 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, can't do it. And just literally killed a product that would have delivered 50x better engagement lawyers.

Okay, I can go there. All right, let's go on to our next story here, which is AI generated romcom trailer. This is. Is this the trailer you were talking about?

This is the trailer I have to watch.

You should play it. I'm gonna play it.

Yeah. This is like really wild. So, Claire, what's your stop? The City of Lights.

I'm hoping it's a new start. I don't think we have to break for longer. Maybe you're the dark, mysterious kind of man who never shows his vulnerability. Got a feeling that the wait is over. Maybe you're the kind of woman who's never sure of what you want. 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 will move fast, but I'll take it. I'll go to the. Again the comment I made earlier. I don't think it'll be that much fun. It's like watching two chess robots play chess.

You kind of go, eh, interesting. I do agree with the two chess robots playing be Bo versus a human or the world champion or someone. You know, even playing against other contextualizes.

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 could actually save your life or the life of someone that you love. The 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 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 in 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 gigabytes of data that then go to our eyes and our physicians to find any disease at 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 fountainlife.com Peter When Tony and I wrote our New York Times bestseller LifeForce, we had 30,000 people who reached out to us for Fountain Life memberships. If you go to fountainlife.com Peter will put you to the top of the list. Really, it's something that is, 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.com Peter it's one of the most important things I 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 generative 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. 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 earnings report. And first of all, it's amazing that Microsoft is the most valuable company on the planet, a multi trillion dollar company 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 it's Amazon and it's Apple and now here comes, yeah, here comes X AI, right, Elon's X offering and we've got Nvidia 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 Internet companies and then cloud companies. And now they're all AI companies.

Not, I don't think it's as if like that they're AI companies, just they've added AI to the cloud business and to the software business.

I think, 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 AI Ready where we help companies get ready for AI.

This is in terms of, this is.

Open exo because all of the CEOs in our community are like what the hell do I do? Because either you're diving into the water without knowing where the rocks are 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 created a workshop where we can very quickly, in a few days get you assessed and leave you a roadmap of use cases.

How do folks find out about that? Where do they go?

If you go to openexo.com it'll be right there and we're doing it at a really low cost just because that 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 will ripple effect across Every week they pick a topic like automotive and then figure out what's happening there, et cetera. So there's this amazing resource and we're matching it to CEOs and companies and organizations around the world to 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 and the, and the user ease of use. But implementing AI agents into your organization is still pretty damn hard.

You know, when people ask me like, what do I do? How do I get started? You know, I tell them, open your Gemini website, open and ask your chat GPT, you know, GPT4 and ask, just type in, I'm a 42 year old entrepreneur in the healthcare 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, explain it like I'm five, right? E L I five 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 ChatGPT or Gemini, always use a Persona. Say I'm a sales manager and I'm trying to do this.

Yep.

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.

We forgot to add the slide, but Reid Hoffman did 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 I did it six.

I did it six months ago, a year ago. It's on. We actually loaded up on moonshots and it was amazing. I mean, such. I was jealous of my AI. It was so well spoken.

Well, because it's got all of your everything you ever said at hand, right?

Yeah.

Whereas I can't remember what I said last year.

It's incredible. And I think that you and I have had these conversations. Larry Kurzweil. We talk about Peter. 3 of 10 is going to be hanging out with Salim 2 of 4 or 2 of 27 of 9. Yes, there we go. Back to Star Trek references which I love. All right, here's the next one. AI used to discover 27,000 asteroids. Amazing. I think these are all good for mining or keeping the Earth from being decimated 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.

We're going to see just the biggest explosion of AIs, finding these niche things that we've overlooked and finding unbelievable stuff.

This is.

This one was amazing.

Yes. From a friend, Dr. Eric Topol, who tweeted out the first randomized trial of medical AI to show it saves lives. ECG, AI alert, and 16,000 hospital patients. 31% reduction of mortality. That means people dying. Absolute 7 per 100 patients in pre specified high risk groups. So, yeah, listen, AI is much better than us humans at seeing patterns, at catching the minutia. Always on, always paying attention.

Yeah. My favorite example of AI is. Do you know the story of Shai Danziger and the Pearl hearings?

No, tell me.

So they did a study of a thousand parole hearings, and they ran it through parole earrings. Parole hearings.

Parole hearings, yeah.

Should you let a prisoner out from jail or not? Right. And it turned out because they were trying to figure out patterns in the data, it turned out if your client, 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.

And that's in people trained to be impartial. So, like, what hope is there for the rest of us? You could never have spotted that without an AI type of a pattern. And now we can see these little perturbations and mitigate for all of the cognitive biases that we have around ourselves.

Amazing. All right. Meta Ray Ban Smart glasses can now describe its surroundings. With meta. AI, you own a pair of these, don't you?

I'm wearing them now. In fact. 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, hey, Meta, look at this plant and tell me what it is. And it 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. This is the first step of XR or ar, you know, we know VR, we all have our large VR helmets. I have to say I bought a Vision Pro 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, watched 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 it with surgeries, things like that, or specific training. Boeing could use it to make its planes a little. Tighten all the bolts on its planes, for God's sakes, and make sure some mechanic is actually setting it up properly. But I 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 Ray Bans 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, I was, I just did a podcast with, with a friend on VR and ar. Alvin Grayland, do you know him? Alvin was the, I know the name. Alvin was the head at HTC and he wrote an amazing book. 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 we're getting to a point where we'll have 50 gram head eyewear that's both augmented and virtual reality. So it's not just the forward looking cameras, it's can we display into our eyes our retinas as well. And then the world changes and I can't wait.

And, and, and we're very close because we predicted this a while ago. 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.

Yeah. That's like, that's huge.

Anyway, it's coming. It's going to transform advertising, transform education, transform healthcare, everything.

I'll throw out the punchline about AR VR that I've heard from David Roberts is that virtual reality disrupts reality because you can do alter. Like a virtual roller coaster can do way more interesting things than a road 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 Victoria Xi. I have been created by the Ministry of Foreign affairs of Ukraine using artificial intelligence to provide you with timely and high quality 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 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 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 perfect for that task and as you say, can appear in anything. So any reporter can say, hey, what's the White House stance on this? And the spokesperson could say that, I think, is really, really massive.

Yeah. 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 videos.

Yeah, I heard. I heard the news story that we have Trump and Biden running for president again. That one seemed like a little bit like, you know, misinformation, but, yeah, I guess. There you go.

What fractal universe did we separate out into this one.

Listen, man, you used to be a Canadian. You could have stayed there.

Oh, well, well, I've said this before. I'm like, golem with the precious. With my Canadian passport. Hold on to that thing. My precious. Every night.

All right.

It reminds me of the. Yeah, it reminds me of the. That. The Groundhog Day.

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 reliving that day? Best lines in the movie.

But listen, Matt, we are alive during the 99th level of the gameplay. 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 and purposes, or 100,000 years ago as early hominids. We are Alive during the most extraordinary time. Coincidence? I think not. But so happy to be here, right here, right now.

It is awesome. It is awesome. You've done a great job in the abundance thing of going back 100 years describing what life was like. You had a tough life. You lost half your kids to infant mortality. Then you got a tooth infection and you died. That's what life. For the most of human history, life.

Was short and brutish and dead.

Oh, my God. That's right.

All right, here's Sam Altman on the dangers of AI in the elections. Let's hear Sam. He doesn't look too happy right now. Let's, let's hear it today. There may be new threats there. There may be unknown unknowns that we don't realize until too late. 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 more powerful. And again, an AI can talk to a lot of people at once. 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 vigilance in the industry. You know, he said something there about persuasion and Mogadot and Imad Mustaq said something very 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 one on 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 at the behest of the algorithm. Right. That's why I'd much rather hear a journalist tell the news. And at least I know what their bias is and I can get a sense of it from them. And 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 brain is running an algorithm in the back of every time I hear or read something, especially see a video, I'm asking, is that real? I saw Elon tweet something out and he said under the image, he says, this is a real image. Right. And that's interesting where we're going to have to start to like say that explicitly. You know, we're going from seeing as believing to disrupt, distrusting everything.

We we absolutely, really, really badly need that AI for truth X Prize. 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 Altman said was super important last few days, which was that 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. I thought that was a really powerful.

Way of framing that'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 our neural net and so being able to filter that. We talked about echo chambers in Facebook. I think there is a danger, but there's also somewhat of an important ability to control that. This week was Milken Global. I was there. It was incredibly, incredibly crowded. I mean, I have no idea. It's like I've known Mike Milken, I consider him a friend. He spoke this year for me. We did a fireside for a few hours at the Abundance Summit. And Milken Global is just insane. It's just huge. And I think the highlight for the event was Elon on stage. I spoke the next morning 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 might.

Be the most important question of all. The percentage of 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 not what I mean.

We just, I guess don't want AI that is brittle. So that's an important thing for people to realize is that, you know, when you think about intelligence in terms of human level intelligence and intellect, it's always been represented by the number 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 in compute and biological human intelligence ultimately becoming a de minimis percentage of the the intelligence in our known universe.

So I have lots of issues with this, mostly related to my, the old trope I have of. How do you define intelligence? Right. We've talked about that before. So I Won't go into it here, 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 in procreate.

Yes.

And now we can free other forms of intelligence from those two things. Like Page Rank is evolving a completely orthogonal and complementary intelligence to humanity. So I think of the intelligence we're growing in machine learning and in AI as orthogonal to human intelligence and not replicate of it. And if you can bring it into higher realms and have it vibrated higher energy levels like the Hawkins scale, then you give it really powerful outcomes like Maslow's hierarchy work and self actualize. And so there's some really wonderful 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 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 ChatGPT, 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. Yeah, I mean, that's. That's extraordinary.

You know, way back in the 50s, Marvin Minsky, who's one of Ray Kurzweil's mentors, and I think you've met Marvin.

I did, back when I was at mit.

At mit. I met him once very briefly, but 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 come into being. And I also take the positive view that a very evolved AI is thousand times less likely to do harm to us than not.

I just recorded a podcast this past few days with Guillaume Verdun, the founder of the accelerationist movement Beth Jesus. Yes. And he was making the important point that we need massive diversity in our AI. And one of the things that Elon just hit at the very end of that comment was making sure it's not brittle. And one of the things that Biology does is it creates massive diversity so that if there's ever a massive impact on the planet or on 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 some way. I think he's saying, in the AI space, too.

I just had a little fork that gets me some super excited. Peter, what's that? Which is, you know, given. If you take alpha fold, 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 dying out. Go freaking repopulate a bunch of. That might be a 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 discovered the Duck Bill platypus? They literally thought it was fake.

But, you know, it's interesting, 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. You know, you want something that's a carpet cleaner, you're going to design a biological robot that eats lint and pees stain remover. Right. And that will be. And I often thought, you know, listen, I don't want to get into the. Into the black hole pit of UFOs, but I've often thought that, you know, these aliens that different societies speak about consistently, the grays, whatever. And I know nothing about the. This stuff in my mind, I think they're probably biological robots that were sent here to explore. I mean, you're not gone.

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 wetware. Every emotion in our brain is just a subroutine.

Yeah. And we are. We're micro machines. Were molecular machines. Right. And when Eric.

That's right.

When Eric Drexler wrote Engines of Creation, you know, he talked about nanotechnology is 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 convert sunlight into sugar is a really, really inefficient process. It's like you could make it 20x better is an article I read somewhere. So if you could make it 10x better, oh my God, it would 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 ahead. All right, let's check out Elon's opinion. So this is the basis upon which he is building his AI company Xai. Let's listen up to Elon here.

I think an AI would be, 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 Abundance Summit is if you, you know, if you're trying to like, how do you optimize an AI, what are, what are its, you know, its focused 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. And what he said is do not force your AIs to lie. Which is what Gemini did in its sort of like woke Gemini version in the early days. I mean I think about this a lot. What's your optimization function in your AI? What are you trying to do? I think these are pretty good. What do you think?

I think these are very good. I have a bias about human civilization 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 because we're still deeply wired to operate as tribal beings, us versus them, et cetera, et cetera. So we have to use AI to mitigate against those deep seated biological biases.

And 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, a familiarity bias. You give, you know, weight to someone cost bias.

We have all of these, all of.

These and you will be able to Turn on your version of Jarvis, my favorite AI, and say, listen, I want you to make me aware when I'm being biased and I want you to give me the countervailing information. I think that's going to be an.

Incredible, or at least identify the biases that I'm coming with for looking at some piece of content or understanding something or making a judgment call. This is where I think AI's in the boardroom will be really, really useful because an AI will be able to go, I'm sorry, they're operating out of total profit seeking values even, even if.

It'S not, you know, politically acceptable because that political acceptability just could destroy us. So here's another. Google announces med AI models for healthcare. 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 speak with Karen DeSalvo, who's the head of Google Health Amazing MD and yeah, Google is 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 very viable medical help and medical care, diagnostics, etc. Across the board at near zero cost. This is what Imad was trying to get to when he was as what he talked about it at the Abundance Summit and others. I think that is going to be an uplifter for humanity 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 biodefense weapons, the ability to accurately detect viruses and microbes by reading their rna? Well, a company called viome exclusively licensed the technology from Los Alamos Labs to build a platform that can measure your microbiome and the RNA in your blood. Now Biome 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 supplements and probiotics, your biological age and other deep health insights. And the results of the recommendations are nothing short of stellar. As reported in the American journal Journal of Lifestyle medicine. After just six months of following Biome's 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 three 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 viome.com Peter I've asked Naveen Jain, a friend of mine who's the founder and CEO of viome, to give my listeners a special discount. You'll find it@viome.com Peter we are having a lot of AI news. What comes along with it now is robotic news. This is fun. So we're going to start to see Tesla's Optimus being used in the factory. I think, 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, the other one's Robo Taxis. We'll talk that in a 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. 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 ion battery cells to make sure.

Yeah. 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 Baxter robot.

I remember Baxter.

Yeah, 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 robot explicitly and you had to say, pick up a widget, turn 90 degrees, move over here, turn back, put it down, rotate it to fit it into the slot. And you had to list out and program it in that way, which took forever. But with Baxter and all of these humanoid robots, you can literally show it what to do. And it literally learns off the movements you showed and then replicates it and optimizes from there so you don't have to program a robot anymore, which is a huge breakthrough and allows you to now expand in 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 movement structures, etc, to drop. Because the original Baxter robot, the arms cost $10,000 each. And now that's dropping 50% a year. And now it's down to, I think it's about a thousand dollars 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. I found this absolutely fascinating. So. And the title reads, here Nvidia announces Dr. Eureka Robot Training LLM. So I mentioned earlier that being able to simulate something is why they really work in real life. And so Nvidia announced in large language model agent that automates writing code to train robot skills. So here we got. We have a robot dog that's going to be trained to balance on a yoga ball purely in simulation. And then they actually it transfers and what's called a zero shot to the real world, which means 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.

Can I give you my other favorite story around this?

Yeah, please.

Do you know the story of Ross Chastain, the NASCAR driver?

No.

Okay, so about 18 months ago, and I'll. We can find the clip and stick it in, by the way, 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 had one shot at this 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 from hugging the. Use the wall to keep himself on the track and scrape the wall. At one point, he was going 70 miles an hour faster than the other cars and whooshed around the wall, catapulted himself and came into fourth place and qualified.

Wow. He changed the game.

Blew everybody's mind. He changed the game. It had never been done in the history of racing. And what was incredible about it, he practiced this on a 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 it was too dangerous.

I thought you're going to tell me they put little wheels on the side of his car.

Well, if one little stud was Sticking out of that wall, you'd have been toast. Yeah, right, but. But he did it and it actually worked. And it's just such an incredible example of applying technology 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 lots of years, it's coming true. Alex Gu is the founder and CEO of Fourier Intelligence.

Hi there.

Last year he launched the GR1, his first generation humanoid.

We can do so. A couple of comments. One, I still think Optimus is the best looking robot. And two, amazing, right? China needs this to maintain its economy in a big way.

Yes. 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. 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. Why is it grudgingly?

Why use case?

Why are you not?

Well, just because I'm like, I don't understand. My big beef is why are they humanoid? It's such. The human being is such.

Because our world, our world is designed around humanoid. I mean, it's like this thing is the size that my hand can grip. We have to redesign the rest of our world. Do you remember what was that little device that predated the PalmPilot? Remember the PalmPilot?

Of course.

Okay, so the PalmPilot was interesting. They were trying to get the software to adapt 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 like this way and this way. And so 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 mow a lawn, I don't want a humanoid robot. I want a robot lawnmower 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 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. That's it.

Okay, so 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.

No. It picks up the vacuum I currently own and vacuums the room.

Oh my God. Okay, yeah, there you go.

You disagree?

I think that gets too hard to do for many, many, many use cases. But I'll give you my counterpoint. I think what will happen is, let's say I want that human robot to go mow the lawn. It'll put out its connector thing which has a spinning blade and it'll go around mowing the lawn. 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 Abundance Summit. 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.

So nuclear power plants, a few iterations. Micro nuclear micro nukes, beam beam power.

But, but I do take your point. I think it's going to be super exciting. And I'm coming, I'm tilting more and more towards Europe.

It's better. The prediction is a billion robots in like a decade's time. Right. Vinod Khosla is like we're going to exceed Elon's like 10 billion robots. Well, I mean that's what he would say. Do you many cars there are on the planet. I was shocked by this. There's like just under a billion cars. I would have thought there were more. And so the prediction is more humanoid robots than cars by, by orders of magnitude.

Okay, okay, I'll give you my counterpoint.

Yeah.

I remember Avi Reckonthal used to say you'll have multiple 3D printers in, in your house, one in each room.

He never said that. I remember that.

He did. And, but there was certainly a meme in the industry saying every room will have a 3D printed robot, a 3D printer. And we didn't kind of see that. So instead of millions of robots, why can't we have one humanoid robot that does lots of Things and you share it within your neighborhood. And that one thing doesn't work.

I think it's going to be, I think, listen, Elon's prediction, and God knows he is the most precise on all predictions known in the universe. Right. But let's just say, and I'm an investor in figure, I'm going to go and visit Brad Atcock at figure in a couple weeks.

Okay.

And the number 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.

That's right.

You know, that's pretty affordable for something that can do all of your tasks all the time, 24, 7 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 kind of huge flags that go off in my head and then, okay, we can move on.

Okay.

Okay, go for it. Which is the liability insurance for that robot is going to be ridiculous because what happens if it scratches my rare desk and, and accidentally.

What happens if your kids, what happens if your kid scare, scratches the desk or if you're, if you're, or someone but that, or someone or your person cleaning your house scratches your desk?

Yeah, but I think a robot is more likely. Well, let's see, this is where, let's let it go. But 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, is Tesla Robo Taxi, pretty cool looking vehicle. So this Elon's announced, on August 8th, he's announcing the Tesla Robo taxi. 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. Massive market. Have you, have you driven, have you driven in one of the, any, any of the Waymos or anything yet?

Yes, I've been in an autonomous taxi in Phoenix and they're clunky and little slow, but they work perfectly well, especially in a very predictable grid format. For this particular announcement, I'm usually a little suspicious of some of Elon's announcements because of 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, agreed.

I mean, for God's sakes, can I put my kid in a taxi, in a robo taxi and let it drive him to school?

Yeah.

I mean, it's ridiculous.

I, I find this as. The question is, how fast is this transition going to occur? Right. If you look back 120 years ago at the transition from cars, from horses to cars, it took like 10 years and then it was like, it was very fast done. Yeah, yeah. So we're going to see Waymo has been really slow. Incoming. Right. I mean, yeah. And, and what's interesting is that robot Tesla vehicles are, at least, unless he's changed his name of his game, are all camera based. There is no lidar. Right. There's no ultrasound, it's all imaging base. So I know I use, I use autopilot all the time on my car and.

Yeah, you have fsd.

I have full self driving. Yeah. And I use it 90% of the time. It's only tried to kill me like once, maybe twice, 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, yeah. But, but it will take me. The only problem is when I'm using full self driving, 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 hand's on the wheel but it's not tight enough and not a resistance and then it starts blinking red and says full self driving is off. You've been a bad boy, you've had your hands off the wheel. So I can't wait for it to actually be there all the time so I can like make use of that.

Time, I think, I think. So the next step, the robotaxis, 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? 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 5050 with Elon or whatever it is.

Yep. All right, let's go 80, 20, hopefully.

Let's close out on Bitcoin news Exciting couple of weeks here and 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 about this. This is one where Microstrategy Michael Saylor announced a decentralized ID protocol using ordinals. Ordinals are like NFTs for the Bitcoin world, non fungible tokens. And this is pretty exciting. I think it'll come down to whether it's truly self sovereign. I haven't looked into the orange protocol closely enough to see if it's actually self sovereign id, but I think it's a really great play. I think he's got a great shot at doing it and 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 crypto in general.

Okay, let's go here. So, you know, I think the big news has been the halving. It happened, it happened. And I'm like, okay, time to go, let's get that price going.

And there are all these memes of people expecting rocket ship and ending up with a milk dripping off out of a fallen over milk bottle.

So what happened?

This was expected. It was, yeah. When you look at the price charts and you do technical analysis, when you have a huge run up like that, it's going to consolidate for a little while. The only thing is how long will it consolidate for before it goes to the next level. 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 Booth, who I think of as the chief economist of the, of the crypto world. And I asked him what he thought, the what the percentage likelihood we'd hit $1 million of Bitcoin and what he thought the ultimate value would be. And he said, I've said in the past I'm 99% sure, but I'm now 100% sure it hits $1 million a Bitcoin.

When.

When is the difficult problem question. Because when is this last heat he.

Does the heat 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 put pin hard to pin him down, but he made a More dramatic comment than I've heard before, which is the world has about 900 trillion in assets globally, and his view is that bitcoin will become that 900 trillion divided by 21 million in that division. It's 42 million a Bitcoin. He is now of the opinion that 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. Listen, 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? Yeah.

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 U.S. annual pay, annual bill. 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.

Yes. I don't want to use. 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. Yeah, 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 Gronk was like, me know that. Not real money. Like.

So. So this went viral. Yeah, completely viral. As kind of 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 this speaks to the FTX collapse. Now, I want to talk about this for a minute. So when you have digital currencies and cryptocurrencies, etcetera, there's three points on a triangle. You want to hit decentralization, security, and scalability. Okay. And it 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'd 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, Solana, Cardano, da da da da da. All trying to solve for scalability and different use cases as they saw it, consumer grade microtransactions, etc. But in doing trying to achieve scalability, they compromised on decentralization or they compromised on security. Hence the FTX collapsed because it wasn't decentralized and hence Luna, etc. Etc. So FTX looked really good for a while, but because the underlying architecture was flawed, Tom Brady lost a lot of money on it. It's not a commentary on crypto in general, it's the fact that the scalable altcoins were flawed in decentralization or flawed in security. In the last couple of years they've developed the Lightning network on Bitcoin which actually makes bitcoin scale. 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. Lightning is one of them that looks pretty robust. And now we can make bitcoin truly scalable and 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 Solana or to anything else right now?

Yeah, I'm in the. I used to be about 50, 50, I'm now in the 85 to 90% Bitcoin.

Yeah, I'm the same and I've gone deep in ordinals. Ordinals, there's like a baseball team.

That'S the Cardinals, the Orioles. NFTs, ordinals are 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 you reward the exo heroes? So we, we actually have just announced and I've minted a collection called Exo Heroes, which are a collection of ordinals. And we'll go across multiple chains of this, but for people that are building the new web, three realities that will replace the old world. And so that collection is going live over the next few weeks and we'll be allowing people to mint Exo heroes for free. If they have recruits and other things, they can go to exoheroes.com and check it out or track us at Exo Heroes. NFT on Twitter, I think.

And Then the general.

We finally jumped into that modality.

Great. How big is the EXO community again? Salim?

We're now 37,000 people in 150 countries.

Amazing. And how does someone we offer tools.

And transformation toolkits and how to build an exo? We do master classes, training, networking, etc. Etc.

Awesome. Awesome. So check it out@openexo.com and Celine, what's your handle on on X?

My Twitter handle is silly Ms. Mal, which has been a bit of a nightmare recently because the podcast I did with Tom Billyu 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 and weird things happen when Elon retweets your face.

Yes. Did you get marriage proposals or what happened?

No, like just some really like who the hell are you, pal? It was very surreal. But it's a really important point. We made that point. I'm going to make it again. We see no mechanism by which you can regulate AI like at all. You'd have to go down and regulate it at every line of code being written, which is obviously none.

Or, or invent a time machine one or the other. Whichever is easier.

No, I think so. We've partnered with the Casper blockchain which is doing a really amazing job there. What they're doing is they're creating a blockchain based audit function where you can run your AI through an audit analysis and it'll analyze the, the, 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.

Well, amazing everybody. Thank you for listening to this episode of Moonshots. WTF just happened in tech this week. Please subscribe if you like this, share it with your friends. Sleem and I will be doing this on a regular basis at least every two weeks to hopefully make it fun and give you some context of what's going on in the technology world. If you're Interested in my Abundance360 summit, you can go to abundance360.com if you're interested in EXO Saleem's organization go to openexo.com Salim I love you buddy. Be well and talk to you soon.

Let's appear next time with humanoid robots next to us helping us.

I think we should 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. Alright, bye.

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