Smartest Way To Use AI: Powerful Words, Tools & Next Revolution | Sowmay Jain | FO439 Raj Shamani

0:00So if someone makes money from AI, where are there opportunities? So, messaging app, a billions of user base is a very good opportunity. Because WhatsApp or Telegram are now very human-oriented with less AI. Tell me things that are incredibly fascinating around the world. There is one startup, they charge people after they die. What they say, okay you died out of cancer, right? We will put you in a refrigerator. 100 years ago, there was an innovation where that disease can be solved. We will fix it in that time, we will make you alive. What is AI in which disruption is happening? There is a big market in robotics in China and even other places.

0:39I think where it's heading is a bit of a dangerous territory in terms of extinction event of humans. Very high possibility. Do you feel AI gets biased by one time? There's always a bias in AI because it's trained on some data. And every data will have some kind of biases. You can't have a clean AI. What does a good prompt look like? So it depends how better you are conveying it in your words.

1:06One thing that works best, when you really ask AI to think hard, it does think hard. Like go in depth, think hard, use these words. So if we use these words, it actually gives you better answers. Yeah, it gives better answers.

1:21I am a business owner. I am going to buy some people of 50 ,000. and I will send a reminder to my phone that if the money is coming or not, check it out. You can use AI and go to Bindi AI. Yes, you can do it. Hey, so can you issue an invoice to Raj Shammani for receiving 50 ,000 rupees and schedule every 9 pm if you haven't replied to the email? You have a PDF and this is my invoice. So I can directly make an invoice and send it. On the fly, I'm just talking to you and I can on the fly dump the invoice. You're talking about Elon. You love him? Yep. Why does Elon win? His goals are very not normal.

1:59Going to Mars, such a big goal. If you're aiming for stars, you end up being on the moon. So I think that's a very big trait of him. In your journey of building products and actually attracting so many users, what makes people stick to products?

2:24evolution ko shape kar raha hai wo batathe hai crypto ab sirf eq investment nahi balki future economy ka foundation ban chuka hai according to him wo maanthe hai ki bitcoin aglye 5 saloh mein aur zahada badeega aur kyun badeega iske baare mein bat ki hai haam jahaneng ke kiishe AI ab sirf assist nahi karega balki kama execute karega jayse bindi AI joh sirf mail draft nahi kareta balki lickkar bhej bhi deta hai This is the future of AI workflows, where a system can make travel plans, automate the work and, according to your preferences, a date can also be fixed every week. If you are curious to see how AI can actually do things for you, check out the link in the description.

3:14if somebody's watching this today okay and it doesn't get to know the whole world AI technology but AI has become a buzzword and now it's no it's reality also so if someone can make money through AI where can they make money? so all the software we are using today is going to go like abhi sab very manual built for humans the interfaces so har tara ke apps even messaging app i think messaging app is a very big opportunity because whatsapp or telegram are very human oriented with less ai so something we are also adding into bindi backroom so messaging app a billions of user base is a very good opportunity productivity apps you don't have to work i don't know why after any people will work people see it like he sabki job chali jayegi but i see it more positively you really don't have to work you can just have fun because productivity app kya bana so apka email or my email or apka koi persona mere persona sa sab bat kar rahe mujhe involve bhi honi ki zorot nahi hai the only thing we need to involve like we are connecting right now right that's only thing as a human we need to do just all of the things is already handled under the hood by some ai systems give me an example like what give me use cases three-four use cases that productivity app can be made and if that app is made today and download that person can make a lot of money one of the biggest problem right now is context like you go to CHJDP so you have to give them a new context that this is but as a human we don't give any other person we don't try to understand if I am about to have a loss in some of my financial assets at let's say$2000 and I talked to my brother that the price has reached$2000 so So he will not take it as like he answered, yes, okay, acknowledged.

5:26He will be like, oh, shit. He will have some kind of emotions to attach to that same stuff, right? So AI, that's a big problem. Context, I think context building, anyone can actually add it that the AI can understand us more better. Now I'm going to chat GTP and tell him that he has to do this. If chat GTP come back at me, that would be a very big change. I think nobody is doing it. chat jdp launch pulse pulse is like uh so you can talk about chat jdp you will make a summary next day and tell you so if you have told me that my friend will get to meet him then next day it will suggest you some places to go so now this is a very good direction because this is what lacking in the AI but AI systems are not coming back at us now this is a very good one like they will talk to us and it reduces my workload more because I'm not even thinking to talk to AI now they are coming back and actually solving my problem suggestive suggestive so instead of human to AI it's AI to human and I'm just a confirmation yes or no so that's one which you feel is incredible opportunity yeah incredible productivity sort of app joe up kache samjhe and upka next day better guess is that you have to think about it that is one yeah that is one opportunity right now very big opportunity okay um what's the second second opportunity i mean there's multiple industry and a lot of opportunity but i will say if you can make work invisible work invisible like you don't need to work you go to emails slack all these things need to not be there so because all these are very logical very deterministic AI should be able to handle it all they need to know is my intent and they should just get the work done so if if there are 10 people I'm talking to AI should know just this these two people are very important just take care of them better coordinate better and all their work is AI systems and they're also in their background AI systems are running I mean internet as a whole is gonna be zombie land because we don't know that we're talking about AI so I had a Twitter bot in my account I had a Twitter bot and I had an Obsidian Obsidian founder Obsidian is a very popular note making app that founder was replying to the tweet done by my bot and I read like oh that some guy in San Francisco who leads this project is replying to a yeah and i and i was confused like okay this is a very good example like slowly slowly how do i believe i should need to coordinate with an ai why do i convince other person on internet so the internet will just become a consumption layer i will just go there to acquire information but not to converse because i don't know so it's a and i had seen his firsthand already two months back today maybe it will be more and in the next year it will be more so then we are underestimating like how dramatically the world is changing so we are talking about AI but what is the opportunity is there some way where people can do it or there is no way which you can think about people have to think about no the whole internet change is going to be so I think every app that exists will have a revamp so if you have to put someone and you can simplify it for end users and just change it and it's gonna have value a lot of apps we are just doing a lot of manual work which doesn't exist and I think one more thing is Nawal tweeted this some months back that the promise of AI is no interface when you have to use the interface that's when actually your AI system so explain so I mean if you want to book a car you go to Uber if you want to order food you go to Zomato or you want to book a flight you go to make my trip you don't need this division you need a one system which we call AI system or AI assistant or whichever whatever we call it whatever you call it something XYZ in your phone there's one app called XYZ and then you just tell that to the app and it will take care of everything and let's go one more step ahead it doesn't even I think mobile will change itself so if you've seen the new Apple design everything is concentrated at the top of the iPhone everything is concentrated in top layer they are they are moving towards a miniature version of devices, you will not need like a good phone everything is concentrated here could be attached to here could be anything i don't know so it will not even me using a phone it just stays with me and figuring out things around me yeah that geo launched that glasses yeah glasses are a very good example like i'm fascinated glasses geo glasses all that they've launched yeah they haven't gotten to that stage yet that i will use on a day-to-day basis but it have a real chance of disruption yeah but it's may at least they're using i saw this video recently where they're saying you can open the phone, can cut the phone, can listen to the songs, can see directions, can see a location directly, and can ask you which building is it, and that will give you a history of it, so you can use it as your, let's say in-ear assistant full-time, totally, yeah, I just tried it one week back, the newest meta glasses, and it doesn't even have a voice, it actually transfer but you hear the voice directly vibrates.

11:31The voice is not coming. So you won't have to hear me. But you vibrate and you transfer the information from this part. So I'm seeing like all these things coming out. So we're dramatically underestimating where we are heading. I think it's going to be a very cyborg kind of world. And it's going to happen. It's going to happen. If we don't do it, someone else will do it. So why not us? so there okay again we're back to the same question I think the next good opportunity could be robots what do you mean for example what if this is powered by some AI system I'm moving here yeah it comes to me immediately but it's not only about that if I just went down to let's say it should not come to me now if it's just a deterministic program it will do that too but it needs to have some kind of consciousness inside it some kind of intelligence yeah some kind of intelligence and possible so it will move around with me this is just a one example maybe a lamp pixar kind of lamp sitting around me so and these are a very good one because uh this is a good opportunity i personally want to enter into this but it's a very high turn around you can't just move things around so fast robotics right but if someone has dedicated time I will suggest to get into the intersection of robotics and AI because that's when the real change will happen for us software there will not be any change but when all of the things around us are having some consciousness via this artificial intelligence they are moving around and if you think this camera is moving around they are kind of coordinating with you in some lights yeah by the way we have a lampy project we also have a robotic team in like bangalore the lamp actually reacts to you you say it like hey i had an accident yesterday and uh it will get depressed it will show emotion why just eyes you you try to be angry it will get angry too it have ears moving like this like a pet you know so this um uh uh these are some examples like how how world around us is going to change we will not see it so physically but I think when it comes to the physical form that's when we will feel it a lot true so that's one I like this example give me more examples like this intersection of robotics and AI yeah this is one but intersection of bio and AI explain basically bioengineering your body what do you mean by that so one tech already CRISPR you can change genes in you so up coaches say you want to change the color of your eyes maybe i don't know if it's possible when you're an adult but when you're a kid you can change the color of eyes this is one like very real use cases and it's very it's technically possible if someone is disease ridden like let's say high chances they have some genes which can cause cancer now you can edit those genes via this crisper tech and ai is actually advancing it recently i read about it like so ai has created its own sequence of genome genomic sequence um it's complicated but okay in simple terms so hum as a species also evolved like monkeys app ips and then a human there's a like evolution that happened right ai exist like a new species with the whole sequence of genes and now this opens up a lot of like you kind of creating a new species right you know so i mean the positive negatives are many but uh very big field because when ai her aspect of your life is automated by ai digitally physically then the only thing that left is you how you maintain your body and it also linked to longevity now like how you can live longer by fixing um because dying is not natural you die because one of your organs stopped working like most cases if it's not sudden death you die because your one organs failed and other organs like follow the route right now if you find a system bioengineering your system where you can let that organ sustain well basically you can't die anywhere so again many people are prediction that the person is going to live 5 ,000 years already born.

16:01Yeah. I don't know. I mean, maybe we will not live long enough to see that. But it's a very bold prediction. Right. There's one startup which is very funny. Like, they charge people after they die. What they say, okay, you died out of some, let's say, cancer, right? We will put you in a refrigerator. You keep it warm. Your cells will not deplete now. After 100 years, there's an innovation where that disease can be solved. cancer or something now we will fix it whatever we do we will make you alive and I went to this event in Dubai even Brian Johnson came to that there was a Nasdaily event and there was this startup pitching and I found this is such a very good money making process you are selling after you die it doesn't matter right you don't need money now like you're gonna die you don't need money why not just keep pay them and put me in a rental queue yeah and just so that's tech yeah that's tech I mean that's crazy tech tech startups that's wow what are the more okay let's do this tell me two or three more things that is incredibly fascinating around the world you have seen and you have seen that people are working in startups that in the world like death tech is I've never heard of I'm hearing it for the first time I mean there are a lot of crazy crazy startups can't even think maybe it will come into the conversation okay yeah alright so we will build that because you are talking about AI and you are talking about AI will replace a lot of things people don't need to work let's figure out that we are a big AI that's your startup what can they make that people help in their life and have to reduce their work can we do that?

18:05yeah we can totally do that I mean our motto is to like make work invisible lovely what do you do I'll tell you simple language what does your startup do you go to the chat JDP and it will respond you in some kind of text it will not do that for you what Bhindi do is it executes that for you so for example can you draft me an email it will draft you an email and then you will copy paste it in gmail and send it what happens on Bindi you ask it to do it it will actually send the email via our gmail account massive Bindi it will do it all it will do it you have to prompt prompting skills needs to be good because AI doesn't understand you well so you have to ask something you have to do it will not the outcomes will be not right but it will do it so gmail but it could be anything can you get the price of i don't know hdfc bank and send that price to my broker and then ask him what could be done and then have a have a check whenever he respond you back after two hours remind me back now it's a chaining of multiple actions it will first go to perplexity or google to get the price then ask your broker should i buy or not and then set a reminder after two hours i need to check if that your investment person has like gotten back at you or not and when it get back and you're gonna so these are the workflows which are not possible in tech with bindi you can do all this it it actually execute on your behalf okay so let's let's make use cases by use case i love this i'm gonna make sure that by the end of this podcast low-keyaz 10-12 use cases which can use in your life one of the first use cases let's see if someone is watching this podcast because in India travel is increasing right he can use AI and go to India how can you replace your travel agent how can you replace your travel agent this is how I can do this what I will put prompt so that I will replace it so that I will replace it how what is my I am giving you a problem so problem is Today I have to plan my I have to plan my Diwali's house 4 people with my house My budget is 1 ,000 ,000 ,000 1 ,000 ,000 ,000 I want to know I can go to India or I can go out Then I can go out Where can I go out Where can I go out That's what I have If I have decided Let's go to Dubai So Dubai The cheapest flight Which is cheapest flight that's the best stay.

20:47The cheapest platform is so many. Make my trip, Piatra, Clear, Bees my trip. Which platform is the most expensive price that comes out? That's the most expensive hotel book. My taxis book. My visa sort. And I'll go there to return flight. End to end my entire travel itinerary travel bookings and the most expensive price and if there are coupons on the internet and particularly specifically or specific vouchers then someone will find me on the internet so that I apply it and apply it and do it with which card, which credit card, which payment method all of this end to end, how can I make a workflow or a travel agent type flow on winning yeah it's mostly words basically you're only talking in words like you're adding words to words sentence to sentence as descriptive as possible yes that information will take everything and one of our agents flight or google search or perplexity search that will also be able to get into it in fact it can also move ahead and give you an itinerary when you go there you can go to which one place to go to the cafe or whatever it will plan out all based on your prompt how well you are defining it i mean inputs are so better like the only place it i think the current ai systems in general fails is the financial transaction because the platforms doesn't open up their apis to make the payments that's also solving but i think majority of the problem it will actually build it uh the real key here is how better you can talk to ai how descriptive you are when you talk how do we do that let's say bindi can we get a laptop and do it yeah I mean it's UX wise it's similar like chat GPT can we open it right now and write a prompt I have said that you can write it in the prompt should we do it it'll be incredible people will love it yeah okay can you give me my expert book so I want to plan a travel let's start with some work first okay you wanna start with some work yeah tell me what you wanna do let's say I'm an entrepreneur and I have thousands of emails every morning.

23:07I have emails every day.

23:15I don't know what I have done in the email every day. So, I have spam. I have a lot of work. And I have a lot of work that I have instant reply. And I have a lot of work that I don't reply. Probably my team will reply. So, I will how do I sort everything? Every morning so that my work in 5 minutes, I have a half hour or a half hour every day. okay can you check out my email inbox and archive all the

23:50all the emails with subject starting with let's say invitations these are like your calendar invite okay you know so you probably don't want those things in your inbox because it's already you can see in a calendar okay first thing it will just ask you to connect the gmail so you double tap it connect and then it will check your inbox and then it will actually archive it simple done but it checked the email there is no email what i can do i can ask it to send an email to hey can you send a random email to this email um in the subject start it with title invitations uh and send send it three emails to this email in the screenshot so it's quite smooth in that terms you can just vocally talk and it will do so every task you see like I am just talking to it I am not opening Gmail I am not opening our admin panel to add your subscription everything is all automated

25:02and I have not typed the email let me see the photo send it to me

25:12send so now let's try again okay it has sent three emails so this system it found the email that I sent it had sent over 3D and it will archive so now this is a process where you can it will ask but you can also go YOLO mode and it will actually not ask on the fly okay archived and now if you go to the Gmail

25:44it had already you received an email you will see a blank inbox but you received an email in its archive too yeah done nice okay so all irrelevant mails archive yeah I mean depends I have invitations because my calendars fill and I receive like 40 emails a day so I was like okay archive everything I don't want to see those emails I will check my calendar directly you can say anything with marketing anything so this is my workflow but you can have your own workflow yeah so AI can work as a filtering system here okay give me another use case workflow I want to travel to Dubai and and my budget is one lakh rupees can you make sure to plan and 18 the same with flights and hotels included

26:51also suggest some cafes nearby hotel i love downtown and

27:05go in depth and now one thing that works best i mean it sounds very funny but when you really ask ai to think hard it does think hard like go in depth think hard use these words think hard and find the go extra length you know so if we use these words it actually gives you better answers which is um which is i mean i think that's how they are trained they use these words to actually expedite their um like go extra length to actually do the research don't stop i do a lot of these things when and this one is it built on chat gbds like what's so we use a multiple system um um what is the base llm so sonnet for some uh claude sonnet for for some element and chat gtp for background tasks okay so once the chat happens there's a lot of background processing happens so cloud and gbd you use for both

28:05if we do something not only worry is like um uh the financial transactions are not that um proper so i did everything google flights google hotels google maps gemina a consequential thinking for thinking hard perplexity so so showing me what scanned me now you can just enter to confirm or you can just switch on the YOLO mode for me if I'm not asking next so it's thinking hard now hmm

28:36it's not a city Dubai from Delhi outbound return date yeah one of the fascinating things when it does don't do the job right you just actually go angry like hey you are so dumb why didn't you ask me the dates i'm gonna go and it actually next time it think more better i mean the navigation of the thinking gets better oh so

29:07now this is the one-off you can even ask it like give more prompt like hey don't only search in one direction maybe also try other places it's all searching maps for the cafes because i mentioned like you can also search for the cafes but why is it asking me to confirm again again yeah i think we need to check something maybe you this works when you start the chat i did it i switched it in between right so when you start the chat uh you need to switch it otherwise the chat only goes into normal mode got it with a newer prompt then it'll be yolo yeah it will be so you need to set it up at the start but it's a quite quite nice and now we can see this system at scale when it's system at scale you don't why i even need to check all this now we are fascinating how it is but at the end i will just do it and i will wait for on mobile it's good when you put it and you forget it later you have a notification when you get the whole process that this is the best flight at this time and you budget everything so you don't need that so let's say forget this if we do it with phones and let's say a small business owner wants to create bills and make a good bill and make a good bill.

30:20Okay, here's a problem. I'm a business owner. I want to generate bills. I want to buy a 50 ,000 of a person, let's say XYZ. I'll give a bill. I'll give a bill. I'll give a bill a proper league PDF type. And I'll give a bill every 24 hours to give a reminder send the money or not check this can we do this? totally very easy hey so can you issue an invoice to Raj Shammani and reply to the Rabao email for receiving 50 ,000 rupees and set up a scheduler every 9pm if the if if the if he haven't replied to the email and stop the scheduler once he replied so keep reminding him like this is the invoice and is to be paid and send an email to the above email that that you had sent the random emails to issue the invoice make it fancy make it clear if you are confused stop ask me don't make any dumb decisions

31:34okay let's see let's go it's um totally like it's i think this is one of the easiest i was still confused about this because they're like five apps but it still did it which is quite nice

31:48so it's asking me question because i asked you to actually you can take your call you know me better okay okay added an invoice gen agent creating an invoice

32:05and then we just uh simply send it

32:12so another best part when there is an error it actually changes the trajectory let's try this now now and this is good because that's how human operate they make mistake and then they get better so this is one of the example it actually did the job but there's an error beforehand it also set up a scheduler every 9pm it's gonna send you an email reply to that test email and remind you everyday and send it to that email that i mentioned before let's see if you receive the email okay received done it doesn't have the pdf attachment whatever hey did you send the pdf attachment i don't think you have but done

33:10we have it yeah done so yeah pdf and this is my invoice yeah i mean i can ask you to do more stuff at the fast but this is like the easiest easiest fast and i can i've gotten it to make directly invoice bana sakta on just on the phone and the base on the fly i'm just talking to you and I can on the fly dump the voice. So this systems at scale is going to make the whole layer of business and work invisible in other words. You don't need to work now. There will be systems which are listening, you and me, all the time. And I said, okay, I will use an invoice. It already did. Isn't it scary? It's scary, but it's a new world.

33:53That's why I'm saying we are underestimating the way the world is changing. It's dramatically very changing. and it's gonna be way different than how internet changed the world I think one of the biggest use case of this industry is going to be dating okay how tell me AI dating so now you don't basically people have swipe fatigue like they have to swipe a lot right now this AI systems can you can find you one day per week and you can go on that per week date and you haven't even went to the filtering process they know you and the ai systems are talking to other ai systems and they figured out okay this could be the right match and they matched us and we went out so this is a big case and and it can make sure you don't need to like swipe hundreds of profile you can just have one date per week and just go and figure out and give me feedback based on the feedback the system will evolve more and then it can find much better so this is a very big industry i think and it's it's it's very very very like very visible this is going to happen meta did launch some like a pilot app around this this week so something's gonna change so dating so somebody who knows you will be able to find someone will be exactly compatible to you totally so it's gonna optimize that process but isn't it dating that you usually end up falling for someone who's not compatible i mean ideally that's how it should be but i think the world is a bit different or maybe when you go for a compatible date then you tell your ai ki bro this didn't work because of this is this i didn't find it exciting find me something exciting and then and the next week matches you extremely opposite yeah and next week it will evolve when you get something so it's going to optimize that process and it's I think it's a very big industry do you think people will be able to date because artificial intimacy will become so high possibility high possibility because because humans I mean people want convenience and when this AI systems understands you so better then they will make sure you stay happy or you are satisfied properly yeah and with robotics and there's like a big market in robotics around just like building humanoids and a lot of things in china and even other places and with consciousness in that it's i think where it's heading is a also a bit dangerous territory in terms of like extinction event of humans very high possibility I mean people are worried about this that it can extend human because it will dilute the human connection as well you are mostly talking to AI persona who understands you best don't you think then the biggest businesses will be built which will be a community which will be a real world will be a community ultimately depends what we want I mean there will be a good fraction of people who want this like who want to be more connected with humans but a big big population is also like retarded they don't care so um um but yeah i mean biology have its way to like smoke out the people who are not contributing to the species so the people who are actually more connected end up reproducing more and the people who are not will end their legacy so biology have its way to like yeah like fine-tune anything so fair what are the other use cases AI or disruption dating you said entrepreneurs for what will be for employees for what will AI use case I mean on the work end it's mostly automation like the things are automated I think only two kinds of job as a human will be left one is you are curious about something so you think and instruct your AI systems or you are creative.

38:06So you ask AI to create some kind of image, some kind of movie for me or some kind of aesthetically looking better stuff. So we as a human are going to do just two things and I don't think we're going to work. And then who's going to consume these things? Us humans. But then we will be able to create ourselves and consume ourselves. Because everyone is hyper-personalized. Like why do you want to create when you know that I will create anything. do the others are so good because AI will have so much knowledge they will show that yes that is but AI I mean when I say create it's not that I am just sitting by frame by frame creating I am just giving it an intent that I am feeling very excited today show me something related I am feeling very depressed show me something motivating so I have intent AI is curating my feed so it's gonna be but it's gonna be AI generated right but you can't tell the difference between AI and human generator which I'm okay with I'm saying that how will people earn money how will people connect with each other that's another topic but I think very good topic no very good topic in a way like I also think the concept money as a concept might also not exist so how will it go everything free welfare state no no I'm totally so the only limiting factor for AI is energy we have enough solar energy to actually power all of the AI and when everything is automated around us government will have to come up with some kind of universal like energy allocation and AI system running for automating my stuff so now think about it like you will plan out at two months or three months and four months now think of in a world 20 years down the line you are talking to an AI systems there are robots flying down with woods and stuff and stuff and within a week or within few days they can actually make the whole house you think it's very exaggerated very possible because you are 20 years before 50 years before you will go to North Mumbai to South Mumbai two days before planning because travel time is very high today you plan to go to 1 hour before immediately plan so the time it took to travel reduced the time for us to go from here to the other part of the world Is reduced Everything is So getting advanced That your travel time Building time Or whatever time Or the cost Is getting optimized We'll get to a point Where we have to make something We'll just say AI systems Even in physical world It will make it Drones, stuff Humanoids Properly Creating a house That I want for me Physical change Not just digital So When you're entering Into this kind of world The trajectory Is going to be very different Like the base level needs are already done you're gonna be eating enough food because government systems are like i mean if government needs to be good though i'm assuming the government is like very good just allocate some energy solar energy nuclear energy could be any energy but they will just allocate that energy and everyone have base seek necessity fulfilled who i want to go extra it could be more like space travel mars that will come into an elite behavior or a status quo behavior very possible i mean looks not but if you see the last 50 years the prime minister of india doesn't have the first premise doesn't have the comfort of switching on a but switching on a switch to start the heater there's a process in heating water and like today we just wake up switch on and just go into we have the moving air condition which is cars 200 years back people don't have it i mean we don't see the change that happened because we are born in a new world the change that's going to happen is way different everyone is going to live a billionaire's life that's for sure and the what's billionaires doing today is going to do more extra official thing like space travel space travel or i don't know building a tower in one week or something could be different so we're heading towards that world and uh growth is exponential So who will be replaced in this world, new world?

42:24Because a lot of jobs will get replaced, a lot of people will get replaced, a lot of skills will get replaced. Who will save it? I think we need to think it differently. We are not meant to work. So the replacement comes that we are taking the assumption that we should work, and we are replaced. We as a human are not meant to work. Where will I work? This system at scale, you don't need money. you will need some kind of when I have a system I don't know today but I really clearly I see that I was working on a big big deal and I was fired because I had replaced a big startup who didn't hire because I had replaced so these little jobs are going to be okay this problem is now coming so I think immediate solution to that is just adapt to AI I mean one of the most important skills is how well you can prompt the AI how many ways you can talk to your AI we had seen a lot of users come and give a one-liner stuff and say it doesn't work that's the most important skill as of today you need if you're in college, if you're doing a job start to learn how to talk to an AI there's also a technical term to it, prompt engineering you need to prompt it well in order to make it work whoever does this best so in our company we make sure that two skills are really there before we hire how well you can talk to ai prompting and high urgency you need to have that kind of urgency to do something i think these are the two skills you need to operate in the new world to be valuable in the new world high urgency and good prompting skills okay what does a good prompt look like yeah it defines things uh very well i mean again very personal to everyone how the talk but what kind of response they need but the first paragraph needs to set a foundation what you want to do and then you don't have to do something that you want to do so you will tell that this is like travel guy so don't look for look for any place in anywhere else so you have to give some mini nudges if you feel good if you want to specifically so you have to book or then you have to be so depends on what you need in that prompt how better you are conveying it in your words so prompt engineering means first is okay I mean it's a process first is you define what you need then after that do's then don't and then you enter is that a good prompt or is there more to it yeah this is a very good foundationally like so you need to say what you need to get done and the negatives and positives of it what like what not what not to include what to include and after that personally whatever you want do you feel at least biased chat video cloud like you will give the answers that you want I mean that's going to happen because for these corporates the main benefit is that you are on their platform so for that they want that they make sure you feel good just like how social media works so they want it to happen so I think systems are going to evolve to that and also every every AI system have their own biases so you know Elon tweeted about it like if we make AI can be anyone if we fine tune it better on the right wing it become racist like if we fine tune the ai on the type of content which is anti-liberal it become racist and if not it become completely liberal so you can't actually build a non-biased ai so there was this meme mecca mecca hitler i'm not sure if you heard on twitter it was happening or but the grok turned into mecca hitler and started like talking like that so there's always a biases i think in uh in ai uh it's gonna stay i mean because it's complete it's trained on some data and the data will every data will have some kind of biases you can't have like a clean air got it you're talking about elon yep you love him i i mean i haven't met him personally but i i really appreciate what he's doing yeah why do you think elon kiyo jeet elon must mehsa kya khas hai i think um i mean there's a lot to it but um i think the the major part like you need to obsess over something for a long span of time so many people fail on it i mean and his goals are very like not normal yeah going to mars i mean anyone who want to live a normal life he can just be happy on earth right but as a very very goal like what you want to like achieve this i mean those kind of traits are if you are aiming for stars you end up being on the moon so i think that's a very big trait of him like which that's why he's able to handle like five different startup all in its own like doing the own innovation Neuralink, Boring Company, and SpaceX and even in the SpaceX they have cluster of team working on different defenses, Starlink.

48:02So I like how he's able to handle all of them while not burned out. So I admire that and I think the most important part is you know what drives people are like the hope right i mean they need to they need to believe like this can be possible so he had made the bar so high as a single human you can do i can do this anyone can do anything so that opens up the wide range of opportunity you will not start doubting you'll be like okay if someone did it we can do it so the indirect butterfly effects of that act is crazy i think that's why i think many people admire him and i think it's a it's a net positive like it's gonna really add some value to the world fair how did you start your entrepreneurial journey i think the first time founder is just figuring out stuff like how to do it and um i was very much interested so so where are you from kota rajistan kota rajistan by the way tell me what your family yeah um so i mean i was born there but here to go I mean, Papa, it also keeps changing cities to do jobs and stuff.

49:15So I kind of stayed in everywhere, like from Gujarat to Mumbai, Hyderabad. And even in UP, I was for five years, I was in a Guru Kul named Mangalayan. Guru Kul? Yeah. Okay. So, you went to school with Guru Kul. So, what do you mean by this? so you stayed in Gurukul but you study CBSE and in your extra time 4-5 hours proper scriptural studies and scriptures and rituals you are doing it okay explain what is in Gurukul what is happening in Gurukul this is fascinating yeah this is in the most different part there is no internet like internet are connected so in 8th standard my mom like sent me to the Gurukul and from 8 to 12 I was there you can call it hostel but it's a bit different in a way like it's just not hostel it has some kind of different explain what is different so you have to go 5, 6 like early in the morning first to go to the temple before school I'm talking about before school the main the main focus was Swadhyaya So Swadhyaya is like You're reading all the scriptures So I'm a big fan of like Few scriptures That shaped my Thinking process Is like Mokshana Prakashak Samayasa And And we used to read it Every day For an hour Like Yeah School ke behle Like Fir wo karne ke baad We do our breakfast And then go to school And when there is Holiday in school We spend extra time in temple So I mean at that point of time We are like Ah Why do you do it but later we figured out that was a very good like it actually shaped a person out of me like the discipline like I I don't think if if I was completely connected like in this whole peak of 8th to 12th I would have had that kind of mindset or sharp mind that is right now so regular school like from 7, 8 to 1 and 2 and then you come back and some some special days you have to again go back and normal days you can spend it your time as you want we spend it by reading books because that was the only way we can get information uh yeah internet i mean they didn't give the access to the internet so but it was also very regulated so um then evening we food before sunset we don't eat after it okay so you have to stay so now current lifestyle is so different than what you don't have to eat uh and you don't get food after that so basically you are like all and then you go to temple again spend that two three hours this was a normal day every day every day and two three hours temple again scriptures yes scriptures and if someone want to spend extra time there's also extra classes so and what do they teach you apart from just books and scriptures keep focus on the lessons from the ancient or from our gurus or from yes which is ancient wisdom they would try to teach you that yes totally that so um spirituality i think is the main part they wanted to like make us read so i think that was a very interesting part of the life um and um for guru cool ke baad guru cool ke baad then i wanted to um and now it's on your own like you get that um whatever skill set you want or the mindset you want and now you can operate on your own so i wanted to get into fintech um actually finance i was a big fan of verran buffett even in the group days i used to read like daof verran buffett and a lot of finance book um the annual berkshire hathaway newsletters letters and stuff yeah shareholders letter so so i want to get into investment and finance so i was 17 and i started writing on internet quora quora i have like a good followers people started following me at a 17 and i was like okay like taking my advices on stock market and stuff um and i didn't have any of my dmet account because i was not legally then i turned 18 that's when i started doing and whatever pocket money i had started investing all in like um and but i had the high energy i want to do something like i want to something so i went into like building some apps fintech apps and uh this is a very interesting story but that's what pushed me to the crypto immediately okay so so i started building apps and figured if you want to be successful in finance or fintech industry it's highly regulated you can't do it immediately you need to go through a big approval then it's to be a credibility in you like you had worked in five years 10 years in this sector but time and this is also termed as high urgency but i want to do it a very immediate like yeah right now yeah right now like i can't wait for i can't plan out for next five years or ten years um and uh then 2017 the bitcoin was going up and it was getting some good traction and i thought and so i built an app which was making like thousand dollar a month sweet yeah just a uh just a app a very notification service of bsc notifications um then overnight i switched from this to crypto just because i can code and i can deploy contracts on ethereum blockchain i enter with bitcoin via investment but i can write my code and put it on ethereum blockchain so i program public blockchain and there are people who are actually depositing millions of dollars in that contract.

55:11They don't even know me. They don't know my age. They don't know where I live. And yet, they are using the software because smart contract, like smart contract is like it's an open blockchain. You can see the code. There's no, like you can verify it. Yeah. And you don't need to rely on me to use that. And that was a defining fact. moment like I still used I remember I was at home and I was saying mommy

55:39and my mom used to think is he doing scam

55:46and that's how it entered and I think we started getting a lot of global recognition because we are early in our career and they are like they wanted a story okay two kids somewhere from india build something used by big big players globally so we got a lot of like media coverage in crypto community at that time and that's how we started the whole journey and i think six seven years are all in there building the what was the first investment first funding case type first investment oh yeah it's also very fascinating i mean um um So we had a good investor base in the first round from Naval Ravikant, Balaji Srinivasan, Coinbase, IDEO Collab, and a few more good players.

56:34So Naval also gave money, Balaji also gave money. And how did you convince these guys? First round, I mean, I think the best part, this is also very interesting, like for any founders who want to raise fund, I think you don't have to raise fund in a way like you want to raise fund. I mean, for you to raise money, like you need to work towards it what's rare in the world is the best good founder there's a rarity of good founders there's lots of founders but the good founder which can define things are rare and what's you tell me what's the investor's job what's their job to find hunt for talent like they want a rare talent yeah rare talent so that's the investor job they want it's their job it's your job you do your stuff build the best thing and you they will find their way to approach you yeah actually find you and that's what happened so you guys were doing your work and were making and they found you yeah i mean there was communication going on but we didn't did anything we didn't have a deck even this round we raised it on a tweet we didn't have a deck or a plan or anything you know so um um they are there to fund the right founder which can change the future so you need to be that you need to be that person so how did that happen tell me it's fascinating story you were doing your work and Nawal told you that i want to put money so first we get the lead founder i mean lead investor it doesn't so all of the other investors the fall on investors they don't directly come in unless you're raising a friendly angel round which is small but we so we got the lead which was Pantera okay they are a big crypto I mean they are a big crypto fund in US and yeah I mean we connected to them via the mentor we had and the mentor I mean the mentor in a way like he wanted to acquire us okay and we rejected it it was a good offer we can go to LA and we can work in their office in LA and stuff but we were like not too interesting we didn't even have a so he ended up becoming our advisor and here's I think Edward Moncada is like a CEO of Blockfolio and he got acquired by FTX later so another story but from there we rejected that offer and actually we did a rejection a lot I mean we did reject a lot of offers on the way while we don't even have a CR in our bank yeah we're just kids so we went for we went to sf and there was this um uh one guy i think tom he's a very leading position at dragonfly fund he used to work somewhere else before and he told us you did a very huge run before you completed this round like you should have earlier and uh we were just meeting novel after that and uh there was this statement by this guy like um uh you should you have you should have not did such a long sprint because we are so popular zero fundraise yeah so um um and then uh it's more of network and connection we went to a new new york event and uh just shaked hand with paul who is like the lead in uh who's uh who's leading the panthera fund just a two-minute conversation nothing else we came back coinbase the biggest exchange wanted to lead our first round and then other investors came in like okay uh what about we do it and there was a race between those investors like who can fund first yeah i mean it was not too visible but the point is once you get one investors uh so okay why do investor invest i mean most of the time investor invest because other investors are investing simple so if you can build that hype or vibe uh kind of a mystery around yourself raising around is not a big issue i mean you just do need a substance or a credibility from your history um but but once you build that hype there is a risk capital anyone is ready to risk like even if it's like a zero a one percent chance let's allocate some funds yeah yeah so uh it converted into a completely new kind of um um um a group of people wanted to like just be a part of it uh and we are also fortunate the back desk like i mean they're the best people we can work I still remember walking alongside Nawal in SF Street and then

1:01:02who introduced you to Nawal? okay that's also a good connection so Pantera invested and Coinbase already wanted to invest, everything was friendly there was nothing aggressive and then at that time Balaji was the CTE of Coinbase if you remember so that's how we got in touch with Balaji Coinbase did participate in the round as a follow on so they were also part of our they also backed us so quite I appreciate that but that's how I got in touch we got in touch with Balaji and from Balaji we got in touch with Novel and got a chance to walk with him in the SF street we were very young with our bags you know and on the way back we gave him peda like the milk peda because you know there's a tradition and we were like first time going out and it was a good good good so I think what I appreciate what did he ask you ask our vision and mission what we are trying to do and stuff and some basic questions but I don't think he went too much to technical I think he was backing the founders compared to getting to know what the project is what did he find in you what do you think I mean I think we need to ask Noval what do you think he backed I think we are very early in our career and we took the risk nobody at our age like I was 20 my brother was 18 actually think of doing all these things so might have seen we are very self-driven high urgency i think is again a very critical skill everyone needs you just went to him and be like this sort of building this is what we're doing coinbase and panthera we have active offers from both of them uh i think these are more follow-ons so they like uh lead already already gets confirmed and then it is panthera right yeah so it got confirmed so you went to novel and be like my lead is confirmed already panthera is investing this much in us how much do you want to invest or is it more like hey we want advice to build this yes i mean it's more like a follow-on then like uh we are raising around but we also want you now the follow-ons with us it doesn't work like they want to invest we are like okay we need you you can be very helpful to us you have a good network so with follow-ons it's more like how we can because uh the the maximum amount of points you get is from the lead so you solve the money problem you need to solve the network or credibility problem so that's where the following comes that's when you make sure your angels who are putting the small checks are very well curated so balaji is big in crypto community now let's begin that community people like these jab he apki cap table path a kya help oti in se kuch help oti ke nahi banana toh kut kui padhti no product building toh it's again founder i don't i mean we can we can't expect investor to do it because if they are doing it then what we are doing it so but i think it's a first i think their backing in itself is a very big thing they believed in us that's i think majority of part is like solved like okay there's someone who is believing in us who who had built something influential before so that's the my and uh another benefit is just networks you can just dm them anytime and you can just like hey can you connect with us this we're raising another round can you connect with us on other investors so it's it's on you how you are actually leveraging their network and how well you are leveraging did you leverage uh yeah i mean i did text texted here and there anytime i needed some help it did help i'm meeting biology next uh month october in network school there's an event so i'm kind of i mean we kind of connected and uh can text anyone and if it sounds appealing they will actually um do the help does it has it ever helped you till now yeah it did help it did help i think uh angels have the best like um um i mean first time the back does is one and the networks they have they are well connected people i mean if you can tell them hey we need to connect with them and this is what we want they will i mean that's a very big value prop because getting to know some third person directly but someone is referring you so let's call it like biology introduced us to novel novel is not never directly investing in us but now there's a referral this is the first case so i mean if you articulate it like it they it does help the network does help not too visible but it does help at some stage some scale it will help eventually yeah it will help i think uh one more thing you need to be very grounded uh you raise your first turn and you're like okay i'm a guest i can do something but you never know how life will turn around like you don't need a who you connected today how they're going to be helpful down the line or how you can be helpful them it could be anything but you need to be very grounded um if you really want to be so um yeah even at earlier i was also like okay then we got some roller coaster rides in the start of it like okay we gotta be but yeah it's very very important very important tell you one failure you faced I I don't think I see failure as a failure because what one setback that you've had setback I mean I did had a lot of problems which we see as a challenge and we need to overcome it what was the biggest challenge at different stage it was very different like I mean it depends at early stage of my education it was like I need to study wanting to make something i failed everything like academically i didn't pursue i was doing ca i didn't went for second level i was doing cfa failed level one in fact i even failed uh become so i was very like uh academically drained like so but i was very passionate about other side of things so it pays off later on very stressful period but possible and while building the startup finding our users another very big outcome like the how much brand visibility you get or whatever you get like you're known by millions of people or you raise the fundraise round doesn't matter the ultimate test is how many users you can get how many people you are changing life for in other ways if you say at people using your product if not all these are like very temporary maybe a year or two you will die down one of the ultimate stress test for a startup is how well you can get the users how sticky they are how many lives you're changing in that so i think with the first startup we did for a subsequent like a for a few years figuring out was a very big problem like figuring out like how to like actually game up we're launching something it gets popular for a week or two again the viral varieties rule goes down i i'm sure you might also have some many movements in your life too so you can relate um but a very very big i think it's things are very stable right now but initially when we're starting out very tricky what makes in your journey of building products and actually attracting so many users what have you learned what makes people stick to product because there is there's so many products and whatever you're making maybe starting me you were innovative but in two months there'll be like 500 meters of you right how do you make people stick to your platform what do users really value what should be I think the initial growth of any startups comes from how much you are directly connected like you need to listen to them you need to incorporate those feedback quickly in your product and make them happy so your initial set of hundred to thousand users how happy they are is going to decide the next trajectory of your whole company so we did a lot of those things I think one of the major feature we were like very viral about on twitter was refinance I mean you have to move from a bank you have to move from a SBI you have to move from a SDFC you can't do it it's a very lengthy process on blockchain we build a system from one protocol to another one button click so very small thing nobody will do it but there was this hundred to thousand user who wanted this we build it and we listen them and we incorporate that in the product i think that's what matters the most got it well is there any one lesson last lesson that you want to share it with all the budding entrepreneurs that what should they keep in mind if they want to build something and which category they should be building and thinking in today's world there's a lot that can come into the mind um but whatever industry you guys are building like whoever is listening this i think one of the most important thing you need to do is stay highly urgent about whatever you're doing like high urgency is a very important skill i mean it looks very cliche again but you need to be obsessed about the problem you need to have that kind of urgency because that's the only skill that is going to make you stand out looks very normal but i can tell it based on where i am right now the ai industry how everything is panning out the only skill set is going to make sense is how what level of urgency you have in in in within yourself it's gonna it's gonna make the whole that's gonna differentiate the winners from the losers let's say that way and what industry do you feel the next billion dollar company can be built?

1:10:47I think all of the industry, there's a reason.