AI Panel Discussion Pt. 2 w/ Emad Mostaque, Salim Ismail, Benjamin Plummer, Francis Pedraza, Steve Brown, Guillaume Verdon, David Blundin, Ramin Hasani, and Alexander Amini | EP #97

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1:09There's no worry about competition whatsoever. It's leveraging talent, not replacing talent. It's unleashing the creativity of talent instead of bogging down in it. So, I mean, nobody here feels like we're putting ourselves out of business. We're like, we feel like we've got more things we want to do than ever. could one person buy themselves with no in -house team, no W2 employees build a company worth of billion dollars. I don't know what you think. I think it's possible. As we automate more and more of our economy, we're just going to aim higher and go for bigger wins. Every room we walk into, there's all of these adjacencies we never knew existed before.

1:45And these are opening up before us. They're literally materializing. Please, sir. The next from London. I wanted to find out from invincible. I mean, perhaps you already know this, and I'm sure you do. But it's a marketing opportunity. All of us here are CEOs of our companies or have enough money to start companies. If you could make us as individuals, AI savvy in whatever we do, We can then transpose that information onto our boards, onto our companies, and that might give you a lot more business. That's a great observation. What's the question? The question is, can you sort me out my life? Yes, I love that.

2:42So that I can use AI more efficiently in my... That's why we're here. That's why we're here. We have an app for that. Yeah, please come meet with our team. We're here at the booth, and we'd love to get to know you and build a relationship. We're a very relationship driven business. And this is, you know, it's not just a today thing. In the last 12 months, think about how much innovation has happened in the next 12 months or will be more innovation. So just like Lord of the Rings, there's not one ring to rule them all in AI. There's going to be so many different apps and models. The question is how do you integrate them into your business and that's an evolutionary thing?

3:22Okay, I'm gonna I'm gonna default to like 22nd answers. Let's go to Gulkum on zoom Last year you were talking about building up country models. Have you have you proceeded with that? I think it's so with result Yeah, so we've done Japan about to release Spain and about a dozen others and the plan is to go to probably a hundred cultural models by this time next year and then open data sets for all of them so you can take them and remix them with all the other models that everyone else has as well. Thank you. Go on a Robert on Mike one. Yeah, hey, this is for IMAD. Just following up on you you're showing yesterday the hundred cats per second and how good we're getting at that.

4:06How long is super simple? How long till I can take my favorite book or novel and just feed it into the computer and have the computer and make it a movie or a Netflix series. It's a very big computer in the cloud about two years. Two years until we can do that. Yeah, it won't be real time, but I'd say two years, because movies are made up of lots of short scenes, and we can really do short scenes, and that's all about how we bring it together. Does anybody on here disagree with that? How long tell a good movie? Well, not much to say about that. Just making a bunch of clips has not what a movie is.

4:40I would argue, I have a counterpoint, which is the editing of stitching scenes together is a very deep art form. I would guess that that's the longest to be automated. Could you read? Yeah, that's why it's two years, not one year. All right, it's got a yash. I'd like to hear. I have a question for Dave. Dave, I come from India. I'm a venture in growth. I could invest in that. What an india is relatively of a nation landscape for AI. What would be the first three investments that you would make whether it will be infrastructure oriented if you have to start investing with harnessing artificial intelligence of that.

5:20That's really, really easy actually because the first question we had is the answer to your question. If I were in India where millions of people have taken Alexander Minis classes on stage yesterday, huge educated AI ready population. Meanwhile, companies like you just heard are saying how unearthed am I going to act on anything I'm seeing today? So if you connect those two dots, what they should be doing is investing at the seed stage in groups of 10 or 20 people that you Assemble and then you say okay, but then you be the first customer for what we just created and guarantee me my first five million of revenue Your company will skyrocket in value.

5:56You can do it 30 times in a row They'll actually get the delivery they need on everything you're hearing in this in this session and well that'd be different from Invisible with the landscape and And does it need to be customized for India, or can something like an invisible only come and do this? Will it end up competing in something like an end? It doesn't matter. It's almost exactly what happened when the relational database was first invented, and every company needed one all of a sudden. And there must have been 50 or 80 successful companies that were delivering in all the different vertical sectors.

6:29And it wasn't until five or ten years later that they all aggregated an Oracle bot a bunch of them. But you don't have to worry about that for years. What matters right now is that there's never been a technological shift this quickly and this globally impactful before in the analogy to the relational database is a joke. It's like, this is hundreds or thousands or millions of times bigger than that and it's much more urgent. So all those companies will succeed in parallel. There's no worry about competition whatsoever. Over the years, I've experimented with many intermittent fasting programs. The truth is, I've given up on intermittent fasting as I've seen no real benefit when it comes to longevity.

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7:52Now back to the episode. Hi, I'm Caitlin Krauss and my MTP is to empower meaningful human connection through imagination, wonder, and awe. And my question is about digital well -being because we want to use AI and we want to use it mindfully and it's a time when there's a lot of noise in the world. So what advice do you have about people who are interested in wonder and awe like me using them in spatial immersive environments? how to do that without increasing the noise factor and all of the static. I mean one of I think the challenges we're going to face is just like with our use of GPS, if we're not careful it can erode our ability to navigate.

8:35Like me, I can't figure out which way is, I know up and down that's about it. Yeah, and so interestingly enough, actually this is going to be a little controversial perhaps, But I can I've started to be able to tell who uses chat GPT for their thinking like for their for the thinking the people They use chat GPT all the time they actually start to think in a sort of they sort of feel a little bit like a Gaussian blur of the internet And so I think as we think about What it is to create well -being we need to be thinking about how do you create a Developmentally aware set of a eyes so that you know at any time where a human being is and what is the the next possible place they can move, such that it removes the dependence on the sort of teaching authority AI versus like creating greater dependency.

9:25Amazing. Let's go to Charles on Zoom. Charles. I thank you all. So, Liam, I'm going to start with you. Okay. I'm trying to build an exponential organization. And so one of the first requirements is staff on demand. So, why don't you debate and visible about how you would use them and even bring in, say, a lot of marketing campaign and then bring in Steve Brown and Brittany as to how you would do the investor relations for this business. Thank you. I think you just answered the question. So the obvious thing to do is in an EXO you want a small resource footprint as possible and partner wherever possible, right?

10:09So, a partnership is something like invisible is fantastic because you just go help me sort that out. What I love about the model is they're helping you build that muscle and over time it's going to be really important to have as much musculature inside your organization to be applying some of these tools. Then you can maximize leverage and impact from that. And if you want Brittney to do your earnings calls, she's available. It's going to David here on Mike 3. David. I'm curious about using AI to make myself the best person I can be and just open to the forum. Are there any recommendations you have?

10:48Should I be uploading all the emails I've ever written, all of my journal entries? Is there a way to get myself into AI so that I can learn more about myself? Is that a worthwhile effort and should I document my thoughts every day? my inner psychosis. Yeah, just curious about that. The AI's are doing it already, so don't worry about that. Just start talking to it. Yeah, I think a lot of people that are users and creators on top of the AI stack are worried that they're not deep in the foundation of it. But when Snapchat went public, $20 billion valuation, it was 5 ,400 lines of code. It's just tiny, tiny little thing on top of all the tech.

11:34What you're seeing in media right now is, you know, the question earlier was, how long to we can create a feature -length movie just by voice prompting it. But that's not the target. What's taking over is short -form, TikTok, Instagram, YouTube, short -form. So with AI on top of this, there's going to be media that's billions and billions of dollars that's long before a feature -length movie. That's the wrong target. So I think anyone who jumps in is going to find that you can build micro communities around any topic You know if you have anything interesting to say in the world at all you'll find followers And you can use the AI right now as a force multiplier for yourself no matter what your your mission is So whatever you're good at and whoever is interested in what you're doing you can immediately act on it You don't have to worry about being you know where ramen is you know very very few people are Where he is in this world many more people are on top of it.

12:25There's huge opportunity there

12:30I would like to know if you have an idea about how it will have an impact on IT infrastructure, mostly data centers. Where will you put those infrastructure? If there will be larger or smaller, I don't know.

12:50I mean, the trend is to go larger data centers, bigger clusters, GPU dominant, right, at the moment GPUs are the best type of computer to run these AI algorithms and hire bandwidth, right, because you're trying to achieve data parallelism, do some model parallelism even, because the models are too big to fit in any one memory. And so faster interconnect, bigger clusters, more power, that's the trend so far, right? Unless something comes and disrupts that. Yeah, most data centers historically have tried to be close to the customer and the user to keep the latency down. You don't have to worry about that.

13:26You want to be close to the power supply. Okay. That's a big difference. Yeah, fascinating. There's also a whole bunch of models where you can use crypto tokens for AI Cloud Compute. Those are getting very interesting, so check those out. Okay, let's go to Blake on Zoom. Hi everyone. Thank you guys for sharing with us today. It's been amazing. I'm just wondering as we get better at the automation and consolidation of all of these tasks, what is the end goal that we see as far as the number of companies that we are all going to have the opportunity to build is and then the the lack of need for people within those companies.

14:07It seems like markets could get oversaturated. So I think for the invisible team specifically, where do you guys see the corporate space in five years? Us all running companies that we don't necessarily have to put time and to run. I love this question. Sam Altman talked about the one person unicorn. Could one person buy themselves with no in -house team, no W2 employees build a company worth a billion dollars? I don't know what you think. I think it's possible. As a matter of fact, it's not a new idea. About 100 years ago, there was an economist named Ronald Kose, and he realized that it was possible in the future to have more and more of your team be outsourced.

14:51Do you know that only 5 % to 10 % of knowledge work is outsourced today? By 2050, do we think it's going to be a higher number? Maybe 25 % to 50%. Maybe that one person unicorn has 99 % of their team on invisible and that's exactly the future that we're pairing now But I don't believe that we're going to get to 90 % unemployment I think that if the nature of the firm shrinks Because of technological capabilities. There's just going to be a wave of entrepreneurship all this talent gets liberated to do new stuff There will still be things that humans can do the computers who can't so thank you for that question Just, just, after that Peter and I did a whole podcast about we needed three people, a three person team could create a billion dollar company, a vision guy, a product guy and a builder.

15:40And Sam of course went to one. But think about the idea if you go down where Steve is going, where you essentially get to fully autonomous AI building its own companies. Right, now things get really weird. And I think navigating this is going to be pretty much dominating the business landscape for the next decade or so. Which actually brings up the next really important point, which is right now there is an incredible amount of money going into figuring out how do you make AI's aligned? How do we make sure they do what we say they're going to do? But if an AI is wielded by a corporation that isn't aligned with all of our best interests, it's not really an aligned AI.

16:19So I think a major opportunity for everyone here to start thinking about is what are E -VALs, the thing that evaluates an AI, what are E -VALs for corporations? Because when the corporation's punts, they can punch a hole in the Amazon if they're just out there operating autonomously, that's incredibly dangerous. I would say, you know, we've had ways to line corporations for many decades now, I think that applies to having AI workers within your workforce. To me, the future is not necessarily unemployment. It's actually corporations maybe being 80 % AI's 20 % humans, but we have way more corporations and we're far more ambitious with what we do, right?

17:02Ultimately if you think you know like a physicist the system will grow and try to unlock More for energy. So does that mean colonizing Mars because there's a lot of opportunity out there potentially, right? There's a lot of upside, but it's behind a lot of challenges and so I think like as we automate more and more of our economy, we're just going to aim higher and go for bigger wins. Yeah, Gil brings in a really important, it's the abundance mindset, right? It really is, we are, every room we walk into, there's all of these adjacencies, we never knew existed before, and these are opening up before us, they're literally materializing, the adjacencies.

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19:37Really 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 life spans. Go to fountainlife .com, Backslash Peter. It's one of the most important things I can offer to you as one of my listeners. Alright, let's go back to our episode. My question in common has to do with ownership and power, right? So there's five or six companies that right now are setting themselves up to pretty much own everything. And what I don't hear about are decentralized systems, decentralized LLMs that could work like Bitcoin or Ethereum can work where no one actually owns the network, but there's incentives to contribute, use, provide, CPU, GPU power, etc.

20:27etc. and it seems to me that this would be society's golden opportunity to have no one necessarily own these networks just like in the future I think no one is going to own decentralized finance and I'm curious if you have an opinion as to why we're not hearing more about this. I just read about Project Morpheus which I think looks really interesting but I'm not really reading a lot about any kind of big movement in this direction. Go to huggingface .co and look at the number of models that are there that are open source. It's something like 600 ,000 now. That means there's probably a couple million entrepreneurs at least because I don't think everybody has their own model.

21:09But there's a lot of entrepreneurs doing a lot of things decentralized and that are super empowered now. You hear about the big tech thing and you look at their demos and half the time they're they don't work, but all the cool stuff is being done by these small startups and super -powered entrepreneurs. So I think the actual opposite is happening. A year ago I was exactly where you were, I thought, oh my gosh, it's a winner -take -all -thing. Microsoft OpenAI is going to take everything. Now it's like, oh my gosh, that's a commodity. It's thousands and thousands of flowers blooming right now. When I set up stability originally it was meant to be a Dow of Dow's and decentralized, I realized there wasn't much intelligence in Web 3, so I had to build it first.

21:49So yesterday I just joined the Board of Render for example, and we're going to use hundreds of thousands of GPUs to create synthetic data sets for media. And there's more coming along those lines, like we've had 330 million downloads of our models on Hockingface already. And the next step is how do we decentralize it, give ownership to everyone. So with the national example, for example, we're talking to governments. Can we give ownership of the governance of the data to every citizen in every country? Because I think this will actually become less about the models as a basic base models They're like graduates and more about who controls and earns the data And those data sets are on hugging face too and I really just want to apply it You know what you're what you're building and doing it's a beautiful vision Let's go to zoom and re you oh Go check out a token called hypercycle which is trying to do this, democratizing AI compute in the cloud and people can build their own models and just bring in computers they needed.

22:46So there's some amazing stuff happening in the decentralized web through you. Onto Zoom, Andre you. Thank you Peter. You could go a bit wrong both my kids are still awake and my wife is on business trip. Love it. They paid attention for sure the question is how can they buy the Google classes? But let me ask my question to the yesterday, yesterday, maybe the, we've seen Nvidia share go from, I don't know, increased to $885, right? Raise more than $600 as they increase their power on AI computation. My question is a bit too old. One is, did you guys see this kind that the company could grow so much within a year?

23:28And the second one is, do you guys see any other company following that could bring good tech to respond this. That's a great question. I'm sure your kids asked you that question too. So I saw Gil you're nodding. Yeah, I mean, Nvidia was, you know, what was at a year, a year and a half ago, the price was irrational. Everybody who's a practitioner knew that Nvidia is so dominant in the AI space because of their their compilers and their hardware. What doesn't make sense to me at this point is why AMD is not really on their tails. And it has to do with software, with community, with open source.

24:12Friend of mine, George Hots is working on the compiler for AMD. So if something happens there, and he has a lot of influence, that could catch up. So that's kind of like public companies. Obviously in the private space, we're trying to be the next in video, obviously, for all of us in a certain sense. with a fundamental paradigm shift, and that's the only way as a very small player disrupt an incumbent. But overall, I would keep my eye in the public markets on AMD first, and then potentially Intel as kind of next up. Eventually, the advantage has to be eroded to some example. I'm curious, who's thinking about Intel right now in its ability?

24:52Yeah, so we're building a super computer with Intel, and we just released some results showing that the next generation at Stable Diffusion 3 runs faster on Intel chips than Nvidia chips. All right, and the Gaudi 3 chip is the same as the B100 in speed pretty much on a price performance basis. But everything will commoditize there, and it's about the entire sector going huge. This is one of the biggest infrastructure investments ever. So you can play the beta to the sector from AMD to Intel, and Nvidia probably still isn't done. It's still in new 34 times earnings. Stacey, are you in the room here?

25:24This is one of our patrons who's a senior VP at Intel. Let's go to Pete. Hi guys, I'm the data center guy. So, Gil, I need to find the venture capital firm that I could put money into because I want to invest in it today and not tomorrow. I want to help you get there. But my question is, besides the data center guy, I got a killer software app that I need help growing. And so for the invisible guys, do you do, I want to get it right from the beginning. So will you help us start up? Yeah, we work across the complete spectrum. We work with companies with 5, 10 people just getting started all the way up to the biggest companies in the world.

26:00And so we have customers spending $1 ,000, $2 ,000 a month. We have customers spending millions of dollars a month. And so, everywhere across that spectrum, we'd love to bring you on that journey. Helping companies grow and create amazing value is what really drives us. Did you know that your microbiome is composed of trillions of bacteria, viruses, and microbes, and that they play a critical role in your health? Research has increasingly shown that microbiomes impact not just digestion, but a wide range of health conditions, including digestive disorders from IBS to Crohn's disease, metabolic disorders from obesity to type 2 diabetes, autoimmune disease like rheumatoid arthritis and multiple sclerosis, mental health conditions like depression and anxiety.