AI, Tech, and Exponential Organizations Q&A | Exponential Organizations 2.0 | Q&A

26:11And it's a group that's using the attributes in this book. But I would say the top three things for me is the MTP data driven experimental. And mindset. And of course, mind. All right, Max asks, what tools do you use to improve the quality of the questions you ask? What metrics do you use to measure their utility and relevance? And so first of all, Max, I hope along with everybody else here, the instant response is chat GPT is, I mean, even if you don't know what question to ask, going in and saying, I'm trying to learn about this area, what are the top 10 questions I should ask is an amazing begin to your journey.

26:53I was doing a presentation of the top C suite of one of the biggest consumer products companies in the world. And I asked ChatGPT for questions, what would disrupt this company? If I was a startup, how would I attack this company? What disruptive technologies could I take advantage of if I was the company? And I showed it to them. And they're like, holy crap, that's like half a million dollars of consulting. So I said, I'll send you an invoice. But this is critical because the key when you can get into the routine of it is you get into the habit of just asking ChatGPT to help you ask the question.

27:28Here's the challenge. We don't know how to think other than the way we know how to think. It's obvious, but we're limited in that regard. So chat GPT, the other option is obviously getting a group of people together who are knowledgeable and brainstorming, believe me. At every executive meeting, every board meeting I have, I've got chat GPT open in a window and I'm having a side conversation. It's an extraordinary superpower that's only going to be getting better. One asks, given the most finance and tech improvements are mainly led by financially stronger countries, is it really possible for developing countries to launch a successful EXO?

28:06Yes, without question. Not only is it more possible, I think it's more likely going forward. Why? Because the cost of launching an EXO has dropped to near zero. Right? So there's no limits now to barriers to entry. You can basically get the product market fit for a few hundred dollars. You have less competition, you have a ground field to start. You also have the potential to have a regulatory arbitrage. In some countries that don't have laws against something, perhaps able to go in there and create a regulatory structure that supports you easier than in a crowded field. Crypto, not allowed in the US, basically.

28:40I mean, come on. So lots of possibility there. I want to mention one more point about this is that in emerging markets and developing countries, number one, remember what I said earlier, you don't have to unlearn 50 years of Harvard MBA thinking you can leapfruits right to new models. I'll mention again, Mercado Libre, the biggest company on the Buenos Aires Stock Market is an EXO. Now we're going to see the most successful companies. So what we're now going to do because we have that Fortune 100 data, Chandr or Nagpal just finished scoring the public companies in the Indian Stock Market. Now we can go and show every company where they're where they're missing stuff and creating investment thesis around that.

29:21But over time, investors will not invest in you if you're not in EXO, because you're just going to do that much better if you're organized this way. I'm going to say it again, by the end of this next decade, every company impact project, nonprofit government department will be structured this way just because it's better and we have the data and evidence to show that the opportunities in emerging markets are a thousand sometimes what they are in the western world and the industrialized world. And you're hungrier and you're closer to the problem. If I try to create a future for water solutions in Silicon Valley, I'm like 5 ,000 miles away from a problem.

30:00In other words, if you're in Mexico City or in a favela in Rio, you're 10 steps from the problem. So you're going to create much better solutions going for it. Alexandria ask can you have a personal MTP and an MTP for each company project you have or does the MTP need to be unique? Alexandria absolutely I have an MTP for myself It's the same as the MTP for abundance 360 and if you're the founder a lot of times your MTP Will translate into MTP of your the company that you're starting you can have an MTP for your family or for a family foundation or a country. And I was with the Prime Minister of Greece last, I was saying, you know, Greece needs a massive transformative purpose.

30:44It's that banner that really lights the world as a beacon to come and support that MTP. My commentary to some of the Greeks when I was once over there was that you were the birthplace of democracy, civics, education. They all need to be radically reinvented. I mean, rebirth. Let's reinvent education, civics, democracy in Greece because that's the place to do it. So please, if you go through the moonshotplanner .com platform, you can go through multiple times and develop one for yourself, and develop one for your company, your startup. If you're inside a large organization, a company that doesn't have it and believe me, it's not a value proposition, it's not a pitch proposition, It's not, you know, we want to increase shareholder return.

31:38You're cutting your CEO and talk about the importance of getting a massive transformative purpose. If they don't listen, then you leave. Yeah, and start your own. Because there's no point. Go start your own. Do what Eric, you on, did, and go off and build your own. Now, that's why you need the MTP. It turns out when you do things for the money, it never works. When you do it for the passion for solving that problem, nothing will stop you. Just a quick shout out again to startups and the resilience needed by invest by startup teams. Very few people know Google seems very successful right now but at the time there were 12 out of their search engines right so we actually did some researching we found out for some of the big products that there how many times did they have to do an investment pitch before they got funded and this is this is in the book so for Google it was 340 investor pitches So, Goularean Surgey got told, no, we will not invest in you.

32:32340 times because there's a dozen search engines out there already until, what if they'd stopped at 330? Right, how many other entrepreneurs stopped like one pitch too early before they got funded? It's an unbelievably difficult thing. You need an unbelievable amount of resilience, meaning you have to have an MTP to keep you excited over time. Yeah, same for me, an X Prize, 150 pitches of no, no, no, no, until I met Anusha, I'm sorry, and you have to come back to it each time with that same level of passion and enthusiasm. And so unless it's core and in your heart and soul, it's not going to succeed.

33:07And definitely one per project, like if my MTP is transform civilization, that's not an obvious project. But I could have a moonshot of let's update all of our institutions. Let's create a category of entrepreneurs that can go to Stanford in the world because this community, you people on the call are the only people that are going to change the world. Governments aren't going to do big companies are too interested in the status quo. So you're the folks, right? So let's give you the tools and the inspiration that we're doing. That's the reason we're doing. Yeah. By the way, if you go to learn .openexo .com, there's a full training modules on how to learn how to be an EXO, etc.

33:39That's available through the Excel pass. All right, let's go to the next question. A poll kit says, what will happen to the masses of the population who don't upskill themselves? Will they be replaced by AI? How will that affect unemployment? Let me crack it a lot. Yeah, there's a lot here. So think about this as having a slide rule to calculate. If you're still trying to do calculations as a slide rule and everybody else has a calculator you're going to be left behind, right? As Peter says, it's not going to be AI that takes your job. It's somebody using AI that will take your job. Now unemployment, we have very strong feelings about.

34:16When we've seen major technology injections into society, everybody freaks out and goes, oh my god, there's going to be mass unemployment. We've never seen it before. I'll give you a specific example. I'll give you two examples. One is when we created ATM machines in the 1970s, there was all this hand -wanging. What will we do with millions of bank tellers? We'll have mass unemployment. Thousands and millions of bank tellers will be out of a job. Except what actually happened was the cost of running a branch dropped by 10 times, the banks created 10 times more branches and the number of bank tellers has not changed at all.

34:54The three most robotics prolific countries where they use the most robotics automating the human manual worker are South Korea, Sweden and Germany. The lowest unemployment countries in the world are South Korea, Sweden, Germany. So automation does not take away jobs. Everybody, I want to take a short break from our episode to talk about a company that's very important to me and could actually save your life or the life of someone that you love. Companies called Fountain Life. It's company I starred 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.

35:34We're all optimists. Until that day when you have a pain in your side, you go to the physician and they burn into your 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 -nabled coronary CT looking for soft plaque, dexascan, a grail blood cancer test, a full executive blood workup.

36:19It's the most advanced workup you'll ever receive. 150 gigabytes of data that then go to our AI's 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, backslashpeter. Here when Tony and I wrote our New York Times bestseller Life Force, we had 30 ,000 people reached out to us for fountain life memberships.

37:06If you go to fountainlife .com, backslashpeter, we'll put you to the top of the list. It really is 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 foundlifeth .com, backslash, Peter. It's one of the most important things I can offer to you if one of my listeners. All right, let's go back to our episode. All right, Fleming says, given how important IP is in exponential technologies, how do you keep trade secrets while using staff on demand? So let me hit this.

37:46There is going to be a point in the not too distant future where IP is really immaterial. I remember having Astro Teller and Steve Germans since Steve was at DFJ, now he's in his own venture fund, probably the most successful venture capitalist on the board of Tesla and SpaceX. We're having a conversation. There's a point in the near future where AI is so powerful that when you launch a product, the likelihood is that we're going to have technology that can reinvent and improve on it in a half a cycle. If you're dependent upon intellectual property to protect you, instead of going out there and marketing and reinventing yourself constantly, you're going to lose that race.

38:32Second thing is the world is changing so fast that IP becomes less and less relevant. Now the third part of it is the execution. Okay, whatever my IP is, let's say I've got the greatest search engine crawling thing in the world. If I have them passion to go execute against that, nobody's gonna beat me. If somebody else grabs that, they have to have as much passion as me and over -out execute me. So it always comes down to how much are you trying to how fast and how aggressively? How much passion can you bring to the table on how well can you execute against the idea? Not the intellectual property around that.

39:07You can't rest on your laurels. you need to have an amazing team, an amazing MTP, and constantly disrupting yourself. Right, Anna asks, what are some pitfalls or misconceptions that companies should be aware of when embarking on their journey to become EXOs? How can they overcome those? Something we didn't touch on today because we didn't have time is between the attributes of an EXO, there are a lot of interdependencies. For example, you can't implement autonomy and decentralize your decision -making if you don't have an MTP guiding, thinking, and guiding experimentation, et cetera, et cetera.

39:43GE implemented the largest business training or corporate training exercise in history. They trained 60 ,000 managers on lean startup thinking and it failed because they didn't have autonomy. Okay, so if you wanted to implement lean, you better implement autonomy to give people free to run the experiments that are most exciting to them. So we document these in the book. We've got sections for each attribute on what are the requirements prerequisites to implement this attribute make sure you have these things in place If you have experimentation then you need dashboards So constantly tell you whether the experiments are working are you running enough or not etc So those are then the context of running an EXO if you're a small company and you're trying to turn into an EXO Follow these steps pick an MTP and just turn completely into an EXO if you're a large company Do not implement EXO inside your organization.

40:37You'll have an immune system response. The antibodies will attack you. You'll get a bunch of error. I talked to anybody that's been in corporate innovation and asked them to turn around and you'll see all these arrows in their back, et cetera. Big companies cannot innovate. What you do is you take the crazy people in your big company, put them at the edge of the company and build one into adjacent spaces the way. So I'll give you a specific example. Nestle built Nestpresso For years trying to run it as the line of business inside Nespresso, inside Nespresso, Nestle, and it failed. Because the value proposition, go -to -market product, think it was completely different from the big food processing company.

41:16CEO finally put the team on the edge, brick wall between them, and the rest of the company in boom, every hotel room in the world has a Nespresso machine. So the way big companies innovate is they create EXOs off the edge. They run an EXO sprint to break the immune system, and then over time, ideally, the EXO becomes a new gravity center for the company. So that's how big companies do it. As Fritell retells it in a similar fashion, he says, listen, you're going to have your employees breaking into two different groups. There's the group that's responsible for delivering 10 % annual growth, right?

41:50They're the economic engine of your company. You don't want to break that engine. It's fueling everything. But then you want to take those moonshot thinkers, those individuals who are driven by an MTP, put them on the edge and they're responsible, not for 10%, but a thousand percent, 10x. You want to say to those individuals on the edge, listen, I don't want you thinking about 10%, you need to be only focusing on things that are 10x bigger. And that group on the edge needs to report directly to the CEO and that CEO needs to have coverage from their board because you're going to have a lot of experiments they're going fail, right?

42:28You have to realize you're going to have a, you know, a 10, a 90 % mortality rate on these. And if you're failing and reporting failure after failure after failure, your board's going to fire you as a CEO unless you've got the top coverage. But it's that one out of 10 that yields, you know, and a contrary success. Yeah. This is a really critical point that's only possible today, not even five or ten years ago was as possible. It used to be that if you're a big company and you want to do some disruptive innovation, you had to make what was called a big bet and put a big chunk of resources and initiatives behind it.

43:03The CFO hated it. We're trying to defund it the minute they could, et cetera, et cetera. Now, because the cost of attempting and experimenting is so low, you can run a portfolio of investments on the edge of the company. Don't even tell the CFO, and ideally you don't, and only double down when you see success. If you have a little startup on the edge that's growing 10X and you go to the board and say, I want a little investment, they're going to go, yeah, here. So there's a whole set of, and remember, we have a community of 25 ,000 people in the OpenEXO community ready to help and advise all your companies, etc.

43:37Because we're passionate about transformation and solving this. And Peter has the same with the abundance 360 community. All right, let's go to the next one. Max says, I'm just starting my EXO. Which skills shall I learn? What do I outsource? And what do I outsource to other companies? So first of all, Max, as the, if you're the CEO of this, again, getting your mindsets in order is fundamental. It's understanding how you're thinking about this, having an abundance and exponential mindset, a moonshot mindset, a curiosity mindset. It is getting your MTP organized. Now to be clear, you don't need to be an expert in all of the technologies.

44:17You don't have to be an AI expert. What you need to know is what are you good at? what do you love doing and then finding partners that are good at other areas, right? If you're great at fundraising or great at marketing, be the best at that and then bring in the complementary skill sets that are going to support you as part of your founding team. Hmm. Two points I want to add. One, as Peter mentioned, if you're the founder, MTP and mindset is all you should focus on because that's going to drive culture. How to source everything else if you can. Second thing that's really important, Now, I want to comment on Elon Musk here.

44:49Maybe the most successful entrepreneur in the world today. Look at his methodology. He takes an MTP, solve transportation, right? Then he finds what exponential technologies will inform that MTP battery storage, solar energy, et cetera. And where will that technology be on a 10 -year exponential curve? And then aim for that point, because it takes like 10 years to build a company 11 in some cases, et cetera. So you aim to invest in that. He has no expertise in the space industry, the car industry, or the anti -candid industry. I can add to that. And he's created market leaders in all of those because of his mindset and this methodology.

45:27He calls it first principle thinking. So when he started on Tesla, and I was there at the early days of both companies, he made himself convinced that the battery technology would be viable when he looked at the spot cost of the metals involved, the cobalt, the nickel of the lithium, and said, okay, here's the cost per ounce program. And so I know I can get it down to this cost. It was nothing that would stop it. When he started SpaceX, he went to Russia to buy expendable boosters and found them ridiculously ancient 50 years and ridiculously expensive. And he came back and he got himself convinced that there's no reason you could not create a fully reusable first stage that could be fired over and over again.

46:18With that first principle thinking, he started literally with an aerospace textbook, he had a physics background. First of all, he is brilliant beyond belief. Just let's begin there and don't underestimate that, right? Having extraordinarily intelligence in yourself and in your founding team is super important. But with the fundamentals in place, then methodically started building step by step by step. But there's something I want to touch on here. When Elon set up to build SpaceX and wanted to do the reusable rockets, I remember seeing a panel. You can find this on YouTube. A panel of astronauts that were in their 70s that went on the Apollo program, Buzz Aldrin, et cetera, et cetera.

46:58They got on a panel publicly and they begged the government to stop Elon. They said he's going to destroy the space industry because he will fail. They literally had tears running down their facing. We was spent our entire lives dedicating the space industry and he had to deal with this and then he succeeded. Why? Because if you constantly, every time they launched a rocket, they were testing 65 different things. My God, so learning, everything. Those rockets are wired with thousands and thousands of sensors and just like the recent relativity launch of Terran 1, which made it to space, but not to orbit, it, you get massive data, you update your AI model, your algorithms on the rocket, you improve.

47:40And that was never the case in the past aerospace industry. You had to have the experts guess right on the first time with their slide rules. All right, it's got one more question here. Daniel, what methods or approaches have you implemented to foster a mindset of abundance and how has this influenced the trajectory of your organizations? Daniel, that insight of - Our abundance came to me first at Singularity University. And it was the realization that technology was able to take things that were there, but not accessible and make them usable, right? So we're bathed in 8 ,000 times more energy from the sun every day than we consume.

48:20And technology, solar, now perovskite is making it more and more usable. The transformation of available, not accessible to accessible is where it's going. And I collect, and you can go to deamandis .com and see all of the abundance charts. I collect all of this constant evidence that is showing us increasing abundance. And I train my mind by what I read, what I write about, who I hang out with. And that's, you know, so if you consider coming to abundance 360, that's our mission. A360 .com, we are training your mindset year round around these fundamental mindsets enabling you to become an exponential entrepreneur.

49:03Everybody at his Peter, a quick break from the episode. I'm a firm believer that science and technology and how entrepreneurs can change the world is the only real news out there worth consuming. I don't watch the Crisis News Network. I call CNN or Fox and hear every devastating piece of news on the planet. I spend my time training my neural net the way I see the world by looking at the incredible breakthroughs in science and technology. How entrepreneurs are solving the world's grand challenges. What the breakthroughs are in longevity. How exponential technologies are transforming our world. So twice a week I put out a blog.

49:42One blog is looking at the future of longevity, age reversal, biotech, increasing your health span. The other blog looks at exponential technologies, AI, 3D printing, synthetic biology, AR, VR, blockchain, and these technologies are transforming what you as an entrepreneur can do. If this is the kind of you use you want to learn about and shape your neural nets with, go to demandus .com, backslashblog, and learn more. Now back to the episode. All right, Rodrigo is asking, how does the EXO model either address cybersecurity, ethics, sustainability, challenges associated with exponential technologies?

50:20Okay? So I'll answer this in a couple of ways. One is when you look at cyber security, right? If you go back 5, 10, 15 years ago, we were worried, oh my God, the internet is about to collapse with fishing. Then we thought, oh my God, email is about to be destroyed via spam, et cetera. And we found algorithms to solve for those, okay? And people get freaked out going, oh my God, I can have cyber security in AI, going after cybersecurity to crash my server is what am I going to do about that? We forget that we also have the good side of it. Remember that amygdala freaks out about negative things.

50:56We have the good side, so it becomes an arms race. So cyber security deals with that. Now, I forgot the rest of the question. Let's go back here. Oh, yes, sustainability. Note that by default, I want to just talk about the economic thesis behind any EXO because it's really important. When demand and supply. Specifically the cost of demand, the cost of supply, hopefully on the right side of that equation. Okay. The internet came along and for the first time in business history, it allowed you to drop the cost of demand at a customer acquisition exponentially. Online marketing, referral marketing, every Silicon Valley company is trying for a viral loop in which case your acquisition costs go to zero and for the first time in the history of business, you can acquire customers at no cost.

51:44Magical. Boom. All these things, platforms, platforms pop up, Facebook, et cetera, leveraging that side. I'll just mention one. I'll give you an exponential organizations have figured out is how do you drop the cost of supply exponentially? Take Airbnb. The cost of adding a room to their inventory is near zero. If you're high, you have to build a hotel. So now you have the ability to go into any legacy industry with a very low marginal cost of supply. And then your market cap explodes because that's the denominator. I'll mention two last things here on that question. We as humans tend to see the negative first.

52:20It's just the way our brains are programmed for survival. And the way that I flip that in a judo move, as I say, listen, the world's biggest problems are the world's biggest business opportunities. So if there truly is a huge issue there, think of it as an incredible opportunity for starting an EXO to solve it. The other thing is that like it or not, We tend to see the problems way out in the future and we accelerate it to today. And we see what's coming and then, oh my God, it's gonna do us. But we forget that we have a period of exponential growth, we're gonna see more progress in the next decade than we have in the past century.

53:01And so during the decade ahead of us, we're gonna have breakthrough after breakthrough after breakthrough, enabling us to deal with a lot of the challenges that we're concerned about. Gil asks, how does the scale formula apply to manufacturing, equipment, installation, where lots of experience, relationships, and customization is needed? So again, look at the rocket launch business and notice which is a lot of expertise and experience needed, right? And note the 100 extrapping costs and we'll see another 100 extrapping costs. The same thing applies for agriculture and vertical farming where the yields are five times what these to be.

53:39Even horizontal farming, we now have drones scanning fields with infrared to scan for where their disease centers so that we can pocket out and treat those plants specifically. So all of these exponential technologies, each of them is adding a 10x capability and benefit to the legacy environment. We're going to see AI and VR reinvent how we design and manufacture. I'm going to describe something I have in my mind. It's going to go to a virtualized 3D studio. The AI is going to build something. I'm going to look at it, spin it around and say, yes, that's it, please print. The speed of going from mind to materialization is just exploding onto the scene.

54:203D printing, we have a dear friend, Avi Reichenfall, head of Nexat 3D. been looking at a 10x increase in speed, a 100x increase in material strength, full color, mixed materials, truly reinventing how we manufacture stuff. We are so locked in to how we've always done stuff, whether it's farming, whether it's manufacturing, whether it's designing, and all of this is changing rapidly. All right. Si, you said a question, that was a refreshing point you made about of our education system being outdated, I'm not sure it was refreshing, it was kind of saddening and tragic, but yeah, a fair point. What key subjects should we add to update our education system?

55:03I've got a blog coming out about this in the next few days. Go to chat GPT and ask it a question. Ask the question in order to deal with accelerating future and oncoming of AGI, what should we teach our kids? Fascinating answers, right? as nothing to do with what we normally do. It's really about agility, it's about great question asking it's about morals and ethics. It's about a whole range of soft skills. It's how to make the pelling argument, how to lead. These are the things that we're not currently teaching in our schools. Yeah, I mean, you could spend a day just on education, right? But just to summarize, all our educational systems are push -based systems.

55:46You get a bunch of kids into a classroom and you're trying cram algebra into them. I mean, while most of them are thinking about lunch, right? But today, if you think about how the world works, you pick a topic that you want to be interested in, you pull down the information you need to solve that problem. For anybody that's a college graduate and out in the workforce, how much of your college education are you actually using in the workplace? Answer is almost zero. And that gives you a hint of where things are going. So we're gonna go from push -based education systems to pole -based learning systems driven by an MTP.

56:17I'm kids are 12 years old about. I'm desperately hoping the entire university system collapses in the next six years before they have to go there because thank God, I hope they don't have to go through what I went through at university and be structured more and more. You put it really well when you're doing a master's degree in biotech or in a brain, right? You're getting more and more narrow. Today, as someone who's got a doctoral degree, I was in abundance. I talked about describing to my grandfather what I was working on. And I say, you see the dirt over there? He says, oh, you're an expert in the dirt.

56:48No, no, no. In the dirt, there are these little microorganisms called bacteria. Oh, you're an expert in those. No, no, no. In the bacteria, there's this thing called DNA that codes for life. Oh, you're an expert in that. No, no. In the, in there, there are these little things called plasmids. You're an expert in that. No, there's this enhancer sequence. And I'm an expert in that. So, I mean, at the end of the day, we've gone so narrow because that's what was needed. AI is going to enable us as our co -pilot to go much, much broader. But we, as Selim says, both high school and university is going to need to be reinvented.

57:26If you're doing a master's degree in neuroscience today, by the time you finish your master's degree, you're out of date. Okay? And so this is a structural issue. Our ability to teach something is being outpaced by the changes in that subject area. So we need a completely new model, where we're going to pull down the learning as we need it for whatever job that's going on. Forget the 20 years of education, and then you're out productive in the workforce for 60, year 50 years, and then you retire. We're going to have to be online, non -stop practicing learning. The most valuable colleagues and employees you have are the ones that learn the fastest.

58:03All right. Last question from Alexandru. Peter, you've shared a model of chat GPT -like platform that you can personally use for creating an MTP in moonshot. Can you please share more on how you run it and feed it? Sure, Alexandra, when you go and use it, and again, there's a free version of it right there for you, it's going to prompt you. It's going to prompt you on your MTP. It's going to start to ask you questions. But as you answer the questions based upon what you've put in so far, it's going to generate a variety of different options for you. And then you can pick the options. And so it's really a thinking partner.

58:39It's a thought partner. So when I design my MTP, I'm clear about who don't want to be a hero too. And then what are the action verbs and what is the end goal? So again, it's an iterative process. It's fun. It's easy. And again, one of the things that is important for me inside of my abundance 360 community is that every member has created a massive transformative purpose. By the way, it doesn't have to be transforming the world. Your MTP can be narrow and specific, but it wakes you up in the morning and gets you excited. And then once you have that MTP, my A360 members, have their moonshot, they're working on as well.

59:17And at OpenEXO, we now have an entire community. 25 ,000 people in 140 countries, ready to help you build your EXO and build your moonshot with advice, experience, et cetera, et cetera. We curated this book with thick help of that entire community. So come join us. It's free to join. There's an unbelievable amount of resources available. Pick your MTP and go solve for that area. So a pleasure, buddy. I'm off to catch a flight. Peter, it's been an absolute honor to share this journey with you. We almost got through, got into it with the original book, but now we're really in it and as usual, it's just so inspiring watching you You've been such an inspiration to me and so many millions of people with abundance thinking plus the mindsets plus the moonshots.

1:00:11So thank you for everything and thank you for what you've built in and spawning the original idea of an exponential organization. And thank you to our singularity university community as well for all the support, inspiration. Check out su .org as well. Take care everybody. Be well. Take care.

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