In short
Podcast Notes: Returning to the Office Won’t Work in the Age of AI Episode #135 - Moonshots with Peter Diamandis Recorded on: December 7, 2024 Guests: Jack Hidary & Nadia Harhen Podcast Description: Exploring the future of technology and its impact on humanity through insightful discussions.
---
Episode Summary In this episode, Peter Diamandis engages in a thought-provoking dialogue with Jack Hidary, CEO of SandboxAQ, and Nadia Harhen, General Manager of AI Simulation at SandboxAQ, regarding the evolving landscape of work in the age of AI. They discuss whether the traditional return-to-office model or remote work will prevail, introducing a "third way" that emphasizes collaboration, customer engagement, and community connection.
Key Discussion Points
The Traditional Work Models
A False Dichotomy
- Current Situation: The workforce is divided between returning to the office and working from home, with firms like Amazon enforcing return policies while others embrace fully remote setups.
- Jack Hidary's Perspective: Argues that both extremes lead to failure. A rigid return-to-office policy can alienate talent, while a purely remote approach can lead to isolation and lack of collaboration.
- Third Way Proposal: Emphasizes a new model that fosters collaboration across diverse disciplines, embeds teams with customers, and allows employees to work where they thrive.
The Role of AI in Shaping Future Work
- Job Creation vs. Displacement: AI is projected to create millions of new jobs while displacing others, particularly in roles that can be automated.
- Human and AI Collaboration: The integration of AI tools will enhance productivity in coding and decision-making, fostering collaboration rather than replacing human roles.
- Innovation in Drug Discovery: Nadia discusses how AI and quantum computing are revolutionizing drug discovery and the importance of interdisciplinary collaboration.
The Three C's Methodology
- Collaboration: Encourages diverse teams from various fields to work together, yielding innovative solutions.
- Customer Engagement: Companies must prioritize customer needs, embedding teams within client organizations to gain insights.
- Community Connection: Supports employees by allowing them to maintain their existing support structures, thus promoting a healthier work-life balance.
Future Predictions
- Divergence in Sectors: Companies that adapt to new models of work and leverage AI effectively will emerge as winners, while those stuck in traditional paradigms may struggle.
- Global Economic Growth: The advent of AI is expected to double global GDP, signifying substantial economic transformation.
The Impact of Leadership and Organizational Culture
- Servant Leadership Model: Leaders should focus on empowering employees and nurturing their potential instead of maintaining traditional hierarchies.
- Learning and Development: Continuous education and a culture of innovation are essential in the rapidly evolving tech landscape.
Key Takeaways
- The future of work will not be defined by a return to office or remote work but by a hybrid approach that emphasizes flexibility and collaboration.
- AI will create new job opportunities while automating certain roles, necessitating a proactive approach to workforce retraining.
- Companies must embrace a culture of continuous learning and nurture their employees as integral parts of their success.
- Leadership should pivot towards a model that emphasizes service and support for team members, fostering an environment of trust and autonomy.
Conclusion This episode encourages entrepreneurs, leaders, and organizations to rethink traditional work models and embrace innovative approaches that prioritize collaboration, customer engagement, and employee well-being in the age of AI. The insights shared by Jack Hidary and Nadia Harhen provide a comprehensive framework for navigating this transformative period in the workplace.
---
Connect with Peter Diamandis
- [Twitter](https://x.com/PeterDiamandis)
- [Instagram](https://www.instagram.com/peterdiamandis)
- [YouTube](https://www.youtube.com/c/PeterDiamandis)
- [Moonshots Podcast](https://www.moonshots.com)
Additional Resources
- [SandboxAQ](https://www.sandboxaq.com)
- [Longevity Guidebook](https://longevityguidebook.com)
Note: The views expressed in this episode are personal opinions and do not constitute financial, medical, or legal advice.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Unfortunately, the world of work now has painted itself into the following corner. Is it work from home or is it returned to office? And we're seeing examples of both of those out there, Amazon announcing, of course, hey, you're not in the office, Jan 1, you're out. Other companies saying no, we're completely all remote. We think actually there's a new way, a third way. What's going to happen with jobs here? I believe that AI will produce literally millions of new jobs. to people who want to quote unquote play the AI space. How do I invest in the AI space? What company do I invest in? The bigger way to play AI is to look at the biggest sectors of our economy.
0:38Who are going to be the winners and losers?
0:43Everybody, Peter D. Madness here and welcome to Moonshots. On this episode, we're going to be diving into an important conversation that every entrepreneur, every exponential entrepreneur needs to be having right now, which is if you are running an organization or if you're joining an organization or if you're starting an organization, do you build it around a physical office? Do you return to the office? Do you allow your employees to work from home or it's a different way? I'm going to be joined by Jack Hittery, CEO of Sandbox, AQ, an extraordinary entrepreneur out of Google. His chairman is Eric met the, you know, broke out of Google with $500 million in startup capital and they're changing the world.
1:25Sandbox, AQ, ASTANCE for AI, QSTANCE for quantum and they're transforming a whole slew of different areas with incredible success. Part of the success, Jack Hitterie states is because of their work model, their agility. So we'll be doing an interview to understand how does sandbox a queue do the work? It's the how versus the what? Again, if you're an entrepreneur, this is an episode that you're going to want to think through to decide how you're building your company or how you manage your company going forward. We just saw Amazon with a return to the office requirement. Is that the right way to go?
2:06Other companies may be following. Is this right for you? All right, let's jump into this episode. And if you enjoy conversations like this, please subscribe. It helps me know that I can serve you, which is my goal. All right, onto the podcast. Before we get started, I want to share with you the fact that they're incredible breakthroughs coming on the health span and longevity front. These technologies are enabling us to extend how long we live, how long we're healthy. The truth is a lot of the approaches are in fact cheap or even free. And I want to share this with you. I just wrote a book called Longevity Guidebook that outlines what I've been doing to reverse my biological age, what I've been doing to increase my health, my strength, my energy, and I want to make this available to my community at cost.
2:50So LongevityGuidebook .com, you can get information or check out the link below. Alright, let's jump into this episode. Everybody, welcome to Moonshots. Today we have a really fun conversation. Something that can impact all moonshot entrepreneurs, all exponential entrepreneurs, which is what should you be doing? Should you be going back to the workplace? Should be working virtually? What is the new way of work? I'm joined with one of the most extraordinary exponential entrepreneurs, Jack Hitterie, a dear friend. He's been on this podcast a number of times. He's the founder of Sandbox AQ, happens to have an incredible chairman of Eric Schmidt, who's been on this podcast as well.
3:28They've gone from zero to infinity faster than most any company I know. He is also joined by Nadia Heron, who's the general manager of AI simulation at Sandbox. As I've said before, we're going to see the emergence of $3 billion dollar startups faster than ever. These are exponential organizations that are being driven by the convergence of computation, AI, robotics, three printing, all of these technologies. And the question is, how should these companies be materializing? You get an office these days, do you find office space, do you go into an incubator, or you're starting a virtualized company?
4:11We're going to be diving into all of these things. We've talked about in the past what Sandbox AQ does. Now, we're going to talk about how they do this magic. Jack Nadia, welcome. Peter, great to see you, my friend. Nadia, great to have you with us. Peter, I think this is a really exciting moment. As you just pointed out, a lot of breakthroughs coming out of our company and other companies. And people often just focus on what is that next breakthrough? What's the next frontier that we're going to explore with AI, both on the language model side and on the quantitative model side? We'll get into that a little bit today.
4:47But what's not focused on enough, Peter, as you pointed out, is how we do what we do. And at Sandbox EQ, we've really put a big focus on paving a new pathway in that as well, how we actually organ ourselves, how do we get this collaboration done? How do you get a lot of creative minds from so many different disciplines, Peter, physics, and AI, and chemistry, and biology, and pharmacology, and mathematics, and cyber, I mean, all these things, how do you actually get creatives to work together in a way that produces on a systematic basis, breakthrough, after breakthrough, after breakthrough? And you've just published an extraordinary list to break through is I hope we'll get to that as well.
5:26But I do agree that how is so important because we have a lot of moonshot entrepreneurs watching this who are diving deep into AI and utilizing it. They've got huge world changing dreams. But question is, do you go back to the old model of how it was done pre -COVID 10, 20, 30 years ago? It's gotta be different now. Absolutely, Peter. And I think very often as humans, we know this, This is one of the condominatorski 25, the biases that condominone the Nobel Prize for, cognitive biases in our head that we fall into, the bias of anchoring and other kinds of biases. One of those biases is the false binary choice.
6:07People often get paint themselves into a corner, Peter, as you will know, that, oh, it's either this one or that one. And unfortunately, the world of work now has painted itself into the following corner. Is it work from home or is it returned to office? And we're seeing examples of both of those out there, Amazon announcing, of course, hey, you're not in the office, Jan one, you're out. Other companies saying no, we're completely all remote. We think actually there's a new way, a third way. And I'd love to hear about that, but I'll tell you, one of the things I've heard from two different CEOs is thank you, Amazon, for forcing people to come back to work, because I get to steal all those amazing employees who don't want to go back to the office.
6:48That's what we're actually seeing that already Peter. We're seeing that we're seeing actually, we literally just hired somebody from Amazon who did not want to go back to work. And so we did not seek out to get that person, but that person became available once that returned to work, a return to office policy kicked in, and they themselves put themselves on the job market. So we're seeing the impact of that. And I think this false choice of either return to office and everyone's in the old way of doing things or remote first. I want to say that even before COVID, we were already on this track of doing things a different way.
7:27This is not just because of COVID. Because technology enables it all. Technology enables it, but also we have to think about the person themselves. We call it three C's. We think about collaboration, Peter, and collaboration is about all the different disciplines. I'll let's not get in a minute to elaborate on that. Disciplines we bring together. We talk about customer. You know what it means when you don't have to be in an office? It means you can actually embed yourself with the customers. Recently, a five -person team from our company embedded itself for two weeks at one of our customers inside their offices.
8:03You know what it means to a customer for a team to go and take the time and live essentially with them? With another one of our partners, we're actually going to permanently embed about 10 of our employees in their various offices around the world. Permanently, that's going to be their place of work, it's going to be the partners offices, not one of our hubs or locations. And then of course you have community. Our mantra, Peter here, is work where you thrive. That is, don't uproot somebody and have to bring them over to Mountain View to eat burritos every day when they were in a great city in their country or their city where they have their support structure, they have their in -laws to take care of the kids, they have their university that they know that where they cultivate new talent to bring into our company where they have their community and they can engage with that community and bring in new ideas and customers from that community.
8:59That's about work where you thrive. So maybe if it appears okay, I can turn over to Nadia to talk about collaboration first. Nadia, Nadia, hello, good morning. Nadia, maybe you want to introduce yourself a bit more. It took about your background as a bench scientist. Sure thing. Sure thing. Thank you so much, Peter. It's a pleasure to be here with you and Jack this morning. I'm Nadia Haher and I'm the general manager of the AI simulation group here at Sandbox. And funny enough, when Jack spun this company out of Google, he called me up and I had just had a baby and I just bought a house. And he said, hey, we're doing this cool new thing.
9:36Do you want to come join us? And I'm like, Jack, I'm not moving. And one of the things he told me was that don't worry that this company is completely remote. We are going to work together to do amazing things in collaborative fashion. And you are not going to have to move like you did when you went to go work at Google. And that was music to my ears. I remember where you're living now. I live in New Jersey. I live in New Jersey right outside of New York City. So it was like give up this amazing opportunity or have to relocate the entire family 3 ,000 miles to the west. That's right. And I had done that before like many folks do to take these amazing tech jobs.
10:22And you have to find new doctors. You have to find new schools. You know, you you you operate your whole family. your partner doesn't have a sense of community. And so your support structure, which I think we all realized during COVID, was very, very necessary. It's completely missing. So that is a big part of thriving. I mean, here we have access to our network, our people, friends, family, etc. The whole family is happy. And so I think that community, yeah, please. Yeah, Alex, do you mind if I ask you what does a general manager of AI simulation do at Sandbox? you because that's a pretty wicked title.
11:01It's a job that did not exist five years ago in the world. Yeah, that's good. Yeah, yeah. So I work on leading an extraordinary team that is globally based to create new drugs, new types of molecules, impact the biofarmer industry, and also the material science chemistry industry, it's primarily. So as you might imagine, we have folks from all different disciplines that need to collaborate to do this amazing work. And we work across many, many different time zones in order to do that. And it is truly being able to hire the talent where they are in the corners of the planet is really a key to what has helped us be successful in putting these people in a virtual room together to collaborate and get the job done.
11:50Did you see the movie Oppenheimer? If you did, did you know that besides building the atomic bomb at Los Alamos National Labs, that they spent billions on biodefense weapons, the ability to accurately detect viruses and microbes by reading their RNA? Well, a company called Viome exclusively licensed the technology from Los Alamos Labs to build a platform that can measure your microbiome in the RNA in your blood. Now, Viome has a product that I've personally used for years called Full Body Intelligence, which collects a few drops of your blood, spit and stool, and can tell you so much about your health.
12:29They've tested over 700 ,000 individuals and used their AI models to deliver members' critical health guidance like, what foods you should eat, what foods you shouldn't eat, as well as your supplements and probiotics, your biological age, and other deep health insights. And the results of the recommendations are nothing short of stellar. As reported in the American Journal of Lifestyle Medicine after just six months of following Viom's recommendations, members reported the following, a 36 % reduction in depression, a 40 % reduction in anxiety, a 30 % reduction in diabetes, and a 48 % reduction in IBS.
13:07Listen, I've been using Viom for three years. I know that my oral and gut health is one of my highest priorities. Best of all, Vyom is affordable, which is part of my mission to democratize health. If you want to join me on this journey, go to Vyom .com slash Peter. I've asked Naveen Jane, a friend of mine, who's the founder and CEO of Vyom to give my listeners a special discount. You'll find it at Vyom .com slash Peter. Amazing. You know, Jack, you said something a few minutes ago, there's a false dichotomy here between between return to work or work from home. Each has its problems. And I just want to, you know, for the entrepreneur who is thinking about which route they go, can we just dive into that one second for each of those and then talk a little bit more about your third option here?
13:57Yeah. So let me just be very provocative explicit. Return to office as a total policy, fail. Work from home as a singular policy, fail. Just to make it super clear, I hope I'm not being too subtle, Peter. So you never have been buddy, you never have been. And I'll kick off and I'll ask Nadu also talk about some of the ways that we collaborate. For example, bringing people together in collaborative gatherings and things like that. What we realize is, yeah, there's problems with going with either of those as you're singular of focus and policy. What you want to do is you want to be outcome -based rather than be time -based.
14:37People get obsessed about, we're going to have this number of hours in the workday, how about this, how many vacation days do I have? Do I need to be in the office this day, that day, and Tuesdays, and Thursdays at three o 'clock on a leap year? I mean, this is ridiculous. Let's be outcome -based. One of the reasons why I think we've had breakthrough after breakthrough after breakthrough. Recently, the team, not you can talk more about it, had a breakthrough with PFAS, the with river chemicals, people may know that the coal -ferever chemicals are a bad reason because they don't leave our bodies, they don't leave the environment, and I'll let's not get admitted to talk about that breakthrough.
15:12But how do we get these breakthroughs from multiple disciplines coming together? What it means is you have to think about the collaboration part, then you've got to think about the customer part. Who's your partner? Who's your customer? Don't just once in a while have a Zoom call with them. Go visit them. We have a sizable travel budget, Peter, because we have to go visit these folks in person. Now that we can post COVID visit people, now's the time to go and do that. Yes, we use some Zoom, of course, but we like to go physically see the customers, see the partners, work with them, understand what their issues are, how they're working together.
15:50So you're effectively trading? You're effectively trading real estate expenses for air markets. That's correct. So NetNet, we're actually saving millions of dollars, Peter. Our CFO did the numbers. He's the number sky, 30 plus years at Priceworth as Cooper's. This guy knows numbers. And he was an auditor of public companies before that. This guy is really, really solid. And what David said is that we're saving money. Look at the numbers. By not having all these permanent offices all over the place, we're actually saving millions of dollars. And we're taking a portion of that and we're spending it on the collaboration gatherings, the off sites, visiting customers.
16:31But NetNet, even with all that, we're saving millions of dollars a year. So this is a great way to boost your company's productivity and output. And it's also way to save money. But Peter, the most important thing, the theme is outcome -based and treat people like adults. And so, for example, we have in the US unlimited vacation policy. We're not here to say, oh, teacher, can I please take a vacation day? Can I take, you know, Thursday, 3 p .m. off? I have a doctor's appointment. Three people like adults. Three people know what to do. And if you're outcome based, if you use the OKR system that we learned so well from Google, let's remember John Doer's book, right?
17:13On OKRs. Let's remember the early days of Larry and Sergey and Eric thinking about the OKR system. That is a powerful system to communicate what? To communicate where outcome base we're looking for that breakthrough? How you get there? That's for you to shape. You as a team, for you to shape. We give budgets to teams like Nadia. Nadia is empowered to decide what to do with that. Nadia, maybe you want to jump in and talk about why do we meet in person here and there different cities, often with universities in mind, to our in that city. Yeah, yeah. You know, we're we're outcome based and what that means is that we have very ambitious schools.
17:52We're trying to revolutionize drug discovery. We're creating chemicals and matter that hasn't ever existed before. And how do you get a group of people that are, you know, located all across the planet on that singular mind share? And that is really the purpose of an offsite is to have this purposeful mind share around strategy, around goals, around sprint cycles. And I will tell you that there is research that shows that you have to bring people out of their comfort zone, take them out of their environment, they're a kind of regular office space to boost that creativity, to enhance that problem solving.
18:30And we come out of these off sites and we tend to do them in locations that are inspiring. We go to the mountains, we go to the sea, we go to universities where there is a lot of mind -sharing inspiration and things to draw upon. And when we leave these off sites, people are so impassioned, so excited, you can see that there's all this momentum. Everyone is rowing in the same direction. And it really carries us through to the next off site. And so you end up having a few of these over the course of a year. And you don't need an office. And office is very casual. You know, people come home from the office, they're tired.
19:10You know, people leave off -site, they're excited. So it's very different. You always can't answer a quick question. What do you think Amazon is literally forcing people to come back to work? What's their thesis there? What do they believe? Well, not to comment on Amazon specifically, but in general, I think why we're seeing a lot of large companies go with RTO is that number one, they have a sunk investment, right? In other words, they have some sunk costs in huge infrastructure. Sure. Often they own these buildings or have very long -term leases to these massive buildings all around the world and certainly in their headquarter locations.
19:46And that is an asset that needs to be used or something's going to happen to it. It's not a great time right now to try to sell these things because, of course, many other companies are not using these kinds of platforms. And so, you know, one reason I think we're seeing it is people want to leverage the investment they've made prior to COVID and then during COVID, you know, things continued. Number two, I would say is there's a lot of traditional thinking. Really, just to be honest with you around, you know, people need to be in one space. And I understand people say, hey, there's a spontaneity when you're physically in the same place.
20:21We agree with that. That's why work from home alone is a fail. We agree, Peter, with the contention that just working from home, just working verbally does not work. When you're working from home, you're lonely, you're cut off. It doesn't give you a through line in the keel, but at the same time, returning to the office doesn't... I love your point about actually assuming everybody's an adult, and that they can... if they've got key objectives they have to hit, allow them to manage themselves. If you don't have that belief of them, they shouldn't be working for you. Exactly, Peter. And also, let's talk about cross pollination.
21:06So it's one thing, and if you look at most return to office, what are they returning to? The return to offices where their team is there, but how about cross team? How about the fact that a place like Sandbox AQ, we've got a team working on BioFrama, we've got other teams working on chemistry, we've got other teams thinking about AI and new in very exciting ways, we want to get those teams also cross -pollinating with each other. So some of these gatherings might be with some parts of one team and some parts of another team coming together. And by the way, who also shows up at one of those off sites, we have our HR folks, we have our recruiters.
21:40Let the recruiters listen in. Let's see what's happening. Have the recruiters imbibe so that they know the kind of talent. And let me come back to talent Peter because part of what fueled our thinking about breaking through, not just on what we do, but how we do it, was the talent issue. When we started getting resumes, both when we were inside of alphabet and then post -spin out, we realized the talent is everywhere, Peter. The talent is in Europe, the talent is in Northern America. There is a geographic opportunity here of massive scale. Exactly. Now you say somebody, hey, I know you have a great support system around you, living in Austria, living in France, living in Spain, living in other countries around the world.
22:27But by the way, we're going to uproot you now and you've got to live, you know, 10 ,000 miles away where you don't know anybody and to not just point before, don't have that support structure. Is that a good recipe for a great work environment? Well, just like with Lunaria, you would not have gotten her if you'd been made that demand. Exactly. Now how big is your team and how distributed are they? And how often do you meet? Yeah, so our team is about 60 or so people at the moment. And we work across six, seven different time zones. And it is, we are intentional about where we hire, depending on where our customers are as well.
23:04So we can also organize ourselves to service our needs a little bit better. So we have folks out in Europe to service our European customers, it has allowed us to scale much quicker because we have these pods everywhere. You know, we didn't have the hub and hire people into the hubs. We created the hubs around the people, which I think is another key distinction here as well. And Jack, I want to, you said it in passing, but I want to just take a second to spell it out. Your triple C strategy, your third way, not work from home, not return to office, but the triple C. What do those C stands for again?
23:40and just take a second to hit those beats. So Peter, there's a third way. We do not have to fall into the false dichotomy of either return to office or work from home. The third way that we are pioneering that others, I think, are taking a cue from from us. We literally have people calling us, asking us to visit and understand this third way is the three Cs. The first C is collaboration. We have so many different disciplines. and the work of today in the future, Peter, and all companies is going to be collaboration across disciplines, both in the workplace and also in academia. Look at some of the most dynamic universities.
24:18Look at Arizona State with Micro. Look at Michael Crowe, what he's done there. Breaking down barriers of departments, breaking down silos. The same thing in the most successful companies. Breaking down barriers and having people collaborate. In our particular company, it's even more pronounced because we've got 80 plus PhDs in our company. We have another 70 engineers in our company. They have come from many different disciplines, pharmacology, chemistry, physics, engineering, AI, all these different areas, and of course, software coding and taking that domain expertise of the PhDs, putting it into reusable, scalable, software code.
24:57This is a whole workflow that involves many different disciplines. So collaboration is the first C. The second C is about the customer. Jeff Bezos talks so eloquently about customer first thinking. We agree with him. I think he was one of the pioneers to really focus on how do you really put yourselves in the shoes of the customer. That's something we take from him. A lot of what we talk about Peter and our company is take the best from all the different cultures you've been in and let's bring it together. That's kind of the birth of the three C's. We cut it, got around people from many different companies.
25:34Many of us came from Google. We took the best of Google. But also we thought about other cultures. So the second thing is about the customer, not just treating the customer like a transaction, but really thinking about what's their point of pain. And you know how to find that out? You got to go and be with them. You got to go spend time with them, not just in their workplace, but also, for example, let's say you're both going to a conference, set up a time, a special dedicated time on the side of that conference. If you have your team and their team go out, have a dinner together, spend a lot of time understanding what they're up to.
Read the full transcript
26:09And the final C is community, community and connection. So maybe it's two X -Racies, but we'll put them in one. But community and connection, what is that about? That's about work where you thrive. It's about what is your support structure, Peter? You know, very often a company says, as we're here to support you, and they might have great benefits and so and so forth. But the fact is supporting someone means that you wanna recognize and respect where they are gonna work best, where they're gonna live best, where they're gonna thrive as people, where they're gonna realize their potential. In example, they may have a local university that they love that they wanna take more courses at.
26:50They may have a set of family and friends around them that can support them. And let's say they want to have kids. You know, if you're having kids, you don't have a support structure around you, God bless. Okay, that's gonna be difficult. That's gonna be difficult. So to have your employee, it's more fulfilled employee because you can't support all the stresses at the same time. And if you've got, you know, if you're able to have your home life and your emotional and social life thriving, it gives you more capacity to give to your company. And let me say, you know, a number of things that people have said before is that we think of company as a community.
27:30Sometimes people say it's a family. I think that's not the right term. Families are different. You have your crazy uncle who comes for Thanksgiving all the time. You can't un -invite them, unfortunately. But workplaces more like a community. We respect each other. We treat people like adults. We are outcome -based. We set forth clear goals. And by the way, where do those goals come from? They don't come from on high from Mount Olympus, okay? They come from the conversations and the offsites themselves. It bubbles up, Nadja has been running a great process with her team. What is going to be our outcome goals for 2025?
28:06Once a year, Peter, once a year we gather the whole company. We're still small enough, we can do that, and we choose a university city. Last year we did it in Palo Alto at Stanford. This past year, right now, this past few months, we just did it at Cambridge Mass at Harvard MIT. We're choosing some new cities now, so if you're in South Africa, how frequently do you have these meetups? Go ahead and not do. We want to talk about that in your team. Yeah, yeah, yeah. So we have our company White Offset, as Jack mentioned, once a year. Just because we're getting so large, we used to have them twice a year when we were only, you know, three people.
28:45then we became 50 people. But now we just do that once here. Our team itself, so we meet, and our team is becoming so large at AI simulation. We meet once here as well, but what the subteams do, so our engineering and product and UX team will meet together. In fact, they just had an offsite out in Vancouver. Our drug discovery team will meet together. That's about a group of 20. And so we have these little pods. And so there's always touch points going on and depending on what work is being accomplished, we have different cross -functional teams that also are invited to those meetings. And so there's not a lot of time that actually passes when you're not interacting in person with your colleagues.
29:26It may seem as though, well, you're always at home, but you're really not. You're with a customer meeting and understanding their pain or you're with your colleagues solving for that or you're with your family. And so people are just able to be a lot more well -rounded and taken care of and accommodated in this sort of setting. 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 a company I started years ago with Tony Robbins and a group of very talented physicians.
30:00You know, most of us don't actually know what's going on inside our body. We're all optimists. Until that day where you have a pain in your side, you go to the physician and they Berncy 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.
30:49It'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. Myz will find out when you can take action. Found 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 foundlife .com, backslashpeter. 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.
31:36If you go to FountainLife .com, Backslash Peter will 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 FountainLife .com, Backslash Peter. It's one of the most important things I can offer to you as one of my listeners. All right, let's go back to our episode. Peter, if I can talk about another innovation, which is that, of course, what is the role of the senior executive in this new 3C structure in the third way?
32:12What is the senior executive supposed to sit in some ivory tower in Mount Olympus and send out commands? No. That is a prescription for failure. The senior executives, we believe in service leadership, and that's something that's embedded inside the third way, which is flipping the whole pyramid. It says that as a senior leader, my job is to ask Naja, Naja, what do you need to succeed? For greed on outcomes? For greed on outcomes for 2025, let's say, Naja, what are the resources you need? And along the way, how do we adjust and make sure you have those resources? Resource doesn't have to be just money and budget.
32:47It could also be Naja telling me, hey Jack, I really need your help opening the door to that partner. I need your help opening the door to that particular customer. I need advice on how to work in the university. to help her succeed. That's right. That's my job. That means that the senior leadership, we've got to be on the move. Yes. And then the next job is to help her team succeed. And that's my job. Yeah, and the same way. Agreed. And I love that. It is a service mindset from leadership. And I've seen so many companies absolutely fail when the CEO's got this massive plus real estate office and it's like, you know, come and pray at the temple of.
33:26Yeah, I don't have an office peter on purpose because my office is typically traveling and recently I just flew to New York in order to be with one of the team off sites. It was really exciting. Time they're dealing with a number of different ideas about what's their next roadmap. They're not sure whether to put this feature first or that feature. They're having a lot of very good discussions. Not my job to decide by the way. I did not apply on that particular point. I was there just again to support and understand how could I be helpful to that team. And then a few weeks ago, I flew to a different off site to pop in there and see how it could be helpful there.
34:04And so as senior leaders, what I tell my senior leaders when I bring them aboard, you got to sign up for this. This is something that is not typical. You're not going to be showing up at an office and clocking in and once in a while. As a senior leader, we have a bigger burden. Yeah. Do you make an investment in the employees' home office? Absolutely. So we make a lot of investments when people are onboarded. The first thing we do is make sure they're set up well in a home office. I can ask Nadia to talk more about that. I want to talk about something else though. There's also skill sets that we invest in.
34:37I'll give you an example. Every single person that gets onboarded into our company gets media and presentation training to give speeches, to give talks. Why is that? Here's another part of the third way, Peter. In the old way, in the big companies of the world today, you are not allowed to just go and give a talk on behalf of the company if you're not the CEO or one of the senior leaders. You've got to go get permission, fill out three forms. I've been involved in several large companies in my career and it would take months sometimes for me to get permission to go give a talk. And Peter, I've had some experience giving talks as you know from your conferences.
35:14And you do a beautiful job of it. And thank you. And so it was a frustrating experience because I wanted to represent the company. I wanted to let people know about the incredible things that company was doing. We flipped that script again. What we do is we say to everyone the default position is yes, go give that talk. Don't ask permission, don't fill out forms, go give that talk. By the way, we're treating like an adult. Here's a folder on our drive that has all the materials that you can use in your talks And sure enough, we've had hundreds of talks given by our folks over the past two, three years.
35:50That is some stark contrast to a number of, let's call it the trillion dollar companies out there today. I won't name names where, you know, I'm speaking to a division president or a senior VP or whatever and it's like come and speak at this event. I'm sorry, I'm not allowed to. It's kind of insane. I'm sure people, you get this when you ask people to come to your podcast. I can't be like, oh, I have to go get permission, right, to come on your putt. And why people doing that? We consider everyone in our company, our advisors, our full -time employees, ambassadors. In fact, not just the people, we also have this residency program, and I'll ask Knight to talk about that.
36:29And we consider them ambassadors. Maybe Nadja, you wanna talk about that a little bit in terms of how we empower people to go out and speak on behalf of the company, and also the residency program. And let me just frame this one second before you jump into that for everybody listening. If you're an entrepreneur, if you are a senior executive and employee to company, the whole conversation here is to show you a third option, a new way. And especially if you're a founder, CEO, here, the value of becoming an exponential organization. And Sleeman, I wrote about this in exponential organizations 2 .0.
37:11And talking about the speed of change is not, there's an impedance mismatch with the old ways of doing things, the old ways of working from the office. And if you really want to create a truly exponential organization, it is this geographic arbitrage getting access to employees around the world. that's setting up the infrastructure to enable that agility, which is probably the single most important asset you can have. Highly over structured organizations will fail as there is rapid iteration and change in how we do things. And just that's the frame I really want to bring this for folks to listen to.
37:52Nadia, please, over to you. Yeah, one of the really incredible things about sandbox and it's part of our core values is that we have this incredible learning culture, which is I think fits into that community and connection. See, and as part of that, we believe in continuous education. We love to hire the folks that are tinkering and are experimenting with AI or at the edge of things. And so we often find ourselves you know, like having our off -sites at these universities, recruiting from these universities. We have programs because we're at the edge of technology. We actually have to train the next set of folks that might want to come work for us because these skill sets don't naturally exist.
38:37They're not learning this stuff. And so we have an entire education team that works on creating course work and various degree programming at NYU as an example of this. And so this learning culture and creating a community around it It is really deeply rooted in who we are. I appreciate that. Jack, first of all, I hope you'll write this up as a third way and get this out. Let me dive into a slightly different direction here, which is Jamie Diamond recently said, the next generation of employees will work for three and a half days a week and live to 100 years old. I agree with the 100 years old part and more.
39:20At least 100 years. At least 100 years. Yes, exactly. But hey, don't get me a star out there. I'll take you on, buddy. But the three and a half days of work, if you love what you're doing, I don't know. I play seven days a week in what I do. And it's always a balance between a home and work and everything. But as I was on stage with Tony at one of the abundance of Tony Robbins, and the abundance of it's recently, we talked about, it's not life -work balance, about life work integration. And I think that is really what you're talking about. How do you integrate this in a way that's meaningful? What do you think about these predictions of Microsoft Japan tested a four -day work week and productivity jumped 40%, Jamie Dimon's comment about three and a half day work weeks?
40:12What's your thought about that? Here's my prediction, Peter. I think that the best organizations, the exponential organizations, the organizations that have breakthrough to breakthrough Be it in our tech sector or be it in other sectors will be organizations that treat people like adults that are outcome -based When you're outcome -based, you know what falls away? Nursery school games like how many hours should I be working today? How many days and which days and so on and so forth? We really consider this very very old language. That's a signal when someone kind of is talking about that at a company I'm like, okay, I get where you're coming from you're getting from you're coming from the old idea of periods and schools and reading bells and bells and factories and you know why do we have periods and bells ringing in schools right we know that we know because it came from the industrial age from the factory and so and so forth.
41:04Is this really where we want to go as humans? Is this unleashing the human potential? I don't think so. So sure there may be some roles and jobs but I think those are going to change also. Maybe we can jump and leapfrog also Peter now into talking about human -nord robots because when people say, okay, Jack, that's all well and fine for the kind of skilled work that you all are doing with physics and chemistry and breakthroughs in new medicines for Parkinson's and Alzheimer's. But how about these distribution centers and warehouses? How about light assembly? What are we going to do there in terms of hours and so on and so forth?
41:40What I would say is hold onto your seat, Peter, because big change is coming. people are underestimating, underestimating the impact of humanoid robots. It's moving very, very quickly. Amazon has got a pilot right now with three or four of the robot companies. We'll see announcements. I'm sure I have no information from Amazon, but I'm sure we're going to see announcements in the next 18 months from Amazon. I actually know a lot about that. I just wrote a report called the Mediterranean Report. And folks can get it Mediterranean Report .com. which is I looked at probably about 40 of the human art robot companies and reported in more detail on 16 of them and the predictions right there are billions of dollars flowing in obviously Optimus 2 and Optimus 3 from Tesla.
42:29We've got figure AI with figure 2 and figure 3 coming online right now We've got Apollo We've got digit from agility these are robots that are working in industry today. The numbers folks should realize are the following, right, these are two arms, two legs, 10 digit robots able to do most all things they're enabled by multimodal AI, meaning they can see and understand what they're seeing, they can have a conversation with you, understand what you're asking for, communicate back. And the price points, these level of complexity, you can get to a price of typically dollars per kilogram of weight for a system of that complexity.
43:14And both Elon and the CEO, Brett Atcock, of Figure AI predicts at $30K for a robot that you could buy it at, translation that's leasing it for $300 a month, which is $10 a day, $40 an hour. What's it like if you have a minimum wage job at 20 bucks an hour and you're competing against a robot working 24 -7, no drug testing, no problems with their boyfriend or girlfriend? I think we're going to start to see a lot of those jobs, you know, sort of transformed into some other job. Yeah, look, I do think that we have to get ahead of this. Amazon has put together a billion dollar fund to get ahead of this proactively and say, this is a retraining fund.
44:05They're going to start training the hundreds of thousands of people. I'll let them speak for themselves, but just as an observer, I'm impressed by the fact that they're taking a proactive stance. I'm sure Walmart will be doing that pretty soon. Walmart's got 2 .5 million people in that company of which 2 million are folks working in the warehouses and distribution centers. and we know where that's going. When we look at Zara and other companies who do fast fashion and have factories in just five spots on Earth, what's gonna happen is you're gonna start seeing basically new factories pop up in all kinds of places that didn't pencil out before, but now pencil out with human or robots and guess what, those plants, those factories would be very near the main street where they're gonna sell those goods, taking fast fashion from 10 weeks now, down to maybe five days, right?
44:55That's going to be much faster fashion. I know people are very excited about that. I believe that. So both of you guys, I mean sandbox, AQ, ASTANCE for AI, QSTANCE for Quantum, just for folks, to realize that deeply embedded in the AI world. So let's talk about AI employees. So there's predictions of I'm going to be having conversations and working with individuals who are fully AI agents, and I'm going to communicate with them. I'll be on Slack with them. I'll be on Zoom's with them. And they interact with me as if they are employees, but they're actually AI's. How far are we from that? And how do you think about integration into your workforce?
45:39It's happening already. First of all, let's look at coding. Coding essentially is the parrot on your shoulder, the copilot. that we and others are already seeing, say, a 10 % increase in productivity. Microsoft is reporting greater percentage productivities across some of the customers who've really adopted it. I think that's gonna happen. I think I would expect a benchmark of 25 % increase in productivity in coding using a AI as your co -pilot. So essentially that's an AI agent that you're interacting with and is helping you create the code but also most importantly, debug the code. That's often what takes the longest in the coding process and also think about interactions.
46:21As you know, recently there was a massive outage of more than 8 million computers because of the CrowdStrike update. That's something where an AI agent, a little more sparse in the system, could have looked at that interaction of that update and those systems and realized, hey, I think we better not press this button on this update, on a Friday and destroy the entire planet. And so AI agents, I think, will help us in that way. And so on the coding side, absolutely. I think there'll be a lot of AI agents also that will be really good at brainstorming with us. I think it's really good as a socratic dialogue to have an interaction with an AI agent as your brainstorming a new feature, as your brainstorming a strategy.
47:06Again, it's not that the AI necessarily comes up with a strategy. That's not really the expectation, but I do think it's really cool to have that dialogue, have somebody really push you who's not a human. You know, the study's shown now, Peter, that people are more willing to open up to a robotic therapist, to an AI therapist than a human therapist. I mean, feel less judged. Yes. And also, they're not rushed. You know, it was interesting. There was a one of the American Journal of Medicine published a paper on empathy. And the AI agents were judged to be like, you know, I don't say it was maybe 4x, maybe it was an order magnitude, more empathic.
47:48So, that reason, you don't feel judged by an AI. And the AI doesn't say, I'm sorry, I've got another patient waiting for me, it just gives you as much time as you want. That's extraordinary. I used to think that empathy was the last bastion of human uniqueness, but perhaps not. Yeah. And then I think, you know, another way of looking at this is, as you know, Peter, the kind of AI that's being talked about right now, that's the obsession in the shiny object right now is large language models. And certainly it's going to have a big role just like we said. It's going to have a role in talking to us in a dialogue in helping us code.
48:21That's all the large language models. But we are pioneering and others now joining us in pioneering quantitative models. And maybe Nadia can talk about the interaction. How do you see these two coming together, the quantitative side that's so important and the language side. The language side, of course, trained on social media comments, Reddit, cat pictures, great for some things, but not necessarily right to create a new drug or those kind of innovation. So, AI agents who are quantitative AI agents, Naga, maybe you can help us there. Yeah, please tell us about what is an LQM. And LQM. So the way I think about LQMs is, which is large quantitative models, right?
49:02Well large quantitative models, that's right. It's physics -based, it's first principles -based. And so you are calculating from the ground up, from first principles, the way atoms and electrons and molecular properties behave in the presence of other atoms next to them. It's simulating matter effectively from the ground up and using that data then to train ML models on. And that is what we do at Sandbox EQ. So we don't start with a corpus of information. And the key thing there is that it allows us to move into new spaces where data does not exist. Right. So LLMs really rely on existing data.
49:42And it's wonderful. We have a ton of data. And that is going to be a highly impactful space. And we've seen it already. But it will have its limitations. And that's where we really see the possibility of LQMs impacting new types of materials and batteries and chemistry and creating new types of, you know, drugs and various things that just can't possibly exist today. Help us extrapolate way beyond what we know in the material universe. Jack, you published recently a paper on sort of the breakthroughs you guys have had in recent past, which was impressive. Do you mind just taking some of those off with Nidia's support?
50:21Yeah, I'm going to talk about one or two of them and Nidia, please do so as well. Well, just want to first pick up on Nudge's point on first principles. E -Line is very famous for coming back to the idea of go back to first principles thinking. And others, I think, are now also focused on that. And that's a big mantra for us. Don't just start with data that's out there. Start to think about what are the principles? What are the equations that can generate data, pristine data, data that then talks about that dynamic relationship of that electron to that electron. That is truly the first principle.
50:54the principle of down to that subatomic level. So, really proud of the work of the team. I'll just cite a few things that are happening right now with quantitative models. Let's take, for example, navigation. More and more in our world, Peter, and you know this, you are so focused on space and aviation and so experienced there, you know that GPS is brittle. GPS cannot be relied upon anymore. It's being jammed in large portions of the world. It's out here and there. and so pilots around the world are having difficulty, both in the civilian space and into the defense space. And the team, a very small team at Sandbox EQ, literally just about 11 people, again, using the three Cs, using this approach that we talked about, embedded themselves with various customers who have this massive point of pain.
51:43They've been on site with the United States Air Force again and again and again, flying up in their planes, particularly the C17. The Air Force has spoken publicly about this, so that's what we can talk about this today. And just recently, completed a two -year testing cycle that resulted in the final C17 run, where they flew up with our AI and the sensors. The sensors are feeding a huge amount of quantitative data about the magnetic field of the Earth coming from a quantum sensor. And that data has to go into a GPU, in Nvidia GPU in this case, and have that AI that we developed, reading that in real -time Peter so that it can look at the map of the world, the magnetic map, and look at where the magnetic field is underneath that plane, and then figuring out where it is in space, in the airspace.
52:37And sure enough, we pass that taste. What they do is they take you up in a C -17 Peter, and without letting you know when it's going to happen, they shut off the GPS four times in that lengthy flight and you, your AI, has got to navigate that plane. But most people don't realize is that GPS is being spoofed in some places. It's giving you the wrong signal which can drive you or fly you into territories that you don't want to be in. And no one's going to spoof in any way, shape, or form the Earth's magnetic field. So, yeah, you'd have to have another Earth and bring it over here, which I don't think you'd have any time soon.
53:13But the point is that that's a breakthrough that happened with a very small team. You know, Margaret Mead said, never underestimate the power of the small team, a committed small team for change. And sure enough, and that's the only thing that will. And sure enough, that's what we have across Sandbox Mead. We're split into smaller teams that have their own ability to innovate and collaborate. So that's an example where I don't see how either return to office would have resulted in that breakthrough or work from home. There's no way that either of those would have resulted in this breakthrough, where we had to spend weeks on end at the customers.
53:47We had to bring in experts from all around the world to make this happen. There's not many people I think that would have been. Agility is the key word for it. Agility of your team, the ability to form and reform both in space and time as needed. Real quick, I've been getting the most unusual compliments lately on my skin. Truth is, I use a lotion every morning and every night religiously called one skin. It was developed by four PhD women who determined a 10 amino acid sequence that is a syndolytic that kills senile cells in your skin. And this literally reverses the age of your skin. And I think it's one of the most incredible products.
54:31I use it all the time. If you're interested, check out the show notes. I've asked my team to link to it below. Alright, let's get back to the episode. Now, do you maybe want to talk about PFAS or some of the other breakthroughs we recently announced? Yeah, I'm worried about these forever chemicals and people don't realize we're poisoning our world. And as a mom and, you know, I bet you that's something you think about. Please tell us. Absolutely. It very much hits close to home because we know today that PFAS, it's a set of chemicals that are unable to be broken down. They're man -made, they're in the environment, they're in or drinking water.
55:07and we know today that babies are born with them. I'm nine months pregnant and my baby might be born with PFAS. And you're nine months pregnant right now? Yeah, I am nine months pregnant now. Oh my God, thank you for joining us. Wow.
55:22But, you know, I mean, they're, that thank you so much. But it is such a problem for our industry. One of the things that we are extremely proud of at Sandbox is that we were able to breathe computationally for the first time in human history, that bond energy of a PFAS molecule. And that is the first step in figuring out how to degrade this from our environment, but then also to create new alternative PFAS, right? That have the same properties that we know and love so much. We love our teflon. You know, we love our waterproof coats and things like that when it rains. We love these materials. They're very useful, but they're extremely toxic.
56:04And so, you We're very hopeful that with simulation technology, like the ones we've built today, and bringing together the teams to make these world records, to break them, to continue to collaborate in this way, on these break -throughs are really, it's a proof of our model here at Timhax. I want to talk about your predictions, Jack. You know, I spoke about this a little bit before. What are your predictions for the future of work here? And people are fearful of AI and humanoid robots taking their jobs. How do we deal with that? Interestingly enough, all the predictions thus far to date have proven false.
56:49All of the ATMs that we thought were going to take away all the banking jobs, or more banking jobs, and ever before, or all the computers are going to take away accounts, jobs, or more accounts, and ever before. How do you think about this? few things for a SOPEEDER. We're going to see huge divergence within every sector. We're going to see winners and losers, and we're going to see that happen on the basis of both the use of AI, or lack of use of AI, and also how they do the work they do. So in terms of AI, if we see a company out there, let's say, for example, take the automotive sector, and we see a number of companies out there, and some companies will adopt AI, And of course most of the old companies will use large language models for customer service and they're going to have some productivity, some cutting of costs probably measured in the single digit millions to tens of millions.
57:39Great, everyone, that's table states, Peter. Everyone should be doing AI based customer service and those kinds of areas, predictive maintenance, for example. Again, everyone should be doing that as well. But there will be some automotive companies who say, we're going to actually use AI in this deeper way to create the next product. We're going to create a new material. We're going to make the car out of a material, for example, using more carbon composite as one idea that's going to lightweight my car so that whether I'm using gas or less or whatever I'm using, it's going to be more efficient.
58:11The same thing can be said in the battery and energy industry. We're going to see that divergence as well. the same thing in Pharma. There'll be some Pharma companies that take hold of this AI and use it to cut it from eight, ten years down to one to two years of pre -clinical work and really have a high success rate in clinical trial and there's others that will be slow adopters. And so that's the first day of verges, but the second vector of divergence is going to be how they do the work. I'm going to put a bold, you wrote a book called Bold Peter, I'm going to put a bold prediction out here.
58:42Those companies in the big sectors of our economy that choose to either go down the rabbit hole of return to office only or work from home only. I think they become the codex and Westinghouses and Polaroids of the future. That's my predictor. Blockbuster the list here. Blockbuster and so on and so forth. And so what I think is going to happen is companies that really want to thrive, companies that want a great workforce, companies that want to have a global footprint because that's what their customer base is, global, then they're going to choose a third way. We're putting out one idea for a third way.
59:17People listening here, Peter, should maybe think about their own third way and how to take the three C's and maybe combine them in different ways. I don't think there's one size fits all. This works for us and I think others can take some of the elements. But one big message we're trying to share, Peter, is don't get locked in. But so here's my big message to people who want to quote unquote play the AI Space what how do I invest in the AI space what company do I invest in? It's actually a red herring just to look at the AI companies themselves Peter what I would suggest to people is The bigger way to play AI is to look at the biggest sectors of our economy finance Pharma energy so and so forth and say who are gonna be the winners and losers?
1:00:00You're going to see a vast divergence over the next five to six years. If you're talking about something in the warehousing distribution space, such as a e -commerce or retail, are they going to adopt humanoid robots faster than their competitor? Are they going to be more efficient in how they do that? Look at Amazon. They've been back to Agility. So this is what's not spoken about Peter. People get obsessed with the AI companies themselves and great to get the attention. Thank you. Fantastic. But the bigger point not discussed is how are we going to see this divergence in the biggest sectors of the traditional economy?
1:00:37I agree. I do want to take your prediction here. What's going to happen with jobs here? Oh, on jobs. Let me start and then I'll try to nod you as well. Well, I believe that AI will produce literally millions of new jobs. Yes, there'll be some displacement within certain job categories where, for example, if right now you're somebody who's picked back and shipped into warehouse, I do think that an AI -driven human or a robot will take that job. And by the way, that's going to save a huge amount of ergonomic stress and injury, you know, onto humans. And we've got to get proactive. Again, Amazon being proactive, I hope others start to do that as well to say, hey, that person's job is going away.
1:01:21So there are specific jobs that will go away, but let's find a new role for that person. Net net over five to ten years, I think the net is millions of millions of new jobs, whole new job categories as well. So very optimistic about that. Naja, get your opinion too. Sure. I mean, you know what the way I see this going is that we're just going to have more human AI collaborations. It's just going to up level everyone's thinking it's going to up level people's roles. It's going to create new roles as Jack mentioned and It will have new products right we will have personalized technology solutions personalized robots personalized AI Assistance personalized agents.
1:02:00I think it's going to hit the consumer market in a pretty unique way in the future But what that will do to the workforce, the employees, to really focus us on critical thinking and decision -making and Outcomes -based metrics which are set up here with the three C's really Empowers us to take advantage of Peter, let me add to that prediction. Mickey even more pointed today's global GDP is roughly 110 trillion per year GDP of the world 110 trillion per year US is about 25 % of that my My prediction to you is that as AI flows through both on the language side and on the quantitative side creating new value, new products, new pharma, we're going to see a doubling of the GDP of the world.
1:02:47Now that's a bold prediction because what economists are used to is talking about a 2 % increase in global GDP, a 3 % per year increase. That would take many years right to get to a doubling. That doubling is going to happen pretty soon. This is something Peter, you've talked about so many times in singularity, in other exponential and abundance in other places. We are not mentally prepared as a side right now. I agree with you. This is the roaring 20s from a multitude of different reasons. As soon as you get labor and cognitive costs diminishing and dividing by zero leads you to infinity. It's an extraordinary world ahead.
1:03:25Absolutely. So I do think that the best organizations, if I can make a prediction, Peter, are going to be outcome -based. They're going to treat people like adults. They're going to take the best of multiple parts of these models and move ahead in their own way. They're going to make use of AI in all its forms, physically embedded AI, physical formula AI, which is robotics of all kinds. It could be a human or a robot. It could be an arm that's used and we'll also see revolutions in terms of the interaction of Humanoid lighter robots along with the big industrial robots that we're used to seeing.
1:04:02We're going to see the use of AI in all kinds of community and also again in mental health as well. There's a mental health and loneliness Epidemic in our country when we think about older people the idea of retiring has got to go away I'm not saying people should work for every in the sense of the kind of work we think today, but the point, the kind of work you do, Peter, when you say, you don't even feel like working, right? Because you're doing what you love. Anybody who wants to, a good argument for not retiring Google, the correlation between retirement and death. That's right. As soon as you've given up on a purpose in life, having a purpose is one of the single most important things.
1:04:41And having something to look forward to, a friend of mine says, having a future that's bigger than your past, right? That's, that is a vibrant life. And hopefully, as we see the health span revolution materializing, that is able to give people the vital energy and you're not in pain. We'll see people wanting to desire to work because our birth rate's been dropping. We need that as well. I mean, it's an extraordinary world ahead. And Peter, let me just say if we can marry that longevity that we're getting with the golden age of education. And I'm not sure if I can continue this education. Exactly.
1:05:17So I have a friend, 54 years old, just became a doctor, started medical school at 50 age of 51, just graduated. She's gonna become a practicing doctor now, not because this is the best way to earn money per se. She wants that, she dedicated to this idea of spending the next 30 years of her life practicing medicine. And that's a beautiful thing. Let's encourage more of that, right, where we want people to have second and third whole pursuits. I'm not even using the word career because I think that's an old term. Not if you have any thoughts on that. I kind of think about it from the drug discovery side.
1:05:58You know, one of the key areas for us is in neurodegend and you know, it's sort of our near term beachhead. And as we solve for that, the next thing to go after is longevity, right? from, not explain neurodegenerative. What are the kind of diseases in neurodegenerative? Sure. Sure. So neurodegenerative diseases, I mean, these are Alzheimer's parking since... Neurodegenerative diseases that affect us at the end of our lives. And if you live long enough, you will be subject to them. And I think we will live through a world with the help of sandbox where we see these diseases be treated very successfully.
1:06:33And so then you look at life expansion. And it's coming back to all the things that you all were saying. I mean, that is the ultimate final frontier of medicine. Peter, we're very fortunate at Sandbox, they queued to have one of our new partners and customers as the Michael J. Fox Foundation for Parkinson's research. And they've asked us to use R .A .I. to help the labs that they fund accelerate the breakthroughs, accelerate the treatments, accelerate biomarkers. And we had the opportunity and the privilege just a few weeks ago to attend the Michael J. Fox Foundation gathering where Michael J.
1:07:14Fox was there. I'm getting emotional talking about this because it is an emotional subject. It is very inspiring to see him, to see the 22, 23 years that he's dedicated to this. He's raised over $2 billion in this period of time to galvanize to invest in research And now AI is coming to help. It's coming to accelerate the work that he has funded and others have funded This is an incredible moment Peter Peter if I can turn the tables for me and ask you You're somebody who speaks to folks like us. You're somebody in touch with so many people at the edge What are you seeing from your vantage point in the growth of the exponential organization, be it a for -profit, be it a university, be it a nonprofit, what excites you about this moment in time to jump to the exponential organization?
1:08:06Yeah, I appreciate that. You know, one of my funds is a group called exponential ventures out of Adba MIT with Dave Blunden and what we're seeing and find young teams out of MIT in Harvard because they're, they pull in from around the world and they're there and they're what exactly you're saying, they're in a foxhole situation where they're finding out, oh, I like this gal, I like this guy, they work hard, they're smart and they form sort of a nucleus. And today the incoming MIT freshman, 70 % when I start a company, right, which is extraordinary, never was that way. And a lot of those are AI companies.
1:08:49And so I think there is a two different drivers today. One that people want to do something that's meaningful. They just don't want a job. They want to contribute to society. They want to have the ability to be part of a massive transformative purpose. And the second thing is they want to have the agility to live their life where they want, how they want. And I think old -style companies trying to recruit into very structured formats are going to have a hard time competing, just very fundamentally. And I think the tools of collaboration that were, you know, listen, COVID gave us a gift and that gift was driving a new expectation of how we work, sort of breaking the old model and giving us a set of collaborative tools that everybody adopted.
1:09:43I think we're also going to see this transformation hitting education too because today we still have a very old school educational model in elementary, middle, high school, college, all of that. So a lot of transformation coming, how we work with each other. Agility for me is the number one sort of measure of success. If you multiply intelligence times agility, you get magic. That's great Peter. No great great to get that point of view as well. Also shout out to our friend, Dub Siamen, for writing the book called How. It was written before this period of time. So, but he really focused also on integrity, on the focus on making sure that when you're working with people, there's openness, there's transparency.
1:10:34I also got inspired by that book as well. And I think you're right Peter. It's probably time for us to write this up, to write up the three C's, to write up the third way, and to show people there are alternatives. You don't have to jump into one bucket or the other and suffer the consequences. If you need to give the heads of HR, the employee -based, the executive -based tool to use a data guide. Playbook, yeah, so that they have, because today we just default to the old ways of doing things. It's our cognitive biases you spoke about earlier. Let me just say to both of you, thank you. Jack, I am grateful to call you a friend, a board member, trustee of the ex -price, one of our most nuclear power source.
1:11:26I call you that every time, the loud out amount of energy, enthusiasm, and - Plutonium is right here. Yeah, buddy. I know it is. And Nadia, what a true pleasure to meet you, you're brilliant. And I look forward to deepening a friendship with you as well. So everybody, here we are, there's a new way of work. It's the three -seize approach. You know, I agree with what Jack and Nadia have said, you know, return to office, very limited and working from home, very limited. The question is how do you provide the agility to become an exponential organization to really employ exponential entrepreneurs who are adults that you believe in, you give them outcome focus objectives and let them do their work on income burden.
1:12:13And I love what you said, Jack, as a leader, whether you're running a division of AI simulation, what a cool name that Nadia has or whether the CEO of the company, helping your team succeed, breaking down their service leadership. You guys, thank you for all. Excited to have you back on the moonshots podcast to hear the continued breakthroughs. And I love that forever chemicals are going to be broken down. Forever no more. Exactly. Exactly. That's right. That's right. Well, great to be with both of you, Peter. Thanks for hosting us. Nadia, thanks for joining today. Thank you guys. Thank you both so much for having us.
1:12:53Be well.
From the publisher
In this episode, Jack and Peter discuss the future of work and whether returning to the office or working from home will be more successful in the age of AI.
Recorded on Dec 7th, 2024
Views are my own thoughts; not Financial, Medical, or Legal Advice.
Jack Hidary is a leading entrepreneur and visionary at the forefront of AI and quantum technology as the CEO of SandboxAQ, raising over $500m in funding. He is the author of forthcoming book AI or Die and the influential textbook; Quantum Computing: An Applied Approach. A serial entrepreneur, Hidary co-founded and led EarthWeb/Dice from inception to IPO, and co-founded Vista Research and sold it to S&P/McGraw-Hill. Jack studied neuroscience at Columbia University and was a Stanley Fellow in Clinical Neuroscience at the NIH where he applied neural networks to brain imaging.
Nadia Harhen is the General Manager of AI Simulation at SandboxAQ, where she harnesses the power of AI and quantum simulation to revolutionize drug, material, and chemical discovery. With over 15 years of experience spanning R&D, product management, and regulatory operations in the life sciences and technology sectors, she has driven innovations from combination device R&D at Johnson & Johnson to AI-based medical devices at Google. Nadia’s leadership has secured regulatory clearance in 70+ countries, advanced groundbreaking therapies, and opened new markets for cutting-edge technologies.
Learn more about SandboxAQ: https://www.sandboxaq.com/
Sandbox AQ’s 3C Success: https://www.sandboxaq.com/press/sandboxaq-publishes-scientific-and-technical-milestones-for-quantitative-methods
Pre-Order my Longevity Guidebook here: https://longevityguidebook.com/
____________
I only endorse products and services I personally use. To see what they are, please support this podcast by checking out our sponsors:
Get started with Fountain Life and become the CEO of your health: https://fountainlife.com/peter/
AI-powered precision diagnosis you NEED for a healthy gut: https://www.viome.com/peter
Get 15% off OneSkin with the code PETER at https://www.oneskin.co/ #oneskinpod
_____________
I send weekly emails with the latest insights and trends on today’s and tomorrow’s exponential technologies. Stay ahead of the curve, and sign up now: Blog
_____________
Connect With Peter:
Twitter
Instagram
Youtube
Moonshots
Learn more about your ad choices. Visit megaphone.fm/adchoices




