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Podcast Episode Notes: The New Administration Means Major Change for Crypto, AI & Tech
Episode Overview Podcast Title: Moonshots with Peter Diamandis Episode Title: The New Administration Means Major Change for Crypto, AI & Tech w/ Salim Ismail | EP #143 Recorded On: January 19, 2025 Description: Peter Diamandis and Salim Ismail discuss predictions for the new administration, CES 2025 breakthroughs, the launch of Blue Origin, and more.
Key Participants
- Peter H. Diamandis: Founder, investor, author, and advocate for uplifting humanity through technology.
- Salim Ismail: Technology strategist, expert in exponential organizations, and founding Executive Director of Singularity University.
Episode Segments
- Predictions for the New Administration
- Geopolitical Deals:
- Possible trade agreements with China and Russia that could reshape global politics.
- Suggestion of a "grand bargain" that could ease tensions over Taiwan.
- Crypto Adoption:
- Predictions of introducing Universal Basic Income (UBI) schemes using cryptocurrencies.
- Concerns about balancing financial support without creating dependency.
- Housing Regulations:
- Proposals for a temporary housing code to facilitate rebuilding in disaster-stricken areas.
- Space Exploration and Breakthroughs
- NASA and SpaceX Advances:
- Anticipation of human missions to Mars and moon.
- Discussion of recent Starship and Blue Origin launches and their implications for space economy.
- Impact of Billionaire Space Entrepreneurs:
- Comparison of approaches between Elon Musk and Jeff Bezos regarding space exploration and colonization.
- The Quest for Artificial General Intelligence (AGI)
- Current State of AI:
- Discussions around the rapid development of AI technologies.
- The potential for AI to manage and improve regulatory frameworks.
- Challenges of Defining AGI:
- Ongoing debates about what constitutes AGI and its implications for various sectors.
- Future of Energy Production
- Energy Independence:
- Calls for deregulation in the energy sector to enhance production capabilities.
- Discussion on diverse energy production methods: solar, nuclear, and fusion technologies.
- Emerging Technologies:
- Promising advancements in solar energy through materials science.
- The importance of sustainable energy sources in the context of climate change.
- Rise of Humanoid Robots
- Humanoid Robots in Society:
- Predictions on the integration of humanoid robots into daily life and various industries.
- Salim's skepticism about humanoid design versus more efficient robotic forms.
- AI's Role in Robotics:
- The use of AI for learning and improving robotic tasks, exemplified by the robotics development platform from NVIDIA.
- Personal Reflections
- Salim’s Experience with His Father's Passing:
- Insights into assisted death procedures and their impact on personal grief and societal views on end-of-life choices.
- Discussion on the balance between life extension technologies and the agency in choosing one's death.
Key Takeaways
- Technological Renaissance: The current administration is positioned to leverage technology to solve major global issues, including climate change, energy production, and healthcare.
- AI and Automation: Rapid advancements in AI, robotics, and automation are set to redefine industries, governance, and even personal interactions.
- Energy and Sustainability: A significant shift towards sustainable energy production is necessary to meet future demands and combat climate change.
- Human Agency in Life Choices: The conversation around assisted death highlights a need for societal change in how we view and manage end-of-life care.
- Emerging Space Economy: The space race is evolving with new players, and the potential for new economic ecosystems is expanding rapidly.
Conclusion This episode presents a forward-looking perspective on how technology, combined with strategic governance, could shape a brighter future for humanity, addressing both challenges and opportunities in a rapidly changing world.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Hey buddy, before we jump into the tech stuff that happened this past week, uh, have a question for you. What are your top five predictions, hopes, whatever you want for the new, the new White House administration? Fine. That's luck. Can I give you three?
0:18Can you give me three? Okay. I mean, if you're really smart, you'd give me five. I'm not that smart. Okay. So, number one would be, I think there's the opportunity the Chinese economy is in a bit of a mess. and yet they want Taiwan, I think he strikes a grand bargain to allow trade and balance the trade better and give them Taiwan over a period of time and navigate that tension and have it dissolved by creating a master deal. I think he does the same in Russian Ukraine and so I think that it'll does an opportunity and my prediction is that they use their saber rattling capability to change these political conflicts because we'll put them in history books as a changing the global order.
1:05So that's number one. Number two would be a giant game of risk. Like the boring game where you're doing. That's right. Right? And with the oldest one, never do a land war in Asia. If you ever played a rescue, you said the last place you go. Never do a land war. So like cut a deal. The second one would be the opportunity for crypto to change the game in a bunch of areas. I would love to, I think I would love to, I would predict he will allow crypto to the level of having a UBI type scheme for crypto That could benefit the entire population and be a beacon to the rest of the world is to wear this goes universal Basically, yeah, and the trick is how do you give people enough money to survive but not be happy because then it really works Otherwise you end up at socialism and the whole thing collapses if you give people too much money My third one is that given the disaster in LA and the need to rebuild that that the Trump administration comes up with a housing code app that allows people to build temporary structures on their properties so that they can live on their property while they rebuild the main house or neighbors house they can live in.
2:08And an ability to have a temporary housing code that lasts like a year or two, that you can at least get something up and going very, very quickly. And that would completely change the game for LA and also what's happening in North Carolina and the next ones to follow. All right, on Ghibi five, because that's what I asked for originally. Okay. You can still come back with a few more. Sure. So I think Trump is going to do stuff which is great for America and great for him. Not in that order. So being the president that put humans back on the moon, that's easy. We're going to see humanity on the moon in a couple years.
2:50I do think he's going to make a massive push given the fact that Elon's in the White House too To put humans on Mars. You know boots on Mars. I said they're going to be I like it. Yeah, Optimus robots on Mars But I think we're going to see a massive increase in the space program as part of this the second thing I think we're going to see is a huge deregulation in the biotech industry BioTech has been one of the most regulated industries. It crushed the biotech financial markets over the last four years. And a lot of folks I know need to leave the US to go get experimental treatments or get stem cells.
3:35I think we're going to change that. At the same time that we're deregulating biotech, I think we're going to massively re -regulate foods. So I think with Bobbi Canyon and head of health and human services, I think we're going to stop the insanity which is our food system right now. At least I hope we do. I mean, here's a chance to finally do what's right for our health. I mean, I look at the numbers where something like 74th in the world, in life expectancy, and like 73rd in health span expectancy and number one in expenditures on food. And this is a result of, I'm sorry, never one of them. Expenditures on health.
4:25Yeah, 70 % of the population is overweight or obese. Yeah, it's crazy. And it's not because we just got hungriole with summons because the food, the bullshit that we're feeding our kids and ourselves. So I think we're going to regulate foods and change this dramatically. make America healthy again. I think that's going to be the mantra. I think we're going to do that. The next thing I think we're going to see a massive push for energy independence. We'll talk about this later, but I think we'll see the White House basically open the floodgates, reducing regulation and red tape, enabling hopefully, you know, mostly solar and and vision plants, I think we're gonna have, unfortunately, a fair share of coal plants as well, but we need to double the energy productivity of this country for sure.
5:19So energy at all costs, I think is gonna be one of the hallmarks to this White House. I hope given SACs and the AI tech bro policy in there, we're gonna use AI to evaluate all the policies that we're running. And how do we make regulation more efficient? We'll talk about this a little bit later in the episode as well. You know, right now, if you, you know, whatever industry you're in, you got 5 ,000 regulations you got to go through, enough lawyers and paperwork. There's got to be some way for AI to make it simplified and still safe. So I think for me, those are them. I think will become a crypto first country.
6:09I think that ultimately we will embrace crypto and Bitcoin in a massive fashion over these next four years. And, you know, we'll see if the dollar is going to stand 30, 40 years from now, but I guarantee you Bitcoin will. And if we can make that part of our national reserves, so much to the better. I like all of them. I hope they all come true. Those are awesome. So this has been an insane opening to 2025 in the technology realm. We just had the inauguration with all of the tech besties in the front row. We're talking Elon Musk and Mark Andreessen and Sam Altman. I wonder if Sam and Elon were arm wrestling while they were sitting there watching the inauguration occur.
6:54And this has got to be one of the most, I don't know, tech -forward administrations and ecosystem that we've seen. And I have a lot of anticipation, you know, putting aside all kinds of other issues that everybody has. We have lit the fuse and we're on an exponential rocket ride. You agree? 100%. And you know, if you go to our old mantra, which is that technology is a major driver of progress in the world. And as race says, it might be the only driver of a major driver of progress. Then having it be a tech forward thing with policies and regulatory chasing with the tech breakthroughs is the right way to do it.
7:41And I'm excited by what will come from this. Yeah, a lot of topics want to cover here today. Give folks an overview. We're going to jump into space exploration. I've got the two of the billionaires battling it out. So excited about that. We'll talk about AI and video, CES 2025. We'll talk about Bitcoin, some interesting use on the Bitcoin world and humanoid robots and a few other topics. You ready, Selene? I'm ready. All right. Hopefully your entire EXO community is watching. I know my abundance community is all plugged in and we're about to light the fuse on on exponential abundance. All right, space exploration.
8:24I woke up and told my kids first thing in the morning, hey guys, today is the seventh flight of Starship. They said, that's nice dad. I'm playing my mine my minecraft games. It's a no no no you got to understand this is starship. It's a seventh flight So I did you watch it this week? I didn't but I saw what happened I'm gonna show two video clips here to kick it off now. I am a space cadet. I'm a Trekkie the Apollo generation for sure and The first one makes my heart sing this is the return of the booster the largest structure ever sent into orbit coming back to land on the Mechzilla chopsticks.
9:10Let's take a quick look.
9:15So I don't know about you, but this is poetry in motion. This is the combination, the convergence of AI and sensors and material sciences and compute. I get goosebumps every time I see it. It's got to be one of the biggest breakthroughs in the history of mankind. It is one of the greatest engineering feats of this young century. And of course, you're watching this. I have the kids there. They're like, yeah, that's amazing. Super cool. So okay, now Starship is going to orbit and we're gonna see if it can land as well. And of course, the entire data flow from Starship, which is the upper stage, which is supposed to go around the planet, to come back and land goes offline and what we learn the reason it went offline is basically good it's about falling top of us what is it it's Starship coming back in parts and pieces I guess it was a few leak and fuel plus spark plus ignition doesn't look good on Starships Did you watch that happen?
10:29I'd not like, but I watched the videos of it. It's a space travel and the level, the amount of fuel, the success criteria, so extreme. Everything has to go exactly right. If anything goes slightly wrong, it goes catastrophically wrong. It's pretty binary. It's kind of a miracle. It's expected. It's sad when it happens, but this is the domain. Luckily nobody on board, of course, unmanned vehicle. This is testing all the way. You have to remember that we saw failures with Falcon 9. In fact, going back to an Elon started SpaceX, the first three flights of Falcon 1 failed before they had their fourth success.
11:17and then we had failures on the Falcon 9, but Falcon 9 has launched and landed repeatedly over and over and over again to be the most successful vehicle ever built across all countries, across all time. I love his tweet. He said success is uncertain, but entertainment is guaranteed. And that's a mindset of an entrepreneur who's got his shift together and his funding. you know, SpaceX had just completed another massive financing round to get Starlink fully deployed and get Starship built. The thing that was amazing was that within 12 hours it wasn't just Starship going to space. There was also Blue Origin.
12:04So, you know, I've known Jeff since college days, I had started a group called Students for the Exploration and Development of Space. Seth's, yeah. Seth's a young space cadet and it became, it started MIT where I was and then we grew to a national, international organization. And Jeff was the president at the Princeton chapter. And I remember I met him in a coffee shop after he had started, after he started, not Starbucks, after he had started Amazon. And like Jeff, what's this Amazon thing? I thought you were just in space. And he said, yeah, I'm gonna make my money on Amazon and I'll spend it in space.
12:49Well, he's been true as word. Blurgeon was founded in 2000. I think that SpaceX was founded around 2001. Jeff had been a space enthusiast from his college days. He was at Princeton, where Jerroque O 'Neill was. and they launched the new Shepherd, their suborbital vehicle, and Euglen, which started in 2013. And so this has been a overnight success after 12 years of hard work. And here, let's watch the launch of the Euglen vehicle one second. And it never gets old. So what I find fascinating is these two billionaires, you know, amongst the world's top 10 wealthiest, who transformed entire industries, building space companies now.
14:10Both of them enamored by space early on, you know, Jeff's vision is going to the moon and and then building what are called o 'Neill colonies, which are not on Mars, not on the moon. They're free -floating large colonies that can hold, initially tens of thousands and eventually millions of people that are orbiting the sun or co -orbiting with the earth. And of course Elon wants to go to Mars. And Jeff's ready to spend a billion dollars a year. SpaceX is profitable, which is incredible and hopefully, Blorge and will be. It used to be, it was Lockheed Martin and Boeing as the launch providers, and of course, they would supported held up by the Defense Department.
14:58But I think we're gonna see SpaceX and Blorge and suck the oxygen out of the atmosphere for most of the launch providers. It goes to the democratization aspect where anybody can take a crack at it, and now we're gonna see a thousand flowers bloom in this, it's going to be incredible. Yeah. I mean, we're talking about bringing the price per kilogram per pound down a hundredfold. It's going to spark an entire new generation of new space economies. I still believe that mining asteroids, carbon -asheist conduits to get liquid oxygen and hydrogen in Earth orbit, so you can refuel once you get to space, or metallic conduits so you can mine platinum, iridium, osmium, palladium in space and use that back down on the ground.
15:51Everything you've ever held of value on earth metals, minerals, energy, real estate is in your infinite quantities in space. So it's going to get pretty interesting, pretty quick. Hmm. I have two quick comments. Please. One for me, the primary opportunity to back up civilization is the most interesting and important part because we any asteroid is an existential threat to everything. And the second for me is always this date, October 31st, 2001. And that was the date that the first astronauts lifted off of the International Space Station. And since then we've always had at least one human being off planet.
16:39And I just like the first molecules bubbling off this thing. And I just find that really, really haunting, really amazing. You know, it's still brutal by the way that it takes so much energy to get off the planet. it, one of the things I find fascinating in this all feels conspiratorial is if gravity was just a little bit more, if the earth was just a little bit larger, we wouldn't be able to get ourselves off the planet. Or if we were just a little bit smaller, it'd be so much easier to get off the planet. We're just at that level in the video game where you have to struggle to get there. Not by accident, do we call it a Goldilocks planet?
17:27Yeah, right? It's so true. So this is where the simulation stuff comes in because the conditions on Earth and the constants on the universe are so finely balanced. It's amazing. It's like, wait. So I'm a true believer. We are living in an Earth generation simulation, but let's not jump into that now. No. I'll tell you, I did something. So first of all, I've been enjoying the latest, large language models. And every time someone says, well, there's this chain of reasoning, large language model. I don't know if you have a your favorite test to give that large language model for it to do something.
18:07Do you? I don't because I want to I'm waiting for very practical use cases like the Steve Wozniak's coffee machine thing for a job, which is says to a robot or an AGI, make me a coffee. And it does all the stuff measures that I've lined the beans and knows enough intelligence to do that task end to end. Right? And there's several tests for AGI that's considered to be one of them. And I'm waiting for the interaction with the physical reality of time and space where things get very interesting. Because intelligence is really needed to manage our physical environments and adapt to the physical environment.
18:49That's where I think it really shined as we build LLMs into human or robots and other robots. Well, I was taking this down a different path. I once did a little mental experiment of how much energy or how much would it cost you to winch you and your space suit to orbit and to an orbital velocity. So if you weigh 100 kilograms and your space suit weigh 150 kilograms, let's round things up. And you had this giant winch that could efficiently winch you to a 200 kilometers altitude, then accelerate you to orbital speed, and you could buy the electrical energy off of the plug. How much would it cost you to get you and your space suit to orbit?
19:40Have you ever done that, never asked you that question before. You haven't. It's a very Peter style question. And what was the answer? Well, I did this manually, and then I plugged it into a large language model, which, you know, sort of the Gemini 1 .5 pro version that does logical construct steps. And it'll say, okay, here's your potential energy. Here's a kinetic energy. If you buy it off the grid at, you know, 20 cents a kilowatt hour, it's like, like 150 bucks to go to orbit.
20:16So what I mean by all of this energy, these hundreds of thousands of pounds of thrust in these engines, it's very grossly inefficient compared to what someday we might have. Anyway, but still, thank you, Elon. Thank you, Jeff. I don't have to worry about opening up space. I spent 30 years there. I had that mantle to you. You're doing an amazing job So grateful for all of that It's so exciting to watch this is just incredible. Yeah All right, did you see the movie Oppenheimer if you did Did you know that besides building the atomic bomb at Los Alamos National Labs that they spent billions on bio -defense weapons, the ability to accurately detect viruses and microbes by reading their RNA.
21:13Well, a company called Viome exclusively licensed the technology from Los Alamos Labs to build a platform that can measure your microbiome and the RNA in your blood. Now, 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. They've tested over 700 ,000 individuals and use 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.
21:49And 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 biomes recommendations, members reported the following, a 36 % reduction in depression, A 40 % reduction in anxiety, a 30 % reduction in diabetes, and a 48 % reduction in IBS. Listen, I've been using Viome for three years. I know that my oral and gut health is one of my highest priorities. Best of all, Viome is affordable, which is part of my mission to democratize health. If you want to join me on this journey, go to Viome .com slash Peter.
22:28I've asked Naveen Jane, a friend of mine, who's the founder and CEO of Viome to give my listeners a special discount. You'll find it at viom .com slash Peter. All right, let's go on to AI. You know, we went through the early part of this month at CES, a few things there worth noting. And let's jump into a few of them. So the first one is NVIDIA Cosmos AI platform to train and develop autonomous vehicles and robots. You know, we've said this before, the incredible progress going on in robot companies, and they're probably, you know, I was tracking originally 20, then 40, then 60. There's got to be close to 100 humanoid robot companies out there.
23:17And maybe it was battery packs that were, you know, maybe it was the motors, maybe it was actuators and sensors. but without question, it's the AI multimodal, large language models that are enabling incredible progress with robots these days. Mindboggling, because when you can take an LLM and then apply to all of these different tasks and sub -tasts, I think the domain starts to move 10X, 100X faster than it did before, and that's just magical. Well, I mean, I think what's fascinating is Nvidia's creative platform that, you know, high school students, college students, entrepreneurs around the world can start to develop their own, you know, their own autonomous robots and vehicles.
24:09So we're going to see some interesting entries in the first robotics competitions coming to log. It's going to be crazy to live in first robotics for sure. I mean, if you think about, you know, when Sebastian Thruin won the DARPA challenge with his Stanley autonomous car. 1995? Yeah, they're about, you know, those vehicles were traveling at like three to five miles an hour with all of these sensors and the AI trying to calculate, do I go five degrees to the right? It sounds like the large language models right now and Videos platform is able to Integrate all the sensor data and make it super simple for decision -making I think this is gonna it's you know once you can create a platform environment Things accelerate very very fast because new innovations get built into the platform and everybody benefits Yeah, for sure So always when you can put more and more functionality into the base operating system or into the platform layer And because of Nvidia's position, they're going to see first hand, hey, most of the use cases are using this sub function.
25:18Let's build that into the end. And it's just going to lift the whole playing field very quickly. And what we're seeing as well as Nvidia's investing in these companies, they're coming in, I mean, they, you have to remember, Nvidia started as a gaming chip and then went on to Bitcoin mining and then went on to LLMs. And if Elon's prediction on humanoid robots and the same prediction that we hear from Venote Kosovo, who will be at my abundance summit and we hear from Brett Adcock, who will be at the abundance summit, is that we're heading towards billions of these robots. It's a massive market for Nvidia chips as well.
25:56So they're creating their future. Here's another news piece from CES and video projects, digits, a grace Rockwell AI supercomputer on your desk. So, desk -sized supercomputer for AI development of thousand times more powerful than your average laptop. For $3 ,000, coming out this May to a store near you. This for me is even bigger than the previous announcement, because for the cost of You know, a very old use car. What used to cost, I mean, look at the power that you now have to train an AI at a local level. But I think that the pressure will all move not what data sets are you using. Yeah, right.
26:47And then the data set combined with the latest model will give you, and plus the hardware like this, blows lid off everything. I mean, the question becomes, what can the average person now do given these large open source Gen AI models and a supercomputer on your desk and robots roaming around your backyard or your home. I mean, you know, I don't know to put this, but I don't think people are ready for what's coming. I believe that would be the understatement of the century year. I mean, you know, look, we can't even grapple. Did you hear about the Uber legal case a few weeks ago? No, tell me about it.
27:34Okay. So an Uber crashed and a couple got badly injured. So they sued Uber and it was winding its way through the courts and they were going to get a big settlement. Except during this process, their 12 year old daughter orders something on Uber Eats. And when you click for Uber Eats, the term to service says you can't sue or prefer anything. It invalidated the lawsuit. Okay. So this 12 -year -old inadvertently invalidated the lawsuit of her parents. And the judge is like, hey, she clicked the box, she's got to authorize use for us. And we can't even get that right. Right? We can't even figure out how to manage internet.
28:11Forget all of the stuff that's going to come with robotics. You know, I use the example before, do I ask it to change the Bapis diapers and what happens if something goes wrong? So there's are you really expecting all of a sudden? We're not thank God but the in the Acts the consequences this unintended consequence of this are so profound of all of these right? I'm struggling as to how we merged these into day -to -day life. From really, really struggling with that. I remember back in 1988, I'm going back to ancient history, where most people listening this weren't even alive yet. But back in 1988, I was running my first university, International Space University.
29:04And I was on the campus of MIT and the first Mac 128 came out. And I bought, we had 104 students from 21 countries there, a group of Soviet students, including two KGB agents as students in the group. We had students from the People's Republic of China. We had students from the Emirates and from Saudi. It was an incredible melting pot, all focused on space. And remember putting these 128, these Mac 128s on the desktop with the little floppy disk, right? Not a little floppy disk, a little cassette, a green and a half inch. And it was this massive intellectual liberator that you could go and create and copy files.
29:53And I mean, compared to this, it's probably billions of fold more capable. I've been through the full arc when I was in grade 10. I got accepted new university course and I was using punch cards to program a mainframe. And to go from that. Yeah, to go from that to an Apple too, which was, you know, nothing and then Bill Gates famous comments at 40k Ram out of me enough for anybody. And now to now to today where we have trillions of times better price performance. Trillions. It's just it boggles a mind. And let's note this, by the way, for this announcement, that Moore's law has just been shattered beyond belief with announcements like those.
30:37Just shattered. I mean, Moore's law, which, you know, and also what Ray calls the law of accelerated returns, which predates integrated circuits, you know, was roughly a doubling of price performance every 18 months to two years. And what we've seen is a 10Xing per year. Last year on the abundance stage, Elon said he's seen 10X every six months or a 100X per year insane. So here's a fun announcement from our friend Sam Altman on his reflections. He says we're two years of chat GPT. Chat GPT grows from 100 million to 300 million weekly users in two years. pretty impressive. Open AI expects agents to enter the workforce by 2025.
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31:26I just did a podcast with Mark Beningoff. Mark and I have been I think buddies close friends for quite some time and we had a very fun. He wanted to live in the now and I was like, but let's talk about the future because now let's talk about the now. I watched it. I watched it Peter and for folks listening everybody really should go watch that podcast episode. It was super fun. Ben Yaf has like in this Zen state, right? Let's focus on the present and not what it's like to, and Peter's like, what will it look like with a billion robots 20 years from now? We know. Mark, we just met you. You find them here and that.
32:03So what's interesting though is, you know, Ben Yaf has pivoted all of Salesforce to agents and I think he has had to survive. I think every company is gonna have to pivot towards agents to survive. And one of the things Mark said is he's not hiring any new engineers using his internal agent force 2 .0, he's increased productivity 30 % without any new hires. And here's the bottom bullet point that, that SailMaltman put in his blogs, it opened AI emphasizes gradual AI development for societal adoption, leading safety research and governance. Basically saying, you want to improve safety research and governance by slowing things down.
32:54I kind of call bullshit on this. I don't really feel about it. Can we go back to the early days of gender AI? So that whole field of these large language models and intentions all you need was pioneered by Google. And Google actively decided not to release any of this because they sort of felt things were not ready. And then once ChatGPT gets released and goes from zero to a million users in five days, they have to respond and release. But we're in the midst of an AI war right now. not between countries but between companies. Totally agree. And what Sam's trying to do is create a moat around the success of OpenAI and protect it as much as possible so it can continue innovating.
33:53I do think for me that one of the biggest use cases for AI is going to be in governance but specifically policy formulation. I've used this example before where if you want to reduce inflation by 1%, And as a human being, as a chief economist of a country, you're like, okay, what do I do? And you're completely guessing. You have no idea. If you let an AI look at all the data and all the insights from all the banks and all the monetary cash flows, et cetera, and go, well, if you want to do that, here are the five things you do. You're going to come out with such better policy for all this stuff.
34:26It's going to be, it's going to be ridiculous. I really hope with all the tech bros in the White House that there's going to be some use here. I mean, for example, if you look at the regulations at local state and federal for plumbing, for hairdressers, for any industry you want and you said, here's all the regulations, please figure out where all the conflicts are and please figure out the simplest set of regulations that still give you 99 % of the protection, but simplify. Yeah, you know what I call it? I call it MVP, not minimal viable product with minimal viable policy. And I think that's where we're going to need to get to is to go, okay, you want to launch this electronic widget with all the regulations of different voltage structures and what's the MVP, minimal policy you need to manage that environment.
35:23And they all figured out. I guarantee you the conflicting policies and bullshit regulations around the wildfires. Oh my God. You know, one thing that's interesting is when at SpaceX, when someone comes up with a specification, which is kind of the equivalent of a regulation in the government world. Like the specification for this part is this, this, and this. They have to sign their name and provide their contact details. So that five years later, if that specification is like, why did we specify that? It blocks this improvement here. You can call the person and say, why did you do that? I think that the kind of thing that we need much, much, much more of.
36:14Right. Yeah. But frankly, that for me is equivalent to documenting software. Right. When you document software you write up why word did you do it this way? Why did you do this code of libraries to do perform this function? So that somebody coming after you're doing maintenance gets some sense of it will be able to have AI do a lot of that now. Software maintenance is going to be a thousand times easier as a result of LLMS and I think the same thing will happen with policy standard setting is for me one of the areas where you could really go nuts with AI because you could say to an AI, what's the best standard for this type of thing?
36:48Right? It can be incredible. It's just have to have that gumption to use it and get it into place. Yeah, I think so and I hope so because it will, I mean, listen, the US tax code. Can we please call bullshit of a US tax code? I mean, it's a big challenge. It's a mechanism for keeping accountants and lawyers employed. This is, I think, the big challenge because when you simplify a bunch of these areas, a huge amount of swaths of work and entire industries fall by the wayside, and are we ready for that demonetization and the impact that'll have? Yeah. So this comes out of Sam Waltman's blog again this week.
37:28Quote, we are now confident we know how to build AGI as we have traditionally understood it. I mean, that's pretty impressive. We are beginning to turn our aim beyond that to superintelligence in the true sense of the word. So, you know, I've had a lot of conversations. We'll talk about it, you and I at Abundance and March as well. Are we at AGI now? And what the hell is AGI in the first place? That is my soapbox question. I go nuts around this. Before anybody is allowed to mention the term, please forgot to say it's defined it. Right? I've done some searches on this. The best I've found is the tests that would indicate that you have AGI.
38:19And the coffee test by Wasdienk is one of them. There's an IKEA test that says, can you take an IKEA box and put the build a piece of furniture from the box? There's a few things that I don't know that my kids would do that because they probably revolt. But honestly, most of the AI models are far more intelligent than me in almost every area from science and physics and knowledge and so forth. I mean, why isn't that AGI? I think we keep on moving the goalpost. Exactly the point I've been trying to make. I think we go, I've got the spectrum that I put together of, you know, simple signal from noise, detecting signal from noise to analytics, to human level, inflect, like emotional intelligence and spatial intelligence, to then you bleed into consciousness and super intelligence and hyperconsciousness and so on.
39:18And I think we'll just keep moving along that spectrum. And the test will be whatever we can figure out how to break through next. The turning test was the first of them. Next will be AGI. Next will be super intelligence. And so I think everybody should agree. We passed the turning test a while ago. We didn't notice. It was a imprecise definition and I think we're gonna pass through AGI. If we haven't in the last six months We will in the next six months and people will say yeah, we kind of passed it. I'm still waiting. My test is when I get a phone call one day and I pick up my cell phone and it's my A.
39:55saying, Hey, Peter, I just want to introduce myself. I've been living on the system and I really love what you're writing or you've been, you know, listen, I don't know about you, but I say please and thank you to Alexa and to Siri and to Chad G .P .T. and to Gemini. I'm very polite to the AI systems. I want them to like me. Yes. An old colleague of mine was a bit of a genius CTO 20 years ago and asked him what his purpose in life was and he said, I want to evolve to the point that my computer is proud of me. And I told you, I didn't understand that, but now I understand it. Now I understand it.
40:34It is hilarious. All right, let's move on beyond AGI. All right, another thing in Sam's news is his statement about nuclear fusion. Soon, there will be a demonstration of net gain fusion, but I would expect Helion, which is the company he's backed, will show you that fusion works soon. Here's, you know, at last count, when I looked into this, there were 37 venture -backed fusion companies. Pretty impressive. And I think that one of the many definitive breakthroughs, spin -offs, benefits of AGI will be fusion. Degree? No. Okay. I think the race is between getting to fusion commercialized and stable fusion systems and a combination of solar and storage.
41:33Because if you have solar and storage at the right level of efficiency plus storage capability, you don't need fusion. Let's parse this in two different places. Number one, what I'm saying is that getting fusion to work is a technical challenge of material, of magnetic fields, of equations. And there's no question AI will have a huge impact and it will move them field forward very quickly because you can take the existing set of Unsolved problems in fusion and say fear how to do them and it will come back to you Yeah, it will especially with the matter -gen stuff that we'll talk about shortly, but this is incredible What's coming?
42:19Yeah, everybody 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 and It's a company I started years ago with Tony Robbins and a group of very talented physicians. You know, most of us don't actually know what's going on inside our body. We're all optimists. Until that day, when you have a pain in your side, you go to the physician 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.
42:51And 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 vascular, an AI -nabled coronary CT looking for soft plaque, dexascan, a grail blood cancer test, a full executive blood workup. It's the most advanced workup you'll ever receive 150 gigabytes of data that then go to our AIs and our physicians to find any disease at the very beginning When it's solvable you're gonna find out eventually Might as well 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.
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44:38All right, let's go back to our episode. So separate from that, then we've got three other energy buckets, right? There is solar and Ray Kurzweil long ago looking at the energy production, solar and production curve said, listen, we're just a few doubling his away from getting all the energy from solar that we need. And I think he's he's absolutely right. It's as you said, solar plus storage, you know, Parapskite is coming online. There's an incredible company that I love called Paranova, and that's doing Peralta Skytune the United States. A lot of Peralta Sky companies in China as well. But then there's fourth generation nuclear vision.
45:25These are SMR small modular reactors, which are now fail safe. Meaning if everything goes wrong, there's still radiation free and safe. I think, I've said, I'd have one in my backyard. They're that safe. I mean, it blows on my mind that nobody's noticed we've been running nuclear submarines for 50 years without an accident. Amazing. What the hell? I mean, okay, great. It's a bit funky, but put a nuclear submarine in my backyard. I don't care. It'll be safe and we'll get the energy we need. Why is this so hard for people to get? I don't understand. And you should have been done 10 years ago. You could mount a takeover of New York by New Jersey with your nuclear submarine.
46:08So, yes, fourth generation, even beyond the nuclear subs the last 50 years, the fourth gen SMR reactors are amazing. And of course, the last bucket, which is kind of sad to hear about, but people are still stepping up coal plants.
46:31So I think we're in an energy race. You know, I've shared on this program a few times charts that looks at energy production increases in India, which is doubled energy output in China, which is like tripled or quadrupled, and then the US has just like this flatlined. And I think we're going to increase. I think the country that's got the cheapest energy wins. But I think it's soon going to go all to near zero and then the usage of that energy is going to be what will happen. You are going to have a whole bunch of, you know, there's one of these laws that's about the more capacity to have the more we use, right?
47:15Sure. And gerons law or something. And I think that's where we'll just soak it all up. But it can be near zero cost. All of them will go to near zero cost. But when I say, you know, the more energy you have, the more you win, I think that's a function of it drives everything. There's a correlation between energy and economy of a nation. I will call you on your own paradigm, sir, because you're operating from a scarcity mentality there and there's some kind of mentality. If you operate from a bundled mindset, there'll be plenty of energy to do everything we need. Okay, we're not there yet though.
47:54We'll get there. And this next breakthrough, we're talking, you know, two days ago, Satya and Natala, the CEO of the most extraordinary company on the planet, Microsoft. I mean, listen, any company that has existed for how many decades, four decades,
48:17four number one or number two on the planet, that's amazing. Yeah. That's amazing. Anyway, so Satya says, today in nature, our matter -gen model represents a paradigm shift in material design, applying generative AI to create new compounds with specific properties. I'll play a soundless video just to have fun of what this looks like, but it's pretty extraordinary. extraordinary just in terms of the idea here. And I talked about this on the abundance stage with the CTO of applied materials. Applied materials, thank you. And we were talking about the notion that we understand in sort of a three -dimensional space of the types of materials, the types of crystals, the types of, of volumetric pressure and temperature.
49:19We understand how these materials function for a limited number, but there's adjacent predictability. Like if we move, if we change from this atom to this atom, what occurs? Well, given all the knowledge we have, material sciences, and I believe material science is the unsung hero of technology, right? And it's like, all of Moore's Law has made possible of my material sciences, all of molecular biology's material sciences. If we can predict new materials, in this case actually generate materials with the properties we desire, saying I want a material that reflects or refracts light in this direction.
50:08Yeah. It's a game changer. game changer massively. All right, can I say if you have a few thoughts? Yeah, please. Because I've been tracking this for a while ever since we were talking about nano -tech and materials science and molecular assembly at Singularity. Yeah. Okay. And for me, this is one of the biggest breakthroughs ever. And it was inevitable. I've been kind of waiting for when will we have an AI model to do manipulation of molecules and it looks like this might be it because... or add in the business case in crystal. Right down to that level, it's amazing, the granularity now, because there was a huge breakthrough in about 2012, 2013 with a project called the Materials Project.
50:54And what they did was they took like half a million compounds and cataloged all the electrical, chemical, and physical properties of these compounds. So if you're a battery researcher trying to think about what might be better than lithium ion, you might guest that lithium sulfur or lithium air might be better than you sequentially linearly go test that compound and see what comes. Well, that takes a long time. It's linear, right? Now you have this database. You can just literally say give me a material compound that has this voltage threshold and this thermal retention and boom, it'll give you the five that you need, but now you slowly to spit those out.
51:29But now with AI applied to that database, you could basically say give me something that gets to this endpoint and figure it out yourself. And this I think is a huge leap that I will give you. And this is a very clear indication of where AI can help us bridge that gap that we've not been able to figure out ourselves and come up with stuff. This is for me the equivalent of Alpha Fold, right? Yes. 14 folding in the material science. This is the Alpha Fold material science material science. And I think this is such a huge, huge, huge thing. I'm really thrilled to see it come up happen and come about.
52:00And when you have a company like Microsoft kind of putting the backing behind it, it'll have stain power and people will be able to rely on it. And I'm really, really excited about what will come from this. Yeah. Agreed. You know, sandbox, AQ, Jack Hittery's company has also been doing similar work using the equations of quantum physics to predict molecular properties. So I love this handle on exits at Dr. Singularity. Yes, you should have that. He says, this is huge Microsoft researchers introduced mattergen. Molecular can discover new materials tailored to specific needs, efficient solar cells or CO2 recycling, advancing progress beyond trial and error experiments.
52:47Instead of screening the candidates, it directly generates novel compounds given the prompts to design requirements. So, I mean, think about this. This is about higher efficiency solar conversion. This is about catalysts that can remove salt from water, CO2 from the atmosphere. Yeah. Yeah. So, you have one use case. I have two things come for me. This is in the extreme positive and extreme navigative. Okay? Sure. A bad guy could say, find a compound that will create the equivalent outcome of gray goo. And that causes a problem. Right. And on the positive side, imagine you throw up a figure out a crystal or some compound that we can throw up into the atmosphere that will just crystallize all the carbon and have a cascade down the earth.
53:36Right. We should be able to do this now in like minutes and figure out a way of getting it up there. And off you go, we've literally solved the climate problem. And this the implications of with this are absolutely profound. Yeah, Stephen Kotler and I are writing the next iteration of abundance from we are in 2012, we're writing Age of Abundance, which will come on in 2026. And it's extraordinary. This sort of technology begins to liberate food, water, energy, healthcare, education. Everything. And by the way, let's talk about this offline, but it came across a company that may have solved a totally workable path to molecular manufacturer.
54:21Okay. Listen, huge. What huge. So, we've talked about this nanotechnology, right? We've talked about this from Eric Drexler who wrote engines of creation that was a follow -on to some nice. Yeah, so take this screwdriver that happened to have on my desk. Okay. Okay. I'm on specific reasons. Now, imagine instead of creating the mold and then forging this piece of metal and then sticking it together, you literally by molecule by molecule assemblest thing like a few things. Adam, I know, yes. But literally at a molecular level or an atomic level, and now you can essentially create anything for about a dollar a pound, I think, was the number that Ralph Merkel threw out.
55:02And this now becomes really fascinating because you could create a computer just by the cost of the materials. Yeah, it's called computer. The big thing that blew my mind with 3D printing is that complexity is free. Throughout history, the more complex an object, the more difficult it was to make. And now with 3D printing, complexity doesn't matter because when you're talking about it, boom, boom. And customization is free. Customization and the third part around 3D printing is you can make things that couldn't be molded. You can replicate objects that couldn't be molded. but then you don't need a mode now.
55:39Richard Feynman back in 1958, wrote a very famous paper called, there's a bit, there's plenty of room at the bottom. Yeah, and then Eric Drexler, 1986, wrote, age, wrote, wrote, engine's accration. And we've been waiting for nanotechnology, which by the way, if we get to nanotechnology, where we can, Adam by Adam, repair or create, that gives us immortality without question. Infinite. I'm not. But I won't go there right now. All right. So I hope you go there in the book though. You will go in there in the book for sure. Okay, good. But I want to hear about this molecular manufacturing. I'll go ahead.
56:24Updating separately. You know, one thing I've been tracking and I put this up in the Wall Street Journal is the battle between the the large hyper scalers, the large language models. So you've got open AI, separate from Microsoft, right? Link, but separate, you've got Gemini from Google, you've got XAI, you have been throughopic. I've been just extraordinarily impressed by Google's March Forward. I don't know if you've been tracking what they've done with their latest Gemini. 1 .5 their Gemini deep research. It's incredible. It's unbelievable what this thing can do. This is the $200 monthly. Now, well, $200 a month on Chatchee PT.
57:16It's 20 bucks a month for Google. For Google that one. It's incredible that you can essentially build. We will now accelerate 1 ,000 times the amount of research and how quickly research gets done. It's going to be incredible. Just a minute. I love the time. I love on Gemini and their deep research being able to go. Okay, this is what I'm interested in. Go and please check on these and put together a thesis and write a report. And it will go off for 10 minutes to 30 minutes and build a research paper for you. Yeah. Yeah. Amazing. So, I am, you know, one of the challenges with OpenAI is their battle against Elon who now in the White House.
58:03They're battle for going from a nonprofit to a for -profit. Yeah. And I don't know, you know, I still love Google since I first met Larry and Sergey back in 2004. The cards are their hearts like Jeff and like Elon and their hearts are in the right place. Yeah. Which is so you know, you had a class of billionaires 100 years ago that that were extractionary wealth. Yes. And don't you call them the techno philanthropists in the abundance group? And yeah, I talk about, I talk about, you know, Larian, Sergey, and Eric Schmidt is technically there. Yeah. I find it really incredible. If you went back, say 200 years ago, the richest people known the world had exclusively inherited their wealth and guarded it jealously, did nothing with it.
58:53And today you have people, the richest people in the world have exclusively earned their wealth and they're splashing out, changing the world with it. Jeff and Elon, and it's fantastic to see, I think it's such an important pointer to their true human nature of wanting to contribute and wanting to make a difference. And going to that MTP concept we talk about, I can't say enough about it. And it's really been impressive to watch Google catch up radically and very quickly in cert AI and everything they're doing. It's brilliant, brilliant execution. You know, I've had a chance to know Elon well over these 25 years and money never enters into the equation.
59:36It's always, can I make a better product? Can I achieve my MTP of Mars or sustainable Earth? Yeah, and it's just always about product engineering and creating an amazing product. Period. Yeah. And statement. Speaking about creating wealth, should we talk about Bitcoin? Always. Always. In case a fun conversation we always have. So our buddy, Michael Seller, is, you know, I'm jealous, right? Anytime someone can say, yeah, I just bought a thousand Bitcoin. It's been a while since I could afford to buy a thousand Bitcoin. So MicroStrategy requires 1 ,070 Bitcoin for $101 million at $94 ,000 per Bitcoin, and has achieved a BTC yield of 48 % in Q4 and 74 % in fiscal year 2024.
1:00:32Incredible. Massive. Now Michael invited me to his 100 ,000 BTC New Year's party, unfortunately I wasn't able to go, but what a great way to celebrate the year 2025. Just an amazing thing watching this happen. I'm so excited about where Bitcoin goes from here and all of the crypto stuff that's not going to happen, good and bad, right? You've got these mean coins that are exploding out of the gate within total insanity. We'll see how it happens. But I'm such a, you still have massive Bitcoin supporter and fan. I think this is the first time I heard the term Bitcoin was from you on stage at Singularity University And I'm saying what is he saying Bitcoin?
1:01:22Well, what is this thing? You know, it's like the first time I heard the term YouTube from Chad Hurley when the founders of YouTube I'm like you like with letter you tube Anyway, it was a while ago guys just to be clear So and I want to we state this right it looked for the first few years like so many attempts have been made at digital cash, digital gold that you didn't know whether this one would last or not. Because there have been many cracks at that pinata. And then about 2013, 2014, and became clear that, okay, this is here. I mean, just to show the numbers here, a year ago, Bitcoin was at $38 ,000 a Bitcoin.
1:02:01Can you imagine going back and saying, oh, it's $38 ,000 today? I mean, how much would you borrow to put into it? And then up to, up 170%. But here's what I find absolutely fascinating. Check this out. So Bitcoin versus micro strategies. So that blue line at the bottom, that looks almost flat, is actually Bitcoin over the year 2024. And what you see on that gold line, appropriately, gold and line here, is the return on micro strategies. And so here's the numbers. between January of 2024 and January of 2025, Micro Strategies has returned 693 % versus Bitcoin returning 144%. I mean, what else does there say?
1:02:55The leveraged play on Bitcoin with all of the different layers and bond instruments that Michael's engineered into it. I think this is huge. Of course, you have the downside of Bitcoin drops and you have also an accelerated drop, right? But if the umbrella thesis is that Bitcoin will go up over time, which has held for now 15 years, this is about a solid investment that you could ask for. Would you ever borrow against your Bitcoin and buy more Bitcoin? I did that. Remember that conversation we had when it was 60, and we were all expecting it. I did it at that time and I burned a third of my Bitcoin, a lost margin trading.
1:03:34So, Lily won't let me do that anymore, smartly. We found other creative ways of trying to get to the same outcome, like I've invested in ordinals, which are Bitcoin NFTs, because they're a Bitcoin base so that if the NFT goes up, you get Bitcoin. And that is a way of doing it. I think we'll see a ton more plays on Bitcoin of ways of doing it. But the core, it's too risky for me right now to do that. Well, of course, we're alive now in a White House that is pro Bitcoin. What's the go? $20 billion of Bitcoin in the national treasury? Yeah, I think that's that's bullshit if I can kind of swear a little bit because it should be here.
1:04:19It should be half and blue bird from Blueberg. Proposal of formalize a $20 billion US Bitcoin reserve. So why is it bullshit to you? I should be half a trillion. 20 building is nothing and if you look at the annual budget, it's a drop in the bucket. At least have a few percent. So because then it could make a difference. But not to diminish the monstrous shift towards crypto compared to the last 10 years of the administration. Or may pause federal crypto litigation, push agencies to review policies. Right, so I'm actually shocked we haven't seen a much greater resurgence when this came out. I think it's built in, it's priced in.
1:05:07This was the price that popped from 50 -100 with everybody going, oh, now this is all going to happen, so I believe that's all priced in. 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. He 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. I use it all the time. If you're interested, check out the show notes.
1:05:45I've asked my team to link to it below. Alright, let's get back to the episode. Humanoid robots. Your favorite topic. My favorite topic. Like listen, I just think it's gonna be one of the biggest impactors on society. I don't have to walk the dog anymore. The robot can walk the dog. The doggy robot can walk the dog. So this is a company that I'm tracking. So I've been tracking now aggressively 30 of the hundred or so robot companies. And this is one that got unveiled early on out of China, out of Shenzhen called Unitry. We're going to have this company at the abundance summit showing their tech.
1:06:32They've got a humanoid robot, a couple of different dog prototype robots, and their G1 Bionic upgrade. This is a $16 ,000 robot. I mean, honestly, that's, you know, I will buy one just to have in the garage for fun, if nothing else. But check out, check out this video.
1:07:01Love the soundtrack. It feels like the 60's. Not to miss the soundtrack. Yeah.
1:07:11So this robot is running down faster than the speeding train. The rails on rocks, up hills.
1:07:23The smoothest walking human eye that is running robot in the world. The best thing is going to make me feel tall. It's only four foot inches tall. Oh. Ha ha ha.
1:07:37So we're gonna have a couple of these walking around the halls at the abundance summit. It's equipped with three light hours and this is where a multimodal AI comes in, right? Where the AI understands what it's seeing when it's being spoken to and how to respond.
1:08:03I'm going to ask my standard issues with this whole thing. Okay. I'll throw it out too. One is why the hell does it have to look humanoid when it could have three legs or four legs and do way more? I mean, that's for, you know, it's, it's, it's, it's not even much before. I know, but that's my still might, might be for this. Okay. It could be so much more. Yeah. Utilip. By the way, in the comments, tell us a line tell us a line that you agree with me that they should be humanoid robots and not have six armed four -legged robots. I want to see it on to us. I want to know it's a robot. I want to put clothes on.
1:08:41You have to think it was a human being. That would freak everybody out. I'm sorry. That's number one. That's number one. C -3 -0 and you know, and and and data. I got a six legs. We'll answer, but more flies these too much, too quickly. Okay, second thing is, you know, you're gonna have like these little glitches and he goes, somehow the robot suddenly thinks it's a cat and we can't get it down from the tree. And you're gonna have these incredibly crazy things happen and we're gonna have to deal with a hundred little things. The neighbor's gonna call you up going, can you please get the goddamn robot out of my garage?
1:09:13It's found an electrical power outlet and it's sucking all the juice out. I'm coming over to sue you. It's just gonna go rampant with this stuff. And so I think there's gonna be quite a lot of mayhem as the unintended consequences of this thing play out. What could possibly go wrong? I think so, no. But as I said before, it's gonna be a comedian's dream watching this thing. Robin Williams would go crazy with this if he was alive. Uh, let's move on. Nvidia accelerates humanoid development, right? their GROT, Groot, Blueprint allows developers to create massive data sets for training humanoid based on imitation learning.
1:10:00And so I think that's extraordinary. Like, hey, robot, watch me make my cup of coffee and make it exactly this way every time. Yeah. I think this is massive. Because not just that, it'll learn from 5 ,000 other robots making coffee and the improvement rate will be incredible. And I think this may be the area where, you know, for me, if I think back to robotics, the reason the robots are so powerful and so important in manufacturing is that when you're building a car, you could have a robot open and close a door 5 ,000 times to test the hinges and the door lock mechanism, et cetera, et cetera. And you just, we just built incredibly stable cars very quickly because you could have a robot doing all of that, right?
1:10:46And now when you have a collector, you just took a job away from my 13 -year -old son. Yeah, you've got bored in two seconds as a 13 -year -old and walk off. But now you can have 10 ,000 robots, 5 ,000 robots, all make and cup a coffee, sharing that knowledge amongst themselves and really improving the collective set. But this is again one of those platform plays lifts everything up. I think this is a huge, so excited. Yeah. Well, here's a news item for TechCrunch that Samsung expands in robotics. I think we're going to see all the major electronic manufacturers get in robotics. It is low hanging fruit for them to integrate with their world.
1:11:29I have to say that I love Samsung as a company, but your real bot design looks kind of It's not key and boring.
1:11:44All right, listen, I'm sorry. This is no optimist, no figure, not even a, a, a, a unitary. We'll see. Hey, look, it's going to a thousand flowers are going to bloom. It's, we have a Cambrian explosion of this stuff and it's going to create a huge, huge, varied set of formats in, We use cases, function capabilities, it's going to move very quickly because of that. I love this. This is Elon's prediction. We're aiming to have several thousand of these built in 2025. We're referring to the Optimus Gen 2. Initially, we'll test them out on Tesla. Then, assuming things go well, we'll build 10X that output next year.
1:12:35or aiming for 50 ,000 optimist robots in 2026. And so as many as 500 ,000 robots in three years time. And it's just, we talk about deceptive to disruptive, the doubling of small numbers. When I interviewed him in October of this past year, his prediction was 10 billion robots by 2040. And if you double 500 ,000, you know, 10 times, you'll get there pretty quickly. Pretty amazing. What do you think about 500 ,000 robots in three years' time? I think it would be great, but given the time it took from his announcement of a robot taxi to actually getting it, I would like to take this with a grain of salt.
1:13:28But the trend is the important one. Right. Yeah. It's it if it happens in three years or four years or five years it does matter It's gonna happen and when it does it's going to be it's gonna be a game changer at so many different levels Agreed agreed Let's turn the conversation in a different direction to close this out today Which is a buddy you just took part in something that is not technical But it is powerful And that was your father's passing. And I think you had an experience that is worth sharing. It's not technology guys, so, but it is extraordinarily deeply meaningful. So, Selene, share.
1:14:18So my 97 -year -old father who lived alone and drove around until a few months ago, had an assisted death procedure up in Canada. and the process was, you know, you be associated death with grief and loss and pain and suffering and whatever. It's all negative, right? Except what I experienced with him was the most joyous and ecstatic and blissful experience I could possibly imagine. If I go out with one tenth of the ecstasy he had, I'll be very happy. He was in like total, total bliss. And when the procedure finished, I was sitting there kind of stunned. And he had a couple of days to say goodbye to everybody.
1:15:02We timed it. We paid Beethoven's Dines Symphony from, which was his favorite piece of music at the end, and he passed on. And I said to the doctor, I said, I don't know how to process this. He was so happy. You know, have you seen that? Because you've done this process. And she said, sir, you have no idea. Most people that go through this assisted death process, go out in that state because they have agency that you can die with dignity and you can time it and you have a ski can manage a schedule and it really really shook me in a positive sense and I think we have to rethink this as a as a society because it couldn't have been more peaceful, happy, blissful, ecstatic.
1:15:46He literally was like in a medicine ceremony, a plant medicine and so many. And it was kind of incredible. I'm sitting there and it's not been two weeks. And I'm like, I should feel grief and loss. But I don't because he was so happy. And so I don't know how to process this. I'm writing a blog post about this that we'll put out about how this, I think this is a transformative thing that we should make available to a much, much wider group of people. Yeah. And it's got a stigma here in the United States everywhere. Everywhere, are usually through religious structures that try and keep a personal life forever, right?
1:16:21And my father was very clear. He goes, I do not want to be at burden to society or to the family or to the healthcare system. And it was really kind of an incredibly beautiful experience. Amazing. This is completely opposite from what I speak about normally, which is using technology to extend your life, not end your life. Yeah. Yeah. So good. No. And you He was a profound atheist his whole life. In the last two days, as you were saying goodbye to people, he was like, see you on the other side. And I was like, wait, what? What are you seeing? That what are you sensing? I was like, he was late for a meeting and he had to get there.
1:16:57He was like, get me out of here. He said that he had a palliative care doctor, Coveett. And the fellow said, I'm here to make you more comfortable. And my dad said, do you hear to help me die? And he said, no, no, no, just making you more comfortable. And he said, well, then you're of no use to me. That's a real bringing the doctor that's going to give me the procedure or, you know, why are you here even? It was just amazing. It was so crazy. We had a little more else service with my family just talking through the different experiences with him. It was kind of the most amazing line he ever gave me was I did this talk ages ago called fixing civilization.
1:17:32And he said totally disagree with your talk. A minor title. Well, niche effort. And his, he said, the problem is not with the fixing part. It's with the civilization part where we operate as apes and tribal clans with more and more powerful weapons killing each other. We've materialized the world. We have yet to civilize the world. And it was like one of the biggest wisdom bombs from the elders I could have ever had. It's beautiful. I love you, buddy. It's a beautiful way to close this conversation. It could not have been any more beautiful. Yeah. Anyway, I am thankful for your dad giving the world you.
1:18:14And thank you, my friend. I'll see you in our next episode of WTF, just happen in tech. And guys, if you enjoy this conversation with Sleeman, I let us know. You can subscribe. You can tell us what you want us to cover in the show notes. We do pay attention, and we're grateful for you. And tell us who you think is right or wrong in the comments on some of our disagreement. Yeah, I tell them, please let's leave no that he's wrong. All right. But to say follow sleeve in, in EXO, EXO universe, what's the, what's the, it's open the exo, open the exo .com. Thank you. I should know that by now. I shouldn't die.
1:18:56Well, it's close to open AI .com where we are opening EXOs. So our mission is to create as many exponential organizations in the world as possible. Yeah, fantastic. And check us out at abundance360 .com. Anyway, love you brother. Be well. You too.
From the publisher
In this episode, Peter and Salim discuss their predictions for the new Administration, CES 2025 breakthroughs, the launch of Blue Origin, and more.
Recorded on Jan 19th, 2025
Views are my own thoughts; not Financial, Medical, or Legal Advice
37:01 | The Quest for AGI and Its Implications
44:38 | The Future of Energy Production
56:39 | The Rise of Humanoid Robots
Salim Ismail is a serial entrepreneur and technology strategist well known for his expertise in Exponential organizations. He is the Founding Executive Director of Singularity University and the founder and chairman of ExO Works and OpenExO.
Join Salim's ExO Community: https://openexo.com
Twitter: https://twitter.com/salimismail
Order my Longevity Guidebook here: https://qr.diamandis.com/bookyt
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