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Podcast Summary: Raoul Pal: The Journey Man - Beeple and Raoul: Raw and Uncut
Podcast Description The Journey Man, hosted by Raoul Pal, explores the rapid changes in the world, focusing on macroeconomic trends, cryptocurrency, and technological advancements. In this episode, titled "Beeple and Raoul: Raw and Uncut," Pal speaks with digital artist Beeple (Mike Winkelmann) about his journey into the realms of crypto, NFTs, and digital art, while also addressing the impact of AI on society and art.
Key Topics Discussed
- Introduction to the Episode
- Raoul Pal introduces himself and his show, emphasizing the significant changes in the world.
- Highlights the privilege of engaging with innovative thinkers and creators.
- The Importance of NFTs
- Pal describes NFTs (Non-Fungible Tokens) as a way to create value and ownership in a digital world where everything tends to lose value over time.
- Emphasizes that NFTs provide a solution to the problem of scarcity in digital art, enabling artists to sell their work effectively.
- Beeple's Journey
- Beeple shares his background as a digital artist, initially creating short films and gaining recognition through his "Everydays" project, which involves creating art daily.
- He discusses how he leveraged social media to promote his work and build an audience.
- The Role of AI in Art
- The conversation shifts to the role of AI in the creative process.
- Beeple expresses excitement and concern over how AI can augment creativity, but also recognizes the potential risks of AI surpassing human capabilities.
- Cultural Reflections in Art
- Beeple discusses how his art reflects internet culture and societal behavior, often employing humor and satire.
- He highlights the immaturity displayed in online interactions and how it influences his work.
- The Future of Digital Art and AR
- Both Pal and Beeple contemplate the future of digital art, especially with emerging technologies like augmented reality (AR).
- They envision a world where AR will change how people interact with art and reality, making artistic experiences more immersive.
- Concerns about AI and Society
- The hosts express concern over rapid technological advancements and their societal implications.
- Discussion includes the potential for AI to disrupt financial markets and how humanity might respond to such changes.
- Closing Thoughts
- Pal concludes the episode by reflecting on the vibrant, yet uncertain, future of art, technology, and society.
- Both hosts agree on the excitement surrounding the current technological revolution and the critical role of artists like Beeple in documenting and shaping this era.
Key Takeaways
- NFTs as a Digital Solution: NFTs empower artists by offering a means to sell digital art while ensuring ownership and value.
- Cultural Significance of Art: Art serves as a reflection of contemporary culture and societal behaviors, particularly influenced by internet culture.
- AI's Role: While AI can enhance creativity, there are valid concerns about its impact on jobs and society as a whole.
- Future of AR: The integration of augmented reality in daily life poses exciting possibilities for how art and culture may be experienced.
Conclusion This episode of The Journey Man offers a candid and insightful discussion between Raoul Pal and Beeple, exploring the intersections of art, technology, and societal change in an era defined by rapid advancements. The conversation underscores the transformative power of digital art and the importance of adapting to an ever-evolving landscape.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Hi, on the 5th and 6th of June 2024, I'll be speaking at the largest AI event in Asia, Super AI in Singapore at the iconic Marina Bay Sands. Alongside brilliant minds like Edward Snowden, Benedict Devon and Balaji Srinivasan, I'll be on a stage exploring the extraordinary potential of AI and the profound change it represents, not just for financial markets, but also for the world as we know it. With over 5 ,000 attendees and over 150 side events, Singapore will become a vibrant hub for a full week from the 3rd and 9th of June. Visit superai.com to register and join me with 20 % off tickets using the code realvision.
0:44Use the link in the description and I'll see you there. It's going to be incredible.
1:00Hi, I'm Ralph Howe and welcome to my show, The Journeyman. And as you know by now, I'm going on a journey to the nexus of where macro meets crypto and the exponential age. You see, I do think that this is one of the most exciting times to be alive. And the change that we're going through is so dramatic that it's out with the old system, in with the new system. And we kind of get a front row seat. I'm super lucky in where I sit that I get to talk to just the most incredible people in the world. And I'm truly blessed. The kinds of conversation and access to people I have is just, I never thought I'd have this in my life.
1:42You know, I came up, yes, I had amazing opportunities in the hedge fund world where I got to speak to many of the greatest hedge fund managers on a daily basis. But now I kind of get to speak to anybody I want to about whatever I want to. And that's a super privilege. and you get to look over my shoulder and join me in those conversations. Today we're going to talk about NFTs. And NFTs are an incredibly important technology. And really what it is, is if you think of all of humanity, everything we do is a contract. We all sign contracts, whether it's your credit card or whether it's a ticket or whether it's agreeing to meet a friend for a drink that evening.
2:24Everything is a contract. All humanity organizes itself with contracts. Now, some are so important that you need notaries and lawyers. Others are not important. You just need an email confirmation or a WhatsApp message or SMS. But all of these contractual things exist. And as we get into a digital world, these contracts start existing on a blockchain, particularly the ones that have value. And this is all part of this value layer that blockchain technology enables for the Internet. You see, in a digital world, everything digital goes to zero in value over time because you can basically make infinite amounts of anything.
3:04And we've seen that from everything from cloud compute to email. It all goes to zero cost. And it will happen relentlessly. It's going to happen with AI too. It'll go to basically zero cost. So in an increasingly digital world, how do you create value? And that was a problem that was not solvable very easily. Firstly, there was the scarcity value of Bitcoin. That was one thing. But Bitcoin was just Bitcoin itself. But what about all the rest of humanity's contracts? What about the value? What about stuff, digital assets that are becoming more predominant? And then the NFT came out. And the NFT was our way of recording these contracts on the blockchain.
3:49My view is, well, the first thing that should happen with NFTs is like OTC derivative markets and financial stuff. But no, the finance market is slow to adapt. In fact, most people were slow to understand what this technology actually was. But there's a group of people who've always embraced technology earlier than anybody else. And that's the artists. You see, art is at the epicenter of culture and change. They're kind of the commentators and the curators of what is happening at a moment in time. and what we found was it solved a huge problem really quickly for a massive part of the art market that had developed which was digital art you see digital artists were appearing on places like deviant art but there was no way to sell a jpeg because you can make infinite jpegs so how do you create scarcity in a digital world and that problem plagued all of these artists even though the medium had become very big same with film same with a lot of stuff photography and suddenly they started to figure out that nfts were the answer and you could you could have unique assets or a numbered like a limited edition print and be recorded on the blockchain and be transferred on the blockchain so there was ownership plus value okay that was super interesting artists were first and they took it and ran with it they then integrated ai by creating generative art which is ai generated art prompted by humans whole new art type of art and they're always pioneers in pretty much everything going on music arts you know graphical arts other arts they're always at the forefront because they are experimenters by nature now i'm really really excited for this next conversation because we only met recently well actually we met a while ago um in some fancy event in utah um but that was a slightly crazy event and i really got to know people mike winkelman at his studio recently where i was lucky enough invited to a very small round table of the world's greatest nft artists collectors museums uh everybody else um involved in the space traditional art everybody and i got on really well with mike super interesting guy a lot of fun now i'm going to give you a caveat he swears more than me this i think has the highest swear count of any video in the history of real vision and there's a lot in the conversation it's a lot of fun.
6:39So please enjoy. And some of the graphic images, if you know Beeple, they're going to upset you. And that's the whole point. Enjoy. Join me, Raoul Powell, as I go on a journey of discovery through the macro, crypto and exponential age landscapes. In The Journeyman, I talk to the smartest people in the world so we can all become smarter together.
7:06Mike, welcome to Real Vision. I'm really looking forward to this but before we kick off I want to ask a question that I'm not sure I've asked anybody before but I thought I wanted to ask you what is the obsession with cocks?
7:27are you sure you've never asked anybody else that before? it's funny this is actually pretty recent and I was actually going to go through and see how many of my pictures just in the last like say 90 days or even that I feel like everybody else is obsessed with penises and they're trying to project that onto me but it's it's funny though because like prior to this like if you went back a bit there was kind of a phase where there was a lot of like milking there was a lot of like people like buzz light in your head was being milked and like all this like there was a milking phase that i threw before so this is just a phase it'll pass everybody else is a lot more uh i think i'm so there was it was definitely like there was a three-week window that everything was a penis which you know i will say it's been a more prevalent theme lately i was and even last night i had an idea i was like no that's probably too much everybody's gonna say that's enough i don't believe you have that line the it's too much i remember i was when i i really started seeing your work because when we were at that event together in utah this very fancy event you're on stage talking and there's a picture of gigantic I think Mark Zuckerberg's balls behind you.
9:02I'm like, this is not for real. Even you can keep a straight face. No, I remember that. It was a picture of me with balls or something, weightlifting something. That's right. And I specifically, the reason I remember that is I was looking through the slideshow they had put together beforehand And I specifically was like, can you take that one out? Because if I see that one, I'm going to start laughing. And they're like, oh, yeah, no problem. And then they didn't. And it was just like, God damn it. I see it come up and it's like super jarring. And like, it's just like, OK, what the fuck? Like, come on.
9:43But no, that's funny you say like, I don't think you have a line. That's not true at all. I absolutely have many things where I'm like, that's probably too much. So if you can believe that the things you see are a filtered version of my mind, that is actually the truth. Well, that's how I think of your art. I'm going to get into the whole story of this. But this is how I think of your art. It's the part of your mind that normally people don't show. And you show it every day. And it's hilarious. And, you know, just Twitter interactions. I mean, you just post anything. And you get several thousand likes just because it's just it's very different.
10:27And it's just a little part of your slightly troublesome mind. That's true. But I think what I what it actually is. And this is something that I think makes it sort of different and new and a sign of when we live is to me. It is sort of like an embodiment of the Internet and the Internet. the culture of the internet is actually super immature like literally just two days ago elon the richest person most successful you know person in the world posted a like boob joke the person who owns this platform and is trying to like entice advertisers to spend millions of dollars of advertising money posted some like boob meme joke and it's just like okay i guess that's like it's just you look at the like joe biden just posted this like dark branded thing like that's the president of the united of the state posted some like this joke about how people like you know were chanting fuck joe biden like and that that's again why is the internet why are humans like that on the internet you wouldn't you know you might walk out the round charleston chatting to people and you wouldn't be that and i don't know what there's a level of abstraction from real life that makes you say and do things you normally wouldn't do and i think it makes you less mature it makes you less mature in that you would get into fights with people you normally wouldn't get into and just be like okay i'm not gonna argue with this fucking random stranger over there you know what I mean it makes you say things that you normally wouldn't say and so to me I'm trying to sort of like capture some of that some of this moment and that immaturity that exists in art because again that's that's not what art's supposed to be if you think historically it's supposed to be this very serious thing and this very you know principled thing but to me it's always like okay well we've certainly done that what haven't we done what can we do to push forward the idea of what art is and i think making things that are purposely immature is something that is not part of sort of like art history i believe and also as you said it reflects humanity i mean it's art almost about the internet itself which is a really you know obviously that's not really been done before because the internet is a cultural phenomena in its own right particularly well there's not just twitter reddit has its own huge deep culture there's tons of these cultures that are all there and they are really interesting and that's another sort of like thing with it is it's many of the pictures are very coded and that the average person like you know like the the whole reason a lot of the like penises started is because everybody with solana was going fucking boners for this thing.
13:55And, oh, my God, Solana is a fucking craziest thing ever. And everybody was just going apeshit, you know, three weeks ago, four weeks ago, whatever. And so that's when I started, like, posting this stuff. And, but, like, the average person, the average person doesn't even know what Solana is, much less this, like, you know, and then this dog with hat thing and, you know, all these, like, altcoins and stuff like that. Like it's so coded in like all these, this, this subculture that that too is a part of the internet, that you have these subcultures and they, they have these languages that they, um, build and they're so insular and they're so, um, this like closed loop of sort of like information and sort of like inside jokes that it takes so long to like unpack and sort of like, you know, explain to the normal person what any of this means.
14:53And I remember sort of like talking to my Matthew and his, like him trying to explain things to me. And it would just take forever for him to explain things because he'd have to like explain like memes. And it'd be like, he'd have to explain this. And he'd have to explain this. He'd have to explain this thing. This thing. And it's just like, oh my God, like people understand that. And he's like, yeah, it's a guy who understood. It's like, Jesus Christ. But it's so coded. And like, to me, I find that very interesting and something that I think is sort of like worth documenting. Hey, everyone. We're going to take a quick pause and hear a word from our partners.
15:33We'll be right back. Join over 5 ,000 attendees for the largest AI event in Asia at Super AI Singapore, June 5th and 6th, 2024. Raoul Pal, Benedict Evans, Balaji Srinivasan, Edward Snowden, and over 150 others will join the industry's most influential to explore and unveil the next wave of transformative AI technologies. Singapore will become a vibrant AI hub for a week from June 3rd through June 9th with over 150 side events that will make for unparalleled networking opportunities. Visit www.realvision.com forward slash super AI for 20 % off tickets with the code real vision or click below. Your favorite neighborhood spot grows with square.
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17:04That's S-Q-U-A-R-E dot com slash G-O slash R-E-A-L-B-I-S-I-O-N
17:18And as you said, you've kind of got the double layer of the internet at large. So like, I was thinking sometimes the people comes up behind me of GigaChad, for example. So that's kind of almost the internet at large, right? Which is Elon, his kind of where he really came onto Twitter in 2020 or so, 2021, where he was kind of the owner of everything, even though before he bought it. But you've also, you've staked out that subculture of crypto and NFT, you know, that whole world and claimed that as part of what you're commenting on. And it is a massively strong subculture. It's huge. 100 i think that's that's with a lot of these things i mean and it's full of drama as well which is nice it's full of drama there's always stuff happening and like again that's very new in my art i wasn't documenting crypto culture before any of this sort of like nft stuff i only you know knew of it and so the the that piece of it is is kind of like quite new but to me the culture is like in many cases or maybe i shouldn't say many cases in some cases that literally all there is because these things actually have no utility whatsoever it is purely the memes behind them and the culture that surrounds them that gives them any value and i think yeah the the same could kind of be said of a lot of sort of like art what gives it value is the sort of relevance that it has in culture and the amount that it's sort of connected with people and sort of giving them enjoyment or giving them a new way to think about life and so to me i think um yeah i just find it to be a fascinating space that is always i mean i now you got these fucking rocks people are going ape shit for and that's like i knew i was gonna buy a rock i thought this is a no-brainer the most dumbest art in the world and i saw they were kind of at rock bottom like about a year ago i'm thinking i've got to buy one it's the most moronic move ever i should done it i should have done it next minute the fucking sotheby's that's what's so funny though is that it like it's a culture that almost like just like that like the rock thing like it prides itself on trying to find the like fucking dumbest things or you think about the what was the the that monster the kevin kevin the cabins is just like this is the dumbest thing and then it's like oh wait this is actually the best thing and it's just kind of like like i don't know that that to me is like fascinating too that it's like and the space is super smart it's like elon is like the smartest person in the world but they all act dumb as shit and they celebrate it buying bonk tokens or dog with hat and here you've got these kind of you know phds in nuclear physics buying this stuff and punting it it's like it's hilarious it's it to me is like so fascinating and and it's a little scary if i'm being honest because to me it really speaks to the idea that how fast technology is now moving and how fast these memes can like really sort of like take hold and affect people's real world decisions which they're just means you know a lot of the stuff it's just like okay i'm oh people are talking about this okay i'm gonna start talking about this okay i'm gonna start talking and then it like spreads but it can like literally spread to tens of millions, hundreds of millions of people in just this rapid amount of time.
21:27And there's no vetting of these ideas. It's just like their only sort of vetting is how attractive they are from a viral standpoint. And I feel like that in the future is going to cause some issues. I think it probably is already. Fake news is just memetics by a different title, as in religion, as is everything else, right? It's stories we tell ourselves. I agree, but I think it's going to become like very, like something's going to spread very quickly, and it's going to be like, and a bunch of people are going to do something where it's like, oh, shit, okay, yeah. That was that really like, in the course of like a week like that really ramped up really quickly and like i don't know i just feel like it's i i agree i think it's already starting you're already just starting to see sort of like you know little lemmer and we'll get into the ai element later because that is going to fan those flames because you can rile up the people create a meme that doesn't exist create anything you want and manipulate not only emotion but a lot of outcomes so we'll talk about that but before we get into the future let's go back to the past how the hell did you get into all of this what's because you were like an overnight sensation that took 25 years to get there as ever you know sure what was your story yeah so i went to school for like computer science and kind of um you know thought i was going to make video games and then i saw somebody at school who he was going to make video games and when i saw that i was like yeah i'm not going to make video games you're gonna make video games you want that way better and when I was in school I realized I was spending all my time making digital art and posting on the internet and this was 1999 to 2003 so before YouTube even and so um you know nobody was making me do that I was just doing it in my free time and so I realized this is what I actually want to do I'm just gonna get a job doing whatever the fuck I want and just put all my true time and passion into making digital art and there's no real way to sell it you know that wasn't like nobody's what kind of art were you making then what what how were you expressing yourself so it was I was mainly making sort of like short films and they were very like tightly synced audio and video and they were very like abstract um there was no characters in them there was no sort of like um very much about color and form and and sort of shapes and things like that and um I started you know kind of like posting those on my website and then in 2007 and I made a bunch of those and then in 2007 I obviously started the everydays and started posting those on my website.
24:30And then in 2000... And what, tell me through before you, why did you do that? Was that just a discipline thing or you just want to explore the idea? What was the idea? Every days? Yeah. Yeah, so for the every days and sort of, again, just making art has been, I'm not a very well-rounded person. Let's just say that. Like I don't have like a bunch of other interests. Like I really, my entire adult life has been pretty all in on art. Um, and so I made, I mean, before I was sort of the everydays I'd made, I don't even know, probably 50, 60, like short films and sort of, you know, many, many other sort of like experiments and things like that.
25:11So the everydays really started, um, just as a way to get better and sort of like teach myself how to draw at first. I had saw a illustrator in the UK who did a sketch a day and it was like, oh, that's And he had already done that, like done a year of it. And I was like, oh, that's really cool being able to kind of like see, you know, all the sketches and sort of see that whole process. So I was like, well, I don't, you know, I'd do that to get better at making art. And so I did a year of that. And then I was sort of like, you know, I learned a lot about art. I was still very bad at drawing. But I learned a lot of techniques that I would have taken me a lot longer.
25:53and the basic trick of that is it just the everyday is really just tricks you into working more you know when you're sort of like okay day's done it's nine o 'clock you know I'd really like to watch a episode of something or whatever it's like now two more hours of making a picture and so that's really it so I was just working more and so I was you know learning more or whatever and I think having that that deadline each day gives you a lot more opportunity to experiment and sort of like, well, I'm gonna spend a couple hours on this, and then that will be that, and if it sucks, whatever, there's always, you know, tomorrow, and so, you know, it's on a huge sort of like much quicker level up in my skills, and so I was like, what if I use this to teach myself a 3D program?
26:44I didn't know any 3D programs. I'd always wanted to learn one. everything I'd done to that point had been 2D. And so I started doing a render a day in Cinema 4D, which was not really like a thing, like I'd never heard of anybody doing a render like this per day. And so I started doing that and sort of really quickly learned that program and sort of was able to increase my skills really quick. And then in 2010, I released a video and it went kind of like viral in sort of like the art scene or whatever and that's when it kind of like clicked for me that and even a little bit before that I started posting my work in uh in 2009 to Facebook um but it kind of clicked to me with social media that it was like I was spending all this time trying to get people to go to my website which everybody did before social media it's like why Somehow I got to give people SEO.
27:41I got to get people to go to my website. And then it was sort of like, wait, everybody's already on Facebook. And they're starting to use this Facebook thing a lot more. Why don't I just post my pictures on Facebook where everybody already is? And then it will just pop up and they can see the picture and da-da-do. And so I really kind of like, you know, pretty early sort of like understood the power of sort of like social media to be able to like reach people. And then people could comment right there and everybody can see their comment. And like you can have this sort of like immediate dialogue around the work.
28:18And so really from that point on, I kind of was really pretty hyper focused on, you know, building a social media sort of like presence and kind of having that be this big unlock for distributing my art. because prior to that, I was also entering a bunch of film festivals. And, you know, with this abstract, weird fucking digital art stuff that they weren't looking for, they did not want. And so I was getting rejected and paying these fees and stuff. And then I started getting into some of them, and I'd see the other shit that they'd have in the festival. And it's like, okay, this fucking blows.
28:56Why do I give a fuck what these people think anyway? way and so i realized like if i could just you know post things on social media i could reach people and sort of like build an audience there and not have to go through all the kind of like gatekeepers of of you know sort of museums or galleries all the other sort of like normal kind of traditional modes of things i could do reach people a global audience you didn't think you could sell anything at that point right because there was no real mechanism to sell digital stuff right? Y 'all, it was not a mechanism to sell digital stuff. Basically the, the kind of feedback loop there monetarily that I was experiencing was as I got more, um, sort of followers and people saw my work more.
29:42And around this time, I also started releasing a bunch of creative commons, like concert visuals, sort of like short abstract, like, uh, 10 to 15 seconds, sort of like clips that people could use at concerts or DJs could use behind them. And so those started getting really popular too. And so a bunch of people knew me just through like the DJ clips. And so then I started getting hired to do like concert visuals. And then I started getting hired to do sort of like better and better kind of like freelance work. And so to me, that was it. It was just sort of like, okay, I put out ideas on the internet for free and everybody does.
30:18And then hopefully somebody looks at that and hires you for a freelance gig. And I was making really good money. I was making like half a million dollars a year doing freelance work just myself. And really cool stage settings. I saw some of them at your studio. They're like super cool stuff, right? Yeah, yeah. I was, you know, by the end of it, I was working on the Super Bowl halftime show and the Democratic National Convention and, you know, Justin Bieber and Lady Gaga and blah, blah, blah. All these like really cool shows and really cool gigs. and I was doing stuff for Apple and I did, you know, some stuff for SpaceX and Samsung and blah, blah, blah, blah, all these things.
30:55And the Spider-Man movies, concept art and like really cool gigs and awesome stuff magically. And I was just like, well, that's it. Like, that's I've already top of what a digital artist could possibly sort of do. And, you know, this is great. and then but i but i still kind of had this inkling even around that time around 2019 i was like i would like to see this stuff when i started doing weird weirder stuff that's when i started doing weird stuff in like 2019 not before that it was really quite normal what what switched what switched is i realized that's what i truly wanted to do i was i started making the images that the tiny voice in my head was like, you know, it'd be funny if you did that.
31:49And then it was like, and I'd always be like, nah, I don't know if like, like I would never do political things. Just like, nah, that might be like piss people off. Like, I don't know. Like, I don't know. I don't, it's too weird. I don't know. And then I kind of realized like, no, this is the actual interesting thing is that when I make something that's hyper specific for myself and go really hard on that, that is what resonates most with people. When I don't try and make what I think people would like and I make just what I would like and I assume nobody else will like it, those are the things people actually like the most because they can tell it just has a level of authenticity that things don't have now because everything else is like trying to fucking sell you some shit trying to like make some shit that's like a product versus if you make some super fucking hyper weird shit that people can tell like wow you did not get any fuck if like people like you i'm still scarred by so much of your work you truly did not give a fuck if anybody like this man you just you were doing you bro you were doing you and when you do that it paradoxically resonates with people more than anything else and so I kind of recognized that and the the pieces started going sort of like much more viral as they were like way more what I actually wanted to make and so I recognized it was like this is something new too and what would be really interesting is to see this hyper fucking weird shit in like a museum like that to me is like the ultimate sort of like an actual new voice of something that feels like it's not been done before um and so i had like kind of this sort of like gallery type show in 2019 in toronto and it was you know sort of it wasn't really at a gallery it was just kind of an exhibition space um but it it had like a great turnout, you know, really huge amount of people saw it or whatever.
34:02And then I had a bunch of gallery shows planned for 2020. And, you know, that was actually through a real, you know, sort of like gallery or whatever. And then COVID hit and it was like, okay, well, I guess we'll just kind of, you know, put aside this whole breaking into the kind of more traditional art world, which, you know, I didn't really know how to do. I didn't know how it operated i didn't really know how sort of like any of that that galleries worked and i wasn't having the gallery shows to sell things i was just having them to show the work um and then the nft stuff hit and it was like oh you know where did you see what was your what was your genesis point where was your the seed being from by that time so over the last you know sort of 20 years of kind of releasing work and sort of through the everydays and the short films and I would also release the like project files for my short films so that was like another thing that nobody really did and sort of like gave me a lot of followers through that um and the BJ clips um I had amassed you know a couple million followers by the time I learned of NFTs and so those followers sort of kept kind of bugging me and being like I think you should look at this NFT saying i think you should look at this and i was a a number of times i look i looked at it and it was just like what in the fuck is this this is not for me this is some like crypto thing it says nothing to do with what i'm doing like the fuck you guys talking about i'm like i'm pretty sure i went to like the flamingo dows i vaguely remember going to like flamingo dows site and i was like a dow what the fuck is this this has nothing what are you guys talking about this has nothing to do with what I do.
35:50And then people kept bugging me like, really, I think you should look at this. Then I looked at it and I went to super rare. And I looked at all of the like top selling artists. And then it was like, read a second, I recognize these people. These are people that are in my like, you know, sort of like crowd of sort of like digital artists and 3d artists or whatever. and they're selling jpegs for like tens of thousands of dollars like what the fuck and then i was sort of like okay i'm more popular than all of these people if they could sell jpegs for like ten thousand dollars why the fuck couldn't i sell j for ten thousand dollars and so it really like clicked and right at that time too it also sort of like clicked that it was like wait a second this is what stopped digital art from being part of the broader art world there's no like real way to collect it there's no way to collect it that sort of like is meaningful and this process isn't new the process of all you had was like deviant art and you could show it in deviant art people but what do you do with it that's it you could show it and and you could collect it but you had to print it out or you had to you know give somebody a zip drive or a floppy disc or whatever, all these ways that didn't really resonate with people as like a real like way of collecting.
37:19And nobody was looking at it really in like a collecting sort of like mindset. And so I realized at that time that this was not a new process, that this had happened with other art forms. Photography, that's not art, that's just photography, that's craft, that's not actual art uh street art that's graffiti that's not art that's that's graffiti that's not art vinyl collectibles those are just toys that's not art those are just toys for kids to like collect and then with all of those things then it was sort of like oh okay yeah i guess it is art and then it became part of like actual sort of quote-unquote art and like so this was this was that moment with digital art and like I could like feel that and it was like wait a second wow I feel like I am actually the most popular digital artist like at this moment where this thing is like going like fucking crazy and it was like wow this is like fucking like nuts or whatever and so then you know very quickly after that like click happened like as soon as it like clicked it immediately clicked and then I was like okay I'm fucking done with the client work I'm gonna try and like figure out if I can like do this thing like and so I immediately just like the night I talked to Pac you know immediately after I saw that super thing immediately texted him I was just like Pac was the the number one selling artist on there I'm like okay I know Pac immediately texted Pac what the fuck is going on here what and so we had this big long chat um where he was trying to explain it to me, and he, you know, kind of explained the collectors, and the sort of, you know, how the sort of ecosystem worked with the marketplaces, and all this stuff, and then from there, I just, like, completely just, like, this is the fucking thing, immediately, like, within the next week, I'd talk to the founders of Nifty Gateway, Super Air, I'd talk to Xcopy, I'd talk to blah, blah, blah, like, everybody I could fucking get on a Zoom with, It was like, guys, what the fuck is going on?
39:30And I talked to Cole and talked to like, you know, everybody I could to sort of like understand this. And then I think my next drop was like two weeks later. And so it was like, and then we were just, we were fucking off to the races because it was like, and immediately just like, this is the fucking thing. It also combined, you know, a lot of the things, it combined everything that I was interested in. I would say the only other sort of tiny side interest I have besides art is like sort of like fine, not finance, but like, you know, I would kind of like trade stocks, retail sort of like stocks and sort of keeping up with that.
40:14And again, not like crazy degen or whatever. I was actually pretty sort of conservative or whatever. But that was was interesting to me, the like stock market. so here's this thing that you know i felt like i was kind of utilizing my computer science degree a little art and then this you know a mix of sort of like investing and so i was like okay this is a fucking thing like i was i was all there how do you think about it now you don't make an nft every day no because you sold um the 2020 and the 2021 collections and there were relatively limited nfts and you obviously had the big one of one that became very famous.
40:56But then what do you do now in that respect? Because you're still producing the work every day. Yeah, so we're still making every day. Are they commissioned now? How does that work? No, they're just like literally just like the same way before. It's just like make whatever the fuck I want. And then people sometimes are like, hey, can I buy that one? And it's like sometimes I say yes and sometimes I say no. Most of the time I say no. And so that's kind of how we are. I will say I would like to, and that's one of the things on my kind of to-do list, is make the process of the everydays more on-chain.
41:40So that I'm minimally having some record on-chain of each everyday. I feel like that is something that I... Regardless of monetization or change of ownership, it's like they should be stored permanently. That's the whole point. A hundred percent. And so that is one of the things I think what's kind of stopped me from doing that is not knowing how to do that in a way that feels authentic. authentic but that is something I really do need to sort of like crack because I think right now they exist you know in a smattering of social media shit that who the fuck knows I could piss off Elon and piss off Mark and we'll just go ahead and shut that down we'll go ahead and turn the volume down on you and so that to me again is sort of one of the things that i think is really you know great about the bot chain is that it is decentralized and it's like no i'm not keep fucking posting whatever the fuck i want and so um yeah i think figuring out a good meaningful way to sort of like and i had a bunch of ideas of how that could happen i think um that is sort of the next kind of like evolution of the everydays is is bringing that so if any listeners have any suggestions on how we could approach it because again there's a lot of different ways like yeah i could just mint the fucking nft every day but it's sort of like well also they're not i mean the inscriptions idea is closer to what you're thinking of because again it still lives on an aws server as an image you know this it's kind of it's still not perfect so yeah no and that's the other thing and and the inscriptions and stuff like that and like having it be actually on chain i mean these are you know 4k files every day that are you know 25 meg and so it's like Like, it's got to be, I think, having at least some record of the metadata or some way of putting it at least somewhat on-chain.
44:04I'm not personally a huge, like, every fucking thing needs to be 1 ,000 % on-chain because at the end of the day, I think the things that we value, regardless of the AWS going down or blah, blah, blah, like, it's backed up other places. and so i think the things that we want to um save culturally that are important to us we will save i mean you look at namjoon pike you know installations and and sort of like tv sculptures or whatever we keep those working we keep old apple 2e computers working that we you know Damien Hirst shark and formaldehyde that's still you know surviving take the fucking shark out change the fucking formaldehyde whatever like or paintings that are hundreds of years old it's sort of like okay it's covered in you know 300 years of shit clean it off you know touch it up blah blah blah like that's the thing if if culture still values it in the future they will find a way to preserve it and it will only get easier as we have more and more tools in the future to preserve these sort of like old things unless of course there's some i don't know fucking ai fucking i don't know apocalypse or whatever it will get easier to preserve things what was it like for you going from the digital world and that kind of not corporate but you know professional career you don't think that nft is great suddenly the trad art world comes to you that must have been kind of weird suddenly you know you've got the auction houses and people like tico mcgrabi and all of the people suddenly coming into your sphere realizing that you're onto something new what was that like it must have been kind of surreal it was definitely very surreal because I think it's it was it was a surreal moment sort of just creating all this stuff and then it just felt way too good to be true because it was sort of like it was like here's all this stuff you've already been doing that's great you already felt like you had gotten you know again I was like making good money it was sort of like okay I'm and gotten you know recognition I've got you know millions of hours and all these great clients and blah blah blah and then it's like oh so all that stuff you've been doing it's even way more valuable than you thought and it's like oh okay wait really really all this stuff so all these pictures that i've already made before that i thought i'd already gotten you know the full sort of like value and whatever you know uh sort of good good graces or whatever positive outcomes from these making these pictures there's even way more than that it's like okay like it's just uh it was definitely very surreal but i think um you know it to me is is such a like bigger moment than that and and something that i just feel very very very humbled to be you know a part of because again i didn't invent nfts i didn't invent this blockchain i had to be dragged and fucking like convinced that it was like you know something that would be super sort of like beneficial to me and i just sort of you know kind of happened to be this very, very popular artist at a time when everybody was locked in their houses and starting to sort of like, hmm, what are these J-Pings things?
48:01And what if we gamble on those? You know what I mean? And so, yeah. But also, there's an element of you kind of had the right art at the right time. So I always think of art as a snapshot of culture. And this culture got kind of super condensed because of the pandemic. So everyone was at home. So here's the internet culture. It's our only culture now because we can't fucking get out of our houses. Yeah. On top of it is crypto really starts coming into the mainstream as people are starting to understand that the governments are printing money and all of this big thing. And then the art of that period is the essence of culture.
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48:49And if I go back and look at art of any period, whether it is like I was lucky enough to grow up in the late 90s in London, which was Damien Hirst, Tracy Emin. It was all about blur, its oasis. London was the epicenter of everything. Sure. And that will always have value, Damien Hirst, because it is just a snapshot of that. like warhol is a snapshot of the 60s the counterculture revolution and the commercialization and all of that stuff and that's what i see this now and it really strikes me um it really struck me yet again um when we were at your place at the studio a few weeks ago is when you look around a room and everybody's one degree of separation from anybody who matters anywhere yeah and we're not talking about it's a bunch of artists with their noses up or art galleries no no it's finance people technology people art people um trad art people random people who've just come into this space and you're like they're musicians everything and you're like okay this is special this feels like the really early stage of something that this magic won't be around in five years time yeah 100 and and uh i couldn't agree more it it really like feels like a moment that um it's just so special and and the amount it was a number of people to your point that you could kind of fit your whole head around it you know what i mean and that's right like you could fit your head around and it was a bunch of different things too it was sort of like you know all of these crazy pfps and and sort of all the the generative stuff and all the the other you know x copy and sort of more uh just other types of digital artists um all sort of like converging and And, you know, nobody knows what's going on.
50:49Nobody knows the rules of this. Everybody's trying new things. Everybody's seeing what everybody else is trying and is inspired by them to, oh, okay, I see how they tried that. What if we did that but then sort of, like, mix in this technology or this sort of aesthetic? And, like, things are, you know, becoming very popular very fast and then very not popular very fast. and just this sense of, just a crazy sense of community, you know, around it that, to me, just is very, I don't know, it's this, it's like a weird mix of, like, PvP, fucking zero-sum game, fucking, you know, fuck you, pay me, and also very supportive.
51:46Because it's like, obviously there's money being traded and that's a big piece of it. I'm not like so naive to be like, this is just about beautiful art and fucking Gigi. It's like, okay, no, no, no. There's a lot about, it's kind of a lot about money. It's kind of a lot about money. But then there is really also to me that element of like, you know, something more, I don't know, cultural and something special about it that that does i feel like kind of i don't know make it not just about money hey everyone we're gonna take another quick break and hear a word from our partners and then we'll be right back no i don't i think it's culture has value it always does music you know why we like music particularly why we like vinyl is because it's like it's like an nft of your music it's a it's a thing and you and it's got that moment in time it's like you know i click rock and roll photographs because they're a moment in time and they're signed by the artist and that kind of captures it and stuff like that so you know i think it's great who else do you think are the artists and that will be remembered from this moment in time.
53:13X-Copy seems to be one, because he seemed to be completely... He was like somewhere between Basquiat and Banksy, just doing his own crazy English thing. I think he's... To me, he strikes me as being very much like Basquiat, in a way, that it's this sort of digital, kind of like um very expressive sort of uh art but he also gets the culture of the internet and of crypto and all of it 100 100 and and that's why immediately after coming into the space it was like who is this which i never heard of him before this the um you know sort of coming into the space and was like x copy if he's this thing seems to be coming up quite a lot and Josie Bellini was another one I talked to very early on too.
54:03But yeah, I think definitely, you know, his stuff will work around. I think, you know, Eric with the squiggles obviously has been, you know, a massive sort of like moment and Tyler with the Fidenzas. I think those are things that really, you know, showed people the value of generative art in this new sort of like space. Because obviously generative art is not new, But I think in combining it with the blockchain, you know, it had this multiplier effect that I think people saw. The other thing I think is really interesting is Rafiq has taken that and turned it up to 11. Yeah, 100%. Rafiq, I think the way he's sort of like showing people sort of, you know, I think his work is really kind of showing is very accessible to people and is something where they can see it.
54:57And it almost. There's no cocks in it generally, right? There's very few. There are some. There are some. I think it's something where it, for me, it's like an animated Jackson Pollock. And so it connects, it has enough of the old language of, you know, almost looking like splattered paint that it like people can see that abstraction in it and it connects with something they already know. but it's something obviously very new that it bridges that in a way that is very accessible to people they're like oh okay i see how this digital art can be something that has a connection to or can affect an emotional connection in me you know what i mean versus i think to the average person a lot of my stuff is kind of like whoa what the fuck is that like Like, it's definitely, it's almost like too.
55:59My wife goes past my two peoples that I've collected, and she's like, what's wrong with you? I'm like, look, it's, I don't even bother explaining. I said, look, it doesn't matter. It's almost like too jarringly different from what you've seen in the past that it's like, what the fuck is that? Like, and so I think, yeah, I think, but I think all of these things, you know are sort of like pushing in different directions and pushing um pushing our idea of what art could be what an artist could be um you know in new ways that i think will have sort of have ripple effects you know sort of over time and you and i talked quite a lot about uh recently about the new mediums that are coming as well because the mediums are changing right things are becoming more 3d and yeah you know you are a boomer and don't think the apple glasses are valuable i i just think you're just being short-sighted and that just give it one iteration and you'll be designing 3d one iteration you are out of your fucking mind man one iteration that suddenly the midwest boomer came out and you oh nobody's ever gonna wear these take it off the fucking pull over i'm fucking pissed off no the um that's the thing one iteration like these things aren't 50 smaller from being like mainstream they literally to be mainstream enough where you would wear them and not be literally ridiculed they would need to be I believe 95 % smaller.
57:47I don't even think if they were 10 % of what they were, 10 % would still be like some pretty big fucking glasses. I believe they would literally need 95 % smaller. We'll agree that you're wrong. No, I mean, I haven't got that. I won't even buy the first iteration because I can see the same thing. They're too clunky. I assume it'll get better over time. what i'm really interested in this i'm wondering it definitely will get better in time i think i think that maybe i was not clear about that though is it's more so like i just was hoping because i'm such a fucking dork that they would make glasses that i could wear all the time like that's it i just wanted like like yes this is what it will be eventually but i wanted something right now that i could wear all the time you know what i mean i do what where my head is at with this is because I tend to live a bit in the future on on stuff looking at macro trends as I'm thinking okay I've heard your story you started in the early days of the internet you started using digital art so computers came first you can make digital art you couldn't make them discoverable nobody could see them you have to use a floppy disk so suddenly the internet comes it's a bit clunky but your early days right and there's a few artists from that period not many and I'm seeing a new medium arising in front of us and somebody is going to understand its future importance like you did of the internet and that's what i'm thinking about is like there is something so huge in an ar world where all around us we could have 3d objects that is exciting i 100 percent agree and and i a hundred percent agree that ar will be the next um iteration of sort of like computing and in the way that we sort of went from the desktop computer to kind of the internet the sort of the smartphone the next one i believe will very much be be ai or ar um and i think that will be quite profound and I think the ability to have artistic experiences where everything is is really kind of on the table there I mean you could I think there will be filters I think there will be in the future artists who literally just make filters that change the way you see the world and they will be very popular and like i think some people will literally just walk around the world with filters on that like make everything look a certain way and it'll be like they haven't actually seen fucking what real things look like and who the fuck knows how long because they just we're everything looks like a fucking van go painting to them um and so i think there's there's many things like that and i think and it's not that far away really what's up it's not that far away in time no i don't think it's that far away but it's just not here now you know what i mean like it's not and so to me it's it's definitely something that i can fucking geek out and you know sort of uh you know imagine and imagine all the crazy things and and i did a bunch of concept work for magic leap and so i really thought a lot about when AR is, when we're all seeing the same thing in AR, like, there's so many cool things with that.
1:01:23Like, I mean, just, just tiny interactions with like leaving little objects around the house that your family members could discover. Like I did a bunch of work with that. Just like, you know, pranks you could play on people that you could like, you know, I did this one video where there's like, somebody put a bunch of like poopy diapers in this like fucking living room. and like, you know, their friend, their friend would come home and be like, what the fuck is this? And there's like a bunch of dogs everywhere with it. And like, you know, you could leave your wife flowers, virtual flowers on the counter.
1:01:56So when she came down for breakfast, it's like, oh, wow, here's this flowers. And it's this giant, you know, it's not just like a vase that you could get flowers. It's some crazy fucking flower thing that's like, you know, this massive thing or whatever. And so, you know, you can have little virtual friends that are walking around your, like, fucking, you know, desktop right here and, like, telling you stuff. And, like, you know, there's just a bazillion different, you know, crazy things that will happen from that. And so, to me, it's super, super exciting and something that I think will be, you know, will very much change how we look at this stuff.
1:02:35because two you you will be able to sort of live with with digital art in a way that is still pretty cumbersome i see you have like a screen behind you now but yeah that token frame i think they've gone bust because i can't reconnect the wallets i bought a bunch of nfts recently i can't it's like it's so clunky still to be able to display stuff but this will be like completely trivial to just be like here's this here's this here's this here's this this switches you know and I mean, like, you could just, within, you know, I believe you'll be able to literally just press a button, because it already will be able to see where your walls are, it knows the JPEGs you have, and it's just like, put these JPEGs, arrange them on my walls, it just puts them all on your walls, and it'll just be like, switch, and I'll just be like, switch them to a new fucking set, and it'll just be like, permanent there, you won't have to, like, keep placing them there, it'll be like, whenever you walk into this room, this is what you fucking c and like you could have a 3d sculpture in the like thing that's you know doing all kinds of crazy shit and animated and whatever and that switches out automatically and these things are permanent they're like they're just you see it every time you look over there you're not like going into the app it's just and you'll be wearing glasses like your own just regular glasses and you're just wearing it all day and so like your environment that you just take for granted and these passive things that are there that's just these passive things that are like in your environment all the time and there are all kinds of virtual digital objects yeah i i very much am super super excited for for that to kind of become a reality so generative art showed us that we can use ai to make art right and my the first my first thesis of this ai to agi stuff is we use it to augment ourselves first and then eventually it does a lot of things itself question is is i don't know if you saw there was this paper written randomly on twitter about how an ai model that had never been shown music or introduced music kind of discovered music it was it was freaky and I'm just thinking do these things discover art themselves do robots like art you know do they I think it's gonna be really interesting what it does with creativity it it it it I agree And I think it's really like the AI image generators got so good so fast that it really, to me, redefined my definition of what creativity even is.
1:05:20because it was sort of like I didn't really think they would be able to draw images that well and that creatively from just very simple prompts and the writing is the same way it's sort of like because you're so used to you know we've all become so used to like well whatever you want the computer to do you have to hyper specifically tell it it can't think for itself it can't have any level of like creativity there's there's no concept of creativity it's one zero do this do that do this do that period and now it's sort of like you give it something and it's like oh that's an interesting idea i never thought of and like that's that's new it coming up with something where you're like, oh, that never occurred to me.
1:06:18Because again, before this, it was like, I have to tell you exactly what I want and maybe you'll do it and maybe you won't. But you're certainly not going to surprise me. I mean, what kind of made my head spin is I started talking to my chat GBT4. I don't know if you've used the talk function and it talks back to you in a natural voice with the right pauses. Oh no, I've not used that. So most people chat and it types it out. no no no you're you're missing the the entire gig the entire gig is you press the button you talk to it say hey chat gpt blah blah blah blah you know why is people obsessed with dicks and it will come back and you have this conversation for hours i've literally had two hour conversations that's really interesting rabbit holes it's amazing i usually do it on the like web version that's what the app i assume uh it's on the app on the phone and it's really quick.
1:07:15You choose the kind of voice and it's not like Siri. It's like it pauses in the right thing. It speeds up words. It does stuff. It is crazy how it's just like even with the typing like it just really does not feel like you are talking to a computer. It feels like you are talking to a person in a way that is both very exciting to me and very kind of unsettling that it's like Jesus fucking Christ and like even to the point where you know I'm sure you've experienced where you kind of like you're like no I don't think so and then it'll kind of like rethink or it'll be like yeah yeah you're kind of right it's like what the fuck is like did I just convince the computer of something or like it's like there's just it's so bizarre and it's like i was actually watching um i don't know if you remember the movie ai artificial intelligence yeah yeah yeah kubrick i actually just re-watched it part of it um just like maybe like six months ago and it was you know their basic this was in i think the year 2000 or something like that and it was their vision of what artificial intelligence would be in the future and it was so fucking stupid it would just seem so dumb because it was like hello mommy i am like it was like like it felt like it was from the 50s like it was like nope that's not how it's gonna be like like you're just so robotic and so like no no that's not how ai turned out it's not robotic at all it's gonna be really fucking not like that like i could i just shut it off it was like this is like so dumb this is just like feels so fucking stupid now it's so clearly not the future you know um i don't know if you've been seeing that now they've got some of these large language models that can now fit on a mobile phone chip so yeah yeah and people go oh yeah yeah yeah when you try and explain to people okay i can take that phone and go to a different planet and reboot humanity yeah as a civilization because all of the history of human civilization is on that fucking chip yeah people again people still think of this thing as like a google search that's a bit smarter that talks to you i'm like no no this is all knowledge we've possibly fed it so far sure there's some ancient papyrus manuscripts haven't fed through it yet but they will come and it has everything so if you think of like an nft as nftr as a time capsule of culture these large language models are a time capsule of all of humanity yeah i think that that is what's very like crazy about it because i always and and kind of where i say about um sort of rethinking creativity and rethinking to me what it even means to be like fucking human to be honest and because i was always under the sort of impression that the last two jobs on earth before the machines took all the jobs were going to be artists and musicians programmed no more artists would fund musicians or whatever and programmers and now it's like i don't know if that's the case no me neither pretty good at art and it's pretty good at programming uh okay what else we got here and so there was a friend of mine i just did an interview with a guy called Doror and he was Oleg, Doror Oleg his view is that there is a human element that people pay a premium for and his idea is like if you think of the OnlyFans economy it's like humans seek attention so most of OnlyFans is not actually about the pornography or anything else it's actually to have your name read out or whatever it is to make you feel like you're recognised or seen or heard and obviously ai will do a whole bunch of that stuff and you won't be able to tell the difference but you'll still pay for some sort of human premium because humans are still humans you can't mate you can't yet mate with the machines yeah yeah yeah and i think that to me like now i actually think the last jobs are something that will be much more like empathetic or very like again like you said that something that you can only get from like humans yeah that that sort of like machines can't really kind of like replicate and so to me it's it's just i don't know it's been super i mean this right on the heels of all the nft shit it's just like why i don't know it's moving too fast especially because it's just moving so fast and it's just kind of like you know this whole like oh look at it can't do hands like i thought that was gonna be like that was gonna be a sack and then it was like oh like fucking six months later it's again now we can do hands now yeah there's now photo perfect photo perfect with like three word prompt looking at this you know the last like three versions of mid-journey i've been like okay but how could it be better like it's like oh mid-journey five and it's like that i don't it's already like perfect how could it be better and then you see the side by side it's like fuck it is better jesus christ and then the next the last version of mid-journey six which is like well that can't be better like it's again it was perfect how could it be better And you see, and it's like, fuck, it is actually still better.
1:13:17What the fuck? And so it's just. I mean, I'd hate to be a Hollywood filmmaker because that's coming fast too. It is coming fast. And I think that to me is like, I think, you know, there's such, I think, kind of fear in a lot of the sort of like artist community around this that I think is just not, I get it. And I think it's going to be very disruptive in kind of the short term in that everybody's expectations are going to need to sort of like move up. And this is not new. This has always been the case. Again, you look at sort of 25 years ago, 30 years ago, it was sort of like, does my business need a website?
1:14:10It was just like, I mean, not all businesses need websites. I mean, maybe your business needs a website. And then it was like, no, every business needs a website. I mean, for a while, I was like, does my business even need a logo? And it's like, I don't know, maybe it's just in the fucking, you know, white pages, yellow pages or whatever. It doesn't really need a logo. Who cares? And then it was like, no, it needs a logo. And then it was like, well, does my business need a social media presence? It's like, nah, maybe. I mean, it couldn't. And then it was like, no, definitely needs a social media presence.
1:14:40and now it's like does my video does my company need you know to have any sort of like videos made for it for a long time like video well that's very expensive you're not gonna be able to make videos you probably don't need that now it's like nope you definitely need videos and so these things like it sort of like will continue to level set up like this like now it's sort of like does my company like a feature-length documentary it's like almost no companies have that and it'll be like well that's one week of work like yeah i could have a feature-length documentary like it's like you know what i mean that explains exactly what your company does and its ethos and blah blah blah blah and like that before would have been like well we're not going to spend two million dollars making a feature-length documentary it's like well now that's two thousand dollars but how do we deal with that much abundance of content in in any way shape or form just more of everything because everything gets cheaper faster cheaper faster cheap faster and it's already overwhelming for us you know you know watch a good day on twitter good day on twitter is when something shocking has happened particularly in crypto twitter because that's fun everybody's losing their shit the day finishes with your post which is an encapsulation of the complete shit show that went on and like you are exhausted at the end of the day because there's so much content and stuff and you know there's everything is happening and we're just going to speed that up I don't even know how we cope Would you just turn off the machine and go and step outside or something?
1:16:09I, yeah That I don't know I mean it definitely will Even be Way, way more And I think it will be I mean It's just going to get More and more Personalized And more and more I mean I think about the number of like photos we all take now it's like i i look at when i was like you know i'm 42 and the amount of photos of me from like age zero to like five is like i mean i don't know my parents probably there's probably like a hundred maybe two hundred i don't know like you know not not none but not thousands you know and that's five years of my like thing now you could go a weekend and i take like fucking you know we generate 200 pictures of our fucking kit and fucking the hd video and blah blah blah blah blah blah blah blah blah blah blah blah blah and so it's like uh like i don't even know it's it's 6529 just said keep taking the photographs because it's important and let the AI catch up because he will sort it out for you so he can resurface all of that and I that stopped me in my tracks I thought you know that's exactly the right way of putting about it just because we can't sort all this shit now all the stuff that's on my phone the AI will sort that all out yeah and I understand what it is I want to see and when I think that could be it because at the at the end of the day we only have so much bandwidth and time and they're still only gonna be 24 hours in a day and so much shit you could see before you're like uh too much and i think that's where the ai really could sort of like you know really pick out those things that are really going to be like this is the thing you know i mean that's that's basically what these social media feeds are now and this will have your biometrics or whatever it is so it's going to know you're feeling kind of miserable when you show a picture that's going to make you laugh you know there's it it will do some amazing things with that whole it's your history i also think we become we will end up with photographic memory because you know if my apple mac here now as soon as they input a chip it'll see this conversation it'll know for forever everything we talked about yeah it'll see every twitter thing i've ever read everything i've ever read everything i've ever written anybody's ever talked to and i'll have a photographic memory of it forever and that's where i think again the glasses are gonna be crazy because they'll be like looking at everything and under not just looking at it and recording it like stupid like looking at it recording it and logging it and understanding it and so just like you said you're sitting there like you know if i get on remember when i talked to her all blah blah blah boom there's the thing and it's just like oh there's the thing let's scroll on through remember when he said play that clip and it was a bit and it was just like boom there's that fucking clip and it's like it it will yeah i i think that that will be crazy too again when we're all constantly wearing recording devices and recording everything going on in a way that's immediately searchable and indexed without any input on ours it's not like oh i gotta fucking okay we're gonna meditate for this photo blah blah blah it's like nope it understands exactly what's going on it understands what you're doing and like i was thinking about that too actually it was kind of freaky like thinking about it in the context of it understanding what you're understanding the relationships you have around you and what if it's sort of like oh my god i can't believe she said that she's not good for you she's not good happened two weeks ago and she's fucking bringing that up and like that's the fucking voice you hear in your fucking head and it could be trying to start shit and it's like or it could be like okay remember when two weeks ago that thing happened and like you know their dad is going through da da da da so like give them patience blah blah blah and it could start affecting because it is very acutely aware of all of our social like fucking what's going on it's recording everything and understands and hears everything it could really be this sort of like voice that kind of it's kind of just helping us sort of choose how to act and it's like well that is a very scary thought that i never really occurred to me the other thought that uh you came up with when we were chatting that i just thought was brilliant uh and it really made me stop and think it's like you were like whoever the fuck gets comes first with agi they're just gonna win all of the money in the markets oh yeah that actually scared the shit out of me when i thought of that when we were talking the other day too i was like because i'd actually never really thought of that either i was like what if somebody basically comes up with something that just can like win the market and it just suddenly starts amassing like fucking, it figures out because again, there's tiny patterns in the stock market.
1:21:37And when you find those tiny patterns, you can become Sam Bakeman freed and figure out this little fucking arbitrage thing and make yourself some money. But what if you were even better than that and you were able to like start really scooping up the money and to the point where everybody is sort of like well he knows the fucking secret sauce here i'm gonna give him my money and then it becomes this like that's where again the meme thing where it suddenly in the course of three weeks or a weekend somebody suddenly is like okay so that person just over the weekend amassed$2.7 trillion. This is...
1:22:20And then what do you do? Like, do you shut it down? Because somebody has... Well, how do you shut it down? If somebody's winning the stock market... Now, we know there's kind of renaissance technologies and everyone will be thinking this, oh, there's some smart people already doing it. I'm talking like at every time horizon, everything all at once, everywhere. So nobody else can make money. You know, theoretically, something like that is possible and as you say if somebody goes hey i've just broken the secret to all of trading and all of investment i'm just opening this eth wallet send me an eth i'll invest it as you say and who would not give this person your money and then again all of the fucking money is like fucking like gobbles up to one thing and then it's like again you can't just be like okay well we're just gonna pause the stock market because this person's winning everything all the global stock markets and currency we'll stop everything and we'll tell this guy ask him nicely not to do this yeah like so then what the fuck do you even do that's where i truly believe one person or one team could literally fuck everything up and then it's sort of like because again what do you exactly to your point what are you gonna be like please sir let us morons play this fucking dumb dumb game and you don't play because you're gonna take all of our fucking like marbles to keep playing our game and trading marbles back and forth you're taking too many of them i don't even know what you do then and like it's almost i almost feel like like then it was It actually freaked me out when I thought of it because then I was like, wait a second.
1:24:06I said, when I left there, it was stuck in my head the entire time. Me too. And I had just thought of it just as I was talking to you, to be quite honest. And then I was like, and then I was hoping you were going to give me like, no, but this would happen. So that couldn't happen. And it was like, he knows way more about finance than me. And he didn't come up with any reason that couldn't happen. Then I was really freaked out. I was hoping you'd be like, no, so the reason that wouldn't happen is because X, Y, Z. And I was like, oh, he's not really coming up with a rebuttal for this. No, because even if it doesn't get every trade right, if it gets 80 % of trade right and does enough trades, it just takes all the money on earth.
1:24:44Dude, I don't even think it would need to do that because you would, again, the flywheel effects of if it was getting like, if you could just beat the market by like 20 % or 30%, like you don't even need to get anywhere close to 80 of your fucking trades right you need to get like i mean if you're fucking you know how many what do you think even fucking warren buffett or one of these people he's wrong the best traders in the best traders in the world are about some of them are below 50 but they just stop losses plus running their winners the best on average are maybe 60 winners but what does that mean how are you saying like 60 winners like so you do 100 trades in a month 60 of them make money now and 40 lose money because unlike twitter people actually lose money in trading as well you know twitter twitter just suggests that nobody loses money that we've all just made billions generally so you're saying okay so if it was like so 60 60 at what rate yeah that's right if you could do lots of them all the time it it really does depend i i need to think it through properly because there's stuff like time horizon do you want to capture the millisecond stuff or do you just say i know that the dollar is going to go up 50 over the next five years i'm just going to put a bazillion dollars into one try you know there are trades that can do everything you know if you'd have the code for the pandemic it's more like straight to elon musk wealth overnight yeah i think it's more like i'm looking at this is not like overnight but something that could in say um a couple weeks or a couple months suddenly amassed like oh shit okay this is now the like the biggest like uh company in the world and it literally just sprung up three months ago and it's now worth you know 4.5 trillion dollars and it's pretty like and it's it's it's betting right pretty quick and and then it's that because at that point it would be controlling the game a bit more because it's so big and then it's sort of like it can see what it's doing is fucking affecting the markets and it can see the psychology of like the fucking game theory of all this shit okay i'm gonna buy this shit nobody expects me to buy that and then i'm gonna fucking do this and i'm gonna fucking blah blah blah and like then this government's gonna say this and then like it can just basically fucking game it out and it's sort of like what are the humans gonna do if they take the last great game away i mean because they've beaten the machines have beating us at chess beating us and go beating us at pretty much everything and here we've got the stock market the last game in town it's going to take that too that that is true this is this is the ultimate game and if this game goes away i don't know what there is you know what it could be then yeah i don't know it's like it almost like it could be things that we could almost go back to like betting on weird arbitrary shit that like makes no difference or like like sports or something like that you know what i mean where it's sort of like it's kind of like this becomes the like value or like i don't know like it's you need to think how how companies would operate if the stock market and the speculation on them were not part of the equation?
1:28:30I have no idea, obviously. The other thing that I've come to realize is that as businesses use AI to develop product, to iterate on their product, build new models, AI is building AI, is building businesses building AI. I just think companies are going to be like meme coins. They'll be amazing for six months and then they'll be completely worthless. Like I used to use Otter AI for Zoom calls and it would do a transcript. It was pretty clunky but it was an AI that would do a transcript and send us both a note to say here's the summary of the conversation. Zoom have just brought one out. It's perfect.
1:29:09Well, goodbye Otter AI. And it's like, and they're only like a year old yeah i just think there's some weird velocity that's going to happen too that's going to be much more like crypto that we're all used to is things can be amazing for a short attention span and then just never remember them ever again a hundred percent and that's where again i go back to this like meme thing is like again and then you combine the meme of like the the sort of like one of these companies kind of like taking hold and like i don't know like that's where i could see something like crypto actually breaking everything because again i could see something where there's like hyperinflation and bitcoin just released goes to like you know truly a fucking insane escape velocity where everybody in the course of say a week or two weeks is sort of like, okay, fuck, the ship is going down, like, do I fucking jump off this ship because, like, this dollar and all this other shit is becoming rapidly fucking worthless, like, suddenly a cheeseburger just went from being$2 to$250 ,000, or just, and, like, this is rapidly becoming worthless because people truly do not have any fucking like uh any confidence in the dollar and again that is we we all take for granted that there's confidence in these money systems but again if the meme is there's no confidence anymore then in very quickly and that meme could could fucking like spread very quickly where everybody loses confidence where it's just like okay yeah no what were we thinking this is like we literally kept joking about how they were printing money no they're printing money like what are we doing and everybody within the course of just like you know two weeks or something is like this is the new system like i don't know like i could see that happening like a very very rapid switch to this new system which i don't even know what that would do like may or may not be good or like i i have no idea i've always thought that these were parallel systems and this was built specifically because this one was so fucked and that over time people have been migrating now could you get this rapid migration you know that's possible as well so listen final question for you what's next for you or for people um well we've set up a number of horrific uh fucking scenarios here so i don't know yeah because the The AI's taking your job.
1:31:57You're not wearing the Apple glasses. Everybody else is living in 3D world. You're miserable. And somebody else has won all the money. Other than that, what's left? I don't know. I guess it's just drawing a bunch of dicks.
1:32:16We're all just going to be fucking sitting around drawing dicks. I guess I'll still be good at that. I guess somebody will still appreciate that. No, I think to me, you know, sort of just kind of very high level is continuing to sort of like, you know, make art with the everydays and sort of we've got a bunch of these kind of kinetic sculptures similar to Human One that we're working on. And then just really figuring out how to utilize the studio here in this space to bring. It's an amazing studio. You've done an amazing thing. to bring people together and sort of, in my opinion, kind of, I look at this space as kind of something I see in museums in, you know, 10, 20 years or something like that.
1:33:03Something where they have experiential, immersive rooms and show a bunch of different digital content and are places where people gather and can see a wide variety and an actually diverse group of voices and ideas. I'm just laughing. I'm trying to take you seriously, and then I'm remembering going into the bathroom where there's the voiceover of you talking about poo. That's also something the museums will have.
1:33:43everybody walked into that bathroom fell about laughing a there's an uncomfortable picture of again male genitalia but then there's so you you are creating a museum space and it is epic i mean yeah i actually love like all of the your history that that space with all of what makes you and it's amazing it's super cool but there are male genitalia and weird sound bites in the bathrooms that's all i'm saying it may be the future i get it that is it's a weird future and i do think the future that that is one other thing is i do really think the future is going to be bizarre because i think these things are going to continue to technologies are going to continue to combine in ways that we do not expect and it's like oh okay yeah i guess if you combine that with that then yeah i guess you could do that and like i think we're at the very sort of like start of that as things you know kind of move faster and faster now and i think future's gonna be weird as fuck it's gonna be weird well time to be alive that's how i think about i'm like we're so privileged and we're privileged to be around this this little corner of it as well because it feels like we're right the epicenter of stuff and it's it's magic and i just feel blessed that we're all part of this whole thing and what i love is everyone's got a grin on their faces even however shit it is everyone's still got a grin on their faces because they're like yeah we're all in this together it's kind of fun and we're this is a point in time i agree very much agree mike that was a lot of fun and a lot of interesting stuff.
1:35:23Super appreciate it. Thank you very much. Yeah, thank you very much for taking the time to talk here. Super, super. Had a great time and yeah, very much appreciate it. We'll get you back another time. Awesome. So that was hilarious, wide-reaching and fascinating conversation. I just love this culture of the internet being recorded in art. And the way that Mike understands how people change on the internet and become juvenile, and he embraces that to create the kind of shock that it's meant for with that juvenile behavior and the drama of the internet that plays out every day. He's like a central piece.
1:36:13I mentioned it to him, and it's really something. It's like when something dramatic happens in crypto or the world at large, twitter or x is all ablaze it's everywhere people talking posting arguing fighting screaming shouting and memes are popping up and it's it's like this really buzzy town hall or village square and people kind of appears like the village idiot at the end of the day and goes here was your day for you and i see that post and it's always amazing i'm still scarred by some of them the sam bankman freed and the caroline ellison one where he's in prison i won't describe the details or the sam bankman freed um party scene with all of the sam bankman freeds that these things are stuck in my mind but at the time like it was a really tense moment and at the end of the day people's kind of summary of the day pops as a piece of art it's it's genius and i was lucky enough to be in his studio recently and because there was a lot of um very well-known people there um he put this uh every day together and then as soon as he's together he presses the red button on his desk and they airdrop from the ceiling as prints in fact i'm trying to say i think i've got one next to me here in the desk so these were done at people's place and these are the iterations I mean, typical people.
1:37:41So these are the iterations before the final thing came through, which is then printed and put onto X and forms part of the everydays. So it's a magic thing. And I've really got into NFTs over time as I've started to think of it as the peak of this whole crypto thing, the madness, the revolution, everything. I'm starting to think, okay, this collective part, the collecting part of culture and of the moment in time encapsulated in an NFT might well be incredibly valuable. A, it's a nice reminder of what's happening. You can see by NFTs behind me there, or some of them. But it's really something I think is going to be important in time because we are living through the exponential age.
1:38:33And this is the moment in time where it all really kicked off from about 2020 onwards. So I've become much bigger into NFTs. And I think over time, I'll probably end up just in that world as opposed to in the crypto world overall. That's not for now. That's a story for another day when I've got to the point that I want to get to in this whole crypto journey. But I'm really, really interested. And Mike's helped me with that journey as well. at real vision we're obviously minting our season three of the collective so don't forget to mint if you're watching this after the mint's gone through the collective is a nice way of us bringing together the collective approach of what is so great about this space different art different people different countries getting them together getting them to talk to each other share ideas and also can bring in some of that gaming elements that we kind of find fun on the internet the sort of thing that brings us together as people so there's a lot there so don't forget to mint all right see you around next time all of us together are living through the death of an old world and the birth of a new one.
1:39:50This is a fourth turning, but this is not the fourth turning of demographics or politics. This is the birth of the new technological age. This new world has a world of 3D printed rockets, crypto payments in space, discussions on the rights for humanoid robots, machine intelligence that may outperform our own, simulated worlds where autonomous AI agents write code for other autonomous AI agents. It's a world full of opportunity and full of difficulty too. You see, we are living history and it's happening much, much faster than any of us can comprehend. This is Reed's law, Metcalfe's law squared.
1:40:32Humanity has never gone through anything like this. But we have to comprehend and understand what is happening. It is into this world that the exponentialist is born the exponentialist is a new service from me raoul powell and david matten author of new world same humans it's an almanac of the fastest period of change ever witnessed in the human history a period of excitement exhilaration difficulty and terror and the exponentialist really is for humans first and investors second yes the opportunities are enormous all round. To find out more and get our special launch pricing, go to realvision.com forward slash the future.
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Raoul Pal welcomes renowned digital artist and NFT creator Beeple for a deep dive into Beeple’s career, his journey into crypto and NFTs, and where he thinks digital art is headed in the future. Raoul and Beeple discuss their hopes (and fears) for AI, how internet culture has shaped Beeple’s art, and why he believes augmented reality will alter how we see the world. Recorded on February 13, 2024…
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