00:00
I think this is one of the multi billion dollar trends that, like, you could be on right now, and I don't say that for hyperbole. Like, literally, this is the window. The tech is just now finally good enough. It's not quite there, but you need to start now, and you could disrupt all of these marketplaces.
00:22
Alright. I went out with, Hassan last night for dinner. Can I tell you about it really quick?
00:28
Do it. It was awesome. So
00:31
he, like, admires you a lot. Do you know that?
00:34
I admire him a lot.
00:36
So,
00:38
you pronounce his name Minhaj or Minhaj,
00:40
right, with an I think I think his name, has actually pronounced Hassan Minhaj.
00:46
Everybody calls him
00:48
Hassan Manage, because it sounds awesome, and it's like Nikki Manage. Nikki Manage.
00:53
And so, you know, whatever. I I don't know what the I don't know How how strict he is on that? Well, we so, basically, the story of this is Sean interviewed him,
01:03
last year. I thought I I'm on the street and I ran up and that, like, went and said, Hey. And it actually wasn't him. And I looked like an idiot, and I tweeted about it. And he texted me. I guess he got my number from you. And he texted me and we went and hung out. So this guy is, like, this, you know, pretty big deal comedian.
01:19
He is so smart. He's so much smarter than I am. And that's what I I learned that And number two, I was so
01:26
intimidated
01:27
to be around him because I didn't know if, like, if I I was, like, can I make him laugh? If I can make him laugh, I'm like, this is a win, and I I really didn't. I didn't make him laugh.
01:39
I failed. I I did not. I cannot make him laugh. And
01:43
he, like, showed me these books that he's reading, and I wanted to Google, like, I wanted to tweak this out, but I was too embarrassed. So maybe you could tell me, but I, like, like, googled, like, books on how to be funny? Because after I hung out after I hung out with him, I was like, dude, this guy's got me in a trance. Could tell me about anything. He's so funny and good at storytelling. Like, I'm so into it. And I was like, I wanna figure out how to be funny. And I went on Amazon, googled, like, how to be funny or, like, how to be clever. And do you remember years ago when I wrote that article about this guy who games the Amazon kindle system to rank really high, and it's like for shit books, but he, like, buys reviews.
02:21
Dude, it's like six of the top ten on page one. We're all him.
02:27
It's all this guy. I know the author. I know the guy's name. So it's all bullshit. What is there are there good books I can read you think on how to be funny or how to be clever. Like, I felt like such a nerd. Like, I was gonna tweet this out, but I'm gonna look like the biggest virgin on earth just like, how do I, like, be clever in a conversation?
02:44
Yeah. I I don't know, dude. I feel like this is a,
02:47
It's like a it's like a skill that's only passed down, like, you know, by hand. And you can it's only, like, trial by fire. Like, you have to, like, learn this when you're twelve. And get good at, like, busting people's balls and, like, saying the funny thing in class.
03:01
Like,
03:02
theo von has this, like, hilarious. I know you like Theo too. Here's this hilarious story he tells. He goes,
03:08
dude, I was in my, like, freshman. I remember the first time I realized I was funny as a comedian. He's like, I was a it was my fresh year at college.
03:16
And I was going to school in Louisiana or whatever. He's like, and my professor
03:21
said to our class, he was like, you know, look to your left. Look to your right, you know, statistics will say that, you know, one one of the one of the three of you,
03:31
one out of every three people are going to end up being, like, a child,
03:35
whatever, molester or something like that. He goes, and I stood up and I just go, not it.
03:42
He's, like, getting killed. And then he's, like, he's, like, that was the moment.
03:46
And, first of all, it's just a hilarious story. And secondly,
03:50
I think there's some truth to, like, you have these little moments where you get rewarded for being funny early on in life, and you're like, oh, more that. More of that. Alright. How do I get more that last because I I want more of that and then you just keep doing it? Talent's real, but I think it's a I think just like anything, like, know, some people will never be able to dunk, but you definitely can improve. You can learn how to dribble better than before. For sure. Like, there's gotta be a a skill. There there's definitely a skill here. You know, I think, like, the best are definitely just born better, but I can be good. I can be good at There's a YouTube video that you should watch. So I've gone down this rabbit hole. Probably also after I met, and and I was like, shit. He would tell me a story on the pod where he'd be talking, and I'm so
04:32
into the story.
04:33
I'm like, you know, what is it eating out the palm of his hand?
04:37
And then he would ask me a question mid story, and I just I'm like nodding, like, still listening. Like, it's a TV show. And then I didn't realize that he said something to me. Like, he said, he was telling some stories, like, everybody's got that kid growing up. Like, you had that kid. Who who was it for you?
04:51
And I was so in, like, enthralled by the story that I was just like, yes.
04:57
And I realized that I was like, oh, he asked me for a name. And then I thought about who that would be. And because I said and now I'd said, yes, that there is a kid. And he's like, who is it? And I was like, I can't remember any name growing up. I'm so into you that I've, like, forgotten who I am in my entire past. And so, you know, that was what was happening when he was telling stories. But he I asked him afterwards.
05:17
And I think he gave me a YouTube video that was fun. That that he that he's like, this is kinda interesting.
05:23
So it's called Mark Norman, how to write a joke. And I think it's like an hour long podcast.
05:29
So it's the the thing is called writing a joke with Mark Norman. And Mark Norman is a good joke writer. He's a funny comedian.
05:35
Yeah. He's great. And this one hour thing, he, like, kind of breaks down some of the,
05:42
like, mechanics of what makes something funny.
05:45
And it's not, like, follow this these three easy steps, and you too can be funny. But it is, like,
05:51
oh, okay. I could see how this, like, If I const if I consistently practice these mechanics,
05:57
I can take something that's, like, not so funny and make it funnier repeatedly.
06:01
And then, like, from there, there's more, the storytelling, and they're set and there's, like, tagging jokes. And there's other, like, things that you gotta learn, obviously, if you wanna do this well, but I think that video is pretty good. I'll watch that.
06:11
There's these guys who have this YouTube channel called charisma On Command, and it's a beautiful name. They've been doing it forever. Have you seen these guys?
06:19
Yeah. I remember for, like, maybe five, seven years ago, I was, like, watching those videos. Yeah. And they're cool. They're it could be a little lame because it's a it's a little bit more on, like, nerdy guys how to meet women, which is cool and fine, whatever. But, like, you know, I was not trying to I was dating my wife at the time. So I was like, wanna learn how to be, like, more charismatic. And I I remember their name, and they, like, taught a course on it. And, like, they had all this stuff. I was like, that's a beautiful name, charisma on command. Watch that Mark Norman joke. But anyway, hung out with this dude last night. It was dope. He paid for dinner. So good first date.
06:52
It was awesome.
06:53
Did you try to pay? Did you do the thing? Oh, no. For sure. A lot me. But I you know, it's funny. It's when I go to he, like, like this. We went to Grandmercy tavern, and he, like, set place which is, I guess, is like a fancy or kind of fancy place. And I was like, dude, you come here live? He goes, yeah, I love it. I go, I'm not even gonna look at a menu, whatever you wanna order for me. Just you just do it all. And that's that's how I love I love going to restaurants like that. I do that all the time. I'm like, I I don't care. I eat meat and vegetables, get whatever.
07:19
So I was I was the easiest day. After they order, then you complain. You gotta do that too. That's the the true debug move By the way, you know, one thing people liked from the last pod or maybe a couple of pods ago. I got a bunch of DMs about this. They were like, dude, I love the homie move that you said. And I was like, I don't even remember what he's talking about. He's like, he's like, remember the homie move. That's like one of the top ten things you've shared on the bond, which was you were like, dude, guess how many blah blah blah.
07:45
And, like, when you say that, obviously, it's something impressive, but I kinda guess low so that you can have your your punch line where you're like, a hundred million. And I'm like, oh, I only said ten because I kinda knew it's more than ten, but let me give you this moment.
07:58
People love that. That's what was hilarious.
08:01
Yeah. I saw the comments. People did dig that on YouTube.
08:05
Right.
08:06
So I made a little vow to
08:09
myself, to bring more
08:12
specific ideas and stories,
08:14
to the pod because I personally love the free flowing just whatever wherever our conversation goes, it goes.
08:19
But I wanna make sure that,
08:21
you know, we have the entree,
08:24
not just
08:25
tapas.
08:26
It's not just the appetizers. I wanna have the entree. So let's jump into a couple ideas. I got a few too. Or I got one big one.
08:33
I'm gonna go one and then you go one. Alright. So
08:36
we've talked about this a little bit in the past.
08:39
Dal Lee and, like, how much AI is advancing.
08:43
And I don't know if it's just like my TikTok feed keeps feeding me these, but every day I see a new incredible
08:50
thing
08:51
that AI can do. You have to explain what Dolly is. Blow me away.
08:55
What's that? You have to explain what Dolly is.
08:58
Oh, Dolly is a program. It's a artificial intelligence program,
09:02
Ali II, I think is the current name of it. That basically, you just type in any word and it generates
09:09
images on that. So you could be like Sampar,
09:13
you know,
09:14
fishing, and it will just generate images that, like, look like they're either hand drawn or like a stock photo that are sandpar fishing. Even though no such image exists, let's say it will create the image. So it, like, flips the whole idea of, like, creating art or taking photos or or painting something, and it kinda, like, flips it onsets. Like, no. Computers and robots can now do that almost as good if not in some cases better
09:40
than what would be, you know, the real thing or humans human stuff. And so you see that. You see deep fakes. Like, there's videos where you'll see the Mona Lisa, and then they're like, watch this, and they push a button also, the Mona Lisa starts turning her head and she starts wrapping, like, you know, notorious BIG, and it looks like the mouth is, like, in sync with the lyrics and the thing looks real. It's like, yeah. They just they can take an image and they could turn it into a video
10:04
using AI. Like, AI can basically say, oh, if I have this image, I know where the eyes and then those lips are. I have been trained on what talking looks like, what singing looks like, what looking around and acting natural looks like, and I could turn any image into that. And it's really good. It's really good. They could take Barack Obama and they can make him, like, this happened now with the Ukraine thing. They took the the Russian president, like, and the the way that people can photoshop an image to make it real,
10:29
you could take Barack Obama, and you can make it sound and look like he is saying something, you know, completely racist or whatever. Yeah, because I think, oh, Ben, I can't trust videos. Well, I heard a podcast about that particular one. I think someone made one of these things to show how amazing it is And then they also showed, but here's the downfall. And they made Obama. I think he said the n word or something like crazy, like, not cool. And they're like, he said that. And that amazing, obviously, he didn't, but, like, it seems exactly like he said it. This is where it's gonna get it's gonna get dangerous.
10:58
Totally.
10:59
And let me, so so, just keep going to some random examples. So there's another one where you You can draw, like, a very basic smiley face on,
11:09
on your iPad on this app called procreate.
11:13
And then you can it's basically just like eyes, nose, mouth. And you're just like pencil drawing it. Then you change the brush to the AI paint brush.
11:20
And you just kind of, like, shade in, like, you know, like, when a kid would, like, super blend a shape, and it, like,
11:26
colors in as if you, like, painted this in fine detail with the shadows and the colors. The and all you're doing is literally just moving your hand like a fool. And it's like, it knows already what, like, high quality art looks like, and it just turns your crappy art into high quality art.
11:42
It there it's amazing. And so every day, there's all these little amazing magic tricks, and they're not like fullproof yet, but the demo is getting ridiculously
11:50
impressive. And so I used it to come up with a logo for a business. I'm thinking about starting. I used it to come up with a logo, and it was awesome. Oh, I do that all the time. Yeah. If you just Google AI logo generator or brand generator, there's like four websites that you can use, and you just say, like,
12:04
I, you know, it's a legal
12:07
legal startup.
12:08
The mood is serious, but still sophisticated,
12:12
go. And it'll spit out, like, an in infinite number of logo variations
12:16
that you could then and you could be like, cool. Print this on business cards. That's how they make money. It's, like, how they make money. It's, like, print this on a business card or, like, give me the high quality photo. You actually use it. Right? Like, I used it. I used it. Yeah. Normally, what I do is I go to ninety nine designs, and I have, like, You ninety nine designs is amazing because you can get, like, thirty graphic designers to, like, make up a landing page. And you'd be like, I like details from number one. Number eight and number fourteen. And then someone combines all of them and they give me the one that I want. Whereas when you work with just one designer, you gotta, like, a, kinda be nice to them and be like, no, this this is you know, this is okay, but can you kinda change it like this instead? I could be like, you know, this sucks. Do this, but also, b, you can see all different combinations. And with Dolly, I'm excited to use it in that way.
12:57
And so let me give you, like,
13:00
a couple ideas that I've had based off of what I've seen. Here's what I I I think these can be very big ideas. Now the problem with these, I'll I'll solve the problem also,
13:09
is that I think it's so easy to do that you're gonna have a bunch of competition.
13:13
So, you know, you have to find a way to be defensible. But here we go, four ideas
13:17
that you can do with AI
13:20
like, right now. Okay. So number one
13:23
is,
13:25
which one do I wanna start with? Okay. So number one is gonna be
13:30
fake speech.
13:31
So I'm investing in this company called Unreal speech.
13:34
I don't know if you've heard this, but check this out. This guy sends me
13:38
a deep fake audio
13:40
of somebody of Gary v and Jordan Peterson reading the milk road. So I'm a just play one of these. I think you could hear it. Let me just is the milk road. The newsletter that brings you so much entertainment,
13:52
news and laughs, it should be illegal.
13:54
Yanno,
13:55
Hypothetically
13:56
speaking, of course.
13:58
Here's what's happening around crypto. Dude, it sounds Alright. So that's like Jordan Peterson. It's just like Jordan Peterson. Here's Gary V. This is the milk rope.
14:05
The newsletter that brings you so much entertainment,
14:08
news, and laughs, it should be illegal.
14:11
Yeah. No. Hypothetically speaking, of course. You can see a message up sometimes. Happening around crypto.
14:16
The new stable coin on the block.
14:19
So so you can That's amazing. That is so good. Is that available? There's very little there's very little training data,
14:27
and literally just, like, takes my thing you could see the the place where my my written stuff is like kind of like casual. I'm like, you know, blah blah blah blah. It's like it doesn't do that part very well. But the other parts, it does, like, pretty dang well for a very small amount of training. Unreal speech. Is it available to everyone?
14:45
Yeah. So, well, it's, like, it's, like, brand new. So,
14:48
as so he was, like, hey, yeah. Sean, you wanna never do an ad read again? He's like, you know, you have
14:54
hundreds of hours of audio of you and Sam's voice that's on the podcast. Like, all you need to do is just say the word and I I can make it to that you'll never have to do an ad read again. Did he do it? I can make you I can make it so that the milk road, it'll auto add a companion audio. Like, if somebody wants to listen to the news that are on the go, Like, it'll do it in your voice.
15:13
Like, I can just do that now. And I was like, wow. This is incredible. He's like, yeah. The and the way we're doing it is cheaper, faster and, like, more accurate than, like, the the kind of the other models that are out there on, like, Amazon or whatever.
15:25
So it's, like, you know, dramatically cheaper to do. A little bit expensive whenever you do this because it's like machine learning, but the cost just keeps falling every year, and then there's techniques to make it even smaller. And so think about this, like,
15:37
language translation. So for example, there's a world where we do this podcast
15:42
and unreal speech could translate this into another language in our voices with our tones. Right. But just speak in another language. And so now all of a sudden our podcast is in you know,
15:52
is being, you know, done in Spanish and in French and all these other languages and so we could grow without having to actually do extra work ourselves. Damn, dude. That's crazy.
16:01
All ad rates, stuff like that. So I think that's a that's a great business. There's also,
16:05
yeah, there's there's other kind of like use cases for it, but I'll I'll I'll leave it at that. Okay. Here's another one. Student essays.
16:12
So I told you about that guy who made a thing called write like sean dot com and it, like, I, like, mentioned it in my email and it, like, blew up and, like, caused him to have, like, a thousand dollar bill on his servers. And he he was, like, you know, oh, shit. Like, you know, the side project now is, like, a financial burden for me.
16:28
But basically, this guy trained AI to write like I do. And it was pretty damn good, and I shared an example last time.
16:36
But this is not like has nothing to do with me. It's just you could take any corpus of text data. In this case, he just used my Twitter feed as, like, the the corpus of texts, it could train it to write like that. Well, there's
16:47
one of the big things I, you know, I don't if you remember growing up, but, like, you get assigned. You have to write an essay in school.
16:53
And,
16:54
you know, some people would pay other people to do it for them. Some people would go find one online and try to plagiarize it. Well, this is gonna basically screw that whole thing up because
17:04
I'm gonna be able to go on there and say, hey,
17:07
write an essay about World War two and Germany's role in it,
17:13
in the sophistication of a tenth grader.
17:16
And it's just going to spit out a full essay or, like, a thousand versions of an essay, and I could just pick the one I like And I could just edit it in, like, maybe five minutes to, like, get rid of any, like, crappy computer mess ups. Dude, this is nasty. And, you remember turn it in?
17:32
Did you have turnitin dot com? Like, it would help you. Like, if you submitted, if you have to submit an essay
17:37
in high school, it happened. So I used to, like, I had this website that, like, would give you free essays and I would use them all the time.
17:45
You know, and, like, most well, I don't know. Most people do it, but, you know, a lot of people do it. And Some people out there will think this is okay.
17:52
Person.
17:54
And
17:56
a person did it. And it it was awesome. And I, you, like, rewrite it a little bit, but then they came up with turnitin dot com, which ended up becoming, like, a huge company and sold for billions of dollars, I believe, where you would turn in your paper essay, but then you also had to submit a an electronic copy, and it did a pretty good job of finding out if it was plagiarized Frankly, I have no idea how it did it, and I don't actually think it's that sophisticated of technology, but they just sold to schools and they, like, trusted that it was legitimate. Because, like, if you just Google a phrase
18:23
in quotations, you could see, like, where you know what I mean? It's, like, not, like, that sophisticated of a of a thing. But, like, it would alert teachers, like, okay, like, ninety eight percent of this is copied from somewhere else. Right.
18:34
But Yeah. Well, the teacher doesn't wanna, like, Google. The teacher doesn't wanna Google everybody's thing. So, yeah, that makes that makes total sense. And that's that's exactly the case. I think you're gonna have the creation of stuff of content on the AI,
18:46
auto generated content, and then you're gonna have the fact checking side detection businesses. Also, both are gonna boom. You could have things that's that take a video and say, is this a deep fake or is this a real video? You're gonna have another one that's like, is this a auto generated content or did a human write this? Like, it's like the opposite of caption. You know, when you go to a website and it says, prove that you're a human. It's gonna basically be like, prove this isn't a robot. It's basically what you're gonna have to do in order to trust that this person actually, like, did the work that it's that's required for this.
19:16
So I think that that's gonna be, like, on both sides, there's gonna be businesses. I'll give you another area that's gonna get totally disrupted.
19:24
Print and patterns. So people talk about, like, using AI for stock photos, using AI for, like, maybe like auto generated music. That's all gonna happen too. Here's what I think is like more, more low key, like when when, Patrick came on, he was talking about quilt businesses.
19:39
So there's a huge market of just pattern making.
19:42
So this is for all, like clothing,
19:45
you know,
19:46
blankets, you know, curtains,
19:48
whatever. Basically,
19:50
patterns and prints are everywhere, you know, in apparel and fashion.
19:54
And so if you wanna go and actually, like, make
19:58
clothing, you will often use like websites that have large libraries of patterns and prints. What happens is today somebody hand draws each one of those. It's like, oh, this floral pattern or this,
20:10
you know, repeating pattern of, you know, whatever. It can be like fire trucks for, like, you know, some kid thing or whatever.
20:16
And
20:17
then that person gets paid when you go buy that by that pattern, you buy it for whatever a hundred dollars, and now they get that as their, like, royalty stream.
20:25
Well, this is all gonna go AI in my opinion. Somebody can compete with these. These because the sites that do this, they're worth hundreds of millions of dollars. These places that have the creators and they have the services. Yeah. We talked about one of them. I forget what it was called.
20:37
I think it had gotten acquired by T. V. For, like, four hundred mill yeah. Flower something. Yeah. Some some flowers. Flower cloud or something.
20:45
They,
20:47
what that's gonna turn into is I'm gonna go on there. I'm gonna be like, cool. I'm making a,
20:53
you know,
20:54
Galaxy
20:55
the I want a Galaxy themed repeating pattern. So I'm just gonna write Galaxy themed repeating pattern, and it's going to generate
21:01
galaxy theme patterns, and then they will be able to charge
21:05
one tenth of what the other sites do because there's no human involved, and they'll keep all of that revenue for themselves. So they will become
21:12
the supply side of the market. So this is like, you can build a billion dollar marketplace.
21:17
Because you now don't have to worry about supply. It's what Uber's trying to do with self driving cars. Right? It's like, hey,
21:24
we can make these rides way cheaper. And we can, like, you know, make this whole system more efficient. We just gotta get to self driving, and Tesla's trying to do the same with the robot taxi. It's like the big idea in and transportation is getting rid of the driver. The same thing is gonna be the case with artists. It's like we're gonna get rid of the artists. We're gonna not need somebody to do the photography, the videography, the music, the pattern making,
21:46
you know, the the voice over work. That's what unreal speech is. Right? Voice over work.
21:50
The the the essay writing, the ninety nine designs.
21:53
Every single one of those, they're either gonna have to release this and kill their own supply or someone is gonna come and do it and eat their lunch. I think this is one of the multi billion dollar trends that, like, you could be on right now, and I don't say for hyperbole. Like, literally, this is the window. The tech is just now finally good enough. It's not quite there, but you need to start now and you could disrupt all of these marketplaces.
22:17
Do you ever recognize
22:18
stock image models on different websites?
22:23
Yeah. There's this guy who's in the bachelor who's a stock image
22:26
and he's, like, in, like, a bunch of, like, funny, like, whatever random, like, kids Halloween costumes. It's like, there's that guy. And then you see him again on this, like, hot sauce commercial, like, there's that guy. It is, like, this generic smiling black guy. And, it's like, they just reuse him everywhere. I saw like, the lady that was on the Google Analytics page, it was two ladies. And I saw one of them in public, and I went up and got a picture with her. And,
22:51
and, like, I saw her recognize her. And then there's this other lady that was on the Google analytics page. She's it's like it's all it's like a lot of times the same person, it's like a racially ambiguous
22:59
with, like, curly hair. It's like, you know, it could be Italian, it could be Black, it could be Jewish, white. Who knows? Like, it just represents everyone. And I see this woman everywhere on all different websites I used her a couple times. I love this lady, and I get sick of using the same pictures all the time. So for some of my projects, I've been using If you you can use Dolly, and you can use a couple other services, and they'll give you fake people. So I have a couple websites that have, testimonials,
23:24
and they're real testimonials, but I don't wanna use the people's, face because I didn't exactly ask them for it was like a email that they, like, wrote me. What I mean? I didn't wanna use, like, their face because they didn't give me permission, but, like, it's who cares just a sentence. I I can use that, and I'll use,
23:37
I Google ai
23:39
sample faces. And you can get all types of faces. And you could say, like, make this person, this race, make this person happy, make them serious. You can change it, and you can make them all types of stuff. And I've been using that for sample images because when we were running the hustle, every once in a while, we would, like, do it the right way where we would, like, use an image that was for commercial use. But sometimes, it would get categorized wrong, and we would we'd get, like, what do they call it? Like,
24:00
I forget what, biomedicine notice. Yeah. That's right. And they say, like, hey, you know, we're you have to in multiple times, we've had to pay five grand, you know, you just, like, oh, fuck these guys. Like, they're gonna cause that issue. We just got paying five thousand dollars and they're gonna go away. But this is we just gonna get,
24:14
you know, we're getting screwed here, but whatever we gotta do it. So I've been using them for stock images. So I don't have to,
24:20
worry about getting sued or getting one of these cease and desist letters.
24:24
Totally. It's gonna be the case with,
24:27
stock images. You know, like designers always use these libraries of like icons and illustrations, and there's, like, websites like the noun project and other things like that.
24:35
What so what Dolly did was basically they just read all of the text on the internet.
24:40
And then they used it to create new stuff. And some people are like, dude, that's messed up. Like, GitHub is doing this too. GitHub basically read all of the code that was on GitHub, they had a crawler basically index all of that. Learn they fed all of that that user data,
24:55
and they fed it into machine learning, and now they have this thing called GitHub Copilot, which is I think, like, I don't know how much it is. Like a hundred dollars a month or something like that. But it basically is like, you know, if you're a programmer, we will this help Copilot can basically help you write your code. You're like typing your code, and it'll just auto fill, like, auto complete.
25:11
That line is good. So it's like, oh, dude. That makes
25:14
you know, this two hundred fifty thousand dollar a year software developer
25:18
more efficient and more effective and less bugs and less mistakes and less thinking
25:22
it lets a less talented person sort of create these functions and and write code. And it's like a no brainer. Like, GitHub co pilot is gonna generate, like, hundreds of millions of dollars for GitHub. Like, basically, like, create this product flip to switch. It's gonna be a multi billion dollar product line just because it's generating so much revenue. Wow. And some people are mad about it because they're like, dude,
25:40
You read my code. You use my code as the training data, and I get nothing from this. Like, that's crazy. You're gonna basically put me out of a job by using my own data as the training data for this. And that's the same thing that's gonna happen. What these, like, these websites, by the way, Ben found, spoonflower. What's the name of the pattern?
25:57
So all you have to do if you're doing this is like, you're gonna go and you're gonna scrape and crawl spoon flower. You're gonna ingest all of the patterns with all of the tags. And then you're gonna basically train it train a dataset so that it says, okay. Cool. The this is what a pattern with x, y, and z keyword looks like. Great. Now you give me that keyword again. I can generate five hundred new patterns from scratch. And spoon flower is basically going to create its destroyer
26:23
in that sense. Like, it is gonna the data from these from stuff that's already on the internet is what's gonna destroy
26:28
those those services. And I say it kind of hard, like, you know, in a in a violent way, like destroy and all that stuff. But it is true. Like, these are gonna be very competitive very quickly, and it's gonna be, like, the same way that
26:40
the chess programs, like, got really good, really fast. And all of a sudden, it's like, oh, yeah. The human cannot be either in your chest or the game is kind of graphic design.
26:50
Yeah. Exactly.
26:51
Billage.
26:52
Yeah. Inslave
26:53
and pillage, you know, it's gonna go to your village. It's gonna kill the man. It's gonna marry all the women and it's gonna put the children to work. Like, that's what's gonna happen with this, these ai, marketplaces. That's my my prediction. Ben, go to this website. I I sent you the chat. Can you share this? Sam, I think you've used this before too, but it's a cool one for people who don't know.
27:12
It's this person does not exist dot com. That's what I used.
27:16
And so, like, look at this That looks like you bed kinda. I mean, it just looks like a basic white dude.
27:21
This guy, this is like a mud shot on tradeline.
27:24
It takes a quick picture of you from your webcam and it just makes someone like you.
27:28
This is a dude that this person does not exist. That's an AI composite of a face. So you can use this face anywhere in your website. We copy right for you because Nobody's gonna be like, hey, dude, that's me.
27:39
This is like such a useful funny website, and it shows you in the bottom right. It'll tell you exactly how the image was created site. It was imagined by a Gan, which is a type of machine learning thing or whatever.
27:51
Here's how it works. You can use it yourself. Yeah. Blah blah blah. And watch this. You can use it for cats, and horses and chemicals. It's like this camp this cat does not exist. And you can, like, click a cat and it'll, like, AI generated cat. Yeah. This is amazing. Usually just take screenshot of those and I use those on, like, different websites.
28:08
And so, so, yeah, those are three three ideas, I think I said, student essay generation,
28:13
unreal voices for voice overs,
28:16
and never, you know, never having to you're basically turning your voice into a programmable asset. And then patterns and prints. And that's just, like, that's not even saying some of the obvious ones that I met the other ones I mentioned, like, stock This is great.
28:33
A million dollars isn't cool. You know what's cool?
28:35
A billion dollar.
28:39
Alright. I have something for you. Have you heard of John Steinberg?
28:45
Is he the guy who did Cheddar? Yeah. So let listen to this story, and and I'm gonna there's a reason why I'm been telling you, but let me tell you the story. So, basically, John Steinberg was the COO of Buzzfeed for a long time. I think when he joined Buzzfeed, it was like twenty people. So he wasn't quite the co founder. But he was he worked his way up to be COO, and he was, like, the ad sales guy. He became COO, and he kinda was, like, pushing it hard. And it was almost like a co founder at Buzzfeed.
29:08
And he's incredibly aggressive,
29:11
very aggressive. And he started this thing years ago, like, eight years ago or maybe six years ago called Cheddar, And the whole shtick was that it was gonna be a live
29:20
TV station for Facebook live.
29:23
And when he launched it, we were just getting started and he, like, messaged me. He goes, have we met yet? Which was just an alpha, like, just such an alpha way to, like
29:33
Hey, I forgot your name.
29:37
Yeah. He was like, Hey, Dave. I was like, dude, it's, it says Sam, right, we're on Facebook. I know he Are you sorry. We're bad with names and basis.
29:44
Yeah. What?
29:47
He goes, have we met yet? We should meet. That's what he said. And they go, okay. Cool. He goes, I'm in San Francisco.
29:53
What's your office? I'll come tomorrow. That's what he said. And I was like, alright. For your calendar.
29:57
Yeah. So I hang out.
30:00
Nice nice guy, incredibly aggressive. Basically told me that, like, Buzzfeed was great, but he wanted to sell or something. Or I don't know if he said this right. I read about like, he wanted an exit and it didn't happen. So, like, he was like, I'm just gonna build this thing, and I'm gonna have an exit. And he's told me he goes, what's gonna happen is I'm gonna raise a little bit of money, like, thirty million dollars
30:19
It's gonna do pretty good. And then a big cable company is gonna buy us because it's just gonna be cheaper for them to buy us and to go make one of these cable like, a, like, a twenty four hour news network on their own, and there's gonna buy for, like, two hundred or three hundred million dollars. And at the time and even at the time they got bought, no one watched this thing. You would go into the Facebook live and, like, there'd be, like, twenty people watching it at any given point. It was all on Facebook. And, like, no one watched it. And I remember thinking like, this guy's crazy. This is not gonna work. No one wa this is this is nonsense. This is a bad business. This is a bad company. And two years in, he told me, he goes, in year two or three, we're gonna get acquired for a couple hundred million bucks. In year three, I think, he sold the business for two hundred fifty million dollars. One hundred percent called his shot. If you Google cheddar acquired -- To a cable company. -- to a cable company. To, like, an Australian cable company that I never heard I think they're popular in New York. I think they have, like, a thing in New York too, and he sold it. And he totally pulled it off, and he completely disappeared. He fell off the map before he was, like, speaking at all these conferences, But he called this shot and he nailed it. And I remember talking to other guys who worked in media industry, and they're like, yeah, he told me the exact same thing, and he absolutely called this shot. And this guy is so massive man. He's a shark. Not in a bad way, but like he just bulldozed through this. It just puts so much intensity and energy and he pulled it off. But the reason I'm bringing this up,
31:34
he did it. And another woman who were friends with Rebecca, did I asked her how she got popular on YouTube. She's like, well, I just quit my job, and I, like, worked fifty hours a week. I had, like, I got up at nine, and I, like, worked till seven, and, like, I studied the data. And I just treated it like a business, and it, like, became popular. Now I make, you know,
31:50
seven or eight figures, whatever she makes a year. And I'm rich and famous and whatever. It worked because I was talented and I worked hard and I treated it like a job.
31:57
What I think is gonna happen
31:59
And we this is a little circle jerky because both of you and I like Twitter. I think that very few people take Twitter seriously enough to do that you know, like five or eight years ago, we'd be like, mister Beast, you're gonna like dedicate your life to YouTube. That's the stupidest thing ever that won't work. Like, what are you doing? This is just a hobby. This is a joke. Now it's not it's not funny. Like, we all know that, like, that's real. You can become a YouTuber and, you know, you could be like mister Peace and make hundreds of millions of dollars a year. You become a Tiktoker and become, like, some of these other famous people. And do all this crazy stuff. No one takes that seriously about Twitter where they think, like, well, you know, if you just, like, quit and, like, take this seriously and, like, build a following and, like, write interesting stuff, And I think in the next two or three years,
32:39
we might see, like, a few empires be built on top of Twitter. And it sounds kinda silly now because, like, oh, it these, like, stupid, like, you know, Twitter threads of guys talking about x, y, and z, and summarizing Wikipedia. And they're kinda right. But I think that there's gonna be someone on Twitter that treats it kinda like Cheddar did kinda like mister Beast, and they take it really seriously. And I think there's actually a huge opening and a huge gap in the market right now where very few people are taking it seriously. And it's incredibly easy to capitalize on this second right now.
33:08
This is one of the more interesting things I feel like you've said. This is I actually I don't even think you normally think like this. I feel like this is it like,
33:17
this is not your You say a lot of interesting stuff, but it's you're you you usually fall into
33:23
I found this really interesting diamond in the rough. You're amazing at that. Another is,
33:28
I see what these people are doing, and let me break it down in simple terms, like, all they're doing is x.
33:35
And sometimes you're like, you know, this is a trend or an industry I see. This is different. This is, like,
33:41
This is something something different. So I like I like that you're bringing this up. Let's break this down. So every Do you agree with me?
33:49
At first, when you I think you tweeted this out. And I was like, I don't really understand what he's talking. I didn't really understand it.
33:56
Then you just explained it and it's I'm starting to come around on it. I'm like, oh, wait. He kinda right. Every
34:01
big social media platform has,
34:04
like, native stars.
34:05
So, yes, if you're,
34:07
you know, whatever, you're
34:09
the president and you go on Twitter, you're gonna get a bunch of followers. That's one thing. But, basically, if you take every medium, so podcasting,
34:16
you have Joe rogan. You have, like, then the people like Jo rogan, you have to call her daddy's and you have, like, other tip fairs, you have other people who, like, they become stars on that platform.
34:26
And they use that to build a
34:28
pretty big empire, you know, tens of millions, if not hundreds of millions that they can make off
34:34
YouTube, obviously, there's YouTubers.
34:36
TikTok has TikTok stars. People who were not famous on YouTube, but got famous on TikTok.
34:41
Instagram also. Right? There's Instagram models and Instagram like influencers that
34:46
they were nobody and they became big on Instagram. Multi billion dollar companies. We're talking, you know, Kardashians, Rihanna, like, these, like, huge things.
34:54
Well, I I think they were Rihanna Kardashian, they were big off of Instagram, they were big without it. Like, Instagram also and Instagram add turbocharged to them, but, like, there are other people that are, you know,
35:05
just Instagram. Like, Instagram made them famous. Like Dan Bilzerian is a good example. Right. It's like he's not famous without Instagram, then with Instagram, he becomes famous. And then now he does multiple platforms. Right? By the end, everybody does multiple platforms, but you kind of you're really good at the medium. So, like, for example, Dan Bosarian takes photos of himself blowing up cars with hot girls making bikinis. Guess what? Instagram is a visual, like, you know, just put one killer image on there and they're amazing at it. And so, that worked really well there. You're kinda right. Who is that on Twitter? Who is who is a Twitter native star. I don't even know what that would be. Like, is there somebody who who goes to it? I mean, there's a there's a few. Like, I would say, like, and I'm on Twitter ten times a day. Like, do I not know this? Like, you and I are, like, very miniature versions, but we haven't really, like, I'm taught in, like, Tahill is a bigger version. So our friend, Tahill Bloom, Trung, who used to work he is kinda like that. But, you know, we're still talking like five hundred thousand followers.
36:02
No one has really pushed it to where it's like, how do I get ten or twenty million? You know, how do I become like, how do I build a proper empire as opposed to a niche? Now the differences,
36:12
basically, between everything you mentioned in Twitter is Twitter is copy based. Tech base, whereas the other ones are visual based. So I think there's one of two routes that's gonna happen. You figure out how to add visuals to your thing and
36:23
videos don't usually do that well on Twitter, but pictures do. Or you just get really good at writing. And I was like, well, writing's at that port, but I'm like, wait, no, I'm an idiot. Like, you know who Danielle Steel or James Patterson is? Yeah. Yeah. Yeah. Of course. These people have sold literally a, like, I I believe Danielle Steel has sold, like, a hundred million plus books. I don't know if you know this, but in San Francisco, she's got, like, the biggest mansion in San Francisco.
36:47
The big billionaires row.
36:50
Her house is like the big fortress.
36:52
Yeah. And then you got James Patterson. I bet you he's a billionaire too. James Patterson basically writes like fifty books a year. I don't even know if he writes a lot of them if he just max his logo on it. But, like,
37:03
you know, I was thinking it was, like, well, our That sounds outrageous. But, okay,
37:07
I I forget, but it's maybe one a week. It's, like, one a month. They'll say, like, you know,
37:12
what he does is, like, it'll be, like, written by James Patterson and Bill Clinton. And then it says, like, and also this other name. And it's, like, a duo about the it's like a a story written about, like, the White House or something like that. And he, like, partners it's, like, this weird thing that he does. He he writes a ton. He's prolific. And a lot of, like, like, real quote authors, like, these, like, artist folks are like, oh, that's just garbage, but he's like, dude, I don't care. I'm pumping this shit out. Anyway,
37:38
authors,
37:38
like, definitely crush it still, and the power of the written word is very powerful enough to, like, you know, get these people buy all these books, and I still think that's possible. But I I I do think that we're gonna see, like, an empire built on top of Twitter. Arguably, you and I have
37:53
created we easily creates,
37:56
seven figures of personal
37:58
income through Twitter.
38:00
Maybe you could say even I I would have to add it up, maybe eight figures, but a lot,
38:04
I think though that there's gonna be literally billionaires
38:07
created on Twitter. And it hasn't happened yet, though.
38:11
Wow.
38:13
Yeah, what's we can't call ours empires. Like, what's a what's a very, very small, like a Lego. Like a convenience store?
38:20
Yeah. Like, we we create, like, a quickie mart. Yeah. We own, like, four Burger Kings.
38:26
You know what I mean? You're right. That saw hill and trunk are good examples of, like,
38:32
they
38:33
actually try.
38:34
So, like, they, like, religiously write content. They schedule it. They research it. They, like, publish. They, like, try to amplify it. They have cultural action at the bottom. And it works. And I've seen them crawl from zero
38:46
to Sothills at, like, half a million, maybe more. I don't know.
38:50
A lot of people don't even know that Trung so Trung worked at the Hussle. He wrote the daily email, We found him when he was working at, like, a as a financial analyst, not it was, like, it was all internal reports. We, like, he signed up for Twitter while he worked at my company. And we all, like, shared each other in this, like, silly circle, jerk circle. And now he's got six hundred thousand followers, and he's, like, a personality. And, like, people know him. Like, they talk about him and how he's funny and all this stuff. And I think it's gonna happen. And, like, when I tweeted out that event thing, a thousand people signed up, and I'm, like,
39:23
Oh my god. Like, why aren't you actually see Instagram? Like, you'll see, like, the Logan,
39:27
the Jake Pauls and the Logan Paul. They'll, like, say, like, I'm gonna be when they were starting on YouTube, they're like, we're gonna be at this location and they film all these crazy videos of all these people around us. No one's doing that shit for Twitter. And and I think that someone needs to just take the YouTuber playbook and just deploy it here and take it full time and seriously, and they could create tens or hundreds of millions of dollars of wealth. And so what would you do? Because, like, I think Well, the guys we talked about, they, you know, Sahel basically does,
39:52
like, kind of like mental model, intellectual,
39:55
like, stuff. It's like, oh, you know, either like kind of what I'll call, like, the generic life advice, generic business advice, or like,
40:04
you know, Hey, let me tell you about this phenomenon in psychology about cognitive biases. And here's thirty cognitive biases you you wanna be aware of. And, like, I don't know why these do so well. They do incredibly well. That's not my cup of tea, but it's definitely other people's cup of tea for that. Here's what they need to do. Here's how you cross the chasm. Here's how you cross this threshold. So, basically,
40:22
these guys are popular on this Twitter medium, and Twitter is a it feels like a one to one a little bit, or maybe like a one to ten. It's like me and my ten friends, like, consume this and we'll joke about it. But I'm not talking to a guy on the train or I'm not, like, talk telling a family member, like, hey, you know, did you guys see x, y, and z? Like, we're talking about that. So what they need to do is two things. Number one, they need to meet up with like mainstream celebrity people or like mainstream people and take pictures with them and show it. And it's like, oh, man, this guy is, like, bigger than just my little audience. Look at this. Like, these people, like, Arnold Sworszeneger likes this person and took a photo with them, that's amazing. The second thing that they need to do is they need to get off of Twitter and into real life. So for example,
41:03
in the early two thousand tens, when the casters of the world were coming out,
41:07
subways in Manhattan
41:09
were under priced in the, for the billboards. And a couple of these companies like subway Oscar, they go, let's advertise on these bill boards down in the subway and then we'll actually buy real bill boards. And people are like, why would you do that? Like, we could track all this on the internet. And they're like, well, because if we get it out of the internet. It's gonna see more than just an online thing, and it's gonna feel more like a real tangible thing. You know, you're gonna see, like, this ad next to, like, you know, afford ad, then next to this thing, it's gonna feel like this is actually a little bit more legitimate. And so what they need to figure out is how to do that. So you do that by having real life events you do that by, like, getting a book that you publish, you get that by getting a cameo on a TV show, and you, like, get everyone in on the like, hey, when check this out, they asked me to be a background on friends, like, here. Like, you could see my head in that hilarious. Like, you do these things like that where it's like, real life and, like, bigger than just this one to ten thing. And then people start taking you seriously and realize that it creates FOMO and it creates
42:00
social proof, and you start becoming actually culturally relevant. You know what I mean? And that's how you should do it. So you just, like, take pictures with you and celebrities and then try to, get in more in person stuff so you're off of the internet. And I think that would work.
42:13
Yeah. I think I think that's good advice. Like,
42:16
people will
42:18
believe about you, what you believe about yourself. And,
42:22
and also people will believe about you, what they think others believe about you. So if I see you hanging out, you know, if I see you, this is why YouTube works. Right? Like, people on YouTube will have, like, you know, or Instagram, they'll have, like, They're taking a picture, but that's actually the background. That's the picture. It's like, I'm just trying to show you that I'm sitting in this car or at this place or with these people,
42:44
And,
42:45
there's, like, everything that's said is actually in the background. The foreground is just kinda, like, your excuse to to say it. Or when Casey Neistat's, like, walking through New York, and he's kids coming up to him and goes, hey, what's up, kids? Say hi to the you're on the vlog. Like, you know what I mean? It's like, oh, wow. Like, in New York, Casey gets recognized everywhere. He's more than just what I see on my screen.
43:02
And, like, celebrities do this. They, like, when they, like, tip-off, you know, the paparazzi to come, like, take pictures of them and they, like, they, like, pretend like they're trying to not be seen, but then, like, they actually
43:12
It's like a deal. Like, hey, dude, I'm gonna be here. Come come show up and take my photo, and then we're gonna use that photo for this, or they'll, like, you know,
43:20
do stuff like that. So so I think that's a thing. Like, I had a buddy who created a, he's got, like, an online e commerce brand. They opened up their first store. Store's not gonna do that many sales, but just showing that, hey, we opened our first store in New York. It's like kind of like, wherever in New York, some like small place. And it's like, just that makes it feel like this brand is more trustworthy. It's more established. It's more legit. And then they had a bunch of friends. Like, fifteen friends show up, and they were like, doing a ribbon, ribbon cutting ceremony, and the friends are all like, hey, wow. Yeah. Yeah. Hey. Question for you. Like, you know, like, try to pretend like they're the media. And,
43:52
and, and, and, like, if you zoomed out, it's like ten people standing in a small register. But, like, from the right angle, it looked like a mob was at the store. And again, it's like this perception creates some version of reality. So I definitely think that helps I don't think that's enough to build the empire. I think you gotta do two things. One,
44:10
be in it for like the next seven years. Like, mister Beast, all these guys, they didn't start with, like, you know, as big as they are. It takes, like, five to seven years to build something, like, really truly massive.
44:20
The second is I would stop trying to jump off Twitter and go to other places and be like, this is where the good shit is. I'm gonna master this medium and this me Totally. I'm gonna make it work here.
44:31
The third is I would do some of the stuff that just helps build fame in the first place. So,
44:37
I think having your lane or your niche helps because it'll attract people who are interested in that. Second,
44:43
controversy
44:44
or collabbing with others, I think it's gonna work Yeah. And people don't do controversial stuff really on Twitter right now, but it should be like, oh my god. I called in to, like, this show, and I got you know, how people used to call into Howard Stern and, like, get them to, say this crazy shit. Like, check this out. Got them. You know what I mean?
45:00
Well, some some people do it that,
45:02
and it works. Like, there's a guy who's doing this with Zach Weinberg or something like that. He's like, basically I love that guy. Built and sold, like, I don't know, a two billion dollar company in, like, the biotech space or some shit like that.
45:13
But Why does everybody know him? Cause he's the guy who just will consistently shit on crypto. He just is challenging people to fights about crypto, and he's just trying to debate them in public and embarrass them. That is his whole shtick, and he's getting so much fame for dunkin on people in crypto. And,
45:27
because there's a set of audience that likes to a, watch a fight, And b,
45:32
that likes to is that his anti crypto, has some anti crypto feelings, and they're like, he is their champion. You go debate people because I don't know if I would be able to. And so that's That's exactly how Ben Shapiro got famous too, by the way.
45:43
And on top of that, then you have, like, Keith or Boy or whatever. People who are just like a dick. To other people. Like, he'll just, like, respond to somebody, like, wrong.
45:51
And they're like, well, explain. Like, you know, I'd love to hear your perspective, and he's like, don't share my perspective with fucking losers. I know. Like, he's, like, he'll, like, he'll shed on you once, and then he'll even if you try in good faith to come back, he'll be like, The data is out there. Go read a book. And like Yeah. One time, he was like, what time the best thing goes, I've forgotten more about startups than you'll ever even know. Yeah. Exactly. Or he'll be like, call me after your sixth unicorn because that's where I am or whatever. You know, like, he he's, like, you know, obnoxiously just, like, shitting on people. And it's hilarious. And because of that, like, the controversy spread. Some people hate him. Some people love him. And, he kinda uses that to to to to grow. So anyways, I I think controversy is also another anything. There's a bunch of things that people need to do, but I would say the main one is, like, find your your angle, your hook, your niche, like, for case nice that it's the daily vlog. For other people, it's the explainer videos. It's like whatever. You gotta find that for you on Twitter and then, like, do it for five to seven years and have faith that, like, like it wasn't obvious that being a youtuber was just such a big deal back then. I think it's not that obvious,
46:53
you know, to your point that you could do this on Twitter too.
46:57
Yeah. I, so that's my that's my I'm I'm
47:01
that's my pitch. I think it could be cool.
47:04
Alright. Can I tell you
47:06
about something that I kinda knew about but has recently blown my mind?
47:10
Yeah. It's the teal fellowship. So you know -- Yes. Amazing. -- what the teal fellowship is. Ben, I'm curious. Do you know what the teal fellowship was come come off mute for a bit? I think Sam already knows. I wanna talk to somebody who's maybe more where the audience is, which may, you know, aware but not familiar.
47:25
Yeah. So I know the field fellowship is tell you just my impression of someone who doesn't know a ton about it is just that it's for essentially high schoolers who are super geniuses,
47:34
and Peter Teel is gonna give you a bunch of money in order to not go to college and do something cool instead.
47:40
Kind of. You're in it's actually I think it's actually four people in college to leave college for a year. So a hundred k to basically leave college for a year and work on something interesting.
47:50
And, Ben, if I asked you, like, hey, is it like successful, unsuccessful. Do you have any idea?
47:58
No, except for that I know
48:02
what's his name? Did it?
48:04
The guy who did Ethereum. Vitalic. Yeah. Exactly. Vitalic. Yeah. Yeah. So
48:09
which by the way, I still haven't told my metallic story on air, which is I was in Amsterdam, and I saw him. And I couldn't think what to say, and he's walking right past me. And I just turned and went,
48:17
You're metallic.
48:18
And he didn't, like, look or say anything. He just kept walking, but it was him. I really
48:24
Can you have security with him?
48:26
No. He was walking all alone on the streets of Amsterdam at
48:29
at eight AM in the morning. It was just us.
48:34
Are some was the worst. Have you heard of HubSpot?
48:38
See, most CRMs are a cobbled together mess, but HubSpot is easy to adopt and actually looks gorgeous. I think I of our new CRM. Our software is the best. Hubspot,
48:48
grow better.
48:50
Yeah. I'd we need to protect this man. He never has security with him. And he's just like wanders around to random cafes and goes to events and stuff like this. I'm like, dude,
48:59
Yeah. I really hope he's got such good security that you just can't see them. I'm I'll that's what I'll tell myself.
49:05
So
49:06
This teal fellowship thing is amazing. The teal fellowship was exactly what you said.
49:11
Peter teal comes out. Peter teal is the kind of, original founder of PayPal.
49:16
He was the first investor in Facebook, but five hundred k into Facebook early on, which became hundreds of millions of dollars, not billions of dollars. And,
49:24
Also, you know, prolific investor and a bunch of other things, including SpaceX and and other businesses.
49:28
So
49:30
Peter Till comes out and he basically says,
49:32
college education,
49:34
is a bubble.
49:35
He says,
49:37
college education is is sort of a joke. He's like, you know, it hides under this this this, like, banner. Like, it's teaching you something, like, you're getting information, but really what you're getting is some version of, like, an insurance policy. Like, I got this degree, so I'm not gonna fall through the cracks of society. And you're getting like, you know, some status symbol. Like, oh, I got this stamp on my thing. So it's like a luxury. It's like a luxury product, like wearing a a nice bag. Your Harvard degree is like your Louis Vuitton bag. And, and so he talks about college and he's like, it's costs just keep going up and up and up, but the value and the the salaries that you make don't go up. And so it's just like overpriced bubble, just like the housing bubble. He says, and he says, I'm going to offer,
50:17
I'm gonna offer something called the teal fellowship, which is a hundred thousand dollars. If you drop out of college and go work on something interesting. And a bunch of people criticize them. They say,
50:27
dude, like, you know, how dare you? You're telling kids, like, the normal phrases, kids stay in school. You're like,
50:32
we get it. You're contrarian. You're saying kids, don't stay in go stay in school and you're like trying to get people to drop out. Like what kind of like you're worse than a vape, you know? And so, you know, people didn't like what he was doing. And other people were just like, oh, it's cool, but, like, you know, who knows if this is gonna work or not? Like, alright. You're gonna pay this kid a hundred grand to, you know, do a summer project. Great. So what?
50:54
This thing is amazing. It is produced. Yeah. It worked out really well, didn't it? And nobody talks about it. So let me tell you some of the things that have come out of this.
51:04
You have, like you said, Ethereum, which is like a hundred and seventy billion dollar market cap thing that came from Vitalik, probably like this generation's version of Facebook is like, you know, is Ethereum.
51:17
So that comes out of this where vitalik does the Tio fellowship and continues, you know, working on Ethereum during that time and, and he launches. So that's one super, super, super successful thing. Also Figma, which is like a seven between five and ten billion dollars -- It's closer to Temity. -- that takes on Adobe in the design space. And,
51:36
Dylan, who is, you know, the founder of Figma was in the, was in the teal fellowship.
51:42
Another one, Oyo Rooms. So this is in India. It's like a,
51:46
you know, kind of like a Airbnb ish sort of thing. It's like this hospitality,
51:51
you know, website.
51:53
Oyo rooms multi billion dollar company. Tensibility. I think. Illuminar technologies.
51:58
Most people don't know this. It's a, like, lidar
52:01
company that basically,
52:03
the technology you need for self driving cars. And this thing I think went public in a stack. This guy is, like, I don't know, twenty one, twenty two years old, twenty three years old, something like that. He's worth like a billion dollars. It's like one of the world's youngest billionaires, if not the youngest billionaire
52:16
off of this thing.
52:18
That is just alone is crazy. Also, polka dot, another crypto protocol valued at, you know, seven billion dollars.
52:25
Like, I just told you basically two hundred billion dollars worth of business value that has come from this program. And it's But then there's way more. There there's actually, like,
52:33
dozens that are in, like, the hundred million dollar range. I invested in a company that recently raised another round. I think it was owner dot com, the guy Adam.
52:40
He, he was a a teal fellow, and I believe I mean, that that that potentially could be a unicorn, but it's hundreds of millions for sure. And there's, like, dozens more like that. The reason I got a reminder of this was because I invested in Italianekai
52:53
is the founder of Italian. And he was, like, Yeah. Oh, yeah. I was a teal fellow. That's how I was like, how do we meet eventually? He's like, oh, yeah. I was a teal fellow. We came to your office and you gave a talk, and I thought it was awesome. And so that's why we kept in touch. And I was like, dude was a vitalic in the room. He's like, I don't think he's like, I don't think he was at that event, but he's like, dude, he used to, like, crash on our couch. Like, you know, he was part of the program, and
53:13
he's like, he's I was like, what was he like? He's like, he's genuinely the weirdest person ever. Like, the weirdest person I've ever met. And, like, he's like, yeah, in a good way and a bad way. Nothing, like, just nothing, like, nothing like I've ever seen. Just different different sort of cat. And,
53:29
I was like, this is this is too good.
53:32
I think I think you should, keep using the word cat, by the way.
53:35
You like how I did that? I've been doing something on wood shopping right now. Yeah. It looks good on you.
53:42
Yeah. I I take it out for a spin. I take it out of the garage,
53:45
you know, you know, twice a week and I just see do people kinda like flinch when I say that? You know, it was a good flinch. Tried it with lit, and that was I had to put that one back in storage. No. You're too old. Coming back out. I put that one on eBay, actually. Got rid of Yeah. No. You're yeah. You're you're you're you're too much of a gray bush for that one, but cat yeah. Cat was cool. I would stick with cat, but it is crazy, man. This the Peter Deal, I thought it first, it was real. It was kinda stupid. I'm like, dude, this is weird. Like, what are these, like, little eighteen year old nerds? Like, they're not gonna do anything interesting. Obviously, I was wrong.
54:16
I, like, I when I when I when I was, like, rethinking my opinion on it, I was like, wow, I guess just like,
54:23
high IQ matters. Like, it these guys, they're just they have more power than I do. I I always say they're just they're high you're higher functioning than me. You know, that's just the only way I can describe you have more horsepower. Your oven burns hotter. And it it actually
54:37
it it it it truly matters, and it makes a difference.
54:40
Your oven burns hotter. It's okay. Oh
54:46
god. I love that.
54:47
You know what I mean? They just got that. They got that that,
54:51
heater furnace. That's how I felt.
54:54
When I was at Twitch, I was like, I was like, okay. Let's see what are the, like, you know, I had kinda had opinions from the outside. Like, okay. At these big tech companies, what are the people like? What are the execs like? What are the average people like? You know, How hard do they work? How smart are they? Like, you know, do they have, like, all these processes that are way better than the messy stuff I was doing at my startup?
55:12
And, like, you know, for the most part, I would say it's kinda like, you know, I walked out a little cockier than I came in, and I came in pretty cocky. And that's what I was, you know, just sort of like, oh, okay. Like, they don't have some magic, you know, processes or the people aren't that much better.
55:26
Except, like, two or three people at the company. One of one of which was Ahmed, who's the founder.
55:31
You know,
55:32
we would sit down and he there would be, like, you know, data science would be presenting some report on, like, you know, some trends. And I'm just sitting there trying to, like, It's a six page memo.
55:42
I'm trying to, like, stop yawning because it's, like, I'm just, like, why do I keep yawning? I'm having this, like, you know, reflex, and I'm reading this thing. I'm just trying to understand these charts And, like, you just hear this little click and it's, like, someone's pen is down. And it's, like, you, you know, if you're taking a math that's, like, who's done with the test already? And it would be, Emma, he'd be like pens down. He'd be playing hearthstone on his phone.
56:01
And you're like, no. He, like, he must have already read this or, like, and he he must have skim And then then they're like, alright. Yeah. We're ready to start the discussion. And he would be like, so on page three, you know, this chart, actually, I noticed that the axis is a little wrong because you know, if this was true, then but then this other chart on page seven would show this. I'm like, what the you know, what is happening? How is your brain
56:23
processing this most information
56:25
this quickly,
56:26
and somehow always getting to, like, like, the heart of the issue. It's like, We all spent our time and energy, like, trying to parse out what's important. Like, he immediately got to what what was important and had the conclusion and had, like, the follow-up question and also identified why this Piper wasn't very good in the first place. And once I saw the brain doing that, I was like, oh, okay. There's just some cars, you know, have more horsepower, like, or as you said, the oven burns a little hotter. And, like, his oven burns way hotter than mine. And I was like, oh, that's good to know. Like, because I have this thing I always say, I like to see what level twelve looks like. Like,
56:59
What is oh, that speaker system's a little too loud for me, but, like, I wanna know what volume on twelve even is. I wanna feel, you know, my own chest leader, like, vibrating with the base and it's like, okay.
57:11
I I don't wanna be somebody who never sees it. I wanna see it.
57:15
What was he like in, like, real life, like, outside of work? Because have you ever seen some of these people interact in, like, normal, like, life, like, they, like, I told you about one friend that's, like, in intense, and he literally only owns a t two t shirts, one pair of underwear, one pair of socks, and his laptop. That was, like, only thing he owns. So he's worth hundreds of millions of dollars. And then, like, I know a bunch of these guys that are like this. And, like, for hobbies, they're just all in. And, like, so if they're into, like,
57:40
you know, like, fucking their body or something, they've got, like, every gadget you could ever imagine in their they they could tell you all about it. And or if they're into dieting, they've got, like, their pant, like, my friend, Jack, he's in a, supplements. He and he's got literally
57:54
thirty thousand dollars worth of supplements in a closet and they'd be like, what's this do? What's this do? What's this do? What's this do? And he just, like, test everything.
58:01
What was he like in,
58:02
like, like, was he, like, if he's into cars, could he, like, tell you every single thing about, like, a Porsche and what year it was from and why it was special?
58:10
Yeah. Yes. But before I tell you about him, I just read this thing. That was, like, about Sergei Brin, like, the co founder of Google, and it's like, oh, what is Sergei? Like, you know, because he's in the news because of the his wife and Elon and all that stuff. And some people are like, what is Sergei doing nowadays? Because he's not don't think he's at Google anymore.
58:25
And it said, over the last year or two, he's become
58:29
very into personal fitness. In fact, he has been trying to master several Olympic sports.
58:35
I was like, what?
58:36
Dude, I don't know man. I looked at this guy. He what, like, what Olympic sport pig pong. I don't know, like, feet shooting.
58:43
Yeah. Curling.
58:44
Yeah. The other one is the it said he's currently writing a physics textbook. And I was like, course he's writing a physics textbook. Like That's more like it. Come on. Yeah.
58:53
So so anyways, that yeah. These guys are wired like that. Where, like, when they go in, they go in, like, very deep.
58:59
And honestly, I don't know him super well because I interacted mostly at work.
59:04
And anytime it was outside of work, It was
59:07
it was really cool, but it was like, you know, limited. It wasn't like you hang out with them, like, a hundred times. It would maybe be more like five times, you know, something like that over the couple years that I was there.
59:16
What I would say is, like, a couple of little things that stood out. One,
59:21
he's like us. He's an idea machine. In fact, I need to get him on the podcast because You've been saying that for three years now. I know. I know. And when I was there, I didn't ask him because I was like, you know, already, you know, me doing podcast is not a, you know, I don't know. Yeah. You're like, dude, you wanna bail at noon and go and record?
59:37
Yeah. It's not everyone's favorite thing I do.
59:40
You know,
59:42
but but I think now I could do it.
59:44
But he would like like, he told me this idea. He's like, I tell you about his gym idea?
59:49
No.
59:49
He's like he's like, Jim's he's like, gyms need to be, made like video games. If I was gonna leave twitch, I might start this.
59:56
A gym that's structured like a video game. So he's like, this is how it works. You show up and you're like, at the beginning character of a, of a game, like, you show up, and we give you kind of like your basic uniform and we have a little little wrist strap that, like, tracks your level of, like, fitness and intensity as you work out. And you basically level up. And so, like, every time you come to the gym, you're earning points. And, like, as you earn points, like, we give you, like, better gear. Like, we'll give you the the, like, the the more fitted, you know, clothes that look cooler. And so you can, like, visibly see people's different levels as they go to the gym. You would be able to, like, go into sections of the gym that were previously locked to you. You would be able to get, like, protein shakes and stuff for free. And he's like, he's like, I think if you gamified a gym, people would come more. And, like, actually, this is kind of played out with Peloton. Peloton is very much organized like this with leaderboards, stuff like gamification.
01:00:43
But I was like, this is a crazy idea. He's like, yeah, it'd be like the world of warcraft of gyms. Like, people would grind,
01:00:49
like, years of their life to level up their character to sixty, and they would, like, work to do it. He's like, I think you could do that with a with a I was like, wow. Yeah. I mean, people do that with, like, karate and and jujitsu, you know, black belt brown belt blue belt type. Exactly. And they stick with it. They keep showing up because they're ten plus years. And he's like, but you know, you don't want the increments to be like a year before you cease of progress. Like, every time you come, you need to be earning a little bit more and getting a little bit more unlocked. You know, and see that the next milestone is just within reach.
01:01:15
So I thought that was interesting. The second one, he was, like,
01:01:19
he's, like, trying to plug in the computer to, like, screen share one time with me. Like, like normally these meetings, like, set up by somebody else, but, like, if it's just YouTube, like, you gotta do it. Plug it in. And he's like, he's fucking cables. He's like, you know, honestly, I think I could create, like, the Apple for, like, accessories, for computer accessories. He's like just, like, the best connecting cables the best cable management, the best plugs. He's like he's like nobody he's like, look at this. It's like every office in the world has these. And look at how bad they look, how ugly they are, how poorly they functioned idea. How confusing they are? He's like, I think you could just build, like, a really nicely designed cables and connectors and accessories company. For every office in the country and, like, you know, people would, people would pay for it. And I was like,
01:02:01
like, why do you think of these things? Like, this is weird. And so That's what people say about you. He had a dozen ideas that were like this when I was there. Alright. That's one thing that I noticed.
01:02:09
We'll wrap this up real quick, but I,
01:02:12
there's this famous story. So this guy named Chris Sacca was a popular investor and invested in, Instagram and a bunch of other stuff in Uber, and he's supposed to be one of the best angel investors of all time. He told the story somewhere where he is in Tahoe or Truche where he has a home and he's with his dad and Travis Kalinic right when he was about to start Uber, came over to just spend the weekend, you know, a family vacation.
01:02:36
And Travis,
01:02:37
and and Chris Sacca's dad, mister Sacca, they start playing, we tennis.
01:02:42
And Travis is playing and the dad's playing, and they just, like, are being casual.
01:02:46
And Travis was, like, Alright. You wanna step it up? So he steps it up and he just crushes him. And he just beats this guy, like,
01:02:53
so bad. And, mister Saco's like, what the hell man? And Travis goes, I've got a surprise to show you. And he puts the wii from his left hand into his right hand. He goes, I was playing left handed the whole time. I'm actually right handed. Let's really play. And he goes,
01:03:06
Travis goes, alright, but I do have to tell you something. And they go to the ratings board, and he's number two in the whole world at We tennis. And Chris Sacca was like, right then and there, I realized I never wanna compete against this guy because his drive and his hobby is winning. And he just proved that, like, in his free time of starting this company, he's just gonna be number one in the world that we, tennis,
01:03:28
just because. Just because he has to. And he just hustled my dad thinking that he was left handed and it worked perfectly. This guy is a winner, and that's Chris Saca said he invested him. It's like I just see his intensity and just walking around.
01:03:41
Dude, hundred percent agree. Peter Teels, the same way he's like a master or grand master at chess. And, like, the
01:03:48
in the PayPal mafia, which is now, like, the most successful entrepreneur group ever.
01:03:52
I think several of them were, like, very, very high level chess players.
01:03:57
The that that have gone through that, you know, that that, like, we're we're in that thing. There's like something to the the oven burns hotter. That's like true for some of these people. It's a combination of intensity and capability.
01:04:08
That is that is definitely true. Like,
01:04:11
another kind of like Emmett observation that I was like, that's weird. That doesn't seem normal.
01:04:17
So I guess two little ones. One was like, what do you do for fun? Like, what do you when you hang out? Like, what are you doing? He's like, oh, like, I love board games. He's like, you should come over like a board game night. And I was like, okay, like, what, like, what are we playing? Like, you know, monopoly, like twister. What do we got going here? And he's like,
01:04:33
this is looked out to me, like, we only pay, like, deep strategy games. And it was like, we only fight Kitan on, like, hard mode or, like, even Catan is, like, the beginner one. He, like, named two other games I don't even know about that, like, you know, or, like, this, the, they're, like, the board games that are, like, actually you know, like multi level multi hour strategy games. And, basically, it was him and the brothers from Stripe and, like, the the founder of Reddit, and they would just get together and play these games on the weekend. That's what they did. That's exactly how I want them to spend their time. Exactly. So I thought that was kinda funny. And then the the other one was, like,
01:05:05
we were in a meeting, and he we were talking about, like, I don't know, like, some policy, like, oh, these, you know, whatever.
01:05:10
Yes. Some girl streaming on Twitch and, like, her showing. Like, is that okay? But it's like, you know, she lives in Denmark, you know, what? What are the rules around this? Should we ban her or like what? And
01:05:21
And so there was always these policy questions coming up over and over and over again. And it felt like you can't win because whatever Twitch did, it was like, oh, dude, they're trying to control us, censor us, like, they're inconsistent. They should have also changed it over here. Like, it was a no win policy.
01:05:34
And then, you know, like, he would he would have these, like,
01:05:38
He would have these hobbies, which is, like, reading, like, old books that nobody would read. Like, no normal person's reading these books, and then he'd be able to connect the dots on two, like, completely unrelated things. This like Ben's podcast stuff where it's like, oh, actually, like, you know, the Roth child's
01:05:53
similarly set this up in a, you know, set up their will in a weird way because of this Maybe you should do this, like, dude, how do you know all this, like, really specific stuff from history?
01:06:01
He would be like, do you know how the potato farmers govern their, like, you know, farms in the Netherlands during the potato drought. And then, like, the head of policy at which is like, no. Just tell me what He's like, actually they had created this governing council that was blah blah blah and like the cool thing about this rule of law was blah blah blah. Maybe we should, you know, you should read that. Like, tell me what you think about it. And they're like, Alright. Like, where do I find this, like, out of print book that you read, like, randomly? And you remember what the potato farmers did. And so he would always bring these, like, really unrelated
01:06:31
examples in. That was one thing. And the other one was you he would debate you over semantics, like, to death.
01:06:39
So you would be like,
01:06:41
you know, like, it'd be like an exec off-site. He'd be like, and some people be like, you know, I just feel like we don't have enough, like, trust on the team and everyone's, like, nodding. Like, yeah, you know, like, you know, he said collaboration is a problem, whatever. And he'd be like, well, is it trust or collaboration? Because trust means this and collaboration means this. Like, well, you know, just like the general, like, trust, collaboration, just like working together better. He's like, but, like, again, define for me what you mean when you say trust. I just wanna make sure I have it right. And he's not trying to, like, it's not a Gotcha. He wants he's like a hyperliteral
01:07:09
person. So he's like, when you say
01:07:12
it's failing, I take that to me and it's failing. Is it failing, or is it this other thing? And people are, like, just getting lost in the sauce of this, like, semantical debate.
01:07:22
But, like, he really wanted to be hyperliteral
01:07:24
I've never seen anybody do this in a, you know, there were upside. That became a bad example here, but, like, I think you understand the general premise, which is that He really cared about words, what they mean, and why we're using them, and if we're using them correctly to describe what's going on. And everybody else was kinda hand wavy about stuff, especially like the higher you go up in an organization. You sort of get paid for being sort of high hand wavy like a politician. And he was the opposite of that. So these are some of the things I noticed that now when I invest in founders, I'm like, I invested this guy who created this company called SKio. And he's like, yeah. I'm just like, like, what'd you do before this? He's like, oh, it's a professional call duty player. Like, before that, I was, you know, I was, like, grinding in world of warcraft, like, it was a waste of time, but, like, yeah, it was a, you know, top three in the world or whatever. It's like, what? Oh, you were like a top three star craft player, like, you know, in this on the on the East Coast server, like, Okay. You're a winner and you're obsessive and you are like you find the rules of the game and then you like optimize to win it and sure enough now, like with this thing, He's this is like a wrecking ball with, like, acquiring customers because he just find this is the new game, and he's like finding rules, and he's like maximizing his edge in everything that he can do to the point where he's kind of like a nut job.
01:08:37
But, like, you know, it works.
01:08:39
At the end of episodes like this, I'm exhausted.
01:08:41
I feel like I just exerted so much energy both listening and speaking. Do you have to take a nap at the end of this? Because you just spoke, like, with incredibly high energy for we've done this for we're an hour and seventeen minutes in. Do you get exhausted? I I take naps after.
01:08:59
No. Not at all. I, I leave these on a high.
01:09:03
So do I, but then I need to go to that.
01:09:06
You'd well, yeah. You'd never have water. I usually drink three drinks while I'm I'm doing these, but, like, I'm exhausted. I get exhausted just listening.
01:09:15
Well, that's probably my fault. So I'm sorry.
01:09:19
I know. No. It's it's it's a good exhausted. I'm like, god, I just learned it so much, and I need to get so much better at this, this, and this by hearing this story. And I was just so intensely listening and enthralled by this conversation.
01:09:32
That I I need a nap. I've gotta go lay down. I gotta go rest.
01:09:36
Biology went on Tim Farris's podcast and did like a three hour podcast. And I listened to it last night. And, like, literally while it was happening, I could feel my brain fatiguing. Just trying to, like, digest what this man was saying. He's so sp and by the way, you also hear Tim Tim Ferris sound. I loved it first. Dimfair sounds like an absolutely defeated man on these podcasts with Ballogy. Cause Ballogy would be like,
01:09:57
Anarko,
01:09:58
you know, one hand, you have the World Capitalist. On the other hand, you have the Anarco,
01:10:02
Anarco
01:10:03
capitalists. Do you know what I mean when I say that in terms of, like, No. Tell me. And, like, that happens forty times in the episode. He's like,
01:10:11
are you familiar with the concept of the, you know, the Schrodinger window? It seems like,
01:10:16
no. But I assume he could tell me. And he's like, he just does that over and over and over. Dude, what time when he was with us? He was like, he was like, you know, Bitcoin is kind of like battle the And you remember how the Germans were doing? I'm like, dude, I don't I dated an analogy for your analogy. Like, you don't please don't reference Battle of the Bulge, would try to explain a complicated topic. Like, you know, it's like, you know, Bitcoin's kinda like, like neuroscience. Like, you don't have, like, the chemicals of, like, this, this, and this interact this way. Think about the think our big one is the amygdala of the crypto ecosystem. Well, what's the amygdala dude? I don't know.
01:10:48
Yeah. That's what that's what's happening. And, I guess I did that to you in this case. But No. You're you're you're way dumber. I could totally keep up with that. It just was a good story.
01:10:58
No. You just talk more.
01:11:00
No. I thought it was good. That was a compliment. I get exhausted because I'm like, so into it. Like, I, like, I, I, I love hearing these stories so much. We used to do these mastermind,
01:11:11
like dinners or hangouts where it'd be me, Sam, and, like, three other and we'd meet up every two weeks or or three weeks, something like that. And it would always be like, you know, each person gets twenty minutes and you'd sort of say what's going on in your business working, what, and what you want help, what you want the other guys to, like, you know, basically help you think through. And then, and those things last, basically, if you just do the math, it's like six people, twenty minutes each, but everybody runs ten minutes over and like, you know, we start ten minutes late. It's like this thing is three hours long and we would always start it afterwards. We'd started it like seven. It would finish at ten, ten thirty.
01:11:43
We skipped dinner. Nobody's, like, gone to the bathroom.
01:11:46
And
01:11:48
basically there was two reactions. Some people were, like, fucking exhausted by the end of this, and they're like, this was great. But, like, man, next time, let's try to be a little shorter.
01:11:56
And, like, I get that logically.
01:11:58
My reaction and we used to do some of these at your office, I remember, at the hustle's office. I don't know if you know this. I would leave your office at ten, ten thirty, and I would go straight to my office and I would just work four or five straight hours because I was like You can't do that. I was so inspired
01:12:12
was like a combination of inspired
01:12:14
by the, like, your guys' awesomeness.
01:12:18
Panicked that, like, oh my god. I have so much I need to do that I now realize
01:12:22
and like, oh, fuck. I need to do all of this. And I'm just gonna try to do as much as I can tonight.
01:12:28
And like, I was is a combination of, like, enthusiasm
01:12:31
and, like, feeling overwhelmed by like the amount of potential and ideas and like stuff I could be doing to make our stuff grow more. No. I gotta feel like
01:12:40
drink gatorade and pick a power nap. Like
01:12:45
Yeah. I need to feel up. I'm gonna go eat a cliff bar
01:12:49
I get more now. I'm like, my blood sugar's low. I could feel it.
01:12:57
I guess that's the episode, right then?
00:00 01:13:16