10 Rules for Life with Michael Saylor

okay Michael this is uh my son

Connor great to meet you Connor cheers

you too uh we've told him a lot about

you I'm going to tell you a little bit

about him so he quit uni how long ago

about a month ago and I'm conscious when

we make this podcast and you do

interviews you do a lot we're most of

the time if not all the time talking to

our peers or people of a similar age but

there's a whole generation like Connor

who some of them have gone to UNI and

realized it's not them some of them are

learning things right now even think of

my daughter which are going to be uh

unrequired with AI in the future and so

I think this's this whole different

crowd that we can talk to but I just

think for someone like Connor you look

we know you've been successful you've

had a hugely successful career it'd be

good to hear some of the most important

lessons you've learned that maybe you

could share with Connor and con I might

have some questions back well cool well

first of all you're lucky you get to

start life fresh

with uh none of the baggage of the rest

of us and and uh the opportunities in

the 21st century are extraordinary um I

was uh I was at a a social Gathering uh

a number of years ago and a a

multi-billionaire walked up to me and

and he said I've got uh I've got twins a

boy and a girl and on their 21st

birthday I want to give them a book of

advice that I gathered from all of my

friends so if you could I want you to

write down your advice to my 21 year

olds on on the occasion of their

maturity and uh I said really said yeah

yeah and I'm I'm gonna put it together

with you know everybody else I know and

so I said okay I guess I can do that and

I thought that was one of those things

where he was going to wait a few months

and I would send it VI email but he

takes out a little red book he puts it

in my hand with a pen he says okay write

them down now I could a big party is

cocktail party people are going you know

around and it's a

spectacular Villa looking over the

Mediterranean and I didn't really think

I would be asked this question you know

give me advice for two you know young

adults but I thought okay thank thank

thank thank thank so I sit down and I

wrote down 10

things and I handed it back to him so

I'm gonna start by giving you those 10

suggestions and then I'm going to give

you uh some practical suggestions that I

would give to anybody

um that go beyond the theory okay so the

theory uh

one Focus your energy you think you can

do everything you can't and everybody

overestimates all the things they can do

the things I regret in my life for all

the good ideas I pursued to the

detriment of my great idea you know you

you're going to have 27 good ideas and

they're going to be and and Peter

interviews people with good ideas all

the time and then you ask the question

well do we have the energy to make it

work so you got to focus Conor every

time I do an interview with Michael it

ends with him telling me this a give as

well focus and that's you go to my

Twitter profile I got laser eyes the

message of laser eyes is focus I'm I'm

not against a thousand things I am not

in favor of a hundred things I am simply

trying to advocate for one thing and the

the one thing is Bitcoin so Focus your

energy uh second guard your time

everybody's going to actually want to

take your time there's going to be a

million things you can do with your time

and and you know when I was growing up

we had like three channels and we had

like every night programming that was

original from 8 to 11: and you know

there was no porn like there was one

Playboy magazine I saw in the woods once

in my entire childhood why is it always

in the woods do you remember that it's

always in the woods it it was sitting in

some like wed car you know and it was

you know it was legendary all the

teenage boys would talk about the one

Playboy magazine you know uh and so

today you've got twitch and you've got

YouTube and you've got Infinite porn

you've got infinite games and you've got

infinite you've got infinite everything

and if you look at the scourge of

modernity it's every possible thing

people ever thought they might want we

figured out how to manufacture it in

bulk pharmaceutical grade and drive the

variable cost to zero so uh infinite

music used to be music cost money

infinite books used to be books you know

I went to the library I checked out

books I had to take them back there was

a limit on the books so no limits today

and you really have to have to ask

yourself the question how are you going

to spend your time because you could

literally spend the next 30 years of

your life watching chess videos on

YouTube not playing chess just watching

the videos of other people playing chess

right there's infinite hundreds of

thousands of hours of Chess videos to be

watched so the third the third piece of

advice is train your

mind train it right uh you know train

what math learn math learn to speak

learn a language uh learn logic

especially logic and language and and

basic thinking skills uh how you do that

right it doesn't necessar mean need to

go to university right uh I launched the

Sailor Academy and we've given education

to one and a half million students we

don't charge them a nickel it's it's

absolutely free in my opinion you can

probably train your mind better

faster not in a school today right but

because the options I had when I was

going through school like when I was in

high school I could

learn Spanish or French or Latin but

that's all I could learn and I could

learn two years of it and I could learn

at the same rate as everybody else and I

could learn one semester of calculus or

and half a semester of calcul that's all

I can learn so train your mind use

technology to do it uh the fourth train

your body be healthy uh you don't have

to do things that are inflammatory and

dangerous I mean I'm not telling you to

go be a a a boxer or or take excessive

risk but I think any kind of healthy

training the pattern you get into your

entire life is important it won't be

that important in the first like right

now in your 20s or your 30s you get away

with really really bad behavior there

will be a greater price to pay in your

40s it will get exponentially worse in

your 50s if you engage in really bad

behavior and you don't Train Your Body

by the time you get to your 60 sometimes

the you know the Journey's over and when

you get to your 70s You' like to be able

to walk around and uh being able to walk

around or into your 80s or the or the

like is a function of your of the way

you uh treat your health so you know if

you're body goes your mind will go later

and life is just not that

fun uh fifth think for yourself

everybody's going to tell you what to

think everybody you know every media

organization is in the business of

telling you what to think uh and

generally they all have an

agenda uh when at some point in your

life you'll read a story and you'll ask

the question what was the agenda of the

journalist that wrote the story and what

was the agenda of the media organization

that published the journalist and what

was the agenda in the nation where the

journalist lives and if you if you start

to think about all those things then

you'll realize that oftentimes in life

if you especially if you run a business

like I want to do something I want maybe

I want to buy a product I never bought

the product before and Peter sells a

version of the product and Danny sells

version of the product and you sell a

version of the product and you all three

of you are experts I know nothing

what I what I do is I try to buy from

each of you and then I triangulate

between each of you and you can tell me

lies you can tell me lies you can tell

me lies I wouldn't know the difference

but at some point you will rat out him

you will rat out he will rout out you

you will rout out him I will create a

mosaic of it and I will figure out what

the truth is by inferring it from a

bunch of uh distorted information so

assume everything's distorted and it's

your job to

synthesize and get to your version of

the truth um six uh curate your

friends you know be careful The Company

You Keep right some people will make you

better and and they'll lift you up and

other people will drag you down and

plenty of people's lives are ruined by a

bad friendship and their teens right

your friend wants I'm not going to go

into details you figure it out choose

your friends carefully choose their

values and and you have infinite Choice

there there's eight billion people on

the planet right you can find three

friends that that that will work well

with you and so figure out figure out

the right ones and run from the wrong

ones you know cherish the right ones

seventh curate your

environment like look where we are right

now right there's good light in this

room didn't have to be good light in

this room Peter could have picked one

that has awful light right pick the

environment that's happy that's healthy

chating the environment means choose

where you will live what city what

neighborhood how you will live you know

do you want to live in a house with

green grass do you want to live in an

apartment think hard about that you have

a you have more Choice than you think

you have it will impact your mental

health it'll impact your your your

physical health for example you study

statistics you find that the likelihood

of you getting mugged or murdered is

highly correlated to your pedestrian

pattern so if you actually walk down 10

blocks in a bad neighborhood and you

walk back and forth every day to work in

the wrong place you're like a thousand

times more likely to get killed mugged

murder whatever right so you made that

choice you might not realize you made

that choice but where you are and um and

how you live makes a difference to your

mental and your physical health um eight

uh keep your promises whatever they are

the one thing people remember about you

for the for the rest of your life if you

promis them something 27 years later

they will still remember if you lied to

them or if you promised them something

and you didn't do it and the problem

with that is that that credibility over

time compounds and and if you don't have

credibility people aren't going to want

to help you they're not going to help

you in fact they're going to actually

celebrate your failure so don't make

promises you can't keep but bend Heaven

and Earth to keep the promises you do

make and that you know obviously in

business it's the difference between

businesses succeeding and failing and

like when you get in the public markets

my stock trades every day from 9:30 to

4: if people felt like I was going to do

something different than what I told

them hundreds of millions or billions of

dollars of capital would disappear in a

heartbeat

when people feel when you lose

credibility so you're ail to accomplish

something in life is based on your

credibility so so don't make promises

you can't keep and keep your promises uh

nine uh stay cheerful be constructive

right the world's full of 10,000 things

that are ugly and

awful but uh and and you can you you can

talk about them at infinitum but if you

sit with someone you know for three

hours and you talk about how awful the

world is or or how much you don't like

it at some point if you watch them I do

this with my employees okay I've this

I've lived this life okay so I've s with

employees and I'm in a bad mood I'm like

this isn't working this isn't working

this is not working this is not right we

could have done this better we could

have done this better we could could

have done this better and this is what

happens to the person on the other side

of the table start here they're like hey

what are we going to do today they're

like

and then pretty soon they're like beat

down

exhausted you know and then you end with

that parade of horribles you're like so

we can do this and they're but you've

already beat them to death right and so

so you need to they need to

enjoy and and look forward to their

engagement with you if you uh if you

want to accomplish something find a way

to do it in a cheerful constructive way

um cheer you know things that go viral

on Twitter more often they're like

constructive cheerful things you know if

you're entertaining or you find if I

post a

criticism then some people see it but it

doesn't go that far when I post a

solution like here's here's a free thing

here's a free course here is a free

resource you can have this for free this

is this is a tool you can use if you

know like for example the other day I

post I saw a really nice video on what

is bitcoin and it had been posted by uh

a Bitcoin Advocate and it had like 800

views because she didn't have that many

followers I thought but this is kind of

sad this is sitting and languishing was

like three and a half minutes of why

Bitcoin is good so I retweeted it and uh

you know I said no there will only be 21

million Bitcoin or never be more than 21

million Bitcoin or something that went

to like 200,000 250,000 views but what

happened was all the other people on

Twitter said hey this is a really good

orange pilling video and they started

retweeting it and you can see on Twitter

now how people bookmark things you can

count the bookmarks and it had the

number one set of book like thousands of

bookmarks like people were bookmarking

like you could see in their mind they're

like I should save this because I might

need to send this to my father my mother

my friend it's like I post something

kind of snarky or or or or critical or

pessimistic no one's bookmarking that

you know and so cheerful and

constructive works better PE also you

want people to look forward to seeing

you whether it's in a working

environment like I enjoy working with

you or if they're a customer or if

they're A supplier or if they're just a

friend and I mean number 10 uh upgrade

the world there's a lot of ways to do it

figure out how you're going to upgrade

the world have you know have a a way so

that that's my theoretical advice uh for

someone entering their adulthood um

practical

advice um stuff that uh I think is

useful uh I wish I'd studied even more

history like especially serving a lot of

history by the way history his story

it's just a story right Alexander the

Great took Herodotus with him on his

campaigns that's why Alexander is the

great because he hired a historian to

write the book about him okay there's

10,000 Stories okay and if you read all

the stories there's the story from the

point of view of of a thousand different

Indian tribes from the point of view of

the Mayans the Aztecs the Europeans the

French the Spaniard the Americans

everybody's got the story the Romans the

GS the Russians the Japanese Chinese

they've all got the story from their

point of view and they're the hero and

the other the other tribe is the villain

the Barbarian the whatever so if you if

you read history enough of it then

you'll be empathetic and you'll be

better able to interpret what's going on

now for for example like all these

things taxes you know you know there

were ta there were monopolies on who

could bake in New York City in the

1600s there was there was Monopoly on

who could make a hat you had to have a

seven-year apprenticeship before you

could make a hat they're already you

know who wanted them the Hat makers in

London wanted them there are monopolies

on who could trade with what P we had

tobacco notes as money and then there

was a massive fight because someone

wanted to cap the price of the tobacco

money and the ministers getting paid in

tobacco had a fit and appeal to the

crown when you read history all these

things then you realize everything

you're seeing today it's not new and

when someone says we had we have to do

this because this is unique it's not

unique right you won't be so easily

manipulated so history is good uh in

math a lot of things I studied in math

aren't useful calculus calculus of

variations differential equations uh

complex things like that the only way in

which those are useful it's useful it's

useful that I studied Vector math or

linear math because I could think about

vectors and I could think n

dimensionally so the idea of

n-dimensional math the idea of nonlinear

math some of these things are useful to

study but the actual technique

unnecessary because the computer and now

the AI I'll do it for you in a split

second but I tell you the kind of math

that I use every day every hour of the

day and if you don't have this you will

never be successful in business and you

probably won't be successful in politics

or life and that is applied

statistics and by applied statistics I

mean can you just explain that quick

I mean understanding how significant it

is the thing someone's telling you for

example the problem in this country is

people slipping and falling in bathtubs

and therefore we need a tax to rebuild

everybody's bathtub being able to figure

out how many people actually slip and

fall in bathtubs or and comparing it to

shark attacks and comparing it to death

by you know drinking too much alcohol or

a heart attack or or the likelihood of

you dying in a car crash or crossing the

street or the example I gave you which

is statistically you're a lot more

likely get mugged if you walk by you can

correlate it to the number of minutes

you spend on the street in a bad

neighborhood right so if you understand

if once you think about statistics

statistics is essential to do business

because you have to pick for example

what's the statistical likelihood that

block five Celsius and FTX are going to

fail each year like that's counterparty

risk if the if you thought they were

going to fail once in a hundred years

that's a 1% risk a year and you have to

put a 1% premium on top it turned out

they were basically likely to fail

within 36 months so the risk premium was

36% and if they were paying you an

interest rate less than 40% on your

money you statistically losing all your

money so understanding statistics and

and being able to apply it to business

to life uh to uh to your social life

that's kind of useful um it's useful in

in and purchasing it's useful in

governance if you're ever a politician

um what's the if I actually shut down

the entire economy of the state because

I think there's a hurricane that's going

to hit

Miami okay what's the statistical

statistical likely it hits Miami what's

the what's the amount of damage it does

when it hits Miami what happens if it

doesn't hit Miami what's the cost of the

shutdown the state okay that's something

you kind of have to make a decision on

when you decide where you're going to

live and if you're ever if you're ever

lucky enough to be a a leader you need

to know that and uh

generally you know when you do study

statistics you start to learn that most

human interventions are iatrogenic

iatrogenic being a long complicated word

for does more harm than good when the

Cure is worse than the disease most most

things are iatrogenic so if the

odds if the odds of you actually having

a disease or one in a

million and the medicine is 99%

effective that means that 1% of a

million people that take the

medicine right and and this particular

case it's a 1% uh 100,000 10,000 so you

got 10,000 people that take the

medicine one of them is going to die of

the

disease so that means that in that case

99.99% of the people that take the

medicine are going to be sick from

taking the medicine and they're not

going to be helped right but to figure

that out right you have to understand

you have to ask some basic statistical

questions right How likely is is it you

know that that that thing that you fear

is going to kill me or hurt me versus

how much damage will your prescribed

cure do to me and we all had a lot of

examples of that lately uh so statistics

I think is really valuable and I I guess

um my I'll I'll end with just uh

practical suggestions on on how to be

successful

um in every ation there's a tool um a

platform a new thing a new technology

and when that technology hits if you

take advantage of it in the first five

years you'll probably be

immortalized for example lead Zeppelin

and The Beetles you know if you look at

all classic rock from 1969 to 1975 and

and you made a list of all the truly

insanely great stuff done and then you

see an exponential decay in unique rock

and roll music from that point forward

it gets exponentially harder um the

piano the work by chopan Beethoven

Mozart extraordinary gets exponentially

harder to make a unique piano

contribution if you look at the

Mainframe then the mini computer then

the PC then the

internet you kind of wna when you're

coming of age you ask the question

what's the new thing what is the

extraordinary thing now if if uh

Michelangelo lived today he wouldn't do

what he did then just like if Beethoven

lived today you probably be seeing some

Exquisite Dynamic meters you know

construct created so there is human

genius in every generation and you have

some talent but the issue is what do you

harness is it Instagram that's the old

thing was it Snapchat was it you know

Tick Tock or in in the current time

period this explosion of of AI you know

AI mid journey and and uh chat Bots and

the

like I went to school at MIT and the

previous generation the generation of

Engineers that put the the man on the

moon they designed spaceships with slide

rules I use an hp1 15c calculator a

decade later they had spreadsheets on

laptops and I used think man I could

have been 100x as effective if I had a

spreadsheet on a laptop you know and

then they had the internet you know and

and today you know you could say give me

a Shakespearean Sonet you know in the

style of whatever about roses and

Bitcoin and you know it's like well

maybe four years of English literature

studies down the drain because yeah it

turns out in some ways the person that

has no Talent

like yesterday um was Mother's

Day I wanted to post a picture for

Mother's Day I went and I you know first

I went to Google I Googled Bitcoin

Mother's Day memes nothing then I went

to Twitter all my memesters like my

favorite accounts that post memes I'm

like okay well I there's a there's a

mother there's another one I don't know

if that'll play very well some people

might not identify with you know that

image so then I went to Mid journey and

I typed Bitcoin

bouquet Bitcoin bouquet something like

that bam I got 12 different pictures

click click click click click ah there's

one with the Bitcoin in the middle and

orange and I like the orange and it's

black background copy

paste okay I just made it myself and you

know I I would say as an artist I have

no no Talent at all and when I was going

through

school um I would not have been

interested in art history or art because

if you take an art class but you can't

paint and you can't draw right this

experience comes to a grinding halt in a

hurry but if I could roll the clock back

and do it again I would take a really

detailed art class because now what I

realize is I can produce anything in any

style and any texture you know you know

in the style of of any of 10,000

artists right and then you start

discovering light there's like infinite

light there's infinite you know I I

tripped over anodized titanium and I was

typing give me a Bitcoin and anodize

titanium and it's posted on Twitter it

ran really well by the way I didn't even

know there was a style of anodized

titanium but once you once you have the

tool in your hand you realize that that

there's an entire language of

imagery that professional photographers

and professional artist they know uh and

it was off limits to the Layman uh until

mid Journey or or other AI generative

tools but today you could generate your

own music you might generate your own

video you might generate your own art

you might you know you might generate

your own songs your own raps your own

what

whatever and the ROI is much higher like

uh I I had two paintings on my yacht I

don't like the paintings you know 20

years ago you have to hire an artist to

repaint them this time around I said you

know give me two Polynesian girls in the

style of kadinsky and someone said well

why don't you try this one plugged in

another one I spun up some images I said

I shipped them off to uh you know to a a

painting you know like a a 3D printer

that does paintings on canvas they come

back I'm G to put them on my boat I do

my own art I can I can curate my own

life it's a so it's new platforms new

things and

sometimes you know uh the old way was

you're in a big organization surrounded

by hundreds or thousands of people and

there's a big Network and you know you

can say one tenth is much or one 100th

as much and you're a 100 times slower

and the new way is maybe

it's Peter and

Danny and you're your own network and

you do what you want to do and you're

much more agile and you've got more

distribution channels and uh you know

you can create totally new forms of

content never before possible so I would

say you look at uh look at the platforms

of the day and ask asked the question if

I put an hour of work in what gives me

the biggest bang for the buck and and

not to be Debbie Downer but but my

advice is I wouldn't I wouldn't go back

and try to replicate the successes of

each previous generation of the people

that are admired in the culture they did

the best they could at the time that

they were working in unfamiliar

territory when they did it so don't copy

them you you

it's okay to learn to play the guitar

fine I mean but it's it's an

avocation right it's it's for fun it's a

hobby um like like it's fun to play

chess you yeah sure play chess is a

hobby but the you know two most

successful chess players Hikaru and and

Magnus they figured out that chess.com

and and you know they're streaming on

Twitch they're monetizing on chess.com

and and the the greatest example right

now for those people that like chesses

Magnus said I'm not playing for the

world championship in classical time

format I'm gonna play rapid matches

Blitz matches Etc well the classical

time format games are all boring they

take four hours to six hours who's gon

to watch a six-hour chess game in the

year

2023 and and so they're they're just not

good content they're not fun everybody

would rather watch you know thre minute

you know sign his b with his mates

playing on Twitch and and and Hikaru who

probably is he's the highest paid

wealthiest us chess player he plays on

Twitch and and he sits and he banters

with his audience he chats people are

like man you're you're not looking at

like what could I say guys man this is

just who I am you know what do you think

about you know such and such well and he

gives you political opinions it's

hilarious he crushes his opponents and

then and he he's got the chess. logo in

the bottom and people are giving him

tips or something on Twitch he like you

know I can only stream on Twitch guys

that's just the rules I to make the

rules blah blah blah and then later on

he posts on

YouTube and when you ask him what's his

profession I'm not a chess player I'm a

streamer you know like like yeah but

like he's you Happ we Cricket guy thinks

for himself yeah so there we go and end

of sermon good luck good luck man how

was it you have the one thing by the way

that no one else has which is you're

young you have your Youth and any you

know anybody in their 40s 60s and 80s

would pay nearly infinite to be sitting

where you are right now to have the

tools that you're

disposal so have at it I was going to

ask quickly um you talked about that

fiveyear window with any new technology

that comes into the world to have like a

significant impact with it you've got to

get in early

with AI do you think that 5year Windows

ran out now no I think the clock started

6 months ago and I you know like what

you saw was okay well people can go and

they can chat on uh on GPT but what you

haven't seen is people unleashing uh an

artificial intelligence agent right you

see the the news this week was Carol AI

some some Instagram or some Snapchat

Snapchat person

created an AI girlfriend version of

herself that she's actually selling

online to thousands of men so she she

created an AI girlfriend with a

combination of of things now and so

she's she's the first woman to launch an

AI girlfriend she won't be the last

right she charges by the minute right it

might be that the business model is AI

girlfriend $10 a month not $10 a minute

but we'll see um I think creating uh

full autonomous AIS that do things right

you know can you create an a bot that'll

drive your car can you create a bot

that'll do your accounting can you do a

create a bot that that will be your

lawyer can you you know can you like I I

talk to people in the Sailor Academy we

have courses we upload them they're free

I said you know well it seems to me like

now you can create like a a digital

Professor that's got 100 phds that will

ENT interactively tutor anybody for free

that knows everything so you know once

upon a time uh the most powerful man in

the world was Phillip king of Macedon

the most promising Heir in the world was

Alexander his son soon to be Alexander

the Great and Alexander's tutor was

Aristotle the most learned you know

polymath in the world at the time it's

not it's not often that you get the

smartest person in the world to be your

personal tutor but now everybody can

have the smartest person in the world

maybe it's coming so with regard to AI I

think you've got like 60 months and in

those 60 months you know people are

gonna chip away at that

sometime might be you've got 10 years on

certain things but but this is the

decade where people going to create

extraordinary things I I'm sure there'll

be a girl you know I mean look at the

Kardash could you imagine the

Kardashians being billionaires 40 years

ago in in the era of People magazine it

was the magazine and it was

Entertainment Tonight that monetized

your celebrity and they kept all the

money and the Kardashians were possible

because social media platforms allowed

them to own their own brand and monetize

their own

celebrity but imagine what happens if if

you can convert yourself in you can do

something for me well maybe you can

create an AI that can do that thing for

a million people at the same

time okay so what will it be I don't

know but but I think you should pay

attention and think real hard and

generally what happens is the again you

notice how like you know octogenarians

don't really embrace you know new ideas

as enthusiastically as as 20s somethings

and teenagers

it's just human nature at some point you

just a you don't have the need they're

comfortable right they just want to be

left alone and then B you know they they

don't uh they don't have the kind of

neuroplasticity you know when when

you're between zero and 10 you want to

learn Chinese or Spanish or Russian yeah

it's 100% likely you'll Master it

fluently and then every decade that goes

on right you just get less flexible

and you get less economically flexible

less culturally flexible less

technically flexible you know and so

right

now I think it'll be some you know

somebody you know will just look and

they'll create some outrageously

compelling thing that no one could ever

do before that no one ever thought to

do and uh it'll probably be with it

almost certainly be one of these new

platforms because you know you get to

the point where where humans just have

this way within 10 years of of using a

new technique every which way they

possibly can and it's what they call the

S curve you can't do anything for a

thousand years and then you hit the

curve of commercialization and now you

can do stuff and we go from right

Brothers to the Moon in 66

years and then you hit a

wall hit a wall and like all the modern

you modern airplanes designed in the 70s

and the 60s and they kind of like got

stuck because Fuel and engine technology

they just didn't advance and and uh and

so we're we're waiting for this

fundamental

engine that allows you to do something

you know uh catalytic and

transformational and you you know you

can you can you know it when you see it

like when you see an you know an AI bot

that's read everything the human race

has ever written and can spit it back to

you and it splits

second yeah it's like okay uh H

interesting you know

um you just you got to internalize that

there's a few other things right like

you know there's certain certain types

of chips that are interesting the Unreal

Engine when I look at that I think

someone can create a world that's

getting close to the real world yeah

right it's unbelievable have you seen

some of this stuff I I have seen some of

it but not recently but look at Unreal

Engine 5.1 it's absolutely Ely

unbelievable h i mean look you you

you've had

a multi- deade career now you've seen a

lot of Technologies come you know you

talked about it you know from the the

computer you've seen the internet

Bitcoin now ai is is AI just another

technology or or do you is it something

even more special to you like is it CAU

is it grabbed you in a way maybe other

things haven't

it's it's pretty

transformational I I you know I would

call it digital intelligence for the

first time we're just on the cusp of

real digital intelligence and and it's

it's more than just a tool because

digital intelligence means like once the

computer's able to do it it does it a

million times better a million times

faster a million times cheaper right and

it's a singularity type moment and then

that generally technology is is an acid

and and at some point it just

dematerializes and eats away the thing

that you use for example this destroyed

the atack tape the record it destroyed

CDs it destroyed DVDs it destroyed

cameras it destroyed scanners all so

many things that used to be physical

things in the world you know voice

recorders they all just kind of

dematerialized into that

phone with AI I think it's

dematerialized in things and services

and products and ideas in a disturbing

fashion we could talk we it's a totally

different subject but I think it's a

it's a more powerful technology than

certain other Technologies people get

excited

about you know I if they figure out how

to make the car drive itself right then

you're talking about increasing the

capital intensity by a factor of 10 of

all the vehicles in the world but but

but you maybe profoundly you know how

many tens of millions of jobs just get

eviscerated is that a concern or do you

think we will just figure out no I think

we should be concerned you do I I think

it's I think

it's one of Humanity's great

opportunities and one of Humanity's

great

threats because we've started to use it

I've started to use it I I compare AI to

me to Google when I first discovered

Google I had that moment I realized I

could do all of this find all this

information all of a sudden and it just

became something I used every day

there's lots of C internet technology to

come on Spotify was great but this is

the first time I'm genuinely going to AI

regularly to solve problems and do

things for me uh it's making me more

productive uh anything where I have to

do any writing I've I don't have writers

block anymore because I if I do if I

can't think of it straight away I get I

go to the II I say write me something

and I use that as the kind of trigger to

write what I want to write I might take

part of it all of it or none of it but

it's just it's sped me up I wrote a

strategy for my football team the other

day I started it in Ai and that gave me

a nine-point plan I turned it into a

10-point plan I removed a bit added a

bit but I'm quicker and faster and we

can see with this what we do the amount

of things it can do and so then when I

try and think about other uh careers

businesses Industries realize there's a

lot of jobs under threat you know if if

you're um

if you're a Roman general and you have a

triam and has 300 rowers in it then

you're generating 30

horsepower and uh if you have one of

those dinky like really small dinky

dingy engines you have a 70 horsepower

engine behind your boat in the modern

world and uh and we obliterated the need

for tens of for Manpower and and so many

areas you know typical car has got 3 400

horsepower you know think about think

about you know the average person when

they get 300 horsepower it used to be a

100 years ago the rich person had two

horsepower or four horsepower you know

carriage and we went to the point where

a poor person has 400 horsepower um and

I think AI like that where there's a lot

of people that that um weren't able to

generate

perfect legal legal uh documents or Pros

or a perfect business letters or you

know a witty WAP and

now anybody can and in fact the person

that uses the AI will probably look more

intelligent than the the actual talented

person that doesn't um and so and and

this particular case it's you there was

a world where where the

strong could dominate the weak and then

we invented the gun and then the weak

with the gun became the strong and if

you were you know you could spend your

entire life you know training in the

martial arts but the end of the day you

know when you when you read the book

what should I do well if you really need

to defend yourself you should get a cun

right it's a level up it's yeah it's

it's a

leveler

but you know let's take

robots you know you know I see the Lux

fredman interview with uh you know the

CEO of Boston Dynamics and they've got

the one little robot dog and they're

going to make him a happy robot dog to

be your pet right and they just talk

about that for four hours okay and then

you go on Twitter you you know you see a

video that's maybe 10 seconds long

without any narrative and it's a

warehouse with with a thousand of those

robot dogs doing push-ups and then you

go and you see one robot dog with the

gun on it y shooting the the gun and

then you think you know it's kind of

hard you know we're talking about

turning getting robots to be able to

cook our food and be nice to us and you

know be Companions and and and box

things and carry boxes through warehouse

and do back flips that's a hard but let

me tell you what isn't

hard put a bomb on a robot dog right

like at the end of the day if you're

asking how will the next War be fought

you know just give me 10,000 robot dogs

and put an explosive device on each of

the 10,000

dogs it's it's too hard to aim the gun

right it's it's certainly too hard to

get the you know to and now let's say

you're a soldier I don't know I get

should you be afraid for your job like

who's who wants 100,000 soldiers in the

army with guns like and by the

way would you want to be one of those

100,000 soldiers when 27 robot dogs with

explosives come walking one at a time

toward

you I've seen that black Mir yeah you

can see like there's no future like the

idea of armies there's no future to

armies the idea of aircraft with pilots

in them there's no future to that the

Navy there's no future to a ship with

people on it yeah you know the future is

swarms of drones in the air and on land

and the Sea and when I say swarms I mean

like I'm not going to manufacture one

I'm gonna manufacture 100,000 of them

and I'm going to get the manufacturing

cost down to a,2 $3,000 a

thing and uh and you know the cost of a

pilot in an F35 is

$3 million to train and the F35 is

A500 million aircraft why not just a

$5,000 switch blade and why don't I just

drop I could drop a thousand of them out

of the back of a c135 or a

b50 anything 500 miles away and and of

course you know the the initial reaction

if you if you go and you watch drone

races they're sponsored by the US Air

Force okay interesting thing so the Air

Force wants to sponsor drone drone

Pilots because it wants to recruit the

next the next generation of drone Pilots

but the the point I'm getting to is that

is even looking Antiquated right now I

mean why wouldn't you just put an AI

chip in 18,000 drones and just give them

a Target or just give them an algorithm

like every time you see a tank a tent a

building a Custer of 10 Soldiers with

Uniforms

on you're done you you know so

every war you fight the last war yeah

and all this stuff in our world is about

fighting the last war but the next war

is something profoundly different and a

lot of it's because of the ability to

put digital intelligence into anything

it also makes the idea of War much more

politically palp palatable because if

there's no human cost to your country at

least if it's you're just sending robots

like I don't think people will be

against the war as much like if it was

all robots in Iraq and Afghanistan Slug

It Out yeah I don't know it's terrifying

if you're on the receiving end of the

robots like I mean didn't didn't we do a

movie about that very famous one is this

the one I've not seen is this Terminator

yeah he's not seen what are we gonna do

when Skynet becomes self-aware yeah so

we uh we had it up in a recent interview

I I uh brought up Terminator 3 because

that's the moment at the end where he's

like he realized there was nothing they

could ever have done this was this was

always going to happen it's the reality

and we actually put it I said to Denny

last night like we're going to watch

Terminator 1 two and three we've got to

see how this plays out I I I think I

think the there's a lot of opportunity

we could talk we could have we want to

be cheerful and constructive I'll give

you four hours of great AI things we

could do but but in terms of the the

threat that I would immediately focus on

it's basically Aid driven Bots and

cyberspace or and Aid driven robots in

actual space right

and um the aid driven robots are are a

bit behind because it's harder to do you

know a robot is a machine that also has

digital intelligence the Bots though the

Bots you know I I think fundamentally

there's no reason why you can't launch

Millions tens of millions hundreds of

millions billions of bots in cyberspace

that will imitate humans actually there

will be better humans than the humans

are there's you know any and so I

actually believe that to a certain