WEBVTT - Language of Angels | 3

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<v Speaker 1>Hello, I'm back. This is Alan Metcalf. Artificial intelligence has

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<v Speaker 1>been difficult to find because it is like a green

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<v Speaker 1>bird in a green tree. It's difficult to see that

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<v Speaker 1>bird until someone shows you where it is, and then

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<v Speaker 1>it's easy to see.

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<v Speaker 2>So keep watching it.

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<v Speaker 1>I'm going to show you how to see the green

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<v Speaker 1>bird in the green tree.

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<v Speaker 3>Alan Metcalf certainly had away with words. David Richardson, the

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<v Speaker 3>Channel nine journalist who looked into Safe Worlds, thought so too.

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<v Speaker 3>Here's how he put it.

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<v Speaker 4>It was almost as if he was, you know, like

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<v Speaker 4>a medieval monk who had claimed to have discovered angelic

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<v Speaker 4>script to the language of angels, as if it was

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<v Speaker 4>something new.

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<v Speaker 3>The language of angels is defined as them transmitting their

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<v Speaker 3>speech through humans, and in the same token, Alan thought

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<v Speaker 3>he'd found a way to transmit human thought into computers.

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<v Speaker 3>He called it universal logic, or the law of thought.

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<v Speaker 1>To be ultimately effective, computers must mirror the human mind.

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<v Speaker 1>This means that they must be made artificially intelligent. This

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<v Speaker 1>is why my discovery of the law of thought is

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<v Speaker 1>so important, because it explains how the human mind works

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<v Speaker 1>so that it can be artificially reproduced in computers.

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<v Speaker 3>Alan sounds impressive, but I'm trying to get to the

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<v Speaker 3>bottom of what he actually means and how he managed

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<v Speaker 3>to convince so many people to invest their life savings

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<v Speaker 3>solely on the basis of what he said, What was

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<v Speaker 3>safe worlds? And could it have ever been viable. I'm

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<v Speaker 3>Alex Turner Cohen, a finance and investigative reporter from news

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<v Speaker 3>dot com Dot are you and you're listening to the

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<v Speaker 3>Missing forty nine Million? This is episode three, Language of Angels.

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<v Speaker 1>It helps me to stay the distance if I think

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<v Speaker 1>of it like building Noah's Ark. As I see the

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<v Speaker 1>flood of electronic information inundating the world and the increasing

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<v Speaker 1>confusion of all the computer languages that are involved. I

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<v Speaker 1>remember Biblical Babylon, it is clear to me that the

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<v Speaker 1>end of the world as we know it is nigh.

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<v Speaker 3>The voice you're hearing is an artificial intelligence program we've

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<v Speaker 3>used to recreate Alan Metcas's voice to read out all

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<v Speaker 3>the emails he sent. The AI software used other videos

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<v Speaker 3>of Alan to stitch together his new digital version. We'll

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<v Speaker 3>be hearing a lot of it this episode. It's different

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<v Speaker 3>to the YouTube videos from earlier, even though it sounds

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<v Speaker 3>uncannily similar here's Ai Alan again.

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<v Speaker 1>Our belief is that the Internet of Things will kickstart

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<v Speaker 1>the lackluster world economy, and that Safe World's TV will

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<v Speaker 1>be an important catalyst in making this happen.

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<v Speaker 3>According to Alan, Safewoards was going to be a combination

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<v Speaker 3>of Google, Amazon, YouTube, eBay, and PayPal. It was going

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<v Speaker 3>to be a hub where videos could be posted to

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<v Speaker 3>advertise and sell products, all with its own currency system,

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<v Speaker 3>and it was also going to have its own phone

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<v Speaker 3>like Skype, only it would be better than all its competitors,

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<v Speaker 3>way better.

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<v Speaker 1>Safe Worlds has better search capabilities than Google because of

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<v Speaker 1>universal logic. I do not believe that any company in

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<v Speaker 1>the world has more experience with AI than we have.

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<v Speaker 1>In computer science, it's the holy grail.

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<v Speaker 3>Alan claimed to have discovered an algorithm which mirrored the

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<v Speaker 3>human mind. This would allow him to, in his own words,

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<v Speaker 3>monetize the Internet, as his software would know exactly what

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<v Speaker 3>everyone wanted. At the same time, the Safeworld's platform would

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<v Speaker 3>link computers together all over the world. It would be

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<v Speaker 3>in a private, safe place on the Internet, hence why

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<v Speaker 3>he called it Safe Worlds. He estimated the whole thing

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<v Speaker 3>was worth ten billion dollars.

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<v Speaker 1>This is not multi level marketing.

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<v Speaker 3>Alan wrote that in an email in all caps to

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<v Speaker 3>investors in two thousand and eight, in the early days

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<v Speaker 3>of him selling Safe Worlds, I've already touched on the

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<v Speaker 3>fact that Alan encouraged investors to preach the Safeworld's gospel

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<v Speaker 3>to their friends and family. That's one of the hallmarks

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<v Speaker 3>of a multi level marketing scheme, and from there it's

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<v Speaker 3>a slippery slope between that and a pyramid scheme where

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<v Speaker 3>the money from new recruits is used to pay out

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<v Speaker 3>older investors until they run out of new victims and

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<v Speaker 3>the whole thing implodes.

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<v Speaker 1>The business sells actual products for actual businesses.

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<v Speaker 3>This was one of the reasons Alan gave for why

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<v Speaker 3>Safe Worlds was legitimate. Despite insisting it wasn't a multi

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<v Speaker 3>level marketing scheme, he did acknowledge the importance of his

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<v Speaker 3>recruiting tactic.

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<v Speaker 1>Thanks particularly to those shareholders who keep recommending our company

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<v Speaker 1>to their friends. We could not survive without you, guys,

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<v Speaker 1>so on behalf of all shareholders. Thank you. You are

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<v Speaker 1>truly angel investors.

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<v Speaker 3>Safe Worlds evangelists were even handsomely rewarded with a commission

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<v Speaker 3>for their.

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<v Speaker 1>Work for a minimum investment of two thousand dollars. Safe

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<v Speaker 1>World's TV shareholders and their introduced friends will get two

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<v Speaker 1>thousand Safe Worlds TV shares valued at one dollar each,

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<v Speaker 1>plus a bonus of one thousand founders preference shares.

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<v Speaker 3>The actual Safe World's website worked in a similar way.

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<v Speaker 3>People needed a referral to join up, and those sending

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<v Speaker 3>out the referrals would make an easy commission. One document

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<v Speaker 3>I found estimated that these referrers, called master distributors, could

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<v Speaker 3>make one hundred and eighty nine thousand dollars in a

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<v Speaker 3>year if they got one thousand people to sign up.

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<v Speaker 1>You should think of your master distributor network as a

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<v Speaker 1>fish trap. The more arms of your fish trap that

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<v Speaker 1>you extend into the sea, the more fish you will catch.

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<v Speaker 1>This is how the system is designed to make money

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<v Speaker 1>for you, even while you sleep. We want you to

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<v Speaker 1>be rich, but it isn't magic.

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<v Speaker 3>Alan told investors they had to get in quick.

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<v Speaker 1>This is a once in a lifetime opportunity.

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<v Speaker 3>Safe Worlds was going to list on the US Stock

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<v Speaker 3>Exchange and soon they'd all be rich, he said. First

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<v Speaker 3>he promised this would happen in two thousand and seven,

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<v Speaker 3>Then he pushed it to two thousand and eight. But

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<v Speaker 3>Safeworlds didn't end up floating as Alan promised. Instead, the

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<v Speaker 3>company went bust through a complicated process called Chapter eleven bankruptcy.

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<v Speaker 3>Safeworlds was resurrected in twenty ten technically as a newcomery.

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<v Speaker 3>Alan then began pushing for more money so that it

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<v Speaker 3>could once again float on the Stock Exchange, but it

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<v Speaker 3>never quite came to fruition, always just out of reach,

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<v Speaker 3>tantalizing investors like a piece of forbidden fruit. Alan acknowledged

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<v Speaker 3>their frustration in yet another email.

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<v Speaker 1>I am sure that to some of you this sounds

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<v Speaker 1>like another episode of a long running radio sitcom saga.

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<v Speaker 3>In twenty sixteen, right before his death, he pushed one

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<v Speaker 3>more time for another five million. I still don't really

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<v Speaker 3>know what Safe Worlds is. I want to talk to

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<v Speaker 3>someone in the know who's seen the code up close,

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<v Speaker 3>to learn if the tech could have ever delivered on

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<v Speaker 3>its promises. I'm here in Mount Glorious, about one hour

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<v Speaker 3>outside of Brisbane. I'm about to meet one of the

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<v Speaker 3>employees of Safe Worlds who's very keen to chat. I'm

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<v Speaker 3>sitting on a park bench after a long taxi ride,

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<v Speaker 3>waiting for Tarlie Joy Grace Tarlie worked as a senior

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<v Speaker 3>software developer at Safeworlds from June twenty thirteen to February

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<v Speaker 3>twenty fourteen. Before joining Alan, she'd been a software developer

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<v Speaker 3>for eighteen years, most recently in the oil industry. In short,

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<v Speaker 3>she knew her stuff. So how did Tarlie end up

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<v Speaker 3>at Safeworlds.

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<v Speaker 5>I saw it on Sikh, looked a bit, Oh, this

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<v Speaker 5>looks interesting, but there's not much information on the ad.

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<v Speaker 5>So I looked up the company online and saw the

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<v Speaker 5>big bosses name. So wrote my cover letter with his

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<v Speaker 5>name on it. Sold how some of my work in

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<v Speaker 5>the oil drilling industry fitted with his concept of universal logic.

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<v Speaker 5>And then Alan saw it and he thought, how did

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<v Speaker 5>you get my name? Because he accidentally seid it to me.

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<v Speaker 5>So obviously Alan was impressed that I did some basic

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<v Speaker 5>research on the company and put it into my cover letter.

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<v Speaker 5>He was very sociable, very extroverted, you know. He gave

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<v Speaker 5>off that really nice, charming personality that if he wasn't

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<v Speaker 5>so fat, a lot of ladies would go for him.

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<v Speaker 5>He just wanted to make you feel good about yourself,

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<v Speaker 5>very charming. And so I took the role from there

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<v Speaker 5>because I needed the.

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<v Speaker 3>Role an accidental CC a pretty basic blunder from the

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<v Speaker 3>head of a tech company, and it wasn't the last

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<v Speaker 3>red flag Tarlie would get at Safe Worlds.

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<v Speaker 5>The product was completely rubbish, so it was really badly designed,

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<v Speaker 5>so it was like black on white sort of text.

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<v Speaker 5>It was had a very poor user interface, and it

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<v Speaker 5>was using quite out of d technology. And not only that,

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<v Speaker 5>it was like the culture of Safewold's TV. Like Alan,

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<v Speaker 5>you could just tell was a bit of a narcissist

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<v Speaker 5>and if you told him what he wanted to hear,

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<v Speaker 5>you know, if you sucked up to him, he'd absolutely

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<v Speaker 5>love you. And I wasn't sucking up to him. But

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<v Speaker 5>somehow he figured out because I'm a Christian, that I

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<v Speaker 5>could be one of his right hand men.

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<v Speaker 3>One day, Tarlie knew that Alan had a devoted following

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<v Speaker 3>of true believers, but she didn't see him the same way.

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<v Speaker 5>Well, he definitely wasn't a genius. He was a scammer

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<v Speaker 5>and a lunatic. He was basically version point five of Trump.

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<v Speaker 5>As a question, everything that Alan was looking back after

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<v Speaker 5>Trump got burted out reminded me of Donald Trump. So

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<v Speaker 5>Alan had the same sort of narcissistic. Everything should revolve

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<v Speaker 5>around me attitude as Trump. Alan was just as fat

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<v Speaker 5>as Trump, so Allan is almost aff at the foretelling

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<v Speaker 5>of Donald Trump.

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<v Speaker 3>In a way, Alan's deeply religious Pentecostal mannerisms made their

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<v Speaker 3>way into company life. Tarlie's transgender and she uses she

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<v Speaker 3>they pronounced, but she kept this side of herself hidden

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<v Speaker 3>at work because she wasn't sure how Alan would react.

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<v Speaker 5>It was almost like Alan was trying to run, you know,

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<v Speaker 5>a quasi sort of Christian style cult then an actual,

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<v Speaker 5>you know, Christian group. In a way, it came across

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<v Speaker 5>in his personality as being one of these dodgy far

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<v Speaker 5>right questions. They have a certain kind of personality to them.

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<v Speaker 5>It's really hard to describe. And just in some of

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<v Speaker 5>the writings he was putting in so and the way

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<v Speaker 5>he was approaching me, saying thanks for your good work

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<v Speaker 5>in the church. You know, I know we can do

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<v Speaker 5>things for Jesus with you.

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<v Speaker 3>Tarlie was also skeptical about the product itself, so in a.

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<v Speaker 5>Gist, what it sort of felt like was trying to

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<v Speaker 5>do a half fast combination of Amazon and YouTube, so

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<v Speaker 5>having lots of videos and selling products attached to those videos.

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<v Speaker 5>But what the product really was was some way to

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<v Speaker 5>suck money out of gullible investors and out of gullible

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<v Speaker 5>you know, far right investors in the States. Officially it

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<v Speaker 5>was Amazon and YouTube put together, and that's how I

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<v Speaker 5>explained it to people in the industry, but unofficially it

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<v Speaker 5>was something that read propaganda to far right Christians and

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<v Speaker 5>Trumpers in the States. Everything the way the product was

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<v Speaker 5>designed was designed to suck up to those people, and

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<v Speaker 5>it performed very poorly, so it would take like five

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<v Speaker 5>minutes sometimes to actually load up the web application. Alan

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<v Speaker 5>felt that the big selling point of it was this

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<v Speaker 5>universal logic, but no one could quite explain what universal

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<v Speaker 5>logic was. It was just some mystical, magical concept that

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<v Speaker 5>was going to revolutionize the world economy. But what it

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<v Speaker 5>was in reality, when I know snucked into the code

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<v Speaker 5>base for that, that was just a glorified, crappified version

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<v Speaker 5>of Google, no search index that barely worked. It was

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<v Speaker 5>nothing fancy that made me start questioning that this is

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<v Speaker 5>a bit dodgy. Within a few months, I realized it

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<v Speaker 5>was all just a big scam and I wanted to

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<v Speaker 5>get out.

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<v Speaker 3>While Tarlie started to suspect this was a scam. Not

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<v Speaker 3>everybody shared that view. A senior university lecturer from Queensland

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<v Speaker 3>spent more than fifty hours going through various documents and

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<v Speaker 3>he concluded that Safeworlds had merit. He wrote a report

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<v Speaker 3>which was touted around to many potential investors, lending weight

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<v Speaker 3>to the company. But this man didn't want to talk

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<v Speaker 3>to me, and he didn't even want to be mentioned

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<v Speaker 3>by name in this podcast, as he says he's received

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<v Speaker 3>threats from angry shareholders. So I ask another expert.

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<v Speaker 6>My name is Asara Shudozhan. I am senior addicted at

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<v Speaker 6>the University of New Science.

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<v Speaker 3>While many of the documents on the Safeworld's code base

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<v Speaker 3>have been lost in the passage of time, I gave

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<v Speaker 3>her just enough to form a preliminary opinion. I meet

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<v Speaker 3>her at her office in eastern Sydney, overlooking the main

0:14:13.760 --> 0:14:17.840
<v Speaker 3>university thoroughfare. We can hear students walking and talking below

0:14:17.920 --> 0:14:21.640
<v Speaker 3>us as we discussed the complexities of AI, the.

0:14:21.720 --> 0:14:26.840
<v Speaker 6>Idea, their methods and you know proposed in this document.

0:14:26.920 --> 0:14:31.280
<v Speaker 6>They are all based on reliabilary sources. I can tell

0:14:31.320 --> 0:14:35.920
<v Speaker 6>you at this stage that my conclusion is that the

0:14:36.080 --> 0:14:40.600
<v Speaker 6>idea had the merit, but it was very, very ambitious

0:14:40.720 --> 0:14:41.960
<v Speaker 6>for that time.

0:14:42.440 --> 0:14:44.760
<v Speaker 3>What did you think about the AI element? Was there

0:14:44.800 --> 0:14:47.280
<v Speaker 3>anything kind of cutting edge about his discovery?

0:14:47.440 --> 0:14:51.720
<v Speaker 6>He talks about AI in different ways, and it's not exactly,

0:14:51.960 --> 0:14:56.000
<v Speaker 6>you know, clear which AI algorithm he is referring to.

0:14:56.520 --> 0:15:00.520
<v Speaker 6>Does he know what is AI? Actually? I felt he

0:15:00.720 --> 0:15:05.120
<v Speaker 6>had some ideas for AI, but he may not sure

0:15:05.480 --> 0:15:09.040
<v Speaker 6>what is exactly the algorithm he was thinking about, because

0:15:09.360 --> 0:15:10.880
<v Speaker 6>there are many AI algorithms.

0:15:11.640 --> 0:15:14.160
<v Speaker 3>I asked Sarah for her thoughts on Alan finding the

0:15:14.280 --> 0:15:17.720
<v Speaker 3>secret code in the Bible. She says, it's not a

0:15:17.880 --> 0:15:21.680
<v Speaker 3>very academic way to make a breakthrough. Did you understand

0:15:21.760 --> 0:15:23.720
<v Speaker 3>exactly what universal logic was?

0:15:24.160 --> 0:15:26.640
<v Speaker 6>I didn't understand from the documents that they had. I

0:15:26.640 --> 0:15:30.280
<v Speaker 6>didn't understand what he meant where it's our logic.

0:15:31.040 --> 0:15:34.600
<v Speaker 3>So Alan may have had it the code to cracking AI,

0:15:35.360 --> 0:15:39.000
<v Speaker 3>but exactly what it was no one knew, and Alan

0:15:39.200 --> 0:15:40.960
<v Speaker 3>wasn't willing to share that information.

0:15:47.440 --> 0:15:50.800
<v Speaker 7>Let's see if this guy's got what he claims he's got,

0:15:51.200 --> 0:15:53.520
<v Speaker 7>this could change the world.

0:15:53.960 --> 0:15:56.320
<v Speaker 3>This is a high flying businessman who asked to keep

0:15:56.320 --> 0:15:58.600
<v Speaker 3>his name out of it because he's embarrassed to have

0:15:58.640 --> 0:16:02.600
<v Speaker 3>been involved with the Safe World project. We'll call him Jason.

0:16:03.160 --> 0:16:05.880
<v Speaker 3>He's a busy man, tapping the table a lot while

0:16:05.880 --> 0:16:08.440
<v Speaker 3>I chat to him in Brisbane after I managed to

0:16:08.480 --> 0:16:10.040
<v Speaker 3>catch him between meetings.

0:16:10.400 --> 0:16:13.400
<v Speaker 7>My natural inclination is, don't tell me, prove it to me.

0:16:13.960 --> 0:16:17.280
<v Speaker 7>I need to see it, show me, show me how

0:16:17.320 --> 0:16:19.080
<v Speaker 7>this thing works. And I kept saying to him, I

0:16:19.080 --> 0:16:21.960
<v Speaker 7>don't want to see your algorithm. That's irrelevant. But I'd

0:16:22.080 --> 0:16:24.760
<v Speaker 7>read that there's some basic testing that you can do,

0:16:25.440 --> 0:16:27.720
<v Speaker 7>some really simple things. I said, let's run through that.

0:16:27.800 --> 0:16:29.240
<v Speaker 7>But he wasn't prepared to do any of that.

0:16:30.640 --> 0:16:34.360
<v Speaker 3>Jason stumbled across Safe Worlds through a chance LinkedIn message.

0:16:34.800 --> 0:16:36.960
<v Speaker 3>One of his old friends had put some money in.

0:16:37.680 --> 0:16:40.920
<v Speaker 3>The two had lost touch and reconnected over the social

0:16:40.960 --> 0:16:45.640
<v Speaker 3>networking platform. Given his background in business, Jason was asked

0:16:45.640 --> 0:16:48.800
<v Speaker 3>to help reel in some big investors and he agreed.

0:16:49.600 --> 0:16:52.440
<v Speaker 3>Alan paid Jason in Safe World shares for all the

0:16:52.480 --> 0:16:56.400
<v Speaker 3>work he did, about one hundred thousand dollars worth. But

0:16:56.560 --> 0:16:58.440
<v Speaker 3>soon things weren't making sense.

0:16:59.040 --> 0:17:01.000
<v Speaker 7>Didn't stag up at all, to be frank, I mean,

0:17:01.000 --> 0:17:05.040
<v Speaker 7>there was just other than this gentleman. Alan Metcalfe saying

0:17:05.280 --> 0:17:10.000
<v Speaker 7>that he had something that was really unique and telling

0:17:10.040 --> 0:17:14.080
<v Speaker 7>a really really good story. There was nothing to support

0:17:14.200 --> 0:17:18.680
<v Speaker 7>or substantiate what he was claiming. Nothing, So very early

0:17:18.720 --> 0:17:22.359
<v Speaker 7>on I was pushing back respectfully. He was an elderly gentleman,

0:17:22.480 --> 0:17:25.320
<v Speaker 7>he was enough fellow. But I just said, no, this

0:17:25.359 --> 0:17:27.240
<v Speaker 7>is not going to go anywhere. You know, there's a

0:17:27.320 --> 0:17:29.919
<v Speaker 7>term we used to use about lifting the skirt, So

0:17:30.000 --> 0:17:32.960
<v Speaker 7>let's see what this is all about. Are you prepared? Yeah? Yeah,

0:17:33.040 --> 0:17:35.800
<v Speaker 7>if I meet with the right people, I will let

0:17:35.840 --> 0:17:38.560
<v Speaker 7>people get behind this and understand it. I said, great,

0:17:38.880 --> 0:17:40.960
<v Speaker 7>then I'm happy to make some introductions for you, which

0:17:41.000 --> 0:17:44.400
<v Speaker 7>I did, and of course he wasn't prepared to divulge

0:17:45.160 --> 0:17:47.160
<v Speaker 7>all as you would say. Is I have this. It's

0:17:47.200 --> 0:17:49.160
<v Speaker 7>come out of the Bible. That's it.

0:17:49.320 --> 0:17:49.520
<v Speaker 1>Now.

0:17:49.600 --> 0:17:52.520
<v Speaker 7>People in the main were trying not to laugh, and

0:17:52.560 --> 0:17:54.320
<v Speaker 7>in the end I started to feel embarrassed about the

0:17:54.320 --> 0:17:56.320
<v Speaker 7>introductions I was making, so I stopped doing it. I

0:17:56.400 --> 0:17:58.600
<v Speaker 7>just said, Alan, this is just crazy. I can't do this.

0:18:00.119 --> 0:18:04.840
<v Speaker 3>Efforts were frustrated at every turn. Every potential investor he

0:18:04.960 --> 0:18:08.800
<v Speaker 3>introduced to the scheme walked away. Their questions aren't answered.

0:18:09.680 --> 0:18:11.480
<v Speaker 7>Now I'll just met you, and you want me to

0:18:11.520 --> 0:18:14.000
<v Speaker 7>give you money into I'm going to start asking some

0:18:14.040 --> 0:18:18.120
<v Speaker 7>really basic questions. What is the purpose of this, What

0:18:18.160 --> 0:18:22.280
<v Speaker 7>am I investing in? Where is the money going, Who's

0:18:22.320 --> 0:18:25.000
<v Speaker 7>going to monitor it, what are the processes involved? Does

0:18:25.000 --> 0:18:27.480
<v Speaker 7>it sit in trust? Is it in escrow? What's the

0:18:27.520 --> 0:18:30.679
<v Speaker 7>money going to be spent on? Don't just say on

0:18:30.800 --> 0:18:36.399
<v Speaker 7>this on AI specifically? What further development? There was no milestone,

0:18:36.440 --> 0:18:40.239
<v Speaker 7>there was no plan, there was nothing. I introduced him

0:18:40.280 --> 0:18:45.240
<v Speaker 7>to some very very intelligent, senior people with deep pockets

0:18:46.359 --> 0:18:50.600
<v Speaker 7>that he was the problem that he wasn't prepared to answer.

0:18:50.720 --> 0:18:53.640
<v Speaker 7>What are basic questions for someone looking for equity.

0:18:55.960 --> 0:18:59.200
<v Speaker 3>Some of the people Jason introduced Alan to were high up,

0:19:00.000 --> 0:19:04.399
<v Speaker 3>really high up. I'm talking US Defense Force. But Alan

0:19:04.440 --> 0:19:06.720
<v Speaker 3>would always sabotage these meetings.

0:19:07.359 --> 0:19:10.800
<v Speaker 7>I said to Alan, from a credibility perspective, I'm going

0:19:10.800 --> 0:19:13.800
<v Speaker 7>to introduce you to people, and for your own knowledge,

0:19:14.040 --> 0:19:17.919
<v Speaker 7>they are all believers in God like I am, So

0:19:18.119 --> 0:19:21.560
<v Speaker 7>don't run down that rabbit hole. I'm introducing them because

0:19:21.600 --> 0:19:24.360
<v Speaker 7>I know, like and trust these people. So we don't

0:19:24.400 --> 0:19:29.439
<v Speaker 7>need to talk about the religious piece. Let's stick to

0:19:30.200 --> 0:19:34.160
<v Speaker 7>the number of this, which is you have general artificial

0:19:34.200 --> 0:19:38.040
<v Speaker 7>intelligence or true artificial intelligence, and that's what they'll want

0:19:38.040 --> 0:19:39.800
<v Speaker 7>to focus on. So that was his.

0:19:39.880 --> 0:19:43.960
<v Speaker 3>Strict instruction, and did he follow that instruction incapable.

0:19:44.359 --> 0:19:47.760
<v Speaker 7>So the first question, when we were over the pleasantries

0:19:47.760 --> 0:19:49.879
<v Speaker 7>and everyone's got their cup of coffee or water, is

0:19:49.920 --> 0:19:53.560
<v Speaker 7>do you believe in God? And I looked at this

0:19:53.720 --> 0:19:57.760
<v Speaker 7>gentleman because I thank God I've prepositioned him, and said, mate,

0:19:57.800 --> 0:20:00.000
<v Speaker 7>you may get up and pays this question. Gains are well,

0:20:00.000 --> 0:20:02.560
<v Speaker 7>and I'll answered honestly. So he said, yeah, I do.

0:20:03.040 --> 0:20:05.520
<v Speaker 7>You know, I went to a Catholic school and I'm Catholic. Yeah,

0:20:05.520 --> 0:20:09.080
<v Speaker 7>I do great, and then started to proceed to talk

0:20:09.119 --> 0:20:13.399
<v Speaker 7>about doing the good for the world, what artificial intelligence

0:20:13.440 --> 0:20:16.439
<v Speaker 7>can do for the world, what his grand plan is

0:20:16.520 --> 0:20:20.680
<v Speaker 7>for the world in terms of helping those less fortunate,

0:20:20.920 --> 0:20:23.840
<v Speaker 7>all of which was great, and everyone's going, yeah, yeah,

0:20:23.880 --> 0:20:27.040
<v Speaker 7>we agree with that. We agree absolutely great. So okay,

0:20:27.119 --> 0:20:30.000
<v Speaker 7>let's get back to what have you got an explain

0:20:30.040 --> 0:20:32.480
<v Speaker 7>it to me? Let's see it. Can we test it? No? No,

0:20:32.480 --> 0:20:34.760
<v Speaker 7>no no. So it just kept on this religious piece

0:20:35.359 --> 0:20:39.040
<v Speaker 7>and an end, you know, the guy that had done

0:20:39.080 --> 0:20:41.680
<v Speaker 7>the initial introduction to me, his head hit the ground.

0:20:41.680 --> 0:20:43.399
<v Speaker 7>I couldn't stop laughing. He split his head up and

0:20:43.440 --> 0:20:46.399
<v Speaker 7>on the boardroom table because he just said, oh my god.

0:20:46.440 --> 0:20:48.440
<v Speaker 7>We warned him and warned him not to go there.

0:20:48.480 --> 0:20:50.439
<v Speaker 7>He did, and then he just couldn't pull back from it.

0:20:50.480 --> 0:20:55.200
<v Speaker 7>Just it becomes a conversation about God, not about the product,

0:20:55.600 --> 0:20:59.000
<v Speaker 7>the outcome, the purpose, where the money comes from, where

0:20:59.040 --> 0:21:02.040
<v Speaker 7>it's going to go. It was unbelievable, but that must

0:21:02.040 --> 0:21:04.000
<v Speaker 7>have been his motus operandi, and it had worked for

0:21:04.080 --> 0:21:08.159
<v Speaker 7>him in the past. But you know, I'd like to

0:21:08.200 --> 0:21:10.800
<v Speaker 7>say that once you start playing at my level with

0:21:10.840 --> 0:21:14.080
<v Speaker 7>the people I was making introductions to, you know, we're

0:21:14.119 --> 0:21:16.080
<v Speaker 7>respectful of God, but hey, out of the way, we

0:21:16.160 --> 0:21:18.439
<v Speaker 7>need to know this, is this a deal or not.

0:21:19.560 --> 0:21:24.000
<v Speaker 3>What little Alan could show him, Jason recalls, was pretty worrying.

0:21:24.560 --> 0:21:27.320
<v Speaker 7>And I kept saying, you know, which is the old

0:21:27.320 --> 0:21:30.119
<v Speaker 7>bank thing. I want to see three way fully integrated budgets.

0:21:30.119 --> 0:21:31.720
<v Speaker 7>I want to see a balance sheet. I want to

0:21:31.720 --> 0:21:33.679
<v Speaker 7>see where the cash has moved, where's it gone to.

0:21:33.880 --> 0:21:36.320
<v Speaker 7>Someone explained this to me, No one, nothing would give

0:21:36.320 --> 0:21:40.560
<v Speaker 7>you nothing. It's just in vaporized. The money vaporized because

0:21:40.600 --> 0:21:42.879
<v Speaker 7>people said, no, it's been invested into the technology. Well

0:21:42.880 --> 0:21:45.119
<v Speaker 7>they show me the technology. No, we can't. There's nothing

0:21:45.840 --> 0:21:48.240
<v Speaker 7>then I kept getting shown some YouTube thing. I don't

0:21:48.280 --> 0:21:51.320
<v Speaker 7>know if you've seen it, but it looks like seriously,

0:21:51.320 --> 0:21:53.680
<v Speaker 7>it looked like someone was doing Lost in Space or something.

0:21:53.680 --> 0:21:55.880
<v Speaker 7>You know what I mean. It's just delusional.

0:21:56.760 --> 0:21:59.639
<v Speaker 3>Several people have mentioned this YouTube thing to me now.

0:22:00.119 --> 0:22:02.920
<v Speaker 3>It was a test run of the Safeworld's TV product

0:22:03.359 --> 0:22:08.160
<v Speaker 3>and has been described as terrible, atrocious, and outdated. If

0:22:08.200 --> 0:22:10.680
<v Speaker 3>you try to find the safe World's website now it's

0:22:10.800 --> 0:22:13.640
<v Speaker 3>long gone. You can't even view it on the wayback

0:22:13.720 --> 0:22:17.840
<v Speaker 3>machine as it requires downloading an outdated software, so I

0:22:17.880 --> 0:22:21.040
<v Speaker 3>can't actually see it for myself. But I find the

0:22:21.080 --> 0:22:24.480
<v Speaker 3>next best thing someone who had tried it out called

0:22:24.480 --> 0:22:27.760
<v Speaker 3>a beta tester. This is a video of an investor

0:22:27.840 --> 0:22:31.199
<v Speaker 3>testing out Safeworld's TV when it briefly went live in

0:22:31.240 --> 0:22:35.119
<v Speaker 3>twenty fourteen. You can still find the clip online. It

0:22:35.200 --> 0:22:38.119
<v Speaker 3>shows a panel that kind of looks like YouTube with

0:22:38.240 --> 0:22:40.639
<v Speaker 3>different video clips running down the side.

0:22:41.359 --> 0:22:46.160
<v Speaker 8>Today we're just looking at basic running of this, which

0:22:46.200 --> 0:22:50.919
<v Speaker 8>is an interest distributor channel. And being a distributed channel,

0:22:51.000 --> 0:22:56.600
<v Speaker 8>I can encourage businesses to download free software to make

0:22:57.040 --> 0:22:59.560
<v Speaker 8>Internet TV channels for their business. And I can do

0:22:59.560 --> 0:23:01.920
<v Speaker 8>that last and go to this button here get free

0:23:02.000 --> 0:23:06.040
<v Speaker 8>channel and on their computer they will download the free

0:23:06.280 --> 0:23:09.040
<v Speaker 8>software and set up their own channel. So you just

0:23:09.080 --> 0:23:12.600
<v Speaker 8>click on the video you want to watch and it

0:23:12.720 --> 0:23:16.720
<v Speaker 8>loads up. Now, if it happens to come up with

0:23:16.800 --> 0:23:20.680
<v Speaker 8>saying here that this video does not exist, and sometimes

0:23:20.680 --> 0:23:23.679
<v Speaker 8>it does because it isn't embedding, probably just given another

0:23:23.720 --> 0:23:25.960
<v Speaker 8>couple of clicks on the button it's cell phon, it'll

0:23:25.960 --> 0:23:26.400
<v Speaker 8>come up.

0:23:27.480 --> 0:23:30.000
<v Speaker 3>If at this point you still don't actually understand what

0:23:30.080 --> 0:23:34.199
<v Speaker 3>Safeworlds was or did, don't worry. You're not alone to

0:23:34.280 --> 0:23:36.480
<v Speaker 3>try to find out. I went to meet the woman

0:23:36.520 --> 0:23:40.280
<v Speaker 3>in the video, Kim and her husband Roy. They live

0:23:40.320 --> 0:23:42.640
<v Speaker 3>an hour outside of Sydney and didn't want to share

0:23:42.640 --> 0:23:46.320
<v Speaker 3>their last names. When I arrived, two massive piles of

0:23:46.320 --> 0:23:49.640
<v Speaker 3>paper greet me on their outdoor table. They've printed out

0:23:49.680 --> 0:23:53.760
<v Speaker 3>every email they've ever received about Safe Worlds jating all

0:23:53.800 --> 0:23:56.520
<v Speaker 3>the way back to two thousand and seven. Some of

0:23:56.520 --> 0:23:59.920
<v Speaker 3>the documents have coffee stains, and others are so fade

0:24:00.200 --> 0:24:03.400
<v Speaker 3>I can barely read them. They let me borrow their files,

0:24:03.440 --> 0:24:05.639
<v Speaker 3>and when I go home it takes me weeks to

0:24:05.680 --> 0:24:08.480
<v Speaker 3>pour over them. So you were one of the first

0:24:08.560 --> 0:24:11.959
<v Speaker 3>beta testers, so were you handpicked? Did you volunteer. Did

0:24:12.000 --> 0:24:14.200
<v Speaker 3>he send out a call out asking for help.

0:24:14.400 --> 0:24:16.760
<v Speaker 9>We were still working back then, We're still run a

0:24:16.800 --> 0:24:18.800
<v Speaker 9>business and everything, but I used to just do it

0:24:18.800 --> 0:24:22.560
<v Speaker 9>in my free time. I felt like we didn't have

0:24:23.119 --> 0:24:26.360
<v Speaker 9>big money to invest, but I did have time and interest,

0:24:26.440 --> 0:24:30.080
<v Speaker 9>so that was how I was contributing. Yeah, but he

0:24:30.119 --> 0:24:33.000
<v Speaker 9>did ask and I said I'd do it. There was

0:24:33.040 --> 0:24:36.280
<v Speaker 9>that old fashioned feel to it, but I put that

0:24:36.400 --> 0:24:39.960
<v Speaker 9>down to the fact that it was mostly run by

0:24:40.720 --> 0:24:47.520
<v Speaker 9>old white men who Christian so to speak, so they

0:24:47.560 --> 0:24:52.320
<v Speaker 9>were terribly traditional, and in my mind, I just used

0:24:52.320 --> 0:24:54.400
<v Speaker 9>to think, once it gets a little bit more worldly,

0:24:55.359 --> 0:24:56.880
<v Speaker 9>then it'll modern up.

0:24:57.320 --> 0:24:59.320
<v Speaker 3>Sounds like you spent a lot of time, like if

0:24:59.359 --> 0:25:01.640
<v Speaker 3>you had to go back. Were we talking like over

0:25:01.640 --> 0:25:06.000
<v Speaker 3>one hundred hours or over months and months of kind

0:25:06.000 --> 0:25:09.920
<v Speaker 3>of yeah, years? Okay, Yeah.

0:25:10.280 --> 0:25:13.080
<v Speaker 9>I think the worst part for me personally was when

0:25:14.200 --> 0:25:18.000
<v Speaker 9>he promoted for us to go out and find local

0:25:18.040 --> 0:25:21.400
<v Speaker 9>businesses and try and interest them in getting their own channel.

0:25:21.680 --> 0:25:25.280
<v Speaker 9>And I did do that. And I'm an introvert and

0:25:25.400 --> 0:25:28.760
<v Speaker 9>a shy person and I don't talk much, so this

0:25:28.920 --> 0:25:31.720
<v Speaker 9>was a big effort for me. But I did it

0:25:31.760 --> 0:25:35.400
<v Speaker 9>because I wanted to get prosperity for our family, and

0:25:35.680 --> 0:25:38.640
<v Speaker 9>at the time I still believed that it was happening,

0:25:39.680 --> 0:25:43.440
<v Speaker 9>so I involved a lot of people and tried to

0:25:43.440 --> 0:25:46.560
<v Speaker 9>interest other people in joining in. It was embarrassing when

0:25:46.600 --> 0:25:47.240
<v Speaker 9>I look back.

0:25:47.720 --> 0:25:50.119
<v Speaker 4>We did put a big sign on the wall of

0:25:50.200 --> 0:25:53.679
<v Speaker 4>our business which faced McDonald's, who were next door to us,

0:25:54.400 --> 0:25:56.919
<v Speaker 4>something to the effect of, how would you like to

0:25:56.960 --> 0:26:01.480
<v Speaker 4>have your own TV channel? And we had inquiries about it.

0:26:02.119 --> 0:26:05.280
<v Speaker 3>While his wife Kim was beta testing the product. Royce

0:26:05.359 --> 0:26:08.240
<v Speaker 3>saw a lot of the program and Alan over the years,

0:26:08.600 --> 0:26:10.240
<v Speaker 3>and he formed his own opinions.

0:26:10.840 --> 0:26:15.160
<v Speaker 4>He was comparing himself to people like Edison and Einstein,

0:26:15.440 --> 0:26:19.479
<v Speaker 4>you know, and people that had discovered penicillin, and you know,

0:26:19.640 --> 0:26:22.359
<v Speaker 4>like he was making a comparison that he had just

0:26:22.400 --> 0:26:26.960
<v Speaker 4>as a normal man, had discovered this law of thought

0:26:27.480 --> 0:26:32.280
<v Speaker 4>that governed how he built an AI system and claimed

0:26:32.280 --> 0:26:34.879
<v Speaker 4>that he was the savior of the or could be

0:26:34.960 --> 0:26:37.120
<v Speaker 4>the savior of the world if it all turned out

0:26:37.200 --> 0:26:37.600
<v Speaker 4>right for.

0:26:37.680 --> 0:26:40.720
<v Speaker 3>Him, you know and for us, like a kind of Messiah.

0:26:40.840 --> 0:26:44.040
<v Speaker 4>Yeah, it really really and that put me off of

0:26:44.160 --> 0:26:48.080
<v Speaker 4>h you know, I thought it was rather clunky the

0:26:48.119 --> 0:26:51.359
<v Speaker 4>whole thing and kind of outdated. It wasn't like a

0:26:51.400 --> 0:26:54.159
<v Speaker 4>modern issue. You couldn't you couldn't put any of the

0:26:54.400 --> 0:26:56.720
<v Speaker 4>data on your phone or anything like that, you know,

0:26:56.840 --> 0:26:59.679
<v Speaker 4>And I thought, well, if they're going to introduce AI,

0:27:00.119 --> 0:27:03.920
<v Speaker 4>they should be upgrading everything to make it modern, you know,

0:27:04.040 --> 0:27:05.520
<v Speaker 4>because people are going to take one look and go

0:27:05.680 --> 0:27:06.400
<v Speaker 4>this is rubbish.

0:27:06.400 --> 0:27:06.560
<v Speaker 10>You know.

0:27:08.080 --> 0:27:10.920
<v Speaker 3>Even though I contacted them out of the blue, Kim

0:27:10.960 --> 0:27:13.920
<v Speaker 3>and Roy were very keen to chat. The couple are

0:27:13.920 --> 0:27:18.040
<v Speaker 3>now retired. They've been waiting fifteen years since they first

0:27:18.040 --> 0:27:21.720
<v Speaker 3>put money into Safe Worlds. They're tired and they want

0:27:21.800 --> 0:27:25.520
<v Speaker 3>answers or at the very least closure about what's happened.

0:27:28.600 --> 0:27:31.200
<v Speaker 2>Looking at the platform, it was diabolical.

0:27:31.760 --> 0:27:35.160
<v Speaker 3>This is Mike Brooke recalling the first time he saw

0:27:35.280 --> 0:27:38.920
<v Speaker 3>Safe Worlds. His parents put money in, as well as

0:27:38.960 --> 0:27:43.160
<v Speaker 3>some other extended family members. We're speaking in his Melbourne home.

0:27:43.680 --> 0:27:47.000
<v Speaker 3>The IT professional is in the process of moving, so

0:27:47.040 --> 0:27:49.880
<v Speaker 3>we use a cardboard box as a table between us

0:27:49.960 --> 0:27:51.920
<v Speaker 3>in an otherwise empty room.

0:27:52.280 --> 0:27:56.359
<v Speaker 11>It didn't run on modern devices, so at that stage

0:27:56.600 --> 0:27:59.680
<v Speaker 11>the devices that were current it didn't work in the

0:28:00.000 --> 0:28:03.640
<v Speaker 11>hours are on those that needed a legacy version. Those

0:28:03.680 --> 0:28:06.600
<v Speaker 11>sorts of things are immediate red flags when you are

0:28:06.640 --> 0:28:10.800
<v Speaker 11>looking at something new. A product has to continue to

0:28:10.800 --> 0:28:14.640
<v Speaker 11>be developed. My background in having worked for a startup

0:28:14.720 --> 0:28:17.520
<v Speaker 11>is you cannot ever take your foot off accelerator. You're

0:28:17.520 --> 0:28:20.880
<v Speaker 11>always building, building, building, iterating and improving your product.

0:28:21.760 --> 0:28:24.959
<v Speaker 3>Mike's family members told him they'd invested and asked him

0:28:25.000 --> 0:28:26.600
<v Speaker 3>if he wanted to get involved too.

0:28:27.280 --> 0:28:30.080
<v Speaker 11>I was sent some information to say, you know, look

0:28:30.119 --> 0:28:32.760
<v Speaker 11>into this. This is something that you should invest in.

0:28:32.880 --> 0:28:37.280
<v Speaker 11>It's going to be the next YouTube. Slash eBay, slash Amazon,

0:28:37.400 --> 0:28:40.760
<v Speaker 11>slash PayPal was how it was introduced to me. I

0:28:40.880 --> 0:28:46.160
<v Speaker 11>was given information and endorsement by a very senior Hewlett

0:28:46.160 --> 0:28:49.720
<v Speaker 11>Packard employee in the US as well as to why

0:28:49.880 --> 0:28:52.200
<v Speaker 11>he thought it was a good platform. I was not

0:28:52.520 --> 0:28:56.360
<v Speaker 11>convinced because I looked at the technology and it just

0:28:56.920 --> 0:28:59.600
<v Speaker 11>didn't make sense to me. So I actually reached out

0:28:59.680 --> 0:29:03.600
<v Speaker 11>to that HP employee and he actually said to me

0:29:03.680 --> 0:29:07.120
<v Speaker 11>that he's not endorsing it, it's just he has invested

0:29:07.120 --> 0:29:09.360
<v Speaker 11>money in it. So it was very different from what

0:29:09.440 --> 0:29:11.440
<v Speaker 11>I had seen in the email about this guy was

0:29:12.440 --> 0:29:16.080
<v Speaker 11>believed in the technology. He was very much pulled back

0:29:16.080 --> 0:29:17.960
<v Speaker 11>from that, and just you know, I just happened to

0:29:17.960 --> 0:29:21.880
<v Speaker 11>have some money in it. I don't like fraudsters, and

0:29:21.960 --> 0:29:26.000
<v Speaker 11>I don't like things that seem to be too good

0:29:26.000 --> 0:29:28.440
<v Speaker 11>to people, that are too good to be true. My

0:29:28.480 --> 0:29:30.320
<v Speaker 11>first step was to reach out to my family and

0:29:30.360 --> 0:29:31.920
<v Speaker 11>tell them that I don't think.

0:29:31.720 --> 0:29:32.480
<v Speaker 2>That this is real.

0:29:33.160 --> 0:29:36.760
<v Speaker 11>And after that, I was just using a blog spot

0:29:36.920 --> 0:29:39.760
<v Speaker 11>or a Google Blogger website of that stage, and I thought,

0:29:39.800 --> 0:29:43.520
<v Speaker 11>you know what, I'll start to write some things about this.

0:29:43.520 --> 0:29:46.720
<v Speaker 3>This is actually how I heard about Mike. His blog

0:29:46.720 --> 0:29:49.520
<v Speaker 3>posts from twenty thirteen are the only things on Google

0:29:49.680 --> 0:29:53.960
<v Speaker 3>casting some doubt on Safe worlds in Alan Metcalf. Although

0:29:54.000 --> 0:29:56.880
<v Speaker 3>Mike came onto my radar early on in my investigation,

0:29:57.520 --> 0:29:59.440
<v Speaker 3>it was a few months before we were able to

0:29:59.440 --> 0:30:03.240
<v Speaker 3>meet because he was in Melbourne. Mike received angry messages

0:30:03.280 --> 0:30:05.960
<v Speaker 3>from a lot of people and even one person threatening

0:30:06.000 --> 0:30:10.520
<v Speaker 3>to do him harm. But Alan wasn't shying away from criticism.

0:30:11.000 --> 0:30:15.160
<v Speaker 3>He responded directly to Mike's blog comments via email and

0:30:15.240 --> 0:30:17.880
<v Speaker 3>even offered Mike a discount if he wanted to buy

0:30:17.960 --> 0:30:19.000
<v Speaker 3>Safe World shares.

0:30:19.720 --> 0:30:23.480
<v Speaker 2>I think he always thought he could bring me around

0:30:23.560 --> 0:30:27.040
<v Speaker 2>to what it could be, but he did actually answer

0:30:27.160 --> 0:30:31.520
<v Speaker 2>my arguments in an email back to me initially and again.

0:30:31.600 --> 0:30:35.680
<v Speaker 2>I responded to those and they were on the blog site. Again,

0:30:35.720 --> 0:30:38.640
<v Speaker 2>they were not clearing up anything, they were just ambiguous.

0:30:39.760 --> 0:30:43.880
<v Speaker 3>Alan didn't stop there. He extended another offer to Mike.

0:30:44.560 --> 0:30:47.360
<v Speaker 3>He wanted Mike to debate his blog comments against one

0:30:47.360 --> 0:30:51.160
<v Speaker 3>of Alan's biggest supporters, who was a highly decorated lawyer

0:30:51.200 --> 0:30:52.560
<v Speaker 3>known as a queen's counsel.

0:30:53.560 --> 0:30:55.800
<v Speaker 11>My problem with that is that I'm not a queen's

0:30:55.880 --> 0:31:00.120
<v Speaker 11>counsel and my opponent was going to be a queen's counsel.

0:31:00.160 --> 0:31:04.080
<v Speaker 11>So I knew that to do that with editing would

0:31:04.160 --> 0:31:07.000
<v Speaker 11>just reinforce what he was saying about the platform. So

0:31:07.480 --> 0:31:10.400
<v Speaker 11>it did not make sense to do that. My background as.

0:31:10.280 --> 0:31:14.600
<v Speaker 2>A technical and a cybersecurity consultant, and I knew that

0:31:14.640 --> 0:31:16.360
<v Speaker 2>I would be out of my debt trying to argue

0:31:16.360 --> 0:31:18.280
<v Speaker 2>something with somebody with that experience.

0:31:19.120 --> 0:31:22.400
<v Speaker 3>By this point, Mike's family wanted him to stop blogging.

0:31:23.240 --> 0:31:27.640
<v Speaker 2>They were not happy about what I was doing. But

0:31:28.240 --> 0:31:32.120
<v Speaker 2>what I was doing was to stop other people investing.

0:31:32.440 --> 0:31:33.960
<v Speaker 3>Did that cause any kind of conflict?

0:31:35.080 --> 0:31:38.520
<v Speaker 2>I think it did. Nobody said anything directly, but I

0:31:38.560 --> 0:31:43.640
<v Speaker 2>believe so. There were some quiet Christmases. But again it

0:31:43.760 --> 0:31:48.080
<v Speaker 2>was to stop more people investing, but also if they

0:31:48.120 --> 0:31:50.680
<v Speaker 2>are family to stop them putting more money in because

0:31:51.240 --> 0:31:53.080
<v Speaker 2>it was not a product that was ever going to

0:31:53.120 --> 0:31:54.040
<v Speaker 2>be a product.

0:31:55.560 --> 0:31:59.840
<v Speaker 3>Despite Mike's criticism of Safe Worlds, his family kept investing.

0:32:00.720 --> 0:32:04.480
<v Speaker 3>Professor Clinton Free, the white collar crime expert I spoke

0:32:04.520 --> 0:32:08.480
<v Speaker 3>to last episode, offers an explanation on why people keep

0:32:08.520 --> 0:32:09.880
<v Speaker 3>investing in stuff like this.

0:32:11.040 --> 0:32:14.200
<v Speaker 2>Fraud is most possible where the person does have a

0:32:14.240 --> 0:32:17.040
<v Speaker 2>relationship of trust, and I really like that idea of

0:32:17.600 --> 0:32:20.440
<v Speaker 2>some cost fallacy in economics. I think once people have

0:32:21.080 --> 0:32:24.120
<v Speaker 2>committed a certain amount of money, they end up having

0:32:24.160 --> 0:32:26.920
<v Speaker 2>a bit of a blind belief in the merits of

0:32:27.200 --> 0:32:30.560
<v Speaker 2>what they're doing, and they're much more likely to continue

0:32:30.560 --> 0:32:34.480
<v Speaker 2>on a pattern of handing over money than one off

0:32:34.680 --> 0:32:37.680
<v Speaker 2>transaction might be. So I think one of the things

0:32:37.680 --> 0:32:41.280
<v Speaker 2>that we see in this case is repeated going back

0:32:41.280 --> 0:32:45.120
<v Speaker 2>to people for investments with escalating claims about what was possible,

0:32:45.720 --> 0:32:49.200
<v Speaker 2>and that fear of missing out on the next Google

0:32:49.440 --> 0:32:52.600
<v Speaker 2>you know, once in a lifetime investment opportunities, I think

0:32:52.680 --> 0:32:55.520
<v Speaker 2>is very powerful. I think when you attach that to

0:32:56.280 --> 0:33:00.120
<v Speaker 2>a setting where people trust each other, touch that to

0:33:01.040 --> 0:33:05.760
<v Speaker 2>the church and religious morality, that's a pretty potent cocktail

0:33:05.800 --> 0:33:08.600
<v Speaker 2>of forces that I think people would be seduced.

0:33:08.120 --> 0:33:12.880
<v Speaker 3>By Alan drew on religious people and tech experts and

0:33:13.000 --> 0:33:17.920
<v Speaker 3>sporting personalities to pull more investors into his orbit. In

0:33:17.960 --> 0:33:21.200
<v Speaker 3>a previous episode, I discovered how he used the name

0:33:21.320 --> 0:33:25.960
<v Speaker 3>Michael Blake, a former all time great footballer, and he

0:33:26.080 --> 0:33:29.800
<v Speaker 3>wasn't just doing it in his home country Australia. This

0:33:30.000 --> 0:33:34.160
<v Speaker 3>was an international operation chasing the biggest market of all,

0:33:34.520 --> 0:33:38.680
<v Speaker 3>the US. He brought on celebrity sport host Paul Higgins

0:33:38.680 --> 0:33:43.840
<v Speaker 3>from ESPN, a major cable sports channel. Here's Paul doing

0:33:43.840 --> 0:33:45.680
<v Speaker 3>a promotional Safe World's video.

0:33:45.920 --> 0:33:49.120
<v Speaker 10>Oh everyone, I'm Paul Higgins, and welcome to safe world TV.

0:33:49.520 --> 0:33:53.560
<v Speaker 10>The global marketplace, the world leader in Internet TV and

0:33:53.600 --> 0:33:57.840
<v Speaker 10>semantic search, the home a free enterprise, a level playing

0:33:57.880 --> 0:33:58.960
<v Speaker 10>field that all.

0:33:58.840 --> 0:33:59.760
<v Speaker 6>The world can use.

0:34:00.080 --> 0:34:04.720
<v Speaker 10>Electronic business. We seek World's TV. Every business in every

0:34:04.800 --> 0:34:07.360
<v Speaker 10>country of the world can now be involved in the

0:34:07.400 --> 0:34:09.720
<v Speaker 10>world economy today.

0:34:10.080 --> 0:34:12.520
<v Speaker 3>Paul works as a sports anchor at a channel in

0:34:12.600 --> 0:34:17.120
<v Speaker 3>southern California. I spend months chasing him for a response,

0:34:17.719 --> 0:34:21.720
<v Speaker 3>sending emails to his company, contacting him on social media.

0:34:22.320 --> 0:34:25.160
<v Speaker 3>Finally he gets back to me. Paul says that he's

0:34:25.160 --> 0:34:28.919
<v Speaker 3>no longer involved or employed by Safe Worlds. He says

0:34:28.960 --> 0:34:31.400
<v Speaker 3>he's not privileged with the information as to where the

0:34:31.440 --> 0:34:35.719
<v Speaker 3>investor's money is, So who does have that knowledge? That

0:34:36.040 --> 0:34:38.480
<v Speaker 3>is the forty nine million dollar question.

0:34:39.360 --> 0:34:41.680
<v Speaker 1>Keep the faith, our day will come.

0:34:42.480 --> 0:34:45.960
<v Speaker 3>That's how Allan signed off most of his emails to shareholders.

0:34:46.440 --> 0:34:48.720
<v Speaker 3>He also told his followers.

0:34:48.160 --> 0:34:51.080
<v Speaker 1>There is no greater power in this world than belief.

0:34:51.440 --> 0:34:54.920
<v Speaker 1>There is no greater gift in life than to encourage

0:34:54.960 --> 0:34:56.000
<v Speaker 1>people to believe.

0:34:57.040 --> 0:34:59.799
<v Speaker 3>If you believe in something hard enough, does that make

0:34:59.800 --> 0:35:05.279
<v Speaker 3>it real? Was Alan's idea at best a delusion. It's

0:35:05.320 --> 0:35:08.360
<v Speaker 3>time for me to follow the trail of investors to

0:35:08.400 --> 0:35:12.359
<v Speaker 3>go to Alan's mecca and see his biggest disciple. That's

0:35:12.520 --> 0:35:17.120
<v Speaker 3>next time on the missing forty nine million.

0:35:15.520 --> 0:35:21.960
<v Speaker 1>You know, when you meet someone who's a true believer

0:35:22.080 --> 0:35:24.480
<v Speaker 1>in something and there's not a touch of cynicism in

0:35:24.520 --> 0:35:24.960
<v Speaker 1>there at all.

0:35:25.200 --> 0:35:27.359
<v Speaker 3>And I suppose if good salespeople are like that.

0:35:28.360 --> 0:35:30.759
<v Speaker 1>It was a bit of the fervor of the converted

0:35:30.840 --> 0:35:33.239
<v Speaker 1>fanatic or something, you know. I remember he did try

0:35:33.280 --> 0:35:35.600
<v Speaker 1>to trail something on the computer, but he couldn't get

0:35:35.600 --> 0:35:37.439
<v Speaker 1>it work, and probably blame telture or something.

0:35:37.480 --> 0:35:41.239
<v Speaker 7>But anyway, so he just kept talking about how great

0:35:41.280 --> 0:35:41.600
<v Speaker 7>it was.

0:35:42.200 --> 0:35:45.000
<v Speaker 3>Maybe they're not actually shareholders, like maybe they just took

0:35:45.040 --> 0:35:50.200
<v Speaker 3>their money, took their money, took their money. Thanks for listening.

0:35:50.560 --> 0:35:53.080
<v Speaker 3>A new episode is coming out weekly. Wherever you get

0:35:53.080 --> 0:35:56.399
<v Speaker 3>your podcasts, make sure you subscribe so you don't miss

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<v Speaker 3>an episode. Head to news dot com dot Au to

0:35:59.760 --> 0:36:02.440
<v Speaker 3>read more of my reporting on this story. Do you

0:36:02.560 --> 0:36:05.640
<v Speaker 3>know more? Get in touch through our dedicated tip inbox

0:36:05.840 --> 0:36:09.560
<v Speaker 3>Missing Millions at news dot com dot au or contact

0:36:09.600 --> 0:36:13.080
<v Speaker 3>me directly on Alex dot Turner Dash Cohen at news

0:36:13.120 --> 0:36:15.440
<v Speaker 3>dot com dodau or look me up on Twitter to

0:36:15.440 --> 0:36:19.720
<v Speaker 3>get my details. I'm your host, Alex Turner Cohen. Nina

0:36:19.800 --> 0:36:23.399
<v Speaker 3>Young is the executive producer, sound design and editing by

0:36:23.400 --> 0:36:28.680
<v Speaker 3>Tiffany Dimack. Our editorial director is Dan Box. Grant McAvaney

0:36:28.760 --> 0:36:31.560
<v Speaker 3>is our legal advisor, and Kerry Warren is the editor

0:36:31.600 --> 0:36:32.920
<v Speaker 3>of News dot com Doreau.