1 00:00:01,240 --> 00:00:04,240 Speaker 1: It looks like I say, is very helpful to getting 2 00:00:04,280 --> 00:00:08,039 Speaker 1: the TSA lines down. Trump has also said he might 3 00:00:08,080 --> 00:00:11,559 Speaker 1: bring a national guard if there are still issues. Here's 4 00:00:11,600 --> 00:00:14,520 Speaker 1: another thought for you, Trump, out of the box. Why 5 00:00:14,560 --> 00:00:20,040 Speaker 1: don't you deputize Chick fil A employees as temporary TSA agents. 6 00:00:20,480 --> 00:00:22,640 Speaker 1: They know how to move folks through a line. 7 00:00:25,880 --> 00:00:28,840 Speaker 2: My whole programming today is totally screwed up. 8 00:00:29,440 --> 00:00:31,880 Speaker 3: So I've got I got my pos, my typical you 9 00:00:31,920 --> 00:00:35,720 Speaker 3: know pilot, you know what here and stuff. Yes, that's 10 00:00:35,720 --> 00:00:40,120 Speaker 3: well according to the text line. Some people think it's 11 00:00:40,159 --> 00:00:47,720 Speaker 3: a pile of something else. But on Saturday now I 12 00:00:47,800 --> 00:00:53,240 Speaker 3: carry a backpack, and my backpack as everything you could 13 00:00:53,240 --> 00:00:57,760 Speaker 3: possibly need in it. It has things to like clean 14 00:00:57,840 --> 00:01:00,360 Speaker 3: off all the spintll from my laptop after I've done 15 00:01:00,360 --> 00:01:04,360 Speaker 3: a program. It's got you know, a perhaps something for 16 00:01:04,600 --> 00:01:08,560 Speaker 3: self defense. It's got a pocket for the laptop itself. 17 00:01:09,319 --> 00:01:12,200 Speaker 3: It has a little place for by reading glasses that 18 00:01:12,240 --> 00:01:14,240 Speaker 3: I use when I'm trying to read stuff here in 19 00:01:14,280 --> 00:01:18,200 Speaker 3: the studio. It's got pockets for just about everything you 20 00:01:18,200 --> 00:01:22,720 Speaker 3: can possibly imagine. And in the main pocket at the bottom, 21 00:01:23,280 --> 00:01:28,040 Speaker 3: I keep some microfibers and some spray this, you know, 22 00:01:28,120 --> 00:01:32,160 Speaker 3: Apple approove to clean the screen off on my laptop 23 00:01:33,400 --> 00:01:36,000 Speaker 3: because after three hours of you know, radio. 24 00:01:35,840 --> 00:01:38,960 Speaker 4: It's disgusting, disgusting, really disgusting. 25 00:01:39,040 --> 00:01:40,240 Speaker 2: It is truly disgusting. 26 00:01:41,120 --> 00:01:44,000 Speaker 3: And that's because I don't sit here and just mumbled, 27 00:01:44,280 --> 00:01:46,959 Speaker 3: I speak, I you know, I pretend like I'm in 28 00:01:46,959 --> 00:01:52,440 Speaker 3: front of an audience, and I think, really, well, So Saturday, 29 00:01:52,560 --> 00:01:54,800 Speaker 3: normally I don't clean my laptop off until I get 30 00:01:54,800 --> 00:01:56,920 Speaker 3: home because it's Saturday and I just want to get home, right. 31 00:01:57,360 --> 00:02:02,440 Speaker 3: So I but that yesterday or SAT whenever Saturday I am. 32 00:02:03,040 --> 00:02:06,000 Speaker 3: I've decided that I'm going to clean it there because 33 00:02:06,400 --> 00:02:07,880 Speaker 3: I'm not in a hurry. You get home for a 34 00:02:07,920 --> 00:02:10,000 Speaker 3: particular reason, and it's just you know, blah blah blah. 35 00:02:10,040 --> 00:02:13,480 Speaker 3: All right. So I reached down into my bag to 36 00:02:13,760 --> 00:02:19,840 Speaker 3: pull out some of the microfibers, cloths and the cleaning fluid, 37 00:02:20,120 --> 00:02:20,600 Speaker 3: and I'm like. 38 00:02:20,560 --> 00:02:20,960 Speaker 5: What's that? 39 00:02:21,960 --> 00:02:25,600 Speaker 3: And I pull the rags out. I pull all the 40 00:02:25,720 --> 00:02:28,440 Speaker 3: rags out, everything out. 41 00:02:28,320 --> 00:02:36,160 Speaker 2: Of the middle pocket, and there are these how many. 42 00:02:37,760 --> 00:02:40,760 Speaker 3: I'm guessing it it was a handful, so I'm guessing 43 00:02:40,800 --> 00:02:41,440 Speaker 3: at least. 44 00:02:42,240 --> 00:02:44,880 Speaker 2: Eight over that many. I can't I don't remember putting 45 00:02:44,880 --> 00:02:45,680 Speaker 2: that many in there. 46 00:02:46,360 --> 00:02:55,040 Speaker 3: Cockroaches, brown realistic looking cockroaches. Yeah, I've already found cockroaches 47 00:02:55,160 --> 00:03:00,760 Speaker 3: in my cubicle, my you know, locked drawers, in my 48 00:03:01,639 --> 00:03:07,840 Speaker 3: in my drawers, on my keyboard, everywhere, and then Saturday 49 00:03:07,880 --> 00:03:08,880 Speaker 3: I'll find them in my bag. 50 00:03:09,040 --> 00:03:13,239 Speaker 2: Wait, only the main pocket? Is that the only place 51 00:03:13,280 --> 00:03:17,040 Speaker 2: you looked? Uh? Oh, now I don't remember. 52 00:03:17,080 --> 00:03:19,400 Speaker 3: I think I went through the other pockets, but now 53 00:03:19,400 --> 00:03:20,240 Speaker 3: I'm not certain. 54 00:03:20,280 --> 00:03:25,919 Speaker 4: Okay, so now, but what are you doing digging through 55 00:03:25,919 --> 00:03:30,400 Speaker 4: my bag? Not digging through your bag. You're opening the pocket. 56 00:03:30,560 --> 00:03:32,560 Speaker 4: You leave it open on your desk. 57 00:03:32,639 --> 00:03:32,840 Speaker 2: Right now. 58 00:03:32,880 --> 00:03:34,519 Speaker 4: If I were to walk out, there will be three 59 00:03:34,639 --> 00:03:36,560 Speaker 4: pockets open, right there will be. 60 00:03:36,520 --> 00:03:42,880 Speaker 3: Two pockets that are for certain zipped shut, tight zipped, 61 00:03:43,120 --> 00:03:48,480 Speaker 3: tight shut, tight shut, zipped, whatever they are, they're they're 62 00:03:48,520 --> 00:03:51,120 Speaker 3: they're closed. So I don't want, I don't know anybody's 63 00:03:51,120 --> 00:03:53,640 Speaker 3: digging around in there put. 64 00:03:53,480 --> 00:03:54,080 Speaker 2: These in here. 65 00:03:54,120 --> 00:03:57,520 Speaker 4: But the the open pockets you've you've you've cleaned out 66 00:03:57,520 --> 00:03:59,200 Speaker 4: those ones, are you sure? 67 00:04:00,080 --> 00:04:00,320 Speaker 2: Well? 68 00:04:00,360 --> 00:04:01,960 Speaker 3: But you know, maybe during the break I'll go out 69 00:04:02,000 --> 00:04:04,520 Speaker 3: and check, or maybe you could just carry the load 70 00:04:04,560 --> 00:04:06,160 Speaker 3: of the program for a while while I go check. 71 00:04:06,200 --> 00:04:09,440 Speaker 3: See if I need to spray some raid in my backpack. 72 00:04:09,840 --> 00:04:11,880 Speaker 4: Somebody got a new contract around here, so you're gonna 73 00:04:11,880 --> 00:04:12,720 Speaker 4: do all the work from now on. 74 00:04:14,480 --> 00:04:17,800 Speaker 3: It's not signed yet, it's not I don't believe. I 75 00:04:17,800 --> 00:04:21,480 Speaker 3: don't believe anything in this company until it's sign sealed 76 00:04:21,520 --> 00:04:24,560 Speaker 3: and delivered turned out, and then I realize and then 77 00:04:24,600 --> 00:04:26,600 Speaker 3: there's the clause that says and none this MA really 78 00:04:26,640 --> 00:04:27,280 Speaker 3: matters anyway. 79 00:04:28,200 --> 00:04:29,560 Speaker 2: So you got that too. 80 00:04:31,040 --> 00:04:31,200 Speaker 5: Uh. 81 00:04:31,440 --> 00:04:33,320 Speaker 3: I would just like to say to the individual to 82 00:04:33,400 --> 00:04:37,479 Speaker 3: send us the postcards that apparently Hulso sent Dragon uh 83 00:04:37,560 --> 00:04:41,880 Speaker 3: the cockroach, Yes, thank you, and then spread them out everywhere. 84 00:04:41,960 --> 00:04:44,440 Speaker 2: Now, I don't want to say what I'm going to do. 85 00:04:44,400 --> 00:04:46,479 Speaker 4: Two or three weeks ago now that they've been in 86 00:04:46,520 --> 00:04:48,280 Speaker 4: your but they were in there and day they won. 87 00:04:48,360 --> 00:04:51,279 Speaker 3: They've been in my backpack for least a couple of weeks, yes, yes, 88 00:04:51,800 --> 00:04:54,560 Speaker 3: And I discovered them on Saturday and then I brought 89 00:04:54,560 --> 00:04:56,800 Speaker 3: them all in. So I brought them all in and 90 00:04:56,839 --> 00:05:00,520 Speaker 3: I just dumped them on my cubicle out there as people. 91 00:05:01,320 --> 00:05:04,960 Speaker 3: I see people walk by occasionally and they look because 92 00:05:05,400 --> 00:05:09,200 Speaker 3: at first glance they look very realistic. I'm thinking now, 93 00:05:09,360 --> 00:05:12,960 Speaker 3: I don't want to say too much here, but you 94 00:05:12,960 --> 00:05:16,880 Speaker 3: see what I'm doing. Dragon, I'm thinking because when you 95 00:05:18,240 --> 00:05:20,680 Speaker 3: if you're going to use if somebody later on the 96 00:05:21,040 --> 00:05:25,520 Speaker 3: today wants to use this mouse, they're going to feel 97 00:05:25,560 --> 00:05:29,240 Speaker 3: a little bump and then they're going to look and 98 00:05:29,279 --> 00:05:34,000 Speaker 3: they might find something under there, and maybe they'll scream 99 00:05:34,000 --> 00:05:42,560 Speaker 3: in there. Now, here's what's funny about this stupid cockroach. 100 00:05:44,960 --> 00:05:49,719 Speaker 3: There is a particular kind of arrogance that I believe 101 00:05:49,760 --> 00:05:52,919 Speaker 3: only reveals itself in full when the bill comes due. 102 00:05:53,560 --> 00:05:56,440 Speaker 3: It's the kind of arrogance of the credentialed expert the 103 00:05:56,480 --> 00:05:59,160 Speaker 3: expert classes I like to call them. You know, they 104 00:05:59,200 --> 00:06:03,120 Speaker 3: got their power points, they got their artificial intelligence, they 105 00:06:03,160 --> 00:06:06,080 Speaker 3: got the blessing of international institutions, and then they tell. 106 00:06:06,040 --> 00:06:09,240 Speaker 2: Hundreds of millions of us who have been feeding. 107 00:06:08,880 --> 00:06:11,840 Speaker 3: Ourselves and our families just fine, thank you very much, 108 00:06:12,120 --> 00:06:14,600 Speaker 3: that we've been doing it all wrong, and that we 109 00:06:14,680 --> 00:06:19,640 Speaker 3: need to change that. The bone in ribbi on my plate, 110 00:06:20,560 --> 00:06:24,760 Speaker 3: or the scrambled eggs in your skillet, or the hamburger, 111 00:06:24,800 --> 00:06:27,599 Speaker 3: the cheeseburger, you're eating, all of it, it's got to 112 00:06:27,600 --> 00:06:30,440 Speaker 3: give away to something more sustainable and more enlightening. Guess 113 00:06:30,440 --> 00:06:37,280 Speaker 3: what it is. It's more buggy, more buggy. The insect 114 00:06:37,440 --> 00:06:41,279 Speaker 3: protein revolution. Why why am I holding onto this cockroach? 115 00:06:41,279 --> 00:06:43,279 Speaker 3: And I'm using it as a prop when I'm on 116 00:06:43,320 --> 00:06:43,719 Speaker 3: the radio. 117 00:06:43,800 --> 00:06:46,080 Speaker 4: Yeah, you're showing the audience anybody that compere through those 118 00:06:46,320 --> 00:06:47,480 Speaker 4: glass windows. 119 00:06:47,160 --> 00:06:50,800 Speaker 3: Or that's right, anything out there, thing out there that's 120 00:06:50,839 --> 00:06:54,159 Speaker 3: sneaked in to try to, you know, shoot me back there, 121 00:06:54,279 --> 00:06:56,880 Speaker 3: thing out there over there in the the bad thing 122 00:06:56,880 --> 00:06:57,400 Speaker 3: about what be? 123 00:06:57,560 --> 00:06:57,760 Speaker 5: You know? 124 00:06:58,400 --> 00:07:00,719 Speaker 3: I love the studio. I so much more love the 125 00:07:00,720 --> 00:07:03,280 Speaker 3: studio than the old studio we're in. But one thing 126 00:07:03,320 --> 00:07:07,880 Speaker 3: I missed, because now it's starting to get springtime. These 127 00:07:07,920 --> 00:07:12,880 Speaker 3: windows are so crusted over. I have not been cleaned 128 00:07:12,880 --> 00:07:17,160 Speaker 3: on the outside for so long that when the bikini 129 00:07:17,200 --> 00:07:20,120 Speaker 3: clad women start showing up the condos across the street, 130 00:07:20,520 --> 00:07:23,440 Speaker 3: I'm not gonna be able to see them. 131 00:07:22,600 --> 00:07:27,320 Speaker 2: You poor dirty old man. What am I gonna do? Bugs? Bugs? 132 00:07:27,320 --> 00:07:31,320 Speaker 3: Bugs, bugs bugs. It was called the insect protein Revolution. 133 00:07:32,000 --> 00:07:35,480 Speaker 3: It was promoted from Ted talks. He was promoted in 134 00:07:35,640 --> 00:07:38,760 Speaker 3: conference rooms at the United Nations, and it has now 135 00:07:38,800 --> 00:07:43,080 Speaker 3: collided at full speed with the immovable object of human nature, 136 00:07:43,760 --> 00:07:47,280 Speaker 3: market economics, and actual real science, which I know is 137 00:07:47,320 --> 00:07:50,520 Speaker 3: all redundant because science is supposed to be actual and 138 00:07:50,560 --> 00:07:54,200 Speaker 3: real isn't it, and if we're honest enough to learn it. 139 00:07:55,520 --> 00:07:58,080 Speaker 3: This is one that keeps repeating throughout the history of 140 00:07:58,200 --> 00:08:04,480 Speaker 3: top down social engineering. You cannot coerce people into changing 141 00:08:04,560 --> 00:08:09,520 Speaker 3: what they eat by funding enough startups and publishing enough 142 00:08:09,600 --> 00:08:13,720 Speaker 3: reports and putting enough narratives out on the cabal that 143 00:08:13,760 --> 00:08:18,320 Speaker 3: you begin to think, Oh, I'm destroying the planet by 144 00:08:18,400 --> 00:08:24,040 Speaker 3: eating this burger. So let's walk through this because I 145 00:08:24,080 --> 00:08:26,840 Speaker 3: think it deserves a complete and full. 146 00:08:30,240 --> 00:08:31,640 Speaker 2: Autopsy. 147 00:08:32,480 --> 00:08:34,760 Speaker 3: The origin of all this is really a TED I'm 148 00:08:34,760 --> 00:08:38,080 Speaker 3: serious when I talk about it's a TED talk. In fact, 149 00:08:38,080 --> 00:08:40,160 Speaker 3: you might put it this way. If TED talk and 150 00:08:40,240 --> 00:08:43,680 Speaker 3: a United Nations report walk into a bar, right, and 151 00:08:43,760 --> 00:08:46,480 Speaker 3: everything after that is well, it's the bull crap you'd 152 00:08:46,559 --> 00:08:50,400 Speaker 3: expected to be because every great boondoggle has a founding myth, 153 00:08:50,960 --> 00:08:55,360 Speaker 3: and this one is almost too perfect because it started 154 00:08:55,400 --> 00:08:59,839 Speaker 3: with an an etymologist, a Dutch etomologist by the name 155 00:08:59,840 --> 00:09:05,120 Speaker 3: of Marcel dick Wait in that appropriate, who pitched eating 156 00:09:05,280 --> 00:09:09,319 Speaker 3: bugs in a twenty ten TED talk as being critical 157 00:09:09,400 --> 00:09:13,280 Speaker 3: to sustainably feeding a growing human population. I guess this 158 00:09:13,320 --> 00:09:16,959 Speaker 3: guy wants to replace Paul early because and the reason 159 00:09:17,160 --> 00:09:19,600 Speaker 3: is because they claim the insects have a much smaller 160 00:09:19,600 --> 00:09:23,800 Speaker 3: carbon footprint than say, beef, pork, or chicken. And to 161 00:09:23,880 --> 00:09:28,760 Speaker 3: prove his point, he showed during that Ted talk slides 162 00:09:28,800 --> 00:09:32,480 Speaker 3: of meal worms stir fry and cricket top chocolate desserts, 163 00:09:33,360 --> 00:09:37,200 Speaker 3: and the crowd presumably applauded. I don't know whether they 164 00:09:37,200 --> 00:09:39,520 Speaker 3: have applause signs and Ted talks or not, but of 165 00:09:39,520 --> 00:09:42,200 Speaker 3: course they applauded because this is a TED talk and 166 00:09:42,240 --> 00:09:46,600 Speaker 3: the food was hypothetical. And then the institutional machinery started 167 00:09:46,600 --> 00:09:50,840 Speaker 3: to engage. This is how all this bull crap plays out. 168 00:09:51,360 --> 00:09:53,760 Speaker 3: You get a Ted talk, You got some Yahoo named 169 00:09:54,040 --> 00:09:57,920 Speaker 3: Marcel Dick, a Dutch anomologist, which decides that, yeah, you 170 00:09:57,960 --> 00:10:00,760 Speaker 3: gotta start eating crickets, you gotta start eating meal the cockroaches. 171 00:10:02,120 --> 00:10:06,480 Speaker 3: That's when these all play out the same. The institutional 172 00:10:06,520 --> 00:10:10,680 Speaker 3: machinery kicks in, because three years later, the United Nations 173 00:10:10,960 --> 00:10:15,079 Speaker 3: published a comprehensive report that echoed everything that Dick said, 174 00:10:16,240 --> 00:10:19,400 Speaker 3: arguing that insects could be a more eco friendly food source, 175 00:10:19,480 --> 00:10:23,480 Speaker 3: not just for humans but also for livestock. Now, my 176 00:10:23,559 --> 00:10:29,000 Speaker 3: dogs occasionally eat bugs. They'll find they'll find a bug. 177 00:10:29,040 --> 00:10:31,440 Speaker 3: So I forget what cartoon I was reading, or maybe 178 00:10:31,440 --> 00:10:33,400 Speaker 3: it was cow. I don't know, it wasn't Calvin Hobbs 179 00:10:33,400 --> 00:10:36,240 Speaker 3: it somebody about. Maybe it was Marmaduke, some kid, you know, 180 00:10:36,520 --> 00:10:39,120 Speaker 3: talking about he was going to he saw it bug 181 00:10:39,160 --> 00:10:42,520 Speaker 3: on the sidewalk and he's going to squish it, and 182 00:10:42,600 --> 00:10:45,080 Speaker 3: they decided not to squish it because the bug wasn't 183 00:10:45,120 --> 00:10:47,599 Speaker 3: hurt hurting anybody. And so I think it was the 184 00:10:47,640 --> 00:10:49,560 Speaker 3: grandfather and then said, well that was you know, that 185 00:10:49,640 --> 00:10:51,280 Speaker 3: was very good of you not to just squish the 186 00:10:51,280 --> 00:10:52,840 Speaker 3: bug for the fun of it. He goes, yeah, But 187 00:10:52,840 --> 00:10:55,520 Speaker 3: then the roster of the dog ate it, which is 188 00:10:55,559 --> 00:11:00,479 Speaker 3: true dogs they like to eat it. So the unputs out. 189 00:11:01,440 --> 00:11:04,040 Speaker 3: Of course, the cabal steps in and gives a widespread 190 00:11:04,080 --> 00:11:07,400 Speaker 3: media coverage and that triggered a wave of investment from 191 00:11:07,480 --> 00:11:11,120 Speaker 3: venture capital firms and of course governments, because you know, 192 00:11:11,360 --> 00:11:13,640 Speaker 3: you don't realize, but you are the fund that you 193 00:11:13,640 --> 00:11:16,360 Speaker 3: you as a taxpayer, are the funding source for a 194 00:11:16,360 --> 00:11:19,440 Speaker 3: bunch of government programs like this. So we do all 195 00:11:19,440 --> 00:11:23,360 Speaker 3: sorts of insect farming startups across Europe, the United States, 196 00:11:23,480 --> 00:11:28,280 Speaker 3: Canada and everywhere else. And totally the best figure I 197 00:11:28,320 --> 00:11:33,800 Speaker 3: can find is two billion dollars. Two billion dollars. You 198 00:11:33,800 --> 00:11:35,360 Speaker 3: know what liberals like to do. They always like to 199 00:11:35,360 --> 00:11:37,360 Speaker 3: talk about, well, that's two billion dollars who could have 200 00:11:37,360 --> 00:11:41,800 Speaker 3: fed the children. Yeah, well that's what you were trying 201 00:11:41,800 --> 00:11:43,760 Speaker 3: to do, was trying to feed the children with crickets, 202 00:11:43,760 --> 00:11:46,440 Speaker 3: and they didn't like it. This is what happens when 203 00:11:46,480 --> 00:11:51,760 Speaker 3: an idea plays well in say DeVos, but you all, 204 00:11:51,880 --> 00:11:54,880 Speaker 3: you meat eating Neanderthals out there had got to be 205 00:11:55,080 --> 00:11:59,120 Speaker 3: nudge guided and if necessary, subsidized into better food choices. 206 00:11:59,720 --> 00:12:02,200 Speaker 2: Yeah, you made better food choices. 207 00:12:03,160 --> 00:12:06,320 Speaker 3: And it all gets dressed up in the language of sustainability, 208 00:12:06,600 --> 00:12:08,920 Speaker 3: and then it gets handed to people with access to 209 00:12:09,000 --> 00:12:13,160 Speaker 3: other people's money, and the logic is seductive on the surface. 210 00:12:14,200 --> 00:12:17,640 Speaker 3: Insects are fish and protein converters. They emit less greenhouse 211 00:12:17,679 --> 00:12:20,880 Speaker 3: gas than kettles. I'm not sure i'd buy that argument yet, 212 00:12:21,440 --> 00:12:23,199 Speaker 3: because if you look at the life cycle of a 213 00:12:23,320 --> 00:12:26,319 Speaker 3: cow and the grass and everything, it's a true ecosystem 214 00:12:26,360 --> 00:12:29,679 Speaker 3: that you know, the yeah, they fart, but the car 215 00:12:29,840 --> 00:12:32,160 Speaker 3: you know, the carbon goes into the ground and then 216 00:12:32,200 --> 00:12:34,520 Speaker 3: it feeds the grows food and it feeds the cattle. 217 00:12:34,520 --> 00:12:37,680 Speaker 3: I'm not really sure that it really is logic, but 218 00:12:37,800 --> 00:12:40,240 Speaker 3: billions of people in Asian and Africa already eat them. 219 00:12:41,360 --> 00:12:42,560 Speaker 3: I've been all over Asia. 220 00:12:43,040 --> 00:12:43,240 Speaker 1: You know. 221 00:12:43,320 --> 00:12:46,480 Speaker 3: The first place I truly ate bugs that I really 222 00:12:46,480 --> 00:12:51,400 Speaker 3: didn't know what they were South Korea, Jesu Island, billions 223 00:12:51,400 --> 00:12:54,160 Speaker 3: of people. So why shouldn't we just industrialize it like 224 00:12:54,440 --> 00:12:57,120 Speaker 3: we do everything else? Why not bring it west? Well 225 00:12:57,120 --> 00:12:58,760 Speaker 3: it turns out that the answer that was hiding in 226 00:12:58,760 --> 00:13:01,199 Speaker 3: plain sight. But first somebody had to spend two billion 227 00:13:01,240 --> 00:13:03,040 Speaker 3: dollars to find out whether she do it or not. 228 00:13:04,679 --> 00:13:07,440 Speaker 3: Here's the evidence of the twenty or so largest insect 229 00:13:07,520 --> 00:13:11,320 Speaker 3: farming startups, at least twenty five percent of go bankrupt 230 00:13:11,400 --> 00:13:16,760 Speaker 3: in recent years. All toad, all told, shuttered insect farming 231 00:13:16,840 --> 00:13:25,160 Speaker 3: startups account for where's my number here? Almost half of 232 00:13:25,200 --> 00:13:30,360 Speaker 3: all investment into the industry. That is, the market rendering 233 00:13:30,440 --> 00:13:35,200 Speaker 3: a verdict, and the verdict is bankruptcy. Now, the Marquee 234 00:13:35,200 --> 00:13:38,800 Speaker 3: case is something called Insect. Now, Insect is a French 235 00:13:38,840 --> 00:13:42,760 Speaker 3: flagship of the entire movement. But Insect is not spelled 236 00:13:43,400 --> 00:13:47,120 Speaker 3: Sect because the French have to be really cool about everything, right, 237 00:13:47,360 --> 00:13:52,720 Speaker 3: So Insect, with this French company, is spelled Why in 238 00:13:53,240 --> 00:13:54,679 Speaker 3: sect isn't that cool? 239 00:13:54,920 --> 00:14:00,240 Speaker 2: Oh? That just gives me goosebumps Insect. How about wine Sect? Yeah, 240 00:14:00,240 --> 00:14:01,240 Speaker 2: whine sack wine Sect. 241 00:14:03,559 --> 00:14:07,720 Speaker 3: Robert Downey Junior went onto the Late Show during the 242 00:14:07,760 --> 00:14:10,880 Speaker 3: Super Bowl in twenty twenty one and touted the merits 243 00:14:10,920 --> 00:14:14,640 Speaker 3: of Insect. And now that same company has been placed 244 00:14:14,679 --> 00:14:18,600 Speaker 3: in judicial liquidation. We call it bankruptcy here for insolvency. 245 00:14:18,920 --> 00:14:22,760 Speaker 3: So Ironman himself could not save it. Insect had raised 246 00:14:22,800 --> 00:14:29,600 Speaker 3: more than six hundred million dollars. Colle don't put your 247 00:14:29,600 --> 00:14:32,840 Speaker 3: money into insect farming. But that's six hundred million dollars 248 00:14:32,840 --> 00:14:35,680 Speaker 3: represented nearly a full third of the sector's total funding, 249 00:14:35,880 --> 00:14:40,200 Speaker 3: and a quarter of that backing came from French taxpayers. Yes, 250 00:14:40,240 --> 00:14:43,000 Speaker 3: the French government. And what did the French taxpayers get 251 00:14:43,040 --> 00:14:48,000 Speaker 3: for their investment? Three years ago Insect reported a turnover 252 00:14:48,520 --> 00:14:51,760 Speaker 3: of only six hundred and fifty six thousand euros excluding 253 00:14:51,800 --> 00:14:57,240 Speaker 3: internal transactions, yet incurred more than eighty eighty eighty euro 254 00:14:57,440 --> 00:15:02,520 Speaker 3: million in losses. And the French press, at least they 255 00:15:02,560 --> 00:15:07,479 Speaker 3: were honest. Five hundred million rays to make the turnover 256 00:15:08,120 --> 00:15:10,720 Speaker 3: of a bakery. Now, the bakery line's not mine, but 257 00:15:10,760 --> 00:15:14,080 Speaker 3: I wish it was. The operational reality was even grimmer 258 00:15:14,120 --> 00:15:18,200 Speaker 3: than the balance sheet. By attempting to raise meal worms, 259 00:15:19,320 --> 00:15:21,440 Speaker 3: they faced all sorts of complications. 260 00:15:21,440 --> 00:15:22,600 Speaker 2: Who could have who could have? 261 00:15:22,600 --> 00:15:30,560 Speaker 3: Funken diseases, parasites, overly fatty worms clogging the machines. Yes, 262 00:15:30,640 --> 00:15:33,000 Speaker 3: you feed the meal worms too much because you're trying 263 00:15:33,000 --> 00:15:35,040 Speaker 3: to you know, you're like like you're trying to fat 264 00:15:35,120 --> 00:15:37,600 Speaker 3: in the cow, You're trying to faten the calf. Well, 265 00:15:37,800 --> 00:15:40,160 Speaker 3: they were trying to fatten the meal worms and then 266 00:15:40,200 --> 00:15:41,560 Speaker 3: they started clogging the machines. 267 00:15:42,240 --> 00:15:42,840 Speaker 2: And guess what. 268 00:15:42,920 --> 00:15:47,600 Speaker 3: Insects require high temperatures to grow quickly, which led to 269 00:15:47,680 --> 00:15:50,920 Speaker 3: higher energy costs. So they're trying to say the environment 270 00:15:51,000 --> 00:15:53,800 Speaker 3: by reducing energy, but it costs. It takes more energy 271 00:15:53,840 --> 00:15:56,000 Speaker 3: to raise the meal worms. And then there was no 272 00:15:56,040 --> 00:16:01,440 Speaker 3: whistleblower investigation. Yes, whistle blowers in insect peda. Now, come on, 273 00:16:01,720 --> 00:16:07,000 Speaker 3: it's not peda. Former employees described unsanitary conditions inside production areas. 274 00:16:08,160 --> 00:16:11,480 Speaker 3: There are reports of larva accumulating on the floors. Well, 275 00:16:11,480 --> 00:16:13,480 Speaker 3: why didn't they just scrape the larva up off the 276 00:16:13,520 --> 00:16:15,600 Speaker 3: floor and put it into the meal worms. It's just 277 00:16:15,680 --> 00:16:19,680 Speaker 3: additional food, right, I don't know, have you had breakfast yet? 278 00:16:20,560 --> 00:16:23,920 Speaker 3: Have you had breakfast yet? Because I don't know something 279 00:16:23,960 --> 00:16:27,760 Speaker 3: about larva being scraped off the floor thrown into the 280 00:16:27,840 --> 00:16:31,360 Speaker 3: vat with the meal worms, and then you know all 281 00:16:31,400 --> 00:16:34,520 Speaker 3: that larva accumulating on floors, and then they had wild past, 282 00:16:34,560 --> 00:16:37,160 Speaker 3: they had rodents, they had birds, they had insects. So 283 00:16:37,360 --> 00:16:41,840 Speaker 3: all the worker health and safety concerns included inadequate respiratory protection, 284 00:16:41,960 --> 00:16:45,280 Speaker 3: exposure to dust, and all sorts of odors, and accounts 285 00:16:45,320 --> 00:16:48,920 Speaker 3: of respiratory and allergic health problems among the staff. So 286 00:16:49,080 --> 00:16:54,520 Speaker 3: let the record reflect the showcase of this entire industry, 287 00:16:55,120 --> 00:17:00,240 Speaker 3: celebrated by celebraties funded by governments, produce the revenue of 288 00:17:00,240 --> 00:17:02,720 Speaker 3: a small bakery. And they burn through more than half 289 00:17:02,720 --> 00:17:05,199 Speaker 3: a billion dollars and allegedly couldn't keep the rodents out 290 00:17:05,240 --> 00:17:09,359 Speaker 3: of the mealworm. That's the revolution, and insect was not 291 00:17:09,400 --> 00:17:13,040 Speaker 3: alone in its failure. There was a French another French startup, 292 00:17:13,960 --> 00:17:19,240 Speaker 3: agro Nutros, agro neutros. Think about that word insact with 293 00:17:19,280 --> 00:17:21,159 Speaker 3: a y and agro nutrius. 294 00:17:21,160 --> 00:17:21,879 Speaker 2: You know what this is like? 295 00:17:22,320 --> 00:17:23,800 Speaker 3: This is like all the names that they come up 296 00:17:23,800 --> 00:17:26,359 Speaker 3: with all the pharmaceutical days. You know, we should do 297 00:17:26,440 --> 00:17:29,920 Speaker 3: a test sometimes dragon We'll just read the names off 298 00:17:30,560 --> 00:17:34,800 Speaker 3: and you have to guess what disease or malady that 299 00:17:34,880 --> 00:17:35,600 Speaker 3: it takes care of. 300 00:17:36,200 --> 00:17:42,040 Speaker 2: Mirror all the law, who's the idiot of them all? 301 00:17:42,160 --> 00:17:45,359 Speaker 3: You know, I would be careful about leaving a talk 302 00:17:45,440 --> 00:17:50,000 Speaker 3: back like that toward Dragon because he can be pretty vicious, 303 00:17:50,200 --> 00:17:53,000 Speaker 3: and if he's too scared of you, he can always 304 00:17:53,040 --> 00:17:55,240 Speaker 3: have missus Redbeard come after you. So i'd be a 305 00:17:55,280 --> 00:17:59,000 Speaker 3: little careful about that. And I don't know why you 306 00:17:59,000 --> 00:18:01,040 Speaker 3: have to pick on the producer all the time. 307 00:18:01,840 --> 00:18:04,439 Speaker 2: Don't you know? Yeah, I'm sure that was totally directed 308 00:18:04,440 --> 00:18:05,800 Speaker 2: at me. Well, of course it was. 309 00:18:05,840 --> 00:18:08,960 Speaker 3: He can't possibly be directed at me. Well, if I know, 310 00:18:09,119 --> 00:18:11,480 Speaker 3: I'm the one he's sitting there with the cockroach in 311 00:18:11,520 --> 00:18:17,120 Speaker 3: my lap. In the United States talking about these bugs. 312 00:18:17,359 --> 00:18:19,480 Speaker 3: The story's no different. Let's forget about the French. They're 313 00:18:19,480 --> 00:18:23,560 Speaker 3: stupid anyway, right, The story was any different. In Nova 314 00:18:23,640 --> 00:18:28,880 Speaker 3: Feed they opened a pilot insect farming plan in Decatur, Illinois, 315 00:18:28,880 --> 00:18:31,520 Speaker 3: in partnership with eight M. Of course ADM. Of course, 316 00:18:31,560 --> 00:18:34,119 Speaker 3: there's always going to archer. Daniel Mindland is always going 317 00:18:34,160 --> 00:18:35,840 Speaker 3: to try to find some way to make some more money. 318 00:18:36,920 --> 00:18:39,680 Speaker 3: But they suspended operations a year and a half later 319 00:18:39,720 --> 00:18:43,680 Speaker 3: because of funding and By the way, they got eleven 320 00:18:43,720 --> 00:18:44,679 Speaker 3: point seven million. 321 00:18:44,880 --> 00:18:47,040 Speaker 2: I love the way they always phrased this. 322 00:18:47,359 --> 00:18:51,840 Speaker 3: They got an eleven point seven million USDA grant from 323 00:18:52,080 --> 00:18:52,680 Speaker 3: the government. 324 00:18:53,520 --> 00:18:54,439 Speaker 2: No, they did not. 325 00:18:54,640 --> 00:18:57,560 Speaker 3: They got an eleven point seven million USDA grant from 326 00:18:57,600 --> 00:18:59,040 Speaker 3: the American taxpayers. 327 00:19:00,040 --> 00:19:04,560 Speaker 2: And then they close their doors and then tie some foods. 328 00:19:04,720 --> 00:19:06,639 Speaker 3: They decided to get in on it too, because they 329 00:19:06,720 --> 00:19:09,480 Speaker 3: know there's some money out there. I'm telling you, every 330 00:19:09,480 --> 00:19:12,879 Speaker 3: time you subsidize something, every time you offer a grant program, 331 00:19:13,080 --> 00:19:15,080 Speaker 3: somebody's gonna step up. They don't give a rats ask 332 00:19:15,080 --> 00:19:17,119 Speaker 3: whether it's ever going to succeed or not. They just 333 00:19:17,160 --> 00:19:19,240 Speaker 3: know they've got some money to spend and they can. 334 00:19:19,600 --> 00:19:23,840 Speaker 3: They'll always overhead. Every grant always comes with a certain 335 00:19:23,920 --> 00:19:27,560 Speaker 3: margin that is allocated for overhead, which means you can 336 00:19:27,640 --> 00:19:31,439 Speaker 3: offset some of your outstanding in regular overhead with the 337 00:19:31,480 --> 00:19:35,040 Speaker 3: grant from you. Isn't that great, American taxpayer? You just 338 00:19:35,080 --> 00:19:37,680 Speaker 3: bend over, grab your angles and just laugh all the way, 339 00:19:37,920 --> 00:19:43,399 Speaker 3: just laugh, laugh, laugh, good grief. Now, the advocates of 340 00:19:43,600 --> 00:19:49,440 Speaker 3: insect protein, they had a really amazing theory. They argue 341 00:19:49,480 --> 00:19:53,320 Speaker 3: that converting feed to protein was far more efficient than 342 00:19:53,359 --> 00:19:56,600 Speaker 3: cattle less land, less water, less methane. And it all 343 00:19:56,640 --> 00:19:59,960 Speaker 3: sounded great on a white paper, but the market all 344 00:20:00,000 --> 00:20:01,280 Speaker 3: always tells you the truth. 345 00:20:02,240 --> 00:20:03,160 Speaker 2: The core problem. 346 00:20:04,400 --> 00:20:07,959 Speaker 3: Insect meal costs ten times more than soybean meal and 347 00:20:08,040 --> 00:20:10,199 Speaker 3: three and a half times more than fish meal. So 348 00:20:10,320 --> 00:20:14,600 Speaker 3: think about that just from a market standpoint. Now you're 349 00:20:14,600 --> 00:20:17,440 Speaker 3: going to ask farmers already operating on a very thin 350 00:20:17,560 --> 00:20:21,119 Speaker 3: margin to pay upwards of ten times premium for feed. 351 00:20:21,840 --> 00:20:23,000 Speaker 2: You're asking food. 352 00:20:22,800 --> 00:20:26,520 Speaker 3: Manufacturers to build products around a protein source that costs 353 00:20:26,560 --> 00:20:30,280 Speaker 3: dramatically more than every existing alternative. And you're doing all 354 00:20:30,320 --> 00:20:35,439 Speaker 3: of that while simultaneously expecting the consumer, particularly Western consumers, 355 00:20:35,960 --> 00:20:40,800 Speaker 3: to enthusiastically embrace the idea of eating bugs. The circular 356 00:20:40,840 --> 00:20:45,240 Speaker 3: economy argument that insects would consume food waste and convert 357 00:20:45,280 --> 00:20:49,480 Speaker 3: it into protein, well that's a fantasy. Large scale farms 358 00:20:49,600 --> 00:20:53,680 Speaker 3: rarely use genuine food waste, why because of regulatory restrictions, 359 00:20:53,920 --> 00:20:57,560 Speaker 3: sanitary risk, just the logistics, and there's obviously going to 360 00:20:57,600 --> 00:21:02,400 Speaker 3: be nutritional variability. So the same breers that prevent feeding 361 00:21:02,520 --> 00:21:09,240 Speaker 3: waste to conventional livestock. Instead, major producers use grain coproducts 362 00:21:09,280 --> 00:21:13,639 Speaker 3: like wheat brand, meaning that insects compete directly with traditional 363 00:21:13,680 --> 00:21:19,640 Speaker 3: livestock for feed rather than creating a circular system. There 364 00:21:19,680 --> 00:21:23,119 Speaker 3: was one founder that I found who said this, it 365 00:21:23,160 --> 00:21:26,160 Speaker 3: doesn't really make sense to buy chicken feed to feed 366 00:21:26,320 --> 00:21:32,520 Speaker 3: insects defeed the chicken. That's not a cynical critique. That's 367 00:21:32,560 --> 00:21:37,600 Speaker 3: the industry's own people confessing in cowboy English that the 368 00:21:37,600 --> 00:21:43,040 Speaker 3: fundamental economic premise didn't hold. But what about the science, 369 00:21:43,640 --> 00:21:47,959 Speaker 3: the science whether it's an international team of academics from 370 00:21:47,960 --> 00:21:50,879 Speaker 3: the United Kingdom, the US, and Europe. They published a 371 00:21:50,960 --> 00:21:54,800 Speaker 3: pure reviewed study that I found in Biological Reviews. It 372 00:21:54,920 --> 00:21:59,439 Speaker 3: examined whether the environmental benefits of insect farming had been overstated. 373 00:22:00,560 --> 00:22:04,840 Speaker 3: You see all this climate crap is just falling apart. Well, 374 00:22:04,880 --> 00:22:07,600 Speaker 3: the short answer was yes, and dramatically. 375 00:22:07,640 --> 00:22:07,720 Speaker 5: So. 376 00:22:08,160 --> 00:22:11,560 Speaker 3: The most surprising finding, I think was that although insects 377 00:22:11,600 --> 00:22:15,280 Speaker 3: are often said to be more sustainable than meat, the 378 00:22:15,359 --> 00:22:19,200 Speaker 3: vast majority of companies they weren't actually trying to replace 379 00:22:19,320 --> 00:22:23,480 Speaker 3: meat at all because of low consumer acceptance for the 380 00:22:23,640 --> 00:22:28,800 Speaker 3: human food market. Approximately ninety percent of insect based foods 381 00:22:28,920 --> 00:22:34,879 Speaker 3: don't replace meat. They replace plant based products that go 382 00:22:34,960 --> 00:22:38,640 Speaker 3: into things like bars or snacks or pasta, which already 383 00:22:38,640 --> 00:22:43,160 Speaker 3: have a smaller environmental impact. So percent of insect based 384 00:22:43,280 --> 00:22:47,680 Speaker 3: human food products were replacing foods that were already more 385 00:22:47,760 --> 00:22:51,480 Speaker 3: environmentally friendly than the meat. Now the demand side of 386 00:22:51,480 --> 00:22:56,439 Speaker 3: the equation is also damaging. Doctor Dustin Crummin, the founder 387 00:22:56,440 --> 00:23:00,800 Speaker 3: and executive director of the Insect Institute. You know, if 388 00:23:00,840 --> 00:23:04,399 Speaker 3: you don't tell me you can't find work somewhere, you 389 00:23:04,400 --> 00:23:06,840 Speaker 3: can always get a job, you know, mopping up the 390 00:23:06,880 --> 00:23:11,080 Speaker 3: insects at the Insect Institute, he said bluntly. Whether for 391 00:23:11,200 --> 00:23:16,200 Speaker 3: human consumption where insect acceptability remains low, or for animal feed, 392 00:23:16,560 --> 00:23:19,000 Speaker 3: where insects costs two to ten times much as sewy 393 00:23:19,040 --> 00:23:24,440 Speaker 3: or fish meal, the sector struggles to become competitive. And yet, 394 00:23:25,560 --> 00:23:29,040 Speaker 3: and this is so true for almost every business you 395 00:23:29,080 --> 00:23:33,639 Speaker 3: can think of, the industry was collapsing around them. But 396 00:23:33,800 --> 00:23:38,640 Speaker 3: the trade group representing those failing companies never looked inward. 397 00:23:39,840 --> 00:23:43,760 Speaker 3: They the International Platform. I can't believe I'm even using this, 398 00:23:44,720 --> 00:23:50,880 Speaker 3: The International Platform of Insects for Food and Feed. See, 399 00:23:50,920 --> 00:23:56,240 Speaker 3: you can, if you have any entrepreneurial skills at all, 400 00:23:57,119 --> 00:23:59,920 Speaker 3: come up with something like the International Platform of Insects, 401 00:23:59,880 --> 00:24:04,160 Speaker 3: Food and Feed. Because they raised money and went out 402 00:24:04,160 --> 00:24:08,960 Speaker 3: to call on the European Union to mandate publicly funded 403 00:24:09,000 --> 00:24:13,399 Speaker 3: food services like school cafeterias to buy insect meat, and 404 00:24:13,440 --> 00:24:16,600 Speaker 3: to force publicly owned farms to buy insect meal to 405 00:24:16,600 --> 00:24:17,520 Speaker 3: feed to their animals. 406 00:24:18,080 --> 00:24:19,360 Speaker 2: Now, think about that. 407 00:24:19,440 --> 00:24:24,000 Speaker 3: Their response, the industry's response to a market rejection was 408 00:24:24,040 --> 00:24:27,560 Speaker 3: not to well, maybe i'll reconsiderate. It was to demand 409 00:24:27,840 --> 00:24:33,679 Speaker 3: that governments forced rug rats to eat bugs at school lunch. Now, 410 00:24:33,720 --> 00:24:37,760 Speaker 3: if your product can only survive by government mandate, you 411 00:24:37,800 --> 00:24:38,720 Speaker 3: don't have a product. 412 00:24:39,359 --> 00:24:43,879 Speaker 2: You have a political project who decided this was. 413 00:24:43,880 --> 00:24:47,840 Speaker 3: A good idea to begin with. Because this movement was 414 00:24:47,920 --> 00:24:52,679 Speaker 3: never primarily a response to consumer demand. Do you know 415 00:24:52,720 --> 00:24:59,120 Speaker 3: if anybody, literally anybody that went to their refrigerator stared at, say, 416 00:24:59,119 --> 00:25:03,639 Speaker 3: a chicken breast and thought, meals that really needs a 417 00:25:03,760 --> 00:25:08,919 Speaker 3: side of meal worms? Now, the demand was manufactured, well, 418 00:25:09,040 --> 00:25:11,280 Speaker 3: I think, actually a better word of the I think 419 00:25:11,280 --> 00:25:16,400 Speaker 3: the demand was assumed by people whose entire professional identity 420 00:25:17,400 --> 00:25:20,000 Speaker 3: was built around the idea about the world's food systems 421 00:25:20,040 --> 00:25:23,760 Speaker 3: needing to be transformed. And that all started with a 422 00:25:23,880 --> 00:25:27,320 Speaker 3: sermon in the church of the climate activists disguised as 423 00:25:27,359 --> 00:25:31,720 Speaker 3: a ted talk, and the UN report became well, that 424 00:25:31,760 --> 00:25:33,840 Speaker 3: became the bible, that became one of the books of 425 00:25:33,880 --> 00:25:37,359 Speaker 3: the Bible, in the Church, of the climate activists, and 426 00:25:37,400 --> 00:25:40,080 Speaker 3: the actual human beings that were supposed to eat the 427 00:25:40,119 --> 00:25:43,240 Speaker 3: resulting product. They were never being part of the conversation. 428 00:25:44,240 --> 00:25:46,320 Speaker 3: Did anybody ever ask you, poll you or you don't 429 00:25:46,320 --> 00:25:49,840 Speaker 3: want to know? Hey, you wanna eat bugs? This is 430 00:25:49,880 --> 00:25:53,440 Speaker 3: the same error that we have seen play out with 431 00:25:53,840 --> 00:25:58,640 Speaker 3: fake meat, with lab grown beef, with every technocratic food 432 00:25:58,800 --> 00:26:02,440 Speaker 3: intervention of the past day. The architects are far more 433 00:26:02,520 --> 00:26:06,440 Speaker 3: passionate about the idea than the consumers that they ostensibly 434 00:26:06,480 --> 00:26:07,280 Speaker 3: are trying to serve. 435 00:26:08,520 --> 00:26:10,800 Speaker 2: Oh yeah, I know. Don't get me wrong. I understand. 436 00:26:10,840 --> 00:26:12,800 Speaker 3: You can go out and raise six hundred million dollars 437 00:26:13,160 --> 00:26:17,320 Speaker 3: if your narrative is sustainability. It's like getting a grant 438 00:26:17,359 --> 00:26:18,680 Speaker 3: from the government. If you go out there and tell 439 00:26:18,680 --> 00:26:20,639 Speaker 3: them it's about terroristm they'll give you a grant for it. 440 00:26:21,320 --> 00:26:23,720 Speaker 3: But you can't make people eat things they don't want 441 00:26:23,720 --> 00:26:29,480 Speaker 3: to eat, because eventually those two facts collide. And what's 442 00:26:30,160 --> 00:26:32,720 Speaker 3: interesting here is the data was always there. The two 443 00:26:32,760 --> 00:26:36,480 Speaker 3: billion people who already regularly consume insects, primarily in Asia, 444 00:26:36,520 --> 00:26:40,760 Speaker 3: African Latin America, do so because it's part of their 445 00:26:40,880 --> 00:26:45,320 Speaker 3: native food culture and because the insects are local, and 446 00:26:45,359 --> 00:26:48,280 Speaker 3: they're abundant, and because the economics make sense at the 447 00:26:48,280 --> 00:26:52,439 Speaker 3: individual the community level. None of those conditions exist in 448 00:26:52,480 --> 00:26:57,679 Speaker 3: the United States or in Western Europe. Cultural preferences around food. 449 00:26:58,680 --> 00:27:02,399 Speaker 3: That's probably among the most durable features of human behavior. 450 00:27:03,320 --> 00:27:05,480 Speaker 2: But yet you get a ted talk Mike. 451 00:27:06,000 --> 00:27:08,720 Speaker 1: I ate a bug or two with my day, usually 452 00:27:08,720 --> 00:27:10,920 Speaker 1: while riding a bike or something like that. 453 00:27:12,119 --> 00:27:15,840 Speaker 2: But you know what, I'm sorry, but. 454 00:27:16,040 --> 00:27:22,159 Speaker 5: Gimme a pork chop, you you heathen out there destroying 455 00:27:22,160 --> 00:27:27,119 Speaker 5: the planet, a pork chob, pork chop, pork chop, and 456 00:27:27,160 --> 00:27:28,040 Speaker 5: give me a park job. 457 00:27:29,520 --> 00:27:31,280 Speaker 2: This whole insect protein boom. 458 00:27:32,480 --> 00:27:34,240 Speaker 3: I don't think in any way can you say there 459 00:27:34,240 --> 00:27:38,000 Speaker 3: was some sort of organic response to a genuine market demand. 460 00:27:39,560 --> 00:27:42,920 Speaker 2: Almost like everything else in our lives, it was. 461 00:27:43,480 --> 00:27:48,439 Speaker 3: It was an ideological driven experiment that then gets funded 462 00:27:48,480 --> 00:27:51,760 Speaker 3: substantially by taxpayers, whether you. 463 00:27:51,720 --> 00:27:52,400 Speaker 2: Want to or not. 464 00:27:53,200 --> 00:27:56,159 Speaker 3: This is what drives me crazy about our society today. 465 00:27:56,600 --> 00:27:59,199 Speaker 3: We fund all of this bull crap that I have 466 00:27:59,320 --> 00:28:02,280 Speaker 3: no interesting and whatsoever. Why don't we just get back 467 00:28:02,280 --> 00:28:03,360 Speaker 3: to some fundamentals. 468 00:28:04,320 --> 00:28:04,480 Speaker 2: Now. 469 00:28:04,480 --> 00:28:10,119 Speaker 3: I'm not opposed to government research, but is there no 470 00:28:10,160 --> 00:28:15,280 Speaker 3: place where we'll draw the line cancer versus bugs, and 471 00:28:15,320 --> 00:28:16,920 Speaker 3: then you get me started on cancer because like you 472 00:28:17,040 --> 00:28:19,720 Speaker 3: got it down the conspiratorial hole about well, we don't 473 00:28:19,720 --> 00:28:21,520 Speaker 3: really want to find a cure for cancer because we're 474 00:28:21,520 --> 00:28:24,679 Speaker 3: making too much money off the all of the chemo 475 00:28:24,760 --> 00:28:29,440 Speaker 3: that we use. I mean, that's how crazy the whole 476 00:28:29,440 --> 00:28:37,280 Speaker 3: world has gotten. Insect farming represented probably the most concentrated 477 00:28:37,320 --> 00:28:42,000 Speaker 3: cluster of failures in ag tech last year, approximately six 478 00:28:42,120 --> 00:28:46,880 Speaker 3: hundred and seventy million dollars, and that's indisclosed funding that's 479 00:28:46,920 --> 00:28:48,120 Speaker 3: tied to bankruptcies. 480 00:28:49,520 --> 00:28:49,760 Speaker 2: Now. 481 00:28:49,880 --> 00:28:51,600 Speaker 3: I don't know how many out there have just gone 482 00:28:51,640 --> 00:28:55,680 Speaker 3: compute that never really filed to Chapter seven or thirteen 483 00:28:55,840 --> 00:28:58,240 Speaker 3: or an eleven and they're in some sort of reorganization. 484 00:28:58,280 --> 00:28:58,719 Speaker 2: I don't know. 485 00:28:58,760 --> 00:29:02,480 Speaker 3: But several failed companies that had raised late stage capital 486 00:29:03,280 --> 00:29:06,880 Speaker 3: pointing to scale up risk rather than early stage experimentation failure. 487 00:29:07,160 --> 00:29:09,960 Speaker 3: And these were not naive early bets on some sort 488 00:29:10,000 --> 00:29:15,600 Speaker 3: of unproven technology. These were mature, well capitalized enterprise eight 489 00:29:15,600 --> 00:29:24,200 Speaker 3: am Tyson, well capitalized enterprises that had made it past 490 00:29:24,240 --> 00:29:27,040 Speaker 3: the startup phase, and still they couldn't compete in the 491 00:29:27,040 --> 00:29:30,760 Speaker 3: real world. So the market did not fail. The insect 492 00:29:30,800 --> 00:29:35,160 Speaker 3: farming industry I'm arguing that the insect farming industry failed 493 00:29:35,200 --> 00:29:38,640 Speaker 3: the market, and more importantly, failed the people you and 494 00:29:38,680 --> 00:29:43,680 Speaker 3: me whose tax dollars funded that experiment. The lesson here 495 00:29:44,320 --> 00:29:47,080 Speaker 3: is not that insects are inherently unsuitable as food. 496 00:29:48,400 --> 00:29:50,120 Speaker 2: I told you that, You're probably right. 497 00:29:50,160 --> 00:29:52,680 Speaker 3: The first bug I probably ate was riding my bicycle 498 00:29:52,720 --> 00:29:56,680 Speaker 3: around the block, or you know, you're you're hiking in 499 00:29:56,720 --> 00:29:58,480 Speaker 3: the mountains, all of a sudden you sup down a 500 00:29:58,480 --> 00:29:59,480 Speaker 3: mosquito or something. 501 00:30:00,200 --> 00:30:04,920 Speaker 2: It just it happens. Theces happen sometimes, but the real time. 502 00:30:05,040 --> 00:30:09,280 Speaker 3: The first time I purposely ate insects was on Jesu 503 00:30:09,360 --> 00:30:13,479 Speaker 3: Island in just off the mainland of South Korea, and 504 00:30:13,640 --> 00:30:17,160 Speaker 3: we were we were walking around and there were people 505 00:30:17,640 --> 00:30:20,920 Speaker 3: along the shore that were taking who knows what out 506 00:30:20,920 --> 00:30:24,200 Speaker 3: of the ocean and taking things out of the rainforest 507 00:30:24,680 --> 00:30:28,080 Speaker 3: there on the island, and they were stir frying. 508 00:30:28,560 --> 00:30:31,160 Speaker 2: It's smelled so damn good that. 509 00:30:31,200 --> 00:30:33,560 Speaker 3: I mean, Tamer looked at me like you're out of 510 00:30:33,560 --> 00:30:36,280 Speaker 3: your effing mind, and I'm like, when is Jesu? 511 00:30:36,920 --> 00:30:37,840 Speaker 2: Those the Jesus? 512 00:30:39,040 --> 00:30:42,080 Speaker 3: Yeah, And so I tried it, and it's kind of 513 00:30:42,120 --> 00:30:43,960 Speaker 3: like the restaurants now. 514 00:30:43,840 --> 00:30:44,520 Speaker 1: That serve. 515 00:30:46,000 --> 00:30:50,840 Speaker 3: Brussel sprouts. I despise brussel sprouts. They stink, they taste awful, 516 00:30:50,880 --> 00:30:53,920 Speaker 3: they make me puke. But now they say, what you 517 00:30:54,000 --> 00:30:54,800 Speaker 3: like brussel. 518 00:30:54,440 --> 00:30:57,320 Speaker 4: Sproutsel sprouts are delicious roasted with small oil. 519 00:30:57,400 --> 00:31:00,360 Speaker 2: Yeah see, and you make my cats. Thank you, thank you, lord, 520 00:31:00,360 --> 00:31:01,640 Speaker 2: you just made my case. All right. 521 00:31:01,640 --> 00:31:04,360 Speaker 3: I love brussel sprouts. They got to be soaked and olifoil. 522 00:31:04,400 --> 00:31:06,600 Speaker 3: They gotta have garlic coutum, they gotta be stir fried. 523 00:31:06,600 --> 00:31:08,680 Speaker 3: They gotta have salt and pepper, they gotta have everything else. 524 00:31:08,720 --> 00:31:10,840 Speaker 3: And once you have all this crap on it, and 525 00:31:10,880 --> 00:31:13,520 Speaker 3: then you can't taste the brussels sprout. Oh that makes 526 00:31:13,560 --> 00:31:19,560 Speaker 3: a really good appetizer. Yeah, yeah, yeah, bacon crumbles over 527 00:31:19,600 --> 00:31:23,200 Speaker 3: the right. Yeah yeah, of course you like you don't 528 00:31:23,280 --> 00:31:25,640 Speaker 3: like brussels sprouts. You like everything that they cover the 529 00:31:25,680 --> 00:31:30,200 Speaker 3: brussels sprouts up with. Well, you walk right into that one. 530 00:31:31,800 --> 00:31:35,480 Speaker 3: You walked right into that one. So the lesson here 531 00:31:35,640 --> 00:31:40,600 Speaker 3: is not that insects are hirely unsustainable as food, because 532 00:31:40,640 --> 00:31:42,560 Speaker 3: in some places of the world yew people actually do 533 00:31:42,640 --> 00:31:47,040 Speaker 3: eat it. But the lesson darker still is this when 534 00:31:47,280 --> 00:31:51,280 Speaker 3: powerful institutions like the US government or the French government. 535 00:31:52,320 --> 00:31:55,640 Speaker 3: When they get committed to an idea, they will spend 536 00:31:56,000 --> 00:31:59,840 Speaker 3: enormous sums of your money before they admit that the 537 00:32:00,000 --> 00:32:03,480 Speaker 3: idea was wrong. I think most of us probably figured 538 00:32:03,520 --> 00:32:07,360 Speaker 3: this out long before a dime was spent, but apparently 539 00:32:07,440 --> 00:32:11,960 Speaker 3: it takes a two billion dollar deposit at a graveyard 540 00:32:12,000 --> 00:32:15,560 Speaker 3: of bankruptcy to convince people at DeVos that, yeah, people 541 00:32:15,600 --> 00:32:19,880 Speaker 3: don't want to eat bugs. The rest of us over here, yeah, 542 00:32:20,040 --> 00:32:21,560 Speaker 3: we're still going to be eating steak.