1 00:00:00,240 --> 00:00:04,680 Speaker 1: From UFOs to psychic powers and government conspiracies. History is 2 00:00:04,760 --> 00:00:09,080 Speaker 1: riddled with unexplained events. You can turn back now or 3 00:00:09,200 --> 00:00:12,079 Speaker 1: learn the stuff they don't want you to know. A 4 00:00:12,200 --> 00:00:25,520 Speaker 1: production of I Heart Radio. Hello, and welcome back to 5 00:00:25,560 --> 00:00:27,760 Speaker 1: the show. My name is Matt, my name is Nol. 6 00:00:27,920 --> 00:00:30,360 Speaker 1: They called me Ben. We're joined as always with our 7 00:00:30,480 --> 00:00:35,000 Speaker 1: super producer Ball mission controlled decads. Most importantly, you are you, 8 00:00:35,000 --> 00:00:38,000 Speaker 1: You are here, and that makes this the stuff they 9 00:00:38,080 --> 00:00:42,080 Speaker 1: don't want you to know. Folks, you may have heard 10 00:00:42,159 --> 00:00:45,040 Speaker 1: the old saying, give a man a gun and he 11 00:00:45,040 --> 00:00:47,519 Speaker 1: can rob a bank. Give a man a bank and 12 00:00:47,560 --> 00:00:51,680 Speaker 1: he can rob the world. There there's so many versions 13 00:00:51,840 --> 00:00:55,120 Speaker 1: of this phrase that the etymology of it or the 14 00:00:55,120 --> 00:00:57,880 Speaker 1: origin can be a little bit tough to trace. Uh. 15 00:00:58,200 --> 00:01:00,640 Speaker 1: I think many of us in the audience have heard 16 00:01:01,000 --> 00:01:04,160 Speaker 1: some version of that idea before, maybe a Mr. Robot. 17 00:01:04,280 --> 00:01:07,120 Speaker 1: It comes up in that show. Uh. And it's a 18 00:01:07,160 --> 00:01:11,600 Speaker 1: neat quote. It's a little oversimplified, sure, but as there's 19 00:01:11,640 --> 00:01:14,680 Speaker 1: no getting around it. Really, money makes the world go round. 20 00:01:14,800 --> 00:01:17,520 Speaker 1: And whether you love or hate the world's financial system, 21 00:01:17,840 --> 00:01:21,760 Speaker 1: you know that banks are necessary. So it makes sense 22 00:01:21,800 --> 00:01:26,279 Speaker 1: to wonder how much power this gives people running banks 23 00:01:26,360 --> 00:01:30,520 Speaker 1: or running investment arms. That's really what we're talking about today. 24 00:01:30,840 --> 00:01:34,000 Speaker 1: You know, what what kind of power do you wield 25 00:01:34,280 --> 00:01:39,560 Speaker 1: when you are in charge of investment and venture capital 26 00:01:40,360 --> 00:01:44,040 Speaker 1: and venture capital? Yeah? What kind of power do people 27 00:01:44,160 --> 00:01:49,280 Speaker 1: like ceo s, board members, or oddly enough, the CIA 28 00:01:49,680 --> 00:01:52,280 Speaker 1: have when they get in the world of venture capital? 29 00:01:52,720 --> 00:01:55,320 Speaker 1: That's yeah, this is a CIA episode. For everyone who 30 00:01:55,320 --> 00:01:58,720 Speaker 1: didn't did see the title, this is one that freak decide. 31 00:01:58,720 --> 00:02:01,920 Speaker 1: I mean, before we get started it, I think, um, 32 00:02:02,040 --> 00:02:04,960 Speaker 1: maybe you'd be helpful for us to to give a 33 00:02:04,960 --> 00:02:10,280 Speaker 1: little foreshadowing. We talked about the CIA and venture capital 34 00:02:11,840 --> 00:02:14,920 Speaker 1: a while ago, a number of years back, when we 35 00:02:15,040 --> 00:02:17,840 Speaker 1: learned just how many pies they had their fingers in. 36 00:02:17,880 --> 00:02:20,760 Speaker 1: Do you guys remember that, I do, it's been a while. 37 00:02:21,400 --> 00:02:24,280 Speaker 1: Is that around the time we hit Air America and 38 00:02:24,360 --> 00:02:30,160 Speaker 1: some of those other venture capital situations like front companies? Yeah, 39 00:02:30,200 --> 00:02:32,440 Speaker 1: front companies. I think that's what we're talking about. I 40 00:02:32,480 --> 00:02:35,400 Speaker 1: don't know, it all kind of runs together sometimes. Yeah. 41 00:02:35,440 --> 00:02:41,200 Speaker 1: We talked in a previous episode about the often unexamined 42 00:02:41,240 --> 00:02:48,720 Speaker 1: relationship between intelligence agencies and private technology companies, right especially 43 00:02:48,760 --> 00:02:52,560 Speaker 1: during the dot com boom, especially as the tech giants 44 00:02:52,880 --> 00:02:57,120 Speaker 1: came to be. And now now we're diving into the 45 00:02:57,200 --> 00:03:00,960 Speaker 1: nuts and bolts of how this happens. What the fans 46 00:03:01,200 --> 00:03:04,920 Speaker 1: of today's topic will say, it's the best way to 47 00:03:05,880 --> 00:03:10,440 Speaker 1: cut past the loopholes of traditional private contractors. But the 48 00:03:10,480 --> 00:03:15,280 Speaker 1: opponents of this practice would say, you're crazy. This is 49 00:03:15,840 --> 00:03:19,320 Speaker 1: this has potential to be terrible for a number of reasons, 50 00:03:19,360 --> 00:03:22,839 Speaker 1: and we'll explore those reasons too, But let's start at 51 00:03:22,840 --> 00:03:26,680 Speaker 1: the beginning. Here are the facts. The c i A. 52 00:03:27,360 --> 00:03:29,640 Speaker 1: They don't really have a bank, but they do have 53 00:03:29,720 --> 00:03:33,839 Speaker 1: an investment arm. And just one person's opinion here, its 54 00:03:33,919 --> 00:03:38,280 Speaker 1: name is terrible in q tel. It kind of doesn't 55 00:03:38,280 --> 00:03:40,880 Speaker 1: it sound like a like a kind of antiquated kind 56 00:03:40,880 --> 00:03:44,360 Speaker 1: of telephone company, or like it's trying to sound futuristic, 57 00:03:44,440 --> 00:03:47,120 Speaker 1: but it doesn't quite know what that means. It's definitely 58 00:03:47,400 --> 00:03:51,080 Speaker 1: rings of communication and technology. Yeah, sure, in q tel, 59 00:03:51,640 --> 00:03:53,840 Speaker 1: But a lot of people know it as i q T. 60 00:03:54,640 --> 00:03:56,200 Speaker 1: You may you may have heard of it in that 61 00:03:56,240 --> 00:04:01,960 Speaker 1: way I cute, Yes, yes, i qte uh, which it's 62 00:04:02,000 --> 00:04:06,200 Speaker 1: almost it's one of those um accent exercises. It almost 63 00:04:06,360 --> 00:04:10,040 Speaker 1: sounds like you're saying, hey qt in a different accent. 64 00:04:10,120 --> 00:04:15,280 Speaker 1: I QT so so there is a reason this name 65 00:04:15,320 --> 00:04:20,239 Speaker 1: came about. The investment arm was originally called Pelias UH, 66 00:04:20,279 --> 00:04:25,360 Speaker 1: and the i q T name is at least partially 67 00:04:25,400 --> 00:04:30,640 Speaker 1: inspired by Q from the James Bond universe. So they 68 00:04:30,680 --> 00:04:34,120 Speaker 1: have this idea their tech focus. They want to uh, 69 00:04:34,360 --> 00:04:37,360 Speaker 1: they want to be a real life Q or you know, 70 00:04:37,560 --> 00:04:42,040 Speaker 1: that's the like, that's the fun part of the brainstorming meeting. 71 00:04:42,120 --> 00:04:44,640 Speaker 1: They said, Oh, we love James Bond. Uh. This is 72 00:04:44,640 --> 00:04:49,560 Speaker 1: pretty recent was founded in with twenty eight million dollars 73 00:04:49,600 --> 00:04:53,039 Speaker 1: and starting capital from the CIA, which honestly, in the 74 00:04:53,080 --> 00:04:56,640 Speaker 1: world of venture capitalism is not a huge amount, right, No, 75 00:04:56,680 --> 00:05:00,560 Speaker 1: not at all, But in the early two thousand's rocking 76 00:05:00,600 --> 00:05:03,279 Speaker 1: twenty eight million dollars to get a few companies off 77 00:05:03,279 --> 00:05:06,520 Speaker 1: the ground that then become your base, right, that then 78 00:05:06,640 --> 00:05:11,159 Speaker 1: expand out maybe acquire other companies. It's you can see why, 79 00:05:11,200 --> 00:05:13,839 Speaker 1: that's really all you need. And it's interesting stuff too. 80 00:05:14,040 --> 00:05:17,760 Speaker 1: The people that have been in charge of i q 81 00:05:17,960 --> 00:05:20,760 Speaker 1: T or in q tel Um or the people who 82 00:05:20,880 --> 00:05:24,400 Speaker 1: end up on the board of trustees and other high 83 00:05:24,440 --> 00:05:28,560 Speaker 1: positions in the company are fascinating because they are names 84 00:05:28,600 --> 00:05:31,640 Speaker 1: that you likely have heard of before, and some names 85 00:05:31,640 --> 00:05:35,440 Speaker 1: that you probably have never heard of before, like Norm Augustine. 86 00:05:35,720 --> 00:05:40,520 Speaker 1: You ever heard of Norm Augustine Norman perhaps, um, he was. 87 00:05:40,680 --> 00:05:43,840 Speaker 1: He was the CEO of lockeed Martin at one time. 88 00:05:45,040 --> 00:05:47,960 Speaker 1: And you know this guy ran the show at in 89 00:05:48,080 --> 00:05:51,120 Speaker 1: q Tel at least early on, and then over time 90 00:05:51,880 --> 00:05:55,560 Speaker 1: people have come through from all different parts of the government, 91 00:05:55,640 --> 00:05:59,560 Speaker 1: including the heads of CIA, the former heads of CIA. 92 00:06:00,040 --> 00:06:03,039 Speaker 1: It's it's classified as a bank, correct And does that 93 00:06:03,120 --> 00:06:07,719 Speaker 1: mean that it finances other CIA initiatives or is it 94 00:06:07,760 --> 00:06:12,159 Speaker 1: exclusively for lending like and for financing you know, venture 95 00:06:12,160 --> 00:06:17,240 Speaker 1: capital startups. Yeah, it's well technically it's it's purely a 96 00:06:17,440 --> 00:06:22,719 Speaker 1: venture capital firm. And it is unlike a lot of 97 00:06:22,760 --> 00:06:27,000 Speaker 1: other venture capital firms. Uh, it's not. It's not really 98 00:06:27,040 --> 00:06:30,640 Speaker 1: concerned with a lot of stuff that other businesses would 99 00:06:31,640 --> 00:06:36,080 Speaker 1: I would think about. It exists entirely because of a 100 00:06:36,080 --> 00:06:39,520 Speaker 1: guy named ruth A. David Back in the nineties. He 101 00:06:39,600 --> 00:06:44,360 Speaker 1: ran the CIA's Directorate of Science and Technology, and he was, um, 102 00:06:44,400 --> 00:06:48,880 Speaker 1: he was evangelical. He was championing the importance of cutting 103 00:06:48,960 --> 00:06:55,400 Speaker 1: edge tech for the CIA, especially information technology, cryptography, things 104 00:06:55,440 --> 00:07:00,120 Speaker 1: like that. And you needed you needed to have that 105 00:07:00,400 --> 00:07:05,480 Speaker 1: evangelical figure, right too, because somebody had to see essentially 106 00:07:05,520 --> 00:07:09,560 Speaker 1: the future in that this all these various emerging technologies 107 00:07:10,120 --> 00:07:12,160 Speaker 1: we're going to hold they were going to be the 108 00:07:12,200 --> 00:07:16,320 Speaker 1: advantage that someone was going to have over everyone else. Right, 109 00:07:16,920 --> 00:07:22,160 Speaker 1: and we're talking the nineties, So that's back, that's like, 110 00:07:22,240 --> 00:07:24,240 Speaker 1: what are cutting edge Well, I don't even know what 111 00:07:24,440 --> 00:07:26,960 Speaker 1: the CIA is cutting edge technology in the nineties. Was 112 00:07:30,760 --> 00:07:36,080 Speaker 1: those are those are the two technologies? Yes, but but 113 00:07:36,160 --> 00:07:39,320 Speaker 1: you can see how maybe a large government entity wouldn't 114 00:07:39,320 --> 00:07:41,880 Speaker 1: necessarily want to be able to pivot really quickly and 115 00:07:41,920 --> 00:07:44,920 Speaker 1: to you know, take in new technologies and and incorporate 116 00:07:44,960 --> 00:07:48,520 Speaker 1: them into their systems because it would be difficult. But 117 00:07:48,600 --> 00:07:51,560 Speaker 1: you needed my only all this is to say, you 118 00:07:51,600 --> 00:07:55,360 Speaker 1: needed somebody that evangelical about it to really push forward. No, 119 00:07:55,520 --> 00:07:57,600 Speaker 1: it makes perfect sense, no, I mean, and and so 120 00:07:57,720 --> 00:08:00,440 Speaker 1: we always talk about how the technology that we as 121 00:08:00,480 --> 00:08:03,840 Speaker 1: consumers or as civilians are aware of lags far behind 122 00:08:03,840 --> 00:08:06,480 Speaker 1: of the technology that's actually available. So you gotta wonder 123 00:08:06,520 --> 00:08:08,640 Speaker 1: if like some of this was maybe to get a 124 00:08:08,720 --> 00:08:11,320 Speaker 1: leg up on some of that secret tech, you know, 125 00:08:11,360 --> 00:08:13,120 Speaker 1: because I mean, I wonder we'll get into it. But 126 00:08:13,240 --> 00:08:16,120 Speaker 1: some of these deals are not for like public consumption. Right, 127 00:08:16,200 --> 00:08:20,080 Speaker 1: This isn't all just them being benevolent donor or benevolent 128 00:08:20,240 --> 00:08:23,280 Speaker 1: you know, angel investor. I mean, this is stuff that's 129 00:08:23,320 --> 00:08:27,360 Speaker 1: meant to benefit the CIA's mission of like protecting you know, 130 00:08:28,200 --> 00:08:32,360 Speaker 1: national security. Right, absolutely, Yeah, they needed a profit. A 131 00:08:32,440 --> 00:08:36,000 Speaker 1: profit was came in the form of David And I 132 00:08:36,040 --> 00:08:38,319 Speaker 1: want to go back to a point we just raised earlier, 133 00:08:38,360 --> 00:08:45,120 Speaker 1: which is, uh, the strangely connected world of high level execs. 134 00:08:45,559 --> 00:08:48,280 Speaker 1: This is something that people don't talk about all the time. 135 00:08:48,320 --> 00:08:52,280 Speaker 1: But the the guy you mentioned, Matt norm Augustine, he 136 00:08:52,400 --> 00:08:55,880 Speaker 1: was recruited by George Tennant And you said something really 137 00:08:55,960 --> 00:09:01,520 Speaker 1: interesting when we talked about the various people associated with 138 00:09:01,520 --> 00:09:05,880 Speaker 1: this organization over the years. At after a certain threshold 139 00:09:06,040 --> 00:09:11,120 Speaker 1: of success in the corporate world, it starts to feel 140 00:09:11,120 --> 00:09:15,040 Speaker 1: like everybody knows each other, you know, and and there 141 00:09:15,080 --> 00:09:19,839 Speaker 1: are it's almost, um, well, it's normalized. It's considered a 142 00:09:19,880 --> 00:09:25,640 Speaker 1: standard strategy for a CEO to make a name for 143 00:09:25,679 --> 00:09:28,959 Speaker 1: themselves going from company to company. Right, So there's nothing 144 00:09:29,080 --> 00:09:31,520 Speaker 1: unusual about it. But it might but it might seem 145 00:09:31,600 --> 00:09:37,640 Speaker 1: strange to the majority of people hearing this episode today 146 00:09:37,760 --> 00:09:41,240 Speaker 1: because for a lot of us growing up, you know, 147 00:09:41,320 --> 00:09:45,000 Speaker 1: you're taught the dream is to have one single career, right, 148 00:09:45,240 --> 00:09:48,720 Speaker 1: That's that's the American dream. That's not how it actually 149 00:09:48,720 --> 00:09:51,440 Speaker 1: works at the top. That's it's very rare for that 150 00:09:51,480 --> 00:09:54,480 Speaker 1: to happen anyway. So there are people with all these 151 00:09:54,520 --> 00:09:58,880 Speaker 1: different interests and um, no, with your question, you're you're 152 00:09:58,960 --> 00:10:04,600 Speaker 1: hitting on some of the things that make this company unique. Uh. 153 00:10:04,600 --> 00:10:07,920 Speaker 1: They focus on three areas of research. They don't care 154 00:10:08,280 --> 00:10:11,480 Speaker 1: about having a super diverse portfolio. They want to learn 155 00:10:11,559 --> 00:10:16,320 Speaker 1: more about software, infrastructure, and material sciences, three very very 156 00:10:16,400 --> 00:10:20,280 Speaker 1: broad things. And they have been pumping money into some 157 00:10:20,360 --> 00:10:24,839 Speaker 1: of Silicon Valley's most innovative, cutting edge companies ever since 158 00:10:24,840 --> 00:10:27,480 Speaker 1: the nineties. They're doing it now as we record there 159 00:10:27,520 --> 00:10:30,480 Speaker 1: at work too and there and their their work is 160 00:10:30,559 --> 00:10:33,920 Speaker 1: just um, I don't know. I don't think it's weirder 161 00:10:33,920 --> 00:10:37,839 Speaker 1: than ours. Maybe a little bit dangerous. Yeah, And if 162 00:10:37,840 --> 00:10:40,120 Speaker 1: you want to follow along, as Ben said, they exist 163 00:10:40,280 --> 00:10:44,480 Speaker 1: right now, head on over to i q T dot org. 164 00:10:44,679 --> 00:10:48,719 Speaker 1: While you're listening to this episode. Just scroll around and 165 00:10:48,960 --> 00:10:50,960 Speaker 1: you you'll see some of the stuff we're gonna mention 166 00:10:51,280 --> 00:10:53,640 Speaker 1: later on in this episode, and you'll see some stuff 167 00:10:53,640 --> 00:10:57,880 Speaker 1: we we won't have time to mention as well. Yeah, 168 00:10:58,000 --> 00:11:01,880 Speaker 1: let's talk about what makes them unique. Technically, they are 169 00:11:01,920 --> 00:11:06,880 Speaker 1: a not for profit venture capital firm, which means it's 170 00:11:07,000 --> 00:11:10,520 Speaker 1: okay if they don't make money, but if you're concerned, 171 00:11:10,720 --> 00:11:14,400 Speaker 1: don't worry. I promise they are fine. Financially, they are 172 00:11:14,840 --> 00:11:19,640 Speaker 1: doing well. Uh. And they because they focus solely on 173 00:11:19,760 --> 00:11:22,280 Speaker 1: tech that could be useful in the realm of national 174 00:11:22,320 --> 00:11:28,400 Speaker 1: security very broadly defined. Uh. There, they're not concerned with diversity. 175 00:11:28,600 --> 00:11:31,560 Speaker 1: They don't have a bunch of investors that they're on 176 00:11:31,600 --> 00:11:34,560 Speaker 1: the hook with when it's time for like the annual 177 00:11:34,760 --> 00:11:41,559 Speaker 1: shareholder meeting. And they're also openly active. Like it might 178 00:11:41,600 --> 00:11:46,280 Speaker 1: surprise people who know what the average American knows about 179 00:11:46,280 --> 00:11:48,559 Speaker 1: the CIA, it might surprise you to one of the 180 00:11:48,600 --> 00:11:53,240 Speaker 1: world's most famous, slash infamous intelligence agencies is pretty open 181 00:11:53,679 --> 00:11:57,280 Speaker 1: about this operation. Like Matt said, Uh, they kudos to 182 00:11:57,320 --> 00:12:01,280 Speaker 1: them for their transparency on their website. They also are successful, 183 00:12:01,400 --> 00:12:03,800 Speaker 1: as we record this, they have a track record of 184 00:12:03,960 --> 00:12:08,320 Speaker 1: bringing in like significantly more cash than your guard variety 185 00:12:08,400 --> 00:12:12,599 Speaker 1: venture capital firm. For every for every single dollar the 186 00:12:12,760 --> 00:12:17,440 Speaker 1: CIA gives or funnels through i q T in q Tel, 187 00:12:18,400 --> 00:12:22,720 Speaker 1: that company delivers another eleven to fifteen dollars in value, 188 00:12:23,160 --> 00:12:26,240 Speaker 1: which is nuts. That's like, that kind of return is 189 00:12:26,720 --> 00:12:31,280 Speaker 1: pretty impressive, But we don't know many more details about 190 00:12:31,320 --> 00:12:34,360 Speaker 1: it because they don't tell you how much they invest. Uh. 191 00:12:34,480 --> 00:12:37,880 Speaker 1: There was one Washington Post story back in two thousand 192 00:12:37,960 --> 00:12:42,480 Speaker 1: five that said their typical investment in a company is 193 00:12:42,520 --> 00:12:47,040 Speaker 1: somewhere between five grand to two million. But how many 194 00:12:47,080 --> 00:12:50,040 Speaker 1: companies are they talking to, how are they growing? How 195 00:12:50,040 --> 00:12:53,839 Speaker 1: did Silicon Valley handle this? It's an interesting story. Oh, 196 00:12:53,920 --> 00:12:57,240 Speaker 1: it's really interesting. And when you think about those lower numbers, 197 00:12:58,240 --> 00:13:00,560 Speaker 1: think about it this way. If you were going to 198 00:13:00,600 --> 00:13:04,119 Speaker 1: make an investment in a company that is already fairly large, 199 00:13:04,240 --> 00:13:07,800 Speaker 1: that is already fairly well known, you know that kind 200 00:13:07,800 --> 00:13:10,000 Speaker 1: of investment is going to have to be big. But 201 00:13:10,040 --> 00:13:14,800 Speaker 1: if you're investing in an individual that has some promising 202 00:13:14,920 --> 00:13:18,040 Speaker 1: you know, algorithm going on, a small group of people 203 00:13:18,160 --> 00:13:21,520 Speaker 1: that are working on a piece of software, or you 204 00:13:21,520 --> 00:13:25,800 Speaker 1: know something in the materials science or like hardware side, 205 00:13:25,840 --> 00:13:27,400 Speaker 1: I mean you would only need a little bit of 206 00:13:27,400 --> 00:13:31,240 Speaker 1: money to push forward whatever whatever is occurring and on 207 00:13:31,240 --> 00:13:34,679 Speaker 1: that innovative stage that they're playing in. It just you 208 00:13:34,720 --> 00:13:36,280 Speaker 1: can think about it that way, and especially if you 209 00:13:36,280 --> 00:13:39,680 Speaker 1: think about in two thousand five those numbers, Like, how 210 00:13:39,679 --> 00:13:42,560 Speaker 1: that changes. Yeah, that's a really good point. You know. 211 00:13:43,200 --> 00:13:46,679 Speaker 1: Originally Silicon Valley was a little bit skeptical about this, 212 00:13:47,640 --> 00:13:51,640 Speaker 1: but they change their tune quickly when civilian firms and 213 00:13:51,720 --> 00:13:57,920 Speaker 1: startups realize that i q T is different from the 214 00:13:57,960 --> 00:14:01,520 Speaker 1: other folks they've been dealing with. The ease Angel investors 215 00:14:01,760 --> 00:14:05,760 Speaker 1: have a direct line to the halls of power, and 216 00:14:05,840 --> 00:14:09,120 Speaker 1: they have the keys to a massive budget. If they like, 217 00:14:09,360 --> 00:14:11,480 Speaker 1: you know, if they like what you're spitting, they can 218 00:14:11,520 --> 00:14:15,000 Speaker 1: they can buy whatever beat you want. And and they 219 00:14:15,040 --> 00:14:17,800 Speaker 1: get a lot of pitches, like a crazy amount of pitches. 220 00:14:18,880 --> 00:14:21,480 Speaker 1: Once people figured out they were legit and they were 221 00:14:21,520 --> 00:14:25,440 Speaker 1: paying you would in real cash, they were clamoring at 222 00:14:25,440 --> 00:14:28,560 Speaker 1: the door. One former CEO of i q T, a 223 00:14:28,560 --> 00:14:33,720 Speaker 1: guy named Gilman Louis, said the company hears from a 224 00:14:33,720 --> 00:14:38,480 Speaker 1: wide gamut of ideas and inventors, and he noted he 225 00:14:38,480 --> 00:14:41,520 Speaker 1: he noted something that I didn't really think about. He said, Yeah, 226 00:14:41,600 --> 00:14:46,200 Speaker 1: you know, people pitches pretty powerful technologies and some pretty 227 00:14:46,200 --> 00:14:49,520 Speaker 1: off the wall technologies, and those are a favorite. Those 228 00:14:49,520 --> 00:14:52,440 Speaker 1: are the ones that go deep into the lower depths 229 00:14:52,440 --> 00:14:56,920 Speaker 1: of our building in Arlington Virginia. Yeah, oh yeah, and 230 00:14:57,080 --> 00:15:00,480 Speaker 1: i q T is registered in Virginia. Obviously we should 231 00:15:00,480 --> 00:15:03,680 Speaker 1: point that out. They have allegedly an office in this 232 00:15:03,760 --> 00:15:06,680 Speaker 1: large building that also has a Primrose school. I think 233 00:15:06,760 --> 00:15:08,640 Speaker 1: I think that's what it was. Uh. And it's right 234 00:15:08,680 --> 00:15:11,640 Speaker 1: across right across the river there from Washington, d C. 235 00:15:12,040 --> 00:15:16,200 Speaker 1: But do they have a subway? Take that Pentagon still 236 00:15:16,240 --> 00:15:19,880 Speaker 1: got it? Actually think the Pentagon closed their subway, which 237 00:15:19,920 --> 00:15:23,280 Speaker 1: is a shame. Never made it, never made it there anyway. 238 00:15:23,320 --> 00:15:27,520 Speaker 1: Louis has something interesting to say when he's talking about 239 00:15:27,520 --> 00:15:31,720 Speaker 1: off the wall technologies, and this again, this is a 240 00:15:31,760 --> 00:15:34,760 Speaker 1: real life quote from him, just to get you a 241 00:15:34,800 --> 00:15:37,200 Speaker 1: set give you a sense of the weird stuff they 242 00:15:37,240 --> 00:15:40,440 Speaker 1: hear every week. Louis says, the two percent of our 243 00:15:40,480 --> 00:15:44,280 Speaker 1: submissions fall into the second category. We got a lot 244 00:15:44,320 --> 00:15:48,560 Speaker 1: of perpetual motion submissions or the for sure you can 245 00:15:48,600 --> 00:15:50,720 Speaker 1: see that, or the ability to talk to anyone in 246 00:15:50,760 --> 00:15:54,040 Speaker 1: the world with zero latency. Um, we keep them in 247 00:15:54,160 --> 00:15:57,600 Speaker 1: a best of collection. Whenever things are going bad, we 248 00:15:57,680 --> 00:15:59,720 Speaker 1: call them up from the Internet for a laugh before 249 00:15:59,720 --> 00:16:05,120 Speaker 1: we go back to work. So endearing it is. Yeah, 250 00:16:05,160 --> 00:16:09,680 Speaker 1: you remember that perpetual motion machine, Remember that water powered 251 00:16:09,760 --> 00:16:15,120 Speaker 1: vehicle idea. Just remember cold Fusion? Am I right? Hey, 252 00:16:15,160 --> 00:16:18,320 Speaker 1: I like it. It's like I can picture a sitcom 253 00:16:18,560 --> 00:16:21,720 Speaker 1: vibe almost. You know, it's like, hey, blah blah blah 254 00:16:21,760 --> 00:16:24,640 Speaker 1: is really depressed. You know, the divorce has been hard 255 00:16:24,720 --> 00:16:27,600 Speaker 1: on him or her. I think somebody needs to get 256 00:16:27,640 --> 00:16:31,000 Speaker 1: some quality time with the best of collection A million percent? 257 00:16:31,200 --> 00:16:32,760 Speaker 1: Is this funny? We all, all three of us, you 258 00:16:32,760 --> 00:16:35,320 Speaker 1: know here, pitches for podcasts every now and then. I'm 259 00:16:35,320 --> 00:16:38,080 Speaker 1: sure each one of us could list like there are 260 00:16:38,120 --> 00:16:41,640 Speaker 1: three versions of these three things for like pitches for 261 00:16:41,680 --> 00:16:45,960 Speaker 1: the CIA venture capital startup funds. Um Mine is always 262 00:16:46,000 --> 00:16:50,920 Speaker 1: like a celebrity driven um music like what's you? What's 263 00:16:50,960 --> 00:16:55,760 Speaker 1: your favorite song? Podcasts you know, like insert celebrity name 264 00:16:55,800 --> 00:16:58,800 Speaker 1: here or non celebrity. But everyone always thinks that they're 265 00:16:58,840 --> 00:17:01,120 Speaker 1: the first one to come up with that idea. It's tough, yeah, 266 00:17:01,160 --> 00:17:04,000 Speaker 1: it can. It can be tough to be first to 267 00:17:04,240 --> 00:17:07,320 Speaker 1: the plate with an idea right of any sort. And 268 00:17:08,520 --> 00:17:12,280 Speaker 1: and you're right that that's not an unfair comparison the differences. 269 00:17:12,840 --> 00:17:16,640 Speaker 1: When we hear a podcast pitch, it's usually not directly 270 00:17:16,680 --> 00:17:19,960 Speaker 1: affecting national security. It's so weird that I have to say, 271 00:17:20,000 --> 00:17:25,600 Speaker 1: it's usually not occasionally occasionally occasionally. Then I want to 272 00:17:25,640 --> 00:17:28,520 Speaker 1: go back to Louis and I want you to please 273 00:17:28,600 --> 00:17:31,200 Speaker 1: do we have a quote from him about anything really 274 00:17:31,240 --> 00:17:34,840 Speaker 1: weird that they heard, like describing a perpetual motion machine 275 00:17:34,920 --> 00:17:38,399 Speaker 1: or something. Oh, well, that's the thing. They can be 276 00:17:38,440 --> 00:17:43,440 Speaker 1: a little bit squirrel e or cag about the specific details, 277 00:17:43,480 --> 00:17:47,879 Speaker 1: but he does. He does, in an interview, relate the 278 00:17:47,960 --> 00:17:52,280 Speaker 1: story of the goofiest pitch he ever heard. His words. Okay, 279 00:17:52,359 --> 00:17:55,639 Speaker 1: he said, somebody calls claiming he had the ability to 280 00:17:55,680 --> 00:17:59,120 Speaker 1: put any idea into anyone's mind, but it was so 281 00:17:59,240 --> 00:18:02,159 Speaker 1: secret he was afraid to say over the telephone what 282 00:18:02,240 --> 00:18:05,200 Speaker 1: it was. So we said, why don't you just beat 283 00:18:05,320 --> 00:18:09,440 Speaker 1: it into our brains? We never heard back. So I 284 00:18:09,800 --> 00:18:13,399 Speaker 1: think that's like, I think it's important for us to 285 00:18:13,440 --> 00:18:16,280 Speaker 1: talk about this because, you know, we do have this 286 00:18:16,400 --> 00:18:20,400 Speaker 1: sort of evil empire stereotype of the CIA and all 287 00:18:20,440 --> 00:18:23,199 Speaker 1: the things associated with it. And I would argue that 288 00:18:23,280 --> 00:18:27,960 Speaker 1: stereotype is very much based in truth. But these folks 289 00:18:28,080 --> 00:18:33,520 Speaker 1: are these folks are a different kind of professional, you know, 290 00:18:33,680 --> 00:18:37,040 Speaker 1: and they're and they're having they're having the shark take moment, 291 00:18:37,119 --> 00:18:40,320 Speaker 1: which is cool and that's a funny anecdote, and it 292 00:18:40,359 --> 00:18:42,480 Speaker 1: gives us a sense of just how weird things can 293 00:18:42,480 --> 00:18:45,520 Speaker 1: get at i q T. But not many people see 294 00:18:45,560 --> 00:18:48,239 Speaker 1: it as a laughing matter, because again, we're talking a 295 00:18:48,320 --> 00:18:55,720 Speaker 1: huge amount of cash and immensely powerful, possibly dangerous technology. 296 00:18:55,840 --> 00:18:59,760 Speaker 1: Right because those the crackpot ideas, or what Louis seems 297 00:18:59,800 --> 00:19:03,439 Speaker 1: to believe, or the crackpot ideas, only comprise about two 298 00:19:03,800 --> 00:19:06,920 Speaker 1: of all the pitches they get. It's the other ent 299 00:19:07,040 --> 00:19:10,560 Speaker 1: you need to be concerned about. And that's why so 300 00:19:10,600 --> 00:19:13,600 Speaker 1: many people in the US and around the world are 301 00:19:13,600 --> 00:19:18,800 Speaker 1: asking what is the CIA actually doing through in q tel. 302 00:19:19,480 --> 00:19:29,119 Speaker 1: We'll tell you afterward from our sponsor and we're back now. 303 00:19:29,240 --> 00:19:32,119 Speaker 1: Before we continue on, I want you to do something. 304 00:19:32,480 --> 00:19:35,920 Speaker 1: If you're not driving, and you can do this, head 305 00:19:35,960 --> 00:19:38,920 Speaker 1: on over to YouTube and search for i q T. 306 00:19:39,480 --> 00:19:42,000 Speaker 1: We're in q tel. It's got dashes in between. So 307 00:19:42,119 --> 00:19:46,840 Speaker 1: in dash q dashtel, find their YouTube channel, look up, 308 00:19:46,880 --> 00:19:49,760 Speaker 1: look it up. Then know that on that channel there's 309 00:19:49,760 --> 00:19:53,840 Speaker 1: an unlisted video titled i q T Celebrates twenty years 310 00:19:53,840 --> 00:19:56,320 Speaker 1: of Innovation. Then you can find it through their website. 311 00:19:56,960 --> 00:20:00,199 Speaker 1: Check out that video, watch it. Before we we go 312 00:20:00,240 --> 00:20:03,359 Speaker 1: into this because it's just gonna it's gonna give you 313 00:20:03,440 --> 00:20:07,359 Speaker 1: a corporate speak version of like what we're about to 314 00:20:07,400 --> 00:20:11,000 Speaker 1: tell you in their own words, it's worth it. Can 315 00:20:11,000 --> 00:20:13,400 Speaker 1: we play a clip from it? Maybe? I guess so, yeah, 316 00:20:13,480 --> 00:20:16,120 Speaker 1: I mean, I just think it's worth it did get 317 00:20:16,119 --> 00:20:18,040 Speaker 1: a sense because we were talking about it off air, 318 00:20:18,280 --> 00:20:21,399 Speaker 1: and it's like Matt and Matt and Paul and I 319 00:20:21,480 --> 00:20:24,760 Speaker 1: have all worked in corporate video editing stuff in the past, 320 00:20:24,800 --> 00:20:27,959 Speaker 1: and I just remember editing together videos like this for 321 00:20:28,240 --> 00:20:32,000 Speaker 1: various organizations or you know, brands or whatever, and it 322 00:20:32,080 --> 00:20:34,440 Speaker 1: all uses the same. Like there was this period when 323 00:20:34,520 --> 00:20:36,919 Speaker 1: Apple put out Final Cut Pro and it came with 324 00:20:36,960 --> 00:20:40,600 Speaker 1: this like multidisc set of like free use music, and 325 00:20:40,800 --> 00:20:42,439 Speaker 1: you hear it all the time. You hear it in 326 00:20:42,480 --> 00:20:44,840 Speaker 1: local TV commercials. It's like people still have these disc 327 00:20:44,920 --> 00:20:48,760 Speaker 1: laying around and this rings of that for short to me, Yeah, sure. 328 00:20:48,920 --> 00:20:50,680 Speaker 1: And if we're gonna play a clip, let's play a 329 00:20:50,760 --> 00:20:55,320 Speaker 1: quick statement from both Chris Darby, who's the president and CEO. 330 00:20:55,760 --> 00:20:59,080 Speaker 1: He will hear him first, and then Steve Boucher, who's 331 00:20:59,119 --> 00:21:06,000 Speaker 1: managing general old partner at least as well. I think 332 00:21:06,040 --> 00:21:08,239 Speaker 1: inc You Tell is the only vehicle that sits at 333 00:21:08,280 --> 00:21:12,200 Speaker 1: the intersection set of government venture capital in the startup community. 334 00:21:12,359 --> 00:21:15,040 Speaker 1: Sitting at the intersection of these two worlds that don't 335 00:21:15,040 --> 00:21:17,080 Speaker 1: talk to each other and don't really understand each other, 336 00:21:17,240 --> 00:21:19,600 Speaker 1: and being trusted by both of them. That's really the 337 00:21:19,640 --> 00:21:25,000 Speaker 1: secret sauce of ink tel. So those statements sound fine, 338 00:21:25,320 --> 00:21:30,240 Speaker 1: you know, shiny utopian intersection secret sauce, all the all 339 00:21:30,280 --> 00:21:34,600 Speaker 1: the good ones, but it doesn't answer the question from 340 00:21:34,640 --> 00:21:38,400 Speaker 1: before the break. So to reiterate, what is the CIA 341 00:21:38,680 --> 00:21:44,200 Speaker 1: actually doing through in q tel, Here's where it gets crazy. 342 00:21:44,480 --> 00:21:48,280 Speaker 1: You might not have heard of in q tel before today, 343 00:21:48,600 --> 00:21:51,080 Speaker 1: and that's fine, you know, it's not a top secret thing, 344 00:21:51,119 --> 00:21:53,760 Speaker 1: but it is sort of obscure unless you live in 345 00:21:53,800 --> 00:21:57,520 Speaker 1: one of these venture capital tech startup worlds. But whether 346 00:21:57,600 --> 00:22:00,160 Speaker 1: or not you've heard of them, it is highly likely 347 00:22:00,240 --> 00:22:02,760 Speaker 1: that if you have used some of the tech that 348 00:22:02,840 --> 00:22:06,160 Speaker 1: they have funded, you might already be familiar with their 349 00:22:06,240 --> 00:22:11,080 Speaker 1: mapping technology. I q T back in the day invested 350 00:22:11,119 --> 00:22:17,960 Speaker 1: in something called key Hole incorporated key Holdness. You remember this, Yeah, yeah, 351 00:22:18,040 --> 00:22:21,560 Speaker 1: yeah it was. It was later acquired Keyhole that is, 352 00:22:21,600 --> 00:22:25,440 Speaker 1: by Google, by Big G itself in two thousand and four, 353 00:22:25,600 --> 00:22:29,520 Speaker 1: and today you know i q t s investment as 354 00:22:29,720 --> 00:22:32,919 Speaker 1: Google Earth. That's the one. I remember this from my 355 00:22:33,040 --> 00:22:36,800 Speaker 1: days producing Jonathan Strickland's show Tech Stuff, and he talked 356 00:22:36,800 --> 00:22:40,560 Speaker 1: about Keyhole and that whole kind of development into what 357 00:22:40,600 --> 00:22:43,040 Speaker 1: we now know as Google Earth. That's why I rang about. 358 00:22:43,200 --> 00:22:46,960 Speaker 1: Do you guys remember what key Hole actually refers to 359 00:22:47,520 --> 00:22:52,440 Speaker 1: the satellite system, the spy satellite system. Yeah, and that's 360 00:22:52,840 --> 00:22:56,159 Speaker 1: what that That is true, folks. Matt is correct. And 361 00:22:56,200 --> 00:23:04,200 Speaker 1: what's fascinating about the Keyhole satellite oper rations is I'm 362 00:23:04,240 --> 00:23:06,879 Speaker 1: still I'm still so surprised, and I have to admit 363 00:23:06,960 --> 00:23:11,800 Speaker 1: objectively impressed by how that worked. They were using satellites 364 00:23:12,280 --> 00:23:16,800 Speaker 1: to take photographs from space of places where they couldn't, 365 00:23:16,880 --> 00:23:20,440 Speaker 1: you know, get a human spy or have a traditional 366 00:23:20,480 --> 00:23:26,520 Speaker 1: aircraft fly over. But the technology of the time when 367 00:23:26,720 --> 00:23:28,960 Speaker 1: key Hole in Corona were in play, the technology of 368 00:23:29,000 --> 00:23:32,680 Speaker 1: the time was not super advanced. They couldn't just remotely 369 00:23:33,960 --> 00:23:38,240 Speaker 1: send or electronically send these images. They had cameras on 370 00:23:38,240 --> 00:23:41,919 Speaker 1: the satellites. The cameras used film like actual roles of 371 00:23:42,000 --> 00:23:45,240 Speaker 1: film for anybody of a certain age might remember those. 372 00:23:45,600 --> 00:23:48,520 Speaker 1: And then they would just they would drop the canisters 373 00:23:49,000 --> 00:23:56,440 Speaker 1: from space. Who who was the hapless, incredibly intelligent person 374 00:23:56,480 --> 00:23:59,840 Speaker 1: who had to go out and figure find those film canisters, 375 00:24:00,760 --> 00:24:04,960 Speaker 1: Like how how how accurate were they able to be? 376 00:24:05,119 --> 00:24:08,240 Speaker 1: Was it? Was it like, okay, beyond third and seventy 377 00:24:08,320 --> 00:24:11,760 Speaker 1: second at four pm and just hold your hand up 378 00:24:11,800 --> 00:24:14,880 Speaker 1: to the sky, or is it like somewhere in Utah? 379 00:24:15,080 --> 00:24:18,160 Speaker 1: What are you doing this weekend? We think it's somewhere 380 00:24:18,520 --> 00:24:21,240 Speaker 1: on the left side of Utah And then they say, 381 00:24:21,280 --> 00:24:24,399 Speaker 1: do you mean the western side? And they go, I 382 00:24:24,440 --> 00:24:27,959 Speaker 1: don't know. It's four thirty, man, it's a Friday. Just 383 00:24:27,960 --> 00:24:31,880 Speaker 1: just get the bill. Yeah, but you're right, you're right. 384 00:24:31,920 --> 00:24:35,600 Speaker 1: So Keel's Google Earth. That's only one example. Can we 385 00:24:35,640 --> 00:24:37,840 Speaker 1: just jump to a quick little more information on that, 386 00:24:37,880 --> 00:24:40,159 Speaker 1: just because it is so fascinating and it's a great 387 00:24:40,480 --> 00:24:43,879 Speaker 1: that's a great entry point for you if you're interested 388 00:24:43,960 --> 00:24:47,400 Speaker 1: in learning more about this, Like go down the keyhole 389 00:24:47,680 --> 00:24:52,040 Speaker 1: in q tel google uh rabbit hole and you can 390 00:24:52,200 --> 00:24:55,960 Speaker 1: really start there and start to see other things. Um. 391 00:24:56,160 --> 00:24:59,960 Speaker 1: There's a Guardian article titled Google's Earth, How the tech 392 00:25:00,080 --> 00:25:02,720 Speaker 1: giant is helping the State spy on us. It was 393 00:25:02,720 --> 00:25:07,240 Speaker 1: written in and if you look through there it describes 394 00:25:08,200 --> 00:25:11,040 Speaker 1: the I think it was The investment was finalized in 395 00:25:11,119 --> 00:25:14,720 Speaker 1: two thousand three, according to this article, and it was 396 00:25:14,760 --> 00:25:20,879 Speaker 1: made in partnership with the National Geospatial Intelligence Agency that 397 00:25:21,040 --> 00:25:24,720 Speaker 1: is one of the intelligence agencies or the apparatus that 398 00:25:24,760 --> 00:25:28,959 Speaker 1: the United States has, and their job was to deliver 399 00:25:29,080 --> 00:25:33,200 Speaker 1: satellite based intelligence to the CIA and the Pentagon. And 400 00:25:34,640 --> 00:25:39,200 Speaker 1: essentially they incorporated this new company, Keyhole, in the software 401 00:25:39,280 --> 00:25:43,000 Speaker 1: they were creating this version of Earth, this virtual Earth, 402 00:25:44,320 --> 00:25:47,359 Speaker 1: and we're able to use it for their needs. Um. 403 00:25:47,440 --> 00:25:49,919 Speaker 1: And then of course Google comes along and makes it 404 00:25:50,000 --> 00:25:52,920 Speaker 1: public facing. Uh. And there's a whole other story we 405 00:25:52,960 --> 00:25:57,160 Speaker 1: could get into their about data collection and why Google 406 00:25:57,200 --> 00:26:00,160 Speaker 1: may want to have something like that, but we don't 407 00:26:00,200 --> 00:26:02,919 Speaker 1: have to go into that now. Well, we're already a 408 00:26:02,960 --> 00:26:05,800 Speaker 1: part of that. Everybody listening is already a part of it, 409 00:26:05,840 --> 00:26:09,600 Speaker 1: even if you've never touched Google somehow did I'm sorry? 410 00:26:09,600 --> 00:26:13,280 Speaker 1: Really quickly? Is the implication here that like Keyhole was 411 00:26:13,359 --> 00:26:16,600 Speaker 1: meant for something greater and then ultimately kind of got 412 00:26:16,640 --> 00:26:18,919 Speaker 1: co opted into something that has ultimately become kind of 413 00:26:18,920 --> 00:26:21,760 Speaker 1: an Internet parlor trick. Like, I mean, I know there's 414 00:26:21,800 --> 00:26:23,680 Speaker 1: there's uses for Google Earth, but at the end of 415 00:26:23,680 --> 00:26:26,800 Speaker 1: the day, people more use it for doing scavenger hunts 416 00:26:26,840 --> 00:26:29,280 Speaker 1: and marking it up for blogs and things like that 417 00:26:29,320 --> 00:26:32,640 Speaker 1: are sharing. It doesn't seem like what's it's intent initially 418 00:26:32,760 --> 00:26:35,560 Speaker 1: was using these high tech satellites. It's now become a 419 00:26:35,600 --> 00:26:37,879 Speaker 1: bit of a almost a gimmick. I'll tell you what 420 00:26:37,920 --> 00:26:40,679 Speaker 1: it was used for in the early two thousand's, around 421 00:26:40,680 --> 00:26:43,560 Speaker 1: two thousand three, because what happened around two thousand three 422 00:26:44,000 --> 00:26:47,119 Speaker 1: we invaded a rock. It was used as an intelligence, 423 00:26:47,240 --> 00:26:52,320 Speaker 1: an extra set of intelligence to monitor the movements around 424 00:26:52,359 --> 00:26:55,600 Speaker 1: certain bases in the rock, around you know, certain strategic 425 00:26:55,600 --> 00:26:58,800 Speaker 1: points in the rock. They were using keyhole to do that, 426 00:26:59,160 --> 00:27:02,200 Speaker 1: or the you know the that was keyhole. Again, this 427 00:27:02,320 --> 00:27:06,600 Speaker 1: is only one example we could do. It's a matter 428 00:27:06,600 --> 00:27:08,560 Speaker 1: of fact, I was thinking about it a few years ago, 429 00:27:08,920 --> 00:27:14,040 Speaker 1: doing just like a mini series, a limited podcast where 430 00:27:14,200 --> 00:27:19,440 Speaker 1: we just go episode by episode weird companies and their 431 00:27:19,480 --> 00:27:23,840 Speaker 1: government ties and how frequently it happens and how seldom 432 00:27:23,960 --> 00:27:28,639 Speaker 1: it is publicized or admitted. Right, And maybe maybe I 433 00:27:28,640 --> 00:27:30,480 Speaker 1: would always I'd love to do a stuff that wants, 434 00:27:30,480 --> 00:27:34,360 Speaker 1: you know, limited series on something cryptogy. We're we're interested, 435 00:27:34,480 --> 00:27:37,119 Speaker 1: let us let us know because we have tons of 436 00:27:37,160 --> 00:27:40,720 Speaker 1: free time. Sorry, sorry, you guys, let's jump back in here. 437 00:27:41,359 --> 00:27:44,840 Speaker 1: And it is true. You could make a series about 438 00:27:45,080 --> 00:27:49,679 Speaker 1: just this because they're you know, Google Earth is one 439 00:27:50,280 --> 00:27:53,720 Speaker 1: one successful example of some of a process that occurs 440 00:27:53,760 --> 00:27:56,879 Speaker 1: often and that I believe will accelerate in the future, 441 00:27:56,880 --> 00:27:59,640 Speaker 1: in the very near future. By the way, but now, 442 00:28:01,000 --> 00:28:04,400 Speaker 1: if in the year like from the early two thousands 443 00:28:04,440 --> 00:28:07,679 Speaker 1: to the current day, you will find no shortage of 444 00:28:07,760 --> 00:28:10,720 Speaker 1: rumors about i q T investment. And one of the 445 00:28:10,760 --> 00:28:13,920 Speaker 1: most popular claims is that i q T and therefore 446 00:28:14,200 --> 00:28:18,080 Speaker 1: the CIA had a big hidden hand in the creation 447 00:28:18,240 --> 00:28:24,639 Speaker 1: of Facebook. Right this is this is pretty interesting, but 448 00:28:24,760 --> 00:28:29,399 Speaker 1: the claim itself, unfortunately, the claim itself gets a little 449 00:28:29,400 --> 00:28:32,199 Speaker 1: bit tenuous when you dig into it, walk through this 450 00:28:32,320 --> 00:28:38,600 Speaker 1: really quickly. So the CIA has in q tel. Ink 451 00:28:38,760 --> 00:28:42,640 Speaker 1: Tel tries to you know, throw money at tech startups. 452 00:28:43,800 --> 00:28:47,239 Speaker 1: Ink Tel has a board of directors made up of 453 00:28:47,280 --> 00:28:52,240 Speaker 1: people who have experience in this field. It's first CEO 454 00:28:52,480 --> 00:28:57,120 Speaker 1: that we mentioned earlier. Gilman Louis used to once upon 455 00:28:57,160 --> 00:28:59,200 Speaker 1: a time serve on the board of a place called 456 00:28:59,200 --> 00:29:03,600 Speaker 1: the National ven Sure Capital Association. While he was on 457 00:29:03,680 --> 00:29:06,760 Speaker 1: that board, there was another guy on the board named 458 00:29:06,920 --> 00:29:13,440 Speaker 1: James Bryer, and he ran a capital firm called Excel Partners, 459 00:29:13,520 --> 00:29:16,000 Speaker 1: and they invested in a lot of stuff. One of 460 00:29:16,000 --> 00:29:19,880 Speaker 1: the companies they invested in was Facebook. So that's kind 461 00:29:19,880 --> 00:29:23,000 Speaker 1: of like a six degrees of Kevin Bacon association, you 462 00:29:23,000 --> 00:29:25,600 Speaker 1: know what I mean? Yeah, it is, it is. But 463 00:29:25,960 --> 00:29:27,880 Speaker 1: the one thing we do know and then we're going 464 00:29:27,920 --> 00:29:30,880 Speaker 1: to get into a little later here, is that in 465 00:29:31,000 --> 00:29:36,080 Speaker 1: Q tel is attempting to invest in anything that is 466 00:29:36,120 --> 00:29:40,760 Speaker 1: cutting edge, especially when it comes to data collection and analysis. 467 00:29:41,120 --> 00:29:44,120 Speaker 1: Oh yeah, like early two thousand's there would be there 468 00:29:44,160 --> 00:29:49,240 Speaker 1: was significant investment in imaging technologies. Uh, we'll and we'll, 469 00:29:49,280 --> 00:29:52,200 Speaker 1: we'll get into that. That led to some criticism for 470 00:29:52,240 --> 00:29:55,400 Speaker 1: them as well, which is kind of valid. But but 471 00:29:55,440 --> 00:29:59,360 Speaker 1: you're absolutely right. And it's weird because if we were 472 00:29:59,680 --> 00:30:03,080 Speaker 1: if if the five of us on the show today 473 00:30:03,200 --> 00:30:06,600 Speaker 1: you're listening at home, Matt Noel, Michigan Control, if we 474 00:30:06,600 --> 00:30:08,920 Speaker 1: were like a little start up and we're working on 475 00:30:09,000 --> 00:30:12,360 Speaker 1: something interesting related to this, like we found a faster 476 00:30:12,440 --> 00:30:16,720 Speaker 1: way to encrypto or decrypt things like that um or 477 00:30:16,760 --> 00:30:18,600 Speaker 1: you know, it's several years ago and we have been 478 00:30:18,680 --> 00:30:23,680 Speaker 1: in blockchain, then according to the Washington Post, we would 479 00:30:23,680 --> 00:30:25,760 Speaker 1: get a call from n Q tell they would cold 480 00:30:25,800 --> 00:30:29,320 Speaker 1: call us. Their fingers are in a ton of figurative pies. 481 00:30:29,760 --> 00:30:33,480 Speaker 1: The Washington Post says that quote virtually any US entrepreneur, 482 00:30:33,760 --> 00:30:37,680 Speaker 1: inventor or research scientists working on ways to analyze data 483 00:30:38,080 --> 00:30:40,640 Speaker 1: has probably received a phone call from in q TELL 484 00:30:41,120 --> 00:30:43,640 Speaker 1: or has at least been googled by its staff of 485 00:30:43,680 --> 00:30:47,240 Speaker 1: technology watchers. First off, that sounds like a cool job. 486 00:30:47,520 --> 00:30:50,120 Speaker 1: You just watch technology, you know, you just find out 487 00:30:50,120 --> 00:30:53,360 Speaker 1: what's new. We would do a bit of that. A 488 00:30:54,040 --> 00:30:57,480 Speaker 1: bit of that, Benber just makes me think of and 489 00:30:57,520 --> 00:30:59,680 Speaker 1: I forget what the exact name of the laws, but 490 00:31:00,200 --> 00:31:04,320 Speaker 1: you know how the government can basically take your patent 491 00:31:04,400 --> 00:31:07,720 Speaker 1: away from you if it's something that's threatening to national security. 492 00:31:08,200 --> 00:31:10,320 Speaker 1: Is this sort of in that zone. Is it's not 493 00:31:10,360 --> 00:31:12,240 Speaker 1: like we'll take your patent away, but you gotta do 494 00:31:12,280 --> 00:31:16,240 Speaker 1: this thing for us. Is that, well, it's press you. 495 00:31:16,240 --> 00:31:19,160 Speaker 1: You're you're touching on something we do need to explore, 496 00:31:19,240 --> 00:31:23,880 Speaker 1: which would be the criticisms. So there's no it should 497 00:31:24,160 --> 00:31:26,640 Speaker 1: be no surprise to anyone that the CIA and i 498 00:31:26,720 --> 00:31:29,960 Speaker 1: q T have their fair share of critics. We can 499 00:31:30,080 --> 00:31:33,600 Speaker 1: we can walk through some of this and we'll get 500 00:31:33,600 --> 00:31:38,760 Speaker 1: to the law you mentioned here. So i q t 501 00:31:39,080 --> 00:31:43,880 Speaker 1: s explanation of their organizational set up and their partnership 502 00:31:43,920 --> 00:31:47,959 Speaker 1: with the CIA. It seems contradictory to some people because 503 00:31:48,040 --> 00:31:53,800 Speaker 1: they it's almost a sugar daddy situation because they say, 504 00:31:53,920 --> 00:31:58,000 Speaker 1: you know, i q T officials employees say, Okay, yes, 505 00:31:58,640 --> 00:32:03,840 Speaker 1: the CIA pays this money. We have an annual contract 506 00:32:03,920 --> 00:32:06,800 Speaker 1: with them. We know what they like, they know what 507 00:32:06,920 --> 00:32:11,120 Speaker 1: we like. But we are independent. Despite the fact that 508 00:32:11,160 --> 00:32:15,000 Speaker 1: we run virtually all our investment decisions by Uncle Sam 509 00:32:15,080 --> 00:32:19,040 Speaker 1: first for approval, and despite the fact that we intentionally 510 00:32:19,080 --> 00:32:21,440 Speaker 1: look for the stuff that they want and do what 511 00:32:21,480 --> 00:32:26,120 Speaker 1: they tell us to do. We are independent. Yeah, we're independent. 512 00:32:26,520 --> 00:32:29,640 Speaker 1: But you heard you heard the you heard the words 513 00:32:30,000 --> 00:32:35,200 Speaker 1: from those folks refection. I mean, it's very odd if 514 00:32:35,240 --> 00:32:38,040 Speaker 1: you go to their website and we keep talking about 515 00:32:38,080 --> 00:32:40,080 Speaker 1: I'm just gonna read you if you're if you can't 516 00:32:40,120 --> 00:32:41,760 Speaker 1: get there for any reason, I'm gonna read you. What 517 00:32:41,800 --> 00:32:44,840 Speaker 1: it says at the top says innovation on a mission, 518 00:32:45,280 --> 00:32:51,640 Speaker 1: visionary startups, experienced vcs, venture capitalists, dedicated government professionals in 519 00:32:51,760 --> 00:32:55,240 Speaker 1: q TEL leads from the center of this matrix. What 520 00:32:55,440 --> 00:32:58,320 Speaker 1: did they lead from the center of the matrix? Connecting 521 00:32:58,360 --> 00:33:03,280 Speaker 1: cutting edge technology, strategic investments, and purpose to enhance and 522 00:33:03,400 --> 00:33:07,400 Speaker 1: advance national security for the US and its allies. So 523 00:33:07,480 --> 00:33:11,720 Speaker 1: it clearly has a mission that is government facing, right, 524 00:33:12,320 --> 00:33:16,239 Speaker 1: and it doesn't mean it's necessarily an arm of the 525 00:33:16,280 --> 00:33:19,400 Speaker 1: government in that way the way you would think of 526 00:33:19,440 --> 00:33:23,280 Speaker 1: the CIA is but it is I don't know, it's 527 00:33:23,280 --> 00:33:28,760 Speaker 1: a finger, Yeah, that's the thing. So it's a valid 528 00:33:28,840 --> 00:33:31,960 Speaker 1: question to ask is this just is it a private, 529 00:33:32,160 --> 00:33:37,160 Speaker 1: not for profit entity and it's as one customer, right, 530 00:33:37,320 --> 00:33:39,880 Speaker 1: which would be the CIA, Or is it more should 531 00:33:39,880 --> 00:33:43,640 Speaker 1: we think of it more like a quasi quasi governmental 532 00:33:44,760 --> 00:33:48,120 Speaker 1: organization similar to the FED. I think that's what we're 533 00:33:48,120 --> 00:33:51,680 Speaker 1: talking about, because you do have people that run the show. 534 00:33:51,760 --> 00:33:55,080 Speaker 1: They're like Michael Crowe, who's chairman, he's a board of 535 00:33:55,160 --> 00:33:58,520 Speaker 1: chairman of the board of trustees, who feels a little 536 00:33:58,520 --> 00:34:02,400 Speaker 1: more independent as Steve Boucher Boucher that we mentioned earlier 537 00:34:02,400 --> 00:34:05,400 Speaker 1: in Chris Darby, but then also sitting on the board 538 00:34:05,400 --> 00:34:09,399 Speaker 1: of trustees. The guy that Ben mentioned much early on 539 00:34:09,760 --> 00:34:13,080 Speaker 1: who used to be the director of the CIA, George Tennant, 540 00:34:13,680 --> 00:34:17,279 Speaker 1: He is currently one of the he's on the board 541 00:34:17,280 --> 00:34:20,640 Speaker 1: of trustees. So like we know that government officials jumped 542 00:34:20,640 --> 00:34:23,920 Speaker 1: to the private sector, and private sector people generally don't 543 00:34:24,000 --> 00:34:26,960 Speaker 1: jump to the government in that way, you know, unless 544 00:34:26,960 --> 00:34:30,080 Speaker 1: they're an elected official. But it's um, it's and you know, 545 00:34:30,120 --> 00:34:32,680 Speaker 1: and it's an interesting thing to see that direct connective 546 00:34:32,680 --> 00:34:36,279 Speaker 1: tissue to the guy that kind of started or one 547 00:34:36,280 --> 00:34:39,120 Speaker 1: of the people that began the show over there. It 548 00:34:39,160 --> 00:34:41,759 Speaker 1: didn't quite Yeah, and that leads to a question. I 549 00:34:41,880 --> 00:34:45,320 Speaker 1: think a lot of us always wonder about a little 550 00:34:45,360 --> 00:34:51,279 Speaker 1: bit how many business decisions are made unofficially. You know, 551 00:34:51,400 --> 00:34:55,880 Speaker 1: how how many agreements happen while someone is at the 552 00:34:56,000 --> 00:35:00,960 Speaker 1: same fundraiser or you know, charity event. We're playing call 553 00:35:02,320 --> 00:35:04,319 Speaker 1: at the barbecue, you know what I mean, at the 554 00:35:04,320 --> 00:35:08,640 Speaker 1: country club, drinking the she crap soup, and then you know, 555 00:35:09,160 --> 00:35:12,000 Speaker 1: by the time you leave, you have made some important 556 00:35:12,000 --> 00:35:15,040 Speaker 1: decisions that will go on to impact millions of people. 557 00:35:15,120 --> 00:35:19,320 Speaker 1: But nothing official ever happened. They're just friends of friends 558 00:35:19,960 --> 00:35:24,520 Speaker 1: talking to folks who accidentally run into It's beautiful. It's terrified, 559 00:35:24,920 --> 00:35:27,399 Speaker 1: but it's a beautiful system in the way it's laid out. 560 00:35:27,800 --> 00:35:31,319 Speaker 1: You gotta respect it. This is just the beginning of 561 00:35:31,360 --> 00:35:34,839 Speaker 1: the concerns. In fact, I propose we pause for word 562 00:35:34,840 --> 00:35:39,080 Speaker 1: from our sponsors and dive into the other concerns, which escalate, 563 00:35:39,200 --> 00:35:48,120 Speaker 1: by the way, as we continue. We're back, all right, 564 00:35:48,280 --> 00:35:54,520 Speaker 1: second national security concerns. So here's the deal. It's a 565 00:35:54,520 --> 00:35:58,799 Speaker 1: criticism that surprised me personally, but you'll find scholars who 566 00:35:58,840 --> 00:36:06,440 Speaker 1: say the the i q T is problematic because, uh, 567 00:36:06,520 --> 00:36:11,200 Speaker 1: it is a itself is a security risk. Here's what 568 00:36:11,280 --> 00:36:14,600 Speaker 1: they're talking about. Some of the companies and startups that 569 00:36:14,680 --> 00:36:19,040 Speaker 1: i q T messes with our international in scope. So 570 00:36:19,200 --> 00:36:21,680 Speaker 1: this means that the CIA could run the risk of 571 00:36:21,719 --> 00:36:26,160 Speaker 1: potentially unnecessarily allowing enemy forces to get an inner glimpse 572 00:36:26,200 --> 00:36:30,720 Speaker 1: of the agency's methods, priorities, and current capabilities a number 573 00:36:30,719 --> 00:36:36,640 Speaker 1: of areas, like hypothetically, let's see, we're for an intelligence agency. 574 00:36:36,760 --> 00:36:39,879 Speaker 1: We got out of the invention business, but now we're 575 00:36:40,040 --> 00:36:43,600 Speaker 1: now we're somehow for an intelligence agency. And no, you 576 00:36:43,680 --> 00:36:46,920 Speaker 1: work at our foreign intelligence agency and you have, because 577 00:36:46,920 --> 00:36:51,000 Speaker 1: you're very good spy, gotten ahold of i q t 578 00:36:51,280 --> 00:36:56,239 Speaker 1: S wish list of technologies to watch their seat. They 579 00:36:56,280 --> 00:36:59,680 Speaker 1: refused to say publicly did anyone what they use technology for? 580 00:37:00,120 --> 00:37:03,120 Speaker 1: But you can look at this list their wish list 581 00:37:03,200 --> 00:37:07,600 Speaker 1: and think, huh, somebody really wants a fast way to 582 00:37:07,680 --> 00:37:13,000 Speaker 1: translate handwritten Arabic, right, like, could do you think do 583 00:37:13,040 --> 00:37:16,239 Speaker 1: you think you, as this hypothetical agent, could just look 584 00:37:16,280 --> 00:37:19,279 Speaker 1: at a list and kind of from there figure out 585 00:37:19,320 --> 00:37:22,160 Speaker 1: some priorities. Yeah, I would certainly think so, Ben, I mean, 586 00:37:22,280 --> 00:37:26,680 Speaker 1: especially being the big wig government venture capital guru that 587 00:37:26,760 --> 00:37:30,320 Speaker 1: I most certainly am. So. Yeah, you can see that 588 00:37:30,320 --> 00:37:34,120 Speaker 1: that concern is valid. The question is how serious is 589 00:37:34,160 --> 00:37:38,879 Speaker 1: this potential risk? And the problem is it's nearly impossible 590 00:37:38,920 --> 00:37:42,239 Speaker 1: to estimate any potential danger here because we don't know 591 00:37:42,400 --> 00:37:45,360 Speaker 1: enough about i q t s inner workings. But you 592 00:37:45,360 --> 00:37:47,960 Speaker 1: know what we do know about what's that you can 593 00:37:48,040 --> 00:37:51,719 Speaker 1: head on over to. These are two places to go. 594 00:37:51,800 --> 00:37:57,879 Speaker 1: The first one is i q T dot org slash emerge. Yes, 595 00:37:58,200 --> 00:38:03,280 Speaker 1: learn about that first, which is the innovation pipeline. It'll 596 00:38:03,280 --> 00:38:07,319 Speaker 1: come up, Yeah, it'll come up, yep. And next, this 597 00:38:07,400 --> 00:38:12,120 Speaker 1: one's most important, i q T dot org slash labs 598 00:38:12,320 --> 00:38:15,719 Speaker 1: I believe. Let me make sure that's correct. Yes, uh, 599 00:38:15,880 --> 00:38:19,600 Speaker 1: i q T dot org slash i q T dash labs. 600 00:38:19,960 --> 00:38:23,239 Speaker 1: If you go there, you can get a list of 601 00:38:23,320 --> 00:38:27,200 Speaker 1: the labs projects that they currently have going. And this 602 00:38:27,280 --> 00:38:29,879 Speaker 1: is exactly what we're talking about ben you can get 603 00:38:29,880 --> 00:38:32,520 Speaker 1: a glimpse of some of the things. You're not gonna 604 00:38:32,560 --> 00:38:35,200 Speaker 1: get all the information. You can get a glimpse of 605 00:38:35,239 --> 00:38:37,080 Speaker 1: a lot of the things that are being worked on, 606 00:38:37,120 --> 00:38:39,680 Speaker 1: and a wish list of sorts, as you said, and 607 00:38:39,760 --> 00:38:42,920 Speaker 1: you can while while you're on that website, go ahead 608 00:38:43,040 --> 00:38:46,120 Speaker 1: and head over to their portfolio section so you can 609 00:38:46,200 --> 00:38:49,520 Speaker 1: see where you can see a number of the companies 610 00:38:49,719 --> 00:38:52,759 Speaker 1: invested in. These are still these are still not the 611 00:38:52,760 --> 00:38:57,560 Speaker 1: biggest concerns. The third concern pretty obvious. I mean, like 612 00:38:57,600 --> 00:38:59,560 Speaker 1: at this point, it's almost funny because it has to 613 00:38:59,600 --> 00:39:02,960 Speaker 1: come up in these conversations all the time, and I'm 614 00:39:03,000 --> 00:39:05,239 Speaker 1: sure the i q T folks have to deal with 615 00:39:05,280 --> 00:39:08,080 Speaker 1: it on a daily basis. But it's just simply this. 616 00:39:08,480 --> 00:39:12,120 Speaker 1: The CIA has a ton of historical baggage, and by 617 00:39:12,239 --> 00:39:17,120 Speaker 1: nature of their close relationship, i q T gets associated 618 00:39:17,719 --> 00:39:21,040 Speaker 1: with that baggage, whether or not it deserves it. I mean, 619 00:39:21,120 --> 00:39:25,440 Speaker 1: you're imagine you're one of these startups. It's fair to 620 00:39:25,520 --> 00:39:28,080 Speaker 1: assume at least a few of the startups have had 621 00:39:28,160 --> 00:39:31,840 Speaker 1: second thoughts about partnering with a group that is funded 622 00:39:31,880 --> 00:39:38,000 Speaker 1: by the same organization that has provably orchestrated coups committed 623 00:39:38,040 --> 00:39:41,799 Speaker 1: illegal experiments on human beings and in fact grown so 624 00:39:41,960 --> 00:39:46,239 Speaker 1: comfortable with assassination that they literally wrote manuals about the 625 00:39:46,320 --> 00:39:48,359 Speaker 1: right way to do it, you know what I mean. 626 00:39:48,400 --> 00:39:52,880 Speaker 1: Like you, I'm not saying it is fair for i 627 00:39:53,040 --> 00:39:57,480 Speaker 1: q T to get associated with those horrific acts. But 628 00:39:57,600 --> 00:40:00,239 Speaker 1: on the other hand, you can't really blame people for 629 00:40:00,400 --> 00:40:03,680 Speaker 1: thinking about that. You know, like, oh, m kaal, the 630 00:40:03,800 --> 00:40:06,480 Speaker 1: people who did in k culture are funding us on 631 00:40:06,680 --> 00:40:10,759 Speaker 1: our neat app to help you know where all your 632 00:40:10,760 --> 00:40:17,560 Speaker 1: shoes are a shoe tracking system. Very elaborate, but you know, 633 00:40:17,640 --> 00:40:20,799 Speaker 1: they really are working on guys. Uh, They're working on 634 00:40:21,160 --> 00:40:24,880 Speaker 1: this thing called infodemic, which is an automated matching of 635 00:40:25,040 --> 00:40:29,839 Speaker 1: fact checked claims about COVID nineteen. It's kind of interesting, right. 636 00:40:31,080 --> 00:40:34,960 Speaker 1: Here's here's another one, a teachable camera that can detect 637 00:40:35,080 --> 00:40:38,560 Speaker 1: objects of interest in the field using AI hardware. Guys, 638 00:40:38,880 --> 00:40:41,040 Speaker 1: I'm sorry, I have to kind of repose the question 639 00:40:41,040 --> 00:40:43,839 Speaker 1: I said earlier. This all sounds like stuff that they 640 00:40:43,880 --> 00:40:46,840 Speaker 1: thought maybe would have some sort of intel use and 641 00:40:46,880 --> 00:40:50,239 Speaker 1: then sort of you know, bombed, and then they ended 642 00:40:50,280 --> 00:40:52,000 Speaker 1: up releasing it to the public as some sort of 643 00:40:52,040 --> 00:40:57,799 Speaker 1: like cute novelty item like shoe tracking. Yeah, well, weirdly enough, 644 00:40:57,840 --> 00:41:01,600 Speaker 1: those things aren't usually it's elusive. Like I would be 645 00:41:01,800 --> 00:41:06,839 Speaker 1: the opposite of surprised if it turned out that there 646 00:41:07,080 --> 00:41:10,920 Speaker 1: is a there is a non public version of Google 647 00:41:10,960 --> 00:41:15,960 Speaker 1: Earth technology that is much more robust, has way cooler layers, 648 00:41:16,040 --> 00:41:18,960 Speaker 1: and we're kind of getting the kiddie version, you know 649 00:41:18,960 --> 00:41:22,080 Speaker 1: what I mean. It's like, I think that's why. I mean, 650 00:41:22,120 --> 00:41:25,120 Speaker 1: I think you're absolutely right, Like you wouldn't release something 651 00:41:25,280 --> 00:41:28,480 Speaker 1: super robust and dangerous into the wild because if the 652 00:41:28,520 --> 00:41:31,879 Speaker 1: public can get it. The public is a big demographic. 653 00:41:32,000 --> 00:41:35,880 Speaker 1: It's literally everybody else on Earth. It's not the c 654 00:41:36,000 --> 00:41:40,440 Speaker 1: I A well, like, imagine it this way. Google Earth 655 00:41:41,320 --> 00:41:45,640 Speaker 1: started early in the two thousand's. You can still pull 656 00:41:45,719 --> 00:41:47,840 Speaker 1: up Google Earth right now and check it out, and 657 00:41:47,880 --> 00:41:52,319 Speaker 1: it's it's advanced significantly from a public facing side from 658 00:41:52,320 --> 00:41:56,239 Speaker 1: what he used to be. Right, but imagine how far 659 00:41:56,719 --> 00:42:00,560 Speaker 1: that you know, all of that satellite imagery, how how 660 00:42:00,640 --> 00:42:03,560 Speaker 1: high res some of that satellite imagery could be compared 661 00:42:03,600 --> 00:42:06,360 Speaker 1: to what we are allowed to see as you know, 662 00:42:06,640 --> 00:42:08,920 Speaker 1: a member of the public, a citizen of whatever country 663 00:42:09,000 --> 00:42:12,160 Speaker 1: using Google Earth. I would argue, just as Ben said, 664 00:42:12,840 --> 00:42:15,359 Speaker 1: there is a version of Google Earth or you know 665 00:42:15,800 --> 00:42:19,719 Speaker 1: Keyhole or whatever that tech was. That is you could 666 00:42:19,800 --> 00:42:23,640 Speaker 1: pick out, you know, a quarter in somebody's hand standing 667 00:42:23,640 --> 00:42:28,120 Speaker 1: on the ground secret Facebook, right, and we all have 668 00:42:28,200 --> 00:42:31,759 Speaker 1: profiles on it. And the thing is, our profiles, which 669 00:42:31,760 --> 00:42:35,240 Speaker 1: are not accessible by us, uh, have more information about 670 00:42:35,320 --> 00:42:38,400 Speaker 1: us than we have about ourselves, you know what I mean. Well, also, 671 00:42:38,520 --> 00:42:41,239 Speaker 1: like running that version of a Google earthric hell you're 672 00:42:41,239 --> 00:42:44,279 Speaker 1: talking about would require so much more processing power than 673 00:42:44,320 --> 00:42:48,560 Speaker 1: an average consumer computer would have, or massive massive amounts 674 00:42:48,560 --> 00:42:51,920 Speaker 1: of like on site uh server capacity, you know, so 675 00:42:52,280 --> 00:42:54,200 Speaker 1: we we think it's pretty dope. We can say it's 676 00:42:54,239 --> 00:42:56,839 Speaker 1: my roof, but you're right, you could probably And then 677 00:42:56,840 --> 00:43:00,640 Speaker 1: those aren't real time necessarily, right, whereas the uh maybe 678 00:43:00,719 --> 00:43:03,640 Speaker 1: the version that exists in secret is real time and 679 00:43:03,719 --> 00:43:06,319 Speaker 1: can like zoom in through windows, you know, I mean, 680 00:43:06,960 --> 00:43:10,839 Speaker 1: I mean listen, I'm I'm allow, I'm making you jump here. 681 00:43:11,000 --> 00:43:13,399 Speaker 1: But even the name Keyhole to me implies we can 682 00:43:13,440 --> 00:43:18,239 Speaker 1: get you, can get you where you are. Yeah, I'm 683 00:43:18,360 --> 00:43:21,080 Speaker 1: I'm taking with both of these ideas. I still I 684 00:43:21,160 --> 00:43:23,680 Speaker 1: really want to if you're if you're a high level 685 00:43:23,880 --> 00:43:27,840 Speaker 1: government operative and you tuned into the show, thanks for listening. Also, 686 00:43:27,920 --> 00:43:30,400 Speaker 1: let me know if there's a secret Facebook and what's 687 00:43:30,440 --> 00:43:33,040 Speaker 1: on it. I don't know why that just I'm so 688 00:43:33,160 --> 00:43:36,600 Speaker 1: into that it is possible. There is another elephant in 689 00:43:36,600 --> 00:43:39,240 Speaker 1: the room. We do have to address it, the National 690 00:43:39,320 --> 00:43:44,760 Speaker 1: Inventions Secrecy Act of n Yeah, we discussed this before 691 00:43:45,040 --> 00:43:47,759 Speaker 1: past episodes. But here's the gist. You're an inventor with 692 00:43:47,840 --> 00:43:51,640 Speaker 1: the technology that might have an impact on national security 693 00:43:51,960 --> 00:43:56,760 Speaker 1: defined in a cartoonishly broad way. The US government can 694 00:43:56,960 --> 00:43:59,880 Speaker 1: and will just take your patent. They'll pay you a 695 00:44:00,040 --> 00:44:02,200 Speaker 1: little bit for it. Uh, they have It's weird. I 696 00:44:02,280 --> 00:44:04,359 Speaker 1: learned this after we talked about they have a like 697 00:44:04,560 --> 00:44:09,719 Speaker 1: they literally do have a pay scale based on how 698 00:44:09,800 --> 00:44:12,840 Speaker 1: much or how little they believe your invention could impact 699 00:44:13,000 --> 00:44:16,959 Speaker 1: national security. Sure, it's like paying FBI informants or something 700 00:44:17,000 --> 00:44:19,160 Speaker 1: like that. Right, it's probably tied to the quality of 701 00:44:19,160 --> 00:44:22,600 Speaker 1: the intel they're getting. Yeah, yeah, that's a good marrisson, 702 00:44:22,800 --> 00:44:25,200 Speaker 1: it really is. And here's the thing. If you let's 703 00:44:25,200 --> 00:44:29,000 Speaker 1: say you are the inventor, guess what getting paid Suka. Well, 704 00:44:29,040 --> 00:44:32,360 Speaker 1: I think it's also a good uh analogy, because FBI 705 00:44:32,400 --> 00:44:35,480 Speaker 1: informants are often done forced to be that under dress, 706 00:44:35,800 --> 00:44:38,359 Speaker 1: where like they are you know, like arm twisted, because oh, 707 00:44:38,400 --> 00:44:40,719 Speaker 1: you're gonna go to prison unless you cooperate. But they 708 00:44:40,760 --> 00:44:42,880 Speaker 1: also get paid a little stipend. It's the same with 709 00:44:42,920 --> 00:44:45,359 Speaker 1: these inventors. You don't really have a choice, but we're 710 00:44:45,400 --> 00:44:47,760 Speaker 1: gonna take the sting out a little bit by giving 711 00:44:47,760 --> 00:44:51,320 Speaker 1: you a few you know, ducats. Yeah, but you gotta 712 00:44:51,560 --> 00:44:54,279 Speaker 1: keep it tight, keep it. Uh, you can't talk to 713 00:44:54,320 --> 00:44:57,239 Speaker 1: anybody about it. E Marris does the code. Yeah, that's 714 00:44:57,320 --> 00:45:00,799 Speaker 1: that's the thing. Uh. We don't know how these inventors 715 00:45:00,840 --> 00:45:03,520 Speaker 1: feel about this process. We know that there are some 716 00:45:03,640 --> 00:45:07,120 Speaker 1: alive right now, maybe even listening to this show, who 717 00:45:07,160 --> 00:45:11,239 Speaker 1: have been subjected to it, but we will never know 718 00:45:11,280 --> 00:45:15,520 Speaker 1: their reactions because they are subject to a incredibly powerful 719 00:45:15,600 --> 00:45:18,640 Speaker 1: gag order. Friends who from discussing this in public, from 720 00:45:18,680 --> 00:45:22,280 Speaker 1: publishing work related to this, from talking about it, pretty 721 00:45:22,360 --> 00:45:23,920 Speaker 1: much for the rest of your life, or until that 722 00:45:24,080 --> 00:45:27,600 Speaker 1: order is rescinded. And this means taking it back to 723 00:45:27,640 --> 00:45:30,000 Speaker 1: i q T. This means that if you are a 724 00:45:30,040 --> 00:45:32,759 Speaker 1: startup or an inventor, you might feel there is an 725 00:45:32,800 --> 00:45:35,920 Speaker 1: implied threat in an offer from i q T. You 726 00:45:35,960 --> 00:45:39,360 Speaker 1: may feel it's an offer you can't really refuse because 727 00:45:39,360 --> 00:45:44,319 Speaker 1: you're dealing with the people who enforce the rules, like 728 00:45:44,600 --> 00:45:48,440 Speaker 1: enforce the law, so they can also and they all, 729 00:45:48,680 --> 00:45:51,160 Speaker 1: you know, the CIA also has a track history of 730 00:45:51,320 --> 00:45:56,520 Speaker 1: ignoring the law when it becomes inconvenient. So whether or 731 00:45:56,560 --> 00:46:00,239 Speaker 1: not there is a real threat here, it's understand well 732 00:46:00,239 --> 00:46:03,319 Speaker 1: that people might freak out when they imagine all the 733 00:46:03,400 --> 00:46:08,799 Speaker 1: consequences of a conversation going sideways. So that's that's one 734 00:46:08,800 --> 00:46:11,720 Speaker 1: of the big concerns. But the you know, the ultimately 735 00:46:11,800 --> 00:46:14,000 Speaker 1: the biggest concern with this, I would say, is i 736 00:46:14,160 --> 00:46:18,520 Speaker 1: q T secrecy. Like Matt said, you can learn a 737 00:46:18,680 --> 00:46:23,360 Speaker 1: lot about the about the organization through their official website. 738 00:46:24,239 --> 00:46:26,880 Speaker 1: Uh and once you get past some of the corporate speak, 739 00:46:26,960 --> 00:46:31,319 Speaker 1: you will see substantive details on companies they work with, 740 00:46:31,560 --> 00:46:37,879 Speaker 1: areas of technology, etcetera, etcetera. But when you ask how 741 00:46:37,960 --> 00:46:39,719 Speaker 1: much money they give, when you ask some of those 742 00:46:39,760 --> 00:46:45,240 Speaker 1: financial details, the conversation cuts off. And specifically when you ask, hey, 743 00:46:45,239 --> 00:46:48,839 Speaker 1: so what do you guys want this for? Like, I'm 744 00:46:48,880 --> 00:46:52,160 Speaker 1: also really excited about the intersection and the synergy and 745 00:46:52,200 --> 00:46:55,719 Speaker 1: the secret sauce. This is so wheelhouse bro. But what 746 00:46:57,280 --> 00:47:02,880 Speaker 1: after all? Start with somewhat about that one earlier, but Yeah, 747 00:47:03,000 --> 00:47:07,440 Speaker 1: when you ask what what are you using it for? Uh, 748 00:47:07,680 --> 00:47:10,200 Speaker 1: you get past the corporate bus terms, they're just start 749 00:47:10,200 --> 00:47:13,200 Speaker 1: going to tell you it's their policy. And that means 750 00:47:13,880 --> 00:47:18,200 Speaker 1: that it makes everybody kind of like that hypothetical for 751 00:47:18,320 --> 00:47:22,360 Speaker 1: an uh, for an intelligence agent. You're left a conjecture, 752 00:47:22,600 --> 00:47:26,680 Speaker 1: read some tea leaves, speculate, and then worry. Oh, I'm 753 00:47:26,680 --> 00:47:29,160 Speaker 1: gonna do that later, right before we end this episode. 754 00:47:29,200 --> 00:47:31,919 Speaker 1: I'm gonna give you a heavy dose of that. Yes, 755 00:47:32,080 --> 00:47:37,040 Speaker 1: that's correct. Yeah. So in their in their defense, multiple 756 00:47:37,080 --> 00:47:44,080 Speaker 1: individuals from all sides, private startups, former executive CIA officials, scholars, etcetera, etcetera, 757 00:47:44,320 --> 00:47:47,200 Speaker 1: they've spoken pretty openly about i QT and how it 758 00:47:47,239 --> 00:47:49,640 Speaker 1: works and what they like about it. The problem is 759 00:47:49,680 --> 00:47:52,640 Speaker 1: in this situation, again, because of c i A baggage, 760 00:47:53,239 --> 00:47:57,680 Speaker 1: anything less than full transparency will inevitably keep the conspiracy 761 00:47:57,760 --> 00:48:02,000 Speaker 1: fires burning. That praise, by the way, the reason all 762 00:48:02,040 --> 00:48:04,960 Speaker 1: the former employees have such a good attitude about it 763 00:48:05,040 --> 00:48:07,759 Speaker 1: is very understandable because I didn't know this, but for 764 00:48:07,800 --> 00:48:10,879 Speaker 1: a long time, if you were employed there, you had 765 00:48:10,920 --> 00:48:13,799 Speaker 1: to put ten per cent of your pay into a 766 00:48:13,960 --> 00:48:17,279 Speaker 1: fund that invested in all the stuff in q Tel 767 00:48:17,440 --> 00:48:20,640 Speaker 1: was investing in and that meant that you got a 768 00:48:20,680 --> 00:48:24,440 Speaker 1: piece of the pie. Those were those became your bonuses, 769 00:48:24,560 --> 00:48:28,799 Speaker 1: those payouts. It's probably better than four oh one K. 770 00:48:29,080 --> 00:48:32,239 Speaker 1: And there there's no detail right now about how much 771 00:48:32,280 --> 00:48:36,359 Speaker 1: money that shook out to per employee. But they were 772 00:48:36,400 --> 00:48:39,080 Speaker 1: not strapped for cash, you know, when Christmas came around 773 00:48:39,239 --> 00:48:43,359 Speaker 1: or anything like that. The experiments, and it did start 774 00:48:43,640 --> 00:48:47,359 Speaker 1: as an experiment, is a success. So much so the Army, 775 00:48:47,400 --> 00:48:51,359 Speaker 1: the Navy, other agencies have or are planning their own 776 00:48:51,480 --> 00:48:55,880 Speaker 1: venture capital efforts based on this model. And the future 777 00:48:55,920 --> 00:48:59,359 Speaker 1: is scary. I q T is evolving. Just this year 778 00:48:59,400 --> 00:49:04,439 Speaker 1: they announced program briefly mentioned called i q T Emerge. This, 779 00:49:04,800 --> 00:49:08,320 Speaker 1: Oh man, do you guys remember this the old toy 780 00:49:08,480 --> 00:49:17,200 Speaker 1: sets spy tech, Yeah, with the sideway, the mirror lazy 781 00:49:17,239 --> 00:49:18,640 Speaker 1: like I know, I mean the most popular ones were 782 00:49:18,640 --> 00:49:23,040 Speaker 1: the mirror shades I think, which were very awkward looking elongated, right, 783 00:49:23,200 --> 00:49:27,600 Speaker 1: the laser one and um like invisible inc various invisible 784 00:49:27,640 --> 00:49:31,680 Speaker 1: ink type situations. Right, I forgot about the invisible ink. Well, 785 00:49:32,239 --> 00:49:35,320 Speaker 1: we might not be the only people who really dug 786 00:49:35,520 --> 00:49:40,960 Speaker 1: spy tech toys because i q T Emerge is kind 787 00:49:41,000 --> 00:49:43,319 Speaker 1: of doing a grown up version of spy tech. They 788 00:49:43,360 --> 00:49:47,480 Speaker 1: want to take these stuff that they have developed or 789 00:49:47,520 --> 00:49:51,600 Speaker 1: funded and make it commercially available, probably in you know, 790 00:49:51,880 --> 00:49:56,960 Speaker 1: um a safer version than whatever they're actually using. So 791 00:49:57,120 --> 00:50:00,320 Speaker 1: their idea is that they can make another in comes 792 00:50:00,360 --> 00:50:04,480 Speaker 1: stream and they can also brace yourself for the corporate 793 00:50:04,560 --> 00:50:08,680 Speaker 1: terms here, they can also spur innovation and encourage public 794 00:50:08,680 --> 00:50:14,319 Speaker 1: and private sector collaboration. Yeah. Man, that's pretty cool. So 795 00:50:14,400 --> 00:50:17,759 Speaker 1: that just this concept that they're gonna take stuff developed, 796 00:50:18,239 --> 00:50:20,480 Speaker 1: you know, through all these connections, them being at the 797 00:50:20,480 --> 00:50:22,440 Speaker 1: center of the matrix there because you know, they are, 798 00:50:22,800 --> 00:50:26,040 Speaker 1: and being able to make just tons of money because 799 00:50:26,040 --> 00:50:29,720 Speaker 1: they are venture capital after all, and they're not for profit. 800 00:50:30,160 --> 00:50:32,680 Speaker 1: It's interesting because again it doesn't matter how much money 801 00:50:32,719 --> 00:50:35,319 Speaker 1: they do or don't make. That's so interesting. I think 802 00:50:35,320 --> 00:50:38,759 Speaker 1: of the terms venture capital and not for profit being 803 00:50:39,000 --> 00:50:42,880 Speaker 1: like the two most unrelated concepts that could be, But 804 00:50:42,960 --> 00:50:45,799 Speaker 1: I guess they can co exist time. Yeah, And what 805 00:50:45,920 --> 00:50:49,520 Speaker 1: I love about not for profit it's such a Goldilocks thing. 806 00:50:50,000 --> 00:50:52,680 Speaker 1: It's like, we have to make money, but we won't 807 00:50:52,680 --> 00:50:55,120 Speaker 1: get in trouble if we do. That's exactly what I've 808 00:50:55,120 --> 00:50:57,880 Speaker 1: always wondered, Like, it's not a prerequisite for being a 809 00:50:57,920 --> 00:51:00,120 Speaker 1: non problem. Maybe it is for certain ones, but as 810 00:51:00,120 --> 00:51:03,600 Speaker 1: a tax purposes, right, But like, is it required that 811 00:51:03,640 --> 00:51:05,799 Speaker 1: you make no money that you just break even and 812 00:51:05,800 --> 00:51:07,719 Speaker 1: just pay everybody? Or like how I don't understan I've 813 00:51:07,719 --> 00:51:13,160 Speaker 1: always wondered about that aspect of nonprofit work. Oh yeah, nonprofits, Uh, 814 00:51:13,960 --> 00:51:18,000 Speaker 1: quick tangent. But non nonprofits have certain rules about how 815 00:51:18,040 --> 00:51:22,239 Speaker 1: they allocate funds that they receive, you know, through donations 816 00:51:22,320 --> 00:51:26,560 Speaker 1: or if they generate something through fundraisers. So when nonprofits 817 00:51:26,560 --> 00:51:31,560 Speaker 1: get accused of being crooked, the primary way that occurs 818 00:51:31,840 --> 00:51:35,279 Speaker 1: is through the salaries of someone who's at the top 819 00:51:35,320 --> 00:51:37,000 Speaker 1: of the company, and you know they're making a lot 820 00:51:37,040 --> 00:51:40,840 Speaker 1: of money. Uh, that money could have been going to 821 00:51:40,880 --> 00:51:44,080 Speaker 1: the cause that they say they support. Things like that, 822 00:51:44,120 --> 00:51:46,600 Speaker 1: like always be careful when you hear a portion of 823 00:51:46,640 --> 00:51:51,080 Speaker 1: the proceeds go to a portion is anywhere from to 824 00:51:51,239 --> 00:51:55,040 Speaker 1: less than one percent? Still a portion? Yeah, I mean 825 00:51:55,080 --> 00:51:59,080 Speaker 1: it's an unfortunate points true. But this all this i 826 00:51:59,200 --> 00:52:02,120 Speaker 1: q T and merror, which is interesting especially when consider 827 00:52:02,200 --> 00:52:07,160 Speaker 1: the CIA also just in September announced the creation of 828 00:52:07,200 --> 00:52:10,440 Speaker 1: their first ever federal lab for in house R and 829 00:52:10,560 --> 00:52:15,840 Speaker 1: D verse of creativity. This is called CIA Labs, but 830 00:52:16,040 --> 00:52:18,960 Speaker 1: here's what it does. It allows CIA officers to get 831 00:52:19,000 --> 00:52:23,319 Speaker 1: patents and licenses for things that they make. So this 832 00:52:23,400 --> 00:52:27,680 Speaker 1: opens the door for someone at US. Maybe there's a 833 00:52:27,800 --> 00:52:31,120 Speaker 1: startup that is not totally on board with this, so 834 00:52:31,160 --> 00:52:33,520 Speaker 1: opens the door for a member of that startup to 835 00:52:33,640 --> 00:52:37,399 Speaker 1: split to get hired by the CIA. Just cut out 836 00:52:37,440 --> 00:52:42,120 Speaker 1: the middleman, dude, Yeah, completely, and and and just to 837 00:52:42,160 --> 00:52:44,239 Speaker 1: take this really to connect it back to the i 838 00:52:44,360 --> 00:52:47,720 Speaker 1: q T Labs, which is something we talked about before. 839 00:52:48,320 --> 00:52:51,120 Speaker 1: You probably have heard of Google Labs. I think that's 840 00:52:51,160 --> 00:52:54,000 Speaker 1: what they called it for a long time. Um where 841 00:52:54,120 --> 00:52:57,440 Speaker 1: it was you know, brand new, brand new tech that 842 00:52:57,480 --> 00:53:00,360 Speaker 1: could be incorporated into Chrome or Google or you know 843 00:53:00,480 --> 00:53:04,239 Speaker 1: other just venture capital being pushed into new new technologies 844 00:53:04,239 --> 00:53:07,520 Speaker 1: and new firms, but being incorporated back into Google. It's 845 00:53:07,560 --> 00:53:10,640 Speaker 1: basically Google trying to get new things and putting a 846 00:53:10,640 --> 00:53:13,160 Speaker 1: bunch of throwing a bunch of money at people to 847 00:53:13,239 --> 00:53:16,239 Speaker 1: get new things, new ideas. Well. I q T s 848 00:53:16,360 --> 00:53:20,120 Speaker 1: Labs does the exact same thing. And I'm gonna read 849 00:53:20,160 --> 00:53:22,359 Speaker 1: you I swear this is my last quote that I'm 850 00:53:22,360 --> 00:53:25,880 Speaker 1: gona read from that uh that one YouTube video I mentioned. 851 00:53:26,360 --> 00:53:29,560 Speaker 1: This is from George Tennant himself. In q Tel only 852 00:53:29,600 --> 00:53:33,680 Speaker 1: has one venture company making more investments every year, only 853 00:53:33,719 --> 00:53:38,520 Speaker 1: one that's Google Ventures, So essentially Google Labs, the arm 854 00:53:38,600 --> 00:53:40,799 Speaker 1: of Google that does the same thing that they're doing. 855 00:53:41,280 --> 00:53:45,080 Speaker 1: The experiment has been a wild success, beyond anything I 856 00:53:45,160 --> 00:53:48,960 Speaker 1: we could have thought of, because in absolute terms, the 857 00:53:49,000 --> 00:53:52,359 Speaker 1: country's a lot safer. But just that making the point 858 00:53:52,400 --> 00:53:56,640 Speaker 1: there that it's basically Google and in q Tel that 859 00:53:56,640 --> 00:53:59,920 Speaker 1: that are that are funneling money into new tech ideas. 860 00:54:00,160 --> 00:54:02,960 Speaker 1: But it's not just them, but they're big players. And 861 00:54:02,960 --> 00:54:04,799 Speaker 1: then again, another point we have to bring up here 862 00:54:04,840 --> 00:54:06,839 Speaker 1: is if it wasn't them, it would be someone else. 863 00:54:07,960 --> 00:54:12,720 Speaker 1: That's just true. But as we closed the episode today, 864 00:54:12,719 --> 00:54:15,960 Speaker 1: we hope we've given you a decent introduction to in 865 00:54:16,160 --> 00:54:20,960 Speaker 1: q tell UH, the odd little duck of venture firm 866 00:54:21,040 --> 00:54:24,160 Speaker 1: that it is UH, and we've outlined some of the concerns, 867 00:54:24,400 --> 00:54:27,360 Speaker 1: some of the reasons it's around some of the allegations 868 00:54:27,480 --> 00:54:32,480 Speaker 1: or possibility for conspiracy and corruption. But let's let's end 869 00:54:32,520 --> 00:54:36,560 Speaker 1: on something juicy. This is something that that um we 870 00:54:36,600 --> 00:54:41,120 Speaker 1: had all been talking about off air. You read into 871 00:54:41,600 --> 00:54:45,520 Speaker 1: pretty fascinating video just before we recorded. Oh yes I did. 872 00:54:46,160 --> 00:54:50,160 Speaker 1: I'd like to turn your attention to another website. It's 873 00:54:50,200 --> 00:54:54,640 Speaker 1: called B the letter B next any xt dot org. 874 00:54:55,320 --> 00:54:57,640 Speaker 1: This is another thing that's mentioned on i q t 875 00:54:57,840 --> 00:55:01,360 Speaker 1: s website, i q T dot org. Uh. This is 876 00:55:01,400 --> 00:55:05,080 Speaker 1: a brand new thing that they started back in the 877 00:55:05,200 --> 00:55:10,520 Speaker 1: late twenty teens. And it's it's a good idea. I 878 00:55:10,560 --> 00:55:15,320 Speaker 1: would say it's a noble idea. It is a bit strange, 879 00:55:15,400 --> 00:55:19,439 Speaker 1: and you can see how this kind of thing could 880 00:55:19,560 --> 00:55:21,719 Speaker 1: lead people to think in a certain way if we 881 00:55:21,840 --> 00:55:24,160 Speaker 1: if we go back to what Ben was talking about, 882 00:55:24,920 --> 00:55:29,760 Speaker 1: the absence of major details causing people to make cognitive 883 00:55:29,800 --> 00:55:34,560 Speaker 1: jumps sometimes right from one thing to the next. Um, 884 00:55:34,600 --> 00:55:41,440 Speaker 1: because this thing be Next. It's a bio technology arm 885 00:55:41,719 --> 00:55:45,279 Speaker 1: of in q TEL and it's a well, actually, you 886 00:55:45,280 --> 00:55:47,200 Speaker 1: know what. Let's just listen to a part of this 887 00:55:47,360 --> 00:55:52,160 Speaker 1: video that's posted on i q T labs video site. 888 00:55:52,719 --> 00:55:54,920 Speaker 1: The mission of the Next is to raise awareness of 889 00:55:54,960 --> 00:55:58,840 Speaker 1: the bio revolution and construct a technology architecture to protect 890 00:55:58,840 --> 00:56:04,280 Speaker 1: the nation against large lethal epidemics. This architecture will describe 891 00:56:04,280 --> 00:56:10,000 Speaker 1: existing and emerging technologies essential to fighting infectious disease. B 892 00:56:10,120 --> 00:56:13,680 Speaker 1: NEXT will help us answer questions such as can we 893 00:56:13,760 --> 00:56:18,600 Speaker 1: rapidly detect and quench disease outbreaks. Can we dynamically adapt 894 00:56:18,640 --> 00:56:21,960 Speaker 1: to new information and minimize the toll of big epidemics? 895 00:56:22,880 --> 00:56:26,680 Speaker 1: Can we design and manufacture new vaccines when and where 896 00:56:26,719 --> 00:56:32,120 Speaker 1: we need them? The digital revolution change the world. The 897 00:56:32,160 --> 00:56:36,920 Speaker 1: bio revolution will transform it. Yes, there you go. Now 898 00:56:36,960 --> 00:56:39,960 Speaker 1: here's the important thing to note that video was posted 899 00:56:40,000 --> 00:56:48,320 Speaker 1: in February, specifically February, a year here and change before 900 00:56:48,760 --> 00:56:56,120 Speaker 1: the novel coronavirus of was identified. Now here's where the 901 00:56:56,200 --> 00:56:59,359 Speaker 1: leap is a problem. That doesn't mean in q TEL 902 00:56:59,480 --> 00:57:02,120 Speaker 1: or ban X is doing anything nefarious when it comes 903 00:57:02,160 --> 00:57:05,239 Speaker 1: to you know, epidemics and pandemics like the one we 904 00:57:05,360 --> 00:57:08,759 Speaker 1: just experienced and are in the middle of still, but 905 00:57:08,840 --> 00:57:12,520 Speaker 1: you could see how anyone who is skeptical or feel 906 00:57:12,840 --> 00:57:16,880 Speaker 1: or fearful of the CIA and other government entities would think, oh, 907 00:57:16,960 --> 00:57:19,840 Speaker 1: they were working on that stuff right before it happened, 908 00:57:20,280 --> 00:57:23,080 Speaker 1: and it could make you feel an easy as I 909 00:57:23,120 --> 00:57:26,120 Speaker 1: have to admit personally, it does make me feel uneasy 910 00:57:26,160 --> 00:57:28,760 Speaker 1: a bit, But it doesn't mean it's true or they 911 00:57:28,760 --> 00:57:31,800 Speaker 1: had they were doing anything nefarious or are doing anything nefarious. 912 00:57:32,000 --> 00:57:36,960 Speaker 1: It's just that little coincidental thing that can happen. I 913 00:57:36,960 --> 00:57:39,000 Speaker 1: don't know what do you guys think so. I think 914 00:57:39,000 --> 00:57:44,439 Speaker 1: it's interesting. I my head automatically categorizes this with other 915 00:57:45,160 --> 00:57:50,280 Speaker 1: what I call COVID coincidence conspiracies, like you know, the 916 00:57:50,320 --> 00:57:54,400 Speaker 1: paperback thriller that appeared to outline the spread of something 917 00:57:54,720 --> 00:57:59,840 Speaker 1: like COVID uh and then it later turned out that 918 00:57:59,840 --> 00:58:03,720 Speaker 1: that book had been updated after the fact, so it 919 00:58:03,800 --> 00:58:06,040 Speaker 1: wasn't really you know, from the eighties or whatever. And 920 00:58:06,080 --> 00:58:09,920 Speaker 1: predicting this the idea of a so called planned demmick 921 00:58:10,400 --> 00:58:14,400 Speaker 1: because of the different scenarios that in g o's and 922 00:58:14,520 --> 00:58:18,000 Speaker 1: governments were running to try to game out how an 923 00:58:18,040 --> 00:58:22,160 Speaker 1: epidemic would spread. I just keep going back to it, man, 924 00:58:23,000 --> 00:58:25,760 Speaker 1: I hear you. We don't know enough. We don't know 925 00:58:25,960 --> 00:58:29,280 Speaker 1: enough to definitively say there's not something sketchy a foot. 926 00:58:29,680 --> 00:58:31,960 Speaker 1: Well yeah, well, the White House right now is still 927 00:58:32,040 --> 00:58:35,959 Speaker 1: they're pushing hard to get more information on that lab 928 00:58:35,960 --> 00:58:41,439 Speaker 1: in Wuhan, China, where perhaps of virus escaped, whether through 929 00:58:41,560 --> 00:58:45,600 Speaker 1: accidental or to various purposes. And you know, it doesn't 930 00:58:45,640 --> 00:58:47,640 Speaker 1: mean that's true. It means the White House and the 931 00:58:47,720 --> 00:58:50,720 Speaker 1: United States government is interested in that possibility. Right Well, 932 00:58:50,800 --> 00:58:52,800 Speaker 1: let yeah, let me And I'm really glad you brought 933 00:58:52,840 --> 00:58:55,120 Speaker 1: that up because we do need to point out the 934 00:58:55,160 --> 00:58:59,959 Speaker 1: difference here. So what they're pushing to do could best 935 00:59:00,040 --> 00:59:03,600 Speaker 1: be understood as a kind of due diligence, with the 936 00:59:03,640 --> 00:59:07,920 Speaker 1: hope being that through understanding the the origin in the 937 00:59:07,960 --> 00:59:14,440 Speaker 1: genesis of COVID nineteen, the world and the US in particular, 938 00:59:14,520 --> 00:59:17,960 Speaker 1: will be better able to prevent the spread of the 939 00:59:18,000 --> 00:59:21,600 Speaker 1: next pandemic. And there will be another one. It's statistically 940 00:59:21,800 --> 00:59:24,600 Speaker 1: on the way, So don't feel too bad if you 941 00:59:24,680 --> 00:59:27,000 Speaker 1: hoarded a bunch of toilet paper might come in handy 942 00:59:27,400 --> 00:59:30,240 Speaker 1: the next time the stores run out. But that's a 943 00:59:30,240 --> 00:59:34,400 Speaker 1: great point, and it should be known that this pandemic 944 00:59:34,640 --> 00:59:36,720 Speaker 1: that we're going through right now was it was. It 945 00:59:36,840 --> 00:59:39,480 Speaker 1: wasn't known that this one would happen, But like you said, Ben, 946 00:59:39,520 --> 00:59:41,600 Speaker 1: it was known that one was going to be coming 947 00:59:42,120 --> 00:59:45,479 Speaker 1: right sometime in the future. That's why you could say 948 00:59:45,520 --> 00:59:47,960 Speaker 1: in q TEL and the c i A and all 949 00:59:48,000 --> 00:59:50,400 Speaker 1: these people were aware that something like that was on 950 00:59:50,440 --> 00:59:53,320 Speaker 1: the horizon, they didn't know when it would occur. It is. 951 00:59:53,760 --> 00:59:59,080 Speaker 1: It does feel strange that they got the biggest test 952 00:59:59,640 --> 01:00:04,360 Speaker 1: of this new you know thing be next within a 953 01:00:04,440 --> 01:00:08,000 Speaker 1: year's time of them starting. Yeah, yeah, that's I mean, 954 01:00:08,040 --> 01:00:12,120 Speaker 1: that's true. But just to be clear, this new investigation 955 01:00:12,440 --> 01:00:16,360 Speaker 1: is based on un some valid stuff, like it is 956 01:00:16,400 --> 01:00:20,200 Speaker 1: true that in the past, I believe with um with stars, 957 01:00:20,240 --> 01:00:24,120 Speaker 1: maybe there were lab workers in Singapore who contracted it 958 01:00:24,920 --> 01:00:28,800 Speaker 1: just through human error and through accident. So there there 959 01:00:28,920 --> 01:00:32,120 Speaker 1: is a reasonable basis for this, and it's not I 960 01:00:32,160 --> 01:00:34,440 Speaker 1: don't believe it's meant to be some kind of like 961 01:00:34,560 --> 01:00:37,000 Speaker 1: finger pointing, you know what I mean. I don't think 962 01:00:37,000 --> 01:00:40,160 Speaker 1: they're trying to find someone else to blame for the 963 01:00:40,200 --> 01:00:43,760 Speaker 1: way the US handled the pandemic or dropped the ball 964 01:00:43,960 --> 01:00:48,120 Speaker 1: on the pandemic, which the U S did, so hopefully 965 01:00:48,160 --> 01:00:51,480 Speaker 1: this will better prepare us. But then also again, no 966 01:00:51,520 --> 01:00:54,720 Speaker 1: matter how many cool corporate videos we see with in 967 01:00:54,840 --> 01:01:00,680 Speaker 1: q Tel, we like much of the public no full 968 01:01:00,720 --> 01:01:04,960 Speaker 1: well that the CIA gets up to dastardly stuff. So 969 01:01:05,160 --> 01:01:08,000 Speaker 1: what are they gonna like? You can play this game 970 01:01:08,000 --> 01:01:10,440 Speaker 1: with yourself. Go to the website, look at the innocuous 971 01:01:10,440 --> 01:01:14,400 Speaker 1: technology and then imagine what, like in your mind, what 972 01:01:14,640 --> 01:01:18,760 Speaker 1: is there a crazy thing that it could be used for? Right? 973 01:01:18,920 --> 01:01:22,760 Speaker 1: What what kind of stuff could the CIA do with 974 01:01:22,920 --> 01:01:26,920 Speaker 1: these pieces of tech that may seem innocuous? All I 975 01:01:26,960 --> 01:01:31,240 Speaker 1: know is that the digital revolution change the world, but 976 01:01:31,320 --> 01:01:35,160 Speaker 1: the bio revolution is gonna transform it. And what's the 977 01:01:35,160 --> 01:01:38,040 Speaker 1: difference between changed and transformed. It's like that old joke, 978 01:01:38,160 --> 01:01:41,400 Speaker 1: you know, like I haven't I haven't abridged the saurus. 979 01:01:42,040 --> 01:01:46,480 Speaker 1: I hate it. Not only is it terrible, it's also terrible. 980 01:01:48,520 --> 01:01:50,960 Speaker 1: I didn't write that. Be careful with that joke is antique. 981 01:01:51,400 --> 01:01:54,280 Speaker 1: But let's let us know what you think, folks, is 982 01:01:54,320 --> 01:01:58,200 Speaker 1: this is in q tel a smart way to avoid 983 01:01:58,280 --> 01:02:02,560 Speaker 1: the pitfalls of traditional you know, government contracting to the benefits, 984 01:02:02,640 --> 01:02:06,720 Speaker 1: aweigh the potential risk. What is going on? This is 985 01:02:06,760 --> 01:02:10,160 Speaker 1: going to continue, obviously, I'm so excited there's a real 986 01:02:10,200 --> 01:02:13,440 Speaker 1: life spy tech back in the works. I loved those toys, 987 01:02:14,280 --> 01:02:18,840 Speaker 1: but I don't know, I don't know what consequences come 988 01:02:18,880 --> 01:02:22,880 Speaker 1: attached to them. If they make new flear like cameras, 989 01:02:23,320 --> 01:02:25,640 Speaker 1: that would be cool, so we can just you know, 990 01:02:25,760 --> 01:02:28,480 Speaker 1: maybe they maybe they can make high end audio video 991 01:02:28,560 --> 01:02:32,080 Speaker 1: gear that would be cool. So like the in q 992 01:02:32,240 --> 01:02:35,840 Speaker 1: tell and whatever this becomes, it's just the new Sindhiser 993 01:02:36,680 --> 01:02:38,600 Speaker 1: or you know, the new Shore, and then we can 994 01:02:38,600 --> 01:02:43,920 Speaker 1: get crazy cool mix to podcast with. I'm all for 995 01:02:44,040 --> 01:02:46,640 Speaker 1: crazy cool mikes. You know that, Yeah, let's do it. 996 01:02:46,920 --> 01:02:49,840 Speaker 1: We want to hear your thoughts on this. Have you 997 01:02:49,920 --> 01:02:53,280 Speaker 1: had experience with startup culture or have you had experience 998 01:02:53,320 --> 01:02:56,640 Speaker 1: with in Q tell Can you tell us about it? Uh, 999 01:02:56,720 --> 01:02:58,960 Speaker 1: whether or not you can't, we'd love to hear from you. 1000 01:02:59,040 --> 01:03:01,280 Speaker 1: We try to be easy to find online. That's right. 1001 01:03:01,320 --> 01:03:04,200 Speaker 1: You can find us on Facebook and Twitter where we're 1002 01:03:04,200 --> 01:03:07,479 Speaker 1: Conspiracy Stuff. You can also join our Facebook group Here's 1003 01:03:07,520 --> 01:03:09,720 Speaker 1: where it gets crazy. You can also find us on 1004 01:03:09,760 --> 01:03:13,080 Speaker 1: Instagram or We're Conspiracy Stuff show. Uh. You can also 1005 01:03:13,120 --> 01:03:15,640 Speaker 1: find us as individual human people. I'm just about only 1006 01:03:15,680 --> 01:03:19,120 Speaker 1: on Instagram. I am at how now Noel Brown And 1007 01:03:19,440 --> 01:03:22,880 Speaker 1: if you want to go to YouTube and watch videos, 1008 01:03:23,200 --> 01:03:26,479 Speaker 1: older videos, even their one on the CIA and Front 1009 01:03:26,560 --> 01:03:29,160 Speaker 1: companies or just front companies in general. But we mentioned 1010 01:03:29,160 --> 01:03:31,720 Speaker 1: the c I a head on over to YouTube dot 1011 01:03:31,760 --> 01:03:34,640 Speaker 1: com slash conspiracy Stuff. You can also watch videos of 1012 01:03:34,680 --> 01:03:38,120 Speaker 1: these conversations. They get put up every week. We hope 1013 01:03:38,160 --> 01:03:40,600 Speaker 1: you enjoy them. That We know they're a little different 1014 01:03:40,680 --> 01:03:43,040 Speaker 1: than the older videos that we used to make, but 1015 01:03:43,120 --> 01:03:45,760 Speaker 1: have no fear there's all kinds of stuff happening in 1016 01:03:46,160 --> 01:03:48,600 Speaker 1: in the background that you cannot see yet. We have 1017 01:03:48,640 --> 01:03:51,840 Speaker 1: our very own std w y t K labs, and 1018 01:03:52,600 --> 01:03:54,680 Speaker 1: there will be there will be new things to you. 1019 01:03:54,880 --> 01:03:58,000 Speaker 1: Is that your Instagram handle? Matt know that whole conversation 1020 01:03:58,120 --> 01:04:01,480 Speaker 1: is his Instagram. Got it on that whole sentence, but 1021 01:04:01,560 --> 01:04:05,160 Speaker 1: you can find it at std labs, I think, No, Nope, 1022 01:04:05,200 --> 01:04:08,880 Speaker 1: that's wrong. That's a different lab. Std labs is a 1023 01:04:08,960 --> 01:04:12,680 Speaker 1: different lab. We're they're doing good work, but it's not 1024 01:04:12,840 --> 01:04:15,120 Speaker 1: us doing that. Uh and yeah, we have to be 1025 01:04:15,160 --> 01:04:17,720 Speaker 1: a little in q tel right now about some things 1026 01:04:17,760 --> 01:04:20,720 Speaker 1: on the horizon, but hopefully they're all good news. Stay tuned. 1027 01:04:21,000 --> 01:04:22,800 Speaker 1: If you want to get a behind the scenes peak 1028 01:04:23,240 --> 01:04:29,880 Speaker 1: of my various misadventures or weird myopic research, then then 1029 01:04:29,880 --> 01:04:32,200 Speaker 1: find me app and bowl in hsw on Twitter or 1030 01:04:32,280 --> 01:04:36,120 Speaker 1: at ben Bowland bow l i n on Instagram. Guys, 1031 01:04:36,320 --> 01:04:40,280 Speaker 1: you're saying, I listened to your social media and big 1032 01:04:40,400 --> 01:04:44,280 Speaker 1: data episodes. Why are you still why? I'm not a 1033 01:04:44,320 --> 01:04:47,560 Speaker 1: social media person, you're saying to yourself, But I have 1034 01:04:47,720 --> 01:04:51,280 Speaker 1: to contact you. I have something very important to tell you. Well, 1035 01:04:51,800 --> 01:04:55,240 Speaker 1: you are in luck, fellow conspiracy realist. If you don't 1036 01:04:55,280 --> 01:04:58,440 Speaker 1: sip on the social media, you can still contact us directly. 1037 01:04:58,640 --> 01:05:01,680 Speaker 1: We have a phone number. That's right. Our number is 1038 01:05:01,720 --> 01:05:05,320 Speaker 1: one eight three three S T D W y t K. 1039 01:05:06,160 --> 01:05:09,200 Speaker 1: Find your favorite Google voice number. Oh there's Google again, 1040 01:05:09,520 --> 01:05:14,920 Speaker 1: or you know any kind of phone number obscuring app 1041 01:05:15,280 --> 01:05:17,280 Speaker 1: and give us a call, or just use your regular one. 1042 01:05:17,320 --> 01:05:19,600 Speaker 1: That's fine. But know that we can call you back 1043 01:05:19,840 --> 01:05:22,200 Speaker 1: if you call us. So when you do call, if 1044 01:05:22,240 --> 01:05:24,360 Speaker 1: you choose to call, please tell us what you'd like 1045 01:05:24,400 --> 01:05:26,200 Speaker 1: for us to refer to you as when we play 1046 01:05:26,200 --> 01:05:28,560 Speaker 1: your message. Let us know that we can play your message. 1047 01:05:28,720 --> 01:05:31,520 Speaker 1: Then leave your message. You have three minutes. You can 1048 01:05:31,520 --> 01:05:34,000 Speaker 1: do whatever you want with them. We do recommend that 1049 01:05:34,080 --> 01:05:37,040 Speaker 1: you only call one time and leave a message, and 1050 01:05:37,160 --> 01:05:39,200 Speaker 1: do keep it as brief as you possibly can. That 1051 01:05:39,240 --> 01:05:41,760 Speaker 1: will help us too as we go through them, and 1052 01:05:41,760 --> 01:05:43,920 Speaker 1: then it will increase your chances to get it on 1053 01:05:43,960 --> 01:05:46,160 Speaker 1: the air if you'd like it to be. And please 1054 01:05:46,200 --> 01:05:49,200 Speaker 1: don't call multiple times back to back to back, if 1055 01:05:49,720 --> 01:05:51,480 Speaker 1: just because it's difficult for us to go through all 1056 01:05:51,520 --> 01:05:54,240 Speaker 1: of that. If you've got a longer message, please send 1057 01:05:54,320 --> 01:05:57,880 Speaker 1: us a good old fashioned email. We are conspiracy at 1058 01:05:57,880 --> 01:06:18,800 Speaker 1: iHeart radio dot com. Stuff they Don't Want You to 1059 01:06:18,880 --> 01:06:21,640 Speaker 1: Know is a production of I Heart Radio. For more 1060 01:06:21,680 --> 01:06:24,439 Speaker 1: podcasts from my heart Radio, visit the i heart Radio app, 1061 01:06:24,520 --> 01:06:27,360 Speaker 1: Apple podcasts, or wherever you listen to your favorite shows.