Speaker 1: Hello, and welcome to another episode of The Markomas Show,
Speaker 1: where we're always talking about the decentralized revolution. We're talking
Speaker 1: about the way the world is changing, and we talk
Speaker 1: about it through the lens of politics, finance, and technology.
Speaker 1: As I always say every week, it's always technology that
Speaker 1: changes the world more than anything. Politics and finance change
Speaker 1: around technology, and so that is what we are going
Speaker 1: to be talking about today. We're going to dig in
Speaker 1: and we're going to talk about the dark truth about
Speaker 1: artificial intelligence, about AI, and we're going to talk about
Speaker 1: it how it is going to disrupt everything, yes, including finance,
Speaker 1: and yes, including politics. It's gonna disrupt all of those.
Speaker 1: So what we're going to cover today, we're going to
Speaker 1: talk about the history. You know, I love history. I'm
Speaker 1: going to take you back through the history of disruptive technologies.
Speaker 1: I'm going to show you that as many things that
Speaker 1: are new that are actually just old, so we can
Speaker 1: look at them from a historical lens. It's going to
Speaker 1: give us a lot more clarity as to what we're seeing
Speaker 1: and where we're going. We're going to look at some
Speaker 1: examples like sewing machines and electricity, and of course, yes,
Speaker 1: the Internet, each of those were disruptive technologies. We're gonna
Speaker 1: look at something known as Moore's Law and how it
Speaker 1: predicts how fast things change. And then we're gonna look
Speaker 1: at some recent inspiration behind this new tech and one
Speaker 1: of the biggest dangers and fears that I have of
Speaker 1: what's going on in the United States in regards to
Speaker 1: this new technology and where this takes us, specifically for
Speaker 1: my kids and my grandkids world. So we're gonna talk
Speaker 1: about all that. It's a big show. I got a
Speaker 1: very ambitious schedule, so stick with me. I'm gonna talk fast.
Speaker 1: Don't miss it. Now. If you miss any of it,
Speaker 1: don't worry. I got your back. You can check it
Speaker 1: out on the podcast. Just go to your favorite podcast
Speaker 1: player and search search the Mark Moss Show. Or you
Speaker 1: can go onto YouTube and you can watch me and
Speaker 1: you can listen at the same time. Just search for
Speaker 1: the channel Market Disruptors and you can watch me. There. Now,
Speaker 1: one more thing, if I could just ask, please, if
Speaker 1: you don't mind on your favorite podcast player, if you
Speaker 1: could just rate and review the show, that'd be greatfully
Speaker 1: helpful help show to reach more people. So please, if
Speaker 1: you could just take what is that a minute out
Speaker 1: of your day that would be greatly appreciated. All right,
Speaker 1: so let's dig into this, see how much value we
Speaker 1: can pack into here. But really let's go into some
Speaker 1: of the background. Like I said, I want to take
Speaker 1: you through this historical lens, because you know, those who
Speaker 1: don't know history are bound to repeat it. And so
Speaker 1: while a lot of this seems new and scary, it
Speaker 1: always seems new and scary, but yet somehow it's not.
Speaker 1: As a matter of fact, somehow it's actually much better.
Speaker 1: And so uncertainty is always scared because we're not certain
Speaker 1: of what that future looks like. But with the historical
Speaker 1: narrative that I'm about to spin, hopefully that makes you
Speaker 1: a lot more certain and a lot more confident, less
Speaker 1: scared about what's going to happen. So you know, we
Speaker 1: can look at a lot of this hysteria around what
Speaker 1: I'm calling like disruptive technology and see that, like I said,
Speaker 1: it's nothing new, and so disruptive technology uses something. I mean,
Speaker 1: it's disruptive, So that means it disrupts the old way
Speaker 1: to create a new way. It's what we call in technology,
Speaker 1: we call it creative destruct So one new creation destroys
Speaker 1: the old one, which is how it's supposed to work, right.
Speaker 1: So obviously the the best, you know, modern example of
Speaker 1: that is Kodak, the company that made film for cameras.
Speaker 1: You know, over a hundred year old company was disrupted
Speaker 1: by digital photography. And I'm sorry for Kodak, and you know,
Speaker 1: they were a hallmark of the United States, you know,
Speaker 1: kind of industrial world, and I'm sorry for the owners
Speaker 1: of that company and the people that worked at that company,
Speaker 1: but I'm so much happier that we have digital photos today.
Speaker 1: You know, if you were an old school film photographer,
Speaker 1: your career got disrupted because now with all the tools
Speaker 1: digital tools that we have, it made something that used
Speaker 1: to be very skilled and took a very skilled craftsman,
Speaker 1: and now people can duplicate it very easily with digital photos.
Speaker 1: So those people, those skilled photographers, and the people making
Speaker 1: the film, the people developing the film, they all got disrupted.
Speaker 1: They all lost their jobs. But me as a consumer,
Speaker 1: I'm sure you as a consumer as well, agree that
Speaker 1: most of the people benefited from that. So that sort
Speaker 1: of sets it up. Let's dig into a little bit
Speaker 1: of this. One of the things that if we look
Speaker 1: at as looking at sci fi movies. Sci fi movies
Speaker 1: are interesting because you know, they predict a lot of
Speaker 1: things about what the future would have or would hold,
Speaker 1: but not all those things ever really come true. Part
Speaker 1: of the reason why is because humans are no good
Speaker 1: at imagining the future. Humans can only really imagine better
Speaker 1: versions of what we have today. So we have cars,
Speaker 1: well of self driving cars, well flying cars, and they
Speaker 1: vision things like that, but they don't they can't envision
Speaker 1: something completely new because in order to get that something new,
Speaker 1: you have to have new set of building blocks. If
Speaker 1: you handed me a deck of cards, I could set
Speaker 1: up like a house of cards, like a TV right,
Speaker 1: Like I could build like a little lean to out
Speaker 1: of a couple of cards. If you gave me a
Speaker 1: set of las, I could build something completely different. And
Speaker 1: until I get those new set of building blocks, I
Speaker 1: can't even imagine building something different. And so that's what
Speaker 1: this technology does. Now. If we look at some you know,
Speaker 1: more recent movies in history, we can see, you know,
Speaker 1: the film Matrix, which is even though it's an old movie,
Speaker 1: I think it's from nineteen ninety nine, it's now whatever,
Speaker 1: twenty four years old. Thing. I'm old. It's an old movie,
Speaker 1: but you know, it still gets circulated a lot today
Speaker 1: because of the Red pill Blue pill. You know, in
Speaker 1: the movie, Neo took the red pill and he knew everything.
Speaker 1: The blue pill was he'd go back to sleep and
Speaker 1: didn't know anything. But in that movie. Really we've got
Speaker 1: to see like VR virtual reality, simulated reality, virtual reality,
Speaker 1: things like that, even though they didn't really come into
Speaker 1: commercial use until just recently. It's still sort of gaming
Speaker 1: gamings team however, Really that technology started in like the
Speaker 1: nineteen sixties. Of course, self driving cars, lots of movies
Speaker 1: have had those. The Minority Report in two thousand and
Speaker 1: two talked about self driving cars. One thing that's interesting
Speaker 1: when you think about these sci fi movies that kind
Speaker 1: of predict the future, they pretty much always predict a dark,
Speaker 1: dystopian world. It's not good. There's another movie called Demolition
Speaker 1: Man with Sylvester Stallone. He was like a police officer
Speaker 1: and he chased down a criminal. They both got put
Speaker 1: into like a cryo prison where they were basically frozen,
Speaker 1: and they came out, I don't know what it was
Speaker 1: fifty years later or something like that, and they woke
Speaker 1: up and didn't recognize the world and it was like
Speaker 1: around Los Angeles, and the world that they show that
Speaker 1: they woke up into is a world that I don't
Speaker 1: necessarily want, but it seems to be the world that
Speaker 1: we're going into. As a matter of fact, you know,
Speaker 1: you've all heard the world that Comic Forum talk about
Speaker 1: in twenty thirty you'll own nothing and be happy. And
Speaker 1: that's because the world that Comic Form put that out
Speaker 1: on their Twitter, they put it on their website. And
Speaker 1: really where that was inspired from was an article written
Speaker 1: by I believe it was Ida alcin I think it
Speaker 1: is her name, who's parliament member, I think for the
Speaker 1: Netherlands or Holland, one of those. I'm sorry, don't quote
Speaker 1: me on that. And now she's a big player in
Speaker 1: the world comic form. But she wrote this long article
Speaker 1: and it started out by saying, the year is twenty thirty.
Speaker 1: I own nothing, I have no privacy, and I've never
Speaker 1: been happier, or something like that. And she goes on
Speaker 1: to explain this article and talks about how she doesn't
Speaker 1: own anything and she just you know, goes around and
Speaker 1: wherever she needs. She just has a bed and she
Speaker 1: just sleeps there. And when she walks out on the
Speaker 1: street to go somewhere. A car just magically appears and
Speaker 1: takes her to where she wants to go. And there's
Speaker 1: this whole world where there's no privacy because even her
Speaker 1: dreams are being read, her brain activity is being fed
Speaker 1: into this giant AI cloud which always knows what she
Speaker 1: wants and always serves it up to her at the
Speaker 1: point that she needs it. And then she goes on
Speaker 1: to say, I feel bad for those people living outside
Speaker 1: the walls who don't have what we have. So she
Speaker 1: talks about like, really two classes of people, and there's
Speaker 1: a class of people that live outside of the walls
Speaker 1: that don't live in this technological she describes it as
Speaker 1: a utopia. I would describe it as a dystopia. But
Speaker 1: she describes these people that being outside the walls who
Speaker 1: don't have that she feels bad for them. But back
Speaker 1: to The Demolition Man the movie, that's exactly what they showed.
Speaker 1: You had this group of people who had no privacy
Speaker 1: and they lived in this technical dystopia in my opinion,
Speaker 1: and then you have these people that lived outside the walls,
Speaker 1: and technically in the movie, they lived underground and they
Speaker 1: didn't have any of those comforts. But they thought they
Speaker 1: were living much better. So anyway, very interesting that unfortunately
Speaker 1: all these movies kind of show this world. And I
Speaker 1: think part of it is because when you understand this technology,
Speaker 1: and more importantly, how this technology can be used not
Speaker 1: just for us but against us, it's very clear where
Speaker 1: human nature takes these things. Anyway, if you're just tuning in,
Speaker 1: you're listening to the Mark Mash Show. We're breaking down
Speaker 1: the technological revolution. We're going through history and bringing it
Speaker 1: forward all the way to today and where we're going.
Speaker 1: We're using history to tell us what is coming next.
Speaker 1: I'm gonna take a quick break. I'm gonna co back.
Speaker 1: We're going to talk about disruptive technology. I'm going to
Speaker 1: go back for five six hundred years and talk about
Speaker 1: different types of technology, how people were scared, what happened
Speaker 1: after that, and so much more. Then we'll get into
Speaker 1: the types of technology we have now that are disrupting
Speaker 1: things and the big danger that we have in the
Speaker 1: United States with this. So I'm gonna take a quick break.
Speaker 1: I'll be right back. Don't go away, I'll be right back.
Speaker 1: All right, Welcome back. If you're just tune in, you're
Speaker 1: listening to the Mark mass show, and of course, as
Speaker 1: always we're talking about the decentralized revolution, how technology is
Speaker 1: decentralizing the world, how the world is breaking apart driven
Speaker 1: by technology, but we look at it through politics, finance,
Speaker 1: and technology. But we're sitting here talking about technology specifically
Speaker 1: today and how technology has always changed things. Now we're
Speaker 1: witnessing another technological revolution right now, which means the course
Speaker 1: of humanity is going to change. And I think when
Speaker 1: you look at AI and virtual reality and you know bitcoin,
Speaker 1: you can see that like the world is changing. And
Speaker 1: to all those sci fi movies I was talking about
Speaker 1: before the break, it paints a world that looks a
Speaker 1: little bleak. I mean, just what you already know about
Speaker 1: AI and virtual reality, just extrapolate that to the future
Speaker 1: and think about what the future it looks like. I'm
Speaker 1: sure you guys saw the movie Ready Player one. Everybody
Speaker 1: sort of has that reality or that vision of the
Speaker 1: of the future being a reality, and it's pretty scary
Speaker 1: a bunch of people just living inside a box, just
Speaker 1: plugged into a virtual world all the time. Anyway, I
Speaker 1: want to go through some history so you can sort
Speaker 1: of understand that there's really nothing new. This is just
Speaker 1: the way it goes. So some disruptive technologies. Some examples
Speaker 1: of disruptive technologies. If we go back to fourteen fifty
Speaker 1: and fourteen fifty was a very pivotal year. We had
Speaker 1: the Protestant Reformation in the fifteen hundreds. But what's set
Speaker 1: down that reformation up was about seventy years earlier was
Speaker 1: a new technological revolution or a technology called the printing press.
Speaker 1: It was invented by Johannes Gutenberg, and the printing press
Speaker 1: made books cheaper and widely available. So up until that point,
Speaker 1: mostly the books that were there were The Bible was
Speaker 1: the biggest book as it stills today, and it had
Speaker 1: to be hand transcribed, so there weren't a lot of
Speaker 1: copies of books because you had to sit there and
Speaker 1: read it or write it one by one. But now
Speaker 1: the printing press allowed you to mass produce books, specifically
Speaker 1: the Bible, which then undermined the authority of the church
Speaker 1: and state, and so that was disruptive. It changed the world.
Speaker 1: Leaders at the time were using the control of information,
Speaker 1: controlling the narrative to push their agenda. They withheld information,
Speaker 1: lied about what the true information was in order to
Speaker 1: exert their power to maintain their grip of power. So
Speaker 1: that's how technology has been used. And then of course
Speaker 1: when people got the information for themselves, they said, wait
Speaker 1: a minute, you're lying to us. That's not what it says,
Speaker 1: and then they lost confidence in their leaders and it
Speaker 1: all fell Remember that, we'll come back to that. Seventeen
Speaker 1: twelve we had the steam engine, revolutionized the transportation industry,
Speaker 1: power trains and ships and all of that. We started
Speaker 1: having travel. It played a very pivotal role in the
Speaker 1: Industrial Revolution. Of course, we still move stuff around the
Speaker 1: world the same way today. In the early eighteen hundreds,
Speaker 1: eighteen thirty, eighteen forties, we had the telegraph and that
Speaker 1: allowed instantaneous communication over space, over long distances. So again
Speaker 1: technology changes the way that we work, organize, and communicate.
Speaker 1: So because now we could communicate instantaneously across long distances,
Speaker 1: then we could organize and work differently. So that was
Speaker 1: a massive disruptor. Now what was the communication channel before that, Well,
Speaker 1: it was a mail, snail mail, slow mail, ponymail. Right,
Speaker 1: you had to literally someone had to ride on a
Speaker 1: horse with a letter over a long distance, or put
Speaker 1: it on a ship and send it across the ocean
Speaker 1: to somebody to get that communication there and now they
Speaker 1: could have it instantly. So that was very disruptive to
Speaker 1: those people that were delivering mail. That whole mail industry
Speaker 1: was disrupted, and of course it was disrupted again with email. Electricity.
Speaker 1: Electricity late nineteenth century was pretty interesting and disrupted lots
Speaker 1: of things. One of which the very first application electricity
Speaker 1: was the light bulb was like a digital candle. And
Speaker 1: so what was disrupted, well, candles, As a matter of fact,
Speaker 1: you can find if you search on the internet, you
Speaker 1: can find like a letter from the candle Makers Association
Speaker 1: writing a letter saying that this electricity had to be
Speaker 1: controlled and censored and shut down because it was disrupting
Speaker 1: their candle making business. I mean, candles have been light
Speaker 1: for five thousand years. What do we need this electricity for?
Speaker 1: Electricity is dangerous? Why do we need these wires? And
Speaker 1: why do I need this big transformer in this big
Speaker 1: box that could electrocute somebody. That's dangerous that it costs
Speaker 1: too much money. I don't need that in my house.
Speaker 1: We don't know what the long term effects are of
Speaker 1: this electricity. Candles have been light for five thousand years, Well,
Speaker 1: it disrupted them. We can keep going. It was interesting.
Speaker 1: You might have heard the term Luddite, the Ludite movement.
Speaker 1: I wrote a book. I co wrote a book called
Speaker 1: The Uncommunist Manifesto, my co author Alex Fetzki. By the way,
Speaker 1: if you don't have that book, you should check it out.
Speaker 1: It's one some bestseller categories on Amazon. Just searched The
Speaker 1: Uncommunist Manifesto. It's like a book that you could read
Speaker 1: about hour hour and a half. Anyway, in that we
Speaker 1: referenced the Lueddite, and in full confession, I wasn't really
Speaker 1: even sure what that meant. I thought that was like
Speaker 1: a derogatory term that you call people, which it sort
Speaker 1: of is, but it has a historical grounding. And so
Speaker 1: in the early eighteen hundreds, the Luedites were a group
Speaker 1: of textile workers in England. And the reason why we
Speaker 1: famously refer to them as like idiots it's their stupid
Speaker 1: people or whatever, is because they were famous for their
Speaker 1: resistance to new technologies such as the power loom and
Speaker 1: the spinning frame. So they were creating textiles, but as
Speaker 1: soon as these machines came that could make textiles faster,
Speaker 1: they feared. These machines would make their skills obsolete and
Speaker 1: cost them their jobs. They were right, they did, but
Speaker 1: their response was to sabotage the machines. Their response was
Speaker 1: to stop this progression. We can't have this new technological
Speaker 1: innovation because it's gonna take away our jobs. Yes, it
Speaker 1: did take away their jobs. We saw the sewing machines
Speaker 1: eighteen fifty. Same thing. The seamstress is all feared for
Speaker 1: their livelihoods. It's going to replace us. They won't need
Speaker 1: our manual work anymore. What will we do? It turns
Speaker 1: out you'll do higher value tasks. So we can see this.
Speaker 1: The early nineteen hundreds we had automobiles, and newspapers were
Speaker 1: talking about how dangerous these automobiles were. Why do we
Speaker 1: need these things? They're noise, they're dangerous, they're going too
Speaker 1: fast down these streets. Horse and carts have been transportation
Speaker 1: for thousands of years. That's tried and true. We know
Speaker 1: what they are. We don't know what these cars are.
Speaker 1: These cars are dangerous. And so the point is is
Speaker 1: that you can see every single time a new technology
Speaker 1: is introduced, it disrupts an old way, and those people
Speaker 1: that are being disrupted don't like it, and so they
Speaker 1: fight against it, but for the majority of humanity it's beneficial.
Speaker 1: So I'm sorry for the horse and buggy manufacturers they
Speaker 1: lost their jobs. But I'm sure we all agree that
Speaker 1: we're happy that we have automobiles today, right, Maybe not everybody,
Speaker 1: not the ESG proponents. They're not happy about it anyway. Now,
Speaker 1: one of the ways we can see that the Internet
Speaker 1: has really changed things is one of my favorite books,
Speaker 1: a book I've talked about many times, and it's called
Speaker 1: The Sovereign individual I would highly recommend you reading this book,
Speaker 1: but I'm just going to warn you in advance. It
Speaker 1: is not an easy read. My book, The Uncommerce Manifesto
Speaker 1: is like a booklet. Like I said, it's like hour read.
Speaker 1: The Sovereign Individuals like I don't know. It's probably a
Speaker 1: ten or twelve hour read, is my guess, but it's
Speaker 1: highly worth it. I would recommend it if you really
Speaker 1: want to know how things change and where we're going.
Speaker 1: But they talked about in this book, and it was
Speaker 1: written in like nineteen ninety seven, so it's very prophetic
Speaker 1: where we're at today. They talked about how this this
Speaker 1: digital revolution would lead to a world where where the
Speaker 1: individual would gain more power at the expense of nation states.
Speaker 1: The Internet would allow us to now move freely around
Speaker 1: the world, work from anywhere, communicate without the centralized control
Speaker 1: of a nation state. And so then as we remove
Speaker 1: ourselves from their dependency, they lose power. So highly recommend
Speaker 1: that the sovereign individual and the Internet has created us
Speaker 1: as sovereign individuals. Now, if you're just tuned in, you're
Speaker 1: listening to the Mark mass Show, we're talking about the
Speaker 1: decentralized revolution of the world is changing and how technology
Speaker 1: is driving that change. I'm going to take a very
Speaker 1: quick break, but I'm going to come back and talk
Speaker 1: about this law that shows us how the world has
Speaker 1: changed at what speed, and then we'll talk about some
Speaker 1: of the dangers that we have. I'll be back with
Speaker 1: more in a minute. Don't go away, bear back. All right,
Speaker 1: welcome back. If you're just tune in and you're listening
Speaker 1: to the Mark Mos Show, we've been talking about how
Speaker 1: this technology is changing the world. As I talk about
Speaker 1: each and every week, the decentralized revolution, how the world's
Speaker 1: breaking apart, and we've I kind of took you through
Speaker 1: the history and now let's talk more about where this
Speaker 1: is going. So there's something known as Moore's law. In
Speaker 1: nineteen sixty five, a person named Gordon Moore, who was
Speaker 1: the co founder of Intel. You've probably heard of them
Speaker 1: Intel microchips, I'm sure, and he observed that the number
Speaker 1: of transistors on a microchip doubled approximately every two years,
Speaker 1: while the cost of the computers have So we doubled
Speaker 1: the production of the chip, doubled the transistors, but reduced
Speaker 1: the cost in half. So what this basically means is
Speaker 1: that technology gets faster and it gets cheaper over time.
Speaker 1: And this is how true. It's been over fifty years,
Speaker 1: and this what's been happening. So we have this exponential
Speaker 1: growth because it doubles, so you go from one to two,
Speaker 1: but then you go from two to four, and from
Speaker 1: four to eight, and from eight to sixteen, sixteen to
Speaker 1: thirty two, and then from six thirty two to sixty four,
Speaker 1: and like it starts doubling, and those last couple doubles
Speaker 1: get really really really big. As it starts getting cheaper
Speaker 1: and cheaper and cheaper, it allows things to get smaller
Speaker 1: and smaller and smaller. Think about like you know, in
Speaker 1: the sixties when they launched the space shuttle, NASA AD.
Speaker 1: You know, entire buildings that were a big computer, and
Speaker 1: today the iPhone is more powerful than that entire building
Speaker 1: of a computer at the time. So it gets better, faster,
Speaker 1: more powerful, it gets cheaper, and it gets smaller at
Speaker 1: the same time. So that's what's happening. And like I said, today,
Speaker 1: we have a few new technologies I believe this next
Speaker 1: technological revolution, and I think those are artificial intelligence and
Speaker 1: really bitcoin decentralized ledger technology. So we have artificial intelligence,
Speaker 1: which is really it's a sort of a subset or
Speaker 1: maybe a continuation of what we've been doing for a while,
Speaker 1: which is machine learning, where machines can learn and then
Speaker 1: they can improve upon themselves. So we're starting to see that.
Speaker 1: We're starting to see a lot of potential use cases
Speaker 1: and really disruptive use cases that are happening. Look no further.
Speaker 1: I mean I'm in southern California, Look no further than
Speaker 1: up the road for me in Hollywood, and we have
Speaker 1: actors on strike. We're going to talk about that in
Speaker 1: a second. But we can see, you know, these algorithms.
Speaker 1: We have these social media platforms that recommend content we
Speaker 1: should watch Netflix movies, weh watch YouTube videos we should watch,
Speaker 1: and that's sort of like a machine learning. It's an
Speaker 1: algorithm that learns what I like and it serves those
Speaker 1: things up to me. Of course, like I said, bitcoin
Speaker 1: is now a new way for us to send value
Speaker 1: over time and space that's not controlled by essential entity.
Speaker 1: So now I can move packets of value bitcoin like money,
Speaker 1: and it can be sent from me to you peer
Speaker 1: to peer without going through a YouTube or a Google
Speaker 1: or Facebook or something like that. That is very disruptive
Speaker 1: as well. And so these are things that are changing.
Speaker 1: These are the things that are upon us right now now.
Speaker 1: Like I said, there's always potential dangers, or at least
Speaker 1: there's always perceived potential dangers, because we're scared of what
Speaker 1: this new technology could do. We're scared of what this
Speaker 1: new technology is replacing. And people are scared because their
Speaker 1: jobs are in danger and they're going to have to
Speaker 1: learn to do something new. So, for example, in the
Speaker 1: Industrial Revolution, before the Industrial Revolution in the late seventeen hundreds,
Speaker 1: everybody worked on farms and in like a cottage industry. Now,
Speaker 1: when the machines were made, a machine could do the
Speaker 1: work of five thousand men. But what would those five
Speaker 1: thousand men do well. Turns out things like science and
Speaker 1: medicine higher value tasks. I've been going down to Mexico
Speaker 1: and Central America for many, many decades down there surfing.
Speaker 1: They got great waves, and I love the food and
Speaker 1: the people. And I've been on Nicaragua a couple times.
Speaker 1: Nicaragua is very, very poor. You still have people getting
Speaker 1: around on like oxen and carts and stuff like that
Speaker 1: down there. And where I like to go is about
Speaker 1: a three hour drive from the airport where you fly in.
Speaker 1: And every time I go back, like they're still working
Speaker 1: on this same road, and it's like years in between, right,
Speaker 1: Like they're still working, and like they're literally like putting
Speaker 1: like brick by brick by brick on there, like like
Speaker 1: hand pavers, right. And I asked the guy, I'm like
Speaker 1: the guy that was driving back and forth, and I'm like,
Speaker 1: can't they just get like a tractor in here and
Speaker 1: just like grade this whole thing and pave it? And
Speaker 1: he said, yeah, But then what are all these people
Speaker 1: going to do? You See, it's always the same thing
Speaker 1: that we hear all the time. So we have the
Speaker 1: Luddites who are afraid of being replaced. But then we
Speaker 1: also have the fearmongers worried about what this could do. Now.
Speaker 1: Of course, part of it also stems at least you know,
Speaker 1: part of my concerns today are not so much afraid
Speaker 1: of the technology, but really my fears revolve around who
Speaker 1: controls the technology and uses the technology against us. So
Speaker 1: I want the convenience. I want the benefit of the technology.
Speaker 1: I grew up as a kid watching like the cartoon
Speaker 1: The Jetsons, and they lived in space and they had
Speaker 1: a robot that would clean the house and they could
Speaker 1: talk to their house and it would do everything for them.
Speaker 1: Like I want that, Like what was it an iron
Speaker 1: Man he had? Like Jarvis? Like I want Jarvis. I
Speaker 1: want to talk to my house and have to do
Speaker 1: everything for me. Hey, start my coffee, shut the blind,
Speaker 1: turn the t beyond like I want that. What I
Speaker 1: don't want is Amazon Alexa to do it for me,
Speaker 1: because Amazon listens to all my conversations and steals my
Speaker 1: data and weaponizes it against me. So I want the technology.
Speaker 1: I want the convenience of the technology, the benefit of it.
Speaker 1: I don't want it used against me. But unfortunately that's
Speaker 1: the battle that I see. Now. Some of this we
Speaker 1: can see again. Going back to these movies show us
Speaker 1: where this inevitably goes. One of the most famous books
Speaker 1: and examples of this is George Orwell's nineteen eighty four,
Speaker 1: which was written I don't know what is that seventy
Speaker 1: eighty years ago, before any of this technology was there. However,
Speaker 1: if you go read it today, it's like, this is
Speaker 1: what happened. I was flying last week and the guy
Speaker 1: sitting behind me had the book and I was like, Oh,
Speaker 1: that's a great book. And then he's like, oh, yeah,
Speaker 1: it's scary. I said, I know. It was not meant
Speaker 1: to be an instruction manual. It was meant to be
Speaker 1: a warning, but it seems like it was instruction manager.
Speaker 1: They've done that exactly, and some of the things they
Speaker 1: talked about in the book are the things that we
Speaker 1: have today, such as facial recognition, data mining tools and
Speaker 1: basically what China has done. China has created a surveillance
Speaker 1: state using a network of surveillance cameras everywhere, facial recognition technology,
Speaker 1: data collection, and our own US companies are on board
Speaker 1: with that. You know, Google, Facebook do the same thing.
Speaker 1: I just flew in from space a week ago, and
Speaker 1: when I went through customs. I'm a frequent traveler, so
Speaker 1: I have a Global Entry so that means I'm in
Speaker 1: a database and I'm approved, which means I get through
Speaker 1: the border faster because I've taken the time to go
Speaker 1: through this extra screening. And when I went through Global Entry,
Speaker 1: I didn't even have to pull my passport out as
Speaker 1: I walked through the line. It just grabbed my face
Speaker 1: and approved me and allowed me to go through. Was
Speaker 1: pretty interesting. But this is the technology that was talked
Speaker 1: about nineteen eighty four. It's being used, it's being weaponized
Speaker 1: against people in China, and we're having it today. In
Speaker 1: the movie Minority Report with Tom Cruise, there was a
Speaker 1: lot of things in that movie that have come to pass,
Speaker 1: specifically retinal scanning, which we see all over the news
Speaker 1: today with this world coin. We'll talk more about that later,
Speaker 1: but they had something called pre crime, and basically the
Speaker 1: premise of that movie was that we were going to
Speaker 1: try to catch people before they did the crime, so
Speaker 1: then they they didn't do the crime. Problem is, in
Speaker 1: the United States, we have something called a rule of law,
Speaker 1: this a pesky rule of law, and that is that
Speaker 1: you're innocent until proven guilty. So just because you potentially
Speaker 1: might could maybe one day potentially do something criminally. It
Speaker 1: doesn't mean you are a criminal today. But the purmise
Speaker 1: of that movie is that we could catch him before
Speaker 1: they did that. But now we see that. Now we
Speaker 1: see predictive policing software like preadpole. It uses historical crime
Speaker 1: data to predict where crimes are likely to occur. Right,
Speaker 1: it raises all types of ethical concerns, But yet we're
Speaker 1: seeing it. We're seeing it being used in LA for
Speaker 1: parking tickets, We're seeing it being used for predicting driving patterns.
Speaker 1: You know, recently in New York they managed to identify
Speaker 1: and apprehend a drug trafficker seemingly by magic, but it
Speaker 1: wasn't magic. Instead, it was through AI and surveillance and
Speaker 1: they were able to find him and apprehend him. So
Speaker 1: we're seeing this case after case after case of it
Speaker 1: being used against us. Of course, like I said, China
Speaker 1: social credit CORSE system is the biggest case of that yet.
Speaker 1: But I want to talk about where this is going.
Speaker 1: I want to talk about some of the policies that
Speaker 1: are being put into place that I think are very
Speaker 1: very dangerous, specifically dangerous because of like being the luedite
Speaker 1: preventing this progress from happening that we need it. If
Speaker 1: you're just tuning in, you're listening to the Mark Maas Show.
Speaker 1: Of course, as always talking about the way the world
Speaker 1: is changing, as it's breaking apart through the lens of politics, finance,
Speaker 1: and technology, but we're honing in on the technology piece today.
Speaker 1: Somebody to come back. I'm going to talk about some
Speaker 1: of the policies, some of the problems, some of the
Speaker 1: dangers there that I see, and where I think this
Speaker 1: is going. You don't want to miss it. I'll be
Speaker 1: back with all that and more in just a second.
Speaker 1: Don't go away. I'll be your backup. All right, welcome back.
Speaker 1: If you're just tune in, you're listening to the Mark
Speaker 1: Maas Show, and we're talking about disruptive technology. We're talking
Speaker 1: about how the world is changing, and we're talking about
Speaker 1: how technology is driving that change. And of course we've
Speaker 1: been recapping all the way back from the fourteen hundreds
Speaker 1: and recapping all the technology that has change the world,
Speaker 1: how people have always been fearing it and fighting it,
Speaker 1: and how it's actually been a net positive, and how
Speaker 1: we're witnessing a new technological revolution and people are also
Speaker 1: fearing and fighting it, and if history is any indication,
Speaker 1: it's going to be a very good thing for us
Speaker 1: after we get over the fear. But the problem is
Speaker 1: one thing I would say real quick. First of all,
Speaker 1: if you've missed any of that, you missed a lot.
Speaker 1: But go catch me on the podcast. Just search the
Speaker 1: Mark Mas Show and a favorite podcast player, or go
Speaker 1: to YouTube under Market Disruptors and you can watch me there.
Speaker 1: You can tune into that. But what i'd say is
Speaker 1: that one thing is that the world has changed. And
Speaker 1: of course you obviously know that, but what I mean
Speaker 1: more specifically is we live in a much different time.
Speaker 1: So for example, you know, when the Industrial Revolution happened,
Speaker 1: everybody lived on the farms in the cottage industry. And
Speaker 1: then when the factories were made and we had machines
Speaker 1: that could do the work of five thousand men, it
Speaker 1: displaced a lot of jobs. It did when the car,
Speaker 1: when electricity came, it displaced a lot of jobs. All
Speaker 1: the candle makers were put out of jobs. When the
Speaker 1: automobile was made, it displaced a lot of jobs. All
Speaker 1: the buggy makers were put out of work. So technology
Speaker 1: always displaces, it always gets rid of it. Destroys cbstruction,
Speaker 1: It destroys those old ways. What do those people do
Speaker 1: once they lose their jobs, Well, it turns out they
Speaker 1: do something else. They learn a new skill and they
Speaker 1: do something else. Computers are going to put everyone out
Speaker 1: of work, Well they put up. They put a lot
Speaker 1: of people out of work, but they created a bunch
Speaker 1: of new jobs. The reason why I think we're a
Speaker 1: little bit different today is because I'm trying to think
Speaker 1: of the best way to say it. I'm just gonna
Speaker 1: say it. I'll be blunt, because we have a bunch
Speaker 1: of people that are uncapable, incapable of taking care of themselves.
Speaker 1: We have created a welfare state, and we've created a
Speaker 1: society that continually takes blame away, or actually say takes
Speaker 1: responsibility away, takes agency away from individuals and tells them
Speaker 1: it's not your fault. You can't get ahead. You're gay,
Speaker 1: you're you're a woman, you're a minority, or technology, whatever
Speaker 1: it may be, it's not your fault. There's nothing you
Speaker 1: can do. You need me, the state, to now come
Speaker 1: in and take care of you. I'll give you welfare,
Speaker 1: I'll give you a house, I'll give you food, I'll
Speaker 1: give you now it's called UBI universal Basic income. So
Speaker 1: now people are arguing that we need universal basic income
Speaker 1: because AI is going to replace so many jobs. There
Speaker 1: won't be enough jobs to do, and so what will
Speaker 1: these people do. Well, we must give them UBI. That
Speaker 1: means the government should just pay everybody to not work
Speaker 1: and that will solve the problem. But you see in
Speaker 1: times past, when the industrial revolution took out the farmers
Speaker 1: and the candlemakers were lost their jobs and the buggy
Speaker 1: makers lost their jobs, we didn't have that welfare state,
Speaker 1: and so people had to go learn a new skill.
Speaker 1: Like I said, computers got rid of lots of jobs,
Speaker 1: but they created lots of jobs. AI is going to
Speaker 1: get rid of lots of jobs. It's going to create
Speaker 1: a lot of jobs. That's how it works. The problem
Speaker 1: is is that people have to go shoot, I should
Speaker 1: learn a new skill, and that's going to take some effort,
Speaker 1: and I don't know if I want to do effort.
Speaker 1: If the government's just going to pay me to do nothing,
Speaker 1: then I should just do that. And so I do
Speaker 1: believe we're in a different place today, although it's always
Speaker 1: been the case, we're in a different place to day
Speaker 1: because people the way that society is set up today.
Speaker 1: We don't have people that take personal responsibility because society
Speaker 1: tells them not to, which is why unfortunately you have
Speaker 1: people like you know, Jordan Peterson or Andrew Tate being
Speaker 1: demonized when they tell people to be strong, take personal responsibility.
Speaker 1: It's up to you to make your life better. I
Speaker 1: was just a couple of days ago, I was out
Speaker 1: in Arizona in Phoenix, Arizona with Robert Kiyosaki, and I
Speaker 1: met with another girl afterwards, this girl Anne, who I'm
Speaker 1: going to have on the show here soon. Anne Atkinson.
Speaker 1: Shout out to Anne and she worked for Arizona State
Speaker 1: University and she hosted an event at Arizona State University
Speaker 1: called Health, Wealth and Happiness. She'd been there for a
Speaker 1: couple years. She's a very successful business person, and she
Speaker 1: decided to now since she's achieved some success. She was
Speaker 1: working at her alma mater to run business programs for
Speaker 1: free to help students make it in the real world,
Speaker 1: and she would teach things like personal responsibility and how
Speaker 1: to use credit and things like that. So she decided
Speaker 1: to have this event at Arizona State University called Health,
Speaker 1: Wealth and Happiness. Oh my gosh, how dare you teach
Speaker 1: people about those things? And this school came out and
Speaker 1: just raged against this, tried to shut down the event.
Speaker 1: Boycotted it like thirty seven out of like forty five
Speaker 1: something like that of the school board. Faculty wrote letters
Speaker 1: trying to stop it. They had protests trying to block it.
Speaker 1: How dare you talk about health, wealth and happiness. Wow,
Speaker 1: that's scary. That's where we're at. I'm going to have
Speaker 1: her on We're going to talk about that more in detail.
Speaker 1: But anyway, so this is where the world is at.
Speaker 1: And what's scary about this is we have at a
Speaker 1: time like the Luddites, how stupid they look. Today the
Speaker 1: seamstresses looks stupid trying to stop the sewing machine. We
Speaker 1: have the same thing today, and even worse, we have
Speaker 1: politicians in the United States that are making laws and
Speaker 1: rules and regulations. They're luod Heites, and they're so old
Speaker 1: they don't even know what they're talking about. So I'm
Speaker 1: sorry if you're a great grandparent, I'm sorry if you're
Speaker 1: seventy or eighty. I don't mean it offensively, but you know,
Speaker 1: when you're eighty nine years old or eighty four years old,
Speaker 1: you just don't understand technology like a eighteen or twenty
Speaker 1: year old, you just don't. The eighteen and twenty year
Speaker 1: old just grew up with it. Like my daughter just
Speaker 1: went around and she was a kid, every screen was
Speaker 1: a touch screen. She thought she would always try and
Speaker 1: touch screens, so that she just thought that's how it was.
Speaker 1: So they grow up with it. It's native for them,
Speaker 1: and when you're eighty, it's just not and you just
Speaker 1: haven't spent the time, not that you're not capable of learning,
Speaker 1: just haven't spent the time doing it. But the problem
Speaker 1: is is that we have our leaders that are that
Speaker 1: old who don't understand this technology, the lud heightes, and
Speaker 1: they're trying to pass laws to prevent it from happening.
Speaker 1: And that is what's going to affect my kids and
Speaker 1: my grandkids. The policy making a round disruptive tech is
Speaker 1: the problem. And when the Internet happened, they actually passed laws, literally,
Speaker 1: the US passed laws to allow the Internet to happen,
Speaker 1: and they gave it immunity from lawsuits and taxes and
Speaker 1: things like that so it could flourish and grow. But
Speaker 1: now they're taking the opposite stance. Now they're trying to
Speaker 1: pass laws to stop it instead of passing laws to
Speaker 1: allow it, or they pass laws to prevent other people
Speaker 1: from stopping it. Now they want to pass laws to
Speaker 1: stop it. In the United States, the Vice President Kamala Harris,
Speaker 1: the person who literally can't even put a coherent sentence together. Literally,
Speaker 1: And I'm sorry, but watch some of our videos you
Speaker 1: know what I'm talking about. She's in charge of AI
Speaker 1: she's the AI zar. Like the person who can't even
Speaker 1: put a sentence together. We have, you know, President Biden
Speaker 1: who's eighty years old and who can't even walk up
Speaker 1: a set of stairs and can't even put a sentence together,
Speaker 1: like literally. And I just spent almost four weeks in
Speaker 1: Europe traveling, and I can tell you what the world thinks.
Speaker 1: They are not brainwashed like Americans. They all understand that
Speaker 1: we have a president that can't speak, that's lost his mind.
Speaker 1: And it's sad. It's sad my grandfather did and it's
Speaker 1: sad to watch. But that's where we're at. But it's
Speaker 1: not just them. Yesterday we had Mitch McConnell, who's one
Speaker 1: of the top people in Congress, making a statement, a
Speaker 1: public statement, and right in the middle of the statement
Speaker 1: just froze up. He just stopped talking and all of
Speaker 1: a sudden just like lost his mind. I don't know
Speaker 1: if he had a stroke, like literally while it was
Speaker 1: happening or what. He just stood there like a train
Speaker 1: was about to hit him with his eyes wide open,
Speaker 1: and they had to come grab him and take him
Speaker 1: off the stage. We have Dianne Feinstein. She's ninety years old.
Speaker 1: She disappeared, nobody knew where she was. She was in
Speaker 1: the hospital. Well, she needs to step down from her post.
Speaker 1: They brought her back and you can see videos of
Speaker 1: them wheeling her in her wheelchair, and she has no
Speaker 1: idea where she's at or what's going on, no idea,
Speaker 1: no idea at all. But yet they're pretending like weekend
Speaker 1: at Bernie's, like she's still there. And there was a
Speaker 1: clip yesterday of them holding a vote and they said,
Speaker 1: say I so they told her, and she just repeated
Speaker 1: what they said. She had no idea what she's voting on.
Speaker 1: Mitch McConnell eighty one, Joe Biden eighty, Nancy Pelosi eighty three,
Speaker 1: Maxine Waters, Head of the Financial Committee eighty four, Chuck
Speaker 1: Grassley eighty nine. Dianne Feinstein ninety years old. I mean,
Speaker 1: we got you know, klau Schwab eighty five, and these
Speaker 1: are the ones passing these rules. And that's a big problem,
Speaker 1: a big problem. So certainly we need term limits. Certainly
Speaker 1: we need the average age of US fortune five hundred
Speaker 1: CEO is fifty seven years old. Fifty seven. We need
Speaker 1: to have a real serious conversation in this country about
Speaker 1: that because we have very disruptive technology coming. It's going
Speaker 1: to change the world in more ways than we know it.
Speaker 1: It's going to be very dangerous in the wrong hands.
Speaker 1: It would be very beneficial for most of humanity if
Speaker 1: we do it right. However, with the policymakers that we
Speaker 1: have in place, the led Heites of today, it could
Speaker 1: be very dangerous. I'd love to know what you have
Speaker 1: to think about that though, because it's a big deal now.
Speaker 1: Like I said, I'd love to hear what you have
Speaker 1: to think about this episode. Leave me a review, Please
Speaker 1: send me a comment on social media at one Mark Moss,
Speaker 1: ask me your question, tell me what you're thinking. I'd
Speaker 1: love to connect with you. And that's what I got.
Speaker 1: Thanks so much for listening.