WEBVTT - The Dark Truth About AI 0:00:00.680 --> 0:00:03.560 Hello, and welcome to another episode of The Markomas Show, 0:00:03.600 --> 0:00:06.800 where we're always talking about the decentralized revolution. We're talking 0:00:06.800 --> 0:00:09.680 about the way the world is changing, and we talk 0:00:09.680 --> 0:00:12.680 about it through the lens of politics, finance, and technology. 0:00:12.680 --> 0:00:15.000 As I always say every week, it's always technology that 0:00:15.120 --> 0:00:18.840 changes the world more than anything. Politics and finance change 0:00:18.880 --> 0:00:21.480 around technology, and so that is what we are going 0:00:21.520 --> 0:00:24.200 to be talking about today. We're going to dig in 0:00:24.200 --> 0:00:27.120 and we're going to talk about the dark truth about 0:00:27.240 --> 0:00:30.640 artificial intelligence, about AI, and we're going to talk about 0:00:30.640 --> 0:00:34.159 it how it is going to disrupt everything, yes, including finance, 0:00:34.240 --> 0:00:38.199 and yes, including politics. It's gonna disrupt all of those. 0:00:38.200 --> 0:00:39.559 So what we're going to cover today, we're going to 0:00:39.560 --> 0:00:41.800 talk about the history. You know, I love history. I'm 0:00:41.800 --> 0:00:45.240 going to take you back through the history of disruptive technologies. 0:00:45.280 --> 0:00:48.239 I'm going to show you that as many things that 0:00:48.280 --> 0:00:51.239 are new that are actually just old, so we can 0:00:51.280 --> 0:00:52.680 look at them from a historical lens. It's going to 0:00:52.720 --> 0:00:54.520 give us a lot more clarity as to what we're seeing 0:00:54.560 --> 0:00:56.480 and where we're going. We're going to look at some 0:00:56.600 --> 0:01:00.840 examples like sewing machines and electricity, and of course, yes, 0:01:00.920 --> 0:01:03.800 the Internet, each of those were disruptive technologies. We're gonna 0:01:03.840 --> 0:01:07.280 look at something known as Moore's Law and how it 0:01:07.440 --> 0:01:10.920 predicts how fast things change. And then we're gonna look 0:01:10.920 --> 0:01:14.880 at some recent inspiration behind this new tech and one 0:01:14.920 --> 0:01:16.959 of the biggest dangers and fears that I have of 0:01:17.000 --> 0:01:19.679 what's going on in the United States in regards to 0:01:19.720 --> 0:01:22.800 this new technology and where this takes us, specifically for 0:01:22.840 --> 0:01:24.840 my kids and my grandkids world. So we're gonna talk 0:01:24.880 --> 0:01:26.839 about all that. It's a big show. I got a 0:01:26.959 --> 0:01:30.199 very ambitious schedule, so stick with me. I'm gonna talk fast. 0:01:30.600 --> 0:01:33.560 Don't miss it. Now. If you miss any of it, 0:01:33.800 --> 0:01:35.480 don't worry. I got your back. You can check it 0:01:35.520 --> 0:01:37.400 out on the podcast. Just go to your favorite podcast 0:01:37.440 --> 0:01:41.600 player and search search the Mark Moss Show. Or you 0:01:41.640 --> 0:01:43.760 can go onto YouTube and you can watch me and 0:01:43.800 --> 0:01:45.880 you can listen at the same time. Just search for 0:01:45.959 --> 0:01:49.400 the channel Market Disruptors and you can watch me. There. Now, 0:01:49.720 --> 0:01:53.800 one more thing, if I could just ask, please, if 0:01:53.800 --> 0:01:56.640 you don't mind on your favorite podcast player, if you 0:01:56.640 --> 0:01:58.920 could just rate and review the show, that'd be greatfully 0:01:58.920 --> 0:02:02.880 helpful help show to reach more people. So please, if 0:02:02.880 --> 0:02:05.240 you could just take what is that a minute out 0:02:05.240 --> 0:02:07.720 of your day that would be greatly appreciated. All right, 0:02:07.760 --> 0:02:10.200 so let's dig into this, see how much value we 0:02:10.200 --> 0:02:12.760 can pack into here. But really let's go into some 0:02:12.960 --> 0:02:14.600 of the background. Like I said, I want to take 0:02:14.600 --> 0:02:16.960 you through this historical lens, because you know, those who 0:02:16.960 --> 0:02:18.640 don't know history are bound to repeat it. And so 0:02:18.760 --> 0:02:21.640 while a lot of this seems new and scary, it 0:02:21.680 --> 0:02:25.440 always seems new and scary, but yet somehow it's not. 0:02:25.760 --> 0:02:28.400 As a matter of fact, somehow it's actually much better. 0:02:28.960 --> 0:02:31.760 And so uncertainty is always scared because we're not certain 0:02:32.000 --> 0:02:34.840 of what that future looks like. But with the historical 0:02:34.919 --> 0:02:37.400 narrative that I'm about to spin, hopefully that makes you 0:02:37.440 --> 0:02:40.880 a lot more certain and a lot more confident, less 0:02:40.880 --> 0:02:42.680 scared about what's going to happen. So you know, we 0:02:42.720 --> 0:02:46.040 can look at a lot of this hysteria around what 0:02:46.080 --> 0:02:49.480 I'm calling like disruptive technology and see that, like I said, 0:02:49.480 --> 0:02:53.160 it's nothing new, and so disruptive technology uses something. I mean, 0:02:53.200 --> 0:02:56.560 it's disruptive, So that means it disrupts the old way 0:02:56.760 --> 0:02:58.960 to create a new way. It's what we call in technology, 0:02:58.960 --> 0:03:03.440 we call it creative destruct So one new creation destroys 0:03:03.680 --> 0:03:06.919 the old one, which is how it's supposed to work, right. 0:03:07.280 --> 0:03:11.240 So obviously the the best, you know, modern example of 0:03:11.280 --> 0:03:14.239 that is Kodak, the company that made film for cameras. 0:03:14.280 --> 0:03:18.280 You know, over a hundred year old company was disrupted 0:03:18.440 --> 0:03:23.360 by digital photography. And I'm sorry for Kodak, and you know, 0:03:23.480 --> 0:03:26.360 they were a hallmark of the United States, you know, 0:03:26.400 --> 0:03:29.000 kind of industrial world, and I'm sorry for the owners 0:03:29.040 --> 0:03:30.920 of that company and the people that worked at that company, 0:03:31.240 --> 0:03:34.560 but I'm so much happier that we have digital photos today. 0:03:35.640 --> 0:03:38.520 You know, if you were an old school film photographer, 0:03:38.920 --> 0:03:41.880 your career got disrupted because now with all the tools 0:03:42.000 --> 0:03:45.000 digital tools that we have, it made something that used 0:03:45.000 --> 0:03:47.840 to be very skilled and took a very skilled craftsman, 0:03:48.240 --> 0:03:50.600 and now people can duplicate it very easily with digital photos. 0:03:50.600 --> 0:03:53.400 So those people, those skilled photographers, and the people making 0:03:53.480 --> 0:03:58.320 the film, the people developing the film, they all got disrupted. 0:03:58.520 --> 0:04:02.000 They all lost their jobs. But me as a consumer, 0:04:02.040 --> 0:04:04.320 I'm sure you as a consumer as well, agree that 0:04:05.000 --> 0:04:08.120 most of the people benefited from that. So that sort 0:04:08.120 --> 0:04:09.640 of sets it up. Let's dig into a little bit 0:04:09.680 --> 0:04:12.960 of this. One of the things that if we look 0:04:12.960 --> 0:04:18.559 at as looking at sci fi movies. Sci fi movies 0:04:18.560 --> 0:04:20.719 are interesting because you know, they predict a lot of 0:04:20.720 --> 0:04:23.360 things about what the future would have or would hold, 0:04:24.160 --> 0:04:26.599 but not all those things ever really come true. Part 0:04:26.600 --> 0:04:29.680 of the reason why is because humans are no good 0:04:29.720 --> 0:04:34.520 at imagining the future. Humans can only really imagine better 0:04:34.720 --> 0:04:37.960 versions of what we have today. So we have cars, 0:04:38.640 --> 0:04:42.640 well of self driving cars, well flying cars, and they 0:04:43.000 --> 0:04:45.760 vision things like that, but they don't they can't envision 0:04:46.000 --> 0:04:48.120 something completely new because in order to get that something new, 0:04:48.160 --> 0:04:50.640 you have to have new set of building blocks. If 0:04:50.640 --> 0:04:53.479 you handed me a deck of cards, I could set 0:04:53.560 --> 0:04:55.880 up like a house of cards, like a TV right, 0:04:55.920 --> 0:04:57.480 Like I could build like a little lean to out 0:04:57.480 --> 0:04:59.440 of a couple of cards. If you gave me a 0:04:59.480 --> 0:05:03.480 set of las, I could build something completely different. And 0:05:03.560 --> 0:05:05.480 until I get those new set of building blocks, I 0:05:05.480 --> 0:05:07.919 can't even imagine building something different. And so that's what 0:05:07.960 --> 0:05:11.320 this technology does. Now. If we look at some you know, 0:05:12.160 --> 0:05:14.440 more recent movies in history, we can see, you know, 0:05:14.480 --> 0:05:17.600 the film Matrix, which is even though it's an old movie, 0:05:17.640 --> 0:05:19.880 I think it's from nineteen ninety nine, it's now whatever, 0:05:19.960 --> 0:05:23.760 twenty four years old. Thing. I'm old. It's an old movie, 0:05:23.760 --> 0:05:25.839 but you know, it still gets circulated a lot today 0:05:25.839 --> 0:05:28.120 because of the Red pill Blue pill. You know, in 0:05:28.480 --> 0:05:30.679 the movie, Neo took the red pill and he knew everything. 0:05:31.800 --> 0:05:33.320 The blue pill was he'd go back to sleep and 0:05:33.360 --> 0:05:35.960 didn't know anything. But in that movie. Really we've got 0:05:36.000 --> 0:05:40.360 to see like VR virtual reality, simulated reality, virtual reality, 0:05:40.400 --> 0:05:45.200 things like that, even though they didn't really come into 0:05:45.200 --> 0:05:47.719 commercial use until just recently. It's still sort of gaming 0:05:47.839 --> 0:05:50.599 gamings team however, Really that technology started in like the 0:05:50.640 --> 0:05:54.039 nineteen sixties. Of course, self driving cars, lots of movies 0:05:54.040 --> 0:05:57.600 have had those. The Minority Report in two thousand and 0:05:57.600 --> 0:06:00.360 two talked about self driving cars. One thing that's interesting 0:06:00.400 --> 0:06:02.280 when you think about these sci fi movies that kind 0:06:02.279 --> 0:06:07.120 of predict the future, they pretty much always predict a dark, 0:06:07.640 --> 0:06:12.440 dystopian world. It's not good. There's another movie called Demolition 0:06:12.560 --> 0:06:15.880 Man with Sylvester Stallone. He was like a police officer 0:06:16.000 --> 0:06:18.240 and he chased down a criminal. They both got put 0:06:18.279 --> 0:06:20.800 into like a cryo prison where they were basically frozen, 0:06:21.040 --> 0:06:22.560 and they came out, I don't know what it was 0:06:22.600 --> 0:06:25.000 fifty years later or something like that, and they woke 0:06:25.080 --> 0:06:27.599 up and didn't recognize the world and it was like 0:06:27.680 --> 0:06:32.440 around Los Angeles, and the world that they show that 0:06:32.480 --> 0:06:36.800 they woke up into is a world that I don't 0:06:36.839 --> 0:06:38.880 necessarily want, but it seems to be the world that 0:06:38.920 --> 0:06:41.080 we're going into. As a matter of fact, you know, 0:06:41.120 --> 0:06:43.080 you've all heard the world that Comic Forum talk about 0:06:43.640 --> 0:06:46.880 in twenty thirty you'll own nothing and be happy. And 0:06:46.920 --> 0:06:48.800 that's because the world that Comic Form put that out 0:06:48.839 --> 0:06:50.880 on their Twitter, they put it on their website. And 0:06:50.920 --> 0:06:53.480 really where that was inspired from was an article written 0:06:53.520 --> 0:06:55.760 by I believe it was Ida alcin I think it 0:06:55.839 --> 0:07:03.120 is her name, who's parliament member, I think for the 0:07:03.160 --> 0:07:06.120 Netherlands or Holland, one of those. I'm sorry, don't quote 0:07:06.160 --> 0:07:08.400 me on that. And now she's a big player in 0:07:08.640 --> 0:07:11.000 the world comic form. But she wrote this long article 0:07:11.040 --> 0:07:15.640 and it started out by saying, the year is twenty thirty. 0:07:16.920 --> 0:07:21.000 I own nothing, I have no privacy, and I've never 0:07:21.000 --> 0:07:22.520 been happier, or something like that. And she goes on 0:07:22.560 --> 0:07:26.160 to explain this article and talks about how she doesn't 0:07:26.160 --> 0:07:28.920 own anything and she just you know, goes around and 0:07:28.960 --> 0:07:30.720 wherever she needs. She just has a bed and she 0:07:30.800 --> 0:07:32.560 just sleeps there. And when she walks out on the 0:07:32.560 --> 0:07:34.760 street to go somewhere. A car just magically appears and 0:07:34.920 --> 0:07:37.120 takes her to where she wants to go. And there's 0:07:37.160 --> 0:07:39.960 this whole world where there's no privacy because even her 0:07:40.120 --> 0:07:44.200 dreams are being read, her brain activity is being fed 0:07:44.240 --> 0:07:47.160 into this giant AI cloud which always knows what she 0:07:47.320 --> 0:07:49.240 wants and always serves it up to her at the 0:07:49.280 --> 0:07:53.200 point that she needs it. And then she goes on 0:07:53.240 --> 0:07:56.920 to say, I feel bad for those people living outside 0:07:56.920 --> 0:08:02.280 the walls who don't have what we have. So she 0:08:02.360 --> 0:08:05.280 talks about like, really two classes of people, and there's 0:08:05.320 --> 0:08:07.720 a class of people that live outside of the walls 0:08:07.880 --> 0:08:12.040 that don't live in this technological she describes it as 0:08:12.080 --> 0:08:15.040 a utopia. I would describe it as a dystopia. But 0:08:15.120 --> 0:08:16.840 she describes these people that being outside the walls who 0:08:16.880 --> 0:08:20.000 don't have that she feels bad for them. But back 0:08:20.040 --> 0:08:22.840 to The Demolition Man the movie, that's exactly what they showed. 0:08:23.080 --> 0:08:25.320 You had this group of people who had no privacy 0:08:25.400 --> 0:08:28.400 and they lived in this technical dystopia in my opinion, 0:08:28.520 --> 0:08:30.120 and then you have these people that lived outside the walls, 0:08:30.080 --> 0:08:32.960 and technically in the movie, they lived underground and they 0:08:32.960 --> 0:08:35.600 didn't have any of those comforts. But they thought they 0:08:35.600 --> 0:08:39.240 were living much better. So anyway, very interesting that unfortunately 0:08:39.280 --> 0:08:43.079 all these movies kind of show this world. And I 0:08:43.160 --> 0:08:46.600 think part of it is because when you understand this technology, 0:08:46.600 --> 0:08:49.920 and more importantly, how this technology can be used not 0:08:49.960 --> 0:08:53.400 just for us but against us, it's very clear where 0:08:54.880 --> 0:08:58.280 human nature takes these things. Anyway, if you're just tuning in, 0:08:58.280 --> 0:09:00.760 you're listening to the Mark Mash Show. We're breaking down 0:09:00.800 --> 0:09:04.079 the technological revolution. We're going through history and bringing it 0:09:04.120 --> 0:09:05.719 forward all the way to today and where we're going. 0:09:05.720 --> 0:09:08.000 We're using history to tell us what is coming next. 0:09:08.160 --> 0:09:09.560 I'm gonna take a quick break. I'm gonna co back. 0:09:09.559 --> 0:09:11.360 We're going to talk about disruptive technology. I'm going to 0:09:11.400 --> 0:09:14.160 go back for five six hundred years and talk about 0:09:14.160 --> 0:09:17.800 different types of technology, how people were scared, what happened 0:09:17.840 --> 0:09:21.200 after that, and so much more. Then we'll get into 0:09:21.559 --> 0:09:23.679 the types of technology we have now that are disrupting 0:09:23.720 --> 0:09:26.000 things and the big danger that we have in the 0:09:26.040 --> 0:09:28.040 United States with this. So I'm gonna take a quick break. 0:09:28.040 --> 0:09:30.240 I'll be right back. Don't go away, I'll be right back. 0:09:33.400 --> 0:09:34.920 All right, Welcome back. If you're just tune in, you're 0:09:34.920 --> 0:09:37.160 listening to the Mark mass show, and of course, as 0:09:37.200 --> 0:09:41.400 always we're talking about the decentralized revolution, how technology is 0:09:41.559 --> 0:09:44.160 decentralizing the world, how the world is breaking apart driven 0:09:44.160 --> 0:09:46.160 by technology, but we look at it through politics, finance, 0:09:46.200 --> 0:09:49.560 and technology. But we're sitting here talking about technology specifically 0:09:49.559 --> 0:09:53.560 today and how technology has always changed things. Now we're 0:09:53.600 --> 0:09:59.319 witnessing another technological revolution right now, which means the course 0:09:59.360 --> 0:10:02.240 of humanity is going to change. And I think when 0:10:02.240 --> 0:10:06.559 you look at AI and virtual reality and you know bitcoin, 0:10:07.200 --> 0:10:10.000 you can see that like the world is changing. And 0:10:10.320 --> 0:10:11.920 to all those sci fi movies I was talking about 0:10:11.920 --> 0:10:15.400 before the break, it paints a world that looks a 0:10:15.400 --> 0:10:18.720 little bleak. I mean, just what you already know about 0:10:18.720 --> 0:10:23.120 AI and virtual reality, just extrapolate that to the future 0:10:23.120 --> 0:10:25.120 and think about what the future it looks like. I'm 0:10:25.160 --> 0:10:27.800 sure you guys saw the movie Ready Player one. Everybody 0:10:27.840 --> 0:10:31.120 sort of has that reality or that vision of the 0:10:31.160 --> 0:10:34.120 of the future being a reality, and it's pretty scary 0:10:34.760 --> 0:10:37.000 a bunch of people just living inside a box, just 0:10:37.080 --> 0:10:40.160 plugged into a virtual world all the time. Anyway, I 0:10:40.200 --> 0:10:42.440 want to go through some history so you can sort 0:10:42.440 --> 0:10:45.160 of understand that there's really nothing new. This is just 0:10:45.240 --> 0:10:49.120 the way it goes. So some disruptive technologies. Some examples 0:10:49.160 --> 0:10:53.520 of disruptive technologies. If we go back to fourteen fifty 0:10:53.600 --> 0:10:56.280 and fourteen fifty was a very pivotal year. We had 0:10:56.360 --> 0:10:59.840 the Protestant Reformation in the fifteen hundreds. But what's set 0:10:59.840 --> 0:11:04.520 down that reformation up was about seventy years earlier was 0:11:04.559 --> 0:11:08.320 a new technological revolution or a technology called the printing press. 0:11:08.679 --> 0:11:12.360 It was invented by Johannes Gutenberg, and the printing press 0:11:12.400 --> 0:11:16.000 made books cheaper and widely available. So up until that point, 0:11:16.480 --> 0:11:19.240 mostly the books that were there were The Bible was 0:11:19.280 --> 0:11:21.760 the biggest book as it stills today, and it had 0:11:21.760 --> 0:11:25.079 to be hand transcribed, so there weren't a lot of 0:11:25.120 --> 0:11:26.800 copies of books because you had to sit there and 0:11:26.840 --> 0:11:29.199 read it or write it one by one. But now 0:11:29.200 --> 0:11:34.000 the printing press allowed you to mass produce books, specifically 0:11:34.000 --> 0:11:37.880 the Bible, which then undermined the authority of the church 0:11:37.920 --> 0:11:43.359 and state, and so that was disruptive. It changed the world. 0:11:43.640 --> 0:11:47.840 Leaders at the time were using the control of information, 0:11:48.760 --> 0:11:54.120 controlling the narrative to push their agenda. They withheld information, 0:11:54.760 --> 0:11:57.160 lied about what the true information was in order to 0:11:57.200 --> 0:12:01.120 exert their power to maintain their grip of power. So 0:12:01.160 --> 0:12:03.080 that's how technology has been used. And then of course 0:12:03.120 --> 0:12:05.280 when people got the information for themselves, they said, wait 0:12:05.280 --> 0:12:07.400 a minute, you're lying to us. That's not what it says, 0:12:08.040 --> 0:12:10.720 and then they lost confidence in their leaders and it 0:12:10.760 --> 0:12:14.320 all fell Remember that, we'll come back to that. Seventeen 0:12:14.440 --> 0:12:18.240 twelve we had the steam engine, revolutionized the transportation industry, 0:12:18.679 --> 0:12:21.280 power trains and ships and all of that. We started 0:12:21.280 --> 0:12:24.040 having travel. It played a very pivotal role in the 0:12:24.080 --> 0:12:29.040 Industrial Revolution. Of course, we still move stuff around the 0:12:29.040 --> 0:12:33.240 world the same way today. In the early eighteen hundreds, 0:12:33.240 --> 0:12:35.679 eighteen thirty, eighteen forties, we had the telegraph and that 0:12:35.720 --> 0:12:42.000 allowed instantaneous communication over space, over long distances. So again 0:12:42.080 --> 0:12:45.280 technology changes the way that we work, organize, and communicate. 0:12:45.400 --> 0:12:49.640 So because now we could communicate instantaneously across long distances, 0:12:50.080 --> 0:12:53.160 then we could organize and work differently. So that was 0:12:53.200 --> 0:12:58.440 a massive disruptor. Now what was the communication channel before that, Well, 0:12:58.520 --> 0:13:03.240 it was a mail, snail mail, slow mail, ponymail. Right, 0:13:03.600 --> 0:13:05.760 you had to literally someone had to ride on a 0:13:05.800 --> 0:13:08.360 horse with a letter over a long distance, or put 0:13:08.360 --> 0:13:10.440 it on a ship and send it across the ocean 0:13:10.480 --> 0:13:13.360 to somebody to get that communication there and now they 0:13:13.360 --> 0:13:16.080 could have it instantly. So that was very disruptive to 0:13:16.200 --> 0:13:19.240 those people that were delivering mail. That whole mail industry 0:13:19.400 --> 0:13:22.880 was disrupted, and of course it was disrupted again with email. Electricity. 0:13:23.800 --> 0:13:30.000 Electricity late nineteenth century was pretty interesting and disrupted lots 0:13:30.040 --> 0:13:33.240 of things. One of which the very first application electricity 0:13:33.360 --> 0:13:35.920 was the light bulb was like a digital candle. And 0:13:35.960 --> 0:13:38.800 so what was disrupted, well, candles, As a matter of fact, 0:13:38.800 --> 0:13:41.079 you can find if you search on the internet, you 0:13:41.120 --> 0:13:44.640 can find like a letter from the candle Makers Association 0:13:45.800 --> 0:13:48.400 writing a letter saying that this electricity had to be 0:13:48.520 --> 0:13:52.920 controlled and censored and shut down because it was disrupting 0:13:53.440 --> 0:13:55.880 their candle making business. I mean, candles have been light 0:13:55.920 --> 0:13:58.360 for five thousand years. What do we need this electricity for? 0:13:58.600 --> 0:14:01.760 Electricity is dangerous? Why do we need these wires? And 0:14:01.880 --> 0:14:03.760 why do I need this big transformer in this big 0:14:03.800 --> 0:14:07.240 box that could electrocute somebody. That's dangerous that it costs 0:14:07.240 --> 0:14:09.320 too much money. I don't need that in my house. 0:14:09.520 --> 0:14:11.080 We don't know what the long term effects are of 0:14:11.080 --> 0:14:15.160 this electricity. Candles have been light for five thousand years, Well, 0:14:15.440 --> 0:14:18.280 it disrupted them. We can keep going. It was interesting. 0:14:18.679 --> 0:14:21.160 You might have heard the term Luddite, the Ludite movement. 0:14:21.760 --> 0:14:23.400 I wrote a book. I co wrote a book called 0:14:23.400 --> 0:14:28.280 The Uncommunist Manifesto, my co author Alex Fetzki. By the way, 0:14:28.280 --> 0:14:30.600 if you don't have that book, you should check it out. 0:14:31.040 --> 0:14:34.000 It's one some bestseller categories on Amazon. Just searched The 0:14:34.320 --> 0:14:36.440 Uncommunist Manifesto. It's like a book that you could read 0:14:36.440 --> 0:14:38.600 about hour hour and a half. Anyway, in that we 0:14:38.640 --> 0:14:44.920 referenced the Lueddite, and in full confession, I wasn't really 0:14:44.960 --> 0:14:46.200 even sure what that meant. I thought that was like 0:14:46.240 --> 0:14:48.520 a derogatory term that you call people, which it sort 0:14:48.520 --> 0:14:51.240 of is, but it has a historical grounding. And so 0:14:51.520 --> 0:14:54.000 in the early eighteen hundreds, the Luedites were a group 0:14:54.040 --> 0:14:57.960 of textile workers in England. And the reason why we 0:14:58.000 --> 0:15:00.600 famously refer to them as like idiots it's their stupid 0:15:00.640 --> 0:15:03.080 people or whatever, is because they were famous for their 0:15:03.120 --> 0:15:07.960 resistance to new technologies such as the power loom and 0:15:08.040 --> 0:15:13.520 the spinning frame. So they were creating textiles, but as 0:15:13.520 --> 0:15:17.200 soon as these machines came that could make textiles faster, 0:15:17.800 --> 0:15:21.000 they feared. These machines would make their skills obsolete and 0:15:21.120 --> 0:15:25.160 cost them their jobs. They were right, they did, but 0:15:25.840 --> 0:15:30.520 their response was to sabotage the machines. Their response was 0:15:30.560 --> 0:15:33.720 to stop this progression. We can't have this new technological 0:15:33.720 --> 0:15:36.960 innovation because it's gonna take away our jobs. Yes, it 0:15:37.000 --> 0:15:39.400 did take away their jobs. We saw the sewing machines 0:15:39.440 --> 0:15:42.120 eighteen fifty. Same thing. The seamstress is all feared for 0:15:42.160 --> 0:15:45.320 their livelihoods. It's going to replace us. They won't need 0:15:45.320 --> 0:15:49.080 our manual work anymore. What will we do? It turns 0:15:49.080 --> 0:15:52.920 out you'll do higher value tasks. So we can see this. 0:15:52.960 --> 0:15:56.520 The early nineteen hundreds we had automobiles, and newspapers were 0:15:56.520 --> 0:15:58.880 talking about how dangerous these automobiles were. Why do we 0:15:58.920 --> 0:16:01.160 need these things? They're noise, they're dangerous, they're going too 0:16:01.160 --> 0:16:06.160 fast down these streets. Horse and carts have been transportation 0:16:06.320 --> 0:16:09.160 for thousands of years. That's tried and true. We know 0:16:09.200 --> 0:16:10.880 what they are. We don't know what these cars are. 0:16:10.920 --> 0:16:13.800 These cars are dangerous. And so the point is is 0:16:13.840 --> 0:16:16.800 that you can see every single time a new technology 0:16:16.840 --> 0:16:20.560 is introduced, it disrupts an old way, and those people 0:16:20.560 --> 0:16:22.680 that are being disrupted don't like it, and so they 0:16:22.680 --> 0:16:26.359 fight against it, but for the majority of humanity it's beneficial. 0:16:26.440 --> 0:16:29.280 So I'm sorry for the horse and buggy manufacturers they 0:16:29.320 --> 0:16:31.520 lost their jobs. But I'm sure we all agree that 0:16:31.560 --> 0:16:36.160 we're happy that we have automobiles today, right, Maybe not everybody, 0:16:36.200 --> 0:16:41.840 not the ESG proponents. They're not happy about it anyway. Now, 0:16:41.840 --> 0:16:43.240 one of the ways we can see that the Internet 0:16:43.240 --> 0:16:45.640 has really changed things is one of my favorite books, 0:16:45.680 --> 0:16:47.760 a book I've talked about many times, and it's called 0:16:47.800 --> 0:16:51.480 The Sovereign individual I would highly recommend you reading this book, 0:16:51.480 --> 0:16:52.760 but I'm just going to warn you in advance. It 0:16:52.800 --> 0:16:55.280 is not an easy read. My book, The Uncommerce Manifesto 0:16:55.560 --> 0:16:57.360 is like a booklet. Like I said, it's like hour read. 0:16:57.480 --> 0:16:59.880 The Sovereign Individuals like I don't know. It's probably a 0:17:00.280 --> 0:17:03.320 ten or twelve hour read, is my guess, but it's 0:17:03.400 --> 0:17:05.440 highly worth it. I would recommend it if you really 0:17:05.480 --> 0:17:08.560 want to know how things change and where we're going. 0:17:09.119 --> 0:17:11.399 But they talked about in this book, and it was 0:17:11.400 --> 0:17:13.800 written in like nineteen ninety seven, so it's very prophetic 0:17:13.960 --> 0:17:16.080 where we're at today. They talked about how this this 0:17:16.240 --> 0:17:19.679 digital revolution would lead to a world where where the 0:17:19.800 --> 0:17:24.639 individual would gain more power at the expense of nation states. 0:17:25.080 --> 0:17:28.040 The Internet would allow us to now move freely around 0:17:28.040 --> 0:17:33.080 the world, work from anywhere, communicate without the centralized control 0:17:33.160 --> 0:17:35.480 of a nation state. And so then as we remove 0:17:35.520 --> 0:17:40.160 ourselves from their dependency, they lose power. So highly recommend 0:17:40.160 --> 0:17:43.400 that the sovereign individual and the Internet has created us 0:17:43.480 --> 0:17:46.040 as sovereign individuals. Now, if you're just tuned in, you're 0:17:46.040 --> 0:17:48.679 listening to the Mark mass Show, we're talking about the 0:17:48.720 --> 0:17:51.640 decentralized revolution of the world is changing and how technology 0:17:51.760 --> 0:17:53.919 is driving that change. I'm going to take a very 0:17:53.960 --> 0:17:55.480 quick break, but I'm going to come back and talk 0:17:55.520 --> 0:17:59.760 about this law that shows us how the world has 0:17:59.800 --> 0:18:01.960 changed at what speed, and then we'll talk about some 0:18:02.000 --> 0:18:03.679 of the dangers that we have. I'll be back with 0:18:03.720 --> 0:18:09.479 more in a minute. Don't go away, bear back. All right, 0:18:09.480 --> 0:18:10.960 welcome back. If you're just tune in and you're listening 0:18:11.040 --> 0:18:13.800 to the Mark Mos Show, we've been talking about how 0:18:13.840 --> 0:18:16.520 this technology is changing the world. As I talk about 0:18:16.560 --> 0:18:19.639 each and every week, the decentralized revolution, how the world's 0:18:19.680 --> 0:18:22.000 breaking apart, and we've I kind of took you through 0:18:22.000 --> 0:18:24.679 the history and now let's talk more about where this 0:18:24.880 --> 0:18:28.840 is going. So there's something known as Moore's law. In 0:18:28.920 --> 0:18:31.840 nineteen sixty five, a person named Gordon Moore, who was 0:18:31.880 --> 0:18:33.840 the co founder of Intel. You've probably heard of them 0:18:34.400 --> 0:18:37.080 Intel microchips, I'm sure, and he observed that the number 0:18:37.080 --> 0:18:42.359 of transistors on a microchip doubled approximately every two years, 0:18:42.880 --> 0:18:46.760 while the cost of the computers have So we doubled 0:18:47.480 --> 0:18:50.680 the production of the chip, doubled the transistors, but reduced 0:18:50.680 --> 0:18:53.800 the cost in half. So what this basically means is 0:18:53.840 --> 0:18:57.440 that technology gets faster and it gets cheaper over time. 0:18:57.480 --> 0:18:59.560 And this is how true. It's been over fifty years, 0:18:59.640 --> 0:19:02.080 and this what's been happening. So we have this exponential 0:19:02.080 --> 0:19:05.520 growth because it doubles, so you go from one to two, 0:19:05.520 --> 0:19:06.719 but then you go from two to four, and from 0:19:06.720 --> 0:19:09.080 four to eight, and from eight to sixteen, sixteen to 0:19:09.160 --> 0:19:12.360 thirty two, and then from six thirty two to sixty four, 0:19:12.560 --> 0:19:16.119 and like it starts doubling, and those last couple doubles 0:19:16.680 --> 0:19:19.600 get really really really big. As it starts getting cheaper 0:19:19.640 --> 0:19:22.400 and cheaper and cheaper, it allows things to get smaller 0:19:22.400 --> 0:19:24.720 and smaller and smaller. Think about like you know, in 0:19:24.760 --> 0:19:28.480 the sixties when they launched the space shuttle, NASA AD. 0:19:28.720 --> 0:19:31.480 You know, entire buildings that were a big computer, and 0:19:31.520 --> 0:19:34.560 today the iPhone is more powerful than that entire building 0:19:34.760 --> 0:19:37.480 of a computer at the time. So it gets better, faster, 0:19:37.680 --> 0:19:40.679 more powerful, it gets cheaper, and it gets smaller at 0:19:40.680 --> 0:19:45.119 the same time. So that's what's happening. And like I said, today, 0:19:45.160 --> 0:19:47.440 we have a few new technologies I believe this next 0:19:47.520 --> 0:19:52.080 technological revolution, and I think those are artificial intelligence and 0:19:54.200 --> 0:19:58.920 really bitcoin decentralized ledger technology. So we have artificial intelligence, 0:19:58.920 --> 0:20:01.840 which is really it's a sort of a subset or 0:20:01.880 --> 0:20:04.000 maybe a continuation of what we've been doing for a while, 0:20:04.000 --> 0:20:07.239 which is machine learning, where machines can learn and then 0:20:07.280 --> 0:20:10.120 they can improve upon themselves. So we're starting to see that. 0:20:10.359 --> 0:20:14.000 We're starting to see a lot of potential use cases 0:20:14.080 --> 0:20:18.040 and really disruptive use cases that are happening. Look no further. 0:20:18.119 --> 0:20:20.119 I mean I'm in southern California, Look no further than 0:20:20.200 --> 0:20:22.720 up the road for me in Hollywood, and we have 0:20:24.640 --> 0:20:26.800 actors on strike. We're going to talk about that in 0:20:26.800 --> 0:20:30.280 a second. But we can see, you know, these algorithms. 0:20:30.280 --> 0:20:32.520 We have these social media platforms that recommend content we 0:20:32.520 --> 0:20:35.800 should watch Netflix movies, weh watch YouTube videos we should watch, 0:20:36.040 --> 0:20:38.320 and that's sort of like a machine learning. It's an 0:20:38.359 --> 0:20:40.960 algorithm that learns what I like and it serves those 0:20:40.960 --> 0:20:43.600 things up to me. Of course, like I said, bitcoin 0:20:43.720 --> 0:20:46.280 is now a new way for us to send value 0:20:46.520 --> 0:20:49.840 over time and space that's not controlled by essential entity. 0:20:50.200 --> 0:20:55.479 So now I can move packets of value bitcoin like money, 0:20:55.600 --> 0:20:57.520 and it can be sent from me to you peer 0:20:57.520 --> 0:21:00.000 to peer without going through a YouTube or a Google 0:21:00.240 --> 0:21:03.879