1 00:00:02,360 --> 00:00:06,680 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:06,840 --> 00:00:09,480 Speaker 2: Of course, a lot of people jumping into the AI space, 3 00:00:09,760 --> 00:00:12,680 Speaker 2: some with some wack ideas and some with some creative ones. 4 00:00:12,840 --> 00:00:13,920 Speaker 1: Including our next guest. 5 00:00:13,920 --> 00:00:17,560 Speaker 2: Seven time Grammy winner Will I Am is using artificial 6 00:00:17,600 --> 00:00:21,200 Speaker 2: intelligence to amplify the listening experience. 7 00:00:21,560 --> 00:00:23,360 Speaker 1: He's launching a new feature to his. 8 00:00:23,480 --> 00:00:28,440 Speaker 2: Fyi dot ai platform called Radio Fyi. It's an interactive 9 00:00:28,480 --> 00:00:33,440 Speaker 2: tool that allows listeners to chat and personalize a radio interface. 10 00:00:33,840 --> 00:00:35,440 Speaker 2: So let's get it started with the man of the 11 00:00:35,479 --> 00:00:37,640 Speaker 2: hour joining us right now is Will I Am? Of course, 12 00:00:37,840 --> 00:00:39,480 Speaker 2: you know I'm as a founder of the Black Eyed 13 00:00:39,479 --> 00:00:41,440 Speaker 2: Peace music group. How you doing well, Great to have 14 00:00:41,520 --> 00:00:43,240 Speaker 2: you here, Love the glasses. 15 00:00:43,960 --> 00:00:46,360 Speaker 1: Talk to me about how the radio. 16 00:00:46,120 --> 00:00:48,320 Speaker 2: Listening and experience and really just the music listening and 17 00:00:48,400 --> 00:00:51,880 Speaker 2: experience changes with something like radio Fyi. 18 00:00:53,159 --> 00:00:56,440 Speaker 3: Yeah, if you think about radio, radio change my life. 19 00:00:56,920 --> 00:01:01,440 Speaker 3: Right now, there's millions of cars being deployed and being made, 20 00:01:01,560 --> 00:01:04,480 Speaker 3: and if you think about, like as we speak, somebody's 21 00:01:04,520 --> 00:01:09,479 Speaker 3: putting an FM AM antenna into a car because people 22 00:01:09,560 --> 00:01:13,119 Speaker 3: still listen to radio and radio hasn't been innovated since 23 00:01:13,160 --> 00:01:16,839 Speaker 3: satellite radio. And so now with our architecture, we're able 24 00:01:16,880 --> 00:01:22,280 Speaker 3: to allow the listener to engage with the presentation. It's 25 00:01:22,319 --> 00:01:26,120 Speaker 3: no longer a one way street, or sometimes at half 26 00:01:26,120 --> 00:01:28,040 Speaker 3: of a street. When you're able to call into a station. 27 00:01:29,520 --> 00:01:34,319 Speaker 3: This radio architecture allows for one to many, so millions 28 00:01:34,319 --> 00:01:36,840 Speaker 3: of conversations at the same time, during the same segment, 29 00:01:38,200 --> 00:01:41,679 Speaker 3: for as deep of a conversational tree that you want 30 00:01:41,680 --> 00:01:43,880 Speaker 3: to take it towards. 31 00:01:43,880 --> 00:01:45,440 Speaker 4: So you can turn the radio. 32 00:01:45,200 --> 00:01:48,480 Speaker 3: Station to a politics station, a sports station, you can 33 00:01:48,560 --> 00:01:52,080 Speaker 3: ask any question at any time about the song, about 34 00:01:52,240 --> 00:01:54,160 Speaker 3: current events, breaking news. 35 00:01:54,480 --> 00:01:55,760 Speaker 4: It's truly transformational. 36 00:01:55,960 --> 00:01:57,200 Speaker 1: Well, that's what I'm curious about. 37 00:01:57,280 --> 00:01:58,760 Speaker 2: I mean, I think we're around the same age, So 38 00:01:58,760 --> 00:02:00,320 Speaker 2: I grew up at a time when you did have 39 00:02:00,320 --> 00:02:03,560 Speaker 2: a little bit more interaction with radio DJs, whether it's 40 00:02:03,560 --> 00:02:05,800 Speaker 2: calling in or just being able to really connect with 41 00:02:05,840 --> 00:02:07,600 Speaker 2: them in a way that I think has been lost 42 00:02:07,640 --> 00:02:11,200 Speaker 2: at least with normal sort of you know, terrestrial radio here. 43 00:02:11,560 --> 00:02:13,520 Speaker 1: How is this going to compete though, with. 44 00:02:13,880 --> 00:02:17,320 Speaker 2: The Spotify's and the streaming platforms and the social media 45 00:02:17,400 --> 00:02:20,079 Speaker 2: platforms that I think have grabbed the attention certainly in 46 00:02:20,160 --> 00:02:21,880 Speaker 2: my household of my kids. 47 00:02:22,960 --> 00:02:26,880 Speaker 3: So okay, we are assuming that radio is the same 48 00:02:26,919 --> 00:02:29,680 Speaker 3: as streaming just because it's playing music when. 49 00:02:29,480 --> 00:02:32,720 Speaker 4: It actually an actuality. That's not what radio is. 50 00:02:33,480 --> 00:02:37,800 Speaker 3: As much as radio is about music, it's more about 51 00:02:38,000 --> 00:02:40,280 Speaker 3: local what's happening in your community. 52 00:02:41,240 --> 00:02:42,120 Speaker 4: And I don't know the. 53 00:02:42,080 --> 00:02:44,280 Speaker 3: Last time I listened to Spotify, and I've figured out, 54 00:02:44,720 --> 00:02:46,880 Speaker 3: you know, when it's raining or what's going on or 55 00:02:46,919 --> 00:02:51,160 Speaker 3: what just broke, that's not Spotify. Spotify is, you know, 56 00:02:51,200 --> 00:02:55,480 Speaker 3: the world's jukebox. Radio is what's happening in my community 57 00:02:55,560 --> 00:02:57,799 Speaker 3: that's going to impact my life as I'm going from 58 00:02:57,800 --> 00:03:00,240 Speaker 3: point A to point B, or when you're at home 59 00:03:00,440 --> 00:03:01,440 Speaker 3: listening to the radio. 60 00:03:01,840 --> 00:03:03,480 Speaker 4: And so what we wanted to do is. 61 00:03:03,639 --> 00:03:10,239 Speaker 3: Take that concept and expanded a thousand folde to where 62 00:03:11,200 --> 00:03:15,560 Speaker 3: a person can not only learn about what's happening locally, but. 63 00:03:15,520 --> 00:03:18,360 Speaker 4: Globally at will whenever it is. 64 00:03:18,360 --> 00:03:20,280 Speaker 3: They want to talk about it, however, they want to 65 00:03:20,280 --> 00:03:25,720 Speaker 3: twist and turn their interests and turn it into meaningful action. 66 00:03:27,040 --> 00:03:29,840 Speaker 3: And we're here at Dreamforce. We're about to put a 67 00:03:29,840 --> 00:03:31,040 Speaker 3: sales portal on radio. 68 00:03:31,760 --> 00:03:34,040 Speaker 4: Last time I checked, I have music on Spotify. 69 00:03:35,120 --> 00:03:37,520 Speaker 3: When people were listening to our songs on Spotify, they 70 00:03:37,520 --> 00:03:41,800 Speaker 3: can't ask the song what I meant by that lyric? 71 00:03:43,560 --> 00:03:44,920 Speaker 4: And with this architecture. 72 00:03:44,960 --> 00:03:49,480 Speaker 3: It also allows for artists to dream up and make 73 00:03:49,800 --> 00:03:55,440 Speaker 3: amazing stations for deeper engagement. But just because it's mutic 74 00:03:55,720 --> 00:03:58,600 Speaker 3: does not mean it's the same experience. Spotify is that 75 00:03:58,720 --> 00:04:01,000 Speaker 3: this was a concert a conscious not the same as radio, 76 00:04:01,280 --> 00:04:03,480 Speaker 3: and radio is not the same as listening to music 77 00:04:03,520 --> 00:04:06,720 Speaker 3: at home back in the day when we had CDs 78 00:04:06,760 --> 00:04:07,520 Speaker 3: and record players. 79 00:04:07,640 --> 00:04:09,280 Speaker 4: It's never going to get back to that. It's going 80 00:04:09,360 --> 00:04:10,440 Speaker 4: to go to something. 81 00:04:10,440 --> 00:04:15,240 Speaker 3: Even deeper, more engagement, and that's what we aim to 82 00:04:15,280 --> 00:04:16,000 Speaker 3: do with radio. 83 00:04:16,040 --> 00:04:18,640 Speaker 2: Do fyi it feels a little Blade Runner in twenty 84 00:04:18,680 --> 00:04:19,440 Speaker 2: forty nine ish? 85 00:04:19,800 --> 00:04:21,080 Speaker 1: Well, is that what it's going to be? 86 00:04:21,200 --> 00:04:21,279 Speaker 2: Like? 87 00:04:21,480 --> 00:04:24,000 Speaker 1: Sort of personalized DJ? And you maybe you change that 88 00:04:24,080 --> 00:04:24,719 Speaker 1: DJ every. 89 00:04:24,600 --> 00:04:28,719 Speaker 3: Day, you know, if you want to change DJ every day, 90 00:04:30,240 --> 00:04:30,960 Speaker 3: not really a DJ. 91 00:04:31,040 --> 00:04:32,240 Speaker 4: It's the entire experience. 92 00:04:34,000 --> 00:04:37,080 Speaker 3: It's the DJ, it's the segments, it's the subject matter. 93 00:04:38,160 --> 00:04:40,560 Speaker 3: For example, you guys report the news all the time. 94 00:04:40,600 --> 00:04:42,880 Speaker 3: There's listeners that are like, what is it? What are 95 00:04:42,880 --> 00:04:44,760 Speaker 3: they talking about on that segment? So what do they do? 96 00:04:44,800 --> 00:04:47,680 Speaker 3: They take to Reddit, they take to Twitter, and they 97 00:04:47,720 --> 00:04:48,400 Speaker 3: find out more. 98 00:04:48,480 --> 00:04:49,160 Speaker 4: They research. 99 00:04:49,640 --> 00:04:53,880 Speaker 3: But now when something is presented, I could just say, hey, what. 100 00:04:53,920 --> 00:04:56,520 Speaker 4: Do you mean by that. Yeah, can you explain that more? 101 00:04:57,880 --> 00:05:01,640 Speaker 4: How does that affect me? How does that affect community? Right? 102 00:05:01,720 --> 00:05:05,920 Speaker 3: So this concept of a one way push that. 103 00:05:05,680 --> 00:05:06,839 Speaker 4: That's not what tomorrow looks like. 104 00:05:07,120 --> 00:05:10,000 Speaker 3: And it's not sci fi like Blade Runner some some 105 00:05:10,160 --> 00:05:11,679 Speaker 3: far off distant time. 106 00:05:12,279 --> 00:05:14,119 Speaker 4: This is right now, Yeah for sure? 107 00:05:14,240 --> 00:05:16,400 Speaker 1: Yeah, exactly how are you going to monetize it? Will 108 00:05:16,400 --> 00:05:17,800 Speaker 1: people pay for this experience? 109 00:05:19,760 --> 00:05:23,960 Speaker 3: Will monetize it with new uh AD units? So with 110 00:05:24,200 --> 00:05:27,400 Speaker 3: every new innovation comes new ways to monetize. 111 00:05:27,720 --> 00:05:31,400 Speaker 4: So right now you're going to break to commercial and 112 00:05:31,520 --> 00:05:32,880 Speaker 4: that commercial. 113 00:05:34,000 --> 00:05:36,040 Speaker 3: Is going to be maybe maybe people paid attention to 114 00:05:36,080 --> 00:05:41,800 Speaker 3: the commercial, maybe it translated to some sell right in 115 00:05:41,839 --> 00:05:44,120 Speaker 3: this case, if you're interested in that, you then will 116 00:05:44,160 --> 00:05:44,880 Speaker 3: then ask like. 117 00:05:44,920 --> 00:05:47,479 Speaker 4: Yo, yo, uh, tell me more about this product. 118 00:05:48,200 --> 00:05:50,839 Speaker 3: And now now that the system is your sales agent, 119 00:05:51,760 --> 00:05:55,680 Speaker 3: so everything everything is going to change with you know, 120 00:05:55,720 --> 00:05:56,760 Speaker 3: this type of architecture. 121 00:05:56,800 --> 00:05:59,039 Speaker 4: And I'm so happy that you know, we had. 122 00:05:58,920 --> 00:06:02,200 Speaker 3: The insight and the skills and the talent to be 123 00:06:02,200 --> 00:06:05,400 Speaker 3: able to materialize this ideation and deploy. 124 00:06:05,440 --> 00:06:06,920 Speaker 2: Why why do you think it's taking us so long 125 00:06:06,960 --> 00:06:08,599 Speaker 2: to get here? I mean, I was looking at the 126 00:06:08,600 --> 00:06:13,000 Speaker 2: title of your dream Force speech, The Dawn of intelligent media. 127 00:06:13,320 --> 00:06:15,440 Speaker 2: I mean, on the surface, it makes a lot of sense, 128 00:06:15,760 --> 00:06:17,919 Speaker 2: but I would assume there's a cost associated with this, 129 00:06:17,960 --> 00:06:20,800 Speaker 2: and obviously just a reticence among legacy media to embrace 130 00:06:20,839 --> 00:06:23,000 Speaker 2: anything new. But why have it taken us so long 131 00:06:23,080 --> 00:06:24,119 Speaker 2: to sort of get to this point? 132 00:06:25,520 --> 00:06:27,320 Speaker 4: It took it. It took us this long to get 133 00:06:27,320 --> 00:06:27,880 Speaker 4: to the point. 134 00:06:28,160 --> 00:06:31,800 Speaker 3: And thank God, salute all the folks at the transform 135 00:06:32,080 --> 00:06:35,480 Speaker 3: that that wrote that transformform paper. Attention is everything over 136 00:06:35,480 --> 00:06:38,239 Speaker 3: at Google, all that Google research, and thank you Sam 137 00:06:38,279 --> 00:06:42,400 Speaker 3: Altman and the uh open Ai team for implementing, you know, 138 00:06:42,839 --> 00:06:46,080 Speaker 3: the research of that paper to create GPT and the 139 00:06:46,080 --> 00:06:49,960 Speaker 3: T and GPT stands for the transformer. So that revolution 140 00:06:50,200 --> 00:06:53,640 Speaker 3: really gave us this catapult moment that we're that we're 141 00:06:53,640 --> 00:06:54,360 Speaker 3: experiencing here. 142 00:06:55,279 --> 00:06:59,280 Speaker 4: But let's let's look at you know, my industry, my 143 00:06:59,480 --> 00:07:00,799 Speaker 4: my the other. 144 00:07:00,640 --> 00:07:02,880 Speaker 3: Hat that I that I wore where I enter this 145 00:07:02,960 --> 00:07:06,960 Speaker 3: space from, and that's the world of music. The record 146 00:07:07,000 --> 00:07:09,680 Speaker 3: industry created a whole new type of music. 147 00:07:10,480 --> 00:07:12,920 Speaker 4: It's the reason why there's classical music. 148 00:07:14,240 --> 00:07:17,640 Speaker 3: But when classical music was classical music, folks that were 149 00:07:17,680 --> 00:07:20,480 Speaker 3: making it were not like, yo, I'm making classical music. 150 00:07:20,520 --> 00:07:23,360 Speaker 4: It wasn't classical it just was music. 151 00:07:24,800 --> 00:07:27,280 Speaker 3: And then when the record industry came, they had to 152 00:07:27,320 --> 00:07:31,240 Speaker 3: differentiate this style of music making and music experience from 153 00:07:31,360 --> 00:07:34,840 Speaker 3: that style of music making and that musical experience to 154 00:07:34,880 --> 00:07:38,160 Speaker 3: the point where they deem that and call that classical music. 155 00:07:38,840 --> 00:07:40,960 Speaker 3: And we're going to see the same thing for this 156 00:07:41,160 --> 00:07:44,120 Speaker 3: intersection and this renaissance that we're going to experience. Now, 157 00:07:44,400 --> 00:07:48,240 Speaker 3: that's going to be a you know, the Unfortunately the 158 00:07:48,360 --> 00:07:53,960 Speaker 3: past recorded music is the past, and it hurts my heart, 159 00:07:54,400 --> 00:07:58,080 Speaker 3: but it also excites me because now it's time for 160 00:07:58,120 --> 00:08:01,960 Speaker 3: the dreamers. It's time for the innovators to dream. What 161 00:08:02,320 --> 00:08:06,240 Speaker 3: is the new experience, what's the new way of songwriting? 162 00:08:06,640 --> 00:08:09,240 Speaker 3: What's the new way of song listening? So you mean 163 00:08:09,280 --> 00:08:11,960 Speaker 3: to tell me with AI that we're going to mimic 164 00:08:12,080 --> 00:08:13,480 Speaker 3: how we used to do music. 165 00:08:13,760 --> 00:08:16,360 Speaker 4: Ay, guy is gonna do a better job of that. Yeah, 166 00:08:16,400 --> 00:08:19,360 Speaker 4: well this is going to be a great mimicker. But 167 00:08:20,040 --> 00:08:25,320 Speaker 4: right now it's not the dreamer. Yeah, AI dreaming new 168 00:08:25,360 --> 00:08:28,680 Speaker 4: things up from nowhere. That's our new network. That's what 169 00:08:28,720 --> 00:08:32,080 Speaker 4: we do. So creators will always be needed in this space. 170 00:08:32,640 --> 00:08:37,760 Speaker 3: And I try to push myself to be that innovator, 171 00:08:38,200 --> 00:08:42,439 Speaker 3: creator around the tools, putting teams together to id eate 172 00:08:42,640 --> 00:08:44,599 Speaker 3: and materialize ideations. 173 00:08:44,720 --> 00:08:46,599 Speaker 2: All right, well, well, this is an exciting time we 174 00:08:46,720 --> 00:08:48,640 Speaker 2: live in and an exciting product and from one of 175 00:08:48,640 --> 00:08:51,320 Speaker 2: the great creative minds of course in the music and 176 00:08:51,400 --> 00:08:53,600 Speaker 2: quite frankly in the tech space as well. Are thanks 177 00:08:53,679 --> 00:08:55,200 Speaker 2: there to will I Am, of course, the founder and 178 00:08:55,320 --> 00:09:00,000 Speaker 2: CEO of Fyi dot Ai new product Radio Fyi, hitting 179 00:09:00,200 --> 00:09:00,559 Speaker 2: just now.