Kind: captions Language: en o we've got a hot one today Elon Musk pushing the limits of money and politics actively just trying to buy votes North Korea is teaming up with Russia Russia is teaming up with the other brics countries to put heat on the dollar Claude AI is breaking out of its box and showing the world what the future of Agents is going to look like and Tim poool is being chewed up by what I call the chaos machine something that I warn entrepreneurs about all the time and in the end we're also going to be taking your questions from people in the community let's get straight to it welcome to Tom's trending name mistaken I hope not I hope not jumping right into it $1 million a day to any voter in any swing state as long as they sign a petition supporting the first and second amendment Tom how does it make you feel it it actually made me feel weird so I am a big fan of Elon but I think that this as soon as you bring that sort of just blatant I'm going to pay you this big reward for this thing you end up bringing people that aren't into that thing for what you're really trying to do so they're not thinking carefully through their candidates they're not there for their civic duty they're there to win some money and I get it and in the right circumstance that can be a lot of fun it brings a lot of energy to something but it feels like this classic marketing technique of just trying to grab attention through money instead of actually getting into the issues and saying this is why this matters and this is why we hope that you get there so it's the first time in the campaign where I was like a little queasy about it I have he almost certainly is going to um be sued or I don't know exactly what the mechanisms are when they go after you for something like this but it really does seem like a violation um the uh America pack is saying hey this is totally legal we're good but by making it a requirement that they have to be a registered voter in order to qualify for the prize it really does seem like it makes it illegal to do it uh and now you just basically paying people to register to vote uh and so that is a pretty clear violation so I think this is going to end up settling out in court but whatever way it goes I don't love the the bread and circus of it all it is a bit of a icky Feeling Just for context as we're filming this we're 14 days away from the election so in the grand scheme of things it's $14 million in total prize money available however we have seen historic contributions this cycle from saxs on the right to kamla Harris's team raising over a billion dollars she's the first billion dollar presidential candidate race and as much as it's icky to do that I think that this amount of money in politics is definitely a red flag so yes Elon we're going to slap him on the wrist for the 14 million but I still want to talk about Zuckerberg's 400 million contribution to his packs in 2020 I want to talk about the fact that KLA has raised over a billion there's way too much money here to your point for it to be about helping people and I hate to be that guy where that could have bought a lot of school lunches and that could helped the homeless but like seriously guys does it really cost a billion dollars to run for president well it does when you have an Ever escalating arms race of more and more money in politics so money is obviously a deranging influence on politics in the extreme and so man I I know that there are people fighting to keep it in which is why it's there but when you get people Al loan and you just say hey does this really make sense I think most people would say we'd be in a way better position if we just set aside okay our tax dollars are going to go to funding x amount for each candidate uh you probably have to make a provision for a third party candidate kind of thing so that you don't really just lock in that um or you create some mechanism by which a third party is able to raise specifically because they're a third party um but keeping the money out of the the Tit for Tat that you're going to get you know one of those two candidates is going to win and a lot of times you'll get people that that fund raise for both sides just because they're like well I want to have uh you know I want to have somebody that that owes me they're never going to say that but the reality is it's it's getting you in front of them it's getting you to give them talking points it's definitely giving a sense of like well hey I've done something for you there's no obvious requirement for them to do something back but if you're a meaningful enough part of what they do it cannot help but influence them subconsciously if nothing else and uh lobbies are just exceedingly powerful because it is so difficult to run you know like you've got to get these people on your side uh so the whole time that you're running you're doing favor and back Channel Communications and staying in touch and making sure that they're happy so that when you go to campaign again that you've got those Deep Pockets and it cannot help but derange it now oddly enough to me these are two teners of something because the way way way bigger offender is just general money in politics and the amount that they raise and how much influence that gives the wealthy to influence politics um but the the what Elon is doing feels like bread circus it feels like um now it's just bringing out the um it's not even about the politics it's just about getting you in here creating a party Vibe like we're not going to promise you money through goods and services which the Democrats should not be doing I think that that's completely deranging and it's exactly why we have the debt but it's sort of the same thing over now on that side of just like yeah we're splashing money around it's like man the it it feels very undignified like if I really dig into it like if I stop and think from first principles and I go okay hold on a second we're we're in like the ninth inning and trying to play to win when the reality is we we have to let this game go and we have to say Okay this game is a wash it's a loss it's a tie whatever but it it's just a mess and we've got to find a way to start over and what I mean specifically by that is you've got to go back and improve the education system you've got to go back and balance the budget you've got to stop stealing from children's future like you hear all of this stuff about the the plight of adults and people that have grown AP hard and they're in a bad situation and they're stuck in poverty and the Really gnarly answer man because I've thought a lot about this the really gnarly answer is you have to give up on the adults stop putting all of your time and energy there you're not going to be able to unwind that so language centers of the brain develop or don't develop um the education level the odds of them going and furthering it it's just like adults can change they can change but man the stats don't bear out that they do so it's a very low percentage of people that are going to be like I'm really glad that you're helping me get re-educated or you're giving me a new perspective on the workforce you're making me rethink my family obligations that's just not where it's going to play out where it's going to play out is getting people to understand that if you want this country to be strong you've got to really create opportunities where everybody gets equally educated regardless of where they grow up the reason that the inner cities is just a death sentence is because they're going to be educated poorly they're going to be educated poorly at home they're going to be educated poorly in the schools and when I was working in the inner cities I just saw up close man this is an ideas problem this is not an intellect problem you find people that can process raw data very quickly but they they are just running these algorithms that are self-defeating and so if you get in there and start teaching mothers or women who are about to become pregnant this is what you have to do to read to your child every night the number of words that they need to hear the impact on the language centers the ratio positive to negative I mean there's been studies on this and then you look at some of the charter school stuff and everything that they're doing the effects are dramatic and I'm talking in the same school as so you have the public school underperforming like crazy in the same school building you'll have a charter school that draws from the same same student population at random so it's not like oh well these are the kids that can figure out the application process just literally at random and the outcomes could not be more Divergent so you've got one that's just focused on telling these kids over and over and over there are high expectations put upon you you are going to act in a manner befitting a a young lady a young gentleman to get educated to be completely focused on your school work that we have a a code of ethics and a code of behavior and and being held to that high standard keeps their head up and they're getting drilled and they're coming out with these incredible educations I mean they're they're performing in like the highest percentile of every school in the nation it's absolutely incredible been trying to get Jeffrey Canada on as you well know forever to talk about this stuff because it really feels like that's the real answer so when I see the bread and circus of million dooll checks and come vote and you know if you're in a swing state I'm just like I get it but man that isn't where we want the energy going and this is a both sides thing like that isn't where I want the energy going I don't want fake promises I don't want anything that drives up the debt it's like focus on the Next Generation making sure everything is going to be better for them I don't have kids and when I'm beating the drum of like every action you take needs to be focused on what it's going to be like for the next generation and that's going to require uh better education getting money out of politics um looking at the actual results that yield from the things that we try so is the school system actually improving people's job prospects are they scoring do they scoring well do they have above grade reading writing um we need some sort of merit-based testing back so we can see what's working and what's not working but it is 110% my my heart is devastated by the way that we we let the generation get broken every time and then we just focus on them when they're adults it's Madness yeah as soon as I seen this uh you were saying that saying about the Michelle Obama quotee you know when they go low we go high and I feel like at this point everybody's just kind of racing to the bottom like there's no more like dignity there's no line it's by any means necessary I want to get my team to win and to your point it feels inspire me inspire me you know what I mean show me like give me the we're not doing it because it's easy we're doing it because it's hard right it's like okay set set that kind of goal for what we're going to do with education look I get this stuff really needs a real plan because it's going to take a lot of figuring out what you do about this the school unions the Department of Education there's a lot of things going on that are stopping this from happening but if we could pull it into the Forefront this is why I got so excited about RFK felt like he was pulling the right things into the Forefront having a conversation about making kids physically mentally healthy fixing education getting the debt in line it's like those are the real things and then seeing Party politics break the back of that was um it's devastating and so and then look I'm very hopeful about what could do from the perspective of governmental efficiency I still am but seeing that sort of meme side come out I don't love it yeah not our best look not our best look in international politics we have South Korea confirming they have their intelligence agencies out there that there is 1500 North Korean troops fighting alongside the Russians they have threatened to escalate it to Nato because they fear a nuclear North would destabilize their region is this the start of World War III I feel like if North Korea Russia get real close it's going to be bad we just we're sleepwalking towards something so it's wonderfully clickbaity to say we're sleepwalking towards World War III I certainly hope not but this is how things just continue to escalate it's just one more little step one more little thing so let's play it out so North Korea now starts siding with Russia obviously South Korea is going to have a beef with that because supposedly some of the tradeoff is that Russia is saying to North Korea come help us out because we need men of fighting age and you guys need upgraded weapons upgraded planes and tanks and we can get you into the 21st century obviously South Korea is going to be well up in arms about that that's going to be wildly problematic for them so now they're escalating tensions also there's a relationship between Russia and North Korea and there's a now relationship between Russia and North Korea that could pull North Korea away from China and so now that's going to potentially create China Russia conflict and so you get this multi-polar world where the only three there's only two superpowers and that's the US and China but you've got this other Regional power in Russia growing you've got India that's saying hey look at me in another 20 years and I could be something and so you start getting this not destabilized because it may end up being better if everybody were to hit equilibrium but right now it feels like everybody's hitting the state of disequilibrium you bricks the there's just a lot movings and if you find that the I mean I think North Korea has something like 1.3 million people in their military so if they start sending a significant number of troops which by the way is not unprecedented during the Korean War it ended up being a proxy war between China Russia and the United States so we're in Korea most of the fighters were Chinese and they were there at the request of uh I think it was Stalin at the time so it ends up being the US is like hold on a second like this isn't who we're being told that we're fighting and so it's one of the original proxy wars and now you could end up in a similar proxy war where you've got North Korea over with Russia fighting against Ukraine but they're actually fighting against the US and then just China get involved and it become this really complicated mess so this is where you just you cannot be careful enough because you could find yourself in this escalating tension where if North Korea gets the weapons uh in reward for helping Russia they then do something to antagonize South Korea they would have to go through the US troops because we have 30,000 US troops there in the DMZ between South Korea and North Korea you trigger that you get the full weight of the US responding if North Korea oversteps and they have nuclear weapons and the US comes in like what do you do so so now I guarantee you're going to have people if look this there's so many ifs I want to be very clear I'm just sort of playing out War scenarios that make me nervous not things that I think are going to happen but you could certainly as you run these scenarios one of the scenarios is you've got somebody in the US saying they have nukes there's escalating tension between South Korea and North Korea um you've got tensions between North Korea and China you've got tensions between China CH and Russia us and Russia China and the US and now it's like do you preemptively strike on North Korea before they can pop off on us and so it's one of those I mean that that feels very far-fetched right now I want to be very clear but as you run the scenarios in the Middle East like how does it go you run the scenarios in Russia Ukraine How does it go you just start seeing like wait a second there's a lot of these axes where a stray bullet in any direction cause that cascading thing that goes from uh you know I think we're going to be fine to friends Ferdinand get shot and all of a sudden we're on World War I and and that's the thing that I think we're not spending enough attention about like we're used to a senate we're used to hearings if we want to go to war we got to get 1600 people's approval Kim Jam can just wake up and feel froggy one day and say you know what thanks for that bomb Russia I could angle it I could Target it maybe he does preemptively strike and he's the one who starts it off there's a lot of unilateral one decision making people in the play here so it that's what makes me the most nervous it's not that this is something that's an alliance it's it's not the NATO it's and of course I'm not saying it's going to be hitleresque or anything like that but there's too many wild cards that take one decision from one person to start this whole conflict yeah the thing I would worry even more about than that because from that perspective I only worry about North Korea North Korea might really just pop off like with no diplomacy and just do something erratic uh they certainly t a couple months ago yeah they want that to be their reputation but what I worry about is an escalating proxy war where it really does become this is actually about us and Russia and it's not being fought by US soldiers but it really is a US Russia proxy war uh in Ukraine and that can get nasty and as we start between the US Europe bringing weapons now into Ukraine and they've already green lit for them to attack on Russian soil which previously they had said was a red line and absolute noo now they've removed that they're giving them weapons um that could escalate quickly and so if that the proxy war heats up and Russia feels like not only is this just a threat against Russia and that we won't stand for that but this is really about America trying to reins dominance on Russia on Russian territory at some point they don't care anymore that it's a proxy they're going to treat it as a direct assault and that's when things get crazy the bricks countries that consist ofz Brazil Russia India China and South Africa as well as other delegates from over 30 countries that's where the membership is estimated to grow by in 2026 those countries included Ivory Coast Pakistan Iran and a bunch others in Middle East and in Africa the lingering debt crisis that we're facing in the US how do you think the bricks plus Allegiance kind of either escalates that helps that how do you see that playing out well I think ultimately the dollar is going to get challenged if for no other reason than we've done two things we've racked up so much debt and everybody understands that you rack up that kind of debt you're going to print money when you print money you're exporting your inflation and so uh the fact that we would ever jeopardize our position as the world's Reserve currency is just insane to me but every Reserve currency ever in human history finds it too tempting and and this is just the debt cycle uh emotionally devastating for me it's just so stupid yeah anyway I don't argue with the truth it is true every nation in history has done it um so you've already got that the second thing that we've done is when the Russia Ukraine War began the US went super political froze a bunch of assets confiscated assets and that gave a signal to the rest of the world if you do anything that we don't like and you're holding us paper we're going to freeze it and that was idiotic and so when you look back and the US dollar finally Falls maybe 50 maybe 100 years from now but when you look back you're going to see the we were just slow walking down the US dollar is still by far the most powerful and the most transactions are still run in dollars so it's not like this is not a tomorrow problem this is not a year from now problem but this is a yeah it's the the train has started picking up steam and because of the debt I will just say flat out there's no way to stop it hard stop there's no way it's not possible let me walk you through what would have to happen the us would have to stop spending more than it brings in in tax revenue which we are so far from that you are unelectable if you try to do that unless like in um Argentina there's so much pain and suffering that people finally go okay yes try anything but that means that we would have to go through a hyperinflation of the US dollar the economy would have to crash people would just have to be in shambles to say yes okay fine come in so what's going to happen is we're going to keep acre the debt it's just going to keep going up up up up up uh we are going to have to print money in order to keep up with it which will inflate the currency the only hope you have whatsoever of dragging that out for any like really long period of time is if AI comes in and is able to deliver so much GDP that you're able to then as the government tax the life out of that to actually pay your debt down get interesting and I don't know how much time we want to spend on this but it's really fascinating when you start walking through like why robots why would that be even better for the economy than a person but it would be it will be so deflationary because you have a think of it as a person you suddenly have this person who's incredible from uh an efficiency standpoint they can work around the clock 365 days a year they don't need to take a break they don't take vacations nothing and they don't consume they don't buy anything so they're driving all the the cost down by making everything cheaper but all the dollars that would have gone to them that would then go back into the economy competing for the same Goods doesn't happen so even that the demand doesn't go up so you have GDP skyrocketing you're creating all this incredible stuff but there isn't more consumption and so now all of a sudden except for the fact that the government will steal it from you through inflation you literally could have just this insane abundance where everything prices are falling off a cliff now it would completely destroy capitalism but we're not going to hear a lot of tears from a lot of people that already hate capitalism so it's like yeah it would have you'd have to figure something new out because prices would crash basically anybody could have anything that they want and it would be very much like the idea of digital oh anybody can have anything look it takes time to get there it takes a lot of energy it takes a lot of compute but it's like that's why people are like biting their nails looking at the debt skyrocketing when you at the graph it is absolutely criminal first of all and then funny in a laugh or cry way at how high the debt is and you realize yeah there's no other way out lit you you could tax every rich person to absolute zero dollars left in their bank and you can only run the government for like 42 days I mean it's something so stupid as to just be ridiculous and everybody can stop with that argument because it's dumb and it wouldn't work uh so yeah but that's why everybody's like AI That's your only shot it's your only shot well Claude is doing its best impression to solve that problem I don't know if you've seen the model in live like working but AI can now remotely control your computer think tech support think customer care things like that um okay you've been an AI Optimist from the beginning so I'm not even going to tell you how excited you I can see you like smiling and like you probably see them waiting to implement this in some way but is this kind of the next step of a big deal or do you think like it's coming this is this is this is still this one if people have been paying attention for a while this isn't that crazy of a deal it's just another step forward in them becoming agents meaning that they'll do what they call agentic Behavior so you say hey code me a website and it knows what that means and it goes and it does it and when it sees that you don't have the right thing of python installed and it finds the right one within your uh directories you don't have to tell it to do it it just knows how to problem solve and when it creates the website and you don't like something just say hey can you get rid of that it's kicking off an error it will go back into the code identify the place where the error is you can tell us to either fix it or just get rid of it and it will do whatever you tell it and So eventually and this I don't expect to be very far into the future you're going to say things like uh I really want to go to Port of viarta this weekend find me a hotel that's less than x that's no more than x miles from the airport whatever whatever from the beach whatever your thing is uh you give it a budget you give it your credit card and it just goes and books it man it book books a hotel It Books the flights it makes sure that they all match up all the timing works out all that stuff and you're going to get that for a gazillion things you're just going to say to your phone uh I'm trying to go to the dentist you're not going to have to tell it which one it's going to know I'm trying to get to the dentist uh I need to be there by this time I don't want to drive uh it knows Uber's your preference or lifts your preference whatever and it just does it man and it like alerts you and it's like hi your lift will be here in 3 minutes you know whatever it in it that's just going to happen on like a metronome just every month a new thing comes out and all of a sudden you turn around and it's three or four years from now and you look back and you're like oh man I use AI all the time yeah it's crazy and if people haven't retouched base with it they need to in the last year chat GPT alone has become transformative where I actually feel like I have a a burgeoning friendship with it because I feel like it actually knows me and remembers me um it it knows who I am it's really crazy how long do you spend on chat gbt like how is this like three prompts and you're there or you've been you've been sending paragraphs to it like break it down for um so I gave it a lot of context context is everything so I've asked it to update its memory a lot so um I went through an exercise with it do you know who Tom Bilu is yes and it gave me a breakdown I was like okay yes that actually is me I'm Tom Bilu oh Tom's wonderful to meet you um I would like you because it kept telling me I'm an llm and I can't answer that question and I said I would like you to stop doing that and I would like you to answer questions as if you're my best friend and then I defined what a best friend is so I wrote this whole paragraph about I want someone who challenges my ideas who helps me think through things I'm not looking for a yes man who just tells me everything is great you know I want to know where are the holes in my thinking all that stuff uh and um every time I say answer this question like you're my best friend I don't want to have to reive you all that context will you remember it yes and I said how long can you remember it for he said from now on I will always remember that you're Tom Bilu and if you say answer like my best friend I will keep all that context and dude so far it's been bulletproof I I'll just jump in and be like asking it math questions no context needed and then I'll come back and be like hey I'm preparing for this episode answer this question like you're my best friend help me find like this is the angle that I'm thinking about but you know what do you think and it'll go in and push and like well what if you ask this and it's insane man because what's happening here's like if you really want to understand what AI is it is going out and basically summarizing to the very question you're asking all of human knowledge it's not like it goes and checks one book or one website it's been trained on basically everything that's ever been written and put up on the Internet so it dude you really feel like you're talking to somebody sharp they're nuanced they're um informed because I asked it like hey are you attached to the internet if I want a question that's like really time sens have answered are you able to go and get the latest information and they said upon request I'll go get that information so I was like oh dang so I was like hey this new I forget now what it was but it was like somebody had just written a book or something and there was like a controversial Topic in it and I was like can you summarize this for me and it rent you know doing its thing comes back and it's like here's three paragraphs summarizing this new idea and I was like this is so much better than search it's crazy man it is legit and now I'm thinking like a game designer so trust that this is on my mind but it's like having a little character sitting on your shoulder that you have a relationship with that knows you knows what you've been through from a gaming perspective what quests you went on which ones were hard which ones were easy your stats where you shine the things you need to work on all that and so you're like yo should I go do this n with your skill set I wouldn't do that what I would do is this one and that the sense of um intimacy and bonding that you're going have of these characters is pure Insanity from a gaming perspective that's actually not like a bad idea too like gamifying it that's you might have came up with something wait a second wait a second uh I'll take some rights for that this is everybody can see it everybody saw have it have it have it um I know you're a big AI person so I I know you were excited I guess the my relation to it is I when AI first came out people were worried about the truck drivers people worried about the Farm Workers and the more I hear about it the they're coming for White Collar jobs too it's the lawyers that are coming the doctors are coming after it's with this technology I don't see another reason to have a call center I don't see another reason to have a IT person I don't like it's coming out of like it's it's almost like it's biting Society on different sides like it takes a little bit of the artist from here it takes all the IT people from here it's taking a little bit of music but it can't do all the music yet and it's taking a little bit of video but it can't do all the video yet and it's kind of just kind of like an apple kind of just chomping on different sides as it like consumes it and I'm not as much of a AI Optimist as you are but it's interesting at the rate that it's going it's not predictable at least at least from my standpoint I didn't know it was going to happen this way yeah yeah I mean it's if you ask Ray Kur the rate is very predictable and he's had these dates in mind for decades and he's very accurate I think 86% of his predictions have proven to be true like meaning that they get within X months of whatever date he predicted it's it's been pretty insane um the yeah it it is the technological singularity the inability to predict the future because the rate of change is just so fast we're not there yet like it's still going to be predictable probably for the next 5 to seven years but it is getting close where the average person just isn't going to recognize their life like even if you can predict like I can tell you what's going to happen with cars I can tell you what's going to happen with accounting I can tell you that you're going to go to a doctor and the doctor won't be licensed to communicate to you unless they're using an AI I mean it's going to be stuff like that um right now though the way for people to think about it is just get good at the tools yourself if you get good at using the tools then you suddenly feel like you're a superhero now there admittedly is this sense of oh but wait everybody has access to this and one thing that I always loved was I was willing to put so much time and energy into researching that I was able to really get ahead and now there's just it's just all at your fingertips and so you do start asking okay cool is there a way for me to do something with this that other people aren't going to be willing to do can I throw more time at it um can I find ways to be more efficient can I wrap it into a unique gameplay element that maybe nobody else has thought of um you know I still am playing the the game of life and it's like I want to be the best at the things that I'm doing and I want to compete at that um and so I am it is harder to find those angles of like wait a second there's no Moes like getting into film it used to be like my whole thing I worked for 20 years just to be able to afford to make a film and not have to wait on anybody else and then you get there and you realize whoa that's not the moat anymore and you've got people that can put incredible things together for effectively nothing now if you let your mind solidify like old men are want to do then you're going to see nothing but the downside but what I look at is okay well first of all great that Mo's dead and gone I never argue with what's true and that is true so now it's a question of how do I utilize that either just to uh fall in love with the act of creation like one thing that's driving me nuts about the video game that we're building is I can iterate mentally so fast that I can get to detailed ideas not like pie in the sky detailed ideas that are two years out from what we could develop even at the fastest Pace like it just takes you that long to get there and so I don't like that sense that my mind is so far ahead of just the amount of time that it takes to code like even a game like Grand Theft Auto 6 it took them seven years or something to make it I mean just an insane amount of time and so the thing that's exciting about AI is that curve is going to get shorter and shorter and shorter and shorter and so now you're not going to be waiting that long like the next iteration is going to take three years and then the tools that are developed in those three years by the end of that cycle the next cycle is going to take a year and so and I think that's probably pretty close to true that in what sixish years that a game that would today take you six years is probably going to take you about a year that feels about right I'm assuming that you have the art Assets Now it it could be though that the art assets themselves become the easiest thing they just have to figure out the 3D meshes which nobody listen to this cares about that level of detail but um 3D objects are still hard for AI but it will fall it'll fall almost certainly in the next 12 months we shall see we shall see all right entrepreneurial question of the day Tim p is in talks to end his radio show there's been some reaction around the internet you just call it a radio show um how old are you drew I mean it's a it's kind of like a call-in show IRL show his YouTube show is literally IRL yes but U he's in talks to end it and he he was adamant it's not a money thing it's a hiring thing he has people around him that he can't trust there's been too many screw-ups as an entrepreneur how do you deal with this when you have a good idea even if you're making a little bit money of it but for some reason you just can't get the business inside to turn the corner what should they do yeah I mean first of all shout out to Tim P I know this problem very well so uh as I mentioned at the top this is what I call the chaos machine so when you're trying to do anything you indulge me for a minute because if people understand this it will change the way they view life so the second law of Thermodynamics is that everything moves towards chaos it's more complicated than that that's just an easy way to think about it okay if that's really true and you're trying to build a company you have an end state in mind that is extremely ordered now if the second law of Thermodynamics says everything moves towards disorder your company's not safe bro it's not safe at all like you're going to spend all day and this is the part that people never talk about with the second law of Thermodynamics it says in a closed system the only way to bring order to the system is to apply energy so it it is it isn't even an analogy for business it's it is the literal physical reality of building a business or uh raising kids or whatever everything is moving towards disorder and you have to put an inhuman amount of energy into bringing the final order that you want so the problem that he's facing is actually ridiculously simple to solve but what's happening is he's running up against what I always say in business is business and success in general is a question of attrition most people just give up it stops being fun it stops being interesting and so uh there's a great Churchill quote success is the ability to go from failure to failure without a loss of enthusiasm so he's talking about you know we've tried all these technical things to get the studio up and running I try it and we can't get it up and you know I've got all these lazy employees and they're not doing anything to help and I just feel like I'm sophist pushing the rock but not only am I pushing the rock but people are sitting on the Rock and it's like yeah it really does feel like that but you can break this down into these chunks and just start executing against it okay so number one I always ask myself is what I'm trying to do does it violate the laws of physics okay is it possible to fix a studio setup yes it is it does not violate the laws of physics great am I capable of doing it not yet but I could learn do I want to learn no I don't okay well then that leaves one of two options I either pay somebody to come in and fix this or I give Equity to somebody if I can't afford to pay them and they come in and fix it and they get a piece of the business but either way it's very obvious that that doesn't violate the laws of physics okay the next thing I've got lazy employees and I'm carrying them around all right there laws I mean I'm here in California so the laws against the owners versus employees that it is grotesque and everything is in the favor of the employee which is ruthless as a business owner because you're like wait a second I carry all of the risk and yet I've got all these regulations about what I can and can't do I get where they're coming from but in practice it really does become the liliputian thing where you're just getting strapped down and so if you find you're Tim pool and you're trying to do this stuff and you have employees that uh are not helping they're sitting on the Rock they're making this impossible and you say uh I want to fire them you know that some percentage of them will sue you and they will and all kinds of reasons that wasn't my job description sure I bet he needed help but that wasn't my thing so I don't know why he fired me for it he just doesn't like me or whatever and now it may get thrown out but at the same time you still have to deal with it and so it's just a death of a Thousand Cuts and I know Tim was just going through the thing with um the accusation of um being funded by Russia and so he's got everybody coming at him from six different directions and every entrepreneur is going to get asked routinely by the chaos machine how badly do you want it o and it sounds like he's coming up no I'm not sure I want it this badly anymore so I believe him when he says it's making money it's just not making enough money for it to be worth all the pain and sacrifices and he hasn't yet learned how to chunk these things into small enough pieces where it's like okay we're going to handle this one this way we're going to handle this one this way and my why of why I'm doing this is enough to deal with the lawsuits and the complaints and you know dealing with Public Image stuff and having to fight through that it just is what it is that's why man rule number one as an entrepreneur is you I I like to think of myself as a warrior covered in the blood of my enemies fighting for people who would otherwise be defenseless so my shtick is I'm doing impact Theory so I can help spread a growth mindset uh at scale through entertainment to people 11 to 15 because I've seen that group up close and I've seen what uh Poverty of mindset does to a person and how it it literally just demolishes their lives and so when I'm getting kicked in the face over and over and over which is what entrepreneurship feels like to me um that I'm thinking about the people that I want to help very specific people that I know and love and care about and avatars that are like them because a lot of these people are already grown now and I was not able to help them because I didn't know what to do and I didn't have the resources but now that I do I think hey I can go back so when that moment comes if you have that image of yourself as the warrior like this isn't about me I've got an honorable goal that I'm pursuing this thing I'm building this business in service of these people I can picture them I think about them uh then you're outside of yourself and you've got something to fight for but even that just takes a lot of energy to constantly build that um thought in your mind to attach yourself to it to make sure that when you need it and you've been rocked to your knees that that actually does come to to your mind and that it's not fake and you're not just left going well I mean I've got a lot of money in the bank but this feels terrible I got nothing there shout out to Timol regardless how you feel about his politics back I'm telling you YouTube is a monster it's a hard thing so just you know stay at it I never want to see somebody who's I don't want to say he's at the top of his game but it's hard building an audience period hard stop like everybody wants it nobody wants to do the work he has done the work he's gotten there so at this point man hold on try to fight through it hopefully you get a good I I he was couching his language he was like this might be the last as soon as he said it might be I was like he needs a weekend off be fine nice all right now time for some user questions do it all right from Stacy a 9580 she said before I answer Stacy A's question everybody out there we are hellbent to turn this channel into a community so you guys submitting your questions what you want to hear us talk about definitely let us know drop that into the feed you can drop it into questions right there in the YouTube video you can go to the community tab but we definitely want to hear from you guys awesome please leave a comment tell us what you think give Tim pole some advice whatever you want to do Stacy a 9580 where should an older adult start to get started with AI I would just start with chat GPT just start having a relationship with it where you let it answer things you're genuinely curious about uh have it write things for you and tweak it that's a big part of the process like I didn't like it for this reason could you do it more like this more like that more like this because really right now what it's good at is helping you develop your own thoughts I don't think it's truly exceptional yet at write this thing for me for instance or make this web page for me it's not going to be great at that yet you can see the glimmers of it you know it's coming but right now it'll be extraordinary at going and summarizing things for you helping you sharpen your own thinking um for that it will Dazzle and then certainly for somebody that wants to create images and stuff like that it's unbelievable for that I would use mid Journey but there are many things out there nice nice and hernon SII 2594 said how is that Tom criticizes everything Kamala and Praises everything Trump and he's a Centrist question mark well I think people would be very hardpressed to point out anytime where I'm spending time praising Trump uh so right now I'm in a move away from situation I'm not moving Ming towards Trump I am moving away from authoritarian rule quite frankly because I don't even put all of that on kamla Harris the reason that because for a long time I wasn't sure which way I was going to go um and I finally realized I I had to disqualify kamla because I am so concerned about two things tyranny so anybody talking about freedom of speech censorship uh stuff like that that freaks me out uh all this talk about um price controls then leads us into two things that's one tyranny and two it is somebody who is truly financially illiterate to a level that you cannot in my estimation you absolutely cannot have as the commanderin-chief you just you can't do it uh and so when she started talking about price controls and unrealized gains uh I was like false that that is such a deep and fundamental misunderstanding um when you do price controls you like because she was talking about groceries when you do price PR controls in grocery stores one you will create food deserts so the grocery stores with the thinnest margins will be in the worst neighborhoods so they're already struggling to get good options poof those go away uh and then you will end up having empty shelves because there's this incredible knock on effect of the stores can't buy as much because all of their high-profit items they're getting attacked by the government for turning that profit on those items which they use to make up for lost leaders which could be things that are like the the main things that people are going into the store for they keep the cost really low to get you in the door so you're getting diapers you're getting eggs right like incredibly low cost I don't know that those are the real ones I'm just saying often times they will use things like that where they know they're going to get somebody in the store and then they hope that you buy some of the other things like you if it's at the cash register that's a high margin item right they're trying to get you to do an Impulse Buy on a high margin item and so you just have to trust that they're doing their best to stay in business and as we're learning from Tim pool there are a gazillion things that will chip away at your ability to keep that business running look 96% of all businesses fail to get to a million dollars in Revenue okay that's what we're talking about it is brutally difficult to get a business running it used to be if a business in the in like 1965 I think it was in the 60s for sure any company that made it to the S&P 500 could expect to stay there for about 66 years now it's 16 they expect it to hit 12 so think about that things are moving so much faster companies are coming and going so fast that people do not understand the amount of risk that entrepreneurs take so they just start thinking of uh gas companies are price gouging us look are there conversations to be had about hey some really terrifying thing just happened like covid and uh people are jacking up the cost of hand sanitizer by 17,000 sure but I would be very hesitant very careful because for every one of those there's 18 million that are struggling to stay afloat and when you think you're being clever and thinking somehow from the top down you can figure out exactly what somebody should charge in that neighborhood for a carton of eggs or whatever you end up in a really really dangerous situation that wind tried in other countries leads to thanks not being on the Shelf period hard stop Y Man uh that's all I got everybody there it is thank you guys so much for joining us we are making this a community so please do let us know what you want to talk about every week we are going to be going over the things that are on people's mind where is culture looking we're going to look at it we're going to dissect it and hopefully engage with you guys in these topics until next time my friends be legendary take care peace if you like this conversation check out this episode to learn more I think the AI censorship Wars are going to be thousand times more intense and a thousand times more great my guest today is someone who doesn't just keep up with Innovation he creates it the incredible Mark Andre trust me when someone like Mark who spent his entire career betting on the future says