What I’d build if I wanted to get rich with AI

you were talking about boats and as a person who likes the game of business i don't like to get made obsolete i feel like i could rule world i know i could be what i want to at all in in like a days off on a road okay yeah i wanted to show you something so it certainly feels a lot of days like ai makes you obsolete there's something a bunch of different conflicting feelings one is what the hell i gonna do ai i can do everything the other version is i should be doing way more ai can do anything and there's all these other people doing really awesome things around me i i should probably go do something awesome what what what should i go do it seems like i'm it's a really competitive game i'm really late to the race with a lot of these things and you thinking you have all these ideas and then you sit they're at the computer and you're like what should i make if i can make anything yeah that that's one part of it how do i use this to make stuff another part of it is like wow you look at a company like ant philanthropic it's basically the most fast growing it's based the best business in the history of capitalism so far right like they've created two trillion dollars of value in like five years you know it's it's a incredible thing they're doing realize that amongst the seven c cofounder i think they've been around for twenty five hundred dollar twenty five hundred days they have basically created collectively the seven founders ninety six million dollars of net worth every single day since founding yeah bananas i think only owe like two percent of the company now right like seven like fourteen or something but each is like and a half percent or something yeah yeah okay so so you know on one hand you see tons of people making hey and you're like oh i wanna get in on that but it feels very competitive on the other hand you think well if i just go build this thing isn't it gonna be obsolete a day you know what's the future software so i i i really started thinking about where would i go if i really wanted to make something happen right now and so let me show you kind of like my quick thoughts on this skate to where the puck is going not where it has been michael scott and so you know the the goal is what in four or five years is gonna be something we look back at and say man that was now was the time that we should have been doing that five years ago the thing to be doing was to go work at one of these model companies open ai and t you know so on and so forth and so using ai to create video like runway images like mid journey text like chat you know those are the things to go build it was not obvious at the time but for a small number of people they did see that they saw around the corner they saw that this is the place to be that's where the action is so where do i think the action will be over the next five years so you know right now what you will hear about with ai is ai is amazing you'll hear about coding you'll hear about personal agents like instinct or muse or g bot and you'll be hearing about lo but same you see that far left corner you see that down there yeah just says look over here there's something else smaller around the corner for you to go look at and i called this ai in the world of things and so i think that using ai in the world of you know bits which is basically like digital stuff i think has very low returns i think using ai anybody's is like i'm using ai to make content it's a race to the bottom there i think using ai to make make software saas right make tools i think is you know kind of a race the bottom you know do it if it's just where your heart is but to me that's not where the opportunity is so where's is the opportunity i think it's in the world of things what does that mean so the first place i would go look is drugs drugs and miracles so if you go look at there's somebody posted this tweet the other day that was here's a list of people that are curing their own cancer right now and it was basically like you know the guy from git lab who used you know tech right ai plus plus to sequence his tumor to then find to run through like possible drugs that could do it to then s them compound them research ultimately take them and shrink his tumors and get rid of his cancer guy cured his own cancer he has a service that you could sign up for my friend with cancer sign up for and he's doing great and so the and there's like seven other people that are doing the same thing and in general the idea that we are gonna apply ai to science to biology to developing new drugs you know a drug typically took ten years and two billion dollars to make and had like a eighty or ninety percent failure rate pretty tough game and because of those numbers only drug companies have a certain size really play that game and i think what eli lilly is doing is awesome they are like eli lilly like you know leaned in super hard to ai they're you know they're buying compute like they're like they're one of the tech companies or like you the way citadel spinning up its own data centers or james street you know setting up their own data centers to be able to apply ai in the world of finance they're applying ai in the world of drugs and so google has this company called iso morph that demi the the kind of founder of deep mind who who's running ai he's now just kind of like all in on iso morph which is basically great how do we cure cancer how do we how do we go solve some of these big health problems and now is the perfect time to go build a new type of drug company a new type of health company and so i think that's super exciting that's one place to any thoughts that or you want go yeah no i think it's awesome we're seeing it first firsthand a good buddy ben ben old producer ben who had the most dire outlook and he still is not out of the weeds but he or out of the woods or whatever the phrases but he posted an update that he's doing way better and when he tweeted out about those because he has a big following he had all the nerds all the ai nerds like reach out to him and he like got hooked up with all the right people and he is a recipient of some of this stuff so we're seeing like our buddies like actually survive or or or prolong their lives because of this is awesome i mean if you haven't seen it go watch ben's tweet i it was like i opened up my phone on saturday morning watch that thing and basically crying i was so happy you so much better yeah he looks better he sounds better but he's doing better right he's like it's you know he's like still got cancer but it's i mean a dramatic improvement from this drug and the way he tells the story is amazing at every everybody go watch that it'll it'll it'll make your day so okay so i think this is like a super exciting space if you're a smart person join one of these companies go build one of these companies like there's never been a better time to go do something that has high impact and the technology window has opened where new things are gonna happen and there's new results possible that really that technology window was not anywhere near as attractive in the past oh do see that i just stepped over a million dollar problem a million dollar business idea and that's the thing most people walk by these million dollar ideas all the time and they don't even notice and so our friends at sutter story they put together a list of ninety business idea each one it's vetted they're all real problems real gaps in the market because they talk to hundreds of entrepreneurs and they put together this amazing stuff that's incredibly well researched and so if you wanna find a bunch of amazing business opportunities you can get it for free just scan the qr code or click to link in the description okay the next is food is technology i don't know if you saw this there's a a yc company called i wanna call this is called nit duck that just came out of stone and basically they're doing like genetically modified food you know using crispr to change fruit so that it like grows better higher yield tastes better better for you like at all the good things that somebody would want out of growing food like how somebody invented the honey chris apple it took twenty years to do it and it and we get it twenty four or three hundred sixty five days a year it's incredible it's incredible where does the food come from dude where does the food come from right like you know i just walk at the grocery store it's just there it's not just there it comes from somewhere and like like you said like that variant of that fruit that came from somewhere like you like each one of these things is a genetic being a genetic like organism and those organisms just like we're gonna be applying you know biotech and ai to our bodies we're gonna be applying it to plant bodies and so super exciting you know i think david fried berg is probably the most well known entrepreneur that's doing something here he's trying to make like you know potatoes and corn like new new versions of of these foods that are better seeds better crops that farmers can then use to get better yields to have better whether it's better flavor better for you or better production and so just the idea of a plant that food is a technology and that again the technology window is open to me there's so much exciting stuff that could be done there ranging from technology that works the fields you know some new kinds of tractors and you know using camp computer vision and whatnot to actually like help grow the crops to actual seeds of the food new food you know new types of food i think this is like super super exciting and you know so much work can be done there alright what's the next one walt war yeah next one warfare so you know there's the idea like if i picture in my mind like the military machine of america you know i think about tanks and soldiers and boats and maybe some like fighter jets and i think you know okay i'm speaking a little out of churn here i don't know actually what's going on with the war here but i suspect that that is a bit of a fantasy it's like you know my wife growing up dreaming about her wedding because she just like had this vision in her mind that didn't meet reality for a very long time you know the little girl when she was you know eight versus like when she was thirty getting married like a lot change and i think what's the same thing is is similar with what war probably will look like at this point which is drones fighting drones it's you know unmanned tiny aircraft that are super cheap to build i think this is what's going on in ukraine and other places where you can spend you can send really expensive equipment out there but they can just send like you know a little piece of you know a piece of junk metal autonomously flying is super cheap to make you can make in high volume and it could do a lot of damage and so i think warfare probably you know and obviously is doing really interesting things there there's other companies you know lo still has a company that's you know kind of a underwater you know the sort of navy the navy version of and did you read about you know how we took the took the leader of venezuela i didn't read how did we do it well when they do it was basically let let well so they when wherever they took them it was like in the middle of a city and i'm almost i'm not positive but i think either no one died or like close to no one died mh and people are like how did how did this happen and they were talking to people on the ground and they're like we don't know what happened we saw the helicopter laying on the roof and we were standing there and we couldn't do anything and they were like what you mean like we couldn't move and people are like what do even you couldn't move and it turns out they use like this new weapon that's like a it sounds science science fiction it's like a a array of stuff that like it's like a array that shines down to you and like stun you and you can't move or think and people could just go yeah yes look look up what happened yes yes this is like a thing hey yes where like they basically there was a case tag so on google reports claimed that the us forces use a mysterious sonic or directed energy weapon during the january thirteen two thousand sixteen raid that captured the the leader eye witnesses that a security guard claimed that it was an intense unknown force described as a powerful son wave or directed energy and it made him feel like he was exposing causing the guards to bleed from the nose vomit and collapsed to the ground donald trump called it he used disco with describing the weapon yeah but it was like this new weapon that just like caught like they couldn't do anything it didn't kill him but they couldn't they couldn't move that's wild i bet a guy in san francisco you know if you go to san francisco you sort of walk around you'll just meet like random packers that are doing very interesting thing so i go into this one place they used to be an old auto body shop that my friend had turned into kind of like a hardware c working space with just like place for his investments to go work and there was one dude in there was eleven pm there's one guy in there and he goes oh you better you might wanna back up you're like what this guy is he was like i'm building lasers that it can shoot drones from like extremely high distances way and i was like i walking to run yeah i was like i was gonna record a podcast can i do that right now and then we was like i don't know so yeah i i think there's crazy shit going on work for it i think like you know obviously there's a lot happening here but you know if you think about ai applied to the world of things this is obviously a space that's gonna happen hey let's take a quick break you know that feeling when strategy is done the brief is written everyone's aligned and you realize someone still has to sit down and actually create all the content that someone is usually you and it's due tomorrow well the breeze assistant from hubspot can help it works right inside hubspot you can draft campaign copy blog posts emails all in your brand voice all using your actual customer data so you don't create just content you create content that converts check out hubspot dot com the agent customer platform for growing businesses next one building homes with ai and robots and i don't know if you've been following this but one of the big things that's can improve the quality of life of humans is if we can bring the cost of living down right a lot of people stress stems from the cost of living and just feeling like they're constantly underwater with how expensive it is and the most expensive part of your life is gonna be you know for most people is you know their their home the place they live i think right now the mortgage rates are seven point two five percent i think you know where i live i think i don't know what the cost to build per square foot is but it's something like you know for a nice home in this area it'll be like six to eight hundred dollars a square foot let's just say it roughly and there are people who are building homes like pre fab high end homes that could be done at twenty times cheaper twenty times and so you know if you could do something that twenty times cheaper for something that you know the construction industry is a gigantic industry is one of the biggest industries in the world and i feel like we are within ten years away from there being a kinda night and day difference of the cost to build a home if you wanna go see some crazy shit go look up zoo tech this is our friend nick mow who is on the podcast who and his brother or like you know to of the craziest entrepreneurs in the world they have a factory in china that is literally printing homes so what they do is they may they basically like print a home a day and when i say print that sounds like some cheap three d printing shit no these guys bought when the when the fires happened in la and people's homes burned down and those lots were kind of ruined and there there was no no like nobody the people who didn't wanna rebuild they had to sell these guys bought i think like sixty to eighty million dollars worth of lots out there and they're building like twenty thirty forty million dollar homes that are gonna be built in a factory in china and what they're doing is literally you type three three d printing not the right word it's like it's not more efficient way to more a more efficient way to like pour concrete it's if you've ever seen how like the iphone factory works where it's this incredibly automated factory in china or they're just spitting out these incredible devices that a billion people will use and it's like the highest quality manufacturing you can do these guys are doing that but they're making homes instead of iphones and so they figured out you know each part of the the home like how to how to build it and they're building these like luxury homes that are modular can be assembled on spot almost like lego block style and if you go look at lulu quick simulator he basically was showing these he's like yeah like we made this home and you know just to test the seismic resilience of it we had to build in the factory a earthquake simulator where we could put this you know five thousand square foot home or whatever and then we can run it through the five biggest earthquakes that have happened on earth in the last fifty years so hey let's push this button and that's the chilean earthquake let's push this button and that's the huge one that happened in you know morocco or whatever and this basically shaking the home making sure that it's it's architectural sound that it doesn't you know what and they're iterating on these homes daily and then they take the home and they put it right now they're just put it outside the factory so outside the factory there's like a hundred homes in a row where the workers just go live as they're building they're like iterating over their prototypes every single day it just like what are the most insane projects in the world right now most people have no clue even happening it's like elon level of ambition technical scope change the world when it works type of shit and it's real this is not like pipe dream it's not silicon valley where you're like raising money these guys raise no money they put a billion dollars of their own personal capital into funding this thing took no external capital and they're just building it in china the and they because they've spent twenty years building highly automated factories in china they started in the toy business and i don't know if you know this but the toy business is like if you like if you ask elon who he admire in terms of manufacturing and he'll say lego because to manufacture at scale with absolute precision a lego block that's gonna perfectly fit into every other lego block it can't be off even by like the smallest amount or like when they were doing the tesla cars he would famously like there's a meeting where he had a a hot wheels car and he's like hearing all the problems of their assembly he's like why don't we do it like this you know they just inject the whole bottom thing as one mold it's not two hundred pieces it's one mold and they're like well elon that's a tiny car that's two inches big he's like yeah but what if we just made it bigger and they built their own custom like molding thing for the bottom of cars and they actually pulled it off and it just radically simplified their assembly process and now and then they got ahead of all the other car manufacturers they're only ones that did it for like seven years because they owned all the machines that were the only they built the only machines i could do it at that size and so being great at toy manufacturing actually translates really well to manufacturing other things are you is that your presentation you done or there more because i wanna i wanna wanna talk to you about it but just wanna like played off the stage okay i no no i wanna ask you about it but i don't wanna like derail it let me just give you okay i'm just gonna say the other ones i'm even gonna explain them alright new materials i don't even fully understand this i would need to go hang out with some like crazy people because this is like when you hear it and it's crazy talk but there's people in san francisco they're like trying to literally do a they're like oh we made gold we figured out we can literally make gold out of like this other material or they're literally trying to just invent new materials so actual material science is happening i find that to be interesting but way above my pre grade f for everything so full self driving everything so i don't people understand like self driving cars are definitely here like i i get in my tesla every day push the button it drives ninety something ninety five percent of all the miles the only time i take over is basically in parking lots where i wanna pick my spot and i don't like the spot it's gonna pick for me so it's crazy how self driving works but they're now applying that to everything so forklift inside of warehouses machines that go clean windows at the top of skyscrapers so there's basically like the machines that will fix the world like how do you go get the barn off the ship how do you go you know maintain bridges that are not being maintained today and so people are building the machines that will go automatically go maintain our world our living world that today like takes a lot of human effort to go maintain weather in oceans we had willow o'brien on and he was talking about like basically ocean tech so the way that space and space tech has gotten super hot with spacex and others ocean tech is you know right around the corner for the same thing and the last one is human body hardware so this is neuro link this is basically it's ai in the world of things but the things are us and you know i a friend tyler who's been working for years on this thing called adam lim and he basically you know he's like you know somebody goes to war they fight for a country they lose their arm or their leg they're given this really shitty prosthetic like stiff piece plastic this piece of junk where the technology is actually out there now where you can put a robotic arm onto your arm that you can use your mind to say pick that up and it'll pick it up it's kind of a shame that we just haven't done the engineering to bring the cost down for people who come back from wars or have like you know tragedies where they lose a limb we can actually give them a really superior limb if we just do the do the hard work and engineering to actually bring the cost down where it's affordable and let people know that this exists and you don't have to have a a prosthetic dump and i think that's really inspiring to me this is awesome i feel very optimistic because i've been like trying to figure out i read a lot of history because i'm trying to one thing to figure out what makes america so special like how how did this experiment come to be it's pretty crazy how like these group guys like had this opinion on what the world should be and two hundred and fifty years later like it's mostly great and i was reading books on it and between like eighteen eighty and like nineteen seventy or so there was this massive explosion of american growth and part of it was like our values and ideas like this idea of individual liberty a quality private property capitalism like that all like combined and we were the first country that was founded with that collective group of principles we were the first one that really had that but one of the reasons why america became so special was in like the eighteen nineties eighteen eighties or so rockefeller discovered oil and then soon after carnegie started trading steel using iron ore and we had so many resources in america that basically everyone talks about the gold rush the bigger rush was out of duluth minnesota where we had this massive mine that created the stuff called iron ore which was used to create steel and we also had huge copper mines and you could put it on a ship base out of duluth and it could go through the great lakes which is basically the size of an ocean and great lakes are huge and it can get up to new york and get up to all these amazing places really really fast to the point where in the nineteen fifties we were transporting so much iron ore that that was enough to create fifty million cars a year that's how much we were transporting on the great lakes and then we were growing all this food in the farmland lands because of america because one of america's greatest abilities is to grow tons and tons of food and so we had all these people and we had fifty states that were tariff free and so like i was reading about like the massive resources in america and that we don't get enough credit i mean it was locked but we don't get credit like that's one of the reasons that made us great and then the nineteen forties world war two happened in every place in a europe and a lot of places in north africa in asia were destroyed but we were good we were good because a we are so far away and b we didn't get destroyed and so i was thinking i'm like i feel like we're gonna go through another one of these things because if you look at the data center creation in america it's like way beyond most every other country right now and it feels like we're gonna go through this another one of these industrial revolutions simply because of our entrepreneurial spirit but also the huge amount of resources including people we have so many people working on this stuff so whenever you talk about this i'm like america is gonna go through this massive massive explosion i don't know how it's gonna look i don't know how long it's gonna take but it seems very comparable to the industrial revolution yeah it's interesting i mean i i was in a group chat yesterday and i think people have there's one way to look at it is exactly what you said that's it would say a very optimistic take i think a another group of people feel extremely pessimistic and you know if i blow down what are they pessimistic about it's basically the most popular parts of america like new york california are trending towards socialism so you know a hatred of billionaires is a hatred of companies hatred of ai you know like there's a lot of like negativity towards those exact things those drivers of progress that you just talked about right capitalism and and obviously output of capitalism is that you can build a successful company and you can become very wealthy and you can you know go compete and build new technologies and all those things and then you can you know take those resources you have and reinvest them in the next you know in others right and that self sustain all the progress and so i think one negative view is have you you know are we losing are we losing what made us great in that way another piece of the negativity is you know have we hollow out our ability to actually build things you know for so long we kind of outsource manufacturing to china and so now trying to get back and kind of reassure or re skill or re is like sounds good easy to pump your fist tube really hard to do do we actually have the stomach to do it it's like a big company that hasn't innovated in a very long time and even if you realize you need to innovate can you can you actually move such a big ship can you culturally like get back to that or not i think that's another one and then the third one is like you know general skepticism around ai so you know either ai is so good that we're all gonna lose our jobs and people are gonna be out of work or ai is so is not as good as it's advertised and it's a huge bubble and this is all you know it's gonna tank the market because everybody's overs spending on it you just sort of like a no win proposition and so it's funny to hear you say that because several of our friends in a group chat literally had like such a negative view that was so foreign to me but you know i understand where they're come from so a lot of times people at the podcast they'll reach out to me and they're wondering hey same sean how do you meet all these amazing entrepreneurs how do you find all these stories well i have a hack you see i actually have a community called hampton it's a community for entrepreneurs doing at least three million revenue although we do on average something like twenty five million dollars in revenue we have the founders of door a fig of blue shoe all these amazing companies are part of hampton and what's interesting is because of the environment in hampton which frankly is very similar to my first million we have a very unique high trust environment when people applying and go through the vetting process they're putting in groups of like eight or nine other entrepreneurs and they get real about everything that's going on in their life and in their business and sorta like when people listen to m they get inspired to come up with new solutions for business that's what happens in real life in hampton it's life changing and so if you're a founder of a start it is at least three million dollars in revenue and you just wanna go ahead and pull forward five or ten years worth of success then check it out the url is join hampton dot com again the url join hampton dot com well i think that i don't i would change the word pessimism towards and switch to uncertainty and fear which is very understandable i think that what we're missing now is good common sense leaders who can say things like america's amazing and we have problems that we should fix capitalism is amazing and i understand why you guys are upset that housing is so expensive let's try to fix that like it just seems like there's this you have like guys like trump on one side and then like at ao on the other side and they say such polarizing things do you think that those people don't exist or do you think that the incentive of the media machine is that the more the farther to one end you go the louder your voice gets right because it's more second one you get more attention the second one i think that most people can't like it just it's insane to me that capitalism is considered an insult or a negative word right and i i just there there needs to be like ways to reclaim some of these words that people use for example the democrat socialism of america like when they talk about socialism i'm like that's that's really historically that's quite bad that's not like a good thing to do now when you i'm not like i would concern myself very moderate i don't consider myself to be like total libertarian where anything goes and also i like capitalism i like immigrants i like like i but there needs to be someone who like has this like fairly common sense approach where they can bridge both sides and and and talk about this in plain simple language right and a charismatic way because that's very important where you but you can't be fear based and you can't say like this other side is gonna ruin everything or capital is evil etcetera yeah i've actually i always thought that somebody should make the common sense political party because i think common sense is such a such an amazing phrase that lets you take the moral high ground common sense if you say you're the common sense party it a implies that everybody else is being a dumbass right like everybody else is not using common sense if they're on if they're not in the common sense party and then also who can argue with common sense it's sort of like when you know trump came out was america first or make america great again it's like won't who can take the other side of that who can say no no not america first right like you know he took the moral high ground with a sort ina thing that he could then put his agenda underneath and i think if somebody really wanted to create like instead of being like moderate which basically sounds like the tamper down has of everything the passive the middle they're not gonna do anything party it's the you know i think that that or like you know the third party the alternates it's like you know they always make themselves sound less than like third place and i think you have to basically go in and go into one of the parties but hijack it and and rename the platform around being the common sense candidate and then just constantly beat the drum of common sense and i think a sufficiently charismatic person could use language like that and go pretty far i would love to see it yeah like for example there's so many things that trump will say and i'm like okay well that policy i don't disagree with but i don't like how you talk i don't like how you're rude to people so it's hard for it like you know there's the emotional side where it's like i don't like supporting you because i don't think that you do great things and then like a left person will say something like when man will say something and i'm like okay but can free preschool that doesn't sound so bad because that's something he enacted that didn't sound so bad but all this other shit about free stuff i don't like that and so i don't wanna agree with you know what i mean and so but he does in a very charismatic way and so i'm like i just wish that there was a charismatic fairly moderate common sense person who could save like ai is good we will use it to help us america's amazing and also we need to fix these things in our country and also capitalism capitalism rocks and we could try to make housing more affordable so our room could be happy and have some type of say safety that and so i just wish that we could have that and i think if we get that which i frankly i think we will i do think that there are a lot of sort of weird like we've all just become we've all just accepted this like you a country full of very smart high agency brilliant there's brilliant people there's brilliant people in the country and yet if like an alien came down and was trying to understand what was going on and it's like the mckinsey of aliens he's like consulting this he's doing a quick audit just doing a quick quick management check here of what's going on they'd be like but why don't you why are the leaders always like this like is this are these the two best people in the country like wouldn't you want the two best people in the country kinda going head to head to see who should be the leader of the country and like does does anyone think those are the two best people like that that's a kind of a it's like a kind of bizarre thing that we've all just sort of like i guess that's just how it is and like why are you being such a dick about your own people like something i don't understand i'm like we're trying to get we gotta get rally everyone together you don't what want to like be an asshole but yeah i i i i think trying to participate that much of politics but it is this is a curious person it's it's just very curious like how we ended up here right like you said this thing like what made america great and i feel like everybody can it's everybody can attach their own pet reason why but it's more like charlie mu says like a lull palo effect like anytime you have this extreme outlier it's usually a a rare combination of seven or eight tailwind at once that came together that creates such a huge outlier effect and so it's was like yeah maybe there was some natural resources at the right time maybe it was the culture and the values maybe it was incentives and systems that you had the sort of capitalist incentive system that allowed you know those who were high agency and willing to create things that were a value for people would would go into competition with other people doing the same which would create the best products in the market which would create you know these winner take all dynamics right like you would you could assign like many different possible causes and they all probably played their part maybe it's just that we were a new and it's sort of like when africa i never installed you know landline and they just leap from straight to mobile right like maybe america was just got to be new and got the leap fraud where other countries we we had like a hundred and fifty years of practice so the colonies were kinda like running themselves on their own and then they're like yeah we're not feeling this england thing we're gonna go ahead and just put on pen a paper on these rules that we've been doing right and they had a fresh start and there's clearly a network effect where when you have the best economy then you attract the best people the best people then working the economy which makes the economy better and you gets kinda runaway thing that happens okay great so there's like all these things and so you know it's interesting to know what what made it work and it's interesting to know like why the weird broken parts are are weird and broken despite having all these advantages and all these really smart people who mean well in the country like how does that still happen what are the larger forces at play that are pretty hard to fight but the point that i'm trying to make is you you presented all these interesting opportunities and i buy into all of them and we have i think america's is uniquely set up to be the petri dish where a lot of these things grow very very quickly so long as we don't get in our own way because we have the it's sort of like you know a seven foot tall eighth grader who gets drafted number one like it's there just don't blow it like it's there you know so the i i i'm really excited for that frankly and i understand the fear and pessimism i totally do because it is a lot of uncertainty but i'm pretty bullish on a lot of this stuff and making it life making life better not just in america but around the world so i'm excited about it so one of the reasons i brought this up is i have a cousin he's really smart he's like the it we're like the same age he's basically like smarter better look version of me and he was recently became a free so he's like sold his companies think about what to do next and he was about to do what i think a lot of people do which is we look inside the peep and we say alright what do i see what's the best thing i see here when actually the job is to expand your field division just you're not even looking at what the possibilities could be yet you're still looking at a very narrow limited set of what's possible you know who are the people i know what could i do with them what are the jobs or companies available around me where i happen to live what did i do in the past and what what did i yeah what do i explain at what of my experience and then i'll me stay in that industry let me stay in that job even if that industry is not the one that has a huge tailwind behind you you know when really this thing to think about is like wow i'm a free agent i'm a really smart person and i have the opportunity to go do anything right now why don't i put kind of my investor hat on and think like an investor of like where is the best body of water that i should go be in as mark pink has said on our podcast like go find the right body of water that's far more important than i'm trying to be the best sailor in a shitty body of water and you know when mark pink was talking about that he was basically saying social media was the the right body of water to be in back in the early two thousands when he was building social networks and then ended up in the building z and invested in facebook and like made a bunch of money doing that right and so i was told i told my cousin i said i said why don't you just write down the five most interesting things that are like most interesting companies you've seen that you think like if i gave you you know ten million dollars and you were gonna you got to keep all the profit but you have to invest in these five companies which five companies would you pick and he's like i don't know and i was like that's a good exercise to do it's a much better exercise to do because it it gets you to stop thinking like a like a worker and start thinking like an investor investors have this incredible benefit that they get to go where the action is they move where the where the money is to be made where the opportunity is is happening where the growth is happening and they move themselves are more more nomadic then entrepreneurs tend to be or employees tend to be who like to stay in their industry stay in their lanes and he did the exercise he sent me the companies it was kind of eye opening for him to be like oh yeah like i have really admit i don't even really know that much about this but my gut says there's something here because i know this and actually i'm gonna go look more into that start looking more into it it started to expand his horizon i think that's what my hope is that when somebody sees a debt like this is that it takes whatever like narrow field of view you had and just says like you should probably widen that you should probably think more like somebody who's of like a total free agent more nomadic doesn't need to stay in their lane because the opportunities are like bigger than anything we've ever seen but it's all gonna be in the new spaces where you don't have a lot of experience or you don't have a lot of intel you don't need to have it look at this you know in this presentation i it's not like i went deeply researched any of these but i know enough to know that there's a lot of opportunity in each one of these and you just have to get then go start digging and figure out what's the exact angle just gonna be ambitious when i see these things i'm like i really want that to happen i'm not gonna do it but i want someone to do it well we're in a different season right yeah when you when you're in your twenties you probably would have wanted to go do it yeah i'm like i wanna watch someone do that like we both of us move to san francisco because we're like i don't know what that's the right body water to be in let's just go figure things out when we're gonna worked and it won't worked it worked amazingly well maybe even if you just get the crumbs it works totally and i that's what i think it is you know there's both moving geographically but also like move where the puck is going and i think this is where the puck is going i think ai in the world of things is where the puck is going over the next ten years that's where a lot of the opportunities gonna go and you know go pick any of these and and there's a lot of lot of good stuff you can be and the good thing about each one of these is not really like hey here's how you make money it's here's how like the world is about to change like you know like for the better like all of these are gonna change the world for the better and so you get to go have impact while doing cool new shit while making a bunch of money i was like what one more you just like appropriated the word internet of things do you remember that that was supposed to be like o'reilly media was like that's gonna be the thing the internet of smart bridges yeah and it like never take off like where to make our appliances talk to each other it did not you know it they wanted it to happen it did not happen and yeah you just took that now it's actually gonna happen they were about twenty five years too early do remember how they tried to make that a thing yeah i think it's kind of a thing i feel like annoying i have to download an app to to use a bunch of shit that doesn't need an app so i guess they're trying to make it a thing still some but somebody's out there fighting the good fight still yeah to like log in to use my vacuum i'm like why i don't i don't know i don't know why that's necessary good presentation nine out of ten appreciate you out of ten alright that's it that's a pod i feel like i could rude world i know i could be what i want to from at all in it like a day's off on a road less travel a looking bag alright of my friends i have a new podcast for you guys to check out it's called content is profit and it's hosted by luis and ph ka after years of building content teams and frameworks for companies like red bull and orange theory fitness luis and fans are on a mission to bridge the gap between content and revenue in each episode you're gonna hear from top entrepreneurs and creators and you're gonna hear him share their secrets and strategies to turn their content into profit so you can check out content is profit wherever you get your podcast