Music Dies, Crypto Crumbles | MCA3

Welcome to the Morpheus Cyber Podcast. Today, music dies, crypto crumbles. When AI can fool 97% of people in quantum computers threatened to break Bitcoin, we're living in interesting times. Grab your phone and vote in our live polls. A-ha slides dot com slash MCA3. Turns out 97% of us can't tell AI music from human creativity and so much from the soul of art. Trump's new AI XR has venture capital conflicts that would make a blockchain blush. Amazon just declared war on open AI with NOBA models because apparently AWS wasn't monopolistic enough. Quantum computers are about to turn your crypto wallet into expensive digital confetti. Go to long with us at aahaslides.com slash MCA3. Let's dive in. Okay, guys, here we are. It is recording day. Hey, thanks for joining us. We are the three sub billionaire podcasters on Morpheus cyber dot com. Thanks for joining us today. We are moving ahead and one of the features that we have is tech features index. And that's tech features index dot com. But I want to introduce to you Jim Roundsville who is a longtime friend and technologist and another sub billionaire and Gus Stein and all of us have known one another for 20 plus years. But we decided to get together and have a podcast about the topics that we work in and live in on a regular basis. And that is AI cyber crypto quantum robotics. Okay, so here we are. We're kicking it off. And Jim, how you doing today? What's been going on in your life? AI is a big part of my world and everything. Now it is everyone else. I hope that's the future for everyone. So if you're out there listening today and you're not aware of how to use AI, it's your future. Whether you want to admit it or not, you're going to have to become part of that whole group of people that know how to use AI. It's heard it said the other day, I think one of the newscasters was asking one of Trump's cabinet saying, how do you think this is going to affect the jobs market? Are people going to lose their jobs because of AI and all of this? And he said, just think of it this way. AI is your personal tutor. Your boss asked you to do something. You run to AI and you ask him how to do it. And you respond and you win. You do better. You keep your job. It just makes everything better. Now that's the same thing as we're looking now at AI and it's the stock market and all of that. We all volunteered to use different AI's to try to pick stocks. And so we're doing that. We're trying to learn whether or not AI is good at helping us in the stock market. And so far, I'd say it's... Gus, what do you think? I agree with what Jen said, but I wanted to say what's new in my life is that it just became a grandfather. Congratulations. Yeah. Yeah, my own daughter just had a baby, Bradley. And he's going to be a recipient of the baby fund. Yeah. And I was talking to her all about that $100,000. Yeah, when did that actually, I think it started January 1st, 2025, every baby? Your grandfather didn't, they haven't kicked it out yet. Right now, you have to go to... First of all, you have to have a social security number, which nowadays oftentimes happens at birth and never happen when my kids... No. But so most babies do have a social security number, but then there's an IRS form that you can go apply for it. So I told my daughter all about that and she's excited. Yeah, I know. Yeah. And who was it, Michael Dell and his wife and family gave what was it? $6.25 billion to 25 million children. And that includes all miners. 25 million miners are getting $250 into that same Trump fund from the Dell Family Foundation. Yeah, that's awesome. It's great. And I think other companies will follow suit. That's just a drop in the bucket and a big picture of things, but if a thousand companies do, that's going to be pretty empowering. Exactly. Certainly Microsoft and Google have deep pockets and Apple. They could all do that. So we'll see. Bill Gates and Warren Buffett have committed to giving all of their wealth away while they're still alive and or when they die, what have you. But this is a good place for that kind of wealth to be going to as well. So if you look at the bottom right hand corner of the Tech Futures Index dashboard, you'll see the baby franchise growth. And there I put, we put a chart together where it starts at age zero. And as it grows, there's a conservative estimate of about what you're going to get, which would be by the time I think that they are 18 or 20, I think I calculated that out. You can go to the site and you can calculate it techfeaturesindex.com. And you can see that conservatively, we're probably looking at that $1,000 of every child born in America will be funded. And at the end of I think 18 years, it's at 6,848 if it's just invested in the S&P. Just invested in the S&P. And if you add any money to it, like there's $250, it just got added by the Dell Foundation. So that's $1,250. And companies can add to that, I think $2,500 a year. Parents can add $5,000 a year if they want. And that money starts to grow. And if it's fed by additional monies and it's got an aggressive 18% return, that's going to be $62,000 by the time they're 18. And that's where we're at numbers. Yeah. So that's 18% conservative. But what a great way to teach the nation how to save. Before that, there was not some default place to put gifts of money. And so money would go directly to people instead of putting them into this thing that would grow. And it was very, very well. Yeah, absolutely. That's the key. But it definitely is teaching the nation how to invest. And it's franchising. That's why I call it the baby franchise. It's franchising children into the capitalist system that we have here in America. And a lot of people feel quite disenfranchised right now. So it's good that we're finding ways to basically incentivize, franchise all of these every American in the future of the capitalist system that has basically built the world and pulled the world up, not just America, but the rest of the world's been pulled up by these same capital markets. Now, in addition to the baby franchise, if you look in the top left, we've got our six different, or five different technologies, quantum, crypto, robotics, cyber security, and AI. And I just am taking this report is for the last two weeks. And so you can see what's been going on. Quantum's doing nicely, crypto's up, but it went way down two weeks ago, two and a half weeks ago. And now it's started to come back up. So it shows again, but if you've been following it, it dropped a lot a couple of weeks ago. And I was talking earlier when Gus has pointed out, though, that the overall trend is much different. If you look out a further timeframe, like a couple of months or something, Gus, what were you talking about when you were selling that? Six weeks ago, I think it was six weeks ago, roughly Bitcoin was at an all time high. Now it's what 90, okay? Yeah, my daughter Sarah sold, she didn't sell the whole Bitcoin. She bought a Tesla and she had one or two Bitcoin. So she sold part of it and enough to pay the taxes on selling the Bitcoin. And she bought herself a brand new Tesla with all of the bells and whistles and the full self-driving and that sort of thing. Because that girl drives like a maniac with two kids who are in sports and they're traveling sports every single day. She's driving long distances to take them to all the practices and then on weekends, it's even more because it's all over Nevada and Northern California. Now she can just stay home, just tell Tesla to take them to practice and then come back. Theoretically, theoretically. That's interesting. Can you do that with your kids? I don't think you can do that. I don't know if you can or not, but those are the questions that are going to come up. Cyber cab, right? When Elon has a cyber cab, you'll have a cyber cab out in front of your house, picking up your kids to take him to school. I don't know why that wouldn't be. It's safer than us driving them statistically. That's true. Sadly. So that brings me to another issue and another thing that we have on the Tech Futures Index, which is in the top right-hand corner, you see the net worth per capita of nations who have a sovereign wealth fund. So let's just take a look at Norway, where every single Norwegian is worth $338,000. Why? Because way back, I think in the 90s or maybe even before, they put together a sovereign wealth fund. And so every one of their citizens is worth $338,000 now. Now, if you look on the far, although the Americans do not have a sovereign wealth fund yet, but it is coming, we are collectively every man, woman, and even those babies are worth minus $112,000, which is just illustrative of how other nations are looking out for their citizens, and we are way far behind in the debt. Now, there may be other countries who have similar debt, but the thing is we can get the debt because they know we'll pay it back. A lot of nations, Greece almost went bankrupt, what, 10, 15 years ago, because they had so much debt and the EU who gave out that debt had to take a haircut on it, right? And then they also had to go into a massive austerity program, not a fun picture for all those retirees, right? Who's, their social security essentially is being clipped and that sort of thing. So anyway, that's what Tech Futures Index has on it. Now, if you take a look at the bottom left, we have the private index. Now, why did we do that, guys? Because there's all of these AI companies, robotics companies, and they're not even public yet, right? So we wanted to have some way to look at these private index rankings. And for those of you who might be interested, this is not an investment site per se, but it's definitely good for talking points, like these talking points that we have here today. But the private index rankings are to show what like anthropic and cursor and XAI and OpenAI and SpaceX and Stripe is not a public company. Canva, many of you may know those things and then of course bite dance. But we wanted to have some way of seeing the ups and downs of private indexes or the private funds going into these private companies and just have some way of seeing how they're doing what their valuations are. So we have an index and you can see that anthropics on top right at the moment. But we have a valuation number there and cursor that we've been talking about on the pod here, just got $2.3 billion and that's in the little notes there in the latest news and they have a $29.3 billion valuation as a result of that $2.3 billion raise. But when these companies start going public, it's a good idea to be watching them because watching what they're doing and the private rankings are gonna help you understand if you wanna participate in the IPO. Okay. And it's all related to our companies. So there's AI companies in there, there's robotics, cyber, crypto, et cetera that you can take a look at. And so in one eyeball shot, you can pretty much get if you're following tech stocks and the growing market, you can watch this. And if there is a bubble, we're gonna see it, right? And we'll see the bubble and then we'll see the bubble burst and we'll be there because we've got the data to take a look at it. And this is primarily historical purposes because things are gonna change rapidly every month with all of these companies, especially the AI companies. They are voluptial to stay at least, just in the sense that they're racking up so much just creating these data centers and the ability to deliver on this, they know that now they're highly leveraged down the road. We're gonna see some profits that come in and that's when you're referring to the money. Well, that's true. Yeah, there might be an IPO at that point. But we're gonna have to watch it down the road. But yeah, this is nice to see the historical where they come from over time. It's pretty nice. And no one else is doing this that I know of. It's pretty cool. Yeah, well, good job. Good job on that. Thanks, guys. Yeah, Robin Hood does have some of these people have bought privately. They've bought open AI and SpaceX and different companies like that. And Robin Hood has created a fund where these people can put some of those stocks that they bought privately into funds that are for sophisticated investors on Robin Hood that you can invest in. And they actually are building an index. You might wanna follow that. Cool. Excellent. It's really a very informative app. And so if you don't know anything about investing, which I'm not a big, knowledgeable person in investing, do have a little bit of money in the stock market, but it's not huge. But at the same time. You're a sub billionaire, Jim. Absolutely. He's a sub billionaire. Anyhow, so if you're really interested in learning, this is a good place to start. Try to keep an eye on things. Try to understand it all, especially because it has things like the sovereign wealth fund, the baby franchise, the comparison, the private indexes, all these things you need to kind of learn a little bit about all those things so that you can bring your knowledge up. And especially with all these baby funds now, your child, if you're a young adult, you have a child that's going to be the recipient of one of those. It probably pays for you to understand a little bit more about the stock market. Yeah. And the other things that these funds are specifically big fraud charges of the parents trying to dip into that money. It's going to be pretty much impenetrable until the child is, I think they specify 2018. 2018. Yeah, I didn't think of that bill. That could be a real problem. Yeah. That is a bummer if a parent tries to get into that or guardian. I mean, I get a parent with a legal guardian. So anybody that's in that position, if they try to use that money, I'm glad there's something in there that they would get prosecuted for that. Yeah, exactly. Yeah, that's tasty. OK, what do we have on today's agenda, guys? I see something about music here. We're going to go into a territory where Jim you're the closest thing to a musician and Gus, a lot of musicians. As a matter of fact, I think you've had a lot of encounters with prints, which is actually one of my favorite artists. Yeah, he's pretty talented guy. Yeah, I've probably met prints. I don't know, 300 times. Oh, yeah. I haven't run site 300 times. I used to be in the nightclub business in Minneapolis, where he's from. You remember the movie Purple Rain? Yep. Yeah, I work at that place. It's called at first Avenue is what it's called. I don't know what it's called in the movie, but that's a real nightclub right downtown Minneapolis and prints would come in and pop in and play. Just surprise the whole audience. Come in and play three, four songs in the lead. It's really pretty cool. Yeah, now that I've been after I saw this, the article come up about this an ability for people to tell the difference between AI created music and a real artist, human beings created it. Oh, that's cool. I thought that was cool in one sense, but I don't create music myself. I play music. I play multiple bands over time. I can attest to that because I can't hear very good anymore. When I was young, I played with big amplifiers and I did not consider that was going to affect me down the road. Yeah, it has definitely that and also shooting guns without ear protection. Those are both dumb things. But so I'm advising those that are young ear protection all the way so that when you get to the area, Jim. Yeah. So anyhow, so when I was looking at, when I was looking at all this, it was like, I thought it was cool that there was this whole ability to create music. Well, I could see the other side of it because the big deal right now, why there's some lawsuits against these companies that are providing that's Umio and what is it? Umio, published two or three others. I can't remember the names. Yeah. So all these companies are now some of them like Umio. I think it's Udeo. That's what it is. Udeo, you can get 10 free songs per day or three free songs per day. So you can go and create them and download them three every day or free. So I'm thinking that's pretty cool, except for the lawsuit is the fact that these companies trained their systems on big music repositories. Think of all the different online repositories that we have out there that you can subscribe to. So they've been training their AIs on those music repositories. So that's what the lawsuit's all about. And it'll be interesting how that plays out because if you're a member of Udeo, or one of these other companies, or obvious, whatever those are, but you have to now consider that everything you're creating right now could be some sort of a copyright infringement. So you're going to have to protect what you're doing. Because there's nothing to protect you right now if you use these tools. So if you start creating this stuff and then just uploading up to Apple, Apple music or whatever, you may have a legal suit following you right behind you. So those are big issues they need to really pay attention to. I looked into AI and I said, so there's two issues that I can hold immediately when I start to think about one. Oh, very cool that you could that you can do all this. That's what I said earlier, but there's two big issues that came up in my mind. One is, all right. So how do you protect what you've done? Because everybody's out there having access to these tools. And now it's just up to your prompting, right? How did you prompt for this song? You may not even know how to play an instrument, but you prompt it and you created a song. At the same time, somebody else prompted to create a song and they sound almost identically the same. So what are you going to do? How are you going to protect yourself? You can't upload it up to a big music repository without maybe. Apparently, apparently Spotify had to remove 100,000 reports of their stuff. Yeah. So yeah, it was huge. They removed it all because they knew a lawsuit's coming. So I think the second part was also, what could you do today if you're a true creator of, maybe you have a real musical talent and you're a true creator that is out there using these tools, which eventually all of these artists, even the real performing artists will probably start using these tools as well. But how do you protect what you got? And if you we don't have time to do it now, but AI will tell you, it in fact, it came back and told me seven things that you should do effectively to protect the music that you're creating on these platforms. So I would encourage you if you're doing that to go take a look and AI is a great place to at least give you some guidance. I wouldn't call it law legal advice, but at least it's some guidance. Yeah. So Gus, what do you think about the fact that 97% of people don't know that it's AI music? Now, computer voices, computer sounds used to be you could really tell, but they say 90% failed to detect that it was built by AI. What do you think of that? I think there's a couple things. Jim brings up a good point about all the legal issues and that's uncharted territories. And we'll see where that's going to go. My take on it is, wow, I mean, we've seen this in the past. You think about having synthetic music put in. I don't know if you remember the who won't get fooled again. And it plays I saw them in concert and that's synthetic. And that was the backdrop of one of their biggest songs. And we think about the monkeys, the monkeys, they didn't want to play in their own music. It was a TV show. I guess what I'm saying is who cares, but legal aside, if it's creating good music, I say upgrade. I think it's great. And I think that the bands, I'm guarantee you they're already using it, maybe not to create music, but just to write, hey, write me a little riff that would fit into this segment right here and maybe to get the idea from that and then the human takes over. I think it's pretty cool. Yeah, I think it's cool too. But if it's trained on real songs that were created by human artists and then that's pulling almost identical sounds from it, isn't that simply the same kind of thing that lawsuits were all about with sampling? Remember music sampling and all the lawsuits that came out when all these really non-talented people that were sampling from real songs and creating these mixed music songs and music compelings. Yeah, absolutely. They're reducing the scarcity, which reduces the value. And basically the machines aren't coming for factory jobs anymore. They're coming for the Grammy nominations. The Grammy said that now they're going to require artists to disclose that that more than 20% of their track was created by a human. So up to 20% of your track can be created. So they already gave up 80% huh? Yeah, exactly. I was quick. I was already giving it 80% That was the other side of that story. Yeah, it's an interesting dilemma. And we'll see how it plays out. It's just like AI struggling with being trained on all the words for the internet and then they write a book and it's scrapping from stuff that other people created. Yeah, and the current blockchain and digital rights management systems aren't designed to prove human authorship versus AI generation. And of course, if you generate something with AI, you want to be, you want to own that because that prompting and the methods that you used are still part of the creative process. The world is just changing and the sad thing is that it's changing exponentially. And that's the difficulty that we're in today. I think it's just that the rapid rapidity of the changes are catching us all off guard. Yeah. And I think as a final note on what can you do to protect what you create using these tools, just document everything. If you're creating Bill, you're doing a lot of this programming that using tools like cursor. But the bottom line is even with that document, how you came up with the source code, where document you're prompting. Right. If you're going to release that as a product down the road, you're going to have to show that you created this from scratch somehow. And so that's the same thing with the music world. Let's don't, this doesn't even get into the fact that look where videos going to go down the road. This is audio right now 97% of humans can't tell the difference. Wait until they get to video to a place where 97% of humans cannot make, tell the difference where this is AI video or the next. The next, the next Moana movie or whatever is going to be created by AI, right? And they're already doing little bits and pieces and have been for a long time. But the trouble is that it's going to get even worse because guys like anybody who fell off a pumpkin truck can go to VO AI and the new Gemini stuff and ask it to create a little clip or a movie. And it does it. So it's pretty, pretty crazy. That is in the, in part of what's in the realm of David Sacks, who is in the news today because he's the AI's are of the current administration. And so they are basically asserting that he's, he's got a lot of holdings and he's been a venture capitalist for years. And so the New York Times is accusing him personally benefiting from his position as the AIs are in the administration. That's been an interesting situation. And I think it is good for a discussion. I don't know what you guys think, but I'd be interested in hearing. And what I thought is on it is that it is an interesting dilemma. But anybody that's going to be in the position that sacks is in to influence policy, sure better have some experience in that industry. In other words, right, bought and sold and have invested in the AI space. Otherwise, it gets somebody like me in there who I've even invested in AI. I guess I would be in an eligible, but get my daughter in there who's 13 and not the one that had the baby. And what good is that going to do? You got to have some. Well, or you get a government bureaucrat who has an angle, has a party, has a ideology of some sort. And then you just give them all this power in an area where they have zero technical knowledge. They have zero business knowledge. They have no stake in the outcome themselves. And then you want a czar to be appointed who is. And the other thing is I think that it's important for us to know that the AI czar is a special government employee. It's an SGE. And an SGE is a part time employee. That means that they spend time on their own things and they spend time on government things. It's a part time job. You can tell me work for the government for 120 days in the year. And then you can spread that out so that it's half time or whatever. But the issue is that if you're going to have somebody like that advise, obviously they still have their day job. Because these guys are turning down any salaries and that sort of thing in these. I understand. I don't understand what this is all about because SACs divested his, he had options on so many AI companies. And he divested all of those. In fact, so much that his partners on the all-in podcast said, hey, why don't you tell us you were divesting itself. Because he took a loss on those stocks. He took 50 cents on the dollar. He sold off. And all of the rest of the podcast guys were saying, I would have paid you 55% on the dollar. So 55 cents on the dollar. And anyway, so he divested and then you are kind of noise. Absolutely. And then they ran it through the the White House had their attorneys look at it. And he was completely clear to his, he has no benefit to this at all. As a matter of fact, if you look at the bottom line, he has ended up losing a massive amount of opportunity and money because he's in that position and had to divest because he's a brilliant guy has all the experience necessary to be the AI's are to benefit himself. But instead he is providing the service back to all of the citizens of the United States to basically help us shepherd our way through. And do we want some bureaucrat to do that? No. We want to be honest with him. We're not eligible. The bureaucrat has an agenda as well. It may not be direct financial. I know. Maybe we should put Pelosi in charge. Oh, she seems to be very good. She's got a better track record and the standard and pours and a whole bunch of different investors. She's done better and most hedge funds and stuff. So yeah, she's done quite well with her insider information. And I think we can all agree that as a has a taxpayer ourselves, we want experts managing the money we give to the federal government. And really up until this administration and I'm not necessarily saying that everybody agrees that Trump is the guy to follow, but I have seen a lot of really wise moves. Bringing in the types of advisors that he has with musk and now sacks and others that are on the financial side of the house that really are technical giants and financial giants in their own industry. They made their money. They don't need to make any more money. That isn't what their purpose is. In fact, almost all of them have lost money to come and help the government because they can see a great need. If that's I heard a thing about the way I think it was only all in podcasts. He said that Thomas Jefferson had said, I'm leaving my business at a great loss. So I can go serve in the government for a while, which is not what my favorite thing is to do, but I feel it's so important. I have to do it. Also for a short time. For a short time. Short time. How long are some of these lifetime government bureaucrats never had a job. Never ever had a for profit job. And yet now they're coming in and they're picking winners in various industries and they're regulating various industries. Without any knowledge or stake in even if they had a job, they've never run a business. And they don't do it just for and they don't do it for four years or eight years. They do it for 40 years. We keep putting them in. Sure. But you know, trying to limits is something that maybe you should be considered. But they are winning the elections. It's because of pork. Right. So popular. You already contest. Yeah. It's like they get money for their constituents in their particular represented areas. And they are represented. But they go and they get pork, which is government spending. And they put it in their particular areas that they represent. And people look at that and say, I've benefited from some of the pork barrel spending. So I'm going to continue to vote for whoever it may be who's in office for 10 years, 20 years, 30 years, 40 years. Sometimes 50 years. These people get into government service. And they call it service. But it's really they get drivers. And they get all this these luxuries of having airplanes and just massive budgets to. And they are at the top of those things. And they don't just come in for four or eight years. Like I said, they stay there for 40 or 50 years. And that's where the problem is. Yeah. Every time I listen to Scott Bessent talk. I'm just amazed. And we're so fortunate to have a guy like him. That's in charge of the. And he's a level headed. He trades very secretary. Yeah. Very level headed. Amazing guy. It's also funny how they come into office with they don't have a pot to piss in. And they leave with a fortune. Yeah, millions. Yeah. That wasn't what Jefferson had in mind. No. And I don't think he benefited. As a matter of fact, Jefferson, his mansion, so to speak, in Monticello, Virginia. I don't know if you guys are aware, but he was a popper when he died. No. And he was one of the people who they said, hey, we can't. That's why we give our presidents a lifetime allotment and lifetime, a lot of different lifetime things because of him. And the fact that he was a popper when he died. But yet look at how much he gave and sacrifice to the nation as one of our forefathers. And so it was costly to him. And it was embarrassing to see that you look around the world and you see the most prosperous nation in the world. But yet some of our presidents were ended up being poppers because we didn't take care of them. Now we do. And that's that's been taken care of, but it was an issue in the beginning. Yeah. Interesting. And what else is new bill? There's a lot of stuff happening out there. And we all know and have heard of AWS for years, right? They are the leading. I think they've got 30% of the data center business around the world. And they have just announced and Bezos has announced that he's bringing in $300 billion. And all the infrastructure and add on capability of AWS and their existing services, these Nova models challenge the open AI dominance. Yeah, I like what they're doing. He's talking about what he calls an AI factory vision where he's putting AI in a box and putting it on prem. It's a and so that most of this activity where the AI happens locally on prem for big businesses that are concerned about data privacy, privacy regulatory compliance and then being tied into a vendor, right? Being stuck with a particular AI vendor. So they are looking at putting that on prem and then basically being able to segregate it completely from the internet, which is something I think a lot of. I think the government's going to want to do so pretty smart because if he gets embedded within these big companies like that with this AI in a box kind of situation, it's going to be a little difficult for them to just shift and go somewhere else. I think they're going to stick with it. It's smart thinking on his part. Yeah, so Gus, you're going to be able to buy a little AI box that's as compliant you can put it there in your office and put all of your stuff on it and it's not going to be out on the internet necessarily connected. It's not cloud connected. It's not cloud connected. You want it too. Yeah, so do you have a place? Do you have a place for that server? Gus. Yeah, it's right in my heart. I love that idea and not to mention that it's a lot less expensive. So those are two very major things that are given a AWS and not not quite sure how AWS defense the hey, we're going to give you a box so that you're that you can control your data when their whole business model is you give them their data and it's out there. So which ones right? They said that you can connect to the cloud when you want to I think. Yeah, it's going to be a hybrid of some sort. I think down the road that they're going to be saying, OK, certain kinds of data. Yes, you will cloud connect and pull that in for especially yes, because they've been a repository for a lot of data. They have access to that that can that your AI can pull in when it means it. But it's not live on the internet all the time or internet accessible in any way. So I think that is going to be pretty positive for a lot of CSOs out there. Bill, you use Gemini, right? Frankly, I use almost all of them as a matter of fact, the apps that I've been building recently have upwards of 10 APIs, which an API is an application programming interface. And so it's my code is written to do let's say CRM. And my my CRM is also hooked up to LinkedIn. So every person in my CRM, I have a link to their particular and it's basically got a link to their LinkedIn. So when you click on one of my CRM folks, you can see exactly who they are on LinkedIn, which is ever changing, right? It stays evergreen because you're now I don't copy that information over to my system. I don't need to. But why? Because LinkedIn is there and it's hopefully going to be there for a while. But I can just reference and I have their name and their company and sometimes their location and it my system goes out and finds their LinkedIn profile, right? So that's how you're linking to additional data. Like I said, I've got, I've got all AI's. So I have a link to send information out to get trends from X AI and X. I've got APIs that go out to open AI. I've got APIs that go to Claude and andthropic. I've got APIs that go out and pull news APIs that go out and pull stocks. So pretty much my applications are the code that it runs in on my server. But a lot of it just goes out and sends over a prompt over to an AI system. And so I'm able to build code that is specifically for me. So I know I was talking to Jim the other day and I said, Hey, if you were to design your own word processor or your own Excel, you would design it for the functions that you needed, right? Because how long does it take to learn all the functions of like word? Imagine if all you had up there were the things that you needed, but you didn't need all the things that other people needed it. If you removed from the ribbon, all of the commands and all of the things that other people needed, but you didn't need, it would reduce the complexity and you wouldn't, you know, it wouldn't be so overwhelming when you look at these apps. I was listening to Elon Musk the other day and he was saying in the future, there won't be apps like we have them today. You'll just have AI. That's it. And this kind of lines every what you're talking about. We don't need all the bells and whistles. We need what we need when we want it. And that's what's coming and that's what he's saying is that in the future would be very different. You won't buy all these apps. You'll just feed into AI. You'll tell it what you want and it'll create it. So back to AWS. So, you know, where I was going with the Gemini is that in contrast to what I said about it being less expensive. I think the future of this is they're all going to be free. It's going to be driven by Google meta companies like that because it's all about access and AWS has a huge advantage with access because they have 30% market share and the cloud business. But look at look at the look at Google and Google was in the crapper just recently, right. We thought they're going out of business because who's going to search in Google anymore. I very suddenly do. But with this Gemini and that's it. I believe that's going to be free. And I think it's going to change things significantly. And I'm not sure what chat GPT. That's what Google is doing with Gemini. They're essentially making it free. That's my point. They're part of their browser. Yeah. Yeah. And I think that's going to win over a lot of people. Yeah, I heard that too. I'm not sure. But that's very possible. But for right now, the driving factor why that AD of AWS might do well is the fact that they are now running on these H100s instead of these very costly other platforms necessary from Nvidia for the other platforms like open AI and other. Yeah, black well, but anyhow, so they are coming in at a performance at 75% lower cost than open AI. Open AI right now is $1.20 per million token for token pricing. So Bill, you're doing what you're doing is all this development work. And those are tokens in a lot of the ways they've revert back to tokens in sense. But there's open AI is $1.20 per million right now. And AWS is saying they will get it down to 30 cents. 30 cents 75% lower. And that's what's going to drive people moving toward AWS. Yeah, the other thing is if you look at what's happening with the open AI relationship with Microsoft, right, that's changing to where now there are competitors to some degree because the Microsoft tools with co pilot are doing some of the same things that open AI is doing. So now I noticed that when I go to co pilot. I've got a little button up there and it says, Hey, use use chat GBT. So you can choose to use both, but that's a partnership, but more and more they're bifurcating into not just partners, but potential competitors in the future. And they say that 80% of open AI's business is the $20 a month subscription that consumers were getting right. So 80% is consumers and open AI. And that's their revenue. And I think they they have like maybe $1 billion worth of revenue, but they're worth $500 billion. And then, but this is the other thing that's a little bit scary. They are leveraged and have already a spending future spending budget for all those data centers and all those things $1 trillion. So they've basically committed to a trillion dollars of spending. And I don't know what their revenue is. It's not anywhere in there, maybe 20 billion or whatever, but it's not going to support the $1 trillion worth of spending that they have committed. And so it's going to be, it could end up being a net scape kind of thing, right, because when net scape first came out, they got so much capital. And it just swelled and then they couldn't sell their servers. They couldn't sell their browser. Yeah, the market collapsed on them. And they could never hope to give an investor return on investment because the amount of capital that they had was so huge. That's happening in my opinion to open AI right now. You know what, open AI has gone for it. Those good old fashioned concept that we as humans like to stick with what we know they have such a big market share and sure, first mover, yeah, dropping a little bit, but do I want to learn a whole new system because it's 10% better or 20% cheaper. I think I stay right where I'm at. Yeah, they own 60% of the market and that little more than that anything, but they yeah, it's pretty hard to see people move away from it. Of course, probably all of us have all of the AI versions out there. We got GROC, we got Google Gemini and X and every all of this right. So we're not the typical consumer of AI. We're into it because we see different uses. They don't all do things well. They're not all the best at everything. Right. So I like opening, I like opening because I started with it and it's text based mostly is what I do. So that's fine and does graphics pretty well. But then I found out that Gemini did a much better job of some of the photo things I needed to do. And so there's different purposes. GROC is probably more conservative leaning or would I say more truth to information than the other platforms. So there's kind of like an affairs. There was a connection with X that they know what happened yesterday, where's a lot of them don't. But that's not what the AOI platforms want you to do. They don't want you to be a member with all four of them or five of them, whatever the case may be. They want you to come to them. They're going to have to improve their capability to do that. So AI is open AI has been lacked and a little bit and other platforms are rising above. So now they've got to get their engineering team together and say, we've got to do better. We've got to increase this. This is a survival thing. We got 60% of the market. They had 80% of the market. They dropped 20% and less than. Yeah, but since the other AI's have shown up, they've dropped 20% of that 80% really quick. And some people think that they're going to end up being the gorilla, the market gorilla, but that that is going to be in the 30% because they're going to get a third of the market, even though they're a first mover. One of the things that you guys need to know is, for instance, I use inthropics, Claude for my coding and that sort of thing. And it's a spectacular tool, Claude code. But there's competitors with open AI who came along a little later and open AI has codecs, which is a CLI coding tool as well. And I went over and just kind of looked at it, but I wasn't ready to take all of my mind share and give it all to one or the other. You just kind of look at it and say, yeah, maybe it does this a little bit better or that a little bit better, but it's not enough to get me to to move all of my business over to a different one, but I was trying to solve a problem with text to search. You can take text and you can have it go to speech text to speech sorry. And so you can take text and you can send it to an AI and it will create voice or speech right 11 labs and open AI and that sort of thing. So I went and asked I said doesn't Claude, thethropics Claude have that text to search they don't. So it takes a speech. Yeah, sorry. And so they don't. So I have to send my information. If I want it going text to speech, I have to send it to open AI or just 11 labs or somebody else to have that done. And those are the sort of things that you run into with all these APIs is this one can do it. This one can't do it. If you want real time information, you have to send it to Groc because Groc is the only one who has current trends because it's connected to the X platform and it gets all those trends and of people talking about things and social media and it's connected in real time. So you're specializing. I think of an analogy of photography. What do we all take pictures on? Our family. Why? Because hardly any more cameras is the quality as good as these you see these guys. If they're photographing a sporting event or a presidential debate, whatever they have those big long lenses and everything else. And there, just like the different codes work better for specific things for a person like yourself that's leveraging him at high level. For the rest of us average folks, I think would you know that we're not going to be going to all the different aIs we're going to learn one as a set or you're going to learn one, you're going to stick with it and it's good enough just like my phone. It takes perfectly fine pictures. I have thousands of dollars worth of camera equipment that I don't touch. And so do you guys. Yeah. Yeah. And it used to be our stereo equipment. Yeah. The audio fun. And our music collection. How about our music? We were so proud of it. Yeah. They went from albums to cassettes from cassettes to CDs from CDs to online and. You must a track from owning. I did have a track from. I just didn't want to show my age. But the final stage is from going from owning whatever you just went through all the different things you don't to renting subscription. Spotify will come comes up with a hundred thousand new tracks per day. How are you going to compete with that? You have access to it. Yeah. There's no scarcity. And the trouble with that is that look at remember when we used to go to tower records and stuff spend hours in there. Oh, now we're going back in history. Are you Bill? Final. We probably should wrap up this AWS subject. And so as a final closing point to this thing, my concern is always the security architecture perspective, the CISO perspective, right. The reason why AWS AI factory may succeed or has a good chance of succeeding over other AI platforms is one they're going to have an air gap compute system. There is a peeling to CISO is right now air gap completely. The second thing is it's for the local inference. It's they can work on classified workloads and they don't have to be concerned about it being leaked out to the cloud. And then cloud aggregation capability now between all the systems that they will own they can aggregate within their own systems, which would be great. And then of course, then, but it's a unified system that they can build on and have different layers and to move into different environment. Why I think that was is something that's positive and maybe not everybody's going to see that for a while because I know AWS still has to package it, get it out and really test it. So it's down to. But it's interesting, interesting pattern. Yeah, and that leads us to our last topic of the day and that is quantum computing. And most of us are aware and I'll explain it so that everybody who's listening can understand when you hook up to your bank, you use SSL and it's. In Christian communications and those encrypted communications, we used to just have it when data was in movement, right, we have the HTTPS. Yes, it's for security, right. And now we don't just have encryption when it's moving, traveling data, but we have encryption at rest. When we put the data on our disk, so if you take your old computer and you surplus it, if you have encryption of the data on your disk, you don't have to worry so much if somebody steals the disk or the computer because all of the data is encrypted at rest. All of this information, whether it's in movement or whether it's at rest is potentially, and I do say potentially at risk because quantum computing can use shores algorithm in order to decrypt what we now have encrypted. Now we don't know whether that's three years, five years or 30 years in the making, but we do know that it's technically possible once quantum computing has enough qubits to basically run shores algorithm and reverse decrypt the data. But what does that mean? That means that the bad guys can listen to all of your packets and they can store those packets from going to and from the bank. And then once they can break the encryption, now they're taking it and storing it, what they hear on the wire and they can store that. And then when quantum can break it, all your secrets are gone. Same thing with all that data that's on your disk. So it's an interesting equation and we don't want to go into it entirely here. We will cover these topics and give everybody a little bit more technical knowledge over time. We can summarize it a little bit is that issue with quantum right now is a fact that there's so many errors that they cannot eliminate in its processing. So it's not error free. So that's the data that outputs is not dependable. So when you think about it, IBM was saying that they estimate it takes 1.9 billion good qubits to crack the Bitcoin crypto crypto cryptography and the best that we have today is under a thousand qubits good qubits. I thought it was 50. No, it's under a thousand, but it's not down to 50, but under a thousand good now that's changing rapidly because the they keep turning out systems that have that can create that can use more and more qubits at the same time. Yeah, so as an it ship out that's basically a small quantum processor and willow and it's proving that they can do some transactions that would take some quintillion years. To do with a classical computer and it can do it in minutes. So we've we're proving the paradigm that quantum can do things that classical computing can't and one of those things is breaking your Bitcoin encryption in the future. Can I go some my Bitcoin? I have a lot of Bitcoin and XOP and all those guys. You probably have four or five years. That is a risk for the future. So thankfully, yes, NIST has arrived at a few different candidates to use, but it's going to cost millions of dollars. And but now we have the standard candidates that NIST has published and chosen to basically begin doing quantum resistant encryption. Hallelujah. Yeah. Yeah, there's there are companies now that are creating trading platforms that allows you to keep all of that cryptography local to your own system. So it's not out there to be broken. So that's a good thing in the future, but it's not here yet. Well, we can we'll see that coming down the pike. So it's not like there's no hope. It's just that can the new anti quantum cryptography. We get in place before they break the existing cryptography. And the rest is the rest. The rest is that if anybody listens to the internet and then stores it as soon as it can break it, your secrets are gone, right? Your access to your bank has gone. And then of course, all those disks that you have where it's basically encrypted data at rest, those disks are now at risk of being having your secrets disclosed as soon as quantum can be broken. That's going to take so the sooner. And here's one of the things that people don't realize you do not need quantum to have quantum resistant encryption. The technology that we're using is more expensive. It's harder to do than our current encryption methods, but the post quantum encryption. That's what they call it post quantum. It's quantum resistant encryption. Those capabilities are take more processing, but we can still do it with classical computers. So the good news is we can get to post quantum encryption quantum resistant encryption now. And then all that data you have on those old desktrives and all those banking sessions that you have the sooner we can get to quantum resistant encryption. The further we will be down the road and that data is no longer viable. So we'll have to change our secrets. There was a lot of stuff that will have to happen, but the sooner we get to that post quantum encryption today, all the data on our disks, all the data in transit will not be able to be decrypted by quantum in the future. So the sooner we get there, the better. Yeah, so as although this article is really about the concern about breaking Bitcoin, this is an everything issue. It's not just Bitcoin. It's everything. If it breaks Bitcoin, it breaks all the world secrets period. Yeah, so anybody have anything you want to revisit from this particular set of blocks that we have the music, the encryption, the AWS moving into the AI space. And what else did we cover today? There was a lot of parallels between all the subjects in that they're all uncharted territories. This is the changing world that we're in. And the one constant there that seen through most of these subjects is the fact that we haven't had an AI is our so how are we getting it's new. It's new and right down the line. Same thing. It's a crazy world we live in it. Yeah, I think one of the things that said was the conflict of interest is that the things that he's working on could affect the businesses he's invested in and look guys, every business now is an AI business. If they're not, they're not going to stay there. They're not going to survive. They're going to have to integrate every investment that everybody makes has something to do with AI who's going to be qualified to be non-invested in anything AI right to be the AI. Yeah, it's impossible. Yeah, not not a fairness issue to David Sacks. Look, he's done the right thing. He's divested from the stocks that he had options on to that would benefit him directly from the eye. But if all of his other businesses, they're getting into AI. So let's hold a vote and let's just do a poll here. How many of us want to bring back Nancy Pelosi and draft her as the AI's are. No, thank you. Oh my goodness. I've watched some of the segments with her on the news and stuff. She doesn't seem to be very happy and she definitely doesn't like Trump. Yeah, she's not alone in that. Yeah. All right, guys, hey, it's been wonderful chatting with you. Look forward to next week. We'll get deeper into these areas of AI crypto quantum robotics. We didn't cover robotics today, but obviously all of these technologies folks are converging. They are converging because you can automakers, right Tesla Tesla is an automaker, but they have what they have a new robot coming and they have AI. And so all of these technologies are converging in and every company is going to have an element of all the others. So as we cover all of these tech futures, we built the index tech futures index.com. If you want to get notification of every day when our charts change or something of that nature, you can subscribe to that on the on the website tech futures index.com. And this of course is morphius cyber.com and we really appreciate you hanging out and we're early on into our podcast. Stay tuned. It's going to get better and better.