14 korrents from this recording
Every claim below is a statement made in this recording, quoted word for word and linked to the second it was said, so you can hear it rather than take our word for it. The wording comes from the transcript published alongside the recording; the sentence above each quote is our reading of the claim, not their wording.
Their wordsBut if you're digitizing the physical world, you're treating atoms like bits. And you're like, well, I know that CPU manipulates the bits. What manipulates atoms? That's manufacturing or digitized manufacturing.
Their wordsEverything we see, whether it's this room or any room or anywhere you go, everything you see was either grown or mined, manufactured and moved. Everything. And so we look at what we do as industrial AI.
Their wordsChips come from the ground. Where's the energy come from? And a lot of people are like, "Oh, it comes from the sun." Yeah, it comes from the sun. But how are you capturing it from the sun? From stuff made from the ground, right?
Their wordsIf you're doing highcale tasks, industrial scale tasks, you are going to make specialized machines that move and act in the physical world. The key part is move. If they're moving, they got to have wheels.
Their wordsSo, we know Phelps is the gold medals guy, but I like to say that transport is full of silver medals, right? A lot of people think about ride sharing as a gold medal. What about food delivery? What about parcel delivery?
Their wordsif you are good at finding valuable unknown truths then it means you're going to know a lot of things other people don't know. And if you know a lot of things that other people don't know it means you can do a lot of things that other people can't do.
Their wordsIt's called resistance to change. It's natural because like you know a lot of times change is bad. Um and so you have to deliver an overwhelming amount of progress to make your change happen.
Their wordsthere's so many people that are not willing to fight for the best idea because they're going to upset somebody else. And if you don't fight for the best idea, then what idea are you fighting for? You're fighting for the mediocre idea, the politically expedient idea
Their wordsthen there will be a service that that prepares and delivers that food at cheaper than going to the grocery store. And if that happens, this occurs and food will be completely revolutionized.
Our reading
Once mining is automated end to end, a mining company is nothing but the owner of some real estate.
Their wordsWill mining get automated? And if it does, not just the movement of the materials, but every part of mining. Then what is a mining company? It just owns real estate.
Their wordsThere are things you don't get like like I'm like so used to adversity at this point that it's kind of normal. So I don't get as pissed off. But being pissed off makes you good as an entrepreneur.
Their wordsAnd I've talked to a lot of entrepreneurs over the years where they're like, "Oh man, we're just cranking. We're on easy street right now." And I'm like, "Dude, you are about to get your ass whooped and you don't even know it."
Their wordsthe media landscape 10 years ago, 90% of what was said was very negative. Business had become politics and we didn't know it.
Their wordsyou know Elon buying Twitter is like the beginning of us being able to speak our minds and for disagreeing to not be illegal. That's a big deal. We should all thank Elon for that.