WEBVTT 00:00:00.000 --> 00:00:12.880 yo so the internet and an infinite pile of AI generated shit love it well hey 00:00:12.880 --> 00:00:17.799 guys we're gonna we're gonna just try this we're gonna do it live so this is 00:00:17.799 --> 00:00:24.440 gonna be kind of an opportunity better by Bitcoin for just a bunch of us to get 00:00:24.440 --> 00:00:29.680 together and talk about just things that would be better in a world where Bitcoin 00:00:29.680 --> 00:00:35.560 was the unit base of account so you have myself JD cypherpunk cinema I'll let the 00:00:35.560 --> 00:00:40.439 rest of you guys go and maybe we'll go Anton Fondor and Zach in that order 00:00:40.439 --> 00:00:44.639 because that's how you guys are on the screen but I do advertising and content 00:00:44.639 --> 00:00:49.400 and I just love kind of trying to break down the messaging problem what you 00:00:49.400 --> 00:00:55.880 Anton yeah I'm a director of photography filmmaker endurance athlete 00:00:55.880 --> 00:01:07.239 bitcoiner that's who I am I run I'm Bond or gilded plebe on Twitter I am a 00:01:07.239 --> 00:01:17.639 full-stack developer and what else do we do that's about it right now I'm Zach 00:01:17.639 --> 00:01:23.760 I'm the founder of indie hub studio which is an independent film exhibition 00:01:23.760 --> 00:01:30.519 platform built on top of lightning think you know think Netflix but the 00:01:30.519 --> 00:01:34.239 entire business model is totally transformed by a Bitcoin being the base 00:01:34.239 --> 00:01:43.120 unit that's a great segue into the topic tis your for today the AI Renaissance is 00:01:43.120 --> 00:01:46.320 anything going to change I feel like nothing's gonna change I feel like we 00:01:46.320 --> 00:01:50.559 just have a lot more dumb stuff to sift through now it's actually just made 00:01:50.559 --> 00:01:55.320 everything worse that is reminds me there is this cafe I used to eat at had 00:01:55.320 --> 00:01:59.480 all those like old like 50 style signs and it was like coffee do stupid shit 00:01:59.480 --> 00:02:07.639 faster with more energy that's kind of where a eyes it like we can now do the 00:02:07.639 --> 00:02:16.559 dumb shit we were doing before orders of magnitude faster you can make a lot more 00:02:16.559 --> 00:02:24.080 dumb things faster you can so if if you want to be a AI filmmaker but you're a 00:02:24.080 --> 00:02:29.440 shitty filmmaker you can make more shitty films faster it doesn't make you 00:02:29.440 --> 00:02:37.919 a better well said you know I was thinking about that from a filmmaking 00:02:37.919 --> 00:02:43.639 perspective it's like you know at indie hub we're kind of I'm like on this fence 00:02:43.639 --> 00:02:47.720 right now like do we want to do we want to like promote AI films do we want to 00:02:47.720 --> 00:02:51.559 kick them off the platform entirely you know how do we police this what do we do 00:02:51.559 --> 00:02:56.960 and so I've just been thinking about you know the creative process behind doing 00:02:56.960 --> 00:03:00.759 this and it's kind of interesting actually to your point Ant and like 00:03:00.759 --> 00:03:05.960 there's some stuff out there that looks really good you know that's it's really 00:03:05.960 --> 00:03:12.520 really interesting imagery and I think the point is like one of the things 00:03:12.520 --> 00:03:16.320 that's been lost in the film business in my opinion over the last 15 years is 00:03:16.320 --> 00:03:26.559 writing writing as a profession has just gone downhill so badly the craft of it 00:03:26.559 --> 00:03:33.320 has totally been lost in my opinion but it's interesting because AI I think it 00:03:33.320 --> 00:03:37.199 might I think there's a possibility that it sort of launches a renaissance of 00:03:37.199 --> 00:03:41.199 writing again because you have to get really good at prompting and basically 00:03:41.199 --> 00:03:47.039 screenwriting is just really really intense levels of specificity such that 00:03:47.039 --> 00:03:53.839 every image you know this whole movie is made before you ever step on set so you 00:03:53.839 --> 00:03:59.679 know I on the one hand I think it could it could spawn a renaissance of 00:03:59.679 --> 00:04:03.880 specificity which is incredibly important for the art form but on the 00:04:03.880 --> 00:04:10.440 other hand to your point like it's it's when Netflix you know in 2008 when the 00:04:10.440 --> 00:04:15.199 economy collapsed and the film business started changing what happened was you 00:04:15.199 --> 00:04:20.119 know the pile of shit at the bottom just grew massively you know wages went down 00:04:20.119 --> 00:04:25.760 pay went down everything went backwards the whole ladder went backwards and it's 00:04:25.760 --> 00:04:29.239 like I think that's gonna happen again I think the pile of shit at the bottom is 00:04:29.239 --> 00:04:32.600 just gonna get massive you know the cream always rises everything is 00:04:32.600 --> 00:04:36.640 relative there's always something better than the thing at the bottom so you know 00:04:36.640 --> 00:04:41.480 on the one hand like man it's just gonna be so much useless crap that nobody 00:04:41.480 --> 00:04:44.799 really wants to watch but on the other hand there's an opportunity there for 00:04:44.799 --> 00:04:49.880 you know real talent and specificity to sort of separate itself and just use the 00:04:49.880 --> 00:04:58.320 AI as a tool as a means to an end. Do you think we'll ever have the like 00:04:58.320 --> 00:05:02.000 Breaking Bad or Game of Thrones moments ever again like the beaver cleavers like 00:05:02.000 --> 00:05:04.799 that thing that everyone's talking about or are we gonna get to a point and 00:05:05.200 --> 00:05:09.559 Bonder I'm curious your take on this as the dev like are we gonna get to a point 00:05:09.559 --> 00:05:13.559 where everyone has their beaver cleaver has their Breaking Bad it's like their 00:05:13.559 --> 00:05:16.920 AI tailored version of content that they're like did you see this thing and 00:05:16.920 --> 00:05:19.679 somebody's like yeah I didn't like my ending and it's like my ending like are 00:05:19.679 --> 00:05:24.959 we all gonna have like. Everything is gonna be disintermediated by it so the 00:05:24.959 --> 00:05:29.160 only reason you can have that big community like watching you know The 00:05:29.160 --> 00:05:32.760 Walking Dead on Thursday night because that's what everyone's doing like the 00:05:32.760 --> 00:05:35.720 only way you can do that is if you have like a central distribution platform or 00:05:35.720 --> 00:05:40.679 like nothing else can actually like happen on Thursday night and everybody's 00:05:40.679 --> 00:05:44.359 got to do this thing right it's just that's all that's all done that's all 00:05:44.359 --> 00:05:49.000 gone there's no way to bring it back because we've all heard these stories of 00:05:49.000 --> 00:05:55.559 like the person who's like listens to music oh yeah that's my thing I'm always 00:05:55.559 --> 00:05:59.880 listening to music they turn to AI and like hey actually you know what I want 00:05:59.880 --> 00:06:02.839 to like try and figure out and process something I'm you know I've been 00:06:02.839 --> 00:06:06.200 thinking about so I'm gonna have AI write a song about this thing I'm 00:06:06.200 --> 00:06:09.720 processing and then they're just listening to this album that AI wrote 00:06:09.720 --> 00:06:13.720 for them to help process whatever they're doing and then they go back to 00:06:13.720 --> 00:06:17.200 listening to regular music and they're like this is not even like this music's 00:06:17.200 --> 00:06:21.359 not even about anything I care about like this is literally nothing to do 00:06:21.359 --> 00:06:25.119 with my life this is I'm listening to somebody else's life right just 00:06:25.119 --> 00:06:31.040 completely disintermediates the whole structure of content distribution what 00:06:31.040 --> 00:06:41.760 do you do with that I tend to think that that things are cyclical and you know in 00:06:41.760 --> 00:06:49.359 the past as Americans we had ABC NBC CBS and you know people had limited options 00:06:49.359 --> 00:06:55.480 to choose from but we've seen things go viral even now when there's infinite 00:06:55.480 --> 00:06:58.839 options and people still find things because they they go talk to the 00:06:58.839 --> 00:07:03.040 neighbor or the person at the grocery store or the person at the bagel place 00:07:03.040 --> 00:07:08.359 that they go to every day so we'll still have some things that everybody tunes 00:07:08.359 --> 00:07:14.399 into to some show or movie or you know whatever that thing is but there's gonna 00:07:14.399 --> 00:07:20.000 be smaller groups of those things where you can you can still pick so I feel 00:07:20.000 --> 00:07:24.399 like human nature stays the same it would take thousands of years for that 00:07:24.399 --> 00:07:31.760 to change but yeah there's just gonna be a lot more options and so there's gonna 00:07:31.760 --> 00:07:35.720 be little regional pockets of these things that groups of people are focused 00:07:35.720 --> 00:07:40.760 on and that aspect I don't think changes as long as humans look the way they look 00:07:40.760 --> 00:07:46.160 right now hmm it's gonna be interesting to see how like doge and all this other 00:07:46.160 --> 00:07:52.040 stuff because I know the whole doge you know this is kind of moving away from 00:07:52.040 --> 00:07:58.480 filmmaking but the added efficiencies you get by using something like AI like 00:07:58.480 --> 00:08:02.040 literally the doge thing was started because Elon I have no idea even they 00:08:02.040 --> 00:08:07.119 found this kid but like this guy who they posted CT scans of the dead or like 00:08:07.119 --> 00:08:11.760 of the scrolls from Pompeii that were in this like bucket and this kid just 00:08:11.760 --> 00:08:16.040 for funsies on the weekend like wrote an AI that could read these scrolls like 00:08:16.040 --> 00:08:18.799 that's literally the dude that they have like tearing apart the federal government 00:08:18.799 --> 00:08:24.679 right now which is awesome but like that kind of hyper efficiency it's kind of 00:08:24.679 --> 00:08:30.399 like did you guys ever read rebel without a crew which was but Robert 00:08:30.399 --> 00:08:34.200 Rodriguez's book on kind of like dude like I'm literally gonna sell like 00:08:34.200 --> 00:08:37.919 you're not gonna have to sell plasma or your kidney to like fund a movie anymore 00:08:37.919 --> 00:08:42.520 like you're just gonna have to like scrounge up enough bottle caps to get a 00:08:42.520 --> 00:08:48.760 runway ML subscription to then like make something that you can just slave over 00:08:48.760 --> 00:08:53.760 but then it can actually be the same quality as like Sony or Warner Brothers 00:08:53.760 --> 00:08:56.479 like as long as you just sit there and you'd like the door brothers like the 00:08:56.479 --> 00:08:58.640 door brothers are doing some really unique stuff I think they're making 00:08:58.640 --> 00:09:04.280 music videos but that's kind of where like content developed like MTV was such 00:09:04.280 --> 00:09:08.320 a good launch pad for like Spike Jonze and all these other guys who are like 00:09:08.320 --> 00:09:12.400 pushing the envelope on things like that's I think we're at like we're in 00:09:12.400 --> 00:09:17.599 the MTV era of AI content generation right now this is my music videos I 00:09:17.599 --> 00:09:26.239 think that there's to Anton's point into that point when you get to the idea where 00:09:26.239 --> 00:09:32.419 everybody can create any amount of content for any reason and things can 00:09:32.419 --> 00:09:38.640 still go viral well and then on top of that you get Bitcoin which elongates all 00:09:38.640 --> 00:09:42.799 of our time preferences which elongates our attention spans right all of a 00:09:42.799 --> 00:09:47.960 sudden the viral content isn't going to be these two like seven-second clip of 00:09:47.960 --> 00:09:51.359 whatever stupid thing because that's just gonna get so boring like the 00:09:51.359 --> 00:09:54.799 seven-second clip of a random thing that was generated by a I know is gonna care 00:09:54.799 --> 00:09:59.280 they're just gonna like literally shut down the second is like seems to be AI 00:09:59.280 --> 00:10:03.840 right yeah and so then that's just gonna okay well we got actually to tell tell 00:10:03.840 --> 00:10:07.799 the better story here we got to think about what we're doing right and then so 00:10:07.799 --> 00:10:14.239 that pushes towards longer form content it still goes viral totally 00:10:14.239 --> 00:10:19.640 democratically you know decided essentially yeah I agree with that you 00:10:19.640 --> 00:10:25.520 know I I think it's like things happen slower than than all of us expect I 00:10:25.520 --> 00:10:28.599 think Robert Rodriguez is really good example right like he was like I'm gonna 00:10:28.599 --> 00:10:31.640 do I'm gonna have my own movie studio on my property I'm gonna do all the sound 00:10:31.640 --> 00:10:35.080 mixing here I'm gonna do all the post here you know that was a renaissance 00:10:35.080 --> 00:10:40.440 that because technology made it cheaper for him to do it he was able to do it 00:10:40.440 --> 00:10:44.960 let's say more efficiently you know with less resources or time or capital or 00:10:44.960 --> 00:10:50.039 whatever but the result still has to be that you're a great storyteller like 00:10:50.039 --> 00:10:54.400 we're still yearning for storytelling we're still you know we're still 00:10:54.400 --> 00:11:00.520 creatures that need that spiritually so like well you know for instance you know 00:11:00.520 --> 00:11:03.760 docs like documentaries have had just like a massive renaissance and the 00:11:03.760 --> 00:11:08.479 quality of docs and the budget and the time frame in which you can shoot and 00:11:08.479 --> 00:11:13.359 complete and release has been has been compressed so significantly compared to 00:11:13.359 --> 00:11:18.280 when you had to shoot something you know on 35 or even on like a Canon 5d 00:11:18.280 --> 00:11:26.919 like I did a doc in 2010 and we shot it on a couple of 70s and a few smaller 00:11:26.919 --> 00:11:32.200 like GoPros before GoPro even came out and I had to train it took me six 00:11:32.200 --> 00:11:39.719 months to transcode those files to ProRes just to edit it we had 300 hours 00:11:39.719 --> 00:11:45.559 of highly compressed video files now I've got you know super efficient codex 00:11:45.559 --> 00:11:52.080 you basically shoot raw you can basically edit it that night you know so 00:11:52.080 --> 00:11:55.880 I guess I guess it's like there's this technical compression of time things 00:11:55.880 --> 00:11:59.960 speed up because we can do them faster but I think to the point we're all 00:11:59.960 --> 00:12:03.880 trying to make is like that doesn't you still have to be a really fucking good 00:12:03.880 --> 00:12:07.640 storyteller you have to have something worthy of being told and something that 00:12:08.640 --> 00:12:14.960 here so and AI is just not a good storyteller like it's just not it 00:12:14.960 --> 00:12:19.719 doesn't know how to do it like the best I can get out of AI is if I put together 00:12:19.719 --> 00:12:26.359 some kind of like outline and then like go like paragraph by paragraph hey 00:12:26.359 --> 00:12:29.640 here's the story like the next paragraph do this the next paragraph do that 00:12:29.640 --> 00:12:34.440 because if I don't do that it's like it just completely ruins the story it like 00:12:34.440 --> 00:12:42.080 completely what is it like you know the twist at the end it'll take it'll sit 00:12:42.080 --> 00:12:45.080 it'll say the twist at the beginning or like in the middle it's like and then 00:12:45.080 --> 00:12:48.520 this thing that's gonna happen like that's gonna happen next and you're like 00:12:48.520 --> 00:12:55.320 you just ruin the story no idea I think it gets it gets to like what is the role 00:12:55.320 --> 00:12:59.039 of an artist like what are they what are they functionally doing what are they 00:12:59.039 --> 00:13:03.159 actually doing and I I'm not sure a computer you know if you have to train a 00:13:03.239 --> 00:13:07.359 model and it's it's working on information that already exists you're 00:13:07.359 --> 00:13:11.679 taking out what you're totally ignoring what an artist is actually doing which 00:13:11.679 --> 00:13:16.080 is they're out on the edge they're on the border of chaos and order and they're 00:13:16.080 --> 00:13:19.039 they're basically channeling shit they're getting the best artists are 00:13:19.039 --> 00:13:22.320 good at getting the fuck out of the way they've trained their entire instrument 00:13:22.320 --> 00:13:25.960 to get out of the way and so they're they're tuned into their connected to 00:13:25.960 --> 00:13:31.039 something else call it God whatever you want but AI is not does not have that 00:13:31.039 --> 00:13:35.919 fucking signal it is not plugged into that thing and so it's 100% backwards 00:13:35.919 --> 00:13:40.039 looking it's looking oh what is everybody already done let's look at 00:13:40.039 --> 00:13:44.799 that completely ignores everything that could this is in front of it can you 00:13:44.799 --> 00:13:48.960 unpack that actually Anton I'm like you know because you've had a lot of success 00:13:48.960 --> 00:13:55.000 with documentaries and kind of like but what Zach is unpacking like that it's 00:13:55.000 --> 00:14:01.760 like literally you your job is to point cameras where you think lightning is 00:14:01.760 --> 00:14:06.599 going to strike that's your job and you're really fucking good at it but 00:14:06.599 --> 00:14:10.080 like channeling that like what Zach is saying like do you think computers can 00:14:10.080 --> 00:14:13.640 ever get there and you know if not like what do you what do you see is the next 00:14:13.640 --> 00:14:16.200 kind of iteration of that cuz like that's your job like your job literally 00:14:16.200 --> 00:14:19.719 is okay we think lightning's gonna strike here and we're gonna do everything 00:14:19.719 --> 00:14:24.679 we can to kind of make it happen well there were two things I wanted to say 00:14:24.679 --> 00:14:32.840 on I heard Elon say the other day that AI has already taken in all of the 00:14:32.840 --> 00:14:37.320 digital data that is out there so everything that has happened in the past 00:14:37.320 --> 00:14:41.440 in the past like 2,000 years or you know basically everything that's ever been 00:14:41.440 --> 00:14:46.159 written and digitized has already been broken into AI so AI will get better at 00:14:46.159 --> 00:14:50.400 sort of parsing through that data but it's all there there's literally nothing 00:14:50.400 --> 00:14:53.760 new unless we create it and I was thinking about the other day with with 00:14:53.760 --> 00:14:59.599 all these podcasts these long-form podcasts AI can take that if there's a 00:14:59.599 --> 00:15:03.119 four-hour conversation and people have brought up things that haven't been 00:15:03.119 --> 00:15:08.159 written down I can take those transcribe them and put it in the AI so all of the 00:15:08.159 --> 00:15:12.640 filmmakers all of the original creative ideas that have ever existed are already 00:15:12.640 --> 00:15:16.719 in there so if you want to if you want to take a screenplay and then like you 00:15:16.719 --> 00:15:22.400 know make it in the format of a Wes Anderson movie it can do that but it 00:15:22.400 --> 00:15:27.080 can't like really make like make some new original voice it can't really do 00:15:27.080 --> 00:15:32.440 that yeah so and then what Zach was saying about how long these things take 00:15:32.440 --> 00:15:36.280 I know but before it sounded like kind of out of nowhere I brought up Rambo 00:15:36.280 --> 00:15:43.599 before but that movie took years to develop and it sparked a genre that 00:15:43.599 --> 00:15:47.679 people didn't even know that people wanted which was this one man super 00:15:47.679 --> 00:15:51.320 soldier genre so if you think about the careers of like Arnold Schwarzenegger he 00:15:51.320 --> 00:15:57.400 literally made a knockoff of Rambo commando predator all these movies and 00:15:57.400 --> 00:16:03.080 we were talking about before how you know are we ever gonna have hits again 00:16:03.080 --> 00:16:08.799 that everybody agrees on well we kind of don't know what everybody agrees on this 00:16:08.799 --> 00:16:14.559 is how things go viral and so with that movie in particular people saw it and we 00:16:14.559 --> 00:16:18.799 were talking about how the originally he dies in the end and audience audiences 00:16:18.799 --> 00:16:24.640 didn't like that and so they reshot the ending and and it was years before the 00:16:24.640 --> 00:16:29.880 next movies came out so for 10 years after that we had these action movies 00:16:29.880 --> 00:16:35.760 that were coming out so people can freak out when they see AI they're like 00:16:35.760 --> 00:16:39.640 there's literally no point of having original creators anymore AI can just 00:16:39.640 --> 00:16:44.479 make these create your own adventures and and you know people can just sit 00:16:44.479 --> 00:16:48.799 down and be like make me a movie in this genre that I like but I don't I 00:16:48.799 --> 00:16:54.760 can't exactly explain why but there are these surprises that that still exist 00:16:54.760 --> 00:17:00.280 and will continue to exist and as far as I know for right now it still takes our 00:17:00.280 --> 00:17:06.239 like collective human consciousness to decide what those surprises are that 00:17:06.239 --> 00:17:10.280 people want so I don't know if I answered your question but it's just my 00:17:10.640 --> 00:17:16.520 more optimistic outlook for the way that we can use AI and what's interesting 00:17:16.520 --> 00:17:20.040 about what you're just saying and actually I'm curious kind of both you 00:17:20.040 --> 00:17:27.439 and Bond or Zack like you being in the content distribution game like your 00:17:27.439 --> 00:17:32.319 focus is getting people content and information that they want right like 00:17:32.319 --> 00:17:37.439 that's what they're paying for do you see a world where you know there is a 00:17:37.560 --> 00:17:42.680 Breaking Bad on Indy hub that actually has two endings and like based on 00:17:42.680 --> 00:17:47.599 whatever it is that you you know your preferences your algorithm I don't know 00:17:47.599 --> 00:17:51.000 what you want to call it but like there's a world we're on your platform 00:17:51.000 --> 00:17:55.400 on Indy hub somebody's watching Breaking Bad season finales episode one or two 00:17:55.400 --> 00:18:01.199 and it's totally divergent and they're paying something they don't exist with 00:18:01.199 --> 00:18:07.239 a choose your own adventure like Netflix has done this and I hear but 00:18:07.239 --> 00:18:10.880 there's a problem there's a real problem with it Zack you probably have a better 00:18:10.880 --> 00:18:18.280 articulation than I do but I think yeah they've tried you know we've been doing 00:18:18.280 --> 00:18:21.319 this you should be able to do that with plays right they used to do this in 00:18:21.319 --> 00:18:26.319 theater where they would have the audience like okay option a option B you 00:18:26.319 --> 00:18:36.079 know and they never they never really those were never a big thing and I think 00:18:36.079 --> 00:18:40.959 my instinct on it is that and I think what I'm gonna what we're trying to do 00:18:40.959 --> 00:18:46.199 with Indy hub is you've got it's kind of like what was it gladwell's book the 00:18:46.199 --> 00:18:50.199 tipping point which was the one where he had like the four profiles got like 00:18:50.199 --> 00:18:58.880 mavens and tipping point yeah yeah no it wasn't outliers I think it was tipping 00:18:58.880 --> 00:19:07.680 it was either tipping point or what the dog saw um anyway you've got the way 00:19:07.680 --> 00:19:13.479 that I analogize it is like you know I guess Millennials and pre Millennials 00:19:13.479 --> 00:19:17.800 understand this a little bit more but we all have we all have people in our crew 00:19:18.199 --> 00:19:22.640 our circle of friends that have really good taste and they're willing to like 00:19:22.640 --> 00:19:27.280 dumpster dive through you know back in the day it was like piles of CDs you 00:19:27.280 --> 00:19:30.760 know that nobody really wanted to go test but inevitably they'd come up and 00:19:30.760 --> 00:19:32.920 be like oh bro I gotta listen to this you got to listen to this we'd be 00:19:32.920 --> 00:19:36.680 listening to their music at parties and you know sure enough five years later 00:19:36.680 --> 00:19:41.239 whatever band they were into would just fucking blow up and so there's a certain 00:19:41.239 --> 00:19:47.199 like character profile of people who are who are catered towards you know sifting 00:19:47.199 --> 00:19:52.079 through crap and and then sparking it and then so we all have our roles you 00:19:52.079 --> 00:19:54.280 have people who create it you have people who judge it you have people who 00:19:54.280 --> 00:19:59.479 consume it and I think there's a particular role there's a particular 00:19:59.479 --> 00:20:04.719 person personality type who's really really good at kind of sussing these 00:20:04.719 --> 00:20:11.199 things out and and popularizing them so I think the reason it doesn't work at 00:20:11.199 --> 00:20:15.119 scale is because most people don't have that gene you know like there's a small 00:20:15.119 --> 00:20:19.359 group of people who are really good at doing that and those people are kind of 00:20:19.359 --> 00:20:23.040 the bridge between artists and then the regular collective you know consumers 00:20:23.040 --> 00:20:29.479 for lack of a better word and so I think if we can figure out a way to get that 00:20:29.479 --> 00:20:34.839 role working right now it's like it's an algorithm on Netflix and we all agreed 00:20:34.839 --> 00:20:38.000 that the algorithm is trash like it doesn't know what I like it doesn't know 00:20:38.000 --> 00:20:42.719 what I want it like you know I'd rather watch the fucking screensaver on Apple 00:20:42.719 --> 00:20:52.680 TV for 45 minutes see if the DVD has the corner yeah exactly so but one thing 00:20:52.680 --> 00:20:58.400 I know I'm jumping here completely but I had this thought years ago instead of a 00:20:58.400 --> 00:21:04.520 choose-your-own-adventure I'm like way way out here maybe maybe not as far out 00:21:04.520 --> 00:21:11.760 as I think I am but I think what would be crazy and what's possible is instead 00:21:11.760 --> 00:21:16.000 of imagine you can download a movie you experience the movie you plug into the 00:21:16.000 --> 00:21:18.280 matrix you go through all the feelings right because that's really what you're 00:21:18.280 --> 00:21:20.640 doing when you're watching a movie you're having this emotional experience 00:21:20.640 --> 00:21:24.439 you're being taken on this ride you're being manipulated by people who are 00:21:24.439 --> 00:21:27.880 really good at manipulating your emotions to get you to a certain outcome 00:21:27.880 --> 00:21:32.560 and to think about certain things and to come with come up with certain 00:21:32.560 --> 00:21:38.040 conclusions and we spend a lot of time of course figuring out who's the right 00:21:38.040 --> 00:21:42.719 who's the best actor for this character who is the one who is who is the most 00:21:42.719 --> 00:21:48.599 superlative version of this character and I think what we might be able to do 00:21:48.599 --> 00:21:53.959 in the future is actually swap out who the protagonists are who the actors are 00:21:53.959 --> 00:21:57.640 and program that performance because they're they're basically an instrument 00:21:57.640 --> 00:22:04.280 and if you can just like copy their rendition of that story you know I'd 00:22:04.280 --> 00:22:07.280 like to experience this movie where maybe Jack Nicholson didn't play the 00:22:07.280 --> 00:22:12.760 lead but it was Al Pacino or whatever and they have you know very different 00:22:12.760 --> 00:22:16.800 ways of responding to each moment and playing this character and so on and so 00:22:16.800 --> 00:22:20.880 forth so maybe it's not the ending that I want that we're gonna have the 00:22:20.880 --> 00:22:24.719 choose-your-own-adventure but it's like I'm gonna be able to go through so many 00:22:24.719 --> 00:22:28.880 iterations of this story through so many different you know artistic 00:22:28.880 --> 00:22:34.640 perspectives and that could be interesting yeah and that's that's done 00:22:34.640 --> 00:22:39.359 to varying levels of success including highest level of success where it's 00:22:39.359 --> 00:22:45.520 like we're yeah we're remaking Romeo and Juliet right in a modern context yeah 00:22:45.520 --> 00:22:50.319 totally like and it works because it's one of the most incredible stories it's 00:22:50.319 --> 00:22:54.640 ever been told right yeah the most recent one wasn't too great but I mean 00:22:54.640 --> 00:22:58.680 gladiator gladiator 2 was a piece of shit 00:22:58.680 --> 00:23:03.000 I'm not talking about sequels, I'm talking about re-doing the same thing. 00:23:03.000 --> 00:23:07.959 Sorry, I just had to get that out. The Leo, Romeo and Juliet, that was the best. 00:23:07.959 --> 00:23:15.319 Anyways. But no, I think that's totally valid and I think that it makes a lot of sense too 00:23:15.319 --> 00:23:18.199 like especially if you can have an AI where it's like you literally just 00:23:18.199 --> 00:23:23.400 digitally replace the whole performance with like a new model. Great. 00:23:23.400 --> 00:23:27.479 Yeah. Or it's like even Star Wars right you know what's your face I'm so 00:23:27.800 --> 00:23:31.640 terrible with actresses names but she passed away was playing Leia Fisher yeah 00:23:31.640 --> 00:23:36.280 Carrie Fisher passes away and you know suddenly you know on an airplane like 00:23:36.280 --> 00:23:41.000 just wild on her way back over from Europe and they still haven't finished 00:23:41.000 --> 00:23:45.560 the movie and so they had to go and like re-shoot a thing and like AI dump her 00:23:45.560 --> 00:23:49.959 face on top of somebody because they have a billion dollar franchise that 00:23:49.959 --> 00:23:55.079 needs a scene re-shot you know it's like that kind of stuff yeah side note oh 00:23:55.079 --> 00:23:59.880 sorry go on Anton well I was just going to say they we do that as well with archetypes 00:23:59.880 --> 00:24:05.160 and you know take like the romantic comedy like teen comedy 10 things I hate about you 00:24:05.160 --> 00:24:10.680 I think that was is that one Pygmalion I forget yeah what what play that is and so 00:24:10.680 --> 00:24:15.400 you know oftentimes we take a Shakespeare and we don't make like Shakespeare the way that like 00:24:15.400 --> 00:24:19.479 Baz Luhrmann makes Shakespeare but you make some romantic comedy that is essentially the 00:24:19.479 --> 00:24:24.280 Shakespeare story and so you know you can you can do that like if you really love The Matrix 00:24:24.280 --> 00:24:29.400 you can make you know whatever your favorite animated movie with the same storyline as The 00:24:29.400 --> 00:24:33.560 Matrix with you know different characters or a romantic comedy version of The Matrix 00:24:34.520 --> 00:24:38.760 yeah like there's really only seven stories we tell we just tell them in different contexts 00:24:38.760 --> 00:24:42.680 over and over and over again Timmy of the Shrew Anton Timmy of the Shrew I forgot 00:24:43.479 --> 00:24:46.280 I so this actually gets me under an interesting thing of like 00:24:47.239 --> 00:24:55.079 is there a world where you think AI is actually a laser disc like AI in its current iteration 00:24:55.079 --> 00:25:01.079 is not blu-ray it's not going to win it's a laser disc it's getting us to kind of like 00:25:01.079 --> 00:25:04.199 Nostra it's going to get us to something where because I actually agree with your algorithm 00:25:05.000 --> 00:25:09.880 thought it's like who's that dude who's like I don't play anything or use a computer but 00:25:09.880 --> 00:25:14.599 everybody comes to me because I can like choose things and I'm great and it's like this dude's 00:25:14.839 --> 00:25:17.479 making like a billion dollars like doing freaking nothing and he's like a hobo 00:25:18.119 --> 00:25:26.439 um yeah it's a music producer yeah that music guy it's like you know I agree with your premise 00:25:26.439 --> 00:25:31.319 Zach of Rick Rubin like yeah there's the there's the there's the the tastemakers like Rick 00:25:31.719 --> 00:25:37.400 you guys seem like you're going to destroy modern music okay but it but it is but into your wrong 00:25:37.400 --> 00:25:43.560 wrong uh it was um it was uh Tipping Point by the way and it's Connectors, 00:25:43.560 --> 00:25:49.800 Mavens, and Salesmen are the three um but I I'm actually I I actually 00:25:50.599 --> 00:25:53.719 you know have now in this conversation gotten to the thought of like 00:25:56.599 --> 00:26:01.079 I don't think we'll ever have a choose your own adventure thing that's successful 00:26:01.079 --> 00:26:07.959 because to the same like to the to the to the Steve Jobs greatest quote in my opinion is or 00:26:07.959 --> 00:26:10.599 like you know his greatest thought and I don't know the exact quote but he's like 00:26:11.160 --> 00:26:18.119 it does ideas are infinite but execution is everything 100 100 and so choose your own 00:26:18.119 --> 00:26:22.280 adventure is not going to work because I don't want to talk to you about your version of it I 00:26:22.280 --> 00:26:26.199 want to talk to you about the version you hated or the version you loved like that's the thing 00:26:26.199 --> 00:26:29.880 and so it's like I feel like choose your own adventures just water it's like you're watering 00:26:29.880 --> 00:26:35.000 it down like why water down the story every single time I've encountered choose your own adventure 00:26:35.000 --> 00:26:40.119 I'm far more interested in the total scope of all the different adventures that are chosen 00:26:40.199 --> 00:26:45.560 that could be chosen like every single path I want to know every single path right because to 00:26:45.560 --> 00:26:51.239 me like that's oh yeah you can take oh interesting Michigan oh okay but it's like revealing something 00:26:51.239 --> 00:26:56.520 about the author right which would be like the you know what you get when you consume a story 00:26:56.520 --> 00:27:03.479 anyway like what's their you know what's their theological you know presuppositions about what 00:27:03.479 --> 00:27:10.359 they believe and how do they portray those in their story and and we already choose our 00:27:10.359 --> 00:27:14.119 own adventure we used to watch fucking trailers and then we'd be like ah Ridley Scott doing a 00:27:14.119 --> 00:27:17.959 Roman epic like yeah fuck yeah that's the adventure I want to go on like I don't want to choose more 00:27:17.959 --> 00:27:26.199 than that I just looked up you guys remember the movie Titanic James Cameron biggest movie ever 00:27:26.199 --> 00:27:31.800 I remember when it came out there were lines around the theater people saw it multiple times 00:27:31.800 --> 00:27:37.160 I saw it four times did you four thousand theaters with my mom I just looked up what 00:27:37.160 --> 00:27:42.040 movies came out at the exact same time as Titanic Good Will Hunting as good as it gets LA 00:27:42.040 --> 00:27:49.560 Confidential Jackie Brown Amistad the Full Monty Gattaca the Fifth Element and Contact so everybody 00:27:49.560 --> 00:27:53.560 went and saw that movie but you had all these other movies these are all these movies that 00:27:53.560 --> 00:28:00.040 are like classic hits that you probably saw too so you probably have any of those are almost more 00:28:00.040 --> 00:28:06.760 referenced than Titanic is yes so we have these things that we all kind of we all want to talk 00:28:06.760 --> 00:28:12.920 about something together and we all gravitate toward something so I'm optimistic that these 00:28:12.920 --> 00:28:16.680 things that are hits that have you know big production values that are maybe made in a 00:28:16.680 --> 00:28:22.439 more traditional way those things will still exist and there will also be this choose your 00:28:22.439 --> 00:28:26.520 own adventure thing because we also like to vary it up a little bit it's like we all want to go 00:28:27.079 --> 00:28:32.680 and see the hit and then we all also like in our own time want to do these these little things and 00:28:32.680 --> 00:28:40.760 so AI provides that and yet there's still hope for the bigger group collective things that 00:28:42.040 --> 00:28:47.880 you know maybe are made in a more traditional way because I think I think sorry just to wrap that 00:28:47.880 --> 00:28:58.199 one up I think that you know the ultimate choose your own adventure genre of entertainment already 00:28:58.199 --> 00:29:07.719 exists they're called video games and AI is going to I would imagine allow you to do a choose your 00:29:07.719 --> 00:29:13.800 own adventure in a video game context in so much more of a logical entertaining fun way I mean 00:29:13.800 --> 00:29:19.719 think about like Diablo like I've been playing a lot of Diablo 4 and they're using AI or whatever 00:29:19.719 --> 00:29:26.359 algorithm they have to generate a every time you enter a zone you know or a dungeon it's it's it's 00:29:26.359 --> 00:29:31.079 new and it's fresh it's the same but it's different it's never the exact same little dungeon you go 00:29:31.079 --> 00:29:35.880 into at the exact same time and like that makes a lot more sense so to be able to sort of craft 00:29:35.880 --> 00:29:43.239 and cultivate your own story when you're playing the protagonist you know that's that that to me 00:29:43.239 --> 00:29:48.520 that is a much more sensical application of something like AI where where traditional 00:29:48.520 --> 00:29:55.959 storytelling or movies that's going to remain its own category you know like it's just a particular 00:29:55.959 --> 00:30:02.199 style of thing and you know we're kind of hardwired for you know definitely the the filmmaking aspect 00:30:02.199 --> 00:30:13.239 of it but I think that I think that it's at the very least it is going to generate a lot more 00:30:15.959 --> 00:30:21.239 ways of doing the same thing we've been doing for a long time more genres more categories more more 00:30:22.520 --> 00:30:25.719 more types of technologies that allow you to go through these 00:30:25.719 --> 00:30:29.479 you know universally true human stories that we all enjoy so much 00:30:29.719 --> 00:30:38.520 yeah I agree I'm very curious the do you guys think we end up at inception where people just 00:30:38.520 --> 00:30:44.599 want to plug into the matrix and we're already there man you're not wrong you're not wrong is 00:30:44.599 --> 00:30:48.040 there I guess that's the thing is is there is there any way to make people want to go outside 00:30:48.040 --> 00:30:52.520 I mean even me it's like it's freaking raining here today and I'm like I really want to go outside 00:30:52.520 --> 00:30:57.400 um I find myself doing my screen time has been averaging on my phone eight hours 00:30:57.719 --> 00:31:01.160 and I'm like kind of embarrassed to say that every time I see it I'm like how the hell 00:31:01.959 --> 00:31:06.199 I do leave YouTube videos playing a lot like if I'm doing the dishes or something so that's part 00:31:06.199 --> 00:31:13.400 of it but I'll find myself just scrolling forever trying to find the things in my like human 00:31:13.400 --> 00:31:18.839 algorithm and like switching app to app to app so as AI gets better at just delivering that like 00:31:18.839 --> 00:31:24.760 turn your brain off give me the information that I like I think a lot of people will choose into 00:31:24.839 --> 00:31:30.599 that and it's going to be up to us to find our healthy relationship with that because I will 00:31:30.599 --> 00:31:37.400 know for me I said I run earlier I will literally go out and run for hours and you know look at 00:31:37.400 --> 00:31:43.079 animals and plants and like I could roll my ankle and there's like these exciting things I know it's 00:31:43.079 --> 00:31:47.800 going to extend my life if I do it in a healthy way and it's going to make me healthier it's like 00:31:47.800 --> 00:31:52.760 it's the healthy thing to do but it also takes a lot of effort and let's be real there are a lot 00:31:52.760 --> 00:32:01.400 of people that don't take the healthy route in life and AI is going to provide like a heroin 00:32:01.400 --> 00:32:07.239 level addiction to technology for a lot of people I've got a super hot take on this one I'll uh 00:32:07.239 --> 00:32:11.719 I'll leave it to you three to critique it because you're you're more literate in this than I am but 00:32:11.719 --> 00:32:18.520 this is this is where I'm at with it again this is just this is just a thought it's just an idea 00:32:18.520 --> 00:32:22.199 this is just a thought it's just an idea it doesn't have to be more than that uh but 00:32:24.040 --> 00:32:31.000 it's always ultimately been our responsibility to make the choice about who we're serving what 00:32:31.000 --> 00:32:37.400 we're doing we have the ability to make the choice about um you know how to live our lives if you 00:32:37.400 --> 00:32:42.680 want to be in service of god if you want to be in service of of deceit uh you know if you're 00:32:42.680 --> 00:32:50.280 whatever it is your life is your choose your own adventure in that regard and uh you know if 00:32:53.000 --> 00:33:00.599 if entropy if if entropy is the thing that we're fighting um for the sole purpose to 00:33:00.599 --> 00:33:04.119 just keep the game going as long as possible because it's awesome because life is great 00:33:04.839 --> 00:33:09.560 um then it's a really important it's super important to get on the mission 00:33:10.359 --> 00:33:14.760 and if you're not on the mission uh you're you're basically just going to be tossed out 00:33:14.760 --> 00:33:18.439 and recycled and thrown back in until you figure out what the fucking game actually is 00:33:19.800 --> 00:33:29.079 and i think that ai could be a way for god to do that um because there's a bunch of people 00:33:29.079 --> 00:33:32.520 who have made a decision about what they're going to do with the time they have in their life 00:33:32.520 --> 00:33:38.199 and they're going to use this incredibly powerful tool in order to solve for entropy in this example 00:33:38.199 --> 00:33:43.959 right to make things better to build things that last to slow down destruction and chaos and 00:33:43.959 --> 00:33:48.839 there's going to be a bunch of people who have no fucking idea what the hell is even going on 00:33:48.839 --> 00:33:55.079 they're going to be totally consumed by ai they're they're going to be exactly uh the inception just 00:33:55.079 --> 00:33:59.560 plugging in they're just in the matrix they're just having dopamine hits however they can do 00:33:59.560 --> 00:34:03.239 it they're essentially just drug addicts you're just you're just having this chemical reaction 00:34:03.239 --> 00:34:10.120 in your brain um and like it's it's possible that it it just wipes out a ton of useless 00:34:10.760 --> 00:34:16.840 unconscious beings so that everybody else can get back to the fucking point hot take of the day 00:34:19.000 --> 00:34:21.479 i mean i don't i don't think it wipes anybody out i think 00:34:23.399 --> 00:34:30.120 you know it metaphorically speaking yeah yeah like in terms of like okay cool you know the 00:34:30.120 --> 00:34:35.159 standard thing in hollywood everybody moves to hollywood to become an actor and so the supply of 00:34:35.159 --> 00:34:43.080 actors in hollywood is just outrageous right but like what if you don't need to move to hollywood 00:34:43.080 --> 00:34:48.679 to be an actor like is that kind of what you're getting at like oh yeah i can just i'm an actor 00:34:48.679 --> 00:34:54.199 now i'll just turn it on and like okay cool and then like but you're not really acting you're 00:34:54.199 --> 00:34:57.560 just playing video games for yourself but you think you're acting it's just like you're not 00:34:57.560 --> 00:35:03.080 actually contributing to civilization or anything else right so you're plugged into the matrix and 00:35:03.080 --> 00:35:06.600 and then therefore there's you know a whole another set of people who are like you don't 00:35:06.600 --> 00:35:11.959 actually want to be an actor uh so i'm going to go through i'm going to like stand in front of people 00:35:11.959 --> 00:35:16.280 i'm going to rehearse i'm going to like do these hard things and i'm going to put you know put 00:35:16.280 --> 00:35:22.040 myself out there and the whole thing i think there's a positive there's a positive to that 00:35:22.040 --> 00:35:29.399 because you can now be an actor anywhere there is a way to provide a performance in this 00:35:29.399 --> 00:35:35.479 decentralized way not only because production has been spread all over the place because of 00:35:35.479 --> 00:35:41.959 various technologies but also you can literally be a virtual actor if you want to and you know 00:35:41.959 --> 00:35:46.760 there are going to be ways where if you're good at creating something using all these different 00:35:46.760 --> 00:35:51.159 ai platforms you can literally act out something and have another character put on top of you 00:35:52.600 --> 00:35:58.600 or you can move to a area like la or atlanta or something and physically go out and act 00:35:58.600 --> 00:36:05.320 but the common thing in both of those cases are you have to make the choice to actually go out 00:36:05.320 --> 00:36:12.280 and and do that thing and a lot of people it basically and i've noticed this there are so 00:36:12.280 --> 00:36:18.679 many people glued to their phones in just out in life that literally this thing that kind of 00:36:18.679 --> 00:36:22.919 create gives you a superpower because you're connected to any kind of information you never 00:36:22.919 --> 00:36:28.120 want literally a superpower now is putting it down and not using it because so many people 00:36:28.120 --> 00:36:35.479 are being taken out of life by being glued to it that that's exactly my point like you like you're 00:36:35.479 --> 00:36:40.280 we have this we have the technology we have this ability to do incredible stuff but uh there's 00:36:40.280 --> 00:36:45.719 going to be a whole a whole swath of people who just are taken out of the game they're they're 00:36:45.719 --> 00:36:51.000 useless they're they're just meat props you know like and they're going to have to get thrown back 00:36:51.000 --> 00:36:55.159 into the washing machine to figure out you know maybe another six thousand years for them to 00:36:55.159 --> 00:37:06.520 figure out what the hell they're actually doing yeah um how do we bring this back to bitcoin 00:37:07.000 --> 00:37:12.280 that's uh that's i think exactly it's a question is is los angeles dead 00:37:13.080 --> 00:37:16.600 did ai kill it or did it kill itself and can bitcoin save it 00:37:19.080 --> 00:37:27.560 i think that i think that la um as we all grew up you know our demographic grew up to understand it 00:37:27.560 --> 00:37:36.040 is dead um technology has totally decentralized the power structure um it's decentralized the 00:37:36.040 --> 00:37:43.239 exhibition methods it's it's allowed for people to not be forced to be in a densely populated area 00:37:43.239 --> 00:37:53.719 to do that job um but that doesn't mean that like the idea or the reasons behind why hollywood became 00:37:53.719 --> 00:37:57.000 such a big deal in the first place are dead they're just going to evolve and they're going 00:37:57.000 --> 00:38:04.520 to change um you know i we're we're in this digital realm now we're in this digital space 00:38:04.520 --> 00:38:15.159 and um you know that that networking and the ability to work with other people 00:38:15.879 --> 00:38:20.040 uh you can kind of have you can kind of be anywhere so from a from a physically bound 00:38:20.040 --> 00:38:25.080 perspective i think hollywood's dead but you know from an ideological perspective i think 00:38:26.040 --> 00:38:31.320 we're probably on the precipice of a massive fucking renaissance brought on by tech like bitcoin 00:38:32.120 --> 00:38:36.360 i like personally i don't necessarily think that la is dead at all i think 00:38:37.080 --> 00:38:43.879 that i mean and we can you know reference cory like the other guy who's been on this um 00:38:45.719 --> 00:38:53.000 he had a whatever billionaire backer for a studio that they built in the midwest 00:38:54.840 --> 00:38:59.399 big one of the biggest studios there is right and they just had to shut it down because like 00:38:59.719 --> 00:39:04.199 it's never gonna make any money we can't get the connections it's a whole thing it's like one 00:39:10.360 --> 00:39:14.120 bondor's dead bondor's internet cut out i'm gonna pick up where he just dropped out 00:39:14.679 --> 00:39:20.199 do you guys know there's a huge studio in outside of salt lake city in utah and they 00:39:20.199 --> 00:39:25.639 just converted it to pickleball courts did you guys see that what what yeah because they can't 00:39:25.639 --> 00:39:29.800 make any money and they're like we have this giant space and pickleball is a huge thing let's 00:39:29.800 --> 00:39:34.919 just put a pickleball court in there at least we can like have tournaments and you know make a 00:39:34.919 --> 00:39:40.600 little bit of money off of it i think i think what my take on this from an indie hub perspective is 00:39:40.600 --> 00:39:47.639 that the reality i think that the reality is that um the the filmmaking business model is dead in 00:39:47.639 --> 00:39:53.800 general and the only reason that the the people in la the only reason that the studios can still 00:39:53.800 --> 00:39:57.879 exist is because they're publicly traded and they were playing a cheap money game for a long time 00:39:57.879 --> 00:40:02.679 and they were able to print money at no interest the second interest rates got jacked up guess what 00:40:02.679 --> 00:40:09.479 happened production basic they called them they were like nope you know cancel everything uh and 00:40:09.479 --> 00:40:15.959 the city started dying right so the business model itself was only functional in this super cheap 00:40:15.959 --> 00:40:22.280 money environment um and i think that the business model has to fundamentally change 00:40:22.919 --> 00:40:27.879 back to a sound business model of you know can you figure out a way for people to pay 00:40:27.879 --> 00:40:32.840 what you're producing pay for what you're producing um i think you know i think that 00:40:34.600 --> 00:40:42.520 again like we we evolved from this unit sales business of buy a ticket to support the movie 00:40:42.520 --> 00:40:46.439 that you thought was great and if that movie did great then that little business entity or that 00:40:46.439 --> 00:40:51.479 studio did incredibly well but nobody buys tickets anymore it's all it's all streaming so we have 00:40:51.479 --> 00:40:56.120 these licensing agreements and business deals from a units unit sale based business model back 00:40:56.120 --> 00:41:03.159 in the day to this to a world where everything is streaming and digital and it just doesn't work it 00:41:03.159 --> 00:41:08.600 doesn't it doesn't they have it just doesn't work so we have to find a new way to make this actually 00:41:08.600 --> 00:41:15.639 profitable in a world where interest rates might not go down to zero ever again um and so that's 00:41:15.639 --> 00:41:19.959 just a long-winded way of saying like there's a gross misallocation of capital over the last 20 00:41:19.959 --> 00:41:25.959 years due to cheap money and that consolidated the industry significantly and there's just a 00:41:25.959 --> 00:41:30.280 couple of players who can survive it because they own properties like fucking disneyland 00:41:31.080 --> 00:41:38.600 like they're subsidizing a bunch of losses um and it's a big bookkeeping scam so i don't know i i 00:41:38.600 --> 00:41:45.479 think that i i do fundamentally believe that bitcoin changes this um and uh kind of tying 00:41:45.479 --> 00:41:54.919 it back to the technology side of things we can produce really quality material quality projects 00:41:54.919 --> 00:42:00.600 for a fraction of the cost that we used to be able to do it uh you could do a great movie for 00:42:00.600 --> 00:42:07.080 a couple million bucks that is a massive hit um i think anton knows something about that and we 00:42:07.080 --> 00:42:11.959 just have to figure out a way to monetize it in a more efficient way and i think the market is 00:42:11.959 --> 00:42:15.560 sussing that out that's yeah i think what's really interesting about what you're saying 00:42:15.560 --> 00:42:24.199 zach is the um it's unit yeah it's it's unit economics and the unit has been fungible i guess 00:42:24.199 --> 00:42:29.879 bitcoin is fungible but i mean like completely fungible like there's no there's no bottom to 00:42:29.879 --> 00:42:37.959 the earth rather top to the amount of the unit and so the the infinite fungibility of the of 00:42:37.959 --> 00:42:46.199 the balance sheet has been the problem um you know 1971 coming off the gold standard um you 00:42:46.199 --> 00:42:51.399 know you used to be able to take a i think i actually have one um like a two dollar bill 00:42:51.399 --> 00:42:57.239 or whatever it is and it's like this is for this is a a promissory note for two dollars worth of 00:42:57.239 --> 00:43:06.040 gold and that's not the case anymore and so i think what's interesting is um you know and again 00:43:06.040 --> 00:43:10.520 it's like what's always great about chatting with you guys is i always come to i have new thoughts 00:43:10.520 --> 00:43:14.439 and i think that's the the point of this is like try to push people to places they've never been 00:43:14.439 --> 00:43:21.320 before and it's the thought of like okay so if we need to build back better which is a random 00:43:22.040 --> 00:43:27.800 you know i can't remember i don't know if that's a common phrase yeah but anyways the uh the the 00:43:27.800 --> 00:43:33.479 core the the key here that was like you know with with altadena and with um with palisades 00:43:34.360 --> 00:43:41.719 there's a lot of really interesting thought about getting like a rick caruso or somebody who 00:43:43.560 --> 00:43:49.879 what walt disney did really well is he he had a vision and the problem we've lost is we've lost 00:43:49.879 --> 00:43:53.879 our ability to dream like walt like that's the problem is like we've everybody's looking for 00:43:53.879 --> 00:44:00.679 the government to tell them what a dream is it's like my dream is to not pay you know fifty thousand 00:44:01.159 --> 00:44:05.560 dollars in taxes and so to to to fulfill that dream i need to make sure that i jump through 00:44:05.560 --> 00:44:10.040 this hoop and then bow to this person and kiss this person's feet and then jump over this person 00:44:10.040 --> 00:44:14.280 and sleep with this person or whatever it is right and i'm just like going random and crazy but that's 00:44:14.280 --> 00:44:19.800 that's it like right now the american dream is pay no taxes or pay little taxes like that's the 00:44:19.800 --> 00:44:26.040 american dream right now the the dream is to play the game well and what i'm optimistic about with 00:44:26.040 --> 00:44:30.919 bitcoin is the dream will be to dream again and i actually that's one of the things i really do 00:44:30.919 --> 00:44:34.520 like about elon there's a lot of things i don't love about elon there's a lot of things all about 00:44:34.520 --> 00:44:40.600 trump what i like about both of them is they dream again like they're they're they're showing us how 00:44:40.600 --> 00:44:45.800 to dream again and i'm reading the bible right now and i'm you know going back through i'm trying to 00:44:45.800 --> 00:44:54.679 do the bible in a year it's really interesting the prescriptive nature of like numbers and 00:44:54.679 --> 00:45:06.120 leviticus where the prescription is do this thing so that you can live in the abundance that i have 00:45:06.120 --> 00:45:12.199 for you kind of thing and i think we've lost that last portion of this and it's like do you know and 00:45:12.199 --> 00:45:16.760 so like elon is thinking about the abundance of us being an interplanetary force and and trump 00:45:16.760 --> 00:45:21.639 is thinking about the abundance of a balanced budget like all these things that have just kind 00:45:21.639 --> 00:45:25.959 of been sucked away by by the leeches and government right that's what they are i would say 00:45:25.959 --> 00:45:28.760 most people who work in government and sorry if you were in government you're watching this but 00:45:28.760 --> 00:45:37.879 like most of you are are terrible sorry you are because if you're not policing yourselves and we 00:45:37.879 --> 00:45:41.399 can find out that you spend eight thousand dollars or thirteen thousand dollars whatever it is for a 00:45:41.399 --> 00:45:48.439 coffee cup that goes on an airplane really you know it's it's it's the system we're in that has 00:45:48.439 --> 00:45:55.000 become corrupted um the incentive system the incentives that we show me the incentive i'll 00:45:55.000 --> 00:46:00.280 show you the outcome and the incentives that we've been given based on the corrupt class of people 00:46:00.280 --> 00:46:05.639 who have taken over the united states over the last 40 years have created an incentive whereby 00:46:05.639 --> 00:46:11.320 we can't afford to dream we still dream human beings dream just like in soviet russia it's not 00:46:11.320 --> 00:46:18.760 like there weren't dreamers they were in a system that gave no uh gave nothing back in exchange for 00:46:18.760 --> 00:46:28.040 the dreaming so if we if we can get back to a system that uh creates an incentive for us to 00:46:29.000 --> 00:46:37.560 contribute value then we're golden i mean it really is in my opinion it's it's it's that 00:46:37.560 --> 00:46:44.280 simple the the incentive system has to change and bitcoin is polar 180 degrees the opposite 00:46:44.280 --> 00:46:50.280 direction of the current incentive system that we've had throughout our lifetime um and as as 00:46:50.280 --> 00:46:55.800 negative as things have gotten the downward trajectory that we've been on you know throughout 00:46:55.800 --> 00:47:01.560 our lifetimes uh i i really think that we have every opportunity to go precisely the opposite 00:47:01.560 --> 00:47:06.439 direction if you just change the incentive system and i think bitcoin is that it fundamentally is 00:47:06.439 --> 00:47:13.399 that it's a it's a completely different incentive scheme for whatever reason fiat money and 00:47:14.280 --> 00:47:20.439 debt that you take out in fiat just people don't really value it for some reason and so 00:47:21.560 --> 00:47:27.639 these things that we build when we take out a loan to build a studio or something they're built in a 00:47:27.639 --> 00:47:34.439 really shitty way to last as long as it takes the the financing of the loan to be paid off 00:47:34.439 --> 00:47:41.399 when hollywood was built in the early 1900s there was sound money and people built things to last 00:47:41.959 --> 00:47:49.639 you there's literally evidence of it and even though la has been built up since then these old 00:47:49.639 --> 00:47:54.280 structures still exist so you can drive around la and you look around and be like wow 00:47:54.280 --> 00:48:01.719 there's the max senate studio wedged in between these two u-haul storage spaces and a jack-in-the-box 00:48:01.719 --> 00:48:09.399 that's tagged off of the two exit but they still exist and you know i think about it with like 00:48:09.399 --> 00:48:16.919 i have some physical gold i will not take that physical gold and go and buy a car that i want 00:48:16.919 --> 00:48:22.439 because i know that that car is just something that breaks down over time i would however take 00:48:22.439 --> 00:48:28.919 that gold and invest it in a film that i want to make because i know that that film i i want to 00:48:28.919 --> 00:48:34.360 invest in myself i know that it would live on past when it's when it's created so like the 00:48:34.360 --> 00:48:40.520 cheap fiat crap just breaks down and the stuff that you really value goes and lives on and so 00:48:40.520 --> 00:48:46.679 as we get back towards a sound money again i do think there is going to be another golden age just 00:48:46.679 --> 00:48:55.000 like the the era from 1900 to 1920s was a golden age it's when we had art deco architecture and 00:48:55.000 --> 00:49:01.560 when all the studios were being built and so it seems like we're on the verge of that happening 00:49:01.560 --> 00:49:08.360 again as we transition into hopefully hyper bitcoinization or a bitcoin standard or something 00:49:08.360 --> 00:49:15.800 like that i agree with that wholeheartedly is as shitty as things are and as much as much stuff 00:49:15.800 --> 00:49:21.159 there is to complain about the deepest part of my soul in my heart i i do fundamentally believe that 00:49:21.159 --> 00:49:27.320 we're we're about to enter a golden age that i don't think anyone is prepared for in terms of 00:49:27.320 --> 00:49:30.520 what we're going to be able to output and what we're going to be able to do you combine you 00:49:30.520 --> 00:49:35.399 combine the infinite you know ai right like bitcoiners know this you've got two realms you 00:49:35.399 --> 00:49:38.679 have the physical realm you have the information realm right you have this ledger that's backed by 00:49:38.679 --> 00:49:43.080 real energy you have data that can be manipulated that's protected by this physical thing when you 00:49:43.080 --> 00:49:48.840 combine both of those in a really effective way my god what what becomes possible so we have ai 00:49:48.840 --> 00:49:55.959 that's able to wrangle data which is mind-blowing and then you have it you have it limited um and 00:49:55.959 --> 00:50:04.840 restrained by something like bitcoin and its energy usage um man i i'm bullish man i really am 00:50:04.840 --> 00:50:11.800 i'm i'm bullish i'm bullish humanity i'm i'm i'm um you know i think one of the things too while 00:50:11.800 --> 00:50:15.080 we're doing these are like we're trying to figure out what the form is going to be and how it's 00:50:15.080 --> 00:50:19.479 going to work and all that i'm like what value are we going to add hopefully you know of the 17 00:50:19.479 --> 00:50:24.040 people who are watching this you're getting some value out of it but i think that's everything is 00:50:24.040 --> 00:50:28.199 like adding value it's like what's the value for value exchange like how does this get better how 00:50:28.199 --> 00:50:34.040 does this get bigger and i'm just really trying to figure out how we um you know what what does 00:50:34.040 --> 00:50:40.760 that look like in the new economy you know i think we're we're in an interesting place where we 00:50:41.719 --> 00:50:45.320 we're a part of the generation i guess is sort of a sovereign individual thesis 00:50:45.320 --> 00:50:52.840 um where we're we're this pioneering generation that's going to build this foundation um it's a 00:50:52.840 --> 00:50:57.639 it's a pretty exciting place to be like we might not see the ultimate fruits of it we most definitely 00:50:57.639 --> 00:51:03.800 will not but we're the ones building it um and it's it's an honor and it's a privilege and it's a 00:51:03.800 --> 00:51:09.719 hell of a responsibility and um you know i think we i think we just need to have fun with it you 00:51:09.719 --> 00:51:15.879 know like it's it's it's gonna be a hell of a ride the next 30 years there are some awesome 00:51:15.879 --> 00:51:23.800 people that i desperately want to orange pill who i'm like why are you not into bitcoin and yet 00:51:23.800 --> 00:51:28.840 it's us we're we're the ones and so we need to make the most of it because we're the ones 00:51:29.479 --> 00:51:37.879 for whatever reason yeah no for sure so well what are you guys working on and kind of like 00:51:38.840 --> 00:51:43.719 landing the plane on it you know how can um i think that's the other part of this is just like 00:51:43.719 --> 00:51:48.679 adding value to to other people then like adding value to like what you guys are doing and trying 00:51:48.679 --> 00:51:53.399 to work on like for me i'm really trying to to just really help bitcoin companies and just 00:51:53.399 --> 00:52:02.280 companies in general like stop taking like stop taking advantage of their customers it's terrible 00:52:02.760 --> 00:52:06.199 truth right but like if you can think about your customer and a um 00:52:08.600 --> 00:52:12.600 in a in a very i'm not saying bitcoin companies or anybody like taking advantage of their customers 00:52:12.600 --> 00:52:18.360 but like i think one of the things that fiat money has done is value yeah just like they've made 00:52:18.360 --> 00:52:23.879 people think about how are we going to get to our next raise and not how do i make this person stick 00:52:23.879 --> 00:52:36.199 forever kind of thing you know yeah yeah i'm not doing anything specifically for bitcoin but 00:52:36.199 --> 00:52:43.239 bitcoin is allowing me to do the things that i always dreamed about doing and it's also giving 00:52:43.239 --> 00:52:48.919 me like a much longer perspective than i ever had before basically it gives me the ability to save 00:52:48.919 --> 00:52:54.360 money and i've never had that before and that gives me a lot of hope for the future because 00:52:55.320 --> 00:53:03.000 i'm pretty much certain that in a few years i will be much wealthier than i am now i have bitcoin to 00:53:03.000 --> 00:53:10.120 thank for that and so how can i best use that wealth and so i'm still acquiring the knowledge 00:53:10.760 --> 00:53:17.639 so that i know how to distribute that wealth over the next few years and i would not have 00:53:17.639 --> 00:53:25.320 that ability without bitcoin there it didn't exist before for me yeah yeah super well said 00:53:25.320 --> 00:53:36.040 i mean you know i'm in the same boat i um i think my i think my vision with indy hub was that 00:53:36.760 --> 00:53:47.879 you know for me movies films were profoundly important to me and the trajectory of my life 00:53:48.439 --> 00:53:51.800 and the thoughts that i have had and the ways that i see the world and 00:53:53.639 --> 00:54:02.280 you know my ability to relate to myself even and um you know i i was an actor for a long time and 00:54:02.360 --> 00:54:09.239 and man i i just i love it i love the art i love being in the theater um but i realized 00:54:09.239 --> 00:54:14.040 you know as the industry was kind of you know the pile of shit that i was talking about before 00:54:14.040 --> 00:54:18.760 as that kind of got bigger and bigger and i just started really lamenting the time i was spending 00:54:19.399 --> 00:54:25.000 doing a bunch of dumb shit for no reason i wanted to i realized that for me probably the 00:54:25.000 --> 00:54:33.239 best opportunity i had to make the most impact was to build this platform and try to facilitate 00:54:33.239 --> 00:54:41.879 and allow great talent to succeed and the next generation of visionaries to be able to make a 00:54:41.879 --> 00:54:49.080 return and continue to iterate and continue to refine their their art and their craft and for 00:54:49.080 --> 00:54:53.719 me it was like how can i produce the most amount of movies possible and make the biggest impact 00:54:55.159 --> 00:55:00.919 and it was like it's not auditioning you know it's not going out on the grind that existed over 00:55:00.919 --> 00:55:07.719 the last 15 years and so for me like i don't know i guess it's i guess i guess the answer jd is like 00:55:08.919 --> 00:55:13.000 maybe we can ask the audience like who do you think you are what do you think your role here is 00:55:13.800 --> 00:55:20.199 you know are you are you the salesperson are you the maven um do you have great taste are you a 00:55:20.199 --> 00:55:27.000 filmmaker are you a great storyteller um do you just like watching movies you know figure out how 00:55:27.000 --> 00:55:31.399 you participate and participate you know if you love watching movies and you love supporting 00:55:31.399 --> 00:55:35.479 filmmakers like go to indie hub and subscribe as an audience member that is the best way that you 00:55:35.479 --> 00:55:39.560 can support this movement in this platform if you're a filmmaker make films upload them onto 00:55:39.560 --> 00:55:45.560 this platform if you're uh you know a developer or a business person and you're stoked on it like 00:55:45.560 --> 00:55:52.840 reach out to me let's figure out how to build a team and push this thing forward um you know like 00:55:53.479 --> 00:55:57.560 figure out who you are what you can contribute and then jump in the pool man and get to it and 00:55:57.560 --> 00:56:06.760 get after it love it well thanks um thanks both of y'all for jumping on um we'll continue to just 00:56:06.760 --> 00:56:11.879 do this and try to figure out how we can have the most value and be the most useful for for 00:56:11.879 --> 00:56:16.600 everybody but i just love uh being on this journey with you guys so uh excited to excited 00:56:16.600 --> 00:56:21.639 to see what comes of this hopefully something good 100 but had a lot of fun this is good 00:56:21.639 --> 00:56:30.360 thanks for setting it up jd yeah good stuff see you guys uh see you guys soon 00:56:37.800 --> 00:56:38.300 we're