Episode 840 Scott Adams: Conversation With Naval Ravikant About Coronavirus
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Summary
Naval Ravikant, founder of AngelList and legendary investor, joins me to talk about the coronavirus, and why we should be worried about it. We also talk about how we can prepare for the possibility of viruses and bioweapon attacks.
Transcript
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Hey everybody, this is Scott Adams. Welcome to Coffee with Scott Adams. This is a very
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special one with my guest, Naval Ravikant, founder of AngelList, legendary investor,
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but more importantly, lately, one of the clearest thinkers in the United States, maybe the world.
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I refer to Naval all the time as the smartest person I know with the most impressive talent
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stack. But, you know, it's a dangerous time. And after we do the simultaneous sip, which
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I'm hoping Naval, you'll join me with. Let's do the simultaneous sip. We don't need a preamble.
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Go. Oh my God. So, we got this. I will say, given your stellar introduction,
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I do have to point out that Scott is a recluse and doesn't know very many people. So, that
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definitely helps. If I ever meet somebody smarter, you're going to get demoted from smartest person
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I know. All right. So, you know, this coronavirus is, of course, the big story. And the government's
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doing a pretty good job of telling us what to do. You know, wash your hands, don't sneeze on grandma,
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don't go to China. But they're not doing a good job of telling us how to think, how to think about it,
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how to feel about it. And that's what you are perfect for. Tell us what we should think about
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this coronavirus. How afraid should we be? How should we frame this for the most productive
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approach to it? I think, essentially, the coronavirus is going to push us to do things
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that we should probably already be doing as a society. Firstly, we do need to practice higher
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and higher levels of hygiene in this highly interconnected world. Who doesn't want to be
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cleaner all the time? Everybody I've ever met wants to be cleaner. Everybody admires people who are cleaner
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than them. Everybody likes going to places that are super clean. Everybody, when they first go to
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Japan, has this reaction of, oh, my God, look how clean they are. And it's never looking down on them.
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It's always looking up at them. So I think as a society, it will make us more hygiene conscious,
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which will help us just reduce spreads of the common cold and the basic flu. So I think in that sense,
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it is very helpful. Secondly, I think it'll move us more towards the future faster. Robotics,
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automation, telepresence, VR, remote work, all those things that are coming anyway. I mean,
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let's face it, most of white collar jobs are just LARPing, right? You're just running around
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pretending like you're doing work in meetings. And I think this will expose a lot of that.
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The actual productivity in most white collar jobs is in a small creative portion, which this will
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emphasize. And it'll force us to sort of make that solve the collective action problem of moving to
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those tools. And then I think it'll also cause us to do basic preparedness for viruses and bacteria
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that we need as a society, because synthetic biology technology is getting easier and easier
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and spreading more and more. So it's only a matter of time before we see engineered viruses and
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bioweapons. And so as a society, if we're better prepared for that, it's good.
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I saw your tweet in which you refer to it as essentially a series of wars that we, the big
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creatures of earth, the humans are going to have with the small creatures, the viruses.
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Yeah, this has always been true. If you look at humans, we've been the apex predators on planet
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earth for a long time. Ever since we discovered fire or tools, we've basically taken over and killed
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everything else, right? As soon as humans invented spears, axes, and fire, that was it. We won.
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And every other species got driven into extinction or domestication to the point now where the lowest
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ranking human outranks the highest ranking animal. Like the top dog in the world is lower status than
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the lowest human. You would put that animal down if it attacked that human. So we've conclusively won
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against all the big things. So our remaining natural predators, and actually they're not quite
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predators that consider us their habitat, are bacteria and viruses. And that's a very broad
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generalization. It's like saying plants and mushrooms or fungi. So obviously there are good
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bacteria and even good viruses that we use that are symbiotic, but for every symbiote in the animal
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kingdom, there's six parasites or so. That's the rough ratio that I've heard. So bacteria and viruses
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are our last major remaining enemies, with one exception, mosquitoes. And mosquitoes are actually
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caused damage to us by carrying bacteria and viruses, by injecting us with pathogens. They're
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just flying needles, right? That's the way to think about them. So bacteria and viruses compete with
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us. And there's this hypothesis called the Red Queen hypothesis. It's named after Alice in Wonderland,
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where the Red Queen and her guards are running really fast, but they're all kind of running in place
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against each other because the ground keeps moving. So the idea there is that bacteria and viruses
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evolve to compete with us and infest us. And we evolve in such a way to get away from them.
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And so we use sexual selection, which is Scott Adams goes and find Christina Basham. And this goes
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through a long selection cycle. And then your genes mix with her genes. And then your children,
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which I hope you will have, you know, can use whichever genes are best adapted to this environment
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to resist the next generation of viruses. And viruses are mutating. They're not intelligently
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selecting other viruses to mate with. They're not sexual. They're asexual. But they're just
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replicating mindlessly and mutating. So they're much less likely to pick the right gene. But they're
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so short lived that they're getting many, many, many more mutations. And if you look at the amount
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of genetic variation that a bacteria or virus will get over 20 years, it's roughly similar to what a
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human will get over 20 years. But a human will do it by wandering around their entire life and find the
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proper mate to mix their genes with. The bacteria or virus will do it just by massive amounts of
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replication. So there has always been this race going on, this Red Queen style race between bacteria
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and viruses and us. And we fight through genetic selection and mate selection, and they fight
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through mutation. And now, because of the huge interconnectedness we have, humans living in urban
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environments, traveling around airplanes, you know, shaking hands and doing a lot of business with each
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other, we're spreading these bacteria, bacteria and viruses much faster. We also have a much larger
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population. So now you have seven or eight billion hosts within which a bacteria can mutate, as opposed
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to just a few hundred thousand hosts 100,000 years ago. So we need to use technology to combat that to
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offset that. And we're going to use things like vaccines, therapeutics, handwashing, hygiene, antibiotics,
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social distancing, etc, etc, to resist that. So that's kind of my general thesis.
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Do you think it's reasonable, I've seen a few people hypothesize that because of how we're
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changing our lifestyles to protect ourselves from all this stuff, that we might actually end up saving
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lives, even if the coronavirus is pretty bad, we could end up ahead? Is that possible?
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Yeah, there's some data around that out of Hong Kong that's showing that social distancing is working.
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Hong Kong was hit very badly by SARS. And so they reacted very quickly and vocally to what just happened in
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China. And basically, people just stayed indoors and forget about what the government orders and what
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the government doesn't. I think the government's ability to actually do things is very limited in
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these cases, and people have to save themselves in a decentralized manner. And people in Hong Kong
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just stayed indoors and wore masks, and they washed their hands, and they kept their distance from each
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other. And you can see in the data that not only did coronavirus stop spreading or get contained,
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but everything went down. So the influenza went down, and common colds went down, and other viruses went down.
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So it works. I mean, viruses have very specific methods in how they spread. And a human being is a much
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smarter entity than any given virus. So if each one of us is taking care of ourselves, the problem takes care of
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itself. So let's talk about some of the news, you know, it's tough to peer into this fog of war, and know
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what's true. So China is saying that they've got a, at least maybe they've turned the corner, and the new
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cases are less than than they had been. Do you think that's real? Do you think China's given us the straight
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scoop? I mean, they acted pretty aggressively, could be true.
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Actually, I do believe them. And it's not that I believe them, because I think the government there
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is a paragon of transparency and virtue. I think it's because they don't gain much by lying. If they
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if they lie, and if the thing's not under control, and everybody starts going back to business as
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usual, people can start dropping that again. And that's going to be a disaster for them economically.
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Of course, but they have lied up till now. Pretty much everybody tries to suppress it when they
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thought that it was just rumor mongering. They're also China is more decentralized. And I think people
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give it credit for a lot of what goes on the local level, you know, it takes time to filter up to the
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big bosses level. It's a very large country. It's not a it's not a single unified monolith. So I think
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they were definitely not the most competent in their initial handling of it. But I don't think that
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they're overtly explicitly lying. I think the bigger danger with China is that as they return to business
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as usual, it starts spreading again. But there are countervailing factors like it's going to get warmer,
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and people on average are just going to be a lot more careful. Even if they say go back to work
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to everybody tomorrow, they're all going to be wearing masks still, they're all going to be
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washing their hands all the time. They're not going to be hugging each other. They're not going to be
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within close quarters of each other. And my guess is that public events and buffets and church
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attendant gatherings and so on will still suffer from low attendance. And the cruise, the cruise ship
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industry is dead never to return. Unfortunately, I think you're right about that. I had a plumber come over
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yesterday. And I tried for the first time, the non handshake greeting, you put out his hand and I
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did that, you know, Coronavirus, sorry, you know, nothing personal, sort of testing it out to see,
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does it work socially. And it was a little bit awkward, but not enough that I'm not going to do
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it again. So the easiest, the easiest way to handle that one is this is something I've been doing for
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months now, which is I just tell people, I'm just getting over a cold. And they just back off. So it's
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basically, it's not you, it's me. That excuse would never work better than today.
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Exactly. So that would be my advice to people. You can say I'm getting over a cold.
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I've got a little chest tightness here. Exactly. Keep your distance. Now, there was an article I
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just read about the cruise ship, which for all the wrong reasons, it turned out to be the best
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laboratory. Because you had people in a closed setting, you could really know who these people are,
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and then you could look at the result. And one of the outcomes of that is that nobody under 70
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has died out of over 700 people infected on that ship. So that's impressive. But also,
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they did not get care that quickly, and they were not identified that quickly. So if you assume that
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only the older people were even affected, and now that we know that's where the real risk is,
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we could really put a, you know, sort of a wall around our oldsters, isn't it possible that even if
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this virus is 10 times more viral, that because the people dying from it can be easily identified
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and walled off, isn't there at least some hope that now that we're no longer caught off guard,
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we could drive down the death rate to ordinary flu levels, which is plenty bad, but not-
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Yeah, I don't think it goes down to ordinary flu levels. This thing is much worse than the ordinary flu.
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For one thing, it's far more virulent. You know, the R0, the spread factor is multiples of what is
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the flu. The flu is like a 1.28. This is like a 3.0.
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But that's what the virus itself can do. But if you factor in our response to it,
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That's true. I think we can effectively lower it. But I think it's going to require a level of
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self-quarantine and hygiene that the American population is currently not engaged in. At
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least in San Francisco, 99% is business as usual. And if it's going to spread anywhere,
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it's in San Francisco because you're in a cold, urban environment that's directly interconnected
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to Asia. So I walk around the street, nobody's wearing masks. Everyone's still going to events
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and gatherings. People are still shaking hands and high-fiving. So we do not have anywhere near
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the level of self-control that I think would be required to actually lower the spread factor.
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Secondly, this thing does kill people in their 20s and 30s and 40s. It's just statistically a lot less
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likely. But it has a high comorbidity rate. So if you have an existing condition, which could actually
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just be a flu or cold, it can go haywire on you. So 20-somethings and 30-somethings have died from
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this. It's just in the under-10 category that we've hardly seen anything. The children seem to be very
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immune to it. Well, what's interesting about the cruise ship is that there were enough people
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that we should have seen 30-year-olds dying if people who had good modern care were going to die.
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And none of them did. That's pretty telling. Yeah, the counter-argument is also who has good modern
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care because the current ICU system, the intensive care unit system is built on an assumption of a
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very small number of beds being needed at any given time. So if this thing really does land 20% of
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people in the intensive care unit, like some estimates say, then it'll easily overwhelm the
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hospital system. And you will end up with higher morbidity rates. So a lot of it is about spreading
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it out, spreading out the illness. Like if we just all take care of ourselves and summer arrives,
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then hopefully the sick don't arrive all at the hospital all at once. But there's already evidence
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that that's happening. In South Korea, the hospitals are full. And South Korea is extremely well
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run and managed in this regard. So I don't think we're out of the woods here. I think we're actually
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just entering the time period in the US where we're going to have to take some measures, maybe
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not as extreme as China, but we're going to have to start doing social distancing to protect ourselves.
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And I'm hoping that the warm weather will save us, frankly, because nobody knows with this particular
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virus and the flu does spread in warmer weathers. But in general, the warmer the climate,
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the more humid the climate, the lower the spread factor, because these are airborne viruses that
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like cool and dry and don't like hot and humid. Now, here's an interesting, maybe just completely
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coincidental, and you can help me sort this out. The places with the biggest problems, coincidentally,
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have the worst air pollution. So even people don't realize, but Italy has the worst air pollution in
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Europe. South Korea is a mess. And here's the weird part. Cruise ships, I just read an article that said
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the air on the deck of a cruise ship, not even below deck, on the deck of the cruise ship, the air
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quality was worse than Tehran. Now, so I've asked people, could that be a correlation? And there are
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actually a number of different ways that it could be. One is that it decreases the sun shines, and there's a
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vitamin D hypothesis that, you know, if you're low, you're more susceptible. One is that the pollution
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just lowers your resistance in general. What my own hypothesis is that maybe the virus actually
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becomes more easily airborne if it hitches a ride. Apparently, that's a real thing. A virus can hitch
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ride on dust. So, and then, you know, but you have the other correlations that are heavy smoking areas
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and high density, etc. I think high density is actually the Occam's razor one. Asian cities are
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much higher density than Western cities. Even in Italy broke out in the Turin Marathon at first.
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You know, Quam, you have huge amounts of travelers and pilgrimages coming in and sitting in like large
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gatherings. So I think just high density of people is the most obvious thing. If there's a large group
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of people gathering indoors, that's the perfect spot for a virus. If you have a small number of
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people spread out on a tropical beach, that virus is not going to get a foothold. So I think there's
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some common sense that we're just evolved as humans to realize this. Here's a very simple way to think
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about how embedded this is in human society and culture. Colds tend to occur during cold weather,
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and the people in cultures where they have a lot of cold weather tend to have cold behavior
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and cold attitudes. Why do you use that word cold to remember to an illness, to remember to refer to,
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to refer to an illness, to refer to a weather, and we use to refer to a set of behavior patterns,
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cultural behavior patterns. We use the same word for all three things. That right there should clue you in
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on where these things replicate. And this is knowledge that's embedded in the English language and goes
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back thousands of years. So if you look at the so-called cold cultures, like Northern European
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cultures and Eastern European cultures, they're not bear hugging you. They're not singing and chanting
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and holding hands together. They're generally sitting far apart. They're very suspicious of each
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other. You know, they're not engaging in large gatherings. And they're generally, and when it can, and these
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cultures also have long traditions of, for example, sauna use and hot springs, because they're trying to
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induce artificial fevers in their body. They also tend to favor, you know, tend to worship being in the
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outdoors and being in nature. If you go into kind of warmer weather cultures, like for example, India,
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the ones that are evolved in hot and humid environments, what they have to worry about
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are waterborne diseases. So they're constantly boiling their water or they're spicing their food
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because they're trying to kill the waterborne diseases. Whereas in cold weather cultures, you're
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trying to fight airborne diseases. So I think you just need to have a cold personality and go to a warm
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climate if you want to avoid colds. Well, I'm looking at the big implications because it seems
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to me that we have a pretty good formula for how to keep grandma safe. You know, grandma, you know,
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don't talk to anybody who's been to the concert. Let's take you out to the country. You know,
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he'd just keep you away from people. I have a away from little kids. Well, we don't know right now
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if little kids are spreaders or not. Little kids do get it. They tend not to get very sick from it.
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The question is how much viral shedding and spreading do they do? If they do do a lot,
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then the obvious vector would be that it spreads in schools. The kids are largely asymptomatic or
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unhurt. They bring it home. Grandma's living at the house and she gets sick. So that is a vector
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that we have to test. If I had to predict, I would say schools will shut maybe for a month,
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whatever's the right amount. I don't think there's any chance it won't happen in this country. Do you?
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Don't you think schools are going to shut for maybe a month? I think schools have to shut,
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and I think large public gatherings have to be canceled. And I think large public gatherings
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are going to be canceled not because the people organizing them want to cancel them. There's too
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much money at stake. For example, South by Southwest and the Olympics, it's just that nobody's going to
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show up. People are going to clue in. All it's going to take is a few people dropping dead and then
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everybody will run for the hills. The harder part is school cancellation because schools aren't really
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about education. Let's face it. Schools are an extended form of daycare and socialization.
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So if you cancel schools, then you have a daycare problem for adults.
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You know, well, I'm going to be the voice of optimism on this because I think the country
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needs to hear that we're capable and we're strong. If this were just one person who had a daycare
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problem, that's a problem. But if the whole world has a daycare problem, I'll watch your kids.
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Yeah. Yeah. It takes a village to raise a child. And if we do collective child watching,
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then it gets pretty easy. Right. So we have a whole host of problems
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that would be caused by this that I believe are probably relatively solvable. Let me talk about
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another one. Just to finish that off, I think that this is a huge boon for the homeschooling movement.
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This is your moment. Yeah. I mean, it could change civilization quite permanently and
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forever and maybe for a good... I've said for a long time that where homeschooling is going is a
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virtual reality. Yeah. I've got my little virtual reality set over here. You spend five minutes in
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that and then you say to yourself, okay, would I rather learn history by reading a book or would
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I rather stand in the middle of Napoleon's battle? Right. There's just no question where it's all going.
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So businesses. Now, one of the big fears is that the economy will get crushed worldwide,
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big depression, et cetera. And I'm a optimist on this. Obviously, there'll be a big disruption.
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So there's no question about that. But how bad it becomes, I'm going to add this context.
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And I could do this because I'm the creator of Dilbert. You could take 20% of any workforce
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and remove them from reality and nothing would happen. I think it's more than 20, but yeah.
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Yeah. Nothing would happen. And the reason I know that is not just experience, but it's called summer.
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Right. It's called Christmas. You know, we routinely have 20% of people.
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You also see this when people go on strikes or there's a government shutdown, you're like...
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When I worked for the phone company, the local phone company, I was a salaried employee. And when the
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non-salaried people went on strike, which happened a few times, we so-called managers or salaried
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people would have to fill in. So there's a very small number of salaried people compared to all
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the union people. Didn't make any difference. You know, 20% of us did the job of 80. We just didn't
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do the big projects and the long-term stuff, put that on hold for a month and it was fine.
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And if you buy the creative destruction argument, we're going to go through a shift and the new
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industries that we shift to are actually going to be better for the economy longer term. So,
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you know, going to remote work may end being more efficient. You may be able to hold more
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jobs as a remote worker because you just get the job done instead of having to do FaceTime at the
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office. Even there was some concern that Uber and Lyft would take a big hit because who wants to get in
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the car with a stranger, but it turns out that may be better than getting in a subway or a bus.
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So people switch away into other models of doing things. I think people are fundamentally
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creative and innovative and consumptive and they don't stop doing that. They just change how they
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do it and what they do it around. Like this is going to be a huge boon for Netflix and Slack and
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companies like that, which rely on people staying indoors. Zoom is going to do great. Here we are on
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Zoom. I was thinking this morning how I could invest and make money on this and I had to talk
00:22:45.440
myself out of thinking about that. You're already kind of invested in that by living in the Bay Area
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and kind of being in tech companies in various ways. Yeah. Also, your viewership should go up.
00:23:01.040
That's something you could track. Yeah. Maybe we induce a panic and then everybody comes to our
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Twitter in person. Never mind. I call that marketing.
00:23:09.920
Yeah. Marketing. Do you think, and I know that there's no way to know this, but just
00:23:15.280
based on your broad understanding of the world, do you think there's a genetic
00:23:20.080
element to who's susceptible to the coronavirus? It doesn't have to be an ethnic.
00:23:25.840
No, no, there probably is. But I think there's probably, so it binds to this thing in the lungs
00:23:32.400
called the ACE2 receptors, which is overexpressed in Asians and in males. On the other hand,
00:23:38.320
it does seem to be killing Iranians and Italians and so on as well. So I don't think that that's
00:23:42.880
going to necessarily mean that it's focused in one part of the population, but definitely
00:23:48.480
people who evolved or grew up or came through generations of people who lived next to animals
00:23:54.720
have higher resistance to diseases like flu and smallpox than people who didn't. And you can see
00:24:01.680
the clear evidence of that. And when the conquistadors first got to South America or the colonizers got to
00:24:08.400
North America, you know, they basically almost accidentally killed all the native populations,
00:24:13.840
maybe deliberately, maybe accidentally, but by spreading flu and smallpox. But those are flus and
00:24:18.960
diseases that they themselves were immune to because they and their ancestors had been exposed to them
00:24:23.840
because they had grown up in cold climates where you bring the animals indoors during the winter.
00:24:28.560
And so you grow up next to animals and all the animal born diseases. And as opposed to Native
00:24:33.520
Americans who are running around outdoors and didn't have this concept of living indoors with
00:24:37.120
cattle or domesticated animals. So there's definitely a genetic component to it. And there's a historical
00:24:43.840
component to it. But we're not going to be able to suss that out without massively genome sequencing
00:24:50.560
Well, I'm, I'm almost wondering if you could just take the cruise ship or,
00:24:55.600
you know, some group like that and just sequence them and
00:24:59.760
sequencing is cheap. We could probably start doing it. We could probably start sequencing all the patients
00:25:05.360
and then seeing what level they end up at and then using that to figure out who to put in the front lines
00:25:10.800
of healthcare or not. This is an idea floated by Balaji Srinivasan recently, a mutual friend of ours, who's
00:25:16.320
really declared what he calls World War V, World War virus, World War V. It's pretty clever.
00:25:22.640
And it's going full scale on this thing. But he basically made that point, which is you should,
00:25:27.280
we should be doing the sequencing and testing to figuring out which healthcare workers should be
00:25:31.120
front of the line and which ones should be back of the line.
00:25:33.520
I saw an article the other day that, um, the, um, the Neanderthal gene, you know, or however much DNA
00:25:42.800
we got from them might, um, might have something to do with your susceptible susceptibility to some,
00:25:48.720
you know, common, common colds and viruses and stuff. So it's going to be something like that,
00:25:54.160
whether it's. Yeah. I don't know if you, I don't know if there's a single Neanderthal gene. I'm always
00:25:58.480
suspicious of those kinds of correlation. They're too neat, right? Like they make for good headlines.
00:26:03.200
Um, you know, I'm sure there's a baboon gene and there's a squirrel gene in you somewhere,
00:26:07.920
right? Okay. Now have you, have you done your 23 and me or something like that to see if you have
00:26:13.040
any, I've got a little bit. I've got a little bit. I didn't do it for two reasons. Uh, one is those
00:26:17.680
things are incredibly non-actionable. Like they don't actually tell you what to make it any different
00:26:22.640
short of like, don't marry somebody else who's missing the exact same gene. And that's very unlikely.
00:26:27.440
In my case, I'm not going to change my spouse based on that. Um, and the second reason I didn't do
00:26:32.160
those is because, uh, the privacy around them right now is very suspect. They will use that
00:26:37.040
to arrest your second cousin who turns out was a serial killer, um, or was near a murder scene or
00:26:42.320
what have you. So I just don't want my kids, I don't want to get sequenced and sell out my kids' genes
00:26:46.640
in the process. What kind of criminals are you raising there? We'll find out. Yeah. Hopefully smart ones.
00:26:53.520
Yeah. You know, I, I think the whole privacy boat has, uh, that left a long time ago. I mean,
00:27:00.240
I just, you're, you're correct in, uh, in that physical privacy is gone. Uh, there are cameras
00:27:05.840
everywhere and sure. Yeah. Eventually there'll be gene surveillance networks everywhere. So I think
00:27:10.560
physical privacy is dead, but I think digital privacy will be alive and well through encryption.
00:27:15.360
That'll be a very different kind of underground privacy, but well, not for you and me, but you
00:27:20.880
know, the first pseudonymous internet trolls privacy is still around. Yeah, that's right. You know, for,
00:27:27.680
for you and I, we have this weird, uh, future feeling where we know what it's like to not have privacy
00:27:33.680
the way that regular people who don't operate in the public already have. And for me, I don't know,
00:27:40.560
do you ever have any, you're, you roughly have a similar situation to me, which is people will
00:27:46.240
recognize you, especially in the Bay area. Is it ever a problem? Uh, it's inconvenient at times,
00:27:52.480
but I brought it on myself. So it's not, it's not really a problem. I mean, fame, minor fame,
00:27:58.000
being like a B list or a C list celebrity has some slight advantages. Um, but it also has significant
00:28:03.680
disadvantages. Like, you know, it's hard for me to travel to a lawless country anonymously.
00:28:07.680
Uh, so, uh, so there are, there are parts of the world where I just won't go to anymore.
00:28:13.360
Um, overall, I would say for me, the harms outweigh the benefits, but I might just be saying
00:28:20.400
that like, if you took my fame away tomorrow, I might be screaming for it back. It's, it's very
00:28:24.720
hard to say. I don't think, I don't think I'm self-aware enough to know. I would say there's more
00:28:29.440
good than bad. You know, the good is it makes me feel good. Every once in a while, somebody approaches
00:28:34.640
me in the grocery store and I'm usually happy to see them. So yeah, I think I would rather be
00:28:39.120
rich and anonymous than poor and famous, but a lot of times rich and famous go together,
00:28:45.200
poor and anonymous go together. So if I had to choose between those two, yeah, of course I'll
00:28:49.120
take rich and famous over poor and anonymous all day long. So let me, let me ask you, um,
00:28:54.400
this is sort of a psychological question, but it has to do with the coronavirus. Are you doing anything
00:29:00.080
to prepare? Because I think, I think people want to feel that they're doing something
00:29:05.440
and actually doing this, doing this, what we're doing right now is part of what I felt I could do.
00:29:10.800
Like, I feel like I want to help. Yeah. I'm doing something for things for myself to stay healthy,
00:29:15.760
et cetera. Are you doing anything? Yeah. Look, I'm an obsessive, slightly paranoid,
00:29:21.360
heavily paranoid person by nature. So I'm definitely washing my hands till they're dry as raw.
00:29:27.200
Um, there's hand sanitizer everywhere in the house. We even have ingredients to make our own.
00:29:32.000
We do have food stockpiled for a couple of weeks. Um, I have masks, I have gloves, I have all that
00:29:38.720
stuff. Uh, what about, uh, what about sleep and exercise? Cause those are pretty important.
00:29:45.280
Yeah. I've already had a pretty good sleep exercise regimen and it's kind of late to change that. I'm
00:29:49.520
probably taking a lot more vitamin C and a vitamin D than I used to. Uh, I'm not going to the gym. I'm
00:29:54.560
working out outdoors. I'm not going to large public gatherings. Um, I'm working remotely, uh, whenever
00:30:00.400
possible. If there is an uncontrolled outbreak in the Bay area, in other words, if we know that
00:30:05.760
community spread is happening and there are thousands of cases, and I give that actually
00:30:08.960
a pretty reasonable chance because we just haven't been testing. Then we will go into a, a quarantine
00:30:14.960
style lockdown. Like my friends in China were doing where we just stay in the house. We go out only to get
00:30:20.080
food. We spray it down with alcohol, you know, the boxes before we bring it in. And we're just
00:30:25.280
very careful about who we let in and out of the house. I am actually particularly susceptible to
00:30:30.160
getting colds because I'm involved for an equatorial climate. And whenever I'm living in the Bay area,
00:30:35.440
which has a lot of fog and no sunshine, I'm always getting colds and respiratory illnesses.
00:30:40.000
Uh, I'm less worried for my wife and who's younger and, uh, not, uh, of Indian origin. And my kids
00:30:45.920
were just young and not as affected by coronavirus. I'm very worried for my mom. So I basically locked
00:30:50.720
her down her house and I'm sending her deliveries from Amazon. Um, but I'm on the more paranoid side
00:30:55.600
and I have more flexibility than most people. Uh, but I do think that it's, it's worth just watching
00:31:00.880
the stats. And if it looks like there's an uncontrolled outbreak in your area, then you want to be ahead
00:31:05.600
of that game and not behind. I do think having two weeks of food and probably not, you probably don't
00:31:11.200
need water, but food, toilet paper, kind of all the necessities, prescription medicines. That's
00:31:15.520
just common sense. Uh, despite what they say, you should have a mask. Uh, you should just, it's that
00:31:20.720
you need to know how to use it. So go on YouTube and watch the videos on how to use the mask. It's,
00:31:25.040
it's a little disingenuous to say, you don't need a mask, masks are useless. And then saying,
00:31:29.520
please save masks for the healthcare workers. Like both of those things cannot be true.
00:31:34.720
Thank you for saying that. I've been arguing this on Twitter for, for a week.
00:31:38.240
And if nothing else, you wear a mask to protect others in case you have it. So like, I, I would
00:31:43.120
feel more comfortable in a social gathering if everybody else is wearing masks. And so I would
00:31:47.040
do my part by wearing a mask. And you see this in places like China and Hong Kong, where they will
00:31:52.000
not let you enter a store if you're not wearing a mask because you're not doing your bit to protect
00:31:56.960
others. Um, so I think all of those kinds of measures, it's smart to start doing that. And also it
00:32:04.320
takes time to learn how to do these things. These are not like you flip a switch in the next day.
00:32:08.880
You certainly know everything about hygiene and protection and distancing and so on. So I'm
00:32:15.120
viewing this as a dry run. I'm getting my family prepared and ready. And frankly, it's something to
00:32:19.920
do with your time. Right. Uh, and then if the, if it actually arrives, then we're ready for it.
00:32:25.440
Uh, I've, I've been taking a daily walks in the sunshine. I definitely do that. Do, you know,
00:32:32.480
do 45 minutes or an hour and, and I'm doing lighter exercise because if I, if I wear myself out,
00:32:38.960
then I'm actually more susceptible. So I, and I find that when I do my walk, it's such a small,
00:32:44.560
small thing I can do to, you know, make a very small difference in my protection, but I'm doing
00:32:49.840
something. So psychologically I'm now part of the solution instead of a victim and it's a whole
00:32:56.480
different mindset. And I feel like, yeah, bring it on. I, you know, coronavirus or not, I'm going
00:33:02.160
to be ready. I'm going to be as strong as possible. If it happens, it happens. I'm ready.
00:33:07.200
Yeah. I don't think vitamin D supplementation will make up for actual sunlight falling on your skin. So
00:33:12.000
getting sun is really good. Uh, and that's where I'm hoping that the curve will naturally bend as warmer
00:33:18.480
weather arrives. Uh, and when that happens, people are more outdoors. They're less likely to be in
00:33:23.040
indoor gatherings. Uh, the sun itself kills viruses, your vitamin D levels, your immune system stronger,
00:33:28.560
all of those things play in our favor. But what that concerns me is that a vaccine is still at least
00:33:34.560
12 to 18 months away, possibly a longer time, because we've never successfully developed a vaccine
00:33:39.760
for any of the existing six other coronaviruses. So, uh, because a vaccine is pretty far away,
00:33:47.600
we're going to have at least one more wave. And the second wave will start building, let's say around,
00:33:52.160
let's say the weather is a factor and that helps suppress it. Then the second wave starts building in
00:33:56.400
October, November, instead of January, February. And it starts with infected base of hundreds of
00:34:01.600
thousands of people, instead of a few dozen people in the middle of Wuhan. So the second wave could be a
00:34:07.440
lot larger. And in past pandemics, that's usually turned out to be the case.
00:34:10.800
This time, at least we have the advantage that our response will be faster.
00:34:15.680
Our response will be faster. And there'll already be some people in the environment who
00:34:19.600
have limited immunity from previous or similar infections. In fact, one of the pieces of potential
00:34:24.640
good news here is that usually these viruses hit kids pretty hard, but in this case, they're not at
00:34:30.000
all. And so why is that? And the current best hypothesis is that about a quarter of the common colds
00:34:36.080
caused today are actually caused by four circulating coronaviruses that also got released and are
00:34:41.520
endemic in the population. But those four coronaviruses don't hurt you anywhere near the
00:34:46.400
same level. They just cause symptoms of a common cold. And so the theory goes that kids have been getting
00:34:52.000
these at school and so that they already have some natural immunity built up to this one. And if that
00:34:57.840
turns out to be true, that means you could use data and dead virus from those four viruses to help build
00:35:05.040
the vaccine. Well, that would be good news. That would be. It's still pretty unlikely though.
00:35:13.200
Well, I think that the supply lines will stay open because we could lose a lot of workers and we're
00:35:19.040
going to, you know, once you reach that crossover line where the risk of the flu is not as high as
00:35:26.560
the risk of a global economic meltdown. And I think you get to that point really quickly,
00:35:33.360
because an economic meltdown is going to kill far more people than- Yeah, the panic could be worse
00:35:37.600
than the disease for sure. I mean, like, even if you go to a worst case Wuhan style scenario for the
00:35:43.600
whole world, right? Let's say, let's say what happened in Wuhan happens to the entire planet,
00:35:48.160
right? Okay. So unfortunately, you know, a lot of people die, but it's still not enough to like seriously
00:35:54.800
impact like everybody. It's like, you know, 98, 99% of people are still mostly fine. Even the people
00:36:01.120
who end up hospitalized or don't get hospital care, some of them get very sick and die, but
00:36:06.400
the productive capacity economy doesn't really go down. It just have to shift into an indoor remote
00:36:10.960
work kind of economy until we build up enough immunity and vaccines. You're probably not going
00:36:15.680
to have riots in the streets because there's a killer virus. You don't want to gather in the streets,
00:36:20.080
right? It's kind of the opposite of a zombie apocalypse, right? Or in that sense, it is like
00:36:24.640
a zombie apocalypse. Everybody runs and hides, except the zombies are not 98% out there. It's like
00:36:30.640
0.1% and they're dropping dead. They're not like coming out to eat you. So I don't see those kinds of
00:36:37.280
worst case scenarios outside of panics. And the panic is probably not a physical panic. It's more
00:36:42.880
of an economic panic. See, this is exactly why I wanted to talk to you because there are some people
00:36:49.360
who think we're in bad shape and the panic itself can be worse. But if I had to bet my own personal
00:36:58.880
money on it, I would say it's going to be painful and we're going to be okay. Yeah, I think it could be
00:37:05.440
somewhere between relatively painless to very painful, but I think we're fine long-term regardless.
00:37:11.120
I think a year and a half from now, it's a blip. And even stock markets are very forward-looking
00:37:16.560
instruments. You know, stock markets have discounted what's going on, what's going to happen
00:37:19.920
the next 30 years and discount back. So I think the stock market will also be fine. In fact, it's
00:37:26.960
mostly already recovered or at least partially recovered. Well, I think that's a perfect place to
00:37:33.280
stop this conversation. And I hope that was useful to anybody watching this. And thank you.
00:37:41.280
for spending the time. Absolutely. Hope this was useful. It was fun. Thanks, Scott.