00:01:59And, you know, you focus on yourself, your world, how you do things, how you use things.
00:02:03But if you're one of these big tech companies, these hyperscalers, as they're calling, you know, they've given them the term hyperscalers because they're trying to move so quick towards the AI.
00:02:13I think it's because most of the executives have ADHD, but never mind.
00:02:17Yeah. So what they're trying to do is they're trying to get to that big IPO, that billion trillion dollar IPO. And the challenge right now is you're seeing in China and over in Taiwan, the market's softening right now, right? AI is kind of becoming, I hate to say it, a little bit of yesterday's news, right?
00:02:37so yeah they're you know and we're saying you know we got to do it because we got to be competitive1.00
00:02:42with china china's saying well we got to be careful because we can't keep trading on the0.99
00:02:48dream of ai so they're kind of stopping the trading methodologies they're slowing down
00:02:53trading in the marketplace so it's the market's changing and so that's i think what they're
00:03:00alluding to when they talk about a hoax that's what it feels well and also to that point yeah
00:03:05I kind of feel like, okay, Ron, if, if we see, uh, by the way, Ron Coughlin, inventor of AI,
00:03:11if we go, if we see, if we see down the end of the tunnel, very convincing, it's getting better
00:03:19every day. Uh, if we look down the run, you know, at the end of the runway for AI, and if you
00:03:25compared it to like a, uh, a.com bubble burst, if it were, or a real estate burst, you can predict
00:03:32these things several months or even several years out and as you point out if you're trying to get
00:03:37to an ipo you need to lengthen that amount of time and to ask the government to slow you down but
00:03:43leave you in the lead is a good position to be in a very quick favor before we continue a large
00:03:49percentage of you who watch or listen to tpl media every week aren't subscribed yet our simple
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00:04:09there directly it takes just five seconds costs nothing keeps you informed so thank you now back
00:04:16to the show oh yeah for sure for sure well that gives you time to i hate to say it but you can
00:04:23use some scare tactics you can get people nervous and you look at you know they're they're now
00:04:28referring to the british railway and they're referring to the dot-coms and electrification
00:04:34and all the things that happen they're saying they all busted so they all basically bankrupt
00:04:40out before they actually became something yeah well the internet now still exists but you know
00:04:45it's supposed to explode in the year 2000 remember right that's right and and by the way i still have
00:04:51i like puppies.com i haven't made a dime off of it but raised an ipo for 50 mil so that i kind of i
00:04:58get that same feeling from this you know ron let me ask you from sorry yeah from from the perspective
00:05:05of uh technology and and uh a good moment to maybe plug your podcast because you yeah actually uh
00:05:11focus on this yeah so uh on the podcast that i run and what's your story gen ai it looks at
00:05:17how people use ai to make their lives easier to run their companies more efficiently to
00:05:24create content um and to analyze uh their businesses and and their competition i got
00:05:31so excited very fast yeah i got so excited the other day i came running in and i'm like
00:05:35i built a website using chat gpt and i did it's very good i'm very proud of myself but it was
00:05:41this large language model that made it possible so now i ask you this from a technology standpoint
00:05:47in a user standpoint artificial intelligence is an interesting thing i'm not sure that we got that
00:05:54i think what we got was speedier more effective internet search results software integration i
00:06:02think what we got was a booster shot i don't know that we got ai no well i think right now you're
00:06:09you're absolutely right however what the worry is is these machines are learning from themselves
00:06:15And when they start thinking for themselves, and that's what they're scared of, I think, yes, there is something to be concerned at.0.90
00:06:23And also, I always say, and I've heard a number of my guests on a podcast say, it's garbage in, garbage out.
00:06:29So who is ever designing the platform puts biases into it.
00:06:34And those biases can, at times, not be from very honest people.
00:06:39And so then we get a situation which is worrying other people.
00:06:44Yesterday, I had the, or on Saturday, I had the whole family coming over.
00:06:47And so I said to ChatGPT, this seems like a lot of work.
00:06:52Do you think it'd be all right if I said to them that I had COVID?
00:06:54And ChatGPT said, yeah, sounds like a good plan.
00:07:09It wants to be your friend more than it wants anything.
00:07:12yeah so these hyperscalers give you an example of what it's lining up to look like so this is
00:07:17very interesting and thank you liam for putting this together they're going to spend about a
00:07:24trillion dollars in 2026. so amazon's 2 billion microsoft's 190 billion google's 180 billion
00:07:33and meta is up to 140 oracle you know even more so this is what we're looking at so our the trillion
00:07:43dollar mark is on the horizon so they're already way out front on this yeah so now to say oh i have
00:07:51to stop it would be better slow down if they wanted to continue my guess is they would right
00:07:57regardless of whether whether you have someone coming out a whistleblower yeah they would be
00:08:02they would really be pushing to keep going i i don't know that i buy into any of this
00:08:07whistleblowing by the way but for a later moment in the show perhaps but to hyperscale
00:08:13you're right is a major that is a high torque investment yes that involves nations in our case
00:08:21data centers in several places in canada it involves you know huge amounts of capital0.73
00:08:28and uh the executive level of this is taking off with their own personal wealth is ridiculous
00:08:37but now you have it's interesting and now you have public sentiment that's turning
00:08:41so the the interesting thing is you're not in my backyard yeah you have all these people saying no
00:08:46ai data centers i don't want it here canada it's it when you go to a dinner i don't know you know
00:08:53when you're out with your friends on the weekend and you're talking to people that's that's top of
00:08:57mind like you don't even have to ask it do you want a dad what oh no data center here we're
00:09:03gonna fight it they're all like up in arms i don't want my kids have to have a future this
00:09:08reminds me of windmills you know like the yeah yeah this is windmills on steroids that's right
00:09:14you know and and ev cars on steroids frankly you don't even get to have a rational conversation
00:09:20they're already like venting yeah and you're like okay i better go to the next subject so you don't
00:09:24really get past some like you don't get to have rational discussion on this topic which i think
00:09:29also these hyperscalers are starting to realize too they live in our world you know the names i
00:09:35just mentioned they live in our world pretty seamlessly right now they don't get a lot of
00:09:40bad feedback they're very you know basically they we use their tools and we use their programs
00:09:46now all of a sudden people are starting to shift and look and examine who is it
00:09:51um you know and it was interesting so on the weekend I you know I was going to call you but
00:09:57I left I said you know give Mike a day off you think I get days off on the weekend when I was
00:10:02up all night tiling I thought I'm calling Mike at two in the morning but no I didn't right thank
00:10:07you so I appreciate I said I said I was listening to Professor Zhang sorry Nick sorry Nick always
00:10:14gives me a hard time because I listened to Professor Zhang but I come on he's a he's a
00:10:18personality i do like professor jeng and i like him too i do like him and i do like his theories
00:10:23because quite frankly they make my mind think about different things but you know he he really
00:10:28caught me and he was if you get the show with diarist ceo he he really caught me uh on this
00:10:34podcast because he says technology equals specialization times globalization i'm going
00:10:41to give him credit for that explain that to me so he he says only technology can advance if you
00:10:47have globalization. So let's take a microchip or a process, a
00:10:56smart phone semiconductor, right? So it comes from different
00:11:01places. So basically, the software design may start in
00:11:05the US. And then it goes, it comes from Europe as IP. So
00:11:14right so somebody invented it someplace it goes to manufacturing well it doesn't even get to
00:11:19manufacturing yet then materials then they got to collect the materials so whether they get the
00:11:23materials from china the rare earth minerals and then they get the silicone from the united states
00:11:29it all comes together so and then it goes over to say taiwan but then the equipment that actually
00:11:37makes it is from the netherlands the u.s from japan and europe so and these machines that
00:11:43making um these semiconductors are like he he estimates 400 million dollars each so then you
00:11:51have this or 400 million 400 billion or crazy amount of money yeah and so they have come over
00:11:59and they actually make the semiconductors and then those semiconductors go to china to be assembled
00:12:06in the smartphone or in whatever piece of technology we want so it you know we are kind
00:12:14of naive he's making the point that we're a little naive to think that china is the final
00:12:20uh that it's self-sustaining and that it could be the the actual singular departure point
00:12:28for ai exactly so you know he's he's really saying that if you don't have globalization
00:12:34So if the world nationalizes, so, you know, President Trump's and the U.S.'s idea of nationalizing and, you know, Western hemispheres, security, his Monroe Doctrine, so is that if it does take place and if it does solidify like they want it to, globalization will stop and nationalization will start.
00:12:57therefore technology will shift backwards because without each other without the support of multi
00:13:03nations then you'll have to find it all within your own country and then then what it's interesting
00:13:09then any that sounds like something going on south of the border right now it is it very much is it
00:13:14actually sounds to me like russia well but but do you remember germany and i i hate to say but
00:13:20germany during the nazi regime they tried to find the first thing they did is they tried to find
00:13:26all the brightest minds to collect them to to start to create things right they were they0.85
00:13:32they beat on a they went on a huge brain drain you know which is they got the best people they
00:13:38could and they they created it i'm not saying it's like that here but um that was the strategy
00:13:43for world domination so what people tend to do is when things get tough and they think they
00:13:48that they might be going to a nationalistic environment they try to pull the best minds
00:13:53into place because they're going to have to use their own resources to create those things
00:13:57challenge is and it's not that we don't have smart people it's not the world but the world's changed
00:14:04and people are harder to find people are harder to motivate to move shift and i think you know
00:14:10in those times people were simpler if you're nationalizing you're probably not allowed to go
00:14:15to another country exactly so so no matter what how much money you pay them and try to shift them0.97
00:14:21is someone going to leave here and go to like the chinese quite frankly when we talk about the0.99
00:14:26you know they're making those uh semiconductor machines in the netherlands are a bunch of those
00:14:31guys going to move to china probably not you raised a good point earlier before the show you
00:14:35said you know mike enjoy that phone while it lasts yeah i was like what do you mean well
00:14:39well his theory and i think it'll still be there do you think you'll still have that kind of phone
00:14:44or the use of it hey before we go any further please hit the subscribe button right now
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