00:00:55.200Come on, man. I want to see more than that.
00:00:57.600Don't tease me with something like this.
00:01:00.000Two months after Anthropic rolled out Mythos to a limited number of users, citing concerns about the artificial intelligence model potential to do damage in the wrong hands,
00:01:09.680the company said it is ready to release an equally powerful model to the public.
00:01:14.060Anthropic announced Claude Fable 5, a Mythos-class model that will be available to enterprise customers and paid subscribers.
00:01:20.940The company said the broader release is possible because of the new safeguard that block responses on specific high-risk areas, including cybersecurity and biology.
00:01:31.760Tom, why is this such a big deal, Fable 5?
00:01:33.860So I think what's happening is two things.
00:01:38.840One is they had to put a bunch of guardrails around it because when they released certain things, they did a private release and they did a public release.
00:01:48.000And in the private lease, they talked about safety.
00:01:50.740They talked about some guardrails they were going to put around it.
00:01:53.660But they seemed to be chasing anthropic.
00:01:56.000People were like, well, you seem to be chasing.
00:01:57.780And most people that have looked at it, I kept seeing this phrase called step change.
00:02:04.120What a step change is is when you're like you get like a big software upgrade on your Apple phone.
00:04:13.800But I think that what a lot of folks already are talking about is Fable.
00:04:16.860Now, the second example I'm going to use is Sylvia.
00:04:18.360So for those that don't know, Sylvia is an AI CFO that we've built.
00:04:21.580We've got thousands of multimillionaires that are on this thing.
00:04:24.220And what we see using this product is when we upgrade the model, people start asking more questions.
00:04:29.800Now, what I think is most interesting about this is when you come in here, you are attaching your bank account, your brokerage, your crypto account, your credit cards, real estate, cars, collectibles, et cetera.
00:04:38.600And then you are talking to a model with the context of your personal portfolio.
00:04:42.500So if you go to Fable or you go to ChatGPT and you say, hey, listen, help me get my tax rate down, it doesn't know anything about your finances.
00:04:49.800But when you combine the power of these AI models with the persistent context of your portfolio, it becomes really powerful.
00:04:56.140So we've actually seen people go from asking six questions a week to now more than 15 questions per week.
00:05:25.780Because people are on Sylvia asking two times more questions.
00:05:29.360And no matter how much we work to get the cost and the efficiency of token consumption, et cetera, down, people want intelligence.
00:05:35.880And so what I go back to is whether it's Todd, whether it's Sylvia, what is the thing that people have run around the world for years now trying to do?
00:05:43.920They're trying to find the smartest people to come work for their business.
00:05:46.720They're smart people to help them with their finances, the smartest people to help them with their health, with whatever the thing is that they've got going on.
00:08:34.680Well, if you go to a financial advisor, most of them are doing the best job that they can, but they have 110 clients.
00:08:39.980And so when you're calling and you're saying, what do I do?
00:08:42.140They got a model portfolio that came down from the home office, right?
00:08:45.020Maybe they go and they look in your portfolio, but they don't have time to go and customize every single thing for every single client.
00:08:50.140When you use AI, now you get personalized insights to every single question that you have based on your personal portfolio, the current events, et cetera.
00:08:58.380And so what we see is that people who regularly use Sylvia, they have grown on average their net worth between 16% and 40% over the last six months.
00:09:06.240So they're outperforming the market, and people are like, oh, that's amazing.
00:09:09.240Well, it makes sense because these people are naturally, they're inclined, they're measuring their wealth, they're paying attention, they're asking questions, they're involved, but also they have personalized one-on-one answers.
00:09:21.740Yeah, I mean, this is going to cause a lot of people to be displaced, but also cause an economic boom.
00:09:28.540I mean, like the hockey stick growth that it could cause.
00:09:30.760I mean, the paper I put out the other day with when AI writes itself, it says that 80% of Claude's code has been written by AI this past year, up from 20% last year.
00:09:40.240So, like, you know, the exponential compound effect of that, I mean, it's starting to be like things that we can't even imagine are being created.
00:09:46.420Like, you know, in 2022, we couldn't imagine what ChatGPT could do.
00:09:50.000And then that comes out, blows our mind.
00:09:51.360Then, you know, we just show with them the diagnostic for the customer on the call being diagnosed right away.
00:09:57.240So we couldn't have imagined that, you know, a couple months ago.
00:10:00.160So what's it going to look like in a year or two from now?