I'm Caroline, had a Blomberg's World headquarters in New York, and I made Ludlow in San Francisco. This is Bloomberg Technology Caroline. Momentum in technology stocks halted, a big week of earnings, and nervousness also driven by geopolitics, certainly is let's get straight to it ed Coming up, the US China tech tension intensifies the Biden administration waging cutting off Hua away from US suppliers, while the CEO of TikTok
has been called to testify before US lawmakers. Then by do the so called Google of China implementing generative AI into its own search engine. Plus our conversation with Brian Johnson, you must have read the story a forty five year old entrepreneur who has committed to reverse aging. But first geopolitics at play, and let's get to that, one of the most read stories of the Bloomberg Today. Our tech exact of editor Tom Giles hate to break it down
when it comes to the world of China versus US. Really, the theme the tension continues to constantate. Really it feels like and just talk to us about whahwai, Why we're really trying to shut off any supplies from US manufacturers to Huahwei. This is all about isolating Wahwei. This is a company that for years the US US presidents, US federal government has singled out Huawei as being a potential source of a threat to UH to our national security.
There's concerns about what happens with the equipment that we buy from Huawei. There's concerns about US enabling Hahwei to become a bigger and more powerful player with with the components that US companies sell to Huawei. This would be yet another step by the Biden administration to isolate Hahwei, to cut it off from vital US supplies. There's a hardening of stance under Biden even for what it was under President Trump's and President Trump put Huawei on the
nity list. But you could get licenses to do business which US names are impacted by all of this, because there are US tech companies doing business with Huawei, or or at least looking for exceptions. That's right. A lot of the business that we do with the U S businesses to do with Wahwei had already been caught off, but there were still some exceptions for instance, Intel and
qual Calm. To the companies that would be affected by this move, those two companies still sell Intel seals chips for laptops and are made by Wahwei, and Qualcom sales chips that are used in some of the iPhones, some of the phones excuse me, the phones that Wahaway's cells. So you were still having some US companies do business
with Whahwei. This is an instant. This is an example of the Biden administration being under tremendous pressure from Republicans in Congress to stay tough on China and not show signs of letting up, not show anything that the Republicans consider to be a sign of weakness, and then to be tom Of course, this is going into national in terms of the administration looking to the Netherlands to Japan. That was last week's story, wasn't it, trying to get
other countries to put similar tough stances on China. You can't do this alone, even though the U s is a major leader in chip making capabilities technologies. You can't do it alone because an XP, for example, from the Netherlands sells some ship making equipment into China that is highly specialized, highly very technical and very lucrative for an XP and it's a technology that you just cannot replicate easily. China certainly can do it, so the US cannot fully
isolate China. And remember, the US wants to make it hard for China to become a powerhouse in chip making capabilities. This is something that the Chinese have been have fallen behind, the have been behind the US for time memorial. They have made it a commitment. They have made a commitment to spending the money that it takes to become a leader in ship making technology. And the US is saying no way to that. Bloomberg's executive edit of Technology Tom
Giles across that big breaking headline the staff to do. Now, let's dive into the world of TikTok because the CEO show Chew Caroline is going to testify but before the House Energy and Commerce Committee on the company's privacy policies, the impact on children, and the company's relationship with the Communist Party. Want to bring in Alex Brinka on this. Alex, what to expect. You can expect potentially a bit of
a spicy hearing here. This is the very first time that TikTok CEO Shoo Chew will actually be testifying before a committee that's been known in the past for grilling Mark Zuckerberg on the Cambridge Analytical scandal and for really digging in on details around child privacy and around data sharing, and as we've talked about before, the Republicans in Congress are really concerned about the company's connection to China during Chinese parent company, so you can expect question done all
of those things. We also often see in these House committee hearings uh the representatives pushing the executives to make promises, to agree to do things. You can see some questions potentially around cutting off data or around um, you know, putting up some blockades with their Chinese parent company. And it's just remind us where we are because the administration in many ways is meant to be leading this. Cypius
is meant to be leading this. This is meant to be in many ways, you know, a deal with Oracle.
We're all discussing where are we in that timeline. Similar to the Waldby situation, this is another situation where Congressional Republicans are putting a lot of pressure on the Biden administration, who in the background for years has been going through a national security review looking at TikTok, looking at connections with its Chinese parent company that our sources tell us is getting there um, but there were some hiccups with particularly some members of the Department of Justice who are
on the committee, who are not comfortable with some of the concessions of the company was bringing to the table in the negotiations. So it seems like a lot of Republicans in both the Senate and the House are saying, look, we need to wrap this up, or we're going to take this into our own hands. We're gonna introduce bills, which they have done, the first of which will come to a vote to the House Committee on Foreign Affairs next month. Just before this hearing with the CEO going
down to d C Alex. What surprised me and are reporting around this is that it's the first time that TikTok CEO too appears formally in a hearing. We've heard from other executives. He was on stage, of course, earlier in the year with one of our CEDIA leadership or senior editors here at Bloomberg. What do we know about his ability to feel these kinds of questions and basically engage with US lawmakers. Well, he has basically been operating
behind the scenes thus far. My colleague in d C and I wrote a big story last Fault looking at their lobbying efforts, which were kind of behind closed doors. He was down there, he was taking meetings. Now, I'll tell you the company has taken kind of a change in stand We've seen them get pretty loud and much more forward about what they're doing, describing some of the data security policies that they're looking to put in place, and this will really be the first time that he's
up front. We've seen Vanessa Papas, who is the chief operating officer. She has been kind of the de facto face for TikTok here in the US. She did testify at Congress, made a bunch of promises about data security controls, basically tried to put forth a message of unique to trust us that we're not sharing any any information with
the Chinese government. Now, there have been some kind of critical reports over the last month, including the company admitting that some employees of its parent company Byte Dance access the data of US users, including a number of journalists, so that trust has obviously been degraded, which again is probably the reason we're seeing some heightened heat coming out
of DC against this company. Fimberg's atting Spurrinka terrific, repulleting around what is a focus for everyone right now TikTok and whether it's going to have a future here in the United States. Not back to me. In San Francisco, where Twitter made its first interest payment on the twelve point five billion dollars of debt that Elon Musk used to take the company private. Last year, Twitter paid a group of seven banks led by Morgan Stanley roughly three
million dollars, according to sources and Bloomberg calculations. Questions over how the company will pay off its debt remain since they must take over. Twitter has failed to pay millions of dollars in rent, been sued by contractors over unpaid services, and of course auctioned off items not necessarily to raise money. Before the release of chat GPT, many people had been underestimating the progress that AI has been making over the last few years. I actually think the UK is one
of the most interesting places in the world for artificial intelligence. Today. We have to get governments to think about how best to regulate this new, very past emerging industry. A lot of other orange companies are figuring out what are they going to do. Google is the most notable one on our sideline. I think they have bigger regulatory headwinds. People
want regulation for AI, they want to feel safe. Microsoft's ambitions are going to continue to expand far outside of just enterprise software, so there's gonna be a lot of progress over the next couple of years. I think it'll be pretty pretty fun to watch, and we are going to keep on talking about it at the rise of Generative AI, and we know actually quite a lot about the US based work on that front. But this is
an international project, right Yeah. Really fascinating reporting from Bloomberg out of China, and according to a Bloomberg source, by Do is working on something very similar to chat GPT. It was interesting because at one point in Monday session, the US listed shares or a d R s of Biden were up almost two and a half percent. All told, we closed down four tenths of a percent, but there was some kind of momentum behind the stock. Based on
this reporting, we don't know a lot. What we do know is that it could come as soon as March and what by do we do? And remember By does the so called Google of China. But they're planning to embed this artificial intelligence platform into their existing services. And you know, what we know from a design perspective, in terms of capability perspective, is that by dues chat tool or Chat ai would basically give you a conversational response
just like chat GPT is down. But this is really interesting. You and I've been talking a lot in recent weeks about China's move into artificial intelligence, the hype around artificial intelligence here in North America and beyond the Luckily we have just the right person to discuss the hype in AI. Dr Alex Hannah, director of Research at the Distributed Ai
Research Institute. Where should we start. Let's start with that news and China, right, it's not surprising that by you would go ahead and try to work on a chair GPT type product. This thing has taken English langue English language towards by storm um it would make sense. And by do being China's Google, they have the amount of data that it takes actually train one of these very large models. This is a kind of AI model known as a transformer. So by you would naturally go into
that space. It makes something about the height. You are an academic researcher in this field, when you see a name like by Do moving into this space, do you think that they are a credible player? Do you think? Okay, I'm interested in what they're working on here. They're definitely a credible player. I mean, they have mass stores of data.
They are already in so many different spaces. Google's in that space, Microsoft, Facebook and whatnot, And so it makes sense that they're going to take these kinds of technologies and move into the space where they're building these models that can generate language at such a large scale and
take a massive amount of queries. I mean, much has been written over the years about the race in AI between US and China, and many they were thought that China was ahead, particularly when you think of all the language basis, the way in which they have connected devices in the home. I'm interested, Dotana in what about the ethics race here? I have a feeling that many would say the US is thinking about them, But are they
thinking about it quickly enough? Are they thinking about some of the biases that are baked in within artificial intelligence? Are they trying to think and get ahead of that as it starts to take us by store. I think they're trying to find out what's happening. But as we see with chad GPT, when you feed it some kinds of inputs, especially around race and gender, it produces these bias outputs. And this has been shown time and time again.
Since we don't have a lot of visibility into what Baidu is doing, we're not sure what's going to happen there. We've seen their uses of ai B bias against certain ethnic groups like the Weaers UM, so it's not quite we don't know necessarily what kind of biases are going to happen there and how it's going to exacerbate a
few further inequality there. Is it exacerbating racial, gender, class inequality at the moment in the US already or are people managing to tamp down or at least start to learn ensure that that's the models on building that in I think there's a potential for it. Definitely in English language there's less of that possibility just because there's been these issues have been documented by many people before UM.
But as these things are being used in other domains where we don't have a good idea of what kinds of biases maybe baked in, especially when it starts getting away from English language. There's not enough data that really is there, and not enough regulators or legislators focusing on
that to prevent that from happening. Let's talk hype. Well, you know, I think that Caroline and I have gone over with you in the show in recent weeks worries about plagiarism or how aficial intelligence might contribute to inequality across race, gender, but everyone's talking about as ficial intelligence. Nonetheless there's an interest to use it. Does that worry
you or excite you? It does both. It is me because I think the way that we think about artificial intelligence, we think about artificial intelligence as this kind of separate consciousness that is going to emerge as this thing of science fiction. We talked to chat GPT like it is an actual person. But really what it is it is something that's taking existing data and reproducing and patterns that had seen before. UM. But it has a lot of ways in which it could be denerative. It could be helpful.
It could help human flourishing, especially when we're thinking about ways in which language technologies could be useful, especially in places that don't have a lot of good translation. UM. That collaboration could be really fruitful with affected communities. UM. But right now as it is, especially as it's being controlled by players like open Ai, Microsoft and buy Do, it's probably going to reproduce a lot of those inequalities that we've seen before. Go to Hannah, it was interesting.
Is that of course your dare itself just read today I Research Institute. It sort of comes at it from a community t based focus. You're trying to move away from what is called in your website big text pervasive influence. What about the startup the seeds scene, the smaller players within AI that are building something really exciting. We talk a lot about open ai and Microsoft. We know the power that alphabet has within the realm of AI. Who else is doing this on a smaller scale but with
really interesting outcomes. We've seen this less, i'd say, on the seed scene at least for what we see the major players feeding, especially in venture capital in the US. But we've definitely seen projects like Massa Kani, which is a collective of African researchers using AI for machine translation on the continent also lesson AI who's one of their fellows, ashmalash Uh Techtile works with us and doing machine translation and automatic speech recognition for some some languages that are
less represented. And so the more and more we see AI being done with community players as a means of sourcing groups that are have been less resource I think those have been some really exciting uses and deployments of AI. UM. I think there's a push to rush towards doing things
that big tech is doing is doing. We've actually seen a mass exodus from places like Google where people have gone ahead and start to try to develop these large language models, but it tends to be in English, and it tends to be in a way that's going to attract the most eyes from vcs, in ways that they're going to get the most investment. So UM, these community based projects I think are really interesting. Just quickly mass exodus,
can you quantify that? I don't have the numbers off the top of my head, but I did see a story about something like thirty researchers that were coming from Google Brain, which is an organization that I came from, had left the company since I want to say, in the past two years, UM mostly to found things that we're focused on AI language technologies and they're afforded that kind of nimble nimbleness and going into the startup space, they can get that seed funding, they can kind of
produce a produd that might be quicker to market than a place like Google that is a little slower to react in those In those cases, Dr Alex Hannah, thank you for your time, Director of Research and the Distributed AI Research Institute. Great to have you in the studio. Meanwhile, coming up the ev price wars and building up forward now slashing one of its own prices following Tesla. More
on that, it said, sweet Spot, it's a bloomberg. Is this the start of an evy price wark Ford is now cutting prices in the US on the Electric Mustange Marquee. The move is meant to counter Tesla's price cuts earlier this month, which were is the and according to Elon Musk, that did spur new demand for Tesla. Now across all of Ford's Marquee versions, it's an average trim of dollars, but the more significant cuts are on the most expensive visions. The g T Extended Range, for example, drops to start
at sixty three. The move brings the Marquis in line with new caps on EV prices, which qualify for a federal tax credit of up to seventy dollars under the Inflation Reduction Act. Ford's also offering discounted financing rates as low as five point three. Now, last year, Ford was the number two e V seller in the US, but that was way behind Tesla, which controls almost two thirds of the market. As always your first and foremost with all this sort of news and and just talk to
us about why Ford is doing this. Of course, many would say it's because of the Tesla response. Some would say it's actually to try and make it more available to certain subsidies. Right, Yeah, I think a number of analysts are saying this is just a response to Tesla. But my point in that pieces while they're cutting prices where the vehicles already most expensive, which would give evidence that they're trying to make them eligible for this seventy
dollar tax credit and take advantage of that. So it's an interesting one. But Ford kind of talks a big game right about how demand is outweighing their ability to supply right now because they didn't build that many of them last year and So to that point, I mean, what's interesting in the story. It shows that this was sort of already a loss making type of car anyway.
So ultimately, are they just deciding to take a hit to margin where necessary on certain types of one about the rest of the EV vehicles that they want to be coming out with. Yes, So, so Ford had planned for the Marquees to be profitable from unit one. That just didn't happen. It's unprofitable because of rising input costs commodities. But their plan now ramp up volume production, make more of them and improve margins to offset these price cuts. Heard that before, what is it? It seems to be
volumes over margins at the moment. Over at Tesla's the way to go? Did you get a video gamer Christmas? If so, whoever gives you to debts got off? Cheap Prices for game storys and hobbies fell four eight percent in the year to December. That's mostly due to cheaper computer games, according to the UK Office for National Statistics. So what happened in December? Three things. First, a lack
of releases in twenty twenty two. New games tend to be more expensive, so since there weren't that many hot pricey launches, people simply had more discounted titles to choose from. To be fair, there were a few new games in December, but none of them made it to the top of the charts. For example, the latest Need for Speed was the best performing in fourteenth place, but sales for the
first five weeks were fourty percent lower than twenty nine version. Second, holiday discounts gaming companies ren their typical Black Friday and Christmas deals, toper sales for existing games. Look at FIFA twenty three to top game in December in the UK, which was discounted as much as seventy percent. And Third, despite cheaper prices, fewer people were buying games. It looks like quality, not price, is keen even in the cost of living crisis. So does that mean video games are
getting cheaper? Well, the short douser is probably not. Two was a corrective year after two exceptional years of lockdown fueled growth for the entire gaming industry, so prices will probably rise again. That's, of course, if all launches go as planned. That was quick takes Arena and how so let's stick with gaming news. Caroline Meta reported to have
cut contracts with at least two hundred gaming creators. According to the information, Meta ended the relationships in the second half of two and also cut contracts with streamers who weren't successful building an audience. The Information said, citing a META spokesperson, It's also a big week for the giants of the industry, with Electronic Arts e A reporting earnings Tuesday, and we get a read out on PlayStation demand when
japan Sony reports numbers on When's day. So let's get into it with Josh Chapman, co founder and managing partner at Convoy and early stage gaming investment firm recently launched a one d and fifty million new funds which will take in assets under management to around two million dollars. And you're out with a new report on the state of the gaming industry. See see how much is going
on right now Josh in the world of gaming. I think what's interesting for me is that the conclusion of your report is that there is a pathway to growth here. Talk us through what you found, absolutely and thank you again for having me on the show. So where we noticed in two is essentially three things. One is that gaming investment is up about two x where it was pre pandemic levels. So gaming investment is increasing while the industry,
as your great segment just showed, continues to increase. The second thing we noticed that that there's about forty five billion dollars in cash sitting on the corporate balance She's of gaming companies today, creating an incredibly healthy gaming in a environment. The third thing that we're noticing is given. As you all well know that the I p O markets are closed, late stage investing in the gaming market has slowed almost to a grinding halt, while early stage
continues to grow. As you see in this chart, gaming will continue to grow and is expected to continue to grow over the next five years. We had a report last year that showed that gaming over the last two recessions was incredibly resilient. So no matter where we're at right now, we think that will continue to thrive as an industry. Josh, I'm interested to go back to the consolidation point. There's a lot of cash on balance sheets, but there's also a lot of regulation about where that
cash is put to work. We just think about microstos often activision. Is that deal going to go through? Does that matter? Do we see more waves of this? Absolutely so the FTC is absolutely during their job and trying to protect the gaming market. Our opinion is that there objections to this M and A acquisition is actually unfounded. One it's based on what might happen and not what is happening, and that's a really key thing to highlight here.
We think this acquisition should go through. We think it will go through. We believe that this is absolutely a fair acquisition. You know, it's worth highlighting the post acquisition, the gaming revenue to Microsoft would be around twenty one billion dollars. That would be about eleven percent of the entire gaming market. But right now Sony makes about eighteen billion in the market, and there's actually a lot of
competitors there in that similar range. So we think the FTC is worried about what might happen, and we think that sets a very dangerous precedent for M and A across not only gaming, but broader entertainment and i P in general. So we think this should go through. We think it will go through after it gets through all
the objections. But certainly an intense environment order entertainment is an interesting one because we know that Netflix has been making eyes at the view of getting into gaming mall, and we've seen it is evident these are sort of companies that stop picking off interesting companies and what kinds of companies do you see this consolidation occurring in absolutely questions?
So Netflix is actively building out of games business. Basically, this is in reaction to the fact that passive entertainment is losing out to interactive entertainment. Passive entertainment, which is one way like Hulu or HBO Go or Netflix, is losing out to to interactive entertainment, which gaming has been a professional app for fifty years. So this interactive entertainment is where a lot of groups like Netflix and Amazon and Google are moving towards. You're even gonna see Disney
eventually enter the space in a much bigger way. I think that a lot of the cash on the balance sheet of broader tech companies is not only going to compete, but likely entering new ways into the gaming industry alongside the active forty five billion in cash that gaming companies like the traditional ones like Activision, Blizzard, and Nintendo have. It's interesting because you cite those numbers in your report, right you look at the cash some of the mega
cat tech companies have and the conclusion your drawers. There's still a healthy M and A environment. And yet Caroline and I are here waiting every day for some updates around activision Microsoft. Will it happen, won't it happen? What will the regulators do? Do you think it will happen? I do? I do In the short that I do, and the reason why it is because the objections are based on the theoretical of what might happen in the future.
I don't think that's gonna win out in court. I think it's that's a dangerous precedent for future M and A across all of entertainment, not just gaming, of well, we might become a monopoly, so therefore we should stop this M and A. The FTC later could retroactively, if their fears become realized, can step back in and and try to slap the hand of Microsoft and say hey, you need to vest or you need to separate. So they could always step in later if their fears are realized.
But right now it's a really tricky environment and it would set a weird precedent across all of the FTCs. Scrutiny of different markets. Okay, Josh, your funds your new ones where is then ripe to invest. There's essentially gonna be a few areas that a lot of hype is going to be generated around AI, so around gaming. One of those these artificial intelligence people are talking about artificial intelligence that's going to make the creation process much easier.
We think that is absolutely gonna play out, but it will be very tricky how this is gonna exactly gonna play out from a tech standpoint, and whether it will be investiable to build billion dollar companies so question mark, But that will be investment. The second is Web three. People are waiting for Web three and blockchain technology to really provide a monetization addition to the gaming industry in the same way that we saw free to play back
in the emergence of mobile. The third is probably gonna be around you know, new marketplace dynamics and in the virtual reality space. So as virtual reality continues to be adopted, I think they'll be continued investment. Some of the areas that we're most excited about as a firm is things around the intersection of gaming and education, gaming and healthcare and gaming and UH and VR. That's really kind of
where we're seeing a lot of exciting opportunities. All right, Josh Chatten and Convoy, how you founder and managing partner Caroline, Those that I've been wanting to have this conversation for weeks months, purely about video gaming. Let's talk again in a few months time and see how it goes now from video gaming to my other passion, streaming. Paramount has announced that Showtime will merge with its Paramount Plus service.
The merge will be across both linear and streaming platforms, resulting in a rebranding of the pay TV channel to Paramount Plus with Showtime bit of a mouthful. The updated offerings and Showtime name change will launch later and only affect the premium tier of Paramount Plus and the Showtime linear network in the US. Carrow. Meanwhile, we've got to talk a little bit about well, maybe both of our passions, Crypto, bitcoin and the entire digital asset class. They're having their
best start for the year in a decade. Visit blom Bug so far jumped Monday after announcing plans to reach profitability in three shares searched off to the company posted record revenue across all three business segments lending, technology, platform and financial services. Bloom Bagsnali Bastic discussed all of those results with so far Ceo Antony note earlier it's really a reflection of our strategy coming to Fruition. UM. We're building a digital platform where members can come and do
all their financial business with us. We're helping our members borrow better, say better, spend better, protect and invest better. And that one stop shop approach has allowed us to develop a diversified business where in certain markets, UM, some businesses can do well off setting others. And that's what you see today, really strong growth in our checking saves accounts business, which is helping drive our deposits, and we're reading those deposits of fun loans that we're getting good
returns on a good credit performance. And then we're also continuing to see great growth in our invest business as well as credit card business. So it's all of this more. You told me a little earlier today that you're looking to be the biggest in the country when it comes to checking and savings. Who are you really competing with and is there anywhere in particular you're gaining share? Uh
name names here? Who are you competing with? Sure we are we have aspirations to be the biggest in each each of our business checking savings account is one where we're currently winning share from the large um you know, most well known banks in the United States. Uh. The growth that we're seeing there is not just strong and absolute number, but also high in quality. Of our deposits are from direct deposit. Customers were attracting them because we're
giving them an unprecedented value proposition. We're giving two point five percent interest on checking, which is significantly higher than others. We also have complete functionality on your phone. You can pay with your phone, you can do person of person payments, you can use debor transactions UM and we give you rewards for activities within checking and say things no fees,
free overdraft and free roundups. And you're remember at so far and get all the rest of our benefits on savings on savings what were offering three percent later this week, up from two point five percent. So it's a really unmatched value proposition and that's helping us win share and drive really high quality members with great stickiness because of the direct depositive Anthony three is significant based on what you're seeing out there in the market. Do you think
it's problematic? I know you gain share as other rates are lower. But do you think it's problematic that the banks are not really passing on those rates to their clients. Um, we have a structural advantage. We have both a lower cost of capital now lower cost of funding because we have UM the bank license, but we also lend UH those deposits, and so when we have deposits coming in at two and a half or three and a half percent, we're letting them out at a much higher percentage, and
that's driving economic value for us. If another bank is driving deposits but they're not lending, and many of them do not lend UM, then they're not getting a return UH and those deposit gains and they'll have lower return inequity. And so we have a great combination of businesses where that those deposits can be used to drive higher are we and that's what we look maximize. That was so far CEO and C note and meanwhile carry things are
actually looking up to crypto's largest asset. Yeah. Remember so far has been trying to get into the crypto wave a little bit as well, and maybe the wave is coming back Bitcoin. Just check out the o g of the crypto space. Best January in fact, ut in thirty days. Look, it's more base the rally and virtual coins like they managed to pump through some of the fallout and the collapse of sam Bagmen, freeds, f t X. We know
that of course they managed to shake off. The latest news in Genesis you can see lit the smaller coins to Selana hundred percent. That's called actually infinity to do with the gaming up so many some percent the central and look it's still at point seven three five, but that's up almost a hundred and fifty. So two hundred eighty billion dollars is about how much digital assets have climbed over the course of January. Yeah, and there's an
element of inevitability. But it's not just the digital assets themselves, blockchain or crypto related stocks also on the end since the fd X fiasco. I mean, when you talk about correlation, there's no sort of higher degree of correlation between cryptocurrencies and the stocks whose companies only do crypto related underlying technology or the assets themselves. Well said, though correlation, these are risk assets, and indeed the risk universe has been
going higher. We've seen the NASDAC outperformed too, but it's notable they really have managed to come back. Look, it's no secret that people are willing to spend big on their health and Lebron James spends up with one and a half million dollars per year on his body. Tom Brady invest in what he sees as age defying supplements, but their health routines look like child's play compared to one.
Brian Johnson, the tech entrepreneur behind braintreing payment solutions, He's got thirty doctors and health experts monitoring is every bodily function while following an extremely stringent daily routine, which he calls the Blueprint. Forty five years old, Johnson says he's slowed his space of aging by and managed to reduce his biological age by five years already. He's on track to spend the two million on his efforts this year.
Johnny asked to discuss the Blueprint. CEO, the founder of Brian Johnson, Wow, I mean, tell us, what effects have you seen so far? It was pretty remarkable. We didn't really know what to expect when we started. At the five point one year age reversal for epigenetics was interesting, and then slowing the speed of aging by twenty was
something that we found really exciting. It's it's probably exceeded our expectations when we say stringent one thousand, seventy seven vegan calories a day, two dozen supplements and medicines, exercise an hour day plus high intensity, three times a week's sleep at the same time every night after two hours of wearing glasses and block blue light. I don't think I particularly want thirty three thousand images of my bowels, But you were doing this for for another reason, a purpose.
Where does this go in terms of next stage therapies? The idea behind the project was if you could measure all seventy plus organs of your body and enable each organ to speak your heart and lungs and liver and pecreas and express what they need to be in an ideal state, and then take those needs, look at gold standard scientific evidence, and then create a protocol. And I've
agreed to go through that process. And so we make hundreds of measurements my body every few months, and we just references the scientific literature, and we do this again and again, and we try to fine tune it. And so we're trying to basically create the perfect diet and
health protocol. And so I've spent millions of dollars developing this with world class group of scientists and doctors, and I've made it all available for others at no cost, that people can implement it, improve upon it, they can record their own data. It's really meant to push the entire field forward. Well, and that's that's the point. I'm fascinated by the reaction. We've been showing your morning routine on the screen. You'll exercise your calorie targets, be fair,
it's not that much differ in the mind. And yeah, I'm definitely aging quickly. But do you sympathize with the reaction to this story that actually, for most everyday people, this is not a reality, This is not an accessible method of reversing the the effects of aging. I absolutely do, And I mean it really started when I was in a pretty bad situation. I was I'd had chronic depression for a decade. I tried everything to fix it, and
I was feeling hopeless. And there was one particular version of myself and I playfully referred to him as evening Brian. Seven PM. Brian would roll around and the day's stress would be very heavy, and he would inevitably eat too much food or the wrong food, and then that would cause poor sleep, and it would cause the next morning feeling groggy and I'd be overweight. And so one day playfully, I said, evening, Brian is fired. From five pm to nine pm or ten pm. This version of myself has
no authority to decide if he's going to eat. And it was the first time I really understood me as different versions of myself. And so while I do understand that the protocol I have now is pretty daunting for most people, the basic principle I think is true for everybody. We all have these versions inside of us where we commit the self destructive behavior, and we do so again and again, and oftentimes some of the biggest gains can
be made if we just stop someone's more self destructive behaviors. Brian, we are so our audience what they were willing to do to achieve longevity. I suppose if you're not thinking about aging in reverse, and this is what they had to say, pretty split. You know, a third of respondents all my money, and so don't you laugh, and then you know thirty six percent nothing Yolo, I think actually again touches on this in this story about how doctors praised you for what you've done, but actually for the
everyday person, it's not achievable. What of all the things that you did are the simplest that you felt This is an easy change that has really helped me. Yeah, I mean, first of all, the expectation of blueprint is not that the individual person is going to be able to do all these things. The objective is to show that if this protocol is in lamented, you can achieve remarkable results in slowing the rate of aging and reversing aging.
And then if that's the case, it really is a contemplation I find interesting is could we do this as a society, make the standard where we don't ask people to go out and navigate McDonald's and algorithms are trying to addict them and every everywhere they turn. And so this is really about trying to create change, a change in society. But for the basic simple things people can do.
Prioritize sleep, eat more vegetable nuts and berries, and stop self destructive behaviors and you're off to a pretty good start. Ron Johnson have found a come back. Tell us how it's all still going? That does it? From this edition of Bling Bag Technology and Yeah Tuesday, nekal CEO, you don't want to miss it. A big sit down for us. This is bloom Bag
