Everybody, Peter D Man is here and welcome to our next episode of exponential wisdom. I'm here with my dear friend and coach. And fellow birthday person. He's a main night Torres Yeah. Very, very rock solid tourist. He's May nineteenth on On May twentieth, so Happy be birthday down. Thank you. And I wanna talk about what we heard in with open Eyes. P400 standing for Omni, and Google Ios announcements, back to back, literally day to day
back to back. But more than that, before we go into, I wanna talk about the speed of change because I just had a conversation, I was on stage at an event. For 3000 people in Las vegas, I guess, yesterday, and then a small executive summary. And and the conversation it with the executive leaders at that summit where people were just fearful about how fast things are changing and their ability to keep up with it. I've written about this in my various books.
I liken it to the asteroid hitting the earth 65000000 years ago, and the disruptive change the environment is so rapid and so fast that the slow lumber dinosaurs are unable to adopt and they die. Mh. And it's only to furry little mammals that are agile that are able to adapt, and they ultimately dominate and they become us. And so the asteroid striking the earth today is exponential tac. It's fundamentally driven by Ai. And I'm fearful... I think, ultimately, Ai is gonna be the
greatest gift humanity ever gets. Mh. And it's gonna uplift humanity. But there are a lot of people who... Their heads are gonna spin. Mh. And I think human nature is 1 where people like, waking up in the morning, and knowing that the world is the same as it was when they went to sleep, whether they live in a good or bad place. Mh. Consistency makes people feel reasonably happy. Do agree with that? Well, first of all, I picked the answer is drugs. What kind of drugs?
Anything that makes you not notice the acceleration. Anyway, no, that's just a joke. I don't want anybody spreading rumors about me. Anyway, but... It has to do with what your own personal vision is. I think, you know, Both us deal with entrepreneurs? Yes. I remember your first workshop when he came to coach, and the first thing I asked you at what age are you going to die, Peter? You put a long number out there. I did many hundreds of years out there. Yeah. And I said, well, that's cool.
And what it does, the longer your view the less current than moment change really bothers you because when you have a sense of your, a long lifetime, It's like, for minus is 01:56, and it's been that way since 19 87. So that hasn't changed. I will ask you when you're 01:55. Yeah. But first of all, we don't have too many people who live longer than 01:20 because of the hay like barrier. You know, the number of times that the cells in your body reproduce, which is 50.
I was told by Peter Dia monte, does every platinum trip that you take? You say, how many times does the yes cells of the home body reproduce? And who's the first hand up? Day on sell? You always remember, yes, Cells basically divide 50 times. And at the end of the 50 times, they can become 1 of... 3 things, Dan. Do you remember what that is? The. Sun cells. Keep going. They the decency to die? Yeah. Or the third thing. If they're not sen sn and they're not dead. Cancer is. Cancer.
Yes. And you don't want cancer. Yeah. But that's... A longevity conversation, and I'm focusing. But I find, you know, that all the coach clients, they have 25 or 30 year extensions of where they thought they would be as an entrepreneur. So I have people, you know, not too many, but I have some people in the eighties who think they're gonna work through till a hundred. And that actually slows things down the longer your vision. But a lot of people, they don't have more than a 24 hour vision.
You know, of where their life is. For example, of, 1 of the contributing factors to inner city crime, you know, with young people being criminals is that they actually, don't believe if they do something bad, they can't get in trouble in 24 hours. Okay? So their whole sense of the future is very, very immediate. Now. K? And, you know, legality and ethics and morality are really based on having a long view of the consequences of your present actions. You know, that's what
makes us moral. If I do this, it's gonna cause me trouble 10 years from now. That takes a long view. But here, I'm gonna ask you a question. We've been working together now since 2011, and I don't see too much difference in what you do. Than what you were doing in 2011, except you're not doing red ice as much. Yes. Are you talking about from a... You had x price, and you have x price. I think the activity of x price is probably predictable 15, 20 years in the future.
Know. You have a 03:60, and I think that what you singularity and button 03:60 came out of singularity and you. Yeah. And then I think my longevity businesses have increased in scope. I, you know, I've started 2 venture funds. And buys. You moved from about 5 miles by my ripen. You've moved about 5 miles away from where you lived when I first met you to where you live now. Yeah. You're still in Santa Monica, better section. There
is momentum. Yeah. You know, I've moved out of this space world more into longevity and Ai, But I'm still operating 24 7 driven by my Mt p's and my passions. Yeah. Yeah. My business model is any different in 2024 than it was in 19 89. Mh. You know, it's still entrepreneurs. It's still workshops. But do you think that there is gonna be... You know, I opened up with a conversation of disruption and agility.
Right? So as Ai... Does begin to do things like, you know, 1 of my chief a officers, Steve Brown, you met him you know, we've been building out a visions steve you've had of a, basically Ai University, Where the greatest thinkers of all time are teaching you from the Western books. Right? So we're gonna reinvent how we educate people. Phone life is very rapidly bringing Ai into everything it's doing, and we're gonna reinvent how we diagnose and treat people.
There's gonna be an increased efficiency in every business. But people have fear because they fear disruption. Do you think they're not gonna be disrupted? Yeah. Well, it's kind of interesting. That people at cherry picked the past when things were changing and they said, there's massive amount of change. But, you know, I went through a fair amount of change. Because change is all relative to the way things were last year or what you're looking forward to. Mh. Actually, I missed
the big change. I wasn't a baby boomer. Okay. You know, I'm 2 years before the baby boom, And I just have nothing but opportunity because my generation was this first generation that was smaller than the previous generation in Us history. So my generation is 28 to 46 according to most people's reckoning. And they had built up the school system for many more to students and I came along, and you had everything. Teachers gave you any amount of attention that you wanted. I went into the job market.
Has just been nonstop abundance by whole life just because of when I was born. So you can see right now that generation z are your children? They're 13 next months, you know, they're 20 11 kids. I don't actually know what the dm market... I don't know, but See, I think things are actually gonna slow down from 1 perspective, which is that we just are seeing the retirement, of the biggest generation that the United States is ever gonna have. The generation of the boomers is the biggest.
And part of the contributing factor, to inflation, I think is that people who are very skilled at running systems for 40 years and teamwork systems are now leaving you see it in the airline industry, especially the pilots aren't veteran pilots, the cabin crew are not veteran people. And the way things get done only about 20 percent of it can be written down in a rule book. The rest of it is just vast ex experience. You know, you've been in this situation you've been in that...
But that's perfect for Ai to learn. Yeah. Right? Ai can observe and pick up and learn and training datasets sets by just listening and watching. Yeah. And it does really well. Yeah. I think it's gonna be fantastic at the skilled trade levels. Where you can train somebody in a a trained skill. You, for example, a, you know, not mechanic with Ai, and the goggles, it's augmented reality, and they run you through every day you take an engine apart and put it together
just following the Ai. And then after 2 weeks, you can do it without the goggles, you know, and everything else. So my sense is that it takes time 2 to actually do things because you can have a hundred percent of human beings unemployed by robots. Okay. I think the amount of capital that's gonna be involved for all this new technology is actually gonna go down. I disagree. I think we're continuously to massive
investments. I mean, I have my team at family office events in London this week for my Ai fund and the amount of capital out of the traditional family offices, sort of the wealth base of the world looking to invest in Ai is No. I agree with you that it's flowing into certain sectors. Yep. Okay. But the baby boom generation is no longer investing in new things.
They're pulling money out of the system after 65. 1 of the things I find fascinating is that the most advanced technologies we're seeing in the form of you know, open Ai and Google and philanthropic per complexity. And so forth... They're all 3. Right? I mean, that's an amazing notion that the most advanced tech out there is made available free for people. Yeah. Which means that people aren't making a lot of
money on it. Yeah. The business models are freemium business models, but I'm not sure they've got the back ends figured out yet. No. That's the... That's a little bit scary. Yeah. Can I ask you a question? My perception since I've talked to you? About technology. Yes. As those large amounts, I'll just use Silicon Valley because technology is happening everywhere. And now Silicon Valley seems to me looking more and more like Las Vegas. Okay? Oh so. There's a house. And it's early investors.
Okay. So it's not betting on the invention. It's a betting on the bet. Say that again. What do you mean? Well, what I noticed is that a a lot of the bedding, you know, for technology is I'm the bed. Itself to be in early and get out quick. That's Las Vegas. Yep. I can see that. Right? I can see that people are getting in during the inflationary hype period. Yeah. And then they're getting out. When stupid money follows. Yep. Yep. Yeah. I mean, the guy who just got sentenced to 20 years in prison.
Yeah. Sam Ben. Right? Say, you know, and everything else, but people were betting on the bed. They weren't actually betting on something useful. Yeah. I'm not saying that that's not part of the system. I think that's part of the system. Okay. I'm just saying, but it's not productive. This is what's going on in meme coins. Right? All of the cryptocurrency, like Do coin
and the equivalents, which have no utility. They're just people are betting that this particular meme is gonna increase in value because everybody. It's a po scheme in that regard that's the We wanna go. Let's talk about the following. Yeah. You are at the abundant summit, and you heard the conversation about digital super intelligence. Right? Elon was there saying, we're gonna... See a hundred x in the next year, you know, never seen anything going as rapidly
at this. We had Ray K and Eric Schmidt and, you know, see the conversation turned to the idea that we're gonna have not just artificial general intelligence, human level Ai, and Gl 3, just got clocked at an iq of 01:01,
which is above average. Right? And then Gp 4 0 came in above clause 3, and x ai, I'd never bet against Elon is gonna be, you know, G is gonna be coming out over the next year, G 2 dot o. And the notion is we may have Ai as intelligent as the entire human race in the next 4 or 5 years. Yeah. Well, I don't know what that means, so. How would you know if it even happened. Where would it show Let me describe a scenario and you tell me... How you think the world reacts. So.
Here we go. There is an Ai that you can speak to in natural language like we just did. We me having the same exact conversation we're having, And I can say, can you go research this for me and come back with the data? And generate the most cog argument. You know, it's going for my wish to a material. Can you go and create a website and a marketing plan and launch this product and start selling this product. And all of a sudden it's make a wish and have it materialized.
You can say I need a drug that is specifically for my disease. Go and model it. We come back with that. Mh. The best example came out of the opening talk in which the notion was a new content called Ai Was just discovered with a hundred million graduate students. Who will work effectively for free for just the price of if he wants to power.
Where you have unlimited intelligence able to put together a series of actions and accomplish whatever you ask, it's like, having a a thousand employee organization without having Hr issues and where it efficiently does your work. So what's that world look like if we really have that level of digital super intelligence? Well, what do you do it tomorrow? I mean, if you can do that today, what do you do tomorrow that's different? I mean, at some point, you gotta focus on something and work on it?
You do... I think 1 of the questions becomes if everything becomes so easy, is there going to be challenged. We humans need challenges. We need purpose. Well, humans is a theory. You know, we don't experience humanity. I experienced Peter. I, you know, Yeah. I believe in Dunbar law, we have emotional capacity, not more than a hundred and 50 papers version people. First of all, I think a lot of the people that you have want somebody to bet on their guests.
Sure. Yep. The future is guesses and vets. It's not just guesses and bets it's also taking action towards implementation. Yep. Yeah. You know, I have a goal for my hundredth birthday. That the asset value of all the strategic coach clients active at that time is about 10000 we have 2700 right now. But in 20 years, there's natural growth rates will be about 10000. And the asset value of their Ip will be 15000000000000 dollars. Mh. So I just put that goal out there, and then I think
about it every day. So my sense is that be change is only meaningful if it's changed in the direction of your long term plans. That's how I look at it. I've got a model it just reproduce itself every year. Okay? And what's based on is in person communication, People really love in person communication They love being with other human beings. They love the brakes. They love going out. And 1 of the things I'm struck by.
With a lot of the Ai people that I see on Youtube and everything else, they don't have very good grasp with human intelligence. And what I mean is they take that it's about information. Human beings are not information processors. Mh. They're are meaning makers. Actually, human beings are shitty information processors. We are meaning makers. Our brain is a meaning making machine. Yeah. This is true. Yeah. So it it doesn't work like a computer at all.
Yeah. But I I would argue that computers are shifting. How we see them. Right? I mean, again, the recent, you know, announcements at Open, we're pretty extraordinary. I'm gonna just take a second and maybe listen. I wanna hear what you think of this. This is the part where it's an emotional conversation with Gp 4 0, as Gp 4 was telling a story. I found this the most compelling part of the example, just to listen 1 second. Different languages.
I want you to tell with Bedtime story about robots and love. Oh, a bedtime story about robots and love. I got you covered. Gather round barrett, once upon a time in a world not too different from ours, there was a robot named Bite. Bite was a curious robot, always explored the story, but I want a little bit more emotion in your voice. A little bit more drama. Once upon a time in a world too different from ours. There was a robot named Bite. Bite. Tickets... Do this in a robotic voice now?
Initiating dramatic robotic voice once upon a time. I don't know. For me. There's a significant step forward in terms of a natural conversational, emotionally laden in. Dialogue with an Ai. Mh. Well, yeah. It is. But could you tell that that wasn't a human? I don't know. I could tell immediately that it's not a human. I think we passed through test Well, because it doesn't fall in the area of what sounds like a human. Like your robot said a 03:60? Why they all speak with a British accent?
Well, in that case, because that company is based in the Uk. But that's a issue. Yeah, see what I think is happening is... First of all, humans get smarter in relationship to their technology. Mh. You know, it's like set theory, if the set is humanity, technology is just a subset of humanity. We went to a mountain view for the first... What became me 3. Yeah. Yeah. Blake Spoke, and I went up to him at break. And I said, when you talk about intelligence, are you talking about consciousness?
And he says, nobody knows what consciousness is. I said, well, I think it has something to do with human thinking. You know, it's not a result of calculation. You know, it's not a trillion decisions per second consciousness is something completely different. You know? If you're conscious, in other words, the you're aware of your thinking, I think that you can tell that this is not human because I have a client who uses Ai to do the tools.
Okay? So he'll do a strategy circle with the strategic coach tools, and he'll do a strategy circle. He'll do a triple play. And I said, yeah, But did anything happen to your thinking from having the Ai do the work, and he said, no. I said, all you've discovered was an Ai can do your tools. You don't get any value out of the thinking. Yeah. I agree with that. But I do believe we passed the touring test a long time ago where it's
indistinguishable. But I would put to you that at this level, it's not distinguish indistinguishable, whether there's something is a human or not. If there was a distinguish indistinguishable element of it, that could be analyzed and taken out of the equation. Yeah. Yeah. Could be. I mean, it's... To be discovered because humans are very adjustable. We were going home on the freeway
about 3 months ago. And I said, if you took somebody from a hundred years ago and put them in the car, they go cat tonic. Freak out. Yeah, cars as far as you could see all traveling at the same speed, you know, surprisingly few accidents, but we normalize the speed. We've normalized the situation. I think it's a function of normalizing You know? But here's a question. We normalize over some unit of time. Yeah. But the speed of change is accelerating And at what point does it break? Yeah.
And this was the conversation I had with this speak engagement yesterday, which was... It's not that we can't adapt to digital intelligence and being in virtual worlds and coming into and out of... The meta in having humanoid robots and life doubling, But it's... How fast does that hit our society and our culture and our systems. It breaks governments, it breaks societal agreements, Well, then they all stop it. Who went the government?
Yeah. You pull the plug. You pulled I don't think it can be pulled. I mean, I think it'll try. I think you're right in that regard. Which is prior, humanity or technology? Well, biological technology or physics. Yeah. It's a series of agreements. What makes things work is there's a series of agreements and how we do things. For example, from my perspective, Evs have had a wall because all the market for Evs bought their Evs already.
Okay. So that stop technology right now. You know, They don't do well in cold weather when you see whole charging stations, that where everything has ran out of power. There's 40 cars and they can't charge. That has a human impact. You're were talking about Fukushima in 3 mile Island, knowing that your E could just freeze up during the wintertime. I mean, we can tell the power. We have a Tesla act, and we can tell the power differentials from winter to
summer. So my sense is it's like humans are not the agents here, the technology is the agent. And I think that's the big question here You know, who's in control of what's happening? And if it gets 2 out of hand, there's ways of correcting it. I don't think there's any on off switch. I don't think there's any velocity knob. I think we're living in a world that is at an ever increasing accelerating rate. Well, I don't experience it.
And you don't experience that? No. Peter still Peter, you know, we talked about new things all the time, and just as an observer, of you, I don't see much difference in how you are operating 10:11 years ago than you're operating right now. I think the content of what I talk about and what I teach. Yeah. The content that I used to start new companies is different. Yeah. The ability per unit time to do things and the productivity per unit
dollar. Yeah. Those things have all gone up, the focus of what I do. Remains roughly the same, but the efficiency with which I do it. Yeah, is increasing. Yeah. I mean, I started coaching and the company had 3 in employees, and now we've I've got a hundred and 30 in employees. You know, We were in 1 city, and now we're in 3 country. And that's all changed, but it's happened in stages, and we don't get in front of our skis. 1 of the big things is free time. How much free time do you take?
Mh. It's an interesting concept. Yeah. It is. You haven't normalized it. Yeah. Yeah. You turn it on, turn it off. You know? But 1 of the revolutions that I've looked at a lot was Gut, 14 55 was the date given for his first press And in 30 years, there were 40000 presses across mostly Northern Europe. And next hundred and 50 years, it just turned society on it sad the fact that individuals... First of all, a lot of people,
they found out they were far sided. They had to have eyeglasses because humans weren't used to looking at print, and they had to adjust, you know, and the control of information was in the hands of the church in Europe, and that all got broken within about a hundred and 50 years, their control of information. But, you know, we have Ai today because we had printing in 14 55 because you have to have high literacy to take advantage of Ai. It all depends on how you got yourself
organized on the inside. I know there's always new things, but not all of it's interesting to me. That's true. You know. Yeah. I tell people, you know, the abundance doesn't be any good if you have a scarcity mindset. That I was talking about... You know, things like opportunity. And I said, Ever go swimming, like, in the ocean, like a big lake or anything like that, and you come out, and the person said how is the water and I said, well, the water was great, but I missed a lot of it.
I said, how much water do you need? Do I mean, you just need the local area. And it's like information. How much information do you need? Love just the stuff that relates to what you're going for But I think 1 big change, I think universities are gonna go away. You know, Dan, I think that's a great. Topic for our next conversation. Let's do that. Let's talk about that. I can see half the universities in the United States going away. Yeah. I think they're broken
the economics don't work. The outcomes are poor. Yeah. Let's wrap this episode here and let's continue on with conversation on the reinvent invention of Oh, the education and universities. Okay. Alright, buddy. Good to see you. When did you get out of this 1? Well, you know, for me, my focus, my massive transformative purpose, my moonshot have remained consistent Mh. Over our, you know, multi deck Span together.
But my efficiency of the impact I can have per unit time per unit dollar has been increasing, and that's really what technology is giving me. Yeah. And I think humans need to have clarity on their purpose their mindset, their moonshot, the people wanna they hang out with and then technology is a amplification force for that. Mh. Yeah. I mean, it's always something to be talked about. Really, it's about you. It's about the people you know, are they going to be okay? Society.
It doesn't have a a email address, and it doesn't have a street address and if it doesn't have an email address in the street address. I don't worry about society. Hi, buddy. Oh, you. Okay.