In the last episode for 2024, join Jeremy Britton and Kevin Wojton as they enjoy a casual conversation into the exciting world of cryptocurrency, discussing the innovative Hive Mapper project that rewards users for capturing real-time, high-quality images of their surroundings. The conversation takes a fascinating turn as they explore the future of fractionalized real estate and the potential of blockchain technology to democratize investments. With insights on the evolution of AI, they ponder the ethical implications of technology and its impact on human interaction. From jellyfish-inspired drones to the revolutionary potential of DNA data storage, the duo connects nature's designs to technological advancements, emphasizing the importance of collaboration over competition. As they wrap up, they reflect on the financial markets and the opportunities that arise from economic changes—perfect timing for listeners to consider their next investment moves.
Jeremy Britton and Kevin Wojton engage in a dynamic conversation that traverses various topics, highlighting the intersection of technology, finance, and ethics. The episode opens with a humorous exchange about Jeremy's Christmas hat, setting a lighthearted tone that contrasts with the depth of the discussions that follow. They delve into Hive Mapper, a cryptocurrency that incentivizes users to capture high-resolution images while driving. This innovative concept challenges the traditional mapping landscape dominated by Google Maps, offering a fresh perspective on how data can be collected and monetized by everyday users. The hosts express excitement about the potential of decentralized systems to empower individuals while providing valuable services to businesses, illustrating a shift towards a more participatory digital economy.
The conversation takes a deeper dive into the realm of fractionalized real estate investments, where Jeremy discusses how major financial players like BlackRock are paving the way for everyday individuals to invest in real estate through fractional ownership. This concept not only democratizes access to high-value assets but also highlights the growing trend of decentralized finance reshaping traditional investment models. Kevin contributes his insights on the challenges faced by early adopters in this space, fostering a sense of optimism about the future of inclusive financial opportunities. Their dialogue emphasizes a crucial theme: the potential for innovation to create wealth-building avenues for a broader audience, challenging the status quo that often favors the wealthy.
As the episode progresses, the hosts tackle the ethical implications of advanced technologies, particularly AI and quantum computing. Kevin shares his experiences in developing autonomous drone systems for humanitarian purposes, showcasing how technology can be a force for good. They contemplate the potential ramifications of AI surpassing human intelligence, raising important questions about autonomy and ethical responsibility. The discussion culminates in a thoughtful reflection on the balance between technological advancement and ethical considerations, urging listeners to remain vigilant about the implications of the innovations shaping our future. This episode serves as a rich tapestry of ideas, blending humor with profound insights that resonate with contemporary challenges in the realms of technology and society.
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I could wear my Christmas hat. What do you think of my Christmas hat?
Kevin Wojton:Looks great. Yeah.
Jeremy Britton:Can you read that?
Kevin Wojton:No, I cannot from here.
Jeremy Britton:I'll have to get closer.
Kevin Wojton:I'm on my phone just because the, the video is going to be better than on my computer. Because you had said that last time.
Jeremy Britton:Yeah, it says Merry Christmas, you filthy animal.
Kevin Wojton:Oh, I love it. Yeah, let's just jump in. Maybe we do like a 20, 30 minute, just short form, you know, talking about whatever, you know. Yeah, yeah.
Jeremy Britton:So yeah, I've got an exciting guest coming up, so I can't even recall who the one is that's booked in for next week. I should check that so everybody will know. Let me just have a look. You see we got, coming up Ariel. Ariel Seedman from hivemapper.
So hivemapper was a new free crypto that I've discovered. So you might be familiar with basic attention token.
If you use the Brave browser, you get paid for looking at ads which obviously Google and Facebook and LinkedIn service ads all day long, but they don't pay you any money out of it. Whereas with the Brave browser you actually get paid by the advertisers for looking at the ads.
And Sweatcoin, of course we interviewed Oleg a few weeks ago where you get paid for just walking around and doing exercise, which is great.
But Hive Mapper is basically like most people are familiar with Google Maps and Google's got the self driving cars that go around every street, take photos of things.
But if you look up your own house on Google Maps or if you look up an address on Google Maps, it's often the image is blurry free, it's low quality and the Image is like 4 or 5 years old.
So I've got a place down in Byron Bay that's like three or four years old, but if you look it up on Google Maps, there's just a vacant lot there because Google Maps image is very old.
So Hive Mapper, you basically buy a little dash cam for your car and as you drive around it's taking 4K resolution photos of everything live and it's uploading it and building a real time map. So you're actually being paid to drive around and put fresh, fresh images on the maps because there's plenty of people out there.
Real estate agents are an obvious target market where they want to have the latest data and obviously businesses want to have the most recent images and high res images, but they're just not available on Google Maps.
So these guys are actually paying you to drive around and they Also, they also gamify it because obviously if I'm driving from home to work and home to work and home to work, I'm just mapping the same route over and over and over again. And there might be an obscure road that not very many people travel on.
So they'll say, hey, you know, you're going to get paid a dollar for driving to work today, but if you drive on this obscure 20 kilometer, you know, detour around this little known road, then you might get paid $10 or $15 because there's obviously no one's doing that. So they're going to incentivize you to do that.
Kevin Wojton:Yeah. What's the coin called?
Jeremy Britton:Hive Mapper.
Kevin Wojton:Hive Mapper.
Jeremy Britton:They're all about the bees and the honey and the hive mind and that sort of stuff. And obviously you're mapping the place. So, yeah, the coin's currently being sold. It's out there in the marketplace, but you can also get it for free.
And who doesn't love free crypto?
Kevin Wojton:Yeah, exactly. And you know, on that, our first topic here, why don't we just look at which coins we're most excited about coming up and things that, you know.
That one seems like a very interesting one. You know, I know you kind of have a pulse on doing due diligence on a lot of these coins that come off.
Obviously you avoided the hawk to a coin, so good luck on that. But there's a lot of, you know, there's a lot of crap coins and good stuff out there.
So what, in your opinion, Jeremy, do you think is of the most interest that people should be looking out for that has caught your radar, besides that one?
Jeremy Britton:Yeah, I've been, I've been having a lot of conversations. Probably started maybe six or eight months ago with people bringing up deep in decentralized physical infrastructure.
And now it's Basically, I think BlackRock coined the term RWA for real world assets and just fractionalizing everything.
So not everybody wants to go out and buy, you know, a selection of $500,000 watches and just have them sitting around the house and maybe they go up in value, maybe they don't.
Over the last few years, obviously, watches and collectible wines and whiskies and things like that have actually gone up more than the stock market has gone up. But not all of us have got the money to stick to those assets.
But owning a fractionalized one year, you can own a 30th of a Rolex or a 30th of a Patek Philippe or something.
Kevin Wojton:Like that.
Jeremy Britton:But I think what blackrock's really getting into is fractionalized real estate, because real estate is hundreds of trillions of dollars in assets. And for the average person, they might own their own home, they might go and buy the house down the road and rent that out.
And that's kind of, you know, their real estate investment done. But you're not really diversified.
Kevin Wojton:That's really interesting. I've seen a few projects try to do that where they're putting fractional ownership in real estate.
Over the last four or five years, I haven't seen a lot of them be very successful, but I'm excited for the one that does break through because obviously that would be a big win for everyone to be able to access, you know, hot markets in a way that never end before. What do you think is different about some of these real estate fractional coins?
You know, is there any difference that you think now versus previously?
Jeremy Britton:I think the. The emergence of smart contracts and micro payments is really good.
Like, we invested into something called Property Coin, and that was maybe six or eight years ago.
We actually did an interview with the two founders of Property Coin, a couple of real estate guys in the US and because they were in the real estate market professionally, they would go past houses, they would see houses that were obviously distressed, lawns weren't made, the place hadn't been painted in a few years. And they'd go in and say to the owner, hey, we want to buy this place. Obviously you're not doing so well. And then they would flip it.
They had the few friends who were tradies. They could paint it and mow the lawn and put it back on the market, but they could do one or two houses a year on their own bat with their own money.
And so they launched Property Coin so that people could give them lots and lots of money. We bought into Property Coin, as I said. So they wanted to do like 20 houses a year, but just the economies of scale weren't there.
And it was two guys trying to manage 40 tradies. And about 12 months later, they just said, look, we're out, we're pulling out. And they actually returned our investment, which was great.
Great ethics in crypto, which wasn't around much back then.
But now, obviously, if you' got BlackRock and Vanguard and Fidelity and these guys who are getting into it, they do have the resources, they do have the capacity to scale. And, you know, if, if you.
And I say, you know, there might be an apartment block with 100 units in it, and we Might buy half a unit, so they might have 200 owners.
But every time the rent is paid, every time a bill comes due, there's a smart contract that says, okay, you get 1/17 of the rent and you have to pay 1/65 of the, of the electricity bill and things like that, being able to do things like that and, and fractions of a cent payments, I think that's really where the future is going to be.
Kevin Wojton:Yeah. And so that way they just have a wallet and then it just, you know, filters in the income and expenses, much like an owner would. Right.
And so they don't need to look at it. It's almost like an HOA or a co op model, right?
Jeremy Britton:Yeah, yeah. But one that's actually affordable for, for many more people.
Kevin Wojton:Yeah, very cool. Yeah, I think there's a lot of movement in not only the blockchain technologies, but decentralizations.
You know, I, I worked on a project previous to working with you guys, where I helped, I actually developed some patents. And for fun, I developed a autonomous drone swarm system that leveraged AI models across low power devices and created a hive min.
Because one of the big problems you have is you need large system architecture to support AI tools.
And if you have low power devices or you know, specific onboard processing, you really need a centralized system and then agents that act within that stronger process. So you can have these things called tiny AIs. And versus the, the parent which can dedicate more processing.
So the individual agents just have one little task. Okay, fly here, do this. But the overall, you might have one drone that is a big one, that carries. All it carries is processing.
You might have 15 drones that just have something that's visual. You might have five other ones that have, you know, radar sensors or visuals. So you have these very specialized minor AIs.
And so, you know, I actually patented and created one of the first autonomous drone swarms about a year and a half ago. We actually did it just to help the war in Ukraine. You know, one of my philosophies is to not stand idly by while injustice in the world occurs.
And so I started that project as a hobbyist project, got some patents, did some technology, and got in touch with President Zelinsky and donated the technology over to the Ukrainian. It's called the, what was it called? The Victory Drone program.
Jeremy Britton:Yeah.
Kevin Wojton:And so as a US citizen, I can't really sell things that may be used for, you know, different uses, but you know, I can donate them.
And so I just kind of donated the proof of concept to President Zelensky after I got on a phone call with him, you know, and they've had some success, I think, in adapting some of that software. And you know, drone swarms are a terrifying future.
But you know, if a little bit of technology helps save lives, you know, that's a, that's a big win.
And that those systems actually went into a project with Richard Branson in South Africa to provide rapid response units for anti poaching and anti human trafficking in these game, game preserve areas because they had spent something like 5, $10 million on rapid response drones, but they had no, no way to rapidly respond themselves to changing situations. And so, you know, I actually ended up selling the systems to a company for some equity.
And yeah, so, you know, it's good to see, know, some of those decentralizations. I see that autonomous driving cars will have a, will need a way to connect from car to car to car.
So there's an accident in the road, you know, they can communicate going back. And so whoever creates that full decentralized communication system to carry that across car brands, you know, will become a billionaire. Right.
And I gave my best effort at it, but you know, as a, as a solo developer, I only could go so far and I wasn't really capitalized. I tried to kind of raise some funds around it and you know, I got to a point where I was just kind of spinning my wheels.
And it went from a hobbyist project to being on venture calls all day, every day, you know, hundreds of them. And I was like, I just need to focus on, you know, what's right in front of me and not get distracted by side projects.
Jeremy Britton:So if anybody wants to become a billionaire with you, what do you actually most need? Do you need someone to take the meetings or you need someone to help you with the programming?
Kevin Wojton:A little bit of both. You know, one of my big weaknesses is I can't do everything. And so, you know, I kind of am really well connected in the VC space. I built an mvp.
You know, I kind of can do these demos, but you know, they're always looking for teams, people with deep government experience. I actually built a pretty strong board of advisors, but I didn't have the capital to hire the people that I needed on the operations side.
And as a solo developer, you know, it was hard to get these type of people in the door, you know.
Jeremy Britton:Yeah. Yeah. Okay. So anybody who's listening, who can actually do whatever it was that you just said can contact you.
We'll put it, we'll put a link in the bottom.
Kevin Wojton:Yeah, I mean, I would love just a CEO type who can, you know, I can, I can do a lot of the work, but you know, really you probably need some strong capital to bring this to market, you know.
Jeremy Britton:Yeah. So you're talking like self driving cars or are you talking like all brands of cars on the road?
So if, if a Tesla that's not self driving up the road hits Toyota and then the Toyota can notify everyone.
Kevin Wojton:Yeah, yeah, exactly.
Jeremy Britton:Marines or whatever they do.
Kevin Wojton:Exactly.
I mean, on all the systems they all have embedded WI fi and so you just, they could literally install it as firmware and it can, you know, communicate not only to other cars, but other phones. You know, there's a bandwidth that can be decentralized and at scale. I mean, this really replaces the Internet, Right? This is Internet 2.0.
You don't really need ISPs at that point. You don't really need, you know, the kind of hegemony of Apple, Facebook, Google, Netflix, you know, all them kind of benefiting from your data.
You can actually control the data because it's on your device. Instead of them profiting from it, they have to pay you to access that data. Right.
So, you know, it really is a, would be a revol revolution in Internet and it would, it wouldn't completely replace the Internet, but for 95% of use cases. You know, I did a, a study that if you had 15% of devices in a city, just call it cars.
If you only did this with cars, you know, you would have a fully enabled intranet within a city, kind of bypassing all ISPs, all kind of service providers and just do direct communication. So now you're talking about free Internet, you're talking about free cell phone, you know, free everything.
Or at least you sell your data to the people you know, and make a profit off it.
Jeremy Britton:So if I wanted to send you an email so that currently it's still operating through the phone lines. Right. The old school Internet, we're still going through copper lines and there might be some fiber optics under the ocean, that sort of stuff.
But you're talking like sending a signal from a car to a car, to another car, to another car.
Kevin Wojton:Correct. And then to the right phone.
Jeremy Britton:Yeah. Okay, that may work. In a country, the cars might be, have to be what, a kilometer apart? Two kilometers apart?
Kevin Wojton:Yeah. Long range Bluetooth can go all the way up to about five to seven kilometers.
Jeremy Britton:Right, okay, so I can see that working in a high density population. So, you know, Australia is basically the same size as the US, but we've got 1, 110 or less of the population.
So it work in the US market, maybe not so much in Australia, where you drive 20, 30, 50, 100ks and you don't actually see person.
Kevin Wojton:Yeah, right. And that's why, you know, it wouldn't replace the Internet or 5G.
It would just provide a much higher thorough put because if you have one signal you're sending and you can actually patch it to five different devices. Well, now you're utilizing torrent technology. And so instead of five, you might have 100 connected nodes.
You can recognize where that is on the, on the Network and send 1/100th of the data packets and reconfigure them on the other end so your latency becomes exponential.
But yeah, so it's called the outernet, you know, which would really be, you know, from like privacy, you know, just controlling data, bringing back the power to the people. It really would reverse all the equations across the world.
But, you know, 95% of all of our messages happen to people we know who are close or at least close enough for the network to work, you know?
Jeremy Britton:Yeah, yeah, I haven't been sending too many emails to Japan this week. It's, yeah, mostly, mostly connection, mostly existing connections in the same country or across one or two other countries. So, okay, bit of fun.
The Internet. The woods were like, my car becomes. Can I mine bitcoin with my car? That's the question.
Kevin Wojton:Yeah, absolutely. I mean, and at the end you may have a node connected to the Internet.
So, you know, someone could broadcast their Comcast Internet and then charge a thorough put fee. Right. So, you know, my WI fi can probably take 100 computers.
So why not privatize the access to the Internet through bitcoin mining or all the others where.
I don't know if you're familiar with the onion routing technology, but something similar where you have one base node, exit node that connects to the Internet and you're like, hey, if you want to use my WI fi, you got to pay me five, you know, five cents. You know, now we're talking about other coin applications. And this has been done before a little bit. There's one project called Helium.
Jeremy Britton:Yes.
Kevin Wojton:And so they try to do this where they created a blockchain system of rewards about connecting to incentivize people to build massive antennas.
And that project fell pretty, pretty flat on its face primarily because they over monetized it and you know, they said, oh, you'll be making all this money. So people put in these large capital investments to These large antennas and then 6 months, 12 months, adoption was low.
And so you needed enough on the network.
But I think if you just did it as power to the people, you know, and just tried to release into the public for the good of humanity rather than monetization to the nth degree, you know, you had to buy their Systems, which were 500 bucks, you had to pay them a monthly subscription fee, you had to mine your own tokens that costed you electricity and, and all that stuff. And so, you know, it just was way too complex. Because of the blockchain piece of it.
Jeremy Britton:Yeah, yeah, yeah. And it's all basically you're sharing your WI fi.
So if you were in a, in a major city or in, you know, near a bus stop or near, near a coffee shop or something like that, it would have been good. But if the average person out in the suburbs maybe not so effective.
Kevin Wojton:Yeah, exactly, exactly. And they're. And you'd laugh.
If you go to New York, you see all these big antennas on top of buildings everywhere and you're like, oh, that's an abandoned helium antenna. And that's another one. They're all like bent and broken.
They got struck by lightning, you know, so you just see them everywhere and if once you see them, there's these big black ones with these three prongs that go up and you just be like, oh, you know, like one of the great things about the dot com boom was that incentivized fiber optic cables to be laid down across the oceans, creating insane connectivity around the world. And now, you know, these antennas, they're using them for different reasons.
But I think, you know, because of over investment you always have long tail outcomes and you never know what happens. I know people who use those antennas to create private networks to communicate with people and stuff.
So kind of, kind of some cool stuff that has come out of it.
Jeremy Britton:Okay, so do you, do you think the helium project is dead or it's just sort of going to resurface as something else in, in the next couple of years?
Kevin Wojton:No, you know, I think they've been at it for like eight or nine years. And the coin, it was all based on the coin going up in value and it really hasn't. And so the incentive is kind of lost.
But if you really did it as like a free think, you know, way to, for privacy and whatnot, you know, I think it would have been a very different outcome. I think being over motivated by money sometimes shoots people in the foot.
Jeremy Britton:Yeah, yeah, yeah. Can't be just all about the money. Money. Forget about the price tags and all that sort of jazz.
So what, what's it, what's a beautiful beneficial project apart from you using, using swarms of drones to, to combat aggressive invaders into other countries? I, I know that you, you worked on something with the drones to put out bushfires and wildfires in the past.
Kevin Wojton:Yeah. And that, that was the same project.
So we would, we were working with the National Park Service to do rock climbing search and rescue to identify people who are hiking and who've fallen. You know, we've adapted some of this technology into search and rescue over water.
So if someone falls off a cruise ship, usually there's a 40% chance of finding them. And if you don't find them within 30 minutes, it goes down to 0%.
And so with these systems, you can canvas about 350 square kilometers in less than 30 minutes. And they can communicate to each other and create, you know, there's no network.
So if you create a chain of drones, they could all talk to each other and piggyback the signal and say, oh, I have found something. Right. So, you know, we've done, we did that with that technology and a lot of different use cases with it, which is pretty exciting.
You know, put on barometric sensors and you know, one thing that was really fun as part of this was, you know, one of the concepts that we were looking at doing was a lighter than air permanent installation inspired by nature.
So, like these drones, you know, there's a lot that can go wrong and you know, whether it's battery life, low power, signal loss, you know, whatever, there's just too much complexity to really do it at scale. You can have redundancy in the system.
But we also did some deep thinking on how can we create systems that create the network for these other drones to operate. And we came upon a jellyfish design that has a helium or hydrogen balloon, a really low powered sensor on it.
And then it had these actuated arms where it would do like a jellyfish motion to go up, down.
Jeremy Britton:Yeah.
Kevin Wojton:And it could angle itself left and right.
So if the wind was pushing it one direction, the counterweight would push it this way and it would do the jellyfish motion and go whoop, whoop, whoop, whoop, whoop, whoop, whoop, whoop, whoop. And so I did a field test with about 100 of those.
Jeremy Britton:Yeah.
Kevin Wojton:And you know, I, I will say that, you know, that's super powerful because you can now have permanently installed systems in the air that last forever or as long as you know, the winds don't preclude it going a certain direction.
And, you know, one of the things of the future is I can guarantee that in 15 years, instead of there being Amazon drone deliveries, you'll just have these jellyfish who pick up packages and just use prevalent winds to drop something off at a certain house location, you know, and then, you know, you.
Then they go in back to the loading station, and then a truck will drive them back across the United States so that they can, you know, deliver these systems. Because at a certain altitude, you know, these jellyfish drones could be moving 150 miles an hour, you know.
Jeremy Britton:Right. I'm just thinking like Windsor. Notoriously unpredictable, though. I wouldn't want to be sort of waiting on a package to be.
To be delivered by hot air balloon and the wind direction changes and my package ends up out to sea.
Kevin Wojton:Yeah, well, that's why I can kind of reorient itself and use the jellyfish motion to get back on track, you know, but you're right, you know, a lot of the prevailing winds are really strong, but, you know, you can always know there's an east to west current versus, you know, eddy currents or whatever. But, you know, that those systems, I think, will become really interesting.
Imagine looking up and seeing the sky just full of these, you know, lighter than air, nature inspired drones.
And actually, for the, the reason I brought it up was for the Wildfire systems, what we did was we had these jellyfish drones and then it had a hook that was inspired by seahorse.
And so we would put these out in high areas or whatever with barometric sensors, and then it would find a top of a tree, grab onto the top of the tree with a hook, and, you know, that way it wasn't subject to winds.
Even if the, the, you know, the helium escapes, which happens over time, you now have permanent installations that use these really tiny solar galactic to stay charged. And now you can have coverage over hundreds of miles and a connected network that connects all of them back to the base station.
Jeremy Britton:So instead of having all the WI FI connections in the cars, we could have little WI FI connections in the trees. We could get people out there planting trees and setting up their own WI FI networks.
Kevin Wojton:Yeah, exactly. And I think there's something really beautiful about being inspired by nature.
Most technology these days really tries to diverge from nature, but, you know, natural selection has already created, you know, a million and one variations and optimize the system. So, like, I don't know if you've seen the, the conversation where everything eventually Evolves into a crab.
Jeremy Britton:Just keeps going back to a crab.
Kevin Wojton:Yeah, it's called the current carcination process, where there's been like 30 different independent evolutions into a crab. Like a lobsters will eventually become crabs, shrimps will become crabs. You know, it's like there's these optimizations out there.
And you know, I think jellyfish and nature and the ocean, you know, really has some of these systems and I think people aren't inspired enough by those. You know.
Jeremy Britton:I'm not going to become a crab. I don't have time for that stuff.
Kevin Wojton:Yeah, right.
Jeremy Britton:But yeah, I read a bit of this sort of stuff that they've found, like cave paintings and art and even. What did I say the other day, a charcoal oven.
And this sort of stuff was built by Neanderthals and built by Denisovians and this sort of stuff, like species that are now extinct but were really, really clever, like these guys built a charcoal oven underground where they would actually burn bits of trees and extract the resin and stick their stone tools together, like sticking a stone axe head onto, onto a handle by superheating this resin in. They're getting insane temperatures that, you know, obviously blacksmiths use nowadays. But this was like, you know, 35,000 years ago.
And these were Neanderthals that we said, oh, they weren't real smart. But some of the, some of the structures and some of the art was created by species that weren't us.
So maybe, maybe we turn into crabs and then eventually, you know, all of the monkeys will eventually turn into some sort of proto. Proto humans.
Kevin Wojton:Yeah, yeah. It isn't. It is very interesting too, you know, that there were so many other humans forms not humans, but sapien likes that all died off, you know.
Yeah, yeah. I have a, I have a strange theory that once humanity gained the ability to, you know, harness tools and fire, evolution stopped.
And it actually went the opposite way. You know, the. All the other proto humans all died off. You know, it's like the end of evolution. Right. And in a good way. Right.
We don't have to die by the millions to change anymore.
But you know, it's like, all right, well we're, it's all downhill from here, you know, in terms of evolution, which is not a bad thing because a lot of suffering has to occur for natural selection to push things forward.
Jeremy Britton:True, true. You know, there was apparently there was one. One day when just a million billion fish washed up on the shore.
A big storm, and I'm guessing like 99.99% of them died. And one of them grew legs and went, hey, this is pretty cool. There would have been a lot of. A lot of failures along the path.
Kevin Wojton:Yeah, exactly. So be inspired by nature. Well, last, you know.
Jeremy Britton:Yeah. So I, I have. I haven't seen the jellyfish drones. I've seen the. Obviously the helicopter kind of ones.
I think the original helicopter was inspired by a hummingbird, so it's evolved a long way since then. So I haven't seen the seahorse. I'm going to have to have a look at those little hooks. So what.
What else is exciting that's come out of just observing nature?
Kevin Wojton:Oh, that's a really good question. I don't know. I think from a communication standpoint, there's just so much.
You know, if you look at the way that dolphins and whales communicate and they kind of use this hive approach.
Jeremy Britton:Yeah.
Kevin Wojton:Where, you know, we as humans think our mind is so independent, but there really is a natural language where that's beyond language that a lot of these animals will use.
And if you look at some of these whales and the way they speak, you know, they actually will communicate to each other and, you know, listen to others rather than think they're independent. And there's just this really powerful system that's beyond language that I think as humans, we all think we're independent.
We have these thoughts and, you know, I think getting out of your own way and listening to others and, you know, kind of developing language patterns that are beyond just words, I think is something that I see a lot of humans struggle with. Right. Where actions speak louder than words. You know, kind of doing one thing and then going ten times more above.
Like, for dolphins and whales, like, if they do something nice for some other creature, like, you'll see these dolphins save sea turtles for no reason. Right. You'll see sharks do the same. And you're like, they don't speak the same language. They're just. They're probably just food to them.
And it's like, no, no, no. They know exactly what they're doing because, you know, the language is beyond words. It's all about actions, you know?
Jeremy Britton:Absolutely.
Kevin Wojton:I don't know if you agree with that.
Jeremy Britton:Yeah, yeah. I've seen some of those cases where it's like interspecies and they're actually working together and they're.
They're saving an injured and that sort of stuff. So I. I had a situation on the weekend. I was in.
In Byron Bay, and there was a bird that was hopping around near my front door, which normally they wouldn't do. And they'd run away when humans came near and didn't run away from me.
And then the dogs came out and the dogs sort of ran up to the bird and like expected it to fly away. And it was just hopping around and the dogs were sniffing at the bird and going, that's kind of weird. And they backed off.
And then I, I thought, oh, he's, he's just very, very tame, a wild bird. But it was very tame.
And I went out and had breakfast and did a few things and came back two hours later and it was still there and it was just hopping around the front, front door. I thought, this bird actually wants help.
You know, it's obviously supposed to be afraid of humans and wary of dogs, but it just keeps coming back and coming back to the, to the front door. So I was able to catch it, put it in a box and yeah, it had been injured. I didn't realize, I'm not a vet.
I took it, took it to the vet and then took it to the animal rescue place who could actually identify what was wrong with it and fix it up. Wow. Like, that's, that's extraordinary. I've seen, yeah.
As you say, like sea animals coming up to divers and approaching the divers because they had something stuck in their throat or stuck in their blowhole and, you know, they needed assistance. Yeah, that's beautiful stories.
Kevin Wojton:Yeah. And there's so much power.
Everyone, especially in the business world, they think it's about a dog eat dog world and it's a war out there and you got to look out for yourself. And I think there's like this nature approach which is like, yeah, you have to eat right. You have to like do hard things.
But, you know, it's all about action and helping others and they coming back 10x. I don't know if you call it karma, I don't know if you call it, you know, doing the right thing.
But nature kind of survives through those collective actions of good giving. Right?
Jeremy Britton:Yeah.
Kevin Wojton:You know, a lot of people have pessimism around humanity. Oh, it's naturally evil. You know, it corrupts and destroys, but it's actually something beautiful.
And I think just letting go of yourself in the picture of the bigger species, you know, we're all kind of this group think, trying to create better outcomes for the world. And you know, to that example, you know, your dogs didn't attack the bird. Maybe it would have attacked the bird if it was a healthy bird.
But as soon as we see things that need help, you know, we all should embrace our humanity and help no matter what it is.
And sometimes that's doing the hard thing, like telling a friend that he's drinking too much or telling a business partner or someone that they need to step down from the business because they're not in a good position to do it, you know, and it's not always about bending over, but it's just about kindness, right. And saying, oh, you're not thriving, so let me go out of my way.
You know, if you see a friend hobbling like that bird did, you know, it's so much easier to say, oh, they're doing a bad job, you know, whatever, you know, go after them or whatever. But, you know, it's about just taking a step back and realizing it that we're all in this spaceship earth together, you know?
Jeremy Britton:Yeah, yeah, yeah. It's interesting you're saying about the dog eat dog world, because I'm thinking like in, in nature, obviously things got to eat, right?
Lion's not going to cook itself some tofu.
But the lion will take down one gazelle or one zebra and it will eat it and it will, you know, it's not going to destroy the entire herd because there's something in the back of its mind. If I do that, then we're all going to starve to death.
And there's, there's some humans who just want to, you know, destroy business and destroy entire species of animals and do it for their own gain. What's the point of that?
20 years later, there's, you know, there's none of that species left or that that river is completely poisoned or that area of ground is completely unusable. Now what was the point?
Kevin Wojton:Yeah, I mean, the buffalo, the American buffalo, the passenger pigeon, you know, the dodo. You know, I think every extinction event occurred because of someone thought it was fun.
Jeremy Britton:Yeah.
Kevin Wojton:And I think that goes into the idea of, you know, people thinking they have mastery over nature and it's their right. You know, people think that intelligence, if you're more intelligent than a being, it doesn't really have a right to live. Right.
And you, you have the right to overpower and domineer it. But like chickens, for an example, they're not very smart.
Jeremy Britton:Yeah.
Kevin Wojton:And they are very tasty. But, you know, is it right to kill more than you need to eat more chicken than you have to?
You know, like, I get it, we need to eat, but you know, there's a lot of people that only eat meat and the question becomes, oh, is that aligned with nature? And maybe it is, maybe it's not, I'm not making any judgment call. But you know, to your point, we should always try to reduce suffering.
We all have to eat, but we don't need to increase suffering, you know.
Jeremy Britton:Yeah, I mean if, if you, if you're following from the theory that we all came from some sort of monkey and most of the monkeys that are around now eat a little bit of meat, like they might eat a few, a few insects and small lizards and things like that, but most of their diet is, is plant based.
And I mean, you know, if we want to have a sustainable future, maybe most of humans diet should be plant based because it's obviously far more sustainable. You don't need factory farming.
And that's where you get these horrible disease outbreaks is when you have, you know, hundreds of thousands of animals crammed into one environment. But as you're talking about, you know, just because we're smart, does that give us the right to enslave and manipulate other creatures?
Part of me is thinking in the back of my head, AI has gotten really, really smart in the last two years. It's like smarter than a toddler. So in another five years is it going to be smarter than humans?
And the humans that programmed the AI are some of the ones with the worst human traits.
So if the AI becomes smarter than us, what's going to stop the AI from saying well then I should dominate them because I can, I should manipulate them because I can.
Kevin Wojton:Well it's a, it's a double edged sword. And so I think we'll come to that paradigm because it's going to learn from all of human action.
And if all of human action comes out saying yes, I am smarter, so therefore I should, you know, that's a self fulfilling prophecy. Right. We will, you know, learn the hard way that you kind of eat what you, what you get. You know.
Jeremy Britton:The only one redeeming thing is a, most people won't know because they're not old enough to remember. Like me back in the olden days.
Matthew Broderick movie in the early 80s with War Games and the computer artificial intelligence hacked in, like starting a nuclear war basically.
But the only way to stop the computer from destroying things was actually showing it what happens, what happens when you play chess, what happens like if someone loses, then basically everybody loses and it looks at all of the million different outcomes.
And I'm hoping the AI is actually smart enough to realize that if it oppresses the humans, manipulates the humans and kills off the humans, it's not going to be a very nice world.
Kevin Wojton:Well, we'll find out one way or another. It might not be tomorrow, it might not be five years, might not be 15 years, but something's going to happen.
And I don't know if you've seen the wall that's been happening. Sam Altman has been trying to dissuade people that this exists, but it definitely does.
That AI is experiencing kind of a reverse Moore's Law where they're creating these Systems which are 100x more powerful than every year, but the outputs are only increasing 5 or 10%. And so there's kind of this in my hope at least that AI does have a limit, right, that we can't completely replace our own cells.
And AGI may be unreachable because you would have to dump in, you know, you would have to create a supercomputer the size of the Earth to create something that's, you know, a trillion times smarter than what we have now. And we'll probably get there. But you know, we are hitting the limitations of transistor size.
You know, once you have these connected Nvidia networks, you know, it's like you have these diminishing returns on hitting this wall. And you know, I think, I don't know what your thoughts are on that. Maybe that's the limit, you know, that nature has provided us. Thank God.
Jeremy Britton:You know, I'm wondering if Sam Altman went to the same, the same symposium where we went to where the Harvard Club. I went. Did you go to the presentation by catalog DNA?
Kevin Wojton:I don't think so.
Jeremy Britton:Yeah, yeah. So these guys obviously saying, storing things. We were told that you could store things on floppy disks back in the day.
But you know, after 10 or so years the floppy disk degrades and then they're like, oh, we're going to invent this DVD and the DVD will last for a thousand years. Well, CDs and DVDs that aren't stored in perfect conditions, they tend to degrade after five or seven years.
And flash drives, flash drives will degrade after a few years as well. So Amazon web servers and all these, you know, huge corporations around the world are just going, we need to store all this data.
But then we have to replace the hardware all the time. And it's very, very expensive.
And so these guys have basically taken strands of DNA and I'm not a biological scientist, but I think there's ADTC or someone, someone, someone will corre there's four components to the, to the DNA and using those Little letters of the Alphabet. You can make every single possible word. And humans and, you know, daffodils and whatever else.
But what they've done is engineered the DNA so they could store ones and zeros on the DNA.
Kevin Wojton:Yeah.
Jeremy Britton:And they, they use synthetic DNA so they're not chopping up humans using synthetic DNA that they'd grown in the lab. They could store an exo byte of data on a piece of DNA the size of a sugar cube. And you look at that and go, that's incredible storage.
And say, okay, well how long does it last? And they said, we're saying it lasts a thousand years. And the guy sitting at the table is like, well, how do you know it lasts a thousand years?
None of us have been around that long. And they said, we're digging up woolly mammoths from the Arctic tundra and we can extract DNA from these things that died 30,000 years ago.
And we can bring back the woolly mammoth, we can bring back instinct species, so we know that DNA is still touchable 30,000 years down the track. Not 100%, but maybe if you get 99% of the data, then that's going to be good enough.
I'm like, okay, so then the next question is, can these things be used for computing, not just for storage? And they said, yes, it can.
So like your normal computers now, you've got the CPU which does all the processing and you've got the storage bit off to one side. But with the DNA, it can be either or both.
And depending on how much processing power, you can devote all of it to processing power, you can devote all of it to storage, or you can change back and forth.
So I'm thinking if you can store that much data and that much processing power on a little tiny 1cm cube, imagine getting a thousand of those and sticking together. Be about the size of a brain.
Kevin Wojton:Yeah, and you're absolutely right.
I think the next breakthrough will not be hardware based, but will be breaking the laws of physics like that, you know, like, you know, we've hit the limitations of, of lithography and computing. So with Google's quantum chip that just rolled out, you know, you really are starting to see nature itself breaking, right? Like, I don't know if you.
Did you see that? The quantum chip?
Jeremy Britton:No, I haven't seen it yet.
Kevin Wojton:You should look it up. Google stock went up like 15%, you know, like overnight. They just released.
So they had these Quantum computers last 15 years, which were like these huge things, and now they put it on a chip.
Now they have like 250 qubits or something where, you know, they just solved a problem that would take all the supercomputers in the world a trillion years. They solved it in 15 seconds.
Jeremy Britton:Jeez.
Kevin Wojton:And it's like, you know, it's only good for these like really specific type of open ended problems where you can't really, you know, like brute force the answer, you know. So like, you know, with this revolution that's occurring, the big breakthrough they had was this thing called quantum error correcting.
Because they were researching this for so long that, you know, one of the scientists, I was just reading the white paper earlier today, you know, he basically tricked nature into self correcting some of these information. And he's like, yeah, I was, I was sleeping at night and I woke up in a, in a very stream of lucidity. And I said, oh, this is what we got to do.
five years, if they get up to:It will break blockchain, crypto mining, sha, you know, tuned or whatever the algorithm is, Shaw's algorithm of prime factorizations, you know, and so really, you know, it'll be an interesting future. But you know, between that and CRISPR becoming more prevalent, you know, it's really interesting.
In the next five to 10 years, you know, you'll see these breakthroughs occur. Instead of it being like, oh wow, we're in this great future.
It's like, no, like everything we've done for the last 200 years is obsolete overnight now. Figure it out. You know, it's like when the first person invented the gun.
You know, it's like, oh, like we gotta, we gotta, we gotta go back to the drawing board. Like, armies don't work anymore. And you know, it's like, all right, you know, Native Americans, good luck with those bows and arrows.
You know, it worked for them for thousands of years. And you know, I think what ends up happening is, you know, revolutions happen, takes very, very slow and then all at once everything falls apart.
Right?
Jeremy Britton:Yeah.
I, I, I've had people say to me, like, oh, you, you shouldn't invest in crypto because they're building this, this quantum computer and the quantum computer can crack all of the codes and take all of your crypto. And like, well, I've done okay over the last 10 years. I've been able to have a pretty good lifestyle through It.
And the other thing is, you know, if those quantum computers are cheap enough for the ordinary man in the street to have, then they'll be able to hack into every bank, not just every crypto wallet, and it'll be game over for the entire financial industry.
But at the same time, if, if someone very smart is working on these, these quantum things, then maybe I can get a half as clever quantum computer to design a deeper encryption than the SHA256 that we have at the moment. So I think it's going to be one of those games where if the military's got machine guns, then the general public can get handguns.
Yeah, we're going to be okay.
Kevin Wojton:And that's the answer, right? They've already invented anti quantum computing algorithms that need to be processed using quantum computers.
So, you know, I think the most interesting part about quantum computing is instantaneous data transfer over an infinite space.
Jeremy Britton:Spooky action at a distance.
Kevin Wojton:Yeah. Quantum entanglement, conversations like, that's my.
I don't, that's the one thing that no matter how much I look into, I'm like, I, I can't, I can't even try to think about it. It just puts me in a downward spiral. Like, you know, as Einstein said, you know, spooky action at a distance. Like, how does that even work? You know?
Jeremy Britton:Yeah, yeah, yeah.
Kevin Wojton:And I'll watch YouTube videos on it and stuff. Be like, you explained that very well, but still doesn't make any sense, you.
Jeremy Britton:Know, and if you do start to understand it, then you need to take a break, your brain hurts, you need to have a nap afterwards.
Kevin Wojton:Yeah, yeah. I'm like, I know some, I know the words you said, but they don't sink in, you know, it's like whatever, like you don't know as well.
Just say that, you know. But yeah, it's gonna be a very interesting future. I think next five, ten years will be. Who knows? Nobody knows.
Back in the 90s you could say, oh, the Internet's gonna change everything in E commerce and all this. And now you're like, what's AI going to do? What's crypto gonna do?
I think we all have good guesses, but it's all based on previous paradigms which will no longer exist.
Jeremy Britton:Yeah, yeah, yeah.
I mean, obviously when AI first came out a few years ago, people going, oh my God, it's going to take jobs away from copywriters, it's going to take jobs away from artists and things like that, but it's actually increased productivity for all these People and lawyers who don't need to actually sit there and type things up and map things out and just go bang, bang, bang, suck some data from here, suck some data from there. Put it like this, change that.
They can do four times as much work and so can the artists and content creators and even programmers can do much, much more work in a shorter space of time. So rapidly accelerating this productivity, which is absolutely incredible. And we're going to use more and more of it going forward.
So when do we get to the stage where we have the AI agents? Because I loved being able to go, you know, hey Siri, what's the temperature in Lithuania?
Or I'm, I'm planning a trip to Davos, what's the weather going to be like there?
And she gives me the information, but we're not at that stage yet when I can actually say, hey Siri, book me some flights, here's my credit card information, book me some accommodation.
So the agents who can actually do things in the real world, I think that's going to be the place where productivity just goes absolutely through the roof.
Kevin Wojton:Yeah, exactly. And you do see a lot of these AIs already communicating AI to AIs.
You know, and that's where like for LinkedIn, there's just going to be an autonomous LinkedIn someday. That's just like, oh, you want to connect with family offices to Invest. Bam. The AIs will all chat to each other. Right.
And that's, that's really interesting. I don't know when we'll get there, but if you want another billion dollar idea, that's the next one.
Jeremy Britton:Yeah. So instead of me saying, hey Siri, make me an appointment with this guy.
I'm going to wake up and Siri is going to say, Jeremy, you've got an appointment with this guy tomorrow. Make sure you turn up. And I've already booked, I've already booked you an U Uber. It's at the front door. It's a self driving one.
I'm just like, the AI is telling me what to do and where to go and who to be with. That's a scary future. But if it's more efficient, I'll probably take hold of it.
Kevin Wojton:Yeah, right. It's like you have 15 meetings with all these high potential partners.
You know, make sure to wear this tie and this suit and this hat this guy likes, you know, the, the chiefs. So make sure you talk about this. He has three kids, one of them just had a Bar mitzvah, you know, and that's what it's going to.
I mean, like, that's a powerful tool. Terrifying, but powerful, you know, and like.
Jeremy Britton:The ultimate personal assistant. Right?
Kevin Wojton:In the new Facebook glasses that has the embedded AI in the camera. They're already doing that.
Like you can already go up to someone, double check, text it, it will scan that person's face, find their online profile, look at their last 15 posts and be like, this person's favorite topics is crocheting, walks on the beach. They do all. It's like Shazam.
Jeremy Britton:But for people.
Kevin Wojton:Yeah. Oh my God.
Jeremy Britton:I've been talking about this for years because obviously, you know, you can hear the last 10 seconds of a song of the first 10 seconds of song. You go, oh, what's this song? I really like this song. And Shazam will pull it up for you.
But sometimes I see people and it happened the other day where someone, someone saw me and says, hey, remember me? And I'm like, yeah, I recognize the face, but I don't know in what context, I don't know where I've met them.
And I just kind of have to bluff it for a couple of minutes until it clicks or until they actually reveal where the connection was. But you're right, Meta has got, you know, Facebook has got all of that information. It can recognize people's faces, it can save Double tap.
I actually went and tried on a pair of those glasses the other day.
They're actually selling them like in the main street in the optometrist Byron and I, I saw a guy in the States who, I didn't realize that Bobby was wearing these glasses the entire night. I'm sitting down talking to Bobby and he's just, you know, he's just Bobby, right?
Until we went outside and he wanted to take a picture and he just double tapped and they're like his little lights flashed on his, on his glasses. And he took a picture of the rest of the outside of the restaurant. I was like, oh, wow, that's pretty cool.
And I've been talking about these and thinking that would be interesting because sometimes I want to take pictures of things, but I'm driving and obviously it's not a good place to try and pick up your phone while you're driving. So I've been sort of convincing myself and selling myself on these things and obviously talking about them.
My phone's listening, so I start to see ads for them because it knows what I'm looking for.
But the other day I literally driving up to the beach and I just pulled in and I found a park and the park Happened to be in front of the optometrist. And the optometrist had this sign for these Ray Ban meta glasses. I was like, okay, this isn't just my phone.
This isn't just the AI picking up and showing me ads and things. I'm interested. This might be a little sign from the universe.
I went in there, tried them on how to play with them, and I'm like, play some funky music. And it started playing music, and it's through bone conduction, tiny speakers.
And I'm standing in front of these other people in the shop and saying, hey, can you hear that? And they're like, hear what? And I'm listening to music fairly loudly, but I can still hear them because my ears aren't blocked.
I don't have anything blocking my ears like you do with normal headphones. But they couldn't hear a thing. And they were like, less than a meter away. Like, this is extraordinary.
I could have my assistant telling me, oh, yeah, that's Jethro, and you saw him last Tuesday. And that's this guy that you saw like four months ago. And people who.
Contacting me now, of course, because crypto market's going bananas, and people I spoke to a year ago, two years ago, three years ago, and I said they should invest, they're now coming back and contacting me and going, oh, we want to jump in now we've heard the market's up 50%, we want to jump in. Like, you should have been in two years ago. But they expect me to remember them like I'm. Because I'm the only crypto guy they talk to.
But I've talked to hundreds of people. I can't remember them, so. Shazam for people. I'm loving that. I didn't even realize that was a feature.
Kevin Wojton:Yeah, I think it's still experimental, but I was watching a video of someone who was using them, you know, who had it all kind of set up, where it would scan someone's face and do all that, you know, categorization, especially for someone you've never met before. It's kind of creepy. I think it's a little bit unethical myself, but you could just.
Jeremy Britton:It's public information. Right?
Kevin Wojton:That's what I mean. Just look at their Instagram, I guess. But, you know, I don't know, whatever, Technically, they.
Jeremy Britton:That's. I don't think it's an ethical thing because that person has publicly shared that. That data.
And if I had a photo of you and did a reverse image search on Google, I'd be able to find every post that features your photo, that you've voluntarily shared this information. So people listening.
If you want to be, like, super private, obviously switch your Facebook profiles to private now, before every creepy guy in the gym gets a pair of these glasses and wants to find out your phone number and where you live, if you've ever shared that information, it's still out there somewhere. So, yeah, set your privacy levels high, but. But also be aware of what you share. Never goes away.
That ugly photo with you with the bad haircut from 16 years ago, that's still on the Internet somewhere, but you can't get rid of that.
But you could probably set your privacy levels high because I'm guessing, like, if I'm going to be wearing these glasses, someone else is going to be wearing the glasses and it's going to catch on. Thank God it's not the big, what was the snorkel mask thing that Apple came out with? These are just like Ray Bans. They're like Wayfarers.
Kevin Wojton:Yeah.
Jeremy Britton:You don't feel like a goof wearing them into, you know, into an office situation or into a club or whatever.
Kevin Wojton:Yeah, exactly. But, yeah, no, we covered a lot of topics, some esoteric ones.
I think the summary of some of the things we were talking about is you use AI to become more productive or else you'll fall behind. Yeah. You know, invest in crypto because it's likely going to keep going up.
I don't know if you saw today, but it went back down to 92,000 based on the Fed's cutting of rates. But it's on trending back up now. But today's a good day to buy in, is what I'm trying to say.
Jeremy Britton:What happens when the Fed cuts rates? Everybody's got a little bit more money and it's good just before the holiday season.
People need to have a little bit more money to stimulate the economy, but then, you know, they've got a little bit more money, they might invest it. And obviously, when.
When they're spending on buying presents and taking trips and going and seeing people for the holidays, that's going to stimulate the economy as well. So we'll wrap it up. Thank you for everyone who's listening and yeah, we'll see you soon with some more exciting guests.