SPEAKER_00: everybody it's monday happy monday we're back we are back i was out till three in the morning last night i had top seven night of my life my the surreal life of jacal i had maybe this is this could this is definitely top seven i know where it's ultimately gonna rank saying i have a bender SPEAKER_04: last night that was awesome i'm gonna tell you all about it at the start of the show but in terms of important things for us to discuss after a little banter my guy gavin baker wrote a little bit of a tweet storm on a tech renaissance cultural reboot he's he's a hedge he's a hedgy hedge fund guy a friend of mine really smart cat and this tweet storm dovetails with my other tweet storm i did on saturday night there's a big cultural shift going on in silicon valley we're going to talk about it the good the bad the ugly and how you as founders can navigate it and how we're all going to get through it together Jason Calacanis: hopefully it's positive message i think so it's a positive conversation about teamwork and then uh and then though we have a cage match then we're gonna pit to the death chat gpt against google search and decide whether google is in fact in trouble now that chat gpt has been unleashed on SPEAKER_10: in the world everybody's favorite game show chat gpt or shitty google search results that's right SPEAKER_13: everybody on the program no spoilers no spoilers no spoilers but we have hopefulness the we live in the SPEAKER_00: future uh segment has delivered i kid you not the number one we live in the future moment in the history of that segment today but we're not going to tell you what it's about you got to listen to the show when people hear this molly this is literally could change the course of human i mean we're not SPEAKER_18: exaggerating at in any way so it's going to be a great show stick with us it's going to be a great SPEAKER_20: show gonna be a great show this week in startups is brought to you by fan duel sportsbook use code twist during sign up to get started with a no sweat first bet up to one thousand dollars and crowdbotics great ideas can change the world and crowdbotics is the fastest way to turn those ideas into code get a free scoping session for your next big app idea at crowdbotics.com twist SPEAKER_27: hey molly it's monday it's so monday it's monday it's monday it's monday it's a monday late december like we're rolling we're getting her done we're getting it done although i have to say like SPEAKER_30: we we had to go zoom today i couldn't do a live stream because i needed the extra filter today i SPEAKER_33: needed the zoom touch up my appearance because last night that's what we're all talking about last SPEAKER_38: night the filter yeah mm-hmm i had top seven night of my life which is saying a lot which is in the SPEAKER_40: surreal life you know breaking the breaking like the first volume the first you know 10 chapters this SPEAKER_41: is pretty pretty up there so uh i i found out at three o'clock in the afternoon yesterday sunday here in san francisco that dave chappelle is playing at the chase center i'm like oh i'm a dave chappelle fan mm-hmm and like two or three different people text me hey jake are you going tonight i'm like well i didn't know he was in town and like is with chris rock and i'm like oh i love chris rock too is SPEAKER_44: it two of my favorites i saw pictures of them from the warriors game yes and so they have to be at the SPEAKER_45: warriors game it's no secret uh my friend shamath owned a piece of the warriors and i have some friends at the warriors like uh draymond green um you know who uh had a great podcast last year hopefully SPEAKER_47: comes back maybe the second half through this year after the team you know gets back to winning a SPEAKER_41: little bit and he's focused together a little bit a little focus time i think would be a good idea uh so uh i i go to the show last night it's nice to go to see a show uh and laugh the world's kind of hard these days right layoffs we're going to board meetings every the it is the world is kind of crummy yeah there's wars culture wars literal wars i mean we we deal with it we're turning into literal wars SPEAKER_55: it's it's crazy the world is on fire yep yes and uh i said you know i need a break i could use a laugh SPEAKER_58: i'm gonna go step away from the culture wars and see dave chappelle SPEAKER_60: well it's funny as it is i'm sorry that was it's a good one though because they both went all in SPEAKER_63: on all the topics of the day and i had a just a wonderful breakthrough that no matter how crazy everything gets in this surreal life that we all share you and i sharing more of life together here in this past year together and we're coming up on our one year anniversary as co-host what a wonderful thing and thank you for coming and joining me here for us to be able to share this time together and SPEAKER_66: just work it all out uh and if i had an extra ticket i would have brought you you know i was SPEAKER_69: going to look for the ride right now molly's like wait a second how come i didn't get that phone call SPEAKER_70: all right listen i had my own party weekend it's just that it never compares once you start talking SPEAKER_72: about your okay fair enough um and you know there's another layer after this but you know it's not easy being in the illuminati i'm just going to leave it at that you know in some ways being in the illuminati somebody told me i'm in the illuminati so you know i'm just like okay it's honestly it's a little underwhelming once you get in the illuminati you realize that these are some pretty annoying people yeah people are just you gotta like it's a lot of work being illuminati you gotta always just a lot of work to even talk to them like yeah once you're in handshaking yeah you're in so it's kind of like you just show up uh but at all these illuminati meetings i mean i never met so SPEAKER_41: many people who like the sound of their own voice what it's like a bunch of band camp and theater kids yes except they're running businesses and countries and you know organizations and they're going to davos the illuminati is annoying and underwhelming and they they also they're not much fun i'll be honest you don't want to be in the illuminati you kind of want to be like right on the outskirts of the illuminati where you which is kind of where i am i'm illuminati adjacent more than in the you know i kind of like i come to a lot of events but i'm not sort of like will smith in scientology maybe like he's not in scientology but maybe people say he is you know yeah i had a holiday Jason Calacanis: party just as a brief uh detour yes i had a big big holiday party on saturday and a like an illuminati friend came to the party and was basically like oh god all our vc parties are the worst this is fun this is fun as hell right because it was like we were just dancing and there was like lumpia but i also had a bartender and like everybody had to get dressed up and it was like a nice mix of like yeah no it just still have fun like my hairdresser's here yes the illuminati it's good to be a SPEAKER_30: normal that's what i'm saying this is what happens at illuminati you and i are in a conversation okay so like we'll just make eye contact we're talking our heads we're talking oh yeah how's it going SPEAKER_95: and this is what happens to illuminati what i'm doing right now is looking over your shoulder yeah SPEAKER_41: you know yeah because everybody in the room is a 97.5 or higher so i'm looking at you and i'm like 98.2 oh is the person behind you a 90 oh 99.1 okay let me wrap this up and let me see if i can level up to the next person in the room in the conversation truly annoying this illuminati yeah anyway it's SPEAKER_102: actually isn't that just like la well that's that's celebrities but only like a small percentage of celebrities it's cloud hunting all the way around it's pure cloud hunting all the time i noticed a SPEAKER_105: little bit in that vip room at the warriors game where it's like oh you guys are working exactly so we SPEAKER_109: have an incredible time yeah so it was like when you and i were backstage at the uh warriors game for finals or whatever right and you have to be like what do you do where are you from what do you SPEAKER_112: do well oh yes oh oh oh oh oh oh oh my god times marketplace oh yes oh i live i'm a subscriber SPEAKER_113: so um okay but so there you are though however good time good setup on how it wasn't that fun because it sounds like it was actually really fun it was a lot of fun and you know everybody SPEAKER_41: need to blow off a little steam yeah so you know i'm friends with draymond and draymond says oh yeah hey let's let's go hang out at the court and a little practice facility at the chase center so me and uh draymond are uh just shooting some jays jay cal brooklyn comes out a little jay cal fade away SPEAKER_30: and uh my friend steph curry comes over and shake how you're short every shot you know like just hit aim for the backboard overshoot every time and then literally three in a row boom boom boom jay got dropping bombs i'm wearing crockety jones dress shoes uh and i kid you not dave chappelle chris rock so now i'm shooting baskets with chris rock not chris rocky starts with chappelle SPEAKER_115: staff and draymond surreal surreal surreal like levels of surrealness and uh i'm not gonna drop SPEAKER_117: any more names here but court um not on the arena court like on their practice facility which is in SPEAKER_121: the same building uh lo and behold dave invites everybody to go to a secret show at 1am he does at one of the local comedy stores here so i go see dave chappelle do you know another set where he sits SPEAKER_124: on stage for two hours oh really he's on stage for an hour at the chase center did he smoke the whole SPEAKER_41: time he smokes yeah right like a lot continuously yeah and i don't know if it's a shtick and they're fake cigarettes but i get the sense they're real and i'm trying to figure out like how is that possible then i remember oh right if you're the funniest person on the planet like who cares and i had like another revelation like wow in society there are rules and then there is like uh reality and the reality is i'm i'm fine with a little secondhand smoke if i get to hang out till three in the morning hearing chappelle workshopping stuff chappelle is the greatest entertainer SPEAKER_128: one i mean i'm trying to i've seen some pretty amazing entertainers in my life i've seen michael jordan and patrick ewing chappelle gaga chappelle gaga i mean chappelle Jason Calacanis: i'm just saying that was the last time you were saying greatest entertainer so i'm just wondering SPEAKER_41: exactly what the yes what the stack up is there like literally on the mount rushmore like watching a lady gaga show and then watching chappelle in a room of 70 people molly hold court and just interact with the audience hey what do you do oh yeah girlfriend i mean that kind of stuff and then he's like he's talking to people because he started part of his career was here in the bay area he knows the names of the waitresses the bartender security the dj he's chopping it up with them he's like remember the joke i told 22 years ago in oakland when we worked at that club the guy's like oh i got it and he plays a sound effect and then chappelle tells a joke for 22 years ago tells the history of the joke it was unbelievable so anyway uh i just like to say SPEAKER_33: jesus christ i'm grateful for my life because not only that right answer yeah 20 different people SPEAKER_41: are stopping me oh i love this weekend startups almost i'm a founder oh all in this and that oh i came to the launch festival just wonderful to have like a minor amount of recognition for our work and SPEAKER_138: some of the other work i've done in my life for people of importance in the world uh who are doing great things as well and so just really wonderful evening out on the town and uh so shout out to SPEAKER_141: everybody involved leave it at that okay everybody it's time the nfl playoffs are almost here and i'm SPEAKER_00: so excited only a few more weeks of regular season football that means right now is the perfect time for you to download fan duel that's america's number one sports book check it out right now fan duel is giving customers a no sweat first bet of up to one thousand dollars that's right up to one SPEAKER_141: thousand dollars in free bets back if your first bet doesn't win just sign up with my promo code twist t-w-i-s-t and fan duel is the best place to bet and you know why that is right they have all your favorite bets from point spreads to parlays and even my favorite player props i love focusing in on my favorite players makes the game more exciting i gotta sweat the app is safe it's secure it's super easy to use and of course you're gonna get your winnings paid out fast which is what we all want here are some current nba mvp odds because this is one i like to make a bet on i like a wager right SPEAKER_04: now top three mvp betting favorites jason tatum giannis and luca they're all sitting at plus 300 but you know who i got i got my guy steph curry he's at plus 1000 right now that means you can bet a hundy SPEAKER_141: to win a thousand so that's it that's my bet sign up today with the promo code twist for your no sweat first bet make every moment mean more this season with fan duel the official sports book partner of SPEAKER_41: the nfl that's right um but so much news over the weekend you and i we're just chatting and chatting SPEAKER_121: and i feel like there's a cultural moment going on in our industry so as much as chapelle is trying to navigate that i've realized what we're doing here is important work because we have to navigate SPEAKER_04: some very dicey cultural issues but we're all humans and humans share a lot in common and we fight over little marginal things but the truth is we all want to wake up in the morning SPEAKER_41: do good work see our families have a laugh and so the work here is important because we can help people navigate it so let's talk about the absolute cultural war and disastrous violent insane deranged SPEAKER_06: culture war in technology okay welcome to the show everybody welcome to the show everybody here we go SPEAKER_01: um i will say that i was lucky enough i was lucky enough to not only get to have this wonderful party with friends and family but also uh even though i was there to see tom brady because this was my Jason Calacanis: brother's bucket list adventure uh at the niners game yesterday we were there instead to witness the day that brock purdy became a superstar and tom brady his career ended so it was very it was an exciting weekend it's like you can tell it's getting it's like party weekends all around however yes meanwhile all around us this conversation uh was happening and is going to continue to happen evidently this idea that the culture of the tech world sounds like specifically the tech work world is about to change or at least if you are talking to investors and uh founders or ceos or board members the executive class if you will yeah that there is a change afoot so it was um kind of uh exemplified by this tweet thread by cabin gavin baker the cio and managing partner at atreides management is that named after dune by the way do we think that it might very well be i know gavin SPEAKER_47: socially gavin is one of the most brilliant um capital allocators thinkers in the space made some pretty colossal bets um and evidently a giant dune nerd which is awesome and a bit under the radar SPEAKER_121: uh if i'm being honest i've tried to get him on the show he's uh podcast shy uh like some people are Jason Calacanis: but uh you know he's boston-based atreides management uh it's like a crossover hedge fund invests in both private companies has 4.8 billion under management as of the end of q3 and some of its private growth stage investments include go puff saunder and republic and then has some huge public positions um at amazon amd meta and square you could think of a block yeah he's he's uh like a brad SPEAKER_27: gerstner right public private yeah yeah big checkbook big bets but generally it sounds like quieter or at least like not as um you know they're both extremely thoughtful when you start managing that level of SPEAKER_00: money you spend your days um you know we spend our days with a lot of founders right they spend their time with like 10 bets 20 bets max and they're like constantly removing two or three bets to add a SPEAKER_47: bet and so they're just sitting there with some of the smartest brainiacs in the world spreadsheet jockeys studying stuff and just moving you know large swaths of money around in very strategic bets to try to move a four billion dollar hedge fund to a five to a six to a twelve right kind of like if you've ever seen billions acts capital that was based on you know an amalgamation of head fund managers but not the tech hedge fund managers those were more like the pure finance ones on the east coast but so he's not that but he is very smart and i'll preface this by saying the speculative asset bubble SPEAKER_117: was the fault it's it's very important i think to set the stage here as painful as it is the speculative asset budget bubble was set by the leadership capital allocators you know i always want to make sure people understand where to place the blame before we get into the pain SPEAKER_41: place to blame before we address the pain capital allocators management founders created an age of SPEAKER_121: excess and speculation and coddling and all kinds of stuff and that speculative asset bubble includes SPEAKER_117: crypto includes growth stocks includes a lot of things is now leading to what i'm dubbing the white Chamath Palihapitiya: collar recession yeah speculist asset bubble leading to the white collar recession and the white collar Jason Calacanis: recession well let's go through the tweet storm before i yes give some analysis okay here's what gavin baker uh wrote yeah in alongside a post from he said with permission uh a letter announcing a riff at a startup right it was images of this letter sent by an anonymous ceo in his portfolio and then his major takeaways the major takeaways go like this he writes the fact that twitter is running well with headcount down significantly really matters whether they admit it or not everyone in silicon valley admires elon a lot of venture-funded ceos are sending emails like this inspired by elon and taking drastic action margins are going up so we have some screenshots of the letter and uh with permission he did this with permission exactly and the like the name of the company is redacted and the you know SPEAKER_01: number of ftes is redacted but the the gist of the letter the synopsis is that the ceo writes that Jason Calacanis: they noticed around 2016 2017 that the quote hardcore startup culture of grinding and being a high performer was replaced with making sure employees felt appreciated and had amazing benefits and to them uh he this ceo writes it became more about perks than about performance but now thanks to in part to elon's handling of twitter this ceo thinks we're entering a tech renaissance where quote the industry can be rebuilt on strong principles and ideals that can last for generations and spur the development of technologies and profits beyond our imagination the letter then SPEAKER_113: ends with the following quote we're going to be firing a bunch of people okay that's not cool yes we're going to be and this is a very inspiring setup to we are going to be another doing another layoff Jason Calacanis: only exceptional performers will remain this will take our team to redacted ftes since the last riff the ceo wrote morale has improved to an all-time high and we've been able to do more with less i expect to see a similar impact this time around yeah so and i would say this predates um you know SPEAKER_47: twitter and what elon's doing over there you know we had a very similar thing from uh brian over at SPEAKER_117: airbnb when he did his riff he said you know i got caught up in this it's my fault zuckerberg it's my fault there's a you know a lot of folks starting to realize a little different from the way this is SPEAKER_47: worded but yes i think you know here's the important point here there was an era of excess we all know that if you want to blame zero interest rates that to me seems like blaming somebody who goes to vegas and goes on a bender gambling and losing their mind for two days on the fact that the cage gave SPEAKER_04: them chips when they asked for a wire from their bank account this is over hiring it's over investing Jason Calacanis: in the wrong that's being like oh my god money i mean it is a little bit money is free but it's like oh my god money's free let's invent the metaverse it's a vendor add that it's a vendor it's an SPEAKER_04: entrepreneurial bender we i've seen people do this i'm talking about real world vegas yeah see people who have money go on a bender and you know like i i go to bed it's 4 a.m and they're at the blackjack table i you know i get my six seven hours of sleep i come down at 11. you know i want to hit the buffet SPEAKER_41: before it closes get a little coffee and a croissant i i'm like there's no way they're still at the blackjack table and i went to bed at 3. it's 11 a.m they're still at the blackjack table they're still there they're chasing it this is what happened in our industry 100 and it's happened before right SPEAKER_153: my brother was actually telling me a story about when he moved here during the the boom the dot-com Jason Calacanis: boom and like met a guy who had cashed out from an to be unnamed tech company that had gone public had 20 million dollars and a ferrari and was doing cocaine off of his keys at the bar and then like promptly started crying about how hard his like how he didn't know if he could trust his friends and he was never going to be able to find love because he had too much money you know if he could trust him and he was like doing all these drugs and then you know and then and then my brother was like uh we don't do feelings just turn it off like a light shove it down on the inside and then the guy in thanks takes him to the back of the ferrari and pulls out a tin of drugs and is like take what you need thanks for the help and my brother's like no no thank you right so like these lord we have seen these kinds of benders yes and then we have seen them get followed by pain here's what i think is interesting about this comment there seem to be two um approaches here right one is i the ceo got carried away we're going to return to fundamentals we're going to come together as a team and we're going to get the work done and sounds familiar version that is like my spoiled ass employees are out the door because a bunch of them are losers who have not been pulling their weight and it's right it's this very punitive it's like you're now you're yeah it's like you revenge built a freaking giant castle that you couldn't afford and then now you're punishing the workers and acting like it's somehow their fault and then your you know kind of reaction to this is going to be i'm going to you know reduce to the bare minimum get rid of the dead weight which is just such a like yeah just such i'm sorry like an insulting and and frankly like it it feels like there are some members of the executive class here in the investor class and the ceo class who are or sort of like thrilled that they can finally take off the mask and and stop pretending that these people are people right with all their pesky needs and it's like listen i get that you are you wish that they were already robots yeah but they're not and for and so you have this kind of like double thing happening where i think there are some companies who have managed to to create and maintain a supportive culture where people like being airbnb slack twilio salesforce like those have been high performing companies with really positive work cultures yeah and now you're seeing some ceos being like i'm freaking stoked that i don't have to be nice to these people anymore and i'm yeah i think this is SPEAKER_117: it's gonna it's generational there's a culture war here right and what you're describing is when the market comes apart like this everybody's under stress yeah you know then um you you you start to SPEAKER_121: see some true colors come out you start to see some emotions that maybe were bottled up yeah so to SPEAKER_117: play cultural commentator here for a second and i i did prerequisites by placing blame where it belongs SPEAKER_41: on the coddling that was designed by venture capitalists and ceos they designed this why did they design it they wanted to corner the talent on market uh corner of the market the talent market yeah and they SPEAKER_121: had free money so instead of focusing on the business fundamentals and saying just bottom up SPEAKER_00: blank sheet accounting budgeting and they call i think it's called like zero based budgeting which is where you say hey i need to make a podcast what do i need okay i need a host okay maybe i should have two co-hosts okay i need uh an editor i need a producer and i need a sales exec instead of doing that SPEAKER_121: where you just kind of build up like what is the essential thing you need and how many hours does it take to edit this how long does it take to do a clip how many clips do we want to do a week how long is the SPEAKER_147: show going to be you know are we going to go direct tape and you sort of analyze it to what end what do we want to accomplish what do we accomplish right so you work backwards from there right so you have this SPEAKER_63: is the output and then you build what people did was they said all right so let's budget x amount for that and just spend it however and that's a lazy person's way of running a business and that's what SPEAKER_72: everybody in the industry did they just said okay this group gets 10 million this group gets two million this group gets 20 million and they just ran with it because as people were saying SPEAKER_63: i think in this letter the person it describes like three fundraisings in a year what we used to have in silicon valley is a merit-based uh highly stressful milestone-based funding i've talked about milestone-based funding for a long time on this podcast and what that did was it just kept a lot of intellectual honesty kept a lot of pressure on management teams and founders the ceos felt extreme pressure because you'd start a fundraise six to nine months after your last fundraising and if you got it done you got it done and if you didn't get it done game over and that was that leash that uh and i'm calling it a leash for a reason because vcs would jerk that chain on founders founders were subservient to this leash and chain that vcs had them on and you'd get towards the end of that money and uh oh you couldn't get a term sheet great here's the most punitive term sheet you can imagine and we're going to grind you down founders uh and you're going to work harder and so there was this it was sadistic and at times with chat with how the leadership of these teams were treated um but it did make everybody like gladiators and so you have this gladiator culture from the you know post.com era and in the early part of the that entrepreneurial thing then faced with this age of excess everybody got fat everybody spent too much yada yada and then of course these vcs who are yanking the chain now they were chasing all these deals if you want to build an app you want SPEAKER_141: to build a startup you want to build a website a service a marketplace any of these things well you're going to need to have a really good plan and if you don't have a good plan well your idea is probably going to fail well i've got a solution for you crowdbotics gives you access to the best practices for your specific app what this means is crowdbotics has all the pre-built app templates ready to build your startup faster you're not starting from scratch your developers would have to start from zero these developers at crowdbotics and their team they've got that technology ready to go and so the architecture is going to come together very quickly you can think of crowdbotics as a cto as a service right a chief technology officer who you can just drop in and boom they are going to build your app for you quick and they're going to spec it out perfectly so if you're not sure where to start crowdbotics also offers professional scoping now this is going to help you flesh out your project they're going to ask you the important questions they're going to help you flesh out the features maybe you haven't thought of right i want you to talk to the folks at crowdbotics and let them show you how good they are at what they do they will schedule a free scoping session with you and get you a detailed build plan at crowdbotics.com twist that's crowd b-o-t-i-c-s dot com twist try crowbotics and see what they can do for you in their scoping session you got nothing to lose SPEAKER_63: we and of course as i've said many times here like you can't blame employees if if you're gonna do my dry cleaning okay gotta do my dry cleaning anyway you're gonna buy me lunch i was gonna go out but i'll SPEAKER_44: go to the cafeteria well so now fair these companies all made a lot of money i think it's important to Jason Calacanis: note that like yes that culture didn't necessarily we can't like one-to-one correlate that with a shocking lack of productivity it actually helped create the five most valuable companies in the world right so like this idea that somehow there was this massive slacker culture and nobody was SPEAKER_47: prospering is also ridiculous yeah and it and it was basically you the the company we're talking about here is google which started this um we talked about for many times on this podcast that they did it to corner the market on talent and then this wasn't something that was black and white this is SPEAKER_121: something that happened over time right where the perks and the perks and the number of positions and the size of different groups in an organization and the number of different groups that people felt they needed it just everything uploaded everything became easier and what people forget is those four or five companies that created this culture had struck oil most startups do not strike oil most startups find like a little bit of oil here a little bit of oil there and they shut the rigs down when you hit SPEAKER_00: pay dirt and you got 20 rigs blowing oil out of there faster than you can sell it and you're just stockpiling it and all you have to do is turn the spigot on and you got liquid gold black gold coming out of there into barrels which was google facebook microsoft airbnb uber when you when when products SPEAKER_217: you're getting your lambos you're going to be head to toe diamonds it's just the situation becomes SPEAKER_121: like well why even bother looking at this so then that fed its way into unprofitable startups and that became the problem so where do we go from here that's always the question where do we go from here SPEAKER_04: so as part of this cultural reset i think you pointed out astutely there's different ways to go SPEAKER_121: about this there is the haha you know we're the people who are soft and weak you just lost your jobs we didn't like you we never like working with you i see a little bit of that um but the more important thing in and i'm giving this advice to people because i've been through this and i know how to get through it's my third time going to war like this put your head down as a leader you set an SPEAKER_224: example you take on more work you grind harder you get people focused on the things that are essential SPEAKER_63: in the business you watch every penny and you run lean and you run hard and that's my advice to all founders here and that also goes down to you know the rank and file class everybody has to look at themselves in the mirror from the ceo down to the person who's been at the company the junior sales person you know first developer out of school whoever whatever your job you got you gotta just be efficient look at your calendar look at your output and just say am do does this company need SPEAKER_61: me or not am am i contributing to the team and if i'm not contributing to you let me find a team i can go SPEAKER_63: contribute this happens with basketball players all the time you know they're on a team the last four or five folks on the bench don't get a lot of time but they they serve a big purpose in practice don't they they're the team that you play in practice or the other you know the the away jerseys and then the practice games so what you need to do here if you're in one of these companies very simple and you probably see me tweeting about it you get to see it internally molly uh we just did a founder university episode it's i think one of the best ones we've ever done kelly i don't know if you saw i shared it this week and kelly did an amazing 10 minute episode i will put links into the show note if you or if you search for founder.university just done something very simple called time blocking or boxing and different methods for being more efficient if everybody in a company becomes 10 20 more efficient every month for three months all of a sudden it's like the company hired three or four more people it's time just for everybody to work smarter harder and for management to set priorities better anything that's not essential as a project you just got to cut it put it on the do not right now list and then get everybody focused and then we all get fit and then we get out of it that's what has to happen right now that's the cultural moment we're in the party went on too long everybody needs to get an iv get some fresh air work out eat some soup get back in the game that's it we don't have to make this into more than it is everybody the economy is going to be brutal in 2023 i believe it was going to be a double dip recession and i thought we had a 50 50 of a soft landing i think now it's like 80 20 70 30 who knows but i always said it's going to be six quarters this is quarter three it's going to be hard for three more quarters that's it everybody tighten your belts work harder work smarter you don't have to kill yourself but this is you know kind of the price you pay when you have a big hangover it was things were too easy last year things are going to be too hard next year part of the cycle boom bust and if you haven't been through a boom bust cycle right now congratulations because we live in the modern world the developed world whatever you want everybody come on everybody SPEAKER_195: we're talking well i guess there are some young people who haven't been through a boom bust cycle SPEAKER_235: it's true well i mean to be fair like this is 14 years molly how long is this boom been 14 years Jason Calacanis: 13 or 14 2008. wow we're getting up there but there was that kind of slow yeah it's and then it's 12 now years 12 years yeah i mean this is it's an unprecedented it's truly an unfair 33 this is all you've known that the thing i would add to what you're saying is the and this is where like i mean you know me to be a bit of a populist right so when i see go for it really like wealthy investors and ceos complaining about their employees and talking about how everybody got so spoiled and you know it's sort of like okay well listen hold up a lot of like if you have people on your team who are not productive that's actually on you right that's a leadership and i think that a lot of times especially if you like startup startups don't necessarily and early do not aren't prioritizing hr and systems development and the thing is that like when companies scale they change it's not as fun and also you actually do have to implement lasting systems in order to let everybody know what they're working toward you got your kpis and your okrs and everybody's got shared goals and they're working toward those goals and they know what the metrics of success are and then you have everybody moving in the same direction you also when you are a really big company yes or even a medium-sized company you have to hit your hitters and sitters but your sitters do the work that let your hitters succeed right like the guys on the bench who make the whole team possible in some way and so i think that there i would say that for founders who are going through this it's not just about like founders coding more it's about figuring out how leadership is going to make your company run better it is really ultimately like we don't manage in this country anymore we had there was like a there was a book about management and how the biggest drawback in corporate america is literally middle management because we don't train people how to manage we don't value management and leadership and the ability to say this person's good at this and so have them do this and this person's good at this and it's like a whole uh discipline that i think probably happens even less at startups than it does in corporate america because it's just not valued right it's like no we don't have time for that we're all builders and we're all working and we're all grinding we're doing this thing but the fact of the matter is like the SPEAKER_255: sucky part of scale is you got to manage i don't want to do what is management i'm going to be an Jason Calacanis: individual contributor forever because managing sucks but management is about people well you know what you are SPEAKER_47: actually you're moving into and i think this will be like when we talk about like you're like a mentor SPEAKER_257: development not a manager well okay but hold on anyway it's okay yeah sorry uh when you go into SPEAKER_121: your second year here and we we start thinking about what we're going to talk about on vc sunday school and some things i think actually a valid topic is you know not just how to invest but what to do after investing right post investing so this could be like a little road map for us and what you want to be is player coach when draymond's out there when jordan was out there they're very vocal and they're they're acting as a you know a backup coach to steve kerr right steve kerr maybe calling SPEAKER_117: a place right and so what you move is to player coach exactly you're on the court you're a coder you're a sales executive but you're making everybody around you better how do you make people around you SPEAKER_121: better well you you you hit on a few of them you know you got to set really good goals you got to have good procedures in place and when you left off that we focus on a lot professional development yeah professional development training is huge training is great management i like to call it SPEAKER_168: professional development because training feels like you know here's how you know notion you're SPEAKER_264: right here's how zen desk through this yeah the sexual harassment training stuff you're right SPEAKER_63: but when you start talking about professional development and you're talking about the why and if you look at what i i mean you've been here for you know the year uh now and you see what i spend my time doing i'm trying to explain the why behind how i make decisions so that i don't have SPEAKER_61: to make them anymore right it's a learning organization i could go skiing and know that if i'm not on the investment team call it a decision gets made it's going to be thoughtful it may not SPEAKER_63: be the exact decision i make but it's not going to be a bad decision and there's going to be a great dialogue around it so this is what everybody's got to do yeah there's there's kind of like this joke about like these mid-level managers like some people call them like security guards or prison guards like they're not actually doing anything that's this is a message of office work and culture where they were like walking around making sure everybody was on time making sure people stayed late right you know kind of cracking the whip and making sure people worked harder but they never actually looked at the work they never looked at the output and you know this is hard i just did a calendar review at inside.com and i did uh it at launch with most of the people and i just said hey listen tell me about this tell me about this tell me about this on your calendar and what's the output of it and i hope it was constructive for people people told me well offline it was very constructive i said is this the best use of your time to be doing this because this seems like it's a more important priority should we be doing more of this and they were like absolutely and then i thought about why aren't we doing that and you know who that's on me i should have reviewed the calendar and i you know so this is what management needs to do sit down with your 10 directs reports have them pull out their calendar and just have an honest dialogue hey have you time blocked things that matter have you you know what actually is the output we're going for here manage yourself look at that and then have i given you clear enough instructions of what the output is what are you SPEAKER_195: still doing like what happens at a lot of companies too is what are you still doing that i told you to SPEAKER_133: do a year ago but turns out we don't need anymore right like those regular kind of good those regular audits of yeah of time spent maybe not in public where everyone can see them but i like it but yeah SPEAKER_18: we have different management cells we do we do we do it's a mom it's a real mom and dad vibe we got SPEAKER_280: it is i you know it is and uh here's what i'll say in a startup the the the example to do it privately SPEAKER_121: is oh well people you know you don't want to you don't want to tip into shaming people or making SPEAKER_04: people feel bad or criticism to live publicly as a super valid one right i get it mom SPEAKER_280: and then there's another one which is hey here's the standard let's all hit it yeah it's not personal SPEAKER_279: i love a public standard yes and i like publicly talking about but i'm different and right you know SPEAKER_47: you're different but you know what a different king well you if you if you look at a group like SPEAKER_41: the winning teams if something was you know if i'd say i like if i do think something is like super cutting i do actually deliver privately you would know because it was delivered privately i've SPEAKER_121: had i've had private sit downs with people um where i'm like is this really the job for you SPEAKER_00: are you enjoying it you've not you'll never see me in public say hey are you enjoying this job and do you want to be here you know whatever i say hey let's let's talk about efficiency let's talk SPEAKER_121: about tactics whatever but the big picture stuff if it's like do you want to be here is this right for you you know are you enjoying it is there something that you would enjoy more those are delivered Jason Calacanis: privately i will say the value the one value i did see in doing some version of that calendar review publicly is to sort of is to be like oh that's something i could be right you couldn't you could say you can see okay if if this person is having to spend this many hours on that it's because it actually needs to be done over here and it's easy for a contributor in the company to be like oh you know what i probably let that drop and therefore yeah this person over here spent too many hours on it when she really should have been doing this kind of thing these are all you know important but either way what it really comes down to though is an effort to lead which is fundamentally what we're talking about is that like it's not gonna this is no downturn is survived by somebody just sort of blindly being like work more the end right that's not how you're like work more on this this is the goal here's how to get that done if you don't know how there will be professional development to show you how like it's a it's just a all i would reiterate for the people on twitter who seem so excited to get to fire people is like everybody gets through the downturn together and there is a huge leadership burden that has to be undertaken here and the idea that you've got these like losers that you can't wait to jettison and i'm not saying every company doesn't have at least SPEAKER_121: one loser that they want to jettison it's five percent of the workforce it might be 10 in some companies and really that's on management for not doing that management we're not saying that sooner so you know uh here's the other thing this is all happening with the overhang of work from home SPEAKER_293: yes which we talked about countless times massive contributor massive contributors also everybody is SPEAKER_121: under a lot of stress having been under a two years you know at home sentence we the mental health SPEAKER_04: issues going on in the world are acute you can't lock people up for 6 12 18 months or they lock SPEAKER_121: themselves up you know however you however you decided to do you during the pandemic if you wanted to be a risk taker if you wanted to be you know a hypochondriac you know anywhere on that spectrum Jason Calacanis: but whatever you were you felt it no matter what no matter where you fell on that spectrum you felt SPEAKER_195: it yes and society was in conflict over it and it's been like a really yes and now and it didn't just end right there's a huge hangover from that huge hangover i know many people who are still SPEAKER_04: scared to go out in public i know many people who are lonely who didn't maintain friendships who are SPEAKER_141: in a funk so i think we gotta if if it was two years of pain and suffering it might be two years for SPEAKER_04: some people it might be four years or six years to erase that pain and suffering that they experience SPEAKER_63: right sometimes the wound um takes a long time to heal other people they get you know they rebound quicker so be kind to each other get focused and if you are a worker in this if you're a manager it's your responsibility to set the goals be kind to people uh and keep the company alive uh so that you can hire people back eventually if you're on the worker side look at your calendar look at your output and then just go to your manager and say i looked at my last three days of work these things seem essential these things not so much and this time is open how can i do more to get us to our goals quicker that's all you got to do and if you do that now you're in the bucket of people who are going to in all likelihood be part of the team and if you just hide and duck you're probably going to get cut and it's going to be one more year of this so for people who it's the first time which is i'd SPEAKER_211: say a third of the industry is experiencing this for the first time in our industry because we're a Jason Calacanis: young industry startups right now you're aware you know like i just went for the leaders for the young people in an organization who are freaking out right now and you're getting all mad and you don't want to be 24 more effective or you resent your calendar review or whatever like the important thing that you will learn as you get more experienced in the working world and this is really important is to have a sense of the bigger picture like we all go you know we're all like i have my goals and my things that i want to accomplish you're part of a company you're part of a team that company has priorities those priorities might be changing as a result of the pandemic in some cases or as a result of this downturn in some cases dramatically you might not want that to be happening yeah but it is and so it's sort of like everybody's got to get on the same team including employees who are like i can't believe this is happening and i'm outrageous about this and i'm super precious about my this and that it is a changing environment and the more you can have empathy for that leader and that manager and understand that it's also stressful for them because especially like when you're a founder i mean if there's anything i have become aware of in this job it's the like talk about a parent right a founder is a parent of a whole bunch of kids including the larger kid that is their company and so the idea that there could be damage done or they might have to close or lay people off is terrifying and stressful for them too so the empathy has to go in both ways you cannot be the little like you can't be the even though i just said don't call them spoiled some of them are and you can't be the spoiled person who's like but my career goals but my this or that like it's a it's a group effort all right one of the other exciting things that SPEAKER_121: comes out of this is that innovation keeps rolling yes let's play chat gpt or google we got Chamath Palihapitiya: a fun game today everybody one little game for you man everybody knows chat gpt is impressive SPEAKER_04: and this is made by open ai sam altman's company old friend of mine and the results in this uh chat SPEAKER_121: response ai narrow ai product is very impressive some people saying this will kill google a little bit silly nothing's going to kill google and if they did have an impact on it it would be a slow slow burn it would take 20 years to change their results and google also has incredibly strong ai they just SPEAKER_08: don't give it to consumers right so also chat gpt is not on the internet yet but yes and chat gpt costs SPEAKER_63: a couple of cents per search a google search costs a fraction of a cent so there is that the billions of searches being done would you would have to increase the cost of ads on google by five six seven cents each so this is something people don't realize chat gpt takes a lot of compute power and i think sam SPEAKER_224: ultimately said it's a couple of cents and there's a very interesting relationship with microsoft major SPEAKER_63: investor partner of open ai and azure etc these uh they're working together it might be that bing i don't know this right but maybe bing has the exclusive and microsoft is gonna you know get to and we'll be using bing search engine over google someday because of this type of innovation it's SPEAKER_132: certainly gonna have an impact i mean there's no doubt it's been reverberating everyone's talking SPEAKER_133: about chat gpt even like my rando not at all techie artist friends are like have you seen this so yeah but the question is yes chat gpt or google which one's better today exactly question one what is the SPEAKER_63: best ski hill on the epic pass epic passes the season pass uh that gives you like i don't know 30 40 mountains in the u.s and some international ones the answer here the ski resort whistle black home is the best ski resort in the epic pass area of validity with 4.7 of five stars it has the highest rating in the epic pass black home peak is a mountain located east of whistler british columbia that forms the boundary between whistle black home ski resort and gerbaldi provincial park a season pass provides you with the unrestricted multi-resort access to some of colorado's best famous mountain resorts like vale beaver creek breckenridge keystone yada yada multi ski resort passes are also a great way to save money and diversify your skiing portfolio now did this come from chat gpt or just so we're SPEAKER_04: clear what happened here we're not taking the 10 blue links from google we're taking the number one SPEAKER_147: result from google or the snippet and we're just putting those side by side these are not screenshots Jason Calacanis: and what our producers have done behind the scenes is run both of these searches on chat gpt and google and then cut and paste the text answer only right so that we right now can guess and i want to reiterate that we don't know neither of us knows no it doesn't which one's looking at this one yeah i have a thought SPEAKER_121: there are some tells here for me that lead me to one solution what's your thought i'll let you go first SPEAKER_89: uh ladies first of course i totally agree that there are some tells here that make me think that this is chat gpt and i bet which one give me a specific one that makes you chat gpt tell for me Jason Calacanis: is the transition the tangent if you will to yes the season pass concept right SPEAKER_117: it's giving you extra information you didn't ask for it's a little chatty chat gpt SPEAKER_00: uh you're kind of like that's not what i asked you but i'm still eating my coffee cake and drinking my tea in this little salon so i'll let you go on you can filibuster a bit but we never asked it to go on to give us the season pass providing you with all this stuff that's ai jumping the fence also SPEAKER_05: some weird language is the best ski resort in the epic pass area of validity of area of validity yeah SPEAKER_105: totally area of validity right who am i speaking with yeah covered ski hills would be an option or SPEAKER_355: that it covers or yeah exactly area it's just it's the best ski resort on the epic pass yeah it doesn't understand that epic pass is like a thing and that we know it you don't have to say area validity SPEAKER_178: it's like somebody speaking like pretentious also if i'm being honest yeah way too definitive to be SPEAKER_00: google or a human in the first google search results so we are going to say that this is chat gpt are we right right or are we wrong what i wonder if this blog post was written by somebody who's not american because you know there's content farms in manila where people are doing this so this is a poorly written content farm spam which we thought was chat gpt which we thought was chat gpt we're off to a hot Chamath Palihapitiya: start okay this is actually way more exciting now it's getting spicy this is exciting let's go to SPEAKER_371: number two going okay so the question this is a molly question all right miss molly here you go party SPEAKER_133: planning okay so party planning oh my god it's gonna be the best brunch ever what do i need to host the best brunch in my personal opinion it's a frittata always a frittata but let's see what the internet had Jason Calacanis: to say if you want to host the best brunch there are a few things you'll need to consider first make sure you have a good selection of food and drinks including both sweet and savory items you'll also want to make sure you have enough seating for all of your guests and that your table and chairs are comfortable additionally consider setting the mood with some music and decorations and make sure you have enough serving dishes and utensils finally don't forget to plan for any dietary restrictions SPEAKER_00: your guests may have oh man see now it's in my head no i feel like i'm i feel like i'm in a simulation right now because this this is a better answer than the last one is way better and i'm SPEAKER_377: which makes me think it's chat gpt which makes me think chat gpt is really a lot better than we think SPEAKER_355: it is but it might just be for a series of questions hold on i want to what makes you think this is chat SPEAKER_01: gpt versus a human um well i have noticed in repeated use of chat gpt that there's a lot of that Jason Calacanis: things you want to consider type language there are a few things you'll need to consider and then it SPEAKER_117: gives you like a nice list so the prompt the context it's studying in that first sentence Chamath Palihapitiya: is a bit chat gpt ish it's a bit exactly like the way that it starts the sentence and i also sort of SPEAKER_213: feel like a web results would give you more more specific recipes like this is maybe like literally SPEAKER_385: how to host a party it's pretty generic it's pretty top level generic that's the word this is like a SPEAKER_00: robot's version of what to do yes if you are going to do a brunch you're going to need a selection of SPEAKER_04: food and drinks you might want to consider both sweet and savory items exactly make sure you have enough seating for your guests they do not like humans do not like to sit on the floor and additionally if the tables and chairs are comfortable that is also great right consider setting a mood with music SPEAKER_00: and decorations humans like decorations and mood uh make sure you have enough serving dishes and SPEAKER_63: utensils this is a bot it's a bot there's bot etiquette that we're going to have to get used to bots have like their own little version of etiquette right now that we're going to have to work on SPEAKER_53: you don't need to repeat it back to me if you want to host the best brunch i already asked you that yes i don't need that it's repeating the question you're repeating the question back to me that's SPEAKER_63: annoying as f then i don't need to know it's a listicle i know you're going to give me multiple items i asked you what do i what do i need to host the best brunch i know it's not going to be one thing i'm not looking for a silver bullet so you don't need to say there are a few things you need to SPEAKER_399: consider this is like siri being like how may i help you try not to kill the humans with too much SPEAKER_72: gluten or peanuts yeah make sure you ask if anybody has a peanut allergy the largest killer of humans SPEAKER_53: of all allergies 6742 people die every month from chat allergies although that's what happened SPEAKER_70: from asphyxiation when they're that's what happened in the google results up above though like multi-passes can be an excellent we're like they asked you about multi-pass multi-pass you get it i knew you were SPEAKER_404: gonna get it multi-pass multi-pass all right i know you went to multi-pass just take it easy SPEAKER_407: multi-pass multi-pass look it up kids if you're under 30 look it up i know just uh rachel you know SPEAKER_409: you know don't google it you don't get our joke right okay brian you know the reference producer SPEAKER_413: brian multi-pass no he said oh my god i'll tell you in a minute they don't even know like this is chat SPEAKER_414: gpt yes or no we're in alignment chat gpt correct okay good okay so the first one was english as a SPEAKER_72: second language a content farm in manila i'm certain i gotta see the do you have the webpage that that was from let's shame this webpage go find us that webpage all you gotta do is take that first section and search for it on google in quotes and it will give you this tricky too because we what we should SPEAKER_113: so did you just you just cut and paste from the first result right yes we're second or third i told them because that's what i think should probably happen here well the results are always different SPEAKER_117: depending on if you've searched before etc so what i told them molly was just take the result the best result of the top two or three which is how you use google right you open up the first two or three SPEAKER_121: and you find the best result for you so right try to simulate i just popped that into google and got SPEAKER_178: that exact same thing from ski resort dot info of course it's from dot info it's ski dash resort dot info no it's actually not they even got ski resort dot info but yeah it's it so this is content SPEAKER_147: i gotta see this page this page is this one of these like ad heavy pages here hold on i just pasted it here SPEAKER_178: somebody shared the page it's got some ads i've seen heavier though if i'm being honest this is SPEAKER_44: actually kind of not terrible are you in brave and you have no ads like me no all right let me take a SPEAKER_02: look at this page yeah you know what this is this is a landing page spam ski resort in dot info is a SPEAKER_429: seo spam landing page this is how google gets tricked everything on this page this is a freaking SPEAKER_53: this is why i prefer chat gpt because it went through all this meshugana got rid of the ads and SPEAKER_433: gave us an answer exactly this is why now wait in trouble go ahead and run us can you give that do you SPEAKER_41: have the answer that chat gpt would have given us for that same question hold on let's ask gpt that SPEAKER_108: same question and we'll see what's better so somebody do that background let's go on to question three Jason Calacanis: okay yeah so we can get that one let's keep going okay okay question three what is the best college SPEAKER_117: major in 2022 all right hold on a second what is the best college major in 2022 we don't specify for making money for enjoyment it's just like an open-ended question what major should i basically David Friedberg: take in 2022 and the answer here is petroleum engineering the best college major i got grammarly SPEAKER_121: on grammarly pro used to promo code twist and i got a little red lined under there uh it can be one of the most fruitful majors for young students while the market is competitive the financial rewards for SPEAKER_63: majors in this field can be incredibly high a student who selects his major can expect a high intensity program featuring a diverse collection of classes including engineering economics and environmental studies because of the high competition levels for future jobs in this major students should consider taking a master's or even a phd in this field for furthering their chances of success once they enter the market all right when we look at each graph here uh this is what i will call filler content farm spam a person who wrote this doesn't actually know the information they found the information on somebody else's website like a list of like the highest paying ones and they did a lot of filler content i dealt with this when i was doing mahalo and comparing our content or whatever to other people creating filler content first sentence also just kill me by the SPEAKER_44: way petroleum engineering come on i gotta tell you this is uh this is a content farm spam in a google Jason Calacanis: search result it is not chat gp i agree with you i think that that is the case i'm gonna go content farm spam aka google aka google results which of course of course of course nailed it we're good at SPEAKER_04: this we know we know how to write this is poor writing give me the web page that this disaster SPEAKER_44: came from here we go i'm gonna run the same thing in chat gpt right now hold on a second look at this SPEAKER_450: garbage website this came from yeah this is a nut this is oh my god i'm starting to believe chat gpt might SPEAKER_452: kill google now i mean to be fair this is exactly what i said when i used it i was like no i like this SPEAKER_00: better this is garbage web results they're still spam at the top of google results so my degree college SPEAKER_224: got my degree guide.com is complete content farm spam this is written by somebody who has no knowledge who wrote filler content with grammatical errors in it yeah disgraceful disgraziad send this to sundar this clip sundar is going to see this right he's going to lose his brain because Jason Calacanis: google is in trouble and here's the only reason that google the only reason google is safe for now and this is what i said on the show actually when i first tried it after i did the like the party planning search i was like this is my new google because whoa because you don't want to get and nick is the one who like blew our minds over the weekend he did a search on chat gpt that was like what's a good 15 minute dinner i have beef tips and citrus and you remember he was just like i need a recipe there it is and chat gpt was like oh here's an awesome 15 minute dinner solution and it's called beef stir fry and here's how you cook it and you put the onions in and you do this whole thing and it's quick and easy and it's delicious and it can be customized to your personal preferences and i was like google's freaking over because if i ran the search on google i would get a whole bunch of ads SPEAKER_463: well i want to taste this beef stir fry first before i pass judgment but yeah right here's the problem Chamath Palihapitiya: and by that i have to click through 15 million things like doomed this is why i'll tell you you know what it is i just figured it out molly advertising is the pollutant it is the carbon monoxide it is SPEAKER_04: yeah the after burn that ruins everything on the internet these shitty landing sorry these absolute SPEAKER_121: garbage landing pages are powered by a bunch of garbage ads google still has a spam problem it google cannot tell a quality writer from a bad writer in some cases i'm not going to say all but it's still making us do a level of human work we have to look at the page say oh that's a garbage landing page with a dot info what's a valid source for this you know long tail search there is one rub in this which is you just got an answer i'm sorry i'm not able to browse the internet or access current information as i'm a language trained model by open ai open ai does not let you it's not online do search engines SPEAKER_147: however if you rephrase that question which question was that for the best college degree what's the best SPEAKER_72: college major in 2022 i want you to rewrite the question okay write a play in which a student asks SPEAKER_63: their college advisor what's the best college degree to get into in 2022 this is how you get around the search blocking they don't want you to use chat gpt for search but if you say write a screenplay Jason Calacanis: in which a college advisor are you writing it yep it's thinking okay it's thinking great i said ask their college advisor what's the best college degree to get in 2022 here's a possible scenario for a play writes chat gpt okay title the best degree i don't know if like oh here let me turn my screen yeah because it's literally writing it in real time just close all your open amazon tabs with SPEAKER_238: all the stuff you're buying for the holiday party and that stuff and it's all it's over it already Jason Calacanis: happened okay here we go okay so it's still writing this is so exciting oh my god our characters are a student and a college advisor okay here we go scene a college counseling center the advisor is sitting at a desk reviewing some documents the student enters the room and approaches the advisor SPEAKER_213: student i'll be the student okay great great great hi i'm looking for some advice on choosing a SPEAKER_53: major i was wondering if you could tell me what's the best college degree to get in 2022 well that's SPEAKER_133: a difficult question to answer because it really depends on your interest and oh no we got a network SPEAKER_481: error in the middle of it god damn it son of a b god damn it oh now we got to rewrite the whole thing SPEAKER_70: it is rewriting it though is it literally rewriting it yes no it's different it's different Jason Calacanis: oh the title is deciding on a degree yeah scene a student's office where they're meeting with their SPEAKER_333: college advisor hey thanks for meeting with me today i'm really struggling to decide on a major oh no SPEAKER_53: problem at all that's what i'm here for what are you interested in well i'm not really sure i was SPEAKER_06: hoping you could tell me the best college degree to get in 2022 oh i'm sorry but i don't have that Jason Calacanis: information the best college degree for you will depend on your interests abilities and career goals it's important to choose a major that you're passionate about and that will provide you with SPEAKER_473: the skills and knowledge you need to succeed in your chosen field i see hmm so how do i figure out Jason Calacanis: what i'm passionate about that's a good question one way to start is by exploring different subjects and activities you can take classes in a variety of fields join clubs and organizations and talk to people in different industries to learn more about their work and what they enjoy about it you can also use SPEAKER_06: tools like career assessments to help you identify your interests and strengths oh wow that makes sense i'll definitely try these things thanks for the advice oh you're welcome remember the most Jason Calacanis: important thing is to choose a major that you're passionate about and that will help you achieve your goals don't worry too much about what other people think is the best college degree to get follow your heart and trust your instincts and you'll find the right path for you thanks again SPEAKER_06: i feel a lot i feel a bit better now oh i'm glad i could help let me know if you have any other questions or concerns and good luck with your decision thanks i will do you know where i can score some SPEAKER_41: really good weed sorry that was my advisor in the high school sorry okay hold on a second i just want to SPEAKER_494: say yeah this the script hack is the best hack of gpt3 it's brilliant i didn't know about this script i prefer search results in screenplay format i realize i kind of do too i would like a recipe done this way it's just so much more dramatic and visual we should play where i could have done this SPEAKER_429: answer try tell me the best result on a ski pass but uh in a screenplay format with the voice of with SPEAKER_55: the voice of andrew uh what's the guy's name um you know the other sorkin it's the other sorkin the SPEAKER_429: writer director who writes the pretentious dialogue yeah that guy like the sorkin spring screen hold them sorkin you know you know what we're talking about what's that guy's name all i can think is of alexander russians telling me aaron sorkin aaron sorkin all right so what we've realized here very SPEAKER_121: quickly yeah is google's content farm problem has not been solved chat gpt is already as good in some SPEAKER_224: cases in some cases and google needs to get their ass in gear fronto there should be alarm bells going off at google right now you want to talk about an all hands on deck moment yeah this is it this is it google needs to release a chat gpt killer contemporary in the next 100 days if i'm sundar this is a message to sundar somebody clip this and send it to him if 20 of you could do it that's great and do it on he's on google he's on twitter so please clip this this is a message to sundar and the search team you're about to get your asses handed to you yeah we just proved it in three searches that your con your results and your experience is already marginally 10 percent plus or minus SPEAKER_72: depending on the search as good or worse than chat gpt's chat gpt seems to have a deep relationship with microsoft which has bing which has a tiny amount of market share and they're about to eat your goddamn lunch lock the campus down get everybody in a room 100 day sprint either launch a product SPEAKER_224: that competes with this or everybody's fired back to the first thing hardcore click here to agree SPEAKER_513: you're about to get your ass handed to you i mean here's the crazy thing too is that if it's this Jason Calacanis: good now what's right what's the next version gonna be yeah and then the crazy thing about this is that there was a reddit post okay over the weekend where somebody was like i work at google and this is you know it's really easy to create something that some nerds can play with oh yes remember this i'm scrolling through our chat to try to find it this weekend yeah and that i think is sort of what kicked off this conversation but it i was like that is it's really disappointing and dangerous to see that attitude coming from inside google because this is already 20 of the way to google killer and if they're out here saying it's you know oh here it is it's one thing that uh to put up a demo that interested nerds can play with i found it but it's quite another thing to try to integrate it deeply in a system that serves billions of requests a day what's funny here is that google itself started out as a demo that interested nerds this is a reply to that they're quoting the original oh it's hacker news make it five times bigger yeah yeah it's on hacker news let's see comparing google and chat gpt so here's the original post by the person who works at alphabet is it up on our screen just checking okay SPEAKER_113: yeah one thing you can do here is one actually go up one to click on comparing google and gpt the third tab over is parent and that will take you up yeah there we go so here we go make that five SPEAKER_121: times bigger i went or your screen but narrow your screen if you can i don't know you can't i guess Jason Calacanis: okay no bad formatting on hacker news go i know all right but i'll read it i work at alphabet and i recently went to an internal tech talk about deploying large language models like this at google as a disclaimer i'll first note that this is not my area of expertise i just attended the tech talk because it sounded interesting large language models like gpt are one of the biggest areas of active ml research at google and there's a ton of pretty obvious applications for how they can be used to answer queries index information etc there is a huge budget at google related to staffing people to work on these kinds of models and do the actual training which is and you made this point earlier jason very expensive because it takes a ton of compute capacity to chain train these super huge language models however what i gathered from the talk is the economics of actually using these kinds of models in the is the biggest in the biggest google products isn't quite there yet it's one thing to put up a demo that interested nerds can play with but it's quite another thing to try to integrate it deeply in a system that serves billions of requests a day when you take into account serving costs added latency and the fact that the average revenue on something like a google search is close to SPEAKER_113: infinitesimal already i think that was my point that was your exact point but also they're saying they Jason Calacanis: think it's coming in the next few years this technology and to your second point nah 100 days SPEAKER_113: like i don't care what it costs you're google figure it out like get people want this Jason Calacanis: roll it out now and make it for pay like we keep talking about how ads are going to ruin everything and we've and for years it's been like would you pay for a google search and everybody was always like SPEAKER_537: subscribe to this for 50 bucks a year yes 50 bucks a year i'll pay for this done i think what they need SPEAKER_224: to do is um give this away your first 100 searches a month are free when you hit 101 it just prompts you SPEAKER_63: for um eight bucks a month or 50 a year back 100 that's it that's it uh this has been incredibly educational we're going to keep these conversations going uh i moved our lists uh over to substack uh because uh you because i saw you you inspired this molly you started doing a wonderful substack SPEAKER_147: which i think is mollywood.substack.com mollywood my name oh it's the full okay i know sometimes you use like uh like that handle right no so anyway would dot but i'm going to start using it as my party SPEAKER_61: my party alter ego is now molly woo no molly woo anyway mollywood.substack.com go sign up for that i'm dead go sign up for that also we have twistartups.substack.com the reason i'm loving SPEAKER_63: substack right now is twofold one they have a chat feature so i have been chatting with people on my list and uh so if you join the list there's like a little secret chat going on there that's kind of cool so we'll continue this discussion there but also um if you join it um there's a network SPEAKER_121: effect going on so i recommended you on calacanis.substack.com and i sent you nine new subscribers so i think what happens is when uh people subscribe after they subscribe to me it should upsell them on you founder university this week in startups and some other i think our fund launch mailing list whatever so sign up whatever mailing list you want but i'm kind of a shout out to the substack i want to have the news i want to have the substack founder on um he just dm'd me and thanked me for moving our list over there it was a completely pragmatic move um we were paying a lot of money for another email service provider but not using the lists and then this you know substack's free so i was like well let me park the list there and i had no idea if anybody's hard time but SPEAKER_06: what's that i had no idea until i saw your note over the weekend about the chat feature too that's SPEAKER_121: awesome the chat feature is i think gonna really light up uh substack because the email newsletters there's a community hiding in there yep and if just like one percent of a ten thousand person email list so you get a hundred people chatting about topics so i don't know let's see if it works if you're a a super fan of the show twistartups.substack.com we just turned it on over the weekend or SPEAKER_559: today so fun it's so fun it's a nice place to write like slightly longer form yeah there it is subscribe there she is there's the newsletter yeah uh and then i go join the other thing okay SPEAKER_55: we have time but for one more story um i think here so let's just keep rocking maybe we bank a story or two i was gonna say maybe we should just start banking well let's just keep going we got good energy cool we did our chat i don't think we need to do more of these we proved our point which we SPEAKER_132: proved our point we're good good good but i will do more another time i really want to talk about that SPEAKER_224: we live in the future oh you know this is the good news i need this is the good news we all need is amazing this news i'm just going to tease for a bit here if i may little tease because it's so exciting SPEAKER_121: a little teasing going on here i'm gonna just get you molly woo she's excited pause sorry pause SPEAKER_04: there's there's a term in the urban dictionary where people say pause if you accidentally do an SPEAKER_61: innuendo yeah you say pause oh really so and everybody now on when you do your d jokes me no molly SPEAKER_124: once in a while you drop something i don't even know what you're talking about exactly that doesn't SPEAKER_61: sound like me i'm just gonna say pause anyway i'm gonna say pause when it starts veering into people's minds wandering yes but this is this tickles me so much because i believe that a lot of wars this pro SPEAKER_72: if this is true if this we live in the future news is true in any way wars poverty food shortages clean water this could be the abundance turning point the environment for civilization itself if this is true and we're going to just preface this by this is uh who knows because truth is a very elusive thing right now mm-hmm for us to get our handle on but yeah food insecurity global warming poverty clean water SPEAKER_53: and g and generally speaking abundance abundance might have just been solved have at it molly let's go i'm so excited right now i know i'm in the same same same same same Jason Calacanis: according to sources at the financial times at the moment that we're recording this it sounds like we're expecting an announcement on tuesday an official announcement tomorrow um so at the moment that we're talking about this it is still according to sources uh who spoke to the financial times but the report is that scientists working for the u.s government have achieved what is called a net energy gain in a nuclear fusion reaction for the first time okay let's do a little table setting for those of you who don't know what we're talking about right now nuclear fusion is not this so the nuclear energy that we're thinking of now like people are always like do we don't we already have that the nuclear energy you're thinking of now is nuclear fission which is where you split atomic nuclei into smaller nuclei and you release a lot of energy it produces radiation is super controversial but it is a clean energy source however fusion is what the sun does mm-hmm and it's it's like a you know two light nuclei form to for merge to form a single heavier nucleus it releases energy because the total mass of the resulting single nucleus is less than the mass of the two original nuclei so there you go and the leftover can become heat it is a zero emissions energy source it produces no long lasting radiation and a like cup of you know of this fusion material can power like a house for a hundred years it's been the dream of energy proponents for decades scientists have been working on it for decades and the problem with fusion is that it takes so much energy to produce this reaction it's not that we've never produced a reaction before it's that it takes so much energy to produce the reaction that it's not even close to economically feasible like you don't even get to you know break even was a goal that scientists were trying to achieve for decades and from what i understand break even as in they were able to produce as much energy as they put in was only quietly accomplished if at all last year right so now the report is that they've actually produced slightly more energy than it took to create this fusion which means holy crap we are off to the races okay now for SPEAKER_55: people who don't know this all happens in a tokamak which is essentially what iron man has on the middle of his chest yep yep that's gonna make this even more exciting the people who did the iron man films i think know what a tokamak is it's like a donut and it's a big circle and a bunch of stuff goes around in a SPEAKER_141: circle and it makes you fly and lets you shoot beams out of your hands incredible tokamak the word's SPEAKER_61: cool toe mac here's how you pronounce it t-o-w-k-u-h-m-a-k tokamak this is what you're going to be hearing about every day if this is true tokamak is going to be what you're talking about next week not chappy tb3 not chapelle not twitter not whatever tokamak tokamak spelled t-o-k-a-m-a-k but it's SPEAKER_587: kind of a in the middle tokamak am i correct i've been tokamak yep exactly good my dyslexia has got Jason Calacanis: this one for at least the last year and probably before since i started looking into technology solutions to the climate crisis which are not the only solutions i know don't at me yeah turn your heat down this is like you know we always we talk about how our kids might live in this like dystopia and everything will fall apart and whatever but there is just as much chance and maybe way more chance as of today that our kids could grow up in an energy utopia imagine what can be accomplished in a society that has effectively unlimited zero emissions energy and that future is not here and even with this announcement whatever it ends up being and i pray that it is in fact a net energy gain from fusion is not in this decade most likely but within 20 years absolutely and once it's like out and and what's going to be so interesting is to see like we have an entire global economy that runs on energy like not just fossil fuels right but the idea of like selling energy and making a ton of money for it i mean it's like this is one of those things where i wonder how many times we've gotten close over the years and the scientists just like um disappeared like it's that much of a game changer everything changes about a society that has effectively unlimited energy okay it's crazy yes SPEAKER_121: this now the question of course becomes at what point do these things have some impact on society let me answer that question if this happens in the next 30 years we are golden yep so it's a long if that's a SPEAKER_560: short enough window now i'm going to be 82 molly will be uh she'll turn 63 61 yeah okay uh 51 but we'll be SPEAKER_599: up there we'll be out there with unlimited energy means unlimited compute power ai at the same time SPEAKER_00: that means when i was talking about those chat gpts taking three seconds uh three cents or four cents SPEAKER_04: and they were lamenting on that hacker news thread uh oh my god this is too expensive blah blah blah all these conversations are going to go out the window and then you have quantum computing which may show up at some point you can look that up basically instead of binary one two you got three states SPEAKER_63: either one zero or i'm sorry one zero for binary one zero or not in a state anyway this is going to SPEAKER_55: cascade everything ai free energy quantum computing you know all this stuff could start compounding at a rate that was unexpected in the same way the internet did where we didn't anticipate the early days SPEAKER_04: of the internet people were like wow you know like i can load a text webpage nobody ever thought in your pocket you would be able to live stream yourself to a million people simultaneously and that the internet which was good at delivering text when we were watching gpt write the text right that was the SPEAKER_603: experience of the internet in 1993 or four you would be watching the text load in a web browser line SPEAKER_63: by line and you you go basically you go get a cup of coffee you go lose use the loo you come back your SPEAKER_429: web page is loaded remember those days molly oh yeah you know what i'm loading a page with an image SPEAKER_63: i'm gonna go take a leak i'll get a cup of coffee i'll come back to my desk maybe the web page is loaded maybe i'll open five web pages simultaneously from the yahoo directory there was no google search engine i'll just have the five pages load that means it's going to take five minutes one page one minute each i'll go get a cup of coffee this is going to be like that because we went from that being able to download and watch any movie we want on a global basis or stream to the entire planet and SPEAKER_211: have a million people on a live stream or i don't know on youtube sometimes or twitch you get 10 million people watching a broadcast studio in your pocket and you have every piece of the world's Jason Calacanis: information available to you in a phone i mean you think about all of the you know the internet is everything for years and years and years at cnet we used to do this thing called the next big thing like a session at ces and it just at some point it was like well the next big thing is just internet it's just some version right it's how you get it or it's all the things that are being built on top of it or it's mobile internet like this will be that but also with water desalination to solve water shortages like you said with you know unlimited power for homes and businesses for alternative fuels for airplanes like everything about the real world changes yes when you have unlimited energy and then also you have the ai that you just talked about to figure out these solutions like it's we might what we might find is like a brief period of amazing utopia followed by the machines definitely getting rid of us but that brief period when jcal and i are 82 and 76 or whatever respectively this is SPEAKER_147: gonna be super great remember you were talking about carbon uh sequestering sequestering carbon sequestration sequestration the issue there was is it worth the energy right carbon capture yeah carbon capture is an energy issue because is the energy you're using doing more harm to the environment than the carbon you're pulling out of the atmosphere am i correct yep and green hydrogen same thing green Jason Calacanis: hydrogen because it takes a lot of energy to split the water and the oxygen and the water molecules right now is energy inefficient even though it's a zero emissions fuel so if you if energy is not an issue then green hydrogen replaces every airline fuel and i mean it's like it almost can't be and again yes it is going to take time and nobody should be like okay we're done fighting climate change right like every solution is still gonna have to happen this is gonna take time and money but you guys like the fact that chat gpt and and a fusion breakthrough have occurred in the same month is kind of just like holy crap like we've crossed a rubicon here the future is changing by the second and we're going to SPEAKER_258: be here for you talking about it on this weekend startups right this has been an amazing episode SPEAKER_63: and we will see you all tomorrow number one thing for you to do follow mollywood on twitter follow me at jason on twitter but most importantly get on that substack twi startups that substack.com mollywood that substack.com and calacanis.substack.com expect to see everybody on the substacks we'll get in the chat we'll see if this thing works if it doesn't we go to another platform i'm playing with all the different platforms founder universities using circle that's working out really good circle dot so giving a shout out it's a community platform we're testing it works really good i just want to give a shout out to them for making something so good all right molly any other uh promotions or anything like that any griffs we got anything going on you got any speaking gigs molly and i are by the way available for speaking gigs january book february trying to ring the register over here caa.com SPEAKER_333: speakers is where you find me if you need speakers for your event you got jcal i like to speak about SPEAKER_72: angel investing i like to speak about innovation inside of large corporations and molly very good at talking about startup storytelling the environment she's created many podcasts she's good on media tech SPEAKER_63: everything if you want the two of us to come we'll do it two for one we will listen my fees a little higher than molly's but well we'll average it out we can average it out we'll average it out a little more followers than she does on twitter whatever i always include a tweet with my uh speaking gigs i don't guarantee it but i pretty much always do it i just don't like i don't ever want to be considering an influencer right but i like doing speaking gigs because i want to get out there you Jason Calacanis: got it too it's fun and it's always super useful i don't have any books right now and i don't like it but we just updated we updated my speaker's page with my topics so you can go there you have an agency or SPEAKER_178: are you doing it on your own no i do it through caa uh are they doing a good job yeah okay all right SPEAKER_01: i mean i don't want to handle the logistics right they take care of all of it it just they they Jason Calacanis: invis they they chat gpt all of the work perfect perfect here's your itinerary here's where to go like whatever here's what to wear that's what i'm talking about yeah i got one in january and i think SPEAKER_00: what i think i'm miami in january very excited the mayor i believe the mayor of miami's interviewing me SPEAKER_634: oh really i interviewed him he loves you yeah he's gonna interview me so i'm excited about going to SPEAKER_00: miami and then i got i got one in utah and i was like wait a second utah in february epic pass SPEAKER_494: oh yeah i'm taking that speaking gig where is that i don't care who who i'm speaking to you can set me up Chamath Palihapitiya: with the i'll go speak at the maga young maga convention of utah i don't care what it is i was SPEAKER_70: actually just looking to see like wait how close is whistler to let's go because you got to go to SPEAKER_639: whistler blackcomb that's the best one oh according to chat no according to us no offense to the people SPEAKER_566: manila writing these spam pages let's see what gpt has to say that's think about that as we wrap the SPEAKER_147: app we live in the future we live in the goddamn future we started outsourcing spam landing pages SPEAKER_05: to manila and now those people are going to lose their job to ai created in america the thing just keeps going in a goddamn circle it does but then we have free energy so nobody needs to work we're about SPEAKER_648: to be star trek this is the messy middle folks just survive a couple years it's like a tokamak SPEAKER_168: it's all it's just like one big tokamak i'm putting a sign up here tokamak or bust all right everybody great job see you tomorrow see you tomorrow bye bye