715
00:46:40,640 --> 00:46:47,440
on nothing and these companies didn't have the money they didn't have the expertise maybe they
716
00:46:47,440 --> 00:46:52,640
had a good idea but it was too early and the dot-com bubble crashed and most of these companies
717
00:46:52,720 --> 00:47:00,800
went to zero they went out of business web is the example I use simply because webfan was
718
00:47:01,680 --> 00:47:10,320
a spot-on idea how do I know because 25 years later in the united states many of your grocery
719
00:47:10,320 --> 00:47:15,360
chains are offering van delivery service of your groceries that's what webbam was
720
00:47:16,320 --> 00:47:21,520
but in 1999 people weren't ready for it in 1999 2000 people weren't even willing to put their
721
00:47:21,520 --> 00:47:22,640
credit card on the internet
722
00:47:22,960 --> 00:47:27,840
people said I'm never going to put my credit card on the internet that's where we were at
723
00:47:27,840 --> 00:47:34,000
so they were too early to the game that's what crypto is most of these crypto projects are going
724
00:47:34,000 --> 00:47:39,440
to be worthless because there is project it's people saying I'm going to build an application
725
00:47:42,160 --> 00:47:45,520
and so people are putting on these tokens and betting on the price
726
00:47:45,520 --> 00:47:51,600
and that was the dot-com bubble people bent on price people bought yahoo stock at 475 a share
727
00:47:52,720 --> 00:47:56,640
I don't know what verizon bought yahoo for 20 years
728
00:47:58,880 --> 00:48:04,080
15 years later whenever it was but it was pennies on the dollar compared to that
729
00:48:04,080 --> 00:48:07,760
you bought yahoo at 475 bucks a share you lost your shirt
730
00:48:08,800 --> 00:48:13,680
and yahoo was one of the companies that survived they didn't even go out of business
731
00:48:14,880 --> 00:48:20,160
but google ate their lunches did a bunch of other companies so they became worth very little
732
00:48:22,880 --> 00:48:29,760
so even in the best of circumstances to succeed in a technological realm is very difficult
733
00:48:29,760 --> 00:48:33,280
succeeding as a startup is very difficult the odds are against you
734
00:48:34,640 --> 00:48:40,080
you have to have financing and the ability to keep operations going you have to have the technical
735
00:48:40,080 --> 00:48:45,040
know-how you have to have the business know-how you have to be in the right market and appeal
736
00:48:45,040 --> 00:48:52,480
have a product that appeals to the market at the right time all these have to line up and even those
737
00:48:52,720 --> 00:48:58,160
entities that are not scams and frauds and all that other crap if you're missing a couple of
738
00:48:58,160 --> 00:49:03,200
those components you're screwed so something to keep in mind with crypto people think oh
739
00:49:03,200 --> 00:49:10,320
we're just throwing stuff out what development is being done what building is being done what
740
00:49:10,320 --> 00:49:19,680
targeting is being done is there a business there and if if you're not you're back into the
741
00:49:19,680 --> 00:49:22,240
well I'm going to build an app give me money
742
00:49:23,280 --> 00:49:25,920
I'm going to build an app I'm going to build an app I'm going to build an app
743
00:49:25,920 --> 00:49:28,320
I'm going to build an app I'm going to build an app I'm going to build an app
744
00:49:28,320 --> 00:49:31,920
apparently it should be coming on saturday if it's still on track that's the subscriptions
745
00:49:38,240 --> 00:49:41,440
oh talking about me as in data okay morty
746
00:49:41,440 --> 00:49:45,840
I get it I get it okay I'm a little slow I'm not the biggest of star trek fan
747
00:49:48,080 --> 00:49:52,720
uh not rendering those uh for urls on other sites is an InLeo problem because
748
00:49:52,720 --> 00:49:58,080
3Speak urls render on other sites but InLeo's urls same content doesn't so like rendering
749
00:49:58,080 --> 00:50:03,360
on our side account needs to find a way to fix this bushcraft bites I agree with that I agree
750
00:50:03,360 --> 00:50:18,880
with that uh it's a messy situation talking about the ai and training yes it is anytime
751
00:50:18,880 --> 00:50:22,320
anytime you have new technology and you have the law trying to get involved the
752
00:50:22,720 --> 00:50:26,320
government is going to be a mess especially when it's so fast-paced
753
00:50:27,440 --> 00:50:32,640
it is a messy situation and it's also one of the one of my theories of why governments
754
00:50:32,640 --> 00:50:37,920
as they are presently constructed are completely and utterly screwed because they were created in
755
00:50:37,920 --> 00:50:44,000
the physical world they are not digital in nature they can't keep pace and I go back to
756
00:50:44,000 --> 00:50:49,280
the united states congress has talked about a stablecoin bill which ai this is just this is
757
00:50:49,280 --> 00:50:52,480
just freaking crypto a stablecoin bill for two years
758
00:50:52,720 --> 00:50:57,280
now we're in election season so there's nothing going to come of that till at least six months
759
00:50:57,280 --> 00:51:02,880
into next year so it'll be two and a half years on just a stablecoin bill and they're going to
760
00:51:02,880 --> 00:51:08,720
be able to keep pace with ai good luck Mightpossibly LEO lincoln's an excellent tool it's
761
00:51:08,720 --> 00:51:19,520
built by KenDewitt yep 3.2 got it went on to keeps tripping tripping off well lay off the acid
762
00:51:19,520 --> 00:51:22,640
and you won't be tripping yeah that'll take time
763
00:51:22,720 --> 00:51:27,600
ahmed that that's why Khal said he's hoping to have it out by the end of the year he saw ahmed
764
00:51:27,600 --> 00:51:31,360
talk about the oai I mean we still got three months here in a year and he's hoping to have
765
00:51:31,360 --> 00:51:36,400
it out by the end of the year and that's a coin toss because it takes a while to clean it up
766
00:51:40,720 --> 00:51:44,080
which is better you think can be used to make people engage them more
767
00:51:44,080 --> 00:51:48,240
am I saying so because it looks like the stat about shorts might not be
768
00:51:48,240 --> 00:51:52,160
improving that much do you think up voting make users increase their capacity
769
00:51:52,720 --> 00:51:59,120
no I think it comes from being serious about what we're doing here you know see vic van goes back to
770
00:51:59,120 --> 00:52:04,960
oh well if we give more up folks will people do more that is a recipe for failure we've seen this
771
00:52:04,960 --> 00:52:15,760
on Hive for years 2017 come to high blog for money blog for money blog for money use our platform for
772
00:52:18,320 --> 00:52:22,560
what happens oh I only got three cents you guys all the way up there
773
00:52:22,720 --> 00:52:24,160
there in a year is it worth four bucks to me
774
00:52:26,480 --> 00:52:30,240
afs we don't have a Apple wars that are pretty simple
775
00:52:30,240 --> 00:52:49,120
they cost boards 510 a month we can get $3,500 to get already 10 such émages
776
00:52:49,120 --> 00:52:50,520
am I right
777
00:52:50,520 --> 00:52:52,260
okay
778
00:52:52,720 --> 00:52:59,220
Leo seriously we see it all the time well to use premiums gonna require a
779
00:52:59,220 --> 00:53:06,880
subs of our use some LeoAI is gonna require a premium oh no why do that but
780
00:53:06,880 --> 00:53:14,320
it should be free to everybody why if there's a cost to it subscriptions is
781
00:53:14,320 --> 00:53:20,140
part of premium oh it should be free to everybody why build some incentive if
782
00:53:20,140 --> 00:53:24,400
you're serious about being a content creator 10 HBD in addition all you get
783
00:53:24,400 --> 00:53:30,520
which will also incorporate way up it's a no-brainer but we know well we're
784
00:53:30,520 --> 00:53:40,100
crypto give it away for free no yeah I don't hear my right earphone is it just
785
00:53:40,100 --> 00:53:43,940
me q-tip
786
00:53:47,740 --> 00:53:50,080
looks like Yahoo is in
787
00:53:50,080 --> 00:53:50,100
quite a bit of trouble but I'm not sure if it's going to be a problem but I'm
788
00:53:50,100 --> 00:53:50,120
sure if it's going to be a problem but I'm sure if it's going to be a problem
789
00:53:50,120 --> 00:53:52,260
but I'm sure if it's going to be a problem I think Clooney more got but got
790
00:53:52,260 --> 00:53:56,420
I would say bought bought by private quite it was bought by Verizon
791
00:53:56,420 --> 00:54:00,840
Walter J and you're right it won't be traded any more because it's under
792
00:54:00,840 --> 00:54:04,920
Verizon or maybe you're right maybe it's private equity maybe I'm thinking maybe
793
00:54:04,920 --> 00:54:10,060
I got my my memory isn't accurate on this one but yeah Yahoo has a publicly
794
00:54:10,060 --> 00:54:14,100
traded company Yahoo as a company is not anymore it's been bought by somebody
795
00:54:14,100 --> 00:54:20,060
else pretty mis elf teaches I change well I mean you get features it
796
00:54:20,060 --> 00:54:23,580
but again if you're building a business you need to make an investment in business
797
00:54:23,580 --> 00:54:28,460
and again this is a difference between an owner and a user not only the owner of of the social
798
00:54:28,460 --> 00:54:34,220
layer of LEO but the owner of okay I want to be a serious content creator I want to be a serious
799
00:54:34,220 --> 00:54:41,500
content creator about sport or about news or about politics or about you know whatever is your area
800
00:54:41,500 --> 00:54:48,300
of interest astrophysics I want to be a serious content creator about astrophysics well what are
801
00:54:48,300 --> 00:54:55,180
you going to do you know and it's like people go to yahoo and spend how long trying to set up
802
00:54:56,460 --> 00:55:03,260
their uh followers and get enough views so they can even apply to get monetized on on
803
00:55:03,260 --> 00:55:09,420
youtube did I say yahoo I meant youtube how long do they spend they have to spend a long time and
804
00:55:09,420 --> 00:55:13,260
most of them don't even get there and then when they get there they don't make that much money
805
00:55:14,060 --> 00:55:18,140
and as we talked about in the ama I think it was Khal but maybe it was somebody in the
806
00:55:18,140 --> 00:55:18,280
third part of the third part of the third part of the third part of the third part of the third
807
00:55:18,280 --> 00:55:23,000
podcast mentioned it never have they seen a person do a thousand posts and not make any money
808
00:55:23,000 --> 00:55:28,600
and I replied never have I seen a person do a thousand threads and not make any money do a
809
00:55:28,600 --> 00:55:33,880
thousand shorts you will make money I guarantee you because I go and unfold shorts when I see them
810
00:55:36,360 --> 00:55:39,160
and so if you start to think of this in that capacity
811
00:55:41,960 --> 00:55:48,120
and where are you going to be long term and yes income is important and you know the idea
812
00:55:48,120 --> 00:55:55,800
of getting 20 50 100 possibly subscribers to your subscription that's wonderful that's the one of
813
00:55:55,800 --> 00:56:01,800
the reasons why the app the feature is being built and it does change things it's another
814
00:56:01,800 --> 00:56:08,840
monetization content uh aspect to this entire platform I built a plethora of offerings
815
00:56:11,160 --> 00:56:17,960
and it's wonderful and then there will also be at some point the ad revenue model you know I'm not a
816
00:56:17,960 --> 00:56:23,560
huge fan of ad revenue but if they want it well it is also an important aspect of being able to
817
00:56:23,560 --> 00:56:29,720
be able to get people to use their ad revenue so again the the new ad platforms in development
818
00:56:30,360 --> 00:56:36,600
why did that go away well Khal was very open he tried a number of different ad platforms and they
819
00:56:36,600 --> 00:56:41,960
all screwed up Coinzilla adsense all of that it was pennies on the dollar you know they didn't
820
00:56:41,960 --> 00:56:47,400
our traffic was from all this stuff okay that's their it's their it's their platform their rules
821
00:56:47,960 --> 00:56:53,120
engine bring up a totally different topic of page views and things like that which that reverts back
822
00:56:53,120 --> 00:57:00,300
to social media features and things for people to use and recommend engine which is tied to LeoAI
823
00:57:00,300 --> 00:57:06,180
I brought that into marketing and cow or maybe it's a response to one of cow's threads but he
824
00:57:06,180 --> 00:57:13,300
replied to me he said that's what LEO LeoAI will do a recommend engine you know what good is shorts
825
00:57:13,300 --> 00:57:18,900
if you watch a short and that's all you get why don't you get another short or another five shorts
826
00:57:18,900 --> 00:57:26,700
recommended to you this is basis of all digital platforms you go on to amazon you click on a
827
00:57:26,700 --> 00:57:31,380
product you're reviewing a product what do you have underneath it people who bought this product
828
00:57:31,380 --> 00:57:37,160
also bought and it shows you four or five other products and then they do something fun where they
829
00:57:37,160 --> 00:57:41,740
say if you buy this and you add that they bundle it together and you'll save like three bucks or
830
00:57:41,740 --> 00:57:42,420
five bucks
831
00:57:42,420 --> 00:57:43,120
buy
832
00:57:43,120 --> 00:57:43,280
buy
833
00:57:43,280 --> 00:57:43,300
buy
834
00:57:43,300 --> 00:57:52,400
they just keep recommending that's what LEO needs and that's what LeoAI is going to provide
835
00:57:52,400 --> 00:57:58,640
so now somebody clicks on a short there will be another short recommended somebody clicks on a
836
00:57:58,640 --> 00:58:03,560
thread there's recommended people ask why are you creating so many shorts because I'm getting ahead
837
00:58:03,560 --> 00:58:09,720
of the curve I know at some point this recommend engine is going to come into play so if I have
838
00:58:09,720 --> 00:58:13,280
a thousand shorts in there or two thousand shorts or three thousand shorts I'm going to have to
839
00:58:13,280 --> 00:58:18,640
make three thousand shorts or however many shorts the chance of somebody ending up on my short
840
00:58:20,640 --> 00:58:28,800
is increased and if that is tied to page views if that's tied to an ad revenue model
841
00:58:30,560 --> 00:58:36,640
then that is helping me now is that available now no
842
00:58:38,000 --> 00:58:41,920
but if you wait till that comes out and you say well maybe I'll start making some shorts
843
00:58:43,280 --> 00:58:47,460
well you're already trying to caught that shit but if he goes okay you don't know he'll start making
844
00:58:47,460 --> 00:58:47,960
some shorts after he gets to he loves it he will go and see it so if he's not going to work
845
00:58:47,960 --> 00:58:48,380
okay that's clean that's great but if he stops that's all that's it kind of makes sense
846
00:58:48,380 --> 00:58:51,260
well you just wasted three or four months it's already been over a month since shorts came out
847
00:58:51,260 --> 00:58:51,980
thought well I'm not going to make shorts yet
848
00:58:51,980 --> 00:58:52,180
you start waiting to make threads
849
00:58:52,180 --> 00:58:55,340
but after you've made some shorts you do that so you get the idea out there
850
00:58:55,340 --> 00:58:59,420
you're already behind the car and you know this is obviously a little bit different than the data
851
00:58:59,420 --> 00:59:07,720
conversation but you know since we got on it this is all part of building the business putting
852
00:59:07,720 --> 00:59:10,120
yourself in position to be seen all it takes is activity
853
00:59:10,120 --> 00:59:10,400
or for example if you want to make a short in the area and you can say say hey I like what you're doing
854
00:59:10,400 --> 00:59:17,780
And, as somebody found out last night, Wise Wally, he put up a screenshot where his resource
855
00:59:17,780 --> 00:59:20,460
credits were nuked.
856
00:59:20,460 --> 00:59:24,300
I went in and I delegated resources to him.
857
00:59:24,300 --> 00:59:34,440
And I replied, a lack of Resource Credits, as long as I'm around, a lack of resource
858
00:59:34,440 --> 00:59:40,000
credits will not be a barrier for engaging on LEO.
859
00:59:40,000 --> 00:59:44,980
If you run out of Resource Credits, and I mean if you run out of Resource Credits not
860
00:59:44,980 --> 00:59:49,240
because you're selling your Hive, you're powering it up, but you're just so active, you're on
861
00:59:49,240 --> 01:00:04,080
our Resource Credits, fine, I'll delegate them to you, no problem.
862
01:00:04,080 --> 01:00:07,940
The only way to add a thousand on LEO requires spamming on original content, which is like
863
01:00:07,940 --> 01:00:09,880
you get a handful of Bill and Brenner base.
864
01:00:09,880 --> 01:00:12,000
Because you are only sharing, not creating.
865
01:00:12,000 --> 01:00:13,120
Well, I disagree with that.
866
01:00:13,120 --> 01:00:15,900
I've had thousands of everything.
867
01:00:15,900 --> 01:00:16,900
And I don't spam.
868
01:00:16,900 --> 01:00:26,540
I mean, maybe people do consider me spamming, but I guarantee I'm probably near 500 shorts.
869
01:00:26,540 --> 01:00:28,640
And they're all original.
870
01:00:28,640 --> 01:00:29,640
So don't give me this.
871
01:00:29,640 --> 01:00:31,640
I mean, there are spammers.
872
01:00:31,640 --> 01:00:35,160
Yeah, there are spammers.
873
01:00:35,160 --> 01:00:38,700
There are people who add content that doesn't do shit.
874
01:00:38,700 --> 01:00:39,700
And some of you may have noticed.
875
01:00:39,700 --> 01:00:43,420
You're not getting as many upvotes from me.
876
01:00:43,420 --> 01:00:49,320
I'm getting very selective with my upvotes now.
877
01:00:49,320 --> 01:00:58,520
So there were people I support who, they're just not doing shit that helps in any way,
878
01:00:58,520 --> 01:00:59,520
shape or form.
879
01:00:59,520 --> 01:01:04,840
They have the right to put up and do whatever the hell they want on threads.
880
01:01:04,840 --> 01:01:06,700
But that doesn't mean I'm going to upvote them.
881
01:01:06,700 --> 01:01:07,700
Yeah.
882
01:01:07,700 --> 01:01:08,700
Yeah.
883
01:01:08,700 --> 01:01:09,700
Yeah.
884
01:01:09,700 --> 01:01:10,700
Yeah.
885
01:01:10,700 --> 01:01:11,700
Yeah.
886
01:01:11,700 --> 01:01:12,700
That doesn't mean I'm going to engage with them.
887
01:01:12,700 --> 01:01:17,000
And that's the problem.
888
01:01:17,000 --> 01:01:23,280
So again, and BushcraftBites is absolutely correct.
889
01:01:23,280 --> 01:01:26,120
I made a short about this.
890
01:01:26,120 --> 01:01:28,380
What reputation do you have?
891
01:01:28,380 --> 01:01:30,460
And I don't mean that number next to your name.
892
01:01:30,460 --> 01:01:31,920
What is your reputation?
893
01:01:31,920 --> 01:01:34,720
What are you known for on Leo?
894
01:01:34,720 --> 01:01:36,420
Are you known for being a spammer?
895
01:01:36,420 --> 01:01:37,420
Okay.
896
01:01:37,420 --> 01:01:38,700
Well, that's what you do.
897
01:01:38,700 --> 01:01:39,700
That's what you do.
898
01:01:39,700 --> 01:01:45,100
I mean, how many people have actually thought about what their reputation is, how others
899
01:01:45,100 --> 01:01:49,000
perceive you?
900
01:01:49,000 --> 01:01:50,360
Think about it today.
901
01:01:50,360 --> 01:01:57,700
If you went and were asking for an investment from people, from people on Leo, pick a number,
902
01:01:57,700 --> 01:02:02,240
a hundred bucks, 500 bucks, a thousand bucks, 10,000 bucks, whatever, pick a number.
903
01:02:02,240 --> 01:02:06,700
If you were asking for an investment from people and be honest, would anybody give you
904
01:02:06,700 --> 01:02:07,700
crap?
905
01:02:07,700 --> 01:02:14,520
Do you think they would look at you and say, yeah, I'm going to give this guy money?
906
01:02:14,520 --> 01:02:16,520
Are you serious?
907
01:02:16,520 --> 01:02:20,580
Now you may not be going down that road, but guess what?
908
01:02:20,580 --> 01:02:24,600
With subscriptions, you're asking people for money.
909
01:02:24,600 --> 01:02:30,060
Do you think anybody's going to take you as an expert in anything?
910
01:02:30,060 --> 01:02:35,860
If you're just, you're just spamming or you're just throwing up nonsensical content, and
911
01:02:35,860 --> 01:02:36,700
if you want to throw up nonsensical content, you're just spamming.
912
01:02:36,700 --> 01:02:37,700
Okay.
913
01:02:37,700 --> 01:02:40,600
If you want to just spam because, Hey, that's your thing, fine.
914
01:02:40,600 --> 01:02:41,600
You know?
915
01:02:41,600 --> 01:02:42,600
Okay.
916
01:02:42,600 --> 01:02:43,600
Wonderful.
917
01:02:43,600 --> 01:02:46,800
A lot of, I mean, most of the social media is not worthwhile stuff.
918
01:02:46,800 --> 01:02:47,800
We know that.
919
01:02:47,800 --> 01:02:51,980
I mean, you go to Twitter, there's a lot of crap on Twitter, a lot of crap on Facebook,
920
01:02:51,980 --> 01:02:59,520
a lot of crap on YouTube, a lot of people making dumb ass videos about dumb ass stuff.
921
01:02:59,520 --> 01:03:02,100
Okay.
922
01:03:02,100 --> 01:03:03,580
So what's your reason for being here?
923
01:03:03,580 --> 01:03:06,520
Are you just a user hacking around doing whatever?
924
01:03:06,520 --> 01:03:07,520
Okay.
925
01:03:07,520 --> 01:03:09,280
That's fine.
926
01:03:09,280 --> 01:03:11,520
Knock yourself out.
927
01:03:11,520 --> 01:03:15,460
But then don't complain when nobody buys stuff.
928
01:03:15,460 --> 01:03:16,880
Nobody supports your stuff.
929
01:03:16,880 --> 01:03:17,920
Nobody upvotes your stuff.
930
01:03:17,920 --> 01:03:23,020
Nobody gives you a premium subscription or not a premium of a subscription because you're
931
01:03:23,020 --> 01:03:29,020
not valued.
932
01:03:29,020 --> 01:03:35,420
I mean, there's people I follow, any of you've seen my videos know I do a lot of stuff on
933
01:03:35,420 --> 01:03:36,420
Tesla.
934
01:03:36,420 --> 01:03:38,520
There's a lot of YouTube Tesla channels.
935
01:03:38,520 --> 01:03:45,480
And there's people on there that I follow, I listen to, I pay attention to, I process
936
01:03:45,480 --> 01:03:46,480
what they say.
937
01:03:46,480 --> 01:03:50,040
There's other people, I see them and they actually end up on my recommend because they're
938
01:03:50,040 --> 01:03:51,860
tied to Tesla.
939
01:03:51,860 --> 01:03:54,860
They're total clowns.
940
01:03:54,860 --> 01:03:56,960
I don't subscribe to them.
941
01:03:56,960 --> 01:04:01,100
I don't even watch them because I know they're clowns.
942
01:04:01,100 --> 01:04:02,880
They're click baiters and all that stuff.
943
01:04:02,880 --> 01:04:05,980
They write these fancy headlines that then you...
944
01:04:05,980 --> 01:04:11,940
They're saying stuff, it's absolutely not true.
945
01:04:11,940 --> 01:04:15,800
They're just click baiters.
946
01:04:15,800 --> 01:04:24,900
So you have to be aware of your reputation and what it is, how you are being perceived.
947
01:04:24,900 --> 01:04:34,040
And if your goal is just to hack around and have some fun on social media, okay, that's
948
01:04:34,040 --> 01:04:35,040
your goal.
949
01:04:35,040 --> 01:04:35,980
Okay.
950
01:04:35,980 --> 01:04:40,660
Well, you could do the same thing on web too.
951
01:04:40,660 --> 01:04:42,940
So what's your point of being here?
952
01:04:42,940 --> 01:04:48,100
Well, I get to stand out, I get it, I get engagement, okay, wonderful.
953
01:04:48,100 --> 01:04:49,640
But then don't complain about revenues.
954
01:04:49,640 --> 01:04:55,400
Don't complain about the monetization because you're not serious.
955
01:04:55,400 --> 01:04:57,800
And people say, well, it doesn't have to be serious.
956
01:04:57,800 --> 01:05:02,500
When money's involved, it's always serious.
957
01:05:02,500 --> 01:05:03,500
It's that simple.
958
01:05:03,500 --> 01:05:04,940
When money's involved, it is no longer serious.
959
01:05:04,940 --> 01:05:05,940
Okay.
960
01:05:05,940 --> 01:05:10,120
When it's no longer a hobby, it's a business.
961
01:05:10,120 --> 01:05:19,300
And whether you're earning 3 cents, whether you're earning $3 or $3 million, because if
962
01:05:19,300 --> 01:05:23,860
you're earning 3 cents, your goal is to earn $3 in most instances.
963
01:05:23,860 --> 01:05:29,080
If you earn $3, your goal is to get, well, maybe not 3 million, but at least $30.
964
01:05:29,080 --> 01:05:34,080
That's what it is.
965
01:05:34,080 --> 01:05:35,820
And that's how we take it seriously.
966
01:05:35,820 --> 01:05:40,100
Bushcraft bikes, LeoAI will make premium worth it.
967
01:05:40,100 --> 01:05:42,020
Right now, I'm not earning more by being premium.
968
01:05:42,020 --> 01:05:45,580
Most of the earning engagement in blogs is coming from those not using Leo, so premium
969
01:05:45,580 --> 01:05:47,420
doesn't give you a better return.
970
01:05:47,420 --> 01:05:50,820
Well, and there was a shit way of promoting it, in my opinion.
971
01:05:50,820 --> 01:05:52,920
And I said this right from the get go.
972
01:05:52,920 --> 01:05:58,160
They promote premium as instead of what's built in there, it's just, okay, this is a
973
01:05:58,160 --> 01:05:59,560
pay to play.
974
01:05:59,560 --> 01:06:02,820
You pay and you get rewarded.
975
01:06:02,820 --> 01:06:03,940
So.
976
01:06:03,940 --> 01:06:04,940
Yeah.
977
01:06:04,940 --> 01:06:05,780
Yeah.
978
01:06:05,780 --> 01:06:11,200
And once again, focusing on rewards, rewards, rewards, rewards.
979
01:06:11,200 --> 01:06:12,200
It's amazing.
980
01:06:12,200 --> 01:06:15,400
You have all these social media platforms, you have all these different digital platforms,
981
01:06:15,400 --> 01:06:19,240
you have all these businesses that aren't based on rewards, and yet they somehow were
982
01:06:19,240 --> 01:06:20,640
highly successful.
983
01:06:20,640 --> 01:06:25,420
And yet on Leo, on Hive, the only way we can make things a success is to increase the rewards
984
01:06:25,420 --> 01:06:28,460
and give people rewards and give more upvotes.
985
01:06:28,460 --> 01:06:33,080
Well, I'm going the exact opposite direction.
986
01:06:33,080 --> 01:06:34,900
I'm one of the larger Leo holders.
987
01:06:34,900 --> 01:06:36,140
Prove to me you're an owner.
988
01:06:36,140 --> 01:06:40,960
If you're a user, you're useless.
989
01:06:40,960 --> 01:06:41,960
Users are a dime a dozen.
990
01:06:41,960 --> 01:06:43,400
And people say, we need more users.
991
01:06:43,400 --> 01:06:45,900
No, we need more owners.
992
01:06:45,900 --> 01:06:47,800
That's what's going to make Leo valuable.
993
01:06:47,800 --> 01:06:48,800
More owners.
994
01:06:48,800 --> 01:06:54,340
Give me a thousand owners versus ten thousand users.
995
01:06:54,340 --> 01:06:57,760
Because a thousand owners will create a hell of a lot more content, a hell of a lot more
996
01:06:57,760 --> 01:07:03,020
engagement, and a lot more valuable content engagement than just users.
997
01:07:03,020 --> 01:07:04,020
Yeah.
998
01:07:04,020 --> 01:07:04,860
Yeah.
999
01:07:04,900 --> 01:07:05,900
Yeah.
1000
01:07:05,900 --> 01:07:06,900
Yeah.
1001
01:07:06,900 --> 01:07:07,900
Yeah.
1002
01:07:07,900 --> 01:07:11,980
And if you don't believe that, go talk to any business owner versus the employees.
1003
01:07:11,980 --> 01:07:15,600
It's a completely and totally different mindset.
1004
01:07:15,600 --> 01:07:22,900
Completely and totally different mindset.
1005
01:07:22,900 --> 01:07:28,960
Yeah.
1006
01:07:28,960 --> 01:07:33,900
Yeah.
1007
01:07:33,900 --> 01:07:34,900
Yeah.
1008
01:07:34,900 --> 01:07:35,900
yeah.
1009
01:07:35,900 --> 01:07:36,900
Yeah.
1010
01:07:36,900 --> 01:07:37,900
Yeah.
1011
01:07:37,900 --> 01:07:38,900
Yeah.
1012
01:07:38,900 --> 01:07:39,900
.
1013
01:07:39,900 --> 01:07:40,900
Yeah.
1014
01:07:41,900 --> 01:07:42,900
He wants your advice, right?
1015
01:07:42,900 --> 01:07:43,900
Yeah.
1016
01:07:43,900 --> 01:07:44,900
Yeah, exactly.
1017
01:07:44,900 --> 01:07:45,900
And what I'm saying is, he's petrified by the fact that you aren't promiscuous enough,
1018
01:07:45,900 --> 01:07:46,900
but as a person that would spend your dreams, your expectations on your projects, into zipping
1019
01:07:46,900 --> 01:07:47,900
somewhere, in any business business, into an agile business, all sort of success story.
1020
01:07:47,900 --> 01:07:48,900
We talked a lot about sleep sagging.
1021
01:07:48,900 --> 01:07:49,900
All right.
1022
01:07:49,900 --> 01:07:50,900
I didn't even see that.
1023
01:07:50,900 --> 01:07:51,900
All right.
1024
01:07:51,900 --> 01:07:52,900
Good luck.
1025
01:07:52,900 --> 01:07:53,900
Thank you.
1026
01:07:53,900 --> 01:07:54,900
You're welcome.
1027
01:07:54,900 --> 01:07:55,900
Thanks very much.
1028
01:07:55,900 --> 01:07:56,900
I appreciate it.
1029
01:07:56,900 --> 01:07:57,900
It's very, very impressive.
1030
01:07:57,900 --> 01:07:58,900
Last one.
1031
01:07:59,900 --> 01:08:00,900
It's so funny.
1032
01:08:00,900 --> 01:08:01,900
Don't talk you into it.
1033
01:08:01,900 --> 01:08:02,900
Peter, you can continue arts when transparency funny.
1034
01:08:02,900 --> 01:08:03,900
I'm going to listen.
1035
01:08:04,300 --> 01:08:06,860
again it's this concept give me something for nothing
1036
01:08:08,700 --> 01:08:13,660
why why should we give anything to anybody see this is this is a point that I've always
1037
01:08:13,660 --> 01:08:17,100
had with the whales oh they're not supporting us well why should they
1038
01:08:19,420 --> 01:08:23,180
well if they want it to grow why they give you upvotes they give you healthy
1039
01:08:23,180 --> 01:08:26,620
rewards then you go sell the rewards and you stick around a while and then you leave
1040
01:08:26,620 --> 01:08:37,740
and now what happens how many people if you've been on on Hive any amount of time how many
1041
01:08:37,740 --> 01:08:41,660
people were around three four or five years ago that are no longer here
1042
01:08:45,900 --> 01:08:49,340
just think about it how many people were around on LEO
1043
01:08:49,340 --> 01:08:54,780
eight months ago ten months ago who are no longer here think about that
1044
01:08:57,100 --> 01:09:01,660
and yet they wanted all the support in fact I can go through my resource credit delegations
1045
01:09:01,660 --> 01:09:06,700
I delegated Resource Credits to people and maybe I'll do that and I'll I'll do a little
1046
01:09:06,700 --> 01:09:11,740
quick analysis how many people did I delegate Resource Credits to people said they were
1047
01:09:11,740 --> 01:09:16,540
interested in threading they needed more Resource Credits to do stuff and they're not here and I'll
1048
01:09:16,540 --> 01:09:21,500
probably I'll look up accounts and I'll see and maybe I'll I'll give the report on next
1049
01:09:21,500 --> 01:09:26,460
week's lion's den um I'll see how many when the last time they posted was
1050
01:09:26,620 --> 01:09:33,980
I guarantee you probably just off the top of my head 60 of the people I delegated Resource Credits
1051
01:09:33,980 --> 01:09:41,980
to probably have not posted in the last few months just guessing so I'll have to I'll have to do that
1052
01:09:46,300 --> 01:09:49,980
you have to be really bad if you posted a thousand threads and didn't get any money
1053
01:09:49,980 --> 01:09:56,380
yeah well that's what butterfly uh uh excuse me bushcraft uh bytes was saying um
1054
01:09:57,100 --> 01:10:02,460
yeah if you're just putting up you know if if you're known just to spam stuff people
1055
01:10:02,460 --> 01:10:07,180
aren't gonna vote you they they just know you're a spammer it's that simple
1056
01:10:13,180 --> 01:10:16,700
ahmed said I don't remember spanning I have 7 000 threads InLeo
1057
01:10:18,940 --> 01:10:24,540
yeah you're not gonna get a thousand in the same day I have gotten a thousand in a day requires a
1058
01:10:24,540 --> 01:10:25,420
lot of interaction
1059
01:10:26,620 --> 01:10:29,820
for that I turned out to be our last item
1060
01:10:33,660 --> 01:10:35,660
I'll make you delegate Resource Credits
1061
01:10:41,660 --> 01:10:45,820
um bushcraft bikes most are trying to hit numbers or spammers well uh
1062
01:10:45,820 --> 01:10:53,500
yeah I mean there are spammers that's true and uh you know they're going to shoot themselves in the
1063
01:10:53,500 --> 01:10:56,380
foot in the end that's what they're going to do
1064
01:10:56,380 --> 01:11:01,500
because nobody's going to take them seriously nobody with any money nobody who's building
1065
01:11:02,300 --> 01:11:06,140
is going to take them seriously and they'll probably end up leaving or they don't leave
1066
01:11:06,140 --> 01:11:10,060
and they'll just do the same thing and they get no support
1067
01:11:13,420 --> 01:11:16,860
again if you have a reputation what is your reputation
1068
01:11:23,340 --> 01:11:24,700
yep ahmed learned the lesson
1069
01:11:26,380 --> 01:11:28,140
and he's going to do the same thing
1070
01:11:28,140 --> 01:11:30,860
walter j yep I mean if money falls
1071
01:11:32,620 --> 01:11:34,940
and if you don't believe me about the money being involved
1072
01:11:36,300 --> 01:11:38,620
just look at when money is involved in a relationship
1073
01:11:39,900 --> 01:11:42,220
suddenly all those warm and fuzzy feelings
1074
01:11:46,380 --> 01:11:48,860
it turns into something completely different
1075
01:11:53,740 --> 01:11:56,140
more people have less expectations on facebook to
1076
01:11:56,140 --> 01:11:56,380
make money and more people have less expectations on facebook to make money
1077
01:11:56,380 --> 01:11:57,340
for their posts
1078
01:11:57,340 --> 01:12:01,740
dalton yeah well and also this is one thing I wrote a post about it
1079
01:12:02,860 --> 01:12:08,060
and this is part of web 3. when you look at apple and they take 35 percent of an app
1080
01:12:08,620 --> 01:12:14,220
you know the app fee that's charged that a developer put together a company put together
1081
01:12:14,220 --> 01:12:20,140
you look at even what what uh google's paying out in their ad revenue even but
1082
01:12:20,140 --> 01:12:25,580
x is paying out in their ad revenue if you are lucky enough to get it it's still a very small
1083
01:12:25,580 --> 01:12:25,780
piece then you might be saying well what if you're not paying for that if you're not paying for that
1084
01:12:25,780 --> 01:12:26,140
part what if you're not paying for that part then you're paying for that part if you're not paying for that part
1085
01:12:26,140 --> 01:12:30,340
Then you go to Patreon, you go to Substack, and the percentages these companies are taking.
1086
01:12:30,340 --> 01:12:42,660
You look at Amazon and the percentage of the deals on certain products that they take from people selling on them and affiliates and whatnot.
1087
01:12:43,120 --> 01:12:44,260
It's astronomical.
1088
01:12:44,740 --> 01:12:45,640
It's highway robbery.
1089
01:12:45,640 --> 01:13:02,280
And with Leo, what's happening is, and this is the Web3 concept or the Web3 model, is it pushes the financial benefits further out.
1090
01:13:02,420 --> 01:13:03,720
It pushes them to the edge.
1091
01:13:04,160 --> 01:13:09,280
So the people out there can start to realize financial benefits.
1092
01:13:09,280 --> 01:13:15,240
And through the different tokenization streams on Leo.
1093
01:13:15,640 --> 01:13:18,800
Which subscription will be an additional one?
1094
01:13:19,740 --> 01:13:22,200
You know, the referrals is one.
1095
01:13:23,200 --> 01:13:28,880
The, obviously, rewards is one.
1096
01:13:29,660 --> 01:13:33,720
Ad revenue distribution will be one.
1097
01:13:33,720 --> 01:13:44,920
Then, of course, there's the I own Leo, the value proposition of the ecosystem growing and the value of it growing, the platform.
1098
01:13:45,640 --> 01:13:50,040
And hopefully that will be captured by the market at some point.
1099
01:13:50,040 --> 01:13:55,360
And the value of your stake, your Leo, will actually increase.
1100
01:13:56,360 --> 01:14:00,360
And there's going to be more stuff in the future on this.
1101
01:14:00,360 --> 01:14:03,400
And then there's more stuff you can get creatively.
1102
01:14:06,400 --> 01:14:08,800
We need users as in an audience, too.
1103
01:14:09,440 --> 01:14:14,060
Well, again, without the recommend, you're not going to get an audience.
1104
01:14:14,560 --> 01:14:15,400
You're not.
1105
01:14:16,040 --> 01:14:26,300
The reason why people spend apps on YouTube or TikTok is because they click on a video and they get 10 or 15 more suggested.
1106
01:14:27,620 --> 01:14:28,580
That's the model.
1107
01:14:29,920 --> 01:14:35,980
If you went on TikTok and you click the video and it played the video and just sat there.
1108
01:14:38,840 --> 01:14:41,220
Or if you went to YouTube, you watch the video.
1109
01:14:42,200 --> 01:14:43,160
And that's it.
1110
01:14:43,200 --> 01:14:43,800
It just ended.
1111
01:14:45,640 --> 01:14:47,140
What do you do?
1112
01:14:48,300 --> 01:14:50,740
I mean, hell, you see it on these streaming services.
1113
01:14:50,920 --> 01:14:51,780
You finish a movie.
1114
01:14:52,820 --> 01:14:55,120
And what happens next?
1115
01:14:56,260 --> 01:15:03,340
Right below it, as the credits are rolling in the film, there's four or five, six other films recommended.
1116
01:15:06,120 --> 01:15:07,400
What happens on Leo?
1117
01:15:07,800 --> 01:15:09,140
You click on a thread.
1118
01:15:09,560 --> 01:15:10,860
You're on a different page.
1119
01:15:10,900 --> 01:15:12,220
It opens up in a different tab.
1120
01:15:12,560 --> 01:15:13,500
You watch a short.
1121
01:15:14,320 --> 01:15:14,980
That's it.
1122
01:15:15,640 --> 01:15:23,640
And if you're doing it from the latest or wherever, just another thread shows up on top, maybe related, maybe not related.
1123
01:15:33,320 --> 01:15:36,880
Bradley Arrow posted for eight hundred and ninety straight days.
1124
01:15:38,920 --> 01:15:41,460
Owners have a product they expect to profit from.
1125
01:15:41,460 --> 01:15:45,420
So what call earnings as an owner and creator call pay calls?
1126
01:15:45,420 --> 01:15:45,620
Pay.
1127
01:15:45,640 --> 01:15:46,440
Pay for a product.
1128
01:15:46,840 --> 01:15:48,640
So I wouldn't discount the power of earnings.
1129
01:15:49,560 --> 01:15:50,500
Ports are given.
1130
01:15:51,300 --> 01:15:52,120
Earnings are earned.
1131
01:15:54,100 --> 01:15:58,780
Well, I mean, it's part of the business model, part of the incentivization model.
1132
01:15:59,260 --> 01:16:02,480
I mean, you can you can dispute semantics, but it's still income.
1133
01:16:03,580 --> 01:16:08,740
But it's also income that's not paid in dollars or in, you know, currency.
1134
01:16:08,740 --> 01:16:09,700
It's paid in.
1135
01:16:12,220 --> 01:16:13,220
It's paid in.
1136
01:16:13,620 --> 01:16:15,560
I mean, you get HBD, too, if you're a.
1137
01:16:15,640 --> 01:16:23,780
50 50. But basically, you're looking at you're paid InLeo if it's if it's on Leo or in Hive, which is, you know, an asset.
1138
01:16:23,780 --> 01:16:26,520
It's a digital asset, not just a currency.
1139
01:16:30,180 --> 01:16:31,320
Yeah, I use this beer.
1140
01:16:31,320 --> 01:16:32,240
I actually miss a few.
1141
01:16:32,240 --> 01:16:35,060
Yeah. You know, there's always attrition with social media.
1142
01:16:35,060 --> 01:16:37,020
There's always attrition with anything online.
1143
01:16:37,060 --> 01:16:38,520
So that's going to happen.
1144
01:16:39,760 --> 01:16:44,400
You know, Leo had the added disadvantage of the UI had so many problems.
1145
01:16:44,400 --> 01:16:45,180
So that's.
1146
01:16:45,180 --> 01:17:02,060
Certainly a headwind, and it was a headwind that was probably going on for a good six, nine months, you know, but that's that's part of part of the early, the part of being an early adopter.
1147
01:17:05,420 --> 01:17:05,820
So.
1148
01:17:08,400 --> 01:17:11,060
You know, now we don't seem to have that problem as some seekers said.
1149
01:17:11,860 --> 01:17:13,100
The site is working a lot better.
1150
01:17:15,180 --> 01:17:26,400
I mean, we've got a lot of people who are on Hive, as we know, with Hive, and this isn't a Leo problem, it's it's on Hive to how many people are on Hive, who no longer here for various reasons.
1151
01:17:29,760 --> 01:17:31,440
Now, maybe it's life issues.
1152
01:17:31,440 --> 01:17:32,340
Maybe they got pissed off.
1153
01:17:32,340 --> 01:17:33,540
Maybe they got no fight.
1154
01:17:33,780 --> 01:17:35,040
Maybe they just lost interest.
1155
01:17:35,040 --> 01:17:39,420
Maybe there's a lot of maybes could be 1000 of who knows all the reason people leave.
1156
01:17:39,600 --> 01:17:40,800
But the point is, they leave.
1157
01:17:41,360 --> 01:17:42,840
And many of them leaving a half.
1158
01:17:43,340 --> 01:17:44,340
So.
1159
01:17:44,340 --> 01:17:44,840
Anyway.
1160
01:17:45,180 --> 01:17:48,360
Getting back to LeoAI, one thing I wanted to paint for the future.
1161
01:17:50,940 --> 01:17:53,860
And where a lot of this stuff is going.
1162
01:17:55,940 --> 01:17:57,560
And this is not a small deal.
1163
01:17:58,140 --> 01:17:59,640
This is the separator.
1164
01:17:59,680 --> 01:18:04,680
I believe LeoAI is the separator from a lot of what we see out there.
1165
01:18:06,300 --> 01:18:14,160
And many of you follow my threads or my shorts or my articles, I've talked about AI agents.
1166
01:18:15,180 --> 01:18:28,680
And I did a deep dive into what some of the people who are involved in AI are doing, what they think.
1167
01:18:29,940 --> 01:18:38,980
And, you know, a lot of it was technical, but I came up with where they believe things are going.
1168
01:18:38,980 --> 01:18:41,400
And it's very interesting for the crypto space.
1169
01:18:42,660 --> 01:18:44,980
To start with is in not too long.
1170
01:18:45,180 --> 01:18:49,300
In a period of time, maybe in a year, year and a half, we're going to have billions of AI agents.
1171
01:18:50,560 --> 01:18:52,560
These are agents going to be all over the place.
1172
01:18:52,560 --> 01:18:53,760
They're going to be on platforms.
1173
01:18:53,760 --> 01:18:56,640
They're going to be created by companies are going to be created by individuals.
1174
01:18:56,880 --> 01:18:57,940
They'll be open source.
1175
01:18:57,940 --> 01:18:58,680
They'll be stored.
1176
01:18:58,980 --> 01:19:00,960
They'll be for a variety of different purposes.
1177
01:19:01,360 --> 01:19:05,520
And a great way to think of an AI agent is basically an AI is a skill.
1178
01:19:06,560 --> 01:19:08,160
It's programmed to do something.
1179
01:19:10,560 --> 01:19:11,820
And you'll have billions of these.
1180
01:19:11,820 --> 01:19:12,240
And so.
1181
01:19:13,140 --> 01:19:15,020
And ultimately, they're going to start to be.
1182
01:19:15,020 --> 01:19:15,800
Interconnected.
1183
01:19:16,140 --> 01:19:18,500
So you'll get essentially the Internet.
1184
01:19:20,000 --> 01:19:27,980
AI agents where these tens of billions of agents are going to end up interacting with each other in different ways.
1185
01:19:29,900 --> 01:19:36,680
And they're going to be spread over thousands and thousands and thousands of data centers all over the world.
1186
01:19:38,180 --> 01:19:39,980
XAI is going to have agents.
1187
01:19:41,600 --> 01:19:42,980
Amazon will have agents.
1188
01:19:42,980 --> 01:19:44,340
Microsoft will have agents.
1189
01:19:44,340 --> 01:19:45,000
Open AI.
1190
01:19:45,020 --> 01:19:46,020
Baidu.
1191
01:19:46,020 --> 01:19:47,020
Salesforce.
1192
01:19:47,020 --> 01:19:48,020
Tencent.
1193
01:19:48,020 --> 01:20:05,020
And these data centers, you know, they got like 5,000 in the United States and like 1,500 of them in China and more are being built and they're building bigger data centers and they're all going to house these agents.
1194
01:20:05,020 --> 01:20:14,020
And what we're seeing is ultimately these models are going to be commoditized.
1195
01:20:14,020 --> 01:20:15,000
And this is very important.
1196
01:20:15,020 --> 01:20:16,020
This is very, very important for LeoAI.
1197
01:20:16,020 --> 01:20:17,020
And when I say these models, I'm talking about the large language models.
1198
01:20:17,020 --> 01:20:18,020
They're going to be commoditized.
1199
01:20:18,020 --> 01:20:19,020
They're all going to basically do the same thing.
1200
01:20:19,020 --> 01:20:20,020
I mean, who was it?
1201
01:20:20,020 --> 01:20:21,020
Open AI released, I think it was on Monday, a new conversational piece.
1202
01:20:21,020 --> 01:20:22,020
Or they demoed it.
1203
01:20:22,020 --> 01:20:23,020
Thursday, Zuckerberg, or maybe it was Wednesday.
1204
01:20:23,020 --> 01:20:24,020
Whatever day Metcom was, I guess it was Wednesday.
1205
01:20:24,020 --> 01:20:25,020
Zuckerberg's on stage having a conversation.
1206
01:20:25,020 --> 01:20:26,020
I don't know.
1207
01:20:26,020 --> 01:20:27,020
I don't know.
1208
01:20:27,020 --> 01:20:28,020
I don't know.
1209
01:20:28,020 --> 01:20:29,020
I don't know.
1210
01:20:29,020 --> 01:20:30,020
I don't know.
1211
01:20:30,020 --> 01:20:31,020
I don't know.
1212
01:20:31,020 --> 01:20:32,020
I don't know.
1213
01:20:32,020 --> 01:20:33,020
I don't know.
1214
01:20:33,020 --> 01:20:34,020
I don't know.
1215
01:20:34,020 --> 01:20:35,020
I don't know.
1216
01:20:35,020 --> 01:20:36,020
I don't know.
1217
01:20:36,020 --> 01:20:37,020
I don't know.
1218
01:20:37,020 --> 01:20:38,020
I don't know.
1219
01:20:38,020 --> 01:20:39,020
I don't know.
1220
01:20:39,020 --> 01:20:42,020
Zuckerberg, or maybe it was Wednesday, whatever day Metcom was.
1221
01:20:42,020 --> 01:20:43,780
I guess it was Wednesday.
1222
01:20:43,780 --> 01:20:47,720
Zuckerberg's on stage having a conversation with an AI agent.
1223
01:20:47,720 --> 01:20:52,280
With the AI, with LAMBA 3.2.
1224
01:20:52,280 --> 01:20:53,920
They all run and pack.
1225
01:20:53,920 --> 01:20:55,580
They all get the same thing.
1226
01:20:55,580 --> 01:20:56,580
Okay.
1227
01:20:56,580 --> 01:20:57,580
Maybe you're six months behind.
1228
01:20:57,580 --> 01:20:58,580
Maybe you're not so.
1229
01:20:58,580 --> 01:20:59,880
But it's all going to be the same thing.
1230
01:20:59,880 --> 01:21:02,060
And it's the open source.
1231
01:21:02,060 --> 01:21:05,580
You're seeing this with open source that proprietary, they get something.
1232
01:21:05,580 --> 01:21:07,640
And then six months later, nothing.
1233
01:21:07,640 --> 01:21:09,660
non-proprietary, open-source asset.
1234
01:21:11,160 --> 01:21:14,760
So there's really no huge advantage at,
1235
01:21:16,260 --> 01:21:18,020
ultimately, with these models.
1236
01:21:18,240 --> 01:21:19,720
They're going to be commodities.
1237
01:21:24,360 --> 01:21:27,520
It's the rest of the system that makes it valuable.
1238
01:21:29,220 --> 01:21:31,180
And this is the system architecture.
1239
01:21:31,580 --> 01:21:32,600
This is the OAI.
1240
01:21:33,300 --> 01:21:34,800
This is what it's tied to.
1241
01:21:34,800 --> 01:21:43,860
It's not just the model, the Llama 3.1 or Llama that they were trained on.
1242
01:21:44,260 --> 01:21:47,460
This is all the stuff on top of it.
1243
01:21:47,600 --> 01:21:48,800
It's all the data we feed.
1244
01:21:48,920 --> 01:21:51,120
That's why I started off with the tokens that we put in.
1245
01:21:52,000 --> 01:21:53,100
What data are we feeding?
1246
01:21:53,820 --> 01:21:55,180
What are we focusing upon?
1247
01:21:55,740 --> 01:21:58,120
What is it catering to?
1248
01:21:58,920 --> 01:22:02,040
What can be pulled by the LeoFinance team?
1249
01:22:02,040 --> 01:22:06,500
What transactions is it following?
1250
01:22:06,660 --> 01:22:07,940
What transactions is it monitoring?
1251
01:22:08,060 --> 01:22:09,080
What upvotes is it monitoring?
1252
01:22:09,400 --> 01:22:12,200
Llama 3 is not going to monitor upvotes on Hive.
1253
01:22:12,720 --> 01:22:18,360
In fact, I'm convinced Meta is only pulling Hive data based upon index stuff.
1254
01:22:18,900 --> 01:22:20,940
They're not getting anything in threads.
1255
01:22:21,560 --> 01:22:28,000
Nothing is in threads is being seen by Llama or by any of these.
1256
01:22:28,600 --> 01:22:30,520
Because it's not indexed by Google.
1257
01:22:32,040 --> 01:22:35,520
Now, at some point, you may get to the point where somebody scrapes the blockchain.
1258
01:22:36,920 --> 01:22:39,380
But I don't think it's till we're much bigger.
1259
01:22:40,180 --> 01:22:45,200
But right now, what we put in threads is fed into LeoAI.
1260
01:22:45,460 --> 01:22:47,440
Because that's part of the system architecture.
1261
01:22:47,580 --> 01:22:48,480
That's going to be separated.
1262
01:22:50,560 --> 01:22:57,220
And what you're going to ultimately have with these AI agents is markets that are powered by blockchain.
1263
01:22:59,660 --> 01:23:01,980
Because basically, you're going to have these agents.
1264
01:23:02,120 --> 01:23:03,020
Talking to each other.
1265
01:23:04,600 --> 01:23:10,320
And when these agents are going to talk to each other, what financial language do they speak?
1266
01:23:11,380 --> 01:23:11,860
Crypto.
1267
01:23:13,580 --> 01:23:14,860
They're not going to speak.
1268
01:23:15,060 --> 01:23:16,420
They're not going to swipe your Visa card.
1269
01:23:17,220 --> 01:23:18,720
And so you're going to have a marketplace.
1270
01:23:18,720 --> 01:23:23,140
And this is already developing some with SingularityNet.
1271
01:23:23,340 --> 01:23:24,720
It's an AI-first marketplace.
1272
01:23:25,020 --> 01:23:25,900
It's not for humans.
1273
01:23:28,520 --> 01:23:31,500
It's basically you go in there and you say, okay.
1274
01:23:31,580 --> 01:23:31,660
Okay.
1275
01:23:32,040 --> 01:23:36,180
I need this type of agent created.
1276
01:23:37,440 --> 01:23:40,140
Or I need this agent to solve this problem.
1277
01:23:41,680 --> 01:23:42,540
And it costs you.
1278
01:23:43,460 --> 01:23:46,540
And you have an agent that can go out and seek what it needs.
1279
01:23:47,280 --> 01:23:53,760
And it'll be tied to a wallet, to a crypto wallet that, okay, if it costs you $100, you pay $100.
1280
01:23:55,300 --> 01:23:56,900
And so it'll be a marketplace.
1281
01:23:56,900 --> 01:23:59,480
And these agents will offer different services.
1282
01:24:02,040 --> 01:24:06,280
It's no different than the stock market.
1283
01:24:06,280 --> 01:24:12,760
You look at the volume of the stock market, 85% of all stock transactions are initiated by computers.
1284
01:24:14,280 --> 01:24:16,180
Very little humans are involved.
1285
01:24:16,540 --> 01:24:20,620
And 100% of stock trades, the actual trading, is done by a computer.
1286
01:24:21,000 --> 01:24:24,640
There are no longer any human traders in the equity markets.
1287
01:24:25,260 --> 01:24:29,100
They've been gone for 15 years or longer.
1288
01:24:30,800 --> 01:24:32,020
It's going to be the same thing.
1289
01:24:32,040 --> 01:24:46,200
And if you think of the concept of a personal assistant, AI as a personal assistant, you're going to need these agents because when you enter your calendar, I'm going to be in Dallas for that meeting on October 14th.
1290
01:24:46,800 --> 01:24:48,540
Your AI agent is going to need that.
1291
01:24:49,040 --> 01:24:50,780
And no, it needs to order a rental car.
1292
01:24:50,880 --> 01:24:52,080
It needs to order your hotel room.
1293
01:24:52,120 --> 01:24:53,480
It needs to book an airline ticket.
1294
01:24:55,100 --> 01:24:56,840
It's going to handle that autonomously.
1295
01:24:58,060 --> 01:24:59,240
How's it going to pay for it?
1296
01:24:59,960 --> 01:25:00,960
How's it going to do that?
1297
01:25:02,040 --> 01:25:13,880
You're going to have to interact with other AI agents that are out there that have the ability to book hotel rooms and navigate these websites.
1298
01:25:17,180 --> 01:25:21,960
And so, of course, your agent will have to pay a fee for using that other agent.
1299
01:25:24,980 --> 01:25:26,920
But that's what it does.
1300
01:25:27,440 --> 01:25:30,380
And so you're going to have a crypto wallet that's going to be tied to it.
1301
01:25:30,380 --> 01:25:34,360
And, of course, you'll have to pay the hotel and that type of stuff.
1302
01:25:35,420 --> 01:25:38,800
Now, and that may be done through your credit card and whatnot, depending.
1303
01:25:38,920 --> 01:25:41,480
But ultimately, we know all that's going to go crypto, too.
1304
01:25:43,760 --> 01:25:48,840
OnlyFans takes 20% of creator earnings, add taxes to the mix, and you're losing 50% of your income.
1305
01:25:49,520 --> 01:25:53,000
Creator subscriptions and Leo are the answer.
1306
01:25:53,480 --> 01:25:54,760
I will never stop saying it.
1307
01:25:56,820 --> 01:25:57,220
Yeah.
1308
01:25:57,220 --> 01:25:57,300
Yeah.
1309
01:25:59,600 --> 01:26:00,040
So.
1310
01:26:00,380 --> 01:26:08,200
My point is, with LeoAI, this is just the start of the feature set.
1311
01:26:08,740 --> 01:26:10,480
And, again, this all goes back to data.
1312
01:26:10,700 --> 01:26:11,700
Because you know what?
1313
01:26:12,060 --> 01:26:21,880
If Mightpossibly creates an AI agent, the AI agent that he creates, the utility of that agent is limited to the data it can be provided with.
1314
01:26:24,960 --> 01:26:26,440
So where's it getting the data?
1315
01:26:26,660 --> 01:26:29,820
Well, if he's tying it to Hive, it has to be tied to Hive data.
1316
01:26:30,180 --> 01:26:30,360
I mean.
1317
01:26:30,480 --> 01:26:32,780
He can feed in other data if he wanted into his agent.
1318
01:26:36,980 --> 01:26:44,140
But if you are going to see a lot of agents tied to Leo, it's going to be tied to the data.
1319
01:26:46,760 --> 01:26:48,260
And here's another idea.
1320
01:26:48,880 --> 01:26:49,900
And I'll throw this out.
1321
01:26:49,980 --> 01:26:52,140
I actually DMed Khal with it.
1322
01:26:52,360 --> 01:26:53,720
But I'll say it on here.
1323
01:26:54,760 --> 01:26:57,040
As we get more advanced features.
1324
01:26:57,740 --> 01:26:59,220
See, there's two ways to do this.
1325
01:26:59,700 --> 01:27:00,300
Let's say you.
1326
01:27:00,480 --> 01:27:01,120
Have Leo Premium.
1327
01:27:01,280 --> 01:27:02,080
You get LeoAI.
1328
01:27:02,400 --> 01:27:03,920
So that's chat and your copilot.
1329
01:27:05,740 --> 01:27:09,500
The recommend feature and some of the stuff built directly into the UI.
1330
01:27:10,060 --> 01:27:10,960
Everybody's going to get that.
1331
01:27:10,960 --> 01:27:12,460
That doesn't require premium.
1332
01:27:13,140 --> 01:27:19,880
But to use the chatbot to have the copilot feature, that's going to be Leo Premium.
1333
01:27:20,260 --> 01:27:21,720
Be part of the value proposition.
1334
01:27:22,420 --> 01:27:29,680
Now, as Meta adds more to it, that enhances the value.
1335
01:27:30,380 --> 01:27:39,200
As you start to incorporate other things, let's say text-to-video, let's say a conversational piece, let's say whatever.
1336
01:27:39,520 --> 01:27:42,920
So you start to see the evolution and more and more gets added.
1337
01:27:42,920 --> 01:27:56,420
Well, now you have the potentiality of scaling your pricing model where you have free, you have premium, and let's say you have premium plus, which is 20 HBD a month.
1338
01:27:57,120 --> 01:28:00,360
And so for 20 HBD a month, you get, you know, you're regular.
1339
01:28:00,360 --> 01:28:03,160
You get regular stuff under premium plus these other advanced tools.
1340
01:28:03,440 --> 01:28:07,160
You get video generation and maybe video editing or whatever.
1341
01:28:09,380 --> 01:28:10,680
That's one way to do it.
1342
01:28:11,540 --> 01:28:14,220
Another way to do it is the Canva way where they just charge for everything.
1343
01:28:14,960 --> 01:28:20,400
It's, you know, you want to use something, they nickel and dime, which that tends to just piss people off.
1344
01:28:23,080 --> 01:28:24,420
But here's the third way.
1345
01:28:25,040 --> 01:28:25,680
How about this?
1346
01:28:26,920 --> 01:28:27,840
Speaking of tokens.
1347
01:28:27,840 --> 01:28:29,460
And now I'm going to go back to crypto.
1348
01:28:29,460 --> 01:28:31,040
I'm going to go back to Leo token.
1349
01:28:31,900 --> 01:28:33,460
10 HBD for the premium.
1350
01:28:34,840 --> 01:28:40,260
But if you want premium plus, you have to have X number of Leo tokens.
1351
01:28:43,640 --> 01:28:47,400
Now you just used Leo as an access token.
1352
01:28:50,200 --> 01:28:52,860
It opens the door to a different set of tools.
1353
01:28:54,260 --> 01:28:55,180
Now, I don't know.
1354
01:28:55,280 --> 01:28:57,120
You'd have to play around with what the level is.
1355
01:28:57,120 --> 01:28:59,220
You know, a thousand Leo.
1356
01:28:59,460 --> 01:29:01,560
2,000 Leo, 5,000 Leo, whatever.
1357
01:29:01,640 --> 01:29:05,640
I mean, it's, you can figure it out, play around with it, toy with it.
1358
01:29:05,640 --> 01:29:09,600
See, see where people are in the distribution curve and that type of thing.
1359
01:29:12,800 --> 01:29:17,720
But how, how does that then add value to the Leo token itself?
1360
01:29:19,340 --> 01:29:20,440
It's an access token.
1361
01:29:21,340 --> 01:29:23,700
It allows you this number of features.
1362
01:29:24,700 --> 01:29:25,840
It's like private membership.
1363
01:29:25,840 --> 01:29:27,940
Memberships have been used forever.
1364
01:29:28,780 --> 01:29:29,380
Memberships.
1365
01:29:29,380 --> 01:29:35,200
To country clubs, memberships, to this group, memberships, to the VFW, to the
1366
01:29:35,200 --> 01:29:37,200
rotary club, to this, that, and the other thing.
1367
01:29:37,540 --> 01:29:39,500
And some of them, you just walk in the door.
1368
01:29:39,500 --> 01:29:42,100
You're a member, member of a church walk in the door.
1369
01:29:42,100 --> 01:29:45,640
You're a member of the church, but others, you have to pay others.
1370
01:29:45,640 --> 01:29:49,900
You have to earn, you know, you can't be part of the VFW veterans of foreign war
1371
01:29:49,900 --> 01:29:53,800
in the United States, unless you were in a foreign war, you have to have earned that.
1372
01:29:54,160 --> 01:29:58,960
If you aren't in a foreign war, you're not eligible period, you know?
1373
01:29:59,380 --> 01:30:01,660
Fraternities, they got membership.
1374
01:30:01,660 --> 01:30:05,740
You have to go through meet certain requirements and hazing rituals.
1375
01:30:05,740 --> 01:30:11,500
I guess they don't do them anymore, but whatever Leo as an access token.
1376
01:30:13,960 --> 01:30:15,340
Now people have incentive.
1377
01:30:15,340 --> 01:30:24,220
If they like your tools, if they're serious for holding the token in and above just the voting power.
1378
01:30:29,380 --> 01:30:41,080
So that, that's what, uh, what eventually all of this can evolve into and add different layers.
1379
01:30:41,440 --> 01:30:43,240
This is why I keep harping.
1380
01:30:43,420 --> 01:30:44,980
None of this is going to happen with that.
1381
01:30:47,060 --> 01:30:57,820
And when you start to use Leo token either, and you just throw a couple things in there and start to see you get a feel.
1382
01:30:59,380 --> 01:31:07,960
I mean, I, I know my summaries that the transcripts I post on each short, give or take, it's about 120 tokens.
1383
01:31:09,100 --> 01:31:20,400
So each short I put up when I put it, the transcripts are in 20 tokens might be one, 10 might be one 30, but it's somewhere in that range.
1384
01:31:20,400 --> 01:31:27,940
One, when I write an article, I know it's usually around between a thousand and a hundred tokens.
1385
01:31:27,940 --> 01:31:28,460
Okay.
1386
01:31:28,460 --> 01:31:28,960
Okay.
1387
01:31:29,380 --> 01:31:36,060
So thinking about some of the skills and strengths thattech has show us that I know myself and my people have.
1388
01:31:37,300 --> 01:31:39,540
And if I don't understand their own strengths.
1389
01:31:40,000 --> 01:31:48,660
Uh, Hey, there's a difference between my two accounts because I get a girl under my main account, but I know that.
1390
01:31:51,520 --> 01:31:52,740
And you get a feel for this.
1391
01:31:53,240 --> 01:31:59,320
And so the more data that we're adding all this other stuff you think about down the road can grow exponentially.
1392
01:31:59,380 --> 01:32:03,580
If you know the mathematics of an exponential curve, it gets huge.
1393
01:32:03,580 --> 01:32:11,980
And if you know in technology how exponentialities, the impact they create, it's beyond statement.
1394
01:32:11,980 --> 01:32:17,860
That's why a guy like Eric Schmidt, whether you like him or don't like him, he's a knowledgeable
1395
01:32:17,860 --> 01:32:18,860
guy.
1396
01:32:18,860 --> 01:32:23,460
He was CEO for Google for a long time, and it was a very successful tenure.
1397
01:32:23,460 --> 01:32:29,280
And he said, AI is not overhyped, AI is underhyped.
1398
01:32:29,380 --> 01:32:39,380
Because he understands the exponentials and where all this is going.
1399
01:32:39,380 --> 01:32:51,280
Ahmad, how many people are around?
1400
01:32:51,280 --> 01:32:53,380
He says brother, but he isn't busy in real life.
1401
01:32:53,380 --> 01:32:58,180
Yeah, I mean, there's some people who leave because they got in real life stuff.
1402
01:32:58,180 --> 01:32:59,180
Jongo.
1403
01:32:59,180 --> 01:33:00,180
Jongo's not around.
1404
01:33:00,180 --> 01:33:07,020
We did Cryptomaniacs religiously twice a week for three years, almost three years.
1405
01:33:07,020 --> 01:33:08,020
And he's not around.