Latest / The Breakfast Club / INTERVIEW: Earn Your Leisure Talk Invest Fest 2025, AI & Tech, Generational Wealth, African Diasporas + More
Transcript
- 0:01Speaker 1: Every day up. Wait, click your ass.
- 0:03Speaker 2: Up the Breakfast Club.
- 0:05Speaker 3: You're finished for y'all morning.
- 0:06Speaker 4: Everybody's d j en Vy, Jess Hilarious, Charlamagne, the goud
- 0:10Speaker 4: We are the Breakfast Club.
- 0:11Speaker 3: We got some special guests in the building, guys with
- 0:14Speaker 3: Sean and Troy Millings.
- 0:16Speaker 4: Now their invest Fast twenty twenty five is coming to
- 0:18Speaker 4: August twenty second through the twenty fourth for people like
- 0:21Speaker 4: Magic Johnson, Steve Harvey, Eastern Ray, Angela, Rod Stevene, Jackson,
- 0:25Speaker 4: to Chains, Terris, j DJ had Pretty V, John Hope, Brian,
- 0:30Speaker 4: Ryan Leslie and our very own Victams Charlomagne.
- 0:36Speaker 5: I was about to say that was crazy.
- 0:44Speaker 1: How many how many investments haven't been so for the.
- 0:46Speaker 6: Fifth flo congratulations man, you appreciate it. Jack Dorsey too,
- 0:50Speaker 6: Jack Dorsey, you.
- 0:51Speaker 7: Know it's interesting when you attempt to build something like this,
- 0:55Speaker 7: you don't know what is going to turn into. You
- 0:57Speaker 7: don't know if coach is going to show up. But
- 0:59Speaker 7: it's become a cultural staple.
- 1:01Speaker 5: Yeah, absolutely, man. Like I said five years ago, it
- 1:05Speaker 5: was an idea and shot he's had. We executed the
- 1:07Speaker 5: first year right through COVID. It was crazy. So to
- 1:10Speaker 5: see where it's at Now we talk about cultural events,
- 1:13Speaker 5: but it's the biggest, biggest business event in the world.
- 1:15Speaker 5: We talk about the amount of people that come through.
- 1:17Speaker 5: When you talk about the list of people, billionaires, entrepreneurs,
- 1:21Speaker 5: you know, everybody from trying to start to get a job.
- 1:25Speaker 5: It's a multitude of a bunch of people coming together
- 1:28Speaker 5: for the same cause.
- 1:29Speaker 4: Now, every year you do something different within Best Fast.
- 1:32Speaker 4: So what are you guys doing this year that's different?
- 1:34Speaker 6: Well, we got so we started the pitch competition last year.
- 1:37Speaker 3: It's water, by the way, that's water.
- 1:41Speaker 1: We started.
- 1:41Speaker 6: We started the pitch competition last year rest in peace
- 1:43Speaker 6: to nip We did it in the honor a Nipsey
- 1:45Speaker 6: Hustle and we had his brother, Black Sam. We had
- 1:47Speaker 6: the marathon come and we're refining it this year. You
- 1:50Speaker 6: know Paul Judges, he's like one of the top black
- 1:55Speaker 6: venture capitalists in America based in Atlanta, so we let
- 1:58Speaker 6: him just fully take it over. So it's only for
- 2:01Speaker 6: tech companies this year. One hundred and twenty five thousand dollars.
- 2:04Speaker 6: And then we got two chains. We got Angela Simmons
- 2:07Speaker 6: and we got Jalen Brown as judges. So we wanted
- 2:11Speaker 6: to kind of fine tune it because we know that
- 2:14Speaker 6: tech is the number one everybody talks about ali and
- 2:16Speaker 6: all of that. So it's like we talked about the
- 2:18Speaker 6: problems a lot, let's talk about some solutions. List empower
- 2:20Speaker 6: the next generation of entrepreneurs. We know that capital is
- 2:23Speaker 6: a big problem in our community. John Hope Bryant. So
- 2:26Speaker 6: what we're doing with him is that he's actually going
- 2:28Speaker 6: to be doing on stage mentoring. It's a challenge, like
- 2:31Speaker 6: five entrepreneurs is going to win opportunity to get on
- 2:33Speaker 6: stage with him. They're going to tell him about their
- 2:35Speaker 6: pain points, what's going wrong in their business. He's going
- 2:38Speaker 6: to give him real time feedback, and then the winner
- 2:40Speaker 6: is going to get his mentorship package just valued it
- 2:42Speaker 6: over twenty five thousand. It's like credit is access to capital.
- 2:45Speaker 6: It's like phone calls, the whole thing. So we're doing
- 2:48Speaker 6: that this year.
- 2:49Speaker 5: We have we got the deal room too, So this
- 2:51Speaker 5: is something that's important especially in our world.
- 2:53Speaker 2: Like a lot of people come with you ideas and
- 2:55Speaker 2: a lot.
- 2:56Speaker 5: Of deals go through your team and you can't fulfill
- 2:59Speaker 5: them are and so a lot of people don't have
- 3:01Speaker 5: access to that. And so our thing was like, yo,
- 3:03Speaker 5: if we can create a room with those type of
- 3:05Speaker 5: deals and have it vetted from religate companies inside the.
- 3:08Speaker 2: World at tech and all other avenues.
- 3:10Speaker 5: Why not bring that to our audience and let them
- 3:12Speaker 5: see what this is like so they could be part
- 3:13Speaker 5: of those deals as well. So we're trying to stimulate
- 3:15Speaker 5: the economy as many as possible.
- 3:17Speaker 6: And we got deals in Africa that we're gonna bring
- 3:19Speaker 6: it and we're doing for the first time ever, we're
- 3:20Speaker 6: doing a collaboration comedy show with eighty five South on Thursday.
- 3:24Speaker 6: So you're gonna make it like a whole week So
- 3:26Speaker 6: it starts on Thursday. Is the kickoff comedy show eighty
- 3:29Speaker 6: fiurselfs and Block shout to Jack dorson a who team
- 3:32Speaker 6: at Block. So the weekend is having a concert at
- 3:35Speaker 6: the State has Been Stadium on Thursday. So Block is
- 3:39Speaker 6: cash it. You know, Block owns cash app, so they're
- 3:41Speaker 6: giving away tickets for investments purchasers to get access to
- 3:46Speaker 6: the weekend concert also, so it's like a long list
- 3:50Speaker 6: of different things.
- 3:51Speaker 7: So's eyl gonna, you know, let Africa take over inst
- 3:59Speaker 7: that what they're talking about.
- 4:00Speaker 1: It onto it became Africanized.
- 4:06Speaker 2: The Yellow Fever cars. Ready you know what.
- 4:11Speaker 5: We want to make sure that we can bridge that
- 4:13Speaker 5: gap and do it in the best way. And so
- 4:15Speaker 5: a lot of people have seen us go to Africa
- 4:17Speaker 5: a few times over the past couple of months, but
- 4:19Speaker 5: we're not going there just as travelers. We're going over
- 4:21Speaker 5: there to see business opportunities, and now we're bringing those
- 4:23Speaker 5: business opportunities back to investmentst and so to.
- 4:25Speaker 2: Bridge that gap.
- 4:26Speaker 5: A lot of people go to you know, Ghana and
- 4:28Speaker 5: Nigeria for December to party, but they leave by.
- 4:31Speaker 7: The way, I'm joking. I think that's the stupidest conversation
- 4:33Speaker 7: in the world.
- 4:33Speaker 1: I don't know what.
- 4:35Speaker 6: The crazy thing is that I saw a video when
- 4:37Speaker 6: it was like, Yo, I had a great time when
- 4:39Speaker 6: Janet Jackson was there. We speak of but we spoke
- 4:40Speaker 6: about this they the Africans ran it then when he
- 4:44Speaker 6: had a great time. It's like nothing has really changed.
- 4:48Speaker 6: But like you said, I mean, it's a matter of
- 4:51Speaker 6: really just bridging the gap. It's a lot like I
- 4:53Speaker 6: like vic Mens's content a lot. You follow him, Yeah,
- 4:55Speaker 6: Like he talked a lot about the diaspora wars, and
- 4:58Speaker 6: there's a lot of that going on right now. That's
- 5:00Speaker 6: a lot of division. But Ultimately, it's not helpful to anybody,
- 5:03Speaker 6: Like it's helpful for us to work with the continent,
- 5:06Speaker 6: it's beneficial for people on the continent to work with us.
- 5:09Speaker 6: Like us dividing each other. It's not like we at
- 5:12Speaker 6: the lowest level when it comes to anything as far
- 5:15Speaker 6: as economic empowerment. So we're not really in a position
- 5:17Speaker 6: to fight. We actually going to Africa. We're going to
- 5:23Speaker 6: Benin and then we're going to Iric Coast. We got
- 5:27Speaker 6: invited by the government of Benin. You know, I don't
- 5:29Speaker 6: know if you saw, but they recently see Ira got citizenship. Yes,
- 5:33Speaker 6: so they really want to that's the crazy thing. That's
- 5:35Speaker 6: the crazy thing about Like there's a big notion of
- 5:37Speaker 6: like Africans don't like black people from America. That's not true. Like,
- 5:41Speaker 6: of course you're gonna find one or two people, but
- 5:43Speaker 6: like they like, how can we tap in with y'all,
- 5:46Speaker 6: How can we attract more people, how we can attract
- 5:49Speaker 6: more investment, Like how can we get more tourism? Like
- 5:51Speaker 6: this is something that these governments are actively trying to do.
- 5:54Speaker 6: Ghana did a great job of it, but they're not
- 5:56Speaker 6: the only country. We went to Rwanda, we went to Kenya,
- 5:59Speaker 6: We're going to Benin, we going to Ivory Coach. This
- 6:02Speaker 6: is all invitations from private sector and the public sector
- 6:05Speaker 6: saying like, look, we understand the power that you guys
- 6:09Speaker 6: have in America as far as on the cultural side
- 6:11Speaker 6: and economic side as well, come like work with us,
- 6:15Speaker 6: Like we want to have you guys here. So I
- 6:17Speaker 6: just want to dispel that rumor because that's something that
- 6:19Speaker 6: it has been permeated of, like they don't even like us,
- 6:22Speaker 6: they don't even like Black Americans. Like that's not true.
- 6:25Speaker 5: It's crazy. So that those trips that he's talking about.
- 6:27Speaker 5: While we were there, people is trying to invite us
- 6:29Speaker 5: to that country. So Uganda was on the South Africa
- 6:32Speaker 5: was on the list. They saw that we were coming
- 6:33Speaker 5: there and they respect us from the platform that we
- 6:35Speaker 5: built in America and they're like, you guys are here
- 6:37Speaker 5: for business and we want people to know that this
- 6:38Speaker 5: business taking place. So when we were in Rwanda, it
- 6:41Speaker 5: was like, wait, we've never even seen this before, right,
- 6:43Speaker 5: nobody's ever talked about Rowanda. All we think about is
- 6:46Speaker 5: the movie that we know from the nineties, and then
- 6:48Speaker 5: you get there. It's to say if this is the
- 6:50Speaker 5: cleanest place and I'm like, wait, how come people don't
- 6:52Speaker 5: know what's happening here?
- 6:52Speaker 7: Right?
- 6:53Speaker 2: Then we go to Kenya.
- 6:53Speaker 5: It's the same thing now, Benin it's that independence that
- 6:56Speaker 5: the President's like, you guys need to come the seatra
- 6:58Speaker 5: thing happened last week. But they're like, I want you
- 7:00Speaker 5: to see what independence state looks like here. I want
- 7:02Speaker 5: you to be a part of it, and I want
- 7:03Speaker 5: you to show people that this business the same thing
- 7:05Speaker 5: in Ivery Coast. This was somebody in the business world
- 7:09Speaker 5: that's like.
- 7:09Speaker 2: I love these guys.
- 7:10Speaker 5: Can they come while they're on this side of the
- 7:12Speaker 5: country side of the world. And we're like, of course,
- 7:14Speaker 5: let's do it.
- 7:14Speaker 6: And mind you, these aren't even English speaking countries. They
- 7:16Speaker 6: speak French.
- 7:17Speaker 2: Yeah, I've been working on my friends.
- 7:19Speaker 5: Yeah yeah, yeah, yeah, yeah, sweet Troy.
- 7:23Speaker 6: It travels across even language barriers.
- 7:27Speaker 3: So what do you tell people?
- 7:28Speaker 4: You know, when I met you, guys whatever, seventy eight
- 7:30Speaker 4: years ago, you all talking about crypto. Right at the time,
- 7:33Speaker 4: I didn't understand it and I wasn't into it, and
- 7:35Speaker 4: it was real low and now it's.
- 7:36Speaker 3: Through the roof, right, it happens to a lot of us.
- 7:38Speaker 4: So what do you tell people that are entry level
- 7:41Speaker 4: and saying, what's the next thing that I should be
- 7:43Speaker 4: looking at.
- 7:43Speaker 3: They're looking towards that is affordable for them.
- 7:46Speaker 6: I mean, right now, I'll let you talk about but
- 7:48Speaker 6: AI revolution, So we've been talking about in it. AI
- 7:53Speaker 6: is thought the future is right now, and it's only
- 7:55Speaker 6: going to get bigger. You see the number one company
- 7:57Speaker 6: in the world in video five years ago, no nobody
- 8:00Speaker 6: even heard of video. Now they're bigger than Apple, Microsoft, Google, Meta.
- 8:05Speaker 6: What does that tell you? What do they do? They
- 8:07Speaker 6: make computer chips. So it's like you got Taiwan Semiconductor right. Like,
- 8:13Speaker 6: artificial intelligence is not going anywhere. That's another major focus
- 8:16Speaker 6: on it for invest fest. This shit we can't run
- 8:18Speaker 6: from it, we can't hide from it. Like you got
- 8:20Speaker 6: to invest your money in these technology companies. You got
- 8:23Speaker 6: to invest your money in these artificial intelligence companies. Crypto's
- 8:27Speaker 6: not going anywhere either, but AI is literally like, the
- 8:31Speaker 6: world is not even gonna look the same in five
- 8:32Speaker 6: and ten years, It's gonna be completely different.
- 8:34Speaker 5: This is gonna be the greatest wealth transfer this this
- 8:37Speaker 5: moment in time. We said that last night, this is
- 8:40Speaker 5: the most important time in terms of investing. We've never
- 8:43Speaker 5: seen returns like this. We've never seen a company go
- 8:45Speaker 5: up by five thousand percent. We've never seen a four
- 8:47Speaker 5: trillion dollar company, let alone a three trillion dollar company
- 8:50Speaker 5: in it Like that's happening in this lifetime. As we
- 8:52Speaker 5: talked about it, when we talked five years ago, and
- 8:54Speaker 5: that you asked that question, we told you TSM, We
- 8:57Speaker 5: told you Microsoft because we knew that they were going
- 8:59Speaker 5: to lead and that hasn't changed. And if you look
- 9:01Speaker 5: at how the economy is looking right now, those companies
- 9:05Speaker 5: in video, but the companies that are built around it,
- 9:07Speaker 5: the companies that their partner where they're going to lead
- 9:09Speaker 5: the generation to And so if people are looking to invest,
- 9:12Speaker 5: they should start there.
- 9:13Speaker 1: Right.
- 9:13Speaker 2: We already know, right, people use open ai, Well, what
- 9:16Speaker 2: makes it run GPUs? Right?
- 9:18Speaker 5: Who makes those GPUs? And video makes of AMD? So
- 9:21Speaker 5: we got to invest in those companies. We already know
- 9:23Speaker 5: that we on Instagram and we on Facebook, well matter
- 9:26Speaker 5: owns that we should be involved in that.
- 9:28Speaker 1: Right.
- 9:28Speaker 5: If you look at what Mark Zuckerberg's doing, Like quietly
- 9:31Speaker 5: while we're discussing all these other things, he just stole
- 9:35Speaker 5: open ais co.
- 9:36Speaker 2: Founder, right, recruited, recruited well, paid them a lot.
- 9:42Speaker 1: Lot of money right out of money. Right.
- 9:43Speaker 2: That was two weeks after he took Alexander Wayg, who
- 9:47Speaker 2: was the CEO of Scale Ai.
- 9:49Speaker 5: Right, he took that company, well, and I took made
- 9:52Speaker 5: a deal with them for fourteen billion, right, Like, these
- 9:55Speaker 5: are the things that are happening on our watch. So
- 9:56Speaker 5: we got to be make sure that we're investing in
- 9:58Speaker 5: these companies understanding what they do so we can take
- 10:01Speaker 5: advantage of it, right else not just from a standpoint.
- 10:03Speaker 6: Also, we went to Silicon Valley, so we actually went
- 10:06Speaker 6: to Nvidia's headquarters and we went to Metas headquarters. Okay,
- 10:11Speaker 6: we go to Metas headquarters, right, we're getting the toy
- 10:13Speaker 6: Day campus. Their campus is crazy. You don't see one
- 10:17Speaker 6: black person there. You hardly don't see any white people there. Chinese, Asian,
- 10:24Speaker 6: Chinese and Indian so much. They said that they have
- 10:27Speaker 6: they have full zoom calls and Mandarin. That's how many
- 10:29Speaker 6: Chinese people work there. So, of course, from an investment standpoint,
- 10:33Speaker 6: we need to invest in tech companies. But from an
- 10:36Speaker 6: educational standpoint, like we like I don't think people fully
- 10:41Speaker 6: understand how far how far behind we are in this situation,
- 10:44Speaker 6: Like we're not even a thought in the process of
- 10:47Speaker 6: like these tech companies, not one. It might be like
- 10:49Speaker 6: one black person in the whole entire department, like three
- 10:52Speaker 6: hundred four hundred people. I'm telling you we sold our
- 10:54Speaker 6: own ours. Hundreds of kids that's twenty two years old,
- 10:57Speaker 6: twenty five, twenty six, all Asian. Every single one of
- 11:00Speaker 6: them is Asian. So it's it's it's a black problem,
- 11:03Speaker 6: but it's an American problem. Like if you look at
- 11:05Speaker 6: the for the first time, I think in twenty years,
- 11:08Speaker 6: America won, like the math Olympics. If you look at
- 11:13Speaker 6: the team, they're all Chinese people Chinese America. They're all
- 11:16Speaker 6: Chinese Americans. Yeah, what does that tell you? Like we're
- 11:20Speaker 6: falling behind so far. Educational system is terrible. And like
- 11:22Speaker 6: I said, it's not just a Black problem, it's an
- 11:25Speaker 6: American problem, Like we're losing the technolo they say in
- 11:28Speaker 6: China six months Chinas already had. I just came back
- 11:30Speaker 6: from China. China's already ten years ahead of us. Like
- 11:33Speaker 6: if we don't catch up soon, it's gonna be very
- 11:37Speaker 6: scary to judge.
- 11:38Speaker 3: When I was looking at Chinese roads and how they
- 11:41Speaker 3: have their roles and how they deal with the elements
- 11:43Speaker 3: out there where they don't have to.
- 11:44Speaker 4: They have stuff to shoots on their roads that they
- 11:47Speaker 4: which which is crazy.
- 11:48Speaker 1: I bother with you.
- 11:49Speaker 7: I don't know how we catch up, because you know,
- 11:52Speaker 7: this country has like a real sick obsession with celebrity
- 11:56Speaker 7: and they think everything celebrity and entertainment driven is.
- 11:59Speaker 1: How you get to the money. I don't know how
- 12:02Speaker 1: you change that.
- 12:02Speaker 6: And dysfunction, political dysfunction is at all time, that's nothing.
- 12:06Speaker 6: These countries can move so quickly because they're all on
- 12:08Speaker 6: one accord. Say what you want about China, like if
- 12:11Speaker 6: they want to do something, everybody's getting behind it. The UA,
- 12:13Speaker 6: everybody's getting behind it. Side there raybeit everybody's behind it America,
- 12:17Speaker 6: like you already know the political discourse that we have
- 12:19Speaker 6: in America. So nothing is done and it's only getting worse,
- 12:22Speaker 6: and then everybody's fighting. And then then you add the
- 12:25Speaker 6: social media addiction. Then you add the junk food, which
- 12:28Speaker 6: makes it hard to concentrate period. Then you add the
- 12:31Speaker 6: education system, the celebrity aspect, and yes, it's a recipe
- 12:36Speaker 6: for disaster, to be honest with you, So yeah, no,
- 12:39Speaker 6: it's going to be difficult. I'm not really sure how
- 12:40Speaker 6: it changes. But we need to really start to think
- 12:43Speaker 6: differently about it, because, like I said, what I saw
- 12:46Speaker 6: in China, like it blew me away, like the stuff
- 12:48Speaker 6: that they're doing and what they're planning, like we're not
- 12:51Speaker 6: even thinking, We're just trying to just get through the day.
- 12:54Speaker 6: You saw over them, Well, I saw the face scan.
- 12:57Speaker 6: That was pretty cool. I think that they have the
- 12:59Speaker 6: hand scan in America, but like a lot the face
- 13:02Speaker 6: skin is is like everywhere, meaning like you you go
- 13:05Speaker 6: to a gas station whatever, you get the water, and
- 13:07Speaker 6: you just I'm talking to the clerk, I just look
- 13:09Speaker 6: and just check out. And the first time she did it,
- 13:12Speaker 6: I'm like, what they do and they like, they just
- 13:13Speaker 6: scan my eyeballs, so they the bank account information is
- 13:17Speaker 6: placed in like your eyeball, bank account information is all
- 13:19Speaker 6: placed together. So you just so we were going to
- 13:23Speaker 6: live in the world soon where you don't need a
- 13:24Speaker 6: while you don't need it, you might not even need
- 13:25Speaker 6: a phone, so you just go and like the Amazon
- 13:28Speaker 6: ghost store, now they have that through the like they
- 13:30Speaker 6: can bring it up, but now they just looking at
- 13:32Speaker 6: your eyeball and so.
- 13:35Speaker 8: So yeah, I was gonna say, what do they do,
- 13:37Speaker 8: Like how what about your eyeball pays for.
- 13:40Speaker 6: It's like a personal ID.
- 13:41Speaker 2: So like you know you do it now, you just
- 13:43Speaker 2: don't realize it. You go through Claire, what do.
- 13:45Speaker 6: You do look at it, identify how much money you
- 13:50Speaker 6: or you just link it. You just link it with
- 13:51Speaker 6: a car.
- 13:52Speaker 4: It's like having your phone. It's like having your phone.
- 13:54Speaker 4: You can still get the client.
- 13:55Speaker 3: They can look at your eyes.
- 13:59Speaker 1: They broke in the eyeball.
- 14:04Speaker 2: It sound futuristic till you realize you've been doing it
- 14:05Speaker 2: this whole time.
- 14:06Speaker 5: Right, Like when you go to the Amazon Store and
- 14:08Speaker 5: we talking about AI, that's AI, right, there's cameras in
- 14:11Speaker 5: the ceiling that are scanning you put your card in
- 14:12Speaker 5: when you walk in, and you think you're walking out,
- 14:14Speaker 5: and then you get the email that wait, you just
- 14:16Speaker 5: got charge one hundred and sixteen to OUs of what
- 14:18Speaker 5: you just bought, and it's like, wait, how do they
- 14:19Speaker 5: do that?
- 14:19Speaker 4: But people are scared of that. A lot of people
- 14:21Speaker 4: are scared of that. And do you what do you
- 14:22Speaker 4: say to them? You know, people think it's taking jobs.
- 14:24Speaker 4: Like you said, the Amazon store, there's nobody. There's one
- 14:26Speaker 4: guy working in and make sure people just don't run out.
- 14:28Speaker 4: But besides that, there's nobody ringing you up. There's nobody
- 14:31Speaker 4: doing anything like that, and people are thinking that it's
- 14:33Speaker 4: taking jobs, it's taking opportunity, it's taking their future away.
- 14:36Speaker 3: So what do you say to that.
- 14:37Speaker 5: I say, we got to get educated on it, right,
- 14:39Speaker 5: Like I grew up in an education system where it
- 14:41Speaker 5: was like learn mander and learn manner. That's what they
- 14:42Speaker 5: were telling kids when I was teaching then, it was
- 14:44Speaker 5: like they should learn code and they shoul learn crollon.
- 14:46Speaker 5: And it's like, well there's a prompt now to do that,
- 14:48Speaker 5: you know what I'm saying. And so like we get
- 14:50Speaker 5: to realize that AI is not our enemy, it's our copilot.
- 14:53Speaker 5: And so if we think about it, like we'll still
- 14:55Speaker 5: find a plane, but this is going to help us.
- 14:57Speaker 2: The people that will work with it and understand it
- 14:59Speaker 2: will go go ahead.
- 15:00Speaker 5: The people who try to deny it and be afraid
- 15:03Speaker 5: of it, it's gonna be tough for them to succeed
- 15:05Speaker 5: because you're battling super intelligence. You're talking about something that's
- 15:07Speaker 5: super efficient, that never stops working, that's always getting better,
- 15:11Speaker 5: that never gets tired, that doesn't need any you know,
- 15:14Speaker 5: PTO or insurance.
- 15:15Speaker 3: It's no man.
- 15:17Speaker 5: No maternity all and it's only getting better. If it
- 15:20Speaker 5: makes a mistakes, it gets better, right, So how do
- 15:22Speaker 5: you compete with that? You don't you join it?
- 15:24Speaker 4: Do we go back to the days of forcing our
- 15:26Speaker 4: kids to do things? Like you remember growing up as
- 15:28Speaker 4: a kids, your parents forced you to You're gonna take
- 15:30Speaker 4: You're gonna be an attorney, You're gonna be a lawyer,
- 15:32Speaker 4: you're gonna be a doctor.
- 15:34Speaker 3: Nowadays these kids are like the smartest.
- 15:36Speaker 5: One though, But that's the thing, right The value add
- 15:39Speaker 5: is like who's the smartest one? Do you have to
- 15:41Speaker 5: be the smartest one or could you just be the
- 15:43Speaker 5: person that understands that I need to use this because,
- 15:46Speaker 5: like you said, like a lawyer, it's interesting right Like
- 15:48Speaker 5: right now, if I go to Anthropica, I'll go to
- 15:50Speaker 5: chat GBT and I get, you know, documents from a
- 15:53Speaker 5: law office. I'll say it like, hey, I want you
- 15:55Speaker 5: to attack this case the way that's disfirmed it and
- 15:58Speaker 5: in five minutes is going to understand exactly how the
- 16:00Speaker 5: firm the tax case if it's a prosecutor, and defend it.
- 16:03Speaker 2: And now I got a hold for twenty nine dollars
- 16:05Speaker 2: a month, Well.
- 16:05Speaker 1: That's what the thing.
- 16:07Speaker 8: But that's what I'm saying though, even if we looking
- 16:10Speaker 8: at it, not looking at it like it's our enemy,
- 16:13Speaker 8: what the hell we gonna do their jobs?
- 16:15Speaker 2: Like what do we?
- 16:17Speaker 6: And you can't sugarcoat it's about it's gonna get real
- 16:19Speaker 6: scary from schooky hours because it's like, all right, technology
- 16:22Speaker 6: are always replaces low skilled labor. Right, So before you're
- 16:28Speaker 6: from Baltimore ran yep, okay, you're from New York. So
- 16:30Speaker 6: you remember back in the days when you used to
- 16:32Speaker 6: go over any bridge in New York, people there, right,
- 16:35Speaker 6: and they have to give them five dollars, they give
- 16:37Speaker 6: you two hundred two dollars fifty cent back. Those were jobs.
- 16:40Speaker 2: Yep.
- 16:42Speaker 6: There's nobody working those jobs anymore. Right, So that's the
- 16:45Speaker 6: way that that's that's how technology replaced jobs. But people
- 16:48Speaker 6: will look at it like, okay, that's low skilled labor,
- 16:51Speaker 6: or like cashiers, but you just ripped cashiers. Now most
- 16:55Speaker 6: stores have like maybe one cashier, but most of it
- 16:57Speaker 6: is self checkout. Some store don't have any cashier. But
- 17:01Speaker 6: now we're going to start to see high skilled job
- 17:03Speaker 6: being replaced, like he said, lawyers, doctors. We was in Africa, Kalise,
- 17:08Speaker 6: We was in Kenya, Kalise's youngest son is getting taught
- 17:11Speaker 6: by AI too, school fully fully AI. So now you
- 17:15Speaker 6: got education that's about to get replaced. You got a doctors, lawyers,
- 17:20Speaker 6: these engineers, like this is very high skilled jobs that
- 17:25Speaker 6: people go and pay hundreds of thousands of dollars for
- 17:27Speaker 6: their degree. So now you're not only getting low skilled
- 17:30Speaker 6: replace you're getting high skilled replaced too. So save your money,
- 17:33Speaker 6: invest your money. Like if I can give anybody advice
- 17:36Speaker 6: right now, like you gotta invest your money, and you
- 17:39Speaker 6: gotta have you got to almost you got to be
- 17:42Speaker 6: an entrepreneur on a certain level, right because just relying
- 17:46Speaker 6: on a job and a skill set, there's no job
- 17:48Speaker 6: that's safe, even this job they having AI people that's
- 17:50Speaker 6: doing podcasts. So the whole series very soon, it's going
- 17:55Speaker 6: to be so good that you might not even know
- 17:57Speaker 6: that it's the AI. And so invest your money crypto
- 18:03Speaker 6: tech stocks like start now. Like entrepreneurship vitally important. That's
- 18:09Speaker 6: even more important than the skill set because you could
- 18:11Speaker 6: learn technology is not that hard to learn, that's the
- 18:13Speaker 6: good thing about it. But if you don't have a business,
- 18:16Speaker 6: you don't have cash flow, like it's going it's going
- 18:19Speaker 6: to be very, very difficult.
- 18:20Speaker 1: Let me ask you about this.
- 18:21Speaker 7: You know, they're talking about the contracted economy and they
- 18:24Speaker 7: say that's going to reach two point five trillion this
- 18:26Speaker 7: year alone, and they say ai AI is coming for
- 18:29Speaker 7: the coders, that electricians, and well just the Black Rock
- 18:32Speaker 7: CEO says, we need a half a million electricians over
- 18:35Speaker 7: the next few years.
- 18:36Speaker 1: What do you think about that?
- 18:38Speaker 6: Yeah, we do, we do electricians.
- 18:41Speaker 1: The massive shortage of skills like but.
- 18:43Speaker 6: Even that, that's true, but you need to be an entrepreneur.
- 18:47Speaker 6: But people that got but I'm saying some a lot
- 18:51Speaker 6: of people don't look at it like that. They'll go
- 18:53Speaker 6: into it saying like I want to be a plumber
- 18:55Speaker 6: and I want to work for a plumbing companies.
- 18:59Speaker 1: Own woman company.
- 19:00Speaker 6: But yeah, no, that's still needed for now. But yeah,
- 19:03Speaker 6: but I think.
- 19:04Speaker 1: That's gonna be a way.
- 19:06Speaker 7: That's gonna be a way to reach black people because
- 19:08Speaker 7: black people understand that. So when you start talking those
- 19:10Speaker 7: kinds of numbers and letting people know like skilled label,
- 19:13Speaker 7: you know, the contracting economy is a two point five
- 19:15Speaker 7: trillion dollar business and we need a half a million
- 19:17Speaker 7: more of those over the next few years.
- 19:20Speaker 1: That's something they understand. They may not understand the AI conversation.
- 19:24Speaker 6: That's insightful. We don't have time to keep you got
- 19:28Speaker 6: to catch up. You don't understand, you got to catch up.
- 19:30Speaker 6: I understand. I respect laborers, but black people can do
- 19:33Speaker 6: more than just being a laborer. No, it is nothing
- 19:36Speaker 6: wrong with it. But why we always relegated to the
- 19:39Speaker 6: blast of black jobs. That's what Trump was all about
- 19:41Speaker 6: black jobs, right, Like, no, we need to we need
- 19:43Speaker 6: to do that, but we need to be playing at
- 19:44Speaker 6: the highest level possible.
- 19:45Speaker 2: That's why we need.
- 19:46Speaker 6: To be starting tech companies. We can't just say, okay,
- 19:49Speaker 6: this is what we know, this is what we can
- 19:51Speaker 6: relate to that. All right, you're not gonna become it's
- 19:54Speaker 6: super rich being a plumber. Let's just be honest. It's
- 19:57Speaker 6: nothing wrong with that.
- 19:57Speaker 1: But unless you start a plumbing company and you got
- 19:59Speaker 1: the contract for this bad.
- 20:00Speaker 5: But how many you don't have a billion dollar evaluation,
- 20:03Speaker 5: a billion dollar exit.
- 20:05Speaker 6: It's happening like when okay, so when Mark Cuban says
- 20:08Speaker 6: that there's going to be trillionaire started in the basement, right, like,
- 20:12Speaker 6: you're talking about companies that's going to reach one hundred
- 20:14Speaker 6: million dollar valuations. In six months, like real quick. We
- 20:17Speaker 6: got to get in on this. That's why we're doing
- 20:20Speaker 6: the tech giveaway. As far as at Investmentest, like yes,
- 20:24Speaker 6: but we can't just we've been in this country for
- 20:27Speaker 6: too long. We gotta play quick, quick, catch up. We
- 20:30Speaker 6: can't play okay, now, we got fifty years to catch up.
- 20:32Speaker 6: We're going to start at this level. I'm telling you,
- 20:35Speaker 6: if we're playing that game and fifty years, it's going
- 20:37Speaker 6: to be.
- 20:37Speaker 1: I agree with you, and that's what I love talking
- 20:39Speaker 1: to y'all.
- 20:39Speaker 7: But if the black Rock CEO is saying that a
- 20:41Speaker 7: two trillion dollar wealth shift is coming because of the
- 20:44Speaker 7: contractor economy, and he and we already I always encourage
- 20:48Speaker 7: people to go to trade school.
- 20:49Speaker 2: You're talking about, Larry, You think, right, it's needed. Yeah,
- 20:52Speaker 2: it's needed. I get what you it's needed, right.
- 20:54Speaker 5: But a lot of these guys life they shout out
- 20:57Speaker 5: to black Ron part that Investest the largest asset manager
- 21:01Speaker 5: company in the world over thirteen training assets. Right, that's
- 21:04Speaker 5: cool if you want to keep it. But we're trying
- 21:05Speaker 5: to get people to sustainable wealth.
- 21:07Speaker 2: Right.
- 21:08Speaker 5: We're talking about life changing, generational changing, and that's why
- 21:11Speaker 5: it's important to talk about technology because we've over indexed
- 21:14Speaker 5: in some of these professions. We know that, right, Like
- 21:16Speaker 5: my uncle's a plumber, Yo, my cousin does age that,
- 21:19Speaker 5: but I don't know anybody that has an AI startup, right, Like.
- 21:23Speaker 2: We have to be in that.
- 21:24Speaker 5: We're talking about these prompts that they're not being created
- 21:27Speaker 5: by us. In fact, the data centers that are being built,
- 21:29Speaker 5: they're not being built by us either.
- 21:31Speaker 2: Right.
- 21:31Speaker 5: So when we're talking about discrimination in this world, imagine
- 21:34Speaker 5: when it gets to that world and it doesn't care
- 21:36Speaker 5: and there is nobody to answer that call and you
- 21:38Speaker 5: can't complain about it.
- 21:40Speaker 2: Right, we got to be inside that.
- 21:41Speaker 5: We got to be creative, We got to be innovative
- 21:43Speaker 5: to have something, right because we keep seeing it.
- 21:45Speaker 2: We watch Vine and Facebook.
- 21:47Speaker 5: We made all these things popular, Instagram popular, TikTok popular.
- 21:53Speaker 2: Nothing is us. We got to be in that conversation.
- 21:56Speaker 7: Another thing too, right, And we have these conversations, say,
- 22:00Speaker 7: you know, we about to see these trillion dollar companies, right,
- 22:03Speaker 7: like we haven't seen a trillionaire yet.
- 22:05Speaker 1: Everybody not gonna be a trillionaire. No, everybody not gonna
- 22:07Speaker 1: be a billionaire. Everybody not gonna be a multimillionaire. There
- 22:10Speaker 1: is gonna have to be some hundred thousands, you know
- 22:12Speaker 1: what I'm saying.
- 22:13Speaker 7: So I guess the question what does generational wealth look like?
- 22:16Speaker 1: Because that should be subjective.
- 22:17Speaker 6: Well, it starts with companies, and like Jensen Want, who
- 22:22Speaker 6: was the CEO of in Video, he said he said,
- 22:25Speaker 6: I made more millionaires than any company I'm paraphrasing, So
- 22:28Speaker 6: he's obviously a billionaire. His companies were four trillion. But
- 22:33Speaker 6: there's thousands of people that working in video that became
- 22:36Speaker 6: millionaires or one million, two million, three million, four million.
- 22:39Speaker 6: So look at the economic impact, That's what I'm saying.
- 22:41Speaker 6: As far as the entrepreneur, we can see it even
- 22:43Speaker 6: on the like us personally, we employed thirty people, right,
- 22:47Speaker 6: So I'm always gonna hammer Like Dame Dash wasn't wrong
- 22:51Speaker 6: in what he said the delivery. I think the way
- 22:55Speaker 6: that he went about it was was But that interview
- 22:57Speaker 6: still resonates to this day because because we don't own
- 23:01Speaker 6: enough businesses, we don't. So as far as generational wealth,
- 23:05Speaker 6: a lot of times that's just a catchphrase. It don't
- 23:08Speaker 6: mean nothing, Like what does that even mean? Generational wealth? Like,
- 23:11Speaker 6: generational wealth is having sustainable businesses that you're employing people,
- 23:14Speaker 6: and you can pass something down and you have an
- 23:16Speaker 6: ecosystem and this shit is flowing NonStop. Not just Okay,
- 23:19Speaker 6: I made a bunch of money, because nine times out
- 23:21Speaker 6: of ten, you're either gonna end up blowing it, you
- 23:23Speaker 6: gonnat get divorced and lose it, or your kid is
- 23:26Speaker 6: gonna blow it. So but if it's a system in
- 23:29Speaker 6: place and you can actually employ people and you can
- 23:32Speaker 6: actually have things that's actually moving the ecosystem the right way,
- 23:36Speaker 6: that's that's more beneficial than one person becoming extremely successful.
- 23:42Speaker 4: Now what I said, I look at generational wealth as
- 23:44Speaker 4: freedom though it's not just amount of money you make.
- 23:46Speaker 2: Right.
- 23:47Speaker 4: You look at some people who might only make one
- 23:50Speaker 4: hundred thousand dollars or two hundred thousand dollars, a lot
- 23:53Speaker 4: of money, it is, but they're happy. They're happy in
- 23:56Speaker 4: that person that makes ten million dollars. Then happen in
- 23:58Speaker 4: that person that makes twenty million dollars, but they able
- 24:00Speaker 4: to make sure their family is good for generations for
- 24:03Speaker 4: that level. But it's happiness because at the end of
- 24:06Speaker 4: the day, after money, I just want my kids to
- 24:08Speaker 4: be happy.
- 24:09Speaker 3: I don't want them to be stressed out. I don't
- 24:10Speaker 3: want to worry about it.
- 24:11Speaker 4: I just want them to be happy and live the
- 24:12Speaker 4: way that they want to live. If they want to
- 24:13Speaker 4: do nails, I want them to do nails because at
- 24:15Speaker 4: the end of the day, life is short.
- 24:16Speaker 7: You just want them to be happy, but you do
- 24:17Speaker 7: want to encourage them to own that's exactly a lot
- 24:20Speaker 7: of money.
- 24:21Speaker 6: Yes, you know, it's not a lot of money, but
- 24:23Speaker 6: it's a lot of money. What you said, people listening
- 24:29Speaker 6: to us in New York City and New York City.
- 24:31Speaker 1: Yes, but the people listening to us who don't have
- 24:33Speaker 1: no years, you're not.
- 24:35Speaker 6: It's not it's not to discourage somebody, but it's also
- 24:38Speaker 6: to be realistic, you know, you you know it's not
- 24:42Speaker 6: you know, I know it's not a lot of money.
- 24:44Speaker 1: Granted, a lot of money. I mean it's a lot
- 24:47Speaker 1: of money to somebody, a lot of being of America.
- 24:52Speaker 5: If you make a hundred thousand dollars a year in
- 24:54Speaker 5: New York you're coming home with sixty seven thousand dollars.
- 24:56Speaker 1: It's a lot of money.
- 24:58Speaker 6: It's not a lot of money. You know. There wasn't
- 25:01Speaker 6: a lot of money when I made a hundred thousand.
- 25:02Speaker 8: Dollars, Okay, So I can relate to that part, you know,
- 25:05Speaker 8: like before I even made my first hundred thousand, and
- 25:08Speaker 8: I'm like, ah, no, same, Like it's easy to do.
- 25:10Speaker 8: When I did it, I'm all right, now, what's five
- 25:12Speaker 8: hundred thousand?
- 25:13Speaker 1: All right?
- 25:14Speaker 3: You know what I mean?
- 25:14Speaker 8: So, yeah, it's one hundred thousand dollars is a lot
- 25:18Speaker 8: of money to certain people, but not to me because
- 25:21Speaker 8: of my expenses.
- 25:22Speaker 1: And shit that I'm doing.
- 25:24Speaker 2: I get that, Like my lifestyle is.
- 25:26Speaker 5: Not back to what you're saying though, at everybody? Is
- 25:29Speaker 5: that sustainable?
- 25:30Speaker 1: Right?
- 25:30Speaker 5: If I make one hundred thousand dollars a year, can
- 25:32Speaker 5: I create a lifestyle that's sustainable for my family going forward?
- 25:35Speaker 1: No, you can't live. It depends because you're probably keeping food.
- 25:38Speaker 7: You're probably keeping food on the table and a roof
- 25:40Speaker 7: over your head, and you live in check.
- 25:42Speaker 5: And my kids gonna have to do the same thing,
- 25:43Speaker 5: and then their kids gonna to do the same thing.
- 25:45Speaker 5: That's not sustainable because they're gonna Right, there's no guarantee
- 25:48Speaker 5: like my parents.
- 25:49Speaker 2: My dad did that right, Like he.
- 25:50Speaker 5: Worked for forty two years, right, it guarantees me nothing.
- 25:54Speaker 5: He spent more time at work than he did at home.
- 25:56Speaker 5: He didn't come to my basketball games because he had
- 25:58Speaker 5: to work. Right, He's weekend sometimes going to work when
- 26:02Speaker 5: I turn eighteen. He didn't guarantee me an interview at
- 26:04Speaker 5: his job. They didn't guarantee me that I keep it
- 26:06Speaker 5: walking the building.
- 26:07Speaker 1: Would you good at basketball? Wow?
- 26:16Speaker 2: Support from Jamaica. Man, we only got Patrick.
- 26:30Speaker 1: To play. You want to play basketball.
- 26:31Speaker 2: I'm not supporting.
- 26:35Speaker 6: I'm not.
- 26:36Speaker 2: If he's not a bowler, I'm not going.
- 26:39Speaker 5: But you understand that that premise is like, now I
- 26:42Speaker 5: have to go figure out what I'm gonna do right.
- 26:44Speaker 5: I can't do his career. I gottaigure out what I'm
- 26:45Speaker 5: gonna do right. My goal was to make sure that
- 26:48Speaker 5: if I had something, I can pass it do the
- 26:49Speaker 5: same thing. You've always talked about saying everybody here is
- 26:51Speaker 5: doing it. We're not being candid about it, like we
- 26:54Speaker 5: have to tell him, like, look, I'm trying to create
- 26:57Speaker 5: something that's sustainable. I could pass it down to you.
- 26:59Speaker 5: You may not even want to do that, right, Like
- 27:01Speaker 5: the plumber. Right, you've watched your dad be a plumber
- 27:04Speaker 5: work hard. You're like, I don't want to do that.
- 27:05Speaker 5: A lot of kids grow up like I don't want
- 27:07Speaker 5: to do that. They in the tech world. They want
- 27:08Speaker 5: to figure out how they can use technology to advance
- 27:11Speaker 5: their careers. Right, so we got to, hey, here's some
- 27:14Speaker 5: assets to flourish your dream whatever it is, rather than
- 27:17Speaker 5: don't figure it out on your own. I know I
- 27:19Speaker 5: did announce your turn.
- 27:20Speaker 8: So for my son, my son is thirteen, my son
- 27:24Speaker 8: wants to get into tech, Where does he even start
- 27:27Speaker 8: with that?
- 27:28Speaker 2: What's his interest right now? Is he into social media?
- 27:31Speaker 1: Is he is he into gaming software?
- 27:33Speaker 8: He likes he wants to, like, you know, like the
- 27:35Speaker 8: STEM programs and all that type of stuff.
- 27:37Speaker 7: But if we're so.
- 27:39Speaker 8: Fucking behind already, like, how like where would he even
- 27:43Speaker 8: start with that?
- 27:44Speaker 6: Well, the good thing is that we are behind, but
- 27:48Speaker 6: you can catch up quick with technology. Nip had a
- 27:51Speaker 6: great quote when he was like, technology hasn't powered everybody,
- 27:54Speaker 6: and it's kind of level with the playing field, even
- 27:55Speaker 6: though the playing field has never been leveled. But still
- 27:58Speaker 6: all right, so you just start with the basics. I
- 28:00Speaker 6: was like, I feel like New York City band chat GBT,
- 28:02Speaker 6: dumb decision. Hopefully if we get a new mayor, we
- 28:06Speaker 6: can have some level of voicing as far as its education.
- 28:10Speaker 6: Why did they mant because kids, it is cheap they say, kids'
- 28:12Speaker 6: is gonna be cheating on the on the essays and
- 28:14Speaker 6: using the g But my thing is, why are you
- 28:17Speaker 6: trying to ban But okay, this is my thing right? True?
- 28:21Speaker 6: Math math?
- 28:22Speaker 1: Right?
- 28:23Speaker 6: How I learned math, how everybody learns math is that
- 28:25Speaker 6: you do it with a pen and paper and you
- 28:26Speaker 6: do long division. Okay, never in life are you ever
- 28:31Speaker 6: going to have to do that a lot of times
- 28:32Speaker 6: if you use the calculator, you was cheating. So when
- 28:35Speaker 6: I became a financial advisor, I had to use a
- 28:37Speaker 6: financial calculator and I had to learn how to use
- 28:39Speaker 6: a financial calculator. Financial calculator is different from a regular calculator.
- 28:43Speaker 6: My thing is that that would have been helpful for
- 28:45Speaker 6: me to learn how to use a calculator, more so
- 28:48Speaker 6: than learning how to use long division. Now it's gonna
- 28:50Speaker 6: be some people like, well that helps you think and
- 28:52Speaker 6: cognitive thinking skills da da da da not needed. And
- 28:56Speaker 6: I noticed for a fact, because I worked in finance
- 28:58Speaker 6: for twelve years, I never did I never did math
- 29:01Speaker 6: equations with my hand. I only did math equations with
- 29:03Speaker 6: a calculator. It would be more beneficial to teach children
- 29:07Speaker 6: how to do math with calculators, because that's what they're
- 29:09Speaker 6: going to do in real world. It would be more
- 29:11Speaker 6: beneficial to embrace chat GBT and teach kids how to
- 29:14Speaker 6: use chat GBT and how to prompt right. And this
- 29:18Speaker 6: is basic things that you could just do on your phone,
- 29:19Speaker 6: how to use gronk, how to use because it's not
- 29:22Speaker 6: going anywhere. So you're trying to teach a kid how
- 29:24Speaker 6: to actually write an essay. Well, when in life are
- 29:28Speaker 6: you going to need to write an essay?
- 29:31Speaker 1: Right?
- 29:31Speaker 6: Because I just wrote something just now and I fragment thoughts,
- 29:34Speaker 6: I put it in chat GBT and I say fix it,
- 29:37Speaker 6: and it puts together a well written train of thought.
- 29:40Speaker 5: That's the idea of the teacher that works with it's
- 29:43Speaker 5: going to get ahead because what happens when you banned
- 29:45Speaker 5: something more kids gonna use it. Right, It's like yo,
- 29:48Speaker 5: you should small kids gonna smoke, We're gonna prohibit alcohol.
- 29:51Speaker 2: What happens.
- 29:52Speaker 5: People are going to do what they're told not to do,
- 29:55Speaker 5: and so we got to figure out how we work
- 29:57Speaker 5: with it. The problem is, and I come from education
- 29:59Speaker 5: feel where it's like we feel threatened. Right, if it
- 30:02Speaker 5: checks the work and if it can have corrective census formation,
- 30:06Speaker 5: Then what am I supposed to do a lot.
- 30:08Speaker 7: Of people say that, you know, they're afraid that it's
- 30:09Speaker 7: gonna mess with their cognitive ability. So I agree with
- 30:12Speaker 7: with shad Is saying, just teach people how to use
- 30:14Speaker 7: their brain to prompt the chat GPT, work alongside with it,
- 30:18Speaker 7: work with it, assistant, like, don't.
- 30:19Speaker 1: Let it do the work for you.
- 30:21Speaker 4: Yeah, but that's the problems, right, Like if you give
- 30:24Speaker 4: any kid homework, right and they know they have chat
- 30:27Speaker 4: GPT nine times out of ten, if their parents are
- 30:30Speaker 4: not over them, they're gonna put that thing in the
- 30:31Speaker 4: chat GPT and it's gonna come up with the answer.
- 30:33Speaker 6: But that's not necessarily a bad thing.
- 30:37Speaker 3: Yeah, I don't have to think anymore.
- 30:38Speaker 4: What I have to do is put the question in
- 30:40Speaker 4: hands it and I'm not even the homework.
- 30:43Speaker 5: Is to reinforce what was learned in school, correct, right,
- 30:45Speaker 5: Like at a certain point are you still checking homework.
- 30:49Speaker 2: Such a good I'm not masthing my wife does exactly.
- 30:55Speaker 2: It's like at a.
- 30:56Speaker 5: Certain point, like what they learned in school is reinforced
- 31:00Speaker 5: at home. But if the kids are like, let's teach
- 31:02Speaker 5: them more things, Like I always tell learning doesn't stop
- 31:05Speaker 5: in the four walls of a building. Let's teach them
- 31:08Speaker 5: about other things that you learn that in school. Let's
- 31:10Speaker 5: add to it, let's figure out how we use it.
- 31:12Speaker 5: That's why we got to teach them how to use AI.
- 31:14Speaker 5: That's why we got to teach them how to prompt
- 31:16Speaker 5: because we know that's where this is going, right. We
- 31:18Speaker 5: got to teach them like, if they're gaming, what's making
- 31:21Speaker 5: the graphics that good? Now I can tell there's a
- 31:23Speaker 5: segue there that if I'm paying for roebucks, let me
- 31:26Speaker 5: tell them how they can invest in that. What's new,
- 31:28Speaker 5: what's coming on roebucks in the next three months. It's
- 31:30Speaker 5: the same thing when I look at Netflix. Right, while
- 31:32Speaker 5: I'm investing Netflix, I look at what the rollout is
- 31:34Speaker 5: for the next three months, six months, or they got
- 31:36Speaker 5: the crowfit right okay, or they got the NFL contract.
- 31:39Speaker 5: I bet this is a company I can see sustainability in.
- 31:42Speaker 5: We got to have seguys and relatability to the real world.
- 31:46Speaker 1: Y'all bought up dame. That's and I always say, why
- 31:48Speaker 1: do you.
- 31:48Speaker 2: Look at us like that?
- 31:49Speaker 8: Just because I'm just thinking, I'm thinking about it now.
- 31:54Speaker 8: You just really don't realize how much we use AI,
- 31:58Speaker 8: we consume it because y'all, I got a homeboy who
- 32:02Speaker 8: uses chat GPT to communicate his feelings with his girlfriend.
- 32:09Speaker 8: Like seriously, he's not really good with expressing himself with
- 32:14Speaker 8: childhood or whatever Showerhood's like he's just not able to
- 32:20Speaker 8: express himself. So like his girl was about to leave
- 32:23Speaker 8: him for that, Like yo, like you're not intimate or
- 32:26Speaker 8: I mean, you're not affectionate with me, Like you don't
- 32:28Speaker 8: express And he downloaded chet GPT.
- 32:31Speaker 1: That saved his fucking relationship.
- 32:33Speaker 8: Like he expresses himself to her and it's teaching him.
- 32:37Speaker 8: And it's like his best friend like he talked to this,
- 32:39Speaker 8: My best friend got Bible studied with jet chat CHPT, Like.
- 32:44Speaker 5: It's crazy that that's the agentic AI is the next
- 32:47Speaker 5: wave right where it's like, yeah, you have a.
- 32:49Speaker 2: Phone agentic right, So it's an agent.
- 32:51Speaker 5: Everybody has an agent that you work with so to
- 32:54Speaker 5: express your feelings, to help you out to be a companion.
- 32:57Speaker 2: Like you ever seen a movie her?
- 32:59Speaker 5: Yeah, you already know we're headed with this, right, Like
- 33:02Speaker 5: that relationship piece is crazy.
- 33:04Speaker 2: You want to talk about the thirdy part?
- 33:06Speaker 6: When we went to when we went to a video,
- 33:08Speaker 6: we heard Jensen gave his keynote, so he was saying, like,
- 33:11Speaker 6: right now, AI is pretty much like, Okay, let's say
- 33:13Speaker 6: you have your family coming over for Thanksgiving dinner, right,
- 33:16Speaker 6: and you list eight names and you give it to
- 33:19Speaker 6: chat GBT and you like, put these names, sort it
- 33:23Speaker 6: out right. So they'll say, okay, Uncle Johnny says here,
- 33:28Speaker 6: little Nazia says here. They all just it's just like
- 33:32Speaker 6: not really too much thought into it. They're just putting
- 33:35Speaker 6: it together. The next level of AI, you'll say, they'll say,
- 33:39Speaker 6: asks me more, tell me more information. Okay, well he
- 33:43Speaker 6: has a drinking problem. Da. They start to make rational
- 33:47Speaker 6: decisions like okay, well I think it's best suited if
- 33:50Speaker 6: you have Charlemagne on this side of the table and
- 33:52Speaker 6: Aunt Jackie on that side of the table. Reason being
- 33:55Speaker 6: is because last thanks Given they had an argument dad.
- 33:58Speaker 6: So that's the next iteration of AI is with is
- 34:00Speaker 6: it's actually having rational thought. AI can't really have rational
- 34:05Speaker 6: thought right now. It can tell you like, okay, write
- 34:07Speaker 6: a sentimental poem. It'll write a sentimental poem, but if
- 34:10Speaker 6: you ask it too much in depth questions, it's not
- 34:12Speaker 6: going to be able to fully process it. The next
- 34:14Speaker 6: level of AI is like, that's what separates humans is
- 34:17Speaker 6: that we have rational thought, right, and empathy and empathy
- 34:21Speaker 6: and reasoning. So now all of that is going to
- 34:23Speaker 6: be combined into AI. So that's the real level of companion.
- 34:27Speaker 6: That's a real companion, right when you can actually you can,
- 34:30Speaker 6: you can have empathy, sympathy, you can reason, you can
- 34:33Speaker 6: raise your voice if necessary, you can. And the other
- 34:38Speaker 6: part that's coming is the physical robotics. So it's crazy
- 34:48Speaker 6: because we are looking at a situation where potentially people
- 34:52Speaker 6: will start choosing companions that are not humans. That's something
- 34:57Speaker 6: that it may sound like a far far reality, but
- 35:01Speaker 6: they're already working on that because think about how many
- 35:03Speaker 6: people have social anxiety. Think about how many kids after
- 35:06Speaker 6: COVID still don't know how to talk to Like you said,
- 35:08Speaker 6: like a lot of people scared to talk to girls,
- 35:11Speaker 6: are scared to talk to men. They don't want to
- 35:12Speaker 6: leave their home. If you can have the perfect person
- 35:15Speaker 6: that you designed by the way, you design how they look,
- 35:17Speaker 6: you design how they talk to, you can design the interaction.
- 35:21Speaker 6: Anything that they make in a movie is a preview
- 35:23Speaker 6: what's going to happen in the future. So they already
- 35:25Speaker 6: had these in the movies twenty years ago. Right, So
- 35:28Speaker 6: now when you start to see, okay, it starts with
- 35:32Speaker 6: a dog, it starts with a pet, like this is
- 35:33Speaker 6: my pet, then this is my assistant. Now the next
- 35:37Speaker 6: thing is this is my wife. It's crazy. This is
- 35:40Speaker 6: why we have to be involved in it because if
- 35:42Speaker 6: not like Ai, this is the first time in human
- 35:45Speaker 6: history where we've created something that's smarter than us. How
- 35:47Speaker 6: can you control it? And everybody that's smart says it,
- 35:50Speaker 6: like Elon Muss, All of these people are saying the
- 35:53Speaker 6: same thing, like they don't really know how far AI
- 35:56Speaker 6: is going to go because it's smarter than us. Imagine
- 35:58Speaker 6: if your dog was one hundred times I'm smarter than you,
- 36:01Speaker 6: would you feel comfortable having it next to you?
- 36:04Speaker 1: The way the ones programming it right always just unplugged.
- 36:07Speaker 2: But it's not.
- 36:08Speaker 5: It's not an unplugged when you're talking about so like
- 36:11Speaker 5: that data center economy, right, these huge, big factories that
- 36:14Speaker 5: they're building.
- 36:15Speaker 2: Each one of those factories right has one.
- 36:18Speaker 5: Hundred to two hundred and three hundred supercomputers inside, so
- 36:22Speaker 5: one supercomputer smarter than us already. It ain't as simple
- 36:25Speaker 5: as an unplugged right, like that's that's what happens. Like
- 36:28Speaker 5: people don't understand how this works. When you send the prompt,
- 36:30Speaker 5: it goes through the Wi Fi and the cloud and
- 36:32Speaker 5: it gets to that data center and it comes.
- 36:33Speaker 2: Back with the prompt.
- 36:34Speaker 5: Those supercomputers are always working twenty four hours a day,
- 36:39Speaker 5: seven days a week, and it's getting smarter every single second.
- 36:41Speaker 1: They're already rebelling, Yeah, they had God.
- 36:45Speaker 6: They tried to extort the God.
- 36:46Speaker 1: You've seen that he's reveal your affair.
- 36:49Speaker 5: Yeah, yeah, and that was a test run, but that
- 36:51Speaker 5: could happen. You give it your text, like if you
- 36:53Speaker 5: had a test conversation right now, like what your friend did,
- 36:56Speaker 5: and you sent that into a GBT and said like, hey,
- 36:59Speaker 5: how do you think my reasoning was here?
- 37:01Speaker 2: Right?
- 37:01Speaker 5: How did did you think I was aggressive? It's going
- 37:04Speaker 5: to give you a logistic understanding of the conversation and
- 37:08Speaker 5: give you feedbacks.
- 37:09Speaker 6: Sam Altman already said anything that you say the chat
- 37:12Speaker 6: GBT can be used against you, like technology can tell
- 37:16Speaker 6: the cops, like you know, he told me that he
- 37:18Speaker 6: committed this crime. Expart, Like you're talking to chat GBT,
- 37:20Speaker 6: you telling them information. You're not thinking that you're talking
- 37:23Speaker 6: to something that actually has the ability to tell on you.
- 37:27Speaker 6: He said it like, yes, don't tell chat GBT something
- 37:31Speaker 6: that you don't want something somebody else to know.
- 37:33Speaker 7: And that shit is scared because I was already I
- 37:34Speaker 7: was thinking exactly what you said, and I was going
- 37:36Speaker 7: to say the whole thing about Sam Altman. So just think,
- 37:39Speaker 7: just think about how brain like, and think about when
- 37:42Speaker 7: you be on your phone sometime and you talking and
- 37:43Speaker 7: you look at your phone and all this is making us,
- 37:47Speaker 7: but just one hundred times better.
- 37:49Speaker 4: Think about the stupid stuff we do, like how can
- 37:52Speaker 4: I make a bomb through chat GBT?
- 38:00Speaker 3: Go to learn that, like, yeah, how do I bury
- 38:02Speaker 3: in person?
- 38:02Speaker 2: Or how do I what somebody?
- 38:08Speaker 5: You know, we sat in rooms. I won't say what
- 38:10Speaker 5: we sat in rooms. And they're talking about just that, right.
- 38:13Speaker 5: So there's the sensored version of AI, which is what
- 38:15Speaker 5: the public gets, and then you have the uncensored version
- 38:18Speaker 5: of AI, which is what the hedge funds and the
- 38:22Speaker 5: creators and the developers get, so they can stop that
- 38:25Speaker 5: from happening. But who's the control the right right question.
- 38:29Speaker 5: That's why we got to be in the room. And
- 38:31Speaker 5: that example was the exact example.
- 38:33Speaker 6: What you like if you ask GPT how to create
- 38:35Speaker 6: a bomb, it'll the virtue from But he's like, I
- 38:39Speaker 6: have access to the unchecked filter. So if I wanted
- 38:43Speaker 6: to ask how to create a bomb, it'll give me
- 38:45Speaker 6: a detailed explanation of how to create a bomb.
- 38:48Speaker 7: Will be like, yo, I'm I can't help you, right
- 38:50Speaker 7: because they have But think about this, but even ghost guns, right,
- 38:54Speaker 7: you can go to micro center, buy a machine and
- 38:57Speaker 7: go to a gun shop and buy the actual parts
- 39:00Speaker 7: in printed.
- 39:01Speaker 4: That simple, which is ridiculous, and there's nobody to stop
- 39:05Speaker 4: you from doing it.
- 39:06Speaker 1: That's crazy. Would y'all get the chip? Like the new
- 39:09Speaker 1: links can?
- 39:09Speaker 7: Think about it? Like, there's gonna be people out here
- 39:12Speaker 7: that are doing that. They're gonna be smarter than us.
- 39:14Speaker 7: You know, they're gonna be able to break things down
- 39:16Speaker 7: faster than us in order to keep up. If you
- 39:19Speaker 7: know that majority of the population is getting this NEURALNK
- 39:21Speaker 7: or whatever it's gonna be. And you know, we grew
- 39:23Speaker 7: up in the era where they we was mean chips,
- 39:25Speaker 7: put chips into babies and all that we was against that.
- 39:28Speaker 1: Would you do that?
- 39:29Speaker 6: Would you do it?
- 39:30Speaker 3: I don't know.
- 39:31Speaker 1: I really don't know.
- 39:32Speaker 8: That's my answer as well. I don't know if you
- 39:34Speaker 8: heard about it, I'm like, hell no. But then with
- 39:37Speaker 8: all the movies I'm watching, ship everything that they're clearly
- 39:40Speaker 8: putting in front of us because they know we just
- 39:43Speaker 8: gonna think it's a movie. No no, no, Like I
- 39:46Speaker 8: really don't know.
- 39:47Speaker 7: They got the glasses, now, they got the prompters and
- 39:49Speaker 7: them people.
- 39:50Speaker 1: You know, you can be debating with somebody and they.
- 39:53Speaker 6: The normal thing is so interesting because it's like the
- 39:55Speaker 6: people that don't know that's Elon Musk's company, and they
- 39:58Speaker 6: already have paraplegics that can that can move now people
- 40:03Speaker 6: moving chess pieces with their brain. So my thing is
- 40:06Speaker 6: like even for languages, right, like imagine if you can
- 40:08Speaker 6: download every single language in your brain. So you go
- 40:11Speaker 6: to France and now you speak fluent French. That's helpful.
- 40:15Speaker 6: Or you go to you know, Mexico and now you
- 40:17Speaker 6: speak fluent Spanish, right like yes, I know, but also imagine, okay,
- 40:26Speaker 6: like what if something what if it what if it
- 40:29Speaker 6: gets hacked? Yeah, that's why I wouldn't do it, because
- 40:35Speaker 6: I'll be too nervous, like if it gets hacked. And
- 40:38Speaker 6: now it's telling me, okay, you must do this, you
- 40:40Speaker 6: must like what.
- 40:41Speaker 1: I'm saying.
- 40:43Speaker 2: A joke, Jesus Christ, good question. You know.
- 40:49Speaker 5: Question, it's tough because they just developed the model that
- 40:53Speaker 5: actually can charge his battery by itself, so that was
- 40:56Speaker 5: part of the Yeah, it's crazy.
- 40:58Speaker 2: So like the robotics, like obviously.
- 41:00Speaker 5: Elon's trying to do, but China's doing it as well.
- 41:02Speaker 5: Is like the robotic agent that comes in And even
- 41:04Speaker 5: in the video they were saying like, yo, this is
- 41:05Speaker 5: the way they're going to have. It's going to start
- 41:07Speaker 5: in your house and it's going to do chores.
- 41:08Speaker 2: And things that you don't want to do. But eventually
- 41:10Speaker 2: they'll take over.
- 41:11Speaker 5: But the one thing that we still have to do
- 41:13Speaker 5: is that the robot would die and we have to
- 41:15Speaker 5: put it back on the charging. But then now they
- 41:17Speaker 5: have the technology where actually you put the charge in
- 41:19Speaker 5: your house and it walks down the steps and it
- 41:21Speaker 5: pulls the battery off, puts it back in, and then
- 41:24Speaker 5: when it's done, it comes back out.
- 41:25Speaker 2: Think about it.
- 41:26Speaker 3: They've been doing that for years with the little vacuum
- 41:30Speaker 3: and it goes right back.
- 41:32Speaker 2: Test run.
- 41:35Speaker 6: Him, Oh yeah, so when last time I saw him,
- 41:39Speaker 6: he said, do y'all have AI personal assistant? And like no,
- 41:43Speaker 6: he was like, first of all, you need to have one.
- 41:46Speaker 6: It's mandatory. And he was like, I'll sell you one.
- 41:49Speaker 6: And that's all he kept talking about, was like, you
- 41:51Speaker 6: gotta have an AI AI agent. You have to have
- 41:55Speaker 6: an AI agent. Like the way he was pushing it.
- 41:57Speaker 1: I'm like, okay, what is the AI agent?
- 42:00Speaker 6: Like a personal.
- 42:03Speaker 5: It might start as a device, right that you can
- 42:05Speaker 5: clip onto you, right, and you can talk to that
- 42:07Speaker 5: agent like, Hey, I'm hungry, is there anything in my fridge?
- 42:10Speaker 2: You know what you left me? It'll know.
- 42:13Speaker 1: I get that. I'm asking how did this? I know?
- 42:15Speaker 1: The agent is.
- 42:16Speaker 2: The first of way.
- 42:16Speaker 6: It seems like it was a robot, but now it's not.
- 42:20Speaker 6: But that's the next iteration of it. But yeah, it's
- 42:21Speaker 6: like a clip on a device or whatever. And it's like, okay,
- 42:24Speaker 6: right now, I want to go to Thailand next week, right,
- 42:27Speaker 6: but I can't leave in the morning. I gotta leave
- 42:29Speaker 6: at night. But I also need to stay at a
- 42:32Speaker 6: hotel that's close to the beach, and I need to
- 42:34Speaker 6: have a restaurant. And I mean you to have a
- 42:36Speaker 6: reservation at Nobool. The same thing you were telling assistant.
- 42:39Speaker 6: The AI is gonna be to do that in two minutes.
- 42:40Speaker 6: It's gonna book you hotell them, it's gonna get the reservation.
- 42:43Speaker 6: It's going to do that. It's going to do that.
- 42:44Speaker 6: It's going it's going to notify your child's teacher that
- 42:48Speaker 6: you won't be able to pick them up from school.
- 42:50Speaker 6: It's going to pretty much manage your life.
- 42:53Speaker 3: To pay it.
- 42:54Speaker 8: Because I paid somebody to do all that right now.
- 43:00Speaker 5: Is probably gonna be morefficient than the person PA a
- 43:02Speaker 5: lot less than you would have to pay a person.
- 43:04Speaker 1: The trust you.
- 43:05Speaker 7: Got to have in that though, because if I've never
- 43:07Speaker 7: been to China, so I'm gonna say you with shod Troy,
- 43:09Speaker 7: y'all been to China, what should I be looking out for? Like,
- 43:11Speaker 7: there's something about the human experience you don't always need
- 43:14Speaker 7: more to be.
- 43:15Speaker 1: Than with a robot.
- 43:16Speaker 6: Tell that's true, that's true, And that's yeah, that's and
- 43:20Speaker 6: that's the delicate line that we were walking. As far
- 43:23Speaker 6: as AI and human experience, we still have a human
- 43:26Speaker 6: experience that's needed. Hopefully it will continue.
- 43:31Speaker 1: It's crazy.
- 43:32Speaker 8: All right, Look, this is the last thing I gotta say,
- 43:33Speaker 8: because now y'all got my my fucking mind going right.
- 43:36Speaker 8: So months ago, right, I had my my gallbladder removed, right,
- 43:40Speaker 8: And I saw a doctor. I saw like three doctors
- 43:43Speaker 8: came in. At first they were saying, now we're just
- 43:45Speaker 8: gonna have to take the godstones out, and then they're like,
- 43:46Speaker 8: now we're just gonna remove the whole gallbladder. So the
- 43:49Speaker 8: last doctor who was supposed to have been doing it,
- 43:51Speaker 8: he was like, all right, we're gonna have like it
- 43:53Speaker 8: was a machine that did it, like an.
- 43:55Speaker 3: AI robot that did it.
- 43:57Speaker 8: They just oversee it, like he ever touched me at all.
- 44:01Speaker 8: The doctor never ever touched me. It was of course
- 44:05Speaker 8: I went under, they put me under anesthesi and all that,
- 44:07Speaker 8: but they told me that a robot will be doing it.
- 44:12Speaker 8: AI robot will be doing my surgery, and that's who
- 44:14Speaker 8: did it.
- 44:15Speaker 7: So that's crazy.
- 44:16Speaker 3: I just want to throw it out now. I ain't
- 44:17Speaker 3: got no questions that.
- 44:20Speaker 2: Probably did it more efficiently, right, because it's going to
- 44:22Speaker 2: be a human error.
- 44:22Speaker 5: Right, somebody's using their hands like you never know what
- 44:24Speaker 5: they've been doing today, and.
- 44:25Speaker 8: It's perfect and you can even see the incisions, but
- 44:29Speaker 8: like it's perfect.
- 44:30Speaker 6: Think about how many all right dentists, right, A lot
- 44:33Speaker 6: of dentists develop carpal tunnel syndrome and they should have
- 44:36Speaker 6: shaky hands. So think about the human error that happens
- 44:40Speaker 6: if a dentist not on purpose. That's why they have
- 44:42Speaker 6: so much medical the laws, the liability insurance right because
- 44:47Speaker 6: if they make a mistake, then insurance has to pay
- 44:50Speaker 6: for that. And there's billions of dollars that's paid out
- 44:52Speaker 6: and claims every single year because doctors make mistakes that
- 44:56Speaker 6: potentially could kill somebody.
- 44:57Speaker 1: Right.
- 44:58Speaker 6: Bill Gates said the two industry he's going to get
- 45:00Speaker 6: impacted the most is health care and education. That's what
- 45:04Speaker 6: he said. He said healthcare, education is gonna get impacted
- 45:07Speaker 6: the most by artificial intelligence. So yeah, doctors, you're going
- 45:10Speaker 6: to see like a full robot performing surgery. That's going
- 45:12Speaker 6: to happen, and you're gonna have clap like I said,
- 45:14Speaker 6: Cali all right. Calise said her youngest child is fully AI.
- 45:21Speaker 6: He only gets taught two hours a day, and she
- 45:25Speaker 6: said it's the best educational experience that she's ever seen.
- 45:28Speaker 6: He's like a year ahead of the rest of kids
- 45:31Speaker 6: that's in his class. It's interactive. It's like Okay, they
- 45:34Speaker 6: teach you something and they said do you understand it?
- 45:37Speaker 6: And he's like, no, I don't understand it. Why don't
- 45:39Speaker 6: you understand it? And they have a real time conversation
- 45:41Speaker 6: one on one. It's a one on one experience, and
- 45:43Speaker 6: she was breaking it down to us and she was like, Yo,
- 45:45Speaker 6: he only does this for two hours. And then he
- 45:48Speaker 6: travels with me. I got a show. I'm going to
- 45:50Speaker 6: South Africa and he's on the road and we pack up.
- 45:52Speaker 6: As long as he got a computer, he can do
- 45:54Speaker 6: it anywhere in the world.
- 45:55Speaker 2: Wow, it's real.
- 45:56Speaker 5: Like the medical think about this, right in terms of learning,
- 46:00Speaker 5: I think it said it took the first version of chat.
- 46:02Speaker 2: GBT fourteen days to calm the entire internet and learn
- 46:08Speaker 2: everything on the internet. Right.
- 46:09Speaker 5: But now think about when you're talking about deep disease right,
- 46:13Speaker 5: like it can break down cells and figure out what's
- 46:16Speaker 5: the cause of cancer.
- 46:17Speaker 2: How do we prevent cancer? Like in the next seven
- 46:19Speaker 2: to ten years.
- 46:20Speaker 5: Like a lot of the diseases that exist today, they
- 46:23Speaker 5: will have a cure for That changes the world.
- 46:25Speaker 7: Yeah, I mean I think about you know, I read
- 46:27Speaker 7: about stuff like nanobots. I would definitely do that, you
- 46:30Speaker 7: know what I mean, Like, what is that nanoboxy you
- 46:33Speaker 7: go in your system? Like they're talking about nanabos can
- 46:35Speaker 7: clean out your arteries clean out the cholesterol without any
- 46:37Speaker 7: type of surgeries anything like that, clean out.
- 46:40Speaker 1: Types of cancers.
- 46:41Speaker 7: It's like I would definitely have tory and they say
- 46:44Speaker 7: this damn, they're gonna make us some mortal. Yeah, because
- 46:46Speaker 7: it can cure it, I mean, kill any disease. I
- 46:49Speaker 7: don't know if I would do neural link, but something
- 46:51Speaker 7: like the nanobots, I would.
- 46:51Speaker 2: Definitely that changes life expectancy, right.
- 46:54Speaker 1: Yeah, got a couple more questions. Samber City, that's what
- 46:57Speaker 1: I was pronounced Sam Samber.
- 46:59Speaker 7: It's a three hundred eight residential community that.
- 47:09Speaker 2: Correctly man the Welcome Home City, three.
- 47:12Speaker 7: Hundred acre residential community in the cry you're doing it
- 47:15Speaker 7: with my man, Chaka Baars.
- 47:16Speaker 1: What's that about?
- 47:17Speaker 6: Yeah, shout out to Alvin Kwame. So we we met
- 47:20Speaker 6: two we as well. We met some really big real
- 47:22Speaker 6: estate developers just entrepreneurs period. When we went to Ghana,
- 47:26Speaker 6: Shaka Bars introduced us to them and we just developed
- 47:28Speaker 6: a great relationship. They've been super a one with us.
- 47:30Speaker 6: They've really been ushering us all through the continent. Anytime
- 47:33Speaker 6: you see us in Africa, it's because.
- 47:35Speaker 2: Of them that he used to work with Lauren hill Backer.
- 47:39Speaker 6: He used to be in music. But long story short,
- 47:41Speaker 6: they already owned They owned the land already and they
- 47:44Speaker 6: just just thinking about different ideas how they wanted to
- 47:46Speaker 6: develop it. But once again, they wanted to build with
- 47:49Speaker 6: Black Americans. They're like, yo, like we want to do
- 47:52Speaker 6: something where we can kind of bridge the gap. It's
- 47:53Speaker 6: not just for Black Americans, it's for Ghanaians, is for Africans,
- 47:58Speaker 6: but it's also for people in diaspora also. The idea
- 48:01Speaker 6: is to create a bridge, right, So that's something because
- 48:05Speaker 6: they're crazy how social media works. Okay, we do all
- 48:09Speaker 6: this private sector. We never spoke to anybody at that
- 48:12Speaker 6: time in the Ghanian government.
- 48:13Speaker 1: I don't know.
- 48:14Speaker 6: There's no dispect to the Ghanian government, but that's just
- 48:16Speaker 6: the fact. But then there was a video that went
- 48:18Speaker 6: viral on social media about like, yo, the Ghanaian government
- 48:21Speaker 6: gave four hundred acres of land to earn your lesion.
- 48:23Speaker 6: It's just for black Americans. And it was a very
- 48:26Speaker 6: convincing storyline that it made and it wasn't even like
- 48:29Speaker 6: a derogatory story but it was just one false and
- 48:34Speaker 6: then people was like, oh, y'all, y'all colonizing, y'all coming in,
- 48:37Speaker 6: y'all doing y'all. Y'all worse than the Britons. I'm like,
- 48:39Speaker 6: we're working with the African It's not for just Black Americans,
- 48:43Speaker 6: for anybody that wants to buy property and da da
- 48:45Speaker 6: da da. But social media has become a place where
- 48:48Speaker 6: you can create a narrative. The truth doesn't matter, you
- 48:50Speaker 6: know what I'm saying, Like, as long as it's entertaining, right,
- 48:53Speaker 6: you can just create a narrative and then people will
- 48:55Speaker 6: just run with it. But Sombra, the idea of that
- 48:59Speaker 6: is to act shoually just create a thriving community in
- 49:03Speaker 6: Ghana where you know a lot of people go in December,
- 49:06Speaker 6: but it's like that's not really beneficial long term for
- 49:09Speaker 6: the economic prosperity of the country. So we want to
- 49:12Speaker 6: create something where it's like, Okay, you can either a
- 49:15Speaker 6: live there or you can airbn be it out because
- 49:18Speaker 6: everybody's not going to move to Africa, right, so you
- 49:20Speaker 6: buy a Probably real estate in Ghana has gone up
- 49:23Speaker 6: tremendously over the last ten years. It's going to keep
- 49:25Speaker 6: going up. It's a housing shortage and in most countries,
- 49:28Speaker 6: in Ghana specifically, so there's a demand for real estate.
- 49:31Speaker 6: So you're now that project is going great. We should
- 49:35Speaker 6: have the first phase done by hopefully New Years. And
- 49:37Speaker 6: we're doing it in phases. And like I said, it's
- 49:40Speaker 6: not for only Black Americans, it's for Ghanaians, it's for Nigerians,
- 49:44Speaker 6: anybody on the continent. But it's also for black people
- 49:47Speaker 6: as well. And like you know, to own own a
- 49:49Speaker 6: piece of land in the motherland. You can airbing be
- 49:52Speaker 6: at Airbnb is great, especially in December. You can make
- 49:56Speaker 6: a lot of money just in a couple of weeks
- 49:57Speaker 6: in December because that's when everybody comes. And you can
- 50:00Speaker 6: also have somewhere to go if you want to just
- 50:01Speaker 6: get away.
- 50:02Speaker 1: You know.
- 50:02Speaker 6: It's I always like going to Africa because it's just
- 50:05Speaker 6: like you don't realize how toxic something is until you
- 50:09Speaker 6: leave it. Yeah, and America is just so toxic social
- 50:11Speaker 6: media and all that. And it's just like even you
- 50:13Speaker 6: on social media, you still like you feel like you're
- 50:14Speaker 6: on a different algorithm. You don't feel inundated by all
- 50:18Speaker 6: of the toxicity. But as soon as you land back
- 50:21Speaker 6: in JFK, it's like right back to it.
- 50:25Speaker 1: Yeah.
- 50:25Speaker 5: That's the fact you go to a country everybody looks
- 50:27Speaker 5: like you that's foreign to me.
- 50:29Speaker 2: You know what I'm saying.
- 50:29Speaker 5: And the goal is, yes, this is the first development,
- 50:33Speaker 5: but the idea is like, yeah, this is something that
- 50:35Speaker 5: could be replicated.
- 50:36Speaker 1: Right.
- 50:36Speaker 5: It's the reason why you go to a different country,
- 50:38Speaker 5: why you see us and can you see us Rwanda?
- 50:40Speaker 5: You see us in other a bunch of countries, because
- 50:42Speaker 5: this is how you create something that is a legacy, right,
- 50:45Speaker 5: not just for you, but for everybody that I ask.
- 50:47Speaker 2: But like, this is something that.
- 50:48Speaker 5: We can be proud of and it happened on your watch,
- 50:51Speaker 5: Like you watched us get the ground, We've been watching
- 50:54Speaker 5: us through the stages, and that you.
- 50:55Speaker 2: Can be part of it.
- 50:56Speaker 7: How do y'all define this is my last question? How
- 50:57Speaker 7: y'all define success for invest Fest Now? Is it you know, partnerships,
- 51:01Speaker 7: is it media coverage or something that we don't even see?
- 51:04Speaker 1: Cultural impact?
- 51:05Speaker 6: It's only above. I mean, I feel like if you
- 51:07Speaker 6: look at invest Fast, anything that we've done is pretty
- 51:09Speaker 6: unprecedented as far as Okay, it's not just called the festival,
- 51:13Speaker 6: it's an actual festival. Right over the course of the wee
- 51:14Speaker 6: can have forty thousand people. That's how they do. They
- 51:16Speaker 6: do about like how many people come in per day?
- 51:20Speaker 6: But we did that ourselves. It's not like we worked
- 51:23Speaker 6: with another major corporation. A lot of festivals that they're
- 51:28Speaker 6: funded and they're operated by major corporations. Nothing wrong with that,
- 51:31Speaker 6: but like they get the talent and they get the
- 51:35Speaker 6: venue and then they promoted and all that. Like we
- 51:37Speaker 6: did everything ourselves. Even to this day, we did everything ourselves.
- 51:40Speaker 6: So it's a beacon of what can be possible. Just
- 51:44Speaker 6: an idea, like you I mean like once again you
- 51:46Speaker 6: actually GPT the biggest financial events in the world. Investments
- 51:49Speaker 6: is going to come up in the top five. So
- 51:51Speaker 6: that just we just started that just off an idea.
- 51:54Speaker 6: So success is seeing that come to fruition, no matter
- 51:58Speaker 6: what happens, is a success because we was actually able
- 52:00Speaker 6: to put it together and have multiple billionaires and have
- 52:03Speaker 6: four hundred small business vendors and have you know, eighty
- 52:06Speaker 6: panelists on stage and employ you know, you're talking about
- 52:10Speaker 6: economic impact. We're employing people from security to a v
- 52:14Speaker 6: to a variety of different things that you know, these
- 52:17Speaker 6: are things that's not talked about. People don't understand it
- 52:19Speaker 6: because they've never done it right. You can't fully understand
- 52:21Speaker 6: some until you actually do it. But these are things
- 52:24Speaker 6: that like we see in real time, so we know
- 52:26Speaker 6: what it means to the city of Atlanta and what
- 52:27Speaker 6: it means to just our culture period. But as far
- 52:30Speaker 6: as other variations of success, when people make money, so
- 52:33Speaker 6: the vendor marketplace, like, that's a great opportunity for anybody,
- 52:37Speaker 6: small business to make money from people that's coming from
- 52:40Speaker 6: the pitch competition standpoint, from people that's actually attending. There's
- 52:43Speaker 6: no way you can attend three days of full workshops
- 52:46Speaker 6: panels and not learn something. But then also networking that happens, right,
- 52:50Speaker 6: you might meet a business partner, you might meet somebody
- 52:52Speaker 6: that wants to invest in your company, stuff like that.
- 52:54Speaker 6: So bringing that many people together keep we keep on
- 53:00Speaker 6: elevating the experience, We add things to it, We see
- 53:04Speaker 6: what we could have did better the year before. And
- 53:06Speaker 6: that's why I think the essence thing is kind of
- 53:08Speaker 6: disheartening because a lot of people just want to criticize,
- 53:12Speaker 6: but they have what have you done?
- 53:14Speaker 1: Take the risk?
- 53:15Speaker 6: Nineteen Keys. Nineteen Keys said something to me that was
- 53:17Speaker 6: extremely insightful. He was like, don't destroy something if you
- 53:21Speaker 6: don't have a better alternative to build, Like you know
- 53:25Speaker 6: what I'm saying, Like, if you're going to destroy it.
- 53:27Speaker 6: Make sure you can build something that's two times better
- 53:30Speaker 6: than what you destroy. Ninety nine percent of the population
- 53:34Speaker 6: they want to destroy something with no alternative. So it's like, Okay,
- 53:37Speaker 6: you want to destroy essence. It might not have been perfect,
- 53:40Speaker 6: but what is going to be the alternative? Who else
- 53:43Speaker 6: is going to give all of these opportunities to different
- 53:45Speaker 6: businesses and employ people and bring economic empowerment and like
- 53:49Speaker 6: this is this is a real economic impact that's actually happening, right,
- 53:52Speaker 6: So okay, let's say it just goes away and it
- 53:53Speaker 6: is no more essence next year?
- 53:55Speaker 1: Then what then?
- 53:55Speaker 6: What? You know what I'm saying, What does New Orleans have?
- 53:59Speaker 6: What is all these entrepreneurs have? What do these local
- 54:02Speaker 6: restaurant tours have? You know what I'm saying? Like, nobody
- 54:05Speaker 6: ever thinks about that, Like you, you want to destroy
- 54:07Speaker 6: something with no viable option of replacing it.
- 54:09Speaker 5: A lot of these people are making that year in
- 54:11Speaker 5: the weekend, Like that that happens you take that away?
- 54:14Speaker 1: Yeah, I mean that hundred thousand, Shut up, man, hundred
- 54:18Speaker 1: thousand in a weekend.
- 54:22Speaker 7: So I wish you'll much successn Like, I love having
- 54:26Speaker 7: a conversations with your.
- 54:27Speaker 1: Shot talk all the time.
- 54:28Speaker 7: But you know, I really do hope that y'all make
- 54:32Speaker 7: the critics the critics and the hate is even more
- 54:33Speaker 7: mad this year.
- 54:34Speaker 1: I really do appreciate that instment sign of success. Whether
- 54:42Speaker 1: you realize that.
- 54:44Speaker 2: We got you to help us. There's only one person
- 54:47Speaker 2: who hasn't been there in the room.
- 54:48Speaker 6: Yes, just with the.
- 54:50Speaker 8: Mess my friends, all of that, and I ain't I
- 54:58Speaker 8: ain't calling me right.
- 55:00Speaker 2: Now, all right, just about investments.
- 55:09Speaker 6: Before, I just want to say so, if you want
- 55:11Speaker 6: tickets invest fest dot com. There's still a couple of
- 55:13Speaker 6: vendor booths left and it's August twenty second to August
- 55:16Speaker 6: twenty fourth in Atlanta, Georgia. And once again, thank you guys.
- 55:18Speaker 6: We don't take it for granted that you let you
- 55:21Speaker 6: know a lot of times whenever we need to do something,
- 55:23Speaker 6: you let us come up here. So we we definitely
- 55:25Speaker 6: appreciate you guys for the platform that you've built in
- 55:28Speaker 6: the hospitality that you've always shown us. Invests dot com.
- 55:32Speaker 3: Get your tickets, now, earn your leisure. It's the breakfast club.
- 55:35Speaker 3: Good morning.
- 55:36Speaker 7: Hold every day a weak go pack your ass up
- 55:39Speaker 7: the breakfast club.
- 55:40Speaker 1: You don't finish for y'all done