Latest / Curtis Sliwa & Larry Mendte In The Morning / Rich DeMuro, Host of ‘Rich on Tech’ on WOR Sundays Interview

Transcript

Rich DeMuro, Host of ‘Rich on Tech’ on WOR Sundays Interview · Curtis Sliwa & Larry Mendte In The Morning

• 0:00
  Speaker 1: Well, it used to be diamonds were a girl's best friend,
• 0:04
  Speaker 1: Marilyn Monroe, but now it's super chips.
• 0:08
  Speaker 2: Our girl's best friend.
• 0:09
  Speaker 1: No better expert to comment on this growing soap opera
• 0:13
  Speaker 1: novella over the super chips than our own Rich DeMuro.
• 0:17
  Speaker 1: You catch him.
• 0:18
  Speaker 2: Rich on Tech.
• 0:19
  Speaker 1: Heard Sunday nights from 8 to 11 p.m. Right here
• 0:23
  Speaker 1: on the most listened to talk radio station in New
• 0:25
  Speaker 1: York City, 710WOR. So has this created a crisis in
• 0:32
  Speaker 1: Silicon Valley about... I have had sex outside of marriage.
• 0:38
  Speaker 1: I am guilty, God. What is this going to do
• 0:40
  Speaker 1: to the man who controls all the super chips in
• 0:42
  Speaker 1: the world?
• 0:44
  Speaker 3: Oh, I don't even think it's about that at all anymore.
• 0:47
  Speaker 3: I mean, this is about all these people. Just think
• 0:50
  Speaker 3: six months ago when every single person you spoke to,
• 0:53
  Speaker 3: your barber to, you know, every friend you had over
• 0:56
  Speaker 3: for a beer, they all said, you got to buy
• 0:58
  Speaker 3: Nvidia stock. You got to buy Nvidia stock. And everyone did.
• 1:02
  Speaker 3: And now you've got this company at the center of
• 1:04
  Speaker 3: one of the biggest crises we've seen in a long time,
• 1:08
  Speaker 3: not only because this guy cheated, but also because it
• 1:11
  Speaker 3: might have been with a spy. I mean, I'm telling you,
• 1:14
  Speaker 3: if there's not someone in Hollywood that's writing this movie
• 1:16
  Speaker 3: right now, they better be. There's just so many great details.
• 1:19
  Speaker 3: We're still learning about this woman, Alice Wong, no relation
• 1:23
  Speaker 3: to Jensen Wong, the guy who's in charge of NVIDIA.
• 1:26
  Speaker 3: Business executive, worked as a TV reporter, moved into banking
• 1:30
  Speaker 3: and finance. And she kind of loved her relationship with
• 1:33
  Speaker 3: this guy. There was a report where she was at
• 1:35
  Speaker 3: a party, and she bragged. She said, look, I can
• 1:38
  Speaker 3: get NVIDIA's Jensen Wang here. Watch. You want to see?
• 1:41
  Speaker 3: And sure enough, texted him, came over in a couple minutes.
• 1:45
  Speaker 3: And the problem here is that the U.S. has very
• 1:49
  Speaker 3: strong export rules on selling chips to China. And apparently
• 1:53
  Speaker 3: this company that she worked with, Megaspeed, They got about
• 1:58
  Speaker 3: $ 4 billion worth of NVIDIA AI chips. Was it because
• 2:01
  Speaker 3: of their relationship? I guess that'll come out in time. Wow.
• 2:05
  Speaker 2: You know what? You called my attention to something I
• 2:07
  Speaker 2: really wasn't looking at. The stock is plummeting. It was
• 2:13
  Speaker 2: up at $ 230. It's down to $ 168 and still going down.
• 2:19
  Speaker 2: And when you look at the chart, it looks like,
• 2:21
  Speaker 2: you know, looking over a cliff at the Grand Canyon,
• 2:24
  Speaker 2: it just goes straight down. Yeah, I'm glad you called
• 2:29
  Speaker 2: that to our attention. That's a big, that's a huge story.
• 2:33
  Speaker 2: All of that money.
• 2:34
  Speaker 3: It is huge. And it's also just, this guy is
• 2:37
  Speaker 3: the face of this company. I mean, he started it.
• 2:39
  Speaker 3: He's been running it for more than 30 years. So
• 2:42
  Speaker 3: the problem is investors are sitting there going, okay, we
• 2:44
  Speaker 3: know they make good chips. We know that maybe this
• 2:47
  Speaker 3: company is overvalued. We're not sure. But Is there going
• 2:50
  Speaker 3: to be a leader that can take this company, if necessary,
• 2:53
  Speaker 3: to the next level if they decide? You know, the
• 2:55
  Speaker 3: board's doing an investigation. Everyone's investigating right now. But the
• 2:58
  Speaker 3: problem is you've got this guy who is pretty much
• 3:01
  Speaker 3: the only guy at the company. Like, he is the
• 3:04
  Speaker 3: main guy. So can someone else run this company as
• 3:07
  Speaker 3: successful as he did and keep that stock price up
• 3:09
  Speaker 3: and keep them as a market leader? I mean, they're
• 3:11
  Speaker 3: one of the top five most valuable companies in the
• 3:14
  Speaker 3: world right now.
• 3:15
  Speaker 2: Well, the stock owners must want him out at this point,
• 3:17
  Speaker 2: but we'll see what happens. I want to talk about
• 3:20
  Speaker 2: something else because I am big on, well, everybody is now.
• 3:24
  Speaker 2: I'm big on Ring. Everybody has a Ring doorbell now,
• 3:27
  Speaker 2: but they're now stepping up their game, Rich.
• 3:30
  Speaker 3: Yeah, a little bit of trivia for you. I tested
• 3:33
  Speaker 3: the first Ring door. It was called DoorBot back in
• 3:36
  Speaker 3: the day when it first came out. I was one
• 3:38
  Speaker 3: of the first people to test it, do a story
• 3:40
  Speaker 3: with them. Anyway, kind of fun. I've been watching their
• 3:43
  Speaker 3: journey for many, many years, and now they have launched
• 3:46
  Speaker 3: the Ring Drone Cam. This is a $ 250 flying security
• 3:51
  Speaker 3: camera that can patrol inside your house. So it stays docked,
• 3:55
  Speaker 3: and then if there's trouble, it will fly to that room,
• 3:58
  Speaker 3: give you a view of what's happening, or it can
• 4:00
  Speaker 3: do standard patrols. It can apparently go upstairs. Obviously, it's
• 4:04
  Speaker 3: not walking. It's flying up there. You know, there's some
• 4:07
  Speaker 3: demos that people got, and, you know, it's not perfect.
• 4:11
  Speaker 3: It was crashing into a couple things.
• 4:13
  Speaker 2: Oh, no.
• 4:15
  Speaker 3: Don't put your glasses anywhere, you know, with this thing.
• 4:20
  Speaker 2: It's going to cut way down on people cheating on
• 4:22
  Speaker 2: their spouse, I would think. You know what?
• 4:27
  Speaker 4: I'm sorry. I'm curious because I know there's like a
• 4:30
  Speaker 4: $ 5 a month service fee for it, I heard. But
• 4:33
  Speaker 4: does it detect things? Does it know if the door
• 4:37
  Speaker 4: opens and it goes to see something? Say if you're
• 4:39
  Speaker 4: not home, can you set it for something crashes? Will
• 4:43
  Speaker 4: it know?
• 4:43
  Speaker 2: Yes.
• 4:44
  Speaker 3: Yes, those are some of the things that it can do.
• 4:46
  Speaker 3: So yes, if you have a ring alarm system, the
• 4:49
  Speaker 3: back door opens, it can fly to that back door. Now,
• 4:52
  Speaker 3: I did get a demo of this a couple years ago.
• 4:54
  Speaker 3: They've been talking about this product for years, by the way.
• 4:57
  Speaker 3: They had a demo of it at CES for a
• 4:58
  Speaker 3: couple years. Never really came to fruition. I think they
• 5:01
  Speaker 3: finally got to a place where They figured out how
• 5:04
  Speaker 3: to do this. It took them longer than they expected.
• 5:07
  Speaker 3: It's a good idea. Let's be honest. I mean, because
• 5:09
  Speaker 3: you don't have to have cameras, like you said, in
• 5:11
  Speaker 3: certain rooms of the house. People don't typically put cameras
• 5:14
  Speaker 3: in bathrooms and in bedrooms. So this has a way
• 5:17
  Speaker 3: to fly into those rooms to see what's going on
• 5:20
  Speaker 3: if someone were to use the window and that to
• 5:22
  Speaker 3: break in or something. So it's a good idea.
• 5:24
  Speaker 2: I can think of a million privacy problems off the
• 5:28
  Speaker 2: top of my head. Oh, yeah.
• 5:31
  Speaker 3: I mean, it's loud, though. This thing is not sneaking
• 5:34
  Speaker 3: up on anyone. So if you're, you know, doing something
• 5:37
  Speaker 3: in that room that no one needs to know about,
• 5:39
  Speaker 3: you'll know.
• 5:43
  Speaker 1: Wow, the technology. Incredible. Rich DeMuro. Again, you got to
• 5:48
  Speaker 1: check him out right here on the most listened to
• 5:50
  Speaker 1: talk radio station in New York. 710 WOR. 8 to
• 5:55
  Speaker 1: 11 p.m. on WOR. Well, how can you go online, Larry,
• 5:59
  Speaker 1: in order to get rich?
• 6:01
  Speaker 2: You just go and see Rich on Tech. He is
• 6:05
  Speaker 2: on Instagram, at Rich on Tech. And there you can
• 6:08
  Speaker 2: see all of the latest things he's checking out. Also,
• 6:12
  Speaker 2: you can ask him some questions there.
• 6:13
  Speaker 1: Yeah, about maybe having a drone spy on him in
• 6:17
  Speaker 1: his house.
• 6:18
  Speaker 2: Watch out, Rich.
• 6:20
  Speaker 3: No.