Latest / The Bill Handel Show / California Drawing Venture Capitalists | AI Actress Tilly Norwood’s Film Debut

Transcript

California Drawing Venture Capitalists | AI Actress Tilly Norwood’s Film Debut · The Bill Handel Show

• 0:00
  Speaker 1: You're listening to Bill Handle on demand from KFI AM
• 0:04
  Speaker 1: six fortyfi AM six forty Bill Handle on a Monday morning,
• 0:13
  Speaker 1: July the thirteenth. Some of the stories we're looking at
• 0:16
  Speaker 1: the Cold War in Iran. Well, it's heating up. The
• 0:21
  Speaker 1: ceasefire seems to be ceasing, and the fire seems to
• 0:25
  Speaker 1: be increasing. Senator miss McConnell, Well, we have a picture
• 0:29
  Speaker 1: of him. He is looking a little worse for wear,
• 0:34
  Speaker 1: but it seems like he's going to be okay. He
• 0:37
  Speaker 1: had a fall and a concussion, but didn't have any
• 0:41
  Speaker 1: lasting injuries. And Lindsey Graham, Senator Lizzie Graham, one of
• 0:47
  Speaker 1: the most well known senators, has died. Now I'm going
• 0:51
  Speaker 1: to throw something at you which I have said before
• 0:55
  Speaker 1: and we've talked about it. The billionaire exodus from California. Yeah,
• 1:01
  Speaker 1: money leaving California, businesses leaving California. Regulation way too high,
• 1:10
  Speaker 1: taxes way too high, very difficult place to do business. Okay,
• 1:16
  Speaker 1: how about this. It's pulled in more than three hundred
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  Speaker 1: and thirty five billion dollars in venture capital last year,
• 1:26
  Speaker 1: New York ten times less worth ten times more than
• 1:32
  Speaker 1: New York. How is that possible? Nearly eight billion dollars
• 1:39
  Speaker 1: and invested across two hundred and seven deals, led by
• 1:42
  Speaker 1: space and defense firms. But ninety percent of the new
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  Speaker 1: money is chasing AI giants anthropic open AI, leaving non
• 1:53
  Speaker 1: startups AI startups smaller funds. They just don't have enough.
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  Speaker 1: That's really what it's about. Are these AI companies, even
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  Speaker 1: startups that have attracted so much money, unpreceded pile of
• 2:08
  Speaker 1: capital coming in. Why is that? Is it true that
• 2:14
  Speaker 1: we are over regulated, overtax You bet it is. But
• 2:20
  Speaker 1: the deep pool of talent, rich investors, tech infrastructure that
• 2:24
  Speaker 1: turns it around makes it ground zero for the AI
• 2:27
  Speaker 1: intelligence explosion. La San Diego, La, including Orange County, has
• 2:35
  Speaker 1: just an incredibly strong tech market and the infrastructure that's needed,
• 2:41
  Speaker 1: and a campaign for new tax billionaires have convinced some
• 2:45
  Speaker 1: ultra rich residents to shift other states. Texas does a
• 2:49
  Speaker 1: lot of that you have? Florida does a lot of that?
• 2:52
  Speaker 1: You have? Ohio? Come to Ohio, Come to Texas well.
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  Speaker 1: The reality is, even though we have high property, high
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  Speaker 1: energy costs, anti business regime, you know what, it's that
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  Speaker 1: top talent and it's only here for the most part.
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  Speaker 1: In California, now as rotten as everything is. The state's
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  Speaker 1: economy grew five percent last year. That's huge, to a
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  Speaker 1: record four point twenty five trillion dollars. We are number
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  Speaker 1: four in the world economy the California it's it's a
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  Speaker 1: monetary policy and revenue and income four point two five
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  Speaker 1: trillion dollars more than every other country other than the US,
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  Speaker 1: China and Germany, home to nearly four hundred billion dollar startups.
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  Speaker 1: It's the go to address for space and defense tech companies.
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  Speaker 1: I mean, it is just crazy. Three months that end
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  Speaker 1: in June, California companies raised over one hundred billion dollars
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  Speaker 1: in venture capital. Three companies Anthropic Project Prometheus, which is
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  Speaker 1: Jeff Bezos Anderill Industries picked up seventy five percent of
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  Speaker 1: that amount. Anthropic alone raised sixty five billion dollars, which
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  Speaker 1: values the company at nearly a trillion dollars. Which none
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  Speaker 1: of these companies it makes sense with evaluation, none of them.
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  Speaker 1: And there is a big issue as to with the
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  Speaker 1: amount of money being thrown and invested in AI by
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  Speaker 1: the hundreds of billions of dollars, does it pay well?
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  Speaker 1: These companies and investors are playing the long game on
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  Speaker 1: this one. This is not going to be your traditional
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  Speaker 1: businesses to you have a year of burning money and
• 4:53
  Speaker 1: then all of a sudden it starts turning a profit.
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  Speaker 1: LA Southern California ranked only to Silicon Valley and New
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  Speaker 1: York actually, but New York's way way down. Bobby Franklin,
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  Speaker 1: president of the National Venture Capital Association industry group, says
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  Speaker 1: investment activity is actually picking up. Fundraising is improving. Early
• 5:19
  Speaker 1: signs that the IPO market is coming up. Early signs,
• 5:24
  Speaker 1: but it seems to be right now. AI well, AI
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  Speaker 1: in aerospace, defense companies also are up. You have industrial parts, software, consulting,
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  Speaker 1: life sciences, other sectors in Southern California attracted venture money,
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  Speaker 1: but as I said, nearly ninety percent went to AI
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  Speaker 1: firms ninety percent. Last year it was sixty five percent.
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  Speaker 1: And according to Stanford University in a study, if you're
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  Speaker 1: a tech company and you're not an AI company, it's
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  Speaker 1: going to be very, very difficult to raise money. Smaller
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  Speaker 1: middle of the road venture funds without large AI holdings
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  Speaker 1: are just struggling to get the money, struggling to get
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  Speaker 1: venture capital. And you can't build a company, particularly a
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  Speaker 1: tech company, without venture capital. It just doesn't exist. It's
• 6:21
  Speaker 1: actually hard to build any company that grows rapidly without
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  Speaker 1: venture capital. You just need it. You need it for infrastructure,
• 6:30
  Speaker 1: you need it for marketing, you need it for R
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  Speaker 1: and D. Okay, Now, of course we've all been to
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  Speaker 1: Costco and we all know what Costco is about in
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  Speaker 1: a big way. Not only the great prices, of course,
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  Speaker 1: the membership cup club where you pay money to become
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  Speaker 1: a member. One hundred and forty five million people are members,
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  Speaker 1: and this is just straight money in their pockets. So
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  Speaker 1: how does Costco sell more than any other food purveyor
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  Speaker 1: out there? Not only the samples I mean, excuse me,
• 7:06
  Speaker 1: not only the discounts you get because of the way
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  Speaker 1: they produce their retailing model a big box store. No
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  Speaker 1: displays other than there's your one product up there and
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  Speaker 1: then the price. Nope, here's how it works. It's mojo
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  Speaker 1: and that is samples, the free samples virtually everything in
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  Speaker 1: the food part of the store. And people love free food.
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  Speaker 1: Costco loves free food. Why is that because Costco makes
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  Speaker 1: a fortune from free food. Now, you would think that
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  Speaker 1: free food those samples would increase sales a little bit.
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  Speaker 1: They are astronomical sales. And the people. I love the
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  Speaker 1: people that give the samples. First of all, it's all
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  Speaker 1: ages now, and now they have old people that are
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  Speaker 1: about to die, which they didn't have before. They have
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  Speaker 1: people that don't speak a word of English. That is
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  Speaker 1: fairly new. And it runs all the way from people
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  Speaker 1: who just don't care. I mean, they're just there putting
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  Speaker 1: the samples up to carnival barkers who are really into it.
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  Speaker 2: Chicken nuggets, Get your chicken nuggets here, free sample of
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  Speaker 2: chicken nuggets.
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  Speaker 1: So why does it work so much? And this has
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  Speaker 1: become legion in terms of their influencers. There are people
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  Speaker 1: that go around every day a couple things about Costco
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  Speaker 1: that are horrible about the samples at my Costco. It's
• 8:43
  Speaker 1: the Korean ladies that will literally push you out of
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  Speaker 1: the way and tackle you. And then you have the
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  Speaker 1: long lines people just waiting for those samples to come
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  Speaker 1: out of that little toaster oven. And sometimes there are
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  Speaker 1: seven or eight people, sometimes there's ten people. And you
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  Speaker 1: come back and you run out and you come back
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  Speaker 1: and we're gonna be ready in ten minutes.
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  Speaker 2: Now.
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  Speaker 1: Neil is a Costco aficionado and has studied Costco. So Costco, well,
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  Speaker 1: you know, chicken nuggets are a big deal, Burritos are
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  Speaker 1: a big deal. People line up to those. Those little
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  Speaker 1: energy drinks and health drinks. Nobody lines up for those. Nobody.
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  Speaker 3: You're right the vast majority of the time, you don't
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  Speaker 3: when Max was small that we would try like baby
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  Speaker 3: stuff or things like that snacks for him.
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  Speaker 4: But think about it this way.
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  Speaker 3: I'm gonna guess with my wife and me, probably six
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  Speaker 3: or seven out of ten times, if we try something
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  Speaker 3: hot or warm and we like it, we.
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  Speaker 1: Buy It's that's the entire issue.
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  Speaker 3: Something about getting it warm. You're probably they're a little hungry.
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  Speaker 3: You're gnauching while you're shopping, and I think it keeps
• 10:07
  Speaker 3: people mosing around. They put them in different locations. It's
• 10:11
  Speaker 3: just nothing better than sampling something and going, I really
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  Speaker 3: like that.
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  Speaker 4: I'm going to bring that home.
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  Speaker 1: A couple things. Costco when it gave up our Hebrew
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  Speaker 1: National hot dogs, when they give up their chiros, it
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  Speaker 1: was the end of the world for a lot of us.
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  Speaker 4: I don't see those choices personally, I don't.
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  Speaker 1: Oh my god, they were fabulous. Also, one of the
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  Speaker 1: big issues in which Costco shoppers are devastated is the
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  Speaker 1: sample stopped during COVID. Oh my god, the human.
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  Speaker 4: Er how much they lost during that period.
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  Speaker 1: It just was of that. Yeah, here's what studies actually,
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  Speaker 1: their studies about this handouts thrill shoppers keep coming back
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  Speaker 1: for more. And as you said, something when you taste it,
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  Speaker 1: and I've done this by it. But here's what normally
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  Speaker 1: happens is I've thrown away Costco food, which is hard
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  Speaker 1: to believe, and that is I'll take a sample of
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  Speaker 1: something and it tastes pretty good, so I will buy it,
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  Speaker 1: and when it gets home, I go ahead and heat
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  Speaker 1: it up, prepare it, and it just doesn't taste as good.
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  Speaker 1: It just doesn't work for me. The samples, there are
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  Speaker 1: something about samples that put it on another level when people.
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  Speaker 5: Buy for you because they're free. Yeah, that's true, you
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  Speaker 5: taste the free yep. Also with Costco, it's not just
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  Speaker 5: goosing sales. Free samples are actually driving more annual fees.
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  Speaker 1: They did a study. Annual fees go up when they
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  Speaker 1: do samples because they compared when the samples go down,
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  Speaker 1: annual membership go down. And also you know that first
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  Speaker 1: impression that tastes good, Well, sometimes it doesn't. It doesn't.
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  Speaker 1: Now Costco itself doesn't do it. Demonstration people don't work
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  Speaker 1: for Costco who do this. One of the companies is
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  Speaker 1: Club Demonstration services that hire people, and if you look
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  Speaker 1: at them, I think the people that are hired are
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  Speaker 1: either special needs, unintelligible in terms of language, so old
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  Speaker 1: that they're falling apart. That tends to be the people
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  Speaker 1: who do the sampling certainly not. And you know what,
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  Speaker 1: even though it costs, well, it really doesn't cost because
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  Speaker 1: the amount of money that Costco makes by having those
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  Speaker 1: free samples, and it brings out the worst of pizza
• 12:55
  Speaker 1: people too, especially with things like pizza rolls. Seems like
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  Speaker 1: it's all you can eat buffet. A few names for
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  Speaker 1: these people that go around Costco and literally for hours.
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  Speaker 1: Then I'll do that free samples here, I'll go back
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  Speaker 1: three four times for the same sample. And I'm embarrassed
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  Speaker 1: to do that, so I turned my shirt inside out.
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  Speaker 1: I will sneak up and they don't care.
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  Speaker 4: You know, these people don't with the story mustache.
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  Speaker 1: Yeah, and I'm not alone. You know what they call
• 13:29
  Speaker 1: what Costco people call these people locusts, jackals, zombies, trash
• 13:34
  Speaker 1: pandas I like that vultures. Costco samples. It's a world
• 13:44
  Speaker 1: onto itself. Okay, Now, Tillie Norwood is an actress sort of,
• 13:53
  Speaker 1: this is a I in a very interesting way. She
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  Speaker 1: is or it's going to be the star of a movie.
• 14:03
  Speaker 1: And filmmakers and audiences have first of all asked who
• 14:08
  Speaker 1: deserves the credit for it? And what is she? Well,
• 14:11
  Speaker 1: she's certainly a character, but she's an AI generated character.
• 14:16
  Speaker 1: And boy, that's changed everything around about acting artistry. Now
• 14:21
  Speaker 1: you know what the word actor means. It's you know,
• 14:24
  Speaker 1: actors or actors, and they're people. Well, Tilly Norwood is not.
• 14:31
  Speaker 1: She's basically or it's basically codes and pixels. And last
• 14:37
  Speaker 1: week's an announcement that Tilly would star in this feature
• 14:41
  Speaker 1: film called Misaligned sparked once again the debate about AI's
• 14:46
  Speaker 1: impact on Hollywood jobs and something even more basic, What
• 14:50
  Speaker 1: is Tilly? Is it a she? Is it?
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  Speaker 2: Or her?
• 14:54
  Speaker 1: Is it an it? And you have a reader's comments
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  Speaker 1: on the Times came in a me One urged journalists
• 15:02
  Speaker 1: to stop writing about this thing like it's a person.
• 15:04
  Speaker 1: Another said, how is this not just an animated film?
• 15:08
  Speaker 1: A third objected, She's not an AI actor, she's an
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  Speaker 1: AI software program. Now a quick word. No one's ever
• 15:16
  Speaker 1: confused Woody from Toy Story right with the voice of
• 15:19
  Speaker 1: Tom Hanks. The characters themselves are well in this case, characters,
• 15:29
  Speaker 1: not animated characters. Do they deserve acting awards? And till
• 15:33
  Speaker 1: he is testing whether these assumptions are holding? Is this
• 15:39
  Speaker 1: a performance? The gal who started this, a woman who
• 15:42
  Speaker 1: started this, Elaine vander Velden Right, Elaine vanderveld got her
• 15:48
  Speaker 1: start she was a filmmaker, moved into AI and she says,
• 15:51
  Speaker 1: I understand the fear. I had the same fear when
• 15:54
  Speaker 1: AI first came out. Now, this movie is set in
• 16:00
  Speaker 1: the Tilly Verse. It's a coming of age drama. The
• 16:05
  Speaker 1: feature follows Tilly, who is an Aianity. So it's about
• 16:08
  Speaker 1: an Aianity with no lived experience of its own that
• 16:13
  Speaker 1: gradually develops desires, ambitions, shame as it learns to be human.
• 16:18
  Speaker 1: So it's about the very question of what Tilly is.
• 16:22
  Speaker 1: But how about when Tilly becomes a superhero or becomes
• 16:27
  Speaker 1: someone in the hospital who is dying, who becomes any
• 16:32
  Speaker 1: performance out there transforms himself or herself without the technology
• 16:40
  Speaker 1: that is used from real actor to some kind of
• 16:45
  Speaker 1: a monster. This is someone who is one hundred percent
• 16:49
  Speaker 1: not a person now right now? Well, the technology is
• 16:57
  Speaker 1: saying people have to deal with this, people have to create.
• 17:00
  Speaker 1: But what's AI going to do? AI is going to
• 17:06
  Speaker 1: expand on Tilly? Now? Real emotions? Here is the issue.
• 17:13
  Speaker 1: Can an AI generated character really produce real emotions as
• 17:20
  Speaker 1: far as looking like a person? Man, sometimes you can't tell, Neil,
• 17:26
  Speaker 1: you're really into tech. How soon do you think that
• 17:29
  Speaker 1: people will not be able to tell at all who
• 17:33
  Speaker 1: is real and who is not.
• 17:35
  Speaker 3: I think they have models currently that are at that place.
• 17:38
  Speaker 3: We just haven't seen them yet. It's moving so quickly
• 17:40
  Speaker 3: and they have kind of parsing out how we get it,
• 17:45
  Speaker 3: and we're seeing it, you know, slowly. But they said
• 17:48
  Speaker 3: that they asked the same questions with animation. Once computer
• 17:52
  Speaker 3: animation came into the field, the question was would it
• 17:58
  Speaker 3: be real enough? Could you strike emotions? And the first
• 18:03
  Speaker 3: transition of that I think was probably Jurassic Park when
• 18:07
  Speaker 3: they went with the digital dinosaurs dinosaurs instead of stop
• 18:10
  Speaker 3: motion like raping Friehausen.
• 18:14
  Speaker 4: Yeah.
• 18:16
  Speaker 1: Anyway, the folks that sag after are going completely nuts
• 18:20
  Speaker 1: as well as they should, because these digital figures are
• 18:26
  Speaker 1: as you say, they're going to be real We did
• 18:29
  Speaker 1: a segment on this show where I was not here.
• 18:37
  Speaker 1: It was a digital rendition of my voice. It was
• 18:41
  Speaker 1: pretty good, but you could tell that it was not perfect.
• 18:45
  Speaker 1: But these programs learn and if we kept on going
• 18:49
  Speaker 1: with that, it would get better and better. And keep
• 18:51
  Speaker 1: in mind, we have over thirty years of my voice,
• 18:58
  Speaker 1: my inflection, my views, I mean everything. If you've been
• 19:04
  Speaker 1: listening at all, you know how I talk, you know
• 19:07
  Speaker 1: my inflection, you know how depraved I am, you know
• 19:10
  Speaker 1: how bad my puns are. AI is going to be
• 19:14
  Speaker 1: able to produce me where they don't have to pay me.
• 19:18
  Speaker 1: It'll just be a figure in a.
• 19:21
  Speaker 3: Computer once they can figure out how to do you know,
• 19:25
  Speaker 3: simple malaprops or spit when they talk or chew.
• 19:30
  Speaker 4: You're out of a.
• 19:31
  Speaker 1: Job, yeah, I mean, we're all out of jobs. I
• 19:34
  Speaker 1: think the first one to go is Amy with the
• 19:38
  Speaker 1: News only Amy, because you do the news and you
• 19:42
  Speaker 1: don't put a lot of emotion. You don't put a
• 19:44
  Speaker 1: lot of you in there in terms of your views
• 19:48
  Speaker 1: of the world. Because you do news and.
• 19:50
  Speaker 4: I also have a little show called wake Up Call.
• 19:54
  Speaker 1: Yeah, but you're interviewing people. Okay, let me put it
• 19:57
  Speaker 1: this way. You're right during wake up call. Well, let
• 19:59
  Speaker 1: me throw upthing at you. A guest that the producer
• 20:04
  Speaker 1: creates and has a topic, let's talk about weather, right,
• 20:09
  Speaker 1: weather changes in weather, climate change, and then just throws
• 20:13
  Speaker 1: it into AI. There's Amy asking about that question, and
• 20:19
  Speaker 1: there is the AI weather person answering that question, even
• 20:22
  Speaker 1: talking about what's going on right now. Well, maybe you're done.
• 20:26
  Speaker 3: It's not going to happen for now because we're guaranteed
• 20:28
  Speaker 3: human Yeah promos on iHeartRadio.
• 20:31
  Speaker 1: Well, yeah, by contract. But when does AI become a contract?
• 20:35
  Speaker 1: So anyway, you're finished. First, You're welcome. Kono is finished
• 20:40
  Speaker 1: real first, Yeah, probably.
• 20:42
  Speaker 4: Cono physical touch AI.
• 20:44
  Speaker 1: Yeah, oh, I'm sorry. AI can't control a board. You're
• 20:48
  Speaker 1: absolutely right. They can't AI control me. That's my entire
• 20:55
  Speaker 1: point when it comes to Will. AI not only can
• 20:59
  Speaker 1: do everything that Will does, but it doesn't care. You
• 21:02
  Speaker 1: don't know, I know AI. Okay. We end the show
• 21:07
  Speaker 1: with a story about California wolves. California wolves, they were
• 21:12
  Speaker 1: almost extinct. Matter of fact, I think they weren't in
• 21:15
  Speaker 1: California for years and years, and it used to be
• 21:17
  Speaker 1: back in the day. I'm talking about the early days
• 21:20
  Speaker 1: wolf pelts. You would sell it a wolf pelt and
• 21:23
  Speaker 1: get a lot of money because they were attacking sheeps
• 21:25
  Speaker 1: and chickens and cows. Well, guess what they're doing. They're
• 21:29
  Speaker 1: attacking cows. And now you've got farmers, cattle farmers are saying, Nope,
• 21:40
  Speaker 1: we can't do this anymore. Well, researchers that you see
• 21:43
  Speaker 1: Davis found that cattle DNA in seventy two percent of
• 21:47
  Speaker 1: wolf scat samples as wolf crap, and mule deer, which
• 21:54
  Speaker 1: is the natural prey in California, in forty five percent
• 21:57
  Speaker 1: of samples versus seventy two percent. Wow. Well, wolves are
• 22:03
  Speaker 1: becoming more dependent on cattle. Why because it's much easier
• 22:07
  Speaker 1: to feed on slow moving, fatty cows. Then go after
• 22:12
  Speaker 1: the dwindling deer population because mule deers move at a
• 22:16
  Speaker 1: pretty good clip cows don't. And so wolves are back
• 22:23
  Speaker 1: and they're actually starting to euthanize wolves, and the environmentalists
• 22:27
  Speaker 1: are going completely crazy. And also keep in mind, I'd
• 22:30
  Speaker 1: love to see a study how many environmentalists are vegans,
• 22:34
  Speaker 1: and I'll bet you there's a whole lot of them.
• 22:38
  Speaker 1: They hate cows. And by the way, this study doesn't
• 22:40
  Speaker 1: show this, but it is a real problem. So the
• 22:45
  Speaker 1: gray wolves are back. They're eating your steak, and they're
• 22:50
  Speaker 1: back to wolf pelts are going to be sold for
• 22:54
  Speaker 1: a lot of money. All right, we're done. That's it.
• 22:58
  Speaker 1: Amy comes back and will comes back tomorrow with a
• 23:02
  Speaker 1: wake up call, which is probably not going to be
• 23:04
  Speaker 1: very long until AI kicks in. Neil and I join
• 23:08
  Speaker 1: at six to nine Cono, whose job definitely is going
• 23:13
  Speaker 1: to be replaced by Ai and probably will be the
• 23:17
  Speaker 1: last man standing in choosing topics. The rest of us
• 23:22
  Speaker 1: not so much. So stay tuned because we're not going
• 23:26
  Speaker 1: to be here very long. I just want to let
• 23:28
  Speaker 1: you know. No, Gary and Shannon also to be replaced.
• 23:32
  Speaker 2: What.
• 23:33
  Speaker 3: No, that's Andy Reesemeyer right there. I can tell by
• 23:36
  Speaker 3: the hair. No one has hair like that. He's like
• 23:39
  Speaker 3: a young Conan O'Brien.
• 23:43
  Speaker 1: Oh I know Andy.
• 23:44
  Speaker 2: I thought I.
• 23:46
  Speaker 1: Thought it was weird because Ann normally sits there and
• 23:49
  Speaker 1: Andy doesn't look anything like Ann. No, just on the weekends.
• 23:53
  Speaker 3: Yeah, he's a lot of fun, expensive but fun but fun.
• 23:57
  Speaker 1: Yeah. Okay, we're done, guys, Gary and Shannon up next
• 24:01
  Speaker 1: tomorrow morning. We do this all over again. Kfi am
• 24:05
  Speaker 1: six point. You've been listening to the Bill handle show.
• 24:08
  Speaker 2: Catch my Show Monday through Friday six am to nine am,
• 24:12
  Speaker 2: and anytime on demand on the iHeartRadio app