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Cliff Notes: Microsoft’s New Life Changing Technology · Earn Your Leisure

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  Speaker 3: Earners what's going on?
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  Speaker 4: You are now locked in the cliff Notes, the number
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  Speaker 4: one place for investment strategies, tips and advice. I want
• 1:45
  Speaker 4: you to talk about NFTs in virtual reality world because
• 1:49
  Speaker 4: we had spoken about digital fashion shows and all these
• 1:52
  Speaker 4: type of things that could digital museums and paintings. Talk
• 1:55
  Speaker 4: about that a little bit.
• 1:57
  Speaker 3: So all right, this hold on.
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  Speaker 2: My sister just text me. She said, he's answering all
• 2:02
  Speaker 2: my because you've been asking me about NFTs all week,
• 2:05
  Speaker 2: that he's answering all my questions with the mind.
• 2:07
  Speaker 5: Going that's that's my goal. I'm trying to get all
• 2:10
  Speaker 5: the question marks check and part of the languages of
• 2:17
  Speaker 5: this is understanding that n F t is a utility
• 2:20
  Speaker 5: of the blockchain. Like really, that's what NFTs is. It's
• 2:23
  Speaker 5: a clever way to use the blockchain. Right, So it
• 2:26
  Speaker 5: opens up a whole new world. But you also have
• 2:28
  Speaker 5: to understand augmented reality. You have to understand virtual reality,
• 2:33
  Speaker 5: and you most definitely have to understand spatial reality.
• 2:37
  Speaker 3: Right.
• 2:37
  Speaker 5: Once you start to understand this, then it changes the game.
• 2:40
  Speaker 5: Now I had the unique experience to be part of
• 2:43
  Speaker 5: the one percent in the world who experienced spatial reality
• 2:47
  Speaker 5: thanks to my brother Idris. Right now, being able to
• 2:51
  Speaker 5: experience this, I now can understand how immersive it is.
• 2:54
  Speaker 5: What is that?
• 2:56
  Speaker 2: What spatial reality?
• 2:58
  Speaker 5: So spatial reality, and that's what I'm about to go
• 3:01
  Speaker 5: into with the AR and the VR. Right, So let's say,
• 3:03
  Speaker 5: first let's start with VR. If it's VR, I put
• 3:06
  Speaker 5: on these glasses and I'm immersed in this world. So
• 3:08
  Speaker 5: I can't walk with VR glasses on. You understand me.
• 3:12
  Speaker 5: If I'm playing like a running game because I'm an
• 3:13
  Speaker 5: run into something, I don't know where I'm going. Right,
• 3:16
  Speaker 5: If it's AR, the same way, It's like we had
• 3:18
  Speaker 5: Pokemon Go and people was able to put their phone
• 3:22
  Speaker 5: and now they can see a little charge start jumping
• 3:24
  Speaker 5: up like, oh, it puts digital items layered on top
• 3:28
  Speaker 5: of the real world.
• 3:29
  Speaker 3: You understand me that it can move around.
• 3:32
  Speaker 5: So the spatial reality essentially, And this is what I
• 3:37
  Speaker 5: had the opportunity of trying, was the hollowlands of Microsoft.
• 3:42
  Speaker 3: Microsoft. That's how I know Microsoft is ready one player.
• 3:45
  Speaker 5: They gonna take it over the literally, like listen, understand,
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  Speaker 5: Microsoft is a serious player in the game.
• 3:52
  Speaker 3: And I've seen them going down. I said, oh, they
• 3:54
  Speaker 3: just big discount right now. Yeah.
• 3:59
  Speaker 5: And then and this is where you gotta really really
• 4:01
  Speaker 5: understand the space. So spatial reality, and this is what's
• 4:04
  Speaker 5: gonna blow a lot of people's mind when they actually
• 4:06
  Speaker 5: try it, because it's gonna make regular reality boring. It
• 4:09
  Speaker 5: is very addictive. You're not going to want to come
• 4:13
  Speaker 5: back to.
• 4:15
  Speaker 6: Easily.
• 4:16
  Speaker 5: Yeah, So think of it like this. I put on
• 4:20
  Speaker 5: these glasses and they look just like this. So imagine
• 4:23
  Speaker 5: my glasses look just like this.
• 4:24
  Speaker 3: Right. But now it.
• 4:26
  Speaker 5: Gives me the opportunity to see these digital assets in
• 4:29
  Speaker 5: real time.
• 4:30
  Speaker 3: Right.
• 4:31
  Speaker 5: So let's say instead of having a phone, I now
• 4:33
  Speaker 5: have a digital phone that I can see with my
• 4:35
  Speaker 5: glasses and it moves from my moves. I can pick
• 4:37
  Speaker 5: it up just the same way. Right, So it's three
• 4:41
  Speaker 5: D the same way. If you look at Minority Report,
• 4:43
  Speaker 5: they had versions of it as well, where you can
• 4:46
  Speaker 5: touch and you can move it.
• 4:47
  Speaker 3: That's what we are in the present. We call it
• 4:48
  Speaker 3: the future. It's the present. Right. So now I don't
• 4:51
  Speaker 3: need a.
• 4:51
  Speaker 5: Phone anymore because I can take my phone and it'll
• 4:54
  Speaker 5: come up just like my real phone with all of
• 4:56
  Speaker 5: the apps, and I can FaceTime somebody. Right, but it
• 4:59
  Speaker 5: no longer takes up space, right, it's spacefield, but it
• 5:03
  Speaker 5: doesn't take up any physical space. So now I can
• 5:06
  Speaker 5: have all of these things on me, but they're not physical,
• 5:08
  Speaker 5: they're not carving. So now that replaces the phone, and
• 5:13
  Speaker 5: I don't need that anymore, right, But also think about
• 5:15
  Speaker 5: this the ideas that can come along with it, digital architecture.
• 5:20
  Speaker 5: I can look outside my window and an architect can
• 5:23
  Speaker 5: build layers on top of the city that only I see.
• 5:26
  Speaker 5: You understand me, Like you can now buy digital assets.
• 5:30
  Speaker 5: Let's say you got a digital pen that's sitting on
• 5:32
  Speaker 5: your shirt that you bought from some.
• 5:34
  Speaker 3: Luxury company that you really love.
• 5:36
  Speaker 5: And when the person is put on the glast like
• 5:38
  Speaker 5: man he paid one hundred dollars for that pen the
• 5:40
  Speaker 5: same way it is in gaming.
• 5:42
  Speaker 3: All gamers don't have the same exact assets in the.
• 5:45
  Speaker 5: Game, right, some people pay a lot of money for
• 5:48
  Speaker 5: it in the armor, right, So that goes into things
• 5:51
  Speaker 5: like the Central Land. The Central Land is a virtual
• 5:54
  Speaker 5: space that is owned by its users. You understand me
• 5:58
  Speaker 5: in this space, like people can live in it kind
• 6:00
  Speaker 5: of like it sims so you are in this space
• 6:03
  Speaker 5: for having avatar, right, and imagine like I want my
• 6:08
  Speaker 5: avatar to dress like me though, but let's say a person.
• 6:11
  Speaker 3: Want to crown, like a real crown on the avatar.
• 6:15
  Speaker 5: They got to buy it from our digital store so
• 6:17
  Speaker 5: that they avatar can now wear it.
• 6:19
  Speaker 3: Right, So it's like not.
• 6:21
  Speaker 5: Only you can actually wear these digital clothes that kind
• 6:24
  Speaker 5: of go along with who you are.
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  Speaker 3: You understand me, and it can be the same or
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  Speaker 3: word you walking around with a whole story.
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  Speaker 5: Like when a person put on those put on those glasses,
• 9:23
  Speaker 5: you got your book floating next to you, right, and
• 9:25
  Speaker 5: a person get the tab it and they be like, yeah,
• 9:27
  Speaker 5: you want to buy that, and then it takes the
• 9:30
  Speaker 5: money out they wallet and it is yours.
• 9:32
  Speaker 3: Right.
• 9:33
  Speaker 5: It goes into so many use cases because you can
• 9:36
  Speaker 5: walk into a blank museum you put the glasses on it.
• 9:39
  Speaker 5: Now you can see all digital art around you, right,
• 9:42
  Speaker 5: so you see all of the stores clearing out now.
• 9:45
  Speaker 5: It gives an ability for this space to actually be useful.
• 9:48
  Speaker 5: So when you start thinking about that, and I had
• 9:51
  Speaker 5: an idea. I did a whole uh masterclass on this,
• 9:57
  Speaker 5: and I'll share one of the ideas because yeah, y'all
• 10:01
  Speaker 5: get this free guy.
• 10:06
  Speaker 3: So this is like you see NBA top shot right.
• 10:09
  Speaker 5: Top shot is essentially trading virtual digital cards and you
• 10:13
  Speaker 5: get these moments that you get to play like a
• 10:15
  Speaker 5: real but you get the owner, right. And of course
• 10:17
  Speaker 5: all of those won't be valuable in the future because
• 10:19
  Speaker 5: everybody don't care about all of the NBA.
• 10:21
  Speaker 3: Players in the future.
• 10:22
  Speaker 5: Only certain things are actually valuable when you revisit it
• 10:25
  Speaker 5: over time. Lebron stuff, you know, I mean Kobe stuff,
• 10:29
  Speaker 5: like all of those top players.
• 10:31
  Speaker 3: People really care. It has an emotional connection.
• 10:34
  Speaker 5: But imagine this, And the issue is that the players
• 10:37
  Speaker 5: don't actually they not get paid off this right. They
• 10:40
  Speaker 5: don't have digital ownership or their digital sales. They contracts.
• 10:44
  Speaker 5: Everybody contracts is different. But imagine if and y'all can
• 10:48
  Speaker 5: tell me this might be a good idea at night
• 10:49
  Speaker 5: the NBA player jock ahead, But imagine if Lebron is
• 10:52
  Speaker 5: in his backyard, Kyrie, in his backyard of KD and
• 10:58
  Speaker 5: instead of doing top shot, they sell you know, the
• 11:00
  Speaker 5: blacktop you understand me to where they end up back
• 11:04
  Speaker 5: and they plan a one on one game, and instead
• 11:07
  Speaker 5: of selling moments from the NBA, they selling moments from
• 11:10
  Speaker 5: their backyard. Wouldn't that be more valuable? And they saying
• 11:14
  Speaker 5: that we're only going to sell ten moments of this, right,
• 11:17
  Speaker 5: how much would that actually sell for? So I want
• 11:19
  Speaker 5: to get people to start thinking in like different creative
• 11:22
  Speaker 5: ways to where you can start owning yourself and ownership
• 11:25
  Speaker 5: changes in the digital space the same way it's different
• 11:28
  Speaker 5: as it is in a physical space. Different laws apply,
• 11:31
  Speaker 5: different copyright and trademark and different ways that you can
• 11:34
  Speaker 5: actually get around it. So like this and that's just
• 11:38
  Speaker 5: that's a hundred million dollar idea I just threw out.
• 11:42
  Speaker 3: You know, don't understand me.
• 11:47
  Speaker 2: Is what you're referring to is the Microsoft project? Is
• 11:50
  Speaker 2: that similar to Oculus?
• 11:52
  Speaker 3: Yes, it's better, but it's better, much better.
• 11:55
  Speaker 6: Oculus, social media, social media, stone age. What we're talking
• 12:01
  Speaker 6: about is twenty eighty.
• 12:02
  Speaker 2: Well, yeah, that's what I'm saying people. It might, it might.
• 12:05
  Speaker 2: This is this is first of all. First of all,
• 12:07
  Speaker 2: this is a high level conversation. It's like when Kanye
• 12:10
  Speaker 2: said the herms wrap, what do you say? It is true?
• 12:15
  Speaker 6: Good, But that's how I'm always like studied the top
• 12:16
  Speaker 6: because the ones with the most capital, and then behind
• 12:19
  Speaker 6: the scenes with the gouvern. I don't want to go
• 12:21
  Speaker 6: too deep into esoteric, but they're funding a lot of
• 12:23
  Speaker 6: the stuff that is coming out. Go look at Black Mirror.
• 12:28
  Speaker 6: For those who interested in the NFT, go study the
• 12:30
  Speaker 6: entire history of Southey's and how they move art. The
• 12:33
  Speaker 6: same metrics and laws are going to be applied here and.
• 12:37
  Speaker 2: Then saying it's like it's my baddy, but it's like
• 12:42
  Speaker 2: you got to pay attention to what's going on because
• 12:45
  Speaker 2: the future is right now. And this is like even
• 12:48
  Speaker 2: when Gary V, like when he comes on the platform
• 12:50
  Speaker 2: and he's like, this is the only thing I'm focused
• 12:52
  Speaker 2: on in virtual reality.
• 12:54
  Speaker 6: And Cuban said he's studying seven hours. There's a reason
• 12:56
  Speaker 6: for it. There's a new landscape. This is like digital Wakanda.
• 13:00
  Speaker 2: The problem. The problem is that the majority of people,
• 13:03
  Speaker 2: it's like it's like you know the pyramid, right, like
• 13:06
  Speaker 2: people at the top have the information and then it
• 13:09
  Speaker 2: gets fuddled down and it gets trickled down. But most
• 13:12
  Speaker 2: people they're not really thinking about the future until it happens.
• 13:16
  Speaker 2: Most people are just reactionary, like they are in it
• 13:20
  Speaker 2: and they're living in it. But the conversation now is
• 13:23
  Speaker 2: what's going to happen and what is happening. So even
• 13:26
  Speaker 2: if you don't fully understand it, it's important to be
• 13:29
  Speaker 2: aware of it because you're gonna be moved in that
• 13:31
  Speaker 2: direction whether you want to or not or not. It's
• 13:33
  Speaker 2: like it's worse.
• 13:36
  Speaker 6: They're going to create more virtual landscapes for us to Like,
• 13:39
  Speaker 6: for all the parents that they were born in the
• 13:41
  Speaker 6: sixties and seventies, you see how much your kid is
• 13:44
  Speaker 6: on this, they'll be on these lenses nine times more.
• 13:49
  Speaker 3: On them.
• 13:49
  Speaker 4: Yeah, keys, I think I heard you say that.
• 13:51
  Speaker 3: Man.
• 13:51
  Speaker 4: It's some people life happens for them. Some people life
• 13:53
  Speaker 4: happens to them. And if you look at the technology
• 13:56
  Speaker 4: from a standpoint where a two year old is able
• 13:59
  Speaker 4: to function on a technology device way more efficient than
• 14:03
  Speaker 4: a sixty five year old, that tells you something.
• 14:05
  Speaker 3: Ye like my yeah, now, I.
• 14:09
  Speaker 5: Just want to say that, like we're thinking about the children.
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  Speaker 5: But I promise once y'all try these lissens on, you're
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  Speaker 5: not gonna want to take.
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  Speaker 1: You just realized your business needed to hire someone yesterday?
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  Speaker 1: How can you find amazing candidates fast? Easy? Just use
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  Speaker 1: to the top of the page for your relevant candidates,
• 15:09
  Speaker 1: so you can reach the people you want faster. According
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• 15:16
  Speaker 1: forty five percent more applications than non sponsored jobs. Don't
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  Speaker 1: wait any longer, speed up your hiring right now with Indeed,
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  Speaker 1: and listeners of this show will get a seventy five
• 15:27
  Speaker 1: dollars sponsored job credit to get your jobs more visibility
• 15:30
  Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
• 15:36
  Speaker 1: to Indeed dot com slash pod katz thirteen right now
• 15:41
  Speaker 1: and support our show by saying you heard about Indeed
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  Speaker 1: all you need