[
  {
    "start": 0.06,
    "end": 3.86,
    "text": "AI is now no longer something you could depend on as a utility."
  },
  {
    "start": 4.62,
    "end": 11.12,
    "text": "If your electricity, anytime the utility company says today Jens will not have electricity... No!"
  },
  {
    "start": 12.4,
    "end": 14.64,
    "text": "You would be very unhappy right?"
  },
  {
    "start": 14.9,
    "end": 16.7,
    "text": "You probably switch to different companies."
  },
  {
    "start": 19.7,
    "end": 22.16,
    "text": "Welcome welcome to Big Bang Tech Report."
  },
  {
    "start": 23.1,
    "end": 24.46,
    "text": "I'm Jens de Boer with me."
  },
  {
    "start": 24.78,
    "end": 26.38,
    "text": "co-host Alvin Greiland."
  },
  {
    "start": 27.86,
    "end": 28.28,
    "text": "Hey Jens"
  },
  {
    "start": 28.42,
    "end": 29.6,
    "text": "good to see you Good To See You."
  },
  {
    "start": 30.54,
    "end": 31.96,
    "text": "AI Is Accelerating Again."
  },
  {
    "start": 32.659,
    "end": 34.84,
    "text": "Today's question is very simple."
  },
  {
    "start": 35.32,
    "end": 36.92,
    "text": "Who controls the next wave?"
  },
  {
    "start": 38.0,
    "end": 40.76,
    "text": "Three themes, AI becomes the operating system."
  },
  {
    "start": 41.9,
    "end": 44.52,
    "text": "AI access become geopolitical power."
  },
  {
    "start": 45.4,
    "end": 48.46,
    "text": "and last one sovereignty needs scale."
  },
  {
    "start": 49.38,
    "end": 50.68,
    "text": "Alvin let get into it."
  },
  {
    "start": 51.98,
    "end": 52.92,
    "text": "are you ready to talk"
  },
  {
    "start": 52.98,
    "end": 53.24,
    "text": "about?"
  },
  {
    "start": 53.72,
    "end": 59.32,
    "text": "yeah so I love the brand."
  },
  {
    "start": 60.48,
    "end": 62.38,
    "text": "Apple was called late-to-AI."
  },
  {
    "start": 63.06,
    "end": 64.379,
    "text": "Maybe that missed the point."
  },
  {
    "start": 64.739,
    "end": 75.9,
    "text": "Apple plays a distribution game and AI moves onto the device, into Siri and into everyday life."
  },
  {
    "start": 76.8,
    "end": 78.22,
    "text": "So what do you think?"
  },
  {
    "start": 78.42,
    "end": 85.44,
    "text": "Is my main question is Apple really late or are we underestimating Apple's ecosystem?"
  },
  {
    "start": 88.14,
    "end": 92.6,
    "text": "Yeah, actually it's an excellent question and I think a lot of people gets this wrong."
  },
  {
    "start": 93.64,
    "end": 97.36,
    "text": "You see a lot say hey look Apple hasn't built their own AI."
  },
  {
    "start": 97.64,
    "end": 99.4,
    "text": "you know Siri has been really crappy."
  },
  {
    "start": 100.74,
    "end": 122.6,
    "text": "they're still behind And...I don't know if that was strategy or luck but i not spending the hundreds billion dollars all other companies have done They've put themselves in very good position to take advantage of what's coming with AI, particularly with AI at the edge."
  },
  {
    "start": 123.24,
    "end": 137.88,
    "text": "And I think that the Edge-based AI where it is running on your laptop or phone and glasses... That's a word for majority of the future of AI will reside in consumer based."
  },
  {
    "start": 139.76,
    "end": 146.96,
    "text": "Given that Apple has done an amazing job one very important thing, which is Apple Silicon."
  },
  {
    "start": 147.46,
    "end": 155.52,
    "text": "They've built their own phone chips they build their own laptop chips and by doing so um they've optimized it for AI."
  },
  {
    "start": 156.2,
    "end": 172.64,
    "text": "So even though They didn't create the models now all The models are actually not running on these on these devices and can be made smaller and smaller And be more capable, and it does one very important thing that the other AI Models online doesn't do."
  },
  {
    "start": 172.9,
    "end": 173.14,
    "text": "is that?"
  },
  {
    "start": 173.24,
    "end": 175.16,
    "text": "It actually allows you to protect your privacy."
  },
  {
    "start": 175.76,
    "end": 185.42,
    "text": "It allows You to Be secure in knowing that I'm going to give all my information To this AI But it doesn't mean that I'm giving up my privacy."
  },
  {
    "start": 185.6,
    "end": 190.04,
    "text": "And i think That's going to be very, Very important for every consumer out there."
  },
  {
    "start": 191.08,
    "end": 192.96,
    "text": "So so i don't Think they are late in fact?"
  },
  {
    "start": 193.08,
    "end": 203.92,
    "text": "I think that now They have an extra few hundred billion dollars of cash that they can use later To buy Up all Of those ai companies that go bankrupt Because the overspent."
  },
  {
    "start": 204.14,
    "end": 205.82,
    "text": "thats your bet more or less huh?"
  },
  {
    "start": 207.04,
    "end": 214.52,
    "text": "Yes, well it's not my bet but I think that they either lucked into or maybe they strategized."
  },
  {
    "start": 215.82,
    "end": 233.12,
    "text": "I think as we talked about at our last session, within the next six to twelve months there's going be a major correction in AI valuations."
  },
  {
    "start": 235.06,
    "end": 242.3,
    "text": "The models are getting very good already more than enough for most consumer usage of time."
  },
  {
    "start": 242.76,
    "end": 247.1,
    "text": "so it isn't really building this super-AI that everybody is talking about."
  },
  {
    "start": 247.72,
    "end": 252.1,
    "text": "maybe some businesses or governments still need higher performance."
  },
  {
    "start": 252.64,
    "end": 259.86,
    "text": "But if you want to have a super assistant that helps you become more efficient during the day, it helps understand materials and teaches you."
  },
  {
    "start": 260.42,
    "end": 263.88,
    "text": "That makes your calendar and buys in next travel plans."
  },
  {
    "start": 264.44,
    "end": 269.24,
    "text": "The AI we had last six months ago was already good enough for all of"
  },
  {
    "start": 269.92,
    "end": 269.94,
    "text": "us."
  },
  {
    "start": 270.78,
    "end": 280.78,
    "text": "A few hours ago I was on an event where people were asking me What's going on with anthropic?"
  },
  {
    "start": 281.22,
    "end": 282.12,
    "text": "They shocked Europe."
  },
  {
    "start": 282.9,
    "end": 284.4,
    "text": "And what do you think?"
  },
  {
    "start": 285.78,
    "end": 298.78,
    "text": "they were restricted politically and not for technical reasons, is it the first time that we see government using this as a weapon?"
  },
  {
    "start": 303.32,
    "end": 307.56,
    "text": "First, maybe you can explain what's going on for all the people who hasn't realized."
  },
  {
    "start": 307.98,
    "end": 310.12,
    "text": "What has happened during last days?"
  },
  {
    "start": 311.34,
    "end": 322.94,
    "text": "Yeah so about two weeks ago... The US government essentially gave a one-day warning shut off its Fable model."
  },
  {
    "start": 323.18,
    "end": 340.16,
    "text": "So about two months ago, it came out with something called Mythos which was their next generation ten trillion parameter model Which is supposed to be the state of the art and It's very powerful And so good that they had to keep away from non-ally government."
  },
  {
    "start": 341.26,
    "end": 344.58,
    "text": "Only maybe around fifty companies in the world have access."
  },
  {
    "start": 346.54,
    "end": 356.26,
    "text": "maybe June seventh or eighth, they took a kind of lesser version and made it available."
  },
  {
    "start": 356.58,
    "end": 357.5,
    "text": "That was called Fable."
  },
  {
    "start": 358.28,
    "end": 371.84,
    "text": "three days after that the government said you need to shut down for everyone because there were some tests came out showing this new model even though is reduced function model had a lot of safeguards."
  },
  {
    "start": 372.8,
    "end": 383.02,
    "text": "still able jail broken means somebody can essentially get past some of these safeguards by using various techniques."
  },
  {
    "start": 384.06,
    "end": 407.7,
    "text": "And it spooked some of the government officials in America who then told Fable, okay because this is so powerful and because it can be jailbroken we don't want to be in the hands of bad actors or also maybe governments that are afraid like China Essentially made them shut it down and when they shut It down."
  },
  {
    "start": 407.76,
    "end": 409.4,
    "text": "They didn't give any warning to their customers."
  },
  {
    "start": 409.44,
    "end": 416.18,
    "text": "so a lot of people were very annoyed And some angered by because they might have been in the middle Of a job, but then I just stopped."
  },
  {
    "start": 416.78,
    "end": 420.18,
    "text": "and that thing is less about this specific case."
  },
  {
    "start": 420.32,
    "end": 422.0,
    "text": "It's really more about what that signals?"
  },
  {
    "start": 422.62,
    "end": 427.9,
    "text": "Is at its signals that AI is now no longer something you could depend on as a utility."
  },
  {
    "start": 427.94,
    "end": 435.16,
    "text": "You know, if your electricity anytime the electricity that utility company says oh today Jens ,you will not have electricity?"
  },
  {
    "start": 435.26,
    "end": 435.98,
    "text": "No!"
  },
  {
    "start": 436.48,
    "end": 438.72,
    "text": "You would be very unhappy right?"
  },
  {
    "start": 438.98,
    "end": 443.98,
    "text": "?You probably switch to different companies and this is essentially what message was."
  },
  {
    "start": 444.24,
    "end": 445.52,
    "text": "with type of inaction?"
  },
  {
    "start": 446.06,
    "end": 449.88,
    "text": "Is it told entire world American leading edge?"
  },
  {
    "start": 449.96,
    "end": 451.54,
    "text": "AI is undependable ."
  },
  {
    "start": 451.76,
    "end": 453.5,
    "text": "You need find an alternative source."
  },
  {
    "start": 455.36,
    "end": 461.84,
    "text": "it very quickly made open source AI much more amenable to everyone."
  },
  {
    "start": 461.88,
    "end": 479.0,
    "text": "In fact, one day later... the Chinese AI lab at Zipu or z.ai, they released their GLM-Five point two which tested very similar to FABO capabilities but it was completely open source and open license."
  },
  {
    "start": 479.6,
    "end": 482.46,
    "text": "so when that happened... And then there are messages."
  },
  {
    "start": 482.8,
    "end": 489.2,
    "text": "when they release say here is a model you don't have be worried about being turned off You can be sovereign."
  },
  {
    "start": 490.34,
    "end": 492.34,
    "text": "And a lot of people liked it."
  },
  {
    "start": 492.48,
    "end": 508.42,
    "text": "A lot of the people started testing and they start to realize, hey open source is actually good enough in certain areas that may have tested better than Fabo or Opus If you look over the last two months."
  },
  {
    "start": 509.76,
    "end": 516.299,
    "text": "The Open Source portion The open router traffic a year ago is probably about two or three percent."
  },
  {
    "start": 516.78,
    "end": 518.08,
    "text": "now It's around sixty percent."
  },
  {
    "start": 518.14,
    "end": 519.9,
    "text": "They went from two percent to sixty percent."
  },
  {
    "start": 519.96,
    "end": 523.84,
    "text": "of total traffic Is not going to open source models mostly Chinese open-source models?"
  },
  {
    "start": 524.28,
    "end": 530.52,
    "text": "I think that changes this whole idea of, does open source make sense?"
  },
  {
    "start": 530.6,
    "end": 536.38,
    "text": "Remember when I was in Germany a few weeks ago and we were talking to some government folks in Germany."
  },
  {
    "start": 536.5,
    "end": 541.02,
    "text": "And they're saying oh you know what worried about using an Open Source Chinese open source?"
  },
  {
    "start": 541.06,
    "end": 541.52,
    "text": "I'm not sure."
  },
  {
    "start": 542.4,
    "end": 547.24,
    "text": "so the funny thing is that actually got a message from Thomas who's one of the ministers there."
  },
  {
    "start": 547.4,
    "end": 552.0,
    "text": "afterwards after this canceling he said Alvin maybe i think your right"
  },
  {
    "start": 552.94,
    "end": 553.66,
    "text": "really yeah"
  },
  {
    "start": 555.5,
    "end": 556.08,
    "text": "Yes, he did."
  },
  {
    "start": 556.64,
    "end": 560.36,
    "text": "What does it mean for the next years if they open system is winning?"
  },
  {
    "start": 560.8,
    "end": 562.92,
    "text": "So and what doesn't mean for Europe or Germany?"
  },
  {
    "start": 565.38,
    "end": 578.58,
    "text": "I actually think It means that now you can have leading near frontier level without spending the hundreds of billions of dollars that US and China are doing."
  },
  {
    "start": 578.66,
    "end": 583.2,
    "text": "And I think it is good for the world, essentially making AI a public good."
  },
  {
    "start": 583.32,
    "end": 584.58,
    "text": "It's making AI accessible."
  },
  {
    "start": 584.64,
    "end": 584.72,
    "text": "So"
  },
  {
    "start": 585.06,
    "end": 588.1,
    "text": "AI becoming commodity more or less?"
  },
  {
    "start": 588.86,
    "end": 589.9,
    "text": "Everybody is spending the"
  },
  {
    "start": 590.04,
    "end": 590.3,
    "text": "U.S.,"
  },
  {
    "start": 590.64,
    "end": 594.58,
    "text": "Chinese people they're spending lots money on it then we have... They're actually"
  },
  {
    "start": 594.62,
    "end": 595.32,
    "text": "spending less money!"
  },
  {
    "start": 595.7,
    "end": 596.44,
    "text": "They're spending less."
  },
  {
    "start": 596.98,
    "end": 601.2,
    "text": "So just this week, Coinbase are one of the big crypto companies."
  },
  {
    "start": 602.36,
    "end": 615.52,
    "text": "they came out with an announcement and said by switching most their traffic to Chinese open source models But they have not changed the performance of anything that they're doing."
  },
  {
    "start": 615.56,
    "end": 619.06,
    "text": "They've actually maintained their capability, but cut their cost by eighty percent."
  },
  {
    "start": 619.22,
    "end": 621.46,
    "text": "and there's now almost."
  },
  {
    "start": 621.66,
    "end": 623.44,
    "text": "I think Siemens has actually recently announced it."
  },
  {
    "start": 623.54,
    "end": 628.5,
    "text": "Now they are using open source models And Microsoft announces they will be hosting DeepSeq."
  },
  {
    "start": 629.24,
    "end": 634.78,
    "text": "So The idea is no longer something to be afraid of."
  },
  {
    "start": 634.84,
    "end": 637.56,
    "text": "It's a thing people start embracing."
  },
  {
    "start": 639.18,
    "end": 641.7,
    "text": "So, and do you know talking from Germany?"
  },
  {
    "start": 641.8,
    "end": 642.7,
    "text": "Do you know Tim Hedges."
  },
  {
    "start": 642.76,
    "end": 643.46,
    "text": "You have ever heard of him?"
  },
  {
    "start": 645.32,
    "end": 645.74,
    "text": "I Have not."
  },
  {
    "start": 645.92,
    "end": 653.14,
    "text": "no he's a CEO of Deutsche Telekom off German telecom And I think the US you know him from T-Mobile which is one of"
  },
  {
    "start": 653.84,
    "end": 655.08,
    "text": "my daughter works for T-mobile."
  },
  {
    "start": 655.12,
    "end": 655.76,
    "text": "Oh Yeah,"
  },
  {
    "start": 656.44,
    "end": 659.4,
    "text": "so it's more or less The boss of your of your daughter."
  },
  {
    "start": 660.08,
    "end": 662.08,
    "text": "and yeah It's"
  },
  {
    "start": 662.12,
    "end": 662.3,
    "text": "true."
  },
  {
    "start": 662.98,
    "end": 667.68,
    "text": "and recently He told us scale eats sovereignty for breakfast."
  },
  {
    "start": 668.28,
    "end": 675.7,
    "text": "customers do not buy ideals and they buy performance, availability enterprise."
  },
  {
    "start": 676.26,
    "end": 679.0,
    "text": "And procurement checks cost first."
  },
  {
    "start": 679.46,
    "end": 682.4,
    "text": "So without competitive prices, sovereignty losses."
  },
  {
    "start": 683.2,
    "end": 685.42,
    "text": "that is why scale matters."
  },
  {
    "start": 685.84,
    "end": 686.66,
    "text": "do you agree with?"
  },
  {
    "start": 688.12,
    "end": 690.58,
    "text": "Yeah I think he's absolutely right."
  },
  {
    "start": 690.68,
    "end": 702.42,
    "text": "and it's actually even getting worse now for American AI because last week when OpenAI came out with their five point six model the government said this model also too powerful."
  },
  {
    "start": 702.86,
    "end": 706.0,
    "text": "It can only be authorized to companies we authorize."
  },
  {
    "start": 706.06,
    "end": 709.36,
    "text": "so they have the government to say, who can see this?"
  },
  {
    "start": 709.42,
    "end": 710.26,
    "text": "Who can use his model."
  },
  {
    "start": 710.88,
    "end": 726.42,
    "text": "And when you start having this lack of control and sovereignty and it costs ten times or maybe sometimes thirty times more than the open source models It really makes what the T-Mobile CEO said make a lot."
  },
  {
    "start": 726.56,
    "end": 731.86,
    "text": "sense is now You Can Use As Much AI as You Want For Almost Nothing And You Get Full Control."
  },
  {
    "start": 732.22,
    "end": 733.76,
    "text": "Why Would You Give That Up?"
  },
  {
    "start": 734.7,
    "end": 744.44,
    "text": "Because he's telling us this because we are building up big factories, big factories for tokens and all the stuff in Germany."
  },
  {
    "start": 745.14,
    "end": 755.12,
    "text": "And then we said to our customers please buy our products, our tokens because it's made in Germany and then we are more secure."
  },
  {
    "start": 759.28,
    "end": 761.24,
    "text": "This is where we started at the beginning about Apple."
  },
  {
    "start": 761.38,
    "end": 764.28,
    "text": "I think that more of the tokens will be actually on-premise."
  },
  {
    "start": 764.54,
    "end": 764.86,
    "text": "On what?"
  },
  {
    "start": 764.94,
    "end": 765.4,
    "text": "Can you tell again"
  },
  {
    "start": 765.44,
    "end": 765.68,
    "text": "on what?"
  },
  {
    "start": 767.84,
    "end": 768.34,
    "text": "On premise."
  },
  {
    "start": 768.68,
    "end": 779.0,
    "text": "On premise means that it would be running a server in your office or at home and when thats the case, I think big data center become less important."
  },
  {
    "start": 779.04,
    "end": 797.58,
    "text": "In fact yesterday i was sitting with one of the CTOs from major bank in America And he telling me they are moving so much their traffic to on-premise models because both for regulatory issues, they're doing with people's private data."
  },
  {
    "start": 798.2,
    "end": 801.36,
    "text": "But also because they want to be able to tune and optimize these models."
  },
  {
    "start": 801.44,
    "end": 805.44,
    "text": "And smaller models actually do the job For most of what they need."
  },
  {
    "start": 805.68,
    "end": 808.64,
    "text": "Only a small portion of their work needs big models."
  },
  {
    "start": 809.22,
    "end": 813.76,
    "text": "I think this is defining that i had from my Stanford paper back in April as well."
  },
  {
    "start": 814.58,
    "end": 820.14,
    "text": "It will increase proportion that would be reliant on proprietary models."
  },
  {
    "start": 822.92,
    "end": 825.36,
    "text": "So let's switch from Europe to China."
  },
  {
    "start": 825.72,
    "end": 831.74,
    "text": "We have been in America with Apple, then we went to Europe and now we are going to China like always more or less."
  },
  {
    "start": 832.56,
    "end": 845.62,
    "text": "GLM has a five point two is powerful affordable open weight And the strategy is clear that america tightens model accesses."
  },
  {
    "start": 850.44,
    "end": 856.16,
    "text": "And my main question is, is GLM five point two China's next deep seek moment?"
  },
  {
    "start": 858.2,
    "end": 865.34,
    "text": "I think for a lot of people it really has because over the last three weeks since he's been out essentially everybody's been testing."
  },
  {
    "start": 865.4,
    "end": 868.16,
    "text": "It and The results are this is not a fake model."
  },
  {
    "start": 868.22,
    "end": 873.74,
    "text": "This is not something they just maximize the benchmark test, because for a lot of models they actually do."
  },
  {
    "start": 873.88,
    "end": 875.34,
    "text": "They say what did that look like?"
  },
  {
    "start": 875.4,
    "end": 879.4,
    "text": "I'll just make it really good but in real world doesn't work."
  },
  {
    "start": 879.96,
    "end": 890.88,
    "text": "and what they seem to have done is create a model which works in real-world and are able to replace opus four point eight or seven."
  },
  {
    "start": 891.2,
    "end": 901.68,
    "text": "and essentially you're at most not necessarily as fable or mythos, but it's definitely as good as opus which is the best available to everyone model."
  },
  {
    "start": 902.42,
    "end": 913.66,
    "text": "And because Anthropic kept the highest model away from most people now essentially you can say that Chinese models are at this state of art versus the proprietary models."
  },
  {
    "start": 914.6,
    "end": 924.18,
    "text": "and in fact here another thing interesting a few days after the anthropic ban Japan, there's a lab they're called Sakana."
  },
  {
    "start": 924.7,
    "end": 936.84,
    "text": "They announced and released a model call Sakana Fugu And this model is also an open-source model and they show that the performance Is almost as good as opus As well."
  },
  {
    "start": 936.92,
    "end": 946.7,
    "text": "so now it's not just China Now japan Also has a model That is performing as as good but It's also something that is not controlled by the American government."
  },
  {
    "start": 946.86,
    "end": 955.32,
    "text": "So they say hey you can rely on us and what they do is to make a orchestration model, the model that selects models."
  },
  {
    "start": 955.96,
    "end": 965.12,
    "text": "And underneath of it may have fifty or hundred smaller models but together its actually cheaper uh...and as intelligent has a giant model."
  },
  {
    "start": 965.76,
    "end": 967.84,
    "text": "I think you know this kind trend happening."
  },
  {
    "start": 967.9,
    "end": 972.84,
    "text": "so good news means not only China that are now making competitive models."
  },
  {
    "start": 972.92,
    "end": 978.86,
    "text": "Now we have, you know Japan-making competitive models and you know Mistral has is a little behind the other European side."
  },
  {
    "start": 978.9,
    "end": 985.76,
    "text": "It's still a little bit hind but I think at some point they will probably also always A higher quality model as well."
  },
  {
    "start": 986.46,
    "end": 989.76,
    "text": "So this it's good news for the world right?"
  },
  {
    "start": 989.98,
    "end": 990.8,
    "text": "There're more options."
  },
  {
    "start": 991.24,
    "end": 994.1,
    "text": "And there was another good or well in use from all over the world."
  },
  {
    "start": 994.16,
    "end": 996.8,
    "text": "This is bite by dense Is it bite dance?"
  },
  {
    "start": 996.86,
    "end": 997.42,
    "text": "how do you call?"
  },
  {
    "start": 997.5,
    "end": 998.78,
    "text": "It's"
  },
  {
    "start": 998.82,
    "end": 999.58,
    "text": "a company by dance."
  },
  {
    "start": 999.68,
    "end": 1001.1,
    "text": "Yeah, I dance yeah, but it has pushes."
  },
  {
    "start": 1001.2,
    "end": 1001.34,
    "text": "see"
  },
  {
    "start": 1004.2,
    "end": 1006.44,
    "text": "that is the company at almost tick tock."
  },
  {
    "start": 1006.88,
    "end": 1009.62,
    "text": "Oh, oh, yeah Okay this mother Mother of Tick Tock"
  },
  {
    "start": 1010.9,
    "end": 1011.08,
    "text": "Yes"
  },
  {
    "start": 1011.98,
    "end": 1013.96,
    "text": "all over the world except America right?"
  },
  {
    "start": 1016.58,
    "end": 1016.94,
    "text": "More or less"
  },
  {
    "start": 1017.16,
    "end": 1018.46,
    "text": "you're going to take talk."
  },
  {
    "start": 1019.54,
    "end": 1022.0,
    "text": "no tiktok in America."
  },
  {
    "start": 1022.54,
    "end": 1025.859,
    "text": "Well, I think TikTok they had to sell the American portion."
  },
  {
    "start": 1025.96,
    "end": 1026.18,
    "text": "that's"
  },
  {
    "start": 1026.22,
    "end": 1026.339,
    "text": "it."
  },
  {
    "start": 1026.579,
    "end": 1027.2,
    "text": "That's what you do?"
  },
  {
    "start": 1027.66,
    "end": 1028.78,
    "text": "Yeah two day Americans."
  },
  {
    "start": 1028.98,
    "end": 1030.38,
    "text": "so it was a Trump."
  },
  {
    "start": 1030.56,
    "end": 1031.76,
    "text": "Trump forced"
  },
  {
    "start": 1032.66,
    "end": 1045.22,
    "text": "them to sell but by Biden is very powerful in media and there are doing videos right now And this means that production use gets closer."
  },
  {
    "start": 1045.319,
    "end": 1051.58,
    "text": "This matters for media, for advertising, for education and corporate content?"
  },
  {
    "start": 1051.98,
    "end": 1057.06,
    "text": "My question is AI video now production ready?"
  },
  {
    "start": 1058.68,
    "end": 1059.7,
    "text": "Yeah, you know."
  },
  {
    "start": 1059.86,
    "end": 1064.94,
    "text": "so I think they went from it used to be a ten or fifteen second type clips and now They're going through thirty seconds."
  },
  {
    "start": 1065.04,
    "end": 1071.68,
    "text": "So essentially put in the prompt And have a scene of thirty Seconds fully described with one prompt without any other tools."
  },
  {
    "start": 1072.46,
    "end": 1075.26,
    "text": "You Know for if you look at most advertising I mean there are thirty seconds."
  },
  {
    "start": 1075.32,
    "end": 1080.74,
    "text": "If you look At Most movie scenes they switch switch Angles and cameras quickly?"
  },
  {
    "start": 1081.0,
    "end": 1088.5,
    "text": "It's very seldom that you actually even Have One Scene That Is Thirty Seconds CDance, two point."
  },
  {
    "start": 1088.56,
    "end": 1091.84,
    "text": "Oh was already the best video generation model in the world."
  },
  {
    "start": 1092.3,
    "end": 1096.64,
    "text": "and now I think see see dance to point five takes it To an under level."
  },
  {
    "start": 1096.88,
    "end": 1099.52,
    "text": "And so you know for four movie makers actually?"
  },
  {
    "start": 1099.64,
    "end": 1105.64,
    "text": "I was just in LA a week-and-a-half ago and A lot of moving people there I was talking too."
  },
  {
    "start": 1105.74,
    "end": 1106.2,
    "text": "end this thing."
  },
  {
    "start": 1106.9,
    "end": 1115.98,
    "text": "all The studios are putting into their production workflow using AI-generated videos and AI generated actors, enhancing with AI."
  },
  {
    "start": 1116.08,
    "end": 1118.7,
    "text": "So it used to be CGI for doing special effects."
  },
  {
    "start": 1119.18,
    "end": 1122.24,
    "text": "now AI is becoming a normal part of the workflow."
  },
  {
    "start": 1122.72,
    "end": 1132.26,
    "text": "Yeah so I think we have discussed this several times And its more or less your favorite theme Or your favourite work."
  },
  {
    "start": 1132.58,
    "end": 1137.54,
    "text": "It's about post labor And AI and RoboState."
  },
  {
    "start": 1138.52,
    "end": 1148.96,
    "text": "Before we get to post-liver, I do want to mention there's a new model that came out just yesterday from Meituan is Chinese food delivery company."
  },
  {
    "start": 1149.02,
    "end": 1149.84,
    "text": "It was like Uber Eats!"
  },
  {
    "start": 1150.68,
    "end": 1157.02,
    "text": "They came up with the one point six trillion parameter model which now essentially testing to be state of art."
  },
  {
    "start": 1158.62,
    "end": 1163.96,
    "text": "The most important thing it completely trained on fifty thousand Huawei chips."
  },
  {
    "start": 1164.66,
    "end": 1170.92,
    "text": "So it used to be, before we keep talking about how important NVIDIA is in model training."
  },
  {
    "start": 1171.66,
    "end": 1185.52,
    "text": "And now if they can show that they don't need NVIDia to do training this really changes the kind of control that American ecosystem has over global AI industry."
  },
  {
    "start": 1187.0,
    "end": 1188.78,
    "text": "So what does it mean for NVIDIA?"
  },
  {
    "start": 1188.98,
    "end": 1195.1,
    "text": "If the Chinese, is already more powerful this chip or where are they right now."
  },
  {
    "start": 1196.2,
    "end": 1200.12,
    "text": "No I think The Huawei chips are behind there probably two generations behind."
  },
  {
    "start": 1200.44,
    "end": 1216.44,
    "text": "but the fact that They didn't need to use the latest Nvidia chips to training because training Is a most advantageous part of the NVIDIA ecosystem provides before because a lot of inference, you can do inference on TPUs."
  },
  {
    "start": 1216.52,
    "end": 1232.72,
    "text": "You can do inferences on Syrupus or you could do inference in Huawei chips but very few people would actually be training for anything except Nvidia and now that this company has done it to with a very sizable model proves its capability."
  },
  {
    "start": 1236.56,
    "end": 1241.52,
    "text": "But you see and we say that everywhere them, the models are improving."
  },
  {
    "start": 1241.64,
    "end": 1249.44,
    "text": "That now we see videos We see robots on all this stuff and people are fearing the situation."
  },
  {
    "start": 1249.68,
    "end": 1250.74,
    "text": "And what about their job?"
  },
  {
    "start": 1250.86,
    "end": 1251.86,
    "text": "What about the labor end?"
  },
  {
    "start": 1251.94,
    "end": 1256.1,
    "text": "because work gives status where it gives purpose where give belonging."
  },
  {
    "start": 1257.52,
    "end": 1267.44,
    "text": "It's for a special note not especially for us men but everybody or for lot of How do you see it?"
  },
  {
    "start": 1267.6,
    "end": 1275.38,
    "text": "Do we over talk job losses or under talk, meaning dignity participation and how is...how?"
  },
  {
    "start": 1277.9,
    "end": 1282.2,
    "text": "Yeah, I think this is a very important question and unfortunately."
  },
  {
    "start": 1282.28,
    "end": 1297.0,
    "text": "This is something that there's a lot of Essentially denial out there because it feels good to say oh You know AI will never replace us in these jobs Because you know we're just so smart and so creative And so whatever yeah?"
  },
  {
    "start": 1297.04,
    "end": 1303.16,
    "text": "When you do this means that we're not doing any preparations for when when those type of job loss or displacement comes."
  },
  {
    "start": 1303.68,
    "end": 1316.64,
    "text": "And I think because you use this stuff all the time, and people who use it daily understand that they need to be using it but hide from them."
  },
  {
    "start": 1316.76,
    "end": 1322.4,
    "text": "as they see in news we've always had more jobs so there will be fine!"
  },
  {
    "start": 1322.44,
    "end": 1325.26,
    "text": "It's a disservice for media telling everybody."
  },
  {
    "start": 1325.86,
    "end": 1333.94,
    "text": "don't worry these things are not good because it makes people feel good right now, but it makes them very unprepared for when the problem hits us."
  },
  {
    "start": 1334.28,
    "end": 1341.32,
    "text": "And I think that's also important to really start seeing this and making the right preparations."
  },
  {
    "start": 1341.46,
    "end": 1363.96,
    "text": "so you saw a paper last week which specifically talks about this issue changing our mindset that we need to move from essentially, you know just pure analytical cognitive work."
  },
  {
    "start": 1364.36,
    "end": 1374.8,
    "text": "To more service-based work because Service-Based Work is something That machines will probably not be able replace for a very long time in terms of human-to-human type relationship works."
  },
  {
    "start": 1374.84,
    "end": 1382.1,
    "text": "so like Elderly care or nursing or Teaching things that you want to have somebody in front of you?"
  },
  {
    "start": 1383.14,
    "end": 1387.24,
    "text": "that security of knowing you're working with a person."
  },
  {
    "start": 1388.08,
    "end": 1394.24,
    "text": "And the good news is those That the pool for this type of service work is actually very high."
  },
  {
    "start": 1394.28,
    "end": 1400.98,
    "text": "And so there isn't enough jobs or people to transition from their current work, too This type of work where as people say oh you know There's like new jobs."
  },
  {
    "start": 1401.02,
    "end": 1406.84,
    "text": "I prompt engineering and The realities are data analysts, you know Data management."
  },
  {
    "start": 1406.92,
    "end": 1408.24,
    "text": "come up People they're maybe."
  },
  {
    "start": 1408.28,
    "end": 1413.64,
    "text": "You know Maybe a few companies will have these four while but in time those will also shrink right?"
  },
  {
    "start": 1413.68,
    "end": 1423.4,
    "text": "So really the sector that we can move people from, you know We went from essentially farming to manufacturing two office work and now You know?"
  },
  {
    "start": 1423.46,
    "end": 1428.94,
    "text": "We need to start thinking what is the next big labor pool where people Can do work right."
  },
  {
    "start": 1428.98,
    "end": 1429.94,
    "text": "And then we also need"
  },
  {
    "start": 1430.52,
    "end": 1430.62,
    "text": "yeah"
  },
  {
    "start": 1430.8,
    "end": 1431.04,
    "text": "go ahead"
  },
  {
    "start": 1431.18,
    "end": 1433.34,
    "text": "Now we have right now a big discussion in Germany."
  },
  {
    "start": 1433.92,
    "end": 1444.72,
    "text": "if view as a journalist can use AI for writing articles And if you have to tell everybody, this is not my article."
  },
  {
    "start": 1444.8,
    "end": 1453.24,
    "text": "This is an article of AI and so people are journalists who've lost their job because they haven't said that it's from AI?"
  },
  {
    "start": 1455.22,
    "end": 1460.4,
    "text": "So we're right now in the discussion about top minds for our country."
  },
  {
    "start": 1461.3,
    "end": 1465.26,
    "text": "until now there were top minds which had written them down as thinking about it."
  },
  {
    "start": 1468.18,
    "end": 1471.4,
    "text": "to be honest, sometimes it's even better with the machine."
  },
  {
    "start": 1472.0,
    "end": 1482.38,
    "text": "And now they said no we shouldn't do it anymore and everybody has to say if it is from AI he has to do a waterproof or yes right first."
  },
  {
    "start": 1482.44,
    "end": 1485.02,
    "text": "this is not my these are not my sorts."
  },
  {
    "start": 1485.9,
    "end": 1486.84,
    "text": "there are sorts of AI."
  },
  {
    "start": 1488.32,
    "end": 1491.66,
    "text": "how you look at that?"
  },
  {
    "start": 1493.14,
    "end": 1498.72,
    "text": "If you're using a tool and saying the complete data, that complete writing is made by AI then it's not your writing."
  },
  {
    "start": 1499.42,
    "end": 1505.5,
    "text": "It just... You got an assignment from your editor and put in the question and they came up with article- That's NOT your writing!"
  },
  {
    "start": 1506.56,
    "end": 1508.06,
    "text": "Then you shouldn't take credit for it."
  },
  {
    "start": 1508.5,
    "end": 1513.2,
    "text": "But if you're working in co-creation with AI, then I think it's fine to say hey."
  },
  {
    "start": 1513.4,
    "end": 1519.64,
    "text": "I use they are this process but the key ideas and the innovations and insights came from me."
  },
  {
    "start": 1527.84,
    "end": 1528.4,
    "text": "It really does."
  },
  {
    "start": 1528.7,
    "end": 1532.32,
    "text": "You don't need a lot of creativity, you just need to analyze the data and it's fine!"
  },
  {
    "start": 1532.4,
    "end": 1536.96,
    "text": "You can do that whole thing in an article on annualizing annual report with using AI."
  },
  {
    "start": 1537.84,
    "end": 1539.2,
    "text": "so its about your job."
  },
  {
    "start": 1539.26,
    "end": 1543.78,
    "text": "but if there is opinion piece or an op-ed then probably should be something written by humans"
  },
  {
    "start": 1544.04,
    "end": 1544.24,
    "text": "right?"
  },
  {
    "start": 1544.56,
    "end": 1551.02,
    "text": "Okay So I think this more or less covers our discussion we have now in Germany And Oven."
  },
  {
    "start": 1551.54,
    "end": 1556.82,
    "text": "Last question like always What are closing remarks?"
  },
  {
    "start": 1558.72,
    "end": 1564.18,
    "text": "Actually, what's on my mind right now is kind of the geopolitical tension."
  },
  {
    "start": 1564.44,
    "end": 1569.96,
    "text": "I just spent three or four days in Montana where a lot from Washington"
  },
  {
    "start": 1570.02,
    "end": 1570.24,
    "text": "D.C.,"
  },
  {
    "start": 1570.44,
    "end": 1573.02,
    "text": "government people were and think-tanked people are all together."
  },
  {
    "start": 1573.62,
    "end": 1574.9,
    "text": "And when was there year ago?"
  },
  {
    "start": 1576.06,
    "end": 1580.1,
    "text": "People had hoped that hey There're more room for cooperation This year."
  },
  {
    "start": 1580.46,
    "end": 1589.8,
    "text": "it really worried me because The feedback i heard Washington people were saying, look you know Europe used to be our allies."
  },
  {
    "start": 1589.88,
    "end": 1590.6,
    "text": "now they hate us."
  },
  {
    "start": 1591.26,
    "end": 1594.36,
    "text": "Now China is getting so strong and their AI's are good."
  },
  {
    "start": 1594.84,
    "end": 1595.52,
    "text": "They're catching up."
  },
  {
    "start": 1596.14,
    "end": 1599.18,
    "text": "we need to double down We need to win."
  },
  {
    "start": 1600.42,
    "end": 1611.26,
    "text": "And it makes me very worried because I feel like a large portion of them was focused on what do we have to do now?"
  },
  {
    "start": 1613.0,
    "end": 1618.42,
    "text": "Very few people were asking, what can we do now to work together more so that we all win together?"
  },
  {
    "start": 1620.26,
    "end": 1626.76,
    "text": "And given how strong and powerful America is in both its economic power and military power."
  },
  {
    "start": 1629.34,
    "end": 1648.02,
    "text": "Having the leaders of this country not be thinking cooperatively around a world makes me worried given what we're doing in terms of being sort-of a mini media, and hopefully people who are listening to us have even more beach."
  },
  {
    "start": 1649.62,
    "end": 1655.2,
    "text": "I think it's important for us to pass the message of cooperation out to more people."
  },
  {
    "start": 1657.48,
    "end": 1665.14,
    "text": "The world is not zero-sum and we need to stop thinking about the world as a zero sum."
  },
  {
    "start": 1665.22,
    "end": 1681.02,
    "text": "Whether it's AI race or auto race, energy race whatever manufacturing capacity all these things I think there are so much interdependence now in the world that you know components coming from everywhere materials come every where software comes anywhere."
  },
  {
    "start": 1682.94,
    "end": 1690.48,
    "text": "We cannot create fully independent and always the leading player."
  },
  {
    "start": 1690.92,
    "end": 1695.34,
    "text": "And that this is true for, I think both regions as well as countries."
  },
  {
    "start": 1698.18,
    "end": 1704.3,
    "text": "When we see each other in Berlin a few months it will also be an important message to pass"
  },
  {
    "start": 1705.32,
    "end": 1705.86,
    "text": "on too."
  },
  {
    "start": 1706.02,
    "end": 1713.5,
    "text": "What's your plan of people who see the world with negative views?"
  },
  {
    "start": 1713.76,
    "end": 1718.52,
    "text": "What should they do in the next month to win the race, to do something?"
  },
  {
    "start": 1719.96,
    "end": 1722.52,
    "text": "Well I think their plan is what's happening today."
  },
  {
    "start": 1722.62,
    "end": 1725.06,
    "text": "It keeps good stuff for ourselves."
  },
  {
    "start": 1726.88,
    "end": 1730.56,
    "text": "only our friends and partners can make profits."
  },
  {
    "start": 1731.74,
    "end": 1733.9,
    "text": "use this technology to maintain advantage."
  },
  {
    "start": 1734.0,
    "end": 1734.46,
    "text": "This"
  },
  {
    "start": 1734.52,
    "end": 1735.66,
    "text": "is America first or not?"
  },
  {
    "start": 1737.78,
    "end": 1738.84,
    "text": "This is America first."
  },
  {
    "start": 1738.96,
    "end": 1744.06,
    "text": "Yes, this is the problem and I think we need to make humanity Humanity first not at night."
  },
  {
    "start": 1744.14,
    "end": 1744.82,
    "text": "America first."
  },
  {
    "start": 1744.86,
    "end": 1747.12,
    "text": "that is that is the issue today."
  },
  {
    "start": 1747.56,
    "end": 1747.64,
    "text": "so"
  },
  {
    "start": 1749.04,
    "end": 1753.3,
    "text": "That's a good headline Humanity first and not America."
  },
  {
    "start": 1753.4,
    "end": 1754.44,
    "text": "First, and we see it."
  },
  {
    "start": 1754.58,
    "end": 1762.74,
    "text": "I know you're not a soccer fan But everybody said okay this is very bad that it is in america That's in canada and Mexico the world championship."
  },
  {
    "start": 1762.96,
    "end": 1766.36,
    "text": "And now we see a big party on screen on television?"
  },
  {
    "start": 1767.3,
    "end": 1772.6,
    "text": "We see people are celebrating and this is a World Party another party from only one country."
  },
  {
    "start": 1772.64,
    "end": 1774.86,
    "text": "Yeah,"
  },
  {
    "start": 1774.94,
    "end": 1783.56,
    "text": "and sports is actually one thing that connects people because they They want to win, but they still are playing by the rules."
  },
  {
    "start": 1783.92,
    "end": 1783.98,
    "text": "And"
  },
  {
    "start": 1786.26,
    "end": 1791.54,
    "text": "there's a clear set of rules and everybody can play...they send in the same number of players right?"
  },
  {
    "start": 1791.6,
    "end": 1794.16,
    "text": "You cannot have one team with twenty players or ten."
  },
  {
    "start": 1798.22,
    "end": 1800.78,
    "text": "in economics and geopolitics, that's not the case."
  },
  {
    "start": 1801.4,
    "end": 1802.88,
    "text": "The rules are different for different players."
  },
  {
    "start": 1803.48,
    "end": 1808.38,
    "text": "bigger countries can have more players so it is a fair game."
  },
  {
    "start": 1808.82,
    "end": 1820.22,
    "text": "I think this why i actually appreciate kind of mentality out there where, you know we can come together and enjoy something as a planet."
  },
  {
    "start": 1820.42,
    "end": 1826.12,
    "text": "And so even though I'm not a big soccer fan i can totally appreciate all the fans."
  },
  {
    "start": 1830.74,
    "end": 1832.38,
    "text": "This was the Big Bang Tech Report."
  },
  {
    "start": 1834.1,
    "end": 1837.48,
    "text": "Yes, very good!"
  },
  {
    "start": 1837.64,
    "end": 1842.7,
    "text": "Well yeah another week and please like and subscribe to us and pass this on."
  },
  {
    "start": 1842.88,
    "end": 1843.3,
    "text": "your friends"
  },
  {
    "start": 1843.6,
    "end": 1847.78,
    "text": "of course see you next time And we use everybody out there."
  },
  {
    "start": 1847.86,
    "end": 1851.76,
    "text": "see us at The Big Bang AI Festival in September."
  },
  {
    "start": 1852.24,
    "end": 1856.96,
    "text": "We will be both on stage talking about the big bang tech trends and report."
  },
  {
    "start": 1859.96,
    "end": 1860.5,
    "text": "much, Alvin."
  },
  {
    "start": 1861.02,
    "end": 1862.6,
    "text": "Have fun in Aspen!"
  },
  {
    "start": 1862.66,
    "end": 1863.52,
    "text": "You're right now on Aspen?"
  },
  {
    "start": 1864.66,
    "end": 1866.52,
    "text": "Yes I'm at the Aspen Ideas Festival."
  },
  {
    "start": 1866.6,
    "end": 1869.32,
    "text": "it's a yearly gathering and that's a privilege to be here."
  },
  {
    "start": 1869.74,
    "end": 1873.88,
    "text": "lot of amazing minds so wonderful And i will see you soon in Berlin."
  },
  {
    "start": 1874.54,
    "end": 1878.02,
    "text": "Okay bye-bye Alven See you."
  }
]