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RE: Lion’s Den – September 20, 2024 [Full Episode w/ Subtitles & Transcript]

in Threespeak4 months ago

1607
01:40:21,380 --> 01:40:23,380
thing. And

1608
01:40:23,380 --> 01:40:25,380
you want to see it on Leo, just

1609
01:40:25,380 --> 01:40:27,380
look at

1610
01:40:29,380 --> 01:40:31,380
the

1611
01:40:31,380 --> 01:40:33,380
threadcasts. Those people

1612
01:40:33,380 --> 01:40:35,380
are putting up threadcasts each day. Those

1613
01:40:35,380 --> 01:40:37,380
are the ones dedicated.

1614
01:40:37,380 --> 01:40:39,380
So

1615
01:40:39,380 --> 01:40:41,380
when you start to

1616
01:40:41,380 --> 01:40:43,380
look at this

1617
01:40:43,380 --> 01:40:45,380
and you start to say, okay,

1618
01:40:45,380 --> 01:40:47,380
I want to be an owner.

1619
01:40:49,380 --> 01:40:51,380
Then you're an owner.

1620
01:40:53,380 --> 01:40:55,380
So

1621
01:40:55,380 --> 01:40:57,380
Brenda, what you're recommending is you're

1622
01:40:57,380 --> 01:40:59,380
recommending, okay, the only way

1623
01:40:59,380 --> 01:41:01,380
to make Web3 possible

1624
01:41:01,380 --> 01:41:03,380
is to spend our time on Web2.

1625
01:41:03,380 --> 01:41:05,380
That's what you're saying.

1626
01:41:05,380 --> 01:41:07,380
You're saying, leave Web3 and

1627
01:41:07,380 --> 01:41:09,380
go on Web2.

1628
01:41:09,380 --> 01:41:11,380
Sorry, I'm going to call bullshit on that.

1629
01:41:11,380 --> 01:41:13,380
You can sit there and say that's where all the people

1630
01:41:13,380 --> 01:41:15,380
are. And that's where you can

1631
01:41:15,380 --> 01:41:17,380
incentivize. Well, if they're all hanging out on

1632
01:41:17,380 --> 01:41:19,380
Telegram, what are you going to incentivize them to leave?

1633
01:41:19,380 --> 01:41:21,380
They're going to leave Telegram. You just said

1634
01:41:21,380 --> 01:41:23,380
it's a place with millions

1635
01:41:23,380 --> 01:41:25,380
of people. So it's a hotbed.

1636
01:41:25,380 --> 01:41:27,380
It's an epicenter. So it's Web2.

1637
01:41:27,380 --> 01:41:29,380
And it goes back to what Ahmad

1638
01:41:29,380 --> 01:41:31,380
said earlier. People who are

1639
01:41:31,380 --> 01:41:33,380
on Twitter aren't leaving Twitter.

1640
01:41:33,380 --> 01:41:35,380
They're happy there.

1641
01:41:35,380 --> 01:41:37,380
I mean, for whatever reason, there's still

1642
01:41:37,380 --> 01:41:39,380
how many people show up to Facebook

1643
01:41:39,380 --> 01:41:41,380
each day? Now, I don't think

1644
01:41:41,380 --> 01:41:43,380
anybody under 40 uses Facebook,

1645
01:41:43,380 --> 01:41:45,380
do they?

1646
01:41:45,380 --> 01:41:47,380
I don't use Facebook, so I don't know.

1647
01:41:47,380 --> 01:41:49,380
But there's

1648
01:41:49,380 --> 01:41:51,380
hundreds of millions of people on Facebook

1649
01:41:51,380 --> 01:41:53,380
every day.

1650
01:41:53,380 --> 01:41:55,380
Instagram, I think, gets a younger crowd.

1651
01:41:55,380 --> 01:41:57,380
But again, it's this idea that, oh, well,

1652
01:41:57,380 --> 01:41:59,380
we've got to leave Web3 to go use Web2.

1653
01:41:59,380 --> 01:42:01,380
Well, who the hell is using Web3?

1654
01:42:01,380 --> 01:42:03,380
And

1655
01:42:03,380 --> 01:42:05,380
this is... Brando is

1656
01:42:05,380 --> 01:42:07,380
offering the same thing about Telegram

1657
01:42:07,380 --> 01:42:09,380
that we've heard said for X with the

1658
01:42:09,380 --> 01:42:11,380
Hive Army on X.

1659
01:42:11,380 --> 01:42:13,380
These people put up 10,000

1660
01:42:13,380 --> 01:42:15,380
tweets

1661
01:42:15,380 --> 01:42:17,380
a day

1662
01:42:17,380 --> 01:42:19,380
or more

1663
01:42:19,380 --> 01:42:21,380
and comments and engagement on X.

1664
01:42:21,380 --> 01:42:23,380
And they're

1665
01:42:23,380 --> 01:42:25,380
not doing anything on Hive. They talk about Hive.

1666
01:42:25,380 --> 01:42:27,380
Talk about how wonderful Hive

1667
01:42:27,380 --> 01:42:29,380
is. Oh, it's

1668
01:42:29,380 --> 01:42:31,380
immutable data. How the hell

1669
01:42:31,380 --> 01:42:33,380
do you know? You're putting it all on X.

1670
01:42:33,380 --> 01:42:35,380
It's the same thing.

1671
01:42:35,380 --> 01:42:37,380
And why don't Web3 apps take

1672
01:42:37,380 --> 01:42:39,380
off?

1673
01:42:41,380 --> 01:42:43,380
Ask SimpleGame

1674
01:42:43,380 --> 01:42:45,380
about the incentivization

1675
01:42:45,380 --> 01:42:47,380
of gaming.

1676
01:42:49,380 --> 01:42:51,380
He'll tell you exactly

1677
01:42:51,380 --> 01:42:53,380
about the incentivization of Web3 gaming.

1678
01:42:53,380 --> 01:42:55,380
It's the same thing.

1679
01:42:55,380 --> 01:42:57,380
It's always

1680
01:42:57,380 --> 01:42:59,380
the same thing.

1681
01:42:59,380 --> 01:43:01,380
We have to go and appeal to these people

1682
01:43:01,380 --> 01:43:03,380
on Web2.

1683
01:43:03,380 --> 01:43:05,380
Why don't you

1684
01:43:05,380 --> 01:43:07,380
build something on Web3 that people

1685
01:43:07,380 --> 01:43:09,380
want?

1686
01:43:09,380 --> 01:43:11,380
Because

1687
01:43:11,380 --> 01:43:13,380
what the hell are you going to market?

1688
01:43:13,380 --> 01:43:15,380
What's your USP?

1689
01:43:15,380 --> 01:43:17,380
That's an old marketing term called

1690
01:43:17,380 --> 01:43:19,380
unique service proposition. What makes it different?

1691
01:43:19,380 --> 01:43:21,380
How are you

1692
01:43:21,380 --> 01:43:23,380
going to position yourself? What makes you different

1693
01:43:23,380 --> 01:43:25,380
from what's out there?

1694
01:43:25,380 --> 01:43:27,380
And I challenge

1695
01:43:27,380 --> 01:43:29,380
anybody to write that up for Leo.

1696
01:43:29,380 --> 01:43:31,380
I bet you can't come up with that. Or ask

1697
01:43:31,380 --> 01:43:33,380
the Leo team

1698
01:43:33,380 --> 01:43:35,380
then. I bet they can't come up with it.

1699
01:43:35,380 --> 01:43:37,380
That's the

1700
01:43:37,380 --> 01:43:39,380
first thing in Marketing 101.

1701
01:43:39,380 --> 01:43:41,380
What makes you unique?

1702
01:43:41,380 --> 01:43:43,380
Oh, well, we do

1703
01:43:43,380 --> 01:43:45,380
the same thing as they do.

1704
01:43:45,380 --> 01:43:47,380
Then

1705
01:43:47,380 --> 01:43:49,380
they're not

1706
01:43:49,380 --> 01:43:51,380
going to switch.

1707
01:43:51,380 --> 01:43:53,380
So,

1708
01:43:53,380 --> 01:43:55,380
there's a reason why

1709
01:43:55,380 --> 01:43:57,380
Kia and Mercedes,

1710
01:43:57,380 --> 01:43:59,380
even though they both

1711
01:43:59,380 --> 01:44:01,380
make automobiles, even though they have four wheels

1712
01:44:01,380 --> 01:44:03,380
and a steering wheel, four tires

1713
01:44:03,380 --> 01:44:05,380
and a steering wheel, they're completely

1714
01:44:05,380 --> 01:44:07,380
different worlds.

1715
01:44:07,380 --> 01:44:09,380
And everything in either

1716
01:44:09,380 --> 01:44:11,380
of those companies is designed

1717
01:44:11,380 --> 01:44:13,380
with where they are positioned.

1718
01:44:13,380 --> 01:44:15,380
And Mercedes

1719
01:44:15,380 --> 01:44:17,380
does not operate like

1720
01:44:17,380 --> 01:44:19,380
Kia or Hyundai.

1721
01:44:19,380 --> 01:44:21,380
And Kia and Hyundai don't operate like

1722
01:44:21,380 --> 01:44:23,380
Mercedes.

1723
01:44:23,380 --> 01:44:25,380
But again,

1724
01:44:25,380 --> 01:44:27,380
I mean, it's just another

1725
01:44:27,380 --> 01:44:29,380
example. Oh, well, how to make Web3

1726
01:44:29,380 --> 01:44:31,380
popular by all

1727
01:44:31,380 --> 01:44:33,380
running over to Web2. And

1728
01:44:33,380 --> 01:44:35,380
catering to Web2.

1729
01:44:37,380 --> 01:44:39,380
Did Facebook

1730
01:44:39,380 --> 01:44:41,380
do that? Because Facebook,

1731
01:44:41,380 --> 01:44:43,380
in my opinion, really ushered in

1732
01:44:43,380 --> 01:44:45,380
Web3.

1733
01:44:45,380 --> 01:44:47,380
Did Facebook become successful by

1734
01:44:47,380 --> 01:44:49,380
running over and going on

1735
01:44:49,380 --> 01:44:51,380
MySpace, which was

1736
01:44:51,380 --> 01:44:53,380
the precursor?

1737
01:44:53,380 --> 01:44:55,380
And scraping

1738
01:44:55,380 --> 01:44:57,380
all the people off MySpace?

1739
01:44:57,380 --> 01:44:59,380
No.

1740
01:44:59,380 --> 01:45:01,380
So, MySpace was a Web1

1741
01:45:01,380 --> 01:45:03,380
version of Twitter

1742
01:45:03,380 --> 01:45:05,380
and Facebook, yet

1743
01:45:05,380 --> 01:45:07,380
Facebook became very popular,

1744
01:45:07,380 --> 01:45:09,380
Twitter became very popular, and they didn't go and

1745
01:45:09,380 --> 01:45:11,380
target MySpace.

1746
01:45:15,380 --> 01:45:17,380
Zuckerberg brought out a product and he just

1747
01:45:17,380 --> 01:45:19,380
targeted

1748
01:45:19,380 --> 01:45:21,380
college students. That's how

1749
01:45:21,380 --> 01:45:23,380
it initially started. I don't know what Twitter

1750
01:45:23,380 --> 01:45:25,380
did initially.

1751
01:45:25,380 --> 01:45:27,380
Did

1752
01:45:27,380 --> 01:45:29,380
YouTube go

1753
01:45:29,380 --> 01:45:31,380
and target the movie studios

1754
01:45:31,380 --> 01:45:33,380
and television studios and say,

1755
01:45:33,380 --> 01:45:35,380
hey, you got to put your stuff on here?

1756
01:45:35,380 --> 01:45:37,380
No.

1757
01:45:37,380 --> 01:45:39,380
What was YouTube?

1758
01:45:39,380 --> 01:45:41,380
Cat videos.

1759
01:45:41,380 --> 01:45:43,380
That's what

1760
01:45:43,380 --> 01:45:45,380
made YouTube successful.

1761
01:45:45,380 --> 01:45:47,380
Cat videos.

1762
01:45:47,380 --> 01:45:49,380
And then pirated content.

1763
01:45:49,380 --> 01:45:51,380
But,

1764
01:45:51,380 --> 01:45:53,380
but see, so,

1765
01:45:53,380 --> 01:45:55,380
suddenly now, the only way for Web3

1766
01:45:55,380 --> 01:45:57,380
to be successful, even though we've been doing it

1767
01:45:57,380 --> 01:45:59,380
on high for seven years, is everybody to run

1768
01:45:59,380 --> 01:46:01,380
to Web2 and try to tell these

1769
01:46:01,380 --> 01:46:03,380
people to come over here.

1770
01:46:03,380 --> 01:46:05,380
What is over here?

1771
01:46:05,380 --> 01:46:07,380
What are you promoting?

1772
01:46:07,380 --> 01:46:09,380
I've asked that question for seven years.

1773
01:46:11,380 --> 01:46:13,380
What are you going to promote? What's your service?

1774
01:46:13,380 --> 01:46:15,380
I mean, Brando said, if you go on Telegram,

1775
01:46:15,380 --> 01:46:17,380
there's a lot of stuff that's offering tokens

1776
01:46:17,380 --> 01:46:19,380
and incentivizing tokens.

1777
01:46:19,380 --> 01:46:21,380
So now we're all on

1778
01:46:21,380 --> 01:46:23,380
Leo, going to run over there just to be one

1779
01:46:23,380 --> 01:46:25,380
of millions to say,

1780
01:46:25,380 --> 01:46:27,380
here.

1781
01:46:27,380 --> 01:46:29,380
Oh, please take our token, too.

1782
01:46:29,380 --> 01:46:31,380
Build the features.

1783
01:46:31,380 --> 01:46:33,380
And in my opinion,

1784
01:46:33,380 --> 01:46:35,380
build the AI features.

1785
01:46:35,380 --> 01:46:37,380
Build the features.

1786
01:46:37,380 --> 01:46:39,380
Build the features.

1787
01:46:39,380 --> 01:46:41,380
Build the features.

1788
01:46:41,380 --> 01:46:43,380
Build the features.

1789
01:46:43,380 --> 01:46:45,380
And Khal is right.

1790
01:46:45,380 --> 01:46:47,380
He is the only one that I know

1791
01:46:47,380 --> 01:46:49,380
of that

1792
01:46:49,380 --> 01:46:51,380
is looking to actively

1793
01:46:51,380 --> 01:46:53,380
use the Hive database.

1794
01:46:55,380 --> 01:46:57,380
Well, yeah, that's true.

1795
01:46:57,380 --> 01:46:59,380
It did start as a dating site.

1796
01:46:59,380 --> 01:47:01,380
I was talking more when Google

1797
01:47:01,380 --> 01:47:03,380
got a hold of it.

1798
01:47:03,380 --> 01:47:05,380
But yeah, initially, that is

1799
01:47:05,380 --> 01:47:07,380
one of the nuances. It was

1800
01:47:07,380 --> 01:47:09,380
initially a dating site.

1801
01:47:11,380 --> 01:47:13,380
But Khal's the only one.

1802
01:47:13,380 --> 01:47:15,380
Leo is the only one that

1803
01:47:15,380 --> 01:47:17,380
I know of, and based on what you said

1804
01:47:17,380 --> 01:47:19,380
yesterday on the marketing call,

1805
01:47:19,380 --> 01:47:21,380
anybody he talked to at Hivefest,

1806
01:47:21,380 --> 01:47:23,380
nobody else is doing it.

1807
01:47:23,380 --> 01:47:25,380
Nobody else even

1808
01:47:25,380 --> 01:47:27,380
mentioned AI.

1809
01:47:27,380 --> 01:47:29,380
We're closing out the end of 2024,

1810
01:47:29,380 --> 01:47:31,380
and I think

1811
01:47:31,380 --> 01:47:33,380
most everybody in this Threadcast

1812
01:47:33,380 --> 01:47:35,380
is, because I've seen you, you've used

1813
01:47:37,380 --> 01:47:39,380
a bot, you used

1814
01:47:39,380 --> 01:47:41,380
an image generator, you used

1815
01:47:41,380 --> 01:47:43,380
something.

1816
01:47:43,380 --> 01:47:45,380
And nobody on Hive has talked about AI.

1817
01:47:45,380 --> 01:47:47,380
Where do you think that's

1818
01:47:47,380 --> 01:47:49,380
going to put these applications in a year

1819
01:47:49,380 --> 01:47:51,380
or two? Do you think

1820
01:47:51,380 --> 01:47:53,380
anybody's going to use that stuff without

1821
01:47:53,380 --> 01:47:55,380
any AI? And I know some

1822
01:47:55,380 --> 01:47:57,380
PTs had a few AI stuff,

1823
01:47:57,380 --> 01:47:59,380
but really, unless

1824
01:47:59,380 --> 01:48:01,380
you're dealing with a full-blown chatbot,

1825
01:48:01,380 --> 01:48:03,380
unless you're dealing with full-blown image

1826
01:48:03,380 --> 01:48:05,380
generators, unless you're dealing with AI

1827
01:48:05,380 --> 01:48:07,380
tools right on your platform, is

1828
01:48:07,380 --> 01:48:09,380
anybody seriously going to use you, you think,

1829
01:48:09,380 --> 01:48:11,380
in a year or two?

1830
01:48:13,380 --> 01:48:15,380
Now,

1831
01:48:15,380 --> 01:48:17,380
we have no control over what's designed,

1832
01:48:17,380 --> 01:48:19,380
but we do have control over what

1833
01:48:19,380 --> 01:48:21,380
goes in.

1834
01:48:25,380 --> 01:48:27,380
So,

1835
01:48:29,380 --> 01:48:31,380
well, another

1836
01:48:31,380 --> 01:48:33,380
change, here's Brando again, another change that makes it

1837
01:48:33,380 --> 01:48:35,380
super easy for newbies, Web 2 people,

1838
01:48:35,380 --> 01:48:37,380
is onboard Web 3 is Solana.

1839
01:48:37,380 --> 01:48:39,380
So you're going to Web 2 to try to get to Web 3.

1840
01:48:39,380 --> 01:48:41,380
Their wallets and apps are spot-on, easy

1841
01:48:41,380 --> 01:48:43,380
to use, and change super fast, and fees are cheap.

1842
01:48:43,380 --> 01:48:45,380
Well, fees mean

1843
01:48:45,380 --> 01:48:47,380
no social media.

1844
01:48:49,380 --> 01:48:51,380
Because people aren't going to pay a fee to give an

1845
01:48:51,380 --> 01:48:53,380
upvote. People aren't going to pay a fee

1846
01:48:53,380 --> 01:48:55,380
to leave a comment.

1847
01:48:55,380 --> 01:48:57,380
People aren't going to pay a fee to LOL.

1848
01:48:57,380 --> 01:48:59,380
And people aren't

1849
01:48:59,380 --> 01:49:01,380
going to wait for the wallet to process

1850
01:49:01,380 --> 01:49:03,380
that fee to do it.

1851
01:49:03,380 --> 01:49:05,380
Now you're stuck in the financial end

1852
01:49:05,380 --> 01:49:07,380
things. That's why we haven't seen social

1853
01:49:07,380 --> 01:49:09,380
media apps take off.

1854
01:49:09,380 --> 01:49:11,380
And as I said,

1855
01:49:11,380 --> 01:49:13,380
social media apps in and of themselves

1856
01:49:13,380 --> 01:49:15,380
are going to be problematic

1857
01:49:15,380 --> 01:49:17,380
because as

1858
01:49:17,380 --> 01:49:19,380
the owners, again, there's

1859
01:49:19,380 --> 01:49:21,380
that word, owner, not users,

1860
01:49:21,380 --> 01:49:23,380
owners feed

1861
01:49:23,380 --> 01:49:25,380
in to the data.

1862
01:49:25,380 --> 01:49:27,380
That's the

1863
01:49:27,380 --> 01:49:29,380
key. Look at that data feedback.

1864
01:49:29,380 --> 01:49:31,380
Show me a

1865
01:49:31,380 --> 01:49:33,380
social media platform that

1866
01:49:33,380 --> 01:49:35,380
is not doing that. Go pull up

1867
01:49:35,380 --> 01:49:37,380
the image that I generated.

1868
01:49:39,380 --> 01:49:41,380
Look at every social media platform

1869
01:49:41,380 --> 01:49:43,380
out there. They're all doing that same thing.

1870
01:49:43,380 --> 01:49:45,380
And why?

1871
01:49:45,380 --> 01:49:47,380
What does Google have?

1872
01:49:47,380 --> 01:49:49,380
What does Meta have?

1873
01:49:49,380 --> 01:49:51,380
What does XAI have?

1874
01:49:51,380 --> 01:49:53,380
They all have large language

1875
01:49:53,380 --> 01:49:55,380
models.

1876
01:49:55,380 --> 01:49:57,380
And they're feeding it in.

1877
01:49:57,380 --> 01:49:59,380
And they want to feed

1878
01:49:59,380 --> 01:50:01,380
more and more data.

1879
01:50:01,380 --> 01:50:03,380
And you notice those three aren't getting their asses

1880
01:50:03,380 --> 01:50:05,380
sued for data infringement.

1881
01:50:05,380 --> 01:50:07,380
I mean,

1882
01:50:07,380 --> 01:50:09,380
Musk is getting picked on for

1883
01:50:09,380 --> 01:50:11,380
and I guess

1884
01:50:11,380 --> 01:50:13,380
Google is getting their crosshairs

1885
01:50:13,380 --> 01:50:15,380
over

1886
01:50:15,380 --> 01:50:17,380
the privacy issue by the regulators

1887
01:50:17,380 --> 01:50:19,380
in the EU. But they're not being

1888
01:50:19,380 --> 01:50:21,380
sued by these other publishers.

1889
01:50:21,380 --> 01:50:23,380
Why? Because they have their own

1890
01:50:23,380 --> 01:50:25,380
data.

1891
01:50:25,380 --> 01:50:27,380
And it's kind of hard to

1892
01:50:27,380 --> 01:50:29,380
say to Zuckerberg,

1893
01:50:29,380 --> 01:50:31,380
you trained your large language model

1894
01:50:31,380 --> 01:50:33,380
on my data

1895
01:50:33,380 --> 01:50:35,380
when he has Facebook.

1896
01:50:35,380 --> 01:50:37,380
And he has who knows how

1897
01:50:37,380 --> 01:50:39,380
many trillions of

1898
01:50:39,380 --> 01:50:41,380
tokens and data. It's like, what are you

1899
01:50:41,380 --> 01:50:43,380
kidding me? You posted your

1900
01:50:43,380 --> 01:50:45,380
own stuff on my Facebook page.

1901
01:50:45,380 --> 01:50:47,380
My Facebook servers.

1902
01:50:47,380 --> 01:50:49,380
So,

1903
01:50:49,380 --> 01:50:51,380
that's the advantage we have.

1904
01:50:53,380 --> 01:50:55,380
Ahmad's not worried about

1905
01:50:55,380 --> 01:50:57,380
other Hive interfaces. They have their

1906
01:50:57,380 --> 01:50:59,380
own roadmaps. They want to compete. They have enough

1907
01:50:59,380 --> 01:51:01,380
resources to find their way. I don't know what

1908
01:51:01,380 --> 01:51:03,380
resources they have, honestly.

1909
01:51:03,380 --> 01:51:05,380
But

1910
01:51:05,380 --> 01:51:07,380
yeah, I'm not really worried about

1911
01:51:07,380 --> 01:51:09,380
them either, Ahmad. I'm just

1912
01:51:09,380 --> 01:51:11,380
I'm all in on Leo.

1913
01:51:11,380 --> 01:51:13,380
Um

1914
01:51:13,380 --> 01:51:15,380
so

1915
01:51:15,380 --> 01:51:17,380
Leo has an AI

1916
01:51:17,380 --> 01:51:19,380
platform. That's all

1917
01:51:19,380 --> 01:51:21,380
you need to know.

1918
01:51:21,380 --> 01:51:23,380
Because that positions it exactly

1919
01:51:23,380 --> 01:51:25,380
where things are going. And if

1920
01:51:25,380 --> 01:51:27,380
everything ties into that and everybody

1921
01:51:27,380 --> 01:51:29,380
focuses upon that and what's

1922
01:51:29,380 --> 01:51:31,380
needed, what features are needed

1923
01:51:31,380 --> 01:51:33,380
to create more data or what features

1924
01:51:33,380 --> 01:51:35,380
are needed to generate

1925
01:51:35,380 --> 01:51:37,380
AI features that can create more data,

1926
01:51:37,380 --> 01:51:39,380
then you got the feedback loop

1927
01:51:39,380 --> 01:51:41,380
and we already have the monetization

1928
01:51:41,380 --> 01:51:43,380
factor in play.

1929
01:51:43,380 --> 01:51:45,380
It's already been designed. The tokenomics

1930
01:51:45,380 --> 01:51:47,380
are there. The Leo premium's there. The ad revenue

1931
01:51:47,380 --> 01:51:49,380
has at least

1932
01:51:49,380 --> 01:51:51,380
been designed. They're working on the platform.

1933
01:51:51,380 --> 01:51:53,380
And oh, by the way, all of

1934
01:51:53,380 --> 01:51:55,380
this starts to feed in more because you can

1935
01:51:55,380 --> 01:51:57,380
as more people use Leo

1936
01:51:57,380 --> 01:51:59,380
chat or whatever the heck it would be called,

1937
01:51:59,380 --> 01:52:01,380
guess what? That's clicks.

1938
01:52:01,380 --> 01:52:03,380
That's time on site. That's page views.

1939
01:52:03,380 --> 01:52:05,380
That's ads.

1940
01:52:05,380 --> 01:52:07,380
It all feeds into the same thing.

1941
01:52:13,380 --> 01:52:15,380
MoreTea

1942
01:52:15,380 --> 01:52:17,380
with an interesting question.

1943
01:52:17,380 --> 01:52:19,380
Do we have to subscribe to Task

1944
01:52:19,380 --> 01:52:21,380
next week when the only

1945
01:52:21,380 --> 01:52:23,380
Leo feature goes live

1946
01:52:23,380 --> 01:52:25,380
to keep on seeing and listening? What are your

1947
01:52:25,380 --> 01:52:27,380
plans? Well, no. The lion's den

1948
01:52:27,380 --> 01:52:29,380
is, this is an extension of

1949
01:52:29,380 --> 01:52:31,380
town hall. So this, well

1950
01:52:31,380 --> 01:52:33,380
obviously, hell, it's on spaces so

1951
01:52:33,380 --> 01:52:35,380
it's not even lockdownable.

1952
01:52:35,380 --> 01:52:37,380
But I don't know what

1953
01:52:37,380 --> 01:52:39,380
I'm going to do with that.

1954
01:52:39,380 --> 01:52:41,380
Um

1955
01:52:41,380 --> 01:52:43,380
MoreTea?

1956
01:52:43,380 --> 01:52:45,380
Because

1957
01:52:45,380 --> 01:52:47,380
I don't know where to focus.

1958
01:52:49,380 --> 01:52:51,380
Something I'd have to think about.

1959
01:52:51,380 --> 01:52:53,380
I haven't given it a great thought.

1960
01:52:53,380 --> 01:52:55,380
I think as a feature

1961
01:52:55,380 --> 01:52:57,380
it's great to add it. I don't know

1962
01:52:57,380 --> 01:52:59,380
how much value

1963
01:52:59,380 --> 01:53:01,380
the subscription will have in the

1964
01:53:01,380 --> 01:53:03,380
early phases for Leo.

1965
01:53:05,380 --> 01:53:07,380
I don't think it really fits with our

1966
01:53:07,380 --> 01:53:09,380
user base right now.

1967
01:53:09,380 --> 01:53:11,380
But

1968
01:53:11,380 --> 01:53:13,380
I can see why it was implemented.

1969
01:53:13,380 --> 01:53:15,380
The development was obviously there.

1970
01:53:15,380 --> 01:53:17,380
It was done. They could knock it off the list.

1971
01:53:17,380 --> 01:53:19,380
And I think long term it's a feature

1972
01:53:19,380 --> 01:53:21,380
you want to have. I think

1973
01:53:21,380 --> 01:53:23,380
it's a feature that's necessary.

1974
01:53:23,380 --> 01:53:25,380
And it does change the talking points

1975
01:53:25,380 --> 01:53:27,380
a little bit to different monetization

1976
01:53:27,380 --> 01:53:29,380
methods. Nothing wrong with that.

1977
01:53:29,380 --> 01:53:31,380
It is another potential

1978
01:53:31,380 --> 01:53:33,380
revenue stream for Leo. Nothing wrong

1979
01:53:33,380 --> 01:53:35,380
with that.

1980
01:53:35,380 --> 01:53:37,380
Um

1981
01:53:37,380 --> 01:53:39,380
But

1982
01:53:39,380 --> 01:53:41,380
you know, how I can use it

1983
01:53:41,380 --> 01:53:43,380
I

1984
01:53:43,380 --> 01:53:45,380
I don't know at this point.

1985
01:53:45,380 --> 01:53:47,380
I don't know what I want to focus on.

1986
01:53:47,380 --> 01:53:49,380
I certainly could.

1987
01:53:49,380 --> 01:53:51,380
I have longer term

1988
01:53:51,380 --> 01:53:53,380
plans with it.

1989
01:53:53,380 --> 01:53:55,380
And I do have a vision that I've talked about

1990
01:53:55,380 --> 01:53:57,380
with others

1991
01:53:57,380 --> 01:53:59,380
about a business that certainly

1992
01:53:59,380 --> 01:54:01,380
can use that.

1993
01:54:01,380 --> 01:54:03,380
And when I see a longer vision

1994
01:54:03,380 --> 01:54:05,380
probably two years.

1995
01:54:05,380 --> 01:54:07,380
And it's not so much contingent upon

1996
01:54:07,380 --> 01:54:09,380
Leo. It's more contingent upon

1997
01:54:09,380 --> 01:54:11,380
what's going on in the AI world

1998
01:54:11,380 --> 01:54:13,380
and the advancement there.

1999
01:54:13,380 --> 01:54:15,380
But based upon that

2000
01:54:15,380 --> 01:54:17,380
I think there is

2001
01:54:17,380 --> 01:54:19,380
the possibility

2002
01:54:19,380 --> 01:54:21,380
of a decent business that can

2003
01:54:21,380 --> 01:54:23,380
put out a product that I think

2004
01:54:23,380 --> 01:54:25,380
people on Leo would

2005
01:54:25,380 --> 01:54:27,380
pay for and enjoy.

2006
01:54:27,380 --> 01:54:29,380
And

2007
01:54:29,380 --> 01:54:31,380
give them access to something

2008
01:54:31,380 --> 01:54:33,380
that could be

2009
01:54:33,380 --> 01:54:35,380
monetized. Could provide

2010
01:54:35,380 --> 01:54:37,380
them with entertainment if you will.

2011
01:54:37,380 --> 01:54:39,380
Could provide them with information.

2012
01:54:39,380 --> 01:54:41,380
But

2013
01:54:41,380 --> 01:54:43,380
AI technology

2014
01:54:43,380 --> 01:54:45,380
is not there.

2015
01:54:45,380 --> 01:54:47,380
Can't do anything with it at this point

2016
01:54:47,380 --> 01:54:49,380
other than just keep planning it and

2017
01:54:49,380 --> 01:54:51,380
keep laying the groundwork.

2018
01:54:51,380 --> 01:54:53,380
So I do think there is a lot of

2019
01:54:53,380 --> 01:54:55,380
potential with this subscription if people are

2020
01:54:55,380 --> 01:54:57,380
innovative and creative and try to think of ways

2021
01:54:57,380 --> 01:54:59,380
to build a business

2022
01:54:59,380 --> 01:55:01,380
around it.

2023
01:55:03,380 --> 01:55:05,380
I don't know how many people are going to

2024
01:55:05,380 --> 01:55:07,380
especially with our user base.

2025
01:55:09,380 --> 01:55:11,380
We'll see.

2026
01:55:11,380 --> 01:55:13,380
Outside of that for me personally

2027
01:55:13,380 --> 01:55:15,380
I don't know.

2028
01:55:19,380 --> 01:55:21,380
I mean I certainly could

2029
01:55:21,380 --> 01:55:23,380
put up

2030
01:55:23,380 --> 01:55:25,380
stuff that I could put

2031
01:55:25,380 --> 01:55:27,380
behind the paywall.

2032
01:55:27,380 --> 01:55:29,380
But my question is A do I want to do that?

2033
01:55:29,380 --> 01:55:31,380
No.

2034
01:55:31,380 --> 01:55:33,380
Because what ends up

2035
01:55:33,380 --> 01:55:35,380
happening if you have a paywall

2036
01:55:35,380 --> 01:55:37,380
is then I'm

2037
01:55:37,380 --> 01:55:39,380
committed to two articles a week.

2038
01:55:39,380 --> 01:55:41,380
Or three articles a week.

2039
01:55:41,380 --> 01:55:43,380
Or whatever it is.

2040
01:55:43,380 --> 01:55:45,380
Because if somebody's paying you've got to deliver.

2041
01:55:45,380 --> 01:55:47,380
And you've got to deliver on the schedule

2042
01:55:47,380 --> 01:55:49,380
you set.

2043
01:55:49,380 --> 01:55:51,380
And if you don't

2044
01:55:51,380 --> 01:55:53,380
well then

2045
01:55:53,380 --> 01:55:55,380
there goes your rotation.

2046
01:55:55,380 --> 01:55:57,380
You can't go three weeks without posting.

2047
01:55:57,380 --> 01:55:59,380
Now I obviously post everyday on Hive

2048
01:55:59,380 --> 01:56:01,380
so my question is do I have the time?

2049
01:56:01,380 --> 01:56:03,380
And I've made

2050
01:56:03,380 --> 01:56:05,380
the commitment

2051
01:56:05,380 --> 01:56:07,380
to different groups

2052
01:56:07,380 --> 01:56:09,380
at different times to post once a week

2053
01:56:09,380 --> 01:56:11,380
on their behalf.

2054
01:56:11,380 --> 01:56:13,380
And it was a

2055
01:56:13,380 --> 01:56:15,380
different

2056
01:56:15,380 --> 01:56:17,380
form of

2057
01:56:17,380 --> 01:56:19,380
responsibility.

2058
01:56:19,380 --> 01:56:21,380
Because now I'm committed to somebody else.

2059
01:56:21,380 --> 01:56:23,380
And even though

2060
01:56:23,380 --> 01:56:25,380
I do it every day

2061
01:56:25,380 --> 01:56:27,380
I mean

2062
01:56:27,380 --> 01:56:29,380
you're adding another layer.

2063
01:56:29,380 --> 01:56:31,380
So

2064
01:56:31,380 --> 01:56:33,380
it'll be interesting

2065
01:56:33,380 --> 01:56:35,380
to see what people do

2066
01:56:35,380 --> 01:56:37,380
and how many people jump on board.

2067
01:56:37,380 --> 01:56:39,380
But

2068
01:56:39,380 --> 01:56:41,380
you know if you have paying subscribers

2069
01:56:41,380 --> 01:56:43,380
you've got to deliver.

2070
01:56:43,380 --> 01:56:45,380
And if you say you're going to deliver

2071
01:56:45,380 --> 01:56:47,380
two articles a week

2072
01:56:47,380 --> 01:56:49,380
and so that's

2073
01:56:49,380 --> 01:56:51,380
eight or ten articles a month

2074
01:56:51,380 --> 01:56:53,380
for their

2075
01:56:53,380 --> 01:56:55,380
X number of HBD

2076
01:56:55,380 --> 01:56:57,380
5XVD, 10XVD, whatever it is

2077
01:56:57,380 --> 01:56:59,380
and you don't post for two weeks

2078
01:56:59,380 --> 01:57:01,380
you've got

2079
01:57:01,380 --> 01:57:03,380
problems.

2080
01:57:07,380 --> 01:57:09,380
Ahmad

2081
01:57:09,380 --> 01:57:11,380
it's great if

2082
01:57:11,380 --> 01:57:13,380
it's out sooner rather than later.

2083
01:57:13,380 --> 01:57:15,380
It's just existence is a strong point

2084
01:57:15,380 --> 01:57:17,380
for InLeo to boast about.

2085
01:57:17,380 --> 01:57:19,380
Yeah I agree. And it's supposedly

2086
01:57:19,380 --> 01:57:21,380
the target is next week, Ahmad.

2087
01:57:21,380 --> 01:57:23,380
So

2088
01:57:23,380 --> 01:57:25,380
you know it's either next week

2089
01:57:25,380 --> 01:57:27,380
or the week after. It doesn't sound like they're too far away.

2090
01:57:27,380 --> 01:57:29,380
Maybe a few

2091
01:57:29,380 --> 01:57:31,380
bugs left to work out. So it'll be out.

2092
01:57:31,380 --> 01:57:33,380
I agree with you.

2093
01:57:33,380 --> 01:57:35,380
I think long term it's a great thing

2094
01:57:35,380 --> 01:57:37,380
to have. I don't know if it's a necessary feature

2095
01:57:37,380 --> 01:57:39,380
right now. But having

2096
01:57:39,380 --> 01:57:41,380
the feature right now is

2097
01:57:41,380 --> 01:57:43,380
still something to talk about. Some people

2098
01:57:43,380 --> 01:57:45,380
may use. And

2099
01:57:45,380 --> 01:57:47,380
the great thing about it is if somebody gets

2100
01:57:47,380 --> 01:57:49,380
an idea that works, other people copy it.

2101
01:57:49,380 --> 01:57:51,380
You know we're in a monkey see monkey do work.

2102
01:57:51,380 --> 01:57:53,380
And there's nothing wrong with that.

2103
01:57:53,380 --> 01:57:55,380
So if somebody does get innovative

2104
01:57:55,380 --> 01:57:57,380
and creative and does something with

2105
01:57:57,380 --> 01:57:59,380
that, jump on board.

2106
01:58:01,380 --> 01:58:03,380
Jump on board.

2107
01:58:03,380 --> 01:58:05,380
And try it.

2108
01:58:05,380 --> 01:58:07,380
But I think that's going to be

2109
01:58:07,380 --> 01:58:09,380
the key is people experimenting

2110
01:58:09,380 --> 01:58:11,380
and innovating and trying this stuff

2111
01:58:11,380 --> 01:58:13,380
and you need

2112
01:58:13,380 --> 01:58:15,380
a lot of people doing that.

2113
01:58:15,380 --> 01:58:17,380
And I don't know

2114
01:58:17,380 --> 01:58:19,380
I don't know if the base is

2115
01:58:19,380 --> 01:58:21,380
there

2116
01:58:23,380 --> 01:58:25,380
to do it.

2117
01:58:27,380 --> 01:58:29,380
I'll say if he's going to use it

2118
01:58:29,380 --> 01:58:31,380
he'll probably make a donation just to

2119
01:58:31,380 --> 01:58:33,380
people. Yeah I mean

2120
01:58:33,380 --> 01:58:35,380
that's

2121
01:58:41,380 --> 01:58:45,380
that's a good point.

2122
01:58:45,380 --> 01:58:47,380
All right.

2123
01:58:47,380 --> 01:58:49,380
I missed this. Step one make your

2124
01:58:49,380 --> 01:58:51,380
terms of service too long for people to

2125
01:58:51,380 --> 01:58:53,380
read. Step two put every shield possible

2126
01:58:53,380 --> 01:58:55,380
when you want to use people's data

2127
01:58:55,380 --> 01:58:57,380
for your projects without asking permission.

2128
01:58:57,380 --> 01:58:59,380
You already got that with step one.

2129
01:58:59,380 --> 01:59:01,380
Step three profit.

2130
01:59:01,380 --> 01:59:03,380
Yeah.

2131
01:59:03,380 --> 01:59:05,380
Bradley said

2132
01:59:05,380 --> 01:59:07,380
creator subscriptions will be awesome

2133
01:59:07,380 --> 01:59:09,380
for NSW.

2134
01:59:09,380 --> 01:59:11,380
Yeah I agree with that but

2135
01:59:11,380 --> 01:59:13,380
you know Khal disagreed because he

2136
01:59:13,380 --> 01:59:15,380
has a mindset and it you know

2137
01:59:15,380 --> 01:59:17,380
can't get through to him sometimes.

2138
01:59:17,380 --> 01:59:19,380
There should be a free

2139
01:59:19,380 --> 01:59:21,380
option for the creators

2140
01:59:21,380 --> 01:59:23,380
subscriptions. He said well that

2141
01:59:23,380 --> 01:59:25,380
goes against subscriptions. No it doesn't.

2142
01:59:25,380 --> 01:59:27,380
You can still have a subscription that people

2143
01:59:27,380 --> 01:59:29,380
pay for if you're putting up content.

2144
01:59:29,380 --> 01:59:31,380
But if Bradley wants to put up NSFW

2145
01:59:31,380 --> 01:59:33,380
content

2146
01:59:33,380 --> 01:59:35,380
you know and I understand that

2147
01:59:35,380 --> 01:59:37,380
you know eventually you might have

2148
01:59:37,380 --> 01:59:39,380
the tag but people are going to put shit up

2149
01:59:39,380 --> 01:59:41,380
without the tag. But here's the situation

2150
01:59:41,380 --> 01:59:43,380
where if Bradley wanted to post that stuff

2151
01:59:43,380 --> 01:59:45,380
he could set up a feed where it's a

2152
01:59:45,380 --> 01:59:47,380
subscription where I have

2153
01:59:47,380 --> 01:59:49,380
to subscribe to his feed of

2154
01:59:49,380 --> 01:59:51,380
his NSFW content

2155
01:59:51,380 --> 01:59:53,380
and so now his stuff is hidden.

2156
01:59:53,380 --> 01:59:55,380
It's not behind a paywall

2157
01:59:55,380 --> 01:59:57,380
it's just hidden. So

2158
01:59:57,380 --> 01:59:59,380
not every Tom, Dick and Harry can see it.

2159
01:59:59,380 --> 02:00:01,380
If you want to see it you have to

2160
02:00:01,380 --> 02:00:03,380
physically subscribe to

2161
02:00:03,380 --> 02:00:05,380
Bradley's

2162
02:00:05,380 --> 02:00:07,380
subscription.

2163
02:00:07,380 --> 02:00:09,380
And I'm not saying Bradley

2164
02:00:09,380 --> 02:00:11,380
will set up one of them. He just

2165
02:00:11,380 --> 02:00:13,380
kind of was joking

2166
02:00:13,380 --> 02:00:15,380
but that's the point.

2167
02:00:15,380 --> 02:00:17,380
But

2168
02:00:17,380 --> 02:00:19,380
we'll see.

2169
02:00:19,380 --> 02:00:21,380
You know maybe you'll get

2170
02:00:21,380 --> 02:00:23,380
some OnlyFans people coming over. Hell

2171
02:00:23,380 --> 02:00:25,380
I don't know. I never

2172
02:00:25,380 --> 02:00:27,380
understood OnlyFans anyway.

2173
02:00:27,380 --> 02:00:29,380
But they were wildly

2174
02:00:29,380 --> 02:00:31,380
successful for a while and I guess

2175
02:00:31,380 --> 02:00:33,380
they still are. I don't know.

2176
02:00:33,380 --> 02:00:35,380
But

2177
02:00:35,380 --> 02:00:37,380
anyway

2178
02:00:39,380 --> 02:00:41,060
with that

2179
02:00:41,380 --> 02:00:43,380
we will end this and

2180
02:00:43,380 --> 02:00:45,380
we will be around next week.

2181
02:00:45,380 --> 02:00:47,380
So hopefully the latest feed

2182
02:00:47,380 --> 02:00:49,380
is up and working and everything's worked out

2183
02:00:49,380 --> 02:00:51,380
and hope everybody has a

2184
02:00:51,380 --> 02:00:53,380
great day.