fbpx

The following video transcript is generated automatically by a computer algorithm that learns and gets better on a daily basis. Please accept our apologies if some content below doesn’t make sense:

Talking about brilliant ideas or maybe crazy ideas that require NDIS, something which happened this week, Elon Musk and his company Link had a demonstration of how far they’ve gotten in the last year or so. They did a presentation about a year ago where they introduce the product or the idea. And this company is a company that’s doing a brain computer interface effectively. So it’s a while. The full factor that they’re going for is a kind of implant or a chip that they’re going to put into your head with little sort of nanowires that go into your brain. And the idea is, is this chip will be able to send them, receive messages to and from your brain matter to help with things like medical diagnoses and sort of controlling neurological medical problems and also sort of more esoteric things like being able to, you know, control things with your thoughts and doing things like that. And they demonstrated this with some animal surrogates. So they had some pigs, which they sort of implanted. The latest version of their product. And they were showing how the product can pick up the brainwaves when the pigs were snuffling around, when it found food, when it hadn’t found food and and things like that. And obviously, there are various sort of like pros and cons of this approach. And people had some concerns about the use of animals. People had concerns about, you know, how you’re going to be able to safely implant and remove this in future. There was sort of some criticisms from some people, some neurologists, in terms of what the actual tech, you know, what the capabilities of the tech may be in future. They’ve obviously sort of done some impressive engineering to get to where they are. But you know how how far this kind of thing can go. What what was your thoughts on the on the presentation, on other products?

Yeah, I’m looking forward to the book, one of those tips. So, yeah, I think it’s it’s great. I think we need more of those chops. We talked before on previous podcasts that those guys, you know, with I think he’s now the top five richest person in the world. Like worth a hundred billion. So he should put those massive resources towards innovation. I’m not sure how far he would go with this, but I think. Originally, he wanted to do it. He was very outspoken on the dangers of A.I. and there are many dangers.

So there was a danger of A.I. supergiant oceans outpacing humans and therefore getting rid of them because they were a threat.

Or that’s more like apocalyptic on a less intuitive but another risk, which is, I think, very a fair risk, is that if they’re if someone builds a very sophisticated A.I., it will have like concentrated power, let’s say, a government or like a Google or what whoever does like a selected group of people that, you know, somehow do a breakthrough and they can start trading in a stock market or due to indecent that done influencing people. So that that could be a problem. So initially, he was an open eye trying to decentralise that concentration of power. And now with this, he’s basically trying to take a shortcut. I think he is he now realised about this backlash, PR backlash or, you know, that is common.

So he’s saying conveniently that they are objective or the problem to solve these allied severe medical issues or important, make our problems something like health problems. Which is fine. And it’s very noble pursuit. So even if they just accomplish that, it will be great. But I don’t think they will stop there. I don’t think he built the company for that alone, which is more inspiring at the same time. So definitely he wants to go beyond that. He wants to enhance humans. He wants to accelerate the path towards artificial intelligence as well. And I think it’s I mean, I think it’s inevitable, I put it that way. So also, I’d. So given. If you think it’s inevitable, because if you think you see this session, we could grow into as well. So at some point it will happen. So our rather have someone like Elan desaturate trying to market democratise and make it accessible as well. So he was asked in the Lifestream, you know, how much we cost. And he’s really trying to bring down the cost. Also on the risks on on the surgery day, there are not only they build these coincides to which they improved dramatically from last year as well. So they do care about aesthetics and how it integrates with the body and they will keep improving that. But they also build that robot for the surgery.

So everyone can help. So. So that will reduce the cost due to automation and everyone can get the same treatment, which is, I think, fair enough. So he said that he was confident that the cost could drop to a few thousand dollars. So that’s comparable to some Apple products like consumer goods. So Anapolis, if you think I believe the largest company in the world does because many people buy the products.

So I would rather buy an enhancement like to communicate with computers directly than an iPhone. I think you will you will need any more iPhone or like P.c.

I don’t know. So, yeah, I think it’s it’s great. I think we need. I don’t think that will be the only company trying to do the same. So you will inspire, you know, our new branch of research and science. Yeah. With regards to animal protection. Yeah. They’re trying to do the right thing.

And he also put it he put the three little pigs actually, as he called it, too, so he can show they were in good health. And, you know, science has been progressing over the years, trying first with animals like mouses and so on. So myself. So, yeah, I think that’s natural.

Yeah. So as long as they are not, I think other industries are treating us the worst. So yes. I think also they are trying to do the right thing.

They are being very we were talking before about the NDA. So there they are. He took the same approach with test as well. But they take these very. Public high profile approach. And I think that benefits the whole ecosystem a lot. They show a decent amount of details on how they are doing. What are the plans and all the technology behind all their efforts? And I think that’s very important because usually those kind of companies to try to protect their patents as much as possible and then go take charge as much as possible as well. They want to maximise profits and shareholder value. I don’t think is what he’s looking for. I think it’s a great, great venture.

I’m highly supportive. And yeah, I’m impressed as well. But I think it’s still early stage. Once you are showing how I was impressed, how small the device was, I think that was important.

But then. Yeah. I mean, you can’t they could get some data, but they’re a long way into making a breakthrough on having any practical implementation yet. So I think other type of nonintrusive devices can get the same or more accurate data from the brain activity. Now, those helmets, they were full of wires they put on you.

So it’s not as aesthetic, but the science was there. So now the challenge would be how that probably connects, how you interpret that data and how can you manipulate that. Now, parts of the body to restore like movement or whatever. If they get there, it will be that that will be a great victory for everyone. Yeah. Human dataset.

Yeah, I think I mean, even like I don’t have an opinion on the approach because I don’t know anywhere near enough about, you know, neurology or any of that kind of stuff to be able to comment on their particular engineering approach or the angle they’re coming at it from. But I think that I think that’s almost unimportant because, you know, he’s or they as a company, you know, are not doing this just because they’ve sort of woken up one day with a sort of a crazy dream about, you know, the way they’re going to do it. They’re you know, they’re engineers, they’re scientists. So they’ve got an approach. And but the most important thing, I think, is that they are trying to commercialise the science, meaning that even if, you know, this is this is the equivalent of the MVP of your own products, if you’re starting a company, it’s like, okay, what’s the simplest useful thing that we can bring to the market? Because then the market forces will then help iterate and improve. And, you know, take this from something that’s very simple and very low fidelity up over time. You know, that, you know, once this starts generating revenue, when it starts producing results, when competition comes into the market, when more research and development dollars come into the market, then we can be able to Persian and, you know, iterates was a much better investment, better thing. I think the way to think of it is as at the moment. The implementation. If you compare it to cameras, for example, you know, when cameras first started, you know, when the first camera was invented, ends of the eighteen hundreds or whatever it was, you know, it was like a pinhole, you know, in the front of a very dark box on some film. And you could sort of just about make out some black and white blurry something, maybe to the point now where, you know, you’ve got digital cameras which can take a giga pixel or péter pixel images of, you know, entire cities down to like the craziest, lowest extremity. And that is all being driven by, you know, each stage has been useful. People want to the output of that technology at each stage is been commercially viable. People have been willing to pay money for it. And it’s that interest in the market and the profit that’s been available in the market does sort of driven the thing. And so all it what it requires is someone to sit there and to take the initial practical engineering investment of saying, OK, wait, would we think this thing should, would and should exist? There’s a little sort of bump you’ve got to get over to get it into the market in the first place. And we’re willing to do that because the opportunities for us as a business is that, you know, it’s a platform play right in the same way as we’ve been talking about vertical integration of all of these companies. And as you mentioned, with Apple, it’s like if you own the technology or if you’ve if you’re ahead of the competition in terms of producing technology, which is a platform for a whole host of other businesses and opportunities to occur. So if you’re Apple on the iPhone, you can charge your 30 percent tax for everything that goes with the iPhone. If your neuro link and you’ve got that down, then you can, you know, presumably charge some sort of platform tax for everything which gets done on that platform, be it medical, be it business, be it whatever it might be. And so it kind of it makes us debate. So, yeah, I’m very interested. It seems to me like it’s, you know, early stages. I’m with all this kind of stuff. But yeah, they’re showing progress and stuff happening. You know, he he he wouldn’t be in it if he didn’t think that there was a path to, you know, some glorious future down the way where, you know, yo, yo, you land on Mars, then you got to sort of create a control, a mind control, a fleet of tunnelling robots to sort of build underground cities on Mars, which I’m pretty sure which is where he’s going with all this.

Yeah, yeah. He feels very frustrated because he’s very plonking on these are on there.

They’re very limited bandwidth we have currently with computers.

So you are limited by the speed of your fingers basically onto how to type or maybe. Yes, speech recognition is not as efficient yet. So if you can control lie wirelessly your faults directly between you and humans or especially to machine.

Yeah, I mean, definitely there is a very useful case for that.

So they don’t need to test the market for that is just increasing bandwidth. It’s it’s a natural step. It needs to be done. Yeah. And hopefully it’s done. Yeah. Inclusively like you make your own explorer as many people as possible. So I think if if if someone can do that is key is one of these personalities that can combine the technical expertise and have enough money. So just to don’t care about their you know, he doesn’t need to respond to shareholders. It’s not a CEO. He’s an inventor or entrepreneur. So, yeah, he’s doing cool stuff for for humanity. I think so. Yeah. Kudos on a non a modern day Edison. Yeah. Yeah, probably. But in contrast to every son who profited a lot from patents such. So he made scheiße notary public even with Tesla. So and also he’s trying to have like a practical impact on the global scale and even at our race scale, going to other planets and so on. Brilliant guy. Yeah, I think he should not lose his mind. Moving forward, Keeghan, the main problem. Too crazy, but so far, so good. Yeah, keep going.

So as a as a throwback to our previous conversation that he’s confident that a side company can now execute the competition and doesn’t have a need to protect his ideas.

Also, he was saying, like Gundy’s MBP, as you said. So it’s all there.

Nanowires were like 100 times better than any other comparable product out there. So he just go. He Chriqui knows that the crunch exists, but goes on create something a hundred times better. And then the next version is like 50 or 100 times better than that. So that’s how you get ahead of competitors as well. He also said he started working early with FDA and he said, well, like exceeds by far the safety requirements. So he doesn’t, you know, try to meet the thresholds and then maximise profit. He just goes for it. And I think that does great. That drives innovation. Absolutely.

Share This