The Breakfast Club - INTERVIEW: Earn Your Leisure Talk Invest Fest 2025, AI & Tech, Generational Wealth, African Diasporas + More
Episode Date: July 30, 2025Today on The Breakfast Club, Earn Your Leisure Talk Invest Fest 2025, AI & Tech, Generational Wealth, African Diasporas. Listen For More!YouTube: https://www.youtube.com/@BreakfastClubPower1051FMS...ee omnystudio.com/listener for privacy information.
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we got some special guests in the building.
Our guys.
Rashad and Troy Millings.
Now, Investfest 2025 is coming to August 22nd
through the 24th for people like Magic Johnson,
Steve Harvey, Issa Rae, Angela Ra,
Stevie Jackson, 2 Chainz, Terrence J, DJ Head,
Pretty V, John Hope Bryan, Ryan Leslie,
and our very own Thickums.
Charlamagne the guy would be on the next stage.
I would be there, I would be there at Invest Fest.
I was about to say, who wrote this press release?
Who wrote this?
Who wrote this?
That's crazy.
I put the Thickums on.
That was crazy.
I was waiting for it.
How many Invest Fest has it been so far?
The fifth one.
The fifth one.
Congratulations, man.
Thank you, appreciate it.
Jack Dorsey, too.
Jack Dorsey.
Yeah. You know, it's interesting Jack Dorsey too. Jack Dorsey.
You know it's interesting when you attempt
to build something like this,
you don't know what it's gonna turn into.
You don't know if culture is gonna show up,
but it's become a cultural staple.
Yeah, absolutely man.
Like I said, five years ago, it was an idea in Shadi's head.
We executed the first year right through COVID.
It was crazy.
So to see where it's at now, we talk about cultural events,
but it's the biggest, biggest business event in the world.
We talk about the amount of people that come through.
We talk about the list of people,
billionaires, entrepreneurs,
everybody from trying to start to get a job.
It's a multitude of a bunch of people
coming together for the same cause.
Now every year you do something different with the Invest Fest.
So what are you guys doing this year that's different?
Well we got, so we started the pitch competition last year.
It's water by the way, that's water.
All right.
We started the pitch competition last year,
Rest In Peace to Nip.
We did it in honor of Nipsey Hussle.
And we had his brother Black Sam, we had the marathon come.
And we were refining it this year.
You know Paul Judges?
Do I think that sounds familiar?
He's like one of the top black venture capitalists
in America, based in Atlanta.
So we let him just fully take it over.
So it's only for tech companies this year.
$125,000 and then we got 2 Chainz,
we got Angela Simmons, and we got Jalen Brown as judges.
So we wanted to kind of fine tune it
because we know that tech is the number one.
Everybody talks about AI and all that.
So it's like we talk about the problems a lot.
Let's talk about some solutions.
Let's empower the next generation of entrepreneurs.
We know that capital is a big problem in our community.
John Hope Bryant.
So what we're doing with him is that
he's actually gonna be doing on stage mentoring.
It's a challenge.
Like five entrepreneurs is gonna win an opportunity to get on stage with him. They're gonna tell him is that he's actually gonna be doing on stage mentoring. It's a challenge, like five entrepreneurs
are gonna win an opportunity to get on stage with him.
They're gonna tell him about their pain points,
what's going wrong in their business.
He's gonna give him real time feedback
and then the winner is gonna get his mentorship package.
It's valued at over 25,000.
It's like credit, it's access to capital,
it's like phone calls, the whole thing.
So we're doing that this year.
We have...
We got the deal room too.
So this is something that's important,
especially in our world.
Like a lot of people come with you ideas
and a lot of deals go through your team
and you can't fulfill them all.
And so a lot of people don't have access to that.
And so our thing was like,
if we can create a room with those type of deals
and have it vetted from real legit companies
inside the world of tech and other avenues,
why not bring that to our audience
and let them see what this is like
so they can be part of those deals as well.
So we try to stimulate the economy
as many ways as possible.
And we got deals in Africa that we gonna bring.
And we're doing, for the first time ever,
we're doing a collaboration comedy show
with 85 South on Thursday.
So we're gonna make it like a whole week.
So it starts, Thursday's the kickoff comedy show,
85 South and Block, shout out to Jack Dorsey
and the whole team at Block.
So the Weeknd is having a concert at
my state, he's been in stadium on Thursday.
So Block is cash, you know Block owns cash app.
So they're giving away tickets for Investfest purchasers
to get access to the Weeknd concert also.
So it's like a long list of different things
that's gonna be happening.
So is EYL gonna let Africa take over Investfest?
Is that gonna be what they talking about
on Twitter after Investfest?
Investfest became Africanized!
Have your yellow fever cards ready.
God damn Troy!
Nah, nah.
You know what, we wanna make sure that we can bridge
that gap and do it in the best way.
And so a lot of people have seen us go to Africa
a few times over the past couple months,
but we're not going there just as travelers.
We're going over there to see business opportunities,
and now we're bringing those business opportunities
back to Invest Fest.
And so to bridge that gap, a lot of people go to,
you know, Ghana and Nigeria for December to party,
but they leave.
By the way, I'm joking.
I think that's the stupidest conversation in the world.
I don't know why.
The essence there?
Yes, I think it's ridiculous.
The great thing is that I saw a video when he was like,
yo, I had a great time when Janet Jackson was there.
We speak about this.
The Africans ran it then, when he had a great time.
So it's like nothing has really changed.
But like you said, I mean, it's a matter of
really just bridging the gap.
I like Vic Mensa's content a lot, you follow him?
Yeah, yeah, yeah.
He talk a lot about the diaspora wars,
and there's a lot of that going on right now.
It's a lot of division, but ultimately,
it's not helpful to anybody.
It's helpful for us to work with the continent.
It's beneficial for people on the continent to work with us.
Us dividing each other is not like,
we at the lowest level when it comes to anything
as far as economic empowerment.
So we're not really in a position to fight.
We actually going to Africa tomorrow.
Yeah, tomorrow we're going to Africa.
You're going to Ghana again?
We're going to Benin and then we're going to Ivory Coast.
Which are you going out there?
We got invited by the government of Benin.
I don't know if you saw,
but they recently, Sierra got citizenship.
So they really wanna, that's the crazy thing.
That's the crazy thing about it.
There's a big notion of Africans
don't like black people from America.
That's not true.
Of course you're gonna find one or two people,
but they like, how can we tap in with y'all?
How can we attract more people?
How can we attract more investment?
How can we get more tourism? This is something attract more investment? How can we get more tourism?
This is something that these governments
are actively trying to do.
Ghana did a great job of it,
but they're not the only country.
We went to Rwanda, we went to Kenya,
we're going to Benin, we're going to Ivory Coast.
This is all invitations from private sector
and the public sector.
Saying like, look, we understand the power
that you guys have in America as far as on a cultural side and economic side as well.
Come, work with us.
We want to have you guys here,
so I just wanna dispel that rumor
because that's something that has been permeated
of they don't even like us.
They don't even like black Americans.
That's not true.
That's not true.
It's crazy.
So those trips that he's talking about,
while we were there,
people were trying to invite us to their country.
So Uganda was on the list, South Africa was on the list.
They saw that we were coming in,
they respect us from the platform that we built in America,
and they're like, you guys are here for business.
And we want people to know that there's business
taking place, so when we were in Rwanda,
we were like, wait, we've never even seen this before.
Nobody's ever talked about Rwanda,
all we think about is the movie that we know
from the 90s, and then you get there,
it's the safest, it's the cleanest place,
and I'm like, wait, how come people don't know
what's happening here, right?
Then we go to Kenya, it's the same thing.
Now, Benin, it's their Independence Day.
The president's like, you guys need to come.
The Sierra thing happened last week, but they're like,
I want you to see what Independence Day looks like here.
I want you all to be a part of it.
And I want you all to show people that there's business here.
Same thing in Ivory Coast.
This was somebody in the business world that's like,
I love these guys.
Can they come while they're on this side of the country,
side of the world?
And we're like, of course, we're here, let's do it.
And mind you, these aren't even English speaking countries,
they speak French.
Yeah, I've been working on my French.
So.
Yeah, yeah, yeah, yeah, yeah, yeah,
it's your sweet Troy.
So it.
It, it, it.
Yeah, yeah, yeah, yeah, it's my little boy Troy.
It travels across even language barriers.
Mm-hmm.
So what do you tell people, you know,
when I met you guys, whatever, seven, eight years ago,
you all were talking about crypto, right?
At the time I didn't understand it and I wasn't into it
and it was real low and now it's through the roof, right?
It happens to a lot of us.
So what do you tell people that are entry level
and saying what's the next thing that I should be looking at,
they're looking towards that is affordable for them?
I mean, right now, I let you talk about,
but AI revolution is what we've been talking about.
We're in it.
AI is not the future, it's right now.
And it's only gonna get bigger.
You see the number one company in the world, NVIDIA.
Five years ago, nobody even heard of NVIDIA.
Now they're bigger than Apple, Microsoft, Google, Meta.
What does that tell you?
What do they do?
They make computer chips so it's like,
you got Taiwan Semiconductor, right?
Like artificial intelligence is not going anywhere.
That's another major focus for Investfest this year.
We can't run from it, we can't hide from it.
Like you gotta invest your money
in these technology companies.
You gotta invest your money
in these artificial intelligence companies.
Crypto's not going anywhere either.
But AI is literally like,
the world is not even
gonna look the same in five and 10 years.
It's gonna be completely different.
This is gonna be the greatest wealth transfer.
Right, this moment in time that we said the last night,
this is the most important time in terms of investing.
We've never seen returns like this.
We've never seen a company go up by 5,000%.
We've never seen a $4 trillion company,
let alone a $3 trillion company in it.
Like that's happening in this lifetime as we talk about it.
When we talked five years ago,
and you asked that question, we told you TSM.
We told you Microsoft,
because we knew that they were gonna lead,
and that hasn't changed.
And if you look at how the economy's looking right now,
those companies, Nvidia,
but the companies that are built around it,
the companies that they're partnered with,
are gonna lead the generation too.
And so if people are looking to invest,
they should start there, right?
We already know, right, people use OpenAI.
Well, what makes it run?
GPUs, right, who makes those GPUs?
Nvidia makes them, AMD makes them.
So we gotta invest in those companies.
We already know that we're on Instagram
and we're on Facebook.
Well, Meta owns that.
We should be involved in that, right?
If you look at what Mark Zuckerberg's doing,
like quietly while we're discussing all these other things,
he just stole OpenAI's co-founder, right?
Recruited, recruited.
Well.
Allegedly.
Paid him a lot.
Paid him a lot.
A whole lot of money.
A whole lot of money, right?
A lot of money, right?
That was two weeks after he took Alexander Wang,
who was the CEO of ScaleAI, right?
He took that company, well not took,
made a deal with them for 14 billion, right?
These are the things that are happening on our watch,
so we gotta be making sure that we're investing
in these companies, understanding what they do
so we can take advantage of it, right?
Not just from a user standpoint.
Also, we went to Silicon Valley,
so we actually went to Nvidia's headquarters
and we went to Meta's headquarters.
Okay, we go to Metta's headquarters, right?
We getting to tour their campus.
Their campus is crazy.
You don't see one black person there.
90, you don't hardly don't see any white people there.
Chinese and Indian.
So much they said that they have full Zoom calls in Mandarin.
That's how many Chinese people work there.
So, of course, from an investment standpoint,
we need to invest in tech companies.
But from an educational standpoint,
like, I don't think people fully understand
how far behind we are in this situation.
Like, we're not even a thought in the process
of like, these tech companies, not one.
It might be like one black person
in the whole entire department.
Like 300, 400 people, I'm telling you,
we sold our own odds.
Hundreds of kids that's 22 years old, 25, 26, all Asian.
Every single one of them is Asian.
So it's a black problem, but it's an American problem.
Like if you look at the, for the first time,
I think in 20 years, America won the Math Olympics.
If you look at the team, they're all Chinese people.
They're all Chinese Americans.
What does that tell you?
We're falling behind so far,
educational system is terrible,
and like I said, it's not just a black problem,
it's an American problem.
We're losing the technology.
They're saying China is six months,
China's already, I just came back from China,
China's already 10 years ahead of us.
Like if we don't catch up soon,
it's gonna be very scary over the next 10 years.
I was gonna have to be a booty judge
when I was looking at Chinese roads
and how they have their roads
and how they deal with the elements out there
where they don't have to,
they have stuff that shoots on their roads
that they don't even have to clean, which is crazy.
I'm being honest with you, I don't know how we catch up
because this country has has a real sick obsession
with celebrity and they think everything,
celebrity and entertainment driven,
is how you get to the money.
I don't know how you change that.
And dysfunction, political dysfunction is at an all time.
That's nothing, these countries can move so quickly
because they're all on one accord.
Say what you want about China,
like if they wanna do
something, everybody's getting behind it.
The UAE, everybody's getting behind it.
Saudi Arabia, everybody's getting behind it.
America, like, you already know the political discourse
that we have in America, so nothing is done,
and it's only getting worse, and then everybody's fighting.
Then you add the social media addiction,
then you add the junk food, which makes it hard
to concentrate, period.
Then you add the- Education, which makes it hard to concentrate, period. Then you add the-
Education system.
The celebrity aspect.
And yeah, it's a recipe for disaster, to be honest with you.
So yeah, no, it's gonna be difficult.
I'm not really sure how it changes,
but we need to really start to think differently about it,
because like I said, what I saw in China,
like it blew me away, like the stuff that they doing,
and what they're planning.
Like we're not even thinking, we're just trying to just get through the day. What's the most future- You saw over there? It blew me away, the stuff that they're doing and what they're planning.
We're not even thinking, we're just trying
to just get through the day.
What's the most features you saw over there?
Well, I saw the face scan, that was pretty cool.
I think that they have the hand scan already in America,
but the face scan is everywhere,
meaning you go to a gas station, whatever,
you get the water and you just,
I'm talking to the clerk, I just look and just check out.
And the first time she did, I'm like,
what they doing?
They like, oh no, they just scammed my eyeballs.
So the bank account information is placed in,
like your eyeball, bank account information
is all placed together.
What?
So you just, so we were gonna live in a world soon
where you don't need a wallet.
You don't might not even need a phone.
So you just go and like the Amazon Go store now,
they have that through the, like they can bring it up.
But now they just looking at your eyeball.
And so how though?
So yeah, I was gonna say, what do they do?
Like what about your eyeball pays for the war?
It's like a personal ID.
So like, you know you go to TSA.
You do it now, you just don't realize it, right?
You go through Claire, what do you do?
You look at it.
They identify you.
But now they know how much money you got.
Or you just link it with a card.
It's like having your phone.
It's like having your phone.
You can still get decline.
They can look at your eyes like decline.
Yeah, exactly.
Tell them they broke in the eyeballs.
Exactly.
It sound futuristic till you realize
you've been doing it this whole time.
When you go on the Amazon store,
when we talk about AI, that's AI.
There's cameras in the ceiling that are scanning you.
You put your card in when you walk in,
and you think you walking out,
and then you get the email that,
wait, you just got charged $116 for what you just bought.
And it's like, wait, how they do that?
But people are scared of that.
A lot of people are scared of that.
And what do you say to them?
People think it's taking jobs.
Like you said, the Amazon store,
there's one guy working there
that makes sure people just don't run out.
But besides that, there's nobody ringing you up.
There's nobody doing anything like that.
And people are thinking that it's taking jobs,
it's taking opportunity, it's taking their future away.
So what do you say to that?
I say we gotta get educated on it.
I grew up in an education system
where it was like learn Mandarin, learn Mandarin.
That's what they were telling kids when I was teaching.
Then it was like, they should learn coding,
they should learn coding.
And it's like, well, there's a prompt now to do that.
You know what I'm saying?
And so we get out and realize that AI is not our
enemy, it's our co-pilot.
And so if we think about it, like we're still
fine and playing, but this is gonna help us.
The people that will work with it and understand it,
will go ahead.
The people who try to deny it and be afraid of it,
it's gonna be tough for them to succeed.
Cause you're battling super intelligence.
You're talking about something that's super efficient,
that never stops working, that's always getting better,
that never gets tired, that doesn't need any PTO
or insurance, it's always-
No maternity leave.
No maternity leave, and it's only getting better.
If it makes a mistake, it gets better, right?
So how do you compete with that?
You don't, you join it.
Do we go back to the days of forcing our kids
to do things, like you remember growing up as a kid,
your parents forced you to, you gonna be an attorney, you gonna be a lawyer,
you gonna be a doctor.
Nowadays these kids are like, I see cops not.
You're gonna be the smartest one though.
But that's the thing, right?
The value add is like, who's the smartest one?
Do you have to be the smartest one?
Or could you just be the person that understands
that I need to use this?
Because like you said, like a lawyer,
it's interesting, right?
Like right now, if I go to Anthropiq,
or I go to Chad GBT,
and I get documents from a law office,
I say like, hey, I want you to attack this case
the way that this firm did.
And in five minutes, it's gonna understand
exactly how the firm attacks the case
if it's a prosecution or a defendant.
And now I got a hold for $29 a month.
Well, that's what I think.
But that's what I'm saying though.
Even if we looking at it, not looking at it
like it's our enemy, what the hell we gonna do?
Or jobs, what do we?
And we can't sugarcoat it, it's gonna get real scary.
Some spooky hours because it's like, all right,
technology always replaces low skilled labor, right?
So before, you're from Baltimore, right?
Yep.
Okay, you're from New York.
So you remember back in the days when you used to go over any bridge in New York. There's people there. from Baltimore, right? Yep. Okay, you're from New York. So you remember back in the days
when you used to go over any bridge in New York.
There was people there.
People there, right?
And you give them $5, they give you $2.50 back.
Those was jobs.
Yep.
There's nobody working those jobs anymore, right?
So that's how technology replaced jobs.
But people will look at it like,
okay, that's low skilled labor.
Or like cashiers, like what you just described, cashiers.
Now most stores have like maybe one cashier,
but most of it is self checkout.
Some stores don't have any cashiers.
But now we're gonna start to see high skilled job
being replaced.
Like he said, lawyers, doctors.
We was in Africa, Khalees, we was in Kenya.
Khalees' youngest son is getting taught by AI school,
fully AI.
So now you got education that's about to get replaced.
You got doctors, lawyers, these engineers.
Like this is very high skilled jobs
that people go and pay hundreds of thousands of dollars
for their degree.
So now you're not only getting low skilled replaced,
you're getting high skill replaced too.
So save your money, invest your money.
Like if I can give anybody advice right now,
like you gotta invest your money and you gotta have,
you gotta almost, you gotta be an entrepreneur
on a certain level, right?
Cause just relying on a job and a skillset,
there's no job that's safe.
Even this job, they having AI people that's doing podcasts.
So very soon it's gonna be so good
that you might not even know that it's the AI.
And so invest your money, crypto, tech stocks,
like start now.
Like entrepreneurship, vitally important.
That's even more important than the skill set
because you can learn, technology is not that hard to learn.
That's the good thing about it.
But if you don't have a business,
you don't have cashflow,
like it's gonna be very, very difficult.
Let me ask y'all about this.
You know, they're talking about the contractor economy
and they say that's gonna reach 2.5 trillion this year alone.
And they say AI is coming for the coders
not electricians and welders.
The BlackRock CEO says we need a half a million electricians
over the next few years.
What do you think about that?
Yeah, we do.
We do.
Plumbers, electricians.
There's a massive shortage of skilled laborers.
But even that, that's true.
But you need to be an entrepreneur.
But those are. Those are.
People that got H-vax and they're all plumber.
I'm saying a lot of people don't look at it like No, no, they're Christians, but I'm saying,
a lot of people don't look at it like that.
They'll go into it saying, like,
I wanna be a plumber and I wanna work for a plumbing company.
Instead of opening their own company.
Instead of opening their own plumbing company.
But yeah, no, that's still needed for now, but yeah.
But I think that's gonna be a way,
that's gonna be a way to reach black people.
Because black people understand that.
So when you start talking those kind of numbers
and letting people know like skilled labor,
the contracting economy is a $2.5 trillion business
and we need a half a million more of those
over the next few years, that's something they understand.
They may not understand the AI conversation.
That's insightful.
We don't have time to keep, you gotta catch up.
You don't understand, you gotta catch up.
I understand I respect laborers,
but black people can do more than just being a laborer.
But nothing wrong with that though.
No, there's nothing wrong with it,
but why are we always relegated to the,
that's the black job,
that's what Trump was talking about, black jobs, right?
Like, no, we need to do that,
but we need to be playing at the highest level possible
as well. That's why the technology.
Like we need to be starting tech companies.
We can't just say, okay, this is what we know,
this is what we can relate to.
You're not gonna become super rich being a plumber,
let's just be honest.
There's nothing wrong with that, but.
Unless you start a plumbing company
and you got the contract for this building.
But how many plumbing companies you know
have a billion dollar valuation or a billion dollar exit?
I don't know.
It's happening.
Okay, so when Mark Cuban says that there's gonna be
trillionaires started in the basement, right?
Like you talking about companies
that's gonna reach $100 million valuations in six months,
like real quick, we gotta get in on this.
That's why we doing the tech giveaway
as far as at InvestFest, like yes,
but we can't just, we've been in this country for too long.
We gotta play quick, quick catch up.
We can't play okay, now we got 50 years to catch up,
we gonna start at this level.
I'm telling you, if we playing that game
in 50 years, it's gonna be.
I agree with y'all, and that's why I love talking to y'all.
But if the Black Rock CEO is saying
that a two trillion dollar wealth shift is coming
because of the contractor economy,
and I always encourage people to go to trade school.
You talking about Larry Fink, right?
It's needed, yeah. It's needed, I get what you, it's needed, right? always encourage people to go to trade school. You talking about Larry Fink, right? It's needed, yeah.
It's needed, I get what you, it's needed, right?
But a lot of these guys, and shout out to Black Rod,
partner at Investfest, the largest asset management
company in the world, over 13 trillion assets, right?
That's cool if you wanna keep it,
but we're trying to get people to sustainable wealth,
right, we're talking about life changing,
generational changing, and that's why it's important to talk about technology, because we've over indexed in some of these professions, we know that, right? We're talking about life changing, generational changing, and that's why it's important to talk about technology,
because we've over indexed in some of these professions.
We know that, right?
My uncle's a plumber, my cousin does age VAC,
but I don't know anybody that has an AI startup, right?
We have to be in that.
We're talking about these prompts that,
they're not being created by us.
In fact, the data centers that are being built,
they're not being built by us either, Right, so when we're talking about discrimination
in this world, imagine when it gets to that world,
and it doesn't care, and there is nobody
to answer that call, and you can't complain about it.
Right, we gotta be inside that, we gotta be creative,
we gotta be innovative to have something, right?
Because we keep seeing it, we watch Vine and Facebook,
we made all these things popular, Instagram popular,
TikTok popular, TikTok popular.
Nothing is ours.
We gotta be in that conversation.
Another thing too, right?
We have these conversations that we say,
we about to see these trillion dollar companies, right?
We haven't seen a trillionaire yet.
Everybody not gonna be a trillionaire.
Everybody not gonna be a billionaire.
Everybody not gonna be a multimillionaire.
There is gonna have to be some hundred thousandaires,
you know what I'm saying?
I guess the question I'm asking,
what does generational wealth look like?
Because that should be subjective.
It starts with companies,
and like Jensen Wong, who is the CEO of NVIDIA,
he said, I made more millionaires than any company.
I'm paraphrasing.
So he's obviously a billionaire.
His companies were four trillion.
But there's thousands of people that work in Nvidia
that became millionaires.
One million, two million, three million, four million.
So look at the economic impact.
That's what I'm saying as far as the entrepreneur,
we can see even on the low, like us personally,
we employed 30 people, right?
So I'm always gonna hammer,
like Dame Dash wasn't wrong in what he said.
The delivery, I think the way that he went about it,
but that interview still resonates to this day
because we don't own enough businesses.
We don't.
So as far as generational wealth,
a lot of times that's just a catch phrase
that don't mean nothing.
Like what does that even mean, generational wealth?
Like generational wealth is having sustainable businesses
that you employing people and you can pass something down
and you have an ecosystem and this shit is flowing nonstop,
not just, okay, I made a bunch of money
because nine times out of 10,
you either gonna end up blowing it,
you gonna get divorced and lose it,
or your kid is gonna blow it.
So, but if it's a system in place,
and you can actually employ people,
and you can actually have things
that's actually moving the ecosystem the right way,
that's more beneficial than one person
becoming extremely successful.
And I say, I look at generation wealth as freedom, though.
It's not just the amount of money you make, right?
You look at some people who might only make $100,000
or $200,000.
That's a lot of money.
It is, but they're happy.
They're happier than that person that makes $10 million.
They're happier than that person that makes $20 million,
but they're able to make sure their family is good
for generations for that level, but it's happiness.
Because at the end of the day, f the money.
I just want my kids to be happy.
I don't want them to be stressed out.
I don't want them to worry about it.
I just want them to be happy and live the way that they want to live. If they want to do nails, I want them to do nails, because at the end of the day, I just want my kids to be happy. I don't want them to be stressed out. I don't want them to worry about it. I just want them to be happy and live the way
that they want to live.
If they want to do nails, I want them to do nails
because at the end of the day life is short.
You just want them to be happy.
But you do want to encourage them to own the nails.
You think $100,000 is a lot of money?
Yes.
You know it's not a lot of money.
It is a lot of money.
Why would you say that?
Why would you say that?
Why would you say that?
Why would you say that?
Why would you say that?
You know it's not a lot of money.
Because there's people listening to us who don't have-
In New York City.
In New York City. Yes, but there's people listening to us who don't have. In New York City. In New York City.
Yes, but there's people listening to us who don't have.
No, no, for sure.
We're not making 20 of you.
No, that's not the point.
It's not to discourage somebody,
but it's also to be realistic.
You know.
That's a rich name.
You know it's not a lot of money.
It is a lot of money.
You know it's not a lot of money.
A hundred grand is a lot of money, Rashad.
It's a lot of money to somebody.
To a lot of people.
Yeah, to a lot of people.
To you. To a majority of Americans. If you to a lot of people. To the majority of Americans.
If you make $100,000 a year in New York,
you're coming home with $67,000.
It's a lot of money.
It's not a lot of money.
You know why it's not a lot of money?
You didn't even need to see the UK in over $2,500.
I realized it wasn't a lot of money when I made $100,000.
Okay, so I can relate to that part.
Before I even made my first $100,000,
I'm like, it don't seem like it's easy to do.
When I did it, I'm like, all right now,
what's $500,000, all right then.
You know what I mean?
So yeah, it's, $100,000 is a lot of money to certain people,
but not to me because of my expenses and shit
that I'm doing.
Like, my lifestyle is not.
Back to what you saying though,
and I'm gonna add everybody, is that sustainable, right?
If I make $100,000 a year, can I create a lifestyle
that's sustainable for my family going forward?
No, you can't live.
It depends.
You probably keep food on the table
and a roof over your head and you live in check and check.
And my kids are gonna have to do the same thing.
And then their kids are gonna have to do the same thing.
That's not sustainable.
Because they're gonna, right, there's no guarantee.
Like my parent, my dad did that, right?
Like he worked for 42 years, right?
It guaranteed me nothing
He spent more time at work than he did at home
He didn't come to my basketball games because he had to work right and he spent weekends sometimes going to work
When I turned 18, he didn't guarantee me an interview at his job. It didn't guarantee me that I can even walk in the building. Was you good at basketball? No, I'm just having a good time. Wow. I might need to go over there. If you was growing up, I'm gonna be like, wow.
All this bad big good and bad is probably just your support.
Look what's wrong with you.
I ain't gonna waste my time with this.
I ain't gonna waste my time missing work and shit.
My dad was a cricket player, man.
We from Jamaica, man.
We only got Patrick Loon.
I told him, I told him my Jamaican son to play cricket.
He want to play basketball.
I ain't going to check that.
I'm not supporting this, boss.
If he's not a bowler, I'm not going.
But you understand, that premise is like, now I have to go figure out what I'm going
to do.
I can't do his career, I got to figure out what I'm going to do.
My goal was to make sure that if I had something, I could pass it down.
Same thing you always talk about. Everybody here is doing it.
We're not being candid about it.
We have to tell them, look,
I'm trying to create something that's sustainable.
I could pass it down to you.
You may not even wanna do that, right?
Like the plumber, right?
You've watched your dad be a plumber, work hard.
You're like, I don't wanna do that.
A lot of kids grow up like, I don't wanna do that.
They in the tech world.
They wanna figure out how they can use technology
to advance their careers, right?
So we gotta, hey, here's some assets
to flourish your dream, whatever it is,
rather than go figure it out on your own.
I know I did it, now it's your turn.
So for my son, my son is 13.
My son wants to get into tech.
Where does he even start with that?
What's his interest right now?
Is he into social media?
Is he into gaming?
Like computer software, he wants to,
you know, like the STEM programs and all that type of stuff.
But if we're so fucking behind already,
where would he even start with that?
Well, the good thing is that we are behind,
but you could catch up quick with technology.
Nip had a great quote when he was like,
technology has empowered everybody.
And it's kind of leveled the playing field,
even though the playing field has never been leveled.
But still, all right, so you just start with the basics.
As far as like, I feel like New York City banned
chat GBT, dumb decision.
Hopefully if we get a new mayor,
we can have some level of voice in as far as education.
Now why did they ban chat?
Why did they ban chat GPT?
Cause kids is cheating.
They say kids is going to be cheating on their essays
and you know using it to cheat.
But my thing is why you trying to ban.
They all.
But okay this is my thing right.
True.
Math, math right.
How I learned math, how everybody learns math
is that you do it with a pen and paper
and you do long division.
Show your work.
Okay.
Never in life are you ever gonna have to do that.
No.
A lot of times, if you use the calculator,
you was cheating.
So when I became a financial advisor,
I had to use a financial calculator.
And I had to learn how to use a financial calculator.
Financial calculator is different from a regular calculator.
My thing is that that would have been helpful
for me to learn how to use a calculator.
More so than learning how to use long division.
Now there's gonna be some people like,
whoa, that helps you think and cognitive thinking skills,
dah, dah, dah, dah, not needed.
And I know this for a fact because I worked in finance
for 12 years, I never did math equations with my hand.
I only did math equations with a calculator.
It would be more beneficial to teach children
how to do math with calculators
because that's what they're gonna do in real world.
It would be more beneficial to embrace chat GBT and teach kids how to do math with calculators because that's what they're gonna do in real world. It would be more beneficial to embrace chat GBT
and teach kids how to use chat GBT and how to prompt.
And these is basic things that you could just do
on your phone, how to use Gronk, how to use,
because it's not going anywhere.
So you're trying to teach a kid how to actually
write an essay, well when in life are you going to need
to write an essay?
Because I just wrote something just now
and I fragment thoughts, I put it in chat GBT
and I say fix it.
And it puts together a well written train of thought.
Yeah, that's the idea of the teacher that works with it
is gonna get ahead.
Because what happens when you ban something?
More kids gonna use it.
Right?
It's like, yo, you shouldn't smoke, kids gonna smoke.
We're gonna prohibit alcohol, what happens?
People are going to do what they're told not to do
and so we gotta figure out how we work with it.
The problem is, and I come from an education field
where it's like, we feel threatened, right?
If it checks the work and if it can have
corrective sentence formation,
then what am I supposed to do?
I hear a lot of people say that they're afraid
that it's gonna mess with their cognitive abilities
so I agree with what Rashad is saying, just teach people how to use their—
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The Girlfriends, Jailhouse Lawyer.
Listen on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
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Brain to prompt the chat GPT, work alongside with it.
Let it be your assistant.
Like don't let it do the work for you.
Yeah, but let's see, but that's the problem is, right?
Like if you give any kid homework, right?
And they know they have chat GPT, nine times out of 10,
if their parents are not over them,
they're gonna put that thing in the chat GPT
and it's gonna come up with the answer.
That's gonna be wrong a lot.
But that's not necessarily a bad thing.
Yeah, let me just add before you go.
Because I don't have to think anymore.
All I have to do is put the question in hands
and I'm not even understanding what's there.
The idea of homework is to reinforce
what was learned in school.
Correct.
Right, like at a certain point,
are you still checking homework?
Not at all, no.
You're such a good dad.
But the wife does.
You know what I'm saying? Such a good dad. But the wife does. He's such a good dad.
He's such a good dad.
You know what I'm saying?
Right, right.
I'm not mad at him.
That's the same thing my wife does too though.
Exactly, it's like, at a certain point,
like what they learn in school is reinforced at home.
But if the kids are, like let's teach them more things.
Like I always tell you,
learning doesn't stop in the four walls of a building.
Let's teach them about other things.
That you learn at a school, let's add to it.
Let's figure out how we use it. That's why we gotta teach them how to use AI. That's why we's teach them about other things. There you learn that in school, let's add to it. Let's figure out how we use it.
That's why we gotta teach them how to use AI.
That's why we gotta teach them how to prompt.
Because we know that's where this is going, right?
We gotta teach them, like, yo, if they're gaming,
what's making the graphics that good?
Now I can tell, there's a segue there.
If I'm paying for Robux,
let me tell them how they can invest in that.
What's new?
What's coming on Robux in the next three months?
It's the same thing when I look at Netflix.
That's right.
Right, while I'm investing in Netflix.
I look at what the rollout is for the next three months,
six months.
Oh, they got the Crawford Ferry?
Okay.
Oh, they got the NFL contract.
I bet.
This is a company I can see sustainability in.
We gotta have segways and relatability to the real world.
Y'all bought up Dame Dash and I always say this.
Why you look at us like that, Jess?
Just cause I'm just thanking you.
Because really like, because I'm thinking about it now.
You just really don't realize how much we use AI,
we consume it because yo, I got a homeboy
who uses chat GPT to communicate his feelings
with his girlfriend.
Ah, let's go there.
Like seriously, he's not really good with expressing himself.
You know, cause in his childhood or whatever.
Cause in his childhood, like he's just not able
to express himself.
So like his girl was about to leave him for that.
Like, yo, like you're not intimate or,
I mean, you're not affectionate with me.
Like you don't express, and he downloaded chat GPT.
That saved his fucking relationship.
Like he expresses himself to her, and it's teaching him.
And it's like his best friend, like he talked to this.
My best friend got Bible study with chat GPT.
Like it's crazy.
That's the next, the agentic AI is the next wave.
Right where it's like, yeah, you have a phone.
What do you call it, Troy?
Agentic.
Right, so it's an agent. Everybody has an agent that you work with. So to express your feelings, yeah, you have a phone. What do you call it, Dron? A gentic. A gentic.
Right, so it's an agent.
Everybody has an agent that you work with.
Yes.
So to express your feelings, to help you out,
to be a companion.
Like, you ever seen the movie Her?
Yes.
Yes.
You already know where we're headed with this, right?
Like, that relationship piece is crazy.
You wanna talk about the therapy part?
That's big in there.
When we went to NVIDIA, we heard Jensen,
he gave his keynote.
So he was saying, like, right now, AI is pretty much like,
okay, let's say you have your family coming over
for Thanksgiving dinner, right?
And you list eight names and you give it to chat GBT
and you like put these names sorted out, right?
So they'll say, okay, Uncle Johnny sits here,
little Nasir sits here.
They all just, it's just like not really too much thought into it,
they're just putting it together.
The next level of AI, they'll say, ask me more.
Tell me more information.
Okay, well he has a drinking problem, da da da da.
Then they start to make rational decisions like,
okay, well I think it's best suited
if you have Charlamagne on this side of the table and Jackie on that side
of the table, reason being is because last Thanksgiving
they had an argument, da da da da da.
So that's the next iteration of AI is where it's actually
having rational thought.
AI can't really have rational thought right now,
it can tell you, like, okay, write a sentimental poem,
it'll write a sentimental poem.
But if you ask it too much in-depth questions,
it's not gonna be able to fully process it.
The next level of AI is like,
that's what separates humans,
is that we have rational thought.
And reasoning. And empathy.
And reasoning. And reasoning.
So now all of that is gonna be combined into AI.
So that's the real level of companion.
That's a real companion, right?
When you can actually, you can have empathy, sympathy,
you can reason, you can raise your voice if necessary,
you can, and the other part that's coming
is the physical robotics.
So.
When they get dicks.
No.
That's the truth.
I don't know if we there yet.
I mean it's crazy because we all looking at a situation
where potentially people will start choosing companions
that are not humans.
That's something that it may sound like a far-fetched
reality, but they're already working on that.
Because think about how many people have social anxiety.
Think about how many kids after COVID
still don't know how to talk to, like you said,
like a lot of people scared to talk to girls
or scared to talk to men. They don't wanna leave their home. Like you said, a lot of people scared to talk to girls or scared to talk to men.
They don't wanna leave their home.
If you can have the perfect person,
that you designed by the way,
you designed how they look,
you designed how they talk to you,
you could design the interaction.
Anything that they make in a movie as a preview
was going to happen in the future.
So they already had these in the movies 20 years ago, right?
So now when you start to see,
okay, it starts with a dog, it starts with now when you start to see, okay,
it starts with a dog, it starts with a pet,
like this is my pet, then this is my assistant.
Now the next thing is this is my wife.
It's crazy.
This is why we have to be involved in it
because if not, like AI, this is the first time
in human history where we've created something
that's smarter than us.
How can you control it?
And everybody that's smart says it, like Elon Musk,
all of these people are saying the same thing,
like they don't really know how far AI is gonna go
because it's smarter than us.
Imagine if your dog was 100 times smarter than you,
would you feel comfortable having it next to you?
But we're the ones programming it, right?
Always say it, just unplug it, but that's not that simple.
No, it's not unplugged.
When you're talking about,
so like that data center economy, right, these huge,'s not that simple. No, it's not unplugged. When you're talking about that data center economy,
these huge, big factories that they're building,
each one of those factories has 100 to 200,
300 supercomputers inside.
So one supercomputer is smaller than us already.
It ain't as simple as an unplugged.
That's what happens.
People don't understand how this works.
When you send a prompt, it goes through the wifi
and the cloud and it gets to that data center
and it comes back with the prompt.
Those supercomputers are always working.
24 hours a day, seven days a week,
and it's getting smarter every single second.
And you're already rebelling.
Yeah. They have.
Yeah, you see that guy, they tried to extort the guy.
You seen that?
Mm-hmm, and reveal your affair.
Yeah, yeah, yeah.
And that was a test run. But that could happen.
You give it your text.
Like if you had a text conversation right now,
like what your friend did,
and you sent that into a GBT and said like,
hey, how do you think my reasoning was here?
Like how did, did you think I was aggressive?
It's gonna give you a logistic understanding
of the conversation and give you feedback.
Sam Altman already said anything that you say
to Chatt GBT can be used against you.
Like, meaning technology can tell the cops.
Like, you know, he told me that he committed this crime.
Like, you talking to Chatt GBT, you telling them information.
You're not thinking that you talking to something
that actually has the ability to tell on you.
He said it like, yes, don't tell Chatt GBT something
that you don't want something
somebody else to know.
And that shit is scary,
because I was already thinking exactly what you said,
and I was gonna say the whole thing about Sam Altman.
So just think about how brainwaves work.
And think about when you be on your phone sometime
and you talk and then you look at your phone
and then shit pops up.
All of this shit is mimicking us,
but just a hundred times better.
I'm telling you man.
Just think about the stupid stuff we do,
like how can I make a bomb through Chad GBT? Yes, you're gonna have some little guys is mimicking us, but just a hundred times better. I'm telling you man. The stupid stuff we do like,
how can I make a bomb through Chad GBT?
Yes, you're gonna have some little dumb ass kid
and see somebody doing it.
I'm not sure what everybody's talking about.
You're gonna have some little dumb ass kid doing it.
You're gonna have somebody doing it that learn,
how do I bury a person or how do I dissolve bones.
What the fuck is going on in your life, bro?
Not me.
What are you talking about is real.
You know, we sat in rooms, I won't say where,
we sat in rooms and they're't say where, we sat in rooms
and they're talking about just that, right?
So there's the censored version of AI,
which is what the public gets,
and then you have the uncensored version of AI,
which is what the hedge funds and the creators
and the developers get.
So they can stop that from happening.
But who's to control them?
You right.
Right.
Let me ask you a question.
That's why we gotta be in the room.
And that example was the exact example that he was like,
if you ask Chachie BT how to create a bomb,
it'll divert you from, but he's like,
I have access to the unchecked filter.
So if I wanted to ask how to create a bomb,
it'll give me a detailed explanation
on how to create a bomb.
Yeah, there's certain things Chachie BT will be like,
yo, I can't help you with.
Right, right.
Because they've censored it.
They censored it.
But think about this, even ghost guns, right?
You can go to Micro Center, buy a machine,
and go to a gun shop and buy the actual parts and print it.
That simple.
That's a fact.
3D printer.
Which is ridiculous.
And there's nobody to stop you from doing it.
That's crazy.
Yeah, man.
Would y'all get the chip?
Like the Neuralink?
Because think about it, like,
there's gonna be people out here that are doing that.
They're gonna be smarter than us.
They're gonna be able to break things down faster than us
in order to keep up.
If you know that majority of the population
is getting this neuro link or whatever it's gonna be.
And we grew up in the era where they would,
we would put chips in the babies and all that.
We was against that.
Would you do that?
Would you do it?
I don't know.
I really don't know. That's the thing too. That's my you do it? I don't know. I really don't know.
That's the thing, too.
That's my answer as well.
I don't know.
When I first heard about it, I'm like, hell no.
But then with all the movies I watch and shit, everything
that they're clearly putting in front of us
because they know we just going to think it's a movie.
No, no, no.
I really don't know.
They got the glasses now.
They got the prompters in them.
People, you know, You can be debating with somebody
and they killing you with fat, you ain't gonna fuck.
The Noraly thing is so interesting
because it's like, for people that don't know,
that's Elon Musk's company,
and they already have paraplegics that can move now,
and people moving chess pieces with their brain.
So my thing is like, even for languages, right?
Like imagine if you can download
every single language in your brain.
So you go to France and now you speak fluent French.
That's helpful.
Or you go to, you know, Mexico
and now you speak fluent Spanish, right?
Like...
Jazz.
Yeah.
I know, we gotta touch that right here.
But also imagine, okay, like, what if something,
what if it gets hacked?
Yeah.
After your brain right up.
So you scared, like you don't know.
That's why I wouldn't do it,
because I'll be too nervous.
Like, if it get hacked, and now it's telling me,
okay, you must do this, you must, like, you know what I'm saying?
Like, that's just...
Yeah, I thought Robocop was a joke.
Right.
How do you deal with these humanoids?
Jesus Christ.
Good question.
You know what I'm saying?
Good question.
It's tough, because they just developed a model
that actually can charge its battery by itself.
So that was part of the thing.
Yeah, it's crazy.
So like the robotics, obviously what Elon's trying to do,
but China's doing it as well,
is like their robotic agent that comes in,
and even at Nvidia, they were saying like,
yo, this is the wave.
They're gonna have, it's gonna start in your house,
and it's gonna do chores and things that you don't wanna do,
but eventually it'll take over.
But the one thing that we still have to do
is that the robot would die
and we have to put it back on the charger.
But now they have the technology
where it actually, you put the charger in your house
and it walks down the steps and it pulls the battery off,
puts it back in, it rests,
and then when it's done, it comes back out.
So it's always working.
If you really think about it,
they've been doing that for years with the little vacuum.
Because the vacuum leaves the house
and it goes right back charging.
You know it.
Test run.
Like, y'all had Robert Smith on here before?
Oh yeah.
So, last time I saw him, he said,
do y'all have AI personal assistant?
And I'm like, nah, he was like,
first of all, you need to have one, it's mandatory.
And he was like, I'll sell you one.
And all he kept talking about was like,
you gotta have an AI agent.
You have to have an AI agent.
Like the way he was pushing it, I'm like, okay.
What is the AI agent?
Like a personal assistant.
Yeah, it might start as a device, right?
That you can clip onto, right?
And you can talk to that agent, like, hey, I'm hungry.
Is there anything in my fridge?
You know what I'm saying? Like, yeah, you know what, you left me,
it'll know you.
On that level.
I get that, I'm asking like, how does this,
I know what an AI agent is, but how does this show up?
For the first time, it seemed like it was a robot following.
For now it's not, but that's the next iteration of it.
But yeah, it's like a clip on, it's a device or whatever.
And it's like, okay, right now,
I wanna go to Thailand next week, right?
But I can't leave in the morning, I gotta leave at night.
But I also need to stay at a hotel
that's close to the beach,
and I need to have a restaurant,
I need to have a reservation at Noble.
Same thing you would tell an assistant,
the AI's gonna be able to do that in two minutes.
It's gonna book your hotel,
it's gonna get the reservation,
it's gonna do that, it's gonna do that,
it's gonna notify your child's teacher
that you won't be able to pick him up from school.
It's gonna pretty much manage your life.
Yeah.
It's wild the trust we gotta have.
And then how much do you have to pay it?
Because I pay somebody to do all that right now.
How much do you have to pay that?
And it's probably gonna be more efficient
than the person you're paying.
I would expect it on.
A lot less than you would have to pay a person.
The trust you gotta have in that though,
because if I've never been to China,
so I'm gonna say yo, Rashad, Troy,
y'all been to China, what should I be looking out for?
Like there's something about the human experience
that you can't always mean more to me
than what a robot tells me.
That's true, that's true.
And that's the delicate line that we walking
as far as AI and human experience.
We still have a human experience that's needed.
Hopefully it will continue, but we don't know. That's crazy.
All right, look, this is the last thing I got to say, because now y'all got my fucking
mind going, right?
So months ago, right, I had my gallbladder removed, right?
And I saw a doctor, I saw like three doctors came in.
At first they were saying, no, we're just going to have to take the gallstones out.
And then they like, no, we're just going to remove the whole gallbladder.
So the last doctor who was supposed to been doing it he was like, alright
We're gonna have like it was a machine that did it like a AI robot that did it
They just overseen it like he never touched me at all. The doctor never ever touched me. It was
of course, I went under they put me under anesthesia and all that but they told me that a
Robot would be doing it AI robot will be doing my surgery and that's who but they told me that a robot would be doing it.
AI robot would be doing my surgery, and that's who did it.
So that's crazy, I just wanna throw that out there.
I ain't got no questions, that shit is just.
That's crazy.
That's crazy.
You probably did it more efficiently, right?
Because it's gonna be human error, right?
Somebody's using their hands,
like you never know what they've been doing today.
And it's perfect.
You can barely even see the incisions,
but like it's perfect.
Think about how many, all right, dentists, right?
A lot of dentists develop carpal tunnel syndrome.
And they should have shaky hands.
So think about the human error that happens
if a dentist, not on purpose,
that's why they have so much medical,
the liability insurance, right?
Because if they make a mistake,
then insurance has to pay for that.
And there's billions of dollars that's paid out
in claims every single year because doctors make mistakes
that potentially could kill somebody.
Bill Gates said the two industries
that's gonna get impacted the most
is healthcare and education.
That's what he said.
He said healthcare and education's gonna get impacted
the most by artificial intelligence.
So yeah, doctors, you're gonna see
like a full robot performing surgery. That's gonna happen, doctors, you're gonna see like a full robot
performing surgery, that's gonna happen.
And then you're gonna have, like I said,
Khalees, all right, Khalees said her youngest child
is fully AI.
He only gets taught two hours a day.
And she said it's the best educational experience
that she's ever seen.
He's like a year ahead of the rest of kids
that's in his class. It's interactive. It's like a year ahead of the rest of kids that's in his class.
It's interactive.
It's like, okay, they teach you something,
and they say, do you understand it?
And he's like, no, I don't understand it.
Why don't you understand it?
And they have a real time conversation, one on one.
It's a one on one experience.
And she was breaking it down to us,
and she was like, yo, he only does this for two hours.
And then he travels with me, I got a show,
I'm going to South Africa, and he's on the road, and we pack up.
As long as he got a computer,
he can do it anywhere in the world.
Wow.
It's real.
The medical, think about this, right?
In terms of learning.
I think it said it took the first version of CHATGBT
14 days to comb the entire internet
and learn everything on the internet, right?
But now think about when you're talking about disease,
right, like it can break down cells
and figure out what's the cause of cancer,
how do we prevent cancer?
Like in the next seven to 10 years,
like a lot of the diseases that exist today,
they will have a cure for.
That changes the world.
Yeah, I mean, I think about, you know,
I read about stuff like nanobots.
I would definitely do that, you know what I mean?
Like- What is that? Nanobots, they can go in your system, like they about stuff like nanobots, I would definitely do that, you know what I mean?
What is that?
Nanobots, they go in your system,
they're talking about nanobots can clean out your arteries,
clean out the cholesterol without any type of surgeries,
anything like that, clean out types of cancers.
It's like, I would definitely have to try that.
And they say this damn day gonna make us immortal.
Because it can cure, I mean kill any disease.
I don't know if I would do neurolink,
but something like the nanobot, I would definitely.
That changes life expectancy, right?
Yeah.
I wanna ask y'all a couple more questions.
Sambra City, that's what I was pronounced, Sambra?
Yep, yep, yep.
Sambra.
Sambra, it's a 300 acre residential community
that y'all love.
He said Sambra.
Nigga, he said Sambra.
He said Sambra.
I don't care, man.
Sambra, I'm sorry.
I don't care.
I don't care, man.
Sambra, Sambra.
Say it correctly, man.
Sambra City.
The welcome home city. 300 acre residential community in the croc. I'm not saying it right. I'm saying it right. I'm saying it right. I'm saying it right. I'm saying it right. I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right.
I'm saying it right. I'm saying it right. I'm saying it right. A1 with us. They've really been ushering us all through the continent.
Anytime you see us in Africa, it's because of them.
That's my main album.
That's my main album.
Yeah, he used to work with Lauryn Hill back in the day.
He used to be in music.
But long story short, they already owned the land already.
And they just used to think about different ideas,
how they wanted to develop it.
But once again, they wanted to build with Black Americans.
They're like, yo, we wanna do something
where we can kind of bridge the gap.
It's not just for black Americans.
It's for Ghanaians, it's for Africans,
but it's also for people in diaspora also.
The idea is to create a bridge, right?
So that's something because,
the crazy how social media works.
Okay, we do all of this with the private sector.
We've never spoke to anybody at that time
in the Ghanaian government.
I don't know, there's no disrespect to the Ghanaian government
but that's just a fact.
But then there was a video that went viral on social media
about like, yo, the Ghanaian government gave 400 acres
of land to earn your legion.
It's just for black Americans and did it.
And it was a very convincing storyline that made,
and it wasn't even like a derogatory story
but it was just 100% false.
And then people was like, oh, y'all colonizing,
y'all coming in, y'all doing, y'all worse than the Britons.
I'm like, we working with the Africans.
It's not for just black Americans,
it's for anybody that wants to buy property
and da da da da, but social media has become a place
where you can create a narrative, the truth doesn't matter.
You know what I'm saying? As long as it's entertaining, right, where you can create a narrative, the truth doesn't matter. Like, you know what I'm saying?
As long as it's entertaining, right,
you can just create a narrative
and then people will just run with it.
But Sombra, the idea of that is to actually
just create a thriving community in Ghana
where, you know, a lot of people go in December.
But it's like, that's not really beneficial long term
for the economic prosperity of the country.
So we wanna create something where it's like,
okay, you can either A, live there,
or you can Airbnb it out
because everybody's not gonna move to Africa, right?
So you buy a property.
Real estate in Ghana has gone up tremendously
over the last 10 years.
It's gonna keep going up.
It's a housing shortage in most countries,
in Ghana specifically.
So there's a demand for real estate.
So, you know, that project is going great.
We should have the first phase done by hopefully New Year's
and we're doing it in phases.
And like I said, it's not for only black Americans.
It's for Ghanaians, it's for Nigerians,
anybody on the continent,
but it's also for black people as well.
And like, you know, to own a piece of land,
in the motherland, you can Airbnb, Airbnb is great,
especially in December.
You can make a lot of money
just in a couple of weeks in December,
because that's when everybody comes.
But then you can also have somewhere to go
if you wanna just get away, you know.
I always like going to Africa because it's just like,
you don't realize how toxic something is until you leave it.
In America, it's just so toxic, social media and all that,
and it's just like even you on social media,
you still like, you feel like you're on a different algorithm.
You don't feel inundated by all of the toxicity,
but as soon as you land back in JFK,
it's like right back to it.
Oh, you're right back.
Oh yeah, that's a fact.
You go into a country, everybody looks like you.
That's foreign to me, you know what I'm saying?
And the goal is, yes, this is the first development,
but the idea is like, yeah, this is something
that can be replicated, right?
It's the reason why you go to a different country.
That's why you see us in Kenya, you see us in Rwanda,
you see us in a bunch of countries,
because this is how you create something
that is a legacy, right?
Not just for you, but for everybody in the diaspora,
like this is something that we can be proud of,
and it happened on your watch.
Like you watched us get the ground, we've been watching us through the stages, something that we can be proud of. And it happened on your watch.
You watched us get the ground.
You've been watching us through the stages
and now you can be part of it.
How do y'all define, this is my last question,
how do y'all define success for Invest Fest now?
Is it the attendance, is it partnerships,
is it media coverage or something
that we don't even see, cultural impact?
It's all of the above.
I mean, I feel like if you look at Invest Fest,
anything that we've done is pretty unprecedented
as far as, okay, it's not just called a festival,
it's an actual festival, right?
Over the course of the week, you're gonna have 40,000 people.
That's how they do it by having people come in per day.
But we did that ourselves.
It's not like we worked with another major corporation.
A lot of festivals, they're funded
and they're operated by major corporations.
There's nothing wrong with that,
but they get the talent and they get the venue
and then they promote it and all that.
We did everything ourselves, even to this day,
we did everything ourselves.
So it's a beacon of what can be possible.
Just an idea.
Once again, you ask Chad GBT,
the biggest financial events in the world,
InvestFest is gonna come up in the top five.
So we just started that just off an idea.
So success is seeing that come to fruition.
No matter what happens, it's a success
because we was actually able to put it together.
Have multiple billionaires and have
400 small business vendors and have
80 panelists on stage and employ,
you know, you're talking about economic impact,
we employing people from security to AV
to a variety of different things that, you know,
these are things that's not talked about,
people don't understand it
because they've never done it, right?
You can't fully understand something
so you actually do it.
But these are things that like we see in real time
so we know what it means to the city of Atlanta
and what it means to just our culture period.
But as far as other variations of success,
when people make money.
So the vendor marketplace,
that's a great opportunity for anybody,
small business to make money.
From people that's coming from the pitch competition
standpoint, from people that's actually attending,
there's no way you can attend three days
of full workshops, panels, and not learn something,
but then also networking that happens, right?
You might meet a business partner,
you might meet somebody that wants to invest
in your company, stuff like that.
So bringing that many people together,
we keep on elevating the experience.
We add things to it, we see what we could've did better
the year before, and that's why I think the essence thing
is kinda disheartening, because a lot of people
just wanna criticize.
But they have, what have you done?
Yeah, take the risk, take the risk to be criticized.
19 Keys said something to me that was extremely insightful.
He was like, don't destroy something
if you don't have a better alternative to build.
That's right.
Like you know what I'm saying, like if you're gonna destroy
it, make sure you can build something
that's two times better than what you destroy.
99% of the population, they wanna destroy something
with no alternative.
So it's like, okay, you wanna destroy essence.
It might not have been perfect,
but what is gonna be the alternative?
Who else is gonna give all of these opportunities
to different businesses and employ people
and bring economic empowerment?
And like, this is a real economic impact
that's actually happening, right?
So okay, let's say it just goes away
and there's no more Essence next year.
Then what?
Then what?
Like, you know what I'm saying?
What does New Orleans have?
What does all these black entrepreneurs have?
What do these local restaurateurs have?
Yeah.
Like, you know what I'm saying?
Like, nobody ever thinks about that.
Like, you wanna destroy something
with no viable option of replacing it.
Yeah, a lot of these people are making it
a year in a weekend.
Like that happens and you take that away.
I mean.
That 100,000.
Oh shut up man.
That 100,000 in a weekend is mad.
You know what I'm saying?
So I wish y'all much success man.
More conversations like this.
I love having conversations with y'all.
Me and Shah talk all the time but you know,
I really do hope that y'all make the critics and the haters even more mad this year.
I really do.
I appreciate it.
I hope that Invest Fest pisses them off again this year.
I'm sure it will.
I really do.
That's another sign of success,
whether you realize it or not.
We got you to help us.
I'm there.
There we go.
There's only one person who hasn't been there in the room.
Who?
Jess.
Jess with the mess.
Yeah, I see my friends up this motherfucker.
I see you, you're 85, so I'm pretty vegan.
All of that.
And I ain't get invited, y'all ain't call me.
We'll call you right now.
All right.
We'll call you right now.
Hey, I call Jess.
I would love to, shit.
That's the shit.
Yo, remind me to call Jess about Invest Fest?
Yes, please do.
Before we leave, I just wanna say,
so if you want tickets, investfest.com,
there's still a couple of vendor booths left,
and it's August 22nd to August 24th in Atlanta, Georgia.
And once again, thank you guys.
We don't take it for granted that you let us come up here.
A lot of times, whenever we need to do something,
you let us come up here.
So we definitely appreciate you guys
for the platform that you've built
and the hospitality that you've always shown us.
Thank you, brother.
What's the website? Investfest.com. Get your tickets now. Thank you brother. What's the website again? Investfest.com.
Get your tickets now, earn your leisure. It's the Breakfast Club. Good morning.
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