This Week in Startups - Wisdom of the $TAO: the future is decentralized AI

Episode Date: March 6, 2026

This Week In Startups is made possible by:Every Banking - https://Every.iohttps://Lemon.io - Lemon.io/twistWispr Flow - https://wisprflow.ai/twistPlaud - https://plaud.ai/twistRo.co - https://Ro.co/Tw...istToday’s show:*Sure, we all love open source models, but what about completely decentralized AI? Rather than leaving the big decision-making in the hands of a few elite CEOs, shouldn’t users have a say — and potentially even a stake — in how this incredible technology develops?On TWiST, we welcome Ala Shaabana of Crucible Labs, one of the co-founders of Bittensor. It’s an open-source protocol powering a blockchain-based machine learning network. What does that mean? Users mine a crypto token — $TAO — but rather than using up their compute on solving extremely long equations, they devote it to actually powering a range of innovative AI apps (aka subnets).Plus we’ve got Mark Jeffrey, co-founder of the Bittensor Fund Stillcore Capital, to show us some of his favorite subnet projects, and walk us through how he trained his AI agent to mine crpyto.All that AND two amazing new OpenClaw demos.Mark Jeffrey: https://x.com/markjeffreyStillcore Capital: https://stillcorecapital.com/Ala Shaabana (Crucible Labs): https://x.com/CrucibleLabsMichael Ryaboy (Setup Claw): https://setupclaw.com/Pete and Maddie Reese (Bizzby AI): https://bizzby.ai/Timestamps:00:00 Intro01:28 Plaud: If your work depends on conversations — interviews, meetings, calls — you need a Plaud NotePin. You can check it out at https://Plaud.ai/twist and use code TWIST for 10% off!04:11 The booming intersection of crypto, and AI agents05:49 Mark Jeffrey joins the show!06:13 Bittensor explained — how TAO subsidizes AI products07:37 Mark’s top Bittensor projects00:10:40 https://Every.io - For all of your incorporation, banking, payroll, benefits, accounting, taxes or other back-office administration needs, visit https://every.io.00:12:20 How subnet tokens work00:17:34 How the Crucible Labs wallet simplifies subnet token allocation00:19:33 https://Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist00:22:42 The importance of private inference and encrypted AI prompts00:29:36 Wispr Flow: Stop typing. Dictate with Wispr Flow and send clean, final-draft writing in seconds. Visit https://wisprflow.ai/twist to get started for free today.00:33:07 How AI is restoring old movies and media!00:40:57 SetUpClaw’s “set it and forget it” AI agents00:45:50 https://Ro.co: Ro’s insurance checker will let you know if your coverage includes GLP-1s for FREE. Go to https://Ro.co/Twist for your free insurance check.00:54:35 “Off-duty” with Lon and JasonSubscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.comCheck out the TWIST500: https://www.twist500.comSubscribe to This Week in Startups on Apple: https://rb.gy/v19fcpFollow Lon:X: https://x.com/lonsFollow Alex:X: https://x.com/alexLinkedIn: ⁠https://www.linkedin.com/in/alexwilhelmFollow Jason:X: https://twitter.com/JasonLinkedIn: https://www.linkedin.com/in/jasoncalacanisCheck out all our partner offers: https://partners.launch.co/Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarlandCheck out Jason’s suite of newsletters: https://substack.com/@calacanisFollow TWiST:Twitter: https://twitter.com/TWiStartupsYouTube: https://www.youtube.com/thisweekinInstagram: https://www.instagram.com/thisweekinstartupsTikTok: https://www.tiktok.com/@thisweekinstartupsSubstack: https://twistartups.substack.com

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Starting point is 00:00:00 All right, everybody, welcome back to Twist. It is Friday. It is March 6th. It is 2026 or in the year of our overlords, A.O.41, which stands for Lon Harris. Oh, it's after OpenClaw. It's 41 days since we first discussed OpenClawe on the show, AO 41. This week in startups is brought to you by WhisperFlow. Stop typing.
Starting point is 00:00:25 Dictate with Whisperflow and send clean final draft writing in seconds. Visit Whisperflow. A.I.S. Twist to get started for free today. That's WISPR flow.com. A.I.S.T.T. Building a great team is essential to any business. Lemon is a marketplace of vetted, experienced engineers ready to take your company to the next level. Get 15% off your first four weeks of developer time at lemon.io slash twist. And every. For all your incorporation, banking, payroll, benefits, accounting, taxes, or other back office administration needs, visit every.io. We've said AOC for a while, but that's already somebody's initial.
Starting point is 00:01:11 Yeah, we can't go with AOC. I like AOC personally as the designation, but we'll go A.O. 41. It rolls off the tongue. And, you know, there's so much going on in my world right now, Lon, so much that I need. to keep track of things. You know me. My mind runs. It just races. My mind is racing now because there's so much going on in the industry. I'm doing four or five podcasts a week. So you know how I keep track all this? I think I do. This little pin here. I have a plod pin and I have to applaud because I just press this button at the start. You have one too. It's right here. I'm going to suggest that you don't ruin the nice suit I got you and you use the metal backing as opposed to the clip.
Starting point is 00:01:54 I'm clippin it. You're a clip guy? I'm a clipper. I think this is more elegant. Anyway, I press the button, the red light goes on. Everybody knows I'm recording, so I'm not like breaking. And this is a recorded podcast. It's live to thousands of people and it goes out to hundreds of thousands of people. Anyway, then I can say things to this like, hey, action item, action item. Find a community manager to work on the podcast. So we can do community manager stuff, get the discord. Then I don't forget. And then I say, oh, you know what we should do. Action item. Let's try for a freelancer. And can you write me up a JD and give that to my open, claw, replicant.
Starting point is 00:02:29 Yes. Roy. This is the real power of it, I think. Like I, a lot of the time when I'm driving into work, because, you know, you're, you're starting to think about your day. You're sort of getting it. I come up with ideas like, oh, I should email this guy. We should get that guy on the podcast.
Starting point is 00:02:43 And I used to just have to like keep it in my brain until I got to my desk and I could type it out. And now you just hit the plug pin. And then you can send all the docs that you're making with your plug pin to your agent. And that's where the real magic. Correct. And you know, like I have this. this at the side of the desk, but sometimes I forget to bring it with me. This I don't forget.
Starting point is 00:03:02 Who even remembers how that stuff works? It's been so long. I don't even think I could use a pen and paper anymore. So get applaud. I applaud, I applaud. I have the applaud pin. I've got the Plaud Pro on the back of my phone. I don't miss a beat, folks. I don't miss a beat. I don't miss a great idea. I don't miss somebody I need to admonish for doing something. Wouldn't want to miss that. Yeah. So if your work depends on having conversations, doing interviews, conducting meetings, taking calls, anything like what we just talked about. You need a plod note pin. Check it out at plod.a-i-slash-twist.
Starting point is 00:03:35 That's p-l-a-u-d.a-i-slash-twist. And if you use the code twist, they're going to give you 10% off. I'm going to gift my friend Mark Jeffrey. One, do me a favorite. Oh, look at that. I'm going to send Mark. Nice.
Starting point is 00:03:46 That's where you have it. Tell your plot. We've got a full show for us. My God, too much show. My friend, my partner, Mark Jeffrey is here from Stilcour Capital. How are you doing, Mark? I'm doing great, Jason. Thanks for having me on, as always. Yeah, good to have you on because the intersection between AI, open claw agents, and crypto,
Starting point is 00:04:06 you know, I famously a couple years ago, I said, listen, if you're in crypto, pivot to AI. I'm not prepared to say, hey, that was good advice, by the people have given me. Every time Bitcoin goes back down into the 60s, somebody retweets it. Oh, that was, and I just nailed it. Do you remember we were office shopping here in Austin and we went to this office and they had that tweet of yours printed out and framed. They didn't know it wasn't for our benefit. They didn't know we were coming.
Starting point is 00:04:31 That was just part of the decoration of their office if you're into crypto pivot to AI. That was the wisdom. Yeah, so the crypto people will dunk on me for that, but here's the truth. There is some great innovation. I just did an interview with the new head of the SEC on All In. That'll be coming out on the All In interview show next week,
Starting point is 00:04:47 Chairman Atkins. And then I also had Seelig, the CFTC head. And so Chimov and I just did a great interview with them. We taped it recently. it'll be coming out next week. And they are really laying the groundwork for making crypto legit. And they're going to take it back from all these offshore locations and bring it back to America. So this is a great thing.
Starting point is 00:05:09 So I am not saying pivot from AI to crypto. That would be foolish. But I would say, keep an eye on crypto because there are things that crypto is, you know, just, I think at the end of this year, are going to be able to do legally. and already starting to do legally, that could be quite material in AI, and that's why I wanted to bring you on. Maybe you could tell everybody what you're working on today. And when I see you pushing your chips, because you're a great investor,
Starting point is 00:05:38 and you've always been ahead of the curve, people can look up Mark's Wikipedia or Grockapedia page and see all the innovations he's seen. I don't know, he's typically 18 months ahead of everybody else, and he's probably nine months ahead of me. So I always go to Mark, hey, Mark, what are you thinking about? tell everybody what you learned over the last two years and why it's important and where you push your chips. Yeah, so my chips are pushed on a thing called BitTensor, and the coin for that is Tao. And it's a very interesting new phenomenon.
Starting point is 00:06:06 It's basically taking Bitcoin's mining side and making that programmable on a new chain. So it's not on Bitcoin. It's on his own chain, the Tao chain. And by making the mining side of it programmable, it incentivizes 128 subnames. which are sort of like companies to build new AI products. So there's $100 million a year that are handed out basically as a subsidy, just like how Bitcoin hands out new bitcoins to miners, right, to subsidize its own growth.
Starting point is 00:06:37 The BitTensor chain hands out Tao to subsidize the growth of new AI products. And it's been, it's doing some very incredible things, very, you know, we're only about four years into it. The last year in particular has been pretty incredible. So, Lon, this is important because, You know, we talked about the project known as Bitcoin, the tip of the spear that got everybody engaged in this. But the math problems and all the CPU was going towards busy work. Right.
Starting point is 00:07:04 It was not actually serving a purpose other than, you know, establishing the Bitcoin network, which was an important thing to do, but it also was using a lot of energy. Right. And this was a big knock against Bitcoin in the early days, if you'll recall. Oh, it's so wasteful. We're using all this power. so that they could crunch these numbers and that we don't even need the numbers to be crunched. And it's just the, you know, like, that was, this was a huge knock against Bitcoin in its early days, was that we were wasting all this power, just solving these problems so we could create this artificial scarcity.
Starting point is 00:07:37 So, Mark, take us through two or three of the most important inspiring projects. And then for full disclosure, you were starting a fund to take advantage of this called Stillcore. And I joined you as a partner in that. I put some of my chips in. I think I'm going to be ready to put some more chips in. I'll be honest. This year I feel, I'm feeling a little frisky. Take us through maybe two or three of the projects.
Starting point is 00:07:58 If we could show them on the screen, even better. But what's inspiring and interesting? Yeah, let me, I don't have anything ready for the screen. But let me just respond to your request. So, Jason, the biggest news in BitTencer in the last 24 hours has been the launch of Ridges Subnet 62's product. Now, it's a vibe coding platform. It competes with Claude in Cursor.
Starting point is 00:08:19 And basically it's scoring 73 to 88% on the SWI benchmark test, which is sort of like the SAT that measures how effective a vibe coder is. So it's comparable or better than Claude. And it's scoring 96.3% on the polyglot test, which is a different version, a different benchmark, but measuring the same thing. So the price that they're launching at is $29 a month. So it's five to seven times cheaper than Claude Codex at a comparable benchmark. So it's the same or better in terms of quality.
Starting point is 00:08:59 And it was built on BitTensor for roughly $10 million in emissions from the chain, while Cursor had to raise against a $29 billion valuation to accomplish the same thing. So pretty interesting. Okay. So this is a co-pilot for developers running on the BitTensor network. It's one of the subnets. So you can go buy tau, like you buy Bitcoin. And I don't give financial advice, but if anybody's listening and you had a hundy
Starting point is 00:09:28 that you were going to spend on some margaritas, I'm going to say, maybe drink some water, a front of net, get some filtered water, tap, whatever, have a nice tea. Put the other $99 into just buying a little towel for yourself. Why not? So this Ridge's project, now, is this an open source? project? Is it a fork? Where is the code base coming from? The codebase is coming from the miners. So basically the miners compete with each other to improve the efficacy of the ridges product. So just like, you know, like Bitcoin does, what Bitcoin does for stranded energy, BitTensor does for stranded
Starting point is 00:10:06 talent. So anyone anywhere in the world can compete. And the miners that are improving the subnet 62 product, they're earning something like 50K in subnet tokens per day. So, you know, if you win, yeah, if you win the contest, you know, you could, you could make a million dollars very fast if you're the best in the world, right? And you're some guy in Turkey and you just, you can't get to Silicon Valley. This is a way for you to earn and own part of the AI revolution. And that's one thing that's great about crypto, right? So you can't really do this in any other way. So it's pretty interesting. No founder starts a company because they're eager to spend hours and hours filling out their payroll and setting up an HR department and just,
Starting point is 00:10:49 doing their taxes and accounting, why do we start companies? We want to build a great product or service. We want to fix a problem in the world. And as we all know, these chores pile up and they become a huge cognitive load. They become a distraction. You don't want to spend your time learning how to do these chores at a high level. No, you want a partner who does them perfectly. So why don't you get a partner like every. And they'll take care of all these administrative tasks for you in one convenient spot. That means incorporating banking, credit cards, payroll, HR, bookkeeping. And of course, filing your taxes. That's something you cannot get wrong.
Starting point is 00:11:23 That's table stakes, folks. This whole system was built from the ground up for founders just like you and me. So Every already knows your most pressing questions and the features you need most. They're going to give you 3% cash back on all your company purchases sent directly to your bank account. So it's time for you to visit every.io for all your startup needs. Every. dot i o e v er y dot i oh so unlike if you were making commits to open claw you get um you know some kudos and you get to feel good fantastic you're helping humanity open source is a gift to humanity fantastic it's democratizing
Starting point is 00:12:02 but here there's an incentive layer which is the subnet tokens so i make this coder this co-pilot better I make some tokens, and then I can put those tokens, and I don't just get a high five. I won a contest to fix something in the product, and I get to put that in my wallet. Instead of going to work for Cursor, is that a way to think about it? I could go work for Cursor as a developer. I could work on this open source. That is exactly correct. Okay.
Starting point is 00:12:32 That is exactly correct. And when you earn the 50K worth of Subnet 62 Ridges tokens, you can hold on to them. Well, you can cash them right out, right? So you can get the 50K and put it in your bank if you want. Or you may choose to hold on to them because the market cap of ridges right now is very low. It's like around $30 million compared to cursors, $30 billion with a B. So there's a right. So if I'm not a developer and I wanted to buy that subnet, that's different than buying
Starting point is 00:13:01 dollar sign T-E-A-O, correct? Correct. How does one buy that? Because Dow is listed on Robin Hood and Coinbase now or not yet? Tau itself is on Coinbase. I'm not sure if it's on Robin Hood. It's not. I don't think it is.
Starting point is 00:13:17 I've looked for it before. But Tau you can get a coin base. I've actually gotten on Coinbase, so I know it's on there. So you can get it on Coinbase if you want to have the top level. But explain to people in plain English how the subnet versus the $177. Tao works. Yeah. So you have to stake the Tau to get the subnet tokens.
Starting point is 00:13:34 And you basically need to get a BitTensor wallet. And a great bid tensor wallet is the Crucible wallet, which Ala will talk about. down the road here on the show. What a segue. Yes. But that is his product, right? To make it easy for people to get into these subnet tokens, right? It used to be hard over the last couple months.
Starting point is 00:13:51 It's become a lot easier. And Crucible is leading the way and making it easier for people to do that. All right. So let's introduce Alaa. Yeah. So let's talk to our next guest, Al-Shabana from Crucible Labs. Now, not only the co-founder of Crucible Labs, that great company makes the wallet we were just talking about,
Starting point is 00:14:09 but he's the co-founder of BitTensor itself and the Open Tensor Foundation, leading the development and maintenance of BitTensor since 2019. And Crucible Labs, of course, invest and builds within the BitTensor system with a focus on decentralized AI. Alla, thank you so much for being here. Thank you so much. Having you guys. Appreciate it.
Starting point is 00:14:28 You've heard sort of the setup here for BitTensor, and you've got a commercial company that makes a wallet. This is a venture back company, a company that you just self-funded. It's a company we've self-funded, yes. Got it. So this is like being in the early days a la of Bitcoin where, I don't know, Mount Cox came out, some wallets came out. There were lots of different small projects.
Starting point is 00:14:54 You found a blocker. It was very hard for people to know how to get the subnets tokens into their wallet. And that's what your wallet allows people to do. And they could just sign up. And it works, I guess, similar to the early days of Bitcoin. Yeah. Similarly, yes. So to kind of put it into a context, when we first launched the subnets, when effectively people were able to speculate and kind of look into each project and try to basically invest into it, I found myself effectively day trading because I'm just looking at each project and evaluating each one and seeing which one works and if one doesn't.
Starting point is 00:15:27 I found that sort of it took up most of my time. And the better idea was to actually create an allocation mechanism to really kind of take my rewards that I'm getting on the tensor. and effectively distribute them towards the top of forming subnets. And that's sort of where the idea for Crucible Labs' wallet was started. And that it becomes a very hands-off thing. You literally stick and forget. You place your towel within the Crucible Labs allocator, and it will basically allocate the rewards you get from your principal to the subnets.
Starting point is 00:16:02 Got it. Okay. So maybe you could give us your thoughts on why you. you're so obsessed with this project. And if this succeeds, will these subnet tokens make their way onto Robin Hood and Coinbase? And then why is that a blocker? How does that work? Do I have to call Vlad and say, hey, open this up? Because I can talk to him about it. Or I can email Brian Armstrong. I'm assuming they're aware of this, but usually they're fast. Is there a blocker here that we don't know about Tau itself, T-A-O, is acting as a medium towards access to all of these subnets.
Starting point is 00:16:44 You're unable to really, I want to say buy and sell these without going through TOW in the first place. And as a result, effectively, these exchanges will have to really go through that process first before they're able to even allow users to buy and sell. So this is not quite a blocker, but it is more a mechanism to ensure that A, Tau itself, represents all the subnets, and at the same time, the value accrual of the subnets is reflecting back into town in the first place. So as a result, there are some exchanges that are looking into listing it in this way, but it is a bit of a process because there's also things like legal K-YC on the subnet themselves that they have to go through. Each subnet has to go through effectively
Starting point is 00:17:21 the same scrutiny that Tao went through before it was listed in the first place. And there's a 120 piece. So it takes a while to do that. Actually, Cracken is ahead of everyone else. Cracken is a top validator on the BitTensor blockchain. So they are very active in our space. They do not yet list subnet tokens, but being a validator would be the first step to doing that. And as an investor and partner in Stilcour capital, I assume, you know, this was part of your original premise that you're dipping into the subnets and making investments across those, yeah? We are. Yes, that's in fact our charter to invest in subnets. Yeah. And so that's what you do. You have this premise at Stilcour. Hey, we know that Tao has the potential to, be the next Bitcoin, Ethereum, whatever it is. It's not guaranteed. Nothing is. This is a bit of the wild west. This is, you know, again, back to tip of the spear. But after you make that bet,
Starting point is 00:18:19 you're making the second bet. And the second investment is which one of these will break out? And so we just started talking about this new revolutionary concept of, hey, what if you could replicate cursor? So then my question is, if it's only worth 30 million, that is the lowest evaluation of people in the space. How do you evaluate that as an investment? Yeah, I mean, we look at these, we look at these subnets like you would look at startups, right? And you know, I come out of that world, right? So it's the same lens. It's what's the total addressable market. Is this product actually competitive in that market? Does it have a significant advantage? Is it, you know, what's the team look like? You know, what is,
Starting point is 00:19:02 how good, how good are they at marketing, right? Because it's not enough to make the best product. you have to market it the best also. So if you kind of can come out and check all those boxes, in each one of the companies or subnets that we've invested into date has checked all those boxes. So we've announced three investments. Ridges is one of them. Targon is another one, Subnet 4,
Starting point is 00:19:23 and they provide very, very cheap inference. Oh. And then, yes. Great. Inference based on, tell me the name of that one again? Targon. Subnet 4. Targon.
Starting point is 00:19:33 Okay. Building out your team is one of the most crucial. things you have to get right in your startup and finding the right developers is particularly important but now there's lemon.io they're going to save you time money and headaches by doing all the time consuming legwork for you they've got an experience lineup of pre-vetted developers working for competitive rates just one percent of applicants are accepted into lemons elite program and they're not just out there finding this great talent they're also working with you to integrate these new members into your team. Plus, if it's not a good fit, hey, and sometimes things don't work out,
Starting point is 00:20:08 Lemon will hook you up with a new developer ASAP. I've seen startups go from just pretty good to amazing after filling out their teams with developers from Lemon.io. Go to lemon.io slash twist and find your perfect developer or technical team in 48 hours or less. Plus, Twist listeners get 15% off their first four weeks. That's Lemon.io slash Twist. L-E-M-E-M-E-M. M-O-N-i-o-S-T-T-SHIS. So that subnet number four, Targon is doing inference, which means instead of me sending something to Claude, Opus, and, you know, paying for it, I can go to Targon and have my OpenClaw do inference there.
Starting point is 00:20:52 Is that what's possible? Yeah, so it's, you can do that. So Targon supplies its industrial grade inference, so it's private. Oh, okay. So, right. So, right, you've heard about this. I know you've been talking about this lately, right? So private inference, your prompts are not consumed and used to retrain, you know, some big
Starting point is 00:21:12 company's model. Yeah, we just had Eric Voorhees from Venice AI on the other day talking about this same thing. He's also doing private AI. Yes. So, but this is provably encrypted end-to-end. They have a trusted execution environment. You do have to pay for the inference, right? So it's not, it's not free.
Starting point is 00:21:29 They're a company, right? So, and they actually do have investors. So they are a traditionally venture back company as well. Their investors include Toby Ludke, who founded Shopify. And yes. And Ram Shriam, who was the first investor in Google. So yes, I've got some blue-chip investors as well. Okay.
Starting point is 00:21:46 So that subnet is a for-profit corporation. And in addition to that, there is a subnet token to incentivize people, I'm going to guess here, to put up infrastructure hardware, to provide the hardware, or are they standing up their own hardware as a company Targon? Nope. Targa, I mean, Targon probably has their own hardware, but the bulk of it is served out of their mining network. And people are supplying the inference to the Targon mining network. Now, there's some rules. They have to run the trusted, trusted execution environment and the setup that Targon dictates to them. But if they do that, you know, whoever supplies the most inference to Targon to resell gets the most Targon subnet four tokens as a miner.
Starting point is 00:22:32 Got it. So there's two ways. As you can see, like Bitcoin, there's so many picks and shovels and services and application layer here. There's all different places to invest. Targon obviously has some AllSar investors in their corporation. But another way to make an investment in Targon's vision is to buy the subnet token. Correct. Okay. And we've done that from Stillcore. Fantastic. Yeah. Yep. And the third investment that we've made is in Hippius, which is the centralized store. So kind of similar to Filecoin, but, you know, done in the BitTensor way. This one is less interesting to me because storage is such a commodity. Why would you consider this one if storage is a commodity? First of all, the price for Hippius is quite a bit lower than everyone else, including FileCoin. So it's 400x to 4,000 X less expensive. So they've been able to very, very significantly shave off the price.
Starting point is 00:23:29 And they also are very good at the hippies token, the tokenomics for hippies are very interesting and very novel. They have deterministically tied the value of the hippiest token to the increased usage and increased revenue of the hippiest product. So you need the hippieus token to mine. So you must stake hippies to mine. So it's a stake to earn, right? So basically they've got all these things that are continuously driving demand for the hippiest token. there is no scenario in which Hippius, the product and the revenue does very well, but the token does not. So that was a very interesting new innovation.
Starting point is 00:24:04 Got it. So this is one of the challenges in crypto is where does the value accrue to? And they have solved for that. And that was one of the reasons in your investment thesis of why to engage with this project. Again, Hippius, private corporation as well with investors in the corporation, I assume. Where does the hard drive space come from? The miners supply the hard drive space. So storage is provided by the miners.
Starting point is 00:24:29 The miners must be extremely performance. So they're very snappy about serving up the file. They have to be online all the time so they can't just, you know, go offline randomly. So the quality of service that they provide and the amount of storage that they provide is the criteria that is used to award subnet tokens to them with each mining contest. So we keep talking about miners. Who are the miners in these systems typically? What is the profile of that individual corporation, hacker, zealot, early-we-we-we-weber? It's like Bitcoin miners.
Starting point is 00:25:04 It's exactly the same thing. There are people from all over the world. There is no onboarding K-Y-C process. It's permissionless mining, just like a lot of crypto. So I have, it could be, I'm just taking a guess here. I'm a company, like maybe a digital ocean or something. And I've got massive storage that I haven't sold yet. just making this up.
Starting point is 00:25:26 I don't know that DigitalOcean has done this, but you could pick another hosting provider. Hey, I've got these hundreds of terabytes that I'm not using. I'm putting online every day waiting for a customer. Hey, why don't I just throw them in here, get those hard drives warmed up and monetize them while I'm waiting. If I can make some amount of money on them while I'm standing them up, hey, great.
Starting point is 00:25:46 And then maybe they will perform better, and the token reward will accelerate. And that would be better than me, selling it to a customer. Correct. It's exactly like Uber, right? Like if you have those unused cars that aren't, you know, doing anything, you might as well put them on the Uber network and drive around to make some money, right? Same thing, just with storage. Allah, when you look at the Mark's bets there, what do you think of his bets? I'm looking for a little outside validation here. Walk us
Starting point is 00:26:13 through those three projects and tell us, if they succeed, how could they impact the infrastructure and the future of the intrawebs. First off, they're very solid. That's well done, Mark. The one other thing I wanted to mention is there is, all these products have a very interesting entry points into the real world, which I think is a problem that a lot of crypto suffers from. You know, if you go to really any crypto conference,
Starting point is 00:26:42 you always see these projects that are marketed from crypto people to crypto people, but there's very few that actually hit everyday users. And I think that's what the entire industry is missing. And I think the first project to solve this are the ones who are going to be the ones really reaping the benefits. And I think whether it's Hippius, Targon, or really any other subnet on the BitTensry ecosystem, whoever has that first is a bit of an arms race happening right now within the ecosystem, which is rather exciting. But those who actually get there, and I think BitTensor does have the potential to get there first, those are the ones that are going to benefit the most.
Starting point is 00:27:15 whether as the teams themselves, which is another point that I like to evaluate when I'm looking into subnets, each team behind those subnets has, I want to say, a solid pedigree within the ecosystem. For example, Targon actually, that's a good shout-out to this EEO, but he actually is one of the first people that mine done BitTencer when we first started back in 2021. So he has a very in-depth knowledge, understands how the system works. And so this is the kind of person I'd be betting on. So I think all three of those bets are very solid.
Starting point is 00:27:41 Mark has actually built an open-cloth skill that I think we have to take a look called vibe miner, it sustainably and profitably mines a token, S-N-85. Video? Is that how you're, am I saying you right, Mark? Vidaio. Yeah, Vid-I-O. Oh, Vid-I-O, of course. I don't know how to pronounce it.
Starting point is 00:28:00 I've just seen it written, but yeah, but good guess. Can you show us a little bit of how this works? I have a screenshot here in the dock if that's the best we could do. Yeah, just do that, just show the screenshots. All right, so we'll pull up the screenshot for the dock. So I can describe it. I can describe it. Tell us about why OpenClaugh and crypto mining are a good fit. I was fascinated by this. Yeah. So, you know, I watched you guys, right? When Claw came out, you guys loaded it up right away on your machines. I waited until there was a hosted Claw before sort of diving in.
Starting point is 00:28:30 And then I thought, like, how can I apply this to BitTensor? And I've always wanted to be a minor on BitTensor. But it's usually a lot of a lot of sort of cis admin work. And, you know, just stuff I don't really know how to do. Right. It's not my, it's not my, it's not my, it's not my, Forte. So when Claw came around, I was like, oh, I'll just have my claw become a minor on a bit tensor subnet. So I had the Claw actually choose which subnet to mine. So it's mining subnet 85, which is video compression. It's using AI to both upscale and compress video. And it does it 50 to 90 percent cheaper than anyone because it's using BitTensor contestonomics to do it. And I am now one of the people upscaling and compressing. And I have to do it within 60s. seconds of getting a request from the validators. And I'm using BitTensor infrastructure to do this. So I'm using Hippias for the storage, right? So I'm getting 400 to 4,000 percent off, right, on
Starting point is 00:29:26 the storage. And I'm using Targon for the machine that I'm using to actually do the video crunching. So again, I'm getting, it's like one-tenth the cost. Hey, listen, sometimes I'm thinking faster than I can write everything down. And I found this amazing tool. I am a obsessed with it. It's called whisper flow. W-I-S-P-R-F-Low. All you have to do is talk. And Whisper-F-F-L-L-Turns it into crisp, perfect writing instantly. Not just talking about dictation, but removing filler, fixing punctuation, and even formatting your text while you speak. It is mind-blowing how good this is. It makes all the other dictation software look basic. And whisper-flow matches your natural tone and speaking voice. So the writing sounds like you actually wrote it
Starting point is 00:30:11 yourself. And whisperflow works wherever you are. I use it when I'm in Slack. I'll use it when I'm in superhuman, doing an email, doing a message. I'll jump into I message. And even when I'm writing a document or I'll even use it when I'm talking to my open claw agent. Finally, someone I can talk to who actually takes down everything I say. Unlike maybe the interns I've got, they get like six out of every 10 instructions correct. Whisper flow. Everybody's going crazy about this product in Silicon Valley. Everybody in is using it, whisperflow. A.I.S. Twist. It's spelled W-I-S-P-R-F-L-O.
Starting point is 00:30:47 Dot A-I-S-T-T-Sach. Incredible product. You have to try. So, and I've been able to make it profitable, but not sustainable. So it cost me about $10 a day. There's about $3,000 being handed out by the V-I-O network per day to minors. I am making about $30 per day. Wow. And it costs me $10.
Starting point is 00:31:08 So it is profitable. However, after the immunity period where new miners basically get for like 24 hours, I usually last another 24 hours until more excellent miners kick me out. As Jason likes to talk about the age of excellence, Mitt-Tenzer is the most ferocious form of capitalism in age of excellence that I've ever seen. So I get booted out frequently. And I've not figured out how to stay in the rankings, but I'm working on that still. Okay.
Starting point is 00:31:35 I got to repeat this back to you so I make sure I understand what's happening here. There are a bunch of distributed services being empowered by BitTensor that lower the cost of doing common jobs. A common job is, you know, or a large job, you know, I don't know, programming a large language model or processing large video jobs. Yeah? These are large jobs in the world. So you're doing arbitrage saying, I'm going to use the lowest cost BitTensor network for storage. I'm going to use the lowest cost bit bit tensor network for storage. I'm going to use the lowest cost bit tensor for inference. Yeah, well, I'm actually just using the machine. So it's not really inference in this case. Just machine using GPU, or CPU, whatever it happens to be processors. So then you're sending the jobs
Starting point is 00:32:27 through this machine now that is grinding down to the lowest cost possible. And what this does is, It creates a free market incentive to just lower the cost of compute across storage, across programming co-pilots, across video processing. Is that the core job here? Is video processing? Yeah, this is using AI to compress video. Right. And up scale it.
Starting point is 00:32:53 Who's doing those jobs? I'm just curious in the world. I don't know. Oh, so I couldn't tell you. Oh, well, there's all those apps, too, that's like take your old photos, take your old grainy videos, upscale them, make them look high-depth. Like that's a big thing. And especially Hollywood does it all the time.
Starting point is 00:33:07 Like they're using AI to like make Blu-Rays or make 4K restorations of older films and TV shows. So yeah, there's a lot of upscaling with AI being done right now. You know what's so interesting about that, Lon, we had this whole thing where they were trying to preserve these final prints of, you know, amazing movies. And like they would have some number of, you know, minutes in a print that were, you know, decomposing. Right. Yeah, because the old film stock would start to decompose, yeah. And in all likelihood, AI could not only restore it to its previous glory, it could restore it to a glory that the film was not capable of at the time of shooting.
Starting point is 00:33:51 It's a little bit like what we saw at the Wizard of Oz at the sphere. Like, they can use AI to not just restore the original image to look like new. They can add stuff in the background. They could blow it up to a different act. aspect ratio. They can put stuff in the background that wasn't there. I mean, you could, the sky is the limit with what you can do with this technology to old films.
Starting point is 00:34:11 When you think about that, Mark, the idea of losing art in the world to physics, you know, the Mona Lisa, you know, some great film, all these Grateful Dead shows that were bootlegged, not only could they be restored to their previous high watermark, they could be restored to a higher Mark. You could really, you could. I mean, you're already, can see it. Like, if you go by, like,
Starting point is 00:34:38 the dualists, that Ridley Scott movie on Blu-ray, you're seeing it crisper with more detail than people saw it when they went to the theater in the 70s. If we were to, I'll think about what could happen with infrastructure in the world,
Starting point is 00:34:52 AI agents now could be examining the BitTensor network. I'm sure somebody has it. You came up with this clever idea, Mark, but your agent could go find 10 similar opportunities, yeah, Allah? And we might be in a situation where we've just got
Starting point is 00:35:08 a, I wouldn't call it a death spiral, but we would have a compression of costs that would just be relentlessly being pursued, not in a human sense of being relentlessly pursued,
Starting point is 00:35:24 but in a 24-7, 365 billions of tokens pursuit of lowering costs. Yeah, I think it's quite possible that it could happen. But I think at the same time, it will actually push competition in my honest opinion. I think that's actually going to be great because it costs is one thing, but there's also quality that comes out to it as well. I think that's what a lot of, a lot of these projects that are fairly new tend to overlook a little bit
Starting point is 00:35:52 in that they will provide something at lower cost than everybody else, but they'll also be cutting quality. So I think that eventually these agents are going to be balancing between how well these tokens are they're pulling out or how well these services that they're pulling out compared to how much the cost is going to be. And I think eventually it's going to balance out to a specific ecosystem. I think the tester kind of has the advantage there
Starting point is 00:36:12 because we have 100-trainers projects and growing that can even compete within itself. And there is a foundation, Allah, that you're part of that sets the agenda for subnets? There is an open tensor foundation. That's effectively what was started. with the ecosystem, those myself and Jacob Seves, my co-founder. At this point, we are actually working on decentralizing even further.
Starting point is 00:36:37 So I'm no longer part of the foundation. I've started working on course a blast full time. Jacob Seves is also no longer part of the foundation. He's working on his own subnet. And so now the foundation itself is sort of, in a way, handing over the reins to the community. And now we're sort of following the exact same pattern as Bitcoin, where now the project is being maintained by really the entire community in itself. because it is open source and still anyone can contribute.
Starting point is 00:37:02 How does a new subnet emerge? Is this like doing a new top-level domain where there's politics and payments and, you know, or can anybody who's an entrepreneur say, I have an entrepreneurial company, I want to be part of this. I want to launch a subnet. Yep, absolutely.
Starting point is 00:37:19 Anybody can launch a subnet. There's no, it's permissionless, which is kind of the great thing about it. If you have a great idea, you come to the ecosystem to launch a subnet. Is there a certain amount of TOW tokens you need to launch one? and then what is the entry price now, then? There is a registration cost to it, and that cost is variable according to demand.
Starting point is 00:37:37 So according to how many people want to enter the ecosystem, the cost will go up. If there's less people to enter the ecosystem, the cost will go down. It's a bit of a moving average sort of thing. Got it. And how many subnets are allowed to be made, Mark? Is there like a cap on that? And what's the cost now? Yeah, at the moment there's a cap.
Starting point is 00:37:55 It's 128 subnets, but down the road, not too much further. We don't know exactly when, but soon-ish, that cap will be removed or grown. The cap is there to create quality, right? So we don't want sort of a free-for-all like we've seen on Solana with Pump. Fun. You know, we don't want Pump. Fun subnets, right? So the cap is there to sort of, you know, make sure that the proper mood is set on the chain.
Starting point is 00:38:22 So it feels like the library, not like the party, right? So that's what we want. and yeah and the cost i haven't i haven't checked recently but it's it's been as high as a million dollars to buy a subnet um so it just depends on when you go look and i've seen it as low as like 100k so it depends on the price of tau it depends on what's available this is not uh going to be chaos it's going to be orderly let's uh mark and olive i could have you guys come back in 30 days and give us an update that would be really great for the audience because I think we've in people's minds here a bit.
Starting point is 00:38:59 And one of the great ways, I think, to create continuity here is just check in every 30 days. What happened in the last 30 days? What bets have you made? What have you added? So I'll see you guys on April 6th-ish. I'm going to put it on the calendar now. Okay. I made a note for my agent.
Starting point is 00:39:17 He's on it. He'll remind me. Okay. All right. And then nobody has to remember anything. Thanks, guys. Sit here and tell our agents to do it. Let's drop those guys.
Starting point is 00:39:24 It's pretty mind-blank. Oh my gosh. I want I'm going to put in I'm going to put in five or 10 K I'm going to get I love it. I'm I'm here for you making some bets exactly and for your future it's time you're you're going to retire what are you're 45 now how old are you? 47 47 okay so you're like yeah you're six years eight years behind me it's time to start thinking about like my nest egg so yeah you just a little bit I mean you need to have like little gray I would say at your age 20 percent in things that that can go to zero, but that could also go 100x would be really nice, right?
Starting point is 00:39:59 No, I mean, my salana is in that, is in that seat. It's down, it's down a lot, but I'm not giving up. I'm not giving up yet. I mean, I think it's like a wise bet until you find a better bet. Let's say, you know, your salana goes back to where you bought it or doubles. You can look at it and reevaluate and say, you know what? I'm going to pair 20% of this and put it into the next big thing. I'm going to pair 50% of it or I'm going to take some wins and put it into QK.
Starting point is 00:40:25 or something. Bit tensor, yeah. Or bit tensor, yeah. But 20% to that is, I think, a really good wager, a bet. You know, I like young people, especially since you don't have kids yet, you know, weren't me ever. Thank you for adding yet. Thank you for adding yet.
Starting point is 00:40:40 I appreciate that. Well, I mean, let me tell you something. This is going to be great for your retirement. You know, once you have kids, there's no retiring. There's just, you know, never-ending list of bills and complications coming. We've got Michael Ryeabold. He's here to show up, show us Setup Claw. Michael, good to have you on the show.
Starting point is 00:41:00 I loved this, Jason. I found this on social media. It is a sort of bespoke white glove open claw concierge service for founders and executive teams. If you need, you know, if a CEO, a CFO, a head of sales needs leverage without creating new security risk, they get personalized open claw service with setup clinic. Okay, so this is the Uber black.
Starting point is 00:41:22 This is the VIP level. upclaw.com, not going to Amazon or Cloudflare or popping up your own instance on your Mac Mini. This is, hey, I want to make something for my company. But I'm a CEO. I'm a head of sales. I need to make sure it's secure. And I need to make sure it's working. Basically, the story is, about a month ago, I go in and I go on Twitter and I say, hey, if you're anywhere in San Francisco, Then you can, I'll go to your house on a Lime Scooter and I'll install OpenClough for you on a Mac Mini. Now, this blew up, suddenly I have way more clients than I can handle. My stripe is blowing up.
Starting point is 00:42:07 And I'm thinking, okay, this is ridiculous. I install OpenClaught for some people. And I'm thinking, I'm having a terrible time. And then every time I install OpenClop for someone, they come to me a week later saying, hey, like this broke, that broke. So what I'm basically doing now is I'm going in. I'm building out custom agents for people. I'm still helping people with their Mac mini setups.
Starting point is 00:42:28 I think that's important. It's a lot of fun. Keeps, you know, keeps me fresh. But I very quickly became clear that, hey, like, this is not the right solution for most people. People need a SaaS. People need to just set their agents and forget it. People are busy. These are, you know, six, seven, eight, even nine-figure founders who are like just like,
Starting point is 00:42:49 they don't have time to configure OpenClawn deal with the bullshit. associated. So what we what I did is quickly I built the sass and this sass is I consider the easiest way to run open cloud right now. You deploy an agent and then you set your crons, you set how it works, you connect it has a full computer running. So here's like launch.co which you can just like you. And once you log in, you can save your authentication, but it also connects to you know a bunch of tools the goal is to eventually give every agent its own email its own wallet its own stealth browser so to get make it just like the most complete general horizontal agent platform available okay so open claw in a box well done are you still charging people for the
Starting point is 00:43:42 vip service and how do you charge for that i know there's a lot of CEOs who want to pay you a significant fee to do this yeah i hop on a 15 minute call with you i figure out okay what are the things that you need most. Like what is what would your agent look like? What are you trying to automate and then we hop on a second one hour call where we actually go and we automate it. If you need to automate automatically update your CRM and Salesforce or your niche CRM, we go in and we set everything up during this one hour call and you end up having one agent and then we give you hypercare, which is this idea of, hey, if you need additional agents or you need to help with your existing agent or you need
Starting point is 00:44:19 to make sure your agents are performing a specific way, we help you with that or we help you set up automations to, you know, automate your business. So we have a bunch of automations running. And what are you going to do next? I mean, the open claw in a box is become a great startup. It's kind of like building websites in the Web 1.0 era. Everybody needs a website. Everybody's going there.
Starting point is 00:44:39 But it's quickly becoming commoditized. I think you would agree, Michael. So what is your eventual vision for this? In a year or two, you know, we just saw Amazon release there, open claw in a box service. what happens when there's open claw in a box on every major platform? Where are you going to go with this next as an entrepreneur? OpenClaught itself is much less important than the innovations OpenClaught brought, which is proactive agents with the idea of heartbeats and crons.
Starting point is 00:45:07 Now, these agents are only as powerful as their tools and integrations. So what we need to do is we need to level up the level of tools that they have to an extreme scale. Every single agent should have a wallet. It should have an email. It should, like if you allow it to, it should be able to have access to a bunch of APIs by default. It should be able to make websites. It should be able to deploy them.
Starting point is 00:45:33 You could start stacking these tools that these agents have. So the most empowered agent is the goal for you. The most empowered. Exactly. So we want to empower this agent to an extreme extent. All right. Great job, Michael. Before we get to our next demo, Jason,
Starting point is 00:45:48 I think we should talk about another one of our friends, the last one of our friends we've got to talk about today, row.co. Oh, I can talk about that to the cows come home. As you know, I'm slim cow now. Some people still remember me as fat cow, fat Jason, they might even say. You know, if you were like a bully
Starting point is 00:46:06 and you wanted to send a mob after somebody, you might say, oh, they're fat, they're fat. But what if you got a subscription to row.com and you got on a GLP? It was paid for by your insurance. You checked it. And you became slim. Now you're slim cow. And your friends at the poker game stopped saying,
Starting point is 00:46:24 are you eating yourself to an early grave gig, Al? And they start mocking you. Hey, you're five, eight and a half and you're 213 pounds. I was shamed. I didn't have a solution. The food noise was overwhelming for me. I correlated eating food with success because I grew up poor, middle class, lower middle class.
Starting point is 00:46:44 And I just thought, hey, the second I can get calories and I can order, you know, an appetizer and dessert at a restaurant and maybe even get a side, okay, I've made it. And you know what? I spent 20 years just enjoying that privilege of having the ability to order the foie gras to get the white truffle supplement. You know what happened? I gained two pounds a year for 20 years. Yeah.
Starting point is 00:47:04 It was 43 pounds overweight. Then I lost 43 pounds thanks to row.com and the magic of GLPs. They'll check for you right now if your insurance covers it. And if your insurance doesn't cover it. Yeah, that's right. You can get it for a pretty amazing, stunningly low price. When I started on this journey four years ago, when Ozempic was off-label for weight loss, it was four and a half years ago.
Starting point is 00:47:27 It was $2,000 a month. I can get into it for low hundreds. In other words, why wouldn't you? No more excuses, exactly. So visit row.com and use their insurance checker. You just submit your insurance card. They do the rest. No paperwork, no hassle.
Starting point is 00:47:44 And around 50% of Roe members, get the money. their GLP ones covered. So go to row. dot co slash twist for your free insurance check. Who do we have next? Father, daughter, entrepreneurial team
Starting point is 00:47:55 for you to meet here, Jason. This is Pete and Maddie Reese. They've created Bisbee, which is it's sort of you tell Bisbee what company you want to start and Bisbee takes care of the rest. Maddie and Pete,
Starting point is 00:48:09 thanks for joining us. Wow, look at this, father and daughter. I love this. Great to be here. Yes. Yeah. So show us what you built. Yeah. Amazing that it's been, I don't know how many, 25 years ago, she was born. But yes, we've been working together for a number of years. And this is our latest project. And we're super excited about we're claw-pilled like you are. You're claw-pilled. Okay. Show us what you built. Yeah.
Starting point is 00:48:31 So this is Bisby. As, as Lon said, you pretty much, the concept is you type the idea for your business in the box and you hit start. And then you go through a procedure, a chat with, Bisbee and this is an agent that will kind of walk you through, you know, a process of trying to decide, you know, if this is a good business, trying to come up with a naming idea for it, checking if the domains are available, even goes through logo iterations for you. And then you can go back and forth with it and kind of, you know, iterate on that. And then eventually it'll, when you sign off on the logo, then it'll, you know, show your branding package and it will, you know, pretty much, you know, whole brand. This happens within minutes, by the way.
Starting point is 00:49:23 So this is a startup consultant in a box. This is an incubator in a box is a way to think about it, Maddie. Yeah, yeah. So kind of our target audience is people who will become small, medium business owners. So we are targeting people who do not currently have an existing business. And our thesis really is that AI job loss or AI-related job loss is going to be a massive deal, even this year, but especially in 2027. And we want to provide a solution to that. We want to provide a way for these people who don't have a way back into the traditional workforce to start something for themselves and be able to make money and live their lives.
Starting point is 00:50:07 This is a great idea, Maddie, because we have a great idea. have a concept, which is surplus. And as entrepreneurs, when you see a surplus in the world, that can be an opportunity. Now, it obviously sucks to lose your job or get laid off, but then a cognitive surplus appears. Smart person. They were working at Block. They were working at Microsoft. They were working at Amazon. They get hit by layoffs. They got two or three friends they worked with. They need to figure out, hey, where am I going to get started here? Or maybe somebody's a stay-at-home parent and they get back into the workforce, they need a place to start. And so this is the place for them to start that journey.
Starting point is 00:50:50 What is your business then? Because obviously the criticism or the challenge you'll get from the venture community, if you decide to go that way, and that's but one way to do it is, how is it different than just being a rapper? How is it better than just using Claw directly? So have you given that some thought, Maddie? Oh, yeah, definitely. we've built a lot on top of it. So obviously the basis is kind of open closed a lot.
Starting point is 00:51:15 But there have been, we've integrated a ton of different things. We've built a lot of custom skills. We support over 350 plus businesses right now or different types of businesses. Oh, wow. And everything is customized for that individual business type. With the amount of things that we built on top of it, we were feeling pretty good. Yeah. I mean, any of your, go ahead, Lan.
Starting point is 00:51:37 I was just to say, Jason, thing we should we should add after they've sort of the funnel on this is very clever i think after they've kind of shown you all the graphics and the logo and like hey this could be a real business here's what it would look like then they hit you with you want a team of AI agents to help you run the business do we just need your credit card like that's the next that's the next step you sort of get open claw assistance to help you run the business now that you've launched it yeah that's the real product yeah so it's the team of agents that actually do the business for you As a new entrepreneur, you use your phone to run your whole business, like many of us are doing with our open calls.
Starting point is 00:52:15 The team takes care of all the messy business stuff on the back end that many of these people are not accustomed to and have no interest in getting involved with. They simply get to do what they do, maybe deliver the service, maybe it's an in-person thing or maybe it's something they do over the computer. But the team at Bizby, their agent team, takes care of everything in the background. and they just collect the checks. Fantastic. We wish you a great success with this. Where can people learn more, Maddie? Where can people learn more and engage this new product and service? Yes, so we are at bizby.aI, and that is B-I-Z-Z-B-Y.
Starting point is 00:52:55 All right, bizby.com. Give it a try. What do you got to lose? Start a business. Yeah, you got to be resilient. What's it like to work with your dad, Maddie? is he uh it's incredible i mean we work together a lot so i'm just i'm very lucky to be able to have you know both of my parents are entrepreneurs i grew up in an entrepreneur in a household
Starting point is 00:53:19 um it's all i've known growing up um and i just feel so lucky to have grown up in that kind do you have siblings i do i have two siblings two little sisters one of them is actually our co-founder She's kind of in charge of our growth and content. And then the other one is 16. Got it. And your dad doesn't have favorites. But I can see right now. If there was a favorite, Maddie, I think you might be winning right now.
Starting point is 00:53:51 Because every dad's dream, I can tell you as a girl dad as well, Pete, I have three daughters. I'm always like, who's going to come be Calisi and run launch in this week in startups? And one of them's like no interest. The other one's like very interested. The other one's like, I want to work with sharks. I'm like, that's fantastic. You go work with sharks. You could be an influence to work of fashion.
Starting point is 00:54:10 But I got one of them who wants to do business. It really is a dream come true. Yeah. It is kind of a dream come true, isn't it? Yeah, to get to work with your daughter. Yep. All right. Well done, Pete and Maddie.
Starting point is 00:54:22 Wish you great success with the company. Yeah. Thanks for being here. Thanks for doing it. All right. First of all, Jason, you sent me this clip on TikTok. I don't know if you should remember this. I do want to take a look at this.
Starting point is 00:54:32 Dylan clip that you said because I think it's really fascinating. This was Bob Dylan from a 1986 interview in Hamilton, Ontario for a BBC documentary. He was making the film Hearts of Fire, but some pretty, some prescient comments, I think, about computing AI and collaborating on art with machines. Here's a look. You could have your own little band, like a one, a one-man band. Yes. What year is this? This was 1986, Jason. That type of The music doesn't have any roots and it doesn't have any foundation to it. There's the downside. Yeah.
Starting point is 00:55:09 I think that's the sort of key insight that Bob makes here is like... 40 years. Okay, we can stop here. This is incredible. You can mimic music, but it doesn't, it lacks, it's not grounded. Yeah. So this is, I think, really important. He's always ahead of the curve, speaking of people ahead of the curve.
Starting point is 00:55:29 He's always been ahead of the curve, but he's always, you know, you know, and had these great insights. But he was always very obsessed with technically understanding the nature of songs. And he had a great show on Sirius XM for a while that I used to listen to. And I forget the name of it, but on the show, he would talk about songs and what made them great. It was a theme time radio hour. It was called. Theme time radio hour.
Starting point is 00:55:59 And, you know, I don't think it's on the air anymore. And people who were involved in this, who made clips for it, etc. They never actually were in the room with Dylan, like doing a radio show. He kind of asked them questions and they cut around him or whatever. But he did an incredible job of picking specific songs. So I think that's going to be one of my recommendations for you. If you want to go down the Bob Dylan Rabbit Ho, like my pal, Timothy, Chalameh, my pal, we're both next fans. You're good buddy, yeah.
Starting point is 00:56:29 Good, but I met him twice, actually. But really, really, you know, great out. and really a true fan because it was when I talked to, but one of the two times I talked to Timothy Shalame, who obviously did the Dylan movie and was fantastic. I asked him about the 80s, and if he ever got into that, and he was literally telling me specific songs from infidels and other albums and Joker Man.
Starting point is 00:56:52 And we had a really interesting discussion. He got really good at ping pong too for Marty Supreme. He goes deep. He gets serious. So I'll add two here. I'm going to add two. There's a very famous Penn & Baker documentary, Don't Look Back. Sure.
Starting point is 00:57:06 That's table stakes. But then there's two by Scorsese, who, as a great or tour, appreciated Dylan. No Direction Home, 2005. Man, no direction home is incredible. Incredible documentary. And so if you were looking for something to do this weekend, I would go watch Don't Look Back, no direction home. And then my personal favorite was, you know, when Dylan came out of the 60s and really
Starting point is 00:57:30 wanted to kind of do something that he enjoyed. He did something called the Rolling Thunder Review. Yes. And this was a tour where he was in like a van and like driving around. This is Dylan coming out of the height of people's obsession with him. Right. And you'll know this because he was wearing white. Is that kabuki makeup?
Starting point is 00:57:52 Cake makeup on his face. Yeah. White, which he found out about because his violinist who he had had a, I don't know if it was romantic or not, but he had a bit of an obsession with was somehow involved with Kiss. Right. Who had also put the white makeup on.
Starting point is 00:58:10 Sure. And my favorite version of all time of tangled up in blue and a number of other songs come from that Rolling Thunder review period. Right. And that Scorsese bookend documentary, 2019 is extraordinary.
Starting point is 00:58:26 It's a fictionalized, it's very, it's very Dylan. It's like a fake documentary. It's like about 60, 70% of the information is accurate, but then they add in a bunch of like not accurate stuff for fun. So like all the Sharon Stone stuff, like she, that's all made up. But like that's a very Dylan thing to do, like obscure combined truth and lies. So you're not sure what you can really believe.
Starting point is 00:58:49 Just creating mythology, right? I guess it would be the way to say about it. So this is great. We went down a little rabbit hole here. But a great set of Dylan documentaries for you. And what else you got for us on our heading into the weekend? Three quick things I want to mention. First, I really enjoying this.
Starting point is 00:59:08 It's a little cheesy. It's a Civil War scripted miniseries on Prime Video called The Greyhouse. Kevin Koster and Morgan Freeman, both executive producers on it, written in part by John Sales, the legendary filmmaker John Sales. And then Roland Jaffe, who directed that De Niro movie, The Mission, a bunch of other... The Mission, my favorite film, one of my top five films, That director made this, he directed every episode. It's an eight episode miniseries.
Starting point is 00:59:34 It's about Union Spies. It's about these Southern women living in the Confederacy who were getting messages to the north, to the Union Army, based on what they were here. They were living in Richmond. They were part of society. So they knew Jefferson Davis's wife. They were in touch with the servants who worked in Jefferson Davis's house, which was the Grey House instead of the White House. They had the Grey House. And so it's sort of loosely based on a true story.
Starting point is 00:59:59 but it's this very kind of old school. I'm enjoying it. It reminds me a lot of like 70s and 80s TV miniseries like from the Lonesome Dove or the Roots era when those were like these big events and they'd have battle scenes or even like Gettysburg, that one. It feels like that where it's a little hokey, it's a little throwback, but very, very well done,
Starting point is 01:00:21 very well acted, big epic battle scenes and stuff. I'm really enjoying it. So that's on Amazon. All eight episodes are up on Prime Video right now. And by the way, that was Barry Diller, the media executive. Yes. He's the one who created roots and these movies of the week and this incredible genre, which I think Shogun was part of.
Starting point is 01:00:41 Sure, exactly. It feels, to me, that's what this feels like, where it's very hard on its sleeve. It's very sincere. It's a little throwback. It's a little cheesy, I guess you would say. For, I think modern viewers would be like, what is, like, what is this little, little, you know, old school. But if you grew up on those kinds of TV, many,
Starting point is 01:00:59 series. I think you feel right at home. It's very assured storytelling, very confident. And it looks great. There's a lot of like big recreations of battle scenes and it looks really cool. They did a good job with it. He actually did a memoir too. Who knew? Oh, right, Barry Diller. Yeah. I may have talked about on social media before, but this is my favorite biography of the last year or so. Who knew? And he talks about his personal life, his marriage to Diane Von von Furstenberg. Yeah. And, you know, you know, you know, being quietly closeted and his struggles with that, but then doing QVC and, you know, again, USA Network all the way to IAC.
Starting point is 01:01:38 One of the real legendary executives of that whole, the cable TV sort of era. The last, kind of the last of a generation there. Yeah. And still in the game, which, and Dara Khazra Shahi, worked for him. Oh. Of Uber. So there's a whole generation of CEOs who cut their teeth. working for Barry Diller, who cut his teeth, working for, you know, the series of executives
Starting point is 01:02:04 before that in this 70s and 80s. Who knew? Great Barry Diller biography. There's one for you for the weekend. All right. All right. All right. Up next, this is on Disney Plus right now.
Starting point is 01:02:15 I think Hulu probably as well. It's a National Geographic docus series, Inca's the Rise and Fall. I went to Peru many years ago, visited some of the sites. I've been really enjoying it. It's just a really well-done sort of overview. There's me at Machu Picchu from my Peruvian trip. So I couldn't resist checking out a four-part Incan documentary. And it does a really good job.
Starting point is 01:02:37 Like it digs into, I feel like we hear about these amazing empires in like South America or the Caribbean or the North America. But you don't really dig into their history. Like it was this king and then they expanded this way. And this does a really good job of using what we know about Incan culture because they didn't have a written language. So we're sort of still piecing it together archaeologically. anthropologically, but it's really interesting.
Starting point is 01:03:01 And people don't know. You say Inca, you think of Manchu Picchu, but they created, you know, a series of networks of roads, 25,000 of them, including bridges over crazy gorges. The Inca Trail. The Inca Trail. And this empire went, I don't know, I think 20, thousands of miles, kind of the spine of South America. And I've never, I mean, I just have a cursory knowledge of this.
Starting point is 01:03:27 So I'm going to watch this with my kids. And obviously that all ended in the 16th, 16th century. Yes, it was Pizarro. Pizarro and his crew landed in Peru. They set up shop in Lima on the coast. And then they proceeded to conquer the Incan Empire. We have a second photo of me in Oiante Tambo. This was the one Incan site, if we can pull it up.
Starting point is 01:03:52 It's a fortress. That's me in the distance there. This is the only place where the Inkins actually won a, battle against the Spanish because they were Spanish had cannons. The Spanish had a lot of advanced weaponry. They had sailed there and so they conquered. You could still in Kusko today, which was the Incan capital that the Spanish conquered, you could see they built their cathedrals right on top of the Incan temple.
Starting point is 01:04:16 So you could see that it's Incan and the foundation and then it's like a cathedral above. An amazing place. If you ever get a chance to visit Peru, folks. All right. There you have it, folks. One last thing I want to tip people off and you as well, Jason, on. On Sunday, on Disney Plus, another National Geographic documentary is arriving. It's called Ghost Elephants, but here's the interesting thing about it, directed and narrated
Starting point is 01:04:37 by Werner Herzog. Oh, my favorite. We've got a trailer. It's about a South African conservationist and botanist, Dr. Steve Boyce. He's in Angola tracking a mysterious, previously undiscovered species of elephant. They have not really done a good job of promoting this. I feel like people do not know this is happening on Sunday. but Sunday on Disney Plus, you can go watch a new Werner Herzog nature documentary.
Starting point is 01:04:58 We got a bit of the track. I cannot wait. He is incredible. His voiceover and his performance, vocal performance is always extraordinary. You know, everybody loves when I tell them about whatever gadget I'm buying. You know, me, I got a very heavy Amazon finger. My trigger for Amazon, very high, was dealing with a bit of an issue around the house. Two of the daughters get into audiobooks, the 10-year-olds.
Starting point is 01:05:22 And then another daughter is she's in her music. phase. So I got three kids running around with over-the-air headphones. Bit of a problem because you say, hey, it's dinner time. It's no response. And then everybody's kind of zoned out. And that's okay with me. I love the fact that people, you know, experience audio books. I'm really excited that my young girls are getting into that early. And I'm really excited that my daughter and I share music. And we talk about Queen and we talk about Bob Dylan. And we talk about dire straits. The classics. She loves Bowie, I feel like I'm doing my job. So I had to find a solution for this problem. And there is a company called Shox, S-H-O-K-Z. And I think I may have seen Bill Gurley wearing these years ago.
Starting point is 01:06:05 These are bone-conducting headphones. And they go over your ear. And they have one called Open Run Pro 2. And you can get like a small size. You put this over your kids' ears. And people use this for sports mainly, because if you're in the gym, you don't have to wear something bulky. but the sound is incredible. You don't have to use the bone conducting. You probably won't use the bone conducting now. You'll just listen to it through the speakers, but you can.
Starting point is 01:06:31 And now, when somebody's on the swing, listening to some music, or somebody's in their room listening to an audio book, and I say, hey, it's dinner time, or I come in and start talking to them, they can hear me, and they can pause the music, etc. And I much prefer the open-air headphones. If we're traveling, obviously on an airplane,
Starting point is 01:06:50 I'm not sure how these will perform. compared to the noise-canceling ones. But this has been a nice for me when I'm hiking and working out as well, going around the ranch. I have to be aware of my surroundings at all times. Yeah, you don't always want it to be completely immersive. When I'm at my desk, I will wear my focal $5,000 utopia headphones
Starting point is 01:07:09 and I'll get into, I've been listening to some Coltrane. Man, holy cow. Man, I guess I'm going into my jazz phase now, but I listen to some Miles Davis and Coltrane. And it is amazing on those headphones. But for a podcast, I'm going to say these are the best you can do. Another amazing twist, Monday, Wednesday, Friday. We'll be back next week. We'll be back. And on Wednesday, we get a double drop. You get your double drop. You get this week
Starting point is 01:07:34 in AI and you get this week in startups on a Wednesday. On a Friday, you also get a double drop. You get your this week in startups and you get your all in for the weekend. So you got the double drop days Wednesday and Friday for J-Cal and Monday. We just catch up on what's going on. Alex will be here Monday. He will on with me on Wednesday and Fridays, the All-In-Crew on Thursday, and obviously I do the roundtable for This Week in AI. We had a spectacular one, if you can do me a favor, this weekin AI.a.i. Just waking up the channel now,
Starting point is 01:08:01 thank you to our partner PayPal who underwrote the show for the first year. That was really gracious of them and a really savvy move, because the show is off to an amazing start. Three, I think of it as like a roundtable like all in. Three amazing CEOs and me, the world's greatest moderator, just going deep, deep, deep on the week's AI news, AI, AI, AI only. There it is. There it is.
Starting point is 01:08:24 We'll see you next time. Bye bye. Bye.

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