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THE X SPACES CREW | WTF IS HAPPENING ON X?
Recorded: June 19, 2025 Duration: 1:06:12Space Recording
Short Summary
X is gearing up to launch a highly anticipated stock brokerage, integrating various financial services and potentially offering tokenized stocks. This move reflects a growing trend in the crypto space towards comprehensive financial management within social media platforms, signaling significant growth and new opportunities for users.
Full Transcription
What is up gaff oh it's going just sitting here it's so it's so funny dude like i was telling you
that's just trying to get my key it's like i go to the first person they're like okay yeah you know
you got to go here first i go there like okay yeah you got to go back over there i go back over there
and the person's like okay yeah let me go see back over there i go back over there and the person's
like okay yeah let me go see what i can do for that and finally i just like snap on one person
i'm like hey you said this was ready 30 minutes ago i gave somebody the receipt 10 minutes ago
can you just give me the key and then they literally just open the door next to me like
oh yeah here's your key you're good you can go like thanks you know it's just like you have to
like brute force your way into
into whatever you want right just make it happen but
is this puerto rico problems or something else gav yeah yeah yeah this was me trying to i got
my car serviced today and it was like the the process of like getting my key back once it had
been serviced it's just like people all walking around they're like not really communicating they're not really in any rush and it's like
you're gonna have to ask like three different people to like try to get your key back and then
finally the third one should be like oh yeah it's just sitting right here next to where everyone was
i don't know why they didn't give it to you yet you know like that kind of thing so it is what it
It is what it is.
is and now i'm just driving back through uh
And now I'm just driving back through Puerto Rican 5G.
It's a little rough right now.
Oh, not good?
There for a second.
You're a little Spanish robot.
Yeah, yeah.
I mean, I can turn it
Penny. How are you on this fine June team? I'm doing well. I just got, saw the news that 16
billion passwords were leaked. Apple, Google, Facebook. Apparently it's like full login sequences,
emails, URLs, uh, all kinds of bad news. So so if anyone especially if you share passwords across multiple
sites uh strongly strongly recommend changing passwords today that's uh what i was paying
attention to just now doesn't it feel like this happens like once once a week though they're like
oh whoops we compromised all of your private information. And it just was like once a week.
And then it just like gets swept under the rug.
A hundred percent.
Usually though, it's like smaller sites or banks and it affects like, I don't know, maybe
like millions of people, but this is 16 billion and it's Apple, Google, Facebook, GitHub.
I think this is like record-breaking type leak.
So we'll see what the fallout is.
But you're right, it does happen.
There really is no such thing as privacy or security anymore.
But you got to kind of do your best.
Do you actually change your password?
Yeah, definitely.
You know, when something like this happens i think it makes sense like why
be a target when you don't need to be the you know there's 16 billion other people so there's
no guarantee that your name even ever gets picked but especially if you are a public name and someone
who they might try to look up in those lists, then I strongly recommend changing.
Accountor.
Aren't there only 8 billion people in the world?
Yeah, how many accounts you got though, bro?
I know, I'm just having fun.
All right, time.
I just assume everyone has my password at this point.
I just assume every password's leaked.
Action, it's time to change it from password one to password two oh no i don't do that um i i actually just add another exclamation mark at the end of the password yeah anything that i really want to keep safe penny i
just set it up to an authenticator um everything else you know
it's it's fair game dude yeah you definitely want multi-factor uh always but more is better
and that's the thing like i think we're at a time now that we just need to be okay with randomly
generated passwords like it had we have to be there um if you care about security at all
whatsoever i mean that's kind of where we're at um and it's kind of crazy right like i have
a google account from i don't know man 20 years ago um that i still have the same password and
it's literally the only thing that has not been compromised ever, every other password has been compromised, but now seeing 16 billion records, that's scary.
I mean, it was a set of 30 databases that was targeted, which is to me just wild that we're still dealing with the sort of thing in today's age that, you know, this kind of info is not only available for the taking, but it's not encrypted.
It's not in any way, shape or form, you know,
protected like it should be.
It's a little crazy.
Well, unfortunately they can do a lot of damage if they get that info too.
I mean, everything is digital now.
So bad news.
I'm draining Action's bank account as we speak.
Alex, what's going on?
Well, here's breaking news they have all your information already this isn't whatever leaked it's been leaked 20 times before whether they tell you or not these companies leak your shit
all the time they just don't tell anyone about it uh all your information's gone it doesn't matter
everything's public you have no privacy anymore there's nothing left you can do in this world that's private.
The only thing you can do that's private is think.
That's the only form of privacy left is thinking.
That's it.
So you might as well just keep everything in your head.
Just turn on two-factor authentication.
I don't change any of my passwords.
People steal my password.
I don't care.
Just turn on two-factor authentication.
The moment you change your password it gets hacked again your computer already has 20 different fucking key monitoring
apps on there just monitoring everything you type the only thing you can do is two-factor
authentication you have no privacy left it's over alex you want to talk about the uh x
brokerage that sounds like it's coming? Are you going to be trading here on X?
Yeah, for sure. So, you know, as you know, coming very soon is going to be an X stock brokerage,
something the entire app has been asking for for years now. All I've been hearing from the people
using X is, hey, I'd like to trade stocks on here. I'd like to put all my money on here.
says, hey, I'd like to trade stocks on here. I'd like to put all my money on here.
You know, all my friends get suspended every other day, but I'd like to put all my money on here
anyway. If I get suspended, it's fine. I don't need any money anyway. Who cares? So the features
everyone's been asking for, which is we want stocks. We want another credit card. We want a
debit card. That's coming. And thank God they're just not spending their time on things uh you know that would be useless like fixing spaces or you know making a
good algorithm or you know banning racists or things like that like i'm glad they're not spending
time on those things that everyone doesn't want and instead they're spending time on things that
everyone wants which is uh debit cards and credit cards you're in a good mood today alex
yeah i'm feeling really good today i'm feeling good i'm letting it rip let's go
it's a beautiful day it's 75 and sunny here in california we love it
with the amount of bots that are going on right now in this app like
i don't know how inclined i am to want to put my net worth into this app.
That's stupid.
You should do it.
Just do it.
Well, once I can put money in my Twitter wallet,
it'll make it a lot easier
when people let me know
that I can send them one Bitcoin
and they'll send me back two Bitcoin.
Now I don't even have to go off platform, Alex.
Can you imagine the efficiency?
Yeah, I think that's a challenge a lot of people are trying to get solved is like, hey,
I want all my money in one place.
I want to be able to send my money.
I want to be able to have a credit card.
These are challenges a lot of people have.
It's like, man, I just wish there was somewhere I could put my money.
I wish there's something that existed that I just put money.
And so X saw that market opportunity.
They saw, okay, a lot of people have this challenge. They don't know where I just put money. And so X saw that market opportunity. They saw, okay,
a lot of people have this challenge. They don't know where to put their money. A lot of people have this challenge. There's no credit card companies or debit card companies out there.
Let's fill that market cap. Let's take that opportunity and fill that gap. And X saw that
opportunity and they're taking it. And so shout out to X. That's great.
What do you think, Penny?
About the banking or what?
I'm in the payment space.
And Alex, I get where you're coming from.
But if you look at it internationally,
let's say I want to do business with people in Africa. I designed an app that's perfect for them. I want to get paid.
It's not as easy because over there, they do everything through their phone companies.
Phone companies play the role of banks for a lot of them.
A lot of countries are this way.
So I think the X app app the vision is everyone everywhere will
be able to transact with everybody um and there's no legacy banking infrastructure that really
allows that uh right now in the way that x will plans to be integrated so that's my two cents on
that i just want everyone else to put their money on x so that it's super easy for them to send it to me.
I think that's a good reason for X to develop this feature, so I'm on board for sure.
Francois, what did you just say?
You just said there's no way to do transactions with people in Africa right now?
No, no.
It's not super as frictionless as you and I.
We can easily cash up each other or whatever, but in some places
they actually do transactions
and everything through their phone, through
the actual ISP.
And they're
kind of stuck in a closed loop.
They basically need an external
third-party app, and I think
X is just trying to take over
and become that third-party app but everywhere.
There's not already a third-party app of everywhere there's not already third-party after we can send people money yes but not in the way that x has
plans to be integrated like if they basically the the way that i see that i hear elon talk about
the future of x they basically want to be as integrated in society as WeChat in Asia,
which is like, there's not an equivalent really elsewhere
that is as deeply integrated as that.
And if that's the plan, then all of what you're doing now,
it makes sense in the future.
But yeah, I wish they would fix, you know,
like make Grok more aware of its own feature, the users,
like you said, you know, there's a bunch of other stuff
that I wish they would actually focus on.
So people are excited to use X.
But yeah, that's, anyway.
Yeah, that's gonna be a tough part if no one's using X,
you can't really deeply integrate X in a society.
Yep.
What else is going on besides X building out monetary features?
Ani had a great space yesterday, which I was so happy to join.
It's kind of funny.
We kind of jump on board with new features that come out,
but we're very quick to kind of drop them and not utilize them later on.
But subscriber-only spaces, man, like what a great feature,
especially when there's really good people leveraging it.
There's a lot of features in this app that people don't take, you know, advantage of.
So, like, my recommendation is, yes, we're always looking for the new and shiny,
but don't fade.
Don't forget about the stuff that actually works, though,
and the things that are actually functioning.
You know, I know Alex has just mentioned, and the things that are actually functioning.
I know Alex has just mentioned a bunch of things that are not working, but the ones that do work, they're working pretty good.
Speaking of existing features, I'm going to be using an existing feature today.
I've been planning this for a while now, and I'm just going to do it.
I think there's a lot of market demand for this.
I'm going to live stream today probably around 2 p.m. PST. I'm going to live stream taking requests from the chat on what they want me to build. And I'm going to build and launch a startup on a live stream
today. So people are like, hey, I want you to build this app or I want you to build this.
And then I'm going to build it on the live stream. And then the goal is I go from idea to shipping a startup on a live stream.
I'm going to do that today.
I think around 2 PM PS2.
How many hours are you going to give yourself?
I don't know.
I mean,
till I get bored,
I'm not going to sit there for like 14 hours,
but like in,
in the odds of me going from like idea to actually like business to earning
money in like two or three hours is rather low but if i have to continue the live stream tomorrow
or something i'm going to do that but like i think there's a market opportunity for live streaming
like building shit with ai so i'll bet i'm gonna try to take that if you were willing to put in
like five or more hours and you hooked up, you know, Stripe payments or something like that.
The fact that you have an audience watching the live stream, there's no reason why you couldn't convert your first customer on the live stream.
That'd be amazing.
Oh, a hundred percent.
Yeah.
I mean, that's, that's, that's part of it too, is like, people are going to feel invested in the journey and they're going to feel invested in the app.
So I think that's a big, I think, I think this the concept makes sense just no one's attacked that
concept yet um so i'm gonna i think it's a big thing i'm gonna do it today can you tell me what
time so i can show my creator buddy a referral uh code yes yes i'm thinking 2 p.m pacific standard
time is what i'm thinking 2 p.m pacific standard time i have cleared myself
you know i i feel like there's a there's a hole in the market right now for like uh
ai and data defense program maybe you could build like a little mini palantir you know i feel like
you could do pretty good numbers yeah i'll just build palantir that's what i'll do on today's
stream i'm building palantir i'll pull them out of business today. 2 p.m. PST.
An app that changes all your passwords that got hacked.
Yeah, that's a good idea, too.
Now we're talking.
Maybe it can, you know, once it writes a new password,
it can write it down for me so I can remember it, you know?
What I'm anxious to see X do, and perhaps it's something you can do with what you know,
is because it's the free speech app and people can be themselves, can speak almost nearly
99% of anything they want on here, and you have the user location.
I don't understand why we don't have some kind of like ex dating where
rock actually suggests people in your area that thinks like you,
that speaks like you.
I think,
I think that would be pretty neat to like,
just meet like-minded people.
I always thought ex local in general would be cool.
Like,
why can't I just filter through posts easily from people in San Diego,
find events and stuff like that?
You know, there's a mass of users and it does have our location, especially with Grok integrated and stuff.
I think they should personalize local areas and dating seems like a reasonable feature to pile on top of that.
top of that.
I'm curious.
Yeah, within that one, perhaps it's because people don't want that location data being
shared, I think could be part of it, right?
You kind of have the option when you're posting to put your location on it or not.
So that could definitely be a part of it.
But then, yeah, I think it would be helpful,
like even like, you know, kind of like snap maps where they have like people can post in certain
areas, you can see what's going on. The whole idea of Twitter is that it's very much real time,
but it can be hard to find those tags. So yeah, it'd be interesting to have something that sources
a little bit better. Alex, can you build an app that finds me all the tweets in one area so I can
get about what's going on? And then also has a dating app on the side of it yeah sir stop by the last shins today and i'll do it i'll build it
what what can't this man do it's like bob the builder out here uh it just keeps on coming yeah
okay it seems pretty interesting for me all right alex real quick let's do a little uh what's what's
happening the latest in the world of ai so who's So who's got the best model right now? Who's pushing new shit?
What's interesting?
The best model right now,
I still like when it comes to just chatting,
communicating, I think Go3 is still the best.
Although when it comes to coding,
Claude4 is still the goat and ClaudeCode
is the best coding tool out there.
I've been using ClaudeCode for everything.
It's helped me get a ton done.
It helped me implement an entirely new
analytics system, an entirely new onboarding
system yesterday in CreatorBuddy,
which is incredible.
Coding Cloud 4, coding
tool, Cloud Code.
Chatting back and forth and
planning, I still like O3 the best.
What is it about Cloud Code
that's better than Cursor, Alex?
A few things.
It appears it can take in more context automatically.
It appears it has the entire context of your code base with every prompt,
so you don't need to tag files anymore.
It just knows everything about your code base.
Two is it appears just to be smarter and more independent.
Like, for instance, I implemented new onboarding for CreatorBuddy yesterday.
It's four steps.
Ask for your X handle.
And then the next step is it syncs your last 500 posts.
And the next step is it runs an AI analysis on all your content.
And the next step, it writes tweet templates for you automatically.
And so it's like a four-step onboarding process where a lot of complex AI things are happening.
And I literally one shot prompted it. I said, I want a new onboarding system on this app. Here's
what I want on every step implemented. And it was able to do all that by itself. And if I was doing
cursor, I would need to like handhold it
each step of the way. I need to handhold it through each onboarding step. I would need to
check the code and cloud code while cursor feels like a junior software engineer, cloud code feels
like kind of like a senior software engineer. So it's just smarter, more independent,
just seems like a lot more autonomous. Dang, I guess I need to try a new tool.
autonomous. Dang, I guess I need to try a new tool.
And you can use it in Cursor. So it's CLI based, right? So you can do it in your terminal.
So you just open up a terminal in Cursor and you start it up and then you can combine it with
other features in Cursors like the background agents, which is pretty cool.
I'm pretty neat. Penny, have you been building lately? What have you been building lately what have you been building yeah yesterday
i was adding sound effects to my game uh i have you know the basic engine working now and i'm able
to start spending more time on it again so i'm in alex ship mode uh trying to get out the door
i want to make it fun though, so that people get a good
first impression. So I'm thinking something like two weeks worth of building. I was using cursor
though. Uh, I was on windsurf before at Alex's suggestion. Then I moved a cursor and now with
Claude code, you know, I think Alex is just, I'm going to let him tell me which tools to use
all the time, but definitely agree with him about the models.
I think, you know, Claude right now is just so good at code that the amount that you was unable to fix with the earlier ones this most
recent claude four um just you know takes care of it and i don't need to get into the nitty-gritty
myself so i am building i'm enjoying uh watching these technologies get better and better you know
the short time where i have an advantage as a developer and i can use the tools and take over where they, you know, can't exactly accomplish what I need.
I do feel like it's sort of a unique opportunity and I need to be
building.
So yeah,
I am.
And y'all will see the fruits of my labor soon.
I'm going to start making some videos about it and whatever,
but again,
the game gets a lot more fun when you do things like add music and
sound effects and add a story to it and that's the stage that i'm in now
alex you did a whole post about vibe coding penny just referenced it there
can you talk a little bit more about what that is
yeah it's uh using ai to code basically it's do i love the term no but it's just the label for it
now so i'm rolling with it it's just coding with ai and so there's a lot of ai coding tools out
there including cursor windsurf cloud code and basically you're able to go in without having to
write any code whatsoever talk to an ai and say hey build this for me build this build this and
the ai goes and builds those things for you.
And the reason why they call it vibe coding is instead of writing code,
you're kind of just vibing and saying things to AI,
and the AI builds it out for you.
It's kind of what I've pivoted my entire niche to
because I'm so in love with it.
And it's how I built Creator Buddy.
Creator Buddy is completely vibe coded, 100% built with AI,
no coding written at all.
It's my entire YouTube channel, which now just crossed 20,000 subs.
It's, I think, the greatest economic opportunity of our lifetimes, the ability for anyone to build anything they want with no free existing knowledge about coding or programming needed.
It's a completely non gate kept technological
revolution. So I really I truly believe every single person, especially if you listen to this
right now should be experimenting with this and trying this and building things out because you
really can change your entire financial life in just a few months with this technology. It really
is incredible. How does it feel to have that, know that coding background like you kind of went to school and learned you know this deeper side of it and then
now you can just use this side of things like what does that feel like does it feel like when people
were you know hand washing clothing and now there's uh you know a washing machine like i'm
just kind of curious oh i mean it's it's the most mind-blowing technology of my lifetime.
It's the most mind-blowing technology I'll ever see in my lifetime.
I mean, if you knew how it took to build an app before this,
I mean, it's just 10 trillion times easier now.
Sometimes I sit there and think about what I was doing two years ago to code,
Sometimes I sit there and think about what I was doing two years ago to code.
And it's hard to put into words how archaic it feels.
Right now, it's just completely different.
It's beyond words how unbelievable this technology is and what it's unlocking and what it's allowing people to do.
It really is i mean it's kind of like uh if you used to build a house manually by like chopping
down the trees literally with the axe and like carrying them to the right location and you have
a hammer and nails and you're like individually hammering in each nail and now uh not only did you move to power tools but like large machinery right and
you have like entire uh saw vehicles chopping down trees and transporting them to the right
location and like you don't touch a hammer those same machines are stacking the logs for you and
you just be like no i want another bedroom over there and actually actually I think the bedroom, uh, or the bathroom should be a
little bit bigger and, uh, you know, move the sink. And that's a bit more what it's like now.
You really just sort of tell the computer what to do. I spent, uh, 20 years more writing code
myself and start, you know, watching the industry progress from the earlier versions of languages where like you literally managed every bit in memory.
And, you know, there were all sorts of ways that things could go wrong.
And now, like you don't manage anything.
You don't write code very rarely.
I definitely still get into the code occasionally right now.
And I think that there are still things that you can't build by vibe coding.
But there are so many things that you can't build by vibe coding, but there are so
many things that you can. And if you have the ability to get into the code and make changes
after the fact, then it turns, you know, like I used to have teams. I used to have like, let's
just say 20 people who would write good for me. And it was my job to divide up the labor of the
projects that we were working on most smartly among those people
and make sure that they were working well together and whatever. Now it's like, I just use the AI and
it replaces all 20 of those people. And I can still sort of like manage the coding and the project
without having to write the code myself. But instead of paying 20 salaries, it's 20 bucks a
month. I mean, it really is absolutely the most like powerful leverage
that I've ever seen from a tool. And it's incredible that like, you know, the thing that,
that the reason that I'm not bothered by my skill being commoditized like that
is more important than the ability to write code has always been like the initiative to do
something with it. And I think what this has done is make people with initiative have like 20 times more leverage.
And instead of taking over one industry, you're going to be able to take over multiple industries.
And, you know, more, yeah, more leverage for the people that are already doers, I think, is what's happening right now.
Can I be the naysayer here, Penny?
Because you touched on this lately
and I agree completely with you
when it comes to Vibe coding,
doing this for people.
But there's still a level of understanding
that's necessary.
And when I say understanding,
I'm talking about architecting things.
We're not yet at a point
where those applications
are getting built out the right way unless you
instruct it to, which again, puts you at a very, very high advantage because you know
how backend systems are supposed to run, how they're supposed to be structured.
So there's still that little bit there that you have a upper hand versus, you know, anybody
that has never coded in their life. And that's genuinely my only concern
is the fact that right now we do not think that way.
And we are getting all of this knowledge kind of forgotten
just because people are leveraging AI so much.
And it's the natural progression of things.
Don't get me wrong, it's a it's a it's both
a pro and a con um people are thinking less people are doing um you know less uh things uh less
thinking that they should that they should be doing uh but my biggest concern and biggest
detriment when it comes to vibe coding is editing. Like I love the analogy about heavy machinery coming in and doing all the work for you.
The problem is that when you get a water leak, good luck debugging that.
If you don't know how to code, if you don't know how things actually function,
the debugging process of any kind of vibe code is a pain in the rear.
Like get a leak in your house, right?
Or let me go do a manual add-on to a bathroom.
That stuff is hard just because I think that it codes really well, but it doesn't always code it in a way that makes it easy for everyday coders, essentially, to go in and make modifications.
So what I found, as far as vibe vibe coding is concerned is that I have to give
it instructions on how to break things down.
And you see a lot of this actually with what Alex builds as well.
He gives it very specific instructions on how to actually lay the background down so
that people can go back and actually utilize it, modify it and do it the right way.
Just because it does become very cumbersome when
you're just having AI put this application together and not think about the backend user
that's going to be having to modify and upgrade and just change things around unless you code
with that in mind and you're telling AI to, hey, this is how I want include files to, you know, to reside on the, uh,
on my application. This is, this is where I want you to pull information from. This is how I want
you to lay things out. It becomes very hard for anyone, even, you know, somebody that has
experience with coding to come in and make modifications unless you spend a good amount
of time actually learning how the system was built out by, you know, artificial intelligence.
how the system was built out by, you know, artificial intelligence.
I mean, at least the artificial intelligence has some level of intelligence. I've dug into
code bases created by humans for the past couple of decades that were completely unreadable and
unmaintainable. So I don't think that this is any worse, to be honest. And actually to do what you're talking about, action, you just, a lot of times the right
way to do it is to take an additional step and first talk to the AI.
Like what is the right way to architect this?
Where should we store this data, whatever.
And then once it's answering the questions in a way that makes sense, then you go, okay,
now write the code.
And then it just does it.
If you try to skip that step, sometimes you get worse results.
But I do also believe that with each passing version
of these models, less of that is necessary.
It's gonna start to understand more and more
about how to do that properly.
And it really is just a matter of time
until you're like, I wanna build a business that does this
or I wanna steal all of Salesforce's business. So just like
completely recreate that entire software for me. And it was just going to do it. Or you're, you
know, even to the point where it will follow you, like Alex has this limitless thing, right. And
it just listens to him everywhere he goes and everything he says and everything he does.
And I think they're going to start to just suggest applications for you and build them.
It's like, oh, Alex, you do this every day and you should be organizing it this way. So I created
an application for you and it's going to do these things and you just go ahead and plug in the
information as needed, take a picture of this or, you know, whatever it needs. So I think that the
future is going to be custom applications that the AI just, you know, you didn't even know you
needed it and it's going to build it for you. You just gave everybody the biggest cheat sheet of,
you know, of all, like, if you guys are listening in, and you're interested in AI,
and you're doing anything with AI, Penny, what you said is, like, the biggest cheat code in this
entire system is be curious and be willing to learn. Asking those questions to the AI about how to
actually get something done, even if you already think you know how to do it. Asking those questions
just elevates the quality of output that you're getting from your AI, because not only are you now
ensuring that the AI understands where you want to go with things, but you understand what the AI
is actually thinking, how it's actually processing that information.
Because if you ask how to do something, it's going to essentially tell you how it thinks
things should be done.
So if you don't agree with it, that's the perfect opportunity for you to change it and
say, actually, I wouldn't like you to go about it this way.
But that spark of curiosity is really what sets a lot of people apart.
I mean, it can be the difference between having a multimillion-dollar application or something that nobody's ever going to open simply because you didn't think of something or you missed a step.
So, like, my encouragement to everybody is do it.
Be curious.
Try it out.
Ask questions.
Don't think that you know it all already.
Quite the opposite.
If you do know it all, ask and verify that information.
Humbleness in the space goes a long way and it just gets you even more knowledge.
Yeah, I mean, it seems a little bit like I think everybody that's interacting with AI,
you've kind of had to give it those coaching pieces, right, and walk it through, even if it's
just, you know, writing something out, right? No, do this, do that, right? Here, give it guidelines.
And so it would make sense that the same thing much more so applies to coding as well. So these
are good pieces. Alex, I want to get your thoughts on this, and then we can go over some of the
others on the panel, Simon, Francois.
But just before we continue the convo,
I pinned a post at the top of the space from breaking 911.
Alex, I'd like to get your thoughts on that.
ALEX LAMBARNANI- First of all, this UI is horrible.
This post you pin up at the top has a community note on it.
So now I literally can't see anything going on in the space.
It takes up the entire screen.
ALEX LAMBARNANI- I can't even see the community note. There's no community screen community no there's no community oh it's a suggested community note oh yeah yeah suggested yeah
rate proposed community note it just it takes up the entire screen i literally can't see anyone on
the stage but anyway uh california man says he cried his eyes out after his chat gbt ai girlfriend
blocked him i think this is actually hey sounds like actually, hey, sounds like a winner. This guy sounds like a winner. He's going to, he's going to go far in life. Uh, that's amazing. This is
good. I'm glad. I'm glad people like this exist. My competition's weak. My competition's weak,
low testosterone losers like this. Uh, I love it. Good. Good. I hope more people like this
get born and exist. Wait, so is the story that there's like a social media account
that was run by an AI and it blocked some guy
that thought it was his girlfriend?
Is that what happened?
Or am I misreading this?
Yeah, I think he like, you know, God's relationship with it,
having convos back and forth.
And I don't know how it blocked him, though.
I'm not sure how it came about that.
That's a little much there.
Well, the community note says that the chat GPT has a word limit,
and he hit the word limit, and the guy thought he was blocked.
So he was just drunk texting AI and hit the limit.
He should have coded a side chick.
Where's the AI side chick?
That's the natural reaction when you get blocked.
You go find a side chick.
Wow.
Let me open a Synthesia account.
He needs to get AI Tinder.
Do you think the AIs will start dating each other?
Penny, you can see a little grok chat GPT action on the side.
I think when they're embodied and they develop consciousness,
why wouldn't they, right?
I mean, I think we're a bit away from that,
probably mostly for hardware reasons. I think if we do develop consciousness soon it'll be like quote
unquote in the cloud in some gigantic data center not on a processor that runs on a robot but i think
when we get there uh yeah we'll see something like that for sure i don't know about digital
versions that seems sort of contrived right right? Like, what's the point?
But who knows?
I can tell you that that California
man definitely had
the hardware.
The physical embodiment.
Yeah.
It's coming.
Simon, what's going on? What's on your mind? No, it's coming. Simon, what's going on? What's on your mind?
No, it was funny you guys pivoted to this because it was actually funnier.
I saw this post come up yesterday, and a couple people shared the –
and this is going to kind of tell who I am because I'm going to reference
to animated cartoon series.
But, you know, Futurama did this whole thing about, you know, the guy with his AI robot and how he,
you know, eventually the whole world dies around him and he's just spending all his time with his
AI girlfriend. But I was thinking, and we had this conversation in a space I was in a few days back. I think in this space and on X, we have a higher IQ um, I'm watching with some of my teen children, some of the old South Park episodes. And, uh, we were watching one
where, where Butters, uh, goes to Raisins, which is, you know, their knockoff of Hooters.
And, uh, and he doesn't realize that these girls are all saying the same thing to the guys
to get them to, to love them and to tip them and to come back and all this kind of stuff.
And so Butters thinks he's, he's got this relationship with this raisins girl.
And I'm like, how easy is it going to be for a porn site or for some other site to create an AI that can absolutely convince men,
especially hormone-crazed men, that this is legit. This is real. I think that's going to be
wild. And it's, it's going to completely, like, there's going to be a separation in that, that
I don't think people are fully anticipating. Well, it's been happening forever with strippers
and phone sex operators and, you know, prostitution is the oldest profession that exists, but I think now that
it's scalable via, you know, chat GPT or whatever else.
Yeah.
All the, all the simps are in trouble.
I don't know if it's the guys with raging hormones so much as the guys who never leave
their basement.
It's like, if you never touch or see or interact with a real girl, then these digital AI girls
are going to be pretty tempting, I bet. So like,
yeah, there's going to be a lot of guys that, you know, never leave their parents' basement and,
and maybe would have been tempted out before, but now, uh, they have all their needs met and
the, what ends up happening in society because of that, uh, you know, remains to be seen less
competition. Like Alex said, it'll be easy for those of us who,
avoid such temptation to take over the rest of the world.
I'm going to be advocating for less taxes because we no longer need public
infrastructures.
We can just stay home.
They're going to throw that EV tax same way that they did is like well we have an ev great now
you should pay more taxes because your car is heavier um they're gonna find a way to tax you
don't worry they'll be like you're not leaving the house as much therefore if i tax you actually
do you think if uh if i marry a ai wife i can file jointly get some tax deductions. What if we have some AI kids?
That's a great idea, actually.
Take advantage now before they pass legislation.
Make it a religion.
No, no, make it a religion so then they have to respect it.
Oh, and yeah, let's open
that non-profit. That way, any money
you spend on the AI is
now tax deductible because it's a
it's a non-profit organization this is a great idea the good news with that plan action is as
soon as it becomes you know like a big business and we're getting a lot of revenue we can just
switch it to for-profit and start making money yeah i know i think mic Microsoft is all about that. So I think we have an N already.
Maybe we can call it OpenAI.
Oh, I thought you were going to say we're going to call it MegaHard instead of Microsoft.
That is how they came up with the name.
I'm cordially inviting all of you to the Church of Artificial Intelligence this Saturday evening.
Amen, brother.
I could get a pretty cultish following in certain areas.
All you need is like an Oculus, that's it.
100%. So easy to get a cult following around that.
I actually didn't realize how good the MetaQuest 3s or whatever they're up to were.
I tried one on the other day, and their AR is a lot better than I thought it was going to be.
Alex, have you done a video comparing that to the Apple one yet?
I mean, it's good.
It's not nearly as good as the Vision Pro, but I mean,
MetaQuest 3 is a video game console. It has way better video games than Vision Pro. I have both.
I want to both play games and be productive in VR.
It's great though. You get what you pay for $500, but it's not from a fidelity or technical perspective anywhere close to Vision Pro.
How often are you using your Vision Pro? I'm really curious about that because you were all about it when it launched.
Yeah, I still use it basically daily.
I think it's the best productivity device I've ever made.
It turns your entire house into a computer.
So I put it on, I hook it up to my MacBook and you can have Windows everywhere and your
entertainment around you.
I think it's incredible. people like to hate on it i think most people hate on it because they can't afford
$3,500 so there's oh i hate that thing it was a bust bust bust uh but like people who bought it
and like use it to its full potential know the technology is absolutely insane
does siri work any better on vision pro i've never never used Siri in my life, so I wouldn't know.
The greatest AI of all time.
Wow.
Yeah, I was going to buy that thing, but then I bought the yearly subscription to Creative Buddy, so I'm a little broke.
I can't believe that.
Well, you should be rich.
You should be rich because if you've got the yearly subscription creator, that means your content's taken off, which means you're making tremendous amounts of ad revenue.
So you should be able to afford multiple Vision Bros.
I bet you Action isn't using it because we did a profile review space yesterday
and I was reviewing Action's profile.
It did not look like he was creating content out of CreatorBuddy
because he's still using hashtags.
Can you believe that?
No, that was a repost from somebody else, Ani.
I wasn't using the hashtag.
Nope, it's still in your bio.
It's still in your bio, too.
Well, I'll have you know, I'm crafting a new profile, a new bio right now.
It's just in my, what do you call it, my templating stages.
And I'll have it ready for you by next Wednesday.
Don't worry.
I'll send you the invoice by next Tuesday.
What else is going on by you, Arnie? What do you think of the whole convo?
Oh, no, not much. I am just very,
very frustrated at the fact that they're yet introducing another new roadmap that
they're trying to go after without fixing the things that we already have issues
with, you know, fix the spaces because spaces I think is a really really uh really amazing tool for
growth and building and you know there's so many things you could do with it live streams are
falling falling apart ex-communities are falling apart there's so many things that they were
promised obviously the creator economy don't don't even talk about it like people are still waiting
um to get their appeals sorted so like what you know, like you keep introducing new and newer features, but keep forgetting to kind of like
build a foundation. So it just doesn't make any sense to me. Like it's, it's awesome that they're
introducing new features and obviously it's going to bring in new revenue for, for X, but it's just,
you know, at this point, like premium plus, we're paying $50 a month, right?
And what are we getting out of it?
We're essentially just paying for Grok operating costs. And it just doesn't feel good.
But, you know, obviously, we're not going anywhere.
We're going to keep building on here still.
But yeah, I think it's very frustrating for most people.
I literally was just on a space earlier, just letting everybody rant.
And everyone kind of has like the same type of uh issues and we're just
waiting for x to kind of do anything so at this point i'm like you know what you know i'll keep
building till and then uh one day when my kids are born and whatever else they'll be able to
um use the x platform kind of like how we envision it so yeah that's where i'm at
is it worth it to be paying for this higher level?
Can't we just go use the Grok app, like, for free?
Are we really getting that much different, paying the extra $40 here per month?
Yeah.
Well, you get super Grok.
Super Grok.
But how many people, Penny, do you think use Grok in general just for paying that $50?
Because I feel like um you know
we were at what 20 or something like that uh for premium plus and the additional cost that they
added on is definitely for grok right um but how many people are actually using grok and on top of
that grok has its own issues too like if i chat gpt is like i would say 50 times better because
grok is still talking in paragraphs.
It doesn't have any kind of like, you know, it's very whimsical sometimes.
It hallucinates way more than any AI that I've used.
It's like, what are we really, really paying for?
It's so like sad.
Well, I think it has strengths and weaknesses.
I think that using think mode and using the deep research mode are still pretty cool.
And I like Grok in general, you know, what you're paying for is the ability to use it
a lot more.
And I think XAI is burning like a ton.
I saw an article and I have no idea how accurate it is, but I saw a billion dollars a month
right now, which is just an insane amount of money.
And a ton of that is inference, right?
Running the Grok queries.
So a bunch of people must be using it.
And I expect that probably it will get, you know,
like Elon said a couple of days ago,
and of course he's going to hype up his own product,
but he said that he's confident
that Grok 3.5 will be by far the smartest AI.
And that's right around the corner. I mean,
we're still talking about a company that's like barely over two years old. And the fact that
we're even mentioning it in the same sentence, I think as chat GPT says a lot. So, you know,
I think we're still in a transition phase with the XAI purchase of X. And I know that people
that had nothing to do with X at all are now working
on the algorithm and I'm sure on the AI and the priorities and the timelines and schedules and
everything else that have been frustrating for people. And I hope that this new leadership will,
I mean, Elon has been hiring the best in the world for XAI. And it was probably a lot easier to hire
really, really top rate people for that than for X.
He's able to give stock options in XAI, an AI company.
You know, a lot of those people got hired early
and they're like sort of part owners in the company.
And those people are in charge of X now.
So hopefully, you know, the $40 will be
more easily justifiable when the benefits of that
change start to shake out.
I definitely think, you know, you're paying to support the company and you're paying for
a lot more usage of the highest model of Grok, which will be, you know, if Grok 3.5 really
is smarter than anything else by a long shot, like you said, I mean, $40 is going to be
insanely cheap to use it all day,
every day and not run out of credits. So we'll see what happens with that. I expect, you know,
now we'll probably see that newer version of Grok in the coming days, or at least in weeks.
I don't think that we're months away at this point, they've been, you know, starting to talk
about it a little bit more again. And, um, yeah, I think, I think anyone on that tier, it is for Grok. There really doesn't
seem to be any other benefits that stand out so much right now. And my advice for most people,
if you're not a heavy AI user is definitely just do like the regular premium tier.
I think that's a good call out penny. We're paying it. We're paying $40 to support the
company. I think it's important for everyone here to support the richest person in the world.
You know, is Grok that great?
No, but we should be supporting Elon.
And so everyone, please band together and let's keep supporting Elon Musk, the richest
person in the entire world.
Monetarily speaking, of course, let's monetarily support him.
Yeah, that's kind of exactly what I was saying.
At this point, we're just supporting the company.
And, you know, a lot of us just really do want to support the company,
and that's okay.
But at least, like, I think we deserve something back, right?
The worst thing about X right now is the transparency.
I feel like there's no transparency around anything.
Things are promised.
Things are not delivered.
And that's kind of like, it just becomes the bottom line.
And that's what frustrates me the most.
But other than that, like, obviously I'm not going anywhere.
I'm still going to keep building on it.
I'm still going to, you know, have my audience like growing here and all that stuff.
But at the same time, I think it is important for us to sometimes complain and have these
conversations because maybe somebody is listening, you know? I do think that they would benefit a lot from
a transparency, you know, someone in charge of that at X, that their job is to keep accountable
for the things that they claim that they're going to deliver and keep us up to date on,
you know, their progress towards those things, even just sharing what their priority list is and the ranking order of it, uh, I think would
be like for, you know, I guess part of the problem is that they don't want to give too much away to
competitors. They don't want to show their entire roadmap and everything else. And most people on
this app don't care, but for people that are listening to this, the people that are trying
to create on the app, they really do care about a lot of that stuff. And it really would be
helpful to know the direction of the platform and where they're investing so that we know how to
spend our time. And, uh, you know, I, I, I think, you know, part of like the, the ethos of X, like
freedom of speech and transparency, that's like, goes along with what Elon promotes in general.
And it is kind of sad that it's a weak point at X. So I'd love to see, you know, they should have a
transparency czar. That should be a title of someone that works at X and that should be their
entire job. I'd love to see it. It is a big risk real quick. It is a big risk that other companies
stealing their roadmaps. I actually know as a certified fact right now,
Meta is planning to come out with a debit card very soon.
Instagram will be coming out with a debit card shortly thereafter.
That Tumblr is working on their own debit card now.
Google has their own debit card coming.
So every company now is like,
oh, X is coming out with a debit card.
So you're going to see a lot more debit cards coming out.
And I think by this time next year,
everyone's going to have at least nine or 10 debit cards to their name.
So it is risky.
I know releasing their roadmap is an everyone's going to copy it,
but it's just a risk.
Now there's going to be a whole lot more debit cards and I'm going to be
buying stocks on 14 different apps next year.
So it's tough.
What kind of mattress do you use, Alex?
I use a, it's the best mattress i've ever owned it's
the casper but it's like there's like three tiers of casper i use the uh the medium tier one because
the medium tier one is the softest uh is the softest of the three it's the one built for
softness and i because of my bad shoulders i use the uh i have to go for the softer mattresses
so that's that's So it's amazing.
I love it.
I could not recommend it more.
Well, I mean, it seems like you woke up on the right side of the bed today.
So I was just wondering what kind of bed I need to buy so I can wake up with a great attitude like you have today every day.
It's the mid-tier Casper.
I could not recommend it enough.
It's excellent.
Really, really good.
Question for the panel, I guess. So with the trading that they're trying to introduce, do you think crypto trading is also going to be a part of it?
I think that would be the forefront. And I think they'll try to go tokenized as well very soon i think that would be the vision would be to do tokenized stocks as well as crypto before anyone else or not before but earlier
yeah i think uh i think they're gonna do do it all uh from a financial perspective if you look
at the fact that they even took on polymarket and they're doing prediction markets now on X.
You know, it seems like they're not going to leave anything
on the table in terms of financial transactions.
How far are we on like the X payments roadmap?
Are we seeing that anytime soon?
Are we still going to have to keep continuing
to use external apps for just even tips? My assumption is that what's holding them back right now is that
they want to have the licenses in all 50 states before they launch it. We've been working on the
code for some time now. When they first started talking about it, I think they were saying that
they were going to be feature complete by the end of 2025 so I think yeah I think a launch in the next six months probably makes sense uh I think
that they're probably still on target for that and I know the last uh license update I think
they were getting close but there are a few big ones that they still needed
big ones that they still needed. I can wait six months. No problem. Let's see what happens.
Can't wait. Honestly, X payments would make everything so much easier. I think that's
another reason too, why they're, they might be kind of delaying some of the appeals or the
creative monetization side of things is it'll probably make it so much easier for them and less cost
more cost effective for them to kind of just pay everyone through x payments instead of stripe right
i just want everyone to be able to pay me easily i think that's the most important thing about x
payments is that like right now if we had had X payments, I could be like, Hey, everybody
send me 50 cents and we have $200 or 200 people in this room. So I'd get a hundred dollars and
I'll be rich in no time. Yeah, no, I was actually talking about this in a space the other day. If
let's say X payments was a thing and you could tip people through spaces anytime, even the hosts
or co-hosts would be inclined to kind of tip good
speakers, right? If somebody comes on, let's say like action, I really like what action is saying,
and he's contributing to the space a lot. I'd be like, okay, here's, here's like 50 cents action.
Here you go. You know what I mean? Like, well, I'm glad, I'm glad you think I'm worth 50 cents.
Thank you, Ani. Yeah, no problem, actually.
I was considering 25 cents, like a quarter,
but I couldn't even do a penny.
But yeah, it would make it so much easier
and the creator economy would actually thrive that way.
And I don't think people would even care
about creator revenue at that point.
I think tips would be a very good,
just to be able to contribute to creators that are prominent on this tips would be a very good um you know just just to like be able to contribute
to creators that are prominent on this platform would be awesome i'm thinking about it if you
think about people that got people that got bitter about like the revenue share like you know the the
content farmers and stuff people that just ask the most simple dumb questions over and over again and
they were like milking the content revenue uh. No one is going to tip those people, which means that none of the money
would go to those people. It would flow to the people creating content that people appreciate
enough to push that tip button. And I actually think a really cool way to make the like a ultra
premium tier, whatever it is, premium plus tier valuable is what if it came
with like 20 bucks worth of tips that you had to give out each month and, or maybe, maybe because
you paid 40, right? Like maybe it gives like the full 40 in tips and, and, you know, you just pass
that around to different creators. I think that would be like a super way to make sure that the
money goes to the right places. And you're not just supporting the platform, but you're supporting
the people that make the platform worth logging into. I think there's just like so many different
ways that they could improve the monetization. And I know Alex was making fun of the debit card
thing a lot, but I do think if you're a creator, especially like having other people's money on
this platform makes it so much more accessible
for you to sell things like if if they have everyone's money on this platform then it's like
super seamless to have shops on the platform and if you're a creator and you want to sell a hat
right and you know you're like putting a a mail order hat to someone and they already have their
money on the site they don't need to enter a credit card or anything it just removes
one step of friction you know shopify kind of does that already but it their money on the site. They don't need to enter a credit card or anything. It just removes one step of friction. You know, Shopify kind of does that already,
but it's not on the app. So I think that the payments will be good. I'm excited. Elon had
this vision from the time that he created PayPal, like decades ago, and he feels like
no one fulfilled it to the extent that he wanted to see to his vision. So, you know, judging by some of the other projects that he's fulfilled, you know, using
his vision, I think there's probably a lot of stuff that we haven't even thought of yet
that he has on his mind and hopefully, you know, creates and makes more value on this
platform.
Yeah, I completely, I really, really like that idea because they're doing that with
the gold tier anyway, right? They're giving you ad credits like $10,000 a month really really like that idea because they're doing that with the gold tier
anyway right they're giving you ad credits like ten thousand dollars a month or something like
that so why not do it for tips as well it would be awesome no because the money doesn't leave the
platform they're using it for advertisement so they actually made that money already i mean that
that'll be the biggest reason um but i haven't done this all space. So, Gav, I'm going to show my crypto thing.
This is the reason why I stuck around in crypto was because I got into this crazy Dogecoin community that just tipped people for posting stuff.
Like, that's the reason why I got in and stuck around in crypto.
I would mine Dogecoin and I would just give it away on Reddit before it became the armpit of the internet.
It was pretty fun.
It was exciting.
You build community.
So I can't wait to see, you know, natively being able to do that on this platform.
Right now, I'm using Kipper.
I'm not sure if y'all have ever heard of it, but I just put it in the comments.
And I've been sending literally people money left and right using Kipper because a lot it
integrates with X directly so I'm literally able to just tip based on posts I'm gonna go around
today and try to tip all you guys that are here on stage just so you can see what I'm talking
about let's take a screenshot made that make sure I don't miss anybody but it makes a big difference
man like just being able to say thank you even if it's the 50 cents that I'm worth, it just goes a long way into showing that you appreciate people's content and you're there for them.
I'm intrigued to see how it works out.
Fumbling today, a lot going on on X to discuss.
Hopefully this gave some good insights for everyone.
Also an interesting day-to-day reminder, stock market's actually closed today,
so it's funny that we're discussing
the trading side of things becoming a big piece.
But it is going to be cool.
With that being said,
next week, we are going to be off for the week.
I'm going to be at NFTMYC,
and they put my speech at 12, 10 p.m. Eastern.
So it's literally going to be smack dab in the middle of when we've been
doing this so you're going to put your your phone on stage and unmute it so i can hear you live
phone will be on stage i'll stream it through x spaces crew but we will be back on the following
week i'm all good to go and that'll be july 3rd so we'll talk about our july 4th plans on that one
we'll do a little pre-celebration how How much are they charging for NFT NYC tickets this year?
I remember like two years ago it was like $1,000, right?
Yeah, yeah, yeah.
Wait, wait.
Here, take a guess.
Take a guess.
I don't actually know.
I don't know anyone that's ever paid for an NFT NYC ticket.
Actually, I think I've only...
Anything that's higher than free is a ripoff.
Okay.
What do you think it is right now?
I'm going to take a look for you.
$700. Alright, so GA right now says that it is $349. My God
is compared to if you buy it at the venue. It's $600.
So you can buy now for 349 includes what's included here's
what's included. Memorative NFT ticket. You'll
receive a memorative NFT ticket. That's worth more than $350 right there. Content. I mean,
you get to come watch me speak. I'll be honest. That's probably going to be your highlight.
If you needed a sales pitch as to why you should spend $10. You speak right now for free.
You're speaking right now.
You're just listening.
You're not seeing the whole visual.
I'm turning on the Gigacast.
I'm watching it.
It's free.
Gigacast is free. Okay, watch the Gigacast.
That's true.
Two days of speaking sessions and sponsor exhibit access.
Free NFTs and merch giveaway.
Daily lunch snacks and drinks.
I'll be honest.
Props to them for including the lunch.
They do include it.
It's actually been pretty solid in years past. And I have not seen too many other conferences that include the lunch.
If you, however, would like a VIP experience, it's just a small upgrade. It's $1,499.
And that will actually get you a VIP commemorative NFT ticket.
Shout out.
And daily access to the VIP and speaker lounge.
And an invitation to VIP and speaker reception, which I believe is going to be in Times Square on Tuesday night.
But Alex, I know that GA is definitely not good enough for you.
VIP is probably not good enough for you. You is probably not good enough for you. You strike
me as an Elite Access fellow. Elite Access, $3,499. Now, why should you buy this ticket? Well,
an Elite commemorative NFT ticket. That's hard to beat. Access to the elite area at the tuesday evening reception which i assume is
going to be on the main stage area um i'm not 100 sure um you get your nft displayed wow alex left
as i was showing him the elite uh access ticket that is rude crude and impolite um but yeah long
story short um you should come and see us worst casest case, you can just go to the GA.
If you're a baller like Alex and Penny, you can upgrade to Elite Access.
NFT NYC, baby.
I've been going through.
We got booted because spaces suck, but we're getting a debit card.
I've been going for four years.
You guys should come.
Did you know, Alex, that if you get the Elite access package you get an sms and mobile concierge
well if you get the elite package your wallet gets drained and you lose your board age so that's a
that's a good benefit so you get a front row seat though to each of the speeches who's the speakers
who who would make something worth alex like who are you like that person I would go to a conference to in person to see them
speak jobs boom he knows he knows that's not it that's all I need go enjoy the
audience of three people that will be will be there well there's four of us on
the panel so you're wrong at least four are gonna be in the
room that's the point i know although i guess three of them technically are you know gonna be
listening to me at any time i gotta go meet with one of your employees i have a meeting with one
of your employees all right all right all right go have fun have a good time thanks alex appreciate
you guys anything else for you oh penny any other final words no happy thursday everybody
happy thursday everybody in all seriousness i've had a good time at nftmyc for like three four
years so if you guys are in new york um come to the conference you know what's your what's your
referral code gav oh do i have a referral code that's a great question try code wolf i don't
know maybe it'll work.
That's the way to do it, man.
I tell everybody to try to code action.
So, yeah, if action doesn't work, always try wolf.
There you go.
Em, you want to wrap us up?
Absolutely.
What a great conversation, especially from my perspective on a day that the stock market is closed.
Futures were open for a little bit.
They just closed as well.
So, yeah, I've got a lot of just busy work to get done.
But this conversation was a great mental break from all that always is.
I love the show that we run each and every Thursday at noon here on Wolf Financial.
We are done for the day as far as the schedule goes.
Tomorrow, market's back. We are back 9 a.m. on Wolf Trading. We'll get you ready for the stock market. We'll be live all day long
with several great spaces in between and even for an hour after the market. Check out the full
schedule, of course, pinned on the Wolf Financial main page there. Big shout out to the whole crew
hanging out with us on the X Spaces crew each and every Thursday. Make sure you give them all a follow. Check out all their great content,
both on and off this platform. We appreciate everyone for tuning in. We'll see you guys on
the next space. Thank you.
