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Winking at Web3: AI in Social media. The good, the bad, and the ugly
Recorded: July 5, 2023 Duration: 1:29:30Space Recording
Full Transcription
Awesome.
Ninety nine percent of the time crypto Twitter already feels like an echo chamber.
But that's a topic for a different spaces.
Adam, what do you want to add into that?
Yeah, you know, some really good points just made.
But I did just want to kind of piggyback off of the mention that was that was kind of made of, you know, these these platforms kind of being weaponized.
And of course, they haven't really been done to a degree where it's been really, really felt and, you know, really hurt someone's reputation.
Yet. So I think we will get to the point where deep fakes and alike really do become a monumental problem, you know, and we're going to have to find new and innovative ways to kind of track.
And the good thing is, you know, technology is keeping up to parity with it right now.
But what is that going to look like later as AI advances, as taking leaps and bounds?
I'm curious to see. I also think, as spoken about earlier in the first question, I think it's going to get worse before it gets better.
I mean, I think that's just inevitable.
I don't know if we're going to be able to keep up to parity for as long as maybe we think we are.
But I do like decentralized options that are trying to get ahead of that early.
You guys are doing some great things with, you know, social rating and looking at historical data to actually establish what are original posts versus replica posts.
That'll also help with even original content as well, as far as ranking and sorting through content that's fake.
But there's still going to be stuff that falls through the cracks, right?
So I am very curious to see how this space evolves, what actually happens, you know, along all the potential threats that can happen when it comes to impersonating, you know, users, deep fakes and the like.
But at least we have an eye on it, right? At least we're talking about it right now.
It's not it's not going to if it happens worse than it is now, it's not going to surprise us.
Right. But I am curious to see what the response will be from these tech companies and also from, you know, individuals who are creating new options to, you know, kind of rebel against the system, really.
And then create change.
Right. Another great take. And I mean, it's a new technology where we're going to have people using it for, you know, misusing it.
But we're also going to have innovators who are going to use this to stop them.
It's like cheating and hacks. It just evolves with time.
But it's honestly the same concept. It's going to be a cat and mouse game.
But I do feel that there are going to be a lot of companies who get it right and do something very impactful.
MetaRides, what do you want to add into that?
Yeah, just real quick, I'm going to double down on what was just said.
And, you know, I think that we all know that there are people out there for whatever reason, they're targeting the elderly.
They'll call. They're trying to get a social to try to get bank information.
But when they call, you know, grandpa and it's, you know, little Johnny's voice, his son from another state asking for bank information, those things are going to be exploited heavily, in my opinion.
And it's going to be pretty ugly. And, you know, we can all protect our keys and we can all protect our passwords and not click links and all that stuff.
But there's still a huge market out there of people that aren't going to understand that.
And when they hear little Johnny's voice, they're going to do, you know, whatever Johnny wants.
And that's going to that's going to get pretty ugly pretty quick.
But just my two cents on that.
But I do think that this tech is going to be big time exploitable.
I just hope that however it evolves, that there are some, you know, sort of systems put in place to minimize that stuff from happening and ultimately, you know, squashing it as quickly as possible, if that's even possible.
But that's on the negative side.
I we at MetaRights, we try to focus on the positives more than the negatives.
But you do start to see these things happening and understand that it's going to become a reality pretty quickly at a large scale.
Absolutely. And, you know, sad, but true.
And that that's realistically, that's another use case for NFTs.
I mean, using the blockchain, tracing the provenance of these NFTs.
I mean, that's that's one way to know for sure, you know, what's what.
And that's why I'm a big fan of integrating AI, blockchain, social media, having everything wrapped up together.
I mean, what's the worst that could happen?
So much tech can't be a bad thing.
Mindset makes money.
Welcome back.
Loved having you on last week.
And what what do you want to add?
I mean, I'm sure you've got some opinions on this.
You know, I I'm listening to a lot of these points and we're saying a lot of ifs and maybes.
But like, you know, the one thing I know about tech is that once it's here, especially tech like this, AI tech, it's no more ifs and maybes.
Like, it's like it's here to stay.
Right.
It is going to get better.
One thing I think that Adam said is going to get worse before it gets better.
And I agree with that, too, because, you know, just the the the people.
I believe I started the last conversation of talking about the people, the people are going to be a problem.
Right. Like there are just people who are dedicated to making their money in the way of hurting other people.
There are people who are dedicated to just doing things in a negative way.
And those people, a lot of them have a different type of drive than the people that that are just everyday people.
A lot of these people are freaking geniuses, but they decide to steal with that mindset, you know.
And since we're in that space, I think the one thing we got to make as like a normal thing is to like like MetaRise was saying,
like the older people that are going to get caught up in a lot of those scams are happening.
And with people that are not not that much older, you know what I'm saying?
I see it every day on my on my news now where people are using that fake scam to say, you know, their daughter is tied up or something like that.
A lot of that stuff is going to happen. But we got to we got to teach people to be less reactional to any situation.
And I know that sounds crazy when somebody's talking about they're holding your daughter.
But those are the situations when you have to be the most rational, when there is danger, you have to be the most rational.
And the first thing I do is call my daughter. Right.
And that has to be the mindset that we're telling the older people, because this technology is here and it's doing these things already.
We're talking about the dangers of the future. There's already all of this danger. Right.
So we want to start talking to the people that are most likely to get caught by these things.
And we're also like I also think we're in a great place because those seem like like I believe Adam said earlier, those same people are working on solutions for this thing that they know is a problem.
Right. Right. A lot of people that are building this technology are also building technology to combat the negative that is going to come with this.
So I just I think that, one, it is going to be a storm before we get some clear skies.
But I also think we need to we need to just do the do the reset on what we should be telling people as far as information.
People should already know not to click links, you know, like that should be already something embedded in their mind and their spirit.
You know, but like we got it. We got to take it to the next step.
We got to get it to a place where where we people are thinking if it's a red flag, then it's a scam.
You know, it's something that I believe NFT millionaire always says, man.
He's like, yo, if I feel like it's a red flag, then it's a scam.
I don't like I I'm not worrying about the FOMO.
I'm not worried about what I might miss out on.
I just I feel like, yo, I there's so many things that don't have red flags that we could deal with.
You know, so we got to just put ourselves in that mindset.
Yo, if it feel too good to be true, it is, you know, there's no such thing as free money.
It never has been. It never will be, you know, and like like let's start dealing with people that we trust.
Stop. Stop jumping on everything that somebody sends you.
If you're if I'm buying something, it's from somebody that I trust somebody that I did the research, somebody that I did the work with.
And AI is scary because they can look like somebody you trust.
But that's why you double check, you triple check, you know, understand that it takes a while to make money, but it's so easy to lose it.
You know, it takes a while to to build your identity up.
It's so easy for somebody to steal it.
So you want to protect those things by just being like I've been saying earlier, being more digital, you know.
Completely agree with that.
A lot of good points, a lot of good points made there.
James, go for it.
You know, I and maybe this is an unpopular opinion.
I do agree to an extent that we will see a storm before things get get better.
But when it comes to the AI integration to social media, I think it's the other way around.
I don't I do not believe that there would be a downside before the upside for social media.
I in fact, I think when it when we're talking about mainstream social media platforms, they cannot afford to have a downside before the upside.
I think where that will happen is in the the smaller startups and the smaller social media platforms that are just getting started.
You know, they will be more adventurous with the different types of integration and and the different aspects of AI that they add.
But but and you see when when those smaller social media platforms do add those more adventurous features and find success with those features, that's when the bigger social media platforms, the mainstream ones will pick up, you know, those features or buy out those smaller platforms and merge them with their their larger counterparts.
And I think for the startups that that do integrate more adventurous features only to fail, because if a social media platform has an uncontrolled AI running their their system, you know, it's it's doomed to fail to begin with.
Right. So, you know, when when talking about also on on say Twitter, for example, with AI integration, you know, the the calm before the or sorry, the storm before the upside is is going to be non existent.
I think they'll they'll they'll mitigate AI to such an extent where the only impact that it has is positive and then it will be a slow climb upwards.
And then the real people that are getting burnt from AI or the real social media platforms that are getting a negative impact from AI will be the small ones that are being more adventurous and and adding more aggressive AI integrations, sort of being the guinea pig for then the larger platforms to pick up on and and integrate into their own platforms.
So, you know, I my forecast or my forecast or my opinion for the next year or two for for mainstream social media platforms, they'll absolutely integrate AI.
But you see, when you have something like a chatbot or an AI chatbot in your social media platform, similar to like what Snapchat has, if they wanted to have a true authentic AI chatbot that actually provides value, it would be way too much of a risk and and could likely kill the platform.
You know, you know, you have to keep in mind the shareholders and a lot of these companies as well.
And I mean, that's that's exactly why if you have used Snapchat's AI chatbot, it is probably the most useless software labeled as AI I have ever used.
But it's going to be very interesting regardless.
Well, great, great points.
First off, I love chat GPT and I'm going to just keep thinking it's one of the smartest things out there because solves a lot of my problems.
That's what I love about it.
And, you know, very, very much agree with a lot of that.
A lot of this conversation is actually making me think of a TV show person of interest, really fancy AI in that.
And, you know, hopefully we don't get there where we're AI is basically calling the shots.
I want to talk about something more fun.
And let's dive into a little bit to do with gaming.
I mean, casual games are really starting to cement themselves on social media.
Facebook is, you know, a lot of games over there.
And I'm curious if any of you think that AI will have an impact on the casual games that we see on these various social media platforms.
I mean, I think eventually we may get some on Twitter.
We may get some on other platforms and MetaRides.
I want to start with you guys.
You're a game and, you know, AI is going to play a big part in game development and the entire industry, to be honest.
Do you think that AI is going to have an impact on these games we see on social media?
I think that there's going to be an impact.
I don't know if it's going to be, as I mentioned earlier, I don't know if it's going to be more of an impact on the UX or more of an impact on the building process.
I think that, you know, for the creatives out there that are building something, you know, whether it's a short form, you know, video game or racing game or whatever you build or long, you know, something that's long and drawn out.
I think that the day to day utilizing you, AI is going to ultimately help somebody get there quicker and help somebody with ideas be able to act on those ideas quicker than they would normally.
But in regards to the UX, I mean, we came up with the concept of racing against the AI and whether that ends up being something that's huge or not, we don't know yet.
But that we want that experience to be different than racing against the computer when you are just a single player.
But there are so many possibilities with this.
I don't know that anybody knows the answer to this totally yet because most people are just using the AI to help with their day to day, with their coding, not necessarily looking at it in a way that they can incorporate it into the game, I don't think.
But I think that those that figure that out might actually get a leg up and ultimately, you know, be first to market with it.
But it's it's tough to say that this is exactly how AI is going to play out with gaming, at least in my opinion.
We've talked about it almost every single day for the last few months where we try to incorporate it at the very least to help us with tweets, to help us with socials, to help us with whatever.
But we want it to be integrated more into what we're building.
And, you know, our head developer that's building out MetaRise Racing is actually from the Need for Speed franchise with EA.
And he's trying to figure out a way to take AI into what he's known forever in an effort to help build this out in a different way, to shape its path, maybe in a little bit different of a direction.
So I don't know what it looks like yet, but we do talk about it often.
I just don't have a definitive answer.
And I'm not sure that anybody does at this point, but I'm anxious to see how it plays out.
Great, great take.
I do share a lot of those views.
Adam, what do you think about it?
Well, I'll make my point quick because I think mindset makes money.
Might have been first there, but I'll just mention mine really quick piggybacking off.
So what I thought was quite interesting was, I think it was NVIDIA, I believe, or one of these big names, right?
When it comes to gaming, they were actually implementing AI in such an obvious way.
But I was like, wow, like that's actually happening where when you're talking to NPCs, the interactions are going to be less NPC-like.
So they're actually going to be conversational, right?
We're not going to be able to kind of tell what the NPC is going to say.
It's going to be able to pull from, you know, data and experiences that are happening in the game to make the conversation more natural.
I think that's where we're going to see more application is the type of things that we would expect to be more human are going to be more human.
And with AI being implemented inside of, you know, GameFi or traditional Web2 gaming, whether it be conversations, whether it be making decisions better from the main player standpoint or interactions in the environment that you're in.
I think we're going to start to see an accelerator of that.
Not to be a downer, but I also think there's the inherent risk of, you know, cheating, right?
I think cheating can definitely be enabled through AI if it's in the wrong hands, like any tool.
Now, there is a balance, right?
You have these game studios.
You have these independent creators who are making amazing things, both in crypto and in Web2.
And it's, you know, can you catch those who want to do ill and kind of imbalance the platform fast enough or are you going to be outpaced?
You know, it's a battle right now.
It's a battle.
We're not even really seeing AI in that space as much, but I think it's only going to accelerate.
But I think there is a lot of good happening as well.
I'm excited to see how that develops and especially excited to see how it develops in the GameFi space in crypto, because I think this is really cutting edge.
And I think we're going to see the biggest changes here first, even if it's on a smaller scale.
So very excited to see what develops there.
I completely agree with that.
Another great take.
Mindset makes money.
What do you think?
I love what MetaRide was saying about them integrating and making the game more fun.
I, you know, I used to play 2K for years.
I think, you know, maybe about six or seven years.
And then when I got into NFT, I took two seasons off.
Right.
And, you know, just refocusing on the work.
But I went and I brought the game this year.
And I the first game I played had a quadruple double.
Right.
No, no real like no real.
My guy wasn't really built up.
He was like average, like 80 or something like that.
And, you know, I ended the game with a quadruple double.
And I said to myself, the NPCs on this, the system that it runs on, it's been the same for so long that anybody could have a great game.
The odds of you losing to the computer has has damn near disappeared unless they don't play you.
Right.
Like like real talk.
I think I played the whole season and I won 81 out of the 82 games.
And the only game we didn't win is because they didn't play me.
You know, so I was just like, why is the system that easy to play?
Right.
And that's because the the NPCs are just they're going to run the same place.
Right.
They're going to they've been running the same place.
Right.
And it's not that they're they're trapped in one book of this, that the Spurs play a certain way.
Right.
And they're going to run the Spurs plays a certain way, even if you've been spanking those plays the whole time.
I think adding AI to that will, one, immediately make it more difficult to win.
Right.
And I think like the the game world right now, a lot of it is about just you being a demigod, you know, like you being the best of the best without having to really work that hard, especially if you're dealing with like loot boxes and stuff like that.
Like if you've got the money to spend on the equipment and all of that, you're able to play the game comfortably.
Right.
And it takes away the for me, it takes away the whole purpose of the game.
The game was meant to be a little difficult.
It was meant to challenge you so you could really when you get to the end, you get to that victory.
It may it was it was worth the time that you spent.
And I think integrating AI, making the NPC smarter and something that Adam was saying earlier about like just.
The the the the way people interact with NPCs, it being less NPC like is something that they have been trying to do.
You know, they have been trying to do that more and more, but I don't I don't I don't think there is a coding to fix that.
And I think AI really might actually make it seem like you're you're dealing with a you're dealing with a person instead of an NPC.
See, I think the one big thing that that I that I see coming from this is that if you did it right and I don't know how they would do it, but if you did it right, that means every time somebody interacts with an NPC, the whole conversation could be different.
Right. There there there there there's a possibility of not having a ending of anything.
Right. Everything is is the journey you're going on and say some of these open world games, there is no ending.
Right. You're going to be playing this game and upgrading and going from different places in the way you interact with people could be infinite.
You know, even if people interact with the same NPC, you know, that the possibilities could be infinite.
And I don't I don't know how you make a game better than that.
You know, it almost leads us to the places of of straight fantasy, like like Issei Kai and all of that other stuff.
You actually being able to integrate that in and build your own story, because a lot of these games, you know, you are able to build a story, but it's not really your own.
They always they always pick what the ending is going to be or the road is going to travel down.
It may be several of them, but none of them are your role.
And I love the idea of actually being able to immerse myself in my road and only my road with the help of A.I.
But I don't know how we I know we are pretty probably pretty far from there, but I would love to see if that could be the thing.
That's a that's another great take.
I mean, I really do agree and resonate with the majority of that there's something that I constantly get asked about.
And, you know, with the majority of us being involved in the blockchain industry, do you guys believe that NFTs will play a part in helping us decipher real people and what could possibly be an A.I.?
Maybe not now, but in the future, I think this is going to be a lot more relevant.
And, you know, if so, do you want to be recognized as your PFP NFT?
I kind of want to start with you, Adam.
I really would like to get your thoughts resonate with a lot of what you said.
You think you do you think NFTs are going to really help us know who's real and what's an A.I.?
Well, I would say yes.
That is one that I do feel quite confident about.
Reason being is when you have kind of like a verification criteria bound by some sort of payments or confirmation, especially if it's bound to some sort of monetary tie in, whether it be crypto or fiat.
The risk of it being faked, the risk that it's botted or so on is brought down significantly, usually because it's just not cost beneficial to fake that unless it's a high value target, which sometimes it is.
And then it makes sense for those folks to still on top of that, you know, put up some money behind it.
But I think having having an NFT be bound to that verification, I think, is extremely valuable.
And I think that's something that is not going away.
That's here to stay.
We've seen the value of NFTs both, you know, from practical use, but also artistic, which has its own value and so many others as well.
There's a lot of ways that space can also develop.
So, for example, I keep going back, the more I discover about what you guys do, the more it kind of makes sense.
I know it's still being developed, but how you guys are doing NFTs, right, from a creator standpoint.
So you have your main kind of, you know, portal, and then you can create, you know, creator NFTs.
You can customize those NFTs.
You can offer special services bound by those NFTs, such as special events and, you know, content behind that paywall of access.
There's a lot of things you can do.
To be honest, I think it's going to go to where people already are wanting to show support, which is the dynamic between fans and creators.
I mean, think about it, right?
I spend so much time on YouTube, probably more than I should.
Also, a lot of time on Twitter, maybe a little bit less with the limiting recently.
But there's people that I follow, and I don't consider myself like a fanboy or anything of anyone.
But there's still people I follow.
If there was substantial quality content behind an NFT that a creator had made, I'd probably buy it, right?
Because it's a one-time thing, or should be, however you want to set it up.
But let's say it's a one-time thing.
Well, now I have access to that content that I might want the most.
I think it's a no-brainer.
So I think we're going to see more implementations of that.
We're going to start to see verification and access through some sort of, you know, bound mechanism.
And I think an NFT is just obvious, right?
It's already been battle-tested for years now.
I think it can develop further.
But I really do see that space developing quite a bit.
Again, another agreement from me here.
And I try not to be a fanboy either.
There is one person I'm a fanboy of, and he's not listening here today.
So it doesn't count.
James, what do you want to add to that?
Really interesting answers.
And I'm very excited to hear everyone else's opinion.
But, you know, it sounds like a common trend here.
Every integration of AI into social media is a double-edged sword.
You know, it provides amazing upsides, but it's also going to provide a lot of negative impacts,
as well as a lot of hurdles to overcome.
I mean, I think with NFTs being used to identify the difference or differentiate the, you know,
between real users and AI bots, it would, it works.
I mean, that would be, that would be good.
You know, you know, with Twitter, adding an AI, or sorry, adding a NFT as your profile picture is a thing.
But using NFTs to truly differentiate between real users and bots would require a lot of work, time, and thought.
And I think, you know, when it is done successfully, it will only be done after a very intensive, innovative approach
that would probably take, you know, multiple tests of kind of the smaller social media platforms that larger ones would get inspiration from.
I mean, I think, you know, all of the upside is pretty transparent with, you know, using NFTs to differentiate between real users and bots.
But where I think it can get to be a negative impact is because, I mean, if everything's on the blockchain,
all the transactions are public, right?
You know, so if people are linking their biometric data, if people are connecting a lot of their two-factor authentication processes with an NFT
that would prove they are a real human, it also comes with its downsides with the blockchain being public.
Perhaps there could be some issues with privacy on that level.
And even more so, you know, say your NFT or your identity was somehow compromised.
Now it is less than just, or it is much more than just a hacker or an intruder having access to your social media page.
They have access to the NFT that is backed by your biometric data and everything that proves you are you.
So if you have a reputation and somebody somehow compromises your, say, NFT or digital authentication that proves you are you,
it can prove to be a massive issue.
I mean, as we all know on Twitter with a lot of celebrities, I believe Elon Musk, a few other large names on Twitter getting hacked
and doing the Bitcoin doubling tweet.
I think I watched an entire documentary on that.
You know, that in itself is scary.
And I believe a couple million dollars were taken from, you know, the audience of those pages.
But at the end of the day, you know, anybody that maybe is affluent on social media and can recognize a scam
wouldn't fall for something like that.
Whereas, you know, with a digital authentication, it's an entirely new level of difficult to trust people, right?
So, you know, I think with all other topics on this space, it's all a double-edged sword.
But at the same time, it's extremely interesting because really, you know, it's going to turn into an arms race
between the people that are exploiting the AI, the hackers that are trying to take advantage of the AI,
as well as the platforms that are, you know, doing the opposite and trying to mitigate those risks.
And I believe it was Mindset Makes Money who mentioned this.
But, you know, I kind of agree with what you said with, say, you know, educating elderly people, you know,
in the fact that, hey, if your kid or your grandson calls you and is asking for money,
double-check with them and make sure it's real before following through with that.
That's great and all, but in the grand scheme of things, it won't, it will have relatively no effect
on the people that are getting scammed.
I mean, you can do as much, you know, mitigation and you can make it,
you can make everybody aware that there are scammers out there, even elderly people.
But at the end of the day, it doesn't matter how much, you know, mitigation approaches are made to, you know,
shed light on the fact that now AI is out.
Be careful if you get a phone call from your loved ones who are asking for money.
That's great.
But at the end of the day, as a hacker or from the perspective of a scammer who is,
who are utilizing those techniques to scam elderly people,
really all it does is decrease the conversion rate on the amount of victims that would fall victim to that scam.
So I think regardless, it's a double-edged sword.
And I think really, you know, one question that I would even have for you, Mindset,
sorry, Mindset makes money with your hand up,
is do you think it is when AI gets integrated to these big, larger platforms eventually,
and they, you know, inevitably gets exploited in certain ways, maybe to scam people,
do you think it is the platform's responsibility to mitigate those risks?
Or do you think shedding light on the fact that these scams are now possible and very rampant on social media,
you know, do you think, do you think it's the social media's responsibility to shine light on that
and prevent that from happening?
Or do you think it would be, you know, kind of a free-for-all?
I think, I think it's going to be a little bit of both to be all honest.
I think that, of course, with any, with any corporation, you know,
if people are getting scammed often through that corporation,
there are going to be a group of people that want to hold them accountable for all of it, right?
And we can't, we can't blame everything on social media.
You know, like, we, we, we can't blame the habits of people on a machine, basically, right?
Like, if you've been in this space for a while,
most likely when you first got here, somebody tried to pull something over you, right?
Like, and when does it become, not the, the, the tool that they're using to do it,
when does it become your fault?
The first time?
The second time?
The third time?
Like, we, we, we have to educate ourselves.
We have to educate the people around us.
But the, the, the organizations, because the reality of the matter is,
whether people are scamming or not,
these organizations are making boatloads of money off of what's going on here, right?
Like, if, if we're here, if we're using Twitter,
then Twitter is making money off of us every single day, right?
And if you're going to make money off of me every single day,
then you should try your best to protect me.
Are these, are these organizations going to do that?
That is, you know, left to be seen.
I'm not betting on it, to be all honest.
Like, I, I look at a lot of these, these organizations
and the, the, the, the, the negative things that are happening on them.
They, they go to courts for these things.
They, they pay out all of these fines, but it is,
it's more lucrative for them to allow these things to keep on happening
than to fix the problem.
It's more lucrative for them to pay these hundred million dollar fines.
You know, it's like, um, it's like my boy, he only,
he only invests in Apple.
And I always ask him like from, for years, like why Apple?
He's like, listen, Apple destroys your every year
when it comes out with a new one, right?
It slows it down.
They pay millions and millions of dollars in fines,
sometimes 500 million, a hundred million, 200 million,
but it's usually two, three years after it happens.
Right.
And in that timeframe, they make, you know, 10, $12 billion
that those fines don't mean anything to them.
It's just a part of doing business.
And, and I think like AI, um, could really hurt a lot of people really fast and really bad.
Right.
And they can't take that approach because if they take that approach,
I think, um, like some of the smaller businesses that you were talking about,
um, a lot of these big businesses, if they take their eye off the ball,
they're going to take a loss, you know?
Um, and the reality of the matter is some of those losses,
they're not going to be able to come back from.
Nobody's too big to fall.
Even though some, some people we think are too big to fall.
Nobody's too big to fall.
Everybody is one mistake away from ruining whatever platform they had.
So like they, they, they got to hold themselves accountable.
If they're holding themselves accountable, if they're, if they're out here doing,
like you said, um, and, and, and allowing other people to test these things,
take their time and not rush trying to be first to something, um, and, and,
and do their research and make sure that the AI tools that they, that they have,
um, they can combat the problems that come with them.
Then, you know, then I think we're going to be all good,
but if they don't do that, it's going to be the wild, wild west.
And this is going to be scary because, you know, like I,
I think the saddest part for people is people are so used to easy that it's
easy to get over them with providing something that looks like it's going to
be easy to do.
People are so used to like, yo,
this idea of something being free or something being able to be given to them
that that's how these people continue to get over them over and over and
over again.
Um, and the sadness is that we got to change that mindset.
First, if we change that mindset first, all of these other problems we could work
out, but, um, we'll see what happens, man.
A very good take.
And we, we don't know what's going to happen.
We're basically living through this and just like, um,
a lot on the blockchain and how businesses run there,
the playbook is being written as it happened.
Um, Josh, Jay, thanks for joining us.
And what do you want to add into that?
Yeah.
Um, yeah.
I mean, something that, uh, mindset was talking about,
made me think of a Warren Buffett quote in that, you know,
it takes 20, 20 years to build a reputation and five minutes to lose it.
Um, so, so really a lot of people think that these companies are too big to fail,
but everything's built on their brand and Apple is so powerful because of its brand.
When, when, when they release a product, it's, it's, it's received very well.
And a lot of people buy it simply because it's Apple.
Uh, most of the consumers don't even research the technology, um, or, you know, the Android,
um, even Android has a lot of products that, that is probably better than Apple,
but I simply like Apple more.
There's a lot of cross compatibility with its products and that's why I buy Apple products.
Um, so, but at the end of the day, Apple can also fail.
Um, and a lot of these, um, big banks can also fail.
Um, so, you know, the only reason banks, people use banks right now is because, you know,
I'm, I'm, I'm someone who is a supporter of DeFi technologies and, and banking in, in
a decentralized manner.
Um, but, but the majority of people in this world trust banks and they trust the brand
name.
So like us bank, uh, JP Morgan, Chase, um, a lot of people just know that or believe that
when they put their money into these centralized, um, companies that they are there, their money's
gonna be safe because they trust the brand.
Um, but I, I think exposing some of the nefarious, um, things that, that these banks are doing,
um, what will ruin their brand.
So like, for example, I think it was JP Morgan.
I was listening to breaking points by, uh, crystal ball and Sanger and Jetty.
If, if anyone, um, I come from the political industry, that's where my startup is.
Um, if anyone is looking for a great podcast, um, to learn more about politics, definitely recommend
it, um, but, but they were talking about, I believe it was JP Morgan and they were subpoenaed
by, um, the SEC, I believe, because they were, they were violating a lot of FF, uh, SEC laws.
And JP Morgan has so much power that they just told the SEC that the, the documents that they
were being subpoenaed for, um, uh, they lost.
They, they, they were accidentally deleted and, and, uh, you know, uh, crystal and Sanger
were, were basically saying like, you know, yeah, right.
But, but the mainstream media won't cover this because, you know, um, they're, they, uh,
benefit directly from these banks staying in power.
Um, so, so to, to park my tricycle in, in the garage, you know, I'll just end on, on,
on, on connecting this back to web three, you know, we, we have a lot of powerful people
to overcome, um, to, to create technology, um, that will benefit, you know, the general
population.
Um, but I think we can do it if we have a good understanding of, of the macro, um, phenomenons
that are occurring in our world.
Great points there.
Uh, definitely agree with that.
I try to stay out of politics in Twitter spaces.
You never know who's going to send you a death threat if you go and choose either side.
But, um, I, I do want to thank everybody for coming out.
This has been a very educational and informal space.
We're going to start winding this down and I want to go around and just ask everybody one
final question.
I want to know one big major positive that you think AI will bring to social media in
the coming years.
Something that you think will be either fun, creative, cool, or innovative.
Uh, let, let's start with Adam.
I mean, I'll always love how you approach these things.
What do you think is going to be something awesome that AI brings to social media?
Yeah.
Um, I think it's going to be something we've never seen.
I think that's going to be what's exciting.
Um, so what I mean by that is, um, you know, again, I'd love to research the space, both
web two and web three.
Um, I'm starting to see technology bubble up where, when it comes to, um, auto detection
of, you know, malicious content of, you know, repeat content, fakes, those sorts of things
that excites me because that creates an environment that I actually want to be more a part of.
That's an environment that I feel more comfortable getting a family member included in.
And they don't have to worry about feeling like they're going to get scammed or impersonated
or things like that.
That's what excites me.
So, so I think, you know, putting a positive spin on everything we talked about today,
I think there's a lot of positives, but that's one of them when it comes to social media,
which, uh, I think we interact with perhaps a little bit too much, but, um, there's a lot
of great content here as well.
This is kind of our, our, our new source, if you get the right sources plugged in.
So, um, on the topic of plugs, I did really want to mention you guys again.
Um, you know, you guys are absolutely innovating on so many different fronts, but specifically
in AI, I do like what you're doing.
We talked about some of it, but I encourage people to dive in.
Um, you know, that being said, of course, uh, you know, I, I am an advocate for y'all.
Um, since last time, you know, I've dove in more and kind of understood what you guys are
doing.
Um, I do want to see more of it though.
So I'd like to actually see the platform in beta to actually test out some of these AI
features, but you guys are touting quite a bit, the ability to, you know, auto, auto
report stolen, um, and ban content, uh, live transcriptions, which is really cool.
Um, there's a lot, there's a lot to look at there.
Um, the other thing too, is I don't even know if it was mentioned yet, but you guys actually
have a token that's going to be, you know, coming out soon.
Um, so I know personally, if I was in a, maybe a little bit better of a financial spot, I
might look into the private sale you guys are doing.
Um, but, uh, I'm probably going to be staying tuned for the, for, for the presale that'll
open.
Um, so I'm definitely going to keep an eye on what you guys are doing with that token,
but I would just say, um, it seems like you're, you're, you know, one of the good platforms
out there.
So I would say, keep on that course guys, everyone at wink, um, keep doing what you're doing,
keep facilitating these, uh, spaces.
They do a lot of good for getting the word out and having these conversations, which I
think we need one much more on Twitter.
And I'm excited to see, um, what you guys do and also, uh, jump into more of these conversations.
I learned a lot here and, um, it's great to see all these voices come together.
Absolutely.
And thanks for that.
Um, honestly, I really think being able to trace content is going to be huge.
Not, not only for those creators.
I mean, that that's a major aspect of it.
You want to know, and you want to make sure that nobody is, you know, passing off your
content as theirs, but for businesses out here, being able to see that there is a talented
creator making all of these videos, making that content, that's going to make a business
know who they can potentially reach out to and work with.
I mean, you can see the same videos being posted on other platforms and you really don't know
who makes them, but the quality is there.
And I think that's going to be a very big benefit to businesses and users alike.
Um, James, uh, I want to get something out of you.
One last question.
Um, what do you think is going to be a major, um, positive aspect of AI in social media?
Yeah.
Okay.
Uh, we'll get to James next time.
How about, how about you, Josh J?
Uh, what do you think is going to be something amazing that AI brings to social media?
Yeah, I think there's going to be a lot of things, but, um, my main thing is empowering
content creators and empowering people who want to be content creators, um, to become content
creators.
So, you know, the barrier to entry to becoming a content creator, I think is very high right
now in that you need like a, to pay a really good editor, unless you have a good friend
who's a really good editor.
Um, you need to have a good branding strategy.
Um, you need to have all these things.
Um, and I think, you know, I use CapWing.
Um, I've started to use it.
Um, and what, what it can do is you can import an audio recording and then it will source a
bunch of images and videos, um, from, uh, the internet.
Um, and based on your transcript, um, you can create content, um, in that manner.
Um, so like for example, this recorded Twitter space, um, I use a spacesdownloader.com, um,
and for, for my Twitter spaces that are recorded and then I'll make an MP3 audio file out of
that Twitter spaces and then I'll put that file, um, into CapWing and then it will create
a ton of content clips, um, based on my voice, um, that I can then post on TikTok, um, or
on, on Wink, Wink, uh, platform, you know, once you guys are up and running.
Um, so, so yeah, I, I don't know if you guys are already up and running, sorry, I'm uneducated
on Wink, but I definitely, from what I've heard, it seems like you guys are doing a lot
of cool things.
I definitely appreciate that.
And everybody, uh, I want you to know if there's anything that you're curious about what we're
doing, click on the link tree, check out what we're doing in Discord.
We've also got a very active Telegram channel and we're going to be doing these spaces every
single week, same time, Wednesday, 2 PM EST, usually going to be talking about social media,
good aspects, bad aspects, what needs to be improved, who hates late rate limiting.
I mean, that's something that everybody on Twitter probably dislikes by now, but you know,
I personally feel that's a great asset to the community, just having these open forums and
being able to talk about various subjects by maybe touchy, maybe not, but you know, who
knows if it's on everybody's mind, we want you to be able to really get it out there.
Um, mindset makes money.
Uh, what about you?
Tell us a big positive aspect.
Do you think AI is going to bring to social media?
So, you know, uh, one, I just want to say thank y'all before y'all close up.
Um, you know, like I, I, I'm screaming to the top of my lungs for the last couple of weeks
about leadership, leadership, leadership, um, and just talking about topics that matter
instead of wasting time talking about people that don't, you know, like, so I appreciate
y'all for this.
Um, this one, uh, is really far fetched.
Right.
And I want y'all to understand this is the, this is the kid in me right now, just thinking
about all of the possibilities.
I would love, I would love for my social media to be a personal AI, right.
To, to, to be able to have a personal AI, um, you know, not, not something you had to
build yourself because you know, like you, you basically gotta be a genius, you know?
Uh, but to be able to have a personal AI, you know what I'm saying?
Somebody that some, something that would grow and talk to you and, and help you build your
socials and, and kind of run everything in the background.
It like, just, I know it's really science fictional, man, but I, I see us getting there.
I see us getting to a place where everybody has personal AIs, right.
That, that handle a lot of the day-to-day stuff, um, that actually are out there.
On the hunt, looking for AIs that are doing things with your information, somebody that
is going to protect you in the computer world.
Um, you know, because I, when we think about the, the best way to combat negative AI is,
is to have positive AI, right.
And what better way to combat negative AI to an individual, you know, than to have one
that, that, that detects all of that.
Um, so, you know, like the kid in me would love to have a personal AI.
So we could, so we could, uh, take these, these, uh, these web three streets on together.
Well, I know we're pretty far from that, but, um, I would love to see just like this integration
of, of, of becoming more of a personal tool, something that everybody could use, but, um,
personally make it for, for, for the way they want to use it, the way they want to, um,
integrate it into the system.
I don't know if that's a possibility, but Hey, everything is a possibility right now
because we're in the space of, um, you know, the impossible.
So I appreciate y'all again, like always say, before I leave a room, greatness is a team
sport.
People look left, look right, look up, look down, find your tribe, make sure you do your
research until next time.
I will see you in space people.
Yo, can I respond to that real quick?
I know you're trying to close down the space, but just like a quick comment.
Yeah, go for it.
Yeah.
I've been building my own LLMs and I actually had kind of that idea, um, for an AI that basically
understands everything about you and can, and your, especially your digital footprint.
Um, and if you give it enough data, it can recognize your, your personal vulnerabilities,
I guess, like that comes from kind of like a cybersecurity standpoint.
Um, but like in, in any application, there's vulnerabilities, um, and you, and you want to
minimize those vulnerabilities as much as possible.
So, I mean, I do think we have the technology to kind of create a, a digital personalized AI.
So, I, I really like that idea mindset.
Honestly, me too.
Uh, as soon as I heard mind over money talking, I'm instantly thinking that I want, I need my
own version of Jarvis.
Hopefully one day we get one of those.
I think that would be so damn cool.
Uh, make life a lot easier.
Have a nice robot AI friend to chill with on Twitter spaces.
But this was awesome.
Hour and a half up here, guys.
This has been, you know, a really fun space.
I love the educational entertainment mix in spaces.
That's my personal favorite.
So, I hope you all enjoyed this as much as I did.
Thanks to all of the listeners for coming out, all of the speakers for coming up.
We're going to be doing this same time next week.
Another topic to do with social media.
If any of you would like to come on, just send me a DM.
We'll, we'll get this all situated.
That's something that we do.
We love to have the community members and opinionated people on Twitter.
Just come up and share with us.
I mean, that's what these things are really all about.
We're doing cool things.
You're doing cool things.
Everybody building in the bear is going to be rewarded later.
So, just do your own research.
Keep track of what's going on out there.
Because this space moves so fast, you blink and you miss three things.
So, make sure you keep your alerts on.
Follow all of the speakers up here.
Everybody is very smart doing something awesome.
And thanks again for coming out.
Till next time, everybody.
Have a good day.
Have a good day.
