Daniel Priestley

find incredibly valuable and that improves the quality of their life. I personally did an M&A, a mergers and acquisitions deal where I bought a company last year and the AI was so powerful at helping that process. The conversations were transcribed and they were turned into letters of intent and then press releases and legal documents. And we probably shaved $100,000 worth of

uh costs and and we sped up the whole process and it was pretty magical to see how how it could happen with that said you know there's there's all of these like well a hundred thousand dollars worth of lawyers didn't get paid right so well what i want to know yeah but if we look back at the invention of the cell phone or the invention of the social media platforms

uh costs and and we sped up the whole process and it was pretty magical to see how how it could happen with that said you know there's there's all of these like well a hundred thousand dollars worth of lawyers didn't get paid right so well what i want to know yeah but if we look back at the invention of the cell phone or the invention of the social media platforms

Sorry, you also used AGI, artificial general intelligence. It'd be interesting to know what your definition of AGI is.

Sorry, you also used AGI, artificial general intelligence. It'd be interesting to know what your definition of AGI is.

Within a week.

Within a week.

Can't see around the corner.

Can't see around the corner.

It's also a huge risk with business processor outsourcing, which is essentially... Western countries sending jobs to India, to the Philippines. Like at the moment, millions of people have been lifted out of poverty through the ability to do those kind of business process outsourcing jobs. And those are all going to go. But they're going to have 1,000 employees.

It's also a huge risk with business processor outsourcing, which is essentially... Western countries sending jobs to India, to the Philippines. Like at the moment, millions of people have been lifted out of poverty through the ability to do those kind of business process outsourcing jobs. And those are all going to go. But they're going to have 1,000 employees.

Until they're trained. Yeah.

Until they're trained. Yeah.

Yeah, my belief is that... So I have a more broad definition of AGI and the singularity. And for me, AGI is do we have artificial general intelligence in terms of generally speaking, can AI just do stuff that humans used to be able to do? And we've already crossed that point. We have this general intelligence that we can now all access. And 800 million people a week are now using ChatGPT.

Yeah, my belief is that... So I have a more broad definition of AGI and the singularity. And for me, AGI is do we have artificial general intelligence in terms of generally speaking, can AI just do stuff that humans used to be able to do? And we've already crossed that point. We have this general intelligence that we can now all access. And 800 million people a week are now using ChatGPT.

It's exploded in the last three months. And then to me, a singularity...

It's exploded in the last three months. And then to me, a singularity...

When the first tractor went out onto a farm, for me that was a singularity moment because everyone who worked in farming, it used to take 100 people to plough a field and now a tractor comes along and two guys with the tractor can now plough the field in just as much time and now 98 people out of 100 are completely out of a job.

When the first tractor went out onto a farm, for me that was a singularity moment because everyone who worked in farming, it used to take 100 people to plough a field and now a tractor comes along and two guys with the tractor can now plough the field in just as much time and now 98 people out of 100 are completely out of a job.

We only have one thing left. We have our muscles, which we got rid of in the industrial revolution. And then we have our intellect, which is this digital revolution. Now we're left with emotions and agency. So we essentially, the agency idea, I think we used to judge people on IQ and now IQ is the big leveler. And now going forward for the next 10 years,