Lewis Bollard

Well, co-domain meat's already illegal in seven US states.

It might soon be illegal in the entire European Union.

So by the time we get AGI, will they even be able to sell it anywhere?

So again, I think there's a huge amount of good that technology can do in this space, and I'm optimistic that AGI can accelerate that hugely.

But at the same time, I think we should prepare for the significant possibility that AGI does not end factory farming, that actually this is an incredibly efficient system that has persisted through all kinds of technological changes and that could persist through this technological change.

What is it that makes it so efficient?

So the basic efficiency is that the animal and the chicken in particular has evolved over...

a very long time to be a being that can take in a relatively small amount of grain and convert it very efficiently into a form of protein that people like to eat.

So the feed conversion ratio for chickens, the amount of grain you put in to get meat out is like 2x.

And that grain is incredibly cheap.

And the rest of the production process is incredibly cheap because they've removed everything that costs money around treating the animals well and providing comfort and all that stuff.

They've just gotten rid of it all.

So they've gotten it down to this point where it's insanely cheap.

So you're trying to beat the price of grain times two plus a few extra costs.

And that is actually a really hard target to meet.

And that's why factory farmed chicken is so insanely cheap today.

I think it completely depends on what we do from here.

Okay.

And it also depends on what you mean by cultivated meat.

I mean, there are companies right now that are selling cultivated meat in very small volumes at very high price points, which is incredible.