Noah Shachtman

We've all been through it if you've been through Vegas.

There was like a series of fast food places.

I think there was a Gordon Biersch and there was a Burger King.

And his buddy was having a problem with...

employee theft.

And so he set up a little system to monitor the employees, to set up cameras and to spot what the employees were doing to see if they were, I don't know, you know, giving out free Whoppers or whatever.

While all this is happening, okay, facial recognition as a technology is getting exponentially more sophisticated and easier to implement.

Like I talked to one security guy who was like, oh yeah, I've got a facial recognition system set up in my home.

No big deal.

Why is it no big deal?

For the same, you know, kind of like AI craziness that's going on throughout the country right now.

Like it used to be that you had to do these very, very specific guidelines about you must look in this area of the face and that area of the face.

And you had to really tell the algorithm what you want to see.

These days, you just kind of let the algorithms do their thing and scan on their own.

And so that, like everything in Vegas, obviously led to casino work, right?

Because Valentino realized that if he could spot the BK thieves, that he could then do more sophisticated facial recognition.

That led to a gig at a nightclub at the MGM Grand, a nightclub that, at that time, Dolan owned a piece of.

So they got a facial recognition system set up at Hakkasan, and eventually that led to a gig with the Nascent Sphere and also a gig in Madison Square Garden.

They've invested in a company called Extract One.

That's extract with an X. And they do those kind of New Jack metal detectors that you now see at a lot of different arenas, right?