Jeremy (00:00)
My AI assistant kept calling me Mr. GPT. I asked, what does that even mean? It said, Mr. Generally Procrastinating Today.
Jim (00:10)
⁓ now that now ⁓ hang on that one hit home like a little too close to home. That's generally what I use procrastinating get just to get out of whatever it is I'm supposed to do. That's me.
Jeremy (00:19)
Generally.
So you are Mr. GPT.
Jim (00:32)
All right. Lots of the news as always. Whole world's collapsing. wait, I'm supposed to be uplifting today. Today is this is a day. Not bad day. ⁓ so look, we can kind of agree that there's there's a lot of movement and a lot of places.
Jeremy (00:41)
I am Mr. Optimism, you are Mr. GPB.
Jim (00:49)
And we're going to kind of bring it home today and kind of tie it together, tie some loose ends together for a lot of people. think that's kind of our goal today because there just is a lot of movement and fluidity with what's going on right now. And the traditional media and even bloggers and other people are really finally starting to kind of wake up en masse. Like they're really waking up in bigger ways to say, wait, OK, maybe this won't maybe this won't be the fad that we thought it was. And also, maybe it won't.
Just be detrimental. Maybe it has some space in between which is kind of where we land I think right although you're more Optimistically, who's more optimistic about all this stuff? Yeah, that's accurate yeah, so the new yorker had a piece ⁓ That I was reading and when I say reading it's really more that that
Jeremy (01:23)
I think we switch days.
I was reading it.
Jim (01:34)
to
someone on social media shared something or came in one of my tick soccer said and our little chat our little pod bot that we created that then like summarizes it and whatever. So like I don't actually read this stuff but let's say if I did this would be the summarized version now in the Yorker. It's just how creative industries right. Correct. Yeah. How.
Jeremy (01:53)
to the article AI is coming for.
Jim (01:57)
how cultural identity is going to be wiped away. I so this the reason I shared this and why I was interested in this is share this right. This is one of the ones I don't care. There are moments that I'm like, did I share it or did I like glean something from? Okay, maybe this Yeah, could be. Yeah, that happens too.
is because I really have from early on, some of the first people I talked with about AI, kinda like how I felt about social media early on, were the creative people. The people who, artists, the actors, the entertainers, the videographers, to kinda tell them, like, cause a lot of, even authors, no sculptors actually, no. No, not about AI. 3D though, 3D printing, you never know. My point is,
Jeremy (02:29)
sculptors.
coming for you.
Jim (02:38)
Talented creative people are who I always go to first with almost everything but in particular with technological shifts because they can usually kind of be fearful maybe at first but then find creative ways to get around it or use it in ways that maybe was not were not as ⁓ Anticipated and so in this article it kind of says a couple things right first Look, could we wipe and homogenize culture which culture in general has been homogenized. Can we agree to that?
Jeremy (03:03)
No,
but I do think I don't agree to that because
Jim (03:06)
But you're non traditional with your you know, with Monique when the with like your wife and the indie music and all the things no. I don't guard in general. No, you're not on guard. I mean, draw on guard here in New York because that's leaning it like from a guy from a small town you're leaning into it as
Jeremy (03:13)
I don't see.
farmer shirt with
Ask Luke about the ⁓ jazz, prog jazz math bassoon song that I played for him this morning.
Jim (03:34)
Okay,
there was a little musical interlude I missed earlier. But no, but go ahead. So you don't agree that culture has shifted?
Jeremy (03:41)
No, I do
believe that culture is shifting and I do think that we run the risk of modernization of culture through the AI washing machine. But I but I also think that right now, thankfully, I do think that there are some laws that have been put in place because laws do still matter. Right today.
Jim (04:01)
no blocks, copyright
and trademark and so on.
Jeremy (04:04)
There was
a recent law, I don't know if it was this year or last year, where you cannot copyright AI written material. And that's important because, look, industry goes where the money is, and if you can't copyright the material and make money from it in that way.
Jim (04:18)
Like this is an images when tour came out now I saw Bryan Cranston from Breaking Bad and others now stepping up and rallying everybody to say hey like I don't want to be Dancing with Michael Jackson. Thanks. I'm good. I didn't sign up for all the Actually like without actually
Jeremy (04:31)
If I could dance.
I'm never going to dance.
Jim (04:36)
Statistically
and creatively without his control or his team's control. That's the thing where it's like wild west And so now there's joint statements that were just released that doesn't get into too much here because this just happened even after I posted this article But there's some interesting layered things going on with even for businesses, right? Not just for creative people or artists ⁓ But who might be in business or obviously are trying to make a living out of it or side gigs But also for just traditional businesses for their own ⁓ Likeness is for their own ⁓
Jeremy (05:05)
I think
if 2 and MLK Gate have taught us anything, it's just because you can do something doesn't mean you should do it.
Jim (05:14)
So jumping over to an article from Futurism, which I read regularly. You should. I really should, yeah. There's international...
Jeremy (05:22)
makes it into
I love about your passing comment is this one makes it into feature is it makes it into both of our news feeds and pod bot too. So clearly there's good content.
Jim (05:29)
for reason.
So international polling shows global opinions on AI, and the global opinions on AI are.
Jeremy (05:40)
fragmented, not homogenized.
Jim (05:42)
Right
because because there and it is a scale especially over the last few months I'd say right there's some people who are just force vehemently opposed right and just angry and scared about it and then obviously there are a lot of others who are embracing it and running to it and using it but also Still confused and scared by and maybe only know like one one millionth of its capabilities and what's coming next So I think that's why it's a little bit nuanced
Jeremy (06:05)
But don't you think that,
like, I mean, we've seen these patterns before, the cotton gin was gonna destroy farming and agriculture, and then the computers were gonna destroy accountants and computing professionals. I'm not being dismissive, I'm just saying I think that people are afraid, because people in general are afraid...
Jim (06:28)
Look afraid
of change in general, but then technology in general, but also, you know regionally that's what's kind of interesting So is that educational background is that exposure to travel and other? Exactly and that's the question so as you deep we're not gonna get too deep into it but from a business perspective again, right small business perspective it's like The geography the industry you're in, you know There are a lot of different like again plumbers generally are not that scared because like how does this really impact me? It will it will
Jeremy (06:38)
Is it opportunity that comes as a result of it?
Well, I
think in the marketing end of their businesses.
Jim (06:59)
Marketing
and infrastructure customer service back again, you know accounts receivable accounts your ability Right, so when we think that way immediately, you know what plum no offense to plumbers But I talked to a lot of plumbers lecturers since I'm you know, do a lot of well you
Jeremy (07:05)
The scale as a plumber
a
lot of real estate work so
Jim (07:14)
Exactly.
And so it's like, they're like, yeah, but how does what you're doing like, even how they're not going to have robot, you know, plumbing robots anytime soon. That's not that's not the low hanging fruit for that industry versus you see even like in other articles, we bring it up soon. ⁓ In future weeks, you know, like where we're Goldman Sachs and other big investors are basically hiring from JP Morgan, whatever, grabbing ⁓ people and getting ⁓ and then training.
through open AI training chat GPT to how to be financial analysts and financial planners to basically now take that on to so those white collar jobs obviously are the ones that people are scared about but ⁓
Jeremy (07:53)
Just
a tie bow in this article, because I know you want to get to the main piece for the day. Maybe it's me, Mr. Optimism, thinking a particular way about this. My sentiment on this is not to be afraid, but to harness what you are thinking around potential pitfalls. And instead, help to have your voice heard amongst lawmakers. Because where the real damage can be done is by stymieing growth that could otherwise actually help your business. But with all of the fear mongering going on, all of the naysayers, all of the problems
It's not gonna put it away. It's gonna mean that China is gonna eat America's lunch. I want to just hug America I want to say come on America. Let's you know, let's let's jump jump with the team for the big win
Jim (08:34)
So when we
jump into this, ⁓ the main article we're gonna kind of get into a little bit is a LinkedIn news article, because I've been playing around with LinkedIn a little more because throughout most of my career in life, I haven't had to, I've never had to have a resume or a bio, I mean, really haven't had, I've been blessed to not have to really, because I've been in business, my own businesses since I was like 13, so it's like.
But now it's like, well, how do I, how do I like connect more deeply with people, you know, in larger ways? And so I'm spending more time on LinkedIn. And so this popped up. ⁓ How many, so many professionals who want the entrepreneurs and be their own boss, which is near and dear to me. So I really like this.
Jeremy (09:11)
I also think this article speaks particularly to Gen Z. So there are more Gen Z entrepreneurs or more entrepreneurial inclined Gen Z who don't want to go into corporate.
Jim (09:21)
And
the access to AI and that's how this ties to what we do but also because look most of what we do is helping businesses or people who want to get into business figure things out we tend to and not just technologically but like I don't at a broader scale what we realized early on is like oh that's really where they need the most help is like kind of like stuff like that in this case it's AI it's the finest some of the findings seem to suggest that AI and we'll put the link in the you know with more details obviously we always do in the notes but is that AI's accessibility
Thank
right, especially for younger generations is making them broaden their horizons. They're already kind of thinking they're probably not going to get jobs or they won't be in their jobs for very long. They already don't want to be in those jobs anyway, a lot of them. And so now it's like, well, wait, why can't I between social media and the wave that's going to change in social media and marketing, why can't I now use AI to create something, create an app, create a tool, create a new product, right? Be that one, two, three, four person company that maybe, you know, that maybe won't
be the next billion dollar company, might be might be right. might make $100,000 a year, which is, know, or $200,000 a year, which guess what is pretty cool. I think and not a big capital investment time knowledge critical barrier even for people, you know, like I'm not super liberal, but like even for people who look
Jeremy (10:24)
Good lifestyle business.
I think most people...
because that's what was the best.
Jim (10:43)
There's a lot of people in this country and around the world who don't have access to capital. I've been blessed from a young age where I had access to, you know, to opportunities from people and I still am where people are willing to back me for different things. He isn't everybody doesn't have that. know that.
Jeremy (10:54)
I think what you're saying.
This for
me is not just the crux of the episode. This is the crux of our, you know, in the Venn diagram of you and I.
Our fundamental beliefs are that this is not game changing because you're going to make a kajillion dollars. It's game changing because it allows you to be competitive and operate in ways that before haven't been possible. So I just want to say if you're looking for the Get Rich Quick podcast, this is not your show. We are really trying to dispel these.
Jim (11:28)
plenty of those out there.
Jeremy (11:29)
Sure,
and that's fine. This matters because we're talking about the opportunities, low barrier to entry, that anyone can start a business, and that's a good lifestyle business. And I think one of the things the article talks about is the feelings of control and confidence in careers amongst those who start a business, 65 % versus traditional employees, 45%. I think that's actually inaccurate. think especially amongst people who have been laid off or who have exited
traditional jobs. And the reason is, is because when you peek behind the curtain, you realize the facade of safety, the facade of it's gone, know, a job, job security that it's not gone. never existed. It was just this fake front that you had more.
Jim (12:15)
It was, okay, ⁓ we might disagree on that. It was,
It existed more before. it certainly exists less now. It's like a trap door that just opened. Yeah. And so whether it's a government job, right, because for generations, the post office was a great, you know, become a civil servant, get your post office job, you know, it's stable health benefits, pension teachers, right. Police government in general, right. At every level of government, federal down was always like stability. Well, that's gone. So now. OK, what else? Business, big business, stable, big corporations. Chances are, you know,
not going to disappear. Banking, insurance, finance, real estate.
all things that are shifting. There's not a realm that isn't shifting societally, right? Cause we're kind of coming to a head just in general at the same time that these new AI tools are coming, you know, being used at scale and by the masses. And so that's where, you know, I think seeing that around 40 % though of us professionals say that they have an interest in launching their own business soon. Great. That's a hell of a number though. That me up because I know it cause I interact with so many people and
Jeremy (13:19)
Thanks.
Jim (13:28)
There's not a person who isn't like, God, you've been in business your whole life. Like, all right, teach me. literally that's what they, just want me to just, they just want to be around. And that's weird. But also like for me, but also like, I love it. Like I love it. I love the opportunity. And so it's interesting. Like some of the takeaways are that that's strong in the arts, recreation, hospitality, things of that nature, where these AI tools have already been folded in, but it's.
You know, it's the canary in the coal mine. It's the early indicator, right? That it's like the smoke detector going off. There's probably smoker a fire and so deal with it, right? Or the drip that, ⁓ you know, we had in our house, ⁓ the other last night and didn't tell you this. Yeah. The drips from the ceiling are an indicator that there's probably a leak probably. And there was so, ⁓ leak, you know, cut out the ceiling. My point is these little early indicators, the drips, like that's a, like, that's a literal example, right? Of those drips. But the figurative,
example is look if these other industries are already realizing and 40 % of people in these other industries are realizing hey I think maybe I made it maybe might need to make my own path right going forward and I'll use AI and technology to help do it and that automation are cited as the number one reasons AI and automation and again when we say AI it's like well what do mean like how's chat GPT gonna impact my whole realm in the whole world it's not it's all the other layers of all the other things that you haven't tried yet
Jeremy (14:53)
I do think that you made a good point earlier that I just want to revisit as we're tying a bow on this. This idea of reducing the barriers to entry. We're not talking about new entrepreneurs who are looking to create businesses with teams of 50 to 100 people. We're talking micro entrepreneurs, solopreneurs is what we're talking. Absolutely. So the barrier to entry has been reduced so much because now you have these tools at your fingertips. And that's what excites me about this article is that people are, particularly younger people, but also
of those who have been, know, maybe they're out of work right now, maybe government shutdown is affecting them, whatever it is, you have this critical moment. And I've been presented with this moment in my career about six, six years ago, seven years ago, where it's like, okay, I could jump back into the corporate world, or I could launch a business. And my wife really encouraged me and I just want to, you know, do that same that same thing for others, encourage them, you have it even better than I did, because you these tools at your finger.
Jim (15:37)
Yeah.
Look, I know people don't love history for the most part. love history. love history. They don't often and we're doomed to repeat it. So here's the thing. Whether it was like, you know, when people used to just be on their small farms across the world, but in the US, right, and they would just back in my head, little farms, they milk the cows and whatever it's like, okay, industrial revolution. ⁓
Jeremy (15:53)
Everybody loves history. Come on.
Jim (16:11)
Well, we're going to have to adapt. So we'll all move to the cities. Well, we need subways. We need transportation. need the layers of things. We need skyscrapers. We're going to need elevators. Fine. That all happened, though, in a still short period of time, rather it was concrete and steel. was rather ⁓ locomotives and oil and coal and so on. that had to be that was infrastructure heavy. This is infrastructure heavy in a different way. But the trillions of dollars being poured into it. ⁓
are accelerating things so quickly and the tools now are helping to create new tools. And I think that's the part that everybody keeps saying like, yeah, but I got 30 years on this, at least the other 60 % that aren't trying to be entrepreneurs.
Jeremy (16:53)
that Jim's
history was agrarian to AI and two and a half.
Jim (16:56)
Yeah, I think it's a little sense. I'd make some leaps. My point is simply this. This is your moment to get up. Focus in here. Buckle down and just snap out of it. Stop doom scrolling. Stop believing the hype that you're going to like you said, get rich quick on this. You're not. Immerse yourself in it a little bit.
Jeremy (17:15)
is not your podcast.
Jim (17:18)
Dabble I know that seems to be the biggest most complaining part. Where do we how do I start to make money off of this? Don't think that way. No, that's how stop thinking that AI is gonna make you money immediately. It won't
Jeremy (17:35)
Actually, to talk about today's tool tip. By the way, this is what it's like when we're not doing. The tool tip was born from.
Jim (17:40)
We're still doing a podcast.
Jeremy (17:50)
actually not trying to make any money from it, but just solving a very practical problem. And I think that's what you're talking about, that if you just don't try and think about how am going to make a million dollars by noon, think about how can I solve a problem? How can I maybe start a business or maybe just create something that doesn't exist and do it quickly, prototype and learn from it? I lost it the other day.
Jim (18:10)
So what's the step? are the quick steps in this? ⁓
thought you meant just now. You're like, I don't know what the tool.
Jeremy (18:17)
No,
lost my marbles. I got one too many newsletters in my inbox and ⁓ the inbox bloat is real. OK, OK. And what did you do? Well, I thought there's got to be a better way. So I took all of those newsletters and I thought, My big vision for this, the long view is.
I want to create an automation where I could take all of those emails that come in from my township, from my high school, from the municipality, from anywhere that I subscribe to newsletters, and I want to just aggregate them all, use an LLM to synthesize.
Jim (18:56)
Large language model.
Jeremy (18:58)
Chachi BT,
Claude, whatever. Synthesize that into a podcast episode and then feed that into Notebook LM, which creates podcasts from content. And then I don't have to take time out of my day to read all these newsletters, which, it's my kid's high school, it's important stuff. Come on.
Jim (19:09)
product or not.
I mean, how many different themed weeks are we going to do really? Let's be honest. Rally, pep rallies and themed weeks.
Jeremy (19:24)
You know, some of this stuff.
Right, and I think this is part of the problem. It's hard to sift through what's important and what's not. And this is also where AI can help a little bit. So what I did was I took all this, distilled it, distilled it down into a little episode plan, fed that into Notebook LM, and I relegated the AI to say factual representation, only information from within these newsletters. Don't augment it with your other stuff. In 45 minutes, I went from concept
Jim (19:50)
things outside of it.
Jeremy (19:54)
to the first published episode. Then I went and I started sharing it with others in the township.
Jim (19:56)
Yeah.
And now it happens automatically. You don't meaning that you don't have the one you say 45 minutes you created and invented this thing and created it. You have a more technical background than I do and most people. But not a crazy amount. You just know how to connect the dots now.
Jeremy (20:12)
It took.
So I think this is the last thing. I'll put the actual steps in the show notes.
Jim (20:21)
And use it
for other reasons. Like this is an example. But if you're in your industry, so this is let's apply it to business in your industry. You could do this with your industry newsletters or your or your trade publications or your whatever your customers and competitors. love right. Correct. That's by the way, by the way, that's the better business model. I hate to
Jeremy (20:34)
it. I love it.
No,
it's fantastic. It's fantastic. So rather than publishing out newsletters and rather than thinking, I mean, we love doing this podcast, but if you just wanted to publish a newsletter on behalf of your business, why aren't you doing it as a podcast? People are going to listen to it before they read it. Or these people like me. I think that's the final point I want to make, not just about how to make a podcast in 45 minutes. It's really about how can you provide information to people in a variety of modalities that allow for more people to consume your
Jim (20:53)
at least given the opportunity.
Whether it's an newsletter, whether it's an automated podcast that isn't you, but just could even be in your voice though, really, if you wanted it to be. Exactly. Whether ⁓ it's a video version of that or for content online, whether it is ⁓ anything really that you would want to do like this, you could do it as blog posts, you could do it as various different things. So this is on a marketing side, but it's also in your case, it was just for your own internal.
Jeremy (21:14)
That's right. mean, 11 Labs allow you to do that.
I'm saving my brain and saving my time.
Jim (21:35)
to try and write to
save time because that time now is freed up to hopefully finish up our products so we can get it launched.