What is Metaverse? In the era of LLMs is the idea of Metaverse still relevant?

What is Metaverse? In the era of LLMs is the idea of Metaverse still relevant?

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what is metaverse how can we define metaverse  is metaverse something connected only to   gaming and entertainment or can it be applied  to business and solving real-world problems   in the era of large language models is  the idea of metaverse still relevant   following is my conversation with Mr Metaverse a  leading Metaverse expert and a key European public   speaker on the topic enjoy Aragon as Mr Metaverse  you are probably tired of these questions but I   will start with the question that's probably  asked you way too often what is metaverse   yes what is metaverse it's a question that they  always ask every single interview every podcast   and it's a question that we simply don't really  have an answer to yet because there's so many   different people that have such different  ideas when you give them the term metaverse   I think metaverse is a concept um and different  people approach it from different angles right   if you would ask somebody that is very active in  the virtual reality or augmented reality industry   what is a metaverse then they will probably first  think of and explain it to you in in the terms of   their industry so three-dimensional worlds  where you can actually explore those worlds   um if you ask somebody from the gaming industry  what's the matter verse they might say well it's   the connecting of different games in different  game universes to into one single game Universe   just like the Oasis from the movie Ready Player  one right if you ask somebody from the web 3 and   blockchain space what does the metaverse they  might say well it's all about interoperability   of our digital lives and our digital uh the  creation of digital assets and digital ownership   so what the metaverse is really depends on your  approach vector the way I approach it is very   simple I a year ago I didn't necessarily use this  word but I do now and that's because I've really   come to believe that we are approaching what  I call what I call what reggae quartz wild the   great thinker calls The Singularity and I know  that he didn't actually come up with that term   that term goes back to the early 80s and there  was another science fiction writer I think and   thinker that came up with the term Singularity  and always forget that name I should really work   on that but the courtswell is the one that made  the idea of the singularity big and part of the   current uh futurist movement where we we look  at the future and we think about what's going   to happen to humanity and the singularity is  this idea that somewhere in um well according   to recourse while somewhere in 2048 2049 our  technology will reach a development paste a pace   of development so a pace of change and Innovation  that is so fast that it's trillions of times or   at least millions of times faster than it is today  and therefore we cannot comprehend what is beyond   that because that technological Evolution will  lead to our cognitive ability being trillion   times faster and trillion times more powerful than  it is today and because it will be so powerful   there's no way for us with our current monkey  brains to understand what is past that future   and so how does that relate to the metaverse  well I think that the metaverse is really the   phase between the singularity and our current  technological uh development and that represents   a phase a time in space where we will very rapidly  completely integrate our physical lives into our   digital lives and they will become one and  the same our physical reality and our digital   realities will merge and we will do that through  the rise of a whole set of Technologies of which   the first ones have made themselves are known in  the past decade uh or the past decade slowly but   surely and they're really gaining momentum  now so that is blockchain technology which   then translates into web 3 and nfts for a digital  infrastructure which allows for the building of   a digital civilization or Society because in  a digital world if you cannot have ownership   Etc if you have not do not have an immutable  identity then how are you going to build a   society because in society it only works because  you are Machi and I'm Aragorn and for the law we   are with that person and we can get a letter and  we can have to follow the rules and a judge can   you know make a statement that we we broke the  law and that we have to pay a fine and it's only   possible because we have one identity we cannot  make a new profile when we break the law we cannot   make a new profile and then you know continue  what we were doing so that's that's web three   and then we have virtual reality I mean you know a  digital world needs to mean integrating it with a   physical world and we experience a physical world  all around us through our eyes and our ears we   take all this data in but we now have this whole  Digital World which only takes place on our phone   right now on our laptop but it's it's separated  from our existence and for that to really work it   needs to be integrated so we need to build  that into our lives which is where virtual   reality and augmented reality come in and then  of course there is the whole concept of compute   we've been building computers they're super fast  at everything but they're still not connected to   our way of thinking we're using really primitive  way of inputting data on a keyboard you know so   the next step is we're going to have integration  with that um through machine human interfacing   where neuralink for example the company from  Elon Musk comes in where we can uh and and   then there's of course artificial intelligence  the artificial intelligence is not so much about   creating a separate intelligence as much as it is  about creating an augmentation to our own human   intelligence where we create something that we can  communicate with that we can connect with that can   then help us to benefit from the speeds that we  have created in mechanical they actually I should   say digital Computing because our organic brains  are actually really slow they're just really   really complicated and they have you know parallel  Computing Powers but but they are very slow so all   of these three all of these you know developments  together is what I believe is the metaverse right   where we slowly move from our physical world  that is digitally augmented but still very   separated into a reality where both are completely  integrated seamlessly and we don't even really   realize anymore so much whether we're interacting  with our digital lives or physical lives uh no   answer uh yeah it's it's a very elegant answer  and uh intellectually I like an answer and very thought-provoking um I must say and um how how the last  developments in AI uh will influence metaverse   how will the reason developments in AI influence  a metaverse yeah that's a great question   well I think we before the show we had a few  calls you maybe talked and we keep going down   all kinds of rabbit holes which I really enjoyed  but one of the things that we spoke of is that   for example Matthew ball the writer of the book  The metaverse and how to revolutionize everything   um despite being a very important voice in you  know where is things going with the metaverse   for over almost a decade now in both in his  books and his Publications he almost always   completely ignores developments in artificial  intelligence right we spoke about this in his   book he said something along the lines  of one of the biggest challenges of the   metaverse will be that we have to build it  all so we'll need thousands of developers   worldwide to build this these worlds and the  technology and the infrastructure to connect it   and if you look back at the last three four  months since uh chat gbt became public uh   and gbt three and now already gbt4 became uh  known in the world we have to significantly re-visit that that idea of how the metaverse  would come to be because now we have artificial   intelligence which completely superpowers  our human ability to to do really to do   anything but if we specifically translate that to  Matthew Ball's statement about the the challenges   of constructing a virtual world then we can  already see the virtual reality is going to   do that for us right a virtual reality or sorry an  artificial intelligence is going to do that for us   artificial intelligence is already  connected up to you know 3D engines   like unreal and unity where basically with  just a prompt a text prompt it can already   build complete worlds yeah we've seen it all  yeah and this is just within a few months   it's just a few months so imagine where it will be  a year from now right so artificial intelligence   is probably the most important development  in technological history for Humanity and   definitely the most important development in  the last uh two decades because it's going to   superpower everything else because this AI will  help us more quickly develop better Technologies   both hardware and software it will help us build  those Technologies it will help us build better   software it will help us build more interoperable  software it will help us to reduce the computing   power that we need to run this software I  mean if you look at Unreal Engine for example   it's made Milestone progress over the last few  years because it suddenly introduced something   um called nanites where we no longer have to  render a 3D object from all sides all the time but   we can only render the sites that you can actually  see which is interesting because uh it that kind   of Technology those kind of breakthroughs will  now not be once every 10 years they will come   every year every few months and they will keep  speeding up and that will all be to a large   extent because of the introduction of artificial  intelligence so with every new advancement every   new innovation the speed of innovation itself will  speed up artificial intelligence will keep getting   better and better and will speed that process up  so I think that what we're seeing now is the very   early signs of us moving into the knee of the  exponential curve of technological advancement   that will lead us to what we discussed before  which is the singularity and the metaphors phase   so the next 20 years will be really defined  by that by that exponential growth which will   be mainly powered by artificial intelligence  I believe coming a little bit down to earth it's it's of course very  relevant what you said about uh   when I first heard about metaverse I admit  it was something like early 2022 only and   I thought it's it's another idea of big Tech to  make money uh yes because they ran out of ideas   uh before I started you know to learn on the topic  and and understood all the depth which is uh which   is behind the idea but at first it was like it's  some kind of gen Z entertainment thing uh what are   really down to earth so to say  serious applications of of metaverse   Solutions we have today already do we have to  see that's a very important addition you do there   to your question that we have today already  okay because if we're not talking about two   years in the future we're not talking about  five years in future ten years in the future   um but we're talking about  today then we have to be honest   the metaverse is it generally conceived by people  which is an interconnected virtual world where   that is interoperable where you can move from one  game to another without exiting but you don't have   to log in and log out where you don't have to go  from Facebook to LinkedIn where you don't have   to go from your phone to your laptop where we  just experienced that that doesn't exist today   right there is no current you know environment  that is infinitely scalable for infinite users   in a virtual environment or an augmented reality  that allows us to interact none of that exists   so if you holding on to that specific definition  there's nothing but if you're looking at the   subsequent building blocks of what will be the  metaverse right if you're looking into individual   Technologies if we're looking at web 3 if we're  looking at virtual reality if we're looking at   3D engines then there's a lot there's a lot going  on and it's all clearly going in One Direction so   one of the things that I spoke about recently  and we talked about prior to this call is that   last week I visited KLM the Royal Dutch Airlines  and Air France and they have an extra one of the   biggest airlines in the world one of the biggest  airlines in the world um they have an XR center   of excellence in Amsterdam at hipple airport  which where they research the implementation   and applications of mixed reality so that's  augmented reality and that's virtual reality   and they use it for some really straightforward  things that you probably can already think of   if you're a little into this so for example they  use it to train Pilots right Pilots have to do a   kind of exam every few months to make sure that  they're still very capable and skillful but in   the past it did this with flight simulators and  these flight simulators are machines that cost   you know hundreds of thousands of Euros to build  because they're a complete replica of a cockpit   but the interesting thing with the flight  simulator is that once you've built it you can   change it right but what happens in the real world  there's different planes these planes get upgraded   and they get changed so whenever the plane is  changed or upgraded or replaced and there's   a newer plane you have to build a new cockpit  simulator which is expensive right all of that   is it costs a lot of money because a lot of time  and you can do a lot of that in virtual reality   so what Caleb is doing is they're using virtual  reality to train Pilots not only allows that that   allows it does that allow them to keep the the  production of the simulators much cheaper they   still use the real simulators by the way but they  do this inside but also Pilots can do it at home   because all they need is a virtual reality headset  right a virtual reality headset with with uh hand   tracking and facial tracking eye tracking and they  can do it at home right so that's an incredible   pilot it's incredible a pilot can now practice at  home for his exam he can practice at home for the   things that they need to do in a plane that he he  wasn't really doing very well and he doesn't need   a plane for it he doesn't need a simulator for  it so their ability to train their pilots and   to test their pilots has gone up significantly and  the cost for doing it has gone down significantly   now that's a very straightforward example but  they're also doing this for their ground crew   because I don't know if you've ever been to an  airport but the planes they come terminal yeah   well not everybody of course but you don't really  see this because we go into the airport to get   into the plane we fly away but planes they land  they come to the terminal they go away in that   time there's usually a tractor or tow car that  pulls the plane to the terminal or pulls it away   how do you learn to drive a car like that  well either you need to have an empty plane   with a tow car and then practice which means  that that terminal cannot be used the plane   cannot be used and the tow Car cannot be used or  you may build a simulation right so again great   user simulation they also use simulations now to  train the cabin crew at home that cabin crew at   home can do virtual reality training with just  a headset on to make sure that they understand   where everything is in the plane how to deal with  new situations how to follow new procedures they   also made virtual reality scenarios where they  practice the plane crashing yes it's a little   scary but now the cabin crew in the past the  cabin crew would not know what it would be   like if the crane the plane crashes they can  only practice once a year at some abandoned   plane at the airport that's made for fire fire  exercise but now they can be at home and not   only can they train what it's like for a clean  plane crash they can experience it and because   they already experience it that means that once  it actually happens they will not panic as much they will be better able to deal with the  situation but it goes beyond that because what   KLM also did is they're building a new office and  because they have all of this VR XR stuff going   on they thought why don't we build the office  in 3D we use the architect we take our Board of   Executives we take them and the architect builds  it in 3D and they can walk through it together to   see if it is really what we want for the future of  our employees right so this is not a business case   and the benefit of this is that once you build it  in 3D it's a thousand times cheaper than building   an unreal and you can already find out oh wait  we're walking down this hallway but this isn't   really nice or this doesn't work or this and you  can do digital twins so you can simulate employees   going through the office and you can see oh wait  we're getting congestion here we shouldn't place   the coffee machine there or wait this fire exit  is not going to work because nobody will be able   to get through it and it goes one step further  because they didn't just do that for their office   they're also doing it for the airport so they did  simulations with airport traffic and tourists on   the airport to see you know what happens if it  gets busy what happens if it gets slow how long   does it take people to get to the plane you know  so there's we have only spoken one virtual reality   and augmented reality here and the potential  business cases that are already being used today   are endless the fire brigade in the Netherlands  inventor and I'm talking really fast so maybe I   should slow down for people but the fiber grade  intentor uses a virtual reality to train their   uh their um volunteer fire brigade members to  use the fire truck so they can train at home   there's endless applications and this is just  for training mostly or for uh digital Twins   and and simulation but there's there's a lot  of other options as well so would you agree   that education is probably the the key field  for metaverse to start with mass adoption   if it's very guys it's a very guiding question  but I I will say this education is going to be   revolutionized because what is the biggest  problem in the world today in any country   we don't have enough teachers teachers are  underpaid we don't have enough money for the   educational system and we have increasing numbers  of students and a decreasing number of teachers   if we look at the current development of augmented  reality in virtual reality and we compare that to   the development and the rise of the mobile phone  in the early 2000s which is only 20 years ago   we had big mobile phones that only had a black  and green screen which was you know Nokia 63   yeah what was it you remember that we remember  this I remember the one that looked like a little   suitcase yeah exactly yeah and you could you  could call with it and you could send the text   and you could play snake that was it right  now we have the super computer in our pocket   that took 20 years now if we look at the rate of  technological advancement Innovation and growth   we can see that that's an exponential curve  right so it's going faster and faster so what   we will see is that the rise of VR and AR will  go much faster than it did with the mobile phone   and people say oh there's only 140 million virtual  reality headsets around the world and they're not   comfortable to wear and they're too big but today  I already saw a video of what apple is planning to   do with their augmented reality headset which is  set to come out you know this year or next year   and that will completely change the game again and  adoption will will Skyrocket right if there's 140   million this year then there will be more than  300 million next year that then there will be   more than 600 million the year after but 600  million is that I mean that's all the the the   working people in Europe for example and all  of them will have a virtual reality right so   if if that means that all of their kids also  have virtual reality at home then suddenly you   can start replacing classes where you don't have  teachers with virtual reality classes or you can   augment classes with virtual reality and augmented  reality so instead of reading a boring Biology   book and having to imagine how you know blood  blood particles move through your bloodstream   you can suddenly become a blood cell and you can  move through the bloodstream of the human body as   a child and you can experience what the what it is  like that will be a much more impactful experience   thereby letting students get a much better idea  and understanding and much more enthusiasm and   and interest in the topic and it doesn't just stop  in biology you can use it for history you can use   it for geography you can replace teachers using  augmented artificial intelligence right we have   GPT I already build courses with chat I use chbt  all day long to explain the topics to me so it is   just in less than a year from now you'll have  to first chat gbt teachers that can completely   run a class so you don't need a will teach you  anymore so we will we will solve the educational   uh bottlenecks of having not enough teachers  having boring classes and having outdated lesson   material that will be solved two years from now so  that means that educational institutes around the   world will be one they will have a big challenge  because they will have to Revolution or or they   will have to innovate at a revolutionary Pace but  at the same time that will happen and that will   create a much higher level of general education  around the world it will make education much more   um engaging for students and therefore uh we will  see an incredible growth I think and Improvement   of Education worldwide can you imagine replica  as a famous professors powered with AI yes and   although I think that's a very interesting use  case and I I'm convinced that it will happen   I think that we have to be careful about  completely replacing a teacher with a digital   twin of Albert Einstein for example I think it  can be great as a part of a course to have one   masterclass or one lecture from Albert Einstein to  just to experience that and to have this kind of   interaction but I think ultimately we should  be a little wary when it comes to completely   um uh bringing back people that are no longer with  us but that is more of a philosophical question   I think that although I want to be part of the  singularity and I want to live a very long time   I don't necessarily think that living being  Immortal or immortalizing people is good for   our Mental Health because death is a part of life  it's a very important part because it's the part   that makes sure that everything is valuable if  you would live in a infinitely and you could do   everything in it infinitely then there's no value  to doing it because you can do everything in every   possible way that would ever be imaginable  and therefore there's no value in making   choices there's no value in doing anything so but  that's a that's a very philosophical conversation   it is definitely is and it is definitely  is it the case that that determines life   as such in most philosophical schools and in  most beliefs uh along the various cultures um   we've been using the term digital twins during our  conversation so far could we clarify or could you   please clarify that what digital twins are for  our audience as not everyone is is aware of the   term yeah so I I think that also I mean digital  twinsies can come in many forms and shapes so   let me just give a few examples of what they  could look like I mean if you just look at the   word digital twin we're talking about a copy of a  representation in a digital form of something that   we have in a physical sense right so with digital  twin of me would be a digital Avatar that more or   less looks like me and that if for example we  use it for medical purposes it is a copy of me   that represents my physical health and the the the  operation of my physical being in a digital form   so therefore that would allow a doctor for  example to do tests on my digital twin to   see how my body would react so for example if  they need to decide on how much anesthesia they   want to use during an operation they could  run a simulation on a digital twin to see   how much would be the perfect amount for me to  be you know not conscious during the operation   but also have no negative side effects or or  grogginess or whatever but just a simple example   they could also stimulate the operation on my  digital twin to see how the operation would   go and what the risks are right so there's many  benefits to that but you could also have a digital   twin of something completely different like we  spoke before about Skip hole airport in fact I   don't know about schipple but I do know that for  example Hong Kong airport or or is it no Shanghai   I think it was Shanghai airport Shanghai airport  already has a digital twin in Unreal Engine   and this digital twin has two functions on the  one hand in this digital twin they have all the   same cameras all the same security systems Etc  and they are connected to the real system so if   they go off they can see in digital twin they can  see you know what systems are going off and they   of course have a much better way of integrating  with those systems like in a game but they also   use the digital twin to run simulations so for  example if they're considering to repurpose an   area or to make changes to the flow of passengers  going through the airport they will first do it   in the digital twin of the airport to see what  effects will happen in the simulation uh how   people will start to move around the airport  and what potential risks or hazards that might   bring with it right they can also do exercises  in the digital twin of emergency situations to   see how things will go down so that's another  use of digital twins if you would think about a   digital twin for for example a car factory or or  even the car itself you could think about how it   you can in a digital world that follows the same  physical laws as as the physical world which you   can easily set up in a virtual experiment or  a virtual simulation you can build a car there   and you can do it much faster because if you're  an engineer and you think okay we should rebuild   this engine because we want to make this part  differently now the way we've always done it up   until now is that we then we come up with an idea  we design it digitally then digitally designed   it's it's going to be produced we produce like  some kind of prototype version and then we test   that right and in recent years that process has  become a lot more efficient because we have 3D   printing so a lot of the the the things we try to  make we can quickly design them we can 3D print   them and we can test them so it's much faster than  it was before but you're still limited by the fact   that you have to make it physical before you can  test it run it and use it and then you have to go   back to the drawing board in a complete virtual  real presentation simulation with a digital twin   you can literally change the part parts of the  engine of the car You're Building you can do it   in a few minutes and you can test it right away to  see how it operates whether it will break right so   the benefits of digital twins are massive yeah  every way every way you think about it um and   then there's a last form of digital twin that you  could think of and that's the digital twin of me   ran by an AI based on all the data available  to it about me for example my LinkedIn profile   that represents me so that's something  that doesn't exist yet but it will exist   within two two years I think maybe three  in the future you calling if you call me   and I don't pick up my phone my  digital twin will pick up my phone   and that means that you will get somebody on the  phone that sounds like me that talks like me that   knows everything about me and my a calendar and my  you know priorities and that person will then tell   you hey everyone's not available right now but  I'm his digital twin and how can I help you today   and then you say well I want to talk to Aragorn  and then the digital twin will say well what do   you want to talk about because if it's a  simple topic I might be able to help you   if it's something where you really want  to talk to everyone himself then we can   have a look at the calendar and I'll schedule  it for you this is speaks in the first person   yeah yeah yeah let me see when I can yeah it could  be like that because people said to me I saw this   yesterday I posted about the future of dating and  relationships in the future because I think that   in the in the future you know I'm talking about  you know five to ten years from now I think that   rather than dating apps we will have artificial  intelligence this artificial digital twins of   ourselves dating other artificial twins of other  people to find out whether there's a match so the   whole dating process as we know it now will  for many people just completely be something   we don't even spend time on we will only find  out about a potential partner when our digital   twins went on a date they figured out that it  was fun that they really liked each other and   it was a match and then they would tell us hey  we got you the right match you got to go out   that's where we're headed and I know that this  is something that's really hard to comprehend for   people and people say I don't want that and it's  scary and but I think it's amazing because it's   it's a very clear um next step in a trend that  we already see because we're already Outsourcing   it we outsourced our our uh search process for  a mate to to apps but now we're doing on very   crude apps where we swipe left and we swipe  right and we don't really have an idea of the   other person on the other side but we don't want  to take the time to really to get to know them we   don't really want to read their profile so we're  just making very superficial decisions on trying   to find somebody so it's a very inefficient stupid  process which ends up in a scenario where 10 top   10 of women is competing for the top 10 percent  of men and the other 90 on both sides is unhappy yeah exactly which is another which is  also ridiculous of course because what   we see is that ultimately um people are  much happier in a long-term relationship   when they have somebody where they have a  physical or not just a physical but also a   psychological and an emotional connection  and and again this is amazing because   we can really simulate people quite well using  algorithms and I know that an algorithm doesn't   allow for free will and that's a whole nother  philosophical a rabbit hole we could go down   but we can simulate quite well human beings with  algorithms already and so being able to run you   know do 100 dates in a week or a thousand dates  in a week because you have a digital twin that   is infinite and can do those days for you will  then allow you to much quicker find the right   potential partner that is not just a physical  attraction for you but also a psychological and   an emotional attraction to you which will lead  potentially to many more people going into very   happy relationships so I think it's an amazing  development right look at all the people around   the world that are lonely today if we look  at statistics we see that gen C is the most   lonely generation we've ever seen as a result of  social media and it's always darkest just before   the dawn so yes that is a horrible development  but with this new phase that we're going in with   technology in the metaverse I think we're going to  be able to solve a lot of those challenges if we   go about it the right way and we can actually make  people happy again yeah that's that's that's true   um how about digital twins in medicine  this is a very deep and and relevant topic um yeah well like I said already I think um  digital Twins and medicine is going to be   massive I think it's going to be revolutionary  in every single way because it it will it will   completely permeate how we experience  Medical Care how medical Innovations   and research is done how medical uh you know  operations will be done how tests are done   um I I've been working with uh with uh somebody  uh called Arun and he's building something called   social prescribing and he's really looking  into you can find him on LinkedIn as well   social prescribing he's looking into how the  metaverse will uh improve our our Healthcare   and I think the most obvious cases in the  short term are probably going to be mental care   right for example you can very easily talk  to a therapist in a virtual space so it could   solve an efficiency uh and scalability issue  for example now in Amsterdam uh in the covet   lockdowns there weren't enough Mental Health  Care uh people right so a lot of people had   needed mental health care but there was none  available because the system was over stressed   well it is everywhere yes it is true but  especially for children yes but I think a lot of   that is also to do with uh with the logistics of  it because an expert might be available somewhere   just not in the place where you need him at  that particular time right so an optimization   of that system could be significant so if  you're no longer restricted by location   because you can meet in a virtual world with a  digital Avatar where you can still have that sense   of of presence then suddenly you can make a real  Improvement in optimization of available resources   and again I think that another thing that will  really help is artificial intelligence because   Believe It or Not 99 of mental health  care is about somebody listening to you   and we we have especially trained Mental  Health Care people because what they need   to be trained in ultimately is to listen to you  without interfering without telling you what to   think or where to go without judging right  that's a very big part of mental health care   and then all obviously there is the collection  of data for analysis so that they might a doctor   might come with a recommendation on your  treatment or maybe even medical uh medicine   Etc but all of that can be done by an AI  that can be done by an AI really well in   fact it can probably be done better by an AI  than it could ever be done by human beings   so again there's a potential scalability  uh solution there that can help millions   of people around the world with the issues that  they're facing yeah one of the first examples of   eventual passing Turing tests though for me  touring tests has not been passed so far even   with charge GPT that's just my personal opinion  was Lisa which was this uh mental care assistant   yeah and it was in the 1960s already yeah so  the application of AI into mental Healthcare is   is an old old idea yeah yeah exactly it's not a  new thing um but uh you know between the 60s and   now we've made incredible progress on the on on on  the sophistication of the these systems and with   the rise of chechi PT now I think that there's  great potential of course a lot of people have   serious concerns and and and are worried about  when it could go wrong but I think that we really   need to take in mind here that you humans are  suffering from lots of cognitive biases and one of   our biggest cognitive bias is that we always value  the the impact of a potential risk much higher   than the impact of a potential upside right so  if we say if we have the same amount of chance   for a bad outcome as we have for a good outcome  we are still likely to Value to put the weight   uh the weight distribution of importance on  the bad outcome higher than under good outcome   so I hope that makes it clear the problem with  that is that we very often forego potential   great upsides because we are uh you know um uh  we are so afraid of the potential bad outcome   even though the out the good outcome is just  as big and might have a bigger upside than the   negative outcome and the same goes here it's  very likely and very possible that a lot of   people say we can't Implement any artificial  intelligence from mental health care because   there is a one percent chance that somebody  will have a bad experience but if you do that   we ignore that there's 99 chance that 900  million people around the world actually   have a good experience just because you know one  million people might have a bad experience and   you really have to ask the the you know the old  question that Spock asks in Star Trek all the   time or he doesn't really ask a question  he States a statement because he says the um how does he put it the   um the needs of the many outweigh the needs of  the few that's what he says and of course this   is another philosophical discussion that we  can have to no end but I think I personally   am a believer in that when it comes to these  kind of uh potential technologies that can   help so many people we shouldn't sandbag them just  because a few people might not be helped by them which leads us to the last question of mine or  the last issue that we also mentioned in our   talks before the recording uh China right as I told you I'm a big follower of  what's happening in China as I said dichotomy   in yeah technological development between the west  and China and China is like Spock uh they don't   they don't care much about ethical issues no China  is uh in that sense very very much like Spock   um because they just care about uh about the whole  and I think that's a variation approach actually   and the funny thing is that in many ways I think  it's much more emotionally Healthy Choice even   though Spock is supposed to be extremely logical  I think for the well-being of the species it's   more emotionally it's emotionally better for  everybody for most members of such a society   if if you think like that right I saw a video this  week of an Asian man going down the street and his   uh his shopping cart fell over and everything  was going across the street and then all of   these Asian people they come they came they ran  up and they started helping this person get his   stuff together and I was looking at that and I  was thinking that would never happen in Europe   who isn't it I don't think it well maybe to some  maybe some people would stop if if I go on the   street here and I fall over with my bicycle and  groceries somebody might say oh let me give you   a hand but it will most people will just pass  me by most people will just continue on they   won't stop their car they won't stop their buy  if they're on a car in a car or on a bicycle   they won't stop I wouldn't necessarily agree  well maybe maybe you live I don't know where   you live if you're in a village it's possibly  a little better I live in Warsaw so it's also   a little bit more so okay well the Warsaw  is a better place in Amsterdam I think but I I think um maybe in Europe it's not as bad  as it is in the U.S I think in the US it's even   worse because people there have this attitude of  don't get involved don't don't get involved it's   not your business right but in Asia they there's  this kind of the collective idea that you're all   there to help each other and I think that's  a very healthy thing now to extrapolate that   to the metaverse and also to talk about China  because China is not just its people it's also   its politics and of course the Communist party  which is still reigning and very very powerful   um there's also some challenges there right  because on the one hand I believe that if we   have a more of a collective mindset where we  believe that we have to do everything together   and we have to to support each other and be  less individualistic I think that is on the   whole it's a good thing for the species but  in China of course they also don't believe in   in an open inclusive environment right China is  not inclusive right they're still removing black   people from their movies let's face it this is  the truth I mean they're an extremely racist   country and they're one of the most powerful  if not the most powerful economy in the world   uh at least even if they're not yet they will  be in the near future because the US is waning   um and they don't believe in an open Society  with with lots of freedom for everybody right   if okay their internet is it completely closed  off basically they still have an iron uh uh an   iron curtain around their internet and if they're  gone if there's going to be a metaverse in China   then What's it gonna be it's going to be a  close metaverse and the interesting thing is   that there's a lot of parallels there because  not only do we have on the one hand we have   China which is trying to probably build a closed  virtual future we also have Apple trying to build   a closed virtual future and apple is not just uh  China is the biggest country in the world you know   with the quarter of the or a third of the world  population but uh Apple has almost uh half of the   western world's uh technology technology users or  smartphone users as their customers and they also   believe in a closed world and they also believe  in control and I think both of these uh the one   is a country the other is a corporation and uh  the future will is really going to be interesting   because are we going to go and have a Blade Runner  future where corporations like apple will take   control of humanity uh through their Technologies  or will we see a future where somehow a   geopolitical uh uh geopolitical entities like like  like China will maintain their grip on control   over society and maybe uh China through its  economic growth and influence in the world will   even be able to expand Beyond its borders with you  know the way it uh it rules out its technology and   influences how we use that technology so we're  going to see the next two decades are going to be   extremely instrumental right I saw a video  yesterday where somebody said oh I'm really   worried what's going on because the Warren Buffett  uh sold all his shares in a semiconductor Factory   in Taiwan and America is already threatening to  bomb the semiconductor of factories rather than   seed them to China if there's an invasion this is  also going on in the world right now right and uh   I don't know if you know this but uh I think more  than 80 percent of the world's semiconductors   which is the chips yeah yeah it's built by tsmc  which by the way um uh uh yeah well it's built in   China and so that means that if something happens  there then all of the things that we're talking   about and the technological advancement might  also just stop overnight right or at least it   will be severely slowed down because if if the  chips are not being produced and we can't use   the new the new technology in our new hardware  then you know we're not going to go anywhere so conflict over Taiwan uh it's also a side  topic from our main topic I I think that   let's say it will be the rather a series of  of provocations clashes between US Navy and   Chinese and navy oversized South Asian Sea  and it's in nobody's interest you know to   it is interesting semiconductor industry   yeah true and of course we can also say we can  clearly see that China for the past three decades   has had a very clear non-aggression policy so they  have not been actively aggressive to the outside   world they've tried to do everything through  diplomacy and through influencing right even Tech   talk even Tick Tock is a great example of Chinese  policy currently because there's tickets three   thousand plus history of Chinese cultures and  it's culture not to yeah that nuts to the outside well yeah maybe maybe you're right I I I'm  not 100 sure on on the past but I do know   for you know the past 50 years where it's the  net and I do know that there's two techno caps   there's a tick tock app for Chinese people and  there's a data gap for the rest of the world and   for Chinese people has a limit on how much content  you can consume that is not educational meaning   that after I think it's three hours but I might  be completely wrong on that but after three hours   of of non-indication non-educational content you  can only watch educational content on Chinese Tick   Tock and they did that very purposefully because  they want Chinese people to be the smartest people   in the world and they want everybody else in  the outside world to just to waste their time   and their cognitive ability on [ __ ] right and  it sounds crazy uh like conspiracy theorist stuff   but this is this is real this is really this is  really going on so I mean there's a good reason   that the us is thinking about banning Tick Tock  uh I don't like the US and I think that they do   a lot of crazy [ __ ] but uh but in this and I  know that and the Senators that are on this case   have no idea what they're dealing with they don't  understand any of it but the underlying season is   not completely [ __ ] there is there's definitely  something uh there to consider that in China is   effectively doing a lot of different things  for example also their investments in Africa to   increase their influence in the world and it is  completely in line with their policies over the   last 50 years to try and influence the way you  know we consume information and data and their   access to our data etc etc so doesn't matter what  what's really mind-blowing is uh that uh having   built a closed internet they are into building  a closed metaverse and with uh their better   infrastructure this is also what Matthew ball is  is invoking several times in the book that we are   not prepared infrastructurally for metaverse  uh and with China having bigger bandwidth   um a modified G preparing for 6G and they might  be sooner to get into closed metaverse which is   extrapolating closed internet and bringing up  a closed society which is at the same time more   powerful technologically than the Western one  this is very possible this is very possible   it is definitely possible um I do believe that  current bureaucracy in Europe is being absolutely   massively damaging to our economies um and to  our progress and Innovation and Adoption of new   technological infrastructure uh Italy just Banning  TI gbt is complete panic panic move which will   irreparably damage your economy if they if they  hold on to that for more than three to six months   um beyond that I think that the amount of damage  and and innovational lag that will be sustained   by their economies and their businesses will be  will be will be unrepairable because again you   know like I said before we are in the face of  exponential technological innovation and growth   and change and so once you lag behind you you  you're gonna have a very hard time catching up   at the same time I also believe that there  is a real possibility now in near future   that uh other parts of the world that  are not as infrastructurally sound uh   as the West will catch up because of this  technological innovation think about it   China is already digitizing its Villages right so  Villages that have no internet connection through   traditional means like landlines are getting kind  of starlink like upload and download connections   where a village can suddenly become a digital hub  for production digital assets but also uh their   physical assets and instead of using trucks to  transport the products out they make small digital   things in these Villages and then they throw they  ship them out through drones so 65 year old women   in Chinese Villages are controlling drones to  to send the goods that they build digital chips   Etc to the cities it's crazy this is really  happening right now this is not a science   fiction movie this is really today the same can  be done in Africa I mean an African village or   a South American village in the middle of the  drong Jungle can get a starling connection for   about five thousand bucks if there's an investor  or the village comes together to bring the money   or they're part of some programs subsidizing  program by the government they can have an excess   to the fastest internet in the world just  like that right you don't need to have a   copper cable running through the through the  ground anymore across the ocean floor right so   um there's a significant possibility here that  a lot of what we now dubbed the third world will   suddenly completely unexpectedly LeapFrog over  the current Western World benefiting from what   we call the law of uh what's it called the  law of slow progress um diminishing returns   now in Dutch we call it the vet from the Force  form so we the translation would be the law of   um of the development yes yes exactly so so  there's a very big chance that all of these   Western countries where people like you me live  where everybody's super happy and comfortable   and convenienced you know we have great jobs and  we don't need cryptocurrencies because we have   a good working bank account and we have we have  Apple pay these people are not using these newer   Technologies and therefore they will suddenly  be leapfrogged by economies or countries where   they make a decision to go all in on these new  technologies and then suddenly they Leap Frog   ahead in terms of innovation and technological  prowess that's that's very possible uh future   for the next you know a few decades and and  I think that that's really underestimated by   the Western World and so the question is will it  be China will they be the big benefactor of this   um or to beg you know take take home the prize  with that or or will we see a more distribution   uh because other Third World areas uh  suddenly rising to prominence and and   um making use of this this opportunity to LeapFrog  in technological uh Innovation and infrastructure   India has just surpassed China I think this week  in terms of population yeah so yeah that's not   that's another sleeping lion nobody sleeping  sleeping uh tiger dragon tiger that nobody is   really paying attention to yeah the Western World  we are so really in Europe and in the US we are so   in Dutch we call it novel starter looking at  your own belly button we are so occupied with   ourselves and we we're so convinced that  we are the center of the world that we're   completely ignoring uh the rest of the  world and we're completely ignoring Asia   because we don't understand the language we don't  understand the culture and so we just have decided   somewhere subconsciously that it doesn't really  matter what they do over there because you know   we're the center of the world but the truth is  is that we have lost that position a long time   ago and if we don't start paying attention  we're gonna be at the Lou we're going to be   you know at the bottom of of of of this ranking or  whatever it is and we're gonna be the ones uh yeah   we're going to be on the other end of uh the  stick so to say unfortunately I absolutely agree   and I encourage I think all our viewers so I don't  know to look at Nikkei Asia for instance from   time to time at least and some other sources  instead of only on yeah Financial Times and   all those you know mainstream mainstream media  that all of us follow or TechCrunch bye yeah I   think that on LinkedIn there's some really a few  really interesting people to follow I follow um what's new in China every week and she does really  nice LinkedIn posts on that it's a great source   of of getting a feel of all the developments in  China right now um there's another guy called Lynn   I forgot his last name he also talks a lot he's  from the Netherlands actually he's actually from   my hometown it's kind of funny and he reports  a lot on what's going on in China as well   yeah making effort get in to know because that's  where it's really happening forget about Silicon   Valley the real stuff is going in uh is going on  in Asia that's where the real change is occurring   thank you so much for this discussion  it was a pleasure and very refreshing uh   to our viewers and to myself and  a huge intellectual pleasure to   to having a talk with somebody with such a  boat wide and in-depth knowledge about uh   what's going on in the technological  world today not only metaverse so   my pleasure yeah well I uh I I wake up with  it and I go to bed with it so you know but   it's been an absolute pleasure thank you for  having me hope it's not our last meeting I hope   so I hope it won't be we'll be back here  don't worry we'll be back cheers [Music] thank you so much for listening to share passage  on Tech if you have enjoyed the show please   subscribe to our show wherever you listen thanks  again the share passage on Tech podcast is a   production of sharepa search an executive Search  firm specializing in the tech industry helping   hire the right people for expert and managerial  positions and Advising how to build and develop   long-lasting high-performing I.T teams if  you would like to learn more reach out to   us at machi.sherba at sherpaset.tech or visit our  website sherpasage.tech see you next time [Music]

2023-06-24 19:31

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