Transcript
0:00 So, I'm going to give you a couple of examples of where AI is now showing up cuz I think you and I talk about it a lot as like this high-level thing, but I think the specifics are now they're they're too hard to ignore, right? So, the first one is there's a story that broke on a company called Medvi, m e d v i, and it's a guy in Los Angeles who spent $20,000 plus his time and energy to create essentially a GLP-1, you know, sales front end. Now, he has two partner businesses that are like the infrastructure. So, really it's kind of like a the skin on top of, you know, the pharmacy and and all this stuff. So, he's really creating landing pages, doing the marketing, acquiring the users, helping to process the payments, but they're the ones who are doing all the healthcare stuff. So, it was just him. Now, he's hired one other person, his brother. So, there's two guys.
0:47 In the first year, they did $400 million in sales. They are claimed to be on track to do $1.8 billion in sales in their second year. All AI. They used AI to build the website, to do the marketing, to know what to do next, you know, all this kind of stuff. I saw a stat, I don't know if this is true, but the stat I saw is Hims does like $2.5 billion in revenue. And these guys are claiming they're going to do 1.8.
1:12 Maybe they're wrong, but let's let's just hold constant what they're saying. That to me feels like a lot of deflation. How do you do 1.8 billion in revenue with two dudes? One way that I know they won't hit those numbers is cuz you're talking about it. >> >> There's there's now a bunch of people going, "I want some of that 1.8 billion." I I I've I've realized something more and more over the last couple months, and I was just in Boston, and when I travel, which is not often, I I do spend a lot of time talking to people and >> But this was a big trip. You're talking to the big dogs. Well, I was talking yeah, investors. I was I was talking to a lot of important investors throughout Boston, but in terms of just people I also meet, your show has brought me some notoriety, and so people will stop and talk to me. Well, your your comments created it. what what whatever the the the question is, they will stop and will talk, and I always ask the question, "What are you using AI for?"
2:11 And the majority of people, unfortunately, are still using it solely as a chatbot. it's a replacement for Google search. I'm going to say this again for you guys that have kids that are late in high school and in college, they need to be using it all the day, and you need to be inspiring them and getting them to do it. I promise I will be releasing occasionally some 15-minute, 20-minute things on YouTube on my channel to try and help people with their kids because I've worked a lot with my son. He's doing phenomenally well with it, but if it wasn't for me paying for him to use Claude and giving him a higher thing even for a month to use some of these agentic tools, we're we are getting a separation, and this is the thing that bothers me.
2:50 It's open to anyone. Anyone free can be using it and can learn how to use it. So, the story you're mentioning with someone who turns a business in, I'm going through this firsthand. And my business is growing both on the consulting side and on the payroll trying to help investors make money, and my focus is on FAs and RIAs and helping them now model portfolios, the names that you need. How do we get through the private credit side? What do you need to know about private credit? That's the value I can bring to people is to provide them the information to keep their clients from panicking and find other ways for them to help them not be in this position of going through it. I just don't feel enough people understand what you're saying, which is if you don't use it, you will never be able to improve your golf game, your skiing.
3:33 Like it's this thing if you got to put the reps in to actually be able to accomplish that. I don't want to use his name cuz I don't know if he'd be comfortable, but there's a gentleman that uses Silvia, the product that we built, and he's a blue-collar guy who lives in the Midwest, and we recently did a call with him because we noticed that there was some user that was using the product in a way that had to be different, right? And so, we reached out and said, "Hey, you know, do do you want to jump on a call?"
4:01 And he showed us exactly how he was using it. Long story short is he has figured out how to use Silvia to identify potential M&A targets in the biotech space. And in the last, I think he said like last 30 days or so, five different companies he's an investor in have been bought by some of the big pharma companies. He has doubled his portfolio value in the last I think since like November or December. Mhm. Right? And and he's explaining all this stuff to me and everything, and the first thing he keeps saying is almost like, you know, self-conscious about the fact he's like, "Look, I'm a blue-collar guy. I don't know anything." He never had used another AI product before. Yep. Right?
4:35 And so, the way he's using it is just the same way that any of us would use, you know, kind of AI, but he's using it inside of the Silvia product. And I we got off the call and I said to Shannon Griffin, I was like, "Do you understand the power of a product to help a guy like this that now has this superhuman intelligence like get going?" And then I heard Brex's CEO. So, Brex just got bought by Capital One. So, you know, when when you kind of reach the top of the mountain, everyone wants to talk to you. So, he's been going on his little podcast tour, and somebody asked him about AI. And long story short is he's using Open Claw, but basically sounds like he gave it full access.
5:09 Email, calendar, Slack, WhatsApp, company dashboards, metrics, documents, everything. There's like a 2-minute clip floating around online of him describing what he's doing with it, and not only is it, you know, figuring out what emails to answer and WhatsApp and all this, sending him reports, looking through all the companies' information, and then saying, "Here's the next things that you should do." I mean, it would be like having an army of I don't I don't know like McKinsey consultants that, you know, are surrounding you trying to help you run the business.
5:40 I mean, how deflationary is that? This whole thing is incredible. I I mean, the deflationary side and so people what you just described, I'm in the early process for Viser Labs cuz I've got I have multiple revenue streams >> Dope name. Dope name. So, my Viser Labs thing, which the website's horrible, all this stuff, I've kind of left it alone because most of my business has come through through 22V and through just direct relationships with people I have, but I'm trying to expand the the ability to to respond to people, to go through this, to have active emails going, but I don't want to hire someone to be involved. So, I have to do it through Open Claw.
6:18 I I'm going to kind of give people this will inspire some people to to use it. and I started I talked about this in Boston. So, I've had a unique experience over the last year. Some of the people that watch this show have made money investing in some of the names that I've talked about. And whether it's Micron I was going to say did Micron go up a lot? Micron came up a lot. Whether it was Salesforce being short salesforce.com versus long Chevron.
6:45 All of these things. I talked a lot last year about you have to have energy in your portfolio because it is replacing bonds as this cuz eventually if there's something that happens, it'll be on the inflation side cuz we are running out of power. The only reason I bring it up, I realized something this week cuz on my payroll I put out a a new spotlight name out of one of the thematic baskets. And the next day there was an announcement where someone made an investment in the company.
7:12 The next day. Now, this has happened to multiple times, and what I started to realize was I spend so much time taking public transcripts of let's just take an example of someone who speaks all the time, Jensen Huang. That guy speaks I I mean, five times a a week. If you take all his transcripts, you put them into a folder, which I do, and then you have Co-work go in, and you basically say, "What should I invest in based on what he has said on everything he has said?"
7:42 You know what these guys do? They actually tell you what to buy, not in direct words. No, no, no, but they know. They know what I need. And so, whether it was Meta with Corning. Somewhere within Meta's statements is a thing of, "You know what? We're They won't say the name cuz that's illegal, but what they will basically describe is a place. It's like if you ask someone, "Where did you go?" I'm not going to tell you where I went cuz I don't want you to go to the same place, but I'll describe it to you. If they describe too much, AI is going to figure it out.
8:14 >> Yeah. Or if they take a picture now and you just upload it to AI. >> Exactly. It's an identifier. Anyone. And so, >> Which is scary. AI is the smartest. So, when you start going into a 140 IQ, and I want to give people another thing because right now we're disrupting software, but in these meetings in Boston, what I'm starting to say to people is you have to understand we are in the agentic side. So, here's the most powerful thing. You and I have never talked about this. You know about the Manhattan Project. Oppenheimer came out.
8:38 Everyone saw Oppenheimer. They know what it is. You take the brightest minds. Let's assume that everyone had Einstein's IQ. You take 50, 160 IQ people, you stick them in a room, and you say, "You solve the nuclear bomb." And they do. We are in the agentic side, which means there are millions of Einsteins by the end of this year working together on the world's greatest problems. It's better. Well, this disruption that has happened to software guys, it's going to happen to everything because there will be Manhattan projects going on constantly. The only thing we're lacking is the compute to solve cancer, the compute to do this. We will get there because those problems take so much computation to get through that it might be millions of Einsteins, but the point being, do not fade this disruption that's happening. Do not sit there and listen to people saying, "This is just like buying Amazon. You're get" No, this is not. This is a unique thing.
9:35 It is. This is a million Einsteins fighting all arbitrages and all inflation because as Jeff Bezos famously said, "Your margin is my opportunity." If you tell Open Claw that with a million Einsteins, go find any margins and go through it. That's why I made the joke about Medvic. Whatever they're doing now, you've disclosed it. Now, everyone's going to be competing.