Funny Business
00:31:51 · Lachlan Bradford, Robbie Hicks, Sachin
[00:31:51] S0: It's like having a mobile phone. To the workforce. [00:31:52] S1: I I see it more like it's it's been a tricky last say twelve, eighteen, twenty four months where some of the bigger corporates, not in the startup space, are starting to see... I I think what it is is like the realignment and then reshift, reorganization, whatever you wanna call it of of corporate workforce. And I think that that's really interesting for us is like the people who... We got a lot people in our circle who aren't really tech or start up focused and we're like trying to tell them about shit that's going on. It's like, no. No. [00:32:22] S0: It's gonna gonna fuck you [00:32:23] S1: up a little bit. So it's like, trying to take an optimistic approach to that. [00:32:26] S3: I you guys are gonna be popular at parties saying that. [00:32:28] S0: Yeah. It's gonna fuck you up. It's it's hard because you see that. I I feel like you see it all [00:32:32] S1: the time. Like, there's bunch of announcements last week, like, Telstra just dropped another bunch of staff and all sorts of things. So it's like, there are positives, but I feel like it's a weird it's a weird mix whether you're either on the winning team, so, like, you're some startups where they are making the tech or you're not really... It's gonna... That shift, I think, is gonna happen so quick that a lot of, like [00:32:51] S0: People are gonna get slapped [00:32:52] S1: in Joes. Yeah. They're get slapped up and, like, wake up and they're [00:32:55] S0: Totally. I think I
00:32:55 · Lachlan Bradford, Sachin
[00:32:55] S0: Totally. I think I [00:32:56] S3: think people worry a lot about, like, the effects of of inequality. Right? Because, like, all this AI innovation is coming from, you know, the upper echelons of San Francisco culture. And, like, a lot of these companies will capture a lot of that value. And it's like, what does that do to the everyday person? But the only, like, argument against that is that a lot of the jobs that we think can be automated now actually aren't like your your average trade or your truck driver. They're actually your knowledge worker. So, like, everyone thought that AI would automate the the more manual blue collar jobs, but it doesn't look like it.
00:33:24 · Adam Miller, Lachlan Bradford, Robbie Hicks
[00:33:24] S2: I I think, like, a positive lens on this too is that this is, like, one of the most democratized technologies we've ever seen. Like, for example, when mobile phones and laptops first, like, were were produced, like, not everyone in the world would just be able to freely have one just because of economics. The same thing happened with Internet. But now because so much of the world has a phone, has a laptop, has an Internet connection, every... Like, almost everybody can just go on to, you know, chat GPT and start using that. So it's actually, like, really, really democratized. And just, like, the ability to learn about these things is super democratized as well. So, like, taking the optimistic angle, like, I'm wondering about how Sachin and I can also try and participate that. Like, how can we help educate upcoming people in Australia and around the world about how to use this software to your own advantage, how to learn better, how how to learn skills that are right 10 x and other people used to use it. [00:34:12] S0: I love that because I feel like your your dreams can shift of... On what's possible. Like, even just going through [00:34:17] S1: Completely. [00:34:18] S0: I remember when mid journey first come out, I was like Yeah. This is fucking crazy. If I was, like, 10 years old right now... Because I used to do, like, alternative covers to bands and stuff and just write random shit, you know, like, all that type of stuff. I feel like you can go really wild Yeah. With all the stuff... With all the tools that are available now.
00:34:18 · Lachlan Bradford, Adam Miller, Sachin
[00:34:18] S0: I remember when mid journey first come out, I was like Yeah. This is fucking crazy. If I was, like, 10 years old right now... Because I used to do, like, alternative covers to bands and stuff and just write random shit, you know, like, all that type of stuff. I feel like you can go really wild Yeah. With all the stuff... With all the tools that are available now. [00:34:33] S2: Absolutely. And and we talk a lot about AI taking jobs away, but the flip side of that is that it's it's also an empowerment tool. So, like, if you're a kid and you've got a laptop and you don't have a lot of money, and if you use time, you can probably produce your own movie or your own documentary just by being really good at prompting and being really, really creative. And, like, we see this with our editor, like, just the speed of how he's able to operate because he's using all these sort of AI plugins with Adobe Adobe podcast, all those sort of things. And you can just see someone being so super powered. [00:35:02] S3: I kinda disagree with that though because I think that, like, the creativity and prompting will become less valuable over time when it's just easier. Like, more and more gets automated. So it's like, right now, your creativity in learning Premiere Pro could be completely diminished by prompting. But, like, who... Who's gonna create... Like, capture the value? It's not gonna be the people, you know, who are using these tools. It's gonna be the people that, like, run these models, and all those models are run-in certain places.
00:35:02 · Sachin, Adam Miller, Robbie Hicks
[00:35:02] S3: I kinda disagree with that though because I think that, like, the creativity and prompting will become less valuable over time when it's just easier. Like, more and more gets automated. So it's like, right now, your creativity in learning Premiere Pro could be completely diminished by prompting. But, like, who... Who's gonna create... Like, capture the value? It's not gonna be the people, you know, who are using these tools. It's gonna be the people that, like, run these models, and all those models are run-in certain places. [00:35:25] S2: I disagree. I think, like, the competitive advantage comes from that creativity because all the other sort of factors that lead to your success get whittled away. And so, like, I agree that, like, the top creative studios, they might have the most advantage because they've got the most resources and time to work on them. But, like, you could still theoretically be someone that is just an individual person using your own creativity to produce something. [00:35:44] S1: I I feel like it's like it wins. It sort of forces you to do something like what you like to do is like go out on your own and be a creative or be a founder and, like, contribute by capturing your own bit of value and get... Getting your own cash in the door to support yourself. But I think it definitely at the moment where I'm seeing it from conversations and things I'm having with people is like the people that are in the middle. So people who just wanna work for someone else [00:36:07] S2: Yeah.
00:36:07 · Adam Miller, Robbie Hicks, Lachlan Bradford, Sachin
[00:36:07] S2: Yeah. [00:36:07] S1: They've got like... There's gonna be... Companies aren't gonna employ the same number of people in the workforce. So where do these people who are, say they're not in the trades, like, they're white white white collar workers. What jobs they do? What are they [00:36:19] S0: gonna do? [00:36:19] S1: Are we gonna reimagine how it is or are they gonna, like... Do they [00:36:22] S2: just have... And and that's purely [00:36:23] S3: from a western lens as well. Like, we also, like, you think about countries like Philippines and stuff who a lot of the workers will be outsourced to do things like call centers or, like, be developers, all that stuff will be replaced. It's like, where... You can't just say all those people will go start a company or will, like, you know, be this Yeah. Cracked creative that, like, you know, changes the world of, like, media. It's just... Yeah. A lot of these people will lose their jobs in the short term. [00:36:47] S1: That's freaking universal universal basic income and me and Lachlan just sitting in beach, mate.