My First Million
00:12:35 · Shaan Puri
[00:12:35] S0: Yeah. I was like, I was gonna record a podcast. Can I do that right now? And then he was like, I don't know. So, yeah, I think there's crazy shit going on in warfare. I think, like, you know, obviously, there's a lot happening here. But, you know, if you think about AI applied to the world of things, this is obviously a space that's gonna happen. Hey. Let's take a quick break. You know that feeling when strategy is done, the brief is written, everyone's aligned, and you realize someone still has to sit down and actually create all the content? That someone is usually you, and it's due tomorrow. Well, the Breeze assistant from HubSpot can help. It works right inside HubSpot. You can draft campaign copy, blog posts, emails, all in your brand voice, all using your actual customer data. So you don't create just content. You create content that converts. Check out hubspot.com, the agentic customer platform for growing businesses. Next one, building homes with AI and robots. And I don't know if you've been following this, but one of the big things that's gonna improve the quality of life of humans is if we can bring the cost of living down. Right? A lot of people's stress stems from the cost of living and just feeling like they're constantly underwater with how expensive it is. And the most expensive part of your life is gonna be, you know, for most people is, you know, their their home, the place they live. I think right now, the mortgage rates are 7.25%. I think, you know, where I live, I think... I don't know what the cost to build per square foot is, but it's something like, you know, for a nice home in this area, it'll be like 6 to $800 a square foot, let's just say, roughly. And there are people who are building homes, like prefab high end homes that could be done at 20 times cheaper. 20 times. And so, like, you know, if you could do something at 20 times cheaper for something that, you know, the construction industry is a gigantic industry. It's one of the biggest industries in the world. And I feel like we are within ten years away from there being a kinda night and day difference of the cost to build a home. If you wanna go see some crazy shit, go look up ZURU Tech. This is our friend Nick Mowbray, who's on the podcast, who... Him and his brother are, like, you know, two of the craziest entrepreneurs in the world.
00:14:44 · Shaan Puri, Sam Parr
They have a factory in China that is literally printing homes. So what they do is they they basically, like, print a home a day. And when I say print, that sounds like some cheap three d printing shit. No. No. No. These guys bought when the when the fires happened in LA and people's homes burned down and those lots were kind of ruined and there there was no... Nope. Like, nobody... The people who didn't wanna rebuild, they had to sell. These guys bought, I think, like, 60 to $80,000,000 worth of lots out there. And they're building, like, $20.30, $40,000,000 homes that are gonna be built in a factory in China. And what they're doing is literally you type [00:15:20] S1: in Three d three d printing is not the right word. It's like It's not the efficient way to... More a more efficient way to, like, pour concrete.
00:15:28 · Shaan Puri
[00:15:28] S0: It's... If you've ever seen how, like, the iPhone factory works, where it's this incredibly automated factory in China, where they're just spitting out these incredible devices that a billion people will use, and it's, like, the highest quality manufacturing you can do. These guys are doing that, but they're making homes instead of iPhones. And so they figured out, you know, each part of the the home, like, how to how to build it, and they're building these, like, luxury homes that are modular, can be assembled on the spot, almost like LEGO block style. If you go look at look at their earthquake simulator, he basically was showing me. He's like, yeah. Like, we made this home. And, you know, just to test the seismic resilience of it, we had to build in the factory a earthquake simulator where we could put this, you know, 5,000 square foot home or whatever, and then we can run it through the five biggest earthquakes that have happened on Earth in the last fifty years. So, hey. Let's push this button, and that's the Chilean earthquake. Let's push this button, and that's the huge one that happened in, you know, Morocco or whatever. And it's basically shaking the home, making sure that it's it's architecturally sound, that it doesn't... You know, what... And they're iterating on these homes daily. And then they take the home, and they put it... Right now, they just put it outside the factory. So outside the factory, there's, like, a 100 homes in a row where the workers just go live. As they're building, they're, like, iterating over their prototypes every single day. It is like one of the most insane projects in the world right now. Most people have no clue it's even happening. It's like Elon level of ambition, technical scope, change the world when it works type of shit. And it's real. This is not like Pipe Dream. It's not Silicon Valley where you're like raising money. These guys raised no money. They put a billion dollars of their own personal capital into funding this thing. Took no external capital, and they're just building it in China. They... And they've... Because they've spent twenty years building highly automated factories in China. They started in the toy business. And I I don't know if you know this, but the toy business is like... If you, like, if you ask Elon who he admires in terms of manufacturing, he'll say Lego.
00:17:24 · Shaan Puri, Sam Parr
Because to manufacture at scale with absolute precision, a Lego block that's gonna perfectly fit into every other Lego block. It can't be off even by, like, the smallest amount. Or, like, when they were doing the Tesla cars, he would famously... Like, there's a meeting where he had a a Hot Wheels car, and he's like, hearing all the problems of their assembly line. He's like, well, why don't we do it like this? You know, they just inject the whole bottom thing as one mold. It's not 200 pieces. It's one mold. And they're like, well, Elon, that's a tiny car that's two inches big. He's like, yeah. But what if we just made it bigger? And they built their own custom, like, molding thing for the bottom of cars, and they actually pulled it off, and it radically simplified their assembly process. And now... And then they got ahead of all the other car manufacturers. They're the only ones that did it for, like, seven years because they owned all the machines that were the only... They built the only machines that could do it at that size. And so being great at toy manufacturing actually translates really well to manufacturing other things. [00:18:21] S1: Are you... Is that your presentation? Are you done, or is there more? Because I wanna I wanna I wanna talk to you about it, [00:18:26] S0: but I don't wanna, played off the stage? Oh, yeah. No. No. No. No. [00:18:29] S1: I wanna ask you about it, but I don't wanna, like, derail it.
00:18:31 · Shaan Puri
[00:18:31] S0: Let me just give you... Okay. I'm just gonna say the other ones. I'm not even gonna explain them. Alright. New materials. I don't even fully understand this. I would need to go hang out with some crazy people, because this is like when you hear it, and it's crazy talk. But there's people in San Francisco, they're trying to literally do alchemy. They're like, oh, made gold. We figured out we can literally make gold out of this other material. Or they're literally trying to just invent new materials. So actual material science is happening. I find that to be interesting but way above my pay grade. FSD for everything. So full self driving everything. So I don't think people understand. Like, self driving cars are definitely here. Like, I I get in my Tesla every day. I push the button. It drives 90 something... 95% of all the miles. The only time I take over is basically in parking lots where I wanna pick my spot, and I don't like the spot it's gonna pick for So it's crazy how self driving works, but they're now applying that to everything. So forklifts inside of warehouses, machines that go clean windows at the top of skyscrapers. So it's basically, like, the machines that will fix the world. Like, how do you go get the barnacles off the ship? How do you go, you know, maintain bridges that are not being maintained today? And so people are building the machines that will go automatically go maintain our world, our living world that today, like, takes a lot of human effort to go maintain. Weather and oceans. We had Will O'Brien on, and he was talking about, like, basically ocean tech. So the way that space and space tech has gotten super hot with SpaceX and others, ocean tech is, you know, right around the corner for the same thing. And the last one is human body hardware. So this is Neuralink. This is basically... It's AI in the world of things, but the things are us. And, you know, I have a friend, Tyler, who's been working for years on this thing called Atom Limbs, and he...
00:20:11 · Shaan Puri
Basically, you know, he's like, you know, somebody goes to war, they fight for our country, they lose their arm or their leg, they're given this really shitty prosthetic, like, stiff piece of plastic, this piece of junk, where the technology is actually out there now where you can put a robotic arm onto your arm that you can use your mind to say, pick that up, and it'll pick it up. It's kind of a shame that we just haven't done the engineering to bring the cost down for people who come back from wars or have like, you know, tragedies where they lose a limb. We can actually give them a really superior limb if we just do the do the hard work and engineering to actually bring the cost down where it's affordable, and let people know that this exists, and you don't have to have a prosthetics dump. And I think that's really inspiring to me.