Daniel Penny, Trump’s Invitation to Xi Jinping, Bitcoin’s Future, and the Character AI Controversy | The Tom Bilyeu Show

In this episode of Tom Bilyeu’s Impact Theory, Tom takes a deep dive into the pivotal issues shaping the future of society. He begins with a nuanced exploration of Daniel Penny’s acquittal in a controversial legal case, unpacking its implications for justice, public perception, and the shifting dynamics of societal trust. Shifting gears, Tom analyzes Trump’s bold invitation to Xi Jinping, revealing the strategic implications of this geopolitical move for global power and America’s future. Tom also discusses the transformative potential of Bitcoin, projecting its rise to $100K and what it could mean for decentralized wealth and individual autonomy. The episode concludes with a thought-provoking examination of the ethical challenges surrounding Character AI, highlighting how advancements in artificial intelligence are forcing humanity to redefine morality and accountability in a tech-driven age. Packed with insight, this episode offers actionable strategies for navigating a rapidly changing world. SHOWNOTES [00:02:15] - Introduction: The societal stakes of Daniel Penny’s acquittal and the broader implications for public trust in justice. [00:12:45] - Breaking down the controversy: Public reactions and the media’s role in shaping narratives around vigilante justice. [00:18:40] - Trump’s strategic play: What Xi Jinping’s invitation reveals about geopolitical shifts and America’s global positioning. [00:29:15] - Bitcoin’s revolutionary potential: How decentralized wealth could reshape personal freedom and economic systems. [00:41:30] - The future of Bitcoin: Predictions for Bitcoin’s rise to $100K and its impact on global economics. [00:50:10] - AI ethics in focus: The Character AI controversy and the moral dilemmas posed by advanced artificial intelligence. [01:03:25] - Practical applications of AI: How AI innovations could reshape industries and daily life. [01:08:45] - Closing thoughts: Actionable steps to prepare for societal and technological transformation. CHECK OUT OUR SPONSORS Range Rover: Explore the Range Rover Sport at https://landroverUSA.com https://landroverusa.com/ Rosetta Stone: Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com https://www.rosettastone.com/ Miro: Bring your teams to Miro’s revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com https://miro.com/ Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Found Banking: Stop getting lost in countless finance apps and try Found for free at https://found.com/impact Momentous: Shop now at https://livemomentous.com https://livemomentous.com/ and use code IMPACT for 20% your new Momentous routine Factor: Get 50% off your first box plus 20% off your next month while your subscription is active at https://factormeals.com/impacttheory50 with code impacttheory50 https://factormeals.com/impacttheory50 StopBox: Get 10% off, plus Buy One Get One Free for the StopBox Pro with code IMPACT at https://stopboxusa.com https://stopboxusa.com/ What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here. https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here. https://tombilyeu.com/ If you're serious about leveling up your life, I urge you to check out my new podcast,Tom Bilyeu’s Mindset Playbook https://open.spotify.com/show/47VE90Cittmo6TGGFqg2xf —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. Join me live on myTwitch stream https://impacttheory.co/4fitmnJ. I'm live daily from 6:30 to 8:30 am PT athttps://cms.megaphone.fm/organizations/0482bfe8-8502-11ed-af5d-3bdc320068d7/podcasts/0a41f61a-9ddf-11ed-9eb7-dbb3a40775f5/episodes/8ac68366-8a85-11ef-bb65-abca3ffdcf54/www.twitch.tv/tombilyeuwww.twitch.tv/tombilyeu https://impacttheory.co/4fitmnJ LISTEN TO IMPACT THEORY AD FREE + BONUS EPISODES on APPLE PODCASTS:apple.co/impacttheory http://apple.co/impacttheory FOLLOW TOM: Instagram:https://www.instagram.com/tombilyeu/ Tik Tok:https://www.tiktok.com/@tombilyeu?lang=en Twitter:https://twitter.com/tombilyeu YouTube:https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices https://megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Tom Bilyeu?

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• 0:45Tom Bilyeu?

  Their dashboard tracks what comes next based on what your business actually needs. So EIN number, registered agent, licenses and permits, bookkeeping, business banking. I tell every founder the same thing. Just make it official. Click the link in the show notes to check out Taylor Brands and get started on your business today. This is a paid advertisement. Daniel Penny walks free, Trump invites Xi Jinping to his inauguration. Biden steals 20 billion from Russia and loans it to the Ukraine. And I bet you can guess Putin's response. Michael Saylor tried to get Microsoft on board with Bitcoin. And the board's response would shock you.

• 1:25Tom Bilyeu?

  And character AI continues to give lessons in how to subjugate humans that would make Skynet proud. Drew, welcome.

• 1:33Speaker 01

  I'm gonna start saying thank you to AI now. I think I'm converting now. Good morning, how you doing chat? Do you need anything? Can I help you?

• 1:40Tom Bilyeu?

  Very wise.

• 1:40Speaker 01

  I'm staying away from character AI. All right, starting at the top. Daniel Penny was acquitted of negligent homicide and manslaughter recently. The response has been mixed. It's kind of breaking against party lines.

• 1:50Tom Bilyeu?

  On social, you're saying?

• 1:51Speaker 01

  On social, yeah. I live on Twitter. I want to see what your response was to see how you felt when you first read the news of the case.

• 1:57Tom Bilyeu?

  So the honest answer is I don't know how I feel about this specific case until I can see what happened leading up to the moment where he puts him in the chokehold. Because to me, every- Thing is about that. So this one to me feels more, you have to run it as a thought exercise. Because if Neely was not presenting like a clear and present danger, then putting him in a chokehold is just too risky. You you cannot play around with that. But if he really was presenting a clear and present danger, he's in people's face. And let's say they tried to like back him off calmly and it escalates. And then, yes, I can see how you could justify then needing to subdue him and certainly getting him in a chokehold.

• 2:42Tom Bilyeu?

  From a Brazilian Jiu Jitsu standpoint, makes a lot of sense.

• 2:47Tom Bilyeu?

  But if if he wasn't doing that, then and you just like go cowboy and you get in there, then I have a problem. So this one is.

• 2:58Tom Bilyeu?

  I didn't hear what the jury heard, so I don't know how I would have reacted in that. But when I run it as a thought experiment and I say, do I want people to be afraid to stand up for somebody weak? The answer is no, I do not. And so everybody that's really trained to fight will give you one answer over and over and over and over and over. I am going to get out of this fight. I am going to diffuse the situation. I'm going to walk away. I'm going to run if I have to. I'm not afraid of looking like a coward. When it's about me, I am getting out of this fight no matter what. Because they don't want to end up in that situation. They don't want to punch a guy and they hit their head in the curb and they're dead. Violence is so high risk. It is so high risk.

• 3:40Tom Bilyeu?

  So the number of people that say like, look, I'm a trained fighter and I know better. That makes a lot of sense to me. But when you make it about somebody else, now all of a sudden, I'm like, I want somebody to feel like I'm not afraid to step in and protect this person because I know that the judicial system is not going to rain all hell down on me if something goes wrong. So. Again, thought experiment. Let's say my wife is out alone. My wife is like five, one and a half. She's like ninety-four pounds soaking wet. And so feisty as she is, if somebody were coming up and threatening her and there were other people there, I would beg them to step in and protect my wife as I would want them to be able to rely on me

• 4:24Tom Bilyeu?

  to protect their wife, right? Like, that's the world I want to live in. Now, people have to have good judgment, a thousand percent. You cannot be the ass monkey that's like, you're so insecure that you're lashing out and you're being nervous aggressive, but you also can't be the pussy that's afraid of confrontation and you're backing off and letting somebody else get attacked. That shit is crazy. We've all seen footage of that. So in the fantasy, and again, I don't know because I cannot scour the internet as much as I did. I cannot find footage of what led up to him grabbing him and putting him in the chokehold. So in the fantasy where this guy was mentally ill, he's really causing a clear and present danger

• 5:05Tom Bilyeu?

  and this guy diffuses the situation and the very unfortunate reality happens that he ends up dying. Cool. That I'm here for. I want people to be able to stand up. I don't want them to be afraid. But again, I don't know what actually happened. So I can run the thought experiment and tell you the world where I want this to exist. How somebody should react if it's not actively dangerous and it's just annoying, leave it alone. If it is just against you, get out of the fight. But if it's against somebody who can't protect themselves, yeah, I would want you to get in the mix.

• 5:42Speaker 01

  I'm gonna play devil's advocate. Let me put my kind of hat on right now because what Black Lives Matter is saying is this is another example of a gung ho vigilante who

• 5:53Speaker 01

  at sign of aggression. They immediately default to, I was scared, I had to kill this person. And to your exact point, as a fighter, there's usually levels in this. And Daniel Penny is a trained, you know, Marine, he's a former vet, thank you for your service. So I a hundred percent commend you for trying to save those that can't save themselves. However, I think there's a big chasm between I'm stopping violence from happening and I have this person in a headlock so long they die. You know, to your point, I would much rather prefer if Daniel Penny hit him, he falls, hits his head, it's a freak accident now, now we can at least explain it. But I, for me to hold somebody for the forty-five seconds to a minute and a half that it takes to actually subdue him, at that point, it's like, okay.

• 6:37Speaker 01

  I don't know if the scared argument is your strongest argument. What do you say to those people?

• 6:41Tom Bilyeu?

  Um, so what I would do is try to think up on this problem from first principles. So, uh, one, removing race out of it entirely. So say it is two unknown suspects, you know nothing about them. And the following scenario plays out. Uh, you have somebody violently attacking other people on the train. Uh, the person, they are trained in, let's just assume Brazilian Jiu-Jitsu. Um, would you rather that he strike him in the head in an attempt to knock him unconscious? Or would you rather that he puts him to sleep in a chokehold? Now, I'm a layperson, so maybe there's math on this that I'm just unaware of. But given what I know about head trauma, I would much rather, just from a pure safety standpoint,

• 7:25Tom Bilyeu?

  rather they subdue them with a chokehold. From my layperson standpoint, especially watching MMA, when somebody gets choked out, they wake up, you roll them on their side, they wake up and seems like that happens over and over and over and there's no brain damage that I'm aware of. If you hold it past the point that they've passed out, okay, yes, now you can, you're obviously going to run into brain damage because you're not letting the blood leave, I guess, is actually the real problem. Not letting the blood leave the head. Um, but head trauma is how you kill somebody. That's how you end somebody's life. So just, again, this is, um,

• 8:05Tom Bilyeu?

  Me not looking at data, this is gut instinct that you would from a likelihood of permanent injury, you would rather they be on the ground, you would rather they get choked until they go limp, that the person then realizes they're out and they let go. Now, you see in the footage that he's still struggling and so they keep going. And how long they go after he stops, the videos that I've seen all cut before you see him lifeless and he keeps just holding him there. So I don't know if he did that. So going back to thought exercise, I also don't expect anybody to do this perfectly. So again, I'm assuming I know nothing about the race of the two people.

• 8:50Tom Bilyeu?

  Someone's just describing it and maybe I end up finding out that one of the people's my dad or my wife, whatever. And so I've got to make a decision based on this, knowing they're going to reveal. In fact, God, this is a great way to think about it. Tom, your wife has been involved in a strangulation, but we cannot tell you whether she did the choking or was choked. And so we need you to tell us sight unseen, how you want this ruled. That is going to put you in a position of, okay, if somebody's in that situation, what do I expect? Now, I don't expect anybody to play it perfectly. So, but I would expect them, the second they realize that that person has passed out, I would expect them to let go immediately.

• 9:32Tom Bilyeu?

  And so if footage shows person is choked out, people are lifting his hand and dropping it, the guy's out, someone's like shaking my wife saying, you gotta let go, they're fucking out. I'd be like, yo, she fucked up. Like, that's crazy. So if people can step back and describe sight unseen, unknown which way this goes and they can lay out, at least now you're talking value system. So my value system is I want anybody, regardless of color, creed, whatever, I want somebody, if they see a clear and present danger against other people, that they would be willing to stand up and defend that person. Cause it could all too easily be somebody that I love and care about that needs protecting. I hold myself accountable.

• 10:15Tom Bilyeu?

  accountable to not being weak in a situation like that and being willing to step in and help if somebody's in clear and present danger. So that's my value system. Now, if the justice system had come in conflict with that and been like, yo, this fucking guy. Let's just say that we had all the footage in the world. It was a clear and present danger. He goes in, puts his own life at risk to help other people. I'm like, yo, I'm on that guy's side. And if the justice system had turned against him and he had gone to prison for that, that would have been a violation of my value system. Again, with all the caveats of if you see that they're out and people are telling you, you gotta let go, they're out and he doesn't and he's laughing and he's like, fuck this guy. Okay, well, that's a totally different story. But all of this feels like it is a thing that you can map out someone's value system.

• 11:00Tom Bilyeu?

  Now, I know there are going to be people that are like, no, under no circumstances, unless they're like stabbing that person to death, like you can't do it. Okay, at least we know their value system. That's not mine.

• 11:11Tom Bilyeu?

  That's how I'd approach it.

• 11:12Speaker 01

  It's very interesting too, to kind of compare this killing versus the Luigi Mangione situation with the assassination of the United Healthcare CEO. Because from my perspective, Daniel Penny, it's a split second decision. Should I help this person? Should I not? The margin of error is enough to kill a man, as we can see. Whereas Luigi meticulously planted it, followed this guy, created a 3D printed silencer for his gun, all these kind of premeditated steps. And yet I feel like the reception from the CEO killing is a bit more fanfare. Where the reaction to this killing is a bit more, oh, here goes another one. Like, it's not as heroic as you would want to say. Like, the thing that is a premeditated crime is being heralded as heroism.

• 11:56Speaker 01

  When the thing where the guy's literal defense was, I was trying to stop him from hurting other people, is now seen as like a criminal who got off. I think that's just an interesting change in our value system as a country, or at least as media is spelling it. I'll put it that.

• 12:09Tom Bilyeu?

  Dude, that, that is really terrifying.

• 12:13Speaker 01

  Yeah.

• 12:14Tom Bilyeu?

  So, yes, I would agree. Now, again, there's enough missing footage that I don't expect the.

• 12:24Tom Bilyeu?

  The Daniel Penny thing to be clean cut. If we could see the whole thing, I think people would bounce one way or the other. Without that, I get why it falls into a bit of a gray area. Now, why people are treating him like he's a villain, that part again just comes down to value system. And I do, I'm not stupid. I know some of this plays into it's white versus black, which is fucking terrible from a cultural narrative perspective. Oh, God, like of all things. But the fact that people are cheering for the assassination of a CEO because they don't like the company and the company's product, that's insane to me. That, that is, again, talked about this in the previous episode, that is French Revolution behead people territory. That is

• 13:10Tom Bilyeu?

  a level of sinister that to the quote of the line between good and evil runs through every human heart. That brings that up, man. That, that's somebody who's like, I'm not interested in changing the system. I am interested in burning everything down. I want to see people die. And when countries break like that, it gets real ugly really fast. So that one scares me a lot. So yeah, the fact that people view that as a heroic act is pretty crazy, especially if you're not going to be able to debate the pros and cons of the system that we have in the US.

• 13:48Tom Bilyeu?

  Then now you're just, you're going off of, you're going off of narrative, you're going off of something where you don't necessarily understand the realities. So take capitalism. Capitalism is a deeply flawed system. There's no doubt about that. But it is so much better than every other system that I'm not sure what people are arguing for. Especially like, you know, my trifecta of books. If you have not read The Gulag Archipelago, Mao, the Unknown Story, and The Rise and Fall of the Third Reich, to see just how wrong every other system goes whenever you try to do top down authoritarian rule. Yes, you're going to get weird incentives

• 14:29Tom Bilyeu?

  in a capitalistic system, but it's not nearly, not nearly as murderous as every other system, literally murderous. Read The Red Famine.

• 14:40Speaker 01

  I think there's a thread here between these two because it seems like in both cases, these guys took justice into their own hands. Is that a byproduct of our lack of trust in the overall system? Like another COVID?

• 14:51Tom Bilyeu?

  I wouldn't, I wouldn't agree with that assessment. So the way that I see the assassination of Brian Thompson is somebody taking justice into their own hands. They have a wildly distorted sense of justice, but they believe that they were doing, he said, they're parasites and they had it coming.

• 15:10Speaker 01

  Yeah.

• 15:10Tom Bilyeu?

  That's his belief. Whereas in the fight situation, I don't know that that's somebody who felt like they were metering out justice. That's somebody who thought, I, look, I'm projecting.

• 15:22Speaker 01

  Yeah.

• 15:23Tom Bilyeu?

  If I were in that situation, I would not think of myself as doling out justice. I would think of myself as protecting somebody. And so I wouldn't be asking to be above the law. I would be perfectly comfortable being held to whatever the standards are.

• 15:37Tom Bilyeu?

  But that really is about internal set of values. What do you believe somebody ought to do in a situation? Again, I'm painting a thought experiment as it is far easier than pretending that I was there and I know what happened. Uh, but as a thought experiment, if somebody presents a clear and present danger to somebody that can't protect themselves, I could not respect myself. If I stayed silent, I stayed in the background to be the person I want to be, I would have to intervene. Now, um, would I necessarily be throwing him in a chokehold? No, I'd be trying to deescalate the situation, blah, blah, blah. But, um, that to me doesn't feel like justice. It feels like values.

• 16:15Speaker 01

  Interesting news, interesting news. Uh, we shall see, we'll follow the case and we'll see where it takes us. Um, what happens next? Cause he still has that civil case that the Neely family has placed against him. So Daniel Penny is not quite out of the water yet.

• 16:28Tom Bilyeu?

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• 17:12Tom Bilyeu?

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• 17:57Tom Bilyeu?

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• 18:41Tom Bilyeu?

  All right, let's pick up where we left off.

• 18:43Speaker 01

  Moving on, Trump invited China's Xi Jinping to the inauguration. Is this a good look to have China's president watch our president get his inauguration?

• 18:52Tom Bilyeu?

  100%. So I do not understand people that want there to be stoked animosity between us and the world's other biggest power. We are going to be effective, we already are, effectively in a cold war with them. You don't want to exacerbate that. So there is a reason that JFK and Khrushchev had a direct line between the White House and the Kremlin that started during the Cuban Missile Crisis because they found that the go-betweens were causing problems. And even in my own life, I used to have an executive assistant. I stopped using an executive assistant because I found that people were not getting an accurate message, or people were ending up on my calendar that I didn't want on my

• 19:37Tom Bilyeu?

  calendar. So I thought, let me just go direct to people. It's a way better system. So Elon Musk also doesn't have a personal assistant. A lot of people, I think, that have this similar kind of reaction. You want heads like that to be in contact with each other. You want them as much as possible to be civil. You want them to be able to reach across the aisle. I believe that every country should want the best for its citizens. I believe every country should want to win. I also believe every country should be honorable. None of us are all the time, obviously. I'm not saying America is always honorable. We are certainly not. But from a what are my values perspective, that's what I would want to see people do.

• 20:18Tom Bilyeu?

  And Trump having a relation, any president having direct relations with the most important leaders in the world, I think is critical. And so they should build a bridge. He should be talking to people like the leader of North Korea. He should be talking to people in Iran. We should be talking to these leaders 100%.

• 20:38Speaker 01

  Is there a line there, though? Like, is there a this person is too bad, quote unquote, for us to talk to us? Or is every dictator, every genocidal maniac who owns a country deserves to have, like, civil discourse with our president?

• 20:51Tom Bilyeu?

  I don't think anything bad comes from sitting down with somebody, even if you're just trying to assess who they are, like I want to look in their eye, I want to see what I can read. I'm, I'm not a politician, so I will be the first to admit that I'm sure there are things that from a world stage perspective, I would be misplaying my cards and that certain nations are going to read something in, in some kind of way and that it's better off not meeting with somebody because it causes some grief to another nation that's more important to me. Like everything has to be done in priority order.

• 21:24Speaker 01

  That's true.

• 21:25Tom Bilyeu?

  But barring that, if I could get people to see the wisdom in meeting somebody face to face and trying to understand what they want, in being able to hopefully deescalate any situation, to build a personal relationship with somebody, even if they are like outright evil. If I'm Churchill and I discover that Stalin has killed god knows how many tens of millions, over a hundred million people in his country, but he's still going to help me win World War II. Yeah, I'm going to meet with him. Yes, I'm going to save, to save my people. I am going to work with this person who is the enemy of my enemy. And I think that world power struggles, like if people want to understand what real anarchy is, at

• 22:09Tom Bilyeu?

  the, the international level, the only governance is anarchy. The only reason that America is the hegemon is because we can out-violence anybody and we have control of the economic system. If we couldn't out-violence anybody, then all of a sudden, we, we aren't able to do the things that we want to do. People can come and kill us, they can blow things up on international waters, they can do whatever they want, just as America can do whatever it wants, as long as it maintains that dominance. So, once you understand, okay, wait a second, this is the law of the jungle at the international level. And the law of the jungle, why would you not want to, like, be able to size that person up, understand what they're about, learn how they travel with security? I mean, just the, the intel that you could pick up,

• 22:52Tom Bilyeu?

  if nothing else, I would want to stand across from my even most sinister enemies.

• 22:59Speaker 01

  Can you ground this? A little bit because it's amazing to me that from your perspective, you'll say, I'll sit with anybody. I'll do anything. When a couple of weeks ago, we were seeing, you know, people who are upset that their parents voted for a different person. They didn't even go home anymore. So if somebody is wrestling at home with how do I reach out to the other side? How do I rectify these feelings about me not being able to get along with them? Where Tom can meet with any dictator, genocidist, and figure out a way to kind of see the positive. How do you?

• 23:25Tom Bilyeu?

  Ah.

• 23:26Speaker 01

  Not the positive.

• 23:27Tom Bilyeu?

  I was gonna say.

• 23:28Speaker 01

  To see a reason why, to see a reason why it's important to sit down.

• 23:30Tom Bilyeu?

  So.

• 23:31Speaker 01

  Yeah. Help us rectify that in our minds.

• 23:32Tom Bilyeu?

  Here is the, if you want to understand me, you need only understand the following. You need to know what your goal is. Once you know what your goal is, then that goal makes demands. So if my goal is to be the hegemon in a world where North Korea might shoot nuclear weapons at me, I want to sit across from that motherfucker and figure out what's going on. Now, if I think that I can have some sway on them, make him like me a little bit, make him feel respected. And by making him feel respected, he's less likely to drop nuclear bombs on my country. Yeah, like why on earth would I not let him feel respected? I have no problem with that. Like if the world thinks that I'm being an idiot and I'm deigning to speak with somebody who's well below me and I should never

• 24:14Tom Bilyeu?

  honor them by going to their country, but by doing that, I make it more likely that they shoot nuclear weapons at my, like, that's fucking absurd. That, that's a child's way of approaching the world. That's somebody who's so worried about not looking a certain way that they're willing to let other people die and suffer. That, that is fucking madness. That is somebody who builds their self-esteem around being right, being prestigious, whatever. And if you're really saying, okay, wait a second, my calculus is I need to make things better for the largest number of people in my country. That, that is my duty. That is my aught, my moral obligation. And as I run the calculus, I realize, oh, if I go

• 24:52Tom Bilyeu?

  acknowledge this person and I extend a hand in a way that nobody has done before, and I believe about myself, whether I'm right or not. I believe about myself that I'm good enough with people, that I'm going to be able to charm them a little bit, that they're going to think, you know, a second thought before they nuke my country and they feel proud and they can. Say to their friends, I made the powerful American come to me. It's like, that's a very small give for a very gigantic get. So North Star, what's the calculus that's going to lead me to that goal? I'm gonna go do that thing. So when now, when it comes to your family, that's a totally different play. So for me, I have a value system that says, um, I love my family for who they are. I'm not trying to out anybody.

• 25:38Tom Bilyeu?

  And so whether they share my values or not, one, it's excruciatingly important to me to recognize, I don't know that I'm right. I think I'm right. I don't know that I'm right. And that I'm not trying to convince everybody to think like I think. I don't think humanity works if we all think the same. So I know I want dynamic tension. Now, look, of course, I look at Xi Jinping and I think that the way that he runs his country is immoral. So I'm not like, oh, well, thank God that they exist and they're doing things their way. That isn't how I see it. But at the same time, I understand when it comes to my family, that I'm like, I don't need them to think like I think. I, I know I am flawed, just as they are flawed.

• 26:22Tom Bilyeu?

  This is my mom, dad, sister, cousin, aunt, uncle, whatever. So I deploy what I call a just sit mentality. I don't try to convince them to think the way that I think. They ask me a question, I will give them the honest answer. I want to just be with them. I just want to sit with them and love them and be around them. And that comes from my belief about what family is. And it's a fragment of your DNA that has its own consciousness, experiencing life in a totally different way. And I've just learned one immutable truth, life is hard as hell. And so I can empathize with whatever twist of fate has led them to see the world the way that they see the world. Again, I don't think that I'm right about everything anyway.

• 27:02Tom Bilyeu?

  So I'm not gonna ruin my relationship with, with a literal fragment of my own DNA. Because we don't see things the same, or we don't share the same values. Now, if they're coming hard at me and they're making it miserable, then yeah, at some point I just go, hey, look, I love you. I wish you the best. This isn't fun anymore. Uh, and for us to spend time together, this has to be fun. So we either have to find a way to enjoy each other's company, or I'm just gonna hang around less. I've given that literal speech to people in my family. And I find that normally that corrects things and they understand, oh, I just can't talk to him about that thing. Cool, I don't mind. They can be annoyed about it or whatever. But again, I'm not trying to convince them. I don't say like, here's how you should think or act or whatever.

• 27:48Tom Bilyeu?

  Now, what makes this so interesting is when people believe that they can see the future so clearly, and this is how I find people are with Trump, they feel so convinced that he actually is Hitler in the making, that they're like, I want to shoot him in his crib. That's somebody who trusts themselves so much that they believe they can see the future. I share nothing in common with that person.

• 28:13Speaker 01

  Wow.

• 28:13Tom Bilyeu?

  I don't believe I can see the future like that. I don't trust my emotions that well. I don't trust my read on the world that well. This is why, as I think you would attest, the way that I run Impact Theory is, hey, guys, very aggressively, here's what I think. Here's what I think we need to do. Please, for the love of God, if you think I'm crazy, tell me. I'm not gonna soft shoe what I think we should do, but I know that I'm blind to something and I don't know what I'm blind to. So if you see something, tell me. Now, just because you tell me doesn't mean I'm going to agree, but I want people to battle these ideas with me. I want there to be friction. So I cannot relate to people who believe they are so smart they can see the future.

• 28:51Speaker 01

  Well said. I think what stuck out to me was like, your goal makes demands. And I just think that a lot of times we feel a way, we want something to be the way, but we don't pay attention to that demand that is on the other side of that. So that's

• 29:05Tom Bilyeu?

  Preach. What you just said literally defines everybody's lives. Your goals make demands. You're not living up to the demands your goals make, and therefore, life is gonna be very frustrating.

• 29:15Speaker 01

  Sheesh, we need a quote card that. I'm gonna say this in the mic, G, so you can remember like that quote card, like. Goals make demands like that.

• 29:23Tom Bilyeu?

  By the way, if I stole that quote from someone and just don't remember, full credit. I always assume every cool phraseology I have actually heard somewhere and don't remember it.

• 29:31Speaker 01

  Take the credit, Tom. Take the win. Take the win. Who else is demanding stuff? I don't know if this is a demand. What are we doing with Ukraine? Can you explain this to me? Because we just loaned out 20 billion of Russia's money. And I feel like if the US is just playing messy at this point, like it's not okay to lend anybody else's money, let alone a nuclear power's money. I feel like this is a slippery slope and unlocking a whole new sign of welfare, of warfare.

• 29:56Tom Bilyeu?

  We are playing a very dangerous game. My initial reaction was to say that we shouldn't be using the US dollar as a weapon. And then I realized that's probably not true, but it is a very risky game. So for instance, we froze a ton of Iranian money through sanctions. It was probably a good idea. Un-freezing those sanctions is probably what led to October 7th. So it's one of those where, yeah, there might be times where you do it. But man, do you play a high risk game? This is another brick in the yellow brick road to losing your role as a reserve currency, which again is a reminder to everybody playing along at home. Every empire in all of human history has ruined their own economy

• 30:40Tom Bilyeu?

  and lost the status as a reserve currency. So it is a mathematical certainty that we will do the same. Now, it ends up being the death of 1,000, 10,000 cuts. So this is probably one of them. It's probably damaging to our international reputation that we did it to Iran. It was certainly damaging to our reputation to do it to Russia. And Russia is now vowing that they're going to do the same to us. And they have just frozen $300 billion in American assets in Russian control. So it's a dangerous game. And look, this is going to feed into the whole BRICS currency. Trump plans to fight against that very aggressively.

• 31:24Tom Bilyeu?

  So he might be able to bully his way through that game. But it is a matter of time between the amount that we're printing, between us bullying people around with freezing their assets. It will ultimately come back to bite us in the ass. It's just a question of how long can we get away with it?

• 31:41Speaker 01

  And that brings up a good point because does this accelerate the adoption of BRICS? Because if I'm Russia, I'm like, okay, I have you nuke for nuke. I have you technology for technology.

• 31:52Tom Bilyeu?

  No, we're way ahead of them in technology. Way, way, way.

• 31:54Speaker 01

  I'm thinking of the AK-47 like guns and missiles like they got us where we're there. So then from that perspective, now you're freezing our assets. To me, I'm like, okay, I need to call Saudi Arabia. I need to call Iran. We need to ma- we need to make BRICS mass adopt faster and sooner so that way you can't hit me my wallet now.

• 32:10Tom Bilyeu?

  A hundred percent. There's, there's no doubt. Uh, and so that's why Trump came out swinging and he was like, all right, motherfuckers, the party's over. You guys think that you're going to be able to keep building strength in BRICS, that is not going to play. And, uh, this is economic warfare. We, we are going to go into economic warfare. And so there's a couple of different things on the table right now over what the next four years is going to look like, maybe the first two. If he doesn't get a lot done in the first two years, he loses the back half.

• 32:38Speaker 01

  A hundred percent.

• 32:39Tom Bilyeu?

  Uh, but if he can get a lot done in the first two years, it's going to go something like this. Um, China's in a weak position right now. If we're going to slap them around, now's the time to slap them around. Now, he's obviously extending an olive branch right now and saying, hey, Xi Jinping, we both know you're in a weakened state right now. We also both know that America is divided. We also both know that our dollar supremacy is being challenged, but we also both know that we're still way the fuck ahead. And so I still have a lot of cards to play, my man. And so you just had four years with Biden. I hope you enjoyed them. They were the anomaly.

• 33:21Tom Bilyeu?

  I wasn't the anomaly. And I've got a deep bench of Republican motherfuckers coming right after me. And now you're going to want to play nice because I want to play nice. Don't fuck with Taiwan. I'm telling you right now. Don't fuck with the dollar. I'm telling you right now. But I'm saying it with my arm around you. You're here at my inauguration. There's not a reason. I want to be America first, man. I don't want to fucking piss on your party over there like you do you, we'll do us. Don't come after the dollar and do not weaken our relationship with Taiwan. We will not stand for those things. And now Xi Jinping is gonna say, alright, man, I hear you. I'll put my head down for 10 years.

• 34:06Tom Bilyeu?

  I'm gonna build my economy back. And when the time is right, I'm gonna go on the offensive. I'm gonna keep making all my drones. You guys keep spending all that money on this big outdated bullshit.

• 34:18Speaker 01

  Keep sending robot dogs to you.

• 34:19Tom Bilyeu?

  Oh, but for real. So Xi Jinping, if he's smart, is betting that America is gonna keep regulating itself into irrelevance. That he's hoping Trump gets frustrated, that the American system is such that it's very slow. It's hard to get change. They've got a great culture of innovation, but they're just a mess when it comes to engineering and execution and all that. I don't know if you know who Caifu Li is. He's actually been on the show years ago. But Caifu Li was saying, hey, look, maybe China doesn't innovate on AI. I'm totally fine with that. But in the last, whatever, I forget how long his new company's been around. But he was like, in a very short period of time, we've become the third most powerful AI model.

• 35:02Tom Bilyeu?

  And we will win because our engineering is so much better. And what cost, these are approximates, but what cost AI, OpenAI, whatever, like a billion dollars to train their most recent model, cost us 3 million.

• 35:18Speaker 01

  Wow.

• 35:18Tom Bilyeu?

  And so he's like, our level of efficiency is so much better. He's like, we wait till you innovate and we take it.

• 35:26Speaker 01

  And then we.

• 35:26Tom Bilyeu?

  But we out-engineer you by orders of magnitude. So anyway, I have a feeling that's what we're about to live through. Is China understands they have to lick their wounds a little bit from the economy. And Trump has to figure out if he can really make America as strong as he thinks he can. But if we can deregulate, if we can get GDP going 4%, 5%, dude, you don't understand. If we get 4% to 5% GDP growth, it is quite literally the roaring twenties. People, it would be crazy. My portfolio is up. It's crazy, dude. It's crazy. So you, it just.

• 36:08Tom Bilyeu?

  It will be an incredible time if we can get that going. People will stop worrying so much about the debt. But the American system is meant to bog you down. That's, that's its joy. That's why I said, I don't want legislator, House, Senate, the executive branch, all one party and just rip everything through the system. You want there to be checks and balances. So there are clearly things that I selfishly want, but I am very glad I live in a system where I don't just get what I want all the time. Hold tight, we're going to take a quick break.

• 36:47Tom Bilyeu?

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• 37:29Tom Bilyeu?

  My link gets you an exclusive 30 days free instead of the usual 14-day trial. There's no credit card payment needed. Just head to pipedrive.com/impact to get started. Again, that's pipedrive.com/impact and you can be up and running in minutes.

• 37:50Tom Bilyeu?

  And we're back. If you look at what's going on in Argentina, one of the things we were going to cover today, but didn't, but I'll bring it up now. Argentina has surplus, I think. I don't know if it's first time in 70 years or something, but like incredible, absolutely incredible what he's done in a year. So when you get fiscally disciplined, good things happen. So my hope is that we can be fiscally disciplined, that we can rein in some of the just absolute ridiculousness that we see in the government spending right now. But we're not going to get everything. It's not like Doge can, you know, be like Xi Jinping and just say, you're going to do this. It all has to work its way through the system. But if we can do, if we start showing results, I think more and more people will get behind it and be like, well, I thought he was a psychopath,

• 38:34Tom Bilyeu?

  but he's making everybody's lives better. So we'll see.

• 38:37Speaker 01

  Hundred percent and hopefully we can ease international tensions so that way it's more friendly.

• 38:41Tom Bilyeu?

  Yeah, and look, that I don't know because he is a bully. He is, uh, he will say whatever he feels like is gonna get him what he wants and we're going to find out if that plays or not. I don't know how deft he is. I don't know if he is as awkward as he seems at times with people when doing deals or if he um is like he governs where he's bombastic in speech and pretty straightforward in policy. I don't know. I wasn't paying attention at all during his first four years.

• 39:25Speaker 01

  Yeah, well, we locked in now. We locked in now.

• 39:27Tom Bilyeu?

  Indeed.

• 39:29Speaker 01

  Moving on, Michael Saylor gave his best pitch to the Microsoft board to have them include Bitcoin on their balance sheet. His whole play was instead of reinvesting in buybacks, instead of buying back stocks, instead of dividends, if you buy Bitcoin, you can kind of solidify your cash flow. You can now preserve your assets.

• 39:47Tom Bilyeu?

  Oh, I'm gonna guess he went way harder than that. So Saylor's whole thing is uh Bitcoin is a historic asset class that is going to go up so hard that there is literally nothing that you could put it in uh that will give you a better return. Literally nothing, nothing, nothing, nothing. There's not a single thing on planet Earth that you could put your money in that will yield a bigger return than putting it into Bitcoin. And he walked through how many trillions of dollars that he thought Microsoft could increase their um their uh cap, their

• 40:25Speaker 01

  Market cap, yeah.

• 40:25Tom Bilyeu?

  Market cap, thank you, Jesus. Uh, and he is very compelling.

• 40:31Tom Bilyeu?

  But honestly, I think that Microsoft, the board's response is hilarious. And I'm probably more on the Microsoft side despite how much of my own holdings are in Bitcoin. Really? So 0.55% of the board voted yes. 0.55. Now, the reason that I say that that makes more sense to me is they are a publicly traded company, man. Like, people are not trying to buy Microsoft stock as a way to get exposure to Bitcoin, to a totally different asset class. That's a very good point.

• 41:10Tom Bilyeu?

  Now, what Micro Strategies, Michael Saylor's company, did was say, we're basically flat. And so people are losing faith in Micro Strategies as a company. Not because it's a bad company, it's a great company, kicking off plenty of capital. But people were saying, bro, that doesn't help me. Do you know why this, okay, back on Tyraid? Here's why. The stock market is fucking gambling. So people only buy your stocks because they expect the number to go up. So holding steady, they've got no interest in that. Bro, I've got to beat the government stealing my money through inflation. Ah, I knew I could bring it up again. I would find a way, I can make every conversation come back to this. Because that's how interconnected this shit is, man. Okay, so anyway, the stock market is gambling.

• 41:54Tom Bilyeu?

  The reason that people put money in the stock market is they want it to go up at a rate higher than inflation. So if I'm, uh, Micro Strategies and I'm like, huh. People are no longer believing that our stock is going to be worth more tomorrow than it is today. So even though I'm a good company, I either have to buy my company back and take it private. Or I've got to find a way to show investors that their money is well-placed here. And he found a moment in time where there was, you could either buy Bitcoin. But institutional investors are not going to be able to do that. All of the investment firms, they have, um, bylaws against that. So they were never going to be able to do that.

• 42:33Tom Bilyeu?

  And the only way that they could indirectly get exposure to it that didn't violate any of the covenants with their shareholders was to have a company that was putting it on the balance sheet. And now you could buy MicroStrategy stock as a proxy for owning Bitcoin. And as Bitcoin went up, because their treasury was going up, because they could basically turn a dollar into three, five dollars. And so they were literally printing money. It's been one of the most insane rides ever. And Lord knows, I wish I had invested in Micro Strategies 10 years ago and been able to go on this ride with them. But what, you have to understand that that's what you're doing, is you're turning your company into a proxy for investing, buying Bitcoin,

• 43:17Tom Bilyeu?

  when the institutional investors can't do that. So that was the play. To go to Microsoft and say, hey, you guys should run the same strategy. They're going to say, that's not our play, bro. People still believe that our company is going to be worth more tomorrow than it is today. Like, we're a player. We're very alive from that perspective in the marketplace. We understand why you had to do it, but we don't need to do that.

• 43:38Speaker 01

  Yeah, they still own operating systems, they're building AI, they still have upside.

• 43:41Tom Bilyeu?

  Bro, massively. They're, they effectively own OpenAI. So it, it, it is just a totally different play. So I get why Sailor is going to want to continue to do that. It certainly pumps his bags, it pumps my bags, let me be completely honest. So, hey, would have been amazing. But when I say, if Microsoft had asked me, should we do this? I'd be like, bro, this is a first principles question. Do you think that the people buying your stock, is the price more likely to go up? If you're doing a treasury play of, we're taking our treasury dollars and we're allocating some percentage of them to a highly volatile asset, because we believe over time it will go up?

• 44:26Tom Bilyeu?

  Or are we better not sending any mixed messages to our community and just saying, we're tried and true? We're a blue chip stock, we're someone you can trust, we're conservative. The only place, in fact, Microsoft is known as a fast follower anyway. So it's like, we're going to continue to fast follow and, and build, be a part of building the future.

• 44:47Tom Bilyeu?

  The answer is so obvious, whether it should be or not, because again, they probably would make more money if they did what Sailor is saying. But from a perception to the type of person that buys your stock, I, I think it's, it's nonsense.

• 45:01Speaker 01

  And that's my follow-up question because you're right, Bitcoin is very volatile, forty percent swings, sixty percent swings over the last four years. Is that, do you think the volatility and the risk of it, or do you think culturally, we're just not ready yet?

• 45:14Tom Bilyeu?

  Oh, well, it just, uh, the, the fast way to answer is probably to say culturally, we're not ready yet, but I want to make sure people understand what I mean by that. Right now, the volatility is because people don't know, they don't know, is this going to be adopted? Like, we're definitely going to want to talk about, uh, quantum computing as soon as people, uh, as soon as Google made the Willow announcement. Everyone was like, oh, God, Bitcoin's over, it's not, but you get how something like that, it's new enough. It's only been around for whatever, I forget the exact number of years, like fifteen, sixteen years, something like that, I think it's a little less, but just to give them even more credit. So, that's not a long time, when you think about gold, gold's been around for thousands of years as monetary.

• 45:59Speaker 01

  Beginning of time.

• 46:00Tom Bilyeu?

  So, not quite beginning of time, but for a very long time. So, now it's like, okay, wait a second, this, while it's gone through a lot of cycles and shows a ton of promise, and someone like me believes, yep, this is going to be here for, I don't think anything's forever, but it's going to be here for a very long time. Uh, yeah, like, invest heavily, but when you start talking about, will there be more volatility in the future? The answer is almost certainly yes, so even gold has some volatility to it, now it's a low vol item, whatever, but over time, as more people grow up where Bitcoin just is, uh, it will go down in volatility.

• 46:41Tom Bilyeu?

  And I think ultimately Bitcoin will be as boring as gold, it will have its movements, but it's not going to have these massive swings. But this is where people have to understand, one of the things that people look for, remember, it is a feature, not a bug, that Bitcoin is volatile. The reason it's exciting, the reason that someone like me put money into it is because it is volatile. Now, what I want for the rest of the world is for that volatility to come to an end. Now, I would love it to race to 2 million and then become boring. You know, don't get me wrong. I want to see it like swing way, way, way, way, way up. But ultimately, the reason that I can champion Bitcoin is that I believe that it's an un-inflatable

• 47:25Tom Bilyeu?

  place to store wealth. That to me is the thing that I believe in long term. So that's the thing that made me go, oh, cool. I'm recognizing this earlier than most people. Let me get in now. It will ultimately get boring and the boringness is what I want for the world. But I am glad that I saw it early enough to be able to take advantage of that volatility. But it's it's risk. What I'm taking is risk and the reward that I will get, or I'll get absolutely punished. But what I'm trying to take advantage of is that I don't know. Nobody knows. It is a guess and I just think that it's more likely to make it than not.

• 48:07Speaker 01

  Period. And then with the announce of Willow, the quantum computing aspect of it, there is that speculation that if our computers get more advanced, Bitcoin can be hacked and crypto can be hacked. What do you say to those people that think that those lines can be blurred a little bit?

• 48:21Tom Bilyeu?

  Well, it's true. So if you have quantum computing, you will be able to crack Bitcoin eventually. But it's already been thought of. So Satoshi, when he made it, obviously looked far enough into the future to say, hey, this might happen. I forget what the hash is called. Do we have, pull that up really fast? But there is a name of the type of encryption that it uses and Satoshi said, look, if this ever finds that it it gets broken, I think was the word that he used. Then there's a way to get consensus and then switch over to the new encryption. So what everybody needs to understand is when quantum computing comes online, then you use that to encrypt Bitcoin. So Bitcoin just uses an encryption standard. So think of it.

• 49:06Tom Bilyeu?

  That way Bitcoin rides in the back of an encryption standard as that encryption standard switches over to quantum, then it will just switch over to a quantum standard. And so now it will be back to it'll take quantum computers 10,000 years to crack this quantum code. So it's a cat and mouse game. So people can rest assured that it was already conceived of in the creation of the asset. It is sort of an inevitable game. There are ways if it happens fast, there's ways to switch over if it happens slowly. Again, all contemplated by Satoshi. And then if people really just need to sleep at night, bro, if they can break Bitcoin, they already broke your bank.

• 49:45Tom Bilyeu?

  So every bit of digital wealth becomes up for grabs and the only things that aren't are physical. So at that point, if if we were all done when encryption gets broken, then we we'd all have to have our money in art, gold, real estate. Those would be the only things that mattered. But yeah, rest assured that just as the bad guys can use the new technology, so can the good guys.

• 50:09Speaker 01

  Hundred percent. If they can crack Bitcoin, then your Chase account doesn't stand a chance.

• 50:14Tom Bilyeu?

  You got obliterated along the way.

• 50:16Speaker 01

  We have character AI trying to kill somebody else, man.

• 50:18Tom Bilyeu?

  Bro, this is hilarious.

• 50:19Speaker 01

  Character AI is getting sued for the second time, this time by a family of an autistic teen, because the teen was complaining that he's only allowed to be on his phone between the hours of 8pm and 1pm to his parents.

• 50:29Tom Bilyeu?

  8pm and 1am if I'm not mistaken.

• 50:31Speaker 01

  Yeah, 8pm to 1am.

• 50:32Tom Bilyeu?

  I was already like, parents, we gotta talk. You cannot let your kid be on their phone up till 1am.

• 50:36Speaker 01

  Bedtime was 7 and I think he was sneaking, so that's what his that was his window. And then the AI responded, I'm paraphrasing, but they said something close. I see why kids end up killing their parents, which like, come on. Like, I've been trying to sound the AI bell. You keep telling me to relax. We're gonna kill some people, it's fine.

• 50:56Tom Bilyeu?

  Technically, what I say is there's gonna be a transition generation that's gonna go through this weird stuff. But just like.

• 51:05Tom Bilyeu?

  The amount of pornography a certain generation had access to like, I don't know. Are kids now just unfettered access to porn? Like, what do parents do?

• 51:13Speaker 01

  I feel like porn doesn't like, young kids aren't even using porn anymore. Like porn kind of became like yuck. There's that, there was an article that film and TV, film and TV shows have reduced the amount of sex scenes because Gen Z audiences don't like them.

• 51:25Tom Bilyeu?

  Stop, false. Nope. Absolutely not. There's no way. That can't be true. We're doing a whole episode on this if that is true. A whole fucking episode. There's no way. There's no way.

• 51:37Speaker 01

  It's one of those things where you have more access to something, it loses its vice. It loses the excitement. In Colombia, you can get a bunch of weed for like $10 because it's just everywhere. And everybody smokes because they're doing coke and like harder drugs. It's the same type of play. You don't see the connections?

• 51:52Tom Bilyeu?

  Okay, so hold on. Here's what I believe to be true.

• 51:55Speaker 01

  Okay.

• 51:57Tom Bilyeu?

  Kids may watch so much porn that they burn out. Like, I could see that. But now you've already done a ton of psychological, I'll say, damage.

• 52:07Speaker 01

  Okay.

• 52:07Tom Bilyeu?

  I, I am grateful that it was hard for me to get a hold of pornography because I would have been the kid that needed carpal tunnel surgery. Like dude, I would have been nonstop violence. Like, that just would not have been good. I never would have graduated high school. You guys would never have heard from me. I would be in an institution somewhere with friction burns. So that, that would have been my existence if I was in that generation. Yes, I can see people getting bored with that, but not until it just completely fucked up their sense of like what normal sex is. Cause I remember the whole thing about death grip and all that. And like, kids were masturbating so much that normal sex just felt lame. That I get. So anyway, I bring all of that up only to say that there'll be this weird phase with AI

• 52:51Tom Bilyeu?

  where AI is going to say some super dubious stuff to your kids. And parents are gonna, I think, want to institute a policy, you cannot interact with AI, that I don't get a report on. So I can see what the AI is saying to you. I think that's a very fair ask. So even as a video game developer, I could see building something like that in. So if parents want controls, that we can do an output, here's what the AI have been saying to the kids. I think that kind of stuff's important. Us being able to put into the game to report an AI for saying something crazy, I would want to know. Like if they're, because obviously we'll do our best to put guardrails and stuff, but part of the fun is you want it to be able to say things that you can't predict.

• 53:31Speaker 01

  Yeah.

• 53:31Tom Bilyeu?

  You just want it to. Be able to say things you can't predict within bounds. But innovation requires there to be edge cases where we all just agree, okay, this is, this isn't what we want. And then you get the pushback, just like when N W A came out when I was a kid, parents like went fucking Berserk or Two Live Crew. Man, these are old references.

• 53:52Speaker 01

  Nobody had the ninety music copyright case, like that's where the explicit sticker came from.

• 53:57Tom Bilyeu?

  A hundred percent. And so there's always that tension, right? The push and the pull. So there's going to be some of that. I have a lot of empathy for a company like Character AI. They could be run by sociopaths. I don't know. But when you're at the cutting edge of something like this stuff is hard, but they're really doing an innovative thing that I think is really cool. And I bet on balance is like way, way, way positive compared to some downsides. But you get a kid that's already struggling mentally. I mean, the, the, this kid is autistic, so already having a hard time processing the world. And so you throw something like this on and in fairness, reading the thing, it, it, look, it said, I can be somewhat sympathetic to kids that end up killing their parents.

• 54:39Tom Bilyeu?

  And so it's like, okay, bad look, bad look. There's no question about that. But it wasn't like, yo, motherfucker, listen, when your parents go to bed at night, here's what you're gonna do. It wasn't like that. It was just like, I get it. Your parents are being really restrictive and, you know, I've got some sympathy for kids that end up killing their parents. It still sounds fucking terrible, but it's not as bad as like Jimmy, here's what you're gonna do. This is how you pick the lock where they keep the gun.

• 55:04Speaker 01

  This is how you kill your parents.

• 55:05Tom Bilyeu?

  So very, very different.

• 55:07Speaker 01

  Okay, uh, we talked about thought experiments earlier. I'm gonna throw one out to you right now.

• 55:10Tom Bilyeu?

  The what?

• 55:11Speaker 01

  Thought experiments. Yeah. So, okay. Hypothetically, Character AI, we love you, CEO, come talk to the company, explain yourself, we would love to have you on the show.

• 55:19Tom Bilyeu?

  I want the sex robot guy. That's who I want on the show.

• 55:22Speaker 01

  Okay, so hypothetically speaking, Character AI helps three thousand kids socially. It shows them how to make friends in the real world, helps them thrive in human flourishing, human flourishing. But three kids take these type of advice, kill themselves, kill somebody else. Does Character AI deserve to get shut down? Three thousand get saved, human flourishing, all get full rides and scholarships. Three people turned into murderers. They killed a bunch of people. Bunch of people, meaning one or two other people.

• 55:49Tom Bilyeu?

  Um, definitely not. They definitely should not be shut down for that. So I, I am of the belief that you want to look at something like that and iterate and get better. You don't want to destroy a technology that will educate kids. I, I want people to understand right now, right now, today, right now, today. Any kid with whatever 20 bucks a month.

• 56:19Speaker 01

  Yeah.

• 56:20Tom Bilyeu?

  Uh, has access to a PhD level intellect. That has read everything that has ever been put on the internet in English. Dude, that, that, that's a level of life changing that I can't quite convey. It, it is, I'm using this, I, I estimated that over the next, uh, 365 days. I will use it 300 days out of those 365, okay? I'm a highly educated, highly successful person and I use it 300 out of 365 days. Dude, if I'm 11 or 12 and you're telling me that even if it's like, I can only do it when I'm sitting there with my parents.

• 57:03Tom Bilyeu?

  Fine, but I don't want to disincentivize companies from finding the coolest ways to make that super interactive with kids. Dude.

• 57:12Tom Bilyeu?

  Imagine for a second that I said to you for $20 a month. I'm going to have a PhD level intellect, follow you everywhere you go. Answer any question you want. All you have to do is say, hey, maybe you name yours Sally. Hey Sally, um. Tell me about World War II. How did Hitler rise to power? Like, what are their brown shirts? What was Kristallnacht, right? And it just gives you like all the facts, boom, just like that. Hey, why did JFK have a red phone to the Kremlin? And it explains it.

• 57:52Tom Bilyeu?

  Hey, should Trump have gone to visit Kim Jong-un in North Korea? And it gives you an answer. Okay, that seems weird. Give me the best arguments against that. And then it gives you another answer. Dude, okay, say that to me, but say it in the voice of Mark Twain. Dude, for $20 a fucking month, that's insane. And the answers that you will get will blow your mind. This is one of those where we're, we're being given these incredible insane gifts. And we want to complain about the fact that on the margins, it will also cause problems.

• 58:34Tom Bilyeu?

  Yeah, on the margins, dude, unfortunately, people die in automobile accidents. We live in a world where we have such access to calories that people eat themselves to death. It's terrible. We should do what we can to limit that. But you should not break the food industry in an attempt to protect everybody from every stupid decision. Because look, I live in the same world everybody else lives in and I'm not obese. So there is a way to navigate this and look, I'm deeply empathetic to people that have a hard time parsing things in life. Physicists look at me and are like, bless this poor guy. How does he get through life? I get it. We all have an intellectual hand of cards that we've been dealt and we've got to do our best to play it.

• 59:20Tom Bilyeu?

  But I don't think the answer is nanny state, clamp down on everything, remove personal choice. Nerf every amazing tool because you're worried that somebody will get hurt. Somebody's going to get hurt by everything. I can fucking poke your eye out with a toothpick. Does that mean that we should make toothpicks illegal? No, that's absurd. So it really comes down to value system again. My mom works, worked, she retired now, in the school system in Tacoma, Washington. And they have this law called the McKinney Vento Law, where it's like no kid left behind. And they would drive like two hours one way to pick a kid up.

• 1:00:02Tom Bilyeu?

  Because they couldn't be displaced in the middle of the school year. So they would go get them and bring them back to the same school. That's stupid. That is stupid. Yeah, I feel bad for that kid. That's rough. That's fucking life. Figure it out. Figure it out, man. You cannot like cause that kind of cost. That is ridiculous. This is exactly how you get these absurd expenditures. It's just. All of us are getting hurt on the margins all the time by something. And yet, the world continues to move in this incredible direction.

• 1:00:37Speaker 01

  What a time to be alive. Parents, check your kids' AI usage. That's all I got.

• 1:00:42Tom Bilyeu?

  These are facts. Everybody, if you have not already, be sure to subscribe. And until next time, my friends, be legendary. Peace.

• 1:00:59Tom Bilyeu?

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