0:01

Scott. What's. The worst

0:03

piece of tech depreciation you have

0:05

ever personally experienced. Oh. My. God.

0:08

Great. Question. Like

0:10

you bought a Nintendo game cube for one hundred

0:13

ninety nine dollars. but by the time you went

0:15

to sell it at the game stop at the

0:17

mall, the guy would only give you seventy five

0:19

dollars and store credit. I feel like a game

0:21

Consoles oddly. Retain. Value

0:24

Not a game stop. They don't have a

0:26

cane Saturday. I'll bet with that. If you

0:28

keep it either you keep. I'm pro and

0:30

anti hold on the hold on. Ah

0:32

I may think. Biggest.

0:34

Piece of tech depreciation. And.

0:38

He really should a key that question to me before

0:40

us. I had an answer to this because I don't

0:42

get a picnic. Definitely think of when. I

0:45

had it. Easy on your toes my man

0:47

you'd think like a laptops just because like

0:49

the yet they have reached. Such.

0:52

A pinnacle of pricing I can number. There

0:54

was that whole period where like laptops are

0:56

super expensive and then laptops became like free

0:58

like paper and then are not paper but

1:00

like you know I mean like they got

1:02

really cheap like you're buying the graduate to

1:04

Op's for like i thousand dollars or less

1:06

and now they're back to the thing where

1:08

it's like I'm I get a new laptop

1:10

and I go to the Apple store and

1:12

I like look at any price I would

1:14

add one. it's like fifty four hundred dollars

1:16

and I'm like what the hell happened. And.

1:19

Then they'd appreciate, and you'll sell it

1:21

for half the and within like two

1:23

years, you're at half that. Like within

1:25

for five years, they're essentially not usable.

1:27

like you and I both had Intel

1:30

based Mack books the previous Macbook pros,

1:32

and like, I didn't really want to

1:34

sell that thing because it's. The.

1:36

Know it's such a problematic piece of technology,

1:38

like it just overheats in it and with

1:40

spasms out. and it's just not great. So

1:42

it's like I wouldn't like. I've had friends

1:44

be like, should I buy this. It's a

1:46

really good deal on Mike. Absolutely not. I

1:49

wouldn't Yeah, I took a real should kick

1:51

in on their computer to Yep. But luckily

1:53

for both of us, the Cheyenne Supercomputer has

1:55

both of us beat. Built

1:58

and twenty sixteen and. Use for years

2:01

to run like climate prediction models

2:03

and weather forecasting. Some what was

2:05

made up of eight thousand Intel

2:07

Xeon, he five to six, nine,

2:09

seven V for processors cost an

2:11

estimated twenty five million dollars to

2:13

build and recently sold at auction

2:15

off parts. For. About

2:17

four hundred thousand dollars last.

2:21

Checked. Appreciate his real and it is coming

2:23

for are super computers and five wanna talk

2:25

about it? The that the

2:28

thousand and three hundred and thirteen

2:30

terabytes of D R for twenty

2:32

four hundred ram is like pretty

2:34

impressive the like could you imagine.

2:37

If you are like a cyber security firm,

2:40

you could buy this for half a million

2:42

dollars. Granted, it probably costs as a million

2:44

dollars and energy per year there to run.

2:46

it's given the amount of ships that are

2:48

in. it's. But you did! You

2:50

can set of the world's most amazing

2:52

password cracking service. Like. You

2:55

just throw a house in any way to

2:57

three hundred and terabyte sixty. Imagine the size

2:59

of dictionary the you can old an immediate

3:01

access ram. You. Just use

3:03

given away good ideas here. Are you right

3:05

now Mad love this. I love the idea

3:07

of imagine there's a software, the service you

3:09

know run out of some country, the doesn't

3:11

have a little laws about the stasis are

3:13

you dislike throat cancer? file into it or

3:15

a hack database and as be like crack

3:17

these codes his assault hit go in like

3:19

two minutes later you have like. Fourteen.

3:22

Thousand results. Are

3:24

having computations per second The same was

3:26

capable of. Speaking of software as a

3:29

service and cyber for cybercriminals different parts

3:31

of the world. On this chatty chat

3:33

episode of fact, we're talking about the

3:35

Science Supercomputer roster, talking about Lock Bit

3:37

and the true identity it's creator behind

3:39

the six five hundred million dollar for

3:41

hims briefs having been revealed. We gotta

3:43

talk about that. I also want to

3:45

talk with the fact you're finally gonna

3:47

get your money back Scott Summers, because

3:50

Stx is returning What they say, Ninety

3:52

percent of people's money. I think the

3:54

icy returning. A hundred and. Thirteen.

3:56

Percent of people's money to Ninety percent of the people.

3:58

I think it's what I read. That sounds more

4:00

accurate. Weird calculation where you're getting be getting

4:03

more box and you lost given gains and

4:05

but that's only Anthony to ninety percent of

4:07

the creditors which I'm not sure why that

4:09

is by them so there's a perfectly good

4:12

reason for it. He out in the intervening

4:14

years the value of those essence would have

4:16

gone up and that is not what they're

4:18

paying back is very interesting. We got a

4:20

lot to cover in this one. A massive

4:23

rap battle turns into a story about a

4:25

I and word is out. A

4:27

I gadgets like rabbit and to maintain

4:29

our. Yes, No, I'm reading

4:32

this right. Not very good. Got a

4:34

lot to talk about. All that more

4:36

specific Saudi episode of fact. Slocum

4:56

Andrew Wiggins I'm bringing manic

4:59

newscaster and this is my

5:01

new personality and broadcast is

5:03

like news piecing. But.

5:05

With none of the professor says i love

5:07

it I love it I don't think as

5:10

I never had any professionalism setting we'll balances

5:12

and a perfectly. So

5:14

know that I'm increasing at see much

5:16

more dramatic storytelling and now it's just

5:18

like sky frantically running down the road

5:20

shouting about cyber consistent spread out of

5:23

all you gotta grow you know I

5:25

think the first thing we should do

5:27

is given the responses to the last

5:29

have said I'll accept a sad yeah

5:31

I think. We. Just gotta give

5:33

a plug Gallon hat Holland had.com as you've

5:35

got cool stories the you. Wanna.

5:38

Throw at us that we might make

5:40

into a pod. gas fired up all

5:42

an actor com. Yeah. Those are

5:45

incredibly fun to make and since we drop

5:47

that's as he says. we dropped the first

5:49

one more people realized it's a real thing.

5:51

We will talk about the stuff and so

5:53

they submitted more stories in. the stories are

5:55

just getting more and more interesting. The backlog

5:57

of great stuff we have to talk about

5:59

A Toxic I'm looking at you like he

6:01

keeps getting bigger and bigger is very exciting

6:03

and it's a lot of fun to talk

6:05

about the story. So keep it up Paul

6:07

and hacked.com. To. Do do do

6:09

next find adding in an obvious

6:11

ones. Given our great sponsored south

6:13

of I was supplied our source

6:15

of start. I had forecast that

6:17

com. We recently added a crew

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neck and our children shirt as

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to requests from the patrons. so

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and if you don't whatever. check it out. Start

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out at Podcast. I can't I be some. they

6:30

are you on a gap there. Check it out.

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Get a visor he didn't enamel mud does good

6:34

stuff and then you can Now get a crew

6:36

next winter. I'm gonna hit

6:38

right attending church Jordan and I are both

6:41

can get. Yes I am very center for

6:43

them. Next step

6:45

I think. He. Has given those

6:47

requests from the patrons. We should give a

6:49

little Sarah to our patrons. You know if

6:51

you wanna join or patron we'd love it

6:53

but you know have to. But if you

6:55

do with love it's ah, podcast or com

6:57

redirect her A Patriots. Was

7:00

that a bunch of new patrons? The

7:02

sister. Wanted to

7:04

skip a really big shoutout to or

7:06

new when one of our new patients

7:08

smokey Only thank you so much leaving

7:10

me with another guy patron. Ask if

7:12

the caters if a caterer him for

7:14

cater, pontificate or. Maybe.

7:17

Hard to say Speedo. Who could say

7:19

noise city so much for support noise

7:22

totally And Andrew Naylor means a lot

7:24

at Walk Sarah St. you tell for

7:26

tell for the go for of it's

7:29

rude day for it You through day

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7:33

Bauer great Love you both.mark Stevenson motley

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coffee snob. You and me both my

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friend you and me both is actually

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just you. He become a patron. Of

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us might also says Michael and

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Tallow the you so much knocks

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thank you so much as same

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Blair and Settle say he both

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each other they you near. Junior.

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Police they can cheat and the

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it says that can send Lizzie

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and cooled. Thank you all so

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much And last but certainly not

8:13

least Paul Aciduria and think so

8:16

as they so much meat in

8:18

all means the world to us.

8:20

It really genuinely does series and

8:22

we we keep making this show

8:24

because people keep listening to, keep

8:26

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8:28

support. It means a lot to

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Gone Hacked, Baucus. Dot com readers for

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a patron we we got the mertz we

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get the that we got all the different

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tell someone about the show like subscribe leave

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a comment whenever you can do it means

8:45

the world of get into a man restless,

8:47

get into some stories and he me and

8:49

well we're just talking about and sings easiest

8:51

for the show I think the I went

8:53

and your reviews other day says some pretty

8:55

interesting ones. Some

8:57

very off base ones I people that

8:59

no Context is complaining about. The sell

9:01

button is a bunch. Of really amazing ones

9:04

and I were Ferguson the a major ones. I

9:06

think that's ah if you have time bid love

9:08

it as he didn't give us a review on

9:10

one of the mean as men podcast hours and

9:12

be great for us. So appreciate that the has

9:15

a huge impact, helps the show a lot. One

9:18

keep going. every one of be able to. Spend.

9:21

Time responding to your calls and bullshit

9:23

about weird tech stories but also doing

9:25

more in depth stuff and interviewing people

9:27

and is taking it as far as

9:29

we can sum. total little bit counts

9:31

somewhere during the winter we want to

9:34

Starts: I I kind of the or

9:36

a question like your final tidbit their

9:38

about the humane pain in the rabbits

9:40

eyes, gray places sorry. Yeah,

9:43

I mean I don't really have a ton

9:45

prepared about that. That was more of just

9:47

sort of I drive. I saw that bar

9:49

type situation on how to stray of like

9:51

house the internet is just following Marquez Brownlee

9:53

as he assassinate. Companies are not being very

9:55

good at which is really an influencer taken

9:57

down a bad company. it's a bad company.

10:00

Revealed as such we did not see

10:02

their does about companies just at first

10:04

generation ai products. I have a very

10:06

weird question answer which is why aren't

10:08

they just apps on my phone while

10:10

turns of they are axes is apps

10:12

on your phone isn't of his if

10:14

he's another rabbit it came out that

10:16

is literally just in a Pk install

10:18

on an embedded Android device which you

10:20

know in reality like turn and I

10:22

had this conversation off line when this

10:25

have really slow think it makes total

10:27

sense like in own getting a small.

10:30

Piece. Of hardware built that runs and embedded

10:32

version of Android that comes with the

10:34

development environment and you know all of

10:36

the infrastructure that comes along with being

10:38

an Android device. It's like he would

10:40

be hard pressed to want to build

10:42

a device. Now that's not based off

10:44

of something like an Android O S

10:46

because desert which is comes a semester

10:48

for free. Like why wouldn't you do

10:50

it So it's no surprise to me,

10:52

but. They literally could just

10:55

be apps and your phone. And

10:57

but the interesting thing to me as you

10:59

know you talk about all that utility that's

11:02

just rebuilt and Android that would you start

11:04

from scratch. The thing I find fascinating about

11:06

think it's specifically the rabbit is that. By.

11:10

Building this sort of large I think

11:12

the called the large action mode on

11:14

it's essentially meant to be laws. And

11:16

a I modeled as capable of interacting

11:18

with web sites on your behalf is

11:20

that by. Mediating. Guitar Computing

11:23

Spirits of Ruse out model through

11:25

that voice. Chance diversity ridden. Removed.

11:28

A bunch of the stuff that Android can

11:30

do built in Android knows your Gps location.

11:32

It can figure out what time it is,

11:34

where you are considering how far away you

11:37

are from something. Based on that's and this

11:39

this lamb. Ah, interface of

11:41

they've cooked Ups doesn't seem to be capable

11:43

of interact with any of that stuff on

11:45

the Android back and to you you are

11:47

using a device that knows where you are

11:49

but will not tell you where you are

11:51

the knows what time it is, where you

11:53

are but may not get that. Very

11:56

basic utility. correct? It's this weird

11:58

friends this state where like, We

12:00

we know that being able to talk to

12:03

these assistance and have them do more of

12:05

your computing for you is probably where. This.

12:08

A I think goes is the computer getting

12:10

better at talking back to you up for

12:12

we can get to that. We have to

12:14

remove a bunch of the utility that's their

12:16

and cutbacks. For

12:18

that, the humane thing is the one

12:20

that has a weird little projector eight

12:22

hustling a projects and your and yeah,

12:25

right, yeah, yeah. six. I

12:27

don't like neither of these products I

12:30

saw them really spoke to me at

12:32

all like I'm the guy who doesn't

12:34

like smart watches. I don't want more

12:36

notifications. Allies had a want an Ai

12:38

assessing click to my thing that that

12:40

that projects and my hand basic pixelated

12:42

data like I have a phone. I'm

12:45

happy with my handheld super computer Network

12:47

connected Super computer. So

12:49

as I am not the murder for these

12:51

by think that they've been an interesting run

12:54

in industrial design like I think there's a

12:56

really oh heck yeah interesting the cool look

12:58

at Element of like what could some of

13:00

these things look like in our teenage engineering

13:02

and know did rather right. And it's like

13:05

in a can a group said I've been

13:07

aware of and followed for a long time

13:09

and they're kind of like dipping into this

13:11

new tech world Now the gone from synthesizers

13:14

sir to a I assistance and it's I

13:16

think is going to be a really cool

13:18

excise for for industrial. Designers to look

13:20

at, how to make these things more

13:22

usable and make them more functional So

13:25

centers that positive coming out of it?

13:27

Hundred percent. The rabbit is cool. I'm

13:30

not sure that. It it.

13:32

Seems to have a lot of basically

13:34

you i you x type problems. It

13:36

has a touchscreen can't touch you gotta

13:38

use the little scroll wheel type thing

13:40

and it is on the right hand

13:42

side of the device so you're left

13:44

handed. You can kick rocks but it's

13:46

a cool looking device. Teenage engineering is

13:48

greeted industrial design. The humane pin is

13:50

like of fortress little device. the clip

13:52

on magnet on the back that holds

13:54

that and place. It's all very cool

13:56

but the problem is both of them.

13:59

Are. They need to tell this story

14:01

about have out there what comes after the

14:03

souls because otherwise you can't raise the amount

14:05

of capital necessary to get a product like

14:08

this off the ground. Which means if you

14:10

make it an accessory for the phone that

14:12

the the whole thing falls apart. Which sucks

14:14

because these things want to be phone accessories.

14:16

As if the humane ai Tim was just

14:18

a camera and microphone and a projector the

14:20

connected to your phone. All the processing still

14:23

happened on your phone the you just had

14:25

this little thing you could tap in, interact

14:27

with. Honestly would work pretty well.

14:29

but but like aka contrast it with

14:31

why would they just get a pair

14:33

Smart glasses at that point. Likes those

14:35

things are making large strides. Windy and

14:37

Leno's from Google Glass like I read.

14:40

I read an article the other day

14:42

that was Google glasses and it's time

14:44

and I agree with it. like now.

14:46

We're. In that world where it's like I wanna

14:49

be looking at something, I want my phone to

14:51

know what I'm looking at, I want to be

14:53

on the ask a question about what I'm looking

14:55

at and my phone to tell me the answer.

14:58

Whether. It's is a are and the

15:00

glass or whether it's speaking in in

15:02

my ear like those are the. That's

15:05

a little bridge that I think

15:07

for crossing to making these things

15:09

truly connected functional devices. I

15:11

have some experience. What? Kind of car

15:13

is that. And it's like that said,

15:16

nineteen Seventy three Lotus Bomb. I got

15:18

cool. Thanks. Needs

15:20

their cool. That's great.

15:22

I am not going to steal this idea

15:24

presented as my own. It was the verge

15:26

I think to cook this idea, but it

15:28

it's that. It's starting to feel like. Ear.

15:31

Buds might be the ultimate Ai device

15:33

is what that is a device. the

15:35

let's you interact with your phone just

15:38

by talking. Let's. You receive information

15:40

just by listening but without everyone else

15:42

having here. It is playing over speakers

15:44

on, but it still relegates all of

15:46

the processing of the computation to the

15:48

device that is extremely mature and capable

15:51

of running these models as well as

15:53

a standalone device would like to me

15:55

that of your pods, a pair of

15:57

sunglasses things that are already part of.

16:00

Your life that you carry around for

16:02

another reason already. Make.

16:04

Way more sense to me than like what

16:06

if you had Another thing is basically a

16:08

phone but it isn't your phone but that

16:10

runs a phone up the could run on

16:13

your phone, struggle to see the sales pitch

16:15

except for we had cheated engineering do the

16:17

Id and it's very fun looking. Totally. Totally.

16:20

Etti I think there's gonna be. A

16:23

I think we're another incremental evolution says

16:25

or a fantasy going to step out

16:27

as yeah models get better. Our interactions

16:29

with them will get better. I think

16:31

that that's gonna be an exciting development

16:33

for for mankind. Com I don't. I'm

16:35

not sure if you followed him, but

16:38

Apple had their quarterly financial results here

16:40

today. Big big news. If you're in

16:42

finance as big of you not, they

16:44

did their i've Had events which is

16:46

probably much more consumers. I'd buy one

16:48

of the big things that came out

16:50

of their quarterly results in there are

16:52

other. An investor phone call was at

16:54

their spending a ton of time and

16:56

money on a I. And

16:59

on like creating an Apple

17:01

ecosystem, integrating it within their

17:03

devices which is gonna be

17:05

probably. A huge Saints does

17:07

given how much market share the

17:09

devices whole be at their their

17:11

computers I pods I phones. now.

17:13

maybe we're all the vision prose

17:15

as that's kind of had a

17:17

lukewarm response, but I think that

17:20

but having some the and a

17:22

group that's as good with interaction

17:24

as Apple is taking this on

17:26

is gonna be a big game

17:28

changer. Dub dub as go the

17:30

real Fasting monsieur. Rediscovery Fast Me

17:32

for our A eyes can be fascinating for

17:34

justifying why they sell of three thousand dollar

17:36

I pad is essentially a Mac Book but

17:38

is running a phone operating system like this

17:41

is a lot of questions. Any dancer and

17:43

I say this as a person like I'm.

17:45

Recording. This on an Apple device right

17:47

now and of their stuff, but there's I'm

17:49

very curious for dub dub this year. I

17:51

think that's going to have a. Of.

17:54

That should have a bigger impact on I'm

17:56

on their share price than a new I

17:59

Pad Hardware sonos. The of in the

18:01

I'm months and like week. Take a

18:03

little digression here in a Consumer Electronics

18:05

for like the new I'd have to

18:07

the I pad pro with and for

18:09

chip the can even get an A

18:12

laptop battery. care what the prices but

18:14

here's the thing that bothers me is

18:16

like where the accessory Thunderbolt port. Because.

18:19

You've essentially made me a computer

18:21

like it comes with a metal

18:23

touchpad keyboard the you can buy

18:25

as an accessory to make it

18:27

into a functional laptop and I

18:29

O S is just a skin

18:31

on like essentially a similar core

18:33

Unix infrastructure as Oh, Effects. So

18:35

why can't I toggle between. Laptop.

18:38

Mode and tablet mode depending on what I'm

18:40

doing like you have the ability to do

18:42

this and I'm blown away the you can't

18:44

you can't I'm shocked by us are things

18:46

that I mean the reason. The the

18:49

previously obvious reason why that was the

18:51

case has been complicated recently by antitrust

18:53

cases in Europe and the reason to

18:55

keep that silo does because the only

18:58

software you could install on the I

19:00

pad with software the you downloaded through

19:02

the app store and that offers a

19:04

great deal of control, economic and ecosystem

19:07

to Apple about what does run on

19:09

those devices as it's great for them.

19:11

If everyone shifted over to buying those

19:13

for Mac long term it would be

19:15

probably pretty good for Apple. The problem

19:18

is that. Control the start instead

19:20

eroded. We. Have laws and shine

19:22

Jurisdiction say you have to be able to

19:24

run other apps, Are you have to be

19:26

able to install your own stuff And increasingly

19:28

the question of like, well, why not than

19:31

just let me run Mac O S on

19:33

this thing. It's literally the new one is

19:35

more powerful than my Max better processor And

19:37

at lights just let me run Mac O

19:40

S on this. I could. Do.

19:42

My job on something like this. I would pick

19:44

it up in a heartbeat over. Mac Book is

19:46

it's a Mac book that comes apart turns into

19:48

an I pad. How cool is that? But until

19:50

I can do that it it's It's kind of

19:53

just a non starter for me. I know the

19:55

best thing in Classic Apple Fasten Gina whose proved

19:57

the business case for this device. Makers.

20:00

The. Microsoft serve in the service Tablets has been

20:02

out for ever and people have totally adopted it

20:05

and people love this services. I think our services

20:07

are great. You get the tablet and you also

20:09

get a lot on. The

20:11

wind when the Sun Elsa came out I was

20:13

like oh my god this is gonna be great

20:15

Lithgow Great these devices are. They've got adoptable keyboard

20:18

that has a touchpad which is a huge thing

20:20

for me. Like the second they put the touchpad

20:22

on the keyboards has like they made a laptop.

20:25

Jackets now no longer a only device and

20:27

and I was like I was trying to

20:29

dig up photos in the early moments of

20:31

the announcement to see the keyboard because I

20:33

expected there to be us be ports on

20:35

it. And there's only one

20:38

which has charging pass through and I

20:40

was like you've gotta be kidding me

20:42

says made essentially a three thousand dollar

20:44

laptop. That. Is also a

20:46

tablet that has no, it's like extensibility really

20:48

without a ton of dongles are playing in

20:50

a dark to it and I was like

20:53

that's crazy It's crazy to me is good

20:55

people but it's crazy. It's. It's.

20:57

A gorgeous piece of hardware. It is

20:59

decision of the tiny math book with

21:01

one us be port with Johnny I

21:04

sat back to life again tears to

21:06

see where it goes but. The.

21:08

Only way I'd be able to afford it

21:10

is if I get my Stx more decide

21:13

which transitions us nice for him, to the

21:15

story or the continuing saga of Ft acts.

21:17

I think we take it over there now.

21:19

for anyone that doesn't know. Who.

21:22

The odd but Fdx was the third

21:24

largest crypto currency change in the world

21:26

when it file for bankruptcy protection. In

21:28

it was twenty twenty two November after

21:31

experienced of basically the equivalent of a

21:33

bank run. Out. Following. Some

21:37

news about it: Ceos car found her

21:39

sandbag been freed, he resigns when exceeds

21:41

collapsed and marshy. Sentenced to twenty five

21:43

year prison term for the massive fraud

21:45

that occurred of the company. Whole thing

21:47

fell apart a became a public symbol

21:49

of the girls Clubs of crypto currency

21:52

in in breed in that industry and

21:54

was recently announced that nearly all former

21:56

customers of Fdx will recover are almost

21:58

one hundred percent or more their loss

22:00

funds from the collapse of the Exchange.

22:03

With. Screen is fantastic news. It's good.

22:05

I, for as much as we,

22:07

we sometimes dunk on elements of

22:09

the crypto currency ecosystem. A It's

22:11

never good when. You know,

22:14

Investors. Get their shit stolen and

22:16

it's always good when they get

22:18

their shit back. So I'm I'm

22:20

very happy to hear about this

22:23

in Mass. I haven't done the

22:25

reviewers dragon another alternative. Pecans still

22:27

can pending but as going, infinite.

22:30

Michael Lewis's But when in the

22:32

last half years that really agitated.

22:35

The shit out of me truthfully as he kind

22:37

of makes this case that like. There

22:40

were there like even though

22:42

Sandbank when fried was spending

22:44

clients' money is taking money

22:46

out of people's accounts and

22:49

essentially investing in and other

22:51

things which is wildly unethical

22:53

and it deserving of a.

22:56

Massive. Just press like

22:58

prison sense. That like

23:00

the money's kind of air in like

23:02

made up tokens that these manipulated the

23:04

method value of and like investments and

23:06

at a company is a gal them

23:08

and five hundred million dollars and Anthropic

23:10

Sunny I company sandbag when Frieden said

23:12

seated. Anyway, As

23:15

whole chapter where he can he goes on

23:17

about like or you know it's did he

23:20

really commit be crime to people's money could

23:22

still be there in these tokens of these

23:24

made and and all these investments and stuff

23:27

and it's ugly. Still committed the crime because

23:29

he never had those that money to invest

23:31

in the first place. Ah yes ah I'm

23:33

just very glad that. People.

23:36

Are getting get some other stuff back. Like

23:38

as much as I don't love Crypto was,

23:40

you might have heard. Was

23:42

as high as I don't know. I don't

23:44

like financial fraud way more and I'm happy

23:47

that like be ever had big chunks of

23:49

money tied up in this company or in

23:51

the see some of it. Yeah, is that

23:53

arguments? That. I'm.

23:56

Lying to people as okay if it happens

23:58

to all work out his i don't. Personally,

24:00

I. Believe. That

24:02

I think that the you service relying on

24:05

like at that point Yes, it's looking like

24:07

that total assets are going to be returned

24:09

or somewhere between forty and haven't sixty and

24:11

a half billion dollars. And as you said,

24:14

it's. Where they get this money

24:16

is a very fascinating question since and

24:18

F T's to the rescue. Apparently they're

24:20

still lot of value in the company

24:22

are tied up in some of and

24:24

the crypto other crypto assets are wind

24:26

outcasts proceeds, they're just they're selling it

24:28

all off on the plane. Was some

24:30

advice to Delaware Bankruptcy court. The

24:33

C O who is brought to do this.

24:35

a lot of people talked about just scanning

24:37

John Jay race third great name is the

24:40

Ceo in our chief restructuring officer. And

24:43

he expressed this plan to.

24:46

Mean. A return for bankruptcy claim amount plus

24:48

interest for non governmental creditors and me, you

24:50

know Triton's trying to get as much money

24:52

to people back. Not. Including what would

24:55

have been the gross and the assets had

24:57

the money been there in the first place.

24:59

Ah, he was appointed a new Ceo. His

25:01

this long time bankruptcy litigator In his sort

25:03

of claim to fame was he was known

25:05

for having cleaned up the mess after the

25:08

collapse of Enron so it's very asked. If.

25:10

It's fastening that he was the due to

25:12

his brought in by know any I think

25:14

the Anthropic invests in alone. They sold for

25:16

a hundred eighty four million. I think over

25:18

the scan to be like a thirty eight

25:20

forty percent. Return. For.

25:23

Together Vitriolic More Net: Five Hundred

25:25

million Eight Tdd Blake Sixty some

25:27

percent. Speak. Freely

25:29

it. Yeah, I get quotes. We

25:31

are pleased to be in a position

25:33

to propose a chapter eleven planned to

25:35

contemplates the return of one hundred percent

25:37

of bankers be claimed the mouse plus

25:39

interest for non governmental creditors. It's interesting

25:41

situation it's I would have loved. I

25:44

would love to know more about what

25:46

that process was. trying to clean up

25:48

a mess of this scale to try

25:50

and find every single penny that's in

25:52

under every single crutch cushion of every

25:54

single khowst this company has across a

25:56

giant portfolio companies and sub companies. That

25:58

was I think intentionally obvious. It might

26:00

have Aikman free. This was not an easy

26:02

company to understand. We have spent a lot

26:05

of prime time trying to understand it and

26:07

I would love to know. You know what

26:09

that journey to find that money looked like

26:11

but it's great news that it has been

26:14

sound. Furthermore, you like the more I dive

26:16

into the sorry in the more the books

26:18

that I've read like number got busy Fox

26:20

Highly recommended. Hopefully we'll see I'm on the

26:22

pods and I'm great. Great back. I go

26:25

through in detail a lot of the like

26:27

the little pieces of in the aftermath is

26:29

about just. The chaos that was last

26:31

because. They were

26:34

apparently. Worse said accounting

26:36

than they were ads not committing

26:38

fraud. To. See

26:41

her. There's very poor accounting records

26:43

and worst at accounting them not

26:45

committing for of asks as as

26:47

his hand like that. this is

26:49

a mess like even the me

26:51

other words and ran the company

26:54

didn't even know where the money

26:56

was in what they held assets

26:58

and investments in. There is no.

27:01

No organization to as and I can

27:03

only imagine how much of a nightmare

27:06

the suspense of this group whose is.

27:08

The. Fact that the fact that they

27:11

sound enough to get people back there

27:13

are additional investments and a bit more

27:15

is amazing. Isn't happy? Happy to hear?

27:17

happy to hear what's not follow a

27:20

fifteen billion dollar efficient, not a crime

27:22

spree, but look what, sixteen billion dollars

27:24

in damage. But it's probably worth talking

27:26

about. A little character called Lock Bits

27:28

Up in a five hundred million or

27:31

hacking spree and a recent discovery. Tell

27:33

me about this is every most pivot

27:35

to school versus a little bit so

27:38

forth. and there's a search on the

27:40

internet com Lock Bit Some he was

27:42

the are socially the a operator behind

27:44

the lock bit ran somewhere group of

27:46

autism rates more as a service five

27:48

hundred million dollar hacking spree. A

27:51

big character in the ransom, whereas

27:53

a service ecosystem. To

27:55

recently law enforcement in the Us, Uk,

27:57

and Australia have identified Russian national. Me:

28:00

treat your your chest koresh as as

28:02

he alleges operator behind the group they

28:05

figured out who block gets up. His.

28:08

It's a fascinating story is a

28:10

task force named Operation Kronos led

28:12

by you please National Crime in

28:15

a agency that operated and infiltrated

28:17

lock Bit systems smear, bunch of

28:19

arrest seats, sea servers disrupted the

28:21

group's activities. I'm a single over

28:23

this is is is it aside,

28:25

the law enforcement. Names. For

28:28

all of this are always like that.

28:30

They're always like Operation Kronos, the Romulus

28:32

initiatives, stack and exciting Project Titan, and

28:34

then the gang they're taking down as

28:36

I was like the bleep bloop Moyes

28:38

is never notice unless it's always good

28:40

slaves there is to the the hackers

28:42

always have a very funny names and

28:45

in the task force to take them

28:47

down always sounds like it's like a

28:49

Zack Snyder movie. It rules. I love

28:51

it. Every citizen citizen you know it's

28:53

not funny. Now is what their damage

28:55

from this group is like. In

28:57

the billions of catastrophic it's really bad

29:00

has traffic is through their my advice.

29:02

Ah so yep and did it. It's

29:04

into allegedly the guy behind it. Course

29:07

as thirty one years old, sanctioned by

29:09

the Us you can Australia's he says

29:11

us in diamond with twenty six counts

29:14

including conspiracy to commit fraud, extortion, and

29:16

hacking with potential penalties totaling hundred and

29:18

eighty five years in prison Is that.

29:21

He's. A fascinating character. The group target

29:23

in a bunch different entities: Boeing, Royal

29:25

Mail, They often published stolen

29:27

data if France and name ransoms weren't

29:30

payment compared. yeah the been operating missing

29:32

since twenty nine teen on the license

29:34

malware to affiliates who then carried out

29:36

the attacks with lot that retaining about

29:38

twenty percent of the profits of is

29:40

the made some some real banks doing

29:42

this. So so here

29:44

here's a grape Him A to

29:46

Us Making Bank is a Us

29:49

State Department is giving a Ten

29:51

million dollar reward for any information

29:53

leading to an arrest yell retirement

29:55

plan term things you you and

29:57

I need to find it. In

30:00

the have a Doctor.you series finding

30:02

lock bit subs suggested it to

30:04

it. We're gonna go

30:06

to rest and you'll never hear from us

30:08

again. A you true for the how exactly

30:10

are new True Crime podcast. Honorably

30:13

soon. It's a pretty. It is a

30:15

pretty fascinating story. I'm on the flip

30:17

side of that. It's not the only

30:19

direction that money was being paid like

30:21

but some his also offered bounties like

30:23

essentially offering money for people to train,

30:25

reveal who he is a bug bounties

30:27

for flaws in lock it's code. It's

30:29

really funny that this ransom or as

30:31

a services offered bug bounties system I

30:33

think he made an offer to pay

30:35

anyone to got the locked at logo

30:37

tattooed on them with about twenty people

30:39

participating or like this up as like

30:41

a character, he's not just. Chair,

30:43

the operator of this massive primacy

30:45

Sucky that he's an internet personality.

30:48

There's this longstanding tension between course

30:50

abs private business like demeanor whenever

30:52

he's been operating this and is

30:55

more flamboyant, almost like supervillain he

30:57

persona whenever he's speaking in public.

31:01

He. Is just an interesting interesting and am

31:03

curious to see what's gonna happen now with

31:05

all of this and and if you want

31:07

to find that to tune into her new

31:09

show at the Summit soon. See

31:12

at the lox it ran or group after

31:15

of course of was arrested, announced and of

31:17

as he loved contest. There's a whole thing

31:19

about contests and it's obviously you know trying

31:21

to argue the Dmitri is not mock bit

31:23

south sub and they're offering a thousand dollars

31:26

If anyone to get a hold of Demeter

31:28

course have to see if he's alive and

31:30

well actor. Playing this weird. It

31:33

can a chess game trainer is

31:35

seats seed Maybe information may be

31:37

misinformation. It's unclear but a bunch of

31:40

government should do seem to think that

31:42

locked it's up his core chef and

31:44

were fascinated to see where it all

31:47

goes on our new show or five

31:49

hundred show with the show with and

31:51

show has has I find it for

31:54

says. Hey

31:56

I g be here from the future

31:59

After we were. Courted this Livermore news

32:01

broke the excellent show. Click Here Posted

32:03

an episode with a short interview of

32:05

who they claim is blocked itself. same

32:07

quote the F B I got it

32:09

wrong person. The interview claims he's not

32:12

the guy, law enforcement is gone. He

32:14

claims he's not Koresh as I'm dislike

32:16

the said planes. He's still out there.

32:18

We won't Nevada chance to reach out

32:20

to Click year before this goes live

32:22

to can find out about the reporting

32:25

process by just wanted to include that

32:27

Gus If you got eleven minutes go

32:29

check it out. Okay,

32:31

free plug for a different

32:33

show done back. Back. To

32:36

our episode. South

32:38

as empty as seeing as

32:40

cyber time soon I am

32:42

in Jordan's home and British

32:44

Columbia Canada. There is a

32:46

small very well known regionally

32:48

but very regional operator called

32:51

London Drugs London. Drawing they

32:53

are they are pretty amazing

32:55

shop I gotta say I

32:57

have and still to love

32:59

London Drugs You can buy.

33:01

Pretty. Much anything max air. They have

33:03

a whole Apple store inside of it,

33:06

pretty masks and a huge computer Tv

33:08

section where you can buy a streaming

33:10

devices he can buy like vinyl records

33:12

you can buy new team even gave

33:15

prescription filled he can buy candy this

33:17

in imported from other parts of the

33:19

world. they cannot have. Everything's

33:21

and listen to either get research has

33:23

brought to you via London Dry Assist

33:26

assist this experience and stop He said

33:28

stuff about my love for latendresse others

33:30

as a enough good. seventy million years

33:32

here in the smoothly for the worse

33:34

if let it dry season exists. Who

33:36

had briefly a didn't see it is

33:39

it is risking lizards is an odd

33:41

grocery store. It does. It does what

33:43

it is. It's like of it's. It's.

33:45

A pharmacy, grocery store and also have like

33:47

a photo department and you can buy a

33:50

P Pfizer like assist Us is an interesting

33:52

story. It's a kind of by everything store

33:54

and as know as tools to get those

33:56

two. of us and parcels their the really

33:59

like a memo to know. It's actually A

34:01

and was recently. Attacks are All

34:03

Seventy Nine London Drugs. Stores.

34:06

Across the country were shot for over

34:08

a week, leading customers with a pretty

34:10

tough time axeing prescriptions and other medical

34:12

needs. It's sad Source eclipsed it was

34:15

a sassy thing I went to one

34:17

stood outside staring in transit trying to

34:19

get my. Met. A

34:21

quest to or whenever a piece consumer electronics

34:23

any to to purchase alongside my my old

34:25

milk and I a winless in can get

34:28

inside to the been shut down by ransom

34:30

were attack yes there contingency plan from my

34:32

whether ransom I did they come on say

34:34

was rants more oh i thought it was

34:36

her it's were may not be now I

34:38

am think south stay any release very little

34:40

details or it was that he was a

34:42

breach like a full blown breed says is

34:44

the best. I said that because it is

34:47

a pharmacy the as people's personal information, medical

34:49

records and things like that and. They're

34:51

to dream. Reason was that when

34:53

they realized the breeze they literally

34:55

took the entire store. Seventy nine

34:57

locations offline, locked the doors and

34:59

put signs on thing on the

35:01

front door being like sorry we

35:03

have been the victim of a

35:05

cybercrime and we're really investigating and

35:07

until further notice we're close. So

35:10

they were sent for what it's like, easily

35:13

a week. I don't the exactly what about.

35:15

I think he was around a week at

35:17

an author's a day, seven days Ny as

35:19

but for about a week you couldn't I

35:21

know it. Shy shop in London Drugs was

35:23

closed. Ah. He. Was

35:25

yeah it's a fascinating is dude. there's a

35:27

win at a loss here. It's like on

35:29

one hand I actually think the idea of

35:32

like unplug the stores is is. Probably.

35:34

Kind of a good idea depending on the level of

35:36

the breach. Like to Just literally said we're not running

35:39

out of the sub, we're We're willing to acknowledge something

35:41

very very bad has happened here recently on the stores

35:43

that to me as kind of a when setting the

35:45

amount to which they have communicate about this is a

35:47

little bit more of a loss because if you go

35:49

digging. Around incredibly nice

35:52

cybercrime in Canada communities, the speculation is

35:54

just frantic and I think a lot

35:56

of people to seeing basic news coverage

35:58

about it. Part play, Worried about what

36:01

was or wasn't. Released.

36:04

Acquired. By these hackers. Everyone to think about

36:06

it either. They've come out and said that

36:08

there's been no evidence a customer data was

36:10

taken as in that was their bags. Control.

36:13

Points as they wanted to make sure they're

36:15

like if there was a breach in customer

36:18

information was touched that they didn't acquire more

36:20

customer for Mason like they are Now I'm

36:22

pretty sure that's monetary. Part of the shutdown

36:24

was they literally pulled the plug and said

36:26

let's see how bad this was an and

36:29

then was they had an open so they

36:31

reopened. I was in when the other day.

36:35

They. Are on. The. Or have

36:37

all their systems back online. Service adding

36:39

with than one of the people of

36:41

the tell and they were like our

36:44

still were operating but we're kind of

36:46

not like the rail. lots of their

36:48

data systems were still be removed and

36:50

they were able to advertising so tight.

36:52

They're still doing forensic scientists in front

36:54

of figure out exactly what has happened

36:57

so I can understand a bit of

36:59

their life lock blips. Because.

37:01

I'm still think the price has figure out what had

37:03

happened. Moving. South

37:06

Well. Let's. Both ticket over

37:08

to London drugs. Spend some

37:10

of the money. were about to reading these

37:12

your ads on. Barstools.

37:15

They randomly rise up when you're sitting on them

37:17

even though you haven't pulled the lever and and

37:19

get you stuck underneath the bar in your last

37:22

apartment which are nice underneath the bar but the

37:24

seat still pushing you up. Let's go buy some

37:26

of those has to at the London Drugs and

37:28

and come back to talk. This is. With.

37:34

Get real for a second from for once

37:36

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Where best and where.

45:01

That's. Where.

45:04

To Now following. This

45:06

is very brief. I don't think we

45:08

i want to get to the Cheyenne

45:10

Computer supercomputer before we before we go,

45:12

but I'm not sure if you've been

45:14

following the Earth immersing conflicts between two

45:16

of our great cultural institutions Kendrick Lamar

45:19

and Drake Com, but that story briefly

45:21

touched on a I in copyright two

45:23

things that we really like to talk

45:25

about on the show. When

45:27

Drake really to track whole tailor made

45:30

freestyle that featured in a I generated

45:32

voice mimicking the late rapper Tupac. He

45:35

follow this idea as I did. It was

45:37

has our to ignore or do is hard

45:39

to miss. It was hard to miss Ceci

45:41

with the recent shooting a Drakes house and

45:43

Sra now. Sits. Yeah

45:45

Megan, real news now. Is.

45:48

Make and real real news. It was a. Yeah.

45:51

It's a it's a wrap our from up

45:53

from a bygone age or in the middle

45:56

of this big bag of for it was

45:58

we're not going against it is not a

46:00

a pop culture music show but to very

46:02

famous musicians are having a rap battle it

46:04

accelerates he gets very uncomfortable for everyone involved

46:07

but in the middle of it and drag

46:09

release his uncle Taylor me freestyle it features

46:11

this to parks as. You. Know

46:13

a I generated voice and as

46:15

secure as states issues a legal

46:17

threat. Getting Drake to remove the

46:20

track The Stapler how can Resists use

46:22

regarding personally resin copper infringement and I

46:24

just I wanted to talk about this

46:26

because I I find it fascinating. Oh

46:28

and two things at play here. this

46:30

personality rights deep state controls the distinctive

46:32

style and public likeness of to park

46:34

and making unauthorized you straight forward to

46:36

challenge but and is awesome the copyright

46:38

element of it which is really fascinating

46:40

an Ai cases more complex. And

46:43

it involves two bucks recordings and songs. And

46:45

the me legal question here is the permissibility

46:48

of using. A I to Replicate

46:50

to Pox style which invariably involves

46:52

copying from his original works In

46:54

order to replicate to Pox voice

46:57

effectively day I am and must

46:59

access and print copies of those

47:01

recordings. This act itself could constitute

47:03

copyright infringement which I care severe

47:06

penalties of up to hundred fifty

47:08

as us hundred fifty thousand dollars

47:10

us per work. Which.

47:13

Depending on the number of to park

47:15

tracks were used to process and create

47:17

the model could total significant amounts. Pretty.

47:20

Pretty big money on the line here

47:22

in it Raises this really interesting question

47:24

every time we get a new piece

47:26

of technology. Digital technology. Has.

47:28

To create copies of things to function

47:30

and that puts it at odds with

47:33

copyright pa do. When we got Vhs

47:35

cassette tapes, we had to go through

47:37

a court process of figuring out who

47:39

you know what's legal With this is

47:41

it is creating a copy of the

47:43

cassette tape? Legal? Is the cassette tape

47:45

pushing it to the television? Kind of

47:48

creating a colleague. It's all ambiguous. When

47:50

we got computers, the exact same thing

47:52

happened. Computers create, copy the files all

47:54

the time. It's all very blurry. what

47:56

is and isn't and allowed use. And

47:59

were clinic going through that right now with

48:01

a i try to figure out are these

48:03

copies Is it interpretations? what's going on here

48:05

and his passing to see that come up

48:07

in the context of a rap battle. Or

48:10

that nursing that I also enjoyed about

48:12

this is that Drake. ah I was

48:14

gonna say the victim but I don't

48:16

allow us to describe it but somebody

48:18

had it's as had made a Sage

48:20

Drake songs the got super popular yeah

48:22

Ghostwriter, the tartars hard on my sleeve

48:25

and I was taken the weekends and

48:27

a he was one of the first

48:29

people to be like. Targeted.

48:31

By this use of technology and

48:33

didn't like it very much and

48:35

was pretty vocal about of on

48:37

the internet and now you're using

48:39

it himself in a in a

48:41

in a scrap. With. Another

48:43

apparatus and enough circle

48:45

those rounds. Interesting. Yeah.

48:48

It's a really good point. I'd completely forgotten about that.

48:50

That was the first big viral A I tracks as

48:52

Drake and he i think you're at it he wasn't

48:54

too fond of it's I would at interesting I would

48:57

say that I haven't heard any other. a barrel of

48:59

A I tracked sense that have you like his era

49:01

an ai. I listen to the tailor made freestyle one.

49:03

I was kind of following this. it was happening over

49:05

the weekend in it. As. We

49:08

were hanging out with her a group of friends,

49:10

one of whom also likes hip hop and so

49:12

her and I were talking about it quite a

49:14

bit says. I caught the the

49:16

Drake track before we move on to

49:18

I think probably the last thing that

49:20

I wanna talk about which is the

49:22

story that we start of the episode

49:24

with is not a lot to it

49:26

is it's fascinating to me is be

49:28

shy and supercomputer arm and again one

49:30

of the nor least cases of tax

49:32

depreciation I think I've ever heard. So

49:36

the science of computer was assault the

49:38

Ncr Wyoming Supercomputer Center during the second

49:40

half of Twenty Sixteen. He was originally

49:43

used for climate modeling, weather and climate

49:45

research in support of National Science Foundation,

49:47

other scientific endeavors across Wyoming a nationwide.

49:49

It was like a big story when

49:52

he built as he was like a

49:54

heartland America supercomputer and it was sort

49:56

of bleeding edge at a time. Back

49:59

and Twenty Sixteen. I

50:01

got the numbers up in front of

50:03

me: eight thousand, Sixty four Intel Xeon,

50:05

he five to six, nine, seven V

50:07

for processors each with eating corps and

50:10

thirty six threads a two point three

50:12

gigahertz valued about fifty bucks each shown

50:14

time recording on E Bay at not

50:16

what they cost when it was built

50:18

I'm and a bunch of stories of

50:20

is not included in the sale and

50:22

is massive massive super computer. Goes.

50:24

Up for auction. The auction itself becomes

50:26

a story. twenty seven bettors. It was

50:29

covered in length by bunch different folks

50:31

at Tom's Hardware. Tom's Hardware coverage was

50:33

really, really good. They're following it very

50:35

closely. That's who I was reading is

50:38

it went I'm and it was sold

50:40

off at auction for about four hundred

50:42

thousand dollars. Reasonable. Reasonable.

50:45

Reasonable? Yeah, I. Saw

50:47

and estimates to debts or the potential resale

50:49

value. The processes and ram which is what

50:51

they bought can reach about seven hundred thousand

50:54

dollars if all of the components function properly.

50:56

Ah that is a Big East they were

50:58

is use at the site as intersect water,

51:00

leakage and stuff. It's not totally clear how

51:03

good a shape this is all in, but

51:05

it is like the most extreme version of

51:07

through those shows where you buy an old

51:09

storage locker in hopes of the buildings are

51:11

some things so I you know it's worse.

51:14

Say it's like the most extreme version of

51:16

storage or. As of ever see where it's

51:18

I were you spend four hundred thousand dollars

51:20

because if the stuff inside the storage lockers

51:23

good we could get up to seven hundred

51:25

thousand dollars for it. Like year habit his

51:27

using is like. What

51:30

can and market is there were can

51:32

a client demand is there for eight

51:34

sign and sixty four antiquated processors e

51:37

bay like circenses there he terrorist acts

51:39

dollars and you can says never talk

51:41

about a gonna make money from As

51:44

for like actually find a market like

51:46

I can understand somebody wanting to buy

51:48

a budget supercomputer liked even though it's.

51:51

Antiquated for today's date. Surmount

51:54

of fussier processing power and has

51:57

to kind of rebuild this modern

51:59

technology would. We still costs more

52:01

than four hundred and eighty thousand

52:03

dollars. So like food released by a

52:05

budget supercomputer? like if you were in

52:08

the in the market for needing i

52:10

don't know say a massive password tracking

52:12

device or a loser insert chess algorithm

52:15

A I hear this sub pretty good

52:17

deal Deal takes you from zero

52:19

to you know, seventy five percent for

52:21

a reasonable amount of money. It's not

52:24

twenty five million. Yeah, It

52:26

really reads like dirt. I. Don't

52:28

get the said for gonna try and do

52:30

anything with this. I get the sense to

52:32

go to sell it off for some parts

52:34

and part of what makes you think that

52:37

is it. Part of the terms of the

52:39

sale is that the buyer must handle the

52:41

removal of Science Thirty server racks which include

52:43

tweet processing racks to air cooled management racks.

52:45

ah the will receive no logistical support from

52:47

the government and to sell did not include

52:50

Eastern at her optical cable in required for

52:52

operation slowly. me feel like it's we just

52:54

want this space back says you can get

52:56

the shit out Still sell. It to for

52:58

four hundred thousand dollars. Like it really feels

53:01

like it's like it is to scrap to

53:03

us at this point. Spear right? It. It

53:05

one man's trash. You know it's nice. Probably

53:08

do something pretty interesting with the Cia Alligator

53:10

I. It's like it is. Each ship has

53:12

eighteen cores. Sense that you have a hundred

53:15

and forty five thousand, one hundred and sixty

53:17

two cores. And as

53:19

eaters course, cable threads Thirty two threads

53:21

Eat have two hundred and fifty thousand

53:23

and forty eight threads. Which.

53:26

Is did the my lot like you know,

53:28

I'm sitting here on earth and I've had

53:30

a be Pc Terry next to me and

53:32

it's got thirty two threads like imagine with

53:34

two hundred and sixty eight thousand dresses like

53:36

like that makes. At around that

53:38

it I am sad that they're just

53:41

dissembling and scrapping it as he like.

53:43

There was only there was a cool

53:45

second home and second use their for

53:47

like one of the world's big supercomputers.

53:49

This. Is an aside. I

53:52

was following recently a story about increased

53:54

so we're gonna need a lot more

53:57

servers like a I is going to

53:59

of course. Yeah if or for however

54:01

much we have for how would a sinner the

54:03

man is it's gonna go through the freak and

54:05

roof. And that alone

54:07

is interesting because is increasing demand a

54:10

large, incredibly demanded. Product. We talked

54:12

about doesn't lot less hall and hacked. But

54:16

the thing I find fascinating is. A.

54:19

Bunch of really big tech companies

54:21

such. he started investing in nuclear

54:23

energy projects a nice because of

54:25

like just starting to do basic

54:27

forecasting of like the sheer amount

54:29

of energy that we are going

54:31

to consume. Bringing.

54:34

This. Product. Nice. Getting.

54:37

This into everyone hands. It's going

54:39

to consume an obscene amount of

54:41

money. Com and Nuclear might be.

54:44

Really? The most immediate option for

54:46

you know of renewable energy source that

54:48

could provide the energy needed for a

54:50

I he as bad as a whole

54:52

and Vassar prospectus about the stuff going

54:54

on and then that since release around

54:56

data center grass and and what a

54:58

mean tas processing and habits power and

55:00

more data centers are gonna need been

55:02

a lot of the big tech companies

55:04

and a lot of the governmental initiative

55:06

to reduce carbon output. The obvious he

55:08

says in the past power as equals

55:10

carbon the I you want more power

55:12

to make our carbon. So

55:15

is masses. Undertakings

55:17

to try and figure out. Okay, where for

55:19

going in this direction? where we're gonna like.

55:23

And I'll. Stick. Goes out

55:25

on the power use. our going to

55:27

fulfill that without making carbon sent to

55:29

goes up like and can't burn more

55:32

coal. China. Is burning Merkel

55:34

by like North America I think send

55:36

a lot of that develop more developed

55:38

countries are the chances are developed are

55:40

are looking at ways sas. To.

55:43

Really ramps up. Sorry I didn't surprise me

55:45

at all. I think that they smell a

55:47

Pr crisis. yeah and it's that these tools.

55:49

At a certain point the excitement about what

55:52

they could become wears off, the growth slows

55:54

and it becomes a question of is what

55:56

we're getting out of these tools worse he

55:58

frankly catastrophic energy consumed. Levels that are required

56:00

to do it and I think that what they're

56:03

trying to do is create a a little bit

56:05

of are starting to build the case for no

56:07

no no. We're. Not consuming.

56:10

Energy That was going to. We've we got

56:12

our own energy. We're making our own clean

56:14

energy. You don't need to worry about it.

56:16

We're not contribute to the problem. I'm not

56:18

sure. That. On a global

56:20

carbon footprint level, that argument holds water,

56:22

but I think it is. The argument

56:24

that is attempting to be constructed is

56:27

that we're creating our own age energy.

56:29

For this editor, I find it fascinating.

56:31

Was quite the rappeled a goddamn. I'm

56:34

curious to hear more about the

56:36

investor perspective side of the hey

56:38

easy. Say that about Pr nightmare?

56:40

Yes. And here we set like

56:42

sixteen years in and as a

56:44

coin, still crew than a loss.

56:46

Yeah, turning power into the utility.

56:48

The decline bring society is all

56:50

that. utilities. I mean, As

56:53

if Bitcoin was. That

56:56

sucks to, I guess is what I'm trying to say.

57:00

Like know that was bad as well.

57:02

Flick? I don't like that one at

57:04

all. I'm by. you know, Google doesn't

57:06

own it right? Like these massive public

57:09

rec rated companies that do have to

57:11

answer to and some one at some

57:13

point on some board or some shareholder.

57:16

A. Hour. And. A?

57:19

I'm I'm curious. actually. What The? A?

57:21

Global. Global. Emissions of Crypto

57:23

versus the global emissions as a I

57:25

are at currently and the point at

57:27

which those two lines intersect and one

57:29

becomes greater than the other. I think

57:31

that's actually, now that you mention it,

57:33

a really, really interesting question. A

57:37

Twenty Twenty Two, Two Thousand Twenty

57:40

Two non peer reviewed commentary published

57:42

by Jolie estimated that between mining

57:44

resulted in annual carbon emission of

57:46

sixty five emcees of C O

57:48

Two representing approximately point two percent

57:51

of global emissions that was Crypto,

57:53

which is comparable to the level

57:55

of the emissions for the entire

57:57

country of Greece. Yeah,

58:01

wow, he was non peer reviewed so

58:03

like scherzer a grain of salt but

58:05

it is fascinating in the south year.

58:08

And will be wonder worth digging into

58:10

more on our third show with in

58:13

a shell out some carbon emissions of

58:15

wacky tech I. Must

58:17

keep going down. This allows us

58:19

as as talk about we haven't

58:21

had an accent that over ever

58:23

since since a good twenty five

58:26

minutes ago System A Sign: Coin

58:28

Mining A You ends have report

58:30

suggested Bitcoin Mining has admitted approximately

58:32

eighty six and season C O

58:34

two during the twenty twenty to

58:36

twenty twenty One period. So that

58:38

is. About. That's

58:41

sixty percent higher. The last summer he

58:43

retakes foods he didn't says eighty six,

58:45

so. Yeah so

58:48

a grease and ask recent releases increase in

58:50

the house and a bit you like to

58:52

see and you need to surveillance and nuclear

58:54

reactors if we were going to have a

58:56

process and he don't were all collectively could

58:59

continue having. a very big problem is is

59:01

this is really fascinates as long as as

59:03

long as a I produces more utility for

59:05

society than crypto I think people because it

59:08

yeah but if I could see a crypto

59:10

companies in a building nuclear reactor so they're

59:12

not using the same energy like pulling from

59:14

the same her that I am I would

59:17

do. That if I thought I would

59:19

but I don't think I can

59:21

so much is it go over

59:23

here. I believe that exist. At

59:26

all as Agassi be like as relax or

59:28

by the gimmickry go away our topic now

59:30

and as we elect fighting create in the

59:32

demands on a grander becoming more and more

59:34

selling know yes Three missing Use Electric Seat

59:37

in are you in Vancouver the home of

59:39

the He pumps and. That.

59:42

As we go down that unless you the

59:44

case and thing and as we introduce more

59:47

non sincere renewables to the grid. I.

59:49

Think those data companies have to be

59:51

looking at ways to make sure that

59:53

their services are providing a consistent basis

59:56

because insists I think Wind and Solar

59:58

and Battery Technologies is no need. The

1:00:00

Be Fresh use it as an actual

1:00:02

storage device for that scales. Serve

1:00:05

as an I think they have to like new

1:00:07

to me. Seems like it's gonna be one of

1:00:09

the I things that they can really truly get

1:00:11

into that would check all the boxes as long

1:00:14

as it doesn't mean. Cause

1:00:16

greater harm. Yeah, I'm of the letter

1:00:18

thousand flowers bloom approach when it comes

1:00:20

to renew Ma'am We're off topic, but

1:00:22

when it comes to renewable energy, I

1:00:24

don't I'm I'm agnostic. If if you

1:00:26

can produce a megawatt of energy with.

1:00:30

Do. As little emissions as possible go out

1:00:32

at you and your geothermal. Fantastic. You need

1:00:34

to be slowed nuclear. That's cool. You want

1:00:36

to rig up some crazy. We push water

1:00:38

up a mountain and like gravity bring it

1:00:40

back down to turn turbines like go for

1:00:43

it. I think this is a it's cool

1:00:45

tech adding is necessary tech rate I say.

1:00:47

I. Say try it all. Totally. Totally.

1:00:51

Just. Like to say that rabbit and

1:00:54

the he made in China anthrax try

1:00:56

it on maybe have to these engineering

1:00:58

design it's yo teenagers nearing solar panels

1:01:01

for your house? get. On.

1:01:03

It they would move some units. Could

1:01:05

you imagine it would move Eunice. They.

1:01:08

Would move now and they really sell. Like

1:01:10

Alison as an anachronism team is nearing. I

1:01:12

love you. buy your products. There's an area

1:01:14

Sir and Seven Veils. Been on a boutique?

1:01:16

Super people? Yeah, not it's is now utility

1:01:18

grade saffron We can to save money on

1:01:21

my power beller like produce a little bit

1:01:23

less car in the and yet I see

1:01:25

that little Opie One synthesizer. There's an interesting

1:01:27

overlap with people that love that company and

1:01:29

I. I love the way the stuff looks,

1:01:31

but and then people that love to spend

1:01:33

compulsively large amounts of money on A weird

1:01:36

thing that no one really nice. but. God

1:01:38

you just want to have a sitting on

1:01:40

the shelf. Yeah like the Opie One synthesizer

1:01:42

of solar panels is not a good idea

1:01:45

but it might be a greatest says all

1:01:47

these physical nods and sixty nine length right

1:01:49

the primary color right yellow when you know

1:01:51

and meet see high what is his do

1:01:54

like an I need why am I on

1:01:56

it Okay I think that's it. I'm.

1:01:58

As you think we're we're after. We're out and

1:02:00

were after else are they grocery bags through

1:02:03

it for make it into the and to

1:02:05

joy to story with us Got a hotline

1:02:07

hacked.com is us for the show got hacked

1:02:09

podcast I can redirect were patriots If neither

1:02:12

of those things are really your speed nor

1:02:14

is buying a hat is leave a rating

1:02:16

tell someone about the show me the world

1:02:19

to us and thirty for listen to another

1:02:21

episode. Appreciate

1:02:23

it.