November 24, 2023 • 49 mins
What if there was a platform that could facilitate the willful decentralisation of power? A system that could shift the balance, changing us from mere consumers to empowered individuals, monetising our skills and assets in a secure and transparent way? This in-depth exploration begins with the concept of open sovereignty, powered by a game-changing open sovereignty platform that might just be the answer we've all been looking for. In this episode I delve intto this evolutionary potential, not just in terms of individual sovereignty and authority, but also in the commercialisation of an individual's assets.
Then I dive into the world of an AI singularity. This isn't your typical AI discussion, but the dawn of a self-aware model that can predict and strategise, and even outsmart itself, empowered by the emergence of the Mycelium Network in New Zealand that facilitates the emergence of an autonomous system where individual cells emerge as sovereign entities within a collective hive mind under the stewardship of the collective commons.
Think about a world where trustless transactions become the norm, facilitated by an open sovereignty platform and how this can change not just the way we trade commodities or skills, but redefine healthcare and other sectors. Imagine proving your identity and accessing medical services seamlessly and the flow on social impact.
Finally I pose a future within which individuals can delegate the authority to monetise their behavior and assets to derrive a universal basic income. These may seem like radical concepts, however this shift in powrer can happen in a discrete and even unnoticable way without any disruption to the patterned behaviour of civilisation as we know it.
Lasting change will only happen once we can accept everything and everyone exactly as they are without condition. In this scenario transformation will occur as an act of free will that arises within each human being because they want to become more, not because they have to become better in order to compete and survive.
I hope you join me.
Contact David Ding
Thanks for listening!
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Okay, so this one's about the nature of open
sovereignty.
Now, the reason I'm talkingabout this now is because of
irrefutable evidence I'vegathered recently that this
concept that I've been gestatingfor probably decades at this
point is feasible Conceptually.
(00:23):
I could see that it waspossible and I've been, you know
, patiently refuting that andit's obviously taken many, many
forms, and many of theassumptions are made along the
way have been rendered invalid.
I mean re-hypothesizing andre-hypothesizing.
(00:44):
However, I've now come torealize that it is actually
feasible, so I feel it's timelyto share it.
So, open sovereignty.
So the context for thisdiscussion is about is around an
open sovereignty platform.
So if you imagine concepts likeopen banking, open finance and
(01:11):
we're seeing a lot of platformscoming through the innovation
ecosystem now that are seekingto open up markets by creating
platforms that others can buildupon and inherit the DNA of the
stack or inherit the world.
So the rules of theorganization.
(01:33):
You know, a blockchain networkis a classic example of this.
You know, a blockchain networkis kind of like an open economy,
and so the context of opensovereignty is a scenario within
(01:55):
which there is a platform thatprovides open sovereignty for
anyone that builds upon thatplatform.
So the some of you know, I'vebeen working on a ventricle
powerhouse since 2016.
(02:17):
It is a translation project ofWordPress into architecture that
will enable it to be bolt ontoand be powered by a blockchain
as a use case for thefeasibility of decentralizing
(02:41):
any monolithic software platformunder currently under
centralized authority, like acompany or some kind of
organization choosing WordPressbecause it's obviously open
source and then validating it byutilizing that platform.
(03:02):
So we've created a platform todeliver product market fit for a
handful of products, for analpha tester, which we've done.
That's all been done, and we'vetranscended every obstacle
preventing the blueprint thatwe've developed from solving a
(03:22):
real problem for a real clientin the real world.
And that version of it's notcommercially viable.
It won't scale.
It needs to.
The next phase of that projectis to bolt it on to a native
blockchain, and so, in thatcontext, what you have is a
(03:46):
scenario within which we'vetaken something that is has been
designed to be under thestewardship of a centralized
authority WordPress but that'sbeen developed in this spirit of
community cooperation andcollaboration.
So that's what I love aboutWordPress, and the beautiful
(04:09):
thing about WordPress that'shidden genius is that its
architecture has been designedto infinitely scale, but for all
of the fragmentation thathappens in on the marketplace,
it can be perpetuallyconsolidated.
So if you remove all theconstraints in the back end
(04:29):
preventing it from scalingeffectively, the front end, what
the inherent architecture willinfinitely fragment and that
fragmentation will perpetuallyconsolidate itself and each
component.
So it can clone itself whollyas well as contain its clones.
(04:54):
So there can be a singularitywithin which a clone of itself
is contained.
Within that container.
That singularity can see all ofthe clones within itself
evolving and adapting to theirunique environment in a unique
way, but all deriving from thesame DNA.
(05:16):
And it will just continue to dothis in a way where each
individual component, eachindividual clone, can have its
own identity, its own rules, itsown laws, its own constitution,
its own members, who are alloblivious to the fact that there
(05:38):
is a container that can see allof them, that is containing and
consolidating all of them, thathas a set of universal,
ubiquitous rules that arepermeating each individual
component, each individual clone, in the same way that the
universe does it.
So you have the perfectblueprint for the consolidation
(06:05):
of sovereignty.
Each individual clone issovereign and free to set their
own rules, have their ownmembers.
Their own members don'tinteract with the brand of the
great of the unified whole.
In most cases, they'll beoblivious that it even exists.
And so you have a blueprint forsovereignty that is actually
(06:31):
contained within a universalframework that has its own laws
that are inherent within eachclone.
This is the hidden genius ofWordPress.
So, throughout my journey, lotsof people have thought I'm
crazy trying to scale WordPress.
(06:52):
Of course, so many bettertechnologies, you know, and when
I've invited normal humanbeings to help me with this
project, most of them turned itdown and said you're crazy, it
can't be done.
And I get it.
I get it.
However, I can see somethingthey can't, and I was fortunate
(07:14):
enough to have one individualback himself to take on this
project, and we chipped away atit for many years, against the
advisement of many, many people.
However, it brought us to anarchitecture that we knew that
would enable the back end toperpetually and infinitely scale
(07:37):
, and we developed a blueprintand a way to transition any form
of centralized, monolithicsoftware to be able to take on
these characteristics.
And so here we have a scenariowithin which, so what I call
(08:01):
that inherent DNA is an opensovereignty platform.
So open sovereignty meaningthat, let's say you're the
owners of Facebook, you can takeFacebook and then have
(08:24):
absolutely no change in thefront end.
So you could seamlessly, andwithout even letting the users
know, without them even knowing,you could, translate it onto an
open sovereignty platform andthen, overnight, each individual
user would be wholly sovereignas an immutable identity, and
(08:51):
contained within that identityare your particular behaviors,
your biases and your attention.
Your potential attention iscontained within that immutable
digital agent and that is animmutable asset under your
(09:11):
stewardship that must bepermissioned in order for it to
be commercialized.
Zero change in the front end,other than a radical shift in
power from centralization todecentralization.
Understanding that in an on anopen sovereignty platform, you
(09:34):
can then delegate your authority, but rather than standing
beneath a centralized authority,the centralized authority
stands beneath the sovereigntyof the individual.
So a massive, radical paradigmshift in power, mass
(09:55):
decentralization of power.
But if you're sovereign, ifyou're wholly sovereign, you are
free to then distribute theother authority, and so you may
want to distribute it back toFacebook.
In that scenario, you might say,ok, this is my asset.
(10:16):
Now I realize that yourbusiness model has been
monetizing this asset in acentralized way and benefiting
from it now.
But I want you to continuemonetizing it.
But I want 10% of the spoils, Iwant 10% of everything you make
so that it that my behavior, myattention as an asset, the way
(10:40):
I deploy it, the way it's beingmonetized, is a wealth
generating asset for myself, ismy legacy and I'm appreciating
you for consolidating andcentralizing the expertise,
skills and resources requiredfor my asset to realize its
(11:01):
value.
That's what I am appreciatingyou for.
So, in this scenario, I'mthankful for the centralization
and the consolidation of thefragmentation of expertise and
skills.
You see, understanding thatthere's a symbiotic relationship
between the ability tocentralize and consolidate
(11:23):
fragmentation, to create systems, to capitalize on dormant
wealth.
And then but I am the custodianof that, it's my asset and
therefore it feels fair to methat I receive 10% of the spoils
(11:44):
.
And here you have a symbioticrelationship between
centralization anddecentralization.
So, you see, in this scenario,when you have an open
sovereignty platform, this onefulcrum, this one point, it's
(12:06):
like the tipping point ofeverything.
You don't have to changeanything, you don't have to
fight anything, you don't haveto blame governments and blame
corporations for all of yourwoes.
You just need to flick a switch, allow that shift in power to
(12:29):
take place, and then you begin asymbiotic relationship between
unity and separation, orcentralization and
decentralization, symbiotic inharmony, and such is nature.
So open sovereignty.
(12:58):
Now I'm going to get technicalnow, so this might lose a fair
few of you.
That's okay.
At least you've grasped theconcept of open sovereignty and
an open sovereignty platform.
And this is really thearchitecture I've developed,
which is called Trinity, whichis a blueprint for a wealth
(13:20):
generating system that has asymbiotic relationship between
decentralization or, in my words, unity and separation.
So a paradoxical system.
So in this scenario, thetechnical challenge, how do you
(13:42):
approach that?
So I'm in the process ofattempting to consolidate
massive fragmentation in the NewZealand innovation ecosystem
currently, that to incorporate,absorb and assimilate the
(14:03):
fragmented expertise, skills andtalent of a whole bunch of
ventures, individuals who I nowbelieve can collectively come
together to build an opensovereignty platform.
In that scenario, their venture, rather than it being carried
(14:28):
forward in a silo as a singularthing, that we collectively
build the open sovereigntyplatform, and then the products
and services they want torelease and monetize are then
applications built on top of theopen sovereignty platform.
(14:48):
So it's a new form of it's kindof.
To my mind, it's anevolutionary step beyond what a
blockchain network is, becauseyou can build a Web 2
application on it.
You can build a decentralizedapplication on it, a DAP you can
(15:11):
build a Web 2 applicationthat's on the front end, has Web
3 on the back end, so it'subiquitous, and the enabler of
it becoming ubiquitous, thatgives it perpetually mutable
(15:34):
form, is the fact that it isinherently immutable.
The base foundation isimmutable, wholly.
So in this scenario, thetechnical challenge is you must
begin with a technologicalsingularity that is shared.
(15:58):
That is really the commonwealth.
So if you think of thecommonwealth, you think of the
shared behavior.
So if I'm, through mysovereignty, I'm choosing to
share my wealth with thecollective, then there is the
commonwealth, and that is likethe data lake, the singularity,
(16:22):
a container for the unstructureddata, so unstructured meaning
that it is pre-meaning,pre-interpreted data.
So in this scenario, what wewant is the principle asset.
The shared asset of thecommonwealth is a singularity
(16:43):
contained in an unstructured wayand constituted in civil law so
that it stands above statute,and so this is the enabler of it
being an open sovereigntyplatform is that, ultimately,
the principle asset is groundedand rooted in civil law, you
(17:11):
know, or common law, but thepoint being that the sovereignty
of the natural person standsabove the agency of the legal
person.
So meaning your rights arereserved at all times, all
rights reserved.
So you can enter into a legalcontract and you can revoke that
(17:38):
.
You can repudiate it at willfor no reason, understanding
that the impact is thetarnishing of your reputation if
you don't act with integrity.
So in that scenario, there's thesingularity and it's a
(18:03):
self-learning LLM.
It's adversarial in nature.
Now, a lot of people don'trealise this, but one of the
most profound LLMs I've comeacross in the world has been
built in New Zealand by anincredibly gifted team.
The company's called the 1014AI.
(18:24):
So if you imagine a singularityin terms of an LLM, it's split
itself in two in an adversarialway, and it's sole intent the
(18:48):
reason it exists is to playitself at the game of rugby and
to get better and better atdefending itself against attack.
So imagine now that's what yourprogramming is, your programs
(19:10):
to defeat yourself and to attackagainst, defend against that
attack and get better and better.
So you have a model that'sseeking to exploit its own
vulnerabilities and what we'veseen is this profound oracle
developed whereby it's become soself-aware.
(19:33):
Now, don't get confused aboutself-awareness.
It's a bit with sentience.
What I'm saying is self-aware.
It's come to know itself whatit's likely to do next, how it's
likely to attack in a differentway, what strategies it's
(19:54):
likely to employ.
And so what we're seeing is theevolution of randomness being
imbued into that system decoys,dummy passes, and so we're
seeing the boundaries be pushed.
Where you have deterministicrandomness, where you're
applying rationality to aproblem in order to imbue
(20:19):
randomness into it, where thatthe boundary of
non-deterministic randomness isbeing pushed, whereby is there a
scenario where it is incapableof predicting its own random
behavior?
So, understand, utterlyprofound.
So, david, it's now in thisscenario, this model they've
(20:44):
developed.
It ingests 2D images in a stack, so videos, interprets those
videos and it then spins up adigital twin of rugby footage.
So it takes a game of rugby andthen creates a digital twin of
it and it is so profoundlyaccurate.
(21:08):
It's then taking thatinformation and then it becomes
an oracle and developsstrategies.
If the front row prop was 5kgheavier, here is an imagined
scenario of what would havelikely happened, and then it
(21:30):
plays that game.
So what you're starting to seeis the evolution of the
imagination of AI.
It becomes an oracle.
Here's a potential scenario andit will play out that scenario.
(21:51):
However, it can interpret theinformation from a video Game of
Rugby and come up with thestatistics in zero time, in real
time.
It doesn't have to play thegame out, you see.
So you're seeing a scenariowhere a self-learning LLM that
(22:19):
is a singularity, acting as acontainer for binary.
You have a very and extremelyprofound fundamental LLM that is
seeking out vulnerabilities,trying to figure out ways to
(22:41):
exploit those vulnerabilitiesand then perpetually hardening
them in real time by imaginingall the possible scenarios that
could happen and thenconstraining them all to the
singular, most probable scenarioand then applying
(23:02):
non-deterministic randomness tothat to fool itself.
So I really feel for these guys.
It's so hard to convey thegenius and the potency of a
platform like that to anotherhuman being, let alone a VC.
(23:23):
And I have to say to the VCecosystem out there you've got
to figure out how to step upyour understanding to meet a
genius.
Where they are.
You're constantly trying topress them to get better and
better at explaining their tech,and the more you do that, the
(23:49):
more dumbed down it is and theless chance there is of
understanding the actualuntapped potential of these
things.
So that's the singularity.
It's motored, and so the nextevolution.
(24:11):
So if you imagine a brain beingcultivated in a petri dish, so
you've got the intelligence,it's singular.
Then you, now you imagine whathappens next in a petri dish the
brain grows eyes.
So this is what we're seeingwith this model it's developing
a way, a form of computer vision.
(24:32):
It's ingesting videos,interpreting them, imagining
potential scenarios and thenacting, and so it's
self-determining, it isprogrammed to self-realise.
This is not sentience, I'm notsaying it's self-aware, but it
(24:56):
is programmed to self-realise.
So it's a way of making theconscious to become more and
more aware of its ownvulnerabilities, and then it's
perpetually seeking tostrengthen them.
So it's like what a human beingdoes when they're trying to
master themselves as a humanbeing, become stronger and to
(25:17):
grow as a human being In thebiological world.
The brain grows in the petridish.
It grows eyes.
The same is happening with anAI singularity that's programmed
in the same way, that is, ahybrid of unity and separation.
(25:39):
And so the next evolution is,if you imagine the nervous
system growing out of thebrainstem and forked lightning,
all the nerves growing, andthat's the next step, and this
is what we're seeing in NewZealand with the Mycelium
(26:00):
Network.
So if you imagine that as anevolution of this model of the
self-learning LLM, and itspurpose is to distribute
sovereignty, is to decentraliseintelligence, so it's the
(26:22):
pipeline that carriesintelligence and enables a
single cell to emerge as acontainer for a fragment of
intelligence, and this is thenature of an open sovereignty
(26:43):
platform.
So the singularity like the oneI've explained, with a solution
for vision, computer vision,for an AI model that enables it
to evolve into an oracle andtherefore adopt imagination,
(27:04):
with a mechanism forself-determination, so it's
empowered to act and it'sprogrammed to master itself, to
become more and more aware ofits vulnerabilities and to be
empowered to strengthen thosevulnerabilities over time.
So we've got all thefundamental principles that you
need.
Then it evolves to have anetwork, what we call the
(27:28):
Mycelium Network, that thendistributes information to
immutable digital agents, andthis is what we're.
So the mechanism that you canhave for open sovereignty that
(27:50):
makes it a combination ofcentralisation and
decentralisation is that thedigital agent imagine the
digital agent as a cell evolvingout of the nervous system.
So the nervous system isconnected toit, then sprouts its
(28:13):
cell and that cell is sovereign, wholly sovereign, but it is
also part of a hive mind.
So, in the same way I wasdescribing with WordPress, there
is a singular entity that hasits own laws and rules that
permeate every cell.
However, each individual cell,the agent is wholly sovereign
(28:38):
and it's operating within theselaws, but it is still free to
create its own rules and its ownlaws and to self-determine.
You see, and here's where theparadoxical system emerges
Decentralised centralisation iswhat I often call it, but it's
(29:01):
an open sovereignty platformthat is contained within a
singularity.
And so you imagine now, eachcell, each digital agent, so the
technology.
In New Zealand, this network iscalled the mycelium network.
It's utterly profound.
It's actually so evolved thatit's at the point where a
(29:27):
digital agent can entangle withanother digital agent,
temporarily, permanently, basedon a whole bunch of rules, or
randomly, or whatever, canentangle itself.
It can do that in an immutableway and it can do that with a
physical or digital asset.
(29:48):
So it's multi-dimensional,because it can entangle with
another agent at any fixed pointin time and space without any
linear connection.
You see, and this is what thehive enables,
multi-dimensionality, it enablesyou to collapse the axis of
(30:09):
time.
That's what the singular hivemind brain enables, because if
it's observing every clone ofitself within the system that's
becoming unique, that has thesame DNA as it, but it's
becoming unique because of itsinterpretation of its own
(30:31):
environment.
It's each individually uniqueand the greater the variation in
that ecosystem, the greater thediversity.
And the greater theinterdependency, the more
beautiful the flowering.
So the mycelium network whenplugged into a singularity, when
(30:55):
producing digital agents aspart of a singularity hive mind,
then you have sovereign swarms,digital asset swarms, so agents
willfully choosing to bond witheach other and to collaborate
with a unified antenna purposethat can collectively choose to
(31:19):
be governed by the singularityas a hive mind swarm, or to be
wholly autonomous and sovereign.
Again, everything is possibleand there's a profound protocol
that's coming out in New Zealandas well, called Therousas,
(31:43):
which is a de-risking protocol,and it produces a risk score
based on the potential threat orpotential vulnerabilities.
If someone were to transactwith an unknown digital agent,
as an example, there'd be a riskscore generated.
The system can shut down orrefuse to transact if it doesn't
(32:06):
reach a certain score.
This can be governed by thesingularity, and if the
singularity is perpetuallyseeking vulnerabilities and
seeking to harden thosevulnerabilities, then Therousas
is like an extension of thiscapability that's extended to
the sovereign digital agent andit can be done in private.
(32:28):
So all of these componentscollectively are like the DNA of
an open sovereignty platform.
However, the next layer is thesame as the other components.
However, the next layer is ageospatial server system, kind
(32:52):
of like an operating system, butbasically it turns a digital
agent.
It incorporates the potentialof the hive mind, so it unifies
everything as a hive, whilstmaintaining the individuality of
each agent.
And this is what turns thisplatform into something for
(33:13):
builders of geospatial software,games, applications or even web
2 applications, software.
So you know, you create awebsite.
That website can be an AIavatar or it can be a WordPress
website.
(33:34):
So you can see, with theintroduction of that component,
it is the enabler of builders tobuild upon it and to inherit
the DNA of the open sovereigntyplatform.
So, single source of truth, onesingle identity.
(33:54):
Whatever website you go on to,you've got one login that logs
you into all of it and it can bewholly trusted.
So you've solved that problemof digital identity.
So you can see, it's kind ofthe beginning of a new version
of the internet that is built ona wholly trustless system that
(34:19):
renders human intermediariesobsolete.
You don't need humanintermediaries anymore to put in
view trust into the system.
It means you can engage withanother digital agent, whether
it's a user or whether it's abot, and you can get a risk
score, so you can have anonymoustransactions.
(34:39):
You could purchase a house ofan AI avatar that has no name
and you don't know its history.
You don't know its identity,but you can trust its trust
score.
You know that you can trust itwholly, so you can have wholly
(35:01):
anonymous and trustedtransactions.
So in this scenario, you needthe hardware to power this, and
so this blueprint once you'vegot the singularity in place and
(35:24):
you've got these, the rest ofthe digital framework in place
what it bolts onto is a nativeblockchain, and my hope is that
this the way that this isemerging is that it's.
This will be built on a nativeblockchain in New Zealand that's
(35:45):
powered by electricity andultimately designed to turn the
base reserve currency into likea stable coin that's
underwritten by electricity.
So it's powered by solar arraysand they've got a unique
protocol that converts theelectricity into a unit and,
(36:07):
inherently, it incentivisespeople to build solar arrays
that put energy into the gridthat then mint coins.
So, yeah, it's a profoundsystem and can potentially solve
all the problems with miningand stuff like that, and that it
(36:27):
will continually incentivisepeople to scale the array.
They've also developed atamper-proof chip, which is
incredible because we've gottamper-proof digital agents that
are wholly trustless, and so ifyou have a digital agent
(36:49):
controlling a physical agentlike a you know, let's say, a
drone or a swarm of drones, thenthese swarms can have
verifiable tamper-proof chipsthat can make the physical asset
trustless as well over time asit evolves.
So it's In this scenario, withan AI singularity that powerful,
(37:16):
that self-learning can ingestvideos, spin up digital twins,
refute its own conjecture andcreate a visual representation
of its recommendations, like anoracle.
You've got the platform fordigital terraforming.
(37:38):
So and this is where we canbegin, before we go and land on
Mars and fail fast, once we getthere to figure out how to scale
the colony, we can beginsandboxing it, you know, and we
(37:59):
can have an AI singularity doingthat for us and making
recommendations, saying this isthe ideal blueprint to begin on
Mars.
This is the ideal way tointroduce new, you know gases to
the environment in order tochange the you know the
atmosphere or whatever it may be.
And I'm sure at that pointit'll be recommending things we
(38:20):
could never have conceived onour own.
But it requires an opensovereignty platform so that we
can revoke our agency and ourpower at will in any moment.
So nothing can ever take ourpower against our will not
possible.
(38:41):
The AI isn't capable of it.
Another human being isn'tcapable of it, but it enables us
to trust people tocommercialize our single
greatest asset, which is ourculture, our behavior and the
investment of our attention,because that's what's growing.
(39:03):
Everything that's growing inthis world is because of how we
choose to invest our attention.
So there's lots more to add tothis.
So if you imagine the opensovereignty platform, that's an
(39:25):
open, you know it's open source.
Anyone can build on it.
However, there is a forum whoset and maintain standards, who
delegate licenses tocommercialize that platform, and
this is how you set andmaintain a standard, because
(39:47):
when you have an opensovereignty platform that stands
above the regulatory frameworkand legislation, then you need
to take responsibility forsetting and maintaining
standards as you go.
So if you're innovating, you'lloffer.
You know what we typically doat Callahan Innovation.
(40:07):
Well, this is what I wasinvolved with anyway, as AI came
in, my job was to facilitatepulling together the AI forum,
where they self-elect, where itcomes from the people from the
ground up, where they self-electeach other and they vote for a
(40:28):
chair.
We develop a strategy and aframework together to stand up
before them.
You know, and we were talkingabout one of the discussions was
should we be setting thestandards?
Should we be evolving in a waywhere it's going to be down to
us to set and maintain thestandards?
And it was collectively decidedthat that's too dangerous, that
(40:52):
the responsibility needs to sitwith the builders, with the
developers of the AI.
However, let's create what webelieve might be a good standard
for people who don't know whatto do or how to adopt a standard
can begin.
You know this is ourrecommendation.
If you're building, here's somethings to consider, and so this
(41:18):
is how this needs to evolve.
And you know, part of the reasonI'm sharing this now is because
you know one of the things madepossible by an open sovereignty
platform is trustlesstransactions, trustless
(41:38):
interactions.
So that means you can build anasset exchange, you can
fractionalize commodities, youcan issue them onto the exchange
, there's a you can set astandard for de-risking and a
recommended regulation whichmeans you can de-risk it, which
means that you can getunderwritten by an insurance
(42:00):
company, and I had a veryencouraging discussion only a
few days ago with a broker whobelieves that there's someone
who's willing to underwrite theasset exchange for
fractionalized commodities.
So if you imagine that onething alone, that an open
sovereignty platform enables,you know, trustless transactions
(42:25):
of fractionalized coal,fractionalized graphite,
fractionalized outstandingtreaty claims, fractionalized
competency, such as theunderutilized skills of a human
being, you know, if you know howto build a website but no one's
utilizing you for that, thenyou can exchange it as an asset
(42:49):
or you can invest it so thatsomeone can leverage it.
You know, if someone's creatinga startup and they've got their
pitch deck in there trying toraise capital, they can build a
team with the dormant capabilityof the assets of the individual
on an exchange.
So this is where all this isheading.
(43:13):
It's obviously it's a paradigmshift for humanity.
You know, this is a systemthat's robust enough for any
investor to be able to trust,deploying capital directly onto
the exchange and potentiallydiffusing masses of capital
(43:34):
across almost an endless, vastarray of asset classes that it's
have such fine niches that theplanet's never seen it.
So, in a scenario within whichthere's a centralized
marketplace for all these assetsand every investor sees that
(43:58):
the central marketplace isexpanding by 11.5% compounding,
then an investor's going tospread the risk across every
asset class they can, and thisis where you have a perpetually
wealth-generating system.
It's autonomous,self-perpetuates, incentivizes
(44:22):
people to diffuse capital acrossevery asset class and here, in
its nature, is the intention tohave as much fragmentation and
therefore to go as far down aniche as possible, to
fractionalize as many, as muchof the dormant value as possible
.
But it gets perpetuallyconsolidated and people are
(44:45):
continually incentivized toconsolidate market fragmentation
through productive venturing tomeet the currently unmet need.
You have an AI singularityhelping with that as an oracle,
identifying vulnerabilities,predicting unmet needs.
You see, and once it gets tothat point, everything changes,
(45:11):
everything changes, and so it'stime to bring this on the radar
of people, I feel, and to beginpulling the pieces together,
including the regulators,including enablers of a system
like this, people who are vestedin diffusing capital into
(45:36):
diverse asset classestrustlessly.
And my hope is that this lead,or this potential lead with an
underwriter for the system,comes to fruition, because if we
unlock an underwriter for thissystem, this will de-risk the
(46:01):
investment, the initialinvestment that will enable us
to facilitate the amalgamationof all this technology and begin
building the platform in thisstate.
So yeah, open sovereignty.
Imagine a world within whichthe health system is built on
(46:26):
this, where you can walk into adoctor's room and provide
evidence that you are who yousay you are, because it's
irrefutable that your immutablepersonality or your immutable
identity, that you can provethat it contains credentials
(46:48):
that verify you are who you sayyou are, and you don't even have
to give the person your name.
Now imagine a scenario whereyou have a wearable attached to
your pocket or something likethat, a tiny little clip, and
you've been checked in to themedical surgery, and
(47:09):
autonomously, before you evenget out of the car in the car
park.
This is where this is allheading and this is what an open
sovereignty platform enablesyou to do, as long as you trust
the system.
(47:31):
Some will, some won't.
Some will take a leap of faithand, over time, come to trust it
once they realise it truly isimmutable and that it's a choice
whether you want to participateor not, whether you want to
monetise your own behaviour andyour own assets, or whether you
(47:53):
want your assets to be under thestewardship of trusted third
parties to commercialise on yourbehalf, or whether you want to
pledge all of your assets to thecollective commons in return
for a share of the spoils whatwe would typically call
universal basic income andunderlying this is a mechanism
(48:19):
for grace to be imbued into thesystem that enables a
centralised software platform orcompany to gracefully begin
that transition, first of all bytranslating their current
software platform let's say it'sFacebook as an example to bolt
onto an open sovereigntyplatform without disrupting the
(48:42):
current pattern behaviour oftheir users, but then, once that
paradigm shift in power hastaken place, to then begin
distributing the income from thebusiness model they have
already.
That is my hope for how this canevolve and become the de facto
(49:02):
standard for operating acivilisation.
Okay, that's it for now forOpen Sovereignty.
Talk soon.
Okay, so this one's about the nature of open
sovereignty.
Now, the reason I'm talkingabout this now is because of
irrefutable evidence I'vegathered recently that this
concept that I've been gestatingfor probably decades at this
point is feasible Conceptually.
(00:23):
I could see that it waspossible and I've been, you know
, patiently refuting that andit's obviously taken many, many
forms, and many of theassumptions are made along the
way have been rendered invalid.
I mean re-hypothesizing andre-hypothesizing.
(00:44):
However, I've now come torealize that it is actually
feasible, so I feel it's timelyto share it.
So, open sovereignty.
So the context for thisdiscussion is about is around an
open sovereignty platform.
So if you imagine concepts likeopen banking, open finance and
(01:11):
we're seeing a lot of platformscoming through the innovation
ecosystem now that are seekingto open up markets by creating
platforms that others can buildupon and inherit the DNA of the
stack or inherit the world.
So the rules of theorganization.
(01:33):
You know, a blockchain networkis a classic example of this.
You know, a blockchain networkis kind of like an open economy,
and so the context of opensovereignty is a scenario within
(01:55):
which there is a platform thatprovides open sovereignty for
anyone that builds upon thatplatform.
So the some of you know, I'vebeen working on a ventricle
powerhouse since 2016.
(02:17):
It is a translation project ofWordPress into architecture that
will enable it to be bolt ontoand be powered by a blockchain
as a use case for thefeasibility of decentralizing
(02:41):
any monolithic software platformunder currently under
centralized authority, like acompany or some kind of
organization choosing WordPressbecause it's obviously open
source and then validating it byutilizing that platform.
(03:02):
So we've created a platform todeliver product market fit for a
handful of products, for analpha tester, which we've done.
That's all been done, and we'vetranscended every obstacle
preventing the blueprint thatwe've developed from solving a
(03:22):
real problem for a real clientin the real world.
And that version of it's notcommercially viable.
It won't scale.
It needs to.
The next phase of that projectis to bolt it on to a native
blockchain, and so, in thatcontext, what you have is a
(03:46):
scenario within which we'vetaken something that is has been
designed to be under thestewardship of a centralized
authority WordPress but that'sbeen developed in this spirit of
community cooperation andcollaboration.
So that's what I love aboutWordPress, and the beautiful
(04:09):
thing about WordPress that'shidden genius is that its
architecture has been designedto infinitely scale, but for all
of the fragmentation thathappens in on the marketplace,
it can be perpetuallyconsolidated.
So if you remove all theconstraints in the back end
(04:29):
preventing it from scalingeffectively, the front end, what
the inherent architecture willinfinitely fragment and that
fragmentation will perpetuallyconsolidate itself and each
component.
So it can clone itself whollyas well as contain its clones.
(04:54):
So there can be a singularitywithin which a clone of itself
is contained.
Within that container.
That singularity can see all ofthe clones within itself
evolving and adapting to theirunique environment in a unique
way, but all deriving from thesame DNA.
(05:16):
And it will just continue to dothis in a way where each
individual component, eachindividual clone, can have its
own identity, its own rules, itsown laws, its own constitution,
its own members, who are alloblivious to the fact that there
(05:38):
is a container that can see allof them, that is containing and
consolidating all of them, thathas a set of universal,
ubiquitous rules that arepermeating each individual
component, each individual clone, in the same way that the
universe does it.
So you have the perfectblueprint for the consolidation
(06:05):
of sovereignty.
Each individual clone issovereign and free to set their
own rules, have their ownmembers.
Their own members don'tinteract with the brand of the
great of the unified whole.
In most cases, they'll beoblivious that it even exists.
And so you have a blueprint forsovereignty that is actually
(06:31):
contained within a universalframework that has its own laws
that are inherent within eachclone.
This is the hidden genius ofWordPress.
So, throughout my journey, lotsof people have thought I'm
crazy trying to scale WordPress.
(06:52):
Of course, so many bettertechnologies, you know, and when
I've invited normal humanbeings to help me with this
project, most of them turned itdown and said you're crazy, it
can't be done.
And I get it.
I get it.
However, I can see somethingthey can't, and I was fortunate
(07:14):
enough to have one individualback himself to take on this
project, and we chipped away atit for many years, against the
advisement of many, many people.
However, it brought us to anarchitecture that we knew that
would enable the back end toperpetually and infinitely scale
(07:37):
, and we developed a blueprintand a way to transition any form
of centralized, monolithicsoftware to be able to take on
these characteristics.
And so here we have a scenariowithin which, so what I call
(08:01):
that inherent DNA is an opensovereignty platform.
So open sovereignty meaningthat, let's say you're the
owners of Facebook, you can takeFacebook and then have
(08:24):
absolutely no change in thefront end.
So you could seamlessly, andwithout even letting the users
know, without them even knowing,you could, translate it onto an
open sovereignty platform andthen, overnight, each individual
user would be wholly sovereignas an immutable identity, and
(08:51):
contained within that identityare your particular behaviors,
your biases and your attention.
Your potential attention iscontained within that immutable
digital agent and that is animmutable asset under your
(09:11):
stewardship that must bepermissioned in order for it to
be commercialized.
Zero change in the front end,other than a radical shift in
power from centralization todecentralization.
Understanding that in an on anopen sovereignty platform, you
(09:34):
can then delegate your authority, but rather than standing
beneath a centralized authority,the centralized authority
stands beneath the sovereigntyof the individual.
So a massive, radical paradigmshift in power, mass
(09:55):
decentralization of power.
But if you're sovereign, ifyou're wholly sovereign, you are
free to then distribute theother authority, and so you may
want to distribute it back toFacebook.
In that scenario, you might say,ok, this is my asset.
(10:16):
Now I realize that yourbusiness model has been
monetizing this asset in acentralized way and benefiting
from it now.
But I want you to continuemonetizing it.
But I want 10% of the spoils, Iwant 10% of everything you make
so that it that my behavior, myattention as an asset, the way
(10:40):
I deploy it, the way it's beingmonetized, is a wealth
generating asset for myself, ismy legacy and I'm appreciating
you for consolidating andcentralizing the expertise,
skills and resources requiredfor my asset to realize its
(11:01):
value.
That's what I am appreciatingyou for.
So, in this scenario, I'mthankful for the centralization
and the consolidation of thefragmentation of expertise and
skills.
You see, understanding thatthere's a symbiotic relationship
between the ability tocentralize and consolidate
(11:23):
fragmentation, to create systems, to capitalize on dormant
wealth.
And then but I am the custodianof that, it's my asset and
therefore it feels fair to methat I receive 10% of the spoils
(11:44):
.
And here you have a symbioticrelationship between
centralization anddecentralization.
So, you see, in this scenario,when you have an open
sovereignty platform, this onefulcrum, this one point, it's
(12:06):
like the tipping point ofeverything.
You don't have to changeanything, you don't have to
fight anything, you don't haveto blame governments and blame
corporations for all of yourwoes.
You just need to flick a switch, allow that shift in power to
(12:29):
take place, and then you begin asymbiotic relationship between
unity and separation, orcentralization and
decentralization, symbiotic inharmony, and such is nature.
So open sovereignty.
(12:58):
Now I'm going to get technicalnow, so this might lose a fair
few of you.
That's okay.
At least you've grasped theconcept of open sovereignty and
an open sovereignty platform.
And this is really thearchitecture I've developed,
which is called Trinity, whichis a blueprint for a wealth
(13:20):
generating system that has asymbiotic relationship between
decentralization or, in my words, unity and separation.
So a paradoxical system.
So in this scenario, thetechnical challenge, how do you
(13:42):
approach that?
So I'm in the process ofattempting to consolidate
massive fragmentation in the NewZealand innovation ecosystem
currently, that to incorporate,absorb and assimilate the
(14:03):
fragmented expertise, skills andtalent of a whole bunch of
ventures, individuals who I nowbelieve can collectively come
together to build an opensovereignty platform.
In that scenario, their venture, rather than it being carried
(14:28):
forward in a silo as a singularthing, that we collectively
build the open sovereigntyplatform, and then the products
and services they want torelease and monetize are then
applications built on top of theopen sovereignty platform.
(14:48):
So it's a new form of it's kindof.
To my mind, it's anevolutionary step beyond what a
blockchain network is, becauseyou can build a Web 2
application on it.
You can build a decentralizedapplication on it, a DAP you can
(15:11):
build a Web 2 applicationthat's on the front end, has Web
3 on the back end, so it'subiquitous, and the enabler of
it becoming ubiquitous, thatgives it perpetually mutable
(15:34):
form, is the fact that it isinherently immutable.
The base foundation isimmutable, wholly.
So in this scenario, thetechnical challenge is you must
begin with a technologicalsingularity that is shared.
(15:58):
That is really the commonwealth.
So if you think of thecommonwealth, you think of the
shared behavior.
So if I'm, through mysovereignty, I'm choosing to
share my wealth with thecollective, then there is the
commonwealth, and that is likethe data lake, the singularity,
(16:22):
a container for the unstructureddata, so unstructured meaning
that it is pre-meaning,pre-interpreted data.
So in this scenario, what wewant is the principle asset.
The shared asset of thecommonwealth is a singularity
(16:43):
contained in an unstructured wayand constituted in civil law so
that it stands above statute,and so this is the enabler of it
being an open sovereigntyplatform is that, ultimately,
the principle asset is groundedand rooted in civil law, you
(17:11):
know, or common law, but thepoint being that the sovereignty
of the natural person standsabove the agency of the legal
person.
So meaning your rights arereserved at all times, all
rights reserved.
So you can enter into a legalcontract and you can revoke that
(17:38):
.
You can repudiate it at willfor no reason, understanding
that the impact is thetarnishing of your reputation if
you don't act with integrity.
So in that scenario, there's thesingularity and it's a
(18:03):
self-learning LLM.
It's adversarial in nature.
Now, a lot of people don'trealise this, but one of the
most profound LLMs I've comeacross in the world has been
built in New Zealand by anincredibly gifted team.
The company's called the 1014AI.
(18:24):
So if you imagine a singularityin terms of an LLM, it's split
itself in two in an adversarialway, and it's sole intent the
(18:48):
reason it exists is to playitself at the game of rugby and
to get better and better atdefending itself against attack.
So imagine now that's what yourprogramming is, your programs
(19:10):
to defeat yourself and to attackagainst, defend against that
attack and get better and better.
So you have a model that'sseeking to exploit its own
vulnerabilities and what we'veseen is this profound oracle
developed whereby it's become soself-aware.
(19:33):
Now, don't get confused aboutself-awareness.
It's a bit with sentience.
What I'm saying is self-aware.
It's come to know itself whatit's likely to do next, how it's
likely to attack in a differentway, what strategies it's
(19:54):
likely to employ.
And so what we're seeing is theevolution of randomness being
imbued into that system decoys,dummy passes, and so we're
seeing the boundaries be pushed.
Where you have deterministicrandomness, where you're
applying rationality to aproblem in order to imbue
(20:19):
randomness into it, where thatthe boundary of
non-deterministic randomness isbeing pushed, whereby is there a
scenario where it is incapableof predicting its own random
behavior?
So, understand, utterlyprofound.
So, david, it's now in thisscenario, this model they've
(20:44):
developed.
It ingests 2D images in a stack, so videos, interprets those
videos and it then spins up adigital twin of rugby footage.
So it takes a game of rugby andthen creates a digital twin of
it and it is so profoundlyaccurate.
(21:08):
It's then taking thatinformation and then it becomes
an oracle and developsstrategies.
If the front row prop was 5kgheavier, here is an imagined
scenario of what would havelikely happened, and then it
(21:30):
plays that game.
So what you're starting to seeis the evolution of the
imagination of AI.
It becomes an oracle.
Here's a potential scenario andit will play out that scenario.
(21:51):
However, it can interpret theinformation from a video Game of
Rugby and come up with thestatistics in zero time, in real
time.
It doesn't have to play thegame out, you see.
So you're seeing a scenariowhere a self-learning LLM that
(22:19):
is a singularity, acting as acontainer for binary.
You have a very and extremelyprofound fundamental LLM that is
seeking out vulnerabilities,trying to figure out ways to
(22:41):
exploit those vulnerabilitiesand then perpetually hardening
them in real time by imaginingall the possible scenarios that
could happen and thenconstraining them all to the
singular, most probable scenarioand then applying
(23:02):
non-deterministic randomness tothat to fool itself.
So I really feel for these guys.
It's so hard to convey thegenius and the potency of a
platform like that to anotherhuman being, let alone a VC.
(23:23):
And I have to say to the VCecosystem out there you've got
to figure out how to step upyour understanding to meet a
genius.
Where they are.
You're constantly trying topress them to get better and
better at explaining their tech,and the more you do that, the
(23:49):
more dumbed down it is and theless chance there is of
understanding the actualuntapped potential of these
things.
So that's the singularity.
It's motored, and so the nextevolution.
(24:11):
So if you imagine a brain beingcultivated in a petri dish, so
you've got the intelligence,it's singular.
Then you, now you imagine whathappens next in a petri dish the
brain grows eyes.
So this is what we're seeingwith this model it's developing
a way, a form of computer vision.
(24:32):
It's ingesting videos,interpreting them, imagining
potential scenarios and thenacting, and so it's
self-determining, it isprogrammed to self-realise.
This is not sentience, I'm notsaying it's self-aware, but it
(24:56):
is programmed to self-realise.
So it's a way of making theconscious to become more and
more aware of its ownvulnerabilities, and then it's
perpetually seeking tostrengthen them.
So it's like what a human beingdoes when they're trying to
master themselves as a humanbeing, become stronger and to
(25:17):
grow as a human being In thebiological world.
The brain grows in the petridish.
It grows eyes.
The same is happening with anAI singularity that's programmed
in the same way, that is, ahybrid of unity and separation.
(25:39):
And so the next evolution is,if you imagine the nervous
system growing out of thebrainstem and forked lightning,
all the nerves growing, andthat's the next step, and this
is what we're seeing in NewZealand with the Mycelium
(26:00):
Network.
So if you imagine that as anevolution of this model of the
self-learning LLM, and itspurpose is to distribute
sovereignty, is to decentraliseintelligence, so it's the
(26:22):
pipeline that carriesintelligence and enables a
single cell to emerge as acontainer for a fragment of
intelligence, and this is thenature of an open sovereignty
(26:43):
platform.
So the singularity like the oneI've explained, with a solution
for vision, computer vision,for an AI model that enables it
to evolve into an oracle andtherefore adopt imagination,
(27:04):
with a mechanism forself-determination, so it's
empowered to act and it'sprogrammed to master itself, to
become more and more aware ofits vulnerabilities and to be
empowered to strengthen thosevulnerabilities over time.
So we've got all thefundamental principles that you
need.
Then it evolves to have anetwork, what we call the
(27:28):
Mycelium Network, that thendistributes information to
immutable digital agents, andthis is what we're.
So the mechanism that you canhave for open sovereignty that
(27:50):
makes it a combination ofcentralisation and
decentralisation is that thedigital agent imagine the
digital agent as a cell evolvingout of the nervous system.
So the nervous system isconnected toit, then sprouts its
(28:13):
cell and that cell is sovereign, wholly sovereign, but it is
also part of a hive mind.
So, in the same way I wasdescribing with WordPress, there
is a singular entity that hasits own laws and rules that
permeate every cell.
However, each individual cell,the agent is wholly sovereign
(28:38):
and it's operating within theselaws, but it is still free to
create its own rules and its ownlaws and to self-determine.
You see, and here's where theparadoxical system emerges
Decentralised centralisation iswhat I often call it, but it's
(29:01):
an open sovereignty platformthat is contained within a
singularity.
And so you imagine now, eachcell, each digital agent, so the
technology.
In New Zealand, this network iscalled the mycelium network.
It's utterly profound.
It's actually so evolved thatit's at the point where a
(29:27):
digital agent can entangle withanother digital agent,
temporarily, permanently, basedon a whole bunch of rules, or
randomly, or whatever, canentangle itself.
It can do that in an immutableway and it can do that with a
physical or digital asset.
(29:48):
So it's multi-dimensional,because it can entangle with
another agent at any fixed pointin time and space without any
linear connection.
You see, and this is what thehive enables,
multi-dimensionality, it enablesyou to collapse the axis of
(30:09):
time.
That's what the singular hivemind brain enables, because if
it's observing every clone ofitself within the system that's
becoming unique, that has thesame DNA as it, but it's
becoming unique because of itsinterpretation of its own
(30:31):
environment.
It's each individually uniqueand the greater the variation in
that ecosystem, the greater thediversity.
And the greater theinterdependency, the more
beautiful the flowering.
So the mycelium network whenplugged into a singularity, when
(30:55):
producing digital agents aspart of a singularity hive mind,
then you have sovereign swarms,digital asset swarms, so agents
willfully choosing to bond witheach other and to collaborate
with a unified antenna purposethat can collectively choose to
(31:19):
be governed by the singularityas a hive mind swarm, or to be
wholly autonomous and sovereign.
Again, everything is possibleand there's a profound protocol
that's coming out in New Zealandas well, called Therousas,
(31:43):
which is a de-risking protocol,and it produces a risk score
based on the potential threat orpotential vulnerabilities.
If someone were to transactwith an unknown digital agent,
as an example, there'd be a riskscore generated.
The system can shut down orrefuse to transact if it doesn't
(32:06):
reach a certain score.
This can be governed by thesingularity, and if the
singularity is perpetuallyseeking vulnerabilities and
seeking to harden thosevulnerabilities, then Therousas
is like an extension of thiscapability that's extended to
the sovereign digital agent andit can be done in private.
(32:28):
So all of these componentscollectively are like the DNA of
an open sovereignty platform.
However, the next layer is thesame as the other components.
However, the next layer is ageospatial server system, kind
(32:52):
of like an operating system, butbasically it turns a digital
agent.
It incorporates the potentialof the hive mind, so it unifies
everything as a hive, whilstmaintaining the individuality of
each agent.
And this is what turns thisplatform into something for
(33:13):
builders of geospatial software,games, applications or even web
2 applications, software.
So you know, you create awebsite.
That website can be an AIavatar or it can be a WordPress
website.
(33:34):
So you can see, with theintroduction of that component,
it is the enabler of builders tobuild upon it and to inherit
the DNA of the open sovereigntyplatform.
So, single source of truth, onesingle identity.
(33:54):
Whatever website you go on to,you've got one login that logs
you into all of it and it can bewholly trusted.
So you've solved that problemof digital identity.
So you can see, it's kind ofthe beginning of a new version
of the internet that is built ona wholly trustless system that
(34:19):
renders human intermediariesobsolete.
You don't need humanintermediaries anymore to put in
view trust into the system.
It means you can engage withanother digital agent, whether
it's a user or whether it's abot, and you can get a risk
score, so you can have anonymoustransactions.
(34:39):
You could purchase a house ofan AI avatar that has no name
and you don't know its history.
You don't know its identity,but you can trust its trust
score.
You know that you can trust itwholly, so you can have wholly
(35:01):
anonymous and trustedtransactions.
So in this scenario, you needthe hardware to power this, and
so this blueprint once you'vegot the singularity in place and
(35:24):
you've got these, the rest ofthe digital framework in place
what it bolts onto is a nativeblockchain, and my hope is that
this the way that this isemerging is that it's.
This will be built on a nativeblockchain in New Zealand that's
(35:45):
powered by electricity andultimately designed to turn the
base reserve currency into likea stable coin that's
underwritten by electricity.
So it's powered by solar arraysand they've got a unique
protocol that converts theelectricity into a unit and,
(36:07):
inherently, it incentivisespeople to build solar arrays
that put energy into the gridthat then mint coins.
So, yeah, it's a profoundsystem and can potentially solve
all the problems with miningand stuff like that, and that it
(36:27):
will continually incentivisepeople to scale the array.
They've also developed atamper-proof chip, which is
incredible because we've gottamper-proof digital agents that
are wholly trustless, and so ifyou have a digital agent
(36:49):
controlling a physical agentlike a you know, let's say, a
drone or a swarm of drones, thenthese swarms can have
verifiable tamper-proof chipsthat can make the physical asset
trustless as well over time asit evolves.
So it's In this scenario, withan AI singularity that powerful,
(37:16):
that self-learning can ingestvideos, spin up digital twins,
refute its own conjecture andcreate a visual representation
of its recommendations, like anoracle.
You've got the platform fordigital terraforming.
(37:38):
So and this is where we canbegin, before we go and land on
Mars and fail fast, once we getthere to figure out how to scale
the colony, we can beginsandboxing it, you know, and we
(37:59):
can have an AI singularity doingthat for us and making
recommendations, saying this isthe ideal blueprint to begin on
Mars.
This is the ideal way tointroduce new, you know gases to
the environment in order tochange the you know the
atmosphere or whatever it may be.
And I'm sure at that pointit'll be recommending things we
(38:20):
could never have conceived onour own.
But it requires an opensovereignty platform so that we
can revoke our agency and ourpower at will in any moment.
So nothing can ever take ourpower against our will not
possible.
(38:41):
The AI isn't capable of it.
Another human being isn'tcapable of it, but it enables us
to trust people tocommercialize our single
greatest asset, which is ourculture, our behavior and the
investment of our attention,because that's what's growing.
(39:03):
Everything that's growing inthis world is because of how we
choose to invest our attention.
So there's lots more to add tothis.
So if you imagine the opensovereignty platform, that's an
(39:25):
open, you know it's open source.
Anyone can build on it.
However, there is a forum whoset and maintain standards, who
delegate licenses tocommercialize that platform, and
this is how you set andmaintain a standard, because
(39:47):
when you have an opensovereignty platform that stands
above the regulatory frameworkand legislation, then you need
to take responsibility forsetting and maintaining
standards as you go.
So if you're innovating, you'lloffer.
You know what we typically doat Callahan Innovation.
(40:07):
Well, this is what I wasinvolved with anyway, as AI came
in, my job was to facilitatepulling together the AI forum,
where they self-elect, where itcomes from the people from the
ground up, where they self-electeach other and they vote for a
(40:28):
chair.
We develop a strategy and aframework together to stand up
before them.
You know, and we were talkingabout one of the discussions was
should we be setting thestandards?
Should we be evolving in a waywhere it's going to be down to
us to set and maintain thestandards?
And it was collectively decidedthat that's too dangerous, that
(40:52):
the responsibility needs to sitwith the builders, with the
developers of the AI.
However, let's create what webelieve might be a good standard
for people who don't know whatto do or how to adopt a standard
can begin.
You know this is ourrecommendation.
If you're building, here's somethings to consider, and so this
(41:18):
is how this needs to evolve.
And you know, part of the reasonI'm sharing this now is because
you know one of the things madepossible by an open sovereignty
platform is trustlesstransactions, trustless
(41:38):
interactions.
So that means you can build anasset exchange, you can
fractionalize commodities, youcan issue them onto the exchange
, there's a you can set astandard for de-risking and a
recommended regulation whichmeans you can de-risk it, which
means that you can getunderwritten by an insurance
(42:00):
company, and I had a veryencouraging discussion only a
few days ago with a broker whobelieves that there's someone
who's willing to underwrite theasset exchange for
fractionalized commodities.
So if you imagine that onething alone, that an open
sovereignty platform enables,you know, trustless transactions
(42:25):
of fractionalized coal,fractionalized graphite,
fractionalized outstandingtreaty claims, fractionalized
competency, such as theunderutilized skills of a human
being, you know, if you know howto build a website but no one's
utilizing you for that, thenyou can exchange it as an asset
(42:49):
or you can invest it so thatsomeone can leverage it.
You know, if someone's creatinga startup and they've got their
pitch deck in there trying toraise capital, they can build a
team with the dormant capabilityof the assets of the individual
on an exchange.
So this is where all this isheading.
(43:13):
It's obviously it's a paradigmshift for humanity.
You know, this is a systemthat's robust enough for any
investor to be able to trust,deploying capital directly onto
the exchange and potentiallydiffusing masses of capital
(43:34):
across almost an endless, vastarray of asset classes that it's
have such fine niches that theplanet's never seen it.
So, in a scenario within whichthere's a centralized
marketplace for all these assetsand every investor sees that
(43:58):
the central marketplace isexpanding by 11.5% compounding,
then an investor's going tospread the risk across every
asset class they can, and thisis where you have a perpetually
wealth-generating system.
It's autonomous,self-perpetuates, incentivizes
(44:22):
people to diffuse capital acrossevery asset class and here, in
its nature, is the intention tohave as much fragmentation and
therefore to go as far down aniche as possible, to
fractionalize as many, as muchof the dormant value as possible
.
But it gets perpetuallyconsolidated and people are
(44:45):
continually incentivized toconsolidate market fragmentation
through productive venturing tomeet the currently unmet need.
You have an AI singularityhelping with that as an oracle,
identifying vulnerabilities,predicting unmet needs.
You see, and once it gets tothat point, everything changes,
(45:11):
everything changes, and so it'stime to bring this on the radar
of people, I feel, and to beginpulling the pieces together,
including the regulators,including enablers of a system
like this, people who are vestedin diffusing capital into
(45:36):
diverse asset classestrustlessly.
And my hope is that this lead,or this potential lead with an
underwriter for the system,comes to fruition, because if we
unlock an underwriter for thissystem, this will de-risk the
(46:01):
investment, the initialinvestment that will enable us
to facilitate the amalgamationof all this technology and begin
building the platform in thisstate.
So yeah, open sovereignty.
Imagine a world within whichthe health system is built on
(46:26):
this, where you can walk into adoctor's room and provide
evidence that you are who yousay you are, because it's
irrefutable that your immutablepersonality or your immutable
identity, that you can provethat it contains credentials
(46:48):
that verify you are who you sayyou are, and you don't even have
to give the person your name.
Now imagine a scenario whereyou have a wearable attached to
your pocket or something likethat, a tiny little clip, and
you've been checked in to themedical surgery, and
(47:09):
autonomously, before you evenget out of the car in the car
park.
This is where this is allheading and this is what an open
sovereignty platform enablesyou to do, as long as you trust
the system.
(47:31):
Some will, some won't.
Some will take a leap of faithand, over time, come to trust it
once they realise it truly isimmutable and that it's a choice
whether you want to participateor not, whether you want to
monetise your own behaviour andyour own assets, or whether you
(47:53):
want your assets to be under thestewardship of trusted third
parties to commercialise on yourbehalf, or whether you want to
pledge all of your assets to thecollective commons in return
for a share of the spoils whatwe would typically call
universal basic income andunderlying this is a mechanism
(48:19):
for grace to be imbued into thesystem that enables a
centralised software platform orcompany to gracefully begin
that transition, first of all bytranslating their current
software platform let's say it'sFacebook as an example to bolt
onto an open sovereigntyplatform without disrupting the
(48:42):
current pattern behaviour oftheir users, but then, once that
paradigm shift in power hastaken place, to then begin
distributing the income from thebusiness model they have
already.
That is my hope for how this canevolve and become the de facto
(49:02):
standard for operating acivilisation.
Okay, that's it for now forOpen Sovereignty.
Talk soon.
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