Episode Transcript
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Speaker 1 (00:00):
Parents, this is for you. Listen up, share it with
your kids. Kids. If you're listening, I want you to
pay attention to the story. If you're ten to seventeen
years old, even eight to seventeen years old, pay attention
to the story. Meta to the old folks Facebook, this
is out two hundred and fifty million dollars. It's quart
(00:21):
of a billion dollars to not a fifty year old engineer,
not a forty year old, not a thirty year old,
a twenty four year old AI whiz kid. We have
reached the climax of the revenge of the nerds. Whose
stories I'm going to give you. That's one of them.
The other one, I tell you you will be shocked. Rob.
(00:42):
Can you pull up the New York Post story first,
and I will go to the Wall Street Journal story. Parents.
Listen up, parents, watch this. So Meta offered this twenty
four year old researcher, Matt Dikey. I'm going to pronounce
the last ning properly. I didn't say, I said dee
itke a two hundred fifty million dollar compensition package, doubling
(01:04):
an initial offer of one hundred and fifty twenty five
million dollars offer after he, who dropped out of a
University Washington computer science doctor program, turned it down, with
Professor David Author and economist at MIT, telling the Post
on Friday, when computer scientists are paid like professional athletes,
we have reached the climates of revenge of the Nerdsdit,
(01:27):
who led development of the Momo AI chatbot at Seattle's
Allen Institute for Artificial Intelligence, co founded VERSEPT, a startup
focused on autonomous AI agents, joined Meta Superintelligence Labs. His
work on three D data based data assets and multimodel models,
literally says multimodal models earned an outstanding paperward m twenty
(01:51):
twenty two met us aggressive talent acquisition, including a billion
dollars spent to build an all star AI roster, sawdake
deal as one of the largest incorporate history, with ROAMINGK. Pank,
former head of Apple AI Modern Teams, also lord four
hundred million dollars. And by the way, all of this
stuff that was said, that's not even the biggest one.
(02:13):
Rob Can you go to the Wall Street Journal one
look at this one. Folks. Thanks for your billion dollar offer,
Mark Zuckerberg, but I'm going to pass. What did you
hear this guy gets a billion dollar job offer, and
he says no, look at our story. The loyalties and
larger than life figures prompting some people to turn down
(02:34):
insanely lucrative offers in Silicon Valley. He offered originally Court
of a billion dollar compensation package potentially worth one and
a half billion dollars over six years, to Andrew Tullock,
a leading research and co founder of Thinking Machines Lab
founded by former OpenAI chief technology officer Mira but Tulac
(02:55):
and all colleagues rejected the offer. Zuckerberg initially tried to
buy Thinking Lab Machines Thinking Machine Labs, and after Marathi
declined that, he targeted over a dozen of its roughly
fifty employees, with Metal spokesman Andy Stone calling the offer's
description inaccurate and ridiculous, noting compensation depends on stock performance.
(03:15):
Professor David Aufter and MIT economists told the Post when
computer signed was the same line that we got here.
So Tom Court of a billion dollar a billion dollar
offer gets turned down. What is going on here with
these engineers?
Speaker 2 (03:27):
Well, let's go find out what's going on with these engineers.
Here's what's going on. With the engineers. There is an
AI land rush that is going on right now and
Meta and here comes This is the biz stock quick
case study Meta. For two years, we've been seeing more
headlines Vinnie about people using Facebook in its old way,
(03:47):
or have we been finding man, this is bad for girls,
this is bad for young kids. Fourteen year old shouldn't
be on this. Australia slams Mark Suckerberg's hand in the
door with legislation, remember that under sixteen going on that.
So guess what Meta has to get in the game.
They create the super Intelligence Lab. Google has Gemini, and
(04:10):
Google's market cap right now, I'll tell you in one second.
Google market cap right now two point three six eight trillion,
Meta only one point nine trillion, Microsoft four trillion. So
you've got Google is running Gemini, that's their play. Microsoft
is putting Autopilot everywhere. You can't get away from Autopilot
(04:33):
keeps showing up everywhere you're going. And so Meta has
to get into AI race and they need to have something.
Mark Zuckerbert says, it's going to be the super Intelligence Lab.
That's what our product is, that's what our play is
going to be. And they have poached a big guy
from Apple two and a half weeks ago. Now, then
let's talk about that's what's happening. So they're poaching talent.
(04:55):
Silicon Valley has been poaching talent forever. Used to during.
Speaker 3 (04:58):
COVID, you would We talked about it on the podcast.
Speaker 2 (05:01):
During COVID, we talked about pat at lunch, a guy
would walk across the street and have a fifteen percent
bigger offer, come back to his boss and say, hey,
at lunch, ran a guy in line at Quizno's and
I could get instead of one fifty, I could get
you know, one seventy. What do you say, Hang on
a second, all right, we'll give you one seventy five
to stay, and all of a sudden you had a
lunch raise. But now those days kind of ended. This
(05:25):
is the land rush. So why are these numbers so big?
Because they're putting stacks of stock in front of them, saying,
you know, by the way, these are half million dollars
and million dollar salaries that are underneath this. These are
big salaries. But then they're putting the stock on top
of it. And the compensation guy there met us said,
hang on, man, you were also reporting.
Speaker 1 (05:46):
He was correct.
Speaker 2 (05:47):
That quote that was at the very end of what
Pat just read said, Oh well, there's a lot of
stock here, and you don't understand about the future value.
It could be this, it could be that, or it
could be billion bucks. But they that doesn't change the
fact that they're making big, big offers and Meta trying
to get superintelligence going, competing with Gemini, competing with Perplexity,
(06:08):
competing with Autopilot, and with Facebook getting pressures internationally on usage.
This is basically Mark Zuckerberg's next innovative campaign and next product.
Speaker 1 (06:19):
Thrust Adam your thoughts.
Speaker 4 (06:21):
The first thing that comes to mind is, let's get
those nerds.
Speaker 3 (06:25):
Have you ever seen the movie The Revenge of the Nerds.
It's the best movie.
Speaker 4 (06:29):
It's amazing's underdog story where these bullied nerds basically get
their revenge on the jocks.
Speaker 3 (06:39):
You like the booger.
Speaker 4 (06:40):
There was a guy ogre right, These guys, these nerds
end up out smarting, out hustling, outwitting out partying the jocks,
and they end up getting the girl, the notoriety, and
then they win the competition in the end. But long
the message here is that over time, if you play
the long game, brains are going to beat Braun every
(07:03):
single time. The pocket protector, so to speak, is going
to beat the helmet and the pads.
Speaker 3 (07:09):
So for the young people out.
Speaker 4 (07:11):
There that are looking to be cool and party and
have all the fun, play the long game. Because there's
someone who sits very close to me that I see
all the time, and I go, look at this guy.
He's a multi millionaire, he's got a family, he's got kids,
and I guarantee you he was rooting for the nerds.
Speaker 3 (07:31):
Over the jocks. Isn't that right?
Speaker 1 (07:33):
Tom?
Speaker 2 (07:34):
Absolutely, I was a nerd. I wasn't a computer science
I wasn't a coder, but I was a nerd.
Speaker 3 (07:45):
Tom, there's a girl.
Speaker 4 (07:46):
Dad, I'm sort of a dads are throwing themselves at fifteen, Tom,
walking through the lobby yesterday, girls are throwing them Adam
had to stop.
Speaker 1 (07:57):
Jumping on. Tom.
Speaker 4 (08:01):
Tell your story being Revenge of the Nerd versus jock.
I can assume I could see you being part of
Lamb the Lamb the lambd Omega mew.
Speaker 3 (08:08):
Well, I yeah, I'm more of a geek than a nerd.
What what's the difference in a geek and a nerd?
Speaker 2 (08:15):
Well, so geek is kind of a Nerd is kind
of as revenge of the nerds. The guys that were
programmers and all that. The geeks are the kind of
the people that are friends of the nerds, understand them,
and they propel the nerds forward because they know what
their capabilities are. So we are there to say we
will follow me, Nerds. We're going on the top of
the mountain. I love it.
Speaker 4 (08:36):
But never seeing the movie mean Girls, when she goes,
I'm not just a mom, I'm a cool mom. Here's
what I'll tell you. You're not just a geek. You're
a cool geek. Tom, thank you very much.
Speaker 1 (08:44):
And Adam watches have a daughter taking that one. That's
what It's a great movie. Let's uh. Out of everything
I learned there, he doesn't watch this school. Good game
quick by the way, Oh my god, we'll do entire
second so break down. Addicted to this season one. My
(09:04):
son comes back from three weeks at one of these
schools where they do this kind of stuff. You know
what I'm talking you know, he come president, He comes
back and he introduced me to squid games. We finished
season one. What I'm gonna do an entire thing. I
don't even want to get into it. It was I can't
(09:25):
I can't even tell you. Episode six and nine were ridiculous.
Episode six and nine were ridiculous.
Speaker 3 (09:31):
Which are the two numbers?
Speaker 1 (09:32):
Six and nine. We're ridiculous, I'm telling you, and I'm not.
I'm not joking with you. Those two episodes were ridiculous.
Summer is here, Future Looks Bright, Giar. We have the
matching shirts with the hats gang so Rob, if you
can go to it where people can see it, no,
you just had to go. Uh if you go back
one where it shows the homepage right there, so the
matching if you can shop the collection, the hats, the shirts,
(09:56):
the colors matching with each other. This is the shirt
that Vinnie wears, the black Future Looks Bright shirt right
there with the sliber one. Every time I see it
because that's elevated, right, it's raised. It's six. So if
you go up a little bit, I don't know if
that one's an elevator or not, go a little bit higher.
Rop with the hats the other way, Rob, if you
ca oh, those are the ones that are elevated. These
are so sick. Look at that matching. So summertime, go
(10:16):
sports your future Yesterday we're walking on Vegas. Guys, got
Value Tament shirt on Valuetament hat sound It's awesome. Now
we're seeing it all over the place and I'm getting
a bunch of pictures being sent my way. So go
to et meerch dot com place your order and number two.
We are officially. We were at Gaylord last week Orlando,
at the conference where the All Conference will be held,
(10:37):
and at the hotel where the All Conference will be held.
We are officially thirty five days away from nearly twelve
thousand people coming together at the All Conference at the Gaylord.
The hotel looks amazing. The number of networking opportunities absolutely insane.
Whether you're in AI, real estate, private equity, you're trying
to raise money, you're trying to deploy money to some people.
(11:00):
Right place to come. If you haven't yet bought your tickets,
the top two tier tickets are about to sell out.
Of course, you can get your general tickets, but the
best tickets are typically the executive and the sealed founder
foyd to sit closely on network with others. There's gonna
be a lot of big announcements that will be making
Tony Robbins will be there Martha Stewart will be there,
David Falk will be there, and a couple other surprises
that will only be revealing while you're there. If you
(11:22):
haven't yet registered, go to the Vaultconference dot com. Once
again to the Vault Conference dot com. I believe the
prices are increasing this Friday, so get your tickets before
the price is increased by the end of this week,
and get your hotels's way as well at the Gaylord,
because everybody will be there. If you enjoy this video,
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