17 Burst results for "human ventures"
"human ventures" Discussed on Uncensored Advice For Men
"Men. Josh here i'm your host If you are a dude and you wanna sit in live on these interviews head on over to the facebook. Group uncensored advice for men You can ask your questions to our guests as they're gone on live it's a it's a private group and You could ask questions that are important to you. So we've had guests talking about you. Know relationships belief systems failure pivot all sorts of things that uh guys face so once again head on over to free group. There's nothing to sell them. They're not trying to push anything. It's just so you could engage with our guest live on today show. We have angel. Angel is the ceo confidante angel. Welcome the show. Thank you thank you for having me here today. Josh obviously thank you everybody. Who's watching today. Yeah all right so tell us a little bit about. You know who you are what you're doing and i've got some really fun questions. Okay to ask you today wonderful. I can't wait. wait so basically you will. You will realize. I have a funny accent. It's a mixture dolph. Probably the eight countries. They've lifting originally from spain. It was born near barcelona. I ended up in plano. Texas not dallas those of you that know dollars access planning's international community north of balance which the law does a very international community with lots of headquarters and everything. so basically. here's i was working in corporate in the corporate world for a long time i left. I left You up in the nineties and basically where today's very simple is number one consulting firm what we do is we both corporate ceos on established enterpreneurs. They hire s to bridge the gap globally for expansion and exposure as a way to accelerate the girls of businesses. I was blessed enough to be able to work. More than incandescent business in more than thirty three countries and held more than fifteen hundred you know companies and their c level executives. And that's why. I decided to do what i do today. I think that going global is a great way to take your business. Global to other geographies is a great way to accelerate its growth and that could be more couldn't be more relevant than you know with with the wall. That's happening right now today. Right and the second thing i know is excuse me is that i was exposed to at least in latin america prevent years in business for a long time i was. I was exposed to poverty that i decided to launch. Go along with a friend of mine. Eight thousand and seventeen was we launched phone dacian. It's an international dacian. It's a charity on. Its wisdom for kids and what we do. Is we help underprivileged kids. And latino money cubby comments with preneurs using the local resources. Okay so that's my life and he's view. See you know very often. I mean. I just almost read my bio right but i like to say that i'm basically the connected with the unconnected on. I mean this world to be the connector of the unconnected connected. That's who i am to be able to be really the conduit. I consider my businesses my foundation on myself to be the conduit of everybody else's greatness. That's awesome now. The name of your company is the ceo there. Why did you choose that name. Yes so it's funny. So i'm doing business as the ceo confident. That's my brand exactly. My name is angel reboot by the name of my company. Interestingly enough his divine human ventures divine human ventures and. I mean i. I love it. I just love it because i consider myself to be. You know i a you know. Just a spiritual beings having a physical experience in this world with all of our flaws and mistakes and failures right but we are still spiritual beings. And we're here for a purpose right and they. I picked the ceo confident doing business device. Human adventures is..
"human ventures" Discussed on Art of the Hustle
"It's <Speech_Female> <Speech_Male> <SpeakerChange> it affects <Speech_Female> in disproportionately <Speech_Female> affects women <Speech_Female> so something that's near and <Speech_Female> dear to my heart ed's <Speech_Female> home they're growing <Speech_Female> rapidly so <Speech_Female> those are the types of investments <Speech_Female> that we make <Speech_Male> an <SpeakerChange> founders <Speech_Male> that we back <Speech_Male> that's awesome. <Speech_Male> That's really <Speech_Male> cool <Speech_Male> Well i really <Speech_Male> appreciate you taking <Speech_Male> time to be on the <Speech_Male> program and <Speech_Male> i really have always <Speech_Male> been inspired by <Speech_Male> not just <Speech_Male> the work that you do <Speech_Male> and the creativity <Speech_Male> that you bring <Speech_Male> to it. But <Speech_Male> you're just awesome every <Speech_Male> time that you're ever <Speech_Male> in a room where <Speech_Male> people always <Speech_Male> feel better <Speech_Male> feel brighter. <Speech_Male> You're a true <Speech_Male> peace heuer. <Speech_Male> It's pretty incredible. <Speech_Male> I've never <Speech_Male> seen you <Speech_Male> seem like your <Speech_Male> heartbeat is up <Speech_Male> whatsoever <Speech_Male> in yet like you've <Speech_Male> been constantly <Speech_Male> increasing <Speech_Male> speed while decreasing <Speech_Male> tensions since we've become <Speech_Male> friends so <Speech_Male> it's <Speech_Male> it's it's <Speech_Male> been a really remarkable <Speech_Male> thing to see <Speech_Male> and i just <SpeakerChange> i'm a big <Speech_Male> fan of yours. <Speech_Female> It's incredibly <Speech_Female> kind of journalists <Speech_Female> Day will <Speech_Female> reiterate <Speech_Female> that said <Speech_Female> this before but the community <Speech_Female> that you've built <Speech_Female> really. I attribute <Speech_Female> anything in <Speech_Female> my career. <Speech_Female> You know <Speech_Female> ten years to <SpeakerChange> the <Speech_Female> community <Speech_Female> the people that <Speech_Female> you curator amazing <Speech_Female> and the <Speech_Female> intention that <Speech_Female> you have you started summit <Speech_Female> religiously through <Speech_Female> everything you do <Speech_Female> every iteration <Speech_Female> of what you <Speech_Female> so. I'm honored <Speech_Female> to be a part of <Speech_Female> the community <SpeakerChange> and <Speech_Male> talking to you today <Speech_Male> or honestly. <Speech_Male> I think like your parents <Speech_Male> in iowa <Speech_Male> on the <Speech_Male> organic farming <Speech_Male> in mindfulness <Speech_Male> tip. I don't <Speech_Male> think summit really. <Speech_Male> Was <Speech_Male> you know author <Speech_Male> of that. Ethos <Speech_Male> i think it's more of a <Speech_Male> generational ethos <Speech_Male> of <Speech_Male> like our <Speech_Male> generations <Speech_Male> entrepreneurs wanted <Speech_Male> those <Speech_Male> priorities. Listen <Speech_Male> if it was nineteen <Speech_Male> eighty eight. <Speech_Male> I'm sure i would have been <Speech_Male> on some <Speech_Male> fox shit right <Speech_Male> you to <Speech_Male> <SpeakerChange> pursue a <Speech_Male> whole other <Speech_Male> lifestyle like <Speech_Male> we wouldn't have the same <Speech_Male> inputs we wouldn't <Speech_Male> have seen sort <Speech_Male> of like the <Speech_Male> excesses that <Speech_Male> bring you know happiness <Speech_Male> right like so <Speech_Male> so ultimately. I think <Speech_Male> that we got really <Speech_Male> lucky that we had <Speech_Male> great mentors early <Speech_Male> on it. <Speech_Male> And and you <Speech_Male> know i think that <Speech_Male> like you're talking about <Speech_Male> Skating <Speech_Male> to where the puck's <Speech_Male> going it sounds like <Speech_Male> you <Speech_Male> grew up <Speech_Male> at the iceberg <Speech_Male> that ended up <Speech_Male> <Speech_Male> becoming <Speech_Male> the rivers right like <Speech_Male> it's. It's incredible <Speech_Male> that you've had <Speech_Male> this exposure <Speech_Music_Male> <Advertisement> to these things that <Speech_Male> are so important to <Speech_Music_Male> so many people that we <Speech_Music_Male> care about. <Speech_Music_Male> You know for so <Speech_Music_Male> long. I really <Speech_Music_Male> do hope you. <Speech_Music_Male> You know incredible <Speech_Music_Male> success with <SpeakerChange> human. And <Speech_Female> anything else you do. <Speech_Music_Female> Thank you
"human ventures" Discussed on Art of the Hustle
"Seventy percent of men don't even know the different condoms shapes exists trojan. Condoms has over thirty different varieties of condoms to choose from from thin ribs to lubricated non lubricated just to name a few if condoms are to taif you try the fuller fit of ecstasy for that added sensation. Try the textured feel of ribbed. Std's unintended pregnancies or something. Everyone wants to avoid. And there's no other brand to trust then trojan condoms. Condoms have the reliability of a brand. That's done this for over a century. It's all about what feels right for you so head on over to amazon. Then grab a box of trojan condoms and maybe that second box. You've been wanting to try out. I just said that like there's more great ideas out there than there are like people activating on them at the same time. Your idea to probably isn't that great. It's good and it's in the right direction but once you start moving on it you realize that there is like a ton of hair on it right like there's just all these things you haven't considered all these complexities that you haven't put together. And then like no. What the businesses or the non profit or artistic project. It's always just like longer. You assume at first you know. We always underestimate what we can do in three years. And overestimate what we can do in one and you know like i definitely think that you know like for us our with our summit journey we were always really open with are dumb ideas in fact we celebrated them and then you know someone would catch us you know about that talking about it and then give their interpretation or what could work even better and so i think that additive process of like getting to get into a cycle with other people that think entrepreneurially is really really helpful and like the truth is is that most people are risk adverse. You know and like most people that are successful. Pay someone else to help them with their investments to be risk adverse for them right. So it's it makes me happy to hear you talking about you. Know the type of psychographic that you're looking for in the entrepreneurs that you support back was a good point for you. I mean i would turn the question over to you to you. Have seen more founders than than any anybody really. You've created assembled. Such incredible group founders. That was the genesis of summit. Do you see some attributes that you didn't maybe didn't even know at that point. The that's what everybody embodied because at heart tell the bathwater is one. If you're in it have you think about that. Can you identify that energy now. Better because you're around it so much. I would say it's just so different. You said risk tolerance. I was such a cowboy in. So i also am you know hesitant about recommending high high risk tolerance. I almost see it more like being comfortable with being naive in like one. You have to be naive enough to like go into the business and then when you talk to people both your potential customers potential advisors to find the questions that you need the answers to you. Don't know what to ask right like you've just never been down the path. There's like people who've been the game thirty years like you haven't seen shit. There's just no way you could so you know that that beginner's mind that willingness to share what you need like if you said like hey jeff Great to talk to you everything's awesome. It's like okay. Well what is there for me to do in this relationship. Like if you're not willing to say like hey i don't know how to solve this thing and then i'll be like. Oh man i can't wait till like be actually useful and beneficial and you know keep it sorta this triangulation of goodwill this favor economy moving forward in an ecosystem. I love that founder. Economy that's a great way of putting it. We we try to invest portfolio of givers. Because if you have this reciprocity amongst that group of people it's only net positive so we You're absolutely right. They're always going to be individualistic people. Who win. But i think in the long term if you're investing in people who know how to get back to that community it's just a longer term view boy and it's more fun and the seizure and like you don't have to do all the work yourself and i wonder if it's different times in people's lives do like you're more individualistic when you're earlier or maybe not because need more sport and then as you as you get older you understand that it's a long life. Why love the the term that infinite game you know like infinite games. They never end. There's not like a beginning to end a winner and loser and you know. I think if you take the sport metaphor like you're mentioning you know fit. I you want to hit the game. Winning shot be the star player. And then you're like man that's really not scalable like you can build stone. Buildings not skyscrapers where you're the key man or woman because like your time isn't scalable so then you have to learn a whole other skill set which is like managing strategy scaling a business and then you realize that like there's just always a factor above the sport or the game that think the iran. So i've just i. That's my favorite part of the entrepreneurial. Journey is just like you know. Kind of like inner discipline multidimensional multidimensional chess in the sense. You know it's like just just the most fun most sort of intellectually challenging game and like there's physical limitation if you're if you're lucky you know like certainly like there's there's if you if you if you don't have any sort of mental issues like you you don't you know we all cap out in. Pro athletes are really pro. Athletes like they are top. One percent physical human specimens to begin with the mental game in. Oh so so you know for us for all of us. You know human humans out here you know. This is the thing i'll say. Is that like plenty of like not that brilliant people that are way more successful than us like it's not a direct correlation with having to be like a genius or having to be like the most likeable person in the room. Plenty of very normal people that have had a good idea and absolutely crushed the game. I agree. I think if one quality that i that i think is is just massive insatiable desire to grow it's just constant growth and roast is not is not always comfortable right but i think we and i see this company can only grow as fast as the human. So you asked me about meditation to like if you're on a journey of self actualization you're constantly going to be asking curious asking those questions. Every investor talks about it in different way curious you know rapid Raider growth whatever it is but it's really the quality that you don't know anything in this moment you less than you did ten minutes ago. It's still asking that question all the time yup totally and for you what what are you. What are you seeking at this point like. What are the things that you hope to bring more of into your life because a bunch of it i think by personal impersonal. Why is really picking stock in people. It's it's how can you give resources to people who think are best suited to be the catalyst to bring us into fruition. There's nothing more satisfying than backing somebody with. Nobody else sees it yet. And if you really good at this for for multiple decades. So i could kidding myself here. But i've more than once felt that gratification of understanding. Somebody's value before the society proves it out social for it and giving them the resources to be able to build on it. And then you know the x. So satisfying i love it. And so if there's any way that i can play in small part in being a boost for for that genesis of an idea coming to fruition being company s why is the commercial aspect of how to do that as a job And i also love to see what new things entrepreneurs are tackling. When i started investing when i started adventure impact. Investing wasn't even a thing. I was investing in now. The leapfrog that where it's just if they really conscious founder In on paper what are some of the most successful investments that you guys have made so far like what are some of the standout companies. That's a good question we have. We've known the founders of skin for a long time invest in their company weep on kevin minhsiu from news. she's also part of community. We seated varela stages of a company called current which is smart banking platform. That's grown phenomenally. Well a lot of our companies are still early. So they're not household names yet but they're getting their tiny organics is a baby focusing on or a great. Oh when i'm very excited about. Its paloma health and their digital health platform for testing and diagnosing viral challenges. You know they've created incredible community based healthcare plan for an increasingly diagnosed disease and.
"human ventures" Discussed on Art of the Hustle
"Let's make home care better together. Talk to us about the future of work because we've talked around it a little bit but i want impact that further because i think that's something on everyone's mind. Yeah definitely the the feature to us. We have four categories that were most excited about and we say unsurprisingly into the future work as human so the areas that we are really excited about one newark armaments self explanatory. We have you know we're not going back to the same way. It was and the the next one. I'm excited about recalled. Lifelong learning the education system is going to be changing online. Education could be just as sufficient. I think people are going to think about certificate programs a lot more than four year college education if that gets them. The job revenue-sharing i essays are becoming income. Share agreements would become something. That's more popular so all those structures lifelong learning. What is not what what is going. Come share agreement income Agreement is just basically that Can you have a discount on an education platform certification course in exchange for sharing your future her future portion of your income and i think people have tried this for a different various ways. Another public companies like lambda one job easy. That's coming up. People are dead finding ways that you can ensure an increase in your income coming out of certification program and for that you're willing to rep share essentially your future income and he is really interesting. You're betting you're betting on people picking stock on in people in. That's been a thesis of mine for a long time. The third bucket. I love is we call redefining the resume so for so long. The resume bank. Dan were you've worked is what defines you and i think that's definitely going to change the career ladder so to speak is now looks like lattice and at what point. Are you mapping your skills to a whole new career. People change a career now three four five times in their lifetime as opposed to a previous generation. The last one is worker wellbeing. So how is your company organization. You're a leader. How how is your mission. Satisfying what is it. What role does it play in your your employees life because there's a lot to now so those are the areas that we're really excited about. We have eighteen founders right now in the humans in the wild program who are tackling various Challenges around those for forbid buckets. Let's talk about access in of like you know who is getting these investments. I don't i might be setting you up for you know something. That's embarrassing so i hope but i just know anybody personally. I imagine that you're very thoughtful about investing in diverse in gender diverse in economically diverse international entrepreneurs. But talk to us about how human is democratizing. That access to founders. It goes back to his in philosophy that you're talking about that it's not even it's the right is the right thing to do. Definitely be quality and we're so far from from equity and in quality the this is also where there is so much opportunity because they're investing in underrepresented founders or underfunded areas. That's where you've been had the most leverage with your capital. So i absolutely think that it's an incredible business decision to diversify your talent pools where you picking founders from. What attributes are you looking for a. It shouldn't be they all went to excellency college. And that's you know social proof that there will be a good entrepreneur. It's just not that's not. There's no correlation there so you really have to do the work to say what are the founder traits that were really looking for in their communities. Are there areas or network nodes that we can tap into to identify founders who are in those different types of areas. That's a great. We'll talk more about that. So what is the example of a network. Node that you tap into well. We talked about philanthropy early on and one of our personas that we talked about internally is can the phd in life. Did you start A nonprofit organization about a lot of women. Actually who are phenomenal. Operators is sometimes. It's easier missouri nonprofit than it is for profit in society's view so you know we invested in phenomenal woman. Megan o'conner in the non profit space for a long time. She decided she's a part of it. Applied her talents to the education sector and we invested in her company. That was bringing technology to tutoring an education and that persona of founder might not have been a typical tech investment prior. But because we said what you know how to do a lot with a little you know how to sell your vision and investors and all sorts of sheets. She knew how to sell and she knows the skills needed for her company. So you can be really thoughtful about how you're mapping skills than you can find talented founders in a lot of different places you know about network nodes more than anybody with some community is who are those carriers people people who embody the values that value and can you then have them kind of recruit and curie founders to to come in and you so that's what we do. We do our our application process. We'll see three or four or five hundred founders who are applying for these twelve spots and and then we picked the people who we think are going to be phenomenal and were very careful about. The construction of the class is their diversity of thought background of misty. You absolutely don't want much thinking your company so imagining that like you know there's listeners. Who are you know. p- i. I think they're more great ideas out there than we realize i. I've heard i heard so many awesome ideas. We all have different ideas as entrepreneurs for things that we could pursue if only we had the time or bandwidth and often just like building. The consortium of people. But i'm just curious to like. I have an idea that i have some conviction around. I haven't started a company. Perhaps i'm in a habit corporate job or you know. I run a non profit or i'm in a nonprofit but like i have an idea for something that could be market based solution that can scale grow support myself my family and have a positive world impact so take us through some of the steps if you found me. I'm raw talent. I got all the building blocks. But i mean I'm clueless in terms of what to do next with this there. So many resources out there now for people who are hanging about being a founder find some founders that resonate with you and see how how they think and then in their programs of just being with other people who are like my life that there's one called day one there's one on-deck their their communities so that people can bounce these ideas of each other but then more importantly can you start inner testing iterating idea to see if it comes to something taking something from nothing and then there are incubator programs there. Are you know. There's just so much out there that you can start testing your idea and putting it towards but i i see the world in terms of people so i just say throw your idea against the wall against as many people as you possibly can to get all of the feedback and and then just start to watch built and then once you get that traction you know then.
"human ventures" Discussed on Art of the Hustle
"Started meditating in their teens. started practicing. Something called transcendental meditation and in the seventies it was really popular and you know there was kind of spike in popularity. A couple of people actually wanted their kids to be able to grow up with transcendental. Meditation so i would say that we were a part of a intentional community and and In a way that our parents were just very progressive. They was this. Where was this geographically in iowa size regionally from chicago but they moved to iowa. When you're young where there are other folks who who wanted organic farming and meditation in the school systems and you know a lot of things that have come to fruition now but were not in the eighties. It was it was in hindsight right. I can't believe that my parents have that foresight. But i'm very grateful to have that early on in. It's definitely shaped the way that i i look at life. You know from from the beginning. Will i know that before you moved into investing. You were headed development at the david lynch foundation correct. Yes so my after school is any business school. And i did go out to the bay area. I started working in venture serendipitous laid. My father is not nor grandfather was not from our end. So i didn't know what business i wanted to start and so venture something. I can fell into where we had a family friend and he said well. I see entrepreneurs every day. Why don't you come analyze them. And see what could be good investments. And that was when i first got bit with the buck but simultaneously. I was out in the bay area. Avid film director. David lynch was starting a an organization and he was saying. I would like to be able to bring meditation to at risk youth in inner city schools. And so i started volunteering. What was becoming a foundation and got to know. David lynch and bob ross is executive director and eventually release fell in love with the organization and many years later ended up moving to new york and opening up the new york office. It bob in started building out the nonprofit are of tradition. What what overlaps you see between this work you know. I- mindfulness is so important. And you know. I definitely feel like my performance as entrepreneurs an internal game. You know like the work that we do internally is the thing that's going to have the biggest impact on our outcomes not necessarily a podcast we hear or talk. We listen to you. Know what is the thing that you kind of see. What's the pattern recognition that you apply from your your previous work to your current work. I think any type of meditation practice. Whatever works for you. Years should integrate some sort of some sort of that reflection for me. Tm has brought a sort of witnessing value equity to what i do. So i can ride the highs and lows with a with a certain amount of witnessing so you're not tossed about as as life can really do for you now. I'm not saying that. I approach everything perfectly but i can definitely tell the difference when i when i'm regular with my practice or when i'm not how things affect me i think investing that's a huge huge part of it. It's just can you. We just had an incredible volatility in the market. Can you stand what you're doing confusing when everybody else. Zagging can really understand your internal conviction. Because you can't you can't look to anybody else to give to give you that conviction. I think a lot of those things are kind of abstract benefits of tm. Some of the more practical just you know at a time wed mental health is so so important. Burnout is real. Live in new york city. There's never a time to stop so unless you have an intentional practice to be able to stop. There was just no way that you can control that. So i think for all those reasons. I'm grateful for it. I can always be more judicious factors. That can always. There's always more that you can do but you just of have to be easy with yourself and do it can. what's funny. You know what comes up for me. When i hear you saying that is like we're kind of in this entrepreneurial moment of like good artists borrow great artists steal and you know the copycat culture of you know hollywood right now where it's like. Whatever spiderman eighteen alike the fifth installment of the same movie with new actors and actresses. Right this it's similar like the copycat business of entrepreneurship. And i think what gets lost. Is you know when you really look at a lot of these companies that have like an original creative vision years later. They often don't really stray from that. Creative vision. I don't even remember the head space when we were building our brand identity for summit for instance and like really caring about you know the guidelines in the in the we built like an eighty six page brand doc like we worked with incredible people on our icon iconography and like you know like our language and all these things and like it's such a head space to get into and to your point if you don't have like self belief in the point of view it's very easy to tack to whatever's working right now. Just always be chasing whatever's working right now. So i can see what you're saying where it's like if you want to identify a visionary on moore say somebody that makes sense to resource into bed on to support you know in in helping sort of maintain that self belief in the vision you started with. I do think that the results actually speak to. I just always keep seeing this now. I'm like That company sold there. It started ten years ago. Or it's under new whatever it is but that sort of vision always seems to stick with these things i think it's a great point and we have saying internally it's the myth of the big idea everybody always says you come up the fabric. Come up with that idea and the thing is is that it's not the idea. Ideas are everywhere and everybody can kinda pull it from the consciousness of the moment but an executions the big part of it except for also it's just constantly being awake to where the trend is going so seeing a there's say see through the matrix like you were talking about that steadfast. You don't know the exact timing but that's where you can really have that intuition that bounces back and forth. I think best founders naturally. Do tap into this is sometimes people say you have to be a little bit in an outlier of crazy and sometimes it's not just somebody who's has that connection internally and i i love it you can feel you. Resonate with founders. Who really have that. You know to your point. The technologies can have outpacing the human condition right so we are strapped twenty four seven. We hear this all the time technology. But who's taking care of the human side of it and if you're not i joke that one of the first to atlas meditations now british thinks that the titian comes run out. Yeah it's it's one hundred percent right and that like we're over stimulated and rest it and now we're seeing some of these technologies come online that really lower the barrier for us to like get involved in something so i wouldn't say like it's it's pretty barrier for most people in their mind selects a get into transcendental meditation less they're exposed to it directly from someone that demystify whereas like you can just download com where you can download waking up and you're like right in the game you know. Each station is kind of saying that. There's one medication right. It's it's not. there's so much nuance to meditation. And sometimes some type of right for for pain management. I mean they know so much more about the brain functioning now too and so you know. Do you have an overactive magdala. Tm is classified as automated transcending in soda lousy to acquire part of your mind but in the result of that is that your body settles down. So you're getting depressed so we got enough depressed..
"human ventures" Discussed on Art of the Hustle
"You so much for having me. It's a pleasure has gone out there. it's going well. I'm downtown new york city right now. A live in greenwich village. Newark's coming back to life. It's been really kind of interesting to see how resilient every everyone's blend so excited to have you on the show. Your work has focused on the future of work for a long time which even powered through the organizations that you've been a part of most notably human ventures talked us a little bit about what you're seeing right now. Yes oh i. I run a what we call a business. Creation platform and that is comprised of venture fund and a startup studio and we bring in entrepreneurs we work with nora's at the earliest stages of when they're building their companies and we provide tools to be able to create and then we provide financing to be able to to capitalize and that structure is one of the best. It's i'm so grateful to be able to be doing it. Because what you get to do is think where the world is going to be tomorrow into expanding ten years and then you start working with founders. Who think that far in advance and and you give them the resources to be able to just built and so being around people who always see challenges opportunity who always see the world it ten steps ahead. I think is one of most aspiring things to do. Tell us more about that. So how do you pick the people that are in your cohorts who who gets your investment. Who gets your incubation time. You know i think a big pieces of human ventures is that one of the biggest arbitrage opportunities is really identifying talent head of the market and say that because for years and years cloud finance industries in metric capital particular has been really focused on a particular type of entrepreneur and it was true ten fifteen years ago notch for nora had a an archetype but as you know industry start to open up to tack and tech becomes ubiquitous. Every company has to have can bet ease of use customer satisfaction in understanding the efficiencies at technology brings the founder profile changes at the same time the arcs of you know the way that society views companies ed social paradigm apparent shifted so the consumers very conscious about what they're consuming and buying and And then the employee wants to know who they're working for almost their personal passion. Admission is being satisfied for what they're working in. So i think it's become extremely complex to the founder and way to be able to identify them is now becoming more sophisticated so at human we will generally have these that are about the world where the world's going we call it. The human needs economy. So that for us right now is the future digital healthcare and wellness and mental health. And then the future of work and how we are identifying an skilling and reskilling talent and then also communities so what companies are understanding community based healthcare community based products that that drive more than just a transaction but the drive you know that camaraderie and really affinity with a brand. So that's what we've coined the kind of the human beings economy. That's what we look for and then we do calls for founders whose building these areas who were building the next platforms to be able to bring healthcare to underserved communities etc. Sarah and we do what we call a cohort model of entrepreneurs in residence. And you like this jeff so internally. We used to say this person starting their next company. They're in the wild. They're in the wild and so we just figured why don't we actually name that. So we have a program called humans in the wild. It's what happened when a founder and if you're found are you you resonate with us because you are ensured You're saying they're saying i need to. I need to think of the next the next thing because naturally if you're a founder once founder always hungry you will always think about so when you get a group of people who are building together it creates one ten creates incredible energy totally you get this ecosystem affect you get this like our liberation is bound up together shared experience same team in same dream kind of vibe where everybody's sharing resources which when you go from like being a lonely entrepreneur to having any sort of reason for this kind of overlap with the preneurs feels like in an unbelievable wind behind you i really you know. The old saying rising tide lifts all boats it so true and the dynamics of having shirt experience creates a trust and bond that then as people have success and failures you you have this really trusted network and it takes the burden off of being alone when i also kind of like this. Ecosystems approach as like an investor too. Because you know not all companies work out. But you're making a big investment almost like helping fund a phd for these founders in like business experience right and so if you can either invest in their second or third company or repatriate those talent in resource pools to the other organizations that are inside of the ecosystem. I imagine that has a really positive return to for the fun. And and i guess that takes me to my question. Like the putting my heartless capitalist pig had on you know. How does this pencil like this. You know a lot of people who are investment professionals see impact investments in air quotes enroll. There is tell us how this works from a return profile. Yeah a lot of great things. I think you're you're absolutely right. That ecosystem is what you invest in early stage you do. This right will invest in the next three things. A founder does that. We love because to likely won't work out. You know but those founders have had those learnings so paid for them. You know again to the impact question. We specifically didn't call it an impact company when we first started. Because i think that it's become just the status quo. You need to have some sort of a mission or purpose driving. What you're doing if you're building something from scratch this you know the the trials and tribulations to to Great to not have something that drives you through those times and when you have a very coherent underlying set of values our mission you're able to attract unbelievable talent you're able to rally you know investors clients and customers behind something that otherwise people might not feel such an affinity towards so for me. I think it's a term investment play. It's less of a liability in makes the company's much more defensible as they grow so from purely capitalistic standpoint. If you're not thinking about anything altruistic louis. I think that it's it's just smart. Investing able to invest. Where do you think the state where the puck is gone. I like it. You hit me with a gretzky reference schedule. You must be a deadly fundraiser. heather. I have a. I have a total. You know. turn in the conversation that i wanna take. I'm curious just you personally. When did you start. Meditating question. I started meditating when i was five years old five years old. Okay so unpack that. How is that definitely can't take credit for that My parents so drew like mom and dad. I'm super into this stuff. This is a guy named maharishi the game independently..
"human ventures" Discussed on Venture Stories
"There's there's two sides to this coin which is you know. After it sold my company efforts old tricks to fox. I founded human ventures with heather hartnett and human was this incarnation of like the the superpower behind all great companies as the people in this kind of very part and parcel saying about art versus science and that successes like you know where human spend their time attention and and what you demand of others in so that was the early early stage in attention was looking at a later. Stage like people are trying to understand the attention economy or their misplaced because they've high-value value attention but they're not valued properly is a really interesting space. And then you know in a covid world it was kind of a full stop and say will what would we think will be very interesting. Post covid and so. I'm still just kind of feeling out right now. we're gonna Few points you mentioned. One is in a previous podcast. You mentioned some digital. You mentioned something along the lines of you to we've we've tended to overvalue what we can measure And so what can't be measured gets undervalued and that goes speaks. Aren't science point at those really interesting yen. i think that's it. that's absolutely. It's very hard to measure. If someone goes to an event next experiential. We all know it. You know you know. It's really sad that we're not going to south by see us in the everyone. Can everyone can make fun. Thank god we're not in vegas right now Thank god and what a crush on. How much of our careers and our connections people we got to know. What is the relationship worth. I mean i don't know how to put a price on it. They you know maybe maybe salesforce and slack figure it out on star together but but they built our careers in your networks on these things and and they're very hard to value and so if they're hard people just kind of throwing. I'll pay for what i can measure and so i believe that there's a class of things out. There that are very hard to measure their undervalued in the market. Wha what's an example that the does mind to make it a big concrete for people. I one of the first things partnered with a james's firm who were lead live aventures on entre. Becca film festival. Right in tribeca son of these things where it's like it just brand that like people recognize. They don't know everything about it. People recognize the brand and that has intrinsic value. Jane rosenbaum's the like knows how to like put together an event and showed that like moves culture like it was founded post nine eleven to bring people back to downtown new york. It's the stories that told it film festival resonate for decades you see a piece of art that gets traded and ten years later someone becomes a you know a cancer research scientists because of something they tell me how you're going to measure that i tell me how you're gonna say i'm gonna show you the of film festival and is i..
"human ventures" Discussed on Stuff To Blow Your Mind
"Twenty twenty study just using a different mathematical analysis method different method for crunching the numbers. And they didn't find the same strong indications for the presence of phosphine now these differences could be because the initial study mistaken or there could be other reasons for example in the one where they look at the archival data and don't find the same thing well they could be that maybe there are cycles in which the presence of phosphine gas spikes at certain times and certain places in history on venus. So from what i've been reading now it's not as simple as yes. There is phosphine or no there is not it. Looks like at this point. It remains a complicated unsettled question and we need more research. So what would be really great would just be like you know. Go to venus unsettled. This whole thing absolutely in and of course there. There are two ways of considering that one of course is send more missions to venus and of course there are a number of those either planned or and sort of a plea pre planning pre approval phase and then of course there's the the ultimate dream right the idea of of sending human explorers to venus Perhaps even as a first human venture to another world and it's just impossible not to be excited by.
"human ventures" Discussed on SpaceTime with Stuart Gary
"The International Space. Station has been forced to make an unshared course correction in order to avoid a possible collision with a piece of space junk. The Russian federal space in Zeros cosmas fired up the orbital maneuvering engines of its progress Ms. Fourteen cargo ship docked to the orbiting outpost in order to carry out the cost change the burn lasted about one hundred seconds increasing the station's orbital velocity by that half a second and its orbital altitude by about nine hundred meters safely avoiding the space debris European Space Agency says there are now some thirty four thousand. Thousand objects more than ten centimeters in size, orbiting the earth, and the refer the nine hundred thousand objects between one and ten centimeters in size, and a further one, hundred and twenty eight million objects, a centimeter or lesson size, currently circling the planet, and all of these traveling around twenty eight thousand kilometers an hour. It seems river humans venture. They leave their rubbish behind. This is space time still to come. China launches. It's ninety second reconnaissance spy satellite, and later in the science report confirmation of a new more contagious variant of the covid nineteen virus. That and more still to come on space time. China's Ahmad of spy satellites is continuing to expand with the launch of two more high resolution reconnaissance satellites, the first to fly was the golfing multi mode imaging spacecraft,.
"human ventures" Discussed on The Information's 411
"I am talking to about ride hailing a lot going on in that space in the past couple of weeks hoover and lift had their earnings They weren't good folks not good They both are also laying off pretty sizeable amounts of their workforce as demand for ride hailing has fallen considerably during the pandemic so mere talks about what these layoffs really mean. And also why Uber has found itself in a slightly better position than lift because overeats which prior to this point was a bit of an albatross around its neck And there's an interesting also side story about Uber and jump in and Lime and how? These businesses are all kind of shifting places and positions during this period. That's my conversation with the mirror. We also for whatever reason talk about the meat packing industry and supply chains because we just tend to discuss whatever. He's tweeting about. Okay before I get to that interview. Which is a long one. Because it's an Amir episode Is couple of things that I want to plug so first off on. Thursday may fourteenth at five PM. We have a live video. Qna to discuss what we've learned from the Chinese platforms and how they've handled covert nineteen and also what global counterparts can learn from their experience. The call is hosted by our Jessica Lesson and global offering development and innovation lead for platform industry at accenture. Kevin Collins is quite a title Kevin and then Sort of an update on our annual W T F summit While we obviously had to postpone it It was startled. Me On Tuesday We are inviting members of the group. And anyone who signed up for the event to a subscriber call about start startups are navigating covert nineteen so I may twelfth K Clark Who covers venture capital for us? She's she's great Will be interviewing. We'll be interviewing. We'll be interviewing Laura Barons Wu the founder of Shipu founder and CEO of Shipu Amman Abu Zaid founder and CEO of incredible health and Heather hartness. Who is the CEO of Human Ventures? About some of the difficult.
"human ventures" Discussed on The Economist: Babbage
"The Apollo program is designed to show that America can Marshall its economy and its technology to do great things the fact that the great thing that was hit upon was going to the moon was not entirely coincidental but was certainly not central and so America does something that no one else has done before that many people have not even been capable of imagining and changes something fundamental in showing people a human footprint on an inhuman celestial body until you're coming down the ladder now okay. I just checked the backup is at first glance but as one small step for man art so why haven't we gone back because the mission was accomplished because showing people that America could do this was the point doing it was less the point going on doing it was hardly the point at all and so many people so I had this idea that now humans would quote colonize the rest of the solar system and but using the resources of the moon would take up the rest of the century and then the people would move on to Mars into the moons of Jupiter but this was all fantasy and so that's why we haven't gone back. That's why no one has gone back because no one has wanted to signal to the world what America wanted to signal to the world in the nineteen sixties it seems. It's like today. That's changing that there are people who wanna do such signaling. Do you think there'll be a new space race. I'm not even sure there was a first base race. Russians were nothing like a serious about getting to the moon as the Americans were so it was declared a race <hes> because as the Americans were fairly confident of winning it if you saw the space race in terms of who actually kept people in orbit longer than the Russians were of the Soviet Union was doing very well so your question about going back to the moon yes the people are undoubtedly going back to the moon but it's not for the same sort of signaling because going to the moon with the technology of twenty nine thousand nine is a significantly easier task than going to the moon with the technology of nineteen sixty nine and although NASA is hobbled by the strange political constraints finds itself in about what hardware it can use. It's still only GonNa take about a tenth of what it spent to go to the moon the first time to go to the moon second time the Chinese who clearly would quite like to go to the moon we'll go there by building out a human spaceflight program slowly and surely which is what they've been doing for the past fifteen years so yes people will go back to the moon and people will try for their own reasons to present it as a space race yes but I don't think that it's really a race so other than the Chinese what other nations are going to vie to get there the Chinese I interested in going so the Americans feel some Americans feel that they need to go back so that they can you know so I refuse to trade in moon talks with Chinese when they arrive. I think other nations are unlikely to go in the near term. I'm sure India would in the longer term be quite interested in going. The other thing of course is the private individuals and private companies might go and SPACEX has already sold a provisional tip to the moon to go round the moon not to actually land on the moon to <hes> a Japanese billionaire Yusaku Missouri and I think the might well be more of that. There's a U._B._S.. report that suggests that there might be a significant amount of moon toryism by the end of this decade on the other hand. There's more deeper concerns on the territory itself such as who owns it property rights resources and law. How's that GONNA get decided probably by force measure <hes> but I really <hes> <hes> by negotiation? There is already a body of law which says that no <hes> in the outerspace treat of nineteen sixty seven says that no nation can make territorial claim on another celestial body <hes> but it is somewhere between silence ambiguous on the question of whether private industry can cause normally private industry can make property rights on the basis that the ability to do so is granted it by sovereign government the American government and the government of Luxembourg of both sign that not saying that companies from America or Luxembourg can keep and use and profit from resources that they get in space. It's not clear that that really sits within the spirit of the Outer Space Treaty and it's not clear that it's a desirable outcome and what about the rivalry a little bit closer to Earth that is in the Earth's orbit and the proliferation of satellites. How is that going to affect space? There's no rivalry in low-earth orbit. The problem in low-earth orbit is if you put too much stuff into it in some of that stuff hits other stuff then you get too much debris and one of the people who thinks a lot about this is an American goal Brian Weeden and Brian points out that space debris is a problem a little bit like climate change by the time you realize it is really a problem. It's too late to do stuff about it. It's a significant concern that a build up of I bere- in especially in some parts of low earth orbit but maybe also geostationary orbit where the Satellite T._V. satellite set that could be an issue and of course if people start waging war in space and destroying each other satellites that creates more debris normally and how could make the problem was now Oliver. We've talked about humans in space. We've talked about satellites. What about humans venturing beyond the moon to other places in the galaxy as well while the galaxy is asking a little bit much and getting to the next planet in the solar system would be a hard? Enough reach that's what you know. Mosque wants to mosque is quite clear about the idea that his next generation spacecraft meant to take people to Mars <hes> again. This is an area where the law is extremely unclear about what Callan can't be done and and there are people who have significant worries about the degree to which the Martian environment would be degraded by heedless settlement to which a lot of backers of missing masculine say Hellier says the point. We want to go out there where the regulations don't matter but scientific concerns. There's much to be learned about MAS. The could be interesting whether I don't think it would justify the really extremely high cost of going to Muslim and going to Mars now would be a bit like going to the moon in the nineteen sixties to do a proper mas mission Asian would be to stretch welby on the con- capacities of the people have in space. James Lovelock thinks that we're alone in the universe. What do you think I think there's an interesting point made by off the clock that the question of whether humans are alone in the universe is.
"human ventures" Discussed on KTRH
"As does congress. So this all dates back to changes under the Obama administration FCC that sort of defined an auto dialer fairly broadly court said, you know what you need to go back to the drawing board and clarify this in a in a more specific way that it had overreached and determined at the time. And so. Final decision from court was over a year ago. So this is a question that hasn't been answered for quite some time. In the meantime, there's a fairly large body of consumer lawsuits, and class action suits, that have bubbled up. In the meantime, you talk about that the challenges a view were put on a no call list and you still got calls. Does that show that that's not really working well? That's a little bit of a different conversation. Like if you're, if you're on the national do not call registry, and company calls you that as a legal violation of that telephone consumer protection. People challenged this robocall situation, through that or, or in a different way. Yeah. So consumers have brought a thousands of, of lawsuits for violations of the, the main lava telephone consumer Protection Act that's meant to protect customers from telemarketing abuses, and companies can be find anywhere from five hundred dollars to fifteen hundred dollars per violation of that. So there have been some pretty hefty settlements that have resulted from those consumer claims businesses say, you know, there's different court rulings on this. It's hard to know exactly what is acceptable and processes to use for this, and they want to clarity. We're speaking with Sarah crass of the Wall Street Journal Sara where do the carrier stand in this whole dispute. The carriers are a little outside of this piece of it. They were given power last week by the SEC analyze their network traffic. So the calls crossing their network to block what they consider to be unwanted, or a legal robocalls. So where previously customers to opt into that type of service. Now carriers are allowed to offer that by default. And so they are sort of charged at this point, or they're giving the power at this point to weed out what they consider suspicious activity. So company, does not want to be considered a robo caller, what kind of a step can they take? Under under what the FCC did last week. You know, it's sort of up to the carriers and businesses have an issue with it. They would need to appeal to a carrier and say, hey, I'm a legitimate caller, and I think you're blocking by calls, but is a carrier by carrier difference in terms of what they provide to says for flagging that issue is there, a specific type of company that does not want to be considered a robocaller. I mean, most legitimate businesses that want to be able to, you know, quickly and at scale contact their customers want to be able to use some sort of automated dialing system, just because it's cheaper and more efficient, what businesses advocate for is. Hey, if we're making an automated call, but we're timing it so that human is available when you answer that shouldn't classify as an illegal robocall, that should be fine. But that's where you get into the difference of opinion is admittedly, like a pretty wonky corner. In terms of. Does the technology you're using randomly or sequentially generate a number and the call without human venture. There's all these sort of very nitty gritty thresholds that the different interested parties are advocating for her against here. The bottom line is, it's pretty confusing, and it probably will not be cleared up for a while. That's correct. Thank Sarah's aircraft of the Wall Street Journal. It's twelve minutes before the.
"human ventures" Discussed on Hello Monday by LinkedIn
"Get your super awesome kit, but podcasts. All right back to my conversation with Tim Brown soils just want to go back to the idea of me as a we as as the as the team me, the idea that in the future all have some sort of a technological assistance or a series of suspense in that world that you in to it are do the ideas ever come from the technology or do they always come from the human? I suppose in theory, if the technology reaches a level of consciousness that it can understand the relevance of something going from nothing to something then. Yes, the ideas could come from the today that's not possible because the technology isn't capable of that level of consciousness because it's not so much having the idea is realizing you'll having an idea that's the important piece right in that requires a high level of consciousness about what they should doing about realizing how it's new where it's new wise new wide applies to the problem that you're trying to solve it's hard for me to imagine that being done through something that's purely algorithm. Make so it sort of like an idea is not about the creator. But about the editor, and that you need to be your own editor. Well, I I've I've always believed that is why the world of you'll willed and my world is pretty close together, actually because the creating the woods and editing the woods, and you'll will a part of the ultimately the same act, right? And that's true in design that creating the idea and then. Editing the idea refining, the idea making the idea makes sense of the people is all part of having the idea. Well, it's interesting to me that we've been talking about ideas. And we haven't labeled and good ideas are bad ideas. And as I just note, my fear around this, and I do have the sort of Israel fairs. You're talking it's yeah, I might have ideas, but they might be bad ideas for good news about ideas as the will tells you whether they go bad. You don't have to decide what good about it's why we test things where we built prototypes. So we'll tell us whether we go to good here about idea. Sure. So your job is just is to create ideas. And the the better you get at being designer the better, you get this process. We we loosely call design thinking, the more often, your ideas will be ones that the world will decide we'll be good and worthwhile. That is the satisfaction of mastering the art of design is that more and more of your ideas will be good ones at the beginning. Most of them will be terrible. Just like when you start learning to play piano. Most of those notes. Awful at the beginning even worse. Right. But eventually more of them will will will sound good. And eventually all of them, Los and good, you know, earlier in the season we had Seth Meyers on the show. And it strikes me that we are saying is actually so similar to his discussion in writing. And he says, you know, I read all these jokes. We write all these jokes. And we go through them, all and not all the jokes. I read are good. He says a lot of the jokes. I right. Don't land a lot of them. Don't fall you just keep working just keep doing it. And you depend on the people around you to hone it in and help you find what lens old credit processes have some social component to them in that way. Right. I mean, some people take a long time before they expose their ideas to to others. But it sounds like theft. Does that very early? We do I do very earliest I-. I'd rather expose my ideas early a know that they're bad before I've invested too much evidence from the white too long for them to be so precious that I'm frightened really of what people think about the idea at that point. I don't. Not want to be frightened about what people think about my ideas ideas. Also feel generative to me if you get them going. It's like a spigot of water they keep going. But if you go for a while without one, or if you get very attached to one, it's also how you make least my will design a team sport. Right. If you tighten that have that mindset, then it then it absolutely can be a collaborative act if instead you want to hone the idea to make it perfect becomes an individual act. And there's nothing wrong with either version except that when it's a team, you can think about bigger more complex ideas. That was Tim Brown CEO of Idaho a decade ago. He wrote the de facto handbook for using design and business, and it has just been released. It's called change by design. There was some solid advice wrapped up in Tim's musings. I really connected to his thoughts on creative confidence. Having an idea is not enough. You have to believe in it enough to act on it. And if you're feeling just dry out of ideas, you know, it's probably because you aren't exposing yourself to enough new people and experiences ideas, beget ideas, he are just us not to get lost in the spiral of thinking. But just to start making things just get out there and test ideas as early as possible there are growing number of businesses that have sprung up to help people do just this. They go by different names accelerators incubators some call themselves startup studios this week. Caroline took a look at one of them. Hey, caroline. Hey, Jesse after hearing from Tim and understanding more where good ideas. Come from. I wanted to speak with someone who turns ideas into companies, but good ideas something start from. I think it will never end up being what you thought it was originally that was Heather Hartnett. She's the founder of human ventures, which both invests in companies and works with founders who want to build them. Her success depends on recognizing good ideas before other people do and then she helps them flourish. The we actually have a term the myth of the big idea because I think people put a lot of a lot of emphasis on ideas, when it's really a lot about understanding the market and being where the opportunity is testing how you're approaching that market, and then listening to the customer and and building accordingly. And so I think it's a match of having an insight and then knowing how to listen at human. She will often start with the person who has an idea, and then she tested out when we say we wanna work with the founder, we put them through what we call our workshop process. For just about one hundred days testing that angle going into the strat, you know, into that market seeing what the customers want by putting up landing pages, putting some marketing and messaging around it and seeing you know, what is gaining traction. Now at the end of the hundred days give or take we then will either green life that company to really start incorporate and go full speed ahead with it and put them capital behind it. Or we we scrap it when we start back from the drawing board. So I asked Heather to tell me about a time that this process really worked. She told me about the startup which makes baby food. But when the founders I came to her their idea it had nothing to do with baby food at all they had a company idea in the parenting space around creating a memory book for new parents the digital version, but they ended up, you know, the company now is called tiny organic it's a brand around baby food, and creating baby led weaning food in the early stages of babies life, and their brand is really. Taking off in their creating products that are going to be synonymous with their vision. They saw the white face which was organic food. And so that's what they ended up launching with. But finding the white space is in everything so much of this is about timing. I think some of the ideas that are really innovative are quite simple and the ones that really make an entire market shift. You couldn't hear them in this state of mind and understand them for where the market was going. So an example of that what I mean by that is something like Airbnb before Airbnb existed, you heard of that concept in in you weren't in the right mindset to be able to think that could be a big idea because it was unheard of that you would have the trust in order to have somebody come into your home. And and that sharing economy didn't even exist yet as a generation went through of a mind shift. Right. The entire generation that had went through the recession. Their mindset shifted. And then you can feed that opportunity. Pretty clearly Heather shows us that ideas. Whether they're big like Airbnb or smaller like tiny organics. They all have one thing in common. They probably weren't what they are today when they first started. Thanks caroline. So last week, I asked you to send voice memos about where you're most creative ideas come from. And I learned that a lot of you like me tend to get in the shower when you're feeling stuck. Why do our best ideas come to us in the shower? I don't know. But I heard a lot of other great stories to like this one from authors, Melissa and Jonathan Nightingale who are also married. You asked about daily creative practices when we were writing. How fucked up is your management one of the things that we found really worked was we were working in our day jobs as tech exacts and we've come home at the end of the day. We'd like eat dinner put the kids to bed, and then we just talk about the shit that tech kept getting wrong or your and over again, and we get really pissed off about it. So anger anger at night after dinner at your boss. That's a source of creative inspiration. I hadn't considered next week. I'm talking to me not to so she's a professional influence or a convener of conversations. It's a line of work that is specific to our time. Not something my parents set out to do in the same way. At all the seasonal featuring interviews with a number of people who have jobs of the future. They're doing things that just didn't exist before autonomous car trainers. For example, if you have ideas for types of jobs, he'd like to hear about or if you have one of these jobs, send me a voice memo at Hello, Monday at Lincoln dot com. That's hello. Monday at Lincoln dot com. I'd love to feature some on the show. If you enjoyed listening subscribe and write a son, I tunes it helps new listeners find the show. Hello Monday is a production of linked in the show was produced by Dave pond. And Loris sim with reporting by Caroline Fairchild. The show was mixed by Joe de Giorgi put on Eddie Endo is head of editor's video. Dave pond is our technical director this week the flu is Hello Mondays arch. Nemesis music was by putting to bear impact. Derm? Dan rock is the editor in chief of Lincoln. I'm Jesse Hempel. Thanks for listening.
"human ventures" Discussed on OC Talk Radio
"Know we're back with our best. Selling off their New York Times bestselling author and the author of the new book architects of Intelligence Martin Ford Martin Welcome back and <hes> let's talk about one of the things that <hes> for my listeners their business leaders and they're looking for tools advance their company as other technology side. There's always more terms dealer work and in a is no no shortage of new terms. I like in your book. You've put in not just a definition attorneys but you've described <hes> and tried to walk people through them so they can understand what are some of the important term zany understand <hes> with the well there there are a number of terms that are very important in artificial intelligence and you do need to kind of have some understanding of if you really going to have a good conceptual understanding of the field so for example there are different ways in which machines learned. There's what's called supervised learning which means basically providing <hes> many many any examples maybe millions of examples of data to a learning algorithm and then training it on that basis you an example would be training system to recognize images of animals so you would give millions of photographs each of those photographs of the label right. This is the dog. This is a cat. This is a cow and it's just been looking at millions of those would relearn how you do it so that's what's called supervised. Learning unsupervised burning is is much more difficult. It's more like what people do we learn without having all of those examples downpours right <hes> <hes> child calmer n- what the animals are without certainly being given millions of examples. That's actually one of the most intensive research areas in artificial intelligence is is figuring out how to teach machines to learn in an unsupervised way I <hes> then there's deep learning which is all about neural networks the hottest thing that's happening in artificial intelligence right now so it is important to have some understanding of what these terms are and what I did in the book is right a very brief. It's really only a few pages is that Kinda introduces these terms hopefully in a relatively painless way so he can quickly get a sense of what they are and what they mean and then after that you can delve into the interviews where you actually talk to your she talking to these he's been caught. Minds and artificial intelligence and cars will come up and of course those interviews and I'm and in many cases I actually asked these people to explain those terms and what you're getting here is the chance to talk in some cases to the person that actually invented this contract. You I think the guy that actually created this so it's a little bit like <hes> I imagine you know talking to Einstein and having him explain relativity relativity to you or something like that right these are really people almost at that level in terms of you know how prominent they are and they've invented a lot of this stuff and they actually explained some of these concepts to you and so she gets a primer and in the beginning where you can become more or less familiar with these terms in on delve into it <hes> in a little bit more depth. I think it's a pretty painless way way to do it. It's more interesting maybe than trying to read a textbook or something right. It would be very very dry here. You're actually engaging in a conversation and people are talking about how they discovered these principles and how are you going to be applied on wider import so I think it's really really quite a good resource for anyone. That really wants Kinda the inside track on a I you know this is a chance to get inside the minds of the people that are building this technology the most famous people in the world and find out what they really. We think about the future and journey anyone who is an investor for example unless to invest in a are wants to know how hey I is going to impact their investments. I mean this is I think a pretty good opportunity. I wouldn't pass it out myself your lot about going on the stock market and how much the machines are making decisions on buying and selling of stocks and for funds and things like data. There's quantitative funds rely on Algorithms is are they using a they're absolutely yeah. There's some companies like blackrock for example. <hes> didn't invest in his very very heavily have very high expertise Ortiz. They are building you know intelligent algorithms to trade stocks and in fact as as you may know most trading on the stock market is now out rhythmic spot. He's not performed by by Humid's and these algorithms are just incredibly capable of course they're incredibly fast so they make trading decisions. You know just miniscule fractions of a second long before anyone can even make decision to to reach or for button to push you know it's all finished y'all Graham is done on and and these algorithms can just as an example they can tap into machine readable news sources so companies like Bloomberg. They actually published news. That's in a format intended for machine story. Not People and machines can read this news much faster than any human being make sense of it and then trade on it. <hes> you know in in miniscule fractions of the second he's algorithms also they badly chartered. They do things like they place decoy trades and then they withdraw trades in order to try to bake out the competing algorithms or or human traders <hes> sort of already very sophisticated. Some people have said that in some cases the algorithms are really going beyond and what they're human ventures even fully understand and of course that does lead to risks right. I mean we saw a few years ago. The flash crash for example where some people think what happened there is a budget algorithms. There was kind of a herd instinct right where they all started did showing at once and there is a danger of that kind of thing all these trading rooms decide all at once to sell and that's that's not going to be good <hes> so that's kind of their team right. They get stuck you know he would but when the machines are actually gaining each other right. They're trying to figure okay. I think this is other is other someone else doing this so we're going to reactor their gaming it <unk> out and so they're they're gaming it out on a faster faster timeframe right. I mean you know it's happening. In in tiny fractions of a second you know I mean at a speed that no human being could possibly comprehend so so they interpreted that kind of competition timeframe. There's no there's no pace for a human trader at all they having to remember once there was a they had to pull the plug on one one system sure it's happened more than once but <hes> out of the House the human keep keep tabs on this. That's the machines are trading in billions of dollars. They monitor it. I mean they they see what's happening and they can monitor it a range but they certainly don't have control of it you know at the second by second level. It's much more of a macro view. <hes> and many of these systems are used more for short-term trading what you would fall day trading or <hes> and human beings probably still at these currently have more of a role in long-term by trading decisions but <hes> in terms of you know the timeframe of of seconds. There really isn't any way hey a human being control in control it would that kind of granularity I mean but <hes> so it's much more a case of stepping back sure so we are talking about the we talked about the economic disruption. We're talking about. There's there's a pass towards the human level artificial general deligence the A._G._I.. That's that's occurring now but it's still not quite there yet. They're against for example would be from was it. <hes> the movie talk two thousand one and our nine thousand. Is that that sort of human level of intelligence. That's what that's what we would call human level. Hey I or or A._G._I.. Artificial General Intelligence and examples would be like you said two thousand one space Odyssey <hes> the computer in the starship enterprise and star trek or or commanded data <hes> in the Matrix movies the agent agent spin it those were all machines that have human level intelligence <hes> and the probably said they exist only in science fiction. We don't have anything like that. In the real world you do have little very very rudimentary things like Alexa right you can speak to on some level but there's nothing close to human level intelligence there and in fact we're not most people think we're not very close to that and yet this has been sort of the goal of the build artificial intelligence twice since the very beginning when when Alan Turing wrote his first paper on A._I.. In nineteen fifty invented the turing test which is basically a cast or true intelligence that says if you can have a conversation conversation with a machine in a weighted it can deceive you so you can't tell it it's a machine another person down. We'll say okay. That's probably you know an intelligent machine and that was way back in nineteen fifty that was he was already thinking about that or we if you are anywhere close to that so one of the most interesting set of conversations in the book was everyone about what does it take to get there and how long might it be and there's lots of variance there. I mean <hes> show the more ambitious people like Ray Ray Kurzweil. A futurist and many people have heard of the guy that talks a lot about the singularity for example anything <hes>. It's just about a decade away by twenty twenty-nine. We'll have human level. I but that's a very aggressive prediction. Most people people think no way that's not going to happen. <hes> one of the other people I interviewed Rodney Book Brooks who is the <hes> Co founder of I Robot Corporation the company that makes the room butts. <hes> said it could be nearly two hundred years in the future two hundred years before the machine knows not to do the whole house just right one two hundred years before we have human level I chewed thinking yeah down with and have a conversation right and and it's interesting Christie not but to take that example to have a truly intelligent vacuum robot that that really understands everything you would want to know about vacuuming your house. You almost need to get to that pretty close to that level right to have that kind of intuition and the judgement so <hes> you know it it it could be quite a quite a ways in the future but in the meantime we've got specialized artificial intelligence right. We bought what we've got now machines that do specialized things that can power a self driving in car that can look at medical image and decided that cancer or not it can crank out a new story whereas nets but that's fine it. They're not they're not looking to do all kinds of things are not class the individual machines czar either playing the Chinese game go or their vacuuming vacuuming your your house. They're they're not doing everything right. That's right. That's an important distinction so they're doing specific things but the other thing the not forget. It's like I said there's going to be an explosion in the specialized things so there's not going to be one system that can do everything but there's GonNa be a million specialized ones they can do you know anything you want basically right that that at least anything that is under mentally benchley routine and repetitive in nature so in terms of the impact on the job market the thing to keep in mind as a lot of people do fairly specialized routine repetitive things right and you don't need human level artificial intelligence to do that. You just need specialized artificial intelligence to do a lot of that and there's going to be an explosion in those applications in the recent explosion is that related to how much data's now available and how if oh can Bernau machines can now access specialized data right so there are three things that really have made this revolution possible one is there's some real breakthroughs in terms of the technology things like we mentioned Jeff Hinton earlier right. He's one of the guys that really made this happen..
"human ventures" Discussed on Bloomberg Radio New York
"Dot EDU. Here's Bob moon. Tom Jonathan good morning. Here's what's making news in science, technology, engineering and math when you think about it. It's understandable. Those scientists and engineers at NASA's Jet Propulsion laboratory in the hills above Los Angeles where a bundle of nerves heading into yesterday's landing attempt on Mars after all the descent of the insights spacecraft was one of the most complex Nassar's ever tried and around half the previous attempts ended in failure. Nasa calls, no joy JPL yesterday. There was plenty to celebrate touchdown confirm. And for anyone who's become jaded about space exploration. Chief engineer, rob manning is not willing to take the advancement of mankind's knowledge for granted. And all that hard work, begets more hard work now that we're on the surface of Mars. We have a lot of work to go Nassar's. Elizabeth Barrett says I I need to confirm the health of the space craft, and then they take the wraps off the packaging that won't be finished. Until will have Christmas is entire process. Just getting the instruments to the ground takes approximately two to three months that includes deploying seismometers to check for earthquakes. Sorry Morris quakes, which will be good thing to know before any humans venture there. The craft is also carrying a mechanical mole if you will burrow beneath the planet's red crust and take its temperature by measuring heat coming from the core. They hope to reveal clues to how Mars was formed and by extension perhaps figure out the beginnings of our own blue planet. That's the Bloomberg NJIT stem report, Tom Jonathan thanks so much.
"human ventures" Discussed on WHYR 96.9 FM
"Is the creation of science fiction writers you know once we started learning you know they were these other planets out there and they were earth like to one degree or another and so they could be civilizations there and one of the possibilities in what is the possibility that science opens up in terms of what people can do beyond each planetary stuff but just general now what what are the two possibilities four existence our vision of the future is defined by science fiction in the end and in particular by two alternative views of that future one of which is an expansive you if you will the star trek future of humans venturing out space and things aren't perfect can certainly not without risk but it's filled with adventure and possibilities and opportunities and then there's the alternative future in which we do not go into space and we remain confined to one planet with shrinking possibilities and you might call that slightly queen version of the future and they're very significant because abby one argues that we should promote human freedom the other says that is doomed should be restricted one argues that ultimately humans are friends because the more creativity we all exercise the more possibilities will be for all of us whereas the other her basically says were all competitors for a shrinking piece of a shrinking pie first will what's your vision of the human featuring space in the next hundred years in the next thousand years in the next ten thousand years where we go one i had a quick benfer thanks thanks bye i'm optimistic i think howard is always the right direction and we speaking in the country it is known for this position and there's a reason for that we're going to mars if not this generation i certainly hope it's jet this generation we are going if not this generation the next it's going to happen because mars is out there it's a real place and we as humans expand outward that's what we do that's part of what is us but mars is not our destination mars is just a stop on the way one of the many planets that were going out too as we colonized the whole solar system for mercury out into the or cloud as perhaps a pauses on our way even further out and you know what they're.
"human ventures" Discussed on Popcorn with Mitchell Davis and Jack Ferry
"Yeah but then stocks him but then instead of got were as like gone zone goes gets a job in like everybody again or some everybody goes of pretty far away or a shank said yes scooter gets the job in like ohio or something in like a movie theater now to ohio laws fuzzy fair gets a job well not really but he starts highlyspecialized hybrids right the hibernate night claiming outs his first boehner separate conversation yet and that goes gets a life whereas her life is uh and i'm not hang on on the back as god mommy legs or eventually so she basis for the entire movie stalking kermit being super fucking jealous of which he perceives to be his attraction to a human woman yeah knock writer which by the way when he introduces himself he goes i'm kermit i'm of 405 of fraud i love as i go i am high saturday i track unlike human ventured dogs yet the farc up i love it he and adventure time but it was just so it has the human absurd though that he is like armour frog it's like a larger for our fraga fraud ye he frost advisory herman on fraud i want it i just want to make sure there was a quincy ending this media frauds there are a lot of frogs and spent where they don't really make an appearance until literally the third act because a wish are watching the movie and it's up when i was like.