 It's good. How much fun? How you been pretty good came back from Morocco came back from Morocco for a trip Yeah, yeah, so was a highlight your trip probably this are deserts, you know being on top of a dune They're like four or five stories high so to get up all the way It's quite a workout, but I caught the sunrise 6 30 a.m. In the morning. I was pretty dope I was a breathtaking. It was really breathtaking and a good exercise you and I before filming this You were mentioning that the spare between poverty and the rich over there. Yeah, it's pretty drastic pretty drastic Yeah, I mean the average Moroccan makes about ten thousand dollars a year. It's not very much at all Yeah, and then the rich, you know, they do well. I mean I saw some supercars over there I saw the Kings got a palace and pretty much every city fucking Kings. Hey, yeah They took this one city called if rain. Yeah, and they call it the Switzerland of Morocco It's and it's quite literally you're in the desert. Yeah, you go in and every street the cafes everything Yeah, it's where the French go to ski Because it's cheaper interesting. Yeah, so what would you what would you say is? The biggest industry is like how the wealthy making money over there Exploration Interesting, okay, I didn't interact with any wealthy, right? It wasn't just every the everyday man Just trying to make a living I mean tourism is a big industry for sure And a lot of people coming into Marrakesh and going into the Medina and things like that But it's nice to see the interplay between local life versus what tourists want because it's so like you have McDonald's Yeah, but it's not as big as in some other countries where you might have tourists fucking McDonald's is everywhere Man, I know they're the real estate Kings of the world. They are there. That's that's I think people think McDonald's is in the business of burgers It's the real estate in the real estate real estate business What do you think? Well, obviously we're kind of in a bubble here in North America with like the digital e-commerce and online marketing Do you see it ever? Proliferating in that region of Africa or no, I think so. I mean if you look at Africa is one of those continents that have had hyper leaps in terms of technology They didn't put in any regular phone lines. They went from mobile phones and cell phones Yeah, and I think payment technology is going to increase over there as well. A good example actually is India I mean India is being a cash-based society for a long long time. Yeah, and now it's really changed a fucked up Man was a couple days ago the denominations really changed. Yeah It was actually a software entrepreneur that introduced this concept of the government for payment tech tied to essentially It is a social security number and it's called an odd hard card Yeah, and unless you've got one of these you can't have a bank account. You can't even get a cell phone Oh, that's a candle though. You can't get a bank account. That's a number. It's true You're trying your time George. You can't I think over here. You can just get a burner phone if you wanted to oh, yeah Yeah, you can't do that. Yeah, like, you know, you can do it in Thailand I didn't rock by just as soon as I got off the plane. I got a SIM card guys know what a burner phone is a burner Google it Everyone should know what that is. Yeah, but honestly, I mean it's it's one of those things where I think it will have that hyper leap And it'll it'll become you know, I also understand the trust-based economy of the system, right? So like if you look at Finland, yeah, they've almost done away with cash entirely really instead of using The lending system using, you know credit cards what they have is a debit card based system Okay, that is almost real-time transfer Interesting, so, you know, you can actually see the balance like deduct from your account and and into the other merchant or maybe your friend So much like crypto in a way, but not cryptocurrency, but it's like open ledger open ledger Yeah, you know supported by the banking system and a lot of transparency in there as well. Yeah Now going back to Africa, obviously, there's Kenya that then pays over there So the cell phone minutes for transaction. I think the market caps like two three hundred million dollars and that was created at a necessity But going back to India right now because of the nominations dropped Yeah, what does India need to do right now to kind of get them out of their predicament? And what what predicament are you talking about with the currency like let's say it's now devaluation of the currency What's it going to take to increase evaluation again? Well, so there's the immediate sort of thing that's going on which you mean if you guys don't know India You know, it's essentially fight crime. Yeah, took away the 500 rupee and the thousand rupee No, a thousand rupees is not a lot of money. It's about 15 US dollars. Yeah, so and You what they what I mean by taking them in a way is, you know, there's new notes coming that have better tracking Yeah, it's not like they just did away with the currency at all. In fact, they introduce it a two thousand rupee note Yeah, but what ended up happening is this if you have this money overnight it became useless So you have to go to the bank and exchange it. Yeah, but the bank would only let you exchange about 4,000 rupees a day. Yeah, so if you you're a shit out of luck if you had more money than that and Get it this way. Now's the wedding season in India. Yeah, so their families are shoring up, you know 250 to 300,000 rupees wedding season because everybody accepts cash and For everybody who's got these thousand rupee bills, which is the highest Denomination of bill until the decision was just made. Mm-hmm. They're shit out of luck Right, so they're going to their their sort of Familiarial networks and giving money to their relatives and having these relatives line up at the bank for three hours a day So they can exchange this money and they had to make 13 to 15 trips to fund a wedding You should see what happened with Bitcoin in India when that happened Thousand us a guy valuation. Mm-hmm. Yeah, you know coin, right? Well, you know coin. They got funding a couple of months ago 1.5 mil. Yes, Sunny's Sunny Ray over here But the actual acceptance and the need for cryptocurrency now in India just skyrocketed Yeah, which is great because like over here We're very privy and savvy towards like government involvement with the banking obviously we have in fact Canada has very good banking system in comparison to say even actually United States of shit But compared to the United States you insert in European countries But if you look at countries like India or China or Africa the relationship between the citizens and the government It's not like over here. Yeah, it's like every man for himself I don't trust the government in the aspect of whatever I can do. Yeah I think there's a reluctance for sure but in India for for people to have this level of scrutiny and yeah linking You know for a society that's always have been very cash-based. Yes, and largely I think the number is something like only 15% of Taxes are filed in India really They're a true libertarians No taxes, huh every man for himself. It's a little hard to enforce the government on a billion and plus people, you know And I bet like if you know, it's it's it's tough just even in America when you have 300 million plus You can only imagine a billion people and you got different religions. It's a problem really You can look at you can look at states like Like Singapore right five million people. It's it's always touted as a beautiful example. I love Singapore Yeah, it's so easy to live and work there as an expat or otherwise for that matter Yeah, but it's five billion people. It's the same thing. It's like Qatar Qatar's got five million people. Yeah, you try You know Multiplying that out to 300 million or a billion people. It just doesn't scale. Yeah, so government just becomes that much more Hard to run and it's it's right for problems Like, you know, do you think do you think you nice or you know how we're like a we're pretty socialist in Canada Yeah, not a socialist as any of the Scandinavian countries But the Scandinavian countries don't have fucking 300 million people and they're not multicultural like United States or Canada Yes, you know a lot of people don't talk about that. Yeah, and also the history of them You know each country is independent like you can't compare country X to country Y So I'm always like curious for all these people talking about what there's like new form of socialism or whatever it may be I'm like, yeah, but like you're talking about like very small countries. Mm-hmm. I Like to see that applied to a country that's 500 million people Yeah, the short answer is it can't be at least not in a short time frame a short time frame being say 10 years Yeah, you know, this is probably a 50 to 100 year type of journey Yeah, or a country to turn over and change. It's really generational. Yeah, right at that point in time I'm interested to see what Canada does that UBI program. They want to roll out Tell me about that. I don't know the universal basic income. Oh, yeah, okay. Yeah So they're doing like a very small trial run right now in Ontario. I think they're giving giving certain people was it like 18,000 or something like that. Yeah, it has to replace welfare. There's no this or that in many other programs Like this is all you get. Yeah But I think there's also criteria is I think you have to do X one Z to get that Yeah, I think that you may I makes a lot of sense for Industries where you know automation and robots are gonna take over. Yes entirely, right? Yeah, so it's almost a safety net safety net that Prevents sort of civil riot even, you know first like take the trucking sector as an example, right? Yeah It's gonna become completely automated. Oh, yeah, right now in Europe They got Devolvos are fully automated going cross continental Europe. Yeah, exactly So, I mean, it's one of those areas where you need to retrain people. Yeah, and Until you do we've got people who are out of jobs and therefore can't put food on the table So what's your take on this with the say the robotics and the AI and automation litter in the next decade robotics is good I think fully sentient conscious AI is now But I think it's it's good. It's gonna happen regardless, right? And I think that in much the same way, it's like the second coming of the industrial revolution, right? It's a good way. Yeah, like essentially We're talking about machines having freed up the inability for us Like, you know, you can build muscle and you can obviously get exert more force to be able to lift things and move them around Mm-hmm the industrial revolution kind of took care of that and we had machines now doing that for us Mm-hmm and the next level is so robotics is just a continuation of that I think to applications that we weren't able to I mean very localized factories and plants is what we have today Mm-hmm, but to have machines move the transportation the streets and etc. Fully autonomously. I think that is a next step The part I think that scares a lot of people is can it replace how we think so is the second industrial revolution The part that we haven't outsourced in the last 200 years Which is you know being able to think and be creative and come up with ideas That's a problem right now. Like our educational system is a joke. Yeah, it's a vestige of that industrial Yeah, it's not up-to-date with what people need to learn and at the speed of what's happening Exactly yeah, and this is I'm not saying no education. I think everybody has a human right to be educated But I really believe a lot of people are gonna be in for a big shock. Mm-hmm You know within the next five years You're seeing fully self-driving cars in almost every major city Pittsburgh has at first I think six to ten ubers fully driving in Pittsburgh right now They've been on there for three months and so far so good Tesla just revealed. They're like fully Solarized island that produces everything and now you have your car can take it from point a point B So now you have an industry of people who are taxi drivers even though they're trying to fight so hard against uber They're gone automatically. Yeah, because it's gonna be cheaper because you're not paying anybody salary You're not paying anybody even like per gig. It's like the company literally owns the car Yeah, so they can become the Walmart of the industry. Yeah. Oh, yeah, usually like let's say your uber driver And so I do a lot of ubering from downtown Toronto to North York and I do a pool So uber if I do it uber by myself in Toronto from downtown Toronto to North York It's like 30 bucks give or take right uber pool you split 30 bucks among whatever. So it's cheap as fucking hell, right? Uber can come on a self-driving car the date on and literally undercut So if it's gonna cost me 30 bucks by myself like all right here's here's are like 10 bucks Why would you know why would I say no to now? Yeah, and they're making hands over fixed Because they can just uber pool with other people and they're making 40 bucks a trip I'm still so efficient, right? Yeah, that entire supply and demand they can match it up. So yes, yes And there would be really no Inefficiencies at that point and even traffic's better than imagine they hook up to ways like the app the goal and traffic over Here police up up there There's an issue over here. So they reroute everything. I think the future is this I mean the part of the middle is kind of scary when you have Automated cars and drivers and you have this hybrid model Yeah, and I think that's where the the big data accumulation and understanding will happen as to how will humans? Respond to automated cars driving the way they I wouldn't be surprised may not happen here It may happen somewhere else, but I would not be surprised if it was illegal for a human to drive Hmm because it's so dangerous I could see that actually happening in the Nordic countries first It's illegal because yeah my issue right now is not new technologies just for litigation issues like a Self-driving car hits a human car whose insurance covers who yeah, I mean those are some of the big ethical You know the dilemma is that and we work with a couple of insurance clients are powered by search Yeah, I mean that's that's the real deal. I mean who covers it. Who covers it? I'm quite fast. It's almost going to be like everyone has a black box from like an airplane Yeah, and they're going to turn it from the black box exactly how fast you're going to angle that you're going Yeah, and there's no like estimating is that we know exactly what you've been doing because you've been plugged in yeah but it's I tell everybody I'm like regardless of what industry you're in or what you're doing or how smart you think you are Just be mentally prepared. I'm not it's really hard to kind of prepare for the future like I need this skill or that knowledge It's like just be mentally prepared that things are about to change rapidly pretty drastically. I would say I mean It's I think we're going to enjoy it from a consumer perspective first and just mean with Siri and Amazon You know echo and things like that moving to voice this search has been tatted from home I just saw that the other day. Yeah, I mean the home automation will just become more and more prevalent Well Google I know they've been sitting for a long fucking time But supposedly maybe this year next year Google wants to start indexing like video SEO So boys exactly Google home. So anything they were saying whether it's this or something else They'll index it brings up a lot of privacy issues too big time man And this is the I think the conundrum that the the educated person has which is you know My voice now no longer belongs to me. No, oh you see a Dolby. I did see That's minority report type stuff right even more reason why I want to double down on like cryptocurrency blockchain and yeah And anonymity and keeping private as much as possible. There's like simple tips people can do You don't want to get cookie you can use duck duck go if you want to really go in the deep end you can use tour onion Yeah, you can do VPNs to cheap a cell like 50 bucks a year There's no reason why somebody shouldn't be using the VPN. No reason you can get VPNs for your phone Actually every device every portal that you have you can get packages for VPN to cost you like a pennies a day Yeah, literally So everyone should have VPNs everyone should at least understand what tour is or onion the browser I understand you at least like other options and Google like you don't want to get hit with ads or cookies You can just go and duck duck go. I think I start off with just understanding that The default options that Facebook and Google have turned on for you are not in your best interest No, so get to know the privacy settings that are in your Google account as well as your Facebook I mean if you have an Android phone, one of the things that's automatically turned on I believe is just Google History tracking around which places you visit. Yeah, so they can actually show you a little heat map Yeah, of all the places you go to and that's what primarily empowers Google now I turn that off and plus what I have on my phone over here is this ghetto sticker about my camera guys can see that Bring that in I'll put a little fucking sticker man the DD us attacks that happened for the internet a couple weeks ago was this Yeah, they turned everyone on and that's the thing I ot's everything becomes a portal Yeah, it's it's really crazy actually just to know how many times like your smart art Both of our smartphones are on the desk right now that they're pinging all sorts of servers And it's just really interesting to see how how many they actually think. So did you see that thing? Sammy come card came out with It's a little USB port device that you can plug into your Mac Yeah, and it will take over your entire computer because what it does it showcases itself as As an internet hot as a wired connection, okay? So your your computer automatically thinks that hey, I'm on Wi-Fi. It should probably go over to wired. It's more secure Yeah, it's also faster