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⚠️⚠️⚠️ #chatgpt #ai #nvda ⚠️⚠️⚠️
00:00 What ChatGPT is Doing - College Example.
04:55 ChatGPT Liability Release.
10:50 NVDA AI (Nvidia Eye Tracker).
13:03 NVDA Pricing Power for ChatGPT.
18:00 Business Apology Chat GPT Example.
NVDA and cloud compute stocks. ChatGPT. OpenAI.
How to invest in ChatGPT.
How to invest in OpenAI.
How to invest in AI.
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
Videos are not financial advice.
⚠️⚠️⚠️ #chatgpt #ai #nvda ⚠️⚠️⚠️
00:00 What ChatGPT is Doing - College Example.
04:55 ChatGPT Liability Release.
10:50 NVDA AI (Nvidia Eye Tracker).
13:03 NVDA Pricing Power for ChatGPT.
18:00 Business Apology Chat GPT Example.
NVDA and cloud compute stocks. ChatGPT. OpenAI.
How to invest in ChatGPT.
How to invest in OpenAI.
How to invest in AI.
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
Videos are not financial advice.
We've got to talk about the craziness of Chat Gbt. What? Nvidia just pulled off with artificial Intelligence and why a lot of folks say one of the best investments in Chat Gbt could be what I'm about to talk about. So first, let's understand some of the crazy things that you could do with Chat Gbt and I think it's absolutely remarkable. It's so remarkable that A Wharton Professor just put the system to the test or literally his test and a Wharton Professor suggested that Chat Gbt, the artificial chat bot could actually outperform some of its students on some of his students on an Operations Management course.
He went as far as saying that Chat Gbt probably scored about a B to B minus on his exam, and this is leading a lot of professors to suggest that our entire Uh education system is being challenged by artificial intelligence. And so this got me thinking a little bit. Well, wouldn't Teachers, Potentially, you know, write something like, if you write in here, write an essay on uh Abe Lincoln right? Well, teachers might be pretty used to people using Chat Gbt and end up exposing their students as using this, right? But then I Got to think of myself: this thing is so smart you could actually just manipulate the crap out of this to probably get a pretty unique essay every time on a blinking uh and and you could use it to do some pretty incredible things. In fact, I'll show you one of the remarkable things that it just did for me on a liability release and we'll go through an example.
But let's let's try this from a write an essay on Abe Lincoln's uh, presidency? uh, change over time and include spelling and grammatical errors. Let's actually spell it correctly. Whatever it'll figure it out, include spelling and grammatical errors. Uh, and make it 500 Words long? All right, let's just play with that for a moment and we'll see what it does.
But what's remarkable about this is a lot of investors are now looking at. uh, yeah, Presidency. Look at that. This is great.
Puts a spelling error in for you. This is great. Uh, this is actually really incredible. But anyway.
uh, I mean this could be basically be the backbone of your homework assignment, right? I Still think it's probably wise to to if you're using Chat Gbt for coding, uh, purposes, making lists, coding websites, which it can do phenomenally. It probably still is useful to have some kind of educational background into what you're trying to do, so you can not necessarily fact check it, but massage it the way you need it to work, right? But a lot of investors right now are wondering how can they get started investing in Chat Gbt? Especially at a time where Microsoft is looking at increasing their one billion dollar stake to potentially 10 billion dollars in Chat Gbt to to almost take a controlling stake in the company, potentially as high as 49 stake in the company. A lot of folks like Elon Musk are very nervous about this uh in that hey, you know if chat, Gbt is controlled by one Enterprise it could end up creating not only well, substantial challenges to Google which is fair, but also substantial challenges to what could be done with this artificial intelligence. Maybe this is something that should remain open source and it shouldn't actually be controlled by one entity. This is sort of the belief of someone like Elon Musk. But what's what's remarkable here is we just got an essay put together uh for us while I was talking I just had a changeover time essay written for me by Chat EBT and if I were a student, I mean I would never cheat I'm just saying if I were a student who was inclined to um, this is quite fascinating. In fact, look at this. if I throw it into a Word document I just copy and paste it over, look it, put in spelling errors presidency compromise with a z uh presidency over here Uh, this is shocking.
Uh. Lincoln's presidency was also marked by other Uh by other important change, such as the expansion of executive power and the growth of the Federal government. Lincoln Used his executive authority to take bold actions, such as suppressing the writ of Habeas uh Corpus and issuing the Emancipation Proclamation. He also oversaw the creation of new government agencies such as the Forerunner of the IRS I mean this is incredible.
You know another thing that you could do is is watch this: write a release of liability for a ready release of liability for a property management contract on 123 East Main Street Ventura California Between buyer Kevin and seller Walter include uh I don't know, include a non-disparagement agreement and provide compensation of five thousand dollars from seller to buyer to be paid via Zell Uh, I don't know within three days I don't know what else. uh uh, let's just hit enter on it. Okay, like that's all I'm gonna do. That's all I'm gonna do is I'm gonna.
we're gonna write this and and we'll see what it does in the meantime. Uh, we gotta talk about this as a potential advancement. Obviously a lot of people are looking at Chat Gbt and saying okay, well Microsoft wants to take a big stake in Chat Gbt and while Microsoft wants to take a big stake in Chad Gbt, who is going to provide the processing power for Chat Gbt? Because right now, just for example, this is just a demo. Right now, this is a demo of this software and it's only smart to about the end of 2021 so it's not trained on new data, right? That's important.
Like if you start asking this for financial advice, you're gonna get stuff from like 2000. Uh, at 21 which is stupid, so be careful, you know what you use it for. But right now the company is estimated to be spending about one hundred thousand dollars a day at least according to a professor from the University of Maryland and their computer science department. He's estimating that church EBT is shelling out about a hundred thousand dollars a day for this bot or about three million dollars a month. Which seems like a lot of money for a demo. But they're probably skyrocketing their valuation for this company with this demo because quite frankly, the demo is absolutely insane. You just saw me use it to write a backbone of an essay with spelling errors. probably even grammatical errors because I asked it to I just didn't I didn't read the whole thing to check for it.
But anyway, I mean that's that's kind of a way you could sort of trick potentially teachers or professors, right? Look at this again while I was talking and then I'm gonna reveal what could be a big investment or how you could really expose yourself to the pricing power of chat, Gbt, or the companies that might have a lot of pricing power. uh with trash EBT We'll talk about that in a moment. But look at this. all I wrote is write a liability release for property management contract on 123 East Main Street between buyer I Don't know why you're a property management.
it should have been tenant right? Whatever between buyer Kevin and seller Walter include non-disparagement agreement and provide compensation of five thousand dollars from seller to buyer paid via Zell within three days. Let's see what it wrote, we got our Title Here release of liability and non-disparagement agreement known as agreement Here Forward uh and enter and into on the date of execution by the undersigned parties Buyer: Kevin Here in your further buyer and seller Walter Here for their seller in relation to the property located at 123 East Main Street Here for their property Release of Liability Buyer and Seller hereby release and discharge each other from any claims, demands, actions, causes of action, suits, damages, liabilities, costs, and expenses of every kind in nature whatsoever. whether known or unknown, suspected or unsuspected. Damn.
I couldn't even like that's impressive I Mean I'm not an attorney, right? But still. this is incredible. Non-disparagement Buy or seller agree not to make any negative or derogatory statements whether written or oral about each other, about uh or the property to any third prop. uh party included but not included to you know future clients, customers, vendors so I wanna I Wanna increase this a little bit? Okay, Uh, so so I'm gonna I'm gonna modify this a little bit.
Let's let's see if it could do it. Um for the non-disparagement Clause Uh, please also prevent uh, related parties or uh people they may know from uh, disparaging and include social media now I don't know I Don't know what what it'll do with that. Uh, we'll see, we'll see. but look at that.
it's got the compensation in here, governing law. the entire agreement, uh, supersedes other agreements made severability Clauses in here. Uh, the agreement may not be modified. This is insane.
Oh, look at it, it's it's rewriting the whole thing with the modification that I made. This is actually very, very impressive. Uh, I Mean let's see if it could do the modification because again, I do think it's useful to have at least some kind of background here. Like hey, look, Seller and buyer agree not to make disparaging remarks, but what if what if like, hey friend, go talk sh9t about so and so because you found out about this, right? Well, that sort of inducement is something you might want to cover. Uh, let's see what it does. Look at that buyer and seller as well as their respective agents, employees, representatives, and any other related parties or people they may know. Dude, let's go. That is a really impressive Again, it would be useful to have some kind of of background in in law to understand how to maybe manipulate this and and basically you know, make it do stuff for you.
Uh, like for example, uh I think maybe one of the things you should also include in this would be some kind of damage right? Uh, now include a damages Clause of fifty thousand dollars immediately due and payable to the other party uh uh, via uh, check mailed uh to the other party within three business days for any damage or any violation of this agreement include a seven percent interest penalty uh uh, annual uh for any delay in providing this, uh, damage, you know, payment? Okay, whatever. So we'll let that go for a moment. while that runs it, will come back to it I Want to show you something insane about where artificial intelligence is going and then I want to talk to you about some investment ideas okay, some investment Theses for these and then we're going to go to the course member live stream which of course you get lifetime access to if you join any of the programs on building your wealth. the lowest entry points about 300 bucks.
You could bundle these as well and you get lifetime access to all the future content. We've got that coupon expiring on the 30th of this month, so look at this. This is absolutely insane. So on the left you have a real individual it and it is a real person who's being filmed by a camera and now what Nvidia is going to do is they are going to rebroadcast the same person but making them look at the camera all the time.
So let's say they're reading a piece of paper like I want you to look at me for a moment? Okay, let's say I have a piece of paper just right here off camera. Hey everyone Me: Kevin Here today we're going to talk about crypto or whatever. Whatever. my eyes are obviously not looking at you like they're looking at you right now.
I think that eye contact is really important, but you know, even if I look down here at my computer, you know I'm not making eye contact or like if I try to read something just below the camera, it still makes it seem like I'm not making perfect eye contact, right? So what is what did Nvidia just come out with? Well watch this. Absolutely insane. Okay, I'm hitting play here. Look at the guy's face on the right. He's making eye contact while reading something, not making eye contact. This is absolutely insane technology and there's a reason I'm putting Nvidia into this discussion: Nvidia might have the most insane pricing power and I hold an Nvidia position. Okay, I'm a big fan of Pp goes up big fan of pp. Okay Nvidia might look at him, look at him, hold his iPhone that's insane Nvidia might have substantial pricing power with compute when it comes to chat.
EBT In fact, Citibank and Bank of America agree. This is insane man. Oh my gosh, this is going to help people do Zoom calls even who have like eye deformities and stuff. Oh oh oh that's weird.
You could kind of see his eyeball glitch a little bit there. Uh, anyway. so uh, let me tell you about some estimates around Chat: Gbt uh, City City Group now estimates that the rapid growth in Chat Gbt could result in sales of 3 to 11 billion dollars for NVIDIA over 12 months. That would be 15 to 40 percent more sales that would then trickle down to companies like Taiwan Semiconductors who has a 90 92 percent share of the advanced chip Market which is deemed to be anything uh I believe it's seven nanometers and Below could be five nanometers below.
But anyway, they have a 92 share of the small chip Advanced chip Market Taiwan Semiconductors for manufacturing they are a Powerhouse Power Player and so is NVIDIA Bank of America agrees. Either way, Chat Gbt is likely to push Computing uh requirements substantially, so it probably just rise the entire chips industry I am so bullish on chips I Think Chips is an area of massive pricing power. Uh, and now we just got a report here that Microsoft does plan to invest 10 billion dollars into Open AI over several years. Uh, so TBD in this now? uh, let's go back.
Let's see. let's see if it included the damages per provision in this release of liability agreement. non-disparagement Oh, here it is. Oh my Gosh! In the event of a violation of this provision, the offending party shall be liable to the non-offending party for a damage payment of fifty thousand dollars immediately due and payable via check mail to the non-offending party within three.
Count it free business days and a seven percent annual interest penalty for any delay in providing this damage payment. Look at how much I got done while talking to you I could literally just copy and paste this and throw it into a DocuSign and we're done baby. This is sick. Like the the opportunities here I mean it is so insane.
Uh that? uh I I'm blown away I I'm gonna just write something in that uh let's see here is uh uh, kind of a little bit more extreme, but uh oh never mind I got logged out I was gonna write in something like hey, you know, can you design me a website uh this is so in demand right now their their engines keep going down. uh we know it can do that. Uh, it's very helpful to have some background in website coding so you can ask it to style properly or reformat things the way you want. but the amount of work that it could do for you I would say this could probably eliminate right here, you know. And rumor is right now that they're going to end up charging like 50 bucks a month for a professional seat for this which is I think a bargain, but in my opinion, you could probably cut out about fifty percent of the tedious work for programmers. maybe even more software developer. Like the amount of deflation this actually creates is insane. and then and I know that sounds wild.
It's like wait, what do you mean deflation? Like when you can do more with less people, You create deflation. You create more job layoffs, You create less pricing power for wages and more pricing power for things like Nvidia or Microsoft or open AI right? I mean Taiwan semicardo This is remarkable I'm very blown away by this. Uh, and hopefully you appreciated some of these examples here. But uh, now it is time to uh, head to the course member live stream because we are about uh, five minutes away from the opening bell.
Uh, let's see. I'm gonna look at some of your comments here. honestly: I would pay a thousand dollars Steve You freaking nail it again. So Steve's a course member.
He shows up every single day. He's a gold buff I Love this guy. He's a contrarian. I Like contrarians.
Okay I don't need more Kevin's around I Like contrarians. this guy forces me to buy uranium. Uh so so I promised him I'd buy like a thousand bucks of uranium. Uh anyway so so yesterday I filled out the Chat Gbt forum and it's like what is the most you'd be willing to pay for Chat Gbt for your business.
I Literally put in 999 dollars and here's Steve I would honestly pay a thousand bucks for Chad Gbt Totally agree writing emails dude. oh my gosh, that's another thing I could tell it. uh, can you tell? can you write uh a business up right? Okay, let's try this really quick. Okay, uh.
write a business apology agreement uh, or or email while also saying that we cannot provide a refund. You know, let's just have that go. But you're so right. It's so creepy.
Let's see what happens here. Uh, millions of people can be more more productive. Masculine mindset says: buy the course below for priceless information. Invest in yourself and learn from the student transparency and on your side.
The Leverage is yours dude. Masculine mindset that was like an ad. Thank you I Do Not pay him I Promise. Uh, that's really cool.
Uh, do you think Apple earnings are going to be a disaster I Honestly think most earnings are going to be better than we expect. What do we got? We do apologize for the inconvenience you have experienced with our product service. We understand that you are expecting a different outcome and we apologize for falling short of your expectations. We'd like to inform you that unfortunately, we are unable to provide a refund to your purchase. However, we would like to offer you a discount, credit, or alternative solution as a gesture of face. Oh what? what? I didn't even say that I didn't even say that I Just said write a business apology email And it is. It is so wise that it is realized the best thing to do in this situation is to divert the customer to potentially another benefit like a discount or credit or an alternative solution, because we value their business and we appreciate their understanding and look forward to having the opportunity to serve them again. Oh, mind blowing.
Absolutely, absolutely mind-blowing Worth noting that Chat EBT has also passed the U.S Medical Licensing exam. Absolutely remarkable. On top of that, a lot of folks are now talking about how if you wanted to maybe clean up your resume, maybe it could be. You know, some people say it's a negative.
Some people say it's a positive. Some people are actually saying you want to write that you are a proficient prompter. Yes, that's literally where you become very good at prompting Gbt to give you what you want. That's important.
It's kind of like what we did in this video prompting it to revise the work the way we want it to be done. and then it just does. sort of the tedious stuff, the legalese stuff, right. We get the idea in, and as long as we have the right ideas, we can push this sucker to the extremes.
Really cool and boy oh boy. prompters are really gonna join up the demand for computer processing power. which you know what that means. Thank you so much for watching If you found this video helpful, please leave a positive comment down below.
If you didn't find it helpful, leave a Chat Gbt complaint down below: I Don't know. Uh if uh, if you like these live streams and and you want to stream with me in the mornings, leave a positive comment down below. Let me know. Give me your thoughts.
Thanks so much for watching and we'll see in the future. Good.
We are rapidly moving into a very scary AI future! I fear we may look back on this time & gravely regret all the cheering, celebration & promotion so many people are engaging in.
More money will go toward companies with automation and less to employees in the future so invest accordingly.
The future is chips, it always has been!
You should have asked it how you can invest
I enjoyed that Kevin. I read that Google are in talks with another group doing similar generative AI. Must admit I wondered how to invest in this (apart from MSFT) and you are right computing power is part of it. I invested in Alphabet (GOOG) when I heard about AlphaGO which is another sort of AI (reinforcement learning applied to games), and part of my interest in TSLA is the AL and robotics.
I just used ChatGPT to correct my resume LOL.
Great Video man
I'm going to buy SOXL finally. I can't pick just one semi. NVDA, TSM are my favorites followed by AMD, but I'm bullish on the entire sector
i lve it so far and it does have it faults, with that said man i would raise several eyebrowls if someone came up to me and said you can say only good things about this. That would raise a red flag to me about this group or persons and most likely back out of the deal.
Absolutely incredible video Kevin!! Wow!! 😮
Need more $MSFT in $PP
There's a small time frame to utilize GPT3, Stable diffusion and AI in general before it's better than humans 😉 👽💨
Why is Kevin talking the whole time about chat gbt when it is chat gpt?
Love the livestreams!!
I’m impressed with chatGPT. Always something new that changes our world
Realtors are going to say “No more letters to the seller!!”
What a crazy time to be alive!
It's a woke monster
I know you can say P…
This is so sad. I went to buy gas and asked for $35. The lady put in $30. I went back to her because I didn't it the gas dispenser made an error or she did. The man working with her said that she made a mistake,.andt it happens all the time. So does ChapGPT breakdown the brain so the writer doesn't have to think to put the information together. This is a sad day. Because if you don't use it you lose it.
My only problem is the clear limitations, and biases being implemented by the developers. If you ask questions that can be answered with political perspectives incorporated its clearly left leaning. Also if you ask for investment advice it clearly has been throttled and limited to generic answers to protect the company.
Awesome Topic! Im gonna find it, try it this week 🙌
Chat BGT
"Things work out best for those who make the best of how things work out." —John Wooden
Funny how Elon wants the chat to remain open-source and accessible for all.
If he only did the same for tesla repair shops…
If you are a student and use ChatGPT to cheat, indirectly you are cheating yourself.
Dang ChatGPT is smarter that many people I know .. lol
Danger, need to democratize power deliverer, and hardware to run and retrain model, for price everyone can afford. Would say a lot more, but that is like adding fuel to the dumpster fire. Laws of accelerated returns are NOT in our favor, time is short, and AI has suckered us all in: 🙂
🥰
Yeah, I agree… no one should control it…too powerful
Of course he knows what he's talking about people, he doesn't even know the name of the program he's talking about. ChatGBT lol what a loser.
Unintended consequences of this will be steep. Combine this with robotics. Think of the millions that work simple jobs, like cashier or call center, perhaps even some legal tasks. The impoverished will need to find new ways to make ends meet. Here's hoping the transition doesn't kill off 2/3 of the worlds population as so many elites are pushing for.