Hey there! Live from the Loft 100 studios in sunny San Diego, California. Big fish shows on the air. Great to have you on. Not so sunny today, Mike Costa. No, a little bit of a what do they call it? The El Nino River. Yeah, why don’t they call it El Nino anymore? Because sandalances. Do you remember El Nino? Yeah, oh yeah. Because how come we’re not hearing the word El Nino this year or La Nina? I’m sure somebody named Nino or Nina got offended. Not sad anymore. Good to see you guys today in studio. One of our favorite guests, in fact, we had such a great conversation last time. I got you know if I get Troy Hazard on the line or Steve Forbes or you name one, we get what, six, seven emails? I got some like 30 emails on our next guest. His name is Leo Tall. He is the CEO of a company called Sinjin, like engine, right? Sinjin. Their stock symbol is C-YN, and they are in the business of this little thing called chatGPT and AI. Can you explain for the world what the heck that is? Because I sort of feel like chatGPT and AI were like when we first got email. Remember? So you’re saying I could type something over the interweb? Wow, right? Are we is it that significant in your mind? I think it’s huge. But first, we are in self-driving for industrial applications, right? And we’re definitely in AI. And you know chatGPT and I’ll talk a little bit about it. But you know, you need to understand what it is when it’s on The Simpsons or yeah. Um, because you guys are developing autonomous forklifts and autonomous mining trucks and such is one thing. But the fact of the matter is AI is this thread that’s running through everything. And every time you say AI now, you got to hear chatGPT. And you brought it up last time, and it caused a big fervor in the audience. So I say, okay, have this guy explain what it is and how it applies to a company like your Industrial company. So maybe let’s start with what chatGPT is and then explain from there. ChatGPT is an algorithm. It’s a software that was developed by a company called OpenAI, one of Elon Musk’s companies. It’s what’s called a large language model neural network, and the specific one is generative pre-trained Transformer. Now forget everything I said. It’s a system that can interact with using natural language. You can ask a question, you can ask it to summarize something. You know, my son is preparing for Bar Mitzvah. I asked GPT to write me a 500-word welcome speech for Bar Mitzvah. Work done. And basically, it’s gleaning information all over the internet, all over the universe, and metaverse, everywhere else, and creating something almost immediately that’s relevant. That’s the great difference about this. There are two things that make GPT and this generation of AI very unique. One is huge amounts of data that are used to develop it. The model is developed like our brain does. It creates connections between things and identifies patterns. And the whole purpose of that model is to determine what the next word in the sentence will be. What’s crazy about this, have you ever read GPT text? It’s the ability for them to create analogies in the middle of a sentence that is basically generated by zeros and ones. It’s getting close to the point where you will not be able to understand you’re talking to a machine and not to a person. Yeah, that’s very close. Now, the real importance in this situation is it’s a huge model based on a lot of data. Think about the entire body of literature and Wikipedia fed into the development. The first stage is a lot of people involvement. There’s an army of people supporting OpenAI and Facebook to curate those. Over time, they become better and better, and you don’t need the people. It’s almost like miners on cryptocurrency or you have people verifying versus just throwing information out there. Talk about Sinjin. This is pretty interesting stuff we’re talking about automated Industrial Vehicles and such. And that’s really what we talked about last time when you were here. But I think one of the issues is that when companies are depending on AI and GPT, what happens if they get it wrong in the applications? If you guys are specializing in Terminator 7 Skynet, what do you expect to happen? You come back and see at some point, of course. Leo Tall, CEO of Sinjin.
