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Peter Diamandis

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2020-02-21
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2020-02-21
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  1. For me, it's Damandis.com at Peter Diamandis on all of the social handles. And it's xprize.org, SingularityU.org. And thank you, Kara.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  2. If you go to futurefasterbook.com and order the book there, you'll get abundant and bold digital copies of it for free. Fantastic.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  3. A pleasure for having us. Can I add one thing? Sure, that as you mentioned, abundance and bold are the precursors. And for folks who were offering abundance and bold for free.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  4. We can't be a tech utopian without understanding that we have responsibility more than ever before, right? He was a great, great philosopher, Peter Parker, said, right, with great power comes great responsibility.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  5. They should be friends, not even. Yeah, no, they are friends Oh, you're with me on that. Okay. I'm with you. You should come to visioneering this year. Honestly

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  6. I'm, again, I started with plants, animals, and ecosystems, and to me, the technology I want to see is already here. Biodiversity is, I mean, if you talk to most scientists and say, what scares you? What are you most scared of right now? They're going to say species die off. Species die-off is the number one threat. Nobody pays attention to it. Nobody even, you know, I've been talking about this for years and you say species die off to people and they're like, huh? There's a biodiversity crisis.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  7. It's a world we forget Kara that each of us are a collection of 30 trillion human cells, right? We're not just an individual. We're 30 trillion life forms collaboratively working together. That potential to go from single cell life to a human being is where we can go from 8 billion individuals to something that is a collaborative at a level that never looks.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  8. I am definitely someone when the chips become available in my brain and I can increase my intelligence, my memory, my ability to collaborate. So, I think this, and we talk about this as a concept of metelligence, if I'm able to connect to the cloud and you a thousand other things, I had this level of empathy. If I can feel your feelings, understand your thoughts and who you are, and there's absolute intimacy in that level.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  9. critical yeah and but i'm going to focus on existential risk because no one's spending enough time on those risks So I'm concerned about those things. I'm concerned in some cases about the government regulating stuff it doesn't understand. It does it all the time, but the problem is when you over-regulate here in America, the technology and the technologists just move. They go someplace else, and we lose that ability here in this nation. And so it's got to be intelligent regulation, collaborative regulation with innovators, with the companies, and so forth. So, those are my concerns. I am concerned about pandemics. We're seeing the coronavirus conversation, which is still small, right? There's been like 100 deaths compared to like 2,000 flu deaths in the United States. Yeah, but it can get bad. So we had to learn how to do that.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  10. Asteroid impact, terrorism and hate crimes, environmental disruption. In fact, I run an X prize. We have this thing called Visioneering every year where we discuss and debate the world's biggest problems. I'm going to focus on text.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  11. And again, going back to the reason for this book is people fear what they don't understand. And as the speed of change is increasing, people tend to get more fearful, more divided. This book's purpose is to give people, again, a hopeful, compelling, and abundant vision of the future. It's got to be hopeful. If you don't have hope for the future, or you don't think your future is compelling. And if it's a world of scarcity where you're dividing the pie and if your neighbor gets slices, you don't. Instead of abundance, where you just bake more pies, right? It leads to a world that is scary, is scarcity-minded, and it's divisive. And our mission is to change that mindset.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  12. and what's beautiful is that the poorest countries in the world, Kara, are the sunniest countries in the world. And so abundant energy gives you abundant clean water, which is, or dirty water drives half the healthcare impact on the planet. So these dominoes that can begin to fall.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  13. You might disagree with me. So we've talked about education healthcare. I think those are the ones that have the biggest financial and societal impact that are so broken that are going to change by the right entrepreneur. Just giving something that's 10 times better. I think energy is going to fundamentally change people don't realize that the rate at which solar both installed solar costs and price per kilowatt hour is beginning to drop. We're seeing tremendous breakthroughs in storage as well, right? There's hundreds of billions of dollars being invested by the automotive companies electrifying their fleets. And batteries are part of that. Another common friend, Bill Gross, has created some true breakthroughs in the energy world. And so we have the ability to go to a majority electric economy.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  14. It could be some of the ones we didn't actually talk about because we're already seeing entertainment is the first thing I'd point at. I think we're seeing the end of Hollywood's kind of monopoly completely. Obviously Netflix and that stuff, but I think that's going to continue to massively crumble. I think as AI continues to invade retail, I think that humans are gone from retail. I mean, we'll have craft throwback shops where, oh, you can get clothes sold to you by an actual human being. But I think retail is going to be completely invented, reinvented And to me, it's a toss up between AR and VR. I think the numbers and the trends say it's going to be AR first coming in. Augmented reality. Augmented reality. Augmented reality. Yeah.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  15. Oh my God, technologies are extraordinary. It's robotics, 3D printing, machine learning, new material sciences. Again, what we mentioned earlier, relativity space, they're 3D printing. 30 meter tall rocket in 60 days or less. Extraordinary And Elon, the reason SpaceX's Falcon 9 was able to get to the space station successfully on its first was computer modeling and then being able to land and reuse the rockets.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  16. It was not because they wanted to Sputnik in 1957 and Gagarin in 1961. They were decimating us in space. We had to do something dramatic to get back to worship.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  17. But the one point that I think is important to make is we have a, everything we've ever known care about, every piece of history is here. We are one asteroid strike away from being like. Historical blip. And so I think there is a moral obligation to back up the biosphere, to diversify the human species. I don't think we spend enough time thinking about the existential risks that humanity has, right?

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  18. And so Darwin wrote about the forces that cause evolution in small population sizes, its geographic diversity, its high radiation or sort of mutation forces. All of that's going to happen in space. So we are going to doubt they'll be able to.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  19. Today, it's a beautiful battle with Jeff, with Bezos, with Elon. Yeah, right. And I would much rather have that. I've known them for decades. I've known Jeff since college. They're passionate about this. It's not like they're doing it for money. They're doing it because they feel it's a purpose in life.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  20. I think that thousands of years from now, millions of years from now, whatever we evolve into, we're going to look back at these first, these next couple of decades as the moment in time when the human race evolved off of the planet to the stars. It's happened once before when we moved out of the oceans and crawled onto land. That is now. And then everything we hold of value on Earth, metals, minerals, energy, real estate are in infinite quantities in space. And my equivalent quote to yours is the first trillionaires we'll be made in space. Hopefully it'll be both. It was the Soviet Union and the US in this war for supremacy. Let's use that word again that really drove us.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  21. We're going to do it because it's cheaper, faster, and better. Right, right. And there's all these things. So let's finish up with space. It's an area because one of the things I just did a podcast with a guy who's head of astrobiology at Columbia because he wrote Death on Mars, which was about what, you know, he's like, I love all these people doing these things. I think it's great. All these rockets, the concept of moving to space. But go ahead

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  22. I think it has been happening. It's just happening at scale. And the only way to solve that is to provide something that is so much better That, I mean, that people just drop the old thing with a hot potato. So Jim Robo, who's the head of Next Era Energy, just went on last week, said, listen, in the next three years, I think it's 2023, 2024, it is uneconomical for us to operate natural gas for coal anymore. We're stopping it, and we're going all renewable. And so we aren't going to... Save the planet environmentally because we're so moral and we're going to do it because it's cheaper, faster, and better.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  23. Yes. And money on the things. Yeah, it's the system in place trying to perpetuate itself against the betterment of humanity.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  24. Plant bombs, what do you want? Right. And they tend to stick better. They get shot in with a nutrient seed capsule. They've been working in the Myanmar Irwadi Delta, repopulating that. And they just did some numbers and they found out that their plants have better survival rates than hand planted things. These texts exist. Even as you said, carbon sequestration, we can do this stuff. The trick now is the cooperation. You've got to do it at scale, right? We quote Ramez Nam in the futures faster than you think, talking about we can meet 80% of U.S.'s energy needs right now if we link our existing wind, existing solar together into a Nationwide grid. Do we have the impetus to do that? Are we doing these things? No, we're not. The tech is there.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  25. You know what's interesting is a lot of the text we actually need to solve these problems are already here. In the book, we write about my friend Lauren Fletcher's for startup biocarbon engineering. It's a tree planning drone that can plant 100,000 trees a day. It basically shoots little seedling missiles into the ground. They've been doing it.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  26. Just cleaning up the trash is really what that seems to be about. But the real significant changes in water filtration, all kinds of things that create problems without having to necessarily go to Mars as the solution.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  27. Just get to two things to finish up with space and the environment where technology helps and hurts is one of the things I wrote about recently is I just said it because I want people to think this way was the next, I made it up really, the next trillionaire is going to be a green tech trillionaire. I think like whoever figures out how to solve car, and not just through carbon capture, which I think is just cleaning up

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  28. No, no, we fucked up the planet immensely, climate change and so forth, and we have to deal with that. But on the population side, Bill Gates gives two great TED talks on this subject. You do two things to a population center. You make them healthier and better educated. The number of children per family plummet. So here are the numbers. 50 years ago, it was around six children per family as a global average. Today it's down to about 2.4, right? In the US, we're below the replacement number, 1.76 or thereabouts. And so I'm not worried about, in fact, Elon goes and says, and I agree with him, I'm worried about underpopulation of planet Earth. We'll peak at 9.5 billion, and there's going to be a very quick descent.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  29. Our wint pathway manipulations like SamUMED, there's a whole slew David Sinclair. Do you know David from Harvard? He runs a Harvard longevity labs amazing book called Lifespan, in which he talks about the information theory of aging. We age because we're losing information. And he doesn't just talk about slowing aging or stopping aging. He believes we can reverse aging. And that's freaking cool.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  30. Well, it's getting rid of senile cells in your body, which are the zombie cells that are causing inflammatory. But it's also replenishing your stem cell population. Nutrient signal.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  31. And so we're finally have the ability to deal with that. And there's lots of companies that you and I can both name that are in phase one, phase two, phase three clinical trials of slowing that stuff down. Sure. And that's exciting.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  32. synolytic medicines and so on. So here's, when I was in medical school, I remember seeing this television show on long-lived sea life. We almost make it to 200 years, sharks to four or five hundred years, turtles to like five, six, seven hundred years. And why can they and why can't we? And I said, it's either hardware or software.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  33. Until it's too late, it's too to drop. We do. And so half of longevity's revolution is from actually catching disease at stage zero when it is completely curable and preventable.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  34. And the 2.5% had a brain or aeric aneurysm. They know about, 3.5% have significant cardiac conditions and so forth. And so I'm a pilot. I fly a few airplanes. I've got a model S, a Model X. I don't leave the airport or leave the runway or leave the garage unless I know that the vehicles are operating. We know so little about our bodies.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  35. Yeah, they do. And when we generate 150 gigabytes of data about you, two reasons. Number one, what are you likely to die from and can you catch it early and prevent it? But number two, more importantly, is there anything going on inside your body you need to know about now? So it used to be $25,000 a visit. It's now down to $7,500 a visit. We'll come down in price. What's insane is that all of our first 1,500 patients we just published in the journal PNAS about they're all wealthy, they're all able to get the best health care in the world they want. But the results are the following of those first patients, 2% had a high grade tumor cancer they did not know about. Insane.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  36. Okay, well, fantastic. So thank you. So he did say that. I can do that directly for you. And so that is amazing. And at the end of the day, I believe that. So it is about data. It's going to be about early warning more than anything else. Today it's sick care. It's not healthcare. It is when you're on death's door, you spend 20% of your life savings to try and extend the pain an extra year. One of the companies, a company called human longevity in Gate July down in San Diego, and we have a program called the Health Nucleus. And it's interesting. You come in for three hours. I'm going next week. I go every year. And you sequence your genome the first time, but then you have a full body MRI, your blood chemistry is a coronary in a heart CT. All the googles like that.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  37. Obviously, if I can jump and jump in. I mean, one of the things I just wrote an article about is I think the health care industry today and the pharmaceutical industry is in a lot of trouble. They're dependent upon regulations to protect them, which is sort of the last resort. The companies that are going to give us our health care in the future are the ones that have the data, are in our homes, that are on our bodies. They are Google, Amazon, Apple, right? Tim Cook famously said I was last year, I said, 20 years from now we look back, Apple's greatest contribution will be the health industry contribution.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  38. Treatment for the super rich verb surgical, which is Google and Johnson and Johnson, their whole goal was to democratize surgical robots and their robots are coming out this year. And on the back end of the treatment train, we're completely reimagining drug discovery and how we find new drugs. And again, for every 5,000 drugs created, five of them make it to kind of human trials. One of them may come to market. It costs $10 million on average to do this. It's a total way waste. And you've got companies like Insilico Medicine in Baltimore using generous GANs, right? Two AIs battling against each other to find a proper treatment. They've reduced drug discovery from years into months. Quantum computing, which Google just hit quantum supremacy, low end. So they say.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  39. Persistently not reinvented and downright awful. We spend over $2 billion a year on procedures we don't need for fear of liability. Like insane stuff. So on the front end, we're seeing The front end of this with AI starting to become better diagnosticians than regular doctors, better cancer detection, better reading radiological screens, CT screens, et cetera, et cetera. So on the front end, we're seeing medical diagnostics getting reinvented, which is fantastic. In the middle, treatments were seeing You know, robots 10 years ago when we wrote abundance, the DaVinci robot was

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  40. So listen, I'm focused on getting to 100 healthy, right? And when I'm at 100, hopefully I'll focus on 120 or 150 and so forth. But healthy. But healthy. It's health span. Not life.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  41. I'm going to be, and this is, you know, do we go to a new education just like we don't go to, I don't go to libraries anymore. I'm sorry, some people do, maybe for quiet. It's Google. When something is 10 times better, 10 times cheaper, 10 times faster, you give up the old system. So the old system, both in education and healthcare, are going to be crushed under their weight.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  42. But it's reinventing education. There will be a point, I believe, in which you and I say, I'm no longer sending my kids to this school. It's a waste of their time.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  43. Except for no chip. No chip. And this is also bad. And we could talk about neural link and the work that's quite interesting. Yeah, we will in a second. But there's incredible work going on towards this area

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  44. And that level of learning instead of a sage on the stage talking to 50 kids, half are bored, half are lost, you know, this is something end-of-one experience. And education becomes something where the AI knows my favorite color, sports star, movie stars, and I'm self-driven. And I learn what I need to learn to make my dreams come true if I know.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  45. So where technology fits in is the convergence for me of AI. VR networks sensors and we can go into a world where if I want to learn about ancient Greece and the works of Plato, I'm going to put on a VR helmet and I'm going to walk into a place. I'm going to see a virtual version of Plato. And the AI driving that VR version of Plato is built by all of the knowledge we have of Plato. Every historian ever written about him has programmed that virtual and I can have a conversation. I can walk around and say, hey, Plato, what do you think about this? And it's experiential

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  46. Telling people it doesn't matter. I like that, but it doesn't, right? It doesn't. You don't need it. Same thing. So for me, for my eight-year-old boys, I think about the following. What I want for them is to find their passion in life. Like the most important thing, everything I've ever learned is from my own self-passion. The second thing is learn how to ask great questions. In a world where you can know anything, the quality, the questions you ask are far more.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  47. Doesn't matter. And I often do it to their friends. I actually got called by the school to stop telling people it doesn't matter. I like that. But it doesn't, right? You don't need it. I don't never ask the student, an employee to do this. And it's not useful in any way. It's the thinking. It's the ability to think. But it's a poor way to think through things. I'm like, that is not going to make you think better than, say, if you go down to the Zoom kitchen and start figuring out how many people you need to serve over.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  48. You didn't do it back then or figure it out the sine or cosine of a particular angle. And so we spend our times feeding ourselves all of these things and memorizing it and determining whether you go to a good college or a bad college based upon whether you use these things. You're never going to use again. instead of focusing on things like empathy On communication skills, on team building, on being able to give a compelling presentation, on being able to strategically think about the future. These are the skills we need for the world today.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  49. But the question is, what we learn now. So I love this, right? So we have our educational system today built for the Industrial Revolution of 100 years ago. And the bell rings and you move to your next production line. And I have to ask you and everyone listening, when's the last time you factored a polynomial equation? I mean, I didn't do it.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT

  50. Interesting autonomous cars, you didn't sleep much last night. Great, we can give you a car with a bed in it. You want working office, we can give you a car there. I think one of the unintended consequences, by the way, is of autonomous cars is going to reboot the sex industry. I think you've got mobile brothels coming online.

    2020-02-21 · Decoder with Nilay Patel · Recode Decode: Peter Diamandis and Steven Kotler · IDENTIFIED FROM THE TRANSCRIPT