deep tech.

And so that meant I was dangerous when it came to medical research.

I knew my way around it and I knew how to use tagging and the jargon.

So I went and looked for trial information and found the trial information, even though centralized, was not robust, dynamic information.

primarily jargon, difficult for an advocate like myself, even, you know, motivated.

It was difficult to parse and get through and get through in a timely manner.

If you're a clinician with multiple patients, it's similarly just south of impossible to do it in an effective and timely manner.

For a pharma audience where regulations and SOPs and the review process already define how a lot of things get done, what does that pattern look like when you point it at AI?

The manual labor, the blue collar work.

Yeah, this actually hits quite close to home for me because my dad was in heating and air, is in heating and air.

He's been heating and air plumbing and electrical for 40 years.

He's a union guy from Chicago, moved to the South, got into heating and air.

He is the most traditional blue collar guy you can imagine.

And I say that with great respect because he's been quite successful.

He has... a training, a series of training courses now for people to get their certifications.

sit on my head that can connect to a keyboard, if that's going to change how I do things.

And so, so do you think that-- Am I right in thinking if, if I break it down that the unit of captured work i- or how you capture or, or give a metric to something, what does that change to in a world of, in a world of AI? What, what are we-- what are the things that we're measuring?

Yeah.

To answer that question, I gotta go back 236 years, unfortunately for you and your audience.

The, the value is largely created in the world with the presupposition that the artifact is the valuable thing, and that goes back to James Madison writing the intellectual property system into our Constitution in 1790 or thereabouts.

And, uh, that was built for an era t- of two-- that was built to do two things in an era of kind of the, the, the early Industrial Revolution.

It was predicated on things, steam, you know, steam engines and cotton gins, and also it was latently encouraging individuals out of the fields and into service-based economy, white collar jobs, attorneys.

It was written by attorneys for attorneys.

What, what, what's your take on where things might go from here?

Can you take us there? What happened and what did that moment reveal about the system?

Yeah, sure, Vinay, and thank you for having me.

So I'll take you back to 2017.

I had just started my first company, a crowdfunding company, in the deep tech, med tech, research tech, whatever you want to call space, things coming out of labs at universities, the innovation engines of the United States.

The thinking there is that a lot of that deep tech is exist beyond the time horizon of a VC or any traditional investor beyond the 10 year time horizon.

So the idea was, is to get alumni back involved with their alma mater and bring down the check sizes, tell very emotive stories about the research and connect it to their own academic and professional backgrounds.

So what that meant is that I was quite good at understanding how to look at medical research and where to go to go search for, you know, the intersection to be an advocate for somebody in my family.

What is a lens? What is a quad? What is a claim in the world? And at the end of that session, what do I have that I didn't have an hour earlier?

So if you want to turn judgment, as an economic asset, how do we measure it without reducing, I would say, everything to just a scoring or something similar?

Well, Mehmet, first thing I have to say, I have to preface everything that comes out of my head in the next 30 seconds.

I don't have the silver bullet.

I don't have the answer.

I think I've been thinking about this longer than most with the proper framework.

But these are early days and I have a couple ideas and we have a couple of opinions that we've we've developed.

And it's that you can monetize in a number of ways that look very similar to the world today and some that are totally new novel.

Yeah.