Property AI Report 085 - ChatGPT's Awesome 5.5, Self-employed Switchers & Elon/Zuck Back In The Game

Key topics:

• Transition of 40 self-employed agents from Keller Williams to IAD in Scotland, highlighting industry consolidation trends.

• Launch of AI-powered features by Rightmove, including area insights and search enhancements, and its implications for property portals.

• Updates on the latest models from OpenAI, Anthropic, SpaceX, Meta, ByteDance, and Google, emphasizing rapid development and competitive AI landscape.

• The importance of data center investments by companies like Anthropic and Musk's ventures into cloud infrastructure.

• Tool of the week: The enhanced voice capabilities in ChatGPT, including full duplex functionality for more natural conversations.

• Market outlook on stamp duty effects, political influences on housing policies, and the evolving competitive environment among portals.

Timestamps: 

00:00 - Welcome and introduction to the property and AI landscape 

02:00 - Industry mobility: 40 agents switch from Keller Williams to IAD 

04:00 - Impact of consolidation among self-employed brokerage models 

05:30 - Rightmove's new AI features and consumer search experience 

07:00 - Challenges and opportunities in property portal AI adoption 

09:00 - Political and economic factors influencing the UK housing market 

12:00 - The surge of new AI models: GPT 5.6, Grok 4.5, and Meta’s Muse Spark 1.1 

15:00 - Role of AI pricing, accessibility, and competition among top models 

17:00 - SpaceXAI’s Grok 4.5 and the shifting AI arms race 

19:00 - Meta’s revitalised AI models and privacy concerns 

21:00 - ByteDance’s Seedream 5.0 Pro and the rapid pace of AI development 

24:00 - Future infrastructure needs: Data centers and global compute capacity 

28:00 - Tool highlight: Upgraded voice interactions with ChatGPT 

30:00 - Practical implications for property agents and tech adopters 

32:00 - Wrap-up, upcoming topics, and next episode preview

Transcript

SPEAKER_01 0:00

Hi everybody and welcome to the Property AI Report. This is your weekly digest of all things property and AI, brought to you by me, Mal McCann, and my good friend and co-host Matt Goddard. Matt, how are you today?

SPEAKER_00 0:09

Very well, Mal. Are you sound gruff? You have a good weekend so far?

SPEAKER_01 0:13

It's been a great weekend. Yeah, we're recording this on Sunday morning at 9.29, which is very late for us, so apologies to everybody. Um, but yes, it's just been a crazy old week and then weekends. Yes, been very busy. Went out um to um another gig yesterday um festival. Um yeah, it was really, really good fun singing, obviously. Uh what about you? What's your weekend been like?

SPEAKER_00 0:32

Yesterday was a bit relaxing, but Friday I was at all sorts of gig, so my voice had a chance to catch up, and then obviously the football turn of events last night as well. So maybe sleeping slightly jaded.

SPEAKER_01 0:42

Yes, indeed. We may not do any spoilers for those that are yet to watch it, but it was uh yes, it was worth staying up for in the end, wasn't it? All right, we will crack on with uh this week's um property news. Okay, first up, um, we have the news that um 40 self-employed agents have moved from uh one brokerage to another. So a big old um chunk of um yes, self-employed talent um has switched across from um Keller Williams in Scotland uh to uh Relative Newcomers IAD. Um Keller Williams, people may know, been around for uh quite a while, actually, one of the first probably to uh to make the make the journey across the Atlantic from uh from the States um and uh brought that kind of model over here. Um it's it's kind of been launched and then relaunched a few times um over here. And this this particular iteration um was um seems to be very well in. Uh there was about 300 Keller Williams um self-employed agents, um obviously now down by 40, it seems, um, because those north of the border have switched across to IAD. Um IAD joined um came across from Europe, uh, where it's really, really strong. Many hundreds of self-employed um agents in in France and um and Germany and various other places, Spain and so on. And uh yes, came over um and have got um Leo Bryan um down in uh Bishop Storkford running uh running the show for IAD and bringing that across here. Um and yeah, a bit of a coup, Matt, um, to to secure these uh these very much so.

SPEAKER_00 2:04

It's a decent way because as you touched on there, uh Leo Bryan and Dave Kirby are still both in there running running things, and uh when they were acquired by IAD all that time ago, although it was relatively recently, really, wasn't it? They I think they had 47 self-employed brokers themselves, so to bring over 40 is a is a decent chunk, but just shows how they're going from strength to strength because last month they also brought on a avocado as well, didn't they? Is that another sort of folded and joined the IAD initiative. So I was with Lee actually on Tuesday at the uh Khovel conference down in uh Celtic Manor, Wales, and so he kept that very close to his chest, didn't didn't mention it, but yeah, it's great to see and uh obviously adds further weight to this, doesn't it? Part of that consolidation acquisition approach.

SPEAKER_01 2:49

Yeah, it's it's getting really interesting, isn't it? Because um obviously there there is growth, quite significant growth in the numbers of people wanting to do this and the the kind of tentacles of the various different um uh different brands. So obviously you've got exp is kind of the the big dog with with over a thousand agents now. And then yeah, you've got um TAUK, which itself swallowed up the agency, trying to get it in the right order. And um and and now, yeah, you've got um IAD kind of coming in and swinging big. The there is growth in the uh in in this particular, you know, in terms of the listings, etc. I d it's still, I think, less than than five percent of the overall industry, but but is growing. So yeah, I think it's gonna be a really interesting sort of um next couple of years, particularly, where um there's there's a lot of kind of elbows out, jostling for position, and who's gonna kind of come out um on top, and particularly who's gonna be sort of the main challenger perhaps to to to EXP. Um but yeah, I think from a from the consumer viewpoint, which is where you know you always got to kind of go down back to that lens. Um, I think it's it's really good for for competition, it's really good for choice to be able to kind of yeah, have uh have the uh the option of now probably not just one but uh maybe two or or more self-employed agents locally, as well as uh the more traditional um high street agents and also you know the the corporates too. So I think it's um yeah, it bodes well for for the industry, bodes well for choice, um it bodes well for for some competitive options for for consumers as well. Um, right, next up on our property news, we've got Right Move launching um some more AI. So um again, just to to recap, about a year ago now, probably uh Right Move announced that it was going to um uh uh gonna go into AI with about 18 million pounds. It's share price tanked um as um could as the investors were concerned um about its direction, those that wanted it to just stay, you know, not not break the uh break the machine. Um but yes, they've now um uh launched some additional features where you can ask AI all about um the area that you've you've chosen a property on and things like that. And Matt, what's your what's your thoughts on this? So this feels obviously like they're catching up.

SPEAKER_00 4:41

And I seem to remember sitting in Barcelona maybe a year and a half, two years ago, someone being on stage talking about I think it was Jitty at the time, and how they they were doing this as part of the just the the standard search, Jitty being one of the first, I guess, AI forward portals, wasn't it? And there's yeah, there's a I think you might have heard of this, there's one called My Porter, where it's much more natural language, and the guy who the chief protagonist of My Porter talks about needing somewhere nearer ballroom dancing classes and that sort of thing. So it feels to me like Wright Movies almost got uh got caught with some table stakes in the same way that when the CRMs start bringing in photo editing and sort of property descriptions that too feels like uh table stakes. What's your take, Mark?

SPEAKER_01 5:23

Yeah, and so so exactly that. This is how people are gonna search. They kind of have to uh they they they they've got to um they've got to get it, they've got to get there. You know, they Coastar has had it for say eight months or so over in the States at this point. Um they're bringing it over to the UK, I think, next year. I think he's going over to Domain Australia. Natural language search, you know, the ability to actually um articulate what you're looking for just freely and conversationally, um, and then uh the ability to to kind of you know to really sort of dig deep that that this is it continues to be as it always is, it it's backwards, right? So essentially what it's doing is it is bolting AI onto the functionality that it's got rather than actually building from AI first principles, as you say, that that Jitty's done and my port has done. Because what right move has to do is continue to send leads, right? It's currency is leads. So it has to show you as a consumer many, many more properties than you are actually specifically looking for, um, in the hope that you will continue to kind of um spam more leads out because I uh essentially agents pay for leads and can pay for presents. Yeah, whereas you know what what in my view should be happening is people should be be able to just articulate the lifestyle and the properties very whether there's one property or whether there's ten properties should show up. What right move continues to do is to show featured properties and you know essentially kind of a corruption of the surge um results. And from a consumer viewpoint, I think that you know in the next sort of year, two years that that's just not gonna be acceptable. Consumers are gonna want to see the properties that are right for them, not the properties that right move wants to show them because that particular agent has paid them all money for it. Um so I think that's that's one of their problems, is is that kind of search corruption. The second problem is that that that they only have 85% of the market, you know, and and and consumers are going to expect to see every property that fulfills that criteria rather than the subset that the right move has. Um and that I I think that's going to become increasingly important as well, because you can go and ask Chat GPT and you can go and ask these um these these native AI portals uh for whatever you like. Yeah, so look, I I think you know that they are uh as you say, table stakes. They they they're catching up, they're you know, they they're making sense. But but again, it is you know, I I keep going back to to to the fun that um that that we had back in 2000, 2001 when the the newspapers just um you know were fretting about the internet, this new technology. And they they they decided the way to do the internet was just to um to put the adverts, lift the adverts from the newspapers and put them straight onto the internet and just go, da-da-da, there we go, we've done it. When actually the big change was was how people were searching for property, and I think that that is happening right now, and that's and again, you know, the incumbents are doing AI just by sticking it on the front the front of what they're doing already. Um so yeah, again, I I'm certain that we will see uh more from uh the incumbent portals, the paid for traditional portals looking uh to do similar things like this. But uh but yes, I think it's um yeah, you know, it it it's gonna be helpful and it's and it's it it's the right move to be doing, no pun intended, for uh for what they are, uh for where they are right now. All right, next up on our property news, we've got some more kind of politics stuff. So um we've got um stamp duty uh story um crushing the housing markets in the south of England. Uh we've got some uh more news on um so news analysis shows fewer than 10% of first-time buyers pay stamp duty in northern England compared to 51% in the south. This is uh Zupler data as um inherited property could face up to £120,000 capital gains tax. Um and there's some bad news um from some right move data for Labour um in terms of where their target areas um are for for housing developments. Um so you know that there's that we're we're in this kind of weird almost like uh vacuum where we know that Starmer's leaving, we know that it's very likely to be, if not 100% likely to be, Andy Burnham coming in, but we don't really know what's going on. Um so so Matt, that there's a lot of kind of these stories going around about anything in particular that um that that's it.

SPEAKER_00 9:01

I guess I was just wondering how bin face coming into Plackton's gonna have an impact on these and if anyone's gonna uh release some some pro uh property-related stats on them. Apart from that, it's the some of them do feel like it's almost trying to crowbar in a story around the politics that's going on, right? The the idea of stamp duty only affecting first-time buyers in north of England where the house prices we know are are a lot cheaper, and you need to be is it 300,000 for a first-time buyer? So um but I'm I'm more interested in the 2.1% in the northeast, what kind of properties they're buying, because back home that could get me an absolute mansion. Whereas you know, here locally you can understand that 51% in London, yes, unfortunately it's tough, but that's that's the nature of the the pricing around that we see from Chris Watkin on a regular basis, those sort of average property prices places, don't they?

SPEAKER_01 9:50

Yeah, exactly that. And yeah, so so I I think you're right, we're kind of heading into this this area where that you've got Camp Bin Face um as one of the big political news um stories of the week, then you know you're kind of into a bit of silly season. But uh, but yeah, no, I think that um that that we're gonna continue to see more and more of this. I think that there's a lot of jostling for position, there's a lot of trying to catch the the eye of Burnham and trying to help force his hand in terms of properties. You know, this one this mythic 1.5 billion, sorry, million, 1.5 million um properties that should have been built over the course of this parliament, um, which runs out in the next couple of years, and there's very little sign of of those coming to pass. So, you know, that that manifesto commitment, that's um that that that um movement within the property market, which would be very welcome, um, still doesn't show any signs of getting off the uh the page uh that it was designed on rather than necessarily being uh being actually out in the out in the world. So yeah, um look, we will obviously um keep you abreast of what is coming up, but uh but yes, there's uh there's a lot of a lot of heat. Sorry, a lot of light less heat, if that's the right way to say it. Anyway. Alright, that is our property news for this week. Um let's talk AI and tech news. Wow. So it's been another huge week, huge, huge, huge week in terms of um releases of models. And the biggest one, uh the biggest story is um OpenAI um and its new family of models, GPT 5.6. Matt, I know you've been having a little play around with uh with all of this. Um, what's your thoughts?

SPEAKER_00 11:12

Well, this is another one that's actually been ready for a little while, similar to the the Fable 5 from uh Anthropic and and Claude Fable 5 Mythos, where it's had to get into that queue to be reviewed by the US government, mainly down to the fact that obviously Anthropic made a big point about these these things are dangerous and should they be getting released? And then uh Amazon's CEO calling uh the government saying, look, Anthropic aren't returned my calls, but I'm really worried about some of the jailbreaks that you can do with with this new model. So um 5.60 that's have been available for a while. We spoke last week about their new naming convention of solved for the the uh the absolute work house horse terror, i.e. Uh the intermediate and lunar as the budget friendly option. But that's we now got our hands on them and and to be honest, it's really, really impressive in in certain benchmarks. And this one necessarily mean a lot to to people, but in certain benchmarks it's actually smashing fable. And I found it really quite impressive how it works. The only caveat on that though, I use it within Codex, which is the sort of their the super app, which does a lot of the heavy lifting as well. But so far, find impressive both across sort of coding, knowledge work, as they call it, the presentations and and research. It's it's very impressive. And one of the other big things, it's a good job we didn't do this on Friday morning like we normally do, because even on Friday they dropped four or five absolutely huge parts, one of which I was just jumping into is that harness that codec, which has been very much geared towards coders, and there is a an option in the background that hides the sort of the Python script when things are being worked on, but they have now dropped Chat GPT work as part of that, which is very much geared towards everyone else other than coders. And sort of the the feedback on that, it launches and links up very elegantly with your ChatGPT mobile app as well, so you can check on tasks, see how things are running, and it's not as terrif terrifying or unnerving as seeing a pure coding app. So that also drops on Friday, which is incredible.

SPEAKER_01 13:15

Yeah, and and and that very much sort of mirrors the the co-work, doesn't it, over at in anthropic, which has been around for for quite a while actually, but but is it but is phenomenal. And uh yes, so so to have this essentially it does feel like the anthropomorphic um analysation of Chad GPT, right? So that they're choosing these three names, and they've matched those to the three names from um I like like um uh haiku and sonnet and opus from anthropic. Um but also yes, they've now got this um the this way of um organizing work, which for co-work um is very similar to. And yeah, but but but it's the right direction of travel, right? This is what has been proven to be what people are wanting, what people are needing, what people are looking at. And yeah, like like you, I've been using it um over the last few days, and it is it's phenomenal. I'm not as sure again, because probably because I've been using Fable Five so much, not quite sure that it is right up in into to that league, but I think it's very, very, um, very close and it is also a lot cheaper. Yeah. I think that's gonna be something that is that that is really, really important because Fable Five is just so expensive and crazy, and it's it's actually supposed to disappear, I think, today um from the um from from your normal uh your normal clawed uh clawed kind of packs. Whereas 5.6 obviously is is continuing, it's gonna be um it's gonna be a lot that that that level of intelligence is gonna be continue to be available. So yeah, I I think it's it's it's amazing, you know, and and as we're about to talk about that there are others that have come out this week as well that if they don't whereas they don't quite match this, the the the pace that this continues to develop at is is continues to astonish. Um and the fact that they're all pushing each other to just go further and faster, um, again, I think is is is incredible. Um I would be surprised if Anthropic did just hide Fable Five away, didn't do something about the pricing, because I think you know now 5.6 Chat GPT 5.6 is here. I do think that puts enormous pressure on them to do something about the pricing and to do something about the availability.

SPEAKER_00 15:05

And there's a there's a couple of a couple of bits there as well, sorry, that you touched on and you also alluded to. Um so we've got Fable V till today. Well that's only because Anthropic extended our original, there's a bit of a stay of execution on on how long we would have the model available for. So I think it was originally going to be the seventh. Then ChatGPT 5.6 dropped, and anthropic within a matter of hours reset the usage. And this is a this is a a play that OpenAI do on a regular basis. They they sort of uh give you resets of your usage two or three times a week if you're an actively engaged and doing a lot of work. So you you're sort of becoming part of that ecosystem of theirs more and more, and so they're just sort of uh pulling you in. And Anthropic is the first time they've done that, and absolutely spot on as well. I I fully expect that we'll see a fable five point one or something similar, which allows them to have that sort of really bleeding edge model and then use that as the chance to then drop the pricing on Fable Five at the same time.

SPEAKER_01 15:59

Yeah, 100%. And and yes, as as we um mentioned there, there there are other models that have come out this week. So um let's have a little look at Grok 4.5. Um so again, those regular listeners will know that um uh SpaceX um took over X AI. It has, as of this week, been rebranded SpaceX AI, which I have to confess I thought it already was. So, but yes, so SpaceX AI, um which is really clunky, uh has um released Grok 4.5. Now, this has been built, we're led to believe kind of from scratch, right? And again, you know, because Elon Musk a few weeks ago said what they built, the previous Grok Grok for um was was built wrong, was what he said. All of the co-founders of XAI left as it merged with SpaceX a few weeks ago. So, and but they took over Cursor for $60 billion, I think, something like that. Um at the time of the uh the the the um the IPO um the the float of um of SpaceX as well. And um these guys at Cursor apparently have just spammed out um 4.5, Groc 4.5 um in uh record time. Um and it's actually quite good. Um it seems that it actually does some some really uh you know it's it's comparable that people are saying with you know um Flawed Opus 4.7, which was very recent and very strong, um and and and even ChatGPT 5.5, which was the model that was replaced by this week's 5.6. So um yeah, Matt, all confusing stupid names and numbers and points and all that sort of stuff aside. Um sounds like it's hotting up from their that side as well, right?

SPEAKER_00 17:25

Well, it's it's it's two we we've for the most of this year we've been talking about anthropic and open AI, right? Gemini was sort of the Google's 2025 was basically their year, like a bit like so far the World Cup is Bellingham's World Cup, you know, it was there, but they're they're quiet and and there is talk of maybe we'll get that new Gemini model next week, whether or not that comes to pass, because it's been a few times. But this week or last um we've seen Grok from SpaceX AI come hurtling back. Thanks for the thumbs up to confirm I got that right. And I know we'll touch on this in a moment, but Meta's also back as well, right? Yeah, but so the key points on on Grok 4.5 is it's rapid, it's cheap, and it's actually pun sort of uh intended, it's excelling at office work. So, not you'd expect from something like Cursor and the gang there, where it was very much for coders to be purely a coding-based model, but actually this is punching heavily into the people who are building complex Excel spreadsheets and and that sort of use case as well. So I think people are definitely worth giving it a try. And and as we've talked about in the last few weeks, when you're looking at costs of tokens and you're building things out and you're thinking which model should I use? Grock 4.5 for both the speed and the price, definitely worth looking at. And the the other one that's obviously this week was um Meta are also back in the game.

SPEAKER_01 18:46

Yeah, so Meta's um has launched Muse Spark 1.1. Again, apologies for the stupid names. But yes, um this this this again sounds like it's it's really, really strong, right? So so you know, again, to recap, uh Meta basically got rid of all of its um Lama team because you know essentially it was falling behind, it was an open source model, and it there was very little defensibility around it. Um basically acquired Acqui hired many, many, many um cutting-edge AI engineers uh for billions and billions, many of them individually for billion, um, and has rebuilt its um superintelligence unit, as it calls it, um, and is you know on the hunt for to be to get to superintelligence first as as as others are too. And yeah, they brought out this model that apparently is is amazing. You know, again, probably with you know, your five Chat GPC 5.5 comparable with with an Opus 4.7, something like that. And so, you know, in terms of options, we we are incredibly uh spoilt, I think, right now, because all of these are are just so so strong. As with everything meta, though, I'm always a little bit cynical because meta is absolutely all about you know, how can we get the ads in? How can we make sure that we lock people into this ecosystem? You know, if you're using WhatsApp, then you'll see there's meta AI is down there. And again, yes, now it is a lot better and a lot more intelligent, and that's great. But yeah, what's it you know, I I I remember when I tried to uh plug um OpenCraw into my WhatsApp and basically it just wouldn't let me in. In fact, it locked me out on WhatsApp for about three days. So it's just you know, you you are that they are trying to lock you into their particular ecosystem, and and and that's um I think that could become um problematic. Obviously, it's it's learning from all your data as well. But uh but yeah, you know, there's no getting away from the fact that that they are back in the game. Uh they've actually, you know, they'd they've they've released something that is genuinely good, and it's been a long time since we've been able to say that about Meta, right?

SPEAKER_00 20:30

That's it. That's it, and and in that terms of that cynical um tin hat sort of approach, but at the same time, Meta have also launched their new AI generator for images, Muse Image, and uh that very much does play into the whole keeping them in keeping them, keeping you, keeping people locked in, and it's a a bit similar to the the one that's drawn maybe criticism is it's got a a feature that's similar to Cameo that used to be in Suno from ChatGPT, the image generator, where you could put your own profile in your image up, but if you've got access to someone's Instagram, you can basically in this Muse image generator just tag the Instagram account and start using the the profile so whether it's public or someone in your sphere of friends, then you can um you can create I think the term was goofy images. But that's pulling people in and obviously getting them in the lens and the eye of those adverts again, isn't it?

SPEAKER_01 21:20

Yeah, exactly that. And then and yeah, the the the whole thing around sort of privacy and meta is a little bit kind of um a little bit dodgy as well. Um and yes, you know, in terms of the the images that they've been using to train this model, um very much probably your holiday snaps that you shared on Facebook, you know, back in 2019. All of this stuff has probably come to to to to to to build all this sort of stuff out. So yes, it's um there's always a bit of a concern when it comes to meta some that this is just some kind of like yeah, slightly grimy and better. But yeah, again, it is um it is phenomenal. The imaging, uh the stuff, as you say, is is great as get as as well. Um and all of these things are are starting to to really kind of kick on. And while we're talking about images. Um Byte Dancers um debuted C-Dream, so S-E-E-D-R-E-A-M 5.0 Pro, and which has advanced reasoning. Now, C Dream, I've said ByteDance, owners of TikTok, and um they've obviously got a lot of data in there as well. Yeah, their C-Dream is looks amazing. I have yet to play around with it fully. Um I think it dropped a couple of days ago. Um but it is it looks insane. Again, we are in an absolute incredible time when all this stuff is just going super fast, and we're just being delivered with basically model after model after model that is astonishing, right?

SPEAKER_00 22:36

Yeah, flying. Okay, so it's unseated Europe. Was it Chat GPT image two until now? And this one seems to be knocking that one off.

SPEAKER_01 22:44

Yeah, yeah, that's right. I I think Google, again, you know, to your point about Google, it for a long time it had the run of it with Nano Banana 2 and and all that sort of stuff, but everybody seems to be piling over taking a Gemini right now. I think that I'd like you, I'm sure Google can't be sleeping on this. They've they've got to drop a model pretty soon because everybody is piling past them on all of their previous um strengths. You know, the video VO 3.1 used to be, you know, up until about three weeks ago, four weeks ago, at the top, and then C Dance uh came along to 2.0 and then 2.5. Um so yeah, I think um Google have got some some catching up to do. Um but again, when they do, I'm sure it's gonna be amazing and we're gonna be just sitting there going, wow, this is what a time to be alive. Um all right, uh, next up on our AI and tech news. We want to um just um yeah, so looking to the future, looking at how um things are going to kind of pan out. Anthropic is um has signed a 20-year lease for a Kentucky data center, uh, which is worth $19 billion. This is probably the really boring but really important kind of stuff that that we need to be kind of thinking about as well. There isn't enough compute out there in the world, and we are constantly, you know, you are looking at some of the, again, incredible models, but some of the rationing almost of the answers. Uh, and again, you know, we spent a lot of time finished the tour this week, met some amazing agents as went around the country and and just talking to them about, you know, and getting them to understand that actually we we are compute constrained, and that means that the um the fulsomeness of answers to some of the queries that you put in um isn't perhaps uh where it where it will be when all these data centers are built out and yeah, there's all the space ones and stuff like that, but that might take you know five years, ten years. Uh and and until that point in time, a particular demand goes up. All of the models, all of the labs are going to be constrained with what they're able to do. So, you know, the the kind of big example that I always think about is if you ask it for a property, you know, with access to to bore them, dancing classes, sea view, blah, blah, blah. Generally the models will come back with a subset of what's available and just hope that that so five properties that match it. And then you go, is that all of them? And it'll go, no, here's some more. So it is is not that kind of big, you know, the the full answer. Um, and that's again the the kind of challenge that we've been looking to solve with with what we're doing, because actually you can ask and get 100% of properties, uh discoverable properties um that that match your your requirements. Um but yes, as compute finally starts to catch up with demand, if demand is going skyrocketing, particularly with these these new models, the agentic models, then then yes, you know, it will be possible for for more and more um queries to be dealt with on the fly. But I think until that point we're we're gonna see higher prices, Matt, aren't we? And and it's it's it's not gonna be as in the end, it will be something like electricity, where it just the intelligence is everywhere. Um and we can just call it on tap, but but we're not quite there, are we?

SPEAKER_00 25:29

No, and it's sort of why we're seeing people like Zuckerberg and Musk move into this whole neo-cloud provider and start sort of renting out their own space, right? Because it needs a lot more data centers. And I've actually said to one of my mates at the weekend who's a sparky, it's like, you know, do should we be getting involved in in that side of things? So these we're gonna need them. And uh, that's also why Musk is looking at sending them off into space as well, right?

SPEAKER_01 25:52

Yeah, exactly that. So, yes, plenty more um of that. Um, as you say, it's it's it's more the kind of the nuts and bolts, the plumbing of of all this AI, but uh but yes, it's really, really critical if we're gonna see all the benefits that are likely coming down the track. All right, that is our AI and tech news. Um next up, our tool of the week. So um if you like me and Matt end up talking to your AIs, then you will have noticed a change in chat GPT this week. So it comes um on the back of five the release of 5.6 and uh yeah, the voice mode as I was trundling around various bits of whales on on Wednesday. Um yeah, just just chatting to it is is is a different experience, isn't it, Matt?

SPEAKER_00 26:27

Very much so. And it's it's almost like having a conversation with a human instead of getting the the clicks and the words that you had before in terms of that that dead space, uh you get some some acknowledgements that that it's listening. But I think more importantly, and this going maybe slightly geeky is before it was synchronous, so you you'd ask something and the model had waited until you'd responded, then go off and start investigating and then come back to you and you you couldn't really interrupt. Whereas now they've gone for a full duplex model, so actually it's a couple of big parts. The voice model before was was quite far behind. I think it was almost in a chat GT4 when it was doing the research, but actually now it's uh it's it's always gonna be on the most recent, so it's already on 5.6, it's running with the the tools and access that you've got as well, so you can be asking it to go off and and check your emails and and look for the last time that Mal actually wrote to you anything anything pr pleasant, but also it's it starts looking for those in the background and it's got a ticker that once every couple of seconds it's wet weighing up whether to interrupt or if it needs to say something and carries on doing it. So it's actually a much more consistent flow in in terms of the the background reasoning and having information presented. And I I started y utilizing it, I think it was yesterday, I was walking back from Elephant and having a a chat, and uh it was it was really quite it goes back to when voice first came along. It was more of a novelty being able to sort of backwards and forwards and get things prepared, whereas uh sort of that micro decision making and the sort of things that it was coming back with was quite impressive, and and that wasn't me driving around whales like you were on Wednesday.

SPEAKER_01 28:00

I d yeah, so so it was very noticeable first of all, so it it goes, mm-hmm, yeah, mm-hmm, mm-hmm. Halfway as as you're talking. And the first time you kind of hear it, you're just a little bit like, Are you just taking the mick? You know, because it just goes, mm-hmm, mm-hmm, yep, yep. So um I to the point that and and and I talk people out there know I talk a lot. Um so I was just chatting with it about something that we were doing, and blah blah blah. And I and I got to and then it started, it went, ow, mouth, and like like the interrupted me. I'm like, what? And it goes blah blah blah. And then it like answers the like the point that I made three points ago. But it's just it's it's fascinating. A little bit kind of um, yeah, a little bit uh it's gonna take a little bit of getting used to, I think. Um, but it is well, well, well worth um well worth playing around with. If you've got the chat GPT app, then you just click on the uh on the the little um uh audio waves down in the bottom right corner, the blue button, uh, and then you can chat away with it. Um and it's um yeah, I I think it's it's phenomenal. And it's gonna be the way forwards uh in terms of how things work.

SPEAKER_00 28:54

Is the getting used to the bit where someone's absolutely interrupting you?

SPEAKER_01 28:57

Yeah, I think that's that's the thing I'm I'm just not happy about. So stop it. But yeah, no, it's it was literally as you and I have this joke about you go maw, maw. And it was literally like always going mouth, mau. All right, that is all we've got time for uh this week. Thank you so much for listening in. We are gonna get this up um very quickly uh this Sunday morning. So um, yes, looking forward to catching up earlier um in the week, next week, um, when we get our stuff together. So, yes, listen, thanks so much for listening in. Um, have great weeks. Enjoy the rest of the football, very exciting. Um, and we'll catch up with you in a few days' time. Take care, everyone.