In this episode of The Tim Ferriss Show, hacker Pablos Holman explains how hackers approach problem-solving by pushing technology beyond its intended limits. Drawing from his experiences growing up in Alaska and teaching himself computing, Holman shares examples of hacker thinking, from manipulating Google Maps traffic data to developing brain surgery tools and mosquito-killing lasers at Intellectual Ventures Lab.
The discussion covers the challenges of bringing deep tech innovations to market, including regulatory hurdles and funding complexities. Holman outlines his criteria for investing in deep tech startups, which includes looking for technologies that can deliver tenfold improvements over existing solutions within a decade. He also explains how combining technical expertise with business acumen can help overcome the obstacles facing transformative technologies in traditional industries.
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Known hacker Pablos Holman describes the hacker mindset as one driven by curiosity and the desire to push technology beyond its intended limits. Like magicians devoted to their craft, hackers are drawn to puzzles and reverse engineering, constantly asking not what technology is meant to do, but what it could do. Holman demonstrates this through various examples, from hacking voicemail systems to manipulating Google Maps traffic data, showing how hackers consistently find unconventional solutions to complex problems.
Growing up in Alaska, Holman taught himself computing and hacking on an Apple II computer. His self-taught expertise led to various innovative projects, including the "HackerBot," a robot designed to expose Wi-Fi security vulnerabilities. His career spans impressive technical achievements, from contributing to Blue Origin's space travel initiatives to developing brain surgery tools and mosquito-killing lasers at Intellectual Ventures Lab. Holman describes himself as a T-shaped professional, combining deep computer expertise with broad knowledge that allows him to bridge different disciplines effectively.
Deep tech innovations face significant hurdles in commercialization, as Holman explains through examples like nuclear reactors and autonomous cargo ships. These challenges include regulatory issues, technical risks, and funding complexities. To overcome these obstacles, Holman advocates for assembling multidisciplinary teams that combine technical expertise with business acumen. He points to promising developments, such as new nuclear reactor designs and fusion reactor innovations by companies like Commonwealth Fusion Systems.
When investing in deep tech startups, Holman looks for technologies that offer 10x improvements over existing solutions and can be realized within a 10-year timeframe. He focuses on connecting technical experts with entrepreneurs, particularly in traditional industries often overlooked by Silicon Valley. Holman believes significant opportunities exist in these entrenched sectors, where transformative technologies can generate substantial returns.
1-Page Summary
The hacker mindset is characterized by a unique approach to problem-solving, where technology is not just a tool for its intended use but a playground for innovation and pushing boundaries.
Pablos Holman, a known hacker, illustrates the hacker mindset perfectly by his fascination with puzzles and computer security. Holman sees the endless possibilities within puzzles, leading him to delve deep into reverse engineering. This involves dismantling things to understand their function, which aids in learning and discovering new possibilities. Holman compares hackers to magicians in their devotion to exploring subjects that intrigue them, which in turn nurtures their ability to reverse-engineer technology.
Holman showcases the hackers' explorative mentality, unconstrained by traditional wisdom or the expected uses of technology. Rather than asking what technology is intended to do, Holman asks, "What can I make this do?" This mindset opens possibilities to repurpose technology in inventive ways.
For example, Holman demonstrated on stage various hacking techniques that reveal vulnerabilities in typically trusted security mechanisms like voicemail, door locks, and web browsers. Using caller ID spoofing, he hacked into an AT&T voicemail system, and he displayed how simple tools like a filed-down key and a mallet can open Schlage locks. Moreover, Holman manipulated cnnmoney.com with JavaScript, showing a subtle yet powerful exercise in website tampering.
Holman's drive to reimagine technology led him to try unconventional methods in his explorations. For instance, he purchased a merchant card reader on eBay to extract credit card information from RFID enabled cards when other methods to break encryption failed. Similarly, Sammy, another hacker, manipulated Google Maps traffics data to ease his commute, thereby demonstrating an inventive use of the platform beyond its conventional purpose.
Holman emphasizes that it's not about learning through structured or choreographed means; it's about experimentation. He appli ...
The Hacker Mindset and Approach to Problem-Solving
Pablos Holman’s journey through the technological landscape merges an Alaskan childhood filled with hacking and reverse engineering with groundbreaking contributions to projects ranging from space travel to public health.
Holman’s technological pursuits began with a secret quest to understand his Apple II computer in the isolation of Alaska. With no local knowledge base to draw from, he taught himself, driven by creativity similar to Rodney Mullen's skateboard inventing in rural Florida. Holman convinced others of his computer’s potential and later in life, applied this self-taught hacking spirit to create the “HackerBot.” This robot, designed to drive around and reveal Wi-Fi users' passwords on a screen, was seen as endearing despite its troublesome capabilities. This project raised awareness about Wi-Fi security vulnerabilities in a mediagenic way when few would listen to hackers.
Holman’s spectrum of technical innovation is broad, touching industries from aerospace to public health. He worked on cryptocurrency in 1998 before being introduced to Neal Stephenson and joining a lab that led to the origin of Blue Origin, where they explored unconventional space travel methods like beaming power to payloads. He was part of the design of a vertical-flight craft with jet engines, a precursor to the quadcopters we know today.
Not stopping at space exploration, Holman played a role at Intellectual Ventures Lab, where he contributed to inventions such as a brain surgery tool, a machine to sup ...
Holman's Diverse Technical Projects and Experiences
The commercialization of new, potentially impactful technologies comes with both unique hurdles and the promise of significant advances. Investors and innovators like Tim Ferriss and Pablos Holman offer insights into navigating these challenges.
Deep tech innovations face a multitude of challenges and delays, particularly when introducing transformative technologies such as nuclear reactors and autonomous cargo ships to the market.
Tim Ferriss recounts his experience with the commercialization of inhalable [restricted term] where he faced regulatory issues and other obstacles. Pablos Holman, on the other hand, discusses the immense technical risk involved with his investment projects such as building nuclear reactors or launching solar panels into space. The complexity and the Silicon Valley funding environment add to the difficulty of getting groundbreaking technologies like nuclear reactors off the ground.
Similarly, advanced nuclear reactors have faced setbacks from regulatory agencies like the NRC, but there's a new push from the Department of Energy to expedite their deployment. For instance, a new type of nuclear reactor that's small and can be buried deep underground has faced approval delays despite its safety and simplicity. Now, there's hope for a quicker deployment by July instead of the original 2029 timeline.
Holman faces similar challenges with autonomous cargo ships. His team is focusing on developing these ships to have sailing capabilities and an electric backup for dead zones. Unfortunately, companies capable of such innovation, like shipping companies, have not taken the initiative, similar to how taxi companies failed to respond to Uber's rise.
To overcome complex hurdles in commercializing deep tech, assembling a multidisciplinary team is vital, as Pablos Holman advocates. Founders should not attempt to handle both technical and business elements alone to avoid burnout. Instead, a team with diverse skill sets, including ...
Challenges and Opportunities Of Commercializing Impactful New Technologies
Holman’s investment strategy in deep tech startups is characterized by his search for transformative technologies with big ambition and long-term relevance.
Holman signals his intent by investing in advanced technologies like nuclear reactors, indicating a focus on large-scale improvements or ambitious solutions. He becomes involved with technology when he perceives it to be ten times better than what is currently available, emphasizing groundbreaking efficiency, cost, or functionality improvements over incremental advancements. Holman invests in breakthrough technologies and assists in transitioning them from concept to startup. He prefers deep tech that can vastly alter industries, with potential markets worth trillions, and he contemplates their long-term transformative ability. He assesses whether these significant transformative projects can come to fruition within a 10-year window, aligning with the timing of venture funds and career spans. Holman's investment methodology shows a willingness to support ambitious deep tech projects from their inception and indicates his understanding of the need for long-term support for founders.
Holman shows enthusiasm for pairing strong technology with savvy entrepreneurs, effectively combining inventions and intellectual property with business acumen. He encourages entrepreneurs, regardless of their backgrounds, t ...
Holman's Criteria For Investing In Deep Tech Startups
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