Ramona.

You broke the story earlier today, Joe Lake up.

As you noted in your piece.

He has a masters in public health from U C L.

A.

He's made his fortune in biotech.

This is an area he's not.

Just some fly by night.

Just Hey, let me see what I could do about coronavirus testing.

This is one of his specialties.

How are the warriors attempting to accomplish this?

Uh huh.

Well, look at the game changer for the Warriors here is that they're not just talking about testing the players or the employees or the staffers.

They're talking about testing every single fan who comes in the building and not just with the rapid antigen based tests, which are the tests at the White House views which you know, the experts I spoke to Rachel said those commits 30 to 50% of people who are infectious.

If any of those people get through, you're in a bad situation.

But there's new technology, which is called a rapid PCR test.

This is how if you're watching Saturday Night Live, that's how they're operating.

Okay?

And these tests right now are pretty expensive.

$150.

$200.

Um, but they are being used in small event group settings.

Andi there.

There's three companies right now that have gotten emergency FDA approval to start making them.

They're going to start increasing scale.

Joe Lacob says he thinks by springtime they'll be producing 100,000 of these tests a day.

So that's the only way you could make this work.

If you do a rapid PCR test, which is 99% effective, okay, takes 15 minutes.

You can either do it at the Chase Center, or you could do it.

It drive thru locations around the Bay Area.

You can.

You can safely say that it's not just 99 out of 100 Okay, because there's a lot of people say 10,000 fans.

That means 100 get through.

No.

You also have to factor in the rate of coronavirus in the Bay Area, which is right now.

I just looked it up 20 minutes ago, 9.9 per 100,000.

That means probably out of 10,000 people you're trying to catch.

Four or five of them that have co vid in a 99% effective test probably catches those.

Then you also back it up with mass and social distancing that the experts I talked to one was named George Rutherford at UCSF, he said, This is a close to a perfect A plan, as you can get now in California, where we don't allow any fans, not even friends and family at a college football game.

If they sit three sections apart, it's gonna be a hard It's gonna be hard sell because I think politically it's gonna be hard to get.

London London breathed the mayor of San Francisco, Logan Breed, the mayor of San Francisco or Gavin Newsom to sign off on it when cases arising.

But this really, if we can prove the concept, if the Warriors can do that on a small scale, at least maybe 1000 fans 2000 fans first.

I think this has a game changing ability to get everyone back to arenas and really changed, Um, entertainment sports and get people back into arenas safely.

I think this is admirable and perhaps revolutionary, Um, but the virus is just destroying us as a country.

We're just getting destroyed by us.

It's beating us.

We're about to go into lockdowns all over the place again.

The laws and the virus, they're going to dictate what happens.

And I admire Joe Lick up trying to fight it.

That said that said, 100,000 tests like this per day.

Do we really want X 1000 of them?

5000, 10,000 to go toe Warriors fans just to fill the Warriors arena like, can we think of something better to do with those tests?

And same goes for Hollywood studios.

I mean, we're about to close schools all over the country, and we're sitting here talking about filling an N b A arena to 50% capacity.

I mean, it's at honorable.

I think their heart is in the right place and the impact could be revolutionary, but it feels like we're just sort of it's just sort of we're missing the larger point, but that larger point.

Zack then requires the next question question.

I had to.

Well, I would just say guys.

The larger point requires that next question of if sporting event.

T.

If teams or sporting events or Hollywood studios aren't buying up those tests, is someone else buying them?

Because that was one of the questions facing the MBA bubble before they started up things in Orlando, there was some criticism of, Oh, the MBA is gonna buy up all these tests.

Are they taking them away from someone?

But the lab was making the tests for them and did not have other government buyers who was gonna buy that same amount of tests for normal citizens.

So I think part of it is just sort of a play between local governments, state governments, private institutions and hospitals who buy up tests and private businesses who want to buy a test to function.

Are they taking them?

Quote away.

Could we think of better things to do with those tests?

If us, as taxpayers are willing to buy up and fund those tests to the degree that say Joe Lake up is, of course, they should go to the government and to taxpayers and to people who need them in the general public.

I just You can't look at that in a vacuum and say, Why are they buying up all the tests that that doesn't mean there's any for anyone else's someone else buying up those tests up until now.

Ah, lot of our state governments have not done that.

It depends on the state.

And it depends on which test you're talking about.

Right, Ramona?

Yeah.

You explain that perfectly, Rachel.

I mean, I think the big question And I think this is another thing.

You know, I kind of knocked the rapid antigen test before, which are which, you know, they're not as accurate, Right.

Um, but if you use them every day, So if you're talking about schools, right where if you have ah lot of huge population, but it's the same population every day, they become more effective because you're testing people more often.

So if you say, let's say you missed the virus on day four, but you got it on day five.

That is more effective.

And I think those antigen tests are far cheaper right now.

So there are other plays there.

Zack, I actually agree with you.

I think that we should probably see these in nursing homes among first line responders.

I do think that is coming, though, and I think it's gonna come with a national testing strategy that is probably gonna come over the winter as we see an administration change.

One of the experts I talked to his name is Rick Klausner.

He's advising the Rockefeller Foundation, who one of their lead the Biden transition team.

And I think that's what's gonna That is probably what's going to change this equation here, which is if we, instead of leaving it up to states if we have more of a nationwide extensive testing policy, um, then you can produce these in bulk.

Then the government can compel other companies to produce the bulk, and there will be more companies and more tests available, Um, in the coming months.

So I think, by springtime that ethical question may not be as much of an issue may not be as much of an issue.